MARTINEZ, M.

Operated by VARAS ENERGY OPERATING COMPANY, (P-5 102824) in the POK - A - DOT (8600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 177534District 04Field 721635002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Jun 2000 – May 2026
Value, last 12 filed months
$46 k
at the published price for each month
Months reported
312
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 78 leases and 78 wells, and the rule below applies to all of them.

Discovered
1976-10-08
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-08-12.

The Commission's schedule remark for this field reads: FORMULA TO REMAIN SUSPENDED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112003-10-10153338
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition4,327 bbl$181,782
GasProduction992,221 Mcf$4,840,004
Total$5,021,786

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 27.2201, -99.1826. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.22011, -99.18264 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,800 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 9,800 ft.

Completions filed
Jun 2003
1 of 1 wells

1 well

42-50534128149,800 ftJun 2003

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (312)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

312 months

May 202601,267106.413.05$3,859
Apr 2026087798.932.87$2,517
Mar 20262478989.753.15$4,639
Feb 2026042863.503.75$1,605
Jan 202601,10659.138.00$8,846
Dec 202501,11756.664.41$4,930
Nov 2025111,61458.593.93$6,982
Oct 2025048659.383.30$1,606
Sep 2025082062.743.08$2,523
Aug 2025082263.933.01$2,478
Jul 2025092366.743.32$3,060
Jun 202501,01166.483.13$3,163
May 2025221,03560.553.23$4,678
Apr 2025087962.363.54$3,114
Mar 2025121,39167.704.27$6,750
Feb 2025074670.884.34$3,238
Jan 202501,12974.324.28$4,831
Dec 20241065268.993.12$2,725
Nov 2024091069.052.20$2,001
Oct 202401,20771.372.28$2,754
Sep 2024069469.612.36$1,641
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230271.262.61$5
Nov 20230077.892.81$0
Oct 2023071685.443.09$2,210
Sep 2023041289.042.74$1,127
Aug 2023033880.522.67$903
Jul 2023087874.852.64$2,320
Jun 2023969668.962.26$2,193
May 20231783770.622.23$3,065
Apr 202301,15378.122.24$2,580
Mar 202301,33772.852.39$3,200
Feb 20231377775.112.47$2,892
Jan 2023060376.533.39$2,043
Dec 2022048076.415.73$2,750
Nov 2022955485.005.65$3,893
Oct 2022050187.185.86$2,938
Sep 2022063984.888.16$5,217
Aug 2022072194.529.13$6,581
Jul 20220489101.587.54$3,688
Jun 20228576115.097.98$5,516
May 20226370109.378.43$3,776
Apr 20220382104.226.84$2,612
Mar 20220519108.885.08$2,635
Feb 2022064991.054.86$3,153
Jan 2022233081.844.54$1,661
Dec 20210071.323.90$0
Nov 202104277.435.24$220
Oct 2021422979.795.71$1,628
Sep 2021027969.865.35$1,493
Aug 2021023366.024.22$983
Jul 2021532270.783.98$1,636
Jun 2021029569.493.38$997
May 2021035563.483.02$1,071
Apr 2021431860.362.76$1,119
Mar 2021023961.302.72$649
Feb 2021332557.805.55$1,976
Jan 2021028250.412.81$793
Dec 2020430344.642.68$989
Nov 2020030838.772.71$834
Oct 20209429236.972.48$4,199
Sep 2020026337.091.99$524
Aug 202013023439.982.39$5,756
Jul 2020230338.371.83$630
Jun 2020029134.901.69$492
May 2020029816.921.81$541
Apr 2020448014.751.80$925
Mar 2020049730.341.86$923
Feb 2020348649.881.98$1,112
Jan 20204843557.252.09$3,659
Dec 2019053659.012.30$1,235
Nov 20193945655.302.75$3,411
Oct 2019052653.472.42$1,272
Sep 2019042155.052.66$1,119
Aug 2019045953.112.30$1,058
Jul 2019042456.272.46$1,043
Jun 2019042452.782.49$1,056
May 20191752058.482.74$2,419
Apr 20193930162.632.75$3,271
Mar 2019035356.803.06$1,081
Feb 2019031350.852.79$874
Jan 20192229346.033.23$1,959
Dec 2018037846.594.19$1,582
Nov 2018044452.934.24$1,881
Oct 2018034861.443.40$1,183
Sep 2018560759.543.11$2,184
Aug 2018077059.403.07$2,361
Jul 2018065665.142.93$1,923
Jun 2018025660.183.08$788
May 20182228265.382.90$2,256
Apr 2018044763.842.90$1,297
Mar 2018049561.222.79$1,379
Feb 20181136161.782.77$1,678
Jan 2018047862.874.01$1,916
Dec 2017059957.272.92$1,750
Nov 2017072955.423.12$2,273
Oct 2017044649.292.98$1,331
Sep 2017946047.523.09$1,848
Aug 2017053845.373.00$1,616
Jul 20172273843.873.09$3,244
Jun 2017062242.493.09$1,920
May 2017054345.373.26$1,772
Apr 2017551647.933.21$1,897
Mar 2017057146.772.98$1,704
Feb 2017557450.452.95$1,947
Jan 2017059249.413.42$2,024
Dec 2016050748.763.72$1,887
Nov 2016446742.492.64$1,405
Oct 2016051446.193.09$1,588
Sep 2016043641.553.10$1,352
Aug 2016051841.442.92$1,515
Jul 2016455141.622.92$1,778
Jun 2016066845.352.69$1,794
May 2016047042.521.99$936
Apr 2016347436.561.99$1,053
Mar 2016051633.011.79$926
Feb 2016051726.472.06$1,067
Jan 2016349527.352.36$1,252
Dec 2015039832.362.00$797
Nov 2015058338.792.17$1,264
Oct 2015584243.552.43$2,261
Sep 2015056142.992.76$1,547
Aug 2015062140.162.87$1,784
Jul 2015079448.152.95$2,338
Jun 2015061156.152.88$1,761
May 2015474655.212.96$2,426
Apr 2015066149.822.71$1,789
Mar 2015359742.892.93$1,881
Feb 2015466644.662.98$2,161
Jan 2015480343.433.10$2,664
Dec 2014081454.693.59$2,923
Nov 2014070370.464.25$2,989
Oct 2014382278.303.90$3,441
Sep 2014090586.164.05$3,661
Aug 2014078989.394.04$3,184
Jul 2014091496.564.18$3,820
Jun 20142285498.164.74$6,205
May 2014098494.734.73$4,651
Apr 2014076495.944.81$3,674
Mar 2014090595.895.06$4,576
Feb 201401,01397.406.19$6,273
Jan 201401,12190.404.86$5,449
Dec 2013054891.824.35$2,386
Nov 2013062988.853.74$2,351
Oct 201301,25197.423.78$4,728
Sep 20130883104.113.72$3,283
Aug 201300104.253.52$0
Jul 201323943102.523.72$5,864
Jun 201351,05994.403.93$4,637
May 2013111,19794.834.15$6,010
Apr 2013111,09993.964.28$5,740
Mar 201351,14293.623.91$4,937
Feb 2013231,01891.233.42$5,580
Jan 201303,38691.603.42$11,580
Dec 2012131,24686.773.42$5,390
Nov 201231,11286.953.62$4,292
Oct 201231,07889.383.40$3,933
Sep 201231,12594.672.92$3,567
Aug 201211,03792.662.91$3,108
Jul 201221,32485.133.02$4,170
Jun 201231,02579.822.52$2,821
May 2012494091.612.49$2,705
Apr 20128989101.652.00$2,788
Mar 201251,086105.052.22$2,938
Feb 201261,221101.102.57$3,745
Jan 20121197498.092.73$3,742
Dec 2011101,02596.873.24$4,289
Nov 2011594795.723.31$3,614
Oct 201151,00684.983.65$4,095
Sep 20111292083.623.99$4,670
Aug 2011897483.404.15$4,709
Jul 20111091894.144.52$5,088
Jun 2011311,04992.904.64$7,747
May 2011271,03998.134.40$7,226
Apr 201119887105.964.33$5,857
Mar 2011231,11396.364.06$6,732
Feb 201101,21585.644.18$5,079
Jan 2011321,37586.504.59$9,078
Dec 2010088585.734.35$3,848
Nov 201001,23880.843.80$4,699
Oct 2010281,19278.103.51$6,369
Sep 201001,24972.633.98$4,970
Aug 201081,27073.684.42$6,202
Jul 201081,34772.554.74$6,960
Jun 201001,18770.364.91$5,829
May 2010191,59071.124.24$8,085
Apr 201001,47981.694.12$6,097
Mar 2010121,64778.394.39$8,169
Feb 201001,35673.585.44$7,380
Jan 201001,33474.365.96$7,956
Dec 2009141,31271.445.48$8,195
Nov 2009131,61374.593.75$7,021
Oct 200901,52172.544.11$6,252
Sep 200971,51665.543.06$5,105
Aug 200901,20267.423.22$3,869
Jul 200901,23061.133.46$4,261
Jun 20091489766.163.90$4,420
May 2009079554.743.93$3,121
Apr 200901,08646.773.59$3,896
Mar 2009231,11342.144.06$5,487
Feb 200901,21632.814.63$5,634
Jan 2009331,64535.865.37$10,019
Dec 20083277837.105.98$5,837
Nov 200801,40255.496.86$9,618
Oct 2008241,17775.246.92$9,953
Sep 200801,702101.767.88$13,407
Aug 200801,319114.228.48$11,189
Jul 200801,207131.0811.39$13,747
Jun 200881,159131.3313.03$16,155
May 200801,429123.1711.57$16,540
Apr 200801,456110.3110.45$15,222
Mar 200801,368101.909.66$13,220
Feb 2008111,43792.538.77$13,621
Jan 200801,35090.388.21$11,078
Dec 200701,71588.337.30$12,523
Nov 2007121,47291.677.29$11,833
Oct 200781,79982.856.92$13,115
Sep 200701,44875.846.24$9,042
Aug 200761,33069.066.39$8,910
Jul 200701,34370.906.39$8,579
Jun 200701,18262.007.55$8,922
May 200701,37258.747.85$10,765
Apr 200751,48859.617.81$11,912
Mar 200701,47756.927.30$10,785
Feb 200701,05355.108.22$8,651
Jan 200701,81450.306.73$12,203
Dec 200602,13756.656.92$14,785
Nov 200601,52354.207.62$11,601
Oct 200601,95954.906.01$11,781
Sep 200601,93960.085.04$9,767
Aug 200601,94268.717.34$14,254
Jul 200601,94869.376.34$12,356
Jun 200601,73466.286.38$11,070
May 200642,00566.016.42$13,146
Apr 200602,05764.397.36$15,141
Mar 200672,19456.707.08$15,937
Feb 200602,16857.597.75$16,804
Jan 200652,45860.598.93$22,261
Dec 200532,49254.9413.42$33,596
Nov 200552,70754.6910.59$28,936
Oct 200532,31958.3413.80$32,167
Sep 200572,55161.4512.08$31,244
Aug 2005122,47961.519.80$25,024
Jul 2005112,85755.697.84$23,022
Jun 2005112,97352.337.38$22,519
May 2005232,51545.226.65$17,768
Apr 200502,57149.207.36$18,924
Mar 2005243,21250.377.15$24,190
Feb 2005102,83945.226.31$18,372
Jan 2005103,58343.166.32$23,084
Dec 2004103,81839.866.75$26,174
Nov 200454,00445.286.33$25,573
Oct 200444,64649.706.52$30,468
Sep 2004134,49643.245.28$24,319
Aug 2004123,88742.375.55$22,084
Jul 2004254,51238.286.08$28,409
Jun 2004134,73636.106.43$30,936
May 2004155,62737.486.49$37,107
Apr 2004236,14234.475.86$36,775
Mar 2004105,17834.365.53$28,979
Feb 200405,60532.455.51$30,881
Jan 200406,15732.036.30$38,787
Dec 200306,87630.266.30$43,330
Nov 200307,37528.804.60$33,889
Oct 200309,04628.174.76$43,056
Sep 200309,24426.314.75$43,903
Aug 20033112,32929.765.13$64,167
Jul 20033921,04429.415.17$109,962
Jun 200363,53528.565.98$21,321
May 2003423926.595.97$1,534
Apr 200341,23026.675.41$6,758
Mar 200391,80631.146.10$11,290
Feb 200361,25033.487.93$10,108
Jan 200313,07130.315.58$17,173
Dec 200214,83126.914.85$23,475
Nov 200211,82324.664.14$7,566
Oct 200221,76326.464.23$7,509
Sep 200224,11327.443.64$15,006
Aug 200225,17125.963.16$16,414
Jul 200223,46524.583.06$10,658
Jun 200226,50723.733.34$21,769
May 200214,73024.663.58$16,977
Apr 200243,17323.653.51$11,239
Mar 200217,12922.003.10$22,141
Feb 200237,07118.222.38$16,853
Jan 200209,03217.172.38$21,457
Dec 200108,66916.932.36$20,497
Nov 2001010,49418.072.41$25,244
Oct 2001012,44219.782.53$31,464
Sep 2001013,78624.262.25$31,037
Aug 2001116,62324.873.05$50,778
Jul 2001519,17723.933.20$61,430
Jun 200137,87624.563.82$30,193
May 2001812,06625.524.31$52,176
Apr 2001816,26624.685.34$86,982
Mar 20011519,80324.545.38$106,838
Feb 200110730,47127.755.77$178,698
Jan 200113934,68527.478.40$295,129
Dec 2000336,94826.889.12$64,270
Nov 20002359,60332.215.66$61,903
Oct 200017631,76231.235.15$168,928
Sep 200051850,06931.875.19$276,192
Aug 200047269,34029.644.54$328,846
Jul 2000620104,51228.534.09$445,117
Jun 200029579,77829.304.40$359,447

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,267 Mcf  × $  3.05 =     $3,859

────────────────────────────────────────────────────
Month total                                   $3,859

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/177534 is the state's own key, not one this site invented.