MARTIN, J. C. III "A"

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the BARRERA (LOBO 6) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 191095District 04Field 058135002 tax incentive programmesGasSaveExport
Value, all time
$2.0 M
Aug 2002 – May 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
142
no gaps in the span
Streams
1
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 18 leases and 18 wells, and the rule below applies to all of them.

Discovered
1980-02-05
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFFECTIVE 9/1/95.

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 Gas112002-11-27149951
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
GasProduction381,852 Mcf$2,010,970
Total$2,010,970

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 27.4080, -99.3517. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.40803, -99.35168 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,806 ft
1 wells filed one
Completion to plug
11.8 years
median over 1 well

What the state filed about each well

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

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 8,806 ft.

Completions filed
Aug 2002
1 of 1 wells
Plug dates filed
May 2014
1 of 1 wells

Last completion to plug: a median of 11.8 years across the 1 well that filed both dates, with the middle half between 11.8 years and 11.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793810178,806 ftAug 2002May 2014Yes

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 (142)

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

142 months

May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 201318794.834.15$776
Apr 201381893.964.28$3,503
Mar 201366593.623.91$2,602
Feb 201342991.233.42$1,467
Jan 201337291.603.42$1,272
Dec 201259386.773.42$2,028
Nov 201253286.953.62$1,928
Oct 201251089.383.40$1,734
Sep 201263994.672.92$1,865
Aug 201260492.662.91$1,757
Jul 201227985.133.02$843
Jun 201243479.822.52$1,093
May 201238591.612.49$958
Apr 20120101.652.00$0
Mar 2012230105.052.22$511
Feb 2012370101.102.57$951
Jan 201252798.092.73$1,441
Dec 201131696.873.24$1,024
Nov 201134895.723.31$1,152
Oct 201130684.983.65$1,116
Sep 20116983.623.99$275
Aug 201120683.404.15$855
Jul 201140494.144.52$1,825
Jun 201136192.904.64$1,675
May 201136198.134.40$1,590
Apr 2011377105.964.33$1,634
Mar 201151796.364.06$2,098
Feb 201118785.644.18$782
Jan 201113486.504.59$615
Dec 201030885.734.35$1,339
Nov 20107280.843.80$273
Oct 201015178.103.51$530
Sep 201036072.633.98$1,433
Aug 201045973.684.42$2,028
Jul 201073072.554.74$3,458
Jun 201023870.364.91$1,169
May 201053271.124.24$2,253
Apr 201051381.694.12$2,115
Mar 201062278.394.39$2,730
Feb 201041173.585.44$2,237
Jan 201052174.365.96$3,107
Dec 200971071.445.48$3,893
Nov 20091,13974.593.75$4,273
Oct 20092,31872.544.11$9,528
Sep 200947065.543.06$1,440
Aug 200933667.423.22$1,081
Jul 200938861.133.46$1,344
Jun 200944666.163.90$1,737
May 200965354.743.93$2,564
Apr 200967646.773.59$2,425
Mar 200938742.144.06$1,571
Feb 200950032.814.63$2,317
Jan 200961835.865.37$3,319
Dec 200848537.105.98$2,899
Nov 200861355.496.86$4,205
Oct 20081,35975.246.92$9,407
Sep 20081,007101.767.88$7,932
Aug 2008543114.228.48$4,606
Jul 2008553131.0811.39$6,298
Jun 2008920131.3313.03$11,990
May 2008960123.1711.57$11,111
Apr 2008572110.3110.45$5,980
Mar 2008667101.909.66$6,446
Feb 200840792.538.77$3,570
Jan 200882090.388.21$6,729
Dec 200761488.337.30$4,483
Nov 200776191.677.29$5,549
Oct 200754482.856.92$3,766
Sep 200735775.846.24$2,229
Aug 200786369.066.39$5,513
Jul 20071,00070.906.39$6,388
Jun 200783662.007.55$6,311
May 200781458.747.85$6,387
Apr 200788859.617.81$6,931
Mar 200794156.927.30$6,871
Feb 200776155.108.22$6,252
Jan 20071,39250.306.73$9,364
Dec 200677956.656.92$5,389
Nov 200685054.207.62$6,475
Oct 20061,34954.906.01$8,113
Sep 20061,15860.085.04$5,833
Aug 20061,33068.717.34$9,762
Jul 20061,46269.376.34$9,273
Jun 200669366.286.38$4,424
May 20061,15066.016.42$7,389
Apr 20061,23364.397.36$9,075
Mar 20061,21456.707.08$8,599
Feb 20061,43057.597.75$11,084
Jan 20061,70560.598.93$15,231
Dec 20051,47154.9413.42$19,734
Nov 20051,59154.6910.59$16,846
Oct 20051,60258.3413.80$22,101
Sep 20051,84561.4512.08$22,286
Aug 20051,59261.519.80$15,597
Jul 20051,49655.697.84$11,734
Jun 20051,60752.337.38$11,861
May 20051,64145.226.65$10,915
Apr 20052,03349.207.36$14,964
Mar 20051,96150.377.15$14,031
Feb 20052,03445.226.31$12,838
Jan 20052,27243.166.32$14,364
Dec 20042,29939.866.75$15,521
Nov 20042,64045.286.33$16,712
Oct 20043,08449.706.52$20,093
Sep 20042,76343.245.28$14,599
Aug 20043,14842.375.55$17,473
Jul 20044,44438.286.08$27,038
Jun 200471436.106.43$4,593
May 20043,73837.486.49$24,277
Apr 20043,36834.475.86$19,731
Mar 20044,30234.365.53$23,791
Feb 20044,09432.455.51$22,556
Jan 20044,90932.036.30$30,925
Dec 20035,11030.266.30$32,201
Nov 20035,72928.804.60$26,326
Oct 20036,09428.174.76$29,005
Sep 20036,41726.314.75$30,477
Aug 20037,79329.765.13$39,976
Jul 200310,03929.415.17$51,910
Jun 20038,02228.565.98$47,995
May 20039,90126.595.97$59,136
Apr 200311,87226.675.41$64,195
Mar 200317,38631.146.10$105,986
Feb 20039,26233.487.93$73,410
Jan 200311,33230.315.58$63,256
Dec 200224,61826.914.85$119,490
Nov 200223,89524.664.14$98,853
Oct 200237,94426.464.23$160,470
Sep 200240,36027.443.64$146,717
Aug 200227,68225.963.16$87,590

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 2013 — as filed, then multipliedworked
Gas                  187 Mcf  × $  4.15 =       $776

────────────────────────────────────────────────────
Month total                                     $776

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/191095 is the state's own key, not one this site invented.