MARTIN, J. C. III

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the DOLORES CREEK (WILCOX 8200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 196178District 04Field 252352002 tax incentive programmesGasSaveExport
Value, all time
$195 k
May 2003 – May 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
121
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1979-12-12
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: CAPACITY ALLOWABLE 06/01/90

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 Gas112003-11-05152706
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
GasProduction27,743 Mcf$195,468
Total$195,468

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 27.4077, -99.3090. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.40769, -99.30902 · 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
9,903 ft
1 wells filed one
Completion to plug
10.0 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 9,903 ft.

Completions filed
May 2003
1 of 1 wells
Plug dates filed
May 2013
1 of 1 wells

Last completion to plug: a median of 10.0 years across the 1 well that filed both dates, with the middle half between 10.0 years and 10.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793747489,903 ftMay 2003May 2013Yes

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 (121)

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

121 months

May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 2008148131.0811.39$1,686
Jun 2008174131.3313.03$2,268
May 2008137123.1711.57$1,586
Apr 2008184110.3110.45$1,924
Mar 2008190101.909.66$1,836
Feb 200819292.538.77$1,684
Jan 200821090.388.21$1,723
Dec 200720988.337.30$1,526
Nov 200723291.677.29$1,692
Oct 200722482.856.92$1,551
Sep 200722475.846.24$1,399
Aug 200720969.066.39$1,335
Jul 200721370.906.39$1,361
Jun 200719762.007.55$1,487
May 200723858.747.85$1,867
Apr 200722659.617.81$1,764
Mar 200721456.927.30$1,563
Feb 200718755.108.22$1,536
Jan 200719350.306.73$1,298
Dec 200620456.656.92$1,411
Nov 200618854.207.62$1,432
Oct 200623554.906.01$1,413
Sep 200624060.085.04$1,209
Aug 200621368.717.34$1,563
Jul 200621769.376.34$1,376
Jun 200622066.286.38$1,404
May 200619666.016.42$1,259
Apr 20061,61264.397.36$11,865
Mar 20061,76656.707.08$12,508
Feb 20061,40657.597.75$10,898
Jan 20061,68460.598.93$15,044
Dec 200528054.9413.42$3,756
Nov 200524954.6910.59$2,637
Oct 200544758.3413.80$6,167
Sep 200536461.4512.08$4,397
Aug 200543161.519.80$4,222
Jul 200534055.697.84$2,667
Jun 200531652.337.38$2,332
May 200521745.226.65$1,443
Apr 200570049.207.36$5,152
Mar 200575550.377.15$5,402
Feb 200554445.226.31$3,434
Jan 200563243.166.32$3,996
Dec 200429439.866.75$1,985
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 20049343.245.28$491
Aug 200428742.375.55$1,593
Jul 200419338.286.08$1,174
Jun 20045936.106.43$380
May 200423537.486.49$1,526
Apr 200435634.475.86$2,086
Mar 200427334.365.53$1,510
Feb 200431832.455.51$1,752
Jan 200432832.036.30$2,066
Dec 200322430.266.30$1,412
Nov 200390028.804.60$4,136
Oct 20031,19928.174.76$5,707
Sep 200396626.314.75$4,588
Aug 200376129.765.13$3,904
Jul 20031,02429.415.17$5,295
Jun 20031,52728.565.98$9,136
May 20031,44926.595.97$8,654

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.

Jul 2008 — as filed, then multipliedworked
Gas                  148 Mcf  × $ 11.39 =     $1,686

────────────────────────────────────────────────────
Month total                                   $1,686

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/196178 is the state's own key, not one this site invented.