MARTINEZ, E. T.

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the LA PERLA (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 196843District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.7 M
Aug 2003 – May 2026
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
274
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 719 leases and 719 wells, and the rule below applies to all of them.

Discovered
1999-06-29
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 2010-11-02.

The Commission's schedule remark for this field reads: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

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 Gas112004-04-29156505
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
CondensateDisposition413 bbl$20,532
GasProduction1,914,073 Mcf$10,637,290
Total$10,657,822

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 27.2883, -99.3874. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.28834, -99.38740 · 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
Aug 2003
1 of 1 wells

1 well

42-5053477089,800 ftAug 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 (274)

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

274 months

May 20260749106.413.05$2,281
Apr 2026078298.932.87$2,244
Mar 2026087789.753.15$2,762
Feb 2026091863.503.75$3,443
Jan 2026089759.138.00$7,174
Dec 2025084456.664.41$3,725
Nov 2025084758.593.93$3,326
Oct 2025089259.383.30$2,948
Sep 202501,05562.743.08$3,246
Aug 202501,09263.933.01$3,292
Jul 202501,13366.743.32$3,756
Jun 202501,09066.483.13$3,410
May 202501,15460.553.23$3,730
Apr 202501,04362.363.54$3,695
Mar 202501,14367.704.27$4,879
Feb 202501,07070.884.34$4,645
Jan 202501,18874.324.28$5,083
Dec 202401,17568.993.12$3,668
Nov 202401,02569.052.20$2,253
Oct 202401,11971.372.28$2,553
Sep 202401,20869.612.36$2,856
Aug 202401,24375.632.06$2,565
Jul 202401,22379.932.15$2,625
Jun 202401,35978.082.63$3,580
May 202401,40878.812.20$3,095
Apr 202401,42484.451.66$2,363
Mar 202401,36480.301.55$2,108
Feb 202401,37576.091.78$2,453
Jan 202401,36173.023.30$4,488
Dec 202301,49671.262.61$3,906
Nov 202301,45577.892.81$4,085
Oct 202301,47685.443.09$4,557
Sep 202301,48489.042.74$4,059
Aug 202301,54080.522.67$4,116
Jul 202301,48174.852.64$3,913
Jun 202301,47668.962.26$3,334
May 202301,43570.622.23$3,196
Apr 202301,62578.122.24$3,636
Mar 202301,72172.852.39$4,119
Feb 202301,64075.112.47$4,044
Jan 202301,43376.533.39$4,855
Dec 202201,63976.415.73$9,390
Nov 202201,50085.005.65$8,469
Oct 202201,58787.185.86$9,306
Sep 202201,54284.888.16$12,588
Aug 202201,59794.529.13$14,576
Jul 202201,404101.587.54$10,589
Jun 202201,358115.097.98$10,833
May 202201,817109.378.43$15,323
Apr 202201,716104.226.84$11,733
Mar 202201,808108.885.08$9,178
Feb 202201,93991.054.86$9,421
Jan 202201,21181.844.54$5,495
Dec 202101,35371.323.90$5,276
Nov 202101,35977.435.24$7,117
Oct 202101,42079.795.71$8,114
Sep 202101,53269.865.35$8,198
Aug 202101,36266.024.22$5,748
Jul 202101,61270.783.98$6,419
Jun 202101,47069.493.38$4,970
May 202101,46763.483.02$4,427
Apr 202101,53060.362.76$4,220
Mar 202101,57361.302.72$4,274
Feb 202101,45757.805.55$8,083
Jan 202101,76150.412.81$4,949
Dec 202001,34344.642.68$3,593
Nov 202001,64438.772.71$4,450
Oct 202002,02736.972.48$5,024
Sep 2020086337.091.99$1,718
Aug 202001,80739.982.39$4,310
Jul 202001,79938.371.83$3,283
Jun 202001,89934.901.69$3,210
May 202002,13816.921.81$3,880
Apr 202001,82414.751.80$3,291
Mar 202002,07630.341.86$3,854
Feb 202001,98449.881.98$3,930
Jan 202002,29157.252.09$4,799
Dec 201901,44059.012.30$3,318
Nov 201901,17155.302.75$3,221
Oct 201901,52853.472.42$3,696
Sep 201901,45455.052.66$3,864
Aug 201901,73453.112.30$3,996
Jul 201901,40156.272.46$3,447
Jun 201901,69052.782.49$4,210
May 201901,77258.482.74$4,856
Apr 201901,73462.632.75$4,770
Mar 201901,55056.803.06$4,746
Feb 201901,49750.852.79$4,180
Jan 201901,70046.033.23$5,488
Dec 201801,38846.594.19$5,809
Nov 201801,44352.934.24$6,114
Oct 201801,55661.443.40$5,287
Sep 201801,55459.543.11$4,830
Aug 201801,63759.403.07$5,020
Jul 201801,59465.142.93$4,673
Jun 201801,12760.183.08$3,468
May 201801,58265.382.90$4,589
Apr 201801,28563.842.90$3,728
Mar 201801,40561.222.79$3,916
Feb 201801,54561.782.77$4,274
Jan 201802,45962.874.01$9,859
Dec 201701,88257.272.92$5,498
Nov 201701,77655.423.12$5,538
Oct 201701,65849.292.98$4,947
Sep 201701,33347.523.09$4,115
Aug 201701,49545.373.00$4,492
Jul 201701,79343.873.09$5,535
Jun 201701,81542.493.09$5,603
May 201701,98345.373.26$6,471
Apr 201701,86347.933.21$5,983
Mar 201701,86346.772.98$5,559
Feb 201701,63850.452.95$4,836
Jan 201701,82849.413.42$6,250
Dec 201631,80148.763.72$6,851
Nov 201601,51942.492.64$4,017
Oct 201601,70346.193.09$5,263
Sep 201601,79041.553.10$5,550
Aug 201601,65041.442.92$4,825
Jul 201602,00741.622.92$5,869
Jun 201601,88945.352.69$5,074
May 201602,06542.521.99$4,112
Apr 201601,95236.561.99$3,887
Mar 201602,48233.011.79$4,453
Feb 201601,76926.472.06$3,651
Jan 201602,05827.352.36$4,866
Dec 201502,01532.362.00$4,033
Nov 201501,96538.792.17$4,259
Oct 201501,88643.552.43$4,577
Sep 201501,47942.992.76$4,080
Aug 201502,02540.162.87$5,817
Jul 201502,44348.152.95$7,195
Jun 201501,85656.152.88$5,351
May 201502,10555.212.96$6,221
Apr 201502,02549.822.71$5,481
Mar 201502,19042.892.93$6,427
Feb 201501,59844.662.98$4,756
Jan 201501,70043.433.10$5,271
Dec 201401,32454.693.59$4,755
Nov 201401,63770.464.25$6,960
Oct 201401,89178.303.90$7,377
Sep 201401,54586.164.05$6,250
Aug 201402,04689.394.04$8,256
Jul 201402,07696.564.18$8,677
Jun 201401,99998.164.74$9,469
May 201402,06494.734.73$9,756
Apr 201402,09495.944.81$10,070
Mar 201401,81995.895.06$9,198
Feb 201401,81497.406.19$11,232
Jan 201401,84790.404.86$8,978
Dec 201302,31591.824.35$10,081
Nov 201302,01588.853.74$7,533
Oct 2013132,12997.423.78$9,313
Sep 201301,767104.113.72$6,569
Aug 201301,919104.253.52$6,760
Jul 201302,259102.523.72$8,398
Jun 201302,32594.403.93$9,145
May 201302,52194.834.15$10,460
Apr 201301,95593.964.28$8,372
Mar 201302,20493.623.91$8,624
Feb 201302,19491.233.42$7,503
Jan 201302,30791.603.42$7,890
Dec 201202,42786.773.42$8,301
Nov 201202,55686.953.62$9,265
Oct 201202,68389.383.40$9,121
Sep 201202,64494.672.92$7,716
Aug 201203,04892.662.91$8,864
Jul 201202,38385.133.02$7,199
Jun 201202,55379.822.52$6,431
May 201202,68491.612.49$6,679
Apr 201202,354101.652.00$4,700
Mar 201202,585105.052.22$5,744
Feb 201202,780101.102.57$7,145
Jan 201202,66798.092.73$7,292
Dec 201103,10496.873.24$10,056
Nov 201102,51795.723.31$8,334
Oct 201102,90784.983.65$10,606
Sep 201102,95583.623.99$11,778
Aug 201102,92583.404.15$12,137
Jul 201102,99594.144.52$13,529
Jun 201103,15392.904.64$14,630
May 201103,38098.134.40$14,888
Apr 201102,813105.964.33$12,190
Mar 201103,16796.364.06$12,850
Feb 201102,89585.644.18$12,101
Jan 201102,31086.504.59$10,600
Dec 201003,10385.734.35$13,491
Nov 201003,39980.843.80$12,900
Oct 201003,68278.103.51$12,920
Sep 201003,68072.633.98$14,644
Aug 201003,69173.684.42$16,312
Jul 201003,84872.554.74$18,226
Jun 201003,10070.364.91$15,222
May 201003,65371.124.24$15,471
Apr 201003,64381.694.12$15,019
Mar 201003,32178.394.39$14,575
Feb 201003,34073.585.44$18,177
Jan 201003,81374.365.96$22,741
Dec 200903,90971.445.48$21,436
Nov 200903,76374.593.75$14,117
Oct 200904,00672.544.11$16,466
Sep 200903,98465.543.06$12,210
Aug 200903,94367.423.22$12,691
Jul 200904,39861.133.46$15,237
Jun 200904,17066.163.90$16,242
May 200904,25454.743.93$16,700
Apr 200904,38746.773.59$15,738
Mar 200903,98542.144.06$16,175
Feb 200903,49732.814.63$16,202
Jan 200904,31035.865.37$23,149
Dec 200804,47037.105.98$26,718
Nov 200804,48355.496.86$30,755
Oct 200804,73475.246.92$32,769
Sep 200804,661101.767.88$36,715
Aug 200804,912114.228.48$41,669
Jul 200803,960131.0811.39$45,102
Jun 200805,021131.3313.03$65,437
May 200805,050123.1711.57$58,450
Apr 200805,424110.3110.45$56,707
Mar 200805,305101.909.66$51,268
Feb 200805,47992.538.77$48,054
Jan 200805,11590.388.21$41,972
Dec 200705,97388.337.30$43,615
Nov 200706,51291.677.29$47,484
Oct 200706,14482.856.92$42,529
Sep 2007186,20075.846.24$40,079
Aug 200705,67069.066.39$36,220
Jul 200706,47070.906.39$41,330
Jun 200706,81462.007.55$51,435
May 200706,75458.747.85$52,994
Apr 200707,37459.617.81$57,556
Mar 200708,24756.927.30$60,219
Feb 200707,59955.108.22$62,433
Jan 200708,22050.306.73$55,295
Dec 200608,84956.656.92$61,221
Nov 2006897,39354.207.62$61,140
Oct 2006010,44154.906.01$62,790
Sep 200609,50160.085.04$47,858
Aug 2006010,80268.717.34$79,286
Jul 200609,28569.376.34$58,893
Jun 2006011,75766.286.38$75,055
May 2006013,11366.016.42$84,251
Apr 20067913,40364.397.36$103,739
Mar 2006017,80256.707.08$126,090
Feb 2006015,41457.597.75$119,476
Jan 2006016,70860.598.93$149,258
Dec 2005012,80554.9413.42$171,784
Nov 2005013,76254.6910.59$145,718
Oct 2005162,08158.3413.80$29,642
Sep 20050061.4512.08$0
Aug 2005229,34061.519.80$92,856
Jul 2005011,06255.697.84$86,766
Jun 200507,00352.337.38$51,689
May 2005014,55245.226.65$96,788
Apr 2005016,39449.207.36$120,668
Mar 2005020,10750.377.15$143,863
Feb 2005021,05645.226.31$132,904
Jan 2005025,83343.166.32$163,321
Dec 2004029,36939.866.75$198,272
Nov 2004029,33645.286.33$185,709
Oct 2004033,83049.706.52$220,406
Sep 2004034,85243.245.28$184,154
Aug 20044544,12642.375.55$246,835
Jul 2004043,04538.286.08$261,894
Jun 2004023,82736.106.43$153,280
May 2004029,51237.486.49$191,668
Apr 2004034,28234.475.86$200,840
Mar 2004045,76834.365.53$253,103
Feb 2004052,26132.455.51$287,938
Jan 2004060,98132.036.30$384,158
Dec 2003079,73230.266.30$502,442
Nov 20037098,79328.804.60$455,986
Oct 200358134,53528.174.76$641,972
Sep 20030152,86126.314.75$725,992
Aug 20030129,30529.765.13$663,298

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                  749 Mcf  × $  3.05 =     $2,281

────────────────────────────────────────────────────
Month total                                   $2,281

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/196843 is the state's own key, not one this site invented.