MARTINEZ, E.T.

Name: MARTINEZ, E.T. lease production and value, Aug 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BASHARA-HEREFORD (7300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 197113District 04Field 059936002 tax incentive programmesCondensateGasSave Export

Value, all time

$3.4 M

Aug 2003 – May 2026

Value, last 12 filed months

$50 k

at the published price for each month

Months reported

274

no gaps in the span

Streams

condensate, gas

The BASHARA-HEREFORD (7300) field

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 182 leases and 182 wells, and the rule below applies to all of them.

Discovered

1986-07-30

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 EFFECTIVE 2/1/94.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2004-04-29	156506
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	82 bbl	$5,216
Gas	Production	673,349 Mcf	$3,433,811
Total			$3,439,028

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 27.3002, -99.3868. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.30017, -99.38683 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

8,400 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 8,400 ft.

Completions filed

Aug 2003

1 of 1 wells

1 well


42-50534772	9	8,400 ft	Aug 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 2026	0	1,124	106.41	3.05	$3,424
Apr 2026	0	1,088	98.93	2.87	$3,122
Mar 2026	0	1,128	89.75	3.15	$3,553
Feb 2026	0	1,011	63.50	3.75	$3,792
Jan 2026	0	1,133	59.13	8.00	$9,062
Dec 2025	0	1,107	56.66	4.41	$4,886
Nov 2025	0	1,083	58.59	3.93	$4,252
Oct 2025	0	1,171	59.38	3.30	$3,870
Sep 2025	0	1,110	62.74	3.08	$3,415
Aug 2025	0	1,160	63.93	3.01	$3,497
Jul 2025	0	1,172	66.74	3.32	$3,885
Jun 2025	0	1,154	66.48	3.13	$3,611
May 2025	0	1,230	60.55	3.23	$3,976
Apr 2025	0	1,214	62.36	3.54	$4,301
Mar 2025	0	1,261	67.70	4.27	$5,382
Feb 2025	0	1,152	70.88	4.34	$5,001
Jan 2025	0	1,225	74.32	4.28	$5,241
Dec 2024	0	1,212	68.99	3.12	$3,783
Nov 2024	0	968	69.05	2.20	$2,128
Oct 2024	0	1,142	71.37	2.28	$2,605
Sep 2024	0	1,138	69.61	2.36	$2,691
Aug 2024	0	1,200	75.63	2.06	$2,476
Jul 2024	0	1,228	79.93	2.15	$2,636
Jun 2024	0	1,234	78.08	2.63	$3,250
May 2024	0	1,211	78.81	2.20	$2,662
Apr 2024	0	1,196	84.45	1.66	$1,984
Mar 2024	0	1,205	80.30	1.55	$1,862
Feb 2024	0	1,135	76.09	1.78	$2,024
Jan 2024	0	1,183	73.02	3.30	$3,901
Dec 2023	0	1,194	71.26	2.61	$3,117
Nov 2023	0	1,176	77.89	2.81	$3,302
Oct 2023	0	1,236	85.44	3.09	$3,816
Sep 2023	0	1,241	89.04	2.74	$3,394
Aug 2023	0	1,320	80.52	2.67	$3,528
Jul 2023	0	1,333	74.85	2.64	$3,522
Jun 2023	0	1,307	68.96	2.26	$2,952
May 2023	0	1,299	70.62	2.23	$2,893
Apr 2023	0	1,401	78.12	2.24	$3,135
Mar 2023	0	1,455	72.85	2.39	$3,482
Feb 2023	0	1,306	75.11	2.47	$3,220
Jan 2023	0	1,461	76.53	3.39	$4,949
Dec 2022	0	1,433	76.41	5.73	$8,210
Nov 2022	0	1,327	85.00	5.65	$7,493
Oct 2022	0	1,413	87.18	5.86	$8,285
Sep 2022	0	1,332	84.88	8.16	$10,874
Aug 2022	0	1,447	94.52	9.13	$13,207
Jul 2022	0	1,461	101.58	7.54	$11,019
Jun 2022	0	1,409	115.09	7.98	$11,240
May 2022	0	1,485	109.37	8.43	$12,523
Apr 2022	0	1,450	104.22	6.84	$9,915
Mar 2022	0	1,513	108.88	5.08	$7,681
Feb 2022	0	1,396	91.05	4.86	$6,783
Jan 2022	0	1,592	81.84	4.54	$7,224
Dec 2021	0	1,659	71.32	3.90	$6,469
Nov 2021	0	1,376	77.43	5.24	$7,206
Oct 2021	0	1,330	79.79	5.71	$7,599
Sep 2021	0	1,321	69.86	5.35	$7,069
Aug 2021	0	1,460	66.02	4.22	$6,162
Jul 2021	0	1,450	70.78	3.98	$5,774
Jun 2021	0	1,465	69.49	3.38	$4,953
May 2021	0	1,503	63.48	3.02	$4,536
Apr 2021	0	1,451	60.36	2.76	$4,002
Mar 2021	0	1,522	61.30	2.72	$4,135
Feb 2021	0	1,321	57.80	5.55	$7,329
Jan 2021	0	1,501	50.41	2.81	$4,218
Dec 2020	0	1,357	44.64	2.68	$3,631
Nov 2020	0	1,451	38.77	2.71	$3,927
Oct 2020	0	1,693	36.97	2.48	$4,196
Sep 2020	0	1,042	37.09	1.99	$2,075
Aug 2020	0	1,532	39.98	2.39	$3,654
Jul 2020	0	1,547	38.37	1.83	$2,823
Jun 2020	0	1,496	34.90	1.69	$2,529
May 2020	0	1,549	16.92	1.81	$2,811
Apr 2020	0	1,521	14.75	1.80	$2,744
Mar 2020	0	1,572	30.34	1.86	$2,918
Feb 2020	0	1,386	49.88	1.98	$2,745
Jan 2020	0	1,532	57.25	2.09	$3,209
Dec 2019	0	1,523	59.01	2.30	$3,510
Nov 2019	0	1,438	55.30	2.75	$3,956
Oct 2019	0	1,454	53.47	2.42	$3,517
Sep 2019	0	1,461	55.05	2.66	$3,882
Aug 2019	0	1,550	53.11	2.30	$3,572
Jul 2019	0	1,431	56.27	2.46	$3,520
Jun 2019	0	1,355	52.78	2.49	$3,376
May 2019	0	1,408	58.48	2.74	$3,858
Apr 2019	0	1,414	62.63	2.75	$3,889
Mar 2019	0	1,520	56.80	3.06	$4,654
Feb 2019	0	1,417	50.85	2.79	$3,957
Jan 2019	0	1,612	46.03	3.23	$5,204
Dec 2018	0	1,593	46.59	4.19	$6,667
Nov 2018	0	1,419	52.93	4.24	$6,013
Oct 2018	0	1,545	61.44	3.40	$5,250
Sep 2018	0	1,502	59.54	3.11	$4,668
Aug 2018	0	1,611	59.40	3.07	$4,940
Jul 2018	0	1,647	65.14	2.93	$4,829
Jun 2018	0	1,474	60.18	3.08	$4,535
May 2018	0	1,703	65.38	2.90	$4,940
Apr 2018	0	1,566	63.84	2.90	$4,543
Mar 2018	0	1,578	61.22	2.79	$4,398
Feb 2018	0	1,448	61.78	2.77	$4,005
Jan 2018	0	2,228	62.87	4.01	$8,933
Dec 2017	0	1,649	57.27	2.92	$4,818
Nov 2017	0	1,633	55.42	3.12	$5,092
Oct 2017	0	1,698	49.29	2.98	$5,066
Sep 2017	0	1,695	47.52	3.09	$5,233
Aug 2017	0	1,780	45.37	3.00	$5,348
Jul 2017	0	1,846	43.87	3.09	$5,699
Jun 2017	0	1,704	42.49	3.09	$5,261
May 2017	0	1,608	45.37	3.26	$5,248
Apr 2017	0	1,545	47.93	3.21	$4,962
Mar 2017	0	1,525	46.77	2.98	$4,550
Feb 2017	0	1,411	50.45	2.95	$4,166
Jan 2017	0	1,596	49.41	3.42	$5,456
Dec 2016	3	1,683	48.76	3.72	$6,412
Nov 2016	0	1,651	42.49	2.64	$4,366
Oct 2016	0	1,687	46.19	3.09	$5,213
Sep 2016	0	1,611	41.55	3.10	$4,995
Aug 2016	0	1,634	41.44	2.92	$4,778
Jul 2016	0	1,686	41.62	2.92	$4,930
Jun 2016	0	1,505	45.35	2.69	$4,042
May 2016	0	1,246	42.52	1.99	$2,481
Apr 2016	0	1,330	36.56	1.99	$2,648
Mar 2016	0	1,469	33.01	1.79	$2,635
Feb 2016	0	1,222	26.47	2.06	$2,522
Jan 2016	0	1,273	27.35	2.36	$3,010
Dec 2015	0	1,253	32.36	2.00	$2,508
Nov 2015	0	1,378	38.79	2.17	$2,987
Oct 2015	0	1,027	43.55	2.43	$2,492
Sep 2015	0	1,011	42.99	2.76	$2,789
Aug 2015	0	1,343	40.16	2.87	$3,858
Jul 2015	0	1,325	48.15	2.95	$3,902
Jun 2015	0	1,425	56.15	2.88	$4,108
May 2015	0	2,185	55.21	2.96	$6,458
Apr 2015	0	1,812	49.82	2.71	$4,904
Mar 2015	0	1,867	42.89	2.93	$5,479
Feb 2015	0	1,772	44.66	2.98	$5,274
Jan 2015	0	1,876	43.43	3.10	$5,817
Dec 2014	0	1,973	54.69	3.59	$7,086
Nov 2014	0	1,840	70.46	4.25	$7,823
Oct 2014	0	1,777	78.30	3.90	$6,932
Sep 2014	0	1,690	86.16	4.05	$6,837
Aug 2014	0	1,784	89.39	4.04	$7,199
Jul 2014	0	1,809	96.56	4.18	$7,561
Jun 2014	0	1,842	98.16	4.74	$8,725
May 2014	0	1,870	94.73	4.73	$8,839
Apr 2014	0	1,869	95.94	4.81	$8,988
Mar 2014	0	2,073	95.89	5.06	$10,483
Feb 2014	0	1,817	97.40	6.19	$11,251
Jan 2014	0	1,429	90.40	4.86	$6,946
Dec 2013	0	1,838	91.82	4.35	$8,004
Nov 2013	0	1,872	88.85	3.74	$6,998
Oct 2013	13	1,639	97.42	3.78	$7,461
Sep 2013	0	1,938	104.11	3.72	$7,205
Aug 2013	0	2,009	104.25	3.52	$7,077
Jul 2013	0	1,981	102.52	3.72	$7,365
Jun 2013	0	2,006	94.40	3.93	$7,890
May 2013	0	2,089	94.83	4.15	$8,667
Apr 2013	0	1,918	93.96	4.28	$8,214
Mar 2013	0	1,969	93.62	3.91	$7,704
Feb 2013	0	1,842	91.23	3.42	$6,299
Jan 2013	0	1,887	91.60	3.42	$6,453
Dec 2012	0	1,984	86.77	3.42	$6,786
Nov 2012	0	2,059	86.95	3.62	$7,464
Oct 2012	0	1,952	89.38	3.40	$6,636
Sep 2012	0	2,108	94.67	2.92	$6,152
Aug 2012	0	2,195	92.66	2.91	$6,383
Jul 2012	0	1,999	85.13	3.02	$6,039
Jun 2012	0	2,085	79.82	2.52	$5,252
May 2012	0	2,256	91.61	2.49	$5,614
Apr 2012	0	2,260	101.65	2.00	$4,513
Mar 2012	0	1,753	105.05	2.22	$3,895
Feb 2012	0	2,027	101.10	2.57	$5,210
Jan 2012	0	2,049	98.09	2.73	$5,602
Dec 2011	0	2,067	96.87	3.24	$6,697
Nov 2011	0	1,983	95.72	3.31	$6,566
Oct 2011	0	2,200	84.98	3.65	$8,027
Sep 2011	0	2,154	83.62	3.99	$8,585
Aug 2011	0	2,150	83.40	4.15	$8,921
Jul 2011	0	2,210	94.14	4.52	$9,983
Jun 2011	0	2,215	92.90	4.64	$10,277
May 2011	0	2,325	98.13	4.40	$10,241
Apr 2011	0	2,099	105.96	4.33	$9,096
Mar 2011	0	2,366	96.36	4.06	$9,600
Feb 2011	0	2,347	85.64	4.18	$9,810
Jan 2011	0	1,965	86.50	4.59	$9,017
Dec 2010	0	2,257	85.73	4.35	$9,813
Nov 2010	0	2,165	80.84	3.80	$8,217
Oct 2010	0	2,299	78.10	3.51	$8,067
Sep 2010	0	2,323	72.63	3.98	$9,244
Aug 2010	0	2,429	73.68	4.42	$10,735
Jul 2010	0	2,612	72.55	4.74	$12,372
Jun 2010	0	2,049	70.36	4.91	$10,061
May 2010	0	2,658	71.12	4.24	$11,257
Apr 2010	0	2,351	81.69	4.12	$9,692
Mar 2010	0	2,165	78.39	4.39	$9,501
Feb 2010	0	2,094	73.58	5.44	$11,396
Jan 2010	0	2,453	74.36	5.96	$14,630
Dec 2009	0	2,484	71.44	5.48	$13,622
Nov 2009	0	2,422	74.59	3.75	$9,086
Oct 2009	0	2,468	72.54	4.11	$10,144
Sep 2009	0	2,466	65.54	3.06	$7,558
Aug 2009	0	2,582	67.42	3.22	$8,310
Jul 2009	0	2,616	61.13	3.46	$9,063
Jun 2009	0	2,542	66.16	3.90	$9,901
May 2009	0	2,687	54.74	3.93	$10,548
Apr 2009	0	2,677	46.77	3.59	$9,604
Mar 2009	0	2,476	42.14	4.06	$10,050
Feb 2009	0	2,203	32.81	4.63	$10,207
Jan 2009	0	2,523	35.86	5.37	$13,551
Dec 2008	0	2,591	37.10	5.98	$15,487
Nov 2008	0	2,665	55.49	6.86	$18,283
Oct 2008	0	2,778	75.24	6.92	$19,229
Sep 2008	0	2,600	101.76	7.88	$20,480
Aug 2008	0	2,851	114.22	8.48	$24,185
Jul 2008	0	2,599	131.08	11.39	$29,601
Jun 2008	0	2,715	131.33	13.03	$35,384
May 2008	0	2,862	123.17	11.57	$33,126
Apr 2008	0	2,943	110.31	10.45	$30,769
Mar 2008	0	3,126	101.90	9.66	$30,210
Feb 2008	0	2,519	92.53	8.77	$22,093
Jan 2008	0	2,666	90.38	8.21	$21,876
Dec 2007	0	3,082	88.33	7.30	$22,505
Nov 2007	0	3,117	91.67	7.29	$22,728
Oct 2007	0	3,234	82.85	6.92	$22,386
Sep 2007	0	3,477	75.84	6.24	$21,711
Aug 2007	0	2,783	69.06	6.39	$17,778
Jul 2007	0	2,465	70.90	6.39	$15,746
Jun 2007	0	3,031	62.00	7.55	$22,879
May 2007	0	2,970	58.74	7.85	$23,303
Apr 2007	0	2,615	59.61	7.81	$20,411
Mar 2007	0	3,503	56.92	7.30	$25,579
Feb 2007	0	3,139	55.10	8.22	$25,790
Jan 2007	0	3,529	50.30	6.73	$23,739
Dec 2006	0	3,701	56.65	6.92	$25,605
Nov 2006	0	2,978	54.20	7.62	$22,685
Oct 2006	0	2,896	54.90	6.01	$17,416
Sep 2006	0	3,440	60.08	5.04	$17,328
Aug 2006	0	4,024	68.71	7.34	$29,536
Jul 2006	0	3,153	69.37	6.34	$19,999
Jun 2006	0	3,635	66.28	6.38	$23,205
May 2006	0	3,951	66.01	6.42	$25,385
Apr 2006	24	3,975	64.39	7.36	$30,803
Mar 2006	0	4,555	56.70	7.08	$32,263
Feb 2006	0	4,768	57.59	7.75	$36,957
Jan 2006	0	3,243	60.59	8.93	$28,971
Dec 2005	0	7,920	54.94	13.42	$106,250
Nov 2005	0	4,127	54.69	10.59	$43,698
Oct 2005	6	0	58.34	13.80	$350
Sep 2005	0	185	61.45	12.08	$2,235
Aug 2005	20	2,770	61.51	9.80	$28,367
Jul 2005	0	6,363	55.69	7.84	$49,909
Jun 2005	0	3,285	52.33	7.38	$24,247
May 2005	0	4,237	45.22	6.65	$28,181
Apr 2005	0	3,390	49.20	7.36	$24,952
Mar 2005	0	4,673	50.37	7.15	$33,435
Feb 2005	0	4,129	45.22	6.31	$26,062
Jan 2005	0	4,905	43.16	6.32	$31,010
Dec 2004	0	5,817	39.86	6.75	$39,271
Nov 2004	0	5,112	45.28	6.33	$32,361
Oct 2004	0	5,347	49.70	6.52	$34,836
Sep 2004	0	5,415	43.24	5.28	$28,612
Aug 2004	16	5,779	42.37	5.55	$32,755
Jul 2004	0	6,072	38.28	6.08	$36,943
Jun 2004	0	6,447	36.10	6.43	$41,474
May 2004	0	7,054	37.48	6.49	$45,813
Apr 2004	0	7,516	34.47	5.86	$44,032
Mar 2004	0	8,691	34.36	5.53	$48,062
Feb 2004	0	9,459	32.45	5.51	$52,116
Jan 2004	0	10,234	32.03	6.30	$64,471
Dec 2003	0	12,378	30.26	6.30	$78,002
Nov 2003	0	12,519	28.80	4.60	$57,527
Oct 2003	0	18,770	28.17	4.76	$89,338
Sep 2003	0	21,911	26.31	4.75	$104,063
Aug 2003	0	16,638	29.76	5.13	$85,348

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                1,124 Mcf  × $  3.05 =     $3,424

────────────────────────────────────────────────────
Month total                                   $3,424

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/197113 is the state's own key, not one this site invented.