MARTINEZ ET AL

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

Gas lease lease 206648District 04Field 298012532 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.6 M
Nov 2004 – May 2026
Value, last 12 filed months
$83 k
at the published price for each month
Months reported
259
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 243 leases and 243 wells, and the rule below applies to all of them.

Discovered
2004-09-01
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 Gas112005-05-18161375
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
CondensateDisposition3,406 bbl$205,844
GasProduction2,608,977 Mcf$17,351,458
Total$17,557,302

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 26.9688, -99.2722. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.96885, -99.27224 · 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
11,000 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 11,000 ft.

Completions filed
May 2005
1 of 1 wells

1 well

42-50535109111,000 ftMay 2005

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 (259)

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

259 months

May 202601,759106.413.05$5,358
Apr 202601,92898.932.87$5,533
Mar 202601,72489.753.15$5,430
Feb 202601,94163.503.75$7,279
Jan 202601,78659.138.00$14,284
Dec 202501,81256.664.41$7,997
Nov 202501,70258.593.93$6,683
Oct 202501,99659.383.30$6,596
Sep 202502,18562.743.08$6,723
Aug 202501,84163.933.01$5,550
Jul 202502,07266.743.32$6,869
Jun 202501,65966.483.13$5,191
May 202501,94060.553.23$6,271
Apr 202501,80662.363.54$6,399
Mar 202501,89967.704.27$8,106
Feb 202501,86870.884.34$8,109
Jan 202501,77774.324.28$7,603
Dec 202402,13468.993.12$6,661
Nov 202402,02669.052.20$4,454
Oct 202401,97671.372.28$4,508
Sep 202401,96169.612.36$4,637
Aug 202402,47475.632.06$5,105
Jul 202402,64579.932.15$5,678
Jun 202402,33478.082.63$6,148
May 202402,28678.812.20$5,026
Apr 202402,36484.451.66$3,922
Mar 202402,20780.301.55$3,410
Feb 202402,17676.091.78$3,881
Jan 202402,44573.023.30$8,063
Dec 202302,64071.262.61$6,892
Nov 202302,17977.892.81$6,118
Oct 202302,28485.443.09$7,051
Sep 202302,07689.042.74$5,678
Aug 202302,20880.522.67$5,902
Jul 202302,12074.852.64$5,601
Jun 202302,15468.962.26$4,865
May 202301,82370.622.23$4,061
Apr 202301,92278.122.24$4,301
Mar 202302,11772.852.39$5,066
Feb 202301,73175.112.47$4,268
Jan 202302,09876.533.39$7,107
Dec 202202,42876.415.73$13,910
Nov 202202,74785.005.65$15,510
Oct 202202,79687.185.86$16,395
Sep 202203,04484.888.16$24,850
Aug 202202,42794.529.13$22,152
Jul 202202,096101.587.54$15,808
Jun 202202,431115.097.98$19,393
May 202202,023109.378.43$17,060
Apr 202202,180104.226.84$14,906
Mar 202202,646108.885.08$13,432
Feb 202202,01491.054.86$9,786
Jan 202202,45181.844.54$11,122
Dec 202102,27171.323.90$8,855
Nov 202102,34977.435.24$12,301
Oct 202102,53979.795.71$14,508
Sep 202102,45569.865.35$13,137
Aug 202102,50166.024.22$10,556
Jul 202102,69270.783.98$10,720
Jun 202102,59469.493.38$8,769
May 202102,68563.483.02$8,102
Apr 202102,95060.362.76$8,137
Mar 202102,01061.302.72$5,461
Feb 202102,35157.805.55$13,043
Jan 202102,69950.412.81$7,585
Dec 202003,15644.642.68$8,444
Nov 202001,89238.772.71$5,121
Oct 202002,42636.972.48$6,013
Sep 202002,61337.091.99$5,203
Aug 202002,94439.982.39$7,022
Jul 202002,92238.371.83$5,333
Jun 202002,69034.901.69$4,547
May 202002,37516.921.81$4,310
Apr 202002,21214.751.80$3,991
Mar 202002,77130.341.86$5,144
Feb 202002,56849.881.98$5,086
Jan 202002,60957.252.09$5,465
Dec 201902,30159.012.30$5,302
Nov 201902,25355.302.75$6,197
Oct 201902,23953.472.42$5,415
Sep 201902,61955.052.66$6,959
Aug 201902,16853.112.30$4,996
Jul 201902,72456.272.46$6,701
Jun 201902,51152.782.49$6,255
May 201902,67658.482.74$7,333
Apr 201902,61162.632.75$7,182
Mar 201902,79556.803.06$8,559
Feb 201902,45950.852.79$6,866
Jan 201902,35346.033.23$7,596
Dec 201802,15746.594.19$9,028
Nov 201802,28152.934.24$9,665
Oct 201802,47361.443.40$8,403
Sep 201802,43359.543.11$7,562
Aug 201802,37459.403.07$7,280
Jul 201802,43565.142.93$7,139
Jun 201802,39860.183.08$7,378
May 201802,46165.382.90$7,139
Apr 201802,59963.842.90$7,539
Mar 201802,73261.222.79$7,614
Feb 201802,55261.782.77$7,059
Jan 201803,09162.874.01$12,393
Dec 201702,73057.272.92$7,976
Nov 201702,92855.423.12$9,131
Oct 201703,02249.292.98$9,017
Sep 201703,03847.523.09$9,379
Aug 201703,08245.373.00$9,260
Jul 201703,13443.873.09$9,676
Jun 201703,09642.493.09$9,558
May 201703,32745.373.26$10,857
Apr 201703,19647.933.21$10,264
Mar 201703,27446.772.98$9,769
Feb 201703,07350.452.95$9,073
Jan 201703,33249.413.42$11,391
Dec 201603,26848.763.72$12,166
Nov 201603,26542.492.64$8,634
Oct 201603,44046.193.09$10,630
Sep 201603,36841.553.10$10,443
Aug 201603,52141.442.92$10,297
Jul 201603,15641.622.92$9,229
Jun 201603,09245.352.69$8,305
May 201603,09642.521.99$6,164
Apr 201602,98936.561.99$5,951
Mar 201603,41133.011.79$6,119
Feb 201603,54426.472.06$7,314
Jan 201603,30827.352.36$7,821
Dec 201503,86332.362.00$7,731
Nov 201503,69038.792.17$7,997
Oct 201503,98943.552.43$9,680
Sep 201503,98142.992.76$10,981
Aug 201504,66440.162.87$13,397
Jul 201504,45248.152.95$13,112
Jun 201503,95756.152.88$11,407
May 201504,21855.212.96$12,466
Apr 201503,32149.822.71$8,989
Mar 201504,41042.892.93$12,942
Feb 201503,78644.662.98$11,268
Jan 201504,64243.433.10$14,393
Dec 201405,17854.693.59$18,596
Nov 201403,64570.464.25$15,498
Oct 2014055578.303.90$2,165
Sep 20141754286.164.05$3,657
Aug 201403,68289.394.04$14,857
Jul 201403,73796.564.18$15,619
Jun 201403,47598.164.74$16,461
May 201403,94094.734.73$18,623
Apr 201403,86295.944.81$18,573
Mar 201403,76695.895.06$19,044
Feb 201473,79197.406.19$24,156
Jan 201404,19090.404.86$20,366
Dec 201304,33491.824.35$18,872
Nov 201304,24788.853.74$15,876
Oct 2013665,56997.423.78$27,477
Sep 20130785104.113.72$2,918
Aug 201302,376104.253.52$8,370
Jul 201314,293102.523.72$16,063
Jun 201304,83294.403.93$19,006
May 201304,01894.834.15$16,671
Apr 201304,03893.964.28$17,293
Mar 2013114,37593.623.91$18,149
Feb 201304,08591.233.42$13,970
Jan 201304,53391.603.42$15,502
Dec 201204,04186.773.42$13,821
Nov 201204,81486.953.62$17,451
Oct 201204,82189.383.40$16,390
Sep 201204,71694.672.92$13,763
Aug 201204,94692.662.91$14,384
Jul 201204,92785.133.02$14,883
Jun 201205,19479.822.52$13,084
May 201206,03691.612.49$15,020
Apr 201206,069101.652.00$12,119
Mar 2012103,972105.052.22$9,877
Feb 201204,214101.102.57$10,831
Jan 201215,73998.092.73$15,789
Dec 201105,71496.873.24$18,512
Nov 201106,12695.723.31$20,285
Oct 201105,99784.983.65$21,880
Sep 201106,12083.623.99$24,393
Aug 201106,33783.404.15$26,294
Jul 201106,41994.144.52$28,996
Jun 2011116,92992.904.64$33,172
May 201106,75198.134.40$29,737
Apr 201106,687105.964.33$28,977
Mar 201107,09396.364.06$28,779
Feb 201106,98885.644.18$29,210
Jan 201107,31386.504.59$33,558
Dec 201007,72985.734.35$33,604
Nov 201006,41480.843.80$24,343
Oct 201007,41178.103.51$26,004
Sep 2010107,39672.633.98$30,158
Aug 201007,30073.684.42$32,261
Jul 201008,34472.554.74$39,521
Jun 201006,60370.364.91$32,423
May 201008,32771.124.24$35,267
Apr 201007,96781.694.12$32,845
Mar 2010107,98378.394.39$35,819
Feb 201006,73373.585.44$36,643
Jan 201018,49374.365.96$50,727
Dec 200917,90171.445.48$43,399
Nov 200907,76874.593.75$29,142
Oct 200908,02872.544.11$32,997
Sep 200908,67365.543.06$26,581
Aug 200909,16667.423.22$29,501
Jul 2009110,05661.133.46$34,900
Jun 200909,64066.163.90$37,548
May 200908,85854.743.93$34,774
Apr 200919,54446.773.59$34,286
Mar 2009110,48742.144.06$42,609
Feb 2009109,87032.814.63$46,056
Jan 2009011,77435.865.37$63,238
Dec 2008412,18137.105.98$72,956
Nov 2008211,33455.496.86$77,866
Oct 2008012,46775.246.92$86,296
Sep 2008012,496101.767.88$98,432
Aug 200818211,918114.228.48$121,889
Jul 2008013,829131.0811.39$157,504
Jun 2008013,249131.3313.03$172,669
May 2008813,820123.1711.57$160,942
Apr 2008013,518110.3110.45$141,329
Mar 2008013,984101.909.66$135,142
Feb 2008013,52692.538.77$118,631
Jan 2008015,52690.388.21$127,402
Dec 2007016,32888.337.30$119,227
Nov 2007016,51891.677.29$120,444
Oct 200717518,28982.856.92$141,095
Sep 2007017,63875.846.24$110,134
Aug 2007020,01069.066.39$127,823
Jul 2007020,84070.906.39$133,125
Jun 20071121,43262.007.55$162,460
May 200717224,11258.747.85$199,293
Apr 2007024,72559.617.81$192,984
Mar 2007028,03656.927.30$204,718
Feb 2007024,21855.108.22$198,975
Jan 200717126,14350.306.73$184,461
Dec 2006028,53956.656.92$197,445
Nov 2006828,90254.207.62$220,594
Oct 200617333,06154.906.01$208,320
Sep 2006031,92860.085.04$160,828
Aug 20061723,35768.717.34$172,607
Jul 200613024,72269.376.34$165,824
Jun 2006524,85966.286.38$159,028
May 200617528,77366.016.42$196,418
Apr 2006030,84264.397.36$227,012
Mar 200617037,25156.707.08$273,485
Feb 2006638,32557.597.75$297,407
Jan 200617946,75860.598.93$428,550
Dec 2005050,47754.9413.42$677,169
Nov 200518652,28654.6910.59$563,797
Oct 200518364,80158.3413.80$904,655
Sep 2005055,83461.4512.08$674,419
Aug 200517864,65261.519.80$644,334
Jul 2005071,25855.697.84$558,922
Jun 2005168,86452.337.38$508,340
May 2005161,33845.226.65$408,014
Apr 200517675,84649.207.36$566,922
Mar 200524093,83950.377.15$683,496
Feb 2005236101,36745.226.31$650,492
Jan 2005458147,46543.166.32$952,071
Dec 20040102,31239.866.75$690,717
Nov 2004016,91845.286.33$107,098

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                1,759 Mcf  × $  3.05 =     $5,358

────────────────────────────────────────────────────
Month total                                   $5,358

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/206648 is the state's own key, not one this site invented.