MARTINEZ, MERCURIO G.U.

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 207004District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.7 M
Dec 2004 – May 2026
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
258
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 Gas112007-12-13172418
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
CondensateDisposition3,554 bbl$204,264
GasProduction1,326,582 Mcf$8,502,702
Total$8,706,967

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 27.2714, -99.4247. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.27139, -99.42472 · 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
7,350 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 7,350 ft.

Completions filed
Dec 2004
1 of 1 wells

1 well

42-5053504857,350 ftDec 2004

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 (258)

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

258 months

May 202601,272106.413.05$3,874
Apr 2026095698.932.87$2,743
Mar 202601,07089.753.15$3,370
Feb 2026098763.503.75$3,702
Jan 202601,09759.138.00$8,774
Dec 2025098256.664.41$4,334
Nov 202501,13758.593.93$4,464
Oct 2025092959.383.30$3,070
Sep 2025096462.743.08$2,966
Aug 202501,05963.933.01$3,193
Jul 202501,20766.743.32$4,001
Jun 202501,34766.483.13$4,214
May 202501,13860.553.23$3,678
Apr 2025090862.363.54$3,217
Mar 2025090967.704.27$3,880
Feb 2025097770.884.34$4,241
Jan 2025099574.324.28$4,257
Dec 2024071268.993.12$2,222
Nov 2024087569.052.20$1,924
Oct 202401,09271.372.28$2,491
Sep 2024087669.612.36$2,071
Aug 2024093675.632.06$1,932
Jul 2024073479.932.15$1,576
Jun 2024079178.082.63$2,083
May 2024086978.812.20$1,910
Apr 2024076684.451.66$1,271
Mar 2024088480.301.55$1,366
Feb 2024082076.091.78$1,463
Jan 2024099473.023.30$3,278
Dec 202301,07871.262.61$2,814
Nov 202301,06977.892.81$3,001
Oct 2023096685.443.09$2,982
Sep 2023087289.042.74$2,385
Aug 202301,06180.522.67$2,836
Jul 2023084474.852.64$2,230
Jun 202301,10668.962.26$2,498
May 202301,26470.622.23$2,815
Apr 2023131,26778.122.24$3,851
Mar 202301,44972.852.39$3,468
Feb 202301,30575.112.47$3,218
Jan 202301,36176.533.39$4,611
Dec 202201,19576.415.73$6,846
Nov 2022069685.005.65$3,930
Oct 2022086987.185.86$5,096
Sep 202201,04484.888.16$8,523
Aug 202201,35894.529.13$12,395
Jul 202201,085101.587.54$8,183
Jun 202201,053115.097.98$8,400
May 202201,345109.378.43$11,342
Apr 202201,347104.226.84$9,210
Mar 202201,380108.885.08$7,005
Feb 202201,33591.054.86$6,487
Jan 202201,45681.844.54$6,607
Dec 202101,45771.323.90$5,681
Nov 202101,16177.435.24$6,080
Oct 202101,30179.795.71$7,434
Sep 202101,38269.865.35$7,395
Aug 202101,25966.024.22$5,314
Jul 202101,37770.783.98$5,483
Jun 202101,16369.493.38$3,932
May 202101,57263.483.02$4,744
Apr 202101,40160.362.76$3,865
Mar 202101,70361.302.72$4,627
Feb 202101,30057.805.55$7,212
Jan 202101,56850.412.81$4,407
Dec 202001,33144.642.68$3,561
Nov 202001,28938.772.71$3,489
Oct 202001,25336.972.48$3,105
Sep 202001,22737.091.99$2,443
Aug 202001,42439.982.39$3,396
Jul 2020091138.371.83$1,663
Jun 2020083534.901.69$1,411
May 2020080116.921.81$1,454
Apr 2020082814.751.80$1,494
Mar 2020084830.341.86$1,574
Feb 2020076549.881.98$1,515
Jan 2020094457.252.09$1,977
Dec 2019077559.012.30$1,786
Nov 2019055755.302.75$1,532
Oct 2019076253.472.42$1,843
Sep 2019899555.052.66$3,084
Aug 201901,07853.112.30$2,484
Jul 201901,22056.272.46$3,001
Jun 201901,43352.782.49$3,570
May 201901,78558.482.74$4,891
Apr 201901,31462.632.75$3,614
Mar 201901,48356.803.06$4,541
Feb 201901,56250.852.79$4,361
Jan 201901,53046.033.23$4,939
Dec 201801,65146.594.19$6,910
Nov 201801,61752.934.24$6,852
Oct 201801,65161.443.40$5,610
Sep 2018131,51059.543.11$5,467
Aug 201801,57359.403.07$4,824
Jul 201801,47465.142.93$4,322
Jun 201801,28060.183.08$3,938
May 201801,48865.382.90$4,316
Apr 201801,57363.842.90$4,563
Mar 201801,66261.222.79$4,632
Feb 201801,55261.782.77$4,293
Jan 201801,56462.874.01$6,271
Dec 201701,66857.272.92$4,873
Nov 201701,65255.423.12$5,152
Oct 201701,77149.292.98$5,284
Sep 201701,80047.523.09$5,557
Aug 201701,66745.373.00$5,008
Jul 201701,60843.873.09$4,964
Jun 201701,63642.493.09$5,051
May 201701,81345.373.26$5,917
Apr 201701,84447.933.21$5,922
Mar 201702,04746.772.98$6,108
Feb 201701,81750.452.95$5,365
Jan 201701,33549.413.42$4,564
Dec 2016141,34248.763.72$5,679
Nov 201601,74142.492.64$4,604
Oct 201601,75846.193.09$5,433
Sep 201601,77241.553.10$5,494
Aug 201601,96141.442.92$5,735
Jul 201601,70741.622.92$4,992
Jun 201601,56445.352.69$4,201
May 201601,90742.521.99$3,797
Apr 2016282,06536.561.99$5,135
Mar 201602,00833.011.79$3,602
Feb 201601,99126.472.06$4,109
Jan 201602,05927.352.36$4,868
Dec 201502,18732.362.00$4,377
Nov 201501,84138.792.17$3,990
Oct 201502,23243.552.43$5,416
Sep 201502,29142.992.76$6,320
Aug 201501,96440.162.87$5,642
Jul 201502,61048.152.95$7,687
Jun 201502,26456.152.88$6,527
May 201502,55155.212.96$7,539
Apr 201501,32349.822.71$3,581
Mar 201502,09342.892.93$6,142
Feb 201502,39444.662.98$7,125
Jan 201501,75643.433.10$5,445
Dec 201402,43754.693.59$8,752
Nov 2014223,01470.464.25$14,365
Oct 201401,62278.303.90$6,327
Sep 2014762,48986.164.05$16,617
Aug 201402,66189.394.04$10,737
Jul 201402,56996.564.18$10,737
Jun 201402,29298.164.74$10,857
May 201402,30094.734.73$10,871
Apr 201402,84495.944.81$13,677
Mar 201402,44995.895.06$12,384
Feb 201402,00997.406.19$12,440
Jan 201403,12090.404.86$15,165
Dec 201301,80791.824.35$7,869
Nov 201301,99388.853.74$7,450
Oct 201302,48297.423.78$9,380
Sep 201302,425104.113.72$9,016
Aug 201302,528104.253.52$8,905
Jul 201302,862102.523.72$10,640
Jun 201302,93994.403.93$11,560
May 201303,07294.834.15$12,746
Apr 201302,99693.964.28$12,831
Mar 201302,89193.623.91$11,312
Feb 2013872,98691.233.42$18,149
Jan 201302,83591.603.42$9,695
Dec 201203,14286.773.42$10,746
Nov 201203,17186.953.62$11,495
Oct 201203,42789.383.40$11,651
Sep 201203,47894.672.92$10,150
Aug 201203,39192.662.91$9,862
Jul 201203,32985.133.02$10,056
Jun 201203,54979.822.52$8,940
May 201203,67891.612.49$9,152
Apr 201204,264101.652.00$8,514
Mar 201203,858105.052.22$8,573
Feb 201202,814101.102.57$7,233
Jan 201203,58798.092.73$9,807
Dec 201102,97196.873.24$9,625
Nov 201102,97995.723.31$9,864
Oct 201103,81284.983.65$13,908
Sep 201103,17583.623.99$12,655
Aug 201103,76783.404.15$15,630
Jul 201103,44694.144.52$15,566
Jun 201104,07492.904.64$18,903
May 20111034,01798.134.40$27,802
Apr 201103,824105.964.33$16,570
Mar 201104,26596.364.06$17,305
Feb 201103,10985.644.18$12,996
Jan 201103,61286.504.59$16,575
Dec 201004,21085.734.35$18,304
Nov 201004,33680.843.80$16,457
Oct 201004,35278.103.51$15,271
Sep 2010784,97272.633.98$25,451
Aug 201005,13573.684.42$22,693
Jul 201005,88572.554.74$27,874
Jun 201002,33470.364.91$11,461
May 201005,24371.124.24$22,205
Apr 201003,90881.694.12$16,111
Mar 201005,29378.394.39$23,229
Feb 201003,45773.585.44$18,814
Jan 201005,01374.365.96$29,898
Dec 200904,90071.445.48$26,870
Nov 2009845,02074.593.75$25,098
Oct 200905,26972.544.11$21,657
Sep 200905,08565.543.06$15,584
Aug 200905,38567.423.22$17,332
Jul 200905,60161.133.46$19,405
Jun 200904,67966.163.90$18,225
May 200905,79854.743.93$22,762
Apr 2009925,74046.773.59$24,895
Mar 200906,04642.144.06$24,541
Feb 200904,85632.814.63$22,498
Jan 200905,56035.865.37$29,863
Dec 200806,28737.105.98$37,578
Nov 2008586,27755.496.86$46,281
Oct 200806,72775.246.92$46,564
Sep 200806,456101.767.88$50,854
Aug 200807,262114.228.48$61,604
Jul 200805,719131.0811.39$65,136
Jun 200806,639131.3313.03$86,524
May 200807,026123.1711.57$81,321
Apr 200807,007110.3110.45$73,257
Mar 200806,985101.909.66$67,504
Feb 20081196,54392.538.77$68,397
Jan 200806,74890.388.21$55,372
Dec 200707,82888.337.30$57,160
Nov 200707,89391.677.29$57,553
Oct 200706,98582.856.92$48,350
Sep 200707,51875.846.24$46,944
Aug 200708,11369.066.39$51,825
Jul 200708,45470.906.39$54,004
Jun 200708,95962.007.55$67,627
May 200709,73458.747.85$76,376
Apr 200708,83559.617.81$68,959
Mar 20077110,23156.927.30$78,748
Feb 200708,86155.108.22$72,802
Jan 200709,66750.306.73$65,028
Dec 2006010,96456.656.92$75,854
Nov 200608,13754.207.62$61,983
Oct 2006011,74654.906.01$70,638
Sep 2006012,49960.085.04$62,960
Aug 200616312,39768.717.34$102,193
Jul 2006012,54869.376.34$79,589
Jun 2006011,23266.286.38$71,704
May 200612313,85366.016.42$97,125
Apr 20069616,93164.397.36$130,802
Mar 2006017,19156.707.08$121,762
Feb 20064712,80157.597.75$101,929
Jan 2006014,11360.598.93$126,076
Dec 20057419,14254.9413.42$260,863
Nov 200515624,25154.6910.59$265,311
Oct 200517832,27758.3413.80$455,670
Sep 2005026,12561.4512.08$315,564
Aug 200516726,17461.519.80$266,695
Jul 200516727,41455.697.84$224,326
Jun 2005023,81952.337.38$175,809
May 200529527,10345.226.65$193,606
Apr 200516630,48949.207.36$232,581
Mar 200516836,71750.377.15$271,168
Feb 200533261,49945.226.31$403,190
Jan 2005538107,18543.166.32$700,865
Dec 20041896,46739.866.75$651,974

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                1,272 Mcf  × $  3.05 =     $3,874

────────────────────────────────────────────────────
Month total                                   $3,874

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/207004 is the state's own key, not one this site invented.