MARTIN, J.C.

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 212482District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Apr 2005 – May 2026
Value, last 12 filed months
$72 k
at the published price for each month
Months reported
254
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 Gas112006-01-17166841
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
CondensateDisposition4 bbl$245
GasProduction1,205,976 Mcf$7,136,585
Total$7,136,830

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 27.1214, -99.3570. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.12145, -99.35704 · 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
10,025 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 10,025 ft.

Completions filed
Apr 2005
1 of 1 wells

1 well

42-505352171810,025 ftApr 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 (254)

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

254 months

May 202601,634106.413.05$4,977
Apr 202601,50998.932.87$4,330
Mar 202601,58389.753.15$4,986
Feb 202601,49563.503.75$5,607
Jan 202601,60159.138.00$12,805
Dec 202501,58256.664.41$6,982
Nov 202511,60358.593.93$6,353
Oct 202501,69459.383.30$5,598
Sep 202501,54662.743.08$4,757
Aug 202501,60863.933.01$4,848
Jul 202501,62466.743.32$5,384
Jun 202501,59166.483.13$4,978
May 202501,71260.553.23$5,534
Apr 202501,60562.363.54$5,687
Mar 202501,70267.704.27$7,265
Feb 202511,53770.884.34$6,743
Jan 202501,68174.324.28$7,192
Dec 202401,65268.993.12$5,157
Nov 202401,71369.052.20$3,766
Oct 202401,81971.372.28$4,150
Sep 202401,69669.612.36$4,010
Aug 202401,67875.632.06$3,463
Jul 202401,70179.932.15$3,651
Jun 202401,63778.082.63$4,312
May 202401,67478.812.20$3,680
Apr 202401,69484.451.66$2,811
Mar 202401,72380.301.55$2,662
Feb 202401,58476.091.78$2,825
Jan 202401,50373.023.30$4,956
Dec 202301,78371.262.61$4,655
Nov 202301,76277.892.81$4,947
Oct 202301,78585.443.09$5,511
Sep 202301,80989.042.74$4,948
Aug 202301,94880.522.67$5,207
Jul 202301,99774.852.64$5,276
Jun 202301,60768.962.26$3,629
May 202301,57970.622.23$3,517
Apr 202301,90078.122.24$4,252
Mar 202301,95972.852.39$4,688
Feb 202301,79675.112.47$4,428
Jan 202302,05176.533.39$6,948
Dec 202202,06376.415.73$11,819
Nov 202202,01385.005.65$11,366
Oct 202202,00387.185.86$11,745
Sep 202201,97484.888.16$16,115
Aug 202202,11994.529.13$19,340
Jul 202202,067101.587.54$15,589
Jun 202201,851115.097.98$14,766
May 202201,913109.378.43$16,132
Apr 202201,837104.226.84$12,561
Mar 202201,808108.885.08$9,178
Feb 202201,82191.054.86$8,848
Jan 202202,19581.844.54$9,960
Dec 202102,31171.323.90$9,011
Nov 202102,04877.435.24$10,725
Oct 202102,19079.795.71$12,513
Sep 202101,97569.865.35$10,568
Aug 202102,30466.024.22$9,724
Jul 202102,54570.783.98$10,134
Jun 202102,33469.493.38$7,890
May 202102,82063.483.02$8,510
Apr 202102,67560.362.76$7,379
Mar 202101,68161.302.72$4,567
Feb 202101,47057.805.55$8,155
Jan 202101,67650.412.81$4,710
Dec 202001,64544.642.68$4,401
Nov 202001,58638.772.71$4,293
Oct 202001,71836.972.48$4,258
Sep 202001,65637.091.99$3,297
Aug 202001,78739.982.39$4,262
Jul 202001,82238.371.83$3,325
Jun 202001,79934.901.69$3,041
May 202001,86916.921.81$3,392
Apr 202001,81614.751.80$3,277
Mar 202001,89030.341.86$3,508
Feb 202001,74249.881.98$3,450
Jan 202001,84657.252.09$3,867
Dec 201901,84659.012.30$4,254
Nov 201901,81355.302.75$4,987
Oct 201901,93453.472.42$4,677
Sep 201911,89855.052.66$5,099
Aug 201902,06753.112.30$4,763
Jul 201902,05856.272.46$5,063
Jun 201902,26252.782.49$5,635
May 201902,44458.482.74$6,697
Apr 201902,15762.632.75$5,933
Mar 201902,19656.803.06$6,724
Feb 201901,91850.852.79$5,355
Jan 201902,01246.033.23$6,495
Dec 201801,90246.594.19$7,961
Nov 201801,74252.934.24$7,381
Oct 201801,95461.443.40$6,640
Sep 201802,13859.543.11$6,645
Aug 201801,73959.403.07$5,333
Jul 201801,92965.142.93$5,656
Jun 201811,96360.183.08$6,100
May 201802,16065.382.90$6,266
Apr 201802,15363.842.90$6,245
Mar 201802,16061.222.79$6,020
Feb 201802,06661.782.77$5,715
Jan 201802,07362.874.01$8,311
Dec 201702,10457.272.92$6,147
Nov 201702,07155.423.12$6,458
Oct 201702,18249.292.98$6,510
Sep 201702,02547.523.09$6,252
Aug 201702,35545.373.00$7,075
Jul 201702,42743.873.09$7,493
Jun 201702,48242.493.09$7,663
May 201702,85045.373.26$9,301
Apr 201702,82447.933.21$9,070
Mar 201703,45346.772.98$10,303
Feb 201702,54650.452.95$7,517
Jan 201702,13049.413.42$7,282
Dec 201602,04348.763.72$7,606
Nov 201601,99942.492.64$5,286
Oct 201602,16146.193.09$6,678
Sep 201602,33441.553.10$7,237
Aug 201602,37941.442.92$6,957
Jul 201602,82541.622.92$8,261
Jun 201603,07345.352.69$8,254
May 201603,07042.521.99$6,112
Apr 201602,72136.561.99$5,418
Mar 201602,70833.011.79$4,858
Feb 201602,08826.472.06$4,309
Jan 201602,31827.352.36$5,481
Dec 201502,41032.362.00$4,823
Nov 201502,84038.792.17$6,155
Oct 201502,92343.552.43$7,093
Sep 201502,85842.992.76$7,884
Aug 201502,97640.162.87$8,549
Jul 201503,03148.152.95$8,927
Jun 201502,88456.152.88$8,314
May 201503,03855.212.96$8,979
Apr 201503,00349.822.71$8,128
Mar 201502,92342.892.93$8,578
Feb 201502,84344.662.98$8,461
Jan 201503,03843.433.10$9,420
Dec 201403,17354.693.59$11,395
Nov 201403,08870.464.25$13,130
Oct 201403,23478.303.90$12,616
Sep 201403,21586.164.05$13,006
Aug 201402,62189.394.04$10,576
Jul 201403,18896.564.18$13,325
Jun 201403,33798.164.74$15,807
May 201403,06394.734.73$14,477
Apr 201403,15795.944.81$15,182
Mar 201403,10595.895.06$15,701
Feb 201402,33197.406.19$14,434
Jan 201403,02890.404.86$14,718
Dec 201303,59791.824.35$15,663
Nov 201302,93688.853.74$10,976
Oct 201303,42397.423.78$12,937
Sep 201303,330104.113.72$12,380
Aug 201303,472104.253.52$12,231
Jul 201303,444102.523.72$12,804
Jun 201303,31694.403.93$13,043
May 201303,56694.834.15$14,796
Apr 201303,40693.964.28$14,587
Mar 201303,00293.623.91$11,746
Feb 201302,71091.233.42$9,268
Jan 201303,18091.603.42$10,875
Dec 201203,55986.773.42$12,172
Nov 201203,60086.953.62$13,050
Oct 201203,78589.383.40$12,868
Sep 201203,73794.672.92$10,906
Aug 201204,00392.662.91$11,641
Jul 201203,39685.133.02$10,259
Jun 201203,59479.822.52$9,053
May 201203,71991.612.49$9,254
Apr 201203,732101.652.00$7,452
Mar 201203,941105.052.22$8,757
Feb 201203,744101.102.57$9,623
Jan 201204,13198.092.73$11,294
Dec 201103,82896.873.24$12,402
Nov 201103,92995.723.31$13,010
Oct 201104,14184.983.65$15,109
Sep 201104,04183.623.99$16,107
Aug 201104,21683.404.15$17,494
Jul 201104,36394.144.52$19,709
Jun 201104,14892.904.64$19,246
May 201103,89798.134.40$17,166
Apr 201104,180105.964.33$18,113
Mar 201104,38696.364.06$17,795
Feb 201103,99885.644.18$16,712
Jan 201104,41986.504.59$20,278
Dec 201004,54585.734.35$19,761
Nov 201004,33080.843.80$16,434
Oct 201004,67478.103.51$16,401
Sep 201004,55872.633.98$18,138
Aug 201004,83473.684.42$21,363
Jul 201004,83472.554.74$22,896
Jun 201004,74370.364.91$23,290
May 201005,08971.124.24$21,553
Apr 201005,00481.694.12$20,630
Mar 201005,08078.394.39$22,294
Feb 201004,23573.585.44$23,048
Jan 201005,17974.365.96$30,888
Dec 200905,56871.445.48$30,534
Nov 200904,36674.593.75$16,379
Oct 200905,39172.544.11$22,158
Sep 200905,51865.543.06$16,911
Aug 200905,59567.423.22$18,008
Jul 200905,24461.133.46$18,168
Jun 200905,35066.163.90$20,838
May 200905,65754.743.93$22,208
Apr 200905,52746.773.59$19,828
Mar 200906,01042.144.06$24,395
Feb 200905,66232.814.63$26,232
Jan 200906,12935.865.37$32,919
Dec 200806,00237.105.98$35,875
Nov 200805,71655.496.86$39,214
Oct 200806,32275.246.92$43,761
Sep 200806,724101.767.88$52,966
Aug 200806,011114.228.48$50,991
Jul 200806,710131.0811.39$76,423
Jun 200806,732131.3313.03$87,736
May 200806,969123.1711.57$80,661
Apr 200806,990110.3110.45$73,079
Mar 200807,350101.909.66$71,031
Feb 200807,22092.538.77$63,324
Jan 200807,78190.388.21$63,849
Dec 200707,71188.337.30$56,305
Nov 200708,21991.677.29$59,930
Oct 200709,05582.856.92$62,679
Sep 200707,55775.846.24$47,187
Aug 200708,02269.066.39$51,244
Jul 200708,00770.906.39$51,148
Jun 200708,66762.007.55$65,422
May 200709,70758.747.85$76,164
Apr 200709,92959.617.81$77,498
Mar 2007011,67756.927.30$85,265
Feb 200708,02555.108.22$65,933
Jan 200708,83450.306.73$59,425
Dec 200607,49856.656.92$51,874
Nov 2006010,56054.207.62$80,441
Oct 2006011,49954.906.01$69,153
Sep 2006011,62960.085.04$58,578
Aug 2006012,74368.717.34$93,533
Jul 2006013,41169.376.34$85,063
Jun 2006013,97666.286.38$89,221
May 2006015,38366.016.42$98,836
Apr 2006016,02164.397.36$117,922
Mar 2006020,44456.707.08$144,803
Feb 2006020,11457.597.75$155,906
Jan 2006013,97660.598.93$124,852
Dec 2005014,84454.9413.42$199,138
Nov 2005015,24054.6910.59$161,367
Oct 2005015,85958.3413.80$218,787
Sep 2005018,90361.4512.08$228,329
Aug 2005024,72361.519.80$242,207
Jul 2005031,91655.697.84$250,338
Jun 2005048,70052.337.38$359,457
May 2005088,87445.226.65$591,115
Apr 2005017,45049.207.36$128,440

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                1,634 Mcf  × $  3.05 =     $4,977

────────────────────────────────────────────────────
Month total                                   $4,977

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/212482 is the state's own key, not one this site invented.