MARTINEZ-RAMIREZ GAS UNIT

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

Gas lease lease 223505District 04Field 182962252 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.2 M
Mar 2006 – May 2026
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
243
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 264 leases and 264 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
0 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 2009-06-18.

The Commission's schedule remark for this field reads: SUSPENDED. OPERATORS ARE REQUIRED TO PERFORM ANNUAL G-10 TESTS.

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 Gas112007-01-26168523
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
CondensateDisposition635 bbl$40,122
GasProduction1,870,804 Mcf$10,182,920
Total$10,223,042

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 27.0238, -99.3658. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.02382, -99.36579 · 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
9,500 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 9,500 ft.

Completions filed
May 2006
1 of 1 wells

1 well

42-5053546629,500 ftMay 2006

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 (243)

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

243 months

May 20260612106.413.05$1,864
Apr 2026053698.932.87$1,538
Mar 2026065889.753.15$2,072
Feb 2026054163.503.75$2,029
Jan 2026049859.138.00$3,983
Dec 2025046656.664.41$2,057
Nov 202501,66658.593.93$6,541
Oct 2025054759.383.30$1,808
Sep 2025052262.743.08$1,606
Aug 2025058163.933.01$1,752
Jul 2025053866.743.32$1,784
Jun 2025097566.483.13$3,051
May 2025086460.553.23$2,793
Apr 2025052462.363.54$1,857
Mar 2025067667.704.27$2,885
Feb 20253440070.884.34$4,146
Jan 2025060174.324.28$2,571
Dec 2024054868.993.12$1,711
Nov 2024061569.052.20$1,352
Oct 2024063171.372.28$1,440
Sep 2024035569.612.36$839
Aug 2024045875.632.06$945
Jul 2024043079.932.15$923
Jun 2024039578.082.63$1,040
May 2024071678.812.20$1,574
Apr 2024081584.451.66$1,352
Mar 202401,30680.301.55$2,018
Feb 202402,18576.091.78$3,897
Jan 2024065773.023.30$2,167
Dec 2023077771.262.61$2,029
Nov 2023014277.892.81$399
Oct 2023029585.443.09$911
Sep 2023029589.042.74$807
Aug 2023059380.522.67$1,585
Jul 2023065974.852.64$1,741
Jun 2023057468.962.26$1,296
May 202302,34170.622.23$5,214
Apr 202303,75278.122.24$8,396
Mar 202302,88872.852.39$6,911
Feb 202303,05775.112.47$7,538
Jan 202304,88976.533.39$16,563
Dec 202206,37976.415.73$36,546
Nov 202206,65385.005.65$37,564
Oct 202205,87687.185.86$34,455
Sep 202204,13084.888.16$33,716
Aug 202205,13794.529.13$46,886
Jul 202203,475101.587.54$26,209
Jun 202203,197115.097.98$25,503
May 202203,555109.378.43$29,979
Apr 202201,833104.226.84$12,533
Mar 202203,562108.885.08$18,082
Feb 202201,22091.054.86$5,928
Jan 202201,65981.844.54$7,528
Dec 202102,24371.323.90$8,746
Nov 202103,13977.435.24$16,438
Oct 202104,90479.795.71$28,021
Sep 202105,16369.865.35$27,627
Aug 202104,42966.024.22$18,693
Jul 202104,24370.783.98$16,896
Jun 202104,18269.493.38$14,138
May 202104,98963.483.02$15,055
Apr 202105,16860.362.76$14,256
Mar 202105,44061.302.72$14,780
Feb 202104,24157.805.55$23,529
Jan 202104,77650.412.81$13,422
Dec 202004,51544.642.68$12,080
Nov 202004,23738.772.71$11,468
Oct 202004,41236.972.48$10,935
Sep 202004,25537.091.99$8,472
Aug 202004,20039.982.39$10,017
Jul 202004,22838.371.83$7,717
Jun 202004,22834.901.69$7,147
May 202004,49116.921.81$8,150
Apr 202004,38814.751.80$7,918
Mar 202004,56430.341.86$8,472
Feb 202004,08749.881.98$8,095
Jan 202004,45857.252.09$9,338
Dec 201904,62459.012.30$10,655
Nov 201904,44855.302.75$12,235
Oct 201904,32153.472.42$10,451
Sep 201903,30355.052.66$8,777
Aug 201904,69853.112.30$10,826
Jul 201905,53856.272.46$13,624
Jun 201905,09952.782.49$12,703
May 201905,42858.482.74$14,874
Apr 201905,95362.632.75$16,375
Mar 201903,82556.803.06$11,713
Feb 201905,11950.852.79$14,293
Jan 2019112,84146.033.23$9,678
Dec 201804,11346.594.19$17,215
Nov 2018233,74552.934.24$17,086
Oct 201803,46561.443.40$11,774
Sep 201804,30459.543.11$13,377
Aug 201804,40359.403.07$13,502
Jul 2018493,82565.142.93$14,406
Jun 201803,19360.183.08$9,825
May 201804,19565.382.90$12,169
Apr 201803,52863.842.90$10,234
Mar 201803,27561.222.79$9,127
Feb 201803,24661.782.77$8,979
Jan 201803,78262.874.01$15,163
Dec 201703,63857.272.92$10,628
Nov 201703,60855.423.12$11,251
Oct 201703,92149.292.98$11,699
Sep 201703,62747.523.09$11,198
Aug 201703,56545.373.00$10,711
Jul 201704,03443.873.09$12,454
Jun 201703,59942.493.09$11,111
May 201703,91845.373.26$12,786
Apr 201703,06547.933.21$9,844
Mar 201701,71646.772.98$5,120
Feb 201701,73850.452.95$5,132
Jan 201704,05749.413.42$13,870
Dec 201603,92448.763.72$14,608
Nov 201603,73542.492.64$9,877
Oct 201604,41846.193.09$13,653
Sep 201604,41841.553.10$13,699
Aug 201603,49141.442.92$10,209
Jul 201603,30441.622.92$9,662
Jun 201603,53145.352.69$9,484
May 201604,58142.521.99$9,121
Apr 201604,78536.561.99$9,527
Mar 201603,00233.011.79$5,386
Feb 201603,14726.472.06$6,494
Jan 201604,47427.352.36$10,578
Dec 201505,39132.362.00$10,790
Nov 201504,13638.792.17$8,964
Oct 201503,26143.552.43$7,913
Sep 201503,71142.992.76$10,237
Aug 201503,31640.162.87$9,525
Jul 201504,24948.152.95$12,514
Jun 2015021656.152.88$623
May 201503,69255.212.96$10,912
Apr 201504,69849.822.71$12,715
Mar 201502,38842.892.93$7,008
Feb 201504,96144.662.98$14,765
Jan 2015564,98943.433.10$17,901
Dec 2014020054.693.59$718
Nov 201403,33470.464.25$14,176
Oct 201402,57878.303.90$10,057
Sep 201403,29586.164.05$13,330
Aug 201404,47989.394.04$18,073
Jul 201404,97796.564.18$20,802
Jun 201401,93398.164.74$9,156
May 201404,65494.734.73$21,997
Apr 201435,18395.944.81$25,213
Mar 201404,60795.895.06$23,297
Feb 201405,11697.406.19$31,678
Jan 201405,14590.404.86$25,008
Dec 201306,96491.824.35$30,325
Nov 2013172,79588.853.74$11,959
Oct 201303,84397.423.78$14,524
Sep 201304,944104.113.72$18,381
Aug 201306,416104.253.52$22,601
Jul 201306,022102.523.72$22,388
Jun 201301,64094.403.93$6,451
May 201304,76494.834.15$19,766
Apr 201305,08493.964.28$21,773
Mar 201302,21793.623.91$8,675
Feb 201304,26891.233.42$14,596
Jan 201304,93991.603.42$16,891
Dec 201206,46486.773.42$22,108
Nov 201206,48786.953.62$23,515
Oct 201207,27089.383.40$24,716
Sep 201206,61194.672.92$19,294
Aug 201206,96892.662.91$20,264
Jul 201207,49285.133.02$22,632
Jun 201207,23879.822.52$18,233
May 201207,56591.612.49$18,824
Apr 201207,258101.652.00$14,493
Mar 201207,399105.052.22$16,441
Feb 201207,212101.102.57$18,537
Jan 201208,07498.092.73$22,075
Dec 201105,90396.873.24$19,124
Nov 201107,26695.723.31$24,060
Oct 201108,15984.983.65$29,768
Sep 201107,83083.623.99$31,209
Aug 201108,31783.404.15$34,510
Jul 201108,15994.144.52$36,856
Jun 201108,19292.904.64$38,010
May 201108,11998.134.40$35,763
Apr 201108,004105.964.33$34,684
Mar 201108,50996.364.06$34,524
Feb 201107,65585.644.18$31,998
Jan 201108,64886.504.59$39,684
Dec 201008,94285.734.35$38,878
Nov 201008,62280.843.80$32,723
Oct 201008,87878.103.51$31,152
Sep 201009,12972.633.98$36,329
Aug 201009,56073.684.42$42,249
Jul 201009,61072.554.74$45,518
Jun 201009,46070.364.91$46,452
May 2010610,29871.124.24$44,041
Apr 2010310,18381.694.12$42,226
Mar 2010011,11278.394.39$48,767
Feb 2010310,96673.585.44$59,902
Jan 2010015,63274.365.96$93,231
Dec 20090071.445.48$0
Nov 200908,85374.593.75$33,212
Oct 2009010,63172.544.11$43,696
Sep 2009010,39665.543.06$31,861
Aug 2009010,61367.423.22$34,158
Jul 2009011,75961.133.46$40,739
Jun 2009312,04966.163.90$47,129
May 2009012,04954.743.93$47,301
Apr 2009011,52046.773.59$41,328
Mar 2009012,23142.144.06$49,646
Feb 2009010,96732.814.63$50,810
Jan 2009012,37935.865.37$66,488
Dec 2008312,51937.105.98$74,939
Nov 2008512,98955.496.86$89,387
Oct 2008013,96075.246.92$96,631
Sep 2008013,240101.767.88$104,293
Aug 2008014,258114.228.48$120,951
Jul 2008014,537131.0811.39$165,568
Jun 2008314,092131.3313.03$184,050
May 2008015,062123.1711.57$174,332
Apr 2008014,512110.3110.45$151,721
Mar 2008016,086101.909.66$155,456
Feb 2008815,54992.538.77$137,114
Jan 20081616,50690.388.21$136,890
Dec 2007017,11988.337.30$125,002
Nov 2007016,85791.677.29$122,916
Oct 2007011,90982.856.92$82,434
Sep 2007017,59275.846.24$109,847
Aug 2007019,44969.066.39$124,239
Jul 2007020,13670.906.39$128,628
Jun 2007019,68862.007.55$148,614
May 2007023,34658.747.85$183,179
Apr 20072023,34759.617.81$183,420
Mar 2007425,57956.927.30$187,005
Feb 2007225,00455.108.22$205,543
Jan 2007626,99350.306.73$181,880
Dec 2006931,28956.656.92$216,981
Nov 2006834,18154.207.62$260,807
Oct 2006038,73354.906.01$232,933
Sep 200615542,95160.085.04$225,665
Aug 200654,67268.717.34$34,636
Jul 2006967,18069.376.34$426,731
Jun 2006796,23966.286.38$614,842
May 200616336,82466.016.42$247,354
Apr 2006066,01064.397.36$485,865
Mar 2006481,55256.707.08$577,853

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                  612 Mcf  × $  3.05 =     $1,864

────────────────────────────────────────────────────
Month total                                   $1,864

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/223505 is the state's own key, not one this site invented.