MARTIN, J.C.

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 223654District 04Field 182962252 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.5 M
Dec 2006 – May 2026
Value, last 12 filed months
$136 k
at the published price for each month
Months reported
234
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 Gas112007-05-17174802
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
CondensateDisposition156 bbl$13,333
GasProduction2,735,548 Mcf$14,483,104
Total$14,496,437

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 27.1172, -99.3481. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.11722, -99.34806 · 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
10,130 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 10,130 ft.

Completions filed
Dec 2006
1 of 1 wells

1 well

42-505357011510,130 ftDec 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 (234)

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

234 months

May 202603,699106.413.05$11,267
Apr 202603,59198.932.87$10,305
Mar 202604,18489.753.15$13,177
Feb 202604,15163.503.75$15,568
Jan 202604,75759.138.00$38,046
Dec 202505,03556.664.41$22,221
Nov 2025059158.593.93$2,321
Oct 202506059.383.30$198
Sep 2025053462.743.08$1,643
Aug 202501,82763.933.01$5,508
Jul 202502,37666.743.32$7,877
Jun 202502,49766.483.13$7,812
May 202502,49860.553.23$8,074
Apr 202503,13362.363.54$11,101
Mar 202502,96067.704.27$12,634
Feb 202502,67170.884.34$11,594
Jan 202502,87674.324.28$12,305
Dec 202403,06868.993.12$9,576
Nov 202403,37269.052.20$7,413
Oct 202402,55671.372.28$5,831
Sep 202403,79969.612.36$8,982
Aug 202404,16675.632.06$8,597
Jul 202404,34079.932.15$9,316
Jun 202403,61778.082.63$9,527
May 202404,50878.812.20$9,911
Apr 202404,32784.451.66$7,179
Mar 202403,97480.301.55$6,140
Feb 202404,40376.091.78$7,853
Jan 202403,74573.023.30$12,350
Dec 202303,11571.262.61$8,132
Nov 202304,26077.892.81$11,960
Oct 202304,45585.443.09$13,754
Sep 202304,22389.042.74$11,550
Aug 202304,81180.522.67$12,859
Jul 202304,44374.852.64$11,738
Jun 202304,22368.962.26$9,538
May 202304,49870.622.23$10,019
Apr 202304,73778.122.24$10,600
Mar 202305,41372.852.39$12,954
Feb 202304,65875.112.47$11,485
Jan 202304,65276.533.39$15,760
Dec 202204,42376.415.73$25,340
Nov 202204,45485.005.65$25,148
Oct 202204,89987.185.86$28,727
Sep 202204,65684.888.16$38,010
Aug 202205,05494.529.13$46,129
Jul 202205,254101.587.54$39,626
Jun 202205,230115.097.98$41,721
May 202205,829109.378.43$49,156
Apr 202205,719104.226.84$39,104
Mar 202205,671108.885.08$28,788
Feb 202205,72191.054.86$27,797
Jan 202207,94981.844.54$36,070
Dec 202101,98971.323.90$7,755
Nov 202104,39777.435.24$23,026
Oct 202104,75079.795.71$27,141
Sep 202104,72569.865.35$25,283
Aug 202105,16366.024.22$21,791
Jul 202105,25570.783.98$20,926
Jun 202104,86569.493.38$16,447
May 202105,67863.483.02$17,134
Apr 202104,58660.362.76$12,650
Mar 202105,23461.302.72$14,220
Feb 202104,76457.805.55$26,430
Jan 202105,25650.412.81$14,771
Dec 202005,29544.642.68$14,167
Nov 202005,20038.772.71$14,074
Oct 202005,65636.972.48$14,018
Sep 202006,18937.091.99$12,323
Aug 202004,61539.982.39$11,007
Jul 202005,34538.371.83$9,755
Jun 202005,47534.901.69$9,254
May 202005,66516.921.81$10,281
Apr 202005,62314.751.80$10,146
Mar 202005,88530.341.86$10,924
Feb 202005,54649.881.98$10,985
Jan 202005,76157.252.09$12,068
Dec 201905,99159.012.30$13,805
Nov 201905,86355.302.75$16,127
Oct 201906,06753.472.42$14,673
Sep 201905,80055.052.66$15,412
Aug 201906,35653.112.30$14,647
Jul 201906,56856.272.46$16,158
Jun 201905,91852.782.49$14,743
May 201905,90158.482.74$16,171
Apr 201906,16462.632.75$16,955
Mar 201906,79956.803.06$20,819
Feb 201905,22450.852.79$14,587
Jan 201905,67646.033.23$18,323
Dec 201805,82046.594.19$24,359
Nov 201806,13152.934.24$25,979
Oct 201806,58061.443.40$22,359
Sep 201806,63859.543.11$20,631
Aug 201806,34459.403.07$19,454
Jul 201806,05865.142.93$17,761
Jun 201806,45360.183.08$19,855
May 201806,73665.382.90$19,540
Apr 201806,59163.842.90$19,119
Mar 201806,44061.222.79$17,947
Feb 201806,30061.782.77$17,427
Jan 201807,01262.874.01$28,113
Dec 201707,02457.272.92$20,521
Nov 201706,48955.423.12$20,235
Oct 201706,39249.292.98$19,072
Sep 201706,63047.523.09$20,469
Aug 201706,79445.373.00$20,412
Jul 201706,78143.873.09$20,935
Jun 201706,68342.493.09$20,632
May 201707,42245.373.26$24,221
Apr 201707,51647.933.21$24,138
Mar 201708,23346.772.98$24,565
Feb 201705,26250.452.95$15,537
Jan 201707,48849.413.42$25,600
Dec 201607,75248.763.72$28,859
Nov 201607,44642.492.64$19,690
Oct 201607,98646.193.09$24,679
Sep 201607,59241.553.10$23,540
Aug 201607,60141.442.92$22,228
Jul 201607,68241.622.92$22,465
Jun 201607,70845.352.69$20,702
May 201607,81142.521.99$15,552
Apr 201607,44436.561.99$14,821
Mar 201607,52433.011.79$13,498
Feb 201606,40126.472.06$13,209
Jan 201607,49527.352.36$17,721
Dec 201507,19632.362.00$14,402
Nov 201507,34438.792.17$15,917
Oct 201507,70143.552.43$18,687
Sep 201507,15442.992.76$19,734
Aug 201507,52640.162.87$21,618
Jul 201508,37148.152.95$24,653
Jun 201507,95256.152.88$22,925
May 201508,53255.212.96$25,216
Apr 201508,95049.822.71$24,224
Mar 201507,95442.892.93$23,343
Feb 201504,94244.662.98$14,708
Jan 201507,96243.433.10$24,687
Dec 201406,86654.693.59$24,658
Nov 201407,64570.464.25$32,505
Oct 201406,06178.303.90$23,644
Sep 201407,76886.164.05$31,425
Aug 201408,88489.394.04$35,848
Jul 201409,28396.564.18$38,799
Jun 201408,23198.164.74$38,989
May 201409,97894.734.73$47,162
Apr 201408,26295.944.81$39,733
Mar 201409,77995.895.06$49,450
Feb 201409,27497.406.19$57,425
Jan 201409,55190.404.86$46,425
Dec 2013012,04391.824.35$52,441
Nov 201304,44688.853.74$16,620
Oct 201309,00497.423.78$34,029
Sep 201309,749104.113.72$36,244
Aug 201309,887104.253.52$34,828
Jul 2013010,896102.523.72$40,509
Jun 201307,62894.403.93$30,004
May 2013010,02994.834.15$41,611
Apr 2013010,13293.964.28$43,391
Mar 201309,64293.623.91$37,728
Feb 2013010,48591.233.42$35,858
Jan 201309,68891.603.42$33,132
Dec 201208,55886.773.42$29,270
Nov 2012010,16786.953.62$36,855
Oct 20125010,58089.383.40$40,438
Sep 2012010,73394.672.92$31,323
Aug 2012010,31492.662.91$29,995
Jul 2012011,06285.133.02$33,416
Jun 2012011,17379.822.52$28,145
May 2012012,38391.612.49$30,813
Apr 201208,198101.652.00$16,370
Mar 2012011,759105.052.22$26,129
Feb 2012010,704101.102.57$27,512
Jan 2012011,44398.092.73$31,286
Dec 2011012,22196.873.24$39,593
Nov 2011012,69695.723.31$42,040
Oct 2011013,96084.983.65$50,934
Sep 201110610,69383.623.99$51,484
Aug 2011013,46483.404.15$55,866
Jul 2011014,99394.144.52$67,727
Jun 2011014,32392.904.64$66,457
May 201109,72098.134.40$42,815
Apr 2011013,301105.964.33$57,637
Mar 2011013,51196.364.06$54,819
Feb 201109,96185.644.18$41,637
Jan 2011013,48586.504.59$61,880
Dec 2010013,04285.734.35$56,703
Nov 2010013,10080.843.80$49,719
Oct 2010013,92178.103.51$48,847
Sep 2010014,16672.633.98$56,373
Aug 2010014,77273.684.42$65,283
Jul 2010012,93872.554.74$61,281
Jun 2010013,71170.364.91$67,326
May 2010014,89471.124.24$63,079
Apr 2010014,18481.694.12$58,476
Mar 2010016,02278.394.39$70,315
Feb 2010013,28073.585.44$72,275
Jan 2010014,72374.365.96$87,809
Dec 2009017,11971.445.48$93,876
Nov 2009016,84674.593.75$63,198
Oct 2009021,85072.544.11$89,809
Sep 2009018,73465.543.06$57,415
Aug 2009016,49867.423.22$53,099
Jul 2009024,56261.133.46$85,095
Jun 20090566.163.90$19
May 2009016,75154.743.93$65,760
Apr 2009018,30446.773.59$65,666
Mar 2009019,37142.144.06$78,627
Feb 2009016,16732.814.63$74,902
Jan 2009019,09935.865.37$102,581
Dec 2008020,49037.105.98$122,472
Nov 2008019,81155.496.86$135,911
Oct 2008021,80075.246.92$150,899
Sep 2008020,635101.767.88$162,544
Aug 2008023,098114.228.48$195,941
Jul 2008026,633131.0811.39$303,335
Jun 2008017,641131.3313.03$229,909
May 2008019,846123.1711.57$229,703
Apr 2008024,054110.3110.45$251,481
Mar 2008024,885101.909.66$240,490
Feb 2008021,55692.538.77$189,059
Jan 2008026,80090.388.21$219,914
Dec 2007029,95188.337.30$218,701
Nov 2007031,22591.677.29$227,683
Oct 2007035,63582.856.92$246,665
Sep 2007027,86575.846.24$173,994
Aug 2007041,41469.066.39$264,550
Jul 2007049,32270.906.39$315,066
Jun 2007058,07962.007.55$438,406
May 2007065,78558.747.85$516,168
Apr 2007062,90759.617.81$491,002
Mar 20070103,64656.927.30$756,820
Feb 20070115,11055.108.22$945,744
Jan 20070107,10050.306.73$720,446
Dec 20060122,83956.656.92$849,854

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                3,699 Mcf  × $  3.05 =    $11,267

────────────────────────────────────────────────────
Month total                                  $11,267

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/223654 is the state's own key, not one this site invented.