G. MARTINEZ TRUST 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 233826District 04Field 182962252 tax incentive programmesGasSaveExport
Value, all time
$26.3 M
Nov 2007 – May 2026
Value, last 12 filed months
$314 k
at the published price for each month
Months reported
223
no gaps in the span
Streams
1
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 Gas112010-01-28184207
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
GasProduction5,126,867 Mcf$26,297,239
Total$26,297,239

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 27.1245, -99.3191. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.12453, -99.31912 · 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
10,411 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 10,411 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-50535897110,411 ftNov 2007

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 (223)

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

223 months

May 20265,786106.413.05$17,623
Apr 20267,24298.932.87$20,783
Mar 20267,36089.753.15$23,180
Feb 20265,98863.503.75$22,457
Jan 20267,14659.138.00$57,153
Dec 20257,31356.664.41$32,275
Nov 20257,14358.593.93$28,047
Oct 20257,26659.383.30$24,013
Sep 20256,33262.743.08$19,483
Aug 20257,34963.933.01$22,155
Jul 20257,48566.743.32$24,814
Jun 20257,11466.483.13$22,258
May 20257,25360.553.23$23,444
Apr 20257,22062.363.54$25,581
Mar 20257,67167.704.27$32,742
Feb 20256,85670.884.34$29,761
Jan 20256,07774.324.28$26,002
Dec 20247,04568.993.12$21,990
Nov 20246,80769.052.20$14,965
Oct 20246,83371.372.28$15,589
Sep 20246,45269.612.36$15,255
Aug 20246,93775.632.06$14,315
Jul 20247,40979.932.15$15,904
Jun 20247,03578.082.63$18,530
May 20247,41978.812.20$16,310
Apr 20247,46284.451.66$12,381
Mar 20247,57980.301.55$11,711
Feb 20247,00076.091.78$12,485
Jan 20247,32573.023.30$24,155
Dec 20237,51171.262.61$19,609
Nov 20237,79877.892.81$21,893
Oct 20237,69485.443.09$23,754
Sep 20237,65089.042.74$20,923
Aug 20237,93480.522.67$21,207
Jul 20237,63074.852.64$20,157
Jun 20237,76568.962.26$17,537
May 20238,12370.622.23$18,093
Apr 20237,94978.122.24$17,788
Mar 20238,25672.852.39$19,758
Feb 20237,20275.112.47$17,758
Jan 20237,96476.533.39$26,980
Dec 20228,06076.415.73$46,176
Nov 20228,35485.005.65$47,168
Oct 20228,89287.185.86$52,141
Sep 20228,76184.888.16$71,522
Aug 20229,67194.529.13$88,269
Jul 202210,045101.587.54$75,760
Jun 20229,932115.097.98$79,230
May 20229,384109.378.43$79,136
Apr 20228,398104.226.84$57,422
Mar 20228,710108.885.08$44,215
Feb 20227,90491.054.86$38,404
Jan 20229,27381.844.54$42,078
Dec 20219,47271.323.90$36,932
Nov 20219,01977.435.24$47,231
Oct 20219,36379.795.71$53,499
Sep 20219,25369.865.35$49,512
Aug 20219,90566.024.22$41,805
Jul 20219,61670.783.98$38,292
Jun 20219,45769.493.38$31,971
May 20219,97363.483.02$30,095
Apr 20219,61660.362.76$26,525
Mar 202110,11561.302.72$27,482
Feb 20219,10757.805.55$50,525
Jan 202110,41450.412.81$29,266
Dec 202011,18544.642.68$29,925
Nov 202011,26738.772.71$30,495
Oct 202011,46036.972.48$28,403
Sep 202011,42037.091.99$22,738
Aug 202010,89939.982.39$25,995
Jul 202010,60838.371.83$19,361
Jun 202010,25534.901.69$17,334
May 202010,85016.921.81$19,690
Apr 202010,48914.751.80$18,926
Mar 202011,29330.341.86$20,962
Feb 202010,65849.881.98$21,110
Jan 202011,19157.252.09$23,442
Dec 201911,24859.012.30$25,919
Nov 201910,66755.302.75$29,342
Oct 201911,04653.472.42$26,715
Sep 201910,73155.052.66$28,515
Aug 201911,14353.112.30$25,677
Jul 201910,54856.272.46$25,949
Jun 201910,72952.782.49$26,728
May 201911,12158.482.74$30,475
Apr 201910,74662.632.75$29,559
Mar 201911,06156.803.06$33,870
Feb 20199,73550.852.79$27,182
Jan 201911,14446.033.23$35,975
Dec 201810,79046.594.19$45,161
Nov 201810,67852.934.24$45,245
Oct 201811,29661.443.40$38,385
Sep 201810,76559.543.11$33,458
Aug 20189,92559.403.07$30,436
Jul 201811,95065.142.93$35,036
Jun 201811,48360.183.08$35,332
May 201812,15865.382.90$35,268
Apr 201812,22863.842.90$35,471
Mar 201812,09461.222.79$33,704
Feb 201811,71761.782.77$32,411
Jan 201813,52862.874.01$54,238
Dec 201713,84757.272.92$40,454
Nov 201713,27655.423.12$41,399
Oct 201712,98449.292.98$38,740
Sep 201712,97247.523.09$40,048
Aug 201713,27645.373.00$39,886
Jul 201714,01043.873.09$43,253
Jun 201712,55142.493.09$38,748
May 201714,39245.373.26$46,967
Apr 201714,19047.933.21$45,573
Mar 201714,50846.772.98$43,287
Feb 201713,30250.452.95$39,275
Jan 201714,33649.413.42$49,012
Dec 201614,62348.763.72$54,439
Nov 201613,28042.492.64$35,117
Oct 201615,64246.193.09$48,338
Sep 201615,15141.553.10$46,978
Aug 201616,75741.442.92$49,003
Jul 201614,87641.622.92$43,502
Jun 201615,55845.352.69$41,786
May 201616,65742.521.99$33,165
Apr 201615,92536.561.99$31,707
Mar 201616,33533.011.79$29,305
Feb 201615,02226.472.06$31,000
Jan 201614,95427.352.36$35,357
Dec 201514,59332.362.00$29,207
Nov 201515,03638.792.17$32,588
Oct 201516,21043.552.43$39,335
Sep 201516,70642.992.76$46,082
Aug 201517,16040.162.87$49,292
Jul 201516,24548.152.95$47,843
Jun 201516,42156.152.88$47,339
May 201515,75755.212.96$46,569
Apr 201516,52549.822.71$44,726
Mar 201517,10642.892.93$50,201
Feb 201517,08544.662.98$50,848
Jan 201519,56443.433.10$60,661
Dec 201420,55654.693.59$73,824
Nov 201420,01870.464.25$85,113
Oct 201418,57478.303.90$72,456
Sep 201416,45486.164.05$66,564
Aug 201418,98189.394.04$76,591
Jul 201418,95696.564.18$79,229
Jun 201419,35498.164.74$91,678
May 201420,60794.734.73$97,400
Apr 201419,44595.944.81$93,513
Mar 201420,33495.895.06$102,825
Feb 201419,45297.406.19$120,447
Jan 201422,48490.404.86$109,288
Dec 201322,61891.824.35$98,490
Nov 201322,02188.853.74$82,321
Oct 201328,54797.423.78$107,889
Sep 20135,317104.113.72$19,767
Aug 201312,284104.253.52$43,272
Jul 201321,829102.523.72$81,155
Jun 201322,02794.403.93$86,641
May 201323,21894.834.15$96,333
Apr 201322,87193.964.28$97,947
Mar 201323,72993.623.91$92,848
Feb 201321,99091.233.42$75,204
Jan 201324,51991.603.42$83,853
Dec 201224,54786.773.42$83,955
Nov 201221,72186.953.62$78,738
Oct 201224,50489.383.40$83,306
Sep 201225,27594.672.92$73,763
Aug 201225,91892.662.91$75,374
Jul 201227,53885.133.02$83,187
Jun 201227,23979.822.52$68,616
May 201224,27291.612.49$60,397
Apr 201226,851101.652.00$53,616
Mar 201228,356105.052.22$63,009
Feb 201227,021101.102.57$69,450
Jan 201229,27898.092.73$80,048
Dec 201130,06096.873.24$97,387
Nov 201129,26795.723.31$96,911
Oct 201131,37584.983.65$114,473
Sep 201129,88483.623.99$119,112
Aug 201132,42683.404.15$134,546
Jul 201132,41794.144.52$146,435
Jun 201131,15592.904.64$144,555
May 201135,89198.134.40$158,093
Apr 201135,436105.964.33$153,554
Mar 201137,57196.364.06$152,438
Feb 201134,13885.644.18$142,696
Jan 201140,13886.504.59$184,184
Dec 201041,73285.734.35$181,440
Nov 201042,19180.843.80$160,129
Oct 201042,41078.103.51$148,812
Sep 201043,78672.633.98$174,245
Aug 201048,42373.684.42$213,999
Jul 201046,76172.554.74$221,483
Jun 201048,47870.364.91$238,046
May 201054,58871.124.24$231,192
Apr 201051,67181.694.12$213,024
Mar 201060,12378.394.39$263,860
Feb 201058,99973.585.44$321,094
Jan 201071,29274.365.96$425,192
Dec 200948,20471.445.48$264,339
Nov 200940,26774.593.75$151,062
Oct 200939,32672.544.11$161,640
Sep 200941,08665.543.06$125,918
Aug 200941,42867.423.22$133,336
Jul 200941,72861.133.46$144,567
Jun 200941,10166.163.90$160,088
May 200945,95554.743.93$180,408
Apr 200943,47046.773.59$155,949
Mar 200946,14242.144.06$187,290
Feb 200941,20532.814.63$190,903
Jan 200960,13835.865.37$323,001
Dec 200861,09637.105.98$365,179
Nov 200861,42555.496.86$421,398
Oct 200873,91675.246.92$511,645
Sep 200874,041101.767.88$583,228
Aug 200872,164114.228.48$612,169
Jul 200894,637131.0811.39$1,077,861
Jun 2008102,177131.3313.03$1,331,635
May 2008114,739123.1711.57$1,328,022
Apr 2008116,900110.3110.45$1,222,173
Mar 2008138,493101.909.66$1,338,406
Feb 2008127,35292.538.77$1,116,951
Jan 2008118,80590.388.21$974,882
Dec 2007104,32688.337.30$761,785
Nov 200760,81791.677.29$443,459

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
Gas                5,786 Mcf  × $  3.05 =    $17,623

────────────────────────────────────────────────────
Month total                                  $17,623

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/233826 is the state's own key, not one this site invented.