VT J. MARTIN ST OF TX

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the LAS TIENDAS (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 240259District 04Field 522110602 tax incentive programmesGasSaveExport
Value, all time
$963 k
Jun 2008 – May 2026
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
216
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 754 leases and 754 wells, and the rule below applies to all of them.

Discovered
1974-04-22
as the register files it
Field class
Gas
the register's own label
Between wells
933 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 2011-08-23.

The Commission's schedule remark for this field reads: REMAINS SUSPENDED. FIELD REMAINS SET TO MANUAL REVIEW.

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 Gas112009-01-28188542
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
GasProduction200,173 Mcf$962,631
Total$962,631

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 27.8612, -99.7259. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.86125, -99.72586 · 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
7,110 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 7,110 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-4794017366037,110 ftJun 2008

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 (216)

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

216 months

May 2026338106.413.05$1,029
Apr 202637398.932.87$1,070
Mar 202645489.753.15$1,430
Feb 202627363.503.75$1,024
Jan 202633959.138.00$2,711
Dec 202538256.664.41$1,686
Nov 202543358.593.93$1,700
Oct 202536659.383.30$1,210
Sep 202544262.743.08$1,360
Aug 202534863.933.01$1,049
Jul 202516966.743.32$560
Jun 202526366.483.13$823
May 202541960.553.23$1,354
Apr 202587062.363.54$3,083
Mar 20251,02467.704.27$4,371
Feb 202551370.884.34$2,227
Jan 202569574.324.28$2,974
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 202423271.372.28$529
Sep 202433269.612.36$785
Aug 202435575.632.06$733
Jul 202434279.932.15$734
Jun 202432278.082.63$848
May 202438778.812.20$851
Apr 202444584.451.66$738
Mar 202459580.301.55$919
Feb 202462776.091.78$1,118
Jan 202443473.023.30$1,431
Dec 202331171.262.61$812
Nov 202329277.892.81$820
Oct 202335185.443.09$1,084
Sep 202334989.042.74$955
Aug 202333880.522.67$903
Jul 202331274.852.64$824
Jun 202331768.962.26$716
May 202334570.622.23$768
Apr 202334078.122.24$761
Mar 202336172.852.39$864
Feb 202339775.112.47$979
Jan 202343476.533.39$1,470
Dec 202246676.415.73$2,670
Nov 202235085.005.65$1,976
Oct 202225587.185.86$1,495
Sep 202219984.888.16$1,625
Aug 202232494.529.13$2,957
Jul 2022383101.587.54$2,889
Jun 2022375115.097.98$2,991
May 2022401109.378.43$3,382
Apr 2022421104.226.84$2,879
Mar 2022517108.885.08$2,625
Feb 202257591.054.86$2,794
Jan 202252781.844.54$2,391
Dec 202144071.323.90$1,716
Nov 202155477.435.24$2,901
Oct 202166279.795.71$3,783
Sep 202180969.865.35$4,329
Aug 202157266.024.22$2,414
Jul 202140270.783.98$1,601
Jun 202139669.493.38$1,339
May 202141363.483.02$1,246
Apr 202143360.362.76$1,194
Mar 202136461.302.72$989
Feb 202134857.805.55$1,931
Jan 202135950.412.81$1,009
Dec 202027744.642.68$741
Nov 202026838.772.71$725
Oct 202039036.972.48$967
Sep 202033037.091.99$657
Aug 202023339.982.39$556
Jul 202035538.371.83$648
Jun 202038534.901.69$651
May 202041616.921.81$755
Apr 202035814.751.80$646
Mar 202040130.341.86$744
Feb 202039849.881.98$788
Jan 202039157.252.09$819
Dec 201941359.012.30$952
Nov 201938155.302.75$1,048
Oct 201926453.472.42$638
Sep 201927355.052.66$725
Aug 201920953.112.30$482
Jul 201938656.272.46$950
Jun 201938152.782.49$949
May 201919558.482.74$534
Apr 201920762.632.75$569
Mar 201927956.803.06$854
Feb 201928350.852.79$790
Jan 201936846.033.23$1,188
Dec 201846246.594.19$1,934
Nov 201828852.934.24$1,220
Oct 201824461.443.40$829
Sep 201840059.543.11$1,243
Aug 201853159.403.07$1,628
Jul 201840865.142.93$1,196
Jun 201839760.183.08$1,222
May 201844565.382.90$1,291
Apr 201858963.842.90$1,709
Mar 201859961.222.79$1,669
Feb 201855361.782.77$1,530
Jan 201860262.874.01$2,414
Dec 201756357.272.92$1,645
Nov 201740555.423.12$1,263
Oct 201746849.292.98$1,396
Sep 201748347.523.09$1,491
Aug 201766445.373.00$1,995
Jul 201748443.873.09$1,494
Jun 201745142.493.09$1,392
May 201751045.373.26$1,664
Apr 201763547.933.21$2,039
Mar 201775346.772.98$2,247
Feb 201759550.452.95$1,757
Jan 201767149.413.42$2,294
Dec 201662148.763.72$2,312
Nov 201650142.492.64$1,325
Oct 201685846.193.09$2,651
Sep 201666741.553.10$2,068
Aug 201650541.442.92$1,477
Jul 201638441.622.92$1,123
Jun 201638745.352.69$1,039
May 201641642.521.99$828
Apr 201628436.561.99$565
Mar 201647633.011.79$854
Feb 201647426.472.06$978
Jan 201654227.352.36$1,281
Dec 20151,03232.362.00$2,065
Nov 201545938.792.17$995
Oct 201549943.552.43$1,211
Sep 201544842.992.76$1,236
Aug 201550040.162.87$1,436
Jul 201547648.152.95$1,402
Jun 201545756.152.88$1,317
May 201554855.212.96$1,620
Apr 201545249.822.71$1,223
Mar 201561242.892.93$1,796
Feb 201556644.662.98$1,685
Jan 201573043.433.10$2,263
Dec 201475654.693.59$2,715
Nov 201455670.464.25$2,364
Oct 201462178.303.90$2,423
Sep 201463386.164.05$2,561
Aug 201470989.394.04$2,861
Jul 201472996.564.18$3,047
Jun 201489298.164.74$4,225
May 201477294.734.73$3,649
Apr 201486895.944.81$4,174
Mar 201477195.895.06$3,899
Feb 201480097.406.19$4,954
Jan 201489290.404.86$4,336
Dec 201388591.824.35$3,854
Nov 201390188.853.74$3,368
Oct 201385397.423.78$3,224
Sep 2013898104.113.72$3,339
Aug 2013861104.253.52$3,033
Jul 2013698102.523.72$2,595
Jun 201382694.403.93$3,249
May 201384294.834.15$3,494
Apr 201391793.964.28$3,927
Mar 201394093.623.91$3,678
Feb 201391491.233.42$3,126
Jan 201390691.603.42$3,098
Dec 201288486.773.42$3,023
Nov 20121,02086.953.62$3,697
Oct 20121,14889.383.40$3,903
Sep 20121,29494.672.92$3,776
Aug 20121,13592.662.91$3,301
Jul 20121,38785.133.02$4,190
Jun 20121,07879.822.52$2,716
May 20121,09991.612.49$2,735
Apr 20121,188101.652.00$2,372
Mar 20121,104105.052.22$2,453
Feb 20121,118101.102.57$2,874
Jan 20121,24298.092.73$3,396
Dec 20111,15096.873.24$3,726
Nov 20111,49795.723.31$4,957
Oct 20111,14984.983.65$4,192
Sep 20111,39583.623.99$5,560
Aug 20111,90983.404.15$7,921
Jul 201124994.144.52$1,125
Jun 201129192.904.64$1,350
May 20111,44798.134.40$6,374
Apr 20111,269105.964.33$5,499
Mar 20111,62696.364.06$6,597
Feb 20111,27285.644.18$5,317
Jan 20111,26086.504.59$5,782
Dec 20101,50385.734.35$6,535
Nov 20101,40680.843.80$5,336
Oct 20101,33478.103.51$4,681
Sep 20101,60272.633.98$6,375
Aug 20101,75273.684.42$7,743
Jul 20101,82372.554.74$8,635
Jun 20101,78670.364.91$8,770
May 20101,69671.124.24$7,183
Apr 20101,56281.694.12$6,440
Mar 20101,80678.394.39$7,926
Feb 20101,63673.585.44$8,904
Jan 20101,62574.365.96$9,692
Dec 20091,98971.445.48$10,907
Nov 20092,09574.593.75$7,859
Oct 20092,61372.544.11$10,740
Sep 20092,76565.543.06$8,474
Aug 20092,62867.423.22$8,458
Jul 20092,88661.133.46$9,999
Jun 20092,88066.163.90$11,218
May 20093,05054.743.93$11,974
Apr 20093,07846.773.59$11,042
Mar 20093,32442.144.06$13,492
Feb 20093,22132.814.63$14,923
Jan 20093,73235.865.37$20,045
Dec 20084,34337.105.98$25,959
Nov 20084,34355.496.86$29,795
Oct 20084,87575.246.92$33,745
Sep 20085,169101.767.88$40,717
Aug 20086,121114.228.48$51,925
Jul 20085,913131.0811.39$67,346
Jun 20088,567131.3313.03$111,651

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                  338 Mcf  × $  3.05 =     $1,029

────────────────────────────────────────────────────
Month total                                   $1,029

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/240259 is the state's own key, not one this site invented.