MARTINEZ MINERALS

Operated by MOUNTAIN V TEXAS, LLC (P-5 103601) in the STIRLING (WILCOX CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 242899District 04Field 861824762 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.1 M
Aug 2008 – May 2026
Value, last 12 filed months
$70 k
at the published price for each month
Months reported
214
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 92 leases and 92 wells, and the rule below applies to all of them.

Discovered
2006-01-10
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 2007-01-23.

The Commission's schedule remark for this field reads: NO BETWEEN WELL SPACING. STANDARD 40 ACRES.

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 Gas112010-09-21199251
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
CondensateDisposition2,336 bbl$141,777
GasProduction1,938,866 Mcf$9,947,534
Total$10,089,312

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 27.2085, -99.1053. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.20852, -99.10529 · 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
12,254 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 12,254 ft.

Completions filed
Dec 2008
1 of 1 wells

1 well

42-50536185112,254 ftDec 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 (214)

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

214 months

May 202601,150106.413.05$3,503
Apr 202602,08598.932.87$5,983
Mar 202601,23889.753.15$3,899
Feb 202601,25063.503.75$4,688
Jan 2026921,85259.138.00$20,252
Dec 202501,35456.664.41$5,976
Nov 202501,24658.593.93$4,892
Oct 2025061659.383.30$2,036
Sep 202501,71962.743.08$5,289
Aug 202501,85263.933.01$5,583
Jul 202501,28666.743.32$4,263
Jun 202501,01166.483.13$3,163
May 2025099860.553.23$3,226
Apr 202501,04562.363.54$3,703
Mar 202501,08867.704.27$4,644
Feb 2025078270.884.34$3,395
Jan 202501,05574.324.28$4,514
Dec 202401,05168.993.12$3,281
Nov 202401,19269.052.20$2,621
Oct 202401,31871.372.28$3,007
Sep 2024035369.612.36$835
Aug 202401,03775.632.06$2,140
Jul 202401,08579.932.15$2,329
Jun 202401,02878.082.63$2,708
May 202401,07978.812.20$2,372
Apr 202401,08884.451.66$1,805
Mar 2024099680.301.55$1,539
Feb 202401,02276.091.78$1,823
Jan 202401,12873.023.30$3,720
Dec 202301,09971.262.61$2,869
Nov 202301,05377.892.81$2,956
Oct 2023087285.443.09$2,692
Sep 202301,14189.042.74$3,121
Aug 202301,23480.522.67$3,298
Jul 202301,09574.852.64$2,893
Jun 2023096768.962.26$2,184
May 202301,20170.622.23$2,675
Apr 202301,17978.122.24$2,638
Mar 202301,20972.852.39$2,893
Feb 202301,12175.112.47$2,764
Jan 202301,26576.533.39$4,285
Dec 202201,29576.415.73$7,419
Nov 202201,31885.005.65$7,442
Oct 2022861,23487.185.86$14,733
Sep 202201,12484.888.16$9,176
Aug 202201,26494.529.13$11,537
Jul 202201,410101.587.54$10,634
Jun 202201,176115.097.98$9,381
May 202201,261109.378.43$10,634
Apr 202201,234104.226.84$8,438
Mar 202201,258108.885.08$6,386
Feb 202201,21191.054.86$5,884
Jan 202201,28581.844.54$5,831
Dec 202101,32571.323.90$5,166
Nov 202101,34377.435.24$7,033
Oct 202101,46279.795.71$8,354
Sep 202101,18369.865.35$6,330
Aug 202101,52266.024.22$6,424
Jul 202101,34970.783.98$5,372
Jun 202101,36569.493.38$4,615
May 202101,31663.483.02$3,971
Apr 2021091260.362.76$2,516
Mar 202101,52261.302.72$4,135
Feb 202101,15557.805.55$6,408
Jan 202101,47650.412.81$4,148
Dec 202001,38144.642.68$3,695
Nov 202001,43238.772.71$3,876
Oct 20205797536.972.48$4,524
Sep 202001,37937.091.99$2,746
Aug 202001,65339.982.39$3,943
Jul 202001,41838.371.83$2,588
Jun 202001,45634.901.69$2,461
May 202001,53116.921.81$2,778
Apr 202001,45114.751.80$2,618
Mar 202001,30830.341.86$2,428
Feb 202001,42949.881.98$2,830
Jan 202001,58357.252.09$3,316
Dec 201901,49759.012.30$3,450
Nov 201901,53455.302.75$4,220
Oct 201901,63353.472.42$3,949
Sep 201901,52455.052.66$4,050
Aug 201901,60553.112.30$3,699
Jul 201901,65756.272.46$4,076
Jun 201901,60852.782.49$4,006
May 201901,67858.482.74$4,598
Apr 201901,65062.632.75$4,539
Mar 201901,68456.803.06$5,157
Feb 201901,62450.852.79$4,535
Jan 201901,56746.033.23$5,059
Dec 201801,56546.594.19$6,550
Nov 201801,67952.934.24$7,114
Oct 201801,77161.443.40$6,018
Sep 201801,76159.543.11$5,473
Aug 201801,52459.403.07$4,673
Jul 201801,80465.142.93$5,289
Jun 201801,87360.183.08$5,763
May 201801,71465.382.90$4,972
Apr 201801,82063.842.90$5,279
Mar 201801,76461.222.79$4,916
Feb 201801,63761.782.77$4,528
Jan 201801,88762.874.01$7,566
Dec 201701,90557.272.92$5,566
Nov 201701,85855.423.12$5,794
Oct 201701,86749.292.98$5,571
Sep 201702,01147.523.09$6,209
Aug 201702,04845.373.00$6,153
Jul 201702,06943.873.09$6,388
Jun 201702,06142.493.09$6,363
May 201702,08945.373.26$6,817
Apr 201702,16047.933.21$6,937
Mar 201702,48146.772.98$7,403
Feb 201701,94750.452.95$5,749
Jan 201702,25849.413.42$7,720
Dec 201602,29148.763.72$8,529
Nov 201602,24042.492.64$5,923
Oct 201602,37246.193.09$7,330
Sep 201601,98341.553.10$6,149
Aug 201602,39941.442.92$7,015
Jul 201602,49341.622.92$7,290
Jun 201602,60945.352.69$7,007
May 201602,77142.521.99$5,517
Apr 201602,72136.561.99$5,418
Mar 201602,85633.011.79$5,124
Feb 201602,70726.472.06$5,586
Jan 201602,96927.352.36$7,020
Dec 201503,00532.362.00$6,014
Nov 201502,93038.792.17$6,350
Oct 2015393,04943.552.43$9,097
Sep 201503,21642.992.76$8,871
Aug 201503,89840.162.87$11,197
Jul 201504,78448.152.95$14,089
Jun 201503,73856.152.88$10,776
May 201504,43155.212.96$13,096
Apr 201504,00849.822.71$10,848
Mar 201505,46542.892.93$16,038
Feb 201504,94744.662.98$14,723
Jan 201504,46643.433.10$13,847
Dec 201404,00254.693.59$14,373
Nov 201403,41470.464.25$14,516
Oct 201404,21078.303.90$16,423
Sep 201403,79186.164.05$15,336
Aug 201404,16989.394.04$16,822
Jul 201403,89096.564.18$16,259
Jun 201403,92798.164.74$18,602
May 2014494,58394.734.73$26,304
Apr 201403,85695.944.81$18,544
Mar 201404,42095.895.06$22,351
Feb 201403,58997.406.19$22,223
Jan 201404,61790.404.86$22,442
Dec 201305,09391.824.35$22,177
Nov 201306,09688.853.74$22,789
Oct 201304,92197.423.78$18,598
Sep 201304,684104.113.72$17,414
Aug 201304,814104.253.52$16,958
Jul 201306,551102.523.72$24,355
Jun 201304,61894.403.93$18,164
May 2013517,46694.834.15$35,813
Apr 201304,34393.964.28$18,599
Mar 201304,55093.623.91$17,804
Feb 201304,57791.233.42$15,653
Jan 201308,54591.603.42$29,223
Dec 2012578,68686.773.42$34,653
Nov 201208,98986.953.62$32,585
Oct 2012010,15989.383.40$34,537
Sep 201209,90594.672.92$28,907
Aug 2012010,68392.662.91$31,068
Jul 2012011,01385.133.02$33,268
Jun 2012636,62579.822.52$21,717
May 201203,86491.612.49$9,615
Apr 201202,348101.652.00$4,688
Mar 201209,276105.052.22$20,612
Feb 2012010,810101.102.57$27,784
Jan 2012012,42798.092.73$33,976
Dec 2011013,00596.873.24$42,133
Nov 2011014,20495.723.31$47,033
Oct 2011013,69784.983.65$49,974
Sep 201113213,23583.623.99$63,790
Aug 201105,91783.404.15$24,552
Jul 2011012,11894.144.52$54,740
Jun 2011016,87592.904.64$78,298
May 2011018,85698.134.40$83,057
Apr 2011019,602105.964.33$84,941
Mar 20116213,80896.364.06$61,998
Feb 2011015,45985.644.18$64,618
Jan 2011020,23186.504.59$92,836
Dec 201007,93885.734.35$34,512
Nov 20102124,60080.843.80$95,063
Oct 2010018,11178.103.51$63,550
Sep 20106719,15572.633.98$81,093
Aug 2010026,55673.684.42$117,361
Jul 2010398,17772.554.74$41,560
Jun 201008,27070.364.91$40,609
May 201007,96971.124.24$33,750
Apr 201008,82681.694.12$36,387
Mar 201017519,96178.394.39$101,320
Feb 2010017,98473.585.44$97,875
Jan 201011021,74774.365.96$137,881
Dec 2009024,14971.445.48$132,427
Nov 2009032,97674.593.75$123,709
Oct 200913037,29872.544.11$162,734
Sep 2009050,65965.543.06$155,257
Aug 2009055,52867.423.22$178,717
Jul 200917833,63261.133.46$127,399
Jun 2009041,26866.163.90$160,739
May 200915565,56254.743.93$265,865
Apr 2009015,50446.773.59$55,621
Mar 200917420,72242.144.06$91,443
Feb 200918825,31432.814.63$123,448
Jan 200921543,92635.865.37$243,636
Dec 200819685,31037.105.98$517,181
Nov 2008060,77555.496.86$416,938
Oct 20080113,29575.246.92$784,226
Sep 20080183,151101.767.88$1,442,697
Aug 20080225,387114.228.48$1,911,962

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                1,150 Mcf  × $  3.05 =     $3,503

────────────────────────────────────────────────────
Month total                                   $3,503

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/242899 is the state's own key, not one this site invented.