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 243740District 04Field 861824762 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Oct 2008 – May 2026
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
212
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 Gas112010-09-21199252
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
CondensateDisposition1,353 bbl$106,053
GasProduction1,459,517 Mcf$6,977,324
Total$7,083,377

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 27.2140, -99.1048. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.21400, -99.10481 · 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
11,400 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 11,400 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-50536263211,400 ftOct 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 (212)

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

212 months

May 20260755106.413.05$2,300
Apr 2026096498.932.87$2,766
Mar 2026049789.753.15$1,565
Feb 2026077163.503.75$2,892
Jan 20268039559.138.00$7,890
Dec 2025098756.664.41$4,356
Nov 2025027558.593.93$1,080
Oct 2025060059.383.30$1,983
Sep 2025023462.743.08$720
Aug 202501,04063.933.01$3,135
Jul 202501,50766.743.32$4,996
Jun 2025097566.483.13$3,051
May 202501,20360.553.23$3,888
Apr 2025090862.363.54$3,217
Mar 202501,48167.704.27$6,321
Feb 202501,35470.884.34$5,878
Jan 202501,59374.324.28$6,816
Dec 202401,09968.993.12$3,430
Nov 202401,45069.052.20$3,188
Oct 202402,42571.372.28$5,532
Sep 202401,66469.612.36$3,934
Aug 202401,44775.632.06$2,986
Jul 202401,43279.932.15$3,074
Jun 202401,43078.082.63$3,767
May 202401,56578.812.20$3,441
Apr 202401,48184.451.66$2,457
Mar 202401,57680.301.55$2,435
Feb 202401,59476.091.78$2,843
Jan 202401,68973.023.30$5,570
Dec 202301,63171.262.61$4,258
Nov 202301,48877.892.81$4,178
Oct 202301,74385.443.09$5,381
Sep 202301,40689.042.74$3,845
Aug 2023096480.522.67$2,577
Jul 2023077074.852.64$2,034
Jun 2023078268.962.26$1,766
May 2023086470.622.23$1,924
Apr 2023079778.122.24$1,783
Mar 2023085772.852.39$2,051
Feb 2023076875.112.47$1,894
Jan 2023075076.533.39$2,541
Dec 2022089376.415.73$5,116
Nov 2022097985.005.65$5,528
Oct 20228686987.185.86$12,593
Sep 2022090984.888.16$7,421
Aug 202201,02394.529.13$9,337
Jul 202201,042101.587.54$7,859
Jun 20220852115.097.98$6,797
May 20220848109.378.43$7,151
Apr 20220842104.226.84$5,757
Mar 20220847108.885.08$4,300
Feb 2022085391.054.86$4,145
Jan 2022095381.844.54$4,324
Dec 2021097971.323.90$3,817
Nov 202101,09777.435.24$5,745
Oct 202101,25379.795.71$7,159
Sep 2021097969.865.35$5,239
Aug 2021097366.024.22$4,107
Jul 2021094670.783.98$3,767
Jun 2021095769.493.38$3,235
May 202101,16763.483.02$3,522
Apr 202101,13560.362.76$3,131
Mar 202101,45261.302.72$3,945
Feb 2021091457.805.55$5,071
Jan 2021097950.412.81$2,751
Dec 202001,00244.642.68$2,681
Nov 2020095138.772.71$2,574
Oct 2020511,12936.972.48$4,684
Sep 202001,10237.091.99$2,194
Aug 202001,24439.982.39$2,967
Jul 202001,02638.371.83$1,873
Jun 202001,04334.901.69$1,763
May 202001,02016.921.81$1,851
Apr 2020095714.751.80$1,727
Mar 2020079830.341.86$1,481
Feb 2020089049.881.98$1,763
Jan 202001,08757.252.09$2,277
Dec 2019092959.012.30$2,141
Nov 2019096555.302.75$2,654
Oct 201901,05053.472.42$2,539
Sep 201901,05155.052.66$2,793
Aug 201901,01753.112.30$2,344
Jul 201901,00956.272.46$2,482
Jun 201901,02352.782.49$2,549
May 201901,09758.482.74$3,006
Apr 201901,11062.632.75$3,053
Mar 201901,22156.803.06$3,739
Feb 201901,32950.852.79$3,711
Jan 201901,71146.033.23$5,523
Dec 201801,05646.594.19$4,420
Nov 201801,12752.934.24$4,775
Oct 201801,17161.443.40$3,979
Sep 201801,18359.543.11$3,677
Aug 201801,16359.403.07$3,566
Jul 201801,24565.142.93$3,650
Jun 201801,33360.183.08$4,102
May 201801,14865.382.90$3,330
Apr 201801,20063.842.90$3,481
Mar 201801,24061.222.79$3,456
Feb 201801,12861.782.77$3,120
Jan 201801,31662.874.01$5,276
Dec 201701,40457.272.92$4,102
Nov 201701,45355.423.12$4,531
Oct 201701,41349.292.98$4,216
Sep 201701,43947.523.09$4,443
Aug 201701,30245.373.00$3,912
Jul 201701,29043.873.09$3,983
Jun 201701,30442.493.09$4,026
May 201701,36945.373.26$4,468
Apr 201701,36447.933.21$4,381
Mar 201701,62646.772.98$4,851
Feb 201701,20250.452.95$3,549
Jan 201701,42249.413.42$4,862
Dec 201601,47648.763.72$5,495
Nov 201601,56742.492.64$4,144
Oct 201601,85346.193.09$5,726
Sep 201601,28841.553.10$3,994
Aug 201601,54441.442.92$4,515
Jul 201601,54541.622.92$4,518
Jun 201601,58445.352.69$4,254
May 201601,71042.521.99$3,405
Apr 201601,61036.561.99$3,206
Mar 201601,62833.011.79$2,921
Feb 201601,53826.472.06$3,174
Jan 201601,58227.352.36$3,740
Dec 201501,59432.362.00$3,190
Nov 201501,54238.792.17$3,342
Oct 2015581,50143.552.43$6,168
Sep 201501,44242.992.76$3,978
Aug 201501,50640.162.87$4,326
Jul 201501,56648.152.95$4,612
Jun 201501,33456.152.88$3,846
May 201501,33755.212.96$3,951
Apr 201501,34649.822.71$3,643
Mar 201501,61642.892.93$4,742
Feb 201501,76444.662.98$5,250
Jan 201501,91543.433.10$5,938
Dec 201401,94554.693.59$6,985
Nov 201401,56870.464.25$6,667
Oct 201401,84878.303.90$7,209
Sep 201402,05586.164.05$8,313
Aug 201402,06989.394.04$8,349
Jul 201401,93596.564.18$8,088
Jun 201401,99298.164.74$9,436
May 2014852,10194.734.73$17,983
Apr 201402,22495.944.81$10,695
Mar 201402,56995.895.06$12,991
Feb 201402,04997.406.19$12,687
Jan 201402,53390.404.86$12,312
Dec 201303,14491.824.35$13,690
Nov 201303,03488.853.74$11,342
Oct 201303,18897.423.78$12,049
Sep 201303,464104.113.72$12,878
Aug 201303,527104.253.52$12,424
Jul 201304,610102.523.72$17,139
Jun 201304,32294.403.93$17,000
May 20131085,31194.834.15$32,277
Apr 201306,68693.964.28$28,633
Mar 201306,89893.623.91$26,991
Feb 201305,66091.233.42$19,357
Jan 201307,42491.603.42$25,389
Dec 20121117,71686.773.42$36,021
Nov 201208,24486.953.62$29,884
Oct 201209,03289.383.40$30,706
Sep 2012010,40694.672.92$30,369
Aug 201208,65292.662.91$25,161
Jul 2012010,94285.133.02$33,054
Jun 20121076,14079.822.52$24,008
May 201207,10691.612.49$17,682
Apr 2012010,026101.652.00$20,020
Mar 201207,058105.052.22$15,683
Feb 201207,667101.102.57$19,706
Jan 201208,99498.092.73$24,590
Dec 2011011,84996.873.24$38,388
Nov 2011013,08395.723.31$43,321
Oct 2011018,20384.983.65$66,414
Sep 2011496,05083.623.99$28,211
Aug 2011010,17883.404.15$42,232
Jul 201108,21594.144.52$37,109
Jun 201104,06192.904.64$18,843
May 201104,69598.134.40$20,681
Apr 2011012,679105.964.33$54,942
Mar 201111716,04196.364.06$76,358
Feb 201109,27385.644.18$38,761
Jan 2011010,20886.504.59$46,842
Dec 201009,52985.734.35$41,430
Nov 2010648,12580.843.80$36,011
Oct 2010014,25578.103.51$50,019
Sep 201011611,84972.633.98$55,578
Aug 201005,67173.684.42$25,062
Jul 2010865,36072.554.74$31,627
Jun 201005,34370.364.91$26,236
May 201006,42871.124.24$27,224
Apr 201006,68281.694.12$27,548
Mar 20101177,10778.394.39$40,362
Feb 201007,19073.585.44$39,131
Jan 20106210,55474.365.96$67,555
Dec 2009010,25471.445.48$56,230
Nov 200909,58574.593.75$35,958
Oct 20095310,37472.544.11$46,484
Sep 2009010,80965.543.06$33,127
Aug 2009028,17667.423.22$90,684
Jul 2009034,23661.133.46$118,611
Jun 2009027,31066.163.90$106,372
May 2009014,17754.743.93$55,655
Apr 2009029,64346.773.59$106,344
Mar 2009044,16042.144.06$179,245
Feb 2009077,04232.814.63$356,936
Jan 20090132,71235.865.37$712,796
Dec 20083163,29837.105.98$976,166
Nov 20080223,63655.496.86$1,534,223
Oct 2008072,33975.246.92$500,729

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                  755 Mcf  × $  3.05 =     $2,300

────────────────────────────────────────────────────
Month total                                   $2,300

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/243740 is the state's own key, not one this site invented.