MARTINEZ G.U.

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the LOPEZ RANCH (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 245527District 04Field 548954002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Jan 2009 – Apr 2024
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
184
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 72 leases and 72 wells, and the rule below applies to all of them.

Discovered
2008-07-29
as the register files it
Field class
Gas
the register's own label
Between wells
660 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 2008-07-29.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 04/01/2009.

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 Gas112010-05-24198261
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
CondensateDisposition8,224 bbl$510,055
GasProduction303,857 Mcf$1,233,979
Total$1,744,034

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 26.9207, -98.2052. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.92069, -98.20522 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
11,570 ft
1 wells filed one
Completion to plug
12.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 11,570 ft.

Completions filed
Jan 2009
1 of 1 wells
Plug dates filed
Nov 2021
1 of 1 wells

Last completion to plug: a median of 12.8 years across the 1 well that filed both dates, with the middle half between 12.8 years and 12.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-04732398111,570 ftJan 2009Nov 2021Yes

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 (184)

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

184 months

Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 202420076.091.78$1,522
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 202231081.844.54$2,537
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202074014.751.80$1,092
Mar 2020075030.341.86$1,392
Feb 2020058149.881.98$1,151
Jan 2020058157.252.09$1,217
Dec 2019081959.012.30$1,887
Nov 201918166555.302.75$11,839
Oct 2019049553.472.42$1,197
Sep 2019060455.052.66$1,605
Aug 2019053953.112.30$1,242
Jul 2019059956.272.46$1,474
Jun 2019080452.782.49$2,003
May 2019042758.482.74$1,170
Apr 2019054962.632.75$1,510
Mar 2019044656.803.06$1,366
Feb 2019065650.852.79$1,832
Jan 2019079146.033.23$2,553
Dec 20181871,31846.594.19$14,229
Nov 2018036952.934.24$1,564
Oct 201801,20261.443.40$4,084
Sep 2018042659.543.11$1,324
Aug 2018072859.403.07$2,232
Jul 201835983065.142.93$25,819
Jun 2018095960.183.08$2,951
May 2018079065.382.90$2,292
Apr 201801,25163.842.90$3,629
Mar 2018047861.222.79$1,332
Feb 201801,73861.782.77$4,808
Jan 2018013162.874.01$525
Dec 2017017657.272.92$514
Nov 2017095655.423.12$2,981
Oct 201701,18249.292.98$3,527
Sep 201701,85047.523.09$5,711
Aug 20170045.373.00$0
Jul 2017037043.873.09$1,142
Jun 2017093042.493.09$2,871
May 2017095245.373.26$3,107
Apr 2017095947.933.21$3,080
Mar 201719292446.772.98$11,737
Feb 2017082850.452.95$2,445
Jan 2017090649.413.42$3,097
Dec 2016097648.763.72$3,633
Nov 2016093242.492.64$2,465
Oct 20161921,03146.193.09$12,055
Sep 2016072941.553.10$2,260
Aug 2016082241.442.92$2,404
Jul 2016080541.622.92$2,354
Jun 2016057245.352.69$1,536
May 201601,27842.521.99$2,545
Apr 201601,33036.561.99$2,648
Mar 2016094833.011.79$1,701
Feb 201601,27826.472.06$2,637
Jan 201601,08927.352.36$2,575
Dec 2015091132.362.00$1,823
Nov 201501,37038.792.17$2,969
Oct 201501,40843.552.43$3,417
Sep 201501,23642.992.76$3,409
Aug 201501,38640.162.87$3,981
Jul 201501,20748.152.95$3,555
Jun 201501,09456.152.88$3,154
May 201501,15055.212.96$3,399
Apr 201501,10949.822.71$3,002
Mar 20151921,18642.892.93$11,715
Feb 201501,19144.662.98$3,545
Jan 201501,33143.433.10$4,127
Dec 201401,33454.693.59$4,791
Nov 201401,08470.464.25$4,609
Oct 201401,29678.303.90$5,056
Sep 20141921,05886.164.05$20,823
Aug 201401,00489.394.04$4,051
Jul 201401,15396.564.18$4,819
Jun 201401,19898.164.74$5,675
May 201401,09794.734.73$5,185
Apr 201419594395.944.81$23,243
Mar 201401,09995.895.06$5,557
Feb 201401,08397.406.19$6,706
Jan 201401,14990.404.86$5,585
Dec 20131961,64691.824.35$25,164
Nov 201302,85088.853.74$10,654
Oct 20130097.423.78$0
Sep 20130734104.113.72$2,729
Aug 201301,258104.253.52$4,431
Jul 201301,268102.523.72$4,714
Jun 20131921,28894.403.93$23,191
May 201301,40894.834.15$5,842
Apr 201301,44893.964.28$6,201
Mar 201301,64393.623.91$6,429
Feb 201301,33091.233.42$4,548
Jan 201301,76191.603.42$6,022
Dec 20121921,41786.773.42$21,506
Nov 201201,62686.953.62$5,894
Oct 2012059989.383.40$2,036
Sep 2012010594.672.92$306
Aug 2012035092.662.91$1,018
Jul 201219332685.133.02$17,415
Jun 2012058179.822.52$1,464
May 201201,19491.612.49$2,971
Apr 201201,317101.652.00$2,630
Mar 20121911,553105.052.22$23,515
Feb 201201,575101.102.57$4,048
Jan 201201,82498.092.73$4,987
Dec 201101,74396.873.24$5,647
Nov 201101,51195.723.31$5,003
Oct 20111932,13184.983.65$24,176
Sep 201102,20683.623.99$8,793
Aug 201102,24283.404.15$9,303
Jul 201102,43294.144.52$10,986
Jun 20111752,40692.904.64$27,421
May 201101,99898.134.40$8,801
Apr 20111932,366105.964.33$30,703
Mar 201102,67396.364.06$10,845
Feb 201102,35785.644.18$9,852
Jan 2011072386.504.59$3,318
Dec 20102811,96585.734.35$32,633
Nov 201001,78080.843.80$6,756
Oct 201001,83178.103.51$6,425
Sep 20101911,78272.633.98$20,964
Aug 201001,94273.684.42$8,582
Jul 201001,92572.554.74$9,118
Jun 20101901,82070.364.91$22,305
May 201002,19671.124.24$9,301
Apr 20101942,33181.694.12$25,458
Mar 20101922,65978.394.39$26,720
Feb 201002,58273.585.44$14,052
Jan 201003,08574.365.96$18,399
Dec 20091833,25971.445.48$30,945
Nov 200903,26274.593.75$12,237
Oct 20091644,64872.544.11$31,001
Sep 20091785,11965.543.06$27,355
Aug 20091905,91567.423.22$31,847
Jul 200906,27561.133.46$21,740
Jun 20091897,38966.163.90$41,284
May 20091938,40154.743.93$43,545
Apr 200938810,25746.773.59$54,944
Mar 200958519,86442.144.06$105,280
Feb 200958825,20932.814.63$136,086
Jan 20091,17855,04635.865.37$337,895

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.

Feb 2024 — as filed, then multipliedworked
Condensate            20 bbl  × $ 76.09 =     $1,522
Gas                    0 Mcf  × $  1.78 =         $0

────────────────────────────────────────────────────
Month total                                   $1,522

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/245527 is the state's own key, not one this site invented.