MARTINEZ, MERCURIO

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

Gas lease lease 248469District 04Field 462164032 tax incentive programmesGasSaveExport
Value, all time
$6.4 M
Jan 2009 – May 2026
Value, last 12 filed months
$105 k
at the published price for each month
Months reported
209
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 246 leases and 246 wells, and the rule below applies to all of them.

Discovered
1998-09-22
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 2010-11-02.

The Commission's schedule remark for this field reads: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

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 Gas112010-10-15200006
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
GasProduction1,683,958 Mcf$6,420,370
Total$6,420,370

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 27.2268, -99.1725. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.22684, -99.17249 · 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
11,920 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 11,920 ft.

Completions filed
Jan 2009
1 of 1 wells

1 well

42-50536189111,920 ftJan 2009

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 (209)

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

209 months

May 20262,261106.413.05$6,887
Apr 20262,32898.932.87$6,681
Mar 20262,36589.753.15$7,448
Feb 20262,11163.503.75$7,917
Jan 20262,39159.138.00$19,123
Dec 20252,26856.664.41$10,010
Nov 20252,26058.593.93$8,874
Oct 20252,39059.383.30$7,899
Sep 20252,30162.743.08$7,080
Aug 20252,49763.933.01$7,528
Jul 20252,38566.743.32$7,907
Jun 20252,38966.483.13$7,475
May 20252,49560.553.23$8,065
Apr 20252,30562.363.54$8,167
Mar 20252,11367.704.27$9,019
Feb 20251,95770.884.34$8,495
Jan 20252,18174.324.28$9,332
Dec 20242,38968.993.12$7,457
Nov 20242,33469.052.20$5,131
Oct 20242,23171.372.28$5,090
Sep 20242,38969.612.36$5,648
Aug 20242,57875.632.06$5,320
Jul 20242,60079.932.15$5,581
Jun 20242,67878.082.63$7,054
May 20242,83678.812.20$6,235
Apr 20242,70684.451.66$4,490
Mar 20242,79080.301.55$4,311
Feb 20242,55976.091.78$4,564
Jan 20242,47573.023.30$8,162
Dec 20232,77771.262.61$7,250
Nov 20232,33177.892.81$6,544
Oct 20232,53085.443.09$7,811
Sep 20233,26589.042.74$8,930
Aug 20231,76380.522.67$4,712
Jul 20232,60274.852.64$6,874
Jun 20232,78068.962.26$6,279
May 20232,83470.622.23$6,312
Apr 20232,95778.122.24$6,617
Mar 20232,98172.852.39$7,134
Feb 20232,98575.112.47$7,360
Jan 20233,45376.533.39$11,698
Dec 20223,32076.415.73$19,021
Nov 20223,39185.005.65$19,146
Oct 20223,49687.185.86$20,500
Sep 20223,11684.888.16$25,438
Aug 20223,32394.529.13$30,330
Jul 20223,368101.587.54$25,402
Jun 20223,307115.097.98$26,381
May 20223,437109.378.43$28,984
Apr 20223,200104.226.84$21,880
Mar 20223,194108.885.08$16,214
Feb 20222,75291.054.86$13,372
Jan 20222,75081.844.54$12,479
Dec 20213,23571.323.90$12,614
Nov 20214,36277.435.24$22,843
Oct 202185479.795.71$4,880
Sep 20213,08669.865.35$16,513
Aug 20213,11966.024.22$13,164
Jul 20213,41970.783.98$13,615
Jun 20213,12169.493.38$10,551
May 20213,14463.483.02$9,488
Apr 20213,02460.362.76$8,341
Mar 20213,35561.302.72$9,115
Feb 20212,97757.805.55$16,516
Jan 20213,39850.412.81$9,549
Dec 20203,26944.642.68$8,746
Nov 20203,38638.772.71$9,164
Oct 20203,55236.972.48$8,803
Sep 20204,99837.091.99$9,951
Aug 20205,93739.982.39$14,160
Jul 20205,48938.371.83$10,018
Jun 20205,02634.901.69$8,496
May 20204,62416.921.81$8,391
Apr 20204,63314.751.80$8,360
Mar 20205,30330.341.86$9,844
Feb 20204,25749.881.98$8,432
Jan 20205,22557.252.09$10,945
Dec 20195,36359.012.30$12,358
Nov 20195,14655.302.75$14,155
Oct 20195,85653.472.42$14,163
Sep 20195,34255.052.66$14,195
Aug 20195,08753.112.30$11,722
Jul 20195,51156.272.46$13,557
Jun 20195,45352.782.49$13,585
May 20195,78458.482.74$15,850
Apr 20194,94362.632.75$13,597
Mar 20194,82556.803.06$14,775
Feb 20194,69650.852.79$13,112
Jan 20194,99746.033.23$16,131
Dec 20184,63446.594.19$19,395
Nov 20184,67252.934.24$19,796
Oct 20184,81661.443.40$16,365
Sep 20183,92559.543.11$12,199
Aug 20184,65259.403.07$14,266
Jul 20185,68865.142.93$16,677
Jun 20184,23360.183.08$13,025
May 20184,63565.382.90$13,445
Apr 20186,21763.842.90$18,034
Mar 20186,74561.222.79$18,797
Feb 20186,68861.782.77$18,500
Jan 20187,19662.874.01$28,851
Dec 20176,93657.272.92$20,264
Nov 20177,29555.423.12$22,748
Oct 20177,56049.292.98$22,557
Sep 20177,51947.523.09$23,213
Aug 20177,70445.373.00$23,146
Jul 20177,93343.873.09$24,491
Jun 20176,76142.493.09$20,873
May 20178,53845.373.26$27,863
Apr 20176,09547.933.21$19,575
Mar 20177,08646.772.98$21,142
Feb 20174,72550.452.95$13,951
Jan 20175,11249.413.42$17,477
Dec 20165,59048.763.72$20,811
Nov 20165,55242.492.64$14,681
Oct 20165,95746.193.09$18,409
Sep 20165,74841.553.10$17,822
Aug 20166,31941.442.92$18,479
Jul 20165,91241.622.92$17,289
Jun 20165,23745.352.69$14,066
May 20165,09542.521.99$10,144
Apr 20164,81036.561.99$9,577
Mar 201610,47833.011.79$18,798
Feb 20168,24026.472.06$17,004
Jan 20164,88727.352.36$11,555
Dec 20154,10332.362.00$8,212
Nov 20154,95938.792.17$10,748
Oct 20156,06943.552.43$14,727
Sep 20154,56042.992.76$12,578
Aug 20155,07940.162.87$14,589
Jul 20155,54848.152.95$16,339
Jun 20155,25256.152.88$15,141
May 20155,48455.212.96$16,208
Apr 20155,36349.822.71$14,515
Mar 20155,00642.892.93$14,691
Feb 20155,00244.662.98$14,887
Jan 20155,78643.433.10$17,940
Dec 20145,76554.693.59$20,704
Nov 20145,66870.464.25$24,099
Oct 20146,03578.303.90$23,542
Sep 20145,83986.164.05$23,621
Aug 20146,13289.394.04$24,743
Jul 20146,42596.564.18$26,854
Jun 20146,30498.164.74$29,861
May 20146,38394.734.73$30,170
Apr 20146,31295.944.81$30,355
Mar 20147,06895.895.06$35,741
Feb 20146,41697.406.19$39,728
Jan 20147,78390.404.86$37,831
Dec 20138,46491.824.35$36,856
Nov 20139,68488.853.74$36,202
Oct 201310,47797.423.78$39,596
Sep 201311,406104.113.72$42,405
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 201376594.834.15$3,174
Apr 20134,90193.964.28$20,989
Mar 20137,49593.623.91$29,327
Feb 20136,87891.233.42$23,522
Jan 20136,98591.603.42$23,888
Dec 20127,76486.773.42$26,554
Nov 20127,78786.953.62$28,228
Oct 20128,10289.383.40$27,544
Sep 20126,88194.672.92$20,082
Aug 20129,48392.662.91$27,578
Jul 20126,09885.133.02$18,421
Jun 20126,29079.822.52$15,845
May 20128,05691.612.49$20,046
Apr 20127,821101.652.00$15,617
Mar 20128,188105.052.22$18,194
Feb 20128,096101.102.57$20,809
Jan 20128,76498.092.73$23,961
Dec 20118,52196.873.24$27,606
Nov 20118,93195.723.31$29,573
Oct 20119,63184.983.65$35,139
Sep 20119,41983.623.99$37,542
Aug 20119,78383.404.15$40,593
Jul 201110,11394.144.52$45,683
Jun 20119,55292.904.64$44,320
May 201110,19698.134.40$44,912
Apr 201110,193105.964.33$44,169
Mar 201111,27096.364.06$45,726
Feb 201110,52885.644.18$44,007
Jan 201112,17986.504.59$55,887
Dec 201012,59385.734.35$54,751
Nov 201011,96180.843.80$45,396
Oct 201012,11678.103.51$42,514
Sep 201011,80172.633.98$46,962
Aug 201012,46973.684.42$55,105
Jul 201013,51072.554.74$63,990
Jun 201015,57770.364.91$76,489
May 201017,76871.124.24$75,251
Apr 201021,72781.694.12$89,574
Mar 201013,93878.394.39$61,169
Feb 201014,08973.585.44$76,677
Jan 201015,92674.365.96$94,984
Dec 200917,50571.445.48$95,993
Nov 200919,78674.593.75$74,227
Oct 200920,94672.544.11$86,093
Sep 200922,35165.543.06$68,500
Aug 200925,50767.423.22$82,094
Jul 200931,38661.133.46$108,737
Jun 200938,54166.163.90$150,117
May 200947,87554.743.93$187,945
Apr 200958,38646.773.59$209,460
Mar 200963,68742.144.06$258,506
Feb 2009113,63132.814.63$526,452
Jan 2009113,38035.865.37$608,964

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                2,261 Mcf  × $  3.05 =     $6,887

────────────────────────────────────────────────────
Month total                                   $6,887

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/248469 is the state's own key, not one this site invented.