MARTIN, J. C.

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

Gas lease lease 249633District 04Field 50925015CondensateGasSaveExport
Value, all time
$228 k
Apr 2008 – May 2026
Value, last 12 filed months
$169
at the published price for each month
Months reported
218
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 719 leases and 719 wells, and the rule below applies to all of them.

Discovered
1999-06-29
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.

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 bbl$60
GasProduction30,083 Mcf$228,016
Total$228,077

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 27.1077, -99.3690. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.10775, -99.36902 · 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
10,120 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 10,120 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-50531587910,120 ftApr 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 (218)

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

218 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 202505562.743.08$169
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 202502060.553.23$65
Apr 20250062.363.54$0
Mar 202502667.704.27$111
Feb 202505670.884.34$243
Jan 202501374.324.28$56
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 202402775.632.06$56
Jul 202401479.932.15$30
Jun 20240678.082.63$16
May 202402178.812.20$46
Apr 20240684.451.66$10
Mar 202403480.301.55$53
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202305571.262.61$144
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 20230868.962.26$18
May 20230270.622.23$4
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202302775.112.47$67
Jan 202303976.533.39$132
Dec 202206176.415.73$349
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 202204194.529.13$374
Jul 2022042101.587.54$317
Jun 202200115.097.98$0
May 2022024109.378.43$202
Apr 2022049104.226.84$335
Mar 2022039108.885.08$198
Feb 202201391.054.86$63
Jan 202202981.844.54$132
Dec 202103671.323.90$140
Nov 202107177.435.24$372
Oct 20210079.795.71$0
Sep 202101669.865.35$86
Aug 202101166.024.22$46
Jul 202104070.783.98$159
Jun 202109469.493.38$318
May 20210063.483.02$0
Apr 202104960.362.76$135
Mar 20210061.302.72$0
Feb 202108057.805.55$444
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 202004438.772.71$119
Oct 202002736.972.48$67
Sep 202007937.091.99$157
Aug 202004639.982.39$110
Jul 20200038.371.83$0
Jun 202003834.901.69$64
May 202003416.921.81$62
Apr 202008814.751.80$159
Mar 20200030.341.86$0
Feb 202005149.881.98$101
Jan 20200057.252.09$0
Dec 201904459.012.30$101
Nov 201909655.302.75$264
Oct 20190953.472.42$22
Sep 201902655.052.66$69
Aug 201902753.112.30$62
Jul 201905656.272.46$138
Jun 20190052.782.49$0
May 201904458.482.74$121
Apr 20190062.632.75$0
Mar 201901156.803.06$34
Feb 2019010450.852.79$290
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20181960.183.08$88
May 201804465.382.90$128
Apr 201803963.842.90$113
Mar 201804561.222.79$125
Feb 201802061.782.77$55
Jan 201805462.874.01$217
Dec 2017044257.272.92$1,291
Nov 2017011855.423.12$368
Oct 201705549.292.98$164
Sep 201706647.523.09$204
Aug 201705045.373.00$150
Jul 201704843.873.09$148
Jun 201703342.493.09$102
May 201706645.373.26$215
Apr 201706547.933.21$209
Mar 201705446.772.98$161
Feb 2017021350.452.95$629
Jan 2017024949.413.42$851
Dec 2016015648.763.72$581
Nov 201605042.492.64$132
Oct 201603846.193.09$117
Sep 201603541.553.10$109
Aug 201602241.442.92$64
Jul 201607141.622.92$208
Jun 201607345.352.69$196
May 2016014042.521.99$279
Apr 201605436.561.99$108
Mar 2016018633.011.79$334
Feb 2016037626.472.06$776
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120986.773.42$31
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201208185.133.02$245
Jun 20120279.822.52$5
May 201208791.612.49$216
Apr 2012057101.652.00$114
Mar 2012037105.052.22$82
Feb 2012077101.102.57$198
Jan 2012024198.092.73$659
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 2011031105.964.33$134
Mar 201104296.364.06$170
Feb 201106785.644.18$280
Jan 201103786.504.59$170
Dec 201009085.734.35$391
Nov 2010011380.843.80$429
Oct 2010011778.103.51$411
Sep 2010013372.633.98$529
Aug 2010018473.684.42$813
Jul 2010018972.554.74$895
Jun 2010012770.364.91$624
May 2010022971.124.24$970
Apr 2010024081.694.12$989
Mar 201008678.394.39$377
Feb 2010061073.585.44$3,320
Jan 2010024474.365.96$1,455
Dec 2009030271.445.48$1,656
Nov 2009031674.593.75$1,185
Oct 2009026072.544.11$1,069
Sep 2009032165.543.06$984
Aug 2009037867.423.22$1,217
Jul 2009029261.133.46$1,012
Jun 2009040766.163.90$1,585
May 2009045554.743.93$1,786
Apr 2009050346.773.59$1,805
Mar 2009045642.144.06$1,851
Feb 2009064232.814.63$2,974
Jan 2009016035.865.37$859
Dec 2008075637.105.98$4,519
Nov 2008069655.496.86$4,775
Oct 2008066475.246.92$4,596
Sep 20080672101.767.88$5,293
Aug 20080938114.228.48$7,957
Jul 200801,620131.0811.39$18,451
Jun 200801,578131.3313.03$20,565
May 200802,871123.1711.57$33,230
Apr 200807,867110.3110.45$82,248

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.

Sep 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.74 =         $0
Gas                   55 Mcf  × $  3.08 =       $169

────────────────────────────────────────────────────
Month total                                     $169

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/249633 is the state's own key, not one this site invented.