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 251834District 04Field 861824762 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Feb 2009 – May 2026
Value, last 12 filed months
$85 k
at the published price for each month
Months reported
208
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 Gas112010-09-21199253
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
CondensateDisposition798 bbl$49,900
GasProduction664,895 Mcf$2,338,743
Total$2,388,642

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 27.2053, -99.1002. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.20535, -99.10020 · 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
11,567 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 11,567 ft.

Completions filed
Jul 2017
1 of 1 wells

1 well

42-505363354ST11,567 ftJul 2017

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 (208)

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

208 months

May 202602,706106.413.05$8,242
Apr 202603,83798.932.87$11,011
Mar 202602,08889.753.15$6,576
Feb 202601,96363.503.75$7,362
Jan 202601,71159.138.00$13,684
Dec 202502,06156.664.41$9,096
Nov 202502,36858.593.93$9,298
Oct 202501,21559.383.30$4,015
Sep 202502,07962.743.08$6,397
Aug 202501,72063.933.01$5,185
Jul 2025063366.743.32$2,099
Jun 2025063166.483.13$1,974
May 202501,06060.553.23$3,426
Apr 202501,46262.363.54$5,180
Mar 202502,05667.704.27$8,776
Feb 2025077370.884.34$3,355
Jan 202501,35474.324.28$5,793
Dec 202401,39668.993.12$4,357
Nov 202401,26369.052.20$2,777
Oct 202401,83471.372.28$4,184
Sep 202401,02269.612.36$2,416
Aug 202402,41975.632.06$4,992
Jul 202402,74379.932.15$5,888
Jun 202402,65478.082.63$6,991
May 202402,66878.812.20$5,865
Apr 202402,65484.451.66$4,404
Mar 202402,22880.301.55$3,443
Feb 202402,13276.091.78$3,803
Jan 202402,77373.023.30$9,144
Dec 202302,30571.262.61$6,018
Nov 202302,42777.892.81$6,814
Oct 202302,60485.443.09$8,039
Sep 202302,61789.042.74$7,158
Aug 202302,49080.522.67$6,655
Jul 202302,52674.852.64$6,673
Jun 202302,35568.962.26$5,319
May 202302,40270.622.23$5,350
Apr 202302,32278.122.24$5,196
Mar 202302,59472.852.39$6,208
Feb 202302,22475.112.47$5,484
Jan 202302,59476.533.39$8,788
Dec 202202,48176.415.73$14,214
Nov 202202,20985.005.65$12,472
Oct 202202,47287.185.86$14,495
Sep 202202,35884.888.16$19,250
Aug 202202,77394.529.13$25,310
Jul 202202,612101.587.54$19,700
Jun 202202,525115.097.98$20,142
May 202202,808109.378.43$23,680
Apr 202202,753104.226.84$18,824
Mar 202202,784108.885.08$14,133
Feb 202202,67991.054.86$13,017
Jan 202202,64181.844.54$11,984
Dec 202103,07071.323.90$11,970
Nov 202102,92977.435.24$15,339
Oct 202102,61779.795.71$14,953
Sep 202102,70269.865.35$14,458
Aug 202103,08666.024.22$13,025
Jul 202102,99570.783.98$11,926
Jun 202102,80069.493.38$9,466
May 202103,08863.483.02$9,319
Apr 202102,99960.362.76$8,273
Mar 202102,92561.302.72$7,947
Feb 202103,02657.805.55$16,788
Jan 202103,19350.412.81$8,973
Dec 202003,26044.642.68$8,722
Nov 202003,22138.772.71$8,718
Oct 2020563,63836.972.48$11,087
Sep 202002,78437.091.99$5,543
Aug 202002,16339.982.39$5,159
Jul 202002,62338.371.83$4,787
Jun 202003,15634.901.69$5,335
May 202002,70116.921.81$4,902
Apr 202003,16514.751.80$5,711
Mar 202002,26930.341.86$4,212
Feb 202002,80549.881.98$5,556
Jan 202003,17157.252.09$6,642
Dec 201902,91359.012.30$6,713
Nov 201902,83055.302.75$7,784
Oct 201903,33753.472.42$8,071
Sep 201903,30555.052.66$8,782
Aug 201902,77153.112.30$6,385
Jul 201903,42456.272.46$8,423
Jun 20191783,24452.782.49$17,476
May 201903,56958.482.74$9,780
Apr 201902,76562.632.75$7,606
Mar 201903,29956.803.06$10,102
Feb 201903,29250.852.79$9,192
Jan 201903,25546.033.23$10,508
Dec 201802,90146.594.19$12,142
Nov 201803,18852.934.24$13,508
Oct 201803,33261.443.40$11,322
Sep 201803,32359.543.11$10,328
Aug 201803,60659.403.07$11,058
Jul 201803,27865.142.93$9,611
Jun 201803,24560.183.08$9,985
May 201803,52365.382.90$10,220
Apr 201803,18363.842.90$9,233
Mar 201803,75761.222.79$10,470
Feb 20181954,08061.782.77$23,333
Jan 201803,28262.874.01$13,159
Dec 201703,70657.272.92$10,827
Nov 201703,67855.423.12$11,469
Oct 201704,26149.292.98$12,713
Sep 201703,75547.523.09$11,593
Aug 201704,55245.373.00$13,676
Jul 201704,50943.873.09$13,921
Jun 201702,96942.493.09$9,166
May 201702,82345.373.26$9,213
Apr 201702,75847.933.21$8,858
Mar 201702,84346.772.98$8,483
Feb 201702,30250.452.95$6,797
Jan 201702,83449.413.42$9,689
Dec 201603,10548.763.72$11,559
Nov 201603,00942.492.64$7,957
Oct 201602,99446.193.09$9,252
Sep 201602,59841.553.10$8,055
Aug 201603,17641.442.92$9,288
Jul 201603,31141.622.92$9,682
Jun 201603,31845.352.69$8,912
May 201603,37042.521.99$6,710
Apr 201603,36836.561.99$6,706
Mar 201603,53233.011.79$6,336
Feb 201603,39226.472.06$7,000
Jan 201603,62027.352.36$8,559
Dec 201503,59032.362.00$7,185
Nov 201503,49738.792.17$7,579
Oct 2015853,60143.552.43$12,440
Sep 201503,86642.992.76$10,664
Aug 201503,93340.162.87$11,298
Jul 201503,18148.152.95$9,368
Jun 201502,86656.152.88$8,262
May 201503,26755.212.96$9,655
Apr 201504,05449.822.71$10,972
Mar 201503,48742.892.93$10,233
Feb 201503,84744.662.98$11,449
Jan 201501,92743.433.10$5,975
Dec 201402,97154.693.59$10,670
Nov 201403,56970.464.25$15,175
Oct 201403,50478.303.90$13,669
Sep 201403,67886.164.05$14,879
Aug 201404,40689.394.04$17,779
Jul 201403,05096.564.18$12,748
Jun 201402,83598.164.74$13,429
May 2014613,17494.734.73$20,781
Apr 201402,84695.944.81$13,687
Mar 201403,47795.895.06$17,582
Feb 201402,85097.406.19$17,647
Jan 201403,48790.404.86$16,949
Dec 201306,27591.824.35$27,324
Nov 201302,22388.853.74$8,310
Oct 201303,67697.423.78$13,893
Sep 201303,941104.113.72$14,652
Aug 201304,115104.253.52$14,496
Jul 201304,316102.523.72$16,046
Jun 201304,33794.403.93$17,059
May 2013334,32694.834.15$21,078
Apr 201304,08593.964.28$17,494
Mar 201304,27793.623.91$16,735
Feb 201303,71891.233.42$12,715
Jan 201304,09991.603.42$14,018
Dec 2012263,94886.773.42$15,759
Nov 201203,93886.953.62$14,275
Oct 201204,06789.383.40$13,827
Sep 201203,90694.672.92$11,399
Aug 201203,87492.662.91$11,266
Jul 201204,01685.133.02$12,132
Jun 2012233,26379.822.52$10,055
May 201204,16391.612.49$10,359
Apr 201204,200101.652.00$8,387
Mar 201203,990105.052.22$8,866
Feb 201203,993101.102.57$10,263
Jan 201204,18598.092.73$11,442
Dec 201103,91996.873.24$12,697
Nov 201103,93795.723.31$13,037
Oct 201103,30484.983.65$12,055
Sep 2011124,04383.623.99$17,118
Aug 201104,52183.404.15$18,759
Jul 201104,29294.144.52$19,388
Jun 201104,37892.904.64$20,313
May 201104,43898.134.40$19,549
Apr 201104,155105.964.33$18,005
Mar 2011144,50796.364.06$19,635
Feb 201103,61585.644.18$15,111
Jan 201104,11586.504.59$18,883
Dec 201003,30185.734.35$14,352
Nov 201053,22280.843.80$12,633
Oct 201003,28278.103.51$11,516
Sep 2010103,61372.633.98$15,104
Aug 201003,81473.684.42$16,855
Jul 201033,65572.554.74$17,530
Jun 201003,47070.364.91$17,039
May 201003,89571.124.24$16,496
Apr 201003,76481.694.12$15,518
Mar 2010193,81478.394.39$18,228
Feb 201003,43673.585.44$18,700
Jan 2010113,14174.365.96$19,551
Dec 200904,24371.445.48$23,268
Nov 200903,70074.593.75$13,881
Oct 200993,64272.544.11$15,622
Sep 200903,97665.543.06$12,185
Aug 200904,12267.423.22$13,267
Jul 2009143,82861.133.46$14,118
Jun 200904,28466.163.90$16,686
May 2009254,85854.743.93$20,440
Apr 200904,80346.773.59$17,231
Mar 2009197,12642.144.06$29,725
Feb 200905,85932.814.63$27,145

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                2,706 Mcf  × $  3.05 =     $8,242

────────────────────────────────────────────────────
Month total                                   $8,242

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/251834 is the state's own key, not one this site invented.