J. C. MARTIN III 'A' GAS UNIT

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the BARRERA (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 284909District 04Field 058134002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Mar 2018 – May 2026
Value, last 12 filed months
$352 k
at the published price for each month
Months reported
99
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1994-05-19
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA ADMINISTRATIVELY SUSPENDED EFFECTIVE 4/1/95.

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 Gas112020-07-01223201
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
CondensateDisposition7,948 bbl$506,612
GasProduction762,191 Mcf$2,470,403
Total$2,977,016

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 27.3928, -99.3275. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.39277, -99.32747 · 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
9,720 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 9,720 ft.

Completions filed
Sep 2019
1 of 1 wells

1 well

42-4793680269,720 ftSep 2019

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 (99)

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

99 months

May 20261306,886106.413.05$34,807
Apr 202606,47798.932.87$18,587
Mar 202605,52689.753.15$17,404
Feb 20261895,14063.503.75$31,278
Jan 202606,15959.138.00$49,259
Dec 202506,99556.664.41$30,871
Nov 20251837,61758.593.93$40,630
Oct 202506,19259.383.30$20,464
Sep 202506,38062.743.08$19,631
Aug 202507,76563.933.01$23,410
Jul 20251848,26766.743.32$39,687
Jun 202508,20766.483.13$25,677
May 202508,51660.553.23$27,526
Apr 20251429,34062.363.54$41,948
Mar 202508,94067.704.27$38,159
Feb 202506,41770.884.34$27,855
Jan 20251915,94474.324.28$39,628
Dec 202408,93168.993.12$27,877
Nov 20241889,05769.052.20$32,893
Oct 2024010,39171.372.28$23,706
Sep 20241858,40569.612.36$32,750
Aug 202409,61375.632.06$19,838
Jul 20241879,83579.932.15$36,059
Jun 20241878,11478.082.63$35,973
May 202402,79378.812.20$6,140
Apr 20241856,27084.451.66$26,026
Mar 20241903,29880.301.55$20,353
Feb 2024060076.091.78$1,070
Jan 202403,26673.023.30$10,770
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023184080.522.67$14,816
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 202301,16176.533.39$3,933
Dec 20221939,65176.415.73$70,038
Nov 202203,68985.005.65$20,829
Oct 20221869,46887.185.86$71,734
Sep 2022066584.888.16$5,429
Aug 20220094.529.13$0
Jul 202206,705101.587.54$50,570
Jun 20221817,359115.097.98$79,536
May 202207,083109.378.43$59,731
Apr 202208,751104.226.84$59,836
Mar 20221929,794108.885.08$70,623
Feb 20221878,63891.054.86$58,997
Jan 202219111,64781.844.54$68,482
Dec 20211899,52371.323.90$50,611
Nov 202108,05977.435.24$42,204
Oct 20211888,71379.795.71$64,785
Sep 20211877,08069.865.35$50,948
Aug 2021010,27066.024.22$43,345
Jul 20211888,42370.783.98$46,848
Jun 20211889,82469.493.38$46,275
May 2021010,18063.483.02$30,720
Apr 202137211,36160.362.76$53,792
Mar 2021010,83761.302.72$29,443
Feb 20211759,71457.805.55$64,008
Jan 202118711,68350.412.81$42,259
Dec 202018010,16144.642.68$35,221
Nov 202037312,47438.772.71$48,223
Oct 202018813,45236.972.48$40,290
Sep 202018613,67337.091.99$34,122
Aug 202036613,32039.982.39$46,402
Jul 202036713,79038.371.83$39,250
Jun 2020015,09534.901.69$25,515
May 2020014,64616.921.81$26,579
Apr 2020016,47614.751.80$29,729
Mar 202035918,40430.341.86$45,054
Feb 202018820,46749.881.98$49,916
Jan 2020026,56157.252.09$55,638
Dec 2019032,62559.012.30$75,180
Nov 2019029,06955.302.75$79,960
Oct 201918936,37153.472.42$98,071
Sep 20191836,06055.052.66$26,177
Aug 201905,75653.112.30$13,264
Jul 201903,74056.272.46$9,201
Jun 201905,55252.782.49$13,831
May 201905,71658.482.74$15,664
Apr 201905,20262.632.75$14,309
Mar 20191636,19856.803.06$28,237
Feb 201905,67650.852.79$15,849
Jan 201906,36646.033.23$20,551
Dec 2018776,89446.594.19$32,442
Nov 201803,90652.934.24$16,551
Oct 201805,38361.443.40$18,292
Sep 201807,53959.543.11$23,431
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0

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           130 bbl  × $106.41 =    $13,833
Gas                6,886 Mcf  × $  3.05 =    $20,974

────────────────────────────────────────────────────
Month total                                  $34,807

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/284909 is the state's own key, not one this site invented.