MARTINEZ, E.T.

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the LA PERLA (WILCOX 6800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 289708District 04Field 509258602 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Oct 2016 – May 2026
Value, last 12 filed months
$129 k
at the published price for each month
Months reported
116
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 34 leases and 34 wells, and the rule below applies to all of them.

Discovered
1977-08-13
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: FIELD RETURNED TO ALLOCATION FORMULA EFFECTIVE 08/01/83

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
NGPA1none
ST-1212023-04-272 dockets

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
CondensateDisposition879 bbl$55,090
GasProduction592,095 Mcf$1,990,019
Total$2,045,110

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 27.2934, -99.3825. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.29336, -99.38254 · 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
8,737 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 8,737 ft.

Completions filed
Oct 2016
1 of 1 wells

1 well

42-5053113648,737 ftOct 2016

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 (116)

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

116 months

May 2026632,843106.413.05$15,363
Apr 202602,48198.932.87$7,120
Mar 202602,63889.753.15$8,308
Feb 202602,39063.503.75$8,963
Jan 202602,76559.138.00$22,114
Dec 202502,64656.664.41$11,678
Nov 202502,73458.593.93$10,735
Oct 202502,86759.383.30$9,475
Sep 202502,71162.743.08$8,342
Aug 202502,83663.933.01$8,550
Jul 202502,88466.743.32$9,561
Jun 202502,80266.483.13$8,767
May 202502,91160.553.23$9,409
Apr 20251102,82062.363.54$16,851
Mar 202502,89167.704.27$12,340
Feb 2025592,64270.884.34$15,650
Jan 202502,93774.324.28$12,566
Dec 202402,90968.993.12$9,080
Nov 202402,54569.052.20$5,595
Oct 202403,04571.372.28$6,947
Sep 202402,92169.612.36$6,906
Aug 202403,05175.632.06$6,296
Jul 202403,14379.932.15$6,747
Jun 202403,21378.082.63$8,463
May 202403,34178.812.20$7,345
Apr 202403,30884.451.66$5,489
Mar 202403,41980.301.55$5,283
Feb 202403,20576.091.78$5,717
Jan 202403,42573.023.30$11,294
Dec 20231133,45871.262.61$17,080
Nov 202303,45077.892.81$9,686
Oct 202303,60985.443.09$11,142
Sep 202303,58889.042.74$9,813
Aug 202303,80680.522.67$10,173
Jul 202303,79374.852.64$10,020
Jun 202303,66668.962.26$8,280
May 202303,88670.622.23$8,656
Apr 202304,01878.122.24$8,991
Mar 202304,30372.852.39$10,298
Feb 202303,84875.112.47$9,488
Jan 202304,42176.533.39$14,977
Dec 202204,45576.415.73$25,523
Nov 202204,35785.005.65$24,600
Oct 202204,53587.185.86$26,592
Sep 202204,41084.888.16$36,002
Aug 202204,71294.529.13$43,007
Jul 202204,746101.587.54$35,795
Jun 202204,570115.097.98$36,456
May 202204,693109.378.43$39,576
Apr 202204,493104.226.84$30,721
Mar 202204,778108.885.08$24,255
Feb 202204,35591.054.86$21,160
Jan 2022415,33481.844.54$27,559
Dec 202105,52171.323.90$21,527
Nov 202104,95377.435.24$25,938
Oct 202105,24279.795.71$29,952
Sep 202104,74969.865.35$25,412
Aug 202105,09366.024.22$21,495
Jul 202105,05070.783.98$20,110
Jun 202105,04069.493.38$17,038
May 202105,22763.483.02$15,773
Apr 2021395,10160.362.76$16,425
Mar 202105,39261.302.72$14,650
Feb 202104,76157.805.55$26,414
Jan 2021245,51650.412.81$16,711
Dec 202004,92144.642.68$13,166
Nov 202005,41938.772.71$14,667
Oct 202005,89836.972.48$14,618
Sep 202003,85137.091.99$7,668
Aug 202005,51539.982.39$13,154
Jul 202005,69638.371.83$10,396
Jun 202005,51934.901.69$9,329
May 202005,77716.921.81$10,484
Apr 2020495,61614.751.80$10,856
Mar 202005,78530.341.86$10,738
Feb 202005,35749.881.98$10,610
Jan 202005,80557.252.09$12,160
Dec 201905,98359.012.30$13,787
Nov 2019355,70255.302.75$17,620
Oct 201905,90053.472.42$14,269
Sep 201905,82055.052.66$15,465
Aug 201905,98853.112.30$13,799
Jul 201906,09856.272.46$15,001
Jun 201905,88452.782.49$14,658
May 2019685,96358.482.74$20,317
Apr 201905,78962.632.75$15,924
Mar 201906,18756.803.06$18,945
Feb 201905,65450.852.79$15,787
Jan 2019586,33746.033.23$23,127
Dec 201806,49046.594.19$27,164
Nov 201806,30252.934.24$26,703
Oct 201806,68261.443.40$22,706
Sep 201806,53259.543.11$20,301
Aug 201806,85159.403.07$21,009
Jul 201806,77265.142.93$19,855
Jun 2018526,24260.183.08$22,335
May 201806,88665.382.90$19,975
Apr 2018476,63663.842.90$22,250
Mar 201806,89161.222.79$19,204
Feb 201806,24961.782.77$17,285
Jan 2018789,48162.874.01$42,916
Dec 201707,35857.272.92$21,497
Nov 201707,16055.423.12$22,327
Oct 201707,60349.292.98$22,685
Sep 2017327,35847.523.09$24,237
Aug 201707,90445.373.00$23,747
Jul 201708,04343.873.09$24,831
Jun 201707,87942.493.09$24,325
May 201708,35445.373.26$27,262
Apr 201707,96547.933.21$25,580
Mar 2017118,72546.772.98$26,547
Feb 201707,94950.452.95$23,470
Jan 201708,89549.413.42$30,410
Dec 2016010,04348.763.72$37,388
Nov 2016011,19442.492.64$29,601
Oct 201609,93546.193.09$30,702

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            63 bbl  × $106.41 =     $6,704
Gas                2,843 Mcf  × $  3.05 =     $8,659

────────────────────────────────────────────────────
Month total                                  $15,363

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/289708 is the state's own key, not one this site invented.