MARTIN, J. C.

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

Gas lease lease 65406District 04Field 44957500CondensateGasSaveExport
Value, all time
$1.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$59 k
at the published price for each month
Months reported
401
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 207 leases and 207 wells, and the rule below applies to all of them.

Discovered
1977-03-01
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 2008-11-12.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA TO REMAIN SUSPENDED.

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
CondensateDisposition4 bbl$251
GasProduction369,513 Mcf$1,392,155
Total$1,392,406

14,933 Mcf of this lease's gas, across 14 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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.

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
10,021 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 10,021 ft.

Completions filed
Feb 1976
1 of 1 wells

1 well

42-50530402510,021 ftFeb 1976

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 (401)

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

401 months

May 202601,217106.413.05$3,707
Apr 202601,16298.932.87$3,335
Mar 202601,25789.753.15$3,959
Feb 202601,16863.503.75$4,380
Jan 202601,29459.138.00$10,349
Dec 202501,34256.664.41$5,923
Nov 202511,36758.593.93$5,426
Oct 202501,47759.383.30$4,881
Sep 202501,38862.743.08$4,271
Aug 202501,44963.933.01$4,368
Jul 202501,55266.743.32$5,145
Jun 2025190966.483.13$2,910
May 2025088760.553.23$2,867
Apr 202501,38562.363.54$4,907
Mar 202501,43267.704.27$6,112
Feb 202511,23970.884.34$5,449
Jan 202501,38874.324.28$5,939
Dec 202401,40268.993.12$4,376
Nov 202401,36469.052.20$2,999
Oct 202401,36171.372.28$3,105
Sep 202401,34469.612.36$3,178
Aug 202401,38375.632.06$2,854
Jul 202401,39379.932.15$2,990
Jun 202401,38678.082.63$3,651
May 202401,36578.812.20$3,001
Apr 202401,43084.451.66$2,373
Mar 202401,14180.301.55$1,763
Feb 202401,29576.091.78$2,310
Jan 202401,39973.023.30$4,613
Dec 202301,42971.262.61$3,731
Nov 202301,44577.892.81$4,057
Oct 202301,35385.443.09$4,177
Sep 2023018589.042.74$506
Aug 2023038880.522.67$1,037
Jul 2023045374.852.64$1,197
Jun 2023048368.962.26$1,091
May 2023075770.622.23$1,686
Apr 2023049778.122.24$1,112
Mar 2023084372.852.39$2,017
Feb 2023061475.112.47$1,514
Jan 202301,11776.533.39$3,784
Dec 2022054976.415.73$3,145
Nov 2022074885.005.65$4,223
Oct 202201,19387.185.86$6,995
Sep 2022082884.888.16$6,760
Aug 202201,23694.529.13$11,281
Jul 202201,087101.587.54$8,198
Jun 202201,172115.097.98$9,349
May 202201,239109.378.43$10,449
Apr 202201,234104.226.84$8,438
Mar 202201,084108.885.08$5,503
Feb 202201,25191.054.86$6,078
Jan 202201,19481.844.54$5,418
Dec 202101,24671.323.90$4,858
Nov 202101,39277.435.24$7,290
Oct 202101,42579.795.71$8,142
Sep 202101,32169.865.35$7,069
Aug 202101,38666.024.22$5,850
Jul 202101,43470.783.98$5,710
Jun 202101,42369.493.38$4,811
May 202101,56263.483.02$4,714
Apr 202101,47160.362.76$4,058
Mar 202101,44161.302.72$3,915
Feb 202101,04457.805.55$5,792
Jan 202101,37150.412.81$3,853
Dec 202001,38544.642.68$3,706
Nov 202001,24138.772.71$3,359
Oct 202001,33636.972.48$3,311
Sep 202001,27737.091.99$2,543
Aug 202001,23639.982.39$2,948
Jul 202001,43538.371.83$2,619
Jun 202001,26034.901.69$2,130
May 202001,48616.921.81$2,697
Apr 202001,41214.751.80$2,548
Mar 202001,55730.341.86$2,890
Feb 202001,34649.881.98$2,666
Jan 202001,43957.252.09$3,014
Dec 201901,49559.012.30$3,445
Nov 201901,30555.302.75$3,590
Oct 201901,52453.472.42$3,686
Sep 201911,35355.052.66$3,650
Aug 201901,61553.112.30$3,722
Jul 201901,60356.272.46$3,943
Jun 201901,46652.782.49$3,652
May 201901,52658.482.74$4,182
Apr 201901,60362.632.75$4,409
Mar 201901,67556.803.06$5,129
Feb 201901,49050.852.79$4,160
Jan 201901,63446.033.23$5,275
Dec 201801,60446.594.19$6,713
Nov 201801,47452.934.24$6,246
Oct 201801,32761.443.40$4,509
Sep 201801,45559.543.11$4,522
Aug 201801,49559.403.07$4,585
Jul 201801,46865.142.93$4,304
Jun 201801,32060.183.08$4,062
May 201801,56665.382.90$4,543
Apr 201801,54063.842.90$4,467
Mar 201801,53061.222.79$4,264
Feb 201801,47161.782.77$4,069
Jan 201801,46062.874.01$5,854
Dec 201701,65057.272.92$4,821
Nov 201701,66455.423.12$5,189
Oct 201701,80149.292.98$5,374
Sep 201701,67647.523.09$5,174
Aug 201701,60445.373.00$4,819
Jul 201701,77143.873.09$5,468
Jun 201701,73242.493.09$5,347
May 201701,81545.373.26$5,923
Apr 201701,71947.933.21$5,521
Mar 201701,75246.772.98$5,227
Feb 201701,65550.452.95$4,887
Jan 201701,91949.413.42$6,561
Dec 201601,70748.763.72$6,355
Nov 201601,78642.492.64$4,723
Oct 201601,89346.193.09$5,850
Sep 201601,84641.553.10$5,724
Aug 201601,97441.442.92$5,773
Jul 201601,90941.622.92$5,583
Jun 201601,71745.352.69$4,612
May 201602,12842.521.99$4,237
Apr 201601,96836.561.99$3,918
Mar 201602,20433.011.79$3,954
Feb 2016093726.472.06$1,934
Jan 201601,07627.352.36$2,544
Dec 2015095232.362.00$1,905
Nov 201501,01938.792.17$2,209
Oct 201501,46743.552.43$3,560
Sep 201501,69042.992.76$4,662
Aug 201501,59040.162.87$4,567
Jul 201501,87548.152.95$5,522
Jun 201501,80556.152.88$5,204
May 201501,47255.212.96$4,350
Apr 201501,88149.822.71$5,091
Mar 201501,74042.892.93$5,106
Feb 201501,85544.662.98$5,521
Jan 201502,05743.433.10$6,378
Dec 201402,13554.693.59$7,668
Nov 201401,92370.464.25$8,176
Oct 201401,82078.303.90$7,100
Sep 201401,65986.164.05$6,711
Aug 201402,16689.394.04$8,740
Jul 201402,23296.564.18$9,329
Jun 201402,20698.164.74$10,450
May 201401,64194.734.73$7,756
Apr 201401,25595.944.81$6,035
Mar 201401,59495.895.06$8,061
Feb 2014098797.406.19$6,112
Jan 201401,68190.404.86$8,171
Dec 201301,96091.824.35$8,535
Nov 201301,86188.853.74$6,957
Oct 201301,81497.423.78$6,856
Sep 201301,967104.113.72$7,313
Aug 201301,069104.253.52$3,766
Jul 20130769102.523.72$2,859
Jun 201301,52994.403.93$6,014
May 201301,06394.834.15$4,410
Apr 201301,73293.964.28$7,417
Mar 201301,83393.623.91$7,172
Feb 201301,68091.233.42$5,745
Jan 201301,86191.603.42$6,364
Dec 201201,93086.773.42$6,601
Nov 201201,02886.953.62$3,726
Oct 2012089489.383.40$3,039
Sep 201201,16594.672.92$3,400
Aug 201201,55492.662.91$4,519
Jul 201201,80185.133.02$5,440
Jun 201201,93779.822.52$4,879
May 201201,80291.612.49$4,484
Apr 201201,728101.652.00$3,450
Mar 201202,088105.052.22$4,640
Feb 201201,739101.102.57$4,470
Jan 201201,76398.092.73$4,820
Dec 201102,10296.873.24$6,810
Nov 201101,78895.723.31$5,921
Oct 201102,16384.983.65$7,892
Sep 201102,16083.623.99$8,609
Aug 201102,33783.404.15$9,697
Jul 201101,69394.144.52$7,648
Jun 201101,93692.904.64$8,983
May 2011091898.134.40$4,044
Apr 20110492105.964.33$2,132
Mar 2011068396.364.06$2,771
Feb 2011049685.644.18$2,073
Jan 2011065186.504.59$2,987
Dec 2010065185.734.35$2,830
Nov 2010099180.843.80$3,761
Oct 2010093178.103.51$3,267
Sep 2010054572.633.98$2,169
Aug 2010053273.684.42$2,351
Jul 2010058372.554.74$2,761
Jun 2010044670.364.91$2,190
May 2010094271.124.24$3,990
Apr 201001,06181.694.12$4,374
Mar 201001,32978.394.39$5,833
Feb 2010062473.585.44$3,396
Jan 2010074174.365.96$4,419
Dec 200901,04071.445.48$5,703
Nov 2009097574.593.75$3,658
Oct 2009094972.544.11$3,901
Sep 200901,02765.543.06$3,148
Aug 2009098167.423.22$3,157
Jul 200901,03361.133.46$3,579
Jun 200901,60066.163.90$6,232
May 200901,46854.743.93$5,763
Apr 200901,16246.773.59$4,169
Mar 2009070042.144.06$2,841
Feb 2009047632.814.63$2,205
Jan 2009066435.865.37$3,566
Dec 200801,43637.105.98$8,583
Nov 200801,42855.496.86$9,797
Oct 200801,51575.246.92$10,487
Sep 200801,206101.767.88$9,500
Aug 200801,611114.228.48$13,666
Jul 200806131.0811.39$68
Jun 200800131.3313.03$0
May 20080676123.1711.57$7,824
Apr 20080977110.3110.45$10,214
Mar 20080674101.909.66$6,514
Feb 2008037692.538.77$3,298
Jan 2008043890.388.21$3,594
Dec 2007042288.337.30$3,081
Nov 2007034591.677.29$2,516
Oct 2007029882.856.92$2,063
Sep 2007039375.846.24$2,454
Aug 2007040669.066.39$2,594
Jul 2007042670.906.39$2,721
Jun 2007037662.007.55$2,838
May 2007043358.747.85$3,397
Apr 2007033659.617.81$2,623
Mar 2007040056.927.30$2,921
Feb 2007037055.108.22$3,040
Jan 2007043950.306.73$2,953
Dec 2006040356.656.92$2,788
Nov 2006037454.207.62$2,849
Oct 2006040454.906.01$2,430
Sep 2006042460.085.04$2,136
Aug 2006047468.717.34$3,479
Jul 2006044569.376.34$2,823
Jun 2006078766.286.38$5,024
May 2006056966.016.42$3,656
Apr 2006027464.397.36$2,017
Mar 2006037956.707.08$2,684
Feb 2006040257.597.75$3,116
Jan 2006044760.598.93$3,993
Dec 2005042854.9413.42$5,742
Nov 2005063454.6910.59$6,713
Oct 2005057458.3413.80$7,919
Sep 2005036161.4512.08$4,361
Aug 2005038761.519.80$3,791
Jul 2005035955.697.84$2,816
Jun 2005042852.337.38$3,159
May 2005045745.226.65$3,040
Apr 2005046649.207.36$3,430
Mar 2005048850.377.15$3,492
Feb 2005040345.226.31$2,544
Jan 2005054343.166.32$3,433
Dec 2004073339.866.75$4,949
Nov 2004061345.286.33$3,881
Oct 2004055349.706.52$3,603
Sep 2004056243.245.28$2,970
Aug 2004068242.375.55$3,786
Jul 2004057638.286.08$3,504
Jun 2004079636.106.43$5,121
May 200401,07837.486.49$7,001
Apr 200401,68034.475.86$9,842
Mar 200401,05634.365.53$5,840
Feb 2004050132.455.51$2,760
Jan 2004062732.036.30$3,950
Dec 200301,29230.266.30$8,142
Nov 200301,79428.804.60$8,244
Oct 2003062928.174.76$2,994
Sep 2003077226.314.75$3,667
Aug 2003057929.765.13$2,970
Jul 2003066829.415.17$3,454
Jun 2003069328.565.98$4,146
May 2003063726.595.97$3,805
Apr 200301,25326.675.41$6,775
Mar 2003071131.146.10$4,334
Feb 2003074333.487.93$5,889
Jan 2003069230.315.58$3,863
Dec 200201,26226.914.85$6,125
Nov 200201,20524.664.14$4,985
Oct 2002092826.464.23$3,925
Sep 2002065627.443.64$2,385
Aug 2002050625.963.16$1,601
Jul 2002083424.583.06$2,554
Jun 2002056923.733.34$1,899
May 2002077924.663.58$2,792
Apr 2002066323.653.51$2,329
Mar 2002088622.003.10$2,749
Feb 2002070218.222.38$1,668
Jan 2002060617.172.38$1,440
Dec 2001045816.932.36$1,083
Nov 2001050618.072.41$1,217
Oct 2001047619.782.53$1,204
Sep 2001043924.262.25$988
Aug 2001054524.873.05$1,664
Jul 2001042123.933.20$1,346
Jun 2001049724.563.82$1,901
May 2001052325.524.31$2,253
Apr 2001042624.685.34$2,273
Mar 2001039824.545.38$2,140
Feb 2001051827.755.77$2,987
Jan 2001036327.478.40$3,049
Dec 2000058826.889.12$5,364
Nov 2000056732.215.66$3,208
Oct 2000050531.235.15$2,598
Sep 2000079731.875.19$4,134
Aug 2000036329.644.54$1,648
Jul 2000052428.534.09$2,143
Jun 2000060529.304.40$2,660
May 2000012627.263.68$464
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940612.50$0
Jan 199401,02612.66$0
Dec 199301,09212.33$0
Nov 199301,07514.49$0
Oct 199301,03715.85$0
Sep 1993095315.03$0
Aug 199301,07215.66$0
Jul 199301,03615.46$0
Jun 199301,12016.79$0
May 199301,23117.68$0
Apr 1993098718.05$0
Mar 199301,63418.14$0
Feb 199301,16817.90$0
Jan 199301,49616.93$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             0 bbl  × $106.41 =         $0
Gas                1,217 Mcf  × $  3.05 =     $3,707

────────────────────────────────────────────────────
Month total                                   $3,707

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/65406 is the state's own key, not one this site invented.