MARTIN, J.C. ET AL

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 69203District 04Field 44957500CondensateGasSaveExport
Value, all time
$6.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$108 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
CondensateDisposition86 bbl$7,257
GasProduction1,807,966 Mcf$6,357,675
Total$6,364,931

324,058 Mcf of this lease's gas, across 48 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.

These wells centre on 27.1202, -99.3703. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.12020, -99.37028 · 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
10,111 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 10,111 ft.

Completions filed
Nov 1976
1 of 1 wells

1 well

42-50530508810,111 ftNov 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 202602,343106.413.05$7,136
Apr 202602,17698.932.87$6,245
Mar 202602,30089.753.15$7,244
Feb 202602,11463.503.75$7,928
Jan 202602,28959.138.00$18,307
Dec 202502,49656.664.41$11,016
Nov 202502,46058.593.93$9,659
Oct 202502,64459.383.30$8,738
Sep 202502,46062.743.08$7,569
Aug 202502,58663.933.01$7,796
Jul 202502,60966.743.32$8,649
Jun 202502,52166.483.13$7,888
May 202502,55360.553.23$8,252
Apr 202502,40462.363.54$8,518
Mar 202502,66167.704.27$11,358
Feb 202502,24270.884.34$9,732
Jan 202502,51274.324.28$10,748
Dec 202402,58568.993.12$8,069
Nov 202402,47569.052.20$5,441
Oct 202402,52171.372.28$5,751
Sep 202402,51869.612.36$5,953
Aug 202402,63975.632.06$5,446
Jul 202402,64479.932.15$5,676
Jun 202402,59178.082.63$6,825
May 202402,73578.812.20$6,013
Apr 202402,62284.451.66$4,350
Mar 202402,71680.301.55$4,197
Feb 202402,52976.091.78$4,511
Jan 202402,56573.023.30$8,459
Dec 202302,57771.262.61$6,728
Nov 202302,55777.892.81$7,179
Oct 202302,76385.443.09$8,530
Sep 202302,73389.042.74$7,475
Aug 202302,83680.522.67$7,580
Jul 202302,85674.852.64$7,545
Jun 202302,79268.962.26$6,306
May 202302,49770.622.23$5,562
Apr 202302,90678.122.24$6,503
Mar 202303,21972.852.39$7,704
Feb 202302,88775.112.47$7,118
Jan 202303,04276.533.39$10,305
Dec 202202,96176.415.73$16,964
Nov 202202,95185.005.65$16,662
Oct 202203,12287.185.86$18,307
Sep 202202,93984.888.16$23,993
Aug 202203,11494.529.13$28,422
Jul 202203,112101.587.54$23,471
Jun 202202,992115.097.98$23,868
May 202203,153109.378.43$26,589
Apr 202203,077104.226.84$21,039
Mar 202203,168108.885.08$16,082
Feb 202202,84291.054.86$13,809
Jan 202203,30081.844.54$14,974
Dec 202103,39471.323.90$13,234
Nov 202103,05577.435.24$15,999
Oct 202103,25779.795.71$18,610
Sep 202103,08969.865.35$16,529
Aug 202103,21866.024.22$13,582
Jul 202103,34470.783.98$13,316
Jun 202103,14669.493.38$10,635
May 202103,30263.483.02$9,964
Apr 202103,17660.362.76$8,761
Mar 202103,22661.302.72$8,765
Feb 202102,92757.805.55$16,239
Jan 202103,23150.412.81$9,080
Dec 202003,19644.642.68$8,551
Nov 202003,10138.772.71$8,393
Oct 202003,30036.972.48$8,179
Sep 202003,26137.091.99$6,493
Aug 202003,38839.982.39$8,081
Jul 202003,55738.371.83$6,492
Jun 202003,60934.901.69$6,100
May 202003,82916.921.81$6,949
Apr 202003,90014.751.80$7,037
Mar 202003,47830.341.86$6,456
Feb 202003,10949.881.98$6,158
Jan 202003,15357.252.09$6,605
Dec 201903,03259.012.30$6,987
Nov 201903,06155.302.75$8,420
Oct 201902,99853.472.42$7,251
Sep 201903,50055.052.66$9,300
Aug 201903,47553.112.30$8,008
Jul 201903,45356.272.46$8,495
Jun 201903,42752.782.49$8,537
May 201903,52358.482.74$9,654
Apr 201903,60562.632.75$9,916
Mar 201903,57356.803.06$10,941
Feb 201903,20650.852.79$8,952
Jan 201903,54146.033.23$11,431
Dec 201803,39546.594.19$14,210
Nov 201803,60552.934.24$15,275
Oct 201803,91961.443.40$13,317
Sep 201803,81759.543.11$11,863
Aug 201803,67859.403.07$11,279
Jul 201803,46265.142.93$10,150
Jun 201803,41960.183.08$10,520
May 201803,71565.382.90$10,776
Apr 201803,69963.842.90$10,730
Mar 201803,69061.222.79$10,283
Feb 201803,28961.782.77$9,098
Jan 201803,81362.874.01$15,288
Dec 201703,82357.272.92$11,169
Nov 201703,89155.423.12$12,134
Oct 201704,09649.292.98$12,221
Sep 201703,85547.523.09$11,901
Aug 201703,86245.373.00$11,603
Jul 201703,80843.873.09$11,756
Jun 201703,68942.493.09$11,389
May 201703,81645.373.26$12,453
Apr 201703,75947.933.21$12,072
Mar 201703,92046.772.98$11,696
Feb 201703,58350.452.95$10,579
Jan 201704,07449.413.42$13,928
Dec 201604,02848.763.72$14,996
Nov 201604,04942.492.64$10,707
Oct 201604,10346.193.09$12,679
Sep 201603,78041.553.10$11,720
Aug 201603,98441.442.92$11,651
Jul 201603,83941.622.92$11,227
Jun 201604,68745.352.69$12,588
May 201603,13642.521.99$6,244
Apr 201603,70536.561.99$7,377
Mar 201603,77233.011.79$6,767
Feb 201603,28426.472.06$6,777
Jan 201603,35627.352.36$7,935
Dec 201503,33832.362.00$6,681
Nov 201503,43238.792.17$7,438
Oct 201503,55643.552.43$8,629
Sep 201503,50842.992.76$9,677
Aug 201503,77340.162.87$10,838
Jul 201503,88248.152.95$11,433
Jun 201503,67656.152.88$10,597
May 201503,73755.212.96$11,045
Apr 201503,46649.822.71$9,381
Mar 201502,92142.892.93$8,572
Feb 201503,27344.662.98$9,741
Jan 201504,02943.433.10$12,492
Dec 201403,94054.693.59$14,150
Nov 201403,75270.464.25$15,953
Oct 201403,78178.303.90$14,750
Sep 201403,65486.164.05$14,782
Aug 201403,91389.394.04$15,789
Jul 201404,28896.564.18$17,922
Jun 201403,34298.164.74$15,831
May 201403,67094.734.73$17,346
Apr 201404,01695.944.81$19,313
Mar 201403,47695.895.06$17,577
Feb 201403,68997.406.19$22,842
Jan 201404,28390.404.86$20,818
Dec 201304,17291.824.35$18,167
Nov 201304,37188.853.74$16,340
Oct 201304,14797.423.78$15,673
Sep 201304,260104.113.72$15,838
Aug 201304,625104.253.52$16,292
Jul 201303,818102.523.72$14,194
Jun 201301,36794.403.93$5,377
May 201303,98994.834.15$16,551
Apr 201304,21993.964.28$18,068
Mar 201303,75593.623.91$14,693
Feb 201304,11691.233.42$14,076
Jan 201303,72391.603.42$12,732
Dec 201203,93886.773.42$13,469
Nov 201204,19886.953.62$15,218
Oct 201204,26589.383.40$14,500
Sep 201204,27194.672.92$12,464
Aug 201204,19092.662.91$12,185
Jul 201204,27685.133.02$12,917
Jun 201204,40879.822.52$11,104
May 201204,90291.612.49$12,198
Apr 201204,020101.652.00$8,027
Mar 201204,644105.052.22$10,319
Feb 201204,494101.102.57$11,551
Jan 201204,77898.092.73$13,063
Dec 201105,38396.873.24$17,440
Nov 201105,99795.723.31$19,858
Oct 201107,80884.983.65$28,488
Sep 201106,97383.623.99$27,793
Aug 20110083.404.15$0
Jul 2011852794.144.52$3,134
Jun 201133,96592.904.64$18,676
May 201163,73298.134.40$17,028
Apr 201153,082105.964.33$13,885
Mar 201154,85896.364.06$20,192
Feb 201143,68185.644.18$15,729
Jan 2011225,17486.504.59$25,645
Dec 201004,84285.734.35$21,052
Nov 2010104,39780.843.80$17,496
Oct 201055,49578.103.51$19,672
Sep 201004,47472.633.98$17,804
Aug 201014,66173.684.42$20,672
Jul 201004,45672.554.74$21,106
Jun 201025,72570.364.91$28,253
May 201014,01671.124.24$17,080
Apr 201015,78481.694.12$23,927
Mar 201003,14378.394.39$13,794
Feb 201001,23873.585.44$6,738
Jan 2010270374.365.96$4,341
Dec 200913,15471.445.48$17,367
Nov 200924,28074.593.75$16,206
Oct 200924,10972.544.11$17,034
Sep 200915,27465.543.06$16,229
Aug 200904,53967.423.22$14,609
Jul 200904,53361.133.46$15,705
Jun 200913,64466.163.90$14,260
May 200915,12754.743.93$20,182
Apr 200904,91446.773.59$17,629
Mar 200915,60042.144.06$22,773
Feb 200914,96532.814.63$23,036
Jan 200905,91635.865.37$31,775
Dec 200815,07937.105.98$30,395
Nov 200805,24955.496.86$36,010
Oct 200805,77975.246.92$40,002
Sep 200805,242101.767.88$41,292
Aug 200805,538114.228.48$46,979
Jul 200805,564131.0811.39$63,371
Jun 200803,076131.3313.03$40,088
May 200803,869123.1711.57$44,781
Apr 200804,090110.3110.45$42,760
Mar 200805,427101.909.66$52,447
Feb 200805,12092.538.77$44,905
Jan 200805,05590.388.21$41,480
Dec 200705,39688.337.30$39,401
Nov 200705,29891.677.29$38,631
Oct 200705,65782.856.92$39,158
Sep 200703,52175.846.24$21,986
Aug 200704,72669.066.39$30,189
Jul 200703,92670.906.39$25,079
Jun 200705,38162.007.55$40,618
May 200704,48158.747.85$35,159
Apr 200704,73559.617.81$36,958
Mar 200705,44556.927.30$39,759
Feb 200705,47255.108.22$44,958
Jan 200704,98650.306.73$33,540
Dec 200605,13556.656.92$35,526
Nov 200605,09154.207.62$38,781
Oct 200604,52854.906.01$27,230
Sep 200604,91860.085.04$24,773
Aug 200605,57868.717.34$40,942
Jul 200605,59369.376.34$35,475
Jun 200605,30866.286.38$33,886
May 200605,25666.016.42$33,770
Apr 200605,48764.397.36$40,387
Mar 200605,09556.707.08$36,087
Feb 200604,67257.597.75$36,213
Jan 200604,94260.598.93$44,148
Dec 200504,57954.9413.42$61,429
Nov 200504,30154.6910.59$45,541
Oct 200504,48358.3413.80$61,846
Sep 200504,60261.4512.08$55,588
Aug 200504,51361.519.80$44,213
Jul 200504,58255.697.84$35,940
Jun 200504,52552.337.38$33,399
May 200504,67045.226.65$31,061
Apr 200504,65949.207.36$34,292
Mar 200504,76750.377.15$34,107
Feb 200504,25645.226.31$26,864
Jan 200504,72943.166.32$29,898
Dec 200404,83639.866.75$32,648
Nov 200404,67345.286.33$29,582
Oct 200404,98349.706.52$32,465
Sep 200404,72243.245.28$24,951
Aug 200404,68642.375.55$26,010
Jul 200404,41738.286.08$26,874
Jun 200404,46636.106.43$28,730
May 200404,72337.486.49$30,674
Apr 200404,54334.475.86$26,615
Mar 200404,67934.365.53$25,876
Feb 200404,37932.455.51$24,127
Jan 200404,94132.036.30$31,127
Dec 200304,88430.266.30$30,777
Nov 200304,67728.804.60$21,492
Oct 200304,76728.174.76$22,689
Sep 200304,67626.314.75$22,208
Aug 200304,71029.765.13$24,161
Jul 200304,80729.415.17$24,856
Jun 200304,79628.565.98$28,694
May 200305,02126.595.97$29,989
Apr 200304,79726.675.41$25,939
Mar 200304,95231.146.10$30,188
Feb 200304,52933.487.93$35,896
Jan 200305,02630.315.58$28,055
Dec 200204,81826.914.85$23,385
Nov 200204,63624.664.14$19,179
Oct 200204,82626.464.23$20,410
Sep 200204,71927.443.64$17,155
Aug 200204,73625.963.16$14,985
Jul 200205,29124.583.06$16,200
Jun 200204,63623.733.34$15,476
May 200204,89424.663.58$17,540
Apr 20020023.653.51$0
Mar 200204,98022.003.10$15,452
Feb 200204,59718.222.38$10,921
Jan 200205,07517.172.38$12,057
Dec 200105,27716.932.36$12,477
Nov 200104,88218.072.41$11,744
Oct 200104,92119.782.53$12,445
Sep 200104,43524.262.25$9,985
Aug 200104,61024.873.05$14,075
Jul 200104,59423.933.20$14,687
Jun 200105,21024.563.82$19,924
May 200105,21725.524.31$22,471
Apr 200105,01224.685.34$26,741
Mar 200105,13624.545.38$27,613
Feb 200104,64827.755.77$26,805
Jan 200105,09627.478.40$42,800
Dec 200005,14526.889.12$46,935
Nov 200005,11932.215.66$28,963
Oct 200005,12531.235.15$26,371
Sep 200005,07031.875.19$26,296
Aug 200005,31929.644.54$24,152
Jul 200005,31028.534.09$21,717
Jun 200005,17529.304.40$22,756
May 200005,21327.263.68$19,183
Apr 200004,97024.513.12$15,487
Mar 200005,02628.422.86$14,373
Feb 200004,75827.622.73$12,973
Jan 200005,40125.272.48$13,397
Dec 199905,28824.282.42$12,817
Nov 199905,73323.192.43$13,954
Oct 199905,93920.982.80$16,651
Sep 199905,52621.752.62$14,472
Aug 199905,58719.262.88$16,066
Jul 199905,76117.892.37$13,667
Jun 199905,55715.942.36$13,126
May 199905,83615.792.32$13,545
Apr 199905,63615.102.21$12,445
Mar 199905,78012.471.84$10,626
Feb 199905,5219.981.82$10,036
Jan 199906,48610.381.90$12,323
Dec 199805,6529.201.77$10,023
Nov 199805,84710.892.19$12,780
Oct 199805,78712.421.97$11,396
Sep 199805,67512.592.08$11,819
Aug 199806,29011.301.91$11,997
Jul 199806,63511.742.24$14,844
Jun 199805,71611.242.24$12,788
May 199805,87512.622.21$12,962
Apr 199806,07613.042.51$15,222
Mar 199806,14912.802.31$14,201
Feb 199805,47613.952.30$12,590
Jan 199806,39614.702.15$13,782
Dec 199705,69316.322.41$13,726
Nov 199706,26818.193.09$19,357
Oct 199706,08119.253.15$19,154
Sep 199706,05917.742.95$17,904
Aug 199706,66917.862.55$17,038
Jul 199706,57417.582.25$14,771
Jun 199706,31517.242.26$14,254
May 199706,71418.972.31$15,499
Apr 199706,75517.882.08$14,069
Mar 199706,89218.951.94$13,365
Feb 199706,63620.492.21$14,638
Jan 199709,62423.483.54$34,066
Dec 199608,72523.32$0
Nov 199608,92321.97$0
Oct 199608,14823.31$0
Sep 199607,43022.22$0
Aug 199607,60520.26$0
Jul 199606,69919.55$0
Jun 199606,20518.73$0
May 199606,12519.43$0
Apr 199605,88621.51$0
Mar 199606,61119.38$0
Feb 199606,08216.98$0
Jan 199606,34317.07$0
Dec 199506,38217.19$0
Nov 199506,12916.00$0
Oct 199506,48515.43$0
Sep 199506,19816.18$0
Aug 199506,54515.92$0
Jul 199506,60815.24$0
Jun 199506,43516.41$0
May 199506,47917.56$0
Apr 199506,28717.73$0
Mar 199506,11616.44$0
Feb 199505,93516.58$0
Jan 199506,49515.92$0
Dec 199406,50515.03$0
Nov 199406,14115.90$0
Oct 199406,49615.58$0
Sep 199406,55015.29$0
Aug 199405,91916.13$0
Jul 199408,53217.56$0
Jun 199405,34317.09$0
May 199406,88015.88$0
Apr 199406,52614.14$0
Mar 199406,71812.46$0
Feb 199406,00412.50$0
Jan 199406,93812.66$0
Dec 199306,89812.33$0
Nov 199306,70914.49$0
Oct 199306,88815.85$0
Sep 199306,84615.03$0
Aug 199307,04015.66$0
Jul 199307,15415.46$0
Jun 199306,84816.79$0
May 199307,22017.68$0
Apr 199307,03818.05$0
Mar 199307,34918.14$0
Feb 199306,96117.90$0
Jan 199307,67916.93$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                2,343 Mcf  × $  3.05 =     $7,136

────────────────────────────────────────────────────
Month total                                   $7,136

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/69203 is the state's own key, not one this site invented.