MARTINEZ, MERCURIO ET AL UNIT

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

Gas lease lease 77563District 04Field 52025500NGPA filingCondensateGasSaveExport
Value, all time
$15.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$215 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 281 leases and 281 wells, and the rule below applies to all of them.

Discovered
1976-02-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1976-02-01.

The Commission's schedule remark for this field reads: SURVEYS.

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

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
CondensateDisposition24,740 bbl$501,806
GasProduction7,348,736 Mcf$15,430,845
Total$15,932,651

3,551,394 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 27.2833, -99.4207. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.28328, -99.42068 · 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
8,069 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 8,069 ft.

Completions filed
Aug 1988
1 of 1 wells

1 well

42-5053099218,069 ftAug 1988

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 202605,241106.413.05$15,963
Apr 202604,26498.932.87$12,236
Mar 202605,39589.753.15$16,991
Feb 202604,76463.503.75$17,867
Jan 202604,69359.138.00$37,534
Dec 202504,82756.664.41$21,303
Nov 202504,76858.593.93$18,721
Oct 202504,87159.383.30$16,098
Sep 202504,30262.743.08$13,237
Aug 202504,40363.933.01$13,274
Jul 202505,17066.743.32$17,140
Jun 202504,82166.483.13$15,084
May 202502,95360.553.23$9,545
Apr 202502,68862.363.54$9,524
Mar 202503,30967.704.27$14,124
Feb 202503,63470.884.34$15,775
Jan 202503,22374.324.28$13,790
Dec 202401,41568.993.12$4,417
Nov 202401,68969.052.20$3,713
Oct 202401,15671.372.28$2,637
Sep 202401,48769.612.36$3,516
Aug 202402,39575.632.06$4,942
Jul 202402,65979.932.15$5,708
Jun 202402,03178.082.63$5,350
May 202401,64678.812.20$3,619
Apr 202401,70084.451.66$2,821
Mar 202401,77080.301.55$2,735
Feb 202403,07476.091.78$5,483
Jan 202403,34673.023.30$11,034
Dec 202303,43771.262.61$8,973
Nov 202303,49377.892.81$9,807
Oct 202303,21085.443.09$9,910
Sep 202303,15789.042.74$8,635
Aug 202303,84580.522.67$10,277
Jul 202303,00974.852.64$7,949
Jun 202303,85868.962.26$8,713
May 202303,96270.622.23$8,825
Apr 2023603,75878.122.24$13,097
Mar 202304,19572.852.39$10,039
Feb 202303,52975.112.47$8,701
Jan 202303,71276.533.39$12,575
Dec 202203,32676.415.73$19,055
Nov 202203,48385.005.65$19,666
Oct 202203,36187.185.86$19,708
Sep 202203,51384.888.16$28,679
Aug 202204,19794.529.13$38,307
Jul 202202,328101.587.54$17,558
Jun 202203,641115.097.98$29,045
May 202204,507109.378.43$38,008
Apr 202203,557104.226.84$24,321
Mar 202203,808108.885.08$19,331
Feb 202204,03991.054.86$19,625
Jan 202204,37081.844.54$19,830
Dec 202104,79871.323.90$18,708
Nov 202103,71777.435.24$19,465
Oct 202103,31879.795.71$18,959
Sep 202105,04869.865.35$27,011
Aug 202102,61066.024.22$11,016
Jul 202104,43070.783.98$17,641
Jun 202104,45469.493.38$15,057
May 202103,62963.483.02$10,951
Apr 202103,49260.362.76$9,632
Mar 202103,58561.302.72$9,740
Feb 202103,24957.805.55$18,025
Jan 202104,96950.412.81$13,964
Dec 202002,83644.642.68$7,588
Nov 202004,05738.772.71$10,981
Oct 202004,55336.972.48$11,284
Sep 202004,00037.091.99$7,964
Aug 202003,47439.982.39$8,286
Jul 202002,74238.371.83$5,004
Jun 202001,90434.901.69$3,218
May 202002,74316.921.81$4,978
Apr 202002,14214.751.80$3,865
Mar 202002,13330.341.86$3,959
Feb 202001,88349.881.98$3,730
Jan 202002,88657.252.09$6,045
Dec 201901,42859.012.30$3,291
Nov 2019076055.302.75$2,091
Oct 201901,88053.472.42$4,547
Sep 201902,79255.052.66$7,419
Aug 201902,71953.112.30$6,266
Jul 201902,43556.272.46$5,990
Jun 201903,91852.782.49$9,761
May 201904,02558.482.74$11,030
Apr 201903,33562.632.75$9,174
Mar 201903,85456.803.06$11,801
Feb 201903,35950.852.79$9,379
Jan 201903,83646.033.23$12,383
Dec 201802,45646.594.19$10,279
Nov 201805,25852.934.24$22,279
Oct 201805,17261.443.40$17,575
Sep 2018325,61459.543.11$19,354
Aug 201804,01159.403.07$12,300
Jul 201805,07865.142.93$14,888
Jun 201803,85560.183.08$11,862
May 201806,61165.382.90$19,177
Apr 201806,08663.842.90$17,654
Mar 201804,73061.222.79$13,182
Feb 201804,22661.782.77$11,690
Jan 2018873,82562.874.01$20,805
Dec 201704,58457.272.92$13,392
Nov 201704,32955.423.12$13,499
Oct 201704,80949.292.98$14,349
Sep 201704,77147.523.09$14,729
Aug 2017624,44945.373.00$16,180
Jul 201704,25643.873.09$13,139
Jun 201704,25042.493.09$13,121
May 201704,74045.373.26$15,469
Apr 201702,79747.933.21$8,983
Mar 201704,35046.772.98$12,979
Feb 201704,76850.452.95$14,078
Jan 201705,04549.413.42$17,248
Dec 2016665,16548.763.72$22,447
Nov 201605,31342.492.64$14,049
Oct 201605,25146.193.09$16,227
Sep 201604,21941.553.10$13,082
Aug 201604,66041.442.92$13,627
Jul 201604,71441.622.92$13,785
Jun 201604,04345.352.69$10,859
May 201603,86842.521.99$7,701
Apr 2016294,40036.561.99$9,821
Mar 201604,37433.011.79$7,847
Feb 201605,97626.472.06$12,332
Jan 201606,61327.352.36$15,636
Dec 201506,06432.362.00$12,137
Nov 201504,54338.792.17$9,846
Oct 201506,57943.552.43$15,964
Sep 201506,19342.992.76$17,083
Aug 201503,38640.162.87$9,726
Jul 201506,92748.152.95$20,401
Jun 201506,89556.152.88$19,877
May 201508,30855.212.96$24,554
Apr 201507,59149.822.71$20,546
Mar 201508,58742.892.93$25,200
Feb 201508,46444.662.98$25,190
Jan 201509,36843.433.10$29,047
Dec 201404,98654.693.59$17,907
Nov 2014236,33170.464.25$28,539
Oct 201406,20878.303.90$24,217
Sep 20141176,70486.164.05$37,201
Aug 201415,96689.394.04$24,163
Jul 201406,12496.564.18$25,596
Jun 201415,75298.164.74$27,345
May 201425,35294.734.73$25,486
Apr 201455,93595.944.81$29,022
Mar 201407,31195.895.06$36,970
Feb 201415,16397.406.19$32,067
Jan 201416,01590.404.86$29,328
Dec 201315,40691.824.35$23,632
Nov 201315,21888.853.74$19,595
Oct 201306,14897.423.78$23,236
Sep 201306,129104.113.72$22,786
Aug 201304,833104.253.52$17,025
Jul 201306,106102.523.72$22,701
Jun 201306,55694.403.93$25,787
May 201305,93094.834.15$24,604
Apr 201305,21593.964.28$22,334
Mar 201305,50893.623.91$21,552
Feb 2013704,86091.233.42$23,007
Jan 201305,79791.603.42$19,825
Dec 201206,07786.773.42$20,784
Nov 201204,19786.953.62$15,214
Oct 201206,70789.383.40$22,802
Sep 201206,51394.672.92$19,008
Aug 201205,27892.662.91$15,349
Jul 201205,65185.133.02$17,071
Jun 201206,42779.822.52$16,190
May 201204,57391.612.49$11,379
Apr 201201,761101.652.00$3,516
Mar 201212,865105.052.22$6,471
Feb 201215,098101.102.57$13,204
Jan 201204,14398.092.73$11,327
Dec 201102,72096.873.24$8,812
Nov 201113,99295.723.31$13,314
Oct 201103,43584.983.65$12,533
Sep 201105,10483.623.99$20,344
Aug 201116,29483.404.15$26,199
Jul 201114,95794.144.52$22,486
Jun 201102,30692.904.64$10,700
May 2011493,81198.134.40$21,595
Apr 201103,817105.964.33$16,540
Mar 201114,98296.364.06$20,310
Feb 201112,11285.644.18$8,914
Jan 201133,12686.504.59$14,604
Dec 201007,47385.734.35$32,491
Nov 201035,46280.843.80$20,973
Oct 201016,21478.103.51$21,882
Sep 2010764,71272.633.98$24,271
Aug 201027,24573.684.42$32,166
Jul 201003,56572.554.74$16,886
Jun 201084,75470.364.91$23,907
May 2010157,79171.124.24$34,063
Apr 201055,31881.694.12$22,333
Mar 201096,07178.394.39$27,349
Feb 2010113,71073.585.44$21,001
Jan 2010117,34674.365.96$44,630
Dec 2009128,09771.445.48$45,259
Nov 20091097,89774.593.75$37,756
Oct 200988,49472.544.11$35,493
Sep 200968,55165.543.06$26,600
Aug 200959,01667.423.22$29,355
Jul 200939,32861.133.46$32,500
Jun 200937,35666.163.90$28,850
May 200939,87454.743.93$38,927
Apr 2009779,63446.773.59$38,163
Mar 200919,99042.144.06$40,592
Feb 200915,94332.814.63$27,567
Jan 200918,85035.865.37$47,569
Dec 200819,11037.105.98$54,489
Nov 2008859,21455.496.86$67,928
Oct 200809,86375.246.92$68,271
Sep 200819,226101.767.88$72,776
Aug 2008010,407114.228.48$88,283
Jul 200807,600131.0811.39$86,560
Jun 200809,570131.3313.03$124,722
May 2008010,244123.1711.57$118,567
Apr 200819,047110.3110.45$94,695
Mar 200829,532101.909.66$92,322
Feb 2008619,85792.538.77$92,096
Jan 200808,78990.388.21$72,120
Dec 2007110,91688.337.30$79,797
Nov 2007010,23991.677.29$74,660
Oct 200729,73082.856.92$67,517
Sep 2007011,30075.846.24$70,559
Aug 2007210,73769.066.39$68,725
Jul 2007010,83170.906.39$69,188
Jun 2007611,89762.007.55$90,176
May 2007011,46258.747.85$89,934
Apr 200708,75959.617.81$68,366
Mar 2007210,39156.927.30$75,989
Feb 200709,80155.108.22$80,525
Jan 2007011,63050.306.73$78,233
Dec 2006013,32556.656.92$92,188
Nov 2006010,13754.207.62$77,218
Oct 2006013,44154.906.01$80,831
Sep 2006012,26460.085.04$61,776
Aug 20061011,90768.717.34$88,084
Jul 2006011,73069.376.34$74,401
Jun 200609,53966.286.38$60,896
May 2006010,66466.016.42$68,516
Apr 2006010,83664.397.36$79,758
Mar 2006011,07356.707.08$78,429
Feb 2006318,96757.597.75$71,290
Jan 2006011,69360.598.93$104,457
Dec 20051410,69154.9413.42$144,193
Nov 2005212,56254.6910.59$133,121
Oct 2005012,34258.3413.80$170,267
Sep 2005012,94061.4512.08$156,302
Aug 2005013,30661.519.80$130,357
Jul 2005012,89755.697.84$101,159
Jun 2005015,05952.337.38$111,151
May 20051214,42345.226.65$96,472
Apr 20051315,11349.207.36$111,879
Mar 2005914,03050.377.15$100,836
Feb 20051510,52245.226.31$67,092
Jan 200517513,69443.166.32$94,129
Dec 200416613,44739.866.75$97,399
Nov 2004014,10645.286.33$89,297
Oct 2004014,58249.706.52$95,003
Sep 2004014,46243.245.28$76,416
Aug 2004013,74342.375.55$76,283
Jul 2004014,16238.286.08$86,164
Jun 200418415,06136.106.43$103,530
May 2004015,91737.486.49$103,374
Apr 2004012,91534.475.86$75,662
Mar 2004013,57134.365.53$75,050
Feb 2004012,16032.455.51$66,997
Jan 2004013,83232.036.30$87,137
Dec 200316514,36430.266.30$95,510
Nov 2003014,64228.804.60$67,282
Oct 2003015,58128.174.76$74,160
Sep 2003014,67926.314.75$69,716
Aug 2003015,98429.765.13$81,993
Jul 2003016,52229.415.17$85,433
Jun 200317116,45228.565.98$103,315
May 2003017,42726.595.97$104,086
Apr 2003017,28226.675.41$93,449
Mar 2003018,03331.146.10$109,930
Feb 200317215,06333.487.93$125,146
Jan 2003018,54130.315.58$103,497
Dec 2002018,17426.914.85$88,212
Nov 2002017,29124.664.14$71,532
Oct 2002017,36326.464.23$73,430
Sep 2002017,36527.443.64$63,125
Aug 2002018,15225.963.16$57,436
Jul 200215018,67324.583.06$60,859
Jun 2002017,03823.733.34$56,877
May 2002018,14824.663.58$65,042
Apr 200215118,13323.653.51$67,260
Mar 2002018,42922.003.10$57,180
Feb 2002016,89618.222.38$40,139
Jan 20028519,65517.172.38$48,153
Dec 20018217,07416.932.36$41,758
Nov 2001016,22118.072.41$39,020
Oct 2001017,05219.782.53$43,122
Sep 2001018,37724.262.25$41,373
Aug 20018718,95624.873.05$60,039
Jul 2001018,96923.933.20$60,645
Jun 2001019,07224.563.82$72,934
May 20018917,32825.524.31$76,909
Apr 2001015,59624.685.34$83,210
Mar 2001017,16224.545.38$92,270
Feb 2001017,27427.755.77$99,621
Jan 20018420,90027.478.40$177,842
Dec 2000015,68826.889.12$143,114
Nov 2000099632.215.66$5,635
Oct 200005731.235.15$293
Sep 20008917,13531.875.19$91,707
Aug 2000022,62829.644.54$102,748
Jul 20007822,28328.534.09$93,357
Jun 20008322,38029.304.40$100,842
May 2000023,40927.263.68$86,139
Apr 20007222,40924.513.12$71,591
Mar 2000022,83028.422.86$65,288
Feb 20006022,01527.622.73$61,681
Jan 20005924,07425.272.48$61,206
Dec 1999026,44624.282.42$64,098
Nov 19995817,86423.192.43$44,826
Oct 19995923,21320.982.80$66,320
Sep 1999022,24621.752.62$58,259
Aug 19995724,77019.262.88$72,326
Jul 1999030,40217.892.37$72,125
Jun 1999029,04115.942.36$68,598
May 19995329,86115.792.32$70,145
Apr 19999730,41915.102.21$68,631
Mar 1999033,36812.471.84$61,341
Feb 19993231,1009.981.82$56,853
Jan 19993236,29510.381.90$69,291
Dec 1998030,3059.201.77$53,740
Nov 19985429,83510.892.19$65,799
Oct 1998029,87412.421.97$58,828
Sep 19985123,31112.592.08$49,190
Aug 19985422,18311.301.91$42,921
Jul 199810822,16711.742.24$50,861
Jun 1998034,60311.242.24$77,416
May 19985538,31212.622.21$85,223
Apr 19985537,86313.042.51$95,577
Mar 199810840,47012.802.31$94,845
Feb 19985635,69613.952.30$82,851
Jan 19989540,19614.702.15$88,010
Dec 199712741,25716.322.41$101,547
Nov 19979442,04918.193.09$131,568
Oct 199718744,85019.253.15$144,869
Sep 199710342,81217.742.95$128,332
Aug 199711445,66517.862.55$118,698
Jul 199723546,17617.582.25$107,886
Jun 199712146,94917.242.26$108,059
May 199712448,79618.972.31$114,998
Apr 199713149,77217.882.08$106,006
Mar 199724754,35118.951.94$110,075
Feb 199711751,62920.492.21$116,286
Jan 199712750,41623.483.54$181,439
Dec 199624552,73523.32$5,713
Nov 199626552,72421.97$5,822
Oct 199626457,29923.31$6,154
Sep 199612556,53722.22$2,778
Aug 199613457,92320.26$2,715
Jul 199625761,17119.55$5,024
Jun 199612037,20218.73$2,248
May 199635662,09919.43$6,917
Apr 199611662,46321.51$2,495
Mar 199612959,94519.38$2,500
Feb 199641159,54916.98$6,979
Jan 199637459,87717.07$6,384
Dec 199536764,76817.19$6,309
Nov 199540160,46816.00$6,416
Oct 199527185,32915.43$4,182
Sep 199526581,82816.18$4,288
Aug 199540098,79015.92$6,368
Jul 199553998,59715.24$8,214
Jun 199526986,08416.41$4,414
May 199528241,99917.56$4,952
Apr 199524960,63517.73$4,415
Mar 199536358,96516.44$5,968
Feb 199519254,50816.58$3,183
Jan 199532961,99815.92$5,238
Dec 199444160,99215.03$6,628
Nov 199439266,34215.90$6,233
Oct 199439171,89715.58$6,092
Sep 199459871,88315.29$9,143
Aug 199438380,31816.13$6,178
Jul 199456682,87417.56$9,939
Jun 199439291,76717.09$6,699
May 1994693100,43315.88$11,005
Apr 1994526104,64314.14$7,438
Mar 1994863108,45412.46$10,753
Feb 199418585,32412.50$2,313
Jan 1994720106,26712.66$9,115
Dec 199338899,34512.33$4,784
Nov 199355089,34014.49$7,970
Oct 199354788,22315.85$8,670
Sep 199336187,46715.03$5,426
Aug 199354790,66415.66$8,566
Jul 199352992,45515.46$8,178
Jun 199353588,68716.79$8,983
May 199355074,52717.68$9,724
Apr 199355189,87118.05$9,946
Mar 199354698,15818.14$9,904
Feb 1993025,43817.90$0
Jan 199355262,53216.93$9,345

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                5,241 Mcf  × $  3.05 =    $15,963

────────────────────────────────────────────────────
Month total                                  $15,963

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/77563 is the state's own key, not one this site invented.