MARTIN, J. C. III

Name: MARTIN, J. C. III lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the DOLORES CREEK (WILCOX 9200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 86385District 04Field 25235500NGPA filingCondensateGasSave Export

Value, all time

$744 k

Jan 1993 – Apr 2012

Value, last 12 filed months

at the published price for each month

Months reported

232

no gaps in the span

Streams

condensate, gas

The DOLORES CREEK (WILCOX 9200) field

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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered

1979-01-29

as the register files it

Field class

Gas

the register's own label

Between wells

1,867 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 02/01/96.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,363 bbl	$22,647
Gas	Production	276,831 Mcf	$720,896
Total			$743,543

133,921 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 27.4110, -99.3181. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.41099, -99.31812 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

9,800 ft

1 wells filed one

Completion to plug

32.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 9,800 ft.

Completions filed

Dec 1979

1 of 1 wells

Plug dates filed

Apr 2012

1 of 1 wells

Last completion to plug: a median of 32.3 years across the 1 well that filed both dates, with the middle half between 32.3 years and 32.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47932453	3	9,800 ft	Dec 1979	Apr 2012	Yes

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 (232)

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

232 months


Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	375	72.63	3.98	$1,492
Aug 2010	0	490	73.68	4.42	$2,165
Jul 2010	0	668	72.55	4.74	$3,164
Jun 2010	0	564	70.36	4.91	$2,769
May 2010	0	659	71.12	4.24	$2,791
Apr 2010	0	612	81.69	4.12	$2,523
Mar 2010	0	579	78.39	4.39	$2,541
Feb 2010	0	508	73.58	5.44	$2,765
Jan 2010	0	529	74.36	5.96	$3,155
Dec 2009	0	651	71.44	5.48	$3,570
Nov 2009	0	520	74.59	3.75	$1,951
Oct 2009	0	446	72.54	4.11	$1,833
Sep 2009	0	472	65.54	3.06	$1,447
Aug 2009	0	602	67.42	3.22	$1,938
Jul 2009	0	595	61.13	3.46	$2,061
Jun 2009	0	604	66.16	3.90	$2,353
May 2009	0	698	54.74	3.93	$2,740
Apr 2009	0	738	46.77	3.59	$2,648
Mar 2009	0	826	42.14	4.06	$3,353
Feb 2009	0	642	32.81	4.63	$2,974
Jan 2009	0	847	35.86	5.37	$4,549
Dec 2008	0	883	37.10	5.98	$5,278
Nov 2008	0	765	55.49	6.86	$5,248
Oct 2008	0	815	75.24	6.92	$5,641
Sep 2008	0	875	101.76	7.88	$6,892
Aug 2008	0	738	114.22	8.48	$6,260
Jul 2008	0	786	131.08	11.39	$8,952
Jun 2008	0	762	131.33	13.03	$9,931
May 2008	0	782	123.17	11.57	$9,051
Apr 2008	0	709	110.31	10.45	$7,413
Mar 2008	0	797	101.90	9.66	$7,702
Feb 2008	0	784	92.53	8.77	$6,876
Jan 2008	0	831	90.38	8.21	$6,819
Dec 2007	0	893	88.33	7.30	$6,521
Nov 2007	0	815	91.67	7.29	$5,943
Oct 2007	0	808	82.85	6.92	$5,593
Sep 2007	0	791	75.84	6.24	$4,939
Aug 2007	0	798	69.06	6.39	$5,098
Jul 2007	0	870	70.90	6.39	$5,558
Jun 2007	0	834	62.00	7.55	$6,295
May 2007	0	843	58.74	7.85	$6,614
Apr 2007	0	925	59.61	7.81	$7,220
Mar 2007	0	888	56.92	7.30	$6,484
Feb 2007	0	746	55.10	8.22	$6,129
Jan 2007	0	771	50.30	6.73	$5,186
Dec 2006	0	747	56.65	6.92	$5,168
Nov 2006	0	650	54.20	7.62	$4,951
Oct 2006	0	781	54.90	6.01	$4,697
Sep 2006	0	838	60.08	5.04	$4,221
Aug 2006	0	816	68.71	7.34	$5,989
Jul 2006	0	718	69.37	6.34	$4,554
Jun 2006	0	760	66.28	6.38	$4,852
May 2006	0	858	66.01	6.42	$5,513
Apr 2006	0	827	64.39	7.36	$6,087
Mar 2006	0	859	56.70	7.08	$6,084
Feb 2006	0	739	57.59	7.75	$5,728
Jan 2006	0	878	60.59	8.93	$7,843
Dec 2005	0	869	54.94	13.42	$11,658
Nov 2005	0	973	54.69	10.59	$10,303
Oct 2005	0	1,116	58.34	13.80	$15,396
Sep 2005	0	1,055	61.45	12.08	$12,743
Aug 2005	0	1,008	61.51	9.80	$9,875
Jul 2005	0	830	55.69	7.84	$6,510
Jun 2005	0	925	52.33	7.38	$6,827
May 2005	0	1,067	45.22	6.65	$7,097
Apr 2005	0	1,315	49.20	7.36	$9,679
Mar 2005	0	1,443	50.37	7.15	$10,324
Feb 2005	0	1,151	45.22	6.31	$7,265
Jan 2005	0	1,292	43.16	6.32	$8,168
Dec 2004	0	1,425	39.86	6.75	$9,620
Nov 2004	0	482	45.28	6.33	$3,051
Oct 2004	0	928	49.70	6.52	$6,046
Sep 2004	0	848	43.24	5.28	$4,481
Aug 2004	0	843	42.37	5.55	$4,679
Jul 2004	0	1,021	38.28	6.08	$6,212
Jun 2004	0	208	36.10	6.43	$1,338
May 2004	0	787	37.48	6.49	$5,111
Apr 2004	0	1,068	34.47	5.86	$6,257
Mar 2004	0	550	34.36	5.53	$3,042
Feb 2004	0	606	32.45	5.51	$3,339
Jan 2004	0	1,151	32.03	6.30	$7,251
Dec 2003	0	937	30.26	6.30	$5,905
Nov 2003	0	655	28.80	4.60	$3,010
Oct 2003	0	923	28.17	4.76	$4,393
Sep 2003	0	595	26.31	4.75	$2,826
Aug 2003	0	722	29.76	5.13	$3,704
Jul 2003	0	764	29.41	5.17	$3,951
Jun 2003	0	904	28.56	5.98	$5,409
May 2003	0	819	26.59	5.97	$4,892
Apr 2003	0	1,050	26.67	5.41	$5,678
Mar 2003	0	1,336	31.14	6.10	$8,144
Feb 2003	0	1,005	33.48	7.93	$7,966
Jan 2003	0	784	30.31	5.58	$4,376
Dec 2002	0	911	26.91	4.85	$4,422
Nov 2002	0	863	24.66	4.14	$3,570
Oct 2002	0	1,210	26.46	4.23	$5,117
Sep 2002	0	892	27.44	3.64	$3,243
Aug 2002	0	895	25.96	3.16	$2,832
Jul 2002	0	667	24.58	3.06	$2,042
Jun 2002	0	734	23.73	3.34	$2,450
May 2002	0	790	24.66	3.58	$2,831
Apr 2002	0	814	23.65	3.51	$2,859
Mar 2002	0	622	22.00	3.10	$1,930
Feb 2002	0	1,365	18.22	2.38	$3,243
Jan 2002	0	1,209	17.17	2.38	$2,872
Dec 2001	0	741	16.93	2.36	$1,752
Nov 2001	0	919	18.07	2.41	$2,211
Oct 2001	0	1,076	19.78	2.53	$2,721
Sep 2001	0	1,485	24.26	2.25	$3,343
Aug 2001	0	1,485	24.87	3.05	$4,534
Jul 2001	0	1,042	23.93	3.20	$3,331
Jun 2001	5	850	24.56	3.82	$3,373
May 2001	2	1,065	25.52	4.31	$4,638
Apr 2001	5	972	24.68	5.34	$5,309
Mar 2001	4	1,096	24.54	5.38	$5,991
Feb 2001	4	864	27.75	5.77	$5,094
Jan 2001	5	684	27.47	8.40	$5,882
Dec 2000	4	1,093	26.88	9.12	$10,078
Nov 2000	2	778	32.21	5.66	$4,466
Oct 2000	0	140	31.23	5.15	$720
Sep 2000	0	270	31.87	5.19	$1,400
Aug 2000	1	487	29.64	4.54	$2,241
Jul 2000	1	536	28.53	4.09	$2,221
Jun 2000	2	583	29.30	4.40	$2,622
May 2000	5	731	27.26	3.68	$2,826
Apr 2000	3	794	24.51	3.12	$2,548
Mar 2000	2	974	28.42	2.86	$2,842
Feb 2000	3	1,044	27.62	2.73	$2,929
Jan 2000	4	908	25.27	2.48	$2,353
Dec 1999	4	656	24.28	2.42	$1,687
Nov 1999	1	475	23.19	2.43	$1,179
Oct 1999	3	533	20.98	2.80	$1,557
Sep 1999	0	573	21.75	2.62	$1,501
Aug 1999	3	910	19.26	2.88	$2,675
Jul 1999	5	1,150	17.89	2.37	$2,818
Jun 1999	3	973	15.94	2.36	$2,346
May 1999	2	722	15.79	2.32	$1,707
Apr 1999	1	865	15.10	2.21	$1,925
Mar 1999	4	356	12.47	1.84	$704
Feb 1999	7	965	9.98	1.82	$1,824
Jan 1999	8	1,616	10.38	1.90	$3,153
Dec 1998	5	566	9.20	1.77	$1,050
Nov 1998	6	577	10.89	2.19	$1,327
Oct 1998	12	1,468	12.42	1.97	$3,040
Sep 1998	3	762	12.59	2.08	$1,625
Aug 1998	5	393	11.30	1.91	$806
Jul 1998	8	1,178	11.74	2.24	$2,729
Jun 1998	13	1,245	11.24	2.24	$2,932
May 1998	9	1,472	12.62	2.21	$3,361
Apr 1998	18	1,582	13.04	2.51	$4,198
Mar 1998	9	1,500	12.80	2.31	$3,579
Feb 1998	21	1,384	13.95	2.30	$3,475
Jan 1998	23	1,733	14.70	2.15	$4,072
Dec 1997	17	1,015	16.32	2.41	$2,725
Nov 1997	0	912	18.19	3.09	$2,816
Oct 1997	0	1,146	19.25	3.15	$3,610
Sep 1997	19	751	17.74	2.95	$2,556
Aug 1997	0	1,186	17.86	2.55	$3,030
Jul 1997	12	933	17.58	2.25	$2,307
Jun 1997	0	906	17.24	2.26	$2,045
May 1997	17	807	18.97	2.31	$2,185
Apr 1997	21	1,364	17.88	2.08	$3,216
Mar 1997	0	1,478	18.95	1.94	$2,866
Feb 1997	21	1,089	20.49	2.21	$2,833
Jan 1997	0	1,020	23.48	3.54	$3,610
Dec 1996	18	1,228	23.32	—	$420
Nov 1996	0	1,417	21.97	—	$0
Oct 1996	20	1,434	23.31	—	$466
Sep 1996	17	1,510	22.22	—	$378
Aug 1996	0	1,524	20.26	—	$0
Jul 1996	17	1,555	19.55	—	$332
Jun 1996	20	1,521	18.73	—	$375
May 1996	20	1,814	19.43	—	$389
Apr 1996	0	1,731	21.51	—	$0
Mar 1996	19	1,819	19.38	—	$368
Feb 1996	12	1,568	16.98	—	$204
Jan 1996	12	1,668	17.07	—	$205
Dec 1995	13	1,744	17.19	—	$223
Nov 1995	0	1,662	16.00	—	$0
Oct 1995	12	1,274	15.43	—	$185
Sep 1995	10	2,032	16.18	—	$162
Aug 1995	0	2,080	15.92	—	$0
Jul 1995	12	2,244	15.24	—	$183
Jun 1995	12	2,130	16.41	—	$197
May 1995	0	2,380	17.56	—	$0
Apr 1995	12	2,312	17.73	—	$213
Mar 1995	31	2,424	16.44	—	$510
Feb 1995	0	2,804	16.58	—	$0
Jan 1995	38	3,660	15.92	—	$605
Dec 1994	47	3,945	15.03	—	$706
Nov 1994	49	4,529	15.90	—	$779
Oct 1994	0	5,279	15.58	—	$0
Sep 1994	62	6,396	15.29	—	$948
Aug 1994	199	12,058	16.13	—	$3,210
Jul 1994	116	22,596	17.56	—	$2,037
Jun 1994	63	11,427	17.09	—	$1,077
May 1994	8	871	15.88	—	$127
Apr 1994	31	594	14.14	—	$438
Mar 1994	29	1,620	12.46	—	$361
Feb 1994	0	2,805	12.50	—	$0
Jan 1994	26	2,575	12.66	—	$329
Dec 1993	25	897	12.33	—	$308
Nov 1993	16	2,022	14.49	—	$232
Oct 1993	22	2,433	15.85	—	$349
Sep 1993	30	2,901	15.03	—	$451
Aug 1993	1	2,171	15.66	—	$16
Jul 1993	0	1,007	15.46	—	$0
Jun 1993	4	21	16.79	—	$67
May 1993	0	387	17.68	—	$0
Apr 1993	8	14	18.05	—	$144
Mar 1993	0	545	18.14	—	$0
Feb 1993	0	1,158	17.90	—	$0
Jan 1993	0	135	16.93	—	$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.

Sep 2010 — as filed, then multipliedworked

Condensate             0 bbl  × $ 72.63 =         $0
Gas                  375 Mcf  × $  3.98 =     $1,492

────────────────────────────────────────────────────
Month total                                   $1,492

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/86385 is the state's own key, not one this site invented.