MARTINEZ, C.

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

Gas lease lease 88354District 04Field 50925015NGPA filingCondensateGasSaveExport
Value, all time
$3.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 719 leases and 719 wells, and the rule below applies to all of them.

Discovered
1999-06-29
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 2010-11-02.

The Commission's schedule remark for this field reads: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

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
CondensateDisposition413 bbl$9,347
GasProduction1,814,916 Mcf$3,024,279
Total$3,033,626

970,779 Mcf of this lease's gas, across 46 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 27.2972, -99.3152. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.29723, -99.31519 · 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
9,497 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 9,497 ft.

Completions filed
Aug 2021
1 of 1 wells

1 well

42-4793238339,497 ftAug 2021

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 202102270.783.98$88
Jun 202103969.493.38$132
May 202104463.483.02$133
Apr 202106560.362.76$179
Mar 202101061.302.72$27
Feb 202103457.805.55$189
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200737.091.99$14
Aug 202006539.982.39$155
Jul 20200038.371.83$0
Jun 202001934.901.69$32
May 202002216.921.81$40
Apr 202002614.751.80$47
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 201906253.472.42$150
Sep 201905455.052.66$143
Aug 201909153.112.30$210
Jul 201909256.272.46$226
Jun 201909052.782.49$224
May 201909258.482.74$252
Apr 201908962.632.75$245
Mar 201909356.803.06$285
Feb 201908250.852.79$229
Jan 201909346.033.23$300
Dec 201809246.594.19$385
Nov 201808952.934.24$377
Oct 201807261.443.40$245
Sep 201808759.543.11$270
Aug 201808759.403.07$267
Jul 2018010265.142.93$299
Jun 201819260.183.08$343
May 201809165.382.90$264
Apr 2018010963.842.90$316
Mar 201808361.222.79$231
Feb 2018010361.782.77$285
Jan 2018010062.874.01$401
Dec 201705757.272.92$167
Nov 201707155.423.12$221
Oct 201705449.292.98$161
Sep 201708947.523.09$275
Aug 2017010545.373.00$315
Jul 201708343.873.09$256
Jun 201706542.493.09$201
May 201709445.373.26$307
Apr 201709947.933.21$318
Mar 2017010146.772.98$301
Feb 201709850.452.95$289
Jan 201705649.413.42$191
Dec 201601348.763.72$48
Nov 201602742.492.64$71
Oct 201602146.193.09$65
Sep 201602741.553.10$84
Aug 201602841.442.92$82
Jul 20160041.622.92$0
Jun 201602745.352.69$73
May 201607542.521.99$149
Apr 201607636.561.99$151
Mar 201606933.011.79$124
Feb 201604626.472.06$95
Jan 201603427.352.36$80
Dec 201504232.362.00$84
Nov 201508038.792.17$173
Oct 201508943.552.43$216
Sep 201509942.992.76$273
Aug 20150040.162.87$0
Jul 201503648.152.95$106
Jun 201508356.152.88$239
May 201509255.212.96$272
Apr 201508949.822.71$241
Mar 2015014742.892.93$431
Feb 2015013744.662.98$408
Jan 2015015243.433.10$471
Dec 2014015454.693.59$553
Nov 2014027670.464.25$1,174
Oct 2014024078.303.90$936
Sep 201403186.164.05$125
Aug 201401,12489.394.04$4,535
Jul 2014023296.564.18$970
Jun 2014013398.164.74$630
May 2014012494.734.73$586
Apr 2014011995.944.81$572
Mar 201407495.895.06$374
Feb 2014010897.406.19$669
Jan 2014012190.404.86$588
Dec 2013012691.824.35$549
Nov 2013012488.853.74$464
Oct 2013013897.423.78$522
Sep 20130137104.113.72$509
Aug 20130135104.253.52$476
Jul 20130135102.523.72$502
Jun 2013013594.403.93$531
May 2013014494.834.15$597
Apr 2013013793.964.28$587
Mar 2013013593.623.91$528
Feb 2013011791.233.42$400
Jan 2013013491.603.42$458
Dec 201208686.773.42$294
Nov 2012012986.953.62$468
Oct 201201289.383.40$41
Sep 2012014994.672.92$435
Aug 2012015292.662.91$442
Jul 2012014785.133.02$444
Jun 2012013979.822.52$350
May 201207191.612.49$177
Apr 20120155101.652.00$310
Mar 20120188105.052.22$418
Feb 2012061101.102.57$157
Jan 201207998.092.73$216
Dec 20110096.873.24$0
Nov 201106795.723.31$222
Oct 2011013784.983.65$500
Sep 201104483.623.99$175
Aug 201105283.404.15$216
Jul 2011023094.144.52$1,039
Jun 20110092.904.64$0
May 201103398.134.40$145
Apr 20110128105.964.33$555
Mar 2011015296.364.06$617
Feb 2011022085.644.18$920
Jan 2011079486.504.59$3,643
Dec 201001,11785.734.35$4,856
Nov 2010051480.843.80$1,951
Oct 201001,66178.103.51$5,828
Sep 201002,19072.633.98$8,715
Aug 201002,58173.684.42$11,406
Jul 201003,22872.554.74$15,289
Jun 201002,12370.364.91$10,425
May 201001,06271.124.24$4,498
Apr 201001,37581.694.12$5,669
Mar 201002,05578.394.39$9,019
Feb 2010027973.585.44$1,518
Jan 2010014374.365.96$853
Dec 2009017171.445.48$938
Nov 2009017674.593.75$660
Oct 2009086172.544.11$3,539
Sep 200901,83765.543.06$5,630
Aug 200901,33667.423.22$4,300
Jul 200901,78161.133.46$6,170
Jun 200902,30166.163.90$8,962
May 200901,18954.743.93$4,668
Apr 200901,25446.773.59$4,499
Mar 200901,45742.144.06$5,914
Feb 200902,32332.814.63$10,762
Jan 200902,53135.865.37$13,594
Dec 200801,64637.105.98$9,838
Nov 20080255.496.86$14
Oct 2008019975.246.92$1,377
Sep 20080250101.767.88$1,969
Aug 20080225114.228.48$1,909
Jul 20080111131.0811.39$1,264
Jun 20080607131.3313.03$7,911
May 200801,944123.1711.57$22,500
Apr 20080308110.3110.45$3,220
Mar 200802,731101.909.66$26,393
Feb 200802,76992.538.77$24,286
Jan 200801,86890.388.21$15,328
Dec 200702,50388.337.30$18,277
Nov 200701,87791.677.29$13,687
Oct 20072225782.856.92$3,602
Sep 200703,26575.846.24$20,387
Aug 200703,60469.066.39$23,022
Jul 2007091570.906.39$5,845
Jun 2007073162.007.55$5,518
May 2007042858.747.85$3,358
Apr 2007073059.617.81$5,698
Mar 200701,04956.927.30$7,660
Feb 200701,20655.108.22$9,909
Jan 200702,43350.306.73$16,366
Dec 200604,01656.656.92$27,784
Nov 200604,12554.207.62$31,422
Oct 200604,37154.906.01$26,286
Sep 200604,20260.085.04$21,166
Aug 200601,91468.717.34$14,049
Jul 200602,98869.376.34$18,952
Jun 200601,18866.286.38$7,584
May 2006063466.016.42$4,073
Apr 2006016864.397.36$1,237
Mar 2006056156.707.08$3,974
Feb 2006066957.597.75$5,186
Jan 200601,61660.598.93$14,436
Dec 2005070454.9413.42$9,444
Nov 2005064054.6910.59$6,777
Oct 200501,57558.3413.80$21,728
Sep 200501,08161.4512.08$13,057
Aug 200501,39861.519.80$13,696
Jul 200501,04855.697.84$8,220
Jun 200501,11652.337.38$8,237
May 2005084045.226.65$5,587
Apr 200501,61749.207.36$11,902
Mar 200502,31350.377.15$16,549
Feb 200502,01445.226.31$12,712
Jan 200501,01543.166.32$6,417
Dec 2004084039.866.75$5,671
Nov 200401,03445.286.33$6,546
Oct 200401,24149.706.52$8,085
Sep 2004086943.245.28$4,592
Aug 200401,14842.375.55$6,372
Jul 200401,67038.286.08$10,161
Jun 200401,93236.106.43$12,429
May 200401,23337.486.49$8,008
Apr 200403,09734.475.86$18,144
Mar 200402,85834.365.53$15,805
Feb 200403,85332.455.51$21,229
Jan 2004263,50532.036.30$22,913
Dec 200303,93630.266.30$24,803
Nov 200301,62528.804.60$7,467
Oct 200304,58628.174.76$21,828
Sep 200302,20226.314.75$10,458
Aug 200303,17429.765.13$16,282
Jul 200302,79729.415.17$14,463
Jun 200302,27128.565.98$13,587
May 200303,35726.595.97$20,050
Apr 200303,85126.675.41$20,823
Mar 200303,75131.146.10$22,866
Feb 200303,26333.487.93$25,862
Jan 200303,30930.315.58$18,471
Dec 200203,59826.914.85$17,464
Nov 200203,50624.664.14$14,504
Oct 200203,60526.464.23$15,246
Sep 200203,69727.443.64$13,439
Aug 200202,35625.963.16$7,455
Jul 200203,52724.583.06$10,799
Jun 200203,55523.733.34$11,867
May 200202,30124.663.58$8,247
Apr 200203,93623.653.51$13,824
Mar 200214,12222.003.10$12,811
Feb 200201,67118.222.38$3,970
Jan 200202,29417.172.38$5,450
Dec 200104,58616.932.36$10,843
Nov 200104,43118.072.41$10,659
Oct 200104,62519.782.53$11,696
Sep 200104,71924.262.25$10,624
Aug 200103,38124.873.05$10,323
Jul 200105,52423.933.20$17,661
Jun 200105,36624.563.82$20,520
May 200105,10825.524.31$22,002
Apr 200105,99524.685.34$31,985
Mar 200106,05224.545.38$32,538
Feb 200106,25227.755.77$36,056
Jan 200106,37327.478.40$53,525
Dec 200006,82226.889.12$62,234
Nov 200017,52832.215.66$42,626
Oct 200015,82231.235.15$29,988
Sep 200007,07431.875.19$36,689
Aug 200008,01029.644.54$36,371
Jul 200008,31428.534.09$34,002
Jun 200007,21029.304.40$31,704
May 200007,89927.263.68$29,066
Apr 200007,79724.513.12$24,295
Mar 200008,55428.422.86$24,462
Feb 200008,49727.622.73$23,167
Jan 200009,21025.272.48$22,845
Dec 199909,94624.282.42$24,106
Nov 1999648,15623.192.43$21,336
Oct 199909,17720.982.80$25,730
Sep 199907,12421.752.62$18,657
Aug 1999010,40119.262.88$29,909
Jul 199909,57717.892.37$22,720
Jun 1999010,45915.942.36$24,705
May 1999011,73815.792.32$27,244
Apr 1999010,76615.102.21$23,772
Mar 1999014,14912.471.84$26,011
Feb 199904,2669.981.82$7,755
Jan 1999010,88210.381.90$20,675
Dec 1998011,2069.201.77$19,872
Nov 1998013,04010.892.19$28,502
Oct 199809,32412.421.97$18,361
Sep 1998012,82612.592.08$26,712
Aug 199807,78111.301.91$14,841
Jul 1998013,64611.742.24$30,530
Jun 1998111,19911.242.24$25,066
May 1998012,26812.622.21$27,067
Apr 1998013,37113.042.51$33,499
Mar 1998014,54712.802.31$33,595
Feb 1998012,97713.952.30$29,836
Jan 1998015,05214.702.15$32,434
Dec 1997012,83716.322.41$30,951
Nov 1997015,90318.193.09$49,113
Oct 1997016,83919.253.15$53,040
Sep 1997016,12717.742.95$47,653
Aug 1997016,71017.862.55$42,690
Jul 1997017,21217.582.25$38,674
Jun 1997016,91217.242.26$38,174
May 1997017,10818.972.31$39,494
Apr 1997117,57217.882.08$36,616
Mar 1997018,82218.951.94$36,498
Feb 1997117,41720.492.21$38,441
Jan 1997020,74823.483.54$73,442
Dec 1996221,68523.32$47
Nov 19965521,61921.97$1,208
Oct 1996022,22323.31$0
Sep 1996017,01422.22$0
Aug 199604,02720.26$0
Jul 199603,28319.55$0
Jun 199608,57618.73$0
May 1996019,75919.43$0
Apr 1996119,66221.51$22
Mar 1996021,02519.38$0
Feb 1996018,46516.98$0
Jan 1996219,27917.07$34
Dec 1995020,30217.19$0
Nov 199510919,87416.00$1,744
Oct 1995020,49615.43$0
Sep 1995019,60516.18$0
Aug 1995020,97215.92$0
Jul 1995021,28615.24$0
Jun 1995021,40916.41$0
May 1995021,96017.56$0
Apr 1995020,50217.73$0
Mar 1995021,43816.44$0
Feb 1995019,50616.58$0
Jan 1995021,67815.92$0
Dec 1994021,72115.03$0
Nov 1994021,18615.90$0
Oct 1994021,15715.58$0
Sep 1994021,76715.29$0
Aug 1994021,37916.13$0
Jul 1994022,22017.56$0
Jun 1994022,97517.09$0
May 1994125,85115.88$16
Apr 1994028,50914.14$0
Mar 19943110,74112.46$386
Feb 19941012.50$13
Jan 19940012.66$0
Dec 1993114,49312.33$12
Nov 1993025,28714.49$0
Oct 1993126,68215.85$16
Sep 1993025,26015.03$0
Aug 19934625,92615.66$720
Jul 1993025,96915.46$0
Jun 1993025,58316.79$0
May 1993127,20217.68$18
Apr 19934327,12218.05$776
Mar 1993028,13518.14$0
Feb 1993026,32717.90$0
Jan 1993029,64216.93$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.

Jul 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 70.78 =         $0
Gas                   22 Mcf  × $  3.98 =        $88

────────────────────────────────────────────────────
Month total                                      $88

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/88354 is the state's own key, not one this site invented.