MARTINEZ-STATE

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

Operated by SHELL WESTERN E&P (P-5 774719) in the RINCON, N. (VICKSBURG CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 92978District 04Field 76723450NGPA filingCondensateGasSave Export

Value, all time

$394 k

Jan 1993 – Oct 2005

Value, last 12 filed months

at the published price for each month

Months reported

154

no gaps in the span

Streams

condensate, gas

The RINCON, N. (VICKSBURG CONS.) 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 101 leases and 101 wells, and the rule below applies to all of them.

Discovered

1999-05-25

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 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 2005-01-01.

The Commission's schedule remark for this field reads: “PRORATION AND SAID ALLOWABLES SHALL BE SET AT CAPACITY.”

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	1	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	3,067 bbl	$67,679
Gas	Production	202,450 Mcf	$326,236
Total			$393,916

104,969 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 26.5885, -98.5212. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.58845, -98.52124 · 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

9,572 ft

1 wells filed one

Completion to plug

6.3 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 9,572 ft.

Completions filed

Jun 1999

1 of 1 wells

Plug dates filed

Oct 2005

1 of 1 wells

Last completion to plug: a median of 6.3 years across the 1 well that filed both dates, with the middle half between 6.3 years and 6.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42731372	5	9,572 ft	Jun 1999	Oct 2005	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 (154)

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

154 months


Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	13	423	28.80	4.60	$2,318
Oct 2003	61	2,752	28.17	4.76	$14,817
Sep 2003	4	1,218	26.31	4.75	$5,890
Aug 2003	56	2,716	29.76	5.13	$15,599
Jul 2003	80	2,262	29.41	5.17	$14,049
Jun 2003	45	2,208	28.56	5.98	$14,496
May 2003	62	1,742	26.59	5.97	$12,053
Apr 2003	70	2,110	26.67	5.41	$13,276
Mar 2003	19	453	31.14	6.10	$3,353
Feb 2003	117	2,794	33.48	7.93	$26,062
Jan 2003	69	1,781	30.31	5.58	$12,033
Dec 2002	98	3,452	26.91	4.85	$19,392
Nov 2002	31	860	24.66	4.14	$4,322
Oct 2002	80	2,511	26.46	4.23	$12,736
Sep 2002	3	0	27.44	3.64	$82
Aug 2002	51	2,147	25.96	3.16	$8,117
Jul 2002	64	1,384	24.58	3.06	$5,811
Jun 2002	45	1,506	23.73	3.34	$6,095
May 2002	174	2,811	24.66	3.58	$14,365
Apr 2002	166	3,263	23.65	3.51	$15,387
Mar 2002	213	3,416	22.00	3.10	$15,285
Feb 2002	218	3,411	18.22	2.38	$12,075
Jan 2002	169	3,160	17.17	2.38	$10,409
Dec 2001	11	197	16.93	2.36	$652
Nov 2001	47	910	18.07	2.41	$3,038
Oct 2001	113	2,284	19.78	2.53	$8,011
Sep 2001	20	2,407	24.26	2.25	$5,904
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	6	565	20.98	2.80	$1,710
Sep 1999	14	1,605	21.75	2.62	$4,508
Aug 1999	14	2,182	19.26	2.88	$6,544
Jul 1999	4	2,423	17.89	2.37	$5,820
Jun 1999	5	1,742	15.94	2.36	$4,194
May 1999	2	984	15.79	2.32	$2,315
Apr 1999	2	747	15.10	2.21	$1,680
Mar 1999	3	1,116	12.47	1.84	$2,089
Feb 1999	3	1,330	9.98	1.82	$2,448
Jan 1999	5	1,164	10.38	1.90	$2,263
Dec 1998	4	1,304	9.20	1.77	$2,349
Nov 1998	3	1,180	10.89	2.19	$2,612
Oct 1998	5	1,335	12.42	1.97	$2,691
Sep 1998	5	1,437	12.59	2.08	$3,056
Aug 1998	4	1,536	11.30	1.91	$2,975
Jul 1998	3	1,838	11.74	2.24	$4,147
Jun 1998	2	1,106	11.24	2.24	$2,497
May 1998	3	1,745	12.62	2.21	$3,888
Apr 1998	2	1,639	13.04	2.51	$4,132
Mar 1998	3	1,714	12.80	2.31	$3,997
Feb 1998	2	859	13.95	2.30	$2,003
Jan 1998	2	525	14.70	2.15	$1,161
Dec 1997	6	774	16.32	2.41	$1,964
Nov 1997	6	1,018	18.19	3.09	$3,253
Oct 1997	3	532	19.25	3.15	$1,733
Sep 1997	5	813	17.74	2.95	$2,491
Aug 1997	4	817	17.86	2.55	$2,159
Jul 1997	4	1,136	17.58	2.25	$2,623
Jun 1997	3	943	17.24	2.26	$2,180
May 1997	3	1,037	18.97	2.31	$2,451
Apr 1997	4	1,263	17.88	2.08	$2,702
Mar 1997	3	1,337	18.95	1.94	$2,649
Feb 1997	5	1,747	20.49	2.21	$3,956
Jan 1997	8	1,810	23.48	3.54	$6,595
Dec 1996	8	2,045	23.32	—	$187
Nov 1996	13	2,509	21.97	—	$286
Oct 1996	8	1,758	23.31	—	$186
Sep 1996	10	2,266	22.22	—	$222
Aug 1996	7	1,401	20.26	—	$142
Jul 1996	52	1,776	19.55	—	$1,017
Jun 1996	67	1,880	18.73	—	$1,255
May 1996	56	1,715	19.43	—	$1,088
Apr 1996	40	1,652	21.51	—	$860
Mar 1996	44	2,038	19.38	—	$853
Feb 1996	95	2,704	16.98	—	$1,613
Jan 1996	59	3,072	17.07	—	$1,007
Dec 1995	0	2,326	17.19	—	$0
Nov 1995	0	716	16.00	—	$0
Oct 1995	0	1,414	15.43	—	$0
Sep 1995	0	1,068	16.18	—	$0
Aug 1995	0	1,067	15.92	—	$0
Jul 1995	0	1,194	15.24	—	$0
Jun 1995	0	1,223	16.41	—	$0
May 1995	0	1,685	17.56	—	$0
Apr 1995	0	1,202	17.73	—	$0
Mar 1995	0	2,404	16.44	—	$0
Feb 1995	0	56	16.58	—	$0
Jan 1995	5	1,793	15.92	—	$80
Dec 1994	7	2,201	15.03	—	$105
Nov 1994	14	2,743	15.90	—	$223
Oct 1994	13	3,953	15.58	—	$203
Sep 1994	19	3,686	15.29	—	$291
Aug 1994	13	3,338	16.13	—	$210
Jul 1994	5	3,924	17.56	—	$88
Jun 1994	3	3,115	17.09	—	$51
May 1994	4	2,847	15.88	—	$64
Apr 1994	6	2,779	14.14	—	$85
Mar 1994	4	2,056	12.46	—	$50
Feb 1994	3	1,066	12.50	—	$38
Jan 1994	4	1,850	12.66	—	$51
Dec 1993	0	1,072	12.33	—	$0
Nov 1993	47	2,732	14.49	—	$681
Oct 1993	0	2,497	15.85	—	$0
Sep 1993	0	2,355	15.03	—	$0
Aug 1993	49	2,568	15.66	—	$767
Jul 1993	52	2,802	15.46	—	$804
Jun 1993	32	1,763	16.79	—	$537
May 1993	42	2,313	17.68	—	$743
Apr 1993	37	1,930	18.05	—	$668
Mar 1993	0	4,451	18.14	—	$0
Feb 1993	0	1,642	17.90	—	$0
Jan 1993	0	4,322	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.

Nov 2003 — as filed, then multipliedworked

Condensate            13 bbl  × $ 28.80 =       $374
Gas                  423 Mcf  × $  4.60 =     $1,944

────────────────────────────────────────────────────
Month total                                   $2,318

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/92978 is the state's own key, not one this site invented.