MARTINEZ -B-

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

Operated by NOBLE ENERGY INC (P-5 611665) in the RINCON, N. (G SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12029District 04Field 76723198OilCasinghead gasSave Export

Value, all time

$745 k

Jan 1993 – Mar 2006

Value, last 12 filed months

$26 k

at the published price for each month

Months reported

159

no gaps in the span

Streams

oil, casinghead gas

The RINCON, N. (G SAND) 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered

1991-11-28

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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
Oil	Disposition	21,702 bbl	$469,397
Casinghead gas	Production	152,804 Mcf	$275,286
Total			$744,683

68,434 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 26.5976, -98.5561. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.59761, -98.55612 · 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

0.0%

0 of 1 wells

Median depth

8,790 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

1100.0%

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.

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 8,790 ft.

Completions filed

Jul 2005

1 of 1 wells

1 well


42-42732261	36	8,790 ft	Jul 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 (159)

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

159 months


Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	98	0	54.94	13.42	$5,384
Nov 2005	0	0	54.69	10.59	$0
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	28	55.69	7.84	$220
Jun 2005	178	90	52.33	7.38	$9,979
May 2005	179	163	45.22	6.65	$9,179
Apr 2005	0	139	49.20	7.36	$1,023
Mar 2005	179	135	50.37	7.15	$9,982
Feb 2005	181	123	45.22	6.31	$8,961
Jan 2005	0	147	43.16	6.32	$929
Dec 2004	171	187	39.86	6.75	$8,079
Nov 2004	180	216	45.28	6.33	$9,518
Oct 2004	0	195	49.70	6.52	$1,270
Sep 2004	175	336	43.24	5.28	$9,342
Aug 2004	177	558	42.37	5.55	$10,597
Jul 2004	0	607	38.28	6.08	$3,693
Jun 2004	172	335	36.10	6.43	$8,364
May 2004	161	511	37.48	6.49	$9,353
Apr 2004	0	631	34.47	5.86	$3,697
Mar 2004	151	1,633	34.36	5.53	$14,219
Feb 2004	123	517	32.45	5.51	$6,840
Jan 2004	272	422	32.03	6.30	$11,371
Dec 2003	150	325	30.26	6.30	$6,587
Nov 2003	0	481	28.80	4.60	$2,210
Oct 2003	153	323	28.17	4.76	$5,847
Sep 2003	162	478	26.31	4.75	$6,532
Aug 2003	152	385	29.76	5.13	$6,498
Jul 2003	157	451	29.41	5.17	$6,949
Jun 2003	149	522	28.56	5.98	$7,379
May 2003	156	540	26.59	5.97	$7,373
Apr 2003	161	380	26.67	5.41	$6,349
Mar 2003	115	315	31.14	6.10	$5,501
Feb 2003	112	382	33.48	7.93	$6,777
Jan 2003	116	437	30.31	5.58	$5,955
Dec 2002	121	252	26.91	4.85	$4,479
Nov 2002	117	296	24.66	4.14	$4,110
Oct 2002	98	611	26.46	4.23	$5,177
Sep 2002	90	473	27.44	3.64	$4,189
Aug 2002	150	607	25.96	3.16	$5,815
Jul 2002	74	613	24.58	3.06	$3,696
Jun 2002	141	507	23.73	3.34	$5,038
May 2002	65	458	24.66	3.58	$3,244
Apr 2002	70	407	23.65	3.51	$3,085
Mar 2002	139	484	22.00	3.10	$4,560
Feb 2002	66	457	18.22	2.38	$2,288
Jan 2002	60	212	17.17	2.38	$1,534
Dec 2001	0	62	16.93	2.36	$147
Nov 2001	75	152	18.07	2.41	$1,721
Oct 2001	139	489	19.78	2.53	$3,986
Sep 2001	72	525	24.26	2.25	$2,929
Aug 2001	149	767	24.87	3.05	$6,047
Jul 2001	83	669	23.93	3.20	$4,125
Jun 2001	85	752	24.56	3.82	$4,963
May 2001	157	669	25.52	4.31	$6,888
Apr 2001	81	518	24.68	5.34	$4,763
Mar 2001	163	641	24.54	5.38	$7,446
Feb 2001	155	547	27.75	5.77	$7,456
Jan 2001	0	659	27.47	8.40	$5,535
Dec 2000	263	680	26.88	9.12	$13,273
Nov 2000	141	719	32.21	5.66	$8,610
Oct 2000	138	669	31.23	5.15	$7,752
Sep 2000	0	574	31.87	5.19	$2,977
Aug 2000	112	928	29.64	4.54	$7,534
Jul 2000	99	939	28.53	4.09	$6,665
Jun 2000	0	986	29.30	4.40	$4,336
May 2000	107	1,051	27.26	3.68	$6,784
Apr 2000	0	982	24.51	3.12	$3,060
Mar 2000	106	1,279	28.42	2.86	$6,670
Feb 2000	110	1,182	27.62	2.73	$6,261
Jan 2000	108	1,490	25.27	2.48	$6,425
Dec 1999	262	1,572	24.28	2.42	$10,171
Nov 1999	115	1,541	23.19	2.43	$6,418
Oct 1999	119	1,485	20.98	2.80	$6,660
Sep 1999	123	1,293	21.75	2.62	$6,061
Aug 1999	125	956	19.26	2.88	$5,157
Jul 1999	126	962	17.89	2.37	$4,536
Jun 1999	126	989	15.94	2.36	$4,345
May 1999	129	871	15.79	2.32	$4,059
Apr 1999	0	619	15.10	2.21	$1,367
Mar 1999	118	664	12.47	1.84	$2,692
Feb 1999	111	955	9.98	1.82	$2,844
Jan 1999	184	1,084	10.38	1.90	$3,969
Dec 1998	78	1,136	9.20	1.77	$2,732
Nov 1998	0	1,111	10.89	2.19	$2,428
Oct 1998	33	2,960	12.42	1.97	$6,239
Sep 1998	103	2,799	12.59	2.08	$7,126
Aug 1998	70	3,266	11.30	1.91	$7,020
Jul 1998	77	3,243	11.74	2.24	$8,159
Jun 1998	137	2,671	11.24	2.24	$7,516
May 1998	66	2,821	12.62	2.21	$7,057
Apr 1998	68	2,227	13.04	2.51	$6,466
Mar 1998	140	2,458	12.80	2.31	$7,469
Feb 1998	76	1,088	13.95	2.30	$3,562
Jan 1998	68	1,125	14.70	2.15	$3,424
Dec 1997	111	563	16.32	2.41	$3,169
Nov 1997	114	577	18.19	3.09	$3,856
Oct 1997	53	589	19.25	3.15	$2,875
Sep 1997	53	620	17.74	2.95	$2,772
Aug 1997	55	539	17.86	2.55	$2,359
Jul 1997	67	770	17.58	2.25	$2,908
Jun 1997	129	801	17.24	2.26	$4,032
May 1997	66	933	18.97	2.31	$3,406
Apr 1997	140	885	17.88	2.08	$4,346
Mar 1997	136	917	18.95	1.94	$4,355
Feb 1997	143	864	20.49	2.21	$4,836
Jan 1997	144	1,118	23.48	3.54	$7,339
Dec 1996	112	1,027	23.32	—	$2,612
Nov 1996	58	913	21.97	—	$1,274
Oct 1996	166	1,090	23.31	—	$3,869
Sep 1996	76	1,226	22.22	—	$1,689
Aug 1996	54	1,352	20.26	—	$1,094
Jul 1996	51	1,355	19.55	—	$997
Jun 1996	49	771	18.73	—	$918
May 1996	65	1,253	19.43	—	$1,263
Apr 1996	83	1,010	21.51	—	$1,785
Mar 1996	121	1,526	19.38	—	$2,345
Feb 1996	225	2,257	16.98	—	$3,821
Jan 1996	156	1,739	17.07	—	$2,663
Dec 1995	156	3,119	17.19	—	$2,682
Nov 1995	166	3,219	16.00	—	$2,656
Oct 1995	81	2,956	15.43	—	$1,250
Sep 1995	166	2,695	16.18	—	$2,686
Aug 1995	163	2,001	15.92	—	$2,595
Jul 1995	166	2,446	15.24	—	$2,530
Jun 1995	242	2,140	16.41	—	$3,971
May 1995	162	1,739	17.56	—	$2,845
Apr 1995	159	1,451	17.73	—	$2,819
Mar 1995	175	1,726	16.44	—	$2,877
Feb 1995	242	1,288	16.58	—	$4,012
Jan 1995	205	1,479	15.92	—	$3,264
Dec 1994	249	1,527	15.03	—	$3,742
Nov 1994	556	1,155	15.90	—	$8,840
Oct 1994	184	1,093	15.58	—	$2,867
Sep 1994	366	1,225	15.29	—	$5,596
Aug 1994	191	1,305	16.13	—	$3,081
Jul 1994	403	1,009	17.56	—	$7,077
Jun 1994	0	2,297	17.09	—	$0
May 1994	213	1,108	15.88	—	$3,382
Apr 1994	192	636	14.14	—	$2,715
Mar 1994	364	786	12.46	—	$4,535
Feb 1994	185	638	12.50	—	$2,313
Jan 1994	376	663	12.66	—	$4,760
Dec 1993	187	778	12.33	—	$2,306
Nov 1993	394	743	14.49	—	$5,709
Oct 1993	397	846	15.85	—	$6,292
Sep 1993	408	560	15.03	—	$6,132
Aug 1993	402	691	15.66	—	$6,295
Jul 1993	213	1,161	15.46	—	$3,293
Jun 1993	436	1,442	16.79	—	$7,320
May 1993	224	2,327	17.68	—	$3,960
Apr 1993	442	1,216	18.05	—	$7,978
Mar 1993	203	1,474	18.14	—	$3,682
Feb 1993	221	922	17.90	—	$3,956
Jan 1993	418	1,054	16.93	—	$7,077

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.

Dec 2005 — as filed, then multipliedworked

Oil                   98 bbl  × $ 54.94 =     $5,384
Casinghead gas         0 Mcf  × $ 13.42 =         $0

────────────────────────────────────────────────────
Month total                                   $5,384

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/O/12029 is the state's own key, not one this site invented.