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, NORTH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2349District 04Field 76723001NGPA filingOilCasinghead gasSave Export

Value, all time

$690 k

Jan 1993 – Sep 2006

Value, last 12 filed months

at the published price for each month

Months reported

165

no gaps in the span

Streams

oil, casinghead gas

The RINCON, NORTH 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 17 leases and 70 wells, and the rule below applies to all of them.

Discovered

1940-06-03

as the register files it

Field class

Oil and 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 Commission's schedule remark for this field reads: “ALLOC. FORMU. SUSP. ADMIN. EFF 11-1-95.”

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
Oil	Disposition	19,972 bbl	$359,575
Casinghead gas	Production	241,938 Mcf	$330,555
Total			$690,130

117,789 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 (17)

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 26.6000, -98.5616. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.4 miles. 1 well has no surveyed location and is left out of it.

26.59895, -98.55943 · centre of 16 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%

17 of 17 wells

With a plug date

76.5%

13 of 17 wells

Median depth

4,605 ft

15 wells filed one

Completion to plug

14.6 years

median over 5 wells

What the state filed about each well

On the RRC proration schedule

17100.0%

A plug date is filed

1376.5%

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

1376.5%

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

Total depth in feet, 15 of 17 wells. Median 4,605 ft, with the middle half between 4,534 and 6,262 ft; the shallowest is 4,260 ft and the deepest 8,805 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 7 of 17 wells, Oct 1951 – Apr 2022. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Oct 1951 – Apr 2022

7 of 17 wells; 10 filed none

Plug dates filed

Jun 1979 – Jul 2006

13 of 17 wells; 4 filed none

Last completion to plug: a median of 14.6 years across the 5 wells that filed both dates, with the middle half between 5.2 years and 33.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

17 wells


42-42701118	2	4,285 ft	—	Jun 1979	Yes
42-42701119	3	4,315 ft	—	Dec 1990	Yes
42-42701120	4	4,260 ft	—	Jan 1991	Yes
42-42701125	9	6,012 ft	—	Jul 1993	Yes
42-42701131	22	4,533 ft	—	Jul 1993	Yes
42-42701132	23	4,535 ft	—	Dec 1990	Yes
42-42701133	24	4,658 ft	—	Jul 2006	Yes
42-42701249	19	5,710 ft	—	Jul 1993	Yes
42-42780380	16	—	—	—	Yes
42-42780381	18	—	—	—	Yes
42-42701253	28	8,501 ft	Apr 2022	—	Yes
42-42732584	39	6,511 ft	Sep 1993	—	Yes
42-42701122	6	6,650 ft	Nov 1991	Jul 1993	Yes
42-42730118	35	8,805 ft	Apr 1991	Nov 2005	Yes
42-42701123	7	4,562 ft	Feb 1991	Apr 1996	Yes
42-42701128	12	4,605 ft	Mar 1955	Feb 1989	Yes
42-42701129	13	4,595 ft	Oct 1951	Jul 1993	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 (165)

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

165 months


Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
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	0	0	54.94	13.42	$0
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	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	1	0	42.37	5.55	$42
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	4	0	36.10	6.43	$144
May 2004	7	13	37.48	6.49	$347
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	31	146	34.36	5.53	$1,873
Feb 2004	61	303	32.45	5.51	$3,649
Jan 2004	94	163	32.03	6.30	$4,038
Dec 2003	31	110	30.26	6.30	$1,631
Nov 2003	0	172	28.80	4.60	$790
Oct 2003	27	148	28.17	4.76	$1,465
Sep 2003	20	258	26.31	4.75	$1,752
Aug 2003	27	240	29.76	5.13	$2,035
Jul 2003	25	199	29.41	5.17	$1,764
Jun 2003	21	253	28.56	5.98	$2,113
May 2003	19	315	26.59	5.97	$2,387
Apr 2003	20	217	26.67	5.41	$1,707
Mar 2003	15	123	31.14	6.10	$1,217
Feb 2003	12	156	33.48	7.93	$1,638
Jan 2003	9	211	30.31	5.58	$1,451
Dec 2002	8	119	26.91	4.85	$793
Nov 2002	8	155	24.66	4.14	$839
Oct 2002	8	304	26.46	4.23	$1,497
Sep 2002	9	226	27.44	3.64	$1,069
Aug 2002	22	313	25.96	3.16	$1,562
Jul 2002	13	319	24.58	3.06	$1,296
Jun 2002	51	284	23.73	3.34	$2,158
May 2002	30	330	24.66	3.58	$1,923
Apr 2002	31	259	23.65	3.51	$1,643
Mar 2002	60	310	22.00	3.10	$2,282
Feb 2002	29	496	18.22	2.38	$1,707
Jan 2002	29	550	17.17	2.38	$1,805
Dec 2001	0	509	16.93	2.36	$1,203
Nov 2001	23	122	18.07	2.41	$709
Oct 2001	49	527	19.78	2.53	$2,302
Sep 2001	36	514	24.26	2.25	$2,031
Aug 2001	77	694	24.87	3.05	$4,034
Jul 2001	36	564	23.93	3.20	$2,665
Jun 2001	27	685	24.56	3.82	$3,283
May 2001	59	689	25.52	4.31	$4,473
Apr 2001	36	615	24.68	5.34	$4,170
Mar 2001	72	630	24.54	5.38	$5,154
Feb 2001	68	502	27.75	5.77	$4,782
Jan 2001	0	607	27.47	8.40	$5,098
Dec 2000	116	625	26.88	9.12	$8,820
Nov 2000	63	659	32.21	5.66	$5,758
Oct 2000	63	624	31.23	5.15	$5,178
Sep 2000	0	798	31.87	5.19	$4,139
Aug 2000	78	464	29.64	4.54	$4,419
Jul 2000	72	442	28.53	4.09	$3,862
Jun 2000	0	446	29.30	4.40	$1,961
May 2000	77	498	27.26	3.68	$3,932
Apr 2000	0	462	24.51	3.12	$1,440
Mar 2000	74	584	28.42	2.86	$3,773
Feb 2000	76	539	27.62	2.73	$3,569
Jan 2000	73	584	25.27	2.48	$3,293
Dec 1999	192	741	24.28	2.42	$6,458
Nov 1999	83	723	23.19	2.43	$3,685
Oct 1999	84	703	20.98	2.80	$3,733
Sep 1999	86	608	21.75	2.62	$3,463
Aug 1999	85	547	19.26	2.88	$3,210
Jul 1999	91	224	17.89	2.37	$2,159
Jun 1999	93	225	15.94	2.36	$2,014
May 1999	95	202	15.79	2.32	$1,969
Apr 1999	0	141	15.10	2.21	$311
Mar 1999	94	153	12.47	1.84	$1,453
Feb 1999	99	398	9.98	1.82	$1,712
Jan 1999	175	281	10.38	1.90	$2,350
Dec 1998	74	331	9.20	1.77	$1,268
Nov 1998	0	401	10.89	2.19	$876
Oct 1998	33	6,891	12.42	1.97	$13,980
Sep 1998	85	4,533	12.59	2.08	$10,511
Aug 1998	55	2,687	11.30	1.91	$5,747
Jul 1998	86	11,376	11.74	2.24	$26,461
Jun 1998	308	11,917	11.24	2.24	$30,123
May 1998	128	8,167	12.62	2.21	$19,635
Apr 1998	130	10,007	13.04	2.51	$26,766
Mar 1998	234	9,000	12.80	2.31	$23,780
Feb 1998	119	2,765	13.95	2.30	$8,017
Jan 1998	128	2,883	14.70	2.15	$8,094
Dec 1997	289	2,220	16.32	2.41	$10,069
Nov 1997	302	2,318	18.19	3.09	$12,652
Oct 1997	143	2,335	19.25	3.15	$10,108
Sep 1997	144	2,574	17.74	2.95	$10,160
Aug 1997	149	1,932	17.86	2.55	$7,597
Jul 1997	107	2,039	17.58	2.25	$6,463
Jun 1997	189	2,009	17.24	2.26	$7,793
May 1997	86	2,319	18.97	2.31	$6,985
Apr 1997	187	2,274	17.88	2.08	$8,080
Mar 1997	202	2,641	18.95	1.94	$8,949
Feb 1997	255	2,517	20.49	2.21	$10,777
Jan 1997	328	2,992	23.48	3.54	$18,292
Dec 1996	397	2,777	23.32	—	$9,258
Nov 1996	221	697	21.97	—	$4,855
Oct 1996	756	1,401	23.31	—	$17,622
Sep 1996	406	3,108	22.22	—	$9,021
Aug 1996	247	2,819	20.26	—	$5,004
Jul 1996	190	2,765	19.55	—	$3,715
Jun 1996	200	3,073	18.73	—	$3,746
May 1996	215	3,253	19.43	—	$4,177
Apr 1996	206	3,000	21.51	—	$4,431
Mar 1996	219	2,895	19.38	—	$4,244
Feb 1996	346	3,413	16.98	—	$5,875
Jan 1996	241	2,531	17.07	—	$4,114
Dec 1995	240	4,488	17.19	—	$4,126
Nov 1995	254	4,795	16.00	—	$4,064
Oct 1995	123	4,550	15.43	—	$1,898
Sep 1995	247	4,497	16.18	—	$3,996
Aug 1995	238	3,296	15.92	—	$3,789
Jul 1995	236	3,914	15.24	—	$3,597
Jun 1995	343	3,385	16.41	—	$5,629
May 1995	223	2,839	17.56	—	$3,916
Apr 1995	202	2,324	17.73	—	$3,581
Mar 1995	191	2,500	16.44	—	$3,140
Feb 1995	247	2,069	16.58	—	$4,095
Jan 1995	206	2,140	15.92	—	$3,280
Dec 1994	262	2,284	15.03	—	$3,938
Nov 1994	632	1,676	15.90	—	$10,049
Oct 1994	211	1,897	15.58	—	$3,287
Sep 1994	400	2,021	15.29	—	$6,116
Aug 1994	198	2,148	16.13	—	$3,194
Jul 1994	358	1,611	17.56	—	$6,286
Jun 1994	0	2,941	17.09	—	$0
May 1994	171	1,300	15.88	—	$2,715
Apr 1994	177	1,076	14.14	—	$2,503
Mar 1994	382	1,940	12.46	—	$4,760
Feb 1994	190	1,483	12.50	—	$2,375
Jan 1994	383	1,723	12.66	—	$4,849
Dec 1993	186	2,100	12.33	—	$2,293
Nov 1993	379	1,722	14.49	—	$5,492
Oct 1993	350	1,599	15.85	—	$5,548
Sep 1993	358	1,306	15.03	—	$5,381
Aug 1993	347	1,626	15.66	—	$5,434
Jul 1993	176	1,776	15.46	—	$2,721
Jun 1993	349	1,793	16.79	—	$5,860
May 1993	180	2,700	17.68	—	$3,182
Apr 1993	354	1,725	18.05	—	$6,390
Mar 1993	163	2,861	18.14	—	$2,957
Feb 1993	182	1,844	17.90	—	$3,258
Jan 1993	355	2,108	16.93	—	$6,010

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.

Aug 2004 — as filed, then multipliedworked

Oil                    1 bbl  × $ 42.37 =        $42
Casinghead gas         0 Mcf  × $  5.55 =         $0

────────────────────────────────────────────────────
Month total                                      $42

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/2349 is the state's own key, not one this site invented.