MARTIN #1 GAS UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BALD PRAIRIE (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 139844District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$33 k
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 868 leases and 868 wells, and the rule below applies to all of them.

Discovered
2001-02-22
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2011-03-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PER DOCKET 05-0268631 EFFECTIVE 03/08/2011, AMENDED RULE 2 TO

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
High Cost Gas221992-01-01 – 2004-03-292 dockets
NGPA2none

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
CondensateDisposition103 bbl$3,483
GasProduction2,443,470 Mcf$7,532,051
Total$7,535,535

706,108 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 31.2079, -96.4579. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.20790, -96.45789 · 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
13,100 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 13,100 ft.

Completions filed
Jan 2001
1 of 1 wells

1 well

42-39530373413,100 ftJan 2001

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 20260812106.413.05$2,473
Apr 2026079598.932.87$2,281
Mar 2026081189.753.15$2,554
Feb 2026077263.503.75$2,895
Jan 2026076559.138.00$6,118
Dec 2025075356.664.41$3,323
Nov 2025063958.593.93$2,509
Oct 2025068059.383.30$2,247
Sep 2025060962.743.08$1,874
Aug 2025072563.933.01$2,186
Jul 2025076566.743.32$2,536
Jun 2025075766.483.13$2,368
May 2025077560.553.23$2,505
Apr 2025077162.363.54$2,732
Mar 2025083567.704.27$3,564
Feb 2025082070.884.34$3,559
Jan 2025091374.324.28$3,906
Dec 2024096268.993.12$3,003
Nov 2024094269.052.20$2,071
Oct 2024098771.372.28$2,252
Sep 202401,02169.612.36$2,414
Aug 2024061375.632.06$1,265
Jul 2024068779.932.15$1,475
Jun 2024069378.082.63$1,825
May 2024057478.812.20$1,262
Apr 2024061584.451.66$1,020
Mar 2024071280.301.55$1,100
Feb 2024073676.091.78$1,313
Jan 2024078373.023.30$2,582
Dec 2023077671.262.61$2,026
Nov 2023075477.892.81$2,117
Oct 2023073785.443.09$2,275
Sep 2023078589.042.74$2,147
Aug 2023073380.522.67$1,959
Jul 2023054774.852.64$1,445
Jun 2023091268.962.26$2,060
May 202302,06570.622.23$4,600
Apr 202302,80478.122.24$6,275
Mar 202302,99472.852.39$7,165
Feb 202303,24775.112.47$8,006
Jan 202302,00276.533.39$6,782
Dec 2022011776.415.73$670
Nov 2022036885.005.65$2,078
Oct 2022071987.185.86$4,216
Sep 202201,53284.888.16$12,507
Aug 202204,53694.529.13$41,401
Jul 202205,031101.587.54$37,944
Jun 202205,833115.097.98$46,531
May 202204,169109.378.43$35,157
Apr 20220604104.226.84$4,130
Mar 20220791108.885.08$4,015
Feb 202201,24391.054.86$6,040
Jan 2022077781.844.54$3,526
Dec 2021073971.323.90$2,881
Nov 2021088377.435.24$4,624
Oct 2021072379.795.71$4,131
Sep 2021065369.865.35$3,494
Aug 2021064566.024.22$2,722
Jul 2021052570.783.98$2,091
Jun 2021067669.493.38$2,285
May 2021082563.483.02$2,490
Apr 2021095560.362.76$2,634
Mar 202101,33661.302.72$3,630
Feb 202101,23857.805.55$6,868
Jan 202102,02650.412.81$5,694
Dec 202002,17244.642.68$5,811
Nov 202001,67738.772.71$4,539
Oct 202001,66136.972.48$4,117
Sep 202001,49837.091.99$2,983
Aug 202004,60439.982.39$10,981
Jul 202004,81938.371.83$8,795
Jun 202006,09234.901.69$10,297
May 202005,10616.921.81$9,266
Apr 202004,96814.751.80$8,964
Mar 202006,00530.341.86$11,147
Feb 202005,76749.881.98$11,423
Jan 202001,11557.252.09$2,336
Dec 201903,40959.012.30$7,856
Nov 201903,09155.302.75$8,502
Oct 201902,93453.472.42$7,096
Sep 201901,80355.052.66$4,791
Aug 201901,19053.112.30$2,742
Jul 2019042056.272.46$1,033
Jun 2019051452.782.49$1,280
May 201901,41558.482.74$3,878
Apr 201902,40462.632.75$6,613
Mar 201902,60756.803.06$7,983
Feb 201902,30350.852.79$6,430
Jan 201902,83446.033.23$9,149
Dec 201802,59446.594.19$10,857
Nov 201802,86752.934.24$12,148
Oct 201802,36061.443.40$8,019
Sep 201802,52659.543.11$7,851
Aug 201802,72159.403.07$8,344
Jul 201802,40065.142.93$7,037
Jun 201802,56960.183.08$7,905
May 201801,55165.382.90$4,499
Apr 201803,21763.842.90$9,332
Mar 201803,78261.222.79$10,540
Feb 201804,02761.782.77$11,139
Jan 201804,71362.874.01$18,896
Dec 201704,80457.272.92$14,035
Nov 201706,42155.423.12$20,023
Oct 201701,39249.292.98$4,153
Sep 2017037347.523.09$1,152
Aug 2017081145.373.00$2,437
Jul 201701,86843.873.09$5,767
Jun 201702,26942.493.09$7,005
May 201702,16345.373.26$7,059
Apr 201702,22047.933.21$7,130
Mar 201701,43146.772.98$4,270
Feb 201701,66150.452.95$4,904
Jan 201701,37849.413.42$4,711
Dec 201602,36748.763.72$8,812
Nov 201601,24942.492.64$3,303
Oct 201602,55146.193.09$7,883
Sep 201602,12741.553.10$6,595
Aug 201601,53041.442.92$4,474
Jul 201601,64341.622.92$4,805
Jun 201602,28345.352.69$6,132
May 201602,77842.521.99$5,531
Apr 201603,27436.561.99$6,519
Mar 201601,37233.011.79$2,461
Feb 201601,41726.472.06$2,924
Jan 201601,82627.352.36$4,317
Dec 201501,97332.362.00$3,949
Nov 201502,02338.792.17$4,385
Oct 201501,86443.552.43$4,523
Sep 201502,12942.992.76$5,873
Aug 201502,58540.162.87$7,425
Jul 201501,52748.152.95$4,497
Jun 201502,29156.152.88$6,605
May 201502,40955.212.96$7,120
Apr 201502,45349.822.71$6,639
Mar 201502,27042.892.93$6,662
Feb 201502,52344.662.98$7,509
Jan 201502,30543.433.10$7,147
Dec 201402,30554.693.59$8,278
Nov 201402,36770.464.25$10,064
Oct 201402,13578.303.90$8,329
Sep 201402,04786.164.05$8,281
Aug 201401,92089.394.04$7,747
Jul 201402,84096.564.18$11,870
Jun 201402,10698.164.74$9,976
May 201402,33994.734.73$11,055
Apr 201402,25395.944.81$10,835
Mar 201403,35195.895.06$16,945
Feb 201403,30297.406.19$20,446
Jan 201403,79990.404.86$18,466
Dec 201304,29491.824.35$18,698
Nov 201304,88288.853.74$18,250
Oct 201301,81897.423.78$6,871
Sep 201302,169104.113.72$8,064
Aug 201301,810104.253.52$6,376
Jul 201302,522102.523.72$9,376
Jun 201302,91494.403.93$11,462
May 201302,72494.834.15$11,302
Apr 201302,43393.964.28$10,420
Mar 201302,01793.623.91$7,892
Feb 201302,29291.233.42$7,838
Jan 201303,49991.603.42$11,966
Dec 201204,95186.773.42$16,933
Nov 201205,08586.953.62$18,433
Oct 201207,61589.383.40$25,889
Sep 201207,60994.672.92$22,206
Aug 201207,53592.662.91$21,913
Jul 201208,00285.133.02$24,172
Jun 201207,70079.822.52$19,397
May 201204,52291.612.49$11,252
Apr 201201,485101.652.00$2,965
Mar 201202,792105.052.22$6,204
Feb 201203,135101.102.57$8,058
Jan 201204,16598.092.73$11,387
Dec 201104,67596.873.24$15,146
Nov 201104,00395.723.31$13,255
Oct 201103,80284.983.65$13,872
Sep 201103,27283.623.99$13,042
Aug 201105,85083.404.15$24,274
Jul 201108,21894.144.52$37,123
Jun 201108,36392.904.64$38,803
May 201108,86998.134.40$39,066
Apr 201108,690105.964.33$37,656
Mar 2011010,05496.364.06$40,793
Feb 2011010,39885.644.18$43,463
Jan 2011013,03886.504.59$59,829
Dec 201006,99685.734.35$30,417
Nov 201001,84780.843.80$7,010
Oct 201002,12078.103.51$7,439
Sep 201001,96372.633.98$7,812
Aug 201002,12973.684.42$9,409
Jul 201001,39172.554.74$6,588
Jun 201001,08570.364.91$5,328
May 201001,24571.124.24$5,273
Apr 201001,17781.694.12$4,852
Mar 2010095678.394.39$4,196
Feb 201001,31273.585.44$7,140
Jan 201001,85174.365.96$11,040
Dec 200902,82571.445.48$15,492
Nov 200902,37774.593.75$8,917
Oct 200904,29972.544.11$17,670
Sep 200904,83465.543.06$14,815
Aug 200903,80167.423.22$12,234
Jul 200902,48461.133.46$8,606
Jun 200902,64066.163.90$10,283
May 200903,41054.743.93$13,387
Apr 200902,52146.773.59$9,044
Mar 200902,20042.144.06$8,930
Feb 200901,36732.814.63$6,333
Jan 200901,96535.865.37$10,554
Dec 200801,38937.105.98$8,302
Nov 200801,33155.496.86$9,131
Oct 200801,55275.246.92$10,743
Sep 200801,462101.767.88$11,516
Aug 200801,496114.228.48$12,691
Jul 200801,480131.0811.39$16,856
Jun 200801,360131.3313.03$17,724
May 200801,570123.1711.57$18,172
Apr 200801,999110.3110.45$20,899
Mar 200802,207101.909.66$21,329
Feb 200802,09992.538.77$18,409
Jan 200802,50690.388.21$20,564
Dec 200702,66788.337.30$19,474
Nov 200702,55791.677.29$18,645
Oct 200702,49182.856.92$17,243
Sep 200702,32875.846.24$14,536
Aug 200701,66669.066.39$10,642
Jul 200701,92870.906.39$12,316
Jun 200712,84962.007.55$21,568
May 200701,99158.747.85$15,622
Apr 200702,00959.617.81$15,681
Mar 200701,69156.927.30$12,348
Feb 200701,88355.108.22$15,471
Jan 200721,76550.306.73$11,973
Dec 200602,96056.656.92$20,479
Nov 200617,85854.207.62$59,912
Oct 200608,33754.906.01$50,137
Sep 200607,68560.085.04$38,711
Aug 200607,75868.717.34$56,943
Jul 200627,97969.376.34$50,748
Jun 200608,21566.286.38$52,444
May 200608,92566.016.42$57,343
Apr 200608,39764.397.36$61,806
Mar 200608,69656.707.08$61,593
Feb 200607,44657.597.75$57,715
Jan 200608,90560.598.93$79,551
Dec 200508,29354.9413.42$111,254
Nov 200516,15554.6910.59$65,226
Oct 200509,13658.3413.80$126,038
Sep 200519,28361.4512.08$112,191
Aug 2005010,28861.519.80$100,790
Jul 200505,93855.697.84$46,576
Jun 200508,88452.337.38$65,573
May 200518,46945.226.65$56,374
Apr 200518,70349.207.36$64,107
Mar 200518,65250.377.15$61,954
Feb 200517,95645.226.31$50,263
Jan 200519,01443.166.32$57,031
Dec 200418,73639.866.75$59,017
Nov 200418,67945.286.33$54,987
Oct 200419,15349.706.52$59,682
Sep 200419,39843.245.28$49,701
Aug 200428,75642.375.55$48,686
Jul 200406,91738.286.08$42,084
Jun 200418,47636.106.43$54,562
May 2004110,11337.486.49$65,717
Apr 200419,59034.475.86$56,217
Mar 2004159,48034.365.53$52,941
Feb 200429,11632.455.51$50,291
Jan 2004311,63732.036.30$73,405
Dec 2003411,85830.266.30$74,846
Nov 2003311,73128.804.60$53,992
Oct 2003512,41928.174.76$59,251
Sep 2003413,30626.314.75$63,300
Aug 2003513,93529.765.13$71,631
Jul 2003116,02329.415.17$31,467
Jun 200338,49828.565.98$50,929
May 200329,93326.595.97$59,380
Apr 2003410,86426.675.41$58,851
Mar 2003611,09631.146.10$67,829
Feb 200347,31533.487.93$58,112
Jan 200319,33330.315.58$52,127
Dec 200229,80326.914.85$47,635
Nov 2002111,61624.664.14$48,080
Oct 2002111,46026.464.23$48,492
Sep 200219,07727.443.64$33,024
Aug 2002011,70225.963.16$37,027
Jul 2002111,90224.583.06$36,466
Jun 2002012,11123.733.34$40,429
May 2002012,63124.663.58$45,270
Apr 2002012,67323.653.51$44,512
Mar 2002012,41722.003.10$38,526
Feb 2002011,65218.222.38$27,681
Jan 2002213,70917.172.38$32,603
Dec 2001013,77116.932.36$32,560
Nov 2001011,04718.072.41$26,574
Oct 2001014,88919.782.53$37,652
Sep 2001013,88324.262.25$31,255
Aug 2001014,49624.873.05$44,259
Jul 2001016,64623.933.20$53,219
Jun 2001018,68124.563.82$71,439
May 2001016,61425.524.31$71,562
Apr 2001013,45624.685.34$71,792
Mar 2001015,74724.545.38$84,663
Feb 2001016,24827.755.77$93,704
Jan 2001011,04727.478.40$92,781
Dec 200001,21926.889.12$11,120
Nov 200007,47632.215.66$42,299
Oct 200008,63631.235.15$44,437
Sep 200009,10431.875.19$47,218
Aug 200006,37329.644.54$28,938
Jul 200007,54628.534.09$30,861
Jun 200007,15629.304.40$31,467
May 200009,55127.263.68$35,145
Apr 200008,84824.513.12$27,570
Mar 200007,78128.422.86$22,252
Feb 200008,06527.622.73$21,989
Jan 200007,69725.272.48$19,092
Dec 199906,49724.282.42$15,747
Nov 199908,01723.192.43$19,513
Oct 199908,48320.982.80$23,784
Sep 199906,90621.752.62$18,086
Aug 199906,06019.262.88$17,426
Jul 199907,86117.892.37$18,649
Jun 199907,95715.942.36$18,795
May 199906,85115.792.32$15,901
Apr 199907,67615.102.21$16,949
Mar 199908,85012.471.84$16,269
Feb 199908,6239.981.82$15,675
Jan 199909,03110.381.90$17,158
Dec 1998010,4409.201.77$18,513
Nov 199808,07710.892.19$17,654
Oct 199808,21812.421.97$16,183
Sep 1998010,17212.592.08$21,184
Aug 1998011,07811.301.91$21,130
Jul 1998011,21711.742.24$25,095
Jun 1998011,62111.242.24$25,999
May 1998011,51612.622.21$25,408
Apr 1998010,42313.042.51$26,113
Mar 199807,71512.802.31$17,817
Feb 199807,52113.952.30$17,292
Jan 199808,81414.702.15$18,992
Dec 199708,26216.322.41$19,921
Nov 199708,44518.193.09$26,080
Oct 1997010,56319.253.15$33,272
Sep 199709,55917.742.95$28,246
Aug 1997010,55217.862.55$26,958
Jul 199707,87217.582.25$17,688
Jun 1997013,05417.242.26$29,465
May 199701,91718.972.31$4,425
Apr 199702,72217.882.08$5,669
Mar 1997011,61718.951.94$22,527
Feb 1997010,27420.492.21$22,663
Jan 1997011,92323.483.54$42,204
Dec 1996011,93123.32$0
Nov 199603,06921.97$0
Oct 199607,43323.31$0
Sep 199606,75422.22$0
Aug 1996010,72320.26$0
Jul 1996010,31019.55$0
Jun 1996010,82918.73$0
May 199604,98219.43$0
Apr 199603,28521.51$0
Mar 1996011,11719.38$0
Feb 1996013,13116.98$0
Jan 1996016,74817.07$0
Dec 199505,81317.19$0
Nov 199506,12916.00$0
Oct 1995013,43115.43$0
Sep 1995013,08716.18$0
Aug 1995016,08615.92$0
Jul 1995011,20815.24$0
Jun 1995010,49316.41$0
May 1995012,21517.56$0
Apr 1995017,28317.73$0
Mar 1995011,18916.44$0
Feb 1995011,33416.58$0
Jan 1995014,70915.92$0
Dec 1994016,52915.03$0
Nov 1994016,15315.90$0
Oct 1994017,37515.58$0
Sep 1994014,97815.29$0
Aug 1994016,40416.13$0
Jul 1994116,39617.56$18
Jun 1994017,08117.09$0
May 199406,92915.88$0
Apr 1994013,05914.14$0
Mar 1994011,99712.46$0
Feb 1994015,68412.50$0
Jan 1994016,73712.66$0
Dec 199309,34512.33$0
Nov 1993019,61614.49$0
Oct 1993010,72015.85$0
Sep 1993021,23415.03$0
Aug 1993026,40915.66$0
Jul 1993032,62215.46$0
Jun 1993023,62716.79$0
May 1993026,42217.68$0
Apr 1993024,59018.05$0
Mar 1993033,12718.14$0
Feb 1993019,05717.90$0
Jan 1993026,72816.93$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  812 Mcf  × $  3.05 =     $2,473

────────────────────────────────────────────────────
Month total                                   $2,473

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. 05/G/139844 is the state's own key, not one this site invented.