MARTIN, LEE GAS UNIT NO. 1

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 142950District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$30 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 Gas111993-02-22126359
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
CondensateDisposition106 bbl$3,523
GasProduction1,215,754 Mcf$4,939,955
Total$4,943,478

259,236 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 31.2227, -96.4571. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.22268, -96.45708 · 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
13,118 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 13,118 ft.

Completions filed
Oct 1992
1 of 1 wells

1 well

42-39530390413,118 ftOct 1992

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 20260864106.413.05$2,632
Apr 2026076298.932.87$2,187
Mar 2026066089.753.15$2,079
Feb 2026067263.503.75$2,520
Jan 2026062959.138.00$5,031
Dec 2025063456.664.41$2,798
Nov 2025062058.593.93$2,434
Oct 2025065859.383.30$2,175
Sep 2025066262.743.08$2,037
Aug 2025073963.933.01$2,228
Jul 2025062366.743.32$2,065
Jun 2025060166.483.13$1,880
May 2025063160.553.23$2,040
Apr 2025067162.363.54$2,377
Mar 2025071767.704.27$3,060
Feb 2025058070.884.34$2,518
Jan 2025064174.324.28$2,743
Dec 2024072968.993.12$2,275
Nov 2024071969.052.20$1,581
Oct 2024070471.372.28$1,606
Sep 2024080669.612.36$1,906
Aug 2024087575.632.06$1,806
Jul 2024069579.932.15$1,492
Jun 202401,20978.082.63$3,184
May 202401,26178.812.20$2,772
Apr 202401,06384.451.66$1,764
Mar 202401,79580.301.55$2,774
Feb 202402,81176.091.78$5,014
Jan 202401,57473.023.30$5,191
Dec 202301,15071.262.61$3,002
Nov 2023078077.892.81$2,190
Oct 2023081985.443.09$2,528
Sep 2023082389.042.74$2,251
Aug 2023081480.522.67$2,176
Jul 2023088074.852.64$2,325
Jun 2023090668.962.26$2,046
May 202301,03970.622.23$2,314
Apr 202301,11378.122.24$2,491
Mar 202301,55072.852.39$3,709
Feb 202301,17375.112.47$2,892
Jan 202301,05776.533.39$3,581
Dec 202202,22376.415.73$12,736
Nov 202202,24785.005.65$12,687
Oct 2022084087.185.86$4,926
Sep 2022075184.888.16$6,131
Aug 2022077494.529.13$7,064
Jul 20220752101.587.54$5,672
Jun 20220717115.097.98$5,720
May 20220612109.378.43$5,161
Apr 20220682104.226.84$4,663
Mar 20220695108.885.08$3,528
Feb 2022059391.054.86$2,881
Jan 2022071581.844.54$3,244
Dec 2021085271.323.90$3,322
Nov 2021077477.435.24$4,053
Oct 2021084379.795.71$4,817
Sep 2021087069.865.35$4,655
Aug 202101,12966.024.22$4,765
Jul 202101,17870.783.98$4,691
Jun 202101,13069.493.38$3,820
May 202101,03263.483.02$3,114
Apr 2021090160.362.76$2,485
Mar 202101,07361.302.72$2,915
Feb 2021067957.805.55$3,767
Jan 2021081550.412.81$2,290
Dec 2020067244.642.68$1,798
Nov 2020083538.772.71$2,260
Oct 2020064836.972.48$1,606
Sep 2020066837.091.99$1,330
Aug 2020073039.982.39$1,741
Jul 2020079738.371.83$1,455
Jun 2020075134.901.69$1,269
May 2020079516.921.81$1,443
Apr 2020094514.751.80$1,705
Mar 2020099930.341.86$1,854
Feb 2020096049.881.98$1,901
Jan 202001,12157.252.09$2,348
Dec 2019098759.012.30$2,274
Nov 201901,03055.302.75$2,833
Oct 201901,09353.472.42$2,643
Sep 201901,14955.052.66$3,053
Aug 201901,70553.112.30$3,929
Jul 201903,66056.272.46$9,004
Jun 2019044452.782.49$1,106
May 2019047558.482.74$1,302
Apr 2019031462.632.75$864
Mar 2019040456.803.06$1,237
Feb 2019040950.852.79$1,142
Jan 2019040646.033.23$1,311
Dec 2018039546.594.19$1,653
Nov 2018034452.934.24$1,458
Oct 2018039761.443.40$1,349
Sep 2018039059.543.11$1,212
Aug 2018064359.403.07$1,972
Jul 2018045565.142.93$1,334
Jun 2018053360.183.08$1,640
May 2018084865.382.90$2,460
Apr 2018050063.842.90$1,450
Mar 2018051161.222.79$1,424
Feb 2018046761.782.77$1,292
Jan 2018053662.874.01$2,149
Dec 2017064557.272.92$1,884
Nov 2017059055.423.12$1,840
Oct 2017075249.292.98$2,244
Sep 2017087447.523.09$2,698
Aug 201701,04745.373.00$3,146
Jul 2017077243.873.09$2,383
Jun 201701,27242.493.09$3,927
May 201701,25045.373.26$4,079
Apr 2017081747.933.21$2,624
Mar 2017058346.772.98$1,739
Feb 2017075350.452.95$2,223
Jan 2017094549.413.42$3,231
Dec 2016097248.763.72$3,619
Nov 2016057442.492.64$1,518
Oct 201601,02746.193.09$3,174
Sep 2016085741.553.10$2,657
Aug 2016079241.442.92$2,316
Jul 201601,00541.622.92$2,939
Jun 201601,08645.352.69$2,917
May 201601,11442.521.99$2,218
Apr 201601,01436.561.99$2,019
Mar 201601,26133.011.79$2,262
Feb 201601,22726.472.06$2,532
Jan 201601,18127.352.36$2,792
Dec 201501,38032.362.00$2,762
Nov 201501,62638.792.17$3,524
Oct 201501,09443.552.43$2,655
Sep 2015081742.992.76$2,254
Aug 2015078840.162.87$2,264
Jul 2015099248.152.95$2,922
Jun 2015081156.152.88$2,338
May 2015056955.212.96$1,682
Apr 2015089949.822.71$2,433
Mar 201501,20842.892.93$3,545
Feb 201501,14244.662.98$3,399
Jan 201501,58443.433.10$4,911
Dec 201401,47854.693.59$5,308
Nov 201401,57470.464.25$6,692
Oct 201401,74178.303.90$6,792
Sep 201401,09286.164.05$4,418
Aug 201401,11189.394.04$4,483
Jul 201401,17196.564.18$4,894
Jun 2014090598.164.74$4,287
May 2014087294.734.73$4,122
Apr 201401,27495.944.81$6,127
Mar 201401,38095.895.06$6,978
Feb 201401,13697.406.19$7,034
Jan 201401,21090.404.86$5,881
Dec 201301,33991.824.35$5,831
Nov 201301,29788.853.74$4,849
Oct 201301,55397.423.78$5,869
Sep 201311,499104.113.72$5,677
Aug 201301,708104.253.52$6,017
Jul 201301,893102.523.72$7,038
Jun 2013089694.403.93$3,524
May 2013094794.834.15$3,929
Apr 201301,58493.964.28$6,784
Mar 201301,66793.623.91$6,523
Feb 201301,10791.233.42$3,786
Jan 201301,47091.603.42$5,027
Dec 201201,95686.773.42$6,690
Nov 201201,54986.953.62$5,615
Oct 201201,76589.383.40$6,000
Sep 201201,90294.672.92$5,551
Aug 201202,04292.662.91$5,938
Jul 201202,13085.133.02$6,434
Jun 201201,94479.822.52$4,897
May 201201,78091.612.49$4,429
Apr 201201,878101.652.00$3,750
Mar 201202,165105.052.22$4,811
Feb 201201,507101.102.57$3,873
Jan 201201,91498.092.73$5,233
Dec 201102,14196.873.24$6,936
Nov 201102,17395.723.31$7,195
Oct 201102,16784.983.65$7,906
Sep 201101,85783.623.99$7,402
Aug 201101,70183.404.15$7,058
Jul 201102,27094.144.52$10,254
Jun 201102,50392.904.64$11,614
May 201102,05698.134.40$9,056
Apr 201102,128105.964.33$9,221
Mar 201102,13796.364.06$8,671
Feb 201102,00885.644.18$8,393
Jan 201102,37986.504.59$10,917
Dec 201002,50685.734.35$10,895
Nov 201002,37980.843.80$9,029
Oct 201002,88678.103.51$10,127
Sep 201002,86072.633.98$11,381
Aug 201003,13173.684.42$13,837
Jul 201002,76172.554.74$13,077
Jun 201003,24170.364.91$15,915
May 201003,28671.124.24$13,917
Apr 201003,69081.694.12$15,213
Mar 201003,82378.394.39$16,778
Feb 201003,47273.585.44$18,896
Jan 201003,58874.365.96$21,399
Dec 200903,84871.445.48$21,101
Nov 200903,75274.593.75$14,076
Oct 200903,95572.544.11$16,256
Sep 200903,90065.543.06$11,953
Aug 200904,04767.423.22$13,025
Jul 200904,16161.133.46$14,416
Jun 200904,12966.163.90$16,082
May 200904,32754.743.93$16,987
Apr 200914,07846.773.59$14,677
Mar 200914,36242.144.06$17,748
Feb 200904,61932.814.63$21,400
Jan 200923,28435.865.37$17,710
Dec 200803,87437.105.98$23,155
Nov 200803,63355.496.86$24,924
Oct 200804,36275.246.92$30,194
Sep 200804,300101.767.88$33,871
Aug 200804,551114.228.48$38,606
Jul 200804,601131.0811.39$52,403
Jun 200804,380131.3313.03$57,083
May 200804,573123.1711.57$52,929
Apr 200814,487110.3110.45$47,021
Mar 200804,833101.909.66$46,706
Feb 200814,50292.538.77$39,578
Jan 200805,05790.388.21$41,496
Dec 200705,45088.337.30$39,796
Nov 200706,07991.677.29$44,326
Oct 200705,78082.856.92$40,009
Sep 200715,20975.846.24$32,602
Aug 200704,85069.066.39$30,982
Jul 200705,42270.906.39$34,635
Jun 200714,70162.007.55$35,547
May 200704,31758.747.85$33,872
Apr 200704,58959.617.81$35,818
Mar 200704,91056.927.30$35,853
Feb 200704,93855.108.22$40,571
Jan 200705,16250.306.73$34,724
Dec 200605,43456.656.92$37,595
Nov 200615,88554.207.62$44,883
Oct 200604,95354.906.01$29,786
Sep 200602,68660.085.04$13,530
Aug 200602,86468.717.34$21,022
Jul 200614,70869.376.34$29,931
Jun 200615,00566.286.38$32,018
May 200604,97766.016.42$31,977
Apr 200605,48364.397.36$40,358
Mar 200606,09356.707.08$43,156
Feb 200602,61257.597.75$20,246
Jan 200605,74660.598.93$51,331
Dec 200506,10354.9413.42$81,874
Nov 200504,75754.6910.59$50,369
Oct 200507,12258.3413.80$98,253
Sep 200514,87361.4512.08$58,922
Aug 200502,74361.519.80$26,873
Jul 200506,49155.697.84$50,913
Jun 200515,15452.337.38$38,094
May 200505,99945.226.65$39,900
Apr 200514,74149.207.36$34,945
Mar 200505,08150.377.15$36,354
Feb 200504,76245.226.31$30,057
Jan 200515,89143.166.32$37,287
Dec 200405,89839.866.75$39,818
Nov 200405,96345.286.33$37,748
Oct 200406,15249.706.52$40,081
Sep 200416,69143.245.28$35,398
Aug 200416,43142.375.55$35,739
Jul 200407,16838.286.08$43,611
Jun 200406,12436.106.43$39,396
May 200406,84737.486.49$44,468
Apr 200427,43734.475.86$43,638
Mar 200407,68234.365.53$42,483
Feb 200407,57732.455.51$41,746
Jan 200438,86232.036.30$55,924
Dec 200327,35830.266.30$46,428
Nov 200347,03428.804.60$32,438
Oct 200327,37428.174.76$35,154
Sep 200358,11726.314.75$38,682
Aug 200358,36229.765.13$43,044
Jul 200379,60229.415.17$49,856
Jun 200379,81028.565.98$58,893
May 2003111,27326.595.97$67,357
Apr 20031212,85726.675.41$69,841
Mar 2003913,71831.146.10$83,906
Feb 2003413,03933.487.93$103,479
Jan 2003516,34230.315.58$91,373
Dec 20021121,57526.914.85$105,016
Nov 2002124,19924.664.14$100,135
Oct 20020026.464.23$0
Sep 200201,58327.443.64$5,755
Aug 200202,88025.963.16$9,113
Jul 200202,21624.583.06$6,785
Jun 200202,15523.733.34$7,194
May 200202,19524.663.58$7,867
Apr 200202,15023.653.51$7,551
Mar 200202,16122.003.10$6,705
Feb 200202,55318.222.38$6,065
Jan 200203,21417.172.38$7,635
Dec 200102,51416.932.36$5,944
Nov 200102,12118.072.41$5,102
Oct 200102,33419.782.53$5,902
Sep 200102,34024.262.25$5,268
Aug 200102,82824.873.05$8,634
Jul 200102,57423.933.20$8,229
Jun 200103,30024.563.82$12,620
May 200102,61825.524.31$11,277
Apr 200103,31424.685.34$17,681
Mar 200102,79324.545.38$15,016
Feb 200102,63627.755.77$15,202
Jan 200102,97927.478.40$25,020
Dec 200002,97826.889.12$27,167
Nov 200002,19132.215.66$12,397
Oct 200002,64031.235.15$13,584
Sep 200002,95331.875.19$15,316
Aug 200002,81029.644.54$12,760
Jul 200002,72728.534.09$11,153
Jun 200002,58029.304.40$11,345
May 200003,15327.263.68$11,602
Apr 200001,95924.513.12$6,104
Mar 200003,56328.422.86$10,189
Feb 200002,42527.622.73$6,612
Jan 200003,39825.272.48$8,429
Dec 199902,99224.282.42$7,252
Nov 199902,29623.192.43$5,588
Oct 199903,41620.982.80$9,577
Sep 199902,95521.752.62$7,739
Aug 199902,80019.262.88$8,052
Jul 199902,69517.892.37$6,394
Jun 199902,84615.942.36$6,723
May 199902,74415.792.32$6,369
Apr 199903,25415.102.21$7,185
Mar 199903,73312.471.84$6,862
Feb 199903,3459.981.82$6,081
Jan 199903,43810.381.90$6,532
Dec 199804,4289.201.77$7,852
Nov 199814,11210.892.19$8,999
Oct 199802,66212.421.97$5,242
Sep 199803,05712.592.08$6,367
Aug 199804,37111.301.91$8,337
Jul 199804,02111.742.24$8,996
Jun 199814,69011.242.24$10,504
May 199806,25912.622.21$13,809
Apr 199807,54713.042.51$18,908
Mar 199806,89212.802.31$15,917
Feb 199806,95213.952.30$15,984
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 199602,20723.32$0
Nov 199603,28221.97$0
Oct 199601,99423.31$0
Sep 199603,55722.22$0
Aug 199602,54820.26$0
Jul 199603,29819.55$0
Jun 199603,44918.73$0
May 199603,28019.43$0
Apr 199603,17021.51$0
Mar 199603,25419.38$0
Feb 199602,98616.98$0
Jan 199603,36717.07$0
Dec 199503,48117.19$0
Nov 199503,71416.00$0
Oct 199503,89915.43$0
Sep 199503,45516.18$0
Aug 199504,20115.92$0
Jul 199503,65115.24$0
Jun 199502,77516.41$0
May 199503,97117.56$0
Apr 199503,80417.73$0
Mar 199503,58316.44$0
Feb 199503,29516.58$0
Jan 199504,32315.92$0
Dec 199404,53715.03$0
Nov 199404,81115.90$0
Oct 199405,07415.58$0
Sep 199404,90115.29$0
Aug 199403,96916.13$0
Jul 199405,62117.56$0
Jun 199416,51817.09$17
May 199416,11415.88$16
Apr 199406,16214.14$0
Mar 199407,20112.46$0
Feb 199406,04112.50$0
Jan 199417,93712.66$13
Dec 199306,42212.33$0
Nov 199307,23314.49$0
Oct 199305,05915.85$0
Sep 199306,89015.03$0
Aug 199318,37715.66$16
Jul 199308,20115.46$0
Jun 199308,95716.79$0
May 199309,93417.68$0
Apr 1993010,68818.05$0
Mar 1993213,75618.14$36
Feb 199309,21717.90$0
Jan 1993015,07216.93$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                  864 Mcf  × $  3.05 =     $2,632

────────────────────────────────────────────────────
Month total                                   $2,632

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/142950 is the state's own key, not one this site invented.