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 188338District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.3 M
Dec 2001 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
294
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 Gas112002-05-31147706
NGPA1none

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
CondensateDisposition501 bbl$23,298
GasProduction1,828,226 Mcf$9,266,031
Total$9,289,329

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 31.2106, -96.4672. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.21057, -96.46721 · 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
13,025 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 13,025 ft.

Completions filed
Feb 2004
1 of 1 wells

1 well

42-39530661613,025 ftFeb 2004

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 (294)

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

294 months

May 20260116106.413.05$353
Apr 2026017798.932.87$508
Mar 2026012589.753.15$394
Feb 2026012063.503.75$450
Jan 2026010659.138.00$848
Dec 202507656.664.41$335
Nov 2025012158.593.93$475
Oct 2025012959.383.30$426
Sep 202507362.743.08$225
Aug 2025010263.933.01$308
Jul 202508566.743.32$282
Jun 2025010266.483.13$319
May 202507960.553.23$255
Apr 2025016762.363.54$592
Mar 2025011567.704.27$491
Feb 202509170.884.34$395
Jan 2025016374.324.28$697
Dec 202409868.993.12$306
Nov 202407669.052.20$167
Oct 2024013971.372.28$317
Sep 202407269.612.36$170
Aug 2024013275.632.06$272
Jul 202409879.932.15$210
Jun 2024011778.082.63$308
May 2024011278.812.20$246
Apr 2024017584.451.66$290
Mar 202403780.301.55$57
Feb 202408976.091.78$159
Jan 202409373.023.30$307
Dec 202307271.262.61$188
Nov 202307077.892.81$197
Oct 202308385.443.09$256
Sep 2023014889.042.74$405
Aug 202309680.522.67$257
Jul 202306474.852.64$169
Jun 202308368.962.26$187
May 202305170.622.23$114
Apr 2023011878.122.24$264
Mar 202305572.852.39$132
Feb 2023012875.112.47$316
Jan 2023016176.533.39$545
Dec 202207876.415.73$447
Nov 2022010785.005.65$604
Oct 202205387.185.86$311
Sep 2022013784.888.16$1,118
Aug 2022015394.529.13$1,396
Jul 2022071101.587.54$535
Jun 20220204115.097.98$1,627
May 202209109.378.43$76
Apr 2022086104.226.84$588
Mar 20220196108.885.08$995
Feb 2022011991.054.86$578
Jan 2022013981.844.54$631
Dec 20210071.323.90$0
Nov 202103177.435.24$162
Oct 20210079.795.71$0
Sep 2021012569.865.35$669
Aug 202101366.024.22$55
Jul 202104170.783.98$163
Jun 202101869.493.38$61
May 202103263.483.02$97
Apr 2021020360.362.76$560
Mar 202103161.302.72$84
Feb 2021011757.805.55$649
Jan 2021017050.412.81$478
Dec 2020017044.642.68$455
Nov 202001,88438.772.71$5,099
Oct 202005136.972.48$126
Sep 2020016237.091.99$323
Aug 20200039.982.39$0
Jul 2020017438.371.83$318
Jun 2020020534.901.69$347
May 2020021716.921.81$394
Apr 2020018714.751.80$337
Mar 2020021030.341.86$390
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 201901359.012.30$30
Nov 20190055.302.75$0
Oct 201901153.472.42$27
Sep 2019052755.052.66$1,400
Aug 2019017153.112.30$394
Jul 20190056.272.46$0
Jun 2019045552.782.49$1,134
May 2019011058.482.74$301
Apr 2019065562.632.75$1,802
Mar 201902,81256.803.06$8,611
Feb 201901,89750.852.79$5,297
Jan 201904,03846.033.23$13,035
Dec 201802,69846.594.19$11,292
Nov 201802,11652.934.24$8,966
Oct 201804,02961.443.40$13,691
Sep 201803,90759.543.11$12,143
Aug 201803,96959.403.07$12,171
Jul 201803,25765.142.93$9,549
Jun 201804,84860.183.08$14,917
May 201804,33965.382.90$12,587
Apr 201803,35663.842.90$9,735
Mar 201803,74861.222.79$10,445
Feb 201803,68161.782.77$10,182
Jan 201804,46762.874.01$17,910
Dec 201706,21857.272.92$18,166
Nov 201706,31255.423.12$19,683
Oct 201706,42449.292.98$19,167
Sep 201706,44147.523.09$19,885
Aug 201706,65245.373.00$19,985
Jul 201706,38643.873.09$19,715
Jun 201706,25042.493.09$19,296
May 201706,42045.373.26$20,951
Apr 201706,20647.933.21$19,931
Mar 201705,80846.772.98$17,329
Feb 201704,64650.452.95$13,718
Jan 201704,77049.413.42$16,308
Dec 201607,06648.763.72$26,306
Nov 201606,81942.492.64$18,032
Oct 201607,39346.193.09$22,846
Sep 201605,97441.553.10$18,523
Aug 201606,61241.442.92$19,336
Jul 201606,19641.622.92$18,119
Jun 201606,30545.352.69$16,934
May 201604,87642.521.99$9,708
Apr 201605,41636.561.99$10,783
Mar 201605,87433.011.79$10,538
Feb 201605,25626.472.06$10,846
Jan 201605,60527.352.36$13,252
Dec 201506,64632.362.00$13,301
Nov 201506,35338.792.17$13,769
Oct 201506,28643.552.43$15,253
Sep 201536,04742.992.76$16,809
Aug 201504,98640.162.87$14,322
Jul 201504,78148.152.95$14,080
Jun 201504,92756.152.88$14,204
May 201505,30855.212.96$15,688
Apr 201505,43049.822.71$14,697
Mar 201505,28842.892.93$15,519
Feb 201503,82944.662.98$11,396
Jan 201503,70143.433.10$11,475
Dec 201405,96254.693.59$21,412
Nov 201404,84970.464.25$20,617
Oct 201405,17578.303.90$20,187
Sep 201403,39886.164.05$13,746
Aug 201403,82189.394.04$15,418
Jul 201404,35296.564.18$18,190
Jun 201405,22998.164.74$24,769
May 201405,33894.734.73$25,230
Apr 201404,50895.944.81$21,680
Mar 201404,96095.895.06$25,082
Feb 201404,51497.406.19$27,951
Jan 201404,88390.404.86$23,735
Dec 201305,44491.824.35$23,706
Nov 201305,46588.853.74$20,430
Oct 201305,63097.423.78$21,278
Sep 201305,372104.113.72$19,972
Aug 201305,242104.253.52$18,466
Jul 201305,510102.523.72$20,485
Jun 201304,57894.403.93$18,007
May 201304,22794.834.15$17,538
Apr 201304,58493.964.28$19,631
Mar 201305,42893.623.91$21,239
Feb 201304,88491.233.42$16,703
Jan 201305,60591.603.42$19,169
Dec 201205,24686.773.42$17,942
Nov 201205,04986.953.62$18,302
Oct 201205,35989.383.40$18,219
Sep 201205,21494.672.92$15,217
Aug 201205,43992.662.91$15,817
Jul 201205,12585.133.02$15,482
Jun 201204,34079.822.52$10,933
May 201204,53691.612.49$11,287
Apr 201204,611101.652.00$9,207
Mar 201204,659105.052.22$10,353
Feb 201205,007101.102.57$12,869
Jan 201205,34898.092.73$14,622
Dec 201105,55196.873.24$17,984
Nov 201105,10195.723.31$16,891
Oct 201105,35684.983.65$19,542
Sep 201105,64983.623.99$22,516
Aug 201104,81183.404.15$19,962
Jul 201104,26294.144.52$19,252
Jun 201104,00092.904.64$18,560
May 201103,62998.134.40$15,985
Apr 201104,315105.964.33$18,698
Mar 201103,90796.364.06$15,852
Feb 201103,25185.644.18$13,589
Jan 201103,36986.504.59$15,460
Dec 201003,46585.734.35$15,065
Nov 201003,30180.843.80$12,528
Oct 201004,27478.103.51$14,997
Sep 201003,98272.633.98$15,846
Aug 201005,50773.684.42$24,337
Jul 201006,45072.554.74$30,550
Jun 201006,28970.364.91$30,882
May 201007,02371.124.24$29,744
Apr 201007,13681.694.12$29,420
Mar 201007,47478.394.39$32,801
Feb 201006,93873.585.44$37,759
Jan 201008,06574.365.96$48,100
Dec 200906,46071.445.48$35,425
Nov 200907,37974.593.75$27,682
Oct 200907,98572.544.11$32,820
Sep 200907,73365.543.06$23,700
Aug 200907,89067.423.22$25,394
Jul 200908,42661.133.46$29,192
Jun 200928,51566.163.90$33,298
May 200909,05554.743.93$35,548
Apr 200906,56446.773.59$23,548
Mar 200905,72042.144.06$23,217
Feb 200967,72832.814.63$36,001
Jan 2009188,46435.865.37$46,106
Dec 200804,38837.105.98$26,228
Nov 200808,19855.496.86$56,241
Oct 200825,71575.246.92$39,710
Sep 200817,919101.767.88$62,480
Aug 200807,386114.228.48$62,656
Jul 200838,123131.0811.39$92,910
Jun 200827,545131.3313.03$98,594
May 200808,043123.1711.57$93,092
Apr 200868,063110.3110.45$84,959
Mar 200896,560101.909.66$64,313
Feb 200865,80592.538.77$51,468
Jan 200848,12990.388.21$67,066
Dec 200728,82088.337.30$64,580
Nov 200749,42091.677.29$69,054
Oct 200709,56882.856.92$66,230
Sep 2007109,99075.846.24$63,138
Aug 200798,94169.066.39$57,736
Jul 200708,45970.906.39$54,036
Jun 200769,54462.007.55$72,414
May 200708,66558.747.85$67,988
Apr 20071310,37459.617.81$81,746
Mar 2007110,37156.927.30$75,786
Feb 200724,34955.108.22$35,842
Jan 200728,04450.306.73$54,211
Dec 200609,62556.656.92$66,590
Nov 2006010,46954.207.62$79,747
Oct 2006511,00654.906.01$66,462
Sep 2006010,20860.085.04$51,420
Aug 2006010,27968.717.34$75,447
Jul 20062312,38869.376.34$80,170
Jun 20061311,04166.286.38$71,346
May 2006011,51466.016.42$73,977
Apr 2006410,28064.397.36$75,923
Mar 2006011,28956.707.08$79,959
Feb 2006110,95257.597.75$84,948
Jan 2006613,58060.598.93$121,678
Dec 2005010,01354.9413.42$134,328
Nov 2005510,21254.6910.59$108,402
Oct 2005011,56258.3413.80$159,507
Sep 2005155,63561.4512.08$68,987
Aug 200501,73361.519.80$16,978
Jul 200503,26055.697.84$25,570
Jun 200567,83452.337.38$58,137
May 2005710,05745.226.65$67,207
Apr 200557,58749.207.36$56,090
Mar 200549,51450.377.15$68,273
Feb 200539,37145.226.31$59,285
Jan 20051812,87743.166.32$82,188
Dec 2004312,68739.866.75$85,771
Nov 2004715,20745.286.33$96,584
Oct 2004115,27649.706.52$99,574
Sep 20041117,90443.245.28$95,079
Aug 2004819,09542.375.55$106,329
Jul 20041221,73538.286.08$132,699
Jun 20041825,66636.106.43$165,760
May 20043329,29837.486.49$191,515
Apr 20044041,05534.475.86$241,898
Mar 2004220,71434.365.53$114,620
Feb 2004335,79132.455.51$32,977
Jan 200436,98332.036.30$44,086
Dec 200335,17030.266.30$32,670
Nov 200325,71428.804.60$26,314
Oct 200327,48228.174.76$35,668
Sep 2003512,52226.314.75$59,603
Aug 2003415,87729.765.13$81,564
Jul 20031125,03929.415.17$129,796
Jun 2003510,01428.565.98$60,056
May 200319,20326.595.97$54,993
Apr 2003720,11026.675.41$108,927
Mar 2003818,94031.146.10$115,708
Feb 2003212,16733.487.93$96,501
Jan 2003612,80730.315.58$71,671
Dec 2002022,68926.914.85$110,127
Nov 2002025,29124.664.14$104,628
Oct 2002331,10826.464.23$131,639
Sep 2002126,01927.443.64$94,612
Aug 2002035,13125.963.16$111,160
Jul 2002438,85524.583.06$119,063
Jun 2002338,94723.733.34$130,086
May 2002450,68124.663.58$181,739
Apr 2002157,53323.653.51$202,098
Mar 200234,15122.003.10$12,945
Feb 20020018.222.38$0
Jan 20022918,42717.172.38$44,275
Dec 20010016.932.36$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                  116 Mcf  × $  3.05 =       $353

────────────────────────────────────────────────────
Month total                                     $353

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/188338 is the state's own key, not one this site invented.