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 197953District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Oct 2003 – May 2026
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
272
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 Gas112004-01-12153942
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
CondensateDisposition279 bbl$8,627
GasProduction698,372 Mcf$4,111,514
Total$4,120,140

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 31.2121, -96.4634. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.21214, -96.46339 · 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
13,200 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 13,200 ft.

Completions filed
Oct 2003
1 of 1 wells

1 well

42-395307971313,200 ftOct 2003

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 (272)

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

272 months

May 20260314106.413.05$956
Apr 2026023298.932.87$666
Mar 2026032089.753.15$1,008
Feb 2026018463.503.75$690
Jan 2026024759.138.00$1,975
Dec 2025026756.664.41$1,178
Nov 2025023658.593.93$927
Oct 2025026859.383.30$886
Sep 2025029762.743.08$914
Aug 2025046163.933.01$1,390
Jul 2025050566.743.32$1,674
Jun 2025035366.483.13$1,104
May 2025026860.553.23$866
Apr 2025029262.363.54$1,035
Mar 2025021867.704.27$930
Feb 2025021670.884.34$938
Jan 2025024674.324.28$1,053
Dec 2024030368.993.12$946
Nov 2024026969.052.20$591
Oct 2024039571.372.28$901
Sep 2024026969.612.36$636
Aug 2024024675.632.06$508
Jul 2024045779.932.15$981
Jun 2024036578.082.63$961
May 2024033478.812.20$734
Apr 2024035984.451.66$596
Mar 2024030980.301.55$477
Feb 202405576.091.78$98
Jan 2024036373.023.30$1,197
Dec 2023020571.262.61$535
Nov 2023020277.892.81$567
Oct 2023027685.443.09$852
Sep 2023017189.042.74$468
Aug 2023020780.522.67$553
Jul 2023020074.852.64$528
Jun 2023022368.962.26$504
May 2023022470.622.23$499
Apr 2023023378.122.24$521
Mar 2023019072.852.39$455
Feb 2023023375.112.47$575
Jan 2023017376.533.39$586
Dec 2022016776.415.73$957
Nov 2022019285.005.65$1,084
Oct 2022023587.185.86$1,378
Sep 2022023584.888.16$1,918
Aug 2022031294.529.13$2,848
Jul 20220300101.587.54$2,263
Jun 20220292115.097.98$2,329
May 20220296109.378.43$2,496
Apr 20220310104.226.84$2,120
Mar 20220321108.885.08$1,630
Feb 2022028491.054.86$1,380
Jan 2022030681.844.54$1,389
Dec 2021032471.323.90$1,263
Nov 2021032777.435.24$1,712
Oct 2021031179.795.71$1,777
Sep 2021030469.865.35$1,627
Aug 2021032866.024.22$1,384
Jul 2021033270.783.98$1,322
Jun 2021029369.493.38$991
May 2021024463.483.02$736
Apr 2021024960.362.76$687
Mar 2021026261.302.72$712
Feb 2021027857.805.55$1,542
Jan 2021034850.412.81$978
Dec 2020037644.642.68$1,006
Nov 2020036538.772.71$988
Oct 2020040536.972.48$1,004
Sep 2020042737.091.99$850
Aug 2020043139.982.39$1,028
Jul 2020042138.371.83$768
Jun 2020039434.901.69$666
May 2020039716.921.81$720
Apr 2020037614.751.80$678
Mar 2020039530.341.86$733
Feb 2020041249.881.98$816
Jan 2020043557.252.09$911
Dec 2019041559.012.30$956
Nov 2019042155.302.75$1,158
Oct 2019043653.472.42$1,054
Sep 2019042055.052.66$1,116
Aug 2019046553.112.30$1,072
Jul 2019050156.272.46$1,232
Jun 2019040552.782.49$1,009
May 2019048858.482.74$1,337
Apr 2019038862.632.75$1,067
Mar 2019046656.803.06$1,427
Feb 2019039950.852.79$1,114
Jan 2019059646.033.23$1,924
Dec 2018095346.594.19$3,989
Nov 2018095752.934.24$4,055
Oct 2018094761.443.40$3,218
Sep 2018066159.543.11$2,054
Aug 2018057059.403.07$1,748
Jul 2018058165.142.93$1,703
Jun 2018057660.183.08$1,772
May 2018059565.382.90$1,726
Apr 2018043363.842.90$1,256
Mar 2018064061.222.79$1,784
Feb 2018057261.782.77$1,582
Jan 2018067062.874.01$2,686
Dec 2017068457.272.92$1,998
Nov 2017061755.423.12$1,924
Oct 2017059949.292.98$1,787
Sep 2017062547.523.09$1,930
Aug 2017052945.373.00$1,589
Jul 2017051043.873.09$1,575
Jun 2017051142.493.09$1,578
May 2017054045.373.26$1,762
Apr 2017087247.933.21$2,801
Mar 2017060146.772.98$1,793
Feb 2017022050.452.95$650
Jan 201702,20249.413.42$7,528
Dec 201603,20748.763.72$11,939
Nov 201603,33142.492.64$8,808
Oct 201603,43746.193.09$10,621
Sep 201602,23741.553.10$6,936
Aug 201602,83641.442.92$8,293
Jul 201602,95441.622.92$8,639
Jun 201602,91145.352.69$7,818
May 201602,75142.521.99$5,477
Apr 201602,66936.561.99$5,314
Mar 201601,67833.011.79$3,010
Feb 201601,60526.472.06$3,312
Jan 201601,82027.352.36$4,303
Dec 201503,88632.362.00$7,777
Nov 201503,87038.792.17$8,388
Oct 201502,85643.552.43$6,930
Sep 201501,65642.992.76$4,568
Aug 201501,57840.162.87$4,533
Jul 201501,49348.152.95$4,397
Jun 201501,46356.152.88$4,218
May 201501,66355.212.96$4,915
Apr 201501,77649.822.71$4,807
Mar 201501,69942.892.93$4,986
Feb 201501,63944.662.98$4,878
Jan 201502,03043.433.10$6,294
Dec 201401,99854.693.59$7,176
Nov 201401,66170.464.25$7,062
Oct 201401,68178.303.90$6,558
Sep 201401,67886.164.05$6,788
Aug 201401,90389.394.04$7,679
Jul 201401,36196.564.18$5,688
Jun 201401,28898.164.74$6,101
May 201402,00794.734.73$9,486
Apr 201401,82195.944.81$8,757
Mar 201401,40995.895.06$7,125
Feb 201401,44397.406.19$8,935
Jan 201401,66090.404.86$8,069
Dec 201301,97291.824.35$8,587
Nov 201301,78488.853.74$6,669
Oct 201301,95297.423.78$7,377
Sep 201301,931104.113.72$7,179
Aug 201301,754104.253.52$6,179
Jul 201301,775102.523.72$6,599
Jun 201301,59194.403.93$6,258
May 201301,79794.834.15$7,456
Apr 201302,08293.964.28$8,916
Mar 201301,13593.623.91$4,441
Feb 201301,20691.233.42$4,124
Jan 201301,09691.603.42$3,748
Dec 201201,08286.773.42$3,701
Nov 2012080086.953.62$2,900
Oct 2012093689.383.40$3,182
Sep 201201,23894.672.92$3,613
Aug 201201,08192.662.91$3,144
Jul 20120185.133.02$3
Jun 20120079.822.52$0
May 2012076191.612.49$1,894
Apr 20120274101.652.00$547
Mar 201201,023105.052.22$2,273
Feb 201201,174101.102.57$3,017
Jan 201201,08398.092.73$2,961
Dec 2011010396.873.24$334
Nov 2011061995.723.31$2,050
Oct 2011098484.983.65$3,590
Sep 2011010483.623.99$415
Aug 2011093083.404.15$3,859
Jul 2011048594.144.52$2,191
Jun 2011076792.904.64$3,559
May 201101,07498.134.40$4,731
Apr 201100105.964.33$0
Mar 2011055796.364.06$2,260
Feb 2011068785.644.18$2,872
Jan 2011050686.504.59$2,322
Dec 201001,28685.734.35$5,591
Nov 20100080.843.80$0
Oct 2010047478.103.51$1,663
Sep 2010069272.633.98$2,754
Aug 2010080273.684.42$3,544
Jul 2010087372.554.74$4,135
Jun 2010073570.364.91$3,609
May 201001,01371.124.24$4,290
Apr 2010054081.694.12$2,226
Mar 2010063678.394.39$2,791
Feb 2010054873.585.44$2,982
Jan 2010049774.365.96$2,964
Dec 2009061971.445.48$3,394
Nov 2009094274.593.75$3,534
Oct 2009063072.544.11$2,589
Sep 2009044865.543.06$1,373
Aug 2009064167.423.22$2,063
Jul 2009080961.133.46$2,803
Jun 2009078366.163.90$3,050
May 2009083154.743.93$3,262
Apr 2009067546.773.59$2,422
Mar 2009055042.144.06$2,232
Feb 2009041732.814.63$1,932
Jan 2009173935.865.37$4,005
Dec 2008088237.105.98$5,272
Nov 200801,15555.496.86$7,924
Oct 200801,58575.246.92$10,971
Sep 200801,689101.767.88$13,304
Aug 200801,880114.228.48$15,948
Jul 200802,127131.0811.39$24,225
Jun 200802,320131.3313.03$30,236
May 200802,371123.1711.57$27,443
Apr 200802,399110.3110.45$25,081
Mar 200803,417101.909.66$33,022
Feb 200812,67692.538.77$23,563
Jan 200802,33590.388.21$19,160
Dec 200703,87388.337.30$28,281
Nov 200703,76091.677.29$27,417
Oct 200704,41182.856.92$30,533
Sep 200701,90275.846.24$11,876
Aug 200701,93569.066.39$12,361
Jul 200701,84270.906.39$11,767
Jun 200701,78662.007.55$13,482
May 200702,20658.747.85$17,309
Apr 200701,94059.617.81$15,142
Mar 200702,44556.927.30$17,853
Feb 200701,22755.108.22$10,081
Jan 200701,34250.306.73$9,027
Dec 200602,26656.656.92$15,677
Nov 200602,76054.207.62$21,024
Oct 200602,57754.906.01$15,498
Sep 200601,00760.085.04$5,072
Aug 200602,25068.717.34$16,515
Jul 200611,38569.376.34$8,854
Jun 200601,57966.286.38$10,080
May 200602,85066.016.42$18,311
Apr 200613,12364.397.36$23,051
Mar 200606,96056.707.08$49,297
Feb 20062257.597.75$131
Jan 20060060.598.93$0
Dec 200507,39254.9413.42$99,167
Nov 200518,94554.6910.59$94,768
Oct 200508,93358.3413.80$123,238
Sep 200538,56261.4512.08$103,605
Aug 200527,91261.519.80$77,636
Jul 200507,76955.697.84$60,937
Jun 200519,77052.337.38$72,165
May 2005010,86245.226.65$72,245
Apr 2005111,22649.207.36$82,678
Mar 2005011,40150.377.15$81,573
Feb 2005011,63145.226.31$73,414
Jan 2005313,42443.166.32$84,999
Dec 2004013,61539.866.75$91,916
Nov 2004014,67545.286.33$92,899
Oct 2004014,51849.706.52$94,586
Sep 2004115,46143.245.28$81,738
Aug 2004117,42942.375.55$96,785
Jul 2004117,80938.286.08$108,391
Jun 2004215,57236.106.43$100,247
May 2004319,81237.486.49$128,783
Apr 2004421,12634.475.86$123,904
Mar 2004221,63834.365.53$119,730
Feb 2004623,75932.455.51$131,098
Jan 20041528,81332.036.30$181,992
Dec 20032126,82130.266.30$169,652
Nov 20034440,08728.804.60$185,473
Oct 200316234,73328.174.76$169,880

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                  314 Mcf  × $  3.05 =       $956

────────────────────────────────────────────────────
Month total                                     $956

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/197953 is the state's own key, not one this site invented.