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 203208District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.9 M
Jul 2004 – May 2026
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
263
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 Gas112004-10-21158408
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
CondensateDisposition42 bbl$1,883
GasProduction1,249,340 Mcf$6,870,874
Total$6,872,757

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 31.2169, -96.4675. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.21688, -96.46748 · 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
13,020 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 13,020 ft.

Completions filed
Jul 2004
1 of 1 wells

1 well

42-395308811713,020 ftJul 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 (263)

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

263 months

May 20260608106.413.05$1,852
Apr 2026054598.932.87$1,564
Mar 2026078189.753.15$2,460
Feb 2026067563.503.75$2,531
Jan 2026086259.138.00$6,894
Dec 202501,18956.664.41$5,247
Nov 2025066258.593.93$2,599
Oct 2025051559.383.30$1,702
Sep 2025069462.743.08$2,135
Aug 2025065063.933.01$1,960
Jul 2025074666.743.32$2,473
Jun 2025077766.483.13$2,431
May 2025091160.553.23$2,945
Apr 2025067762.363.54$2,399
Mar 2025080867.704.27$3,449
Feb 2025079570.884.34$3,451
Jan 202501,08474.324.28$4,638
Dec 202401,03468.993.12$3,228
Nov 2024098469.052.20$2,163
Oct 202401,06271.372.28$2,423
Sep 202401,04069.612.36$2,459
Aug 2024087875.632.06$1,812
Jul 2024080979.932.15$1,737
Jun 2024061478.082.63$1,617
May 2024079178.812.20$1,739
Apr 2024077984.451.66$1,293
Mar 2024085580.301.55$1,321
Feb 2024054676.091.78$974
Jan 2024084573.023.30$2,787
Dec 2023087171.262.61$2,274
Nov 2023075377.892.81$2,114
Oct 2023079385.443.09$2,448
Sep 2023075289.042.74$2,057
Aug 2023093680.522.67$2,502
Jul 2023094474.852.64$2,494
Jun 2023091168.962.26$2,057
May 2023091870.622.23$2,045
Apr 2023085478.122.24$1,911
Mar 2023099872.852.39$2,388
Feb 202301,13375.112.47$2,794
Jan 202301,00976.533.39$3,418
Dec 202201,16776.415.73$6,686
Nov 202201,12185.005.65$6,329
Oct 202201,15987.185.86$6,796
Sep 202201,26384.888.16$10,311
Aug 202201,33494.529.13$12,176
Jul 202201,316101.587.54$9,925
Jun 202201,295115.097.98$10,330
May 202201,413109.378.43$11,916
Apr 202201,447104.226.84$9,894
Mar 202201,454108.885.08$7,381
Feb 202201,36391.054.86$6,623
Jan 202201,53981.844.54$6,983
Dec 202101,58371.323.90$6,172
Nov 202101,54977.435.24$8,112
Oct 202101,72779.795.71$9,868
Sep 202101,62269.865.35$8,679
Aug 202101,70066.024.22$7,175
Jul 202101,78170.783.98$7,092
Jun 202101,72869.493.38$5,842
May 202101,89463.483.02$5,715
Apr 202102,05560.362.76$5,669
Mar 202101,83561.302.72$4,986
Feb 202101,51057.805.55$8,377
Jan 202101,78250.412.81$5,008
Dec 202002,22244.642.68$5,945
Nov 202002,10238.772.71$5,689
Oct 202002,37536.972.48$5,886
Sep 202002,39437.091.99$4,767
Aug 202002,63139.982.39$6,275
Jul 202002,60838.371.83$4,760
Jun 202002,39134.901.69$4,042
May 202001,23516.921.81$2,241
Apr 2020089414.751.80$1,613
Mar 202001,20030.341.86$2,227
Feb 202001,28049.881.98$2,535
Jan 202001,26157.252.09$2,641
Dec 2019036059.012.30$830
Nov 20190055.302.75$0
Oct 201901,60853.472.42$3,889
Sep 201901,49355.052.66$3,967
Aug 201902,32553.112.30$5,358
Jul 201902,54656.272.46$6,263
Jun 201902,12452.782.49$5,291
May 201902,29358.482.74$6,284
Apr 201902,54162.632.75$6,990
Mar 201902,74856.803.06$8,415
Feb 201902,51950.852.79$7,034
Jan 201902,76946.033.23$8,939
Dec 201802,66046.594.19$11,133
Nov 201802,55852.934.24$10,839
Oct 201802,77261.443.40$9,419
Sep 201802,61059.543.11$8,112
Aug 201802,59559.403.07$7,958
Jul 201802,48365.142.93$7,280
Jun 201802,55760.183.08$7,868
May 201802,65265.382.90$7,693
Apr 201802,64263.842.90$7,664
Mar 201802,16961.222.79$6,045
Feb 201802,02361.782.77$5,596
Jan 201802,26662.874.01$9,085
Dec 201702,30857.272.92$6,743
Nov 201702,38355.423.12$7,431
Oct 201702,74849.292.98$8,199
Sep 201702,72047.523.09$8,397
Aug 201702,85245.373.00$8,569
Jul 201703,29943.873.09$10,185
Jun 201703,23042.493.09$9,972
May 201703,43345.373.26$11,203
Apr 201703,45147.933.21$11,083
Mar 201703,65946.772.98$10,917
Feb 201703,48450.452.95$10,287
Jan 201703,81249.413.42$13,032
Dec 201603,71448.763.72$13,827
Nov 201603,58342.492.64$9,475
Oct 201603,79746.193.09$11,734
Sep 201603,22841.553.10$10,009
Aug 201603,73041.442.92$10,908
Jul 201603,60841.622.92$10,551
Jun 201603,56645.352.69$9,578
May 201603,88942.521.99$7,743
Apr 201603,75236.561.99$7,470
Mar 201604,21333.011.79$7,558
Feb 201603,35826.472.06$6,930
Jan 201604,01527.352.36$9,493
Dec 201503,98032.362.00$7,966
Nov 201503,74038.792.17$8,106
Oct 201503,94943.552.43$9,583
Sep 201504,03842.992.76$11,139
Aug 201503,97040.162.87$11,404
Jul 201504,43248.152.95$13,053
Jun 201504,37356.152.88$12,607
May 201504,59555.212.96$13,580
Apr 201504,52249.822.71$12,239
Mar 201504,62142.892.93$13,561
Feb 201504,29144.662.98$12,771
Jan 201504,72143.433.10$14,638
Dec 201404,76754.693.59$17,120
Nov 201404,61470.464.25$19,618
Oct 201404,94978.303.90$19,306
Sep 201404,93386.164.05$19,956
Aug 201405,19189.394.04$20,946
Jul 201405,34496.564.18$22,336
Jun 201405,31798.164.74$25,186
May 201405,63594.734.73$26,634
Apr 201406,73895.944.81$32,404
Mar 201402,76195.895.06$13,962
Feb 201402,43697.406.19$15,084
Jan 201402,79890.404.86$13,600
Dec 201303,09591.824.35$13,477
Nov 201303,21388.853.74$12,011
Oct 201303,39497.423.78$12,827
Sep 201303,703104.113.72$13,767
Aug 201304,271104.253.52$15,045
Jul 201304,669102.523.72$17,358
Jun 201304,81894.403.93$18,951
May 201305,30894.834.15$22,023
Apr 201305,64593.964.28$24,175
Mar 201305,85293.623.91$22,898
Feb 201305,35091.233.42$18,297
Jan 201306,46691.603.42$22,113
Dec 201206,34386.773.42$21,694
Nov 201206,86886.953.62$24,896
Oct 201207,88889.383.40$26,817
Sep 201208,89294.672.92$25,950
Aug 201205,35392.662.91$15,567
Jul 201201,96985.133.02$5,948
Jun 201203,35379.822.52$8,446
May 201202,93691.612.49$7,306
Apr 201202,911101.652.00$5,813
Mar 201203,092105.052.22$6,871
Feb 201202,978101.102.57$7,654
Jan 201203,29198.092.73$8,998
Dec 201102,07096.873.24$6,706
Nov 201102,58695.723.31$8,563
Oct 201102,91184.983.65$10,621
Sep 201102,36583.623.99$9,426
Aug 201102,86583.404.15$11,888
Jul 201102,54094.144.52$11,474
Jun 201102,63992.904.64$12,245
May 201102,31798.134.40$10,206
Apr 201101,982105.964.33$8,589
Mar 201104,04196.364.06$16,396
Feb 201103,03985.644.18$12,703
Jan 201105,58986.504.59$25,647
Dec 201005,66285.734.35$24,617
Nov 201006,32680.843.80$24,009
Oct 201006,83478.103.51$23,980
Sep 201007,37472.633.98$29,345
Aug 201007,66873.684.42$33,888
Jul 201006,28372.554.74$29,759
Jun 201006,39170.364.91$31,382
May 201006,32971.124.24$26,805
Apr 201005,77181.694.12$23,792
Mar 201006,20378.394.39$27,223
Feb 201004,82773.585.44$26,270
Jan 201004,81174.365.96$28,693
Dec 200905,82471.445.48$31,937
Nov 200908,05374.593.75$30,211
Oct 200909,52872.544.11$39,162
Sep 200908,70765.543.06$26,685
Aug 2009010,44567.423.22$33,617
Jul 2009012,01261.133.46$41,616
Jun 2009010,49366.163.90$40,870
May 200902,84854.743.93$11,181
Apr 200902,92746.773.59$10,501
Mar 200903,20142.144.06$12,993
Feb 200902,77132.814.63$12,838
Jan 200902,99635.865.37$16,092
Dec 200802,89837.105.98$17,322
Nov 200802,93455.496.86$20,128
Oct 200803,25675.246.92$22,538
Sep 200803,170101.767.88$24,970
Aug 200803,231114.228.48$27,409
Jul 200803,419131.0811.39$38,940
Jun 200804,021131.3313.03$52,404
May 200803,535123.1711.57$40,915
Apr 200804,190110.3110.45$43,806
Mar 200805,748101.909.66$55,549
Feb 200804,98592.538.77$43,721
Jan 200806,19390.388.21$50,818
Dec 200706,95988.337.30$50,814
Nov 200706,86691.677.29$50,065
Oct 200707,48282.856.92$51,790
Sep 200707,79075.846.24$48,642
Aug 200708,11969.066.39$51,864
Jul 200708,02770.906.39$51,276
Jun 200717,73662.007.55$58,457
May 200708,32258.747.85$65,297
Apr 200718,89659.617.81$69,495
Mar 200708,46056.927.30$61,775
Feb 200708,39955.108.22$69,006
Jan 2007010,94750.306.73$73,639
Dec 2006010,41656.656.92$72,062
Nov 200608,07754.207.62$61,526
Oct 200606,93754.906.01$41,718
Sep 200607,65860.085.04$38,575
Aug 200608,03268.717.34$58,954
Jul 200607,42869.376.34$47,114
Jun 200618,19166.286.38$52,357
May 200609,11566.016.42$58,564
Apr 200608,89664.397.36$65,479
Mar 2006012,71356.707.08$90,045
Feb 2006013,80457.597.75$106,996
Jan 2006117,29760.598.93$154,580
Dec 2005113,61354.9413.42$182,679
Nov 2005112,86054.6910.59$136,222
Oct 2005025,47458.3413.80$351,433
Sep 200517,63261.4512.08$92,248
Aug 200518,31161.519.80$81,483
Jul 200508,96155.697.84$70,287
Jun 2005010,38952.337.38$76,682
May 200509,56645.226.65$63,625
Apr 2005110,75149.207.36$79,182
Mar 200519,22850.377.15$66,076
Feb 200509,60345.226.31$60,613
Jan 2005321,18243.166.32$134,046
Dec 2004025,13839.866.75$169,709
Nov 2004328,36845.286.33$179,717
Oct 2004129,85649.706.52$194,565
Sep 2004234,84443.245.28$184,199
Aug 2004550,56342.375.55$280,870
Jul 20041832,79038.286.08$200,189

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                  608 Mcf  × $  3.05 =     $1,852

────────────────────────────────────────────────────
Month total                                   $1,852

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/203208 is the state's own key, not one this site invented.