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 207041District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
Dec 2004 – May 2026
Value, last 12 filed months
$44 k
at the published price for each month
Months reported
258
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 Gas112005-07-12160513
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
CondensateDisposition63 bbl$3,335
GasProduction946,649 Mcf$5,455,132
Total$5,458,468

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 31.2188, -96.4433. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.21878, -96.44327 · 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
13,209 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 13,209 ft.

Completions filed
Dec 2004
1 of 1 wells

1 well

42-39530908813,209 ftDec 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 (258)

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

258 months

May 202601,039106.413.05$3,165
Apr 2026089298.932.87$2,560
Mar 2026090989.753.15$2,863
Feb 2026072763.503.75$2,726
Jan 2026094559.138.00$7,558
Dec 202501,04756.664.41$4,621
Nov 202501,00158.593.93$3,930
Oct 2025096559.383.30$3,189
Sep 2025095862.743.08$2,948
Aug 202501,02463.933.01$3,087
Jul 202501,07166.743.32$3,551
Jun 202501,09366.483.13$3,420
May 2025094360.553.23$3,048
Apr 202501,08362.363.54$3,837
Mar 2025060467.704.27$2,578
Feb 2025031770.884.34$1,376
Jan 2025090074.324.28$3,851
Dec 2024085368.993.12$2,663
Nov 2024094669.052.20$2,080
Oct 202401,28871.372.28$2,938
Sep 202401,25569.612.36$2,967
Aug 202401,23475.632.06$2,547
Jul 202401,74079.932.15$3,735
Jun 202403,08178.082.63$8,115
May 202402,89178.812.20$6,356
Apr 202401,83284.451.66$3,040
Mar 202402,19480.301.55$3,390
Feb 202402,73676.091.78$4,880
Jan 202402,32973.023.30$7,680
Dec 202301,76471.262.61$4,605
Nov 202301,33877.892.81$3,757
Oct 202301,41985.443.09$4,381
Sep 202301,58089.042.74$4,321
Aug 202301,78180.522.67$4,760
Jul 202301,44974.852.64$3,828
Jun 202301,34068.962.26$3,026
May 202301,64770.622.23$3,669
Apr 202301,50278.122.24$3,361
Mar 202301,62872.852.39$3,896
Feb 202301,17775.112.47$2,902
Jan 202301,46076.533.39$4,946
Dec 202201,41176.415.73$8,084
Nov 202201,57785.005.65$8,904
Oct 202201,76487.185.86$10,344
Sep 202201,78784.888.16$14,589
Aug 202202,06094.529.13$18,802
Jul 202202,288101.587.54$17,256
Jun 202201,863115.097.98$14,862
May 20220790109.378.43$6,662
Apr 20220333104.226.84$2,277
Mar 20220706108.885.08$3,584
Feb 2022052691.054.86$2,556
Jan 202201,28681.844.54$5,835
Dec 202102,03871.323.90$7,946
Nov 202101,88077.435.24$9,845
Oct 202101,60779.795.71$9,182
Sep 202102,06169.865.35$11,028
Aug 202102,87066.024.22$12,113
Jul 202103,31870.783.98$13,213
Jun 202103,08669.493.38$10,433
May 202102,73663.483.02$8,256
Apr 202102,27260.362.76$6,267
Mar 202102,46061.302.72$6,684
Feb 2021077657.805.55$4,305
Jan 202101,61050.412.81$4,525
Dec 202001,19144.642.68$3,186
Nov 202001,57838.772.71$4,271
Oct 202001,07136.972.48$2,654
Sep 2020082237.091.99$1,637
Aug 202001,74839.982.39$4,169
Jul 202001,88538.371.83$3,440
Jun 202001,77234.901.69$2,995
May 202001,75016.921.81$3,176
Apr 202001,77314.751.80$3,199
Mar 202001,80430.341.86$3,349
Feb 202001,66149.881.98$3,290
Jan 202001,95557.252.09$4,095
Dec 201901,88759.012.30$4,348
Nov 201901,81755.302.75$4,998
Oct 201901,90653.472.42$4,610
Sep 201901,95355.052.66$5,190
Aug 201902,06753.112.30$4,763
Jul 201902,18156.272.46$5,365
Jun 201902,04452.782.49$5,092
May 201901,73158.482.74$4,743
Apr 201901,36862.632.75$3,763
Mar 201901,48656.803.06$4,550
Feb 201901,47450.852.79$4,116
Jan 201901,68446.033.23$5,436
Dec 201801,86846.594.19$7,818
Nov 201801,79252.934.24$7,593
Oct 201801,81961.443.40$6,181
Sep 201802,57959.543.11$8,016
Aug 2018090159.403.07$2,763
Jul 201801,28465.142.93$3,765
Jun 201801,34460.183.08$4,135
May 201801,30265.382.90$3,777
Apr 201801,31663.842.90$3,817
Mar 201801,40661.222.79$3,918
Feb 201801,43461.782.77$3,967
Jan 201801,82062.874.01$7,297
Dec 201701,62857.272.92$4,756
Nov 201701,07755.423.12$3,358
Oct 201701,91249.292.98$5,705
Sep 201701,42947.523.09$4,412
Aug 201701,24545.373.00$3,740
Jul 201701,76143.873.09$5,437
Jun 201701,77342.493.09$5,474
May 201701,88245.373.26$6,142
Apr 201701,63647.933.21$5,254
Mar 201701,78446.772.98$5,323
Feb 201701,70750.452.95$5,040
Jan 201702,28049.413.42$7,795
Dec 201601,93948.763.72$7,219
Nov 201601,78342.492.64$4,715
Oct 201601,79746.193.09$5,553
Sep 201601,99341.553.10$6,180
Aug 201601,81441.442.92$5,305
Jul 201601,83141.622.92$5,354
Jun 201601,69945.352.69$4,563
May 201601,84442.521.99$3,671
Apr 201601,85436.561.99$3,691
Mar 201602,15533.011.79$3,866
Feb 201602,04926.472.06$4,228
Jan 201602,26927.352.36$5,365
Dec 201502,17632.362.00$4,355
Nov 201502,08838.792.17$4,525
Oct 201501,94543.552.43$4,720
Sep 201501,89442.992.76$5,224
Aug 201502,25640.162.87$6,480
Jul 201502,31248.152.95$6,809
Jun 201502,10056.152.88$6,054
May 201502,32355.212.96$6,866
Apr 201502,06649.822.71$5,592
Mar 201502,30242.892.93$6,756
Feb 201502,08844.662.98$6,214
Jan 201502,40843.433.10$7,466
Dec 201402,43554.693.59$8,745
Nov 201402,19870.464.25$9,346
Oct 201402,41178.303.90$9,405
Sep 201402,45286.164.05$9,919
Aug 201402,47389.394.04$9,979
Jul 201402,26396.564.18$9,458
Jun 201402,21098.164.74$10,469
May 201402,10794.734.73$9,959
Apr 201402,41295.944.81$11,600
Mar 201402,39095.895.06$12,086
Feb 201402,11097.406.19$13,065
Jan 201402,37590.404.86$11,544
Dec 201302,27791.824.35$9,915
Nov 201302,39688.853.74$8,957
Oct 201302,52797.423.78$9,550
Sep 201302,457104.113.72$9,134
Aug 201302,644104.253.52$9,314
Jul 201302,886102.523.72$10,729
Jun 201302,23094.403.93$8,772
May 201302,44194.834.15$10,128
Apr 201302,51993.964.28$10,788
Mar 201302,66993.623.91$10,443
Feb 201302,43191.233.42$8,314
Jan 201302,58291.603.42$8,830
Dec 201202,84386.773.42$9,724
Nov 201202,64586.953.62$9,588
Oct 201202,75189.383.40$9,353
Sep 201202,81294.672.92$8,207
Aug 201203,17092.662.91$9,219
Jul 201203,38685.133.02$10,228
Jun 201203,29579.822.52$8,300
May 201203,02391.612.49$7,522
Apr 201202,658101.652.00$5,307
Mar 201203,130105.052.22$6,955
Feb 201202,981101.102.57$7,662
Jan 201203,28998.092.73$8,992
Dec 201103,10896.873.24$10,069
Nov 201103,15895.723.31$10,457
Oct 201103,31384.983.65$12,088
Sep 201103,28283.623.99$13,081
Aug 201103,46183.404.15$14,361
Jul 201103,38594.144.52$15,291
Jun 201103,29092.904.64$15,265
May 201103,59598.134.40$15,835
Apr 201103,541105.964.33$15,344
Mar 201103,77896.364.06$15,329
Feb 201103,27885.644.18$13,702
Jan 201104,01386.504.59$18,415
Dec 201003,86085.734.35$16,782
Nov 201003,61080.843.80$13,701
Oct 201003,07278.103.51$10,779
Sep 201002,16772.633.98$8,624
Aug 201003,04373.684.42$13,448
Jul 201003,98172.554.74$18,856
Jun 201003,87370.364.91$19,018
May 201003,92671.124.24$16,627
Apr 201003,89481.694.12$16,054
Mar 201004,12578.394.39$18,103
Feb 201003,78673.585.44$20,605
Jan 201004,34974.365.96$25,938
Dec 200904,27871.445.48$23,459
Nov 200904,31774.593.75$16,195
Oct 200904,25272.544.11$17,477
Sep 200904,12565.543.06$12,642
Aug 200904,44367.423.22$14,300
Jul 200904,56761.133.46$15,822
Jun 200904,58666.163.90$17,862
May 200904,68854.743.93$18,404
Apr 200904,58946.773.59$16,463
Mar 200914,74842.144.06$19,314
Feb 200904,38232.814.63$20,302
Jan 200924,57635.865.37$24,649
Dec 200804,67537.105.98$27,943
Nov 200804,45255.496.86$30,542
Oct 200805,00275.246.92$34,624
Sep 200805,067101.767.88$39,913
Aug 200805,487114.228.48$46,546
Jul 200815,666131.0811.39$64,664
Jun 200816,760131.3313.03$88,232
May 200803,849123.1711.57$44,549
Apr 200803,818110.3110.45$39,917
Mar 200804,215101.909.66$40,734
Feb 200804,13992.538.77$36,301
Jan 200805,31590.388.21$43,613
Dec 200706,56288.337.30$47,916
Nov 200715,38691.677.29$39,365
Oct 200705,56682.856.92$38,528
Sep 200715,35775.846.24$33,526
Aug 200725,49869.066.39$35,259
Jul 200705,54070.906.39$35,389
Jun 200704,66662.007.55$35,221
May 200705,42158.747.85$42,535
Apr 200705,77559.617.81$45,075
Mar 200706,89056.927.30$50,311
Feb 200707,95455.108.22$65,350
Jan 200708,66350.306.73$58,275
Dec 200607,17456.656.92$49,633
Nov 200617,38354.207.62$56,294
Oct 200617,55154.906.01$45,465
Sep 200607,58560.085.04$38,207
Aug 200607,59468.717.34$55,739
Jul 200648,76169.376.34$55,846
Jun 200629,37766.286.38$59,994
May 200607,20066.016.42$46,260
Apr 200609,98364.397.36$73,480
Mar 2006011,37956.707.08$80,597
Feb 200605,26057.597.75$40,771
Jan 2006010,72060.598.93$95,765
Dec 2005013,74454.9413.42$184,381
Nov 200519,99854.6910.59$105,918
Oct 2005013,67658.3413.80$188,671
Sep 200529,94261.4512.08$120,212
Aug 200519,12261.519.80$89,428
Jul 2005111,96555.697.84$93,905
Jun 2005313,04352.337.38$96,428
May 2005415,17545.226.65$101,112
Apr 2005620,90649.207.36$154,173
Mar 2005322,35150.377.15$160,070
Feb 2005325,90345.226.31$163,633
Jan 20051340,19543.166.32$254,682
Dec 2004948,96339.866.75$330,912

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                1,039 Mcf  × $  3.05 =     $3,165

────────────────────────────────────────────────────
Month total                                   $3,165

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/207041 is the state's own key, not one this site invented.