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 218291District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.3 M
Mar 2006 – May 2026
Value, last 12 filed months
$93 k
at the published price for each month
Months reported
243
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 Gas112006-10-19168603
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
CondensateDisposition37 bbl$2,770
GasProduction1,428,746 Mcf$7,264,858
Total$7,267,628

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 31.2135, -96.4698. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.21354, -96.46985 · 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
13,045 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 13,045 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-395310891413,045 ftMar 2006

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 (243)

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

243 months

May 202601,935106.413.05$5,894
Apr 202602,09998.932.87$6,024
Mar 202602,21089.753.15$6,960
Feb 202601,99563.503.75$7,482
Jan 202601,98159.138.00$15,844
Dec 202502,26156.664.41$9,979
Nov 202501,73858.593.93$6,824
Oct 202502,32759.383.30$7,690
Sep 202502,14662.743.08$6,603
Aug 202502,53963.933.01$7,654
Jul 202501,65666.743.32$5,490
Jun 202502,04866.483.13$6,408
May 202502,46260.553.23$7,958
Apr 202502,81162.363.54$9,960
Mar 202502,30267.704.27$9,826
Feb 202502,19270.884.34$9,515
Jan 202503,15774.324.28$13,508
Dec 202402,76168.993.12$8,618
Nov 202403,08669.052.20$6,784
Oct 202403,74071.372.28$8,532
Sep 202403,02169.612.36$7,143
Aug 202402,94175.632.06$6,069
Jul 202403,76179.932.15$8,073
Jun 202402,61778.082.63$6,893
May 202403,98878.812.20$8,767
Apr 202401,63084.451.66$2,705
Mar 202402,28480.301.55$3,529
Feb 202403,58576.091.78$6,394
Jan 202404,84273.023.30$15,967
Dec 202301,70471.262.61$4,449
Nov 202301,60677.892.81$4,509
Oct 202301,84985.443.09$5,708
Sep 202301,92989.042.74$5,276
Aug 202301,96880.522.67$5,260
Jul 202302,18774.852.64$5,778
Jun 202302,22468.962.26$5,023
May 202301,39070.622.23$3,096
Apr 202301,48378.122.24$3,319
Mar 202301,95372.852.39$4,674
Feb 202301,91875.112.47$4,729
Jan 202302,34276.533.39$7,934
Dec 2022028176.415.73$1,610
Nov 2022097485.005.65$5,499
Oct 202203,57587.185.86$20,963
Sep 202201,67384.888.16$13,658
Aug 202204,92394.529.13$44,933
Jul 202203,425101.587.54$25,832
Jun 202201,756115.097.98$14,008
May 202201,952109.378.43$16,461
Apr 202202,006104.226.84$13,716
Mar 202202,090108.885.08$10,610
Feb 202201,75891.054.86$8,542
Jan 202201,96381.844.54$8,907
Dec 202102,26071.323.90$8,812
Nov 202102,60777.435.24$13,652
Oct 202101,67279.795.71$9,554
Sep 202101,82369.865.35$9,755
Aug 202101,73966.024.22$7,340
Jul 202102,16570.783.98$8,621
Jun 202102,12069.493.38$7,167
May 202102,50063.483.02$7,544
Apr 202104,07360.362.76$11,235
Mar 202107,09361.302.72$19,271
Feb 202101,17957.805.55$6,541
Jan 202101,68650.412.81$4,738
Dec 202001,99644.642.68$5,340
Nov 202002,12938.772.71$5,762
Oct 202002,27836.972.48$5,646
Sep 202002,40337.091.99$4,784
Aug 202002,62539.982.39$6,261
Jul 202002,75538.371.83$5,028
Jun 202002,85734.901.69$4,829
May 202003,18916.921.81$5,787
Apr 202002,66514.751.80$4,809
Mar 202002,50430.341.86$4,648
Feb 202002,99049.881.98$5,922
Jan 202002,52757.252.09$5,293
Dec 201901,93559.012.30$4,459
Nov 201902,14455.302.75$5,898
Oct 201902,50153.472.42$6,049
Sep 201902,62455.052.66$6,973
Aug 201902,84253.112.30$6,549
Jul 201902,97156.272.46$7,309
Jun 201902,95752.782.49$7,366
May 201902,67658.482.74$7,333
Apr 201902,61962.632.75$7,204
Mar 201902,99156.803.06$9,159
Feb 201902,73850.852.79$7,645
Jan 201903,24246.033.23$10,466
Dec 201803,26346.594.19$13,657
Nov 201803,25152.934.24$13,775
Oct 201803,90061.443.40$13,253
Sep 201804,51659.543.11$14,036
Aug 201803,43959.403.07$10,546
Jul 201803,23665.142.93$9,488
Jun 201803,80860.183.08$11,717
May 201804,09565.382.90$11,879
Apr 201803,82363.842.90$11,090
Mar 201803,53161.222.79$9,840
Feb 201802,94661.782.77$8,149
Jan 201803,23962.874.01$12,986
Dec 201703,37757.272.92$9,866
Nov 201703,19655.423.12$9,966
Oct 201703,21049.292.98$9,578
Sep 201703,58647.523.09$11,071
Aug 201703,69145.373.00$11,089
Jul 201703,79043.873.09$11,701
Jun 201704,02842.493.09$12,436
May 201704,01445.373.26$13,099
Apr 201703,54947.933.21$11,398
Mar 201703,14946.772.98$9,396
Feb 201703,69150.452.95$10,898
Jan 201704,02149.413.42$13,747
Dec 201604,40148.763.72$16,384
Nov 201604,34142.492.64$11,479
Oct 201604,01046.193.09$12,392
Sep 201604,21541.553.10$13,069
Aug 201605,09441.442.92$14,897
Jul 201604,65541.622.92$13,613
Jun 201605,25845.352.69$14,122
May 201605,80642.521.99$11,560
Apr 201606,05536.561.99$12,056
Mar 201607,25133.011.79$13,008
Feb 201606,90226.472.06$14,243
Jan 201604,42127.352.36$10,453
Dec 201504,28332.362.00$8,572
Nov 201503,86638.792.17$8,379
Oct 201504,63143.552.43$11,237
Sep 201504,45842.992.76$12,297
Aug 201504,05840.162.87$11,657
Jul 201503,76548.152.95$11,088
Jun 201503,16656.152.88$9,127
May 201503,68855.212.96$10,900
Apr 201503,80849.822.71$10,307
Mar 201503,64142.892.93$10,685
Feb 201503,54344.662.98$10,545
Jan 201504,03543.433.10$12,511
Dec 201404,60754.693.59$16,545
Nov 201404,10970.464.25$17,471
Oct 201404,54878.303.90$17,742
Sep 201403,78186.164.05$15,296
Aug 201405,00889.394.04$20,208
Jul 201404,70896.564.18$19,678
Jun 201404,62898.164.74$21,922
May 201404,12394.734.73$19,488
Apr 201403,88795.944.81$18,693
Mar 201404,13695.895.06$20,915
Feb 201404,07397.406.19$25,220
Jan 201404,64890.404.86$22,593
Dec 201304,34591.824.35$18,920
Nov 201304,39688.853.74$16,433
Oct 201304,73297.423.78$17,884
Sep 201304,567104.113.72$16,979
Aug 201305,040104.253.52$17,754
Jul 201304,909102.523.72$18,250
Jun 201305,04494.403.93$19,840
May 201305,14194.834.15$21,330
Apr 201305,27093.964.28$22,569
Mar 201305,29593.623.91$20,719
Feb 201305,02891.233.42$17,195
Jan 201305,72291.603.42$19,569
Dec 201204,90186.773.42$16,762
Nov 201205,34286.953.62$19,365
Oct 201205,84889.383.40$19,881
Sep 201205,80494.672.92$16,938
Aug 201206,03492.662.91$17,548
Jul 201206,28885.133.02$18,995
Jun 201206,28779.822.52$15,837
May 201206,35791.612.49$15,818
Apr 201206,461101.652.00$12,901
Mar 201207,169105.052.22$15,930
Feb 201205,557101.102.57$14,283
Jan 201207,27398.092.73$19,885
Dec 201107,31996.873.24$23,712
Nov 201105,59395.723.31$18,520
Oct 201106,15884.983.65$22,468
Sep 201105,79583.623.99$23,098
Aug 201106,11383.404.15$25,365
Jul 201106,81694.144.52$30,790
Jun 201107,09792.904.64$32,929
May 201105,55598.134.40$24,469
Apr 201105,319105.964.33$23,049
Mar 201105,46396.364.06$22,165
Feb 201105,42985.644.18$22,693
Jan 201108,04386.504.59$36,908
Dec 201009,44385.734.35$41,056
Nov 201009,62580.843.80$36,530
Oct 2010010,63878.103.51$37,328
Sep 2010010,20672.633.98$40,614
Aug 2010011,22773.684.42$49,616
Jul 2010012,87972.554.74$61,001
Jun 2010017,90670.364.91$87,926
May 2010011971.124.24$504
Apr 201001,62881.694.12$6,712
Mar 201004,13878.394.39$18,160
Feb 201004,84673.585.44$26,374
Jan 201006,36674.365.96$37,967
Dec 200906,49871.445.48$35,633
Nov 200906,45474.593.75$24,212
Oct 200908,61772.544.11$35,418
Sep 200909,57465.543.06$29,342
Aug 200906,24667.423.22$20,103
Jul 2009010,38561.133.46$35,979
Jun 200907,09366.163.90$27,627
May 200907,43554.743.93$29,188
Apr 200916,87346.773.59$24,704
Mar 200927,75142.144.06$31,546
Feb 200907,01932.814.63$32,519
Jan 200916,57935.865.37$35,372
Dec 200808,07837.105.98$48,283
Nov 200808,88755.496.86$60,968
Oct 200807,92275.246.92$54,836
Sep 200808,247101.767.88$64,962
Aug 200809,349114.228.48$79,308
Jul 200809,987131.0811.39$113,746
Jun 2008010,924131.3313.03$142,368
May 2008012,402123.1711.57$143,544
Apr 2008211,397110.3110.45$119,375
Mar 2008615,035101.909.66$145,911
Feb 2008311,98092.538.77$105,349
Jan 2008110,44790.388.21$85,816
Dec 2007010,72988.337.30$78,343
Nov 2007010,75291.677.29$78,400
Oct 2007010,88582.856.92$75,346
Sep 2007111,11875.846.24$69,498
Aug 2007112,04269.066.39$76,993
Jul 2007012,47170.906.39$79,664
Jun 2007212,08862.007.55$91,370
May 2007013,91158.747.85$109,150
Apr 2007113,44759.617.81$105,016
Mar 2007015,23956.927.30$111,275
Feb 2007114,63355.108.22$120,280
Jan 2007015,65250.306.73$105,289
Dec 2006016,36756.656.92$113,234
Nov 2006017,32254.207.62$131,950
Oct 2006120,18254.906.01$121,425
Sep 2006021,52660.085.04$108,431
Aug 2006026,24668.717.34$192,644
Jul 20061230,96269.376.34$197,217
Jun 2006035,60466.286.38$227,292
May 2006245,39966.016.42$291,821
Apr 2006065,61164.397.36$482,928
Mar 200607,77556.707.08$55,070

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                1,935 Mcf  × $  3.05 =     $5,894

────────────────────────────────────────────────────
Month total                                   $5,894

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/218291 is the state's own key, not one this site invented.