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 244053District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.2 M
Nov 2008 – May 2026
Value, last 12 filed months
$102 k
at the published price for each month
Months reported
211
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 Gas112009-02-09189367
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
CondensateDisposition34 bbl$1,420
GasProduction815,162 Mcf$3,176,177
Total$3,177,596

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 31.2163, -96.4535. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.21626, -96.45348 · 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
13,250 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 13,250 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-395312921113,250 ftNov 2008

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 (211)

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

211 months

May 202601,984106.413.05$6,043
Apr 202602,10598.932.87$6,041
Mar 202602,29889.753.15$7,237
Feb 202602,13463.503.75$8,003
Jan 202602,50659.138.00$20,043
Dec 202502,75356.664.41$12,150
Nov 202502,92758.593.93$11,493
Oct 202502,22159.383.30$7,340
Sep 202501,15062.743.08$3,538
Aug 202502,15563.933.01$6,497
Jul 202502,25466.743.32$7,472
Jun 202501,95666.483.13$6,120
May 202501,80960.553.23$5,847
Apr 202502,09162.363.54$7,409
Mar 202501,67667.704.27$7,154
Feb 202501,56970.884.34$6,811
Jan 202502,63374.324.28$11,266
Dec 202402,21768.993.12$6,920
Nov 202401,99069.052.20$4,375
Oct 202402,12171.372.28$4,839
Sep 202402,31269.612.36$5,466
Aug 202401,90575.632.06$3,931
Jul 202402,03179.932.15$4,360
Jun 202402,26978.082.63$5,977
May 202401,86878.812.20$4,107
Apr 202402,26084.451.66$3,750
Mar 202402,66980.301.55$4,124
Feb 202403,47076.091.78$6,189
Jan 202404,79373.023.30$15,806
Dec 202304,46471.262.61$11,654
Nov 202304,49177.892.81$12,609
Oct 202301,74985.443.09$5,400
Sep 2023047489.042.74$1,296
Aug 2023053680.522.67$1,433
Jul 2023070974.852.64$1,873
Jun 2023076168.962.26$1,719
May 2023088470.622.23$1,969
Apr 202301,91478.122.24$4,283
Mar 202302,35672.852.39$5,638
Feb 202302,20975.112.47$5,447
Jan 202303,97276.533.39$13,456
Dec 202203,58176.415.73$20,516
Nov 202203,49985.005.65$19,756
Oct 202204,72987.185.86$27,730
Sep 202202,33184.888.16$19,030
Aug 202202,44994.529.13$22,352
Jul 202202,588101.587.54$19,519
Jun 202203,009115.097.98$24,003
May 202201,901109.378.43$16,031
Apr 202202,195104.226.84$15,009
Mar 202201,412108.885.08$7,168
Feb 202201,36391.054.86$6,623
Jan 202201,22381.844.54$5,550
Dec 202101,84571.323.90$7,194
Nov 202101,13777.435.24$5,954
Oct 202101,11079.795.71$6,342
Sep 2021077669.865.35$4,152
Aug 202101,97166.024.22$8,319
Jul 202102,38670.783.98$9,501
Jun 202102,48969.493.38$8,414
May 202102,67863.483.02$8,081
Apr 202101,68460.362.76$4,645
Mar 202101,65761.302.72$4,502
Feb 202101,76857.805.55$9,809
Jan 202102,59450.412.81$7,290
Dec 202002,67944.642.68$7,168
Nov 202002,52038.772.71$6,821
Oct 202002,06836.972.48$5,125
Sep 202002,18737.091.99$4,354
Aug 202002,19339.982.39$5,231
Jul 202001,92338.371.83$3,510
Jun 202001,85434.901.69$3,134
May 202001,70116.921.81$3,087
Apr 2020081914.751.80$1,478
Mar 202001,66730.341.86$3,094
Feb 202001,02549.881.98$2,030
Jan 202001,54957.252.09$3,245
Dec 2019086659.012.30$1,996
Nov 201901,93555.302.75$5,323
Oct 201901,92653.472.42$4,658
Sep 2019073355.052.66$1,948
Aug 2019011353.112.30$260
Jul 20190056.272.46$0
Jun 2019012752.782.49$316
May 2019010258.482.74$280
Apr 2019019562.632.75$536
Mar 2019038156.803.06$1,167
Feb 2019036550.852.79$1,019
Jan 2019053046.033.23$1,711
Dec 2018076346.594.19$3,193
Nov 2018072352.934.24$3,064
Oct 2018084261.443.40$2,861
Sep 2018042759.543.11$1,327
Aug 2018033659.403.07$1,030
Jul 201801,42265.142.93$4,169
Jun 2018077760.183.08$2,391
May 201801,24565.382.90$3,612
Apr 201802,71463.842.90$7,873
Mar 201803,05261.222.79$8,505
Feb 201802,45861.782.77$6,799
Jan 201802,71462.874.01$10,881
Dec 201703,27257.272.92$9,559
Nov 201702,18255.423.12$6,804
Oct 201702,76849.292.98$8,259
Sep 201702,84647.523.09$8,786
Aug 201703,02145.373.00$9,076
Jul 201703,11443.873.09$9,614
Jun 201703,15242.493.09$9,731
May 201702,97145.373.26$9,696
Apr 201703,00747.933.21$9,657
Mar 201702,91846.772.98$8,706
Feb 201702,75650.452.95$8,137
Jan 201702,93249.413.42$10,024
Dec 201602,87648.763.72$10,707
Nov 201603,04442.492.64$8,049
Oct 201603,23846.193.09$10,006
Sep 201603,01541.553.10$9,348
Aug 201603,23941.442.92$9,472
Jul 201603,22141.622.92$9,419
Jun 201603,03245.352.69$8,143
May 201602,99442.521.99$5,961
Apr 201603,18636.561.99$6,343
Mar 201603,30233.011.79$5,924
Feb 201603,26626.472.06$6,740
Jan 201603,75727.352.36$8,883
Dec 201503,47032.362.00$6,945
Nov 201503,32338.792.17$7,202
Oct 201502,52143.552.43$6,117
Sep 201503,12242.992.76$8,612
Aug 201503,25840.162.87$9,359
Jul 201502,79748.152.95$8,237
Jun 201502,81856.152.88$8,124
May 201502,87355.212.96$8,491
Apr 201503,03849.822.71$8,223
Mar 201503,36442.892.93$9,872
Feb 201503,12344.662.98$9,295
Jan 201503,54043.433.10$10,976
Dec 201403,58954.693.59$12,889
Nov 201403,57570.464.25$15,200
Oct 201403,82778.303.90$14,929
Sep 201403,65886.164.05$14,798
Aug 201403,85589.394.04$15,555
Jul 201403,85696.564.18$16,117
Jun 201403,60298.164.74$17,062
May 201403,79694.734.73$17,942
Apr 201403,83495.944.81$18,438
Mar 201404,03295.895.06$20,389
Feb 201403,87897.406.19$24,013
Jan 201404,08790.404.86$19,866
Dec 201303,27591.824.35$14,261
Nov 201303,14888.853.74$11,768
Oct 201303,92597.423.78$14,834
Sep 201304,208104.113.72$15,644
Aug 201304,103104.253.52$14,453
Jul 201304,282102.523.72$15,919
Jun 201304,24294.403.93$16,686
May 201304,42594.834.15$18,360
Apr 201304,21393.964.28$18,043
Mar 201304,62093.623.91$18,077
Feb 201304,10991.233.42$14,052
Jan 201303,92291.603.42$13,413
Dec 201204,50186.773.42$15,394
Nov 201204,62086.953.62$16,747
Oct 201204,92089.383.40$16,726
Sep 201204,67994.672.92$13,655
Aug 201205,00992.662.91$14,567
Jul 201204,83685.133.02$14,609
Jun 201204,89979.822.52$12,341
May 201205,18891.612.49$12,909
Apr 201204,904101.652.00$9,792
Mar 201205,402105.052.22$12,004
Feb 201205,328101.102.57$13,694
Jan 201204,51698.092.73$12,347
Dec 201105,03196.873.24$16,299
Nov 201105,42195.723.31$17,950
Oct 201105,62284.983.65$20,512
Sep 201105,61483.623.99$22,376
Aug 201105,88783.404.15$24,427
Jul 201106,07994.144.52$27,460
Jun 201106,01392.904.64$27,900
May 201106,24898.134.40$27,521
Apr 201106,442105.964.33$27,915
Mar 201106,76296.364.06$27,436
Feb 201106,10285.644.18$25,506
Jan 201106,48686.504.59$29,763
Dec 201007,04885.734.35$30,643
Nov 201006,95680.843.80$26,400
Oct 201007,67678.103.51$26,934
Sep 201007,82872.633.98$31,151
Aug 201008,39173.684.42$37,083
Jul 201008,90072.554.74$42,155
Jun 201008,16670.364.91$40,098
May 201009,24671.124.24$39,159
Apr 201009,75181.694.12$40,200
Mar 2010010,87678.394.39$47,731
Feb 2010011,09573.585.44$60,383
Jan 2010010,70674.365.96$63,852
Dec 2009010,47771.445.48$57,453
Nov 200909,30774.593.75$34,915
Oct 2009010,14672.544.11$41,703
Sep 2009010,38565.543.06$31,827
Aug 2009011,48067.423.22$36,948
Jul 2009011,82661.133.46$40,971
Jun 2009012,15966.163.90$47,359
May 2009013,78354.743.93$54,109
Apr 2009913,23246.773.59$47,891
Mar 20091115,05142.144.06$61,556
Feb 2009210,84032.814.63$50,287
Jan 20091014,34635.865.37$77,411
Dec 2008020,59637.105.98$123,105
Nov 2008220,01855.496.86$137,442

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                1,984 Mcf  × $  3.05 =     $6,043

────────────────────────────────────────────────────
Month total                                   $6,043

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/244053 is the state's own key, not one this site invented.