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 263112District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesGasSaveExport
Value, all time
$4.4 M
Oct 2010 – May 2026
Value, last 12 filed months
$100 k
at the published price for each month
Months reported
188
no gaps in the span
Streams
1
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 Gas112012-05-29206142
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
GasProduction1,272,596 Mcf$4,446,420
Total$4,446,420

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 31.2005, -96.4516. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.20045, -96.45163 · 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
13,125 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 13,125 ft.

Completions filed
Oct 2010
1 of 1 wells

1 well

42-395317182013,125 ftOct 2010

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 (188)

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

188 months

May 20261,918106.413.05$5,842
Apr 20261,95798.932.87$5,616
Mar 20262,02489.753.15$6,374
Feb 20261,96563.503.75$7,369
Jan 20262,35759.138.00$18,851
Dec 20252,48056.664.41$10,945
Nov 20252,34058.593.93$9,188
Oct 20252,43659.383.30$8,051
Sep 20252,25562.743.08$6,938
Aug 20252,11863.933.01$6,385
Jul 20252,22066.743.32$7,360
Jun 20252,33666.483.13$7,309
May 20252,40760.553.23$7,780
Apr 20252,34662.363.54$8,312
Mar 20252,44267.704.27$10,423
Feb 20252,42270.884.34$10,514
Jan 20252,55874.324.28$10,945
Dec 20242,50668.993.12$7,822
Nov 20242,43769.052.20$5,358
Oct 20243,36271.372.28$7,670
Sep 20244,31069.612.36$10,190
Aug 20243,03675.632.06$6,265
Jul 20242,81079.932.15$6,032
Jun 20242,76078.082.63$7,270
May 20242,85778.812.20$6,281
Apr 20242,66084.451.66$4,413
Mar 20242,89980.301.55$4,479
Feb 20242,76876.091.78$4,937
Jan 20243,12273.023.30$10,295
Dec 20233,00171.262.61$7,835
Nov 20233,22477.892.81$9,052
Oct 20233,32885.443.09$10,274
Sep 20233,34189.042.74$9,138
Aug 20233,45680.522.67$9,237
Jul 20233,31274.852.64$8,750
Jun 20233,37868.962.26$7,629
May 20233,30170.622.23$7,353
Apr 20233,29378.122.24$7,369
Mar 20233,46472.852.39$8,290
Feb 20233,25575.112.47$8,026
Jan 20232,16076.533.39$7,317
Dec 20221,22376.415.73$7,007
Nov 202295085.005.65$5,364
Oct 20221,28387.185.86$7,523
Sep 20223,22184.888.16$26,295
Aug 20223,34494.529.13$30,521
Jul 20223,256101.587.54$24,557
Jun 20223,451115.097.98$27,529
May 20223,720109.378.43$31,371
Apr 20223,629104.226.84$24,814
Mar 20223,790108.885.08$19,240
Feb 20223,46091.054.86$16,812
Jan 20223,76281.844.54$17,071
Dec 20213,58871.323.90$13,990
Nov 20213,03377.435.24$15,883
Oct 20213,31379.795.71$18,930
Sep 20213,23369.865.35$17,300
Aug 20213,29966.024.22$13,924
Jul 20213,82970.783.98$15,247
Jun 20213,31269.493.38$11,197
May 20213,59963.483.02$10,861
Apr 20213,69860.362.76$10,201
Mar 20213,98761.302.72$10,832
Feb 20212,97057.805.55$16,477
Jan 20213,88850.412.81$10,926
Dec 20204,05044.642.68$10,836
Nov 20203,44638.772.71$9,327
Oct 20204,05236.972.48$10,043
Sep 20203,87237.091.99$7,709
Aug 20203,92539.982.39$9,362
Jul 20204,03038.371.83$7,355
Jun 20203,88234.901.69$6,562
May 20204,13316.921.81$7,500
Apr 20203,93414.751.80$7,098
Mar 20204,11430.341.86$7,637
Feb 20203,85949.881.98$7,643
Jan 20204,28757.252.09$8,980
Dec 20194,10559.012.30$9,459
Nov 20194,02355.302.75$11,066
Oct 20194,21253.472.42$10,187
Sep 20194,15255.052.66$11,033
Aug 20194,30553.112.30$9,920
Jul 20194,33356.272.46$10,659
Jun 20194,15952.782.49$10,361
May 20194,36858.482.74$11,970
Apr 20194,21762.632.75$11,600
Mar 20194,39756.803.06$13,464
Feb 20194,15550.852.79$11,602
Jan 20194,54746.033.23$14,679
Dec 20184,52446.594.19$18,935
Nov 20184,45352.934.24$18,868
Oct 20184,59461.443.40$15,611
Sep 20184,51259.543.11$14,023
Aug 20184,57259.403.07$14,020
Jul 20184,67265.142.93$13,698
Jun 20184,56060.183.08$14,031
May 20184,80365.382.90$13,933
Apr 20184,75663.842.90$13,796
Mar 20184,88061.222.79$13,600
Feb 20184,47761.782.77$12,384
Jan 20185,12462.874.01$20,544
Dec 20175,18657.272.92$15,151
Nov 20175,22655.423.12$16,297
Oct 20175,31349.292.98$15,852
Sep 20175,20147.523.09$16,057
Aug 20175,54745.373.00$16,665
Jul 20175,42443.873.09$16,745
Jun 20175,54042.493.09$17,104
May 20175,85745.373.26$19,114
Apr 20175,35247.933.21$17,188
Mar 20176,07246.772.98$18,117
Feb 20175,77050.452.95$17,037
Jan 20176,64949.413.42$22,732
Dec 20165,71848.763.72$21,287
Nov 20165,52542.492.64$14,610
Oct 20165,70946.193.09$17,642
Sep 20165,55541.553.10$17,224
Aug 20166,17141.442.92$18,046
Jul 20166,66141.622.92$19,479
Jun 20166,45945.352.69$17,348
May 20166,81342.521.99$13,565
Apr 20166,69436.561.99$13,328
Mar 20167,19333.011.79$12,904
Feb 20166,65626.472.06$13,736
Jan 20165,47427.352.36$12,943
Dec 20155,75632.362.00$11,520
Nov 20155,47638.792.17$11,868
Oct 20155,32743.552.43$12,926
Sep 20155,69442.992.76$15,706
Aug 20156,48540.162.87$18,628
Jul 20156,65448.152.95$19,597
Jun 20156,57356.152.88$18,949
May 20157,20055.212.96$21,279
Apr 20157,34949.822.71$19,891
Mar 20157,99042.892.93$23,448
Feb 20157,70544.662.98$22,932
Jan 20158,84643.433.10$27,428
Dec 20149,07654.693.59$32,595
Nov 201410,08970.464.25$42,897
Oct 20145,13678.303.90$20,035
Sep 20142,35886.164.05$9,539
Aug 20143,05189.394.04$12,311
Jul 20142,57596.564.18$10,762
Jun 20143,99498.164.74$18,919
May 20147,33894.734.73$34,684
Apr 20148,05395.944.81$38,728
Mar 20148,59295.895.06$43,448
Feb 20147,99297.406.19$49,486
Jan 20149,04090.404.86$43,941
Dec 20139,25691.824.35$40,305
Nov 20139,07088.853.74$33,906
Oct 20139,52797.423.78$36,006
Sep 20139,405104.113.72$34,965
Aug 20139,906104.253.52$34,895
Jul 201310,063102.523.72$37,412
Jun 20139,63594.403.93$37,898
May 201310,21094.834.15$42,362
Apr 201310,15693.964.28$43,494
Mar 201310,90493.623.91$42,666
Feb 20139,94791.233.42$34,018
Jan 201311,47291.603.42$39,233
Dec 201211,72486.773.42$40,098
Nov 201211,65686.953.62$42,253
Oct 201212,20589.383.40$41,493
Sep 201212,03994.672.92$35,135
Aug 201212,94192.662.91$37,635
Jul 201213,61585.133.02$41,128
Jun 201214,64179.822.52$36,881
May 201215,64891.612.49$38,937
Apr 201215,622101.652.00$31,194
Mar 201216,682105.052.22$37,069
Feb 201214,988101.102.57$38,523
Jan 201217,07098.092.73$46,671
Dec 201117,92696.873.24$58,076
Nov 201118,06595.723.31$59,818
Oct 201119,51984.983.65$71,216
Sep 201119,69683.623.99$78,504
Aug 201121,06183.404.15$87,389
Jul 201122,13794.144.52$99,998
Jun 201122,40092.904.64$103,933
May 201124,32798.134.40$107,156
Apr 201124,735105.964.33$107,184
Mar 201126,68096.364.06$108,250
Feb 201125,28785.644.18$105,699
Jan 201130,23086.504.59$138,719
Dec 201020,13385.734.35$87,533
Nov 201020,73780.843.80$78,704
Oct 201027,22478.103.51$95,526

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
Gas                1,918 Mcf  × $  3.05 =     $5,842

────────────────────────────────────────────────────
Month total                                   $5,842

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/263112 is the state's own key, not one this site invented.