MARTIN

Name: MARTIN lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by APACHE CORPORATION (P-5 27200) in the TEAGUE (CV-BOSSIER CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 84937District 05Field 88576304Hydrogen sulphide fieldNGPA filingCondensateGasSave Export

Value, all time

$1.6 M

Jan 1993 – Mar 2010

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

207

no gaps in the span

Streams

condensate, gas

The TEAGUE (CV-BOSSIER CONS.) field

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 1,075 leases and 1,075 wells, and the rule below applies to all of them.

Discovered

2006-06-06

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 2011-10-11.

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: “REGULATORY PURPOSES.IT IS ORDERED THAT THE FIELD REMAIN SUSPENDED.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	781 bbl	$24,168
Gas	Production	579,852 Mcf	$1,570,324
Total			$1,594,491

232,011 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.7404, -96.2194. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74044, -96.21938 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

12,500 ft

1 wells filed one

Completion to plug

4.2 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 12,500 ft.

Completions filed

Sep 2005

1 of 1 wells

Plug dates filed

Nov 2009

1 of 1 wells

Last completion to plug: a median of 4.2 years across the 1 well that filed both dates, with the middle half between 4.2 years and 4.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-16130495	1	12,500 ft	Sep 2005	Nov 2009	Yes

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 (207)

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

207 months


Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	2	0	74.36	5.96	$149
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	53	0	74.59	3.75	$3,953
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	460	54.74	3.93	$1,806
Apr 2009	0	576	46.77	3.59	$2,066
Mar 2009	0	592	42.14	4.06	$2,403
Feb 2009	0	499	32.81	4.63	$2,312
Jan 2009	0	565	35.86	5.37	$3,035
Dec 2008	0	545	37.10	5.98	$3,258
Nov 2008	0	592	55.49	6.86	$4,061
Oct 2008	0	434	75.24	6.92	$3,004
Sep 2008	0	331	101.76	7.88	$2,607
Aug 2008	0	343	114.22	8.48	$2,910
Jul 2008	0	490	131.08	11.39	$5,581
Jun 2008	0	425	131.33	13.03	$5,539
May 2008	0	522	123.17	11.57	$6,042
Apr 2008	0	509	110.31	10.45	$5,322
Mar 2008	0	592	101.90	9.66	$5,721
Feb 2008	0	393	92.53	8.77	$3,447
Jan 2008	0	415	90.38	8.21	$3,405
Dec 2007	0	440	88.33	7.30	$3,213
Nov 2007	0	598	91.67	7.29	$4,360
Oct 2007	0	691	82.85	6.92	$4,783
Sep 2007	0	594	75.84	6.24	$3,709
Aug 2007	0	670	69.06	6.39	$4,280
Jul 2007	0	668	70.90	6.39	$4,267
Jun 2007	0	631	62.00	7.55	$4,763
May 2007	0	801	58.74	7.85	$6,285
Apr 2007	0	1,112	59.61	7.81	$8,679
Mar 2007	0	1,062	56.92	7.30	$7,755
Feb 2007	0	793	55.10	8.22	$6,515
Jan 2007	0	815	50.30	6.73	$5,482
Dec 2006	0	1,144	56.65	6.92	$7,915
Nov 2006	0	1,238	54.20	7.62	$9,430
Oct 2006	0	1,741	54.90	6.01	$10,470
Sep 2006	0	1,731	60.08	5.04	$8,719
Aug 2006	0	1,898	68.71	7.34	$13,931
Jul 2006	0	1,722	69.37	6.34	$10,922
Jun 2006	0	1,496	66.28	6.38	$9,550
May 2006	0	1,975	66.01	6.42	$12,689
Apr 2006	0	2,050	64.39	7.36	$15,089
Mar 2006	0	2,194	56.70	7.08	$15,540
Feb 2006	0	2,206	57.59	7.75	$17,099
Jan 2006	0	2,793	60.59	8.93	$24,951
Dec 2005	0	3,731	54.94	13.42	$50,053
Nov 2005	0	2,738	54.69	10.59	$28,991
Oct 2005	157	3,361	58.34	13.80	$55,527
Sep 2005	0	1,676	61.45	12.08	$20,244
Aug 2005	0	2,297	61.51	9.80	$22,503
Jul 2005	0	2,430	55.69	7.84	$19,060
Jun 2005	0	2,414	52.33	7.38	$17,818
May 2005	0	2,520	45.22	6.65	$16,761
Apr 2005	0	2,554	49.20	7.36	$18,799
Mar 2005	0	2,550	50.37	7.15	$18,245
Feb 2005	0	2,462	45.22	6.31	$15,540
Jan 2005	0	2,617	43.16	6.32	$16,545
Dec 2004	0	2,467	39.86	6.75	$16,655
Nov 2004	0	2,442	45.28	6.33	$15,459
Oct 2004	0	2,531	49.70	6.52	$16,490
Sep 2004	0	2,441	43.24	5.28	$12,898
Aug 2004	0	2,481	42.37	5.55	$13,771
Jul 2004	0	2,551	38.28	6.08	$15,521
Jun 2004	0	2,490	36.10	6.43	$16,018
May 2004	0	2,714	37.48	6.49	$17,626
Apr 2004	0	2,303	34.47	5.86	$13,492
Mar 2004	0	2,603	34.36	5.53	$14,395
Feb 2004	0	2,631	32.45	5.51	$14,496
Jan 2004	0	2,783	32.03	6.30	$17,532
Dec 2003	0	2,338	30.26	6.30	$14,733
Nov 2003	0	2,497	28.80	4.60	$11,474
Oct 2003	0	2,043	28.17	4.76	$9,724
Sep 2003	0	334	26.31	4.75	$1,586
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	14	29.41	5.17	$72
Jun 2003	0	1,917	28.56	5.98	$11,469
May 2003	0	1,654	26.59	5.97	$9,879
Apr 2003	0	2,025	26.67	5.41	$10,950
Mar 2003	0	1,760	31.14	6.10	$10,729
Feb 2003	0	2,224	33.48	7.93	$17,627
Jan 2003	0	2,403	30.31	5.58	$13,414
Dec 2002	0	2,691	26.91	4.85	$13,061
Nov 2002	0	2,087	24.66	4.14	$8,634
Oct 2002	0	3,042	26.46	4.23	$12,865
Sep 2002	0	2,881	27.44	3.64	$10,473
Aug 2002	0	3,002	25.96	3.16	$9,499
Jul 2002	0	2,983	24.58	3.06	$9,133
Jun 2002	0	2,981	23.73	3.34	$9,951
May 2002	0	3,044	24.66	3.58	$10,910
Apr 2002	0	2,519	23.65	3.51	$8,848
Mar 2002	0	3,226	22.00	3.10	$10,009
Feb 2002	0	2,152	18.22	2.38	$5,112
Jan 2002	0	2,593	17.17	2.38	$6,160
Dec 2001	0	2,972	16.93	2.36	$7,027
Nov 2001	0	2,933	18.07	2.41	$7,055
Oct 2001	0	3,013	19.78	2.53	$7,620
Sep 2001	0	2,578	24.26	2.25	$5,804
Aug 2001	0	2,948	24.87	3.05	$9,001
Jul 2001	0	2,925	23.93	3.20	$9,351
Jun 2001	0	2,973	24.56	3.82	$11,369
May 2001	0	3,294	25.52	4.31	$14,188
Apr 2001	0	2,645	24.68	5.34	$14,112
Mar 2001	0	2,828	24.54	5.38	$15,205
Feb 2001	0	2,457	27.75	5.77	$14,170
Jan 2001	0	2,760	27.47	8.40	$23,181
Dec 2000	0	2,444	26.88	9.12	$22,295
Nov 2000	0	2,869	32.21	5.66	$16,233
Oct 2000	0	3,445	31.23	5.15	$17,726
Sep 2000	0	3,249	31.87	5.19	$16,851
Aug 2000	0	3,043	29.64	4.54	$13,818
Jul 2000	0	3,070	28.53	4.09	$12,556
Jun 2000	0	3,034	29.30	4.40	$13,341
May 2000	0	2,968	27.26	3.68	$10,922
Apr 2000	0	3,108	24.51	3.12	$9,685
Mar 2000	0	2,812	28.42	2.86	$8,042
Feb 2000	0	2,602	27.62	2.73	$7,094
Jan 2000	0	2,698	25.27	2.48	$6,692
Dec 1999	0	2,526	24.28	2.42	$6,122
Nov 1999	191	2,637	23.19	2.43	$10,848
Oct 1999	0	2,889	20.98	2.80	$8,100
Sep 1999	0	2,842	21.75	2.62	$7,443
Aug 1999	0	3,279	19.26	2.88	$9,429
Jul 1999	0	3,251	17.89	2.37	$7,713
Jun 1999	0	3,117	15.94	2.36	$7,363
May 1999	0	3,345	15.79	2.32	$7,764
Apr 1999	0	3,157	15.10	2.21	$6,971
Mar 1999	0	3,265	12.47	1.84	$6,002
Feb 1999	0	2,873	9.98	1.82	$5,223
Jan 1999	0	3,016	10.38	1.90	$5,730
Dec 1998	0	3,126	9.20	1.77	$5,543
Nov 1998	0	3,778	10.89	2.19	$8,258
Oct 1998	0	3,714	12.42	1.97	$7,314
Sep 1998	0	3,457	12.59	2.08	$7,200
Aug 1998	0	3,841	11.30	1.91	$7,326
Jul 1998	0	3,780	11.74	2.24	$8,457
Jun 1998	0	3,961	11.24	2.24	$8,862
May 1998	0	4,112	12.62	2.21	$9,072
Apr 1998	0	3,575	13.04	2.51	$8,957
Mar 1998	0	3,583	12.80	2.31	$8,275
Feb 1998	0	3,260	13.95	2.30	$7,495
Jan 1998	0	3,549	14.70	2.15	$7,647
Dec 1997	0	3,718	16.32	2.41	$8,964
Nov 1997	0	3,582	18.19	3.09	$11,062
Oct 1997	0	3,673	19.25	3.15	$11,569
Sep 1997	0	3,672	17.74	2.95	$10,850
Aug 1997	0	3,892	17.86	2.55	$9,943
Jul 1997	0	3,978	17.58	2.25	$8,938
Jun 1997	0	4,028	17.24	2.26	$9,092
May 1997	0	3,940	18.97	2.31	$9,095
Apr 1997	0	3,733	17.88	2.08	$7,775
Mar 1997	0	3,820	18.95	1.94	$7,408
Feb 1997	0	3,359	20.49	2.21	$7,410
Jan 1997	0	3,302	23.48	3.54	$11,688
Dec 1996	0	1,608	23.32	—	$0
Nov 1996	0	1,893	21.97	—	$0
Oct 1996	2	2,783	23.31	—	$47
Sep 1996	0	3,733	22.22	—	$0
Aug 1996	0	3,845	20.26	—	$0
Jul 1996	0	4,179	19.55	—	$0
Jun 1996	0	4,211	18.73	—	$0
May 1996	2	4,420	19.43	—	$39
Apr 1996	0	3,116	21.51	—	$0
Mar 1996	0	2,366	19.38	—	$0
Feb 1996	0	3,949	16.98	—	$0
Jan 1996	2	4,284	17.07	—	$34
Dec 1995	0	4,116	17.19	—	$0
Nov 1995	0	4,127	16.00	—	$0
Oct 1995	0	4,569	15.43	—	$0
Sep 1995	191	4,605	16.18	—	$3,090
Aug 1995	0	4,511	15.92	—	$0
Jul 1995	0	4,885	15.24	—	$0
Jun 1995	0	4,439	16.41	—	$0
May 1995	0	4,511	17.56	—	$0
Apr 1995	0	4,443	17.73	—	$0
Mar 1995	0	4,924	16.44	—	$0
Feb 1995	0	4,870	16.58	—	$0
Jan 1995	0	6,189	15.92	—	$0
Dec 1994	0	6,313	15.03	—	$0
Nov 1994	0	5,704	15.90	—	$0
Oct 1994	0	6,051	15.58	—	$0
Sep 1994	0	6,379	15.29	—	$0
Aug 1994	0	6,965	16.13	—	$0
Jul 1994	0	5,999	17.56	—	$0
Jun 1994	0	6,197	17.09	—	$0
May 1994	0	6,644	15.88	—	$0
Apr 1994	0	6,717	14.14	—	$0
Mar 1994	0	4,907	12.46	—	$0
Feb 1994	0	5,778	12.50	—	$0
Jan 1994	0	4,804	12.66	—	$0
Dec 1993	0	5,278	12.33	—	$0
Nov 1993	0	5,028	14.49	—	$0
Oct 1993	0	5,318	15.85	—	$0
Sep 1993	0	4,989	15.03	—	$0
Aug 1993	0	5,097	15.66	—	$0
Jul 1993	0	5,474	15.46	—	$0
Jun 1993	0	4,931	16.79	—	$0
May 1993	0	5,184	17.68	—	$0
Apr 1993	181	5,187	18.05	—	$3,267
Mar 1993	0	5,468	18.14	—	$0
Feb 1993	0	5,352	17.90	—	$0
Jan 1993	0	5,671	16.93	—	$0

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.

Jan 2010 — as filed, then multipliedworked

Condensate             2 bbl  × $ 74.36 =       $149
Gas                    0 Mcf  × $  5.96 =         $0

────────────────────────────────────────────────────
Month total                                     $149

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/84937 is the state's own key, not one this site invented.