MARTIN

Operated by FORTUNE RESOURCES LLC (P-5 278755) in the BETHANY (TRAVIS PEAK 6300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 180416District 06Field 07527806CondensateGasSaveExport
Value, all time
$460 k
Dec 2000 – May 2014
Value, last 12 filed months
$107 k
at the published price for each month
Months reported
162
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 38 leases and 40 wells, and the rule below applies to all of them.

Discovered
1955-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 2063-10-30.

The Commission's schedule remark for this field reads: TOL. FIELD RULES FOR GAS SPECIFY 320 ACRES W/ 10% TOL.

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
CondensateDisposition2,539 bbl$211,049
GasProduction45,639 Mcf$249,233
Total$460,283

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 32.4266, -94.2328. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42664, -94.23282 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,480 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
1100.0%
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.
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 6,480 ft.

Completions filed
Dec 2013
1 of 1 wells

1 well

42-2030173526,480 ftDec 2013Yes

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 (162)

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

162 months

May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 2014257090.404.86$23,233
Dec 201315817291.824.35$15,257
Nov 2013017588.853.74$654
Oct 201315913397.423.78$15,992
Sep 2013172134104.113.72$18,405
Aug 2013160146104.253.52$17,194
Jul 2013150128102.523.72$15,854
Jun 2013016094.403.93$629
May 201315914194.834.15$15,663
Apr 201315410593.964.28$14,920
Mar 201316116593.623.91$15,718
Feb 201315312891.233.42$14,396
Jan 201316421891.603.42$15,768
Dec 201216739286.773.42$15,831
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120192.662.91$3
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20120120101.102.57$308
Jan 2012027598.092.73$752
Dec 2011027296.873.24$881
Nov 2011022295.723.31$735
Oct 2011023584.983.65$857
Sep 2011022283.623.99$885
Aug 2011028683.404.15$1,187
Jul 2011028994.144.52$1,305
Jun 2011028292.904.64$1,308
May 2011029198.134.40$1,282
Apr 20110271105.964.33$1,174
Mar 2011026696.364.06$1,079
Feb 2011021885.644.18$911
Jan 2011023986.504.59$1,097
Dec 2010024585.734.35$1,065
Nov 2010023380.843.80$884
Oct 2010025178.103.51$881
Sep 2010025572.633.98$1,015
Aug 2010027273.684.42$1,202
Jul 2010027472.554.74$1,298
Jun 2010021370.364.91$1,046
May 2010030571.124.24$1,292
Apr 2010026381.694.12$1,084
Mar 2010023378.394.39$1,023
Feb 2010016673.585.44$903
Jan 2010021274.365.96$1,264
Dec 2009023871.445.48$1,305
Nov 2009024274.593.75$908
Oct 2009026372.544.11$1,081
Sep 2009027765.543.06$849
Aug 2009028667.423.22$920
Jul 2009027961.133.46$967
Jun 200913526666.163.90$9,968
May 2009026254.743.93$1,029
Apr 2009024646.773.59$883
Mar 2009026942.144.06$1,092
Feb 2009022532.814.63$1,042
Jan 2009028035.865.37$1,504
Dec 2008023737.105.98$1,417
Nov 2008029455.496.86$2,017
Oct 2008036975.246.92$2,554
Sep 20080420101.767.88$3,308
Aug 20080392114.228.48$3,325
Jul 20080210131.0811.39$2,392
Jun 20080102131.3313.03$1,329
May 20080268123.1711.57$3,102
Apr 20080280110.3110.45$2,927
Mar 20080279101.909.66$2,696
Feb 2008027192.538.77$2,377
Jan 2008080590.388.21$6,606
Dec 2007031488.337.30$2,293
Nov 2007036391.677.29$2,647
Oct 2007013782.856.92$948
Sep 20070075.846.24$0
Aug 200708469.066.39$537
Jul 2007035570.906.39$2,268
Jun 2007018162.007.55$1,366
May 200707558.747.85$588
Apr 2007011959.617.81$929
Mar 2007027456.927.30$2,001
Feb 2007027655.108.22$2,268
Jan 2007026750.306.73$1,796
Dec 2006030056.656.92$2,076
Nov 2006028154.207.62$2,141
Oct 2006031454.906.01$1,888
Sep 2006032360.085.04$1,627
Aug 2006029768.717.34$2,180
Jul 20060069.376.34$0
Jun 2006023166.286.38$1,475
May 2006022066.016.42$1,414
Apr 2006028064.397.36$2,061
Mar 2006028556.707.08$2,019
Feb 2006026657.597.75$2,062
Jan 2006027760.598.93$2,475
Dec 2005020454.9413.42$2,737
Nov 2005012854.6910.59$1,355
Oct 2005034658.3413.80$4,773
Sep 2005026761.4512.08$3,225
Aug 2005033861.519.80$3,311
Jul 2005038355.697.84$3,004
Jun 2005040552.337.38$2,989
May 2005031645.226.65$2,102
Apr 2005035049.207.36$2,576
Mar 2005036450.377.15$2,604
Feb 2005032045.226.31$2,020
Jan 2005038343.166.32$2,421
Dec 2004032339.866.75$2,181
Nov 2004032945.286.33$2,083
Oct 2004037149.706.52$2,417
Sep 2004035043.245.28$1,849
Aug 2004020242.375.55$1,121
Jul 2004024338.286.08$1,478
Jun 2004299236.106.43$1,639
May 200406737.486.49$435
Apr 2004035934.475.86$2,103
Mar 2004038134.365.53$2,107
Feb 2004029132.455.51$1,603
Jan 2004035232.036.30$2,217
Dec 2003034930.266.30$2,199
Nov 2003044128.804.60$2,026
Oct 2003033228.174.76$1,580
Sep 2003066826.314.75$3,173
Aug 2003043329.765.13$2,221
Jul 2003039729.415.17$2,053
Jun 200316955428.565.98$8,141
May 2003048926.595.97$2,921
Apr 2003052326.675.41$2,828
Mar 2003051331.146.10$3,127
Feb 2003043333.487.93$3,432
Jan 2003055030.315.58$3,070
Dec 2002044826.914.85$2,174
Nov 2002041324.664.14$1,709
Oct 2002052826.464.23$2,233
Sep 2002030327.443.64$1,101
Aug 200217155225.963.16$6,186
Jul 2002076524.583.06$2,342
Jun 2002040523.733.34$1,352
May 2002071024.663.58$2,545
Apr 2002057123.653.51$2,006
Mar 2002053422.003.10$1,657
Feb 200201,85218.222.38$4,400
Jan 2002064717.172.38$1,537
Dec 2001027516.932.36$650
Nov 2001025318.072.41$609
Oct 2001024319.782.53$615
Sep 2001022924.262.25$516
Aug 2001025424.873.05$776
Jul 2001029023.933.20$927
Jun 2001028724.563.82$1,098
May 2001030325.524.31$1,305
Apr 20012130424.685.34$2,140
Mar 2001035024.545.38$1,882
Feb 2001034527.755.77$1,990
Jan 2001038227.478.40$3,208
Dec 2000036326.889.12$3,311

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 2014 — as filed, then multipliedworked
Condensate           257 bbl  × $ 90.40 =    $23,233
Gas                    0 Mcf  × $  4.86 =         $0

────────────────────────────────────────────────────
Month total                                  $23,233

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. 06/G/180416 is the state's own key, not one this site invented.