MARTIN GU 1

Operated by WALLACE OPERATING COMPANY LLC (P-5 102713) in the DOUGLASS, W. (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 194364District 06Field 258644712 tax incentive programmesCondensateGasSaveExport
Value, all time
$948 k
Mar 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
279
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 423 leases and 423 wells, and the rule below applies to all of them.

Discovered
1973-06-01
as the register files it
Field class
Gas
the register's own label
Between wells
467 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2008-11-12.

The Commission's schedule remark for this field reads: AND NACOGDOCHES, E. (JAMES LIME).

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 Gas112003-06-25151956
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
CondensateDisposition472 bbl$28,885
GasProduction161,168 Mcf$919,130
Total$948,015

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 31.6561, -94.7213. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.65606, -94.72131 · 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
10,550 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 10,550 ft.

Completions filed
Mar 2003
1 of 1 wells

1 well

42-34731748110,550 ftMar 2003

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 (279)

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

279 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202405279.932.15$112
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024015980.301.55$246
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202303171.262.61$81
Nov 2023011377.892.81$317
Oct 202304385.443.09$133
Sep 2023015489.042.74$421
Aug 202304880.522.67$128
Jul 20230074.852.64$0
Jun 202304168.962.26$93
May 2023013370.622.23$296
Apr 202303778.122.24$83
Mar 2023017172.852.39$409
Feb 2023013075.112.47$321
Jan 202308576.533.39$288
Dec 20220076.415.73$0
Nov 2022029285.005.65$1,649
Oct 2022020187.185.86$1,179
Sep 2022016184.888.16$1,314
Aug 2022018294.529.13$1,661
Jul 20220364101.587.54$2,745
Jun 20220230115.097.98$1,835
May 20220457109.378.43$3,854
Apr 2022092104.226.84$629
Mar 20220297108.885.08$1,508
Feb 2022019191.054.86$928
Jan 2022034781.844.54$1,575
Dec 2021027671.323.90$1,076
Nov 2021026677.435.24$1,393
Oct 2021023979.795.71$1,366
Sep 2021033369.865.35$1,782
Aug 202109866.024.22$414
Jul 2021020270.783.98$804
Jun 2021031969.493.38$1,078
May 2021028863.483.02$869
Apr 2021021260.362.76$585
Mar 2021045961.302.72$1,247
Feb 2021015957.805.55$882
Jan 2021025550.412.81$717
Dec 2020023444.642.68$626
Nov 2020056938.772.71$1,540
Oct 2020073036.972.48$1,809
Sep 2020025837.091.99$514
Aug 2020025639.982.39$611
Jul 2020032138.371.83$586
Jun 2020022934.901.69$387
May 2020021116.921.81$383
Apr 2020111514.751.80$222
Mar 2020028130.341.86$522
Feb 2020026149.881.98$517
Jan 2020031657.252.09$662
Dec 2019050159.012.30$1,154
Nov 2019041555.302.75$1,142
Oct 2019056553.472.42$1,366
Sep 2019022555.052.66$598
Aug 2019033353.112.30$767
Jul 2019050856.272.46$1,250
Jun 2019029452.782.49$732
May 2019020758.482.74$567
Apr 2019035462.632.75$974
Mar 2019043456.803.06$1,329
Feb 2019030750.852.79$857
Jan 2019031246.033.23$1,007
Dec 2018034146.594.19$1,427
Nov 2018043652.934.24$1,847
Oct 2018043161.443.40$1,465
Sep 2018045759.543.11$1,420
Aug 2018044259.403.07$1,355
Jul 2018045865.142.93$1,343
Jun 2018036060.183.08$1,108
May 2018042765.382.90$1,239
Apr 2018044763.842.90$1,297
Mar 2018062261.222.79$1,733
Feb 2018041261.782.77$1,140
Jan 2018045362.874.01$1,816
Dec 2017039757.272.92$1,160
Nov 20173841055.423.12$3,384
Oct 201721,00349.292.98$3,091
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017049443.873.09$1,525
Jun 2017041342.493.09$1,275
May 2017065445.373.26$2,134
Apr 201702,73747.933.21$8,790
Mar 20170046.772.98$0
Feb 2017023350.452.95$688
Jan 201706249.413.42$212
Dec 201602648.763.72$97
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 2016036545.352.69$980
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 2012290101.652.00$2,948
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 201109296.873.24$298
Nov 2011043395.723.31$1,434
Oct 2011037784.983.65$1,376
Sep 2011046683.623.99$1,857
Aug 2011037883.404.15$1,568
Jul 2011039894.144.52$1,798
Jun 2011038492.904.64$1,782
May 2011059598.134.40$2,621
Apr 20110303105.964.33$1,313
Mar 2011066896.364.06$2,710
Feb 201101,60885.644.18$6,721
Jan 2011080486.504.59$3,689
Dec 2010053785.734.35$2,335
Nov 2010051980.843.80$1,970
Oct 20104253578.103.51$5,157
Sep 2010047572.633.98$1,890
Aug 2010043073.684.42$1,900
Jul 2010034472.554.74$1,629
Jun 2010053870.364.91$2,642
May 2010079971.124.24$3,384
Apr 2010078781.694.12$3,245
Mar 2010090178.394.39$3,954
Feb 2010084573.585.44$4,599
Jan 2010068174.365.96$4,062
Dec 2009065871.445.48$3,608
Nov 2009076974.593.75$2,885
Oct 2009083372.544.11$3,424
Sep 2009066965.543.06$2,050
Aug 2009070967.423.22$2,282
Jul 2009068461.133.46$2,370
Jun 2009056566.163.90$2,201
May 2009047254.743.93$1,853
Apr 2009057546.773.59$2,063
Mar 2009043142.144.06$1,749
Feb 2009053432.814.63$2,474
Jan 2009058335.865.37$3,131
Dec 2008054037.105.98$3,228
Nov 2008054755.496.86$3,753
Oct 20083257275.246.92$6,367
Sep 20080442101.767.88$3,482
Aug 20080453114.228.48$3,843
Jul 20082537131.0811.39$6,378
Jun 20080615131.3313.03$8,015
May 20080517123.1711.57$5,984
Apr 20081405110.3110.45$4,345
Mar 20081664101.909.66$6,519
Feb 2008057892.538.77$5,069
Jan 2008061490.388.21$5,038
Dec 2007065988.337.30$4,812
Nov 2007167791.677.29$5,028
Oct 2007163882.856.92$4,499
Sep 2007058375.846.24$3,640
Aug 2007163269.066.39$4,106
Jul 2007161170.906.39$3,974
Jun 2007059062.007.55$4,454
May 2007861858.747.85$5,319
Apr 2007059859.617.81$4,668
Mar 2007065356.927.30$4,768
Feb 2007041055.108.22$3,369
Jan 2007047150.306.73$3,168
Dec 20061255456.656.92$4,513
Nov 2006059454.207.62$4,525
Oct 2006067054.906.01$4,029
Sep 2006071760.085.04$3,612
Aug 20062169468.717.34$6,537
Jul 2006080269.376.34$5,087
Jun 2006075066.286.38$4,788
May 2006145266.016.42$2,970
Apr 200612,01664.397.36$14,903
Mar 200601,87056.707.08$13,245
Feb 20065937657.597.75$6,312
Jan 2006173460.598.93$6,618
Dec 200511,38754.9413.42$18,662
Nov 2005093954.6910.59$9,943
Oct 2005078058.3413.80$10,761
Sep 2005088161.4512.08$10,642
Aug 2005681,46561.519.80$18,535
Jul 200502,32055.697.84$18,197
Jun 200502,07652.337.38$15,323
May 2005791,28045.226.65$12,086
Apr 2005086149.207.36$6,337
Mar 20052579850.377.15$6,969
Feb 20052599445.226.31$7,405
Jan 2005097843.166.32$6,183
Dec 200401,15239.866.75$7,777
Nov 2004191,38945.286.33$9,653
Oct 200401,55149.706.52$10,105
Sep 200401,70543.245.28$9,009
Aug 200401,69442.375.55$9,403
Jul 200401,30738.286.08$7,952
Jun 200401,97536.106.43$12,705
May 200402,39637.486.49$15,561
Apr 200402,42134.475.86$14,183
Mar 200402,33134.365.53$12,891
Feb 200402,31532.455.51$12,755
Jan 200402,70132.036.30$17,015
Dec 200302,42930.266.30$15,307
Nov 200303,22228.804.60$14,806
Oct 200303,82328.174.76$18,196
Sep 2003082226.314.75$3,904
Aug 2003074929.765.13$3,842
Jul 200303,38429.415.17$17,498
Jun 200303,51928.565.98$21,054
May 200303,95626.595.97$23,628
Apr 2003013,16326.675.41$71,176
Mar 2003015,74031.146.10$95,952

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.

Jul 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 79.93 =         $0
Gas                   52 Mcf  × $  2.15 =       $112

────────────────────────────────────────────────────
Month total                                     $112

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/194364 is the state's own key, not one this site invented.