MARTIN -L-

Operated by BEEHIVE OPERATING, LLC (P-5 61750) in the GILMER(JURASSIC) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 204538District 06Field 34943750Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Sep 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
261
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 241 leases and 241 wells, and the rule below applies to all of them.

Discovered
not filed
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-12-14.

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: EFFECTIVE MAY.

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 Gas112005-11-02166067
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
CondensateDisposition7,889 bbl$476,738
GasProduction564,896 Mcf$3,652,803
Total$4,129,541

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 32.6410, -94.9771. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.64100, -94.97713 · 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
12,100 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 12,100 ft.

Completions filed
Sep 2004
1 of 1 wells

1 well

42-45931202512,100 ftSep 2004

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 (261)

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

261 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 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20211057.805.55$58
Jan 20210050.412.81$0
Dec 20206144.642.68$271
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200437.091.99$8
Aug 20202139.982.39$82
Jul 20200038.371.83$0
Jun 20205034.901.69$175
May 20200116.921.81$2
Apr 2020243114.751.80$410
Mar 2020171930.341.86$551
Feb 20200049.881.98$0
Jan 2020171857.252.09$1,011
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019191453.472.42$1,050
Sep 20190055.052.66$0
Aug 2019221053.112.30$1,191
Jul 20190356.272.46$7
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201902862.632.75$77
Mar 201903956.803.06$119
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 201827046.594.19$1,258
Nov 20180652.934.24$25
Oct 20180061.443.40$0
Sep 201803059.543.11$93
Aug 20180059.403.07$0
Jul 201806565.142.93$191
Jun 201809260.183.08$283
May 2018244365.382.90$1,694
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018022661.782.77$625
Jan 20182435462.874.01$2,928
Dec 2017036857.272.92$1,075
Nov 20172454855.423.12$3,039
Oct 20170049.292.98$0
Sep 2017040947.523.09$1,263
Aug 2017251,25645.373.00$4,908
Jul 20172645243.873.09$2,536
Jun 2017066042.493.09$2,038
May 2017281,08345.373.26$4,805
Apr 201701,27547.933.21$4,095
Mar 201701,27246.772.98$3,795
Feb 2017073250.452.95$2,161
Jan 20172785049.413.42$4,240
Dec 20162762848.763.72$3,654
Nov 20160042.492.64$0
Oct 2016033746.193.09$1,041
Sep 2016062941.553.10$1,950
Aug 2016331,63841.442.92$6,158
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016321,14442.521.99$3,638
Apr 2016054336.561.99$1,081
Mar 20162593033.011.79$2,494
Feb 20162573626.472.06$2,181
Jan 20162767127.352.36$2,325
Dec 20152352832.362.00$1,801
Nov 2015058638.792.17$1,270
Oct 20152742143.552.43$2,197
Sep 20152494042.992.76$3,625
Aug 2015251,04340.162.87$4,000
Jul 2015251,09548.152.95$4,429
Jun 201501,05656.152.88$3,044
May 2015251,25255.212.96$5,080
Apr 2015451,32449.822.71$5,825
Mar 2015151,35242.892.93$4,611
Feb 201501,22144.662.98$3,634
Jan 2015151,19543.433.10$4,357
Dec 2014161,38354.693.59$5,842
Nov 2014311,24370.464.25$7,469
Oct 2014161,39178.303.90$6,679
Sep 2014131,37686.164.05$6,687
Aug 2014281,41589.394.04$8,213
Jul 2014141,55096.564.18$7,830
Jun 2014251,55598.164.74$9,820
May 2014201,60094.734.73$9,457
Apr 201401,50395.944.81$7,228
Mar 2014321,43395.895.06$10,315
Feb 2014181,36797.406.19$10,218
Jan 2014351,33090.404.86$9,629
Dec 2013181,47791.824.35$8,084
Nov 2013351,65188.853.74$9,282
Oct 201301,89497.423.78$7,158
Sep 2013152,026104.113.72$9,094
Aug 2013282,046104.253.52$10,126
Jul 2013132,196102.523.72$9,497
Jun 2013152,12294.403.93$9,763
May 2013282,01394.834.15$11,007
Apr 2013291,85193.964.28$10,652
Mar 2013172,30993.623.91$10,626
Feb 2013302,12091.233.42$9,987
Jan 2013332,42591.603.42$11,316
Dec 2012172,44486.773.42$9,834
Nov 2012312,46986.953.62$11,645
Oct 2012162,03289.383.40$8,338
Sep 2012291,68094.672.92$7,648
Aug 2012151,29092.662.91$5,141
Jul 2012302,04885.133.02$8,741
Jun 2012152,01079.822.52$6,261
May 2012272,11091.612.49$7,724
Apr 2012122,208101.652.00$5,629
Mar 2012242,529105.052.22$8,141
Feb 2012262,667101.102.57$9,483
Jan 2012242,35898.092.73$8,801
Dec 2011231,88596.873.24$8,335
Nov 2011231,93295.723.31$8,599
Oct 2011241,91584.983.65$9,026
Sep 2011232,12883.623.99$10,405
Aug 2011252,81283.404.15$13,753
Jul 2011303194.144.52$2,964
Jun 2011192,96992.904.64$15,541
May 2011183,77298.134.40$18,381
Apr 2011272,340105.964.33$13,001
Mar 2011101,21296.364.06$5,881
Feb 2011201,34985.644.18$7,352
Jan 2011241,71486.504.59$9,941
Dec 2010242,23885.734.35$11,788
Nov 2010232,14680.843.80$10,004
Oct 2010232,47678.103.51$10,484
Sep 2010111,88072.633.98$8,280
Aug 2010252,77573.684.42$14,106
Jul 2010142,24672.554.74$11,654
Jun 2010212,30770.364.91$12,806
May 2010312,99671.124.24$14,893
Apr 2010191,85481.694.12$9,196
Mar 2010302,34078.394.39$12,621
Feb 2010312,21873.585.44$14,352
Jan 2010272,25074.365.96$15,427
Dec 2009322,52771.445.48$16,144
Nov 2009342,33474.593.75$11,292
Oct 2009132,43972.544.11$10,968
Sep 2009252,60165.543.06$9,610
Aug 2009303,39367.423.22$12,943
Jul 2009353,10061.133.46$12,880
Jun 2009132,89966.163.90$12,152
May 2009212,89454.743.93$12,511
Apr 2009333,09246.773.59$12,636
Mar 2009483,02942.144.06$14,317
Feb 200991,44932.814.63$7,009
Jan 2009282,99135.865.37$17,069
Dec 2008303,81137.105.98$23,892
Nov 2008333,63155.496.86$26,741
Oct 2008243,49975.246.92$26,026
Sep 2008202,948101.767.88$25,257
Aug 2008273,928114.228.48$36,405
Jul 2008323,678131.0811.39$46,085
Jun 2008313,886131.3313.03$54,716
May 2008534,594123.1711.57$59,700
Apr 2008513,441110.3110.45$41,601
Mar 2008474,145101.909.66$44,847
Feb 2008584,12192.538.77$41,510
Jan 2008564,97990.388.21$45,918
Dec 2007425,56388.337.30$44,331
Nov 2007396,54091.677.29$51,263
Oct 2007327,81682.856.92$56,753
Sep 2007167375.846.24$4,278
Aug 20070069.066.39$0
Jul 20070270.906.39$13
Jun 2007212162.007.55$1,037
May 2007332358.747.85$2,711
Apr 2007736359.617.81$3,251
Mar 2007351,50156.927.30$12,952
Feb 2007282,37555.108.22$21,056
Jan 2007615,65250.306.73$41,088
Dec 2006687,32456.656.92$54,523
Nov 2006643,63554.207.62$31,158
Oct 2006515,98954.906.01$38,817
Sep 2006867,05460.085.04$40,699
Aug 2006728,16768.717.34$64,892
Jul 2006748,09869.376.34$56,497
Jun 2006927,61966.286.38$54,737
May 2006788,49066.016.42$59,697
Apr 20061187,62264.397.36$63,700
Mar 20062449,00556.707.08$77,616
Feb 20061188,60657.597.75$73,502
Jan 200616810,04760.598.93$99,932
Dec 20059910,20554.9413.42$142,343
Nov 200512910,34854.6910.59$116,624
Oct 200516211,43958.3413.80$167,261
Sep 2005939,44061.4512.08$119,741
Aug 2005789,41061.519.80$96,986
Jul 20051089,09955.697.84$77,384
Jun 20051709,11152.337.38$76,145
May 200516810,39545.226.65$76,736
Apr 200518412,05149.207.36$97,754
Mar 200520412,64050.377.15$100,713
Feb 200530412,88545.226.31$95,076
Jan 200524214,75243.166.32$103,710
Dec 200433516,45139.866.75$124,415
Nov 200450318,49745.286.33$139,870
Oct 200437924,04849.706.52$175,511
Sep 200443424,06643.245.28$145,929

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.

Feb 2021 — as filed, then multipliedworked
Condensate             1 bbl  × $ 57.80 =        $58
Gas                    0 Mcf  × $  5.55 =         $0

────────────────────────────────────────────────────
Month total                                      $58

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/204538 is the state's own key, not one this site invented.