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 224025District 06Field 34943750Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Nov 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
235
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 Gas442007-05-074 dockets
NGPA4none

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
CondensateDisposition4,591 bbl$341,996
GasProduction290,342 Mcf$1,746,873
Total$2,088,869

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 32.6439, -94.9706. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.64387, -94.97059 · 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
12,000 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 12,000 ft.

Completions filed
Nov 2006
1 of 1 wells

1 well

42-459313301012,000 ftNov 2006

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 (235)

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

235 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 20211060.362.76$60
Mar 20210061.302.72$0
Feb 20212057.805.55$116
Jan 20210050.412.81$0
Dec 202026144.642.68$1,163
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 202001137.091.99$22
Aug 2020342439.982.39$1,417
Jul 202002138.371.83$38
Jun 2020262134.901.69$943
May 202001216.921.81$22
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 2019161453.472.42$889
Sep 20190055.052.66$0
Aug 2019151053.112.30$820
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201901256.803.06$37
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20182046.594.19$93
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 201813065.382.90$850
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180661.782.77$17
Jan 2018241462.874.01$1,565
Dec 201701157.272.92$32
Nov 2017241355.423.12$1,371
Oct 20170049.292.98$0
Sep 20170147.523.09$3
Aug 2017253745.373.00$1,245
Jul 2017261443.873.09$1,184
Jun 20170042.493.09$0
May 201728645.373.26$1,290
Apr 201701747.933.21$55
Mar 201702146.772.98$63
Feb 20170050.452.95$0
Jan 2017274149.413.42$1,474
Dec 2016271248.763.72$1,361
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 201643041.442.92$253
Jul 20160041.622.92$0
Jun 20160045.352.69$0
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 20158049.822.71$399
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20151143.433.10$47
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20141826889.394.04$2,690
Jul 2014161,30596.564.18$6,999
Jun 2014241,42898.164.74$9,120
May 2014201,48594.734.73$8,914
Apr 201401,43395.944.81$6,891
Mar 2014331,42295.895.06$10,355
Feb 2014181,35397.406.19$10,131
Jan 2014351,50790.404.86$10,489
Dec 2013181,59291.824.35$8,585
Nov 2013351,56788.853.74$8,968
Oct 201301,76297.423.78$6,659
Sep 2013161,763104.113.72$8,220
Aug 2013301,642104.253.52$8,912
Jul 2013141,898102.523.72$8,492
Jun 2013151,17894.403.93$6,050
May 2013321,75694.834.15$10,320
Apr 2013351,67093.964.28$10,441
Mar 2013181,86293.623.91$8,971
Feb 2013321,62491.233.42$8,473
Jan 2013351,85991.603.42$9,564
Dec 2012191,70286.773.42$7,470
Nov 2012341,66786.953.62$8,999
Oct 2012171,74089.383.40$7,435
Sep 2012321,84994.672.92$8,426
Aug 2012161,74692.662.91$6,560
Jul 2012331,58585.133.02$7,597
Jun 2012161,85479.822.52$5,947
May 2012281,95891.612.49$7,437
Apr 2012131,947101.652.00$5,209
Mar 2012262,118105.052.22$7,438
Feb 2012311,806101.102.57$7,776
Jan 2012302,08398.092.73$8,638
Dec 2011281,97196.873.24$9,098
Nov 2011151,86295.723.31$7,601
Oct 20112821384.983.65$3,157
Sep 2011262,15383.623.99$10,756
Aug 2011282,12583.404.15$11,153
Jul 2011332,29794.144.52$13,483
Jun 2011212,26492.904.64$12,456
May 2011202,29198.134.40$12,054
Apr 2011321,706105.964.33$10,783
Mar 2011131,53796.364.06$7,489
Feb 2011252,04385.644.18$10,681
Jan 2011281,54186.504.59$9,493
Dec 2010261,55385.734.35$8,981
Nov 2010251,62580.843.80$8,188
Oct 2010261,88878.103.51$8,655
Sep 2010152,51872.633.98$11,110
Aug 201021,91573.684.42$8,610
Jul 2010102,06472.554.74$10,502
Jun 2010232,03270.364.91$11,596
May 2010392,20471.124.24$12,108
Apr 2010262,19981.694.12$11,190
Mar 2010422,52578.394.39$14,374
Feb 2010432,25773.585.44$15,447
Jan 2010442,29374.365.96$16,948
Dec 2009232,36071.445.48$14,585
Nov 2009401,76674.593.75$9,609
Oct 2009172,13672.544.11$10,013
Sep 2009332,76965.543.06$10,649
Aug 2009482,73467.423.22$12,036
Jul 2009343,36561.133.46$13,736
Jun 2009303,04266.163.90$13,833
May 2009172,87454.743.93$12,213
Apr 2009313,24446.773.59$13,088
Mar 2009323,44042.144.06$15,311
Feb 2009402,70632.814.63$13,849
Jan 2009282,88235.865.37$16,483
Dec 2008413,61537.105.98$23,128
Nov 2008194,04755.496.86$28,818
Oct 2008223,57875.246.92$26,422
Sep 2008243,023101.767.88$26,255
Aug 2008244,099114.228.48$37,513
Jul 2008314,131131.0811.39$51,113
Jun 2008483,855131.3313.03$56,545
May 2008684,410123.1711.57$59,418
Apr 2008582,422110.3110.45$31,720
Mar 2008844,461101.909.66$51,671
Feb 20081014,40492.538.77$47,971
Jan 20081025,06590.388.21$50,781
Dec 2007995,41688.337.30$48,292
Nov 20071195,57091.677.29$51,524
Oct 20071226,44882.856.92$54,741
Sep 20071105,01875.846.24$39,676
Aug 20071176,18069.066.39$47,557
Jul 20071196,51070.906.39$50,023
Jun 20071316,99962.007.55$60,954
May 20071148,00958.747.85$69,537
Apr 20071238,69659.617.81$75,206
Mar 20072129,89056.927.30$84,284
Feb 200714910,46655.108.22$94,199
Jan 200727314,63750.306.73$112,193
Dec 200616416,15256.656.92$121,037
Nov 20060054.207.62$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.

Apr 2021 — as filed, then multipliedworked
Condensate             1 bbl  × $ 60.36 =        $60
Gas                    0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                      $60

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/224025 is the state's own key, not one this site invented.