MARTIN "L"

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

Gas lease lease 232965District 06Field 34943300CondensateGasSaveExport
Value, all time
$1.9 M
May 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
229
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 80 leases and 80 wells, and the rule below applies to all of them.

Discovered
1979-01-31
as the register files it
Field class
Oil and 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 40 acres. The field rule took effect on 2019-01-23.

The Commission's schedule remark for this field reads: P-16 & LEASE PLAT OR PRORAITON PLAT IF THEY CHOOSE.

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
CondensateDisposition2,960 bbl$250,850
GasProduction310,503 Mcf$1,635,883
Total$1,886,733

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 32.6441, -94.9651. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.64410, -94.96512 · 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
May 2007
1 of 1 wells

1 well

42-45931148212,100 ftMay 2007

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 (229)

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

229 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 202404580.301.55$70
Feb 202409176.091.78$162
Jan 2024041873.023.30$1,378
Dec 2023067471.262.61$1,760
Nov 2023061177.892.81$1,715
Oct 202301,26785.443.09$3,912
Sep 2023067589.042.74$1,846
Aug 202301,07280.522.67$2,865
Jul 2023090474.852.64$2,388
Jun 2023056068.962.26$1,265
May 2023045870.622.23$1,020
Apr 2023080778.122.24$1,806
Mar 2023067172.852.39$1,606
Feb 2023039375.112.47$969
Jan 202301,29776.533.39$4,394
Dec 202201176.415.73$63
Nov 2022042085.005.65$2,371
Oct 2022044487.185.86$2,604
Sep 2022045484.888.16$3,706
Aug 2022066694.529.13$6,079
Jul 20220660101.587.54$4,978
Jun 20220587115.097.98$4,683
May 20220552109.378.43$4,655
Apr 20220630104.226.84$4,308
Mar 20220344108.885.08$1,746
Feb 2022087491.054.86$4,247
Jan 202201,14981.844.54$5,214
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021035079.795.71$2,000
Sep 2021050069.865.35$2,675
Aug 2021075366.024.22$3,178
Jul 2021050770.783.98$2,019
Jun 2021047569.493.38$1,606
May 202101,29363.483.02$3,902
Apr 20210060.362.76$0
Mar 202101,27561.302.72$3,464
Feb 20210057.805.55$0
Jan 2021025950.412.81$728
Dec 2020094944.642.68$2,539
Nov 20200038.772.71$0
Oct 2020015536.972.48$384
Sep 2020020837.091.99$414
Aug 2020040339.982.39$961
Jul 2020049138.371.83$896
Jun 2020052834.901.69$892
May 2020012316.921.81$223
Apr 2020019214.751.80$346
Mar 2020034130.341.86$633
Feb 202007149.881.98$141
Jan 2020012757.252.09$266
Dec 2019029859.012.30$687
Nov 2019022055.302.75$605
Oct 2019033353.472.42$805
Sep 2019013655.052.66$361
Aug 2019036653.112.30$843
Jul 2019077556.272.46$1,907
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019020162.632.75$553
Mar 2019098956.803.06$3,028
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 2018041246.594.19$1,724
Nov 20180052.934.24$0
Oct 2018053961.443.40$1,832
Sep 2018042059.543.11$1,305
Aug 20180059.403.07$0
Jul 201806065.142.93$176
Jun 2018016960.183.08$520
May 201806865.382.90$197
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018031461.782.77$869
Jan 2018033962.874.01$1,359
Dec 2017089657.272.92$2,618
Nov 2017074555.423.12$2,323
Oct 20170049.292.98$0
Sep 2017010147.523.09$312
Aug 2017063245.373.00$1,899
Jul 2017062343.873.09$1,923
Jun 2017062842.493.09$1,939
May 2017060345.373.26$1,968
Apr 2017050847.933.21$1,631
Mar 2017055846.772.98$1,665
Feb 2017036150.452.95$1,066
Jan 2017062349.413.42$2,130
Dec 2016089048.763.72$3,313
Nov 201603442.492.64$90
Oct 2016055446.193.09$1,712
Sep 2016091041.553.10$2,822
Aug 201603,01241.442.92$8,808
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 201601342.521.99$26
Apr 201601,26036.561.99$2,509
Mar 201603633.011.79$65
Feb 201601,39026.472.06$2,868
Jan 201601927.352.36$45
Dec 201501,46232.362.00$2,926
Nov 20150038.792.17$0
Oct 2015085543.552.43$2,075
Sep 201501,04342.992.76$2,877
Aug 201501,15240.162.87$3,309
Jul 201501,13248.152.95$3,334
Jun 201501,47256.152.88$4,244
May 201501,45555.212.96$4,300
Apr 2015191,54549.822.71$5,128
Mar 2015151,47442.892.93$4,969
Feb 201501,58444.662.98$4,714
Jan 2015151,60643.433.10$5,631
Dec 2014152,02354.693.59$8,086
Nov 2014312,03170.464.25$10,820
Oct 2014162,42478.303.90$10,709
Sep 2014132,35186.164.05$10,631
Aug 2014292,56389.394.04$12,934
Jul 2014142,48896.564.18$11,751
Jun 2014252,89198.164.74$16,148
May 2014203,03394.734.73$16,230
Apr 201402,94695.944.81$14,168
Mar 2014332,29695.895.06$14,775
Feb 2014182,80997.406.19$19,147
Jan 2014341,22790.404.86$9,038
Dec 2013141,94191.824.35$9,738
Nov 2013352,94388.853.74$14,112
Oct 201303,43297.423.78$12,971
Sep 2013153,393104.113.72$14,176
Aug 2013283,303104.253.52$14,554
Jul 2013133,172102.523.72$13,125
Jun 2013152,79694.403.93$12,414
May 2013292,48894.834.15$13,073
Apr 2013322,72193.964.28$14,660
Mar 2013171,97293.623.91$9,308
Feb 2013301,88391.233.42$9,177
Jan 2013332,34491.603.42$11,039
Dec 2012172,20386.773.42$9,010
Nov 2012312,78586.953.62$12,791
Oct 2012142,49789.383.40$9,740
Sep 2012252,07294.672.92$8,414
Aug 201271,07192.662.91$3,763
Jul 2012221,16785.133.02$5,398
Jun 20121094579.822.52$3,179
May 2012271,01891.612.49$5,007
Apr 2012131,011101.652.00$3,340
Mar 2012241,016105.052.22$4,779
Feb 201229974101.102.57$5,435
Jan 2012271,05298.092.73$5,525
Dec 2011261,05996.873.24$5,950
Nov 2011131,07695.723.31$4,807
Oct 201101,18384.983.65$4,316
Sep 2011231,19983.623.99$6,702
Aug 201191,29283.404.15$6,112
Jul 2011321,31794.144.52$8,962
Jun 2011361,28092.904.64$9,283
May 2011491,30898.134.40$10,570
Apr 2011781,123105.964.33$13,131
Mar 2011121,27896.364.06$6,342
Feb 2011271,28485.644.18$7,679
Jan 2011251,39686.504.59$8,568
Dec 2010251,95285.734.35$10,630
Nov 2010243,16680.843.80$13,956
Oct 2010243,65178.103.51$14,685
Sep 2010143,94672.633.98$16,720
Aug 2010343,89773.684.42$19,727
Jul 2010163,49572.554.74$17,715
Jun 2010293,92970.364.91$21,333
May 2010544871.124.24$4,044
Apr 2010435,07981.694.12$24,452
Mar 2010504,15178.394.39$22,137
Feb 2010451,77973.585.44$12,993
Jan 2010504,29374.365.96$29,322
Dec 200931,31371.445.48$7,414
Nov 2009211,23774.593.75$6,207
Oct 200941,33472.544.11$5,773
Sep 2009111,43965.543.06$5,131
Aug 2009261,58667.423.22$6,857
Jul 2009201,47961.133.46$6,347
Jun 2009151,74166.163.90$7,774
May 2009201,73254.743.93$7,894
Apr 2009271,85646.773.59$7,921
Mar 2009553,12542.144.06$15,002
Feb 2009231,98532.814.63$9,951
Jan 2009261,98935.865.37$11,615
Dec 2008482,82237.105.98$18,648
Nov 2008322,33055.496.86$17,760
Oct 2008283,12475.246.92$23,731
Sep 2008332,646101.767.88$24,201
Aug 2008414,227114.228.48$40,541
Jul 2008484,537131.0811.39$57,966
Jun 2008656,114131.3313.03$88,218
May 2008645,931123.1711.57$76,530
Apr 2008916,201110.3110.45$74,869
Mar 20089411,945101.909.66$125,016
Feb 20081651092.538.77$5,953
Jan 200821090.388.21$1,898
Dec 2007533,89288.337.30$33,101
Nov 2007796,17791.677.29$52,283
Oct 2007845,96082.856.92$48,214
Sep 2007796,94975.846.24$49,382
Aug 2007875,89069.066.39$43,633
Jul 20079510,17770.906.39$71,746
Jun 2007542,68562.007.55$23,616
May 2007553,55958.747.85$31,156

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.

Mar 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 80.30 =         $0
Gas                   45 Mcf  × $  1.55 =        $70

────────────────────────────────────────────────────
Month total                                      $70

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/232965 is the state's own key, not one this site invented.