MARTIN GU1

Operated by SABINE ENERGY INC. (P-5 103925) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 247665District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Apr 2009 – May 2026
Value, last 12 filed months
$50 k
at the published price for each month
Months reported
206
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
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
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112009-07-10192431
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
CondensateDisposition250 bbl$15,307
GasProduction483,224 Mcf$1,774,663
Total$1,789,969

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 32.4391, -94.6723. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.43910, -94.67225 · 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
12,400 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 12,400 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-20334462212,400 ftApr 2009

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 (206)

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

206 months

May 20260822106.413.05$2,504
Apr 202601,18098.932.87$3,386
Mar 202601,41189.753.15$4,444
Feb 2026037363.503.75$1,399
Jan 2026070659.138.00$5,647
Dec 202501,15556.664.41$5,097
Nov 202501,32658.593.93$5,206
Oct 202501,88759.383.30$6,236
Sep 202502,21062.743.08$6,800
Aug 202502,98563.933.01$8,999
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 202405076.091.78$89
Jan 202401,11273.023.30$3,667
Dec 2023091271.262.61$2,381
Nov 202301,39277.892.81$3,908
Oct 2023046685.443.09$1,439
Sep 2023022189.042.74$604
Aug 2023068480.522.67$1,828
Jul 2023083774.852.64$2,211
Jun 2023058468.962.26$1,319
May 2023064670.622.23$1,439
Apr 2023059978.122.24$1,340
Mar 2023060872.852.39$1,455
Feb 2023055175.112.47$1,359
Jan 2023075376.533.39$2,551
Dec 2022081276.415.73$4,652
Nov 2022073585.005.65$4,150
Oct 2022082887.185.86$4,855
Sep 2022082484.888.16$6,727
Aug 202201,08094.529.13$9,857
Jul 202201,319101.587.54$9,948
Jun 202201,190115.097.98$9,493
May 202201,003109.378.43$8,458
Apr 202221,003104.226.84$7,067
Mar 202201,048108.885.08$5,320
Feb 202201,16191.054.86$5,641
Jan 202201,34781.844.54$6,112
Dec 202101,56971.323.90$6,118
Nov 2021097177.435.24$5,085
Oct 2021092579.795.71$5,285
Sep 202101,04569.865.35$5,592
Aug 202101,58066.024.22$6,669
Jul 202101,11670.783.98$4,444
Jun 2021188069.493.38$3,044
May 2021392963.483.02$2,994
Apr 2021098560.362.76$2,717
Mar 202101,09161.302.72$2,964
Feb 202101,13457.805.55$6,291
Jan 202101,07150.412.81$3,010
Dec 202001,06644.642.68$2,852
Nov 2020099838.772.71$2,701
Oct 202001,05436.972.48$2,612
Sep 202001,11437.091.99$2,218
Aug 202001,24639.982.39$2,972
Jul 202001,28738.371.83$2,349
Jun 202001,46134.901.69$2,470
May 202001,20616.921.81$2,189
Apr 202001,14214.751.80$2,061
Mar 202001,42330.341.86$2,641
Feb 202001,20249.881.98$2,381
Jan 202001,53057.252.09$3,205
Dec 201901,58759.012.30$3,657
Nov 201901,54455.302.75$4,247
Oct 201901,60453.472.42$3,879
Sep 201901,66255.052.66$4,416
Aug 201901,72053.112.30$3,964
Jul 201941,81456.272.46$4,688
Jun 201901,84552.782.49$4,596
May 201901,87158.482.74$5,127
Apr 201901,74862.632.75$4,808
Mar 201901,96656.803.06$6,020
Feb 201901,20250.852.79$3,356
Jan 2019278446.033.23$2,623
Dec 2018266446.594.19$2,872
Nov 201811,22552.934.24$5,244
Oct 201811,41361.443.40$4,863
Sep 201831,06559.543.11$3,489
Aug 201851,68759.403.07$5,470
Jul 2018101,36665.142.93$4,656
Jun 201801,33960.183.08$4,120
May 2018301,55465.382.90$6,469
Apr 201801,01063.842.90$2,930
Mar 201801,96861.222.79$5,485
Feb 201802,23261.782.77$6,174
Jan 201801,67862.874.01$6,728
Dec 201701,51157.272.92$4,414
Nov 201702,06755.423.12$6,446
Oct 201701,16049.292.98$3,461
Sep 201701,40347.523.09$4,331
Aug 201701,69945.373.00$5,104
Jul 201702,39543.873.09$7,394
Jun 201701,39842.493.09$4,316
May 201701,27545.373.26$4,161
Apr 201701,39547.933.21$4,480
Mar 201701,45846.772.98$4,350
Feb 201701,06450.452.95$3,142
Jan 201701,67249.413.42$5,716
Dec 201601,38548.763.72$5,156
Nov 201601,43542.492.64$3,795
Oct 201601,78046.193.09$5,501
Sep 201601,52141.553.10$4,716
Aug 201601,58341.442.92$4,629
Jul 201601,69241.622.92$4,948
Jun 201601,74945.352.69$4,698
May 201601,64842.521.99$3,281
Apr 201601,45936.561.99$2,905
Mar 201601,36033.011.79$2,440
Feb 201601,95426.472.06$4,032
Jan 201621,45827.352.36$3,502
Dec 201511,62332.362.00$3,281
Nov 201511,67138.792.17$3,660
Oct 201511,63943.552.43$4,021
Sep 201512,11742.992.76$5,883
Aug 201511,86540.162.87$5,397
Jul 201501,73048.152.95$5,095
Jun 201501,92156.152.88$5,538
May 201511,68155.212.96$5,023
Apr 201501,65549.822.71$4,479
Mar 201501,89642.892.93$5,564
Feb 201501,51644.662.98$4,512
Jan 201501,89643.433.10$5,879
Dec 201402,02654.693.59$7,276
Nov 201411,82670.464.25$7,834
Oct 201401,80178.303.90$7,026
Sep 201402,15886.164.05$8,730
Aug 201401,46389.394.04$5,903
Jul 201411,67696.564.18$7,102
Jun 201412,23998.164.74$10,704
May 201412,28694.734.73$10,900
Apr 201402,10895.944.81$10,138
Mar 201412,58595.895.06$13,168
Feb 201412,37497.406.19$14,797
Jan 201403,08290.404.86$14,981
Dec 201312,65791.824.35$11,662
Nov 201302,37688.853.74$8,882
Oct 201301,97897.423.78$7,476
Sep 201301,933104.113.72$7,186
Aug 201301,934104.253.52$6,813
Jul 201312,048102.523.72$7,716
Jun 201312,21694.403.93$8,811
May 201312,91494.834.15$12,185
Apr 201302,78993.964.28$11,944
Mar 201312,18493.623.91$8,639
Feb 201312,79491.233.42$9,646
Jan 201313,46691.603.42$11,945
Dec 201213,51786.773.42$12,115
Nov 201204,05386.953.62$14,692
Oct 201203,97789.383.40$13,521
Sep 201214,07594.672.92$11,987
Aug 201203,51292.662.91$10,213
Jul 201204,25385.133.02$12,847
Jun 201203,48079.822.52$8,766
May 201204,07791.612.49$10,145
Apr 201204,855101.652.00$9,694
Mar 201204,620105.052.22$10,266
Feb 201203,747101.102.57$9,631
Jan 201203,41798.092.73$9,342
Dec 201102,84896.873.24$9,227
Nov 201103,65895.723.31$12,113
Oct 201114,64684.983.65$17,036
Sep 201104,36483.623.99$17,394
Aug 201103,85983.404.15$16,012
Jul 201103,03894.144.52$13,723
Jun 201114,01492.904.64$18,717
May 201107,15398.134.40$31,508
Apr 201104,788105.964.33$20,748
Mar 201124,02096.364.06$16,503
Feb 201103,92685.644.18$16,411
Jan 201114,64086.504.59$21,378
Dec 201024,02185.734.35$17,654
Nov 201004,31780.843.80$16,384
Oct 201026,27178.103.51$22,160
Sep 201015,30772.633.98$21,192
Aug 201005,34073.684.42$23,599
Jul 201005,69972.554.74$26,993
Jun 201025,42770.364.91$26,789
May 201045,92571.124.24$25,378
Apr 201004,63681.694.12$19,113
Mar 201005,65678.394.39$24,822
Feb 201004,81373.585.44$26,194
Jan 201005,90374.365.96$35,206
Dec 200926,23171.445.48$34,312
Nov 200906,31874.593.75$23,702
Oct 200915,64972.544.11$23,291
Sep 2009494,50065.543.06$17,003
Aug 2009212,95867.423.22$41,840
Jul 2009614,37761.133.46$50,176
Jun 2009815,55766.163.90$61,124
May 20091119,07854.743.93$75,498
Apr 20096822,66746.773.59$84,498

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  822 Mcf  × $  3.05 =     $2,504

────────────────────────────────────────────────────
Month total                                   $2,504

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/247665 is the state's own key, not one this site invented.