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 248310District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Apr 2009 – May 2026
Value, last 12 filed months
$23 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 Gas112009-08-17193019
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
CondensateDisposition120 bbl$7,986
GasProduction404,617 Mcf$1,465,760
Total$1,473,746

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 32.4430, -94.6723. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44300, -94.67226 · 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
12,150 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 12,150 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-20334463312,150 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 20260438106.413.05$1,334
Apr 2026040098.932.87$1,148
Mar 2026243889.753.15$1,559
Feb 2026042963.503.75$1,609
Jan 2026049759.138.00$3,975
Dec 2025067156.664.41$2,961
Nov 2025071058.593.93$2,788
Oct 2025097059.383.30$3,206
Sep 202501,26062.743.08$3,877
Aug 2025016663.933.01$500
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 202402376.091.78$41
Jan 2024030973.023.30$1,019
Dec 2023037571.262.61$979
Nov 2023042777.892.81$1,199
Oct 2023041785.443.09$1,287
Sep 2023013989.042.74$380
Aug 2023038480.522.67$1,026
Jul 2023045874.852.64$1,210
Jun 2023032168.962.26$725
May 2023035470.622.23$789
Apr 2023032678.122.24$730
Mar 2023032672.852.39$780
Feb 2023030375.112.47$747
Jan 2023040976.533.39$1,386
Dec 2022043876.415.73$2,509
Nov 2022036785.005.65$2,072
Oct 2022039487.185.86$2,310
Sep 2022039684.888.16$3,233
Aug 2022043994.529.13$4,007
Jul 20220422101.587.54$3,183
Jun 20220415115.097.98$3,311
May 20220434109.378.43$3,660
Apr 20220519104.226.84$3,549
Mar 20220406108.885.08$2,061
Feb 2022049391.054.86$2,395
Jan 2022059481.844.54$2,695
Dec 2021058671.323.90$2,285
Nov 2021058277.435.24$3,048
Oct 2021054179.795.71$3,091
Sep 2021049969.865.35$2,670
Aug 2021052666.024.22$2,220
Jul 2021057070.783.98$2,270
Jun 2021089569.493.38$3,026
May 202111,18863.483.02$3,648
Apr 202101,21060.362.76$3,338
Mar 202101,26861.302.72$3,445
Feb 202101,39157.805.55$7,717
Jan 202101,22550.412.81$3,443
Dec 202001,18944.642.68$3,181
Nov 202001,12738.772.71$3,050
Oct 202001,18236.972.48$2,930
Sep 202001,24037.091.99$2,469
Aug 202001,36639.982.39$3,258
Jul 202001,25638.371.83$2,292
Jun 202001,24434.901.69$2,103
May 202001,37316.921.81$2,492
Apr 202001,22614.751.80$2,212
Mar 202001,41130.341.86$2,619
Feb 2020099549.881.98$1,971
Jan 202001,32657.252.09$2,778
Dec 201901,37659.012.30$3,171
Nov 201901,21655.302.75$3,345
Oct 201901,11653.472.42$2,699
Sep 201901,22055.052.66$3,242
Aug 201901,41453.112.30$3,258
Jul 201901,48656.272.46$3,656
Jun 201901,53352.782.49$3,819
May 201901,54958.482.74$4,245
Apr 201901,42762.632.75$3,925
Mar 201901,60556.803.06$4,915
Feb 201901,25850.852.79$3,513
Jan 201911,11346.033.23$3,639
Dec 201811,34546.594.19$5,676
Nov 201811,30952.934.24$5,599
Oct 201811,40561.443.40$4,836
Sep 201831,44059.543.11$4,654
Aug 201851,29659.403.07$4,271
Jul 201831,23365.142.93$3,810
Jun 201801,14360.183.08$3,517
May 2018191,11865.382.90$4,485
Apr 2018092263.842.90$2,675
Mar 201801,05161.222.79$2,929
Feb 2018049461.782.77$1,366
Jan 2018059962.874.01$2,402
Dec 2017061957.272.92$1,808
Nov 2017074955.423.12$2,336
Oct 2017053049.292.98$1,581
Sep 2017062447.523.09$1,926
Aug 2017076045.373.00$2,283
Jul 2017082943.873.09$2,559
Jun 2017084842.493.09$2,618
May 2017097445.373.26$3,179
Apr 201701,00047.933.21$3,212
Mar 2017097746.772.98$2,915
Feb 2017090550.452.95$2,672
Jan 201701,14449.413.42$3,911
Dec 2016097548.763.72$3,630
Nov 201601,01042.492.64$2,671
Oct 201601,17146.193.09$3,619
Sep 201601,28841.553.10$3,994
Aug 201601,25941.442.92$3,682
Jul 201601,33641.622.92$3,907
Jun 201601,24445.352.69$3,341
May 201601,01442.521.99$2,019
Apr 201601,54736.561.99$3,080
Mar 201601,93733.011.79$3,475
Feb 201601,30226.472.06$2,687
Jan 201621,53227.352.36$3,677
Dec 201511,46432.362.00$2,962
Nov 201511,39138.792.17$3,054
Oct 201511,42143.552.43$3,492
Sep 201511,09742.992.76$3,069
Aug 201512,29340.162.87$6,627
Jul 201502,58748.152.95$7,619
Jun 201502,88256.152.88$8,308
May 201511,68955.212.96$5,047
Apr 201501,68649.822.71$4,563
Mar 201501,50642.892.93$4,420
Feb 201501,28244.662.98$3,815
Jan 201501,29743.433.10$4,022
Dec 201401,42954.693.59$5,132
Nov 201411,14270.464.25$4,926
Oct 201401,45278.303.90$5,664
Sep 2014090086.164.05$3,641
Aug 201401,33989.394.04$5,403
Jul 201411,70696.564.18$7,227
Jun 201411,91198.164.74$9,150
May 201412,01894.734.73$9,633
Apr 201411,95795.944.81$9,507
Mar 201401,74595.895.06$8,824
Feb 201411,73397.406.19$10,828
Jan 201401,85990.404.86$9,036
Dec 201311,63091.824.35$7,190
Nov 201302,33588.853.74$8,729
Oct 201301,58197.423.78$5,975
Sep 201301,683104.113.72$6,257
Aug 201301,680104.253.52$5,918
Jul 201312,086102.523.72$7,858
Jun 201312,29394.403.93$9,114
May 201312,50794.834.15$10,497
Apr 201302,06593.964.28$8,844
Mar 201312,01893.623.91$7,990
Feb 201312,17891.233.42$7,540
Jan 201313,23191.603.42$11,141
Dec 201213,19786.773.42$11,021
Nov 201202,87486.953.62$10,418
Oct 201202,75189.383.40$9,353
Sep 201213,48394.672.92$10,259
Aug 201203,63392.662.91$10,565
Jul 201203,53085.133.02$10,663
Jun 201203,68879.822.52$9,290
May 201203,50491.612.49$8,719
Apr 201203,885101.652.00$7,758
Mar 201207,666105.052.22$17,034
Feb 201203,189101.102.57$8,197
Jan 201202,84798.092.73$7,784
Dec 201102,83196.873.24$9,172
Nov 201103,76695.723.31$12,470
Oct 201103,75384.983.65$13,693
Sep 201103,16383.623.99$12,607
Aug 201103,48183.404.15$14,444
Jul 201103,94994.144.52$17,839
Jun 201103,81892.904.64$17,715
May 201106,07998.134.40$26,777
Apr 201103,358105.964.33$14,551
Mar 201102,92796.364.06$11,876
Feb 201103,10085.644.18$12,958
Jan 201112,55286.504.59$11,797
Dec 201021,78585.734.35$7,932
Nov 201001,91680.843.80$7,272
Oct 201004,97578.103.51$17,457
Sep 201013,35372.633.98$13,416
Aug 201003,40273.684.42$15,035
Jul 201003,08372.554.74$14,603
Jun 201014,23970.364.91$20,886
May 201004,56271.124.24$19,321
Apr 201004,70181.694.12$19,381
Mar 201005,81378.394.39$25,511
Feb 201005,04373.585.44$27,446
Jan 201006,20074.365.96$36,977
Dec 200926,85971.445.48$37,756
Nov 200908,58974.593.75$32,222
Oct 200919,52472.544.11$39,219
Sep 2009289,36465.543.06$30,533
Aug 2009210,61267.423.22$34,290
Jul 2009612,17861.133.46$42,557
Jun 2009813,86966.163.90$54,549
May 2009817,29754.743.93$68,342
Apr 2009018,63146.773.59$66,839

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                  438 Mcf  × $  3.05 =     $1,334

────────────────────────────────────────────────────
Month total                                   $1,334

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/248310 is the state's own key, not one this site invented.