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 250238District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
Apr 2009 – May 2026
Value, last 12 filed months
$0
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 Gas112009-09-15194627
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
CondensateDisposition62 bbl$4,444
GasProduction1,240,857 Mcf$4,744,472
Total$4,748,916

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 32.4403, -94.6766. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44028, -94.67661 · 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
10,711 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 10,711 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-203346266H10,711 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 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 20240173.023.30$3
Dec 20230371.262.61$8
Nov 20230077.892.81$0
Oct 202301185.443.09$34
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202301574.852.64$40
Jun 20230068.962.26$0
May 20230370.622.23$7
Apr 20230778.122.24$16
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 2022080104.226.84$547
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 202202781.844.54$123
Dec 202101,24571.323.90$4,854
Nov 202104,20077.435.24$21,995
Oct 202104,36079.795.71$24,912
Sep 202103,69369.865.35$19,761
Aug 202105,84466.024.22$24,665
Jul 202107,41770.783.98$29,535
Jun 202109,11269.493.38$30,804
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
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 20181065.382.90$65
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 201702557.272.92$73
Nov 201702,52355.423.12$7,868
Oct 201704,04149.292.98$12,057
Sep 201705,01047.523.09$15,467
Aug 201705,25145.373.00$15,776
Jul 201703,62243.873.09$11,182
Jun 201705,95542.493.09$18,385
May 201706,18745.373.26$20,191
Apr 201704,44747.933.21$14,282
Mar 201706,51046.772.98$19,424
Feb 201705,66750.452.95$16,732
Jan 201704,04249.413.42$13,819
Dec 201605,39648.763.72$20,088
Nov 201606,29342.492.64$16,641
Oct 201607,65946.193.09$23,668
Sep 20160041.553.10$0
Aug 2016095241.442.92$2,784
Jul 201606,01441.622.92$17,587
Jun 201605,63745.352.69$15,140
May 201606,51142.521.99$12,964
Apr 201605,24436.561.99$10,441
Mar 201605,36133.011.79$9,618
Feb 201604,88326.472.06$10,077
Jan 201604,72727.352.36$11,176
Dec 201505,09332.362.00$10,193
Nov 201505,74938.792.17$12,460
Oct 201514,66943.552.43$11,373
Sep 201512,18042.992.76$6,056
Aug 201503,57940.162.87$10,281
Jul 201505,17448.152.95$15,238
Jun 201502,61956.152.88$7,550
May 201514,90755.212.96$14,558
Apr 201504,61649.822.71$12,494
Mar 201504,53142.892.93$13,297
Feb 201504,63744.662.98$13,801
Jan 201505,45743.433.10$16,920
Dec 201404,89054.693.59$17,562
Nov 201405,02970.464.25$21,383
Oct 201404,90978.303.90$19,150
Sep 201405,16986.164.05$20,911
Aug 201404,56489.394.04$18,416
Jul 201404,95196.564.18$20,693
Jun 201415,38698.164.74$25,611
May 201415,39594.734.73$25,595
Apr 201406,58595.944.81$31,668
Mar 201417,40695.895.06$37,547
Feb 201406,63697.406.19$41,090
Jan 201407,67390.404.86$37,296
Dec 201317,65191.824.35$33,408
Nov 201307,36688.853.74$27,536
Oct 201307,35397.423.78$27,790
Sep 201306,926104.113.72$25,749
Aug 201307,459104.253.52$26,275
Jul 201318,006102.523.72$29,867
Jun 201318,65494.403.93$34,134
May 201319,39094.834.15$39,055
Apr 201308,65293.964.28$37,053
Mar 201319,15093.623.91$35,896
Feb 201347,64491.233.42$26,507
Jan 201309,76091.603.42$33,378
Dec 201219,90286.773.42$33,953
Nov 2012310,10386.953.62$36,884
Oct 2012010,69289.383.40$36,349
Sep 2012110,54194.672.92$30,858
Aug 2012010,92592.662.91$31,772
Jul 2012011,72385.133.02$35,413
Jun 2012011,30579.822.52$28,478
May 2012011,00891.612.49$27,391
Apr 2012010,515101.652.00$20,996
Mar 2012010,137105.052.22$22,525
Feb 201209,777101.102.57$25,129
Jan 2012010,08098.092.73$27,560
Dec 2011010,28096.873.24$33,305
Nov 201108,31695.723.31$27,537
Oct 2011011,15284.983.65$40,689
Sep 2011011,22183.623.99$44,725
Aug 2011013,48083.404.15$55,933
Jul 2011010,40294.144.52$46,988
Jun 2011011,98592.904.64$55,609
May 2011011,50698.134.40$50,682
Apr 2011013,008105.964.33$56,367
Mar 2011113,44296.364.06$54,635
Feb 2011014,01985.644.18$58,599
Jan 2011116,19886.504.59$74,416
Dec 2010216,77185.734.35$73,088
Nov 2010018,71180.843.80$71,014
Oct 2010120,47478.103.51$71,919
Sep 2010118,83672.633.98$75,030
Aug 2010020,00073.684.42$88,387
Jul 2010119,93172.554.74$94,476
Jun 2010119,61270.364.91$96,373
May 2010021,14971.124.24$89,571
Apr 2010022,49081.694.12$92,719
Mar 2010025,80578.394.39$113,250
Feb 2010023,92873.585.44$130,225
Jan 2010028,75674.365.96$171,503
Dec 2009130,21371.445.48$165,752
Nov 2009029,47574.593.75$110,575
Oct 2009133,61572.544.11$138,239
Sep 2009436,91165.543.06$113,385
Aug 2009239,72167.423.22$127,977
Jul 2009645,47661.133.46$157,918
Jun 2009851,28166.163.90$200,269
May 2009855,44454.743.93$218,097
Apr 2009322,75146.773.59$81,760

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.

Jan 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 73.02 =         $0
Gas                    1 Mcf  × $  3.30 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/250238 is the state's own key, not one this site invented.