MARTIN GU1

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

Gas lease lease 254041District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.8 M
Oct 2009 – May 2026
Value, last 12 filed months
$153 k
at the published price for each month
Months reported
200
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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
as the register files it
Field class
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 20 acres. The field rule took effect on 2013-01-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112010-01-27196704
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
CondensateDisposition48 bbl$3,954
GasProduction2,158,515 Mcf$8,827,257
Total$8,831,211

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 32.4372, -94.6763. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.43723, -94.67630 · 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
11,818 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 11,818 ft.

Completions filed
Oct 2009
1 of 1 wells

1 well

42-203348457H11,818 ftOct 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 (200)

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

200 months

May 202613,867106.413.05$11,885
Apr 202671,49198.932.87$4,971
Mar 202631,83889.753.15$6,058
Feb 202602,11863.503.75$7,943
Jan 202603,76059.138.00$30,072
Dec 202504,45456.664.41$19,657
Nov 202505,76958.593.93$22,652
Oct 202507,99459.383.30$26,419
Sep 202506,57862.743.08$20,240
Aug 2025092363.933.01$2,783
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 2024021276.091.78$378
Jan 2024032573.023.30$1,072
Dec 2023071671.262.61$1,869
Nov 202301,30877.892.81$3,672
Oct 202301,46985.443.09$4,535
Sep 2023039089.042.74$1,067
Aug 202301,02380.522.67$2,734
Jul 202311,32974.852.64$3,586
Jun 2023079968.962.26$1,805
May 2023084270.622.23$1,875
Apr 2023083878.122.24$1,875
Mar 2023090572.852.39$2,166
Feb 2023080575.112.47$1,985
Jan 2023094176.533.39$3,188
Dec 2022058276.415.73$3,334
Nov 2022050085.005.65$2,823
Oct 2022046987.185.86$2,750
Sep 202202,18484.888.16$17,829
Aug 202203,12694.529.13$28,532
Jul 202202,338101.587.54$17,633
Jun 202201,452115.097.98$11,583
May 202201,357109.378.43$11,444
Apr 202201,540104.226.84$10,530
Mar 202201,776108.885.08$9,016
Feb 202204,78591.054.86$23,250
Jan 202202,84181.844.54$12,892
Dec 202103,45071.323.90$13,452
Nov 202102,96977.435.24$15,548
Oct 202102,94179.795.71$16,804
Sep 202102,85869.865.35$15,293
Aug 202103,67366.024.22$15,502
Jul 202103,73170.783.98$14,857
Jun 202152,11469.493.38$7,494
May 202102,82763.483.02$8,531
Apr 202102,26560.362.76$6,248
Mar 202103,60461.302.72$9,792
Feb 202112,11157.805.55$11,770
Jan 202103,19050.412.81$8,965
Dec 202003,57344.642.68$9,559
Nov 202013,93538.772.71$10,689
Oct 202015,14136.972.48$12,779
Sep 202004,44137.091.99$8,842
Aug 202002,64239.982.39$6,301
Jul 202001,74538.371.83$3,185
Jun 202001,41434.901.69$2,390
May 202002,18016.921.81$3,956
Apr 202002,60814.751.80$4,706
Mar 202002,23630.341.86$4,151
Feb 202001,76749.881.98$3,500
Jan 202003,71257.252.09$7,776
Dec 201903,26359.012.30$7,519
Nov 201903,60055.302.75$9,903
Oct 201904,20953.472.42$10,180
Sep 201904,23255.052.66$11,246
Aug 201904,41253.112.30$10,167
Jul 201904,60256.272.46$11,321
Jun 201904,54352.782.49$11,318
May 201907,20458.482.74$19,741
Apr 201908,66362.632.75$23,829
Mar 201904,43256.803.06$13,571
Feb 201901,51650.852.79$4,233
Jan 201902,06446.033.23$6,663
Dec 201802,27146.594.19$9,505
Nov 201802,25752.934.24$9,563
Oct 201802,27161.443.40$7,717
Sep 201803,10159.543.11$9,638
Aug 201802,80559.403.07$8,602
Jul 201802,59865.142.93$7,617
Jun 201802,36660.183.08$7,280
May 201802,44865.382.90$7,101
Apr 201802,14063.842.90$6,208
Mar 201802,80161.222.79$7,806
Feb 201802,19661.782.77$6,074
Jan 201804,40262.874.01$17,649
Dec 201703,51957.272.92$10,281
Nov 201704,71555.423.12$14,703
Oct 201705,60349.292.98$16,718
Sep 201705,16347.523.09$15,940
Aug 201705,50145.373.00$16,527
Jul 201706,01343.873.09$18,564
Jun 201705,22642.493.09$16,134
May 201704,53945.373.26$14,813
Apr 201703,86047.933.21$12,397
Mar 201704,77446.772.98$14,244
Feb 201704,61950.452.95$13,638
Jan 201705,59049.413.42$19,111
Dec 201604,77048.763.72$17,758
Nov 201605,95842.492.64$15,755
Oct 201606,04746.193.09$18,687
Sep 201605,28441.553.10$16,384
Aug 201605,86841.442.92$17,160
Jul 201605,77941.622.92$16,900
Jun 201605,14645.352.69$13,821
May 201606,14242.521.99$12,229
Apr 201605,67536.561.99$11,299
Mar 201606,71933.011.79$12,054
Feb 201605,67226.472.06$11,705
Jan 201606,22627.352.36$14,721
Dec 201505,56632.362.00$11,140
Nov 201504,91538.792.17$10,652
Oct 201515,78843.552.43$14,089
Sep 201516,92142.992.76$19,134
Aug 201507,20040.162.87$20,682
Jul 201505,35848.152.95$15,780
Jun 201505,94656.152.88$17,141
May 201516,83955.212.96$20,268
Apr 201507,88749.822.71$21,347
Mar 201507,83042.892.93$22,979
Feb 201505,42944.662.98$16,158
Jan 201505,22543.433.10$16,201
Dec 201408,01354.693.59$28,778
Nov 201407,72170.464.25$32,828
Oct 201407,92978.303.90$30,931
Sep 201408,05186.164.05$32,570
Aug 201407,22089.394.04$29,134
Jul 201407,88596.564.18$32,956
Jun 201418,25298.164.74$39,187
May 201417,55694.734.73$35,809
Apr 201408,70995.944.81$41,883
Mar 201418,68095.895.06$43,989
Feb 201409,59897.406.19$59,431
Jan 2014012,94290.404.86$62,907
Dec 201313,66991.824.35$16,068
Nov 2013010,05588.853.74$37,588
Oct 201309,62597.423.78$36,376
Sep 201305,819104.113.72$21,634
Aug 201307,531104.253.52$26,529
Jul 201319,318102.523.72$34,744
Jun 201319,19394.403.93$36,254
May 2013110,51094.834.15$43,702
Apr 201309,39093.964.28$40,214
Mar 2013110,91993.623.91$42,818
Feb 201309,01991.233.42$30,844
Jan 201309,55091.603.42$32,660
Dec 2012111,83586.773.42$40,564
Nov 2012011,86486.953.62$43,007
Oct 2012010,29189.383.40$34,986
Sep 2012110,03294.672.92$29,372
Aug 2012010,66392.662.91$31,010
Jul 2012012,48885.133.02$37,724
Jun 2012013,30879.822.52$33,523
May 2012015,29091.612.49$38,046
Apr 2012015,240101.652.00$30,431
Mar 2012115,475105.052.22$34,492
Feb 2012010,765101.102.57$27,669
Jan 2012014,14598.092.73$38,674
Dec 2011013,96596.873.24$45,243
Nov 2011014,55295.723.31$48,186
Oct 2011117,58784.983.65$64,252
Sep 2011019,82283.623.99$79,007
Aug 2011019,21483.404.15$79,725
Jul 2011017,56294.144.52$79,332
Jun 2011121,45292.904.64$99,628
May 2011021,70498.134.40$95,602
Apr 2011023,923105.964.33$103,665
Mar 2011226,80796.364.06$108,958
Feb 2011028,65885.644.18$119,790
Jan 2011133,81586.504.59$155,256
Dec 2010235,78885.734.35$155,769
Nov 2010030,83180.843.80$117,014
Oct 2010135,15878.103.51$123,444
Sep 2010145,21072.633.98$179,984
Aug 2010052,34573.684.42$231,331
Jul 2010145,66872.554.74$216,379
Jun 2010153,22370.364.91$261,417
May 2010362,14371.124.24$263,403
Apr 2010071,76081.694.12$295,844
Mar 2010078,38778.394.39$344,015
Feb 2010083,31773.585.44$453,441
Jan 20100113,23674.365.96$675,350
Dec 20090149,45971.445.48$819,596
Nov 20090219,85374.593.75$824,779
Oct 2009032,04772.544.11$131,721

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             1 bbl  × $106.41 =       $106
Gas                3,867 Mcf  × $  3.05 =    $11,778

────────────────────────────────────────────────────
Month total                                  $11,885

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/254041 is the state's own key, not one this site invented.