MARTIN -L-

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

Gas lease lease 96438District 06Field 34943750Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$6.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
401
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 241 leases and 241 wells, and the rule below applies to all of them.

Discovered
not filed
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-12-14.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: EFFECTIVE MAY.

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
NGPA2none

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
CondensateDisposition15,384 bbl$641,860
GasProduction1,438,763 Mcf$5,707,723
Total$6,349,583

329,855 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.6454, -94.9579. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.64543, -94.95789 · 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
12,050 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 12,050 ft.

Completions filed
Oct 2004
1 of 1 wells

1 well

42-45930504112,050 ftOct 2004

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 (401)

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

401 months

May 20260603106.413.05$1,837
Apr 2026049798.932.87$1,426
Mar 2026091189.753.15$2,869
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025087059.383.30$2,875
Sep 2025051562.743.08$1,585
Aug 2025087663.933.01$2,641
Jul 2025046366.743.32$1,535
Jun 2025043066.483.13$1,345
May 2025049760.553.23$1,606
Apr 2025031062.363.54$1,098
Mar 2025031867.704.27$1,357
Feb 2025023470.884.34$1,016
Jan 2025022174.324.28$946
Dec 2024032368.993.12$1,008
Nov 202410632669.052.20$8,036
Oct 202407171.372.28$162
Sep 2024033269.612.36$785
Aug 2024055275.632.06$1,139
Jul 2024033479.932.15$717
Jun 2024048978.082.63$1,288
May 2024058978.812.20$1,295
Apr 2024052884.451.66$876
Mar 2024032980.301.55$508
Feb 2024042776.091.78$762
Jan 2024050673.023.30$1,669
Dec 2023024471.262.61$637
Nov 2023021877.892.81$612
Oct 2023061685.443.09$1,902
Sep 2023056789.042.74$1,551
Aug 2023062780.522.67$1,676
Jul 2023049274.852.64$1,300
Jun 2023035768.962.26$806
May 2023047870.622.23$1,065
Apr 2023028878.122.24$644
Mar 2023042972.852.39$1,027
Feb 2023038375.112.47$944
Jan 2023049676.533.39$1,680
Dec 2022066776.415.73$3,821
Nov 2022041885.005.65$2,360
Oct 2022035487.185.86$2,076
Sep 2022026784.888.16$2,180
Aug 2022043594.529.13$3,970
Jul 20220575101.587.54$4,337
Jun 20220336115.097.98$2,680
May 20220352109.378.43$2,968
Apr 20220495104.226.84$3,385
Mar 20220337108.885.08$1,711
Feb 2022048691.054.86$2,361
Jan 2022037181.844.54$1,683
Dec 2021066671.323.90$2,597
Nov 2021020977.435.24$1,095
Oct 2021037979.795.71$2,166
Sep 2021037569.865.35$2,007
Aug 2021061466.024.22$2,591
Jul 2021040370.783.98$1,605
Jun 2021053569.493.38$1,809
May 2021038463.483.02$1,159
Apr 2021042460.362.76$1,170
Mar 2021030961.302.72$840
Feb 2021030357.805.55$1,681
Jan 2021060750.412.81$1,706
Dec 2020033244.642.68$888
Nov 2020034838.772.71$942
Oct 2020028436.972.48$704
Sep 2020038137.091.99$759
Aug 2020036939.982.39$880
Jul 2020040738.371.83$743
Jun 2020048034.901.69$811
May 2020028416.921.81$515
Apr 2020038114.751.80$687
Mar 2020047830.341.86$887
Feb 2020031149.881.98$616
Jan 2020030457.252.09$637
Dec 2019038459.012.30$885
Nov 2019069455.302.75$1,909
Oct 2019089453.472.42$2,162
Sep 2019021955.052.66$582
Aug 2019032853.112.30$756
Jul 2019075156.272.46$1,848
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019026162.632.75$718
Mar 2019035856.803.06$1,096
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 2018034346.594.19$1,436
Nov 20180052.934.24$0
Oct 2018064661.443.40$2,195
Sep 2018046359.543.11$1,439
Aug 20180059.403.07$0
Jul 201808065.142.93$235
Jun 2018017260.183.08$529
May 2018017265.382.90$499
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018029761.782.77$822
Jan 2018050762.874.01$2,033
Dec 2017057357.272.92$1,674
Nov 201701,39155.423.12$4,338
Oct 20170049.292.98$0
Sep 2017027447.523.09$846
Aug 2017054445.373.00$1,634
Jul 2017040643.873.09$1,253
Jun 2017055642.493.09$1,717
May 2017072745.373.26$2,372
Apr 2017067647.933.21$2,171
Mar 2017074646.772.98$2,226
Feb 2017046550.452.95$1,373
Jan 2017065449.413.42$2,236
Dec 201601,09048.763.72$4,058
Nov 20160042.492.64$0
Oct 2016061046.193.09$1,885
Sep 201601,04841.553.10$3,249
Aug 201602,87241.442.92$8,399
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 201601342.521.99$26
Apr 201601,28436.561.99$2,557
Mar 201602233.011.79$39
Feb 201601,54626.472.06$3,190
Jan 201604227.352.36$99
Dec 201501,53232.362.00$3,066
Nov 20150038.792.17$0
Oct 2015094943.552.43$2,303
Sep 2015098342.992.76$2,712
Aug 201501,08240.162.87$3,108
Jul 201501,14448.152.95$3,369
Jun 201501,34456.152.88$3,875
May 201501,46655.212.96$4,333
Apr 2015191,64449.822.71$5,396
Mar 2015141,75042.892.93$5,736
Feb 201501,64644.662.98$4,899
Jan 2015151,51343.433.10$5,343
Dec 2014161,85754.693.59$7,544
Nov 2014311,95270.464.25$10,484
Oct 2014161,94578.303.90$8,840
Sep 2014142,04486.164.05$9,475
Aug 2014282,06189.394.04$10,819
Jul 2014151,90796.564.18$9,419
Jun 2014252,09798.164.74$12,387
May 2014202,12594.734.73$11,939
Apr 201401,74295.944.81$8,377
Mar 2014331,76395.895.06$12,080
Feb 2014181,94497.406.19$13,790
Jan 2014352,27590.404.86$14,222
Dec 2013182,72291.824.35$13,506
Nov 2013322,20388.853.74$11,079
Oct 201302,85497.423.78$10,786
Sep 2013152,952104.113.72$12,536
Aug 2013282,754104.253.52$12,620
Jul 2013132,328102.523.72$9,988
Jun 2013151,46294.403.93$7,167
May 2013291,02894.834.15$7,015
Apr 2013321,27593.964.28$8,467
Mar 2013171,24993.623.91$6,479
Feb 2013301,42391.233.42$7,603
Jan 2013332,75791.603.42$12,451
Dec 2012182,53286.773.42$10,222
Nov 2012312,70386.953.62$12,494
Oct 2012162,85489.383.40$11,133
Sep 2012292,77194.672.92$10,832
Aug 2012152,67592.662.91$9,169
Jul 2012312,73685.133.02$10,904
Jun 2012153,14379.822.52$9,115
May 2012273,32291.612.49$10,740
Apr 2012302,628101.652.00$8,297
Mar 2012583,118105.052.22$13,021
Feb 2012703,095101.102.57$15,032
Jan 2012663,54498.092.73$16,164
Dec 2011643,62396.873.24$17,937
Nov 2011323,92795.723.31$16,066
Oct 2011643,82584.983.65$19,394
Sep 2011584,30983.623.99$22,025
Aug 2011634,28683.404.15$23,038
Jul 2011744,84694.144.52$28,857
Jun 2011463,22692.904.64$19,242
May 2011461,80498.134.40$12,460
Apr 2011731,471105.964.33$14,109
Mar 2011281,24696.364.06$7,754
Feb 20115694985.644.18$8,763
Jan 20116498786.504.59$10,065
Dec 2010581,18085.734.35$10,103
Nov 2010571,10180.843.80$8,787
Oct 2010571,15178.103.51$8,490
Sep 2010185972.633.98$3,491
Aug 2010262,42073.684.42$12,611
Jul 201081,85572.554.74$9,367
Jun 2010272,71470.364.91$15,227
May 2010171,42871.124.24$7,257
Apr 2010141,04381.694.12$5,444
Mar 2010181,12378.394.39$6,340
Feb 2010261,31573.585.44$9,070
Jan 2010441,96474.365.96$14,985
Dec 2009161,87971.445.48$11,447
Nov 2009291,62874.593.75$8,271
Oct 200992,06872.544.11$9,153
Sep 2009141,96365.543.06$6,934
Aug 2009441,14467.423.22$6,648
Jul 2009312,04461.133.46$8,976
Jun 2009404,13166.163.90$18,737
May 2009334,22354.743.93$18,385
Apr 2009614,40546.773.59$18,656
Mar 2009583,18942.144.06$15,388
Feb 2009181,05932.814.63$5,497
Jan 2009413,81535.865.37$21,961
Dec 2008464,26437.105.98$27,193
Nov 2008434,87755.496.86$35,844
Oct 2008345,01275.246.92$37,251
Sep 2008234,120101.767.88$34,794
Aug 2008435,737114.228.48$53,579
Jul 2008445,223131.0811.39$65,255
Jun 2008484,842131.3313.03$69,408
May 2008754,230123.1711.57$58,197
Apr 2008942,939110.3110.45$41,096
Mar 2008875,638101.909.66$63,351
Feb 2008885,18492.538.77$53,609
Jan 2008745,66990.388.21$53,206
Dec 2007624,96888.337.30$41,753
Nov 2007725,71991.677.29$48,301
Oct 2007806,47482.856.92$51,441
Sep 2007716,53575.846.24$46,190
Aug 2007835,83869.066.39$43,025
Jul 2007876,27270.906.39$46,233
Jun 2007936,29962.007.55$53,314
May 2007766,83558.747.85$58,094
Apr 2007816,82459.617.81$58,091
Mar 20071277,47556.927.30$61,811
Feb 20071077,38455.108.22$66,563
Jan 20071698,94650.306.73$68,679
Dec 20061386,40956.656.92$52,158
Nov 20061447,24354.207.62$62,978
Oct 2006936,85054.906.01$46,300
Sep 20061377,61960.085.04$46,609
Aug 20061107,16068.717.34$60,112
Jul 20061117,35569.376.34$54,351
Jun 2006927,60066.286.38$54,615
May 200607,99866.016.42$51,387
Apr 200608,85464.397.36$65,170
Mar 200609,46056.707.08$67,004
Feb 20061048,38057.597.75$70,944
Jan 20061758,53160.598.93$86,813
Dec 200508,63254.9413.42$115,802
Nov 20051879,52354.6910.59$111,060
Oct 2005310,43758.3413.80$144,161
Sep 200538,28261.4512.08$100,223
Aug 200519,00761.519.80$88,302
Jul 200519,54155.697.84$74,892
Jun 20051707,64952.337.38$65,354
May 20051449,22945.226.65$67,895
Apr 200518811,46949.207.36$93,667
Mar 2005712,98950.377.15$93,287
Feb 200521312,21045.226.31$86,700
Jan 2005614,50343.166.32$91,950
Dec 200418515,84439.866.75$114,338
Nov 200411920,69645.286.33$136,403
Oct 20046917,45949.706.52$117,176
Sep 20040043.245.28$0
Aug 200419042.375.55$805
Jul 20040038.286.08$0
Jun 2004119136.106.43$4,302
May 200458,03037.486.49$52,339
Apr 20041711,27534.475.86$66,640
Mar 2004181,90534.365.53$11,153
Feb 20040032.455.51$0
Jan 20042092,10932.036.30$19,980
Dec 2003019630.266.30$1,235
Nov 200334,06128.804.60$18,747
Oct 200325,19528.174.76$24,783
Sep 200364,33326.314.75$20,737
Aug 20031825,14929.765.13$31,829
Jul 200305,03629.415.17$26,040
Jun 200315,14028.565.98$30,781
May 200305,49126.595.97$32,796
Apr 200302,93926.675.41$15,892
Mar 20031814,67931.146.10$34,160
Feb 200304,65933.487.93$36,927
Jan 200305,47730.315.58$30,573
Dec 20021895,47726.914.85$31,670
Nov 200204,45224.664.14$18,418
Oct 200204,53426.464.23$19,175
Sep 200205,25127.443.64$19,088
Aug 20021975,25125.963.16$21,729
Jul 200204,04624.583.06$12,388
Jun 200205,44423.733.34$18,173
May 200205,51024.663.58$19,748
Apr 200205,18923.653.51$18,225
Mar 20021925,49722.003.10$21,280
Feb 200202,36318.222.38$5,614
Jan 200204,54517.172.38$10,797
Dec 200103,12816.932.36$7,396
Nov 200102,40918.072.41$5,795
Oct 20011924,39319.782.53$14,907
Sep 200104,31324.262.25$9,710
Aug 200103,80324.873.05$11,611
Jul 200105,69823.933.20$18,217
Jun 20011925,53324.563.82$25,875
May 200105,39125.524.31$23,221
Apr 200105,65224.685.34$30,155
Mar 200105,28624.545.38$28,420
Feb 200104,01927.755.77$23,178
Jan 200106,24427.478.40$52,442
Dec 20001725,77926.889.12$57,342
Nov 200005,75432.215.66$32,556
Oct 200006,10331.235.15$31,403
Sep 200006,09131.875.19$31,591
Aug 20001935,21229.644.54$29,387
Jul 200005,35628.534.09$21,905
Jun 200006,44629.304.40$28,345
May 200006,49727.263.68$23,907
Apr 20001726,46124.513.12$24,348
Mar 200006,61528.422.86$18,917
Feb 200006,73827.622.73$18,371
Jan 200006,95225.272.48$17,244
Dec 19991927,68924.282.42$23,298
Nov 199906,29923.192.43$15,332
Oct 19991917,38220.982.80$24,704
Sep 199907,44321.752.62$19,492
Aug 199907,03519.262.88$20,230
Jul 199908,13517.892.37$19,299
Jun 199908,08915.942.36$19,107
May 19991967,96915.792.32$21,591
Apr 199907,54615.102.21$16,662
Mar 19991628,31512.471.84$17,306
Feb 199907,8259.981.82$14,224
Jan 19991819,23310.381.90$19,421
Dec 199808,6849.201.77$15,400
Nov 1998010,80310.892.19$23,612
Oct 19981928,17712.421.97$18,487
Sep 199806,82512.592.08$14,214
Aug 19981838,09711.301.91$17,512
Jul 199807,89111.742.24$17,654
Jun 19981857,69611.242.24$19,297
May 199806,72312.622.21$14,833
Apr 199818310,21113.042.51$27,968
Mar 199819214,71312.802.31$36,436
Feb 199801,50913.952.30$3,469
Jan 1998026614.702.15$573
Dec 1997049916.322.41$1,203
Nov 1997030718.193.09$948
Oct 1997032319.253.15$1,017
Sep 1997051417.742.95$1,519
Aug 1997089417.862.55$2,284
Jul 199701,25517.582.25$2,820
Jun 199701,81917.242.26$4,106
May 199702,61718.972.31$6,041
Apr 19971691,79517.882.08$6,760
Mar 199701,30718.951.94$2,534
Feb 199701,96720.492.21$4,339
Jan 199703,10923.483.54$11,005
Dec 199603,51023.32$0
Nov 199609821.97$0
Oct 19961655,44023.31$3,846
Sep 199625,81622.22$44
Aug 19961856,16820.26$3,748
Jul 19961826,62119.55$3,558
Jun 199636,15418.73$56
May 199645,86219.43$78
Apr 19961476,93521.51$3,162
Mar 19961917,10019.38$3,702
Feb 199686,61316.98$136
Jan 19961937,57217.07$3,295
Dec 199567,35417.19$103
Nov 19951946,44716.00$3,104
Oct 199546,85315.43$62
Sep 199556,53416.18$81
Aug 19951987,05615.92$3,152
Jul 199507,02015.24$0
Jun 19951956,81916.41$3,200
May 199597,58417.56$158
Apr 19951837,30417.73$3,245
Mar 199576,66116.44$115
Feb 19951936,43916.58$3,200
Jan 199514,17515.92$16
Dec 19941927,10415.03$2,886
Nov 199407,37915.90$0
Oct 19941937,37715.58$3,007
Sep 199448,12315.29$61
Aug 19941937,16716.13$3,113
Jul 1994127,73017.56$211
Jun 19941913,28017.09$3,264
May 199437,33515.88$48
Apr 19941877,67014.14$2,644
Mar 199449,11412.46$50
Feb 19941908,61212.50$2,375
Jan 199499,75612.66$114
Dec 19931918,60712.33$2,355
Nov 19931888,69414.49$2,724
Oct 199329,82415.85$32
Sep 19931916,68415.03$2,871
Aug 199326,42415.66$31
Jul 19931886,87515.46$2,906
Jun 199316,79216.79$17
May 19931936,52217.68$3,412
Apr 199316,75018.05$18
Mar 19931907,62918.14$3,447
Feb 199316,93717.90$18
Jan 199319,33516.93$17

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                  603 Mcf  × $  3.05 =     $1,837

────────────────────────────────────────────────────
Month total                                   $1,837

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/96438 is the state's own key, not one this site invented.