MARTIN, D.D.

Operated by SPENCE, RALPH OIL COMPANY, INC. (P-5 809331) in the JACKSONVILLE, NO. (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10175District 06Field 45440333OilCasinghead gasSaveExport
Value, all time
$674 k
Jan 1993 – Feb 2012
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
230
no gaps in the span
Streams
2
oil, casinghead 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 15 leases and 33 wells, and the rule below applies to all of them.

Discovered
1950-10-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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
OilDisposition27,430 bbl$671,361
Casinghead gasProduction1,839 Mcf$2,878
Total$674,239

1,095 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 (2)

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 32.0922, -95.2291. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.09222, -95.22911 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
4,354 ft
2 wells filed one
Completion to plug
20.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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

Between 4,282 and 4,425 ft, median 4,354 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1979 – Sep 1989
2 of 2 wells
Plug dates filed
Feb 1999 – Jul 2011
2 of 2 wells

Last completion to plug: a median of 20.8 years across the 2 wells that filed both dates, with the middle half between 20.2 years and 21.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0733076424,282 ftSep 1989Jul 2011Yes
42-0730012414,425 ftJul 1979Feb 1999Yes

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 (230)

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

230 months

Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011286095.723.31$27,376
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 2010154073.585.44$11,331
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009191054.743.93$10,455
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20081840131.3313.03$24,165
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007151088.337.30$13,338
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007182075.846.24$13,803
Aug 2007177069.066.39$12,224
Jul 20070070.906.39$0
Jun 2007145062.007.55$8,990
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006149060.085.04$8,952
Aug 20060068.717.34$0
Jul 2006173069.376.34$12,001
Jun 20060066.286.38$0
May 2006313066.016.42$20,661
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 200652057.597.75$2,995
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 2005170654.6910.59$9,361
Oct 20050658.3413.80$83
Sep 20050361.4512.08$36
Aug 20050461.519.80$39
Jul 2005310355.697.84$17,287
Jun 20050952.337.38$66
May 20050745.226.65$47
Apr 20050349.207.36$22
Mar 20050150.377.15$7
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040139.866.75$7
Nov 2004152745.286.33$6,927
Oct 2004177449.706.52$8,823
Sep 20040343.245.28$16
Aug 20041761042.375.55$7,513
Jul 20040938.286.08$55
Jun 2004178436.106.43$6,452
May 200401137.486.49$71
Apr 20041581134.475.86$5,511
Mar 2004154534.365.53$5,319
Feb 20040232.455.51$11
Jan 2004179432.036.30$5,759
Dec 200301330.266.30$82
Nov 20031771128.804.60$5,148
Oct 2003182728.174.76$5,160
Sep 20031771326.314.75$4,719
Aug 200301029.765.13$51
Jul 2003358329.415.17$10,544
Jun 2003168328.565.98$4,816
May 20031731326.595.97$4,678
Apr 20031801426.675.41$4,876
Mar 20030831.146.10$49
Feb 20030133.487.93$8
Jan 20030430.315.58$22
Dec 2002180726.914.85$4,878
Nov 20021791124.664.14$4,460
Oct 20020726.464.23$30
Sep 20023332227.443.64$9,217
Aug 20021781225.963.16$4,659
Jul 2002179624.583.06$4,418
Jun 20020523.733.34$17
May 200201024.663.58$36
Apr 20021621323.653.51$3,877
Mar 20020422.003.10$12
Feb 20020118.222.38$2
Jan 20020017.172.38$0
Dec 20010116.932.36$2
Nov 2001170118.072.41$3,074
Oct 20010419.782.53$10
Sep 20010424.262.25$9
Aug 20011731324.873.05$4,342
Jul 20010123.933.20$3
Jun 2001176724.563.82$4,349
May 20010525.524.31$22
Apr 20011761024.685.34$4,397
Mar 20010024.545.38$0
Feb 20010127.755.77$6
Jan 20010327.478.40$25
Dec 2000181026.889.12$4,865
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000183129.304.40$5,366
May 200001027.263.68$37
Apr 20000424.513.12$12
Mar 2000179728.422.86$5,107
Feb 20000927.622.73$25
Jan 2000181525.272.48$4,586
Dec 199901024.282.42$24
Nov 19991811623.192.43$4,236
Oct 1999181820.982.80$3,820
Sep 19991771821.752.62$3,897
Aug 19993541419.262.88$6,858
Jul 19990317.892.37$7
Jun 19990415.942.36$9
May 1999179815.792.32$2,845
Apr 19990715.102.21$15
Mar 1999178512.471.84$2,229
Feb 199918449.981.82$1,844
Jan 199901410.381.90$27
Dec 199815989.201.77$1,477
Nov 19981771610.892.19$1,963
Oct 19980112.421.97$2
Sep 19980112.592.08$2
Aug 19980111.301.91$2
Jul 19980411.742.24$9
Jun 1998356511.242.24$4,013
May 19980112.622.21$2
Apr 199801113.042.51$28
Mar 19983541512.802.31$4,566
Feb 199801713.952.30$39
Jan 19981861414.702.15$2,764
Dec 19971821416.322.41$3,004
Nov 19971792218.193.09$3,324
Oct 19975521819.253.15$10,683
Sep 199701717.742.95$50
Aug 19973652617.862.55$6,585
Jul 1997167517.582.25$2,947
Jun 19970117.242.26$2
May 19970118.972.31$2
Apr 199701717.882.08$35
Mar 1997187218.951.94$3,548
Feb 19971911820.492.21$3,953
Jan 1997195123.483.54$4,582
Dec 199601423.32$0
Nov 19961891021.97$4,152
Oct 19961841123.31$4,289
Sep 19961791122.22$3,977
Aug 19963122220.26$6,321
Jul 19961891519.55$3,695
Jun 19963691618.73$6,911
May 19961872319.43$3,633
Apr 19965113421.51$10,992
Mar 1996176619.38$3,411
Feb 19960116.98$0
Jan 19960517.07$0
Dec 199501117.19$0
Nov 19955382116.00$8,608
Oct 19951802715.43$2,777
Sep 199501216.18$0
Aug 1995180515.92$2,866
Jul 19950915.24$0
Jun 1995187916.41$3,069
May 19951831017.56$3,213
Apr 1995178917.73$3,156
Mar 19950416.44$0
Feb 1995185316.58$3,067
Jan 19951892215.92$3,009
Dec 19941861115.03$2,796
Nov 199401015.90$0
Oct 19943581315.58$5,578
Sep 19940915.29$0
Aug 19941741316.13$2,807
Jul 19943422617.56$6,006
Jun 19943552717.09$6,067
May 19943582715.88$5,685
Apr 19945363214.14$7,579
Mar 19945453112.46$6,791
Feb 19943672712.50$4,588
Jan 19943763512.66$4,760
Dec 19935583712.33$6,880
Nov 19933673214.49$5,318
Oct 19935534515.85$8,765
Sep 19937264315.03$10,912
Aug 19937374815.66$11,541
Jul 19933733715.46$5,767
Jun 19935613616.79$9,419
May 19935234817.68$9,247
Apr 19939094618.05$16,407
Mar 19935715418.14$10,358
Feb 19937605217.90$13,604
Jan 19935394616.93$9,125

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.

Nov 2011 — as filed, then multipliedworked
Oil                  286 bbl  × $ 95.72 =    $27,376
Casinghead gas         0 Mcf  × $  3.31 =         $0

────────────────────────────────────────────────────
Month total                                  $27,376

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/O/10175 is the state's own key, not one this site invented.