MARTIN

Name: MARTIN lease production and value, Jul 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by STANOLIND PRODUCTION LLC (P-5 813985) in the LOWER HALF (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 37869District 08Field 55279500Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$2.5 M

Jul 2005 – Mar 2020

Value, last 12 filed months

$17 k

at the published price for each month

Months reported

177

no gaps in the span

Streams

oil, casinghead gas

The LOWER HALF (WOLFCAMP) field

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 46 leases and 237 wells, and the rule below applies to all of them.

Discovered

1985-05-27

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-10-01.

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: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	26,252 bbl	$1,754,583
Casinghead gas	Production	148,442 Mcf	$790,055
Total			$2,544,638

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 31.5716, -101.0977. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.57164, -101.09772 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 2 wells

Median depth

7,750 ft

2 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

2100.0%

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.

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 7,750 and 7,750 ft, median 7,750 ft, over the 2 wells that filed a depth.

Completions filed

Jun 2005 – Feb 2007

2 of 2 wells

2 wells


42-43132346	336	7,750 ft	Feb 2007	—	Yes
42-43132455	436	7,750 ft	Jun 2005	—	Yes

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 (177)

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

177 months


Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	6	370	55.05	2.66	$1,313
Aug 2019	39	373	53.11	2.30	$2,931
Jul 2019	43	320	56.27	2.46	$3,207
Jun 2019	47	305	52.78	2.49	$3,240
May 2019	64	337	58.48	2.74	$4,666
Apr 2019	7	368	62.63	2.75	$1,451
Mar 2019	1	305	56.80	3.06	$991
Feb 2019	5	269	50.85	2.79	$1,005
Jan 2019	3	432	46.03	3.23	$1,533
Dec 2018	24	355	46.59	4.19	$2,604
Nov 2018	0	411	52.93	4.24	$1,742
Oct 2018	12	423	61.44	3.40	$2,175
Sep 2018	0	416	59.54	3.11	$1,293
Aug 2018	10	372	59.40	3.07	$1,735
Jul 2018	9	454	65.14	2.93	$1,917
Jun 2018	9	447	60.18	3.08	$1,917
May 2018	0	515	65.38	2.90	$1,494
Apr 2018	9	352	63.84	2.90	$1,596
Mar 2018	13	454	61.22	2.79	$2,061
Feb 2018	16	402	61.78	2.77	$2,100
Jan 2018	18	431	62.87	4.01	$2,860
Dec 2017	25	448	57.27	2.92	$2,741
Nov 2017	0	401	55.42	3.12	$1,250
Oct 2017	31	418	49.29	2.98	$2,775
Sep 2017	30	481	47.52	3.09	$2,911
Aug 2017	30	437	45.37	3.00	$2,674
Jul 2017	30	493	43.87	3.09	$2,838
Jun 2017	0	501	42.49	3.09	$1,547
May 2017	30	482	45.37	3.26	$2,934
Apr 2017	26	483	47.93	3.21	$2,797
Mar 2017	26	497	46.77	2.98	$2,699
Feb 2017	23	488	50.45	2.95	$2,601
Jan 2017	22	504	49.41	3.42	$2,810
Dec 2016	17	536	48.76	3.72	$2,824
Nov 2016	8	565	42.49	2.64	$1,834
Oct 2016	49	563	46.19	3.09	$4,003
Sep 2016	11	570	41.55	3.10	$2,224
Aug 2016	13	557	41.44	2.92	$2,168
Jul 2016	3	564	41.62	2.92	$1,774
Jun 2016	4	580	45.35	2.69	$1,739
May 2016	45	579	42.52	1.99	$3,066
Apr 2016	0	684	36.56	1.99	$1,362
Mar 2016	102	481	33.01	1.79	$4,230
Feb 2016	65	527	26.47	2.06	$2,808
Jan 2016	119	556	27.35	2.36	$4,569
Dec 2015	73	505	32.36	2.00	$3,373
Nov 2015	85	475	38.79	2.17	$4,327
Oct 2015	138	666	43.55	2.43	$7,626
Sep 2015	87	651	42.99	2.76	$5,536
Aug 2015	54	710	40.16	2.87	$4,208
Jul 2015	32	692	48.15	2.95	$3,579
Jun 2015	34	694	56.15	2.88	$3,910
May 2015	31	740	55.21	2.96	$3,899
Apr 2015	34	714	49.82	2.71	$3,626
Mar 2015	31	1,083	42.89	2.93	$4,508
Feb 2015	29	630	44.66	2.98	$3,170
Jan 2015	76	766	43.43	3.10	$5,676
Dec 2014	0	758	54.69	3.59	$2,722
Nov 2014	77	758	70.46	4.25	$8,648
Oct 2014	36	768	78.30	3.90	$5,815
Sep 2014	40	755	86.16	4.05	$6,501
Aug 2014	0	832	89.39	4.04	$3,357
Jul 2014	40	524	96.56	4.18	$6,053
Jun 2014	76	602	98.16	4.74	$10,312
May 2014	0	518	94.73	4.73	$2,448
Apr 2014	81	504	95.94	4.81	$10,195
Mar 2014	0	640	95.89	5.06	$3,236
Feb 2014	0	594	97.40	6.19	$3,678
Jan 2014	39	804	90.40	4.86	$7,434
Dec 2013	0	846	91.82	4.35	$3,684
Nov 2013	35	559	88.85	3.74	$5,199
Oct 2013	0	843	97.42	3.78	$3,186
Sep 2013	14	639	104.11	3.72	$3,833
Aug 2013	54	775	104.25	3.52	$8,360
Jul 2013	0	653	102.52	3.72	$2,428
Jun 2013	91	591	94.40	3.93	$10,915
May 2013	49	629	94.83	4.15	$7,256
Apr 2013	31	648	93.96	4.28	$5,688
Mar 2013	75	569	93.62	3.91	$9,248
Feb 2013	70	707	91.23	3.42	$8,804
Jan 2013	0	879	91.60	3.42	$3,006
Dec 2012	111	784	86.77	3.42	$12,313
Nov 2012	58	757	86.95	3.62	$7,787
Oct 2012	0	752	89.38	3.40	$2,557
Sep 2012	77	760	94.67	2.92	$9,508
Aug 2012	81	762	92.66	2.91	$9,721
Jul 2012	39	824	85.13	3.02	$5,809
Jun 2012	49	817	79.82	2.52	$5,969
May 2012	20	795	91.61	2.49	$3,810
Apr 2012	42	773	101.65	2.00	$5,813
Mar 2012	33	870	105.05	2.22	$5,400
Feb 2012	65	848	101.10	2.57	$8,751
Jan 2012	69	808	98.09	2.73	$8,977
Dec 2011	79	827	96.87	3.24	$10,332
Nov 2011	54	729	95.72	3.31	$7,583
Oct 2011	39	863	84.98	3.65	$6,463
Sep 2011	0	769	83.62	3.99	$3,065
Aug 2011	37	749	83.40	4.15	$6,194
Jul 2011	0	886	94.14	4.52	$4,002
Jun 2011	42	872	92.90	4.64	$7,948
May 2011	37	918	98.13	4.40	$7,674
Apr 2011	19	795	105.96	4.33	$5,458
Mar 2011	19	841	96.36	4.06	$5,243
Feb 2011	82	778	85.64	4.18	$10,275
Jan 2011	0	743	86.50	4.59	$3,409
Dec 2010	21	842	85.73	4.35	$5,461
Nov 2010	52	878	80.84	3.80	$7,536
Oct 2010	23	984	78.10	3.51	$5,249
Sep 2010	63	997	72.63	3.98	$8,543
Aug 2010	40	1,031	73.68	4.42	$7,504
Jul 2010	0	1,064	72.55	4.74	$5,040
Jun 2010	43	1,001	70.36	4.91	$7,941
May 2010	117	1,044	71.12	4.24	$12,743
Apr 2010	31	1,082	81.69	4.12	$6,993
Mar 2010	25	1,191	78.39	4.39	$7,187
Feb 2010	67	908	73.58	5.44	$9,872
Jan 2010	0	1,142	74.36	5.96	$6,811
Dec 2009	158	1,117	71.44	5.48	$17,413
Nov 2009	113	1,143	74.59	3.75	$12,717
Oct 2009	115	1,253	72.54	4.11	$13,492
Sep 2009	174	1,184	65.54	3.06	$15,033
Aug 2009	116	1,228	67.42	3.22	$11,773
Jul 2009	170	1,092	61.13	3.46	$14,175
Jun 2009	161	984	66.16	3.90	$14,484
May 2009	100	1,105	54.74	3.93	$9,812
Apr 2009	74	1,187	46.77	3.59	$7,719
Mar 2009	76	1,205	42.14	4.06	$8,094
Feb 2009	101	1,181	32.81	4.63	$8,785
Jan 2009	148	1,400	35.86	5.37	$12,827
Dec 2008	191	1,361	37.10	5.98	$15,221
Nov 2008	102	1,418	55.49	6.86	$15,388
Oct 2008	110	1,489	75.24	6.92	$18,583
Sep 2008	236	1,492	101.76	7.88	$35,768
Aug 2008	142	1,583	114.22	8.48	$29,648
Jul 2008	159	1,532	131.08	11.39	$38,290
Jun 2008	408	1,689	131.33	13.03	$75,595
May 2008	127	1,570	123.17	11.57	$33,814
Apr 2008	303	1,538	110.31	10.45	$49,504
Mar 2008	178	1,485	101.90	9.66	$32,489
Feb 2008	341	1,664	92.53	8.77	$46,147
Jan 2008	317	1,887	90.38	8.21	$44,135
Dec 2007	413	1,836	88.33	7.30	$49,887
Nov 2007	222	2,004	91.67	7.29	$34,963
Oct 2007	418	2,285	82.85	6.92	$50,448
Sep 2007	294	2,230	75.84	6.24	$36,221
Aug 2007	416	2,474	69.06	6.39	$44,533
Jul 2007	676	2,591	70.90	6.39	$64,480
Jun 2007	473	2,899	62.00	7.55	$51,209
May 2007	710	3,200	58.74	7.85	$66,814
Apr 2007	650	2,997	59.61	7.81	$62,139
Mar 2007	410	2,569	56.92	7.30	$42,096
Feb 2007	597	1,933	55.10	8.22	$48,776
Jan 2007	589	1,757	50.30	6.73	$41,446
Dec 2006	561	783	56.65	6.92	$37,198
Nov 2006	507	816	54.20	7.62	$33,695
Oct 2006	187	778	54.90	6.01	$14,945
Sep 2006	865	743	60.08	5.04	$55,712
Aug 2006	322	808	68.71	7.34	$28,055
Jul 2006	349	557	69.37	6.34	$27,743
Jun 2006	637	394	66.28	6.38	$44,736
May 2006	689	667	66.01	6.42	$49,766
Apr 2006	743	729	64.39	7.36	$53,208
Mar 2006	535	524	56.70	7.08	$34,046
Feb 2006	530	525	57.59	7.75	$34,592
Jan 2006	1,102	510	60.59	8.93	$71,326
Dec 2005	798	519	54.94	13.42	$50,805
Nov 2005	1,041	439	54.69	10.59	$61,581
Oct 2005	791	419	58.34	13.80	$51,927
Sep 2005	1,329	457	61.45	12.08	$87,187
Aug 2005	986	501	61.51	9.80	$65,557
Jul 2005	202	0	55.69	7.84	$11,249

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.

Sep 2019 — as filed, then multipliedworked

Oil                    6 bbl  × $ 55.05 =       $330
Casinghead gas       370 Mcf  × $  2.66 =       $983

────────────────────────────────────────────────────
Month total                                   $1,313

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. 08/O/37869 is the state's own key, not one this site invented.