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CAMPBELL

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the MARTIN (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45588District 08Field 57774275Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$7.2 M
Sep 2014 – May 2026
Value, last 12 filed months
$40 k
at the published price for each month
Months reported
141
no gaps in the span
Streams
2
oil, casinghead gas

The MARTIN (CONSOLIDATED) 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 118 leases and 585 wells, and the rule below applies to all of them.

Discovered
2000-11-20
as the register files it
Field class
Oil and 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 10 acres. The field rule took effect on 2010-06-22.

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: “UNIVERSITY WELL #1 (API #003-00649).”

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
OilDisposition114,988 bbl$6,033,216
Casinghead gasProduction401,144 Mcf$1,200,725
Total$7,233,941

Wells on this lease (3)

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 31.8706, -103.0459. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.87087, -103.04645 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
7,674 ft
3 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.
3100.0%

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 7,615 and 7,680 ft, median 7,674 ft, over the 3 wells that filed a depth.

Completions filed
Apr 2015 – Sep 2019
3 of 3 wells

3 wells

42-4953357627,615 ftSep 2019——
42-4953368147,680 ftSep 2015——
42-4953365537,674 ftApr 2015——

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 (141)

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

141 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026331059.138.00$19,572
Dec 20250056.664.41$0
Nov 2025023658.593.93$927
Oct 2025047159.383.30$1,557
Sep 2025058062.743.08$1,785
Aug 2025014463.933.01$434
Jul 202518850166.743.32$14,208
Jun 2025042966.483.13$1,342
May 2025056260.553.23$1,817
Apr 2025053962.363.54$1,910
Mar 202505867.704.27$248
Feb 20250670.884.34$26
Jan 2025039174.324.28$1,673
Dec 202419173768.993.12$15,478
Nov 202418374569.052.20$14,274
Oct 2024020371.372.28$463
Sep 2024018769.612.36$442
Aug 202418259575.632.06$14,993
Jul 2024049179.932.15$1,054
Jun 202438216378.082.63$30,256
May 2024074778.812.20$1,642
Apr 2024044284.451.66$733
Mar 20241226480.301.55$9,895
Feb 202409876.091.78$175
Jan 2024067573.023.30$2,226
Dec 20233681,29971.262.61$29,615
Nov 2023028377.892.81$795
Oct 2023053785.443.09$1,658
Sep 20231434989.042.74$2,201
Aug 202319411780.522.67$15,934
Jul 2023010474.852.64$275
Jun 202318367768.962.26$14,149
May 202318145470.622.23$13,793
Apr 2023059878.122.24$1,338
Mar 202317291172.852.39$14,710
Feb 20231711,10775.112.47$15,573
Jan 20231811,64976.533.39$19,438
Dec 20221841,37576.415.73$21,937
Nov 20221131,19085.005.65$16,324
Oct 202299087.185.86$8,631
Sep 20220084.888.16$0
Aug 20221821,42094.529.13$30,163
Jul 2022181986101.587.54$25,822
Jun 2022158427115.097.98$21,590
May 20220707109.378.43$5,962
Apr 20222880104.226.84$30,015
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 202178066.024.22$5,150
Jul 20215502,58070.783.98$49,203
Jun 20216592,90069.493.38$55,598
May 20217722,09763.483.02$55,335
Apr 20218113,65260.362.76$59,026
Mar 20216302,24361.302.72$44,713
Feb 202103,03557.805.55$16,838
Jan 20216172,92850.412.81$39,331
Dec 20203202,37444.642.68$20,636
Nov 2020094938.772.71$2,569
Oct 2020011036.972.48$273
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 202031717638.371.83$12,485
Jun 202001,79834.901.69$3,039
May 2020337016.921.81$5,702
Apr 20203784,00314.751.80$12,798
Mar 20201,0785,03330.341.86$42,049
Feb 20201,1082,00749.881.98$59,242
Jan 20201,0883,16457.252.09$68,916
Dec 20191,0714,45259.012.30$73,459
Nov 20192,0418,49555.302.75$136,235
Oct 20191,7939,61953.472.42$119,136
Sep 20191,4059,35655.052.66$102,207
Aug 20192,0796,73953.112.30$125,945
Jul 20191,3863,60256.272.46$86,851
Jun 20191,71910,22052.782.49$116,189
May 20191,73410,22058.482.74$129,410
Apr 20191,7487,07462.632.75$128,936
Mar 20191,4004,16556.803.06$92,274
Feb 20191,4093,73750.852.79$82,082
Jan 20191,3906,34846.033.23$84,474
Dec 20182,1286,32446.594.19$125,612
Nov 20181,0521,55252.934.24$62,259
Oct 20181,2164,60561.443.40$90,359
Sep 20181,2234,28059.543.11$86,120
Aug 20181,0484,05759.403.07$74,692
Jul 20181,3973,49465.142.93$101,245
Jun 20181,9405,44660.183.08$133,506
May 20188757,05265.382.90$77,664
Apr 20181,9467,19663.842.90$145,107
Mar 20181,6116,35961.222.79$116,347
Feb 20181,4255,06061.782.77$102,033
Jan 20181,0754,40362.874.01$85,238
Dec 20171,7644,66157.272.92$114,641
Nov 20171,2565,43455.423.12$86,553
Oct 20171,7816,25449.292.98$106,445
Sep 20171,7566,34447.523.09$103,031
Aug 20172,1836,69045.373.00$119,142
Jul 20171,8215,59143.873.09$97,148
Jun 20172,1777,23642.493.09$114,840
May 20172,7107,99245.373.26$149,034
Apr 20172,3711,33447.933.21$117,926
Mar 20171,3592,16046.772.98$70,005
Feb 20175992,28250.452.95$36,957
Jan 20172012,44449.413.42$18,287
Dec 20169123,80348.763.72$58,627
Nov 20161,5036,38442.492.64$80,744
Oct 20161,5764,57546.193.09$86,933
Sep 20161,7173041.553.10$71,434
Aug 20162,107041.442.92$87,314
Jul 20161,519041.622.92$63,221
Jun 20162,469045.352.69$111,969
May 20162,7052,32142.521.99$119,638
Apr 20164,41814,29836.561.99$189,990
Mar 20161,1583,48433.011.79$44,476
Feb 20161,1832,80726.472.06$37,107
Jan 20161,1372,25627.352.36$36,431
Dec 20151,1131,83332.362.00$39,685
Nov 20154272,81638.792.17$22,667
Oct 20154534,26743.552.43$30,082
Sep 20155545,22542.992.76$38,229
Aug 20158094,90140.162.87$46,568
Jul 20156691,91448.152.95$37,849
Jun 20156795,40456.152.88$53,705
May 20159553,59455.212.96$63,347
Apr 20156104,07249.822.71$41,411
Mar 20151,6247,04642.892.93$90,331
Feb 20151,81410,36044.662.98$111,847
Jan 20151,9699,79843.433.10$115,894
Dec 20143,69014,62054.693.59$254,312
Nov 20143,1389,65570.464.25$262,155
Oct 20143,5179,91878.303.90$314,071
Sep 20141,4831,18386.164.05$132,561

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 2026 — as filed, then multipliedworked
Oil                  331 bbl  × $ 59.13 =    $19,572
Casinghead gas         0 Mcf  × $  8.00 =         $0

────────────────────────────────────────────────────
Month total                                  $19,572

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/45588 is the state's own key, not one this site invented.