MARTIN 40

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45796District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$4.2 M
Jul 2014 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
143
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
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 80 acres. The field rule took effect on 2018-02-13.

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.

StreamBasisVolumeValue
OilDisposition61,755 bbl$3,592,626
Casinghead gasProduction188,390 Mcf$579,237
Total$4,171,863

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 32.1776, -101.8433. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17764, -101.84331 · 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
11,637 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 11,637 ft.

Completions filed
Mar 2022
1 of 1 wells

1 well

42-31738525211,637 ftMar 2022

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 (143)

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

143 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
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 202567270.884.34$4,758
Jan 20250074.324.28$0
Dec 20241781668.993.12$12,330
Nov 202403069.052.20$66
Oct 202402571.372.28$57
Sep 20240469.612.36$9
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 202402178.082.63$55
May 20240378.812.20$7
Apr 2024174084.451.66$14,694
Mar 2024171080.301.55$13,731
Feb 20240076.091.78$0
Jan 2024172073.023.30$12,559
Dec 2023362071.262.61$25,796
Nov 20231682677.892.81$13,159
Oct 20231773685.443.09$15,234
Sep 20231698489.042.74$15,278
Aug 2023022580.522.67$601
Jul 20230074.852.64$0
Jun 2023117068.962.26$8,068
May 202354472570.622.23$40,032
Apr 202339759978.122.24$32,354
Mar 202308272.852.39$196
Feb 20237621,28575.112.47$60,402
Jan 20235121,58076.533.39$44,536
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20221585287.185.86$14,079
Sep 202215924784.888.16$15,512
Aug 202237460594.529.13$40,872
Jul 20220163101.587.54$1,229
Jun 2022305586115.097.98$39,777
May 20227981,932109.378.43$103,570
Apr 20227672,587104.226.84$97,626
Mar 20221,1382,088108.885.08$134,505
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 202102271.323.90$86
Nov 2021015077.435.24$786
Oct 2021015579.795.71$886
Sep 202109569.865.35$508
Aug 2021010266.024.22$431
Jul 20210070.783.98$0
Jun 20210869.493.38$27
May 202105863.483.02$175
Apr 202136434760.362.76$22,928
Mar 20211814461.302.72$11,215
Feb 2021018957.805.55$1,049
Jan 202101250.412.81$34
Dec 202002144.642.68$56
Nov 20201331438.772.71$5,194
Oct 202017932036.972.48$7,411
Sep 2020011037.091.99$219
Aug 20201705139.982.39$6,918
Jul 2020040638.371.83$741
Jun 202052662734.901.69$19,417
May 2020018216.921.81$330
Apr 202017449314.751.80$3,456
Mar 20201737230.341.86$5,382
Feb 2020029649.881.98$586
Jan 202035428357.252.09$20,859
Dec 201969548459.012.30$42,127
Nov 201934946755.302.75$20,584
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 201901353.112.30$30
Jul 201969226056.272.46$39,578
Jun 20193341,33352.782.49$20,949
May 20194172,08858.482.74$30,108
Apr 20195071,65662.632.75$36,309
Mar 20194131,98956.803.06$29,549
Feb 20195511,82250.852.79$33,106
Jan 20197161,70146.033.23$38,449
Dec 20183501,48746.594.19$22,530
Nov 201834539352.934.24$19,926
Oct 20184991,09161.443.40$34,366
Sep 20186099059.543.11$36,540
Aug 20187991,30859.403.07$51,472
Jul 20185362,59365.142.93$42,517
Jun 20186007,04760.183.08$57,791
May 20187017,74665.382.90$68,301
Apr 20186366,81663.842.90$60,374
Mar 20186506,21161.222.79$57,102
Feb 20186396,03661.782.77$56,174
Jan 20186558,83962.874.01$76,618
Dec 20177059,00857.272.92$66,692
Nov 20177994,00155.423.12$56,757
Oct 20175171,36149.292.98$29,544
Sep 201748558747.523.09$24,859
Aug 201766859145.373.00$32,083
Jul 20177031,14643.873.09$34,379
Jun 20175191,40042.493.09$26,375
May 201736529345.373.26$17,516
Apr 201748630547.933.21$24,274
Mar 20173344246.772.98$15,746
Feb 201738066150.452.95$21,123
Jan 20176071,06149.413.42$33,619
Dec 20166621,36948.763.72$37,376
Nov 20164701,00342.492.64$22,623
Oct 20167381,46046.193.09$38,600
Sep 20165061,83741.553.10$26,720
Aug 20168253,07441.442.92$43,177
Jul 20165473,38041.622.92$32,650
Jun 20161,1903,42145.352.69$63,155
May 20165764,02942.521.99$32,513
Apr 20161,0954,14336.561.99$48,282
Mar 20168563,94933.011.79$35,341
Feb 20169814,47726.472.06$35,206
Jan 20161,2413,76827.352.36$42,850
Dec 20156791,67732.362.00$25,329
Nov 20158334,34338.792.17$41,725
Oct 20159035,35243.552.43$52,313
Sep 20151,0545,27642.992.76$59,865
Aug 20151,4444,11540.162.87$69,811
Jul 20151,4326,95648.152.95$89,437
Jun 20151,0054,00956.152.88$67,988
May 20151,6024,03555.212.96$100,372
Apr 20155672,12349.822.71$33,994
Mar 20151,3801,91442.892.93$64,805
Feb 20151,1292,99044.662.98$59,320
Jan 20152,03353743.433.10$89,958
Dec 20141,1963,92654.693.59$79,509
Nov 20141,8552,10770.464.25$139,662
Oct 20141,78780178.303.90$143,047
Sep 20141,2812,01686.164.05$118,527
Aug 20141,7481,22589.394.04$161,197
Jul 20141,9569296.564.18$189,256

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.

Feb 2025 — as filed, then multipliedworked
Oil                   67 bbl  × $ 70.88 =     $4,749
Casinghead gas         2 Mcf  × $  4.34 =         $9

────────────────────────────────────────────────────
Month total                                   $4,758

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/45796 is the state's own key, not one this site invented.