MARTIN WEST

Operated by WALSH & WATTS, INC. (P-5 895060) in the GARDEN CITY, S. (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 56095District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$30.2 M
Jul 2021 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
59
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 512 leases and 922 wells, and the rule below applies to all of them.

Discovered
1964-03-12
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 2014-05-22.

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: COMMINGLING FEE. GRANTED PER DOCKET #08-0287087.

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
OilDisposition304,787 bbl$24,793,703
Casinghead gasProduction1,298,307 Mcf$5,438,765
Total$30,232,468

Every month this lease reported (59)

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

59 months

May 20261,05315,021106.413.05$157,801
Apr 20261,07614,42698.932.87$147,847
Mar 20261,07314,82589.753.15$142,992
Feb 20261,46713,80663.503.75$144,931
Jan 20261,07615,20759.138.00$185,248
Dec 20251,41815,78556.664.41$150,009
Nov 20251,08415,49958.593.93$124,367
Oct 20251,42116,47459.383.30$138,823
Sep 20251,07716,42762.743.08$118,116
Aug 20251,78816,90063.933.01$165,256
Jul 20251,45516,82866.743.32$152,895
Jun 20251,77115,91466.483.13$167,527
May 20251,79515,30560.553.23$158,158
Apr 20257308,58562.363.54$75,940
Mar 20251,2158,62967.704.27$119,087
Feb 20251,42912,98470.884.34$157,649
Jan 20251,55314,00274.324.28$175,329
Dec 20241,74016,06668.993.12$170,191
Nov 20241,42815,82969.052.20$133,403
Oct 20242,07316,37571.372.28$185,308
Sep 20241,76416,13269.612.36$160,934
Aug 20242,09917,17775.632.06$194,194
Jul 20242,13017,02179.932.15$206,788
Jun 20242,11917,22178.082.63$210,811
May 20242,46817,54378.812.20$233,070
Apr 20242,83417,19584.451.66$267,861
Mar 20242,85917,37680.301.55$256,426
Feb 20242,90716,42076.091.78$250,481
Jan 20241,76712,30173.023.30$169,591
Dec 20231,78512,34871.262.61$159,436
Nov 20232,86128,27877.892.81$302,235
Oct 20233,23729,99285.443.09$369,163
Sep 20233,60830,52689.042.74$404,746
Aug 20233,40932,05480.522.67$360,169
Jul 20234,10933,05374.852.64$394,878
Jun 20233,62531,21668.962.26$320,481
May 20234,27731,74370.622.23$372,746
Apr 20234,32229,47278.122.24$403,586
Mar 20234,35629,34772.852.39$387,567
Feb 20234,69226,40975.112.47$417,532
Jan 20234,32629,48776.533.39$430,962
Dec 20225,42930,07676.415.73$587,138
Nov 20225,62628,89385.005.65$641,346
Oct 20226,10327,77787.185.86$694,937
Sep 20226,83232,50584.888.16$845,261
Aug 20226,83232,82594.529.13$945,360
Jul 20227,51730,394101.587.54$992,811
Jun 20228,33030,278115.097.98$1,200,233
May 20229,11832,886109.378.43$1,274,565
Apr 202210,72531,904104.226.84$1,335,906
Mar 202211,38531,811108.885.08$1,401,084
Feb 202212,54128,26691.054.86$1,279,198
Jan 202215,60431,42981.844.54$1,419,646
Dec 202117,33432,15171.323.90$1,361,621
Nov 202118,99629,48377.435.24$1,625,258
Oct 202121,67829,23379.795.71$1,896,721
Sep 202122,50625,73869.865.35$1,709,991
Aug 202120,12220,70266.024.22$1,415,829
Jul 20214,8334,75870.783.98$361,026

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
Oil                1,053 bbl  × $106.41 =   $112,050
Casinghead gas    15,021 Mcf  × $  3.05 =    $45,752

────────────────────────────────────────────────────
Month total                                 $157,801

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/56095 is the state's own key, not one this site invented.