MARTIN (SHALLOW)

Operated by N & B OIL AND GAS LLC (P-5 598288) in the WARD-ESTES, NORTH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7357District 08Field 95152001OilCasinghead gasSaveExport
Value, all time
$2.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$47 k
at the published price for each month
Months reported
401
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 98 leases and 4,161 wells, and the rule below applies to all of them.

Discovered
1929-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

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

The Commission's schedule remark for this field reads: EFFECTIVE 11/01/82; ALLOC FORMULA SUSPENDED 9-1-84

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
OilDisposition47,871 bbl$2,619,767
Casinghead gasProduction29,410 Mcf$98,376
Total$2,718,143

48 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 (7)

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 31.4755, -102.9317. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.47680, -102.93188 · 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
28.6%
2 of 7 wells
With a plug date
14.3%
1 of 7 wells
Median depth
2,640 ft
6 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
228.6%
A plug date is filed
114.3%
BothOn the schedule and plugged. Neither fact cancels the other.
114.3%
NeitherNo plug date, and not on the schedule.
571.4%

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 2,533 and 9,710 ft, median 2,640 ft, over the 6 wells that filed a depth.

Completions filed
Nov 1956 – Feb 2012
6 of 7 wells; 1 filed none
Plug dates filed
Oct 2024
1 of 7 wells; 6 filed none

7 wells

42-475043503W2,533 ftOct 2024Yes
42-47535911222,655 ftFeb 2012
42-47535912212,625 ftNov 2011
42-47535641202,620 ftJan 2011
42-4753083519,710 ftJun 1986Yes
42-4753101049,395 ftJul 1977
42-475043536Nov 1956

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 (401)

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

401 months

May 202616411106.413.05$17,485
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20261752163.503.75$11,191
Jan 202602559.138.00$200
Dec 202503156.664.41$137
Nov 202508258.593.93$322
Oct 202503359.383.30$109
Sep 20251482162.743.08$9,350
Aug 202506663.933.01$199
Jul 20251181266.743.32$7,915
Jun 202501666.483.13$50
May 20251566460.553.23$9,653
Apr 202502062.363.54$71
Mar 202506467.704.27$273
Feb 20251662670.884.34$11,879
Jan 202505474.324.28$231
Dec 202408968.993.12$278
Nov 20241754769.052.20$12,187
Oct 202404971.372.28$112
Sep 202405169.612.36$121
Aug 2024017775.632.06$365
Jul 20241706879.932.15$13,734
Jun 2024012078.082.63$316
May 20241658578.812.20$13,191
Apr 202403884.451.66$63
Mar 202403980.301.55$60
Feb 20241543576.091.78$11,780
Jan 202403473.023.30$112
Dec 202304671.262.61$120
Nov 20231785677.892.81$14,022
Oct 202307985.443.09$244
Sep 20231726189.042.74$15,482
Aug 202306380.522.67$168
Jul 2023013174.852.64$346
Jun 20231474668.962.26$10,241
May 202307470.622.23$165
Apr 202304978.122.24$110
Mar 202305772.852.39$136
Feb 202316910575.112.47$12,952
Jan 2023011876.533.39$400
Dec 202205476.415.73$309
Nov 20221634985.005.65$14,132
Oct 202206687.185.86$387
Sep 202206384.888.16$514
Aug 2022013994.529.13$1,269
Jul 202217458101.587.54$18,112
Jun 2022092115.097.98$734
May 2022175108109.378.43$20,051
Apr 20220103104.226.84$704
Mar 202217666108.885.08$19,498
Feb 202206691.054.86$321
Jan 20221698481.844.54$14,212
Dec 202105271.323.90$203
Nov 202106877.435.24$356
Oct 202117916279.795.71$15,208
Sep 202105469.865.35$289
Aug 202117524066.024.22$12,566
Jul 202105570.783.98$219
Jun 202115510269.493.38$11,116
May 202109363.483.02$281
Apr 202116733960.362.76$11,015
Mar 2021043961.302.72$1,193
Feb 20211626857.805.55$9,741
Jan 202108450.412.81$236
Dec 202009944.642.68$265
Nov 20201663638.772.71$6,533
Oct 202007336.972.48$181
Sep 202006037.091.99$119
Aug 2020022639.982.39$539
Jul 202016329838.371.83$6,798
Jun 2020032534.901.69$549
May 202017519016.921.81$3,306
Apr 2020016714.751.80$301
Mar 2020019130.341.86$355
Feb 202017514949.881.98$9,024
Jan 202017714857.252.09$10,443
Dec 2019020359.012.30$468
Nov 201916937555.302.75$10,377
Oct 2019017553.472.42$423
Sep 201915419755.052.66$9,001
Aug 201917720753.112.30$9,877
Jul 2019023256.272.46$571
Jun 201916418452.782.49$9,114
May 2019016558.482.74$452
Apr 201917522662.632.75$11,582
Mar 201918120256.803.06$10,899
Feb 2019012550.852.79$349
Jan 201917418846.033.23$8,616
Dec 201817616146.594.19$8,874
Nov 2018014352.934.24$606
Oct 201817111261.443.40$10,887
Sep 20181794759.543.11$10,804
Aug 20180059.403.07$0
Jul 2018179865.142.93$11,684
Jun 2018010460.183.08$320
May 201816710865.382.90$11,232
Apr 201817811163.842.90$11,686
Mar 201809961.222.79$276
Feb 20181749461.782.77$11,010
Jan 20181768862.874.01$11,418
Dec 201717710757.272.92$10,449
Nov 2017013355.423.12$415
Oct 20171725849.292.98$8,651
Sep 201717611347.523.09$8,712
Aug 201716814645.373.00$8,061
Jul 2017014643.873.09$451
Jun 201716610842.493.09$7,387
May 201718313845.373.26$8,753
Apr 201716115147.933.21$8,202
Mar 201717715246.772.98$8,732
Feb 201707950.452.95$233
Jan 201715513449.413.42$8,117
Dec 201617712348.763.72$9,088
Nov 2016015342.492.64$405
Oct 201617315046.193.09$8,454
Sep 20161746441.553.10$7,428
Aug 201617114941.442.92$7,522
Jul 2016022341.622.92$652
Jun 201616610445.352.69$7,807
May 201617315242.521.99$7,659
Apr 201617312836.561.99$6,580
Mar 201615917933.011.79$5,570
Feb 2016017726.472.06$365
Jan 201616611027.352.36$4,800
Dec 201517414232.362.00$5,915
Nov 201516815238.792.17$6,846
Oct 201515112443.552.43$6,877
Sep 201517413842.992.76$7,861
Aug 2015017640.162.87$506
Jul 201517521648.152.95$9,062
Jun 201517518756.152.88$10,365
May 20151755255.212.96$9,815
Apr 2015011349.822.71$306
Mar 20151667942.892.93$7,352
Feb 20151758244.662.98$8,060
Jan 20151788043.433.10$7,979
Dec 2014012254.693.59$438
Nov 201417612570.464.25$12,932
Oct 201416110178.303.90$13,000
Sep 201408386.164.05$336
Aug 201416118089.394.04$15,118
Jul 201417118896.564.18$17,298
Jun 201415913398.164.74$16,237
May 201414816894.734.73$14,814
Apr 201417811395.944.81$17,621
Mar 201418019195.895.06$18,226
Feb 201417715397.406.19$18,187
Jan 201417813090.404.86$16,723
Dec 201318213091.824.35$17,277
Nov 201317815288.853.74$16,384
Oct 201316018597.423.78$16,286
Sep 2013173143104.113.72$18,543
Aug 2013174202104.253.52$18,851
Jul 2013175271102.523.72$18,949
Jun 201317531794.403.93$17,767
May 201317332994.834.15$17,771
Apr 201318322593.964.28$18,158
Mar 201317632993.623.91$17,764
Feb 201316731791.233.42$16,320
Jan 201318233291.603.42$17,807
Dec 201233837786.773.42$30,618
Nov 201217639386.953.62$16,728
Oct 201236029489.383.40$33,176
Sep 201217935094.672.92$17,967
Aug 201235345292.662.91$34,023
Jul 201233641685.133.02$29,860
Jun 201234842479.822.52$28,845
May 201235330591.612.49$33,097
Apr 2012711480101.652.00$73,232
Mar 2012356738105.052.22$39,038
Feb 2012178513101.102.57$19,314
Jan 201218315198.092.73$18,363
Dec 2011028696.873.24$927
Nov 201117324795.723.31$17,377
Oct 2011041484.983.65$1,511
Sep 201117238183.623.99$15,901
Aug 201117044383.404.15$16,016
Jul 201116821294.144.52$16,773
Jun 2011023092.904.64$1,067
May 201117824298.134.40$18,533
Apr 2011164274105.964.33$18,565
Mar 201117338196.364.06$18,216
Feb 201133955285.644.18$31,339
Jan 201114181986.504.59$15,955
Dec 2010177185.734.35$15,179
Nov 20100180.843.80$4
Oct 2010171178.103.51$13,359
Sep 2010178172.633.98$12,932
Aug 2010170173.684.42$12,530
Jul 20100172.554.74$5
Jun 2010176170.364.91$12,388
May 2010168171.124.24$11,952
Apr 2010176181.694.12$14,382
Mar 20100178.394.39$4
Feb 2010169173.585.44$12,440
Jan 2010174174.365.96$12,945
Dec 2009170171.445.48$12,150
Nov 2009177174.593.75$13,206
Oct 2009167172.544.11$12,118
Sep 2009175165.543.06$11,473
Aug 20090167.423.22$3
Jul 2009162161.133.46$9,907
Jun 2009149166.163.90$9,862
May 2009159154.743.93$8,708
Apr 2009166146.773.59$7,767
Mar 2009161142.144.06$6,789
Feb 2009171132.814.63$5,615
Jan 2009175135.865.37$6,281
Dec 2008166137.105.98$6,165
Nov 2008175155.496.86$9,718
Oct 20080175.246.92$7
Sep 20081771101.767.88$18,019
Aug 20081771114.228.48$20,225
Jul 20081761131.0811.39$23,081
Jun 20081731131.3313.03$22,733
May 200801123.1711.57$12
Apr 20081441110.3110.45$15,895
Mar 20081551101.909.66$15,804
Feb 2008325192.538.77$30,081
Jan 20080190.388.21$8
Dec 2007349188.337.30$30,834
Nov 20070191.677.29$7
Oct 2007164182.856.92$13,594
Sep 2007165175.846.24$12,520
Aug 2007176169.066.39$12,161
Jul 2007172170.906.39$12,201
Jun 2007175162.007.55$10,858
May 2007166158.747.85$9,759
Apr 2007170159.617.81$10,142
Mar 2007172156.927.30$9,798
Feb 2007170155.108.22$9,375
Jan 2007169150.306.73$8,507
Dec 2006176156.656.92$9,977
Nov 2006176154.207.62$9,547
Oct 20060154.906.01$6
Sep 2006166160.085.04$9,978
Aug 2006156168.717.34$10,726
Jul 2006161169.376.34$11,175
Jun 2006174166.286.38$11,539
May 2006173166.016.42$11,426
Apr 2006173164.397.36$11,147
Mar 2006169156.707.08$9,589
Feb 20060157.597.75$8
Jan 2006169160.598.93$10,249
Dec 2005176154.9413.42$9,683
Nov 2005180154.6910.59$9,855
Oct 2005174158.3413.80$10,165
Sep 2005166161.4512.08$10,213
Aug 2005164161.519.80$10,097
Jul 2005176155.697.84$9,809
Jun 20050152.337.38$7
May 2005172145.226.65$7,784
Apr 20050149.207.36$7
Mar 2005171150.377.15$8,620
Feb 2005177145.226.31$8,010
Jan 20050143.166.32$6
Dec 2004175139.866.75$6,982
Nov 2004170145.286.33$7,704
Oct 2004177149.706.52$8,803
Sep 20040143.245.28$5
Aug 2004170142.375.55$7,208
Jul 20040138.286.08$6
Jun 20040136.106.43$6
May 2004184137.486.49$6,903
Apr 20040134.475.86$6
Mar 20040134.365.53$6
Feb 2004174132.455.51$5,652
Jan 20040132.036.30$6
Dec 20030130.266.30$6
Nov 2003175128.804.60$5,045
Oct 20030128.174.76$5
Sep 20030126.314.75$5
Aug 2003169129.765.13$5,035
Jul 20030129.415.17$5
Jun 2003167128.565.98$4,776
May 20030126.595.97$6
Apr 20030126.675.41$5
Mar 2003161131.146.10$5,020
Feb 20030133.487.93$8
Jan 2003181130.315.58$5,492
Dec 20020126.914.85$5
Nov 2002182124.664.14$4,492
Oct 20020126.464.23$4
Sep 20020127.443.64$4
Aug 2002173125.963.16$4,494
Jul 20020124.583.06$3
Jun 2002153123.733.34$3,634
May 20020124.663.58$4
Apr 2002161123.653.51$3,811
Mar 2002165122.003.10$3,633
Feb 20020118.222.38$2
Jan 2002174117.172.38$2,990
Dec 20010116.932.36$2
Nov 2001159118.072.41$2,876
Oct 20010119.782.53$3
Sep 2001171124.262.25$4,151
Aug 20010124.873.05$3
Jul 2001166123.933.20$3,976
Jun 2001166124.563.82$4,081
May 20010125.524.31$4
Apr 2001168124.685.34$4,152
Mar 20010124.545.38$5
Feb 2001178127.755.77$4,945
Jan 20010127.478.40$8
Dec 2000168126.889.12$4,525
Nov 2000169132.215.66$5,449
Oct 20000131.235.15$5
Sep 2000166131.875.19$5,296
Aug 2000177129.644.54$5,251
Jul 20000128.534.09$4
Jun 2000174129.304.40$5,103
May 2000178127.263.68$4,856
Apr 20000124.513.12$3
Mar 2000173128.422.86$4,920
Feb 20000127.622.73$3
Jan 2000167125.272.48$4,223
Dec 1999167124.282.42$4,057
Nov 1999165123.192.43$3,829
Oct 1999182120.982.80$3,821
Sep 19990121.752.62$3
Aug 1999174119.262.88$3,354
Jul 1999176117.892.37$3,151
Jun 19990115.942.36$2
May 1999176115.792.32$2,781
Apr 1999180115.102.21$2,720
Mar 19990112.471.84$2
Feb 199917819.981.82$1,778
Jan 19990110.381.90$2
Dec 199817919.201.77$1,649
Nov 1998178110.892.19$1,941
Oct 19980112.421.97$2
Sep 1998171112.592.08$2,155
Aug 1998177111.301.91$2,002
Jul 19980111.742.24$2
Jun 1998176111.242.24$1,980
May 19980112.622.21$2
Apr 1998178113.042.51$2,324
Mar 1998172112.802.31$2,204
Feb 19980113.952.30$2
Jan 1998177114.702.15$2,604
Dec 1997175116.322.41$2,858
Nov 19970118.193.09$3
Oct 1997169119.253.15$3,256
Sep 1997166117.742.95$2,948
Aug 19970117.862.55$3
Jul 1997178117.582.25$3,131
Jun 19970117.242.26$2
May 1997164118.972.31$3,113
Apr 1997183117.882.08$3,274
Mar 19970118.951.94$2
Feb 1997177120.492.21$3,629
Jan 1997173123.483.54$4,066
Dec 19960123.32$0
Nov 1996177121.97$3,889
Oct 19960123.31$0
Sep 1996162122.22$3,600
Aug 1996183120.26$3,708
Jul 19960119.55$0
Jun 1996180118.73$3,371
May 1996188119.43$3,653
Apr 1996181121.51$3,893
Mar 19960119.38$0
Feb 1996179116.98$3,039
Jan 19960117.07$0
Dec 1995177117.19$3,043
Nov 1995171116.00$2,736
Oct 19950115.43$0
Sep 1995182116.18$2,945
Aug 19950115.92$0
Jul 1995183115.24$2,789
Jun 19950116.41$0
May 1995170117.56$2,985
Apr 1995167117.73$2,961
Mar 19950116.44$0
Feb 1995167116.58$2,769
Jan 1995164115.92$2,611
Dec 1994170115.03$2,555
Nov 19940115.90$0
Oct 1994159115.58$2,477
Sep 1994179115.29$2,737
Aug 19940116.13$0
Jul 1994176117.56$3,091
Jun 1994136117.09$2,324
May 1994171115.88$2,715
Apr 1994167114.14$2,361
Mar 1994184112.46$2,293
Feb 1994172112.50$2,150
Jan 1994164112.66$2,076
Dec 1993158112.33$1,948
Nov 1993174114.49$2,521
Oct 1993161115.85$2,552
Sep 1993172115.03$2,585
Aug 1993180115.66$2,819
Jul 1993169115.46$2,613
Jun 1993183116.79$3,073
May 1993163117.68$2,882
Apr 1993177118.05$3,195
Mar 1993174118.14$3,156
Feb 1993165117.90$2,954
Jan 1993332116.93$5,621

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                  164 bbl  × $106.41 =    $17,451
Casinghead gas        11 Mcf  × $  3.05 =        $34

────────────────────────────────────────────────────
Month total                                  $17,485

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/7357 is the state's own key, not one this site invented.