MARTIN-HYPONEX UNIT

Name: MARTIN-HYPONEX UNIT lease production and value, Apr 2006 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SAUDER MANAGEMENT COMPANY (P-5 748782) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 217833District 09Field 65280200CondensateGasSave Export

Value, all time

$3.1 M

Apr 2006 – Feb 2023

Value, last 12 filed months

at the published price for each month

Months reported

203

no gaps in the span

Streams

condensate, gas

The NEWARK, EAST (BARNETT SHALE) 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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered

1981-10-15

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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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
Condensate	Disposition	1,503 bbl	$104,459
Gas	Production	562,654 Mcf	$2,980,460
Total			$3,084,919

Every month this lease reported (203)

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

203 months


Feb 2023	0	0	75.11	2.47	$0
Jan 2023	0	0	76.53	3.39	$0
Dec 2022	0	0	76.41	5.73	$0
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	0	0	87.18	5.86	$0
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	0	0	101.58	7.54	$0
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	18	77.43	5.24	$94
Oct 2021	0	117	79.79	5.71	$669
Sep 2021	0	70	69.86	5.35	$375
Aug 2021	0	97	66.02	4.22	$409
Jul 2021	0	150	70.78	3.98	$597
Jun 2021	0	91	69.49	3.38	$308
May 2021	0	119	63.48	3.02	$359
Apr 2021	0	113	60.36	2.76	$312
Mar 2021	0	130	61.30	2.72	$353
Feb 2021	0	80	57.80	5.55	$444
Jan 2021	0	145	50.41	2.81	$407
Dec 2020	0	151	44.64	2.68	$404
Nov 2020	0	138	38.77	2.71	$374
Oct 2020	0	150	36.97	2.48	$372
Sep 2020	0	81	37.09	1.99	$161
Aug 2020	0	113	39.98	2.39	$270
Jul 2020	0	276	38.37	1.83	$504
Jun 2020	0	279	34.90	1.69	$472
May 2020	0	275	16.92	1.81	$499
Apr 2020	0	123	14.75	1.80	$222
Mar 2020	0	118	30.34	1.86	$219
Feb 2020	0	103	49.88	1.98	$204
Jan 2020	0	188	57.25	2.09	$394
Dec 2019	0	147	59.01	2.30	$339
Nov 2019	0	182	55.30	2.75	$501
Oct 2019	0	305	53.47	2.42	$738
Sep 2019	0	293	55.05	2.66	$779
Aug 2019	0	171	53.11	2.30	$394
Jul 2019	0	235	56.27	2.46	$578
Jun 2019	0	143	52.78	2.49	$356
May 2019	0	341	58.48	2.74	$934
Apr 2019	0	315	62.63	2.75	$866
Mar 2019	0	254	56.80	3.06	$778
Feb 2019	0	322	50.85	2.79	$899
Jan 2019	0	344	46.03	3.23	$1,110
Dec 2018	0	412	46.59	4.19	$1,724
Nov 2018	0	624	52.93	4.24	$2,644
Oct 2018	0	827	61.44	3.40	$2,810
Sep 2018	0	836	59.54	3.11	$2,598
Aug 2018	0	1,359	59.40	3.07	$4,167
Jul 2018	0	1,108	65.14	2.93	$3,249
Jun 2018	0	889	60.18	3.08	$2,735
May 2018	0	1,402	65.38	2.90	$4,067
Apr 2018	0	1,741	63.84	2.90	$5,050
Mar 2018	0	1,021	61.22	2.79	$2,845
Feb 2018	0	1,271	61.78	2.77	$3,516
Jan 2018	0	1,125	62.87	4.01	$4,510
Dec 2017	0	2,286	57.27	2.92	$6,679
Nov 2017	0	1,494	55.42	3.12	$4,659
Oct 2017	0	1,748	49.29	2.98	$5,215
Sep 2017	0	1,661	47.52	3.09	$5,128
Aug 2017	0	1,805	45.37	3.00	$5,423
Jul 2017	0	1,701	43.87	3.09	$5,251
Jun 2017	0	1,656	42.49	3.09	$5,113
May 2017	0	2,040	45.37	3.26	$6,657
Apr 2017	0	1,766	47.93	3.21	$5,672
Mar 2017	0	1,764	46.77	2.98	$5,263
Feb 2017	0	1,434	50.45	2.95	$4,234
Jan 2017	191	2,206	49.41	3.42	$16,979
Dec 2016	0	1,634	48.76	3.72	$6,083
Nov 2016	0	1,961	42.49	2.64	$5,186
Oct 2016	0	1,904	46.19	3.09	$5,884
Sep 2016	0	1,816	41.55	3.10	$5,631
Aug 2016	0	1,868	41.44	2.92	$5,463
Jul 2016	0	1,889	41.62	2.92	$5,524
Jun 2016	0	1,966	45.35	2.69	$5,280
May 2016	0	1,992	42.52	1.99	$3,966
Apr 2016	0	1,892	36.56	1.99	$3,767
Mar 2016	0	1,847	33.01	1.79	$3,314
Feb 2016	0	1,876	26.47	2.06	$3,871
Jan 2016	0	1,833	27.35	2.36	$4,334
Dec 2015	0	2,076	32.36	2.00	$4,155
Nov 2015	0	1,832	38.79	2.17	$3,971
Oct 2015	0	1,986	43.55	2.43	$4,819
Sep 2015	0	1,902	42.99	2.76	$5,247
Aug 2015	0	2,006	40.16	2.87	$5,762
Jul 2015	0	2,179	48.15	2.95	$6,417
Jun 2015	0	2,109	56.15	2.88	$6,080
May 2015	0	2,164	55.21	2.96	$6,396
Apr 2015	0	2,113	49.82	2.71	$5,719
Mar 2015	0	2,368	42.89	2.93	$6,949
Feb 2015	0	2,063	44.66	2.98	$6,140
Jan 2015	0	2,157	43.43	3.10	$6,688
Dec 2014	0	2,309	54.69	3.59	$8,292
Nov 2014	0	1,879	70.46	4.25	$7,989
Oct 2014	0	2,235	78.30	3.90	$8,719
Sep 2014	0	2,216	86.16	4.05	$8,965
Aug 2014	0	2,383	89.39	4.04	$9,616
Jul 2014	0	2,422	96.56	4.18	$10,123
Jun 2014	0	2,270	98.16	4.74	$10,753
May 2014	0	2,323	94.73	4.73	$10,980
Apr 2014	0	1,837	95.94	4.81	$8,834
Mar 2014	0	185	95.89	5.06	$936
Feb 2014	0	1,503	97.40	6.19	$9,307
Jan 2014	0	1,319	90.40	4.86	$6,411
Dec 2013	0	1,510	91.82	4.35	$6,575
Nov 2013	0	2,028	88.85	3.74	$7,581
Oct 2013	0	2,500	97.42	3.78	$9,448
Sep 2013	0	1,998	104.11	3.72	$7,428
Aug 2013	0	2,455	104.25	3.52	$8,648
Jul 2013	0	2,398	102.52	3.72	$8,915
Jun 2013	0	2,386	94.40	3.93	$9,385
May 2013	0	2,553	94.83	4.15	$10,593
Apr 2013	0	1,033	93.96	4.28	$4,424
Mar 2013	0	2,149	93.62	3.91	$8,409
Feb 2013	0	2,130	91.23	3.42	$7,284
Jan 2013	0	2,573	91.60	3.42	$8,799
Dec 2012	0	3,090	86.77	3.42	$10,568
Nov 2012	0	2,433	86.95	3.62	$8,820
Oct 2012	0	2,506	89.38	3.40	$8,520
Sep 2012	0	2,537	94.67	2.92	$7,404
Aug 2012	0	2,758	92.66	2.91	$8,021
Jul 2012	0	2,659	85.13	3.02	$8,032
Jun 2012	0	3,111	79.82	2.52	$7,837
May 2012	0	3,166	91.61	2.49	$7,878
Apr 2012	0	2,985	101.65	2.00	$5,960
Mar 2012	0	3,389	105.05	2.22	$7,531
Feb 2012	0	3,422	101.10	2.57	$8,795
Jan 2012	0	4,012	98.09	2.73	$10,969
Dec 2011	0	3,528	96.87	3.24	$11,430
Nov 2011	0	3,486	95.72	3.31	$11,543
Oct 2011	0	3,616	84.98	3.65	$13,193
Sep 2011	0	3,360	83.62	3.99	$13,392
Aug 2011	0	4,054	83.40	4.15	$16,821
Jul 2011	0	4,197	94.14	4.52	$18,959
Jun 2011	0	3,524	92.90	4.64	$16,351
May 2011	0	4,358	98.13	4.40	$19,196
Apr 2011	0	4,171	105.96	4.33	$18,074
Mar 2011	0	4,737	96.36	4.06	$19,220
Feb 2011	0	4,069	85.64	4.18	$17,008
Jan 2011	0	4,885	86.50	4.59	$22,416
Dec 2010	0	5,126	85.73	4.35	$22,287
Nov 2010	0	3,518	80.84	3.80	$13,352
Oct 2010	0	3,832	78.10	3.51	$13,446
Sep 2010	0	3,392	72.63	3.98	$13,498
Aug 2010	0	3,804	73.68	4.42	$16,811
Jul 2010	0	4,094	72.55	4.74	$19,391
Jun 2010	0	3,724	70.36	4.91	$18,286
May 2010	174	3,977	71.12	4.24	$29,218
Apr 2010	0	4,019	81.69	4.12	$16,569
Mar 2010	0	3,807	78.39	4.39	$16,708
Feb 2010	0	3,223	73.58	5.44	$17,541
Jan 2010	0	4,387	74.36	5.96	$26,164
Dec 2009	0	4,074	71.44	5.48	$22,341
Nov 2009	0	6,831	74.59	3.75	$25,627
Oct 2009	0	4,138	72.54	4.11	$17,008
Sep 2009	109	4,107	65.54	3.06	$19,731
Aug 2009	0	4,164	67.42	3.22	$13,402
Jul 2009	0	4,577	61.13	3.46	$15,857
Jun 2009	128	3,940	66.16	3.90	$23,815
May 2009	0	4,222	54.74	3.93	$16,575
Apr 2009	0	4,333	46.77	3.59	$15,545
Mar 2009	75	4,432	42.14	4.06	$21,150
Feb 2009	0	4,107	32.81	4.63	$19,028
Jan 2009	0	4,656	35.86	5.37	$25,007
Dec 2008	0	4,566	37.10	5.98	$27,292
Nov 2008	0	4,874	55.49	6.86	$33,437
Oct 2008	1	4,584	75.24	6.92	$31,806
Sep 2008	1	5,745	101.76	7.88	$45,356
Aug 2008	147	5,976	114.22	8.48	$67,485
Jul 2008	0	5,567	131.08	11.39	$63,405
Jun 2008	1	5,550	131.33	13.03	$72,462
May 2008	1	6,256	123.17	11.57	$72,532
Apr 2008	2	6,313	110.31	10.45	$66,222
Mar 2008	2	6,894	101.90	9.66	$66,828
Feb 2008	1	7,092	92.53	8.77	$62,293
Jan 2008	119	5,336	90.38	8.21	$54,541
Dec 2007	2	4,057	88.33	7.30	$29,801
Nov 2007	1	5,965	91.67	7.29	$43,587
Oct 2007	1	4,769	82.85	6.92	$33,094
Sep 2007	183	6,013	75.84	6.24	$51,425
Aug 2007	0	5,465	69.06	6.39	$34,910
Jul 2007	0	6,996	70.90	6.39	$44,690
Jun 2007	0	5,818	62.00	7.55	$43,917
May 2007	0	7,770	58.74	7.85	$60,966
Apr 2007	0	7,715	59.61	7.81	$60,217
Mar 2007	0	7,192	56.92	7.30	$52,516
Feb 2007	160	5,699	55.10	8.22	$55,639
Jan 2007	0	5,826	50.30	6.73	$39,191
Dec 2006	0	2,892	56.65	6.92	$20,008
Nov 2006	0	8,993	54.20	7.62	$68,504
Oct 2006	0	10,119	54.90	6.01	$60,854
Sep 2006	186	10,478	60.08	5.04	$63,955
Aug 2006	0	13,072	68.71	7.34	$95,947
Jul 2006	0	14,365	69.37	6.34	$91,114
Jun 2006	0	17,172	66.28	6.38	$109,624
May 2006	0	21,912	66.01	6.42	$140,785
Apr 2006	18	696	64.39	7.36	$6,282

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.

Nov 2021 — as filed, then multipliedworked

Condensate             0 bbl  × $ 77.43 =         $0
Gas                   18 Mcf  × $  5.24 =        $94

────────────────────────────────────────────────────
Month total                                      $94

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. 09/G/217833 is the state's own key, not one this site invented.