MARTIN

Operated by SHIDLER, MARK L., INC. (P-5 776590) 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 246669District 09Field 65280200GasSaveExport
Value, all time
$1.6 M
Aug 2006 – Apr 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
165
no gaps in the span
Streams
1
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 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.

StreamBasisVolumeValue
GasProduction317,349 Mcf$1,615,473
Total$1,615,473

Every month this lease reported (165)

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

165 months

Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019450.852.79$11
Jan 201945046.033.23$1,453
Dec 20182,42046.594.19$10,129
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 201893661.222.79$2,608
Feb 201848661.782.77$1,344
Jan 2018162.874.01$4
Dec 201791357.272.92$2,667
Nov 201724255.423.12$755
Oct 20172,00249.292.98$5,973
Sep 20172,07747.523.09$6,412
Aug 20172,27645.373.00$6,838
Jul 20171,91443.873.09$5,909
Jun 20175942.493.09$182
May 20171,26745.373.26$4,135
Apr 201713647.933.21$437
Mar 20171,07346.772.98$3,201
Feb 20171,35250.452.95$3,992
Jan 20171,65349.413.42$5,651
Dec 20161,53848.763.72$5,726
Nov 20161,72042.492.64$4,548
Oct 20161,75046.193.09$5,408
Sep 20161,78841.553.10$5,544
Aug 20161,85141.442.92$5,413
Jul 20161,75941.622.92$5,144
Jun 20161,73645.352.69$4,663
May 20161,88642.521.99$3,755
Apr 20161,80636.561.99$3,596
Mar 20161,96733.011.79$3,529
Feb 20161,59826.472.06$3,298
Jan 20161,42127.352.36$3,360
Dec 20151,61132.362.00$3,224
Nov 20151,75038.792.17$3,793
Oct 20151,86843.552.43$4,533
Sep 20151,77642.992.76$4,899
Aug 20151,76740.162.87$5,076
Jul 20151,88148.152.95$5,540
Jun 20151,82456.152.88$5,258
May 20151,84155.212.96$5,441
Apr 20151,88949.822.71$5,113
Mar 20151,41942.892.93$4,164
Feb 20151,62044.662.98$4,821
Jan 20152,09843.433.10$6,505
Dec 20141,29054.693.59$4,633
Nov 20141,59370.464.25$6,773
Oct 20142,01778.303.90$7,868
Sep 20141,85886.164.05$7,516
Aug 20141,97289.394.04$7,957
Jul 20141,60296.564.18$6,696
Jun 20141,83298.164.74$8,678
May 20142,19294.734.73$10,361
Apr 20142,01095.944.81$9,666
Mar 20142,08695.895.06$10,548
Feb 20141,64797.406.19$10,198
Jan 20141,48690.404.86$7,223
Dec 20131,84791.824.35$8,043
Nov 20131,90288.853.74$7,110
Oct 20132,15297.423.78$8,133
Sep 20131,988104.113.72$7,391
Aug 20132,011104.253.52$7,084
Jul 20132,060102.523.72$7,659
Jun 20132,13994.403.93$8,414
May 20131,86094.834.15$7,717
Apr 20132,13993.964.28$9,160
Mar 20131,98193.623.91$7,751
Feb 20132,10791.233.42$7,206
Jan 20132,54591.603.42$8,704
Dec 20122,55186.773.42$8,725
Nov 20122,75186.953.62$9,972
Oct 20121,48089.383.40$5,032
Sep 20121,19694.672.92$3,490
Aug 20121,20592.662.91$3,504
Jul 20121,52785.133.02$4,613
Jun 20121,11279.822.52$2,801
May 20121,00691.612.49$2,503
Apr 20121,542101.652.00$3,079
Mar 20121,606105.052.22$3,569
Feb 20121,567101.102.57$4,028
Jan 20121,45798.092.73$3,984
Dec 201197296.873.24$3,149
Nov 20111,75595.723.31$5,811
Oct 201199784.983.65$3,638
Sep 20111,92783.623.99$7,681
Aug 20111,87183.404.15$7,763
Jul 201194094.144.52$4,246
Jun 20111,38192.904.64$6,408
May 20111,49698.134.40$6,590
Apr 20111,319105.964.33$5,716
Mar 20111,31296.364.06$5,323
Feb 20111,53885.644.18$6,429
Jan 20111,94186.504.59$8,907
Dec 20101,13785.734.35$4,943
Nov 20101,00780.843.80$3,822
Oct 20101,43478.103.51$5,032
Sep 20101,67472.633.98$6,662
Aug 20101,30673.684.42$5,772
Jul 20102,38972.554.74$11,315
Jun 201082770.364.91$4,061
May 20101,84671.124.24$7,818
Apr 20101,48881.694.12$6,135
Mar 20102,09778.394.39$9,203
Feb 20102,36173.585.44$12,849
Jan 20102,20274.365.96$13,133
Dec 20092,50171.445.48$13,715
Nov 20092,41774.593.75$9,067
Oct 20092,76072.544.11$11,344
Sep 20092,67865.543.06$8,207
Aug 20092,91667.423.22$9,385
Jul 20092,99261.133.46$10,366
Jun 20093,58766.163.90$13,971
May 20098,06454.743.93$31,657
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 2008972131.0811.39$11,071
Jun 20083,419131.3313.03$44,559
May 20083,813123.1711.57$44,133
Apr 2008220110.3110.45$2,300
Mar 20081,720101.909.66$16,622
Feb 20083,11192.538.77$27,285
Jan 20083,41390.388.21$28,006
Dec 20071,45588.337.30$10,624
Nov 20073,05991.677.29$22,305
Oct 20073,73782.856.92$25,867
Sep 20074,12175.846.24$25,732
Aug 20075,49169.066.39$35,076
Jul 20077,05370.906.39$45,054
Jun 20076,62162.007.55$49,978
May 20078,22558.747.85$64,536
Apr 20073,86559.617.81$30,167
Mar 20075,87856.927.30$42,921
Feb 20077,28555.108.22$59,854
Jan 200710,05550.306.73$67,638
Dec 20069,62656.656.92$66,597
Nov 20069,75154.207.62$74,278
Oct 20067,61254.906.01$45,777
Sep 200611,62860.085.04$58,573
Aug 20063,34668.717.34$24,559

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 2019 — as filed, then multipliedworked
Gas                    4 Mcf  × $  2.79 =        $11

────────────────────────────────────────────────────
Month total                                      $11

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/246669 is the state's own key, not one this site invented.