MARTIN, DAN L

Operated by 3-T EXPLORATION, INC. (P-5 953682) in the CHOKAS(CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18325District 09Field 17935500OilCasinghead gasSaveExport
Value, all time
$116 k
Jan 1993 – May 2009
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
197
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 11 leases and 17 wells, and the rule below applies to all of them.

Discovered
1969-10-03
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

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
OilDisposition2,935 bbl$58,361
Casinghead gasProduction29,547 Mcf$57,256
Total$115,617

15,564 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 (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 33.5498, -97.6987. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.54980, -97.69870 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,350 ft
1 wells filed one
Completion to plug
31.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 6,350 ft.

Completions filed
Mar 1977
1 of 1 wells
Plug dates filed
Oct 2008
1 of 1 wells

Last completion to plug: a median of 31.6 years across the 1 well that filed both dates, with the middle half between 31.6 years and 31.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3373003916,350 ftMar 1977Oct 2008Yes

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 (197)

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

197 months

May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 200847075.246.92$3,536
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050352.337.38$22
May 2005011445.226.65$758
Apr 200508449.207.36$618
Mar 2005022050.377.15$1,574
Feb 2005021445.226.31$1,351
Jan 2005024843.166.32$1,568
Dec 2004011439.866.75$770
Nov 200408245.286.33$519
Oct 200403849.706.52$248
Sep 200404043.245.28$211
Aug 200408242.375.55$455
Jul 2004010338.286.08$627
Jun 2004011036.106.43$708
May 2004011737.486.49$760
Apr 2004012834.475.86$750
Mar 2004011934.365.53$658
Feb 20040032.455.51$0
Jan 200407632.036.30$479
Dec 2003012630.266.30$794
Nov 200302228.804.60$101
Oct 2003012128.174.76$576
Sep 200313318426.314.75$4,373
Aug 2003022329.765.13$1,144
Jul 2003033429.415.17$1,727
Jun 2003030328.565.98$1,813
May 2003027926.595.97$1,666
Apr 200319126426.675.41$6,521
Mar 2003025031.146.10$1,524
Feb 2003017533.487.93$1,387
Jan 2003014030.315.58$781
Dec 2002013126.914.85$636
Nov 20021986224.664.14$5,139
Oct 2002012626.464.23$533
Sep 2002010827.443.64$393
Aug 2002015025.963.16$475
Jul 200207924.583.06$242
Jun 2002016023.733.34$534
May 2002017924.663.58$642
Apr 2002019623.653.51$688
Mar 2002018222.003.10$565
Feb 200203818.222.38$90
Jan 2002010817.172.38$257
Dec 2001018416.932.36$435
Nov 2001021918.072.41$527
Oct 2001015619.782.53$395
Sep 2001027824.262.25$626
Aug 2001033724.873.05$1,029
Jul 2001012623.933.20$403
Jun 2001028224.563.82$1,078
May 2001064125.524.31$2,761
Apr 2001051424.685.34$2,742
Mar 200109724.545.38$522
Feb 200106227.755.77$358
Jan 2001010327.478.40$865
Dec 200008426.889.12$766
Nov 200007932.215.66$447
Oct 200006031.235.15$309
Sep 200002731.875.19$140
Aug 200005029.644.54$227
Jul 2000013328.534.09$544
Jun 2000012329.304.40$541
May 2000010127.263.68$372
Apr 2000013324.513.12$414
Mar 200005228.422.86$149
Feb 200006227.622.73$169
Jan 200005225.272.48$129
Dec 199904324.282.42$104
Nov 199901523.192.43$37
Oct 199905020.982.80$140
Sep 199902521.752.62$65
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 199903215.942.36$76
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999013512.471.84$248
Feb 199901629.981.82$294
Jan 199909310.381.90$177
Dec 199801559.201.77$275
Nov 199805110.892.19$111
Oct 199801912.421.97$37
Sep 19980012.592.08$0
Aug 19980311.301.91$6
Jul 199804711.742.24$105
Jun 1998014811.242.24$331
May 1998014512.622.21$320
Apr 1998014613.042.51$366
Mar 199808512.802.31$196
Feb 1998012713.952.30$292
Jan 1998023514.702.15$506
Dec 1997028116.322.41$678
Nov 199717719018.193.09$3,806
Oct 1997014119.253.15$444
Sep 1997012617.742.95$372
Aug 1997020917.862.55$534
Jul 1997017017.582.25$382
Jun 1997021517.242.26$485
May 1997018618.972.31$429
Apr 19979118417.882.08$2,010
Mar 1997022918.951.94$444
Feb 1997019520.492.21$430
Jan 199721335423.483.54$6,254
Dec 1996028423.32$0
Nov 199608321.97$0
Oct 1996010723.31$0
Sep 199613216722.22$2,933
Aug 1996019620.26$0
Jul 1996024219.55$0
Jun 1996017418.73$0
May 199607119.43$0
Apr 199615518821.51$3,334
Mar 1996036019.38$0
Feb 1996057216.98$0
Jan 1996037117.07$0
Dec 1995044017.19$0
Nov 199516935416.00$2,704
Oct 1995041515.43$0
Sep 1995028116.18$0
Aug 1995041715.92$0
Jul 199517846615.24$2,713
Jun 1995044716.41$0
May 1995054517.56$0
Apr 199516745917.73$2,961
Mar 1995031716.44$0
Feb 1995040016.58$0
Jan 1995026515.92$0
Dec 1994038115.03$0
Nov 199416717715.90$2,655
Oct 1994033815.58$0
Sep 1994021115.29$0
Aug 1994019116.13$0
Jul 1994039717.56$0
Jun 1994019817.09$0
May 199413123315.88$2,080
Apr 1994037114.14$0
Mar 199424540912.46$3,053
Feb 1994043512.50$0
Jan 1994056212.66$0
Dec 1993027212.33$0
Nov 1993041414.49$0
Oct 1993046415.85$0
Sep 1993038815.03$0
Aug 199319852615.66$3,101
Jul 1993053815.46$0
Jun 1993024616.79$0
May 1993024817.68$0
Apr 199314322918.05$2,581
Mar 1993025518.14$0
Feb 1993022417.90$0
Jan 199320023616.93$3,386

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.

Oct 2008 — as filed, then multipliedworked
Oil                   47 bbl  × $ 75.24 =     $3,536
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                   $3,536

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/O/18325 is the state's own key, not one this site invented.