MARTIN

Name: MARTIN lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CHARTER OAK PRODUCTION CO., LLC (P-5 146669) in the SOUTHMAYD, NORTH (BAKER-VIOLA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23178District 09Field 84788200NGPA filingOilCasinghead gasSave Export

Value, all time

$893 k

Jan 1993 – May 2009

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

197

no gaps in the span

Streams

oil, casinghead gas

The SOUTHMAYD, NORTH (BAKER-VIOLA) 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 95 leases and 108 wells, and the rule below applies to all of them.

Discovered

1977-07-14

as the register files it

Field class

Oil and gas

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. The field rule took effect on 1986-09-01.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 02/01/2021.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
Oil	Disposition	37,957 bbl	$681,691
Casinghead gas	Production	179,276 Mcf	$211,346
Total			$893,037

95,137 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 33.6651, -96.7569. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.66512, -96.75694 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

8,433 ft

1 wells filed one

Completion to plug

25.7 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 8,433 ft.

Completions filed

Apr 1983

1 of 1 wells

Plug dates filed

Dec 2008

1 of 1 wells

Last completion to plug: a median of 25.7 years across the 1 well that filed both dates, with the middle half between 25.7 years and 25.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-18130938	1	8,433 ft	Apr 1983	Dec 2008	Yes

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 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	76	0	75.24	6.92	$5,718
Sep 2008	37	0	101.76	7.88	$3,765
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	154	0	123.17	11.57	$18,968
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	3	54.90	6.01	$18
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	1	66.28	6.38	$6
May 2006	0	8	66.01	6.42	$51
Apr 2006	0	6	64.39	7.36	$44
Mar 2006	0	7	56.70	7.08	$50
Feb 2006	0	13	57.59	7.75	$101
Jan 2006	0	7	60.59	8.93	$63
Dec 2005	0	25	54.94	13.42	$335
Nov 2005	0	28	54.69	10.59	$296
Oct 2005	0	21	58.34	13.80	$290
Sep 2005	0	14	61.45	12.08	$169
Aug 2005	165	0	61.51	9.80	$10,149
Jul 2005	0	26	55.69	7.84	$204
Jun 2005	0	9	52.33	7.38	$66
May 2005	0	11	45.22	6.65	$73
Apr 2005	0	19	49.20	7.36	$140
Mar 2005	0	25	50.37	7.15	$179
Feb 2005	0	10	45.22	6.31	$63
Jan 2005	0	10	43.16	6.32	$63
Dec 2004	152	18	39.86	6.75	$6,180
Nov 2004	0	95	45.28	6.33	$601
Oct 2004	0	27	49.70	6.52	$176
Sep 2004	0	14	43.24	5.28	$74
Aug 2004	0	20	42.37	5.55	$111
Jul 2004	0	69	38.28	6.08	$420
Jun 2004	178	58	36.10	6.43	$6,799
May 2004	0	259	37.48	6.49	$1,682
Apr 2004	0	252	34.47	5.86	$1,476
Mar 2004	0	39	34.36	5.53	$216
Feb 2004	0	117	32.45	5.51	$645
Jan 2004	0	29	32.03	6.30	$183
Dec 2003	0	28	30.26	6.30	$176
Nov 2003	0	21	28.80	4.60	$97
Oct 2003	160	43	28.17	4.76	$4,712
Sep 2003	0	53	26.31	4.75	$252
Aug 2003	0	38	29.76	5.13	$195
Jul 2003	0	29	29.41	5.17	$150
Jun 2003	0	81	28.56	5.98	$485
May 2003	176	90	26.59	5.97	$5,217
Apr 2003	0	72	26.67	5.41	$389
Mar 2003	0	76	31.14	6.10	$463
Feb 2003	0	68	33.48	7.93	$539
Jan 2003	0	148	30.31	5.58	$826
Dec 2002	147	138	26.91	4.85	$4,626
Nov 2002	0	197	24.66	4.14	$815
Oct 2002	0	249	26.46	4.23	$1,053
Sep 2002	168	268	27.44	3.64	$5,584
Aug 2002	0	181	25.96	3.16	$573
Jul 2002	170	235	24.58	3.06	$4,898
Jun 2002	0	242	23.73	3.34	$808
May 2002	165	243	24.66	3.58	$4,940
Apr 2002	0	237	23.65	3.51	$832
Mar 2002	0	244	22.00	3.10	$757
Feb 2002	151	191	18.22	2.38	$3,205
Jan 2002	155	245	17.17	2.38	$3,243
Dec 2001	0	206	16.93	2.36	$487
Nov 2001	0	136	18.07	2.41	$327
Oct 2001	171	146	19.78	2.53	$3,752
Sep 2001	0	124	24.26	2.25	$279
Aug 2001	0	114	24.87	3.05	$348
Jul 2001	164	108	23.93	3.20	$4,270
Jun 2001	149	93	24.56	3.82	$4,015
May 2001	0	259	25.52	4.31	$1,116
Apr 2001	0	246	24.68	5.34	$1,312
Mar 2001	165	0	24.54	5.38	$4,049
Feb 2001	0	101	27.75	5.77	$582
Jan 2001	170	85	27.47	8.40	$5,384
Dec 2000	181	64	26.88	9.12	$5,449
Nov 2000	0	46	32.21	5.66	$260
Oct 2000	0	25	31.23	5.15	$129
Sep 2000	0	19	31.87	5.19	$99
Aug 2000	170	8	29.64	4.54	$5,075
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	88	0	29.30	4.40	$2,578
May 2000	0	0	27.26	3.68	$0
Apr 2000	150	0	24.51	3.12	$3,677
Mar 2000	0	146	28.42	2.86	$418
Feb 2000	0	1,308	27.62	2.73	$3,566
Jan 2000	178	1,335	25.27	2.48	$7,810
Dec 1999	0	1,254	24.28	2.42	$3,039
Nov 1999	168	1,599	23.19	2.43	$7,788
Oct 1999	184	1,599	20.98	2.80	$8,343
Sep 1999	0	1,392	21.75	2.62	$3,645
Aug 1999	178	1,383	19.26	2.88	$7,405
Jul 1999	177	1,667	17.89	2.37	$7,121
Jun 1999	0	1,487	15.94	2.36	$3,512
May 1999	0	1,575	15.79	2.32	$3,656
Apr 1999	353	1,692	15.10	2.21	$9,066
Mar 1999	0	1,581	12.47	1.84	$2,906
Feb 1999	0	1,507	9.98	1.82	$2,739
Jan 1999	159	1,749	10.38	1.90	$4,973
Dec 1998	347	2,294	9.20	1.77	$7,260
Nov 1998	150	2,440	10.89	2.19	$6,967
Oct 1998	324	2,343	12.42	1.97	$8,638
Sep 1998	178	2,373	12.59	2.08	$7,183
Aug 1998	330	2,501	11.30	1.91	$8,499
Jul 1998	325	2,546	11.74	2.24	$9,512
Jun 1998	322	2,490	11.24	2.24	$9,190
May 1998	323	2,592	12.62	2.21	$9,795
Apr 1998	163	2,548	13.04	2.51	$8,509
Mar 1998	338	2,273	12.80	2.31	$9,576
Feb 1998	315	2,353	13.95	2.30	$9,804
Jan 1998	312	2,618	14.70	2.15	$10,228
Dec 1997	337	2,145	16.32	2.41	$10,672
Nov 1997	326	1,950	18.19	3.09	$11,952
Oct 1997	320	2,068	19.25	3.15	$12,674
Sep 1997	330	2,510	17.74	2.95	$13,271
Aug 1997	325	2,426	17.86	2.55	$12,002
Jul 1997	319	2,392	17.58	2.25	$10,983
Jun 1997	494	2,429	17.24	2.26	$13,999
May 1997	352	2,516	18.97	2.31	$12,486
Apr 1997	330	2,129	17.88	2.08	$10,335
Mar 1997	330	2,482	18.95	1.94	$11,066
Feb 1997	323	2,022	20.49	2.21	$11,079
Jan 1997	158	1,988	23.48	3.54	$10,747
Dec 1996	338	2,417	23.32	—	$7,882
Nov 1996	321	1,916	21.97	—	$7,052
Oct 1996	163	2,084	23.31	—	$3,800
Sep 1996	329	2,181	22.22	—	$7,310
Aug 1996	327	2,137	20.26	—	$6,625
Jul 1996	332	2,728	19.55	—	$6,491
Jun 1996	332	2,657	18.73	—	$6,218
May 1996	336	2,224	19.43	—	$6,528
Apr 1996	338	2,768	21.51	—	$7,270
Mar 1996	332	2,061	19.38	—	$6,434
Feb 1996	169	1,882	16.98	—	$2,870
Jan 1996	331	2,171	17.07	—	$5,650
Dec 1995	496	2,059	17.19	—	$8,526
Nov 1995	342	2,073	16.00	—	$5,472
Oct 1995	511	2,379	15.43	—	$7,885
Sep 1995	340	2,358	16.18	—	$5,501
Aug 1995	495	2,534	15.92	—	$7,880
Jul 1995	491	2,439	15.24	—	$7,483
Jun 1995	498	2,513	16.41	—	$8,172
May 1995	503	2,488	17.56	—	$8,833
Apr 1995	495	2,327	17.73	—	$8,776
Mar 1995	502	2,334	16.44	—	$8,253
Feb 1995	498	2,234	16.58	—	$8,257
Jan 1995	663	2,414	15.92	—	$10,555
Dec 1994	637	2,457	15.03	—	$9,574
Nov 1994	650	2,300	15.90	—	$10,335
Oct 1994	643	2,428	15.58	—	$10,018
Sep 1994	660	1,688	15.29	—	$10,091
Aug 1994	665	1,827	16.13	—	$10,726
Jul 1994	680	1,625	17.56	—	$11,941
Jun 1994	838	1,768	17.09	—	$14,321
May 1994	855	1,565	15.88	—	$13,577
Apr 1994	651	1,481	14.14	—	$9,205
Mar 1994	644	1,268	12.46	—	$8,024
Feb 1994	335	1,076	12.50	—	$4,188
Jan 1994	660	1,189	12.66	—	$8,356
Dec 1993	660	1,506	12.33	—	$8,138
Nov 1993	835	1,452	14.49	—	$12,099
Oct 1993	1,025	1,760	15.85	—	$16,246
Sep 1993	706	1,896	15.03	—	$10,611
Aug 1993	855	2,404	15.66	—	$13,389
Jul 1993	853	2,261	15.46	—	$13,187
Jun 1993	1,067	2,405	16.79	—	$17,915
May 1993	1,019	2,112	17.68	—	$18,016
Apr 1993	962	1,559	18.05	—	$17,364
Mar 1993	0	156	18.14	—	$0
Feb 1993	345	1,457	17.90	—	$6,176
Jan 1993	0	119	16.93	—	$0

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                   76 bbl  × $ 75.24 =     $5,718
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                   $5,718

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/23178 is the state's own key, not one this site invented.