PACE

Operated by MARTIN, JOHN I. (P-5 530600) in the FERN (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29212District 09Field 30695075OilCasinghead gasSaveExport
Value, all time
$2.2 M
Aug 1996 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
358
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 5 leases and 6 wells, and the rule below applies to all of them.

Discovered
not filed
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition15,496 bbl$747,502
Casinghead gasProduction356,764 Mcf$1,470,855
Total$2,218,357

30,032 Mcf of this lease's gas, across 5 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 (2)

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 33.4072, -98.2735. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.40722, -98.27354 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
6,062 ft
2 wells filed one
Completion to plug
29.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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

Between 6,036 and 6,088 ft, median 6,062 ft, over the 2 wells that filed a depth.

Completions filed
Aug 1996 – Jun 2024
2 of 2 wells
Plug dates filed
Apr 2026
1 of 2 wells; 1 filed none

Last completion to plug: a median of 29.7 years across the 1 well that filed both dates, with the middle half between 29.7 years and 29.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2373823726,088 ftJun 2024
42-2373819216,036 ftAug 1996Apr 2026Yes

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 (358)

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

358 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202654089.753.15$4,847
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202404473.023.30$145
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202307289.042.74$197
Aug 202307380.522.67$195
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 202208676.415.73$493
Nov 202208585.005.65$480
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 2022086109.378.43$725
Apr 2022083104.226.84$568
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202106269.493.38$210
May 2021945163.483.02$6,121
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020012134.901.69$205
May 2020013016.921.81$236
Apr 2020013414.751.80$242
Mar 202007230.341.86$134
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201904762.632.75$129
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 2018026761.222.79$744
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201705346.772.98$158
Feb 20170050.452.95$0
Jan 2017015749.413.42$537
Dec 20160348.763.72$11
Nov 20160042.492.64$0
Oct 201602846.193.09$87
Sep 2016045241.553.10$1,401
Aug 2016048541.442.92$1,418
Jul 2016044841.622.92$1,310
Jun 2016040345.352.69$1,082
May 2016040142.521.99$798
Apr 2016032636.561.99$649
Mar 201618024633.011.79$6,383
Feb 201609726.472.06$200
Jan 20160627.352.36$14
Dec 201503632.362.00$72
Nov 20150038.792.17$0
Oct 201501743.552.43$41
Sep 201502642.992.76$72
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015099156.152.88$2,857
May 201501,36655.212.96$4,037
Apr 201501,34149.822.71$3,630
Mar 201501,66742.892.93$4,892
Feb 20151883,02644.662.98$17,402
Jan 201503,58143.433.10$11,103
Dec 201403,29154.693.59$11,819
Nov 20141833,35970.464.25$27,176
Oct 201403,26978.303.90$12,752
Sep 20141882,90786.164.05$27,958
Aug 201402,52289.394.04$10,177
Jul 201401,00896.564.18$4,213
Jun 2014076098.164.74$3,600
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 2014018395.895.06$925
Feb 201401,57797.406.19$9,765
Jan 201401,71590.404.86$8,336
Dec 20131881,46391.824.35$23,633
Nov 201301,44188.853.74$5,387
Oct 201301,57097.423.78$5,934
Sep 201301,720104.113.72$6,395
Aug 20131861,603104.253.52$25,037
Jul 201301,312102.523.72$4,878
Jun 201301,29894.403.93$5,106
May 201301,33594.834.15$5,539
Apr 201301,33593.964.28$5,717
Mar 20131831,43693.623.91$22,751
Feb 201301,31691.233.42$4,501
Jan 201301,78491.603.42$6,101
Dec 201201,82886.773.42$6,252
Nov 20121851,79586.953.62$22,593
Oct 201201,86889.383.40$6,351
Sep 201202,18494.672.92$6,374
Aug 20121822,18892.662.91$23,227
Jul 201202,14385.133.02$6,474
Jun 201202,13179.822.52$5,368
May 201202,20891.612.49$5,494
Apr 20121842,213101.652.00$23,123
Mar 201201,976105.052.22$4,391
Feb 201201,632101.102.57$4,195
Jan 20121841,90598.092.73$23,257
Dec 201102,06596.873.24$6,690
Nov 20111862,26395.723.31$25,297
Oct 201102,74484.983.65$10,012
Sep 20111862,71783.623.99$26,383
Aug 201103,30183.404.15$13,697
Jul 20111853,48794.144.52$33,168
Jun 201103,56092.904.64$16,518
May 20111872,00698.134.40$27,186
Apr 20110364105.964.33$1,577
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011051986.504.59$2,382
Dec 201001,07485.734.35$4,669
Nov 201001,45480.843.80$5,518
Oct 201002,52878.103.51$8,870
Sep 2010082272.633.98$3,271
Aug 20101802,99473.684.42$26,494
Jul 201003,02472.554.74$14,323
Jun 20101852,80170.364.91$26,771
May 2010096971.124.24$4,104
Apr 2010031081.694.12$1,278
Mar 2010040778.394.39$1,786
Feb 201002673.585.44$142
Jan 20100874.365.96$48
Dec 200908871.445.48$483
Nov 2009012874.593.75$480
Oct 2009011872.544.11$485
Sep 200909065.543.06$276
Aug 2009021867.423.22$702
Jul 200901,03561.133.46$3,586
Jun 20091821,98766.163.90$19,780
May 200901,81154.743.93$7,110
Apr 200901,91846.773.59$6,881
Mar 20091861,77942.144.06$15,059
Feb 200902,06732.814.63$9,576
Jan 20093732,57235.865.37$27,190
Dec 200801,43537.105.98$8,577
Nov 200801,62755.496.86$11,162
Oct 200801,84175.246.92$12,743
Sep 200801,659101.767.88$13,068
Aug 200801,788114.228.48$15,168
Jul 20081801,974131.0811.39$46,077
Jun 200801,818131.3313.03$23,693
May 200801,818123.1711.57$21,042
Apr 20081881,654110.3110.45$38,031
Mar 20081831,654101.909.66$34,632
Feb 200801,63192.538.77$14,305
Jan 200801,36990.388.21$11,234
Dec 20071791,72488.337.30$28,400
Nov 200701,88591.677.29$13,745
Oct 20071841,73282.856.92$27,233
Sep 20071742,46375.846.24$28,576
Aug 2007059269.066.39$3,782
Jul 200716219770.906.39$12,744
Jun 200701,65062.007.55$12,455
May 20071871,56058.747.85$23,225
Apr 20071811,72959.617.81$24,285
Mar 200702,48056.927.30$18,109
Feb 200718488855.108.22$17,434
Jan 20071901,90350.306.73$22,358
Dec 20061861,15856.656.92$18,548
Nov 200601,78654.207.62$13,605
Oct 20061791,89554.906.01$21,223
Sep 200601,98660.085.04$10,004
Aug 200601,91868.717.34$14,078
Jul 20061842,37869.376.34$27,847
Jun 20061832,49166.286.38$28,031
May 20061812,65066.016.42$28,974
Apr 2006019264.397.36$1,413
Mar 2006030356.707.08$2,146
Feb 200601,19057.597.75$9,224
Jan 20061811,55060.598.93$24,813
Dec 20051791,55954.9413.42$30,749
Nov 200501,68354.6910.59$17,820
Oct 200501,85458.3413.80$25,577
Sep 20051692,03161.4512.08$34,918
Aug 20051842,15161.519.80$32,391
Jul 200505255.697.84$408
Jun 200501,17752.337.38$8,687
May 20051822,08845.226.65$22,118
Apr 200518279049.207.36$14,769
Mar 200501,92850.377.15$13,795
Feb 20051741,32245.226.31$16,213
Jan 200501,60043.166.32$10,116
Dec 20041731,61739.866.75$17,812
Nov 200401,25745.286.33$7,957
Oct 2004069949.706.52$4,554
Sep 200413640843.245.28$8,036
Aug 2004094042.375.55$5,218
Jul 2004099238.286.08$6,036
Jun 2004061136.106.43$3,931
May 200413176037.486.49$9,846
Apr 2004025534.475.86$1,494
Mar 20040034.365.53$0
Feb 2004044832.455.51$2,468
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 200302,24728.804.60$10,325
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 2003071631.146.10$4,365
Feb 200302,07433.487.93$16,438
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 200203,74523.653.51$13,154
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 2001020827.755.77$1,200
Jan 200101,33027.478.40$11,170
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 200013044827.263.68$5,192
Apr 20002024.513.12$49
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000017825.272.48$442
Dec 1999033224.282.42$805
Nov 19990023.192.43$0
Oct 1999080520.982.80$2,257
Sep 19990021.752.62$0
Aug 1999052919.262.88$1,521
Jul 199918552917.892.37$4,565
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 1998014312.592.08$298
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 199809211.242.24$206
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19981661,57012.802.31$5,751
Feb 199802,11413.952.30$4,860
Jan 19981164,55214.702.15$11,514
Dec 19973234,19316.322.41$15,381
Nov 199704,72118.193.09$14,580
Oct 19973225,48819.253.15$23,485
Sep 19971716,35617.742.95$21,815
Aug 19973367,33417.862.55$24,737
Jul 19971518,49917.582.25$21,751
Jun 199738210,59217.242.26$30,494
May 199763214,44218.972.31$45,328
Apr 19971699,28117.882.08$22,352
Mar 19973256,02018.951.94$17,832
Feb 19973085,75020.492.21$18,995
Jan 19973435,55623.483.54$27,720
Dec 19963044,64523.32$7,089
Nov 19964806,54821.97$10,546
Oct 19966329,31323.31$14,732
Sep 19969488,80322.22$21,065
Aug 199644672320.26$9,036

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.

Mar 2026 — as filed, then multipliedworked
Oil                   54 bbl  × $ 89.75 =     $4,847
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $4,847

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/29212 is the state's own key, not one this site invented.