MARTIN TRUST

Operated by GANNETT OPERATING LLC (P-5 293813) in the YOUNG COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32963District 09Field 99480001OilCasinghead gasSaveExport
Value, all time
$1.7 M
Jul 2014 – May 2026
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
143
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 2,525 leases and 8,014 wells, and the rule below applies to all of them.

Discovered
1917-12-31
as the register files it
Field class
Oil and gas
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
OilDisposition30,867 bbl$1,692,775
Casinghead gasProduction8,208 Mcf$26,576
Total$1,719,351

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 33.0752, -98.7035. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.07519, -98.70345 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,583 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

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

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 4,583 ft.

Completions filed
Jul 2014
1 of 1 wells

1 well

42-5034220024,583 ftJul 2014

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 (143)

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

143 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026163063.503.75$10,351
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025167062.743.08$10,478
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025166066.483.13$11,036
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025167067.704.27$11,306
Feb 20250070.884.34$0
Jan 2025177074.324.28$13,155
Dec 20240068.993.12$0
Nov 2024162069.052.20$11,186
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 2024168079.932.15$13,428
Jun 20240078.082.63$0
May 2024165078.812.20$13,004
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024165076.091.78$12,555
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 2023163077.892.81$12,696
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023170074.852.64$12,725
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023172078.122.24$13,437
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023173076.533.39$13,240
Dec 20220076.415.73$0
Nov 2022174085.005.65$14,790
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 2022176094.529.13$16,636
Jul 202200101.587.54$0
Jun 20221760115.097.98$20,256
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 2022173091.054.86$15,752
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 2021178077.435.24$13,783
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021176066.024.22$11,620
Jul 20210070.783.98$0
Jun 2021163069.493.38$11,327
May 2021164063.483.02$10,411
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021173050.412.81$8,721
Dec 20200044.642.68$0
Nov 2020174038.772.71$6,746
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 2020170038.371.83$6,523
Jun 2020173034.901.69$6,038
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020174030.341.86$5,279
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019168059.012.30$9,914
Nov 20190055.302.75$0
Oct 2019173053.472.42$9,250
Sep 20190055.052.66$0
Aug 2019175053.112.30$9,294
Jul 20190056.272.46$0
Jun 2019176052.782.49$9,289
May 2019174058.482.74$10,176
Apr 20190062.632.75$0
Mar 2019170056.803.06$9,656
Feb 20190050.852.79$0
Jan 2019358046.033.23$16,479
Dec 20180046.594.19$0
Nov 2018172052.934.24$9,104
Oct 2018172061.443.40$10,568
Sep 2018353059.543.11$21,018
Aug 2018175059.403.07$10,395
Jul 2018168065.142.93$10,944
Jun 2018170060.183.08$10,231
May 2018173065.382.90$11,311
Apr 2018343063.842.90$21,897
Mar 2018173061.222.79$10,591
Feb 2018170061.782.77$10,503
Jan 2018170062.874.01$10,688
Dec 2017166057.272.92$9,507
Nov 2017346055.423.12$19,175
Oct 2017170049.292.98$8,379
Sep 2017170047.523.09$8,078
Aug 2017174045.373.00$7,894
Jul 2017346043.873.09$15,179
Jun 2017352042.493.09$14,956
May 2017182045.373.26$8,257
Apr 2017342047.933.21$16,392
Mar 2017176046.772.98$8,232
Feb 2017271050.452.95$13,672
Jan 2017177049.413.42$8,746
Dec 2016512048.763.72$24,965
Nov 2016352042.492.64$14,956
Oct 2016178046.193.09$8,222
Sep 2016346041.553.10$14,376
Aug 2016524041.442.92$21,715
Jul 2016330041.622.92$13,735
Jun 2016336045.352.69$15,238
May 2016340042.521.99$14,457
Apr 2016334036.561.99$12,211
Mar 2016345033.011.79$11,388
Feb 2016505026.472.06$13,367
Jan 2016676027.352.36$18,489
Dec 2015505032.362.00$16,342
Nov 201548815738.792.17$19,270
Oct 201565347043.552.43$29,579
Sep 201566743342.992.76$29,869
Aug 201566048740.162.87$27,905
Jul 201566447848.152.95$33,379
Jun 201567340756.152.88$38,962
May 201586018955.212.96$48,039
Apr 201565959249.822.71$34,434
Mar 20151,19468442.892.93$53,218
Feb 20151,14268744.662.98$53,046
Jan 20151,33367243.433.10$59,976
Dec 20141,18279854.693.59$67,509
Nov 20141,33679570.464.25$97,515
Oct 20141,03282478.303.90$84,020
Sep 20141,30453586.164.05$114,517
Aug 2014810089.394.04$72,406
Jul 20140096.564.18$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.

Feb 2026 — as filed, then multipliedworked
Oil                  163 bbl  × $ 63.50 =    $10,351
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                  $10,351

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/32963 is the state's own key, not one this site invented.