MARTIN, J. E.

Operated by V & H OIL, L.P. (P-5 880393) in the MONTAGUE COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4120District 09Field 62528001OilCasinghead gasSaveExport
Value, all time
$287 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 449 leases and 3,040 wells, and the rule below applies to all of them.

Discovered
1939-12-31
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
OilDisposition7,792 bbl$286,861
Casinghead gasProduction42 Mcf$115
Total$286,976

22 Mcf of this lease's gas, across 22 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 (6)

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 33.9475, -97.6875. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.94770, -97.68734 · 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
83.3%
5 of 6 wells
With a plug date
83.3%
5 of 6 wells
Median depth
1,182 ft
6 wells filed one
Completion to plug
35.8 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
583.3%
A plug date is filed
583.3%
BothOn the schedule and plugged. Neither fact cancels the other.
583.3%
NeitherNo plug date, and not on the schedule.
116.7%

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 1,170 and 1,216 ft, median 1,182 ft, over the 6 wells that filed a depth.

Completions filed
Nov 1955 – Sep 2003
5 of 6 wells; 1 filed none
Plug dates filed
Nov 2012 – Mar 2022
5 of 6 wells; 1 filed none

Last completion to plug: a median of 35.8 years across the 4 wells that filed both dates, with the middle half between 25.7 years and 44.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-3378005211,184 ftNov 2012Yes
42-3373190561,180 ftSep 2003Nov 2012Yes
42-3373172651,170 ftSep 1981Mar 2022Yes
42-3373167841,170 ftSep 1981Nov 2012Yes
42-3378005431,216 ftApr 1956Nov 2012Yes
42-3378005321,193 ftNov 1955

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
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 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
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 20220076.415.73$0
Nov 20220085.005.65$0
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 202200109.378.43$0
Apr 202200104.226.84$0
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 20210069.493.38$0
May 20210063.483.02$0
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 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
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 20190062.632.75$0
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 201817060.183.08$1,023
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
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 201792042.493.09$3,909
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201595043.552.43$4,137
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 201594043.433.10$4,082
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 201495094.734.73$8,999
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201397097.423.78$9,450
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013100093.623.91$9,362
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 201296094.672.92$9,088
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 201290091.612.49$8,245
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 201193096.873.24$9,009
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 201137083.404.15$3,086
Jul 201135094.144.52$3,295
Jun 20110092.904.64$0
May 201131098.134.40$3,042
Apr 201100105.964.33$0
Mar 201126096.364.06$2,505
Feb 201176085.644.18$6,509
Jan 201119086.504.59$1,644
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 201068078.103.51$5,311
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 201065072.554.74$4,716
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 201048081.694.12$3,921
Mar 20100078.394.39$0
Feb 201097073.585.44$7,137
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 200952072.544.11$3,772
Sep 200929065.543.06$1,901
Aug 20090067.423.22$0
Jul 200921061.133.46$1,284
Jun 200973066.163.90$4,830
May 20090054.743.93$0
Apr 200920046.773.59$935
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 200864037.105.98$2,374
Nov 200813055.496.86$721
Oct 20080075.246.92$0
Sep 2008360101.767.88$3,663
Aug 2008500114.228.48$5,711
Jul 200800131.0811.39$0
Jun 2008340131.3313.03$4,465
May 200800123.1711.57$0
Apr 2008640110.3110.45$7,060
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 200840090.388.21$3,615
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 200746069.066.39$3,177
Jul 20070070.906.39$0
Jun 200731062.007.55$1,922
May 20070058.747.85$0
Apr 200741059.617.81$2,444
Mar 20070056.927.30$0
Feb 200738055.108.22$2,094
Jan 20070050.306.73$0
Dec 200631056.656.92$1,756
Nov 200626054.207.62$1,409
Oct 20060054.906.01$0
Sep 200642060.085.04$2,523
Aug 200627068.717.34$1,855
Jul 20060069.376.34$0
Jun 200624066.286.38$1,591
May 20060066.016.42$0
Apr 200660064.397.36$3,863
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 200563054.9413.42$3,461
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 200558061.519.80$3,568
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 200562045.226.65$2,804
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 200557043.166.32$2,460
Dec 20040139.866.75$7
Nov 20040145.286.33$6
Oct 200459149.706.52$2,939
Sep 20040143.245.28$5
Aug 20040142.375.55$6
Jul 200459138.286.08$2,265
Jun 20040136.106.43$6
May 20040137.486.49$6
Apr 200427134.475.86$937
Mar 200460134.365.53$2,067
Feb 20040132.455.51$6
Jan 20040132.036.30$6
Dec 200355130.266.30$1,671
Nov 20030128.804.60$5
Oct 20030128.174.76$5
Sep 200359126.314.75$1,557
Aug 20030129.765.13$5
Jul 20030129.415.17$5
Jun 20030128.565.98$6
May 200346026.595.97$1,223
Apr 20030126.675.41$5
Mar 200380031.146.10$2,491
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 200294024.664.14$2,318
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 2002128023.733.34$3,037
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 2002100018.222.38$1,822
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 200162019.782.53$1,226
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 200179025.524.31$2,016
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 2001100027.478.40$2,747
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000100031.875.19$3,187
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000100029.304.40$2,930
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 2000100028.422.86$2,842
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 199960024.282.42$1,457
Nov 19990023.192.43$0
Oct 199982020.982.80$1,720
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 199943017.892.37$769
Jun 19990015.942.36$0
May 199960015.792.32$947
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 19993809.981.82$379
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 199869010.892.19$751
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 199845011.301.91$509
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 199884012.622.21$1,060
Apr 19980013.042.51$0
Mar 1998167012.802.31$2,138
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 1997100016.322.41$1,632
Nov 19970018.193.09$0
Oct 1997120019.253.15$2,310
Sep 19970017.742.95$0
Aug 1997130017.862.55$2,322
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 1997110018.972.31$2,087
Apr 19970017.882.08$0
Mar 1997122018.951.94$2,312
Feb 19970020.492.21$0
Jan 199780023.483.54$1,878
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 1996170019.43$3,303
Apr 19960021.51$0
Mar 199652019.38$1,008
Feb 199646016.98$781
Jan 199650017.07$854
Dec 1995110017.19$1,891
Nov 19950016.00$0
Oct 199569015.43$1,065
Sep 1995149016.18$2,411
Aug 19950015.92$0
Jul 199581015.24$1,234
Jun 199545016.41$738
May 1995123017.56$2,160
Apr 19950017.73$0
Mar 199532016.44$526
Feb 199560016.58$995
Jan 199581015.92$1,290
Dec 1994132015.03$1,984
Nov 19940015.90$0
Oct 1994132115.58$2,057
Sep 19940115.29$0
Aug 1994126116.13$2,032
Jul 19940117.56$0
Jun 199471117.09$1,213
May 199496115.88$1,524
Apr 1994127114.14$1,796
Mar 19940112.46$0
Feb 199467112.50$838
Jan 199476112.66$962
Dec 199370112.33$863
Nov 199374114.49$1,072
Oct 199377115.85$1,220
Sep 199394115.03$1,413
Aug 1993130115.66$2,036
Jul 19930115.46$0
Jun 199361116.79$1,024
May 199371117.68$1,255
Apr 199364118.05$1,155
Mar 1993105118.14$1,905
Feb 19930117.90$0
Jan 199360116.93$1,016

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.

Jun 2018 — as filed, then multipliedworked
Oil                   17 bbl  × $ 60.18 =     $1,023
Casinghead gas         0 Mcf  × $  3.08 =         $0

────────────────────────────────────────────────────
Month total                                   $1,023

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/4120 is the state's own key, not one this site invented.