MARTIN, J. B.

Operated by LATIGO PETROLEUM, LLC (P-5 488260) in the LIPSCOMB (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 202904District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
May 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
265
no gaps in the span
Streams
2
condensate, 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 1,389 leases and 1,486 wells, and the rule below applies to all of them.

Discovered
1958-05-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: FIELD

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112004-10-13159195
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition2,430 bbl$161,496
GasProduction900,554 Mcf$4,919,728
Total$5,081,224

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 36.3060, -100.3028. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.30599, -100.30277 · 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
7,638 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 7,638 ft.

Completions filed
May 2004
1 of 1 wells

1 well

42-2953273468097,638 ftMay 2004

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 (265)

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

265 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 2024062079.932.15$1,331
Jun 202401,34578.082.63$3,543
May 202401,46878.812.20$3,227
Apr 202401,31084.451.66$2,174
Mar 202401,48480.301.55$2,293
Feb 202401,41676.091.78$2,526
Jan 20240073.023.30$0
Dec 202301,58771.262.61$4,143
Nov 202301,43177.892.81$4,018
Oct 202301,34185.443.09$4,140
Sep 202301,73989.042.74$4,756
Aug 202302,07080.522.67$5,533
Jul 202301,56474.852.64$4,132
Jun 202301,64668.962.26$3,717
May 202301,84870.622.23$4,116
Apr 202301,76578.122.24$3,950
Mar 202301,84172.852.39$4,406
Feb 202301,73375.112.47$4,273
Jan 202301,63676.533.39$5,542
Dec 202201,96276.415.73$11,240
Nov 202201,85085.005.65$10,445
Oct 20221871,94387.185.86$27,696
Sep 202201,86184.888.16$15,193
Aug 202201,93694.529.13$17,670
Jul 202202,043101.587.54$15,408
Jun 202201,760115.097.98$14,040
May 202201,715109.378.43$14,463
Apr 202201,680104.226.84$11,487
Mar 202201,679108.885.08$8,523
Feb 202201,87791.054.86$9,120
Jan 202201,71681.844.54$7,787
Dec 202101,86571.323.90$7,272
Nov 202101,91577.435.24$10,029
Oct 202102,05579.795.71$11,742
Sep 202101,89369.865.35$10,129
Aug 202102,06266.024.22$8,703
Jul 202101,93370.783.98$7,697
Jun 202101,79469.493.38$6,065
May 202101,89263.483.02$5,709
Apr 202101,66760.362.76$4,598
Mar 202101,91861.302.72$5,211
Feb 202102,03757.805.55$11,301
Jan 202102,14350.412.81$6,022
Dec 202001,54044.642.68$4,120
Nov 202001,99238.772.71$5,391
Oct 202001,99236.972.48$4,937
Sep 202002,12937.091.99$4,239
Aug 202002,14739.982.39$5,121
Jul 202002,05238.371.83$3,745
Jun 202001,95534.901.69$3,305
May 202001,97516.921.81$3,584
Apr 202001,67714.751.80$3,026
Mar 202002,01130.341.86$3,733
Feb 202002,03749.881.98$4,035
Jan 202002,17857.252.09$4,562
Dec 201902,21759.012.30$5,109
Nov 201902,01655.302.75$5,545
Oct 201902,24353.472.42$5,425
Sep 201902,18055.052.66$5,793
Aug 201902,02953.112.30$4,676
Jul 201902,01956.272.46$4,967
Jun 201901,95552.782.49$4,870
May 201902,01458.482.74$5,519
Apr 201901,86262.632.75$5,122
Mar 201902,12556.803.06$6,507
Feb 201901,97750.852.79$5,520
Jan 201902,10946.033.23$6,808
Dec 20181951,92446.594.19$17,138
Nov 201802,18952.934.24$9,275
Oct 201802,19861.443.40$7,469
Sep 201802,11859.543.11$6,583
Aug 201872,19059.403.07$7,132
Jul 201802,15665.142.93$6,321
Jun 201802,09960.183.08$6,458
May 201802,18765.382.90$6,344
Apr 201802,16763.842.90$6,286
Mar 201802,39061.222.79$6,661
Feb 201801,89261.782.77$5,234
Jan 201802,17262.874.01$8,708
Dec 201702,16657.272.92$6,328
Nov 201702,22555.423.12$6,938
Oct 20171652,39949.292.98$15,291
Sep 201702,32847.523.09$7,187
Aug 201702,39645.373.00$7,199
Jul 201702,27843.873.09$7,033
Jun 201702,18942.493.09$6,758
May 201702,09445.373.26$6,834
Apr 201702,54147.933.21$8,161
Mar 201702,75246.772.98$8,211
Feb 201702,41250.452.95$7,122
Jan 201702,50049.413.42$8,547
Dec 201602,30548.763.72$8,581
Nov 201602,53242.492.64$6,695
Oct 201602,66546.193.09$8,236
Sep 201602,47341.553.10$7,668
Aug 201602,61341.442.92$7,641
Jul 201602,63341.622.92$7,700
Jun 201602,46645.352.69$6,623
May 201602,55542.521.99$5,087
Apr 201602,48536.561.99$4,948
Mar 201602,66633.011.79$4,783
Feb 201602,27726.472.06$4,699
Jan 201602,59927.352.36$6,145
Dec 201502,94832.362.00$5,900
Nov 201502,63038.792.17$5,700
Oct 201502,61343.552.43$6,341
Sep 201503,03342.992.76$8,366
Aug 201503,28840.162.87$9,445
Jul 201501,97148.152.95$5,805
Jun 201501,91356.152.88$5,515
May 201502,00255.212.96$5,917
Apr 20151861,93149.822.71$14,493
Mar 201501,99942.892.93$5,866
Feb 201501,99644.662.98$5,940
Jan 201502,55543.433.10$7,922
Dec 201402,69254.693.59$9,668
Nov 201402,37470.464.25$10,094
Oct 201401,80978.303.90$7,057
Sep 201402,58486.164.05$10,453
Aug 201402,59789.394.04$10,479
Jul 201452,71196.564.18$11,814
Jun 201402,58398.164.74$12,235
May 201402,68894.734.73$12,705
Apr 201402,59595.944.81$12,480
Mar 201402,64295.895.06$13,360
Feb 201402,09297.406.19$12,954
Jan 201402,34390.404.86$11,389
Dec 201303,12291.824.35$13,595
Nov 201302,69088.853.74$10,056
Oct 201302,71097.423.78$10,242
Sep 201302,728104.113.72$10,142
Aug 201302,579104.253.52$9,085
Jul 201302,660102.523.72$9,889
Jun 201302,56794.403.93$10,097
May 20131902,91094.834.15$30,092
Apr 201302,80093.964.28$11,991
Mar 2013423,07993.623.91$15,980
Feb 201302,73391.233.42$9,347
Jan 201303,62391.603.42$12,390
Dec 201203,00586.773.42$10,278
Nov 201202,87286.953.62$10,411
Oct 201202,75489.383.40$9,363
Sep 201202,61694.672.92$7,635
Aug 201202,76392.662.91$8,035
Jul 201202,72685.133.02$8,235
Jun 201202,86479.822.52$7,215
May 201202,87391.612.49$7,149
Apr 201202,778101.652.00$5,547
Mar 201202,762105.052.22$6,137
Feb 201202,965101.102.57$7,621
Jan 201203,07198.092.73$8,396
Dec 201103,76696.873.24$12,201
Nov 201103,23795.723.31$10,719
Oct 20111764,25884.983.65$30,492
Sep 2011054083.623.99$2,152
Aug 201103,07783.404.15$12,767
Jul 201103,27594.144.52$14,794
Jun 201103,11392.904.64$14,444
May 201103,10198.134.40$13,659
Apr 201103,166105.964.33$13,719
Mar 201103,35696.364.06$13,616
Feb 201103,14685.644.18$13,150
Jan 201103,29286.504.59$15,106
Dec 201003,55985.734.35$15,474
Nov 201003,48980.843.80$13,242
Oct 201003,73978.103.51$13,120
Sep 201003,42572.633.98$13,630
Aug 201003,61173.684.42$15,958
Jul 201002,63272.554.74$12,466
Jun 201003,32870.364.91$16,342
May 20101842,15571.124.24$22,213
Apr 201003,22281.694.12$13,283
Mar 201003,03678.394.39$13,324
Feb 201003,41073.585.44$18,558
Jan 201003,75574.365.96$22,395
Dec 200904,22571.445.48$23,169
Nov 200903,91674.593.75$14,691
Oct 200904,36672.544.11$17,945
Sep 200903,73765.543.06$11,453
Aug 200904,38767.423.22$14,120
Jul 200903,90361.133.46$13,522
Jun 200904,22666.163.90$16,460
May 200904,73954.743.93$18,604
Apr 20091884,46846.773.59$24,822
Mar 200903,97342.144.06$16,126
Feb 200903,98732.814.63$18,472
Jan 200904,73835.865.37$25,448
Dec 200804,17037.105.98$24,925
Nov 200803,99855.496.86$27,428
Oct 200804,27275.246.92$29,571
Sep 200804,242101.767.88$33,415
Aug 200803,156114.228.48$26,772
Jul 200804,589131.0811.39$52,266
Jun 200804,441131.3313.03$57,878
May 200803,849123.1711.57$44,549
Apr 20081753,874110.3110.45$59,806
Mar 200804,397101.909.66$42,493
Feb 200804,06092.538.77$35,609
Jan 200804,89190.388.21$40,134
Dec 200704,71088.337.30$34,392
Nov 200705,31691.677.29$38,763
Oct 200704,72082.856.92$32,672
Sep 200705,19675.846.24$32,445
Aug 200703,45069.066.39$22,038
Jul 200704,46070.906.39$28,490
Jun 200704,99762.007.55$37,720
May 200705,44058.747.85$42,684
Apr 200704,04059.617.81$31,533
Mar 200705,26156.927.30$38,416
Feb 200705,33755.108.22$43,849
Jan 200705,29250.306.73$35,598
Dec 200606,08356.656.92$42,085
Nov 20061655,68654.207.62$52,256
Oct 200605,50554.906.01$33,106
Sep 200605,89860.085.04$29,709
Aug 200606,08268.717.34$44,641
Jul 200606,60569.376.34$41,894
Jun 200606,89066.286.38$43,985
May 200606,75566.016.42$43,401
Apr 20061907,44264.397.36$67,011
Mar 200607,16756.707.08$50,763
Feb 200606,50457.597.75$50,413
Jan 200607,61360.598.93$68,009
Dec 200508,00454.9413.42$107,377
Nov 200507,41654.6910.59$78,524
Oct 2005010,66558.3413.80$147,132
Sep 200504,59361.4512.08$55,479
Aug 200508,47361.519.80$83,009
Jul 200508,84555.697.84$69,377
Jun 200509,21552.337.38$68,016
May 200507,88145.226.65$52,418
Apr 20051886,90049.207.36$60,037
Mar 200509,18750.377.15$65,732
Feb 2005010,20745.226.31$64,426
Jan 200509,78643.166.32$61,869
Dec 2004012,08539.866.75$81,587
Nov 2004011,97645.286.33$75,813
Oct 200418714,45149.706.52$103,444
Sep 2004016,92343.245.28$89,419
Aug 2004018,37942.375.55$102,016
Jul 2004023,70338.286.08$144,213
Jun 2004030,91436.106.43$198,870
May 2004024,66937.486.49$160,215

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.

Jul 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 79.93 =         $0
Gas                  620 Mcf  × $  2.15 =     $1,331

────────────────────────────────────────────────────
Month total                                   $1,331

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. 10/G/202904 is the state's own key, not one this site invented.