MARTIN TRUST C

Operated by PRESIDIO PETROLEUM LLC (P-5 676084) in the ST. CLAIR (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 272341District 10Field 796365002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
May 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
157
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 210 leases and 255 wells, and the rule below applies to all of them.

Discovered
1974-02-25
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 2012-08-21.

The Commission's schedule remark for this field reads: THE ALLOCATION FORMULA SHALL REMAIN SUSPENDED.

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 Gas112017-06-16220006
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
CondensateDisposition38,158 bbl$2,531,260
GasProduction142,153 Mcf$451,809
Total$2,983,070

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 35.8606, -100.7406. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.86055, -100.74063 · 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
9,400 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 9,400 ft.

Completions filed
May 2013
1 of 1 wells

1 well

42-3933175940819,400 ftMay 2013

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 (157)

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

157 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 2022127091.054.86$11,563
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 202002138.371.83$38
Jun 20203691,42434.901.69$15,285
May 202001,52816.921.81$2,773
Apr 20203591,38914.751.80$7,802
Mar 20201921,39530.341.86$8,415
Feb 20203711,37949.881.98$21,237
Jan 20201861,44557.252.09$13,675
Dec 20193681,30859.012.30$24,730
Nov 20191901,55655.302.75$14,787
Oct 20191901,38553.472.42$13,509
Sep 20191851,33455.052.66$13,729
Aug 20193711,41753.112.30$22,969
Jul 20191921,10856.272.46$13,530
Jun 20191891,03452.782.49$12,551
May 20193681,05358.482.74$24,406
Apr 20191881,04662.632.75$14,652
Mar 20193721,05356.803.06$24,354
Feb 201918796750.852.79$12,209
Jan 20193861,11446.033.23$21,364
Dec 20181931,28246.594.19$14,358
Nov 20181931,23452.934.24$15,444
Oct 20183801,21361.443.40$27,469
Sep 20183751,18859.543.11$26,020
Aug 20183791,28459.403.07$26,450
Jul 20181921,29665.142.93$16,307
Jun 20181881,20760.183.08$15,028
May 20183811,40665.382.90$28,988
Apr 20183851,37463.842.90$28,564
Mar 20181921,41561.222.79$15,698
Feb 20185751,56061.782.77$39,839
Jan 201818977662.874.01$14,994
Dec 201701,02957.272.92$3,006
Nov 20173831,12555.423.12$24,734
Oct 20173871,20049.292.98$22,656
Sep 20173891,43347.523.09$22,909
Aug 20171951,41645.373.00$13,101
Jul 20173831,23643.873.09$20,618
Jun 20171951,38042.493.09$12,546
May 20175711,49345.373.26$30,779
Apr 20173891,57247.933.21$23,693
Mar 20171971,64946.772.98$14,134
Feb 20173951,34650.452.95$23,902
Jan 20171991,30449.413.42$14,291
Dec 20165891,54148.763.72$34,457
Nov 20161961,49542.492.64$12,281
Oct 20163921,53146.193.09$22,838
Sep 20165751,49841.553.10$28,536
Aug 20163791,70541.442.92$20,692
Jul 20163621,50141.622.92$19,456
Jun 20165731,20345.352.69$29,217
May 20161921,35442.521.99$10,860
Apr 20161931,63236.561.99$10,305
Mar 20163841,52333.011.79$15,408
Feb 20165751,65126.472.06$18,627
Jan 20165682,21927.352.36$20,781
Dec 201519299232.362.00$8,199
Nov 20155641,96038.792.17$26,126
Oct 20152471,74343.552.43$14,986
Sep 20155751,90942.992.76$29,985
Aug 20153862,19240.162.87$21,798
Jul 20153852,35948.152.95$25,485
Jun 20155772,15256.152.88$38,602
May 20153882,36455.212.96$28,408
Apr 20155812,50249.822.71$35,717
Mar 20153882,65442.892.93$24,430
Feb 20153922,12444.662.98$23,828
Jan 20157842,67343.433.10$42,337
Dec 20145872,74854.693.59$41,972
Nov 20145852,64370.464.25$52,457
Oct 20147762,87378.303.90$71,968
Sep 20143841,92486.164.05$40,869
Aug 20145752,94989.394.04$63,299
Jul 20145772,92296.564.18$67,928
Jun 20145772,82298.164.74$70,006
May 20149581,85894.734.73$99,533
Apr 20149652,03895.944.81$102,383
Mar 201438450295.895.06$39,360
Feb 201426692297.406.19$31,617
Jan 20141,0361,48290.404.86$100,858
Dec 20139211,76891.824.35$92,265
Nov 20137311,87288.853.74$71,947
Oct 20131,1622,51097.423.78$122,688
Sep 20131,0682,967104.113.72$122,220
Aug 20131,3693,574104.253.52$155,308
Jul 20131,1854,353102.523.72$137,670
Jun 201353818194.403.93$51,499
May 201398239494.834.15$94,758

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 2022 — as filed, then multipliedworked
Condensate           127 bbl  × $ 91.05 =    $11,563
Gas                    0 Mcf  × $  4.86 =         $0

────────────────────────────────────────────────────
Month total                                  $11,563

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/272341 is the state's own key, not one this site invented.