MARTIN

Operated by RIG PETROLEUM, LLC (P-5 711525) in the PANHANDLE HUTCHINSON COUNTY FLD. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1057District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$162 k
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 918 leases and 8,177 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

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
NGPA5none

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
OilDisposition62,212 bbl$3,360,005
Casinghead gasProduction211,009 Mcf$701,413
Total$4,061,418

19,267 Mcf of this lease's gas, across 48 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 35.7714, -101.4207. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

35.77058, -101.42100 · 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%
3 of 6 wells
With a plug date
50.0%
3 of 6 wells
Median depth
3,014 ft
4 wells filed one
Completion to plug
67.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
350.0%
A plug date is filed
350.0%
BothOn the schedule and plugged. Neither fact cancels the other.
350.0%
NeitherNo plug date, and not on the schedule.
350.0%

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 2,935 and 3,201 ft, median 3,014 ft, over the 4 wells that filed a depth.

Completions filed
Apr 1927 – Dec 1968
3 of 6 wells; 3 filed none
Plug dates filed
Jan 2013 – Dec 2017
3 of 6 wells; 3 filed none

Last completion to plug: a median of 67.4 years across the 2 wells that filed both dates, with the middle half between 55.8 years and 79.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-23306148182,935 ftDec 2013Yes
42-233135193
42-233135204
42-23320000213,201 ftDec 1968Jan 2013Yes
42-23306150203,048 ftMay 1959
42-23313529142,979 ftApr 1927Dec 2017Yes

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 2026156678106.413.05$18,665
Apr 202615666198.932.87$17,330
Mar 202631670289.753.15$30,572
Feb 202615053763.503.75$11,539
Jan 2026058159.138.00$4,647
Dec 202530960656.664.41$20,182
Nov 2025045458.593.93$1,783
Oct 202531549959.383.30$20,354
Sep 2025023762.743.08$729
Aug 202515358163.933.01$11,533
Jul 202532455066.743.32$23,447
Jun 2025053966.483.13$1,686
May 202515559360.553.23$11,302
Apr 202515962162.363.54$12,116
Mar 202515041167.704.27$11,909
Feb 202515114370.884.34$11,324
Jan 2025018074.324.28$770
Dec 202415160868.993.12$12,315
Nov 2024017169.052.20$376
Oct 202415855071.372.28$12,531
Sep 202415865969.612.36$12,556
Aug 202415767275.632.06$13,261
Jul 202415680579.932.15$14,197
Jun 202415950778.082.63$13,750
May 202415969378.812.20$14,054
Apr 202415968384.451.66$14,561
Mar 2024044080.301.55$680
Feb 202414770276.091.78$12,437
Jan 202415570273.023.30$13,633
Dec 202315680371.262.61$13,213
Nov 202316097577.892.81$15,200
Oct 20231541,40185.443.09$17,483
Sep 20231581,48589.042.74$18,130
Aug 20231611,46380.522.67$16,874
Jul 20233201,15874.852.64$27,011
Jun 202316077668.962.26$12,786
May 202316066770.622.23$12,785
Apr 202331147478.122.24$25,356
Mar 202331564072.852.39$24,479
Feb 202315753475.112.47$13,109
Jan 202315749776.533.39$13,699
Dec 202216159576.415.73$15,711
Nov 202233972785.005.65$32,920
Oct 20221581,12287.185.86$20,354
Sep 202231897584.888.16$34,951
Aug 202215899394.529.13$23,997
Jul 2022316809101.587.54$38,201
Jun 2022157638115.097.98$23,159
May 2022316600109.378.43$39,621
Apr 2022317629104.226.84$37,339
Mar 2022317630108.885.08$37,713
Feb 2022049091.054.86$2,381
Jan 202249141281.844.54$42,053
Dec 2021035871.323.90$1,396
Nov 202115556977.435.24$14,981
Oct 202131457279.795.71$28,322
Sep 202112871869.865.35$12,784
Aug 2021038666.024.22$1,629
Jul 202115964970.783.98$13,838
Jun 202115953369.493.38$12,851
May 202115874363.483.02$12,272
Apr 202131770960.362.76$21,090
Mar 202131654361.302.72$20,846
Feb 202115839357.805.55$11,313
Jan 202148166450.412.81$26,113
Dec 202030868144.642.68$15,571
Nov 202015562438.772.71$7,698
Oct 202016065336.972.48$7,534
Sep 202030368637.091.99$12,604
Aug 202015551339.982.39$7,420
Jul 202016825538.371.83$6,912
Jun 202048965734.901.69$18,177
May 202032756016.921.81$6,549
Apr 202001,16714.751.80$2,106
Mar 202017325630.341.86$5,724
Feb 20203321,43149.881.98$19,395
Jan 20203252,53757.252.09$23,921
Dec 20193152,43559.012.30$24,199
Nov 20191832,32155.302.75$16,504
Oct 20193072,03553.472.42$21,337
Sep 20193161,99655.052.66$22,700
Aug 201932864853.112.30$18,913
Jul 201933560256.272.46$20,331
Jun 201917968752.782.49$11,159
May 201928870958.482.74$18,785
Apr 201931550662.632.75$21,120
Mar 201933748756.803.06$20,633
Feb 201915644150.852.79$9,164
Jan 2019325046.033.23$14,960
Dec 201832017346.594.19$15,633
Nov 2018039552.934.24$1,674
Oct 201817948761.443.40$12,653
Sep 201818045859.543.11$12,141
Aug 201832857559.403.07$21,246
Jul 20183411,14465.142.93$25,567
Jun 20183421,22160.183.08$24,338
May 20183241,27165.382.90$24,870
Apr 20181581,22063.842.90$13,626
Mar 201864898361.222.79$42,410
Feb 201832848461.782.77$21,603
Jan 2018060962.874.01$2,442
Dec 20171591,15557.272.92$12,480
Nov 20173281,31955.423.12$22,291
Oct 201727898649.292.98$16,645
Sep 201726056847.523.09$14,109
Aug 201727669745.373.00$14,616
Jul 201733569743.873.09$16,848
Jun 20176691,12042.493.09$31,884
May 201718354045.373.26$10,065
Apr 20173441,11847.933.21$20,078
Mar 20171771,71046.772.98$13,380
Feb 20173061,17650.452.95$18,910
Jan 20171741,24349.413.42$12,847
Dec 20163371,24648.763.72$21,071
Nov 20163119542.492.64$13,466
Oct 201618367546.193.09$10,539
Sep 201632963941.553.10$15,651
Aug 201630369941.442.92$14,600
Jul 201649677341.622.92$22,904
Jun 201632267245.352.69$16,408
May 201632522142.521.99$14,259
Apr 201631524936.561.99$12,012
Mar 201631663033.011.79$11,561
Feb 201647943826.472.06$13,583
Jan 20163111,04827.352.36$10,984
Dec 20153251,06432.362.00$12,647
Nov 201515671738.792.17$7,605
Oct 201539585843.552.43$19,284
Sep 20154881,05242.992.76$23,881
Aug 20155011,09440.162.87$23,263
Jul 20153281,03548.152.95$18,841
Jun 20156491,08656.152.88$39,572
May 20154891,33755.212.96$30,949
Apr 201565873549.822.71$34,771
Mar 20154951,11342.892.93$24,497
Feb 20154911,01344.662.98$24,943
Jan 201563796343.433.10$30,651
Dec 20145041,19754.693.59$31,863
Nov 20146531,21970.464.25$51,193
Oct 20149911,35078.303.90$82,862
Sep 201448898786.164.05$46,039
Aug 201433169389.394.04$32,384
Jul 201416954296.564.18$18,584
Jun 201449085798.164.74$52,158
May 201448741994.734.73$48,114
Apr 201447762895.944.81$48,784
Mar 201432167695.895.06$34,199
Feb 20143241,03797.406.19$37,979
Jan 20145001,14890.404.86$50,780
Dec 20131561,38091.824.35$20,333
Nov 20131651,07788.853.74$18,686
Oct 20131631,32197.423.78$20,872
Sep 20132661,294104.113.72$32,504
Aug 20131691,627104.253.52$23,350
Jul 20131611,632102.523.72$22,573
Jun 20131671,31694.403.93$20,941
May 20131691,43494.834.15$21,976
Apr 20131861,26293.964.28$22,881
Mar 20131651,12193.623.91$19,834
Feb 201301,14191.233.42$3,902
Jan 20131681,74591.603.42$21,357
Dec 2012071186.773.42$2,432
Nov 201215858686.953.62$15,862
Oct 20121581,56189.383.40$19,429
Sep 20121761,21694.672.92$20,211
Aug 201214575892.662.91$15,640
Jul 20121591,16885.133.02$17,064
Jun 20121601,14579.822.52$15,656
May 201215457791.612.49$15,544
Apr 2012157855101.652.00$17,666
Mar 2012157351105.052.22$17,273
Feb 20120169101.102.57$434
Jan 20121451,40798.092.73$18,070
Dec 201101,35496.873.24$4,387
Nov 2011065695.723.31$2,172
Oct 201114347284.983.65$13,874
Sep 2011047883.623.99$1,905
Aug 2011049783.404.15$2,062
Jul 2011055494.144.52$2,503
Jun 201115954092.904.64$17,277
May 2011062798.134.40$2,762
Apr 20110141105.964.33$611
Mar 2011016196.364.06$653
Feb 2011012785.644.18$531
Jan 2011051286.504.59$2,349
Dec 201014920285.734.35$13,652
Nov 2010053880.843.80$2,042
Oct 2010025278.103.51$884
Sep 201016518872.633.98$12,732
Aug 2010018273.684.42$804
Jul 201002472.554.74$114
Jun 201015410870.364.91$11,366
May 2010011371.124.24$479
Apr 2010014281.694.12$585
Mar 2010013478.394.39$588
Feb 2010010373.585.44$561
Jan 201007474.365.96$441
Dec 200916786871.445.48$16,690
Nov 2009067774.593.75$2,540
Oct 2009058872.544.11$2,417
Sep 2009046965.543.06$1,437
Aug 2009053667.423.22$1,725
Jul 2009018161.133.46$627
Jun 200917329966.163.90$12,610
May 200907754.743.93$302
Apr 200904846.773.59$172
Mar 200902542.144.06$101
Feb 200908332.814.63$385
Jan 2009067235.865.37$3,609
Dec 2008042037.105.98$2,510
Nov 200808655.496.86$590
Oct 20081838075.246.92$14,323
Sep 2008083101.767.88$654
Aug 2008079114.228.48$670
Jul 2008082131.0811.39$934
Jun 2008064131.3313.03$834
May 2008174101123.1711.57$22,601
Apr 2008068110.3110.45$711
Mar 20080104101.909.66$1,005
Feb 200809392.538.77$816
Jan 2008013590.388.21$1,108
Dec 20071707888.337.30$15,586
Nov 200709291.677.29$671
Oct 200708282.856.92$568
Sep 200706975.846.24$431
Aug 200706669.066.39$422
Jul 20071825970.906.39$13,281
Jun 200704862.007.55$362
May 2007022258.747.85$1,742
Apr 200703259.617.81$250
Mar 2007013056.927.30$949
Feb 2007018355.108.22$1,504
Jan 2007020250.306.73$1,359
Dec 200617924056.656.92$11,801
Nov 2006028254.207.62$2,148
Oct 200618423754.906.01$11,527
Sep 2006034260.085.04$1,723
Aug 200617835268.717.34$14,814
Jul 2006039369.376.34$2,493
Jun 200618333666.286.38$14,274
May 2006019266.016.42$1,234
Apr 2006015464.397.36$1,134
Mar 200602656.707.08$184
Feb 200601957.597.75$147
Jan 200601660.598.93$143
Dec 20051816054.9413.42$10,749
Nov 2005014654.6910.59$1,546
Oct 200518514758.3413.80$12,821
Sep 2005010361.4512.08$1,244
Aug 200518418461.519.80$13,120
Jul 2005024555.697.84$1,922
Jun 200518033752.337.38$11,907
May 2005043145.226.65$2,867
Apr 200518649249.207.36$12,773
Mar 200518719050.377.15$10,779
Feb 2005027645.226.31$1,742
Jan 2005032943.166.32$2,080
Dec 200418434839.866.75$9,684
Nov 2004038845.286.33$2,456
Oct 200418231749.706.52$11,111
Sep 2004023243.245.28$1,226
Aug 2004024342.375.55$1,349
Jul 2004025538.286.08$1,551
Jun 2004020236.106.43$1,299
May 2004033137.486.49$2,150
Apr 200418524334.475.86$7,801
Mar 2004027934.365.53$1,543
Feb 2004020332.455.51$1,118
Jan 200418767432.036.30$10,236
Dec 2003017430.266.30$1,096
Nov 200318429828.804.60$6,669
Oct 2003021328.174.76$1,014
Sep 2003026226.314.75$1,244
Aug 200318426029.765.13$6,810
Jul 2003029029.415.17$1,500
Jun 2003021728.565.98$1,298
May 200318120026.595.97$6,007
Apr 2003088326.675.41$4,775
Mar 2003098531.146.10$6,005
Feb 200318229233.487.93$8,408
Jan 2003033330.315.58$1,859
Dec 200218236626.914.85$6,674
Nov 2002080424.664.14$3,326
Oct 200218239426.464.23$6,482
Sep 200218626527.443.64$6,067
Aug 2002038225.963.16$1,209
Jul 200218338124.583.06$5,665
Jun 200218139423.733.34$5,610
May 200218444124.663.58$6,118
Apr 2002045523.653.51$1,598
Mar 2002050322.003.10$1,561
Feb 2002019318.222.38$459
Jan 200218215117.172.38$3,484
Dec 2001030416.932.36$719
Nov 200118230018.072.41$4,010
Oct 2001033119.782.53$837
Sep 200118233124.262.25$5,161
Aug 200114936524.873.05$4,820
Jul 2001030223.933.20$966
Jun 200118630124.563.82$5,719
May 2001033025.524.31$1,421
Apr 2001020324.685.34$1,083
Mar 2001054724.545.38$2,941
Feb 200118340227.755.77$7,397
Jan 2001027827.478.40$2,335
Dec 2000019126.889.12$1,742
Nov 200006332.215.66$356
Oct 200002631.235.15$134
Sep 200018311331.875.19$6,418
Aug 2000013629.644.54$618
Jul 200008928.534.09$364
Jun 20001816529.304.40$5,589
May 200007527.263.68$276
Apr 200017919024.513.12$4,979
Mar 2000025828.422.86$738
Feb 2000020827.622.73$567
Jan 200018128025.272.48$5,268
Dec 199917917124.282.42$4,761
Nov 199918034123.192.43$5,004
Oct 1999032420.982.80$908
Sep 199918325121.752.62$4,638
Aug 199918631319.262.88$4,482
Jul 199918427917.892.37$3,954
Jun 1999031515.942.36$744
May 199918212215.792.32$3,157
Apr 199917716715.102.21$3,041
Mar 1999024912.471.84$458
Feb 19991781959.981.82$2,131
Jan 1999025710.381.90$488
Dec 19981831849.201.77$2,010
Nov 1998027310.892.19$597
Oct 199818523712.421.97$2,764
Sep 1998022212.592.08$462
Aug 1998027311.301.91$521
Jul 199818627911.742.24$2,808
Jun 199818021911.242.24$2,513
May 1998030712.622.21$677
Apr 199817932213.042.51$3,141
Mar 199818126612.802.31$2,931
Feb 1998018213.952.30$418
Jan 199817917214.702.15$3,002
Dec 199717628816.322.41$3,567
Nov 1997025618.193.09$791
Oct 199718327919.253.15$4,402
Sep 1997017217.742.95$508
Aug 1997018217.862.55$465
Jul 1997019217.582.25$431
Jun 199718124517.242.26$3,673
May 1997027118.972.31$626
Apr 1997024617.882.08$512
Mar 199718327318.951.94$3,997
Feb 199717926420.492.21$4,250
Jan 199717833623.483.54$5,369
Dec 1996038123.32$0
Nov 199617937121.97$3,933
Oct 199618239423.31$4,242
Sep 199618337722.22$4,066
Aug 199618438720.26$3,728
Jul 199618238519.55$3,558
Jun 199618232118.73$3,409
May 199636535419.43$7,092
Apr 199618541521.51$3,979
Mar 1996142919.38$19
Feb 199617948516.98$3,039
Jan 199618038417.07$3,073
Dec 1995124817.19$17
Nov 199518434316.00$2,944
Oct 199518340315.43$2,824
Sep 199518339916.18$2,961
Aug 1995038115.92$0
Jul 199518442215.24$2,804
Jun 199518437816.41$3,019
May 199518338717.56$3,213
Apr 1995018117.73$0
Mar 1995018216.44$0
Feb 1995015916.58$0
Jan 1995017115.92$0
Dec 1994032715.03$0
Nov 199418338215.90$2,910
Oct 199418237315.58$2,836
Sep 1994138515.29$15
Aug 199418237116.13$2,936
Jul 199418431217.56$3,231
Jun 1994034117.09$0
May 199417933015.88$2,843
Apr 1994048214.14$0
Mar 199418046712.46$2,243
Feb 199417952112.50$2,238
Jan 199418055912.66$2,279
Dec 199317244112.33$2,121
Nov 199317445814.49$2,521
Oct 199317850915.85$2,821
Sep 199318237615.03$2,735
Aug 199317642815.66$2,756
Jul 199317857015.46$2,752
Jun 199318155516.79$3,039
May 199318552317.68$3,271
Apr 199318256818.05$3,285
Mar 199313364718.14$2,413
Feb 199325457117.90$4,547
Jan 199325143416.93$4,249

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.

May 2026 — as filed, then multipliedworked
Oil                  156 bbl  × $106.41 =    $16,600
Casinghead gas       678 Mcf  × $  3.05 =     $2,065

────────────────────────────────────────────────────
Month total                                  $18,665

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/O/1057 is the state's own key, not one this site invented.