MARTIN - KEITH

Name: MARTIN - KEITH lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by XTO ENERGY INC. (P-5 945936) in the COCKRELL (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 141515District 7BField 192807002 tax incentive programmesGasSave Export

Value, all time

$114 k

Jan 1993 – Jul 2010

Value, last 12 filed months

$56

at the published price for each month

Months reported

211

no gaps in the span

Streams

gas

The COCKRELL (STRAWN) field

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 92 leases and 92 wells, and the rule below applies to all of them.

Discovered

1982-02-24

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1993-11-25	128170
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Gas	Production	69,617 Mcf	$113,841
Total			$113,841

43,392 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 (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 32.5728, -97.9092. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.57278, -97.90922 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

2,784 ft

1 wells filed one

Completion to plug

18.2 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 2,784 ft.

Completions filed

May 1992

1 of 1 wells

Plug dates filed

Jul 2010

1 of 1 wells

Last completion to plug: a median of 18.2 years across the 1 well that filed both dates, with the middle half between 18.2 years and 18.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36733154	2	2,784 ft	May 1992	Jul 2010	Yes

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 (211)

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

211 months


Jul 2010	0	72.55	4.74	$0
Jun 2010	0	70.36	4.91	$0
May 2010	0	71.12	4.24	$0
Apr 2010	0	81.69	4.12	$0
Mar 2010	0	78.39	4.39	$0
Feb 2010	0	73.58	5.44	$0
Jan 2010	0	74.36	5.96	$0
Dec 2009	0	71.44	5.48	$0
Nov 2009	0	74.59	3.75	$0
Oct 2009	10	72.54	4.11	$41
Sep 2009	5	65.54	3.06	$15
Aug 2009	0	67.42	3.22	$0
Jul 2009	0	61.13	3.46	$0
Jun 2009	0	66.16	3.90	$0
May 2009	0	54.74	3.93	$0
Apr 2009	0	46.77	3.59	$0
Mar 2009	0	42.14	4.06	$0
Feb 2009	6	32.81	4.63	$28
Jan 2009	0	35.86	5.37	$0
Dec 2008	0	37.10	5.98	$0
Nov 2008	0	55.49	6.86	$0
Oct 2008	0	75.24	6.92	$0
Sep 2008	30	101.76	7.88	$236
Aug 2008	60	114.22	8.48	$509
Jul 2008	93	131.08	11.39	$1,059
Jun 2008	97	131.33	13.03	$1,264
May 2008	99	123.17	11.57	$1,146
Apr 2008	0	110.31	10.45	$0
Mar 2008	179	101.90	9.66	$1,730
Feb 2008	118	92.53	8.77	$1,035
Jan 2008	96	90.38	8.21	$788
Dec 2007	87	88.33	7.30	$635
Nov 2007	112	91.67	7.29	$817
Oct 2007	20	82.85	6.92	$138
Sep 2007	148	75.84	6.24	$924
Aug 2007	168	69.06	6.39	$1,073
Jul 2007	175	70.90	6.39	$1,118
Jun 2007	60	62.00	7.55	$453
May 2007	76	58.74	7.85	$596
Apr 2007	73	59.61	7.81	$570
Mar 2007	45	56.92	7.30	$329
Feb 2007	59	55.10	8.22	$485
Jan 2007	55	50.30	6.73	$370
Dec 2006	67	56.65	6.92	$464
Nov 2006	63	54.20	7.62	$480
Oct 2006	53	54.90	6.01	$319
Sep 2006	74	60.08	5.04	$373
Aug 2006	76	68.71	7.34	$558
Jul 2006	85	69.37	6.34	$539
Jun 2006	97	66.28	6.38	$619
May 2006	93	66.01	6.42	$598
Apr 2006	89	64.39	7.36	$655
Mar 2006	75	56.70	7.08	$531
Feb 2006	83	57.59	7.75	$643
Jan 2006	81	60.59	8.93	$724
Dec 2005	90	54.94	13.42	$1,207
Nov 2005	83	54.69	10.59	$879
Oct 2005	96	58.34	13.80	$1,324
Sep 2005	79	61.45	12.08	$954
Aug 2005	95	61.51	9.80	$931
Jul 2005	103	55.69	7.84	$808
Jun 2005	102	52.33	7.38	$753
May 2005	136	45.22	6.65	$905
Apr 2005	112	49.20	7.36	$824
Mar 2005	115	50.37	7.15	$823
Feb 2005	124	45.22	6.31	$783
Jan 2005	134	43.16	6.32	$847
Dec 2004	127	39.86	6.75	$857
Nov 2004	109	45.28	6.33	$690
Oct 2004	129	49.70	6.52	$840
Sep 2004	161	43.24	5.28	$851
Aug 2004	187	42.37	5.55	$1,038
Jul 2004	184	38.28	6.08	$1,119
Jun 2004	170	36.10	6.43	$1,094
May 2004	190	37.48	6.49	$1,234
Apr 2004	146	34.47	5.86	$855
Mar 2004	190	34.36	5.53	$1,051
Feb 2004	152	32.45	5.51	$837
Jan 2004	145	32.03	6.30	$913
Dec 2003	159	30.26	6.30	$1,002
Nov 2003	187	28.80	4.60	$859
Oct 2003	157	28.17	4.76	$747
Sep 2003	149	26.31	4.75	$708
Aug 2003	188	29.76	5.13	$964
Jul 2003	219	29.41	5.17	$1,132
Jun 2003	249	28.56	5.98	$1,490
May 2003	308	26.59	5.97	$1,840
Apr 2003	267	26.67	5.41	$1,444
Mar 2003	264	31.14	6.10	$1,609
Feb 2003	336	33.48	7.93	$2,663
Jan 2003	178	30.31	5.58	$994
Dec 2002	183	26.91	4.85	$888
Nov 2002	183	24.66	4.14	$757
Oct 2002	201	26.46	4.23	$850
Sep 2002	211	27.44	3.64	$767
Aug 2002	237	25.96	3.16	$750
Jul 2002	200	24.58	3.06	$612
Jun 2002	166	23.73	3.34	$554
May 2002	247	24.66	3.58	$885
Apr 2002	244	23.65	3.51	$857
Mar 2002	267	22.00	3.10	$828
Feb 2002	318	18.22	2.38	$755
Jan 2002	312	17.17	2.38	$741
Dec 2001	323	16.93	2.36	$764
Nov 2001	331	18.07	2.41	$796
Oct 2001	364	19.78	2.53	$921
Sep 2001	362	24.26	2.25	$815
Aug 2001	371	24.87	3.05	$1,133
Jul 2001	356	23.93	3.20	$1,138
Jun 2001	378	24.56	3.82	$1,446
May 2001	275	25.52	4.31	$1,185
Apr 2001	279	24.68	5.34	$1,489
Mar 2001	241	24.54	5.38	$1,296
Feb 2001	253	27.75	5.77	$1,459
Jan 2001	228	27.47	8.40	$1,915
Dec 2000	189	26.88	9.12	$1,724
Nov 2000	148	32.21	5.66	$837
Oct 2000	202	31.23	5.15	$1,039
Sep 2000	165	31.87	5.19	$856
Aug 2000	197	29.64	4.54	$895
Jul 2000	194	28.53	4.09	$793
Jun 2000	189	29.30	4.40	$831
May 2000	226	27.26	3.68	$832
Apr 2000	195	24.51	3.12	$608
Mar 2000	264	28.42	2.86	$755
Feb 2000	246	27.62	2.73	$671
Jan 2000	273	25.27	2.48	$677
Dec 1999	246	24.28	2.42	$596
Nov 1999	246	23.19	2.43	$599
Oct 1999	217	20.98	2.80	$608
Sep 1999	52	21.75	2.62	$136
Aug 1999	216	19.26	2.88	$621
Jul 1999	239	17.89	2.37	$567
Jun 1999	229	15.94	2.36	$541
May 1999	254	15.79	2.32	$590
Apr 1999	270	15.10	2.21	$596
Mar 1999	205	12.47	1.84	$377
Feb 1999	170	9.98	1.82	$309
Jan 1999	228	10.38	1.90	$433
Dec 1998	204	9.20	1.77	$362
Nov 1998	204	10.89	2.19	$446
Oct 1998	200	12.42	1.97	$394
Sep 1998	255	12.59	2.08	$531
Aug 1998	256	11.30	1.91	$488
Jul 1998	207	11.74	2.24	$463
Jun 1998	284	11.24	2.24	$635
May 1998	293	12.62	2.21	$646
Apr 1998	284	13.04	2.51	$712
Mar 1998	254	12.80	2.31	$587
Feb 1998	204	13.95	2.30	$469
Jan 1998	212	14.70	2.15	$457
Dec 1997	262	16.32	2.41	$632
Nov 1997	161	18.19	3.09	$497
Oct 1997	196	19.25	3.15	$617
Sep 1997	201	17.74	2.95	$594
Aug 1997	188	17.86	2.55	$480
Jul 1997	279	17.58	2.25	$627
Jun 1997	344	17.24	2.26	$776
May 1997	484	18.97	2.31	$1,117
Apr 1997	255	17.88	2.08	$531
Mar 1997	314	18.95	1.94	$609
Feb 1997	230	20.49	2.21	$507
Jan 1997	237	23.48	3.54	$839
Dec 1996	393	23.32	—	$0
Nov 1996	356	21.97	—	$0
Oct 1996	309	23.31	—	$0
Sep 1996	197	22.22	—	$0
Aug 1996	272	20.26	—	$0
Jul 1996	355	19.55	—	$0
Jun 1996	404	18.73	—	$0
May 1996	467	19.43	—	$0
Apr 1996	412	21.51	—	$0
Mar 1996	468	19.38	—	$0
Feb 1996	281	16.98	—	$0
Jan 1996	411	17.07	—	$0
Dec 1995	414	17.19	—	$0
Nov 1995	420	16.00	—	$0
Oct 1995	446	15.43	—	$0
Sep 1995	436	16.18	—	$0
Aug 1995	546	15.92	—	$0
Jul 1995	431	15.24	—	$0
Jun 1995	496	16.41	—	$0
May 1995	421	17.56	—	$0
Apr 1995	500	17.73	—	$0
Mar 1995	729	16.44	—	$0
Feb 1995	531	16.58	—	$0
Jan 1995	610	15.92	—	$0
Dec 1994	672	15.03	—	$0
Nov 1994	774	15.90	—	$0
Oct 1994	870	15.58	—	$0
Sep 1994	990	15.29	—	$0
Aug 1994	906	16.13	—	$0
Jul 1994	1,150	17.56	—	$0
Jun 1994	989	17.09	—	$0
May 1994	1,134	15.88	—	$0
Apr 1994	1,035	14.14	—	$0
Mar 1994	1,070	12.46	—	$0
Feb 1994	1,316	12.50	—	$0
Jan 1994	1,453	12.66	—	$0
Dec 1993	1,471	12.33	—	$0
Nov 1993	1,472	14.49	—	$0
Oct 1993	1,694	15.85	—	$0
Sep 1993	1,635	15.03	—	$0
Aug 1993	1,822	15.66	—	$0
Jul 1993	1,425	15.46	—	$0
Jun 1993	1,972	16.79	—	$0
May 1993	2,002	17.68	—	$0
Apr 1993	1,806	18.05	—	$0
Mar 1993	1,881	18.14	—	$0
Feb 1993	1,391	17.90	—	$0
Jan 1993	2,157	16.93	—	$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.

Oct 2009 — as filed, then multipliedworked

Gas                   10 Mcf  × $  4.11 =        $41

────────────────────────────────────────────────────
Month total                                      $41

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. 7B/G/141515 is the state's own key, not one this site invented.