MARTIN, W.F.

Operated by L.C.S. PRODUCTION COMPANY (P-5 479574) in the IDA, WEST (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13440District 7BField 44208500OilCasinghead gasSaveExport
Value, all time
$706 k
Jan 1993 – Jul 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
247
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1977-01-10
as the register files it
Field class
Oil
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
OilDisposition31,713 bbl$705,504
Casinghead gasProduction19,395 Mcf$0
Total$705,504

19,395 Mcf of this lease's gas, across 47 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 32.9328, -100.3205. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.93284, -100.32053 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,416 ft
1 wells filed one
Completion to plug
36.3 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 5,416 ft.

Completions filed
Jan 1977
1 of 1 wells
Plug dates filed
Apr 2013
1 of 1 wells

Last completion to plug: a median of 36.3 years across the 1 well that filed both dates, with the middle half between 36.3 years and 36.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1513039015,416 ftJan 1977Apr 2013Yes

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 (247)

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

247 months

Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
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 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 200951071.445.48$3,643
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006180056.707.08$10,206
Feb 2006173057.597.75$9,963
Jan 2006172060.598.93$10,421
Dec 20050054.9413.42$0
Nov 2005176054.6910.59$9,625
Oct 2005176058.3413.80$10,268
Sep 2005170061.4512.08$10,447
Aug 2005163061.519.80$10,026
Jul 20050055.697.84$0
Jun 2005183052.337.38$9,576
May 20050045.226.65$0
Apr 2005302049.207.36$14,858
Mar 2005167050.377.15$8,412
Feb 2005178045.226.31$8,049
Jan 20050043.166.32$0
Dec 2004176039.866.75$7,015
Nov 20040045.286.33$0
Oct 2004317049.706.52$15,755
Sep 2004176043.245.28$7,610
Aug 2004350042.375.55$14,830
Jul 200459038.286.08$2,259
Jun 2004361036.106.43$13,032
May 20040037.486.49$0
Apr 2004179034.475.86$6,170
Mar 20040034.365.53$0
Feb 2004184032.455.51$5,971
Jan 20040032.036.30$0
Dec 2003158030.266.30$4,781
Nov 2003248028.804.60$7,142
Oct 2003182028.174.76$5,127
Sep 2003173026.314.75$4,552
Aug 2003170029.765.13$5,059
Jul 2003177029.415.17$5,206
Jun 2003182028.565.98$5,198
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 2003346031.146.10$10,774
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 2002171026.914.85$4,602
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 2002175027.443.64$4,802
Aug 2002178025.963.16$4,621
Jul 20020024.583.06$0
Jun 2002177023.733.34$4,200
May 20020024.663.58$0
Apr 2002181023.653.51$4,281
Mar 2002177022.003.10$3,894
Feb 2002179018.222.38$3,261
Jan 2002357017.172.38$6,130
Dec 2001176016.932.36$2,980
Nov 2001186018.072.41$3,361
Oct 2001178019.782.53$3,521
Sep 2001350024.262.25$8,491
Aug 20010024.873.05$0
Jul 2001183023.933.20$4,379
Jun 20010024.563.82$0
May 2001185025.524.31$4,721
Apr 2001365024.685.34$9,008
Mar 20010024.545.38$0
Feb 2001173027.755.77$4,801
Jan 2001179027.478.40$4,917
Dec 20000026.889.12$0
Nov 2000177032.215.66$5,701
Oct 2000182031.235.15$5,684
Sep 20000031.875.19$0
Aug 2000187029.644.54$5,543
Jul 2000339028.534.09$9,672
Jun 2000179029.304.40$5,245
May 2000176027.263.68$4,798
Apr 2000186024.513.12$4,559
Mar 2000177028.422.86$5,030
Feb 2000185027.622.73$5,110
Jan 2000176025.272.48$4,448
Dec 1999167024.282.42$4,055
Nov 1999190023.192.43$4,406
Oct 1999340020.982.80$7,133
Sep 1999175021.752.62$3,806
Aug 1999177019.262.88$3,409
Jul 1999353017.892.37$6,315
Jun 1999182015.942.36$2,901
May 1999182015.792.32$2,874
Apr 1999350015.102.21$5,285
Mar 19990012.471.84$0
Feb 199936409.981.82$3,633
Jan 19990010.381.90$0
Dec 199836709.201.77$3,376
Nov 1998186010.892.19$2,026
Oct 1998180012.421.97$2,236
Sep 1998184012.592.08$2,317
Aug 1998175011.301.91$1,978
Jul 1998183011.742.24$2,148
Jun 1998182011.242.24$2,046
May 1998369012.622.21$4,657
Apr 1998185013.042.51$2,412
Mar 1998184012.802.31$2,355
Feb 19980013.952.30$0
Jan 1998177014.702.15$2,602
Dec 1997174016.322.41$2,840
Nov 19970018.193.09$0
Oct 1997184019.253.15$3,542
Sep 1997172017.742.95$3,051
Aug 1997183017.862.55$3,268
Jul 1997175017.582.25$3,077
Jun 19970017.242.26$0
May 1997173018.972.31$3,282
Apr 19970017.882.08$0
Mar 1997360018.951.94$6,822
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 1996178023.32$4,151
Nov 1996181121.97$3,977
Oct 199607823.31$0
Sep 199618413922.22$4,088
Aug 199618413820.26$3,728
Jul 1996015919.55$0
Jun 199617814918.73$3,334
May 1996016419.43$0
Apr 1996016421.51$0
Mar 199617920419.38$3,469
Feb 1996016516.98$0
Jan 1996031817.07$0
Dec 199518348617.19$3,146
Nov 199554446816.00$8,704
Oct 199536250815.43$5,586
Sep 199532538616.18$5,259
Aug 199518034315.92$2,866
Jul 199535853815.24$5,456
Jun 199535058816.41$5,744
May 199535855617.56$6,286
Apr 199534343617.73$6,081
Mar 199535630716.44$5,853
Feb 199535948116.58$5,952
Jan 199551625815.92$8,215
Dec 199435011615.03$5,261
Nov 199436121815.90$5,740
Oct 199435242115.58$5,484
Sep 199435927615.29$5,489
Aug 199435647216.13$5,742
Jul 199452857317.56$9,272
Jun 199434731317.09$5,930
May 199417412315.88$2,763
Apr 199436141314.14$5,105
Mar 199436445712.46$4,535
Feb 199436434512.50$4,550
Jan 199436244812.66$4,583
Dec 199336542312.33$4,500
Nov 199354846414.49$7,941
Oct 199335160115.85$5,563
Sep 199336061715.03$5,411
Aug 199333568615.66$5,246
Jul 199334178815.46$5,272
Jun 199349670516.79$8,328
May 199336177417.68$6,382
Apr 199354076218.05$9,747
Mar 199354171118.14$9,814
Feb 199318092517.90$3,222
Jan 199336373016.93$6,146

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.

Dec 2009 — as filed, then multipliedworked
Oil                   51 bbl  × $ 71.44 =     $3,643
Casinghead gas         0 Mcf  × $  5.48 =         $0

────────────────────────────────────────────────────
Month total                                   $3,643

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/O/13440 is the state's own key, not one this site invented.