MARTIN,V.

Operated by REACH OIL (P-5 695802) in the GROSVENOR, SW (DUFFER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16376District 7BField 37157500NGPA filingOilCasinghead gasSaveExport
Value, all time
$348 k
Jan 1993 – Oct 2023
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
370
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 11 leases and 20 wells, and the rule below applies to all of them.

Discovered
1980-08-25
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: FIELD RULES PER DKT #7B-80,937 EFF 10-1-83

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
NGPA3none

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
OilDisposition2,913 bbl$201,571
Casinghead gasProduction24,718 Mcf$146,295
Total$347,866

77 Mcf of this lease's gas, across 10 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 (3)

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 31.8607, -99.1828. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.86062, -99.18293 · 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%
3 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
2,820 ft
3 wells filed one
Completion to plug
39.6 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
266.7%
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

Between 2,804 and 2,865 ft, median 2,820 ft, over the 3 wells that filed a depth.

Completions filed
Jan 1984 – Sep 1986
3 of 3 wells
Plug dates filed
Jul 2023 – Aug 2023
2 of 3 wells; 1 filed none

Last completion to plug: a median of 39.6 years across the 2 wells that filed both dates, with the middle half between 39.5 years and 39.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-0493237712,865 ftSep 1986Yes
42-0493386822,820 ftJan 1984Jul 2023Yes
42-0493386932,804 ftJan 1984Aug 2023Yes

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 (370)

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

370 months

Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202347080.522.67$3,784
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 2022230115.097.98$2,647
May 202200109.378.43$0
Apr 2022100104.226.84$1,042
Mar 2022580108.885.08$6,315
Feb 202215091.054.86$1,366
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 202138050.412.81$1,916
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 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014136654.693.59$948
Nov 201407170.464.25$302
Oct 201407878.303.90$304
Sep 201409186.164.05$368
Aug 2014010389.394.04$416
Jul 20141110796.564.18$1,509
Jun 20142311098.164.74$2,779
May 201409894.734.73$463
Apr 20141410295.944.81$1,834
Mar 2014169795.895.06$2,025
Feb 201408197.406.19$502
Jan 2014219590.404.86$2,360
Dec 2013011691.824.35$505
Nov 2013910088.853.74$1,173
Oct 20131311497.423.78$1,697
Sep 201318108104.113.72$2,276
Aug 20131399104.253.52$1,704
Jul 201319101102.523.72$2,323
Jun 2013169994.403.93$1,900
May 20131810394.834.15$2,134
Apr 2013178293.964.28$1,948
Mar 2013147693.623.91$1,608
Feb 2013209591.233.42$2,149
Jan 2013199391.603.42$2,058
Dec 2012197686.773.42$1,909
Nov 2012810286.953.62$1,065
Oct 2012117289.383.40$1,228
Sep 20121010694.672.92$1,256
Aug 201278692.662.91$899
Jul 2012216585.133.02$1,984
Jun 2012246479.822.52$2,077
May 2012225691.612.49$2,155
Apr 20122854101.652.00$2,954
Mar 20122477105.052.22$2,692
Feb 20122474101.102.57$2,617
Jan 2012246298.092.73$2,524
Dec 2011212196.873.24$2,102
Nov 2011487595.723.31$4,843
Oct 2011186184.983.65$1,752
Sep 201105583.623.99$219
Aug 201107283.404.15$299
Jul 201103194.144.52$140
Jun 201108292.904.64$380
May 201118098.134.40$1,766
Apr 201100105.964.33$0
Mar 201101596.364.06$61
Feb 201102685.644.18$109
Jan 201102086.504.59$92
Dec 201001985.734.35$83
Nov 201001680.843.80$61
Oct 201002078.103.51$70
Sep 201091972.633.98$729
Aug 201001673.684.42$71
Jul 2010131572.554.74$1,014
Jun 2010113770.364.91$956
May 2010224071.124.24$1,734
Apr 2010193981.694.12$1,713
Mar 201004478.394.39$193
Feb 2010154073.585.44$1,321
Jan 2010145474.365.96$1,363
Dec 2009136171.445.48$1,263
Nov 2009138274.593.75$1,277
Oct 2009301572.544.11$2,238
Sep 2009217465.543.06$1,603
Aug 2009105967.423.22$864
Jul 200905361.133.46$184
Jun 2009279566.163.90$2,156
May 2009248254.743.93$1,636
Apr 2009258146.773.59$1,460
Mar 2009934142.144.06$4,085
Feb 200906732.814.63$310
Jan 200907435.865.37$397
Dec 200806637.105.98$394
Nov 2008135055.496.86$1,064
Oct 2008156175.246.92$1,551
Sep 20082862101.767.88$3,338
Aug 20084373114.228.48$5,531
Jul 2008953131.0811.39$1,783
Jun 2008057131.3313.03$743
May 20082036123.1711.57$2,880
Apr 200802110.3110.45$21
Mar 2008233101.909.66$2,373
Feb 2008212092.538.77$2,119
Jan 20080890.388.21$66
Dec 2007248588.337.30$2,741
Nov 20074010991.677.29$4,462
Oct 20075516882.856.92$5,720
Sep 20075121875.846.24$5,229
Aug 20073124669.066.39$3,712
Jul 20072318970.906.39$2,838
Jun 20073728462.007.55$4,438
May 20072230958.747.85$3,717
Apr 20074725459.617.81$4,784
Mar 20072827556.927.30$3,602
Feb 20072322155.108.22$3,083
Jan 2007014950.306.73$1,002
Dec 20063724356.656.92$3,777
Nov 20065821654.207.62$4,789
Oct 200651054.906.01$2,800
Sep 20063627560.085.04$3,548
Aug 20061229668.717.34$2,997
Jul 20064635169.376.34$5,417
Jun 20062540566.286.38$4,242
May 20063459666.016.42$6,074
Apr 20062635564.397.36$4,287
Mar 20065039456.707.08$5,626
Feb 20065539357.597.75$6,214
Jan 20065042360.598.93$6,808
Dec 20053733654.9413.42$6,540
Nov 20054729854.6910.59$5,726
Oct 20054736858.3413.80$7,819
Sep 20052237061.4512.08$5,821
Aug 20054426461.519.80$5,293
Jul 20054722055.697.84$4,343
Jun 20056521552.337.38$4,988
May 2005026545.226.65$1,763
Apr 20055914049.207.36$3,933
Mar 20051914450.377.15$1,987
Feb 20052213845.226.31$1,866
Jan 20052212943.166.32$1,765
Dec 20041916939.866.75$1,898
Nov 2004016145.286.33$1,019
Oct 20042218849.706.52$2,318
Sep 20044118743.245.28$2,761
Aug 20041916842.375.55$1,738
Jul 20041516438.286.08$1,572
Jun 20041615136.106.43$1,549
May 20043717037.486.49$2,491
Apr 2004016434.475.86$961
Mar 2004019234.365.53$1,062
Feb 2004016732.455.51$920
Jan 2004018732.036.30$1,178
Dec 2003018530.266.30$1,166
Nov 2003019328.804.60$887
Oct 2003019328.174.76$919
Sep 2003019326.314.75$917
Aug 2003017229.765.13$882
Jul 2003020429.415.17$1,055
Jun 2003018828.565.98$1,125
May 20030026.595.97$0
Apr 2003021326.675.41$1,152
Mar 2003022031.146.10$1,341
Feb 2003019733.487.93$1,561
Jan 2003020330.315.58$1,133
Dec 2002018826.914.85$913
Nov 2002015624.664.14$645
Oct 2002020526.464.23$867
Sep 2002020527.443.64$745
Aug 2002018325.963.16$579
Jul 2002018724.583.06$573
Jun 2002021123.733.34$704
May 2002021824.663.58$781
Apr 2002022323.653.51$783
Mar 2002019422.003.10$602
Feb 2002016718.222.38$397
Jan 2002017417.172.38$413
Dec 2001016516.932.36$390
Nov 2001016518.072.41$397
Oct 2001017819.782.53$450
Sep 2001017624.262.25$396
Aug 2001019924.873.05$608
Jul 2001016623.933.20$531
Jun 2001020124.563.82$769
May 2001020125.524.31$866
Apr 2001020024.685.34$1,067
Mar 2001018224.545.38$979
Feb 2001018127.755.77$1,044
Jan 2001021127.478.40$1,772
Dec 2000015926.889.12$1,450
Nov 2000016932.215.66$956
Oct 2000021431.235.15$1,101
Sep 2000023131.875.19$1,198
Aug 2000020929.644.54$949
Jul 2000028228.534.09$1,153
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930115.85$0
Sep 19930115.03$0
Aug 19930115.66$0
Jul 19930115.46$0
Jun 19930116.79$0
May 19930117.68$0
Apr 19930118.05$0
Mar 199303518.14$0
Feb 19931293417.90$2,309
Jan 19930116.93$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.

Aug 2023 — as filed, then multipliedworked
Oil                   47 bbl  × $ 80.52 =     $3,784
Casinghead gas         0 Mcf  × $  2.67 =         $0

────────────────────────────────────────────────────
Month total                                   $3,784

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/16376 is the state's own key, not one this site invented.