MARTIN "A"

Operated by WALTER EXPLORATION INC. (P-5 895235) in the MENGEL, E. (CANYON SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23694District 7BField 60496500OilCasinghead gasSaveExport
Value, all time
$88 k
Jan 1993 – Jun 2001
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
102
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 12 leases and 102 wells, and the rule below applies to all of them.

Discovered
1961-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
660 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 1985-01-01.

The Commission's schedule remark for this field reads: FIELDS RULES PERMANENT DKT #7B-87382 EFF. 5/19/86.

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
OilDisposition4,499 bbl$82,040
Casinghead gasProduction10,080 Mcf$5,463
Total$87,504

7,784 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 (4)

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 33.0467, -100.1848. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.04704, -100.18434 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
4,500 ft
4 wells filed one
Completion to plug
27.6 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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

Between 4,500 and 4,500 ft, median 4,500 ft, over the 4 wells that filed a depth.

Completions filed
May 1985 – May 2007
4 of 4 wells
Plug dates filed
May 2013 – Jun 2018
4 of 4 wells

Last completion to plug: a median of 27.6 years across the 4 wells that filed both dates, with the middle half between 23.2 years and 29.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-4333190014,500 ftMay 2007Jun 2018Yes
42-4333215444,500 ftMar 1986May 2013Yes
42-4333200134,500 ftMay 1985Jan 2018Yes
42-4333199524,500 ftMay 1985May 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 (102)

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

102 months

Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 2001225024.545.38$5,522
Feb 2001214027.755.77$5,939
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
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 199930023.192.43$696
Oct 1999177020.982.80$3,713
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 19980712.421.97$14
Sep 199802912.592.08$60
Aug 1998010111.301.91$193
Jul 1998010511.742.24$235
Jun 199809111.242.24$204
May 199808912.622.21$196
Apr 19981127113.042.51$1,638
Mar 199804712.802.31$109
Feb 199803513.952.30$80
Jan 199802314.702.15$50
Dec 199706116.322.41$147
Nov 199705418.193.09$167
Oct 199708819.253.15$277
Sep 199718110717.742.95$3,527
Aug 1997010717.862.55$273
Jul 19970117.582.25$2
Jun 199716613517.242.26$3,167
May 1997028118.972.31$649
Apr 1997015317.882.08$319
Mar 199718341318.951.94$4,269
Feb 1997012420.492.21$274
Jan 1997017423.483.54$616
Dec 199617321123.32$4,034
Nov 1996022121.97$0
Oct 1996026623.31$0
Sep 1996029422.22$0
Aug 199617624720.26$3,566
Jul 1996029719.55$0
Jun 1996025118.73$0
May 199617815119.43$3,459
Apr 199616528221.51$3,549
Mar 1996029219.38$0
Feb 1996030916.98$0
Jan 199618113717.07$3,090
Dec 1995013417.19$0
Nov 199509616.00$0
Oct 199518311215.43$2,824
Sep 1995020116.18$0
Aug 1995021515.92$0
Jul 199518119415.24$2,758
Jun 1995025516.41$0
May 199517916017.56$3,143
Apr 1995014117.73$0
Mar 1995026216.44$0
Feb 1995025316.58$0
Jan 199518315815.92$2,913
Dec 1994010615.03$0
Nov 199418321215.90$2,910
Oct 1994026215.58$0
Sep 1994031215.29$0
Aug 1994035116.13$0
Jul 199416634917.56$2,915
Jun 199417822717.09$3,042
May 1994028215.88$0
Apr 199409314.14$0
Mar 1994011612.46$0
Feb 19941838012.50$2,288
Jan 1994011012.66$0
Dec 1993013412.33$0
Nov 1993181114.49$2,623
Oct 19930115.85$0
Sep 1993180115.03$2,705
Aug 19930115.66$0
Jul 19930115.46$0
Jun 1993180116.79$3,022
May 19930117.68$0
Apr 19930118.05$0
Mar 1993180118.14$3,265
Feb 19930117.90$0
Jan 1993181116.93$3,064

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.

Mar 2001 — as filed, then multipliedworked
Oil                  225 bbl  × $ 24.54 =     $5,522
Casinghead gas         0 Mcf  × $  5.38 =         $0

────────────────────────────────────────────────────
Month total                                   $5,522

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/23694 is the state's own key, not one this site invented.