MARTIN "A"

Operated by EXLCO, INC. (P-5 256985) in the PRISLOVSKY (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26903District 7BField 73225600OilCasinghead gasSave
Value, all time
$215 k
Jan 1993 – Jan 2008
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
181
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition3,089 bbl$85,448
Casinghead gasProduction22,271 Mcf$129,474
Total$214,922

937 Mcf of this lease's gas, across 26 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 (2)

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 33.2016, -99.0996. A lease has no coordinate of its own — that point is the mean of its wells, and they span 23.5 miles.

33.20158, -99.09964 · 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%
2 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
4,772 ft
2 wells filed one
Completion to plug
2.0 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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 4,668 and 4,876 ft, median 4,772 ft, over the 2 wells that filed a depth.

Completions filed
Nov 1987 – Jan 2017
2 of 2 wells
Plug dates filed
Nov 1989
1 of 2 wells; 1 filed none

Last completion to plug: a median of 2.0 years across the 1 well that filed both dates, with the middle half between 2.0 years and 2.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-447347131 A4,668 ftJan 2017Yes
42-4473471714,876 ftNov 1987Nov 1989Yes

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 (181)

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

181 months

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 200781062.007.55$5,022
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 2006017760.085.04$892
Aug 2006028168.717.34$2,063
Jul 200616226169.376.34$12,893
Jun 2006029766.286.38$1,896
May 2006028466.016.42$1,825
Apr 2006027964.397.36$2,054
Mar 2006029656.707.08$2,097
Feb 2006028657.597.75$2,217
Jan 2006030260.598.93$2,698
Dec 2005036354.9413.42$4,870
Nov 2005037654.6910.59$3,981
Oct 2005040858.3413.80$5,629
Sep 2005026261.4512.08$3,165
Aug 2005033861.519.80$3,311
Jul 2005032455.697.84$2,541
Jun 2005021252.337.38$1,565
May 2005017745.226.65$1,177
Apr 2005026849.207.36$1,973
Mar 200516928550.377.15$10,552
Feb 2005022645.226.31$1,426
Jan 2005029943.166.32$1,890
Dec 2004030639.866.75$2,066
Nov 2004010745.286.33$677
Oct 2004022049.706.52$1,433
Sep 200416629443.245.28$8,731
Aug 2004025242.375.55$1,399
Jul 2004022138.286.08$1,345
Jun 2004030036.106.43$1,930
May 2004033337.486.49$2,163
Apr 2004025334.475.86$1,482
Mar 200415430534.365.53$6,978
Feb 2004025932.455.51$1,427
Jan 2004030032.036.30$1,890
Dec 2003029230.266.30$1,840
Nov 2003028428.804.60$1,305
Oct 2003030528.174.76$1,452
Sep 200316931226.314.75$5,928
Aug 2003039129.765.13$2,006
Jul 2003042029.415.17$2,172
Jun 2003037528.565.98$2,244
May 2003042126.595.97$2,515
Apr 200315542826.675.41$6,448
Mar 2003045431.146.10$2,768
Feb 2003038333.487.93$3,036
Jan 2003052030.315.58$2,903
Dec 200215148926.914.85$6,437
Nov 2002057224.664.14$2,366
Oct 2002061926.464.23$2,618
Sep 200215360927.443.64$6,412
Aug 2002075225.963.16$2,379
Jul 2002024924.583.06$762
Jun 200203323.733.34$110
May 200203224.663.58$115
Apr 200203823.653.51$133
Mar 200203922.003.10$121
Feb 200203918.222.38$93
Jan 200204917.172.38$116
Dec 200102716.932.36$64
Nov 200104718.072.41$113
Oct 200105419.782.53$137
Sep 200107524.262.25$169
Aug 200106624.873.05$202
Jul 2001010823.933.20$345
Jun 200108824.563.82$337
May 2001142825.524.31$3,658
Apr 2001012024.685.34$640
Mar 2001016824.545.38$903
Feb 2001019527.755.77$1,125
Jan 2001024327.478.40$2,041
Dec 2000036526.889.12$3,330
Nov 2000057432.215.66$3,248
Oct 2000096431.235.15$4,960
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 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 1998125011.301.91$1,413
Jul 199802611.742.24$58
Jun 199802411.242.24$54
May 199803012.622.21$66
Apr 199803713.042.51$93
Mar 199801612.802.31$37
Feb 199803213.952.30$74
Jan 1998147014.702.15$2,161
Dec 199704416.322.41$106
Nov 199704018.193.09$124
Oct 199704319.253.15$135
Sep 199706917.742.95$204
Aug 199707517.862.55$192
Jul 19970017.582.25$0
Jun 19971539217.242.26$2,845
May 1997010118.972.31$233
Apr 1997012617.882.08$262
Mar 199709618.951.94$186
Feb 199707320.492.21$161
Jan 19971285223.483.54$3,190
Dec 199604023.32$0
Nov 199603921.97$0
Oct 19961385423.31$3,217
Sep 199609822.22$0
Aug 1996036020.26$0
Jul 199615228119.55$2,972
Jun 199604618.73$0
May 19960119.43$0
Apr 19960121.51$0
Mar 1996136119.38$2,636
Feb 19960116.98$0
Jan 19960117.07$0
Dec 19950117.19$0
Nov 1995149116.00$2,384
Oct 19950115.43$0
Sep 19950116.18$0
Aug 19950115.92$0
Jul 19950115.24$0
Jun 1995138116.41$2,265
May 19950117.56$0
Apr 19950117.73$0
Mar 1995161116.44$2,647
Feb 19950116.58$0
Jan 19950115.92$0
Dec 1994160115.03$2,405
Nov 19940115.90$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 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Jun 2007 — as filed, then multipliedworked
Oil                   81 bbl  × $ 62.00 =     $5,022
Casinghead gas         0 Mcf  × $  7.55 =         $0

────────────────────────────────────────────────────
Month total                                   $5,022

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/26903 is the state's own key, not one this site invented.