MARTIN PHILLIPS

Operated by GUNN OIL COMPANY (P-5 339493) in the BRIDJOURNER field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32386District 7BField 11925500Hydrogen sulphide fieldOilSaveExport
Value, all time
$2.4 M
Oct 2019 – May 2026
Value, last 12 filed months
$213 k
at the published price for each month
Months reported
80
no gaps in the span
Streams
1
oil

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 25 leases and 41 wells, and the rule below applies to all of them.

Discovered
1985-05-20
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

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
OilDisposition39,631 bbl$2,384,290
Total$2,384,290

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 32.7229, -100.5551. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.72291, -100.55510 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,150 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 7,150 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-1513313617,150 ftOct 2019

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 (80)

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

80 months

May 2026343106.413.05$36,499
Apr 202618898.932.87$18,599
Mar 202614989.753.15$13,373
Feb 202636263.503.75$22,987
Jan 202617759.138.00$10,466
Dec 202517756.664.41$10,029
Nov 202516758.593.93$9,785
Oct 202536459.383.30$21,614
Sep 202518362.743.08$11,481
Aug 202535363.933.01$22,567
Jul 202518766.743.32$12,480
Jun 202535166.483.13$23,334
May 202518060.553.23$10,899
Apr 202535062.363.54$21,826
Mar 202552167.704.27$35,272
Feb 202517770.884.34$12,546
Jan 202536874.324.28$27,350
Dec 202436868.993.12$25,388
Nov 202437369.052.20$25,756
Oct 202436571.372.28$26,050
Sep 202434969.612.36$24,294
Aug 202453775.632.06$40,613
Jul 202454379.932.15$43,402
Jun 202471378.082.63$55,671
May 202418378.812.20$14,422
Apr 202435284.451.66$29,726
Mar 202418180.301.55$14,534
Feb 202418076.091.78$13,696
Jan 202435873.023.30$26,141
Dec 202317371.262.61$12,328
Nov 202317877.892.81$13,864
Oct 202336485.443.09$31,100
Sep 202336189.042.74$32,143
Aug 202318180.522.67$14,574
Jul 202336274.852.64$27,096
Jun 202334168.962.26$23,515
May 202317570.622.23$12,359
Apr 202350178.122.24$39,138
Mar 202337772.852.39$27,464
Feb 202335975.112.47$26,964
Jan 202336576.533.39$27,933
Dec 202236276.415.73$27,660
Nov 202236085.005.65$30,600
Oct 202217987.185.86$15,605
Sep 202217684.888.16$14,939
Aug 202216994.529.13$15,974
Jul 2022357101.587.54$36,264
Jun 2022181115.097.98$20,831
May 2022344109.378.43$37,623
Apr 2022178104.226.84$18,551
Mar 2022342108.885.08$37,237
Feb 202234891.054.86$31,685
Jan 202233481.844.54$27,335
Dec 202135671.323.90$25,390
Nov 202134677.435.24$26,791
Oct 202117779.795.71$14,123
Sep 202150869.865.35$35,489
Aug 202117666.024.22$11,620
Jul 202117770.783.98$12,528
Jun 202117769.493.38$12,300
May 202149263.483.02$31,232
Apr 202133060.362.76$19,919
Mar 202152161.302.72$31,937
Feb 202134257.805.55$19,768
Jan 202150350.412.81$25,356
Dec 202050044.642.68$22,320
Nov 202070338.772.71$27,255
Oct 202051036.972.48$18,855
Sep 202085037.091.99$31,527
Aug 202051339.982.39$20,510
Jul 20201,02438.371.83$39,291
Jun 20201,85034.901.69$64,565
May 2020016.921.81$0
Apr 20201,39414.751.80$20,562
Mar 20202,27530.341.86$69,024
Feb 20202,42449.881.98$120,909
Jan 20202,27557.252.09$130,244
Dec 20192,79559.012.30$164,933
Nov 20192,24755.302.75$124,259
Oct 2019053.472.42$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.

May 2026 — as filed, then multipliedworked
Oil                  343 bbl  × $106.41 =    $36,499

────────────────────────────────────────────────────
Month total                                  $36,499

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/32386 is the state's own key, not one this site invented.