MARTIN

Operated by HIGHMOUNT EXPL & PROD TEXAS LLC (P-5 385842) in the SONORA (CANYON UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 200458District 7CField 846465002 tax incentive programmesGasSaveExport
Value, all time
$237 k
May 2003 – Dec 2008
Value, last 12 filed months
$720
at the published price for each month
Months reported
68
no gaps in the span
Streams
1
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 959 leases and 959 wells, and the rule below applies to all of them.

Discovered
1954-05-01
as the register files it
Field class
Gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1993-09-13.

The Commission's schedule remark for this field reads: EFFECTIVE JAN 1; ANNUAL TESTING. ALL WELLS EXEMPT FROM SIWHP.

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
High Cost Gas112004-07-21153691
NGPA1none

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
GasProduction38,956 Mcf$237,131
Total$237,131

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 30.6880, -100.6403. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.68795, -100.64033 · 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
6,520 ft
1 wells filed one
Completion to plug
5.6 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 6,520 ft.

Completions filed
May 2003
1 of 1 wells
Plug dates filed
Dec 2008
1 of 1 wells

Last completion to plug: a median of 5.6 years across the 1 well that filed both dates, with the middle half between 5.6 years and 5.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-43536303246,520 ftMay 2003Dec 2008Yes

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 (68)

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

68 months

Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 20082592.538.77$219
Jan 20086190.388.21$501
Dec 20076288.337.30$453
Nov 20076091.677.29$438
Oct 20076182.856.92$422
Sep 20076075.846.24$375
Aug 20076269.066.39$396
Jul 20076070.906.39$383
Jun 20075962.007.55$445
May 20076058.747.85$471
Apr 20075759.617.81$445
Mar 20076156.927.30$445
Feb 20075555.108.22$452
Jan 20077150.306.73$478
Dec 20065356.656.92$367
Nov 20066054.207.62$457
Oct 20066254.906.01$373
Sep 20066360.085.04$317
Aug 20067568.717.34$550
Jul 20067969.376.34$501
Jun 20068066.286.38$511
May 20068566.016.42$546
Apr 20068564.397.36$626
Mar 20068956.707.08$630
Feb 20068457.597.75$651
Jan 20068260.598.93$733
Dec 200511054.9413.42$1,476
Nov 200539954.6910.59$4,225
Oct 200533858.3413.80$4,663
Sep 200532661.4512.08$3,938
Aug 200534461.519.80$3,370
Jul 200535055.697.84$2,745
Jun 200530852.337.38$2,273
May 200516945.226.65$1,124
Apr 200533249.207.36$2,444
Mar 200537450.377.15$2,676
Feb 200538845.226.31$2,449
Jan 200532243.166.32$2,036
Dec 200435439.866.75$2,390
Nov 200440445.286.33$2,557
Oct 200443149.706.52$2,808
Sep 200457943.245.28$3,059
Aug 200448642.375.55$2,698
Jul 200454038.286.08$3,285
Jun 200445236.106.43$2,908
May 200461037.486.49$3,962
Apr 200454234.475.86$3,175
Mar 200484334.365.53$4,662
Feb 20041,00532.455.51$5,537
Jan 20041,25432.036.30$7,900
Dec 20031,07730.266.30$6,787
Nov 20031,40028.804.60$6,433
Oct 20031,10528.174.76$5,259
Sep 20031,51326.314.75$7,186
Aug 20031,55529.765.13$7,977
Jul 20033,27629.415.17$16,940
Jun 20038,74428.565.98$52,315
May 20037,31526.595.97$43,690

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.

Feb 2008 — as filed, then multipliedworked
Gas                   25 Mcf  × $  8.77 =       $219

────────────────────────────────────────────────────
Month total                                     $219

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. 7C/G/200458 is the state's own key, not one this site invented.