MARTIN, NAN "B"

Operated by PRIMEXX OPERATING CORPORATION (P-5 677852) in the CLAYTON RANCH, N. (SPRABERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68682District 8AField 18790700OilCasinghead gasSave
Value, all time
$24.1 M
Aug 2004 – Jul 2009
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
60
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
OilDisposition327,155 bbl$22,562,011
Casinghead gasProduction191,943 Mcf$1,522,984
Total$24,084,995

Wells on this lease (9)

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 32.8842, -101.5167. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.88393, -101.51682 · 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
22.2%
2 of 9 wells
With a plug date
33.3%
3 of 9 wells
Median depth
6,800 ft
9 wells filed one
Completion to plug
8.2 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
222.2%
A plug date is filed
333.3%
BothOn the schedule and plugged. Neither fact cancels the other.
222.2%
NeitherNo plug date, and not on the schedule.
666.7%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 9 of 9 wells. Median 6,800 ft, with the middle half between 6,575 and 6,800 ft; the shallowest is 5,922 ft and the deepest 8,963 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

00s
10s

Last completion by decade, 9 of 9 wells, Jan 2002 – Oct 2018. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 2002 – Oct 2018
9 of 9 wells
Plug dates filed
Sep 2004 – Jun 2013
3 of 9 wells; 6 filed none

Last completion to plug: a median of 8.2 years across the 2 wells that filed both dates, with the middle half between 8.1 years and 8.3 years. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

9 wells

42-0333183334056,600 ftOct 2018
42-0333202927158,963 ftSep 2018
42-0333206527175,922 ftNov 2008
42-0333204427166,800 ftDec 2007
42-0333191634116,800 ftJul 2005Jun 2013Yes
42-033319053410WS6,250 ftMar 2005Sep 2004
42-0333182427066,800 ftJan 2003Jun 2011Yes
42-0333178916,575 ftDec 2002
42-0333180326,810 ftJan 2002

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 (60)

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

60 months

Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20093,8833,11642.144.06$176,277
Feb 20092,9413,16332.814.63$111,148
Jan 20092,4862,23135.865.37$101,131
Dec 20082,5182,81737.105.98$110,255
Nov 20081,8212,70355.496.86$119,591
Oct 20084,3063,63975.246.92$349,173
Sep 20085,1776,102101.767.88$574,878
Aug 20086,4616,127114.228.48$789,951
Jul 20087,6816,964131.0811.39$1,086,141
Jun 20086,6205,700131.3313.03$943,691
May 20088,4976,882123.1711.57$1,126,230
Apr 20086,6957,697110.3110.45$818,997
Mar 20088,1299,341101.909.66$918,617
Feb 20085,9374,16492.538.77$585,871
Jan 20085,5643,75590.388.21$533,687
Dec 20076,0123,51188.337.30$556,677
Nov 20075,8773,09791.677.29$561,327
Oct 20075,2412,95982.856.92$454,699
Sep 20075,5813,43975.846.24$444,737
Aug 20077,5542,84569.066.39$539,853
Jul 20076,9622,89670.906.39$512,105
Jun 20077,3702,93062.007.55$479,057
May 20075,8483,22058.747.85$368,777
Apr 20075,7143,79859.617.81$370,256
Mar 20079,4784,73356.927.30$574,048
Feb 20077,2403,94855.108.22$431,361
Jan 20074,1922,99650.306.73$231,011
Dec 200610,3565,20556.656.92$622,678
Nov 200610,5837,31954.207.62$629,351
Oct 200610,2217,21954.906.01$604,547
Sep 20067,8895,57260.085.04$502,038
Aug 20068,9145,67868.717.34$654,157
Jul 20068,3744,40569.376.34$608,844
Jun 20067,6073,80666.286.38$528,489
May 20069,1173,51066.016.42$624,365
Apr 20067,5453,34864.397.36$510,465
Mar 20062,7952,87656.707.08$178,847
Feb 20061,1611,72657.597.75$80,240
Jan 20066,2041,47860.598.93$389,104
Dec 20054,07785454.9413.42$235,447
Nov 20052,47277054.6910.59$143,347
Oct 20054,9311,61258.3413.80$309,913
Sep 20057,0412,70261.4512.08$465,307
Aug 20056,3802,05361.519.80$412,547
Jul 20055,0641,83555.697.84$296,407
Jun 20054,3861,59252.337.38$241,270
May 20054,0501,52145.226.65$193,257
Apr 20054,4461,84449.207.36$232,316
Mar 20053,8541,34150.377.15$203,721
Feb 20052,2961,74545.226.31$114,839
Jan 20055,1681,40943.166.32$231,959
Dec 20044,7821,11839.866.75$198,158
Nov 20045,5071,69545.286.33$260,087
Oct 20045,1371,19349.706.52$263,081
Sep 20045,31195043.245.28$234,667
Aug 20045,70279442.375.55$246,001

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 2009 — as filed, then multipliedworked
Oil                3,883 bbl  × $ 42.14 =   $163,630
Casinghead gas     3,116 Mcf  × $  4.06 =    $12,648

────────────────────────────────────────────────────
Month total                                 $176,277

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. 8A/O/68682 is the state's own key, not one this site invented.