MARTIN, T. L.

Operated by CROSSROADS OPERATING, LLC (P-5 190710) in the SHARON RIDGE (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8723District 8AField 82710166Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$10.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$263 k
at the published price for each month
Months reported
401
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 250 leases and 1,129 wells, and the rule below applies to all of them.

Discovered
1950-10-02
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 10 acres.

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.

The Commission's schedule remark for this field reads: CORRELATIVE INTERVAL 1996-3260'.

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
OilDisposition198,143 bbl$10,263,036
Casinghead gasProduction16,138 Mcf$52,158
Total$10,315,195

21 Mcf of this lease's gas, across 21 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 (8)

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 32.6079, -101.0553. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.60862, -101.05516 · 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 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
3,323 ft
6 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.
8100.0%

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

Total depth in feet, 6 of 8 wells. Median 3,323 ft, with the middle half between 3,215 and 3,349 ft; the shallowest is 2,401 ft and the deepest 3,617 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

Last completion by decade, 6 of 8 wells, Oct 1996 – Jan 2023. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 1996 – Jan 2023
6 of 8 wells; 2 filed none

8 wells

42-415006464
42-415045252
42-4153352063,320 ftJan 2023
42-4153471993,617 ftMay 2012
42-4150452413,180 ftAug 2008
42-4153362983,357 ftJun 2006
42-4153351353,325 ftMar 1997
42-4150452632,401 ftOct 1996

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 (401)

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

401 months

May 20263460106.413.05$36,818
Apr 2026165098.932.87$16,323
Mar 2026345089.753.15$30,964
Feb 2026347063.503.75$22,035
Jan 2026335059.138.00$19,809
Dec 2025340056.664.41$19,264
Nov 2025339058.593.93$19,862
Oct 2025342059.383.30$20,308
Sep 2025343062.743.08$21,520
Aug 2025347063.933.01$22,184
Jul 2025344066.743.32$22,959
Jun 2025171066.483.13$11,368
May 2025347060.553.23$21,011
Apr 2025347062.363.54$21,639
Mar 2025346067.704.27$23,424
Feb 2025342070.884.34$24,241
Jan 2025333074.324.28$24,749
Dec 2024328068.993.12$22,629
Nov 2024339069.052.20$23,408
Oct 2024335071.372.28$23,909
Sep 2024326069.612.36$22,693
Aug 2024341075.632.06$25,790
Jul 2024335079.932.15$26,777
Jun 2024343078.082.63$26,781
May 2024319078.812.20$25,140
Apr 2024339084.451.66$28,629
Mar 2024502080.301.55$40,311
Feb 2024353076.091.78$26,860
Jan 2024335073.023.30$24,462
Dec 2023338071.262.61$24,086
Nov 2023350077.892.81$27,262
Oct 2023341085.443.09$29,135
Sep 2023351089.042.74$31,253
Aug 2023342080.522.67$27,538
Jul 2023339074.852.64$25,374
Jun 2023333068.962.26$22,964
May 2023167070.622.23$11,794
Apr 2023349078.122.24$27,264
Mar 2023349072.852.39$25,425
Feb 2023343075.112.47$25,763
Jan 2023348076.533.39$26,632
Dec 2022349076.415.73$26,667
Nov 2022349085.005.65$29,665
Oct 2022340087.185.86$29,641
Sep 2022514084.888.16$43,628
Aug 2022175094.529.13$16,541
Jul 20225160101.587.54$52,415
Jun 20223410115.097.98$39,246
May 20223330109.378.43$36,420
Apr 20223410104.226.84$35,539
Mar 20225290108.885.08$57,598
Feb 2022335091.054.86$30,502
Jan 2022347081.844.54$28,398
Dec 2021533071.323.90$38,014
Nov 2021356077.435.24$27,565
Oct 2021513079.795.71$40,932
Sep 2021343069.865.35$23,962
Aug 2021343066.024.22$22,645
Jul 2021354070.783.98$25,056
Jun 2021356069.493.38$24,738
May 2021343063.483.02$21,774
Apr 2021338060.362.76$20,402
Mar 2021521061.302.72$31,937
Feb 2021171057.805.55$9,884
Jan 2021333050.412.81$16,787
Dec 2020339044.642.68$15,133
Nov 2020335038.772.71$12,988
Oct 2020337036.972.48$12,459
Sep 2020347037.091.99$12,870
Aug 2020168039.982.39$6,717
Jul 2020511038.371.83$19,607
Jun 2020228034.901.69$7,957
May 20200016.921.81$0
Apr 2020177014.751.80$2,611
Mar 2020524030.341.86$15,898
Feb 202034714049.881.98$17,586
Jan 202053515857.252.09$30,960
Dec 201934715659.012.30$20,836
Nov 201935515755.302.75$20,063
Oct 201935915853.472.42$19,578
Sep 201949815455.052.66$27,824
Aug 201935416153.112.30$19,172
Jul 201934315756.272.46$19,687
Jun 201953515452.782.49$28,621
May 201935415958.482.74$21,138
Apr 201933915462.632.75$21,655
Mar 201951815756.803.06$29,903
Feb 201935513850.852.79$18,437
Jan 201953515746.033.23$25,133
Dec 201836315846.594.19$17,573
Nov 201851915352.934.24$28,119
Oct 201835915761.443.40$22,590
Sep 201849615759.543.11$30,020
Aug 201845615759.403.07$27,568
Jul 201849615465.142.93$32,761
Jun 201835315060.183.08$21,705
May 201852415365.382.90$34,703
Apr 201835714763.842.90$23,217
Mar 201853315061.222.79$33,048
Feb 201835513761.782.77$22,311
Jan 201853015462.874.01$33,939
Dec 201735415157.272.92$20,715
Nov 201736214855.423.12$20,524
Oct 201752515849.292.98$26,349
Sep 201735315047.523.09$17,238
Aug 201752115445.373.00$24,100
Jul 201734814943.873.09$15,727
Jun 201752115142.493.09$22,603
May 201751815445.373.26$24,004
Apr 201735315047.933.21$17,401
Mar 201753015346.772.98$25,245
Feb 201735114050.452.95$18,121
Jan 201753015449.413.42$26,714
Dec 201636015648.763.72$18,134
Nov 201653215042.492.64$23,001
Oct 201650715546.193.09$23,897
Sep 201635515141.553.10$15,218
Aug 201653615441.442.92$22,662
Jul 201650315741.622.92$21,394
Jun 201635215045.352.69$16,366
May 201670415342.521.99$30,239
Apr 201635814936.561.99$13,385
Mar 201653814733.011.79$18,023
Feb 201636614426.472.06$9,985
Jan 201671715527.352.36$19,976
Dec 201536115332.362.00$11,988
Nov 201552614938.792.17$20,726
Oct 201535015043.552.43$15,606
Sep 201554114942.992.76$23,669
Aug 201535715140.162.87$14,771
Jul 201553914948.152.95$26,392
Jun 201553914556.152.88$30,683
May 201553415055.212.96$29,925
Apr 201554114649.822.71$27,348
Mar 201554914842.892.93$23,981
Feb 201536413744.662.98$16,664
Jan 201554913943.433.10$24,274
Dec 201454215354.693.59$30,191
Nov 201453914670.464.25$38,599
Oct 201473416078.303.90$58,096
Sep 201435015486.164.05$30,779
Aug 201469316089.394.04$62,593
Jul 201454416096.564.18$53,197
Jun 201472415598.164.74$71,802
May 201453915694.734.73$51,797
Apr 201454915295.944.81$53,402
Mar 201473315795.895.06$71,081
Feb 201454814097.406.19$54,242
Jan 201454815190.404.86$50,273
Dec 201369515591.824.35$64,490
Nov 201370215188.853.74$62,937
Oct 201373015897.423.78$71,714
Sep 2013548153104.113.72$57,621
Aug 2013718154104.253.52$75,394
Jul 2013723153102.523.72$74,691
Jun 201372214894.403.93$68,739
May 201373025594.834.15$70,284
Apr 201372830393.964.28$69,701
Mar 201373631493.623.91$70,133
Feb 201372628391.233.42$67,201
Jan 201373931591.603.42$68,770
Dec 201273732086.773.42$65,044
Nov 201291930386.953.62$81,005
Oct 201290530589.383.40$81,926
Sep 201291030394.672.92$87,034
Aug 20121,08931392.662.91$101,817
Jul 20121,26531585.133.02$108,641
Jun 20121,76828379.822.52$141,835
May 20121,0899191.612.49$99,990
Apr 20123210101.652.00$32,630
Mar 20125430105.052.22$57,042
Feb 20123660101.102.57$37,003
Jan 2012365098.092.73$35,803
Dec 2011546096.873.24$52,891
Nov 2011364095.723.31$34,842
Oct 2011545084.983.65$46,314
Sep 2011363083.623.99$30,354
Aug 2011361083.404.15$30,107
Jul 2011542094.144.52$51,024
Jun 2011535092.904.64$49,702
May 2011332098.134.40$32,579
Apr 20113650105.964.33$38,675
Mar 2011543096.364.06$52,323
Feb 2011365085.644.18$31,259
Jan 2011366086.504.59$31,659
Dec 2010536085.734.35$45,951
Nov 2010365080.843.80$29,507
Oct 2010543078.103.51$42,408
Sep 2010363072.633.98$26,365
Aug 2010540073.684.42$39,787
Jul 2010361072.554.74$26,191
Jun 2010537070.364.91$37,783
May 2010353071.124.24$25,105
Apr 2010536081.694.12$43,786
Mar 2010547078.394.39$42,879
Feb 2010369173.585.44$27,156
Jan 2010365874.365.96$27,189
Dec 20095362271.445.48$38,412
Nov 2009540674.593.75$40,301
Oct 2009550072.544.11$39,897
Sep 20093622965.543.06$23,814
Aug 20095404667.423.22$36,555
Jul 2009541061.133.46$33,071
Jun 2009539066.163.90$35,660
May 2009349054.743.93$19,104
Apr 2009543046.773.59$25,396
Mar 2009636042.144.06$26,801
Feb 2009358032.814.63$11,746
Jan 2009511035.865.37$18,324
Dec 2008549037.105.98$20,368
Nov 2008532055.496.86$29,521
Oct 2008540075.246.92$40,630
Sep 20085370101.767.88$54,645
Aug 20085340114.228.48$60,993
Jul 20085340131.0811.39$69,997
Jun 20083520131.3313.03$46,228
May 20085360123.1711.57$66,019
Apr 20083630110.3110.45$40,043
Mar 20085480101.909.66$55,841
Feb 2008546092.538.77$50,521
Jan 2008359090.388.21$32,446
Dec 2007547088.337.30$48,317
Nov 2007360091.677.29$33,001
Oct 2007541082.856.92$44,822
Sep 2007357075.846.24$27,075
Aug 2007527069.066.39$36,395
Jul 2007528070.906.39$37,435
Jun 2007519062.007.55$32,178
May 2007349058.747.85$20,500
Apr 2007540059.617.81$32,189
Mar 2007364056.927.30$20,719
Feb 2007544055.108.22$29,974
Jan 2007358050.306.73$18,007
Dec 2006537056.656.92$30,421
Nov 2006537054.207.62$29,105
Oct 2006368054.906.01$20,203
Sep 2006513060.085.04$30,821
Aug 2006540068.717.34$37,103
Jul 2006538069.376.34$37,321
Jun 2006542066.286.38$35,924
May 2006542066.016.42$35,777
Apr 2006541064.397.36$34,835
Mar 2006721056.707.08$40,881
Feb 2006549057.597.75$31,617
Jan 2006547060.598.93$33,143
Dec 2005554054.9413.42$30,437
Nov 2005542054.6910.59$29,642
Oct 2005716058.3413.80$41,771
Sep 2005546061.4512.08$33,552
Aug 2005543061.519.80$33,400
Jul 2005716055.697.84$39,874
Jun 2005543052.337.38$28,415
May 2005533045.226.65$24,102
Apr 2005719049.207.36$35,375
Mar 2005544050.377.15$27,401
Feb 2005550045.226.31$24,871
Jan 2005727043.166.32$31,377
Dec 2004550039.866.75$21,923
Nov 2004547045.286.33$24,768
Oct 2004548049.706.52$27,236
Sep 2004726043.245.28$31,392
Aug 2004543042.375.55$23,007
Jul 2004718038.286.08$27,485
Jun 2004536036.106.43$19,350
May 2004710037.486.49$26,611
Apr 2004546034.475.86$18,821
Mar 2004731034.365.53$25,117
Feb 2004547032.455.51$17,750
Jan 2004730032.036.30$23,382
Dec 2003545030.266.30$16,492
Nov 2003564028.804.60$16,243
Oct 2003721028.174.76$20,311
Sep 2003713026.314.75$18,759
Aug 2003533029.765.13$15,862
Jul 2003711029.415.17$20,911
Jun 2003719028.565.98$20,535
May 2003518026.595.97$13,774
Apr 2003718026.675.41$19,149
Mar 2003545031.146.10$16,971
Feb 2003725033.487.93$24,273
Jan 2003547030.315.58$16,580
Dec 2002733026.914.85$19,725
Nov 2002708024.664.14$17,459
Oct 2002731026.464.23$19,342
Sep 2002546027.443.64$14,982
Aug 2002716025.963.16$18,587
Jul 2002721024.583.06$17,722
Jun 2002720023.733.34$17,086
May 2002720024.663.58$17,755
Apr 2002731023.653.51$17,288
Mar 2002730022.003.10$16,060
Feb 2002724018.222.38$13,191
Jan 2002732017.172.38$12,568
Dec 2001731016.932.36$12,376
Nov 2001727018.072.41$13,137
Oct 2001730019.782.53$14,439
Sep 2001875024.262.25$21,228
Aug 2001704024.873.05$17,508
Jul 2001681023.933.20$16,296
Jun 2001766024.563.82$18,813
May 2001724025.524.31$18,476
Apr 2001544024.685.34$13,426
Mar 2001735024.545.38$18,037
Feb 2001537027.755.77$14,902
Jan 2001550027.478.40$15,109
Dec 2000676026.889.12$18,171
Nov 2000710032.215.66$22,869
Oct 2000681031.235.15$21,268
Sep 2000536031.875.19$17,082
Aug 2000714029.644.54$21,163
Jul 2000716028.534.09$20,427
Jun 2000535029.304.40$15,676
May 2000719027.263.68$19,600
Apr 2000540024.513.12$13,235
Mar 2000717028.422.86$20,377
Feb 2000720027.622.73$19,886
Jan 2000545025.272.48$13,772
Dec 1999684024.282.42$16,608
Nov 1999711023.192.43$16,488
Oct 1999728020.982.80$15,273
Sep 1999536021.752.62$11,658
Aug 1999665019.262.88$12,808
Jul 1999718017.892.37$12,845
Jun 1999696015.942.36$11,094
May 1999713015.792.32$11,258
Apr 1999709015.102.21$10,706
Mar 1999726012.471.84$9,053
Feb 199952409.981.82$5,230
Jan 1999871010.381.90$9,041
Dec 199872109.201.77$6,633
Nov 1998719010.892.19$7,830
Oct 1998713012.421.97$8,855
Sep 1998900012.592.08$11,331
Aug 1998886011.301.91$10,012
Jul 1998716011.742.24$8,406
Jun 1998868011.242.24$9,756
May 1998893012.622.21$11,270
Apr 19981,068013.042.51$13,927
Mar 19981,088012.802.31$13,926
Feb 1998730013.952.30$10,184
Jan 1998724014.702.15$10,643
Dec 1997715016.322.41$11,669
Nov 1997720018.193.09$13,097
Oct 1997934019.253.15$17,980
Sep 1997895017.742.95$15,877
Aug 19971,042017.862.55$18,610
Jul 19971,202017.582.25$21,131
Jun 19971,391017.242.26$23,981
May 19971,248018.972.31$23,675
Apr 1997884017.882.08$15,806
Mar 1997361018.951.94$6,841
Feb 1997367020.492.21$7,520
Jan 1997354023.483.54$8,312
Dec 1996367023.32$8,558
Nov 1996178021.97$3,911
Oct 1996172023.31$4,009
Sep 1996158022.22$3,511
Aug 1996176020.26$3,566
Jul 1996174019.55$3,402
Jun 19960018.73$0
May 1996153019.43$2,973
Apr 1996167021.51$3,592
Mar 1996149019.38$2,888
Feb 1996172016.98$2,921
Jan 1996165017.07$2,817
Dec 1995164017.19$2,819
Nov 1995149016.00$2,384
Oct 1995292015.43$4,506
Sep 1995180016.18$2,912
Aug 19950015.92$0
Jul 1995151015.24$2,301
Jun 1995132016.41$2,166
May 1995176017.56$3,091
Apr 1995181017.73$3,209
Mar 1995345016.44$5,672
Feb 1995179016.58$2,968
Jan 1995181015.92$2,882
Dec 1994183015.03$2,750
Nov 1994185015.90$2,942
Oct 1994360015.58$5,609
Sep 1994180115.29$2,752
Aug 1994179116.13$2,887
Jul 1994180117.56$3,161
Jun 1994181117.09$3,093
May 1994358115.88$5,685
Apr 1994180114.14$2,545
Mar 1994183112.46$2,280
Feb 1994181112.50$2,263
Jan 1994180112.66$2,279
Dec 1993361112.33$4,451
Nov 1993172114.49$2,492
Oct 1993184115.85$2,916
Sep 1993173115.03$2,600
Aug 1993183115.66$2,866
Jul 1993361115.46$5,581
Jun 1993178116.79$2,989
May 1993181117.68$3,200
Apr 1993303118.05$5,469
Mar 199355118.14$998
Feb 199353117.90$949
Jan 199354116.93$914

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                  346 bbl  × $106.41 =    $36,818
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $36,818

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/8723 is the state's own key, not one this site invented.