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Texas gas well

Producing

MARTIN "3400"

Martin "3400" is a gas well in Stephens County, Texas, operated by Petex in the Pitz (Duffer) field.

1 well

3,533mcf gas, last 12 months−40% vs prior year
Operator
Petex
County
Stephens County
Field
Pitz (Duffer)
RRC lease
7B-238039

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Where it sits

This county

Stephens CountyStephensShackelfordJackPalo PintoEastlandThrockmortonYoungStephens County
Stephens County
Oil, last 12 months
128 bbl
Gas in Jul 2026
237 mcf

Checks stopped on this lease?

  • Buyer

    Buyer changed: COLT G & P (NORTH TEXAS) L.P. replaced TAURUS GAS SERVICES, L.P. as the buyer of this lease's gas from gas wells on Mar 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output fell 40% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 40% over the last 12 monthsMonthly gas production and oil for MARTIN "3400", Aug 2023 to Jul 2026. Gas output fell 40% over the last 12 months. 3,533 mcf in the 12 months through Jul 2026, against 5,847 mcf in the 12 months before.Last 12 months: 3,533 mcfmcf per monthbbl per month00500501,0001001,5001502,000200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 40% over the last 12 monthsMonthly gas production and oil for MARTIN "3400", Aug 2023 to Jul 2026. Gas output fell 40% over the last 12 months. 3,533 mcf in the 12 months through Jul 2026, against 5,847 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00500501,0001001,5001502,000200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of MARTIN "3400" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of MARTIN "3400" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MARTIN "3400"
API numberWell no.Status
42-429-363991Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCCondensateGathers100May 1, 2010–
Colt G & P (North Texas) L.p.Gas-well gasBuys100Mar 1, 2026–
Colt Gathering (North Texas)l.p.Gas-well gasGathers100Mar 1, 2026–
Taurus Gas Services, L.p.Gas-well gasGathers100Jan 1, 2022Mar 1, 2026
Taurus Gas Services, L.p.Gas-well gasBuys100Jan 1, 2022Mar 1, 2026
Hanlon Gas Processing, Ltd.Gas-well gasGathers100May 1, 2008Jan 1, 2022
Hanlon Gas Processing, Ltd.Gas-well gasBuys100May 1, 2008Jan 1, 2022

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

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265 acres on the newest permit

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Permits for Martin "3400"
API numberWell no.Acreson the permit
42-429-363991265

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for MARTIN "3400"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026002372370$80.46$2.89
Jun 20261281282622620$84.81$3.15
May 2026002562560$102.13$2.94
Apr 2026002302300$100.32$2.77
Mar 2026002762760$91.38$3.04
Feb 2026002852850$64.51$3.62
Jan 2026003203200$60.04$7.72
Dec 2025003283280$57.97$4.26
Nov 2025003153150$60.06$3.79
Oct 2025003433430$60.89$3.19
Sep 2025003533530$63.96$2.97
Aug 2025003283280$64.86$2.91
Jul 2025003713710$68.39$3.20
Jun 2025004254250$68.17$3.02
May 2025004754750$62.17$3.12
Apr 2025004464460$63.54$3.42
Mar 2025004604600$68.24$4.12
Feb 2025004584580$71.53$4.19
Jan 2025004404400$75.74$4.13
Dec 2024005145140$70.12$3.01
Nov 2024005205200$69.95$2.12
Oct 2024006856850$71.99$2.20
Sep 2024002862860$70.24$2.28
Aug 2024007677670$76.68$1.99
Jul 2024009859850$81.80$2.07
Jun 2024009409400$79.77$2.54
May 2024009439430$80.02$2.12
Apr 2024007807800$85.35$1.60
Mar 2024009589580$81.28$1.49
Feb 2024001,1321,1320$77.25$1.72
Jan 2024001,2371,2370$74.15$3.18
Dec 2023001,3951,3950$71.90$2.52
Nov 2023001,4191,4190$77.69$2.71
Oct 202327471,6041,6040$85.64$2.98
Sep 2023001,6661,6660$89.43$2.64
Aug 2023001,8101,8100$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorPetexFieldPitz (Duffer)CountyStephens County

Petex in Stephens County

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Pitz (Duffer) field

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