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Texas gas well

Producing

MARTINEZ, M.

Martinez, M. is a gas well in Zapata County, Texas, operated by Varas Energy Operating Company, in the Pok - A - Dot (8600) field.

1 well

1,972mcf gas, last 12 months+7% vs prior year
Operator
Varas Energy Operating Company,
County
Zapata County
Field
Pok - A - Dot (8600)
RRC lease
04-176449

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Where it sits

This county

Zapata CountyZapataJim HoggZapata County
Zapata County
Oil, last 12 months
7 bbl
Gas in Jul 2026
156 mcf

Checks stopped on this lease?

  • Operator

    Operator changed: Varas Energy Operating Company, took over from Hugoton Operating Company, Inc. in Jan 2025.

  • Buyer

    Buyer changed: ENERGY TRANSFER COMPANY replaced DCP OPERATING COMPANY, LP as the buyer of this lease's gas from gas wells on Jun 1, 2026.

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

See why checks stop on this lease

Production by month

Gas output rose 7% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 7% over the last 12 monthsMonthly gas production and oil for MARTINEZ, M., Aug 2023 to Jul 2026. Gas output rose 7% over the last 12 months. 1,972 mcf in the 12 months through Jul 2026, against 1,851 mcf in the 12 months before.Last 12 months: 1,972 mcfmcf per monthbbl per month001001200130024002Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 7% over the last 12 monthsMonthly gas production and oil for MARTINEZ, M., Aug 2023 to Jul 2026. Gas output rose 7% over the last 12 months. 1,972 mcf in the 12 months through Jul 2026, against 1,851 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001001200130024002Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
95% of the gas went to a transmission line in the last 12 monthsShare of MARTINEZ, M. gas by disposition code each month, Aug 2023 to Jul 2026. 95% 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
95% of the gas went to a transmission line in the last 12 monthsShare of MARTINEZ, M. gas by disposition code each month, Aug 2023 to Jul 2026. 95% 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.

  • Transmission line (2)

    95% · 1,866 mcf

  • Lease fuel (1)

    5.4% · 106 mcf

Who has run this lease

The operator changed 2 times, most recently in Jan 2025

Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to Nov 2020; Hugoton Operating Company, Inc., Dec 2020 to Dec 2024; Varas Energy Operating Company,, Jan 2025 to Jul 20262020202120222023202420252026Changed Dec 2020Changed Jan 2025Blackbeard Operating, LLCJan 2020 to Nov 2020Hugoton Operating Company, In…Dec 2020 to Dec 2024Varas Energy Operating Compan…Jan 2025 to now
Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to Nov 2020; Hugoton Operating Company, Inc., Dec 2020 to Dec 2024; Varas Energy Operating Company,, Jan 2025 to Jul 20262020202120222023202420252026Changed Dec 2020Changed Jan 2025Blackbeard Operating, LLCJan 2020 to Nov 2020Hugoton Operating Company, Inc.Dec 2020 to Dec 2024Varas Energy Operating Company,Jan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MARTINEZ, M.
API numberWell no.Status
42-505-3405613Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermCondensateGathers50Dec 1, 2022–
Gulfmark Energy, Inc.CondensateGathers50May 1, 2020–
Energy Transfer CompanyGas-well gasBuys100Jun 1, 2026–
Varas Energy Operating Company,Gas-well gasGathers100Jun 1, 2026–
Hugoton Operating Company, Inc.Gas-well gasGathers100Jun 1, 2021Jun 1, 2026
Dcp Operating Company, LPGas-well gasBuys100Dec 1, 2019Jun 1, 2026
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers50May 1, 2020Dec 1, 2022
Bluestone Natural Res. Ii, LLCGas-well gasGathers100Dec 1, 2019Jun 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers100Dec 1, 2019May 1, 2020
Flint Hills Resources, LPCondensateGathers100Jul 1, 2005Dec 1, 2019

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

Who buys my oilOil price check

1,053 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Martinez, M.
API numberWell no.Acreson the permit
42-505-34056131,053

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for MARTINEZ, M.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Varas Energy101561360$80.46$2.89
Jun 2026Varas Energy001621410$84.81$3.15
May 2026Varas Energy101791600$102.13$2.94
Apr 2026Varas Energy001181180$100.32$2.77
Mar 2026Varas Energy041721720$91.38$3.04
Feb 2026Varas Energy101291290$64.51$3.62
Jan 2026Varas Energy201721690$60.04$7.72
Dec 2025Varas Energy001661630$57.97$4.26
Nov 2025Varas Energy021851820$60.06$3.79
Oct 2025Varas Energy101581470$60.89$3.19
Sep 2025Varas Energy001761650$63.96$2.97
Aug 2025Varas Energy101991840$64.86$2.91
Jul 2025Varas Energy001991850$68.39$3.20
Jun 2025Varas Energy002212040$68.17$3.02
May 2025Varas Energy141661540$62.17$3.12
Apr 2025Varas Energy201871710$63.54$3.42
Mar 2025Varas Energy121931750$68.24$4.12
Feb 2025Varas Energy202582340$71.53$4.19
Jan 2025Varas Energy202312080$75.74$4.13
Dec 2024Hugoton Operating011851660$70.12$3.01
Nov 2024Hugoton Operating1066600$69.95$2.12
Oct 2024Hugoton Operating101411290$71.99$2.20
Sep 2024Hugoton Operating00000$70.24$2.28
Aug 2024Hugoton Operating00440$76.68$1.99
Jul 2024Hugoton Operating00000$81.80$2.07
Jun 2024Hugoton Operating00000$79.77$2.54
May 2024Hugoton Operating00000$80.02$2.12
Apr 2024Hugoton Operating00000$85.35$1.60
Mar 2024Hugoton Operating00000$81.28$1.49
Feb 2024Hugoton Operating00000$77.25$1.72
Jan 2024Hugoton Operating00000$74.15$3.18
Dec 2023Hugoton Operating00000$71.90$2.52
Nov 2023Hugoton Operating00000$77.69$2.71
Oct 2023Hugoton Operating002541920$85.64$2.98
Sep 2023Hugoton Operating0057430$89.43$2.64
Aug 2023Hugoton Operating0078570$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

OperatorVaras Energy Operating Company,FieldPok - A - Dot (8600)CountyZapata County

Varas Energy Operating Company, in Zapata County

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Pok - A - Dot (8600) field

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