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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

11,473mcf gas, last 12 months+8% vs prior year
Operator
Varas Energy Operating Company,
County
Zapata County
Field
Pok - A - Dot (8600)
RRC lease
04-177534

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Where it sits

This county

Zapata CountyZapataJim HoggZapata County
Zapata County
Oil, last 12 months
42 bbl
Gas in Jul 2026
868 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

Other leases named Martinez, M.

12 leases share this name in district 04. The Railroad Commission gives each gas well its own number and each oil lease another, so one unit often shows up as several of these.
Show 3 more

Production by month

Gas output rose 8% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 8% over the last 12 monthsMonthly gas production and oil for MARTINEZ, M., Aug 2023 to Jul 2026. Gas output rose 8% over the last 12 months. 11,473 mcf in the 12 months through Jul 2026, against 10,577 mcf in the 12 months before.Last 12 months: 11,473 mcfmcf per monthbbl per month0050031,00051,50082,000102,50013Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 8% over the last 12 monthsMonthly gas production and oil for MARTINEZ, M., Aug 2023 to Jul 2026. Gas output rose 8% over the last 12 months. 11,473 mcf in the 12 months through Jul 2026, against 10,577 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0050031,00051,50082,000102,50013Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Sep 2024 the lease's gas goes to a transmission line instead of lease fuel

  • Transmission line (2)
  • Lease fuel (1)
Since Sep 2024 the lease's gas goes to a transmission line instead of lease fuelShare of MARTINEZ, M. gas by disposition code each month, Aug 2023 to Jul 2026. Since Sep 2024 the lease's gas goes to a transmission line instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Sep 2024: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Sep 2024 the lease's gas goes to a transmission line instead of lease fuelShare of MARTINEZ, M. gas by disposition code each month, Aug 2023 to Jul 2026. Since Sep 2024 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%Sep 24: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    95% · 10,847 mcf

  • Lease fuel (1)

    5.5% · 626 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
42-505-3412814Active

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

Check your decimal on this lease
Permits for Martinez, M.
API numberWell no.Acreson the permit
42-505-34128141,053

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 Energy808687580$80.46$2.89
Jun 2026Varas Energy001,2791,1140$84.81$3.15
May 2026Varas Energy201,2671,1300$102.13$2.94
Apr 2026Varas Energy208778770$100.32$2.77
Mar 2026Varas Energy4247897890$91.38$3.04
Feb 2026Varas Energy104284280$64.51$3.62
Jan 2026Varas Energy1201,1061,0870$60.04$7.72
Dec 2025Varas Energy301,1171,0950$57.97$4.26
Nov 2025Varas Energy5111,6141,5870$60.06$3.79
Oct 2025Varas Energy104864520$60.89$3.19
Sep 2025Varas Energy108207700$63.96$2.97
Aug 2025Varas Energy308227600$64.86$2.91
Jul 2025Varas Energy009238570$68.39$3.20
Jun 2025Varas Energy201,0119350$68.17$3.02
May 2025Varas Energy3221,0359610$62.17$3.12
Apr 2025Varas Energy1208798030$63.54$3.42
Mar 2025Varas Energy9121,3911,2640$68.24$4.12
Feb 2025Varas Energy507466770$71.53$4.19
Jan 2025Varas Energy801,1291,0150$75.74$4.13
Dec 2024Hugoton Operating4106525860$70.12$3.01
Nov 2024Hugoton Operating609108250$69.95$2.12
Oct 2024Hugoton Operating501,2071,1080$71.99$2.20
Sep 2024Hugoton Operating406946360$70.24$2.28
Aug 2024Hugoton Operating00000$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 Operating00200$71.90$2.52
Nov 2023Hugoton Operating00000$77.69$2.71
Oct 2023Hugoton Operating007165400$85.64$2.98
Sep 2023Hugoton Operating004123140$89.43$2.64
Aug 2023Hugoton Operating003382460$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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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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