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Texas gas well

Producing

MARTINEZ, MERCURCIO ET AL

Martinez, Mercurcio Et Al is a gas well in Zapata County, Texas, operated by Varas Energy Operating Company, in the Las Ovejas (Lobo) field.

1 well

3,507mcf gas, last 12 months−57% vs prior year
Operator
Varas Energy Operating Company,
County
Zapata County
Field
Las Ovejas (Lobo)
RRC lease
04-144941

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Where it sits

This county

Zapata CountyZapataJim HoggZapata County
Zapata County
Gas in Jul 2026
276 mcf
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Varas Energy Operating Company, took over from Bordertown Energy Resources, LLC in May 2026.

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

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Production by month

Gas output fell 57% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output fell 57% over the last 12 monthsMonthly gas production for MARTINEZ, MERCURCIO ET AL, Aug 2023 to Jul 2026. Gas output fell 57% over the last 12 months. 3,507 mcf in the 12 months through Jul 2026, against 8,172 mcf in the 12 months before.Last 12 months: 3,507 mcfmcf per month05001,0001,5002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 57% over the last 12 monthsMonthly gas production for MARTINEZ, MERCURCIO ET AL, Aug 2023 to Jul 2026. Gas output fell 57% over the last 12 months. 3,507 mcf in the 12 months through Jul 2026, against 8,172 mcf in the 12 months before.Last 12 monthsmcf per month05001,0001,5002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
99% of the gas went to a transmission line in the last 12 monthsShare of MARTINEZ, MERCURCIO ET AL gas by disposition code each month, Aug 2023 to Jul 2026. 99% 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
99% of the gas went to a transmission line in the last 12 monthsShare of MARTINEZ, MERCURCIO ET AL gas by disposition code each month, Aug 2023 to Jul 2026. 99% 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)

    99% · 4,114 mcf

  • Lease fuel (1)

    0.6% · 26 mcf

Who has run this lease

The operator changed 2 times, most recently in May 2026

Operators of this lease over timeWagner Oil Company, Jan 2020 to Dec 2023; Bordertown Energy Resources, LLC, Jan 2024 to Apr 2026; Varas Energy Operating Company,, May 2026 to Jul 20262020202120222023202420252026Changed Jan 2024Changed May 2026Wagner Oil CompanyJan 2020 to Dec 2023Bordertown Energy Resources,…Jan 2024 to Apr 2026Varas Energy Operating Compan…May 2026 to now
Operators of this lease over timeWagner Oil Company, Jan 2020 to Dec 2023; Bordertown Energy Resources, LLC, Jan 2024 to Apr 2026; Varas Energy Operating Company,, May 2026 to Jul 20262020202120222023202420252026Changed Jan 2024Changed May 2026Wagner Oil CompanyJan 2020 to Dec 2023Bordertown Energy Resources, LLCJan 2024 to Apr 2026Varas Energy Operating Company,May 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MARTINEZ, MERCURCIO ET AL
API numberWell no.Status
42-505-329223Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Kinder Morgan Tejas Pipeline LLCGas-well gasBuys100Jan 1, 2023–
Kinder Morgan Tejas Pipeline LLCGas-well gasGathers100Sep 1, 2007–
Shell Trading (Us) CompanyCondensateGathers100Oct 1, 2002Jan 1, 2023
Wagner Oil CompanyGas-well gasBuys100Jan 1, 1999Jan 1, 2023

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

Who buys my oilOil price check

640 acres on the newest permit

Check your decimal on this lease
Permits for Martinez, Mercurcio Et Al
API numberWell no.Acreson the permit
42-505-329223640

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

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36 months, newest first

Ledger for MARTINEZ, MERCURCIO ET AL
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Varas Energy2762760$80.46$2.89
Jun 2026Varas Energy2312310$84.81$3.15
May 2026Varas Energy2432430$102.13$2.94
Apr 2026Bordertown Energy5535530$100.32$2.77
Mar 2026Bordertown Energy000$91.38$3.04
Feb 2026Bordertown Energy1851850$64.51$3.62
Jan 2026Bordertown Energy3113110$60.04$7.72
Dec 2025Bordertown Energy4964960$57.97$4.26
Nov 2025Bordertown Energy2392390$60.06$3.79
Oct 2025Bordertown Energy4724720$60.89$3.19
Sep 2025Bordertown Energy5015010$63.96$2.97
Aug 2025Bordertown Energy000$64.86$2.91
Jul 2025Bordertown Energy000$68.39$3.20
Jun 2025Bordertown Energy1721720$68.17$3.02
May 2025Bordertown Energy4614350$62.17$3.12
Apr 2025Bordertown Energy8587880$63.54$3.42
Mar 2025Bordertown Energy1,2691,2000$68.24$4.12
Feb 2025Bordertown Energy4904370$71.53$4.19
Jan 2025Bordertown Energy9018360$75.74$4.13
Dec 2024Bordertown Energy3933400$70.12$3.01
Nov 2024Bordertown Energy7376690$69.95$2.12
Oct 2024Bordertown Energy1,0951,0320$71.99$2.20
Sep 2024Bordertown Energy9669070$70.24$2.28
Aug 2024Bordertown Energy8308300$76.68$1.99
Jul 2024Bordertown Energy1,0011,0010$81.80$2.07
Jun 2024Bordertown Energy000$79.77$2.54
May 2024Bordertown Energy110870$80.02$2.12
Apr 2024Bordertown Energy8678140$85.35$1.60
Mar 2024Bordertown Energy3002730$81.28$1.49
Feb 2024Bordertown Energy9789250$77.25$1.72
Jan 2024Bordertown Energy1,1401,0870$74.15$3.18
Dec 2023Wagner Oil8718370$71.90$2.52
Nov 2023Wagner Oil000$77.69$2.71
Oct 2023Wagner Oil000$85.64$2.98
Sep 2023Wagner Oil4654240$89.43$2.64
Aug 2023Wagner Oil8428010$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,FieldLas Ovejas (Lobo)CountyZapata County

Varas Energy Operating Company, in Zapata County

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Las Ovejas (Lobo) field

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