MERCER, F. M.

Operated by TEXAS PETROLEUM INVESTMENT CO. (P-5 847710) in the LULING-BRANYON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1087District 01Field 55679001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$69 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 507 leases and 2,955 wells, and the rule below applies to all of them.

Discovered
1922-08-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 2018-06-19.

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 1620' - 2164'

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
OilDisposition72,730 bbl$3,524,173
Casinghead gasProduction47 Mcf$60
Total$3,524,233

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 (3)

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 29.7556, -97.6944. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

29.75565, -97.69436 · 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
33.3%
1 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
no depth filed
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
133.3%
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.
266.7%

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.

3 wells

42-055801679Yes
42-0550286210
42-055801661

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 2026730106.413.05$7,768
Apr 202664098.932.87$6,332
Mar 202682089.753.15$7,360
Feb 202678063.503.75$4,953
Jan 202686059.138.00$5,085
Dec 202569056.664.41$3,910
Nov 202585058.593.93$4,980
Oct 202591059.383.30$5,404
Sep 202591062.743.08$5,709
Aug 202591063.933.01$5,818
Jul 202588066.743.32$5,873
Jun 202585066.483.13$5,651
May 202589060.553.23$5,389
Apr 202591062.363.54$5,675
Mar 202592067.704.27$6,228
Feb 202581070.884.34$5,741
Jan 202592074.324.28$6,837
Dec 202493068.993.12$6,416
Nov 202491069.052.20$6,284
Oct 202493071.372.28$6,637
Sep 202488069.612.36$6,126
Aug 202492075.632.06$6,958
Jul 2024107079.932.15$8,553
Jun 2024110078.082.63$8,589
May 2024110078.812.20$8,669
Apr 2024134084.451.66$11,316
Mar 2024143080.301.55$11,483
Feb 2024131076.091.78$9,968
Jan 2024143073.023.30$10,442
Dec 2023145071.262.61$10,333
Nov 2023146077.892.81$11,372
Oct 2023152085.443.09$12,987
Sep 2023143089.042.74$12,733
Aug 2023154080.522.67$12,400
Jul 2023156074.852.64$11,677
Jun 2023126068.962.26$8,689
May 2023173070.622.23$12,217
Apr 2023168078.122.24$13,124
Mar 2023174072.852.39$12,676
Feb 2023159075.112.47$11,942
Jan 2023169076.533.39$12,934
Dec 2022170076.415.73$12,990
Nov 2022163085.005.65$13,855
Oct 2022178087.185.86$15,518
Sep 202290084.888.16$7,639
Aug 202272094.529.13$6,805
Jul 2022290101.587.54$2,946
Jun 2022300115.097.98$3,453
May 2022660109.378.43$7,218
Apr 20221430104.226.84$14,903
Mar 20221610108.885.08$17,530
Feb 2022154091.054.86$14,022
Jan 2022178081.844.54$14,568
Dec 2021158071.323.90$11,269
Nov 2021167077.435.24$12,931
Oct 2021157079.795.71$12,527
Sep 2021167069.865.35$11,667
Aug 2021171066.024.22$11,289
Jul 2021177070.783.98$12,528
Jun 2021166069.493.38$11,535
May 2021173063.483.02$10,982
Apr 2021176060.362.76$10,623
Mar 2021174061.302.72$10,666
Feb 202192057.805.55$5,318
Jan 2021173050.412.81$8,721
Dec 2020168044.642.68$7,500
Nov 2020140038.772.71$5,428
Oct 2020147036.972.48$5,435
Sep 2020129037.091.99$4,785
Aug 2020130039.982.39$5,197
Jul 2020124038.371.83$4,758
Jun 2020113034.901.69$3,944
May 2020107016.921.81$1,810
Apr 2020110014.751.80$1,623
Mar 2020115030.341.86$3,489
Feb 2020107049.881.98$5,337
Jan 2020116057.252.09$6,641
Dec 201984059.012.30$4,957
Nov 2019112055.302.75$6,194
Oct 2019116053.472.42$6,203
Sep 2019112055.052.66$6,166
Aug 2019119053.112.30$6,320
Jul 2019115056.272.46$6,471
Jun 2019105052.782.49$5,542
May 2019108058.482.74$6,316
Apr 2019110062.632.75$6,889
Mar 201985056.803.06$4,828
Feb 201992050.852.79$4,678
Jan 2019102046.033.23$4,695
Dec 2018114046.594.19$5,311
Nov 2018105052.934.24$5,558
Oct 201868061.443.40$4,178
Sep 2018106059.543.11$6,311
Aug 2018108059.403.07$6,415
Jul 2018112065.142.93$7,296
Jun 2018108060.183.08$6,499
May 2018119065.382.90$7,780
Apr 2018117063.842.90$7,469
Mar 2018104061.222.79$6,367
Feb 2018108061.782.77$6,672
Jan 2018117062.874.01$7,356
Dec 2017119057.272.92$6,815
Nov 201799055.423.12$5,487
Oct 2017125049.292.98$6,161
Sep 2017132047.523.09$6,273
Aug 2017126045.373.00$5,717
Jul 2017136043.873.09$5,966
Jun 2017108042.493.09$4,589
May 2017136045.373.26$6,170
Apr 2017138047.933.21$6,614
Mar 2017149046.772.98$6,969
Feb 2017123050.452.95$6,205
Jan 2017131049.413.42$6,473
Dec 2016138048.763.72$6,729
Nov 2016152042.492.64$6,458
Oct 2016153046.193.09$7,067
Sep 2016135041.553.10$5,609
Aug 2016170041.442.92$7,045
Jul 2016178041.622.92$7,408
Jun 2016175045.352.69$7,936
May 2016137042.521.99$5,825
Apr 201632036.561.99$1,170
Mar 201631033.011.79$1,023
Feb 201628026.472.06$741
Jan 201630027.352.36$821
Dec 201529032.362.00$938
Nov 201528038.792.17$1,086
Oct 201530043.552.43$1,307
Sep 201527042.992.76$1,161
Aug 201528040.162.87$1,124
Jul 201580048.152.95$3,852
Jun 2015117056.152.88$6,570
May 2015113055.212.96$6,239
Apr 2015116049.822.71$5,779
Mar 2015121042.892.93$5,190
Feb 2015108044.662.98$4,823
Jan 201599043.433.10$4,300
Dec 2014119054.693.59$6,508
Nov 2014166070.464.25$11,696
Oct 2014172078.303.90$13,468
Sep 2014172086.164.05$14,820
Aug 2014179089.394.04$16,001
Jul 2014178096.564.18$17,188
Jun 2014168098.164.74$16,491
May 2014164094.734.73$15,536
Apr 2014162095.944.81$15,542
Mar 2014179095.895.06$17,164
Feb 2014171097.406.19$16,655
Jan 2014187090.404.86$16,905
Dec 2013182091.824.35$16,711
Nov 2013180088.853.74$15,993
Oct 2013195097.423.78$18,997
Sep 20131850104.113.72$19,260
Aug 20131530104.253.52$15,950
Jul 20131700102.523.72$17,428
Jun 2013193094.403.93$18,219
May 2013199094.834.15$18,871
Apr 2013196093.964.28$18,416
Mar 2013197093.623.91$18,443
Feb 2013187091.233.42$17,060
Jan 2013210091.603.42$19,236
Dec 2012191086.773.42$16,573
Nov 2012196086.953.62$17,042
Oct 2012204089.383.40$18,234
Sep 2012194094.672.92$18,366
Aug 2012207092.662.91$19,181
Jul 2012207085.133.02$17,622
Jun 2012195079.822.52$15,565
May 2012204091.612.49$18,688
Apr 20121420101.652.00$14,434
Mar 20121990105.052.22$20,905
Feb 20121740101.102.57$17,591
Jan 2012181098.092.73$17,754
Dec 2011194096.873.24$18,793
Nov 2011192095.723.31$18,378
Oct 2011193084.983.65$16,401
Sep 2011188083.623.99$15,721
Aug 2011192083.404.15$16,013
Jul 2011191094.144.52$17,981
Jun 2011208092.904.64$19,323
May 2011214098.134.40$21,000
Apr 20112140105.964.33$22,675
Mar 2011227096.364.06$21,874
Feb 2011162085.644.18$13,874
Jan 2011188086.504.59$16,262
Dec 2010196085.734.35$16,803
Nov 2010184080.843.80$14,875
Oct 2010193078.103.51$15,073
Sep 2010193072.633.98$14,018
Aug 2010201073.684.42$14,810
Jul 2010200072.554.74$14,510
Jun 2010194070.364.91$13,650
May 2010197071.124.24$14,011
Apr 2010204081.694.12$16,665
Mar 2010198078.394.39$15,521
Feb 2010188073.585.44$13,833
Jan 2010199074.365.96$14,798
Dec 2009236071.445.48$16,860
Nov 2009167074.593.75$12,457
Oct 2009182072.544.11$13,202
Sep 2009214065.543.06$14,026
Aug 2009169067.423.22$11,394
Jul 200943061.133.46$2,629
Jun 2009209066.163.90$13,827
May 2009303054.743.93$16,586
Apr 2009196046.773.59$9,167
Mar 2009177042.144.06$7,459
Feb 2009158032.814.63$5,184
Jan 2009171035.865.37$6,132
Dec 2008173037.105.98$6,418
Nov 2008153055.496.86$8,490
Oct 2008197075.246.92$14,822
Sep 20081940101.767.88$19,741
Aug 20082080114.228.48$23,758
Jul 20081830131.0811.39$23,988
Jun 20081980131.3313.03$26,003
May 20081840123.1711.57$22,663
Apr 20081320110.3110.45$14,561
Mar 20081560101.909.66$15,896
Feb 2008156092.538.77$14,435
Jan 2008161090.388.21$14,551
Dec 2007169088.337.30$14,928
Nov 2007195091.677.29$17,876
Oct 2007291082.856.92$24,109
Sep 2007309075.846.24$23,435
Aug 2007277069.066.39$19,130
Jul 2007288070.906.39$20,419
Jun 2007268062.007.55$16,616
May 2007304058.747.85$17,857
Apr 2007259059.617.81$15,439
Mar 2007208056.927.30$11,839
Feb 2007261055.108.22$14,381
Jan 2007295050.306.73$14,839
Dec 2006298056.656.92$16,882
Nov 2006308054.207.62$16,694
Oct 2006231054.906.01$12,682
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 2006153069.376.34$10,614
Jun 2006190066.286.38$12,593
May 2006259066.016.42$17,097
Apr 2006386064.397.36$24,855
Mar 2006409056.707.08$23,190
Feb 2006246057.597.75$14,167
Jan 2006271060.598.93$16,420
Dec 2005220054.9413.42$12,087
Nov 2005205054.6910.59$11,211
Oct 2005242058.3413.80$14,118
Sep 2005223061.4512.08$13,703
Aug 2005237061.519.80$14,578
Jul 2005232055.697.84$12,920
Jun 2005228052.337.38$11,931
May 2005212045.226.65$9,587
Apr 2005172049.207.36$8,462
Mar 2005278050.377.15$14,003
Feb 2005215045.226.31$9,722
Jan 2005273043.166.32$11,783
Dec 2004201039.866.75$8,012
Nov 2004186045.286.33$8,422
Oct 2004203049.706.52$10,089
Sep 2004166043.245.28$7,178
Aug 2004213042.375.55$9,025
Jul 2004223038.286.08$8,536
Jun 2004256036.106.43$9,242
May 2004141037.486.49$5,285
Apr 2004172034.475.86$5,929
Mar 2004159034.365.53$5,463
Feb 2004196032.455.51$6,360
Jan 2004162032.036.30$5,189
Dec 2003198030.266.30$5,991
Nov 2003165028.804.60$4,752
Oct 2003208028.174.76$5,859
Sep 2003173026.314.75$4,552
Aug 2003184029.765.13$5,476
Jul 2003202029.415.17$5,941
Jun 2003161028.565.98$4,598
May 2003157026.595.97$4,175
Apr 2003196026.675.41$5,227
Mar 2003229031.146.10$7,131
Feb 2003181033.487.93$6,060
Jan 2003189030.315.58$5,729
Dec 2002199026.914.85$5,355
Nov 2002214024.664.14$5,277
Oct 2002185026.464.23$4,895
Sep 2002142027.443.64$3,896
Aug 2002172025.963.16$4,465
Jul 2002199024.583.06$4,891
Jun 2002179023.733.34$4,248
May 2002202024.663.58$4,981
Apr 2002194023.653.51$4,588
Mar 2002214022.003.10$4,708
Feb 2002156018.222.38$2,842
Jan 2002198017.172.38$3,400
Dec 2001185016.932.36$3,132
Nov 2001192018.072.41$3,469
Oct 2001218019.782.53$4,312
Sep 2001151024.262.25$3,663
Aug 2001204024.873.05$5,073
Jul 2001219023.933.20$5,241
Jun 2001241024.563.82$5,919
May 2001190025.524.31$4,849
Apr 2001220024.685.34$5,430
Mar 2001193024.545.38$4,736
Feb 2001163027.755.77$4,523
Jan 2001244027.478.40$6,703
Dec 2000228026.889.12$6,129
Nov 2000231032.215.66$7,441
Oct 2000222031.235.15$6,933
Sep 2000188031.875.19$5,992
Aug 2000167029.644.54$4,950
Jul 2000242028.534.09$6,904
Jun 2000245029.304.40$7,179
May 2000226027.263.68$6,161
Apr 2000178024.513.12$4,363
Mar 2000255028.422.86$7,247
Feb 2000221027.622.73$6,104
Jan 2000242025.272.48$6,115
Dec 1999255024.282.42$6,191
Nov 1999262023.192.43$6,076
Oct 1999179120.982.80$3,758
Sep 1999290021.752.62$6,308
Aug 1999224019.262.88$4,314
Jul 1999229017.892.37$4,097
Jun 199988015.942.36$1,403
May 1999107015.792.32$1,690
Apr 199977115.102.21$1,165
Mar 1999130112.471.84$1,623
Feb 199919819.981.82$1,978
Jan 1999188110.381.90$1,953
Dec 199821919.201.77$2,017
Nov 1998302110.892.19$3,291
Oct 1998220112.421.97$2,734
Sep 1998221112.592.08$2,784
Aug 1998294111.301.91$3,324
Jul 1998271111.742.24$3,184
Jun 1998238111.242.24$2,677
May 1998267112.622.21$3,372
Apr 1998249113.042.51$3,249
Mar 1998206112.802.31$2,639
Feb 1998227113.952.30$3,169
Jan 1998253114.702.15$3,721
Dec 1997243116.322.41$3,968
Nov 1997151118.193.09$2,750
Oct 1997207119.253.15$3,988
Sep 1997242117.742.95$4,296
Aug 1997241117.862.55$4,307
Jul 1997250117.582.25$4,397
Jun 1997204117.242.26$3,519
May 1997241118.972.31$4,574
Apr 1997144117.882.08$2,577
Mar 1997261018.951.94$4,946
Feb 1997266020.492.21$5,450
Jan 1997246023.483.54$5,776
Dec 1996256023.32$5,970
Nov 1996271021.97$5,954
Oct 1996237023.31$5,524
Sep 1996256022.22$5,688
Aug 1996255020.26$5,166
Jul 1996274019.55$5,357
Jun 1996255018.73$4,776
May 1996249019.43$4,838
Apr 1996303021.51$6,518
Mar 1996260019.38$5,039
Feb 1996225016.98$3,821
Jan 1996254017.07$4,336
Dec 1995283017.19$4,865
Nov 1995280016.00$4,480
Oct 1995310015.43$4,783
Sep 1995302016.18$4,886
Aug 1995260015.92$4,139
Jul 1995289015.24$4,404
Jun 1995250016.41$4,103
May 1995305017.56$5,356
Apr 1995308017.73$5,461
Mar 1995281016.44$4,620
Feb 1995253016.58$4,195
Jan 1995274015.92$4,362
Dec 1994297015.03$4,464
Nov 1994274015.90$4,357
Oct 1994269015.58$4,191
Sep 1994273115.29$4,174
Aug 1994323116.13$5,210
Jul 1994294117.56$5,163
Jun 1994286117.09$4,888
May 1994293115.88$4,653
Apr 1994271114.14$3,832
Mar 1994252112.46$3,140
Feb 1994305112.50$3,813
Jan 1994252112.66$3,190
Dec 1993144112.33$1,776
Nov 1993298114.49$4,318
Oct 1993303115.85$4,803
Sep 1993199115.03$2,991
Aug 1993273115.66$4,275
Jul 1993284115.46$4,391
Jun 1993295116.79$4,953
May 1993219117.68$3,872
Apr 1993240118.05$4,332
Mar 1993324118.14$5,877
Feb 1993291117.90$5,209
Jan 1993209116.93$3,538

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                   73 bbl  × $106.41 =     $7,768
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $7,768

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. 01/O/1087 is the state's own key, not one this site invented.