MERCER 4H UNIT

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 20153District 01Field 55679001Hydrogen sulphide fieldOilSaveExport
Value, all time
$5.2 M
Mar 2020 – May 2026
Value, last 12 filed months
$434 k
at the published price for each month
Months reported
75
no gaps in the span
Streams
1
oil

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
OilDisposition79,744 bbl$5,218,339
Total$5,218,339

Wells on this lease (1)

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 29.7507, -97.7051. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.75069, -97.70509 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
2,113 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
1100.0%

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.

How deep they were drilled

The one well that filed a depth was drilled to 2,113 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-055351554H2,113 ftMar 2020

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 (75)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

75 months

May 2026492106.413.05$52,354
Apr 202649998.932.87$49,366
Mar 202651289.753.15$45,952
Feb 202644463.503.75$28,194
Jan 202649259.138.00$29,092
Dec 202550756.664.41$28,727
Nov 202548458.593.93$28,358
Oct 202551859.383.30$30,759
Sep 202554562.743.08$34,193
Aug 202554463.933.01$34,778
Jul 202554166.743.32$36,106
Jun 202554166.483.13$35,966
May 202553760.553.23$32,515
Apr 202556362.363.54$35,109
Mar 202559167.704.27$40,011
Feb 202551170.884.34$36,220
Jan 202558474.324.28$43,403
Dec 202459368.993.12$40,911
Nov 202458069.052.20$40,049
Oct 202460171.372.28$42,893
Sep 202457669.612.36$40,095
Aug 202458975.632.06$44,546
Jul 202460079.932.15$47,958
Jun 202462978.082.63$49,112
May 202466578.812.20$52,409
Apr 202468884.451.66$58,102
Mar 202471780.301.55$57,575
Feb 202471576.091.78$54,404
Jan 202453373.023.30$38,920
Dec 202354271.262.61$38,623
Nov 202358677.892.81$45,644
Oct 202375385.443.09$64,336
Sep 20231,02589.042.74$91,266
Aug 20231,12880.522.67$90,827
Jul 202399074.852.64$74,102
Jun 20231,09268.962.26$75,304
May 20231,09870.622.23$77,541
Apr 20231,09278.122.24$85,307
Mar 20231,16172.852.39$84,579
Feb 20231,06975.112.47$80,293
Jan 20231,17876.533.39$90,152
Dec 20221,17076.415.73$89,400
Nov 20221,20185.005.65$102,085
Oct 20221,19887.185.86$104,442
Sep 20221,22984.888.16$104,318
Aug 20221,21194.529.13$114,464
Jul 20221,222101.587.54$124,131
Jun 20221,208115.097.98$139,029
May 20221,189109.378.43$130,041
Apr 20221,200104.226.84$125,064
Mar 20221,190108.885.08$129,567
Feb 20221,15891.054.86$105,436
Jan 20221,40681.844.54$115,067
Dec 20211,36171.323.90$97,067
Nov 20211,39477.435.24$107,937
Oct 20211,30679.795.71$104,206
Sep 20211,39569.865.35$97,455
Aug 20211,41766.024.22$93,550
Jul 20211,45770.783.98$103,126
Jun 20211,40969.493.38$97,911
May 20211,35963.483.02$86,269
Apr 20211,40760.362.76$84,927
Mar 20211,47861.302.72$90,601
Feb 20211,15257.805.55$66,586
Jan 20211,63550.412.81$82,420
Dec 20201,60044.642.68$71,424
Nov 20201,58538.772.71$61,450
Oct 20201,75236.972.48$64,771
Sep 20201,74937.091.99$64,870
Aug 20201,92539.982.39$76,962
Jul 20202,33438.371.83$89,556
Jun 20202,52134.901.69$87,983
May 20202,39316.921.81$40,490
Apr 20203,50614.751.80$51,714
Mar 202092230.341.86$27,973

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                  492 bbl  × $106.41 =    $52,354

────────────────────────────────────────────────────
Month total                                  $52,354

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/20153 is the state's own key, not one this site invented.