MERCER, WILLIAM P. UNIT

Operated by LACY 03, LLC (P-5 480883) in the MAG (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5411District 01Field 56653200Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$5.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$43 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 62 leases and 73 wells, and the rule below applies to all of them.

Discovered
1976-03-14
as the register files it
Field class
Oil
the register's own label
Between wells
1,867 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres.

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: 80 ACRE OPTION W/4000' MAX DIAG.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition113,633 bbl$5,108,259
Casinghead gasProduction4,098 Mcf$0
Total$5,108,259

4,098 Mcf of this lease's gas, across 33 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 (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 29.4530, -97.4716. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.45296, -97.47159 · 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
7,664 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 7,664 ft.

Completions filed
Jul 1977
1 of 1 wells

1 well

42-1773022217,664 ftJul 1977

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 2026510106.413.05$5,427
Apr 202676098.932.87$7,519
Mar 20260089.753.15$0
Feb 202671063.503.75$4,509
Jan 202686059.138.00$5,085
Dec 20250056.664.41$0
Nov 202567058.593.93$3,926
Oct 202571059.383.30$4,216
Sep 202565062.743.08$4,078
Aug 202553063.933.01$3,388
Jul 202566066.743.32$4,405
Jun 20250066.483.13$0
May 202564060.553.23$3,875
Apr 202572062.363.54$4,490
Mar 202588067.704.27$5,958
Feb 202577070.884.34$5,458
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024101069.052.20$6,974
Oct 202430071.372.28$2,141
Sep 20240069.612.36$0
Aug 202471075.632.06$5,370
Jul 202476079.932.15$6,075
Jun 202478078.082.63$6,090
May 20240078.812.20$0
Apr 202458084.451.66$4,898
Mar 202475080.301.55$6,023
Feb 202482076.091.78$6,239
Jan 202475073.023.30$5,477
Dec 202375071.262.61$5,345
Nov 202371077.892.81$5,530
Oct 202374085.443.09$6,323
Sep 202369089.042.74$6,144
Aug 202367080.522.67$5,395
Jul 202370074.852.64$5,240
Jun 20230068.962.26$0
May 2023105070.622.23$7,415
Apr 20230078.122.24$0
Mar 202371072.852.39$5,172
Feb 202376075.112.47$5,708
Jan 202374076.533.39$5,663
Dec 202268076.415.73$5,196
Nov 202277085.005.65$6,545
Oct 202274087.185.86$6,451
Sep 202268084.888.16$5,772
Aug 202267094.529.13$6,333
Jul 2022770101.587.54$7,822
Jun 2022650115.097.98$7,481
May 2022740109.378.43$8,093
Apr 2022740104.226.84$7,712
Mar 2022690108.885.08$7,513
Feb 202275091.054.86$6,829
Jan 202272081.844.54$5,892
Dec 202173071.323.90$5,206
Nov 202173077.435.24$5,652
Oct 2021167079.795.71$13,325
Sep 202176069.865.35$5,309
Aug 202173066.024.22$4,819
Jul 202182070.783.98$5,804
Jun 202183069.493.38$5,768
May 2021168063.483.02$10,665
Apr 202199060.362.76$5,976
Mar 202178061.302.72$4,781
Feb 202180057.805.55$4,624
Jan 202179050.412.81$3,982
Dec 2020178044.642.68$7,946
Nov 2020102038.772.71$3,955
Oct 202093036.972.48$3,438
Sep 2020225037.091.99$8,345
Aug 202063039.982.39$2,519
Jul 2020100038.371.83$3,837
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202081014.751.80$1,195
Mar 202081030.341.86$2,458
Feb 202086049.881.98$4,290
Jan 202090057.252.09$5,153
Dec 201997059.012.30$5,724
Nov 2019194055.302.75$10,728
Oct 201992053.472.42$4,919
Sep 201969055.052.66$3,798
Aug 201979053.112.30$4,196
Jul 201991056.272.46$5,121
Jun 201993052.782.49$4,909
May 201986058.482.74$5,029
Apr 201974062.632.75$4,635
Mar 2019157056.803.06$8,918
Feb 201974050.852.79$3,763
Jan 201984046.033.23$3,867
Dec 201878046.594.19$3,634
Nov 2018182052.934.24$9,633
Oct 201880061.443.40$4,915
Sep 201891059.543.11$5,418
Aug 2018191059.403.07$11,345
Jul 201886065.142.93$5,602
Jun 2018203060.183.08$12,217
May 201891065.382.90$5,950
Apr 2018169063.842.90$10,789
Mar 2018110061.222.79$6,734
Feb 201887061.782.77$5,375
Jan 2018175062.874.01$11,002
Dec 201760057.272.92$3,436
Nov 201776055.423.12$4,212
Oct 2017107049.292.98$5,274
Sep 201783047.523.09$3,944
Aug 2017217045.373.00$9,845
Jul 2017155043.873.09$6,800
Jun 2017147042.493.09$6,246
May 201739045.373.26$1,769
Apr 201787047.933.21$4,170
Mar 2017103046.772.98$4,817
Feb 201764050.452.95$3,229
Jan 2017161049.413.42$7,955
Dec 2016110048.763.72$5,364
Nov 201681042.492.64$3,442
Oct 201668046.193.09$3,141
Sep 2016222041.553.10$9,224
Aug 201687041.442.92$3,605
Jul 2016117041.622.92$4,870
Jun 2016222045.352.69$10,068
May 2016204042.521.99$8,674
Apr 2016302036.561.99$11,041
Mar 2016192033.011.79$6,338
Feb 201695026.472.06$2,515
Jan 2016203027.352.36$5,552
Dec 20150032.362.00$0
Nov 2015217038.792.17$8,417
Oct 2015274043.552.43$11,933
Sep 2015178042.992.76$7,652
Aug 2015211040.162.87$8,474
Jul 2015146048.152.95$7,030
Jun 2015396056.152.88$22,235
May 2015603055.212.96$33,292
Apr 201598049.822.71$4,882
Mar 2015219042.892.93$9,393
Feb 2015341044.662.98$15,229
Jan 2015227043.433.10$9,859
Dec 201455054.693.59$3,008
Nov 2014207070.464.25$14,585
Oct 2014221078.303.90$17,304
Sep 2014308086.164.05$26,537
Aug 2014286089.394.04$25,566
Jul 2014488096.564.18$47,121
Jun 2014341098.164.74$33,473
May 2014345094.734.73$32,682
Apr 2014310095.944.81$29,741
Mar 2014174095.895.06$16,685
Feb 2014299097.406.19$29,123
Jan 2014339090.404.86$30,646
Dec 2013246091.824.35$22,588
Nov 2013218088.853.74$19,369
Oct 2013212097.423.78$20,653
Sep 20132190104.113.72$22,800
Aug 20132830104.253.52$29,503
Jul 20132020102.523.72$20,709
Jun 2013233094.403.93$21,995
May 2013351094.834.15$33,285
Apr 2013169093.964.28$15,879
Mar 2013243093.623.91$22,750
Feb 2013241091.233.42$21,986
Jan 2013218091.603.42$19,969
Dec 2012239086.773.42$20,738
Nov 2012400086.953.62$34,780
Oct 2012235089.383.40$21,004
Sep 2012410094.672.92$38,815
Aug 201284092.662.91$7,783
Jul 2012160085.133.02$13,621
Jun 2012315079.822.52$25,143
May 2012245091.612.49$22,444
Apr 20123280101.652.00$33,341
Mar 20123230105.052.22$33,931
Feb 20121410101.102.57$14,255
Jan 2012260098.092.73$25,503
Dec 2011297096.873.24$28,770
Nov 2011440095.723.31$42,117
Oct 2011412084.983.65$35,012
Sep 2011253083.623.99$21,156
Aug 2011394083.404.15$32,860
Jul 2011401094.144.52$37,750
Jun 2011193092.904.64$17,930
May 2011534098.134.40$52,401
Apr 20113430105.964.33$36,344
Mar 2011364096.364.06$35,075
Feb 2011449085.644.18$38,452
Jan 2011388086.504.59$33,562
Dec 2010389085.734.35$33,349
Nov 2010396080.843.80$32,013
Oct 2010349078.103.51$27,257
Sep 2010396072.633.98$28,761
Aug 2010404073.684.42$29,767
Jul 2010345072.554.74$25,030
Jun 2010496070.364.91$34,899
May 2010382071.124.24$27,168
Apr 2010376081.694.12$30,715
Mar 2010487078.394.39$38,176
Feb 2010160073.585.44$11,773
Jan 2010128074.365.96$9,518
Dec 2009328071.445.48$23,432
Nov 2009241074.593.75$17,976
Oct 2009297072.544.11$21,544
Sep 2009417065.543.06$27,330
Aug 2009435067.423.22$29,328
Jul 2009403061.133.46$24,635
Jun 2009459066.163.90$30,367
May 2009410054.743.93$22,443
Apr 2009441046.773.59$20,626
Mar 2009466042.144.06$19,637
Feb 2009405032.814.63$13,288
Jan 2009427035.865.37$15,312
Dec 2008399037.105.98$14,803
Nov 2008432055.496.86$23,972
Oct 2008866075.246.92$65,158
Sep 20081530101.767.88$15,569
Aug 20084100114.228.48$46,830
Jul 20084020131.0811.39$52,694
Jun 20083040131.3313.03$39,924
May 20083100123.1711.57$38,183
Apr 20084410110.3110.45$48,647
Mar 20083740101.909.66$38,111
Feb 2008526092.538.77$48,671
Jan 2008444090.388.21$40,129
Dec 2007436088.337.30$38,512
Nov 2007172091.677.29$15,767
Oct 2007384082.856.92$31,814
Sep 2007256075.846.24$19,415
Aug 2007482069.066.39$33,287
Jul 2007301070.906.39$21,341
Jun 2007477062.007.55$29,574
May 2007459058.747.85$26,962
Apr 2007360059.617.81$21,460
Mar 2007283056.927.30$16,108
Feb 2007440055.108.22$24,244
Jan 2007256050.306.73$12,877
Dec 2006251056.656.92$14,219
Nov 2006423054.207.62$22,927
Oct 2006527054.906.01$28,932
Sep 2006197060.085.04$11,836
Aug 2006153068.717.34$10,513
Jul 2006188069.376.34$13,042
Jun 2006252066.286.38$16,703
May 2006232066.016.42$15,314
Apr 2006226064.397.36$14,552
Mar 2006488056.707.08$27,670
Feb 2006373057.597.75$21,481
Jan 2006430060.598.93$26,054
Dec 2005256054.9413.42$14,065
Nov 2005606054.6910.59$33,142
Oct 2005333058.3413.80$19,427
Sep 2005125061.4512.08$7,681
Aug 200596061.519.80$5,905
Jul 2005350055.697.84$19,492
Jun 2005300052.337.38$15,699
May 2005397045.226.65$17,952
Apr 2005391049.207.36$19,237
Mar 2005463050.377.15$23,321
Feb 2005316045.226.31$14,290
Jan 2005359043.166.32$15,494
Dec 2004306039.866.75$12,197
Nov 2004392045.286.33$17,750
Oct 200482049.706.52$4,075
Sep 2004339043.245.28$14,658
Aug 2004315042.375.55$13,347
Jul 2004275038.286.08$10,527
Jun 2004514036.106.43$18,555
May 2004290037.486.49$10,869
Apr 2004363034.475.86$12,513
Mar 2004468034.365.53$16,080
Feb 2004515032.455.51$16,712
Jan 2004375032.036.30$12,011
Dec 2003380030.266.30$11,499
Nov 2003537028.804.60$15,466
Oct 2003259028.174.76$7,296
Sep 200333026.314.75$868
Aug 200381029.765.13$2,411
Jul 2003222029.415.17$6,529
Jun 2003443028.565.98$12,652
May 2003251026.595.97$6,674
Apr 2003514026.675.41$13,708
Mar 2003390031.146.10$12,145
Feb 2003422033.487.93$14,129
Jan 2003528030.315.58$16,004
Dec 2002270026.914.85$7,266
Nov 2002278024.664.14$6,855
Oct 2002299026.464.23$7,912
Sep 2002394027.443.64$10,811
Aug 2002424025.963.16$11,007
Jul 2002264024.583.06$6,489
Jun 2002399023.733.34$9,468
May 2002397024.663.58$9,790
Apr 2002535023.653.51$12,653
Mar 2002242022.003.10$5,324
Feb 2002265018.222.38$4,828
Jan 2002295017.172.38$5,065
Dec 2001219016.932.36$3,708
Nov 2001258018.072.41$4,662
Oct 2001244019.782.53$4,826
Sep 2001266024.262.25$6,453
Aug 2001307024.873.05$7,635
Jul 2001417023.933.20$9,979
Jun 2001444024.563.82$10,905
May 2001567025.524.31$14,470
Apr 2001257024.685.34$6,343
Mar 2001418024.545.38$10,258
Feb 2001293027.755.77$8,131
Jan 2001406027.478.40$11,153
Dec 2000424026.889.12$11,397
Nov 2000423032.215.66$13,625
Oct 2000261031.235.15$8,151
Sep 2000429031.875.19$13,672
Aug 2000280029.644.54$8,299
Jul 2000417028.534.09$11,897
Jun 2000403029.304.40$11,808
May 2000265027.263.68$7,224
Apr 2000409024.513.12$10,025
Mar 2000423028.422.86$12,022
Feb 2000291027.622.73$8,037
Jan 2000295025.272.48$7,455
Dec 1999433024.282.42$10,513
Nov 1999428023.192.43$9,925
Oct 1999461020.982.80$9,672
Sep 1999323021.752.62$7,025
Aug 1999604019.262.88$11,633
Jul 1999443017.892.37$7,925
Jun 1999460015.942.36$7,332
May 1999438015.792.32$6,916
Apr 1999447015.102.21$6,750
Mar 1999444012.471.84$5,537
Feb 199938309.981.82$3,822
Jan 1999490010.381.90$5,086
Dec 199818009.201.77$1,656
Nov 1998422010.892.19$4,596
Oct 1998618012.421.97$7,676
Sep 1998170012.592.08$2,140
Aug 1998453011.301.91$5,119
Jul 1998250011.742.24$2,935
Jun 1998271011.242.24$3,046
May 1998203012.622.21$2,562
Apr 1998292013.042.51$3,808
Mar 1998167012.802.31$2,138
Feb 1998381013.952.30$5,315
Jan 1998373014.702.15$5,483
Dec 1997338016.322.41$5,516
Nov 1997347018.193.09$6,312
Oct 1997402019.253.15$7,739
Sep 1997387017.742.95$6,865
Aug 1997404017.862.55$7,215
Jul 1997400017.582.25$7,032
Jun 1997520017.242.26$8,965
May 1997324018.972.31$6,146
Apr 1997364017.882.08$6,508
Mar 1997500018.951.94$9,475
Feb 1997317020.492.21$6,495
Jan 1997465023.483.54$10,918
Dec 1996431023.32$10,051
Nov 1996385021.97$8,458
Oct 1996408023.31$9,510
Sep 1996369022.22$8,199
Aug 1996368020.26$7,456
Jul 1996312019.55$6,100
Jun 1996344018.73$6,443
May 1996456019.43$8,860
Apr 1996291021.51$6,259
Mar 1996332019.38$6,434
Feb 1996392016.98$6,656
Jan 1996399017.07$6,811
Dec 1995353017.19$6,068
Nov 1995486016.00$7,776
Oct 1995455015.43$7,021
Sep 1995166216.18$2,686
Aug 1995474215.92$7,546
Jul 199554116315.24$8,245
Jun 19954867416.41$7,975
May 19952653917.56$4,653
Apr 199529915617.73$5,301
Mar 199532927116.44$5,409
Feb 199559821716.58$9,915
Jan 199575921415.92$12,083
Dec 19949652515.03$14,504
Nov 19946331615.90$10,065
Oct 19948495715.58$13,227
Sep 199472531715.29$11,085
Aug 199492942316.13$14,985
Jul 199439611817.56$6,954
Jun 199463520917.09$10,852
May 199469620415.88$11,052
Apr 199469618214.14$9,841
Mar 199486518712.46$10,778
Feb 199464415112.50$8,050
Jan 199448015812.66$6,077
Dec 199348713112.33$6,005
Nov 199338611314.49$5,593
Oct 199336811015.85$5,833
Sep 19933187015.03$4,780
Aug 19933099815.66$4,839
Jul 19935574615.46$8,611
Jun 19934415416.79$7,404
May 19934525217.68$7,991
Apr 19934468518.05$8,050
Mar 19931,1457018.14$20,770
Feb 19935815917.90$10,400
Jan 19931,0662516.93$18,047

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                   51 bbl  × $106.41 =     $5,427
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $5,427

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/5411 is the state's own key, not one this site invented.