KELLEY GAS UNIT

Operated by MERIT ENERGY COMPANY (P-5 561136) in the SPEAKS, S. (LOWER WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 195741District 02Field 849822252 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.2 M
Jan 2003 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
281
no gaps in the span
Streams
2
condensate, 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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
2001-06-13
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 0 acres. The field rule took effect on 2002-08-23.

The Commission's schedule remark for this field reads: G-10 TEST REPORT FOR RECORD PURPOSES.

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
High Cost Gas112006-06-22168897
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
CondensateDisposition2,408 bbl$109,643
GasProduction2,710,225 Mcf$17,051,447
Total$17,161,089

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 29.3284, -96.7401. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.32844, -96.74012 · 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
17,090 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 17,090 ft.

Completions filed
Jan 2003
1 of 1 wells

1 well

42-28532974417,090 ftJan 2003

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 (281)

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

281 months

May 20260236106.413.05$719
Apr 2026014998.932.87$428
Mar 2026014089.753.15$441
Feb 2026328563.503.75$1,259
Jan 2026019659.138.00$1,568
Dec 2025325656.664.41$1,300
Nov 2025011758.593.93$459
Oct 2025027959.383.30$922
Sep 2025014562.743.08$446
Aug 2025027363.933.01$823
Jul 2025030166.743.32$998
Jun 2025015766.483.13$491
May 2025017260.553.23$556
Apr 2025434762.363.54$1,479
Mar 2025019267.704.27$820
Feb 2025024570.884.34$1,064
Jan 2025013174.324.28$561
Dec 2024031468.993.12$980
Nov 2024023669.052.20$519
Oct 2024926571.372.28$1,247
Sep 2024020869.612.36$492
Aug 2024732375.632.06$1,196
Jul 2024039579.932.15$848
Jun 2024029478.082.63$774
May 2024031778.812.20$697
Apr 2024031084.451.66$514
Mar 2024014580.301.55$224
Feb 2024030376.091.78$540
Jan 2024038473.023.30$1,266
Dec 2023629571.262.61$1,198
Nov 2023025677.892.81$719
Oct 2023046385.443.09$1,429
Sep 2023046789.042.74$1,277
Aug 2023040980.522.67$1,093
Jul 2023041874.852.64$1,104
Jun 2023052168.962.26$1,177
May 2023062370.622.23$1,388
Apr 2023053578.122.24$1,197
Mar 2023797872.852.39$2,850
Feb 2023020175.112.47$496
Jan 2023039776.533.39$1,345
Dec 2022047376.415.73$2,710
Nov 2022644285.005.65$3,006
Oct 2022037387.185.86$2,187
Sep 2022037584.888.16$3,061
Aug 2022042394.529.13$3,861
Jul 20220467101.587.54$3,522
Jun 20220313115.097.98$2,497
May 20220664109.378.43$5,600
Apr 20228582104.226.84$4,813
Mar 20220634108.885.08$3,218
Feb 2022050891.054.86$2,468
Jan 2022066081.844.54$2,995
Dec 20211079671.323.90$3,817
Nov 2021060977.435.24$3,189
Oct 2021050979.795.71$2,908
Sep 20211064769.865.35$4,161
Aug 2021053366.024.22$2,250
Jul 2021054670.783.98$2,174
Jun 2021745669.493.38$2,028
May 2021083563.483.02$2,520
Apr 2021069960.362.76$1,928
Mar 2021057861.302.72$1,570
Feb 2021031057.805.55$1,720
Jan 2021770650.412.81$2,337
Dec 2020856044.642.68$1,855
Nov 2020054038.772.71$1,462
Oct 2020051336.972.48$1,271
Sep 2020035437.091.99$705
Aug 2020060039.982.39$1,431
Jul 20201146438.371.83$1,269
Jun 2020034934.901.69$590
May 2020744116.921.81$919
Apr 2020055514.751.80$1,001
Mar 20202627230.341.86$1,294
Feb 2020019749.881.98$390
Jan 2020069057.252.09$1,445
Dec 2019036459.012.30$839
Nov 20191670455.302.75$2,821
Oct 2019067553.472.42$1,633
Sep 2019069555.052.66$1,847
Aug 2019064553.112.30$1,486
Jul 2019052956.272.46$1,301
Jun 20191442752.782.49$1,803
May 20191438858.482.74$1,882
Apr 2019055162.632.75$1,516
Mar 2019057456.803.06$1,758
Feb 20193070750.852.79$3,500
Jan 201901,10646.033.23$3,570
Dec 201801,23646.594.19$5,173
Nov 201801,63352.934.24$6,919
Oct 2018311,63461.443.40$7,457
Sep 201801,75059.543.11$5,439
Aug 201801,71059.403.07$5,244
Jul 2018131,12165.142.93$4,133
Jun 2018073460.183.08$2,258
May 201801,26565.382.90$3,670
Apr 2018441,71763.842.90$7,790
Mar 201801,86761.222.79$5,203
Feb 2018281,16161.782.77$4,941
Jan 2018098762.874.01$3,957
Dec 2017291,66957.272.92$6,537
Nov 201741,85855.423.12$6,016
Oct 201702,51749.292.98$7,510
Sep 201701,96247.523.09$6,057
Aug 201701,42445.373.00$4,278
Jul 201702,34443.873.09$7,237
Jun 201702,42042.493.09$7,471
May 201702,45145.373.26$7,999
Apr 201702,54847.933.21$8,183
Mar 201702,64146.772.98$7,880
Feb 201702,23150.452.95$6,587
Jan 201702,66849.413.42$9,121
Dec 201602,24948.763.72$8,373
Nov 201602,03742.492.64$5,387
Oct 2016072046.193.09$2,225
Sep 2016089941.553.10$2,787
Aug 2016093841.442.92$2,743
Jul 2016053441.622.92$1,562
Jun 2016090345.352.69$2,425
May 2016092142.521.99$1,834
Apr 2016050436.561.99$1,003
Mar 2016069033.011.79$1,238
Feb 2016057226.472.06$1,180
Jan 2016051527.352.36$1,218
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015043049.822.71$1,164
Mar 2015075242.892.93$2,207
Feb 2015046344.662.98$1,378
Jan 2015052543.433.10$1,628
Dec 2014061154.693.59$2,194
Nov 2014053270.464.25$2,262
Oct 2014053578.303.90$2,087
Sep 2014073486.164.05$2,969
Aug 2014077089.394.04$3,107
Jul 2014058896.564.18$2,458
Jun 2014072898.164.74$3,448
May 2014061994.734.73$2,926
Apr 2014054895.944.81$2,635
Mar 2014052495.895.06$2,650
Feb 2014060097.406.19$3,715
Jan 2014068390.404.86$3,320
Dec 2013044591.824.35$1,938
Nov 2013072088.853.74$2,692
Oct 2013061697.423.78$2,328
Sep 20130514104.113.72$1,911
Aug 20130830104.253.52$2,924
Jul 201311,112102.523.72$4,237
Jun 2013057994.403.93$2,277
May 2013074394.834.15$3,083
Apr 2013587593.964.28$4,217
Mar 201301,05393.623.91$4,120
Feb 2013090891.233.42$3,105
Jan 2013151,08691.603.42$5,088
Dec 201201,03986.773.42$3,554
Nov 201201,45786.953.62$5,282
Oct 201202,76089.383.40$9,383
Sep 201202,98594.672.92$8,711
Aug 2012391,53592.662.91$8,078
Jul 201207,23085.133.02$21,840
Jun 201272,78179.822.52$7,564
May 201222,96391.612.49$7,556
Apr 201202,911101.652.00$5,813
Mar 201204,169105.052.22$9,264
Feb 2012202,324101.102.57$7,995
Jan 201202,13798.092.73$5,843
Dec 201101,61096.873.24$5,216
Nov 201101,79495.723.31$5,940
Oct 201101,80884.983.65$6,597
Sep 201102,83883.623.99$11,312
Aug 201104,42483.404.15$18,357
Jul 201104,59694.144.52$20,761
Jun 201102,68692.904.64$12,463
May 201103,32298.134.40$14,633
Apr 201103,976105.964.33$17,229
Mar 201102,80296.364.06$11,369
Feb 201103,55485.644.18$14,856
Jan 201104,83486.504.59$22,182
Dec 201003,86685.734.35$16,808
Nov 201001,11380.843.80$4,224
Oct 201003,48078.103.51$12,211
Sep 201002,39772.633.98$9,539
Aug 201003,37873.684.42$14,929
Jul 201001,92972.554.74$9,137
Jun 201004,59070.364.91$22,539
May 201005,05971.124.24$21,426
Apr 201004,46181.694.12$18,391
Mar 201005,31078.394.39$23,304
Feb 201004,59073.585.44$24,980
Jan 201005,02674.365.96$29,976
Dec 200905,64971.445.48$30,978
Nov 200905,69074.593.75$21,346
Oct 200906,24772.544.11$25,677
Sep 2009346,10465.543.06$20,936
Aug 200906,46767.423.22$20,814
Jul 200906,55461.133.46$22,706
Jun 200906,72166.163.90$26,178
May 2009606,67454.743.93$29,485
Apr 200906,98446.773.59$25,055
Mar 2009187,66742.144.06$31,879
Feb 200926,70332.814.63$31,121
Jan 200907,74035.865.37$41,572
Dec 200807,84437.105.98$46,885
Nov 200806,90955.496.86$47,398
Oct 200805,15975.246.92$35,710
Sep 200807,890101.767.88$62,150
Aug 200808,632114.228.48$73,225
Jul 200807,344131.0811.39$83,644
Jun 200807,507131.3313.03$97,836
May 200808,492123.1711.57$98,289
Apr 200809,177110.3110.45$95,944
Mar 200809,119101.909.66$88,127
Feb 200809,40992.538.77$82,522
Jan 2008011,07790.388.21$90,895
Dec 2007014,39988.337.30$105,141
Nov 2007011,65291.677.29$84,963
Oct 2007011,68782.856.92$80,897
Sep 2007010,68875.846.24$66,738
Aug 2007012,65369.066.39$80,827
Jul 2007014,18070.906.39$90,581
Jun 2007913,34962.007.55$101,322
May 20073114,47358.747.85$115,380
Apr 20073112,65259.617.81$100,599
Mar 20072715,58856.927.30$115,360
Feb 2007014,07455.108.22$115,632
Jan 2007015,80650.306.73$106,325
Dec 2006016,43856.656.92$113,725
Nov 2006916,67354.207.62$127,494
Oct 20061617,52154.906.01$106,246
Sep 20061716,33360.085.04$83,294
Aug 20061817,27868.717.34$128,056
Jul 2006819,30369.376.34$122,989
Jun 2006018,18066.286.38$116,059
May 2006019,13466.016.42$122,936
Apr 2006018,85264.397.36$138,760
Mar 2006020,96756.707.08$148,508
Feb 2006019,87657.597.75$154,061
Jan 2006015,91460.598.93$142,165
Dec 2005018,81154.9413.42$252,357
Nov 2005019,07854.6910.59$202,006
Oct 20056624,32558.3413.80$339,432
Sep 200512823,42061.4512.08$290,756
Aug 2005026,52461.519.80$259,851
Jul 2005030,01355.697.84$235,411
Jun 2005028,78252.337.38$212,441
May 2005029,83645.226.65$198,444
Apr 2005031,26449.207.36$230,118
Mar 200514233,32650.377.15$245,596
Feb 2005029,87745.226.31$188,581
Jan 200514332,91843.166.32$214,286
Dec 2004035,58539.866.75$240,237
Nov 2004036,82145.286.33$233,092
Oct 2004039,28749.706.52$255,959
Sep 20041838,32043.245.28$203,257
Aug 2004332,14242.375.55$178,536
Jul 200414647,15538.286.08$292,488
Jun 2004149,53536.106.43$318,696
May 2004249,85637.486.49$323,869
Apr 200414647,97634.475.86$286,098
Mar 2004053,34234.365.53$294,989
Feb 200414452,67532.455.51$294,892
Jan 2004159,39932.036.30$374,224
Dec 200314354,75830.266.30$349,392
Nov 2003259,99528.804.60$275,744
Oct 20031465,09728.174.76$310,233
Sep 2003169,05726.314.75$328,003
Aug 200314674,99129.765.13$389,028
Jul 200310380,48629.415.17$419,209
Jun 2003086,97628.565.98$520,374
May 200329105,44426.595.97$630,554
Apr 20030121,76926.675.41$658,439
Mar 2003191161,56731.146.10$990,867
Feb 2003108161,32033.487.93$1,282,219
Jan 2003012,46630.315.58$69,586

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
Condensate             0 bbl  × $106.41 =         $0
Gas                  236 Mcf  × $  3.05 =       $719

────────────────────────────────────────────────────
Month total                                     $719

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. 02/G/195741 is the state's own key, not one this site invented.