VESELY

Operated by MERIT ENERGY COMPANY (P-5 561136) in the DRY HOLLOW (13,900 WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198767District 02Field 262147752 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Aug 2003 – May 2026
Value, last 12 filed months
$483
at the published price for each month
Months reported
274
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
2000-10-05
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 40 acres. The field rule took effect on 2001-06-06.

The Commission's schedule remark for this field reads: SHALL BE FILED. EFF. 3-8-05 PER DKT. #02-0241088.

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 Gas222005-09-23 – 2005-09-262 dockets
NGPA2none

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
CondensateDisposition188 bbl$8,715
GasProduction295,969 Mcf$1,721,781
Total$1,730,496

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 29.1472, -96.9614. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.14725, -96.96139 · 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
16,482 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 16,482 ft.

Completions filed
Aug 2003
1 of 1 wells

1 well

42-28533022116,482 ftAug 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 (274)

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

274 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202601763.503.75$64
Jan 202603659.138.00$288
Dec 20250056.664.41$0
Nov 20251058.593.93$59
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202502266.743.32$73
Jun 20250066.483.13$0
May 202503260.553.23$103
Apr 202507462.363.54$262
Mar 202507367.704.27$312
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024014878.812.20$325
Apr 202402584.451.66$41
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202302480.522.67$64
Jul 202301774.852.64$45
Jun 202305868.962.26$131
May 202308970.622.23$198
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 202201194.529.13$100
Jul 2022057101.587.54$430
Jun 2022092115.097.98$734
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 202101879.795.71$103
Sep 202103569.865.35$187
Aug 202104966.024.22$207
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210860.362.76$22
Mar 202106661.302.72$179
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 202008538.772.71$230
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 202003134.901.69$52
May 202002616.921.81$47
Apr 20200014.751.80$0
Mar 2020028330.341.86$525
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 201905358.482.74$145
Apr 2019026162.632.75$718
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20181059.543.11$60
Aug 20180159.403.07$3
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20181063.842.90$64
Mar 20181061.222.79$61
Feb 20184161.782.77$250
Jan 20181062.874.01$63
Dec 20170757.272.92$20
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170242.493.09$6
May 20174181345.373.26$4,513
Apr 2017177547.933.21$2,537
Mar 2017079946.772.98$2,384
Feb 20175441050.452.95$3,935
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201502538.792.17$54
Oct 2015052343.552.43$1,269
Sep 201501,22842.992.76$3,387
Aug 201501,13640.162.87$3,263
Jul 201508248.152.95$242
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015016749.822.71$452
Mar 201501,19342.892.93$3,501
Feb 201501,17744.662.98$3,503
Jan 2015066143.433.10$2,050
Dec 201401,24554.693.59$4,471
Nov 201401,27670.464.25$5,425
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 201401,13496.564.18$4,740
Jun 2014032398.164.74$1,530
May 201401,19494.734.73$5,644
Apr 2014038295.944.81$1,837
Mar 2014176495.895.06$3,959
Feb 2014093797.406.19$5,802
Jan 2014092390.404.86$4,486
Dec 2013059991.824.35$2,608
Nov 201301,24988.853.74$4,669
Oct 2013074697.423.78$2,819
Sep 201301,232104.113.72$4,580
Aug 20130899104.253.52$3,167
Jul 20130932102.523.72$3,465
Jun 2013049794.403.93$1,955
May 2013091994.834.15$3,813
Apr 2013073393.964.28$3,139
Mar 2013081393.623.91$3,181
Feb 201301,06791.233.42$3,649
Jan 201301,05691.603.42$3,611
Dec 201201,03986.773.42$3,554
Nov 2012083486.953.62$3,023
Oct 2012067989.383.40$2,308
Sep 2012071994.672.92$2,098
Aug 201201,15192.662.91$3,347
Jul 201201,08585.133.02$3,278
Jun 2012096479.822.52$2,428
May 201201,23591.612.49$3,073
Apr 20120969101.652.00$1,935
Mar 201201,546105.052.22$3,435
Feb 201200101.102.57$0
Jan 2012099598.092.73$2,720
Dec 201101,11796.873.24$3,619
Nov 201101,06995.723.31$3,540
Oct 2011075284.983.65$2,744
Sep 201101,06883.623.99$4,257
Aug 201101,10883.404.15$4,597
Jul 201101,12294.144.52$5,068
Jun 201101,16592.904.64$5,405
May 201101,15598.134.40$5,088
Apr 201101,159105.964.33$5,022
Mar 201101,21596.364.06$4,930
Feb 201101,16785.644.18$4,878
Jan 201101,27186.504.59$5,832
Dec 201001,26685.734.35$5,504
Nov 201001,10480.843.80$4,190
Oct 201001,01678.103.51$3,565
Sep 201001,02172.633.98$4,063
Aug 2010099273.684.42$4,384
Jul 201001,44172.554.74$6,825
Jun 201001,00470.364.91$4,930
May 201001,05271.124.24$4,455
Apr 201001,33881.694.12$5,516
Mar 201001,44678.394.39$6,346
Feb 201001,42373.585.44$7,744
Jan 201001,32674.365.96$7,908
Dec 200901,40571.445.48$7,705
Nov 200901,40874.593.75$5,282
Oct 200901,52072.544.11$6,248
Sep 200901,46665.543.06$4,493
Aug 200901,16067.423.22$3,733
Jul 2009098261.133.46$3,402
Jun 2009098966.163.90$3,852
May 200901,07454.743.93$4,216
Apr 200901,08446.773.59$3,889
Mar 2009096842.144.06$3,929
Feb 2009086932.814.63$4,026
Jan 2009097035.865.37$5,210
Dec 200801,07437.105.98$6,419
Nov 200801,24255.496.86$8,521
Oct 200801,07975.246.92$7,469
Sep 200801,687101.767.88$13,289
Aug 200801,788114.228.48$15,168
Jul 200801,892131.0811.39$21,549
Jun 200801,764131.3313.03$22,990
May 200801,510123.1711.57$17,477
Apr 200801,850110.3110.45$19,341
Mar 200802,288101.909.66$22,111
Feb 2008030892.538.77$2,701
Jan 2008059190.388.21$4,850
Dec 2007096288.337.30$7,025
Nov 200701,04791.677.29$7,634
Oct 2007098382.856.92$6,804
Sep 200701,06075.846.24$6,619
Aug 200701,03069.066.39$6,580
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200701,62258.747.85$12,727
Apr 200701,37559.617.81$10,732
Mar 200702,26856.927.30$16,561
Feb 200702,36055.108.22$19,390
Jan 200702,29450.306.73$15,431
Dec 200602,59656.656.92$17,960
Nov 200601,61554.207.62$12,302
Oct 200602,39154.906.01$14,379
Sep 200601,41360.085.04$7,118
Aug 200601,95968.717.34$14,379
Jul 200601,50169.376.34$9,520
Jun 200602,17066.286.38$13,853
May 200602,26266.016.42$14,533
Apr 200602,11664.397.36$15,575
Mar 200602,27956.707.08$16,142
Feb 200601,43457.597.75$11,115
Jan 200601,96460.598.93$17,545
Dec 200502,30854.9413.42$30,963
Nov 200502,22954.6910.59$23,602
Oct 200502,11358.3413.80$29,150
Sep 200502,54061.4512.08$30,681
Aug 200502,41861.519.80$23,689
Jul 200501,88155.697.84$14,754
Jun 200502,13552.337.38$15,759
May 200502,23445.226.65$14,859
Apr 200502,18149.207.36$16,053
Mar 200503,21350.377.15$22,989
Feb 200501,81745.226.31$11,469
Jan 200503,75443.166.32$23,734
Dec 200403,11539.866.75$21,030
Nov 200402,86045.286.33$18,105
Oct 200403,59049.706.52$23,389
Sep 2004722,69043.245.28$17,327
Aug 200404,21742.375.55$23,407
Jul 200405,04538.286.08$30,695
Jun 200425,88036.106.43$37,898
May 200426,88237.486.49$44,771
Apr 200408,20034.475.86$48,039
Mar 2004012,50534.365.53$69,154
Feb 200407,30832.455.51$40,264
Jan 200405,61132.036.30$35,347
Dec 200305,73230.266.30$36,121
Nov 200365,32728.804.60$24,651
Oct 2003012,04128.174.76$57,311
Sep 2003021,29726.314.75$101,147
Aug 2003016,55429.765.13$84,917

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.

Feb 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                   17 Mcf  × $  3.75 =        $64

────────────────────────────────────────────────────
Month total                                      $64

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/198767 is the state's own key, not one this site invented.