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 226380District 02Field 849822252 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.4 M
Oct 2005 – May 2026
Value, last 12 filed months
$260 k
at the published price for each month
Months reported
248
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 Gas112007-07-18175581
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
CondensateDisposition15,244 bbl$1,008,855
GasProduction2,432,706 Mcf$13,404,056
Total$14,412,911

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 29.3297, -96.7439. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.32971, -96.74387 · 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
18,200 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 18,200 ft.

Completions filed
Nov 2005
1 of 1 wells

1 well

42-28532982518,200 ftNov 2005

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 (248)

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

248 months

May 202606,232106.413.05$18,982
Apr 202603,44598.932.87$9,886
Mar 202604,77689.753.15$15,042
Feb 20261335,47663.503.75$28,982
Jan 202606,67859.138.00$53,410
Dec 20251274,37456.664.41$26,500
Nov 202505,60458.593.93$22,004
Oct 202503,65759.383.30$12,086
Sep 202505,81162.743.08$17,880
Aug 202506,19363.933.01$18,670
Jul 202505,03966.743.32$16,705
Jun 202506,38366.483.13$19,971
May 202504,97360.553.23$16,074
Apr 20251315,72762.363.54$28,461
Mar 202505,10467.704.27$21,786
Feb 202505,44970.884.34$23,653
Jan 202506,08774.324.28$26,044
Dec 202405,78168.993.12$18,045
Nov 202406,17869.052.20$13,582
Oct 20242276,52671.372.28$31,089
Sep 202405,08369.612.36$12,018
Aug 20241145,03975.632.06$19,020
Jul 202405,21979.932.15$11,203
Jun 202406,52778.082.63$17,192
May 202405,57378.812.20$12,252
Apr 202406,28784.451.66$10,431
Mar 202406,05380.301.55$9,353
Feb 202404,44476.091.78$7,927
Jan 202407,18273.023.30$23,684
Dec 20231064,72671.262.61$19,892
Nov 202305,99477.892.81$16,829
Oct 202306,51485.443.09$20,111
Sep 202306,54889.042.74$17,909
Aug 202306,67680.522.67$17,844
Jul 202304,98374.852.64$13,164
Jun 202305,11768.962.26$11,557
May 202306,25670.622.23$13,935
Apr 202307,52878.122.24$16,846
Mar 202310210,42772.852.39$32,384
Feb 202301,83875.112.47$4,532
Jan 202307,38376.533.39$25,012
Dec 202205,77976.415.73$33,108
Nov 20221266,41985.005.65$46,953
Oct 202206,93587.185.86$40,665
Sep 202206,68684.888.16$54,582
Aug 202206,06194.529.13$55,320
Jul 202205,765101.587.54$43,480
Jun 202204,890115.097.98$39,009
May 202206,109109.378.43$51,517
Apr 20221276,563104.226.84$58,111
Mar 202206,157108.885.08$31,255
Feb 202205,15291.054.86$25,033
Jan 202208,36281.844.54$37,944
Dec 20212009,76971.323.90$52,355
Nov 202105,72677.435.24$29,986
Oct 202109,10179.795.71$52,002
Sep 2021839,85269.865.35$58,516
Aug 202103,66666.024.22$15,473
Jul 2021054770.783.98$2,178
Jun 2021992,89769.493.38$16,673
May 202108,98663.483.02$27,117
Apr 202107,78860.362.76$21,483
Mar 202103,84261.302.72$10,438
Feb 202105,81757.805.55$32,272
Jan 20211026,22350.412.81$22,630
Dec 2020975,82444.642.68$19,912
Nov 202005,13238.772.71$13,890
Oct 202007,70936.972.48$19,106
Sep 202005,12237.091.99$10,198
Aug 202005,54539.982.39$13,225
Jul 20201226,57838.371.83$16,687
Jun 202006,86234.901.69$11,599
May 2020406,69616.921.81$12,828
Apr 202008,72714.751.80$15,747
Mar 20201066,02030.341.86$14,391
Feb 202005,71249.881.98$11,314
Jan 2020010,02957.252.09$21,008
Dec 2019046259.012.30$1,065
Nov 20191285,03855.302.75$20,936
Oct 201906,52853.472.42$15,788
Sep 201909,60955.052.66$25,534
Aug 201905,28153.112.30$12,169
Jul 201905,95256.272.46$14,642
Jun 20191227,06752.782.49$24,044
May 2019635,61158.482.74$19,060
Apr 201907,14762.632.75$19,659
Mar 201909,52056.803.06$29,151
Feb 20191047,17450.852.79$25,320
Jan 201905,21246.033.23$16,825
Dec 201803,61546.594.19$15,130
Nov 201806,75052.934.24$28,601
Oct 20181117,45861.443.40$32,163
Sep 201807,16859.543.11$22,278
Aug 201807,67859.403.07$23,545
Jul 2018416,58065.142.93$21,963
Jun 201808,06460.183.08$24,812
May 201809,63065.382.90$27,935
Apr 201811810,63263.842.90$38,374
Mar 201809,45561.222.79$26,350
Feb 20189512,20661.782.77$39,632
Jan 2018012,08762.874.01$48,461
Dec 201728015,23157.272.92$60,533
Nov 201717121,21555.423.12$75,633
Oct 201705,09949.292.98$15,214
Sep 20170147.523.09$3
Aug 20170445.373.00$12
Jul 20170143.873.09$3
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201703,29350.452.95$9,723
Jan 2017717,56249.413.42$29,361
Dec 201608,81348.763.72$32,809
Nov 2016010,60842.492.64$28,051
Oct 20161277,93546.193.09$30,387
Sep 201608,26641.553.10$25,630
Aug 201609,58141.442.92$28,018
Jul 201609,31541.622.92$27,240
Jun 20161078,64545.352.69$28,071
May 201608,86542.521.99$17,651
Apr 201608,04336.561.99$16,014
Mar 20161768,29233.011.79$20,686
Feb 201608,38426.472.06$17,301
Jan 201608,84927.352.36$20,922
Dec 2015659,98132.362.00$22,079
Nov 201516710,75738.792.17$29,792
Oct 2015015,04443.552.43$36,505
Sep 201510010,21842.992.76$32,485
Aug 201514817,30340.162.87$55,646
Jul 201517919,01348.152.95$64,614
Jun 201535223,99456.152.88$88,936
May 201553332,30555.212.96$124,903
Apr 201516223,48449.822.71$71,632
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201302104.113.72$7
Aug 201305,964104.253.52$21,009
Jul 201316611,123102.523.72$58,371
Jun 201308,18394.403.93$32,187
May 2013011,62194.834.15$48,216
Apr 201316510,33893.964.28$59,777
Mar 201309,78893.623.91$38,299
Feb 201308,89591.233.42$30,420
Jan 201312510,18191.603.42$46,268
Dec 2012010,31986.773.42$35,293
Nov 2012010,72986.953.62$38,892
Oct 2012010,57989.383.40$35,965
Sep 2012010,05194.672.92$29,333
Aug 20126812,17292.662.91$41,699
Jul 2012013,89885.133.02$41,983
Jun 201215912,05879.822.52$43,066
May 201216815,70291.612.49$54,462
Apr 2012018,593101.652.00$37,127
Mar 201235724,350105.052.22$91,611
Feb 201228828,813101.102.57$103,173
Jan 2012010,12598.092.73$27,683
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 201102294.144.52$99
Jun 2011010892.904.64$501
May 2011138,40798.134.40$38,307
Apr 201109,790105.964.33$42,423
Mar 2011011,58896.364.06$47,016
Feb 201109,65485.644.18$40,354
Jan 2011010,99486.504.59$50,449
Dec 2010010,71985.734.35$46,604
Nov 2010010,62980.843.80$40,341
Oct 201008,56778.103.51$30,061
Sep 2010010,99772.633.98$43,762
Aug 2010010,31373.684.42$45,577
Jul 2010012,06272.554.74$57,132
Jun 201009,61770.364.91$47,223
May 2010011,03171.124.24$46,719
Apr 2010012,27081.694.12$50,585
Mar 2010011,35378.394.39$49,825
Feb 201017510,05573.585.44$67,599
Jan 201018115,85474.365.96$108,014
Dec 200908,02371.445.48$43,996
Nov 200907,16374.593.75$26,872
Oct 2009011,86572.544.11$48,768
Sep 200910511,63065.543.06$42,525
Aug 2009012,05667.423.22$38,802
Jul 2009012,53961.133.46$43,441
Jun 2009011,67766.163.90$45,482
May 20096011,69054.743.93$49,176
Apr 2009013,36146.773.59$47,933
Mar 20091812,35242.144.06$50,895
Feb 20091749,16832.814.63$48,184
Jan 2009013,70635.865.37$73,615
Dec 200817412,67537.105.98$82,216
Nov 2008011,96755.496.86$82,098
Oct 200814614,61775.246.92$112,164
Sep 2008012,352101.767.88$97,298
Aug 200817514,099114.228.48$139,591
Jul 2008013,687131.0811.39$155,887
Jun 200817413,635131.3313.03$200,551
May 200818114,237123.1711.57$187,077
Apr 2008015,583110.3110.45$162,918
Mar 200817911,649101.909.66$130,817
Feb 200818013,07992.538.77$131,366
Jan 200817115,18490.388.21$140,051
Dec 200718618,17888.337.30$149,165
Nov 2007014,65791.677.29$106,874
Oct 200726315,69882.856.92$130,451
Sep 2007014,79775.846.24$92,395
Aug 200711814,97369.066.39$103,796
Jul 200718416,95670.906.39$121,360
Jun 200718015,85962.007.55$130,871
May 200715618,07358.747.85$150,969
Apr 200715915,77859.617.81$132,628
Mar 200716017,93756.927.30$140,083
Feb 200718815,73355.108.22$139,621
Jan 200718419,22850.306.73$138,599
Dec 200618619,75956.656.92$147,238
Nov 200617619,85354.207.62$160,769
Oct 200616622,54854.906.01$144,713
Sep 200616622,24760.085.04$122,036
Aug 200616926,71168.717.34$207,669
Jul 200617724,68069.376.34$168,818
Jun 200618619,36266.286.38$135,933
May 200618524,01966.016.42$166,534
Apr 200626218,98364.397.36$156,594
Mar 200619025,85756.707.08$193,916
Feb 200638225,07057.597.75$216,320
Jan 200638140,63060.598.93$386,046
Dec 200538345,13654.9413.42$626,560
Nov 200556062,38154.6910.59$691,141
Oct 2005833142,13258.3413.80$2,009,416

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                6,232 Mcf  × $  3.05 =    $18,982

────────────────────────────────────────────────────
Month total                                  $18,982

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/226380 is the state's own key, not one this site invented.