BARNES

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

Gas lease lease 242929District 02Field 64860500NGPA filingCondensateGasSaveExport
Value, all time
$2.3 M
Oct 2008 – Jul 2018
Value, last 12 filed months
$859
at the published price for each month
Months reported
118
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
2007-09-06
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 2008-02-26.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 07/01/2008.

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
CondensateDisposition1,713 bbl$106,883
GasProduction457,685 Mcf$2,197,056
Total$2,303,939

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 29.3469, -96.7523. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.34694, -96.75229 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
15,822 ft
1 wells filed one
Completion to plug
9.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 15,822 ft.

Completions filed
Oct 2008
1 of 1 wells
Plug dates filed
Jul 2018
1 of 1 wells

Last completion to plug: a median of 9.8 years across the 1 well that filed both dates, with the middle half between 9.8 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-28533505115,822 ftOct 2008Jul 2018Yes

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 (118)

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

118 months

Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 201715057.272.92$859
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 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
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 2016049136.561.99$978
Mar 201601,27033.011.79$2,278
Feb 201601,03126.472.06$2,128
Jan 201601,03527.352.36$2,447
Dec 201501,23632.362.00$2,474
Nov 2015090138.792.17$1,953
Oct 201501,09743.552.43$2,662
Sep 201501,05442.992.76$2,907
Aug 201501,09740.162.87$3,151
Jul 201501,54448.152.95$4,547
Jun 2015722,04756.152.88$9,944
May 201501,13155.212.96$3,343
Apr 201501,36549.822.71$3,694
Mar 201501,74242.892.93$5,112
Feb 20151861,27544.662.98$12,101
Jan 201501,15443.433.10$3,578
Dec 201401,39454.693.59$5,006
Nov 201401,61470.464.25$6,862
Oct 201401,57678.303.90$6,148
Sep 201401,47886.164.05$5,979
Aug 201401,49289.394.04$6,020
Jul 201402,00596.564.18$8,380
Jun 2014096298.164.74$4,557
May 2014044994.734.73$2,122
Apr 201401,50895.944.81$7,252
Mar 201401,55995.895.06$7,884
Feb 201401,66397.406.19$10,297
Jan 201401,91990.404.86$9,328
Dec 201301,63591.824.35$7,120
Nov 201301,45488.853.74$5,435
Oct 201301,25197.423.78$4,728
Sep 201301,733104.113.72$6,443
Aug 201301,793104.253.52$6,316
Jul 201301,696102.523.72$6,305
Jun 201301,51394.403.93$5,951
May 201301,81394.834.15$7,522
Apr 201302,09293.964.28$8,959
Mar 201303,23893.623.91$12,670
Feb 201302,30091.233.42$7,866
Jan 201301,99691.603.42$6,826
Dec 201201,87186.773.42$6,399
Nov 201201,79586.953.62$6,507
Oct 201202,71389.383.40$9,223
Sep 201202,40594.672.92$7,019
Aug 201202,12792.662.91$6,186
Jul 201202,60385.133.02$7,863
Jun 201202,15579.822.52$5,429
May 201202,20391.612.49$5,482
Apr 201202,618101.652.00$5,228
Mar 20121743,088105.052.22$25,140
Feb 201201,914101.102.57$4,919
Jan 201202,39998.092.73$6,559
Dec 201102,85696.873.24$9,253
Nov 201102,93895.723.31$9,729
Oct 201103,07284.983.65$11,208
Sep 201103,10083.623.99$12,356
Aug 201103,27883.404.15$13,601
Jul 201103,29894.144.52$14,898
Jun 201103,57392.904.64$16,578
May 201103,70198.134.40$16,302
Apr 201103,704105.964.33$16,050
Mar 201103,55696.364.06$14,428
Feb 201103,53385.644.18$14,768
Jan 201104,16986.504.59$19,131
Dec 201004,21985.734.35$18,343
Nov 201004,38080.843.80$16,624
Oct 201004,58878.103.51$16,099
Sep 201005,08872.633.98$20,248
Aug 201005,13373.684.42$22,685
Jul 201001,56072.554.74$7,389
Jun 201005,07370.364.91$24,910
May 201005,71571.124.24$24,204
Apr 201005,51881.694.12$22,749
Mar 201005,47678.394.39$24,032
Feb 201005,21773.585.44$28,393
Jan 20101735,09874.365.96$43,269
Dec 200906,51971.445.48$35,749
Nov 200906,42074.593.75$24,085
Oct 200907,90772.544.11$32,500
Sep 200907,88965.543.06$24,178
Aug 20091728,45667.423.22$38,812
Jul 200909,76161.133.46$33,817
Jun 2009011,20266.163.90$43,632
May 200917913,00854.743.93$60,865
Apr 2009011,87546.773.59$42,602
Mar 2009014,75242.144.06$59,878
Feb 2009016,09732.814.63$74,577
Jan 200918422,65035.865.37$128,251
Dec 2008031,67637.105.98$189,332
Nov 200837749,31055.496.86$359,204
Oct 200818154,82675.246.92$393,123

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.

Dec 2017 — as filed, then multipliedworked
Condensate            15 bbl  × $ 57.27 =       $859
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                     $859

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/242929 is the state's own key, not one this site invented.