FRANK GU

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

Gas lease lease 247347District 02Field 262146102 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.8 M
Nov 2008 – May 2026
Value, last 12 filed months
$219 k
at the published price for each month
Months reported
211
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 18 leases and 18 wells, and the rule below applies to all of them.

Discovered
1999-04-27
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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 Gas112013-04-15209497
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
CondensateDisposition26,418 bbl$1,806,259
GasProduction4,136,766 Mcf$15,975,318
Total$17,781,577

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 29.1187, -96.9870. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.11867, -96.98696 · 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
12,393 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 12,393 ft.

Completions filed
Aug 2009
1 of 1 wells

1 well

42-28533521212,393 ftAug 2009

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 (211)

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

211 months

May 202605,305106.413.05$16,158
Apr 202604,95598.932.87$14,219
Mar 202604,74289.753.15$14,935
Feb 202604,10063.503.75$15,376
Jan 202604,50159.138.00$35,999
Dec 202504,78556.664.41$21,118
Nov 20251014,59458.593.93$23,956
Oct 202504,83459.383.30$15,976
Sep 202505,04562.743.08$15,523
Aug 202505,14363.933.01$15,505
Jul 202504,19666.743.32$13,911
Jun 202505,14866.483.13$16,107
May 202505,03760.553.23$16,281
Apr 2025575,35262.363.54$22,517
Mar 2025565,43167.704.27$26,972
Feb 20251804,59370.884.34$32,696
Jan 202505,36374.324.28$22,947
Dec 202405,66268.993.12$17,673
Nov 202405,58769.052.20$12,283
Oct 202405,96471.372.28$13,606
Sep 202405,65269.612.36$13,363
Aug 202405,68875.632.06$11,738
Jul 202405,50779.932.15$11,821
Jun 202405,66078.082.63$14,908
May 2024566,17878.812.20$17,995
Apr 20241375,97284.451.66$21,478
Mar 202406,00680.301.55$9,280
Feb 2024555,92576.091.78$14,753
Jan 202406,43873.023.30$21,230
Dec 2023446,68371.262.61$20,583
Nov 202308,12177.892.81$22,800
Oct 202303,60185.443.09$11,117
Sep 202305,98289.042.74$16,361
Aug 202306,21480.522.67$16,609
Jul 2023736,55874.852.64$22,789
Jun 20231675,47668.962.26$23,884
May 202305,22370.622.23$11,634
Apr 202305,44878.122.24$12,191
Mar 202306,02372.852.39$14,414
Feb 2023805,45075.112.47$19,447
Jan 202306,14176.533.39$20,804
Dec 202206,11676.415.73$35,039
Nov 202206,26085.005.65$35,345
Oct 2022386,43087.185.86$41,017
Sep 202206,60884.888.16$53,946
Aug 2022376,24794.529.13$60,515
Jul 202206,187101.587.54$46,663
Jun 20221716,372115.097.98$70,511
May 202206,574109.378.43$55,439
Apr 2022606,670104.226.84$51,860
Mar 202206,675108.885.08$33,885
Feb 202205,29991.054.86$25,747
Jan 202206,12381.844.54$27,784
Dec 20212266,36171.323.90$40,921
Nov 202106,56077.435.24$34,354
Oct 202108,26779.795.71$47,237
Sep 2021857,31969.865.35$45,101
Aug 20211817,68866.024.22$44,398
Jul 202108,10070.783.98$32,255
Jun 202108,15169.493.38$27,555
May 2021387,49063.483.02$25,015
Apr 202108,43360.362.76$23,262
Mar 20212149,68761.302.72$39,437
Feb 2021395,23357.805.55$31,287
Jan 20211818,00750.412.81$31,626
Dec 2020757,58544.642.68$23,641
Nov 2020366,59438.772.71$19,243
Oct 2020407,57236.972.48$20,245
Sep 202007,56037.091.99$15,052
Aug 2020407,81639.982.39$20,241
Jul 2020388,37338.371.83$16,740
Jun 202006,84234.901.69$11,565
May 2020748,61616.921.81$16,888
Apr 20201827,95814.751.80$17,044
Mar 2020378,42430.341.86$16,759
Feb 202008,16349.881.98$16,168
Jan 20202178,85557.252.09$30,972
Dec 2019369,17159.012.30$23,258
Nov 2019368,83655.302.75$26,296
Oct 20192207,82153.472.42$30,679
Sep 2019377,59855.052.66$22,227
Aug 2019368,90653.112.30$22,435
Jul 2019348,56956.272.46$22,993
Jun 20192619,28452.782.49$36,904
May 2019419,73158.482.74$29,064
Apr 2019439,35762.632.75$28,431
Mar 201922710,03256.803.06$43,613
Feb 2019939,03750.852.79$29,962
Jan 201910310,12846.033.23$37,436
Dec 201818310,69646.594.19$53,293
Nov 20188610,31552.934.24$48,259
Oct 20183810,52161.443.40$38,086
Sep 201827210,24359.543.11$48,030
Aug 2018010,37959.403.07$31,828
Jul 201812411,19465.142.93$40,897
Jun 201814210,49760.183.08$40,844
May 20188411,04565.382.90$37,531
Apr 201812210,68763.842.90$38,789
Mar 201817011,19961.222.79$41,617
Feb 20189410,49461.782.77$34,835
Jan 201819310,07062.874.01$52,508
Dec 2017011,31057.272.92$33,042
Nov 201717810,77655.423.12$43,468
Oct 2017011,97149.292.98$35,718
Sep 2017213,03447.523.09$40,335
Aug 20171339,87945.373.00$35,715
Jul 2017012,93243.873.09$39,925
Jun 201716812,77942.493.09$46,591
May 2017013,40845.373.26$43,756
Apr 201714613,16247.933.21$49,269
Mar 20175513,84146.772.98$43,869
Feb 20172112,65750.452.95$38,431
Jan 20179713,96849.413.42$52,547
Dec 201617014,18448.763.72$61,094
Nov 2016014,06142.492.64$37,182
Oct 201612714,70846.193.09$51,318
Sep 2016014,44441.553.10$44,786
Aug 201617814,27241.442.92$49,113
Jul 2016014,68841.622.92$42,953
Jun 201620014,15545.352.69$47,088
May 20163315,21242.521.99$31,691
Apr 20169315,27336.561.99$33,809
Mar 2016015,75333.011.79$28,261
Feb 20169514,96526.472.06$33,397
Jan 2016015,96327.352.36$37,742
Dec 20159216,41832.362.00$35,836
Nov 20159215,11238.792.17$36,321
Oct 20154116,80543.552.43$42,564
Sep 20159316,48142.992.76$49,460
Aug 20159112,63040.162.87$39,934
Jul 20158815,51048.152.95$49,915
Jun 20158914,67656.152.88$47,306
May 20158916,11755.212.96$52,547
Apr 20159016,16149.822.71$48,225
Mar 201518016,70642.892.93$56,747
Feb 20156515,11544.662.98$47,888
Jan 201510716,93743.433.10$57,162
Dec 201427516,84454.693.59$75,533
Nov 201417917,29770.464.25$86,156
Oct 201418217,88178.303.90$84,004
Sep 201417817,65286.164.05$86,747
Aug 201418018,26789.394.04$89,800
Jul 201417719,76396.564.18$99,693
Jun 201435519,53398.164.74$127,372
May 201417719,33794.734.73$108,165
Apr 201417619,43495.944.81$110,346
Mar 201435920,92795.895.06$140,248
Feb 201434519,00697.406.19$151,288
Jan 201454121,05190.404.86$151,229
Dec 201317421,53291.824.35$109,737
Nov 2013021,45588.853.74$80,205
Oct 201317121,51697.423.78$97,976
Sep 201317421,910104.113.72$99,571
Aug 2013022,341104.253.52$78,699
Jul 201317822,046102.523.72$100,210
Jun 201316722,24194.403.93$103,248
May 201318220,02794.834.15$100,353
Apr 201317920,99793.964.28$106,740
Mar 201317322,74193.623.91$105,179
Feb 2013020,96391.233.42$71,692
Jan 201317523,27891.603.42$95,639
Dec 201217723,66486.773.42$96,293
Nov 201217222,44486.953.62$96,314
Oct 2012021,95689.383.40$74,643
Sep 201214624,95294.672.92$86,642
Aug 201212525,91492.662.91$86,945
Jul 201214826,62985.133.02$93,040
Jun 201214728,45579.822.52$83,413
May 201227328,00791.612.49$94,700
Apr 201212725,806101.652.00$64,439
Mar 201212728,549105.052.22$76,780
Feb 201215527,624101.102.57$86,671
Jan 201215129,19398.092.73$94,628
Dec 201115330,46796.873.24$113,526
Nov 201128830,78695.723.31$129,508
Oct 201113920,83884.983.65$87,841
Sep 201113731,99083.623.99$138,962
Aug 201114131,05983.404.15$140,633
Jul 201113732,82194.144.52$161,158
Jun 201114032,77292.904.64$165,064
May 201114334,92998.134.40$167,889
Apr 201131634,626105.964.33$183,528
Mar 201116437,37796.364.06$167,454
Feb 201132534,63585.644.18$172,607
Jan 201115739,32986.504.59$194,053
Dec 201016640,20285.734.35$189,019
Nov 201031839,70380.843.80$176,393
Oct 201016444,91978.103.51$170,424
Sep 201033144,24172.633.98$200,096
Aug 201015548,39273.684.42$225,282
Jul 201011850,03272.554.74$245,537
Jun 201012135,90670.364.91$184,826
May 201020549,14171.124.24$222,703
Apr 201023248,83881.694.12$220,296
Mar 201044852,66278.394.39$266,235
Feb 201033650,69273.585.44$300,607
Jan 201016356,79074.365.96$350,821
Dec 200934158,34871.445.48$344,327
Nov 200940659,12974.593.75$252,106
Oct 200923264,85572.544.11$283,400
Sep 200926467,58765.543.06$224,440
Aug 200926366,01767.423.22$230,207
Jul 200942276,03061.133.46$289,203
Jun 200928678,10466.163.90$323,137
May 200971186,93354.743.93$380,197
Apr 200943889,70246.773.59$342,291
Mar 200978196,92642.144.06$426,334
Feb 2009493102,92932.814.63$493,045
Jan 2009842135,50735.865.37$758,002
Dec 2008994148,55437.105.98$924,805
Nov 2008014,39555.496.86$98,755

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                5,305 Mcf  × $  3.05 =    $16,158

────────────────────────────────────────────────────
Month total                                  $16,158

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/247347 is the state's own key, not one this site invented.