FRANK GU

Operated by MERIT ENERGY COMPANY (P-5 561136) in the GARRETT (WILCOX A-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 281354District 02Field 34028490CondensateGasSaveExport
Value, all time
$2.1 M
Jun 2016 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
120
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1982-01-22
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: ALLOCATION FORMULA EFF. 9-1-82 PER AMENDMENT TO SWR 28 & 29

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
CondensateDisposition5,531 bbl$285,984
GasProduction579,928 Mcf$1,793,490
Total$2,079,474

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 29.1148, -96.9857. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.11477, -96.98572 · 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
13,147 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 13,147 ft.

Completions filed
Jun 2016
1 of 1 wells

1 well

42-28533546413,147 ftJun 2016

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 (120)

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

120 months

May 20260235106.413.05$716
Apr 2026018098.932.87$517
Mar 2026021289.753.15$668
Feb 2026015463.503.75$578
Jan 2026017659.138.00$1,408
Dec 2025014856.664.41$653
Nov 20256514258.593.93$4,366
Oct 2025011659.383.30$383
Sep 2025014562.743.08$446
Aug 2025010463.933.01$314
Jul 2025012666.743.32$418
Jun 2025012666.483.13$394
May 2025026760.553.23$863
Apr 2025612062.363.54$799
Mar 2025925067.704.27$1,676
Feb 202517922770.884.34$13,673
Jan 2025015474.324.28$659
Dec 2024040668.993.12$1,267
Nov 2024047869.052.20$1,051
Oct 2024045471.372.28$1,036
Sep 2024058369.612.36$1,378
Aug 2024041975.632.06$865
Jul 2024046979.932.15$1,007
Jun 2024054578.082.63$1,436
May 20241261978.812.20$2,307
Apr 2024060984.451.66$1,010
Mar 2024065780.301.55$1,015
Feb 20241265476.091.78$2,080
Jan 2024071873.023.30$2,368
Dec 2023973271.262.61$2,552
Nov 2023079277.892.81$2,224
Oct 2023049685.443.09$1,531
Sep 2023077689.042.74$2,122
Aug 2023082180.522.67$2,194
Jul 20231696974.852.64$3,758
Jun 2023085868.962.26$1,938
May 2023087770.622.23$1,953
Apr 2023085678.122.24$1,916
Mar 2023078372.852.39$1,874
Feb 20231585275.112.47$3,227
Jan 2023097276.533.39$3,293
Dec 2022087376.415.73$5,001
Nov 202201,01385.005.65$5,720
Oct 202281,04887.185.86$6,843
Sep 202201,21084.888.16$9,878
Aug 202271,09694.529.13$10,665
Jul 202201,193101.587.54$8,998
Jun 202201,358115.097.98$10,833
May 202201,425109.378.43$12,017
Apr 2022171,476104.226.84$11,864
Mar 202201,566108.885.08$7,950
Feb 20221831,42991.054.86$23,605
Jan 202201,58981.844.54$7,210
Dec 202171,63871.323.90$6,886
Nov 202101,57877.435.24$8,264
Oct 202101,80279.795.71$10,296
Sep 2021151,70569.865.35$10,171
Aug 202101,95866.024.22$8,264
Jul 202102,21070.783.98$8,800
Jun 202102,38169.493.38$8,049
May 202182,76863.483.02$8,861
Apr 202103,23860.362.76$8,932
Mar 20211913,47761.302.72$21,155
Feb 202172,36857.805.55$13,542
Jan 202103,42750.412.81$9,631
Dec 2020133,44244.642.68$9,789
Nov 202073,31938.772.71$9,255
Oct 202073,61136.972.48$9,208
Sep 202003,49537.091.99$6,959
Aug 20201873,67939.982.39$16,251
Jul 202063,83538.371.83$7,230
Jun 202002,90134.901.69$4,904
May 2020114,13716.921.81$7,694
Apr 202004,07814.751.80$7,358
Mar 202064,35030.341.86$8,257
Feb 20201884,08249.881.98$17,463
Jan 202054,56357.252.09$9,845
Dec 201954,59759.012.30$10,888
Nov 201954,76055.302.75$13,370
Oct 201964,45853.472.42$11,103
Sep 20191344,70955.052.66$19,890
Aug 201954,40553.112.30$10,416
Jul 2019382,23156.272.46$7,627
Jun 2019112,17652.782.49$6,001
May 201965,03658.482.74$14,151
Apr 201964,94962.632.75$13,989
Mar 20191134,86856.803.06$21,325
Feb 2019135,10150.852.79$14,904
Jan 20192016,19846.033.23$29,260
Dec 201806,31946.594.19$26,448
Nov 2018116,21952.934.24$26,934
Oct 2018976,68061.443.40$28,659
Sep 2018116,20459.543.11$19,937
Aug 2018528,03059.403.07$27,713
Jul 2018568,11365.142.93$27,434
Jun 20181067,98760.183.08$30,954
May 2018118,12165.382.90$24,277
Apr 2018988,19763.842.90$30,034
Mar 20181329,54261.222.79$34,673
Feb 201878,03161.782.77$22,647
Jan 20181855,82362.874.01$34,977
Dec 201706,65057.272.92$19,428
Nov 201707,10555.423.12$22,156
Oct 20171679,50049.292.98$36,576
Sep 2017010,41947.523.09$32,166
Aug 201709,52845.373.00$28,626
Jul 201714012,34943.873.09$44,267
Jun 201714713,45242.493.09$47,776
May 2017015,62745.373.26$50,997
Apr 201711516,15747.933.21$57,402
Mar 201719017,74246.772.98$61,823
Feb 201718715,86950.452.95$56,289
Jan 2017019,48249.413.42$66,605
Dec 201625920,79648.763.72$90,049
Nov 201618121,43542.492.64$64,372
Oct 201618325,51746.193.09$87,307
Sep 201629926,53841.553.10$94,708
Aug 201641630,64141.442.92$106,844
Jul 201637829,24541.622.92$101,255
Jun 201636420,52745.352.69$71,639

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                  235 Mcf  × $  3.05 =       $716

────────────────────────────────────────────────────
Month total                                     $716

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/281354 is the state's own key, not one this site invented.