FRANK GU

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

Gas lease lease 281465District 02Field 26214650CondensateGasSaveExport
Value, all time
$1.3 M
Jan 2016 – May 2026
Value, last 12 filed months
$76 k
at the published price for each month
Months reported
125
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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
2014-01-06
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: AOF-1 AND AOF-2 EFFECTIVE 08/01/2017.

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
CondensateDisposition6,109 bbl$360,253
GasProduction310,188 Mcf$965,704
Total$1,325,957

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 29.1167, -96.9898. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.11670, -96.98978 · 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
12,462 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 12,462 ft.

Completions filed
Jan 2016
1 of 1 wells

1 well

42-12332275312,462 ftJan 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 (125)

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

125 months

May 202601,537106.413.05$4,681
Apr 202601,49498.932.87$4,287
Mar 202601,45889.753.15$4,592
Feb 202601,23563.503.75$4,632
Jan 202601,41959.138.00$11,349
Dec 202501,42556.664.41$6,289
Nov 20251271,18858.593.93$12,106
Oct 202501,10559.383.30$3,652
Sep 20251761,17162.743.08$14,645
Aug 202501,16063.933.01$3,497
Jul 2025078566.743.32$2,602
Jun 202501,11966.483.13$3,501
May 202501,20860.553.23$3,905
Apr 2025161,30562.363.54$5,622
Mar 2025161,07167.704.27$5,655
Feb 202501,19270.884.34$5,174
Jan 202501,09974.324.28$4,702
Dec 202401,56468.993.12$4,882
Nov 202401,55469.052.20$3,416
Oct 20241781,56671.372.28$16,277
Sep 202401,17269.612.36$2,771
Aug 202401,52275.632.06$3,141
Jul 202401,46079.932.15$3,134
Jun 202401,44978.082.63$3,817
May 2024151,56878.812.20$4,629
Apr 202401,54084.451.66$2,555
Mar 202401,56480.301.55$2,417
Feb 2024211,48276.091.78$4,241
Jan 202401,70773.023.30$5,629
Dec 2023341,75371.262.61$6,999
Nov 202301,75077.892.81$4,913
Oct 202301,10585.443.09$3,411
Sep 20231931,54489.042.74$21,408
Aug 202301,66980.522.67$4,461
Jul 2023741,66874.852.64$9,945
Jun 202301,59868.962.26$3,609
May 202301,65970.622.23$3,695
Apr 202301,63378.122.24$3,654
Mar 202301,74672.852.39$4,178
Feb 2023731,65675.112.47$9,566
Jan 20231791,72776.533.39$19,549
Dec 202201,64976.415.73$9,447
Nov 202201,73585.005.65$9,796
Oct 2022361,84587.185.86$13,957
Sep 202201,76384.888.16$14,393
Aug 2022351,82594.529.13$19,965
Jul 202201,909101.587.54$14,398
Jun 20221781,820115.097.98$35,005
May 202201,899109.378.43$16,014
Apr 2022771,827104.226.84$20,517
Mar 202201,875108.885.08$9,518
Feb 202201,67191.054.86$8,119
Jan 20221791,96981.844.54$23,584
Dec 2021331,84971.323.90$9,563
Nov 202101,61577.435.24$8,458
Oct 202101,86579.795.71$10,656
Sep 2021681,87569.865.35$14,783
Aug 202101,93866.024.22$8,180
Jul 20211781,89870.783.98$20,157
Jun 202101,79169.493.38$6,055
May 2021351,71663.483.02$7,400
Apr 202101,81860.362.76$5,015
Mar 2021332,00461.302.72$7,468
Feb 2021301,48057.805.55$9,945
Jan 20211731,95650.412.81$14,218
Dec 2020591,96544.642.68$7,891
Nov 2020321,89738.772.71$6,375
Oct 2020311,99436.972.48$6,088
Sep 202001,88337.091.99$3,749
Aug 20202061,96639.982.39$12,925
Jul 2020271,96238.371.83$4,617
Jun 202001,91134.901.69$3,230
May 2020512,01616.921.81$4,521
Apr 202001,94914.751.80$3,517
Mar 2020252,01030.341.86$4,490
Feb 20201802,03449.881.98$13,007
Jan 2020242,19557.252.09$5,972
Dec 2019252,25859.012.30$6,678
Nov 2019252,25855.302.75$7,594
Oct 2019262,24153.472.42$6,810
Sep 2019832,14255.052.66$10,261
Aug 2019242,49353.112.30$7,019
Jul 20191762,56056.272.46$16,201
Jun 2019552,66652.782.49$9,544
May 2019262,88258.482.74$9,418
Apr 2019272,65862.632.75$9,002
Mar 20191952,72356.803.06$19,414
Feb 2019353,06650.852.79$10,341
Jan 2019121,28346.033.23$4,694
Dec 201807446.594.19$310
Nov 2018368252.934.24$2,253
Oct 20181193,72261.443.40$19,959
Sep 2018514,26559.543.11$16,292
Aug 20181344,41659.403.07$21,502
Jul 2018724,57165.142.93$18,092
Jun 2018794,28360.183.08$17,933
May 2018514,97265.382.90$17,757
Apr 20181714,96263.842.90$25,310
Mar 20181094,80561.222.79$20,064
Feb 20182063,97561.782.77$23,722
Jan 2018163,88662.874.01$16,586
Dec 2017374,81957.272.92$16,198
Nov 20170055.423.12$0
Oct 2017165649.292.98$956
Sep 201707547.523.09$232
Aug 2017574545.373.00$2,721
Jul 2017497043.873.09$2,366
Jun 2017936742.493.09$4,158
May 201705,34945.373.26$17,456
Apr 20171165,10047.933.21$21,939
Mar 20171835,19146.772.98$24,047
Feb 2017384,84050.452.95$16,208
Jan 201705,55449.413.42$18,988
Dec 20161365,77448.763.72$28,127
Nov 201605,66242.492.64$14,972
Oct 2016575,68946.193.09$20,213
Sep 2016835,46141.553.10$20,381
Aug 20161496,07041.442.92$23,925
Jul 2016414,54341.622.92$14,992
Jun 201605,50345.352.69$14,780
May 20161387,06942.521.99$19,942
Apr 20161848,38936.561.99$23,430
Mar 201609,17533.011.79$16,460
Feb 201618710,97926.472.06$27,606
Jan 201605,46427.352.36$12,919

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                1,537 Mcf  × $  3.05 =     $4,681

────────────────────────────────────────────────────
Month total                                   $4,681

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/281465 is the state's own key, not one this site invented.