MERCHANT OPERATORS FEE

Operated by QUAIL CREEK OIL CORPORATION (P-5 684517) in the MERCHANT (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 138156District 03Field 60558200CondensateGasSaveExport
Value, all time
$17.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
401
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 9 leases and 29 wells, and the rule below applies to all of them.

Discovered
2006-08-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2006-09-01.

The Commission's schedule remark for this field reads: SPACING & DENSITY RULES.

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
CondensateDisposition270,365 bbl$16,165,742
GasProduction471,517 Mcf$1,078,957
Total$17,244,699

197,419 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 30.1313, -94.6550. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.13130, -94.65498 · 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
8,800 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 8,800 ft.

Completions filed
Aug 2015
1 of 1 wells

1 well

42-2910200318,800 ftAug 2015

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 (401)

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

401 months

May 20261,26988106.413.05$135,302
Apr 20261,30211198.932.87$129,125
Mar 20261,13518289.753.15$102,439
Feb 20261,11015263.503.75$71,055
Jan 20261,30317159.138.00$78,414
Dec 20251,34927256.664.41$77,635
Nov 20251,28110058.593.93$75,446
Oct 20251,42720859.383.30$85,423
Sep 20251,35929162.743.08$86,159
Aug 20251,44319363.933.01$92,833
Jul 20251,35425666.743.32$91,215
Jun 20251,11221666.483.13$74,602
May 20251,21330760.553.23$74,439
Apr 20251,51143662.363.54$95,771
Mar 20251,68015067.704.27$114,376
Feb 20251,57117370.884.34$112,103
Jan 20251,34754274.324.28$102,428
Dec 20241,44628068.993.12$100,634
Nov 20241,35612769.052.20$93,911
Oct 20241,43420871.372.28$102,819
Sep 20241,59640569.612.36$112,055
Aug 20241,74626175.632.06$132,589
Jul 20241,4405379.932.15$115,213
Jun 20241,35831078.082.63$106,849
May 20241,51230178.812.20$119,822
Apr 20241,62853384.451.66$138,369
Mar 20241,87247080.301.55$151,048
Feb 20241,62487276.091.78$125,125
Jan 20241,7081,03473.023.30$128,128
Dec 20231,6191,03371.262.61$118,067
Nov 20231,52483177.892.81$121,037
Oct 20231,46279385.443.09$127,361
Sep 20231,77978889.042.74$160,557
Aug 20231,8041,06280.522.67$148,097
Jul 20231,80884174.852.64$137,551
Jun 20231,73458368.962.26$120,893
May 20232,03079170.622.23$145,120
Apr 20231,77346078.122.24$139,536
Mar 20231,86875272.852.39$137,883
Feb 20231,61174875.112.47$122,847
Jan 20231,97385876.533.39$153,900
Dec 20222,26397076.415.73$178,473
Nov 20221,49962685.005.65$130,950
Oct 20222,13425987.185.86$187,561
Sep 20221,89841684.888.16$164,498
Aug 20221,78930394.529.13$171,862
Jul 20221,855538101.587.54$192,489
Jun 20222,101365115.097.98$244,716
May 20222,226390109.378.43$246,747
Apr 20221,801301104.226.84$189,758
Mar 20221,883249108.885.08$206,285
Feb 20221,43538091.054.86$132,503
Jan 20221,64254681.844.54$136,859
Dec 20211,45527971.323.90$104,858
Nov 20211,40437677.435.24$110,681
Oct 20211,63747679.795.71$133,336
Sep 20211,35786069.865.35$99,402
Aug 20211,65791866.024.22$113,270
Jul 20211,69883870.783.98$123,521
Jun 20211,85173569.493.38$131,111
May 20212,02452863.483.02$130,077
Apr 20211,79955960.362.76$110,130
Mar 20212,09852661.302.72$130,037
Feb 20211,50746757.805.55$89,695
Jan 20211,78549550.412.81$91,373
Dec 202067340944.642.68$31,137
Nov 202065253338.772.71$26,721
Oct 20201,5661,17436.972.48$60,805
Sep 20201,3421,29837.091.99$52,359
Aug 20207731,29939.982.39$34,003
Jul 20207761,77138.371.83$33,007
Jun 202069127934.901.69$24,588
May 2020028816.921.81$523
Apr 20201,4281,86814.751.80$24,434
Mar 20201,2651,87430.341.86$41,859
Feb 20201,3541,74049.881.98$70,984
Jan 20201,7541,15457.252.09$102,834
Dec 20191,76529359.012.30$104,828
Nov 20191,71150955.302.75$96,018
Oct 20192,72489053.472.42$147,805
Sep 20191,87774955.052.66$105,319
Aug 20192,68452653.112.30$143,759
Jul 20192,71939656.272.46$153,972
Jun 20192,71748852.782.49$144,619
May 20192,78168158.482.74$164,499
Apr 20192,88065962.632.75$182,187
Mar 20192,70355856.803.06$155,239
Feb 20192,14776950.852.79$111,322
Jan 20192,64565646.033.23$123,867
Dec 20182,92097546.594.19$140,124
Nov 20182,8731,04252.934.24$156,483
Oct 20182,6251,06761.443.40$164,906
Sep 20182,7931,14559.543.11$169,854
Aug 20182,62586659.403.07$158,581
Jul 20182,87179765.142.93$189,354
Jun 20182,85476760.183.08$174,114
May 20183,17830165.382.90$208,651
Apr 20182,62673263.842.90$169,767
Mar 20182,85190961.222.79$177,071
Feb 20182,62480161.782.77$164,326
Jan 20182,8521,00062.874.01$183,315
Dec 20173,01889657.272.92$175,459
Nov 20173,01740355.423.12$168,459
Oct 20173,1821,78449.292.98$162,164
Sep 20172,11750847.523.09$102,168
Aug 20171,63057445.373.00$75,678
Jul 20172,17387243.873.09$98,022
Jun 20172,4861,37542.493.09$109,875
May 20172,9101,63745.373.26$137,369
Apr 20172,8442,01947.933.21$142,797
Mar 20172,8312,15746.772.98$138,842
Feb 20172,6001,94450.452.95$136,910
Jan 20173,1492,11249.413.42$162,813
Dec 20163,1061,74748.763.72$157,952
Nov 20163,4891,84742.492.64$153,132
Oct 20163,6562,14846.193.09$175,509
Sep 20163,6132,57941.553.10$158,117
Aug 20163,6212,38941.442.92$157,040
Jul 20163,6192,19641.622.92$157,045
Jun 20162,84176345.352.69$130,889
May 20163,32853942.521.99$142,580
Apr 20163,6341,53736.561.99$135,919
Mar 20163,8782,37333.011.79$132,270
Feb 20163,48191926.472.06$94,039
Jan 20162,8881,50927.352.36$82,555
Dec 20152,4181,21832.362.00$80,684
Nov 20152,3382,28838.792.17$95,650
Oct 20153,0993,21443.552.43$142,760
Sep 20152,9673,43842.992.76$137,035
Aug 20151,6241,84240.162.87$70,511
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20151049.822.71$50
Mar 2015101,39242.892.93$4,514
Feb 2015611,86244.662.98$8,266
Jan 2015742,12243.433.10$9,793
Dec 2014862,16354.693.59$12,471
Nov 2014402,05770.464.25$11,564
Oct 2014512,07278.303.90$12,076
Sep 2014522,04586.164.05$12,753
Aug 2014502,08989.394.04$12,899
Jul 2014531,96096.564.18$13,310
Jun 20144086898.164.74$8,038
May 20143863794.734.73$6,611
Apr 2014221,71695.944.81$10,363
Mar 2014101,40195.895.06$8,043
Feb 2014101,37597.406.19$9,488
Jan 2014131,52790.404.86$8,598
Dec 2013111,62091.824.35$8,064
Nov 2013441,25088.853.74$8,582
Oct 201391,53697.423.78$6,682
Sep 20131221,517104.113.72$18,341
Aug 2013641,287104.253.52$11,206
Jul 2013581,897102.523.72$12,999
Jun 2013571,91994.403.93$12,929
May 20133254494.834.15$5,292
Apr 20134569093.964.28$7,183
Mar 2013281,39793.623.91$8,088
Feb 2013531,52691.233.42$10,054
Jan 2013571,26891.603.42$9,558
Dec 2012341,25086.773.42$7,225
Nov 20124698986.953.62$7,585
Oct 2012411,36089.383.40$8,288
Sep 20123330694.672.92$4,017
Aug 20126528392.662.91$6,846
Jul 20124085.133.02$341
Jun 2012234279.822.52$1,942
May 20122910491.612.49$2,915
Apr 201229133101.652.00$3,213
Mar 201230162105.052.22$3,511
Feb 201231272101.102.57$3,833
Jan 20123132798.092.73$3,935
Dec 20113526596.873.24$4,249
Nov 20113011695.723.31$3,256
Oct 2011178384.983.65$1,747
Sep 20111613383.623.99$1,868
Aug 20111417883.404.15$1,906
Jul 20111519494.144.52$2,288
Jun 20111343092.904.64$3,203
May 2011815198.134.40$1,450
Apr 2011244105.964.33$403
Mar 20112072496.364.06$4,865
Feb 20111669685.644.18$4,280
Jan 20112869886.504.59$5,625
Dec 20103660785.734.35$5,725
Nov 20102562980.843.80$4,408
Oct 20102667178.103.51$4,385
Sep 201010966972.633.98$10,579
Aug 20103062073.684.42$4,950
Jul 20103865272.554.74$5,845
Jun 20103263870.364.91$5,384
May 20102951271.124.24$4,231
Apr 20102947781.694.12$4,336
Mar 20103527678.394.39$3,955
Feb 20103216373.585.44$3,242
Jan 20102964574.365.96$6,003
Dec 20093567271.445.48$6,185
Nov 20093267674.593.75$4,923
Oct 20093261572.544.11$4,849
Sep 20093026365.543.06$2,772
Aug 20093120367.423.22$2,743
Jul 20092970461.133.46$4,212
Jun 20093769166.163.90$5,139
May 20092772454.743.93$4,320
Apr 20092957646.773.59$3,423
Mar 20092971142.144.06$4,108
Feb 20092663932.814.63$3,814
Jan 20093355335.865.37$4,154
Dec 20082734837.105.98$3,082
Nov 200812155.496.86$673
Oct 200819175.246.92$1,436
Sep 200817102101.767.88$2,533
Aug 200832817114.228.48$10,586
Jul 200834901131.0811.39$14,719
Jun 200826670131.3313.03$12,146
May 200823798123.1711.57$12,069
Apr 200825365110.3110.45$6,574
Mar 200815254101.909.66$3,983
Feb 20081961492.538.77$7,143
Jan 20082466990.388.21$7,659
Dec 20072475288.337.30$7,611
Nov 2007241,47391.677.29$12,941
Oct 2007181,23282.856.92$10,019
Sep 2007151,41775.846.24$9,986
Aug 20072499669.066.39$8,020
Jul 20075997370.906.39$10,399
Jun 2007069662.007.55$5,254
May 20071640858.747.85$4,141
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 2005675852.337.38$5,909
May 2005164045.226.65$990
Apr 200515549.207.36$775
Mar 2005131150.377.15$734
Feb 20050045.226.31$0
Jan 200516343.166.32$710
Dec 20041431339.866.75$2,671
Nov 2004161,58445.286.33$10,752
Oct 2004141,65049.706.52$11,446
Sep 2004131,80543.245.28$10,100
Aug 2004142,22242.375.55$12,927
Jul 2004132,27238.286.08$14,321
Jun 2004102,23736.106.43$14,752
May 2004915237.486.49$1,325
Apr 2004144634.475.86$752
Mar 20041598734.365.53$5,974
Feb 20041096232.455.51$5,625
Jan 2004161,01932.036.30$6,932
Dec 2003141,06230.266.30$7,116
Nov 2003132,11028.804.60$10,070
Oct 2003122,44028.174.76$11,952
Sep 2003111,66026.314.75$8,173
Aug 2003152,32629.765.13$12,378
Jul 2003172,32929.415.17$12,543
Jun 20031502,29528.565.98$18,015
May 200302,62226.595.97$15,660
Apr 200302,32926.675.41$12,594
Mar 200302,39131.146.10$14,576
Feb 200302,43233.487.93$19,276
Jan 200302,21930.315.58$12,387
Dec 200202,05726.914.85$9,984
Nov 200202,26824.664.14$9,383
Oct 200202,52926.464.23$10,695
Sep 200202,54627.443.64$9,255
Aug 200201,82825.963.16$5,784
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 200281,33224.663.58$4,971
Apr 2002262,50823.653.51$9,424
Mar 200202,60022.003.10$8,067
Feb 2002152,65618.222.38$6,583
Jan 2002162,98617.172.38$7,369
Dec 2001163,14916.932.36$7,716
Nov 2001133,30918.072.41$8,195
Oct 2001173,74619.782.53$9,809
Sep 200142,49824.262.25$5,721
Aug 2001164,21524.873.05$13,267
Jul 200182,07323.933.20$6,819
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 1997151,03523.483.54$4,016
Dec 1996133,18123.32$303
Nov 1996101,03221.97$220
Oct 1996121,40523.31$280
Sep 1996161,37022.22$356
Aug 1996161,49920.26$324
Jul 1996151,64419.55$293
Jun 1996142,28418.73$262
May 1996031919.43$0
Apr 1996215721.51$43
Mar 1996102,18319.38$194
Feb 1996114,93816.98$187
Jan 1996111,23617.07$188
Dec 1995112,23117.19$189
Nov 1995133,27316.00$208
Oct 1995122,13515.43$185
Sep 1995102,77716.18$162
Aug 1995124,84615.92$191
Jul 199582,77015.24$122
Jun 1995104,32416.41$164
May 1995124,57117.56$211
Apr 1995104,52417.73$177
Mar 1995114,77516.44$181
Feb 1995124,34316.58$199
Jan 1995114,92215.92$175
Dec 199473,49415.03$105
Nov 1994145,27515.90$223
Oct 1994115,46115.58$171
Sep 199415,63615.29$15
Aug 1994146,20516.13$226
Jul 1994136,69817.56$228
Jun 1994146,64317.09$239
May 1994128,30615.88$191
Apr 199475,18314.14$99
Mar 19941177812.46$137
Feb 1994121,61312.50$150
Jan 1994122,73812.66$152
Dec 1993133,03812.33$160
Nov 1993145,72214.49$203
Oct 1993103,95115.85$159
Sep 1993104,09215.03$150
Aug 1993117,49815.66$172
Jul 1993147,25815.46$216
Jun 1993143,52116.79$235
May 1993147,03717.68$248
Apr 19931210,15718.05$217
Mar 199363,80818.14$109
Feb 1993147,22317.90$251
Jan 1993149,34516.93$237

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         1,269 bbl  × $106.41 =   $135,034
Gas                   88 Mcf  × $  3.05 =       $268

────────────────────────────────────────────────────
Month total                                 $135,302

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. 03/G/138156 is the state's own key, not one this site invented.