MERTA

Operated by FAULCONER ENERGY, LLC (P-5 263648) in the MCFARLAN (YEGUA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 257724District 03Field 59416500CondensateGasSaveExport
Value, all time
$2.8 M
Jun 2010 – May 2026
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
192
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1988-01-10
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: ONE WELL FIELD EFF. 3-1-89

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
CondensateDisposition5,844 bbl$493,241
GasProduction628,726 Mcf$2,257,920
Total$2,751,161

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 29.3124, -96.3312. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.31244, -96.33122 · 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
13,530 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 13,530 ft.

Completions filed
Jun 2010
1 of 1 wells

1 well

42-48135099113,530 ftJun 2010

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 (192)

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

192 months

May 202601,304106.413.05$3,972
Apr 202601,45798.932.87$4,181
Mar 202602989.753.15$91
Feb 2026052263.503.75$1,958
Jan 2026059459.138.00$4,751
Dec 2025082356.664.41$3,632
Nov 2025076258.593.93$2,992
Oct 2025094659.383.30$3,126
Sep 2025077162.743.08$2,372
Aug 2025056463.933.01$1,700
Jul 2025068066.743.32$2,254
Jun 2025036966.483.13$1,155
May 2025035560.553.23$1,147
Apr 2025038562.363.54$1,364
Mar 2025035767.704.27$1,524
Feb 2025010370.884.34$447
Jan 2025020374.324.28$869
Dec 2024071268.993.12$2,222
Nov 2024089269.052.20$1,961
Oct 2024064671.372.28$1,474
Sep 2024043569.612.36$1,029
Aug 202401,77175.632.06$3,655
Jul 2024032879.932.15$704
Jun 20240078.082.63$0
May 2024040178.812.20$882
Apr 202401,47484.451.66$2,446
Mar 202401,17180.301.55$1,809
Feb 20241711,22176.091.78$15,189
Jan 202401,35573.023.30$4,468
Dec 2023054771.262.61$1,428
Nov 202301,34577.892.81$3,776
Oct 202301,52885.443.09$4,717
Sep 202301,31189.042.74$3,586
Aug 202301,19880.522.67$3,202
Jul 2023064674.852.64$1,707
Jun 202301,29768.962.26$2,929
May 202301,36970.622.23$3,049
Apr 202301,33078.122.24$2,976
Mar 202301,44072.852.39$3,446
Feb 202301,38675.112.47$3,417
Jan 202301,75476.533.39$5,942
Dec 2022058276.415.73$3,334
Nov 202201,36485.005.65$7,701
Oct 202201,39787.185.86$8,192
Sep 202201,39184.888.16$11,356
Aug 202201,37394.529.13$12,532
Jul 202201,268101.587.54$9,563
Jun 202201,515115.097.98$12,085
May 202201,574109.378.43$13,274
Apr 202201,473104.226.84$10,072
Mar 202201,513108.885.08$7,681
Feb 202201,40091.054.86$6,802
Jan 202201,51281.844.54$6,861
Dec 202101,50571.323.90$5,868
Nov 202101,40477.435.24$7,353
Oct 202101,54779.795.71$8,839
Sep 202101,54169.865.35$8,246
Aug 202101,50666.024.22$6,356
Jul 202101,60670.783.98$6,395
Jun 202101,56569.493.38$5,291
May 202101,64863.483.02$4,973
Apr 20211801,65460.362.76$15,427
Mar 202102,18161.302.72$5,926
Feb 2021083757.805.55$4,644
Jan 202101,76950.412.81$4,971
Dec 202001,90844.642.68$5,105
Nov 202002,00338.772.71$5,421
Oct 202002,14736.972.48$5,321
Sep 202002,36037.091.99$4,699
Aug 202002,60539.982.39$6,213
Jul 202004,51438.371.83$8,239
Jun 202001,39134.901.69$2,351
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 201906159.012.30$141
Nov 2019038155.302.75$1,048
Oct 201903,32953.472.42$8,051
Sep 20190055.052.66$0
Aug 201901,58253.112.30$3,646
Jul 201902,03956.272.46$5,016
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201901,16562.632.75$3,205
Mar 201901,77056.803.06$5,420
Feb 201901,86450.852.79$5,205
Jan 201902,07246.033.23$6,689
Dec 201802,07946.594.19$8,702
Nov 201801,47652.934.24$6,254
Oct 201802,20961.443.40$7,506
Sep 201802,03659.543.11$6,328
Aug 20181782,32659.403.07$17,706
Jul 201802,22365.142.93$6,518
Jun 201802,47260.183.08$7,606
May 201802,43565.382.90$7,063
Apr 201802,47663.842.90$7,182
Mar 201802,03161.222.79$5,660
Feb 201802,33161.782.77$6,448
Jan 201802,52762.874.01$10,132
Dec 201702,12457.272.92$6,205
Nov 201702,12355.423.12$6,620
Oct 201702,45949.292.98$7,337
Sep 201702,28447.523.09$7,051
Aug 201702,00345.373.00$6,018
Jul 201702,52543.873.09$7,795
Jun 201702,71242.493.09$8,373
May 201702,63545.373.26$8,599
Apr 201702,57947.933.21$8,283
Mar 201702,71746.772.98$8,107
Feb 201702,63250.452.95$7,771
Jan 20171883,90949.413.42$22,653
Dec 201604,39348.763.72$16,354
Nov 201603,26142.492.64$8,623
Oct 201602,74346.193.09$8,477
Sep 201602,75641.553.10$8,545
Aug 201603,07841.442.92$9,001
Jul 201601,96741.622.92$5,752
Jun 201601,29245.352.69$3,470
May 201602,94042.521.99$5,854
Apr 201603,02636.561.99$6,025
Mar 201603,43733.011.79$6,166
Feb 201603,86526.472.06$7,976
Jan 201604,50527.352.36$10,651
Dec 201504,20432.362.00$8,414
Nov 201504,18538.792.17$9,070
Oct 2015204,28443.552.43$11,266
Sep 2015864,32842.992.76$15,636
Aug 201503,78240.162.87$10,864
Jul 201504,37048.152.95$12,870
Jun 201504,46956.152.88$12,884
May 201504,03255.212.96$11,916
Apr 201503,86449.822.71$10,458
Mar 20151884,34642.892.93$20,818
Feb 201504,00844.662.98$11,929
Jan 201503,40943.433.10$10,570
Dec 201404,53654.693.59$16,290
Nov 201404,25770.464.25$18,100
Oct 201404,29278.303.90$16,743
Sep 201404,61186.164.05$18,654
Aug 201404,79489.394.04$19,344
Jul 20141834,70596.564.18$37,336
Jun 201404,32998.164.74$20,506
May 20143654,34094.734.73$55,090
Apr 201402,34495.944.81$11,273
Mar 201402,85095.895.06$14,412
Feb 201403,65397.406.19$22,619
Jan 201403,00390.404.86$14,597
Dec 201303,80691.824.35$16,573
Nov 201302,71288.853.74$10,138
Oct 201302,92897.423.78$11,066
Sep 201302,705104.113.72$10,056
Aug 20131823,890104.253.52$32,676
Jul 201305,661102.523.72$21,046
Jun 201305,92794.403.93$23,313
May 20131795,79694.834.15$41,023
Apr 201305,99793.964.28$25,683
Mar 20131816,29293.623.91$41,565
Feb 201305,40691.233.42$18,488
Jan 201306,33391.603.42$21,658
Dec 20121886,03886.773.42$36,964
Nov 201205,90386.953.62$21,398
Oct 201206,50889.383.40$22,125
Sep 20121486,44494.672.92$32,817
Aug 201207,16192.662.91$20,825
Jul 20121937,12685.133.02$37,956
Jun 20121956,59079.822.52$32,165
May 201207,10591.612.49$17,680
Apr 20121966,940101.652.00$33,781
Mar 201207,195105.052.22$15,988
Feb 201207,155101.102.57$18,390
Jan 20121967,75398.092.73$40,423
Dec 20113407,44796.873.24$57,062
Nov 201107,97495.723.31$26,404
Oct 20111938,23584.983.65$46,447
Sep 201108,13083.623.99$32,405
Aug 20111938,51983.404.15$51,444
Jul 201108,63594.144.52$39,006
Jun 20111918,61792.904.64$57,726
May 20111939,43798.134.40$60,507
Apr 20111969,366105.964.33$61,354
Mar 201119410,16996.364.06$59,953
Feb 2011010,11685.644.18$42,285
Jan 201119512,34386.504.59$73,507
Dec 201019413,23985.734.35$74,191
Nov 201019313,08880.843.80$65,275
Oct 201008,86878.103.51$31,117
Sep 201054510,80172.633.98$82,566
Aug 2010010,60973.684.42$46,885
Jul 2010011,65772.554.74$55,213
Jun 2010018,42770.364.91$90,484

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                1,304 Mcf  × $  3.05 =     $3,972

────────────────────────────────────────────────────
Month total                                   $3,972

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/257724 is the state's own key, not one this site invented.