TRUSTY OIL UNIT

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

Oil lease lease 10893District 03Field 93832234OilCasinghead gasSaveExport
Value, all time
$864 k
Jan 1993 – Apr 2001
Value, last 12 filed months
$56 k
at the published price for each month
Months reported
100
no gaps in the span
Streams
2
oil, casinghead 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 10 leases and 23 wells, and the rule below applies to all of them.

Discovered
1949-06-07
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: SEPARATED FROM VILLAGE MILLS, EAST (V-Y) 6-1-75

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
OilDisposition52,951 bbl$779,461
Casinghead gasProduction32,138 Mcf$84,441
Total$863,902

1,237 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 30.5027, -94.3788. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.50269, -94.37885 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,615 ft
1 wells filed one
Completion to plug
10.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 6,615 ft.

Completions filed
Aug 2010
1 of 1 wells
Plug dates filed
Aug 2020
1 of 1 wells

Last completion to plug: a median of 10.0 years across the 1 well that filed both dates, with the middle half between 10.0 years and 10.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1990007636,615 ftAug 2010Aug 2020Yes

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 (100)

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

100 months

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 200018031.235.15$562
Sep 20007134131.875.19$4,031
Aug 200020869329.644.54$9,312
Jul 200021350628.534.09$8,146
Jun 200047082929.304.40$17,416
May 20003501,93727.263.68$16,669
Apr 20001871,18324.513.12$8,270
Mar 20006451,57628.422.86$22,838
Feb 20005361,46027.622.73$18,785
Jan 20006871,43525.272.48$20,920
Dec 199997398324.282.42$26,007
Nov 19998021,28823.192.43$21,733
Oct 19991,0831,83720.982.80$27,872
Sep 19999301,72121.752.62$24,735
Aug 19991,3072,34319.262.88$31,910
Jul 19991,24643417.892.37$23,321
Jun 199997143315.942.36$16,501
May 19991,47040615.792.32$24,154
Apr 19991,54246115.102.21$24,302
Mar 19991,79643412.471.84$23,194
Feb 19992,0776299.981.82$21,872
Jan 19992,58866010.381.90$28,117
Dec 19982,0994269.201.77$20,066
Nov 19982,27613910.892.19$25,089
Oct 19982,62750112.421.97$33,614
Sep 19982,31554512.592.08$30,281
Aug 19982,62959311.301.91$30,839
Jul 19982,59161311.742.24$31,790
Jun 19982,75011511.242.24$31,167
May 19982,92270012.622.21$38,420
Apr 19982,89586213.042.51$39,910
Mar 19982,90765912.802.31$38,732
Feb 199847735713.952.30$7,475
Jan 199819727214.702.15$3,482
Dec 19977929916.322.41$2,010
Nov 19977935818.193.09$2,543
Oct 199715839219.253.15$4,276
Sep 19977943817.742.95$2,696
Aug 199716034817.862.55$3,747
Jul 19977827017.582.25$1,978
Jun 199715326417.242.26$3,234
May 19977921618.972.31$1,997
Apr 199715521217.882.08$3,213
Mar 199715224118.951.94$3,348
Feb 19977825520.492.21$2,161
Jan 19975423723.483.54$2,107
Dec 19965523223.32$1,283
Nov 19965122921.97$1,120
Oct 1996021523.31$0
Sep 1996017722.22$0
Aug 1996206120.26$4,174
Jul 19960119.55$0
Jun 1996216118.73$4,046
May 199620119.43$389
Apr 1996236121.51$5,076
Mar 19960119.38$0
Feb 199617116.98$289
Jan 19960117.07$0
Dec 19950117.19$0
Nov 1995106116.00$1,696
Oct 199591315.43$1,404
Sep 1995150516.18$2,427
Aug 1995118615.92$1,879
Jul 199575315.24$1,143
Jun 1995108216.41$1,772
May 199567117.56$1,177
Apr 199594417.73$1,667
Mar 1995130116.44$2,137
Feb 199589116.58$1,476
Jan 19951221215.92$1,942
Dec 1994961115.03$1,443
Nov 19941241015.90$1,972
Oct 19941141315.58$1,776
Sep 199494115.29$1,437
Aug 199494116.13$1,516
Jul 199494117.56$1,651
Jun 1994105117.09$1,794
May 1994105115.88$1,667
Apr 1994107114.14$1,513
Mar 1994121112.46$1,508
Feb 1994103112.50$1,288
Jan 1994120112.66$1,519
Dec 1993152112.33$1,874
Nov 1993163114.49$2,362
Oct 1993139115.85$2,203
Sep 1993165115.03$2,480
Aug 1993145715.66$2,271
Jul 19931863915.46$2,876
Jun 1993685016.79$1,142
May 1993804117.68$1,414
Apr 19931014018.05$1,823
Mar 19931343818.14$2,431
Feb 19931003617.90$1,790
Jan 19931313816.93$2,218

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.

Oct 2000 — as filed, then multipliedworked
Oil                   18 bbl  × $ 31.23 =       $562
Casinghead gas         0 Mcf  × $  5.15 =         $0

────────────────────────────────────────────────────
Month total                                     $562

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/O/10893 is the state's own key, not one this site invented.