MERKA UNIT

Operated by WILDFIRE ENERGY OPERATING LLC (P-5 923444) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22903District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$14.2 M
Nov 1995 – May 2026
Value, last 12 filed months
$119 k
at the published price for each month
Months reported
367
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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

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
OilDisposition443,270 bbl$13,402,510
Casinghead gasProduction210,793 Mcf$798,831
Total$14,201,340

18,510 Mcf of this lease's gas, across 14 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.

Every month this lease reported (367)

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

367 months

May 2026046106.413.05$140
Apr 20261824498.932.87$18,132
Mar 202604589.753.15$142
Feb 20261804163.503.75$11,584
Jan 202604659.138.00$368
Dec 20251634556.664.41$9,434
Nov 20251895158.593.93$11,274
Oct 202504759.383.30$155
Sep 20253535162.743.08$22,304
Aug 20253545263.933.01$22,788
Jul 20251734866.743.32$11,705
Jun 20251625566.483.13$10,942
May 202534611360.553.23$21,316
Apr 202535119462.363.54$22,576
Mar 202538028967.704.27$26,960
Feb 202535118470.884.34$25,678
Jan 202535119774.324.28$26,929
Dec 202434018168.993.12$24,022
Nov 202435230769.052.20$24,981
Oct 202435624371.372.28$25,962
Sep 202437426769.612.36$26,665
Aug 202454044575.632.06$41,759
Jul 2024519079.932.15$41,484
Jun 2024887078.082.63$69,257
May 2024728078.812.20$57,374
Apr 2024364084.451.66$30,740
Mar 2024355080.301.55$28,507
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20233078.122.24$234
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 2020124036.972.48$4,584
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
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 2019104059.012.30$6,137
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 201901056.272.46$25
Jun 20190052.782.49$0
May 20190958.482.74$25
Apr 201918349262.632.75$12,815
Mar 201918449856.803.06$11,976
Feb 201918339850.852.79$10,417
Jan 201917766646.033.23$10,297
Dec 2018184046.594.19$8,573
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20183141559.543.11$18,742
Aug 2018052659.403.07$1,613
Jul 201834734765.142.93$23,621
Jun 201817735960.183.08$11,756
May 201834238765.382.90$23,483
Apr 2018177063.842.90$11,300
Mar 201818341961.222.79$12,371
Feb 201835353661.782.77$23,291
Jan 2018092262.874.01$3,697
Dec 201754519257.272.92$31,773
Nov 2017027955.423.12$870
Oct 201733144849.292.98$17,652
Sep 201717756247.523.09$10,146
Aug 201736259645.373.00$18,215
Jul 201717452043.873.09$9,239
Jun 201733745942.493.09$15,736
May 2017049545.373.26$1,615
Apr 201733550047.933.21$17,662
Mar 201716945546.772.98$9,262
Feb 201718532450.452.95$10,290
Jan 201735024349.413.42$18,124
Dec 201617241248.763.72$9,921
Nov 201635053542.492.64$16,286
Oct 201618852846.193.09$10,315
Sep 201635849241.553.10$16,400
Aug 201616758941.442.92$8,643
Jul 201634634741.622.92$15,415
Jun 201616938545.352.69$8,698
May 201617238342.521.99$8,076
Apr 201635335636.561.99$13,614
Mar 201616939333.011.79$6,284
Feb 201635529326.472.06$10,001
Jan 201634134127.352.36$10,133
Dec 201517938232.362.00$6,557
Nov 201535646338.792.17$14,813
Oct 201517950143.552.43$9,011
Sep 201518952142.992.76$9,562
Aug 201537755540.162.87$16,735
Jul 201517065548.152.95$10,115
Jun 201535765856.152.88$21,942
May 201517865955.212.96$11,775
Apr 201535366849.822.71$19,394
Mar 201551373142.892.93$24,148
Feb 201535963144.662.98$17,911
Jan 201518667543.433.10$10,171
Dec 201418757954.693.59$12,306
Nov 201419148770.464.25$15,529
Oct 201437053778.303.90$31,066
Sep 201418469186.164.05$18,649
Aug 201436227689.394.04$33,473
Jul 201418853796.564.18$20,398
Jun 201451054298.164.74$52,629
May 201433054294.734.73$33,823
Apr 201417950995.944.81$19,621
Mar 201448046995.895.06$48,399
Feb 201417244397.406.19$19,496
Jan 201434744490.404.86$33,527
Dec 201350643691.824.35$48,359
Nov 201334945288.853.74$32,698
Oct 201333442597.423.78$34,145
Sep 2013173423104.113.72$19,584
Aug 2013499363104.253.52$53,299
Jul 2013340299102.523.72$35,968
Jun 201350434594.403.93$48,935
May 201350630894.834.15$49,262
Apr 201316938593.964.28$17,528
Mar 201350745093.623.91$49,226
Feb 201316639091.233.42$16,478
Jan 201349550491.603.42$47,066
Dec 201233344386.773.42$30,410
Nov 201231949886.953.62$29,542
Oct 201248147989.383.40$44,620
Sep 201233831694.672.92$32,921
Aug 201251147592.662.91$48,731
Jul 201232651985.133.02$29,320
Jun 201233240979.822.52$27,531
May 201233348891.612.49$31,720
Apr 2012547486101.652.00$56,573
Mar 2012508453105.052.22$54,372
Feb 2012174462101.102.57$18,779
Jan 201250846898.092.73$51,109
Dec 201135051396.873.24$35,566
Nov 201150558095.723.31$50,259
Oct 201148661384.983.65$43,537
Sep 201132852083.623.99$29,500
Aug 201148656083.404.15$42,856
Jul 201150051694.144.52$49,401
Jun 201133052792.904.64$33,102
May 201167563098.134.40$69,013
Apr 2011340571105.964.33$38,501
Mar 201134541896.364.06$34,940
Feb 201136060185.644.18$33,343
Jan 201152866086.504.59$48,701
Dec 201035663585.734.35$33,281
Nov 201050852280.843.80$43,048
Oct 201048450678.103.51$39,576
Sep 201066437972.633.98$49,735
Aug 201017634673.684.42$14,497
Jul 201081936972.554.74$61,166
Jun 201034440770.364.91$26,202
May 201050939871.124.24$37,886
Apr 201065236881.694.12$54,779
Mar 201064746878.394.39$52,772
Feb 201033417373.585.44$25,517
Jan 201085836874.365.96$65,996
Dec 200949637271.445.48$37,474
Nov 200953334274.593.75$41,039
Oct 200951835872.544.11$39,047
Sep 200968444565.543.06$46,193
Aug 200950637067.423.22$35,305
Jul 200951837261.133.46$32,954
Jun 200984519966.163.90$56,680
May 200969045354.743.93$39,549
Apr 200952331146.773.59$25,576
Mar 200952333942.144.06$23,415
Feb 20091,02534732.814.63$35,238
Jan 200955039535.865.37$21,845
Dec 20081,04436537.105.98$40,914
Nov 200882830055.496.86$48,004
Oct 20081,02233575.246.92$79,214
Sep 20081,032516101.767.88$109,081
Aug 2008684276114.228.48$80,468
Jul 2008170251131.0811.39$25,142
Jun 2008861366131.3313.03$117,845
May 2008515386123.1711.57$67,900
Apr 2008515357110.3110.45$60,542
Mar 2008502430101.909.66$55,309
Feb 200850542792.538.77$50,473
Jan 200835245190.388.21$35,515
Dec 200766350288.337.30$62,228
Nov 200751543091.677.29$50,345
Oct 200767645282.856.92$59,135
Sep 200734645975.846.24$29,107
Aug 200751046169.066.39$38,165
Jul 200770048570.906.39$52,728
Jun 200759352462.007.55$40,721
May 200740155558.747.85$27,909
Apr 200755654859.617.81$37,420
Mar 200754151156.927.30$34,525
Feb 200756048655.108.22$34,849
Jan 200754662450.306.73$31,661
Dec 200687946356.656.92$52,999
Nov 200654061954.207.62$33,983
Oct 200654046254.906.01$32,424
Sep 200656520660.085.04$34,983
Aug 200618758468.717.34$17,135
Jul 200689060169.376.34$65,551
Jun 20063687866.286.38$24,889
May 200654764966.016.42$40,277
Apr 200656961364.397.36$41,150
Mar 200655658056.707.08$35,633
Feb 200675450057.597.75$47,298
Jan 200674060760.598.93$50,259
Dec 200554158154.9413.42$37,517
Nov 200575456654.6910.59$47,229
Oct 200574572458.3413.80$53,451
Sep 200555964561.4512.08$42,142
Aug 200575777761.519.80$54,175
Jul 200575171155.697.84$47,400
Jun 200574487552.337.38$45,392
May 200566855945.226.65$33,925
Apr 200575359749.207.36$41,442
Mar 200588048850.377.15$47,817
Feb 200551742945.226.31$26,087
Jan 200590157743.166.32$42,535
Dec 200474461039.866.75$33,774
Nov 200491574945.286.33$46,173
Oct 200453471149.706.52$31,172
Sep 200491274743.245.28$43,382
Aug 200490174542.375.55$42,311
Jul 200490283938.286.08$39,633
Jun 200471275236.106.43$30,541
May 200488973937.486.49$38,119
Apr 200491388234.475.86$36,638
Mar 20041,09959934.365.53$41,074
Feb 200491575332.455.51$33,840
Jan 20049411,13332.036.30$37,278
Dec 20031,0581,06630.266.30$38,733
Nov 200373290228.804.60$25,226
Oct 20031,0911,02328.174.76$35,603
Sep 200391765326.314.75$27,228
Aug 200375462129.765.13$25,625
Jul 20031,2721,17629.415.17$43,490
Jun 20031,0891,08428.565.98$37,587
May 20031,071026.595.97$28,478
Apr 20031,0741,25326.675.41$35,419
Mar 20031,4271,40031.146.10$52,971
Feb 20031,0661,28533.487.93$45,874
Jan 20031,2641,17030.315.58$44,843
Dec 20021,4171,05726.914.85$43,262
Nov 20021,08888924.664.14$30,508
Oct 20021,417026.464.23$37,494
Sep 20021,2211,02827.443.64$37,241
Aug 20021,06355525.963.16$29,352
Jul 20021,3471,03924.583.06$36,290
Jun 20021,4121,33423.733.34$37,960
May 20021,5031,11524.663.58$41,060
Apr 20021,54884423.653.51$39,575
Mar 20021,36194622.003.10$32,877
Feb 20021,69271518.222.38$32,527
Jan 20021,65478017.172.38$30,252
Dec 20011,58741616.932.36$27,852
Nov 20011,39171418.072.41$26,853
Oct 20011,58272019.782.53$33,113
Sep 20011,7701,50324.262.25$46,324
Aug 20012,10375624.873.05$54,610
Jul 20011,9261,24323.933.20$50,063
Jun 20011,5201,20924.563.82$41,955
May 20011,93561225.524.31$52,017
Apr 20012,0951,06524.685.34$57,387
Mar 20012,03888824.545.38$54,787
Feb 20012,25591627.755.77$67,859
Jan 20011,69438227.478.40$49,743
Dec 20002,0751,37026.889.12$68,274
Nov 20002,40696132.215.66$82,935
Oct 20002,6331,46431.235.15$89,762
Sep 20002,7231,42631.875.19$94,178
Aug 20002,7541,56829.644.54$88,748
Jul 20003,0881,55428.534.09$94,456
Jun 20002,9931,74229.304.40$95,355
May 20003,8852,18027.263.68$113,927
Apr 20003,5591,92024.513.12$93,214
Mar 20004,0872,00128.422.86$121,875
Feb 20004,1911,67027.622.73$120,309
Jan 20005,0021,69525.272.48$130,605
Dec 19995,3781,58424.282.42$134,417
Nov 19995,1121,84023.192.43$123,026
Oct 19994,7981,82320.982.80$105,773
Sep 19993,1511,13321.752.62$71,501
Aug 19992,10364519.262.88$42,359
Jul 19992,2801,37917.892.37$44,061
Jun 19992,4331,43115.942.36$42,162
May 19993,5281,33015.792.32$58,794
Apr 19991,91286215.102.21$30,775
Mar 19992,09258312.471.84$27,159
Feb 19991,2545359.981.82$13,487
Jan 19992,84377810.381.90$30,989
Dec 19988974099.201.77$8,978
Nov 19983,0421,44910.892.19$36,294
Oct 19983,0421,29312.421.97$40,328
Sep 19982,6631,17012.592.08$35,964
Aug 19983,22885311.301.91$38,103
Jul 19983,06789711.742.24$38,013
Jun 19983,2041,42411.242.24$39,199
May 19983,4831,50912.622.21$47,285
Apr 19983,8871,46213.042.51$54,349
Mar 19983,8611,19812.802.31$52,188
Feb 19983,8521,47713.952.30$57,131
Jan 19984,4641,52514.702.15$68,907
Dec 19975,0181,39716.322.41$85,262
Nov 19975,5141,81018.193.09$105,889
Oct 19975,5162,16419.253.15$112,999
Sep 19975,2951,92717.742.95$99,627
Aug 19976,4061,87217.862.55$119,194
Jul 19976,0522,26417.582.25$111,481
Jun 19977,0872,02317.242.26$126,746
May 19976,93841418.972.31$132,570
Apr 19978,1621,29517.882.08$148,634
Mar 19979,6821,40018.951.94$186,189
Feb 19979,8311,75420.492.21$205,306
Jan 199713,7172,13323.483.54$329,625
Dec 199613,2642,41023.32$309,316
Nov 199613,7332,32021.97$301,714
Oct 19962,9581,71023.31$68,951
Sep 19964,5661,20022.22$101,457
Aug 19964,69860020.26$95,181
Jul 19963,65340019.55$71,416
Jun 19964,8891,50018.73$91,571
May 19965,7821,08019.43$112,344
Apr 19965,4621,14021.51$117,488
Mar 19966,17788019.38$119,710
Feb 19966,53964016.98$111,032
Jan 19967,9501,10017.07$135,707
Dec 199510,9792,37017.19$188,729
Nov 19953,6401,16016.00$58,240

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
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas        46 Mcf  × $  3.05 =       $140

────────────────────────────────────────────────────
Month total                                     $140

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/22903 is the state's own key, not one this site invented.