MERCHANT, A. "A"

Operated by TEXANA OPERATING COMPANY (P-5 844253) in the HULL field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2327District 03Field 43381001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$8.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
401
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 other leases, and the rule below applies to all of them.

Discovered
1918-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
0 ft
minimum

A drilling unit in this field needs at least 0 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: THIS IS A PIERCEMENT TYPE SALT DOME.

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
OilDisposition224,649 bbl$8,177,095
Casinghead gasProduction62,725 Mcf$49,575
Total$8,226,670

46,581 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 (10)

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 30.1365, -94.6456. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

30.13755, -94.64490 · 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
50.0%
5 of 10 wells
With a plug date
20.0%
2 of 10 wells
Median depth
9,017 ft
5 wells filed one
Completion to plug
25.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
550.0%
A plug date is filed
220.0%
BothOn the schedule and plugged. Neither fact cancels the other.
220.0%
NeitherNo plug date, and not on the schedule.
550.0%

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

Total depth in feet, 5 of 10 wells. Median 9,017 ft, with the middle half between 8,600 and 9,302 ft; the shallowest is 7,966 ft and the deepest 9,782 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 3 of 10 wells, Jun 1987 – Aug 1991. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 1987 – Aug 1991
3 of 10 wells; 7 filed none
Plug dates filed
Jul 1979 – Apr 2013
2 of 10 wells; 8 filed none

Last completion to plug: a median of 25.8 years across the 1 well that filed both dates, with the middle half between 25.8 years and 25.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

10 wells

42-291018345Yes
42-2910186715Yes
42-29130314199,302 ftJul 1979Yes
42-291018301 U
42-291018312 L7,966 ft
42-291018323
42-2910185312 U
42-2913211919,782 ftAug 1991
42-2910183349,017 ftMar 1989Yes
42-2910183678,600 ftJun 1987Apr 2013Yes

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202527058.593.93$1,582
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024115078.812.20$9,063
Apr 20240084.451.66$0
Mar 20240080.301.55$0
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 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022174076.415.73$13,295
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022181084.888.16$15,363
Aug 20220094.529.13$0
Jul 20221630101.587.54$16,558
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 2021169061.302.72$10,360
Feb 20210057.805.55$0
Jan 2021164050.412.81$8,267
Dec 2020181044.642.68$8,080
Nov 2020172038.772.71$6,668
Oct 20200036.972.48$0
Sep 2020173037.091.99$6,417
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020184014.751.80$2,714
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 2019188055.302.75$10,396
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 2019193056.272.46$10,860
Jun 20190052.782.49$0
May 2019158058.482.74$9,240
Apr 20190062.632.75$0
Mar 2019185056.803.06$10,508
Feb 20190050.852.79$0
Jan 2019186046.033.23$8,562
Dec 2018353046.594.19$16,446
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018185059.543.11$11,015
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018170063.842.90$10,853
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 2017192057.272.92$10,996
Nov 20171055.423.12$55
Oct 20170049.292.98$0
Sep 2017180047.523.09$8,554
Aug 20172045.373.00$91
Jul 2017187043.873.09$8,204
Jun 2017175042.493.09$7,436
May 2017183045.373.26$8,303
Apr 2017179047.933.21$8,579
Mar 2017178046.772.98$8,325
Feb 2017188050.452.95$9,485
Jan 20170049.413.42$0
Dec 2016176048.763.72$8,582
Nov 20160042.492.64$0
Oct 2016344046.193.09$15,889
Sep 2016364041.553.10$15,124
Aug 2016355041.442.92$14,711
Jul 2016179041.622.92$7,450
Jun 2016175045.352.69$7,936
May 2016360042.521.99$15,307
Apr 2016184036.561.99$6,727
Mar 2016361033.011.79$11,917
Feb 2016186026.472.06$4,923
Jan 2016346027.352.36$9,463
Dec 2015412032.362.00$13,332
Nov 2015187038.792.17$7,254
Oct 2015367043.552.43$15,983
Sep 2015366042.992.76$15,734
Aug 2015185040.162.87$7,430
Jul 2015373048.152.95$17,960
Jun 2015338056.152.88$18,979
May 2015366055.212.96$20,207
Apr 2015355049.822.71$17,686
Mar 2015375042.892.93$16,084
Feb 2015211044.662.98$9,423
Jan 2015362043.433.10$15,722
Dec 2014552054.693.59$30,189
Nov 2014532070.464.25$37,485
Oct 2014343078.303.90$26,857
Sep 2014346086.164.05$29,811
Aug 2014169089.394.04$15,107
Jul 2014371096.564.18$35,824
Jun 2014561098.164.74$55,068
May 2014362094.734.73$34,292
Apr 2014552095.944.81$52,959
Mar 2014352095.895.06$33,753
Feb 2014373097.406.19$36,330
Jan 2014380090.404.86$34,352
Dec 2013572091.824.35$52,521
Nov 2013377088.853.74$33,496
Oct 2013541097.423.78$52,704
Sep 201300104.113.72$0
Aug 20135330104.253.52$55,565
Jul 20135530102.523.72$56,694
Jun 2013376094.403.93$35,494
May 2013919094.834.15$87,149
Apr 2013555093.964.28$52,148
Mar 20130093.623.91$0
Feb 2013721091.233.42$65,777
Jan 2013366091.603.42$33,526
Dec 2012361086.773.42$31,324
Nov 2012372086.953.62$32,345
Oct 2012534089.383.40$47,729
Sep 2012358094.672.92$33,892
Aug 2012560092.662.91$51,890
Jul 2012554085.133.02$47,162
Jun 2012365079.822.52$29,134
May 2012187091.612.49$17,131
Apr 20123770101.652.00$38,322
Mar 20123780105.052.22$39,709
Feb 20123740101.102.57$37,811
Jan 2012557098.092.73$54,636
Dec 2011364096.873.24$35,261
Nov 2011558095.723.31$53,412
Oct 2011552084.983.65$46,909
Sep 2011386083.623.99$32,277
Aug 2011185783.404.15$15,458
Jul 2011513994.144.52$48,334
Jun 20111,1261092.904.64$104,652
May 201101198.134.40$48
Apr 20113608105.964.33$38,180
Mar 20117581096.364.06$73,081
Feb 20115921085.644.18$50,741
Jan 20115921286.504.59$51,263
Dec 20101751185.734.35$15,051
Nov 20109611180.843.80$77,729
Oct 201001278.103.51$42
Sep 20105741172.633.98$41,733
Aug 20109551173.684.42$70,413
Jul 20101901072.554.74$13,832
Jun 20109331070.364.91$65,695
May 201001071.124.24$42
Apr 2010732881.694.12$59,830
Mar 2010553678.394.39$43,376
Feb 20100973.585.44$49
Jan 20107271074.365.96$54,119
Dec 20091881271.445.48$13,497
Nov 20095501174.593.75$41,066
Oct 20095181272.544.11$37,625
Sep 20095581265.543.06$36,608
Aug 20097291267.423.22$49,188
Jul 20095441261.133.46$33,296
Jun 2009515966.163.90$34,107
May 20095501154.743.93$30,150
Apr 20095531046.773.59$25,900
Mar 20095581142.144.06$23,559
Feb 2009372832.814.63$12,242
Jan 20095451035.865.37$19,597
Dec 20085441137.105.98$20,248
Nov 20085551055.496.86$30,866
Oct 20085391075.246.92$40,624
Sep 20081893101.767.88$19,256
Aug 200856111114.228.48$64,171
Jul 200836710131.0811.39$48,220
Jun 20081782131.3313.03$23,403
May 200856011123.1711.57$69,103
Apr 200856212110.3110.45$62,120
Mar 200855012101.909.66$56,161
Feb 2008374992.538.77$34,685
Jan 20087191390.388.21$65,090
Dec 20077311488.337.30$64,671
Nov 20075591591.677.29$51,353
Oct 20078621682.856.92$71,527
Sep 20073751075.846.24$28,502
Aug 20075561269.066.39$38,474
Jul 2007371870.906.39$26,355
Jun 20075561362.007.55$34,570
May 20071,1021258.747.85$64,826
Apr 2007189059.617.81$11,266
Mar 2007932056.927.30$53,049
Feb 20075721355.108.22$31,624
Jan 20073811450.306.73$19,258
Dec 20065641356.656.92$32,041
Nov 20067601354.207.62$41,291
Oct 20065561254.906.01$30,597
Sep 2006372860.085.04$22,390
Aug 20065591468.717.34$38,512
Jul 20069291469.376.34$64,534
Jun 20063671466.286.38$24,414
May 20069141866.016.42$60,449
Apr 20065581564.397.36$36,040
Mar 2006548556.707.08$31,107
Feb 20067231257.597.75$41,731
Jan 20060760.598.93$63
Dec 20055501454.9413.42$30,405
Nov 2005378654.6910.59$20,736
Oct 20055561358.3413.80$32,616
Sep 2005372061.4512.08$22,859
Aug 20057251061.519.80$44,693
Jul 20055511255.697.84$30,779
Jun 20057281352.337.38$38,192
May 20055291445.226.65$24,015
Apr 20056731449.207.36$33,215
Mar 20059161450.377.15$46,239
Feb 20053661345.226.31$16,633
Jan 20056431543.166.32$27,847
Dec 2004366839.866.75$14,643
Nov 20047101445.286.33$32,237
Oct 20046611449.706.52$32,943
Sep 20046451443.245.28$27,964
Aug 20047271542.375.55$30,886
Jul 20047311538.286.08$28,074
Jun 20045541136.106.43$20,070
May 20047261637.486.49$27,314
Apr 20045571434.475.86$19,282
Mar 20048981634.365.53$30,944
Feb 20045581532.455.51$18,190
Jan 20047381632.036.30$23,739
Dec 20037311630.266.30$22,221
Nov 20037331628.804.60$21,184
Oct 20037371628.174.76$20,837
Sep 20037271526.314.75$19,199
Aug 20035541629.765.13$16,569
Jul 20037331529.415.17$21,635
Jun 20039251528.565.98$26,508
May 20035481526.595.97$14,661
Apr 20037241626.675.41$19,396
Mar 20039352531.146.10$29,268
Feb 20035601833.487.93$18,891
Jan 20035441530.315.58$16,572
Dec 20025641826.914.85$15,265
Nov 20027392224.664.14$18,315
Oct 20028922526.464.23$23,708
Sep 20029072127.443.64$24,964
Aug 20025512325.963.16$14,377
Jul 20021,0702324.583.06$26,371
Jun 20025532723.733.34$13,213
May 20029283124.663.58$22,996
Apr 20027154023.653.51$17,050
Mar 20028931522.003.10$19,693
Feb 20027292418.222.38$13,339
Jan 20021,0681517.172.38$18,373
Dec 20019191516.932.36$15,594
Nov 20019211518.072.41$16,679
Oct 20011,072619.782.53$21,219
Sep 20011,4341524.262.25$34,823
Aug 20013501024.873.05$8,735
Jul 20018971523.933.20$21,513
Jun 20011,0751524.563.82$26,459
May 20011,0773025.524.31$27,614
Apr 20011,098524.685.34$27,125
Mar 20011,2749024.545.38$31,748
Feb 20011,2513927.755.77$34,940
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20009911432.215.66$3,834
Oct 200092030731.235.15$30,311
Sep 200090433331.875.19$30,538
Aug 20001,09431829.644.54$33,870
Jul 200017814328.534.09$5,663
Jun 200073537529.304.40$23,184
May 20001,26161327.263.68$36,631
Apr 20001,10951324.513.12$28,780
Mar 200072953428.422.86$22,245
Feb 20001,10969227.622.73$32,517
Jan 200074939925.272.48$19,917
Dec 19991,11164324.282.42$28,534
Nov 199955451323.192.43$14,096
Oct 19991,06478920.982.80$24,535
Sep 19991,04275221.752.62$24,633
Aug 199994366719.262.88$20,080
Jul 199970021017.892.37$13,021
Jun 199992633815.942.36$15,559
May 19991,09637615.792.32$18,179
Apr 199989437015.102.21$14,316
Mar 19991,10243112.471.84$14,534
Feb 19997043689.981.82$7,695
Jan 19991,10521910.381.90$11,886
Dec 1998909359.201.77$8,425
Nov 199884612110.892.19$9,477
Oct 19981,11115512.421.97$14,104
Sep 199890020412.592.08$11,756
Aug 19981,25724811.301.91$14,677
Jul 19981,25724811.742.24$15,312
Jun 199891024211.242.24$10,770
May 19981,10015712.622.21$14,228
Apr 19989322013.042.51$12,203
Mar 19981,1153012.802.31$14,341
Feb 19981,1104513.952.30$15,588
Jan 19981,10925914.702.15$16,860
Dec 19971,09124416.322.41$18,393
Nov 19971,28326918.193.09$24,169
Oct 19971,63125919.253.15$32,213
Sep 199773716217.742.95$13,553
Aug 19971,13416617.862.55$20,677
Jul 19971,09618617.582.25$19,686
Jun 19971,25734217.242.26$22,443
May 19971,28936318.972.31$25,290
Apr 19971,47738717.882.08$27,215
Mar 19971,47522418.951.94$28,386
Feb 1997379620.492.21$7,779
Jan 19971,093023.483.54$25,664
Dec 19961,00126123.32$23,343
Nov 199693060921.97$20,432
Oct 19961,07058023.31$24,942
Sep 199690353022.22$20,065
Aug 19961,27987220.26$25,913
Jul 19961,0841,01319.55$21,192
Jun 19961,1121,06918.73$20,828
May 19961,2631,15219.43$24,540
Apr 19961,4521,04921.51$31,233
Mar 199693173819.38$18,043
Feb 19961,27051216.98$21,565
Jan 19961,2781,13317.07$21,815
Dec 19951,2821,03117.19$22,038
Nov 19959091,22116.00$14,544
Oct 19951,2401,20415.43$19,133
Sep 19951,3131,19616.18$21,244
Aug 19951,4751,80315.92$23,482
Jul 19951,0811,59615.24$16,474
Jun 19951,4301,04216.41$23,466
May 19951,47493517.56$25,883
Apr 19951,5091,28517.73$26,755
Mar 19951,8631,13416.44$30,628
Feb 19951,44186316.58$23,892
Jan 19951,26097815.92$20,059
Dec 19941,42898215.03$21,463
Nov 19941,40994915.90$22,403
Oct 19941,4231,12315.58$22,170
Sep 19941,38289415.29$21,131
Aug 19941,58696616.13$25,582
Jul 19941,38786417.56$24,356
Jun 19941,6071,05817.09$27,464
May 19941,2351,00215.88$19,612
Apr 19941,4121,12914.14$19,966
Mar 19941,7801,16212.46$22,179
Feb 19941,40675612.50$17,575
Jan 19941,58985612.66$20,117
Dec 19931,78283412.33$21,972
Nov 19931,42170714.49$20,590
Oct 19931,6141,14715.85$25,582
Sep 19931,9261,45215.03$28,948
Aug 19931,75821915.66$27,530
Jul 19931,5921,02115.46$24,612
Jun 19932,1781,00316.79$36,569
May 19931,6171,09217.68$28,589
Apr 19931,80684518.05$32,598
Mar 19931,9941,00218.14$36,171
Feb 19931,82695117.90$32,685
Jan 19931,93376116.93$32,726

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.

Nov 2025 — as filed, then multipliedworked
Oil                   27 bbl  × $ 58.59 =     $1,582
Casinghead gas         0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                   $1,582

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/2327 is the state's own key, not one this site invented.