MERCHANT, A. -D-

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.

Oil lease lease 24875District 03Field 60558200OilCasinghead gasSaveExport
Value, all time
$14.5 M
Aug 2006 – May 2026
Value, last 12 filed months
$762 k
at the published price for each month
Months reported
238
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 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
OilDisposition194,949 bbl$14,085,140
Casinghead gasProduction94,901 Mcf$417,156
Total$14,502,296

Wells on this lease (7)

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 30.1369, -94.6510. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

30.13723, -94.65104 · 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 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
9,215 ft
7 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.
7100.0%

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

Between 8,694 and 9,900 ft, median 9,215 ft, over the 7 wells that filed a depth.

Completions filed
Jun 1969 – Oct 2020
7 of 7 wells

7 wells

42-2910184449,250 ftOct 2020
42-2910186899,086 ftDec 2010
42-2910184917 T9,450 ftAug 2010
42-2910185529,215 ftJun 2005
42-29101858119,072 ftMar 1990
42-29101857108,694 ftNov 1975
42-29101850199,900 ftJun 1969

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 (238)

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

238 months

May 2026904239106.413.05$96,923
Apr 202669013198.932.87$68,638
Mar 202690123989.753.15$81,617
Feb 202670821663.503.75$45,768
Jan 202694023159.138.00$57,430
Dec 202586323956.664.41$49,952
Nov 20251,02223158.593.93$60,786
Oct 202567216259.383.30$40,439
Sep 202585823162.743.08$54,542
Aug 202586523963.933.01$56,020
Jul 20251,20123966.743.32$80,947
Jun 20251,02623166.483.13$68,931
May 20253256960.553.23$19,902
Apr 202585023162.363.54$53,824
Mar 202586823967.704.27$59,784
Feb 202589221670.884.34$64,163
Jan 202572122374.324.28$54,539
Dec 202483923168.993.12$58,604
Nov 202466223169.052.20$46,219
Oct 202483823971.372.28$60,353
Sep 202466823169.612.36$47,046
Aug 20241,00123975.632.06$76,199
Jul 202483820879.932.15$67,428
Jun 202482623178.082.63$65,103
May 202483623978.812.20$66,411
Apr 202482622884.451.66$70,134
Mar 20241,00323980.301.55$80,910
Feb 20241,01922376.091.78$77,933
Jan 202467223973.023.30$49,858
Dec 20231,00423971.262.61$72,169
Nov 202367823177.892.81$53,458
Oct 202367723985.443.09$58,581
Sep 20231,01323189.042.74$90,829
Aug 20231,02123980.522.67$82,850
Jul 202367123974.852.64$50,856
Jun 20231,03623168.962.26$71,964
May 202387223970.622.23$62,113
Apr 202370420878.122.24$55,462
Mar 202387423972.852.39$64,243
Feb 202369721675.112.47$52,884
Jan 20231,01423976.533.39$78,411
Dec 20221,05123976.415.73$81,676
Nov 202286123185.005.65$74,489
Oct 202265722387.185.86$58,585
Sep 202250721684.888.16$44,798
Aug 202285123994.529.13$82,618
Jul 2022812239101.587.54$84,286
Jun 2022476200115.097.98$56,378
May 20221,107239109.378.43$123,088
Apr 2022655231104.226.84$69,844
Mar 20221,099231108.885.08$120,832
Feb 202263320891.054.86$58,645
Jan 202282018581.844.54$67,948
Dec 202193323971.323.90$67,473
Nov 202180723177.435.24$63,696
Oct 202195023979.795.71$77,166
Sep 202187823169.865.35$62,573
Aug 20211,01323966.024.22$67,887
Jul 20211,33123970.783.98$95,160
Jun 202117918569.493.38$13,064
May 202131222363.483.02$20,479
Apr 202165023160.362.76$39,871
Mar 202182023961.302.72$50,915
Feb 202148519257.805.55$29,098
Jan 202164823950.412.81$33,337
Dec 202081523944.642.68$37,021
Nov 202096023138.772.71$37,844
Oct 202048723936.972.48$18,597
Sep 202080923137.091.99$30,466
Aug 202079523939.982.39$32,354
Jul 20201,28323938.371.83$49,665
Jun 202047823134.901.69$17,073
May 2020023916.921.81$434
Apr 202068323114.751.80$10,491
Mar 202067923930.341.86$21,045
Feb 202070722349.881.98$35,707
Jan 202070123957.252.09$40,633
Dec 201983823959.012.30$50,001
Nov 201968223155.302.75$38,350
Oct 201988723953.472.42$48,006
Sep 201965620055.052.66$36,644
Aug 201984523953.112.30$45,429
Jul 201950623956.272.46$29,061
Jun 201981923152.782.49$43,802
May 201967923958.482.74$40,363
Apr 201967723162.632.75$43,036
Mar 201968623956.803.06$39,697
Feb 201969421650.852.79$35,893
Jan 201971023946.033.23$33,453
Dec 201887123946.594.19$41,580
Nov 201868723152.934.24$37,342
Oct 201850322361.443.40$31,662
Sep 201868723159.543.11$41,622
Aug 201865623959.403.07$39,699
Jul 20181,00223965.142.93$65,971
Jun 201851123160.183.08$31,463
May 201866623965.382.90$44,236
Apr 201882323163.842.90$53,210
Mar 201847821661.222.79$29,865
Feb 201876721661.782.77$47,983
Jan 201845716962.874.01$29,409
Dec 20171,02223157.272.92$59,205
Nov 201735216255.423.12$20,013
Oct 201778123949.292.98$39,209
Sep 201776719247.523.09$37,041
Aug 201735420845.373.00$16,686
Jul 201766325043.873.09$29,858
Jun 201770923842.493.09$30,860
May 201776625745.373.26$35,592
Apr 201751721347.933.21$25,464
Mar 201765725346.772.98$31,483
Feb 201774521950.452.95$38,232
Jan 201773326049.413.42$37,106
Dec 201665024648.763.72$32,610
Nov 201677424542.492.64$33,535
Oct 201676919946.193.09$36,135
Sep 201652023141.553.10$22,322
Aug 201686323941.442.92$36,462
Jul 201670523941.622.92$30,041
Jun 201672818545.352.69$33,512
May 201618710042.521.99$8,150
Apr 201671525136.561.99$26,640
Mar 201656627733.011.79$19,181
Feb 201690527726.472.06$24,527
Jan 201619420727.352.36$5,795
Dec 201596034132.362.00$31,748
Nov 201514528638.792.17$6,244
Oct 201576831843.552.43$34,218
Sep 201557537942.992.76$25,765
Aug 201557031540.162.87$23,796
Jul 201576524648.152.95$37,559
Jun 201576623156.152.88$43,677
May 201557623955.212.96$32,507
Apr 201595944549.822.71$48,982
Mar 201558058442.892.93$26,590
Feb 201596941744.662.98$44,517
Jan 201557939843.433.10$26,380
Dec 201477237254.693.59$43,557
Nov 201477636070.464.25$56,208
Oct 201476932178.303.90$61,465
Sep 201475530086.164.05$66,264
Aug 201476739789.394.04$70,164
Jul 201495742396.564.18$94,176
Jun 201476731098.164.74$76,757
May 201457730194.734.73$56,082
Apr 201477151195.944.81$76,427
Mar 201458043995.895.06$57,836
Feb 201477452897.406.19$78,657
Jan 201477671190.404.86$73,606
Dec 201377575691.824.35$74,452
Nov 201376267888.853.74$70,238
Oct 201376765497.423.78$77,193
Sep 2013768603104.113.72$82,198
Aug 2013766497104.253.52$81,606
Jul 2013573385102.523.72$60,175
Jun 201376758694.403.93$74,710
May 201376969094.834.15$75,787
Apr 201377357093.964.28$75,072
Mar 201377241193.623.91$73,883
Feb 201357733091.233.42$53,768
Jan 201390829291.603.42$84,171
Dec 201278750086.773.42$69,998
Nov 201297665286.953.62$87,227
Oct 201258254589.383.40$53,872
Sep 201280857294.672.92$78,163
Aug 201289654292.662.91$84,600
Jul 20121,15577485.133.02$100,663
Jun 201277563879.822.52$63,468
May 201298089291.612.49$91,997
Apr 2012779665101.652.00$80,513
Mar 20121,172797105.052.22$124,890
Feb 20121,172798101.102.57$120,540
Jan 20121,17274498.092.73$116,996
Dec 20111,17252596.873.24$115,233
Nov 20111,17249595.723.31$113,823
Oct 20111,17253884.983.65$101,559
Sep 20111,36354183.623.99$116,130
Aug 20111,35363283.404.15$115,463
Jul 20111,73560694.144.52$166,070
Jun 20111,35655092.904.64$128,524
May 201192749298.134.40$93,134
Apr 20111,227495105.964.33$132,158
Mar 20111,64884296.364.06$162,218
Feb 20111,34492085.644.18$118,946
Jan 20111,4591,18886.504.59$131,655
Dec 201072291385.734.35$65,867
Nov 201035788480.843.80$32,215
Oct 201018171078.103.51$16,627
Sep 201072097372.633.98$56,166
Aug 20101,0761,55073.684.42$86,130
Jul 20101,2611,62272.554.74$99,168
Jun 20107221,14770.364.91$56,432
May 20108291,72971.124.24$66,281
Apr 201072194781.694.12$62,803
Mar 20101,37279678.394.39$111,044
Feb 20101,03572573.585.44$80,101
Jan 20101,33677674.365.96$103,973
Dec 200962759171.445.48$48,034
Nov 20091,07879574.593.75$83,390
Oct 20091,25572872.544.11$94,030
Sep 200938042365.543.06$26,202
Aug 200934142567.423.22$24,358
Jul 200955540561.133.46$35,330
Jun 200968037666.163.90$46,453
May 200984440954.743.93$47,806
Apr 200974237646.773.59$36,052
Mar 20091,17252442.144.06$51,515
Feb 200956334232.814.63$20,057
Jan 200997442935.865.37$37,232
Dec 20081,04645837.105.98$41,544
Nov 20081,30046855.496.86$75,348
Oct 200842162375.246.92$35,988
Sep 2008241133101.767.88$25,572
Aug 2008912421114.228.48$107,740
Jul 20081,168526131.0811.39$159,092
Jun 2008942537131.3313.03$130,711
May 20081,016456123.1711.57$130,419
Apr 20081,138439110.3110.45$130,122
Mar 20081,009305101.909.66$105,765
Feb 200886641792.538.77$83,788
Jan 20081,27651990.388.21$119,584
Dec 20071,11742988.337.30$101,797
Nov 200787354091.677.29$83,965
Oct 20071,20157482.856.92$103,476
Sep 20071,10847675.846.24$87,003
Aug 20071,30646169.066.39$93,137
Jul 200793730570.906.39$68,382
Jun 20071,0721,64462.007.55$78,874
May 20071,08596958.747.85$71,336
Apr 200796463059.617.81$62,381
Mar 20071,28265156.927.30$77,725
Feb 20071,04058855.108.22$62,135
Jan 200793165150.306.73$51,208
Dec 200662365156.656.92$39,797
Nov 200654563054.207.62$34,338
Oct 200675165154.906.01$45,145
Sep 20061,02163060.085.04$64,515
Aug 200684765168.717.34$62,976

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                  904 bbl  × $106.41 =    $96,195
Casinghead gas       239 Mcf  × $  3.05 =       $728

────────────────────────────────────────────────────
Month total                                  $96,923

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/24875 is the state's own key, not one this site invented.