MERCHANT, A., -D-

Name: MERCHANT, A., -D- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by QUAIL CREEK OIL CORPORATION (P-5 684517) in the HULL (COOK MOUNTAIN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9205District 03Field 43381110OilCasinghead gasSave Export

Value, all time

$443 k

Jan 1993 – Jul 2008

Value, last 12 filed months

at the published price for each month

Months reported

187

no gaps in the span

Streams

oil, casinghead gas

The HULL (COOK MOUNTAIN) field

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 11 leases and 34 wells, and the rule below applies to all of them.

Discovered

1968-04-01

as the register files it

Field class

Oil and 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: “MERCHANT (CONSOLIDATED) FIELD.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	19,772 bbl	$421,475
Casinghead gas	Production	13,187 Mcf	$21,468
Total			$442,943

8,629 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 (3)

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 30.1359, -94.6518. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

30.13566, -94.65204 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

3 of 3 wells

With a plug date

33.3%

1 of 3 wells

Median depth

9,450 ft

3 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

133.3%

BothOn the schedule and plugged. Neither fact cancels the other.

133.3%

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

Between 9,250 and 9,450 ft, median 9,450 ft, over the 3 wells that filed a depth.

Completions filed

Aug 2010 – Oct 2020

2 of 3 wells; 1 filed none

Plug dates filed

Jun 1978

1 of 3 wells; 2 filed none

3 wells


42-29101856	7	9,450 ft	—	Jun 1978	Yes
42-29101844	4 L	9,250 ft	Oct 2020	—	Yes
42-29101849	17 T	9,450 ft	Aug 2010	—	Yes

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 (187)

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

187 months


Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	31	17	69.37	6.34	$2,258
Jun 2006	87	48	66.28	6.38	$6,073
May 2006	110	56	66.01	6.42	$7,621
Apr 2006	80	41	64.39	7.36	$5,453
Mar 2006	96	72	56.70	7.08	$5,953
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	87	69	60.59	8.93	$5,888
Dec 2005	106	103	54.94	13.42	$7,205
Nov 2005	45	32	54.69	10.59	$2,800
Oct 2005	22	58	58.34	13.80	$2,084
Sep 2005	25	27	61.45	12.08	$1,862
Aug 2005	90	65	61.51	9.80	$6,173
Jul 2005	108	86	55.69	7.84	$6,689
Jun 2005	228	88	52.33	7.38	$12,581
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	35	7	30.26	6.30	$1,103
Nov 2003	251	191	28.80	4.60	$8,106
Oct 2003	117	81	28.17	4.76	$3,681
Sep 2003	72	31	26.31	4.75	$2,042
Aug 2003	214	130	29.76	5.13	$7,036
Jul 2003	219	132	29.41	5.17	$7,123
Jun 2003	308	191	28.56	5.98	$9,939
May 2003	131	78	26.59	5.97	$3,949
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	31	11	31.14	6.10	$1,032
Feb 2003	93	30	33.48	7.93	$3,351
Jan 2003	78	23	30.31	5.58	$2,493
Dec 2002	124	33	26.91	4.85	$3,497
Nov 2002	131	32	24.66	4.14	$3,363
Oct 2002	111	64	26.46	4.23	$3,208
Sep 2002	125	53	27.44	3.64	$3,623
Aug 2002	80	58	25.96	3.16	$2,260
Jul 2002	138	66	24.58	3.06	$3,594
Jun 2002	80	50	23.73	3.34	$2,065
May 2002	118	51	24.66	3.58	$3,093
Apr 2002	105	50	23.65	3.51	$2,659
Mar 2002	101	48	22.00	3.10	$2,371
Feb 2002	95	45	18.22	2.38	$1,838
Jan 2002	138	83	17.17	2.38	$2,567
Dec 2001	165	96	16.93	2.36	$3,020
Nov 2001	149	79	18.07	2.41	$2,882
Oct 2001	162	79	19.78	2.53	$3,404
Sep 2001	132	73	24.26	2.25	$3,367
Aug 2001	360	203	24.87	3.05	$9,573
Jul 2001	443	259	23.93	3.20	$11,429
Jun 2001	267	244	24.56	3.82	$7,491
May 2001	480	232	25.52	4.31	$13,249
Apr 2001	465	306	24.68	5.34	$13,109
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	1	12.42	1.97	$2
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	17	18	11.24	2.24	$231
May 1998	79	30	12.62	2.21	$1,063
Apr 1998	58	27	13.04	2.51	$824
Mar 1998	73	24	12.80	2.31	$990
Feb 1998	37	14	13.95	2.30	$548
Jan 1998	72	22	14.70	2.15	$1,106
Dec 1997	96	42	16.32	2.41	$1,668
Nov 1997	67	37	18.19	3.09	$1,333
Oct 1997	121	44	19.25	3.15	$2,468
Sep 1997	105	47	17.74	2.95	$2,002
Aug 1997	130	55	17.86	2.55	$2,462
Jul 1997	83	38	17.58	2.25	$1,545
Jun 1997	104	39	17.24	2.26	$1,881
May 1997	80	34	18.97	2.31	$1,596
Apr 1997	78	88	17.88	2.08	$1,578
Mar 1997	86	56	18.95	1.94	$1,738
Feb 1997	90	31	20.49	2.21	$1,912
Jan 1997	120	40	23.48	3.54	$2,959
Dec 1996	81	58	23.32	—	$1,889
Nov 1996	116	42	21.97	—	$2,549
Oct 1996	126	61	23.31	—	$2,937
Sep 1996	110	94	22.22	—	$2,444
Aug 1996	118	51	20.26	—	$2,391
Jul 1996	143	51	19.55	—	$2,796
Jun 1996	139	28	18.73	—	$2,603
May 1996	65	32	19.43	—	$1,263
Apr 1996	174	57	21.51	—	$3,743
Mar 1996	230	57	19.38	—	$4,457
Feb 1996	468	125	16.98	—	$7,947
Jan 1996	395	116	17.07	—	$6,743
Dec 1995	155	101	17.19	—	$2,664
Nov 1995	130	78	16.00	—	$2,080
Oct 1995	147	126	15.43	—	$2,268
Sep 1995	138	68	16.18	—	$2,233
Aug 1995	143	114	15.92	—	$2,277
Jul 1995	150	136	15.24	—	$2,286
Jun 1995	147	128	16.41	—	$2,412
May 1995	146	210	17.56	—	$2,564
Apr 1995	150	37	17.73	—	$2,660
Mar 1995	191	38	16.44	—	$3,140
Feb 1995	118	38	16.58	—	$1,956
Jan 1995	81	217	15.92	—	$1,290
Dec 1994	57	93	15.03	—	$857
Nov 1994	14	90	15.90	—	$223
Oct 1994	86	198	15.58	—	$1,340
Sep 1994	64	158	15.29	—	$979
Aug 1994	85	131	16.13	—	$1,371
Jul 1994	69	127	17.56	—	$1,212
Jun 1994	159	90	17.09	—	$2,717
May 1994	366	93	15.88	—	$5,812
Apr 1994	476	171	14.14	—	$6,731
Mar 1994	280	93	12.46	—	$3,489
Feb 1994	371	166	12.50	—	$4,638
Jan 1994	423	183	12.66	—	$5,355
Dec 1993	393	93	12.33	—	$4,846
Nov 1993	476	90	14.49	—	$6,897
Oct 1993	462	404	15.85	—	$7,323
Sep 1993	406	90	15.03	—	$6,102
Aug 1993	473	780	15.66	—	$7,407
Jul 1993	406	477	15.46	—	$6,277
Jun 1993	422	447	16.79	—	$7,085
May 1993	449	439	17.68	—	$7,938
Apr 1993	447	538	18.05	—	$8,068
Mar 1993	476	564	18.14	—	$8,635
Feb 1993	391	492	17.90	—	$6,999
Jan 1993	531	559	16.93	—	$8,990

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.

Jul 2006 — as filed, then multipliedworked

Oil                   31 bbl  × $ 69.37 =     $2,150
Casinghead gas        17 Mcf  × $  6.34 =       $108

────────────────────────────────────────────────────
Month total                                   $2,258

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/9205 is the state's own key, not one this site invented.