OLIVAREZ, O. GU

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

Gas lease lease 139696District 04Field 02100625CondensateGasSaveExport
Value, all time
$1.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, 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 90 leases and 90 wells, and the rule below applies to all of them.

Discovered
1993-06-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2001-11-06.

The Commission's schedule remark for this field reads: AS A SINGLE RESERVOIR.

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
CondensateDisposition7,210 bbl$136,544
GasProduction902,418 Mcf$1,311,419
Total$1,447,963

612,796 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 26.6930, -98.4123. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.69299, -98.41225 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,343 ft
1 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.
1100.0%

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 8,343 ft.

Completions filed
Sep 1991
1 of 1 wells

1 well

42-4273226828,343 ftSep 1991

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 20250058.593.93$0
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 20240078.812.20$0
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 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 20200036.972.48$0
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 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180363.842.90$9
Mar 20180461.222.79$11
Feb 20180761.782.77$19
Jan 20181162.874.01$67
Dec 2017243657.272.92$1,480
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 201701047.523.09$31
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170345.373.26$10
Apr 20170947.933.21$29
Mar 2017024046.772.98$716
Feb 2017022050.452.95$650
Jan 2017025349.413.42$865
Dec 2016025748.763.72$957
Nov 2016025942.492.64$685
Oct 2016027746.193.09$856
Sep 2016023541.553.10$729
Aug 2016025841.442.92$754
Jul 2016028841.622.92$842
Jun 2016029445.352.69$790
May 2016033642.521.99$669
Apr 2016032036.561.99$637
Mar 2016033133.011.79$594
Feb 2016037126.472.06$766
Jan 2016032727.352.36$773
Dec 2015039632.362.00$793
Nov 2015044138.792.17$956
Oct 2015063343.552.43$1,536
Sep 20150042.992.76$0
Aug 2015020940.162.87$600
Jul 2015023048.152.95$677
Jun 201503256.152.88$92
May 20150055.212.96$0
Apr 2015031149.822.71$842
Mar 2015032742.892.93$960
Feb 2015032444.662.98$964
Jan 2015039843.433.10$1,234
Dec 2014043954.693.59$1,577
Nov 2014050770.464.25$2,156
Oct 20140678.303.90$23
Sep 2014049086.164.05$1,982
Aug 2014044889.394.04$1,808
Jul 2014055196.564.18$2,303
Jun 2014061498.164.74$2,908
May 2014056794.734.73$2,680
Apr 2014071195.944.81$3,419
Mar 2014041195.895.06$2,078
Feb 201401097.406.19$62
Jan 2014016090.404.86$778
Dec 2013055591.824.35$2,417
Nov 2013054988.853.74$2,052
Oct 2013077297.423.78$2,918
Sep 20130415104.113.72$1,543
Aug 20130672104.253.52$2,367
Jul 20130860102.523.72$3,197
Jun 2013075094.403.93$2,950
May 2013084294.834.15$3,494
Apr 2013091493.964.28$3,914
Mar 2013190993.623.91$3,650
Feb 2013082991.233.42$2,835
Jan 2013073291.603.42$2,503
Dec 20120086.773.42$0
Nov 2012084886.953.62$3,074
Oct 201201,02989.383.40$3,498
Sep 2012095794.672.92$2,793
Aug 2012076892.662.91$2,233
Jul 201201,09085.133.02$3,293
Jun 20122279.822.52$165
May 2012194391.612.49$2,438
Apr 20121885101.652.00$1,869
Mar 20121923105.052.22$2,156
Feb 20120813101.102.57$2,090
Jan 2012075098.092.73$2,051
Dec 2011098996.873.24$3,204
Nov 201101,02195.723.31$3,381
Oct 201101,28684.983.65$4,692
Sep 201111,12583.623.99$4,568
Aug 201101,00183.404.15$4,153
Jul 2011097494.144.52$4,400
Jun 2011083092.904.64$3,851
May 201111,03698.134.40$4,662
Apr 201101,057105.964.33$4,580
Mar 201101,01496.364.06$4,114
Feb 2011086485.644.18$3,612
Jan 2011098686.504.59$4,525
Dec 2010098485.734.35$4,278
Nov 2010093680.843.80$3,552
Oct 2010098978.103.51$3,470
Sep 2010090772.633.98$3,609
Aug 201001,01873.684.42$4,499
Jul 2010090572.554.74$4,287
Jun 201001,04170.364.91$5,112
May 201001,03271.124.24$4,371
Apr 2010086381.694.12$3,558
Mar 2010086378.394.39$3,787
Feb 2010086673.585.44$4,713
Jan 2010096274.365.96$5,737
Dec 200901,05871.445.48$5,802
Nov 2009099374.593.75$3,725
Oct 2009097972.544.11$4,024
Sep 2009096765.543.06$2,964
Aug 200911,16267.423.22$3,807
Jul 200901,09561.133.46$3,794
Jun 2009095366.163.90$3,712
May 200901,01954.743.93$4,000
Apr 2009184746.773.59$3,085
Mar 20091801,00642.144.06$11,669
Feb 2009092232.814.63$4,272
Jan 2009194735.865.37$5,122
Dec 200811,14437.105.98$6,875
Nov 2008191555.496.86$6,333
Oct 200811,33875.246.92$9,337
Sep 200811,218101.767.88$9,696
Aug 200801,106114.228.48$9,382
Jul 200801,498131.0811.39$17,061
Jun 200801,497131.3313.03$19,510
May 200801,433123.1711.57$16,586
Apr 200801,325110.3110.45$13,853
Mar 2008182,138101.909.66$22,496
Feb 200801,60192.538.77$14,042
Jan 20080090.388.21$0
Dec 2007032988.337.30$2,402
Nov 2007083091.677.29$6,052
Oct 2007089382.856.92$6,181
Sep 2007096875.846.24$6,044
Aug 2007096669.066.39$6,171
Jul 200701,15570.906.39$7,378
Jun 200701,34762.007.55$10,168
May 200701,36158.747.85$10,679
Apr 200701,08859.617.81$8,492
Mar 200701,08756.927.30$7,937
Feb 200701,11855.108.22$9,185
Jan 200701,17550.306.73$7,904
Dec 200601,28756.656.92$8,904
Nov 200601,36354.207.62$10,383
Oct 2006271,25354.906.01$9,018
Sep 200601,53160.085.04$7,712
Aug 200601,09768.717.34$8,052
Jul 200601,55969.376.34$9,888
Jun 200601,39166.286.38$8,880
May 200601,18066.016.42$7,582
Apr 200601,17064.397.36$8,612
Mar 200601,15056.707.08$8,145
Feb 200601,39557.597.75$10,813
Jan 2006771,52060.598.93$18,244
Dec 2005090354.9413.42$12,114
Nov 200501,40454.6910.59$14,866
Oct 200501,99458.3413.80$27,509
Sep 200501,28561.4512.08$15,522
Aug 200501,24661.519.80$12,207
Jul 2005089455.697.84$7,012
Jun 200501,12852.337.38$8,326
May 200501,29145.226.65$8,587
Apr 200501,21049.207.36$8,906
Mar 200501,30150.377.15$9,309
Feb 200501,29845.226.31$8,193
Jan 200501,44843.166.32$9,155
Dec 200401,34939.866.75$9,107
Nov 200401,49045.286.33$9,432
Oct 200401,59849.706.52$10,411
Sep 200401,59643.245.28$8,433
Aug 200401,57542.375.55$8,742
Jul 200401,55138.286.08$9,437
Jun 200401,49636.106.43$9,624
May 200401,57137.486.49$10,203
Apr 200401,40234.475.86$8,214
Mar 200401,68834.365.53$9,335
Feb 200401,40532.455.51$7,741
Jan 200401,78032.036.30$11,213
Dec 200301,87530.266.30$11,816
Nov 200301,53628.804.60$7,058
Oct 20031791,70828.174.76$13,172
Sep 200301,61726.314.75$7,680
Aug 2003070729.765.13$3,627
Jul 2003023829.415.17$1,231
Jun 2003018828.565.98$1,125
May 2003070926.595.97$4,235
Apr 200301,27126.675.41$6,873
Mar 200301,07731.146.10$6,565
Feb 200301,00533.487.93$7,966
Jan 200301,27430.315.58$7,112
Dec 2002095526.914.85$4,635
Nov 2002086624.664.14$3,583
Oct 200201,10926.464.23$4,690
Sep 200201,74027.443.64$6,325
Aug 200201,09125.963.16$3,452
Jul 200201,32524.583.06$4,057
Jun 200201,20023.733.34$4,006
May 200201,34324.663.58$4,813
Apr 2002064423.653.51$2,262
Mar 2002077522.003.10$2,405
Feb 200201,25618.222.38$2,984
Jan 200201,16217.172.38$2,761
Dec 200101,21016.932.36$2,861
Nov 200101,29418.072.41$3,113
Oct 2001093819.782.53$2,372
Sep 200101,29924.262.25$2,924
Aug 200101,81124.873.05$5,529
Jul 2001551,74023.933.20$6,879
Jun 200101,80124.563.82$6,887
May 200101,48525.524.31$6,396
Apr 200101,62824.685.34$8,686
Mar 200101,43924.545.38$7,737
Feb 200101,61427.755.77$9,308
Jan 200101,24827.478.40$10,482
Dec 200001,68726.889.12$15,390
Nov 200001,41132.215.66$7,983
Oct 20001801,56331.235.15$13,664
Sep 200001,35731.875.19$7,038
Aug 200001,23629.644.54$5,612
Jul 200001,20628.534.09$4,932
Jun 200001,67929.304.40$7,383
May 200001,58627.263.68$5,836
Apr 200001,87224.513.12$5,833
Mar 200001,58228.422.86$4,524
Feb 200001,58227.622.73$4,313
Jan 20001751,59025.272.48$8,366
Dec 199901,89824.282.42$4,600
Nov 199902,02323.192.43$4,924
Oct 199902,19620.982.80$6,157
Sep 199901,97721.752.62$5,177
Aug 199902,36519.262.88$6,801
Jul 199902,18917.892.37$5,193
Jun 199903,08115.942.36$7,278
May 199902,72815.792.32$6,332
Apr 199902,67115.102.21$5,898
Mar 199903,00012.471.84$5,515
Feb 199902,9629.981.82$5,384
Jan 199902,74610.381.90$5,217
Dec 199802,1559.201.77$3,822
Nov 19981802,04310.892.19$6,426
Oct 199801,86912.421.97$3,680
Sep 199802,21112.592.08$4,605
Aug 199802,14111.301.91$4,084
Jul 199802,31311.742.24$5,175
Jun 199802,72711.242.24$6,101
May 199802,76012.622.21$6,090
Apr 199801,58613.042.51$3,973
Mar 199802,46612.802.31$5,695
Feb 199802,63013.952.30$6,047
Jan 199801,76914.702.15$3,812
Dec 199701,64816.322.41$3,973
Nov 199703,13318.193.09$9,676
Oct 1997060819.253.15$1,915
Sep 199702,57517.742.95$7,609
Aug 199702,23717.862.55$5,715
Jul 199702,52217.582.25$5,667
Jun 19971792,48017.242.26$8,684
May 199702,59618.972.31$5,993
Apr 199702,58117.882.08$5,376
Mar 199702,64418.951.94$5,127
Feb 199702,85820.492.21$6,304
Jan 199701,51823.483.54$5,373
Dec 199601,71023.32$0
Nov 199602,40921.97$0
Oct 199602,21023.31$0
Sep 19961792,84222.22$3,977
Aug 199602,32320.26$0
Jul 199602,10219.55$0
Jun 199602,31018.73$0
May 199602,76319.43$0
Apr 199603,37521.51$0
Mar 199603,71519.38$0
Feb 199603,25116.98$0
Jan 199603,50517.07$0
Dec 19951812,59717.19$3,111
Nov 199503,41016.00$0
Oct 199503,88015.43$0
Sep 199504,53516.18$0
Aug 19951674,42015.92$2,659
Jul 199503,89215.24$0
Jun 199509,27916.41$0
May 1995012,61017.56$0
Apr 199518113,28217.73$3,209
Mar 19951774,04416.44$2,910
Feb 199503,94716.58$0
Jan 199504,56815.92$0
Dec 199403,51015.03$0
Nov 199404,69815.90$0
Oct 19941774,53615.58$2,758
Sep 199405,20815.29$0
Aug 199405,64316.13$0
Jul 199406,28017.56$0
Jun 199406,86217.09$0
May 199418010,09715.88$2,858
Apr 199418114,01814.14$2,559
Mar 199418116,59112.46$2,255
Feb 199417816,74612.50$2,225
Jan 199417620,96612.66$2,228
Dec 199318123,17812.33$2,232
Nov 199318020,16214.49$2,608
Oct 199336025,18815.85$5,706
Sep 199317219,93015.03$2,585
Aug 199318125,46015.66$2,834
Jul 199317927,80515.46$2,767
Jun 199335532,15916.79$5,960
May 199336138,03217.68$6,382
Apr 199335838,60718.05$6,462
Mar 199337041,03318.14$6,712
Feb 199353843,30117.90$9,630
Jan 199372759,80716.93$12,308

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.

Apr 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.84 =         $0
Gas                    3 Mcf  × $  2.90 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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. 04/G/139696 is the state's own key, not one this site invented.