VELA-SMITH GAS UNIT

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

Gas lease lease 140572District 04Field 779730502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$356
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 345 leases and 345 wells, and the rule below applies to all of them.

Discovered
1995-01-09
as the register files it
Field class
Gas
the register's own label
Between wells
933 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 2010-11-02.

The Commission's schedule remark for this field reads: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111992-05-26125340
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition5,618 bbl$99,418
GasProduction1,441,558 Mcf$2,787,558
Total$2,886,975

764,326 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 26.7886, -99.1761. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.78864, -99.17608 · 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
9,950 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 9,950 ft.

Completions filed
Aug 2003
1 of 1 wells

1 well

42-5053282159,950 ftAug 2003

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 202609106.413.05$27
Apr 20260698.932.87$17
Mar 20260989.753.15$28
Feb 202601063.503.75$38
Jan 20260459.138.00$32
Dec 20250856.664.41$35
Nov 202501058.593.93$39
Oct 202501059.383.30$33
Sep 202501162.743.08$34
Aug 202501063.933.01$30
Jul 20250866.743.32$27
Jun 20250566.483.13$16
May 20250960.553.23$29
Apr 20250862.363.54$28
Mar 202501067.704.27$43
Feb 202501070.884.34$43
Jan 20250874.324.28$34
Dec 20240768.993.12$22
Nov 20240769.052.20$15
Oct 20240871.372.28$18
Sep 202401069.612.36$24
Aug 202401875.632.06$37
Jul 202405579.932.15$118
Jun 202408478.082.63$221
May 2024115578.812.20$420
Apr 2024014084.451.66$232
Mar 2024017880.301.55$275
Feb 202407076.091.78$125
Jan 2024230673.023.30$1,155
Dec 2023030471.262.61$794
Nov 2023035377.892.81$991
Oct 2023149385.443.09$1,607
Sep 2023054089.042.74$1,477
Aug 2023071780.522.67$1,916
Jul 2023483074.852.64$2,492
Jun 2023059468.962.26$1,342
May 2023080870.622.23$1,800
Apr 2023093278.122.24$2,086
Mar 202341,01972.852.39$2,730
Feb 2023095575.112.47$2,355
Jan 2023011976.533.39$403
Dec 2022458776.415.73$3,669
Nov 2022065685.005.65$3,704
Oct 202201,18687.185.86$6,954
Sep 202201,09884.888.16$8,964
Aug 202201,22694.529.13$11,190
Jul 20220399101.587.54$3,009
Jun 202221,101115.097.98$9,013
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 2021028377.435.24$1,482
Oct 2021049579.795.71$2,828
Sep 2021060269.865.35$3,221
Aug 2021059366.024.22$2,503
Jul 2021046970.783.98$1,868
Jun 2021048969.493.38$1,653
May 2021080863.483.02$2,438
Apr 2021075960.362.76$2,094
Mar 2021033261.302.72$902
Feb 2021048557.805.55$2,691
Jan 2021037650.412.81$1,057
Dec 2020037444.642.68$1,001
Nov 2020064938.772.71$1,757
Oct 2020078136.972.48$1,936
Sep 2020070337.091.99$1,400
Aug 2020051339.982.39$1,224
Jul 2020080738.371.83$1,473
Jun 2020082934.901.69$1,401
May 2020077916.921.81$1,414
Apr 2020066814.751.80$1,205
Mar 2020076530.341.86$1,420
Feb 2020062849.881.98$1,244
Jan 2020055557.252.09$1,163
Dec 2019052559.012.30$1,210
Nov 2019059755.302.75$1,642
Oct 2019054153.472.42$1,308
Sep 2019053955.052.66$1,432
Aug 2019052653.112.30$1,212
Jul 2019076356.272.46$1,877
Jun 2019071252.782.49$1,774
May 2019043358.482.74$1,187
Apr 2019085962.632.75$2,363
Mar 2019086456.803.06$2,646
Feb 2019060850.852.79$1,698
Jan 2019095346.033.23$3,076
Dec 2018098046.594.19$4,102
Nov 201801,02752.934.24$4,352
Oct 201801,06061.443.40$3,602
Sep 2018097059.543.11$3,015
Aug 201801,07259.403.07$3,287
Jul 201801,05865.142.93$3,102
Jun 201801,09960.183.08$3,382
May 201801,06365.382.90$3,084
Apr 2018097163.842.90$2,817
Mar 201801,01961.222.79$2,840
Feb 2018096261.782.77$2,661
Jan 201801,08062.874.01$4,330
Dec 201761,21257.272.92$3,885
Nov 201701,00855.423.12$3,143
Oct 201701,06349.292.98$3,172
Sep 201701,08347.523.09$3,344
Aug 201701,14245.373.00$3,431
Jul 201701,24643.873.09$3,847
Jun 201701,35842.493.09$4,193
May 201701,41545.373.26$4,618
Apr 201701,47147.933.21$4,724
Mar 201701,29446.772.98$3,861
Feb 201701,26150.452.95$3,723
Jan 201701,18849.413.42$4,062
Dec 201601,57748.763.72$5,871
Nov 201601,62242.492.64$4,289
Oct 201601,47446.193.09$4,555
Sep 201601,61041.553.10$4,992
Aug 201601,56841.442.92$4,585
Jul 2016098141.622.92$2,869
Jun 201601,27845.352.69$3,432
May 201601,29442.521.99$2,576
Apr 201601,25136.561.99$2,491
Mar 201601,96633.011.79$3,527
Feb 201641,72726.472.06$3,670
Jan 201601,69227.352.36$4,001
Dec 201501,50632.362.00$3,014
Nov 201501,70638.792.17$3,697
Oct 201501,61343.552.43$3,914
Sep 201501,64842.992.76$4,546
Aug 201501,53240.162.87$4,401
Jul 201501,51748.152.95$4,468
Jun 201501,76756.152.88$5,094
May 201501,65955.212.96$4,903
Apr 201501,65049.822.71$4,466
Mar 201501,85542.892.93$5,444
Feb 201531,33244.662.98$4,098
Jan 201501,70143.433.10$5,274
Dec 201401,68854.693.59$6,062
Nov 201401,47370.464.25$6,263
Oct 201401,64678.303.90$6,421
Sep 201401,39286.164.05$5,631
Aug 201401,52389.394.04$6,145
Jul 201431,56496.564.18$6,827
Jun 201401,88598.164.74$8,929
May 201401,93394.734.73$9,136
Apr 201402,03695.944.81$9,791
Mar 201412,65595.895.06$13,522
Feb 201402,34397.406.19$14,508
Jan 201422,87190.404.86$14,136
Dec 201333,70491.824.35$16,404
Nov 201302,27488.853.74$8,501
Oct 201302,86097.423.78$10,809
Sep 201302,808104.113.72$10,439
Aug 201302,206104.253.52$7,771
Jul 201302,360102.523.72$8,774
Jun 201302,28394.403.93$8,980
May 201302,22594.834.15$9,232
Apr 201302,31493.964.28$9,910
Mar 201302,50393.623.91$9,794
Feb 201302,34291.233.42$8,009
Jan 201302,47791.603.42$8,471
Dec 201202,31586.773.42$7,918
Nov 201201,69086.953.62$6,126
Oct 201202,19889.383.40$7,473
Sep 201201,71194.672.92$4,993
Aug 201201,68592.662.91$4,900
Jul 201202,12485.133.02$6,416
Jun 20120079.822.52$0
May 201201,57091.612.49$3,907
Apr 201201,584101.652.00$3,163
Mar 201201,746105.052.22$3,880
Feb 201201,862101.102.57$4,786
Jan 201201,64998.092.73$4,509
Dec 201101,73696.873.24$5,624
Nov 201101,61395.723.31$5,341
Oct 201101,69784.983.65$6,192
Sep 201101,98583.623.99$7,912
Aug 201101,92883.404.15$8,000
Jul 201102,28994.144.52$10,340
Jun 201101,18292.904.64$5,484
May 201102,10598.134.40$9,272
Apr 201102,438105.964.33$10,565
Mar 201102,64496.364.06$10,728
Feb 201102,39285.644.18$9,999
Jan 201101,78186.504.59$8,173
Dec 201001,41285.734.35$6,139
Nov 201001,53380.843.80$5,818
Oct 201001,69378.103.51$5,941
Sep 2010094372.633.98$3,753
Aug 201001,53373.684.42$6,775
Jul 201001,44372.554.74$6,835
Jun 201001,58970.364.91$7,803
May 201001,46671.124.24$6,209
Apr 201001,25881.694.12$5,186
Mar 201001,54678.394.39$6,785
Feb 201001,12473.585.44$6,117
Jan 201001,93374.365.96$11,529
Dec 200901,66471.445.48$9,125
Nov 200901,47574.593.75$5,533
Oct 200901,17872.544.11$4,842
Sep 200901,62165.543.06$4,968
Aug 200901,97567.423.22$6,357
Jul 200902,08761.133.46$7,230
Jun 200902,18466.163.90$8,507
May 200901,88854.743.93$7,412
Apr 200902,10946.773.59$7,566
Mar 200901,56042.144.06$6,332
Feb 200901,58432.814.63$7,339
Jan 200902,32435.865.37$12,482
Dec 200802,42937.105.98$14,518
Nov 200802,46755.496.86$16,925
Oct 200802,14975.246.92$14,875
Sep 200802,257101.767.88$17,779
Aug 200801,453114.228.48$12,326
Jul 200801,866131.0811.39$21,253
Jun 200801,938131.3313.03$25,257
May 200801,536123.1711.57$17,778
Apr 200801,226110.3110.45$12,818
Mar 200802,236101.909.66$21,609
Feb 200802,35692.538.77$20,663
Jan 200802,37890.388.21$19,513
Dec 200702,81888.337.30$20,577
Nov 200702,23891.677.29$16,319
Oct 2007102,32282.856.92$16,901
Sep 200702,33075.846.24$14,549
Aug 200702,58669.066.39$16,519
Jul 200702,55270.906.39$16,302
Jun 200702,01162.007.55$15,180
May 200701,77358.747.85$13,911
Apr 200701,85559.617.81$14,479
Mar 200702,02856.927.30$14,808
Feb 200701,77555.108.22$14,583
Jan 200702,03250.306.73$13,669
Dec 200602,10956.656.92$14,591
Nov 200601,98754.207.62$15,136
Oct 200602,07554.906.01$12,479
Sep 200602,02460.085.04$10,195
Aug 200602,03268.717.34$14,915
Jul 200602,15269.376.34$13,650
Jun 200601,84766.286.38$11,791
May 200602,12866.016.42$13,672
Apr 200602,15864.397.36$15,884
Mar 200602,06156.707.08$14,598
Feb 200601,83557.597.75$14,223
Jan 200692,36860.598.93$21,699
Dec 200502,50354.9413.42$33,579
Nov 200502,26954.6910.59$24,025
Oct 200502,35558.3413.80$32,489
Sep 200502,12961.4512.08$25,716
Aug 200502,35761.519.80$23,091
Jul 200502,36755.697.84$18,566
Jun 200502,21652.337.38$16,356
May 200502,32945.226.65$15,491
Apr 200502,51249.207.36$18,490
Mar 200502,37450.377.15$16,986
Feb 200502,54145.226.31$16,039
Jan 200502,39343.166.32$15,129
Dec 200402,69039.866.75$18,160
Nov 200402,16745.286.33$13,718
Oct 200401,61849.706.52$10,541
Sep 200402,13043.245.28$11,255
Aug 200402,50342.375.55$13,893
Jul 200402,03438.286.08$12,375
Jun 2004056036.106.43$3,602
May 200402,31837.486.49$15,054
Apr 200402,65234.475.86$15,537
Mar 200402,12134.365.53$11,729
Feb 2004056632.455.51$3,118
Jan 200402732.036.30$170
Dec 200301,43930.266.30$9,068
Nov 200301,57728.804.60$7,247
Oct 200301,16428.174.76$5,540
Sep 200301,07626.314.75$5,110
Aug 2003052329.765.13$2,683
Jul 2003094729.415.17$4,897
Jun 200301,00728.565.98$6,025
May 200301,05826.595.97$6,319
Apr 200301,09326.675.41$5,910
Mar 200301,03331.146.10$6,297
Feb 2003098333.487.93$7,791
Jan 200301,05130.315.58$5,867
Dec 2002181,19926.914.85$6,304
Nov 2002094524.664.14$3,909
Oct 200201,24226.464.23$5,253
Sep 200201,45527.443.64$5,289
Aug 200201,07325.963.16$3,395
Jul 2002092524.583.06$2,832
Jun 2002096723.733.34$3,228
May 200201,28324.663.58$4,598
Apr 200201,19023.653.51$4,180
Mar 200201,34022.003.10$4,158
Feb 200201,17718.222.38$2,796
Jan 200201,31917.172.38$3,134
Dec 200101,27616.932.36$3,017
Nov 200101,06218.072.41$2,555
Oct 200181,64919.782.53$4,328
Sep 200101,63824.262.25$3,688
Aug 200101,97224.873.05$6,021
Jul 200102,16623.933.20$6,925
Jun 200102,41724.563.82$9,243
May 200102,47625.524.31$10,665
Apr 200102,58424.685.34$13,786
Mar 20011121,52024.545.38$10,921
Feb 200102,69627.755.77$15,548
Jan 200103,50827.478.40$29,463
Dec 200003,22626.889.12$29,429
Nov 200003,43332.215.66$19,424
Oct 200003,43131.235.15$17,654
Sep 200004,02231.875.19$20,860
Aug 200003,84629.644.54$17,464
Jul 200004,78228.534.09$19,557
Jun 200005,44129.304.40$23,925
May 200006,62127.263.68$24,364
Apr 200008,74224.513.12$27,240
Mar 2000012,08528.422.86$34,560
Feb 2000011,90127.622.73$32,448
Jan 200019020,73325.272.48$56,230
Dec 1999024,42524.282.42$59,199
Nov 199902,55123.192.43$6,209
Oct 199903,65020.982.80$10,234
Sep 199903,15921.752.62$8,273
Aug 199903,56019.262.88$10,237
Jul 1999453,89117.892.37$10,036
Jun 199903,06715.942.36$7,245
May 199906,11715.792.32$14,198
Apr 199904,02515.102.21$8,887
Mar 199903,58412.471.84$6,589
Feb 199902,3849.981.82$4,334
Jan 199902,62210.381.90$4,982
Dec 199804,2649.201.77$7,561
Nov 199802,87210.892.19$6,277
Oct 199803,18912.421.97$6,280
Sep 199803,96812.592.08$8,264
Aug 199803,17511.301.91$6,056
Jul 1998583,60911.742.24$8,755
Jun 1998613,07411.242.24$7,563
May 199803,91012.622.21$8,627
Apr 199803,38913.042.51$8,491
Mar 199804,01112.802.31$9,263
Feb 199803,87713.952.30$8,914
Jan 199804,05014.702.15$8,727
Dec 199705,32816.322.41$12,846
Nov 19971144,93218.193.09$17,305
Oct 199704,93619.253.15$15,548
Sep 199704,74517.742.95$14,021
Aug 199705,00817.862.55$12,794
Jul 199706,03317.582.25$13,556
Jun 199705,99817.242.26$13,539
May 199705,81318.972.31$13,419
Apr 1997806,50017.882.08$14,968
Mar 199706,37918.951.94$12,370
Feb 1997926,22220.492.21$15,610
Jan 199705,70323.483.54$20,187
Dec 199607,93623.32$0
Nov 19961157,62721.97$2,527
Oct 199609,94723.31$0
Sep 199605,84522.22$0
Aug 199607,24220.26$0
Jul 199607,52219.55$0
Jun 199609,00518.73$0
May 19961229,26219.43$2,370
Apr 199607,48121.51$0
Mar 199607,60119.38$0
Feb 199608,79516.98$0
Jan 19961668,79117.07$2,834
Dec 199509,41517.19$0
Nov 199509,35916.00$0
Oct 19951208,50415.43$1,852
Sep 199509,38916.18$0
Aug 199509,88415.92$0
Jul 1995010,11815.24$0
Jun 1995010,26716.41$0
May 199514611,62517.56$2,564
Apr 1995010,51417.73$0
Mar 199512511,87816.44$2,055
Feb 1995010,22216.58$0
Jan 199514313,23415.92$2,277
Dec 1994013,73015.03$0
Nov 1994011,95815.90$0
Oct 199412216,91915.58$1,901
Sep 1994016,20515.29$0
Aug 199412015,35316.13$1,936
Jul 1994016,29317.56$0
Jun 199412016,33117.09$2,051
May 1994017,65215.88$0
Apr 199411517,43714.14$1,626
Mar 199411318,96612.46$1,408
Feb 1994017,13312.50$0
Jan 199412120,31512.66$1,532
Dec 199317020,40912.33$2,096
Nov 199318121,34714.49$2,623
Oct 199313821,10015.85$2,187
Sep 199314622,59115.03$2,194
Aug 199313723,15115.66$2,145
Jul 199315225,22915.46$2,350
Jun 199312625,23816.79$2,116
May 199314927,01717.68$2,634
Apr 199313928,28518.05$2,509
Mar 199341936,01718.14$7,601
Feb 199377048,45917.90$13,783
Jan 199360645,72816.93$10,260

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
Condensate             0 bbl  × $106.41 =         $0
Gas                    9 Mcf  × $  3.05 =        $27

────────────────────────────────────────────────────
Month total                                      $27

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/140572 is the state's own key, not one this site invented.