USA

Operated by MERIT ENERGY COMPANY (P-5 561136) in the BOB WEST (L-12, 13, 14, 15) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 151029District 04Field 100411512 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.1 M
Aug 1994 – Oct 2018
Value, last 12 filed months
$59 k
at the published price for each month
Months reported
291
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 87 leases and 87 wells, and the rule below applies to all of them.

Discovered
1996-12-27
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-04-24.

The Commission's schedule remark for this field reads: REMAIN SUSPENDED.

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 Gas221996-02-06 – 1996-02-142 dockets
NGPA2none

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
CondensateDisposition3 bbl$148
GasProduction13,733,933 Mcf$19,051,102
Total$19,051,251

7,963,556 Mcf of this lease's gas, across 29 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 26.5725, -99.1532. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.57249, -99.15318 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,029 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
1100.0%
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.
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

The one well that filed a depth was drilled to 11,029 ft.

Completions filed
Oct 2018
1 of 1 wells

1 well

42-42732599201211,029 ftOct 2018Yes

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 (291)

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

291 months

Oct 20181061.443.40$61
Sep 201801,41359.543.11$4,392
Aug 201801,74059.403.07$5,336
Jul 201801,76565.142.93$5,175
Jun 201801,71260.183.08$5,268
May 201801,81665.382.90$5,268
Apr 201801,72863.842.90$5,013
Mar 201801,78561.222.79$4,975
Feb 201801,64161.782.77$4,539
Jan 201801,85862.874.01$7,449
Dec 201701,90057.272.92$5,551
Nov 201701,86255.423.12$5,806
Oct 201701,91849.292.98$5,723
Sep 201701,85047.523.09$5,711
Aug 201701,97145.373.00$5,922
Jul 201701,97943.873.09$6,110
Jun 201701,88042.493.09$5,804
May 201702,01445.373.26$6,572
Apr 201702,00347.933.21$6,433
Mar 201712,04546.772.98$6,148
Feb 201701,84850.452.95$5,456
Jan 201702,01649.413.42$6,892
Dec 201602,07648.763.72$7,729
Nov 201602,08842.492.64$5,521
Oct 201602,10846.193.09$6,514
Sep 201602,03741.553.10$6,316
Aug 201602,12641.442.92$6,217
Jul 201602,15141.622.92$6,290
Jun 201602,10845.352.69$5,662
May 201602,19342.521.99$4,366
Apr 201602,11836.561.99$4,217
Mar 201602,17233.011.79$3,897
Feb 201602,10026.472.06$4,334
Jan 201602,20427.352.36$5,211
Dec 201502,19632.362.00$4,395
Nov 201502,06738.792.17$4,480
Oct 201502,12043.552.43$5,144
Sep 201502,07642.992.76$5,726
Aug 201512,21540.162.87$6,403
Jul 201502,22248.152.95$6,544
Jun 201502,18956.152.88$6,311
May 201502,25055.212.96$6,650
Apr 201502,13749.822.71$5,784
Mar 201502,23642.892.93$6,562
Feb 201502,12944.662.98$6,336
Jan 201502,65643.433.10$8,235
Dec 201402,26154.693.59$8,120
Nov 201402,40170.464.25$10,209
Oct 201402,37278.303.90$9,253
Sep 201402,27386.164.05$9,195
Aug 201402,49189.394.04$10,051
Jul 201402,65096.564.18$11,076
Jun 201402,40998.164.74$11,411
May 201402,64194.734.73$12,483
Apr 201402,39595.944.81$11,518
Mar 201402,30395.895.06$11,646
Feb 201402,07697.406.19$12,855
Jan 201402,65090.404.86$12,881
Dec 201301,83291.824.35$7,977
Nov 201301,49288.853.74$5,578
Oct 201302,60197.423.78$9,830
Sep 201302,542104.113.72$9,451
Aug 201302,647104.253.52$9,324
Jul 201302,744102.523.72$10,201
Jun 201302,63694.403.93$10,368
May 201302,71494.834.15$11,261
Apr 201302,61293.964.28$11,186
Mar 201302,73893.623.91$10,713
Feb 201302,48391.233.42$8,492
Jan 201302,74491.603.42$9,384
Dec 201202,80586.773.42$9,594
Nov 201202,70386.953.62$9,798
Oct 201202,86589.383.40$9,740
Sep 201202,81194.672.92$8,204
Aug 201202,94792.662.91$8,570
Jul 201202,44085.133.02$7,371
Jun 201202,99679.822.52$7,547
May 201203,10991.612.49$7,736
Apr 201203,133101.652.00$6,256
Mar 201203,172105.052.22$7,048
Feb 201202,970101.102.57$7,634
Jan 201203,37898.092.73$9,236
Dec 201103,37396.873.24$10,928
Nov 201103,43895.723.31$11,384
Oct 201104,09184.983.65$14,926
Sep 201102,57483.623.99$10,259
Aug 201103,40483.404.15$14,124
Jul 201103,42694.144.52$15,476
Jun 201103,35492.904.64$15,562
May 201103,52798.134.40$15,536
Apr 201103,534105.964.33$15,314
Mar 201103,70796.364.06$15,041
Feb 201102,54285.644.18$10,626
Jan 201103,65586.504.59$16,772
Dec 201003,71785.734.35$16,161
Nov 201003,67880.843.80$13,959
Oct 201003,77778.103.51$13,253
Sep 201003,76472.633.98$14,979
Aug 201003,76173.684.42$16,621
Jul 201003,98172.554.74$18,856
Jun 201003,89770.364.91$19,136
May 201004,22571.124.24$17,894
Apr 201004,15981.694.12$17,146
Mar 201004,20478.394.39$18,450
Feb 201003,92073.585.44$21,334
Jan 201004,45074.365.96$26,540
Dec 200904,55071.445.48$24,951
Nov 200904,45974.593.75$16,728
Oct 200904,66672.544.11$19,178
Sep 200904,59265.543.06$14,073
Aug 200904,74367.423.22$15,265
Jul 200904,72261.133.46$16,359
Jun 200904,58766.163.90$17,866
May 200904,68354.743.93$18,384
Apr 200904,49746.773.59$16,133
Mar 200904,60142.144.06$18,675
Feb 200904,22432.814.63$19,570
Jan 200904,73635.865.37$25,437
Dec 200804,80437.105.98$28,714
Nov 200804,79755.496.86$32,909
Oct 200805,01775.246.92$34,728
Sep 200804,970101.767.88$39,149
Aug 200805,021114.228.48$42,593
Jul 200804,949131.0811.39$56,366
Jun 200804,770131.3313.03$62,166
May 200804,761123.1711.57$55,105
Apr 200804,576110.3110.45$47,841
Mar 200804,752101.909.66$45,924
Feb 200805,02492.538.77$44,063
Jan 200805,98990.388.21$49,144
Dec 200705,95388.337.30$43,469
Nov 200705,05891.677.29$36,881
Oct 200706,86682.856.92$47,526
Sep 200706,86675.846.24$42,872
Aug 200707,39469.066.39$47,232
Jul 200707,28870.906.39$46,555
Jun 200707,03462.007.55$53,096
May 200707,45058.747.85$58,455
Apr 200707,42059.617.81$57,915
Mar 200707,14856.927.30$52,194
Feb 200705,31155.108.22$43,635
Jan 200706,85950.306.73$46,139
Dec 200606,77756.656.92$46,886
Nov 200606,83154.207.62$52,035
Oct 200607,28354.906.01$43,799
Sep 200607,16760.085.04$36,102
Aug 200608,23168.717.34$60,415
Jul 200607,46269.376.34$47,330
Jun 200607,81366.286.38$49,877
May 200608,43366.016.42$54,182
Apr 200608,80764.397.36$64,824
Mar 200608,87956.707.08$62,889
Feb 200608,05857.597.75$62,459
Jan 200609,20660.598.93$82,240
Dec 200508,88654.9413.42$119,209
Nov 200508,74354.6910.59$92,574
Oct 2005010,25358.3413.80$141,448
Sep 200509,30461.4512.08$112,383
Aug 200509,60261.519.80$94,069
Jul 2005010,05055.697.84$78,829
Jun 2005010,23952.337.38$75,574
May 200509,64245.226.65$64,130
Apr 200509,52949.207.36$70,138
Mar 2005010,15350.377.15$72,644
Feb 200509,95045.226.31$62,804
Jan 2005010,08243.166.32$63,740
Dec 2004010,26339.866.75$69,286
Nov 2004010,25945.286.33$64,944
Oct 2004010,88249.706.52$70,897
Sep 200409,80143.245.28$51,788
Aug 2004010,36742.375.55$57,544
Jul 2004011,19538.286.08$68,112
Jun 2004010,65636.106.43$68,550
May 2004011,72737.486.49$76,162
Apr 2004011,41534.475.86$66,874
Mar 2004014,35734.365.53$79,396
Feb 2004010,57832.455.51$58,281
Jan 2004012,73232.036.30$80,207
Dec 2003012,66030.266.30$79,779
Nov 2003011,67228.804.60$53,635
Oct 2003013,54428.174.76$64,465
Sep 2003013,42326.314.75$63,751
Aug 2003013,47929.765.13$69,144
Jul 2003014,18929.415.17$73,369
Jun 2003013,34128.565.98$79,819
May 2003013,27926.595.97$79,311
Apr 2003011,04426.675.41$59,718
Mar 2003018,39631.146.10$112,143
Feb 2003013,06433.487.93$103,544
Jan 2003016,14930.315.58$90,144
Dec 2002016,74626.914.85$81,281
Nov 2002017,01724.664.14$70,399
Oct 2002021,04726.464.23$89,010
Sep 2002017,42327.443.64$63,336
Aug 2002019,95725.963.16$63,147
Jul 2002020,80224.583.06$63,691
Jun 2002020,03123.733.34$66,868
May 2002022,08624.663.58$79,156
Apr 2002020,31523.653.51$71,353
Mar 2002022,21722.003.10$68,933
Feb 2002020,52218.222.38$48,754
Jan 2002023,18817.172.38$55,087
Dec 2001023,56816.932.36$55,724
Nov 2001023,46718.072.41$56,450
Oct 2001025,09919.782.53$63,472
Sep 2001022,60824.262.25$50,898
Aug 2001020,65524.873.05$63,063
Jul 2001033,00923.933.20$105,532
Jun 2001016,48124.563.82$63,026
May 2001035,62525.524.31$153,448
Apr 2001022,97024.685.34$122,552
Mar 2001034,67824.545.38$186,444
Feb 2001032,97827.755.77$190,187
Jan 2001037,19127.478.40$312,358
Dec 2000037,89226.889.12$345,670
Nov 2000037,82432.215.66$214,008
Oct 2000038,81331.235.15$199,712
Sep 2000039,70831.875.19$205,946
Aug 2000042,35329.644.54$192,314
Jul 2000043,98728.534.09$179,896
Jun 2000043,23629.304.40$190,120
May 2000045,16127.263.68$166,181
Apr 2000045,29524.513.12$141,139
Mar 2000047,96128.422.86$137,156
Feb 2000044,63927.622.73$121,708
Jan 2000050,61225.272.48$125,543
Dec 1999052,11224.282.42$126,305
Nov 1999051,62723.192.43$125,660
Oct 1999054,34720.982.80$152,373
Sep 1999055,19321.752.62$144,542
Aug 1999060,22219.262.88$173,174
Jul 1999061,13517.892.37$145,035
Jun 1999060,38215.942.36$142,628
May 1999068,46515.792.32$158,909
Apr 1999068,46315.102.21$151,170
Mar 1999073,30912.471.84$134,766
Feb 1999068,2549.981.82$124,071
Jan 1999079,09010.381.90$150,267
Dec 1998080,8159.201.77$143,311
Nov 1998081,02310.892.19$177,094
Oct 1998087,43912.421.97$172,186
Sep 1998087,03812.592.08$181,267
Aug 1998095,03511.301.91$181,265
Jul 1998099,31711.742.24$222,199
Jun 1998093,18511.242.24$208,480
May 1998091,23912.622.21$201,304
Apr 1998090,52613.042.51$226,798
Mar 1998098,81512.802.31$228,207
Feb 1998096,08113.952.30$220,903
Jan 19980108,32014.702.15$233,407
Dec 19970113,72916.322.41$274,212
Nov 19970115,51018.193.09$356,725
Oct 19970127,47519.253.15$401,523
Sep 19970126,20517.742.95$372,921
Aug 19970136,46917.862.55$348,643
Jul 19970151,20817.582.25$339,755
Jun 19970161,64117.242.26$364,856
May 19970169,39518.972.31$391,048
Apr 19970168,19517.882.08$350,313
Mar 19970187,98618.951.94$364,531
Feb 19970179,48220.492.21$395,919
Jan 19970206,58823.483.54$731,260
Dec 19960222,69523.32$0
Nov 19960225,08721.97$0
Oct 19960240,49623.31$0
Sep 19960247,20322.22$0
Aug 19960262,22020.26$0
Jul 19960272,45319.55$0
Jun 19960246,47618.73$0
May 19960246,76119.43$0
Apr 19960253,11721.51$0
Mar 19960281,97919.38$0
Feb 19960286,12316.98$0
Jan 19960297,60717.07$0
Dec 19950321,62417.19$0
Nov 19950297,48916.00$0
Oct 19950344,08415.43$0
Sep 19950352,93616.18$0
Aug 19950342,61615.92$0
Jul 19950252,56315.24$0
Jun 19950259,35516.41$0
May 19950263,29717.56$0
Apr 19950242,60117.73$0
Mar 19950278,04016.44$0
Feb 19950269,59516.58$0
Jan 19950243,00815.92$0
Dec 19940323,83215.03$0
Nov 19940305,42415.90$0
Oct 19940316,66315.58$0
Sep 19940322,70815.29$0
Aug 19940145,50416.13$0

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.

Oct 2018 — as filed, then multipliedworked
Condensate             1 bbl  × $ 61.44 =        $61
Gas                    0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                      $61

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/151029 is the state's own key, not one this site invented.