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 159481District 04Field 100411512 tax incentive programmesCondensateGasSaveExport
Value, all time
$30.5 M
Mar 1996 – May 2026
Value, last 12 filed months
$67 k
at the published price for each month
Months reported
363
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 Gas111996-09-05134857
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
CondensateDisposition3 bbl$140
GasProduction12,197,211 Mcf$30,505,070
Total$30,505,210

2,987,812 Mcf of this lease's gas, across 10 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 26.5692, -99.1582. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.56917, -99.15821 · 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
11,612 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 11,612 ft.

Completions filed
Nov 2005
1 of 1 wells

1 well

42-4273259830611,612 ftNov 2005

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 (363)

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

363 months

May 202601,509106.413.05$4,596
Apr 202601,45998.932.87$4,187
Mar 202601,49989.753.15$4,721
Feb 202601,33263.503.75$4,995
Jan 202601,53659.138.00$12,285
Dec 202501,52556.664.41$6,730
Nov 202501,31958.593.93$5,179
Oct 202501,60659.383.30$5,308
Sep 202501,56562.743.08$4,815
Aug 202501,48763.933.01$4,483
Jul 202501,47566.743.32$4,890
Jun 202501,55666.483.13$4,868
May 202501,63160.553.23$5,272
Apr 202501,58562.363.54$5,616
Mar 202501,53667.704.27$6,556
Feb 202501,42470.884.34$6,181
Jan 202501,56274.324.28$6,683
Dec 202401,60268.993.12$5,000
Nov 202401,55269.052.20$3,412
Oct 202401,59571.372.28$3,639
Sep 202401,56669.612.36$3,703
Aug 202401,69175.632.06$3,490
Jul 202401,67779.932.15$3,600
Jun 202401,58278.082.63$4,167
May 202401,67978.812.20$3,691
Apr 202401,58384.451.66$2,627
Mar 202401,72280.301.55$2,661
Feb 202401,54976.091.78$2,763
Jan 202401,69073.023.30$5,573
Dec 202301,73771.262.61$4,535
Nov 202301,66377.892.81$4,669
Oct 202301,61785.443.09$4,992
Sep 202301,70189.042.74$4,652
Aug 202301,64380.522.67$4,392
Jul 202301,73274.852.64$4,576
Jun 202301,66068.962.26$3,749
May 202301,80870.622.23$4,027
Apr 202301,78878.122.24$4,001
Mar 202301,78572.852.39$4,272
Feb 202301,57275.112.47$3,876
Jan 202301,74676.533.39$5,915
Dec 202201,70476.415.73$9,762
Nov 202201,69385.005.65$9,559
Oct 202201,71887.185.86$10,074
Sep 202201,79984.888.16$14,686
Aug 202201,84494.529.13$16,830
Jul 20220950101.587.54$7,165
Jun 20220972115.097.98$7,754
May 202201,804109.378.43$15,213
Apr 202201,600104.226.84$10,940
Mar 202201,849108.885.08$9,386
Feb 202201,65291.054.86$8,027
Jan 202201,81181.844.54$8,218
Dec 202101,87071.323.90$7,291
Nov 202101,77177.435.24$9,274
Oct 202101,69179.795.71$9,662
Sep 202101,84069.865.35$9,846
Aug 202101,78166.024.22$7,517
Jul 202101,86770.783.98$7,435
Jun 202101,85869.493.38$6,281
May 202101,97263.483.02$5,951
Apr 202101,84360.362.76$5,084
Mar 202101,91661.302.72$5,206
Feb 202101,65257.805.55$9,165
Jan 202101,95250.412.81$5,486
Dec 202001,97644.642.68$5,287
Nov 202001,93138.772.71$5,226
Oct 202001,98036.972.48$4,907
Sep 202001,87737.091.99$3,737
Aug 202001,97439.982.39$4,708
Jul 202002,04738.371.83$3,736
Jun 202001,98734.901.69$3,359
May 202002,02116.921.81$3,668
Apr 202001,97114.751.80$3,556
Mar 202002,00330.341.86$3,718
Feb 202001,88549.881.98$3,734
Jan 202002,05157.252.09$4,296
Dec 201902,07159.012.30$4,772
Nov 201901,93455.302.75$5,320
Oct 201902,02153.472.42$4,888
Sep 201901,90555.052.66$5,062
Aug 201902,07653.112.30$4,784
Jul 201902,08356.272.46$5,124
Jun 201902,07052.782.49$5,157
May 201902,15558.482.74$5,905
Apr 201902,10862.632.75$5,798
Mar 201902,20356.803.06$6,746
Feb 201902,00350.852.79$5,593
Jan 201902,21046.033.23$7,134
Dec 201802,18146.594.19$9,128
Nov 201812,16852.934.24$9,239
Oct 201802,22961.443.40$7,574
Sep 201802,15359.543.11$6,692
Aug 201802,28359.403.07$7,001
Jul 201802,32765.142.93$6,822
Jun 201802,27360.183.08$6,994
May 201802,41165.382.90$6,994
Apr 201802,34563.842.90$6,802
Mar 201802,15161.222.79$5,994
Feb 201801,97761.782.77$5,469
Jan 201802,21562.874.01$8,881
Dec 201702,27857.272.92$6,655
Nov 201702,21755.423.12$6,913
Oct 201702,20149.292.98$6,567
Sep 201702,06747.523.09$6,381
Aug 201702,23945.373.00$6,727
Jul 201702,21743.873.09$6,845
Jun 201702,12042.493.09$6,545
May 201702,24645.373.26$7,330
Apr 201702,19947.933.21$7,062
Mar 201712,23546.772.98$6,715
Feb 201702,05850.452.95$6,076
Jan 201702,26649.413.42$7,747
Dec 201602,08448.763.72$7,758
Nov 201602,22342.492.64$5,878
Oct 201602,25146.193.09$6,956
Sep 201602,18841.553.10$6,784
Aug 201602,24241.442.92$6,556
Jul 201602,27041.622.92$6,638
Jun 201602,17745.352.69$5,847
May 201602,27742.521.99$4,534
Apr 201602,21836.561.99$4,416
Mar 201602,31533.011.79$4,153
Feb 201602,26326.472.06$4,670
Jan 201602,39227.352.36$5,656
Dec 201502,37532.362.00$4,753
Nov 201502,36738.792.17$5,130
Oct 201502,46343.552.43$5,977
Sep 201502,39942.992.76$6,617
Aug 201512,50940.162.87$7,247
Jul 201502,52248.152.95$7,427
Jun 201502,51556.152.88$7,250
May 201502,52455.212.96$7,460
Apr 201502,43749.822.71$6,596
Mar 201502,55242.892.93$7,489
Feb 201502,40344.662.98$7,152
Jan 201503,00343.433.10$9,311
Dec 201402,63254.693.59$9,452
Nov 201402,64570.464.25$11,246
Oct 201402,76178.303.90$10,771
Sep 201402,63486.164.05$10,656
Aug 201402,83789.394.04$11,448
Jul 201403,05696.564.18$12,773
Jun 201402,90698.164.74$13,765
May 201403,08594.734.73$14,581
Apr 201402,84295.944.81$13,668
Mar 201402,81595.895.06$14,235
Feb 201402,64597.406.19$16,378
Jan 201402,68090.404.86$13,027
Dec 201302,69991.824.35$11,753
Nov 201302,67588.853.74$10,000
Oct 201302,70997.423.78$10,238
Sep 201302,641104.113.72$9,819
Aug 201302,703104.253.52$9,522
Jul 201302,760102.523.72$10,261
Jun 201302,73594.403.93$10,758
May 201302,75894.834.15$11,443
Apr 201302,70693.964.28$11,589
Mar 201302,84193.623.91$11,116
Feb 201302,56591.233.42$8,772
Jan 201302,57491.603.42$8,803
Dec 201202,79686.773.42$9,563
Nov 201202,75786.953.62$9,994
Oct 201202,79089.383.40$9,485
Sep 201202,62694.672.92$7,664
Aug 201202,76992.662.91$8,053
Jul 201202,81285.133.02$8,494
Jun 201202,77179.822.52$6,980
May 201202,96391.612.49$7,373
Apr 201202,932101.652.00$5,855
Mar 201202,936105.052.22$6,524
Feb 201202,706101.102.57$6,955
Jan 201202,80498.092.73$7,666
Dec 201103,02096.873.24$9,784
Nov 201103,03795.723.31$10,056
Oct 201102,42484.983.65$8,844
Sep 201102,57683.623.99$10,267
Aug 201103,20283.404.15$13,286
Jul 201103,24694.144.52$14,663
Jun 201103,18292.904.64$14,764
May 201103,32298.134.40$14,633
Apr 201103,241105.964.33$14,044
Mar 201103,35496.364.06$13,608
Feb 201103,18085.644.18$13,292
Jan 201103,56886.504.59$16,373
Dec 201003,74185.734.35$16,265
Nov 201003,76180.843.80$14,274
Oct 201003,95378.103.51$13,871
Sep 201004,00572.633.98$15,938
Aug 201004,54173.684.42$20,068
Jul 201002,55272.554.74$12,088
Jun 201003,13870.364.91$15,409
May 201003,30271.124.24$13,985
Apr 201003,43881.694.12$14,174
Mar 201003,44478.394.39$15,115
Feb 201003,21273.585.44$17,481
Jan 201004,00474.365.96$23,880
Dec 200903,60771.445.48$19,780
Nov 200903,59974.593.75$13,502
Oct 200903,63572.544.11$14,941
Sep 200903,23565.543.06$9,914
Aug 200903,17767.423.22$10,225
Jul 200902,97661.133.46$10,310
Jun 200903,25666.163.90$12,682
May 200902,73054.743.93$10,717
Apr 200904,19346.773.59$15,042
Mar 200903,69842.144.06$15,010
Feb 200903,48632.814.63$16,151
Jan 200903,78235.865.37$20,313
Dec 200803,92737.105.98$23,472
Nov 200803,79155.496.86$26,008
Oct 200803,98575.246.92$27,584
Sep 200804,061101.767.88$31,989
Aug 200804,265114.228.48$36,180
Jul 200804,320131.0811.39$49,202
Jun 200804,314131.3313.03$56,223
May 200804,768123.1711.57$55,186
Apr 200805,003110.3110.45$52,306
Mar 200805,285101.909.66$51,075
Feb 200805,14092.538.77$45,081
Jan 200804,87690.388.21$40,011
Dec 200704,63088.337.30$33,808
Nov 200705,01091.677.29$36,531
Oct 200705,60782.856.92$38,812
Sep 200706,25275.846.24$39,038
Aug 200706,78869.066.39$43,361
Jul 200707,35670.906.39$46,990
Jun 200707,75362.007.55$58,523
May 2007010,30858.747.85$80,879
Apr 2007016,26659.617.81$126,959
Mar 2007012,01456.927.30$87,726
Feb 2007010,92755.108.22$89,776
Jan 2007015,58850.306.73$104,858
Dec 2006015,99856.656.92$110,681
Nov 2006010,93954.207.62$83,328
Oct 2006013,27754.906.01$79,845
Sep 2006014,53660.085.04$73,221
Aug 2006017,28668.717.34$126,878
Jul 2006015,18469.376.34$96,308
Jun 2006017,54166.286.38$111,980
May 2006019,80766.016.42$127,260
Apr 2006020,33664.397.36$149,683
Mar 2006021,81556.707.08$154,514
Feb 2006019,98057.597.75$154,867
Jan 2006022,37360.598.93$199,865
Dec 2005022,12054.9413.42$296,749
Nov 2005015,79154.6910.59$167,201
Oct 2005023,72858.3413.80$327,346
Sep 2005023,51361.4512.08$284,014
Aug 2005018,30561.519.80$179,331
Jul 2005015,89455.697.84$124,667
Jun 2005014,61652.337.38$107,881
May 2005015,65145.226.65$104,097
Apr 2005012,81449.207.36$94,317
Mar 2005015,09650.377.15$108,010
Feb 2005012,91245.226.31$81,500
Jan 2005014,93643.166.32$94,428
Dec 2004011,87539.866.75$80,169
Nov 2004012,71545.286.33$80,491
Oct 200409,82949.706.52$64,037
Sep 200409,34743.245.28$49,389
Aug 2004011,07442.375.55$61,468
Jul 200409,72038.286.08$59,138
Jun 200409,12836.106.43$58,721
May 200409,62237.486.49$62,491
Apr 200409,48234.475.86$55,550
Mar 2004010,35134.365.53$57,242
Feb 2004010,65132.455.51$58,683
Jan 2004010,62332.036.30$66,921
Dec 2003018,42130.266.30$116,083
Nov 2003024,38028.804.60$112,030
Oct 2003027,14128.174.76$129,181
Sep 2003029,88026.314.75$141,911
Aug 2003028,30829.765.13$145,212
Jul 2003022,95629.415.17$118,702
Jun 2003024,23028.565.98$144,967
May 2003034,68526.595.97$207,162
Apr 2003039,88226.675.41$215,653
Mar 2003035,98831.146.10$219,384
Feb 2003035,44733.487.93$280,949
Jan 2003046,24230.315.58$258,125
Dec 2002053,18026.914.85$258,123
Nov 2002051,15424.664.14$211,622
Oct 2002052,06926.464.23$220,206
Sep 2002050,71627.443.64$184,363
Aug 2002060,88025.963.16$192,634
Jul 2002055,62824.583.06$170,320
Jun 2002017,95723.733.34$59,945
May 2002022,42624.663.58$80,375
Apr 2002024,18623.653.51$84,949
Mar 2002035,95322.003.10$111,552
Feb 2002026,97018.222.38$64,072
Jan 2002032,12717.172.38$76,323
Dec 2001035,00216.932.36$82,759
Nov 2001037,95518.072.41$91,302
Oct 2001045,46919.782.53$114,986
Sep 2001050,65324.262.25$114,036
Aug 2001063,99224.873.05$195,378
Jul 2001096,25123.933.20$307,722
Jun 2001096,10824.563.82$367,532
May 2001030,19825.524.31$130,072
Apr 2001036,25624.685.34$193,437
Mar 2001043,79924.545.38$235,483
Feb 2001040,64127.755.77$234,380
Jan 2001045,78327.478.40$384,520
Dec 2000047,08126.889.12$429,496
Nov 2000046,70232.215.66$264,240
Oct 2000049,49631.235.15$254,682
Sep 2000049,68131.875.19$257,671
Aug 2000052,89829.644.54$240,197
Jul 2000054,76328.534.09$223,967
Jun 2000057,00529.304.40$250,665
May 2000060,20527.263.68$221,539
Apr 2000062,09524.513.12$193,488
Mar 2000066,78828.422.86$190,997
Feb 2000068,53327.622.73$186,855
Jan 2000062,61625.272.48$155,319
Dec 1999058,94724.282.42$142,871
Nov 1999063,22223.192.43$153,882
Oct 1999066,54120.982.80$186,562
Sep 1999064,00521.752.62$167,619
Aug 1999050,33719.262.88$144,749
Jul 1999058,86517.892.37$139,650
Jun 1999063,68315.942.36$150,426
May 1999074,16115.792.32$172,129
Apr 1999077,40615.102.21$170,916
Mar 1999085,29712.471.84$156,804
Feb 1999082,4729.981.82$149,917
Jan 1999094,11110.381.90$178,806
Dec 19980103,6819.201.77$183,860
Nov 19980105,07110.892.19$229,656
Oct 19980115,42912.421.97$227,304
Sep 19980118,24112.592.08$246,251
Aug 19980127,21211.301.91$242,638
Jul 19980133,40011.742.24$298,452
Jun 19980130,36911.242.24$291,671
May 19980172,79712.622.21$381,249
Apr 19980166,55713.042.51$417,280
Mar 19980169,02012.802.31$390,342
Feb 19980147,02113.952.30$338,020
Jan 19980174,67414.702.15$376,386
Dec 19970183,27216.322.41$441,887
Nov 19970206,84418.193.09$638,788
Oct 19970234,93519.253.15$740,003
Sep 19970241,50717.742.95$713,624
Aug 19970262,72517.862.55$671,194
Jul 19970247,83317.582.25$556,866
Jun 19970261,36717.242.26$589,958
May 19970296,01618.972.31$683,353
Apr 19970308,68517.882.08$642,923
Mar 19970348,52518.951.94$675,839
Feb 19970350,49220.492.21$773,150
Jan 19970425,89923.483.54$1,507,555
Dec 19960436,35423.32$0
Nov 19960371,05321.97$0
Oct 19960381,03223.31$0
Sep 19960355,60922.22$0
Aug 19960322,51220.26$0
Jul 19960289,89819.55$0
Jun 19960280,27418.73$0
May 19960271,87719.43$0
Apr 19960262,87321.51$0
Mar 1996016,33019.38$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,509 Mcf  × $  3.05 =     $4,596

────────────────────────────────────────────────────
Month total                                   $4,596

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/159481 is the state's own key, not one this site invented.