PENNZOIL FEE

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

Gas lease lease 163430District 04Field 46089275CondensateGasSaveExport
Value, all time
$741 k
Feb 1997 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
352
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 other leases, and the rule below applies to all of them.

Discovered
1997-02-07
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 2000-06-06.

The Commission's schedule remark for this field reads: 10-1. FOR TEST DUE 4-1 PRIOR TEST TO BE FILED.

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
CondensateDisposition2,490 bbl$98,386
GasProduction144,542 Mcf$642,304
Total$740,691

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 26.3947, -98.4497. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.39471, -98.44968 · 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
12,970 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 12,970 ft.

Completions filed
Feb 1997
1 of 1 wells

1 well

42-215313221V12,970 ftFeb 1997

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 (352)

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

352 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 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012156086.953.62$13,564
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 201112583.623.99$183
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201111105.964.33$110
Mar 20112296.364.06$201
Feb 20111185.644.18$90
Jan 20110086.504.59$0
Dec 20101185.734.35$90
Nov 20100680.843.80$23
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010023572.554.74$1,113
Jun 2010027870.364.91$1,365
May 2010452471.124.24$2,504
Apr 2010555981.694.12$2,713
Mar 2010021678.394.39$948
Feb 2010014173.585.44$767
Jan 2010450174.365.96$3,285
Dec 2009752671.445.48$3,385
Nov 20092859574.593.75$4,321
Oct 20092060672.544.11$3,942
Sep 20091348565.543.06$2,338
Aug 2009853067.423.22$2,245
Jul 2009252461.133.46$1,938
Jun 2009756066.163.90$2,644
May 2009456054.743.93$2,417
Apr 20091054146.773.59$2,409
Mar 20097658242.144.06$5,565
Feb 200910752532.814.63$5,943
Jan 20092356135.865.37$3,838
Dec 20082655537.105.98$4,282
Nov 20086452755.496.86$7,167
Oct 200810654575.246.92$11,748
Sep 200832522101.767.88$7,368
Aug 200834567114.228.48$8,693
Jul 200813586131.0811.39$8,378
Jun 200835560131.3313.03$11,895
May 2008331,187123.1711.57$17,803
Apr 200826635110.3110.45$9,507
Mar 20080632101.909.66$6,108
Feb 2008056092.538.77$4,912
Jan 200801,19790.388.21$9,822
Dec 200701,28588.337.30$9,383
Nov 200701,22491.677.29$8,925
Oct 20079475582.856.92$13,014
Sep 2007063375.846.24$3,953
Aug 2007058669.066.39$3,743
Jul 2007096070.906.39$6,132
Jun 2007096862.007.55$7,307
May 200701,02558.747.85$8,042
Apr 2007092759.617.81$7,235
Mar 2007082756.927.30$6,039
Feb 2007024955.108.22$2,046
Jan 2007065650.306.73$4,413
Dec 2006059856.656.92$4,137
Nov 2006061954.207.62$4,715
Oct 2006060354.906.01$3,626
Sep 200611151560.085.04$9,263
Aug 2006063068.717.34$4,624
Jul 2006062569.376.34$3,964
Jun 2006062066.286.38$3,958
May 2006074166.016.42$4,761
Apr 2006065164.397.36$4,792
Mar 2006060256.707.08$4,264
Feb 2006043457.597.75$3,364
Jan 2006061360.598.93$5,476
Dec 2005066554.9413.42$8,921
Nov 2005058454.6910.59$6,184
Oct 2005058758.3413.80$8,098
Sep 2005041061.4512.08$4,952
Aug 2005041061.519.80$4,017
Jul 2005038955.697.84$3,051
Jun 2005036352.337.38$2,679
May 2005079845.226.65$5,308
Apr 2005055149.207.36$4,056
Mar 2005056450.377.15$4,035
Feb 2005081345.226.31$5,132
Jan 20050043.166.32$0
Dec 200406039.866.75$405
Nov 200409545.286.33$601
Oct 2004040949.706.52$2,665
Sep 2004077243.245.28$4,079
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 2004092136.106.43$5,925
May 2004068037.486.49$4,416
Apr 2004068634.475.86$4,019
Mar 2004059134.365.53$3,268
Feb 2004064432.455.51$3,548
Jan 2004072132.036.30$4,542
Dec 2003074130.266.30$4,670
Nov 2003067728.804.60$3,111
Oct 2003077628.174.76$3,693
Sep 2003053126.314.75$2,522
Aug 2003080129.765.13$4,109
Jul 2003084029.415.17$4,344
Jun 2003084228.565.98$5,038
May 2003090826.595.97$5,423
Apr 2003084826.675.41$4,585
Mar 2003092031.146.10$5,608
Feb 2003070433.487.93$5,580
Jan 2003079030.315.58$4,410
Dec 2002085826.914.85$4,165
Nov 2002091124.664.14$3,769
Oct 2002077826.464.23$3,290
Sep 2002201,42327.443.64$5,722
Aug 200201,32425.963.16$4,189
Jul 2002093124.583.06$2,851
Jun 200271,12723.733.34$3,928
May 2002131,10524.663.58$4,281
Apr 2002296223.653.51$3,426
Mar 2002068622.003.10$2,128
Feb 2002096218.222.38$2,285
Jan 20020017.172.38$0
Dec 2001065616.932.36$1,551
Nov 2001079918.072.41$1,922
Oct 2001067919.782.53$1,717
Sep 2001065724.262.25$1,479
Aug 2001087224.873.05$2,662
Jul 2001093123.933.20$2,976
Jun 2001091324.563.82$3,491
May 2001082225.524.31$3,541
Apr 2001092424.685.34$4,930
Mar 200101,03624.545.38$5,570
Feb 200101,00727.755.77$5,807
Jan 200101,22227.478.40$10,263
Dec 200001,03426.889.12$9,433
Nov 2000055332.215.66$3,129
Oct 200001,07731.235.15$5,542
Sep 200001,36431.875.19$7,074
Aug 200001,31329.644.54$5,962
Jul 200001,25828.534.09$5,145
Jun 200001,40029.304.40$6,156
May 200001,53227.263.68$5,637
Apr 200001,78824.513.12$5,571
Mar 200002,04628.422.86$5,851
Feb 200001,45927.622.73$3,978
Jan 200001,37625.272.48$3,413
Dec 199901,64324.282.42$3,982
Nov 199902,12123.192.43$5,162
Oct 199901,66020.982.80$4,654
Sep 19991362,13421.752.62$8,547
Aug 19992042,11419.262.88$10,008
Jul 199902,37317.892.37$5,630
Jun 19992752,46515.942.36$10,206
May 1999462,68015.792.32$6,947
Apr 1999472,80615.102.21$6,905
Mar 19991333,22512.471.84$7,587
Feb 1999803,2989.981.82$6,793
Jan 1999814,30110.381.90$9,012
Dec 1998886,2259.201.77$11,849
Nov 19982519,12910.892.19$22,687
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 1997534,98820.492.21$12,089

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.

Nov 2012 — as filed, then multipliedworked
Condensate           156 bbl  × $ 86.95 =    $13,564
Gas                    0 Mcf  × $  3.62 =         $0

────────────────────────────────────────────────────
Month total                                  $13,564

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/163430 is the state's own key, not one this site invented.