DE AUSTIN-CASTILLO GU

Operated by MERIT ENERGY COMPANY (P-5 561136) in the JEFFRESS, NE. (T, LO.-FB,A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 164672District 04Field 460914002 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.0 M
Aug 1997 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
346
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 38 leases and 38 wells, and the rule below applies to all of them.

Discovered
1985-02-20
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 1998-06-01.

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

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 Gas111998-04-08138427
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
CondensateDisposition64,801 bbl$1,610,766
GasProduction3,843,903 Mcf$13,399,302
Total$15,010,069

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 26.4352, -98.4269. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.43521, -98.42689 · 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
12,820 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 12,820 ft.

Completions filed
Aug 1997
1 of 1 wells

1 well

42-21532448312,820 ftAug 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 (346)

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

346 months

May 20263857106.413.05$2,930
Apr 2026182498.932.87$2,464
Mar 2026289889.753.15$3,008
Feb 2026277763.503.75$3,041
Jan 2026287159.138.00$7,084
Dec 2025289956.664.41$4,081
Nov 2025185758.593.93$3,424
Oct 2025293559.383.30$3,209
Sep 2025290062.743.08$2,895
Aug 2025195263.933.01$2,934
Jul 2025294466.743.32$3,263
Jun 2025191966.483.13$2,942
May 2025195660.553.23$3,151
Apr 2025190262.363.54$3,258
Mar 2025193367.704.27$4,050
Feb 2025286470.884.34$3,892
Jan 2025396574.324.28$4,352
Dec 2024395968.993.12$3,200
Nov 2024191469.052.20$2,078
Oct 2024394571.372.28$2,370
Sep 2024190269.612.36$2,202
Aug 2024289775.632.06$2,002
Jul 2024295979.932.15$2,218
Jun 2024293978.082.63$2,629
May 2024499978.812.20$2,511
Apr 2024294384.451.66$1,734
Mar 2024297680.301.55$1,669
Feb 2024293676.091.78$1,822
Jan 202431,01673.023.30$3,569
Dec 202321,01471.262.61$2,790
Nov 2023295277.892.81$2,829
Oct 2023288185.443.09$2,891
Sep 202331,00889.042.74$3,024
Aug 2023293980.522.67$2,671
Jul 202341,02474.852.64$3,005
Jun 202311,05168.962.26$2,443
May 202321,06470.622.23$2,511
Apr 202331,03678.122.24$2,553
Mar 202311,12372.852.39$2,760
Feb 2023293675.112.47$2,458
Jan 2023398176.533.39$3,553
Dec 2022294076.415.73$5,538
Nov 2022289685.005.65$5,229
Oct 2022599387.185.86$6,259
Sep 202271,00984.888.16$8,831
Aug 2022894294.529.13$9,354
Jul 20226926101.587.54$7,593
Jun 20229893115.097.98$8,159
May 2022101,147109.378.43$10,766
Apr 2022111,154104.226.84$9,037
Mar 202271,086108.885.08$6,275
Feb 2022121,05691.054.86$6,224
Jan 2022111,17981.844.54$6,250
Dec 2021111,15371.323.90$5,280
Nov 202171,15577.435.24$6,591
Oct 202181,07579.795.71$6,781
Sep 202171,03469.865.35$6,022
Aug 2021121,17866.024.22$5,764
Jul 2021121,18270.783.98$5,556
Jun 202171,04669.493.38$4,023
May 202181,13663.483.02$3,936
Apr 202191,02960.362.76$3,382
Mar 202161,09161.302.72$3,332
Feb 20211092357.805.55$5,699
Jan 20211399750.412.81$3,457
Dec 20201095244.642.68$2,993
Nov 20201396938.772.71$3,127
Oct 2020891436.972.48$2,561
Sep 20201098637.091.99$2,334
Aug 2020780339.982.39$2,195
Jul 2020101,02238.371.83$2,249
Jun 202091,08334.901.69$2,145
May 202041,06916.921.81$2,008
Apr 202051,06714.751.80$1,999
Mar 2020387130.341.86$1,708
Feb 202061,00749.881.98$2,294
Jan 202041,09157.252.09$2,514
Dec 2019590959.012.30$2,390
Nov 201971,06955.302.75$3,328
Oct 201941,08153.472.42$2,828
Sep 201931,22855.052.66$3,428
Aug 2019111,25953.112.30$3,485
Jul 201971,07856.272.46$3,046
Jun 2019650852.782.49$1,582
May 2019871758.482.74$2,433
Apr 201920288762.632.75$15,091
Mar 2019970456.803.06$2,667
Feb 2019483150.852.79$2,524
Jan 201981,11246.033.23$3,958
Dec 201861,25146.594.19$5,516
Nov 201881,31552.934.24$5,995
Oct 201841,34861.443.40$4,826
Sep 201841,16259.543.11$3,850
Aug 201841,69759.403.07$5,442
Jul 201822,19465.142.93$6,563
Jun 201872,25660.183.08$7,363
May 201851,86565.382.90$5,737
Apr 201851,61863.842.90$5,013
Mar 20181071,74361.222.79$11,408
Feb 201841,83261.782.77$5,315
Jan 2018611,12562.874.01$8,346
Dec 20172688357.272.92$4,069
Nov 2017383455.423.12$2,767
Oct 201711,21049.292.98$3,660
Sep 201711,23347.523.09$3,854
Aug 201771,24945.373.00$4,070
Jul 201731,50443.873.09$4,775
Jun 201741,49442.493.09$4,782
May 201761,58045.373.26$5,428
Apr 2017791,42747.933.21$8,369
Mar 201751,57746.772.98$4,939
Feb 201761,29750.452.95$4,132
Jan 201781,51649.413.42$5,578
Dec 201641,78948.763.72$6,855
Nov 20161101,82642.492.64$9,502
Oct 201631,97146.193.09$6,229
Sep 201641,93541.553.10$6,166
Aug 201622,14841.442.92$6,364
Jul 201612,19441.622.92$6,458
Jun 2016742,13045.352.69$9,077
May 201632,28742.521.99$4,681
Apr 2016802,57436.561.99$8,050
Mar 2016454,32233.011.79$9,239
Feb 20161254,67326.472.06$12,952
Jan 201623,06427.352.36$7,299
Dec 201532,78932.362.00$5,679
Nov 201511,85438.792.17$4,057
Oct 2015892,02343.552.43$8,785
Sep 201521,95942.992.76$5,490
Aug 2015512,25440.162.87$8,523
Jul 2015713,55248.152.95$13,880
Jun 201524,05956.152.88$11,814
May 20151654,03455.212.96$21,032
Apr 201533,84149.822.71$10,545
Mar 201542,87742.892.93$8,615
Feb 201551,87144.662.98$5,792
Jan 20152012,09443.433.10$15,222
Dec 201412,53654.693.59$9,162
Nov 201432,03270.464.25$8,851
Oct 201432,20078.303.90$8,817
Sep 201422,88986.164.05$11,860
Aug 201452,28989.394.04$9,683
Jul 201433,00696.564.18$12,854
Jun 201442,10298.164.74$10,350
May 201412,10994.734.73$10,063
Apr 20141912,03395.944.81$28,101
Mar 201432,23795.895.06$11,600
Feb 201421,93797.406.19$12,189
Jan 201422,47490.404.86$12,206
Dec 201312,78291.824.35$12,206
Nov 201332,63688.853.74$10,121
Oct 20131881,81797.423.78$25,182
Sep 201312,807104.113.72$10,540
Aug 201312,447104.253.52$8,724
Jul 201322,158102.523.72$8,228
Jun 201312,17394.403.93$8,642
May 201312,27194.834.15$9,517
Apr 201312,10393.964.28$9,100
Mar 20131712,48093.623.91$25,713
Feb 201312,54791.233.42$8,802
Jan 201373,03591.603.42$11,021
Dec 2012883,07386.773.42$18,146
Nov 201272,44386.953.62$9,464
Oct 201292,36589.383.40$8,845
Sep 201202,42294.672.92$7,068
Aug 2012902,72292.662.91$16,255
Jul 201213,02885.133.02$9,232
Jun 20121912,71979.822.52$22,095
May 201203,57891.612.49$8,903
Apr 201242,207101.652.00$4,814
Mar 201253,056105.052.22$7,316
Feb 201272,909101.102.57$8,185
Jan 20121792,75298.092.73$25,082
Dec 201153,34396.873.24$11,315
Nov 201143,34095.723.31$11,443
Oct 201123,57784.983.65$13,221
Sep 20111863,72283.623.99$30,388
Aug 201113,66583.404.15$15,291
Jul 201103,68994.144.52$16,664
Jun 20111923,77792.904.64$35,362
May 201124,02798.134.40$17,934
Apr 201143,938105.964.33$17,488
Mar 201122,83496.364.06$11,691
Feb 201122,71985.644.18$11,537
Jan 20111813,08786.504.59$29,822
Dec 201013,07385.734.35$13,446
Nov 201013,01880.843.80$11,535
Oct 201033,31178.103.51$11,852
Sep 201003,63672.633.98$14,469
Aug 20101633,68773.684.42$28,304
Jul 201024,05772.554.74$19,361
Jun 201033,66070.364.91$18,183
May 20101793,57271.124.24$27,859
Apr 201023,72281.694.12$15,508
Mar 201004,42078.394.39$19,398
Feb 201014,17773.585.44$22,806
Jan 20101904,84974.365.96$43,048
Dec 200944,98371.445.48$27,611
Nov 20091784,75974.593.75$31,130
Oct 200955,19472.544.11$21,711
Sep 200902,89765.543.06$8,879
Aug 200913,93167.423.22$12,719
Jul 20091624,78561.133.46$26,481
Jun 200923,57766.163.90$14,065
May 200924,38154.743.93$17,308
Apr 20091815,21746.773.59$27,181
Mar 200925,84542.144.06$23,809
Feb 20091813,88032.814.63$23,915
Jan 200914,04935.865.37$21,783
Dec 200813,33437.105.98$19,965
Nov 200814,40255.496.86$30,255
Oct 20081864,97675.246.92$48,438
Sep 200813,293101.767.88$26,041
Aug 200804,440114.228.48$37,665
Jul 20081765,881131.0811.39$90,051
Jun 200824,693131.3313.03$61,425
May 200819,651123.1711.57$111,827
Apr 20081965,059110.3110.45$74,512
Mar 200804,950101.909.66$47,837
Feb 200805,01092.538.77$43,941
Jan 20081845,67490.388.21$63,189
Dec 200705,11688.337.30$37,357
Nov 200705,57391.677.29$40,637
Oct 20071843,74782.856.92$41,181
Sep 200704,84775.846.24$30,265
Aug 200704,97569.066.39$31,780
Jul 200705,39370.906.39$34,450
Jun 20071965,00262.007.55$49,909
May 200704,97458.747.85$39,027
Apr 200705,00459.617.81$39,057
Mar 200705,55756.927.30$40,577
Feb 20071915,70555.108.22$57,396
Jan 200706,68350.306.73$44,956
Dec 20061726,97256.656.92$57,979
Nov 20061887,54154.207.62$67,633
Oct 200608,77454.906.01$52,765
Sep 20061849,36660.085.04$58,233
Aug 200607,58368.717.34$55,659
Jul 20061777,09869.376.34$57,299
Jun 200606,98266.286.38$44,572
May 20061856,70666.016.42$55,298
Apr 200606,51664.397.36$47,961
Mar 20061748,08856.707.08$67,152
Feb 200606,22657.597.75$48,258
Jan 20061968,14460.598.93$84,629
Dec 20051989,89754.9413.42$143,650
Nov 200509,76154.6910.59$103,353
Oct 20051958,36158.3413.80$126,723
Sep 200506,68061.4512.08$80,688
Aug 20051988,49061.519.80$95,354
Jul 20051807,22455.697.84$66,687
Jun 200506,98052.337.38$51,520
May 200506,07345.226.65$40,392
Apr 20051926,69049.207.36$58,688
Mar 200505,83650.377.15$41,756
Feb 20051997,62945.226.31$57,152
Jan 200505,20243.166.32$32,888
Dec 200438510,62039.866.75$87,043
Nov 200408,84645.286.33$55,999
Oct 20041656,36749.706.52$49,682
Sep 200406,25243.245.28$33,035
Aug 20041908,43742.375.55$54,881
Jul 200408,12838.286.08$49,452
Jun 20041887,49636.106.43$55,009
May 200406,72837.486.49$43,696
Apr 20041746,43934.475.86$43,720
Mar 20041767,14634.365.53$45,566
Feb 200407,62832.455.51$42,027
Jan 20041777,86132.036.30$55,191
Dec 20031879,10230.266.30$63,016
Nov 20031978,49328.804.60$44,700
Oct 200308,91228.174.76$42,418
Sep 200318611,56426.314.75$59,815
Aug 200318812,80529.765.13$71,281
Jul 200319013,52429.415.17$75,518
Jun 200318215,60428.565.98$98,556
May 20031818,27826.595.97$54,255
Apr 200306,26826.675.41$33,893
Mar 200318610,07831.146.10$67,228
Feb 20031898,37133.487.93$72,675
Jan 200306,10130.315.58$34,056
Dec 20021819,59926.914.85$51,462
Nov 20021759,82424.664.14$44,957
Oct 200219210,26826.464.23$48,505
Sep 200219310,08727.443.64$41,964
Aug 200218910,71925.963.16$38,823
Jul 2002010,71924.583.06$32,819
Jun 200218511,10223.733.34$41,451
May 200218311,70124.663.58$46,449
Apr 200217811,95223.653.51$46,189
Mar 200218712,28822.003.10$42,240
Feb 200219812,17218.222.38$32,524
Jan 200276213,73317.172.38$45,709
Dec 2001015,11416.932.36$35,736
Nov 200118715,33718.072.41$40,273
Oct 200118416,70319.782.53$45,879
Sep 200137416,77924.262.25$46,848
Aug 200134018,80524.873.05$65,870
Jul 2001020,24123.933.20$64,712
Jun 200118114,54824.563.82$60,079
May 200118514,01625.524.31$65,093
Apr 200118714,27924.685.34$80,798
Mar 200119415,37124.545.38$87,402
Feb 200118814,42127.755.77$88,384
Jan 200138116,64327.478.40$150,247
Dec 200019116,78326.889.12$158,237
Nov 200018616,58532.215.66$99,829
Oct 200043518,08331.235.15$106,631
Sep 200017518,64831.875.19$102,295
Aug 200037720,74029.644.54$105,349
Jul 200018320,59728.534.09$89,458
Jun 200038121,55529.304.40$105,946
May 200037126,66027.263.68$108,216
Apr 200037325,11324.513.12$87,394
Mar 200036825,44128.422.86$83,213
Feb 200057323,16527.622.73$78,986
Jan 200040624,19125.272.48$70,265
Dec 199936926,38524.282.42$72,909
Nov 199940327,30623.192.43$75,808
Oct 199918828,01520.982.80$82,490
Sep 199976029,68921.752.62$94,281
Aug 199936231,11719.262.88$96,452
Jul 199956632,52617.892.37$87,289
Jun 199936734,72615.942.36$87,876
May 199954737,56515.792.32$95,826
Apr 199956338,26015.102.21$92,981
Mar 199992940,56812.471.84$86,162
Feb 199955840,2749.981.82$78,779
Jan 199936148,63610.381.90$96,153
Dec 19981,11752,4409.201.77$103,269
Nov 199889954,72110.892.19$129,395
Oct 19981,62661,45312.421.97$141,209
Sep 199871261,08912.592.08$136,189
Aug 19981,41165,48811.301.91$140,853
Jul 19981,42570,17911.742.24$173,739
Jun 19981,59673,33111.242.24$182,000
May 19981,44481,74012.622.21$198,570
Apr 19981,84384,10413.042.51$234,741
Mar 19982,20696,32612.802.31$250,696
Feb 19982,04098,48713.952.30$254,892
Jan 19983,129128,67614.702.15$323,266
Dec 19972,910152,95516.322.41$416,281
Nov 19973,717180,79318.193.09$625,948
Oct 19974,488241,58819.253.15$847,353
Sep 19977,238408,19117.742.95$1,334,558
Aug 199702,30117.862.55$5,878

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             3 bbl  × $106.41 =       $319
Gas                  857 Mcf  × $  3.05 =     $2,610

────────────────────────────────────────────────────
Month total                                   $2,930

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/164672 is the state's own key, not one this site invented.