LAURO

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

Gas lease lease 168199District 04Field 804088002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Apr 1998 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
338
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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
1974-11-11
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 10/01/98.

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 Gas111998-07-03138980
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
CondensateDisposition1 bbl$13
GasProduction305,426 Mcf$1,084,978
Total$1,084,990

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 27.0555, -99.4113. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.05552, -99.41131 · 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
9,000 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 9,000 ft.

Completions filed
Apr 1998
1 of 1 wells

1 well

42-5053377419,000 ftApr 1998

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 (338)

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

338 months

May 20260159106.413.05$484
Apr 2026012198.932.87$347
Mar 2026013989.753.15$438
Feb 2026031963.503.75$1,196
Jan 2026015859.138.00$1,264
Dec 2025025856.664.41$1,139
Nov 2025025858.593.93$1,013
Oct 2025013359.383.30$440
Sep 2025018362.743.08$563
Aug 2025018963.933.01$570
Jul 2025031166.743.32$1,031
Jun 2025031366.483.13$979
May 2025026260.553.23$847
Apr 2025036362.363.54$1,286
Mar 2025018267.704.27$777
Feb 2025026370.884.34$1,142
Jan 2025020274.324.28$864
Dec 2024018868.993.12$587
Nov 2024021869.052.20$479
Oct 2024019471.372.28$443
Sep 2024021569.612.36$508
Aug 2024017175.632.06$353
Jul 2024017079.932.15$365
Jun 2024022978.082.63$603
May 2024031478.812.20$690
Apr 2024019884.451.66$329
Mar 2024020880.301.55$321
Feb 2024029676.091.78$528
Jan 2024028773.023.30$946
Dec 2023015671.262.61$407
Nov 2023034777.892.81$974
Oct 202308185.443.09$250
Sep 2023014089.042.74$383
Aug 2023026280.522.67$700
Jul 2023012574.852.64$330
Jun 202303168.962.26$70
May 2023016270.622.23$361
Apr 2023016178.122.24$360
Mar 202308872.852.39$211
Feb 2023021175.112.47$520
Jan 2023019176.533.39$647
Dec 2022019976.415.73$1,140
Nov 2022023385.005.65$1,316
Oct 2022026387.185.86$1,542
Sep 2022013784.888.16$1,118
Aug 202207294.529.13$657
Jul 2022065101.587.54$490
Jun 2022047115.097.98$375
May 20220113109.378.43$953
Apr 2022088104.226.84$602
Mar 2022079108.885.08$401
Feb 2022016991.054.86$821
Jan 2022010281.844.54$463
Dec 2021014571.323.90$565
Nov 2021013977.435.24$728
Oct 2021011379.795.71$646
Sep 2021010269.865.35$546
Aug 2021016766.024.22$705
Jul 2021012970.783.98$514
Jun 2021019269.493.38$649
May 2021023863.483.02$718
Apr 2021020560.362.76$565
Mar 2021025061.302.72$679
Feb 2021013857.805.55$766
Jan 2021030450.412.81$854
Dec 2020028944.642.68$773
Nov 2020029338.772.71$793
Oct 2020029036.972.48$719
Sep 2020021337.091.99$424
Aug 2020019839.982.39$472
Jul 2020027738.371.83$506
Jun 2020035034.901.69$592
May 2020037116.921.81$673
Apr 2020040314.751.80$727
Mar 2020041030.341.86$761
Feb 2020036349.881.98$719
Jan 2020038357.252.09$802
Dec 2019038859.012.30$894
Nov 2019033255.302.75$913
Oct 2019035753.472.42$863
Sep 2019032155.052.66$853
Aug 2019032653.112.30$751
Jul 2019031856.272.46$782
Jun 2019026252.782.49$653
May 2019037858.482.74$1,036
Apr 2019037562.632.75$1,032
Mar 2019037856.803.06$1,157
Feb 2019036250.852.79$1,011
Jan 2019021346.033.23$688
Dec 2018020946.594.19$875
Nov 2018031752.934.24$1,343
Oct 2018026161.443.40$887
Sep 2018035959.543.11$1,116
Aug 2018018659.403.07$570
Jul 2018015465.142.93$452
Jun 2018025260.183.08$775
May 2018033065.382.90$957
Apr 2018032563.842.90$943
Mar 2018041161.222.79$1,145
Feb 2018052061.782.77$1,438
Jan 2018029362.874.01$1,175
Dec 2017030857.272.92$900
Nov 2017029555.423.12$920
Oct 2017032149.292.98$958
Sep 2017031447.523.09$969
Aug 2017034745.373.00$1,043
Jul 2017033343.873.09$1,028
Jun 2017017142.493.09$528
May 2017023945.373.26$780
Apr 2017013647.933.21$437
Mar 2017022846.772.98$680
Feb 2017020050.452.95$591
Jan 2017054549.413.42$1,863
Dec 2016068048.763.72$2,532
Nov 2016067142.492.64$1,774
Oct 2016019546.193.09$603
Sep 20160041.553.10$0
Aug 2016048941.442.92$1,430
Jul 2016054841.622.92$1,603
Jun 2016051645.352.69$1,386
May 2016059642.521.99$1,187
Apr 2016054536.561.99$1,085
Mar 2016058733.011.79$1,053
Feb 2016032426.472.06$669
Jan 2016010527.352.36$248
Dec 2015016632.362.00$332
Nov 2015015838.792.17$342
Oct 2015014743.552.43$357
Sep 2015028442.992.76$783
Aug 2015061540.162.87$1,767
Jul 2015030548.152.95$898
Jun 2015026156.152.88$752
May 2015035355.212.96$1,043
Apr 2015032649.822.71$882
Mar 2015030242.892.93$886
Feb 2015027744.662.98$824
Jan 2015029043.433.10$899
Dec 2014024254.693.59$869
Nov 2014026170.464.25$1,110
Oct 2014027478.303.90$1,069
Sep 2014027586.164.05$1,113
Aug 2014033889.394.04$1,364
Jul 2014035896.564.18$1,496
Jun 2014035998.164.74$1,701
May 2014036794.734.73$1,735
Apr 2014036795.944.81$1,765
Mar 2014036095.895.06$1,820
Feb 2014030197.406.19$1,864
Jan 2014036590.404.86$1,774
Dec 2013040191.824.35$1,746
Nov 2013055988.853.74$2,090
Oct 2013032997.423.78$1,243
Sep 20130376104.113.72$1,398
Aug 20130270104.253.52$951
Jul 20130363102.523.72$1,350
Jun 2013035894.403.93$1,408
May 2013038494.834.15$1,593
Apr 2013045093.964.28$1,927
Mar 2013026193.623.91$1,021
Feb 2013016691.233.42$568
Jan 2013045491.603.42$1,553
Dec 2012038686.773.42$1,320
Nov 2012034786.953.62$1,258
Oct 2012040789.383.40$1,384
Sep 2012038494.672.92$1,121
Aug 2012041092.662.91$1,192
Jul 2012043485.133.02$1,311
Jun 2012079979.822.52$2,013
May 2012077391.612.49$1,923
Apr 20120857101.652.00$1,711
Mar 201201,077105.052.22$2,393
Feb 20120883101.102.57$2,270
Jan 2012095498.092.73$2,608
Dec 2011096496.873.24$3,123
Nov 2011087295.723.31$2,887
Oct 201101,10284.983.65$4,021
Sep 201101,10583.623.99$4,404
Aug 201101,04983.404.15$4,353
Jul 201101,12994.144.52$5,100
Jun 201101,11192.904.64$5,155
May 2011093198.134.40$4,101
Apr 20110650105.964.33$2,817
Mar 2011094196.364.06$3,818
Feb 2011084885.644.18$3,545
Jan 201101,02986.504.59$4,722
Dec 2010098685.734.35$4,287
Nov 2010092580.843.80$3,511
Oct 201001,10078.103.51$3,860
Sep 2010071472.633.98$2,841
Aug 2010091573.684.42$4,044
Jul 2010089472.554.74$4,234
Jun 2010086470.364.91$4,243
May 2010076671.124.24$3,244
Apr 2010094181.694.12$3,879
Mar 2010097978.394.39$4,297
Feb 2010085973.585.44$4,675
Jan 2010096774.365.96$5,767
Dec 200901,11971.445.48$6,136
Nov 2009086374.593.75$3,238
Oct 200901,12372.544.11$4,616
Sep 2009081865.543.06$2,507
Aug 2009084467.423.22$2,716
Jul 2009045961.133.46$1,590
Jun 2009044266.163.90$1,722
May 2009059054.743.93$2,316
Apr 2009054446.773.59$1,952
Mar 2009041842.144.06$1,697
Feb 2009044332.814.63$2,052
Jan 2009075635.865.37$4,060
Dec 2008054237.105.98$3,240
Nov 2008030655.496.86$2,099
Oct 2008054775.246.92$3,786
Sep 20080542101.767.88$4,269
Aug 20080432114.228.48$3,665
Jul 20080588131.0811.39$6,697
Jun 20080492131.3313.03$6,412
May 20080364123.1711.57$4,213
Apr 20080347110.3110.45$3,628
Mar 20080379101.909.66$3,663
Feb 2008032592.538.77$2,850
Jan 2008042090.388.21$3,446
Dec 2007039388.337.30$2,870
Nov 2007026591.677.29$1,932
Oct 2007048582.856.92$3,357
Sep 2007069475.846.24$4,333
Aug 2007049469.066.39$3,156
Jul 2007051270.906.39$3,271
Jun 2007041062.007.55$3,095
May 2007045258.747.85$3,547
Apr 2007025959.617.81$2,022
Mar 2007039056.927.30$2,848
Feb 2007039755.108.22$3,262
Jan 2007028950.306.73$1,944
Dec 2006023856.656.92$1,647
Nov 2006045354.207.62$3,451
Oct 2006044454.906.01$2,670
Sep 2006032360.085.04$1,627
Aug 2006021568.717.34$1,578
Jul 2006017769.376.34$1,123
Jun 2006025766.286.38$1,641
May 2006014166.016.42$906
Apr 2006042764.397.36$3,143
Mar 2006073656.707.08$5,213
Feb 2006068057.597.75$5,271
Jan 2006072660.598.93$6,486
Dec 2005070754.9413.42$9,485
Nov 2005056454.6910.59$5,972
Oct 2005068158.3413.80$9,395
Sep 200501,04561.4512.08$12,623
Aug 200501,01361.519.80$9,924
Jul 2005059655.697.84$4,675
Jun 2005066752.337.38$4,923
May 2005062945.226.65$4,184
Apr 2005064049.207.36$4,711
Mar 2005077350.377.15$5,531
Feb 2005075045.226.31$4,734
Jan 2005088443.166.32$5,589
Dec 2004090839.866.75$6,130
Nov 2004086845.286.33$5,495
Oct 2004085549.706.52$5,570
Sep 2004087743.245.28$4,634
Aug 2004057442.375.55$3,186
Jul 2004066838.286.08$4,064
Jun 2004065036.106.43$4,181
May 2004069137.486.49$4,488
Apr 2004056134.475.86$3,287
Mar 2004070834.365.53$3,915
Feb 2004058232.455.51$3,207
Jan 2004064132.036.30$4,038
Dec 2003053530.266.30$3,371
Nov 2003076528.804.60$3,515
Oct 2003071628.174.76$3,408
Sep 2003071726.314.75$3,405
Aug 2003071329.765.13$3,657
Jul 2003083629.415.17$4,323
Jun 2003053728.565.98$3,213
May 2003054626.595.97$3,261
Apr 2003089026.675.41$4,812
Mar 2003079031.146.10$4,816
Feb 2003080433.487.93$6,372
Jan 2003079230.315.58$4,421
Dec 2002062426.914.85$3,029
Nov 2002083824.664.14$3,467
Oct 200201,02026.464.23$4,314
Sep 200201,07427.443.64$3,904
Aug 2002081425.963.16$2,576
Jul 2002095024.583.06$2,909
Jun 2002083523.733.34$2,787
May 200201,11424.663.58$3,993
Apr 200201,10223.653.51$3,871
Mar 200201,24422.003.10$3,860
Feb 2002081418.222.38$1,934
Jan 200201,17517.172.38$2,791
Dec 200101,01316.932.36$2,395
Nov 200101,31618.072.41$3,166
Oct 200101,37119.782.53$3,467
Sep 200101,22524.262.25$2,758
Aug 2001097624.873.05$2,980
Jul 200101,41023.933.20$4,508
Jun 200101,59124.563.82$6,084
May 200101,54725.524.31$6,663
Apr 200101,33624.685.34$7,128
Mar 200101,38424.545.38$7,441
Feb 200101,11427.755.77$6,425
Jan 200101,21627.478.40$10,213
Dec 200001,49226.889.12$13,611
Nov 200001,62632.215.66$9,200
Oct 200001,42131.235.15$7,312
Sep 200001,70131.875.19$8,822
Aug 200001,31629.644.54$5,976
Jul 200001,49228.534.09$6,102
Jun 200001,65529.304.40$7,277
May 200001,69927.263.68$6,252
Apr 200001,86424.513.12$5,808
Mar 200001,97928.422.86$5,659
Feb 200004,58727.622.73$12,506
Jan 200004,91525.272.48$12,192
Dec 199905,07524.282.42$12,300
Nov 199905,08323.192.43$12,372
Oct 199904,42720.982.80$12,412
Sep 199904,66121.752.62$12,206
Aug 199904,57519.262.88$13,156
Jul 199905,31317.892.37$12,604
Jun 199904,94615.942.36$11,683
May 199905,10315.792.32$11,844
Apr 199903,94015.102.21$8,700
Mar 199904,63912.471.84$8,528
Feb 199904,4199.981.82$8,033
Jan 199904,70910.381.90$8,947
Dec 199805,3409.201.77$9,470
Nov 199807,87210.892.19$17,206
Oct 199804,78612.421.97$9,425
Sep 199805,10312.592.08$10,628
Aug 199806,66511.301.91$12,712
Jul 199808,20611.742.24$18,359
Jun 1998011,04311.242.24$24,706
May 1998118,41412.622.21$40,640
Apr 199804,14513.042.51$10,385

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                  159 Mcf  × $  3.05 =       $484

────────────────────────────────────────────────────
Month total                                     $484

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/168199 is the state's own key, not one this site invented.