FLORES, R.

Operated by MERIT ENERGY COMPANY (P-5 561136) in the TEXAN GARDENS, N. (VKS-S1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 168288District 04Field 890722952 tax incentive programmesCondensateGasSaveExport
Value, all time
$49.2 M
Mar 1998 – May 2026
Value, last 12 filed months
$464 k
at the published price for each month
Months reported
339
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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1998-03-09
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 2006-12-19.

The Commission's schedule remark for this field reads: AMENDED. STATEWIDE DENSITY IN EFFECT.

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 Gas331999-07-30 – 1999-10-083 dockets
NGPA3none

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
CondensateDisposition240,613 bbl$8,008,007
GasProduction11,093,067 Mcf$41,197,913
Total$49,205,920

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 26.4070, -98.3954. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.40696, -98.39543 · 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
15,980 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 15,980 ft.

Completions filed
May 1999
1 of 1 wells

1 well

42-21532486115,980 ftMay 1999

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 (339)

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

339 months

May 20262256,842106.413.05$44,782
Apr 20262026,43998.932.87$38,462
Mar 20262096,77689.753.15$40,098
Feb 2026256,14663.503.75$24,637
Jan 20262236,71559.138.00$66,892
Dec 20252204,88256.664.41$34,011
Nov 20252065,63958.593.93$34,211
Oct 20252107,26559.383.30$36,479
Sep 20252067,15762.743.08$34,946
Aug 20251977,58163.933.01$35,449
Jul 20252117,39166.743.32$38,585
Jun 20251947,20066.483.13$35,424
May 20251937,58360.553.23$36,197
Apr 20252077,18562.363.54$38,366
Mar 20252057,44767.704.27$45,665
Feb 2025336,55570.884.34$30,793
Jan 20252277,23874.324.28$47,840
Dec 20242237,28668.993.12$38,127
Nov 20241987,13069.052.20$29,347
Oct 2024357,52871.372.28$19,672
Sep 20241927,31069.612.36$30,649
Aug 20242047,04475.632.06$29,965
Jul 20242087,73279.932.15$33,223
Jun 2024171,92378.082.63$6,393
May 20242254,50778.812.20$27,641
Apr 2024337,35884.451.66$14,995
Mar 20242127,59480.301.55$28,757
Feb 20242137,08676.091.78$28,846
Jan 2024437,63073.023.30$28,301
Dec 20232157,96971.262.61$36,126
Nov 20232097,81977.892.81$38,231
Oct 2023254,68385.443.09$16,594
Sep 20234033,47589.042.74$45,387
Aug 2023337,70080.522.67$23,238
Jul 20232377,32274.852.64$37,083
Jun 20232706,93768.962.26$34,286
May 2023287,33270.622.23$18,309
Apr 20232173,01478.122.24$23,697
Mar 2023226,21272.852.39$16,469
Feb 2023316,96175.112.47$19,492
Jan 20232308,19976.533.39$45,378
Dec 2022278,70176.415.73$51,912
Nov 2022277,87485.005.65$46,753
Oct 20222217,74687.185.86$64,687
Sep 20222057,05184.888.16$74,963
Aug 20222168,12794.529.13$94,593
Jul 20221948,461101.587.54$83,520
Jun 20222208,515115.097.98$93,246
May 20224048,632109.378.43$116,979
Apr 2022264,033104.226.84$30,286
Mar 20222048,100108.885.08$63,330
Feb 20222187,70991.054.86$57,306
Jan 20222156,47281.844.54$46,963
Dec 20212148,93871.323.90$50,113
Nov 20212069,11977.435.24$63,705
Oct 2021278,63779.795.71$51,505
Sep 20211988,35569.865.35$58,539
Aug 2021349,42366.024.22$42,015
Jul 20214049,47270.783.98$66,313
Jun 20211908,38669.493.38$41,553
May 2021259,14763.483.02$29,190
Apr 20212098,35160.362.76$35,651
Mar 20212028,44461.302.72$35,324
Feb 20212096,59257.805.55$48,652
Jan 2021345,60450.412.81$17,463
Dec 20202113,66244.642.68$19,217
Nov 20202167,67838.772.71$29,155
Oct 20201987,39136.972.48$25,638
Sep 20203886,54537.091.99$27,422
Aug 20203873,58139.982.39$24,013
Jul 2020277,99038.371.83$15,619
Jun 20202128,51434.901.69$21,790
May 2020138,33916.921.81$15,353
Apr 2020158,30214.751.80$15,201
Mar 20201896,80630.341.86$18,368
Feb 2020197,81349.881.98$16,423
Jan 20201958,28657.252.09$28,521
Dec 2019157,15759.012.30$17,377
Nov 20192109,49455.302.75$37,728
Oct 2019119,61753.472.42$23,847
Sep 20193699,44255.052.66$45,403
Aug 20192179,49153.112.30$33,396
Jul 201920210,14656.272.46$36,326
Jun 20192019,33552.782.49$33,864
May 20192129,16458.482.74$37,510
Apr 20192157,85862.632.75$35,080
Mar 20193958,58456.803.06$48,721
Feb 20192054,71650.852.79$23,592
Jan 2019262,66846.033.23$9,810
Dec 20182107,24346.594.19$40,099
Nov 20182117,61752.934.24$43,443
Oct 20181997,62561.443.40$38,137
Sep 20182026,71459.543.11$32,894
Aug 20182059,79959.403.07$42,226
Jul 201838410,02865.142.93$54,415
Jun 20182079,36460.183.08$41,270
May 20182069,96365.382.90$42,369
Apr 20183859,81963.842.90$53,061
Mar 20181918,60961.222.79$35,685
Feb 2018424,14861.782.77$14,069
Jan 20182096,61162.874.01$39,645
Dec 20173376,55157.272.92$38,439
Nov 20171988,19155.423.12$36,516
Oct 20173819,03449.292.98$45,734
Sep 201717,29347.523.09$22,563
Aug 20171987,18045.373.00$30,555
Jul 20171079,36643.873.09$33,610
Jun 20173599,33342.493.09$44,067
May 20171408,69245.373.26$34,717
Apr 20172289,04647.933.21$39,980
Mar 20171657,18146.772.98$29,143
Feb 20173557,38450.452.95$39,712
Jan 201756,08449.413.42$21,047
Dec 2016869,07748.763.72$37,985
Nov 20162809,52642.492.64$37,087
Oct 20161917,98846.193.09$33,507
Sep 20161929,69041.553.10$38,023
Aug 201623810,12741.442.92$39,478
Jul 20161158,51341.622.92$29,681
Jun 20162909,68545.352.69$39,164
May 201618610,39142.521.99$28,598
Apr 201624610,27436.561.99$29,450
Mar 20161839,30133.011.79$22,727
Feb 20163099,70226.472.06$28,201
Jan 201623510,35127.352.36$30,901
Dec 201515910,41032.362.00$25,980
Nov 201518010,48338.792.17$29,702
Oct 201536610,54043.552.43$41,515
Sep 201517310,74242.992.76$37,068
Aug 201517411,14340.162.87$38,996
Jul 201518211,13748.152.95$41,563
Jun 201538710,89456.152.88$53,136
May 201519911,31455.212.96$44,425
Apr 201518610,02249.822.71$36,392
Mar 201519411,89042.892.93$43,214
Feb 20151988,66844.662.98$34,640
Jan 201536711,00343.433.10$50,055
Dec 201419611,28254.693.59$51,237
Nov 201419611,11170.464.25$61,052
Oct 201438311,82178.303.90$76,102
Sep 201418011,52186.164.05$62,116
Aug 201418711,32789.394.04$62,422
Jul 201438511,43596.564.18$84,969
Jun 201420011,57398.164.74$74,452
May 201419611,87094.734.73$74,671
Apr 201419711,99395.944.81$76,576
Mar 201437410,99595.895.06$91,462
Feb 201438810,41797.406.19$102,293
Jan 201418711,30090.404.86$71,831
Dec 201345311,50791.824.35$91,701
Nov 201319611,99688.853.74$62,259
Oct 201320311,43297.423.78$62,982
Sep 201338011,820104.113.72$83,505
Aug 201319411,967104.253.52$62,380
Jul 201319611,272102.523.72$62,000
Jun 201338911,63894.403.93$82,499
May 201319911,23494.834.15$65,482
Apr 201318211,14193.964.28$64,813
Mar 201338711,19693.623.91$80,039
Feb 201320010,14991.233.42$52,955
Jan 201341211,87491.603.42$78,347
Dec 201220412,04686.773.42$58,900
Nov 201220311,54286.953.62$59,490
Oct 201237212,18089.383.40$74,657
Sep 201219311,78794.672.92$52,670
Aug 201233312,22292.662.91$66,399
Jul 201231012,09685.133.02$62,930
Jun 201219912,40979.822.52$47,143
May 201228513,17991.612.49$58,902
Apr 201238713,127101.652.00$65,551
Mar 201219413,734105.052.22$50,898
Feb 201222012,684101.102.57$54,843
Jan 201239213,03198.092.73$74,079
Dec 201141213,16396.873.24$82,555
Nov 201120712,84495.723.31$62,344
Oct 201119413,40884.983.65$65,406
Sep 201138612,97383.623.99$83,985
Aug 201120413,61483.404.15$73,502
Jul 201141113,73794.144.52$100,745
Jun 201122713,40392.904.64$83,277
May 201121114,32198.134.40$83,787
Apr 201121114,047105.964.33$83,227
Mar 201121514,33496.364.06$78,875
Feb 201121212,83585.644.18$71,806
Jan 201138814,27486.504.59$99,062
Dec 201019314,40685.734.35$79,180
Nov 201019213,82580.843.80$67,992
Oct 201019114,48278.103.51$65,733
Sep 201038318,31072.633.98$100,681
Aug 201015514,23273.684.42$74,317
Jul 201022114,77372.554.74$86,006
Jun 201040814,46270.364.91$99,721
May 201020115,39771.124.24$79,505
Apr 201041414,94381.694.12$95,425
Mar 201059515,81778.394.39$116,058
Feb 201021614,45373.585.44$94,552
Jan 201041716,67874.365.96$130,477
Dec 200942315,73471.445.48$116,500
Nov 200939415,17274.593.75$86,306
Oct 200940816,27472.544.11$96,487
Sep 200919515,32665.543.06$59,751
Aug 200940516,15467.423.22$79,297
Jul 200941216,55761.133.46$82,547
Jun 200921816,58466.163.90$79,018
May 200922417,74154.743.93$81,908
Apr 200942616,32546.773.59$78,490
Mar 200922116,79842.144.06$77,496
Feb 200961415,32932.814.63$91,165
Jan 200941216,76035.865.37$104,792
Dec 200840616,39337.105.98$113,046
Nov 200840316,50855.496.86$135,613
Oct 200840917,26975.246.92$150,309
Sep 200842015,218101.767.88$162,613
Aug 200841917,479114.228.48$196,133
Jul 200857618,226131.0811.39$283,086
Jun 200841718,704131.3313.03$298,527
May 200842240,370123.1711.57$519,232
Apr 200839218,689110.3110.45$238,632
Mar 200838818,247101.909.66$215,877
Feb 200840216,51392.538.77$182,026
Jan 200855817,71290.388.21$195,772
Dec 200739517,59988.337.30$163,398
Nov 200720317,38491.677.29$145,368
Oct 200738118,42482.856.92$159,096
Sep 200759117,24475.846.24$152,496
Aug 200719418,57369.066.39$132,041
Jul 200739317,72370.906.39$141,077
Jun 200738617,79462.007.55$158,249
May 200758920,49558.747.85$195,407
Apr 200739420,14859.617.81$180,746
Mar 200759220,87256.927.30$186,103
Feb 200740119,00455.108.22$178,232
Jan 200759021,56850.306.73$174,762
Dec 200660121,62656.656.92$183,665
Nov 200659521,18054.207.62$193,587
Oct 200658821,06954.906.01$158,986
Sep 200638521,16860.085.04$129,758
Aug 200657922,34968.717.34$203,823
Jul 200639522,50669.376.34$170,151
Jun 200658722,09766.286.38$179,971
May 200658025,68366.016.42$203,299
Apr 200658024,68664.397.36$219,047
Mar 200657025,91556.707.08$215,873
Feb 200639924,05657.597.75$209,439
Jan 200662526,83060.598.93$277,550
Dec 200577427,34754.9413.42$409,395
Nov 200559326,86354.6910.59$316,867
Oct 200557927,79758.3413.80$417,260
Sep 200559127,33461.4512.08$366,484
Aug 200559028,94361.519.80$319,841
Jul 200559829,31555.697.84$263,239
Jun 200558928,72452.337.38$242,835
May 200578729,84245.226.65$234,072
Apr 200538629,14149.207.36$233,483
Mar 200556727,81050.377.15$227,537
Feb 200579725,53445.226.31$197,209
Jan 200542828,21043.166.32$196,822
Dec 200463528,39839.866.75$217,028
Nov 200463427,14645.286.33$200,553
Oct 200440529,01149.706.52$209,138
Sep 200457328,13443.245.28$173,434
Aug 200471229,37642.375.55$193,224
Jul 200458329,47238.286.08$201,630
Jun 200458229,35436.106.43$209,845
May 200447831,38337.486.49$221,735
Apr 200477729,88334.475.86$201,852
Mar 200450031,37034.365.53$190,660
Feb 200437029,89232.455.51$176,700
Jan 200448132,84232.036.30$222,299
Dec 200339332,00630.266.30$213,582
Nov 200338631,79928.804.60$157,238
Oct 200355133,59628.174.76$175,427
Sep 200339032,71826.314.75$165,650
Aug 200352734,17729.765.13$191,002
Jul 200350833,80529.415.17$189,741
Jun 200357932,92428.565.98$213,519
May 200347934,85326.595.97$220,902
Apr 200347734,47426.675.41$199,132
Mar 200366536,58431.146.10$243,726
Feb 200374433,43833.487.93$289,935
Jan 200359735,25230.315.58$214,873
Dec 200282937,97626.914.85$206,635
Nov 200278637,46424.664.14$174,370
Oct 20021,04039,26826.464.23$193,587
Sep 200277438,99027.443.64$162,975
Aug 200276540,60225.963.16$148,331
Jul 200277938,45724.583.06$136,894
Jun 200256134,88123.733.34$129,754
May 200274538,02024.663.58$154,635
Apr 200258348,88723.653.51$185,495
Mar 200274759,22722.003.10$200,199
Feb 200276346,89118.222.38$125,300
Jan 200290854,20217.172.38$144,357
Dec 200175958,16316.932.36$150,370
Nov 20011,12155,45318.072.41$153,650
Oct 20011,10856,21619.782.53$164,080
Sep 200175250,15624.262.25$131,161
Aug 200182054,76524.873.05$187,600
Jul 200193353,87523.933.20$194,569
Jun 200191360,36524.563.82$253,269
May 20011,30665,54825.524.31$315,665
Apr 200174164,13624.685.34$360,474
Mar 200191868,49424.545.38$390,782
Feb 20011,12565,35627.755.77$408,132
Jan 20011,11473,64027.478.40$649,086
Dec 20001,12374,78626.889.12$712,422
Nov 20001,12777,92432.215.66$477,195
Oct 20001,12780,26031.235.15$448,174
Sep 20001,31682,05231.875.19$467,504
Aug 20001,14187,89129.644.54$432,910
Jul 20001,31192,94028.534.09$417,504
Jun 20001,30197,87529.304.40$468,500
May 20001,866116,26427.263.68$478,690
Apr 20001,196104,99424.513.12$356,475
Mar 20001,700123,07928.422.86$400,289
Feb 20002,053120,80527.622.73$386,079
Jan 20002,635129,31125.272.48$387,342
Dec 19992,491142,80524.282.42$406,601
Nov 19993,228142,07223.192.43$420,659
Oct 19993,208127,48020.982.80$424,721
Sep 19993,624139,45821.752.62$444,042
Aug 19993,729140,75619.262.88$476,578
Jul 19995,387206,53517.892.37$586,351
Jun 19993,156148,47515.942.36$401,019
May 19994,018207,57615.792.32$545,232
Apr 19992,418105,79715.102.21$270,117
Mar 19993,107124,53212.471.84$267,675
Feb 19993,036117,9689.981.82$244,740
Jan 19993,606138,94510.381.90$301,419
Dec 19983,641155,0099.201.77$308,378
Nov 19983,566165,44710.892.19$400,455
Oct 19984,594191,31612.421.97$433,799
Sep 19984,054197,01512.592.08$461,347
Aug 19985,740228,28111.301.91$500,274
Jul 19986,474270,68711.742.24$681,605
Jun 19987,633312,67311.242.24$785,329
May 199810,152411,66612.622.21$1,036,393
Apr 199815,595613,66513.042.51$1,740,792
Mar 199815,458492,22912.802.31$1,334,636

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           225 bbl  × $106.41 =    $23,942
Gas                6,842 Mcf  × $  3.05 =    $20,840

────────────────────────────────────────────────────
Month total                                  $44,782

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/168288 is the state's own key, not one this site invented.