R & R ROYALTY

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 169955District 04Field 890722952 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.9 M
Aug 1998 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
334
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 Gas112000-01-07141054
NGPA2none

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
CondensateDisposition64,844 bbl$1,353,149
GasProduction3,356,247 Mcf$11,593,133
Total$12,946,282

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 26.4080, -98.3849. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.40803, -98.38490 · 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
16,350 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 16,350 ft.

Completions filed
Aug 1998
1 of 1 wells

1 well

42-21532558216,350 ftAug 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 (334)

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

334 months

May 2026153106.413.05$268
Apr 20260798.932.87$20
Mar 20260789.753.15$22
Feb 202602263.503.75$83
Jan 2026111659.138.00$987
Dec 2025112556.664.41$608
Nov 2025013458.593.93$526
Oct 2025015659.383.30$516
Sep 2025015262.743.08$468
Aug 20250063.933.01$0
Jul 202519466.743.32$378
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250362.363.54$11
Mar 202505167.704.27$218
Feb 20250270.884.34$9
Jan 20251274.324.28$83
Dec 2024111368.993.12$422
Nov 202403569.052.20$77
Oct 20240571.372.28$11
Sep 20240469.612.36$9
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20241178.812.20$81
Apr 20240084.451.66$0
Mar 20240180.301.55$2
Feb 20240076.091.78$0
Jan 20241573.023.30$90
Dec 202303271.262.61$84
Nov 20231077.892.81$78
Oct 20230385.443.09$9
Sep 20231189.042.74$92
Aug 20231080.522.67$81
Jul 20231074.852.64$75
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20231178.122.24$80
Mar 20230172.852.39$2
Feb 202303275.112.47$79
Jan 20230076.533.39$0
Dec 202205476.415.73$309
Nov 20220085.005.65$0
Oct 202204687.185.86$270
Sep 20220784.888.16$57
Aug 202206194.529.13$557
Jul 2022062101.587.54$468
Jun 2022010115.097.98$80
May 2022087109.378.43$734
Apr 20220101104.226.84$691
Mar 2022096108.885.08$487
Feb 202207991.054.86$384
Jan 202209881.844.54$445
Dec 2021013871.323.90$538
Nov 2021010477.435.24$545
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 202002344.642.68$62
Nov 202006438.772.71$173
Oct 2020011336.972.48$280
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 20120086.953.62$0
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 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110898.134.40$35
Apr 2011024105.964.33$104
Mar 20110396.364.06$12
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010156072.633.98$11,330
Aug 20100973.684.42$40
Jul 20100672.554.74$28
Jun 201002470.364.91$118
May 201001971.124.24$80
Apr 201003481.694.12$140
Mar 2010015578.394.39$680
Feb 2010017873.585.44$969
Jan 2010021374.365.96$1,270
Dec 200904471.445.48$241
Nov 2009014374.593.75$536
Oct 200906672.544.11$271
Sep 200907365.543.06$224
Aug 2009013967.423.22$447
Jul 2009028361.133.46$980
Jun 200905666.163.90$218
May 2009014454.743.93$565
Apr 2009013446.773.59$481
Mar 200901,48942.144.06$6,044
Feb 2009091932.814.63$4,258
Jan 2009037235.865.37$1,998
Dec 2008210237.105.98$684
Nov 20082355.496.86$132
Oct 20083375.246.92$246
Sep 200822101.767.88$219
Aug 200822114.228.48$245
Jul 20081634,379131.0811.39$71,240
Jun 200833,572131.3313.03$46,947
May 2008810,776123.1711.57$125,710
Apr 2008105,746110.3110.45$61,177
Mar 20081825,918101.909.66$75,738
Feb 200805,36792.538.77$47,072
Jan 20082015,99090.388.21$67,319
Dec 200706,00788.337.30$43,863
Nov 200705,05491.677.29$36,852
Oct 200703,49782.856.92$24,206
Sep 200704,99475.846.24$31,183
Aug 20071945,10169.066.39$45,983
Jul 200705,91570.906.39$37,785
Jun 20071725,77362.007.55$54,241
May 200705,02658.747.85$39,435
Apr 200706,21059.617.81$48,470
Mar 20071906,42556.927.30$57,730
Feb 200705,79555.108.22$47,612
Jan 20071895,79250.306.73$48,469
Dec 20062016,53156.656.92$56,571
Nov 200605,42854.207.62$41,348
Oct 20061955,61654.906.01$44,479
Sep 200606,34860.085.04$31,976
Aug 200605,29368.717.34$38,850
Jul 200606,58269.376.34$41,748
Jun 20061926,77966.286.38$56,002
May 200608,09466.016.42$52,004
Apr 200607,63964.397.36$56,227
Mar 20061906,95156.707.08$60,006
Feb 20062007,83657.597.75$72,256
Jan 200609,16660.598.93$81,883
Dec 20052089,04154.9413.42$132,716
Nov 20051978,89854.6910.59$104,990
Oct 200509,21958.3413.80$127,183
Sep 20051958,76861.4512.08$117,891
Aug 20051959,36461.519.80$103,732
Jul 20051899,45555.697.84$84,687
Jun 200509,24052.337.38$68,201
May 20051999,72545.226.65$73,681
Apr 20051939,28449.207.36$77,830
Mar 20052008,80550.377.15$73,073
Feb 2005508,03945.226.31$53,003
Jan 20051889,02643.166.32$65,178
Dec 20041709,20239.866.75$68,900
Nov 20041978,62445.286.33$63,514
Oct 20041969,05549.706.52$68,735
Sep 200409,00043.245.28$47,555
Aug 20042419,75742.375.55$64,369
Jul 20041969,77938.286.08$67,000
Jun 20042519,59936.106.43$70,812
May 200417910,40437.486.49$74,279
Apr 200418710,32034.475.86$66,905
Mar 200411410,59834.365.53$62,525
Feb 200418510,19432.455.51$62,168
Jan 200415210,88832.036.30$73,459
Dec 200317911,21630.266.30$76,096
Nov 200331811,22828.804.60$60,753
Oct 200319712,01928.174.76$62,756
Sep 200310711,55826.314.75$57,708
Aug 200322511,16029.765.13$63,944
Jul 200322411,06629.415.17$63,808
Jun 200328810,72428.565.98$72,387
May 200318011,18226.595.97$71,573
Apr 200323412,04826.675.41$71,388
Mar 200320912,81931.146.10$84,653
Feb 200322112,12733.487.93$103,516
Jan 200326912,87330.315.58$80,011
Dec 200219913,85126.914.85$72,585
Nov 200256113,38324.664.14$69,199
Oct 200219413,69626.464.23$63,055
Sep 200218613,94527.443.64$55,797
Aug 200218614,58125.963.16$50,965
Jul 200237015,70524.583.06$57,180
Jun 200218915,07623.733.34$54,812
May 200219516,66524.663.58$64,536
Apr 200237416,56823.653.51$67,037
Mar 200219117,64622.003.10$58,953
Feb 200218616,52118.222.38$42,638
Jan 200238217,94317.172.38$49,186
Dec 200155519,10016.932.36$54,556
Nov 200137019,20018.072.41$52,872
Oct 200118620,61419.782.53$55,809
Sep 200154620,00724.262.25$58,288
Aug 200117721,37524.873.05$69,663
Jul 200136922,49623.933.20$80,752
Jun 200117922,48124.563.82$90,367
May 200137124,06025.524.31$113,102
Apr 200137223,42724.685.34$134,172
Mar 200136825,01224.545.38$143,506
Feb 200137923,44527.755.77$145,726
Jan 200138127,21427.478.40$239,030
Dec 200057927,40526.889.12$265,566
Nov 200037728,06632.215.66$170,941
Oct 200055229,74131.235.15$170,271
Sep 200055230,51431.875.19$175,853
Aug 200036833,08629.644.54$161,143
Jul 200056434,98028.534.09$159,150
Jun 200074431,69729.304.40$161,179
May 200055839,86527.263.68$161,904
Apr 200073537,37324.513.12$134,469
Mar 200034342,43428.422.86$131,099
Feb 200056439,73227.622.73$123,907
Jan 200094943,84425.272.48$132,736
Dec 199994047,17924.282.42$137,172
Nov 199997247,94123.192.43$139,229
Oct 199997047,41220.982.80$153,280
Sep 19991,12653,52921.752.62$164,675
Aug 19991,13258,50219.262.88$190,031
Jul 19991,12066,63917.892.37$178,129
Jun 19991,32673,47015.942.36$194,680
May 19991,51988,08715.792.32$228,437
Apr 19991,876102,14115.102.21$253,860
Mar 19992,17990,54312.471.84$193,620
Feb 19992,15485,7179.981.82$177,312
Jan 19992,387106,52310.381.90$227,165
Dec 19983,096124,6109.201.77$249,457
Nov 19983,625140,98110.892.19$347,621
Oct 19984,542224,80612.421.97$499,102
Sep 19988,480373,77712.592.08$885,199
Aug 19984,046188,79011.301.91$405,808

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             1 bbl  × $106.41 =       $106
Gas                   53 Mcf  × $  3.05 =       $161

────────────────────────────────────────────────────
Month total                                     $268

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/169955 is the state's own key, not one this site invented.