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 170599District 04Field 890722952 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.1 M
May 1998 – May 2026
Value, last 12 filed months
$96 k
at the published price for each month
Months reported
337
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 Gas331999-07-07 – 1999-09-223 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
CondensateDisposition42,824 bbl$1,293,045
GasProduction2,364,564 Mcf$8,813,584
Total$10,106,629

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 26.4068, -98.3883. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.40679, -98.38830 · 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
15,968 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 15,968 ft.

Completions filed
May 1998
1 of 1 wells

1 well

42-21532516115,968 ftMay 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 (337)

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

337 months

May 2026111,485106.413.05$5,694
Apr 202651,47998.932.87$4,739
Mar 202661,71689.753.15$5,943
Feb 202661,65463.503.75$6,584
Jan 202691,74959.138.00$14,521
Dec 202591,85356.664.41$8,688
Nov 202561,64758.593.93$6,818
Oct 202562,05959.383.30$7,161
Sep 202562,05862.743.08$6,709
Aug 20251812,36963.933.01$18,713
Jul 202581,70266.743.32$6,176
Jun 202531,36866.483.13$4,480
May 202521,38860.553.23$4,608
Apr 202551,47962.363.54$5,552
Mar 202551,47367.704.27$6,626
Feb 202581,33470.884.34$6,358
Jan 2025101,49174.324.28$7,123
Dec 2024101,46468.993.12$5,260
Nov 202451,44069.052.20$3,511
Oct 202491,45471.372.28$3,959
Sep 202421,40769.612.36$3,466
Aug 202471,38075.632.06$3,377
Jul 20241881,44579.932.15$18,129
Jun 202481,65778.082.63$4,989
May 2024131,51978.812.20$4,364
Apr 202481,53084.451.66$3,214
Mar 202481,54080.301.55$3,022
Feb 202481,49576.091.78$3,275
Jan 2024111,57573.023.30$5,997
Dec 20231851,75671.262.61$17,768
Nov 202381,64177.892.81$5,230
Oct 202381,72185.443.09$5,997
Sep 2023101,63989.042.74$5,373
Aug 20232011,64280.522.67$20,573
Jul 2023141,53874.852.64$5,111
Jun 202351,42868.962.26$3,570
May 202381,46870.622.23$3,835
Apr 2023101,49578.122.24$4,127
Mar 202351,46572.852.39$3,870
Feb 202371,47075.112.47$4,150
Jan 20231911,72776.533.39$20,468
Dec 202261,83276.415.73$10,954
Nov 202261,69685.005.65$10,086
Oct 202281,79787.185.86$11,235
Sep 202251,63484.888.16$13,764
Aug 20221931,89494.529.13$35,529
Jul 202231,732101.587.54$13,368
Jun 202271,934115.097.98$16,234
May 202272,114109.378.43$18,593
Apr 202262,289104.226.84$16,277
Mar 202241,527108.885.08$8,187
Feb 202281,52391.054.86$8,128
Jan 202281,03381.844.54$5,342
Dec 2021693171.323.90$4,058
Nov 2021598677.435.24$5,551
Oct 2021689679.795.71$5,598
Sep 2021485469.865.35$4,849
Aug 20213621,04466.024.22$28,306
Jul 202192,16870.783.98$9,270
Jun 202151,99969.493.38$7,105
May 202162,38763.483.02$7,584
Apr 202161,59760.362.76$4,767
Mar 2021455461.302.72$1,750
Feb 2021663957.805.55$3,892
Jan 202181,23650.412.81$3,877
Dec 202061,70344.642.68$4,824
Nov 202081,90238.772.71$5,458
Oct 202041,71536.972.48$4,398
Sep 202051,81237.091.99$3,793
Aug 202031,97039.982.39$4,819
Jul 202061,56438.371.83$3,085
Jun 2020564934.901.69$1,272
May 202031,04016.921.81$1,938
Apr 2020376014.751.80$1,416
Mar 202021,02330.341.86$1,960
Feb 2020478649.881.98$1,756
Jan 202031,50457.252.09$3,322
Dec 201931,23159.012.30$3,014
Nov 201951,91955.302.75$5,555
Oct 201921,15453.472.42$2,898
Sep 201922,15855.052.66$5,845
Aug 20191902,16853.112.30$15,087
Jul 201953,06356.272.46$7,817
Jun 201931,61852.782.49$4,189
May 2019498958.482.74$2,944
Apr 2019472262.632.75$2,237
Mar 201961,78256.803.06$5,797
Feb 201931,81350.852.79$5,215
Jan 201962,83746.033.23$9,435
Dec 201851,15846.594.19$5,080
Nov 2018571852.934.24$3,307
Oct 201818478661.443.40$13,976
Sep 2018296459.543.11$3,115
Aug 201822,25059.403.07$7,019
Jul 201811,90865.142.93$5,659
Jun 201841,68260.183.08$5,416
May 201831,79065.382.90$5,389
Apr 20181371,57963.842.90$13,326
Mar 201831,48461.222.79$4,319
Feb 201831,52361.782.77$4,398
Jan 201841,45762.874.01$6,093
Dec 2017731,29157.272.92$7,952
Nov 201731,86755.423.12$5,988
Oct 2017721,38349.292.98$7,675
Sep 201711,91047.523.09$5,944
Aug 201751,42345.373.00$4,502
Jul 201731,77843.873.09$5,621
Jun 201731,76342.493.09$5,570
May 201771,83445.373.26$6,303
Apr 20171161,63847.933.21$10,820
Mar 201741,69146.772.98$5,232
Feb 201761,56450.452.95$4,921
Jan 2017386749.413.42$3,112
Dec 201641,81648.763.72$6,956
Nov 201631,40942.492.64$3,853
Oct 201631,52146.193.09$4,839
Sep 201631,89141.553.10$5,988
Aug 201612,60641.442.92$7,662
Jul 201622,69241.622.92$7,956
Jun 201622,63745.352.69$7,173
May 201632,69942.521.99$5,501
Apr 201622,64236.561.99$5,333
Mar 201652,70833.011.79$5,023
Feb 201652,56026.472.06$5,415
Jan 2016892,70227.352.36$8,823
Dec 201532,74932.362.00$5,599
Nov 201512,60638.792.17$5,687
Oct 201542,91743.552.43$7,253
Sep 201512,37642.992.76$6,597
Aug 201522,62240.162.87$7,612
Jul 201512,94948.152.95$8,733
Jun 20151902,73456.152.88$18,550
May 201532,87255.212.96$8,654
Apr 201522,62449.822.71$7,202
Mar 20151962,85442.892.93$16,782
Feb 201532,57544.662.98$7,798
Jan 201522,85343.433.10$8,933
Dec 201412,84154.693.59$10,258
Nov 201422,74770.464.25$11,821
Oct 20141832,89578.303.90$25,622
Sep 201412,68486.164.05$10,944
Aug 201442,71589.394.04$11,313
Jul 201422,90096.564.18$12,314
Jun 201422,77098.164.74$13,317
May 201412,87494.734.73$13,679
Apr 201412,81295.944.81$13,619
Mar 201412,79995.895.06$14,250
Feb 201422,66797.406.19$16,709
Jan 201412,94290.404.86$14,391
Dec 201312,94991.824.35$12,933
Nov 2013302,89088.853.74$13,469
Oct 201332,86397.423.78$11,113
Sep 20131882,967104.113.72$30,603
Aug 201322,995104.253.52$10,759
Jul 201322,751102.523.72$10,433
Jun 201312,86894.403.93$11,375
May 20131952,84894.834.15$30,308
Apr 201322,77893.964.28$12,085
Mar 201302,74393.623.91$10,733
Feb 201312,44291.233.42$8,443
Jan 2013123,11391.603.42$11,745
Dec 201273,12086.773.42$11,278
Nov 2012553,07386.953.62$15,922
Oct 2012103,25989.383.40$11,973
Sep 201212,56594.672.92$7,580
Aug 201223,18792.662.91$9,454
Jul 201213,17085.133.02$9,661
Jun 20121943,02279.822.52$23,098
May 201223,23191.612.49$8,223
Apr 201273,181101.652.00$7,063
Mar 20121903,362105.052.22$27,430
Feb 2012173,254101.102.57$10,082
Jan 2012113,39598.092.73$10,361
Dec 2011133,66096.873.24$13,117
Nov 201154,58695.723.31$15,664
Oct 201185,17984.983.65$19,576
Sep 201163,08983.623.99$12,814
Aug 201143,27483.404.15$13,918
Jul 201193,23294.144.52$15,447
Jun 20111923,15092.904.64$32,452
May 201163,28498.134.40$15,054
Apr 201193,255105.964.33$15,058
Mar 20112033,37496.364.06$33,251
Feb 201183,09085.644.18$13,601
Jan 201163,37886.504.59$16,020
Dec 20101983,40985.734.35$31,796
Nov 201053,31080.843.80$12,967
Oct 20101993,31378.103.51$27,167
Sep 201033,05472.633.98$12,371
Aug 201053,02773.684.42$13,746
Jul 20101993,86972.554.74$32,763
Jun 201053,87170.364.91$19,360
May 201002,76871.124.24$11,723
Apr 20101933,49981.694.12$30,191
Mar 201053,64978.394.39$16,406
Feb 201043,32273.585.44$18,374
Jan 20101973,90274.365.96$37,921
Dec 200994,02071.445.48$22,688
Nov 20091974,02974.593.75$29,809
Oct 200954,27172.544.11$17,918
Sep 200904,20465.543.06$12,884
Aug 20091984,30067.423.22$27,189
Jul 2009104,62461.133.46$16,631
Jun 200901,93266.163.90$7,525
May 2009235,56054.743.93$23,086
Apr 2009312,67746.773.59$11,054
Mar 2009164,76142.144.06$19,999
Feb 200954,01132.814.63$18,747
Jan 200963,99435.865.37$21,667
Dec 2008124,34337.105.98$26,404
Nov 2008104,02755.496.86$28,182
Oct 2008146,17575.246.92$43,797
Sep 200865,982101.767.88$47,731
Aug 20081872,957114.228.48$46,443
Jul 200873,495131.0811.39$40,724
Jun 2008123,612131.3313.03$48,650
May 200889,527123.1711.57$111,254
Apr 20081754,527110.3110.45$66,633
Mar 200805,785101.909.66$55,907
Feb 20081983,91492.538.77$52,649
Jan 200804,05990.388.21$33,307
Dec 200703,40188.337.30$24,834
Nov 200703,72891.677.29$27,183
Oct 200703,77582.856.92$26,130
Sep 200703,16375.846.24$19,750
Aug 20071953,73569.066.39$37,326
Jul 200703,26570.906.39$20,857
Jun 200702,58762.007.55$19,528
May 200703,63258.747.85$28,498
Apr 20071964,48559.617.81$46,690
Mar 200704,93756.927.30$36,050
Feb 20071974,87755.108.22$50,924
Jan 200705,30150.306.73$35,659
Dec 20062084,46256.656.92$42,653
Nov 200604,87954.207.62$37,166
Oct 200604,85954.906.01$29,221
Sep 20061965,86760.085.04$41,329
Aug 200605,69368.717.34$41,786
Jul 20061985,12969.376.34$46,267
Jun 200605,40966.286.38$34,530
May 20061946,57666.016.42$55,057
Apr 20061945,77464.397.36$54,991
Mar 200606,34656.707.08$44,948
Feb 200605,65357.597.75$43,817
Jan 20061946,05160.598.93$65,810
Dec 200506,05254.9413.42$81,190
Nov 20052045,75554.6910.59$72,093
Oct 200506,93458.3413.80$95,660
Sep 20051956,27861.4512.08$87,815
Aug 20052006,61361.519.80$77,089
Jul 200505,87055.697.84$46,042
Jun 200508,17652.337.38$60,347
May 20051928,92845.226.65$68,064
Apr 20052026,70049.207.36$59,254
Mar 200506,32550.377.15$45,255
Feb 20051715,73645.226.31$43,938
Jan 20051946,64743.166.32$50,397
Dec 200406,87439.866.75$46,407
Nov 20041536,28645.286.33$46,721
Oct 2004946,63949.706.52$47,926
Sep 20041566,11243.245.28$39,041
Aug 20041936,78142.375.55$45,816
Jul 200406,54338.286.08$39,809
Jun 20041348,23936.106.43$57,839
May 20041853,47837.486.49$29,522
Apr 20041947,13234.475.86$48,470
Mar 200407,36934.365.53$40,752
Feb 20041987,58632.455.51$48,221
Jan 200407,27632.036.30$45,836
Dec 200307,22330.266.30$45,517
Nov 200306,17528.804.60$28,375
Oct 200306,31428.174.76$30,052
Sep 200306,63626.314.75$31,517
Aug 2003986,64829.765.13$37,019
Jul 200306,28729.415.17$32,509
Jun 200306,55728.565.98$39,230
May 20031147,16026.595.97$45,796
Apr 2003917,75526.675.41$44,360
Mar 2003838,17031.146.10$52,389
Feb 20031919,16633.487.93$79,043
Jan 20031929,20030.315.58$57,174
Dec 20021885,51126.914.85$31,808
Nov 200204,48424.664.14$18,550
Oct 20021886,20226.464.23$31,203
Sep 20023719,16127.443.64$43,482
Aug 200208,64125.963.16$27,342
Jul 200218810,53824.583.06$36,886
Jun 20021919,91023.733.34$37,614
May 20021959,54124.663.58$39,004
Apr 2002010,21923.653.51$35,892
Mar 200218412,07722.003.10$41,520
Feb 200219710,10118.222.38$27,586
Jan 200218810,10517.172.38$27,234
Dec 2001012,07716.932.36$28,555
Nov 200135710,92518.072.41$32,731
Oct 200118611,68919.782.53$33,239
Sep 2001012,27024.262.25$27,624
Aug 200135912,59824.873.05$47,392
Jul 200119014,26223.933.20$50,143
Jun 200109,85124.563.82$37,672
May 200118113,63225.524.31$63,337
Apr 200118612,73824.685.34$72,552
Mar 200119412,83724.545.38$73,778
Feb 2001012,67327.755.77$73,086
Jan 200119514,83327.478.40$129,935
Dec 200018714,96226.889.12$141,517
Nov 200018215,65632.215.66$94,444
Oct 200018818,60731.235.15$101,614
Sep 200019314,40131.875.19$80,842
Aug 200018515,33029.644.54$75,093
Jul 200036416,29328.534.09$77,019
Jun 200037817,27029.304.40$87,016
May 200037718,61227.263.68$78,765
Apr 200037417,28224.513.12$63,017
Mar 200018619,71828.422.86$61,675
Feb 200056918,58027.622.73$66,374
Jan 200018820,51025.272.48$55,626
Dec 199955821,48724.282.42$65,627
Nov 199940322,10023.192.43$63,137
Oct 199957522,38020.982.80$74,811
Sep 199957123,31221.752.62$73,470
Aug 199919524,91919.262.88$75,413
Jul 199974126,58717.892.37$76,331
Jun 199957527,68515.942.36$74,560
May 199958330,47615.792.32$79,941
Apr 199972432,15515.102.21$81,932
Mar 199992833,99712.471.84$74,070
Feb 199954330,7419.981.82$61,300
Jan 199972936,66910.381.90$77,236
Dec 199892541,0919.201.77$81,377
Nov 19981,09644,79710.892.19$109,849
Oct 19981,11052,48412.421.97$117,138
Sep 19981,47756,26812.592.08$135,780
Aug 19981,65467,73411.301.91$147,883
Jul 19982,22991,93311.742.24$231,847
Jun 19983,378137,03611.242.24$344,555
May 19984,402183,11112.622.21$459,558

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            11 bbl  × $106.41 =     $1,171
Gas                1,485 Mcf  × $  3.05 =     $4,523

────────────────────────────────────────────────────
Month total                                   $5,694

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/170599 is the state's own key, not one this site invented.