LEONARD GU

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

Gas lease lease 171550District 04Field 460914502 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.2 M
Aug 1998 – May 2026
Value, last 12 filed months
$33 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 32 leases and 32 wells, and the rule below applies to all of them.

Discovered
1995-11-12
as the register files it
Field class
Gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1998-06-05.

The Commission's schedule remark for this field reads: TO FILE MOST CURRENT TEST OR TEST FILED ON PREVIOUS SURVEY.

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 Gas221999-03-162 dockets
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
CondensateDisposition1,176 bbl$52,548
GasProduction826,741 Mcf$3,161,935
Total$3,214,483

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 26.4313, -98.3848. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.43133, -98.38482 · 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
15,525 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 15,525 ft.

Completions filed
Sep 1998
1 of 1 wells

1 well

42-21532543115,525 ftSep 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 202601,903106.413.05$5,796
Apr 202601,65498.932.87$4,747
Mar 202601,72589.753.15$5,433
Feb 202601,35163.503.75$5,067
Jan 2026087859.138.00$7,022
Dec 2025016756.664.41$737
Nov 202508058.593.93$314
Oct 202508159.383.30$268
Sep 202508762.743.08$268
Aug 2025026663.933.01$802
Jul 2025036966.743.32$1,223
Jun 2025051766.483.13$1,618
May 2025061460.553.23$1,985
Apr 2025064262.363.54$2,275
Mar 2025085567.704.27$3,649
Feb 202501,43070.884.34$6,207
Jan 202502,08974.324.28$8,938
Dec 202402,11068.993.12$6,586
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 202404178.812.20$90
Apr 202402284.451.66$37
Mar 20240080.301.55$0
Feb 20240276.091.78$4
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220184.888.16$8
Aug 202205794.529.13$520
Jul 202202101.587.54$15
Jun 2022011115.097.98$88
May 2022065109.378.43$548
Apr 202206104.226.84$41
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 202107369.865.35$391
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210163.483.02$3
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 202004338.772.71$116
Oct 2020010936.972.48$270
Sep 20200037.091.99$0
Aug 202008639.982.39$205
Jul 2020011538.371.83$210
Jun 2020012934.901.69$218
May 2020023516.921.81$426
Apr 2020023914.751.80$431
Mar 2020020830.341.86$386
Feb 2020032149.881.98$636
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 2019035262.632.75$968
Mar 2019021656.803.06$661
Feb 2019027850.852.79$776
Jan 2019022246.033.23$717
Dec 2018021246.594.19$887
Nov 2018029052.934.24$1,229
Oct 2018022261.443.40$754
Sep 2018021759.543.11$674
Aug 201801859.403.07$55
Jul 2018018065.142.93$528
Jun 2018068160.183.08$2,095
May 2018013165.382.90$380
Apr 2018042863.842.90$1,242
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 201783057.272.92$4,753
Nov 20170355.423.12$9
Oct 2017025249.292.98$752
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017383143.873.09$2,697
Jun 2017046442.493.09$1,433
May 2017043745.373.26$1,426
Apr 20170047.933.21$0
Mar 2017116746.772.98$545
Feb 2017586850.452.95$2,815
Jan 20170049.413.42$0
Dec 201601148.763.72$41
Nov 2016054942.492.64$1,452
Oct 20160346.193.09$9
Sep 2016151041.553.10$1,623
Aug 2016023641.442.92$690
Jul 201601741.622.92$50
Jun 201602545.352.69$67
May 2016019642.521.99$390
Apr 2016017036.561.99$338
Mar 201603433.011.79$61
Feb 2016041426.472.06$854
Jan 2016027927.352.36$660
Dec 201502832.362.00$56
Nov 201503738.792.17$80
Oct 2015034243.552.43$830
Sep 201507942.992.76$218
Aug 201503240.162.87$92
Jul 201507048.152.95$206
Jun 2015054556.152.88$1,571
May 20150055.212.96$0
Apr 2015014949.822.71$403
Mar 2015016942.892.93$496
Feb 201503744.662.98$110
Jan 2015017243.433.10$533
Dec 201408054.693.59$287
Nov 201401470.464.25$60
Oct 201403378.303.90$129
Sep 201407386.164.05$295
Aug 2014019489.394.04$783
Jul 2014067896.564.18$2,834
Jun 2014023798.164.74$1,123
May 2014041094.734.73$1,938
Apr 2014029595.944.81$1,419
Mar 2014022195.895.06$1,118
Feb 2014064997.406.19$4,019
Jan 2014041190.404.86$1,998
Dec 2013063491.824.35$2,761
Nov 201301,01088.853.74$3,776
Oct 201301,39097.423.78$5,253
Sep 201302,323104.113.72$8,636
Aug 201301,239104.253.52$4,365
Jul 2013050102.523.72$186
Jun 201306294.403.93$244
May 2013035594.834.15$1,473
Apr 201301,23793.964.28$5,298
Mar 2013011493.623.91$446
Feb 201301,55891.233.42$5,328
Jan 201301,14691.603.42$3,919
Dec 2012951,05286.773.42$11,841
Nov 201201,82586.953.62$6,616
Oct 2012014489.383.40$490
Sep 2012024194.672.92$703
Aug 2012012392.662.91$358
Jul 2012831,33185.133.02$11,086
Jun 2012170779.822.52$1,861
May 201211,28891.612.49$3,297
Apr 201201,283101.652.00$2,562
Mar 201211,018105.052.22$2,367
Feb 20120993101.102.57$2,552
Jan 201201,21298.092.73$3,314
Dec 201101,29496.873.24$4,192
Nov 2011080095.723.31$2,649
Oct 201101,34584.983.65$4,907
Sep 201131,54783.623.99$6,417
Aug 201141,54583.404.15$6,744
Jul 2011030094.144.52$1,355
Jun 2011291392.904.64$4,422
May 201101,27898.134.40$5,629
Apr 201151,810105.964.33$8,373
Mar 201152,21996.364.06$9,485
Feb 2011499585.644.18$4,502
Jan 201131,41886.504.59$6,766
Dec 201021,52685.734.35$6,806
Nov 201021,41880.843.80$5,543
Oct 201031,66978.103.51$6,091
Sep 201021,95472.633.98$7,921
Aug 201001,65773.684.42$7,323
Jul 201031,23172.554.74$6,048
Jun 201011,16070.364.91$5,766
May 2010267471.124.24$2,997
Apr 201031,06881.694.12$4,648
Mar 201041,03578.394.39$4,856
Feb 201021,46773.585.44$8,131
Jan 2010028974.365.96$1,724
Dec 200961,88671.445.48$10,771
Nov 200952,56574.593.75$9,996
Oct 200911,09672.544.11$4,577
Sep 2009023765.543.06$726
Aug 2009171467.423.22$2,365
Jul 2009153361.133.46$1,908
Jun 200921,38266.163.90$5,515
May 200922,17854.743.93$8,660
Apr 200932,29246.773.59$8,363
Mar 200942,44742.144.06$10,101
Feb 200961,15232.814.63$5,534
Jan 200992,67035.865.37$14,663
Dec 200802,04237.105.98$12,205
Nov 2008041755.496.86$2,861
Oct 200832,00975.246.92$14,132
Sep 200852,167101.767.88$17,578
Aug 200811,540114.228.48$13,178
Jul 200831,941131.0811.39$22,500
Jun 200831,376131.3313.03$18,327
May 200842,314123.1711.57$27,276
Apr 200862,582110.3110.45$27,656
Mar 200802,495101.909.66$24,112
Feb 200801,02592.538.77$8,990
Jan 200801,71290.388.21$14,048
Dec 2007094688.337.30$6,908
Nov 200701,57591.677.29$11,484
Oct 200701,40182.856.92$9,698
Sep 200702,15475.846.24$13,450
Aug 200701,26569.066.39$8,081
Jul 200701,92170.906.39$12,271
Jun 200702,16362.007.55$16,327
May 200702,59158.747.85$20,330
Apr 200702,66259.617.81$20,777
Mar 200701,99656.927.30$14,575
Feb 200702,32455.108.22$19,094
Jan 200702,64350.306.73$17,779
Dec 20061592,63856.656.92$27,258
Nov 200602,66054.207.62$20,263
Oct 200602,64654.906.01$15,913
Sep 200602,66860.085.04$13,439
Aug 200602,78768.717.34$20,456
Jul 200602,66369.376.34$16,891
Jun 200602,12466.286.38$13,559
May 200602,18266.016.42$14,019
Apr 200602,11364.397.36$15,553
Mar 200602,34856.707.08$16,631
Feb 200602,24857.597.75$17,425
Jan 200602,51360.598.93$22,449
Dec 200502,47954.9413.42$33,257
Nov 200502,44954.6910.59$25,931
Oct 200502,33558.3413.80$32,213
Sep 200502,22061.4512.08$26,815
Aug 200502,23961.519.80$21,935
Jul 200502,37855.697.84$18,652
Jun 200501,82952.337.38$13,500
May 200503,33845.226.65$22,202
Apr 200502,70349.207.36$19,895
Mar 200503,22650.377.15$23,082
Feb 200502,94545.226.31$18,589
Jan 200503,02143.166.32$19,099
Dec 200402,83839.866.75$19,160
Nov 200402,81545.286.33$17,820
Oct 200402,99549.706.52$19,513
Sep 200402,82343.245.28$14,916
Aug 200403,07142.375.55$17,046
Jul 200403,09338.286.08$18,818
Jun 200403,03536.106.43$19,524
May 200403,12937.486.49$20,322
Apr 200403,14334.475.86$18,413
Mar 200403,75034.365.53$20,738
Feb 200403,51432.455.51$19,361
Jan 200403,27532.036.30$20,631
Dec 200302,46330.266.30$15,521
Nov 200302,64328.804.60$12,145
Oct 200302,65328.174.76$12,627
Sep 200302,73226.314.75$12,975
Aug 200302,89129.765.13$14,830
Jul 200303,67929.415.17$19,024
Jun 200323,80728.565.98$22,834
May 200324,56026.595.97$27,289
Apr 20031503,80826.675.41$24,591
Mar 200393,92831.146.10$24,226
Feb 200363,11133.487.93$24,858
Jan 200332,40130.315.58$13,493
Dec 200253,28726.914.85$16,089
Nov 200263,43224.664.14$14,346
Oct 200273,28126.464.23$14,061
Sep 200263,39427.443.64$12,503
Aug 200214,08725.963.16$12,958
Jul 200213,23624.583.06$9,932
Jun 20021953,45323.733.34$16,154
May 200263,95724.663.58$14,330
Apr 2002193,90423.653.51$14,161
Mar 200253,17422.003.10$9,958
Feb 200204,63018.222.38$10,999
Jan 200203,22217.172.38$7,654
Dec 200183,59516.932.36$8,635
Nov 200134,51218.072.41$10,908
Oct 200104,80819.782.53$12,159
Sep 200103,68824.262.25$8,303
Aug 200104,14024.873.05$12,640
Jul 200104,04223.933.20$12,923
Jun 200103,80524.563.82$14,551
May 200104,62925.524.31$19,939
Apr 200105,63124.685.34$30,043
Mar 200104,85724.545.38$26,113
Feb 200133,40027.755.77$19,691
Jan 200104,16827.478.40$35,006
Dec 200005,07626.889.12$46,306
Nov 200005,44532.215.66$30,808
Oct 200005,25631.235.15$27,045
Sep 200005,26031.875.19$27,281
Aug 200006,16329.644.54$27,985
Jul 200005,98128.534.09$24,461
Jun 200006,34529.304.40$27,901
May 200007,12627.263.68$26,222
Apr 200006,63024.513.12$20,659
Mar 200007,84828.422.86$22,443
Feb 200007,76827.622.73$21,179
Jan 200008,81525.272.48$21,866
Dec 199909,43424.282.42$22,865
Nov 199909,09123.192.43$22,127
Oct 199909,85620.982.80$27,633
Sep 1999010,31721.752.62$27,019
Aug 1999911,06919.262.88$32,003
Jul 1999511,92517.892.37$28,380
Jun 1999712,63515.942.36$29,957
May 19994414,41215.792.32$34,145
Apr 1999515,13515.102.21$33,494
Mar 19991517,29212.471.84$31,975
Feb 1999014,3389.981.82$26,063
Jan 1999018,56610.381.90$35,274
Dec 1998022,5009.201.77$39,900
Nov 1998232,65010.892.19$71,386
Oct 19981851,04512.421.97$100,742
Sep 199886105,14812.592.08$220,066
Aug 199802,56211.301.91$4,887

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                1,903 Mcf  × $  3.05 =     $5,796

────────────────────────────────────────────────────
Month total                                   $5,796

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/171550 is the state's own key, not one this site invented.