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 172375District 04Field 890722952 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Jan 1999 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
329
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 Gas111999-06-24140688
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
CondensateDisposition6,664 bbl$153,145
GasProduction387,693 Mcf$1,363,875
Total$1,517,020

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 26.4094, -98.3816. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.40940, -98.38156 · 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
13,180 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 13,180 ft.

Completions filed
Jan 1999
1 of 1 wells

1 well

42-21532606313,180 ftJan 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 (329)

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

329 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20241071.372.28$71
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20231071.262.61$71
Nov 20232077.892.81$156
Oct 20232085.443.09$171
Sep 20232089.042.74$178
Aug 20232080.522.67$161
Jul 20233074.852.64$225
Jun 20231068.962.26$69
May 20231070.622.23$71
Apr 20232078.122.24$156
Mar 20231072.852.39$73
Feb 20231075.112.47$75
Jan 20231076.533.39$77
Dec 20221076.415.73$76
Nov 20221085.005.65$85
Oct 20221087.185.86$87
Sep 20221084.888.16$85
Aug 20221094.529.13$95
Jul 202210101.587.54$102
Jun 202211115.097.98$123
May 202210109.378.43$109
Apr 202214104.226.84$132
Mar 202210108.885.08$109
Feb 202212591.054.86$213
Jan 2022112181.844.54$631
Dec 20211071.323.90$71
Nov 20211077.435.24$77
Oct 20211079.795.71$80
Sep 20211069.865.35$70
Aug 20211066.024.22$66
Jul 20212070.783.98$142
Jun 20211069.493.38$69
May 20211063.483.02$63
Apr 20211060.362.76$60
Mar 20211061.302.72$61
Feb 20211057.805.55$58
Jan 20212050.412.81$101
Dec 20201144.642.68$47
Nov 20201138.772.71$41
Oct 20201136.972.48$39
Sep 20201137.091.99$39
Aug 20200039.982.39$0
Jul 20201138.371.83$40
Jun 20201134.901.69$37
May 20201116.921.81$19
Apr 20201114.751.80$17
Mar 20200030.341.86$0
Feb 20201149.881.98$52
Jan 20201157.252.09$59
Dec 20191159.012.30$61
Nov 20191155.302.75$58
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20191153.112.30$55
Jul 20191156.272.46$59
Jun 20191152.782.49$55
May 20191158.482.74$61
Apr 20191162.632.75$65
Mar 20191156.803.06$60
Feb 20191150.852.79$54
Jan 20191146.033.23$49
Dec 20181146.594.19$51
Nov 20181152.934.24$57
Oct 20180161.443.40$3
Sep 20180059.543.11$0
Aug 20181059.403.07$59
Jul 20180165.142.93$3
Jun 20181160.183.08$63
May 20181165.382.90$68
Apr 20181163.842.90$67
Mar 20181161.222.79$64
Feb 20181161.782.77$65
Jan 20181162.874.01$67
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 201707250.452.95$213
Jan 2017018649.413.42$636
Dec 201601,49648.763.72$5,569
Nov 2016225042.492.64$746
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 2015016643.433.10$515
Dec 201405954.693.59$212
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 201301091.603.42$34
Dec 20120086.773.42$0
Nov 20120386.953.62$11
Oct 2012011689.383.40$394
Sep 2012011394.672.92$330
Aug 201213310092.662.91$12,615
Jul 201207185.133.02$214
Jun 201208779.822.52$219
May 2012013391.612.49$331
Apr 20120162101.652.00$323
Mar 20120120105.052.22$267
Feb 20122214101.102.57$752
Jan 2012221698.092.73$787
Dec 2011231096.873.24$1,198
Nov 2011339295.723.31$1,585
Oct 2011586984.983.65$3,595
Sep 201111,16183.623.99$4,711
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
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 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 201005273.585.44$283
Jan 20100074.365.96$0
Dec 200901,04371.445.48$5,720
Nov 200904674.593.75$173
Oct 2009032672.544.11$1,340
Sep 2009032165.543.06$984
Aug 2009020167.423.22$647
Jul 2009024261.133.46$838
Jun 2009026266.163.90$1,020
May 2009133954.743.93$1,386
Apr 2009035546.773.59$1,274
Mar 20096532142.144.06$4,042
Feb 2009133832.814.63$1,599
Jan 2009075735.865.37$4,066
Dec 200802,06937.105.98$12,367
Nov 200801,89755.496.86$13,014
Oct 200811,20475.246.92$8,409
Sep 20080812101.767.88$6,396
Aug 20081348114.228.48$3,066
Jul 20081344131.0811.39$4,049
Jun 20081191131.3313.03$2,621
May 20081779123.1711.57$9,140
Apr 20080358110.3110.45$3,743
Mar 20080277101.909.66$2,677
Feb 2008028792.538.77$2,517
Jan 2008032490.388.21$2,659
Dec 2007017488.337.30$1,271
Nov 2007038991.677.29$2,836
Oct 2007043282.856.92$2,990
Sep 2007046575.846.24$2,904
Aug 2007049869.066.39$3,181
Jul 2007059470.906.39$3,794
Jun 2007060662.007.55$4,574
May 2007059158.747.85$4,637
Apr 2007060359.617.81$4,707
Mar 2007067056.927.30$4,892
Feb 2007063155.108.22$5,184
Jan 2007068850.306.73$4,628
Dec 2006063456.656.92$4,386
Nov 2006060554.207.62$4,609
Oct 2006064254.906.01$3,861
Sep 2006060160.085.04$3,027
Aug 2006072268.717.34$5,299
Jul 2006072769.376.34$4,611
Jun 2006071966.286.38$4,590
May 2006074466.016.42$4,780
Apr 2006073364.397.36$5,395
Mar 2006083356.707.08$5,900
Feb 2006078257.597.75$6,061
Jan 2006059160.598.93$5,280
Dec 2005088854.9413.42$11,913
Nov 2005064354.6910.59$6,808
Oct 2005089658.3413.80$12,361
Sep 2005093861.4512.08$11,330
Aug 2005088861.519.80$8,700
Jul 2005092855.697.84$7,279
Jun 2005086252.337.38$6,362
May 2005089845.226.65$5,973
Apr 2005095749.207.36$7,044
Mar 2005098150.377.15$7,019
Feb 2005089145.226.31$5,624
Jan 2005091143.166.32$5,760
Dec 2004089239.866.75$6,022
Nov 2004095445.286.33$6,039
Oct 2004098049.706.52$6,385
Sep 2004091943.245.28$4,856
Aug 200402442.375.55$133
Jul 2004069138.286.08$4,204
Jun 200401,70036.106.43$10,936
May 2004038337.486.49$2,487
Apr 2004068134.475.86$3,990
Mar 200401,02034.365.53$5,641
Feb 200417196332.455.51$10,855
Jan 200401,09132.036.30$6,873
Dec 200301,00830.266.30$6,352
Nov 2003044928.804.60$2,063
Oct 2003058828.174.76$2,799
Sep 2003069726.314.75$3,310
Aug 2003067129.765.13$3,442
Jul 2003079629.415.17$4,116
Jun 2003061828.565.98$3,697
May 2003088326.595.97$5,274
Apr 200311,02026.675.41$5,542
Mar 2003076331.146.10$4,651
Feb 2003095433.487.93$7,561
Jan 2003093530.315.58$5,219
Dec 20021861,45726.914.85$12,077
Nov 200201,19924.664.14$4,960
Oct 20021711,25526.464.23$9,832
Sep 200201,77227.443.64$6,442
Aug 200201,64225.963.16$5,196
Jul 200201,43324.583.06$4,388
Jun 200201,61523.733.34$5,391
May 200201,22924.663.58$4,405
Apr 20021931,87423.653.51$11,147
Mar 200232,45822.003.10$7,692
Feb 20022061,72818.222.38$7,859
Jan 200202,03117.172.38$4,825
Dec 200101,81016.932.36$4,280
Nov 200102,01018.072.41$4,835
Oct 200102,45219.782.53$6,201
Sep 20011832,32724.262.25$9,678
Aug 200102,57824.873.05$7,871
Jul 200102,53723.933.20$8,111
Jun 20011703,50724.563.82$17,587
May 200103,73725.524.31$16,096
Apr 200103,26924.685.34$17,441
Mar 200102,96424.545.38$15,936
Feb 200103,04627.755.77$17,567
Jan 20011903,90927.478.40$38,050
Dec 200004,60526.889.12$42,009
Nov 200004,83132.215.66$27,334
Oct 20001883,62531.235.15$24,524
Sep 20002494,25831.875.19$30,020
Aug 200004,20229.644.54$19,080
Jul 20003705,05928.534.09$31,246
Jun 200005,14929.304.40$22,641
May 200005,40927.263.68$19,904
Apr 20001896,44624.513.12$24,718
Mar 200007,18728.422.86$20,553
Feb 20001897,46427.622.73$25,571
Jan 20001908,21025.272.48$25,166
Dec 19991898,81224.282.42$25,947
Nov 199908,67623.192.43$21,117
Oct 199939110,29720.982.80$37,073
Sep 199920011,71821.752.62$35,038
Aug 199920911,95419.262.88$38,400
Jul 19991112,93517.892.37$30,883
Jun 199919814,78715.942.36$38,084
May 199942318,53315.792.32$49,695
Apr 199957222,28115.102.21$57,835
Mar 199959428,86212.471.84$60,465
Feb 199973152,6459.981.82$102,993
Jan 1999089410.381.90$1,699

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.

Oct 2024 — as filed, then multipliedworked
Condensate             1 bbl  × $ 71.37 =        $71
Gas                    0 Mcf  × $  2.28 =         $0

────────────────────────────────────────────────────
Month total                                      $71

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/172375 is the state's own key, not one this site invented.