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 173000District 04Field 890722952 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.7 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 Gas111999-08-24140823
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
CondensateDisposition17,615 bbl$503,290
GasProduction768,278 Mcf$3,158,784
Total$3,662,074

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 26.4048, -98.3854. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.40476, -98.38540 · 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
14,000 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 14,000 ft.

Completions filed
Jan 1999
1 of 1 wells

1 well

42-21532607514,000 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 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 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 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 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
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 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 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
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 20171057.272.92$57
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 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 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200904074.593.75$150
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090761.133.46$24
Jun 2009170466.163.90$2,808
May 20091791,59354.743.93$16,052
Apr 200911,69846.773.59$6,138
Mar 200951,81542.144.06$7,578
Feb 20091991,81932.814.63$14,957
Jan 200942,11235.865.37$11,487
Dec 200852,13937.105.98$12,971
Nov 200821,44155.496.86$9,997
Oct 20081792,12275.246.92$28,156
Sep 200801,660101.767.88$13,076
Aug 200812,279114.228.48$19,447
Jul 200811,786131.0811.39$20,473
Jun 200832,159131.3313.03$28,531
May 200834,758123.1711.57$55,440
Apr 200822,987110.3110.45$31,449
Mar 20081842,097101.909.66$39,015
Feb 200802,16792.538.77$19,006
Jan 200802,10690.388.21$17,281
Dec 20071952,19588.337.30$33,252
Nov 200701,58391.677.29$11,543
Oct 200702,31482.856.92$16,017
Sep 20071781,34975.846.24$21,923
Aug 200701,88369.066.39$12,028
Jul 200701,90070.906.39$12,137
Jun 200701,93462.007.55$14,599
May 20071912,19658.747.85$28,450
Apr 200702,57559.617.81$20,098
Mar 200702,66656.927.30$19,467
Feb 200702,30355.108.22$18,921
Jan 20071862,31450.306.73$24,922
Dec 200602,40056.656.92$16,604
Nov 200602,49154.207.62$18,975
Oct 200602,71354.906.01$16,315
Sep 20061752,52360.085.04$23,223
Aug 200602,79268.717.34$20,493
Jul 200602,49869.376.34$15,844
Jun 20061991,81766.286.38$24,789
May 200602,19566.016.42$14,103
Apr 200601,98664.397.36$14,618
Mar 20061892,25256.707.08$26,667
Feb 200602,55457.597.75$19,796
Jan 200602,22660.598.93$19,886
Dec 200501,89854.9413.42$25,462
Nov 20052002,55954.6910.59$38,034
Oct 200502,64658.3413.80$36,504
Sep 20051792,74361.4512.08$44,132
Aug 200502,88861.519.80$28,293
Jul 200503,01255.697.84$23,625
Jun 20051873,06452.337.38$32,401
May 200503,12545.226.65$20,785
Apr 20051703,17849.207.36$31,756
Mar 200502,74850.377.15$19,662
Feb 20051422,54745.226.31$22,498
Jan 200503,01143.166.32$19,036
Dec 20041892,83839.866.75$26,693
Nov 2004422,84545.286.33$19,912
Oct 20041692,58949.706.52$25,267
Sep 200403,02143.245.28$15,963
Aug 20041733,09142.375.55$24,487
Jul 200402,65838.286.08$16,172
Jun 2004943,23936.106.43$24,230
May 2004963,78837.486.49$28,200
Apr 20041804,31934.475.86$31,507
Mar 200404,28034.365.53$23,669
Feb 20041723,32632.455.51$23,906
Jan 200403,14032.036.30$19,781
Dec 200302,82230.266.30$17,783
Nov 20031653,22028.804.60$19,548
Oct 200303,93428.174.76$18,724
Sep 2003663,81226.314.75$19,841
Aug 2003423,51829.765.13$19,296
Jul 20031263,68029.415.17$22,734
Jun 20031113,16528.565.98$22,106
May 200303,78426.595.97$22,601
Apr 2003733,98926.675.41$23,517
Mar 2003764,48931.146.10$29,732
Feb 2003453,59433.487.93$29,992
Jan 20031134,48930.315.58$28,483
Dec 20021864,61526.914.85$27,405
Nov 200203,29924.664.14$13,648
Oct 20023754,58626.464.23$29,317
Sep 200204,73327.443.64$17,205
Aug 20021864,62625.963.16$19,466
Jul 200204,74324.583.06$14,522
Jun 20021844,63323.733.34$19,832
May 20021895,07524.663.58$22,850
Apr 200205,35423.653.51$18,805
Mar 200205,91422.003.10$18,349
Feb 20022025,79718.222.38$17,452
Jan 200205,81917.172.38$13,824
Dec 20011995,36916.932.36$16,064
Nov 200104,74018.072.41$11,402
Oct 200106,18419.782.53$15,639
Sep 200106,27324.262.25$14,123
Aug 200106,87324.873.05$20,984
Jul 200107,16523.933.20$22,907
Jun 200106,87124.563.82$26,276
May 200107,42825.524.31$31,995
Apr 20011927,19324.685.34$43,116
Mar 20011957,48624.545.38$45,033
Feb 200105,69927.755.77$32,867
Jan 20013848,08527.478.40$78,452
Dec 200008,03826.889.12$73,327
Nov 20001928,35632.215.66$53,463
Oct 20003669,69731.235.15$61,326
Sep 2000598,22031.875.19$44,513
Aug 20003758,32029.644.54$48,894
Jul 20001888,54128.534.09$40,294
Jun 20001929,60929.304.40$47,879
May 200036810,81127.263.68$49,813
Apr 20001859,45624.513.12$33,999
Mar 200038111,74928.422.86$44,427
Feb 200018410,82627.622.73$34,599
Jan 200019112,91425.272.48$36,860
Dec 199940715,33324.282.42$47,045
Nov 199938412,69523.192.43$39,804
Oct 199918813,72320.982.80$42,420
Sep 199976517,18721.752.62$61,649
Aug 199936918,25219.262.88$59,592
Jul 199937414,02817.892.37$39,970
Jun 199918619,98415.942.36$50,169
May 199975924,45715.792.32$68,750
Apr 199991731,62315.102.21$83,672
Mar 19991,41937,64412.471.84$86,897
Feb 199990751,4219.981.82$102,524
Jan 19991,07448,63710.381.90$103,556

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.

Dec 2017 — as filed, then multipliedworked
Condensate             1 bbl  × $ 57.27 =        $57
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                      $57

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/173000 is the state's own key, not one this site invented.