FLORES, R.

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 173948District 04Field 890722952 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.4 M
Jun 1999 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
324
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 Gas112000-01-07141139
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
CondensateDisposition62,919 bbl$2,567,268
GasProduction2,854,813 Mcf$13,795,796
Total$16,363,064

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 26.4078, -98.3918. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.40782, -98.39178 · 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
Aug 2003
1 of 1 wells

1 well

42-21532532314,000 ftAug 2003

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 (324)

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

324 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 20231089.042.74$89
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 20231072.852.39$73
Feb 20232075.112.47$150
Jan 20232076.533.39$153
Dec 20222076.415.73$153
Nov 20221085.005.65$85
Oct 20222087.185.86$174
Sep 20221084.888.16$85
Aug 20221094.529.13$95
Jul 202210101.587.54$102
Jun 202220115.097.98$230
May 202220109.378.43$219
Apr 202220104.226.84$208
Mar 202210108.885.08$109
Feb 20222091.054.86$182
Jan 20222081.844.54$164
Dec 20212071.323.90$143
Nov 20211077.435.24$77
Oct 20212079.795.71$160
Sep 20211069.865.35$70
Aug 20212066.024.22$132
Jul 20212070.783.98$142
Jun 20211069.493.38$69
May 20211063.483.02$63
Apr 20212060.362.76$121
Mar 20211061.302.72$61
Feb 20212057.805.55$116
Jan 20212050.412.81$101
Dec 20202244.642.68$95
Nov 20202138.772.71$80
Oct 20201236.972.48$42
Sep 20201137.091.99$39
Aug 20201139.982.39$42
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 20192253.112.30$111
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 20192246.033.23$99
Dec 201811946.594.19$126
Nov 20181552.934.24$74
Oct 20181261.443.40$68
Sep 20181059.543.11$60
Aug 20181159.403.07$62
Jul 20180165.142.93$3
Jun 20181160.183.08$63
May 20181165.382.90$68
Apr 201815863.842.90$232
Mar 2018115561.222.79$493
Feb 20181461.782.77$73
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 201704150.452.95$121
Jan 20170049.413.42$0
Dec 201609748.763.72$361
Nov 20160542.492.64$13
Oct 2016015446.193.09$476
Sep 201602041.553.10$62
Aug 201601441.442.92$41
Jul 2016022241.622.92$649
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 201503048.152.95$88
Jun 2015025356.152.88$729
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150243.433.10$6
Dec 201404354.693.59$154
Nov 20140070.464.25$0
Oct 2014013178.303.90$511
Sep 201404686.164.05$186
Aug 201402489.394.04$97
Jul 201407296.564.18$301
Jun 2014021998.164.74$1,037
May 20140094.734.73$0
Apr 201407095.944.81$337
Mar 2014014395.895.06$723
Feb 2014029297.406.19$1,808
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013117088.853.74$10,395
Oct 20130097.423.78$0
Sep 20134864104.113.72$3,629
Aug 20132053,842104.253.52$34,905
Jul 2013104,919102.523.72$19,313
Jun 20131995,54094.403.93$40,577
May 20132045,18794.834.15$40,867
Apr 2013104,96693.964.28$22,207
Mar 20132355,08593.623.91$41,898
Feb 201334,60491.233.42$16,019
Jan 20132065,42591.603.42$37,423
Dec 20121935,57886.773.42$35,824
Nov 20122025,40486.953.62$37,153
Oct 20121985,49489.383.40$36,375
Sep 201215,67294.672.92$16,648
Aug 20121946,21892.662.91$36,059
Jul 20123036,23185.133.02$44,617
Jun 201275,65479.822.52$14,801
May 20122325,93691.612.49$36,024
Apr 20121976,084101.652.00$32,174
Mar 2012976,802105.052.22$25,304
Feb 2012106,101101.102.57$16,692
Jan 2012106,47898.092.73$18,692
Dec 2011126,53696.873.24$22,337
Nov 201176,03595.723.31$20,654
Oct 201186,25884.983.65$23,512
Sep 201196,25683.623.99$25,688
Aug 2011116,59983.404.15$28,299
Jul 20112156,48494.144.52$49,530
Jun 20111856,37592.904.64$46,766
May 20111886,47898.134.40$46,983
Apr 20112126,088105.964.33$48,845
Mar 20112166,31896.364.06$46,448
Feb 2011175,64485.644.18$25,048
Jan 20112066,11686.504.59$45,884
Dec 20103956,29885.734.35$61,245
Nov 2010155,86780.843.80$23,480
Oct 20101916,62178.103.51$38,149
Sep 20102056,34072.633.98$40,119
Aug 20101916,55073.684.42$43,020
Jul 2010246,57672.554.74$32,888
Jun 20103986,39070.364.91$59,381
May 2010116,78071.124.24$29,497
Apr 20104136,52981.694.12$60,655
Mar 20102116,87278.394.39$46,699
Feb 2010196,33773.585.44$35,886
Jan 20102087,28274.365.96$58,897
Dec 20092247,41571.445.48$56,665
Nov 20092037,24574.593.75$42,321
Oct 20092157,52072.544.11$46,505
Sep 20091937,11665.543.06$34,458
Aug 20092017,19267.423.22$36,699
Jul 20092147,56661.133.46$39,294
Jun 20092137,32266.163.90$42,611
May 20092027,70054.743.93$41,286
Apr 20092247,54746.773.59$37,551
Mar 20092007,64542.144.06$39,459
Feb 20092127,12232.814.63$39,952
Jan 20092127,03835.865.37$45,403
Dec 20082436,62537.105.98$48,614
Nov 20082246,59655.496.86$57,681
Oct 20084007,00075.246.92$78,550
Sep 2008267,089101.767.88$58,486
Aug 20082248,112114.228.48$94,400
Jul 2008237,623131.0811.39$89,836
Jun 20081997,272131.3313.03$120,908
May 200839215,620123.1711.57$229,073
Apr 200807,453110.3110.45$77,920
Mar 20081966,660101.909.66$84,335
Feb 20081995,94792.538.77$70,572
Jan 20081816,31690.388.21$68,186
Dec 20072056,51188.337.30$65,651
Nov 20071956,91691.677.29$68,305
Oct 20071958,83582.856.92$77,311
Sep 20071938,83175.846.24$69,779
Aug 20071969,42069.066.39$73,710
Jul 20071969,31570.906.39$73,400
Jun 20073799,03062.007.55$91,661
May 20071949,60758.747.85$86,775
Apr 20071999,42759.617.81$85,442
Mar 20071919,90556.927.30$83,198
Feb 20071959,10355.108.22$85,535
Jan 200720710,23350.306.73$79,248
Dec 200619410,42056.656.92$83,080
Nov 200638910,14154.207.62$98,333
Oct 200619510,42054.906.01$73,369
Sep 20061899,96360.085.04$61,541
Aug 200619310,40568.717.34$89,633
Jul 200618710,52969.376.34$79,755
Jun 200619110,93666.286.38$82,474
May 200639212,81266.016.42$108,193
Apr 200619412,61264.397.36$105,322
Mar 200619213,63056.707.08$107,427
Feb 200619512,62857.597.75$109,111
Jan 200639013,97060.598.93$148,429
Dec 200520214,16454.9413.42$201,114
Nov 200520214,56754.6910.59$165,289
Oct 2005014,55858.3413.80$200,839
Sep 2005014,54961.4512.08$175,737
Aug 200539115,53361.519.80$176,225
Jul 200538816,18355.697.84$148,541
Jun 200519616,28652.337.38$130,464
May 200536616,89145.226.65$128,895
Apr 200538616,66849.207.36$141,676
Mar 200539015,65550.377.15$131,654
Feb 200518514,25045.226.31$98,311
Jan 200537815,76343.166.32$115,971
Dec 200437716,03339.866.75$123,267
Nov 200444715,80645.286.33$120,299
Oct 200438916,63649.706.52$127,719
Sep 200419216,42843.245.28$95,106
Aug 200444717,31542.375.55$115,049
Jul 200439217,34638.286.08$120,542
Jun 200429615,97636.106.43$113,460
May 200438317,20137.486.49$126,068
Apr 200439116,67034.475.86$111,138
Mar 200451617,56634.365.53$114,872
Feb 200433316,41232.455.51$101,230
Jan 200445817,92032.036.30$127,559
Dec 200337418,05030.266.30$125,062
Nov 200355018,00228.804.60$98,562
Oct 200338119,71628.174.76$104,574
Sep 200313719,14226.314.75$94,517
Aug 200341918,38229.765.13$106,764
Jul 200356917,42729.415.17$106,847
Jun 200342416,88728.565.98$113,144
May 200333618,18826.595.97$117,565
Apr 200347219,68326.675.41$119,020
Mar 200349821,00031.146.10$143,525
Feb 200355119,12433.487.93$170,022
Jan 200337120,40630.315.58$125,152
Dec 200238321,27826.914.85$113,585
Nov 200257820,08424.664.14$97,340
Oct 200236721,32926.464.23$99,914
Sep 200257621,49027.443.64$93,926
Aug 2002154,02525.963.16$13,125
Jul 2002252224.583.06$1,647
Jun 2002080823.733.34$2,697
May 20021831,20324.663.58$8,824
Apr 200218926,19223.653.51$96,465
Mar 200292929,32922.003.10$111,438
Feb 200237326,40418.222.38$69,524
Jan 200256729,98817.172.38$80,977
Dec 200175230,48716.932.36$84,815
Nov 200175430,56818.072.41$87,157
Oct 200156828,95619.782.53$84,461
Sep 200155719,60524.262.25$57,650
Aug 200155932,70824.873.05$113,765
Jul 200192034,59323.933.20$132,612
Jun 200172434,08124.563.82$148,113
May 200156437,40325.524.31$175,500
Apr 200175134,28924.685.34$201,477
Mar 200193536,86424.545.38$221,142
Feb 200176434,53027.755.77$220,338
Jan 200176538,77627.478.40$346,685
Dec 200093638,21326.889.12$373,758
Nov 200075337,23432.215.66$234,924
Oct 200093139,09931.235.15$230,259
Sep 200074638,98131.875.19$225,950
Aug 200094041,12629.644.54$214,604
Jul 20001,12253,54028.534.09$250,976
Jun 200036420,03429.304.40$98,760
May 200092751,70927.263.68$215,546
Apr 200073930,50324.513.12$113,160
Mar 20001,10757,07128.422.86$194,670
Feb 20001,14159,84727.622.73$194,687
Jan 20001,33961,01225.272.48$185,177
Dec 19991,58667,41724.282.42$201,908
Nov 199977650,58523.192.43$141,119
Oct 19991,14440,49120.982.80$137,526
Sep 19991,56064,17221.752.62$201,987
Aug 19991,33864,19619.262.88$210,372
Jul 19991,924108,37717.892.37$291,531
Jun 19991,23429,10715.942.36$88,424

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.

Sep 2023 — as filed, then multipliedworked
Condensate             1 bbl  × $ 89.04 =        $89
Gas                    0 Mcf  × $  2.74 =         $0

────────────────────────────────────────────────────
Month total                                      $89

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/173948 is the state's own key, not one this site invented.