TEXAS OSAGE GU

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

Gas lease lease 178587District 04Field 021006252 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.0 M
Aug 2000 – May 2026
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
310
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 90 leases and 90 wells, and the rule below applies to all of them.

Discovered
1993-06-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2001-11-06.

The Commission's schedule remark for this field reads: AS A SINGLE RESERVOIR.

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 Gas112001-03-21143552
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
CondensateDisposition11,268 bbl$402,844
GasProduction1,093,269 Mcf$5,550,293
Total$5,953,137

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 26.7006, -98.4142. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.70062, -98.41420 · 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
10,223 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 10,223 ft.

Completions filed
Aug 2000
1 of 1 wells

1 well

42-42733232410,223 ftAug 2000

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 (310)

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

310 months

May 20260787106.413.05$2,397
Apr 2026077198.932.87$2,213
Mar 2026073989.753.15$2,327
Feb 2026077063.503.75$2,888
Jan 2026073059.138.00$5,838
Dec 2025072656.664.41$3,204
Nov 2025069958.593.93$2,745
Oct 2025072259.383.30$2,386
Sep 2025082562.743.08$2,538
Aug 2025066363.933.01$1,999
Jul 2025081866.743.32$2,712
Jun 2025178466.483.13$2,519
May 2025082460.553.23$2,663
Apr 2025077462.363.54$2,742
Mar 2025082367.704.27$3,513
Feb 202513868470.884.34$12,751
Jan 2025086774.324.28$3,710
Dec 2024083468.993.12$2,603
Nov 2024089169.052.20$1,959
Oct 2024090171.372.28$2,056
Sep 202401,01069.612.36$2,388
Aug 2024089875.632.06$1,853
Jul 2024079279.932.15$1,700
Jun 2024088078.082.63$2,318
May 2024096678.812.20$2,124
Apr 2024090084.451.66$1,493
Mar 202401,23380.301.55$1,905
Feb 202401,09476.091.78$1,951
Jan 2024097473.023.30$3,212
Dec 202301,16271.262.61$3,034
Nov 202301,25277.892.81$3,515
Oct 202301,19685.443.09$3,692
Sep 202301,01589.042.74$2,776
Aug 202301,19480.522.67$3,191
Jul 202301,11974.852.64$2,956
Jun 202301,00568.962.26$2,270
May 202301,07470.622.23$2,392
Apr 202301,21578.122.24$2,719
Mar 202301,28572.852.39$3,075
Feb 202301,17875.112.47$2,905
Jan 202301,12976.533.39$3,825
Dec 202201,34076.415.73$7,677
Nov 202201,37585.005.65$7,764
Oct 202201,06687.185.86$6,251
Sep 202201,12484.888.16$9,176
Aug 2022095194.529.13$8,680
Jul 202201,094101.587.54$8,251
Jun 20220958115.097.98$7,642
May 202201,059109.378.43$8,931
Apr 20220958104.226.84$6,550
Mar 20221831,064108.885.08$25,326
Feb 202201,02391.054.86$4,971
Jan 2022091881.844.54$4,166
Dec 2021092471.323.90$3,603
Nov 2021094877.435.24$4,965
Oct 202101,03479.795.71$5,908
Sep 2021070669.865.35$3,778
Aug 2021095666.024.22$4,035
Jul 202101,21570.783.98$4,838
Jun 202101,15069.493.38$3,888
May 202101,21363.483.02$3,660
Apr 202101,28260.362.76$3,536
Mar 202101,42561.302.72$3,872
Feb 202101,08757.805.55$6,031
Jan 202101,27150.412.81$3,572
Dec 202001,07944.642.68$2,887
Nov 202001,14438.772.71$3,096
Oct 2020671,21636.972.48$5,491
Sep 202001,20037.091.99$2,389
Aug 202001,18539.982.39$2,826
Jul 202001,11738.371.83$2,039
Jun 202001,17934.901.69$1,993
May 202001,06716.921.81$1,936
Apr 202001,11714.751.80$2,015
Mar 202001,27230.341.86$2,361
Feb 202001,24349.881.98$2,462
Jan 202001,13457.252.09$2,375
Dec 201901,25759.012.30$2,897
Nov 201901,20455.302.75$3,312
Oct 201901,17053.472.42$2,830
Sep 201901,20655.052.66$3,205
Aug 20191881,26853.112.30$12,907
Jul 201901,31956.272.46$3,245
Jun 201901,26852.782.49$3,159
May 201901,33658.482.74$3,661
Apr 201901,28762.632.75$3,540
Mar 201901,34556.803.06$4,119
Feb 201901,21050.852.79$3,379
Jan 201901,33046.033.23$4,293
Dec 201801,33446.594.19$5,583
Nov 201801,28252.934.24$5,432
Oct 201801,35561.443.40$4,604
Sep 201801,35659.543.11$4,214
Aug 201801,32459.403.07$4,060
Jul 201801,31665.142.93$3,858
Jun 201801,25060.183.08$3,846
May 201801,39565.382.90$4,047
Apr 201801,42163.842.90$4,122
Mar 201801,44561.222.79$4,027
Feb 201801,24161.782.77$3,433
Jan 201811,42362.874.01$5,768
Dec 201731,49157.272.92$4,528
Nov 201701,48655.423.12$4,634
Oct 201701,48549.292.98$4,431
Sep 201701,45947.523.09$4,504
Aug 201701,58745.373.00$4,768
Jul 201701,57343.873.09$4,856
Jun 20171791,51742.493.09$12,289
May 201701,50645.373.26$4,915
Apr 201701,41647.933.21$4,548
Mar 201701,57546.772.98$4,699
Feb 201701,32050.452.95$3,897
Jan 201701,61149.413.42$5,508
Dec 201601,74448.763.72$6,493
Nov 201601,81542.492.64$4,800
Oct 201601,75446.193.09$5,420
Sep 201601,79541.553.10$5,566
Aug 201601,81741.442.92$5,314
Jul 201601,66341.622.92$4,863
Jun 201601,64945.352.69$4,429
May 201601,51442.521.99$3,014
Apr 201601,68436.561.99$3,353
Mar 201601,76633.011.79$3,168
Feb 201601,73626.472.06$3,582
Jan 201601,05427.352.36$2,492
Dec 201501,31232.362.00$2,626
Nov 2015093238.792.17$2,020
Oct 2015681,16843.552.43$5,796
Sep 201501,58642.992.76$4,375
Aug 2015491,96440.162.87$7,609
Jul 20151662,01448.152.95$13,924
Jun 201502,05556.152.88$5,924
May 201502,10455.212.96$6,218
Apr 201502,00249.822.71$5,419
Mar 201502,07542.892.93$6,090
Feb 201501,90844.662.98$5,679
Jan 201501,73643.433.10$5,383
Dec 201401,25254.693.59$4,496
Nov 201401,49870.464.25$6,369
Oct 201401,07278.303.90$4,182
Sep 201401,55186.164.05$6,274
Aug 201401,19189.394.04$4,806
Jul 201401,81896.564.18$7,599
Jun 20141781,56398.164.74$24,876
May 201401,94694.734.73$9,198
Apr 201411,77995.944.81$8,651
Mar 201411,73895.895.06$8,885
Feb 201401,73397.406.19$10,731
Jan 201401,80190.404.86$8,754
Dec 201301,89191.824.35$8,234
Nov 201301,83188.853.74$6,845
Oct 201302,00497.423.78$7,574
Sep 201302,039104.113.72$7,580
Aug 201301,889104.253.52$6,654
Jul 201311,984102.523.72$7,479
Jun 201302,23094.403.93$8,772
May 20131782,36994.834.15$26,709
Apr 201312,32093.964.28$10,030
Mar 201302,21593.623.91$8,667
Feb 201302,12691.233.42$7,271
Jan 201302,05191.603.42$7,014
Dec 201202,20486.773.42$7,538
Nov 201202,26186.953.62$8,196
Oct 201202,26189.383.40$7,687
Sep 201201,61594.672.92$4,713
Aug 201211,82392.662.91$5,394
Jul 201202,21285.133.02$6,682
Jun 20121179.822.52$82
May 201222,10491.612.49$5,419
Apr 201222,008101.652.00$4,213
Mar 201242,187105.052.22$5,280
Feb 201202,089101.102.57$5,369
Jan 201201,52198.092.73$4,159
Dec 201101,98196.873.24$6,418
Nov 201102,23695.723.31$7,404
Oct 201102,75684.983.65$10,055
Sep 201112,66983.623.99$10,722
Aug 201102,49783.404.15$10,361
Jul 201102,27094.144.52$10,254
Jun 201102,35292.904.64$10,913
May 201102,46798.134.40$10,867
Apr 201102,305105.964.33$9,988
Mar 201102,24296.364.06$9,097
Feb 201101,85385.644.18$7,746
Jan 201102,24486.504.59$10,297
Dec 201002,38085.734.35$10,348
Nov 201002,01780.843.80$7,655
Oct 201002,15978.103.51$7,576
Sep 201002,12172.633.98$8,440
Aug 201002,56373.684.42$11,327
Jul 201002,36672.554.74$11,207
Jun 201002,24370.364.91$11,014
May 201002,19771.124.24$9,305
Apr 20101802,23381.694.12$23,910
Mar 201002,46278.394.39$10,805
Feb 201002,40673.585.44$13,094
Jan 201002,88074.365.96$17,177
Dec 200902,78871.445.48$15,289
Nov 200902,58774.593.75$9,705
Oct 200902,85072.544.11$11,714
Sep 200902,64565.543.06$8,106
Aug 200932,89767.423.22$9,526
Jul 200902,95461.133.46$10,234
Jun 200902,90266.163.90$11,303
May 200922,66354.743.93$10,564
Apr 200922,45246.773.59$8,890
Mar 20091822,57342.144.06$18,113
Feb 200902,59532.814.63$12,023
Jan 200943,28435.865.37$17,782
Dec 20081973,27437.105.98$26,878
Nov 200852,93955.496.86$20,440
Oct 200863,38275.246.92$23,862
Sep 200802,718101.767.88$21,410
Aug 200803,134114.228.48$26,586
Jul 200803,007131.0811.39$34,248
Jun 200813,457131.3313.03$45,185
May 200802,706123.1711.57$31,320
Apr 200842,615110.3110.45$27,781
Mar 200803,374101.909.66$32,607
Feb 200802,81292.538.77$24,663
Jan 200802,98990.388.21$24,527
Dec 200702,84388.337.30$20,760
Nov 200702,60591.677.29$18,995
Oct 200703,38782.856.92$23,445
Sep 200703,52375.846.24$21,998
Aug 200703,57369.066.39$22,824
Jul 200703,29770.906.39$21,061
Jun 200703,63162.007.55$27,408
May 200703,97258.747.85$31,165
Apr 200703,12259.617.81$24,368
Mar 200703,54656.927.30$25,893
Feb 200703,58455.108.22$29,446
Jan 200703,91350.306.73$26,322
Dec 200603,43956.656.92$23,793
Nov 200603,83254.207.62$29,190
Oct 2006433,69354.906.01$24,570
Sep 200604,13260.085.04$20,814
Aug 200604,00968.717.34$29,426
Jul 200604,24769.376.34$26,938
Jun 20061304,16066.286.38$35,173
May 200604,53266.016.42$29,118
Apr 200603,12864.397.36$23,024
Mar 200604,04156.707.08$28,622
Feb 200603,83357.597.75$29,710
Jan 20061914,62060.598.93$52,845
Dec 200504,22954.9413.42$56,734
Nov 200504,11354.6910.59$43,550
Oct 200504,62858.3413.80$63,847
Sep 200504,24261.4512.08$51,239
Aug 200505,21561.519.80$51,091
Jul 200504,80855.697.84$37,712
Jun 200505,03452.337.38$37,156
May 20052005,19945.226.65$43,623
Apr 200504,64449.207.36$34,182
Mar 200505,11150.377.15$36,569
Feb 200504,53345.226.31$28,612
Jan 200505,15143.166.32$32,566
Dec 20041985,13239.866.75$42,539
Nov 200405,19145.286.33$32,861
Oct 200405,87949.706.52$38,302
Sep 200405,87243.245.28$31,027
Aug 200405,59142.375.55$31,034
Jul 200405,53438.286.08$33,670
Jun 200405,66936.106.43$36,469
May 200405,96237.486.49$38,721
Apr 200404,91034.475.86$28,765
Mar 200406,20034.365.53$34,287
Feb 200405,39032.455.51$29,697
Jan 20041977,11732.036.30$51,144
Dec 200307,16030.266.30$45,120
Nov 200305,57328.804.60$25,609
Oct 200306,51228.174.76$30,995
Sep 20031906,55926.314.75$36,150
Aug 200306,55229.765.13$33,610
Jul 200308,07929.415.17$41,775
Jun 200306,67928.565.98$39,960
May 200307,64826.595.97$45,679
Apr 20033957,67726.675.41$52,046
Mar 200308,70831.146.10$53,084
Feb 200307,08833.487.93$56,179
Jan 200309,15830.315.58$51,120
Dec 20024009,07626.914.85$54,817
Nov 200208,33724.664.14$34,490
Oct 20021978,89426.464.23$42,826
Sep 200209,46827.443.64$34,418
Aug 2002010,69125.963.16$33,828
Jul 200219511,49124.583.06$39,976
Jun 200219711,54523.733.34$43,215
May 20021769,23024.663.58$37,420
Apr 200206,25423.653.51$21,966
Mar 200202,18422.003.10$6,776
Feb 200201,04518.222.38$2,483
Jan 20021865,62917.172.38$16,566
Dec 20011856,10516.932.36$17,567
Nov 200108,22218.072.41$19,778
Oct 200118111,38819.782.53$32,379
Sep 200117114,04624.262.25$35,771
Aug 200118017,05024.873.05$56,533
Jul 200117016,71323.933.20$57,501
Jun 200118121,35024.563.82$86,091
May 200118221,05925.524.31$95,352
Apr 200137024,75324.685.34$141,197
Mar 200155526,80524.545.38$157,735
Feb 200136420,56727.755.77$128,713
Jan 200118618,38227.478.40$159,495
Dec 200035921,34926.889.12$204,406
Nov 200054523,84932.215.66$152,492
Oct 200073128,83031.235.15$171,174
Sep 200091831,85931.875.19$194,493
Aug 20001,09525,50429.644.54$148,263

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                  787 Mcf  × $  3.05 =     $2,397

────────────────────────────────────────────────────
Month total                                   $2,397

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/178587 is the state's own key, not one this site invented.