VILLARREAL

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 188237District 04Field 021006252 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
Mar 2002 – May 2026
Value, last 12 filed months
$51 k
at the published price for each month
Months reported
291
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 Gas112002-08-16148164
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
CondensateDisposition16,981 bbl$794,065
GasProduction788,948 Mcf$3,870,449
Total$4,664,514

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 26.7322, -98.3708. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.73216, -98.37077 · 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
9,750 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 9,750 ft.

1 well

42-4273345039,750 ft

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 (291)

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

291 months

May 2026012106.413.05$37
Apr 202601,19798.932.87$3,435
Mar 20261751,86489.753.15$21,577
Feb 202602,01463.503.75$7,553
Jan 202602,34859.138.00$18,779
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 2024143071.372.28$10,206
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 20230171.262.61$3
Nov 2023083377.892.81$2,339
Oct 20231821,04185.443.09$18,764
Sep 202301,13789.042.74$3,110
Aug 202301,40080.522.67$3,742
Jul 202301,44674.852.64$3,820
Jun 20231772,83768.962.26$18,613
May 202304,20370.622.23$9,362
Apr 2023096278.122.24$2,153
Mar 202302372.852.39$55
Feb 20230375.112.47$7
Jan 20230476.533.39$14
Dec 20220276.415.73$11
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 202201115.097.98$8
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 202202991.054.86$141
Jan 2022045081.844.54$2,042
Dec 202101,57671.323.90$6,145
Nov 20211782,21577.435.24$25,382
Oct 202102,98579.795.71$17,056
Sep 202104,00469.865.35$21,425
Aug 202101,37366.024.22$5,795
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 2020891936.972.48$3,337
Sep 202003237.091.99$64
Aug 202001,77939.982.39$4,243
Jul 202002,66338.371.83$4,860
Jun 20201823,12734.901.69$11,637
May 202003,31916.921.81$6,023
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200157.252.09$2
Dec 20190159.012.30$2
Nov 201902955.302.75$80
Oct 20199918453.472.42$5,739
Sep 2019017655.052.66$468
Aug 201901853.112.30$41
Jul 2019032756.272.46$804
Jun 201902,37952.782.49$5,927
May 20191362,89058.482.74$15,873
Apr 201904,50662.632.75$12,395
Mar 2019096456.803.06$2,952
Feb 20190050.852.79$0
Jan 20190246.033.23$6
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018012361.443.40$418
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180765.142.93$21
Jun 20180960.183.08$28
May 20181731,56465.382.90$15,848
Apr 201802,17763.842.90$6,315
Mar 20181784,07161.222.79$22,242
Feb 201801,77161.782.77$4,899
Jan 201817362.874.01$356
Dec 201754857.272.92$427
Nov 20170355.423.12$9
Oct 20170249.292.98$6
Sep 201713647.523.09$159
Aug 20170045.373.00$0
Jul 20170643.873.09$19
Jun 201717816942.493.09$8,085
May 201701,41645.373.26$4,621
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 2017016850.452.95$496
Jan 2017010349.413.42$352
Dec 2016027748.763.72$1,031
Nov 2016216442.492.64$519
Oct 20162963646.193.09$3,305
Sep 20166481941.553.10$5,199
Aug 20161881,47741.442.92$12,110
Jul 20161833241.622.92$1,720
Jun 20161941,06545.352.69$11,658
May 20161687342.521.99$2,419
Apr 2016131,69536.561.99$3,850
Mar 20161771,79033.011.79$9,054
Feb 201681,49726.472.06$3,301
Jan 201661,88027.352.36$4,609
Dec 2015132,18132.362.00$4,786
Nov 201551,12138.792.17$2,624
Oct 201532,29243.552.43$5,692
Sep 20151051,04742.992.76$7,402
Aug 20157785340.162.87$5,543
Jul 201551,17148.152.95$3,689
Jun 201551,56256.152.88$4,784
May 201516548855.212.96$10,552
Apr 2015199149.822.71$2,732
Mar 20151651,17542.892.93$10,525
Feb 2015549344.662.98$1,691
Jan 201561,06243.433.10$3,553
Dec 20141801,33654.693.59$14,642
Nov 2014121,43170.464.25$6,930
Oct 201442,07778.303.90$8,415
Sep 20140086.164.05$0
Aug 2014383089.394.04$3,617
Jul 2014953996.564.18$3,122
Jun 201431,21298.164.74$6,036
May 20141681,30694.734.73$22,088
Apr 20141961,80295.944.81$27,470
Mar 201471,22195.895.06$6,846
Feb 201402,28297.406.19$14,130
Jan 2014030690.404.86$1,487
Dec 201306891.824.35$296
Nov 2013082188.853.74$3,069
Oct 2013036897.423.78$1,391
Sep 201301,207104.113.72$4,487
Aug 20135874104.253.52$3,600
Jul 20131162,620102.523.72$21,633
Jun 20130894.403.93$31
May 2013078194.834.15$3,240
Apr 201301,59493.964.28$6,826
Mar 20131192393.623.91$4,641
Feb 2013084091.233.42$2,873
Jan 20131782,11391.603.42$23,531
Dec 2012058486.773.42$1,997
Nov 2012021286.953.62$768
Oct 201201,08489.383.40$3,685
Sep 201221,46894.672.92$4,474
Aug 201201,22892.662.91$3,571
Jul 2012444585.133.02$1,685
Jun 2012143979.822.52$11,437
May 201231,71891.612.49$4,550
Apr 201231,018101.652.00$2,338
Mar 201217945105.052.22$3,886
Feb 2012152,017101.102.57$6,701
Jan 201201,44398.092.73$3,945
Dec 201117750296.873.24$18,772
Nov 20111862,06195.723.31$24,628
Oct 2011231,44184.983.65$7,212
Sep 2011121583.623.99$941
Aug 2011152,21083.404.15$10,421
Jul 20111372,60994.144.52$24,683
Jun 20111942,94992.904.64$31,706
May 201131,09398.134.40$5,109
Apr 20110279105.964.33$1,209
Mar 201191,97396.364.06$8,872
Feb 2011261,51185.644.18$8,543
Jan 2011171,58686.504.59$8,748
Dec 2010579085.734.35$3,863
Nov 2010193980.843.80$3,645
Oct 20101522,67078.103.51$21,240
Sep 2010165372.633.98$2,671
Aug 201021,48073.684.42$6,688
Jul 201033,08372.554.74$14,820
Jun 20101815,55270.364.91$39,998
May 2010131871.124.24$1,418
Apr 2010319481.694.12$1,045
Mar 2010124178.394.39$1,136
Feb 201028273.585.44$593
Jan 201006174.365.96$364
Dec 200907871.445.48$428
Nov 200901574.593.75$56
Oct 20091292172.544.11$9,444
Sep 200992,50865.543.06$8,276
Aug 200991,69967.423.22$6,075
Jul 200906561.133.46$225
Jun 2009102,24866.163.90$9,418
May 20091661,34554.743.93$14,367
Apr 2009153,40846.773.59$12,928
Mar 2009123,65442.144.06$15,337
Feb 200907832.814.63$361
Jan 20091775035.865.37$6,616
Dec 2008219437.105.98$1,234
Nov 200801,85455.496.86$12,719
Oct 200822,37375.246.92$16,576
Sep 20081812,229101.767.88$35,977
Aug 200822,802114.228.48$23,998
Jul 2008152,900131.0811.39$34,996
Jun 200852,519131.3313.03$33,486
May 20081554,038123.1711.57$65,828
Apr 200803,875110.3110.45$40,513
Mar 200815,399101.909.66$52,278
Feb 20081805,89292.538.77$68,332
Jan 200803,99790.388.21$32,798
Dec 20071213,62088.337.30$37,121
Nov 2007075291.677.29$5,483
Oct 200702,68582.856.92$18,586
Sep 2007922,52075.846.24$22,713
Aug 200703,26669.066.39$20,863
Jul 200703,09970.906.39$19,796
Jun 20071793,15762.007.55$34,928
May 200703,06958.747.85$24,080
Apr 20071233,56759.617.81$35,173
Mar 200703,95256.927.30$28,857
Feb 200703,87855.108.22$31,862
Jan 200704,41350.306.73$29,686
Dec 2006694,63656.656.92$35,983
Nov 200604,86954.207.62$37,090
Oct 2006483,98054.906.01$26,570
Sep 20061784,21760.085.04$31,936
Aug 200606,21368.717.34$45,603
Jul 20061785,77369.376.34$48,965
Jun 200603,78666.286.38$24,169
May 20067560166.016.42$8,812
Apr 200608264.397.36$604
Mar 20060056.707.08$0
Feb 2006047957.597.75$3,713
Jan 2006663,37960.598.93$34,185
Dec 200503,23254.9413.42$43,359
Nov 20051772,10954.6910.59$32,011
Oct 200505,30858.3413.80$73,228
Sep 20051782,13761.4512.08$36,751
Aug 200502,80461.519.80$27,470
Jul 200502,46755.697.84$19,350
Jun 20051782,02252.337.38$24,239
May 2005010945.226.65$725
Apr 2005011649.207.36$854
Mar 200502,68950.377.15$19,239
Feb 200502,65545.226.31$16,758
Jan 200504,31743.166.32$27,293
Dec 200402,61939.866.75$17,681
Nov 20041783,03845.286.33$27,292
Oct 200403,38949.706.52$22,080
Sep 200405,82443.245.28$30,773
Aug 200405,00542.375.55$27,781
Jul 200403,22138.286.08$19,597
Jun 200403,90436.106.43$25,115
May 200403,00737.486.49$19,529
Apr 200406,01934.475.86$35,262
Mar 20041564,80734.365.53$31,944
Feb 20041816,13832.455.51$39,692
Jan 200407,77232.036.30$48,961
Dec 200309,92330.266.30$62,531
Nov 20031628,93428.804.60$45,719
Oct 20031737,85928.174.76$42,279
Sep 20031799,47126.314.75$49,691
Aug 20031799,01929.765.13$51,592
Jul 200317710,60229.415.17$60,027
Jun 200313011,11928.565.98$70,237
May 200307,46726.595.97$44,598
Apr 200309,21026.675.41$49,801
Mar 200354212,02531.146.10$90,183
Feb 200318312,31233.487.93$103,710
Jan 200318115,66730.315.58$92,940
Dec 200233918,92026.914.85$100,956
Nov 200253622,51324.664.14$106,353
Oct 200235917,93426.464.23$85,344
Sep 200236019,71627.443.64$81,550
Aug 200253628,19325.963.16$103,122
Jul 200263930,60524.583.06$109,412
Jun 20021,06050,00123.733.34$192,069
May 20021,89565,13124.663.58$280,160
Apr 200236014,63823.653.51$59,927
Mar 200235815,46222.003.10$55,850

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                   12 Mcf  × $  3.05 =        $37

────────────────────────────────────────────────────
Month total                                      $37

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/188237 is the state's own key, not one this site invented.