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 189694District 04Field 021006252 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.9 M
Jul 2002 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
287
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 Gas112002-10-14149442
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
CondensateDisposition11,810 bbl$374,727
GasProduction1,023,526 Mcf$5,506,513
Total$5,881,240

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 26.7355, -98.3708. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.73550, -98.37083 · 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
9,020 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 9,020 ft.

Completions filed
Jul 2002
1 of 1 wells

1 well

42-4273348849,020 ftJul 2002

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 (287)

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

287 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 20191053.472.42$53
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 20181162.874.01$67
Dec 201752557.272.92$359
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 201558940.162.87$2,355
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 20140296.564.18$8
Jun 20141010398.164.74$1,470
May 20141777994.734.73$5,292
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140197.406.19$6
Jan 20140090.404.86$0
Dec 20130391.824.35$13
Nov 201301788.853.74$64
Oct 201303997.423.78$147
Sep 2013036104.113.72$134
Aug 2013190104.253.52$421
Jul 20130479102.523.72$1,781
Jun 2013068094.403.93$2,675
May 2013361194.834.15$2,820
Apr 2013268593.964.28$3,121
Mar 2013643893.623.91$2,276
Feb 2013160791.233.42$2,167
Jan 201311,03091.603.42$3,614
Dec 201201,09486.773.42$3,742
Nov 2012089186.953.62$3,230
Oct 2012098689.383.40$3,352
Sep 2012080994.672.92$2,361
Aug 201221,06492.662.91$3,280
Jul 201241,01485.133.02$3,404
Jun 20121179.822.52$82
May 2012189691.612.49$2,321
Apr 20121657101.652.00$1,414
Mar 201251,013105.052.22$2,776
Feb 201221,148101.102.57$3,153
Jan 2012054698.092.73$1,493
Dec 2011777896.873.24$3,199
Nov 20111083895.723.31$3,732
Oct 20111195984.983.65$4,434
Sep 201111,13683.623.99$4,611
Aug 2011419983.404.15$1,159
Jul 2011267694.144.52$3,242
Jun 201131,17492.904.64$5,726
May 2011030798.134.40$1,352
Apr 20110451105.964.33$1,954
Mar 2011363096.364.06$2,845
Feb 2011289285.644.18$3,900
Jan 20119989586.504.59$12,670
Dec 2010272185.734.35$3,306
Nov 201021,20080.843.80$4,716
Oct 201001,11378.103.51$3,905
Sep 2010018772.633.98$744
Aug 201051,16873.684.42$5,530
Jul 2010373572.554.74$3,699
Jun 201021,18570.364.91$5,960
May 201021,25471.124.24$5,453
Apr 2010394381.694.12$4,133
Mar 2010170678.394.39$3,177
Feb 201041,56273.585.44$8,795
Jan 201001,36174.365.96$8,117
Dec 2009021071.445.48$1,152
Nov 200901,35174.593.75$5,068
Oct 2009074272.544.11$3,050
Sep 200921,12365.543.06$3,573
Aug 2009197267.423.22$3,196
Jul 2009071361.133.46$2,470
Jun 2009296466.163.90$3,887
May 200931,61654.743.93$6,508
Apr 200921,43846.773.59$5,252
Mar 200931,51442.144.06$6,272
Feb 200911,80732.814.63$8,405
Jan 200911,92035.865.37$10,348
Dec 200801,57037.105.98$9,384
Nov 200801,07455.496.86$7,368
Oct 200801,81975.246.92$12,591
Sep 200801,619101.767.88$12,753
Aug 200802,084114.228.48$17,679
Jul 200801,234131.0811.39$14,055
Jun 200801,340131.3313.03$17,464
May 200811,697123.1711.57$19,765
Apr 200801,168110.3110.45$12,211
Mar 200801,230101.909.66$11,887
Feb 200801,88492.538.77$16,524
Jan 20081962,13290.388.21$35,209
Dec 200702,07588.337.30$15,152
Nov 200702,03191.677.29$14,809
Oct 200702,33382.856.92$16,149
Sep 200702,18375.846.24$13,631
Aug 200702,41669.066.39$15,433
Jul 200702,09570.906.39$13,383
Jun 200702,37262.007.55$17,905
May 200702,66458.747.85$20,902
Apr 200702,28759.617.81$17,850
Mar 200702,43456.927.30$17,773
Feb 200702,55455.108.22$20,984
Jan 200703,04350.306.73$20,470
Dec 200602,91456.656.92$20,160
Nov 200603,28554.207.62$25,023
Oct 200603,54554.906.01$21,319
Sep 20061033,56960.085.04$24,166
Aug 200603,48868.717.34$25,602
Jul 200603,55769.376.34$22,561
Jun 200603,65466.286.38$23,327
May 200604,05066.016.42$26,021
Apr 200603,40664.397.36$25,070
Mar 200604,18856.707.08$29,663
Feb 200603,91757.597.75$30,361
Jan 20061814,60860.598.93$52,132
Dec 200505,15854.9413.42$69,197
Nov 200504,97354.6910.59$52,656
Oct 200505,46558.3413.80$75,394
Sep 200505,32261.4512.08$64,284
Aug 200505,35661.519.80$52,472
Jul 200503,74155.697.84$29,343
Jun 20051955,55652.337.38$51,213
May 200506,21845.226.65$41,357
Apr 200506,28849.207.36$46,283
Mar 200506,65250.377.15$47,594
Feb 200506,58445.226.31$41,558
Jan 20051937,42043.166.32$55,241
Dec 200407,75039.866.75$52,321
Nov 200407,53345.286.33$47,687
Oct 200408,54249.706.52$55,652
Sep 20041908,25243.245.28$51,818
Aug 200408,99742.375.55$49,939
Jul 20041958,66438.286.08$60,178
Jun 200407,12236.106.43$45,816
May 200409,75537.486.49$63,355
Apr 20041978,44034.475.86$56,236
Mar 200409,71734.365.53$53,736
Feb 20042008,85932.455.51$55,300
Jan 2004011,61732.036.30$73,183
Dec 200319112,66530.266.30$85,590
Nov 200318512,87028.804.60$64,468
Oct 2003014,86228.174.76$70,738
Sep 200319217,66726.314.75$88,958
Aug 200317819,21129.765.13$103,844
Jul 200337922,87429.415.17$129,424
Jun 200319125,61228.565.98$158,691
May 200318034,10626.595.97$208,490
Apr 200320430,45226.675.41$170,103
Mar 200338737,49731.146.10$240,634
Feb 200357842,41533.487.93$355,528
Jan 200339551,93530.315.58$301,876
Dec 200257856,99826.914.85$292,209
Nov 200276063,39424.664.14$281,000
Oct 20021,35777,77026.464.23$364,805
Sep 20021,36979,22327.443.64$325,557
Aug 20021,74475,75825.963.16$284,985
Jul 200298831,52324.583.06$120,801

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 2019 — as filed, then multipliedworked
Condensate             1 bbl  × $ 53.47 =        $53
Gas                    0 Mcf  × $  2.42 =         $0

────────────────────────────────────────────────────
Month total                                      $53

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/189694 is the state's own key, not one this site invented.