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 193695District 04Field 021006252 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.9 M
Feb 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
280
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 Gas222003-09-30 – 2003-10-242 dockets
NGPA2none

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
CondensateDisposition42,262 bbl$1,538,622
GasProduction3,570,735 Mcf$21,374,684
Total$22,913,306

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 26.7409, -98.3663. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.74087, -98.36631 · 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
9,483 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 9,483 ft.

Completions filed
Jun 2003
1 of 1 wells

1 well

42-4273356899,483 ftJun 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 (280)

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

280 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 202201685.005.65$90
Oct 202214687.185.86$357
Sep 202213384.888.16$354
Aug 202205294.529.13$475
Jul 2022042101.587.54$317
Jun 2022045115.097.98$359
May 2022138109.378.43$430
Apr 2022124104.226.84$268
Mar 2022144108.885.08$332
Feb 202212791.054.86$222
Jan 202223781.844.54$332
Dec 202114571.323.90$247
Nov 202114277.435.24$297
Oct 202124679.795.71$422
Sep 202115469.865.35$359
Aug 202115166.024.22$281
Jul 2021212870.783.98$651
Jun 202116469.493.38$286
May 20210063.483.02$0
Apr 2021115660.362.76$491
Mar 2021013661.302.72$370
Feb 2021217557.805.55$1,086
Jan 2021322650.412.81$786
Dec 2020326644.642.68$846
Nov 2020325238.772.71$798
Oct 2020116936.972.48$456
Sep 2020014637.091.99$291
Aug 2020020839.982.39$496
Jul 2020029638.371.83$540
Jun 2020022634.901.69$382
May 2020026116.921.81$474
Apr 2020024814.751.80$447
Mar 2020127530.341.86$541
Feb 2020228049.881.98$654
Jan 2020330457.252.09$809
Dec 2019143459.012.30$1,059
Nov 2019030955.302.75$850
Oct 2019139353.472.42$1,004
Sep 2019035255.052.66$935
Aug 2019035953.112.30$827
Jul 2019036456.272.46$895
Jun 2019014552.782.49$361
May 201909258.482.74$252
Apr 201908962.632.75$245
Mar 201909656.803.06$294
Feb 201907050.852.79$195
Jan 2019013246.033.23$426
Dec 201805646.594.19$234
Nov 201806552.934.24$275
Oct 2018011961.443.40$404
Sep 2018011159.543.11$345
Aug 201809059.403.07$276
Jul 201806565.142.93$191
Jun 201807060.183.08$215
May 201808765.382.90$252
Apr 201808763.842.90$252
Mar 201809961.222.79$276
Feb 201809561.782.77$263
Jan 2018111662.874.01$528
Dec 2017513957.272.92$692
Nov 2017012355.423.12$384
Oct 20173115749.292.98$1,996
Sep 2017010647.523.09$327
Aug 2017011845.373.00$355
Jul 2017011343.873.09$349
Jun 201709442.493.09$290
May 2017010245.373.26$333
Apr 2017015247.933.21$488
Mar 2017019946.772.98$594
Feb 201709050.452.95$266
Jan 2017018149.413.42$619
Dec 2016014348.763.72$532
Nov 2016134242.492.64$947
Oct 2016217546.193.09$633
Sep 2016021541.553.10$667
Aug 2016029341.442.92$857
Jul 2016026141.622.92$763
Jun 2016022145.352.69$594
May 2016033442.521.99$665
Apr 2016029036.561.99$577
Mar 2016041033.011.79$736
Feb 2016032226.472.06$664
Jan 2016037827.352.36$894
Dec 2015629832.362.00$791
Nov 2015635638.792.17$1,004
Oct 2015024443.552.43$592
Sep 201518048242.992.76$9,068
Aug 2015548540.162.87$1,594
Jul 2015245948.152.95$1,448
Jun 2015027356.152.88$787
May 20150055.212.96$0
Apr 2015027949.822.71$755
Mar 2015051642.892.93$1,514
Feb 2015046344.662.98$1,378
Jan 2015039743.433.10$1,231
Dec 2014024154.693.59$866
Nov 2014024870.464.25$1,054
Oct 2014032178.303.90$1,252
Sep 2014030186.164.05$1,218
Aug 2014035889.394.04$1,445
Jul 2014047296.564.18$1,973
Jun 2014035198.164.74$1,663
May 2014027294.734.73$1,286
Apr 2014023895.944.81$1,145
Mar 2014150495.895.06$2,645
Feb 2014047697.406.19$2,947
Jan 2014072690.404.86$3,529
Dec 2013038891.824.35$1,690
Nov 2013069088.853.74$2,579
Oct 201301,02397.423.78$3,866
Sep 20135762104.113.72$3,353
Aug 20131728104.253.52$2,669
Jul 20130873102.523.72$3,246
Jun 2013093994.403.93$3,693
May 2013072994.834.15$3,025
Apr 2013054993.964.28$2,351
Mar 2013048193.623.91$1,882
Feb 2013046691.233.42$1,594
Jan 2013061591.603.42$2,103
Dec 2012058386.773.42$1,994
Nov 201218253986.953.62$17,779
Oct 201212,41389.383.40$8,293
Sep 201203,00794.672.92$8,776
Aug 201213,28692.662.91$9,649
Jul 201202,80185.133.02$8,461
Jun 20120079.822.52$0
May 201222,74591.612.49$7,014
Apr 201211,983101.652.00$4,061
Mar 201241,290105.052.22$3,287
Feb 201221,306101.102.57$3,559
Jan 20121791,54198.092.73$21,771
Dec 201152,31996.873.24$7,997
Nov 201183,29995.723.31$11,690
Oct 201172,00784.983.65$7,917
Sep 201112,17783.623.99$8,761
Aug 201145,33183.404.15$22,454
Jul 201122,87094.144.52$13,153
Jun 201152,59492.904.64$12,500
May 201102,20598.134.40$9,713
Apr 201101,639105.964.33$7,102
Mar 201121,85296.364.06$7,707
Feb 201121,48785.644.18$6,387
Jan 20111861,70386.504.59$23,904
Dec 201022,58485.734.35$11,406
Nov 201011,80680.843.80$6,935
Oct 201001,58878.103.51$5,572
Sep 201011,92272.633.98$7,721
Aug 201011,83073.684.42$8,161
Jul 201021,96072.554.74$9,429
Jun 20101892,20570.364.91$24,125
May 201012,40071.124.24$10,236
Apr 201022,49681.694.12$10,454
Mar 201012,48378.394.39$10,975
Feb 201012,86473.585.44$15,661
Jan 20101802,62474.365.96$29,035
Dec 200903,87971.445.48$21,271
Nov 200903,30874.593.75$12,410
Oct 200903,41772.544.11$14,045
Sep 200922,45865.543.06$7,664
Aug 200923,92067.423.22$12,751
Jul 20091933,70461.133.46$24,631
Jun 200924,14566.163.90$16,277
May 200923,78954.743.93$14,984
Apr 200944,44046.773.59$16,116
Mar 200926,15642.144.06$25,071
Feb 200945,34532.814.63$24,895
Jan 200905,92435.865.37$31,818
Dec 20081995,89537.105.98$42,618
Nov 200804,04055.496.86$27,716
Oct 200803,07275.246.92$21,264
Sep 200812,025101.767.88$16,053
Aug 200817,804114.228.48$66,316
Jul 20082009,596131.0811.39$135,509
Jun 200828,983131.3313.03$117,335
May 20082310,512123.1711.57$124,502
Apr 200823210,183110.3110.45$132,054
Mar 200806,569101.909.66$63,483
Feb 200806,14792.538.77$53,913
Jan 200806,84090.388.21$56,127
Dec 20071978,01988.337.30$75,956
Nov 200704,97191.677.29$36,247
Oct 200708,77582.856.92$60,740
Sep 200715310,67975.846.24$78,285
Aug 200707,46269.066.39$47,667
Jul 200706,03170.906.39$38,526
Jun 20071827,77662.007.55$69,981
May 200708,63258.747.85$67,729
Apr 200708,14759.617.81$63,589
Mar 2007010,14856.927.30$74,100
Feb 20071939,54755.108.22$89,072
Jan 2007010,27250.306.73$69,098
Dec 200609,34056.656.92$64,618
Nov 20067210,28854.207.62$82,271
Oct 20065112,57354.906.01$78,411
Sep 200624813,31760.085.04$81,980
Aug 200608,77668.717.34$64,415
Jul 200618710,15769.376.34$77,396
Jun 200609,84266.286.38$62,830
May 200619711,95166.016.42$89,789
Apr 2006014,80564.397.36$108,972
Mar 200620217,87656.707.08$138,068
Feb 2006016,48757.597.75$127,793
Jan 200620117,15660.598.93$165,439
Dec 200519918,76154.9413.42$262,619
Nov 200520418,66954.6910.59$208,832
Oct 200519817,94458.3413.80$259,102
Sep 200519922,36061.4512.08$282,315
Aug 200519819,00261.519.80$198,339
Jul 200518920,54155.697.84$171,642
Jun 200519421,41052.337.38$168,180
May 200539525,59745.226.65$188,112
Apr 200519825,62249.207.36$198,332
Mar 200538326,90750.377.15$211,808
Feb 200519826,50645.226.31$176,257
Jan 200519832,51043.166.32$214,080
Dec 200439135,03739.866.75$252,123
Nov 200439337,55945.286.33$255,559
Oct 200478646,28049.706.52$340,583
Sep 200440850,14543.245.28$282,603
Aug 200458361,34742.375.55$365,218
Jul 200478674,36838.286.08$482,556
Jun 200477056,61736.106.43$392,015
May 200477363,61837.486.49$442,144
Apr 200494371,05234.475.86$448,761
Mar 200478284,69734.365.53$495,256
Feb 20041,37693,14032.455.51$557,817
Jan 20041,383109,76232.036.30$735,759
Dec 200399290,67830.266.30$601,438
Nov 20031,757158,26228.804.60$777,841
Oct 20031,945168,43228.174.76$856,466
Sep 20031,949165,85926.314.75$839,002
Aug 20033,275248,38029.765.13$1,371,584
Jul 20032,851153,42629.415.17$877,189
Jun 20031,926123,78428.565.98$795,601
May 20031,704249,88326.595.97$1,537,781
Apr 20034,037309,23426.675.41$1,779,782
Mar 20035,688303,72931.146.10$2,028,668
Feb 2003046,38633.487.93$367,650

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.

Nov 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 85.00 =         $0
Gas                   16 Mcf  × $  5.65 =        $90

────────────────────────────────────────────────────
Month total                                      $90

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/193695 is the state's own key, not one this site invented.