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 194613District 04Field 021006252 tax incentive programmesCondensateGasSaveExport
Value, all time
$27.8 M
Apr 2003 – May 2026
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
278
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 Gas112003-09-30153139
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
CondensateDisposition44,176 bbl$1,663,808
GasProduction4,283,723 Mcf$26,184,130
Total$27,847,938

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 26.7419, -98.3716. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.74188, -98.37158 · 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.

Completions filed
Nov 2013
1 of 1 wells

1 well

42-42733591119,750 ftNov 2013

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 (278)

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

278 months

May 20265473106.413.05$1,973
Apr 2026027198.932.87$778
Mar 2026545489.753.15$1,879
Feb 2026248463.503.75$1,942
Jan 2026238859.138.00$3,221
Dec 2025238056.664.41$1,790
Nov 2025548258.593.93$2,185
Oct 2025258159.383.30$2,039
Sep 2025243462.743.08$1,461
Aug 2025236863.933.01$1,237
Jul 2025259266.743.32$2,096
Jun 2025551466.483.13$1,941
May 2025037260.553.23$1,202
Apr 2025254262.363.54$2,045
Mar 2025250567.704.27$2,291
Feb 2025238670.884.34$1,817
Jan 2025074174.324.28$3,171
Dec 2024032268.993.12$1,005
Nov 2024530169.052.20$1,007
Oct 20242366771.372.28$3,163
Sep 2024245469.612.36$1,213
Aug 2024233975.632.06$851
Jul 2024546579.932.15$1,398
Jun 20249757078.082.63$9,075
May 2024249878.812.20$1,252
Apr 2024231484.451.66$690
Mar 2024248980.301.55$916
Feb 2024460876.091.78$1,389
Jan 2024233873.023.30$1,261
Dec 2023447671.262.61$1,528
Nov 2023266277.892.81$2,014
Oct 2023448485.443.09$1,836
Sep 2023019389.042.74$528
Aug 2023430680.522.67$1,140
Jul 2023247574.852.64$1,405
Jun 2023435868.962.26$1,084
May 2023350570.622.23$1,337
Apr 202321,16478.122.24$2,761
Mar 202308572.852.39$203
Feb 20234775.112.47$318
Jan 202323676.533.39$275
Dec 2022231576.415.73$1,957
Nov 2022266685.005.65$3,930
Oct 2022413687.185.86$1,146
Sep 2022429184.888.16$2,715
Aug 2022041294.529.13$3,760
Jul 20224545101.587.54$4,517
Jun 20224355115.097.98$3,292
May 20224564109.378.43$5,194
Apr 20221227104.226.84$1,656
Mar 20221516108.885.08$2,728
Feb 2022125591.054.86$1,330
Jan 2022330581.844.54$1,630
Dec 2021237471.323.90$1,601
Nov 202112235477.435.24$11,300
Oct 2021442479.795.71$2,742
Sep 2021245969.865.35$2,596
Aug 2021239066.024.22$1,778
Jul 2021621570.783.98$1,281
Jun 2021341569.493.38$1,611
May 2021036063.483.02$1,086
Apr 2021537960.362.76$1,347
Mar 2021042761.302.72$1,160
Feb 202111534157.805.55$8,539
Jan 2021358450.412.81$1,792
Dec 2020619944.642.68$800
Nov 2020551938.772.71$1,599
Oct 2020133536.972.48$867
Sep 2020050337.091.99$1,001
Aug 2020040939.982.39$976
Jul 2020034038.371.83$621
Jun 2020036734.901.69$620
May 2020044416.921.81$806
Apr 2020024214.751.80$437
Mar 2020038230.341.86$709
Feb 2020040549.881.98$802
Jan 2020149657.252.09$1,096
Dec 2019232459.012.30$865
Nov 2019538855.302.75$1,344
Oct 2019246853.472.42$1,239
Sep 2019042455.052.66$1,127
Aug 2019031553.112.30$726
Jul 2019028056.272.46$689
Jun 2019031652.782.49$787
May 2019035558.482.74$973
Apr 2019030162.632.75$828
Mar 2019034856.803.06$1,066
Feb 2019041950.852.79$1,170
Jan 2019039146.033.23$1,262
Dec 2018038846.594.19$1,624
Nov 2018040252.934.24$1,703
Oct 2018098761.443.40$3,354
Sep 2018042859.543.11$1,330
Aug 201803059.403.07$92
Jul 2018043065.142.93$1,261
Jun 201801,65960.183.08$5,105
May 20180365.382.90$9
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018031961.782.77$882
Jan 2018161362.874.01$2,521
Dec 20172322157.272.92$1,963
Nov 2017435855.423.12$1,338
Oct 2017057149.292.98$1,704
Sep 2017079247.523.09$2,445
Aug 201703045.373.00$90
Jul 2017052043.873.09$1,605
Jun 2017020042.493.09$617
May 2017099045.373.26$3,231
Apr 20170047.933.21$0
Mar 20170246.772.98$6
Feb 2017015450.452.95$455
Jan 2017032949.413.42$1,125
Dec 2016057648.763.72$2,144
Nov 20160542.492.64$13
Oct 2016018646.193.09$575
Sep 2016015041.553.10$465
Aug 201601,12541.442.92$3,290
Jul 2016042841.622.92$1,252
Jun 201605545.352.69$148
May 201611,14842.521.99$2,328
Apr 201606336.561.99$125
Mar 2016031833.011.79$571
Feb 201601,61426.472.06$3,331
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 201573142.992.76$3,141
Aug 201542040.162.87$1,687
Jul 2015251048.152.95$1,598
Jun 2015199556.152.88$2,925
May 2015123355.212.96$744
Apr 20150549.822.71$14
Mar 20150742.892.93$21
Feb 2015228644.662.98$941
Jan 2015078243.433.10$2,425
Dec 2014035054.693.59$1,257
Nov 2014386270.464.25$3,876
Oct 201422,09378.303.90$8,321
Sep 201401286.164.05$49
Aug 201401689.394.04$65
Jul 201403,40696.564.18$14,236
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 201442,36195.944.81$11,738
Mar 201456,77695.895.06$34,744
Feb 201418915,45297.406.19$114,087
Jan 201419823,02490.404.86$129,812
Dec 201319823,96991.824.35$122,553
Nov 2013015,19188.853.74$56,788
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201305104.253.52$18
Jul 201307102.523.72$26
Jun 201302594.403.93$98
May 201302494.834.15$100
Apr 20130093.964.28$0
Mar 20130493.623.91$16
Feb 201302691.233.42$89
Jan 2013014991.603.42$510
Dec 201201286.773.42$41
Nov 201201086.953.62$36
Oct 2012093189.383.40$3,165
Sep 201201,19994.672.92$3,499
Aug 201204892.662.91$140
Jul 201216352185.133.02$15,450
Jun 20120079.822.52$0
May 2012151,42691.612.49$4,922
Apr 201201,887101.652.00$3,768
Mar 20120104105.052.22$231
Feb 2012028101.102.57$72
Jan 201205098.092.73$137
Dec 20110096.873.24$0
Nov 201123995.723.31$321
Oct 201142184.983.65$417
Sep 2011195083.623.99$3,870
Aug 2011970583.404.15$3,676
Jul 2011575094.144.52$3,859
Jun 201182,27092.904.64$11,276
May 2011279998.134.40$3,716
Apr 20112161105.964.33$910
Mar 2011231,29796.364.06$7,479
Feb 2011151,37085.644.18$7,011
Jan 2011121,39686.504.59$7,444
Dec 20101296285.734.35$5,211
Nov 2010473180.843.80$3,098
Oct 201002,07878.103.51$7,291
Sep 201022,79172.633.98$11,252
Aug 201021,27773.684.42$5,791
Jul 201001972.554.74$90
Jun 201011,16370.364.91$5,781
May 201021,20571.124.24$5,246
Apr 201031,09981.694.12$4,776
Mar 2010036578.394.39$1,602
Feb 20101811,48873.585.44$21,416
Jan 201001,58674.365.96$9,459
Dec 200902,38571.445.48$13,079
Nov 200902,52374.593.75$9,465
Oct 200901,44772.544.11$5,948
Sep 200942,08565.543.06$6,652
Aug 200922,01067.423.22$6,604
Jul 200901,98661.133.46$6,881
Jun 200932,88966.163.90$11,451
May 200943,43454.743.93$13,700
Apr 200983,14446.773.59$11,653
Mar 200983,27042.144.06$13,610
Feb 200943,30132.814.63$15,425
Jan 20091962,43335.865.37$20,096
Dec 200803,35737.105.98$20,065
Nov 200802,79855.496.86$19,195
Oct 200814,13375.246.92$28,684
Sep 200824,432101.767.88$35,115
Aug 200814,267114.228.48$36,311
Jul 200856,778131.0811.39$77,853
Jun 200816,187131.3313.03$80,764
May 2008585,652123.1711.57$72,562
Apr 20081245,311110.3110.45$69,204
Mar 200805,925101.909.66$57,260
Feb 200803,05792.538.77$26,812
Jan 200818711,18090.388.21$108,641
Dec 2007028,88588.337.30$210,917
Nov 2007011,12691.677.29$81,127
Oct 2007012,26182.856.92$84,870
Sep 20071709,60875.846.24$72,887
Aug 2007016,65769.066.39$106,404
Jul 2007013,52570.906.39$86,397
Jun 2007012,61662.007.55$95,231
May 2007015,83558.747.85$124,246
Apr 200719114,12759.617.81$121,650
Mar 2007015,96456.927.30$116,569
Feb 200718518,56755.108.22$162,740
Jan 2007017,56450.306.73$118,150
Dec 200619517,56856.656.92$132,590
Nov 2006019,12454.207.62$145,677
Oct 200612222,42454.906.01$141,551
Sep 200619322,00760.085.04$122,449
Aug 2006021,44368.717.34$157,390
Jul 200617322,37669.376.34$153,927
Jun 200617922,97666.286.38$158,540
May 200628226,14566.016.42$186,596
Apr 200618925,57664.397.36$200,421
Mar 200619228,46756.707.08$212,516
Feb 200619226,91157.597.75$219,648
Jan 200619732,12060.598.93$298,874
Dec 200518933,75554.9413.42$463,220
Nov 200519234,38254.6910.59$374,551
Oct 200539536,43058.3413.80$525,624
Sep 200519936,47761.4512.08$452,834
Aug 200538840,79561.519.80$423,528
Jul 200520440,90655.697.84$332,213
Jun 200558239,36752.337.38$321,025
May 200539045,25445.226.65$318,627
Apr 200540244,63849.207.36$348,336
Mar 200559950,32050.377.15$390,205
Feb 200538948,08145.226.31$321,074
Jan 200558757,17143.166.32$386,781
Dec 200459362,13639.866.75$443,122
Nov 200457765,20045.286.33$438,870
Oct 200479173,40849.706.52$517,573
Sep 200477676,33843.245.28$436,917
Aug 200460187,57142.375.55$511,541
Jul 20041,16698,94538.286.08$646,634
Jun 200454877,22636.106.43$516,579
May 20041,15984,25837.486.49$590,660
Apr 20041,17391,37434.475.86$575,744
Mar 20041,350105,96534.365.53$632,387
Feb 20041,564122,25432.455.51$724,325
Jan 20041,376105,91632.036.30$711,306
Dec 20031,377126,72930.266.30$840,269
Nov 20031,760237,07628.804.60$1,140,090
Oct 20031,951172,52228.174.76$876,102
Sep 20032,338197,23726.314.75$998,262
Aug 20032,527248,19429.765.13$1,348,369
Jul 20033,857300,95929.415.17$1,669,645
Jun 20034,419338,77928.565.98$2,153,108
May 20034,939337,94426.595.97$2,149,759
Apr 2003019,49526.675.41$105,415

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             5 bbl  × $106.41 =       $532
Gas                  473 Mcf  × $  3.05 =     $1,441

────────────────────────────────────────────────────
Month total                                   $1,973

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/194613 is the state's own key, not one this site invented.