GUERRA BROS.

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 196265District 04Field 021006252 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Jul 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
275
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 Gas112003-12-05153888
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
CondensateDisposition11,144 bbl$633,663
GasProduction609,407 Mcf$3,516,440
Total$4,150,103

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 26.7207, -98.3704. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.72066, -98.37035 · 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
Sep 2003
1 of 1 wells

1 well

42-42733621119,750 ftSep 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 (275)

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

275 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 20190053.472.42$0
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 20180062.874.01$0
Dec 201780057.272.92$4,582
Nov 2017808855.423.12$4,708
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 20160246.193.09$6
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 201504432.362.00$88
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201503242.892.93$94
Feb 201502844.662.98$83
Jan 20150043.433.10$0
Dec 20140154.693.59$4
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140796.564.18$29
Jun 201407398.164.74$346
May 20140094.734.73$0
Apr 201467195.944.81$917
Mar 20143129495.895.06$4,459
Feb 201401,27997.406.19$7,920
Jan 20141832,00990.404.86$26,308
Dec 201301,96491.824.35$8,552
Nov 201302,15188.853.74$8,041
Oct 201302,26797.423.78$8,568
Sep 20131382,228104.113.72$22,650
Aug 20132322,445104.253.52$32,799
Jul 201332,360102.523.72$9,081
Jun 201322,50194.403.93$10,026
May 2013501,92494.834.15$12,724
Apr 2013242,43293.964.28$12,670
Mar 2013782,41693.623.91$16,756
Feb 201332,46391.233.42$8,697
Jan 2013102,69591.603.42$10,133
Dec 201222,83186.773.42$9,856
Nov 2012252,53086.953.62$11,345
Oct 201262,77489.383.40$9,967
Sep 201202,32894.672.92$6,794
Aug 2012112,76892.662.91$9,069
Jul 201202,98285.133.02$9,008
Jun 201220113179.822.52$16,374
May 2012192,55491.612.49$8,096
Apr 2012122,488101.652.00$6,188
Mar 2012442,571105.052.22$10,335
Feb 2012133,673101.102.57$10,755
Jan 201213,66298.092.73$10,110
Dec 2011583,14596.873.24$15,807
Nov 2011753,38695.723.31$18,391
Oct 2011674,16484.983.65$20,886
Sep 2011143,39683.623.99$14,706
Aug 2011433,56583.404.15$18,379
Jul 2011193,30794.144.52$16,727
Jun 2011432,83092.904.64$17,126
May 201182,99198.134.40$13,960
Apr 2011122,967105.964.33$14,128
Mar 20112372,90396.364.06$34,616
Feb 2011222,89185.644.18$13,968
Jan 2011253,50086.504.59$18,223
Dec 2010303,48185.734.35$17,706
Nov 2010123,97180.843.80$16,041
Oct 20101804,08478.103.51$28,388
Sep 201003,42872.633.98$13,642
Aug 201003,71373.684.42$16,409
Jul 2010224,08372.554.74$20,935
Jun 2010104,34870.364.91$22,054
May 201004,57271.124.24$19,363
Apr 201003,06681.694.12$12,640
Mar 20101873,31978.394.39$29,225
Feb 2010233,45673.585.44$20,501
Jan 201023,50274.365.96$21,035
Dec 200902,99771.445.48$16,435
Nov 20091913,02874.593.75$25,606
Oct 200923,13472.544.11$13,027
Sep 2009103,03965.543.06$9,969
Aug 2009213,25167.423.22$11,879
Jul 200913,79561.133.46$13,209
Jun 20092244,15066.163.90$30,984
May 2009412,34254.743.93$11,438
Apr 2009162,70146.773.59$10,438
Mar 2009132,69842.144.06$11,499
Feb 2009102,41032.814.63$11,494
Jan 20091842,18535.865.37$18,334
Dec 2008162,82937.105.98$17,503
Nov 200844,10855.496.86$28,404
Oct 200873,82875.246.92$27,024
Sep 20084053,999101.767.88$72,713
Aug 2008104,704114.228.48$41,046
Jul 2008564,265131.0811.39$55,916
Jun 20081955,317131.3313.03$94,904
May 2008525,396123.1711.57$68,860
Apr 20083305,287110.3110.45$91,677
Mar 20081014,597101.909.66$54,718
Feb 200804,21092.538.77$36,924
Jan 200804,94090.388.21$40,536
Dec 200704,99788.337.30$36,488
Nov 200704,85291.677.29$35,379
Oct 200705,21582.856.92$36,098
Sep 200705,14075.846.24$32,095
Aug 200704,78069.066.39$30,534
Jul 200705,36470.906.39$34,265
Jun 200705,60962.007.55$42,339
May 20071936,93358.747.85$65,735
Apr 200707,53059.617.81$58,773
Mar 20071897,13056.927.30$62,821
Feb 200706,64755.108.22$54,612
Jan 20071369,75650.306.73$72,468
Dec 200625010,26856.656.92$85,201
Nov 200604,73954.207.62$36,099
Oct 2006033554.906.01$2,015
Sep 2006063760.085.04$3,209
Aug 2006066268.717.34$4,859
Jul 2006059669.376.34$3,780
Jun 2006060466.286.38$3,856
May 200611231466.016.42$9,411
Apr 2006036264.397.36$2,664
Mar 2006037156.707.08$2,628
Feb 2006065457.597.75$5,069
Jan 200620144860.598.93$16,181
Dec 200501,20954.9413.42$16,219
Nov 200502,11254.6910.59$22,363
Oct 20052023,22258.3413.80$56,235
Sep 200502,26261.4512.08$27,323
Aug 200503,82561.519.80$37,473
Jul 200502,15755.697.84$16,919
Jun 200503,72652.337.38$27,502
May 20051953,90145.226.65$34,764
Apr 200502,86749.207.36$21,103
Mar 20051972,56650.377.15$28,282
Feb 200503,39645.226.31$21,435
Jan 200503,35143.166.32$21,186
Dec 200401,57639.866.75$10,640
Nov 2004095545.286.33$6,046
Oct 20041926,34049.706.52$50,848
Sep 200408,26143.245.28$43,650
Aug 20041996,56942.375.55$44,894
Jul 20041973,77638.286.08$30,515
Jun 200404,65236.106.43$29,926
May 2004011,68937.486.49$75,915
Apr 20041977,25134.475.86$49,270
Mar 200438411,28134.365.53$75,580
Feb 200420113,86132.455.51$82,891
Jan 200420315,69232.036.30$105,356
Dec 200359221,12230.266.30$151,017
Nov 200336826,50028.804.60$132,370
Oct 20035883,24928.174.76$32,028
Sep 20031,33944,42226.314.75$246,205
Aug 200377737,29729.765.13$214,447
Jul 2003020,03329.415.17$103,587

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.

Dec 2017 — as filed, then multipliedworked
Condensate            80 bbl  × $ 57.27 =     $4,582
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                   $4,582

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/196265 is the state's own key, not one this site invented.