SMITH GAS UNIT

Operated by MERIT ENERGY COMPANY (P-5 561136) in the MONTE CHRISTO, N. (VICKSBURG U) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 197690District 04Field 625589802 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.3 M
Aug 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
274
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
2003-07-28
as the register files it
Field class
Gas
the register's own label
Between wells
933 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 2003-10-07.

The Commission's schedule remark for this field reads: TO FILE MOST CURRENT TEST OR TEST FILED ON PREVIOUS SURVEY.

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 Gas112004-04-19156031
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
CondensateDisposition249 bbl$15,467
GasProduction3,263,547 Mcf$19,246,026
Total$19,261,493

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 26.4794, -98.2681. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.47937, -98.26812 · 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
19,288 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 19,288 ft.

Completions filed
Aug 2003
1 of 1 wells

1 well

42-21533104119,288 ftAug 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 (274)

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

274 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 201802362.874.01$92
Dec 2017338657.272.92$2,141
Nov 201707255.423.12$225
Oct 201706749.292.98$200
Sep 201707347.523.09$225
Aug 201705545.373.00$165
Jul 201703643.873.09$111
Jun 201704542.493.09$139
May 201704445.373.26$144
Apr 201704247.933.21$135
Mar 201704846.772.98$143
Feb 201705350.452.95$156
Jan 201704649.413.42$157
Dec 201605248.763.72$194
Nov 201605142.492.64$135
Oct 201603346.193.09$102
Sep 201602541.553.10$78
Aug 201602641.442.92$76
Jul 201602641.622.92$76
Jun 201602145.352.69$56
May 201601642.521.99$32
Apr 20160036.561.99$0
Mar 20160133.011.79$2
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150438.792.17$9
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 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 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130197.423.78$4
Sep 201302,672104.113.72$9,934
Aug 201311104.253.52$108
Jul 201300102.523.72$0
Jun 2013011294.403.93$441
May 2013066294.834.15$2,747
Apr 201301,28893.964.28$5,516
Mar 2013020093.623.91$783
Feb 2013050691.233.42$1,730
Jan 2013095791.603.42$3,273
Dec 201203,25586.773.42$11,133
Nov 201203,39286.953.62$12,296
Oct 201201,17889.383.40$4,005
Sep 201203,67394.672.92$10,719
Aug 2012087292.662.91$2,536
Jul 201211,51285.133.02$4,653
Jun 201215,64279.822.52$14,292
May 201205,08191.612.49$12,643
Apr 201226,520101.652.00$13,222
Mar 201204,644105.052.22$10,319
Feb 201213,750101.102.57$9,740
Jan 201207,31798.092.73$20,005
Dec 201126,48796.873.24$21,210
Nov 2011010,04995.723.31$33,275
Oct 201104,04184.983.65$14,744
Sep 2011110,36783.623.99$41,404
Aug 201139,67083.404.15$40,374
Jul 201118,85394.144.52$40,085
Jun 2011311,69492.904.64$54,537
May 201114,21898.134.40$18,678
Apr 201158,972105.964.33$39,408
Mar 201124,89396.364.06$20,045
Feb 201145,98385.644.18$25,351
Jan 2011010,49786.504.59$48,168
Dec 2010011,98185.734.35$52,090
Nov 2010710,91080.843.80$41,973
Oct 2010812,40578.103.51$44,153
Sep 201077,73372.633.98$31,282
Aug 2010912,87073.684.42$57,540
Jul 2010313,53272.554.74$64,312
Jun 2010814,85970.364.91$73,527
May 2010314,09171.124.24$59,892
Apr 2010413,21781.694.12$54,816
Mar 2010213,31778.394.39$58,601
Feb 2010110,56073.585.44$57,545
Jan 2010817,87574.365.96$107,203
Dec 2009315,83571.445.48$87,050
Nov 200912,48274.593.75$9,386
Oct 200906,91872.544.11$28,435
Sep 200928,34965.543.06$25,719
Aug 200919,19667.423.22$29,665
Jul 200907,12661.133.46$24,688
Jun 200906466.163.90$249
May 200906,14454.743.93$24,120
Apr 200917,67746.773.59$27,588
Mar 2009215,66342.144.06$63,660
Feb 200906,90432.814.63$31,986
Jan 2009211,91035.865.37$64,040
Dec 200826,26137.105.98$37,497
Nov 200826,23855.496.86$42,906
Oct 200811,81675.246.92$12,646
Sep 20080871101.767.88$6,861
Aug 200832,559114.228.48$22,051
Jul 200817,643131.0811.39$87,180
Jun 200823,212131.3313.03$42,123
May 200801,329123.1711.57$15,382
Apr 20080110110.3110.45$1,150
Mar 200816,607101.909.66$63,952
Feb 200807,75792.538.77$68,033
Jan 2008412,29790.388.21$101,267
Dec 2007011,43088.337.30$83,462
Nov 2007518,25291.677.29$133,546
Oct 2007219,15982.856.92$132,784
Sep 2007116,44875.846.24$102,780
Aug 2007218,09869.066.39$115,747
Jul 2007011,55670.906.39$73,819
Jun 2007011,90862.007.55$89,887
May 2007015,33558.747.85$120,323
Apr 2007020,42959.617.81$159,452
Mar 2007015,76356.927.30$115,101
Feb 2007415,57055.108.22$128,144
Jan 2007012,66350.306.73$85,182
Dec 2006019,33456.656.92$133,761
Nov 2006018,31554.207.62$139,514
Oct 2006021,34054.906.01$128,334
Sep 2006021,35860.085.04$107,585
Aug 2006022,62968.717.34$166,095
Jul 2006023,13669.376.34$146,746
Jun 2006023,49766.286.38$150,002
May 2006022,65766.016.42$145,571
Apr 2006022,64664.397.36$166,685
Mar 2006024,11356.707.08$170,790
Feb 2006020,30757.597.75$157,402
Jan 2006021,51660.598.93$192,209
Dec 2005020,32654.9413.42$272,681
Nov 2005026,02354.6910.59$275,542
Oct 2005029,65158.3413.80$409,058
Sep 2005027,35861.4512.08$330,457
Aug 2005029,75561.519.80$291,505
Jul 2005034,23155.697.84$268,496
Jun 2005032,73552.337.38$241,618
May 2005037,39045.226.65$248,687
Apr 2005039,57849.207.36$291,313
Mar 2005041,01450.377.15$293,450
Feb 2005019,54245.226.31$123,348
Jan 2005038,87243.166.32$245,757
Dec 2004047,21139.866.75$318,725
Nov 2004034,17345.286.33$216,329
Oct 2004052,42149.706.52$341,528
Sep 2004049,32643.245.28$260,634
Aug 2004039,81742.375.55$221,011
Jul 2004061,53538.286.08$374,390
Jun 2004055,73536.106.43$358,544
May 20048660,30637.486.49$394,885
Apr 2004069,77334.475.86$408,762
Mar 2004095,26334.365.53$526,818
Feb 20040103,03032.455.51$567,656
Jan 20040132,60432.036.30$835,357
Dec 20030158,58730.266.30$999,358
Nov 20030199,28628.804.60$915,751
Oct 20030290,00528.174.76$1,380,319
Sep 20030522,65326.314.75$2,482,267
Aug 200309,66629.765.13$49,584

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.

Jan 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.87 =         $0
Gas                   23 Mcf  × $  4.01 =        $92

────────────────────────────────────────────────────
Month total                                      $92

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/197690 is the state's own key, not one this site invented.