GUERRA BROS.

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

Gas lease lease 198041District 04Field 509554472 tax incentive programmesCondensateGasSaveExport
Value, all time
$32.9 M
Nov 2003 – May 2026
Value, last 12 filed months
$124 k
at the published price for each month
Months reported
271
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1989-07-18
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFFECTIVE 1/1/94.

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 Gas112004-11-04158557
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
CondensateDisposition64,156 bbl$3,173,474
GasProduction4,745,882 Mcf$29,729,847
Total$32,903,321

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 26.6802, -98.3767. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.68016, -98.37668 · 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
9,730 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 9,730 ft.

Completions filed
Sep 2004
1 of 1 wells

1 well

42-42733667129,730 ftSep 2004

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 (271)

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

271 months

May 2026582,365106.413.05$13,375
Apr 202602,16798.932.87$6,219
Mar 202602,41689.753.15$7,609
Feb 2026392,25363.503.75$10,926
Jan 202602,45659.138.00$19,643
Dec 202502,40956.664.41$10,632
Nov 202502,43058.593.93$9,541
Oct 20251112,50959.383.30$14,883
Sep 202502,45362.743.08$7,548
Aug 202502,59663.933.01$7,826
Jul 202502,48966.743.32$8,252
Jun 202502,54266.483.13$7,953
May 2025502,58860.553.23$11,393
Apr 202502,40762.363.54$8,528
Mar 202502,70067.704.27$11,524
Feb 202502,48370.884.34$10,778
Jan 2025602,68074.324.28$15,926
Dec 202402,65568.993.12$8,287
Nov 202402,58469.052.20$5,681
Oct 2024662,66771.372.28$10,795
Sep 202402,68469.612.36$6,346
Aug 202402,72175.632.06$5,615
Jul 2024482,57279.932.15$9,358
Jun 202402,51778.082.63$6,630
May 202402,69978.812.20$5,934
Apr 2024632,69484.451.66$9,790
Mar 2024472,85580.301.55$8,185
Feb 202402,68876.091.78$4,794
Jan 2024612,85273.023.30$13,859
Dec 202302,85071.262.61$7,441
Nov 202302,83677.892.81$7,962
Oct 202303,00685.443.09$9,280
Sep 20231372,91389.042.74$20,166
Aug 202302,99680.522.67$8,008
Jul 202302,99474.852.64$7,910
Jun 202302,93768.962.26$6,633
May 202303,17370.622.23$7,068
Apr 2023713,04178.122.24$12,352
Mar 2023763,22672.852.39$13,257
Feb 202302,57375.112.47$6,344
Jan 202303,09476.533.39$10,482
Dec 2022873,27476.415.73$25,405
Nov 202203,24885.005.65$18,339
Oct 202203,34287.185.86$19,597
Sep 2022733,32884.888.16$33,365
Aug 202203,02994.529.13$27,646
Jul 2022803,436101.587.54$34,041
Jun 202203,355115.097.98$26,764
May 202203,541109.378.43$29,861
Apr 2022793,290104.226.84$30,729
Mar 2022683,415108.885.08$24,740
Feb 202203,15791.054.86$15,339
Jan 202203,40181.844.54$15,433
Dec 202103,62671.323.90$14,138
Nov 2021643,53477.435.24$23,463
Oct 2021803,47579.795.71$26,239
Sep 202103,54669.865.35$18,974
Aug 202103,69666.024.22$15,599
Jul 202103,71370.783.98$14,785
Jun 202101,88869.493.38$6,383
May 2021045963.483.02$1,385
Apr 2021873,43860.362.76$14,735
Mar 202103,86561.302.72$10,501
Feb 202103,59857.805.55$19,962
Jan 202103,29450.412.81$9,257
Dec 2020612,66944.642.68$9,864
Nov 2020163,44538.772.71$9,944
Oct 202002,25736.972.48$5,594
Sep 202002,39437.091.99$4,767
Aug 202002,58039.982.39$6,154
Jul 2020713,11138.371.83$8,402
Jun 202003,18334.901.69$5,380
May 202003,29416.921.81$5,978
Apr 202003,60214.751.80$6,499
Mar 202062,12830.341.86$4,132
Feb 2020721,69349.881.98$6,945
Jan 202002,91457.252.09$6,104
Dec 201902,68259.012.30$6,180
Nov 2019872,79155.302.75$12,488
Oct 2019283,18853.472.42$9,207
Sep 201903,25755.052.66$8,655
Aug 201903,23053.112.30$7,443
Jul 201903,46456.272.46$8,522
Jun 201903,54152.782.49$8,821
May 2019452,52158.482.74$9,540
Apr 2019055462.632.75$1,524
Mar 2019050656.803.06$1,549
Feb 2019054350.852.79$1,516
Jan 2019080246.033.23$2,589
Dec 2018048546.594.19$2,030
Nov 20186758052.934.24$6,004
Oct 201801,40561.443.40$4,774
Sep 2018401,96559.543.11$8,489
Aug 201802,87659.403.07$8,819
Jul 201802,09965.142.93$6,154
Jun 201802,36760.183.08$7,283
May 20181373,06365.382.90$17,842
Apr 201802,20863.842.90$6,405
Mar 201803,06561.222.79$8,542
Feb 2018642,64361.782.77$11,265
Jan 201803,13662.874.01$12,573
Dec 201702,93757.272.92$8,581
Nov 201703,13855.423.12$9,785
Oct 201703,36849.292.98$10,049
Sep 201703,20947.523.09$9,907
Aug 201703,44345.373.00$10,344
Jul 201703,33143.873.09$10,284
Jun 201703,32042.493.09$10,250
May 201704,36845.373.26$14,255
Apr 201703,96547.933.21$12,734
Mar 2017088946.772.98$2,652
Feb 2017086150.452.95$2,542
Jan 201702,98249.413.42$10,195
Dec 201603,90948.763.72$14,553
Nov 201603,61542.492.64$9,559
Oct 201603,83946.193.09$11,864
Sep 201603,71141.553.10$11,506
Aug 201603,49641.442.92$10,223
Jul 201603,23841.622.92$9,469
Jun 201603,49045.352.69$9,374
May 201603,64642.521.99$7,259
Apr 201603,44036.561.99$6,849
Mar 201603,45433.011.79$6,197
Feb 201603,18126.472.06$6,564
Jan 201603,45627.352.36$8,171
Dec 201503,73332.362.00$7,471
Nov 201503,73338.792.17$8,091
Oct 201504,02543.552.43$9,767
Sep 201504,72242.992.76$13,025
Aug 201514,22640.162.87$12,179
Jul 201504,36748.152.95$12,861
Jun 201504,62356.152.88$13,327
May 201504,32755.212.96$12,788
Apr 201513,50749.822.71$9,542
Mar 201505,20642.892.93$15,278
Feb 201504,72744.662.98$14,068
Jan 201501,52643.433.10$4,732
Dec 201401,48154.693.59$5,319
Nov 201401,79170.464.25$7,615
Oct 201402,96478.303.90$11,562
Sep 201404,21686.164.05$17,056
Aug 201404,72689.394.04$19,070
Jul 201455,33096.564.18$22,760
Jun 201446,99898.164.74$33,541
May 201477,25594.734.73$34,954
Apr 2014147,46195.944.81$37,224
Mar 201416,52395.895.06$33,081
Feb 201405,79397.406.19$35,870
Jan 201406,34890.404.86$30,856
Dec 201308,87491.824.35$38,642
Nov 201308,37188.853.74$31,293
Oct 201305,95797.423.78$22,514
Sep 201305,897104.113.72$21,924
Aug 201305,543104.253.52$19,526
Jul 201315,817102.523.72$21,729
Jun 201325,99094.403.93$23,750
May 201316,83994.834.15$28,470
Apr 201346,50093.964.28$28,213
Mar 201366,72393.623.91$26,868
Feb 201325,28091.233.42$18,240
Jan 201306,09791.603.42$20,851
Dec 2012306,62886.773.42$25,272
Nov 201216,09886.953.62$22,192
Oct 201207,29889.383.40$24,811
Sep 201206,77994.672.92$19,784
Aug 2012136,97992.662.91$21,501
Jul 201207,50485.133.02$22,668
Jun 2012192179.822.52$1,569
May 2012247,58591.612.49$21,073
Apr 2012258,521101.652.00$19,556
Mar 2012469,291105.052.22$25,478
Feb 201207,989101.102.57$20,534
Jan 201208,77898.092.73$24,000
Dec 201108,52196.873.24$27,606
Nov 201108,19395.723.31$27,129
Oct 201119,35284.983.65$34,206
Sep 2011148,46583.623.99$34,910
Aug 201119,21383.404.15$38,311
Jul 2011411,00794.144.52$50,098
Jun 201129,14092.904.64$42,594
May 20112110,18398.134.40$46,915
Apr 20111310,085105.964.33$45,079
Mar 20112910,77096.364.06$46,492
Feb 2011319,54885.644.18$42,565
Jan 2011129,89686.504.59$46,449
Dec 2010310,48185.734.35$45,826
Nov 2010010,49280.843.80$39,821
Oct 20102310,97478.103.51$40,303
Sep 20102110,33572.633.98$42,653
Aug 2010910,19573.684.42$45,719
Jul 20102210,84172.554.74$52,944
Jun 2010312,37470.364.91$60,972
May 2010512,77971.124.24$54,477
Apr 20101412,88281.694.12$54,252
Mar 2010713,44678.394.39$59,559
Feb 2010513,34373.585.44$72,985
Jan 20103213,39074.365.96$82,239
Dec 2009014,63371.445.48$80,244
Nov 2009512,90874.593.75$48,797
Oct 2009017,55872.544.11$72,168
Sep 2009914,89065.543.06$46,224
Aug 20094314,91167.423.22$50,890
Jul 20092815,93061.133.46$56,901
Jun 2009015,11466.163.90$58,869
May 200910715,88454.743.93$68,214
Apr 200915017,28846.773.59$69,036
Mar 200914017,62042.144.06$77,419
Feb 200928213,95932.814.63$73,924
Jan 200927416,20835.865.37$96,879
Dec 200814117,97137.105.98$112,646
Nov 200828417,41355.496.86$135,219
Oct 200814315,53475.246.92$118,285
Sep 200858017,295101.767.88$195,255
Aug 200814520,172114.228.48$187,681
Jul 200818017,938131.0811.39$227,898
Jun 2008197262131.3313.03$29,287
May 200855026,494123.1711.57$374,393
Apr 200817427,920110.3110.45$311,094
Mar 200832927,548101.909.66$299,751
Feb 200829927,87292.538.77$272,120
Jan 200831030,94290.388.21$281,920
Dec 200732034,13888.337.30$277,540
Nov 200732630,44191.677.29$251,851
Oct 200730530,03082.856.92$233,136
Sep 200719428,84475.846.24$194,820
Aug 200754231,25269.066.39$237,066
Jul 200717335,99070.906.39$242,168
Jun 200753838,88162.007.55$326,847
May 200735644,48058.747.85$369,914
Apr 200754546,06559.617.81$392,034
Mar 200727440,73556.927.30$313,042
Feb 20072834,97755.108.22$56,484
Jan 200750020,30550.306.73$161,739
Dec 200645530,86756.656.92$239,327
Nov 200658429,26954.207.62$254,609
Oct 200627615,12054.906.01$106,081
Sep 200642414,95260.085.04$100,790
Aug 200646117,42868.717.34$159,595
Jul 200632222,70069.376.34$166,318
Jun 200649319,54266.286.38$157,430
May 200646419,73466.016.42$157,420
Apr 200663521,55464.397.36$199,535
Mar 200648022,99656.707.08$190,095
Feb 200680823,55757.597.75$229,126
Jan 200667135,15460.598.93$354,698
Dec 200596427,13054.9413.42$416,922
Nov 200573737,71654.6910.59$439,659
Oct 200595047,81658.3413.80$715,081
Sep 20051,31457,46661.4512.08$774,877
Aug 200585458,50361.519.80$625,674
Jul 20051,50276,12655.697.84$680,751
Jun 20051,24678,10652.337.38$641,707
May 20051,36798,77645.226.65$718,791
Apr 20051,489117,50349.207.36$938,137
Mar 20051,485119,21250.377.15$927,747
Feb 20051,444135,07745.226.31$917,893
Jan 20052,648193,11743.166.32$1,335,212
Dec 20043,609190,62539.866.75$1,430,779
Nov 20041,94288,46245.286.33$647,935
Oct 20041,109106,49849.706.52$748,962
Sep 200478065,74143.245.28$381,096
Aug 20041,294120,28242.375.55$722,471
Jul 20041,990159,71538.286.08$1,047,912
Jun 20042,629182,41936.106.43$1,268,412
May 20042,439126,98137.486.49$916,102
Apr 20041,37482,19234.475.86$528,880
Mar 20042,501138,87334.365.53$853,921
Feb 20042,931140,30732.455.51$868,149
Jan 20042,782127,91732.036.30$894,939
Dec 20034,116129,99430.266.30$943,726
Nov 20031,18366,93628.804.60$341,652

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            58 bbl  × $106.41 =     $6,172
Gas                2,365 Mcf  × $  3.05 =     $7,203

────────────────────────────────────────────────────
Month total                                  $13,375

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/198041 is the state's own key, not one this site invented.