DE AUSTIN-CASTILLO GAS UNIT

Operated by MERIT ENERGY COMPANY (P-5 561136) in the JEFFRESS, NE. (T, LO.-FB,A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 200050District 04Field 460914002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.9 M
Feb 2004 – May 2026
Value, last 12 filed months
$71 k
at the published price for each month
Months reported
268
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 38 leases and 38 wells, and the rule below applies to all of them.

Discovered
1985-02-20
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 1998-06-01.

The Commission's schedule remark for this field reads: 10-1. FOR TEST DUE 4-1 PRIOR TEST TO BE FILED.

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 Gas112005-09-08164311
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
CondensateDisposition20,456 bbl$1,115,688
GasProduction1,466,826 Mcf$8,765,033
Total$9,880,721

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 26.4343, -98.4299. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.43429, -98.42992 · 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
12,900 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 12,900 ft.

Completions filed
Jun 2006
1 of 1 wells

1 well

42-21533171512,900 ftJun 2006

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 (268)

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

268 months

May 202621,580106.413.05$5,025
Apr 20261833,89498.932.87$29,279
Mar 2026195089.753.15$3,082
Feb 2026188463.503.75$3,379
Jan 2026298759.138.00$8,012
Dec 202521,18856.664.41$5,356
Nov 2025197658.593.93$3,891
Oct 202511,00659.383.30$3,384
Sep 2025171862.743.08$2,272
Aug 2025178163.933.01$2,418
Jul 2025278366.743.32$2,729
Jun 2025175966.483.13$2,441
May 2025181460.553.23$2,692
Apr 2025175562.363.54$2,737
Mar 2025180667.704.27$3,508
Feb 2025270670.884.34$3,206
Jan 2025277874.324.28$3,477
Dec 2024275768.993.12$2,501
Nov 2024173469.052.20$1,683
Oct 2024279071.372.28$1,945
Sep 2024171669.612.36$1,762
Aug 2024271875.632.06$1,633
Jul 2024277579.932.15$1,823
Jun 2024283078.082.63$2,342
May 2024381678.812.20$2,030
Apr 2024263984.451.66$1,229
Mar 2024267280.301.55$1,199
Feb 2024261776.091.78$1,253
Jan 2024268173.023.30$2,392
Dec 2023266671.262.61$1,881
Nov 2023267477.892.81$2,048
Oct 2023259485.443.09$2,005
Sep 2023370889.042.74$2,204
Aug 2023365080.522.67$1,979
Jul 2023569374.852.64$2,205
Jun 2023273768.962.26$1,802
May 202319670870.622.23$15,419
Apr 2023470078.122.24$1,879
Mar 2023276072.852.39$1,965
Feb 2023368675.112.47$1,917
Jan 2023467576.533.39$2,593
Dec 2022261176.415.73$3,653
Nov 2022269085.005.65$4,066
Oct 2022666687.185.86$4,428
Sep 2022770984.888.16$6,382
Aug 2022763094.529.13$6,412
Jul 20225609101.587.54$5,101
Jun 20229650115.097.98$6,221
May 20229890109.378.43$8,490
Apr 2022184786104.226.84$24,551
Mar 20227955108.885.08$5,610
Feb 20221073291.054.86$4,467
Jan 20221191781.844.54$5,061
Dec 20211090971.323.90$4,258
Nov 2021787077.435.24$5,098
Oct 2021884179.795.71$5,444
Sep 2021781169.865.35$4,829
Aug 20211094466.024.22$4,644
Jul 20211298570.783.98$4,772
Jun 2021779169.493.38$3,161
May 2021890963.483.02$3,251
Apr 2021989860.362.76$3,020
Mar 2021685561.302.72$2,691
Feb 2021986657.805.55$5,325
Jan 20211282950.412.81$2,935
Dec 2020975944.642.68$2,432
Nov 20201182938.772.71$2,670
Oct 202019885136.972.48$9,429
Sep 202091,01237.091.99$2,349
Aug 2020693239.982.39$2,463
Jul 2020876638.371.83$1,705
Jun 2020884834.901.69$1,713
May 2020482216.921.81$1,559
Apr 2020584014.751.80$1,589
Mar 2020350430.341.86$1,027
Feb 2020681249.881.98$1,908
Jan 2020483057.252.09$1,968
Dec 2019547859.012.30$1,397
Nov 2019777455.302.75$2,516
Oct 2019490853.472.42$2,410
Sep 2019398455.052.66$2,780
Aug 2019101,13053.112.30$3,135
Jul 201971,44256.272.46$3,941
Jun 201951,06252.782.49$2,910
May 2019759058.482.74$2,026
Apr 2019797162.632.75$3,109
Mar 201981,11056.803.06$3,853
Feb 2019490550.852.79$2,730
Jan 201981,17446.033.23$4,158
Dec 201861,15946.594.19$5,130
Nov 201871,08452.934.24$4,964
Oct 201841,10461.443.40$3,997
Sep 2018395459.543.11$3,144
Aug 201841,27459.403.07$4,144
Jul 201821,20165.142.93$3,651
Jun 201861,01660.183.08$3,487
May 2018981,30765.382.90$10,199
Apr 201851,47563.842.90$4,598
Mar 201851,35161.222.79$4,071
Feb 201831,13161.782.77$3,314
Jan 20181131,15662.874.01$11,739
Dec 201761,11457.272.92$3,598
Nov 201741,43555.423.12$4,697
Oct 201711,52049.292.98$4,584
Sep 2017871,45647.523.09$8,629
Aug 201771,54445.373.00$4,956
Jul 201731,59843.873.09$5,065
Jun 201741,59342.493.09$5,088
May 201751,70645.373.26$5,794
Apr 20171171,62247.933.21$10,817
Mar 201751,80146.772.98$5,607
Feb 2017941,75150.452.95$9,912
Jan 201771,96649.413.42$7,067
Dec 20161401,99948.763.72$14,268
Nov 201641,89842.492.64$5,189
Oct 2016852,01146.193.09$10,141
Sep 201642,22941.553.10$7,078
Aug 201622,47141.442.92$7,309
Jul 201612,05641.622.92$6,054
Jun 2016802,19745.352.69$9,529
May 201632,27642.521.99$4,659
Apr 201632,20636.561.99$4,502
Mar 20161222,34333.011.79$8,231
Feb 201652,04626.472.06$4,355
Jan 201622,06827.352.36$4,944
Dec 201532,17832.362.00$4,456
Nov 20151112,33738.792.17$9,371
Oct 201532,36443.552.43$5,867
Sep 201522,37342.992.76$6,632
Aug 201522,52840.162.87$7,342
Jul 20151672,46148.152.95$15,289
Jun 201532,47056.152.88$7,289
May 201562,46655.212.96$7,619
Apr 201532,36949.822.71$6,561
Mar 201572,36142.892.93$7,229
Feb 20151932,14944.662.98$15,015
Jan 201562,48343.433.10$7,959
Dec 201452,46254.693.59$9,115
Nov 201452,31470.464.25$10,191
Oct 201452,53878.303.90$10,292
Sep 20141962,50586.164.05$27,021
Aug 201492,58189.394.04$11,219
Jul 201472,62396.564.18$11,639
Jun 201472,51798.164.74$12,610
May 201432,62194.734.73$12,673
Apr 201442,60495.944.81$12,907
Mar 20141992,56495.895.06$32,048
Feb 201452,76997.406.19$17,633
Jan 201432,84790.404.86$14,110
Dec 201323,41191.824.35$15,037
Nov 2013153188.853.74$2,074
Oct 201352,48297.423.78$9,867
Sep 20131962,588104.113.72$30,027
Aug 201312,783104.253.52$9,908
Jul 201322,829102.523.72$10,723
Jun 201312,85294.403.93$11,312
May 201322,88394.834.15$12,151
Apr 20131692,85293.964.28$28,093
Mar 201302,89593.623.91$11,328
Feb 201312,71291.233.42$9,366
Jan 201373,21891.603.42$11,646
Dec 20121663,24286.773.42$25,492
Nov 201253,08386.953.62$11,611
Oct 201293,19189.383.40$11,653
Sep 201213,13894.672.92$9,253
Aug 20121633,38692.662.91$24,951
Jul 201213,53985.133.02$10,776
Jun 201243,46479.822.52$9,045
May 201203,69491.612.49$9,192
Apr 20121973,622101.652.00$27,257
Mar 201223,801105.052.22$8,656
Feb 201243,273101.102.57$8,817
Jan 201233,44598.092.73$9,713
Dec 201143,38196.873.24$11,341
Nov 201123,62095.723.31$12,178
Oct 201113,80184.983.65$13,953
Sep 201114,00683.623.99$16,051
Aug 201114,30483.404.15$17,942
Jul 20111844,68294.144.52$38,471
Jun 201124,08292.904.64$19,126
May 201113,55998.134.40$15,775
Apr 201123,326105.964.33$14,624
Mar 201133,42196.364.06$14,169
Feb 201123,30285.644.18$13,974
Jan 20111703,61186.504.59$31,275
Dec 201033,58185.734.35$15,826
Nov 201023,82280.843.80$14,667
Oct 201024,13278.103.51$14,655
Sep 201024,23972.633.98$17,014
Aug 20101683,93773.684.42$29,777
Jul 201024,71972.554.74$22,497
Jun 201024,13370.364.91$20,435
May 20101753,88971.124.24$28,917
Apr 201034,02381.694.12$16,831
Mar 201024,07578.394.39$18,041
Feb 201023,89573.585.44$21,345
Jan 20101895,18574.365.96$44,978
Dec 200935,12471.445.48$28,313
Nov 200924,19374.593.75$15,879
Oct 200944,77572.544.11$19,917
Sep 20091814,02565.543.06$24,198
Aug 200904,27167.423.22$13,746
Jul 200934,43161.133.46$15,535
Jun 200914,47066.163.90$17,477
May 20091795,25654.743.93$30,432
Apr 200935,22446.773.59$18,881
Mar 200915,68942.144.06$23,134
Feb 20091814,53732.814.63$26,959
Jan 200915,68435.865.37$30,565
Dec 20081978,14337.105.98$55,981
Nov 200806,30555.496.86$43,255
Oct 200826,93375.246.92$48,141
Sep 20081874,717101.767.88$56,185
Aug 200815,689114.228.48$48,374
Jul 200825,641131.0811.39$64,510
Jun 20081795,938131.3313.03$100,896
May 200826,685123.1711.57$77,620
Apr 20081957,005110.3110.45$94,747
Mar 200807,303101.909.66$70,577
Feb 20081866,90492.538.77$77,763
Jan 20081917,88390.388.21$81,948
Dec 200707,67688.337.30$56,050
Nov 20071866,99291.677.29$68,034
Oct 200707,21782.856.92$49,956
Sep 20071827,43875.846.24$60,247
Aug 200707,84369.066.39$50,101
Jul 20071987,73370.906.39$63,436
Jun 200707,35462.007.55$55,511
May 200708,72458.747.85$68,451
Apr 20071928,47059.617.81$77,555
Mar 200708,89756.927.30$64,966
Feb 20071967,78555.108.22$74,761
Jan 200718710,95650.306.73$83,105
Dec 200607,83856.656.92$54,227
Nov 200619510,00554.207.62$86,782
Oct 2006010,73954.906.01$64,582
Sep 200618410,04660.085.04$61,658
Aug 200617711,43168.717.34$96,064
Jul 200619112,35969.376.34$91,640
Jun 200618212,36466.286.38$90,993
May 2006011,97066.016.42$76,907
Apr 200618111,74164.397.36$98,074
Mar 200619113,06656.707.08$103,375
Feb 2006010,12857.597.75$78,503
Jan 200617212,59060.598.93$122,892
Dec 200517612,72754.9413.42$180,407
Nov 200519912,55554.6910.59$143,821
Oct 200518713,86758.3413.80$202,215
Sep 200517713,99161.4512.08$179,874
Aug 200519115,80461.519.80$166,578
Jul 200518716,65255.697.84$141,026
Jun 200520017,07552.337.38$136,497
May 200519518,35545.226.65$130,900
Apr 200535118,60449.207.36$154,204
Mar 200540120,18850.377.15$164,641
Feb 200519920,65145.226.31$139,346
Jan 200520120,68943.166.32$139,475
Dec 200458224,00839.866.75$185,278
Nov 200436621,24545.286.33$151,062
Oct 200419626,16049.706.52$180,176
Sep 200436828,21243.245.28$164,982
Aug 200439733,28542.375.55$201,575
Jul 200457438,77938.286.08$257,911
Jun 200458638,23236.106.43$267,102
May 200454848,38237.486.49$334,760
Apr 20041,12862,03234.475.86$402,294
Mar 20041,577110,17034.365.53$663,441
Feb 20042,121104,68832.455.51$645,618

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             2 bbl  × $106.41 =       $213
Gas                1,580 Mcf  × $  3.05 =     $4,812

────────────────────────────────────────────────────
Month total                                   $5,025

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/200050 is the state's own key, not one this site invented.