VILLAREAL

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 205427District 04Field 021006252 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Nov 2004 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
259
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 Gas112005-11-02161651
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
CondensateDisposition9,651 bbl$578,294
GasProduction225,365 Mcf$1,483,494
Total$2,061,788

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 26.7411, -98.3785. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.74109, -98.37848 · 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
10,750 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 10,750 ft.

Completions filed
Nov 2004
1 of 1 wells

1 well

42-427337541810,750 ftNov 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 (259)

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

259 months

May 2026275106.413.05$441
Apr 2026013398.932.87$382
Mar 202623489.753.15$287
Feb 202617763.503.75$352
Jan 202619959.138.00$851
Dec 2025112656.664.41$613
Nov 202529958.593.93$506
Oct 2025111259.383.30$430
Sep 2025115762.743.08$546
Aug 2025112063.933.01$426
Jul 2025113466.743.32$511
Jun 2025212166.483.13$512
May 2025013460.553.23$433
Apr 2025115562.363.54$612
Mar 20256919667.704.27$5,508
Feb 2025119470.884.34$913
Jan 2025016774.324.28$715
Dec 2024019968.993.12$621
Nov 2024231069.052.20$820
Oct 2024116571.372.28$448
Sep 20249819569.612.36$7,283
Aug 2024117475.632.06$435
Jul 2024218079.932.15$546
Jun 2024117178.082.63$528
May 20246517378.812.20$5,503
Apr 2024117784.451.66$378
Mar 2024116580.301.55$335
Feb 2024216576.091.78$446
Jan 2024112973.023.30$498
Dec 2023210371.262.61$411
Nov 2023112077.892.81$415
Oct 2023228885.443.09$1,060
Sep 2023013189.042.74$358
Aug 2023212580.522.67$495
Jul 20231808974.852.64$13,708
Jun 202328768.962.26$334
May 202328270.622.23$324
Apr 202328378.122.24$342
Mar 202307972.852.39$189
Feb 202348075.112.47$498
Jan 202329276.533.39$465
Dec 202239076.415.73$745
Nov 202228885.005.65$667
Oct 202239187.185.86$795
Sep 2022210184.888.16$994
Aug 202209094.529.13$821
Jul 2022289101.587.54$874
Jun 20222100115.097.98$1,028
May 2022159103109.378.43$18,258
Apr 2022153104.226.84$467
Mar 2022184108.885.08$535
Feb 2022110191.054.86$582
Jan 2022112481.844.54$645
Dec 202119371.323.90$434
Nov 20216226577.435.24$6,188
Oct 202128279.795.71$628
Sep 202116669.865.35$423
Aug 202118166.024.22$408
Jul 202137670.783.98$515
Jun 2021113669.493.38$529
May 202109363.483.02$281
Apr 2021211460.362.76$435
Mar 2021010861.302.72$293
Feb 20216415157.805.55$4,537
Jan 202129450.412.81$365
Dec 2020123144.642.68$663
Nov 202027638.772.71$283
Oct 2020115336.972.48$416
Sep 202007237.091.99$143
Aug 202018151439.982.39$8,462
Jul 202007638.371.83$139
Jun 202008934.901.69$150
May 2020010416.921.81$189
Apr 2020012714.751.80$229
Mar 2020013830.341.86$256
Feb 2020114349.881.98$333
Jan 2020114957.252.09$369
Dec 2019013559.012.30$311
Nov 2019011655.302.75$319
Oct 201918412953.472.42$10,150
Sep 2019011455.052.66$303
Aug 2019013253.112.30$304
Jul 2019016156.272.46$396
Jun 2019017752.782.49$441
May 201919017458.482.74$11,588
Apr 2019020562.632.75$564
Mar 2019016656.803.06$508
Feb 2019022150.852.79$617
Jan 2019014646.033.23$471
Dec 2018011146.594.19$465
Nov 201809852.934.24$415
Oct 2018011461.443.40$387
Sep 2018010259.543.11$317
Aug 2018010059.403.07$307
Jul 201808965.142.93$261
Jun 2018013360.183.08$409
May 2018010965.382.90$316
Apr 201819111363.842.90$12,521
Mar 2018011361.222.79$315
Feb 201808461.782.77$232
Jan 2018111162.874.01$508
Dec 201759357.272.92$558
Nov 2017012555.423.12$390
Oct 2017513149.292.98$637
Sep 2017215747.523.09$580
Aug 20172214645.373.00$1,437
Jul 20172012943.873.09$1,276
Jun 201720312442.493.09$9,008
May 2017139545.373.26$900
Apr 20172212047.933.21$1,440
Mar 2017219346.772.98$1,260
Feb 20171410150.452.95$1,005
Jan 2017016949.413.42$578
Dec 2016218948.763.72$801
Nov 201608842.492.64$233
Oct 201609046.193.09$278
Sep 2016016541.553.10$512
Aug 2016031641.442.92$924
Jul 2016025241.622.92$737
Jun 2016018845.352.69$505
May 2016013342.521.99$265
Apr 201609736.561.99$193
Mar 2016318933.011.79$438
Feb 201619719926.472.06$5,625
Jan 2016215927.352.36$431
Dec 2015031832.362.00$636
Nov 2015020138.792.17$436
Oct 2015013743.552.43$332
Sep 2015017642.992.76$485
Aug 2015026240.162.87$753
Jul 2015044048.152.95$1,296
Jun 2015254256.152.88$1,675
May 20150055.212.96$0
Apr 2015011749.822.71$317
Mar 2015319642.892.93$704
Feb 201519952944.662.98$10,462
Jan 201508343.433.10$257
Dec 2014017454.693.59$625
Nov 2014035170.464.25$1,492
Oct 2014019578.303.90$761
Sep 2014113686.164.05$636
Aug 2014218989.394.04$941
Jul 2014018896.564.18$786
Jun 201417034898.164.74$18,336
May 2014118394.734.73$960
Apr 2014018495.944.81$885
Mar 2014025195.895.06$1,269
Feb 2014015397.406.19$947
Jan 2014042690.404.86$2,071
Dec 20130091.824.35$0
Nov 2013016888.853.74$628
Oct 2013030697.423.78$1,156
Sep 20130194104.113.72$721
Aug 20132262104.253.52$1,131
Jul 2013187203102.523.72$19,926
Jun 2013022194.403.93$869
May 2013324494.834.15$1,297
Apr 2013122693.964.28$1,062
Mar 2013017493.623.91$681
Feb 2013015591.233.42$530
Jan 2013022191.603.42$756
Dec 20120086.773.42$0
Nov 2012131286.953.62$1,218
Oct 201219535489.383.40$18,633
Sep 2012034394.672.92$1,001
Aug 2012144292.662.91$1,378
Jul 2012044185.133.02$1,332
Jun 20121179.822.52$82
May 2012141391.612.49$1,119
Apr 20120422101.652.00$843
Mar 20124387105.052.22$1,280
Feb 20120361101.102.57$928
Jan 2012133898.092.73$1,022
Dec 201118533396.873.24$19,000
Nov 2011542395.723.31$1,879
Oct 2011454484.983.65$2,325
Sep 2011139183.623.99$1,642
Aug 2011256283.404.15$2,499
Jul 2011129494.144.52$1,422
Jun 201119342692.904.64$19,906
May 2011057798.134.40$2,542
Apr 20111852105.964.33$3,798
Mar 2011361396.364.06$2,776
Feb 2011260085.644.18$2,679
Jan 2011273186.504.59$3,527
Dec 2010276385.734.35$3,489
Nov 2010185380.843.80$3,318
Oct 201017859078.103.51$15,972
Sep 2010041672.633.98$1,655
Aug 2010253773.684.42$2,521
Jul 2010261972.554.74$3,077
Jun 2010046370.364.91$2,274
May 2010241871.124.24$1,913
Apr 2010148981.694.12$2,098
Mar 2010171678.394.39$3,221
Feb 2010126873.585.44$1,532
Jan 2010028674.365.96$1,706
Dec 2009050371.445.48$2,758
Nov 2009038974.593.75$1,459
Oct 200916744372.544.11$13,935
Sep 2009138965.543.06$1,258
Aug 2009196967.423.22$3,186
Jul 2009090261.133.46$3,125
Jun 2009194366.163.90$3,739
May 200911,20954.743.93$4,801
Apr 200909246.773.59$330
Mar 200917431142.144.06$8,595
Feb 2009056932.814.63$2,636
Jan 2009049835.865.37$2,675
Dec 2008051237.105.98$3,060
Nov 2008043755.496.86$2,998
Oct 2008078275.246.92$5,413
Sep 20080653101.767.88$5,144
Aug 20080793114.228.48$6,727
Jul 20080720131.0811.39$8,200
Jun 2008183725131.3313.03$33,482
May 20080929123.1711.57$10,753
Apr 20080905110.3110.45$9,462
Mar 20080857101.909.66$8,282
Feb 200801,16692.538.77$10,227
Jan 20081982,00290.388.21$34,323
Dec 200702,12388.337.30$15,502
Nov 200702,42191.677.29$17,653
Oct 200702,49082.856.92$17,236
Sep 200702,71675.846.24$16,959
Aug 20071942,70569.066.39$30,677
Jul 200702,77970.906.39$17,752
Jun 200702,58262.007.55$19,490
May 200702,32358.747.85$18,227
Apr 200702,55859.617.81$19,966
Mar 20071822,51656.927.30$28,731
Feb 200702,39255.108.22$19,653
Jan 200702,69250.306.73$18,109
Dec 200602,52056.656.92$17,434
Nov 200602,65054.207.62$20,186
Oct 2006762,78954.906.01$20,945
Sep 20061121,29460.085.04$13,247
Aug 200601,61768.717.34$11,869
Jul 20061771,55269.376.34$22,122
Jun 200601,56966.286.38$10,016
May 20061511,65966.016.42$20,627
Apr 20061891,92964.397.36$26,368
Mar 200602,21956.707.08$15,717
Feb 200602,13957.597.75$16,580
Jan 20061012,54360.598.93$28,837
Dec 20051972,91054.9413.42$49,862
Nov 20051942,86554.6910.59$40,946
Oct 200502,58358.3413.80$35,634
Sep 20051972,91861.4512.08$47,352
Aug 200503,51761.519.80$34,455
Jul 20051915,10555.697.84$50,679
Jun 20051945,05752.337.38$47,478
May 20051955,43345.226.65$44,954
Apr 20051926,23249.207.36$55,317
Mar 20051937,37850.377.15$62,510
Feb 20053888,11245.226.31$68,748
Jan 200559610,93343.166.32$94,844
Dec 200479420,20539.866.75$168,054
Nov 200498828,17045.286.33$223,065

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                   75 Mcf  × $  3.05 =       $228

────────────────────────────────────────────────────
Month total                                     $441

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/205427 is the state's own key, not one this site invented.