SAGA

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

Gas lease lease 212783District 04Field 507006202 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.6 M
Sep 2005 – May 2026
Value, last 12 filed months
$87 k
at the published price for each month
Months reported
249
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 118 leases and 118 wells, and the rule below applies to all of them.

Discovered
1995-04-25
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2006-03-28.

The Commission's schedule remark for this field reads: TEST, THE PREVIOUS TEST MUST BE USED.

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 Gas112006-06-22168882
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
CondensateDisposition22,838 bbl$1,473,113
GasProduction1,111,450 Mcf$8,140,550
Total$9,613,663

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 26.5896, -98.4824. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.58961, -98.48238 · 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
10,606 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 10,606 ft.

Completions filed
Sep 2005
1 of 1 wells

1 well

42-42733851110,606 ftSep 2005

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 (249)

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

249 months

May 202602,686106.413.05$8,181
Apr 202602,54198.932.87$7,292
Mar 20261812,89089.753.15$25,347
Feb 202618350463.503.75$13,511
Jan 2026040459.138.00$3,231
Dec 2025051956.664.41$2,291
Nov 2025045758.593.93$1,794
Oct 2025053459.383.30$1,765
Sep 2025045062.743.08$1,385
Aug 2025063563.933.01$1,914
Jul 202518271566.743.32$14,517
Jun 202501,95566.483.13$6,117
May 202502,59260.553.23$8,378
Apr 20251813,01362.363.54$21,963
Mar 202503,65367.704.27$15,592
Feb 202502,19670.884.34$9,532
Jan 2025038274.324.28$1,634
Dec 2024027168.993.12$846
Nov 202418396669.052.20$14,760
Oct 2024041171.372.28$938
Sep 2024029469.612.36$695
Aug 2024058575.632.06$1,207
Jul 2024044579.932.15$955
Jun 2024036878.082.63$969
May 202418057678.812.20$15,452
Apr 2024040984.451.66$679
Mar 2024042880.301.55$661
Feb 2024054576.091.78$972
Jan 2024045273.023.30$1,491
Dec 202318539071.262.61$14,201
Nov 2023049577.892.81$1,390
Oct 2023051085.443.09$1,575
Sep 2023035589.042.74$971
Aug 2023054780.522.67$1,462
Jul 2023037474.852.64$988
Jun 2023071168.962.26$1,606
May 2023050470.622.23$1,123
Apr 2023056278.122.24$1,258
Mar 2023080972.852.39$1,936
Feb 20234732275.112.47$4,324
Jan 2023044876.533.39$1,518
Dec 2022067376.415.73$3,856
Nov 2022065385.005.65$3,687
Oct 2022071287.185.86$4,175
Sep 2022039584.888.16$3,225
Aug 2022047794.529.13$4,354
Jul 20220533101.587.54$4,020
Jun 20220487115.097.98$3,885
May 20220600109.378.43$5,060
Apr 202211473104.226.84$4,381
Mar 20220497108.885.08$2,523
Feb 20221149991.054.86$3,426
Jan 2022057181.844.54$2,591
Dec 2021052471.323.90$2,043
Nov 2021060077.435.24$3,142
Oct 2021050979.795.71$2,908
Sep 2021054369.865.35$2,906
Aug 20211068266.024.22$3,539
Jul 2021042270.783.98$1,680
Jun 2021028269.493.38$953
May 2021044063.483.02$1,328
Apr 2021037260.362.76$1,026
Mar 2021259161.302.72$1,728
Feb 2021031757.805.55$1,759
Jan 2021082950.412.81$2,330
Dec 2020041244.642.68$1,102
Nov 2020056138.772.71$1,518
Oct 2020078136.972.48$1,936
Sep 2020036837.091.99$733
Aug 2020053839.982.39$1,283
Jul 2020060738.371.83$1,108
Jun 2020062734.901.69$1,060
May 2020068816.921.81$1,249
Apr 2020078314.751.80$1,413
Mar 2020960630.341.86$1,398
Feb 2020070849.881.98$1,402
Jan 2020071757.252.09$1,502
Dec 2019050259.012.30$1,157
Nov 2019063855.302.75$1,755
Oct 2019076953.472.42$1,860
Sep 2019086455.052.66$2,296
Aug 2019059753.112.30$1,376
Jul 20190056.272.46$0
Jun 20195140152.782.49$3,691
May 2019046958.482.74$1,285
Apr 2019039062.632.75$1,073
Mar 201901,17756.803.06$3,604
Feb 2019079450.852.79$2,217
Jan 201901,72446.033.23$5,565
Dec 201801,57946.594.19$6,609
Nov 201801,33052.934.24$5,636
Oct 201802,20461.443.40$7,489
Sep 20181123,78759.543.11$18,438
Aug 201802,47959.403.07$7,602
Jul 201801,23765.142.93$3,627
Jun 20181601,76660.183.08$15,063
May 201801,73065.382.90$5,018
Apr 201801,93363.842.90$5,607
Mar 2018611,62861.222.79$8,271
Feb 20181361,35561.782.77$12,150
Jan 2018991,87762.874.01$13,750
Dec 201702,10257.272.92$6,141
Nov 2017862,24755.423.12$11,773
Oct 201702,44049.292.98$7,280
Sep 201702,51447.523.09$7,761
Aug 20171072,54045.373.00$12,486
Jul 201701,31243.873.09$4,051
Jun 201701,99842.493.09$6,168
May 20172371,66045.373.26$16,170
Apr 201702,28047.933.21$7,322
Mar 20171942,89846.772.98$17,720
Feb 201702,86550.452.95$8,459
Jan 201703,48449.413.42$11,911
Dec 201603,30948.763.72$12,319
Nov 20161712,92942.492.64$15,011
Oct 201603,21946.193.09$9,948
Sep 2016942,48141.553.10$11,598
Aug 201601,01941.442.92$2,980
Jul 2016087341.622.92$2,553
Jun 201601,09545.352.69$2,941
May 20161671,35742.521.99$9,803
Apr 201601,06936.561.99$2,128
Mar 201601,28833.011.79$2,311
Feb 201624086826.472.06$8,144
Jan 201601,06227.352.36$2,511
Dec 2015090332.362.00$1,807
Nov 2015075238.792.17$1,630
Oct 2015097443.552.43$2,363
Sep 201501,93742.992.76$5,343
Aug 20151291,55640.162.87$9,650
Jul 201501,65148.152.95$4,862
Jun 201501,62656.152.88$4,688
May 201501,52955.212.96$4,519
Apr 201502,10849.822.71$5,705
Mar 20151081,35442.892.93$8,606
Feb 201501,32244.662.98$3,935
Jan 201501,66643.433.10$5,166
Dec 2014211,16354.693.59$5,325
Nov 201401,13170.464.25$4,809
Oct 20141901,56678.303.90$20,986
Sep 201401,43286.164.05$5,793
Aug 201402,28189.394.04$9,204
Jul 201401,53796.564.18$6,424
Jun 201402,79798.164.74$13,249
May 20142663,15694.734.73$40,115
Apr 201403,06395.944.81$14,730
Mar 201401,52495.895.06$7,707
Feb 201402,09797.406.19$12,985
Jan 201402,52390.404.86$12,264
Dec 2013291,63591.824.35$9,782
Nov 201301,63788.853.74$6,120
Oct 2013101,92597.423.78$8,249
Sep 2013191,789104.113.72$8,629
Aug 201301,917104.253.52$6,753
Jul 201321,867102.523.72$7,146
Jun 2013452,04194.403.93$12,276
May 201302,02194.834.15$8,385
Apr 2013631,94393.964.28$14,241
Mar 201301,73293.623.91$6,777
Feb 2013562,01091.233.42$11,983
Jan 201302,91591.603.42$9,969
Dec 2012282,02086.773.42$9,338
Nov 201201,57186.953.62$5,695
Oct 201202,00589.383.40$6,816
Sep 2012392,78094.672.92$11,805
Aug 2012434,51892.662.91$17,123
Jul 2012844,76885.133.02$21,554
Jun 201204,63179.822.52$11,666
May 2012413,37791.612.49$12,159
Apr 2012302,931101.652.00$8,902
Mar 201201,705105.052.22$3,789
Feb 2012162,570101.102.57$8,223
Jan 201202,25898.092.73$6,174
Dec 2011382,07496.873.24$10,400
Nov 201102,28195.723.31$7,553
Oct 2011172,36884.983.65$10,084
Sep 201102,05183.623.99$8,175
Aug 2011424,18183.404.15$20,851
Jul 2011404,45594.144.52$23,890
Jun 2011754,06292.904.64$25,815
May 2011514,34098.134.40$24,122
Apr 2011404,260105.964.33$22,698
Mar 201104,34496.364.06$17,625
Feb 2011783,85685.644.18$22,798
Jan 201104,35486.504.59$19,980
Dec 2010614,61885.734.35$25,307
Nov 2010364,43980.843.80$19,758
Oct 2010545,33978.103.51$22,951
Sep 2010485,12472.633.98$23,877
Aug 201005,21673.684.42$23,051
Jul 2010494,92372.554.74$26,873
Jun 201004,83470.364.91$23,737
May 2010164,89271.124.24$21,857
Apr 2010204,79681.694.12$21,406
Mar 2010123,18678.394.39$14,923
Feb 2010164,75473.585.44$27,050
Jan 2010175,57574.365.96$34,514
Dec 2009375,46671.445.48$32,617
Nov 2009245,56274.593.75$22,656
Oct 2009275,65772.544.11$25,210
Sep 2009535,80065.543.06$21,249
Aug 2009366,67767.423.22$23,917
Jul 2009467,15161.133.46$27,587
Jun 2009875,70466.163.90$27,973
May 20091206,43854.743.93$31,843
Apr 20092416,61046.773.59$34,985
Mar 20092337,18242.144.06$38,970
Feb 20091007,08132.814.63$36,087
Jan 20091877,59635.865.37$47,504
Dec 20081548,18437.105.98$54,630
Nov 2008738,62955.496.86$63,249
Oct 20082315,76475.246.92$57,279
Sep 2008767,638101.767.88$67,899
Aug 20081546,056114.228.48$68,963
Jul 2008783,415131.0811.39$49,119
Jun 20082478,285131.3313.03$140,414
May 20084398,655123.1711.57$154,247
Apr 200809,954110.3110.45$104,068
Mar 200809,500101.909.66$91,809
Feb 200804,48792.538.77$39,354
Jan 200807,26290.388.21$59,590
Dec 20071038,96788.337.30$74,575
Nov 20071848,28691.677.29$77,286
Oct 2007137,97382.856.92$56,266
Sep 20072708,40975.846.24$72,984
Aug 200716211,51269.066.39$84,726
Jul 2007769,66670.906.39$67,134
Jun 2007239,76862.007.55$75,159
May 20072711,91458.747.85$95,067
Apr 20072812,06859.617.81$95,862
Mar 20078312,90356.927.30$98,942
Feb 20075611,34055.108.22$96,255
Jan 20077713,09550.306.73$91,961
Dec 200611413,01556.656.92$96,502
Nov 200628111,98354.207.62$106,510
Oct 20063536,31754.906.01$57,369
Sep 20064747,91460.085.04$68,342
Aug 20064597,92868.717.34$89,729
Jul 200675714,23869.376.34$142,821
Jun 200670426,89766.286.38$218,368
May 200679722,75366.016.42$198,798
Apr 20061,37723,60964.397.36$262,439
Mar 20062,16926,03656.707.08$307,393
Feb 200647822,81757.597.75$204,385
Jan 200639235,93760.598.93$344,788
Dec 200579442,70454.9413.42$616,514
Nov 20051,00357,12154.6910.59$659,674
Oct 20052,17693,61358.3413.80$1,418,410
Sep 20051,55669,25961.4512.08$932,196

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             0 bbl  × $106.41 =         $0
Gas                2,686 Mcf  × $  3.05 =     $8,181

────────────────────────────────────────────────────
Month total                                   $8,181

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/212783 is the state's own key, not one this site invented.