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 220401District 04Field 507006202 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.0 M
Feb 2006 – May 2026
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
244
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 Gas112007-01-12171367
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
CondensateDisposition18,465 bbl$1,252,273
GasProduction2,493,788 Mcf$14,771,848
Total$16,024,121

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 26.5928, -98.4798. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.59278, -98.47980 · 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
Feb 2006
1 of 1 wells

1 well

42-42733916210,606 ftFeb 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 (244)

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

244 months

May 20260607106.413.05$1,849
Apr 2026057198.932.87$1,639
Mar 2026071489.753.15$2,249
Feb 2026071463.503.75$2,678
Jan 2026088759.138.00$7,094
Dec 2025068256.664.41$3,010
Nov 2025086758.593.93$3,404
Oct 2025063459.383.30$2,095
Sep 2025090762.743.08$2,791
Aug 2025072963.933.01$2,198
Jul 2025054466.743.32$1,803
Jun 2025049466.483.13$1,546
May 2025080060.553.23$2,586
Apr 2025048862.363.54$1,729
Mar 2025065967.704.27$2,813
Feb 2025090970.884.34$3,946
Jan 2025074974.324.28$3,205
Dec 202401,11668.993.12$3,483
Nov 2024074769.052.20$1,642
Oct 2024076071.372.28$1,734
Sep 2024061869.612.36$1,461
Aug 2024054475.632.06$1,123
Jul 2024071679.932.15$1,537
Jun 2024063078.082.63$1,659
May 2024083978.812.20$1,844
Apr 2024092384.451.66$1,531
Mar 2024079380.301.55$1,225
Feb 2024083676.091.78$1,491
Jan 2024089773.023.30$2,958
Dec 2023079771.262.61$2,081
Nov 2023079877.892.81$2,240
Oct 2023088885.443.09$2,742
Sep 2023079189.042.74$2,163
Aug 2023080180.522.67$2,141
Jul 2023081674.852.64$2,156
Jun 2023083268.962.26$1,879
May 2023073570.622.23$1,637
Apr 2023067378.122.24$1,506
Mar 2023086672.852.39$2,072
Feb 20236963275.112.47$6,741
Jan 2023083376.533.39$2,822
Dec 2022069676.415.73$3,987
Nov 2022082685.005.65$4,664
Oct 2022075987.185.86$4,451
Sep 2022078284.888.16$6,384
Aug 2022077694.529.13$7,083
Jul 20220990101.587.54$7,467
Jun 20220608115.097.98$4,850
May 20220752109.378.43$6,342
Apr 202285989104.226.84$15,621
Mar 202201,014108.885.08$5,147
Feb 2022871,03291.054.86$12,936
Jan 202201,13381.844.54$5,141
Dec 202101,09471.323.90$4,266
Nov 2021085577.435.24$4,478
Oct 2021084379.795.71$4,817
Sep 2021073269.865.35$3,917
Aug 20218272266.024.22$8,461
Jul 2021067870.783.98$2,700
Jun 2021056069.493.38$1,893
May 2021068263.483.02$2,058
Apr 2021066360.362.76$1,829
Mar 20211292761.302.72$3,254
Feb 202101,28057.805.55$7,101
Jan 202101,34750.412.81$3,785
Dec 202001,33144.642.68$3,561
Nov 202001,09838.772.71$2,972
Oct 2020099036.972.48$2,454
Sep 202001,36637.091.99$2,720
Aug 2020098939.982.39$2,359
Jul 2020090638.371.83$1,654
Jun 2020096634.901.69$1,633
May 2020099416.921.81$1,804
Apr 2020084514.751.80$1,525
Mar 202013294330.341.86$5,755
Feb 2020089849.881.98$1,779
Jan 2020092057.252.09$1,927
Dec 201901,16759.012.30$2,689
Nov 201901,08755.302.75$2,990
Oct 2019083453.472.42$2,017
Sep 201901,12855.052.66$2,997
Aug 2019023453.112.30$539
Jul 20190056.272.46$0
Jun 201928427852.782.49$15,682
May 2019031358.482.74$858
Apr 2019027962.632.75$767
Mar 2019092856.803.06$2,842
Feb 2019066150.852.79$1,846
Jan 201901,35246.033.23$4,365
Dec 201803,41346.594.19$14,285
Nov 201804,35552.934.24$18,453
Oct 201804,91361.443.40$16,695
Sep 20181955,33359.543.11$28,185
Aug 201804,85059.403.07$14,873
Jul 201801,46465.142.93$4,292
Jun 2018284,23560.183.08$14,716
May 201803,29065.382.90$9,544
Apr 201804,19663.842.90$12,172
Mar 20181314,91061.222.79$21,703
Feb 2018604,97061.782.77$17,454
Jan 2018885,39662.874.01$27,167
Dec 201706,85857.272.92$20,036
Nov 2017915,98455.423.12$23,703
Oct 201705,52649.292.98$16,488
Sep 201703,15447.523.09$9,737
Aug 2017852,57745.373.00$11,599
Jul 201704,07243.873.09$12,571
Jun 201701,81142.493.09$5,591
May 20171034,14745.373.26$18,206
Apr 201706,19347.933.21$19,889
Mar 2017849,38246.772.98$31,922
Feb 201701,92850.452.95$5,693
Jan 201705,95249.413.42$20,349
Dec 201605,21748.763.72$19,422
Nov 201601,71942.492.64$4,546
Oct 201601,66646.193.09$5,148
Sep 2016981,94441.553.10$10,100
Aug 201602,42141.442.92$7,080
Jul 201605,64041.622.92$16,493
Jun 201606,91645.352.69$18,575
May 201604,01942.521.99$8,002
Apr 201603,10936.561.99$6,190
Mar 201608,28833.011.79$14,869
Feb 20161063,88126.472.06$10,815
Jan 201609,21127.352.36$21,778
Dec 201501,16432.362.00$2,330
Nov 2015084038.792.17$1,821
Oct 201501,75743.552.43$4,264
Sep 201504,31242.992.76$11,894
Aug 20151593,22340.162.87$15,643
Jul 201505,71848.152.95$16,840
Jun 201506,90156.152.88$19,895
May 2015090455.212.96$2,672
Apr 2015017449.822.71$471
Mar 20151922,30842.892.93$15,008
Feb 201502,03544.662.98$6,057
Jan 201506,73243.433.10$20,873
Dec 20143215,45254.693.59$37,136
Nov 201402,00370.464.25$8,516
Oct 201407,91878.303.90$30,888
Sep 201404,93186.164.05$19,948
Aug 201401,95489.394.04$7,885
Jul 201405,89896.564.18$24,651
Jun 201401,75698.164.74$8,318
May 20141171,32194.734.73$17,327
Apr 201403,48495.944.81$16,755
Mar 201402,86295.895.06$14,473
Feb 201401,33397.406.19$8,254
Jan 201403,03690.404.86$14,757
Dec 2013725,96491.824.35$32,581
Nov 201306,57488.853.74$24,575
Oct 2013406,73997.423.78$29,366
Sep 2013556,413104.113.72$29,568
Aug 201305,783104.253.52$20,371
Jul 2013427,477102.523.72$32,103
Jun 2013946,53794.403.93$34,586
May 201307,69694.834.15$31,931
Apr 2013587,78093.964.28$38,768
Mar 201308,63093.623.91$33,768
Feb 2013597,88391.233.42$32,342
Jan 201302,29991.603.42$7,862
Dec 2012404,36186.773.42$18,386
Nov 201205,06986.953.62$18,375
Oct 201206,34589.383.40$21,571
Sep 2012588,95494.672.92$31,622
Aug 2012469,02992.662.91$30,520
Jul 20121047,74585.133.02$32,250
Jun 2012010,00879.822.52$25,211
May 20126210,20891.612.49$31,081
Apr 2012497,567101.652.00$20,091
Mar 20120500105.052.22$1,111
Feb 2012292,008101.102.57$8,093
Jan 201202,70598.092.73$7,396
Dec 20111127,95696.873.24$36,625
Nov 201107,69195.723.31$25,467
Oct 2011596,85884.983.65$30,036
Sep 201109,88683.623.99$39,404
Aug 20117910,61083.404.15$50,613
Jul 2011668,75494.144.52$45,757
Jun 201111711,86292.904.64$65,908
May 20117311,96898.134.40$59,880
Apr 20111076,568105.964.33$39,799
Mar 2011011,51796.364.06$46,728
Feb 201111412,10785.644.18$60,370
Jan 201108,63886.504.59$39,638
Dec 2010848,13785.734.35$42,579
Nov 20106311,50880.843.80$48,770
Oct 201012513,84978.103.51$58,357
Sep 20101455,35172.633.98$31,825
Aug 2010012,27573.684.42$54,248
Jul 201032414,95172.554.74$94,321
Jun 2010010,85370.364.91$53,293
May 201017812,68471.124.24$66,379
Apr 201036711,51581.694.12$77,453
Mar 201018115,58178.394.39$82,568
Feb 201018011,42573.585.44$75,423
Jan 201017413,79274.365.96$95,195
Dec 200935112,55371.445.48$93,913
Nov 200916712,73674.593.75$60,236
Oct 200916514,61072.544.11$72,020
Sep 200932615,10065.543.06$67,644
Aug 200914414,34167.423.22$55,865
Jul 200913715,26561.133.46$61,260
Jun 200910615,02166.163.90$65,520
May 20097416,40054.743.93$68,433
Apr 200914716,68246.773.59$66,722
Mar 200915518,18642.144.06$80,349
Feb 20099316,29832.814.63$78,560
Jan 200920218,52735.865.37$106,752
Dec 200824619,04237.105.98$122,943
Nov 200811518,16255.496.86$130,979
Oct 200836721,26675.246.92$174,816
Sep 200812219,790101.767.88$168,302
Aug 200824424,421114.228.48$235,034
Jul 200812026,507131.0811.39$317,629
Jun 200834626,651131.3313.03$392,773
May 200813827,420123.1711.57$334,364
Apr 200800110.3110.45$0
Mar 2008017101.909.66$164
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20079210,57788.337.30$85,359
Nov 200719926,30491.677.29$210,043
Oct 20071431,91082.856.92$222,040
Sep 200729434,50675.846.24$237,758
Aug 200721218,93869.066.39$135,616
Jul 200711813,15470.906.39$92,393
Jun 200714023,56062.007.55$186,521
May 200716832,36958.747.85$263,845
Apr 200717133,71959.617.81$273,377
Mar 200751035,16856.927.30$285,825
Feb 200734734,78055.108.22$304,872
Jan 200747639,03250.306.73$286,505
Dec 200628443,71456.656.92$318,521
Nov 200628245,75554.207.62$363,822
Oct 200621856,27254.906.01$350,377
Sep 200629265,11060.085.04$345,515
Aug 200628484,31568.717.34$638,379
Jul 200647290,74869.376.34$608,335
Jun 200644690,45966.286.38$607,040
May 2006493151,11966.016.42$1,003,483
Apr 2006929179,73664.397.36$1,382,762
Mar 20062,219232,32356.707.08$1,771,343
Feb 20067527,57657.597.75$218,064

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                  607 Mcf  × $  3.05 =     $1,849

────────────────────────────────────────────────────
Month total                                   $1,849

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/220401 is the state's own key, not one this site invented.