MCGILL BROS.

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

Gas lease lease 225845District 04Field 486308002 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.4 M
Feb 2007 – May 2026
Value, last 12 filed months
$110 k
at the published price for each month
Months reported
232
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 88 leases and 91 wells, and the rule below applies to all of them.

Discovered
1999-11-02
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 1999-11-03.

The Commission's schedule remark for this field reads: CONSIST OF 95% DEL. AND 5% PER WELL.

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 Gas112007-08-20176281
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
CondensateDisposition69,511 bbl$5,007,677
GasProduction2,204,199 Mcf$13,349,427
Total$18,357,104

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 26.7815, -98.3362. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.78148, -98.33623 · 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
11,150 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 11,150 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-4273406860211,150 ftMar 2007

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 (232)

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

232 months

May 2026352,009106.413.05$9,843
Apr 202602,05698.932.87$5,900
Mar 2026172,14989.753.15$8,294
Feb 2026171,98763.503.75$8,531
Jan 2026171,97959.138.00$16,833
Dec 2025332,17356.664.41$11,460
Nov 2025172,18458.593.93$9,571
Oct 2025172,23759.383.30$8,402
Sep 2025122,09462.743.08$7,196
Aug 2025172,29863.933.01$8,015
Jul 2025172,40766.743.32$9,114
Jun 2025171,94566.483.13$7,216
May 2025172,05860.553.23$7,681
Apr 2025171,97762.363.54$8,065
Mar 2025172,02167.704.27$9,777
Feb 2025171,80070.884.34$9,018
Jan 2025342,08674.324.28$11,452
Dec 2024352,28668.993.12$9,550
Nov 2024182,33769.052.20$6,381
Oct 2024172,32971.372.28$6,527
Sep 2024172,19869.612.36$6,380
Aug 2024172,32575.632.06$6,084
Jul 2024172,31279.932.15$6,322
Jun 2024332,27078.082.63$8,556
May 20241922,42478.812.20$20,461
Apr 2024172,37684.451.66$5,378
Mar 2024172,46380.301.55$5,171
Feb 2024342,14776.091.78$6,417
Jan 20241852,17473.023.30$20,678
Dec 2023332,40271.262.61$8,623
Nov 2023172,12577.892.81$7,290
Oct 2023522,34185.443.09$11,670
Sep 2023182,35389.042.74$8,038
Aug 2023372,46380.522.67$9,563
Jul 2023372,60274.852.64$9,643
Jun 20232272,42968.962.26$21,140
May 2023342,52970.622.23$8,034
Apr 2023182,48578.122.24$6,967
Mar 2023362,61472.852.39$8,878
Feb 2023182,51675.112.47$7,556
Jan 2023322,64276.533.39$11,399
Dec 20222562,82676.415.73$35,751
Nov 202202,69485.005.65$15,211
Oct 2022172,72087.185.86$17,431
Sep 2022352,57184.888.16$23,960
Aug 2022182,83494.529.13$27,568
Jul 20222152,727101.587.54$42,407
Jun 2022532,564115.097.98$26,553
May 202202,709109.378.43$22,845
Apr 2022372,406104.226.84$20,307
Mar 2022522,537108.885.08$18,541
Feb 20222092,42291.054.86$30,798
Jan 2022362,73581.844.54$15,357
Dec 2021172,73671.323.90$11,880
Nov 2021362,52577.435.24$16,011
Oct 2021372,63979.795.71$18,031
Sep 20211982,53169.865.35$27,375
Aug 2021342,42866.024.22$12,492
Jul 2021352,81570.783.98$13,687
Jun 2021172,72069.493.38$10,377
May 2021342,92963.483.02$10,997
Apr 2021322,68660.362.76$9,341
Mar 20212092,77861.302.72$20,359
Feb 2021362,26457.805.55$14,641
Jan 2021352,78950.412.81$9,602
Dec 2020182,59544.642.68$7,746
Nov 20202112,64638.772.71$15,342
Oct 2020342,73936.972.48$8,045
Sep 2020342,48437.091.99$6,207
Aug 2020362,04839.982.39$6,324
Jul 2020182,39038.371.83$5,053
Jun 2020622,98734.901.69$7,213
May 20202083,03416.921.81$9,025
Apr 2020402,98614.751.80$5,978
Mar 2020272,88330.341.86$6,171
Feb 2020622,90749.881.98$8,850
Jan 2020423,13757.252.09$8,976
Dec 2019183,18259.012.30$8,395
Nov 2019173,06355.302.75$9,365
Oct 20192133,36053.472.42$19,515
Sep 2019383,18955.052.66$10,566
Aug 2019153,26453.112.30$8,318
Jul 201973,39456.272.46$8,743
Jun 201973,30652.782.49$8,605
May 20191073,41658.482.74$15,618
Apr 201973,45962.632.75$9,953
Mar 201963,37056.803.06$10,660
Feb 201972,92550.852.79$8,523
Jan 20191923,24446.033.23$19,310
Dec 201843,44846.594.19$14,618
Nov 2018113,59852.934.24$15,828
Oct 20181993,88561.443.40$25,428
Sep 2018113,63559.543.11$11,953
Aug 201833,70959.403.07$11,552
Jul 20181743,44065.142.93$21,420
Jun 201872,93460.183.08$9,449
May 2018112,61065.382.90$8,290
Apr 201873,56663.842.90$10,791
Mar 2018113,41461.222.79$10,188
Feb 2018472,97261.782.77$11,125
Jan 201833,43562.874.01$13,961
Dec 20171753,63457.272.92$20,639
Nov 201703,64455.423.12$11,363
Oct 201702,99149.292.98$8,924
Sep 20171923,24147.523.09$19,130
Aug 201743,66645.373.00$11,196
Jul 201723,00343.873.09$9,359
Jun 201702,82742.493.09$8,728
May 20171233,34345.373.26$16,490
Apr 201723,60647.933.21$11,677
Mar 20171344,07346.772.98$18,420
Feb 201763,10750.452.95$9,476
Jan 201713,71249.413.42$12,740
Dec 20161983,85848.763.72$24,017
Nov 201663,49642.492.64$9,500
Oct 201683,62546.193.09$11,572
Sep 20161853,85541.553.10$19,640
Aug 201622,39841.442.92$7,095
Jul 201632,95341.622.92$8,760
Jun 201613,99245.352.69$10,767
May 2016894,02242.521.99$11,792
Apr 201603,99736.561.99$7,958
Mar 20161804,34333.011.79$13,733
Feb 201603,52726.472.06$7,278
Jan 2016883,77627.352.36$11,335
Dec 20151064,47532.362.00$12,386
Nov 201513,77338.792.17$8,216
Oct 2015704,49543.552.43$13,956
Sep 20151064,45042.992.76$16,832
Aug 20151774,26340.162.87$19,354
Jul 201524,67248.152.95$13,856
Jun 201513,90956.152.88$11,325
May 20151963,78055.212.96$21,993
Apr 201553,58849.822.71$9,960
Mar 20151974,33142.892.93$21,160
Feb 201583,58544.662.98$11,027
Jan 20151913,95643.433.10$20,561
Dec 201404,33754.693.59$15,576
Nov 20141973,38270.464.25$28,260
Oct 201403,92778.303.90$15,319
Sep 20141894,06686.164.05$32,733
Aug 201434,05789.394.04$16,639
Jul 201413,51496.564.18$14,784
Jun 20142074,21598.164.74$40,285
May 2014155,07694.734.73$25,413
Apr 201404,88095.944.81$23,469
Mar 20141935,27595.895.06$45,181
Feb 20141964,76197.406.19$48,571
Jan 201405,37890.404.86$26,141
Dec 20131975,08391.824.35$40,222
Nov 201304,22788.853.74$15,802
Oct 20131875,16097.423.78$37,719
Sep 20131905,148104.113.72$38,920
Aug 201305,531104.253.52$19,484
Jul 20131875,015102.523.72$37,816
Jun 201305,22094.403.93$20,532
May 20131925,36094.834.15$40,446
Apr 20131935,09893.964.28$39,967
Mar 201305,20393.623.91$20,359
Feb 20131755,28591.233.42$34,039
Jan 201346,16591.603.42$21,450
Dec 20121956,20086.773.42$38,125
Nov 20121816,12786.953.62$37,948
Oct 201286,41689.383.40$22,527
Sep 20121945,99294.672.92$35,853
Aug 201205,90292.662.91$17,164
Jul 20121985,65385.133.02$33,932
Jun 20122005,35979.822.52$29,464
May 201255,96891.612.49$15,308
Apr 20121986,810101.652.00$33,725
Mar 20122017,075105.052.22$36,836
Feb 201236,832101.102.57$17,863
Jan 20121996,46498.092.73$37,193
Dec 20111627,02096.873.24$38,436
Nov 20111657,42195.723.31$40,367
Oct 20111989,20784.983.65$50,418
Sep 20111967,95783.623.99$48,105
Aug 201138,20583.404.15$34,295
Jul 20111957,11194.144.52$50,479
Jun 20111996,71892.904.64$49,658
May 20111957,11298.134.40$50,462
Apr 20111927,008105.964.33$50,712
Mar 20111968,21396.364.06$52,209
Feb 20111897,56585.644.18$47,808
Jan 20113858,92586.504.59$74,257
Dec 20101958,60885.734.35$54,143
Nov 20101938,44680.843.80$47,657
Oct 20103847,52378.103.51$56,388
Sep 201014,81872.633.98$19,246
Aug 20101854,21573.684.42$32,258
Jul 20101904,14772.554.74$33,427
Jun 20101946,78870.364.91$46,982
May 201016710,92171.124.24$58,130
Apr 201038510,73481.694.12$75,704
Mar 201039111,54378.394.39$81,309
Feb 20101896,64073.585.44$50,044
Jan 201019810,55974.365.96$77,698
Dec 200939011,76971.445.48$92,400
Nov 200938311,66674.593.75$72,333
Oct 200938213,22472.544.11$82,064
Sep 200937813,57265.543.06$66,369
Aug 200937614,25967.423.22$71,243
Jul 20091907,19761.133.46$36,549
Jun 200938514,95766.163.90$83,729
May 200933016,02854.743.93$80,986
Apr 200938815,96646.773.59$75,425
Mar 200957517,64242.144.06$95,839
Feb 200938716,37532.814.63$88,563
Jan 200959618,35535.865.37$119,957
Dec 200859719,86737.105.98$140,897
Nov 200893221,30455.496.86$197,870
Oct 20081,11022,23475.246.92$237,420
Sep 200882118,809101.767.88$231,705
Aug 200889230,621114.228.48$361,643
Jul 200895126,252131.0811.39$423,652
Jun 200848827,696131.3313.03$425,041
May 200881629,403123.1711.57$440,826
Apr 200891132,364110.3110.45$438,854
Mar 20081,23635,487101.909.66$468,897
Feb 20082,40939,32392.538.77$567,790
Jan 20081,54441,37690.388.21$479,067
Dec 20071,59042,12788.337.30$448,055
Nov 20071,59158,64291.677.29$573,447
Oct 20071,79245,52882.856.92$463,611
Sep 20071,54843,94175.846.24$391,775
Aug 20071,85854,65869.066.39$477,466
Jul 20071,83774,94170.906.39$608,962
Jun 20073,09694,22562.007.55$903,205
May 20074,309118,53358.747.85$1,183,154
Apr 20078,010170,89359.617.81$1,811,330
Mar 20077,444154,30156.927.30$1,550,414
Feb 20072,61750,29255.108.22$557,396

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            35 bbl  × $106.41 =     $3,724
Gas                2,009 Mcf  × $  3.05 =     $6,119

────────────────────────────────────────────────────
Month total                                   $9,843

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/225845 is the state's own key, not one this site invented.