GARZA ZAMORA ENERGY TRUST

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

Gas lease lease 227373District 04Field 315335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.5 M
Apr 2007 – May 2026
Value, last 12 filed months
$122 k
at the published price for each month
Months reported
230
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 137 leases and 137 wells, and the rule below applies to all of them.

Discovered
1986-04-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-11-12.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA TO REMAIN SUSPENDED.

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 Gas112008-05-19182749
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
CondensateDisposition22,736 bbl$1,638,574
GasProduction3,462,679 Mcf$18,903,611
Total$20,542,185

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 26.4414, -98.4850. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.44140, -98.48496 · 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
10,800 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 10,800 ft.

Completions filed
Sep 2007
1 of 1 wells

1 well

42-21533614610,800 ftSep 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 (230)

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

230 months

May 2026162,225106.413.05$8,480
Apr 202662,13498.932.87$6,718
Mar 2026132,27889.753.15$8,341
Feb 202692,09463.503.75$8,425
Jan 2026192,34459.138.00$19,871
Dec 2025102,42356.664.41$11,260
Nov 2025162,40858.593.93$10,392
Oct 202552,70759.383.30$9,243
Sep 2025172,68562.743.08$9,328
Aug 2025122,85863.933.01$9,383
Jul 2025242,83466.743.32$10,997
Jun 2025182,74866.483.13$9,794
May 2025182,88560.553.23$10,415
Apr 2025282,70462.363.54$11,327
Mar 2025382,75867.704.27$14,345
Feb 2025153,15870.884.34$14,772
Jan 2025253,75974.324.28$17,942
Dec 2024143,81768.993.12$12,880
Nov 2024133,65369.052.20$8,929
Oct 2024173,55671.372.28$9,326
Sep 20241913,27269.612.36$21,032
Aug 202483,24175.632.06$7,293
Jul 2024133,50779.932.15$8,567
Jun 2024143,63478.082.63$10,665
May 2024113,18878.812.20$7,876
Apr 2024153,44584.451.66$6,983
Mar 2024283,25380.301.55$7,275
Feb 2024132,99076.091.78$6,322
Jan 2024113,62173.023.30$12,744
Dec 2023334,19971.262.61$13,314
Nov 2023143,95877.892.81$12,203
Oct 2023193,74985.443.09$13,198
Sep 20231894,30889.042.74$28,611
Aug 202363,93080.522.67$10,988
Jul 2023304,32874.852.64$13,679
Jun 2023174,44068.962.26$11,200
May 2023224,35170.622.23$11,245
Apr 2023294,07678.122.24$11,387
Mar 2023414,53172.852.39$13,830
Feb 2023214,08675.112.47$11,652
Jan 2023374,21876.533.39$17,121
Dec 20222313,99676.415.73$40,544
Nov 2022213,76085.005.65$23,015
Oct 2022314,42787.185.86$28,661
Sep 2022204,58584.888.16$39,128
Aug 2022194,27594.529.13$40,814
Jul 2022193,996101.587.54$32,068
Jun 2022314,084115.097.98$36,147
May 2022164,384109.378.43$38,720
Apr 2022344,102104.226.84$31,591
Mar 2022224,853108.885.08$27,031
Feb 2022414,12991.054.86$23,795
Jan 2022224,47581.844.54$22,107
Dec 2021344,71571.323.90$20,809
Nov 2021274,50177.435.24$25,662
Oct 2021254,96079.795.71$30,336
Sep 2021284,90469.865.35$28,197
Aug 20212144,96666.024.22$35,088
Jul 2021324,83070.783.98$21,498
Jun 2021215,17569.493.38$18,954
May 2021144,99063.483.02$15,947
Apr 2021315,55060.362.76$17,180
Mar 2021145,52261.302.72$15,861
Feb 2021286,31957.805.55$36,676
Jan 2021266,11350.412.81$18,490
Dec 2020176,92644.642.68$19,289
Nov 20202086,75738.772.71$26,352
Oct 2020237,44336.972.48$19,297
Sep 2020186,77037.091.99$14,147
Aug 2020178,24339.982.39$20,340
Jul 2020135,95638.371.83$11,369
Jun 2020246,07934.901.69$11,113
May 2020106,49416.921.81$11,954
Apr 2020146,16714.751.80$11,334
Mar 202077,47830.341.86$14,093
Feb 20202006,40449.881.98$22,660
Jan 202076,87257.252.09$14,796
Dec 2019117,54859.012.30$18,042
Nov 2019116,93955.302.75$19,695
Oct 2019147,07953.472.42$17,869
Sep 201946,75855.052.66$18,178
Aug 2019236,79853.112.30$16,887
Jul 2019126,54156.272.46$16,766
Jun 2019146,53152.782.49$17,009
May 20192077,62458.482.74$32,998
Apr 2019118,10362.632.75$22,978
Mar 2019238,00256.803.06$25,809
Feb 2019128,63950.852.79$24,732
Jan 2019218,65546.033.23$28,907
Dec 20181779,11146.594.19$46,380
Nov 2018248,41352.934.24$36,918
Oct 2018189,00961.443.40$31,719
Sep 201899,16659.543.11$29,024
Aug 2018168,98959.403.07$28,516
Jul 2018249,50465.142.93$29,428
Jun 2018219,11360.183.08$29,304
May 2018129,10765.382.90$27,202
Apr 2018128,33163.842.90$24,933
Mar 2018258,34361.222.79$24,781
Feb 201887,60161.782.77$21,520
Jan 2018218,07162.874.01$33,679
Dec 2017428,84557.272.92$28,246
Nov 201756,94155.423.12$21,922
Oct 201717,33849.292.98$21,944
Sep 201726,88047.523.09$21,336
Aug 201777,08045.373.00$21,589
Jul 201727,34343.873.09$22,758
Jun 201757,32642.493.09$22,830
May 201748,03045.373.26$26,387
Apr 201727,36747.933.21$23,756
Mar 201747,98146.772.98$24,000
Feb 201757,17550.452.95$21,437
Jan 2017578,10649.413.42$30,529
Dec 201638,32448.763.72$31,135
Nov 201637,91342.492.64$21,052
Oct 201658,25046.193.09$25,726
Sep 201638,09341.553.10$25,218
Aug 2016328,61741.442.92$26,525
Jul 201608,50841.622.92$24,880
Jun 2016808,46245.352.69$26,355
May 201628,94842.521.99$17,901
Apr 201648,59136.561.99$17,251
Mar 201628,97433.011.79$16,165
Feb 201648,57026.472.06$17,791
Jan 201629,25127.352.36$21,927
Dec 201519,43332.362.00$18,912
Nov 201509,12938.792.17$19,786
Oct 2015379,59643.552.43$24,897
Sep 201509,20542.992.76$25,391
Aug 201529,74440.162.87$28,070
Jul 2015110,14448.152.95$29,923
Jun 201519,77056.152.88$28,222
May 2015210,23555.212.96$30,359
Apr 201519,50749.822.71$25,781
Mar 201519,89042.892.93$29,067
Feb 201548,94644.662.98$26,804
Jan 201529,92543.433.10$30,861
Dec 201429,91354.693.59$35,711
Nov 20141979,17670.464.25$52,896
Oct 2014410,29678.303.90$40,477
Sep 201429,99986.164.05$40,623
Aug 2014210,15089.394.04$41,135
Jul 2014410,43696.564.18$44,005
Jun 2014610,09098.164.74$48,384
May 2014110,53594.734.73$49,889
Apr 2014210,21995.944.81$49,336
Mar 2014610,55895.895.06$53,965
Feb 2014210,55197.406.19$65,527
Jan 2014211,91390.404.86$58,087
Dec 2013211,94191.824.35$52,180
Nov 2013112,07788.853.74$45,236
Oct 2013011,49097.423.78$43,425
Sep 2013011,905104.113.72$44,260
Aug 2013112,210104.253.52$43,115
Jul 2013212,004102.523.72$44,833
Jun 2013113,00994.403.93$51,264
May 2013010,48794.834.15$43,511
Apr 2013312,05593.964.28$51,909
Mar 2013011,50293.623.91$45,006
Feb 2013010,84991.233.42$37,103
Jan 2013312,91291.603.42$44,433
Dec 2012312,65586.773.42$43,542
Nov 2012312,32386.953.62$44,931
Oct 201215812,75289.383.40$57,475
Sep 2012012,70194.672.92$37,067
Aug 201213413,62192.662.91$52,028
Jul 2012013,87485.133.02$41,911
Jun 2012313,62279.822.52$34,554
May 2012010,21591.612.49$25,418
Apr 2012312,636101.652.00$25,537
Mar 201217215,092105.052.22$51,604
Feb 2012414,816101.102.57$38,485
Jan 201217915,10598.092.73$58,856
Dec 201120015,28396.873.24$68,887
Nov 201118314,40095.723.31$65,199
Oct 2011115,88184.983.65$58,027
Sep 2011315,51783.623.99$62,099
Aug 2011116,78583.404.15$69,730
Jul 201137316,57894.144.52$110,001
Jun 2011216,36592.904.64$76,117
May 2011517,37098.134.40$77,002
Apr 2011617,193105.964.33$75,138
Mar 201120618,03896.364.06$93,036
Feb 201119915,57385.644.18$82,137
Jan 2011917,82486.504.59$82,569
Dec 201035718,72185.734.35$112,000
Nov 201019918,58380.843.80$86,616
Oct 20102519,53878.103.51$70,509
Sep 20101619,55672.633.98$78,985
Aug 201021920,40273.684.42$106,300
Jul 20102321,04772.554.74$101,358
Jun 201022520,90270.364.91$118,468
May 201040922,15771.124.24$122,928
Apr 20103722,22181.694.12$94,633
Mar 201022523,28878.394.39$119,841
Feb 20102720,86873.585.44$115,558
Jan 201023922,45974.365.96$151,720
Dec 20093322,87271.445.48$127,782
Nov 200922222,62774.593.75$101,444
Oct 200920524,30272.544.11$114,758
Sep 200919223,73265.543.06$85,316
Aug 20092625,11767.423.22$82,592
Jul 200937226,10361.133.46$113,174
Jun 200919226,20866.163.90$114,783
May 200921227,86454.743.93$120,992
Apr 200918227,91146.773.59$108,643
Mar 200919429,16442.144.06$126,552
Feb 200938626,93032.814.63$137,431
Jan 200918130,29535.865.37$169,205
Dec 200819930,66937.105.98$190,696
Nov 200838632,90855.496.86$247,180
Oct 200835135,60775.246.92$272,880
Sep 2008031,686101.767.88$249,593
Aug 2008039,941114.228.48$338,820
Jul 2008042,196131.0811.39$480,588
Jun 2008043,706131.3313.03$569,604
May 200816992,026123.1711.57$1,085,951
Apr 200820044,909110.3110.45$491,579
Mar 200838246,879101.909.66$491,968
Feb 200839747,92192.538.77$457,029
Jan 200857957,40190.388.21$523,347
Dec 200759762,09188.337.30$506,120
Nov 200778675,67391.677.29$623,837
Oct 200797992,99182.856.92$724,792
Sep 200770060,53875.846.24$431,097
Aug 200794293,77769.066.39$664,096
Jul 20071,578146,72270.906.39$1,049,132
Jun 20072,753235,98762.007.55$1,952,022
May 20071,538129,72358.747.85$1,108,185
Apr 20070059.617.81$0

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            16 bbl  × $106.41 =     $1,703
Gas                2,225 Mcf  × $  3.05 =     $6,777

────────────────────────────────────────────────────
Month total                                   $8,480

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/227373 is the state's own key, not one this site invented.