HOLLY TRACY GAS UNIT

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

Gas lease lease 227523District 04Field 625560012 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
May 2007 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
229
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 55 leases and 55 wells, and the rule below applies to all of them.

Discovered
2003-04-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2003-04-08.

The Commission's schedule remark for this field reads: OF THE ALLOCATION FORMULA HAS BEEN APPROVED PER THIS ORDER.

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 Gas112009-05-12177534
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
CondensateDisposition3,378 bbl$243,385
GasProduction473,081 Mcf$2,672,762
Total$2,916,146

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 26.4787, -98.2814. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.47867, -98.28141 · 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
9,650 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 9,650 ft.

Completions filed
May 2007
1 of 1 wells

1 well

42-2153362529,650 ftMay 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 (229)

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

229 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260759.138.00$56
Dec 20250056.664.41$0
Nov 202508058.593.93$314
Oct 202504359.383.30$142
Sep 202507362.743.08$225
Aug 202506063.933.01$181
Jul 202505266.743.32$172
Jun 202504766.483.13$147
May 202506460.553.23$207
Apr 202504962.363.54$174
Mar 202503267.704.27$137
Feb 202505470.884.34$234
Jan 202505874.324.28$248
Dec 202405868.993.12$181
Nov 202405269.052.20$114
Oct 202405371.372.28$121
Sep 202405269.612.36$123
Aug 202408075.632.06$165
Jul 202405479.932.15$116
Jun 202403978.082.63$103
May 202408378.812.20$182
Apr 2024014184.451.66$234
Mar 202405080.301.55$77
Feb 2024013976.091.78$248
Jan 202404373.023.30$142
Dec 2023010071.262.61$261
Nov 2023010177.892.81$284
Oct 202304885.443.09$148
Sep 202305189.042.74$139
Aug 202309480.522.67$251
Jul 2023012274.852.64$322
Jun 2023010168.962.26$228
May 202302070.622.23$45
Apr 202308978.122.24$199
Mar 2023013772.852.39$328
Feb 202307875.112.47$192
Jan 2023010176.533.39$342
Dec 202209676.415.73$550
Nov 202247285.005.65$747
Oct 2022011787.185.86$686
Sep 202208784.888.16$710
Aug 2022012994.529.13$1,177
Jul 20220127101.587.54$958
Jun 20220155115.097.98$1,236
May 20220102109.378.43$860
Apr 20220132104.226.84$903
Mar 20220139108.885.08$706
Feb 202204391.054.86$209
Jan 2022010281.844.54$463
Dec 2021016471.323.90$639
Nov 2021020077.435.24$1,047
Oct 2021020579.795.71$1,171
Sep 2021021769.865.35$1,161
Aug 2021014266.024.22$599
Jul 2021422370.783.98$1,171
Jun 2021026769.493.38$903
May 2021020863.483.02$628
Apr 2021025660.362.76$706
Mar 2021020961.302.72$568
Feb 2021018957.805.55$1,049
Jan 2021024050.412.81$674
Dec 2020029244.642.68$781
Nov 2020019438.772.71$525
Oct 2020027136.972.48$672
Sep 2020023237.091.99$462
Aug 2020626139.982.39$862
Jul 2020028338.371.83$517
Jun 2020025734.901.69$434
May 2020027016.921.81$490
Apr 2020029014.751.80$523
Mar 2020025230.341.86$468
Feb 2020022349.881.98$442
Jan 2020027657.252.09$578
Dec 2019028059.012.30$645
Nov 2019514455.302.75$673
Oct 2019019653.472.42$474
Sep 2019018755.052.66$497
Aug 2019021653.112.30$498
Jul 2019016556.272.46$406
Jun 201902052.782.49$50
May 2019419258.482.74$760
Apr 2019016062.632.75$440
Mar 2019027156.803.06$830
Feb 2019024450.852.79$681
Jan 2019030746.033.23$991
Dec 2018021146.594.19$883
Nov 2018022252.934.24$941
Oct 2018513061.443.40$749
Sep 201808959.543.11$277
Aug 2018017959.403.07$549
Jul 2018011465.142.93$334
Jun 2018020460.183.08$628
May 2018011165.382.90$322
Apr 2018012463.842.90$360
Mar 2018012761.222.79$354
Feb 201806461.782.77$177
Jan 2018048862.874.01$1,957
Dec 201701,32257.272.92$3,862
Nov 201771,12055.423.12$3,881
Oct 20172664949.292.98$3,218
Sep 2017241,11847.523.09$4,592
Aug 2017171,03145.373.00$3,869
Jul 2017194543.873.09$2,961
Jun 2017389342.493.09$2,884
May 2017261,10945.373.26$4,799
Apr 2017351,21547.933.21$5,580
Mar 2017261,30546.772.98$5,110
Feb 2017181,05050.452.95$4,008
Jan 20172695149.413.42$4,536
Dec 20162899848.763.72$5,081
Nov 2016401,42642.492.64$5,470
Oct 2016272,13446.193.09$7,842
Sep 2016192,34641.553.10$8,064
Aug 2016172,32541.442.92$7,504
Jul 2016242,15341.622.92$7,295
Jun 2016231,65545.352.69$5,488
May 2016222,13842.521.99$5,192
Apr 201661,60636.561.99$3,417
Mar 201611,45333.011.79$2,640
Feb 201621,71326.472.06$3,588
Jan 2016281,58127.352.36$4,504
Dec 2015131,42432.362.00$3,271
Nov 201581,39438.792.17$3,332
Oct 2015222,80643.552.43$7,767
Sep 201501,24142.992.76$3,423
Aug 2015201,40440.162.87$4,836
Jul 201571,33348.152.95$4,263
Jun 201501,47056.152.88$4,238
May 201521,44455.212.96$4,378
Apr 2015111,53449.822.71$4,700
Mar 201551,11942.892.93$3,498
Feb 201501,17044.662.98$3,482
Jan 201508643.433.10$267
Dec 2014025754.693.59$923
Nov 201441,09870.464.25$4,950
Oct 201421,90478.303.90$7,584
Sep 201401,61386.164.05$6,525
Aug 201421,50589.394.04$6,252
Jul 201401,75796.564.18$7,344
Jun 201491,90898.164.74$9,921
May 201401,83894.734.73$8,687
Apr 201401,53595.944.81$7,382
Mar 201451,63095.895.06$8,722
Feb 2014014597.406.19$898
Jan 2014029890.404.86$1,448
Dec 2013031591.824.35$1,372
Nov 2013039788.853.74$1,484
Oct 2013490097.423.78$3,791
Sep 20132022104.113.72$2,164
Aug 2013231,002104.253.52$5,927
Jul 201310654102.523.72$3,457
Jun 2013391,74994.403.93$10,561
May 20131173494.834.15$4,089
Apr 2013221,45893.964.28$8,311
Mar 201361,72893.623.91$7,323
Feb 2013331,17091.233.42$7,012
Jan 2013601,31891.603.42$10,003
Dec 2012171,72886.773.42$7,385
Nov 2012301,89086.953.62$9,460
Oct 201251,76389.383.40$6,441
Sep 2012222,38694.672.92$9,046
Aug 2012191,90392.662.91$7,295
Jul 20121482,07985.133.02$18,879
Jun 2012522,11479.822.52$9,476
May 2012732,23791.612.49$12,254
Apr 2012252,851101.652.00$8,234
Mar 2012182,507105.052.22$7,462
Feb 2012232,069101.102.57$7,643
Jan 2012611,36998.092.73$9,726
Dec 2011351,94596.873.24$9,692
Nov 2011232,04595.723.31$8,973
Oct 201182,50784.983.65$9,827
Sep 201142,33583.623.99$9,641
Aug 2011162,58383.404.15$12,052
Jul 2011292,65094.144.52$14,701
Jun 2011342,65592.904.64$15,477
May 2011242,75598.134.40$14,490
Apr 2011212,737105.964.33$14,085
Mar 2011543,16396.364.06$18,037
Feb 2011252,50885.644.18$12,624
Jan 201123,23886.504.59$15,031
Dec 201063,28685.734.35$14,801
Nov 2010623,15580.843.80$16,986
Oct 2010164,40178.103.51$16,692
Sep 2010327,93172.633.98$33,885
Aug 2010494,01473.684.42$21,350
Jul 2010252,89072.554.74$15,502
Jun 20101363,39370.364.91$26,230
May 2010494,14071.124.24$21,019
Apr 2010294,35481.694.12$20,319
Mar 2010234,46078.394.39$21,376
Feb 2010263,75073.585.44$22,322
Jan 20101092,79074.365.96$24,745
Dec 20091033,80371.445.48$28,213
Nov 20091024,60074.593.75$24,865
Oct 2009174,97372.544.11$21,673
Sep 2009964,78865.543.06$20,966
Aug 2009314,82367.423.22$17,613
Jul 20092225,11461.133.46$31,288
Jun 20091105,20266.163.90$27,539
May 2009115,40354.743.93$21,813
Apr 2009435,18746.773.59$20,619
Mar 20091335,20842.144.06$26,744
Feb 20091044,59632.814.63$24,706
Jan 200905,12835.865.37$27,542
Dec 200804,43137.105.98$26,485
Nov 200805,09355.496.86$34,940
Oct 200805,32975.246.92$36,887
Sep 200805,400101.767.88$42,536
Aug 200806,470114.228.48$54,885
Jul 200805,530131.0811.39$62,984
Jun 200807,102131.3313.03$92,558
May 200808,352123.1711.57$96,668
Apr 200808,637110.3110.45$90,299
Mar 20081698,670101.909.66$101,009
Feb 2008010,00092.538.77$87,706
Jan 2008011,16690.388.21$91,625
Dec 20077512,26488.337.30$96,176
Nov 2007012,94091.677.29$94,355
Oct 2007014,33682.856.92$99,234
Sep 2007014,52675.846.24$90,703
Aug 2007016,47569.066.39$105,241
Jul 2007016,47470.906.39$105,235
Jun 20072037,06862.007.55$281,046
May 200707,94458.747.85$62,331

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                    7 Mcf  × $  8.00 =        $56

────────────────────────────────────────────────────
Month total                                      $56

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/227523 is the state's own key, not one this site invented.