HOLLY TRACY

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 228365District 04Field 625560012 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Apr 2007 – May 2026
Value, last 12 filed months
$6 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 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 Gas112009-05-12177535
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
CondensateDisposition2,986 bbl$196,023
GasProduction492,486 Mcf$3,339,460
Total$3,535,484

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 26.4820, -98.2806. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.48201, -98.28055 · 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
9,924 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 9,924 ft.

Completions filed
Apr 2007
1 of 1 wells

1 well

42-2153355819,924 ftApr 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 20260140106.413.05$426
Apr 202617198.932.87$303
Mar 2026015089.753.15$472
Feb 2026010063.503.75$375
Jan 2026118059.138.00$1,499
Dec 202507556.664.41$331
Nov 2025013058.593.93$510
Oct 2025012659.383.30$416
Sep 2025013262.743.08$406
Aug 202517563.933.01$290
Jul 202509366.743.32$308
Jun 202508266.483.13$257
May 202509060.553.23$291
Apr 202506362.363.54$223
Mar 2025110267.704.27$503
Feb 2025013270.884.34$573
Jan 202509674.324.28$411
Dec 2024016368.993.12$509
Nov 2024010769.052.20$235
Oct 2024012071.372.28$274
Sep 202408269.612.36$194
Aug 2024013775.632.06$283
Jul 2024110579.932.15$305
Jun 2024015278.082.63$400
May 2024012678.812.20$277
Apr 202408784.451.66$144
Mar 202409380.301.55$144
Feb 2024013176.091.78$234
Jan 202406673.023.30$218
Dec 202316371.262.61$236
Nov 2023011977.892.81$334
Oct 2023016785.443.09$516
Sep 202309189.042.74$249
Aug 2023011680.522.67$310
Jul 2023012474.852.64$328
Jun 2023015368.962.26$346
May 202305570.622.23$123
Apr 2023012078.122.24$269
Mar 2023014872.852.39$354
Feb 2023110975.112.47$344
Jan 2023015476.533.39$522
Dec 2022013476.415.73$768
Nov 2022226985.005.65$2,260
Oct 2022016487.185.86$962
Sep 2022014084.888.16$1,143
Aug 2022015894.529.13$1,442
Jul 20220132101.587.54$996
Jun 20220159115.097.98$1,268
May 20220111109.378.43$936
Apr 202217130104.226.84$2,661
Mar 20220141108.885.08$716
Feb 2022511391.054.86$1,004
Jan 202208581.844.54$386
Dec 202156771.323.90$618
Nov 2021206777.435.24$1,899
Oct 202107979.795.71$451
Sep 2021010069.865.35$535
Aug 202104866.024.22$203
Jul 20213715170.783.98$3,220
Jun 202109369.493.38$314
May 202107363.483.02$220
Apr 202107660.362.76$210
Mar 202108161.302.72$220
Feb 2021166257.805.55$1,269
Jan 202104550.412.81$126
Dec 202045444.642.68$323
Nov 202004638.772.71$125
Oct 202085436.972.48$430
Sep 202003937.091.99$78
Aug 2020313439.982.39$1,320
Jul 202022138.371.83$115
Jun 202002834.901.69$47
May 202001916.921.81$34
Apr 202002914.751.80$52
Mar 202005330.341.86$98
Feb 202061449.881.98$327
Jan 202005357.252.09$111
Dec 201901959.012.30$44
Nov 2019272255.302.75$1,554
Oct 201901253.472.42$29
Sep 201931655.052.66$208
Aug 201902353.112.30$53
Jul 201929056.272.46$334
Jun 201932952.782.49$231
May 2019203858.482.74$1,274
Apr 201963862.632.75$480
Mar 201903756.803.06$113
Feb 201963850.852.79$411
Jan 201924846.033.23$247
Dec 201824146.594.19$265
Nov 201855252.934.24$485
Oct 2018264361.443.40$1,744
Sep 201802759.543.11$84
Aug 201884159.403.07$601
Jul 201801665.142.93$47
Jun 201874260.183.08$550
May 201802865.382.90$81
Apr 201822563.842.90$200
Mar 201832761.222.79$259
Feb 20180461.782.77$11
Jan 20182262.874.01$134
Dec 201733657.272.92$1,907
Nov 201713155.423.12$152
Oct 2017359049.292.98$1,994
Sep 20177729147.523.09$4,557
Aug 20174333045.373.00$2,942
Jul 2017511843.873.09$584
Jun 201765842.493.09$434
May 20175524545.373.26$3,295
Apr 20177219847.933.21$4,087
Mar 20175529646.772.98$3,456
Feb 20173125850.452.95$2,326
Jan 2017319349.413.42$1,850
Dec 20165025248.763.72$3,376
Nov 20166417942.492.64$3,193
Oct 20164320946.193.09$2,632
Sep 2016415341.553.10$1,868
Aug 20163834241.442.92$2,575
Jul 20165043541.622.92$3,353
Jun 20165744845.352.69$3,788
May 20165486142.521.99$4,010
Apr 20161388136.561.99$2,229
Mar 2016384633.011.79$1,617
Feb 201621,68526.472.06$3,530
Jan 2016281,62527.352.36$4,608
Dec 20151367132.362.00$1,764
Nov 2015848538.792.17$1,361
Oct 20151933843.552.43$1,648
Sep 2015030342.992.76$836
Aug 20152830040.162.87$1,986
Jul 2015836248.152.95$1,451
Jun 2015041056.152.88$1,182
May 2015245155.212.96$1,443
Apr 2015447449.822.71$1,482
Mar 2015150742.892.93$1,531
Feb 2015038244.662.98$1,137
Jan 2015016843.433.10$521
Dec 201411,43254.693.59$5,198
Nov 201401,36270.464.25$5,791
Oct 201411,42878.303.90$5,649
Sep 201401,35086.164.05$5,461
Aug 201401,35689.394.04$5,472
Jul 201401,52996.564.18$6,391
Jun 201411,51498.164.74$7,270
May 2014022894.734.73$1,078
Apr 201402595.944.81$120
Mar 2014219795.895.06$1,188
Feb 201401697.406.19$99
Jan 201402290.404.86$107
Dec 201312691.824.35$205
Nov 2013465488.853.74$4,289
Oct 2013043997.423.78$1,659
Sep 20130498104.113.72$1,851
Aug 20130566104.253.52$1,994
Jul 20130490102.523.72$1,822
Jun 2013062194.403.93$2,443
May 2013023694.834.15$979
Apr 2013031793.964.28$1,358
Mar 2013027793.623.91$1,084
Feb 2013028591.233.42$975
Jan 2013031191.603.42$1,064
Dec 2012056886.773.42$1,943
Nov 2012064686.953.62$2,342
Oct 2012070489.383.40$2,393
Sep 20127885894.672.92$9,888
Aug 20122173092.662.91$4,069
Jul 20124165585.133.02$5,469
Jun 20124281979.822.52$5,416
May 20126190391.612.49$7,835
Apr 201228876101.652.00$4,595
Mar 2012201,028105.052.22$4,385
Feb 201271,761101.102.57$5,234
Jan 2012101,04698.092.73$3,841
Dec 2011601,82296.873.24$11,715
Nov 20115197995.723.31$8,123
Oct 2011799684.983.65$4,229
Sep 201141,10583.623.99$4,739
Aug 2011151,09483.404.15$5,790
Jul 2011141,10094.144.52$6,287
Jun 20113397292.904.64$7,576
May 2011151,05898.134.40$6,132
Apr 201117984105.964.33$6,065
Mar 2011341,12696.364.06$7,845
Feb 2011131,25485.644.18$6,355
Jan 201111,05986.504.59$4,946
Dec 201051,02885.734.35$4,898
Nov 20104292680.843.80$6,910
Oct 20101381578.103.51$3,875
Sep 20101781172.633.98$4,462
Aug 2010181,51273.684.42$8,008
Jul 201052,01672.554.74$9,912
Jun 2010342,17070.364.91$13,048
May 2010102,24571.124.24$10,219
Apr 201052,16381.694.12$9,326
Mar 201042,08378.394.39$9,455
Feb 201041,92273.585.44$10,755
Jan 2010182,04774.365.96$13,547
Dec 2009162,19571.445.48$13,180
Nov 2009151,88574.593.75$8,190
Oct 200922,32672.544.11$9,706
Sep 2009152,41265.543.06$8,375
Aug 200952,49467.423.22$8,364
Jul 20091072,52961.133.46$15,303
Jun 2009282,57966.163.90$11,898
May 200962,86854.743.93$11,587
Apr 200983,18646.773.59$11,804
Mar 2009503,36142.144.06$15,749
Feb 2009453,16132.814.63$16,121
Jan 200903,53535.865.37$18,986
Dec 200803,61137.105.98$21,583
Nov 200803,61955.496.86$24,828
Oct 200803,85675.246.92$26,691
Sep 200803,574101.767.88$28,153
Aug 200803,879114.228.48$32,906
Jul 200804,002131.0811.39$45,581
Jun 200803,986131.3313.03$51,948
May 200804,790123.1711.57$55,441
Apr 2008305,581110.3110.45$61,658
Mar 200807,168101.909.66$69,272
Feb 200806,95592.538.77$60,999
Jan 200808,45990.388.21$69,412
Dec 2007399,31488.337.30$71,455
Nov 2007010,78391.677.29$78,626
Oct 200718013,52982.856.92$108,560
Sep 2007015,83475.846.24$98,870
Aug 2007023,45569.066.39$149,829
Jul 200718828,99970.906.39$198,573
Jun 2007054,56262.007.55$411,859
May 200717991,54958.747.85$728,834
Apr 2007071,00459.617.81$554,200

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                  140 Mcf  × $  3.05 =       $426

────────────────────────────────────────────────────
Month total                                     $426

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/228365 is the state's own key, not one this site invented.