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 228597District 04Field 486308002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.7 M
Jun 2007 – May 2026
Value, last 12 filed months
$57 k
at the published price for each month
Months reported
228
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 Gas112008-09-25185485
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
CondensateDisposition6,096 bbl$460,338
GasProduction630,988 Mcf$3,279,937
Total$3,740,275

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 26.7580, -98.3409. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.75796, -98.34086 · 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
Jun 2007
1 of 1 wells

1 well

42-4273411860710,800 ftJun 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 (228)

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

228 months

May 202601,049106.413.05$3,195
Apr 202601,06098.932.87$3,042
Mar 2026099789.753.15$3,140
Feb 2026093963.503.75$3,522
Jan 202601,02459.138.00$8,190
Dec 202501,05256.664.41$4,643
Nov 202501,02058.593.93$4,005
Oct 202501,05659.383.30$3,490
Sep 2025096962.743.08$2,982
Aug 20251781,02263.933.01$14,461
Jul 202501,07766.743.32$3,570
Jun 202501,02566.483.13$3,207
May 202501,05260.553.23$3,400
Apr 202501,06062.363.54$3,756
Mar 202501,11267.704.27$4,746
Feb 202501,00370.884.34$4,354
Jan 202501,01874.324.28$4,356
Dec 202401,28268.993.12$4,002
Nov 202401,17669.052.20$2,585
Oct 202401,31371.372.28$2,995
Sep 202401,31969.612.36$3,119
Aug 202401,44375.632.06$2,978
Jul 202401,36479.932.15$2,928
Jun 202401,38178.082.63$3,638
May 202401,50678.812.20$3,311
Apr 202401,46684.451.66$2,432
Mar 20241791,60280.301.55$16,849
Feb 202401,37676.091.78$2,454
Jan 202401,38773.023.30$4,574
Dec 202301,46971.262.61$3,835
Nov 202301,52177.892.81$4,270
Oct 202301,76285.443.09$5,440
Sep 202301,77189.042.74$4,844
Aug 202301,91780.522.67$5,124
Jul 202302,12174.852.64$5,603
Jun 202302,08768.962.26$4,713
May 202302,07270.622.23$4,615
Apr 2023049878.122.24$1,114
Mar 202301772.852.39$41
Feb 20230975.112.47$22
Jan 20230876.533.39$27
Dec 20220876.415.73$46
Nov 202203785.005.65$209
Oct 202201087.185.86$59
Sep 202201084.888.16$82
Aug 202203794.529.13$338
Jul 2022021101.587.54$158
Jun 2022041115.097.98$327
May 2022096109.378.43$810
Apr 2022084104.226.84$574
Mar 2022062108.885.08$315
Feb 202205691.054.86$272
Jan 202204081.844.54$182
Dec 202107271.323.90$281
Nov 202105277.435.24$272
Oct 2021073579.795.71$4,200
Sep 2021026669.865.35$1,423
Aug 20210766.024.22$30
Jul 202101270.783.98$48
Jun 2021021169.493.38$713
May 202103063.483.02$91
Apr 2021066360.362.76$1,829
Mar 202101,13461.302.72$3,081
Feb 202101,00657.805.55$5,581
Jan 20211751,18350.412.81$12,146
Dec 202001,08644.642.68$2,906
Nov 202001,09538.772.71$2,964
Oct 202001,14536.972.48$2,838
Sep 202001,06937.091.99$2,128
Aug 2020093639.982.39$2,232
Jul 202001,04638.371.83$1,909
Jun 202041,15634.901.69$2,094
May 202001,23416.921.81$2,239
Apr 202041,22914.751.80$2,277
Mar 202051,29430.341.86$2,554
Feb 202051,21749.881.98$2,660
Jan 202031,28457.252.09$2,861
Dec 201901,27859.012.30$2,945
Nov 20191571,25655.302.75$12,137
Oct 201961,28853.472.42$3,436
Sep 201981,21255.052.66$3,661
Aug 201941,32053.112.30$3,254
Jul 201911,30256.272.46$3,259
Jun 201901,25952.782.49$3,136
May 201901,40758.482.74$3,856
Apr 201901,34662.632.75$3,702
Mar 201901,28956.803.06$3,947
Feb 20191951,07550.852.79$12,917
Jan 201911,18246.033.23$3,862
Dec 201801,47646.594.19$6,178
Nov 201811,55052.934.24$6,621
Oct 201801,58661.443.40$5,389
Sep 201811,37759.543.11$4,339
Aug 201801,55859.403.07$4,778
Jul 201801,38565.142.93$4,061
Jun 201801,50460.183.08$4,628
May 201811,44465.382.90$4,254
Apr 201801,42663.842.90$4,137
Mar 201811,47161.222.79$4,161
Feb 201811,31761.782.77$3,705
Jan 201801,39462.874.01$5,589
Dec 201701,49357.272.92$4,362
Nov 201701,33455.423.12$4,160
Oct 201701,26649.292.98$3,777
Sep 20171511,32847.523.09$11,275
Aug 201721,47345.373.00$4,516
Jul 201721,51743.873.09$4,771
Jun 201701,53542.493.09$4,739
May 201721,57145.373.26$5,218
Apr 201701,30647.933.21$4,194
Mar 201701,53846.772.98$4,589
Feb 201721,09050.452.95$3,319
Jan 201701,42749.413.42$4,879
Dec 201641,46048.763.72$5,630
Nov 201611,58842.492.64$4,242
Oct 201631,56246.193.09$4,966
Sep 201631,80641.553.10$5,724
Aug 201621,32241.442.92$3,949
Jul 201641,31141.622.92$4,000
Jun 20161221,58545.352.69$9,790
May 201601,56642.521.99$3,118
Apr 201601,54836.561.99$3,082
Mar 201651,70033.011.79$3,215
Feb 201601,55526.472.06$3,209
Jan 201601,68427.352.36$3,982
Dec 2015046332.362.00$927
Nov 201501,33438.792.17$2,891
Oct 201521,71843.552.43$4,256
Sep 201561,74742.992.76$5,077
Aug 201501,73640.162.87$4,987
Jul 201501,78048.152.95$5,242
Jun 201501,77656.152.88$5,120
May 201521,91655.212.96$5,773
Apr 201551,84749.822.71$5,248
Mar 201531,93542.892.93$5,807
Feb 201551,75444.662.98$5,444
Jan 201501,91743.433.10$5,944
Dec 201401,94154.693.59$6,971
Nov 201401,80970.464.25$7,692
Oct 201412,08178.303.90$8,196
Sep 201401,67286.164.05$6,764
Aug 201421,97589.394.04$8,148
Jul 201401,87496.564.18$7,833
Jun 201421,91098.164.74$9,244
May 201422,10494.734.73$10,134
Apr 201401,99495.944.81$9,589
Mar 201401,95595.895.06$9,886
Feb 201401,81797.406.19$11,251
Jan 201402,12190.404.86$10,310
Dec 201302,19091.824.35$9,536
Nov 201301,87888.853.74$7,020
Oct 20131892,12297.423.78$26,432
Sep 201302,121104.113.72$7,885
Aug 201302,233104.253.52$7,866
Jul 201302,052102.523.72$7,629
Jun 201302,14894.403.93$8,449
May 201302,33194.834.15$9,672
Apr 201302,33293.964.28$9,987
Mar 20131772,49893.623.91$26,345
Feb 201302,21491.233.42$7,572
Jan 201322,22591.603.42$7,793
Dec 201212,52186.773.42$8,709
Nov 20121892,61586.953.62$25,913
Oct 201282,53789.383.40$9,340
Sep 201222,63494.672.92$7,876
Aug 201202,69192.662.91$7,826
Jul 201242,51385.133.02$7,932
Jun 201227379.822.52$344
May 201211,73191.612.49$4,399
Apr 201212,726101.652.00$5,545
Mar 201222,839105.052.22$6,519
Feb 201212,716101.102.57$7,082
Jan 201252,66198.092.73$7,766
Dec 201142,17196.873.24$7,421
Nov 201192,31495.723.31$8,524
Oct 2011112,19284.983.65$8,932
Sep 2011132,75783.623.99$12,076
Aug 201152,75083.404.15$11,828
Jul 2011122,91394.144.52$14,288
Jun 2011122,79792.904.64$14,093
May 2011102,87598.134.40$13,645
Apr 201102,932105.964.33$12,705
Mar 2011103,25696.364.06$14,174
Feb 20112132,91785.644.18$30,434
Jan 2011103,40186.504.59$16,471
Dec 201083,48685.734.35$15,842
Nov 201013,31680.843.80$12,666
Oct 201003,15678.103.51$11,074
Sep 201003,57272.633.98$14,215
Aug 201013,41273.684.42$15,153
Jul 201003,27472.554.74$15,507
Jun 201013,47170.364.91$17,114
May 201014,05171.124.24$17,228
Apr 201004,22981.694.12$17,435
Mar 201014,54978.394.39$20,042
Feb 201024,32273.585.44$23,669
Jan 201024,52074.365.96$27,106
Dec 200914,55671.445.48$25,055
Nov 20091944,54074.593.75$31,502
Oct 200934,66572.544.11$19,392
Sep 200965,13865.543.06$16,140
Aug 200915,42767.423.22$17,534
Jul 200903,24161.133.46$11,228
Jun 200905,44766.163.90$21,216
May 20091435,96354.743.93$31,237
Apr 200905,49346.773.59$19,706
Mar 200904,32142.144.06$17,539
Feb 200905,43932.814.63$25,199
Jan 20091966,31435.865.37$40,941
Dec 200806,61737.105.98$39,551
Nov 2008297,78955.496.86$55,045
Oct 2008595,73875.246.92$44,157
Sep 2008505,080101.767.88$45,104
Aug 2008407,703114.228.48$69,914
Jul 2008716,935131.0811.39$88,292
Jun 2008477,823131.3313.03$108,127
May 2008516,268123.1711.57$78,829
Apr 2008998,123110.3110.45$95,846
Mar 20081439,159101.909.66$103,085
Feb 200826110,85892.538.77$119,381
Jan 200817011,64790.388.21$110,937
Dec 200719212,02388.337.30$104,751
Nov 200716416,83391.677.29$137,775
Oct 200723215,92682.856.92$129,461
Sep 200725119,70375.846.24$142,065
Aug 200738422,95069.066.39$173,122
Jul 200780355,41270.906.39$410,901
Jun 200733320,11462.007.55$172,476

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                1,049 Mcf  × $  3.05 =     $3,195

────────────────────────────────────────────────────
Month total                                   $3,195

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/228597 is the state's own key, not one this site invented.