USA

Operated by MERIT ENERGY COMPANY (P-5 561136) in the BOB WEST (L-24, 25, 26) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 228707District 04Field 100412502 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.4 M
Feb 2007 – May 2026
Value, last 12 filed months
$103 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 67 leases and 67 wells, and the rule below applies to all of them.

Discovered
1991-02-21
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-04-24.

The Commission's schedule remark for this field reads: 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 Gas112008-08-18184315
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
CondensateDisposition36 bbl$2,102
GasProduction2,485,511 Mcf$13,376,367
Total$13,378,469

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 26.5776, -99.1421. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.57761, -99.14212 · 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
13,400 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 13,400 ft.

Completions filed
Oct 2007
1 of 1 wells

1 well

42-42733937201513,400 ftOct 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 202601,302106.413.05$3,966
Apr 202605,43798.932.87$15,603
Mar 202602,97489.753.15$9,366
Feb 202602,60363.503.75$9,762
Jan 202602,39559.138.00$19,155
Dec 202502,54256.664.41$11,219
Nov 202502,05458.593.93$8,065
Oct 202502,29259.383.30$7,575
Sep 202501,50862.743.08$4,640
Aug 202501,34563.933.01$4,055
Jul 202501,37966.743.32$4,572
Jun 202501,47266.483.13$4,605
May 202501,61460.553.23$5,217
Apr 202502,16962.363.54$7,685
Mar 202502,27467.704.27$9,706
Feb 202502,54070.884.34$11,026
Jan 202502,90174.324.28$12,412
Dec 202402,98468.993.12$9,314
Nov 202403,05669.052.20$6,718
Oct 202402,93271.372.28$6,689
Sep 202402,93869.612.36$6,946
Aug 202403,08475.632.06$6,364
Jul 202403,11679.932.15$6,689
Jun 202403,12278.082.63$8,223
May 202403,20878.812.20$7,053
Apr 202402,99284.451.66$4,964
Mar 202402,28180.301.55$3,524
Feb 202402,98276.091.78$5,319
Jan 202403,92373.023.30$12,937
Dec 202305,72071.262.61$14,933
Nov 202304,80977.892.81$13,502
Oct 202305,67085.443.09$17,505
Sep 202305,31289.042.74$14,529
Aug 202305,06980.522.67$13,549
Jul 202305,69474.852.64$15,042
Jun 202304,81768.962.26$10,879
May 202303,85570.622.23$8,587
Apr 202304,20678.122.24$9,412
Mar 202304,03872.852.39$9,664
Feb 202303,55975.112.47$8,775
Jan 202303,45776.533.39$11,711
Dec 202204,22976.415.73$24,228
Nov 202204,08285.005.65$23,048
Oct 202204,00187.185.86$23,461
Sep 202204,23984.888.16$34,606
Aug 202203,41494.529.13$31,160
Jul 202203,037101.587.54$22,905
Jun 202202,191115.097.98$17,478
May 202203,850109.378.43$32,467
Apr 202204,278104.226.84$29,251
Mar 202204,843108.885.08$24,585
Feb 202204,10991.054.86$19,965
Jan 202204,98681.844.54$22,625
Dec 202105,23871.323.90$20,424
Nov 202105,15777.435.24$27,006
Oct 202104,38479.795.71$25,050
Sep 202104,35469.865.35$23,298
Aug 202104,91466.024.22$20,740
Jul 202105,29770.783.98$21,093
Jun 202104,66269.493.38$15,760
May 202104,91563.483.02$14,832
Apr 202104,52860.362.76$12,490
Mar 202104,10361.302.72$11,148
Feb 202103,39657.805.55$18,841
Jan 202104,86250.412.81$13,664
Dec 202005,45344.642.68$14,589
Nov 202005,36938.772.71$14,532
Oct 202005,62836.972.48$13,949
Sep 202004,80837.091.99$9,573
Aug 202004,61139.982.39$10,998
Jul 202004,19238.371.83$7,651
Jun 202003,01834.901.69$5,101
May 202003,36216.921.81$6,101
Apr 202003,21614.751.80$5,803
Mar 202003,67930.341.86$6,829
Feb 202004,00049.881.98$7,923
Jan 202004,49057.252.09$9,405
Dec 201904,60759.012.30$10,616
Nov 201904,13455.302.75$11,371
Oct 201903,91153.472.42$9,459
Sep 201904,91255.052.66$13,053
Aug 201904,06253.112.30$9,360
Jul 201904,15356.272.46$10,217
Jun 201903,92252.782.49$9,770
May 201904,50258.482.74$12,337
Apr 201903,92762.632.75$10,802
Mar 201902,79456.803.06$8,556
Feb 201902,30350.852.79$6,430
Jan 201901,30646.033.23$4,216
Dec 201801,69746.594.19$7,103
Nov 201851,68452.934.24$7,400
Oct 2018067961.443.40$2,307
Sep 2018062359.543.11$1,936
Aug 2018062559.403.07$1,917
Jul 2018056965.142.93$1,668
Jun 2018069460.183.08$2,135
May 201801,54765.382.90$4,488
Apr 201801,72963.842.90$5,015
Mar 201801,77661.222.79$4,949
Feb 201801,58261.782.77$4,376
Jan 201801,59862.874.01$6,407
Dec 201701,62857.272.92$4,756
Nov 201701,53855.423.12$4,796
Oct 201701,21349.292.98$3,619
Sep 2017056247.523.09$1,735
Aug 2017048545.373.00$1,457
Jul 2017065843.873.09$2,031
Jun 2017044442.493.09$1,371
May 2017057545.373.26$1,876
Apr 2017058547.933.21$1,879
Mar 201711,25646.772.98$3,794
Feb 201701,32450.452.95$3,909
Jan 201701,19749.413.42$4,092
Dec 2016098848.763.72$3,678
Nov 201601,25042.492.64$3,305
Oct 201601,59246.193.09$4,920
Sep 201601,89241.553.10$5,866
Aug 201601,68241.442.92$4,919
Jul 2016084541.622.92$2,471
Jun 2016079645.352.69$2,138
May 2016095242.521.99$1,895
Apr 2016077236.561.99$1,537
Mar 2016097133.011.79$1,742
Feb 2016082226.472.06$1,696
Jan 2016069227.352.36$1,636
Dec 2015081032.362.00$1,621
Nov 2015086638.792.17$1,877
Oct 2015070743.552.43$1,716
Sep 2015071442.992.76$1,970
Aug 2015072840.162.87$2,091
Jul 2015063048.152.95$1,855
Jun 2015066956.152.88$1,929
May 2015062955.212.96$1,859
Apr 2015060649.822.71$1,640
Mar 2015053142.892.93$1,558
Feb 2015040544.662.98$1,205
Jan 2015044743.433.10$1,386
Dec 2014034654.693.59$1,243
Nov 2014042370.464.25$1,799
Oct 2014031678.303.90$1,233
Sep 2014049886.164.05$2,015
Aug 2014084589.394.04$3,410
Jul 2014048496.564.18$2,023
Jun 2014010,25598.164.74$48,577
May 2014015,05294.734.73$71,144
Apr 2014014,27495.944.81$68,645
Mar 2014015,34195.895.06$77,576
Feb 201404,62597.406.19$28,638
Jan 201404,06590.404.86$19,759
Dec 2013013,48991.824.35$58,738
Nov 2013014,73088.853.74$55,065
Oct 2013015,36597.423.78$58,070
Sep 2013014,699104.113.72$54,647
Aug 2013015,303104.253.52$53,907
Jul 2013016,263102.523.72$60,462
Jun 2013016,14994.403.93$63,521
May 2013017,14694.834.15$71,140
Apr 2013015,46893.964.28$66,243
Mar 2013016,26893.623.91$63,655
Feb 2013014,67591.233.42$50,187
Jan 2013016,33491.603.42$55,861
Dec 2012016,10586.773.42$55,082
Nov 2012015,82186.953.62$57,350
Oct 2012016,37489.383.40$55,666
Sep 2012015,82594.672.92$46,184
Aug 2012016,66292.662.91$48,456
Jul 2012017,07885.133.02$51,589
Jun 2012016,91679.822.52$42,612
May 201209,00791.612.49$22,412
Apr 201208,932101.652.00$17,835
Mar 201209,228105.052.22$20,505
Feb 2012217,241101.102.57$44,516
Jan 2012018,70498.092.73$51,138
Dec 2011019,05296.873.24$61,724
Nov 2011018,81895.723.31$62,312
Oct 2011019,50184.983.65$71,150
Sep 2011018,00183.623.99$71,748
Aug 2011018,41283.404.15$76,397
Jul 2011019,83994.144.52$89,618
Jun 2011018,81892.904.64$87,313
May 2011020,01298.134.40$88,149
Apr 2011019,579105.964.33$84,841
Mar 2011020,78596.364.06$84,332
Feb 2011017,97485.644.18$75,131
Jan 2011019,53086.504.59$89,619
Dec 2010019,80985.734.35$86,125
Nov 2010020,26080.843.80$76,893
Oct 2010021,58078.103.51$75,722
Sep 2010021,79372.633.98$86,725
Aug 2010016,16073.684.42$71,417
Jul 2010021,63172.554.74$102,455
Jun 2010041,89470.364.91$205,716
May 2010023,20371.124.24$98,270
Apr 2010022,82881.694.12$94,113
Mar 2010023,12578.394.39$101,488
Feb 2010022,36173.585.44$121,697
Jan 2010022,72874.365.96$135,552
Dec 2009017,19671.445.48$94,299
Nov 2009021,96474.593.75$82,398
Oct 2009022,95072.544.11$94,330
Sep 2009023,12065.543.06$70,857
Aug 2009024,97867.423.22$80,392
Jul 2009027,60861.133.46$95,648
Jun 2009025,76866.163.90$100,366
May 2009026,81654.743.93$105,273
Apr 2009025,59646.773.59$91,826
Mar 2009027,71242.144.06$112,483
Feb 2009026,52832.814.63$122,904
Jan 2009026,96035.865.37$144,802
Dec 2008028,04637.105.98$167,635
Nov 2008029,91455.496.86$205,221
Oct 2008032,41075.246.92$224,341
Sep 2008030,326101.767.88$238,881
Aug 2008032,652114.228.48$276,988
Jul 2008035,936131.0811.39$409,291
Jun 2008034,124131.3313.03$444,725
May 2008035,158123.1711.57$406,929
Apr 2008034,786110.3110.45$363,683
Mar 2008035,668101.909.66$344,698
Feb 2008036,66892.538.77$321,600
Jan 2008040,12890.388.21$329,280
Dec 2007042,43288.337.30$309,837
Nov 2007039,70091.677.29$289,480
Oct 2007019,83382.856.92$137,284
Sep 2007028,79075.846.24$179,769
Aug 2007035,35469.066.39$225,839
Jul 2007034,95970.906.39$223,316
Jun 2007034,31162.007.55$258,995
May 2007090,61558.747.85$710,991
Apr 20070113,00159.617.81$881,995
Mar 20072526,26956.927.30$193,238
Feb 2007391955.108.22$7,716

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                1,302 Mcf  × $  3.05 =     $3,966

────────────────────────────────────────────────────
Month total                                   $3,966

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/228707 is the state's own key, not one this site invented.