NCOC FEE UNIT

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

Gas lease lease 228712District 04Field 18296225NGPA filingCondensateGasSaveExport
Value, all time
$9.6 M
May 2007 – May 2026
Value, last 12 filed months
$121 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 264 leases and 264 wells, and the rule below applies to all of them.

Discovered
1999-06-29
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 40 acres. The field rule took effect on 2009-06-18.

The Commission's schedule remark for this field reads: SUSPENDED. OPERATORS ARE REQUIRED TO PERFORM ANNUAL G-10 TESTS.

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
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
CondensateDisposition3,373 bbl$264,244
GasProduction1,840,493 Mcf$9,311,623
Total$9,575,867

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 26.9686, -99.2957. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.96861, -99.29575 · 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
10,200 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 10,200 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-50535759410,200 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 (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 202602,817106.413.05$8,580
Apr 202602,80698.932.87$8,052
Mar 202602,99289.753.15$9,423
Feb 202602,34063.503.75$8,776
Jan 202602,75859.138.00$22,058
Dec 202502,65956.664.41$11,735
Nov 202502,44758.593.93$9,608
Oct 202502,67159.383.30$8,827
Sep 202502,65062.743.08$8,154
Aug 202502,52563.933.01$7,612
Jul 202502,79266.743.32$9,256
Jun 202502,71466.483.13$8,491
May 202502,57660.553.23$8,326
Apr 202502,64462.363.54$9,368
Mar 202502,94867.704.27$12,583
Feb 202502,59970.884.34$11,282
Jan 202502,70674.324.28$11,578
Dec 202402,72168.993.12$8,493
Nov 202402,71569.052.20$5,969
Oct 202402,94671.372.28$6,721
Sep 202402,23069.612.36$5,273
Aug 202401,96575.632.06$4,055
Jul 202402,38979.932.15$5,128
Jun 202402,56578.082.63$6,756
May 202402,48678.812.20$5,465
Apr 202402,69584.451.66$4,472
Mar 202402,93280.301.55$4,530
Feb 202402,97776.091.78$5,310
Jan 202403,19473.023.30$10,533
Dec 202303,18671.262.61$8,318
Nov 202303,03977.892.81$8,532
Oct 202302,96885.443.09$9,163
Sep 202303,09589.042.74$8,465
Aug 202303,35180.522.67$8,957
Jul 202303,51974.852.64$9,296
Jun 202303,45068.962.26$7,792
May 202303,52670.622.23$7,854
Apr 202303,44978.122.24$7,718
Mar 202303,25372.852.39$7,785
Feb 202302,94175.112.47$7,252
Jan 202303,15476.533.39$10,685
Dec 202203,25476.415.73$18,642
Nov 202203,28585.005.65$18,548
Oct 202203,55187.185.86$20,822
Sep 202203,30984.888.16$27,014
Aug 202203,65694.529.13$33,369
Jul 202203,605101.587.54$27,189
Jun 202203,407115.097.98$27,178
May 202203,610109.378.43$30,443
Apr 202203,506104.226.84$23,973
Mar 202203,515108.885.08$17,844
Feb 202203,19791.054.86$15,534
Jan 202203,84781.844.54$17,456
Dec 202103,69771.323.90$14,415
Nov 202103,45877.435.24$18,109
Oct 202103,87579.795.71$22,141
Sep 202103,80369.865.35$20,350
Aug 202103,95066.024.22$16,671
Jul 202103,93070.783.98$15,650
Jun 202103,84669.493.38$13,002
May 202104,01663.483.02$12,119
Apr 202103,81960.362.76$10,534
Mar 202104,20361.302.72$11,419
Feb 202103,94757.805.55$21,898
Jan 202104,40850.412.81$12,388
Dec 202005,13144.642.68$13,728
Nov 202004,54938.772.71$12,312
Oct 202003,34936.972.48$8,300
Sep 202004,55337.091.99$9,065
Aug 202004,67439.982.39$11,148
Jul 202004,96438.371.83$9,060
Jun 202004,72034.901.69$7,978
May 202004,96616.921.81$9,012
Apr 202004,70714.751.80$8,493
Mar 202004,99830.341.86$9,277
Feb 202003,85849.881.98$7,641
Jan 202004,26857.252.09$8,940
Dec 201904,47059.012.30$10,300
Nov 201904,45655.302.75$12,257
Oct 201904,44353.472.42$10,746
Sep 201904,00455.052.66$10,640
Aug 201904,12753.112.30$9,510
Jul 201904,32656.272.46$10,642
Jun 201904,66852.782.49$11,629
May 201903,98958.482.74$10,931
Apr 20191774,40162.632.75$23,191
Mar 201904,55356.803.06$13,942
Feb 201904,26050.852.79$11,895
Jan 201904,69646.033.23$15,160
Dec 201804,98146.594.19$20,848
Nov 201804,56652.934.24$19,347
Oct 201804,82161.443.40$16,382
Sep 201804,84359.543.11$15,052
Aug 201805,42059.403.07$16,621
Jul 201805,35665.142.93$15,703
Jun 201804,23460.183.08$13,028
May 201805,35665.382.90$15,537
Apr 201805,20263.842.90$15,090
Mar 201805,43361.222.79$15,141
Feb 201805,06261.782.77$14,002
Jan 201805,34562.874.01$21,430
Dec 201705,36557.272.92$15,674
Nov 201705,17655.423.12$16,141
Oct 201705,48649.292.98$16,368
Sep 201705,56947.523.09$17,193
Aug 201705,58445.373.00$16,777
Jul 201705,98343.873.09$18,471
Jun 201705,67042.493.09$17,505
May 201706,15945.373.26$20,099
Apr 201705,00747.933.21$16,080
Mar 201705,54846.772.98$16,553
Feb 201703,87550.452.95$11,441
Jan 20171744,99449.413.42$25,671
Dec 201604,79148.763.72$17,836
Nov 201604,53642.492.64$11,995
Oct 201605,36246.193.09$16,570
Sep 201604,96641.553.10$15,398
Aug 201605,06241.442.92$14,803
Jul 201604,03341.622.92$11,794
Jun 201605,64445.352.69$15,159
May 201606,04142.521.99$12,028
Apr 201605,90336.561.99$11,753
Mar 201606,43033.011.79$11,535
Feb 201606,04326.472.06$12,471
Jan 201605,50427.352.36$13,013
Dec 201505,93132.362.00$11,870
Nov 201505,97238.792.17$12,943
Oct 20151805,72043.552.43$21,719
Sep 201505,91042.992.76$16,302
Aug 201506,17340.162.87$17,732
Jul 201506,93548.152.95$20,424
Jun 201505,18256.152.88$14,939
May 201505,15355.212.96$15,229
Apr 201506,73149.822.71$18,218
Mar 201505,60042.892.93$16,434
Feb 201505,39544.662.98$16,057
Jan 20151835,66943.433.10$25,525
Dec 201407,12254.693.59$25,578
Nov 201407,33070.464.25$31,166
Oct 201408,18678.303.90$31,933
Sep 201407,15286.164.05$28,933
Aug 201405,94289.394.04$23,977
Jul 201405,39296.564.18$22,536
Jun 201405,03598.164.74$23,850
May 201405,54094.734.73$26,185
Apr 201405,38095.944.81$25,873
Mar 201406,12495.895.06$30,968
Feb 201406,00497.406.19$37,177
Jan 201407,68490.404.86$37,350
Dec 20131796,59191.824.35$45,136
Nov 201306,70188.853.74$25,050
Oct 201307,43897.423.78$28,111
Sep 201305,045104.113.72$18,756
Aug 201303,074104.253.52$10,829
Jul 201307,034102.523.72$26,151
Jun 201307,29794.403.93$28,702
May 20130094.834.15$0
Apr 201307,51393.964.28$32,175
Mar 201307,90893.623.91$30,943
Feb 201306,82391.233.42$23,334
Jan 201307,88891.603.42$26,976
Dec 201207,26686.773.42$24,851
Nov 201207,33186.953.62$26,575
Oct 201207,59289.383.40$25,810
Sep 201207,92894.672.92$23,137
Aug 201207,70592.662.91$22,407
Jul 201208,52085.133.02$25,737
Jun 201207,94379.822.52$20,009
May 201208,82991.612.49$21,969
Apr 201208,527101.652.00$17,027
Mar 201208,763105.052.22$19,472
Feb 201208,163101.102.57$20,981
Jan 20121648,90498.092.73$40,431
Dec 201108,36696.873.24$27,104
Nov 201108,65095.723.31$28,643
Oct 201108,81284.983.65$32,151
Sep 201108,03083.623.99$32,006
Aug 201109,23183.404.15$38,302
Jul 201109,99894.144.52$45,163
Jun 201109,88292.904.64$45,851
May 2011010,20498.134.40$44,947
Apr 2011010,023105.964.33$43,432
Mar 2011010,39096.364.06$42,156
Feb 201109,21985.644.18$38,535
Jan 2011010,99486.504.59$50,449
Dec 2010010,83685.734.35$47,112
Nov 201016410,91480.843.80$54,680
Oct 2010011,27978.103.51$39,577
Sep 2010011,38272.633.98$45,294
Aug 2010011,98773.684.42$52,975
Jul 2010012,56072.554.74$59,490
Jun 2010012,59770.364.91$61,856
May 2010012,43771.124.24$52,673
Apr 2010011,75381.694.12$48,454
Mar 2010012,05578.394.39$52,905
Feb 201018011,46973.585.44$75,663
Jan 2010012,18774.365.96$72,684
Dec 2009013,16671.445.48$72,199
Nov 2009013,31174.593.75$49,936
Oct 2009013,82272.544.11$56,812
Sep 2009013,58065.543.06$41,619
Aug 200917811,32067.423.22$48,434
Jul 2009012,92661.133.46$44,782
Jun 2009014,26666.163.90$55,566
May 2009015,00154.743.93$58,890
Apr 2009015,37046.773.59$55,140
Mar 2009016,27942.144.06$66,076
Feb 200918315,16732.814.63$76,273
Jan 2009017,36235.865.37$93,251
Dec 2008017,95237.105.98$107,302
Nov 200816517,70655.496.86$130,625
Oct 2008020,51875.246.92$142,025
Sep 200818120,425101.767.88$179,308
Aug 2008022,938114.228.48$194,584
Jul 2008022,816131.0811.39$259,861
Jun 200817923,638131.3313.03$331,573
May 2008025,858123.1711.57$299,288
Apr 200818127,496110.3110.45$307,433
Mar 2008034,717101.909.66$335,508
Feb 200818234,96492.538.77$323,495
Jan 200818340,41390.388.21$348,158
Dec 200717942,83988.337.30$328,620
Nov 200718146,15191.677.29$353,112
Oct 200718049,97382.856.92$360,825
Sep 2007053,09975.846.24$331,559
Aug 2007039,89369.066.39$254,834
Jul 2007043,06770.906.39$275,109
Jun 200708,27262.007.55$62,441
May 200701,32458.747.85$10,388

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                2,817 Mcf  × $  3.05 =     $8,580

────────────────────────────────────────────────────
Month total                                   $8,580

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/228712 is the state's own key, not one this site invented.