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 228927District 04Field 486308002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.1 M
Jun 2007 – May 2026
Value, last 12 filed months
$24 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 Gas222007-10-30 – 2008-09-252 dockets
NGPA2none

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
CondensateDisposition33,941 bbl$2,383,114
GasProduction1,324,860 Mcf$7,720,601
Total$10,103,715

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 26.7910, -98.3319. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.79097, -98.33194 · 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
11,310 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 11,310 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-0473228260611,310 ftNov 2008

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 20260269106.413.05$819
Apr 2026031098.932.87$890
Mar 2026020289.753.15$636
Feb 2026024063.503.75$900
Jan 2026026259.138.00$2,095
Dec 2025027656.664.41$1,218
Nov 2025027258.593.93$1,068
Oct 2025027759.383.30$915
Sep 2025025862.743.08$794
Aug 2025028563.933.01$859
Jul 2025027666.743.32$915
Jun 202517825366.483.13$12,625
May 2025024660.553.23$795
Apr 2025025362.363.54$896
Mar 2025026767.704.27$1,140
Feb 2025026270.884.34$1,137
Jan 2025027574.324.28$1,177
Dec 2024028268.993.12$880
Nov 2024027569.052.20$605
Oct 2024027371.372.28$623
Sep 2024023869.612.36$563
Aug 2024023275.632.06$479
Jul 2024024079.932.15$515
Jun 2024021178.082.63$556
May 2024024578.812.20$539
Apr 2024027284.451.66$451
Mar 202417929480.301.55$14,828
Feb 2024025076.091.78$446
Jan 2024027373.023.30$900
Dec 2023029271.262.61$762
Nov 2023024777.892.81$693
Oct 2023026885.443.09$827
Sep 2023014289.042.74$388
Aug 202309880.522.67$262
Jul 2023032374.852.64$853
Jun 2023022468.962.26$506
May 2023024570.622.23$546
Apr 2023021578.122.24$481
Mar 2023027372.852.39$653
Feb 2023021575.112.47$530
Jan 2023024576.533.39$830
Dec 2022033376.415.73$1,908
Nov 2022025285.005.65$1,423
Oct 2022034587.185.86$2,023
Sep 2022027584.888.16$2,245
Aug 2022028994.529.13$2,638
Jul 2022169254101.587.54$19,083
Jun 20220311115.097.98$2,481
May 20220292109.378.43$2,462
Apr 20220290104.226.84$1,983
Mar 20220286108.885.08$1,452
Feb 2022028691.054.86$1,390
Jan 2022030781.844.54$1,393
Dec 2021033371.323.90$1,298
Nov 2021028777.435.24$1,503
Oct 2021033779.795.71$1,926
Sep 2021030569.865.35$1,632
Aug 2021031866.024.22$1,342
Jul 2021036770.783.98$1,461
Jun 2021033869.493.38$1,143
May 2021034663.483.02$1,044
Apr 202113137360.362.76$8,936
Mar 2021036061.302.72$978
Feb 2021031957.805.55$1,770
Jan 2021037050.412.81$1,040
Dec 2020033744.642.68$902
Nov 2020047138.772.71$1,275
Oct 2020047636.972.48$1,180
Sep 202016644937.091.99$7,051
Aug 2020048039.982.39$1,145
Jul 2020038338.371.83$699
Jun 2020448434.901.69$958
May 2020047116.921.81$855
Apr 2020447514.751.80$916
Mar 2020547530.341.86$1,033
Feb 2020552849.881.98$1,295
Jan 2020345657.252.09$1,127
Dec 2019053159.012.30$1,224
Nov 201913553355.302.75$8,932
Oct 2019344953.472.42$1,246
Sep 2019057655.052.66$1,531
Aug 20191855153.112.30$2,226
Jul 20191253256.272.46$1,984
Jun 20191255752.782.49$2,021
May 20198462558.482.74$6,625
Apr 20191256762.632.75$2,311
Mar 20191358856.803.06$2,539
Feb 20192157950.852.79$2,685
Jan 20191862646.033.23$2,849
Dec 20181551446.594.19$2,850
Nov 20181764552.934.24$3,633
Oct 20181262461.443.40$2,858
Sep 20182760059.543.11$3,472
Aug 201818061759.403.07$12,584
Jul 20181270665.142.93$2,852
Jun 20181266460.183.08$2,765
May 20182669465.382.90$3,713
Apr 20181261263.842.90$2,541
Mar 20181782861.222.79$3,348
Feb 20181580261.782.77$3,145
Jan 20181173062.874.01$3,618
Dec 20179783957.272.92$8,006
Nov 2017088155.423.12$2,747
Oct 2017076049.292.98$2,268
Sep 2017570247.523.09$2,405
Aug 2017380945.373.00$2,567
Jul 2017276943.873.09$2,462
Jun 201719271042.493.09$10,350
May 2017873745.373.26$2,768
Apr 2017276247.933.21$2,543
Mar 2017377446.772.98$2,450
Feb 2017671150.452.95$2,402
Jan 201719579449.413.42$12,349
Dec 2016380148.763.72$3,128
Nov 2016178342.492.64$2,113
Oct 2016286046.193.09$2,750
Sep 201621,00641.553.10$3,202
Aug 2016385241.442.92$2,616
Jul 20161482341.622.92$2,989
Jun 2016284345.352.69$2,355
May 20168385242.521.99$5,226
Apr 2016079436.561.99$1,581
Mar 20161690433.011.79$2,150
Feb 2016095126.472.06$1,963
Jan 20161091,07127.352.36$5,513
Dec 201501,11032.362.00$2,222
Nov 201511,00638.792.17$2,219
Oct 201551,11943.552.43$2,933
Sep 2015201,02942.992.76$3,698
Aug 20151321,10040.162.87$8,461
Jul 201521,01848.152.95$3,094
Jun 201511,48856.152.88$4,346
May 20152441755.212.96$2,557
Apr 2015190249.822.71$2,491
Mar 2015250242.892.93$1,559
Feb 2015035144.662.98$1,045
Jan 201519644943.433.10$9,904
Dec 2014069854.693.59$2,507
Nov 2014070970.464.25$3,015
Oct 2014188878.303.90$3,542
Sep 2014069886.164.05$2,824
Aug 20147482189.394.04$9,928
Jul 2014573596.564.18$3,555
Jun 20145464698.164.74$8,361
May 20144569194.734.73$7,529
Apr 2014078795.944.81$3,785
Mar 2014083295.895.06$4,207
Feb 2014062197.406.19$3,845
Jan 201401,52290.404.86$7,398
Dec 2013082891.824.35$3,606
Nov 201313580888.853.74$15,015
Oct 20131811,46497.423.78$23,166
Sep 201301,342104.113.72$4,989
Aug 201301,621104.253.52$5,710
Jul 201301,707102.523.72$6,346
Jun 201302,11594.403.93$8,319
May 201302,95294.834.15$12,248
Apr 201302,09193.964.28$8,955
Mar 20131731,92993.623.91$23,744
Feb 201301,68791.233.42$5,769
Jan 20131941,41791.603.42$22,616
Dec 201201,35886.773.42$4,645
Nov 201201,48186.953.62$5,369
Oct 201201,50789.383.40$5,123
Sep 201201,60894.672.92$4,693
Aug 20121921,66092.662.91$22,618
Jul 201202,12885.133.02$6,428
Jun 201201,96579.822.52$4,950
May 201202,05791.612.49$5,118
Apr 201202,233101.652.00$4,459
Mar 201201,842105.052.22$4,093
Feb 201201,960101.102.57$5,038
Jan 20122113,02998.092.73$28,979
Dec 2011321,91696.873.24$9,307
Nov 2011602,70895.723.31$14,710
Oct 2011512,55084.983.65$13,638
Sep 2011823,23983.623.99$19,767
Aug 20112323,83483.404.15$35,257
Jul 2011744,04694.144.52$25,243
Jun 20112443,47392.904.64$38,782
May 20112394,80098.134.40$44,596
Apr 201105,364105.964.33$23,244
Mar 2011495,98596.364.06$29,005
Feb 20112985,38185.644.18$48,013
Jan 2011395,47986.504.59$28,515
Dec 2010030185.734.35$1,309
Nov 20102546,31180.843.80$44,486
Oct 2010928,42478.103.51$36,744
Sep 2010985,89072.633.98$30,557
Aug 2010953,50973.684.42$22,507
Jul 2010033172.554.74$1,568
Jun 20101822,28770.364.91$24,036
May 20101958,76271.124.24$50,977
Apr 20101949,02881.694.12$53,068
Mar 20101985,95578.394.39$41,656
Feb 201019711,79373.585.44$78,677
Jan 201019611,46274.365.96$82,935
Dec 200919513,63071.445.48$88,674
Nov 2009214,08674.593.75$52,993
Oct 200919515,00972.544.11$75,836
Sep 200939014,48865.543.06$69,963
Aug 200938,65767.423.22$28,065
Jul 20092109,50861.133.46$45,778
Jun 200938828,08866.163.90$135,073
May 200919935,26954.743.93$149,351
Apr 200944139,21946.773.59$161,324
Mar 200978250,54842.144.06$238,128
Feb 200982757,27632.814.63$292,494
Jan 20091,84788,79135.865.37$543,130
Dec 20082,226112,81437.105.98$756,890
Nov 200879145,58055.496.86$356,588
Oct 200852610,57475.246.92$112,769
Sep 20083418,955101.767.88$105,240
Aug 200839713,670114.228.48$161,308
Jul 200844411,698131.0811.39$191,433
Jun 200821812,507131.3313.03$191,629
May 200833413,343123.1711.57$195,575
Apr 200838715,718110.3110.45$207,019
Mar 200854418,220101.909.66$231,513
Feb 20081,05120,12792.538.77$273,774
Jan 200879923,90490.388.21$268,363
Dec 200789726,07688.337.30$269,638
Nov 200792740,77191.677.29$382,268
Oct 20071,15038,61782.856.92$362,584
Sep 20071,23945,10775.846.24$375,621
Aug 20072,12457,37869.066.39$513,211
Jul 20073,76192,11870.906.39$855,099
Jun 20073,28099,40762.007.55$953,729

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                  269 Mcf  × $  3.05 =       $819

────────────────────────────────────────────────────
Month total                                     $819

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/228927 is the state's own key, not one this site invented.