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 228951District 04Field 100412502 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.6 M
May 2007 – May 2026
Value, last 12 filed months
$283 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 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 Gas112008-08-18184254
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
CondensateDisposition11 bbl$586
GasProduction2,395,475 Mcf$11,594,166
Total$11,594,752

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 26.5729, -99.1429. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.57289, -99.14287 · 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
12,568 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 12,568 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-42733936101312,568 ftNov 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 202609,576106.413.05$29,167
Apr 202609,89998.932.87$28,407
Mar 2026012,63889.753.15$39,803
Feb 202604,59163.503.75$17,218
Jan 202605,29459.138.00$42,341
Dec 202505,59456.664.41$24,688
Nov 202505,18358.593.93$20,351
Oct 202505,31059.383.30$17,549
Sep 202504,81462.743.08$14,812
Aug 202505,05163.933.01$15,228
Jul 202505,02966.743.32$16,672
Jun 202505,34166.483.13$16,710
May 202505,18760.553.23$16,766
Apr 202504,97362.363.54$17,620
Mar 202505,02067.704.27$21,427
Feb 202504,66770.884.34$20,259
Jan 202505,05274.324.28$21,616
Dec 202405,02068.993.12$15,669
Nov 202405,28469.052.20$11,617
Oct 202404,57171.372.28$10,428
Sep 202404,92669.612.36$11,647
Aug 202405,73875.632.06$11,841
Jul 202405,30279.932.15$11,381
Jun 202404,80978.082.63$12,667
May 202403,86778.812.20$8,501
Apr 202403,95684.451.66$6,564
Mar 202403,79480.301.55$5,862
Feb 202403,64476.091.78$6,500
Jan 202403,73173.023.30$12,304
Dec 202303,60371.262.61$9,406
Nov 202303,55477.892.81$9,978
Oct 202303,79385.443.09$11,710
Sep 202304,12189.042.74$11,271
Aug 202303,96980.522.67$10,609
Jul 202303,54274.852.64$9,357
Jun 202303,89368.962.26$8,792
May 202303,25570.622.23$7,250
Apr 202303,55678.122.24$7,957
Mar 202303,68472.852.39$8,816
Feb 202303,54275.112.47$8,733
Jan 202303,62576.533.39$12,280
Dec 202203,50476.415.73$20,075
Nov 202203,57485.005.65$20,180
Oct 202203,89587.185.86$22,839
Sep 202203,67184.888.16$29,969
Aug 202203,70894.529.13$33,844
Jul 202204,118101.587.54$31,058
Jun 202202,707115.097.98$21,594
May 202203,405109.378.43$28,715
Apr 202203,248104.226.84$22,209
Mar 202203,474108.885.08$17,635
Feb 202203,29491.054.86$16,005
Jan 202203,63281.844.54$16,481
Dec 202103,73971.323.90$14,579
Nov 202103,85277.435.24$20,172
Oct 202103,82479.795.71$21,850
Sep 202103,97369.865.35$21,259
Aug 202103,85566.024.22$16,270
Jul 202103,90670.783.98$15,554
Jun 202103,89269.493.38$13,157
May 202104,13063.483.02$12,463
Apr 202103,80260.362.76$10,488
Mar 202103,90761.302.72$10,615
Feb 202103,93257.805.55$21,815
Jan 202104,18050.412.81$11,747
Dec 202004,18944.642.68$11,208
Nov 202004,00638.772.71$10,843
Oct 202004,03336.972.48$9,996
Sep 202003,55437.091.99$7,076
Aug 202004,24539.982.39$10,125
Jul 202004,03538.371.83$7,364
Jun 202004,09034.901.69$6,913
May 202004,47116.921.81$8,114
Apr 202004,05414.751.80$7,315
Mar 202004,45130.341.86$8,262
Feb 202003,87249.881.98$7,669
Jan 202004,12157.252.09$8,632
Dec 201904,24659.012.30$9,784
Nov 201903,95055.302.75$10,865
Oct 201904,04053.472.42$9,771
Sep 201903,78655.052.66$10,060
Aug 201904,54153.112.30$10,464
Jul 201904,18356.272.46$10,290
Jun 201903,84452.782.49$9,576
May 201904,11558.482.74$11,276
Apr 201904,23362.632.75$11,644
Mar 201904,38756.803.06$13,433
Feb 201903,32850.852.79$9,293
Jan 201903,56946.033.23$11,521
Dec 201803,53146.594.19$14,779
Nov 201852,93052.934.24$12,680
Oct 201803,62161.443.40$12,304
Sep 201804,06059.543.11$12,618
Aug 201804,51359.403.07$13,839
Jul 201804,51665.142.93$13,240
Jun 201804,21860.183.08$12,978
May 201804,39665.382.90$12,752
Apr 201805,04863.842.90$14,643
Mar 201805,11661.222.79$14,257
Feb 201805,09661.782.77$14,096
Jan 201804,91562.874.01$19,706
Dec 201704,63157.272.92$13,530
Nov 201705,10455.423.12$15,916
Oct 201705,27649.292.98$15,742
Sep 201705,02147.523.09$15,501
Aug 201705,24345.373.00$15,752
Jul 201704,81243.873.09$14,856
Jun 201705,00342.493.09$15,446
May 201705,23245.373.26$17,074
Apr 201705,10147.933.21$16,382
Mar 201735,21046.772.98$15,685
Feb 201704,83050.452.95$14,261
Jan 201705,11649.413.42$17,491
Dec 201605,21948.763.72$19,429
Nov 201605,19442.492.64$13,735
Oct 201605,11446.193.09$15,804
Sep 201605,07241.553.10$15,726
Aug 201604,91841.442.92$14,382
Jul 201605,19841.622.92$15,201
Jun 201604,91645.352.69$13,204
May 201604,82742.521.99$9,611
Apr 201605,26636.561.99$10,485
Mar 201606,14133.011.79$11,017
Feb 201605,36426.472.06$11,069
Jan 201605,94427.352.36$14,054
Dec 201505,86532.362.00$11,738
Nov 201505,08038.792.17$11,010
Oct 201505,28443.552.43$12,822
Sep 201504,85442.992.76$13,389
Aug 201525,39940.162.87$15,589
Jul 201504,72548.152.95$13,916
Jun 201504,77256.152.88$13,757
May 201504,84955.212.96$14,331
Apr 201504,82849.822.71$13,067
Mar 201504,33942.892.93$12,734
Feb 201504,41144.662.98$13,128
Jan 201505,62143.433.10$17,429
Dec 201406,77154.693.59$24,317
Nov 201407,63670.464.25$32,467
Oct 2014012,79378.303.90$49,905
Sep 2014012,85086.164.05$51,984
Aug 2014012,24089.394.04$49,390
Jul 2014012,32896.564.18$51,526
Jun 2014012,27098.164.74$58,122
May 2014012,68394.734.73$59,947
Apr 2014011,55395.944.81$55,560
Mar 2014012,64595.895.06$63,943
Feb 2014011,36597.406.19$70,372
Jan 2014013,89690.404.86$67,545
Dec 201309,89291.824.35$43,075
Nov 2013012,73488.853.74$47,603
Oct 2013012,98297.423.78$49,064
Sep 2013011,644104.113.72$43,289
Aug 2013013,680104.253.52$48,189
Jul 2013014,482102.523.72$53,840
Jun 2013011,75594.403.93$46,237
May 2013014,04794.834.15$58,282
Apr 201309,01193.964.28$38,590
Mar 2013012,82293.623.91$50,171
Feb 2013012,23291.233.42$41,832
Jan 2013013,70491.603.42$46,866
Dec 2012013,43386.773.42$45,943
Nov 2012013,48286.953.62$48,872
Oct 2012013,55089.383.40$46,066
Sep 2012013,69394.672.92$39,962
Aug 2012013,15492.662.91$38,254
Jul 2012013,89485.133.02$41,971
Jun 2012013,48579.822.52$33,969
May 2012015,03891.612.49$37,419
Apr 2012015,275101.652.00$30,501
Mar 2012015,656105.052.22$34,789
Feb 2012115,136101.102.57$39,004
Jan 2012016,45798.092.73$44,995
Dec 2011015,94096.873.24$51,641
Nov 2011016,17595.723.31$53,560
Oct 2011016,64384.983.65$60,723
Sep 2011015,98083.623.99$63,693
Aug 2011016,45283.404.15$68,265
Jul 2011016,73794.144.52$75,605
Jun 2011016,42092.904.64$76,187
May 2011017,26598.134.40$76,049
Apr 2011016,685105.964.33$72,301
Mar 2011017,64396.364.06$71,584
Feb 2011015,89185.644.18$66,424
Jan 2011017,83886.504.59$81,855
Dec 2010018,34085.734.35$79,738
Nov 2010018,83680.843.80$71,489
Oct 2010019,33678.103.51$67,848
Sep 2010019,43172.633.98$77,325
Aug 2010015,21273.684.42$67,227
Jul 2010019,73472.554.74$93,470
Jun 2010038,79670.364.91$190,504
May 2010020,70071.124.24$87,669
Apr 2010020,14481.694.12$83,047
Mar 2010020,20378.394.39$88,664
Feb 2010018,42573.585.44$100,275
Jan 2010020,71674.365.96$123,552
Dec 2009021,39371.445.48$117,314
Nov 2009021,06974.593.75$79,040
Oct 2009021,79172.544.11$89,566
Sep 2009021,77165.543.06$66,723
Aug 2009022,71267.423.22$73,099
Jul 2009022,33661.133.46$77,383
Jun 2009021,76866.163.90$84,786
May 2009022,66254.743.93$88,965
Apr 2009021,99046.773.59$78,889
Mar 2009023,47642.144.06$95,289
Feb 2009022,18032.814.63$102,760
Jan 2009024,07035.865.37$129,280
Dec 2008025,05637.105.98$149,763
Nov 2008020,24655.496.86$138,895
Oct 2008027,75875.246.92$192,140
Sep 2008026,132101.767.88$205,844
Aug 2008022,482114.228.48$190,715
Jul 2008025,386131.0811.39$289,132
Jun 2008028,610131.3313.03$372,864
May 2008030,376123.1711.57$351,581
Apr 2008030,914110.3110.45$323,202
Mar 2008033,454101.909.66$323,302
Feb 2008032,72292.538.77$286,991
Jan 2008036,01890.388.21$295,554
Dec 2007035,86688.337.30$261,892
Nov 2007036,24091.677.29$264,251
Oct 2007028,76482.856.92$199,104
Sep 2007030,14475.846.24$188,224
Aug 2007037,66669.066.39$240,608
Jul 2007045,21770.906.39$288,843
Jun 2007041,09362.007.55$310,188
May 20070158.747.85$8

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                9,576 Mcf  × $  3.05 =    $29,167

────────────────────────────────────────────────────
Month total                                  $29,167

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/228951 is the state's own key, not one this site invented.