TALBERT, MM ESTATE

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

Gas lease lease 229889District 04Field 435935002 tax incentive programmesGasSaveExport
Value, all time
$1.1 M
May 2007 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
229
no gaps in the span
Streams
1
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 122 leases and 122 wells, and the rule below applies to all of them.

Discovered
1976-08-26
as the register files it
Field class
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 80 acres. The field rule took effect on 1992-10-19.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA ADMINISTRATIVELY SUSPENDED EFFECTIVE 8/1/94.

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 Gas112009-10-15193573
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
GasProduction230,468 Mcf$1,137,583
Total$1,137,583

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 27.1635, -99.2549. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.16347, -99.25487 · 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
10,555 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 10,555 ft.

Completions filed
May 2007
1 of 1 wells

1 well

42-50535799310,555 ftMay 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 2026143106.413.05$436
Apr 20267598.932.87$215
Mar 202613089.753.15$409
Feb 202617963.503.75$671
Jan 202624659.138.00$1,967
Dec 202524156.664.41$1,064
Nov 202519758.593.93$774
Oct 202520159.383.30$664
Sep 202521662.743.08$665
Aug 202522063.933.01$663
Jul 202519366.743.32$640
Jun 202513966.483.13$435
May 202516660.553.23$537
Apr 202515762.363.54$556
Mar 202510567.704.27$448
Feb 20258670.884.34$373
Jan 20257074.324.28$300
Dec 20249568.993.12$297
Nov 20248969.052.20$196
Oct 202411471.372.28$260
Sep 20249969.612.36$234
Aug 202412975.632.06$266
Jul 202413379.932.15$286
Jun 202411778.082.63$308
May 202413578.812.20$297
Apr 202414184.451.66$234
Mar 202413580.301.55$209
Feb 202415976.091.78$284
Jan 202415673.023.30$514
Dec 202313771.262.61$358
Nov 202315877.892.81$444
Oct 202317285.443.09$531
Sep 20239489.042.74$257
Aug 202326580.522.67$708
Jul 202325174.852.64$663
Jun 202321168.962.26$477
May 202324670.622.23$548
Apr 202321778.122.24$486
Mar 202314272.852.39$340
Feb 202318175.112.47$446
Jan 202321576.533.39$728
Dec 202218076.415.73$1,031
Nov 202216685.005.65$937
Oct 202214787.185.86$862
Sep 202212284.888.16$996
Aug 202213994.529.13$1,269
Jul 2022142101.587.54$1,071
Jun 2022136115.097.98$1,085
May 2022139109.378.43$1,172
Apr 2022120104.226.84$821
Mar 2022134108.885.08$680
Feb 202214391.054.86$695
Jan 202211481.844.54$517
Dec 202111471.323.90$445
Nov 202116477.435.24$859
Oct 202120179.795.71$1,148
Sep 202122269.865.35$1,188
Aug 202113266.024.22$557
Jul 202110970.783.98$434
Jun 202111669.493.38$392
May 202115763.483.02$474
Apr 202120760.362.76$571
Mar 202119461.302.72$527
Feb 202111357.805.55$627
Jan 202114750.412.81$413
Dec 202015244.642.68$407
Nov 202016438.772.71$444
Oct 202025336.972.48$627
Sep 202031137.091.99$619
Aug 202033839.982.39$806
Jul 202047938.371.83$874
Jun 202047634.901.69$805
May 202044816.921.81$813
Apr 202036714.751.80$662
Mar 202054030.341.86$1,002
Feb 202056849.881.98$1,125
Jan 202066357.252.09$1,389
Dec 201968559.012.30$1,578
Nov 201947955.302.75$1,318
Oct 201963453.472.42$1,533
Sep 201945855.052.66$1,217
Aug 201947953.112.30$1,104
Jul 201945256.272.46$1,112
Jun 201946252.782.49$1,151
May 201931358.482.74$858
Apr 201968862.632.75$1,892
Mar 201935056.803.06$1,072
Feb 201948750.852.79$1,360
Jan 201981346.033.23$2,625
Dec 201862946.594.19$2,633
Nov 201884152.934.24$3,564
Oct 201891761.443.40$3,116
Sep 201873359.543.11$2,278
Aug 201869759.403.07$2,137
Jul 201899765.142.93$2,923
Jun 201898160.183.08$3,018
May 20181,09665.382.90$3,179
Apr 20181,03163.842.90$2,991
Mar 20181,17061.222.79$3,261
Feb 201873161.782.77$2,022
Jan 201884462.874.01$3,384
Dec 201785557.272.92$2,498
Nov 201780455.423.12$2,507
Oct 20171,13449.292.98$3,383
Sep 20171,11447.523.09$3,439
Aug 201791745.373.00$2,755
Jul 201775943.873.09$2,343
Jun 201784742.493.09$2,615
May 201787945.373.26$2,869
Apr 201775947.933.21$2,438
Mar 201796346.772.98$2,873
Feb 201774850.452.95$2,209
Jan 201784649.413.42$2,892
Dec 201688148.763.72$3,280
Nov 201675142.492.64$1,986
Oct 201651446.193.09$1,588
Sep 201658541.553.10$1,814
Aug 201663641.442.92$1,860
Jul 201634441.622.92$1,006
Jun 201675345.352.69$2,022
May 201673242.521.99$1,457
Apr 20161,00236.561.99$1,995
Mar 2016033.011.79$0
Feb 201620726.472.06$427
Jan 201657627.352.36$1,362
Dec 201568432.362.00$1,369
Nov 201580038.792.17$1,734
Oct 201581643.552.43$1,980
Sep 201595642.992.76$2,637
Aug 201567540.162.87$1,939
Jul 201560048.152.95$1,767
Jun 201575956.152.88$2,188
May 2015055.212.96$0
Apr 201570549.822.71$1,908
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 20151,06943.433.10$3,315
Dec 201484354.693.59$3,028
Nov 201472870.464.25$3,095
Oct 201469078.303.90$2,692
Sep 20147886.164.05$316
Aug 201456889.394.04$2,292
Jul 201448196.564.18$2,010
Jun 201479398.164.74$3,756
May 201460594.734.73$2,860
Apr 20141,53695.944.81$7,387
Mar 20141,19095.895.06$6,018
Feb 20141,00897.406.19$6,242
Jan 20141,13690.404.86$5,522
Dec 20131,27891.824.35$5,565
Nov 201398988.853.74$3,697
Oct 20131,01997.423.78$3,851
Sep 20131,127104.113.72$4,190
Aug 20131,374104.253.52$4,840
Jul 20131,421102.523.72$5,283
Jun 20131,34894.403.93$5,302
May 20131,58694.834.15$6,580
Apr 20131,03293.964.28$4,420
Mar 20131,01693.623.91$3,975
Feb 201370791.233.42$2,418
Jan 201372491.603.42$2,476
Dec 20121,01486.773.42$3,468
Nov 20121,14286.953.62$4,140
Oct 201286789.383.40$2,948
Sep 201272194.672.92$2,104
Aug 201251492.662.91$1,495
Jul 20121,31085.133.02$3,957
Jun 20121,97979.822.52$4,985
May 20121,57691.612.49$3,922
Apr 20121,365101.652.00$2,726
Mar 20121,624105.052.22$3,609
Feb 20121,271101.102.57$3,267
Jan 20121,46498.092.73$4,003
Dec 20111,10796.873.24$3,586
Nov 201190395.723.31$2,990
Oct 20111,43984.983.65$5,250
Sep 20111,54883.623.99$6,170
Aug 20111,78183.404.15$7,390
Jul 20111,78894.144.52$8,077
Jun 20111,57792.904.64$7,317
May 20111,48698.134.40$6,546
Apr 20111,655105.964.33$7,172
Mar 201196296.364.06$3,903
Feb 201180885.644.18$3,377
Jan 201198386.504.59$4,511
Dec 201087085.734.35$3,783
Nov 201072180.843.80$2,736
Oct 201077378.103.51$2,712
Sep 20101,06672.633.98$4,242
Aug 20101,79673.684.42$7,937
Jul 20101,77872.554.74$8,421
Jun 20101,82170.364.91$8,942
May 20101,94571.124.24$8,238
Apr 20101,82381.694.12$7,516
Mar 20101,93978.394.39$8,510
Feb 20102,14573.585.44$11,674
Jan 20103,12774.365.96$18,650
Dec 20092,95471.445.48$16,199
Nov 20092,32974.593.75$8,737
Oct 20092,57172.544.11$10,567
Sep 20092,51465.543.06$7,705
Aug 20092,95467.423.22$9,507
Jul 20092,19361.133.46$7,598
Jun 20091,46466.163.90$5,702
May 20092,72254.743.93$10,686
Apr 20092,92946.773.59$10,508
Mar 20093,20142.144.06$12,993
Feb 20092,77532.814.63$12,857
Jan 20094,05035.865.37$21,753
Dec 20083,51837.105.98$21,028
Nov 20083,70755.496.86$25,431
Oct 20083,82175.246.92$26,449
Sep 20083,819101.767.88$30,083
Aug 20083,384114.228.48$28,707
Jul 20082,766131.0811.39$31,503
Jun 20082,218131.3313.03$28,906
May 20081,556123.1711.57$18,010
Apr 20082,084110.3110.45$21,788
Mar 20082,538101.909.66$24,527
Feb 20082,68792.538.77$23,567
Jan 20082,31290.388.21$18,972
Dec 20072,32688.337.30$16,984
Nov 20072,14091.677.29$15,604
Oct 20072,52782.856.92$17,492
Sep 20072,72775.846.24$17,028
Aug 20073,79469.066.39$24,236
Jul 20074,52370.906.39$28,893
Jun 20075,60962.007.55$42,339
May 20079,28258.747.85$72,829

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
Gas                  143 Mcf  × $  3.05 =       $436

────────────────────────────────────────────────────
Month total                                     $436

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/229889 is the state's own key, not one this site invented.