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 231957District 04Field 486308002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.0 M
Aug 2007 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
226
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 Gas112008-09-25185484
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
CondensateDisposition27,099 bbl$2,367,111
GasProduction927,732 Mcf$6,628,606
Total$8,995,716

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 26.7850, -98.3349. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.78497, -98.33486 · 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
11,350 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 11,350 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-0473229660911,350 ftApr 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 (226)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

226 months

May 20260581106.413.05$1,770
Apr 2026047398.932.87$1,357
Mar 2026052989.753.15$1,666
Feb 2026039463.503.75$1,478
Jan 2026038159.138.00$3,047
Dec 2025040156.664.41$1,770
Nov 2025036858.593.93$1,445
Oct 2025035059.383.30$1,157
Sep 2025045462.743.08$1,397
Aug 2025050063.933.01$1,507
Jul 2025048366.743.32$1,601
Jun 2025049866.483.13$1,558
May 2025054760.553.23$1,768
Apr 2025051962.363.54$1,839
Mar 2025051167.704.27$2,181
Feb 2025048770.884.34$2,114
Jan 2025058574.324.28$2,503
Dec 2024054368.993.12$1,695
Nov 2024060069.052.20$1,319
Oct 2024055471.372.28$1,264
Sep 2024060969.612.36$1,440
Aug 2024064275.632.06$1,325
Jul 2024064779.932.15$1,389
Jun 2024063178.082.63$1,662
May 2024063278.812.20$1,389
Apr 2024062084.451.66$1,029
Mar 2024071680.301.55$1,106
Feb 2024060176.091.78$1,072
Jan 2024058673.023.30$1,932
Dec 202314078971.262.61$12,036
Nov 2023069377.892.81$1,946
Oct 2023069185.443.09$2,133
Sep 2023066689.042.74$1,822
Aug 2023070980.522.67$1,895
Jul 2023066474.852.64$1,754
Jun 2023060368.962.26$1,362
May 2023060370.622.23$1,343
Apr 2023055278.122.24$1,235
Mar 2023046272.852.39$1,106
Feb 2023044975.112.47$1,107
Jan 202311659076.533.39$10,876
Dec 2022053976.415.73$3,088
Nov 2022052185.005.65$2,942
Oct 2022054887.185.86$3,213
Sep 2022050284.888.16$4,098
Aug 2022051394.529.13$4,682
Jul 20220350101.587.54$2,640
Jun 2022101525115.097.98$15,812
May 20220584109.378.43$4,925
Apr 20220596104.226.84$4,075
Mar 20220600108.885.08$3,046
Feb 2022055991.054.86$2,716
Jan 2022058281.844.54$2,641
Dec 202117074871.323.90$15,041
Nov 2021060777.435.24$3,179
Oct 2021057779.795.71$3,297
Sep 2021058269.865.35$3,114
Aug 2021054666.024.22$2,304
Jul 2021056970.783.98$2,266
Jun 2021058469.493.38$1,974
May 2021059463.483.02$1,793
Apr 20215157560.362.76$4,664
Mar 2021058361.302.72$1,584
Feb 2021049357.805.55$2,735
Jan 202117558850.412.81$10,474
Dec 2020059244.642.68$1,584
Nov 2020056138.772.71$1,518
Oct 2020059936.972.48$1,485
Sep 2020061137.091.99$1,217
Aug 2020059439.982.39$1,417
Jul 202018256238.371.83$8,009
Jun 2020061834.901.69$1,045
May 2020064416.921.81$1,169
Apr 2020066414.751.80$1,198
Mar 2020072830.341.86$1,351
Feb 2020057449.881.98$1,137
Jan 2020059057.252.09$1,236
Dec 2019058359.012.30$1,343
Nov 201911952755.302.75$8,030
Oct 2019157253.472.42$1,437
Sep 2019061255.052.66$1,626
Aug 2019062453.112.30$1,438
Jul 2019070756.272.46$1,739
Jun 2019065252.782.49$1,624
May 201912554858.482.74$8,812
Apr 2019054662.632.75$1,502
Mar 2019057056.803.06$1,745
Feb 2019051750.852.79$1,444
Jan 201919257946.033.23$10,707
Dec 2018052746.594.19$2,206
Nov 2018063152.934.24$2,674
Oct 2018068961.443.40$2,341
Sep 2018064659.543.11$2,008
Aug 2018064259.403.07$1,969
Jul 2018065665.142.93$1,923
Jun 2018059860.183.08$1,840
May 2018035765.382.90$1,036
Apr 2018053863.842.90$1,561
Mar 20185347361.222.79$4,563
Feb 2018042761.782.77$1,181
Jan 2018056262.874.01$2,253
Dec 2017052957.272.92$1,545
Nov 2017059055.423.12$1,840
Oct 2017060149.292.98$1,793
Sep 2017051147.523.09$1,578
Aug 2017472045.373.00$2,345
Jul 2017238043.873.09$1,261
Jun 2017055442.493.09$1,710
May 2017245445.373.26$1,572
Apr 2017056947.933.21$1,827
Mar 201714673046.772.98$9,007
Feb 2017253450.452.95$1,678
Jan 2017060649.413.42$2,072
Dec 2016461148.763.72$2,470
Nov 2016162942.492.64$1,706
Oct 2016374046.193.09$2,425
Sep 2016370141.553.10$2,298
Aug 2016262141.442.92$1,899
Jul 2016456341.622.92$1,813
Jun 2016153545.352.69$1,482
May 20165150442.521.99$3,172
Apr 2016057636.561.99$1,147
Mar 20168332833.011.79$3,328
Feb 2016028526.472.06$588
Jan 2016061827.352.36$1,461
Dec 2015063732.362.00$1,275
Nov 20156056838.792.17$3,558
Oct 20155671143.552.43$4,164
Sep 2015875542.992.76$2,427
Aug 20159974040.162.87$6,101
Jul 2015176548.152.95$2,301
Jun 2015075256.152.88$2,168
May 2015277155.212.96$2,389
Apr 201519468349.822.71$11,514
Mar 2015269042.892.93$2,111
Feb 2015360344.662.98$1,929
Jan 2015044043.433.10$1,364
Dec 2014067454.693.59$2,421
Nov 2014050270.464.25$2,134
Oct 2014161078.303.90$2,458
Sep 2014062986.164.05$2,545
Aug 2014268789.394.04$2,951
Jul 2014072796.564.18$3,039
Jun 2014265198.164.74$3,280
May 2014164594.734.73$3,143
Apr 2014065295.944.81$3,136
Mar 2014066195.895.06$3,343
Feb 2014044297.406.19$2,737
Jan 2014049190.404.86$2,387
Dec 2013075291.824.35$3,275
Nov 2013045988.853.74$1,716
Oct 2013052297.423.78$1,973
Sep 20130767104.113.72$2,852
Aug 20130896104.253.52$3,156
Jul 20130576102.523.72$2,141
Jun 2013067694.403.93$2,659
May 2013068794.834.15$2,850
Apr 2013063193.964.28$2,702
Mar 2013072993.623.91$2,852
Feb 2013078891.233.42$2,695
Jan 2013495991.603.42$3,646
Dec 2012180286.773.42$2,830
Nov 2012690286.953.62$3,791
Oct 20121587389.383.40$4,309
Sep 2012574494.672.92$2,645
Aug 2012044692.662.91$1,297
Jul 2012919685.133.02$1,358
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 2012013101.652.00$26
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 201102096.873.24$65
Nov 201101,66995.723.31$5,527
Oct 20110884.983.65$29
Sep 20110183.623.99$4
Aug 20110083.404.15$0
Jul 201102694.144.52$117
Jun 2011225392.904.64$1,360
May 201143498.134.40$542
Apr 20110791105.964.33$3,428
Mar 20111215096.364.06$1,765
Feb 20113591885.644.18$6,835
Jan 2011291086.504.59$2,554
Dec 20101461085.734.35$3,852
Nov 2010592480.843.80$4,861
Oct 2010707578.103.51$5,730
Sep 201025037172.633.98$19,634
Aug 20109377873.684.42$10,291
Jul 201001,00972.554.74$4,779
Jun 201014963370.364.91$13,592
May 20105278471.124.24$7,019
Apr 2010773781.694.12$3,610
Mar 201013850878.394.39$13,047
Feb 20105727,96873.585.44$85,452
Jan 201028612,51674.365.96$95,914
Dec 200963712,24771.445.48$112,667
Nov 200943610,12474.593.75$70,501
Oct 20091568972.544.11$3,920
Sep 20092379165.543.06$3,932
Aug 2009181,95067.423.22$7,490
Jul 20091011,22561.133.46$10,418
Jun 2009362,71566.163.90$12,957
May 200952,83654.743.93$11,407
Apr 20092394,49946.773.59$27,318
Mar 200925810,12642.144.06$51,974
Feb 200947518,83132.814.63$102,829
Jan 200932923,37135.865.37$137,324
Dec 2008738,83537.105.98$55,516
Nov 200808,23555.496.86$56,495
Oct 200802,87475.246.92$19,894
Sep 2008637,885101.767.88$68,522
Aug 200820455,288114.228.48$492,310
Jul 200835820,414131.0811.39$279,430
Jun 20081,64519,050131.3313.03$464,309
May 20082,02745,786123.1711.57$779,606
Apr 20081,34129,231110.3110.45$453,532
Mar 20081,28826,382101.909.66$386,205
Feb 20081,57837,84292.538.77$477,909
Jan 20081,18438,77790.388.21$425,204
Dec 20071,499101,93188.337.30$876,704
Nov 20072,17798,01791.677.29$914,276
Oct 20073,727114,94182.856.92$1,104,401
Sep 20072,76680,33775.846.24$711,411
Aug 200762113,71969.066.39$130,522

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                  581 Mcf  × $  3.05 =     $1,770

────────────────────────────────────────────────────
Month total                                   $1,770

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/231957 is the state's own key, not one this site invented.