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 233207District 04Field 486308002 tax incentive programmesCondensateGasSaveExport
Value, all time
$762 k
Nov 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
223
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 Gas112008-09-25185488
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
CondensateDisposition2,555 bbl$209,119
GasProduction103,004 Mcf$552,760
Total$761,880

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 26.8034, -98.3100. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.80341, -98.30999 · 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
11,800 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 11,800 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-0473231461211,800 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 (223)

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

223 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 202132257.805.55$1,861
Jan 2021016450.412.81$461
Dec 2020020544.642.68$548
Nov 202004438.772.71$119
Oct 2020012336.972.48$305
Sep 2020019537.091.99$388
Aug 2020026339.982.39$627
Jul 2020027538.371.83$502
Jun 2020094734.901.69$1,601
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 202007449.881.98$147
Jan 2020029357.252.09$614
Dec 2019029259.012.30$673
Nov 2019019055.302.75$523
Oct 2019043653.472.42$1,054
Sep 2019013855.052.66$367
Aug 201919553.112.30$272
Jul 2019118656.272.46$514
Jun 2019112252.782.49$357
May 2019127958.482.74$823
Apr 201917462.632.75$266
Mar 2019112856.803.06$449
Feb 201919650.852.79$319
Jan 2019123246.033.23$795
Dec 2018045846.594.19$1,917
Nov 2018118052.934.24$816
Oct 2018175461.443.40$2,624
Sep 20181159.543.11$63
Aug 201801,15559.403.07$3,542
Jul 201811,10465.142.93$3,302
Jun 201813260.183.08$159
May 20181165.382.90$68
Apr 20181163.842.90$67
Mar 20181361.222.79$70
Feb 20181161.782.77$65
Jan 201801962.874.01$76
Dec 20172157.272.92$117
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170243.873.09$6
Jun 201708142.493.09$250
May 201702645.373.26$85
Apr 20171434347.933.21$6,992
Mar 20170046.772.98$0
Feb 20170650.452.95$18
Jan 2017017749.413.42$605
Dec 2016321348.763.72$939
Nov 2016125742.492.64$722
Oct 2016225546.193.09$880
Sep 2016327241.553.10$968
Aug 2016223541.442.92$770
Jul 2016026341.622.92$769
Jun 2016118845.352.69$550
May 2016019042.521.99$378
Apr 2016122436.561.99$483
Mar 2016323133.011.79$513
Feb 2016017626.472.06$363
Jan 2016024727.352.36$584
Dec 2015026832.362.00$536
Nov 201511728238.792.17$5,150
Oct 2015124943.552.43$648
Sep 2015027342.992.76$753
Aug 2015027140.162.87$778
Jul 2015125548.152.95$799
Jun 2015026156.152.88$752
May 2015037455.212.96$1,105
Apr 2015030249.822.71$817
Mar 2015039842.892.93$1,168
Feb 2015527644.662.98$1,045
Jan 2015136543.433.10$1,175
Dec 2014030854.693.59$1,106
Nov 2014030470.464.25$1,293
Oct 2014036178.303.90$1,408
Sep 2014020386.164.05$821
Aug 2014110389.394.04$505
Jul 2014043396.564.18$1,810
Jun 2014245098.164.74$2,328
May 2014136594.734.73$1,820
Apr 2014025095.944.81$1,202
Mar 201419454395.895.06$21,349
Feb 2014039897.406.19$2,464
Jan 2014044690.404.86$2,168
Dec 2013045791.824.35$1,990
Nov 2013038588.853.74$1,439
Oct 2013047997.423.78$1,810
Sep 20130478104.113.72$1,777
Aug 20130502104.253.52$1,768
Jul 20130509102.523.72$1,892
Jun 2013051894.403.93$2,038
May 2013051994.834.15$2,153
Apr 2013040393.964.28$1,726
Mar 2013045793.623.91$1,788
Feb 2013040891.233.42$1,395
Jan 2013349091.603.42$1,951
Dec 2012054586.773.42$1,864
Nov 2012155286.953.62$2,088
Oct 2012757089.383.40$2,563
Sep 2012262194.672.92$2,002
Aug 2012162092.662.91$1,896
Jul 201218069185.133.02$17,411
Jun 2012358079.822.52$1,701
May 2012276491.612.49$2,084
Apr 20122754101.652.00$1,709
Mar 20122505105.052.22$1,332
Feb 20122668101.102.57$1,919
Jan 2012576298.092.73$2,574
Dec 2011380696.873.24$2,902
Nov 2011576095.723.31$2,995
Oct 2011283184.983.65$3,202
Sep 2011379983.623.99$3,436
Aug 2011193483.404.15$3,959
Jul 2011083894.144.52$3,785
Jun 2011453492.904.64$2,849
May 201118575698.134.40$21,484
Apr 20110849105.964.33$3,679
Mar 2011387696.364.06$3,843
Feb 201151,53485.644.18$6,840
Jan 2011383686.504.59$4,096
Dec 2010286085.734.35$3,911
Nov 2010381480.843.80$3,332
Oct 2010285078.103.51$3,139
Sep 201017799572.633.98$16,815
Aug 2010188873.684.42$3,998
Jul 201001,03372.554.74$4,893
Jun 201041,14170.364.91$5,884
May 201021,08471.124.24$4,733
Apr 201001,10681.694.12$4,560
Mar 201031,21278.394.39$5,554
Feb 2010298173.585.44$5,486
Jan 20101941,04074.365.96$20,628
Dec 200921,12671.445.48$6,318
Nov 200901,25474.593.75$4,704
Oct 200941,17772.544.11$5,128
Sep 200931,18365.543.06$3,822
Aug 200911,37167.423.22$4,480
Jul 200921,33361.133.46$4,740
Jun 200911,43166.163.90$5,640
May 200901,77854.743.93$6,980
Apr 200901,49946.773.59$5,378
Mar 20091621,48542.144.06$12,854
Feb 200901,35932.814.63$6,296
Jan 200901,53935.865.37$8,266
Dec 2008090437.105.98$5,403
Nov 200801,32155.496.86$9,063
Oct 20081891,44375.246.92$24,209
Sep 200811,743101.767.88$13,832
Aug 200812,183114.228.48$18,633
Jul 2008521,997131.0811.39$29,561
Jun 200802,131131.3313.03$27,773
May 20081972,225123.1711.57$50,017
Apr 200802,243110.3110.45$23,450
Mar 200803,035101.909.66$29,330
Feb 20082053,81492.538.77$52,420
Jan 200805,24190.388.21$43,006
Dec 20071892,78988.337.30$37,060
Nov 200719941991.677.29$21,298

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.

Feb 2021 — as filed, then multipliedworked
Condensate            32 bbl  × $ 57.80 =     $1,850
Gas                    2 Mcf  × $  5.55 =        $11

────────────────────────────────────────────────────
Month total                                   $1,861

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/233207 is the state's own key, not one this site invented.