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 233649District 04Field 486308002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Oct 2007 – May 2026
Value, last 12 filed months
$214
at the published price for each month
Months reported
224
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 Gas112008-09-25185487
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
CondensateDisposition1,471 bbl$112,345
GasProduction258,937 Mcf$1,211,577
Total$1,323,922

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 26.7656, -98.3448. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.76558, -98.34482 · 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
11,400 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 11,400 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-4273415961111,400 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 (224)

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

224 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 202506259.383.30$205
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250166.743.32$3
Jun 20250266.483.13$6
May 20250260.553.23$6
Apr 202507462.363.54$262
Mar 2025014567.704.27$619
Feb 2025015170.884.34$655
Jan 2025015474.324.28$659
Dec 2024017468.993.12$543
Nov 2024016169.052.20$354
Oct 2024017671.372.28$402
Sep 2024016369.612.36$385
Aug 2024019075.632.06$392
Jul 2024016379.932.15$350
Jun 2024016378.082.63$429
May 2024018878.812.20$413
Apr 2024016284.451.66$269
Mar 2024016880.301.55$260
Feb 2024016576.091.78$294
Jan 2024014973.023.30$491
Dec 2023015871.262.61$412
Nov 2023014677.892.81$410
Oct 2023015785.443.09$485
Sep 2023019189.042.74$522
Aug 202304280.522.67$112
Jul 2023016074.852.64$423
Jun 2023015268.962.26$343
May 2023014970.622.23$332
Apr 2023015578.122.24$347
Mar 2023016672.852.39$397
Feb 2023015075.112.47$370
Jan 2023015276.533.39$515
Dec 2022048376.415.73$2,767
Nov 2022053685.005.65$3,026
Oct 2022078787.185.86$4,615
Sep 2022054584.888.16$4,449
Aug 2022058094.529.13$5,294
Jul 20220445101.587.54$3,356
Jun 20220372115.097.98$2,968
May 20220730109.378.43$6,156
Apr 20220431104.226.84$2,947
Mar 20220596108.885.08$3,026
Feb 2022062791.054.86$3,046
Jan 2022040181.844.54$1,820
Dec 2021057771.323.90$2,250
Nov 202101,03177.435.24$5,399
Oct 2021085179.795.71$4,863
Sep 2021076469.865.35$4,088
Aug 2021088966.024.22$3,752
Jul 2021085870.783.98$3,417
Jun 2021081769.493.38$2,762
May 2021095963.483.02$2,894
Apr 2021086960.362.76$2,397
Mar 20219472561.302.72$7,732
Feb 2021061657.805.55$3,418
Jan 2021085550.412.81$2,403
Dec 2020053644.642.68$1,434
Nov 2020096738.772.71$2,617
Oct 202001,03136.972.48$2,555
Sep 202001,05237.091.99$2,095
Aug 202001,01739.982.39$2,426
Jul 2020083538.371.83$1,524
Jun 202001,01634.901.69$1,717
May 202001,06716.921.81$1,936
Apr 202001,12914.751.80$2,037
Mar 202001,13630.341.86$2,109
Feb 202001,01549.881.98$2,010
Jan 202001,25957.252.09$2,637
Dec 201901,30259.012.30$3,000
Nov 20191051,42455.302.75$9,724
Oct 201901,29553.472.42$3,132
Sep 201901,13955.052.66$3,027
Aug 201911,36253.112.30$3,192
Jul 201921,51256.272.46$3,832
Jun 201921,53652.782.49$3,932
May 201921,56758.482.74$4,411
Apr 201921,33262.632.75$3,789
Mar 2019191256.803.06$2,849
Feb 2019291150.852.79$2,645
Jan 201931,10446.033.23$3,702
Dec 2018135946.594.19$1,549
Nov 2018357052.934.24$2,574
Oct 201824261.443.40$266
Sep 2018344959.543.11$1,574
Aug 2018160559.403.07$1,915
Jul 2018238365.142.93$1,253
Jun 2018251360.183.08$1,699
May 2018330865.382.90$1,090
Apr 201823363.842.90$223
Mar 201834261.222.79$301
Feb 20182361.782.77$132
Jan 20181262.874.01$71
Dec 2017246657.272.92$1,476
Nov 201701,22855.423.12$3,829
Oct 201701,17749.292.98$3,512
Sep 201751,27147.523.09$4,162
Aug 201731,30245.373.00$4,048
Jul 201731,13543.873.09$3,636
Jun 2017083442.493.09$2,575
May 201721,05245.373.26$3,524
Apr 201711,25947.933.21$4,091
Mar 201721,39646.772.98$4,259
Feb 201751,27050.452.95$4,002
Jan 201711,17649.413.42$4,070
Dec 201631,19348.763.72$4,588
Nov 201621,27142.492.64$3,446
Oct 201631,75846.193.09$5,571
Sep 201622,11441.553.10$6,638
Aug 201621,69041.442.92$5,025
Jul 201621,67841.622.92$4,990
Jun 201601,95145.352.69$5,240
May 201601,95842.521.99$3,898
Apr 201602,19836.561.99$4,376
Mar 201652,19533.011.79$4,103
Feb 201601,70026.472.06$3,508
Jan 201601,67327.352.36$3,956
Dec 201501,19532.362.00$2,392
Nov 201511,64738.792.17$3,608
Oct 2015691,92443.552.43$7,674
Sep 2015111,92742.992.76$5,788
Aug 201511,93040.162.87$5,584
Jul 201512,00948.152.95$5,965
Jun 201521,70956.152.88$5,039
May 201541,63355.212.96$5,047
Apr 201561,82749.822.71$5,244
Mar 201531,96742.892.93$5,901
Feb 201561,78344.662.98$5,575
Jan 201501,07343.433.10$3,327
Dec 201401,23354.693.59$4,428
Nov 201411,10370.464.25$4,760
Oct 201411,24278.303.90$4,923
Sep 201401,17386.164.05$4,745
Aug 201421,25889.394.04$5,255
Jul 201411,17196.564.18$4,991
Jun 201431,11398.164.74$5,567
May 201421,20494.734.73$5,880
Apr 201401,15695.944.81$5,559
Mar 201401,21995.895.06$6,164
Feb 201401,08397.406.19$6,706
Jan 201401,16490.404.86$5,658
Dec 201301,11291.824.35$4,842
Nov 201301,13488.853.74$4,239
Oct 201301,39897.423.78$5,284
Sep 201301,144104.113.72$4,253
Aug 201301,142104.253.52$4,023
Jul 201301,022102.523.72$3,800
Jun 201301,08694.403.93$4,272
May 201301,17494.834.15$4,871
Apr 2013099193.964.28$4,244
Mar 2013054393.623.91$2,125
Feb 2013058691.233.42$2,004
Jan 2013280091.603.42$2,919
Dec 2012172286.773.42$2,556
Nov 2012355986.953.62$2,287
Oct 2012866589.383.40$2,976
Sep 2012184194.672.92$2,549
Aug 201201,00292.662.91$2,914
Jul 2012687485.133.02$3,151
Jun 2012141,01879.822.52$3,682
May 2012272191.612.49$1,977
Apr 20120315101.652.00$629
Mar 201200105.052.22$0
Feb 20120206101.102.57$529
Jan 2012016298.092.73$443
Dec 2011087596.873.24$2,835
Nov 201139595.723.31$602
Oct 201106084.983.65$219
Sep 201106583.623.99$259
Aug 201117185083.404.15$17,788
Jul 201161,71694.144.52$8,316
Jun 201161,40692.904.64$7,081
May 201151,56798.134.40$7,393
Apr 201101,429105.964.33$6,192
Mar 201161,64596.364.06$7,252
Feb 201191,14185.644.18$5,540
Jan 201151,67986.504.59$8,137
Dec 201041,54085.734.35$7,038
Nov 201061,00180.843.80$4,284
Oct 201042,15578.103.51$7,874
Sep 201042,41372.633.98$9,893
Aug 201032,53573.684.42$11,424
Jul 201002,42072.554.74$11,462
Jun 201042,63670.364.91$13,225
May 201022,79771.124.24$11,988
Apr 201002,69281.694.12$11,098
Mar 201032,87978.394.39$12,870
Feb 201021,90873.585.44$10,531
Jan 201021,61474.365.96$9,775
Dec 2009121,51171.445.48$9,143
Nov 2009122,31174.593.75$9,565
Oct 2009182,09072.544.11$9,896
Sep 200971,19765.543.06$4,127
Aug 200921,22667.423.22$4,081
Jul 2009488261.133.46$3,300
Jun 200911,15766.163.90$4,573
May 200901,03654.743.93$4,067
Apr 200971,19446.773.59$4,611
Mar 20091771,27642.144.06$12,638
Feb 200921,67732.814.63$7,835
Jan 200922,19435.865.37$11,856
Dec 200822,21137.105.98$13,290
Nov 200811,92455.496.86$13,255
Oct 200811,41275.246.92$9,849
Sep 200811,746101.767.88$13,855
Aug 200812,775114.228.48$23,655
Jul 20081532,677131.0811.39$50,545
Jun 200802,559131.3313.03$33,351
May 200821,813123.1711.57$21,231
Apr 200802,083110.3110.45$21,777
Mar 200803,285101.909.66$31,746
Feb 200803,76992.538.77$33,056
Jan 20081926,67090.388.21$72,085
Dec 200719621,95388.337.30$177,613
Nov 200706,78691.677.29$49,481
Oct 20070082.856.92$0

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.

Oct 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.38 =         $0
Gas                   62 Mcf  × $  3.30 =       $205

────────────────────────────────────────────────────
Month total                                     $205

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/233649 is the state's own key, not one this site invented.