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 238123District 04Field 486308002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.4 M
Apr 2008 – May 2026
Value, last 12 filed months
$61 k
at the published price for each month
Months reported
218
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 Gas112008-09-25185491
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
CondensateDisposition26,787 bbl$2,193,030
GasProduction1,652,199 Mcf$10,239,054
Total$12,432,084

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 26.7929, -98.3209. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.79294, -98.32095 · 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
11,170 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 11,170 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-0473232261511,170 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 (218)

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

218 months

May 202624305106.413.05$3,483
Apr 2026032198.932.87$921
Mar 20261232089.753.15$2,085
Feb 20261230563.503.75$1,906
Jan 20261227959.138.00$2,941
Dec 20252331856.664.41$2,707
Nov 202518249358.593.93$12,599
Oct 2025121,29359.383.30$4,986
Sep 202581,23862.743.08$4,311
Aug 2025121,25663.933.01$4,554
Jul 2025121,21466.743.32$4,826
Jun 20251891,14466.483.13$16,144
May 2025111,11960.553.23$4,283
Apr 2025121,04562.363.54$4,451
Mar 2025111,04467.704.27$5,201
Feb 20251237470.884.34$2,474
Jan 20252340774.324.28$3,451
Dec 20242480468.993.12$4,165
Nov 20241241469.052.20$1,739
Oct 20241250771.372.28$2,013
Sep 2024122,14469.612.36$5,905
Aug 2024122,17175.632.06$5,388
Jul 2024122,24679.932.15$5,780
Jun 20241992,08878.082.63$21,038
May 2024111,34978.812.20$3,833
Apr 2024121,86784.451.66$4,111
Mar 2024121,94680.301.55$3,970
Feb 2024231,66476.091.78$4,718
Jan 2024121,81173.023.30$6,848
Dec 20232001,79771.262.61$18,943
Nov 2023121,75077.892.81$5,848
Oct 2023351,87985.443.09$8,791
Sep 2023131,79789.042.74$6,072
Aug 2023251,98380.522.67$7,313
Jul 2023252,11574.852.64$7,459
Jun 2023231,67068.962.26$5,358
May 2023232,13670.622.23$6,382
Apr 2023132,10878.122.24$5,733
Mar 2023252,45672.852.39$7,699
Feb 2023121,99975.112.47$5,830
Jan 20231981,96776.533.39$21,817
Dec 2022501,94176.415.73$14,941
Nov 202201,35785.005.65$7,662
Oct 2022121,19687.185.86$8,059
Sep 2022241,89884.888.16$17,532
Aug 2022122,02894.529.13$19,644
Jul 2022252,077101.587.54$18,204
Jun 2022361,947115.097.98$19,675
May 202202,121109.378.43$17,886
Apr 20221941,952104.226.84$33,566
Mar 2022352,030108.885.08$14,116
Feb 2022131,88791.054.86$10,352
Jan 2022252,06181.844.54$11,398
Dec 20211275071.323.90$3,780
Nov 2021241,70677.435.24$10,792
Oct 2021252,16879.795.71$14,382
Sep 20211892,18969.865.35$24,917
Aug 2021232,17466.024.22$10,694
Jul 2021242,30670.783.98$10,881
Jun 2021122,24169.493.38$8,410
May 2021242,34163.483.02$8,588
Apr 20211592,20760.362.76$15,685
Mar 2021252,31961.302.72$7,833
Feb 2021242,05357.805.55$12,777
Jan 2021242,35650.412.81$7,831
Dec 20201882,34844.642.68$14,674
Nov 2020242,30338.772.71$7,164
Oct 2020232,44936.972.48$6,920
Sep 2020232,43937.091.99$5,709
Aug 20202162,23439.982.39$13,964
Jul 2020122,06638.371.83$4,231
Jun 2020402,48634.901.69$5,598
May 2020122,57116.921.81$4,869
Apr 2020262,45214.751.80$4,808
Mar 20201452,42630.341.86$8,903
Feb 2020412,55049.881.98$7,096
Jan 2020282,67457.252.09$7,204
Dec 2019121,64359.012.30$4,494
Nov 2019121,83755.302.75$5,717
Oct 20192012,49553.472.42$16,782
Sep 2019322,36355.052.66$8,041
Aug 2019322,34753.112.30$7,108
Jul 2019192,49656.272.46$7,209
Jun 2019192,37752.782.49$6,924
May 2019192,55658.482.74$8,115
Apr 20192062,33762.632.75$19,330
Mar 2019192,68556.803.06$9,301
Feb 2019282,25650.852.79$7,723
Jan 2019302,53346.033.23$9,558
Dec 2018192,82146.594.19$12,692
Nov 2018293,04952.934.24$14,454
Oct 2018193,06661.443.40$11,586
Sep 2018383,00059.543.11$11,587
Aug 20182023,36159.403.07$22,306
Jul 2018193,64165.142.93$11,913
Jun 2018193,87360.183.08$13,060
May 2018373,38565.382.90$12,238
Apr 2018192,25963.842.90$7,766
Mar 2018292,04261.222.79$7,466
Feb 2018242,04161.782.77$7,128
Jan 2018141,43062.874.01$6,614
Dec 2017402,23457.272.92$8,817
Nov 201702,68655.423.12$8,376
Oct 20171652,57149.292.98$15,804
Sep 201741,76547.523.09$5,639
Aug 201732,56845.373.00$7,851
Jul 201721,80243.873.09$5,651
Jun 201702,06742.493.09$6,381
May 201731,87245.373.26$6,245
Apr 201722,84047.933.21$9,217
Mar 201722,51746.772.98$7,603
Feb 201751,91450.452.95$5,904
Jan 201722,52349.413.42$8,724
Dec 201693,01248.763.72$11,652
Nov 201652,48342.492.64$6,778
Oct 20161062,99646.193.09$14,155
Sep 201643,04241.553.10$9,598
Aug 201622,18841.442.92$6,481
Jul 201652,10141.622.92$6,352
Jun 201612,43745.352.69$6,591
May 201602,34242.521.99$4,663
Apr 201602,86736.561.99$5,708
Mar 201663,12933.011.79$5,812
Feb 201602,80626.472.06$5,791
Jan 20161222,78927.352.36$9,931
Dec 201502,88632.362.00$5,776
Nov 201512,68938.792.17$5,867
Oct 201522,11143.552.43$5,210
Sep 201592,91142.992.76$8,417
Aug 20151013,17440.162.87$13,173
Jul 201513,01948.152.95$8,939
Jun 201522,97456.152.88$8,686
May 201553,12455.212.96$9,509
Apr 20151923,00549.822.71$17,699
Mar 201543,51742.892.93$10,493
Feb 201531,78544.662.98$5,446
Jan 201513,18643.433.10$9,922
Dec 201403,39154.693.59$12,178
Nov 20141942,22870.464.25$23,142
Oct 201413,04378.303.90$11,949
Sep 201403,05086.164.05$12,339
Aug 201423,11389.394.04$12,740
Jul 201413,72196.564.18$15,649
Jun 201472,94798.164.74$14,647
May 20141983,46094.734.73$35,110
Apr 201403,30195.944.81$15,875
Mar 201403,75795.895.06$18,998
Feb 201403,66497.406.19$22,687
Jan 20141794,31090.404.86$37,131
Dec 201303,63691.824.35$15,833
Nov 201303,16388.853.74$11,824
Oct 201303,82497.423.78$14,452
Sep 20131924,218104.113.72$35,671
Aug 201303,812104.253.52$13,428
Jul 201304,108102.523.72$15,272
Jun 201304,24294.403.93$16,686
May 20131923,63994.834.15$33,306
Apr 201304,04993.964.28$17,340
Mar 201304,08493.623.91$15,980
Feb 20131774,52691.233.42$31,626
Jan 201334,21691.603.42$14,693
Dec 201214,31286.773.42$14,835
Nov 20121954,81386.953.62$34,402
Oct 201285,07289.383.40$17,958
Sep 201215,25394.672.92$15,425
Aug 201217,22892.662.91$21,113
Jul 20121804,50185.133.02$28,920
Jun 201224,42779.822.52$11,311
May 20121944,60291.612.49$29,224
Apr 201215,507101.652.00$11,098
Mar 20121964,668105.052.22$30,962
Feb 201215,240101.102.57$13,569
Jan 201235,72998.092.73$15,958
Dec 20111925,01296.873.24$34,837
Nov 201135,73295.723.31$19,267
Oct 20111906,28484.983.65$39,074
Sep 201136,03883.623.99$24,317
Aug 201126,63283.404.15$27,685
Jul 20111606,58094.144.52$44,786
Jun 20111856,71792.904.64$48,353
May 201137,00798.134.40$31,159
Apr 20111927,240105.964.33$51,717
Mar 20111847,70396.364.06$48,984
Feb 201157,08785.644.18$30,052
Jan 20111978,19886.504.59$54,659
Dec 20101978,44985.734.35$53,623
Nov 201038,42980.843.80$32,233
Oct 20101938,82978.103.51$46,053
Sep 20101808,89372.633.98$48,463
Aug 20101939,88373.684.42$57,897
Jul 201019110,39572.554.74$63,093
Jun 201019510,69370.364.91$66,227
May 201019312,19271.124.24$65,362
Apr 201018912,10081.694.12$65,324
Mar 201019713,48478.394.39$74,620
Feb 201019113,17173.585.44$85,735
Jan 201037715,16874.365.96$118,497
Dec 200919816,35071.445.48$103,804
Nov 200938617,51874.593.75$94,511
Oct 200919220,33372.544.11$97,501
Sep 200938421,47765.543.06$90,989
Aug 200937625,01067.423.22$105,845
Jul 200938621,50861.133.46$98,111
Jun 200937326,76866.163.90$128,939
May 200954631,25354.743.93$152,580
Apr 200938634,47446.773.59$141,729
Mar 200975040,30842.144.06$195,215
Feb 200977139,41232.814.63$207,892
Jan 200957745,14435.865.37$263,160
Dec 200878448,72737.105.98$320,335
Nov 200878347,66755.496.86$370,461
Oct 20081,16155,97175.246.92$474,784
Sep 200856955,880101.767.88$498,073
Aug 20081,15281,573114.228.48$823,567
Jul 20081,14972,894131.0811.39$980,832
Jun 20081,34482,967131.3313.03$1,257,786
May 20082,055108,930123.1711.57$1,513,902
Apr 20081,722109,994110.3110.45$1,339,926

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            24 bbl  × $106.41 =     $2,554
Gas                  305 Mcf  × $  3.05 =       $929

────────────────────────────────────────────────────
Month total                                   $3,483

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/238123 is the state's own key, not one this site invented.