STATE PARK

Operated by MERIT ENERGY COMPANY (P-5 561136) in the BOB WEST (L-27, 28, 29) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 238420District 04Field 100413502 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.6 M
Jun 2007 – May 2026
Value, last 12 filed months
$192 k
at the published price for each month
Months reported
228
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 42 leases and 42 wells, and the rule below applies to all of them.

Discovered
1994-06-27
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-04-24.

The Commission's schedule remark for this field reads: REMAIN SUSPENDED.

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 Gas112009-10-08194880
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
CondensateDisposition5 bbl$242
GasProduction2,057,754 Mcf$10,596,671
Total$10,596,913

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 26.5726, -99.1404. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.57265, -99.14043 · 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
12,734 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 12,734 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-427340861112,734 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 (228)

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

228 months

May 202604,496106.413.05$13,694
Apr 202603,83898.932.87$11,014
Mar 202604,44789.753.15$14,006
Feb 202603,92063.503.75$14,701
Jan 202604,63359.138.00$37,054
Dec 202504,91956.664.41$21,709
Nov 202504,15258.593.93$16,303
Oct 202504,08059.383.30$13,484
Sep 202504,25262.743.08$13,083
Aug 202504,04263.933.01$12,186
Jul 202503,81466.743.32$12,644
Jun 202503,89366.483.13$12,180
May 202504,59660.553.23$14,856
Apr 202504,73662.363.54$16,780
Mar 202504,53267.704.27$19,344
Feb 202504,08070.884.34$17,711
Jan 202504,30174.324.28$18,403
Dec 202404,24768.993.12$13,256
Nov 202404,24469.052.20$9,330
Oct 202404,72871.372.28$10,786
Sep 202404,22869.612.36$9,997
Aug 202404,28475.632.06$8,841
Jul 202404,60979.932.15$9,894
Jun 202404,37278.082.63$11,516
May 202404,67278.812.20$10,271
Apr 202404,48684.451.66$7,443
Mar 202404,19380.301.55$6,479
Feb 202404,27176.091.78$7,618
Jan 202404,79773.023.30$15,819
Dec 202305,03771.262.61$13,150
Nov 202305,00077.892.81$14,038
Oct 202305,02785.443.09$15,520
Sep 202305,09989.042.74$13,946
Aug 202304,85080.522.67$12,963
Jul 202303,44274.852.64$9,093
Jun 202304,59768.962.26$10,382
May 202304,10370.622.23$9,139
Apr 202304,51078.122.24$10,092
Mar 202305,16372.852.39$12,356
Feb 202304,36775.112.47$10,768
Jan 202305,08176.533.39$17,213
Dec 202203,82976.415.73$21,937
Nov 202205,32185.005.65$30,043
Oct 202206,05187.185.86$35,482
Sep 202204,87384.888.16$39,782
Aug 202202,71794.529.13$24,798
Jul 202202,571101.587.54$19,391
Jun 202203,063115.097.98$24,434
May 202206,184109.378.43$52,150
Apr 202205,960104.226.84$40,752
Mar 202206,374108.885.08$32,357
Feb 202205,53791.054.86$26,903
Jan 202202,45881.844.54$11,154
Dec 202102,97671.323.90$11,604
Nov 202103,60977.435.24$18,900
Oct 202104,40979.795.71$25,192
Sep 202106,80569.865.35$36,413
Aug 202104,99666.024.22$21,086
Jul 202102,68170.783.98$10,676
Jun 202102,57469.493.38$8,702
May 202102,11363.483.02$6,376
Apr 202103,18660.362.76$8,788
Mar 202106,60861.302.72$17,954
Feb 202106,22657.805.55$34,542
Jan 202105,45450.412.81$15,327
Dec 202004,37144.642.68$11,694
Nov 202001,93038.772.71$5,224
Oct 202003,10436.972.48$7,693
Sep 202003,49237.091.99$6,953
Aug 202006,09639.982.39$14,540
Jul 202005,75638.371.83$10,505
Jun 202005,98334.901.69$10,113
May 202006,17516.921.81$11,206
Apr 202005,30514.751.80$9,572
Mar 202005,70130.341.86$10,582
Feb 202005,85349.881.98$11,593
Jan 202005,93357.252.09$12,428
Dec 201906,26159.012.30$14,428
Nov 201906,02855.302.75$16,581
Oct 201906,57553.472.42$15,902
Sep 201905,78255.052.66$15,364
Aug 201906,76353.112.30$15,584
Jul 201906,34856.272.46$15,616
Jun 201906,12152.782.49$15,249
May 201906,77358.482.74$18,560
Apr 201904,81962.632.75$13,256
Mar 201906,80556.803.06$20,838
Feb 201905,82050.852.79$16,251
Jan 201906,77746.033.23$21,877
Dec 201806,54446.594.19$27,390
Nov 201825,86852.934.24$24,970
Oct 201806,35461.443.40$21,591
Sep 201806,38059.543.11$19,829
Aug 201806,05359.403.07$18,562
Jul 201807,49665.142.93$21,977
Jun 201806,02760.183.08$18,545
May 201806,64365.382.90$19,270
Apr 201806,49363.842.90$18,835
Mar 201806,64861.222.79$18,527
Feb 201806,46461.782.77$17,880
Jan 201808,15662.874.01$32,700
Dec 201708,62457.272.92$25,195
Nov 201704,34355.423.12$13,543
Oct 201715,62249.292.98$16,824
Sep 201705,31047.523.09$16,393
Aug 201705,86945.373.00$17,633
Jul 201706,04843.873.09$18,672
Jun 201705,90642.493.09$18,233
May 201704,80945.373.26$15,694
Apr 201701,74847.933.21$5,614
Mar 201711,73846.772.98$5,232
Feb 201701,53050.452.95$4,517
Jan 201701,64749.413.42$5,631
Dec 201601,57248.763.72$5,852
Nov 201601,62042.492.64$4,284
Oct 201601,73246.193.09$5,352
Sep 201601,63041.553.10$5,054
Aug 201601,75841.442.92$5,141
Jul 201601,84941.622.92$5,407
Jun 201601,79845.352.69$4,829
May 201601,91342.521.99$3,809
Apr 201601,48336.561.99$2,953
Mar 201601,60633.011.79$2,881
Feb 201601,37626.472.06$2,840
Jan 201601,49027.352.36$3,523
Dec 201501,53732.362.00$3,076
Nov 201501,55338.792.17$3,366
Oct 201501,52043.552.43$3,688
Sep 201501,90342.992.76$5,249
Aug 201511,70440.162.87$4,935
Jul 201502,21548.152.95$6,523
Jun 201502,32956.152.88$6,714
May 201502,30855.212.96$6,821
Apr 201502,01649.822.71$5,456
Mar 201501,97242.892.93$5,787
Feb 201501,52644.662.98$4,542
Jan 201502,01043.433.10$6,232
Dec 201403,59754.693.59$12,918
Nov 201408,49970.464.25$36,136
Oct 201407,85278.303.90$30,630
Sep 201408,10186.164.05$32,772
Aug 201408,81489.394.04$35,566
Jul 201407,88896.564.18$32,969
Jun 201407,07798.164.74$33,523
May 201407,47094.734.73$35,307
Apr 201404,37695.944.81$21,045
Mar 2014011,79795.895.06$59,655
Feb 2014012,43897.406.19$77,016
Jan 201409,96090.404.86$48,413
Dec 201303,64991.824.35$15,890
Nov 201305,55088.853.74$20,747
Oct 201305,10497.423.78$19,290
Sep 201304,708104.113.72$17,503
Aug 201304,834104.253.52$17,028
Jul 201305,193102.523.72$19,306
Jun 201305,47494.403.93$21,531
May 201305,27794.834.15$21,895
Apr 201303,93793.964.28$16,861
Mar 201304,48393.623.91$17,541
Feb 201305,20391.233.42$17,794
Jan 201305,75891.603.42$19,692
Dec 201205,56886.773.42$19,043
Nov 201204,99086.953.62$18,089
Oct 201205,52689.383.40$18,787
Sep 201206,01894.672.92$17,563
Aug 201205,01992.662.91$14,596
Jul 201204,83385.133.02$14,600
Jun 201205,03679.822.52$12,686
May 201201,85291.612.49$4,608
Apr 20120736101.652.00$1,470
Mar 201201,014105.052.22$2,253
Feb 2012010,955101.102.57$28,157
Jan 2012012,30498.092.73$33,640
Dec 2011013,10296.873.24$42,447
Nov 2011013,04095.723.31$43,179
Oct 201109,08384.983.65$33,140
Sep 201104,06983.623.99$16,218
Aug 2011011,24383.404.15$46,651
Jul 2011014,01694.144.52$63,314
Jun 2011013,57692.904.64$62,991
May 2011014,48198.134.40$63,786
Apr 2011013,733105.964.33$59,509
Mar 2011014,81896.364.06$60,122
Feb 2011013,30185.644.18$55,598
Jan 2011013,15486.504.59$60,361
Dec 2010015,44185.734.35$67,134
Nov 2010016,01880.843.80$60,794
Oct 2010014,73978.103.51$51,718
Sep 2010016,26472.633.98$64,722
Aug 2010013,98173.684.42$61,787
Jul 2010016,33672.554.74$77,375
Jun 2010033,87670.364.91$166,345
May 2010017,60971.124.24$74,578
Apr 2010017,64081.694.12$72,724
Mar 2010018,23778.394.39$80,036
Feb 2010016,56673.585.44$90,158
Jan 2010018,99074.365.96$113,258
Dec 2009018,68771.445.48$102,475
Nov 2009019,25774.593.75$72,243
Oct 2009020,51072.544.11$84,301
Sep 2009020,27365.543.06$62,132
Aug 2009011,88267.423.22$38,242
Jul 2009018,47861.133.46$64,017
Jun 2009023,49866.163.90$91,525
May 2009025,03054.743.93$98,262
Apr 2009024,59446.773.59$88,231
Mar 2009026,16442.144.06$106,200
Feb 2009024,97832.814.63$115,723
Jan 2009026,14235.865.37$140,409
Dec 2008025,21037.105.98$150,684
Nov 2008024,49855.496.86$168,065
Oct 2008025,54075.246.92$176,787
Sep 2008026,962101.767.88$212,382
Aug 2008028,994114.228.48$245,957
Jul 2008030,034131.0811.39$342,070
Jun 2008030,096131.3313.03$392,230
May 2008031,030123.1711.57$359,150
Apr 2008033,680110.3110.45$352,120
Mar 2008036,926101.909.66$356,855
Feb 2008034,91692.538.77$306,234
Jan 2008038,46490.388.21$315,625
Dec 2007039,76288.337.30$290,341
Nov 2007040,50091.677.29$295,314
Oct 2007027,27582.856.92$188,797
Sep 2007026,85875.846.24$167,706
Aug 2007037,35169.066.39$238,596
Jul 2007044,39370.906.39$283,580
Jun 2007033,54562.007.55$253,213

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                4,496 Mcf  × $  3.05 =    $13,694

────────────────────────────────────────────────────
Month total                                  $13,694

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/238420 is the state's own key, not one this site invented.