BTLT

Operated by MERIT ENERGY COMPANY (P-5 561136) in the JAVELINA (VICKSBURG CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 239558District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.8 M
May 2008 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
217
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 246 leases and 246 wells, and the rule below applies to all of them.

Discovered
1995-04-25
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-01.

The Commission's schedule remark for this field reads: WITH DUPLICATE IN APRIL.

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 Gas112009-03-09190047
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
CondensateDisposition12,720 bbl$1,017,085
GasProduction866,445 Mcf$4,790,002
Total$5,807,087

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 26.5279, -98.4590. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.52786, -98.45902 · 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
12,500 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 12,500 ft.

Completions filed
Feb 2009
1 of 1 wells

1 well

42-42734266E 112,500 ftFeb 2009

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 (217)

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

217 months

May 20260516106.413.05$1,572
Apr 2026043298.932.87$1,240
Mar 2026057589.753.15$1,811
Feb 2026053363.503.75$1,999
Jan 2026062059.138.00$4,959
Dec 2025047756.664.41$2,105
Nov 2025041358.593.93$1,622
Oct 2025048959.383.30$1,616
Sep 2025055162.743.08$1,695
Aug 2025061963.933.01$1,866
Jul 2025051966.743.32$1,721
Jun 2025060566.483.13$1,893
May 2025066360.553.23$2,143
Apr 2025059462.363.54$2,105
Mar 2025062967.704.27$2,685
Feb 2025056970.884.34$2,470
Jan 2025065974.324.28$2,820
Dec 2024064968.993.12$2,026
Nov 20241846969.052.20$2,274
Oct 2024061171.372.28$1,394
Sep 2024047869.612.36$1,130
Aug 20247268375.632.06$6,855
Jul 2024065079.932.15$1,395
Jun 2024068878.082.63$1,812
May 2024069178.812.20$1,519
Apr 20247284684.451.66$7,484
Mar 2024079280.301.55$1,224
Feb 2024084776.091.78$1,511
Jan 20247474273.023.30$7,850
Dec 2023082171.262.61$2,143
Nov 2023091077.892.81$2,555
Oct 2023094885.443.09$2,927
Sep 2023091489.042.74$2,500
Aug 2023092180.522.67$2,462
Jul 20233096874.852.64$4,803
Jun 2023092168.962.26$2,080
May 20233096770.622.23$4,273
Apr 202301,02878.122.24$2,300
Mar 2023093472.852.39$2,235
Feb 2023083075.112.47$2,047
Jan 2023271,12576.533.39$5,878
Dec 2022091976.415.73$5,265
Nov 2022098585.005.65$5,562
Oct 2022221,00387.185.86$7,799
Sep 202201,04584.888.16$8,531
Aug 202201,09194.529.13$9,958
Jul 20220970101.587.54$7,316
Jun 20220870115.097.98$6,940
May 20220936109.378.43$7,893
Apr 20220900104.226.84$6,154
Mar 202201,139108.885.08$5,782
Feb 202201,02191.054.86$4,961
Jan 202201,13381.844.54$5,141
Dec 202101,28471.323.90$5,006
Nov 202101,10877.435.24$5,802
Oct 2021084679.795.71$4,834
Sep 2021075969.865.35$4,061
Aug 2021093766.024.22$3,955
Jul 2021095970.783.98$3,819
Jun 2021082869.493.38$2,799
May 2021086963.483.02$2,622
Apr 2021091660.362.76$2,527
Mar 2021091661.302.72$2,489
Feb 2021096757.805.55$5,365
Jan 2021099950.412.81$2,807
Dec 202001,19744.642.68$3,203
Nov 202001,23538.772.71$3,343
Oct 202001,04936.972.48$2,600
Sep 2020086037.091.99$1,712
Aug 202001,10539.982.39$2,636
Jul 202001,14238.371.83$2,084
Jun 202001,16234.901.69$1,964
May 202001,71216.921.81$3,107
Apr 202001,63314.751.80$2,947
Mar 202001,65030.341.86$3,063
Feb 202001,68649.881.98$3,339
Jan 202001,71757.252.09$3,597
Dec 201901,83559.012.30$4,229
Nov 201901,81855.302.75$5,001
Oct 201901,96153.472.42$4,743
Sep 201901,30755.052.66$3,473
Aug 201901,80253.112.30$4,152
Jul 201901,80956.272.46$4,450
Jun 201901,63452.782.49$4,071
May 201901,74358.482.74$4,776
Apr 201901,67162.632.75$4,596
Mar 201901,84256.803.06$5,640
Feb 201901,53150.852.79$4,275
Jan 201901,65946.033.23$5,356
Dec 201821,46346.594.19$6,216
Nov 201801,68252.934.24$7,127
Oct 2018621,31961.443.40$8,291
Sep 2018099159.543.11$3,080
Aug 2018951,08459.403.07$8,967
Jul 201801,11165.142.93$3,257
Jun 2018951,29660.183.08$9,705
May 201801,26265.382.90$3,661
Apr 2018961,12563.842.90$9,392
Mar 2018891,13961.222.79$8,623
Feb 201801,41161.782.77$3,903
Jan 2018861,58262.874.01$11,750
Dec 201701,42557.272.92$4,163
Nov 2017841,36055.423.12$8,896
Oct 201701,14349.292.98$3,410
Sep 2017851,28247.523.09$7,997
Aug 201701,19945.373.00$3,602
Jul 2017891,11043.873.09$7,331
Jun 2017963,52242.493.09$14,952
May 201701,81845.373.26$5,933
Apr 20175977947.933.21$5,330
Mar 20176299246.772.98$5,860
Feb 2017090350.452.95$2,666
Jan 20176295449.413.42$6,325
Dec 2016611,01848.763.72$6,764
Nov 20165798142.492.64$5,016
Oct 2016481,07446.193.09$5,536
Sep 201601,26341.553.10$3,916
Aug 20162398741.442.92$3,839
Jul 2016066341.622.92$1,939
Jun 20161795145.352.69$3,325
May 201601,45942.521.99$2,905
Apr 2016181,48536.561.99$3,615
Mar 2016181,62733.011.79$3,513
Feb 201601,44826.472.06$2,988
Jan 2016151,90227.352.36$4,907
Dec 2015171,47832.362.00$3,508
Nov 2015181,49638.792.17$3,941
Oct 201501,55843.552.43$3,781
Sep 2015271,63842.992.76$5,679
Aug 2015431,47840.162.87$5,972
Jul 201501,40848.152.95$4,147
Jun 2015401,44456.152.88$6,409
May 201501,43555.212.96$4,241
Apr 2015341,45949.822.71$5,643
Mar 2015351,76942.892.93$6,693
Feb 2015351,66944.662.98$6,530
Jan 2015361,54143.433.10$6,342
Dec 2014351,98254.693.59$9,032
Nov 201401,63770.464.25$6,960
Oct 2014351,70778.303.90$9,399
Sep 2014341,68486.164.05$9,742
Aug 2014331,87989.394.04$10,532
Jul 2014671,60196.564.18$13,161
Jun 201401,77198.164.74$8,389
May 2014322,02394.734.73$12,593
Apr 2014971,98495.944.81$18,847
Mar 201401,82795.895.06$9,239
Feb 201421,18997.406.19$7,557
Jan 201401,57190.404.86$7,636
Dec 2013531,92591.824.35$13,249
Nov 2013242,15588.853.74$10,188
Oct 2013412,40597.423.78$13,084
Sep 2013272,493104.113.72$12,079
Aug 2013382,519104.253.52$12,835
Jul 2013202,556102.523.72$11,553
Jun 2013472,46694.403.93$14,137
May 2013182,52794.834.15$12,192
Apr 2013422,48393.964.28$14,580
Mar 2013412,64893.623.91$14,200
Feb 2013392,54591.233.42$12,262
Jan 2013512,87891.603.42$14,514
Dec 2012453,19886.773.42$14,842
Nov 2012463,01586.953.62$14,929
Oct 2012453,54789.383.40$16,081
Sep 2012383,52094.672.92$13,870
Aug 2012383,72592.662.91$14,354
Jul 2012384,69385.133.02$17,412
Jun 2012393,59679.822.52$12,171
May 2012464,18391.612.49$14,623
Apr 2012424,309101.652.00$12,874
Mar 2012444,357105.052.22$14,304
Feb 2012604,003101.102.57$16,355
Jan 2012614,36098.092.73$17,904
Dec 2011544,22296.873.24$18,909
Nov 2011504,24395.723.31$18,836
Oct 2011654,51184.983.65$21,982
Sep 2011494,49883.623.99$22,026
Aug 2011604,66483.404.15$24,356
Jul 2011684,90494.144.52$28,554
Jun 2011544,98092.904.64$28,123
May 2011815,28898.134.40$31,241
Apr 2011555,316105.964.33$28,864
Mar 2011555,60296.364.06$28,029
Feb 20111045,34685.644.18$31,253
Jan 2011795,92486.504.59$34,017
Dec 2010516,15385.734.35$31,124
Nov 2010766,09380.843.80$29,269
Oct 2010686,33778.103.51$27,547
Sep 2010436,58672.633.98$29,332
Aug 2010646,53973.684.42$33,614
Jul 2010546,89372.554.74$36,566
Jun 2010987,50170.364.91$43,728
May 20101218,17871.124.24$43,241
Apr 20101249,01981.694.12$47,312
Mar 2010669,79778.394.39$48,170
Feb 2010559,52773.585.44$55,896
Jan 20108013,15774.365.96$84,418
Dec 200918110,04771.445.48$68,026
Nov 200917710,77674.593.75$53,629
Oct 200920111,86572.544.11$63,349
Sep 200925611,89365.543.06$53,227
Aug 200924413,21867.423.22$58,993
Jul 200917913,91361.133.46$59,144
Jun 200921615,49066.163.90$74,624
May 200925216,32654.743.93$77,886
Apr 200928821,36546.773.59$90,117
Mar 200929420,20742.144.06$94,409
Feb 200926017,33932.814.63$88,862
Jan 200952420,79035.865.37$130,454
Dec 200842824,24137.105.98$160,771
Nov 200847628,40255.496.86$221,261
Oct 200857337,30775.246.92$301,351
Sep 200844836,660101.767.88$334,363
Aug 200833147,892114.228.48$444,076
Jul 200840326,410131.0811.39$353,620
Jun 200895641,711131.3313.03$669,156
May 20081,09234,115123.1711.57$529,359

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                  516 Mcf  × $  3.05 =     $1,572

────────────────────────────────────────────────────
Month total                                   $1,572

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/239558 is the state's own key, not one this site invented.