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 239643District 04Field 486308002 tax incentive programmesCondensateGasSaveExport
Value, all time
$719 k
Feb 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
219
1 month not filed
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 Gas112008-10-16186291
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
CondensateDisposition2,215 bbl$152,472
GasProduction116,764 Mcf$566,908
Total$719,380

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 26.8025, -98.3266. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.80245, -98.32656 · 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
11,110 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 11,110 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-0473232961611,110 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 (219)

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

219 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 2024010978.812.20$240
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 20230177.892.81$3
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202302780.522.67$72
Jul 202307474.852.64$195
Jun 2023012168.962.26$273
May 2023036170.622.23$804
Apr 2023014878.122.24$331
Mar 20230072.852.39$0
Feb 2023011175.112.47$274
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 2021017377.435.24$906
Oct 2021040179.795.71$2,291
Sep 2021050369.865.35$2,692
Aug 2021039466.024.22$1,663
Jul 2021028470.783.98$1,131
Jun 2021049469.493.38$1,670
May 2021028663.483.02$863
Apr 2021017860.362.76$491
Mar 2021043761.302.72$1,187
Feb 2021038957.805.55$2,158
Jan 2021037450.412.81$1,051
Dec 2020017444.642.68$466
Nov 2020031838.772.71$861
Oct 2020036736.972.48$910
Sep 2020044437.091.99$884
Aug 2020061839.982.39$1,474
Jul 2020417538.371.83$473
Jun 2020449034.901.69$968
May 2020072016.921.81$1,307
Apr 2020413814.751.80$308
Mar 2020566930.341.86$1,394
Feb 2020430549.881.98$804
Jan 2020228857.252.09$718
Dec 2019036259.012.30$834
Nov 2019061255.302.75$1,683
Oct 2019112853.472.42$363
Sep 2019056155.052.66$1,491
Aug 201907653.112.30$175
Jul 2019051256.272.46$1,260
Jun 2019037652.782.49$937
May 2019054858.482.74$1,502
Apr 2019012662.632.75$347
Mar 2019048556.803.06$1,485
Feb 2019042450.852.79$1,184
Jan 2019063946.033.23$2,063
Dec 2018055946.594.19$2,340
Nov 2018057952.934.24$2,453
Oct 201805161.443.40$173
Sep 2018065159.543.11$2,023
Aug 2018026059.403.07$797
Jul 2018037565.142.93$1,099
Jun 2018059460.183.08$1,828
May 2018012565.382.90$363
Apr 2018031963.842.90$925
Mar 2018059561.222.79$1,658
Feb 2018010761.782.77$296
Jan 2018164362.874.01$2,641
Dec 20171644857.272.92$2,225
Nov 2017038155.423.12$1,188
Oct 2017073349.292.98$2,187
Sep 20171220047.523.09$1,188
Aug 20172872445.373.00$3,446
Jul 20172534543.873.09$2,162
Jun 2017043542.493.09$1,343
May 201707845.373.26$255
Apr 20171157647.933.21$2,377
Mar 20171137346.772.98$1,627
Feb 20172742150.452.95$2,605
Jan 201719027349.413.42$10,321
Dec 20161624348.763.72$1,685
Nov 20161273942.492.64$2,464
Oct 20162438146.193.09$2,286
Sep 20162946641.553.10$2,650
Aug 20163164941.442.92$3,183
Jul 20161565341.622.92$2,534
Jun 20161686745.352.69$3,054
May 2016043742.521.99$870
Apr 2016072036.561.99$1,434
Mar 20162384033.011.79$2,266
Feb 2016062326.472.06$1,286
Jan 2016054727.352.36$1,293
Dec 2015081932.362.00$1,639
Nov 2015119438.792.17$459
Oct 20159763043.552.43$5,753
Sep 20156656542.992.76$4,396
Aug 2015561240.162.87$1,959
Jul 201518345448.152.95$10,149
Jun 2015666456.152.88$2,251
May 20153577755.212.96$4,229
Apr 2015659649.822.71$1,912
Mar 2015779542.892.93$2,633
Feb 20151055044.662.98$2,084
Jan 2015267043.433.10$2,164
Dec 2014061054.693.59$2,191
Nov 2014057970.464.25$2,462
Oct 2014151178.303.90$2,072
Sep 2014034986.164.05$1,412
Aug 2014256489.394.04$2,455
Jul 2014086496.564.18$3,611
Jun 2014253498.164.74$2,726
May 2014145494.734.73$2,241
Apr 2014058195.944.81$2,794
Mar 2014042995.895.06$2,169
Feb 2014045397.406.19$2,805
Jan 2014046390.404.86$2,251
Dec 2013054691.824.35$2,378
Nov 2013025688.853.74$957
Oct 2013036697.423.78$1,383
Sep 20130369104.113.72$1,372
Aug 20130579104.253.52$2,040
Jul 20130450102.523.72$1,673
Jun 2013065994.403.93$2,592
May 2013050394.834.15$2,087
Apr 2013074693.964.28$3,195
Mar 2013037193.623.91$1,452
Feb 2013056491.233.42$1,929
Jan 2013151,16491.603.42$5,355
Dec 2012274686.773.42$2,725
Nov 20121378086.953.62$3,958
Oct 20122790389.383.40$5,483
Sep 2012978494.672.92$3,140
Aug 201215354492.662.91$15,759
Jul 20122487885.133.02$4,695
Jun 20121138279.822.52$1,840
May 2012998091.612.49$3,263
Apr 20126728101.652.00$2,064
Mar 20120906105.052.22$2,013
Feb 20120846101.102.57$2,174
Jan 2012021798.092.73$593
Dec 20111181296.873.24$3,696
Nov 2011321,02895.723.31$6,467
Oct 20112758884.983.65$4,440
Sep 20113196883.623.99$6,450
Aug 2011101,00583.404.15$5,004
Jul 2011078794.144.52$3,555
Jun 20112481092.904.64$5,988
May 20111552998.134.40$3,802
Apr 20110788105.964.33$3,415
Mar 20113387696.364.06$6,734
Feb 20116273185.644.18$8,365
Jan 20112281686.504.59$5,647
Dec 20101686085.734.35$5,111
Nov 20102777880.843.80$5,135
Oct 20101367178.103.51$3,370
Sep 20101976172.633.98$4,408
Aug 20102774973.684.42$5,299
Jul 2010076872.554.74$3,638
Jun 20103468370.364.91$5,746
May 20101091671.124.24$4,591
Apr 2010174481.694.12$3,149
Mar 20103096578.394.39$6,587
Feb 20101276873.585.44$5,063
Jan 20101681374.365.96$6,039
Dec 20092287171.445.48$6,348
Nov 2009101,33074.593.75$5,735
Oct 2009291,11772.544.11$6,695
Sep 20092781865.543.06$4,277
Aug 200919773467.423.22$15,644
Jul 20091460661.133.46$2,955
Jun 200981,23066.163.90$5,320
May 200921,01754.743.93$4,102
Apr 2009291,30746.773.59$6,045
Mar 200931,40442.144.06$5,825
Feb 200961,38232.814.63$6,600
Jan 200951,17335.865.37$6,479
Dec 200891,68137.105.98$10,381
Nov 200841,65655.496.86$11,583
Oct 2008112,01175.246.92$14,748
Sep 2008101,893101.767.88$15,929
Aug 2008103,016114.228.48$26,727
Jul 2008292,755131.0811.39$35,179
Jun 2008804,088131.3313.03$63,784
May 2008346,985123.1711.57$85,034
Apr 2008062110.3110.45$648
Feb 20080092.538.77$0

Not filed, and not zero: Mar 2008. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.81 =         $0
Gas                  109 Mcf  × $  2.20 =       $240

────────────────────────────────────────────────────
Month total                                     $240

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/239643 is the state's own key, not one this site invented.