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 242208District 04Field 486308002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.9 M
Oct 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
212
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 Gas112008-12-17187477
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
CondensateDisposition28,940 bbl$2,052,289
GasProduction1,280,567 Mcf$5,833,243
Total$7,885,532

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 26.8036, -98.3182. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.80362, -98.31817 · 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
10,500 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 10,500 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-0473236262110,500 ftOct 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 (212)

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

212 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 20240078.812.20$0
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 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
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 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021258061.302.72$15,815
Feb 20210157.805.55$6
Jan 202101550.412.81$42
Dec 202001844.642.68$48
Nov 202009038.772.71$244
Oct 202002336.972.48$57
Sep 202005037.091.99$100
Aug 202004339.982.39$103
Jul 202002138.371.83$38
Jun 202001834.901.69$30
May 202004516.921.81$82
Apr 202004814.751.80$87
Mar 202005030.341.86$93
Feb 202002649.881.98$52
Jan 202012957.252.09$118
Dec 201904559.012.30$104
Nov 201902755.302.75$74
Oct 201922553.472.42$167
Sep 201904955.052.66$130
Aug 2019352953.112.30$1,926
Jul 20192310956.272.46$1,562
Jun 2019212852.782.49$1,178
May 2019214958.482.74$1,362
Apr 2019212362.632.75$1,379
Mar 2019233756.803.06$1,420
Feb 2019363550.852.79$1,928
Jan 2019336546.033.23$1,729
Dec 2018276546.594.19$1,530
Nov 2018319952.934.24$2,060
Oct 20182113861.443.40$1,759
Sep 2018478559.543.11$3,063
Aug 2018104359.403.07$726
Jul 2018214765.142.93$1,506
Jun 2018215260.183.08$1,424
May 2018467365.382.90$3,219
Apr 2018218463.842.90$1,584
Mar 2018315361.222.79$2,046
Feb 2018275261.782.77$1,812
Jan 2018203062.874.01$1,378
Dec 2017562457.272.92$3,277
Nov 201703255.423.12$100
Oct 2017030049.292.98$895
Sep 201706847.523.09$210
Aug 201706045.373.00$180
Jul 201704643.873.09$142
Jun 2017033942.493.09$1,047
May 2017010845.373.26$352
Apr 2017507347.933.21$2,631
Mar 201707146.772.98$212
Feb 201706850.452.95$201
Jan 201707649.413.42$260
Dec 201608048.763.72$298
Nov 201607842.492.64$206
Oct 2016010446.193.09$321
Sep 2016010941.553.10$338
Aug 201608841.442.92$257
Jul 201607441.622.92$216
Jun 201604345.352.69$115
May 201605342.521.99$106
Apr 201608436.561.99$167
Mar 2016013433.011.79$240
Feb 201606826.472.06$140
Jan 201609527.352.36$225
Dec 201505632.362.00$112
Nov 201506638.792.17$143
Oct 201508043.552.43$194
Sep 201508942.992.76$246
Aug 2015017240.162.87$494
Jul 201516611148.152.95$8,320
Jun 201507556.152.88$216
May 20150055.212.96$0
Apr 201503849.822.71$103
Mar 201503542.892.93$103
Feb 201504844.662.98$143
Jan 201503643.433.10$112
Dec 2014021854.693.59$783
Nov 201406570.464.25$276
Oct 201406478.303.90$250
Sep 201406586.164.05$263
Aug 2014010989.394.04$440
Jul 201408596.564.18$355
Jun 201407698.164.74$360
May 201405494.734.73$255
Apr 201406095.944.81$289
Mar 201407195.895.06$359
Feb 201418610697.406.19$18,773
Jan 2014089590.404.86$4,350
Dec 2013036091.824.35$1,568
Nov 2013027388.853.74$1,021
Oct 20131722,35497.423.78$25,653
Sep 201302,551104.113.72$9,484
Aug 201302,974104.253.52$10,476
Jul 201301,210102.523.72$4,498
Jun 20130594.403.93$20
May 20131714,07594.834.15$33,123
Apr 20131805,55193.964.28$40,685
Mar 201304,99993.623.91$19,560
Feb 20131745,83091.233.42$35,812
Jan 20132287,39391.603.42$46,168
Dec 20121935,89586.773.42$36,908
Nov 20122136,33386.953.62$41,477
Oct 20122146,70689.383.40$41,926
Sep 2012176,52794.672.92$20,658
Aug 20121948,22692.662.91$41,899
Jul 20122508,41785.133.02$46,709
Jun 2012688,51779.822.52$26,882
May 20122368,46491.612.49$42,681
Apr 2012418,346101.652.00$20,833
Mar 20122649,599105.052.22$49,063
Feb 2012329,558101.102.57$27,802
Jan 20124819,84398.092.73$74,093
Dec 20112666,25296.873.24$46,022
Nov 20113109,64195.723.31$61,597
Oct 20112768,48384.983.65$54,405
Sep 20111057,98283.623.99$40,595
Aug 20113812,98583.404.15$57,048
Jul 201146012,47094.144.52$99,634
Jun 20118110,83592.904.64$57,798
May 201123912,20598.134.40$77,214
Apr 201119013,128105.964.33$77,020
Mar 201142813,86796.364.06$97,505
Feb 201150613,05485.644.18$97,899
Jan 201123715,04286.504.59$89,525
Dec 201042311,79085.734.35$87,524
Nov 201025016,59180.843.80$83,178
Oct 201043017,68378.103.51$95,631
Sep 201042618,51872.633.98$104,632
Aug 201042319,93073.684.42$119,244
Jul 201038420,78172.554.74$126,288
Jun 201024021,51270.364.91$122,519
May 201058527,63571.124.24$158,646
Apr 201076228,84381.694.12$181,159
Mar 201046033,44878.394.39$182,852
Feb 201080734,18573.585.44$245,426
Jan 201078041,02174.365.96$302,654
Dec 20091,01849,34571.445.48$343,322
Nov 20091,04259,46974.593.75$300,821
Oct 20091,61977,89972.544.11$437,627
Sep 20091,46957,41665.543.06$272,244
Aug 200957023,28567.423.22$113,372
Jul 200940411,06061.133.46$63,014
Jun 200978133,99766.163.90$184,089
May 20091,31360,34954.743.93$308,789
Apr 200958633,08546.773.59$146,100
Mar 200938723,54442.144.06$111,873
Feb 200957025,46132.814.63$136,663
Jan 200977934,19635.865.37$211,602
Dec 200899847,09537.105.98$318,519
Nov 20081,76474,05355.496.86$605,915
Oct 20082,151101,65875.246.92$865,516

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.

Mar 2021 — as filed, then multipliedworked
Condensate           258 bbl  × $ 61.30 =    $15,815
Gas                    0 Mcf  × $  2.72 =         $0

────────────────────────────────────────────────────
Month total                                  $15,815

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/242208 is the state's own key, not one this site invented.