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 242850District 04Field 486308002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Jul 2008 – May 2026
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
215
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 Gas112009-01-13187974
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
CondensateDisposition3,975 bbl$281,824
GasProduction190,622 Mcf$942,659
Total$1,224,484

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 26.7969, -98.3078. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.79688, -98.30778 · 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
11,315 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 11,315 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-0473233961811,315 ftJul 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 (215)

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

215 months

May 202692147106.413.05$10,237
Apr 2026030798.932.87$881
Mar 2026029289.753.15$920
Feb 2026034763.503.75$1,301
Jan 2026026259.138.00$2,095
Dec 2025031156.664.41$1,373
Nov 2025027958.593.93$1,095
Oct 2025029159.383.30$962
Sep 2025030462.743.08$935
Aug 2025029363.933.01$883
Jul 2025029466.743.32$975
Jun 2025029866.483.13$932
May 2025032160.553.23$1,038
Apr 2025040662.363.54$1,439
Mar 202512932967.704.27$10,138
Feb 2025011170.884.34$482
Jan 2025036274.324.28$1,549
Dec 2024028668.993.12$893
Nov 2024031769.052.20$697
Oct 2024034671.372.28$789
Sep 2024032469.612.36$766
Aug 2024037775.632.06$778
Jul 2024036779.932.15$788
Jun 2024024578.082.63$645
May 2024036578.812.20$802
Apr 2024041084.451.66$680
Mar 2024039980.301.55$617
Feb 2024036176.091.78$644
Jan 2024036673.023.30$1,207
Dec 2023030571.262.61$796
Nov 2023019677.892.81$550
Oct 2023030885.443.09$951
Sep 2023043989.042.74$1,201
Aug 2023027480.522.67$732
Jul 2023048274.852.64$1,273
Jun 2023031368.962.26$707
May 2023039170.622.23$871
Apr 2023032378.122.24$723
Mar 2023047972.852.39$1,146
Feb 202311035375.112.47$9,132
Jan 2023050776.533.39$1,718
Dec 2022150476.415.73$2,964
Nov 2022030185.005.65$1,700
Oct 2022056787.185.86$3,325
Sep 2022039184.888.16$3,192
Aug 2022037594.529.13$3,423
Jul 20220330101.587.54$2,489
Jun 20220405115.097.98$3,231
May 20220436109.378.43$3,677
Apr 20220431104.226.84$2,947
Mar 20220540108.885.08$2,741
Feb 2022017791.054.86$860
Jan 2022037081.844.54$1,679
Dec 2021034771.323.90$1,353
Nov 2021027377.435.24$1,430
Oct 2021037779.795.71$2,154
Sep 2021038169.865.35$2,039
Aug 2021036966.024.22$1,557
Jul 2021037670.783.98$1,497
Jun 2021040269.493.38$1,359
May 2021037863.483.02$1,141
Apr 2021038260.362.76$1,054
Mar 2021060461.302.72$1,641
Feb 2021034357.805.55$1,903
Jan 2021049450.412.81$1,388
Dec 2020050944.642.68$1,362
Nov 2020044638.772.71$1,207
Oct 202017840436.972.48$7,582
Sep 2020047937.091.99$954
Aug 2020035539.982.39$847
Jul 2020035938.371.83$655
Jun 2020954034.901.69$1,227
May 2020047816.921.81$867
Apr 2020840214.751.80$843
Mar 2020937930.341.86$977
Feb 2020956549.881.98$1,568
Jan 2020640257.252.09$1,186
Dec 2019037959.012.30$873
Nov 2019044555.302.75$1,224
Oct 2019634553.472.42$1,155
Sep 2019138355.052.66$1,073
Aug 2019039753.112.30$915
Jul 2019040056.272.46$984
Jun 2019036652.782.49$912
May 2019040358.482.74$1,104
Apr 2019041362.632.75$1,136
Mar 2019040856.803.06$1,249
Feb 2019039050.852.79$1,089
Jan 2019046846.033.23$1,511
Dec 2018037146.594.19$1,553
Nov 2018040452.934.24$1,712
Oct 2018040661.443.40$1,380
Sep 2018043559.543.11$1,352
Aug 2018037659.403.07$1,153
Jul 2018040965.142.93$1,199
Jun 2018042760.183.08$1,314
May 201816450165.382.90$12,176
Apr 2018043263.842.90$1,253
Mar 20184234461.222.79$3,530
Feb 2018041161.782.77$1,137
Jan 2018143062.874.01$1,787
Dec 20171643557.272.92$2,187
Nov 2017059755.423.12$1,862
Oct 20173940249.292.98$3,122
Sep 20176665347.523.09$5,152
Aug 2017141,05645.373.00$3,808
Jul 20170043.873.09$0
Jun 201704642.493.09$142
May 20171838845.373.26$2,083
Apr 2017641047.933.21$1,604
Mar 2017550046.772.98$1,726
Feb 2017644450.452.95$1,614
Jan 2017139649.413.42$1,403
Dec 2016259848.763.72$2,324
Nov 2016540742.492.64$1,289
Oct 20165150146.193.09$3,904
Sep 20161064141.553.10$2,403
Aug 2016861641.442.92$2,133
Jul 20161843741.622.92$2,027
Jun 2016552345.352.69$1,631
May 2016043242.521.99$860
Apr 2016052336.561.99$1,041
Mar 20161651533.011.79$1,452
Feb 2016029826.472.06$615
Jan 2016060127.352.36$1,421
Dec 2015050632.362.00$1,013
Nov 2015057738.792.17$1,251
Oct 2015339943.552.43$1,099
Sep 20151949542.992.76$2,182
Aug 20158961240.162.87$5,332
Jul 2015467648.152.95$2,183
Jun 2015133156.152.88$1,010
May 20151260755.212.96$2,456
Apr 2015759149.822.71$1,948
Mar 2015759342.892.93$2,041
Feb 201520464244.662.98$11,021
Jan 2015175243.433.10$2,375
Dec 2014063154.693.59$2,266
Nov 2014073170.464.25$3,108
Oct 2014118178.303.90$784
Sep 2014049886.164.05$2,015
Aug 2014546189.394.04$2,307
Jul 2014054196.564.18$2,261
Jun 2014289598.164.74$4,436
May 2014454094.734.73$2,931
Apr 2014074995.944.81$3,602
Mar 2014084295.895.06$4,258
Feb 2014086497.406.19$5,350
Jan 2014093190.404.86$4,525
Dec 2013094391.824.35$4,106
Nov 2013054088.853.74$2,019
Oct 2013050997.423.78$1,924
Sep 20130853104.113.72$3,171
Aug 20130809104.253.52$2,850
Jul 20130606102.523.72$2,253
Jun 2013089894.403.93$3,532
May 2013095894.834.15$3,975
Apr 2013092493.964.28$3,957
Mar 2013082993.623.91$3,244
Feb 2013094791.233.42$3,239
Jan 201381,11191.603.42$4,532
Dec 2012192986.773.42$3,264
Nov 201241,16786.953.62$4,578
Oct 2012978589.383.40$3,473
Sep 20121911,11594.672.92$21,336
Aug 201201,25892.662.91$3,658
Jul 201281,33485.133.02$4,711
Jun 2012121,29879.822.52$4,228
May 201261,26891.612.49$3,705
Apr 201241,311101.652.00$3,024
Mar 20129740105.052.22$2,590
Feb 20121841101.102.57$2,263
Jan 201201,54298.092.73$4,216
Dec 20111671,38796.873.24$20,671
Nov 2011181,20795.723.31$5,720
Oct 201161,55084.983.65$6,165
Sep 201181,49383.623.99$6,620
Aug 201151,64883.404.15$7,255
Jul 2011111,46994.144.52$7,671
Jun 2011101,19592.904.64$6,474
May 201161,12798.134.40$5,553
Apr 20115800105.964.33$3,996
Mar 20111951,19096.364.06$23,618
Feb 2011221,16985.644.18$6,770
Jan 201151,11586.504.59$5,549
Dec 2010855985.734.35$3,116
Nov 20101154880.843.80$2,969
Oct 201018869378.103.51$17,114
Sep 2010759472.633.98$2,872
Aug 20101983473.684.42$5,086
Jul 2010086372.554.74$4,088
Jun 2010313970.364.91$2,373
May 20101911,10971.124.24$18,281
Apr 201022,20981.694.12$9,270
Mar 2010152,52978.394.39$12,275
Feb 2010172,30173.585.44$13,774
Jan 201020813174.365.96$16,248
Dec 2009887471.445.48$5,364
Nov 2009101,93674.593.75$8,009
Oct 200921,98572.544.11$8,304
Sep 200942,08165.543.06$6,640
Aug 20091902,20767.423.22$19,913
Jul 200922,04961.133.46$7,221
Jun 200912,45166.163.90$9,613
May 200902,62854.743.93$10,317
Apr 200902,98246.773.59$10,698
Mar 20091762,47542.144.06$17,463
Feb 200912,98132.814.63$13,844
Jan 20091933,23335.865.37$24,285
Dec 200813,86537.105.98$23,139
Nov 20081815,14155.496.86$45,313
Oct 200824,55775.246.92$31,694
Sep 20081935,383101.767.88$62,042
Aug 2008212,954114.228.48$110,117
Jul 200819115,401131.0811.39$200,445

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            92 bbl  × $106.41 =     $9,790
Gas                  147 Mcf  × $  3.05 =       $448

────────────────────────────────────────────────────
Month total                                  $10,237

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/242850 is the state's own key, not one this site invented.