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 243685District 04Field 486308002 tax incentive programmesCondensateGasSaveExport
Value, all time
$418 k
Nov 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
211
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 Gas112009-02-09188870
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
CondensateDisposition2,246 bbl$140,002
GasProduction70,304 Mcf$277,867
Total$417,868

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 26.8052, -98.3150. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.80520, -98.31496 · 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
10,515 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 10,515 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-0473238462710,515 ftNov 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 (211)

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

211 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 202104577.435.24$236
Oct 2021015279.795.71$869
Sep 2021013969.865.35$744
Aug 2021015366.024.22$646
Jul 2021011970.783.98$474
Jun 2021015669.493.38$527
May 2021014763.483.02$444
Apr 2021010260.362.76$281
Mar 20218214761.302.72$5,426
Feb 2021014357.805.55$793
Jan 2021013750.412.81$385
Dec 2020015544.642.68$415
Nov 2020012038.772.71$325
Oct 2020013836.972.48$342
Sep 2020015737.091.99$313
Aug 2020021039.982.39$501
Jul 2020313238.371.83$356
Jun 2020416534.901.69$419
May 2020021516.921.81$390
Apr 2020417214.751.80$369
Mar 2020521730.341.86$555
Feb 202058549.881.98$418
Jan 2020319657.252.09$582
Dec 2019012259.012.30$281
Nov 2019016555.302.75$454
Oct 2019317053.472.42$572
Sep 201908355.052.66$221
Aug 2019312753.112.30$452
Jul 2019317456.272.46$597
Jun 201919015252.782.49$10,407
May 201928958.482.74$361
Apr 2019216262.632.75$571
Mar 2019214256.803.06$548
Feb 2019315950.852.79$597
Jan 2019419846.033.23$823
Dec 2018215246.594.19$729
Nov 2018417952.934.24$970
Oct 2018219961.443.40$799
Sep 2018517959.543.11$854
Aug 2018118659.403.07$630
Jul 2018219965.142.93$714
Jun 2018217260.183.08$650
May 2018521165.382.90$939
Apr 2018217763.842.90$641
Mar 2018417861.222.79$741
Feb 2018315961.782.77$625
Jan 2018216362.874.01$779
Dec 2017417457.272.92$737
Nov 2017021355.423.12$664
Oct 2017022549.292.98$671
Sep 2017423747.523.09$922
Aug 2017224445.373.00$824
Jul 2017127343.873.09$887
Jun 2017027242.493.09$840
May 2017722745.373.26$1,058
Apr 2017226047.933.21$931
Mar 201719122246.772.98$9,595
Feb 2017521850.452.95$896
Jan 2017123549.413.42$853
Dec 2016324548.763.72$1,058
Nov 2016224842.492.64$741
Oct 2016323246.193.09$856
Sep 2016226541.553.10$905
Aug 2016228841.442.92$925
Jul 2016229941.622.92$958
Jun 2016127845.352.69$792
May 2016024342.521.99$484
Apr 2016025136.561.99$500
Mar 2016527033.011.79$649
Feb 2016022326.472.06$460
Jan 2016026727.352.36$631
Dec 2015019932.362.00$398
Nov 2015125038.792.17$581
Oct 2015225043.552.43$694
Sep 2015721542.992.76$894
Aug 201513227240.162.87$6,082
Jul 2015129148.152.95$905
Jun 2015128756.152.88$884
May 2015225255.212.96$855
Apr 2015018749.822.71$506
Mar 2015018742.892.93$549
Feb 2015031744.662.98$943
Jan 201507743.433.10$239
Dec 2014013954.693.59$499
Nov 201415070.464.25$283
Oct 2014020478.303.90$796
Sep 2014020586.164.05$829
Aug 2014020389.394.04$819
Jul 2014023596.564.18$982
Jun 2014133298.164.74$1,671
May 2014136494.734.73$1,815
Apr 2014037595.944.81$1,803
Mar 2014050895.895.06$2,569
Feb 2014030797.406.19$1,901
Jan 2014042290.404.86$2,051
Dec 2013042091.824.35$1,829
Nov 2013036488.853.74$1,361
Oct 2013040897.423.78$1,542
Sep 20130473104.113.72$1,758
Aug 20130399104.253.52$1,406
Jul 20130404102.523.72$1,502
Jun 2013044594.403.93$1,750
May 2013040194.834.15$1,664
Apr 2013041393.964.28$1,769
Mar 2013049593.623.91$1,937
Feb 2013045291.233.42$1,546
Jan 2013238691.603.42$1,503
Dec 2012040086.773.42$1,368
Nov 201219537786.953.62$18,322
Oct 2012832489.383.40$1,817
Sep 2012335894.672.92$1,329
Aug 2012043092.662.91$1,251
Jul 2012845585.133.02$2,056
Jun 2012940379.822.52$1,734
May 2012041291.612.49$1,025
Apr 20120408101.652.00$815
Mar 20120486105.052.22$1,080
Feb 20121483101.102.57$1,343
Jan 2012545998.092.73$1,745
Dec 201117544296.873.24$18,384
Nov 2011744295.723.31$2,134
Oct 2011864884.983.65$3,044
Sep 20111267183.623.99$3,678
Aug 2011368683.404.15$3,097
Jul 2011770794.144.52$3,853
Jun 2011651192.904.64$2,928
May 2011651698.134.40$2,862
Apr 20110587105.964.33$2,544
Mar 2011566396.364.06$3,172
Feb 2011965785.644.18$3,517
Jan 2011363186.504.59$3,155
Dec 2010267385.734.35$3,098
Nov 201019355880.843.80$17,720
Oct 2010465878.103.51$2,621
Sep 2010378472.633.98$3,338
Aug 2010474273.684.42$3,574
Jul 2010062572.554.74$2,960
Jun 2010384270.364.91$4,346
May 2010293971.124.24$4,119
Apr 201001,01081.694.12$4,164
Mar 20101931,10278.394.39$19,966
Feb 2010295373.585.44$5,334
Jan 2010293074.365.96$5,695
Dec 200911,07171.445.48$5,945
Nov 200921,12874.593.75$4,381
Oct 200931,23272.544.11$5,281
Sep 200921,45865.543.06$4,599
Aug 200911,36167.423.22$4,448
Jul 200921,37461.133.46$4,882
Jun 20091771,76166.163.90$18,569
May 200912,03554.743.93$8,044
Apr 200952,12146.773.59$7,843
Mar 2009372,60242.144.06$12,121
Feb 200919297032.814.63$10,794
Jan 200941,02235.865.37$5,633
Dec 20082013,19637.105.98$26,560
Nov 200802,60555.496.86$17,871

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.

Nov 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 77.43 =         $0
Gas                   45 Mcf  × $  5.24 =       $236

────────────────────────────────────────────────────
Month total                                     $236

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/243685 is the state's own key, not one this site invented.