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 245459District 04Field 486308002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Oct 2008 – May 2026
Value, last 12 filed months
$63
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 Gas112009-03-23190391
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
CondensateDisposition9,185 bbl$588,291
GasProduction591,066 Mcf$2,535,673
Total$3,123,964

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 26.7966, -98.3197. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.79659, -98.31972 · 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
11,165 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 11,165 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-0473237462411,165 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 20250158.593.93$4
Oct 20250059.383.30$0
Sep 20250162.743.08$3
Aug 202501163.933.01$33
Jul 20250366.743.32$10
Jun 20250466.483.13$13
May 20250760.553.23$23
Apr 20250662.363.54$21
Mar 20250967.704.27$38
Feb 20250770.884.34$30
Jan 202501274.324.28$51
Dec 202401268.993.12$37
Nov 20240869.052.20$18
Oct 20240771.372.28$16
Sep 20240469.612.36$9
Aug 202402175.632.06$43
Jul 20240479.932.15$9
Jun 20240778.082.63$18
May 202402178.812.20$46
Apr 20240384.451.66$5
Mar 20240480.301.55$6
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230271.262.61$5
Nov 20230377.892.81$8
Oct 20230285.443.09$6
Sep 20230389.042.74$8
Aug 20230980.522.67$24
Jul 202301874.852.64$48
Jun 20230868.962.26$18
May 20230370.622.23$7
Apr 202301978.122.24$43
Mar 202302272.852.39$53
Feb 20230975.112.47$22
Jan 202303976.533.39$132
Dec 202202176.415.73$120
Nov 2022018785.005.65$1,056
Oct 2022043487.185.86$2,545
Sep 2022061784.888.16$5,037
Aug 2022046594.529.13$4,244
Jul 202200101.587.54$0
Jun 2022025115.097.98$199
May 2022018109.378.43$152
Apr 202209104.226.84$62
Mar 202210510108.885.08$11,483
Feb 202203791.054.86$180
Jan 202204081.844.54$182
Dec 202107271.323.90$281
Nov 202101577.435.24$79
Oct 202107779.795.71$440
Sep 202106269.865.35$332
Aug 202105066.024.22$211
Jul 2021032770.783.98$1,302
Jun 202101,10369.493.38$3,729
May 202101,15063.483.02$3,470
Apr 202101,09460.362.76$3,018
Mar 202101,15761.302.72$3,144
Feb 2021097557.805.55$5,409
Jan 202101,21250.412.81$3,406
Dec 20201791,10544.642.68$10,947
Nov 202001,20038.772.71$3,248
Oct 202001,15236.972.48$2,855
Sep 202001,01637.091.99$2,023
Aug 2020096839.982.39$2,309
Jul 202001,29938.371.83$2,371
Jun 20201921,55534.901.69$9,329
May 202001,78716.921.81$3,243
Apr 202041,27614.751.80$2,361
Mar 202051,36130.341.86$2,678
Feb 202051,28449.881.98$2,793
Jan 202041,42457.252.09$3,212
Dec 20191621,57359.012.30$13,184
Nov 201901,46955.302.75$4,041
Oct 201991,57053.472.42$4,278
Sep 201991,39455.052.66$4,200
Aug 2019501,36453.112.30$5,799
Jul 2019351,39456.272.46$5,399
Jun 2019331,19552.782.49$4,719
May 20192201,39758.482.74$16,694
Apr 2019341,39362.632.75$5,961
Mar 2019361,47056.803.06$6,546
Feb 2019541,33050.852.79$6,460
Jan 2019521,54546.033.23$7,381
Dec 2018391,64646.594.19$8,706
Nov 2018501,73152.934.24$9,981
Oct 2018341,77861.443.40$8,131
Sep 2018711,73359.543.11$9,614
Aug 20181261,95359.403.07$13,473
Jul 2018341,83865.142.93$7,604
Jun 2018341,85860.183.08$7,763
May 2018701,95365.382.90$10,242
Apr 2018341,89363.842.90$7,662
Mar 2018501,96161.222.79$8,526
Feb 20181781,79461.782.77$15,959
Jan 2018281,97862.874.01$9,691
Dec 2017802,04157.272.92$10,544
Nov 201701,70355.423.12$5,311
Oct 2017067649.292.98$2,017
Sep 2017536947.523.09$1,377
Aug 2017230945.373.00$1,019
Jul 2017023843.873.09$735
Jun 201709542.493.09$293
May 2017019645.373.26$640
Apr 2017020047.933.21$642
Mar 2017022246.772.98$662
Feb 2017017150.452.95$505
Jan 2017118849.413.42$692
Dec 2016020148.763.72$748
Nov 2016017242.492.64$455
Oct 2016019246.193.09$593
Sep 2016124541.553.10$801
Aug 2016224441.442.92$796
Jul 2016029041.622.92$848
Jun 2016028945.352.69$776
May 2016029842.521.99$593
Apr 2016021636.561.99$430
Mar 2016118033.011.79$356
Feb 2016019126.472.06$394
Jan 2016024227.352.36$572
Dec 2015017932.362.00$358
Nov 2015021338.792.17$462
Oct 2015028143.552.43$682
Sep 2015021942.992.76$604
Aug 201511325140.162.87$5,259
Jul 201512,25748.152.95$6,695
Jun 201511,38856.152.88$4,058
May 201531,43955.212.96$4,419
Apr 201551,66149.822.71$4,745
Mar 201542,00442.892.93$6,053
Feb 201561,94444.662.98$6,054
Jan 201511,54343.433.10$4,828
Dec 201402,30154.693.59$8,264
Nov 201401,74270.464.25$7,407
Oct 2014015878.303.90$616
Sep 201401,33186.164.05$5,384
Aug 201432,13789.394.04$8,891
Jul 201402,11796.564.18$8,848
Jun 201462,20998.164.74$11,053
May 201482,66894.734.73$13,368
Apr 201402,37395.944.81$11,412
Mar 20141852,67895.895.06$31,282
Feb 201402,52097.406.19$15,604
Jan 201402,83990.404.86$13,800
Dec 201302,74191.824.35$11,936
Nov 201302,46088.853.74$9,196
Oct 201302,04697.423.78$7,733
Sep 201302,939104.113.72$10,926
Aug 201303,094104.253.52$10,899
Jul 201302,818102.523.72$10,477
Jun 201303,03494.403.93$11,934
May 20131773,21494.834.15$30,120
Apr 201302,68793.964.28$11,507
Mar 201303,16293.623.91$12,372
Feb 201303,41891.233.42$11,689
Jan 201344,05891.603.42$14,244
Dec 20121944,17586.773.42$31,113
Nov 201232,33786.953.62$8,732
Oct 201253,66989.383.40$12,920
Sep 201213,14494.672.92$9,270
Aug 201203,96992.662.91$11,542
Jul 201243,60685.133.02$11,234
Jun 201233,68779.822.52$9,527
May 20121934,09791.612.49$27,875
Apr 201224,164101.652.00$8,518
Mar 201233,816105.052.22$8,795
Feb 201224,250101.102.57$11,126
Jan 201254,34898.092.73$12,378
Dec 20111954,77396.873.24$34,353
Nov 201164,77495.723.31$16,382
Oct 201155,34284.983.65$19,915
Sep 201175,55383.623.99$22,718
Aug 201136,50983.404.15$27,258
Jul 20111727,17394.144.52$48,594
Jun 201143,84092.904.64$18,189
May 20111955,18498.134.40$41,970
Apr 201105,251105.964.33$22,754
Mar 20111965,56496.364.06$41,462
Feb 201155,07685.644.18$21,646
Jan 201135,74886.504.59$26,636
Dec 20101635,84985.734.35$39,404
Nov 20102005,64980.843.80$37,608
Oct 201026,18878.103.51$21,869
Sep 20101866,25972.633.98$38,417
Aug 201016,62773.684.42$29,361
Jul 20101917,50572.554.74$49,404
Jun 201046,38570.364.91$31,634
May 20101857,69471.124.24$45,743
Apr 20101907,58081.694.12$46,771
Mar 201038,09178.394.39$35,744
Feb 20101947,84473.585.44$56,964
Jan 20101988,74774.365.96$66,891
Dec 20092019,34871.445.48$65,622
Nov 20091979,23874.593.75$49,351
Oct 200919710,01372.544.11$55,446
Sep 200920210,68665.543.06$45,989
Aug 200919212,94767.423.22$54,615
Jul 20091806,49461.133.46$33,502
Jun 200919812,64066.163.90$62,332
May 2009014,05854.743.93$55,188
Apr 200918614,99146.773.59$62,479
Mar 200937217,28342.144.06$85,828
Feb 200937818,12032.814.63$96,352
Jan 200920321,25935.865.37$121,462
Dec 200880933,72637.105.98$231,599
Nov 200860257,90155.496.86$430,627
Oct 2008052175.246.92$3,606

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 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 58.59 =         $0
Gas                    1 Mcf  × $  3.93 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/245459 is the state's own key, not one this site invented.