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 245803District 04Field 48630800CondensateGasSave
Value, all time
$20.9 M
Aug 2008 – May 2026
Value, last 12 filed months
$262 k
at the published price for each month
Months reported
214
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition63,252 bbl$4,491,996
GasProduction3,494,443 Mcf$16,432,549
Total$20,924,545

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 26.7943, -98.3171. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.79430, -98.31707 · 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
11,465 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 11,465 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-0473235562011,465 ftAug 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 (214)

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

214 months

May 20261835,622106.413.05$36,597
Apr 202601,04198.932.87$2,987
Mar 2026361,47289.753.15$7,867
Feb 20262163,97963.503.75$28,639
Jan 2026364,46159.138.00$37,807
Dec 2025704,65256.664.41$24,497
Nov 20252174,52458.593.93$30,477
Oct 2025364,76359.383.30$17,879
Sep 2025254,64562.743.08$15,861
Aug 2025354,20063.933.01$14,900
Jul 20252154,39466.743.32$28,916
Jun 2025354,25666.483.13$15,643
May 2025354,22160.553.23$15,763
Apr 20252114,42962.363.54$28,850
Mar 2025354,46067.704.27$21,406
Feb 20252143,46970.884.34$30,227
Jan 2025714,42174.324.28$24,193
Dec 2024724,69368.993.12$19,616
Nov 20242124,82569.052.20$25,246
Oct 2024365,04571.372.28$14,079
Sep 2024364,99169.612.36$14,306
Aug 20242115,11175.632.06$26,505
Jul 2024364,96179.932.15$13,527
Jun 20242474,86278.082.63$32,092
May 2024355,08878.812.20$13,944
Apr 20242034,96784.451.66$25,385
Mar 2024365,13380.301.55$10,822
Feb 2024724,61776.091.78$13,714
Jan 20242194,91073.023.30$32,183
Dec 2023705,53071.262.61$19,425
Nov 20232243,77377.892.81$28,040
Oct 20231085,24485.443.09$25,417
Sep 2023385,40389.042.74$18,161
Aug 2023785,60980.522.67$21,273
Jul 20232685,52074.852.64$34,643
Jun 2023725,35668.962.26$17,062
May 2023715,49470.622.23$17,251
Apr 2023395,35878.122.24$15,037
Mar 20232745,68372.852.39$33,561
Feb 2023385,34875.112.47$16,041
Jan 2023685,57176.533.39$24,077
Dec 20223415,78976.415.73$59,221
Nov 202205,52785.005.65$31,207
Oct 2022365,73087.185.86$36,738
Sep 20222745,52284.888.16$68,337
Aug 2022385,61194.529.13$54,804
Jul 2022775,658101.587.54$50,495
Jun 20222875,577115.097.98$77,520
May 202205,935109.378.43$50,050
Apr 2022765,742104.226.84$47,182
Mar 20222975,687108.885.08$61,207
Feb 2022415,15191.054.86$28,761
Jan 20222595,77781.844.54$47,411
Dec 2021365,74871.323.90$24,980
Nov 2021745,45177.435.24$34,276
Oct 2021785,88079.795.71$39,821
Sep 20212215,84469.865.35$46,710
Aug 2021715,77066.024.22$29,040
Jul 2021726,17870.783.98$29,697
Jun 2021365,94669.493.38$22,603
May 2021726,13863.483.02$23,093
Apr 2021675,77560.362.76$19,974
Mar 20212626,47561.302.72$33,653
Feb 2021745,57857.805.55$35,224
Jan 2021726,18350.412.81$21,005
Dec 20202166,27244.642.68$26,423
Nov 2020736,12438.772.71$19,405
Oct 2020726,81536.972.48$19,552
Sep 2020706,37637.091.99$15,291
Aug 20202626,66739.982.39$26,376
Jul 2020385,63138.371.83$11,735
Jun 20201286,52834.901.69$15,502
May 2020376,93416.921.81$13,210
Apr 2020836,38214.751.80$12,740
Mar 20201166,90630.341.86$16,339
Feb 20202846,26949.881.98$26,583
Jan 2020906,72557.252.09$19,240
Dec 2019386,70859.012.30$17,700
Nov 2019366,61655.302.75$20,189
Oct 20192487,01453.472.42$30,224
Sep 2019566,67455.052.66$20,817
Aug 20191396,99253.112.30$23,494
Jul 20191187,02256.272.46$23,914
Jun 20193066,70552.782.49$32,854
May 20191187,05258.482.74$26,225
Apr 20193116,98462.632.75$38,689
Mar 20191177,28056.803.06$28,938
Feb 20191656,73550.852.79$27,196
Jan 20193757,72046.033.23$42,183
Dec 20181117,93546.594.19$38,383
Nov 20183658,23552.934.24$54,213
Oct 20181188,34261.443.40$35,597
Sep 20182257,84259.543.11$37,769
Aug 2018568,33659.403.07$28,889
Jul 20181198,55365.142.93$32,828
Jun 20181188,23760.183.08$32,446
May 20183659,19065.382.90$50,522
Apr 20181197,13363.842.90$28,288
Mar 20181765,94461.222.79$27,340
Feb 20181485,89161.782.77$25,439
Jan 2018807,00962.874.01$33,131
Dec 20174648,68257.272.92$51,938
Nov 20171789,95355.423.12$40,902
Oct 2017010,53949.292.98$31,445
Sep 201758,68547.523.09$27,051
Aug 201735,76645.373.00$17,459
Jul 20171835,87643.873.09$26,169
Jun 201707,33342.493.09$22,639
May 2017718,29345.373.26$30,285
Apr 20171928,15147.933.21$35,380
Mar 201729,58546.772.98$28,692
Feb 20171917,33750.452.95$31,299
Jan 20171899,39549.413.42$41,458
Dec 2016910,58148.763.72$39,830
Nov 20161968,05942.492.64$29,639
Oct 201686,91646.193.09$21,742
Sep 201618710,34141.553.10$39,833
Aug 201639,53041.442.92$27,993
Jul 20162418,37141.622.92$34,510
Jun 2016748,86545.352.69$27,166
May 2016966,85842.521.99$17,736
Apr 2016689,46536.561.99$21,331
Mar 201617910,21333.011.79$24,231
Feb 201618410,47526.472.06$26,487
Jan 20161519,15627.352.36$25,778
Dec 201507,42132.362.00$14,852
Nov 20151029,00138.792.17$23,465
Oct 201511010,69143.552.43$30,733
Sep 20151069,53442.992.76$30,856
Aug 20152719,85140.162.87$39,180
Jul 201517910,57648.152.95$39,766
Jun 201528,57756.152.88$24,839
May 201518910,12855.212.96$40,367
Apr 201519710,61049.822.71$38,531
Mar 2015712,25842.892.93$36,274
Feb 201520211,88244.662.98$44,384
Jan 201506,82243.433.10$21,153
Dec 201406,88954.693.59$24,741
Nov 201419,12670.464.25$38,873
Oct 2014111,36978.303.90$44,428
Sep 20141929,41386.164.05$54,622
Aug 2014312,09989.394.04$49,089
Jul 201419213,78496.564.18$76,151
Jun 20141210,13698.164.74$49,191
May 201420310,40794.734.73$68,420
Apr 2014011,97395.944.81$57,580
Mar 201419410,76395.895.06$73,029
Feb 20141829,35297.406.19$75,634
Jan 201419411,91790.404.86$75,463
Dec 2013012,12791.824.35$52,807
Nov 201321310,47788.853.74$58,091
Oct 201319211,67197.423.78$62,814
Sep 201319012,946104.113.72$67,911
Aug 201315810,815104.253.52$54,569
Jul 20131819,981102.523.72$55,663
Jun 2013012,31894.403.93$48,452
May 201318413,05294.834.15$71,603
Apr 201319412,30493.964.28$70,921
Mar 201317713,26993.623.91$68,491
Feb 201337312,97791.233.42$78,409
Jan 201319315,51891.603.42$70,749
Dec 201219814,39386.773.42$66,407
Nov 201238512,33086.953.62$78,172
Oct 201220212,37989.383.40$60,139
Sep 201219511,65894.672.92$52,483
Aug 2012011,40192.662.91$33,156
Jul 201219614,52285.133.02$60,554
Jun 201238814,83079.822.52$68,328
May 201219215,49691.612.49$56,148
Apr 2012215,434101.652.00$31,022
Mar 201235516,161105.052.22$73,204
Feb 201219715,582101.102.57$59,966
Jan 201223115,57998.092.73$65,253
Dec 2011316,92796.873.24$55,130
Nov 201119916,38995.723.31$73,317
Oct 201119818,02184.983.65$82,576
Sep 2011717,58583.623.99$70,676
Aug 201117919,23483.404.15$94,737
Jul 201119418,27594.144.52$100,816
Jun 201139118,53692.904.64$122,329
May 201119718,65098.134.40$101,482
Apr 201119218,573105.964.33$100,826
Mar 201139219,82296.364.06$118,198
Feb 201120218,43485.644.18$94,353
Jan 201138221,05986.504.59$129,678
Dec 201039121,82985.734.35$128,427
Nov 201019820,98980.843.80$95,667
Oct 201037322,87878.103.51$109,408
Sep 201057722,68572.633.98$132,182
Aug 201038423,90773.684.42$133,947
Jul 201038523,95072.554.74$141,371
Jun 201058124,14970.364.91$159,460
May 201057827,41771.124.24$157,224
Apr 201077127,26381.694.12$175,380
Mar 201080729,57678.394.39$193,060
Feb 201077728,57273.585.44$212,671
Jan 201077730,39674.365.96$239,062
Dec 200977032,90371.445.48$235,441
Nov 200939132,48874.593.75$151,043
Oct 200994938,15772.544.11$225,675
Sep 200957935,04065.543.06$145,337
Aug 200989242,15967.423.22$195,827
Jul 200977236,27961.133.46$172,881
Jun 200975646,94966.163.90$232,883
May 20091,35255,94654.743.93$293,638
Apr 200997658,33446.773.59$254,921
Mar 20091,71271,72942.144.06$363,292
Feb 20091,76376,14932.814.63$410,642
Jan 20091,58999,35735.865.37$590,628
Dec 20081,789133,20037.105.98$862,527
Nov 20082,590202,89455.496.86$1,535,645
Oct 20086,327349,45875.246.92$2,894,985
Sep 20087,161295,743101.767.88$3,058,298
Aug 20089507,767114.228.48$174,397

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           183 bbl  × $106.41 =    $19,473
Gas                5,622 Mcf  × $  3.05 =    $17,124

────────────────────────────────────────────────────
Month total                                  $36,597

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/245803 is the state's own key, not one this site invented.