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 246613District 04Field 486308002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.6 M
Oct 2008 – May 2026
Value, last 12 filed months
$17 k
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 Gas112009-08-31193839
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
CondensateDisposition8,539 bbl$520,363
GasProduction654,894 Mcf$3,080,585
Total$3,600,949

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 26.7958, -98.3137. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.79579, -98.31370 · 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
11,534 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 11,534 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-0473237762611,534 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 20263257106.413.05$1,102
Apr 2026025398.932.87$726
Mar 2026230189.753.15$1,127
Feb 2026243963.503.75$1,773
Jan 2026247759.138.00$3,933
Dec 2025329156.664.41$1,454
Nov 2025227958.593.93$1,213
Oct 2025228959.383.30$1,074
Sep 2025160462.743.08$1,921
Aug 2025227863.933.01$966
Jul 2025224966.743.32$959
Jun 2025225666.483.13$934
May 2025224760.553.23$919
Apr 2025223162.363.54$943
Mar 202515522467.704.27$11,450
Feb 2025222270.884.34$1,105
Jan 2025324474.324.28$1,267
Dec 2024328068.993.12$1,081
Nov 2024234969.052.20$905
Oct 2024243271.372.28$1,128
Sep 2024245769.612.36$1,220
Aug 2024240975.632.06$995
Jul 2024250179.932.15$1,235
Jun 2024353878.082.63$1,651
May 2024233878.812.20$901
Apr 2024234384.451.66$738
Mar 2024251580.301.55$956
Feb 2024360976.091.78$1,315
Jan 2024230573.023.30$1,152
Dec 2023331371.262.61$1,031
Nov 2023229277.892.81$976
Oct 2023552985.443.09$2,060
Sep 2023254989.042.74$1,680
Aug 2023368180.522.67$2,062
Jul 20239466874.852.64$8,801
Jun 202311042168.962.26$8,536
May 2023364670.622.23$1,651
Apr 2023234178.122.24$919
Mar 2023359172.852.39$1,633
Feb 2023257875.112.47$1,575
Jan 2023355876.533.39$2,120
Dec 2022786376.415.73$5,479
Nov 2022024585.005.65$1,383
Oct 2022232187.185.86$2,057
Sep 2022330984.888.16$2,777
Aug 2022234294.529.13$3,311
Jul 20223509101.587.54$4,144
Jun 20225564115.097.98$5,075
May 20220600109.378.43$5,060
Apr 20223557104.226.84$4,121
Mar 20225569108.885.08$3,433
Feb 2022253091.054.86$2,757
Jan 2022338381.844.54$1,983
Dec 2021256771.323.90$2,353
Nov 2021349677.435.24$2,830
Oct 2021353479.795.71$3,291
Sep 2021253969.865.35$3,024
Aug 2021356466.024.22$2,578
Jul 2021360670.783.98$2,625
Jun 2021258769.493.38$2,123
May 2021361363.483.02$2,040
Apr 2021356660.362.76$1,742
Mar 2021361861.302.72$1,863
Feb 2021350957.805.55$2,997
Jan 202118758850.412.81$11,079
Dec 2020254044.642.68$1,534
Nov 2020355938.772.71$1,629
Oct 2020359636.972.48$1,588
Sep 2020356137.091.99$1,228
Aug 2020359539.982.39$1,539
Jul 2020348638.371.83$1,002
Jun 2020966834.901.69$1,443
May 2020272216.921.81$1,344
Apr 2020769614.751.80$1,359
Mar 2020772430.341.86$1,556
Feb 2020970049.881.98$1,835
Jan 2020669657.252.09$1,801
Dec 2019270959.012.30$1,752
Nov 2019264055.302.75$1,871
Oct 2019373453.472.42$1,936
Sep 2019192255.052.66$2,505
Aug 20191464153.112.30$2,221
Jul 20191460956.272.46$2,286
Jun 20191366252.782.49$2,335
May 20191363858.482.74$2,509
Apr 20191365662.632.75$2,619
Mar 20191277056.803.06$3,039
Feb 201920570250.852.79$12,384
Jan 20192085746.033.23$3,687
Dec 20181043846.594.19$2,299
Nov 20181969052.934.24$3,929
Oct 20181356461.443.40$2,715
Sep 20182276159.543.11$3,675
Aug 2018674659.403.07$2,644
Jul 20181378965.142.93$3,160
Jun 20181364460.183.08$2,764
May 20182275665.382.90$3,631
Apr 20181371363.842.90$2,898
Mar 20181973461.222.79$3,209
Feb 20181659761.782.77$2,640
Jan 2018867362.874.01$3,201
Dec 201711682657.272.92$9,057
Nov 2017077055.423.12$2,401
Oct 2017083749.292.98$2,497
Sep 2017580747.523.09$2,729
Aug 201731,19845.373.00$3,735
Jul 2017364143.873.09$2,111
Jun 2017051942.493.09$1,602
May 2017063845.373.26$2,082
Apr 2017077147.933.21$2,476
Mar 2017177946.772.98$2,371
Feb 2017082850.452.95$2,445
Jan 2017189849.413.42$3,119
Dec 2016296548.763.72$3,690
Nov 2016489942.492.64$2,547
Oct 2016773246.193.09$2,585
Sep 2016298941.553.10$3,150
Aug 201621,05441.442.92$3,165
Jul 20166386241.622.92$5,143
Jun 2016187845.352.69$2,404
May 2016097942.521.99$1,949
Apr 2016087936.561.99$1,750
Mar 201651,28433.011.79$2,469
Feb 2016054626.472.06$1,127
Jan 20168783727.352.36$4,358
Dec 201501,09032.362.00$2,182
Nov 2015158638.792.17$1,309
Oct 2015283843.552.43$2,121
Sep 201591,01442.992.76$3,184
Aug 20151471,10140.162.87$9,066
Jul 201511,24848.152.95$3,724
Jun 2015180456.152.88$2,374
May 201551,23355.212.96$3,920
Apr 201531,03349.822.71$2,945
Mar 201541,31342.892.93$4,025
Feb 201551,06344.662.98$3,387
Jan 201501,46543.433.10$4,542
Dec 2014060954.693.59$2,187
Nov 2014097070.464.25$4,124
Oct 201411,20078.303.90$4,759
Sep 2014065486.164.05$2,646
Aug 201431,14289.394.04$4,876
Jul 2014083696.564.18$3,494
Jun 201421,10398.164.74$5,421
May 201431,35194.734.73$6,670
Apr 201401,41695.944.81$6,810
Mar 20141711,08895.895.06$21,899
Feb 201401,23497.406.19$7,641
Jan 201401,36590.404.86$6,635
Dec 201301,51091.824.35$6,575
Nov 201301,21488.853.74$4,538
Oct 201301,32597.423.78$5,008
Sep 201301,518104.113.72$5,644
Aug 20131921,523104.253.52$25,381
Jul 201301,464102.523.72$5,443
Jun 201301,60694.403.93$6,317
May 201301,65394.834.15$6,858
Apr 201301,65793.964.28$7,096
Mar 20131951,61693.623.91$24,579
Feb 201301,75991.233.42$6,016
Jan 201321,83191.603.42$6,445
Dec 201211,91786.773.42$6,643
Nov 20121941,98786.953.62$24,071
Oct 201281,93589.383.40$7,293
Sep 201212,29094.672.92$6,778
Aug 201212,03092.662.91$5,996
Jul 20121872,19585.133.02$22,550
Jun 201222,37079.822.52$6,130
May 201222,42491.612.49$6,215
Apr 201212,536101.652.00$5,166
Mar 201222,064105.052.22$4,796
Feb 201202,466101.102.57$6,338
Jan 2012102,34098.092.73$7,379
Dec 20111942,60596.873.24$27,232
Nov 2011112,79995.723.31$10,321
Oct 2011113,00384.983.65$11,891
Sep 2011103,04283.623.99$12,961
Aug 201133,33483.404.15$14,084
Jul 201143,27094.144.52$15,148
Jun 201133,27092.904.64$15,451
May 201133,58698.134.40$16,090
Apr 201103,731105.964.33$16,167
Mar 201134,05696.364.06$16,746
Feb 201153,90685.644.18$16,755
Jan 20111963,99186.504.59$35,268
Dec 201024,69885.734.35$20,597
Nov 201034,33180.843.80$16,680
Oct 20101944,78678.103.51$31,945
Sep 201015,17272.633.98$20,654
Aug 201025,34273.684.42$23,756
Jul 20101915,40272.554.74$39,444
Jun 201035,39570.364.91$26,703
May 20101956,80771.124.24$42,698
Apr 201006,83081.694.12$28,158
Mar 20101987,66578.394.39$49,160
Feb 201026,90473.585.44$37,721
Jan 201017,99674.365.96$47,763
Dec 20091989,02271.445.48$63,620
Nov 200959,62874.593.75$36,492
Oct 200919610,81372.544.11$58,662
Sep 200918911,93065.543.06$48,950
Aug 200919414,48167.423.22$59,687
Jul 20093612,46861.133.46$45,396
Jun 200918315,53166.163.90$72,601
May 200918418,38454.743.93$82,243
Apr 200919120,41046.773.59$82,154
Mar 200944924,97242.144.06$120,282
Feb 200919627,54132.814.63$134,028
Jan 200958639,17835.865.37$231,439
Dec 200860860,79137.105.98$385,913
Nov 20081,390122,78855.496.86$919,501
Oct 2008048375.246.92$3,343

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             3 bbl  × $106.41 =       $319
Gas                  257 Mcf  × $  3.05 =       $783

────────────────────────────────────────────────────
Month total                                   $1,102

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/246613 is the state's own key, not one this site invented.