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 247363District 04Field 486308002 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.0 M
Feb 2009 – May 2026
Value, last 12 filed months
$153 k
at the published price for each month
Months reported
208
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 Gas112009-08-31193840
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
CondensateDisposition49,168 bbl$3,289,447
GasProduction3,278,896 Mcf$12,743,791
Total$16,033,238

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 26.7913, -98.3242. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.79133, -98.32419 · 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
11,563 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 11,563 ft.

Completions filed
Feb 2009
1 of 1 wells

1 well

42-0473239663011,563 ftFeb 2009

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 (208)

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

208 months

May 2026412,534106.413.05$12,081
Apr 20261772,47498.932.87$24,610
Mar 2026212,53989.753.15$9,881
Feb 2026202,26563.503.75$9,764
Jan 2026202,48559.138.00$21,057
Dec 2025392,45256.664.41$13,031
Nov 20251992,23958.593.93$20,451
Oct 2025202,31859.383.30$8,848
Sep 2025142,25062.743.08$7,801
Aug 2025202,42563.933.01$8,589
Jul 2025202,27066.743.32$8,860
Jun 2025202,22266.483.13$8,282
May 20251932,28060.553.23$19,056
Apr 2025202,18162.363.54$8,975
Mar 2025202,35267.704.27$11,393
Feb 2025202,09670.884.34$10,516
Jan 20252212,12674.324.28$25,521
Dec 2024412,22668.993.12$9,777
Nov 2024212,11669.052.20$6,102
Oct 2024202,18371.372.28$6,408
Sep 2024202,19169.612.36$6,573
Aug 20242022,36175.632.06$20,149
Jul 2024202,12279.932.15$6,154
Jun 2024392,16078.082.63$8,735
May 2024202,25178.812.20$6,525
Apr 20242012,22284.451.66$20,661
Mar 2024202,26380.301.55$5,103
Feb 2024412,13976.091.78$6,935
Jan 2024202,25073.023.30$8,880
Dec 2023392,55271.262.61$9,442
Nov 2023202,11277.892.81$7,487
Oct 20232442,44785.443.09$28,402
Sep 2023222,28189.042.74$8,198
Aug 2023442,45680.522.67$10,107
Jul 2023432,49274.852.64$9,802
Jun 2023412,35868.962.26$8,153
May 2023992,95570.622.23$13,573
Apr 2023223,15278.122.24$8,772
Mar 20231473,48872.852.39$19,056
Feb 2023212,64575.112.47$8,099
Jan 2023382,72376.533.39$12,133
Dec 2022862,69376.415.73$22,000
Nov 202202,63985.005.65$14,900
Oct 2022202,92487.185.86$18,889
Sep 20222042,58784.888.16$38,435
Aug 2022213,07894.529.13$30,078
Jul 2022433,116101.587.54$27,869
Jun 2022622,788115.097.98$29,376
May 202203,435109.378.43$28,967
Apr 2022433,171104.226.84$26,163
Mar 20222373,033108.885.08$41,201
Feb 2022232,72491.054.86$15,330
Jan 2022432,98281.844.54$17,050
Dec 2021203,01671.323.90$13,186
Nov 2021422,90777.435.24$18,476
Oct 2021443,20679.795.71$21,829
Sep 20211983,21369.865.35$31,025
Aug 2021403,21366.024.22$16,202
Jul 2021413,44370.783.98$16,612
Jun 2021203,32269.493.38$12,620
May 2021413,50463.483.02$13,177
Apr 20211383,19860.362.76$17,151
Mar 2021432,97961.302.72$10,730
Feb 2021422,62657.805.55$16,997
Jan 2021413,06650.412.81$10,683
Dec 20202043,20744.642.68$17,687
Nov 2020413,07838.772.71$9,920
Oct 2020412,95836.972.48$8,847
Sep 2020403,57337.091.99$8,598
Aug 20202293,43839.982.39$17,355
Jul 2020212,90638.371.83$6,110
Jun 2020803,46434.901.69$8,647
May 2020213,24016.921.81$6,235
Apr 20202152,84814.751.80$8,310
Mar 2020403,04530.341.86$6,866
Feb 2020802,92949.881.98$9,792
Jan 2020553,94257.252.09$11,406
Dec 2019213,87859.012.30$10,176
Nov 20191914,05455.302.75$21,714
Oct 2019414,29853.472.42$12,587
Sep 2019194,16755.052.66$12,119
Aug 201964,47453.112.30$10,628
Jul 201983,44156.272.46$8,915
Jun 201983,31152.782.49$8,671
May 201984,39558.482.74$12,512
Apr 20192013,50162.632.75$22,219
Mar 201973,74756.803.06$11,871
Feb 201983,49050.852.79$10,152
Jan 20191995,17746.033.23$25,872
Dec 201844,30346.594.19$18,196
Nov 2018126,47552.934.24$28,071
Oct 20182006,18261.443.40$33,295
Sep 2018127,02959.543.11$22,561
Aug 201848,85459.403.07$27,389
Jul 201889,11565.142.93$27,245
Jun 201888,54260.183.08$26,764
May 20181566,42265.382.90$28,828
Apr 201884,24063.842.90$12,810
Mar 2018123,99661.222.79$11,871
Feb 20182023,95161.782.77$23,409
Jan 2018924,85262.874.01$25,237
Dec 201784,50257.272.92$13,611
Nov 201704,85255.423.12$15,130
Oct 20171875,35249.292.98$25,186
Sep 201755,65147.523.09$17,684
Aug 20171635,62845.373.00$24,304
Jul 201725,43943.873.09$16,879
Jun 201705,27042.493.09$16,270
May 20171265,42245.373.26$23,411
Apr 201735,71747.933.21$18,505
Mar 201725,46846.772.98$16,408
Feb 20171915,18250.452.95$24,936
Jan 201725,94849.413.42$20,434
Dec 201697,43048.763.72$28,099
Nov 20161957,86742.492.64$29,089
Oct 2016867,03846.193.09$25,722
Sep 201637,23941.553.10$22,570
Aug 201635,37541.442.92$15,843
Jul 20161075,34041.622.92$20,069
Jun 20161046,32445.352.69$21,702
May 201606,58942.521.99$13,119
Apr 20161176,72036.561.99$17,657
Mar 201656,74933.011.79$12,273
Feb 2016885,87626.472.06$14,455
Jan 2016586,17427.352.36$16,184
Dec 201506,05132.362.00$12,111
Nov 2015895,39738.792.17$15,149
Oct 2015795,84043.552.43$17,612
Sep 2015145,50942.992.76$15,798
Aug 2015965,73740.162.87$20,335
Jul 20151817,18448.152.95$29,873
Jun 2015210,24756.152.88$29,653
May 20151999,76855.212.96$39,856
Apr 201568,89649.822.71$24,377
Mar 20151958,59542.892.93$33,587
Feb 20152008,04644.662.98$32,878
Jan 20151939,54843.433.10$37,987
Dec 2014010,00854.693.59$35,942
Nov 201408,09870.464.25$34,431
Oct 20141948,68278.303.90$49,058
Sep 201407,37286.164.05$29,823
Aug 201418,77689.394.04$35,502
Jul 201419010,35296.564.18$61,614
Jun 201419511,39798.164.74$73,127
May 20141412,17694.734.73$58,877
Apr 2014010,87495.944.81$52,294
Mar 201419214,18895.895.06$90,157
Feb 201418410,80997.406.19$84,851
Jan 201419110,19590.404.86$66,821
Dec 2013010,07891.824.35$43,884
Nov 20131949,44388.853.74$52,537
Oct 201312810,10797.423.78$50,668
Sep 201318610,132104.113.72$57,033
Aug 201316910,932104.253.52$56,127
Jul 201319010,653102.523.72$59,084
Jun 2013010,54994.403.93$41,494
May 201318110,07994.834.15$58,983
Apr 20131949,49493.964.28$58,887
Mar 2013012,19493.623.91$47,714
Feb 201318012,01691.233.42$57,515
Jan 201320113,80091.603.42$65,606
Dec 201219514,94186.773.42$68,021
Nov 201220216,59186.953.62$77,706
Oct 201220717,99889.383.40$79,689
Sep 201215617,68294.672.92$66,372
Aug 201215119,44092.662.91$70,526
Jul 201220120,75685.133.02$79,811
Jun 201220020,68279.822.52$68,063
May 201219620,90591.612.49$69,974
Apr 201219720,801101.652.00$61,560
Mar 201220019,989105.052.22$65,427
Feb 201219621,376101.102.57$74,757
Jan 201218020,53898.092.73$73,809
Dec 201138924,14596.873.24$115,906
Nov 201120025,65995.723.31$104,108
Oct 201118427,22884.983.65$114,979
Sep 201120326,77283.623.99$123,683
Aug 201119429,66183.404.15$139,253
Jul 201137630,18994.144.52$171,768
Jun 201157729,93492.904.64$192,493
May 201138831,68698.134.40$177,646
Apr 201138232,545105.964.33$181,503
Mar 201138836,39496.364.06$185,051
Feb 201138033,19685.644.18$171,302
Jan 201158638,84686.504.59$228,945
Dec 201058241,26085.734.35$229,283
Nov 201039040,69780.843.80$185,986
Oct 201058243,10378.103.51$196,698
Sep 201074943,63072.633.98$228,024
Aug 201038647,28373.684.42$237,401
Jul 201075950,44672.554.74$294,002
Jun 201057742,30770.364.91$248,342
May 201095755,27771.124.24$302,172
Apr 201077055,24781.694.12$290,668
Mar 201091864,76978.394.39$356,212
Feb 201096963,23973.585.44$415,468
Jan 20101,13874,57874.365.96$529,412
Dec 200977882,34471.445.48$507,134
Nov 20091,35589,78374.593.75$437,890
Oct 20091,53591,01072.544.11$485,423
Sep 20091,34788,74265.543.06$360,254
Aug 20091,870104,15467.423.22$461,295
Jul 20091,31453,38261.133.46$265,267
Jun 20091,897117,34066.163.90$582,545
May 20092,451143,60854.743.93$697,937
Apr 20092,683158,90746.773.59$695,563
Mar 20093,832178,80742.144.06$887,258
Feb 20092,775133,61732.814.63$710,095

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            41 bbl  × $106.41 =     $4,363
Gas                2,534 Mcf  × $  3.05 =     $7,718

────────────────────────────────────────────────────
Month total                                  $12,081

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/247363 is the state's own key, not one this site invented.