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 253403District 04Field 486308002 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.6 M
Nov 2009 – May 2026
Value, last 12 filed months
$170 k
at the published price for each month
Months reported
199
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 Gas112010-10-28200232
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
CondensateDisposition38,800 bbl$2,931,167
GasProduction2,633,478 Mcf$10,680,307
Total$13,611,475

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 26.7871, -98.3232. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.78706, -98.32322 · 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
11,522 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 11,522 ft.

Completions filed
Jan 2010
1 of 1 wells

1 well

42-0473238662911,522 ftJan 2010

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 (199)

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

199 months

May 20262182,371106.413.05$30,419
Apr 202602,79698.932.87$8,024
Mar 2026192,83989.753.15$10,647
Feb 2026182,56063.503.75$10,744
Jan 2026192,84859.138.00$23,902
Dec 20252182,66956.664.41$24,131
Nov 2025182,81358.593.93$12,100
Oct 2025193,01359.383.30$11,086
Sep 2025132,71862.743.08$9,179
Aug 2025182,81263.933.01$9,628
Jul 2025192,85866.743.32$10,743
Jun 2025182,57266.483.13$9,244
May 20252022,59560.553.23$20,619
Apr 2025192,70862.363.54$10,780
Mar 2025182,84767.704.27$13,371
Feb 2025192,64870.884.34$12,841
Jan 2025372,74074.324.28$14,473
Dec 2024382,91268.993.12$11,711
Nov 20241972,72869.052.20$19,600
Oct 2024192,95671.372.28$8,100
Sep 2024193,63069.612.36$9,905
Aug 2024182,46375.632.06$6,444
Jul 2024193,44079.932.15$8,903
Jun 2024363,32778.082.63$11,574
May 20241992,60278.812.20$21,404
Apr 2024192,98984.451.66$6,564
Mar 2024193,24880.301.55$6,544
Feb 20242163,37676.091.78$22,457
Jan 2024193,14073.023.30$11,742
Dec 2023362,80371.262.61$9,883
Nov 2023192,36777.892.81$8,125
Oct 2023563,20685.443.09$14,682
Sep 2023203,48489.042.74$11,310
Aug 2023412,99080.522.67$11,293
Jul 20232343,53174.852.64$26,843
Jun 2023372,89868.962.26$9,097
May 2023372,94370.622.23$9,168
Apr 2023203,52278.122.24$9,444
Mar 2023393,52972.852.39$11,287
Feb 2023202,93875.112.47$8,746
Jan 2023353,64976.533.39$15,040
Dec 20222773,79576.415.73$42,907
Nov 202203,47585.005.65$19,621
Oct 2022193,05087.185.86$19,541
Sep 2022383,45684.888.16$31,439
Aug 2022202,58394.529.13$25,466
Jul 2022403,821101.587.54$32,881
Jun 20222513,486115.097.98$56,696
May 202202,840109.378.43$23,950
Apr 2022403,509104.226.84$28,162
Mar 20222294,461108.885.08$47,579
Feb 2022212,87291.054.86$15,867
Jan 2022393,58681.844.54$19,464
Dec 2021192,65771.323.90$11,715
Nov 2021392,57677.435.24$16,510
Oct 20212203,64779.795.71$38,392
Sep 2021193,60869.865.35$20,633
Aug 2021373,70066.024.22$18,059
Jul 2021384,07570.783.98$18,917
Jun 20212003,88469.493.38$27,028
May 2021384,21363.483.02$15,126
Apr 2021353,82360.362.76$12,658
Mar 2021404,05461.302.72$13,466
Feb 2021393,33757.805.55$20,768
Jan 20212184,24650.412.81$22,922
Dec 2020194,52544.642.68$12,955
Nov 2020384,15638.772.71$12,722
Oct 2020373,28436.972.48$9,507
Sep 2020373,74837.091.99$8,835
Aug 20202204,79039.982.39$20,220
Jul 2020203,11538.371.83$6,453
Jun 2020754,33234.901.69$9,940
May 2020193,81316.921.81$7,241
Apr 2020513,89914.751.80$7,788
Mar 20201774,38430.341.86$13,508
Feb 20202564,37649.881.98$21,437
Jan 2020503,45857.252.09$10,106
Dec 2019204,20159.012.30$10,861
Nov 2019194,76355.302.75$14,152
Oct 20192154,21853.472.42$21,697
Sep 2019144,97755.052.66$13,996
Aug 201905,26453.112.30$12,130
Jul 201904,70056.272.46$11,562
Jun 20191853,03452.782.49$17,323
May 201903,30158.482.74$9,046
Apr 201903,45662.632.75$9,506
Mar 201905,57056.803.06$17,056
Feb 201903,06350.852.79$8,553
Jan 20191884,07646.033.23$21,812
Dec 201804,54746.594.19$19,031
Nov 20181905,24652.934.24$32,285
Oct 201805,25861.443.40$17,867
Sep 201805,58659.543.11$17,361
Aug 20181894,77259.403.07$25,860
Jul 201805,62865.142.93$16,501
Jun 201804,60460.183.08$14,166
May 201805,49665.382.90$15,943
Apr 201805,49563.842.90$15,940
Mar 201807,72761.222.79$21,534
Feb 201804,13061.782.77$11,424
Jan 20181025,27362.874.01$27,554
Dec 2017165,05457.272.92$15,682
Nov 201704,70155.423.12$14,659
Oct 20171554,73749.292.98$21,774
Sep 201754,38647.523.09$13,778
Aug 201734,30245.373.00$13,061
Jul 201744,10843.873.09$12,858
Jun 201704,66142.493.09$14,390
May 20171335,58545.373.26$24,260
Apr 201725,13547.933.21$16,587
Mar 201725,82146.772.98$17,462
Feb 20171894,76850.452.95$23,613
Jan 20171705,86349.413.42$28,444
Dec 201696,16148.763.72$23,375
Nov 201655,86942.492.64$15,732
Oct 2016106,11046.193.09$19,343
Sep 20161356,12041.553.10$24,585
Aug 201655,04241.442.92$14,952
Jul 20161216,25041.622.92$23,313
Jun 20161115,95545.352.69$21,028
May 201606,07742.521.99$12,100
Apr 201605,13336.561.99$10,220
Mar 20161055,86833.011.79$13,993
Feb 2016985,64226.472.06$14,237
Jan 201606,54827.352.36$15,482
Dec 201505,97632.362.00$11,960
Nov 2015586,65738.792.17$16,678
Oct 20151127,26943.552.43$22,516
Sep 2015927,33242.992.76$24,180
Aug 2015708,08040.162.87$26,021
Jul 20151757,24848.152.95$29,772
Jun 201546,68656.152.88$19,499
May 20152025,74555.212.96$28,131
Apr 201566,53149.822.71$17,976
Mar 201555,72142.892.93$17,004
Feb 20151905,46444.662.98$24,747
Jan 201507,12743.433.10$22,098
Dec 20141948,60854.693.59$41,524
Nov 201406,13370.464.25$26,077
Oct 201417,55978.303.90$29,566
Sep 20141926,19586.164.05$41,604
Aug 2014136,89889.394.04$28,996
Jul 201407,36496.564.18$30,779
Jun 20142026,98198.164.74$52,896
May 2014157,73194.734.73$37,962
Apr 201407,95395.944.81$38,247
Mar 20141938,79495.895.06$62,976
Feb 201407,48397.406.19$46,335
Jan 20141658,47790.404.86$56,120
Dec 20131978,96091.824.35$57,105
Nov 201308,20688.853.74$30,676
Oct 20131918,65097.423.78$51,299
Sep 20131839,414104.113.72$54,051
Aug 201309,592104.253.52$33,789
Jul 20131918,334102.523.72$50,565
Jun 201309,34794.403.93$36,766
May 20131789,67894.834.15$57,035
Apr 20131959,41893.964.28$58,656
Mar 2013010,15193.623.91$39,720
Feb 201318010,04791.233.42$50,781
Jan 201313411,38891.603.42$51,220
Dec 2012011,40686.773.42$39,010
Nov 201219411,35486.953.62$58,026
Oct 201219312,23989.383.40$58,859
Sep 2012012,46694.672.92$36,381
Aug 201214813,88292.662.91$54,085
Jul 2012015,00885.133.02$45,336
Jun 201217214,92179.822.52$51,316
May 201218916,09791.612.49$57,369
Apr 201219116,675101.652.00$52,712
Mar 201219517,795105.052.22$60,027
Feb 20123617,710101.102.57$49,159
Jan 201225018,54398.092.73$75,221
Dec 201112320,13096.873.24$77,131
Nov 201136420,76595.723.31$103,601
Oct 201118823,63184.983.65$102,195
Sep 201115623,63283.623.99$107,237
Aug 201119226,51183.404.15$126,015
Jul 201136326,68094.144.52$154,693
Jun 201138728,13692.904.64$166,500
May 201119230,79898.134.40$154,501
Apr 201153933,029105.964.33$200,236
Mar 201138037,09396.364.06$187,116
Feb 201137736,26185.644.18$183,857
Jan 201138645,31186.504.59$241,311
Dec 201058550,69685.734.35$270,566
Nov 201038654,18380.843.80$236,847
Oct 201057963,82978.103.51$269,189
Sep 201076670,96072.633.98$338,018
Aug 201077286,71873.684.42$440,119
Jul 20101,147103,98872.554.74$575,753
Jun 20101,473120,29170.364.91$694,317
May 20102,474146,94571.124.24$798,295
Apr 20102,669128,83481.694.12$749,173
Mar 20102,281121,34678.394.39$711,355
Feb 20102,658120,09673.585.44$849,181
Jan 20101,51770,36874.365.96$532,485
Dec 20093,192116,39671.445.48$866,323
Nov 20092,12967,56574.593.75$412,272

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           218 bbl  × $106.41 =    $23,197
Gas                2,371 Mcf  × $  3.05 =     $7,222

────────────────────────────────────────────────────
Month total                                  $30,419

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/253403 is the state's own key, not one this site invented.