GARZA, A. M.-STATE

Operated by MERIT ENERGY COMPANY (P-5 561136) in the RINCON, N. (VICKSBURG CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 256548District 04Field 76723450NGPA filingCondensateGasSaveExport
Value, all time
$5.7 M
Mar 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
195
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 101 leases and 101 wells, and the rule below applies to all of them.

Discovered
1999-05-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 2005-01-01.

The Commission's schedule remark for this field reads: PRORATION AND SAID ALLOWABLES SHALL BE SET AT CAPACITY.

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
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
CondensateDisposition28,391 bbl$2,456,141
GasProduction868,038 Mcf$3,265,099
Total$5,721,240

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 26.6070, -98.5308. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.60702, -98.53078 · 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
9,284 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 9,284 ft.

Completions filed
Mar 2010
1 of 1 wells

1 well

42-42734480219,284 ftMar 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 (195)

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

195 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 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202220115.097.98$230
May 2022140109.378.43$1,531
Apr 2022210104.226.84$2,189
Mar 2022230108.885.08$2,504
Feb 202219091.054.86$1,730
Jan 202222081.844.54$1,800
Dec 202123071.323.90$1,640
Nov 202124077.435.24$1,858
Oct 202127079.795.71$2,154
Sep 202128069.865.35$1,956
Aug 202129066.024.22$1,915
Jul 202125070.783.98$1,770
Jun 20218069.493.38$556
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20211050.412.81$50
Dec 2020111144.642.68$520
Nov 2020161838.772.71$669
Oct 2020172036.972.48$678
Sep 2020161737.091.99$627
Aug 2020161939.982.39$685
Jul 2020171838.371.83$685
Jun 2020161934.901.69$591
May 2020212016.921.81$392
Apr 2020182214.751.80$305
Mar 2020192230.341.86$617
Feb 2020212249.881.98$1,091
Jan 2020242557.252.09$1,426
Dec 2019252859.012.30$1,540
Nov 2019283255.302.75$1,636
Oct 2019261653.472.42$1,429
Sep 20191055.052.66$55
Aug 2019241153.112.30$1,300
Jul 2019364056.272.46$2,124
Jun 2019374352.782.49$2,060
May 2019192158.482.74$1,169
Apr 2019101062.632.75$654
Mar 2019103256.803.06$666
Feb 2019104450.852.79$631
Jan 2019114246.033.23$642
Dec 2018105046.594.19$675
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 201807461.222.79$206
Feb 201804061.782.77$111
Jan 201807762.874.01$309
Dec 201709757.272.92$283
Nov 201705155.423.12$159
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170145.373.00$3
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 201606041.622.92$175
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160233.011.79$4
Feb 20160026.472.06$0
Jan 201604627.352.36$109
Dec 201504732.362.00$94
Nov 201503838.792.17$82
Oct 201505343.552.43$129
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 201513648.152.95$154
Jun 20150456.152.88$12
May 201514555.212.96$188
Apr 201514449.822.71$169
Mar 20150042.892.93$0
Feb 20150644.662.98$18
Jan 20150043.433.10$0
Dec 2014423254.693.59$1,052
Nov 2014231,27770.464.25$7,050
Oct 20141765478.303.90$3,882
Sep 20141016,46486.164.05$34,852
Aug 20141116,84689.394.04$37,547
Jul 2014523,49496.564.18$19,625
Jun 2014886,22998.164.74$38,144
May 20141096,82894.734.73$42,599
Apr 20141126,79795.944.81$43,433
Mar 20141147,04295.895.06$46,541
Feb 2014533,05197.406.19$24,054
Jan 2014874,98190.404.86$32,076
Dec 20131418,12591.824.35$48,327
Nov 20131057,32088.853.74$36,693
Oct 20131207,93797.423.78$41,687
Sep 20131208,294104.113.72$43,328
Aug 20131319,122104.253.52$45,790
Jul 20131399,538102.523.72$49,710
Jun 20131249,31294.403.93$48,334
May 201315510,20694.834.15$57,044
Apr 20131519,68293.964.28$55,652
Mar 201316810,27593.623.91$55,933
Feb 201316810,64591.233.42$51,732
Jan 201322212,90991.603.42$64,483
Dec 201223914,15586.773.42$69,150
Nov 201223913,68386.953.62$70,381
Oct 201223514,62589.383.40$70,725
Sep 201224514,90994.672.92$66,705
Aug 201226516,17592.662.91$71,594
Jul 201229417,39085.133.02$77,560
Jun 201228017,38579.822.52$66,143
May 201230319,08591.612.49$75,247
Apr 201230320,135101.652.00$71,006
Mar 201229122,347105.052.22$80,226
Feb 201236622,618101.102.57$95,136
Jan 201237822,48298.092.73$98,546
Dec 201141523,79796.873.24$117,297
Nov 201138424,55395.723.31$118,058
Oct 201141526,79284.983.65$133,018
Sep 201144430,23183.623.99$157,622
Aug 201144732,23483.404.15$171,029
Jul 201139328,30394.144.52$164,848
Jun 201146530,04292.904.64$182,590
May 201154433,96098.134.40$202,970
Apr 20111,63837,393105.964.33$335,597
Mar 20111,88639,97796.364.06$343,935
Feb 20111,82733,95985.644.18$298,412
Jan 20112,01641,01486.504.59$362,588
Dec 20102,00337,42785.734.35$334,440
Nov 20101,84334,02280.843.80$278,113
Oct 20101,08424,37178.103.51$170,176
Sep 201016216672.633.98$12,427
Aug 201069475073.684.42$54,448
Jul 20109661,07172.554.74$75,156
Jun 20101,0021,06870.364.91$75,745
May 20101,2811,41871.124.24$97,110
Apr 20101,6521,86381.694.12$142,632
Mar 2010495578.394.39$4,082

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.

Jun 2022 — as filed, then multipliedworked
Condensate             2 bbl  × $115.09 =       $230
Gas                    0 Mcf  × $  7.98 =         $0

────────────────────────────────────────────────────
Month total                                     $230

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/256548 is the state's own key, not one this site invented.