PHARR FIELDWIDE UNIT

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

Gas lease lease 262312District 04Field 587495002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Jun 2011 – May 2026
Value, last 12 filed months
$179 k
at the published price for each month
Months reported
180
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 99 leases and 99 wells, and the rule below applies to all of them.

Discovered
2013-09-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-09-24.

The Commission's schedule remark for this field reads: TRANSFER IS 10/01/13.

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 Gas112020-04-16224049
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
CondensateDisposition7,197 bbl$581,594
GasProduction780,381 Mcf$2,540,886
Total$3,122,480

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 26.1638, -98.1598. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.16376, -98.15984 · 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
12,860 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 12,860 ft.

Completions filed
Jul 2011
1 of 1 wells

1 well

42-2153241733ST12,860 ftJul 2011

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 (180)

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

180 months

May 2026343,232106.413.05$13,462
Apr 2026233,07798.932.87$11,106
Mar 2026243,44589.753.15$13,004
Feb 2026233,30063.503.75$13,837
Jan 2026273,57559.138.00$30,189
Dec 2025243,67656.664.41$17,583
Nov 2025243,54058.593.93$15,306
Oct 2025243,64359.383.30$13,465
Sep 2025343,69062.743.08$13,487
Aug 2025193,79163.933.01$12,644
Jul 2025123,88466.743.32$13,677
Jun 202533,62666.483.13$11,544
May 202554,00760.553.23$13,255
Apr 202573,85062.363.54$14,078
Mar 202574,12667.704.27$18,085
Feb 2025303,70470.884.34$18,205
Jan 2025544,13374.324.28$21,697
Dec 2024374,31068.993.12$16,006
Nov 2024383,44569.052.20$10,198
Oct 2024584,38771.372.28$14,148
Sep 2024374,36569.612.36$12,896
Aug 2024384,56975.632.06$12,303
Jul 2024384,67179.932.15$13,064
Jun 2024394,55678.082.63$15,046
May 2024564,41778.812.20$14,124
Apr 2024574,90084.451.66$12,944
Mar 2024565,63680.301.55$13,205
Feb 2024375,77776.091.78$13,119
Jan 2024576,98373.023.30$27,190
Dec 2023747,60671.262.61$25,130
Nov 20233819877.892.81$3,516
Oct 20235820885.443.09$5,598
Sep 20235725789.042.74$5,778
Aug 202320280.522.67$1,616
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202310070.622.23$706
Apr 20231941878.122.24$2,420
Mar 2023401,00872.852.39$5,326
Feb 2023431,12775.112.47$6,009
Jan 20236297676.533.39$8,051
Dec 2022501,06476.415.73$9,916
Nov 2022401,23085.005.65$10,345
Oct 20225992287.185.86$10,550
Sep 2022281,06984.888.16$11,104
Aug 2022170494.529.13$6,520
Jul 20220972101.587.54$7,331
Jun 202201,217115.097.98$9,708
May 202201,180109.378.43$9,951
Apr 20220459104.226.84$3,138
Mar 20220765108.885.08$3,883
Feb 2022093791.054.86$4,553
Jan 202201,28781.844.54$5,840
Dec 202101,11571.323.90$4,348
Nov 202101,40277.435.24$7,342
Oct 202101,63979.795.71$9,365
Sep 202101,23069.865.35$6,582
Aug 202101,09466.024.22$4,617
Jul 202101,19670.783.98$4,763
Jun 202101,19269.493.38$4,030
May 202101,13763.483.02$3,431
Apr 202101,41760.362.76$3,909
Mar 202101,47261.302.72$3,999
Feb 202101,48457.805.55$8,233
Jan 202101,75050.412.81$4,918
Dec 202001,59544.642.68$4,267
Nov 202001,67938.772.71$4,544
Oct 202001,89136.972.48$4,687
Sep 202001,75737.091.99$3,498
Aug 202001,92139.982.39$4,582
Jul 202001,37338.371.83$2,506
Jun 202001,79734.901.69$3,037
May 202001,78916.921.81$3,247
Apr 202001,60714.751.80$2,900
Mar 202002,08930.341.86$3,878
Feb 202001,98749.881.98$3,936
Jan 202002,11957.252.09$4,439
Dec 201902,31759.012.30$5,339
Nov 201902,04955.302.75$5,636
Oct 201902,03653.472.42$4,924
Sep 201902,00155.052.66$5,317
Aug 201902,11553.112.30$4,874
Jul 201902,15456.272.46$5,299
Jun 201902,03452.782.49$5,067
May 201902,38358.482.74$6,530
Apr 201902,13862.632.75$5,881
Mar 201902,22656.803.06$6,816
Feb 201901,97550.852.79$5,515
Jan 201902,12646.033.23$6,863
Dec 201802,14046.594.19$8,957
Nov 201802,13752.934.24$9,055
Oct 201801,04061.443.40$3,534
Sep 201802,37259.543.11$7,372
Aug 201802,61159.403.07$8,007
Jul 2018182,68865.142.93$9,053
Jun 2018232,61360.183.08$9,424
May 2018401,82265.382.90$7,900
Apr 2018291,02063.842.90$4,810
Mar 20184770361.222.79$4,836
Feb 2018292,51461.782.77$8,746
Jan 2018462,72662.874.01$13,821
Dec 2017342,81057.272.92$10,157
Nov 2017462,77255.423.12$11,193
Oct 2017372,75449.292.98$10,041
Sep 2017212,36447.523.09$8,296
Aug 201772,45145.373.00$7,681
Jul 201763,33143.873.09$10,547
Jun 201783,34342.493.09$10,661
May 2017144,75645.373.26$16,156
Apr 2017103,58547.933.21$11,993
Mar 201793,65846.772.98$11,335
Feb 201763,35250.452.95$10,200
Jan 201723,35949.413.42$11,583
Dec 201603,13348.763.72$11,664
Nov 201603,60342.492.64$9,528
Oct 201603,31346.193.09$10,238
Sep 201603,20141.553.10$9,925
Aug 201603,09441.442.92$9,048
Jul 201603,57041.622.92$10,440
Jun 201602,91545.352.69$7,829
May 201604,07742.521.99$8,117
Apr 201603,98336.561.99$7,930
Mar 201604,02033.011.79$7,212
Feb 201603,55726.472.06$7,340
Jan 2016163,54627.352.36$8,822
Dec 2015613,72932.362.00$9,437
Nov 2015993,46938.792.17$11,359
Oct 20151033,73543.552.43$13,549
Sep 2015664,24642.992.76$14,550
Aug 2015644,45440.162.87$15,364
Jul 2015634,55248.152.95$16,439
Jun 2015614,46656.152.88$16,300
May 2015624,80355.212.96$17,618
Apr 2015614,46149.822.71$15,113
Mar 2015744,79942.892.93$17,258
Feb 2015724,33544.662.98$16,117
Jan 2015754,75543.433.10$18,001
Dec 2014554,77454.693.59$20,153
Nov 2014884,88570.464.25$26,971
Oct 2014695,05978.303.90$25,138
Sep 2014824,54486.164.05$25,448
Aug 2014655,21889.394.04$26,866
Jul 2014825,18896.564.18$29,602
Jun 20141205,09998.164.74$35,933
May 2014695,23294.734.73$31,266
Apr 2014645,51195.944.81$32,643
Mar 2014665,82895.895.06$35,800
Feb 2014655,15397.406.19$38,238
Jan 2014616,06490.404.86$34,990
Dec 2013705,94491.824.35$32,310
Nov 2013796,18788.853.74$30,148
Oct 2013647,11797.423.78$33,133
Sep 2013596,994104.113.72$32,144
Aug 2013787,453104.253.52$34,386
Jul 2013707,814102.523.72$36,227
Jun 2013808,31094.403.93$40,239
May 2013869,07894.834.15$45,821
Apr 20131049,09293.964.28$48,709
Mar 20131009,64593.623.91$47,102
Feb 2013848,94691.233.42$38,258
Jan 201311710,21391.603.42$45,645
Dec 201211210,90986.773.42$47,029
Nov 201212410,91686.953.62$50,352
Oct 201214111,85189.383.40$52,892
Sep 201212912,16794.672.92$47,721
Aug 201214913,32792.662.91$52,563
Jul 201216814,42085.133.02$57,862
Jun 201213214,45179.822.52$46,939
May 201216916,45391.612.49$56,422
Apr 201215116,292101.652.00$47,881
Mar 201217117,549105.052.22$56,959
Feb 201213516,924101.102.57$57,147
Jan 201218819,73798.092.73$72,403
Dec 201117320,68596.873.24$83,773
Nov 201114919,34495.723.31$78,316
Oct 201114917,11684.983.65$75,110
Sep 201110512,06583.623.99$56,869
Aug 201114512,88383.404.15$65,549
Jul 20110094.144.52$0
Jun 20110092.904.64$0

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            34 bbl  × $106.41 =     $3,618
Gas                3,232 Mcf  × $  3.05 =     $9,844

────────────────────────────────────────────────────
Month total                                  $13,462

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/262312 is the state's own key, not one this site invented.