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 267005District 04Field 587495002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Jan 2012 – May 2026
Value, last 12 filed months
$76 k
at the published price for each month
Months reported
173
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 Gas112020-04-16224050
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
CondensateDisposition2,103 bbl$111,626
GasProduction520,715 Mcf$1,737,387
Total$1,849,013

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 26.1621, -98.1508. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.16214, -98.15084 · 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
13,100 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 13,100 ft.

Completions filed
Feb 2012
1 of 1 wells

1 well

42-215323422713,100 ftFeb 2012

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 (173)

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

173 months

May 2026121,394106.413.05$5,523
Apr 202691,37098.932.87$4,822
Mar 202691,46689.753.15$5,425
Feb 202681,40863.503.75$5,788
Jan 2026101,53859.138.00$12,892
Dec 202591,54656.664.41$7,333
Nov 202591,52858.593.93$6,527
Oct 202591,60459.383.30$5,835
Sep 2025121,60362.743.08$5,685
Aug 202571,66363.933.01$5,461
Jul 202541,68066.743.32$5,837
Jun 202511,65066.483.13$5,229
May 202521,71560.553.23$5,665
Apr 202521,64062.363.54$5,935
Mar 202531,73367.704.27$7,600
Feb 2025113,04970.884.34$14,015
Jan 2025201,24174.324.28$6,796
Dec 2024141,34768.993.12$5,170
Nov 2024141,42169.052.20$4,091
Oct 2024211,64671.372.28$5,254
Sep 2024141,63869.612.36$4,847
Aug 2024141,72375.632.06$4,614
Jul 2024141,71979.932.15$4,809
Jun 2024131,68778.082.63$5,459
May 2024201,69578.812.20$5,303
Apr 2024211,67484.451.66$4,551
Mar 2024201,75280.301.55$4,313
Feb 2024141,65676.091.78$4,019
Jan 2024211,89173.023.30$7,769
Dec 2023271,91471.262.61$6,921
Nov 2023141,83677.892.81$6,245
Oct 2023212,10985.443.09$8,305
Sep 2023211,54089.042.74$6,082
Aug 202371,10880.522.67$3,525
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20234070.622.23$282
Apr 2023774778.122.24$2,218
Mar 2023141,78072.852.39$5,280
Feb 2023161,63775.112.47$5,238
Jan 2023221,67476.533.39$7,355
Dec 2022181,67876.415.73$10,989
Nov 2022151,67785.005.65$10,744
Oct 2022211,56987.185.86$11,031
Sep 2022101,50784.888.16$13,151
Aug 202201,55394.529.13$14,174
Jul 202201,614101.587.54$12,173
Jun 202201,554115.097.98$12,397
May 202201,842109.378.43$15,534
Apr 20220983104.226.84$6,721
Mar 202201,804108.885.08$9,158
Feb 202201,51691.054.86$7,366
Jan 202201,81681.844.54$8,240
Dec 202101,83871.323.90$7,167
Nov 202101,75277.435.24$9,175
Oct 202101,79179.795.71$10,234
Sep 202101,76769.865.35$9,455
Aug 202101,87766.024.22$7,922
Jul 202101,88070.783.98$7,486
Jun 202101,79369.493.38$6,061
May 202101,83363.483.02$5,531
Apr 202101,86360.362.76$5,139
Mar 202101,94761.302.72$5,290
Feb 202101,76957.805.55$9,814
Jan 202101,97450.412.81$5,547
Dec 202001,99644.642.68$5,340
Nov 202001,94438.772.71$5,262
Oct 202002,01136.972.48$4,984
Sep 202001,91837.091.99$3,819
Aug 202002,04039.982.39$4,866
Jul 202002,09238.371.83$3,818
Jun 202002,04734.901.69$3,460
May 202002,11516.921.81$3,838
Apr 202002,11114.751.80$3,809
Mar 202002,21530.341.86$4,112
Feb 202002,03849.881.98$4,037
Jan 202002,21757.252.09$4,644
Dec 201902,12459.012.30$4,894
Nov 201902,10155.302.75$5,779
Oct 201902,19553.472.42$5,309
Sep 201902,15955.052.66$5,737
Aug 201902,15053.112.30$4,954
Jul 201901,63756.272.46$4,027
Jun 201902,13452.782.49$5,316
May 201902,30758.482.74$6,322
Apr 201902,32162.632.75$6,384
Mar 201902,41756.803.06$7,401
Feb 201902,09450.852.79$5,847
Jan 201902,34546.033.23$7,570
Dec 201802,22646.594.19$9,317
Nov 201802,10152.934.24$8,902
Oct 201801,75761.443.40$5,970
Sep 201802,25359.543.11$7,002
Aug 201802,55459.403.07$7,832
Jul 2018182,67665.142.93$9,018
Jun 2018242,63660.183.08$9,555
May 2018462,55765.382.90$10,425
Apr 2018322,56863.842.90$9,492
Mar 2018531,38961.222.79$7,116
Feb 2018334461.782.77$2,160
Jan 2018525962.874.01$3,506
Dec 2017391,51257.272.92$6,651
Nov 2017522,79555.423.12$11,598
Oct 2017422,81349.292.98$10,463
Sep 2017233,03147.523.09$10,451
Aug 201742,21145.373.00$6,824
Jul 201702,98843.873.09$9,225
Jun 201702,92542.493.09$9,030
May 201794,16645.373.26$14,004
Apr 201703,12947.933.21$10,049
Mar 201703,24246.772.98$9,673
Feb 2017132,95250.452.95$9,372
Jan 2017523,30249.413.42$13,858
Dec 2016603,35848.763.72$15,427
Nov 201663,20942.492.64$8,741
Oct 2016873,04746.193.09$13,435
Sep 2016952,92741.553.10$13,023
Aug 2016922,98741.442.92$12,547
Jul 20161183,17541.622.92$14,196
Jun 2016652,82645.352.69$10,538
May 20161093,50342.521.99$11,609
Apr 2016873,49036.561.99$10,129
Mar 20161703,78433.011.79$12,400
Feb 2016763,54026.472.06$9,317
Jan 2016553,66127.352.36$10,160
Dec 2015373,67532.362.00$8,553
Nov 201503,48138.792.17$7,544
Oct 201503,68243.552.43$8,935
Sep 201503,70142.992.76$10,209
Aug 201503,93240.162.87$11,295
Jul 201503,95648.152.95$11,651
Jun 201503,84256.152.88$11,076
May 201503,96855.212.96$11,727
Apr 201503,67149.822.71$9,936
Mar 201504,06442.892.93$11,927
Feb 201503,72944.662.98$11,098
Jan 201504,18143.433.10$12,964
Dec 201404,05154.693.59$14,549
Nov 201404,17370.464.25$17,743
Oct 201404,28778.303.90$16,723
Sep 201404,01486.164.05$16,238
Aug 201404,50189.394.04$18,162
Jul 201404,48596.564.18$18,746
Jun 201404,40698.164.74$20,871
May 201404,59094.734.73$21,695
Apr 201404,75195.944.81$22,848
Mar 201405,11295.895.06$25,850
Feb 201404,80497.406.19$29,746
Jan 201405,38490.404.86$26,170
Dec 201305,22291.824.35$22,739
Nov 201305,26288.853.74$19,671
Oct 201306,06197.423.78$22,907
Sep 201305,722104.113.72$21,273
Aug 201305,911104.253.52$20,822
Jul 201305,822102.523.72$21,645
Jun 201306,07594.403.93$23,895
May 201306,28594.834.15$26,077
Apr 201306,59093.964.28$28,222
Mar 201307,02693.623.91$27,492
Feb 201306,58191.233.42$22,506
Jan 201307,59891.603.42$25,984
Dec 201207,78386.773.42$26,619
Nov 201207,78686.953.62$28,224
Oct 201208,54289.383.40$29,040
Sep 201209,14594.672.92$26,689
Aug 2012010,18892.662.91$29,628
Jul 2012010,00785.133.02$30,229
Jun 201207,48479.822.52$18,853
May 201207,75791.612.49$19,302
Apr 201208,605101.652.00$17,182
Mar 2012012,184105.052.22$27,074
Feb 201205,299101.102.57$13,620
Jan 20120098.092.73$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            12 bbl  × $106.41 =     $1,277
Gas                1,394 Mcf  × $  3.05 =     $4,246

────────────────────────────────────────────────────
Month total                                   $5,523

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/267005 is the state's own key, not one this site invented.