BTLT B

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

Gas lease lease 268849District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.7 M
Jun 2012 – May 2026
Value, last 12 filed months
$143 k
at the published price for each month
Months reported
168
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 246 leases and 246 wells, and the rule below applies to all of them.

Discovered
1995-04-25
as the register files it
Field class
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 2009-09-01.

The Commission's schedule remark for this field reads: WITH DUPLICATE IN APRIL.

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 Gas112016-04-06210903
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
CondensateDisposition38,534 bbl$2,795,679
GasProduction1,466,164 Mcf$4,929,970
Total$7,725,650

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 26.4890, -98.4621. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.48899, -98.46211 · 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
11,143 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 11,143 ft.

Completions filed
Jun 2012
1 of 1 wells

1 well

42-215340561211,143 ftJun 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 (168)

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

168 months

May 2026333,553106.413.05$14,333
Apr 20261590798.932.87$4,087
Mar 2026323,25189.753.15$13,111
Feb 2026323,33263.503.75$14,528
Jan 2026302,65159.138.00$22,976
Dec 2025152,76956.664.41$13,070
Nov 2025152,49758.593.93$10,683
Oct 2025283,04659.383.30$11,729
Sep 2025122,66762.743.08$8,959
Aug 2025142,44663.933.01$8,269
Jul 2025273,11666.743.32$12,132
Jun 2025112,80266.483.13$9,498
May 2025242,36360.553.23$9,091
Apr 2025162,45762.363.54$9,703
Mar 20251553,92867.704.27$27,259
Feb 2025613,32870.884.34$18,770
Jan 20251081,29574.324.28$13,567
Dec 20241122,29568.993.12$14,890
Nov 2024592,07269.052.20$8,629
Oct 20241101,06071.372.28$10,269
Sep 20245889369.612.36$6,149
Aug 20245195575.632.06$5,828
Jul 20243263579.932.15$3,921
Jun 20243659478.082.63$4,375
May 2024361,62578.812.20$6,410
Apr 2024782,45984.451.66$10,667
Mar 2024762,64480.301.55$10,188
Feb 2024802,48976.091.78$10,527
Jan 20241202,81273.023.30$18,035
Dec 2023732,99371.262.61$13,016
Nov 2023392,34977.892.81$9,633
Oct 2023843,20485.443.09$17,069
Sep 2023433,37689.042.74$13,062
Aug 20231172,42280.522.67$15,895
Jul 2023722,13574.852.64$11,029
Jun 20231351,71868.962.26$13,190
May 2023711,95170.622.23$9,360
Apr 20231512,50878.122.24$17,408
Mar 20231452,48172.852.39$16,501
Feb 20231462,29475.112.47$16,622
Jan 20231412,75076.533.39$20,107
Dec 20222072,58276.415.73$30,609
Nov 20221442,35285.005.65$25,520
Oct 20221422,59287.185.86$27,578
Sep 20221442,39084.888.16$31,734
Aug 20221432,83894.529.13$39,419
Jul 20221722,883101.587.54$39,216
Jun 20221862,856115.097.98$44,190
May 2022932,839109.378.43$34,113
Apr 20221832,590104.226.84$36,782
Mar 20222772,837108.885.08$44,562
Feb 20222722,95091.054.86$39,099
Jan 20221842,46481.844.54$26,239
Dec 20212773,20171.323.90$32,237
Nov 20212752,75777.435.24$35,731
Oct 20211862,60179.795.71$29,703
Sep 20211802,86669.865.35$27,911
Aug 20211893,26566.024.22$26,258
Jul 20211803,28170.783.98$25,806
Jun 20212702,69069.493.38$27,856
May 20211812,99863.483.02$20,537
Apr 20212143,35160.362.76$22,161
Mar 20213623,30061.302.72$31,157
Feb 20212432,67457.805.55$28,881
Jan 20212463,11650.412.81$21,158
Dec 20201163,13344.642.68$13,560
Nov 20202413,26038.772.71$18,167
Oct 20202503,39636.972.48$17,659
Sep 20201203,02237.091.99$10,468
Aug 20202503,53439.982.39$18,424
Jul 20201243,16438.371.83$10,533
Jun 20202463,16334.901.69$13,932
May 20202803,44016.921.81$10,980
Apr 20203523,62814.751.80$11,738
Mar 20203653,40130.341.86$17,387
Feb 20203823,17249.881.98$25,337
Jan 20203533,61857.252.09$27,788
Dec 20193563,73159.012.30$29,605
Nov 20193693,41355.302.75$29,794
Oct 20193743,47153.472.42$28,393
Sep 20193673,72555.052.66$30,102
Aug 20195493,92153.112.30$38,193
Jul 20193603,85556.272.46$29,741
Jun 20193714,24052.782.49$30,144
May 20194624,38858.482.74$39,042
Apr 20192964,10662.632.75$29,833
Mar 20193814,36956.803.06$35,019
Feb 20192914,01250.852.79$26,000
Jan 20193834,24346.033.23$31,327
Dec 20183824,43346.594.19$36,351
Nov 20183794,71352.934.24$40,031
Oct 20182974,71861.443.40$34,280
Sep 20184234,91059.543.11$40,446
Aug 20185606,28359.403.07$52,531
Jul 20185704,99065.142.93$51,760
Jun 20185575,45760.183.08$50,311
May 20185675,80665.382.90$53,913
Apr 20186255,75363.842.90$56,588
Mar 20183185,16361.222.79$33,856
Feb 20182455,40661.782.77$30,090
Jan 20182285,98962.874.01$38,346
Dec 20172275,92557.272.92$30,310
Nov 20172835,89155.423.12$34,054
Oct 20172036,20949.292.98$28,532
Sep 20172007,45747.523.09$32,526
Aug 20171354,77645.373.00$20,474
Jul 2017556,03043.873.09$21,029
Jun 2017706,11542.493.09$21,853
May 2017696,40345.373.26$24,026
Apr 2017465,47847.933.21$19,798
Mar 2017686,24146.772.98$21,802
Feb 2017285,85650.452.95$18,703
Jan 2017566,12349.413.42$23,700
Dec 2016436,34748.763.72$25,725
Nov 2016766,34142.492.64$19,997
Oct 2016676,82046.193.09$24,170
Sep 2016686,46241.553.10$22,862
Aug 2016367,25341.442.92$22,702
Jul 201616,81341.622.92$19,965
Jun 201606,54345.352.69$17,573
May 201606,59042.521.99$13,121
Apr 201607,03036.561.99$13,997
Mar 201607,19333.011.79$12,904
Feb 201607,00726.472.06$14,460
Jan 201608,05327.352.36$19,040
Dec 201508,25032.362.00$16,512
Nov 201507,93138.792.17$17,189
Oct 201508,68443.552.43$21,072
Sep 2015177,59842.992.76$21,689
Aug 2015408,28040.162.87$25,391
Jul 2015938,98948.152.95$30,951
Jun 2015988,12756.152.88$28,932
May 2015799,60655.212.96$32,752
Apr 2015999,20149.822.71$29,835
Mar 2015999,55942.892.93$32,299
Feb 20151008,69244.662.98$30,335
Jan 20151369,14943.433.10$34,274
Dec 201411912,50354.693.59$51,411
Nov 201411811,98670.464.25$59,277
Oct 20149511,62678.303.90$52,791
Sep 201413112,09286.164.05$60,204
Aug 201416412,70489.394.04$65,922
Jul 201417414,28696.564.18$76,511
Jun 201430514,33198.164.74$97,823
May 201471115,13894.734.73$138,904
Apr 201448515,86395.944.81$122,818
Mar 201428717,38995.895.06$115,453
Feb 201426219,45397.406.19$145,972
Jan 201422911,01690.404.86$74,247
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201342976297.423.78$44,673
Sep 2013386755104.113.72$42,993
Aug 20134356,231104.253.52$67,298
Jul 201352925,748102.523.72$149,957
Jun 201339525,93194.403.93$139,285
May 201345128,21994.834.15$159,851
Apr 201348328,82893.964.28$168,841
Mar 201361032,51993.623.91$184,351
Feb 201345931,10491.233.42$148,247
Jan 201356035,15591.603.42$171,523
Dec 201268938,18086.773.42$190,366
Nov 201267346,89486.953.62$228,506
Oct 201274055,42689.383.40$254,572
Sep 201270964,01594.672.92$253,942
Aug 201292783,70292.662.91$329,315
Jul 20121,887112,30585.133.02$499,891
Jun 20122,168106,56079.822.52$441,479

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            33 bbl  × $106.41 =     $3,512
Gas                3,553 Mcf  × $  3.05 =    $10,822

────────────────────────────────────────────────────
Month total                                  $14,333

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/268849 is the state's own key, not one this site invented.