WOODS CHRISTIAN

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

Gas lease lease 274897District 04Field 587423422 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.4 M
Jul 2014 – May 2026
Value, last 12 filed months
$74 k
at the published price for each month
Months reported
143
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 147 leases and 147 wells, and the rule below applies to all of them.

Discovered
2002-03-21
as the register files it
Field class
Gas
the register's own label
Between wells
0 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 2002-03-21.

The Commission's schedule remark for this field reads: TEST, THE PREVIOUS TEST MUST BE USED.

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 Gas112019-09-10224022
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
CondensateDisposition18,769 bbl$1,143,201
GasProduction2,560,276 Mcf$8,218,744
Total$9,361,945

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 26.6140, -98.3150. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.61398, -98.31501 · 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
11,754 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 11,754 ft.

Completions filed
Jul 2014
1 of 1 wells

1 well

42-215341175111,754 ftJul 2014

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 (143)

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

143 months

May 20260324106.413.05$987
Apr 2026025298.932.87$723
Mar 2026010589.753.15$331
Feb 2026075463.503.75$2,828
Jan 202601,98859.138.00$15,900
Dec 202502,10056.664.41$9,268
Nov 202502,05258.593.93$8,057
Oct 202502,21559.383.30$7,320
Sep 202502,23862.743.08$6,886
Aug 202502,32263.933.01$7,000
Jul 202502,32766.743.32$7,714
Jun 202502,32466.483.13$7,271
May 202502,50360.553.23$8,091
Apr 202502,45562.363.54$8,698
Mar 202502,55967.704.27$10,923
Feb 2025014670.884.34$634
Jan 202501,47474.324.28$6,307
Dec 202401,35768.993.12$4,236
Nov 202402,82769.052.20$6,215
Oct 202402671.372.28$59
Sep 202402,39069.612.36$5,651
Aug 202401,75475.632.06$3,620
Jul 202401,59679.932.15$3,426
Jun 202402,46078.082.63$6,480
May 202402,33578.812.20$5,133
Apr 202402,91984.451.66$4,843
Mar 202402,14280.301.55$3,310
Feb 202403,81576.091.78$6,805
Jan 202402,66573.023.30$8,788
Dec 202301,35971.262.61$3,548
Nov 202301,24377.892.81$3,490
Oct 2023094385.443.09$2,911
Sep 2023010689.042.74$290
Aug 202304,57080.522.67$12,215
Jul 202301,27974.852.64$3,379
Jun 202304,41368.962.26$9,967
May 202305,25970.622.23$11,714
Apr 202305,38878.122.24$12,057
Mar 202305,78572.852.39$13,844
Feb 202305,65875.112.47$13,951
Jan 202307,51076.533.39$25,442
Dec 202205,82576.415.73$33,372
Nov 202205,62085.005.65$31,732
Oct 202205,87287.185.86$34,432
Sep 202204,91784.888.16$40,141
Aug 202206,96194.529.13$63,534
Jul 202207,495101.587.54$56,528
Jun 202206,591115.097.98$52,578
May 202203,307109.378.43$27,888
Apr 202205,399104.226.84$36,916
Mar 202255,904108.885.08$30,515
Feb 2022507,61791.054.86$41,562
Jan 20221204,93281.844.54$32,201
Dec 20211328,19171.323.90$41,352
Nov 20211364,79677.435.24$35,646
Oct 20211984,52679.795.71$41,659
Sep 20212197,64869.865.35$56,223
Aug 20211819,89566.024.22$53,712
Jul 20211877,74670.783.98$44,081
Jun 20212621,32269.493.38$22,676
May 20211645,32963.483.02$26,492
Apr 20211577,27360.362.76$29,539
Mar 20211778,50361.302.72$33,952
Feb 2021587,96557.805.55$47,542
Jan 2021277,00250.412.81$21,039
Dec 2020306,06444.642.68$17,563
Nov 2020297,51238.772.71$21,456
Oct 2020307,92136.972.48$20,741
Sep 2020338,88737.091.99$18,918
Aug 20203311,98139.982.39$29,895
Jul 20203410,07238.371.83$19,687
Jun 2020368,19534.901.69$15,108
May 20204613,05916.921.81$24,477
Apr 2020276,42114.751.80$11,984
Mar 20204010,66030.341.86$21,001
Feb 2020289,69649.881.98$20,601
Jan 20202512,07457.252.09$26,723
Dec 20192410,98859.012.30$26,737
Nov 20192411,22255.302.75$32,196
Oct 20192414,76453.472.42$36,991
Sep 2019229,10455.052.66$25,403
Aug 20192212,41153.112.30$29,768
Jul 20192312,29856.272.46$31,548
Jun 20192514,83852.782.49$38,284
May 20192512,42558.482.74$35,510
Apr 20192714,58462.632.75$41,807
Mar 20193113,84556.803.06$44,156
Feb 20192912,57250.852.79$36,578
Jan 20193015,87746.033.23$52,635
Dec 20183133,71646.594.19$142,561
Nov 20183132,36352.934.24$138,771
Oct 20182933,72361.443.40$116,375
Sep 20181934,44859.543.11$108,196
Aug 2018036,57959.403.07$112,172
Jul 2018036,39765.142.93$106,712
Jun 2018034,54760.183.08$106,298
May 2018036,28165.382.90$105,244
Apr 2018038,29663.842.90$111,089
Mar 2018032,44261.222.79$90,411
Feb 2018029,76961.782.77$82,345
Jan 2018035,61862.874.01$142,804
Dec 2017046,21757.272.92$135,024
Nov 2017050,26855.423.12$156,754
Oct 2017060,12949.292.98$179,406
Sep 20171470,01047.523.09$216,806
Aug 20174451,10345.373.00$155,530
Jul 20177657,18943.873.09$179,893
Jun 20177961,15242.493.09$192,150
May 20178141,56745.373.26$139,325
Apr 2017819,90647.933.21$35,696
Mar 20178810,53646.772.98$35,552
Feb 2017809,79850.452.95$32,966
Jan 20178711,30949.413.42$42,962
Dec 2016011,35348.763.72$42,265
Nov 2016010,51442.492.64$27,803
Oct 201608,90546.193.09$27,519
Sep 2016310,34041.553.10$32,185
Aug 20165911,01641.442.92$34,659
Jul 20167910,90641.622.92$35,181
Jun 20168110,69545.352.69$32,398
May 20168911,49742.521.99$26,675
Apr 20169211,53836.561.99$26,336
Mar 20169612,25133.011.79$25,147
Feb 20163817,21226.472.06$36,525
Jan 2016023,46427.352.36$55,477
Dec 2015024,12832.362.00$48,290
Nov 2015044,76838.792.17$97,027
Oct 2015048,12043.552.43$116,767
Sep 20154426,08442.992.76$73,842
Aug 201573545,64140.162.87$160,621
Jul 201587646,82648.152.95$180,086
Jun 201585752,94756.152.88$200,759
May 201590953,72155.212.96$208,956
Apr 201593355,45249.822.71$196,567
Mar 20151,11962,54842.892.93$231,554
Feb 20151,00457,57444.662.98$216,190
Jan 20151,11763,28543.433.10$244,735
Dec 20141,21368,30754.693.59$311,654
Nov 20141,31971,79770.464.25$398,206
Oct 20141,33881,54578.303.90$422,869
Sep 20141,54389,48286.164.05$494,939
Aug 20141,50796,17889.394.04$522,801
Jul 201420812,77696.564.18$73,483

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             0 bbl  × $106.41 =         $0
Gas                  324 Mcf  × $  3.05 =       $987

────────────────────────────────────────────────────
Month total                                     $987

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/274897 is the state's own key, not one this site invented.