USA 1

Operated by MERIT ENERGY COMPANY (P-5 561136) in the BOB WEST (L-1-4) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 276985District 04Field 10041138CondensateGasSaveExport
Value, all time
$541 k
Dec 2014 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
138
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 20 leases and 20 wells, and the rule below applies to all of them.

Discovered
1995-11-14
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 20 acres. The field rule took effect on 2008-04-24.

The Commission's schedule remark for this field reads: REMAIN SUSPENDED.

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
CondensateDisposition8 bbl$373
GasProduction186,449 Mcf$540,569
Total$540,942

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 26.5632, -99.1500. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.56320, -99.14996 · 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
11,784 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 11,784 ft.

Completions filed
Mar 2015
1 of 1 wells

1 well

42-42732784611,784 ftMar 2015

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 (138)

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

138 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 202502662.743.08$80
Aug 2025013363.933.01$401
Jul 2025017166.743.32$567
Jun 2025012366.483.13$385
May 2025014860.553.23$478
Apr 2025018362.363.54$648
Mar 2025022167.704.27$943
Feb 2025026270.884.34$1,137
Jan 2025016174.324.28$689
Dec 2024014868.993.12$462
Nov 2024014169.052.20$310
Oct 2024020671.372.28$470
Sep 2024024469.612.36$577
Aug 2024024575.632.06$506
Jul 2024026979.932.15$577
Jun 2024021878.082.63$574
May 2024027078.812.20$594
Apr 2024021884.451.66$362
Mar 2024011580.301.55$178
Feb 2024010976.091.78$194
Jan 2024013773.023.30$452
Dec 2023016171.262.61$420
Nov 2023020577.892.81$576
Oct 2023024685.443.09$759
Sep 2023023389.042.74$637
Aug 2023038280.522.67$1,021
Jul 2023042774.852.64$1,128
Jun 2023062068.962.26$1,400
May 2023038470.622.23$855
Apr 2023014478.122.24$322
Mar 2023013472.852.39$321
Feb 2023013375.112.47$328
Jan 202309576.533.39$322
Dec 202207576.415.73$430
Nov 2022011685.005.65$655
Oct 2022017887.185.86$1,044
Sep 2022019284.888.16$1,567
Aug 2022034794.529.13$3,167
Jul 20220315101.587.54$2,376
Jun 2022066115.097.98$527
May 20220179109.378.43$1,510
Apr 20220236104.226.84$1,614
Mar 20220419108.885.08$2,127
Feb 2022015891.054.86$768
Jan 202202881.844.54$127
Dec 202107771.323.90$300
Nov 2021017477.435.24$911
Oct 2021079779.795.71$4,554
Sep 2021027169.865.35$1,450
Aug 2021035166.024.22$1,481
Jul 2021043970.783.98$1,748
Jun 2021015669.493.38$527
May 2021025863.483.02$779
Apr 2021051060.362.76$1,407
Mar 2021035861.302.72$973
Feb 2021064757.805.55$3,590
Jan 2021060350.412.81$1,695
Dec 2020043044.642.68$1,150
Nov 2020013638.772.71$368
Oct 2020074636.972.48$1,849
Sep 2020046337.091.99$922
Aug 2020089339.982.39$2,130
Jul 2020079838.371.83$1,456
Jun 2020086334.901.69$1,459
May 202001,04716.921.81$1,900
Apr 2020083814.751.80$1,512
Mar 2020089230.341.86$1,656
Feb 202001,01349.881.98$2,006
Jan 2020098257.252.09$2,057
Dec 201901,12159.012.30$2,583
Nov 201901,07055.302.75$2,943
Oct 201901,14153.472.42$2,760
Sep 201901,25655.052.66$3,338
Aug 201901,19353.112.30$2,749
Jul 201901,10256.272.46$2,711
Jun 201901,15552.782.49$2,877
May 201901,26458.482.74$3,464
Apr 201901,12362.632.75$3,089
Mar 201901,29956.803.06$3,978
Feb 201901,26450.852.79$3,529
Jan 201901,08546.033.23$3,503
Dec 2018079146.594.19$3,311
Nov 201831,25852.934.24$5,489
Oct 201801,39861.443.40$4,751
Sep 201801,51459.543.11$4,706
Aug 201801,42959.403.07$4,382
Jul 201801,47765.142.93$4,330
Jun 201801,58060.183.08$4,862
May 201801,73265.382.90$5,024
Apr 201801,61763.842.90$4,691
Mar 201801,56761.222.79$4,367
Feb 201801,60861.782.77$4,448
Jan 201801,84262.874.01$7,385
Dec 201701,85557.272.92$5,419
Nov 201701,22955.423.12$3,832
Oct 201701,90149.292.98$5,672
Sep 201701,82747.523.09$5,640
Aug 201702,19845.373.00$6,604
Jul 201702,18443.873.09$6,743
Jun 201702,20642.493.09$6,811
May 201702,33745.373.26$7,627
Apr 201702,24147.933.21$7,197
Mar 201722,45846.772.98$7,427
Feb 201702,34250.452.95$6,915
Jan 201702,53749.413.42$8,674
Dec 201602,67648.763.72$9,962
Nov 201602,52542.492.64$6,677
Oct 201602,60046.193.09$8,035
Sep 201602,72641.553.10$8,452
Aug 201602,67341.442.92$7,817
Jul 201602,88241.622.92$8,428
Jun 201603,09245.352.69$8,305
May 201603,03942.521.99$6,051
Apr 201603,13036.561.99$6,232
Mar 201602,79233.011.79$5,009
Feb 201603,27426.472.06$6,756
Jan 201603,92527.352.36$9,280
Dec 201504,23632.362.00$8,478
Nov 201502,59138.792.17$5,616
Oct 201503,05143.552.43$7,404
Sep 201504,59542.992.76$12,675
Aug 201537,98940.162.87$23,069
Jul 2015058048.152.95$1,708
Jun 2015083756.152.88$2,413
May 201503,71755.212.96$10,985
Apr 201506,41449.822.71$17,360
Mar 201502,46242.892.93$7,225
Feb 201508,47344.662.98$25,217
Jan 2015024,25443.433.10$75,203
Dec 201401,75254.693.59$6,292

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.

Sep 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.74 =         $0
Gas                   26 Mcf  × $  3.08 =        $80

────────────────────────────────────────────────────
Month total                                      $80

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/276985 is the state's own key, not one this site invented.