USA 3

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 278203District 04Field 10041138GasSaveExport
Value, all time
$211 k
Jul 2015 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
131
no gaps in the span
Streams
1
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
GasProduction66,499 Mcf$211,007
Total$211,007

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 26.5781, -99.1570. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.57806, -99.15703 · 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
11,328 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 11,328 ft.

Completions filed
Jul 2015
1 of 1 wells

1 well

42-42732932811,328 ftJul 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 (131)

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

131 months

May 2026150106.413.05$457
Apr 202615598.932.87$445
Mar 202614389.753.15$450
Feb 202613563.503.75$506
Jan 202618359.138.00$1,464
Dec 202513856.664.41$609
Nov 202512558.593.93$491
Oct 202512859.383.30$423
Sep 202512362.743.08$378
Aug 202511463.933.01$344
Jul 202512066.743.32$398
Jun 202514566.483.13$454
May 202525460.553.23$821
Apr 202526762.363.54$946
Mar 202526667.704.27$1,135
Feb 202526870.884.34$1,163
Jan 202528574.324.28$1,219
Dec 202431468.993.12$980
Nov 202439869.052.20$875
Oct 202450871.372.28$1,159
Sep 202450469.612.36$1,192
Aug 202455875.632.06$1,152
Jul 202453479.932.15$1,146
Jun 202449878.082.63$1,312
May 202447278.812.20$1,038
Apr 202439184.451.66$649
Mar 202437680.301.55$581
Feb 202435176.091.78$626
Jan 202432473.023.30$1,068
Dec 202335871.262.61$935
Nov 202336977.892.81$1,036
Oct 202342485.443.09$1,309
Sep 202341489.042.74$1,132
Aug 202341180.522.67$1,099
Jul 202345874.852.64$1,210
Jun 202341168.962.26$928
May 202342170.622.23$938
Apr 202338078.122.24$850
Mar 202338372.852.39$917
Feb 202335875.112.47$883
Jan 202340576.533.39$1,372
Dec 202239976.415.73$2,286
Nov 202242885.005.65$2,417
Oct 202244687.185.86$2,615
Sep 202242384.888.16$3,453
Aug 202244994.529.13$4,098
Jul 2022655101.587.54$4,940
Jun 2022313115.097.98$2,497
May 2022333109.378.43$2,808
Apr 2022394104.226.84$2,694
Mar 2022416108.885.08$2,112
Feb 202240791.054.86$1,978
Jan 202235881.844.54$1,624
Dec 202145971.323.90$1,790
Nov 202139577.435.24$2,069
Oct 202143479.795.71$2,480
Sep 202143469.865.35$2,322
Aug 202140466.024.22$1,705
Jul 202141370.783.98$1,645
Jun 202138069.493.38$1,285
May 202142263.483.02$1,273
Apr 202139260.362.76$1,081
Mar 202137961.302.72$1,030
Feb 202138857.805.55$2,153
Jan 202136850.412.81$1,034
Dec 202057244.642.68$1,530
Nov 202047438.772.71$1,283
Oct 202045136.972.48$1,118
Sep 202046437.091.99$924
Aug 202049339.982.39$1,176
Jul 202049038.371.83$894
Jun 202049534.901.69$837
May 202049216.921.81$893
Apr 202050214.751.80$906
Mar 202051230.341.86$950
Feb 202041049.881.98$812
Jan 202046557.252.09$974
Dec 201941759.012.30$961
Nov 201946155.302.75$1,268
Oct 201953653.472.42$1,296
Sep 201956455.052.66$1,499
Aug 201996953.112.30$2,233
Jul 201989056.272.46$2,189
Jun 201975452.782.49$1,878
May 201964358.482.74$1,762
Apr 201975662.632.75$2,080
Mar 201965956.803.06$2,018
Feb 201966450.852.79$1,854
Jan 201969346.033.23$2,237
Dec 201867546.594.19$2,825
Nov 201880552.934.24$3,411
Oct 201868861.443.40$2,338
Sep 201863759.543.11$1,980
Aug 201854059.403.07$1,656
Jul 201862065.142.93$1,818
Jun 201857360.183.08$1,763
May 201861065.382.90$1,769
Apr 201862563.842.90$1,813
Mar 201864161.222.79$1,786
Feb 201860161.782.77$1,662
Jan 201883862.874.01$3,360
Dec 201770757.272.92$2,066
Nov 201766055.423.12$2,058
Oct 201768349.292.98$2,038
Sep 201762047.523.09$1,914
Aug 201762545.373.00$1,878
Jul 201759543.873.09$1,837
Jun 201756242.493.09$1,735
May 201762945.373.26$2,053
Apr 201760647.933.21$1,946
Mar 201770246.772.98$2,095
Feb 201767750.452.95$1,999
Jan 201773949.413.42$2,526
Dec 201664448.763.72$2,398
Nov 201667942.492.64$1,796
Oct 201669346.193.09$2,142
Sep 201665841.553.10$2,040
Aug 201669041.442.92$2,018
Jul 201669441.622.92$2,029
Jun 201667045.352.69$1,800
May 201664142.521.99$1,276
Apr 201669436.561.99$1,382
Mar 201687133.011.79$1,563
Feb 201670826.472.06$1,461
Jan 201687027.352.36$2,057
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 20151,11543.552.43$2,706
Sep 201594542.992.76$2,607
Aug 201571440.162.87$2,051
Jul 20152,82148.152.95$8,308

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
Gas                  150 Mcf  × $  3.05 =       $457

────────────────────────────────────────────────────
Month total                                     $457

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/278203 is the state's own key, not one this site invented.