NICHOLSON, JOHN W. GAS UNIT

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

Gas lease lease 120944District 06Field 35415300NGPA filingCondensateGasSaveExport
Value, all time
$2.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$826
at the published price for each month
Months reported
401
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 351 leases and 351 wells, and the rule below applies to all of them.

Discovered
1980-12-20
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2017-12-05.

The Commission's schedule remark for this field reads: BE FILED IF THE OPERATOR CHOOSES. THIS IS A UFT FIELD.

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
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
CondensateDisposition14,420 bbl$442,009
GasProduction745,031 Mcf$1,880,570
Total$2,322,579

226,954 Mcf of this lease's gas, across 34 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.6140, -94.8091. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.61401, -94.80913 · 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
11,973 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 11,973 ft.

Completions filed
Apr 1986
1 of 1 wells

1 well

42-45930642111,973 ftApr 1986

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260398.932.87$9
Mar 202601389.753.15$41
Feb 20260063.503.75$0
Jan 20260459.138.00$32
Dec 202502656.664.41$115
Nov 20250158.593.93$4
Oct 20250059.383.30$0
Sep 202512262.743.08$130
Aug 202517063.933.01$275
Jul 20250166.743.32$3
Jun 202514866.483.13$217
May 202513660.553.23$177
Apr 202502962.363.54$103
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 202401668.993.12$50
Nov 20240069.052.20$0
Oct 202412771.372.28$133
Sep 202413869.612.36$159
Aug 202413275.632.06$142
Jul 202414579.932.15$177
Jun 202415478.082.63$220
May 2024518478.812.20$799
Apr 2024323584.451.66$643
Mar 202416080.301.55$173
Feb 202413176.091.78$131
Jan 202429473.023.30$456
Dec 202315071.262.61$202
Nov 202316077.892.81$246
Oct 2023315985.443.09$747
Sep 202329689.042.74$441
Aug 2023111280.522.67$380
Jul 2023415374.852.64$704
Jun 2023318668.962.26$627
May 2023010270.622.23$227
Apr 2023414378.122.24$632
Mar 2023211872.852.39$428
Feb 202315975.112.47$221
Jan 2023412776.533.39$736
Dec 202229976.415.73$720
Nov 2022713585.005.65$1,357
Oct 2022745387.185.86$3,267
Sep 202229384.888.16$929
Aug 2022715094.529.13$2,031
Jul 20227608101.587.54$5,297
Jun 20223138115.097.98$1,446
May 20228438109.378.43$4,569
Apr 202214214104.226.84$2,922
Mar 202215603108.885.08$4,694
Feb 2022956191.054.86$3,545
Jan 2022956481.844.54$3,296
Dec 20211350371.323.90$2,888
Nov 2021946177.435.24$3,111
Oct 2021950279.795.71$3,586
Sep 20211249869.865.35$3,503
Aug 2021733566.024.22$1,876
Jul 20211350070.783.98$2,911
Jun 20211148569.493.38$2,404
May 20211042863.483.02$1,926
Apr 2021830660.362.76$1,327
Mar 2021751761.302.72$1,834
Feb 20211237257.805.55$2,757
Jan 20211158550.412.81$2,199
Dec 2020947644.642.68$1,675
Nov 2020720438.772.71$824
Oct 20201664636.972.48$2,193
Sep 20201142837.091.99$1,260
Aug 20201261439.982.39$1,944
Jul 20201142638.371.83$1,200
Jun 20201257434.901.69$1,389
May 2020627516.921.81$601
Apr 20201018514.751.80$481
Mar 2020323430.341.86$525
Feb 20201421949.881.98$1,132
Jan 20201029157.252.09$1,182
Dec 20191351059.012.30$1,942
Nov 20191258155.302.75$2,262
Oct 2019461153.472.42$1,692
Sep 2019869555.052.66$2,287
Aug 2019863653.112.30$1,890
Jul 2019965856.272.46$2,125
Jun 2019665452.782.49$1,946
May 20191046458.482.74$1,856
Apr 20191866662.632.75$2,959
Mar 20191570356.803.06$3,005
Feb 20191053750.852.79$2,008
Jan 20191959146.033.23$2,782
Dec 20181663146.594.19$3,386
Nov 20181260852.934.24$3,211
Oct 20181254461.443.40$2,586
Sep 20181866659.543.11$3,142
Aug 20181165859.403.07$2,671
Jul 20181566065.142.93$2,912
Jun 20181064260.183.08$2,577
May 20181564965.382.90$2,863
Apr 20181661863.842.90$2,814
Mar 20181472861.222.79$2,886
Feb 20181248261.782.77$2,075
Jan 20181158762.874.01$3,045
Dec 20171359757.272.92$2,489
Nov 20171064055.423.12$2,550
Oct 20171428949.292.98$1,552
Sep 20171442947.523.09$1,990
Aug 20171465645.373.00$2,606
Jul 20171762043.873.09$2,660
Jun 20171361442.493.09$2,448
May 20171755045.373.26$2,566
Apr 20171454847.933.21$2,431
Mar 20171857746.772.98$2,563
Feb 20171453650.452.95$2,289
Jan 20171759749.413.42$2,881
Dec 20161959948.763.72$3,156
Nov 20161755842.492.64$2,198
Oct 20161759446.193.09$2,621
Sep 20161762141.553.10$2,632
Aug 20161774841.442.92$2,892
Jul 20161749041.622.92$2,140
Jun 20161776545.352.69$2,826
May 20161743242.521.99$1,583
Apr 20161845136.561.99$1,556
Mar 20162139833.011.79$1,407
Feb 20161535926.472.06$1,138
Jan 20161759627.352.36$1,874
Dec 20151476432.362.00$1,982
Nov 20151776938.792.17$2,326
Oct 20151178143.552.43$2,374
Sep 20151173542.992.76$2,500
Aug 2015101,06240.162.87$3,452
Jul 2015141,04348.152.95$3,746
Jun 2015141,01156.152.88$3,701
May 20151478155.212.96$3,081
Apr 20151448749.822.71$2,016
Mar 20151192442.892.93$3,183
Feb 20151081944.662.98$2,884
Jan 20151271943.433.10$2,751
Dec 2014121,05754.693.59$4,452
Nov 20141189470.464.25$4,576
Oct 20141298578.303.90$4,782
Sep 20141094086.164.05$4,664
Aug 2014977789.394.04$3,940
Jul 20141274996.564.18$4,289
Jun 201461,01598.164.74$5,397
May 2014121,07894.734.73$6,232
Apr 2014121,02595.944.81$6,081
Mar 20141277495.895.06$5,065
Feb 20141566297.406.19$5,560
Jan 20142294490.404.86$6,577
Dec 20132560391.824.35$4,921
Nov 20132272288.853.74$4,654
Oct 20132276397.423.78$5,027
Sep 201321860104.113.72$5,384
Aug 201325706104.253.52$5,093
Jul 201322838102.523.72$5,371
Jun 20132287894.403.93$5,530
May 2013241,06994.834.15$6,711
Apr 20132976793.964.28$6,010
Mar 20132683093.623.91$5,682
Feb 20132265091.233.42$4,230
Jan 2013682091.603.42$3,354
Dec 2012781786.773.42$3,402
Nov 2012667486.953.62$2,965
Oct 2012471389.383.40$2,781
Sep 2012384194.672.92$2,738
Aug 2012475292.662.91$2,558
Jul 201221,11285.133.02$3,529
Jun 2012380279.822.52$2,260
May 2012376091.612.49$2,166
Apr 201241,117101.652.00$2,637
Mar 201220851105.052.22$3,992
Feb 201226780101.102.57$4,633
Jan 20122984498.092.73$5,152
Dec 20112582996.873.24$5,107
Nov 20112581895.723.31$5,102
Oct 20111856784.983.65$3,598
Sep 20111681283.623.99$4,574
Aug 20111685283.404.15$4,870
Jul 20112376794.144.52$5,630
Jun 20111877592.904.64$5,268
May 20113584898.134.40$7,170
Apr 201115919105.964.33$5,572
Mar 20112496496.364.06$6,224
Feb 20111483085.644.18$4,668
Jan 20111490486.504.59$5,359
Dec 2010201,15685.734.35$6,741
Nov 20101169980.843.80$3,542
Oct 20101056178.103.51$2,749
Sep 20101279372.633.98$4,027
Aug 20101090673.684.42$4,741
Jul 2010131,04272.554.74$5,879
Jun 2010201,12970.364.91$6,951
May 2010252871.124.24$2,378
Apr 20101380381.694.12$4,372
Mar 2010201,00978.394.39$5,996
Feb 2010181,01773.585.44$6,859
Jan 20101088674.365.96$6,028
Dec 20091077371.445.48$4,953
Nov 2009111,00874.593.75$4,602
Oct 2009111,09872.544.11$5,311
Sep 2009982465.543.06$3,115
Aug 2009580367.423.22$2,922
Jul 200938661.133.46$481
Jun 20091470266.163.90$3,661
May 20091368954.743.93$3,416
Apr 20092167946.773.59$3,418
Mar 20091893042.144.06$4,533
Feb 20091032.814.63$33
Jan 20095820135.865.37$3,159
Dec 20081559,48937.105.98$62,468
Nov 20081676055.496.86$6,102
Oct 20082057475.246.92$5,478
Sep 200823845101.767.88$8,997
Aug 2008341,092114.228.48$13,147
Jul 200826867131.0811.39$13,283
Jun 2008301,013131.3313.03$17,142
May 2008351,126123.1711.57$17,344
Apr 2008321,020110.3110.45$14,194
Mar 2008381,135101.909.66$14,841
Feb 20082591092.538.77$10,294
Jan 2008321,28290.388.21$13,412
Dec 2007321,40888.337.30$13,108
Nov 2007291,25891.677.29$11,831
Oct 2007311,26682.856.92$11,332
Sep 2007502,70975.846.24$20,707
Aug 2007191,04069.066.39$7,956
Jul 2007301,83270.906.39$13,830
Jun 20071879562.007.55$7,117
May 2007231,15058.747.85$10,374
Apr 2007231,08459.617.81$9,832
Mar 2007271,16356.927.30$10,029
Feb 2007221,27755.108.22$11,704
Jan 2007251,10150.306.73$8,664
Dec 2006241,30256.656.92$10,367
Nov 2006221,13954.207.62$9,869
Oct 2006635654.906.01$2,470
Sep 2006416160.085.04$1,051
Aug 20061060168.717.34$5,098
Jul 2006520969.376.34$1,672
Jun 2006434866.286.38$2,487
May 2006223466.016.42$1,635
Apr 2006353164.397.36$4,102
Mar 2006348456.707.08$3,598
Feb 2006350157.597.75$4,056
Jan 2006674360.598.93$7,001
Dec 2005581654.9413.42$11,222
Nov 2005459454.6910.59$6,508
Oct 200571,12958.3413.80$15,984
Sep 2005485161.4512.08$10,525
Aug 2005465761.519.80$6,683
Jul 200571,07955.697.84$8,853
Jun 2005141,31952.337.38$10,468
May 2005181,09245.226.65$8,077
Apr 20052394749.207.36$8,102
Mar 2005301,33850.377.15$11,084
Feb 20051389945.226.31$6,262
Jan 2005529543.166.32$2,081
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20043143.245.28$135
Aug 20041417142.375.55$1,542
Jul 2004191,02538.286.08$6,964
Jun 20041980236.106.43$5,845
May 2004301,43637.486.49$10,451
Apr 2004231,19334.475.86$7,782
Mar 2004218834.365.53$1,108
Feb 20042132.455.51$70
Jan 2004527032.036.30$1,861
Dec 2003415530.266.30$1,098
Nov 2003319428.804.60$978
Oct 2003327428.174.76$1,389
Sep 2003736826.314.75$1,932
Aug 2003315829.765.13$900
Jul 2003519729.415.17$1,166
Jun 2003223928.565.98$1,487
May 20032026.595.97$53
Apr 20031240326.675.41$2,499
Mar 20031884131.146.10$5,687
Feb 2003141,10233.487.93$9,203
Jan 20031392030.315.58$5,530
Dec 2002799226.914.85$5,003
Nov 20021065924.664.14$2,973
Oct 20021295626.464.23$4,361
Sep 200271,03227.443.64$3,944
Aug 2002181,34525.963.16$4,723
Jul 2002201,72624.583.06$5,776
Jun 2002181,73923.733.34$6,232
May 2002191,77124.663.58$6,816
Apr 2002201,82223.653.51$6,872
Mar 2002242,03522.003.10$6,842
Feb 2002241,88518.222.38$4,915
Jan 2002472,36517.172.38$6,425
Dec 2001472,68916.932.36$7,154
Nov 2001392,10618.072.41$5,771
Oct 2001262,05819.782.53$5,719
Sep 2001512,16324.262.25$6,107
Aug 2001493,10724.873.05$10,705
Jul 2001523,69423.933.20$13,054
Jun 2001313,83124.563.82$15,412
May 200103,85325.524.31$16,596
Apr 200133,97024.685.34$21,255
Mar 200144,16424.545.38$22,486
Feb 200143,64427.755.77$21,126
Jan 200143,96527.478.40$33,411
Dec 200043,83026.889.12$35,047
Nov 200033,99732.215.66$22,712
Oct 200044,10031.235.15$21,221
Sep 200034,32631.875.19$22,532
Aug 200034,20329.644.54$19,174
Jul 200044,40328.534.09$18,121
Jun 200044,49529.304.40$19,883
May 2000134,62227.263.68$17,362
Apr 2000274,73824.513.12$15,425
Mar 2000284,88228.422.86$14,757
Feb 2000374,84127.622.73$14,221
Jan 2000285,24125.272.48$13,708
Dec 1999385,64024.282.42$14,592
Nov 1999344,97623.192.43$12,900
Oct 1999344,87220.982.80$14,373
Sep 1999274,94221.752.62$13,530
Aug 1999235,56419.262.88$16,443
Jul 1999555,51017.892.37$14,056
Jun 1999485,70215.942.36$14,234
May 1999666,00715.792.32$14,985
Apr 1999645,91315.102.21$14,023
Mar 1999765,99512.471.84$11,969
Feb 1999585,5759.981.82$10,713
Jan 1999756,15310.381.90$12,469
Dec 1998346,6569.201.77$12,116
Nov 1998406,51510.892.19$14,676
Oct 1998417,18812.421.97$14,664
Sep 1998387,16612.592.08$15,402
Aug 1998306,40611.301.91$12,557
Jul 1998127,06811.742.24$15,954
Jun 1998137,31811.242.24$16,518
May 1998168,09012.622.21$18,051
Apr 1998148,01313.042.51$20,258
Mar 1998189,00512.802.31$21,027
Feb 1998308,38213.952.30$19,690
Jan 19981506,81514.702.15$16,890
Dec 19971897,14216.322.41$20,305
Nov 19971795,14618.193.09$19,148
Oct 1997963,71819.253.15$13,559
Sep 19971054,03617.742.95$13,789
Aug 19971434,66717.862.55$14,477
Jul 19972632,85917.582.25$11,048
Jun 19972657,50217.242.26$21,502
May 19973027,05718.972.31$22,020
Apr 19973189,32617.882.08$25,110
Mar 19973378,02418.951.94$21,946
Feb 19972886,85920.492.21$21,031
Jan 19974928,09423.483.54$40,202
Dec 19964737,14123.32$11,030
Nov 19964607,95621.97$10,106
Oct 199647113,12423.31$10,979
Sep 199639112,67022.22$8,688
Aug 199647511,73020.26$9,624
Jul 199625515,74519.55$4,985
Jun 199640321,58418.73$7,548
May 199602,04119.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 1995187016.44$3,074
Feb 19950116.58$0
Jan 199503,66915.92$0
Dec 199402,50515.03$0
Nov 19941853,64315.90$2,942
Oct 19942115,61415.58$3,287
Sep 199404,56115.29$0
Aug 199405,86316.13$0
Jul 19943346,48017.56$5,865
Jun 19941866,67617.09$3,179
May 199405,30515.88$0
Apr 19941846,99614.14$2,602
Mar 19941864,90712.46$2,318
Feb 199403,36212.50$0
Jan 19942165,01912.66$2,735
Dec 19931894,68312.33$2,330
Nov 199303,99014.49$0
Oct 19932135,42015.85$3,376
Sep 199306,25015.03$0
Aug 19931856,72915.66$2,897
Jul 19931876,83115.46$2,891
Jun 199307,28816.79$0
May 19932075,72417.68$3,660
Apr 199304,20418.05$0
Mar 19931896,82818.14$3,428
Feb 19931936,71617.90$3,455
Jan 19932035,69916.93$3,437

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                    3 Mcf  × $  2.87 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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. 06/G/120944 is the state's own key, not one this site invented.