BASSETT, WILLIAM P. GAS UNIT

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

Gas lease lease 134175District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$50 k
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas111990-06-12122408
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
CondensateDisposition3,749 bbl$118,253
GasProduction1,160,543 Mcf$3,480,499
Total$3,598,752

341,350 Mcf of this lease's gas, across 48 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 32.2339, -94.7916. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23387, -94.79160 · 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
10,887 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 10,887 ft.

Completions filed
Apr 1990
1 of 1 wells

1 well

42-40132286310,887 ftApr 1990

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 202601,151106.413.05$3,506
Apr 2026121,10498.932.87$4,355
Mar 202601,15689.753.15$3,641
Feb 202601,06863.503.75$4,005
Jan 2026099759.138.00$7,974
Dec 202581,13756.664.41$5,471
Nov 202501,04258.593.93$4,091
Oct 202501,06759.383.30$3,526
Sep 202501,03862.743.08$3,194
Aug 202561,08063.933.01$3,640
Jul 202501,10666.743.32$3,667
Jun 202501,07666.483.13$3,367
May 202501,08160.553.23$3,494
Apr 202571,07762.363.54$4,252
Mar 202501,17267.704.27$5,002
Feb 202501,00570.884.34$4,363
Jan 202501,12374.324.28$4,805
Dec 202461,12868.993.12$3,935
Nov 202401,16269.052.20$2,555
Oct 202401,25771.372.28$2,868
Sep 202401,15269.612.36$2,724
Aug 202461,29375.632.06$3,122
Jul 202401,25579.932.15$2,694
Jun 202451,10978.082.63$3,311
May 202401,25078.812.20$2,748
Apr 202401,21084.451.66$2,008
Mar 202401,27680.301.55$1,972
Feb 202441,19876.091.78$2,441
Jan 202401,23373.023.30$4,066
Dec 202301,25071.262.61$3,263
Nov 202351,22077.892.81$3,815
Oct 202301,25385.443.09$3,868
Sep 202301,24989.042.74$3,416
Aug 202301,20680.522.67$3,223
Jul 202381,24674.852.64$3,890
Jun 202301,11668.962.26$2,520
May 202301,19670.622.23$2,664
Apr 202301,18678.122.24$2,654
Mar 202391,26472.852.39$3,681
Feb 202301,12975.112.47$2,784
Jan 202301,28576.533.39$4,353
Dec 202201,49876.415.73$8,582
Nov 202271,45185.005.65$8,788
Oct 202201,61987.185.86$9,493
Sep 2022074384.888.16$6,066
Aug 202201,20594.529.13$10,998
Jul 2022151,091101.587.54$9,752
Jun 202201,234115.097.98$9,844
May 202201,360109.378.43$11,469
Apr 202201,295104.226.84$8,855
Mar 2022171,317108.885.08$8,537
Feb 202201,09191.054.86$5,301
Jan 202201,25081.844.54$5,672
Dec 202101,24971.323.90$4,870
Nov 2021161,13177.435.24$7,162
Oct 202101,17679.795.71$6,720
Sep 202101,11769.865.35$5,977
Aug 2021141,45066.024.22$7,044
Jul 2021075270.783.98$2,995
Jun 2021094369.493.38$3,188
May 202101,14463.483.02$3,452
Apr 202101,08660.362.76$2,996
Mar 202101,22261.302.72$3,320
Feb 2021121,13757.805.55$7,002
Jan 202101,26450.412.81$3,552
Dec 202001,21744.642.68$3,256
Nov 202001,12038.772.71$3,031
Oct 202001,20036.972.48$2,974
Sep 2020141,08237.091.99$2,674
Aug 202001,11439.982.39$2,657
Jul 202001,30938.371.83$2,389
Jun 202001,24334.901.69$2,101
May 2020151,38916.921.81$2,774
Apr 202001,16614.751.80$2,104
Mar 2020151,10530.341.86$2,506
Feb 202001,10949.881.98$2,197
Jan 202001,10757.252.09$2,319
Dec 2019171,04659.012.30$3,414
Nov 201901,06455.302.75$2,927
Oct 201901,14953.472.42$2,779
Sep 201901,25555.052.66$3,335
Aug 201901,68153.112.30$3,874
Jul 201901,62556.272.46$3,998
Jun 2019131,73152.782.49$4,998
May 2019161,90758.482.74$6,161
Apr 201901,62162.632.75$4,459
Mar 201901,37156.803.06$4,198
Feb 201901,18850.852.79$3,317
Jan 201901,50246.033.23$4,849
Dec 2018121,75546.594.19$7,905
Nov 201801,39852.934.24$5,924
Oct 201811,43961.443.40$4,951
Sep 201801,36659.543.11$4,246
Aug 201801,26659.403.07$3,882
Jul 201801,25065.142.93$3,665
Jun 201881,76960.183.08$5,925
May 201801,41665.382.90$4,108
Apr 201801,33263.842.90$3,864
Mar 201891,38061.222.79$4,397
Feb 201801,27861.782.77$3,535
Jan 201801,29062.874.01$5,172
Dec 201781,33757.272.92$4,364
Nov 201701,26655.423.12$3,948
Oct 201701,35149.292.98$4,031
Sep 201751,49747.523.09$4,859
Aug 201701,07145.373.00$3,218
Jul 201701,31643.873.09$4,063
Jun 201701,46542.493.09$4,523
May 201751,50645.373.26$5,142
Apr 201701,54147.933.21$4,949
Mar 201701,65746.772.98$4,944
Feb 201751,48150.452.95$4,625
Jan 201701,62749.413.42$5,562
Dec 201601,68248.763.72$6,262
Nov 201651,50942.492.64$4,203
Oct 201601,60346.193.09$4,954
Sep 201601,55241.553.10$4,812
Aug 201641,68541.442.92$5,093
Jul 201601,71141.622.92$5,004
Jun 201601,67945.352.69$4,510
May 201621,73342.521.99$3,536
Apr 201601,76436.561.99$3,512
Mar 201601,66133.011.79$2,980
Feb 201601,61826.472.06$3,339
Jan 201601,23627.352.36$2,922
Dec 201501,06032.362.00$2,121
Nov 201501,01438.792.17$2,198
Oct 201501,20643.552.43$2,926
Sep 201501,27242.992.76$3,509
Aug 201501,32540.162.87$3,806
Jul 201501,06348.152.95$3,131
Jun 201501,39556.152.88$4,022
May 201501,25955.212.96$3,721
Apr 201501,30449.822.71$3,529
Mar 201501,23742.892.93$3,630
Feb 201501,47344.662.98$4,384
Jan 201501,49243.433.10$4,626
Dec 201401,74354.693.59$6,260
Nov 201401,34970.464.25$5,736
Oct 201401,42378.303.90$5,551
Sep 201401,38286.164.05$5,591
Aug 201401,33089.394.04$5,367
Jul 201401,62596.564.18$6,792
Jun 201401,51598.164.74$7,176
May 201401,65294.734.73$7,808
Apr 201401,75495.944.81$8,435
Mar 201401,33595.895.06$6,751
Feb 201401,52697.406.19$9,449
Jan 201401,88290.404.86$9,148
Dec 201301,53691.824.35$6,688
Nov 201301,86288.853.74$6,961
Oct 201301,95297.423.78$7,377
Sep 201301,406104.113.72$5,227
Aug 201301,724104.253.52$6,073
Jul 20130827102.523.72$3,075
Jun 2013093794.403.93$3,686
May 201302,23594.834.15$9,273
Apr 201301,50893.964.28$6,458
Mar 2013011893.623.91$462
Feb 2013098591.233.42$3,369
Jan 201301,76491.603.42$6,033
Dec 201201,19886.773.42$4,097
Nov 201201,10486.953.62$4,002
Oct 201201,48389.383.40$5,042
Sep 201201,33694.672.92$3,899
Aug 201201,70592.662.91$4,958
Jul 201201,50185.133.02$4,534
Jun 20120079.822.52$0
May 201201,06291.612.49$2,643
Apr 20120932101.652.00$1,861
Mar 201201,603105.052.22$3,562
Feb 201201,335101.102.57$3,431
Jan 201201,34698.092.73$3,680
Dec 201101,52196.873.24$4,928
Nov 201101,34695.723.31$4,457
Oct 201101,28284.983.65$4,677
Sep 201101,43883.623.99$5,732
Aug 201101,49083.404.15$6,182
Jul 201101,58094.144.52$7,137
Jun 201101,70492.904.64$7,906
May 201111,81298.134.40$8,080
Apr 201102,090105.964.33$9,057
Mar 2011121,82496.364.06$8,557
Feb 2011087785.644.18$3,666
Jan 201101,35986.504.59$6,236
Dec 201081,46685.734.35$7,060
Nov 201001,32380.843.80$5,021
Oct 201001,06878.103.51$3,747
Sep 201081,13772.633.98$5,106
Aug 201001,53973.684.42$6,801
Jul 201001,47172.554.74$6,967
Jun 201071,36570.364.91$7,195
May 201003,57971.124.24$15,158
Apr 201001,39181.694.12$5,735
Mar 2010101,66278.394.39$8,078
Feb 2010321,44473.585.44$10,213
Jan 201001,72774.365.96$10,300
Dec 2009311,79371.445.48$12,047
Nov 200901,73374.593.75$6,501
Oct 2009201,56872.544.11$7,896
Sep 20093939665.543.06$3,770
Aug 200902,38267.423.22$7,666
Jul 2009174,44961.133.46$16,453
Jun 200901,45566.163.90$5,667
May 2009231,78154.743.93$8,251
Apr 200901,50646.773.59$5,403
Mar 2009191,68742.144.06$7,648
Feb 200901,72232.814.63$7,978
Jan 200971,73935.865.37$9,591
Dec 200871,95937.105.98$11,969
Nov 200802,40555.496.86$16,499
Oct 200811,84375.246.92$12,832
Sep 200801,993101.767.88$15,699
Aug 200812,261114.228.48$19,294
Jul 2008142,501131.0811.39$30,320
Jun 200814,117131.3313.03$53,787
May 200872,274123.1711.57$27,182
Apr 200882,258110.3110.45$24,490
Mar 200801,200101.909.66$11,597
Feb 200852,54792.538.77$22,801
Jan 200842,02590.388.21$16,978
Dec 200731,93088.337.30$14,358
Nov 2007211,82191.677.29$15,203
Oct 200751,85482.856.92$13,248
Sep 200701,72575.846.24$10,771
Aug 2007141,56469.066.39$10,958
Jul 200711,99470.906.39$12,808
Jun 200762,18862.007.55$16,888
May 200702,38358.747.85$18,698
Apr 200762,35959.617.81$18,770
Mar 200702,44856.927.30$17,875
Feb 200742,21955.108.22$18,452
Jan 200752,22550.306.73$15,219
Dec 200642,51556.656.92$17,626
Nov 200602,41254.207.62$18,373
Oct 200602,67654.906.01$16,093
Sep 200692,53060.085.04$13,285
Aug 200662,28768.717.34$17,199
Jul 200672,36169.376.34$15,461
Jun 200682,34566.286.38$15,500
May 200602,54366.016.42$16,339
Apr 200672,76064.397.36$20,766
Mar 200672,72356.707.08$19,684
Feb 200682,47257.597.75$19,621
Jan 2006122,76260.598.93$25,401
Dec 200582,79854.9413.42$37,976
Nov 200582,67554.6910.59$28,761
Oct 200563,06958.3413.80$42,689
Sep 200562,77061.4512.08$33,828
Aug 200562,92161.519.80$28,986
Jul 2005132,98955.697.84$24,169
Jun 200572,94252.337.38$22,081
May 2005113,03945.226.65$20,710
Apr 2005113,07549.207.36$23,175
Mar 200583,14050.377.15$22,869
Feb 2005212,49545.226.31$16,698
Jan 2005213,22143.166.32$21,270
Dec 2004193,42039.866.75$23,846
Nov 200493,18145.286.33$20,545
Oct 2004173,26649.706.52$22,123
Sep 2004223,18043.245.28$17,754
Aug 2004213,44142.375.55$19,990
Jul 2004213,36138.286.08$21,253
Jun 2004313,32736.106.43$22,522
May 2004213,37237.486.49$22,687
Apr 2004393,28234.475.86$20,572
Mar 2004213,31134.365.53$19,032
Feb 2004753,22532.455.51$20,202
Jan 2004763,45732.036.30$24,212
Dec 2003763,53530.266.30$24,576
Nov 2003783,41528.804.60$17,939
Oct 200303,42028.174.76$16,278
Sep 2003783,43826.314.75$18,380
Aug 2003393,64129.765.13$19,838
Jul 2003423,53229.415.17$19,499
Jun 2003783,51428.565.98$23,252
May 2003323,72026.595.97$23,069
Apr 200393,59526.675.41$19,679
Mar 200343,88431.146.10$23,802
Feb 200393,22533.487.93$25,862
Jan 200373,76830.315.58$21,245
Dec 200283,85826.914.85$18,941
Nov 200293,76924.664.14$15,814
Oct 200283,49726.464.23$15,001
Sep 200245,71427.443.64$20,881
Aug 2002103,71925.963.16$12,027
Jul 200253,74624.583.06$11,592
Jun 2002103,51123.733.34$11,958
May 2002134,09424.663.58$14,993
Apr 200254,05523.653.51$14,361
Mar 2002124,19222.003.10$13,271
Feb 200263,73818.222.38$8,990
Jan 2002114,18917.172.38$10,141
Dec 2001104,23116.932.36$10,173
Nov 2001104,20818.072.41$10,303
Oct 2001104,42819.782.53$11,396
Sep 200184,22924.262.25$9,715
Aug 200183,82424.873.05$11,874
Jul 200184,02023.933.20$13,044
Jun 200193,91824.563.82$15,204
May 200184,27925.524.31$18,635
Apr 200174,33224.685.34$23,285
Mar 200194,06224.545.38$22,060
Feb 200183,69827.755.77$21,549
Jan 200104,24227.478.40$35,628
Dec 200033,69326.889.12$33,770
Nov 200074,09332.215.66$23,384
Oct 200083,78731.235.15$19,736
Sep 200044,17631.875.19$21,786
Aug 2000104,29429.644.54$19,794
Jul 200084,39628.534.09$18,207
Jun 200084,16729.304.40$18,558
May 2000134,06827.263.68$15,324
Apr 200092,92124.513.12$9,322
Mar 2000123,53928.422.86$10,462
Feb 2000273,44627.622.73$10,141
Jan 2000263,42925.272.48$9,163
Dec 1999283,76024.282.42$9,793
Nov 1999203,60123.192.43$9,229
Oct 1999213,81820.982.80$11,145
Sep 1999173,81921.752.62$10,371
Aug 1999275,02719.262.88$14,976
Jul 1999114,98017.892.37$12,011
Jun 1999505,16015.942.36$12,985
May 1999205,56315.792.32$13,228
Apr 1999242,37815.102.21$5,613
Mar 1999505,48712.471.84$10,710
Feb 1999345,1399.981.82$9,681
Jan 1999445,42410.381.90$10,762
Dec 1998424,6339.201.77$8,602
Nov 1998214,93010.892.19$11,004
Oct 1998205,34112.421.97$10,766
Sep 1998215,34312.592.08$11,392
Aug 1998135,58011.301.91$10,790
Jul 1998145,74111.742.24$13,009
Jun 1998195,05311.242.24$11,518
May 1998355,69212.622.21$13,000
Apr 1998175,58613.042.51$14,216
Mar 1998195,77112.802.31$13,571
Feb 1998125,70713.952.30$13,289
Jan 1998126,09014.702.15$13,299
Dec 1997126,29216.322.41$15,366
Nov 1997136,92318.193.09$21,616
Oct 1997216,94619.253.15$22,283
Sep 199705,56917.742.95$16,456
Aug 199795,86517.862.55$15,144
Jul 199785,84817.582.25$13,281
Jun 1997175,05017.242.26$11,692
May 199785,34818.972.31$12,498
Apr 199795,24117.882.08$11,077
Mar 199796,04918.951.94$11,900
Feb 1997174,89820.492.21$11,153
Jan 199705,85923.483.54$20,739
Dec 1996176,56523.32$396
Nov 199695,76921.97$198
Oct 1996226,45723.31$513
Sep 199686,08622.22$178
Aug 199686,10520.26$162
Jul 1996106,55219.55$196
Jun 199685,79818.73$150
May 1996146,63819.43$272
Apr 199696,45221.51$194
Mar 1996176,30519.38$329
Feb 1996186,24616.98$306
Jan 1996186,71017.07$307
Dec 1995175,72317.19$292
Nov 1995186,22316.00$288
Oct 199597,12315.43$139
Sep 1995185,86616.18$291
Aug 1995166,14615.92$255
Jul 1995156,35915.24$229
Jun 1995126,33516.41$197
May 1995207,06917.56$351
Apr 199516,83717.73$18
Mar 199517,24816.44$16
Feb 199536,49716.58$50
Jan 199597,07015.92$143
Dec 1994207,24115.03$301
Nov 1994736,58915.90$1,161
Oct 1994377,26015.58$576
Sep 1994687,27715.29$1,040
Aug 1994638,11816.13$1,016
Jul 1994188,50017.56$316
Jun 19944010,81717.09$684
May 1994215,88015.88$333
Apr 1994215,87414.14$297
Mar 1994105,41812.46$125
Feb 199483,89212.50$100
Jan 1994194,54712.66$241
Dec 1993376,98812.33$456
Nov 1993308,29814.49$435
Oct 1993169,15515.85$254
Sep 1993299,84515.03$436
Aug 19932910,47015.66$454
Jul 1993299,30915.46$448
Jun 1993277,25216.79$453
May 1993129,33217.68$212
Apr 1993217,84218.05$379
Mar 1993277,97918.14$490
Feb 1993298,43417.90$519
Jan 19934710,85416.93$796

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                1,151 Mcf  × $  3.05 =     $3,506

────────────────────────────────────────────────────
Month total                                   $3,506

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/134175 is the state's own key, not one this site invented.