FINDLEY GAS UNIT "B"

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

Gas lease lease 140721District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Jan 1993 – Jan 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
361
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 368 leases and 368 wells, and the rule below applies to all of them.

Discovered
1965-01-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2010-11-02.

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 Gas111992-05-08124552
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
CondensateDisposition16,183 bbl$847,397
GasProduction682,572 Mcf$1,726,268
Total$2,573,665

282,785 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 32.6663, -94.3093. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.66627, -94.30932 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,000 ft
1 wells filed one
Completion to plug
30.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,000 ft.

Completions filed
Feb 1992
1 of 1 wells
Plug dates filed
Jan 2023
1 of 1 wells

Last completion to plug: a median of 30.9 years across the 1 well that filed both dates, with the middle half between 30.9 years and 30.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20332025310,000 ftFeb 1992Jan 2023Yes

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 (361)

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

361 months

Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20201049.881.98$50
Jan 202082857.252.09$517
Dec 20193423559.012.30$2,548
Nov 2019116655.302.75$790
Oct 2019139453.472.42$922
Sep 2019159055.052.66$1,065
Aug 20196352553.112.30$4,556
Jul 20191711556.272.46$1,240
Jun 20195641452.782.49$3,987
May 20195837058.482.74$4,406
Apr 20195530962.632.75$4,295
Mar 20195938256.803.06$4,521
Feb 20195533950.852.79$3,743
Jan 20195431646.033.23$3,506
Dec 20185534846.594.19$4,019
Nov 20185138352.934.24$4,322
Oct 20183826861.443.40$3,245
Sep 20184031559.543.11$3,361
Aug 20183121659.403.07$2,504
Jul 20184927165.142.93$3,986
Jun 20185135360.183.08$4,155
May 20183022765.382.90$2,620
Apr 20181712563.842.90$1,448
Mar 20183215461.222.79$2,388
Feb 20186639761.782.77$5,176
Jan 20183232862.874.01$3,327
Dec 20173741957.272.92$3,343
Nov 20172627855.423.12$2,308
Oct 20172845149.292.98$2,726
Sep 20178642347.523.09$5,393
Aug 20178142745.373.00$4,958
Jul 20178850243.873.09$5,410
Jun 20178443842.493.09$4,921
May 20179646245.373.26$5,863
Apr 20179543547.933.21$5,950
Mar 201710246046.772.98$6,143
Feb 20179544450.452.95$6,104
Jan 201710064549.413.42$7,146
Dec 201610466848.763.72$7,558
Nov 20169674042.492.64$6,036
Oct 20167465846.193.09$5,451
Sep 20163855541.553.10$3,300
Aug 20163755541.442.92$3,156
Jul 20163764741.622.92$3,432
Jun 20163570345.352.69$3,475
May 20163381942.521.99$3,034
Apr 2016341,03936.561.99$3,312
Mar 2016391,06333.011.79$3,194
Feb 20163244526.472.06$1,765
Jan 20164050727.352.36$2,293
Dec 20153974832.362.00$2,759
Nov 2015064438.792.17$1,396
Oct 2015065043.552.43$1,577
Sep 2015083042.992.76$2,289
Aug 2015055040.162.87$1,580
Jul 2015082648.152.95$2,433
Jun 201501,49156.152.88$4,298
May 2015040155.212.96$1,185
Apr 201501,03049.822.71$2,788
Mar 201506142.892.93$179
Feb 201509144.662.98$271
Jan 2015091443.433.10$2,834
Dec 2014012254.693.59$438
Nov 2014058970.464.25$2,504
Oct 201401,80878.303.90$7,053
Sep 201405186.164.05$206
Aug 201408589.394.04$343
Jul 2014048496.564.18$2,023
Jun 2014053098.164.74$2,511
May 2014077194.734.73$3,644
Apr 2014048095.944.81$2,308
Mar 2014010295.895.06$516
Feb 2014010097.406.19$619
Jan 2014060090.404.86$2,916
Dec 201309991.824.35$431
Nov 2013122688.853.74$934
Oct 20135515997.423.78$5,959
Sep 201347219104.113.72$5,707
Aug 201360241104.253.52$7,104
Jul 201362778102.523.72$9,249
Jun 20135367394.403.93$7,650
May 20136463394.834.15$8,695
Apr 20136560193.964.28$8,681
Mar 20137566193.623.91$9,608
Feb 20137976491.233.42$9,820
Jan 20138055891.603.42$9,236
Dec 20127072286.773.42$8,543
Nov 20124756486.953.62$6,131
Oct 20123584789.383.40$6,008
Sep 2012080394.672.92$2,343
Aug 2012086192.662.91$2,504
Jul 2012072485.133.02$2,187
Jun 2012078279.822.52$1,970
May 2012090691.612.49$2,254
Apr 20120827101.652.00$1,651
Mar 20120587105.052.22$1,304
Feb 20120643101.102.57$1,653
Jan 2012044798.092.73$1,222
Dec 2011080996.873.24$2,621
Nov 201101,04595.723.31$3,460
Oct 2011085184.983.65$3,105
Sep 201101,07783.623.99$4,293
Aug 201101,26783.404.15$5,257
Jul 201101,25394.144.52$5,660
Jun 201101,14692.904.64$5,317
May 2011072998.134.40$3,211
Apr 201101,135105.964.33$4,918
Mar 2011076696.364.06$3,108
Feb 2011065285.644.18$2,725
Jan 201101,11586.504.59$5,116
Dec 2010153085.734.35$2,390
Nov 20102032380.843.80$2,843
Oct 20103557278.103.51$4,741
Sep 20104282272.633.98$6,322
Aug 2010381,14873.684.42$7,873
Jul 2010351,36472.554.74$9,000
Jun 20104793170.364.91$7,879
May 20104789471.124.24$7,129
Apr 20106569081.694.12$8,155
Mar 20106192178.394.39$8,824
Feb 2010641,08073.585.44$10,587
Jan 20106489774.365.96$10,109
Dec 2009771,18471.445.48$11,994
Nov 2009781,56474.593.75$11,685
Oct 20095073772.544.11$6,656
Sep 20093546765.543.06$3,725
Aug 20091261,62967.423.22$13,738
Jul 20098991361.133.46$8,604
Jun 20099485666.163.90$9,553
May 20091461,52454.743.93$13,975
Apr 20094243146.773.59$3,511
Mar 20097067842.144.06$5,702
Feb 2009901,00032.814.63$7,586
Jan 2009851,12135.865.37$9,069
Dec 20081101,44337.105.98$12,706
Nov 2008911,02855.496.86$12,102
Oct 20081201,24475.246.92$17,640
Sep 20081011,074101.767.88$18,738
Aug 200865700114.228.48$13,362
Jul 20081021,144131.0811.39$26,400
Jun 2008891,067131.3313.03$25,594
May 200871801123.1711.57$18,016
Apr 200897968110.3110.45$20,820
Mar 20081381,415101.909.66$27,737
Feb 20081911,49692.538.77$30,794
Jan 20082081,63490.388.21$32,207
Dec 20071891,72488.337.30$29,283
Nov 20071812,02591.677.29$31,358
Oct 20071842,24682.856.92$30,791
Sep 20071732,33475.846.24$27,694
Aug 20071572,04169.066.39$23,880
Jul 20071772,40270.906.39$27,893
Jun 20071732,06062.007.55$26,276
May 20072232,74858.747.85$34,661
Apr 20073143,90259.617.81$49,173
Mar 20072753,36956.927.30$40,253
Feb 20073263,48855.108.22$46,620
Jan 20073694,57350.306.73$49,323
Dec 20064695,33556.656.92$63,479
Nov 20065927,10054.207.62$86,171
Oct 20066899,35354.906.01$94,073
Sep 200688213,04860.085.04$118,716
Aug 2006151,89468.717.34$14,932
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20041045.286.33$45
Oct 2004866449.706.52$4,724
Sep 2004151,58743.245.28$9,034
Aug 2004171,89342.375.55$11,228
Jul 2004161,42038.286.08$9,252
Jun 2004464,50436.106.43$30,635
May 2004161,38337.486.49$9,582
Apr 2004878434.475.86$4,869
Mar 2004181,69634.365.53$9,998
Feb 2004171,61832.455.51$9,466
Jan 2004151,55232.036.30$10,257
Dec 2003171,69030.266.30$11,164
Nov 2003291,59228.804.60$8,151
Oct 2003301,77428.174.76$9,289
Sep 2003311,59326.314.75$8,381
Aug 2003351,78429.765.13$10,193
Jul 2003311,64529.415.17$9,418
Jun 2003281,80128.565.98$11,575
May 2003351,82926.595.97$11,855
Apr 2003351,79826.675.41$10,656
Mar 2003361,86031.146.10$12,460
Feb 2003381,72133.487.93$14,913
Jan 2003382,06730.315.58$12,690
Dec 2002232,12826.914.85$10,948
Nov 2002282,30824.664.14$10,239
Oct 2002212,22826.464.23$9,978
Sep 2002202,20927.443.64$8,579
Aug 2002575225.963.16$2,509
Jul 2002111,42624.583.06$4,636
Jun 2002182,06423.733.34$7,317
May 2002252,21224.663.58$8,544
Apr 2002211,99823.653.51$7,514
Mar 2002232,24122.003.10$7,459
Feb 2002151,51518.222.38$3,872
Jan 2002212,13117.172.38$5,423
Dec 2001202,07416.932.36$5,242
Nov 2001182,36418.072.41$6,012
Oct 2001212,82719.782.53$7,565
Sep 2001202,42424.262.25$5,942
Aug 2001172,54924.873.05$8,205
Jul 2001172,58223.933.20$8,662
Jun 2001142,54724.563.82$10,084
May 2001182,69025.524.31$12,046
Apr 2001233,19524.685.34$17,614
Mar 2001212,54924.545.38$14,220
Feb 2001182,43427.755.77$14,537
Jan 2001212,79627.478.40$24,060
Dec 2000192,57826.889.12$24,029
Nov 2000172,88832.215.66$16,888
Oct 2000173,00731.235.15$16,003
Sep 2000162,95331.875.19$15,826
Aug 2000183,06129.644.54$14,433
Jul 2000183,47928.534.09$14,742
Jun 2000172,67529.304.40$12,261
May 2000182,83327.263.68$10,915
Apr 2000273,36024.513.12$11,132
Mar 2000223,55828.422.86$10,800
Feb 2000233,54527.622.73$10,301
Jan 2000222,98825.272.48$7,968
Dec 1999213,22024.282.42$8,314
Nov 1999223,57523.192.43$9,212
Oct 1999214,36820.982.80$12,687
Sep 1999244,91821.752.62$13,402
Aug 1999235,64019.262.88$16,661
Jul 1999379017.892.37$1,928
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999142,30512.471.84$4,412
Feb 1999223,6239.981.82$6,805
Jan 1999253,85510.381.90$7,584
Dec 1998223,4269.201.77$6,278
Nov 1998151,78110.892.19$4,056
Oct 1998263,39412.421.97$7,006
Sep 1998151,98912.592.08$4,331
Aug 1998192,52711.301.91$5,035
Jul 1998201,88411.742.24$4,450
Jun 1998312,04711.242.24$4,928
May 1998343,88612.622.21$9,003
Apr 1998413,84313.042.51$10,163
Mar 1998484,24612.802.31$10,420
Feb 1998212,16013.952.30$5,259
Jan 1998192,05814.702.15$4,714
Dec 1997253,13316.322.41$7,962
Nov 1997263,10018.193.09$10,047
Oct 1997264,17419.253.15$13,648
Sep 1997192,46717.742.95$7,627
Aug 1997192,54117.862.55$6,831
Jul 1997251,90417.582.25$4,718
Jun 1997273,17517.242.26$7,632
May 1997304,07418.972.31$9,974
Apr 1997232,41017.882.08$5,431
Mar 1997303,61718.951.94$7,582
Feb 1997373,66720.492.21$8,847
Jan 1997334,05623.483.54$15,132
Dec 1996384,04823.32$886
Nov 1996404,36921.97$879
Oct 1996314,08823.31$723
Sep 1996344,43222.22$755
Aug 1996364,74120.26$729
Jul 1996364,68219.55$704
Jun 1996384,26218.73$712
May 1996444,42819.43$855
Apr 1996434,25621.51$925
Mar 1996424,40719.38$814
Feb 1996424,17516.98$713
Jan 1996464,52017.07$785
Dec 1995454,78517.19$774
Nov 1995474,76716.00$752
Oct 1995415,16215.43$633
Sep 1995485,12116.18$777
Aug 1995495,57115.92$780
Jul 1995516,04815.24$777
Jun 1995192,65016.41$312
May 1995405,37117.56$702
Apr 1995425,70317.73$745
Mar 1995646,00216.44$1,052
Feb 1995415,48716.58$680
Jan 1995466,06415.92$732
Dec 1994536,51015.03$797
Nov 1994456,33815.90$716
Oct 1994476,64115.58$732
Sep 1994446,53715.29$673
Aug 1994506,57416.13$807
Jul 1994616,92517.56$1,071
Jun 1994525,86717.09$889
May 1994706,65715.88$1,112
Apr 1994605,63914.14$848
Mar 1994726,66812.46$897
Feb 1994686,06112.50$850
Jan 1994756,85712.66$950
Dec 1993787,13712.33$962
Nov 1993837,62814.49$1,203
Oct 1993848,78615.85$1,331
Sep 1993747,59615.03$1,112
Aug 1993445,27915.66$689
Jul 1993717,28515.46$1,098
Jun 1993787,52816.79$1,310
May 1993827,30417.68$1,450
Apr 1993939,06818.05$1,679
Mar 19931139,79518.14$2,050
Feb 1993125,25217.90$215
Jan 199307,71416.93$0

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.

Feb 2020 — as filed, then multipliedworked
Condensate             1 bbl  × $ 49.88 =        $50
Gas                    0 Mcf  × $  1.98 =         $0

────────────────────────────────────────────────────
Month total                                      $50

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/140721 is the state's own key, not one this site invented.