MERRITT, THOS. C. TRUST GAS UNIT

Operated by CHISOS, LTD. (P-5 149421) 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 142318District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.3 M
Jan 1993 – Feb 2023
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
362
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 Gas111993-01-20126599
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
CondensateDisposition4,765 bbl$137,778
GasProduction1,102,213 Mcf$3,148,777
Total$3,286,555

410,262 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 32.2716, -94.6359. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27158, -94.63588 · 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
10,600 ft
1 wells filed one
Completion to plug
30.3 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 10,600 ft.

Completions filed
Aug 1992
1 of 1 wells
Plug dates filed
Dec 2022
1 of 1 wells

Last completion to plug: a median of 30.3 years across the 1 well that filed both dates, with the middle half between 30.3 years and 30.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40132386210,600 ftAug 1992Dec 2022Yes

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 (362)

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

362 months

Feb 20230075.112.47$0
Jan 202326076.533.39$1,990
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 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190856.272.46$20
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190462.632.75$11
Mar 20190456.803.06$12
Feb 2019031250.852.79$871
Jan 2019028346.033.23$914
Dec 2018045446.594.19$1,900
Nov 2018028752.934.24$1,216
Oct 2018020961.443.40$710
Sep 20180059.543.11$0
Aug 201802059.403.07$61
Jul 20180065.142.93$0
Jun 20180560.183.08$15
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180462.874.01$16
Dec 201706057.272.92$175
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 2017058747.523.09$1,812
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 201701242.493.09$37
May 201701145.373.26$36
Apr 201701647.933.21$51
Mar 20170146.772.98$3
Feb 20170250.452.95$6
Jan 2017026349.413.42$899
Dec 2016039948.763.72$1,485
Nov 2016054342.492.64$1,436
Oct 2016056446.193.09$1,743
Sep 2016054841.553.10$1,699
Aug 2016058841.442.92$1,720
Jul 2016059241.622.92$1,731
Jun 2016065245.352.69$1,751
May 2016071342.521.99$1,420
Apr 2016062936.561.99$1,252
Mar 2016075933.011.79$1,362
Feb 2016095726.472.06$1,975
Jan 2016083627.352.36$1,977
Dec 2015073632.362.00$1,473
Nov 201501,01638.792.17$2,202
Oct 2015013843.552.43$335
Sep 2015018342.992.76$505
Aug 2015053340.162.87$1,531
Jul 2015046648.152.95$1,372
Jun 2015054656.152.88$1,574
May 2015048455.212.96$1,430
Apr 2015058549.822.71$1,583
Mar 2015033342.892.93$977
Feb 201501,14444.662.98$3,405
Jan 201501,36443.433.10$4,229
Dec 201401,34054.693.59$4,812
Nov 2014581,42770.464.25$10,154
Oct 201401,33778.303.90$5,216
Sep 201401,24986.164.05$5,053
Aug 201401,37489.394.04$5,544
Jul 201401,49396.564.18$6,240
Jun 201401,37798.164.74$6,523
May 201401,34094.734.73$6,334
Apr 201401,65595.944.81$7,959
Mar 201401,94795.895.06$9,846
Feb 201401,72997.406.19$10,706
Jan 201402,00490.404.86$9,741
Dec 201302,14191.824.35$9,323
Nov 201301,60988.853.74$6,015
Oct 201302,13197.423.78$8,054
Sep 201301,974104.113.72$7,339
Aug 201302,045104.253.52$7,204
Jul 2013641,534102.523.72$12,264
Jun 201301,70494.403.93$6,703
May 201301,62394.834.15$6,734
Apr 201301,59293.964.28$6,818
Mar 201301,63493.623.91$6,394
Feb 201301,30191.233.42$4,449
Jan 201301,60991.603.42$5,503
Dec 201201,92486.773.42$6,580
Nov 201201,65886.953.62$6,010
Oct 201201,98089.383.40$6,731
Sep 201201,91094.672.92$5,574
Aug 201201,74492.662.91$5,072
Jul 2012591,92585.133.02$10,838
Jun 201201,68779.822.52$4,250
May 201201,92691.612.49$4,793
Apr 201201,505101.652.00$3,005
Mar 201202,090105.052.22$4,644
Feb 2012671,935101.102.57$11,747
Jan 201202,05398.092.73$5,613
Dec 201101,84196.873.24$5,964
Nov 201101,13595.723.31$3,758
Oct 201101,69184.983.65$6,170
Sep 201101,54883.623.99$6,170
Aug 201101,59383.404.15$6,610
Jul 201101,61694.144.52$7,300
Jun 201101,57092.904.64$7,285
May 201101,70498.134.40$7,506
Apr 201101,632105.964.33$7,072
Mar 2011831,94696.364.06$15,893
Feb 201101,73085.644.18$7,231
Jan 201101,77086.504.59$8,122
Dec 201001,80885.734.35$7,861
Nov 201001,78080.843.80$6,756
Oct 201001,75478.103.51$6,155
Sep 201001,61872.633.98$6,439
Aug 201001,75173.684.42$7,738
Jul 201001,78672.554.74$8,459
Jun 201001,85570.364.91$9,109
May 201002,05971.124.24$8,720
Apr 201002,06681.694.12$8,517
Mar 2010891,33778.394.39$12,844
Feb 201001,46573.585.44$7,973
Jan 201001,42574.365.96$8,499
Dec 200901,36571.445.48$7,485
Nov 200901,51674.593.75$5,687
Oct 200901,37172.544.11$5,635
Sep 200901,51565.543.06$4,643
Aug 200901,67967.423.22$5,404
Jul 200901,53061.133.46$5,301
Jun 200901,63466.163.90$6,364
May 200901,72654.743.93$6,776
Apr 200901,42546.773.59$5,112
Mar 200901,77542.144.06$7,205
Feb 200901,38532.814.63$6,417
Jan 200901,72635.865.37$9,270
Dec 200801,87537.105.98$11,207
Nov 200801,96655.496.86$13,487
Oct 200802,26775.246.92$15,692
Sep 200802,106101.767.88$16,589
Aug 2008592,340114.228.48$26,589
Jul 2008612,182131.0811.39$32,848
Jun 200802,359131.3313.03$30,744
May 200802,452123.1711.57$28,380
Apr 200802,331110.3110.45$24,370
Mar 200802,814101.909.66$27,195
Feb 200802,26592.538.77$19,865
Jan 200802,59790.388.21$21,310
Dec 200702,51388.337.30$18,350
Nov 200702,93891.677.29$21,423
Oct 200702,92882.856.92$20,268
Sep 200702,87375.846.24$17,939
Aug 2007732,86969.066.39$23,368
Jul 200702,72170.906.39$17,382
Jun 200702,72362.007.55$20,554
May 200702,79158.747.85$21,899
Apr 200702,66559.617.81$20,801
Mar 200702,43856.927.30$17,802
Feb 200702,27655.108.22$18,700
Jan 200702,49750.306.73$16,797
Dec 200602,69756.656.92$18,659
Nov 200602,61154.207.62$19,889
Oct 200603,13354.906.01$18,841
Sep 200602,96360.085.04$14,925
Aug 2006723,21868.717.34$28,567
Jul 200603,04969.376.34$19,339
Jun 200602,89466.286.38$18,475
May 200602,98066.016.42$19,147
Apr 200602,87364.397.36$21,147
Mar 200602,85156.707.08$20,193
Feb 200602,45757.597.75$19,045
Jan 200602,97560.598.93$26,577
Dec 200503,42654.9413.42$45,961
Nov 200504,23854.6910.59$44,874
Oct 200503,81058.3413.80$52,562
Sep 200503,17661.4512.08$38,363
Aug 200503,13661.519.80$30,723
Jul 200503,21955.697.84$25,249
Jun 200503,10352.337.38$22,903
May 200503,20645.226.65$21,324
Apr 200503,25949.207.36$23,988
Mar 200502,91550.377.15$20,856
Feb 2005753,35745.226.31$24,581
Jan 200503,26743.166.32$20,655
Dec 200403,56539.866.75$24,068
Nov 200403,05445.286.33$19,333
Oct 200402,84749.706.52$18,548
Sep 200402,70943.245.28$14,314
Aug 200403,09342.375.55$17,168
Jul 200403,12138.286.08$18,989
Jun 200402,96236.106.43$19,055
May 200403,02937.486.49$19,672
Apr 200402,60334.475.86$15,250
Mar 200403,82134.365.53$21,131
Feb 200403,06032.455.51$16,859
Jan 200404,18532.036.30$26,364
Dec 200304,02130.266.30$25,339
Nov 200304,03828.804.60$18,555
Oct 2003614,12628.174.76$21,357
Sep 200304,00026.314.75$18,997
Aug 200303,87029.765.13$19,852
Jul 200304,20629.415.17$21,749
Jun 200303,76028.565.98$22,496
May 200304,06326.595.97$24,267
Apr 200304,23726.675.41$22,911
Mar 200304,20431.146.10$25,628
Feb 200304,16433.487.93$33,003
Jan 2003584,81330.315.58$28,624
Dec 200204,94026.914.85$23,978
Nov 200205,04024.664.14$20,850
Oct 200204,94326.464.23$20,905
Sep 200204,77327.443.64$17,351
Aug 2002644,91425.963.16$17,210
Jul 200204,57424.583.06$14,004
Jun 200203,91223.733.34$13,059
May 200203,86224.663.58$13,841
Apr 200203,78123.653.51$13,280
Mar 20020122.003.10$3
Feb 200203,85518.222.38$9,158
Jan 2002674,05517.172.38$10,784
Dec 200104,47316.932.36$10,576
Nov 200108,84818.072.41$21,284
Oct 200104,63319.782.53$11,716
Sep 2001574,87724.262.25$12,363
Aug 200104,55424.873.05$13,904
Jul 200103,82323.933.20$12,222
Jun 200103,62424.563.82$13,859
May 200103,00625.524.31$12,948
Apr 2001644,00224.685.34$22,931
Mar 200103,43624.545.38$18,473
Feb 200133,86427.755.77$22,367
Jan 200103,71127.478.40$31,168
Dec 200003,61026.889.12$32,932
Nov 200002,86132.215.66$16,188
Oct 200005,32631.235.15$27,405
Sep 2000635,00131.875.19$27,946
Aug 200004,77829.644.54$21,696
Jul 2000215,26928.534.09$22,148
Jun 200005,70129.304.40$25,069
May 200005,32827.263.68$19,606
Apr 200055,76424.513.12$18,083
Mar 200004,97628.422.86$14,230
Feb 200004,32527.622.73$11,792
Jan 200003,67725.272.48$9,121
Dec 199904,22024.282.42$10,228
Nov 199904,85523.192.43$11,817
Oct 1999883,95620.982.80$12,938
Sep 199905,80421.752.62$15,200
Aug 199903,94719.262.88$11,350
Jul 199904,59817.892.37$10,908
Jun 199964,22615.942.36$10,078
May 1999115,87015.792.32$13,798
Apr 1999792,96415.102.21$7,738
Mar 199953,35012.471.84$6,221
Feb 199903,5289.981.82$6,413
Jan 1999324,32410.381.90$8,548
Dec 199836,0499.201.77$10,754
Nov 199804,13210.892.19$9,031
Oct 1998644,30912.421.97$9,280
Sep 199824,83512.592.08$10,095
Aug 199803,61911.301.91$6,903
Jul 199803,87411.742.24$8,667
Jun 199804,71911.242.24$10,558
May 1998415,03112.622.21$11,618
Apr 199805,18513.042.51$12,990
Mar 1998376,30912.802.31$15,044
Feb 199816,59713.952.30$15,181
Jan 199806,60614.702.15$14,235
Dec 1997377,53016.322.41$18,759
Nov 199714,45818.193.09$13,786
Oct 199704,59719.253.15$14,480
Sep 199713,62117.742.95$10,717
Aug 199714,57417.862.55$11,703
Jul 1997744,88917.582.25$12,286
Jun 199725,35117.242.26$12,113
May 1997775,18018.972.31$13,419
Apr 199725,36117.882.08$11,202
Mar 199705,38318.951.94$10,438
Feb 1997745,03820.492.21$12,630
Jan 199734,31223.483.54$15,334
Dec 199623,96223.32$47
Nov 1996665,08721.97$1,450
Oct 199605,41623.31$0
Sep 199605,54222.22$0
Aug 1996516,09920.26$1,033
Jul 199616,20419.55$20
Jun 199603,69218.73$0
May 1996222,48719.43$427
Apr 199602,60721.51$0
Mar 1996343,19119.38$659
Feb 199602,01516.98$0
Jan 199603,61917.07$0
Dec 1995614,07217.19$1,049
Nov 1995595,57516.00$944
Oct 1995586,26915.43$895
Sep 199504,22816.18$0
Aug 1995634,85315.92$1,003
Jul 199506,91915.24$0
Jun 1995667,14316.41$1,083
May 1995557,54917.56$966
Apr 199535,85217.73$53
Mar 1995656,78816.44$1,069
Feb 199527,22816.58$33
Jan 1995397,74115.92$621
Dec 1994436,85015.03$646
Nov 199427,52015.90$32
Oct 1994558,22815.58$857
Sep 1994438,19615.29$657
Aug 1994158,67716.13$242
Jul 19944610,91317.56$808
Jun 1994658,61817.09$1,111
May 1994437,86215.88$683
Apr 1994706,17414.14$990
Mar 1994619,36912.46$760
Feb 1994889,87712.50$1,100
Jan 19948011,75512.66$1,013
Dec 19935611,48812.33$690
Nov 19935611,64514.49$811
Oct 19937313,23315.85$1,157
Sep 19938612,56815.03$1,293
Aug 199313515,21815.66$2,114
Jul 19936414,33415.46$989
Jun 199312214,61916.79$2,048
May 199314216,21617.68$2,511
Apr 199315317,16718.05$2,762
Mar 199322318,77418.14$4,045
Feb 199331518,44517.90$5,639
Jan 199319218,37816.93$3,251

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.

Jan 2023 — as filed, then multipliedworked
Condensate            26 bbl  × $ 76.53 =     $1,990
Gas                    0 Mcf  × $  3.39 =         $0

────────────────────────────────────────────────────
Month total                                   $1,990

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/142318 is the state's own key, not one this site invented.