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 144832District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Feb 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
400
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 Gas111993-05-25127532
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
CondensateDisposition3,642 bbl$79,472
GasProduction1,193,035 Mcf$2,513,270
Total$2,592,742

626,228 Mcf of this lease's gas, across 47 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 32.2662, -94.6378. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.26623, -94.63784 · 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
10,630 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 10,630 ft.

Completions filed
Feb 1993
1 of 1 wells

1 well

42-40132421310,630 ftFeb 1993

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 (400)

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

400 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
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 202001638.371.83$29
Jun 2020022034.901.69$372
May 2020031616.921.81$573
Apr 20200014.751.80$0
Mar 202001430.341.86$26
Feb 2020015449.881.98$305
Jan 2020011757.252.09$245
Dec 2019019859.012.30$456
Nov 2019023155.302.75$635
Oct 2019027353.472.42$660
Sep 2019043555.052.66$1,156
Aug 201901553.112.30$35
Jul 201906456.272.46$157
Jun 2019043952.782.49$1,094
May 2019049958.482.74$1,367
Apr 2019051362.632.75$1,411
Mar 2019047356.803.06$1,448
Feb 2019044050.852.79$1,229
Jan 2019034646.033.23$1,117
Dec 2018015046.594.19$628
Nov 2018034452.934.24$1,458
Oct 2018043561.443.40$1,478
Sep 2018055159.543.11$1,713
Aug 2018050959.403.07$1,561
Jul 2018048265.142.93$1,413
Jun 2018049060.183.08$1,508
May 2018045165.382.90$1,308
Apr 2018052763.842.90$1,529
Mar 2018057161.222.79$1,591
Feb 2018048761.782.77$1,347
Jan 2018073862.874.01$2,959
Dec 2017040357.272.92$1,177
Nov 2017033255.423.12$1,035
Oct 2017060249.292.98$1,796
Sep 2017039547.523.09$1,219
Aug 2017055045.373.00$1,652
Jul 2017052043.873.09$1,605
Jun 2017027142.493.09$837
May 2017029445.373.26$959
Apr 2017037747.933.21$1,211
Mar 2017049746.772.98$1,483
Feb 2017060250.452.95$1,777
Jan 2017049649.413.42$1,696
Dec 2016072348.763.72$2,692
Nov 2016065842.492.64$1,740
Oct 20160746.193.09$22
Sep 2016070141.553.10$2,174
Aug 2016071541.442.92$2,091
Jul 2016058141.622.92$1,699
Jun 2016063445.352.69$1,703
May 2016062842.521.99$1,250
Apr 2016056236.561.99$1,119
Mar 2016057033.011.79$1,023
Feb 2016063926.472.06$1,319
Jan 201601,09327.352.36$2,584
Dec 2015083832.362.00$1,677
Nov 2015094738.792.17$2,052
Oct 201501,92343.552.43$4,666
Sep 201501,73542.992.76$4,786
Aug 201501,52240.162.87$4,372
Jul 2015095748.152.95$2,818
Jun 2015093656.152.88$2,698
May 2015094855.212.96$2,802
Apr 2015070749.822.71$1,914
Mar 2015056142.892.93$1,646
Feb 2015087044.662.98$2,589
Jan 201501,22543.433.10$3,798
Dec 201401,40254.693.59$5,035
Nov 2014191,61370.464.25$8,197
Oct 201401,58978.303.90$6,199
Sep 201401,70086.164.05$6,877
Aug 201402,62289.394.04$10,580
Jul 201403,07796.564.18$12,861
Jun 201401,62498.164.74$7,693
May 201401,78694.734.73$8,442
Apr 201401,79095.944.81$8,608
Mar 201402,15295.895.06$10,882
Feb 201402,11697.406.19$13,102
Jan 201401,73290.404.86$8,419
Dec 201302,56591.824.35$11,169
Nov 201302,92988.853.74$10,949
Oct 201302,79397.423.78$10,556
Sep 201302,943104.113.72$10,941
Aug 201302,375104.253.52$8,366
Jul 2013212,184102.523.72$10,272
Jun 201302,57494.403.93$10,125
May 201302,42494.834.15$10,057
Apr 201302,48593.964.28$10,642
Mar 201302,45893.623.91$9,618
Feb 201302,51791.233.42$8,608
Jan 201302,98391.603.42$10,202
Dec 201202,73186.773.42$9,340
Nov 201202,59386.953.62$9,400
Oct 201202,61889.383.40$8,900
Sep 201202,40894.672.92$7,028
Aug 201201,81192.662.91$5,267
Jul 2012192,95485.133.02$10,541
Jun 201202,42579.822.52$6,109
May 201203,27391.612.49$8,144
Apr 201202,494101.652.00$4,980
Mar 201203,093105.052.22$6,873
Feb 2012212,858101.102.57$9,469
Jan 201202,91598.092.73$7,970
Dec 201102,74296.873.24$8,883
Nov 201102,18195.723.31$7,222
Oct 201102,65484.983.65$9,683
Sep 201102,86583.623.99$11,419
Aug 201102,83983.404.15$11,780
Jul 201103,41094.144.52$15,404
Jun 201103,00292.904.64$13,929
May 201103,18598.134.40$14,029
Apr 201102,195105.964.33$9,512
Mar 2011252,37896.364.06$12,057
Feb 201101,85185.644.18$7,737
Jan 201102,14086.504.59$9,820
Dec 201001,91785.734.35$8,335
Nov 201002,38880.843.80$9,063
Oct 201002,36978.103.51$8,313
Sep 201002,24072.633.98$8,914
Aug 201002,36573.684.42$10,452
Jul 201002,29772.554.74$10,880
Jun 201002,45070.364.91$12,030
May 201002,88571.124.24$12,219
Apr 201002,88981.694.12$11,910
Mar 2010281,45478.394.39$8,576
Feb 201001,90073.585.44$10,340
Jan 201001,73574.365.96$10,348
Dec 200901,67071.445.48$9,158
Nov 200902,15674.593.75$8,088
Oct 200901,92672.544.11$7,916
Sep 200901,91365.543.06$5,863
Aug 200902,30467.423.22$7,415
Jul 200902,34261.133.46$8,114
Jun 200902,41866.163.90$9,418
May 200902,66654.743.93$10,466
Apr 200902,10446.773.59$7,548
Mar 200902,48642.144.06$10,091
Feb 200901,88532.814.63$8,733
Jan 200902,17035.865.37$11,655
Dec 200802,66237.105.98$15,911
Nov 200802,91855.496.86$20,019
Oct 200802,03675.246.92$14,093
Sep 200803,081101.767.88$24,269
Aug 2008192,976114.228.48$27,416
Jul 2008203,478131.0811.39$42,234
Jun 200803,430131.3313.03$44,702
May 200803,173123.1711.57$36,725
Apr 200802,625110.3110.45$27,444
Mar 200803,231101.909.66$31,225
Feb 200803,45492.538.77$30,294
Jan 200803,39590.388.21$27,858
Dec 200703,18188.337.30$23,228
Nov 200703,43491.677.29$25,040
Oct 200703,95282.856.92$27,356
Sep 200703,54575.846.24$22,136
Aug 2007234,09969.066.39$27,773
Jul 200703,96470.906.39$25,322
Jun 200704,04462.007.55$30,526
May 200703,69958.747.85$29,023
Apr 200703,71159.617.81$28,965
Mar 200703,88556.927.30$28,368
Feb 200702,62555.108.22$21,567
Jan 200702,86650.306.73$19,279
Dec 200603,40756.656.92$23,571
Nov 200604,16854.207.62$31,750
Oct 200604,40154.906.01$26,467
Sep 200604,44660.085.04$22,395
Aug 2006195,58368.717.34$42,284
Jul 200605,53369.376.34$35,094
Jun 200605,17066.286.38$33,005
May 200602,99166.016.42$19,217
Apr 200603,14764.397.36$23,163
Mar 200602,30656.707.08$16,333
Feb 200601,60257.597.75$12,417
Jan 200601,79160.598.93$16,000
Dec 2005050954.9413.42$6,828
Nov 2005046054.6910.59$4,871
Oct 2005019858.3413.80$2,732
Sep 2005021661.4512.08$2,609
Aug 2005043361.519.80$4,242
Jul 2005059455.697.84$4,659
Jun 2005058352.337.38$4,303
May 2005058145.226.65$3,864
Apr 2005048549.207.36$3,570
Mar 2005044350.377.15$3,170
Feb 20052464745.226.31$5,169
Jan 2005044743.166.32$2,826
Dec 2004037739.866.75$2,545
Nov 2004047645.286.33$3,013
Oct 2004057349.706.52$3,733
Sep 2004050043.245.28$2,642
Aug 2004053042.375.55$2,942
Jul 2004061738.286.08$3,754
Jun 2004054836.106.43$3,525
May 2004057337.486.49$3,721
Apr 2004054534.475.86$3,193
Mar 2004050634.365.53$2,798
Feb 2004047632.455.51$2,623
Jan 2004098932.036.30$6,230
Dec 2003071630.266.30$4,512
Nov 2003075828.804.60$3,483
Oct 20032887728.174.76$4,963
Sep 2003063226.314.75$3,002
Aug 2003071329.765.13$3,657
Jul 2003083429.415.17$4,312
Jun 200301,13828.565.98$6,809
May 200301,36026.595.97$8,123
Apr 2003093926.675.41$5,077
Mar 2003077831.146.10$4,743
Feb 2003086733.487.93$6,872
Jan 20035084530.315.58$6,232
Dec 200201,14626.914.85$5,562
Nov 200201,13524.664.14$4,695
Oct 200201,58226.464.23$6,690
Sep 200201,50627.443.64$5,475
Aug 2002641,65925.963.16$6,911
Jul 200201,76124.583.06$5,392
Jun 200202,25323.733.34$7,521
May 200201,88724.663.58$6,763
Apr 200201,73123.653.51$6,080
Mar 200202,07122.003.10$6,426
Feb 200201,50318.222.38$3,571
Jan 2002631,82417.172.38$5,415
Dec 200102,32216.932.36$5,490
Nov 200102,84718.072.41$6,849
Oct 200103,24219.782.53$8,199
Sep 2001503,13524.262.25$8,271
Aug 200101,93424.873.05$5,905
Jul 200101,36323.933.20$4,358
Jun 200101,42424.563.82$5,446
May 2001072725.524.31$3,131
Apr 2001561,48824.685.34$9,321
Mar 200101,04824.545.38$5,635
Feb 200121,35727.755.77$7,881
Jan 200102,31427.478.40$19,435
Dec 200001,66326.889.12$15,171
Nov 200003,90032.215.66$22,066
Oct 200005,26031.235.15$27,065
Sep 2000575,50431.875.19$30,363
Aug 200006,16329.644.54$27,985
Jul 2000185,81428.534.09$24,291
Jun 200005,82029.304.40$25,592
May 200004,35927.263.68$16,040
Apr 200044,52224.513.12$14,189
Mar 200004,48328.422.86$12,820
Feb 200003,07927.622.73$8,395
Jan 200003,75425.272.48$9,312
Dec 199904,18024.282.42$10,131
Nov 199903,81123.192.43$9,276
Oct 1999464,17420.982.80$12,668
Sep 199904,37821.752.62$11,465
Aug 199903,80719.262.88$10,947
Jul 199902,10517.892.37$4,994
Jun 199933,41615.942.36$8,117
May 1999113,91115.792.32$9,251
Apr 1999473,60315.102.21$8,665
Mar 199933,10612.471.84$5,747
Feb 199903,5539.981.82$6,459
Jan 1999234,02210.381.90$7,880
Dec 199823,9629.201.77$7,044
Nov 199814,02010.892.19$8,797
Oct 1998564,35412.421.97$9,269
Sep 199813,56012.592.08$7,427
Aug 199803,87011.301.91$7,381
Jul 199804,73811.742.24$10,600
Jun 199804,82111.242.24$10,786
May 1998534,87612.622.21$11,427
Apr 199804,88813.042.51$12,246
Mar 1998624,78712.802.31$11,849
Feb 199824,21313.952.30$9,714
Jan 199804,75914.702.15$10,255
Dec 1997444,61416.322.41$11,843
Nov 199711,34818.193.09$4,181
Oct 199701,23819.253.15$3,899
Sep 199711,41217.742.95$4,190
Aug 199711,42117.862.55$3,648
Jul 1997231,45817.582.25$3,680
Jun 1997089817.242.26$2,027
May 1997191,05218.972.31$2,789
Apr 1997189317.882.08$1,878
Mar 199701,13918.951.94$2,209
Feb 1997301,24020.492.21$3,350
Jan 199711,33423.483.54$4,745
Dec 199611,85223.32$23
Nov 1996422,32021.97$923
Oct 199601,63023.31$0
Sep 199613,18222.22$22
Aug 1996623,64220.26$1,256
Jul 199625,39319.55$39
Jun 199606,34518.73$0
May 1996828,94019.43$1,593
Apr 199609,57021.51$0
Mar 1996869,42719.38$1,667
Feb 199618,70816.98$17
Jan 1996110,36517.07$17
Dec 19955610,29217.19$963
Nov 19955410,47016.00$864
Oct 19955110,66115.43$787
Sep 1995010,71616.18$0
Aug 19954511,59715.92$716
Jul 1995011,77815.24$0
Jun 19953812,10416.41$624
May 1995576,63817.56$1,001
Apr 199536,01117.73$53
Mar 1995657,92116.44$1,069
Feb 199509,98516.58$0
Jan 19955911,14215.92$939
Dec 199410511,15115.03$1,578
Nov 1994011,23115.90$0
Oct 19948211,61815.58$1,278
Sep 19949412,76715.29$1,437
Aug 1994213,14516.13$32
Jul 19949512,83417.56$1,668
Jun 19948412,14617.09$1,436
May 19945813,39815.88$921
Apr 19946610,20114.14$933
Mar 199410013,48312.46$1,246
Feb 19946814,57912.50$850
Jan 19947315,58612.66$924
Dec 19938017,03512.33$986
Nov 19937118,31414.49$1,029
Oct 19936118,79115.85$967
Sep 19935317,91215.03$797
Aug 199311219,73315.66$1,754
Jul 19936523,10915.46$1,005
Jun 199312923,86816.79$2,166
May 199312929,12017.68$2,281
Apr 199312234,70918.05$2,202
Mar 199315651,88818.14$2,830
Feb 19937028,92117.90$1,253

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.

Jul 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 38.37 =         $0
Gas                   16 Mcf  × $  1.83 =        $29

────────────────────────────────────────────────────
Month total                                      $29

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/144832 is the state's own key, not one this site invented.