LEE GAS UNIT -A-

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 145542District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
May 1993 – Mar 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
359
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 Gas111993-08-20125982
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
CondensateDisposition10,179 bbl$222,080
GasProduction1,268,853 Mcf$2,484,648
Total$2,706,727

656,673 Mcf of this lease's gas, across 44 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 32.6172, -94.3873. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.61720, -94.38730 · 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
10,145 ft
1 wells filed one
Completion to plug
25.1 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 10,145 ft.

Completions filed
Feb 1998
1 of 1 wells
Plug dates filed
Mar 2023
1 of 1 wells

Last completion to plug: a median of 25.1 years across the 1 well that filed both dates, with the middle half between 25.1 years and 25.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-203321235-L10,145 ftFeb 1998Mar 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 (359)

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

359 months

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 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 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20061054.207.62$54
Oct 2006151,12954.906.01$7,613
Sep 2006312,42160.085.04$14,058
Aug 2006342,66668.717.34$21,904
Jul 2006373,08169.376.34$22,109
Jun 2006412,91666.286.38$21,333
May 2006433,08966.016.42$22,685
Apr 2006533,19264.397.36$26,907
Mar 2006562,97856.707.08$24,268
Feb 2006402,71957.597.75$23,379
Jan 2006563,41960.598.93$33,936
Dec 2005503,53154.9413.42$50,117
Nov 2005182,97454.6910.59$32,474
Oct 2005233,70758.3413.80$52,483
Sep 2005223,75761.4512.08$46,733
Aug 2005233,39761.519.80$34,695
Jul 2005233,54155.697.84$29,055
Jun 2005223,55652.337.38$27,398
May 2005223,18945.226.65$22,205
Apr 2005212,98649.207.36$23,012
Mar 2005212,67950.377.15$20,226
Feb 2005192,53345.226.31$16,847
Jan 2005273,37643.166.32$22,509
Dec 2004283,82939.866.75$26,966
Nov 2004373,65445.286.33$24,807
Oct 2004383,80349.706.52$26,666
Sep 2004353,63243.245.28$20,705
Aug 2004373,92242.375.55$23,337
Jul 2004373,87538.286.08$24,993
Jun 2004393,60536.106.43$24,599
May 2004464,05437.486.49$28,053
Apr 2004424,03134.475.86$25,063
Mar 2004474,24634.365.53$25,096
Feb 2004423,93832.455.51$23,060
Jan 2004394,18932.036.30$27,638
Dec 2003404,36530.266.30$28,717
Nov 2003394,14928.804.60$20,189
Oct 2003414,49728.174.76$22,559
Sep 2003434,42126.314.75$22,128
Aug 2003474,58129.765.13$24,898
Jul 2003444,56529.415.17$24,899
Jun 2003364,42428.565.98$27,497
May 2003454,66826.595.97$29,077
Apr 2003424,20226.675.41$23,842
Mar 2003424,31031.146.10$27,582
Feb 2003413,64433.487.93$30,255
Jan 2003353,72830.315.58$21,871
Dec 2002403,97026.914.85$20,346
Nov 2002484,08424.664.14$18,079
Oct 2002394,30426.464.23$19,234
Sep 2002244,14627.443.64$15,730
Aug 2002214,60325.963.16$15,110
Jul 2002224,43724.583.06$14,126
Jun 2002325,79423.733.34$20,101
May 2002487,15424.663.58$26,824
Apr 2002446,79723.653.51$24,914
Mar 2002507,82122.003.10$25,366
Feb 2002416,63918.222.38$16,519
Jan 2002365,92617.172.38$14,696
Dec 2001427,67816.932.36$18,865
Nov 2001306,70318.072.41$16,666
Oct 2001316,57119.782.53$17,230
Sep 2001365,12824.262.25$12,418
Aug 2001335,66124.873.05$18,105
Jul 2001254,50323.933.20$14,995
Jun 2001244,03124.563.82$16,005
May 2001305,17225.524.31$23,043
Apr 2001426,55324.685.34$35,999
Mar 2001365,27324.545.38$29,233
Feb 2001304,84227.755.77$28,757
Jan 2001366,03427.478.40$51,667
Dec 2000243,73326.889.12$34,699
Nov 2000315,55032.215.66$32,400
Oct 2000335,55531.235.15$29,614
Sep 2000305,02231.875.19$27,003
Aug 2000395,77829.644.54$27,392
Jul 2000335,82528.534.09$24,764
Jun 2000385,71129.304.40$26,226
May 2000416,08527.263.68$23,509
Apr 2000465,32424.513.12$17,717
Mar 2000405,94828.422.86$18,147
Feb 2000405,78527.622.73$16,878
Jan 2000364,32525.272.48$11,638
Dec 1999476,23524.282.42$16,253
Nov 1999314,92223.192.43$12,699
Oct 1999255,22320.982.80$15,168
Sep 1999295,71121.752.62$15,587
Aug 1999286,57719.262.88$19,452
Jul 1999326,57117.892.37$16,161
Jun 1999326,46015.942.36$15,769
May 1999326,75715.792.32$16,188
Apr 1999356,45215.102.21$14,775
Mar 1999376,06512.471.84$11,611
Feb 1999375,8519.981.82$11,005
Jan 1999476,75810.381.90$13,328
Dec 1998446,9539.201.77$12,735
Nov 1998386,11510.892.19$13,780
Oct 1998426,59312.421.97$13,505
Sep 1998406,71312.592.08$14,484
Aug 1998437,07211.301.91$13,975
Jul 1998487,24811.742.24$16,779
Jun 1998456,88411.242.24$15,907
May 1998497,25412.622.21$16,623
Apr 1998567,04913.042.51$18,390
Mar 1998697,51812.802.31$18,246
Feb 1998536,90613.952.30$16,617
Jan 1998517,53614.702.15$16,988
Dec 1997527,45616.322.41$18,826
Nov 1997476,87418.193.09$22,084
Oct 1997437,23319.253.15$23,610
Sep 1997497,38717.742.95$22,697
Aug 1997517,70017.862.55$20,582
Jul 1997597,18617.582.25$17,184
Jun 1997527,41917.242.26$17,643
May 1997568,15918.972.31$19,897
Apr 1997597,77517.882.08$17,249
Mar 1997557,72518.951.94$16,022
Feb 1997687,73620.492.21$18,458
Jan 1997618,47423.483.54$31,428
Dec 1996738,95123.32$1,702
Nov 1996728,73221.97$1,582
Oct 1996598,99323.31$1,375
Sep 1996598,76822.22$1,311
Aug 1996639,42720.26$1,276
Jul 1996639,78519.55$1,232
Jun 1996619,36218.73$1,143
May 1996719,83219.43$1,380
Apr 1996719,66721.51$1,527
Mar 19967310,04419.38$1,415
Feb 1996689,36716.98$1,155
Jan 19967510,12917.07$1,280
Dec 19957010,42217.19$1,203
Nov 19957010,18216.00$1,120
Oct 19956010,68815.43$926
Sep 19956910,58616.18$1,116
Aug 19956811,19715.92$1,083
Jul 19957711,41015.24$1,173
Jun 19957511,13216.41$1,231
May 19958411,69017.56$1,475
Apr 19958811,54417.73$1,560
Mar 19959912,34216.44$1,628
Feb 19958711,41416.58$1,442
Jan 19959912,69215.92$1,576
Dec 199411313,59515.03$1,698
Nov 19949513,20615.90$1,511
Oct 19949914,06815.58$1,542
Sep 19949213,03915.29$1,407
Aug 19949914,75816.13$1,597
Jul 199412115,28117.56$2,125
Jun 199412115,36517.09$2,068
May 199415616,25515.88$2,477
Apr 199415316,03914.14$2,163
Mar 199418218,53212.46$2,268
Feb 199418317,32912.50$2,288
Jan 199420921,02412.66$2,646
Dec 199320220,82512.33$2,491
Nov 199319620,32714.49$2,840
Oct 199319721,46715.85$3,122
Sep 199325525,67515.03$3,833
Aug 199329030,64615.66$4,541
Jul 199339033,99415.46$6,029
Jun 199345243,07216.79$7,589
May 199324723,82017.68$4,367

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.

Nov 2006 — as filed, then multipliedworked
Condensate             1 bbl  × $ 54.20 =        $54
Gas                    0 Mcf  × $  7.62 =         $0

────────────────────────────────────────────────────
Month total                                      $54

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/145542 is the state's own key, not one this site invented.