MEDLIN, J.W.

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

Gas lease lease 154500District 06Field 354153002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.3 M
May 1995 – May 2026
Value, last 12 filed months
$114 k
at the published price for each month
Months reported
373
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 351 leases and 351 wells, and the rule below applies to all of them.

Discovered
1980-12-20
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2017-12-05.

The Commission's schedule remark for this field reads: BE FILED IF THE OPERATOR CHOOSES. THIS IS A UFT FIELD.

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 Gas111995-08-24132157
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
CondensateDisposition32,074 bbl$862,167
GasProduction2,224,228 Mcf$6,397,516
Total$7,259,683

636,402 Mcf of this lease's gas, across 20 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 32.6174, -94.8664. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.61741, -94.86641 · 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
12,000 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 12,000 ft.

Completions filed
May 1995
1 of 1 wells

1 well

42-45930768112,000 ftMay 1995

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 (373)

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

373 months

May 2026261,984106.413.05$8,810
Apr 2026261,93298.932.87$8,116
Mar 2026372,03589.753.15$9,730
Feb 2026171,84963.503.75$8,014
Jan 2026272,03559.138.00$17,872
Dec 2025282,07656.664.41$10,749
Nov 2025272,02058.593.93$9,513
Oct 2025282,11359.383.30$8,646
Sep 2025192,08562.743.08$7,607
Aug 2025282,13263.933.01$8,218
Jul 2025182,15566.743.32$8,346
Jun 2025272,05966.483.13$8,237
May 2025252,07960.553.23$8,234
Apr 2025182,02462.363.54$8,294
Mar 2025342,02267.704.27$10,932
Feb 2025251,80770.884.34$9,616
Jan 2025231,91574.324.28$9,903
Dec 2024221,82568.993.12$7,214
Nov 2024171,38969.052.20$4,227
Oct 2024181,43871.372.28$4,565
Sep 2024161,37069.612.36$4,353
Aug 2024161,41175.632.06$4,122
Jul 2024111,32379.932.15$3,719
Jun 2024141,21278.082.63$4,286
May 2024231,27778.812.20$4,620
Apr 2024151,75784.451.66$4,182
Mar 2024262,09980.301.55$5,331
Feb 2024402,03376.091.78$6,670
Jan 2024281,86573.023.30$8,195
Dec 2023101,96271.262.61$5,835
Nov 202391,56577.892.81$5,095
Oct 2023181,52385.443.09$6,240
Sep 2023111,66389.042.74$5,528
Aug 202351,76480.522.67$5,118
Jul 2023161,25574.852.64$4,513
Jun 2023171,38568.962.26$4,300
May 202301,40270.622.23$3,123
Apr 2023301,88878.122.24$6,568
Mar 2023312,03972.852.39$7,138
Feb 2023201,81375.112.47$5,972
Jan 2023401,92176.533.39$9,569
Dec 2022181,98376.415.73$12,736
Nov 2022281,87585.005.65$12,967
Oct 2022292,05487.185.86$14,572
Sep 2022201,92484.888.16$17,405
Aug 2022202,20594.529.13$22,016
Jul 2022212,467101.587.54$20,739
Jun 2022222,397115.097.98$21,653
May 2022442,508109.378.43$25,962
Apr 2022292,425104.226.84$19,604
Mar 2022242,185108.885.08$13,705
Feb 2022101,48191.054.86$8,106
Jan 202281,06381.844.54$5,478
Dec 2021972571.323.90$3,469
Nov 2021447277.435.24$2,782
Oct 2021327379.795.71$1,799
Sep 2021320969.865.35$1,328
Aug 2021110766.024.22$518
Jul 2021211570.783.98$600
Jun 2021210869.493.38$504
May 2021316263.483.02$679
Apr 2021321460.362.76$771
Mar 2021111661.302.72$376
Feb 2021213657.805.55$870
Jan 2021217850.412.81$601
Dec 2020317944.642.68$613
Nov 2020423238.772.71$783
Oct 2020753836.972.48$1,592
Sep 2020223237.091.99$536
Aug 20200439.982.39$10
Jul 20200038.371.83$0
Jun 20200434.901.69$7
May 202001216.921.81$22
Apr 20200514.751.80$9
Mar 202001130.341.86$20
Feb 20202049.881.98$100
Jan 202031357.252.09$199
Dec 2019132059.012.30$813
Nov 20190655.302.75$17
Oct 201913353.472.42$133
Sep 20191155.052.66$58
Aug 20191053.112.30$53
Jul 201954756.272.46$397
Jun 201961,79452.782.49$4,786
May 201952,58958.482.74$7,387
Apr 201972,07362.632.75$6,141
Mar 201981,91356.803.06$6,312
Feb 201951,93450.852.79$5,654
Jan 201972,05646.033.23$6,959
Dec 201811,95946.594.19$8,246
Nov 2018112,04352.934.24$9,239
Oct 201802,36461.443.40$8,033
Sep 2018122,53959.543.11$8,606
Aug 2018292,76059.403.07$10,186
Jul 2018352,94065.142.93$10,900
Jun 201803,30060.183.08$10,154
May 20182765.382.90$151
Apr 2018241863.842.90$1,584
Mar 2018251,98461.222.79$7,060
Feb 2018251,69961.782.77$6,244
Jan 2018252,11962.874.01$10,068
Dec 2017232,41157.272.92$8,361
Nov 2017252,06355.423.12$7,819
Oct 2017221,65749.292.98$6,028
Sep 2017191,38547.523.09$5,179
Aug 2017181,98445.373.00$6,777
Jul 2017232,10443.873.09$7,505
Jun 2017182,63442.493.09$8,897
May 2017232,97745.373.26$10,759
Apr 2017192,89647.933.21$10,211
Mar 2017243,00846.772.98$10,097
Feb 2017192,81650.452.95$9,273
Jan 2017233,01249.413.42$11,434
Dec 2016263,09148.763.72$12,775
Nov 2016233,29042.492.64$9,677
Oct 2016232,99246.193.09$10,308
Sep 2016223,06841.553.10$10,427
Aug 2016233,44541.442.92$11,027
Jul 2016234,27141.622.92$13,447
Jun 2016234,49145.352.69$13,105
May 2016233,12942.521.99$7,208
Apr 2016242,68136.561.99$6,215
Mar 2016332,89233.011.79$6,278
Feb 2016302,41626.472.06$5,780
Jan 2016192,23527.352.36$5,804
Dec 201561,39932.362.00$2,994
Nov 20152238438.792.17$1,686
Oct 2015232,75943.552.43$7,697
Sep 2015222,14542.992.76$6,863
Aug 2015212,83640.162.87$8,990
Jul 2015282,50748.152.95$8,732
Jun 2015282,63056.152.88$9,154
May 2015282,88855.212.96$10,081
Apr 2015282,58249.822.71$8,383
Mar 2015252,68442.892.93$8,949
Feb 2015232,32444.662.98$7,944
Jan 2015272,81443.433.10$9,898
Dec 2014283,05354.693.59$12,496
Nov 2014252,88470.464.25$14,024
Oct 2014272,47978.303.90$11,785
Sep 2014232,78086.164.05$13,228
Aug 2014222,67689.394.04$12,765
Jul 2014272,64596.564.18$13,662
Jun 2014142,87098.164.74$14,969
May 2014282,35394.734.73$13,774
Apr 2014282,95995.944.81$16,917
Mar 2014282,44895.895.06$15,064
Feb 2014362,64497.406.19$19,878
Jan 2014523,08290.404.86$19,682
Dec 2013602,56391.824.35$16,670
Nov 2013522,92788.853.74$15,562
Oct 2013523,36697.423.78$17,787
Sep 2013513,013104.113.72$16,511
Aug 2013602,559104.253.52$15,269
Jul 2013522,379102.523.72$14,176
Jun 2013522,68694.403.93$15,474
May 2013572,54694.834.15$15,969
Apr 2013692,91393.964.28$18,958
Mar 2013612,53993.623.91$15,646
Feb 2013782,77191.233.42$16,593
Jan 20131103,33191.603.42$21,468
Dec 20121232,70686.773.42$19,928
Nov 2012983,19686.953.62$20,106
Oct 2012583,14789.383.40$15,883
Sep 201202,91994.672.92$8,519
Aug 201203,08192.662.91$8,960
Jul 201203,27985.133.02$9,905
Jun 201202,74679.822.52$6,917
May 201202,80891.612.49$6,987
Apr 201201,856101.652.00$3,706
Mar 201202,587105.052.22$5,749
Feb 201202,505101.102.57$6,438
Jan 201202,81098.092.73$7,683
Dec 201102,78996.873.24$9,036
Nov 201103,00995.723.31$9,964
Oct 201101,74084.983.65$6,348
Sep 201102,70983.623.99$10,798
Aug 201103,15483.404.15$13,087
Jul 201103,30494.144.52$14,925
Jun 201103,00792.904.64$13,952
May 201102,75098.134.40$12,113
Apr 201102,988105.964.33$12,948
Mar 201102,98896.364.06$12,123
Feb 201102,73785.644.18$11,441
Jan 201103,42086.504.59$15,694
Dec 201003,27685.734.35$14,243
Nov 201002,63780.843.80$10,008
Oct 201002,71378.103.51$9,520
Sep 201003,05572.633.98$12,157
Aug 201003,47973.684.42$15,375
Jul 201002,71772.554.74$12,869
Jun 201003,38170.364.91$16,602
May 201001,58571.124.24$6,713
Apr 201002,72881.694.12$11,247
Mar 201003,62078.394.39$15,887
Feb 201003,10473.585.44$16,893
Jan 201003,61574.365.96$21,560
Dec 200903,24271.445.48$17,778
Nov 200903,00274.593.75$11,262
Oct 200902,34572.544.11$9,639
Sep 200901,81365.543.06$5,556
Aug 200902,49867.423.22$8,040
Jul 200901,22061.133.46$4,227
Jun 200902,34766.163.90$9,142
May 200902,25154.743.93$8,837
Apr 200901,13746.773.59$4,079
Mar 200903,14442.144.06$12,762
Feb 200903,11832.814.63$14,446
Jan 200903,57735.865.37$19,212
Dec 200803,22237.105.98$19,258
Nov 200803,73955.496.86$25,651
Oct 200803,89875.246.92$26,982
Sep 200803,000101.767.88$23,631
Aug 200803,290114.228.48$27,909
Jul 200803,635131.0811.39$41,401
Jun 200803,692131.3313.03$48,116
May 200803,776123.1711.57$43,705
Apr 200803,625110.3110.45$37,899
Mar 200803,717101.909.66$35,921
Feb 200803,37092.538.77$29,557
Jan 200804,35190.388.21$35,703
Dec 200704,49988.337.30$32,852
Nov 200704,53191.677.29$33,039
Oct 200704,63982.856.92$32,111
Sep 200704,51375.846.24$28,180
Aug 200704,80769.066.39$30,707
Jul 200705,01670.906.39$32,042
Jun 200704,43162.007.55$33,447
May 200704,01358.747.85$31,487
Apr 200703,91659.617.81$30,565
Mar 200704,12756.927.30$30,135
Feb 200703,81055.108.22$31,303
Jan 200734,55750.306.73$30,805
Dec 2006134,35256.656.92$30,846
Nov 2006134,36654.207.62$33,963
Oct 2006224,65454.906.01$29,196
Sep 2006524,10160.085.04$23,782
Aug 2006774,14968.717.34$35,744
Jul 2006684,34469.376.34$32,270
Jun 2006624,66966.286.38$33,916
May 2006674,77266.016.42$35,083
Apr 2006615,14264.397.36$41,775
Mar 2006594,41056.707.08$34,581
Feb 2006443,88657.597.75$32,655
Jan 2006685,00260.598.93$48,805
Dec 2005644,74754.9413.42$67,199
Nov 2005554,82854.6910.59$54,129
Oct 2005635,02058.3413.80$72,930
Sep 2005473,93261.4512.08$50,383
Aug 2005474,46361.519.80$46,614
Jul 2005524,24655.697.84$36,200
Jun 2005604,68952.337.38$37,750
May 2005495,28845.226.65$37,387
Apr 2005584,33449.207.36$34,754
Mar 2005815,44050.377.15$43,003
Feb 2005695,02145.226.31$34,812
Jan 2005865,40043.166.32$37,852
Dec 2004654,78639.866.75$34,902
Nov 2004645,31145.286.33$36,519
Oct 2004615,24849.706.52$37,223
Sep 2004654,72543.245.28$27,777
Aug 2004705,92542.375.55$35,854
Jul 2004755,94438.286.08$39,035
Jun 2004614,94236.106.43$33,994
May 2004866,04137.486.49$42,457
Apr 2004915,50334.475.86$35,376
Mar 2004655,72834.365.53$33,910
Feb 2004565,25832.455.51$30,787
Jan 2004535,81532.036.30$38,330
Dec 2003656,23430.266.30$41,251
Nov 2003546,10928.804.60$29,627
Oct 2003566,29428.174.76$31,535
Sep 2003646,51026.314.75$32,602
Aug 2003666,43329.765.13$34,964
Jul 2003555,96629.415.17$32,467
Jun 2003576,08728.565.98$38,046
May 2003506,13626.595.97$37,978
Apr 2003525,94126.675.41$33,511
Mar 2003726,03931.146.10$39,056
Feb 2003845,60933.487.93$47,269
Jan 20031875,98430.315.58$39,071
Dec 20021906,61026.914.85$37,196
Nov 20021796,35424.664.14$30,700
Oct 20021546,32826.464.23$30,837
Sep 20021426,08027.443.64$25,999
Aug 20021787,16925.963.16$27,305
Jul 20021676,68724.583.06$24,579
Jun 20021517,02623.733.34$27,038
May 20022017,24324.663.58$30,916
Apr 20021937,24123.653.51$29,997
Mar 20021867,55222.003.10$27,524
Feb 20021247,39418.222.38$19,825
Jan 20021187,00817.172.38$18,675
Dec 20011357,06816.932.36$18,997
Nov 20011317,72618.072.41$20,952
Oct 20011348,38419.782.53$23,853
Sep 20011229,10224.262.25$23,451
Aug 20011199,20724.873.05$31,070
Jul 20011149,02423.933.20$31,578
Jun 20011307,25324.563.82$30,929
May 20011168,12025.524.31$37,936
Apr 2001877,11524.685.34$40,108
Mar 2001477,33624.545.38$40,595
Feb 2001376,22827.755.77$36,944
Jan 2001507,35427.478.40$63,138
Dec 2000406,40226.889.12$59,477
Nov 2000397,25432.215.66$42,299
Oct 2000315,68731.235.15$30,231
Sep 2000387,78231.875.19$41,572
Aug 2000418,67129.644.54$40,588
Jul 2000408,63328.534.09$36,448
Jun 2000458,64129.304.40$39,315
May 2000589,76527.263.68$37,514
Apr 2000598,24824.513.12$27,147
Mar 20001337,23528.422.86$24,470
Feb 20001577,93027.622.73$25,957
Jan 20001478,63725.272.48$25,139
Dec 19991598,68124.282.42$24,901
Nov 19991579,16523.192.43$25,948
Oct 19991558,96320.982.80$28,382
Sep 19991339,40521.752.62$27,523
Aug 199918110,57619.262.88$33,898
Jul 19991549,93917.892.37$26,334
Jun 199921111,55815.942.36$30,664
May 199923711,76215.792.32$31,042
Apr 199923412,10915.102.21$30,271
Mar 199925412,33312.471.84$25,840
Feb 199925511,6799.981.82$23,775
Jan 199926211,67510.381.90$24,901
Dec 199832013,4419.201.77$26,779
Nov 199829113,27510.892.19$32,184
Oct 199832414,69912.421.97$32,970
Sep 199826014,18212.592.08$32,809
Aug 199827213,74911.301.91$29,298
Jul 199824214,02011.742.24$34,208
Jun 199827013,95711.242.24$34,260
May 199827415,53812.622.21$37,740
Apr 199834515,27313.042.51$42,763
Mar 199832216,47712.802.31$42,174
Feb 199831415,17913.952.30$39,279
Jan 199830017,25414.702.15$41,589
Dec 199730517,55916.322.41$47,314
Nov 199730116,84418.193.09$57,494
Oct 199731118,15419.253.15$63,169
Sep 199731918,34517.742.95$59,866
Aug 199732320,17217.862.55$57,303
Jul 199718819,77517.582.25$47,738
Jun 199719619,31117.242.26$46,968
May 199722519,96518.972.31$50,357
Apr 199720820,36717.882.08$46,139
Mar 199724121,41418.951.94$46,092
Feb 199723617,61720.492.21$43,697
Jan 199730422,40723.483.54$86,452
Dec 199635028,90623.32$8,162
Nov 199632733,13621.97$7,184
Oct 199620822,62123.31$4,848
Sep 199621821,09522.22$4,844
Aug 199636422,00920.26$7,375
Jul 199640125,47919.55$7,840
Jun 199639220,78418.73$7,342
May 199640320,39719.43$7,830
Apr 199642823,72821.51$9,206
Mar 199649525,91319.38$9,593
Feb 199647125,15316.98$7,998
Jan 199670829,92817.07$12,086
Dec 199561135,12317.19$10,503
Nov 199564436,27816.00$10,304
Oct 199579441,64115.43$12,251
Sep 199593843,98616.18$15,177
Aug 199597846,67115.92$15,570
Jul 199598941,23715.24$15,072
Jun 19951,27141,50416.41$20,857
May 19951,29150,81317.56$22,670

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            26 bbl  × $106.41 =     $2,767
Gas                1,984 Mcf  × $  3.05 =     $6,043

────────────────────────────────────────────────────
Month total                                   $8,810

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/154500 is the state's own key, not one this site invented.