JOSEPH, GEORGE ET AL GAS UNIT

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 154842District 06Field 354153002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
May 1995 – May 2026
Value, last 12 filed months
$66 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 Gas111995-08-23132158
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
CondensateDisposition34,600 bbl$936,891
GasProduction2,132,552 Mcf$6,167,084
Total$7,103,975

583,014 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 32.6128, -94.8402. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.61281, -94.84025 · 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
11,252 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 11,252 ft.

Completions filed
May 1995
1 of 1 wells

1 well

42-45930776111,252 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 2026101,290106.413.05$4,993
Apr 2026101,26598.932.87$4,620
Mar 2026141,25089.753.15$5,193
Feb 202661,14363.503.75$4,668
Jan 2026101,27959.138.00$10,821
Dec 2025101,31056.664.41$6,348
Nov 2025101,25058.593.93$5,494
Oct 2025111,33659.383.30$5,068
Sep 202571,33762.743.08$4,553
Aug 2025111,39763.933.01$4,915
Jul 202571,26166.743.32$4,648
Jun 2025111,37666.483.13$5,036
May 2025111,48760.553.23$5,473
Apr 202581,47062.363.54$5,707
Mar 2025151,50267.704.27$7,427
Feb 2025111,31670.884.34$6,492
Jan 2025111,44774.324.28$7,009
Dec 2024121,48768.993.12$5,469
Nov 2024111,49269.052.20$4,040
Oct 2024101,39471.372.28$3,894
Sep 2024101,31369.612.36$3,801
Aug 2024101,42875.632.06$3,703
Jul 202471,39679.932.15$3,556
Jun 202491,36278.082.63$4,290
May 2024131,41578.812.20$4,135
Apr 202471,37484.451.66$2,871
Mar 2024101,37380.301.55$2,924
Feb 2024161,33676.091.78$3,600
Jan 2024121,32673.023.30$5,249
Dec 202341,23871.262.61$3,517
Nov 202341,28577.892.81$3,919
Oct 202391,28885.443.09$4,745
Sep 202371,20689.042.74$3,922
Aug 202331,40280.522.67$3,989
Jul 2023101,46474.852.64$4,616
Jun 202391,40868.962.26$3,801
May 202301,50470.622.23$3,350
Apr 2023151,52178.122.24$4,575
Mar 2023151,58272.852.39$4,879
Feb 202391,53175.112.47$4,451
Jan 2023141,18776.533.39$5,093
Dec 202281,12576.415.73$7,057
Nov 2022131,44985.005.65$9,286
Oct 2022151,61887.185.86$10,795
Sep 2022101,73984.888.16$15,045
Aug 202281,94194.529.13$18,472
Jul 202271,611101.587.54$12,861
Jun 20225928115.097.98$7,978
May 2022141,186109.378.43$11,533
Apr 2022121,359104.226.84$10,543
Mar 2022111,503108.885.08$8,828
Feb 202281,15791.054.86$6,350
Jan 202281,36081.844.54$6,826
Dec 2021131,42971.323.90$6,499
Nov 2021101,38177.435.24$8,006
Oct 202191,55079.795.71$9,575
Sep 2021131,40269.865.35$8,410
Aug 202191,41666.024.22$6,571
Jul 2021141,55870.783.98$7,195
Jun 2021141,61969.493.38$6,446
May 2021151,69663.483.02$6,070
Apr 2021141,64160.362.76$5,372
Mar 202191,70861.302.72$5,192
Feb 2021141,34257.805.55$8,255
Jan 2021131,81950.412.81$5,767
Dec 2020131,71744.642.68$5,174
Nov 2020131,64938.772.71$4,967
Oct 2020181,81736.972.48$5,169
Sep 2020161,98937.091.99$4,554
Aug 2020141,87639.982.39$5,034
Jul 2020101,49838.371.83$3,118
Jun 2020987534.901.69$1,793
May 2020121,28316.921.81$2,531
Apr 2020191,39014.751.80$2,788
Mar 202061,05730.341.86$2,144
Feb 2020151,01549.881.98$2,759
Jan 2020991857.252.09$2,438
Dec 2019131,28159.012.30$3,719
Nov 2019141,41855.302.75$4,675
Oct 201941,68453.472.42$4,287
Sep 201981,76955.052.66$5,141
Aug 201991,82853.112.30$4,690
Jul 2019111,92156.272.46$5,345
Jun 2019121,77452.782.49$5,053
May 2019111,88958.482.74$5,820
Apr 2019192,04162.632.75$6,804
Mar 2019182,12656.803.06$7,532
Feb 2019131,64750.852.79$5,260
Jan 2019211,83746.033.23$6,897
Dec 2018191,98046.594.19$9,172
Nov 2018171,98852.934.24$9,323
Oct 2018152,17261.443.40$8,302
Sep 2018212,38659.543.11$8,666
Aug 2018122,26359.403.07$7,652
Jul 2018182,15365.142.93$7,485
Jun 2018132,30360.183.08$7,868
May 2018182,39765.382.90$8,130
Apr 2018192,29863.842.90$7,879
Mar 2018212,59061.222.79$8,504
Feb 2018172,35561.782.77$7,564
Jan 2018162,46362.874.01$10,881
Dec 2017162,45757.272.92$8,094
Nov 2017222,41555.423.12$8,750
Oct 2017222,62549.292.98$8,917
Sep 2017192,64947.523.09$9,081
Aug 2017192,92045.373.00$9,635
Jul 2017243,27843.873.09$11,173
Jun 2017183,02842.493.09$10,113
May 2017243,12245.373.26$11,277
Apr 2017193,25047.933.21$11,348
Mar 2017253,46546.772.98$11,508
Feb 2017193,16750.452.95$10,309
Jan 2017233,63249.413.42$13,554
Dec 2016263,33648.763.72$13,687
Nov 2016243,56342.492.64$10,442
Oct 2016233,58946.193.09$12,153
Sep 2016233,66341.553.10$12,313
Aug 2016233,82541.442.92$12,139
Jul 2016234,57941.622.92$14,348
Jun 2016234,72445.352.69$13,731
May 2016243,71242.521.99$8,411
Apr 2016252,40136.561.99$5,694
Mar 2016171,93133.011.79$4,025
Feb 201601,46026.472.06$3,013
Jan 201609127.352.36$215
Dec 20150032.362.00$0
Nov 2015015738.792.17$340
Oct 2015036243.552.43$878
Sep 2015032142.992.76$885
Aug 2015033940.162.87$974
Jul 2015034248.152.95$1,007
Jun 2015030456.152.88$876
May 2015034555.212.96$1,020
Apr 2015040549.822.71$1,096
Mar 2015053842.892.93$1,579
Feb 2015028644.662.98$851
Jan 2015034843.433.10$1,079
Dec 2014031954.693.59$1,146
Nov 2014030170.464.25$1,280
Oct 2014049478.303.90$1,927
Sep 2014043986.164.05$1,776
Aug 2014059089.394.04$2,381
Jul 2014048996.564.18$2,044
Jun 2014059898.164.74$2,833
May 2014048494.734.73$2,288
Apr 2014059095.944.81$2,837
Mar 2014062795.895.06$3,171
Feb 2014051197.406.19$3,164
Jan 2014067090.404.86$3,257
Dec 201301,41991.824.35$6,179
Nov 2013077688.853.74$2,901
Oct 201301,91797.423.78$7,245
Sep 201301,554104.113.72$5,777
Aug 201301,068104.253.52$3,762
Jul 201301,278102.523.72$4,751
Jun 201301,17294.403.93$4,610
May 201301,29194.834.15$5,356
Apr 201301,04393.964.28$4,467
Mar 201302,06793.623.91$8,088
Feb 201302,35691.233.42$8,057
Jan 201302,69191.603.42$9,203
Dec 201202,58786.773.42$8,848
Nov 201202,51686.953.62$9,120
Oct 201202,43389.383.40$8,271
Sep 201212,33394.672.92$6,903
Aug 201212,17892.662.91$6,427
Jul 201212,76185.133.02$8,426
Jun 201222,13779.822.52$5,543
May 201233,04691.612.49$7,854
Apr 201263,082101.652.00$6,764
Mar 2012422,071105.052.22$9,014
Feb 2012462,831101.102.57$11,927
Jan 2012351,88198.092.73$8,576
Dec 2011281,50196.873.24$7,575
Nov 2011381,79895.723.31$9,591
Oct 2011371,79584.983.65$9,693
Sep 2011353,36483.623.99$16,335
Aug 2011352,85483.404.15$14,761
Jul 2011553,34194.144.52$20,270
Jun 2011372,95392.904.64$17,139
May 2011502,64798.134.40$16,566
Apr 2011181,773105.964.33$9,590
Mar 2011311,92396.364.06$10,789
Feb 2011241,63485.644.18$8,885
Jan 2011272,41786.504.59$13,427
Dec 2010392,46085.734.35$14,039
Nov 2010312,18480.843.80$10,795
Oct 2010252,18278.103.51$9,609
Sep 2010141,63372.633.98$7,515
Aug 2010669573.684.42$3,514
Jul 20101071972.554.74$4,131
Jun 2010231,41170.364.91$8,547
May 2010489071.124.24$4,054
Apr 2010191,54281.694.12$7,909
Mar 2010241,69878.394.39$9,333
Feb 2010151,91673.585.44$11,531
Jan 2010161,98374.365.96$13,017
Dec 20091294071.445.48$6,012
Nov 2009141,76274.593.75$7,654
Oct 2009121,49372.544.11$7,007
Sep 2009131,68465.543.06$6,013
Aug 2009101,41867.423.22$5,238
Jul 2009182,24261.133.46$8,868
Jun 2009192,22666.163.90$9,927
May 2009132,14154.743.93$9,117
Apr 2009192,11446.773.59$8,473
Mar 2009212,69742.144.06$11,832
Feb 2009232,80032.814.63$13,727
Jan 2009242,88435.865.37$16,351
Dec 2008161,67237.105.98$10,587
Nov 2008212,76855.496.86$20,155
Oct 2008283,33575.246.92$25,192
Sep 2008172,450101.767.88$21,029
Aug 2008262,492114.228.48$24,109
Jul 2008293,524131.0811.39$43,938
Jun 2008283,573131.3313.03$50,243
May 2008273,262123.1711.57$41,081
Apr 2008222,622110.3110.45$29,839
Mar 2008312,772101.909.66$29,948
Feb 2008522,73792.538.77$28,817
Jan 2008583,32390.388.21$32,510
Dec 2007583,79088.337.30$32,798
Nov 2007472,86791.677.29$25,214
Oct 2007413,25882.856.92$25,949
Sep 2007473,20075.846.24$23,546
Aug 2007423,56869.066.39$25,693
Jul 2007503,88070.906.39$28,330
Jun 2007513,79462.007.55$31,801
May 2007453,18458.747.85$27,626
Apr 2007453,01959.617.81$26,246
Mar 2007593,65956.927.30$30,076
Feb 2007533,39855.108.22$30,838
Jan 2007753,93950.306.73$30,270
Dec 2006644,00056.656.92$31,299
Nov 2006733,75054.207.62$32,522
Oct 2006583,96554.906.01$27,029
Sep 2006503,79960.085.04$22,140
Aug 2006764,02268.717.34$34,743
Jul 2006754,27469.376.34$32,312
Jun 2006704,18966.286.38$31,382
May 2006594,21266.016.42$30,957
Apr 2006554,26964.397.36$34,963
Mar 2006563,95556.707.08$31,188
Feb 2006403,52157.597.75$29,595
Jan 2006623,89060.598.93$38,507
Dec 2005745,07054.9413.42$72,082
Nov 2005705,35554.6910.59$60,529
Oct 2005775,62458.3413.80$82,080
Sep 2005604,58361.4512.08$59,045
Aug 2005625,35161.519.80$56,237
Jul 2005685,27655.697.84$45,170
Jun 2005745,47752.337.38$44,298
May 2005605,90045.226.65$41,955
Apr 2005715,15649.207.36$41,444
Mar 2005905,67250.377.15$45,116
Feb 2005755,24545.226.31$36,498
Jan 2005985,72643.166.32$40,431
Dec 2004805,73239.866.75$41,886
Nov 2004755,61345.286.33$38,929
Oct 2004745,97649.706.52$42,612
Sep 2004785,71243.245.28$33,554
Aug 2004796,36242.375.55$38,661
Jul 2004876,32038.286.08$41,782
Jun 2004746,13636.106.43$42,144
May 2004966,30537.486.49$44,546
Apr 20041046,07834.475.86$39,193
Mar 2004906,23634.365.53$37,578
Feb 20041196,06632.455.51$37,283
Jan 20041167,03232.036.30$48,015
Dec 20031357,02730.266.30$48,367
Nov 20031106,71428.804.60$34,020
Oct 20031157,11828.174.76$37,119
Sep 20031297,06526.314.75$36,948
Aug 20031367,10829.765.13$40,509
Jul 20031196,93329.415.17$39,349
Jun 20031217,16528.565.98$46,324
May 20031077,05326.595.97$44,970
Apr 20031146,97526.675.41$40,756
Mar 20031577,31331.146.10$49,469
Feb 20031466,39633.487.93$55,582
Jan 20031936,97930.315.58$44,807
Dec 20021877,17126.914.85$39,838
Nov 20021817,06824.664.14$33,703
Oct 20021617,20626.464.23$34,735
Sep 20021497,32327.443.64$30,709
Aug 20021777,89725.963.16$29,582
Jul 20021657,38124.583.06$26,655
Jun 20021447,47823.733.34$28,380
May 20021887,45524.663.58$31,355
Apr 20021807,50223.653.51$30,606
Mar 20021767,96422.003.10$28,582
Feb 20021197,71118.222.38$20,487
Jan 20021228,02517.172.38$21,160
Dec 20011388,02816.932.36$21,318
Nov 20011419,21318.072.41$24,710
Oct 20011409,72819.782.53$27,370
Sep 200111910,12424.262.25$25,679
Aug 20011119,47124.873.05$31,677
Jul 20011089,54723.933.20$33,107
Jun 200111910,83424.563.82$44,354
May 20011198,29025.524.31$38,745
Apr 20011438,55124.685.34$49,152
Mar 20011828,60124.545.38$50,709
Feb 20011568,26227.755.77$51,977
Jan 20011858,59927.478.40$77,303
Dec 20001426,99226.889.12$67,601
Nov 20001528,32732.215.66$52,010
Oct 20001378,12431.235.15$46,081
Sep 20001388,88031.875.19$50,454
Aug 20001429,25829.644.54$46,247
Jul 20001379,07028.534.09$41,003
Jun 20001559,40629.304.40$45,902
May 20001889,77727.263.68$41,102
Apr 20001468,67324.513.12$30,604
Mar 20001367,69728.422.86$25,877
Feb 20001638,52127.622.73$27,735
Jan 20001488,93925.272.48$25,913
Dec 19991679,44724.282.42$26,952
Nov 19991639,74423.192.43$27,497
Oct 19991689,96720.982.80$31,469
Sep 199914710,53321.752.62$30,782
Aug 199920312,60519.262.88$40,157
Jul 19991529,98517.892.37$26,407
Jun 199921813,08115.942.36$34,374
May 199925414,02115.792.32$36,554
Apr 199924113,37415.102.21$33,170
Mar 199925614,06812.471.84$29,054
Feb 199925713,0439.981.82$26,274
Jan 199926413,13610.381.90$27,698
Dec 199830013,7529.201.77$27,147
Nov 199827413,62210.892.19$32,758
Oct 199830015,05912.421.97$33,380
Sep 199821212,47312.592.08$28,646
Aug 199824213,34411.301.91$28,186
Jul 199823514,82411.742.24$35,924
Jun 199825714,42811.242.24$35,168
May 199825915,77212.622.21$38,067
Apr 199830513,89813.042.51$38,796
Mar 199828515,53412.802.31$39,523
Feb 199828214,57213.952.30$37,437
Jan 199827116,62514.702.15$39,807
Dec 199726817,34416.322.41$46,192
Nov 199725816,23518.193.09$54,831
Oct 199727818,30519.253.15$63,009
Sep 199728218,41417.742.95$59,414
Aug 199727818,68317.862.55$52,695
Jul 199735018,51817.582.25$47,762
Jun 199737318,37817.242.26$47,913
May 199743819,57118.972.31$53,489
Apr 199739719,71117.882.08$48,152
Mar 199741718,43318.951.94$43,646
Feb 199745918,14220.492.21$49,424
Jan 199755421,86823.483.54$90,414
Dec 199649121,62823.32$11,450
Nov 199637619,86621.97$8,261
Oct 199637521,44723.31$8,741
Sep 199635519,00222.22$7,888
Aug 199633619,27820.26$6,807
Jul 199636921,96419.55$7,214
Jun 199648224,38418.73$9,028
May 199643419,23219.43$8,433
Apr 199645924,18221.51$9,873
Mar 199647223,12819.38$9,147
Feb 199648124,75516.98$8,167
Jan 199653321,20517.07$9,098
Dec 199555031,08617.19$9,455
Nov 199564834,44616.00$10,368
Oct 199577440,17515.43$11,943
Sep 199569042,03416.18$11,164
Aug 199578947,90715.92$12,561
Jul 199579241,40815.24$12,070
Jun 19951,01343,55116.41$16,623
May 199584942,33617.56$14,908

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            10 bbl  × $106.41 =     $1,064
Gas                1,290 Mcf  × $  3.05 =     $3,929

────────────────────────────────────────────────────
Month total                                   $4,993

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/154842 is the state's own key, not one this site invented.