MENEFEE HEIRS

Operated by MERIT ENERGY COMPANY (P-5 561136) 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 158029District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Feb 1996 – May 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
316
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 Gas111996-07-18134784
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
CondensateDisposition8,012 bbl$247,015
GasProduction1,313,241 Mcf$4,824,986
Total$5,072,000

233,928 Mcf of this lease's gas, across 11 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 32.3401, -94.5836. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.34011, -94.58362 · 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
10,534 ft
1 wells filed one
Completion to plug
26.3 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 10,534 ft.

Completions filed
Feb 1996
1 of 1 wells
Plug dates filed
May 2022
1 of 1 wells

Last completion to plug: a median of 26.3 years across the 1 well that filed both dates, with the middle half between 26.3 years and 26.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40132623210,534 ftFeb 1996May 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 (316)

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

316 months

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 20141095.944.81$96
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20131091.824.35$92
Nov 20132088.853.74$178
Oct 20130097.423.78$0
Sep 2013270104.113.72$2,811
Aug 2013270104.253.52$2,815
Jul 2013280102.523.72$2,871
Jun 201328094.403.93$2,643
May 2013281,03694.834.15$6,954
Apr 201302,73193.964.28$11,696
Mar 2013292,56693.623.91$12,755
Feb 2013282,22891.233.42$10,174
Jan 2013282,55391.603.42$11,296
Dec 2012522,52386.773.42$13,141
Nov 201202,53586.953.62$9,189
Oct 2012512,47989.383.40$12,986
Sep 201202,01794.672.92$5,886
Aug 201202,24592.662.91$6,529
Jul 2012212,44085.133.02$9,158
Jun 201202,36479.822.52$5,955
May 2012142,64891.612.49$7,872
Apr 2012101,900101.652.00$4,810
Mar 201203,476105.052.22$7,724
Feb 201203,650101.102.57$9,381
Jan 201203,77298.092.73$10,313
Dec 201102,81896.873.24$9,130
Nov 201103,72895.723.31$12,344
Oct 201103,99184.983.65$14,561
Sep 201103,87683.623.99$15,449
Aug 201103,99283.404.15$16,564
Jul 201102,67494.144.52$12,079
Jun 201102,05392.904.64$9,526
May 201102,14498.134.40$9,444
Apr 201102,310105.964.33$10,010
Mar 201102,75096.364.06$11,158
Feb 201101,55985.644.18$6,517
Jan 201103,15386.504.59$14,468
Dec 201001,68485.734.35$7,322
Nov 201003,70880.843.80$14,073
Oct 201002,29278.103.51$8,042
Sep 20100072.633.98$0
Aug 201003,01773.684.42$13,333
Jul 201003,66372.554.74$17,350
Jun 201003,46870.364.91$17,029
May 201003,58571.124.24$15,183
Apr 201003,05681.694.12$12,599
Mar 201003,14378.394.39$13,794
Feb 2010121,85873.585.44$10,995
Jan 2010272,52274.365.96$17,049
Dec 2009332,72971.445.48$17,323
Nov 2009191,55274.593.75$7,240
Oct 2009153,16672.544.11$14,101
Sep 2009203,87065.543.06$13,171
Aug 200904,09467.423.22$13,177
Jul 200994,01761.133.46$14,467
Jun 200982,93566.163.90$11,961
May 2009113,11754.743.93$12,839
Apr 2009103,57246.773.59$13,282
Mar 2009223,77642.144.06$16,254
Feb 2009163,71832.814.63$17,750
Jan 2009274,18335.865.37$23,435
Dec 2008164,14837.105.98$25,387
Nov 2008144,34755.496.86$30,599
Oct 2008233,16375.246.92$23,625
Sep 2008113,145101.767.88$25,893
Aug 2008224,608114.228.48$41,603
Jul 2008153,852131.0811.39$45,838
Jun 2008213,357131.3313.03$46,508
May 2008154,279123.1711.57$51,374
Apr 2008294,238110.3110.45$47,507
Mar 2008214,368101.909.66$44,353
Feb 2008253,45992.538.77$32,651
Jan 2008314,41690.388.21$39,038
Dec 2007295,21588.337.30$40,641
Nov 2007214,58591.677.29$35,358
Oct 2007214,22182.856.92$30,958
Sep 2007134,23475.846.24$27,424
Aug 2007224,36269.066.39$29,384
Jul 2007204,60570.906.39$30,834
Jun 2007234,44862.007.55$35,002
May 2007324,42458.747.85$36,592
Apr 2007224,32259.617.81$35,045
Mar 2007184,57856.927.30$34,453
Feb 200744,07455.108.22$33,692
Jan 200774,24750.306.73$28,921
Dec 200664,47856.656.92$31,321
Nov 200654,25854.207.62$32,706
Oct 200664,60754.906.01$28,035
Sep 200644,08260.085.04$20,802
Aug 200654,32468.717.34$32,081
Jul 200664,34769.376.34$27,988
Jun 200664,15466.286.38$26,916
May 2006164,09566.016.42$27,367
Apr 2006164,03864.397.36$30,752
Mar 2006164,52856.707.08$32,979
Feb 2006123,29357.597.75$26,216
Jan 2006154,51960.598.93$41,279
Dec 2005144,56554.9413.42$62,010
Nov 200584,43954.6910.59$47,439
Oct 2005104,56158.3413.80$63,506
Sep 200594,46861.4512.08$54,522
Aug 2005124,35361.519.80$43,384
Jul 200594,37555.697.84$34,817
Jun 200564,27752.337.38$31,883
May 2005114,59645.226.65$31,066
Apr 2005124,86949.207.36$36,429
Mar 2005194,82550.377.15$35,479
Feb 2005304,49245.226.31$29,710
Jan 2005454,26243.166.32$28,887
Dec 2004394,89439.866.75$34,594
Nov 2004344,93245.286.33$32,761
Oct 2004774,76249.706.52$34,852
Sep 2004324,98143.245.28$27,703
Aug 2004655,34542.375.55$32,422
Jul 2004375,36138.286.08$34,034
Jun 2004455,10036.106.43$34,433
May 2004464,53137.486.49$31,151
Apr 2004926,32534.475.86$40,226
Mar 2004345,81434.365.53$33,320
Feb 2004245,83432.455.51$32,922
Jan 2004266,49332.036.30$41,736
Dec 200396,26130.266.30$39,727
Nov 2003224,57228.804.60$21,643
Oct 2003145,40228.174.76$26,106
Sep 2003145,36526.314.75$25,849
Aug 2003136,21329.765.13$32,258
Jul 2003136,54129.415.17$34,205
Jun 2003135,99928.565.98$36,263
May 2003245,86026.595.97$35,638
Apr 2003245,78426.675.41$31,916
Mar 2003635,53431.146.10$35,697
Feb 2003695,06233.487.93$42,431
Jan 2003356,40530.315.58$36,814
Dec 2002676,02726.914.85$31,057
Nov 2002685,97824.664.14$26,408
Oct 2002325,89126.464.23$25,760
Sep 2002645,80027.443.64$22,840
Aug 2002676,53625.963.16$22,420
Jul 2002336,80124.583.06$21,634
Jun 2002656,50623.733.34$23,261
May 2002656,95724.663.58$26,537
Apr 2002777,09223.653.51$26,730
Mar 2002648,23822.003.10$26,968
Feb 2002166,43018.222.38$15,567
Jan 200297,20717.172.38$17,276
Dec 2001146,37216.932.36$15,303
Nov 2001417,75218.072.41$19,388
Oct 2001336,81219.782.53$17,879
Sep 2001315,13224.262.25$12,306
Aug 2001206,13024.873.05$19,213
Jul 2001316,22323.933.20$20,637
Jun 2001166,85824.563.82$26,619
May 2001158,12225.524.31$35,367
Apr 2001306,25624.685.34$34,118
Mar 2001327,04124.545.38$38,641
Feb 2001206,61427.755.77$38,698
Jan 2001187,35627.478.40$62,276
Dec 2000406,92226.889.12$64,221
Nov 20001710,53032.215.66$60,126
Oct 2000168,10131.235.15$42,183
Sep 2000278,57331.875.19$45,324
Aug 2000109,96429.644.54$45,540
Jul 2000510,83528.534.09$44,455
Jun 200075,88829.304.40$26,096
May 2000224,45127.263.68$16,978
Apr 2000205,05724.513.12$16,248
Mar 2000334,26928.422.86$13,146
Feb 2000435,62927.622.73$16,535
Jan 2000305,82825.272.48$15,214
Dec 1999326,73124.282.42$17,091
Nov 1999827,00223.192.43$18,944
Oct 1999487,33120.982.80$21,561
Sep 1999297,97121.752.62$21,506
Aug 1999305,70719.262.88$16,989
Jul 1999486,53017.892.37$16,350
Jun 1999596,97615.942.36$17,418
May 1999546,82815.792.32$16,701
Apr 1999977,63415.102.21$18,321
Mar 19991448,87512.471.84$18,111
Feb 1999938,8379.981.82$16,992
Jan 1999709,96110.381.90$19,652
Dec 19989811,5329.201.77$21,352
Nov 19984911,69510.892.19$26,096
Oct 1998616,65312.421.97$13,859
Sep 1998737,04612.592.08$15,593
Aug 1998576,91011.301.91$13,824
Jul 1998687,60411.742.24$17,811
Jun 19981086,66811.242.24$16,132
May 1998688,49112.622.21$19,592
Apr 1998719,87913.042.51$25,676
Mar 199820210,02212.802.31$25,731
Feb 1998949,96613.952.30$24,224
Jan 19984510,21914.702.15$22,681
Dec 19974910,71016.322.41$26,623
Nov 199713811,64918.193.09$38,485
Oct 19974810,60119.253.15$34,315
Sep 19978810,81517.742.95$33,518
Aug 19972911,28217.862.55$29,341
Jul 19976011,40717.582.25$26,686
Jun 19976512,97317.242.26$30,403
May 19976412,56518.972.31$30,220
Apr 19976613,67317.882.08$29,658
Mar 19979814,93218.951.94$30,812
Feb 199710712,55520.492.21$29,888
Jan 199714713,09923.483.54$49,818
Dec 19968614,09723.32$2,006
Nov 199615613,45521.97$3,427
Oct 199611515,69723.31$2,681
Sep 199616516,10422.22$3,666
Aug 199614518,24720.26$2,938
Jul 199617320,17019.55$3,382
Jun 199615922,56618.73$2,978
May 199630127,77219.43$5,848
Apr 199625832,78921.51$5,550
Mar 199624840,33719.38$4,806
Feb 19962812,69416.98$475

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.

Apr 2014 — as filed, then multipliedworked
Condensate             1 bbl  × $ 95.94 =        $96
Gas                    0 Mcf  × $  4.81 =         $0

────────────────────────────────────────────────────
Month total                                      $96

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/158029 is the state's own key, not one this site invented.