CHEVRON USA INC. 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 158876District 06Field 354153002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Apr 1996 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
362
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 Gas111996-08-14134836
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
CondensateDisposition16,973 bbl$577,399
GasProduction1,528,034 Mcf$5,143,960
Total$5,721,358

244,673 Mcf of this lease's gas, across 9 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 32.5355, -94.9001. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.53552, -94.90013 · 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
10,943 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 10,943 ft.

Completions filed
Apr 1996
1 of 1 wells

1 well

42-18331209210,943 ftApr 1996

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 (362)

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

362 months

May 20261151106.413.05$566
Apr 2026114698.932.87$518
Mar 2026116289.753.15$600
Feb 2026014363.503.75$536
Jan 2026115759.138.00$1,315
Dec 2025116156.664.41$767
Nov 2025121458.593.93$899
Oct 2025118259.383.30$661
Sep 2025016662.743.08$511
Aug 2025116363.933.01$555
Jul 2025120266.743.32$736
Jun 2025121466.483.13$736
May 2025121460.553.23$752
Apr 2025120062.363.54$771
Mar 2025125067.704.27$1,135
Feb 2025122170.884.34$1,030
Jan 2025122374.324.28$1,028
Dec 2024123368.993.12$796
Nov 2024123369.052.20$581
Oct 2024125271.372.28$646
Sep 2024124369.612.36$644
Aug 2024125075.632.06$592
Jul 2024127179.932.15$662
Jun 2024125778.082.63$755
May 2024123578.812.20$595
Apr 2024127284.451.66$536
Mar 2024128080.301.55$513
Feb 2024227176.091.78$636
Jan 2024127573.023.30$980
Dec 20231533071.262.61$1,930
Nov 20231541177.892.81$2,322
Oct 202302,58285.443.09$7,971
Sep 202301,52289.042.74$4,163
Aug 20233970580.522.67$5,025
Jul 2023233974.852.64$1,045
Jun 2023568368.962.26$1,887
May 2023020570.622.23$457
Apr 202371,62778.122.24$4,188
Mar 202371,61772.852.39$4,380
Feb 202371,36375.112.47$3,886
Jan 202371,28176.533.39$4,875
Dec 202201,47276.415.73$8,433
Nov 202261,71085.005.65$10,165
Oct 202261,44587.185.86$8,996
Sep 202261,62984.888.16$13,808
Aug 202261,59994.529.13$15,161
Jul 202201,680101.587.54$12,671
Jun 202261,662115.097.98$13,949
May 202261,880109.378.43$16,510
Apr 2022131,555104.226.84$11,987
Mar 202201,796108.885.08$9,117
Feb 202261,52791.054.86$7,966
Jan 202261,72181.844.54$8,300
Dec 2021131,86571.323.90$8,199
Nov 202171,74677.435.24$9,686
Oct 202101,87479.795.71$10,708
Sep 202171,85269.865.35$10,399
Aug 202161,93866.024.22$8,576
Jul 202161,80370.783.98$7,604
Jun 202151,78669.493.38$6,385
May 202101,54963.483.02$4,674
Apr 202161,59760.362.76$4,767
Mar 202151,73861.302.72$5,029
Feb 202161,18157.805.55$6,899
Jan 202161,78450.412.81$5,316
Dec 202061,77444.642.68$5,014
Nov 202051,70838.772.71$4,817
Oct 202051,71336.972.48$4,430
Sep 202041,62137.091.99$3,376
Aug 202061,47239.982.39$3,751
Jul 202061,92838.371.83$3,749
Jun 202061,92634.901.69$3,465
May 202062,01716.921.81$3,762
Apr 2020142,03514.751.80$3,878
Mar 202042,40630.341.86$4,587
Feb 2020387949.881.98$1,891
Jan 2020745057.252.09$1,343
Dec 2019151,88859.012.30$5,236
Nov 201972,01955.302.75$5,941
Oct 201962,13653.472.42$5,487
Sep 201972,18155.052.66$6,181
Aug 201982,41253.112.30$5,983
Jul 201972,49656.272.46$6,534
Jun 201962,54452.782.49$6,654
May 201951,53658.482.74$4,502
Apr 201951,41462.632.75$4,203
Mar 2019101,90056.803.06$6,386
Feb 201951,68950.852.79$4,970
Jan 201991,59946.033.23$5,576
Dec 201851,53646.594.19$6,662
Nov 2018026752.934.24$1,131
Oct 201851,77861.443.40$6,349
Sep 2018797659.543.11$3,450
Aug 201841,51559.403.07$4,883
Jul 2018689965.142.93$3,027
Jun 201831,91060.183.08$6,057
May 201861,93665.382.90$6,008
Apr 201861,99863.842.90$6,179
Mar 2018132,13661.222.79$6,749
Feb 201861,68861.782.77$5,040
Jan 201861,93762.874.01$8,143
Dec 2017142,04057.272.92$6,762
Nov 201782,24455.423.12$7,441
Oct 201772,28349.292.98$7,157
Sep 2017152,48047.523.09$8,369
Aug 201702,39145.373.00$7,184
Jul 201782,49643.873.09$8,057
Jun 201772,68542.493.09$8,587
May 201772,19745.373.26$7,487
Apr 201772,24147.933.21$7,533
Mar 201782,79846.772.98$8,723
Feb 2017152,53250.452.95$8,233
Jan 2017152,76049.413.42$10,177
Dec 201682,93848.763.72$11,328
Nov 2016153,09342.492.64$8,816
Oct 201692,95546.193.09$9,547
Sep 2016182,58141.553.10$8,751
Aug 201693,07841.442.92$9,374
Jul 2016183,34141.622.92$10,519
Jun 201693,29445.352.69$9,255
May 2016203,78142.521.99$8,379
Apr 201673,92836.561.99$8,077
Mar 2016122,64233.011.79$5,136
Feb 2016121,45226.472.06$3,314
Jan 2016191,87127.352.36$4,943
Dec 2015132,39332.362.00$5,210
Nov 2015658338.792.17$1,496
Oct 2015682343.552.43$2,258
Sep 2015111,44842.992.76$4,467
Aug 2015101,53740.162.87$4,817
Jul 2015131,71948.152.95$5,689
Jun 201572,26156.152.88$6,911
May 201572,24655.212.96$7,024
Apr 2015222,44749.822.71$7,719
Mar 2015232,23542.892.93$7,546
Feb 2015182,32444.662.98$7,721
Jan 2015332,74043.433.10$9,929
Dec 20141611554.693.59$1,288
Nov 20142747970.464.25$3,939
Oct 20141558578.303.90$3,457
Sep 2014151,36786.164.05$6,823
Aug 2014152,51289.394.04$11,477
Jul 2014152,89796.564.18$13,557
Jun 20141561098.164.74$4,362
May 2014152,09494.734.73$11,318
Apr 2014151,01495.944.81$6,316
Mar 2014282,20895.895.06$13,850
Feb 2014143,27997.406.19$21,667
Jan 2014132,04390.404.86$11,106
Dec 2013281,87491.824.35$10,731
Nov 2013143,11488.853.74$12,885
Oct 2013153,72897.423.78$15,551
Sep 2013152,838104.113.72$12,113
Aug 2013154,706104.253.52$18,141
Jul 2013274,730102.523.72$20,353
Jun 2013036594.403.93$1,436
May 20132851694.834.15$4,796
Apr 2013141,44093.964.28$7,482
Mar 2013161,26893.623.91$6,459
Feb 2013402,79691.233.42$13,211
Jan 20133762591.603.42$5,527
Dec 20121886586.773.42$4,520
Nov 20122583886.953.62$5,211
Oct 2012122,67389.383.40$10,160
Sep 2012112,72094.672.92$8,979
Aug 2012193,24692.662.91$11,200
Jul 201291,88785.133.02$6,466
Jun 201272,28579.822.52$6,315
May 201261,73291.612.49$4,859
Apr 201241,947101.652.00$4,294
Mar 201232,015105.052.22$4,793
Feb 201262,986101.102.57$8,281
Jan 201262,74198.092.73$8,083
Dec 201172,86996.873.24$9,973
Nov 201182,20695.723.31$8,070
Oct 201142,60184.983.65$9,830
Sep 2011101,93683.623.99$8,553
Aug 201163,24483.404.15$13,961
Jul 2011132,44294.144.52$12,255
Jun 201182,26792.904.64$11,262
May 2011303,51198.134.40$18,409
Apr 2011123,317105.964.33$15,645
Mar 2011213,10396.364.06$14,613
Feb 2011273,16585.644.18$15,542
Jan 2011253,71286.504.59$19,196
Dec 2010303,10585.734.35$16,072
Nov 2010161,52780.843.80$7,089
Oct 2010242,30378.103.51$9,955
Sep 2010394,67972.633.98$21,453
Aug 2010345,04973.684.42$24,818
Jul 201003,22072.554.74$15,252
Jun 2010550070.364.91$2,807
May 2010862671.124.24$3,220
Apr 2010369681.694.12$3,114
Mar 20101368578.394.39$4,025
Feb 2010191,56473.585.44$9,910
Jan 201051,36674.365.96$8,519
Dec 2009251,11071.445.48$7,873
Nov 2009242,43974.593.75$10,940
Oct 2009143,15572.544.11$13,983
Sep 2009272,97865.543.06$10,896
Aug 2009273,37867.423.22$12,692
Jul 2009152,76061.133.46$10,479
Jun 2009162,51866.163.90$10,866
May 200961,09554.743.93$4,627
Apr 2009201,52346.773.59$6,399
Mar 2009191,54642.144.06$7,076
Feb 2009322,69832.814.63$13,550
Jan 2009703,06535.865.37$18,972
Dec 2008682,62737.105.98$18,225
Nov 2008472,09555.496.86$16,980
Oct 2008592,75475.246.92$23,502
Sep 2008382,590101.767.88$24,269
Aug 2008373,129114.228.48$30,770
Jul 2008642,926131.0811.39$41,715
Jun 2008613,055131.3313.03$47,826
May 2008212,787123.1711.57$34,844
Apr 2008853,011110.3110.45$40,856
Mar 2008563,305101.909.66$37,646
Feb 2008223,06392.538.77$28,900
Jan 2008263,09290.388.21$27,722
Dec 2007213,00888.337.30$23,819
Nov 2007272,95491.677.29$24,015
Oct 2007213,00782.856.92$22,554
Sep 2007202,82575.846.24$19,157
Aug 2007273,09969.066.39$21,661
Jul 2007233,34070.906.39$22,966
Jun 2007293,58062.007.55$28,821
May 2007233,60858.747.85$29,660
Apr 2007404,00359.617.81$33,629
Mar 2007313,62956.927.30$28,263
Feb 2007343,04055.108.22$26,850
Jan 2007463,85750.306.73$28,259
Dec 2006463,87856.656.92$29,436
Nov 2006283,68654.207.62$29,596
Oct 2006294,02954.906.01$25,822
Sep 2006504,09160.085.04$23,611
Aug 2006314,02068.717.34$31,636
Jul 2006564,65069.376.34$33,379
Jun 2006203,71866.286.38$25,061
May 2006334,36366.016.42$30,211
Apr 2006284,38464.397.36$34,071
Mar 2006753,38156.707.08$28,200
Feb 2006763,99357.597.75$35,327
Jan 2006784,16660.598.93$41,942
Dec 2005713,86454.9413.42$55,738
Nov 2005493,61354.6910.59$40,936
Oct 2005604,13958.3413.80$60,601
Sep 2005443,76261.4512.08$48,145
Aug 2005464,57761.519.80$47,670
Jul 2005373,03155.697.84$25,835
Jun 2005462,94852.337.38$24,166
May 2005424,00945.226.65$28,564
Apr 2005373,01249.207.36$23,990
Mar 2005323,96550.377.15$29,981
Feb 2005263,82545.226.31$25,319
Jan 2005364,21643.166.32$28,208
Dec 2004353,90739.866.75$27,772
Nov 2004393,37745.286.33$23,144
Oct 2004414,14049.706.52$29,010
Sep 2004394,38543.245.28$24,856
Aug 2004414,82442.375.55$28,514
Jul 2004343,93238.286.08$25,225
Jun 2004404,56236.106.43$30,791
May 2004454,68037.486.49$32,081
Apr 2004594,88434.475.86$30,646
Mar 2004635,57834.365.53$33,012
Feb 2004914,46832.455.51$27,570
Jan 2004614,80632.036.30$32,230
Dec 20031055,27030.266.30$36,387
Nov 2003915,34428.804.60$27,177
Oct 2003805,58428.174.76$28,831
Sep 20031015,29326.314.75$27,796
Aug 2003805,36829.765.13$29,917
Jul 2003694,92729.415.17$27,506
Jun 2003655,41228.565.98$34,236
May 2003252,90626.595.97$18,021
Apr 2003814,29426.675.41$25,379
Mar 2003725,38231.146.10$35,051
Feb 20031215,19633.487.93$45,234
Jan 20031045,03830.315.58$31,275
Dec 2002805,53726.914.85$29,028
Nov 20021185,14524.664.14$24,195
Oct 20021225,81626.464.23$27,825
Sep 2002514,91127.443.64$19,252
Aug 20021125,82825.963.16$21,348
Jul 2002715,54124.583.06$18,710
Jun 20021096,53123.733.34$24,389
May 20021046,93324.663.58$27,413
Apr 2002754,83423.653.51$18,752
Mar 20021046,96822.003.10$23,908
Feb 2002486,48718.222.38$16,286
Jan 2002506,91217.172.38$17,279
Dec 2001516,61216.932.36$16,497
Nov 2001618,04118.072.41$20,445
Oct 2001498,40219.782.53$22,217
Sep 2001529,55324.262.25$22,768
Aug 2001507,55024.873.05$24,295
Jul 2001565,74123.933.20$19,695
Jun 2001527,10924.563.82$28,463
May 2001494,48925.524.31$20,586
Apr 2001585,10724.685.34$28,679
Mar 200105,00024.545.38$26,882
Feb 2001443,66327.755.77$22,346
Jan 2001735,64327.478.40$49,400
Dec 2000344,61926.889.12$43,051
Nov 2000695,91132.215.66$35,667
Oct 20001146,23031.235.15$35,617
Sep 2000656,25731.875.19$34,523
Aug 2000655,93129.644.54$28,858
Jul 2000647,18028.534.09$31,190
Jun 2000737,01329.304.40$32,977
May 2000837,20827.263.68$28,786
Apr 2000716,05624.513.12$20,611
Mar 20002196,77428.422.86$25,596
Feb 20002437,41427.622.73$26,926
Jan 20002557,51325.272.48$25,080
Dec 19992427,28324.282.42$23,528
Nov 19991846,30623.192.43$19,616
Oct 19992317,51520.982.80$25,916
Sep 19992027,56121.752.62$24,195
Aug 19991796,06919.262.88$20,900
Jul 19991576,89717.892.37$19,171
Jun 199957,64815.942.36$18,145
May 199957,59415.792.32$17,705
Apr 199957,42415.102.21$16,468
Mar 199968,07312.471.84$14,916
Feb 199968,0479.981.82$14,688
Jan 19991010,15410.381.90$19,396
Dec 19984110,6449.201.77$19,252
Nov 19983710,15710.892.19$22,603
Oct 19983510,08212.421.97$20,288
Sep 19983610,90812.592.08$23,170
Aug 19983711,10511.301.91$21,599
Jul 19989610,76711.742.24$25,216
Jun 19988711,39511.242.24$26,472
May 199812211,95112.622.21$27,908
Apr 199811211,19513.042.51$29,508
Mar 199811012,75812.802.31$30,872
Feb 199811811,61713.952.30$28,355
Jan 199812612,45214.702.15$28,684
Dec 199715613,13716.322.41$34,221
Nov 199715413,79218.193.09$45,395
Oct 199716415,14519.253.15$50,861
Sep 199716015,19517.742.95$47,738
Aug 199717215,02617.862.55$41,459
Jul 199723516,46917.582.25$41,136
Jun 199723316,23817.242.26$40,669
May 199728418,60818.972.31$48,344
Apr 199728015,91717.882.08$38,158
Mar 199725014,06418.951.94$32,010
Feb 199722012,77420.492.21$32,686
Jan 199725914,10723.483.54$56,016
Dec 199625315,59523.32$5,900
Nov 199627716,09921.97$6,086
Oct 199626516,61023.31$6,177
Sep 199632421,07022.22$7,199
Aug 199630425,41720.26$6,159
Jul 199635028,27819.55$6,843
Jun 199660035,20518.73$11,238
May 199670248,29419.43$13,640
Apr 199639938,10521.51$8,582

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             1 bbl  × $106.41 =       $106
Gas                  151 Mcf  × $  3.05 =       $460

────────────────────────────────────────────────────
Month total                                     $566

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/158876 is the state's own key, not one this site invented.