SMART, VIDA 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 159159District 06Field 354153002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
May 1996 – May 2026
Value, last 12 filed months
$83 k
at the published price for each month
Months reported
361
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 Gas111996-09-18135036
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
CondensateDisposition24,817 bbl$689,236
GasProduction1,607,874 Mcf$5,633,862
Total$6,323,098

204,288 Mcf of this lease's gas, across 8 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 32.5963, -94.8768. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.59633, -94.87684 · 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
11,156 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 11,156 ft.

Completions filed
May 1996
1 of 1 wells

1 well

42-45930842611,156 ftMay 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 (361)

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

361 months

May 202681,673106.413.05$5,947
Apr 202681,57998.932.87$5,323
Mar 2026101,62589.753.15$6,015
Feb 202651,40963.503.75$5,602
Jan 202681,62159.138.00$13,438
Dec 202581,83256.664.41$8,539
Nov 202581,57058.593.93$6,633
Oct 202591,84859.383.30$6,642
Sep 202561,83862.743.08$6,032
Aug 202581,76063.933.01$5,817
Jul 202561,83266.743.32$6,474
Jun 202581,84766.483.13$6,311
May 202581,77160.553.23$6,209
Apr 202561,94562.363.54$7,266
Mar 2025101,93367.704.27$8,928
Feb 202581,44870.884.34$6,853
Jan 202581,84374.324.28$8,480
Dec 202491,94468.993.12$6,689
Nov 202492,00269.052.20$5,023
Oct 202492,37771.372.28$6,065
Sep 202461,48969.612.36$3,938
Aug 202481,39275.632.06$3,478
Jul 202462,57279.932.15$6,001
Jun 2024490978.082.63$2,707
May 202481,41078.812.20$3,730
Apr 202441,48384.451.66$2,798
Mar 202461,46180.301.55$2,739
Feb 2024101,37376.091.78$3,210
Jan 202471,37573.023.30$5,045
Dec 202331,35071.262.61$3,738
Nov 202331,33977.892.81$3,993
Oct 202361,48785.443.09$5,103
Sep 202341,45789.042.74$4,341
Aug 202321,37280.522.67$3,828
Jul 202361,29574.852.64$3,870
Jun 202381,59168.962.26$4,145
May 202301,47470.622.23$3,283
Apr 202341,69778.122.24$4,110
Mar 2023479972.852.39$2,204
Feb 2023670875.112.47$2,196
Jan 2023795676.533.39$3,774
Dec 202201,40676.415.73$8,055
Nov 202261,46085.005.65$8,753
Oct 202261,37987.185.86$8,609
Sep 202291,00784.888.16$8,985
Aug 202272,18594.529.13$20,604
Jul 202201,550101.587.54$11,690
Jun 202271,908115.097.98$16,026
May 202271,611109.378.43$14,351
Apr 2022151,591104.226.84$12,442
Mar 202201,613108.885.08$8,188
Feb 202261,58891.054.86$8,262
Jan 202251,31081.844.54$6,354
Dec 202191,15271.323.90$5,134
Nov 202141,01077.435.24$5,599
Oct 202101,09779.795.71$6,268
Sep 2021582969.865.35$4,785
Aug 202151,26066.024.22$5,648
Jul 202161,28770.783.98$5,550
Jun 202151,40969.493.38$5,111
May 202101,15063.483.02$3,470
Apr 202171,31760.362.76$4,055
Mar 202161,88961.302.72$5,500
Feb 202171,30957.805.55$7,667
Jan 202171,85050.412.81$5,552
Dec 202071,83944.642.68$5,233
Nov 202071,82038.772.71$5,197
Oct 202061,89036.972.48$4,906
Sep 202061,76537.091.99$3,737
Aug 202071,85339.982.39$4,699
Jul 202071,80638.371.83$3,565
Jun 202072,11634.901.69$3,821
May 202041,84516.921.81$3,416
Apr 2020699914.751.80$1,891
Mar 2020487630.341.86$1,747
Feb 2020569549.881.98$1,626
Jan 2020788157.252.09$2,246
Dec 2019151,86759.012.30$5,187
Nov 201971,94555.302.75$5,737
Oct 201961,97853.472.42$5,105
Sep 201971,95455.052.66$5,578
Aug 201982,04353.112.30$5,133
Jul 201972,17856.272.46$5,752
Jun 201982,08052.782.49$5,604
May 201972,04358.482.74$6,008
Apr 201961,85962.632.75$5,489
Mar 2019122,00256.803.06$6,812
Feb 201981,88150.852.79$5,659
Jan 201992,55946.033.23$8,675
Dec 201841,00146.594.19$4,376
Nov 2018032052.934.24$1,356
Oct 201851,26161.443.40$4,592
Sep 2018101,66059.543.11$5,755
Aug 201841,93059.403.07$6,156
Jul 201841,79965.142.93$5,535
Jun 2018353960.183.08$1,839
May 201861,68665.382.90$5,283
Apr 201851,85063.842.90$5,686
Mar 2018121,28261.222.79$4,307
Feb 201861,32461.782.77$4,033
Jan 201861,75562.874.01$7,414
Dec 2017121,87557.272.92$6,165
Nov 201771,69255.423.12$5,664
Oct 201742,01549.292.98$6,209
Sep 2017101,97247.523.09$6,563
Aug 201702,04245.373.00$6,135
Jul 201751,90543.873.09$6,101
Jun 201751,92842.493.09$6,165
May 201752,12445.373.26$7,158
Apr 201751,90347.933.21$6,351
Mar 201752,11646.772.98$6,547
Feb 2017101,89450.452.95$6,097
Jan 2017101,59249.413.42$5,937
Dec 201651,66348.763.72$6,435
Nov 2016101,91742.492.64$5,494
Oct 201662,31146.193.09$7,419
Sep 2016121,89941.553.10$6,387
Aug 201662,27941.442.92$6,913
Jul 2016122,95141.622.92$9,129
Jun 201662,41745.352.69$6,764
May 2016272,08642.521.99$5,301
Apr 2016132,02236.561.99$4,501
Mar 2016252,00533.011.79$4,422
Feb 2016252,16726.472.06$5,134
Jan 2016412,12527.352.36$6,146
Dec 2015282,56832.362.00$6,046
Nov 2015132,45338.792.17$5,821
Oct 2015132,49543.552.43$6,620
Sep 2015241,35142.992.76$4,758
Aug 2015221,10140.162.87$4,046
Jul 2015281,03048.152.95$4,382
Jun 2015161,83256.152.88$6,180
May 2015161,71755.212.96$5,958
Apr 2015472,07949.822.71$7,969
Mar 2015262,23542.892.93$7,674
Feb 2015101,32144.662.98$4,378
Jan 2015182,18043.433.10$7,541
Dec 201492,60454.693.59$9,844
Nov 2014151,37470.464.25$6,899
Oct 201491,66378.303.90$7,192
Sep 201482,30986.164.05$10,030
Aug 201482,38789.394.04$10,347
Jul 201481,67096.564.18$7,752
Jun 201492,33998.164.74$11,963
May 201492,72194.734.73$13,714
Apr 2014102,90995.944.81$14,949
Mar 2014302,64395.895.06$16,242
Feb 2014151,11797.406.19$8,377
Jan 2014141,90390.404.86$10,516
Dec 2013291,77791.824.35$10,401
Nov 2013152,22488.853.74$9,647
Oct 2013152,50697.423.78$10,932
Sep 2013162,248104.113.72$10,023
Aug 2013162,345104.253.52$9,929
Jul 2013283,181102.523.72$14,697
Jun 201302,12494.403.93$8,355
May 2013282,90894.834.15$14,721
Apr 2013143,45293.964.28$16,099
Mar 2013151,96993.623.91$9,109
Feb 2013332,99691.233.42$13,257
Jan 2013333,51291.603.42$15,034
Dec 2012173,48886.773.42$13,405
Nov 2012313,04186.953.62$13,719
Oct 2012152,92389.383.40$11,278
Sep 201234,89294.672.92$14,561
Aug 201212092.662.91$1,112
Jul 20129085.133.02$766
Jun 201212279.822.52$963
May 20121848591.612.49$2,856
Apr 2012392,260101.652.00$8,477
Mar 2012252,152105.052.22$7,408
Feb 2012482,671101.102.57$11,718
Jan 2012462,80098.092.73$12,168
Dec 2011412,84596.873.24$13,189
Nov 2011392,58695.723.31$12,296
Oct 2011192,48584.983.65$10,681
Sep 2011362,22883.623.99$11,891
Aug 2011182,64483.404.15$12,472
Jul 2011322,72594.144.52$15,322
Jun 2011152,68492.904.64$13,847
May 2011372,98498.134.40$16,775
Apr 2011102,893105.964.33$13,596
Mar 2011112,58796.364.06$11,556
Feb 2011142,18685.644.18$10,336
Jan 2011152,44286.504.59$12,503
Dec 2010232,57585.734.35$13,167
Nov 2010152,51480.843.80$10,754
Oct 2010122,72478.103.51$10,495
Sep 201082,19672.633.98$9,320
Aug 2010161,09373.684.42$6,009
Jul 201002,10472.554.74$9,966
Jun 2010243,68670.364.91$19,788
May 2010202,22171.124.24$10,829
Apr 201072,22481.694.12$9,741
Mar 2010262,82078.394.39$14,414
Feb 2010311,98173.585.44$13,062
Jan 2010111,50774.365.96$9,806
Dec 2009372,57071.445.48$16,737
Nov 2009211,11774.593.75$5,757
Oct 2009181,59172.544.11$7,845
Sep 2009362,44065.543.06$9,837
Aug 2009352,37267.423.22$9,994
Jul 2009312,82461.133.46$11,679
Jun 2009472,98666.163.90$14,740
May 2009152,22454.743.93$9,552
Apr 2009592,08646.773.59$10,243
Mar 2009473,13742.144.06$14,714
Feb 2009433,20832.814.63$16,273
Jan 2009583,53935.865.37$21,088
Dec 2008633,61437.105.98$23,939
Nov 2008362,48055.496.86$19,011
Oct 2008412,84775.246.92$22,792
Sep 2008282,491101.767.88$22,471
Aug 2008293,477114.228.48$32,808
Jul 2008523,514131.0811.39$46,839
Jun 2008473,483131.3313.03$51,565
May 2008163,062123.1711.57$37,411
Apr 2008673,496110.3110.45$43,941
Mar 2008443,486101.909.66$38,173
Feb 2008213,30992.538.77$30,965
Jan 2008273,61390.388.21$32,088
Dec 2007203,39988.337.30$26,586
Nov 2007263,09791.677.29$24,966
Oct 2007213,29982.856.92$24,575
Sep 2007193,04375.846.24$20,442
Aug 2007253,14869.066.39$21,836
Jul 2007203,37270.906.39$22,958
Jun 2007233,42762.007.55$27,295
May 2007162,93658.747.85$23,977
Apr 2007293,10659.617.81$25,972
Mar 2007173,20256.927.30$24,349
Feb 200702,87355.108.22$23,605
Jan 200703,32450.306.73$22,360
Dec 200603,32356.656.92$22,990
Nov 200603,57754.207.62$27,248
Oct 200603,79254.906.01$22,804
Sep 200603,63960.085.04$18,330
Aug 200603,58868.717.34$26,336
Jul 200604,17669.376.34$26,487
Jun 200604,53666.286.38$28,957
May 200604,71266.016.42$30,275
Apr 200605,21964.397.36$38,414
Mar 200604,49856.707.08$31,859
Feb 200604,23857.597.75$32,849
Jan 200605,17460.598.93$46,221
Dec 200503,15454.9413.42$42,312
Nov 200503,75254.6910.59$39,728
Oct 200504,07358.3413.80$56,190
Sep 200504,10761.4512.08$49,608
Aug 200503,31261.519.80$32,447
Jul 200503,82855.697.84$30,025
Jun 200503,76852.337.38$27,812
May 200504,97245.226.65$33,070
Apr 200565,24049.207.36$38,864
Mar 2005243,13750.377.15$23,654
Feb 20051675745.226.31$5,502
Jan 2005504,95943.166.32$33,510
Dec 2004524,44639.866.75$32,088
Nov 2004664,69245.286.33$32,691
Oct 2004635,47149.706.52$38,775
Sep 2004545,21843.245.28$29,906
Aug 2004595,02842.375.55$30,409
Jul 2004536,04338.286.08$38,796
Jun 2004524,68236.106.43$31,997
May 2004645,49837.486.49$38,106
Apr 2004795,47234.475.86$34,781
Mar 2004756,02934.365.53$35,918
Feb 2004864,53432.455.51$27,771
Jan 2004594,54832.036.30$30,541
Dec 20031045,98930.266.30$40,888
Nov 2003753,95928.804.60$20,352
Oct 2003645,71428.174.76$28,999
Sep 2003155,08426.314.75$24,540
Aug 2003555,26529.765.13$28,645
Jul 2003876,85429.415.17$38,000
Jun 2003406,17428.565.98$38,081
May 2003324,11726.595.97$25,440
Apr 2003396,03726.675.41$33,684
Mar 2003875,80931.146.10$38,121
Feb 20031075,17133.487.93$44,567
Jan 2003676,38030.315.58$37,644
Dec 20021177,18726.914.85$38,032
Nov 20021196,52024.664.14$29,908
Oct 2002846,40826.464.23$29,323
Sep 20021035,89827.443.64$24,267
Aug 20021676,79025.963.16$25,820
Jul 20021346,93724.583.06$24,533
Jun 20021247,25423.733.34$27,158
May 20021426,19324.663.58$25,697
Apr 20021316,64223.653.51$26,427
Mar 20021977,23022.003.10$26,767
Feb 20021086,74818.222.38$17,999
Jan 20021307,62917.172.38$20,356
Dec 20011128,90116.932.36$22,942
Nov 200111311,11918.072.41$28,789
Oct 2001948,25919.782.53$22,745
Sep 2001756,73624.262.25$16,984
Aug 2001755,02424.873.05$17,204
Jul 2001895,44923.933.20$19,551
Jun 2001914,49024.563.82$19,405
May 2001855,71625.524.31$26,790
Apr 20011036,46024.685.34$37,008
Mar 200126,08724.545.38$32,775
Feb 2001955,72927.755.77$35,676
Jan 20011738,17027.478.40$73,370
Dec 200012210,42226.889.12$98,354
Nov 20001066,53732.215.66$40,401
Oct 20001696,56231.235.15$39,043
Sep 20001047,11631.875.19$40,222
Aug 2000996,72529.644.54$33,471
Jul 2000866,69228.534.09$29,822
Jun 20001047,16829.304.40$34,567
May 20001167,09427.263.68$29,266
Apr 2000956,54524.513.12$22,723
Mar 20001157,38028.422.86$24,373
Feb 20001227,07727.622.73$22,665
Jan 20001367,55625.272.48$22,179
Dec 19991337,45924.282.42$21,308
Nov 19991117,26623.192.43$20,259
Oct 19991298,10420.982.80$25,428
Sep 19991016,96421.752.62$20,434
Aug 19991167,60119.262.88$24,092
Jul 19991027,41117.892.37$19,406
Jun 19991438,24615.942.36$21,757
May 19991518,97815.792.32$23,222
Apr 19991969,83515.102.21$24,676
Mar 199924111,53812.471.84$24,216
Feb 199920511,4569.981.82$22,871
Jan 199923511,76110.381.90$24,785
Dec 199821511,2009.201.77$21,839
Nov 19981769,75710.892.19$23,243
Oct 19981779,78612.421.97$21,469
Sep 19981689,79112.592.08$22,506
Aug 199817910,98011.301.91$22,965
Jul 199820611,67511.742.24$28,539
Jun 199820911,95011.242.24$29,085
May 199829413,31012.622.21$33,077
Apr 199828212,81013.042.51$35,771
Mar 199827914,15812.802.31$36,268
Feb 199837514,16113.952.30$37,789
Jan 199872322,15614.702.15$58,370
Dec 199779023,45716.322.41$69,450
Nov 199748515,21118.193.09$55,798
Oct 199746715,08519.253.15$56,505
Sep 199741813,69217.742.95$47,874
Aug 199743814,26817.862.55$44,274
Jul 199733516,48717.582.25$42,935
Jun 199727513,16917.242.26$34,466
May 199735115,77818.972.31$43,082
Apr 199740515,69917.882.08$39,939
Mar 199741416,16318.951.94$39,188
Feb 199730415,56620.492.21$40,566
Jan 199740119,44623.483.54$78,248
Dec 199634918,97423.32$8,139
Nov 199639620,41221.97$8,700
Oct 199638521,42723.31$8,974
Sep 199650027,22022.22$11,110
Aug 19961,20432,24520.26$24,393
Jul 19961,36537,25219.55$26,686
Jun 19961,20942,97718.73$22,645
May 1996733,78119.43$1,418

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             8 bbl  × $106.41 =       $851
Gas                1,673 Mcf  × $  3.05 =     $5,096

────────────────────────────────────────────────────
Month total                                   $5,947

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/159159 is the state's own key, not one this site invented.