NICHOLSON, JOHN W. 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 159549District 06Field 354153002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
May 1996 – May 2026
Value, last 12 filed months
$46 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 Gas111996-11-01135035
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
CondensateDisposition11,389 bbl$451,533
GasProduction663,724 Mcf$2,229,280
Total$2,680,812

99,893 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 32.6111, -94.8186. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.61106, -94.81864 · 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
11,142 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 11,142 ft.

Completions filed
May 1996
1 of 1 wells

1 well

42-45930851211,142 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 202615700106.413.05$3,728
Apr 20261673998.932.87$3,704
Mar 20262172089.753.15$4,152
Feb 2026964763.503.75$2,998
Jan 20261565659.138.00$6,134
Dec 20251676156.664.41$4,265
Nov 20251569558.593.93$3,608
Oct 20251774659.383.30$3,475
Sep 20251280262.743.08$3,221
Aug 20251885663.933.01$3,731
Jul 20251182166.743.32$3,456
Jun 20251774766.483.13$3,467
May 20251690460.553.23$3,891
Apr 20251169762.363.54$3,156
Mar 20251870667.704.27$4,232
Feb 20251561470.884.34$3,728
Jan 20251571574.324.28$4,174
Dec 20241677768.993.12$3,529
Nov 20241677769.052.20$2,813
Oct 20241682971.372.28$3,033
Sep 20241681969.612.36$3,050
Aug 20241789975.632.06$3,141
Jul 20241392579.932.15$3,025
Jun 2024231,25578.082.63$5,101
May 2024331,43378.812.20$5,751
Apr 2024151,20284.451.66$3,261
Mar 20241996080.301.55$3,009
Feb 20243092176.091.78$3,925
Jan 20242393273.023.30$4,753
Dec 2023998871.262.61$3,221
Nov 2023996477.892.81$3,408
Oct 20231896185.443.09$4,505
Sep 20231194389.042.74$3,559
Aug 202361,01380.522.67$3,191
Jul 20231887074.852.64$3,646
Jun 2023121,00868.962.26$3,104
May 2023082370.622.23$1,833
Apr 20231647578.122.24$2,313
Mar 20232082572.852.39$3,431
Feb 20231270975.112.47$2,649
Jan 20232476176.533.39$4,415
Dec 20221271076.415.73$4,985
Nov 20221875185.005.65$5,770
Oct 20221775187.185.86$5,886
Sep 20221272184.888.16$6,905
Aug 2022981394.529.13$8,271
Jul 20229654101.587.54$5,847
Jun 20229577115.097.98$5,639
May 202223718109.378.43$8,570
Apr 202216816104.226.84$7,247
Mar 202217766108.885.08$5,739
Feb 20221367591.054.86$4,463
Jan 20221280081.844.54$4,612
Dec 20211776871.323.90$4,207
Nov 20211057277.435.24$3,770
Oct 2021946879.795.71$3,392
Sep 20212080569.865.35$5,705
Aug 20211483766.024.22$4,457
Jul 20212394970.783.98$5,407
Jun 20211897869.493.38$4,557
May 20211157363.483.02$2,427
Apr 202127760.362.76$333
Mar 202102161.302.72$57
Feb 202101157.805.55$61
Jan 202113350.412.81$143
Dec 202013544.642.68$138
Nov 202014738.772.71$166
Oct 2020411036.972.48$421
Sep 2020422537.091.99$596
Aug 202015339.982.39$166
Jul 202017138.371.83$168
Jun 202015734.901.69$131
May 202036716.921.81$172
Apr 2020623114.751.80$505
Mar 202028830.341.86$224
Feb 2020814349.881.98$682
Jan 2020618957.252.09$739
Dec 20191324559.012.30$1,332
Nov 20192055.302.75$111
Oct 20191053.472.42$53
Sep 20193055.052.66$165
Aug 2019013553.112.30$311
Jul 2019015656.272.46$384
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 20181060.183.08$60
May 201815865.382.90$1,004
Apr 2018075163.842.90$2,179
Mar 2018151761.222.79$966
Feb 20182061.782.77$124
Jan 20181010262.874.01$1,038
Dec 20171056157.272.92$2,212
Nov 20171452955.423.12$2,425
Oct 20172059549.292.98$2,761
Sep 20171962147.523.09$2,820
Aug 20171951445.373.00$2,406
Jul 20172463143.873.09$3,001
Jun 20171880342.493.09$3,244
May 20172475945.373.26$3,566
Apr 20171972747.933.21$3,246
Mar 20172599546.772.98$4,138
Feb 20171996750.452.95$3,814
Jan 2017231,07749.413.42$4,818
Dec 2016261,07548.763.72$5,270
Nov 2016241,15742.492.64$4,079
Oct 2016231,26146.193.09$4,959
Sep 2016231,29941.553.10$4,983
Aug 2016231,45441.442.92$5,205
Jul 2016231,66841.622.92$5,835
Jun 2016231,67045.352.69$5,528
May 2016161,18042.521.99$3,030
Apr 201601,19036.561.99$2,369
Mar 2016087233.011.79$1,564
Feb 201601,03326.472.06$2,132
Jan 201601,20227.352.36$2,842
Dec 201501,26032.362.00$2,522
Nov 201501,17038.792.17$2,536
Oct 201501,24343.552.43$3,016
Sep 2015092642.992.76$2,554
Aug 201501,06740.162.87$3,065
Jul 2015075348.152.95$2,218
Jun 201501,01156.152.88$2,915
May 2015090455.212.96$2,672
Apr 2015087949.822.71$2,379
Mar 2015083942.892.93$2,462
Feb 2015038544.662.98$1,146
Jan 201503043.433.10$93
Dec 201409154.693.59$327
Nov 2014010070.464.25$425
Oct 2014013278.303.90$515
Sep 2014013486.164.05$542
Aug 2014051689.394.04$2,082
Jul 20140096.564.18$0
Jun 2014014998.164.74$706
May 2014013994.734.73$657
Apr 2014019595.944.81$938
Mar 20141417895.895.06$2,243
Feb 20145313997.406.19$6,023
Jan 20145820590.404.86$6,240
Dec 20136720291.824.35$7,032
Nov 20135817088.853.74$5,789
Oct 20135825397.423.78$6,607
Sep 201358618104.113.72$8,336
Aug 201367508104.253.52$8,774
Jul 201359253102.523.72$6,989
Jun 20135941094.403.93$7,182
May 20136333494.834.15$7,360
Apr 20137750493.964.28$9,393
Mar 20136937493.623.91$7,923
Feb 20136044491.233.42$6,992
Jan 20132168191.603.42$4,253
Dec 20122359386.773.42$4,024
Nov 20121965286.953.62$4,016
Oct 20121560489.383.40$3,394
Sep 20121742394.672.92$2,844
Aug 20121761492.662.91$3,361
Jul 2012970985.133.02$2,908
Jun 20121159079.822.52$2,364
May 20121264291.612.49$2,697
Apr 201212740101.652.00$2,697
Mar 20129846105.052.22$2,825
Feb 201212673101.102.57$2,943
Jan 20121796098.092.73$4,292
Dec 20111493896.873.24$4,395
Nov 20111698895.723.31$4,803
Oct 20111371084.983.65$3,695
Sep 2011131,23983.623.99$6,025
Aug 2011131,30383.404.15$6,491
Jul 2011161,15494.144.52$6,719
Jun 20111187592.904.64$5,082
May 2011191,01998.134.40$6,353
Apr 20119957105.964.33$5,101
Mar 2011161,09496.364.06$5,980
Feb 20111564885.644.18$3,993
Jan 20111684786.504.59$5,271
Dec 20102688085.734.35$6,055
Nov 20104193780.843.80$6,871
Oct 2010442,92978.103.51$13,714
Sep 20101466472.633.98$3,659
Aug 20101287273.684.42$4,738
Jul 20101189672.554.74$5,042
Jun 2010281770.364.91$4,153
May 2010051671.124.24$2,185
Apr 2010249181.694.12$2,188
Mar 2010498778.394.39$4,645
Feb 2010388173.585.44$5,015
Jan 201051,01574.365.96$6,425
Dec 200951,02571.445.48$5,978
Nov 200941,00974.593.75$4,084
Oct 2009381272.544.11$3,555
Sep 2009390865.543.06$2,979
Aug 2009281967.423.22$2,771
Jul 2009268661.133.46$2,499
Jun 2009350066.163.90$2,146
May 2009467554.743.93$2,869
Apr 2009889446.773.59$3,581
Mar 200991,38842.144.06$6,013
Feb 2009542532.814.63$2,133
Jan 2009131,39735.865.37$7,969
Dec 2008111,27137.105.98$8,005
Nov 2008101,52355.496.86$11,003
Oct 2008121,44075.246.92$10,871
Sep 2008111,371101.767.88$11,919
Aug 2008161,687114.228.48$16,138
Jul 2008151,704131.0811.39$21,374
Jun 2008141,682131.3313.03$23,760
May 2008151,825123.1711.57$22,971
Apr 2008131,610110.3110.45$18,266
Mar 2008181,482101.909.66$16,156
Feb 2008321,35592.538.77$14,845
Jan 2008361,70990.388.21$17,277
Dec 2007371,86988.337.30$16,916
Nov 2007361,86991.677.29$16,928
Oct 2007291,85282.856.92$15,222
Sep 2007311,77475.846.24$13,428
Aug 2007251,78569.066.39$13,129
Jul 2007271,76470.906.39$13,183
Jun 2007241,33062.007.55$11,527
May 2007291,72758.747.85$15,254
Apr 2007251,42759.617.81$12,628
Mar 2007271,43056.927.30$11,979
Feb 20072189655.108.22$8,519
Jan 2007361,38350.306.73$11,114
Dec 2006261,14756.656.92$9,408
Nov 2006331,26254.207.62$11,402
Oct 2006251,06354.906.01$7,765
Sep 2006271,60060.085.04$9,682
Aug 2006381,43568.717.34$13,144
Jul 2006321,46969.376.34$11,537
Jun 2006311,38866.286.38$10,916
May 2006351,84466.016.42$14,158
Apr 2006261,77664.397.36$14,746
Mar 2006181,51256.707.08$11,730
Feb 2006141,42957.597.75$11,883
Jan 2006211,83660.598.93$17,674
Dec 2005191,75054.9413.42$24,521
Nov 2005141,44354.6910.59$16,045
Oct 2005161,45458.3413.80$20,992
Sep 2005131,41861.4512.08$17,927
Aug 200591,11061.519.80$11,428
Jul 20051197755.697.84$8,276
Jun 2005131,08852.337.38$8,711
May 2005131,23145.226.65$8,775
Apr 2005171,63849.207.36$12,893
Mar 2005161,47350.377.15$11,345
Feb 2005131,58145.226.31$10,567
Jan 2005182,03643.166.32$13,649
Dec 2004121,79239.866.75$12,576
Nov 2004111,58745.286.33$10,544
Oct 2004261,61149.706.52$11,788
Sep 2004211,72543.245.28$10,023
Aug 2004231,81142.375.55$11,027
Jul 2004151,92738.286.08$12,298
Jun 2004151,66836.106.43$11,272
May 2004202,16837.486.49$14,830
Apr 2004252,25634.475.86$14,078
Mar 2004292,01534.365.53$12,140
Feb 2004172,34132.455.51$13,450
Jan 2004181,71132.036.30$11,355
Dec 2003191,82830.266.30$12,094
Nov 200391,37028.804.60$6,555
Oct 200381,54928.174.76$7,598
Sep 2003231,61626.314.75$8,280
Aug 2003202,52629.765.13$13,553
Jul 2003332,60929.415.17$14,461
Jun 2003192,96428.565.98$18,276
May 2003262,63726.595.97$16,441
Apr 2003332,75726.675.41$15,788
Mar 2003373,13931.146.10$20,288
Feb 2003412,15433.487.93$18,445
Jan 2003362,14630.315.58$13,070
Dec 2002181,74526.914.85$8,954
Nov 2002331,55724.664.14$7,255
Oct 2002291,88026.464.23$8,718
Sep 2002101,15527.443.64$4,473
Aug 2002241,29525.963.16$4,721
Jul 2002231,53924.583.06$5,277
Jun 2002201,30723.733.34$4,838
May 2002221,41924.663.58$5,628
Apr 2002221,46423.653.51$5,662
Mar 2002291,49422.003.10$5,273
Feb 2002351,47018.222.38$4,130
Jan 2002511,42417.172.38$4,259
Dec 2001501,38016.932.36$4,109
Nov 2001571,78418.072.41$5,321
Oct 2001321,36219.782.53$4,077
Sep 2001571,47024.262.25$4,692
Aug 2001461,58324.873.05$5,977
Jul 2001551,73523.933.20$6,863
Jun 2001521,84924.563.82$8,348
May 200112,55925.524.31$11,048
Apr 2001452,40224.685.34$13,926
Mar 2001552,43824.545.38$14,457
Feb 2001632,77327.755.77$17,740
Jan 2001652,84327.478.40$25,663
Dec 2000682,95426.889.12$28,776
Nov 2000462,92232.215.66$18,014
Oct 2000743,18631.235.15$18,705
Sep 2000463,15831.875.19$17,845
Aug 2000423,12229.644.54$15,421
Jul 2000683,34028.534.09$15,600
Jun 2000673,20429.304.40$16,052
May 2000633,61727.263.68$15,027
Apr 2000603,41724.513.12$12,118
Mar 2000554,42228.422.86$14,209
Feb 2000623,40127.622.73$10,985
Jan 2000503,97625.272.48$11,126
Dec 1999684,11824.282.42$11,632
Nov 1999654,19623.192.43$11,720
Oct 1999623,76320.982.80$11,851
Sep 1999443,74521.752.62$10,765
Aug 1999323,20819.262.88$9,841
Jul 1999493,75917.892.37$9,794
Jun 199983,57515.942.36$8,572
May 1999113,97315.792.32$9,395
Apr 1999103,55515.102.21$8,001
Mar 1999204,36412.471.84$8,272
Feb 1999734,2709.981.82$8,491
Jan 19991155,11710.381.90$10,916
Dec 1998765,5239.201.77$10,493
Nov 1998925,58210.892.19$13,203
Oct 1998915,67712.421.97$12,309
Sep 1998855,61712.592.08$12,768
Aug 1998886,09411.301.91$12,618
Jul 1998875,78011.742.24$13,953
Jun 19981186,24211.242.24$15,291
May 19981486,73912.622.21$16,736
Apr 19981326,95513.042.51$19,146
Mar 19981797,78112.802.31$20,261
Feb 19981878,06513.952.30$21,151
Jan 19981839,70614.702.15$23,604
Dec 199724710,96916.322.41$30,478
Nov 19972367,96618.193.09$28,894
Oct 19971235,62819.253.15$20,095
Sep 19971285,76417.742.95$19,303
Aug 19971537,01717.862.55$20,659
Jul 19971037,66517.582.25$19,034
Jun 1997784,89917.242.26$12,403
May 19971277,81018.972.31$20,439
Apr 19971579,28817.882.08$22,152
Mar 199717710,39818.951.94$23,517
Feb 19971358,55620.492.21$21,640
Jan 19971759,74323.483.54$38,596
Dec 199618010,47523.32$4,198
Nov 199620110,08121.97$4,416
Oct 199626013,49423.31$6,061
Sep 199624714,88322.22$5,488
Aug 199630117,20320.26$6,098
Jul 199624315,96919.55$4,751
Jun 19965016,45518.73$937
May 199601,33319.43$0

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            15 bbl  × $106.41 =     $1,596
Gas                  700 Mcf  × $  3.05 =     $2,132

────────────────────────────────────────────────────
Month total                                   $3,728

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/159549 is the state's own key, not one this site invented.