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 159980District 06Field 354153002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.8 M
Jul 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
359
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 Gas111996-11-15135192
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
CondensateDisposition22,244 bbl$610,332
GasProduction1,391,055 Mcf$5,144,362
Total$5,754,693

186,306 Mcf of this lease's gas, across 6 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 32.6008, -94.8784. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.60078, -94.87838 · 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
11,160 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 11,160 ft.

Completions filed
Jul 1996
1 of 1 wells

1 well

42-45930843511,160 ftJul 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 (359)

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

359 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
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 20140295.944.81$10
Mar 20141295.895.06$106
Feb 20140397.406.19$19
Jan 20140090.404.86$0
Dec 20131291.824.35$101
Nov 20131388.853.74$100
Oct 20131797.423.78$124
Sep 2013110104.113.72$141
Aug 201328104.253.52$237
Jul 2013744102.523.72$881
Jun 20130094.403.93$0
May 2013172294.834.15$1,703
Apr 2013124193.964.28$1,303
Mar 2013131393.623.91$1,268
Feb 2013302291.233.42$2,812
Jan 2013252491.603.42$2,372
Dec 2012124186.773.42$1,181
Nov 201265986.953.62$736
Oct 201217689.383.40$348
Sep 201216494.672.92$281
Aug 2012314192.662.91$688
Jul 2012214985.133.02$620
Jun 2012218179.822.52$616
May 2012215091.612.49$556
Apr 2012797101.652.00$905
Mar 20126202105.052.22$1,079
Feb 201218207101.102.57$2,352
Jan 2012221,23398.092.73$5,529
Dec 2011231,65496.873.24$7,587
Nov 2011232,71195.723.31$11,178
Oct 2011113,29884.983.65$12,968
Sep 2011192,96683.623.99$13,411
Aug 2011102,73383.404.15$12,174
Jul 2011201,98494.144.52$10,845
Jun 2011102,98092.904.64$14,756
May 2011273,48398.134.40$17,992
Apr 201183,723105.964.33$16,980
Mar 2011102,87596.364.06$12,628
Feb 2011143,00385.644.18$13,751
Jan 2011133,95186.504.59$19,255
Dec 2010203,00085.734.35$14,758
Nov 2010133,24380.843.80$13,359
Oct 2010113,37478.103.51$12,698
Sep 2010153,12472.633.98$13,521
Aug 2010114,38073.684.42$20,167
Jul 201002,27772.554.74$10,785
Jun 201071,19270.364.91$6,346
May 2010182,90071.124.24$13,562
Apr 201063,02681.694.12$12,965
Mar 2010113,23478.394.39$15,055
Feb 201053,06773.585.44$17,060
Jan 201023,25974.365.96$19,586
Dec 200953,43971.445.48$19,216
Nov 200933,44774.593.75$13,155
Oct 200923,51772.544.11$14,601
Sep 200943,39265.543.06$10,658
Aug 200953,83367.423.22$12,674
Jul 200933,48961.133.46$12,271
Jun 200963,32366.163.90$13,340
May 200923,82254.743.93$15,114
Apr 200933,39946.773.59$12,334
Mar 200933,90742.144.06$15,985
Feb 200974,45532.814.63$20,870
Jan 2009261,20535.865.37$7,404
Dec 2008703,96437.105.98$26,290
Nov 2008524,56755.496.86$34,217
Oct 2008484,43075.246.92$34,276
Sep 2008292,840101.767.88$25,322
Aug 2008314,338114.228.48$40,340
Jul 2008574,416131.0811.39$57,767
Jun 2008504,824131.3313.03$69,436
May 2008163,649123.1711.57$44,205
Apr 2008653,873110.3110.45$47,662
Mar 2008564,176101.909.66$46,064
Feb 2008423,86892.538.77$37,811
Jan 2008503,82990.388.21$35,939
Dec 2007444,00688.337.30$33,138
Nov 2007594,48991.677.29$38,141
Oct 2007444,03182.856.92$31,548
Sep 2007454,16275.846.24$29,401
Aug 2007574,68469.066.39$33,858
Jul 2007424,16070.906.39$29,552
Jun 2007494,32462.007.55$35,678
May 2007343,49758.747.85$29,436
Apr 2007684,12359.617.81$36,234
Mar 2007594,73556.927.30$37,933
Feb 2007574,14455.108.22$37,188
Jan 2007674,09150.306.73$30,890
Dec 2006714,39756.656.92$34,443
Nov 2006434,34254.207.62$35,406
Oct 2006454,59754.906.01$30,116
Sep 2006774,61360.085.04$27,863
Aug 2006484,74468.717.34$38,119
Jul 2006784,97269.376.34$36,947
Jun 2006294,79466.286.38$32,526
May 2006505,09466.016.42$36,029
Apr 2006415,00564.397.36$39,479
Mar 2006885,33256.707.08$42,756
Feb 2006785,01857.597.75$43,387
Jan 2006815,26760.598.93$51,960
Dec 2005754,92254.9413.42$70,151
Nov 2005535,00754.6910.59$55,915
Oct 2005665,59558.3413.80$81,038
Sep 2005454,91761.4512.08$62,158
Aug 2005495,23061.519.80$54,251
Jul 2005455,40055.697.84$44,862
Jun 2005191,91252.337.38$15,107
May 200508645.226.65$572
Apr 200502649.207.36$191
Mar 2005215850.377.15$1,231
Feb 2005423645.226.31$1,670
Jan 20052374543.166.32$5,703
Dec 2004936,15839.866.75$45,280
Nov 20041056,13945.286.33$43,617
Oct 2004865,88549.706.52$42,616
Sep 2004755,18743.245.28$30,651
Aug 2004695,75442.375.55$34,862
Jul 2004491,59838.286.08$11,598
Jun 2004834,37636.106.43$31,147
May 2004864,16637.486.49$30,280
Apr 20041184,47834.475.86$30,302
Mar 20041125,68034.365.53$35,260
Feb 2004806,10432.455.51$36,227
Jan 2004516,40732.036.30$41,995
Dec 2003856,77130.266.30$45,241
Nov 2003756,60328.804.60$32,502
Oct 2003516,83128.174.76$33,950
Sep 2003127,00426.314.75$33,580
Aug 2003406,02729.765.13$32,107
Jul 2003627,49529.415.17$40,579
Jun 2003276,62628.565.98$40,414
May 2003244,13426.595.97$25,329
Apr 2003306,82526.675.41$37,705
Mar 2003696,90931.146.10$44,266
Feb 2003566,17133.487.93$50,785
Jan 2003257,25430.315.58$41,250
Dec 2002407,55426.914.85$37,742
Nov 2002426,56824.664.14$28,207
Oct 2002327,07526.464.23$30,768
Sep 2002396,83427.443.64$25,913
Aug 2002597,15625.963.16$24,174
Jul 2002466,98924.583.06$22,529
Jun 2002457,35623.733.34$25,624
May 2002567,34324.663.58$27,698
Apr 2002517,50423.653.51$27,563
Mar 2002878,39522.003.10$27,961
Feb 2002996,50218.222.38$17,250
Jan 20021257,66417.172.38$20,353
Dec 20011079,24016.932.36$23,659
Nov 200110110,16718.072.41$26,282
Oct 2001958,36419.782.53$23,031
Sep 2001918,42724.262.25$21,180
Aug 20011087,82424.873.05$26,574
Jul 20011217,78723.933.20$27,791
Jun 20011397,86024.563.82$33,472
May 20011317,58625.524.31$36,018
Apr 20011598,43724.685.34$48,938
Mar 200137,74024.545.38$41,687
Feb 20011487,64227.755.77$48,179
Jan 20012249,74027.478.40$87,957
Dec 20001348,45126.889.12$80,696
Nov 20001678,65932.215.66$54,372
Oct 20002909,53731.235.15$58,129
Sep 20001589,10131.875.19$52,238
Aug 20001549,19129.644.54$46,299
Jul 20001237,68728.534.09$34,947
Jun 20001649,71229.304.40$47,511
May 20001688,65927.263.68$36,443
Apr 20001438,14624.513.12$28,888
Mar 20002069,11328.422.86$31,915
Feb 20001676,24927.622.73$21,650
Jan 20001957,08025.272.48$22,490
Dec 19991956,96124.282.42$21,606
Nov 19991958,42823.192.43$25,036
Oct 19991967,97320.982.80$26,466
Sep 19991767,93021.752.62$24,595
Aug 19992028,54619.262.88$28,465
Jul 19991939,10517.892.37$25,053
Jun 199926811,62915.942.36$31,741
May 199926912,42715.792.32$33,091
Apr 199922211,80815.102.21$29,425
Mar 19993179,76812.471.84$21,910
Feb 199926911,2909.981.82$23,207
Jan 199930211,46210.381.90$24,912
Dec 199825611,0629.201.77$21,972
Nov 199826612,40110.892.19$30,002
Oct 199829313,80412.421.97$30,822
Sep 199825913,23912.592.08$30,833
Aug 199821711,28911.301.91$23,984
Jul 199826110,36711.742.24$26,258
Jun 199825112,31011.242.24$30,362
May 199834914,45712.622.21$36,301
Apr 199831614,67613.042.51$40,889
Mar 199831314,33112.802.31$37,103
Feb 199837415,00313.952.30$39,711
Jan 199834816,57614.702.15$40,833
Dec 199740518,71516.322.41$51,733
Nov 199727013,24618.193.09$45,818
Oct 199727113,20419.253.15$46,807
Sep 199730816,05117.742.95$52,893
Aug 199728713,92417.862.55$40,698
Jul 199730818,26917.582.25$46,464
Jun 199722312,51817.242.26$32,100
May 199732017,03618.972.31$45,398
Apr 199738317,73917.882.08$43,794
Mar 199735516,14918.951.94$38,042
Feb 199736017,14120.492.21$45,188
Jan 199738116,89723.483.54$68,756
Dec 199643722,21123.32$10,191
Nov 199638718,59021.97$8,502
Oct 199651427,07923.31$11,981
Sep 199661533,23822.22$13,665
Aug 199674742,21620.26$15,134
Jul 199671642,97219.55$13,998

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             0 bbl  × $ 95.94 =         $0
Gas                    2 Mcf  × $  4.81 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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/159980 is the state's own key, not one this site invented.