WOODS, MILTON (DEEP) GAS UNIT

Operated by MERIT ENERGY COMPANY (P-5 561136) in the WOODLAWN (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 168114District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.7 M
Feb 1998 – May 2026
Value, last 12 filed months
$47 k
at the published price for each month
Months reported
340
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 368 leases and 368 wells, and the rule below applies to all of them.

Discovered
1965-01-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2010-11-02.

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 Gas111998-07-06138557
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
CondensateDisposition20,295 bbl$783,266
GasProduction1,607,711 Mcf$5,921,449
Total$6,704,716

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 32.6138, -94.3938. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.61379, -94.39384 · 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
10,110 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 10,110 ft.

Completions filed
Sep 1998
1 of 1 wells

1 well

42-203324836 L10,110 ftSep 1998

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 (340)

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

340 months

May 202617940106.413.05$4,672
Apr 2026161,04498.932.87$4,579
Mar 2026638089.753.15$1,735
Feb 20261167363.503.75$3,222
Jan 20261480559.138.00$7,266
Dec 20251373356.664.41$3,972
Nov 20251265858.593.93$3,287
Oct 20251158159.383.30$2,573
Sep 2025181,09862.743.08$4,508
Aug 2025171,13163.933.01$4,497
Jul 20251285566.743.32$3,635
Jun 20251065466.483.13$2,711
May 20251252760.553.23$2,430
Apr 2025251,36162.363.54$6,381
Mar 2025261,38667.704.27$7,676
Feb 2025211,20570.884.34$6,719
Jan 2025261,33674.324.28$7,649
Dec 2024261,42468.993.12$6,239
Nov 2024211,46969.052.20$4,680
Oct 2024251,46371.372.28$5,122
Sep 2024251,35169.612.36$4,935
Aug 2024191,39475.632.06$4,314
Jul 2024241,45379.932.15$5,037
Jun 2024211,35978.082.63$5,219
May 2024261,47778.812.20$5,296
Apr 2024251,45984.451.66$4,532
Mar 2024251,34280.301.55$4,081
Feb 2024261,33176.091.78$4,352
Jan 2024291,55273.023.30$7,236
Dec 2023281,44171.262.61$5,757
Nov 2023241,53777.892.81$6,185
Oct 2023251,39985.443.09$6,455
Sep 2023251,52789.042.74$6,402
Aug 2023251,60980.522.67$6,314
Jul 2023261,61974.852.64$6,223
Jun 2023221,52768.962.26$4,966
May 2023321,68670.622.23$6,015
Apr 2023301,53478.122.24$5,776
Mar 2023331,63272.852.39$6,310
Feb 2023251,48875.112.47$5,547
Jan 2023351,75976.533.39$8,638
Dec 2022301,54776.415.73$11,155
Nov 2022271,52185.005.65$10,883
Oct 2022291,63687.185.86$12,121
Sep 2022191,45184.888.16$13,458
Aug 2022271,67594.529.13$17,840
Jul 2022291,918101.587.54$17,412
Jun 2022312,024115.097.98$19,714
May 2022251,719109.378.43$17,231
Apr 202200104.226.84$0
Mar 202210108.885.08$109
Feb 20221945391.054.86$3,931
Jan 2022803,84581.844.54$23,995
Dec 2021763,90971.323.90$20,662
Nov 2021733,99777.435.24$26,584
Oct 2021744,33379.795.71$30,663
Sep 2021764,55569.865.35$29,683
Aug 2021825,07966.024.22$26,850
Jul 2021885,36170.783.98$27,577
Jun 2021744,33069.493.38$19,780
May 2021804,50763.483.02$18,679
Apr 20211014,82760.362.76$19,411
Mar 20211025,72061.302.72$21,794
Feb 2021864,28857.805.55$28,760
Jan 20211145,75450.412.81$21,917
Dec 2020944,75044.642.68$16,905
Nov 20201195,89238.772.71$20,561
Oct 20201316,93736.972.48$22,036
Sep 20201107,41237.091.99$18,837
Aug 20201117,45239.982.39$22,212
Jul 20201187,53938.371.83$18,287
Jun 20201197,74134.901.69$17,238
May 20201468,46316.921.81$17,829
Apr 20201869,06914.751.80$19,107
Mar 20201889,99230.341.86$24,251
Feb 202017510,10649.881.98$28,746
Jan 20200057.252.09$0
Dec 20193359.012.30$184
Nov 20190055.302.75$0
Oct 20191150253.472.42$1,802
Sep 2019776,32855.052.66$21,054
Aug 2019957,67053.112.30$22,720
Jul 2019464,44956.272.46$13,533
Jun 201931452.782.49$193
May 2019807,65458.482.74$25,653
Apr 20191089,01862.632.75$31,570
Mar 201920112,10256.803.06$48,474
Feb 20191549,39450.852.79$34,061
Jan 2019201,10646.033.23$4,491
Dec 20181370946.594.19$3,573
Nov 2018191,12852.934.24$5,785
Oct 2018201,36061.443.40$5,850
Sep 20181496059.543.11$3,817
Aug 2018181,34159.403.07$5,181
Jul 2018181,33365.142.93$5,081
Jun 2018221,42160.183.08$5,696
May 2018151,08465.382.90$4,125
Apr 2018291,62763.842.90$6,571
Mar 2018311,66461.222.79$6,535
Feb 20181570761.782.77$2,882
Jan 2018291,87862.874.01$9,353
Dec 2017362,12057.272.92$8,255
Nov 2017291,54855.423.12$6,434
Oct 2017261,33649.292.98$5,268
Sep 2017241,29647.523.09$5,142
Aug 2017241,25345.373.00$4,853
Jul 20172694843.873.09$4,067
Jun 2017271,46542.493.09$5,670
May 2017291,65345.373.26$6,710
Apr 2017371,71147.933.21$7,268
Mar 2017401,84046.772.98$7,361
Feb 2017391,45650.452.95$6,267
Jan 2017421,25049.413.42$6,349
Dec 2016442,01648.763.72$9,651
Nov 2016441,74542.492.64$6,484
Oct 2016371,56946.193.09$6,558
Sep 2016211,68041.553.10$6,082
Aug 2016221,82941.442.92$6,260
Jul 2016221,90041.622.92$6,472
Jun 2016211,47045.352.69$4,901
May 2016231,83642.521.99$4,634
Apr 2016241,64736.561.99$4,157
Mar 2016271,73533.011.79$4,004
Feb 2016291,64426.472.06$4,160
Jan 2016321,77627.352.36$5,074
Dec 2015301,90932.362.00$4,791
Nov 2015231,90838.792.17$5,027
Oct 2015182,12543.552.43$5,940
Sep 2015182,10742.992.76$6,586
Aug 2015182,21240.162.87$7,077
Jul 2015212,04748.152.95$7,040
Jun 2015211,45956.152.88$5,385
May 2015221,99055.212.96$7,096
Apr 2015241,86849.822.71$6,252
Mar 2015271,34342.892.93$5,099
Feb 2015251,26044.662.98$4,867
Jan 20153296343.433.10$4,376
Dec 2014311,35654.693.59$6,565
Nov 2014221,64770.464.25$8,553
Oct 2014201,48578.303.90$7,359
Sep 2014201,58186.164.05$8,119
Aug 2014211,72489.394.04$8,834
Jul 2014211,73096.564.18$9,258
Jun 2014221,42598.164.74$8,910
May 2014252,08594.734.73$12,223
Apr 2014241,73495.944.81$10,642
Mar 2014262,29695.895.06$14,104
Feb 2014251,96797.406.19$14,615
Jan 2014301,74390.404.86$11,184
Dec 2013212,07891.824.35$10,977
Nov 2013201,42588.853.74$7,104
Oct 201372,13397.423.78$8,743
Sep 201362,296104.113.72$9,161
Aug 201371,780104.253.52$7,000
Jul 201382,156102.523.72$8,836
Jun 201371,43994.403.93$6,321
May 201381,74694.834.15$8,003
Apr 201381,25593.964.28$6,126
Mar 201391,47593.623.91$6,614
Feb 2013101,63791.233.42$6,511
Jan 2013101,52891.603.42$6,142
Dec 201291,47786.773.42$5,833
Nov 201261,66186.953.62$6,543
Oct 201251,65489.383.40$6,070
Sep 2012141,79794.672.92$6,570
Aug 2012172,07592.662.91$7,610
Jul 2012121,61785.133.02$5,906
Jun 2012142,03279.822.52$6,236
May 2012182,23691.612.49$7,213
Apr 2012182,344101.652.00$6,510
Mar 2012222,740105.052.22$8,400
Feb 2012242,295101.102.57$8,325
Jan 2012222,03198.092.73$7,711
Dec 2011251,66396.873.24$7,809
Nov 2011231,91995.723.31$8,556
Oct 2011262,09284.983.65$9,842
Sep 2011201,59683.623.99$8,034
Aug 2011262,00483.404.15$10,484
Jul 2011201,66294.144.52$9,390
Jun 2011201,72192.904.64$9,843
May 2011302,30298.134.40$13,084
Apr 2011352,463105.964.33$14,381
Mar 2011221,42296.364.06$7,889
Feb 2011312,04285.644.18$11,190
Jan 2011291,86686.504.59$11,071
Dec 2010251,94985.734.35$10,617
Nov 2010232,34080.843.80$10,740
Oct 2010181,97178.103.51$8,322
Sep 2010141,60272.633.98$7,392
Aug 2010132,34873.684.42$11,335
Jul 2010143,32472.554.74$16,760
Jun 2010202,43070.364.91$13,339
May 2010202,25371.124.24$10,964
Apr 2010281,88081.694.12$10,038
Mar 2010242,13278.394.39$11,238
Feb 2010242,60973.585.44$15,965
Jan 2010969374.365.96$4,802
Dec 2009232,18671.445.48$13,631
Nov 2009172,07874.593.75$9,064
Oct 2009102,33372.544.11$10,315
Sep 200913365.543.06$167
Aug 200991,77367.423.22$6,313
Jul 20091061.133.46$61
Jun 2009101,57966.163.90$6,812
May 2009142,00854.743.93$8,649
Apr 2009111,72246.773.59$6,692
Mar 2009121,84442.144.06$7,990
Feb 200981,12132.814.63$5,456
Jan 2009132,62435.865.37$14,560
Dec 2008122,42437.105.98$14,934
Nov 2008142,72255.496.86$19,451
Oct 2008543,26575.246.92$26,663
Sep 2008442,594101.767.88$24,911
Aug 2008473,132114.228.48$31,937
Jul 2008422,757131.0811.39$36,906
Jun 2008402,731131.3313.03$40,845
May 2008392,659123.1711.57$35,580
Apr 2008462,773110.3110.45$34,066
Mar 2008492,984101.909.66$33,831
Feb 2008592,70192.538.77$29,149
Jan 2008673,09190.388.21$31,419
Dec 2007502,53388.337.30$22,912
Nov 2007412,56691.677.29$22,469
Oct 2007333,22482.856.92$25,051
Sep 2007293,14875.846.24$21,856
Aug 2007313,38069.066.39$23,732
Jul 2007252,61870.906.39$18,496
Jun 2007313,06162.007.55$25,028
May 2007323,24658.747.85$27,349
Apr 2007323,12759.617.81$26,314
Mar 2007333,24756.927.30$25,588
Feb 2007363,14755.108.22$27,839
Jan 2007343,47050.306.73$25,052
Dec 2006413,31456.656.92$25,250
Nov 2006373,16754.207.62$26,130
Oct 2006343,23854.906.01$21,339
Sep 2006363,30060.085.04$18,786
Aug 2006373,32468.717.34$26,940
Jul 2006363,57569.376.34$25,173
Jun 2006383,33766.286.38$23,822
May 2006433,57366.016.42$25,795
Apr 2006503,51264.397.36$29,070
Mar 2006563,43756.707.08$27,519
Feb 2006373,00757.597.75$25,438
Jan 2006493,52160.598.93$34,423
Dec 2005493,90154.9413.42$55,026
Nov 2005302,33354.6910.59$26,343
Oct 2005393,67758.3413.80$53,002
Sep 2005373,65161.4512.08$46,374
Aug 2005423,54261.519.80$37,284
Jul 2005423,70355.697.84$31,384
Jun 2005433,89152.337.38$30,970
May 2005453,55745.226.65$25,693
Apr 2005453,59449.207.36$28,668
Mar 2005554,14150.377.15$32,399
Feb 2005433,19945.226.31$22,136
Jan 2005553,90743.166.32$27,075
Dec 2004463,48139.866.75$25,334
Nov 2004513,73645.286.33$25,960
Oct 2004503,86849.706.52$27,685
Sep 2004423,41143.245.28$19,839
Aug 2004494,02542.375.55$24,418
Jul 2004483,91538.286.08$25,657
Jun 2004533,85436.106.43$26,706
May 2004604,01137.486.49$28,299
Apr 2004594,41734.475.86$27,911
Mar 2004694,93034.365.53$29,634
Feb 2004564,07732.455.51$24,280
Jan 2004554,51632.036.30$30,211
Dec 2003584,76530.266.30$31,782
Nov 2003664,78928.804.60$23,907
Oct 2003664,95228.174.76$25,429
Sep 2003735,06026.314.75$25,952
Aug 2003765,03429.765.13$28,085
Jul 2003724,95629.415.17$27,744
Jun 2003625,09728.565.98$32,266
May 2003765,28026.595.97$33,557
Apr 2003795,41326.675.41$31,377
Mar 2003755,15031.146.10$33,730
Feb 2003845,10433.487.93$43,266
Jan 2003765,44530.315.58$32,698
Dec 2002845,47326.914.85$28,825
Nov 20021025,89224.664.14$26,890
Oct 2002896,30826.464.23$29,032
Sep 2002945,51627.443.64$22,631
Aug 2002786,04225.963.16$21,143
Jul 2002805,84624.583.06$19,865
Jun 20021026,63223.733.34$24,560
May 20021105,63324.663.58$22,901
Apr 20021156,20223.653.51$24,503
Mar 20021307,01222.003.10$24,616
Feb 20021146,40318.222.38$17,289
Jan 20021337,49917.172.38$20,099
Dec 20011307,97316.932.36$21,052
Nov 20011077,98118.072.41$21,132
Oct 20011108,40619.782.53$23,434
Sep 2001857,60924.262.25$19,192
Aug 2001747,75724.873.05$25,524
Jul 2001718,02523.933.20$27,356
Jun 2001627,85024.563.82$31,542
May 2001788,33525.524.31$37,892
Apr 20011009,96924.685.34$55,656
Mar 2001918,22224.545.38$46,438
Feb 2001797,79327.755.77$47,135
Jan 2001919,35927.478.40$81,104
Dec 2000787,83926.889.12$73,608
Nov 2000619,36332.215.66$54,941
Oct 2000679,77731.235.15$52,400
Sep 2000659,67431.875.19$52,246
Aug 20008210,69729.644.54$51,003
Jul 20007611,34028.534.09$48,546
Jun 20008911,56429.304.40$53,458
May 20009712,61127.263.68$49,050
Apr 200012813,24524.513.12$44,409
Mar 20009812,33328.422.86$38,054
Feb 200011213,62027.622.73$40,228
Jan 200012713,75425.272.48$37,326
Dec 199913114,70624.282.42$38,824
Nov 199923114,69923.192.43$41,134
Oct 199920117,07120.982.80$52,079
Sep 199919915,92521.752.62$46,033
Aug 199919418,32119.262.88$56,420
Jul 199922718,80017.892.37$48,662
Jun 199923519,18515.942.36$49,063
May 199923920,47915.792.32$51,306
Apr 199927320,47415.102.21$49,330
Mar 199931420,60212.471.84$41,789
Feb 199933521,6889.981.82$42,768
Jan 199943325,37610.381.90$52,708
Dec 199847228,8759.201.77$55,547
Nov 199838125,65910.892.19$60,232
Oct 199831820,72912.421.97$44,769
Sep 199826822,83112.592.08$50,922
Aug 199833325,72011.301.91$52,820
Jul 199845329,07811.742.24$70,374
Jun 199845232,02311.242.24$76,725
May 199842736,67212.622.21$86,300
Apr 199816739,22213.042.51$100,442
Mar 19984449,98812.802.31$116,007
Feb 199810819,11613.952.30$45,457

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            17 bbl  × $106.41 =     $1,809
Gas                  940 Mcf  × $  3.05 =     $2,863

────────────────────────────────────────────────────
Month total                                   $4,672

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/168114 is the state's own key, not one this site invented.