MEDLIN, J.W. ESTATE 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 168874District 06Field 354153002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Mar 1998 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
339
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 Gas111998-08-05138556
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
CondensateDisposition13,848 bbl$385,196
GasProduction1,140,070 Mcf$4,645,659
Total$5,030,855

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 32.6172, -94.8746. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.61721, -94.87464 · 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
11,210 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 11,210 ft.

Completions filed
Mar 1998
1 of 1 wells

1 well

42-45930940511,210 ftMar 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 (339)

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

339 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 20241080.301.55$80
Feb 20241491176.091.78$2,690
Jan 2024141,39273.023.30$5,613
Dec 202351,28671.262.61$3,714
Nov 202351,30477.892.81$4,051
Oct 2023101,29885.443.09$4,862
Sep 202371,27089.042.74$4,097
Aug 202341,33680.522.67$3,893
Jul 2023111,34874.852.64$4,385
Jun 2023101,30368.962.26$3,632
May 202301,38770.622.23$3,089
Apr 2023141,32578.122.24$4,059
Mar 2023141,29872.852.39$4,126
Feb 2023101,23175.112.47$3,786
Jan 2023191,37676.533.39$6,116
Dec 2022111,32676.415.73$8,437
Nov 2022161,60585.005.65$10,422
Oct 2022151,50887.185.86$10,150
Sep 202291,36584.888.16$11,907
Aug 202291,42494.529.13$13,848
Jul 202291,517101.587.54$12,356
Jun 202291,440115.097.98$12,523
May 2022171,429109.378.43$13,910
Apr 2022131,360104.226.84$10,654
Mar 2022141,364108.885.08$8,449
Feb 202291,21991.054.86$6,742
Jan 202291,31881.844.54$6,717
Dec 2021131,27371.323.90$5,891
Nov 202191,11477.435.24$6,531
Oct 2021101,39979.795.71$8,792
Sep 2021151,40669.865.35$8,571
Aug 2021101,36666.024.22$6,426
Jul 2021141,32270.783.98$6,255
Jun 2021141,36169.493.38$5,574
May 2021151,54563.483.02$5,615
Apr 2021121,12860.362.76$3,836
Mar 202191,58761.302.72$4,863
Feb 2021141,20557.805.55$7,494
Jan 2021121,43950.412.81$4,649
Dec 2020131,43444.642.68$4,417
Nov 2020131,36738.772.71$4,204
Oct 2020151,23836.972.48$3,623
Sep 2020141,43237.091.99$3,370
Aug 2020171,77239.982.39$4,906
Jul 2020171,83938.371.83$4,009
Jun 2020181,82234.901.69$3,708
May 2020201,90516.921.81$3,796
Apr 2020342,00514.751.80$4,119
Mar 202051,85530.341.86$3,595
Feb 20201272949.881.98$2,042
Jan 2020859757.252.09$1,709
Dec 20191998259.012.30$3,384
Nov 2019121,99555.302.75$6,151
Oct 201941,29653.472.42$3,348
Sep 201972,00455.052.66$5,711
Aug 201942,24753.112.30$5,390
Jul 2019675756.272.46$2,200
Jun 2019961852.782.49$2,015
May 2019111,11458.482.74$3,696
Apr 2019191,67462.632.75$5,795
Mar 2019191,84456.803.06$6,726
Feb 2019131,47150.852.79$4,768
Jan 2019211,68846.033.23$6,416
Dec 2018181,70946.594.19$7,992
Nov 2018131,58452.934.24$7,400
Oct 2018121,61961.443.40$6,239
Sep 2018201,70459.543.11$6,487
Aug 2018121,80259.403.07$6,239
Jul 2018161,89465.142.93$6,595
Jun 2018111,74860.183.08$6,040
May 2018171,79165.382.90$6,307
Apr 2018161,79463.842.90$6,225
Mar 2018181,87761.222.79$6,333
Feb 2018141,66961.782.77$5,482
Jan 2018141,80762.874.01$8,125
Dec 2017141,89157.272.92$6,326
Nov 2017171,76155.423.12$6,434
Oct 2017201,72849.292.98$6,142
Sep 2017181,96947.523.09$6,934
Aug 2017182,15345.373.00$7,285
Jul 2017221,80043.873.09$6,522
Jun 2017172,12642.493.09$7,286
May 2017222,20445.373.26$8,191
Apr 2017181,95047.933.21$7,125
Mar 2017232,30946.772.98$7,965
Feb 2017182,16950.452.95$7,312
Jan 2017222,29249.413.42$8,923
Dec 2016242,31348.763.72$9,781
Nov 2016222,30742.492.64$7,035
Oct 2016222,46046.193.09$8,618
Sep 2016212,51041.553.10$8,655
Aug 2016222,83841.442.92$9,211
Jul 2016223,10741.622.92$10,002
Jun 2016223,02445.352.69$9,120
May 2016232,57542.521.99$6,105
Apr 2016242,44136.561.99$5,738
Mar 2016312,57533.011.79$5,643
Feb 2016272,52526.472.06$5,925
Jan 2016322,77827.352.36$7,443
Dec 2015262,88532.362.00$6,615
Nov 2015312,94638.792.17$7,587
Oct 2015213,33243.552.43$9,000
Sep 2015202,58942.992.76$8,001
Aug 2015193,48140.162.87$10,762
Jul 2015253,72048.152.95$12,159
Jun 2015253,39356.152.88$11,185
May 2015261,33455.212.96$5,378
Apr 20152627749.822.71$2,045
Mar 20151320942.892.93$1,171
Feb 2015152644.662.98$747
Jan 2015256843.433.10$1,297
Dec 2014273654.693.59$1,606
Nov 20142412570.464.25$2,223
Oct 20142714778.303.90$2,688
Sep 20142214586.164.05$2,482
Aug 20142214189.394.04$2,536
Jul 20142728496.564.18$3,794
Jun 20141435898.164.74$3,070
May 20142711394.734.73$3,092
Apr 20142713295.944.81$3,225
Mar 20142716495.895.06$3,418
Feb 2014178697.406.19$2,188
Jan 201404190.404.86$199
Dec 2013016391.824.35$710
Nov 2013015388.853.74$572
Oct 2013023197.423.78$873
Sep 20130636104.113.72$2,364
Aug 20130679104.253.52$2,392
Jul 20130238102.523.72$885
Jun 2013020094.403.93$787
May 2013018994.834.15$784
Apr 2013021393.964.28$912
Mar 2013023593.623.91$920
Feb 2013013791.233.42$469
Jan 2013021491.603.42$732
Dec 2012021186.773.42$722
Nov 2012020286.953.62$732
Oct 2012031489.383.40$1,068
Sep 2012032994.672.92$960
Aug 2012020492.662.91$593
Jul 2012020885.133.02$628
Jun 2012020679.822.52$519
May 2012021191.612.49$525
Apr 20120246101.652.00$491
Mar 2012020105.052.22$44
Feb 20120208101.102.57$535
Jan 2012021898.092.73$596
Dec 2011021996.873.24$710
Nov 2011023895.723.31$788
Oct 2011016784.983.65$609
Sep 2011024883.623.99$988
Aug 2011029783.404.15$1,232
Jul 2011022594.144.52$1,016
Jun 2011010492.904.64$483
May 2011022798.134.40$1,000
Apr 20110255105.964.33$1,105
Mar 2011024896.364.06$1,006
Feb 2011015985.644.18$665
Jan 201107586.504.59$344
Dec 2010022985.734.35$996
Nov 2010017380.843.80$657
Oct 2010014778.103.51$516
Sep 2010018572.633.98$736
Aug 2010027573.684.42$1,215
Jul 2010018872.554.74$890
Jun 2010036070.364.91$1,768
May 2010042371.124.24$1,792
Apr 2010044281.694.12$1,822
Mar 201001,45878.394.39$6,399
Feb 2010126073.585.44$1,489
Jan 2010751374.365.96$3,580
Dec 20091055071.445.48$3,730
Nov 2009131,38774.593.75$6,173
Oct 20091688472.544.11$4,794
Sep 2009363,37765.543.06$12,709
Aug 2009232,56067.423.22$9,790
Jul 2009283,01061.133.46$12,140
Jun 2009211,50566.163.90$7,251
May 2009182,14354.743.93$9,398
Apr 2009282,62146.773.59$10,712
Mar 2009232,06842.144.06$9,363
Feb 2009232,09132.814.63$10,442
Jan 2009242,07035.865.37$11,979
Dec 2008202,09937.105.98$13,288
Nov 2008162,26155.496.86$16,399
Oct 2008161,25875.246.92$9,912
Sep 2008191,856101.767.88$16,553
Aug 2008332,917114.228.48$28,514
Jul 2008292,891131.0811.39$36,728
Jun 2008292,918131.3313.03$41,838
May 2008312,992123.1711.57$38,449
Apr 2008302,848110.3110.45$33,085
Mar 2008352,974101.909.66$32,307
Feb 2008292,57592.538.77$25,268
Jan 2008333,29890.388.21$30,045
Dec 2007323,47388.337.30$28,186
Nov 2007303,23691.677.29$26,346
Oct 2007263,55782.856.92$26,776
Sep 2007293,40875.846.24$23,479
Aug 2007243,59269.066.39$24,603
Jul 2007273,74670.906.39$25,844
Jun 2007273,15962.007.55$25,520
May 2007323,75458.747.85$31,335
Apr 2007293,89559.617.81$32,130
Mar 2007152,16556.927.30$16,663
Feb 200702,72555.108.22$22,389
Jan 200703,31950.306.73$22,326
Dec 200602,68556.656.92$18,576
Nov 200603,26754.207.62$24,886
Oct 200603,81754.906.01$22,955
Sep 200604,08460.085.04$20,572
Aug 200604,66568.717.34$34,241
Jul 200604,36369.376.34$27,673
Jun 200602,65866.286.38$16,968
May 200603,50466.016.42$22,513
Apr 200603,96964.397.36$29,214
Mar 200603,40956.707.08$24,146
Feb 200603,67757.597.75$28,501
Jan 200604,36160.598.93$38,958
Dec 200503,84554.9413.42$51,582
Nov 200503,98554.6910.59$42,195
Oct 200504,48958.3413.80$61,929
Sep 200503,27661.4512.08$39,571
Aug 200504,42561.519.80$43,351
Jul 200503,59755.697.84$28,214
Jun 200503,89152.337.38$28,720
May 200504,95245.226.65$32,937
Apr 200502,76449.207.36$20,344
Mar 2005174,47850.377.15$32,896
Feb 2005423,96545.226.31$26,926
Jan 2005584,60143.166.32$31,592
Dec 2004484,81039.866.75$34,386
Nov 2004434,36245.286.33$29,560
Oct 2004444,97449.706.52$34,593
Sep 2004514,93143.245.28$28,260
Aug 2004476,31342.375.55$37,033
Jul 2004383,62038.286.08$23,479
Jun 2004374,11736.106.43$27,820
May 2004484,51137.486.49$31,096
Apr 2004534,04334.475.86$25,513
Mar 2004374,76834.365.53$27,639
Feb 2004233,68632.455.51$21,055
Jan 2004254,76232.036.30$30,800
Dec 2003315,16430.266.30$33,480
Nov 2003265,03128.804.60$23,867
Oct 2003275,55328.174.76$27,191
Sep 2003315,59026.314.75$27,365
Aug 2003335,51629.765.13$29,278
Jul 2003305,67829.415.17$30,242
Jun 2003315,95328.565.98$36,502
May 2003265,94326.595.97$36,187
Apr 2003275,16126.675.41$28,627
Mar 2003406,09731.146.10$38,413
Feb 2003314,98933.487.93$40,580
Jan 2003225,63430.315.58$32,116
Dec 2002215,92126.914.85$29,304
Nov 2002195,65224.664.14$23,851
Oct 2002165,54826.464.23$23,887
Sep 2002155,57827.443.64$20,689
Aug 2002196,09425.963.16$19,776
Jul 2002186,12324.583.06$19,190
Jun 2002155,84623.733.34$19,871
May 2002226,32324.663.58$23,204
Apr 2002216,37223.653.51$22,877
Mar 2002366,68922.003.10$21,546
Feb 2002996,46818.222.38$17,170
Jan 20021026,68317.172.38$17,628
Dec 20011176,84616.932.36$18,167
Nov 20011157,60018.072.41$20,360
Oct 20011158,06219.782.53$22,663
Sep 2001988,32624.262.25$21,122
Aug 2001927,99624.873.05$26,701
Jul 2001907,92723.933.20$27,497
Jun 20011128,42624.563.82$34,973
May 2001927,79325.524.31$35,915
Apr 2001597,99024.685.34$44,085
Mar 2001728,09224.545.38$45,273
Feb 2001576,63427.755.77$39,841
Jan 2001768,25527.478.40$71,419
Dec 2000556,43726.889.12$60,200
Nov 2000526,27732.215.66$37,190
Oct 2000608,26631.235.15$44,407
Sep 2000598,76531.875.19$47,340
Aug 2000619,23929.644.54$43,760
Jul 2000588,94828.534.09$38,250
Jun 2000669,08929.304.40$41,900
May 20008410,02727.263.68$39,187
Apr 2000888,81624.513.12$29,628
Mar 20001979,61828.422.86$33,104
Feb 20002109,24727.622.73$31,012
Jan 200019610,00325.272.48$29,765
Dec 199921710,33524.282.42$30,318
Nov 199921210,88123.192.43$31,401
Oct 199920710,31120.982.80$33,252
Sep 199918111,29721.752.62$33,522
Aug 199922811,63719.262.88$37,855
Jul 199918511,13317.892.37$29,721
Jun 199919412,16815.942.36$31,834
May 199923313,28315.792.32$34,509
Apr 199925012,29015.102.21$30,912
Mar 199927415,18112.471.84$31,324
Feb 199927514,7049.981.82$29,473
Jan 199930215,11610.381.90$31,854
Dec 199849618,1579.201.77$36,761
Nov 199848319,61010.892.19$48,122
Oct 199845718,35412.421.97$41,819
Sep 199832115,00812.592.08$35,297
Aug 199840117,61311.301.91$38,125
Jul 199840619,14011.742.24$47,588
Jun 199843319,99811.242.24$49,608
May 199844224,16912.622.21$58,903
Apr 199860128,21813.042.51$78,532
Mar 199854827,79112.802.31$71,196

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.

Mar 2024 — as filed, then multipliedworked
Condensate             1 bbl  × $ 80.30 =        $80
Gas                    0 Mcf  × $  1.55 =         $0

────────────────────────────────────────────────────
Month total                                      $80

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/168874 is the state's own key, not one this site invented.