CALDWELL 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 169738District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.5 M
Jun 1998 – Feb 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
309
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 Gas111998-10-08139529
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
CondensateDisposition19,994 bbl$793,703
GasProduction1,874,043 Mcf$7,673,296
Total$8,466,999

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 32.6170, -94.3705. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.61705, -94.37053 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,017 ft
1 wells filed one
Completion to plug
21 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,017 ft.

Completions filed
May 2022
1 of 1 wells
Plug dates filed
Feb 2024
1 of 1 wells

Last completion to plug: a median of 21 months across the 1 well that filed both dates, with the middle half between 21 months and 21 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-203325087 L10,017 ftMay 2022Feb 2024Yes

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 (309)

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

309 months

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 202220109.378.43$219
Apr 2022161,398104.226.84$11,226
Mar 2022201,786108.885.08$11,244
Feb 2022171,45691.054.86$8,622
Jan 2022171,34981.844.54$7,513
Dec 2021151,34471.323.90$6,310
Nov 2021141,31777.435.24$7,981
Oct 2021151,43279.795.71$9,379
Sep 2021141,37869.865.35$8,352
Aug 2021141,43066.024.22$6,960
Jul 2021141,43470.783.98$6,701
Jun 2021141,34569.493.38$5,520
May 2021121,20663.483.02$4,401
Apr 2021151,24260.362.76$4,331
Mar 2021131,22461.302.72$4,122
Feb 2021141,10557.805.55$6,940
Jan 2021191,58050.412.81$5,398
Dec 2020171,47344.642.68$4,700
Nov 2020171,47938.772.71$4,662
Oct 2020181,58036.972.48$4,581
Sep 2020141,51437.091.99$3,534
Aug 2020141,49639.982.39$4,128
Jul 2020141,47638.371.83$3,231
Jun 2020121,27534.901.69$2,574
May 2020151,44616.921.81$2,878
Apr 2020151,31314.751.80$2,590
Mar 2020141,25930.341.86$2,762
Feb 2020161,28149.881.98$3,335
Jan 2020181,29157.252.09$3,735
Dec 2019404,07659.012.30$11,753
Nov 2019171,67655.302.75$5,550
Oct 2019151,54553.472.42$4,539
Sep 2019141,60555.052.66$5,036
Aug 2019161,67853.112.30$4,716
Jul 2019151,65456.272.46$4,913
Jun 2019151,59852.782.49$4,773
May 2019161,62258.482.74$5,380
Apr 2019121,40662.632.75$4,619
Mar 2019191,86156.803.06$6,778
Feb 2019161,48850.852.79$4,968
Jan 2019211,68846.033.23$6,416
Dec 2018201,72946.594.19$8,168
Nov 2018191,77652.934.24$8,531
Oct 2018161,77961.443.40$7,028
Sep 2018161,69959.543.11$6,233
Aug 2018171,98659.403.07$7,100
Jul 2018161,89865.142.93$6,607
Jun 2018181,89860.183.08$6,923
May 2018172,05865.382.90$7,081
Apr 2018232,12063.842.90$7,618
Mar 2018241,97961.222.79$6,984
Feb 2018211,97261.782.77$6,752
Jan 2018232,22262.874.01$10,355
Dec 2017242,24657.272.92$7,936
Nov 2017252,14955.423.12$8,087
Oct 2017252,22849.292.98$7,880
Sep 2017152,13747.523.09$7,310
Aug 2017152,40245.373.00$7,897
Jul 2017172,27243.873.09$7,760
Jun 2017172,33042.493.09$7,916
May 2017182,31745.373.26$8,378
Apr 2017242,41047.933.21$8,890
Mar 2017252,58046.772.98$8,867
Feb 2017252,23150.452.95$7,849
Jan 2017272,56449.413.42$10,100
Dec 2016282,58648.763.72$10,993
Nov 2016282,35142.492.64$7,407
Oct 2016252,43646.193.09$8,683
Sep 2016312,40541.553.10$8,745
Aug 2016312,12941.442.92$7,511
Jul 2016322,43241.622.92$8,444
Jun 2016302,37245.352.69$7,731
May 2016322,51842.521.99$6,374
Apr 2016352,32736.561.99$5,913
Mar 2016392,58333.011.79$5,921
Feb 2016412,27926.472.06$5,788
Jan 2016452,43727.352.36$6,993
Dec 2015432,48332.362.00$6,361
Nov 2015332,53538.792.17$6,774
Oct 2015252,46043.552.43$7,058
Sep 2015182,56242.992.76$7,841
Aug 2015182,48440.162.87$7,858
Jul 2015212,44848.152.95$8,221
Jun 2015202,61156.152.88$8,650
May 2015222,74955.212.96$9,339
Apr 2015222,66449.822.71$8,306
Mar 2015272,53342.892.93$8,592
Feb 2015251,96844.662.98$6,974
Jan 2015312,65343.433.10$9,572
Dec 2014312,39554.693.59$10,297
Nov 2014302,35570.464.25$12,127
Oct 2014252,69778.303.90$12,478
Sep 2014262,60086.164.05$12,758
Aug 2014282,66289.394.04$13,244
Jul 2014262,82396.564.18$14,310
Jun 2014292,56698.164.74$15,001
May 2014322,75694.734.73$16,058
Apr 2014322,79695.944.81$16,516
Mar 2014353,16795.895.06$19,371
Feb 2014341,56997.406.19$13,027
Jan 2014392,69690.404.86$16,630
Dec 2013272,98091.824.35$15,455
Nov 2013261,63888.853.74$8,433
Oct 2013312,58897.423.78$12,801
Sep 2013262,454104.113.72$11,830
Aug 2013342,818104.253.52$13,471
Jul 2013353,431102.523.72$16,344
Jun 2013302,76994.403.93$13,724
May 2013372,76894.834.15$14,993
Apr 2013372,64393.964.28$14,795
Mar 2013432,89893.623.91$15,365
Feb 2013452,93791.233.42$14,150
Jan 2013462,88391.603.42$14,073
Dec 2012392,88086.773.42$13,234
Nov 2012192,84386.953.62$11,958
Oct 2012163,05189.383.40$11,803
Sep 2012333,00694.672.92$11,897
Aug 2012362,83192.662.91$11,569
Jul 2012363,19485.133.02$12,713
Jun 2012312,93779.822.52$9,873
May 2012383,09691.612.49$11,185
Apr 2012373,030101.652.00$9,811
Mar 2012393,234105.052.22$11,283
Feb 2012473,061101.102.57$12,619
Jan 2012533,25898.092.73$14,106
Dec 2011763,18896.873.24$17,690
Nov 2011603,30595.723.31$16,687
Oct 2011363,53284.983.65$15,946
Sep 2011353,46083.623.99$16,718
Aug 2011424,19783.404.15$20,918
Jul 2011192,02594.144.52$10,936
Jun 2011333,54092.904.64$19,491
May 2011444,19098.134.40$22,774
Apr 2011453,997105.964.33$22,088
Mar 2011403,33496.364.06$17,382
Feb 2011433,55985.644.18$18,559
Jan 2011463,88086.504.59$21,783
Dec 2010424,02585.734.35$21,100
Nov 2010353,89180.843.80$17,597
Oct 2010374,12278.103.51$17,353
Sep 2010334,10272.633.98$18,721
Aug 2010275,42973.684.42$25,982
Jul 2010235,75972.554.74$28,946
Jun 2010313,96370.364.91$21,641
May 2010303,71371.124.24$17,859
Apr 2010422,93781.694.12$15,539
Mar 2010403,92278.394.39$20,348
Feb 2010353,90873.585.44$23,844
Jan 2010332,93174.365.96$19,935
Dec 2009393,95771.445.48$24,485
Nov 2009202,39174.593.75$10,462
Oct 2009312,83772.544.11$13,910
Sep 2009394,23665.543.06$15,538
Aug 2009493,91467.423.22$15,901
Jul 2009603,93461.133.46$17,297
Jun 2009633,92466.163.90$19,452
May 2009634,11454.743.93$19,599
Apr 2009584,03346.773.59$17,181
Mar 2009644,23842.144.06$19,899
Feb 2009513,69232.814.63$18,778
Jan 2009504,34935.865.37$25,151
Dec 2008534,41437.105.98$28,349
Nov 2008394,20255.496.86$30,991
Oct 2008414,09175.246.92$31,403
Sep 2008273,512101.767.88$30,412
Aug 2008304,426114.228.48$40,972
Jul 2008304,429131.0811.39$54,376
Jun 2008284,197131.3313.03$58,375
May 2008294,330123.1711.57$53,689
Apr 2008324,202110.3110.45$47,461
Mar 2008344,509101.909.66$47,040
Feb 2008414,06692.538.77$39,455
Jan 2008464,58590.388.21$41,781
Dec 2007404,45388.337.30$36,049
Nov 2007364,55091.677.29$36,477
Oct 2007624,99282.856.92$39,691
Sep 2007534,67475.846.24$33,205
Aug 2007534,61869.066.39$33,160
Jul 2007534,56970.906.39$32,944
Jun 2007574,57462.007.55$38,061
May 2007595,00958.747.85$42,768
Apr 2007614,90059.617.81$41,882
Mar 2007635,17756.927.30$41,388
Feb 2007644,55055.108.22$40,909
Jan 2007615,03250.306.73$36,918
Dec 2006595,19956.656.92$39,311
Nov 2006534,83054.207.62$39,665
Oct 2006485,01354.906.01$32,782
Sep 2006515,14960.085.04$29,001
Aug 2006545,27768.717.34$42,443
Jul 2006525,57169.376.34$38,943
Jun 2006585,34166.286.38$37,941
May 2006615,53766.016.42$39,602
Apr 2006745,79364.397.36$47,404
Mar 2006855,78156.707.08$45,766
Feb 2006585,15857.597.75$43,321
Jan 2006715,74660.598.93$55,633
Dec 2005556,70454.9413.42$92,959
Nov 2005443,32754.6910.59$37,634
Oct 2005635,66758.3413.80$81,856
Sep 2005605,64661.4512.08$71,885
Aug 2005705,81661.519.80$61,284
Jul 2005766,53855.697.84$55,514
Jun 2005736,23852.337.38$49,863
May 20051007,81545.226.65$56,501
Apr 2005765,85549.207.36$46,835
Mar 2005846,17650.377.15$48,420
Feb 2005785,63145.226.31$39,070
Jan 2005906,16343.166.32$42,848
Dec 20041056,75939.866.75$49,816
Nov 20043256,77745.286.33$57,617
Oct 20043356,77949.706.52$60,815
Sep 20043086,60043.245.28$48,192
Aug 20043076,64342.375.55$49,881
Jul 20043196,77038.286.08$53,401
Jun 20043436,49936.106.43$54,191
May 20043886,87037.486.49$59,160
Apr 20043637,17234.475.86$54,529
Mar 20044097,62534.365.53$56,221
Feb 20043677,09732.455.51$51,011
Jan 20043257,46032.036.30$57,405
Dec 2003877,69830.266.30$51,143
Nov 2003657,67728.804.60$37,149
Oct 2003648,02428.174.76$39,994
Sep 2003616,91126.314.75$34,428
Aug 2003727,90229.765.13$42,678
Jul 2003718,15929.415.17$44,277
Jun 2003588,00928.565.98$49,574
May 2003748,53126.595.97$52,921
Apr 2003647,08826.675.41$40,034
Mar 2003839,31531.146.10$59,369
Feb 2003858,48233.487.93$70,073
Jan 2003809,34930.315.58$54,611
Dec 2002879,49526.914.85$48,428
Nov 20021019,73224.664.14$42,752
Oct 2002839,79926.464.23$43,637
Sep 2002839,68227.443.64$37,474
Aug 20026610,00925.963.16$33,383
Jul 2002659,34824.583.06$30,219
Jun 20028110,14523.733.34$35,789
May 200210410,42724.663.58$39,935
Apr 20029710,31923.653.51$38,538
Mar 200210210,68922.003.10$35,409
Feb 2002859,33518.222.38$23,726
Jan 20029710,66617.172.38$27,004
Dec 20019211,04816.932.36$27,679
Nov 20017310,54318.072.41$26,681
Oct 20017911,61819.782.53$30,943
Sep 20016911,40524.262.25$27,350
Aug 20016412,56224.873.05$39,945
Jul 20016113,02923.933.20$43,114
Jun 20015412,71924.563.82$49,966
May 20016813,61325.524.31$60,371
Apr 20019116,90924.685.34$92,461
Mar 20018013,39224.545.38$73,964
Feb 20017012,96727.755.77$76,724
Jan 20018115,24127.478.40$130,231
Dec 20007314,93326.889.12$138,189
Nov 2000215,86432.215.66$89,823
Oct 2000217,03631.235.15$87,721
Sep 2000216,84031.875.19$87,404
Aug 2000218,42729.644.54$83,732
Jul 2000219,65228.534.09$80,429
Jun 2000220,90229.304.40$91,970
May 2000224,19527.263.68$89,086
Apr 2000223,44124.513.12$73,091
Mar 2000111,69228.422.86$33,465
Feb 2000115,25527.622.73$41,620
Jan 20002716,46225.272.48$41,516
Dec 199918418,64224.282.42$49,651
Nov 199917017,66623.192.43$46,941
Oct 199918320,12820.982.80$60,272
Sep 199919420,36621.752.62$57,555
Aug 199917821,90719.262.88$66,424
Jul 199920421,99017.892.37$55,818
Jun 199921422,60615.942.36$56,809
May 199923025,63415.792.32$63,129
Apr 199926025,45115.102.21$60,123
Mar 199929325,03312.471.84$49,673
Feb 199931526,3449.981.82$51,032
Jan 199943032,87010.381.90$66,915
Dec 199845736,0849.201.77$68,193
Nov 199841935,41610.892.19$81,972
Oct 199851739,89512.421.97$84,983
Sep 199855845,57912.592.08$101,949
Aug 199853144,13411.301.91$90,179
Jul 199834749,39411.742.24$114,581
Jun 199826023,65411.242.24$55,843

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 2022 — as filed, then multipliedworked
Condensate             2 bbl  × $109.37 =       $219
Gas                    0 Mcf  × $  8.43 =         $0

────────────────────────────────────────────────────
Month total                                     $219

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/169738 is the state's own key, not one this site invented.