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 170501District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.3 M
Jul 1998 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
335
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 Gas111998-12-10139785
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
CondensateDisposition10,079 bbl$257,751
GasProduction1,089,347 Mcf$4,060,300
Total$4,318,051

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 32.6229, -94.3649. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.62292, -94.36488 · 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
10,070 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 10,070 ft.

Completions filed
Jul 1998
1 of 1 wells

1 well

42-203325078 L10,070 ftJul 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 (335)

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

335 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 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 201203686.953.62$131
Oct 2012022389.383.40$758
Sep 2012078794.672.92$2,297
Aug 2012029392.662.91$852
Jul 2012021885.133.02$659
Jun 201201,24479.822.52$3,134
May 20120091.612.49$0
Apr 20120215101.652.00$429
Mar 20120174105.052.22$387
Feb 20120164101.102.57$422
Jan 2012044798.092.73$1,222
Dec 2011042896.873.24$1,387
Nov 2011027295.723.31$901
Oct 2011028484.983.65$1,036
Sep 2011020983.623.99$833
Aug 2011027683.404.15$1,145
Jul 2011027194.144.52$1,224
Jun 2011089292.904.64$4,139
May 201101,26398.134.40$5,563
Apr 20110185105.964.33$802
Mar 2011030796.364.06$1,246
Feb 2011028685.644.18$1,195
Jan 2011073386.504.59$3,364
Dec 2010016385.734.35$709
Nov 2010373580.843.80$3,032
Oct 2010130578.103.51$1,148
Sep 2010246272.633.98$1,984
Aug 201041,78473.684.42$8,179
Jul 201021,23772.554.74$6,004
Jun 201092,85970.364.91$14,672
May 2010141271.124.24$1,816
Apr 2010252481.694.12$2,324
Mar 2010387878.394.39$4,088
Feb 201071,81573.585.44$10,393
Jan 2010466474.365.96$4,258
Dec 200992,11571.445.48$12,241
Nov 200902,08274.593.75$7,811
Oct 200901,85572.544.11$7,625
Sep 200903,16765.543.06$9,706
Aug 200903,40267.423.22$10,949
Jul 200901,86161.133.46$6,447
Jun 200902,51666.163.90$9,800
May 200906,04054.743.93$23,712
Apr 200901,31846.773.59$4,728
Mar 200901,38142.144.06$5,605
Feb 2009096932.814.63$4,489
Jan 2009032335.865.37$1,735
Dec 200801,54437.105.98$9,229
Nov 200802,00255.496.86$13,734
Oct 200831,41275.246.92$10,000
Sep 2008251,876101.767.88$17,321
Aug 2008262,303114.228.48$22,506
Jul 20084326131.0811.39$4,237
Jun 20086531131.3313.03$7,708
May 200811911123.1711.57$11,899
Apr 200812923110.3110.45$10,974
Mar 2008171,203101.909.66$13,358
Feb 2008402,32192.538.77$24,058
Jan 2008281,53490.388.21$15,118
Dec 2007372,39788.337.30$20,771
Nov 2007352,83891.677.29$23,902
Oct 2007263,05782.856.92$23,315
Sep 2007243,01975.846.24$20,671
Aug 2007253,22569.066.39$22,328
Jul 2007232,97970.906.39$20,660
Jun 2007252,92162.007.55$23,599
May 2007293,62658.747.85$30,154
Apr 2007293,36859.617.81$28,017
Mar 2007313,71956.927.30$28,921
Feb 2007323,36755.108.22$29,426
Jan 2007293,39050.306.73$24,263
Dec 2006403,73056.656.92$28,072
Nov 2006353,41254.207.62$27,888
Oct 2006323,64454.906.01$23,671
Sep 2006313,39260.085.04$18,949
Aug 2006353,78568.717.34$30,186
Jul 2006313,73169.376.34$25,815
Jun 2006113,66066.286.38$24,094
May 2006393,88566.016.42$27,536
Apr 2006483,93064.397.36$32,017
Mar 2006543,90956.707.08$30,749
Feb 2006383,62357.597.75$30,271
Jan 2006463,99760.598.93$38,494
Dec 2005433,51554.9413.42$49,518
Nov 2005622,66754.6910.59$31,630
Oct 2005653,12158.3413.80$46,849
Sep 2005633,14361.4512.08$41,836
Aug 2005652,89861.519.80$32,389
Jul 2005632,86355.697.84$25,965
Jun 2005653,26752.337.38$27,515
May 200503,73045.226.65$24,809
Apr 200503,64649.207.36$26,836
Mar 200502,53750.377.15$18,152
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 2004217145.286.33$1,173
Oct 2004328449.706.52$1,999
Sep 2004559443.245.28$3,355
Aug 2004335042.375.55$2,070
Jul 2004328138.286.08$1,824
Jun 20041095036.106.43$6,472
May 20040037.486.49$0
Apr 200421034.475.86$128
Mar 2004292,33934.365.53$13,931
Feb 2004888,27832.455.51$48,464
Jan 2004879,55832.036.30$62,999
Dec 2003647,00730.266.30$46,092
Nov 2003576,53528.804.60$31,671
Oct 2003607,18228.174.76$35,874
Sep 2003687,27526.314.75$36,341
Aug 200310711,20329.765.13$60,653
Jul 200311312,86829.415.17$69,862
Jun 2003455,78128.565.98$35,873
May 2003727,92126.595.97$49,224
Apr 2003717,70826.675.41$43,573
Mar 2003737,99831.146.10$51,029
Feb 2003706,65533.487.93$55,090
Jan 2003647,44330.315.58$43,487
Dec 2002545,52126.914.85$28,251
Nov 2002746,83024.664.14$30,080
Oct 2002637,13826.464.23$31,854
Sep 2002587,20827.443.64$27,794
Aug 2002426,96125.963.16$23,116
Jul 2002456,90024.583.06$22,232
Jun 2002577,57123.733.34$26,626
May 2002768,06124.663.58$30,765
Apr 2002717,97523.653.51$29,690
Mar 2002798,71022.003.10$28,763
Feb 2002718,29418.222.38$20,998
Jan 2002789,19417.172.38$23,181
Dec 2001779,84716.932.36$24,586
Nov 2001619,37718.072.41$23,659
Oct 20016810,24319.782.53$27,248
Sep 20018011,15024.262.25$27,043
Aug 2001488,20024.873.05$26,230
Jul 2001591723.933.20$3,051
Jun 20011024.563.82$25
May 20011086125.524.31$3,964
Apr 20018512,79124.685.34$70,342
Mar 20018111,03924.545.38$61,338
Feb 20017211,00027.755.77$65,436
Jan 20016711,09927.478.40$95,058
Dec 2000112526.889.12$1,167
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20001031.875.19$32
Aug 2000232,80929.644.54$13,437
Jul 20007814,05528.534.09$59,707
Jun 20009214,47929.304.40$66,363
May 20009514,94927.263.68$57,598
Apr 200012515,31024.513.12$50,770
Mar 200010416,06328.422.86$48,892
Feb 200011016,06527.622.73$46,839
Jan 200014418,94225.272.48$50,625
Dec 199914219,52124.282.42$50,761
Nov 199914919,82623.192.43$51,712
Oct 199922622,16720.982.80$66,891
Sep 199925123,25321.752.62$66,355
Aug 199925728,90419.262.88$88,066
Jul 199914714,06217.892.37$35,990
Jun 199918817,85315.942.36$45,167
May 199920220,27515.792.32$50,248
Apr 199923820,90415.102.21$49,751
Mar 199926221,97612.471.84$43,666
Feb 199928421,4759.981.82$41,871
Jan 199938426,40610.381.90$54,156
Dec 199841529,5349.201.77$56,191
Nov 199840030,23710.892.19$70,446
Oct 199852433,66512.421.97$72,802
Sep 199861041,12312.592.08$93,323
Aug 199867852,18511.301.91$107,196
Jul 1998048,95511.742.24$109,526

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.

Nov 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 86.95 =         $0
Gas                   36 Mcf  × $  3.62 =       $131

────────────────────────────────────────────────────
Month total                                     $131

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/170501 is the state's own key, not one this site invented.