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 170502District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.4 M
Aug 1998 – Apr 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 Gas111998-12-03139786
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
CondensateDisposition33,464 bbl$911,190
GasProduction2,152,160 Mcf$8,471,255
Total$9,382,445

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 32.6281, -94.3699. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.62811, -94.36990 · 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
9,981 ft
1 wells filed one
Completion to plug
25.7 years
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 9,981 ft.

Completions filed
Aug 1998
1 of 1 wells
Plug dates filed
Apr 2024
1 of 1 wells

Last completion to plug: a median of 25.7 years across the 1 well that filed both dates, with the middle half between 25.7 years and 25.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2033251899,981 ftAug 1998Apr 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

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 20141090.404.86$90
Dec 2013424691.824.35$4,057
Nov 2013414588.853.74$3,811
Oct 2013445097.423.78$4,475
Sep 20133740104.113.72$4,001
Aug 20134852104.253.52$5,187
Jul 20135056102.523.72$5,334
Jun 2013424694.403.93$4,146
May 2013515694.834.15$5,069
Apr 2013525693.964.28$5,126
Mar 2013606693.623.91$5,875
Feb 2013636991.233.42$5,983
Jan 2013647091.603.42$6,102
Dec 2012566286.773.42$5,071
Nov 2012384386.953.62$3,460
Oct 2012302,40089.383.40$10,841
Sep 2012332,92794.672.92$11,666
Aug 2012383,02792.662.91$12,324
Jul 2012373,25785.133.02$12,989
Jun 2012333,00979.822.52$10,214
May 2012473,74891.612.49$13,632
Apr 2012524,206101.652.00$13,684
Mar 2012594,797105.052.22$16,857
Feb 2012472,976101.102.57$12,401
Jan 2012392,32698.092.73$10,185
Dec 2011562,34696.873.24$13,025
Nov 2011482,48095.723.31$12,807
Oct 20111004,21084.983.65$23,858
Sep 2011702,97983.623.99$17,727
Aug 2011913,92783.404.15$23,884
Jul 2011783,71394.144.52$24,115
Jun 2011552,46292.904.64$16,533
May 2011913,83098.134.40$25,800
Apr 2011803,047105.964.33$21,680
Mar 2011933,49496.364.06$23,138
Feb 2011572,02085.644.18$13,325
Jan 2011953,42786.504.59$23,943
Dec 2010763,27085.734.35$20,733
Nov 2010353,37280.843.80$15,627
Oct 2010343,30778.103.51$14,259
Sep 2010313,43972.633.98$15,937
Aug 2010264,65773.684.42$22,497
Jul 2010214,75672.554.74$24,050
Jun 2010303,44270.364.91$19,012
May 2010313,37171.124.24$16,482
Apr 2010332,07581.694.12$11,250
Mar 2010373,28278.394.39$17,304
Feb 2010333,34073.585.44$20,606
Jan 2010221,64974.365.96$11,471
Dec 2009484,31471.445.48$27,086
Nov 2009283,23674.593.75$14,228
Oct 2009202,16972.544.11$10,366
Sep 2009324,47865.543.06$15,821
Aug 2009373,94467.423.22$15,188
Jul 2009373,26761.133.46$13,580
Jun 2009322,42766.163.90$11,570
May 2009524,34354.743.93$19,896
Apr 2009504,55346.773.59$18,672
Mar 2009584,94442.144.06$22,512
Feb 2009464,31832.814.63$21,515
Jan 2009475,22735.865.37$29,760
Dec 2008495,44437.105.98$34,357
Nov 2008324,49555.496.86$32,613
Oct 2008323,85775.246.92$29,106
Sep 2008342,874101.767.88$26,099
Aug 2008413,828114.228.48$37,156
Jul 2008403,640131.0811.39$46,701
Jun 2008393,754131.3313.03$54,046
May 2008454,330123.1711.57$55,659
Apr 2008494,183110.3110.45$49,138
Mar 2008514,319101.909.66$46,936
Feb 2008664,21392.538.77$43,057
Jan 2008734,76390.388.21$45,682
Dec 2007634,56088.337.30$38,862
Nov 2007494,44391.677.29$36,889
Oct 2007204,93782.856.92$35,831
Sep 2007184,78175.846.24$31,218
Aug 2007184,81669.066.39$32,007
Jul 2007184,67470.906.39$31,133
Jun 2007246,04762.007.55$47,133
May 2007266,43758.747.85$52,034
Apr 2007276,40759.617.81$51,617
Mar 2007307,60956.927.30$57,268
Feb 2007265,58955.108.22$47,352
Jan 2007245,68150.306.73$39,422
Dec 2006575,69256.656.92$42,609
Nov 2006535,64854.207.62$45,896
Oct 2006506,07954.906.01$39,303
Sep 2006546,15860.085.04$34,263
Aug 2006647,33868.717.34$58,258
Jul 2006587,13969.376.34$49,304
Jun 2006535,80866.286.38$40,590
May 2006687,21066.016.42$50,813
Apr 2006766,69764.397.36$54,187
Mar 2006836,45956.707.08$50,455
Feb 2006596,10057.597.75$50,680
Jan 2006706,52160.598.93$62,495
Dec 2005585,98554.9413.42$83,478
Nov 2005312,57854.6910.59$28,992
Oct 2005545,68158.3413.80$81,524
Sep 2005545,80061.4512.08$73,377
Aug 2005656,13061.519.80$64,053
Jul 2005676,58455.697.84$55,374
Jun 2005707,24252.337.38$57,117
May 2005474,03845.226.65$28,983
Apr 2005544,69949.207.36$37,244
Mar 2005695,72350.377.15$44,423
Feb 2005715,97545.226.31$40,924
Jan 2005836,56243.166.32$45,069
Dec 2004837,08739.866.75$51,153
Nov 2004846,17445.286.33$42,888
Oct 2004876,51949.706.52$46,796
Sep 2004846,60743.245.28$38,543
Aug 2004856,76042.375.55$41,124
Jul 2004886,95338.286.08$45,672
Jun 2004976,76336.106.43$47,008
May 20041207,86137.486.49$55,551
Apr 20041138,26534.475.86$52,315
Mar 20041299,00534.365.53$54,231
Feb 20041017,16732.455.51$42,765
Jan 2004987,85932.036.30$52,648
Dec 2003988,03830.266.30$53,618
Nov 2003778,16228.804.60$39,723
Oct 2003768,59028.174.76$43,026
Sep 2003848,62626.314.75$43,178
Aug 2003898,86029.765.13$48,098
Jul 2003889,05429.415.17$49,405
Jun 2003738,94028.565.98$55,573
May 2003909,30926.595.97$57,993
Apr 2003929,33426.675.41$52,925
Mar 2003979,88231.146.10$63,262
Feb 20031039,16833.487.93$76,113
Jan 20039610,26430.315.58$60,204
Dec 200210510,24026.914.85$52,528
Nov 200212110,50524.664.14$46,443
Oct 200210110,89626.464.23$48,753
Sep 20029410,84927.443.64$42,018
Aug 20027411,42625.963.16$38,075
Jul 20027410,70424.583.06$34,592
Jun 20029411,69223.733.34$41,261
May 200211711,69824.663.58$44,811
Apr 200210811,41523.653.51$42,647
Mar 200211812,30522.003.10$40,775
Feb 200210811,77318.222.38$29,937
Jan 200212413,61517.172.38$34,474
Dec 200112414,76416.932.36$37,007
Nov 200110615,18818.072.41$38,450
Oct 200112418,51019.782.53$49,262
Sep 20019310,55724.262.25$26,023
Aug 200112317,32324.873.05$55,949
Jul 200112018,35823.933.20$61,564
Jun 200110917,97224.563.82$71,405
May 200113619,59725.524.31$87,881
Apr 200118124,17024.685.34$133,422
Mar 200116119,76324.545.38$110,206
Feb 200114319,12427.755.77$114,258
Jan 200116522,43827.478.40$192,984
Dec 200016322,14626.889.12$206,408
Nov 200014423,02532.215.66$134,914
Oct 200020424,74931.235.15$133,717
Sep 200019523,90631.875.19$130,203
Aug 200023925,81829.644.54$124,317
Jul 200022227,33728.534.09$118,135
Jun 200025827,62729.304.40$129,042
May 200028030,07427.263.68$118,298
Apr 200035929,99824.513.12$102,273
Mar 200030131,93128.422.86$99,869
Feb 200031531,32227.622.73$94,100
Jan 200040336,04125.272.48$99,584
Dec 199940938,55024.282.42$103,365
Nov 199943837,88223.192.43$102,362
Oct 199981440,02820.982.80$129,305
Sep 199982739,18921.752.62$120,617
Aug 199970738,87419.262.88$125,403
Jul 199979237,94417.892.37$104,186
Jun 199985739,46415.942.36$106,878
May 199994445,99015.792.32$121,649
Apr 19991,15048,79315.102.21$125,102
Mar 19991,42552,52612.471.84$114,330
Feb 19991,68562,1829.981.82$129,850
Jan 19991,96765,13110.381.90$144,163
Dec 19982,00668,1979.201.77$139,390
Nov 19981,80467,60910.892.19$167,420
Oct 19981,83667,34812.421.97$155,425
Sep 19981,56661,36612.592.08$147,518
Aug 199882338,91211.301.91$83,519

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.

Jan 2014 — as filed, then multipliedworked
Condensate             1 bbl  × $ 90.40 =        $90
Gas                    0 Mcf  × $  4.86 =         $0

────────────────────────────────────────────────────
Month total                                      $90

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/170502 is the state's own key, not one this site invented.