LEE GAS UNIT -A-

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 171170District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.5 M
Sep 1998 – May 2026
Value, last 12 filed months
$172 k
at the published price for each month
Months reported
333
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 Gas111999-02-04139981
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
CondensateDisposition25,982 bbl$1,127,483
GasProduction1,832,467 Mcf$7,374,899
Total$8,502,383

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 32.6264, -94.3831. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.62643, -94.38306 · 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
10,053 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 10,053 ft.

Completions filed
Sep 1998
1 of 1 wells

1 well

42-20332516610,053 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 (333)

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

333 months

May 20261211,708106.413.05$18,078
Apr 20261251,60298.932.87$16,964
Mar 20261081,74089.753.15$15,173
Feb 2026931,39763.503.75$11,145
Jan 20261181,58959.138.00$19,686
Dec 20251301,67656.664.41$14,763
Nov 20251301,66458.593.93$14,150
Oct 20251201,64459.383.30$12,559
Sep 20251111,60962.743.08$11,915
Aug 20251131,63163.933.01$12,141
Jul 20251051,61666.743.32$12,365
Jun 20251111,67866.483.13$12,629
May 20251191,65960.553.23$12,568
Apr 20251201,54762.363.54$12,964
Mar 20251381,74967.704.27$16,808
Feb 20251091,55870.884.34$14,489
Jan 20251301,57674.324.28$16,405
Dec 20241211,47768.993.12$12,958
Nov 20241141,90369.052.20$12,055
Oct 20241271,68871.372.28$12,915
Sep 20241381,82669.612.36$13,924
Aug 20241001,75475.632.06$11,183
Jul 20241251,72279.932.15$13,688
Jun 20241241,84578.082.63$14,542
May 20241381,86078.812.20$14,965
Apr 20241301,72984.451.66$13,847
Mar 20241551,97980.301.55$15,504
Feb 20241591,89876.091.78$15,484
Jan 20241611,99673.023.30$18,338
Dec 20231672,09571.262.61$17,370
Nov 20231442,16577.892.81$17,295
Oct 20231421,92785.443.09$18,082
Sep 20231401,98989.042.74$17,906
Aug 20231432,24880.522.67$17,523
Jul 20231261,89474.852.64$14,435
Jun 2023901,49868.962.26$9,590
May 20231241,59770.622.23$12,314
Apr 20231061,31578.122.24$11,223
Mar 20231061,26572.852.39$10,749
Feb 20236897175.112.47$7,502
Jan 20237681376.533.39$8,571
Dec 20221151,40576.415.73$16,837
Nov 20221211,65985.005.65$19,652
Oct 20221281,71087.185.86$21,186
Sep 2022941,66684.888.16$21,579
Aug 20221161,70294.529.13$26,499
Jul 20221061,670101.587.54$23,363
Jun 2022991,612115.097.98$24,253
May 2022591,652109.378.43$20,384
Apr 2022261,915104.226.84$15,804
Mar 2022281,984108.885.08$13,120
Feb 2022281,84291.054.86$11,499
Jan 2022332,09781.844.54$12,216
Dec 2021302,15171.323.90$10,527
Nov 2021272,01077.435.24$12,617
Oct 2021201,54379.795.71$10,412
Sep 2021201,62169.865.35$10,071
Aug 2021231,88866.024.22$9,487
Jul 2021241,97170.783.98$9,547
Jun 2021231,75569.493.38$7,531
May 2021261,98163.483.02$7,628
Apr 2021322,27460.362.76$8,204
Mar 20211292961.302.72$3,260
Feb 20211281657.805.55$5,221
Jan 2021191,28050.412.81$4,555
Dec 2020161,17244.642.68$3,850
Nov 20201483038.772.71$2,789
Oct 2020281,82336.972.48$5,553
Sep 2020282,47537.091.99$5,966
Aug 2020292,64039.982.39$7,456
Jul 2020342,90438.371.83$6,605
Jun 2020413,61934.901.69$7,548
May 2020352,82416.921.81$5,717
Apr 2020241,63414.751.80$3,302
Mar 2020191,36430.341.86$3,108
Feb 20201491149.881.98$2,503
Jan 2020211,42857.252.09$4,194
Dec 2019372,94959.012.30$8,979
Nov 2019642355.302.75$1,495
Oct 2019121,02353.472.42$3,116
Sep 2019121,11855.052.66$3,631
Aug 2019171,47053.112.30$4,290
Jul 2019171,66956.272.46$5,062
Jun 2019161,47552.782.49$4,519
May 2019161,37058.482.74$4,690
Apr 2019161,47562.632.75$5,059
Mar 2019252,03656.803.06$7,654
Feb 2019171,33450.852.79$4,589
Jan 2019251,71846.033.23$6,697
Dec 2018251,82146.594.19$8,786
Nov 2018231,84952.934.24$9,052
Oct 2018222,07661.443.40$8,406
Sep 2018211,88459.543.11$7,106
Aug 2018222,14559.403.07$7,885
Jul 2018171,69165.142.93$6,065
Jun 2018171,40460.183.08$5,343
May 2018161,48465.382.90$5,351
Apr 2018251,90263.842.90$7,113
Mar 2018281,90461.222.79$7,020
Feb 2018191,50161.782.77$5,326
Jan 2018181,39262.874.01$6,713
Dec 2017221,63957.272.92$6,048
Nov 2017261,83455.423.12$7,160
Oct 2017241,70649.292.98$6,273
Sep 2017202,04047.523.09$7,248
Aug 2017201,60845.373.00$5,738
Jul 2017221,65443.873.09$6,072
Jun 2017232,59342.493.09$8,983
May 2017242,17245.373.26$8,177
Apr 2017312,15347.933.21$8,400
Mar 2017332,54246.772.98$9,128
Feb 2017332,61550.452.95$9,386
Jan 2017351,68349.413.42$7,483
Dec 2016371,76448.763.72$8,371
Nov 2016372,42342.492.64$7,979
Oct 2016322,32846.193.09$8,672
Sep 2016222,40741.553.10$8,377
Aug 2016232,83541.442.92$9,244
Jul 2016232,27141.622.92$7,598
Jun 2016221,81245.352.69$5,864
May 2016242,78542.521.99$6,566
Apr 2016252,77136.561.99$6,431
Mar 2016282,63933.011.79$5,659
Feb 2016302,48526.472.06$5,922
Jan 2016332,81527.352.36$7,558
Dec 2015313,67432.362.00$8,356
Nov 2015242,65238.792.17$6,679
Oct 2015193,77743.552.43$9,993
Sep 201503,50342.992.76$9,663
Aug 201504,20940.162.87$12,090
Jul 201505,86848.152.95$17,282
Jun 201501,13456.152.88$3,269
May 2015088655.212.96$2,619
Apr 201502,73549.822.71$7,402
Mar 201502,98942.892.93$8,772
Feb 201502,98444.662.98$8,881
Jan 201501,21443.433.10$3,764
Dec 201402,01254.693.59$7,226
Nov 201402,28570.464.25$9,715
Oct 2014132,96578.303.90$12,584
Sep 2014141,76086.164.05$8,326
Aug 2014151,22989.394.04$6,300
Jul 2014141,30096.564.18$6,785
Jun 2014151,11498.164.74$6,749
May 2014171,26994.734.73$7,608
Apr 2014171,81395.944.81$10,350
Mar 2014191,63995.895.06$10,110
Feb 2014181,75197.406.19$12,595
Jan 2014212,34790.404.86$13,307
Dec 2013142,72891.824.35$13,165
Nov 2013142,18988.853.74$9,427
Oct 2013304,37797.423.78$19,465
Sep 2013252,586104.113.72$12,217
Aug 2013321,757104.253.52$9,525
Jul 2013332,500102.523.72$12,678
Jun 2013288694.403.93$2,981
May 2013352,00594.834.15$11,638
Apr 2013351,86893.964.28$11,288
Mar 2013402,36293.623.91$12,987
Feb 2013422,68291.233.42$13,004
Jan 2013433,18091.603.42$14,814
Dec 2012372,58886.773.42$12,062
Nov 2012133,51286.953.62$13,861
Oct 2012102,94689.383.40$10,909
Sep 201271,94494.672.92$6,336
Aug 2012132,93892.662.91$9,749
Jul 2012102,47085.133.02$8,313
Jun 201282,07479.822.52$5,863
May 2012143,11791.612.49$9,039
Apr 2012122,905101.652.00$7,021
Mar 2012132,887105.052.22$7,781
Feb 2012163,122101.102.57$9,642
Jan 2012223,83098.092.73$12,630
Dec 2011273,20196.873.24$12,986
Nov 2011253,88895.723.31$15,267
Oct 2011443,85384.983.65$17,797
Sep 2011252,21683.623.99$10,923
Aug 2011363,15883.404.15$16,106
Jul 2011313,05294.144.52$16,705
Jun 2011323,05692.904.64$17,152
May 2011443,73898.134.40$20,783
Apr 2011473,815105.964.33$21,512
Mar 2011211,47096.364.06$7,988
Feb 2011382,88885.644.18$15,326
Jan 2011433,17986.504.59$18,307
Dec 2010413,51985.734.35$18,815
Nov 2010513,35980.843.80$16,871
Oct 2010503,31278.103.51$15,526
Sep 2010473,47472.633.98$17,238
Aug 2010354,03573.684.42$20,411
Jul 2010385,48372.554.74$28,727
Jun 2010655,00970.364.91$29,170
May 2010554,18171.124.24$21,619
Apr 2010471,89381.694.12$11,644
Mar 2010663,79278.394.39$21,816
Feb 2010614,19273.585.44$27,303
Jan 2010361,96474.365.96$14,390
Dec 2009351,97371.445.48$13,320
Nov 2009504,05774.593.75$18,949
Oct 200904,13372.544.11$16,988
Sep 200903,48865.543.06$10,690
Aug 200902,91467.423.22$9,379
Jul 200903,77161.133.46$13,065
Jun 200903,69666.163.90$14,396
May 200903,83654.743.93$15,059
Apr 200903,81846.773.59$13,697
Mar 200904,06142.144.06$16,484
Feb 200903,27432.814.63$15,168
Jan 200904,49835.865.37$24,159
Dec 200804,27937.105.98$25,576
Nov 200824,43355.496.86$30,523
Oct 2008263,89475.246.92$28,910
Sep 2008223,140101.767.88$26,973
Aug 2008254,126114.228.48$37,856
Jul 2008264,136131.0811.39$50,515
Jun 2008264,529131.3313.03$62,439
May 2008254,389123.1711.57$53,879
Apr 2008223,318110.3110.45$37,116
Mar 2008304,543101.909.66$46,961
Feb 2008364,14192.538.77$39,650
Jan 2008424,93990.388.21$44,324
Dec 2007374,66988.337.30$37,361
Nov 2007283,53691.677.29$28,350
Oct 2007425,11882.856.92$38,906
Sep 2007344,50075.846.24$30,677
Aug 2007344,37569.066.39$30,295
Jul 2007313,94870.906.39$27,417
Jun 2007384,55262.007.55$36,717
May 2007395,02958.747.85$41,750
Apr 2007323,82159.617.81$31,731
Mar 2007374,48556.927.30$34,855
Feb 2007404,16455.108.22$36,415
Jan 2007374,64650.306.73$33,114
Dec 2006344,48356.656.92$32,941
Nov 2006304,07154.207.62$32,637
Oct 2006314,98754.906.01$31,693
Sep 2006324,90460.085.04$26,625
Aug 2006345,22068.717.34$40,651
Jul 2006355,86169.376.34$39,603
Jun 2006315,07666.286.38$34,459
May 2006385,22866.016.42$36,098
Apr 2006424,94464.397.36$39,095
Mar 2006495,16256.707.08$39,340
Feb 2006334,66657.597.75$38,067
Jan 2006424,86160.598.93$45,970
Dec 2005516,61454.9413.42$91,531
Nov 2005463,68854.6910.59$41,566
Oct 2005747,13258.3413.80$102,709
Sep 2005829,13761.4512.08$115,405
Aug 2005743461.519.80$4,682
Jul 2005292,40155.697.84$20,448
Jun 2005656,12652.337.38$48,618
May 2005715,88545.226.65$42,353
Apr 2005675,60449.207.36$44,545
Mar 2005786,17750.377.15$48,125
Feb 2005775,98645.226.31$41,265
Jan 2005745,55943.166.32$38,339
Dec 2004685,54539.866.75$40,145
Nov 2004585,59345.286.33$38,032
Oct 2004605,74149.706.52$40,385
Sep 2004565,59043.245.28$31,958
Aug 2004616,28642.375.55$37,476
Jul 2004626,21438.286.08$40,180
Jun 2004595,26936.106.43$36,025
May 2004726,00837.486.49$41,718
Apr 2004666,19534.475.86$38,568
Mar 2004736,37034.365.53$37,735
Feb 2004746,69132.455.51$39,266
Jan 2004767,59232.036.30$50,261
Dec 2003897,54530.266.30$50,239
Nov 2003857,22228.804.60$35,634
Oct 2003837,36728.174.76$37,402
Sep 2003947,67826.314.75$38,939
Aug 20031078,46029.765.13$46,582
Jul 2003998,29229.415.17$45,788
Jun 2003777,60628.565.98$47,706
May 2003846,99826.595.97$44,030
Apr 2003816,53026.675.41$37,470
Mar 2003846,87131.146.10$44,502
Feb 2003946,70533.487.93$56,290
Jan 2003927,78630.315.58$46,250
Dec 20021007,77126.914.85$40,410
Nov 20021228,49724.664.14$38,160
Oct 2002927,80226.464.23$35,430
Sep 20021027,97927.443.64$31,804
Aug 2002818,34425.963.16$28,505
Jul 2002807,70724.583.06$25,563
Jun 20021038,65523.733.34$31,337
May 20021339,06624.663.58$35,772
Apr 20021228,72023.653.51$33,513
Mar 20021339,46122.003.10$32,281
Feb 20021218,92118.222.38$23,398
Jan 200213610,17317.172.38$26,503
Dec 200113010,52816.932.36$27,093
Nov 200110810,53018.072.41$27,282
Oct 200112112,42119.782.53$33,805
Sep 2001707,12524.262.25$17,739
Aug 20018811,06724.873.05$35,978
Jul 20018211,04123.933.20$37,261
Jun 20017810,94424.563.82$43,767
May 20019712,43925.524.31$56,054
Apr 200111714,24824.685.34$78,905
Mar 2001798,38724.545.38$47,031
Feb 20019210,92727.755.77$65,570
Jan 200110512,78127.478.40$110,229
Dec 200010412,05726.889.12$112,786
Nov 200012413,60932.215.66$80,994
Oct 200013814,27031.235.15$77,736
Sep 200014014,71131.875.19$80,760
Aug 200018016,73729.644.54$81,334
Jul 200017118,21328.534.09$79,365
Jun 200020318,72829.304.40$88,300
May 200022020,31427.263.68$80,748
Apr 200029321,73824.513.12$74,917
Mar 200021419,27428.422.86$61,201
Feb 200025721,99427.622.73$67,065
Jan 200033726,01125.272.48$73,036
Dec 199935028,00024.282.42$76,362
Nov 199956926,94223.192.43$78,772
Oct 199936723,12120.982.80$72,524
Sep 199930017,06721.752.62$51,221
Aug 199931921,90219.262.88$69,125
Jul 199929717,49117.892.37$46,808
Jun 199936020,91515.942.36$55,142
May 199941925,89515.792.32$66,719
Apr 199947725,89215.102.21$64,374
Mar 199950123,82112.471.84$50,038
Feb 199954227,9919.981.82$56,291
Jan 199960037,27610.381.90$77,051
Dec 199858646,0179.201.77$86,994
Nov 199853655,76210.892.19$127,717
Oct 199858463,44812.421.97$132,196
Sep 19981,04557,11812.592.08$132,112

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           121 bbl  × $106.41 =    $12,876
Gas                1,708 Mcf  × $  3.05 =     $5,202

────────────────────────────────────────────────────
Month total                                  $18,078

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/171170 is the state's own key, not one this site invented.