NESBITT, STROUD B. GAS UNIT

Operated by MERIT ENERGY COMPANY (P-5 561136) in the HALLSVILLE, NE. (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 195766District 06Field 38291500CondensateGasSaveExport
Value, all time
$3.8 M
May 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
277
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 17 leases and 39 wells, and the rule below applies to all of them.

Discovered
1956-12-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,650 ft
minimum
From a lease line
560 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: MULTI 49B MAX. 640 AC. 10% TOL. DOCKET 6-76310

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
CondensateDisposition9,575 bbl$558,985
GasProduction520,777 Mcf$3,261,664
Total$3,820,650

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 32.5754, -94.4379. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.57545, -94.43794 · 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
10,250 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 10,250 ft.

Completions filed
May 2003
1 of 1 wells

1 well

42-20332782210,250 ftMay 2003

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 (277)

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

277 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 201802859.543.11$87
Aug 2018120659.403.07$691
Jul 2018118765.142.93$613
Jun 2018129360.183.08$962
May 2018480065.382.90$2,582
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 201704857.272.92$140
Nov 2017228455.423.12$996
Oct 20170049.292.98$0
Sep 20171047.523.09$48
Aug 20173624245.373.00$2,360
Jul 20173780443.873.09$4,105
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20175047.933.21$240
Mar 2017687046.772.98$3,389
Feb 20176718650.452.95$3,929
Jan 20177213449.413.42$4,016
Dec 201675748.763.72$3,683
Nov 20167520642.492.64$3,731
Oct 20166520246.193.09$3,627
Sep 20165617941.553.10$2,882
Aug 20165822541.442.92$3,062
Jul 20165915741.622.92$2,915
Jun 20165620345.352.69$3,085
May 20165917942.521.99$2,865
Apr 20166320836.561.99$2,717
Mar 20167119533.011.79$2,694
Feb 2016711,05026.472.06$4,046
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150338.792.17$7
Oct 2015015143.552.43$366
Sep 2015017942.992.76$494
Aug 2015016940.162.87$485
Jul 2015018748.152.95$551
Jun 2015020156.152.88$579
May 2015016855.212.96$497
Apr 2015036849.822.71$996
Mar 2015014342.892.93$420
Feb 201508044.662.98$238
Jan 2015022143.433.10$685
Dec 2014026254.693.59$941
Nov 20140170.464.25$4
Oct 20140278.303.90$8
Sep 201404186.164.05$166
Aug 2014017289.394.04$694
Jul 20142096.564.18$193
Jun 20145411598.164.74$5,845
May 20145939394.734.73$7,447
Apr 2014511,04295.944.81$9,904
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 201361,98691.824.35$9,199
Nov 2013491,47788.853.74$9,875
Oct 20136968597.423.78$9,311
Sep 20135964104.113.72$6,380
Aug 201375352104.253.52$9,059
Jul 20137825102.523.72$8,090
Jun 201366194.403.93$6,234
May 201380294.834.15$7,595
Apr 2013818893.964.28$7,988
Mar 2013945193.623.91$9,000
Feb 20139913391.233.42$9,487
Jan 20139871991.603.42$11,436
Dec 20121026586.773.42$1,774
Nov 2012732686.953.62$1,790
Oct 2012575689.383.40$3,017
Sep 2012625594.672.92$1,312
Aug 2012221,00392.662.91$4,955
Jul 2012630585.133.02$1,432
Jun 2012632579.822.52$1,298
May 2012942991.612.49$1,892
Apr 201213542101.652.00$2,404
Mar 201220924105.052.22$4,154
Feb 201220685101.102.57$3,783
Jan 2012481,67498.092.73$9,285
Dec 20112495396.873.24$5,412
Nov 20111576995.723.31$3,982
Oct 2011291,78284.983.65$8,966
Sep 2011332,27883.623.99$11,839
Aug 2011161,01883.404.15$5,558
Jul 2011171,17494.144.52$6,904
Jun 20111067792.904.64$4,070
May 2011221,37098.134.40$8,193
Apr 2011121,337105.964.33$7,065
Mar 2011141,72696.364.06$8,352
Feb 2011663585.644.18$3,168
Jan 20112767086.504.59$5,410
Dec 2010471,39685.734.35$10,099
Nov 2010451,38980.843.80$8,910
Oct 20103092478.103.51$5,585
Sep 2010281,23472.633.98$6,944
Aug 2010392,69973.684.42$14,801
Jul 2010423,86572.554.74$21,354
Jun 2010542,49870.364.91$16,066
May 2010652,96971.124.24$17,197
Apr 2010721,83581.694.12$13,447
Mar 2010642,36978.394.39$15,414
Feb 2010382,63973.585.44$17,158
Jan 20101685274.365.96$6,271
Dec 2009231,36471.445.48$9,123
Nov 2009231,94774.593.75$9,020
Oct 200902,43372.544.11$10,000
Sep 200903,12165.543.06$9,565
Aug 200902,21667.423.22$7,132
Jul 200902,28161.133.46$7,903
Jun 200901,98266.163.90$7,720
May 200902,08054.743.93$8,166
Apr 200903,46146.773.59$12,416
Mar 200902,18942.144.06$8,885
Feb 200902,70432.814.63$12,528
Jan 200902,29635.865.37$12,332
Dec 200802,53737.105.98$15,164
Nov 200853,09555.496.86$21,510
Oct 2008622,91475.246.92$24,836
Sep 2008592,628101.767.88$26,705
Aug 2008935,072114.228.48$53,648
Jul 2008572,936131.0811.39$40,911
Jun 2008593,195131.3313.03$49,388
May 2008653,523123.1711.57$48,782
Apr 2008693,230110.3110.45$41,381
Mar 2008793,997101.909.66$46,677
Feb 2008173,65592.538.77$33,629
Jan 2008153,28090.388.21$28,270
Dec 2007153,55888.337.30$27,305
Nov 2007284,18791.677.29$33,097
Oct 20072264,34982.856.92$48,828
Sep 20071583,20575.846.24$31,995
Aug 20071843,84369.066.39$37,256
Jul 20071312,93370.906.39$28,024
Jun 2007502,85062.007.55$24,613
May 2007513,07158.747.85$27,092
Apr 2007472,74759.617.81$24,243
Mar 2007452,67756.927.30$22,109
Feb 2007382,17055.108.22$19,923
Jan 2007402,81050.306.73$20,914
Dec 2006192,99156.656.92$21,769
Nov 2006213,79154.207.62$30,016
Oct 2006193,76454.906.01$23,679
Sep 2006152,90360.085.04$15,524
Aug 2006213,98868.717.34$30,715
Jul 2006224,44069.376.34$29,688
Jun 2006364,33066.286.38$30,028
May 2006364,78666.016.42$33,126
Apr 20061584,34664.397.36$42,162
Mar 20061884,62156.707.08$43,390
Feb 20061233,95357.597.75$37,724
Jan 20061634,63660.598.93$51,291
Dec 20051584,99654.9413.42$75,704
Nov 2005964,30154.6910.59$50,791
Oct 20051166,11558.3413.80$91,129
Sep 2005945,14261.4512.08$67,887
Aug 2005984,55661.519.80$50,662
Jul 20051185,91555.697.84$52,967
Jun 20051165,85152.337.38$49,257
May 20051245,85745.226.65$44,563
Apr 2005425,29649.207.36$41,048
Mar 2005485,70050.377.15$43,201
Feb 2005455,20145.226.31$34,863
Jan 2005546,13743.166.32$41,130
Dec 2004516,35739.866.75$44,949
Nov 2004387,11445.286.33$46,755
Oct 2004437,37549.706.52$50,186
Sep 2004407,48243.245.28$41,264
Aug 2004397,19842.375.55$41,606
Jul 2004488,52638.286.08$53,711
Jun 2004628,03536.106.43$53,928
May 2004769,19337.486.49$62,553
Apr 2004719,53434.475.86$58,302
Mar 20048310,71234.365.53$62,091
Feb 2004709,25332.455.51$53,252
Jan 20047510,71132.036.30$69,878
Dec 200311011,93030.266.30$78,507
Nov 200311712,96028.804.60$62,923
Oct 200313215,12728.174.76$75,718
Sep 200316016,87826.314.75$84,369
Aug 200319720,00829.765.13$108,498
Jul 200325223,41429.415.17$128,481
Jun 200356632,54528.565.98$210,880
May 20038164,15226.595.97$46,496

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.

Sep 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.54 =         $0
Gas                   28 Mcf  × $  3.11 =        $87

────────────────────────────────────────────────────
Month total                                      $87

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/195766 is the state's own key, not one this site invented.