DAVIS, FRANK ESTATE DEEP GU

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 222423District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
Sep 2006 – May 2026
Value, last 12 filed months
$84 k
at the published price for each month
Months reported
237
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 Gas112006-12-15171991
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
CondensateDisposition11,874 bbl$821,926
GasProduction913,181 Mcf$4,612,604
Total$5,434,531

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 32.6413, -94.3698. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.64129, -94.36977 · 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
10,075 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 10,075 ft.

Completions filed
Sep 2006
1 of 1 wells

1 well

42-20333529610,075 ftSep 2006

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 (237)

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

237 months

May 2026181,380106.413.05$6,119
Apr 2026191,21298.932.87$5,358
Mar 2026191,59589.753.15$6,729
Feb 2026171,33263.503.75$6,075
Jan 2026221,51459.138.00$13,410
Dec 2025231,55856.664.41$8,179
Nov 2025221,52658.593.93$7,281
Oct 2025211,54559.383.30$6,353
Sep 2025201,48662.743.08$5,827
Aug 2025201,58863.933.01$6,066
Jul 2025191,59466.743.32$6,552
Jun 2025201,56666.483.13$6,229
May 2025221,60160.553.23$6,507
Apr 2025221,58862.363.54$6,998
Mar 2025241,57167.704.27$8,330
Feb 2025191,43270.884.34$7,563
Jan 2025241,52974.324.28$8,326
Dec 2024241,57568.993.12$6,572
Nov 2024201,70869.052.20$5,136
Oct 2024231,64671.372.28$5,397
Sep 2024231,60669.612.36$5,398
Aug 2024181,64475.632.06$4,754
Jul 2024231,70079.932.15$5,488
Jun 2024201,59178.082.63$5,752
May 2024251,74778.812.20$5,811
Apr 2024221,57884.451.66$4,476
Mar 2024251,65580.301.55$4,565
Feb 2024251,57076.091.78$4,703
Jan 2024241,62573.023.30$7,111
Dec 2023231,48771.262.61$5,521
Nov 2023211,61577.892.81$6,170
Oct 2023231,61785.443.09$6,957
Sep 2023221,60489.042.74$6,346
Aug 2023241,95180.522.67$7,147
Jul 2023292,30474.852.64$8,257
Jun 2023222,07668.962.26$6,206
May 2023241,54570.622.23$5,136
Apr 2023261,68278.122.24$5,795
Mar 2023281,67572.852.39$6,048
Feb 2023231,64475.112.47$5,781
Jan 2023352,22976.533.39$10,230
Dec 2022322,08676.415.73$14,396
Nov 2022282,05985.005.65$14,006
Oct 2022312,10187.185.86$15,022
Sep 2022242,26884.888.16$20,552
Aug 2022272,10494.529.13$21,756
Jul 2022262,144101.587.54$18,811
Jun 2022272,081115.097.98$19,708
May 2022292,188109.378.43$21,623
Apr 2022292,018104.226.84$16,821
Mar 2022322,166108.885.08$14,480
Feb 2022321,93791.054.86$12,325
Jan 2022342,05281.844.54$12,094
Dec 2021332,13571.323.90$10,678
Nov 2021302,05377.435.24$13,074
Oct 2021292,11679.795.71$14,404
Sep 2021282,15969.865.35$13,509
Aug 2021241,83066.024.22$9,308
Jul 2021272,00270.783.98$9,883
Jun 2021312,34569.493.38$10,082
May 2021292,01063.483.02$7,906
Apr 2021321,98560.362.76$7,407
Mar 2021281,89861.302.72$6,873
Feb 2021241,52657.805.55$9,853
Jan 2021261,48250.412.81$5,475
Dec 2020362,34744.642.68$7,886
Nov 2020372,32638.772.71$7,730
Oct 2020352,31436.972.48$7,029
Sep 2020302,49237.091.99$6,074
Aug 2020302,48639.982.39$7,129
Jul 2020312,49738.371.83$5,747
Jun 2020302,33834.901.69$4,999
May 2020372,66916.921.81$5,470
Apr 2020412,51414.751.80$5,141
Mar 2020392,67830.341.86$6,154
Feb 2020332,15249.881.98$5,908
Jan 2020241,63457.252.09$4,797
Dec 2019251,77559.012.30$5,565
Nov 2019372,95455.302.75$10,172
Oct 2019262,33053.472.42$7,025
Sep 2019353,25755.052.66$10,582
Aug 2019393,49053.112.30$10,114
Jul 2019312,77456.272.46$8,569
Jun 2019292,35752.782.49$7,402
May 2019362,80158.482.74$9,781
Apr 2019383,01262.632.75$10,665
Mar 2019372,17756.803.06$8,768
Feb 2019332,93750.852.79$9,879
Jan 2019393,66346.033.23$13,620
Dec 2018353,52946.594.19$16,401
Nov 2018303,20652.934.24$15,172
Oct 2018303,34761.443.40$13,217
Sep 2018272,53059.543.11$9,471
Aug 2018353,47459.403.07$12,732
Jul 2018404,01365.142.93$14,371
Jun 2018352,85060.183.08$10,876
May 2018312,49565.382.90$9,264
Apr 2018162,05663.842.90$6,985
Mar 2018222,26661.222.79$7,662
Feb 2018272,06461.782.77$7,377
Jan 2018492,18962.874.01$11,857
Dec 2017602,73857.272.92$11,435
Nov 2017562,77955.423.12$11,769
Oct 2017612,91849.292.98$11,713
Sep 2017332,58947.523.09$9,561
Aug 2017312,90745.373.00$10,140
Jul 2017332,59743.873.09$9,465
Jun 2017322,75042.493.09$9,850
May 2017362,48745.373.26$9,749
Apr 2017363,02847.933.21$11,450
Mar 2017393,09846.772.98$11,067
Feb 2017362,58550.452.95$9,449
Jan 2017382,91649.413.42$11,847
Dec 2016392,98848.763.72$13,025
Nov 2016363,33342.492.64$10,343
Oct 2016283,44746.193.09$11,945
Sep 2016193,40041.553.10$11,332
Aug 2016183,65841.442.92$11,443
Jul 2016183,42641.622.92$10,768
Jun 2016173,34745.352.69$9,760
May 2016163,75342.521.99$8,153
Apr 2016173,52336.561.99$7,636
Mar 2016193,78233.011.79$7,412
Feb 2016403,71626.472.06$8,727
Jan 2016504,10627.352.36$11,076
Dec 2015504,16532.362.00$9,954
Nov 2015422,69538.792.17$7,470
Oct 201503,58043.552.43$8,687
Sep 201513,32942.992.76$9,226
Aug 201513,00940.162.87$8,683
Jul 201513,42548.152.95$10,135
Jun 201512,79456.152.88$8,111
May 201512,75955.212.96$8,209
Apr 201501,18649.822.71$3,210
Mar 201511,59442.892.93$4,721
Feb 201511,69344.662.98$5,083
Jan 201511,42343.433.10$4,456
Dec 201442,05754.693.59$7,606
Nov 20149653570.464.25$9,039
Oct 2014842,98978.303.90$18,237
Sep 2014851,66886.164.05$14,071
Aug 2014902,91989.394.04$19,824
Jul 2014873,09896.564.18$21,349
Jun 2014943,76998.164.74$27,080
May 20141044,94294.734.73$33,211
Apr 20141023,30395.944.81$25,670
Mar 20141134,68495.895.06$34,522
Feb 20141095,22997.406.19$42,995
Jan 20141283,86790.404.86$30,368
Dec 2013883,75491.824.35$24,427
Nov 2013832,97788.853.74$18,503
Oct 2013344,52297.423.78$20,403
Sep 2013293,631104.113.72$16,518
Aug 2013373,583104.253.52$16,479
Jul 2013384,834102.523.72$21,867
Jun 2013324,26994.403.93$19,813
May 2013403,89294.834.15$19,941
Apr 2013403,37993.964.28$18,229
Mar 2013464,38793.623.91$21,472
Feb 2013494,51591.233.42$19,911
Jan 2013493,65091.603.42$16,971
Dec 2012415,46486.773.42$22,245
Nov 201204,50486.953.62$16,327
Oct 201204,53889.383.40$15,428
Sep 201204,97494.672.92$14,516
Aug 201205,51092.662.91$16,024
Jul 201206,69685.133.02$20,227
Jun 201207,10379.822.52$17,893
May 201205,72691.612.49$14,248
Apr 201202,232101.652.00$4,457
Mar 20120100105.052.22$222
Feb 201200101.102.57$0
Jan 2012022798.092.73$621
Dec 2011024796.873.24$800
Nov 2011037895.723.31$1,252
Oct 2011024584.983.65$894
Sep 2011038983.623.99$1,550
Aug 2011030583.404.15$1,266
Jul 2011016894.144.52$759
Jun 201109292.904.64$427
May 2011046298.134.40$2,035
Apr 201101,166105.964.33$5,053
Mar 20110096.364.06$0
Feb 2011028785.644.18$1,200
Jan 2011090086.504.59$4,130
Dec 201001,25685.734.35$5,461
Nov 2010324780.843.80$1,180
Oct 2010636278.103.51$1,739
Sep 2010322272.633.98$1,101
Aug 2010229073.684.42$1,429
Jul 2010544372.554.74$2,461
Jun 2010423,37270.364.91$19,513
May 2010604,68571.124.24$24,109
Apr 2010954,22481.694.12$25,175
Mar 2010734,59678.394.39$25,893
Feb 2010684,92473.585.44$31,802
Jan 2010522,94174.365.96$21,407
Dec 2009734,55471.445.48$30,188
Nov 20091085,04574.593.75$26,982
Oct 20091255,45172.544.11$31,472
Sep 20091256,38665.543.06$27,764
Aug 20091515,78267.423.22$28,790
Jul 20091775,54961.133.46$30,045
Jun 20091975,71466.163.90$35,290
May 20092066,22954.743.93$35,730
Apr 20091866,09046.773.59$30,547
Mar 20092136,56042.144.06$35,603
Feb 20091745,82632.814.63$32,701
Jan 20091727,08235.865.37$44,205
Dec 20081686,68037.105.98$46,160
Nov 20081397,24255.496.86$57,396
Oct 20081067,41975.246.92$59,330
Sep 2008885,910101.767.88$55,508
Aug 20081057,898114.228.48$78,992
Jul 20081128,452131.0811.39$110,944
Jun 20081017,992131.3313.03$117,421
May 20081038,132123.1711.57$106,809
Apr 20081047,093110.3110.45$85,629
Mar 20081298,922101.909.66$99,368
Feb 20081598,29492.538.77$87,455
Jan 20081819,56590.388.21$94,847
Dec 20071589,19788.337.30$81,112
Nov 20071349,48491.677.29$81,438
Oct 200712110,97082.856.92$85,959
Sep 200711110,99375.846.24$77,060
Aug 200712011,64269.066.39$82,656
Jul 200712212,06070.906.39$85,688
Jun 200713812,49362.007.55$102,859
May 200714213,37758.747.85$113,301
Apr 200715213,76759.617.81$116,515
Mar 200716815,36556.927.30$121,757
Feb 200719215,32955.108.22$136,522
Jan 200720418,65150.306.73$135,724
Dec 200628421,47356.656.92$164,648
Nov 200628522,19454.207.62$184,509
Oct 200632231,23954.906.01$205,543
Sep 2006036,40060.085.04$183,354

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            18 bbl  × $106.41 =     $1,915
Gas                1,380 Mcf  × $  3.05 =     $4,203

────────────────────────────────────────────────────
Month total                                   $6,119

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/222423 is the state's own key, not one this site invented.