ISAAC

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

Gas lease lease 224326District 06Field 085118002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.1 M
Jul 2005 – May 2026
Value, last 12 filed months
$75 k
at the published price for each month
Months reported
251
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 23 leases and 23 wells, and the rule below applies to all of them.

Discovered
1985-03-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/2007.

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 Gas112007-10-30177685
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
CondensateDisposition3,660 bbl$255,637
GasProduction1,943,477 Mcf$11,883,931
Total$12,139,569

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 31.4678, -94.7229. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46783, -94.72295 · 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
11,512 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 11,512 ft.

Completions filed
Jul 2005
1 of 1 wells

1 well

42-34732060111,512 ftJul 2005

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 (251)

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

251 months

May 202602,871106.413.05$8,745
Apr 2026067998.932.87$1,949
Mar 2026094689.753.15$2,979
Feb 202602,70363.503.75$10,137
Jan 202602,49059.138.00$19,915
Dec 20251964656.664.41$3,928
Nov 2025074758.593.93$2,933
Oct 20253890559.383.30$5,247
Sep 202501,87762.743.08$5,775
Aug 202502,83163.933.01$8,535
Jul 2025064966.743.32$2,152
Jun 2025075566.483.13$2,362
May 2025060160.553.23$1,943
Apr 2025076862.363.54$2,721
Mar 2025067967.704.27$2,898
Feb 2025069870.884.34$3,030
Jan 2025851,47974.324.28$12,645
Dec 2024075668.993.12$2,360
Nov 2024078769.052.20$1,730
Oct 2024089871.372.28$2,049
Sep 2024081669.612.36$1,929
Aug 2024079675.632.06$1,643
Jul 2024081279.932.15$1,743
Jun 2024084378.082.63$2,220
May 2024061378.812.20$1,348
Apr 2024058084.451.66$962
Mar 2024058580.301.55$904
Feb 2024061476.091.78$1,095
Jan 2024078173.023.30$2,575
Dec 2023079971.262.61$2,086
Nov 2023086477.892.81$2,426
Oct 2023078585.443.09$2,424
Sep 2023085389.042.74$2,333
Aug 202301,03480.522.67$2,764
Jul 202301,06474.852.64$2,811
Jun 2023095868.962.26$2,164
May 202301,11470.622.23$2,481
Apr 202301,12678.122.24$2,520
Mar 2023094672.852.39$2,264
Feb 202301,01975.112.47$2,513
Jan 202301,25376.533.39$4,245
Dec 202201,25776.415.73$7,201
Nov 202201,23785.005.65$6,984
Oct 202201,36087.185.86$7,975
Sep 202201,36584.888.16$11,143
Aug 2022111,44394.529.13$14,210
Jul 202201,567101.587.54$11,818
Jun 202201,618115.097.98$12,907
May 202201,816109.378.43$15,314
Apr 202201,723104.226.84$11,781
Mar 202201,837108.885.08$9,325
Feb 202201,66891.054.86$8,105
Jan 202201,95381.844.54$8,862
Dec 202101,77371.323.90$6,913
Nov 202102,68677.435.24$14,066
Oct 202103,56979.795.71$20,393
Sep 202102,92969.865.35$15,673
Aug 202103,73266.024.22$15,751
Jul 202104,25270.783.98$16,932
Jun 202103,20069.493.38$10,818
May 202104,32663.483.02$13,054
Apr 202104,30560.362.76$11,875
Mar 202106,54461.302.72$17,780
Feb 202106,49657.805.55$36,039
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 202098236.972.48$3,628
Sep 20200037.091.99$0
Aug 202001,79439.982.39$4,279
Jul 202004,20938.371.83$7,682
Jun 202003,93234.901.69$6,646
May 202004,16816.921.81$7,564
Apr 202004,09314.751.80$7,385
Mar 202084,44330.341.86$8,490
Feb 202004,12749.881.98$8,174
Jan 202004,04157.252.09$8,465
Dec 201904,20559.012.30$9,690
Nov 201904,05655.302.75$11,157
Oct 201904,32653.472.42$10,463
Sep 2019984,01155.052.66$16,053
Aug 201904,20753.112.30$9,694
Jul 201904,42656.272.46$10,888
Jun 201902,84452.782.49$7,085
May 201904,12858.482.74$11,312
Apr 201904,32362.632.75$11,891
Mar 201904,55456.803.06$13,945
Feb 201903,99550.852.79$11,155
Jan 201904,78246.033.23$15,437
Dec 201804,48446.594.19$18,768
Nov 201804,77352.934.24$20,224
Oct 201804,89561.443.40$16,634
Sep 201803,78659.543.11$11,767
Aug 201804,19259.403.07$12,855
Jul 201804,73765.142.93$13,888
Jun 20181154,62660.183.08$21,155
May 2018194,88265.382.90$15,404
Apr 201804,41263.842.90$12,798
Mar 201803,53161.222.79$9,840
Feb 201803,99961.782.77$11,062
Jan 201804,32562.874.01$17,340
Dec 201704,47157.272.92$13,062
Nov 201704,60155.423.12$14,348
Oct 201704,80649.292.98$14,340
Sep 201704,40147.523.09$13,587
Aug 201704,79245.373.00$14,397
Jul 201704,82843.873.09$14,905
Jun 20171054,70642.493.09$18,990
May 201704,84245.373.26$15,801
Apr 201704,76947.933.21$15,316
Mar 201704,92446.772.98$14,692
Feb 201704,51950.452.95$13,343
Jan 201704,99649.413.42$17,080
Dec 201605,03148.763.72$18,730
Nov 201604,85742.492.64$12,844
Oct 201604,72946.193.09$14,614
Sep 201604,84841.553.10$15,032
Aug 201605,11841.442.92$14,967
Jul 2016955,23941.622.92$19,275
Jun 201604,83945.352.69$12,997
May 201605,20742.521.99$10,367
Apr 201605,08436.561.99$10,122
Mar 201605,12833.011.79$9,200
Feb 201605,04426.472.06$10,409
Jan 201605,39827.352.36$12,763
Dec 201505,41632.362.00$10,840
Nov 201505,32838.792.17$11,548
Oct 201505,39943.552.43$13,101
Sep 201505,41842.992.76$14,945
Aug 201505,47840.162.87$15,736
Jul 201505,52748.152.95$16,277
Jun 2015105,90456.152.88$17,582
May 201505,54655.212.96$16,391
Apr 2015905,65749.822.71$19,795
Mar 201505,91242.892.93$17,350
Feb 201505,32844.662.98$15,857
Jan 201505,75043.433.10$17,829
Dec 201406,03854.693.59$21,685
Nov 201405,96870.464.25$25,375
Oct 201405,81278.303.90$22,672
Sep 201405,94786.164.05$24,058
Aug 20141026,24889.394.04$34,329
Jul 201406,23996.564.18$26,077
Jun 201405,92298.164.74$28,052
May 201406,21594.734.73$29,376
Apr 201406,17195.944.81$29,677
Mar 201406,49795.895.06$32,854
Feb 201406,29197.406.19$38,954
Jan 201407,03590.404.86$34,195
Dec 201306,71091.824.35$29,219
Nov 201306,55488.853.74$24,501
Oct 201306,86997.423.78$25,960
Sep 20131006,855104.113.72$35,896
Aug 201306,877104.253.52$24,225
Jul 201307,165102.523.72$26,638
Jun 201307,18194.403.93$28,246
May 201307,01794.834.15$29,114
Apr 201306,27893.964.28$26,886
Mar 201306,55293.623.91$25,637
Feb 2013976,82391.233.42$32,183
Jan 201306,86991.603.42$23,491
Dec 201206,98386.773.42$23,883
Nov 201206,67186.953.62$24,182
Oct 201206,72789.383.40$22,870
Sep 201206,78494.672.92$19,798
Aug 201207,08092.662.91$20,590
Jul 201207,11485.133.02$21,490
Jun 201206,81879.822.52$17,175
May 20121067,21191.612.49$27,654
Apr 201207,111101.652.00$14,199
Mar 201207,520105.052.22$16,710
Feb 201207,156101.102.57$18,393
Jan 201207,63998.092.73$20,886
Dec 201107,96696.873.24$25,808
Nov 201107,50295.723.31$24,841
Oct 201108,08784.983.65$29,506
Sep 2011988,53783.623.99$42,222
Aug 201107,89283.404.15$32,746
Jul 201107,60594.144.52$34,354
Jun 201107,17492.904.64$33,287
May 201107,71398.134.40$33,974
Apr 2011917,279105.964.33$41,184
Mar 201108,14796.364.06$33,055
Feb 201107,22685.644.18$30,205
Jan 201108,10286.504.59$37,178
Dec 201007,74385.734.35$33,665
Nov 201008,31780.843.80$31,566
Oct 201008,67578.103.51$30,440
Sep 201008,52472.633.98$33,921
Aug 2010798,93173.684.42$45,290
Jul 201008,86072.554.74$41,965
Jun 201009,09770.364.91$44,670
May 201008,92471.124.24$37,795
Apr 201008,90681.694.12$36,717
Mar 2010949,34078.394.39$48,359
Feb 201008,45173.585.44$45,993
Jan 201009,51074.365.96$56,719
Dec 200929,95071.445.48$54,706
Nov 200909,70174.593.75$36,393
Oct 20099110,48172.544.11$49,681
Sep 2009010,11965.543.06$31,012
Aug 2009010,41867.423.22$33,530
Jul 2009010,65661.133.46$36,918
Jun 2009010,50766.163.90$40,925
May 20099811,22854.743.93$49,443
Apr 2009011,15646.773.59$40,022
Mar 2009011,51842.144.06$46,752
Feb 2009010,38232.814.63$48,100
Jan 20099412,03935.865.37$68,032
Dec 2008010,64437.105.98$63,621
Nov 2008011,95655.496.86$82,022
Oct 200810912,97975.246.92$98,042
Sep 2008011,561101.767.88$91,067
Aug 2008013,498114.228.48$114,504
Jul 2008013,670131.0811.39$155,694
Jun 2008013,549131.3313.03$176,579
May 2008014,469123.1711.57$167,468
Apr 200814412,816110.3110.45$149,874
Mar 2008014,922101.909.66$144,207
Feb 2008014,19892.538.77$124,525
Jan 200812415,29590.388.21$136,714
Dec 2007015,36688.337.30$112,202
Nov 20079815,36691.677.29$121,028
Oct 20075316,56482.856.92$119,047
Sep 2007016,61475.846.24$103,740
Aug 20072718,06069.066.39$117,231
Jul 2007318,23470.906.39$116,690
Jun 20073118,10062.007.55$138,549
May 2007020,12458.747.85$157,899
Apr 20074218,06659.617.81$143,512
Mar 2007022,65656.927.30$165,433
Feb 2007015,05155.108.22$123,659
Jan 2007017,28850.306.73$116,294
Dec 20066317,96456.656.92$127,852
Nov 2006018,39054.207.62$140,085
Oct 20066219,33754.906.01$119,693
Sep 2006016,23460.085.04$81,774
Aug 20064719,45268.717.34$146,005
Jul 200620221,00469.376.34$147,236
Jun 2006020,73366.286.38$132,357
May 200619921,41966.016.42$150,753
Apr 200620924,13064.397.36$191,066
Mar 2006633,12456.707.08$234,955
Feb 2006027,96657.597.75$216,768
Jan 2006032,90960.598.93$293,987
Dec 200519135,34754.9413.42$484,688
Nov 2005837,35654.6910.59$395,978
Oct 2005745,03158.3413.80$621,645
Sep 2005153,82961.4512.08$650,262
Aug 200519181,26761.519.80$807,908
Jul 2005056,50555.697.84$443,205

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             0 bbl  × $106.41 =         $0
Gas                2,871 Mcf  × $  3.05 =     $8,745

────────────────────────────────────────────────────
Month total                                   $8,745

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/224326 is the state's own key, not one this site invented.