REAVLEY

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 229327District 06Field 085118002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
May 2007 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
229
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 Gas112007-10-30177687
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
CondensateDisposition5,586 bbl$423,067
GasProduction962,068 Mcf$5,092,544
Total$5,515,611

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 31.4704, -94.7399. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47044, -94.73987 · 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
11,808 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 11,808 ft.

Completions filed
Nov 2020
1 of 1 wells

1 well

42-34732454411,808 ftNov 2020

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 (229)

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

229 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 202521056.664.41$1,190
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 202211094.529.13$1,040
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 202142066.024.22$2,773
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 202011973330.341.86$4,971
Feb 2020042449.881.98$840
Jan 2020036557.252.09$765
Dec 2019037459.012.30$862
Nov 2019034455.302.75$946
Oct 2019042853.472.42$1,035
Sep 20196434355.052.66$4,435
Aug 201901,46953.112.30$3,385
Jul 2019099656.272.46$2,450
Jun 2019088652.782.49$2,207
May 201901,03558.482.74$2,836
Apr 2019571,11962.632.75$6,648
Mar 2019052256.803.06$1,598
Feb 2019042050.852.79$1,173
Jan 2019023246.033.23$749
Dec 2018075246.594.19$3,147
Nov 2018064052.934.24$2,712
Oct 2018017561.443.40$595
Sep 201802,43259.543.11$7,559
Aug 2018591,91659.403.07$9,380
Jul 201801,39365.142.93$4,084
Jun 201801,69460.183.08$5,212
May 2018192,49465.382.90$8,477
Apr 2018482,35563.842.90$9,896
Mar 201801,38161.222.79$3,849
Feb 2018076361.782.77$2,111
Jan 2018066862.874.01$2,678
Dec 201701,80457.272.92$5,270
Nov 201703,00955.423.12$9,383
Oct 2017522,99549.292.98$11,499
Sep 201703,37247.523.09$10,410
Aug 201703,13945.373.00$9,431
Jul 2017583,21543.873.09$12,470
Jun 201703,58742.493.09$11,074
May 201703,50645.373.26$11,441
Apr 201703,50847.933.21$11,266
Mar 2017553,09646.772.98$11,810
Feb 201702,79650.452.95$8,255
Jan 2017593,25149.413.42$14,030
Dec 201603,70948.763.72$13,808
Nov 201603,54142.492.64$9,364
Oct 201603,41846.193.09$10,563
Sep 2016513,33941.553.10$12,472
Aug 201603,31241.442.92$9,685
Jul 2016473,62841.622.92$12,566
Jun 2016563,44945.352.69$11,803
May 201603,71942.521.99$7,405
Apr 2016563,66336.561.99$9,341
Mar 201603,77333.011.79$6,769
Feb 201603,58826.472.06$7,404
Jan 2016604,02527.352.36$11,158
Dec 201503,91332.362.00$7,832
Nov 201503,84538.792.17$8,333
Oct 2015573,57443.552.43$11,155
Sep 201503,89342.992.76$10,739
Aug 2015573,70240.162.87$12,923
Jul 201503,80448.152.95$11,203
Jun 201583,36356.152.88$10,144
May 201503,73355.212.96$11,033
Apr 2015533,94449.822.71$13,315
Mar 2015594,16642.892.93$14,757
Feb 201503,84444.662.98$11,440
Jan 2015404,16043.433.10$14,636
Dec 201404,27054.693.59$15,335
Nov 2014473,97370.464.25$20,204
Oct 201404,27578.303.90$16,677
Sep 201404,19786.164.05$16,979
Aug 2014424,41689.394.04$21,573
Jul 201404,49696.564.18$18,791
Jun 2014504,41598.164.74$25,821
May 201404,39094.734.73$20,750
Apr 2014444,34695.944.81$25,122
Mar 201404,54795.895.06$22,993
Feb 201404,22797.406.19$26,174
Jan 2014464,62690.404.86$26,644
Dec 2013434,83691.824.35$25,007
Nov 201304,75988.853.74$17,790
Oct 2013394,93397.423.78$22,443
Sep 201304,896104.113.72$18,202
Aug 201304,492104.253.52$15,824
Jul 2013434,941102.523.72$22,778
Jun 201305,05894.403.93$19,895
May 201309,75494.834.15$40,470
Apr 2013965,09893.964.28$30,853
Mar 201304,97093.623.91$19,447
Feb 2013584,79891.233.42$21,700
Jan 201304,50291.603.42$15,396
Dec 2012555,13386.773.42$22,328
Nov 201204,85386.953.62$17,592
Oct 201204,59889.383.40$15,632
Sep 2012475,20694.672.92$19,643
Aug 201205,16792.662.91$15,026
Jul 2012475,25785.133.02$19,881
Jun 201205,23379.822.52$13,182
May 2012515,52391.612.49$18,415
Apr 201205,429101.652.00$10,841
Mar 2012475,706105.052.22$17,617
Feb 201205,340101.102.57$13,725
Jan 2012495,88098.092.73$20,883
Dec 201106,27596.873.24$20,329
Nov 2011445,65895.723.31$22,947
Oct 201106,09284.983.65$22,227
Sep 2011516,33883.623.99$29,527
Aug 2011516,69183.404.15$32,017
Jul 201106,86694.144.52$31,015
Jun 2011546,79592.904.64$36,545
May 2011537,25698.134.40$37,162
Apr 201107,015105.964.33$30,398
Mar 2011617,55896.364.06$36,543
Feb 20111176,87285.644.18$38,745
Jan 2011668,13386.504.59$43,030
Dec 201007,97985.734.35$34,691
Nov 2010668,31880.843.80$36,905
Oct 2010745,92878.103.51$26,580
Sep 2010735,88672.633.98$28,725
Aug 201006,42473.684.42$28,390
Jul 2010676,05872.554.74$33,555
Jun 201006,41670.364.91$31,505
May 2010576,63771.124.24$32,163
Apr 2010636,67481.694.12$32,661
Mar 201006,75278.394.39$29,632
Feb 2010516,19273.585.44$37,452
Jan 20101187,41074.365.96$52,968
Dec 200907,58771.445.48$41,605
Nov 2009537,48474.593.75$32,030
Oct 2009577,93472.544.11$36,746
Sep 200907,51565.543.06$23,032
Aug 2009618,49867.423.22$31,463
Jul 2009548,61761.133.46$33,155
Jun 200908,61366.163.90$33,548
May 2009569,20854.743.93$39,214
Apr 2009609,24246.773.59$35,962
Mar 2009539,62742.144.06$41,309
Feb 2009718,86632.814.63$43,406
Jan 20096410,37635.865.37$58,025
Dec 2008669,36937.105.98$58,448
Nov 20086410,60055.496.86$76,271
Oct 20086412,00075.246.92$87,879
Sep 200809,774101.767.88$76,991
Aug 200812112,933114.228.48$123,532
Jul 200813513,406131.0811.39$170,383
Jun 2008013,607131.3313.03$177,335
May 20087714,996123.1711.57$183,052
Apr 200813512,950110.3110.45$150,282
Mar 2008014,301101.909.66$138,206
Feb 20087714,17992.538.77$131,483
Jan 200816518,02890.388.21$162,846
Dec 200710221,51088.337.30$166,075
Nov 200729721,51091.677.29$184,070
Oct 200723526,02982.856.92$199,642
Sep 200714824,95875.846.24$167,066
Aug 20079629,54169.066.39$195,336
Jul 200719739,08170.906.39$263,614
Jun 2007041,15862.007.55$310,679
May 200705,07258.747.85$39,796

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.

Dec 2025 — as filed, then multipliedworked
Condensate            21 bbl  × $ 56.66 =     $1,190
Gas                    0 Mcf  × $  4.41 =         $0

────────────────────────────────────────────────────
Month total                                   $1,190

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/229327 is the state's own key, not one this site invented.