MCGEE GAS UNIT

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 232051District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.6 M
Sep 2007 – May 2026
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
225
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 Gas112008-01-29180233
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
CondensateDisposition3,912 bbl$303,728
GasProduction684,285 Mcf$3,275,888
Total$3,579,616

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 32.6003, -94.3991. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.60025, -94.39907 · 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
10,125 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 10,125 ft.

Completions filed
Sep 2007
1 of 1 wells

1 well

42-20333969910,125 ftSep 2007

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 (225)

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

225 months

May 20264986106.413.05$3,429
Apr 2026487398.932.87$2,901
Mar 2026392789.753.15$3,189
Feb 2026376063.503.75$3,041
Jan 2026495059.138.00$7,835
Dec 2025498056.664.41$4,552
Nov 2025377758.593.93$3,227
Oct 2025379759.383.30$2,812
Sep 2025385462.743.08$2,816
Aug 2025377563.933.01$2,528
Jul 2025385266.743.32$3,025
Jun 2025385566.483.13$2,875
May 2025380560.553.23$2,784
Apr 2025378962.363.54$2,983
Mar 2025488267.704.27$4,035
Feb 2025387870.884.34$4,024
Jan 202551,00174.324.28$4,655
Dec 2024595568.993.12$3,326
Nov 202431,12169.052.20$2,672
Oct 202441,09371.372.28$2,779
Sep 2024499469.612.36$2,629
Aug 202431,09375.632.06$2,482
Jul 202441,06879.932.15$2,612
Jun 202441,06078.082.63$3,104
May 202451,13478.812.20$2,887
Apr 202441,05284.451.66$2,083
Mar 202451,08180.301.55$2,072
Feb 202451,10576.091.78$2,351
Jan 202461,27273.023.30$4,633
Dec 202361,26271.262.61$3,722
Nov 202341,22477.892.81$3,748
Oct 202351,28085.443.09$4,379
Sep 202351,25989.042.74$3,889
Aug 202351,35080.522.67$4,011
Jul 202351,27574.852.64$3,743
Jun 202341,22068.962.26$3,031
May 202351,22370.622.23$3,077
Apr 202361,22578.122.24$3,210
Mar 202361,33172.852.39$3,622
Feb 2023499475.112.47$2,751
Jan 202361,23476.533.39$4,640
Dec 202251,31676.415.73$7,922
Nov 202251,17185.005.65$7,037
Oct 202261,42187.185.86$8,855
Sep 202251,32684.888.16$11,249
Aug 202251,45594.529.13$13,753
Jul 202251,297101.587.54$10,290
Jun 202251,442115.097.98$12,079
May 202261,513109.378.43$13,415
Apr 202261,502104.226.84$10,895
Mar 202261,624108.885.08$8,897
Feb 202261,11891.054.86$5,978
Jan 202271,45181.844.54$7,157
Dec 202171,53171.323.90$6,469
Nov 202161,42577.435.24$7,927
Oct 202161,36779.795.71$8,290
Sep 202151,32869.865.35$7,455
Aug 202161,44466.024.22$6,491
Jul 202161,47870.783.98$6,310
Jun 202161,42169.493.38$5,221
May 202161,48963.483.02$4,874
Apr 202181,47860.362.76$4,560
Mar 202161,58761.302.72$4,680
Feb 202171,29757.805.55$7,600
Jan 202181,69950.412.81$5,178
Dec 202081,66344.642.68$4,806
Nov 202081,68838.772.71$4,879
Oct 202071,76136.972.48$4,623
Sep 202071,81737.091.99$3,877
Aug 202061,79539.982.39$4,521
Jul 202071,78438.371.83$3,525
Jun 202061,64834.901.69$2,995
May 202061,63716.921.81$3,072
Apr 202081,66614.751.80$3,124
Mar 202081,65030.341.86$3,306
Feb 202071,43749.881.98$3,195
Jan 202081,81557.252.09$4,260
Dec 201991,55559.012.30$4,114
Nov 201961,57055.302.75$4,650
Oct 201951,42953.472.42$3,723
Sep 201951,42355.052.66$4,057
Aug 201951,46253.112.30$3,635
Jul 201951,43656.272.46$3,814
Jun 201951,31852.782.49$3,547
May 201951,42258.482.74$4,189
Apr 201951,45962.632.75$4,326
Mar 201961,67356.803.06$5,464
Feb 201961,29350.852.79$3,915
Jan 201971,37446.033.23$4,758
Dec 201851,04846.594.19$4,619
Nov 201871,75552.934.24$7,807
Oct 201851,52561.443.40$5,489
Sep 201841,04059.543.11$3,470
Aug 201851,44959.403.07$4,740
Jul 201851,54665.142.93$4,858
Jun 201871,69560.183.08$5,637
May 201851,81265.382.90$5,583
Apr 2018271663.842.90$2,205
Mar 2018355961.222.79$1,742
Feb 2018499961.782.77$3,010
Jan 201851,16362.874.01$4,977
Dec 201771,65057.272.92$5,221
Nov 201781,62755.423.12$5,517
Oct 2017112,51749.292.98$8,052
Sep 201762,53647.523.09$8,114
Aug 201762,40745.373.00$7,504
Jul 201772,10543.873.09$6,806
Jun 201772,08642.493.09$6,738
May 201772,37045.373.26$8,052
Apr 2017102,07047.933.21$7,127
Mar 2017112,33146.772.98$7,469
Feb 2017102,33250.452.95$7,390
Jan 2017112,64949.413.42$9,600
Dec 2016122,85148.763.72$11,199
Nov 2016122,41342.492.64$6,891
Oct 2016122,44046.193.09$8,095
Sep 2016342,25441.553.10$8,402
Aug 2016352,05641.442.92$7,463
Jul 2016352,37441.622.92$8,399
Jun 2016342,30945.352.69$7,743
May 2016362,63342.521.99$6,773
Apr 2016382,39936.561.99$6,166
Mar 2016432,17133.011.79$5,314
Feb 2016452,03726.472.06$5,395
Jan 2016502,17227.352.36$6,503
Dec 2015472,27532.362.00$6,074
Nov 2015362,14138.792.17$6,037
Oct 2015282,62743.552.43$7,594
Sep 201572,36542.992.76$6,825
Aug 201572,73940.162.87$8,149
Jul 201582,83348.152.95$8,729
Jun 201572,82656.152.88$8,540
May 201582,86055.212.96$8,894
Apr 201592,56449.822.71$7,388
Mar 2015102,44642.892.93$7,607
Feb 201592,20244.662.98$6,956
Jan 2015112,80943.433.10$9,187
Dec 2014112,66754.693.59$10,180
Nov 201482,73970.464.25$12,209
Oct 201442,98378.303.90$11,950
Sep 201442,81186.164.05$11,716
Aug 201442,93789.394.04$12,209
Jul 201441,62596.564.18$7,178
Jun 201442,91398.164.74$14,191
May 201451,97994.734.73$9,828
Apr 201443,26595.944.81$16,086
Mar 201462,96895.895.06$15,584
Feb 201452,82997.406.19$18,004
Jan 201463,29590.404.86$16,558
Dec 201342,89191.824.35$12,956
Nov 201341,78088.853.74$7,010
Oct 201353,07597.423.78$12,109
Sep 201352,945104.113.72$11,469
Aug 201362,934104.253.52$10,961
Jul 201364,024102.523.72$15,575
Jun 201352,84594.403.93$11,663
May 201373,24394.834.15$14,119
Apr 201373,12093.964.28$14,019
Mar 201383,33393.623.91$13,791
Feb 201383,48291.233.42$12,638
Jan 201383,49191.603.42$12,672
Dec 201273,35886.773.42$12,092
Nov 201203,58286.953.62$12,985
Oct 201203,75289.383.40$12,756
Sep 201203,71994.672.92$10,854
Aug 201203,62192.662.91$10,530
Jul 201204,02185.133.02$12,147
Jun 201203,13679.822.52$7,900
May 201203,53691.612.49$8,799
Apr 201203,844101.652.00$7,676
Mar 201203,513105.052.22$7,806
Feb 201203,826101.102.57$9,834
Jan 201204,12298.092.73$11,270
Dec 201103,88596.873.24$12,586
Nov 201103,81495.723.31$12,629
Oct 201103,99584.983.65$14,576
Sep 201104,18483.623.99$16,677
Aug 201103,54783.404.15$14,718
Jul 201104,05094.144.52$18,295
Jun 201104,00692.904.64$18,587
May 201104,30098.134.40$18,941
Apr 201104,084105.964.33$17,697
Mar 201104,27796.364.06$17,353
Feb 201103,65085.644.18$15,257
Jan 201104,09386.504.59$18,782
Dec 201004,73885.734.35$20,600
Nov 201004,71180.843.80$17,880
Oct 201004,96178.103.51$17,408
Sep 201004,77372.633.98$18,994
Aug 201006,35273.684.42$28,072
Jul 201006,58672.554.74$31,195
Jun 201005,26670.364.91$25,858
May 201005,67071.124.24$24,014
Apr 201004,69781.694.12$19,364
Mar 201005,76378.394.39$25,292
Feb 201005,92573.585.44$32,246
Jan 201004,66474.365.96$27,817
Dec 200904,44671.445.48$24,381
Nov 200904,86274.593.75$18,240
Oct 200907,60872.544.11$31,271
Sep 200906,94265.543.06$21,275
Aug 200905,03167.423.22$16,192
Jul 200906,91261.133.46$23,947
Jun 200902,98066.163.90$11,607
May 200907,41754.743.93$29,117
Apr 200905,23246.773.59$18,770
Mar 200907,87942.144.06$31,981
Feb 2009177,71232.814.63$36,287
Jan 20092288,12535.865.37$51,815
Dec 20082347,72637.105.98$54,861
Nov 20081737,41555.496.86$60,469
Oct 20081886,55775.246.92$59,533
Sep 20081765,769101.767.88$63,353
Aug 20081757,130114.228.48$80,472
Jul 20081767,459131.0811.39$108,024
Jun 20081637,535131.3313.03$119,608
May 20081688,186123.1711.57$115,440
Apr 20081888,745110.3110.45$112,166
Mar 200819710,006101.909.66$116,773
Feb 200824010,19892.538.77$111,650
Jan 200824312,53090.388.21$124,780
Dec 2007014,03788.337.30$102,498
Nov 2007016,80191.677.29$122,508
Oct 2007022,61382.856.92$156,527
Sep 2007014,85375.846.24$92,745

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             4 bbl  × $106.41 =       $426
Gas                  986 Mcf  × $  3.05 =     $3,003

────────────────────────────────────────────────────
Month total                                   $3,429

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/232051 is the state's own key, not one this site invented.