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TIMBERSTAR 58

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

Gas lease lease 232539District 06Field 578147002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.8 M
Oct 2007 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
224
no gaps in the span
Streams
2
condensate, gas

The MARTINSVILLE (TRAVIS PEAK) field

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 94 leases and 94 wells, and the rule below applies to all of them.

Discovered
1982-03-27
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2007-11-06.

The Commission's schedule remark for this field reads: “DOCKET #06-0253202 EFF. 11-6-07.”

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 Gas112008-05-19182176
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
CondensateDisposition3,454 bbl$293,714
GasProduction858,499 Mcf$4,551,908
Total$4,845,623

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 31.6290, -94.3501. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.62896, -94.35010 · 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
11,077 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 11,077 ft.

Completions filed
Oct 2007
1 of 1 wells

1 well

42-40530204111,077 ftOct 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 (224)

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

224 months

May 20260163106.413.05$496
Apr 2026015998.932.87$456
Mar 2026014889.753.15$466
Feb 2026017663.503.75$660
Jan 2026012659.138.00$1,008
Dec 2025016256.664.41$715
Nov 2025015958.593.93$624
Oct 2025019459.383.30$641
Sep 2025016362.743.08$502
Aug 2025019063.933.01$573
Jul 2025018066.743.32$597
Jun 2025016766.483.13$523
May 2025016160.553.23$520
Apr 2025016462.363.54$581
Mar 2025019667.704.27$837
Feb 2025020670.884.34$894
Jan 2025119274.324.28$896
Dec 2024020368.993.12$634
Nov 20242524169.052.20$2,256
Oct 2024019771.372.28$449
Sep 2024124269.612.36$642
Aug 2024021875.632.06$450
Jul 2024021179.932.15$453
Jun 2024017278.082.63$453
May 2024021678.812.20$475
Apr 2024021784.451.66$360
Mar 2024028680.301.55$442
Feb 2024022976.091.78$408
Jan 2024022773.023.30$749
Dec 2023018071.262.61$470
Nov 2023016377.892.81$458
Oct 2023023185.443.09$713
Sep 2023023689.042.74$645
Aug 2023025680.522.67$684
Jul 2023023774.852.64$626
Jun 2023023768.962.26$535
May 2023023170.622.23$515
Apr 2023024478.122.24$546
Mar 2023027872.852.39$665
Feb 2023018975.112.47$466
Jan 2023028876.533.39$976
Dec 2022025276.415.73$1,444
Nov 2022022485.005.65$1,265
Oct 2022026887.185.86$1,571
Sep 2022020584.888.16$1,674
Aug 2022024294.529.13$2,209
Jul 20220288101.587.54$2,172
Jun 20220240115.097.98$1,915
May 20220190109.378.43$1,602
Apr 20220134104.226.84$916
Mar 20220225108.885.08$1,142
Feb 2022022191.054.86$1,074
Jan 2022020681.844.54$935
Dec 2021021071.323.90$819
Nov 2021024477.435.24$1,278
Oct 2021026379.795.71$1,503
Sep 2021030869.865.35$1,648
Aug 2021030266.024.22$1,275
Jul 2021319670.783.98$993
Jun 20212069.493.38$139
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20217050.412.81$353
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 202001239.982.39$29
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202072014.751.80$1,062
Mar 202021,17530.341.86$2,242
Feb 202001,45849.881.98$2,888
Jan 202001,55457.252.09$3,255
Dec 201921,70959.012.30$4,056
Nov 201901,78755.302.75$4,916
Oct 201901,57453.472.42$3,807
Sep 201901,69655.052.66$4,507
Aug 201901,69053.112.30$3,894
Jul 201901,96556.272.46$4,834
Jun 201901,71252.782.49$4,265
May 201901,71458.482.74$4,697
Apr 201901,79462.632.75$4,935
Mar 201901,91656.803.06$5,867
Feb 201901,72950.852.79$4,828
Jan 201901,50646.033.23$4,862
Dec 201821,42546.594.19$6,057
Nov 201801,45652.934.24$6,169
Oct 201802,08461.443.40$7,082
Sep 201821,95159.543.11$6,183
Aug 201802,01859.403.07$6,188
Jul 201802,29765.142.93$6,735
Jun 201802,28960.183.08$7,043
May 201801,77365.382.90$5,143
Apr 201801,77563.842.90$5,149
Mar 201801,83461.222.79$5,111
Feb 201801,87061.782.77$5,173
Jan 2018741,91562.874.01$12,330
Dec 201731,78257.272.92$5,378
Nov 201702,11955.423.12$6,608
Oct 201702,75349.292.98$8,214
Sep 201702,55347.523.09$7,882
Aug 201702,72645.373.00$8,190
Jul 201702,88943.873.09$8,919
Jun 201702,76042.493.09$8,521
May 201702,78745.373.26$9,095
Apr 201702,53747.933.21$8,148
Mar 201702,41746.772.98$7,212
Feb 201702,33550.452.95$6,894
Jan 201732,40449.413.42$8,367
Dec 201602,37648.763.72$8,845
Nov 201602,40942.492.64$6,370
Oct 201602,40346.193.09$7,426
Sep 201602,33041.553.10$7,224
Aug 201602,40041.442.92$7,018
Jul 2016712,37041.622.92$9,886
Jun 201632,09345.352.69$5,757
May 201602,19742.521.99$4,374
Apr 201602,46536.561.99$4,908
Mar 201602,63533.011.79$4,727
Feb 201602,37426.472.06$4,899
Jan 201602,62927.352.36$6,216
Dec 201502,65632.362.00$5,316
Nov 201502,76338.792.17$5,988
Oct 201502,71643.552.43$6,591
Sep 201502,88642.992.76$7,961
Aug 201502,80640.162.87$8,060
Jul 201502,80848.152.95$8,270
Jun 2015922,62656.152.88$12,736
May 201503,93255.212.96$11,621
Apr 201503,11049.822.71$8,417
Mar 201503,22442.892.93$9,462
Feb 201502,76844.662.98$8,238
Jan 201502,84943.433.10$8,834
Dec 201403,47054.693.59$12,462
Nov 201403,13370.464.25$13,321
Oct 201403,12878.303.90$12,202
Sep 201403,00786.164.05$12,165
Aug 2014683,77089.394.04$21,291
Jul 201403,33196.564.18$13,922
Jun 201403,28498.164.74$15,556
May 201403,63794.734.73$17,191
Apr 201403,79295.944.81$18,236
Mar 201403,94595.895.06$19,949
Feb 201403,70897.406.19$22,960
Jan 201403,93490.404.86$19,122
Dec 201304,08291.824.35$17,775
Nov 201304,11388.853.74$15,376
Oct 201304,44997.423.78$16,814
Sep 201304,442104.113.72$16,514
Aug 2013744,805104.253.52$24,641
Jul 201304,731102.523.72$17,589
Jun 201304,60394.403.93$18,105
May 201304,58594.834.15$19,024
Apr 201304,56593.964.28$19,550
Mar 201304,68893.623.91$18,344
Feb 201304,54191.233.42$15,530
Jan 201305,01391.603.42$17,144
Dec 2012724,89286.773.42$22,979
Nov 201205,17386.953.62$18,752
Oct 201205,50289.383.40$18,705
Sep 201205,55494.672.92$16,209
Aug 201205,97192.662.91$17,365
Jul 201206,27585.133.02$18,956
Jun 201206,22179.822.52$15,671
May 201206,72591.612.49$16,734
Apr 2012796,467101.652.00$20,944
Mar 201206,852105.052.22$15,226
Feb 2012445,638101.102.57$18,939
Jan 201205,11098.092.73$13,971
Dec 201104,93496.873.24$15,985
Nov 201105,17695.723.31$17,139
Oct 201105,87484.983.65$21,432
Sep 201105,45183.623.99$21,727
Aug 201105,83883.404.15$24,224
Jul 201106,10294.144.52$27,564
Jun 2011486,18292.904.64$33,143
May 201106,82698.134.40$30,067
Apr 201106,934105.964.33$30,047
Mar 201107,43396.364.06$30,158
Feb 201106,51285.644.18$27,220
Jan 20111127,93886.504.59$46,114
Dec 201008,73985.734.35$37,995
Nov 201008,28580.843.80$31,444
Oct 201006,23078.103.51$21,860
Sep 2010696,10472.633.98$29,302
Aug 201005,77873.684.42$25,535
Jul 201005,82372.554.74$27,581
Jun 201005,74870.364.91$28,225
May 201004,31171.124.24$18,258
Apr 201005,57781.694.12$22,992
Mar 2010805,97178.394.39$32,476
Feb 201006,47173.585.44$35,218
Jan 201017,23774.365.96$43,236
Dec 200907,70671.445.48$42,258
Nov 2009846,91974.593.75$32,222
Oct 200906,81372.544.11$28,003
Sep 200907,23565.543.06$22,173
Aug 2009937,64767.423.22$30,882
Jul 200908,32361.133.46$28,835
Jun 2009918,01066.163.90$37,220
May 200908,98654.743.93$35,277
Apr 2009888,59346.773.59$34,943
Mar 200908,66442.144.06$35,167
Feb 200909,29132.814.63$43,045
Jan 200910712,44635.865.37$70,684
Dec 2008011,89937.105.98$71,122
Nov 200810812,25155.496.86$90,039
Oct 20089614,59075.246.92$108,215
Sep 200810312,069101.767.88$105,550
Aug 200808,543114.228.48$72,470
Jul 20087913,551131.0811.39$164,693
Jun 200810912,752131.3313.03$180,507
May 200811316,551123.1711.57$205,484
Apr 200821318,456110.3110.45$216,451
Mar 200812521,852101.909.66$223,917
Feb 200813622,49192.538.77$209,843
Jan 200828828,57490.388.21$260,500
Dec 200727834,37288.337.30$275,539
Nov 200731949,93891.677.29$393,376
Oct 2007127,24982.856.92$51,172

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                  163 Mcf  × $  3.05 =       $496

────────────────────────────────────────────────────
Month total                                     $496

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/232539 is the state's own key, not one this site invented.