TIMBERSTAR-MILLS

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 232766District 06Field 578147002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Sep 2007 – May 2026
Value, last 12 filed months
$5 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 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 Gas112008-06-30183891
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
CondensateDisposition1,001 bbl$96,322
GasProduction283,321 Mcf$1,499,152
Total$1,595,474

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 31.6265, -94.3008. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.62650, -94.30077 · 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
10,950 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 10,950 ft.

1 well

42-40530201574110,950 ft

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 202600106.413.05$0
Apr 20260198.932.87$3
Mar 20260189.753.15$3
Feb 20260263.503.75$8
Jan 202602159.138.00$168
Dec 202509356.664.41$410
Nov 2025049758.593.93$1,951
Oct 2025041559.383.30$1,372
Sep 202501262.743.08$37
Aug 20250163.933.01$3
Jul 20250066.743.32$0
Jun 2025043466.483.13$1,358
May 2025068060.553.23$2,198
Apr 2025065362.363.54$2,314
Mar 2025059667.704.27$2,544
Feb 2025045470.884.34$1,971
Jan 2025051574.324.28$2,204
Dec 2024038468.993.12$1,199
Nov 2024019869.052.20$435
Oct 202401,71071.372.28$3,901
Sep 202401,89269.612.36$4,473
Aug 202401,68975.632.06$3,485
Jul 202401,07779.932.15$2,312
Jun 2024032478.082.63$853
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 2023033568.962.26$757
May 2023014970.622.23$332
Apr 2023016978.122.24$378
Mar 2023023972.852.39$572
Feb 2023022975.112.47$565
Jan 2023027176.533.39$918
Dec 2022029476.415.73$1,684
Nov 2022026285.005.65$1,479
Oct 2022029487.185.86$1,724
Sep 2022027084.888.16$2,204
Aug 2022044494.529.13$4,052
Jul 20220445101.587.54$3,356
Jun 20220442115.097.98$3,526
May 20220581109.378.43$4,900
Apr 20220541104.226.84$3,699
Mar 20220682108.885.08$3,462
Feb 2022087991.054.86$4,271
Jan 202201,57481.844.54$7,142
Dec 202101,56071.323.90$6,083
Nov 202101,62777.435.24$8,520
Oct 202102,67979.795.71$15,307
Sep 202102,26469.865.35$12,114
Aug 202112,42366.024.22$10,293
Jul 202132,63970.783.98$10,721
Jun 20213069.493.38$208
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 202061036.972.48$2,255
Sep 20200037.091.99$0
Aug 202001439.982.39$33
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202004630.341.86$85
Feb 202004749.881.98$93
Jan 202004657.252.09$96
Dec 201903959.012.30$90
Nov 201904355.302.75$118
Oct 201905753.472.42$138
Sep 201905755.052.66$151
Aug 201902953.112.30$67
Jul 201904856.272.46$118
Jun 201902952.782.49$72
May 201904758.482.74$129
Apr 201906162.632.75$168
Mar 201905856.803.06$178
Feb 201904550.852.79$126
Jan 201903746.033.23$119
Dec 201816246.594.19$306
Nov 201808352.934.24$352
Oct 2018012361.443.40$418
Sep 201819459.543.11$352
Aug 2018023659.403.07$724
Jul 2018057565.142.93$1,686
Jun 201806460.183.08$197
May 2018013765.382.90$397
Apr 2018014563.842.90$421
Mar 2018018461.222.79$513
Feb 2018014561.782.77$401
Jan 2018012562.874.01$501
Dec 2017043357.272.92$1,265
Nov 2017050455.423.12$1,572
Oct 2017012949.292.98$385
Sep 2017013647.523.09$420
Aug 2017017745.373.00$532
Jul 2017017543.873.09$540
Jun 2017019142.493.09$590
May 2017018745.373.26$610
Apr 2017016047.933.21$514
Mar 2017021346.772.98$636
Feb 2017013850.452.95$407
Jan 20176117049.413.42$3,595
Dec 2016018148.763.72$674
Nov 2016025042.492.64$661
Oct 2016029846.193.09$921
Sep 2016034341.553.10$1,064
Aug 2016036341.442.92$1,062
Jul 2016025941.622.92$757
Jun 2016136345.352.69$1,020
May 2016053042.521.99$1,055
Apr 2016066936.561.99$1,332
Mar 2016097833.011.79$1,755
Feb 201601,71626.472.06$3,541
Jan 201601,92427.352.36$4,549
Dec 201502,03532.362.00$4,073
Nov 201501,68138.792.17$3,643
Oct 201502,02543.552.43$4,914
Sep 201501,93542.992.76$5,338
Aug 201501,96840.162.87$5,653
Jul 201501,82848.152.95$5,384
Jun 2015341,69056.152.88$6,781
May 201501,69655.212.96$5,012
Apr 201501,60949.822.71$4,355
Mar 201503,22842.892.93$9,473
Feb 2015095644.662.98$2,845
Jan 201502,19343.433.10$6,800
Dec 201402,27154.693.59$8,156
Nov 201402,13070.464.25$9,056
Oct 201402,23178.303.90$8,703
Sep 201401,87786.164.05$7,593
Aug 201402,39489.394.04$9,660
Jul 201402,74796.564.18$11,481
Jun 201403,43098.164.74$16,248
May 201405,19094.734.73$24,531
Apr 2014089795.944.81$4,314
Mar 201401,00695.895.06$5,087
Feb 2014080497.406.19$4,978
Jan 201401,14990.404.86$5,585
Dec 2013091391.824.35$3,976
Nov 201301,03888.853.74$3,880
Oct 201301,21297.423.78$4,581
Sep 20130823104.113.72$3,060
Aug 201338958104.253.52$7,336
Jul 201301,237102.523.72$4,599
Jun 2013075494.403.93$2,966
May 2013095294.834.15$3,950
Apr 201301,32693.964.28$5,679
Mar 2013093293.623.91$3,647
Feb 201301,02391.233.42$3,499
Jan 201301,11891.603.42$3,823
Dec 2012081086.773.42$2,770
Nov 2012077886.953.62$2,820
Oct 2012090589.383.40$3,077
Sep 20124585494.672.92$6,752
Aug 201201,06592.662.91$3,097
Jul 201201,02985.133.02$3,108
Jun 201201,22779.822.52$3,091
May 2012099791.612.49$2,481
Apr 20120714101.652.00$1,426
Mar 201201,261105.052.22$2,802
Feb 20120928101.102.57$2,385
Jan 201201,07998.092.73$2,950
Dec 201101,14496.873.24$3,706
Nov 201101,01295.723.31$3,351
Oct 2011083184.983.65$3,032
Sep 2011341,44583.623.99$8,603
Aug 201101,39283.404.15$5,776
Jul 201101,08194.144.52$4,883
Jun 2011321,34292.904.64$9,200
May 201102,67798.134.40$11,792
Apr 201101,760105.964.33$7,627
Mar 201102,18796.364.06$8,873
Feb 2011242,82685.644.18$13,868
Jan 201104,53586.504.59$20,810
Dec 201004,97985.734.35$21,647
Nov 201006,12080.843.80$23,227
Oct 201012,33878.103.51$8,282
Sep 2010182,38672.633.98$10,802
Aug 201002,44373.684.42$10,797
Jul 201092,35572.554.74$11,807
Jun 201002,20870.364.91$10,842
May 2010181,53671.124.24$7,785
Apr 201001,42681.694.12$5,879
Mar 201001,08078.394.39$4,740
Feb 201001,82473.585.44$9,927
Jan 201042,09274.365.96$12,774
Dec 200901,74771.445.48$9,580
Nov 200901,20274.593.75$4,509
Oct 200901,68272.544.11$6,913
Sep 200902,02765.543.06$6,212
Aug 200901,99467.423.22$6,418
Jul 200902,59561.133.46$8,990
Jun 200903,34566.163.90$13,029
May 2009113,52454.743.93$14,436
Apr 200902,13246.773.59$7,649
Mar 200902,00542.144.06$8,138
Feb 200902,35032.814.63$10,888
Jan 200905,11935.865.37$27,494
Dec 200803,65037.105.98$21,817
Nov 2008303,26455.496.86$24,057
Oct 200807,49375.246.92$51,866
Sep 200803,082101.767.88$24,277
Aug 200803,164114.228.48$26,840
Jul 20082815,177131.0811.39$95,797
Jun 200804,236131.3313.03$55,206
May 200805,382123.1711.57$62,293
Apr 20081614,611110.3110.45$65,967
Mar 200805,274101.909.66$50,968
Feb 20081299,89492.538.77$98,712
Jan 2008020,50890.388.21$168,283
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 200705,83875.846.24$36,453

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                    1 Mcf  × $  2.87 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/232766 is the state's own key, not one this site invented.