DAVIS, FRANK ESTATE DEEP GU

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 234511District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.6 M
Nov 2007 – May 2026
Value, last 12 filed months
$106 k
at the published price for each month
Months reported
223
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 Gas112008-05-08182811
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
CondensateDisposition17,990 bbl$1,358,098
GasProduction1,061,539 Mcf$5,267,532
Total$6,625,629

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 32.6446, -94.3582. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.64462, -94.35824 · 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
10,058 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 10,058 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-20333758710,058 ftNov 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 (223)

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

223 months

May 2026331,873106.413.05$9,216
Apr 2026361,83198.932.87$8,816
Mar 2026311,92789.753.15$8,851
Feb 2026291,80163.503.75$8,596
Jan 2026291,53859.138.00$14,016
Dec 2025341,73556.664.41$9,584
Nov 2025341,76258.593.93$8,910
Oct 2025341,89459.383.30$8,278
Sep 2025291,71962.743.08$7,109
Aug 2025301,76263.933.01$7,230
Jul 2025271,68566.743.32$7,388
Jun 2025301,81366.483.13$7,667
May 2025341,89860.553.23$8,194
Apr 2025321,68162.363.54$7,952
Mar 2025391,91967.704.27$10,831
Feb 2025331,76970.884.34$10,018
Jan 2025562,81974.324.28$16,224
Dec 2024351,72668.993.12$7,802
Nov 2024342,22269.052.20$7,233
Oct 2024392,08971.372.28$7,549
Sep 2024392,04969.612.36$7,559
Aug 2024302,08675.632.06$6,574
Jul 2024382,10879.932.15$7,562
Jun 2024342,05678.082.63$8,070
May 2024372,03778.812.20$7,394
Apr 2024382,03584.451.66$6,586
Mar 2024422,15380.301.55$6,699
Feb 2024391,90576.091.78$6,365
Jan 2024381,93473.023.30$9,152
Dec 2023381,92171.262.61$7,723
Nov 2023342,00777.892.81$8,283
Oct 2023372,05885.443.09$9,515
Sep 2023301,71289.042.74$7,354
Aug 2023291,80680.522.67$7,162
Jul 2023311,72774.852.64$6,883
Jun 2023312,10068.962.26$6,881
May 2023432,17870.622.23$7,888
Apr 2023422,02478.122.24$7,810
Mar 2023472,13772.852.39$8,538
Feb 2023372,05375.112.47$7,841
Jan 2023492,27476.533.39$11,454
Dec 2022462,31076.415.73$16,749
Nov 2022422,29385.005.65$16,517
Oct 2022442,38587.185.86$17,821
Sep 2022322,29484.888.16$21,444
Aug 2022392,29994.529.13$24,670
Jul 2022372,348101.587.54$21,467
Jun 2022382,281115.097.98$22,569
May 2022422,357109.378.43$24,470
Apr 2022442,309104.226.84$20,374
Mar 2022452,296108.885.08$16,555
Feb 2022431,99191.054.86$13,589
Jan 2022472,09281.844.54$13,339
Dec 2021482,33471.323.90$12,524
Nov 2021452,28177.435.24$15,430
Oct 2021422,39179.795.71$17,013
Sep 2021392,23169.865.35$14,662
Aug 2021402,35766.024.22$12,589
Jul 2021422,37370.783.98$12,422
Jun 2021412,26469.493.38$10,503
May 2021442,34463.483.02$9,867
Apr 2021512,32460.362.76$9,489
Mar 2021462,51661.302.72$9,656
Feb 2021331,50857.805.55$10,274
Jan 2021522,43150.412.81$9,453
Dec 2020512,50044.642.68$8,965
Nov 2020502,40738.772.71$8,453
Oct 2020502,49936.972.48$8,042
Sep 2020412,56937.091.99$6,636
Aug 2020412,58839.982.39$7,812
Jul 2020442,64538.371.83$6,516
Jun 2020412,52334.901.69$5,696
May 2020472,61816.921.81$5,546
Apr 2020572,71914.751.80$5,747
Mar 2020502,54130.341.86$6,234
Feb 2020502,34849.881.98$7,145
Jan 2020492,60757.252.09$8,266
Dec 2019382,15359.012.30$7,204
Nov 2019613,46055.302.75$12,891
Oct 2019493,33453.472.42$10,683
Sep 2019322,16155.052.66$7,504
Aug 2019412,68153.112.30$8,356
Jul 2019412,68656.272.46$8,915
Jun 2019382,30852.782.49$7,755
May 2019432,27358.482.74$8,743
Apr 2019452,58262.632.75$9,921
Mar 2019431,80056.803.06$7,954
Feb 2019452,76150.852.79$9,998
Jan 2019553,75446.033.23$14,650
Dec 2018503,57746.594.19$17,301
Nov 2018423,22352.934.24$15,880
Oct 2018362,88361.443.40$12,009
Sep 2018352,42359.543.11$9,615
Aug 2018372,74359.403.07$10,609
Jul 2018473,27765.142.93$12,669
Jun 2018472,71460.183.08$11,179
May 2018422,61465.382.90$10,329
Apr 2018221,80163.842.90$6,629
Mar 2018342,56461.222.79$9,227
Feb 2018341,93461.782.77$7,450
Jan 2018632,08362.874.01$12,312
Dec 2017852,94257.272.92$13,463
Nov 2017702,61155.423.12$12,021
Oct 2017802,85949.292.98$12,474
Sep 2017502,19547.523.09$9,153
Aug 2017473,19145.373.00$11,719
Jul 2017512,93443.873.09$11,295
Jun 2017493,30242.493.09$12,276
May 2017562,77145.373.26$11,584
Apr 2017563,03847.933.21$12,441
Mar 2017603,43346.772.98$13,049
Feb 2017563,17050.452.95$12,185
Jan 2017592,81249.413.42$12,529
Dec 2016612,85748.763.72$13,610
Nov 2016563,30942.492.64$11,130
Oct 2016433,21546.193.09$11,921
Sep 2016223,07041.553.10$10,433
Aug 2016213,20141.442.92$10,231
Jul 2016212,98441.622.92$9,600
Jun 2016203,06845.352.69$9,147
May 2016193,47542.521.99$7,727
Apr 2016203,08936.561.99$6,882
Mar 2016223,53233.011.79$7,063
Feb 2016183,15826.472.06$6,993
Jan 2016233,42727.352.36$8,732
Dec 2015223,38132.362.00$7,479
Nov 2015243,38238.792.17$8,261
Oct 2015273,25343.552.43$9,070
Sep 2015293,32742.992.76$10,424
Aug 2015293,02140.162.87$9,842
Jul 2015333,55848.152.95$12,068
Jun 2015323,64356.152.88$12,299
May 2015343,71755.212.96$12,863
Apr 2015373,63949.822.71$11,693
Mar 2015433,70442.892.93$12,714
Feb 2015403,17144.662.98$11,224
Jan 2015503,74143.433.10$13,771
Dec 2014484,13154.693.59$17,461
Nov 2014183,76370.464.25$17,268
Oct 2014154,37278.303.90$18,230
Sep 2014154,17686.164.05$18,186
Aug 2014164,38689.394.04$19,128
Jul 2014154,67296.564.18$20,975
Jun 2014173,81398.164.74$19,730
May 2014194,53394.734.73$23,225
Apr 2014184,75395.944.81$24,585
Mar 2014214,49095.895.06$24,719
Feb 2014204,75797.406.19$31,403
Jan 2014164,33890.404.86$22,532
Dec 20130091.824.35$0
Nov 2013152,16188.853.74$9,411
Oct 2013204,20797.423.78$17,848
Sep 2013174,053104.113.72$16,838
Aug 2013224,767104.253.52$19,086
Jul 2013226,429102.523.72$26,157
Jun 2013195,35294.403.93$22,845
May 2013235,19494.834.15$23,731
Apr 2013244,75093.964.28$22,597
Mar 2013274,88093.623.91$21,623
Feb 2013295,17891.233.42$20,354
Jan 2013294,98491.603.42$19,701
Dec 2012255,03686.773.42$19,393
Nov 2012174,75486.953.62$18,711
Oct 2012174,83389.383.40$17,950
Sep 2012265,19294.672.92$17,614
Aug 2012305,36092.662.91$18,368
Jul 2012295,78085.133.02$19,929
Jun 2012255,36579.822.52$15,510
May 2012315,66591.612.49$16,936
Apr 2012285,190101.652.00$13,210
Mar 2012325,914105.052.22$16,503
Feb 2012395,694101.102.57$18,578
Jan 2012486,25798.092.73$21,815
Dec 20111395,44496.873.24$31,102
Nov 2011975,05395.723.31$26,017
Oct 2011965,93884.983.65$29,823
Sep 2011825,18983.623.99$27,539
Aug 20111137,10283.404.15$38,893
Jul 20111067,21294.144.52$42,557
Jun 2011996,67692.904.64$40,173
May 20111126,79298.134.40$40,908
Apr 20111267,371105.964.33$45,292
Mar 2011552,70096.364.06$16,255
Feb 20111216,60685.644.18$37,975
Jan 2011854,36986.504.59$27,401
Dec 20101126,69585.734.35$38,710
Nov 20101765,80580.843.80$36,260
Oct 20101946,50878.103.51$37,987
Sep 20101766,68372.633.98$39,378
Aug 20101458,52773.684.42$48,367
Jul 201013610,14372.554.74$57,909
Jun 20102198,52470.364.91$57,265
May 20102037,48171.124.24$46,121
Apr 20103196,76381.694.12$53,941
Mar 20102537,45778.394.39$52,559
Feb 20102438,24673.585.44$62,758
Jan 20101834,91374.365.96$42,909
Dec 20092658,07371.445.48$63,202
Nov 20092228,66174.593.75$49,051
Oct 20091598,56272.544.11$46,726
Sep 200917010,78065.543.06$44,180
Aug 200922110,41767.423.22$48,427
Jul 200927610,82561.133.46$54,375
Jun 20092498,99466.163.90$51,505
May 20092529,37754.743.93$50,606
Apr 200927411,07746.773.59$52,554
Mar 200931411,91242.144.06$61,583
Feb 200926310,91532.814.63$59,198
Jan 200925512,86935.865.37$78,264
Dec 200827613,58137.105.98$91,415
Nov 200821613,57955.496.86$105,143
Oct 200823613,42875.246.92$110,705
Sep 200821210,949101.767.88$107,819
Aug 200824914,435114.228.48$150,893
Jul 200826615,284131.0811.39$208,943
Jun 200826616,011131.3313.03$243,599
May 200830718,307123.1711.57$249,704
Apr 200836819,403110.3110.45$243,450
Mar 200844023,343101.909.66$270,424
Feb 200862424,83192.538.77$275,521
Jan 200884734,06390.388.21$356,064
Dec 200780238,18188.337.30$349,637
Nov 2007012,34191.677.29$89,987

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            33 bbl  × $106.41 =     $3,512
Gas                1,873 Mcf  × $  3.05 =     $5,705

────────────────────────────────────────────────────
Month total                                   $9,216

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/234511 is the state's own key, not one this site invented.