RICKS

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

Gas lease lease 235880District 06Field 259985002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.7 M
Mar 2008 – May 2026
Value, last 12 filed months
$109 k
at the published price for each month
Months reported
219
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 89 leases and 89 wells, and the rule below applies to all of them.

Discovered
1983-02-17
as the register files it
Field class
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: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFF. 10-1-94.

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 Gas112008-09-11184101
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
CondensateDisposition69 bbl$4,570
GasProduction1,627,572 Mcf$7,711,875
Total$7,716,445

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 31.5132, -94.9284. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.51325, -94.92845 · 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
11,900 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 11,900 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-07331325111,900 ftMar 2008

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 (219)

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

219 months

May 202603,028106.413.05$9,223
Apr 202602,65598.932.87$7,619
Mar 202602,39589.753.15$7,543
Feb 202602,31363.503.75$8,674
Jan 202602,10259.138.00$16,812
Dec 202502,62356.664.41$11,576
Nov 202502,74458.593.93$10,774
Oct 202502,30859.383.30$7,628
Sep 202502,32462.743.08$7,151
Aug 202502,40263.933.01$7,241
Jul 202502,30066.743.32$7,625
Jun 202502,33166.483.13$7,293
May 202502,73860.553.23$8,850
Apr 202502,49262.363.54$8,829
Mar 202502,52067.704.27$10,756
Feb 202502,70470.884.34$11,738
Jan 202502,84074.324.28$12,151
Dec 202402,94068.993.12$9,177
Nov 202402,56669.052.20$5,641
Oct 202402,61571.372.28$5,966
Sep 202402,56069.612.36$6,053
Aug 202402,77775.632.06$5,731
Jul 202402,82379.932.15$6,060
Jun 202402,48878.082.63$6,553
May 202402,98878.812.20$6,569
Apr 202403,33584.451.66$5,533
Mar 202402,79580.301.55$4,319
Feb 202402,97176.091.78$5,299
Jan 202403,51373.023.30$11,585
Dec 202303,43971.262.61$8,978
Nov 202302,80577.892.81$7,875
Oct 202302,59985.443.09$8,024
Sep 202343,21489.042.74$9,147
Aug 202332,39280.522.67$6,635
Jul 202302,44874.852.64$6,467
Jun 202302,91868.962.26$6,590
May 202302,54170.622.23$5,660
Apr 202302,56678.122.24$5,742
Mar 202302,72472.852.39$6,519
Feb 202302,63275.112.47$6,490
Jan 202303,22176.533.39$10,912
Dec 202202,59676.415.73$14,873
Nov 202202,02585.005.65$11,434
Oct 202201,67887.185.86$9,839
Sep 202242,64484.888.16$21,924
Aug 202202,92294.529.13$26,670
Jul 202253,832101.587.54$29,409
Jun 202203,460115.097.98$27,601
May 202203,665109.378.43$30,907
Apr 202203,657104.226.84$25,005
Mar 202204,015108.885.08$20,382
Feb 202203,70091.054.86$17,978
Jan 202203,85481.844.54$17,488
Dec 202103,76171.323.90$14,665
Nov 202104,02077.435.24$21,052
Oct 202104,28179.795.71$24,461
Sep 202104,42969.865.35$23,699
Aug 202104,57166.024.22$19,292
Jul 202104,33470.783.98$17,258
Jun 202104,34869.493.38$14,699
May 202103,84763.483.02$11,609
Apr 202103,98960.362.76$11,003
Mar 202104,24661.302.72$11,536
Feb 202103,36757.805.55$18,680
Jan 202104,35650.412.81$12,242
Dec 202004,53244.642.68$12,125
Nov 202004,24038.772.71$11,476
Oct 202004,37436.972.48$10,841
Sep 202004,35937.091.99$8,679
Aug 202003,96639.982.39$9,459
Jul 202004,29138.371.83$7,832
Jun 202004,28134.901.69$7,236
May 202004,72816.921.81$8,580
Apr 202004,52814.751.80$8,170
Mar 202004,50030.341.86$8,353
Feb 202004,20949.881.98$8,337
Jan 202004,34857.252.09$9,108
Dec 201904,69359.012.30$10,814
Nov 201904,73655.302.75$13,027
Oct 201904,25553.472.42$10,291
Sep 201903,47555.052.66$9,234
Aug 201904,55653.112.30$10,499
Jul 201904,81156.272.46$11,835
Jun 201904,66652.782.49$11,624
May 201905,04758.482.74$13,830
Apr 201904,93162.632.75$13,564
Mar 201905,28256.803.06$16,174
Feb 201904,77250.852.79$13,324
Jan 201904,18646.033.23$13,513
Dec 201805,00946.594.19$20,965
Nov 201804,83252.934.24$20,474
Oct 2018295,29161.443.40$19,761
Sep 201805,05759.543.11$15,717
Aug 201805,21159.403.07$15,980
Jul 201805,21365.142.93$15,284
Jun 201804,88560.183.08$15,031
May 201805,34065.382.90$15,490
Apr 201807,05163.842.90$20,454
Mar 201804,44061.222.79$12,374
Feb 201804,61461.782.77$12,763
Jan 201805,10562.874.01$20,468
Dec 201705,38957.272.92$15,744
Nov 201765,10155.423.12$16,239
Oct 201705,46749.292.98$16,312
Sep 201705,43147.523.09$16,767
Aug 201705,12845.373.00$15,407
Jul 201705,59243.873.09$17,264
Jun 201705,23842.493.09$16,171
May 201705,77245.373.26$18,836
Apr 201705,58347.933.21$17,930
Mar 201705,69946.772.98$17,004
Feb 201705,31250.452.95$15,684
Jan 201705,90849.413.42$20,198
Dec 201605,89548.763.72$21,946
Nov 201605,83842.492.64$15,438
Oct 201606,07446.193.09$18,770
Sep 201605,70041.553.10$17,674
Aug 201606,16641.442.92$18,031
Jul 201606,09941.622.92$17,836
Jun 201605,98045.352.69$16,061
May 201606,33342.521.99$12,609
Apr 201606,13036.561.99$12,205
Mar 201606,28633.011.79$11,277
Feb 201605,97126.472.06$12,322
Jan 201606,56927.352.36$15,531
Dec 201507,03332.362.00$14,076
Nov 201505,44138.792.17$11,792
Oct 201506,90443.552.43$16,753
Sep 201506,73842.992.76$18,586
Aug 201506,99340.162.87$20,087
Jul 201506,98248.152.95$20,563
Jun 2015186,90956.152.88$20,928
May 201507,43555.212.96$21,974
Apr 201507,22849.822.71$19,563
Mar 201507,43042.892.93$21,805
Feb 201507,03744.662.98$20,943
Jan 201508,19443.433.10$25,407
Dec 201406,24654.693.59$22,432
Nov 201406,94970.464.25$29,546
Oct 201407,01278.303.90$27,354
Sep 201406,96486.164.05$28,172
Aug 201407,05189.394.04$28,452
Jul 201406,85896.564.18$28,664
Jun 201407,65698.164.74$36,266
May 201406,99194.734.73$33,043
Apr 201407,12095.944.81$34,241
Mar 201407,34595.895.06$37,142
Feb 201407,07097.406.19$43,777
Jan 201407,80990.404.86$37,957
Dec 201308,24191.824.35$35,885
Nov 201307,59588.853.74$28,392
Oct 201307,85697.423.78$29,691
Sep 201307,289104.113.72$27,099
Aug 201307,861104.253.52$27,691
Jul 201307,688102.523.72$28,582
Jun 201307,75494.403.93$30,500
May 201307,91294.834.15$32,828
Apr 201307,73093.964.28$33,104
Mar 201308,01493.623.91$31,358
Feb 201307,52091.233.42$25,718
Jan 201308,32891.603.42$28,481
Dec 201208,21186.773.42$28,083
Nov 201208,23986.953.62$29,866
Oct 201208,60289.383.40$29,244
Sep 201208,48494.672.92$24,760
Aug 201208,92592.662.91$25,955
Jul 201209,00185.133.02$27,190
Jun 201208,73579.822.52$22,004
May 201208,93991.612.49$22,243
Apr 201208,814101.652.00$17,600
Mar 201209,257105.052.22$20,570
Feb 201208,764101.102.57$22,526
Jan 201209,66698.092.73$26,428
Dec 201109,57696.873.24$31,024
Nov 201109,51895.723.31$31,517
Oct 201109,76284.983.65$35,617
Sep 201109,66783.623.99$38,531
Aug 201109,98683.404.15$41,435
Jul 2011010,21994.144.52$46,162
Jun 2011010,05092.904.64$46,631
May 2011010,22798.134.40$45,048
Apr 2011010,160105.964.33$44,026
Mar 2011010,86396.364.06$44,075
Feb 201109,83785.644.18$41,118
Jan 2011011,29486.504.59$51,826
Dec 2010010,44185.734.35$45,395
Nov 2010011,26380.843.80$42,747
Oct 2010011,94178.103.51$41,900
Sep 2010011,65972.633.98$46,397
Aug 2010012,20273.684.42$53,925
Jul 2010012,32972.554.74$58,396
Jun 2010012,33670.364.91$60,575
May 2010012,29771.124.24$52,081
Apr 2010012,57981.694.12$51,859
Mar 2010013,26978.394.39$58,233
Feb 2010012,31373.585.44$67,012
Jan 2010013,68974.365.96$81,642
Dec 2009013,99471.445.48$76,740
Nov 2009013,91974.593.75$52,217
Oct 2009014,66172.544.11$60,260
Sep 2009014,48565.543.06$44,393
Aug 2009015,23467.423.22$49,031
Jul 2009015,54261.133.46$53,845
Jun 2009015,59166.163.90$60,727
May 2009017,15654.743.93$67,350
Apr 2009017,50746.773.59$62,806
Mar 2009019,00442.144.06$77,137
Feb 2009013,48332.814.63$62,467
Jan 2009014,65135.865.37$78,691
Dec 2008019,05737.105.98$113,906
Nov 2008019,71155.496.86$135,225
Oct 2008021,97275.246.92$152,090
Sep 2008022,510101.767.88$177,313
Aug 2008025,877114.228.48$219,515
Jul 2008029,198131.0811.39$332,549
Jun 2008033,077131.3313.03$431,080
May 2008035,860123.1711.57$415,054
Apr 2008042,445110.3110.45$443,757
Mar 2008049,580101.909.66$479,145

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                3,028 Mcf  × $  3.05 =     $9,223

────────────────────────────────────────────────────
Month total                                   $9,223

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/235880 is the state's own key, not one this site invented.