METCALF UNIT 1

Operated by R. LACY SERVICES, LTD. (P-5 687208) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 236218District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
May 2008 – May 2026
Value, last 12 filed months
$110 k
at the published price for each month
Months reported
217
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
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 40 acres. The field rule took effect on 2011-02-08.

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 Gas112008-06-30183627
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
CondensateDisposition15,778 bbl$1,262,119
GasProduction1,148,371 Mcf$5,228,628
Total$6,490,747

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 32.2413, -94.3559. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.24128, -94.35589 · 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
9,830 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 9,830 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-36537009129,830 ftMay 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 (217)

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

217 months

May 2026222,797106.413.05$10,860
Apr 2026232,36598.932.87$9,062
Mar 2026222,56889.753.15$10,062
Feb 2026151,70463.503.75$7,343
Jan 2026161,70959.138.00$14,615
Dec 2025182,12856.664.41$10,412
Nov 2025152,10858.593.93$9,156
Oct 202542,28259.383.30$7,779
Sep 202541,99862.743.08$6,399
Aug 202572,32063.933.01$7,442
Jul 2025261,98766.743.32$8,323
Jun 2025262,02466.483.13$8,061
May 2025372,50460.553.23$10,334
Apr 2025402,65862.363.54$11,912
Mar 2025472,74267.704.27$14,886
Feb 2025372,06070.884.34$11,565
Jan 2025362,40774.324.28$12,974
Dec 2024182,36668.993.12$8,627
Nov 2024162,55769.052.20$6,726
Oct 2024172,74571.372.28$7,476
Sep 2024142,50069.612.36$6,885
Aug 2024132,51575.632.06$6,173
Jul 2024162,38779.932.15$6,403
Jun 2024191,31978.082.63$4,958
May 20242099078.812.20$3,753
Apr 2024261,37284.451.66$4,472
Mar 2024361,85680.301.55$5,759
Feb 2024311,38676.091.78$4,831
Jan 2024391,84673.023.30$8,935
Dec 2023342,18771.262.61$8,132
Nov 202302,22077.892.81$6,233
Oct 202302,27985.443.09$7,036
Sep 202302,12889.042.74$5,820
Aug 202302,75180.522.67$7,353
Jul 202302,75874.852.64$7,286
Jun 202301,68468.962.26$3,803
May 202302,65470.622.23$5,912
Apr 202302,49278.122.24$5,577
Mar 202302,72172.852.39$6,512
Feb 202303,03575.112.47$7,483
Jan 202302,12176.533.39$7,185
Dec 202201,88276.415.73$10,782
Nov 202202,32085.005.65$13,099
Oct 202202,42287.185.86$14,202
Sep 202202,45184.888.16$20,009
Aug 202203,04394.529.13$27,774
Jul 202203,192101.587.54$24,074
Jun 202214,194115.097.98$33,571
May 202213,979109.378.43$33,664
Apr 202202,718104.226.84$18,585
Mar 202201,122108.885.08$5,696
Feb 202201,38291.054.86$6,715
Jan 202201,01981.844.54$4,624
Dec 202111,16871.323.90$4,625
Nov 202161,42277.435.24$7,911
Oct 202182,25179.795.71$13,500
Sep 2021122,81469.865.35$15,896
Aug 2021133,49166.024.22$15,592
Jul 202192,28470.783.98$9,732
Jun 2021143,25769.493.38$11,984
May 2021143,24763.483.02$10,687
Apr 2021152,92160.362.76$8,963
Mar 2021153,15961.302.72$9,502
Feb 2021142,70957.805.55$15,839
Jan 2021173,34250.412.81$10,249
Dec 2020193,34244.642.68$9,790
Nov 2020143,00338.772.71$8,671
Oct 2020153,44136.972.48$9,083
Sep 2020153,64537.091.99$7,814
Aug 2020293,23539.982.39$8,875
Jul 2020232,35738.371.83$5,184
Jun 2020262,87834.901.69$5,772
May 2020333,45416.921.81$6,827
Apr 2020343,21314.751.80$6,299
Mar 202003,32630.341.86$6,174
Feb 202003,28949.881.98$6,514
Jan 202003,63457.252.09$7,612
Dec 201903,25659.012.30$7,503
Nov 201973,33255.302.75$9,552
Oct 2019413,43053.472.42$10,488
Sep 2019343,36055.052.66$10,800
Aug 2019403,37353.112.30$9,897
Jul 2019464,47156.272.46$13,587
Jun 2019352,98952.782.49$9,294
May 2019373,22958.482.74$11,012
Apr 2019503,92362.632.75$13,923
Mar 2019143,30356.803.06$10,909
Feb 2019154,16650.852.79$12,395
Jan 2019133,67546.033.23$12,462
Dec 2018143,70346.594.19$16,151
Nov 2018133,77752.934.24$16,692
Oct 2018113,96061.443.40$14,132
Sep 2018104,04159.543.11$13,155
Aug 201863,88859.403.07$12,279
Jul 201873,82465.142.93$11,667
Jun 201873,99660.183.08$12,717
May 201883,66165.382.90$11,143
Apr 201894,57263.842.90$13,837
Mar 2018104,49961.222.79$13,150
Feb 2018103,92161.782.77$11,464
Jan 2018254,34762.874.01$19,000
Dec 2017193,38457.272.92$10,975
Nov 2017183,63355.423.12$12,327
Oct 2017214,59949.292.98$14,757
Sep 2017193,94747.523.09$13,088
Aug 2017345,58545.373.00$18,322
Jul 2017855,20643.873.09$19,801
Jun 2017784,89242.493.09$18,417
May 2017855,27745.373.26$21,077
Apr 2017713,98947.933.21$16,214
Mar 20171205,71046.772.98$22,649
Feb 2017994,89750.452.95$19,453
Jan 2017905,30849.413.42$22,594
Dec 2016935,87548.763.72$26,406
Nov 201605,34942.492.64$14,145
Oct 201606,76346.193.09$20,899
Sep 201605,65741.553.10$17,540
Aug 201606,74141.442.92$19,713
Jul 201607,94041.622.92$23,219
Jun 201606,14945.352.69$16,515
May 201604,82842.521.99$9,613
Apr 201604,86136.561.99$9,678
Mar 201604,04433.011.79$7,255
Feb 201603,11026.472.06$6,418
Jan 201603,31427.352.36$7,835
Dec 201503,57732.362.00$7,159
Nov 201503,13538.792.17$6,795
Oct 201503,37643.552.43$8,192
Sep 201503,35142.992.76$9,243
Aug 20151493,31840.162.87$15,515
Jul 20151024,20848.152.95$17,304
Jun 2015564,17556.152.88$15,180
May 20151574,84255.212.96$22,978
Apr 2015444,49949.822.71$14,369
Mar 20151114,38142.892.93$17,618
Feb 20151123,89844.662.98$16,603
Jan 2015865,52743.433.10$20,872
Dec 20141306,73854.693.59$31,308
Nov 2014475,08470.464.25$24,928
Oct 20141074,81378.303.90$27,153
Sep 20141062,77786.164.05$20,367
Aug 20141084,18389.394.04$26,533
Jul 20141083,82696.564.18$26,420
Jun 20141164,07198.164.74$30,670
May 20141124,47594.734.73$31,761
Apr 20141663,97095.944.81$35,018
Mar 20141664,17395.895.06$37,020
Feb 20141374,15397.406.19$39,059
Jan 20142694,31390.404.86$45,282
Dec 20132874,67491.824.35$46,705
Nov 20131614,70488.853.74$31,890
Oct 20131484,35097.423.78$30,858
Sep 20131074,321104.113.72$27,204
Aug 2013554,816104.253.52$22,699
Jul 20131014,471102.523.72$26,977
Jun 2013493,80194.403.93$19,576
May 20131564,41994.834.15$33,128
Apr 20131774,00293.964.28$33,770
Mar 20131184,73593.623.91$29,575
Feb 2013944,37691.233.42$23,541
Jan 2013584,86091.603.42$21,934
Dec 2012564,73386.773.42$21,047
Nov 20121126,32886.953.62$32,677
Oct 2012452,56189.383.40$12,729
Sep 2012455,15894.672.92$19,313
Aug 2012805,84192.662.91$24,399
Jul 2012905,57585.133.02$24,503
Jun 2012905,28679.822.52$20,499
May 20121105,96591.612.49$24,920
Apr 2012835,934101.652.00$20,286
Mar 20121265,600105.052.22$25,680
Feb 20121115,987101.102.57$26,610
Jan 2012946,74498.092.73$27,659
Dec 2011977,51296.873.24$33,733
Nov 20111065,88995.723.31$29,646
Oct 2011806,57184.983.65$30,773
Sep 2011805,59583.623.99$28,990
Aug 20111476,61983.404.15$39,724
Jul 2011736,60494.144.52$36,704
Jun 2011757,05892.904.64$39,716
May 20111657,58898.134.40$49,615
Apr 20111347,100105.964.33$44,965
Mar 20112287,72896.364.06$53,325
Feb 20111336,71385.644.18$39,450
Jan 20111417,72086.504.59$47,622
Dec 20101057,49785.734.35$41,597
Nov 20101027,52380.843.80$36,798
Oct 2010907,94878.103.51$34,918
Sep 2010918,71272.633.98$41,278
Aug 2010648,84873.684.42$43,818
Jul 20101048,70072.554.74$48,753
Jun 2010988,57770.364.91$49,012
May 20101328,99971.124.24$47,501
Apr 20101098,82981.694.12$45,303
Mar 201018010,13778.394.39$58,598
Feb 20101469,44473.585.44$62,140
Jan 201017010,66474.365.96$76,242
Dec 200919611,12371.445.48$74,998
Nov 200919511,67374.593.75$58,336
Oct 200927011,29872.544.11$66,023
Sep 200921712,18165.543.06$51,554
Aug 200933412,23667.423.22$61,900
Jul 200916713,56261.133.46$57,194
Jun 200917512,81966.163.90$61,508
May 200917614,51554.743.93$66,617
Apr 200920413,22146.773.59$56,971
Mar 200938317,00342.144.06$85,155
Feb 2009789,28832.814.63$45,590
Jan 200927317,88035.865.37$105,823
Dec 200825718,56937.105.98$120,524
Nov 200820518,09955.496.86$135,541
Oct 200829018,33375.246.92$148,720
Sep 200834719,994101.767.88$192,805
Aug 200842925,354114.228.48$264,079
Jul 200857529,896131.0811.39$415,869
Jun 200871639,319131.3313.03$606,462
May 20081639,739123.1711.57$132,799

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            22 bbl  × $106.41 =     $2,341
Gas                2,797 Mcf  × $  3.05 =     $8,519

────────────────────────────────────────────────────
Month total                                  $10,860

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/236218 is the state's own key, not one this site invented.