FINDLEY GAS UNIT "B"

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 237532District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$29.2 M
Dec 2007 – May 2026
Value, last 12 filed months
$153 k
at the published price for each month
Months reported
222
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 Gas112008-08-18185154
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
CondensateDisposition44,743 bbl$3,756,917
GasProduction4,511,693 Mcf$25,447,614
Total$29,204,531

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 32.6837, -94.3113. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.68368, -94.31129 · 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
9,759 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 9,759 ft.

Completions filed
Dec 2007
1 of 1 wells

1 well

42-2033352849,759 ftDec 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 (222)

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

222 months

May 202633,301106.413.05$10,374
Apr 202633,09898.932.87$9,187
Mar 202633,23989.753.15$10,470
Feb 202633,07163.503.75$11,708
Jan 202633,41959.138.00$27,522
Dec 202543,44956.664.41$15,448
Nov 202533,37158.593.93$13,412
Oct 202543,51659.383.30$11,857
Sep 202533,35162.743.08$10,499
Aug 202533,45463.933.01$10,605
Jul 202533,36266.743.32$11,346
Jun 202533,33166.483.13$10,621
May 202533,40660.553.23$11,191
Apr 202533,31662.363.54$11,936
Mar 202543,45067.704.27$14,997
Feb 202533,10770.884.34$13,700
Jan 202543,43174.324.28$14,977
Dec 202433,52168.993.12$11,197
Nov 202433,60769.052.20$8,137
Oct 202433,51171.372.28$8,224
Sep 202433,32469.612.36$8,068
Aug 202433,59275.632.06$7,639
Jul 202433,56779.932.15$7,897
Jun 202433,46478.082.63$9,358
May 202433,66178.812.20$8,285
Apr 202433,49284.451.66$6,047
Mar 202453,71780.301.55$6,145
Feb 202443,45376.091.78$6,463
Jan 202443,64273.023.30$12,302
Dec 202333,40071.262.61$9,090
Nov 202333,71077.892.81$10,650
Oct 202343,79885.443.09$12,067
Sep 202333,68589.042.74$10,346
Aug 202333,87280.522.67$10,591
Jul 202333,86574.852.64$10,435
Jun 202333,66368.962.26$8,480
May 202354,01170.622.23$9,287
Apr 202353,92878.122.24$9,181
Mar 202353,84672.852.39$9,568
Feb 202333,52275.112.47$8,909
Jan 202353,90376.533.39$13,605
Dec 202253,77876.415.73$22,027
Nov 202243,83285.005.65$21,976
Oct 202254,19787.185.86$25,046
Sep 202234,13684.888.16$34,020
Aug 202254,44394.529.13$41,025
Jul 202244,420101.587.54$33,742
Jun 202254,527115.097.98$36,688
May 202254,583109.378.43$39,195
Apr 202254,144104.226.84$28,856
Mar 202254,767108.885.08$24,744
Feb 202254,20791.054.86$20,896
Jan 202275,46781.844.54$25,380
Dec 202165,55971.323.90$22,103
Nov 202165,25177.435.24$27,963
Oct 202145,15979.795.71$29,797
Sep 202155,12169.865.35$27,751
Aug 202155,26166.024.22$22,535
Jul 202155,38570.783.98$21,797
Jun 202155,02969.493.38$17,349
May 202165,13163.483.02$15,865
Apr 202165,46560.362.76$15,437
Mar 202165,30761.302.72$14,787
Feb 202154,06557.805.55$22,841
Jan 202176,14150.412.81$17,611
Dec 202076,10044.642.68$16,633
Nov 202065,64538.772.71$15,511
Oct 202065,86736.972.48$14,763
Sep 202056,12837.091.99$12,387
Aug 202056,01539.982.39$14,546
Jul 202065,93338.371.83$11,059
Jun 202055,94434.901.69$10,222
May 202065,82416.921.81$10,671
Apr 202075,78914.751.80$10,549
Mar 202065,92530.341.86$11,180
Feb 202065,58549.881.98$11,361
Jan 202065,84357.252.09$12,583
Dec 201996,28059.012.30$15,002
Nov 201986,97355.302.75$19,623
Oct 201977,70853.472.42$19,016
Sep 20191414,17155.052.66$38,427
Aug 201978,07353.112.30$18,975
Jul 201977,89756.272.46$19,821
Jun 201977,55652.782.49$19,193
May 201997,81658.482.74$21,945
Apr 201987,65062.632.75$21,544
Mar 201977,61256.803.06$23,706
Feb 201987,34050.852.79$20,902
Jan 201998,49546.033.23$27,838
Dec 201888,55246.594.19$36,167
Nov 201888,51952.934.24$36,520
Oct 201888,98961.443.40$31,037
Sep 201867,37959.543.11$23,291
Aug 201877,91859.403.07$24,697
Jul 201887,83065.142.93$23,478
Jun 201888,96960.183.08$28,078
May 201879,12065.382.90$26,913
Apr 201856,45763.842.90$19,050
Mar 201899,24661.222.79$26,318
Feb 201898,21561.782.77$23,280
Jan 201858,48862.874.01$34,345
Dec 201748,39557.272.92$24,755
Nov 201758,46055.423.12$26,658
Oct 201738,96949.292.98$26,909
Sep 201778,29547.523.09$25,942
Aug 201768,27345.373.00$25,128
Jul 2017710,41643.873.09$32,464
Jun 201779,45942.493.09$29,500
May 201779,28945.373.26$30,631
Apr 201779,20247.933.21$29,889
Mar 201789,11646.772.98$27,573
Feb 201779,06350.452.95$27,113
Jan 201789,71349.413.42$33,602
Dec 201689,80948.763.72$36,907
Nov 201679,40542.492.64$25,168
Oct 201669,99346.193.09$31,158
Sep 20162310,25541.553.10$32,753
Aug 20162210,91841.442.92$32,840
Jul 20162211,49641.622.92$34,534
Jun 20162111,06545.352.69$30,671
May 20162011,16942.521.99$23,088
Apr 20162110,53436.561.99$21,741
Mar 20162311,99533.011.79$22,278
Feb 20161910,69726.472.06$22,578
Jan 20162410,91327.352.36$26,459
Dec 2015239,89032.362.00$20,538
Nov 20151510,24538.792.17$22,786
Oct 20151810,14643.552.43$25,404
Sep 20151810,72842.992.76$30,366
Aug 20151810,95240.162.87$32,182
Jul 20152111,10848.152.95$33,725
Jun 20152110,63956.152.88$31,850
May 20152211,22655.212.96$34,393
Apr 20152410,70249.822.71$30,161
Mar 20152711,64742.892.93$35,339
Feb 20152510,51944.662.98$32,423
Jan 20153212,65543.433.10$40,628
Dec 20144812,88654.693.59$48,903
Nov 201446510,33170.464.25$76,690
Oct 201440211,12178.303.90$74,859
Sep 201440912,41786.164.05$85,472
Aug 201443213,79289.394.04$94,269
Jul 201441912,81496.564.18$94,016
Jun 201445212,62198.164.74$104,152
May 201447317,80894.734.73$128,978
Apr 201410095.944.81$959
Mar 20144263,83195.895.06$60,222
Feb 201452511,83897.406.19$124,436
Jan 201461513,75890.404.86$122,470
Dec 201342514,22291.824.35$100,953
Nov 201341014,94788.853.74$92,305
Oct 201344214,76697.423.78$98,866
Sep 201338015,563104.113.72$97,421
Aug 201348417,987104.253.52$113,818
Jul 201350222,011102.523.72$133,296
Jun 201342617,34994.403.93$108,455
May 201351817,75094.834.15$122,768
Apr 201352516,53593.964.28$120,142
Mar 201360818,72493.623.91$130,186
Feb 201363819,85791.233.42$126,114
Jan 201364719,64991.603.42$126,463
Dec 201256120,06086.773.42$117,286
Nov 201237718,46486.953.62$99,711
Oct 201226522,07289.383.40$98,723
Sep 201227619,09294.672.92$81,847
Aug 201233420,81992.662.91$91,493
Jul 201231021,07585.133.02$90,054
Jun 201229321,44479.822.52$77,406
May 201232820,54991.612.49$81,181
Apr 201234722,006101.652.00$79,214
Mar 201235922,816105.052.22$88,412
Feb 201245722,740101.102.57$104,650
Jan 201251625,33598.092.73$119,882
Dec 201121021,99996.873.24$91,614
Nov 201117724,45095.723.31$97,903
Oct 201116326,92784.983.65$112,096
Sep 201115125,93783.623.99$116,006
Aug 201116427,49783.404.15$127,771
Jul 201115728,68394.144.52$144,348
Jun 201116529,74792.904.64$153,351
May 201119431,93298.134.40$159,692
Apr 201118027,043105.964.33$136,258
Mar 201119227,51596.364.06$130,139
Feb 201117725,27185.644.18$120,791
Jan 201120228,40986.504.59$147,836
Dec 201017628,45485.734.35$138,799
Nov 201022929,08280.843.80$128,888
Oct 201023229,87978.103.51$122,961
Sep 201021831,37972.633.98$140,705
Aug 201019243,23873.684.42$205,231
Jul 201017450,43372.554.74$251,499
Jun 201025837,93570.364.91$204,429
May 201026737,32771.124.24$177,077
Apr 201039931,93481.694.12$164,248
Mar 201034939,11678.394.39$199,025
Feb 201028234,90973.585.44$210,737
Jan 201032733,68474.365.96$225,210
Dec 200937544,91871.445.48$273,109
Nov 200930642,65574.593.75$182,845
Oct 200957142,96672.544.11$218,021
Sep 200963757,42765.543.06$217,748
Aug 200983455,54767.423.22$235,006
Jul 20091,03856,74061.133.46$260,029
Jun 20091,15258,79766.163.90$305,231
May 20091,19963,46254.743.93$314,769
Apr 20091,13164,59946.773.59$284,646
Mar 20091,29269,14242.144.06$335,092
Feb 20091,12967,03332.814.63$347,606
Jan 200998070,16635.865.37$412,004
Dec 20081,00870,23937.105.98$457,225
Nov 200880971,75055.496.86$537,122
Oct 200890575,04875.246.92$587,573
Sep 200860445,707101.767.88$421,501
Aug 200889977,058114.228.48$756,368
Jul 20081,224106,362131.0811.39$1,371,844
Jun 20081,271115,642131.3313.03$1,674,040
May 20081,465131,452123.1711.57$1,701,908
Apr 20081,889151,956110.3110.45$1,797,054
Mar 20081,887165,211101.909.66$1,788,896
Feb 2008323176,76892.538.77$1,580,245
Jan 2008397252,90590.388.21$2,111,151
Dec 20070131,30688.337.30$958,792

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             3 bbl  × $106.41 =       $319
Gas                3,301 Mcf  × $  3.05 =    $10,054

────────────────────────────────────────────────────
Month total                                  $10,374

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/237532 is the state's own key, not one this site invented.