SANDERS GAS UNIT

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 245289District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.5 M
Sep 2008 – May 2026
Value, last 12 filed months
$195 k
at the published price for each month
Months reported
213
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 Gas112009-03-17190237
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
CondensateDisposition43,454 bbl$2,983,274
GasProduction3,570,223 Mcf$14,479,563
Total$17,462,836

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 32.6824, -94.2991. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.68238, -94.29913 · 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
13,103 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 13,103 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-203343725H13,103 ftSep 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 (213)

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

213 months

May 2026184,039106.413.05$14,218
Apr 2026183,84898.932.87$12,823
Mar 2026153,90489.753.15$13,642
Feb 2026153,58963.503.75$14,412
Jan 2026194,06159.138.00$33,603
Dec 2025194,11256.664.41$19,224
Nov 2025193,96858.593.93$16,693
Oct 2025184,20359.383.30$14,959
Sep 2025184,15362.743.08$13,908
Aug 2025174,19263.933.01$13,725
Jul 2025164,04066.743.32$14,461
Jun 2025163,89466.483.13$13,247
May 2025184,08460.553.23$14,291
Apr 2025163,26162.363.54$12,552
Mar 2025193,90767.704.27$17,963
Feb 2025163,71870.884.34$17,273
Jan 2025203,91974.324.28$18,255
Dec 2024193,89668.993.12$13,472
Nov 2024143,60869.052.20$8,899
Oct 2024194,19671.372.28$10,929
Sep 2024194,21869.612.36$11,295
Aug 2024164,33475.632.06$10,154
Jul 2024184,16279.932.15$10,373
Jun 2024174,08078.082.63$12,074
May 2024204,28078.812.20$10,986
Apr 2024194,30984.451.66$8,754
Mar 2024224,49080.301.55$8,704
Feb 2024234,33776.091.78$9,486
Jan 2024224,69673.023.30$17,092
Dec 2023203,87571.262.61$11,542
Nov 2023194,50877.892.81$14,136
Oct 2023204,56585.443.09$15,802
Sep 2023143,27989.042.74$10,215
Aug 2023112,85180.522.67$8,506
Jul 2023123,01874.852.64$8,871
Jun 2023102,63668.962.26$6,643
May 2023142,91770.622.23$7,486
Apr 2023142,84778.122.24$7,465
Mar 2023152,92972.852.39$8,102
Feb 2023112,63775.112.47$7,328
Jan 2023152,84476.533.39$10,783
Dec 2022152,89076.415.73$17,703
Nov 2022122,82985.005.65$16,993
Oct 2022132,99187.185.86$18,672
Sep 2022102,89584.888.16$24,483
Aug 2022133,02994.529.13$28,875
Jul 2022133,284101.587.54$26,089
Jun 2022194,597115.097.98$38,858
May 2022214,727109.378.43$42,160
Apr 2022234,946104.226.84$36,216
Mar 2022234,631108.885.08$26,013
Feb 2022264,86991.054.86$26,025
Jan 2022295,44581.844.54$27,081
Dec 2021234,64071.323.90$19,732
Nov 2021224,40077.435.24$24,746
Oct 2021214,75979.795.71$28,868
Sep 2021214,86769.865.35$27,510
Aug 2021235,20166.024.22$23,470
Jul 2021276,20770.783.98$26,628
Jun 2021286,22369.493.38$22,983
May 2021286,03163.483.02$19,977
Apr 2021356,53860.362.76$20,147
Mar 2021316,76461.302.72$20,278
Feb 2021275,31157.805.55$31,026
Jan 2021295,28850.412.81$16,323
Dec 2020326,43844.642.68$18,653
Nov 2020305,94138.772.71$17,243
Oct 2020295,96136.972.48$15,846
Sep 2020256,47837.091.99$13,825
Aug 2020266,58039.982.39$16,733
Jul 2020276,72738.371.83$13,314
Jun 2020287,14134.901.69$13,048
May 2020337,58216.921.81$14,318
Apr 2020336,16814.751.80$11,616
Mar 2020336,97630.341.86$13,950
Feb 2020295,48449.881.98$12,309
Jan 2020296,04357.252.09$14,319
Dec 2019327,41159.012.30$18,966
Nov 2019387,74555.302.75$23,406
Oct 2019348,72353.472.42$22,915
Sep 2019317,95655.052.66$22,848
Aug 2019369,84353.112.30$24,594
Jul 2019338,24456.272.46$22,138
Jun 2019328,13952.782.49$21,965
May 2019408,34858.482.74$25,215
Apr 2019428,47262.632.75$25,934
Mar 2019408,97856.803.06$29,764
Feb 2019377,81950.852.79$23,714
Jan 2019438,89446.033.23$30,691
Dec 2018409,01946.594.19$39,612
Nov 2018359,04852.934.24$40,191
Oct 2018389,97661.443.40$36,234
Sep 2018318,27059.543.11$27,549
Aug 2018359,47659.403.07$31,138
Jul 2018429,17465.142.93$29,633
Jun 2018409,81560.183.08$32,607
May 20183910,44265.382.90$32,840
Apr 2018287,62263.842.90$23,897
Mar 20184510,00461.222.79$30,634
Feb 2018429,44561.782.77$28,721
Jan 20182510,18462.874.01$42,403
Dec 20172410,25757.272.92$31,341
Nov 20172410,01555.423.12$32,560
Oct 20171610,72149.292.98$32,777
Sep 20173510,03347.523.09$32,638
Aug 20173310,05045.373.00$31,691
Jul 20173612,38743.873.09$39,821
Jun 20173511,75142.493.09$37,766
May 20173910,65845.373.26$36,551
Apr 20173910,88147.933.21$36,815
Mar 20174210,39546.772.98$32,980
Feb 20173910,49150.452.95$32,943
Jan 20174111,39249.413.42$40,973
Dec 20164311,62048.763.72$45,356
Nov 20164011,21842.492.64$31,364
Oct 20163113,19946.193.09$42,220
Sep 20168511,30041.553.10$38,569
Aug 20168312,77341.442.92$40,792
Jul 20168314,50741.622.92$45,878
Jun 20167713,57045.352.69$39,939
May 20167414,05842.521.99$31,137
Apr 20167713,19136.561.99$29,079
Mar 20168714,59833.011.79$29,061
Feb 20167113,77026.472.06$30,296
Jan 20168813,08327.352.36$33,340
Dec 20158711,28932.362.00$25,409
Nov 201519011,94038.792.17$33,248
Oct 201521912,45043.552.43$39,748
Sep 201522912,24242.992.76$43,613
Aug 201522912,94440.162.87$46,378
Jul 201526413,60948.152.95$52,791
Jun 201525713,77056.152.88$54,128
May 201527214,79655.212.96$58,746
Apr 201529415,35649.822.71$56,209
Mar 201534510,98642.892.93$47,038
Feb 201531911,94544.662.98$49,797
Jan 201540113,06443.433.10$57,922
Dec 201438614,76354.693.59$74,130
Nov 201426412,40870.464.25$71,358
Oct 20146012,64978.303.90$54,041
Sep 20146113,22286.164.05$58,745
Aug 20146514,64089.394.04$64,885
Jul 20146216,93396.564.18$76,760
Jun 20146715,90198.164.74$81,898
May 20147517,86794.734.73$91,554
Apr 20147418,46295.944.81$95,886
Mar 20148115,94695.895.06$88,403
Feb 20147917,21497.406.19$114,284
Jan 20149415,95290.404.86$86,036
Dec 201315120,46491.824.35$102,975
Nov 201314625,14688.853.74$106,975
Oct 201315510,83497.423.78$56,046
Sep 2013817,742104.113.72$66,793
Aug 201311320,403104.253.52$83,652
Jul 201317824,432102.523.72$109,080
Jun 201315116,01594.403.93$77,248
May 201318419,78194.834.15$99,522
Apr 201318622,12793.964.28$112,237
Mar 201321524,70393.623.91$116,788
Feb 201322623,04291.233.42$99,420
Jan 201322922,45991.603.42$97,784
Dec 201219924,95486.773.42$102,614
Nov 201214224,79086.953.62$102,210
Oct 201228329,32389.383.40$124,983
Sep 201225612,44294.672.92$60,546
Aug 201253324,36092.662.91$120,231
Jul 201253326,61285.133.02$125,764
Jun 201253627,28979.822.52$111,526
May 201266530,00091.612.49$135,570
Apr 201231013,668101.652.00$58,804
Mar 201236416,434105.052.22$74,756
Feb 201232819,249101.102.57$82,635
Jan 201238121,27398.092.73$95,534
Dec 201155121,15096.873.24$121,896
Nov 201143121,78695.723.31$113,395
Oct 201140224,24584.983.65$122,621
Sep 201135822,28383.623.99$118,752
Aug 201139524,28283.404.15$133,697
Jul 201136524,29394.144.52$144,098
Jun 201139225,71192.904.64$155,713
May 201148128,67098.134.40$173,487
Apr 201147225,296105.964.33$159,628
Mar 201158230,45496.364.06$179,644
Feb 201151626,69385.644.18$155,766
Jan 201162631,69786.504.59$199,600
Dec 201066038,70185.734.35$224,844
Nov 201085042,14580.843.80$228,668
Oct 201091545,91878.103.51$232,583
Sep 201084748,70372.633.98$255,330
Aug 201054550,44073.684.42$263,068
Jul 201048856,37072.554.74$302,400
Jun 201078846,31570.364.91$282,869
May 201098057,98371.124.24$315,268
Apr 201072421,90981.694.12$149,468
Mar 2010725878.394.39$1,681
Feb 20108294473.585.44$11,171
Jan 201069026,70174.365.96$210,556
Dec 200946618,06171.445.48$132,333
Nov 200967336,18074.593.75$185,928
Oct 200954644,01172.544.11$220,503
Sep 200958355,75565.543.06$209,085
Aug 200975252,94767.423.22$221,110
Jul 200995455,03861.133.46$248,997
Jun 20091,10860,19166.163.90$307,749
May 20091,08760,26654.743.93$296,092
Apr 20091,19872,22046.773.59$315,120
Mar 20091,43081,04142.144.06$389,206
Feb 20091,27078,61632.814.63$405,897
Jan 20091,32899,03435.865.37$579,534
Dec 20081,644119,47937.105.98$775,135
Nov 20081,567141,85255.496.86$1,060,109
Oct 20081,04993,14675.246.92$723,682
Sep 2008055,299101.767.88$435,595

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            18 bbl  × $106.41 =     $1,915
Gas                4,039 Mcf  × $  3.05 =    $12,302

────────────────────────────────────────────────────
Month total                                  $14,218

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/245289 is the state's own key, not one this site invented.