TIMBERSTAR-MILLS B

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

Gas lease lease 248060District 06Field 028703002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.0 M
May 2009 – May 2026
Value, last 12 filed months
$70 k
at the published price for each month
Months reported
205
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 169 leases and 169 wells, and the rule below applies to all of them.

Discovered
1981-06-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-03-11.

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 Gas112010-01-27195998
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
CondensateDisposition772 bbl$56,054
GasProduction2,094,710 Mcf$7,961,207
Total$8,017,262

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 31.6179, -94.2861. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.61785, -94.28609 · 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
7,399 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 7,399 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-405302508H7,399 ftMay 2009

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 (205)

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

205 months

May 202601,273106.413.05$3,877
Apr 202601,33798.932.87$3,837
Mar 202601,53889.753.15$4,844
Feb 202601,13463.503.75$4,253
Jan 202601,74659.138.00$13,964
Dec 202501,40256.664.41$6,188
Nov 202501,61258.593.93$6,329
Oct 202501,59359.383.30$5,265
Sep 202521,66962.743.08$5,261
Aug 202501,75763.933.01$5,297
Jul 202501,72366.743.32$5,712
Jun 202501,72766.483.13$5,403
May 202501,63160.553.23$5,272
Apr 202502,15362.363.54$7,628
Mar 202502,24467.704.27$9,578
Feb 202501,70770.884.34$7,410
Jan 202533,29374.324.28$14,313
Dec 202401,60868.993.12$5,019
Nov 2024612,27769.052.20$9,218
Oct 202401,90871.372.28$4,353
Sep 202431,94969.612.36$4,817
Aug 202402,29075.632.06$4,726
Jul 202402,00879.932.15$4,310
Jun 202402,00178.082.63$5,271
May 202402,03978.812.20$4,483
Apr 202402,30284.451.66$3,819
Mar 202402,10280.301.55$3,248
Feb 202401,73176.091.78$3,087
Jan 202401,94973.023.30$6,427
Dec 202302,34271.262.61$6,114
Nov 202302,40077.892.81$6,738
Oct 202302,29185.443.09$7,073
Sep 202302,19389.042.74$5,998
Aug 202302,27080.522.67$6,067
Jul 202302,42874.852.64$6,414
Jun 202302,24368.962.26$5,066
May 202302,37870.622.23$5,297
Apr 202302,41678.122.24$5,406
Mar 202302,32972.852.39$5,574
Feb 202302,24375.112.47$5,531
Jan 202302,55576.533.39$8,656
Dec 202202,39876.415.73$13,738
Nov 202202,48185.005.65$14,008
Oct 202202,56087.185.86$15,011
Sep 202202,40884.888.16$19,658
Aug 202212,53194.529.13$23,195
Jul 202202,500101.587.54$18,855
Jun 202202,443115.097.98$19,488
May 202202,525109.378.43$21,293
Apr 202202,391104.226.84$16,349
Mar 202202,492108.885.08$12,650
Feb 202202,17891.054.86$10,583
Jan 202202,57481.844.54$11,680
Dec 202102,70171.323.90$10,532
Nov 202102,61577.435.24$13,694
Oct 202102,23379.795.71$12,759
Sep 202102,55869.865.35$13,688
Aug 202102,71066.024.22$11,438
Jul 202132,84470.783.98$11,537
Jun 202132,63769.493.38$9,123
May 202102,63263.483.02$7,943
Apr 202102,77960.362.76$7,666
Mar 202102,97161.302.72$8,072
Feb 202102,62257.805.55$14,547
Jan 202162,75350.412.81$8,039
Dec 202002,86644.642.68$7,668
Nov 202002,83438.772.71$7,670
Oct 202003,07736.972.48$7,626
Sep 202002,80337.091.99$5,581
Aug 202002,89639.982.39$6,907
Jul 202002,90038.371.83$5,293
Jun 202002,99934.901.69$5,069
May 202003,02216.921.81$5,484
Apr 202002,89214.751.80$5,218
Mar 202032,97230.341.86$5,608
Feb 202002,83049.881.98$5,605
Jan 202002,94057.252.09$6,159
Dec 201933,02159.012.30$7,139
Nov 201902,88455.302.75$7,933
Oct 201903,03453.472.42$7,338
Sep 201903,12255.052.66$8,296
Aug 201903,07553.112.30$7,086
Jul 201903,08856.272.46$7,597
Jun 201903,04752.782.49$7,591
May 201903,19558.482.74$8,755
Apr 201903,14862.632.75$8,659
Mar 201903,29156.803.06$10,077
Feb 201903,11250.852.79$8,689
Jan 201903,32646.033.23$10,737
Dec 201843,35346.594.19$14,220
Nov 201803,44152.934.24$14,580
Oct 201803,61161.443.40$12,270
Sep 201823,61359.543.11$11,348
Aug 201803,99659.403.07$12,254
Jul 201803,47765.142.93$10,194
Jun 201803,62460.183.08$11,151
May 201803,82765.382.90$11,101
Apr 201803,86363.842.90$11,206
Mar 201803,98461.222.79$11,103
Feb 201803,69061.782.77$10,207
Jan 201804,10162.874.01$16,442
Dec 201743,83057.272.92$11,419
Nov 201704,03955.423.12$12,595
Oct 201703,99749.292.98$11,926
Sep 201703,84347.523.09$11,864
Aug 201703,93145.373.00$11,810
Jul 201703,94743.873.09$12,185
Jun 201704,00042.493.09$12,349
May 201705,16745.373.26$16,862
Apr 2017774,49047.933.21$18,111
Mar 201704,40546.772.98$13,143
Feb 201704,03350.452.95$11,908
Jan 201764,35149.413.42$15,172
Dec 201604,55048.763.72$16,939
Nov 201604,60342.492.64$12,172
Oct 201604,42446.193.09$13,671
Sep 201604,29541.553.10$13,317
Aug 201604,93041.442.92$14,417
Jul 201604,74441.622.92$13,873
Jun 201665,20545.352.69$14,252
May 201605,15442.521.99$10,262
Apr 201605,36136.561.99$10,674
Mar 201605,71933.011.79$10,260
Feb 201604,57926.472.06$9,449
Jan 201603,79327.352.36$8,968
Dec 201506,10832.362.00$12,225
Nov 201505,25038.792.17$11,378
Oct 201505,68243.552.43$13,788
Sep 201506,00142.992.76$16,553
Aug 201506,27240.162.87$18,016
Jul 201503,34548.152.95$9,851
Jun 201523,53556.152.88$10,303
May 201505,58055.212.96$16,491
Apr 201505,54949.822.71$15,019
Mar 201505,82342.892.93$17,089
Feb 201505,67844.662.98$16,899
Jan 201506,29843.433.10$19,528
Dec 201406,50054.693.59$23,344
Nov 201406,57670.464.25$27,960
Oct 201406,63678.303.90$25,887
Sep 201406,58786.164.05$26,647
Aug 201406,88889.394.04$27,794
Jul 201406,90096.564.18$28,839
Jun 201406,79298.164.74$32,173
May 201407,19194.734.73$33,989
Apr 201407,44395.944.81$35,794
Mar 201407,66895.895.06$38,776
Feb 201407,98397.406.19$49,431
Jan 201406,75390.404.86$32,824
Dec 201305,95191.824.35$25,914
Nov 201308,01688.853.74$29,966
Oct 201308,76997.423.78$33,141
Sep 201308,942104.113.72$33,244
Aug 201309,448104.253.52$33,282
Jul 201308,673102.523.72$32,244
Jun 201308,78294.403.93$34,543
May 201309,13794.834.15$37,910
Apr 201307,37593.964.28$31,584
Mar 201307,74793.623.91$30,313
Feb 201307,45391.233.42$25,489
Jan 2013908,29691.603.42$36,616
Dec 201208,80986.773.42$30,128
Nov 201208,77486.953.62$31,805
Oct 201209,35189.383.40$31,790
Sep 201209,65094.672.92$28,163
Aug 201209,50192.662.91$27,630
Jul 201209,96185.133.02$30,090
Jun 201209,93479.822.52$25,024
May 2012010,70891.612.49$26,645
Apr 2012011,022101.652.00$22,009
Mar 2012012,292105.052.22$27,314
Feb 2012012,046101.102.57$30,961
Jan 2012012,86398.092.73$35,168
Dec 2011011,95596.873.24$38,731
Nov 2011012,31795.723.31$40,785
Oct 2011013,36284.983.65$48,752
Sep 2011013,58683.623.99$54,151
Aug 2011014,88383.404.15$61,754
Jul 2011015,74294.144.52$71,110
Jun 2011015,90592.904.64$73,797
May 2011018,14898.134.40$79,939
Apr 20119016,640105.964.33$81,642
Mar 2011018,47296.364.06$74,947
Feb 2011016,23485.644.18$67,858
Jan 2011019,74586.504.59$90,605
Dec 2010020,95985.734.35$91,124
Nov 2010020,90180.843.80$79,326
Oct 2010024,51978.103.51$86,034
Sep 2010025,40972.633.98$101,114
Aug 2010027,18573.684.42$120,140
Jul 2010128,04672.554.74$132,912
Jun 20108429,70270.364.91$151,759
May 2010028,90271.124.24$122,406
Apr 2010032,45381.694.12$133,794
Mar 2010034,50378.394.39$151,422
Feb 2010036,54673.585.44$198,896
Jan 20109244,47574.365.96$272,094
Dec 2009049,79471.445.48$273,058
Nov 2009051,07374.593.75$191,600
Oct 2009063,08772.544.11$259,303
Sep 20097670,32365.543.06$220,503
Aug 2009083,84367.423.22$269,849
Jul 200943138,76561.133.46$483,380
Jun 2009107192,78766.163.90$757,984
May 20090164,24054.743.93$644,765

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                1,273 Mcf  × $  3.05 =     $3,877

────────────────────────────────────────────────────
Month total                                   $3,877

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/248060 is the state's own key, not one this site invented.