ADJ MINERALS

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 249321District 06Field 028703002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.3 M
May 2009 – May 2026
Value, last 12 filed months
$85 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 Gas112010-02-09196000
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
CondensateDisposition941 bbl$69,407
GasProduction1,878,387 Mcf$7,198,903
Total$7,268,310

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 31.5847, -94.3062. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.58466, -94.30621 · 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
7,566 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 7,566 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-405302561H7,566 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 202602,685106.413.05$8,178
Apr 202611,77598.932.87$5,193
Mar 202601,83389.753.15$5,773
Feb 202601,65563.503.75$6,207
Jan 202601,94159.138.00$15,524
Dec 202501,84056.664.41$8,121
Nov 202501,80158.593.93$7,072
Oct 202501,98959.383.30$6,573
Sep 202521,54662.743.08$4,882
Aug 202501,81863.933.01$5,481
Jul 202501,87166.743.32$6,203
Jun 202501,72366.483.13$5,391
May 202501,90860.553.23$6,167
Apr 202501,55962.363.54$5,524
Mar 202501,71367.704.27$7,312
Feb 202501,57870.884.34$6,850
Jan 202531,68374.324.28$7,424
Dec 202401,73068.993.12$5,400
Nov 2024681,76769.052.20$8,580
Oct 202401,84371.372.28$4,205
Sep 202431,86669.612.36$4,621
Aug 202401,87375.632.06$3,865
Jul 202401,95179.932.15$4,188
Jun 202401,93178.082.63$5,086
May 202401,94178.812.20$4,267
Apr 202401,87384.451.66$3,108
Mar 202402,06380.301.55$3,188
Feb 202401,71776.091.78$3,063
Jan 202402,06973.023.30$6,823
Dec 202302,04971.262.61$5,349
Nov 202302,17377.892.81$6,101
Oct 202302,30285.443.09$7,107
Sep 202302,16889.042.74$5,930
Aug 202302,18880.522.67$5,848
Jul 202302,42274.852.64$6,398
Jun 202302,65068.962.26$5,985
May 202302,58470.622.23$5,756
Apr 202302,59978.122.24$5,816
Mar 202302,61572.852.39$6,258
Feb 202302,53375.112.47$6,246
Jan 202302,85376.533.39$9,665
Dec 202202,86476.415.73$16,408
Nov 2022060385.005.65$3,405
Oct 2022079787.185.86$4,673
Sep 202201,55784.888.16$12,711
Aug 2022375094.529.13$7,129
Jul 202201,189101.587.54$8,968
Jun 202201,481115.097.98$11,814
May 202201,088109.378.43$9,175
Apr 202201,169104.226.84$7,993
Mar 202201,676108.885.08$8,508
Feb 2022092591.054.86$4,494
Jan 202201,90981.844.54$8,662
Dec 2021099371.323.90$3,872
Nov 202101,50777.435.24$7,892
Oct 202101,05679.795.71$6,034
Sep 202101,94669.865.35$10,413
Aug 2021390466.024.22$4,013
Jul 202131,97270.783.98$8,065
Jun 202141,06169.493.38$3,865
May 202102,18063.483.02$6,579
Apr 2021092760.362.76$2,557
Mar 202101,31961.302.72$3,584
Feb 202101,70757.805.55$9,470
Jan 2021111,39050.412.81$4,461
Dec 202001,23244.642.68$3,296
Nov 202001,71338.772.71$4,636
Oct 202001,98036.972.48$4,907
Sep 202001,19637.091.99$2,381
Aug 202001,66839.982.39$3,978
Jul 202001,97338.371.83$3,601
Jun 202001,00234.901.69$1,694
May 202001,84316.921.81$3,345
Apr 202001,81914.751.80$3,282
Mar 202021,81430.341.86$3,428
Feb 202001,77249.881.98$3,510
Jan 202001,99857.252.09$4,185
Dec 201912,06159.012.30$4,808
Nov 201902,00755.302.75$5,521
Oct 201902,15553.472.42$5,212
Sep 201902,26455.052.66$6,016
Aug 201902,38053.112.30$5,484
Jul 201901,02956.272.46$2,531
Jun 201902,02752.782.49$5,050
May 201902,72258.482.74$7,459
Apr 201902,70362.632.75$7,435
Mar 201902,34056.803.06$7,165
Feb 201901,66650.852.79$4,652
Jan 201901,61346.033.23$5,207
Dec 201831,52346.594.19$6,514
Nov 201801,59452.934.24$6,754
Oct 201801,64461.443.40$5,586
Sep 201831,65159.543.11$5,310
Aug 201801,64659.403.07$5,048
Jul 201801,77765.142.93$5,210
Jun 201801,35060.183.08$4,154
May 201801,33565.382.90$3,873
Apr 201801,45263.842.90$4,212
Mar 201802,56961.222.79$7,159
Feb 201802,23761.782.77$6,188
Jan 201802,21262.874.01$8,869
Dec 201712,11657.272.92$6,239
Nov 201702,38555.423.12$7,437
Oct 2017040949.292.98$1,220
Sep 2017061247.523.09$1,889
Aug 2017093145.373.00$2,797
Jul 2017036043.873.09$1,111
Jun 2017070142.493.09$2,164
May 2017035845.373.26$1,168
Apr 201701,33147.933.21$4,275
Mar 201701,74346.772.98$5,201
Feb 201762,16650.452.95$6,698
Jan 2017049749.413.42$1,699
Dec 201601,26348.763.72$4,702
Nov 201603,05342.492.64$8,073
Oct 201603,76046.193.09$11,619
Sep 20160041.553.10$0
Aug 201601,05141.442.92$3,073
Jul 201602,39741.622.92$7,010
Jun 201601,11845.352.69$3,003
May 201604,91142.521.99$9,778
Apr 201601,94836.561.99$3,879
Mar 201604,29833.011.79$7,711
Feb 201604,10526.472.06$8,471
Jan 201604,50927.352.36$10,661
Dec 201504,64032.362.00$9,287
Nov 201504,56938.792.17$9,903
Oct 201504,31943.552.43$10,480
Sep 201584,88642.992.76$13,822
Aug 201504,81840.162.87$13,840
Jul 201505,04148.152.95$14,846
Jun 201505,04856.152.88$14,553
May 201505,81755.212.96$17,192
Apr 201505,12049.822.71$13,858
Mar 201504,78742.892.93$14,048
Feb 201503,48644.662.98$10,375
Jan 201505,58843.433.10$17,326
Dec 201405,74854.693.59$20,643
Nov 201405,75570.464.25$24,469
Oct 201406,00178.303.90$23,410
Sep 201405,95586.164.05$24,091
Aug 201406,30389.394.04$25,433
Jul 201406,27796.564.18$26,235
Jun 201406,19598.164.74$29,345
May 201406,89894.734.73$32,604
Apr 201405,49295.944.81$26,412
Mar 201406,87695.895.06$34,771
Feb 201406,44597.406.19$39,907
Jan 201407,10690.404.86$34,540
Dec 201306,95591.824.35$30,285
Nov 201307,28688.853.74$27,237
Oct 201307,97197.423.78$30,125
Sep 201307,937104.113.72$29,508
Aug 201308,129104.253.52$28,635
Jul 201310810,438102.523.72$49,878
Jun 2013010,95494.403.93$43,087
May 201307,85894.834.15$32,603
Apr 201308,22793.964.28$35,233
Mar 201308,39193.623.91$32,833
Feb 201307,52491.233.42$25,731
Jan 201307,68091.603.42$26,265
Dec 201208,36386.773.42$28,603
Nov 201208,77586.953.62$31,809
Oct 201209,76089.383.40$33,181
Sep 2012010,10694.672.92$29,493
Aug 2012011,51392.662.91$33,482
Jul 2012011,26385.133.02$34,023
Jun 201209,78979.822.52$24,659
May 2012010,91291.612.49$27,153
Apr 2012011,177101.652.00$22,318
Mar 2012012,014105.052.22$26,696
Feb 2012011,455101.102.57$29,442
Jan 2012012,51898.092.73$34,225
Dec 2011012,92396.873.24$41,867
Nov 2011012,26595.723.31$40,613
Oct 2011013,34984.983.65$48,704
Sep 2011013,80883.623.99$55,036
Aug 201110114,39383.404.15$68,145
Jul 2011015,24794.144.52$68,874
Jun 2011014,85792.904.64$68,935
May 2011016,43598.134.40$72,393
Apr 2011016,852105.964.33$73,024
Mar 2011019,49996.364.06$79,114
Feb 2011016,30085.644.18$68,134
Jan 2011020,80186.504.59$95,451
Dec 2010022,98585.734.35$99,933
Nov 2010022,66680.843.80$86,025
Oct 2010026,06578.103.51$91,459
Sep 20108927,75472.633.98$116,910
Aug 2010032,03173.684.42$141,557
Jul 2010042,42272.554.74$200,931
Jun 2010043,57570.364.91$213,971
May 2010041,02171.124.24$173,733
Apr 2010027,88481.694.12$114,957
Mar 20108535,31978.394.39$161,667
Feb 2010029,49773.585.44$160,533
Jan 2010341,48474.365.96$247,637
Dec 2009055,11071.445.48$302,209
Nov 20099539,15574.593.75$153,976
Oct 2009058,12972.544.11$238,925
Sep 200910568,92465.543.06$218,117
Aug 2009096,54367.423.22$310,724
Jul 2009128147,34061.133.46$518,284
Jun 2009102218,75166.163.90$858,783
May 2009027,20154.743.93$106,784

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                2,685 Mcf  × $  3.05 =     $8,178

────────────────────────────────────────────────────
Month total                                   $8,178

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/249321 is the state's own key, not one this site invented.