ADJ MINERALS GU 2

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 253740District 06Field 028703002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.0 M
Oct 2009 – May 2026
Value, last 12 filed months
$72 k
at the published price for each month
Months reported
200
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 Gas112010-09-21198056
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
CondensateDisposition1,890 bbl$128,280
GasProduction1,956,391 Mcf$7,861,582
Total$7,989,862

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 31.5873, -94.2981. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.58726, -94.29811 · 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
7,609 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 7,609 ft.

Completions filed
Oct 2009
1 of 1 wells

1 well

42-405302762H7,609 ftOct 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 (200)

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

200 months

May 202601,528106.413.05$4,654
Apr 202611,51198.932.87$4,435
Mar 202601,57389.753.15$4,954
Feb 202601,45163.503.75$5,442
Jan 202601,62159.138.00$12,965
Dec 202501,61956.664.41$7,145
Nov 202501,55658.593.93$6,110
Oct 202501,65859.383.30$5,479
Sep 202501,70562.743.08$5,246
Aug 202501,63363.933.01$4,923
Jul 202501,65066.743.32$5,470
Jun 202501,61466.483.13$5,050
May 202501,70760.553.23$5,518
Apr 202501,65262.363.54$5,853
Mar 202501,72467.704.27$7,359
Feb 202501,59070.884.34$6,902
Jan 202501,71274.324.28$7,325
Dec 202401,78568.993.12$5,572
Nov 202451,69769.052.20$4,076
Oct 202401,69871.372.28$3,874
Sep 202401,69869.612.36$4,015
Aug 202401,74275.632.06$3,595
Jul 202401,80979.932.15$3,883
Jun 202401,79478.082.63$4,725
May 202401,78678.812.20$3,926
Apr 202401,82984.451.66$3,035
Mar 202401,95680.301.55$3,022
Feb 202401,79176.091.78$3,195
Jan 202401,96073.023.30$6,463
Dec 202301,97571.262.61$5,156
Nov 202301,95277.892.81$5,480
Oct 202301,94985.443.09$6,017
Sep 202301,92189.042.74$5,254
Aug 202301,91280.522.67$5,111
Jul 202302,01674.852.64$5,326
Jun 202302,00368.962.26$4,524
May 202302,07370.622.23$4,617
Apr 202302,03378.122.24$4,549
Mar 202302,14172.852.39$5,124
Feb 202302,04475.112.47$5,040
Jan 202302,18476.533.39$7,399
Dec 202202,13276.415.73$12,214
Nov 202202,10285.005.65$11,868
Oct 202202,17487.185.86$12,748
Sep 202202,03484.888.16$16,605
Aug 202202,08194.529.13$18,994
Jul 202202,063101.587.54$15,559
Jun 202202,045115.097.98$16,313
May 202202,144109.378.43$18,080
Apr 202202,194104.226.84$15,002
Mar 202202,335108.885.08$11,853
Feb 202202,12091.054.86$10,301
Jan 202202,35181.844.54$10,668
Dec 202102,34171.323.90$9,128
Nov 202102,20377.435.24$11,537
Oct 202102,12179.795.71$12,119
Sep 202102,24569.865.35$12,013
Aug 202112,46166.024.22$10,453
Jul 202132,59770.783.98$10,554
Jun 202132,46269.493.38$8,532
May 202102,52663.483.02$7,623
Apr 202102,60960.362.76$7,197
Mar 202102,88861.302.72$7,847
Feb 2021852,45557.805.55$18,533
Jan 202102,58850.412.81$7,273
Dec 202002,63944.642.68$7,061
Nov 202002,52738.772.71$6,840
Oct 202002,56336.972.48$6,352
Sep 202002,55837.091.99$5,093
Aug 202002,58839.982.39$6,173
Jul 202002,57338.371.83$4,696
Jun 202002,54834.901.69$4,307
May 202002,65816.921.81$4,824
Apr 2020602,62414.751.80$5,620
Mar 202032,64730.341.86$5,004
Feb 202002,52249.881.98$4,995
Jan 202002,71557.252.09$5,687
Dec 2019802,77559.012.30$11,115
Nov 201902,64955.302.75$7,287
Oct 201902,74853.472.42$6,646
Sep 201902,71655.052.66$7,217
Aug 201902,83653.112.30$6,535
Jul 201902,93256.272.46$7,213
Jun 201902,93352.782.49$7,307
May 201903,00458.482.74$8,232
Apr 201902,91462.632.75$8,016
Mar 201903,11156.803.06$9,526
Feb 2019752,94950.852.79$12,048
Jan 201903,10046.033.23$10,007
Dec 201833,16846.594.19$13,399
Nov 201803,08052.934.24$13,051
Oct 201803,26661.443.40$11,098
Sep 201833,22359.543.11$10,196
Aug 201803,36359.403.07$10,313
Jul 201803,44165.142.93$10,089
Jun 2018763,39360.183.08$15,014
May 201803,56265.382.90$10,333
Apr 201803,47063.842.90$10,066
Mar 201803,72761.222.79$10,387
Feb 201803,50261.782.77$9,687
Jan 201804,02362.874.01$16,129
Dec 201724,34057.272.92$12,794
Nov 2017774,03855.423.12$16,859
Oct 201704,17049.292.98$12,442
Sep 201704,24947.523.09$13,118
Aug 201704,01245.373.00$12,054
Jul 201704,15143.873.09$12,815
Jun 201704,29342.493.09$13,254
May 2017742,29045.373.26$10,831
Apr 201704,30747.933.21$13,832
Mar 201704,80546.772.98$14,337
Feb 201794,29650.452.95$13,138
Jan 2017774,60749.413.42$19,555
Dec 201604,86948.763.72$18,126
Nov 201604,70542.492.64$12,442
Oct 201604,76746.193.09$14,731
Sep 201604,68941.553.10$14,539
Aug 201604,91841.442.92$14,382
Jul 201605,38641.622.92$15,751
Jun 2016744,44545.352.69$15,294
May 201604,40342.521.99$8,767
Apr 201604,41136.561.99$8,782
Mar 201604,64333.011.79$8,330
Feb 201604,00726.472.06$8,269
Jan 201604,66527.352.36$11,030
Dec 201504,78032.362.00$9,567
Nov 201504,74138.792.17$10,275
Oct 201504,72943.552.43$11,475
Sep 2015874,72642.992.76$16,776
Aug 201504,94140.162.87$14,193
Jul 201504,97148.152.95$14,640
Jun 201504,99656.152.88$14,403
May 201505,48155.212.96$16,199
Apr 2015715,46149.822.71$18,318
Mar 201505,81542.892.93$17,065
Feb 201505,30744.662.98$15,795
Jan 201506,11843.433.10$18,970
Dec 201406,28254.693.59$22,561
Nov 201406,28070.464.25$26,702
Oct 201406,53278.303.90$25,481
Sep 201406,50686.164.05$26,320
Aug 2014806,98389.394.04$35,328
Jul 201407,08196.564.18$29,596
Jun 201406,87798.164.74$32,576
May 201406,98794.734.73$33,024
Apr 2014856,89395.944.81$41,304
Mar 201407,30895.895.06$36,955
Feb 201406,82697.406.19$42,267
Jan 201407,68590.404.86$37,355
Dec 201307,90891.824.35$34,435
Nov 201307,75088.853.74$28,972
Oct 201308,15397.423.78$30,813
Sep 201308,125104.113.72$30,207
Aug 2013848,570104.253.52$38,946
Jul 201308,819102.523.72$32,787
Jun 201308,60194.403.93$33,831
May 201308,36694.834.15$34,711
Apr 201308,54793.964.28$36,603
Mar 2013868,75793.623.91$42,316
Feb 201308,47791.233.42$28,991
Jan 201309,60991.603.42$32,862
Dec 201209,85286.773.42$33,695
Nov 20129210,05986.953.62$44,463
Oct 2012011,05289.383.40$37,573
Sep 2012011,48894.672.92$33,527
Aug 2012012,76192.662.91$37,111
Jul 2012013,37185.133.02$40,391
Jun 201210013,27379.822.52$41,417
May 2012013,89791.612.49$34,580
Apr 2012012,970101.652.00$25,899
Mar 2012013,639105.052.22$30,307
Feb 2012013,534101.102.57$34,786
Jan 2012014,98398.092.73$40,965
Dec 2011015,66196.873.24$50,738
Nov 2011015,48995.723.31$51,288
Oct 2011016,73984.983.65$61,073
Sep 20119816,91983.623.99$75,631
Aug 2011018,09683.404.15$75,086
Jul 2011019,19194.144.52$86,690
Jun 2011019,04192.904.64$88,348
May 2011021,01798.134.40$92,576
Apr 2011021,818105.964.33$94,544
Mar 2011025,17496.364.06$102,139
Feb 2011022,13585.644.18$92,524
Jan 2011027,32786.504.59$125,398
Dec 2010029,41185.734.35$127,872
Nov 2010029,95980.843.80$113,704
Oct 20108334,28078.103.51$126,767
Sep 2010036,29872.633.98$144,447
Aug 2010041,57973.684.42$183,753
Jul 2010348,07272.554.74$227,910
Jun 2010052,59370.364.91$258,253
May 20109057,49471.124.24$249,901
Apr 2010045,51281.694.12$187,632
Mar 2010056,36778.394.39$247,376
Feb 20109559,73473.585.44$332,084
Jan 2010176,38374.365.96$455,629
Dec 200996105,82371.445.48$587,165
Nov 200928142,76774.593.75$537,679
Oct 20090163,60972.544.11$672,474

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                1,528 Mcf  × $  3.05 =     $4,654

────────────────────────────────────────────────────
Month total                                   $4,654

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/253740 is the state's own key, not one this site invented.