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 254127District 06Field 028703002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.8 M
Sep 2009 – May 2026
Value, last 12 filed months
$116 k
at the published price for each month
Months reported
201
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 Gas112010-09-21198055
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
CondensateDisposition3,854 bbl$270,587
GasProduction2,142,500 Mcf$8,479,742
Total$8,750,329

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 31.5867, -94.3020. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.58668, -94.30198 · 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
7,638 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 7,638 ft.

Completions filed
Sep 2009
1 of 1 wells

1 well

42-405302751H7,638 ftSep 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 (201)

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

201 months

May 202602,375106.413.05$7,234
Apr 20261202,05698.932.87$17,772
Mar 202602,28689.753.15$7,200
Feb 202602,33263.503.75$8,746
Jan 202602,02959.138.00$16,228
Dec 202501,94656.664.41$8,588
Nov 202501,84658.593.93$7,248
Oct 202502,34259.383.30$7,740
Sep 20251202,25262.743.08$14,458
Aug 202502,25963.933.01$6,810
Jul 202502,17066.743.32$7,194
Jun 202502,16866.483.13$6,783
May 202502,04560.553.23$6,610
Apr 20251551,89762.363.54$16,387
Mar 202501,97067.704.27$8,409
Feb 202501,83270.884.34$7,952
Jan 202531,94574.324.28$8,545
Dec 202401,96568.993.12$6,133
Nov 20241731,63169.052.20$15,531
Oct 202401,94771.372.28$4,442
Sep 202431,98869.612.36$4,909
Aug 202402,15175.632.06$4,439
Jul 20241711,90679.932.15$17,759
Jun 202401,66178.082.63$4,375
May 202401,85378.812.20$4,074
Apr 202401,70184.451.66$2,822
Mar 202401,89980.301.55$2,934
Feb 202401,73276.091.78$3,089
Jan 202402,18873.023.30$7,215
Dec 20231782,17571.262.61$18,363
Nov 202301,19977.892.81$3,366
Oct 202301,88985.443.09$5,832
Sep 202301,97489.042.74$5,399
Aug 202301,47380.522.67$3,937
Jul 202301,83474.852.64$4,845
Jun 20231722,42268.962.26$17,331
May 202301,56170.622.23$3,477
Apr 202301,68878.122.24$3,777
Mar 202301,79772.852.39$4,301
Feb 202301,66975.112.47$4,115
Jan 202301,71176.533.39$5,796
Dec 20221801,78976.415.73$24,003
Nov 202202,24985.005.65$12,698
Oct 202202,29687.185.86$13,463
Sep 202202,11784.888.16$17,283
Aug 202232,43694.529.13$22,517
Jul 202201,828101.587.54$13,787
Jun 202201,927115.097.98$15,372
May 20221702,253109.378.43$37,593
Apr 202202,383104.226.84$16,294
Mar 202202,127108.885.08$10,798
Feb 202202,00791.054.86$9,752
Jan 202202,14781.844.54$9,742
Dec 202102,39171.323.90$9,323
Nov 202102,39977.435.24$12,563
Oct 202102,37779.795.71$13,582
Sep 202102,73969.865.35$14,656
Aug 20211752,61866.024.22$22,603
Jul 202132,88870.783.98$11,713
Jun 202132,86269.493.38$9,884
May 202102,97263.483.02$8,969
Apr 202103,12560.362.76$8,620
Mar 202103,07861.302.72$8,363
Feb 2021882,75857.805.55$20,388
Jan 2021312,19750.412.81$7,737
Dec 202002,38344.642.68$6,376
Nov 202002,75638.772.71$7,459
Oct 202002,81136.972.48$6,967
Sep 202002,85537.091.99$5,684
Aug 202002,95439.982.39$7,046
Jul 202002,71738.371.83$4,959
Jun 202002,75134.901.69$4,650
May 202002,89316.921.81$5,250
Apr 2020793,30914.751.80$7,136
Mar 202033,54030.341.86$6,662
Feb 202002,67649.881.98$5,300
Jan 202002,86257.252.09$5,995
Dec 20191053,24459.012.30$13,671
Nov 201903,37555.302.75$9,284
Oct 201903,47153.472.42$8,395
Sep 201903,38455.052.66$8,992
Aug 201903,55353.112.30$8,187
Jul 201903,58656.272.46$8,822
Jun 201903,49252.782.49$8,699
May 201903,63558.482.74$9,961
Apr 201903,51662.632.75$9,671
Mar 201903,69056.803.06$11,299
Feb 2019983,37950.852.79$14,418
Jan 201903,68746.033.23$11,902
Dec 201833,78946.594.19$15,998
Nov 201803,77852.934.24$16,008
Oct 201803,89261.443.40$13,225
Sep 201833,64259.543.11$11,498
Aug 201803,72659.403.07$11,426
Jul 201803,81865.142.93$11,194
Jun 20181013,57560.183.08$17,078
May 201803,75065.382.90$10,878
Apr 201803,86863.842.90$11,220
Mar 201804,16761.222.79$11,613
Feb 201803,51761.782.77$9,728
Jan 201803,94462.874.01$15,813
Dec 201724,19357.272.92$12,364
Nov 20171023,96555.423.12$18,017
Oct 201704,16349.292.98$12,421
Sep 201704,16647.523.09$12,862
Aug 201704,27345.373.00$12,838
Jul 201704,27143.873.09$13,186
Jun 201704,24842.493.09$13,115
May 2017982,17945.373.26$11,557
Apr 201704,50147.933.21$14,455
Mar 201704,69046.772.98$13,993
Feb 201794,44450.452.95$13,575
Jan 20171014,48649.413.42$20,327
Dec 201604,74148.763.72$17,650
Nov 201604,68742.492.64$12,394
Oct 201605,01446.193.09$15,495
Sep 201604,82941.553.10$14,973
Aug 201605,23141.442.92$15,297
Jul 201605,26741.622.92$15,403
Jun 2016975,08745.352.69$18,062
May 201604,88342.521.99$9,722
Apr 201604,95836.561.99$9,872
Mar 201605,86933.011.79$10,529
Feb 201603,60426.472.06$7,437
Jan 201604,23027.352.36$10,001
Dec 201504,34332.362.00$8,692
Nov 201504,39238.792.17$9,519
Oct 201504,78643.552.43$11,614
Sep 20151124,87742.992.76$18,268
Aug 201505,38240.162.87$15,460
Jul 201505,26748.152.95$15,512
Jun 201504,90356.152.88$14,135
May 201505,93255.212.96$17,532
Apr 20151035,76749.822.71$20,740
Mar 201506,29942.892.93$18,486
Feb 201505,62644.662.98$16,744
Jan 201506,52743.433.10$20,238
Dec 201406,69354.693.59$24,037
Nov 201406,64770.464.25$28,262
Oct 201406,95278.303.90$27,119
Sep 201406,78086.164.05$27,428
Aug 2014977,19089.394.04$37,683
Jul 201407,30296.564.18$30,519
Jun 201407,24898.164.74$34,333
May 201407,88394.734.73$37,259
Apr 2014937,77495.944.81$46,309
Mar 201408,09795.895.06$40,945
Feb 201407,50697.406.19$46,477
Jan 201408,60290.404.86$41,812
Dec 201308,77391.824.35$38,202
Nov 201308,65988.853.74$32,370
Oct 201308,99697.423.78$33,999
Sep 201308,960104.113.72$33,311
Aug 2013869,427104.253.52$42,173
Jul 201309,476102.523.72$35,229
Jun 201309,43794.403.93$37,120
May 201309,22094.834.15$38,255
Apr 201309,21993.964.28$39,481
Mar 2013879,52793.623.91$45,423
Feb 201309,12291.233.42$31,196
Jan 2013010,47191.603.42$35,810
Dec 2012010,61386.773.42$36,298
Nov 20128810,86586.953.62$47,037
Oct 2012011,45989.383.40$38,957
Sep 2012011,44794.672.92$33,407
Aug 2012012,21292.662.91$35,514
Jul 2012012,79385.133.02$38,645
Jun 20128412,65179.822.52$38,573
May 2012012,93991.612.49$32,196
Apr 2012011,294101.652.00$22,552
Mar 2012012,948105.052.22$28,771
Feb 2012012,902101.102.57$33,161
Jan 2012014,43298.092.73$39,458
Dec 2011014,97596.873.24$48,515
Nov 2011014,97395.723.31$49,580
Oct 2011016,23884.983.65$59,245
Sep 20118116,41083.623.99$72,180
Aug 2011017,44483.404.15$72,381
Jul 2011018,29094.144.52$82,620
Jun 2011018,27992.904.64$84,812
May 2011020,17398.134.40$88,858
Apr 2011020,861105.964.33$90,397
Mar 2011023,91096.364.06$97,011
Feb 2011020,99485.644.18$87,755
Jan 2011025,80986.504.59$118,432
Dec 2010027,77985.734.35$120,776
Nov 2010027,75280.843.80$105,328
Oct 20107832,23078.103.51$119,183
Sep 2010034,68872.633.98$138,040
Aug 2010039,93773.684.42$176,496
Jul 2010046,61872.554.74$220,806
Jun 2010050,94270.364.91$250,146
May 20108154,99271.124.24$238,664
Apr 2010042,63681.694.12$175,775
Mar 2010051,55778.394.39$226,267
Feb 20108553,71973.585.44$298,612
Jan 2010169,91974.365.96$417,078
Dec 200981104,80471.445.48$580,506
Nov 2009148154,04374.593.75$588,932
Oct 20090247,58072.544.11$1,017,616
Sep 2009096,64065.543.06$296,177

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                2,375 Mcf  × $  3.05 =     $7,234

────────────────────────────────────────────────────
Month total                                   $7,234

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/254127 is the state's own key, not one this site invented.