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 254397District 06Field 028703002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.2 M
Oct 2009 – May 2026
Value, last 12 filed months
$130 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 Gas112010-04-28197600
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
CondensateDisposition1,036 bbl$75,136
GasProduction2,096,699 Mcf$8,098,286
Total$8,173,422

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 31.5846, -94.3090. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.58461, -94.30905 · 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
7,584 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 7,584 ft.

Completions filed
Oct 2009
1 of 1 wells

1 well

42-405302862H7,584 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 202602,751106.413.05$8,379
Apr 202612,71898.932.87$7,899
Mar 202602,88089.753.15$9,070
Feb 202602,58463.503.75$9,691
Jan 202602,85559.138.00$22,834
Dec 202502,89156.664.41$12,759
Nov 202502,70058.593.93$10,601
Oct 202502,92959.383.30$9,680
Sep 202522,71162.743.08$8,467
Aug 202502,59363.933.01$7,817
Jul 202502,77066.743.32$9,183
Jun 202504,36966.483.13$13,669
May 202503,70660.553.23$11,979
Apr 202502,94462.363.54$10,431
Mar 202502,97967.704.27$12,715
Feb 202502,51370.884.34$10,909
Jan 202543,07774.324.28$13,463
Dec 202402,68568.993.12$8,381
Nov 2024721,76569.052.20$8,852
Oct 202403,95171.372.28$9,014
Sep 202434,07169.612.36$9,834
Aug 202405,04775.632.06$10,415
Jul 202403,46579.932.15$7,438
Jun 202403,26278.082.63$8,592
May 202402,79978.812.20$6,153
Apr 202403,17284.451.66$5,263
Mar 202403,32280.301.55$5,133
Feb 202403,13476.091.78$5,590
Jan 202403,15673.023.30$10,407
Dec 202302,87571.262.61$7,506
Nov 202302,47677.892.81$6,952
Oct 202303,35885.443.09$10,367
Sep 202303,30389.042.74$9,034
Aug 202303,93180.522.67$10,507
Jul 202304,74674.852.64$12,538
Jun 202302,34868.962.26$5,303
May 202303,81870.622.23$8,504
Apr 202303,29078.122.24$7,362
Mar 202303,36872.852.39$8,060
Feb 202303,12175.112.47$7,695
Jan 202303,21876.533.39$10,902
Dec 202203,50876.415.73$20,098
Nov 202203,98585.005.65$22,500
Oct 202204,01787.185.86$23,555
Sep 202203,70184.888.16$30,214
Aug 202234,13894.529.13$38,052
Jul 202204,239101.587.54$31,971
Jun 202203,925115.097.98$31,311
May 202204,229109.378.43$35,663
Apr 202204,191104.226.84$28,656
Mar 202204,190108.885.08$21,270
Feb 202203,31491.054.86$16,102
Jan 202203,20881.844.54$14,557
Dec 202103,41971.323.90$13,331
Nov 202103,98377.435.24$20,858
Oct 202104,20679.795.71$24,033
Sep 202106,93269.865.35$37,093
Aug 202146,59366.024.22$28,090
Jul 202135,10070.783.98$20,521
Jun 202134,72469.493.38$16,179
May 202104,58263.483.02$13,827
Apr 202104,50060.362.76$12,413
Mar 202104,48761.302.72$12,191
Feb 202103,84557.805.55$21,332
Jan 2021174,31550.412.81$12,983
Dec 202004,52644.642.68$12,109
Nov 202004,51638.772.71$12,223
Oct 202005,05936.972.48$12,538
Sep 202005,78437.091.99$11,516
Aug 202005,72239.982.39$13,648
Jul 202005,51838.371.83$10,071
Jun 202005,96434.901.69$10,081
May 202005,10416.921.81$9,262
Apr 202004,11714.751.80$7,429
Mar 202053,87630.341.86$7,346
Feb 202003,87149.881.98$7,667
Jan 202004,54757.252.09$9,525
Dec 201954,65159.012.30$11,013
Nov 201904,45655.302.75$12,257
Oct 2019884,61853.472.42$15,874
Sep 201904,61155.052.66$12,253
Aug 201905,00553.112.30$11,533
Jul 201905,05156.272.46$12,426
Jun 201904,62552.782.49$11,522
May 201904,61258.482.74$12,638
Apr 201904,65062.632.75$12,791
Mar 201905,03156.803.06$15,405
Feb 201905,05450.852.79$14,112
Jan 201905,53346.033.23$17,862
Dec 201855,93646.594.19$25,078
Nov 201806,33852.934.24$26,856
Oct 201806,96561.443.40$23,668
Sep 201844,92259.543.11$15,536
Aug 201805,91159.403.07$18,126
Jul 201806,30465.142.93$18,483
Jun 201806,29560.183.08$19,369
May 201806,67265.382.90$19,354
Apr 201806,29863.842.90$18,269
Mar 201805,21561.222.79$14,533
Feb 201805,09661.782.77$14,096
Jan 201805,61362.874.01$22,504
Dec 201736,09257.272.92$17,970
Nov 201706,37855.423.12$19,889
Oct 201707,23349.292.98$21,581
Sep 201707,21147.523.09$22,262
Aug 201707,23645.373.00$21,740
Jul 201707,33743.873.09$22,651
Jun 201706,99442.493.09$21,592
May 201703,13545.373.26$10,231
Apr 201707,13547.933.21$22,915
Mar 201706,89446.772.98$20,569
Feb 2017116,86350.452.95$20,819
Jan 201707,53849.413.42$25,771
Dec 201606,87348.763.72$25,587
Nov 201605,89942.492.64$15,599
Oct 201606,13746.193.09$18,965
Sep 201607,52641.553.10$23,335
Aug 201606,74741.442.92$19,731
Jul 201606,75241.622.92$19,745
Jun 201606,26545.352.69$16,827
May 201606,19042.521.99$12,325
Apr 201606,62736.561.99$13,195
Mar 201606,40133.011.79$11,483
Feb 201606,05426.472.06$12,493
Jan 2016996,59927.352.36$18,310
Dec 201506,59032.362.00$13,189
Nov 201506,38038.792.17$13,828
Oct 201506,73043.552.43$16,331
Sep 2015105,52942.992.76$15,681
Aug 201505,80340.162.87$16,669
Jul 201506,49648.152.95$19,131
Jun 201506,19256.152.88$17,851
May 201505,81255.212.96$17,177
Apr 201507,06349.822.71$19,117
Mar 201507,58042.892.93$22,245
Feb 201506,98244.662.98$20,780
Jan 201507,48443.433.10$23,205
Dec 201407,63154.693.59$27,406
Nov 201407,66170.464.25$32,573
Oct 201407,85978.303.90$30,658
Sep 201407,88486.164.05$31,894
Aug 201408,33189.394.04$33,617
Jul 201408,75796.564.18$36,601
Jun 201408,49798.164.74$40,249
May 201408,94294.734.73$42,265
Apr 201409,41595.944.81$45,278
Mar 201409,67195.895.06$48,904
Feb 201408,86397.406.19$54,880
Jan 201409,95690.404.86$48,393
Dec 2013010,82491.824.35$47,133
Nov 2013010,37488.853.74$38,781
Oct 2013010,03197.423.78$37,911
Sep 2013010,202104.113.72$37,928
Aug 2013011,786104.253.52$41,517
Jul 2013010,552102.523.72$39,230
Jun 2013011,06094.403.93$43,504
May 2013011,18594.834.15$46,407
Apr 20139211,27993.964.28$56,948
Mar 2013011,53093.623.91$45,115
Feb 2013011,19891.233.42$38,296
Jan 2013012,70691.603.42$43,453
Dec 2012012,66786.773.42$43,323
Nov 2012012,63686.953.62$45,805
Oct 2012013,35689.383.40$45,406
Sep 2012013,34294.672.92$38,937
Aug 2012014,18092.662.91$41,238
Jul 2012014,82885.133.02$44,792
Jun 2012014,59479.822.52$36,763
May 2012015,28091.612.49$38,022
Apr 2012014,174101.652.00$28,303
Mar 2012015,025105.052.22$33,387
Feb 2012014,717101.102.57$37,826
Jan 20129117,03798.092.73$55,507
Dec 2011018,16296.873.24$58,840
Nov 2011017,79295.723.31$58,914
Oct 2011019,50584.983.65$71,165
Sep 2011019,71483.623.99$78,576
Aug 2011020,98683.404.15$87,078
Jul 2011022,21094.144.52$100,328
Jun 2011022,43792.904.64$104,105
May 2011024,68498.134.40$108,729
Apr 20115925,365105.964.33$116,165
Mar 2011029,05996.364.06$117,902
Feb 2011025,50485.644.18$106,606
Jan 2011032,43786.504.59$148,846
Dec 2010033,31485.734.35$144,841
Nov 20108534,00680.843.80$135,935
Oct 2010039,37678.103.51$138,166
Sep 2010041,67772.633.98$165,852
Aug 2010047,12673.684.42$208,267
Jul 20108329,60272.554.74$146,231
Jun 2010033,78470.364.91$165,893
May 2010045,06471.124.24$190,856
Apr 20109152,24981.694.12$222,840
Mar 2010062,55278.394.39$274,520
Feb 20108267,74173.585.44$374,704
Jan 2010370,02874.365.96$417,876
Dec 200910846,86371.445.48$264,701
Nov 20090149,62774.593.75$561,326
Oct 20090072.544.11$0

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                2,751 Mcf  × $  3.05 =     $8,379

────────────────────────────────────────────────────
Month total                                   $8,379

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/254397 is the state's own key, not one this site invented.