FINDLEY GAS UNIT "B"

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

Gas lease lease 255032District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.2 M
Oct 2009 – May 2026
Value, last 12 filed months
$226 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 368 leases and 368 wells, and the rule below applies to all of them.

Discovered
1965-01-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2010-11-02.

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 Gas112010-03-29197756
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
CondensateDisposition30,363 bbl$2,428,169
GasProduction3,555,258 Mcf$13,735,600
Total$16,163,769

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 32.6803, -94.3220. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.68025, -94.32203 · 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
13,080 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 13,080 ft.

Completions filed
Oct 2009
1 of 1 wells

1 well

42-203348435H13,080 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 202605,160106.413.05$15,717
Apr 202604,91498.932.87$14,102
Mar 202605,04789.753.15$15,895
Feb 202604,69263.503.75$17,597
Jan 202604,91859.138.00$39,334
Dec 202505,00356.664.41$22,080
Nov 202504,98558.593.93$19,573
Oct 202505,18259.383.30$17,126
Sep 202505,05762.743.08$15,560
Aug 202505,13763.933.01$15,487
Jul 202505,16366.743.32$17,116
Jun 202505,12566.483.13$16,035
May 202505,29360.553.23$17,109
Apr 202505,09262.363.54$18,042
Mar 202504,90367.704.27$20,928
Feb 202504,84570.884.34$21,031
Jan 202505,30574.324.28$22,698
Dec 202405,03968.993.12$15,729
Nov 202405,94069.052.20$13,059
Oct 202405,51271.372.28$12,575
Sep 202405,33369.612.36$12,609
Aug 202405,25275.632.06$10,838
Jul 202405,15179.932.15$11,057
Jun 202405,00378.082.63$13,178
May 202405,30278.812.20$11,656
Apr 202405,14884.451.66$8,542
Mar 202405,34380.301.55$8,256
Feb 202405,04876.091.78$9,004
Jan 202405,65973.023.30$18,661
Dec 202304,56171.262.61$11,907
Nov 202305,24577.892.81$14,726
Oct 202305,46185.443.09$16,860
Sep 202305,55789.042.74$15,199
Aug 202305,64380.522.67$15,083
Jul 202305,41474.852.64$14,303
Jun 202304,94068.962.26$11,157
May 202305,83870.622.23$13,004
Apr 202305,54978.122.24$12,417
Mar 202306,01872.852.39$14,402
Feb 202305,33975.112.47$13,164
Jan 202305,57976.533.39$18,900
Dec 202204,63476.415.73$26,549
Nov 202205,38985.005.65$30,427
Oct 202204,80787.185.86$28,187
Sep 202205,03384.888.16$41,088
Aug 202205,49494.529.13$50,145
Jul 202204,863101.587.54$36,677
Jun 202205,395115.097.98$43,037
May 202205,868109.378.43$49,485
Apr 202204,848104.226.84$33,149
Mar 202205,749108.885.08$29,184
Feb 202205,50791.054.86$26,758
Jan 202205,50281.844.54$24,966
Dec 202107,08271.323.90$27,614
Nov 202105,66277.435.24$29,651
Oct 202106,39079.795.71$36,512
Sep 202106,32869.865.35$33,861
Aug 202106,63166.024.22$27,987
Jul 202106,50070.783.98$25,884
Jun 202106,99969.493.38$23,661
May 202107,44663.483.02$22,470
Apr 202107,58360.362.76$20,917
Mar 202108,28461.302.72$22,507
Feb 202105,56057.805.55$30,847
Jan 202107,47250.412.81$20,998
Dec 202008,21744.642.68$21,984
Nov 202007,97938.772.71$21,596
Oct 202008,33936.972.48$20,668
Sep 202008,53637.091.99$16,996
Aug 202008,34539.982.39$19,904
Jul 202008,46338.371.83$15,446
Jun 202008,39934.901.69$14,197
May 202009,18416.921.81$16,667
Apr 202007,01014.751.80$12,649
Mar 202009,63030.341.86$17,875
Feb 202007,24749.881.98$14,354
Jan 202001,66657.252.09$3,490
Dec 201929,25459.012.30$21,443
Nov 2019528,67455.302.75$26,735
Oct 2019459,37853.472.42$25,087
Sep 2019438,94755.052.66$26,142
Aug 2019419,15453.112.30$23,272
Jul 2019449,10956.272.46$24,885
Jun 2019438,98652.782.49$24,655
May 2019549,09158.482.74$28,070
Apr 20196010,04362.632.75$31,383
Mar 2019539,55656.803.06$32,272
Feb 20195910,15550.852.79$31,355
Jan 20196312,31946.033.23$42,668
Dec 2018715,07446.594.19$63,417
Nov 2018112,25152.934.24$10,120
Oct 2018204,76861.443.40$17,431
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018147365.142.93$1,452
Jun 201831,14560.183.08$3,704
May 20181111,09965.382.90$32,915
Apr 201887,94963.842.90$23,569
Mar 20181411,35461.222.79$32,499
Feb 20181311,56661.782.77$32,796
Jan 201868,23862.874.01$33,406
Dec 201769,60257.272.92$28,396
Nov 2017711,66755.423.12$36,770
Oct 2017511,70849.292.98$35,179
Sep 20171011,07847.523.09$34,676
Aug 201799,88245.373.00$30,098
Jul 20171013,76943.873.09$42,947
Jun 20171013,82642.493.09$43,110
May 20171111,64945.373.26$38,514
Apr 20171111,97147.933.21$38,973
Mar 20171211,02246.772.98$33,447
Feb 20171111,25150.452.95$33,775
Jan 20171112,02849.413.42$41,665
Dec 20161211,67148.763.72$44,034
Nov 20161111,41442.492.64$30,650
Oct 2016812,00146.193.09$37,456
Sep 201611511,06341.553.10$39,081
Aug 201611312,71041.442.92$41,851
Jul 201611213,05841.622.92$42,847
Jun 201610512,97445.352.69$39,608
May 20169912,84142.521.99$29,776
Apr 201610411,30536.561.99$26,311
Mar 201611813,05233.011.79$27,311
Feb 20169612,69526.472.06$28,739
Jan 201611913,51927.352.36$35,218
Dec 201511813,51432.362.00$30,866
Nov 20153815,90438.792.17$35,943
Oct 20154410,54443.552.43$27,502
Sep 20154614,02042.992.76$40,651
Aug 20154615,31140.162.87$45,828
Jul 20155316,00548.152.95$49,688
Jun 20155116,02156.152.88$49,050
May 20155415,79555.212.96$49,663
Apr 20155913,41149.822.71$39,237
Mar 20156917,08042.892.93$53,084
Feb 20156415,18044.662.98$48,037
Jan 20158012,32043.433.10$41,674
Dec 20147717,53054.693.59$67,168
Nov 20145817,59670.464.25$78,902
Oct 201414114,89378.303.90$69,137
Sep 201414418,47986.164.05$87,163
Aug 201415218,59889.394.04$88,632
Jul 201414717,08796.564.18$85,611
Jun 201415918,60198.164.74$103,718
May 201417720,07294.734.73$111,639
Apr 201417321,07095.944.81$117,926
Mar 201419123,08695.895.06$135,056
Feb 201418423,59197.406.19$163,997
Jan 201421616,89090.404.86$101,624
Dec 20131495,10991.824.35$35,928
Nov 201314223,61088.853.74$100,877
Oct 2013679,24297.423.78$41,456
Sep 20133310,161104.113.72$41,212
Aug 20137417,617104.253.52$69,772
Jul 20137625,536102.523.72$102,728
Jun 20136519,85794.403.93$84,242
May 20137920,61294.834.15$93,012
Apr 20138016,75293.964.28$79,259
Mar 20139321,38893.623.91$92,395
Feb 20139722,97491.233.42$87,418
Jan 20139921,20691.603.42$81,591
Dec 20128623,00286.773.42$86,133
Nov 20125823,13386.953.62$88,899
Oct 20126025,46089.383.40$91,919
Sep 201228223,85294.672.92$96,307
Aug 201233825,67592.662.91$105,986
Jul 201231926,63185.133.02$107,603
Jun 201227024,05879.822.52$82,154
May 201232725,13691.612.49$92,503
Apr 201232525,130101.652.00$83,216
Mar 201235327,423105.052.22$98,019
Feb 201244026,645101.102.57$112,968
Jan 201251629,85198.092.73$132,229
Dec 201164431,11196.873.24$163,176
Nov 201152133,10195.723.31$159,477
Oct 201150539,23984.983.65$186,080
Sep 201131123,96783.623.99$121,533
Aug 201148737,79283.404.15$197,427
Jul 201145238,02494.144.52$214,315
Jun 201143636,48292.904.64$209,777
May 201146634,86498.134.40$199,298
Apr 201155337,673105.964.33$221,844
Mar 201170946,66296.364.06$257,643
Feb 201168345,64285.644.18$249,275
Jan 201161038,99986.504.59$231,723
Dec 201071354,11885.734.35$296,417
Nov 201067755,17180.843.80$264,121
Oct 201073761,03878.103.51$271,735
Sep 201069764,37072.633.98$306,782
Aug 201063898,70373.684.42$483,212
Jul 201029448,15672.554.74$249,420
Jun 201088784,04070.364.91$475,079
May 201098591,49771.124.24$457,563
Apr 20101,12757,93681.694.12$330,917
Mar 20101,28393,47578.394.39$510,805
Feb 20101,23398,48673.585.44$626,720
Jan 20101,508100,70774.365.96$712,760
Dec 20091,874141,97971.445.48$912,456
Nov 20091,370111,40374.593.75$520,117
Oct 20091,21698,89072.544.11$494,671

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                5,160 Mcf  × $  3.05 =    $15,717

────────────────────────────────────────────────────
Month total                                  $15,717

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/255032 is the state's own key, not one this site invented.