FINDLEY GAS UNIT "A"

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 255037District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.4 M
Nov 2009 – May 2026
Value, last 12 filed months
$325 k
at the published price for each month
Months reported
199
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 Gas112010-03-29197757
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
CondensateDisposition27,312 bbl$2,157,473
GasProduction3,342,177 Mcf$13,203,755
Total$15,361,227

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 32.6720, -94.2952. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.67200, -94.29515 · 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
9,729 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 9,729 ft.

Completions filed
Dec 2009
1 of 1 wells

1 well

42-203348477H9,729 ftDec 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 (199)

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

199 months

May 2026894,932106.413.05$24,493
Apr 2026954,67798.932.87$22,820
Mar 2026885,51389.753.15$25,261
Feb 2026855,01963.503.75$24,220
Jan 20261055,58559.138.00$50,877
Dec 20251135,78056.664.41$31,912
Nov 20251135,73458.593.93$29,135
Oct 20251065,81559.383.30$25,512
Sep 2025945,31362.743.08$22,245
Aug 2025955,51963.933.01$22,712
Jul 2025855,19666.743.32$22,899
Jun 2025915,38866.483.13$22,907
May 20251035,65760.553.23$24,522
Apr 20251065,52462.363.54$26,182
Mar 20251155,72867.704.27$32,234
Feb 2025935,19970.884.34$29,160
Jan 20251195,66474.324.28$33,079
Dec 20241175,72768.993.12$25,948
Nov 20241006,38369.052.20$20,938
Oct 20241136,04371.372.28$21,851
Sep 20241135,89469.612.36$21,801
Aug 2024845,81075.632.06$18,343
Jul 20241055,79279.932.15$20,826
Jun 2024965,58178.082.63$22,196
May 20241156,10978.812.20$22,493
Apr 20241095,87084.451.66$18,945
Mar 20241105,61280.301.55$17,504
Feb 20241115,34476.091.78$17,978
Jan 20241045,54773.023.30$25,886
Dec 20231025,29371.262.61$21,087
Nov 2023935,75677.892.81$23,404
Oct 20231056,00985.443.09$27,523
Sep 2023975,79089.042.74$24,473
Aug 2023936,07480.522.67$23,723
Jul 2023965,55374.852.64$21,856
Jun 2023886,23268.962.26$20,143
May 20231146,13070.622.23$21,705
Apr 2023995,07578.122.24$19,091
Mar 20231085,40072.852.39$20,791
Feb 2023734,05875.112.47$15,489
Jan 20231185,77076.533.39$28,578
Dec 20221165,99776.415.73$43,221
Nov 20221086,27785.005.65$44,621
Oct 20221025,50987.185.86$41,196
Sep 2022816,02884.888.16$56,086
Aug 20221026,21194.529.13$66,330
Jul 2022986,378101.587.54$58,058
Jun 20221026,507115.097.98$63,647
May 20221066,399109.378.43$65,556
Apr 2022845,490104.226.84$46,293
Mar 2022145,320108.885.08$28,531
Feb 2022114,13591.054.86$21,093
Jan 2022165,96281.844.54$28,363
Dec 2021156,19671.323.90$25,229
Nov 2021114,08977.435.24$22,265
Oct 2021146,13679.795.71$36,177
Sep 2021136,08869.865.35$33,485
Aug 2021125,57166.024.22$24,305
Jul 2021146,59370.783.98$27,245
Jun 2021146,40869.493.38$22,636
May 2021156,63463.483.02$20,971
Apr 2021186,86560.362.76$20,023
Mar 2021187,46961.302.72$21,396
Feb 2021125,49057.805.55$31,152
Jan 2021380750.412.81$2,419
Dec 2020124,76844.642.68$13,292
Nov 2020186,95838.772.71$19,530
Oct 2020177,20936.972.48$18,495
Sep 2020125,80437.091.99$12,001
Aug 2020126,22239.982.39$15,320
Jul 2020104,31738.371.83$8,263
Jun 2020114,99434.901.69$8,825
May 2020113,96716.921.81$7,385
Apr 2020227,60214.751.80$14,041
Mar 2020177,50230.341.86$14,441
Feb 202063,66349.881.98$7,554
Jan 202007057.252.09$147
Dec 201935359.012.30$299
Nov 201903255.302.75$88
Oct 2019113953.472.42$390
Sep 2019116155.052.66$483
Aug 2019114953.112.30$396
Jul 2019011256.272.46$276
Jun 2019117552.782.49$489
May 2019013558.482.74$370
Apr 20191057662.632.75$2,211
Mar 20195211,95056.803.06$39,546
Feb 20195011,00650.852.79$33,274
Jan 20195613,04646.033.23$44,693
Dec 20183313,71546.594.19$58,941
Nov 20184510,32652.934.24$46,136
Oct 201896,54761.443.40$22,800
Sep 20181059.543.11$60
Aug 201872,39559.403.07$7,760
Jul 2018197,49465.142.93$23,209
Jun 20181810,27560.183.08$32,699
May 201818065.382.90$297
Apr 201841,38763.842.90$4,279
Mar 2018145,63861.222.79$16,569
Feb 2018198,49461.782.77$24,669
Jan 20181310,36362.874.01$42,366
Dec 20171411,66157.272.92$34,870
Nov 2017129,80255.423.12$31,231
Oct 20171012,62549.292.98$38,162
Sep 20172013,98147.523.09$44,114
Aug 201782,49145.373.00$7,847
Jul 20172116,91543.873.09$53,143
Jun 2017225,67842.493.09$18,464
May 2017559,18945.373.26$32,483
Apr 2017558,68047.933.21$30,513
Mar 2017598,99246.772.98$29,589
Feb 2017559,15150.452.95$29,794
Jan 2017589,46749.413.42$35,232
Dec 20165910,05148.763.72$40,295
Nov 2016559,55742.492.64$27,609
Oct 2016428,04546.193.09$26,801
Sep 2016187,98641.553.10$25,510
Aug 2016178,33641.442.92$25,082
Jul 2016176,71941.622.92$20,356
Jun 2016169,60545.352.69$26,523
May 2016969,15842.521.99$22,316
Apr 201610010,25636.561.99$24,076
Mar 201611510,31133.011.79$22,294
Feb 2016937,72826.472.06$18,409
Jan 20161159,34427.352.36$25,238
Dec 201511410,23632.362.00$24,175
Nov 2015979,84738.792.17$25,104
Oct 20155910,48743.552.43$28,017
Sep 20156111,15542.992.76$33,393
Aug 20156211,12440.162.87$34,444
Jul 20157110,82248.152.95$35,290
Jun 20156910,70256.152.88$34,727
May 20157313,50555.212.96$43,944
Apr 20157814,85149.822.71$44,081
Mar 20159114,94342.892.93$47,756
Feb 20153810,26744.662.98$32,254
Jan 2015888,20343.433.10$29,256
Dec 20141069,48054.693.59$39,843
Nov 20141325,83870.464.25$34,123
Oct 20141147,44578.303.90$37,969
Sep 20141158,51686.164.05$44,359
Aug 20141222,23589.394.04$19,924
Jul 201411911,16296.564.18$58,143
Jun 201412810,50298.164.74$62,311
May 201414311,25894.734.73$66,758
Apr 201414011,87395.944.81$70,530
Mar 201415413,88795.895.06$84,991
Feb 201414911,27897.406.19$84,346
Jan 201417414,84190.404.86$87,868
Dec 201312017,47591.824.35$87,113
Nov 201311619,88888.853.74$84,654
Oct 20131257,08797.423.78$38,962
Sep 20131078,227104.113.72$41,726
Aug 201313719,677104.253.52$83,597
Jul 201314229,203102.523.72$123,127
Jun 201312123,50194.403.93$103,861
May 201314723,55194.834.15$111,655
Apr 201314924,72793.964.28$119,896
Mar 201317225,47793.623.91$115,791
Feb 201318126,37591.233.42$106,713
Jan 201318324,40591.603.42$100,226
Dec 201215925,47986.773.42$100,939
Nov 201211026,57686.953.62$105,901
Oct 201215529,81889.383.40$115,226
Sep 201219027,06594.672.92$96,974
Aug 201223330,01292.662.91$108,869
Jul 201221630,53085.133.02$110,613
Jun 201219028,72479.822.52$87,523
May 201222529,24191.612.49$93,373
Apr 201223330,570101.652.00$84,727
Mar 201224532,211105.052.22$97,313
Feb 201230731,522101.102.57$112,057
Jan 201235034,56798.092.73$128,840
Dec 201137333,47196.873.24$144,570
Nov 201128834,06395.723.31$140,359
Oct 201127038,06884.983.65$161,837
Sep 201125036,68683.623.99$167,128
Aug 201128240,52083.404.15$191,649
Jul 201126441,06494.144.52$210,349
Jun 201127842,83092.904.64$224,552
May 201134347,99098.134.40$245,046
Apr 201136346,450105.964.33$239,744
Mar 201139748,93696.364.06$236,805
Feb 201132639,36385.644.18$192,455
Jan 201143452,04986.504.59$276,382
Dec 201042960,16085.734.35$298,339
Nov 201045962,35080.843.80$273,744
Oct 201046265,20078.103.51$264,862
Sep 201024436,07872.633.98$161,293
Aug 201032879,86473.684.42$377,115
Jul 2010326100,49672.554.74$499,650
Jun 201051280,88070.364.91$433,177
May 201058887,88271.124.24$414,018
Apr 20101,05590,46781.694.12$459,150
Mar 20101,166112,46478.394.39$584,970
Feb 20101,162125,65473.585.44$769,354
Jan 20101,201106,98974.365.96$727,398
Dec 20091,363141,07771.445.48$871,004
Nov 200944460,05574.593.75$258,414

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            89 bbl  × $106.41 =     $9,470
Gas                4,932 Mcf  × $  3.05 =    $15,022

────────────────────────────────────────────────────
Month total                                  $24,493

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/255037 is the state's own key, not one this site invented.