TIMBERSTAR-PLATT GU 1

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 255471District 06Field 028703002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.4 M
Jan 2010 – May 2026
Value, last 12 filed months
$130 k
at the published price for each month
Months reported
197
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 Gas112010-08-31199019
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
CondensateDisposition907 bbl$69,588
GasProduction2,637,425 Mcf$10,366,506
Total$10,436,094

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 31.6206, -94.2678. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.62061, -94.26780 · 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
7,225 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 7,225 ft.

Completions filed
Jan 2010
1 of 1 wells

1 well

42-405302941H7,225 ftJan 2010

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 (197)

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

197 months

May 202602,866106.413.05$8,729
Apr 202612,88698.932.87$8,381
Mar 202602,50589.753.15$7,889
Feb 202602,02763.503.75$7,602
Jan 202602,94459.138.00$23,546
Dec 202503,26756.664.41$14,418
Nov 202503,14658.593.93$12,353
Oct 202503,07459.383.30$10,159
Sep 202522,89662.743.08$9,036
Aug 202502,94463.933.01$8,875
Jul 202502,99966.743.32$9,942
Jun 202502,93266.483.13$9,173
May 202503,15860.553.23$10,208
Apr 202503,02462.363.54$10,714
Mar 202503,32667.704.27$14,196
Feb 202503,20570.884.34$13,912
Jan 202533,49574.324.28$15,177
Dec 202402,68768.993.12$8,387
Nov 202493,01669.052.20$7,252
Oct 202403,27771.372.28$7,476
Sep 202432,92069.612.36$7,113
Aug 202403,22775.632.06$6,659
Jul 202403,18479.932.15$6,835
Jun 202403,22978.082.63$8,505
May 202403,20378.812.20$7,042
Apr 202403,47984.451.66$5,772
Mar 202403,71380.301.55$5,737
Feb 202404,94176.091.78$8,813
Jan 202404,76473.023.30$15,710
Dec 202304,13171.262.61$10,785
Nov 202304,01177.892.81$11,261
Oct 202304,39585.443.09$13,569
Sep 202304,48789.042.74$12,272
Aug 202304,23280.522.67$11,312
Jul 20231094,31474.852.64$19,555
Jun 202304,36868.962.26$9,865
May 202304,61470.622.23$10,277
Apr 202304,85978.122.24$10,873
Mar 202305,14372.852.39$12,308
Feb 202305,06275.112.47$12,481
Jan 202306,71776.533.39$22,755
Dec 202201,85076.415.73$10,599
Nov 202202,17085.005.65$12,252
Oct 202202,27887.185.86$13,358
Sep 202201,92984.888.16$15,748
Aug 202232,08994.529.13$19,350
Jul 202202,034101.587.54$15,341
Jun 202202,053115.097.98$16,377
May 202202,028109.378.43$17,102
Apr 202201,958104.226.84$13,388
Mar 202202,318108.885.08$11,767
Feb 202202,27691.054.86$11,059
Jan 202203,26381.844.54$14,806
Dec 202102,10571.323.90$8,208
Nov 202102,81977.435.24$14,763
Oct 202103,23979.795.71$18,507
Sep 202103,57969.865.35$19,151
Aug 202142,89466.024.22$12,478
Jul 202133,54370.783.98$14,321
Jun 202133,16169.493.38$10,895
May 202103,22163.483.02$9,720
Apr 202103,15160.362.76$8,692
Mar 202102,72861.302.72$7,412
Feb 202101,40457.805.55$7,789
Jan 2021192,76150.412.81$8,717
Dec 202003,99044.642.68$10,675
Nov 202005,01338.772.71$13,568
Oct 202005,11036.972.48$12,665
Sep 202004,62537.091.99$9,209
Aug 202004,68639.982.39$11,177
Jul 202004,69738.371.83$8,573
Jun 202004,48734.901.69$7,584
May 202004,78216.921.81$8,678
Apr 202004,48814.751.80$8,098
Mar 202054,88730.341.86$9,223
Feb 202004,67949.881.98$9,268
Jan 202005,11857.252.09$10,721
Dec 201955,45559.012.30$12,865
Nov 201904,83355.302.75$13,294
Oct 201904,78253.472.42$11,565
Sep 201904,69855.052.66$12,484
Aug 201905,08553.112.30$11,718
Jul 201905,32756.272.46$13,105
Jun 201905,07552.782.49$12,643
May 201905,38358.482.74$14,751
Apr 201905,27762.632.75$14,515
Mar 201905,62756.803.06$17,230
Feb 201905,37150.852.79$14,997
Jan 201906,10046.033.23$19,692
Dec 201856,26346.594.19$26,446
Nov 201805,70652.934.24$24,178
Oct 201806,03461.443.40$20,504
Sep 201866,23159.543.11$19,723
Aug 201806,74259.403.07$20,675
Jul 201806,59465.142.93$19,333
Jun 201806,90560.183.08$21,246
May 201807,09865.382.90$20,590
Apr 201806,28363.842.90$18,226
Mar 201806,17961.222.79$17,220
Feb 201805,89761.782.77$16,312
Jan 201805,66162.874.01$22,697
Dec 201736,27357.272.92$18,499
Nov 201705,67355.423.12$17,690
Oct 201706,27349.292.98$18,717
Sep 201706,14047.523.09$18,956
Aug 201706,25545.373.00$18,793
Jul 201706,43343.873.09$19,860
Jun 201706,35442.493.09$19,617
May 201703,22845.373.26$10,534
Apr 201706,71447.933.21$21,563
Mar 201706,92646.772.98$20,665
Feb 2017156,69650.452.95$20,527
Jan 201707,78049.413.42$26,598
Dec 201607,09248.763.72$26,402
Nov 201606,84942.492.64$18,111
Oct 201607,14346.193.09$22,074
Sep 201607,01441.553.10$21,748
Aug 201607,57141.442.92$22,140
Jul 201608,15941.622.92$23,860
Jun 201607,29345.352.69$19,588
May 201607,75242.521.99$15,435
Apr 201607,57536.561.99$15,082
Mar 201607,89533.011.79$14,164
Feb 201607,57326.472.06$15,628
Jan 201608,16027.352.36$19,293
Dec 201508,34532.362.00$16,702
Nov 201508,02238.792.17$17,386
Oct 201507,97243.552.43$19,345
Sep 2015148,14542.992.76$23,069
Aug 2015858,98640.162.87$29,226
Jul 201508,56448.152.95$25,222
Jun 201508,64656.152.88$24,925
May 201509,84555.212.96$29,096
Apr 201509,08649.822.71$24,592
Mar 2015010,21942.892.93$29,990
Feb 201508,82244.662.98$26,256
Jan 2015010,38943.433.10$32,212
Dec 2014010,67454.693.59$38,334
Nov 2014010,60770.464.25$45,099
Oct 2014011,01178.303.90$42,953
Sep 2014010,96686.164.05$44,362
Aug 2014011,57789.394.04$46,715
Jul 2014011,72896.564.18$49,018
Jun 2014011,32598.164.74$53,645
May 2014012,04494.734.73$56,927
Apr 2014011,76595.944.81$56,579
Mar 2014012,62095.895.06$63,817
Feb 2014011,64397.406.19$72,093
Jan 2014013,14490.404.86$63,889
Dec 2013013,48791.824.35$58,729
Nov 2013013,41588.853.74$50,149
Oct 2013014,13597.423.78$53,421
Sep 2013013,981104.113.72$51,978
Aug 2013014,810104.253.52$52,170
Jul 2013015,299102.523.72$56,878
Jun 2013015,08994.403.93$59,351
May 2013014,82294.834.15$61,498
Apr 201310115,02693.964.28$73,840
Mar 2013015,57293.623.91$60,931
Feb 2013014,84991.233.42$50,782
Jan 2013017,05391.603.42$58,320
Dec 2012017,43486.773.42$59,627
Nov 2012017,54786.953.62$63,607
Oct 2012018,85489.383.40$64,098
Sep 2012018,97794.672.92$55,382
Aug 2012020,01892.662.91$58,216
Jul 2012020,86885.133.02$63,038
Jun 2012020,58779.822.52$51,859
May 2012022,07091.612.49$54,917
Apr 2012020,820101.652.00$41,573
Mar 2012022,602105.052.22$50,223
Feb 2012021,876101.102.57$56,227
Jan 2012024,75698.092.73$67,685
Dec 201110126,54396.873.24$95,776
Nov 2011025,56195.723.31$84,640
Oct 2011028,16584.983.65$102,761
Sep 2011028,67183.623.99$114,277
Aug 2011030,60783.404.15$126,998
Jul 2011032,69794.144.52$147,700
Jun 2011032,81592.904.64$152,258
May 2011036,61398.134.40$161,274
Apr 2011038,350105.964.33$166,181
Mar 20119444,25796.364.06$188,624
Feb 2011038,91785.644.18$162,672
Jan 2011048,98886.504.59$224,795
Dec 2010053,72085.734.35$233,561
Nov 2010054,72180.843.80$207,684
Oct 20109246,80378.103.51$171,412
Sep 2010046,98772.633.98$186,983
Aug 2010054,88273.684.42$242,543
Jul 2010052,07672.554.74$246,657
Jun 201010366,23170.364.91$332,468
May 2010082,02871.124.24$347,407
Apr 20108996,65281.694.12$405,737
Mar 20100126,50778.394.39$555,197
Feb 201026208,24673.585.44$1,135,263
Jan 2010496,78974.365.96$577,556

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                2,866 Mcf  × $  3.05 =     $8,729

────────────────────────────────────────────────────
Month total                                   $8,729

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/255471 is the state's own key, not one this site invented.