TIMBERSTAR-PLATT 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 260837District 06Field 028703002 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.8 M
Dec 2010 – May 2026
Value, last 12 filed months
$261 k
at the published price for each month
Months reported
186
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 Gas112012-02-17204119
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
CondensateDisposition1,310 bbl$102,368
GasProduction3,770,340 Mcf$13,711,622
Total$13,813,990

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 31.6043, -94.2599. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.60428, -94.25989 · 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
7,434 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 7,434 ft.

Completions filed
Dec 2010
1 of 1 wells

1 well

42-405303631H7,434 ftDec 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 (186)

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

186 months

May 202606,059106.413.05$18,455
Apr 202615,45098.932.87$15,739
Mar 202605,84189.753.15$18,396
Feb 202605,45263.503.75$20,447
Jan 202605,76759.138.00$46,124
Dec 202505,91656.664.41$26,109
Nov 202505,59558.593.93$21,968
Oct 202505,87159.383.30$19,403
Sep 202505,84462.743.08$17,982
Aug 202505,92163.933.01$17,850
Jul 202505,99466.743.32$19,871
Jun 202505,80966.483.13$18,175
May 202506,16560.553.23$19,927
Apr 202505,85362.363.54$20,738
Mar 202506,35967.704.27$27,142
Feb 202505,79470.884.34$25,151
Jan 202506,06374.324.28$25,942
Dec 202406,38368.993.12$19,924
Nov 20241216,04069.052.20$21,634
Oct 202406,26371.372.28$14,288
Sep 202406,16369.612.36$14,572
Aug 202406,36175.632.06$13,127
Jul 202406,44279.932.15$13,828
Jun 202406,40278.082.63$16,863
May 202406,13478.812.20$13,485
Apr 202406,48684.451.66$10,762
Mar 202406,87180.301.55$10,617
Feb 202406,28176.091.78$11,203
Jan 202406,89573.023.30$22,737
Dec 202306,97671.262.61$18,212
Nov 202306,77477.892.81$19,018
Oct 202306,78285.443.09$20,938
Sep 202306,66689.042.74$18,232
Aug 202306,72380.522.67$17,970
Jul 202307,06874.852.64$18,672
Jun 202307,02368.962.26$15,861
May 202307,26870.622.23$16,189
Apr 202307,25878.122.24$16,242
Mar 202307,38072.852.39$17,662
Feb 202306,62375.112.47$16,330
Jan 202307,28176.533.39$24,666
Dec 202207,35976.415.73$42,160
Nov 202207,11185.005.65$40,150
Oct 202207,21187.185.86$42,284
Sep 202206,70084.888.16$54,697
Aug 202207,15094.529.13$65,259
Jul 202207,509101.587.54$56,633
Jun 202207,384115.097.98$58,904
May 202207,694109.378.43$64,884
Apr 202207,643104.226.84$52,260
Mar 202207,845108.885.08$39,824
Feb 202207,05791.054.86$34,289
Jan 202207,99581.844.54$36,279
Dec 202108,15571.323.90$31,797
Nov 202109,66577.435.24$50,614
Oct 2021013,73779.795.71$78,491
Sep 2021011,26869.865.35$60,294
Aug 2021011,32066.024.22$47,777
Jul 202138,13070.783.98$32,587
Jun 202136,64769.493.38$22,679
May 202108,64763.483.02$26,094
Apr 202109,74160.362.76$26,870
Mar 202109,52961.302.72$25,890
Feb 202108,58157.805.55$47,607
Jan 2021458,85650.412.81$27,156
Dec 202009,37344.642.68$25,077
Nov 202009,18038.772.71$24,846
Oct 2020010,06236.972.48$24,938
Sep 202008,58937.091.99$17,101
Aug 202009,48939.982.39$22,632
Jul 202009,56638.371.83$17,459
Jun 202007,99334.901.69$13,511
May 202008,82116.921.81$16,008
Apr 202009,58314.751.80$17,291
Mar 2020109,89730.341.86$18,675
Feb 202009,05649.881.98$17,937
Jan 202009,67857.252.09$20,273
Dec 20191010,05259.012.30$23,754
Nov 201909,52055.302.75$26,187
Oct 201909,73853.472.42$23,552
Sep 201909,91455.052.66$26,344
Aug 2019010,16653.112.30$23,426
Jul 201909,99256.272.46$24,581
Jun 2019010,01152.782.49$24,939
May 201917210,69658.482.74$39,369
Apr 2019010,63762.632.75$29,259
Mar 2019011,33356.803.06$34,703
Feb 2019010,33850.852.79$28,866
Jan 2019011,34446.033.23$36,620
Dec 20181011,57746.594.19$48,921
Nov 2018010,99952.934.24$46,605
Oct 2018011,35361.443.40$38,578
Sep 20181011,05659.543.11$34,957
Aug 2018011,56559.403.07$35,465
Jul 2018011,81065.142.93$34,626
Jun 2018011,49960.183.08$35,382
May 2018012,12665.382.90$35,175
Apr 2018011,90363.842.90$34,528
Mar 2018012,28461.222.79$34,234
Feb 2018011,24961.782.77$31,116
Jan 2018012,33062.874.01$49,435
Dec 2017612,85857.272.92$37,909
Nov 2017012,47055.423.12$38,886
Oct 2017012,97849.292.98$38,722
Sep 2017012,49847.523.09$38,585
Aug 2017012,99745.373.00$39,048
Jul 2017012,82043.873.09$39,579
Jun 2017012,88642.493.09$39,783
May 201706,57445.373.26$21,454
Apr 2017013,47647.933.21$43,280
Mar 2017013,64546.772.98$40,712
Feb 20172812,82150.452.95$39,268
Jan 2017014,18049.413.42$48,479
Dec 2016014,34548.763.72$53,404
Nov 2016013,97542.492.64$36,955
Oct 2016014,39146.193.09$44,472
Sep 2016014,02141.553.10$43,474
Aug 2016014,86441.442.92$43,467
Jul 2016015,63141.622.92$45,710
Jun 2016014,43645.352.69$38,773
May 2016015,52742.521.99$30,915
Apr 2016015,50936.561.99$30,879
Mar 2016015,49633.011.79$27,800
Feb 2016014,23026.472.06$29,365
Jan 2016015,40627.352.36$36,425
Dec 2015015,70032.362.00$31,422
Nov 2015015,50538.792.17$33,604
Oct 2015015,27443.552.43$37,064
Sep 201520415,14942.992.76$50,557
Aug 2015015,99340.162.87$45,940
Jul 2015015,94748.152.95$46,965
Jun 2015016,31556.152.88$47,034
May 2015018,47355.212.96$54,596
Apr 2015018,43549.822.71$49,896
Mar 2015019,32542.892.93$56,713
Feb 2015017,60744.662.98$52,402
Jan 2015020,07243.433.10$62,236
Dec 2014020,18454.693.59$72,488
Nov 2014020,14170.464.25$85,636
Oct 2014020,95078.303.90$81,725
Sep 2014020,34786.164.05$82,313
Aug 2014020,86489.394.04$84,189
Jul 2014021,94096.564.18$91,700
Jun 2014021,37198.164.74$101,232
May 2014022,91994.734.73$108,328
Apr 2014022,63995.944.81$108,874
Mar 2014023,43295.895.06$118,491
Feb 2014021,53197.406.19$133,320
Jan 2014024,30590.404.86$118,140
Dec 2013025,05391.824.35$109,093
Nov 2013024,92288.853.74$93,165
Oct 2013026,16197.423.78$98,872
Sep 2013026,237104.113.72$97,542
Aug 2013028,106104.253.52$99,006
Jul 2013028,686102.523.72$106,647
Jun 2013027,14194.403.93$106,757
May 201317026,60894.834.15$126,520
Apr 2013027,96293.964.28$119,750
Mar 2013028,44493.623.91$111,298
Feb 2013028,44791.233.42$97,286
Jan 2013032,94891.603.42$112,679
Dec 2012034,06786.773.42$116,515
Nov 2012034,53686.953.62$125,192
Oct 2012037,42089.383.40$127,216
Sep 2012037,92894.672.92$110,689
Aug 2012039,75392.662.91$115,608
Jul 2012037,48885.133.02$113,244
Jun 2012042,46679.822.52$106,974
May 2012045,36791.612.49$112,888
Apr 2012044,077101.652.00$88,013
Mar 201218347,303105.052.22$124,335
Feb 2012046,775101.102.57$120,223
Jan 2012052,53798.092.73$143,640
Dec 2011057,25096.873.24$185,475
Nov 2011058,54195.723.31$193,846
Oct 2011065,67384.983.65$239,611
Sep 2011068,23283.623.99$271,959
Aug 2011076,62383.404.15$317,933
Jul 2011085,72694.144.52$387,245
Jun 201115791,66792.904.64$439,909
May 20110109,11198.134.40$480,614
Apr 2011177117,440105.964.33$527,655
Mar 20110120,84896.364.06$490,321
Feb 20110127,70785.644.18$533,813
Jan 20110242,54286.504.59$1,112,972
Dec 2010088,08785.734.35$382,980

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                6,059 Mcf  × $  3.05 =    $18,455

────────────────────────────────────────────────────
Month total                                  $18,455

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/260837 is the state's own key, not one this site invented.