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 265510District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.7 M
Sep 2010 – May 2026
Value, last 12 filed months
$151 k
at the published price for each month
Months reported
189
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 Gas222013-02-09 – 2013-04-052 dockets
NGPA2none

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
CondensateDisposition17,315 bbl$1,184,736
GasProduction2,127,962 Mcf$7,548,433
Total$8,733,170

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 32.6746, -94.3063. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.67459, -94.30625 · 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
9,774 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 9,774 ft.

Completions filed
Sep 2010
1 of 1 wells

1 well

42-203349556H9,774 ftSep 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 (189)

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

189 months

May 2026552,512106.413.05$13,504
Apr 2026552,31098.932.87$12,070
Mar 2026462,36289.753.15$11,567
Feb 2026452,25763.503.75$11,322
Jan 2026542,35359.138.00$22,012
Dec 2025572,38956.664.41$13,773
Nov 2025572,37758.593.93$12,673
Oct 2025542,42859.383.30$11,231
Sep 2025482,22462.743.08$9,855
Aug 2025512,39563.933.01$10,481
Jul 2025482,40066.743.32$11,160
Jun 2025502,41866.483.13$10,889
May 2025552,50260.553.23$11,418
Apr 2025562,40662.363.54$12,017
Mar 2025582,40867.704.27$14,205
Feb 2025472,12370.884.34$12,547
Jan 2025622,38874.324.28$14,825
Dec 2024602,44868.993.12$11,781
Nov 2024462,43269.052.20$8,523
Oct 2024572,45971.372.28$9,678
Sep 2024582,45869.612.36$9,849
Aug 2024452,56475.632.06$8,695
Jul 2024552,53079.932.15$9,827
Jun 2024502,36278.082.63$10,125
May 2024562,42178.812.20$9,736
Apr 2024552,38284.451.66$8,597
Mar 2024642,68380.301.55$9,285
Feb 2024672,58976.091.78$9,716
Jan 2024662,78173.023.30$13,990
Dec 2023632,53871.262.61$11,115
Nov 2023552,67277.892.81$11,786
Oct 2023542,28985.443.09$11,681
Sep 2023653,00589.042.74$14,006
Aug 2023643,23480.522.67$13,797
Jul 2023683,18774.852.64$13,509
Jun 2023563,08168.962.26$10,820
May 2023783,20270.622.23$12,640
Apr 2023752,94978.122.24$12,458
Mar 2023863,23472.852.39$14,005
Feb 2023652,91575.112.47$12,070
Jan 2023863,27276.533.39$17,666
Dec 2022833,38976.415.73$25,758
Nov 2022733,22985.005.65$24,437
Oct 2022853,51287.185.86$28,004
Sep 2022724,15484.888.16$40,023
Aug 2022894,27994.529.13$47,467
Jul 2022814,023101.587.54$38,570
Jun 2022894,300115.097.98$44,545
May 20221034,688109.378.43$50,799
Apr 20221084,590104.226.84$42,640
Mar 20221174,830108.885.08$37,258
Feb 20221214,49891.054.86$32,872
Jan 20221385,06581.844.54$34,277
Dec 20211255,02371.323.90$28,500
Nov 20211174,85577.435.24$34,484
Oct 20211135,08179.795.71$38,048
Sep 20211044,97969.865.35$33,908
Aug 2021894,15366.024.22$23,404
Jul 2021984,42470.783.98$24,553
Jun 20211024,55169.493.38$22,473
May 20211094,74163.483.02$21,226
Apr 20211264,65260.362.76$20,438
Mar 20211154,83261.302.72$20,178
Feb 20211074,08957.805.55$28,870
Jan 20211375,13750.412.81$21,343
Dec 20201325,28244.642.68$20,024
Nov 20201274,92938.772.71$18,264
Oct 20201245,06936.972.48$17,147
Sep 20201005,11537.091.99$13,893
Aug 20201015,22039.982.39$16,488
Jul 20201085,27738.371.83$13,775
Jun 20201055,21534.901.69$12,479
May 20201235,48416.921.81$12,033
Apr 20201485,61214.751.80$12,309
Mar 20201275,30530.341.86$13,700
Feb 20201144,17449.881.98$13,954
Jan 20201245,16957.252.09$17,927
Dec 20191135,17759.012.30$18,598
Nov 20191706,82455.302.75$28,172
Oct 20191487,43853.472.42$25,903
Sep 20191417,09255.052.66$26,607
Aug 20191407,40953.112.30$24,508
Jul 20191467,29956.272.46$26,171
Jun 20191437,03752.782.49$25,078
May 20191857,57858.482.74$31,585
Apr 20191897,42262.632.75$32,253
Mar 20191817,96956.803.06$34,683
Feb 20191707,00950.852.79$28,215
Jan 20191927,88946.033.23$34,305
Dec 20181787,84346.594.19$41,119
Nov 20181547,69852.934.24$40,769
Oct 20181608,16361.443.40$37,569
Sep 20181377,13759.543.11$30,339
Aug 20181518,03859.403.07$33,618
Jul 20181827,67865.142.93$34,366
Jun 20181778,40560.183.08$36,513
May 20181648,96865.382.90$36,737
Apr 20181035,20363.842.90$21,668
Mar 20181988,72161.222.79$36,426
Feb 20181818,00561.782.77$33,325
Jan 20181048,21662.874.01$39,479
Dec 20171028,42257.272.92$30,447
Nov 20171028,36255.423.12$31,729
Oct 2017698,92549.292.98$30,030
Sep 20171458,28747.523.09$32,475
Aug 20171368,25745.373.00$30,978
Jul 201714810,14143.873.09$37,801
Jun 20171429,57942.493.09$35,607
May 20171619,07345.373.26$36,913
Apr 20171608,76947.933.21$35,831
Mar 20171728,71646.772.98$34,050
Feb 20171608,18650.452.95$32,242
Jan 20171699,24149.413.42$39,943
Dec 20161749,44348.763.72$43,639
Nov 20161629,33942.492.64$31,579
Oct 201612410,51246.193.09$38,212
Sep 20164410,08041.553.10$33,083
Aug 20164310,70141.442.92$33,075
Jul 20164310,19141.622.92$31,592
Jun 2016408,85545.352.69$25,597
May 2016389,34942.521.99$20,230
Apr 2016408,69236.561.99$18,769
Mar 2016459,67033.011.79$18,834
Feb 2016379,43226.472.06$20,444
Jan 20164610,13727.352.36$25,226
Dec 20154510,25632.362.00$21,983
Nov 20153811,43938.792.17$26,266
Oct 20151011,42043.552.43$28,147
Sep 20151112,51242.992.76$34,986
Aug 20151113,62040.162.87$39,565
Jul 20151214,08848.152.95$42,068
Jun 20151213,47056.152.88$39,506
May 20151314,65755.212.96$44,036
Apr 20151314,17049.822.71$39,000
Mar 20151615,27442.892.93$45,511
Feb 20151512,18944.662.98$36,947
Jan 20151914,67143.433.10$46,315
Dec 20141814,91354.693.59$54,542
Nov 20141712,89470.464.25$56,021
Oct 201413412,75878.303.90$60,261
Sep 201413713,96186.164.05$68,282
Aug 201414514,24189.394.04$70,426
Jul 201414114,39496.564.18$73,776
Jun 201415114,27698.164.74$82,446
May 201416915,46594.734.73$89,106
Apr 201416515,73895.944.81$91,516
Mar 201418216,03995.895.06$98,558
Feb 201417614,23497.406.19$105,279
Jan 201420615,48190.404.86$93,871
Dec 201314216,41591.824.35$84,517
Nov 201313714,28188.853.74$65,559
Oct 201314815,32797.423.78$72,344
Sep 201312715,604104.113.72$71,234
Aug 201316216,436104.253.52$74,786
Jul 201316823,053102.523.72$102,928
Jun 201314317,55694.403.93$82,554
May 201317418,48094.834.15$93,175
Apr 201317618,13393.964.28$94,193
Mar 201320319,63993.623.91$95,850
Feb 201321420,74591.233.42$90,469
Jan 201321720,24891.603.42$89,124
Dec 201218819,98986.773.42$84,678
Nov 201214521,10086.953.62$89,094
Oct 201248024,44489.383.40$126,004
Sep 2012018,17394.672.92$53,036
Aug 2012022,61392.662.91$65,762
Jul 2012022,74885.133.02$68,717
Jun 2012023,21279.822.52$58,472
May 2012025,32191.612.49$63,007
Apr 2012024,479101.652.00$48,880
Mar 2012025,688105.052.22$57,081
Feb 2012024,289101.102.57$62,429
Jan 2012027,10298.092.73$74,099
Dec 2011029,18496.873.24$94,549
Nov 2011029,94095.723.31$99,140
Oct 2011032,04684.983.65$116,921
Sep 2011030,44183.623.99$121,332
Aug 2011031,73583.404.15$131,679
Jul 2011032,00594.144.52$144,574
Jun 2011033,95092.904.64$157,524
May 2011038,84598.134.40$171,105
Apr 2011040,148105.964.33$173,973
Mar 2011042,90796.364.06$174,088
Feb 2011037,04485.644.18$154,843
Jan 2011049,42886.504.59$226,814
Dec 2010073,05485.734.35$317,621
Nov 2010067,20680.843.80$255,069
Oct 2010055,35378.103.51$194,228
Sep 20100072.633.98$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            55 bbl  × $106.41 =     $5,853
Gas                2,512 Mcf  × $  3.05 =     $7,651

────────────────────────────────────────────────────
Month total                                  $13,504

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/265510 is the state's own key, not one this site invented.