DIXON, WILLIAM L. GAS UNIT "A"

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

Gas lease lease 266920District 06Field 354153002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.2 M
Jul 2012 – May 2026
Value, last 12 filed months
$279 k
at the published price for each month
Months reported
167
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 351 leases and 351 wells, and the rule below applies to all of them.

Discovered
1980-12-20
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2017-12-05.

The Commission's schedule remark for this field reads: BE FILED IF THE OPERATOR CHOOSES. THIS IS A UFT FIELD.

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 Gas112016-09-19219215
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
CondensateDisposition11,672 bbl$689,805
GasProduction2,183,545 Mcf$7,528,143
Total$8,217,948

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 32.6229, -94.8291. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.62294, -94.82914 · 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
11,016 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 11,016 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-459314556H11,016 ftJul 2012

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 (167)

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

167 months

May 2026145,729106.413.05$18,939
Apr 2026155,61398.932.87$17,592
Mar 2026215,90189.753.15$20,470
Feb 202695,39763.503.75$20,812
Jan 2026155,89059.138.00$47,995
Dec 2025166,08456.664.41$27,757
Nov 2025155,90558.593.93$24,064
Oct 2025156,13459.383.30$21,163
Sep 2025105,98462.743.08$19,040
Aug 2025166,21363.933.01$19,754
Jul 2025106,39666.743.32$21,871
Jun 2025156,08166.483.13$20,023
May 2025156,36060.553.23$21,466
Apr 2025116,40262.363.54$23,369
Mar 2025195,58767.704.27$25,133
Feb 2025165,78770.884.34$26,255
Jan 2025156,13774.324.28$27,373
Dec 2024166,54868.993.12$21,543
Nov 2024156,35769.052.20$15,011
Oct 2024166,81171.372.28$16,681
Sep 2024166,81269.612.36$17,220
Aug 2024167,24275.632.06$16,155
Jul 2024117,18879.932.15$16,309
Jun 2024156,85478.082.63$19,225
May 2024217,03578.812.20$17,121
Apr 2024116,81984.451.66$12,243
Mar 2024176,95880.301.55$12,116
Feb 2024266,71176.091.78$13,948
Jan 2024196,59273.023.30$23,126
Dec 202386,80871.262.61$18,344
Nov 202386,86777.892.81$19,903
Oct 2023167,24385.443.09$23,728
Sep 2023116,83989.042.74$19,684
Aug 202367,19680.522.67$19,717
Jul 2023167,37074.852.64$20,668
Jun 2023157,10468.962.26$17,079
May 202307,53370.622.23$16,779
Apr 2023227,26978.122.24$17,985
Mar 2023237,66072.852.39$20,007
Feb 2023157,40875.112.47$19,392
Jan 2023307,57876.533.39$27,968
Dec 2022147,92076.415.73$46,444
Nov 2022217,38585.005.65$43,482
Oct 2022227,67287.185.86$46,905
Sep 2022147,61784.888.16$63,371
Aug 2022138,16094.529.13$75,706
Jul 2022138,209101.587.54$63,233
Jun 2022147,657115.097.98$62,693
May 2022267,975109.378.43$70,097
Apr 2022207,614104.226.84$54,146
Mar 2022227,804108.885.08$42,012
Feb 2022157,15891.054.86$36,145
Jan 2022157,86781.844.54$36,926
Dec 2021228,14671.323.90$33,331
Nov 2021156,66777.435.24$36,076
Oct 2021157,86179.795.71$46,114
Sep 2021237,93569.865.35$44,066
Aug 2021157,51766.024.22$32,716
Jul 2021238,33170.783.98$34,803
Jun 2021228,19269.493.38$29,223
May 2021248,36963.483.02$26,778
Apr 2021248,39760.362.76$24,611
Mar 2021159,35961.302.72$26,347
Feb 2021226,65457.805.55$38,188
Jan 2021229,43050.412.81$27,610
Dec 20202510,31644.642.68$28,716
Nov 2020239,06438.772.71$25,424
Oct 2020319,92336.972.48$25,740
Sep 20202310,16437.091.99$21,090
Aug 2020165,55439.982.39$13,887
Jul 2020227,57738.371.83$14,673
Jun 20202910,59034.901.69$18,912
May 20203110,93916.921.81$20,376
Apr 202012111,21014.751.80$22,012
Mar 20207912,53830.341.86$25,670
Feb 20203013,64049.881.98$28,513
Jan 20203057.252.09$172
Dec 2019132059.012.30$813
Nov 201916055.302.75$885
Oct 20199053.472.42$481
Sep 201922055.052.66$1,211
Aug 201942053.112.30$2,231
Jul 2019665,06956.272.46$16,184
Jun 20196510,09052.782.49$28,567
May 20196110,17158.482.74$31,439
Apr 20198810,47862.632.75$34,333
Mar 2019979,25356.803.06$33,843
Feb 2019738,16850.852.79$26,519
Jan 201911910,49546.033.23$39,357
Dec 201810210,81246.594.19$50,005
Nov 20187210,72252.934.24$49,243
Oct 2018749,10961.443.40$35,500
Sep 201811211,33459.543.11$41,895
Aug 20186811,57759.403.07$39,541
Jul 20189111,91565.142.93$40,861
Jun 20187111,08760.183.08$38,387
May 20189812,05365.382.90$41,371
Apr 20189711,50563.842.90$39,566
Mar 201810412,47661.222.79$41,136
Feb 20188610,91761.782.77$35,511
Jan 20188311,75562.874.01$52,348
Dec 20178412,61657.272.92$41,669
Nov 201710511,97855.423.12$43,171
Oct 201711011,81049.292.98$40,659
Sep 20179513,51047.523.09$46,224
Aug 20179514,38845.373.00$47,537
Jul 201711913,92543.873.09$48,211
Jun 20179314,14042.493.09$47,606
May 201711914,61045.373.26$53,077
Apr 20179714,24347.933.21$50,392
Mar 201712414,69646.772.98$49,648
Feb 20179713,80150.452.95$45,642
Jan 201711615,18249.413.42$57,636
Dec 201613115,05948.763.72$62,450
Nov 201611914,68142.492.64$43,878
Oct 201611716,41246.193.09$56,122
Sep 201611516,20641.553.10$55,027
Aug 201611518,33141.442.92$58,372
Jul 201611619,80441.622.92$62,742
Jun 201611619,50345.352.69$57,642
May 201613516,76042.521.99$39,110
Apr 201617016,01236.561.99$38,096
Mar 201622316,93733.011.79$37,746
Feb 201619416,21426.472.06$38,595
Jan 201622517,61027.352.36$47,790
Dec 201518818,20832.362.00$42,525
Nov 201522217,88138.792.17$47,365
Oct 201514819,94943.552.43$54,853
Sep 201514313,94242.992.76$44,605
Aug 201513718,57740.162.87$58,864
Jul 201518119,07848.152.95$64,901
Jun 201518118,72556.152.88$64,145
May 201518719,35255.212.96$67,518
Apr 201518519,33149.822.71$61,537
Mar 201523819,31442.892.93$66,889
Feb 201526517,67044.662.98$64,424
Jan 201531020,34343.433.10$76,539
Dec 201431521,22154.693.59$93,440
Nov 201428220,48870.464.25$106,981
Oct 201431022,12178.303.90$110,566
Sep 201425821,65086.164.05$109,813
Aug 201425122,72189.394.04$114,119
Jul 201431122,67196.564.18$124,786
Jun 201415822,62498.164.74$122,676
May 201431623,65894.734.73$141,756
Apr 201431623,77995.944.81$144,673
Mar 201431624,30995.895.06$153,227
Feb 201419521,78097.406.19$153,855
Jan 2014025,59390.404.86$124,400
Dec 2013025,59291.824.35$111,440
Nov 2013025,96588.853.74$97,064
Oct 2013026,38297.423.78$99,707
Sep 2013027,811104.113.72$103,394
Aug 2013029,784104.253.52$104,917
Jul 2013029,936102.523.72$111,294
Jun 2013028,81794.403.93$113,349
May 2013031,66694.834.15$131,385
Apr 2013030,52893.964.28$130,739
Mar 2013031,80393.623.91$124,441
Feb 2013028,94891.233.42$99,000
Jan 2013029,92691.603.42$102,344
Dec 2012032,63486.773.42$111,614
Nov 2012037,06586.953.62$134,359
Oct 2012037,83989.383.40$128,640
Sep 2012042,54994.672.92$124,175
Aug 2012028,05792.662.91$81,594
Jul 2012024,01185.133.02$72,532

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            14 bbl  × $106.41 =     $1,490
Gas                5,729 Mcf  × $  3.05 =    $17,450

────────────────────────────────────────────────────
Month total                                  $18,939

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/266920 is the state's own key, not one this site invented.