MCGEE GAS UNIT -B-

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 266921District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.0 M
Jul 2012 – May 2026
Value, last 12 filed months
$305 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 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 Gas222013-05-03 – 2013-05-212 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
CondensateDisposition17,852 bbl$1,261,549
GasProduction2,851,960 Mcf$9,719,108
Total$10,980,657

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 32.5799, -94.4218. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.57988, -94.42175 · 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
9,825 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 9,825 ft.

Completions filed
Oct 2012
1 of 1 wells

1 well

42-203350957H9,825 ftOct 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 2026456,115106.413.05$23,414
Apr 2026485,98498.932.87$21,921
Mar 2026416,19389.753.15$23,184
Feb 2026395,68663.503.75$23,801
Jan 2026486,33959.138.00$53,537
Dec 2025475,83756.664.41$28,424
Nov 2025465,73258.593.93$25,201
Oct 2025425,64859.383.30$21,160
Sep 2025395,42062.743.08$19,124
Aug 2025436,02063.933.01$20,898
Jul 2025406,08066.743.32$22,826
Jun 2025415,95266.483.13$21,348
May 2025466,07460.553.23$22,418
Apr 2025486,25462.363.54$25,152
Mar 2025526,30767.704.27$30,441
Feb 2025425,70970.884.34$27,759
Jan 2025536,01374.324.28$29,667
Dec 2024526,34668.993.12$23,396
Nov 2024426,74169.052.20$17,720
Oct 2024526,75871.372.28$19,129
Sep 2024536,62869.612.36$19,360
Aug 2024416,88175.632.06$17,301
Jul 2024516,88579.932.15$18,856
Jun 2024456,52178.082.63$20,690
May 2024516,80878.812.20$18,986
Apr 2024496,49084.451.66$14,906
Mar 2024536,66980.301.55$14,560
Feb 2024546,39076.091.78$15,506
Jan 2024546,69073.023.30$26,004
Dec 2023526,25871.262.61$20,043
Nov 2023496,98577.892.81$23,427
Oct 2023577,47685.443.09$27,951
Sep 2023527,30289.042.74$24,601
Aug 2023507,52580.522.67$24,139
Jul 2023547,57774.852.64$24,059
Jun 2023447,42568.962.26$19,803
May 2023577,01870.622.23$19,657
Apr 2023566,69878.122.24$19,363
Mar 2023626,89772.852.39$21,022
Feb 2023476,29775.112.47$19,057
Jan 2023627,11976.533.39$28,862
Dec 2022586,88176.415.73$43,854
Nov 2022587,68685.005.65$48,327
Oct 2022638,18287.185.86$53,470
Sep 2022478,10684.888.16$70,164
Aug 2022608,42894.529.13$82,595
Jul 2022568,598101.587.54$70,535
Jun 2022578,370115.097.98$73,329
May 2022587,961109.378.43$73,479
Apr 2022597,502104.226.84$57,445
Mar 2022637,670108.885.08$45,795
Feb 2022647,25991.054.86$41,098
Jan 2022727,94481.844.54$41,940
Dec 2021667,84471.323.90$35,292
Nov 2021647,87377.435.24$46,185
Oct 2021628,40679.795.71$52,978
Sep 2021598,22369.865.35$48,122
Aug 2021628,70766.024.22$40,842
Jul 2021648,77170.783.98$39,457
Jun 2021648,56269.493.38$33,392
May 2021688,89763.483.02$31,165
Apr 2021808,95160.362.76$29,519
Mar 2021739,25561.302.72$29,620
Feb 2021687,88657.805.55$47,682
Jan 2021809,10250.412.81$29,612
Dec 2020789,28444.642.68$28,321
Nov 2020799,19838.772.71$27,958
Oct 2020779,43036.972.48$26,218
Sep 2020629,57837.091.99$21,370
Aug 2020639,62839.982.39$25,482
Jul 2020669,61638.371.83$20,083
Jun 2020639,41234.901.69$18,108
May 2020739,88816.921.81$19,179
Apr 2020839,15814.751.80$17,749
Mar 20208810,80930.341.86$22,734
Feb 20208510,02749.881.98$24,100
Jan 2020678,39857.252.09$21,427
Dec 2019709,74959.012.30$26,596
Nov 2019618,76455.302.75$27,480
Oct 2019558,48153.472.42$23,452
Sep 2019406,41255.052.66$19,240
Aug 2019608,82853.112.30$23,529
Jul 2019528,55856.272.46$23,979
Jun 2019538,03752.782.49$22,819
May 2019496,66158.482.74$21,119
Apr 2019477,56462.632.75$23,750
Mar 2019679,16156.803.06$31,858
Feb 2019546,94850.852.79$22,146
Jan 2019657,57846.033.23$27,455
Dec 2018668,07946.594.19$36,889
Nov 2018638,45652.934.24$39,165
Oct 2018629,99561.443.40$37,773
Sep 2018629,25259.543.11$32,447
Aug 20187312,31459.403.07$42,098
Jul 20187112,18265.142.93$40,341
Jun 20188913,00460.183.08$45,368
May 20188714,45865.382.90$47,628
Apr 201811414,60663.842.90$49,647
Mar 201811813,96561.222.79$46,142
Feb 201811114,65461.782.77$47,392
Jan 201812216,96462.874.01$75,684
Dec 201712817,06657.272.92$57,189
Nov 201713416,46955.423.12$58,783
Oct 201713216,70849.292.98$56,358
Sep 20179816,19247.523.09$54,646
Aug 20179917,23345.373.00$56,266
Jul 201710614,30843.873.09$48,823
Jun 201711016,65242.493.09$56,083
May 201711717,50445.373.26$62,431
Apr 201715119,30247.933.21$69,228
Mar 201716321,07146.772.98$70,493
Feb 201716119,01450.452.95$64,263
Jan 201717221,35449.413.42$81,504
Dec 201618021,30148.763.72$88,077
Nov 201618120,12042.492.64$60,895
Oct 201615019,32246.193.09$66,639
Sep 20165119,13241.553.10$61,440
Aug 20165319,56741.442.92$59,417
Jul 20165319,84841.622.92$60,248
Jun 20165120,26145.352.69$56,730
May 20165420,56642.521.99$43,244
Apr 20165820,12136.561.99$42,182
Mar 20166521,16033.011.79$40,107
Feb 20166820,38026.472.06$43,857
Jan 20167522,18927.352.36$54,514
Dec 20157122,57332.362.00$47,475
Nov 20155523,04538.792.17$52,080
Oct 20154525,33743.552.43$63,442
Sep 201516725,41042.992.76$77,271
Aug 201516727,43740.162.87$85,519
Jul 201519227,11648.152.95$89,104
Jun 201518726,96356.152.88$88,231
May 201519827,07555.212.96$90,950
Apr 201521427,58049.822.71$85,309
Mar 201525127,77442.892.93$92,274
Feb 201523224,76744.662.98$84,072
Jan 201529229,10443.433.10$102,922
Dec 201428129,65554.693.59$121,870
Nov 201419728,84070.464.25$136,504
Oct 201419130,75778.303.90$134,937
Sep 201419530,46186.164.05$140,029
Aug 201420631,76489.394.04$146,586
Jul 201420032,29396.564.18$154,284
Jun 201421632,73898.164.74$176,279
May 201424035,90594.734.73$192,442
Apr 201423539,86995.944.81$214,281
Mar 201426053,93995.895.06$297,690
Feb 201425011,49097.406.19$95,496
Jan 201429332590.404.86$28,067
Dec 201320211,61791.824.35$69,134
Nov 201319731,83688.853.74$136,515
Oct 201327931,75197.423.78$147,179
Sep 201324034,863104.113.72$154,598
Aug 201330633,952104.253.52$151,500
Jul 201331746,323102.523.72$204,716
Jun 201326946,79394.403.93$209,450
May 201332837,13594.834.15$185,180
Apr 201333243,42193.964.28$217,149
Mar 201338444,70293.623.91$210,863
Feb 201340850,36691.233.42$209,469
Jan 201355856,81091.603.42$245,398
Dec 201246870,61086.773.42$282,106
Nov 2012073,72086.953.62$267,232
Oct 2012052,71289.383.40$179,204
Sep 2012096,48094.672.92$281,567
Aug 2012080,02292.662.91$232,717
Jul 2012057,88385.133.02$174,853

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            45 bbl  × $106.41 =     $4,788
Gas                6,115 Mcf  × $  3.05 =    $18,625

────────────────────────────────────────────────────
Month total                                  $23,414

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/266921 is the state's own key, not one this site invented.