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 272749District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.4 M
Sep 2013 – May 2026
Value, last 12 filed months
$395 k
at the published price for each month
Months reported
153
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 Gas112016-09-30219599
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
CondensateDisposition26,161 bbl$1,747,883
GasProduction3,666,727 Mcf$12,621,935
Total$14,369,818

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 32.6734, -94.2898. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.67344, -94.28980 · 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
9,689 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 9,689 ft.

Completions filed
Sep 2013
1 of 1 wells

1 well

42-203351608H9,689 ftSep 2013

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 (153)

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

153 months

May 2026497,794106.413.05$28,953
Apr 2026527,53998.932.87$26,779
Mar 2026448,00489.753.15$29,157
Feb 2026427,31663.503.75$30,104
Jan 2026517,95159.138.00$66,607
Dec 2025537,86956.664.41$37,732
Nov 2025446,35958.593.93$27,546
Oct 2025517,87759.383.30$29,061
Sep 2025487,87662.743.08$27,245
Aug 2025528,53563.933.01$29,055
Jul 2025508,77566.743.32$32,428
Jun 2025518,68466.483.13$30,560
May 2025568,87160.553.23$32,065
Apr 2025568,20562.363.54$32,563
Mar 2025638,90767.704.27$42,283
Feb 2025518,25870.884.34$39,462
Jan 2025669,00774.324.28$43,443
Dec 2024628,93368.993.12$32,161
Nov 2024478,67569.052.20$22,317
Oct 2024578,77471.372.28$24,085
Sep 2024548,15269.612.36$23,033
Aug 2024438,41375.632.06$20,613
Jul 2024558,84279.932.15$23,376
Jun 2024498,26678.082.63$25,598
May 2024558,44678.812.20$22,903
Apr 2024548,10784.451.66$18,011
Mar 2024618,96180.301.55$18,744
Feb 2024618,27976.091.78$19,408
Jan 2024588,45473.023.30$32,114
Dec 2023578,16471.262.61$25,376
Nov 2023528,67877.892.81$28,414
Oct 2023599,06585.443.09$33,027
Sep 2023548,76989.042.74$28,792
Aug 2023559,61880.522.67$30,136
Jul 2023579,41074.852.64$29,126
Jun 2023468,74568.962.26$22,923
May 2023659,07170.622.23$24,795
Apr 2023689,58078.122.24$26,750
Mar 2023749,70772.852.39$28,621
Feb 2023568,88775.112.47$26,119
Jan 2023709,40476.533.39$37,215
Dec 2022638,96176.415.73$56,152
Nov 2022578,61985.005.65$53,510
Oct 20226810,33687.185.86$66,536
Sep 2022489,83984.888.16$84,397
Aug 2022589,37594.529.13$91,049
Jul 20226010,828101.587.54$87,760
Jun 20226210,793115.097.98$93,234
May 20226710,742109.378.43$97,916
Apr 20226910,442104.226.84$78,589
Mar 20227310,683108.885.08$62,179
Feb 2022627,90991.054.86$44,074
Jan 20228010,06581.844.54$52,219
Dec 20218211,53971.323.90$50,840
Nov 20217510,86177.435.24$62,685
Oct 20217812,44779.795.71$77,344
Sep 20217411,98869.865.35$69,316
Aug 20217913,14366.024.22$60,687
Jul 20218012,92070.783.98$57,111
Jun 20217812,26669.493.38$46,887
May 20218212,44763.483.02$42,766
Apr 20219211,76160.362.76$37,995
Mar 20219013,36361.302.72$41,823
Feb 20218211,00057.805.55$65,767
Jan 202110814,32550.412.81$45,701
Dec 20209312,91544.642.68$38,705
Nov 20209913,37338.772.71$40,033
Oct 20209914,12436.972.48$38,665
Sep 20208214,82737.091.99$32,563
Aug 20208314,76439.982.39$38,532
Jul 20209215,77338.371.83$32,318
Jun 20208815,35534.901.69$29,026
May 202010216,13016.921.81$30,998
Apr 202011114,67714.751.80$28,120
Mar 202011115,62730.341.86$32,375
Feb 202013818,15249.881.98$42,837
Jan 202013921,33057.252.09$52,639
Dec 20199616,17059.012.30$42,926
Nov 201912818,03655.302.75$56,690
Oct 201911319,96953.472.42$54,338
Sep 201910919,39955.052.66$57,549
Aug 201910820,13053.112.30$52,123
Jul 201911820,70356.272.46$57,570
Jun 201912321,53152.782.49$60,130
May 201915222,10758.482.74$69,469
Apr 201915121,10862.632.75$67,519
Mar 201913621,20456.803.06$72,654
Feb 201912518,33250.852.79$57,543
Jan 201913920,05646.033.23$71,143
Dec 201813420,91046.594.19$93,761
Nov 201811620,29952.934.24$92,152
Oct 201811920,81261.443.40$78,032
Sep 201811521,26959.543.11$72,951
Aug 201811722,56859.403.07$76,156
Jul 201813720,45865.142.93$68,905
Jun 201814223,75360.183.08$81,632
May 201814127,07065.382.90$87,743
Apr 20188816,61463.842.90$53,812
Mar 201815424,20361.222.79$76,878
Feb 201813821,88961.782.77$69,073
Jan 20188122,81262.874.01$96,553
Dec 20178525,11757.272.92$78,248
Nov 20178524,90655.423.12$82,377
Oct 20175826,58449.292.98$82,177
Sep 201713025,70447.523.09$85,533
Aug 201712224,70345.373.00$79,753
Jul 201713230,19843.873.09$99,021
Jun 201712730,44742.493.09$99,395
May 201714426,51645.373.26$93,066
Apr 201714328,62147.933.21$98,773
Mar 201715428,39346.772.98$91,918
Feb 201714328,26650.452.95$90,673
Jan 201715130,41349.413.42$111,437
Dec 201615631,68348.763.72$125,557
Nov 201615332,20142.492.64$91,652
Oct 201634335,50046.193.09$125,547
Sep 201630335,06241.553.10$121,304
Aug 201629735,55741.442.92$116,288
Jul 201629536,33641.622.92$118,537
Jun 201627638,51245.352.69$115,953
May 201626240,17042.521.99$91,120
Apr 201627336,88836.561.99$83,426
Mar 201631240,91033.011.79$83,692
Feb 201625240,82026.472.06$90,908
Jan 201631443,12227.352.36$110,544
Dec 201531135,59932.362.00$81,312
Nov 201526338,25138.792.17$93,104
Oct 201522840,56243.552.43$108,356
Sep 201523840,42142.992.76$121,730
Aug 201523942,75640.162.87$132,414
Jul 201527544,75548.152.95$145,048
Jun 201526844,53456.152.88$143,433
May 201528346,27555.212.96$152,388
Apr 201530648,48149.822.71$146,462
Mar 201535850,95342.892.93$164,887
Feb 201533250,09144.662.98$163,907
Jan 201541858,02543.433.10$198,068
Dec 201441359,46954.693.59$236,162
Nov 201458556,29970.464.25$280,593
Oct 201450538,30078.303.90$188,948
Sep 201451445,42486.164.05$228,046
Aug 201454447,12489.394.04$238,779
Jul 201452760,31896.564.18$302,992
Jun 201456962,61498.164.74$352,448
May 201463471,73594.734.73$399,119
Apr 201461979,49595.944.81$441,688
Mar 201468673,06595.895.06$435,256
Feb 201466177,86897.406.19$546,540
Jan 201478379,78890.404.86$458,610
Dec 201384785,19491.824.35$448,747
Nov 201381854,89988.853.74$277,907
Oct 2013874134,70797.423.78$594,251
Sep 201312118,768104.113.72$82,372

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            49 bbl  × $106.41 =     $5,214
Gas                7,794 Mcf  × $  3.05 =    $23,739

────────────────────────────────────────────────────
Month total                                  $28,953

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/272749 is the state's own key, not one this site invented.