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 272763District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.9 M
Aug 2013 – May 2026
Value, last 12 filed months
$263 k
at the published price for each month
Months reported
154
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 Gas112016-09-30219600
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
CondensateDisposition9,798 bbl$632,247
GasProduction2,722,579 Mcf$9,311,333
Total$9,943,580

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 32.5930, -94.4147. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.59305, -94.41469 · 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
9,883 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 9,883 ft.

Completions filed
Aug 2013
1 of 1 wells

1 well

42-203351578H9,883 ftAug 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 (154)

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

154 months

May 2026154,732106.413.05$16,009
Apr 2026195,69898.932.87$18,231
Mar 2026175,94389.753.15$20,243
Feb 2026155,17163.503.75$20,345
Jan 2026205,90559.138.00$48,410
Dec 2025226,32756.664.41$29,170
Nov 2025216,19758.593.93$25,563
Oct 2025174,92059.383.30$17,269
Sep 2025165,47762.743.08$17,856
Aug 2025123,56363.933.01$11,509
Jul 2025155,02366.743.32$17,653
Jun 2025196,12866.483.13$20,436
May 2025247,15860.553.23$24,590
Apr 2025257,18162.363.54$27,002
Mar 2025267,22167.704.27$32,582
Feb 2025216,63570.884.34$30,290
Jan 2025287,21574.324.28$32,952
Dec 2024267,38868.993.12$24,854
Nov 2024238,04669.052.20$19,277
Oct 2024278,02371.372.28$20,231
Sep 2024277,96269.612.36$20,705
Aug 2024207,53275.632.06$17,056
Jul 2024278,29679.932.15$19,966
Jun 2024258,19978.082.63$23,548
May 2024298,77378.812.20$21,572
Apr 2024278,17184.451.66$15,837
Mar 2024308,53380.301.55$15,594
Feb 2024307,81676.091.78$16,224
Jan 2024298,32773.023.30$29,577
Dec 2023287,62571.262.61$21,902
Nov 2023258,31177.892.81$25,281
Oct 2023298,85285.443.09$29,806
Sep 2023257,87689.042.74$23,767
Aug 2023279,13080.522.67$26,577
Jul 2023289,14174.852.64$26,244
Jun 2023228,42368.962.26$20,540
May 2023328,60570.622.23$21,427
Apr 2023339,10978.122.24$22,962
Mar 2023338,18772.852.39$21,997
Feb 2023278,28175.112.47$22,446
Jan 2023359,38576.533.39$34,472
Dec 2022308,26376.415.73$49,632
Nov 2022298,85885.005.65$52,479
Oct 2022308,79387.185.86$54,175
Sep 2022238,99984.888.16$75,417
Aug 2022309,79694.529.13$92,245
Jul 20222910,054101.587.54$78,774
Jun 2022299,670115.097.98$80,477
May 20223210,041109.378.43$88,176
Apr 2022349,822104.226.84$70,702
Mar 20223710,274108.885.08$56,183
Feb 2022369,26591.054.86$48,295
Jan 20224110,13881.844.54$49,358
Dec 2021369,87971.323.90$41,087
Nov 2021349,52977.435.24$52,535
Oct 2021329,85079.795.71$58,835
Sep 20213310,33969.865.35$57,629
Aug 20213411,12966.024.22$49,216
Jul 20213510,80470.783.98$45,500
Jun 20213610,89969.493.38$39,347
May 20213710,92663.483.02$35,320
Apr 20214310,92060.362.76$32,717
Mar 20213911,34961.302.72$33,225
Feb 2021359,21857.805.55$53,164
Jan 20214611,86450.412.81$35,660
Dec 20204512,22744.642.68$34,722
Nov 20204411,66738.772.71$33,283
Oct 20204111,58836.972.48$30,236
Sep 20203211,11337.091.99$23,313
Aug 20203210,98639.982.39$27,482
Jul 20203411,36538.371.83$22,047
Jun 20203411,69234.901.69$20,950
May 20204112,32716.921.81$23,064
Apr 20204812,56114.751.80$23,373
Mar 20204211,95730.341.86$23,469
Feb 20204110,73849.881.98$23,314
Jan 20204212,19157.252.09$27,941
Dec 20194113,04359.012.30$32,475
Nov 20193411,02355.302.75$32,201
Oct 2019309,96853.472.42$25,712
Sep 20193010,69455.052.66$30,068
Aug 20193411,42753.112.30$28,138
Jul 20193011,40356.272.46$29,740
Jun 20193110,71252.782.49$28,322
May 20193611,92158.482.74$34,773
Apr 20193312,02062.632.75$35,130
Mar 20194714,60456.803.06$47,389
Feb 20193811,27350.852.79$33,409
Jan 20194612,30246.033.23$41,830
Dec 20184813,29546.594.19$57,882
Nov 20184513,59152.934.24$59,970
Oct 20183914,48161.443.40$51,604
Sep 20184013,80559.543.11$45,288
Aug 20184015,66959.403.07$50,426
Jul 20184015,71965.142.93$48,692
Jun 20184816,04960.183.08$52,270
May 20184517,23265.382.90$52,929
Apr 20186218,49563.842.90$57,608
Mar 20186317,01361.222.79$51,269
Feb 20185717,33661.782.77$51,475
Jan 20186119,14862.874.01$80,606
Dec 20176318,85657.272.92$58,696
Nov 20177119,58255.423.12$64,999
Oct 20177120,59449.292.98$64,946
Sep 20174622,05047.523.09$70,260
Aug 20174323,42745.373.00$72,335
Jul 20174620,49543.873.09$65,292
Jun 20174823,26542.493.09$73,865
May 20175123,83345.373.26$80,090
Apr 20176624,19247.933.21$80,858
Mar 20177125,53346.772.98$79,503
Feb 20177024,03950.452.95$74,509
Jan 20177527,45249.413.42$97,559
Dec 20167827,70948.763.72$106,959
Nov 20167826,15342.492.64$72,472
Oct 20167225,21046.193.09$81,231
Sep 201610424,40141.553.10$79,980
Aug 201610725,40541.442.92$78,727
Jul 201610926,16041.622.92$81,037
Jun 201610427,18845.352.69$77,739
May 201611027,81542.521.99$60,058
Apr 201611827,66836.561.99$59,402
Mar 201613329,84033.011.79$57,924
Feb 201613927,28826.472.06$59,992
Jan 201615430,92927.352.36$77,339
Dec 201514633,31732.362.00$71,406
Nov 201511631,71638.792.17$73,239
Oct 201513437,14743.552.43$95,976
Sep 20159737,49742.992.76$107,603
Aug 20159736,52340.162.87$108,807
Jul 201511236,68348.152.95$113,427
Jun 201510936,85856.152.88$112,377
May 201511538,54255.212.96$120,258
Apr 201512537,95949.822.71$108,966
Mar 201514641,27342.892.93$127,386
Feb 201513537,01744.662.98$116,199
Jan 201517043,90143.433.10$143,504
Dec 201416345,17054.693.59$171,136
Nov 201411734,16070.464.25$153,487
Oct 201416037,46478.303.90$158,674
Sep 201416337,75786.164.05$166,788
Aug 201417242,41889.394.04$186,537
Jul 201416745,94196.564.18$208,141
Jun 201418146,45798.164.74$237,828
May 201420151,46094.734.73$262,270
Apr 201419657,74495.944.81$296,502
Mar 201421759,03495.895.06$319,331
Feb 201421052,34697.406.19$344,580
Jan 201424744,16990.404.86$237,022
Dec 20132551991.824.35$23,497
Nov 201324729,63788.853.74$132,737
Oct 201326349,17697.423.78$211,475
Sep 2013022,582104.113.72$83,954
Aug 201305,729104.253.52$20,181

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            15 bbl  × $106.41 =     $1,596
Gas                4,732 Mcf  × $  3.05 =    $14,413

────────────────────────────────────────────────────
Month total                                  $16,009

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/272763 is the state's own key, not one this site invented.