ROAD'S END GAS UNIT

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 275474District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.9 M
Jul 2014 – May 2026
Value, last 12 filed months
$340 k
at the published price for each month
Months reported
143
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 Gas112016-03-08218289
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
CondensateDisposition28,648 bbl$1,461,891
GasProduction2,077,700 Mcf$6,451,585
Total$7,913,477

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 32.6587, -94.4366. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.65870, -94.43660 · 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
10,127 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 10,127 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-203351951H10,127 ftNov 2014

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 (143)

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

143 months

May 2026396,484106.413.05$23,899
Apr 20261216,38398.932.87$30,288
Mar 2026446,47989.753.15$24,354
Feb 2026696,00963.503.75$26,917
Jan 2026865,96159.138.00$52,761
Dec 202506,44556.664.41$28,444
Nov 2025466,46658.593.93$28,084
Oct 2025856,97359.383.30$28,092
Sep 2025426,17862.743.08$21,644
Aug 2025636,75363.933.01$24,386
Jul 2025435,80266.743.32$22,105
Jun 20251286,69366.483.13$29,450
May 2025396,28160.553.23$22,664
Apr 2025416,36662.363.54$25,112
Mar 20251276,83967.704.27$37,789
Feb 2025426,23670.884.34$30,046
Jan 2025787,02474.324.28$35,850
Dec 2024386,64168.993.12$23,351
Nov 2024796,28569.052.20$19,272
Oct 2024767,03471.372.28$21,471
Sep 2024406,82669.612.36$18,924
Aug 20241207,09575.632.06$23,717
Jul 2024367,42679.932.15$18,818
Jun 20241217,06878.082.63$28,065
May 2024807,26778.812.20$22,281
Apr 2024816,93084.451.66$18,339
Mar 2024867,30180.301.55$18,187
Feb 2024456,94676.091.78$15,813
Jan 2024927,32373.023.30$30,867
Dec 2023807,64471.262.61$25,657
Nov 2023797,49177.892.81$27,185
Oct 2023377,59085.443.09$26,594
Sep 20231427,37689.042.74$32,817
Aug 2023747,61080.522.67$26,299
Jul 202307,69174.852.64$20,318
Jun 20231156,93368.962.26$23,588
May 20231088,08170.622.23$25,627
Apr 2023787,53478.122.24$22,953
Mar 2023808,04172.852.39$25,071
Feb 2023787,33775.112.47$23,949
Jan 2023788,12876.533.39$33,505
Dec 2022797,93676.415.73$51,502
Nov 2022808,18585.005.65$53,014
Oct 2022788,59287.185.86$57,181
Sep 2022808,39684.888.16$75,333
Aug 20221148,52794.529.13$88,603
Jul 2022378,431101.587.54$67,346
Jun 20221138,282115.097.98$79,072
May 20221198,671109.378.43$86,138
Apr 2022778,505104.226.84$66,179
Mar 2022798,811108.885.08$53,330
Feb 20221167,69191.054.86$47,931
Jan 2022778,87881.844.54$46,587
Dec 20211219,35271.323.90$45,094
Nov 20211219,15977.435.24$57,333
Oct 20211189,42479.795.71$63,263
Sep 2021759,26769.865.35$54,826
Aug 2021819,70766.024.22$46,317
Jul 2021839,88070.783.98$45,218
Jun 2021809,62469.493.38$38,094
May 20211219,93163.483.02$37,650
Apr 20211169,64460.362.76$33,604
Mar 202111410,53961.302.72$35,622
Feb 2021798,27557.805.55$50,475
Jan 202115310,50650.412.81$37,237
Dec 20201149,73544.642.68$31,135
Nov 20201479,68038.772.71$31,899
Oct 2020759,78036.972.48$27,012
Sep 202012010,34237.091.99$25,042
Aug 202011110,90839.982.39$30,454
Jul 20207710,30338.371.83$21,759
Jun 202012110,99734.901.69$22,811
May 202012111,28016.921.81$22,518
Apr 202011110,73214.751.80$21,002
Mar 20201008,84530.341.86$19,452
Feb 2020999,36749.881.98$23,491
Jan 20201119,89357.252.09$27,078
Dec 201914211,46259.012.30$34,792
Nov 20191029,01755.302.75$30,444
Oct 201911812,66153.472.42$36,931
Sep 20191029,01255.052.66$29,563
Aug 201913212,48653.112.30$35,783
Jul 20199614,86156.272.46$41,961
Jun 20191059,25652.782.49$28,600
May 20195910,18958.482.74$31,371
Apr 20191369,30662.632.75$34,116
Mar 201910711,68356.803.06$41,852
Feb 201911510,07250.852.79$33,971
Jan 201915714,10646.033.23$52,763
Dec 201815514,32546.594.19$67,178
Nov 201816013,67752.934.24$66,422
Oct 201813314,66861.443.40$58,015
Sep 20181515,03459.543.11$47,619
Aug 201811113,55659.403.07$48,164
Jul 20188811,14565.142.93$38,408
Jun 201813015,94660.183.08$56,888
May 201813612,37365.382.90$44,783
Apr 201813314,45663.842.90$50,425
Mar 201813514,73161.222.79$49,318
Feb 201814213,96861.782.77$47,410
Jan 201818216,34462.874.01$76,971
Dec 201714516,98057.272.92$57,912
Nov 201719317,82455.423.12$66,278
Oct 201720418,91649.292.98$66,494
Sep 201720718,98947.523.09$68,461
Aug 201725620,46545.373.00$73,100
Jul 201717220,14043.873.09$69,723
Jun 201721518,99942.493.09$67,791
May 201721321,27945.373.26$79,106
Apr 201725521,33547.933.21$80,742
Mar 201726221,22446.772.98$75,579
Feb 201717119,86450.452.95$67,277
Jan 201724922,66949.413.42$89,804
Dec 201629122,61648.763.72$98,385
Nov 201626623,76542.492.64$74,145
Oct 201624423,80746.193.09$84,840
Sep 201635217,54341.553.10$69,020
Aug 201635920,21941.442.92$74,004
Jul 201645221,79741.622.92$82,554
Jun 201629522,18145.352.69$72,953
May 201645025,81242.521.99$70,527
Apr 201634324,06036.561.99$60,445
Mar 201657726,72633.011.79$66,993
Feb 201653726,46726.472.06$68,832
Jan 201654928,98227.352.36$83,539
Dec 201548329,40932.362.00$74,489
Nov 201563733,01938.792.17$96,272
Oct 201585336,10143.552.43$124,750
Sep 201582936,62342.992.76$136,660
Aug 201593840,56540.162.87$154,193
Jul 20151,03142,66348.152.95$175,289
Jun 201591642,72456.152.88$174,601
May 20151,13143,80555.212.96$191,906
Apr 20151,20658,29149.822.71$217,852
Mar 20151,41059,43142.892.93$234,888
Feb 20151,27467,11444.662.98$256,641
Jan 20151,23850,27043.433.10$209,635
Dec 2014066,26154.693.59$237,967
Nov 2014021,38670.464.25$90,930
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$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            39 bbl  × $106.41 =     $4,150
Gas                6,484 Mcf  × $  3.05 =    $19,749

────────────────────────────────────────────────────
Month total                                  $23,899

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/275474 is the state's own key, not one this site invented.