SANDERS GAS UNIT

Name: SANDERS GAS UNIT lease production and value, Aug 2013 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 275616District 06Field 985630832 tax incentive programmesCondensateGasSave Export

Value, all time

$18.1 M

Aug 2013 – May 2026

Value, last 12 filed months

$432 k

at the published price for each month

Months reported

154

no gaps in the span

Streams

condensate, gas

The WOODLAWN (COTTON VALLEY) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2015-02-23	215622
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	73,177 bbl	$5,131,327
Gas	Production	3,684,686 Mcf	$13,009,875
Total			$18,141,202

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 32.6989, -94.3000. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.69890, -94.30000 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,770 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 9,770 ft.

Completions filed

Sep 2013

1 of 1 wells

1 well


42-20335162	6H	9,770 ft	Sep 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 2026	124	7,080	106.41	3.05	$34,759
Apr 2026	129	6,797	98.93	2.87	$32,267
Mar 2026	111	7,107	89.75	3.15	$32,345
Feb 2026	106	6,463	63.50	3.75	$30,969
Jan 2026	129	7,015	59.13	8.00	$63,733
Dec 2025	142	7,438	56.66	4.41	$40,872
Nov 2025	143	7,411	58.59	3.93	$37,477
Oct 2025	137	7,589	59.38	3.30	$33,215
Sep 2025	126	7,366	62.74	3.08	$30,570
Aug 2025	131	7,707	63.93	3.01	$31,610
Jul 2025	120	7,571	66.74	3.32	$33,108
Jun 2025	120	7,438	66.48	3.13	$31,249
May 2025	127	7,089	60.55	3.23	$30,604
Apr 2025	134	7,070	62.36	3.54	$33,406
Mar 2025	154	7,815	67.70	4.27	$43,783
Feb 2025	125	7,154	70.88	4.34	$39,914
Jan 2025	158	7,729	74.32	4.28	$44,812
Dec 2024	154	7,791	68.99	3.12	$34,943
Nov 2024	126	8,527	69.05	2.20	$27,446
Oct 2024	144	7,847	71.37	2.28	$28,179
Sep 2024	146	7,745	69.61	2.36	$28,475
Aug 2024	114	8,029	75.63	2.06	$25,191
Jul 2024	142	8,108	79.93	2.15	$28,755
Jun 2024	128	7,754	78.08	2.63	$30,418
May 2024	147	8,453	78.81	2.20	$30,168
Apr 2024	140	7,654	84.45	1.66	$24,523
Mar 2024	158	8,197	80.30	1.55	$25,353
Feb 2024	164	7,940	76.09	1.78	$26,641
Jan 2024	158	8,436	73.02	3.30	$39,356
Dec 2023	139	6,960	71.26	2.61	$28,076
Nov 2023	132	7,897	77.89	2.81	$32,453
Oct 2023	148	8,107	85.44	3.09	$37,674
Sep 2023	142	8,374	89.04	2.74	$35,547
Aug 2023	124	7,663	80.52	2.67	$30,467
Jul 2023	140	7,945	74.85	2.64	$31,468
Jun 2023	128	8,740	68.96	2.26	$28,566
May 2023	174	8,810	70.62	2.23	$31,911
Apr 2023	177	8,814	78.12	2.24	$33,551
Mar 2023	195	9,075	72.85	2.39	$35,924
Feb 2023	149	8,328	75.11	2.47	$31,726
Jan 2023	194	9,263	76.53	3.39	$46,227
Dec 2022	183	9,272	76.41	5.73	$67,103
Nov 2022	161	8,931	85.00	5.65	$64,111
Oct 2022	179	9,745	87.18	5.86	$72,748
Sep 2022	125	8,999	84.88	8.16	$84,075
Aug 2022	160	9,467	94.52	9.13	$101,530
Jul 2022	154	9,749	101.58	7.54	$89,171
Jun 2022	156	9,543	115.09	7.98	$94,080
May 2022	174	9,835	109.37	8.43	$101,969
Apr 2022	183	9,689	104.22	6.84	$85,322
Mar 2022	196	10,093	108.88	5.08	$72,577
Feb 2022	200	9,040	91.05	4.86	$62,134
Jan 2022	259	12,034	81.84	4.54	$75,803
Dec 2021	211	10,791	71.32	3.90	$57,124
Nov 2021	176	9,164	77.43	5.24	$61,618
Oct 2021	167	9,407	79.79	5.71	$67,075
Sep 2021	161	9,316	69.86	5.35	$61,097
Aug 2021	166	9,831	66.02	4.22	$52,452
Jul 2021	178	10,036	70.78	3.98	$52,563
Jun 2021	184	10,114	69.49	3.38	$46,978
May 2021	199	10,683	63.48	3.02	$44,870
Apr 2021	247	11,320	60.36	2.76	$46,134
Mar 2021	239	12,678	61.30	2.72	$49,096
Feb 2021	210	10,106	57.80	5.55	$68,206
Jan 2021	256	11,986	50.41	2.81	$46,589
Dec 2020	259	12,839	44.64	2.68	$45,912
Nov 2020	269	13,005	38.77	2.71	$45,628
Oct 2020	269	13,607	36.97	2.48	$43,669
Sep 2020	220	14,147	37.09	1.99	$36,327
Aug 2020	220	14,153	39.98	2.39	$42,552
Jul 2020	234	14,312	38.37	1.83	$35,100
Jun 2020	224	14,074	34.90	1.69	$31,607
May 2020	245	13,738	16.92	1.81	$29,076
Apr 2020	277	13,065	14.75	1.80	$27,660
Mar 2020	266	13,374	30.34	1.86	$32,896
Feb 2020	317	14,906	49.88	1.98	$45,336
Jan 2020	327	17,342	57.25	2.09	$55,048
Dec 2019	277	16,579	59.01	2.30	$54,550
Nov 2019	314	15,816	55.30	2.75	$60,869
Oct 2019	280	17,653	53.47	2.42	$57,666
Sep 2019	257	16,260	55.05	2.66	$57,355
Aug 2019	257	17,054	53.11	2.30	$52,948
Jul 2019	267	16,725	56.27	2.46	$56,169
Jun 2019	260	16,374	52.78	2.49	$54,514
May 2019	318	16,609	58.48	2.74	$64,111
Apr 2019	322	15,714	62.63	2.75	$63,391
Mar 2019	321	17,798	56.80	3.06	$72,732
Feb 2019	296	15,407	50.85	2.79	$58,071
Jan 2019	328	16,872	46.03	3.23	$69,564
Dec 2018	315	17,365	46.59	4.19	$87,356
Nov 2018	275	17,056	52.93	4.24	$86,826
Oct 2018	279	17,955	61.44	3.40	$78,154
Sep 2018	242	15,598	59.54	3.11	$62,887
Aug 2018	269	18,066	59.40	3.07	$71,379
Jul 2018	328	17,453	65.14	2.93	$72,536
Jun 2018	324	19,393	60.18	3.08	$79,169
May 2018	327	20,983	65.38	2.90	$82,247
Apr 2018	241	16,167	63.84	2.90	$62,283
Mar 2018	412	22,988	61.22	2.79	$89,287
Feb 2018	378	21,029	61.78	2.77	$81,522
Jan 2018	231	23,269	62.87	4.01	$107,816
Dec 2017	218	22,751	57.27	2.92	$78,952
Nov 2017	218	22,566	55.42	3.12	$82,450
Oct 2017	153	24,384	49.29	2.98	$80,295
Sep 2017	360	23,516	47.52	3.09	$89,708
Aug 2017	337	23,403	45.37	3.00	$85,602
Jul 2017	367	29,390	43.87	3.09	$106,835
Jun 2017	352	26,165	42.49	3.09	$95,735
May 2017	400	24,781	45.37	3.26	$99,018
Apr 2017	398	23,228	47.93	3.21	$93,675
Mar 2017	427	24,134	46.77	2.98	$91,979
Feb 2017	398	25,306	50.45	2.95	$94,798
Jan 2017	419	27,949	49.41	3.42	$116,255
Dec 2016	432	28,282	48.76	3.72	$126,353
Nov 2016	402	28,547	42.49	2.64	$92,569
Oct 2016	309	33,798	46.19	3.09	$118,717
Sep 2016	655	33,375	41.55	3.10	$130,699
Aug 2016	642	35,151	41.44	2.92	$129,398
Jul 2016	638	35,052	41.62	2.92	$129,058
Jun 2016	597	35,939	45.35	2.69	$123,600
May 2016	567	38,746	42.52	1.99	$101,254
Apr 2016	591	36,541	36.56	1.99	$94,362
Mar 2016	674	38,550	33.01	1.79	$91,408
Feb 2016	546	38,193	26.47	2.06	$93,269
Jan 2016	679	39,621	27.35	2.36	$112,249
Dec 2015	673	34,172	32.36	2.00	$90,170
Nov 2015	570	37,917	38.79	2.17	$104,289
Oct 2015	597	40,576	43.55	2.43	$124,460
Sep 2015	625	41,166	42.99	2.76	$140,422
Aug 2015	626	41,478	40.16	2.87	$144,285
Jul 2015	721	43,334	48.15	2.95	$162,338
Jun 2015	702	44,781	56.15	2.88	$168,515
May 2015	743	45,305	55.21	2.96	$174,918
Apr 2015	801	48,362	49.82	2.71	$170,801
Mar 2015	939	51,707	42.89	2.93	$192,019
Feb 2015	870	48,089	44.66	2.98	$181,976
Jan 2015	1,094	55,493	43.43	3.10	$219,576
Dec 2014	1,104	55,722	54.69	3.59	$260,496
Nov 2014	2,030	59,344	70.46	4.25	$395,355
Oct 2014	1,753	55,021	78.30	3.90	$351,895
Sep 2014	1,784	57,802	86.16	4.05	$387,544
Aug 2014	1,887	63,058	89.39	4.04	$423,126
Jul 2014	1,831	72,279	96.56	4.18	$478,899
Jun 2014	1,976	74,248	98.16	4.74	$545,668
May 2014	2,202	82,979	94.73	4.73	$600,801
Apr 2014	2,149	92,261	95.94	4.81	$649,869
Mar 2014	2,381	95,444	95.89	5.06	$710,955
Feb 2014	2,293	94,463	97.40	6.19	$808,253
Jan 2014	2,713	110,600	90.40	4.86	$782,851
Dec 2013	2,850	123,786	91.82	4.35	$800,711
Nov 2013	2,752	68,677	88.85	3.74	$501,249
Oct 2013	2,939	160,471	97.42	3.78	$892,795
Sep 2013	245	9,913	104.11	3.72	$62,361
Aug 2013	0	0	104.25	3.52	$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           124 bbl  × $106.41 =    $13,195
Gas                7,080 Mcf  × $  3.05 =    $21,565

────────────────────────────────────────────────────
Month total                                  $34,759

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/275616 is the state's own key, not one this site invented.