OWENS, T.B. 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 65741District 06Field 98563083CondensateGasSaveExport
Value, all time
$2.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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.

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
CondensateDisposition10,711 bbl$337,431
GasProduction655,382 Mcf$2,008,964
Total$2,346,396

216,408 Mcf of this lease's gas, across 44 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.6694, -94.2854. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.66945, -94.28540 · 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
10,100 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 10,100 ft.

Completions filed
Mar 1984
1 of 1 wells

1 well

42-20330154310,100 ftMar 1984

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140498.164.74$19
May 2014049494.734.73$2,335
Apr 2014056495.944.81$2,712
Mar 2014056995.895.06$2,877
Feb 2014051197.406.19$3,164
Jan 2014054990.404.86$2,669
Dec 2013063291.824.35$2,752
Nov 2013033788.853.74$1,260
Oct 2013062197.423.78$2,347
Sep 20130606104.113.72$2,253
Aug 20130764104.253.52$2,691
Jul 201302,426102.523.72$9,019
Jun 201301,61494.403.93$6,349
May 201301,97094.834.15$8,174
Apr 201302,08593.964.28$8,929
Mar 201301,94193.623.91$7,595
Feb 201301,22491.233.42$4,186
Jan 201301,81391.603.42$6,200
Dec 201201,67686.773.42$5,732
Nov 201201,07986.953.62$3,911
Oct 201201,11589.383.40$3,791
Sep 201201,14094.672.92$3,327
Aug 201201,16792.662.91$3,394
Jul 201201,45585.133.02$4,395
Jun 201201,24879.822.52$3,144
May 2012052491.612.49$1,304
Apr 201202,252101.652.00$4,497
Mar 201202,396105.052.22$5,324
Feb 201201,053101.102.57$2,706
Jan 2012076398.092.73$2,086
Dec 2011064796.873.24$2,096
Nov 2011070195.723.31$2,321
Oct 2011087784.983.65$3,200
Sep 2011046483.623.99$1,849
Aug 2011053983.404.15$2,236
Jul 2011041194.144.52$1,857
Jun 2011086992.904.64$4,032
May 2011089898.134.40$3,956
Apr 20110853105.964.33$3,696
Mar 2011050696.364.06$2,053
Feb 2011098085.644.18$4,096
Jan 2011094686.504.59$4,341
Dec 2010180985.734.35$3,603
Nov 20101073280.843.80$3,587
Oct 2010860678.103.51$2,751
Sep 2010653072.633.98$2,545
Aug 2010684473.684.42$4,172
Jul 201061,14072.554.74$5,835
Jun 2010760470.364.91$3,458
May 2010863971.124.24$3,275
Apr 20101682481.694.12$4,704
Mar 20101276378.394.39$4,289
Feb 2010191,52073.585.44$9,670
Jan 2010958874.365.96$4,176
Dec 2009201,53471.445.48$9,841
Nov 200919174.593.75$416
Oct 200901,76672.544.11$7,259
Sep 200902,10165.543.06$6,439
Aug 2009040467.423.22$1,300
Jul 200901,42661.133.46$4,940
Jun 200901,05866.163.90$4,121
May 2009035054.743.93$1,374
Apr 2009041846.773.59$1,500
Mar 2009064442.144.06$2,614
Feb 2009094432.814.63$4,374
Jan 200901,19335.865.37$6,408
Dec 20080037.105.98$0
Nov 200801,09555.496.86$7,512
Oct 200802,61375.246.92$18,087
Sep 200801,560101.767.88$12,288
Aug 20080892114.228.48$7,567
Jul 200801,453131.0811.39$16,549
Jun 200801,734131.3313.03$22,599
May 20080947123.1711.57$10,961
Apr 200801,105110.3110.45$11,553
Mar 200801,221101.909.66$11,800
Feb 200801,33392.538.77$11,691
Jan 200801,23190.388.21$10,101
Dec 200701,14188.337.30$8,332
Nov 200731,36491.677.29$10,221
Oct 2007411,93282.856.92$16,770
Sep 2007361,84775.846.24$14,263
Aug 2007301,43669.066.39$11,245
Jul 2007341,75270.906.39$13,602
Jun 2007331,57662.007.55$13,942
May 2007311,50858.747.85$13,653
Apr 2007371,80259.617.81$16,271
Mar 2007281,26256.927.30$10,809
Feb 2007351,31255.108.22$12,708
Jan 2007703,28750.306.73$25,632
Dec 2006772,45356.656.92$21,333
Nov 2006581,87054.207.62$17,388
Oct 2006552,05954.906.01$15,402
Sep 2006541,94360.085.04$13,032
Aug 2006592,13168.717.34$19,695
Jul 2006552,08369.376.34$17,027
Jun 2006702,20166.286.38$18,691
May 2006802,65566.016.42$22,339
Apr 2006892,45464.397.36$23,793
Mar 20061002,51156.707.08$23,455
Feb 2006591,68257.597.75$16,435
Jan 20061193,54160.598.93$38,843
Dec 2005832,28254.9413.42$35,174
Nov 20051181,51254.6910.59$22,463
Oct 20051412,11058.3413.80$37,335
Sep 20051432,20661.4512.08$35,434
Aug 20051572,14761.519.80$30,691
Jul 20051602,29655.697.84$26,919
Jun 20051472,11152.337.38$23,274
May 20051762,19545.226.65$22,558
Apr 20051762,22449.207.36$25,029
Mar 20051922,30150.377.15$26,134
Feb 20051812,13445.226.31$21,654
Jan 20052132,40743.166.32$24,411
Dec 20042002,59439.866.75$25,484
Nov 2004372,59045.286.33$18,071
Oct 2004292,10049.706.52$15,123
Sep 2004282,11943.245.28$12,407
Aug 2004231,75142.375.55$10,694
Jul 2004382,81638.286.08$18,588
Jun 2004412,78336.106.43$19,383
May 2004432,70737.486.49$19,192
Apr 2004422,95234.475.86$18,742
Mar 2004422,81134.365.53$16,988
Feb 2004372,57832.455.51$15,404
Jan 2004362,84232.036.30$19,057
Dec 2003322,45330.266.30$16,426
Nov 2003292,97128.804.60$14,487
Oct 2003242,57028.174.76$12,908
Sep 2003252,45126.314.75$12,298
Aug 2003333,10529.765.13$16,910
Jul 2003222,03729.415.17$11,180
Jun 2003232,56828.565.98$16,021
May 2003302,84926.595.97$17,814
Apr 2003312,86726.675.41$16,329
Mar 2003302,89831.146.10$18,601
Feb 2003352,91033.487.93$24,236
Jan 2003323,17630.315.58$18,698
Dec 2002292,64726.914.85$13,628
Nov 2002342,76524.664.14$12,277
Oct 2002292,88226.464.23$12,956
Sep 2002282,62027.443.64$10,293
Aug 2002212,54425.963.16$8,595
Jul 2002202,44524.583.06$7,978
Jun 2002252,54823.733.34$9,099
May 2002312,55924.663.58$9,936
Apr 2002292,51123.653.51$9,505
Mar 2002292,56222.003.10$8,587
Feb 2002272,34818.222.38$6,070
Jan 2002292,65117.172.38$6,796
Dec 2001272,67016.932.36$6,770
Nov 2001222,51518.072.41$6,447
Oct 2001602,18719.782.53$6,717
Sep 2001822,65324.262.25$7,962
Aug 2001763,00824.873.05$11,074
Jul 2001592,38123.933.20$9,024
Jun 2001602,79224.563.82$12,151
May 2001752,92825.524.31$14,526
Apr 2001953,47324.685.34$20,874
Mar 2001842,84524.545.38$17,357
Feb 2001632,35627.755.77$15,335
Jan 2001552,01427.478.40$18,426
Dec 2000692,51226.889.12$24,770
Nov 2000582,79032.215.66$17,654
Oct 2000312,98931.235.15$16,348
Sep 2000292,84031.875.19$15,654
Aug 2000302,53629.644.54$12,405
Jul 2000272,68528.534.09$11,751
Jun 2000332,79929.304.40$13,275
May 2000363,01027.263.68$12,057
Apr 2000432,94624.513.12$10,234
Mar 2000322,73428.422.86$8,728
Feb 2000342,67027.622.73$8,219
Jan 2000412,89325.272.48$8,212
Dec 1999413,06124.282.42$8,414
Nov 1999393,10723.192.43$8,467
Oct 1999363,91620.982.80$11,735
Sep 1999353,66521.752.62$10,359
Aug 1999313,73219.262.88$11,329
Jul 1999313,28117.892.37$8,338
Jun 1999353,62915.942.36$9,130
May 1999333,60515.792.32$8,888
Apr 1999292,81315.102.21$6,649
Mar 1999403,40812.471.84$6,764
Feb 1999403,3269.981.82$6,445
Jan 1999493,69210.381.90$7,523
Dec 1998483,7699.201.77$7,125
Nov 1998473,75410.892.19$8,717
Oct 1998743,68912.421.97$8,184
Sep 1998723,86412.592.08$8,954
Aug 1998532,36911.301.91$5,117
Jul 1998883,84311.742.24$9,631
Jun 1998823,83111.242.24$9,493
May 1998884,08612.622.21$10,126
Apr 1998903,65813.042.51$10,338
Mar 19981083,71012.802.31$9,950
Feb 1998692,65413.952.30$7,064
Jan 1998663,29914.702.15$8,079
Dec 1997443,74916.322.41$9,757
Nov 1997413,77918.193.09$12,416
Oct 1997313,17319.253.15$10,591
Sep 1997363,23717.742.95$10,204
Aug 1997413,84017.862.55$10,542
Jul 1997443,34517.582.25$8,290
Jun 1997393,38417.242.26$8,311
May 1997413,64018.972.31$9,181
Apr 1997393,01717.882.08$6,981
Mar 1997403,48818.951.94$7,522
Feb 1997463,07920.492.21$7,735
Jan 1997463,95423.483.54$15,076
Dec 1996453,25223.32$1,049
Nov 1996503,70721.97$1,099
Oct 1996393,62223.31$909
Sep 1996403,69322.22$889
Aug 1996423,74520.26$851
Jul 1996373,92019.55$723
Jun 199694,19718.73$169
May 1996104,22419.43$194
Apr 1996104,49621.51$215
Mar 1996114,60619.38$213
Feb 1996114,48416.98$187
Jan 1996324,78317.07$546
Dec 19951894,22517.19$3,249
Nov 19951994,33916.00$3,184
Oct 19951644,38915.43$2,531
Sep 19951874,27216.18$3,026
Aug 19951774,39815.92$2,818
Jul 19951784,35115.24$2,713
Jun 1995873,73516.41$1,428
May 1995984,24517.56$1,721
Apr 19951024,45917.73$1,808
Mar 19951144,78816.44$1,874
Feb 19951014,22016.58$1,675
Jan 19951144,74515.92$1,815
Dec 19941315,01715.03$1,969
Nov 19941104,64515.90$1,749
Oct 19941145,77015.58$1,776
Sep 19941055,73815.29$1,605
Aug 1994986,49816.13$1,581
Jul 1994985,87617.56$1,721
Jun 19941106,63217.09$1,880
May 19941708,67515.88$2,700
Apr 19941548,82014.14$2,178
Mar 19940012.46$0
Feb 1994023212.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 199305,97515.85$0
Sep 199305,88315.03$0
Aug 199306,45015.66$0
Jul 199304,78815.46$0
Jun 199305,45216.79$0
May 199306,33217.68$0
Apr 199306,63318.05$0
Mar 199306,51418.14$0
Feb 199303,76617.90$0
Jan 199305,81716.93$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.

Jun 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.16 =         $0
Gas                    4 Mcf  × $  4.74 =        $19

────────────────────────────────────────────────────
Month total                                      $19

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/65741 is the state's own key, not one this site invented.