CALDWELL 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 78850District 06Field 98563083NGPA filingCondensateGasSaveExport
Value, all time
$4.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$20 k
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.

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
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
CondensateDisposition10,391 bbl$430,159
GasProduction1,222,207 Mcf$3,732,224
Total$4,162,383

394,173 Mcf of this lease's gas, across 47 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 32.6187, -94.3739. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.61870, -94.37385 · 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
10,110 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 10,110 ft.

Completions filed
Aug 1978
1 of 1 wells

1 well

42-20330074110,110 ftAug 1978

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 20265378106.413.05$1,683
Apr 2026431798.932.87$1,305
Mar 2026334089.753.15$1,340
Feb 2026329563.503.75$1,297
Jan 2026533059.138.00$2,935
Dec 2025534156.664.41$1,788
Nov 2025533558.593.93$1,608
Oct 2025539359.383.30$1,596
Sep 2025433362.743.08$1,276
Aug 2025539463.933.01$1,507
Jul 2025542566.743.32$1,743
Jun 2025538966.483.13$1,549
May 2025541060.553.23$1,628
Apr 2025434662.363.54$1,475
Mar 2025535667.704.27$1,858
Feb 2025430670.884.34$1,612
Jan 2025634574.324.28$1,922
Dec 2024638468.993.12$1,613
Nov 2024541769.052.20$1,262
Oct 2024539671.372.28$1,260
Sep 2024432569.612.36$1,047
Aug 2024336075.632.06$970
Jul 2024434579.932.15$1,060
Jun 2024438978.082.63$1,337
May 2024538078.812.20$1,229
Apr 2024537384.451.66$1,041
Mar 2024535080.301.55$942
Feb 2024535976.091.78$1,021
Jan 2024536373.023.30$1,562
Dec 2023430971.262.61$1,092
Nov 2023326277.892.81$969
Oct 2023322985.443.09$963
Sep 2023330289.042.74$1,093
Aug 2023328880.522.67$1,011
Jul 2023331074.852.64$1,044
Jun 2023324668.962.26$762
May 2023531570.622.23$1,055
Apr 2023531878.122.24$1,102
Mar 2023533272.852.39$1,159
Feb 2023322275.112.47$773
Jan 2023531776.533.39$1,457
Dec 2022530676.415.73$2,135
Nov 2022430785.005.65$2,073
Oct 2022532587.185.86$2,342
Sep 2022331584.888.16$2,826
Aug 2022534394.529.13$3,603
Jul 20224339101.587.54$2,963
Jun 20225351115.097.98$3,375
May 20225378109.378.43$3,735
Apr 20225376104.226.84$3,092
Mar 20226386108.885.08$2,613
Feb 2022636291.054.86$2,305
Jan 2022639881.844.54$2,297
Dec 2021640471.323.90$2,003
Nov 2021642477.435.24$2,685
Oct 2021646279.795.71$3,119
Sep 2021644269.865.35$2,784
Aug 2021647766.024.22$2,409
Jul 2021647170.783.98$2,300
Jun 2021644069.493.38$1,904
May 2021639763.483.02$1,579
Apr 2021637760.362.76$1,402
Mar 2021640961.302.72$1,479
Feb 2021528857.805.55$1,887
Jan 2021641050.412.81$1,455
Dec 2020641844.642.68$1,386
Nov 2020640838.772.71$1,337
Oct 2020643336.972.48$1,295
Sep 2020441937.091.99$983
Aug 2020434939.982.39$992
Jul 2020642938.371.83$1,013
Jun 2020540334.901.69$856
May 2020643416.921.81$889
Apr 2020641114.751.80$830
Mar 2020642330.341.86$967
Feb 2020536549.881.98$972
Jan 2020726157.252.09$947
Dec 2019302,38559.012.30$7,266
Nov 2019429255.302.75$1,024
Oct 2019430753.472.42$956
Sep 2019432455.052.66$1,081
Aug 2019635853.112.30$1,144
Jul 2019141,27556.272.46$3,924
Jun 2019545152.782.49$1,387
May 2019432058.482.74$1,111
Apr 2019326862.632.75$925
Mar 20191080256.803.06$3,024
Feb 2019635250.852.79$1,288
Jan 2019211,33146.033.23$5,263
Dec 2018641646.594.19$2,021
Nov 2018749452.934.24$2,464
Oct 2018648461.443.40$2,013
Sep 2018534559.543.11$1,370
Aug 2018548759.403.07$1,790
Jul 2018648965.142.93$1,825
Jun 2018649560.183.08$1,884
May 2018652165.382.90$1,904
Apr 2018752563.842.90$1,970
Mar 2018750161.222.79$1,825
Feb 2018647861.782.77$1,693
Jan 2018651262.874.01$2,430
Dec 2017752257.272.92$1,926
Nov 2017849055.423.12$1,971
Oct 2017746949.292.98$1,744
Sep 2017647347.523.09$1,745
Aug 2017650945.373.00$1,801
Jul 2017649943.873.09$1,804
Jun 2017652442.493.09$1,873
May 2017752945.373.26$2,044
Apr 2017949347.933.21$2,015
Mar 2017956746.772.98$2,113
Feb 2017954650.452.95$2,066
Jan 20171062349.413.42$2,624
Dec 20161066148.763.72$2,948
Nov 20161055442.492.64$1,890
Oct 2016068646.193.09$2,120
Sep 2016062141.553.10$1,925
Aug 2016061541.442.92$1,798
Jul 2016053841.622.92$1,573
Jun 2016057345.352.69$1,539
May 2016063642.521.99$1,266
Apr 2016070736.561.99$1,408
Mar 2016069233.011.79$1,241
Feb 2016073926.472.06$1,525
Jan 2016074727.352.36$1,766
Dec 2015084432.362.00$1,689
Nov 2015273738.792.17$1,675
Oct 20152279543.552.43$2,887
Sep 20151683742.992.76$2,997
Aug 20151698840.162.87$3,481
Jul 20151886148.152.95$3,402
Jun 20151890456.152.88$3,617
May 20151995255.212.96$3,863
Apr 2015211,11349.822.71$4,059
Mar 2015241,06042.892.93$4,140
Feb 2015231,85344.662.98$6,542
Jan 2015282,23643.433.10$8,149
Dec 2014272,54854.693.59$10,627
Nov 2014182,61770.464.25$12,395
Oct 201402,70878.303.90$10,564
Sep 201402,21986.164.05$8,977
Aug 201402,55189.394.04$10,294
Jul 201402,49796.564.18$10,436
Jun 201402,36298.164.74$11,189
May 201402,34794.734.73$11,093
Apr 201402,72795.944.81$13,114
Mar 201402,74895.895.06$13,896
Feb 2014028297.406.19$1,746
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013051288.853.74$1,914
Oct 2013978197.423.78$3,828
Sep 20137784104.113.72$3,643
Aug 2013101,043104.253.52$4,717
Jul 201310665102.523.72$3,498
Jun 2013845494.403.93$2,541
May 20131051894.834.15$3,098
Apr 2013101,73393.964.28$8,361
Mar 2013122,14593.623.91$9,517
Feb 2013131,90391.233.42$7,694
Jan 2013131,90091.603.42$7,689
Dec 2012122,16886.773.42$8,456
Nov 2012202,11986.953.62$9,420
Oct 2012162,42189.383.40$9,661
Sep 2012192,70794.672.92$9,699
Aug 2012192,56092.662.91$9,205
Jul 2012172,37785.133.02$8,628
Jun 2012142,11279.822.52$6,438
May 2012151,93591.612.49$6,189
Apr 2012131,769101.652.00$4,854
Mar 20123358105.052.22$1,111
Feb 2012161,622101.102.57$5,787
Jan 2012191,83198.092.73$6,870
Dec 2011342,19596.873.24$10,405
Nov 2011252,10495.723.31$9,360
Oct 2011351,84284.983.65$9,695
Sep 2011315683.623.99$873
Aug 20110083.404.15$0
Jul 2011312394.144.52$838
Jun 20111472292.904.64$4,651
May 2011291,35398.134.40$8,805
Apr 2011401,789105.964.33$11,991
Mar 2011321,31196.364.06$8,403
Feb 2011361,54485.644.18$9,537
Jan 2011421,75186.504.59$11,668
Dec 2010281,35585.734.35$8,292
Nov 2010161,43680.843.80$6,744
Oct 2010191,59178.103.51$7,067
Sep 2010343,42372.633.98$16,091
Aug 2010274,29373.684.42$20,962
Jul 2010183,41772.554.74$17,490
Jun 2010272,71170.364.91$15,212
May 2010171,61971.124.24$8,066
Apr 2010191,03181.694.12$5,803
Mar 2010282,19078.394.39$11,806
Feb 2010242,08673.585.44$13,119
Jan 2010231,64174.365.96$11,497
Dec 2009362,90471.445.48$18,497
Nov 2009313,00874.593.75$13,597
Oct 2009422,85672.544.11$14,786
Sep 2009473,79265.543.06$14,702
Aug 2009543,26767.423.22$14,156
Jul 2009552,64361.133.46$12,519
Jun 2009693,15566.163.90$16,854
May 2009673,23054.743.93$16,348
Apr 2009633,26446.773.59$14,656
Mar 2009723,45042.144.06$17,038
Feb 2009613,25132.814.63$17,063
Jan 2009493,10135.865.37$18,413
Dec 2008573,55837.105.98$23,381
Nov 2008413,42955.496.86$25,799
Oct 2008312,17975.246.92$17,415
Sep 2008271,934101.767.88$17,982
Aug 2008232,521114.228.48$24,013
Jul 2008293,462131.0811.39$43,232
Jun 2008141,708131.3313.03$24,098
May 2008131,631123.1711.57$20,479
Apr 2008181,950110.3110.45$22,373
Mar 2008272,778101.909.66$29,598
Feb 2008423,42992.538.77$33,961
Jan 2008423,47290.388.21$32,286
Dec 2007333,04588.337.30$25,149
Nov 2007232,89691.677.29$23,225
Oct 2007263,17482.856.92$24,124
Sep 2007253,23575.846.24$22,096
Aug 2007293,77369.066.39$26,104
Jul 2007283,76970.906.39$26,061
Jun 2007303,56362.007.55$28,755
May 2007324,08458.747.85$33,924
Apr 2007313,67859.617.81$30,555
Mar 2007323,90056.927.30$30,299
Feb 2007353,74355.108.22$32,681
Jan 2007323,88850.306.73$27,764
Dec 2006403,91856.656.92$29,372
Nov 2006343,52954.207.62$28,725
Oct 2006252,99454.906.01$19,378
Sep 2006273,00960.085.04$16,779
Aug 2006333,64268.717.34$28,999
Jul 2006344,04769.376.34$28,028
Jun 2006344,10466.286.38$28,453
May 2006474,88266.016.42$34,469
Apr 2006544,57664.397.36$37,159
Mar 2006675,08256.707.08$39,794
Feb 2006474,75257.597.75$39,540
Jan 2006615,46160.598.93$52,481
Dec 2005463,32754.9413.42$47,160
Nov 20051054.6910.59$55
Oct 2005181,27158.3413.80$18,585
Sep 2005413,53261.4512.08$45,182
Aug 2005543,90861.519.80$41,608
Jul 2005312,23055.697.84$19,218
Jun 2005302,08352.337.38$16,945
May 2005432,62245.226.65$19,384
Apr 2005583,58849.207.36$29,263
Mar 2005754,47750.377.15$35,810
Feb 2005704,20845.226.31$29,726
Jan 2005834,70143.166.32$33,303
Dec 2004784,92239.866.75$36,338
Nov 2004624,82345.286.33$33,339
Oct 2004604,65749.706.52$33,323
Sep 2004554,64043.245.28$26,896
Aug 2004504,24742.375.55$25,692
Jul 2004473,81238.286.08$24,992
Jun 2004544,05936.106.43$28,061
May 2004614,19837.486.49$29,551
Apr 2004594,55534.475.86$28,719
Mar 2004694,95534.365.53$29,773
Feb 2004624,68532.455.51$27,824
Jan 2004574,85432.036.30$32,404
Dec 2003615,05030.266.30$33,669
Nov 2003894,94128.804.60$25,268
Oct 2003905,24528.174.76$27,500
Sep 2003975,21326.314.75$27,310
Aug 20031085,58729.765.13$31,874
Jul 2003904,77129.415.17$27,317
Jun 2003795,16128.565.98$33,134
May 2003864,62026.595.97$29,881
Apr 2003934,78426.675.41$28,349
Mar 20031196,52831.146.10$43,501
Feb 2003843,86233.487.93$33,422
Jan 2003955,21530.315.58$31,990
Dec 20021025,19726.914.85$27,970
Nov 20021245,71824.664.14$26,713
Oct 2002804,61426.464.23$21,630
Sep 2002534,99927.443.64$19,627
Aug 2002455,73825.963.16$19,324
Jul 2002445,09924.583.06$16,693
Jun 2002575,75323.733.34$20,558
May 2002705,75724.663.58$22,359
Apr 2002665,74423.653.51$21,736
Mar 2002716,08022.003.10$20,427
Feb 2002635,60618.222.38$14,466
Jan 2002696,18317.172.38$15,874
Dec 2001656,30716.932.36$16,013
Nov 2001536,31018.072.41$16,137
Oct 2001656,96719.782.53$18,904
Sep 20011264,43324.262.25$13,037
Aug 20011576,71324.873.05$24,400
Jul 20011527,10023.933.20$26,337
Jun 20011206,17024.563.82$26,542
May 20011506,53625.524.31$31,981
Apr 20011986,64124.685.34$40,319
Mar 20011786,78324.545.38$40,837
Feb 2001883,83627.755.77$24,565
Jan 2001163,41127.478.40$29,088
Dec 2000122,81326.889.12$25,984
Nov 200001,40632.215.66$7,955
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20001029.644.54$30
Jul 2000102,49428.534.09$10,485
Jun 2000194,10129.304.40$18,590
May 2000224,73527.263.68$18,023
Apr 2000315,60624.513.12$18,228
Mar 2000163,35028.422.86$10,035
Feb 2000214,24127.622.73$12,143
Jan 2000223,88925.272.48$10,203
Dec 1999224,32624.282.42$11,019
Nov 1999152,84423.192.43$7,270
Oct 1999164,61320.982.80$13,269
Sep 1999174,63121.752.62$12,498
Aug 1999185,69619.262.88$16,726
Jul 1999143,82817.892.37$9,332
Jun 1999164,33615.942.36$10,497
May 1999154,33915.792.32$10,308
Apr 1999174,22015.102.21$9,575
Mar 1999214,49112.471.84$8,518
Feb 1999194,1429.981.82$7,719
Jan 1999193,82510.381.90$7,465
Dec 1998214,4489.201.77$8,081
Nov 1998173,72410.892.19$8,325
Oct 1998183,84612.421.97$7,797
Sep 1998204,46812.592.08$9,557
Aug 1998195,39611.301.91$10,507
Jul 1998203,73011.742.24$8,580
Jun 1998205,00111.242.24$11,413
May 1998215,56212.622.21$12,537
Apr 1998234,78913.042.51$12,298
Mar 1998285,36912.802.31$12,758
Feb 1998214,81613.952.30$11,366
Jan 1998214,93814.702.15$10,949
Dec 1997265,56516.322.41$13,842
Nov 1997245,68918.193.09$18,006
Oct 1997194,93619.253.15$15,913
Sep 1997214,79417.742.95$14,538
Aug 1997245,43117.862.55$14,303
Jul 1997284,59317.582.25$10,812
Jun 1997255,68417.242.26$13,261
May 1997245,23418.972.31$12,538
Apr 1997306,13817.882.08$13,321
Mar 1997224,54518.951.94$9,230
Feb 1997315,34820.492.21$12,432
Jan 1997265,34723.483.54$19,537
Dec 1996315,70923.32$723
Nov 1996325,73521.97$703
Oct 1996266,21923.31$606
Sep 1996245,09122.22$533
Aug 1996296,38920.26$588
Jul 1996306,74319.55$587
Jun 1996335,61518.73$618
May 1996416,41119.43$797
Apr 1996386,39621.51$817
Mar 1996274,15519.38$523
Feb 1996345,37816.98$577
Jan 1996385,70917.07$649
Dec 1995366,87717.19$619
Nov 1995376,67316.00$592
Oct 1995337,63515.43$509
Sep 1995295,50616.18$469
Aug 1995306,23815.92$478
Jul 1995346,36415.24$518
Jun 1995356,04816.41$574
May 1995396,74917.56$685
Apr 1995405,50517.73$709
Mar 1995467,63916.44$756
Feb 1995416,86716.58$680
Jan 1995465,32215.92$732
Dec 1994537,67915.03$797
Nov 1994446,72015.90$700
Oct 1994436,72015.58$670
Sep 1994335,78015.29$505
Aug 1994294,65116.13$468
Jul 1994216,35717.56$369
Jun 1994195,55617.09$325
May 1994348,55215.88$540
Apr 1994348,52114.14$481
Mar 1994409,88012.46$498
Feb 1994327,59712.50$400
Jan 1994286,78412.66$354
Dec 1993246,35512.33$296
Nov 19930014.49$0
Oct 1993022,98715.85$0
Sep 1993020,21215.03$0
Aug 1993024,36515.66$0
Jul 1993021,99315.46$0
Jun 199308,91416.79$0
May 1993023,84017.68$0
Apr 199309,79518.05$0
Mar 199305,25618.14$0
Feb 199309,66417.90$0
Jan 199309,02216.93$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.

May 2026 — as filed, then multipliedworked
Condensate             5 bbl  × $106.41 =       $532
Gas                  378 Mcf  × $  3.05 =     $1,151

────────────────────────────────────────────────────
Month total                                   $1,683

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/78850 is the state's own key, not one this site invented.