NESBITT, STROUD B. GAS UNIT

Operated by MERIT ENERGY COMPANY (P-5 561136) in the HALLSVILLE, NE. (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 92510District 06Field 38291500NGPA filingCondensateGasSaveExport
Value, all time
$3.3 M
Jan 1993 – May 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
377
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 17 leases and 39 wells, and the rule below applies to all of them.

Discovered
1956-12-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,650 ft
minimum
From a lease line
560 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: MULTI 49B MAX. 640 AC. 10% TOL. DOCKET 6-76310

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
CondensateDisposition14,652 bbl$625,822
GasProduction785,562 Mcf$2,710,445
Total$3,336,267

191,512 Mcf of this lease's gas, across 39 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 32.5766, -94.4467. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.57663, -94.44672 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,400 ft
1 wells filed one
Completion to plug
12 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,400 ft.

Completions filed
May 2023
1 of 1 wells
Plug dates filed
May 2024
1 of 1 wells

Last completion to plug: a median of 12 months across the 1 well that filed both dates, with the middle half between 12 months and 12 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20330527110,400 ftMay 2023May 2024Yes

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 (377)

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

377 months

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 202202115.097.98$16
May 2022011109.378.43$93
Apr 2022015104.226.84$103
Mar 202201108.885.08$5
Feb 2022067191.054.86$3,260
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 20180246.594.19$8
Nov 2018016352.934.24$691
Oct 201809761.443.40$330
Sep 2018025559.543.11$793
Aug 2018011059.403.07$337
Jul 201801,26165.142.93$3,697
Jun 201801,24460.183.08$3,828
May 201801,30265.382.90$3,777
Apr 201801,24263.842.90$3,603
Mar 2018074461.222.79$2,073
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 2017023547.523.09$726
Aug 201701,15145.373.00$3,458
Jul 201701,35843.873.09$4,193
Jun 201701,38842.493.09$4,285
May 201701,65445.373.26$5,398
Apr 201701,55647.933.21$4,997
Mar 201701,65546.772.98$4,938
Feb 201701,51950.452.95$4,485
Jan 201701,74049.413.42$5,949
Dec 201601,74448.763.72$6,493
Nov 201601,69642.492.64$4,485
Oct 201601,77246.193.09$5,476
Sep 201601,74641.553.10$5,414
Aug 201601,63841.442.92$4,790
Jul 201601,24841.622.92$3,650
Jun 2016052145.352.69$1,399
May 2016034542.521.99$687
Apr 2016025036.561.99$498
Mar 2016023533.011.79$422
Feb 2016125426.472.06$551
Jan 20161227827.352.36$985
Dec 20151230432.362.00$997
Nov 2015911338.792.17$594
Oct 2015726943.552.43$958
Sep 201549442.992.76$2,118
Aug 20154892040.162.87$4,570
Jul 20151048.152.95$48
Jun 2015551,00556.152.88$5,986
May 2015581,22955.212.96$6,834
Apr 2015631,08949.822.71$6,086
Mar 20157382742.892.93$5,558
Feb 20156882744.662.98$5,498
Jan 20158563843.433.10$5,670
Dec 20148241654.693.59$5,979
Nov 20145684970.464.25$7,556
Oct 201451,45578.303.90$6,067
Sep 2014658386.164.05$2,875
Aug 2014319689.394.04$1,059
Jul 20140096.564.18$0
Jun 2014731598.164.74$2,179
May 2014744394.734.73$2,757
Apr 2014792095.944.81$5,096
Mar 2014233795.895.06$1,896
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201310104.113.72$104
Aug 201325136104.253.52$3,085
Jul 201326629102.523.72$5,004
Jun 20132258194.403.93$4,362
May 20132749794.834.15$4,623
Apr 2013271,14893.964.28$7,453
Mar 2013311,45493.623.91$8,592
Feb 2013331,40291.233.42$7,805
Jan 2013331,60691.603.42$8,515
Dec 2012201,65186.773.42$7,382
Nov 2012131,23686.953.62$5,611
Oct 2012121,52089.383.40$6,240
Sep 2012411,47194.672.92$8,174
Aug 2012491,53992.662.91$9,016
Jul 2012491,74785.133.02$9,449
Jun 20122595679.822.52$4,404
May 20122061091.612.49$3,350
Apr 2012361,130101.652.00$5,916
Mar 2012531,709105.052.22$9,365
Feb 2012661,684101.102.57$11,001
Jan 2012621,48698.092.73$10,144
Dec 2011701,56396.873.24$11,845
Nov 2011581,76095.723.31$11,380
Oct 2011341,19584.983.65$7,249
Sep 2011281,02583.623.99$6,427
Aug 2011401,43683.404.15$9,294
Jul 2011441,71994.144.52$11,907
Jun 2011491,92892.904.64$13,498
May 2011531,85198.134.40$13,354
Apr 2011581,714105.964.33$13,573
Mar 2011671,74096.364.06$13,516
Feb 20111341,49785.644.18$17,733
Jan 20111511,65586.504.59$20,656
Dec 20101451,87485.734.35$20,579
Nov 20101301,71580.843.80$17,018
Oct 20101411,89978.103.51$17,675
Sep 20101191,78672.633.98$15,750
Aug 20101062,47773.684.42$18,757
Jul 20101013,09072.554.74$21,963
Jun 20101161,76870.364.91$16,843
May 20101452,13171.124.24$19,338
Apr 20102061,73481.694.12$23,977
Mar 20101652,01478.394.39$21,773
Feb 2010511,30473.585.44$10,849
Jan 201098574.365.96$1,176
Dec 2009741,60171.445.48$14,066
Nov 2009561,56274.593.75$10,037
Oct 20092966272.544.11$4,825
Sep 2009601,70765.543.06$9,164
Aug 2009952,12667.423.22$13,247
Jul 2009921,63361.133.46$11,281
Jun 20091151,96066.163.90$15,243
May 2009941,57454.743.93$11,325
Apr 20091242,42546.773.59$14,499
Mar 2009522,16542.144.06$10,979
Feb 2009462,07732.814.63$11,132
Jan 2009422,17435.865.37$13,183
Dec 2008733,94037.105.98$26,258
Nov 2008322,23755.496.86$17,122
Oct 2008222,32075.246.92$17,714
Sep 2008201,948101.767.88$17,380
Aug 2008222,525114.228.48$23,932
Jul 2008151,730131.0811.39$21,670
Jun 2008192,243131.3313.03$31,727
May 2008232,639123.1711.57$33,377
Apr 2008242,515110.3110.45$28,941
Mar 2008282,697101.909.66$28,917
Feb 2008812,19492.538.77$26,738
Jan 2008872,34890.388.21$27,130
Dec 2007842,50188.337.30$25,682
Nov 2007702,55891.677.29$25,069
Oct 2007552,70082.856.92$23,246
Sep 2007412,17275.846.24$16,672
Aug 2007442,35069.066.39$18,050
Jul 2007422,28270.906.39$17,555
Jun 2007392,23762.007.55$19,304
May 2007422,51058.747.85$22,161
Apr 2007422,37059.617.81$21,002
Mar 2007462,46856.927.30$20,640
Feb 2007822,26355.108.22$23,111
Jan 2007822,61950.306.73$21,742
Dec 2006862,65056.656.92$23,206
Nov 2006772,45354.207.62$22,859
Oct 2006652,53454.906.01$18,807
Sep 200602,49760.085.04$12,578
Aug 200602,77168.717.34$20,339
Jul 200602,80669.376.34$17,798
Jun 200602,62966.286.38$16,783
May 200602,78866.016.42$17,913
Apr 200602,76664.397.36$20,359
Mar 200602,78056.707.08$19,691
Feb 200602,47657.597.75$19,192
Jan 200602,79060.598.93$24,924
Dec 200502,78454.9413.42$37,348
Nov 200502,26354.6910.59$23,962
Oct 200503,00258.3413.80$41,415
Sep 200503,05561.4512.08$36,901
Aug 200502,94461.519.80$28,842
Jul 200503,03155.697.84$23,774
Jun 200502,94552.337.38$21,737
May 200502,98745.226.65$19,867
Apr 200503,00249.207.36$22,096
Mar 200503,09450.377.15$22,137
Feb 200502,81645.226.31$17,774
Jan 200503,14243.166.32$19,864
Dec 200413,11839.866.75$21,090
Nov 2004223,08145.286.33$20,500
Oct 2004233,23049.706.52$22,187
Sep 2004203,02443.245.28$16,843
Aug 2004273,26242.375.55$19,250
Jul 20041113,03438.286.08$22,708
Jun 20041172,85536.106.43$22,590
May 20041373,12737.486.49$25,443
Apr 20041263,21334.475.86$23,166
Mar 20041383,31634.365.53$23,080
Feb 20041243,07432.455.51$20,960
Jan 20041253,37532.036.30$25,265
Dec 20031713,36530.266.30$26,379
Nov 20031673,34028.804.60$20,157
Oct 20031683,50228.174.76$21,401
Sep 20031783,41226.314.75$20,888
Aug 20031883,48329.765.13$23,462
Jul 20031813,49429.415.17$23,390
Jun 20031343,29928.565.98$23,565
May 2003143,51026.595.97$21,336
Apr 2003143,54426.675.41$19,537
Mar 2003153,78531.146.10$23,541
Feb 2003143,37133.487.93$27,187
Jan 2003113,03530.315.58$17,275
Dec 2002133,20826.914.85$15,921
Nov 2002173,19924.664.14$13,653
Oct 200271,94226.464.23$8,398
Sep 2002366127.443.64$2,485
Aug 200262,21325.963.16$7,158
Jul 2002249124.583.06$1,552
Jun 200271,61223.733.34$5,547
May 2002183,56624.663.58$13,224
Apr 2002223,44823.653.51$12,631
Mar 2002233,44622.003.10$11,198
Feb 2002213,44918.222.38$8,576
Jan 2002203,30117.172.38$8,186
Dec 2001183,27116.932.36$8,039
Nov 2001163,56818.072.41$8,872
Oct 2001173,56319.782.53$9,347
Sep 2001193,55824.262.25$8,471
Aug 2001173,58124.873.05$11,356
Jul 200104,00023.933.20$12,788
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20015027.755.77$139
Jan 2001753,51427.478.40$31,573
Dec 2000733,40026.889.12$32,979
Nov 2000613,47332.215.66$21,615
Oct 2000723,86131.235.15$22,115
Sep 2000703,78231.875.19$21,846
Aug 2000874,14529.644.54$21,400
Jul 2000784,32728.534.09$19,922
Jun 2000823,88029.304.40$19,464
May 2000894,21727.263.68$17,944
Apr 20001144,22824.513.12$15,969
Mar 2000914,30928.422.86$14,909
Feb 2000893,98427.622.73$13,321
Jan 20001014,11425.272.48$12,757
Dec 1999903,79824.282.42$11,390
Nov 1999783,49923.192.43$10,325
Oct 1999694,16320.982.80$13,119
Sep 1999714,09021.752.62$12,255
Aug 1999584,25719.262.88$13,359
Jul 1999694,03217.892.37$10,800
Jun 1999714,10615.942.36$10,831
May 1999734,41515.792.32$11,400
Apr 1999814,30915.102.21$10,738
Mar 1999864,04312.471.84$8,505
Feb 1999813,8089.981.82$7,731
Jan 1999824,17010.381.90$8,774
Dec 1998804,1369.201.77$8,070
Nov 1998754,23110.892.19$10,065
Oct 1998804,50112.421.97$9,857
Sep 1998764,46512.592.08$10,256
Aug 1998874,65011.301.91$9,852
Jul 19981144,82811.742.24$12,140
Jun 1998994,52011.242.24$11,225
May 1998694,80012.622.21$11,461
Apr 1998764,59813.042.51$12,511
Mar 1998944,73412.802.31$12,136
Feb 1998714,23813.952.30$10,734
Jan 1998804,81114.702.15$11,543
Dec 19971224,86016.322.41$13,709
Nov 19971214,93518.193.09$17,442
Oct 19971074,99019.253.15$17,777
Sep 19971204,93617.742.95$16,714
Aug 19971055,21817.862.55$15,206
Jul 19971093,92117.582.25$10,726
Jun 1997624,62017.242.26$11,497
May 1997704,90218.972.31$12,644
Apr 1997394,76417.882.08$10,620
Mar 1997543,35318.951.94$7,525
Feb 1997491,74820.492.21$4,860
Jan 19971004,41023.483.54$17,958
Dec 1996343,81923.32$793
Nov 1996734,20621.97$1,604
Oct 1996355,02023.31$816
Sep 1996673,96322.22$1,489
Aug 1996395,14820.26$790
Jul 1996974,86719.55$1,896
Jun 1996524,32818.73$974
May 19961044,52719.43$2,021
Apr 199604,21021.51$0
Mar 19961104,69219.38$2,132
Feb 19961884,63816.98$3,192
Jan 1996694,49417.07$1,178
Dec 199505,48917.19$0
Nov 19951405,36616.00$2,240
Oct 19951365,90315.43$2,098
Sep 19951295,89516.18$2,087
Aug 1995595,61415.92$939
Jul 19951435,31815.24$2,179
Jun 1995415,55016.41$673
May 1995415,61817.56$720
Apr 1995865,91917.73$1,525
Mar 19951276,17616.44$2,088
Feb 1995855,61816.58$1,409
Jan 1995854,21515.92$1,353
Dec 19941627,29215.03$2,435
Nov 1994492,48515.90$779
Oct 19941455,45715.58$2,259
Sep 199405,06915.29$0
Aug 199405,73916.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 199303,54515.85$0
Sep 199303,20415.03$0
Aug 199305,62515.66$0
Jul 199305,15815.46$0
Jun 199303,79916.79$0
May 199305,57617.68$0
Apr 199304,21918.05$0
Mar 199304,05318.14$0
Feb 199304,11217.90$0
Jan 199305,58616.93$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 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $115.09 =         $0
Gas                    2 Mcf  × $  7.98 =        $16

────────────────────────────────────────────────────
Month total                                      $16

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/92510 is the state's own key, not one this site invented.