HOWARD

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

Oil lease lease 21696District 08Field 85280300NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.0 M
Jan 1993 – Jan 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
169
no gaps in the span
Streams
2
oil, casinghead 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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
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 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
NGPA2none

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
OilDisposition41,557 bbl$784,492
Casinghead gasProduction149,144 Mcf$223,738
Total$1,008,230

76,074 Mcf of this lease's gas, across 48 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 (4)

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 32.1644, -101.9114. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.16425, -101.91115 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
9,113 ft
4 wells filed one
Completion to plug
20.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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

Between 9,020 and 9,210 ft, median 9,113 ft, over the 4 wells that filed a depth.

Completions filed
Feb 1984 – Mar 1984
2 of 4 wells; 2 filed none
Plug dates filed
Jan 1998 – Dec 2004
4 of 4 wells

Last completion to plug: a median of 20.8 years across the 2 wells that filed both dates, with the middle half between 20.8 years and 20.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-3173013319,025 ftDec 2004Yes
42-3173014329,020 ftJan 1998Yes
42-3173285049,210 ftMar 1984Nov 2004Yes
42-3173285239,200 ftFeb 1984Dec 2004Yes

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 (169)

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

169 months

Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 200460034.475.86$2,068
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 200305230.266.30$328
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20031826529.765.13$5,750
Jul 2003011729.415.17$605
Jun 200307628.565.98$455
May 20031839426.595.97$5,427
Apr 200335121226.675.41$10,508
Mar 200318318931.146.10$6,851
Feb 2003013433.487.93$1,062
Jan 200318114530.315.58$6,296
Dec 200217930826.914.85$6,312
Nov 200216928824.664.14$5,359
Oct 200218829926.464.23$6,239
Sep 2002021627.443.64$785
Aug 200218018625.963.16$5,261
Jul 200218633024.583.06$5,582
Jun 200217911423.733.34$4,628
May 200218430624.663.58$5,634
Apr 200217428923.653.51$5,130
Mar 200218339322.003.10$5,245
Feb 2002042818.222.38$1,017
Jan 200218367417.172.38$4,743
Dec 200136167416.932.36$7,705
Nov 200117458318.072.41$4,547
Oct 2001057519.782.53$1,454
Sep 200116038024.262.25$4,737
Aug 200116842924.873.05$5,488
Jul 2001055823.933.20$1,784
Jun 200117743024.563.82$5,992
May 200117663925.524.31$7,244
Apr 200134169924.685.34$12,145
Mar 20011791,01324.545.38$9,839
Feb 20013481,06727.755.77$15,810
Jan 20015431,17727.478.40$24,802
Dec 200036799026.889.12$18,896
Nov 200035695132.215.66$16,848
Oct 20003551,12431.235.15$16,870
Sep 200017490231.875.19$10,224
Aug 20003671,05829.644.54$15,682
Jul 20003531,26328.534.09$15,236
Jun 20003361,14229.304.40$14,866
May 20003711,18127.263.68$14,459
Apr 20003621,16224.513.12$12,493
Mar 20005451,18128.422.86$18,866
Feb 20003721,18127.622.73$13,495
Jan 20001811,22725.272.48$7,617
Dec 19995341,23424.282.42$15,956
Nov 199934797623.192.43$10,423
Oct 199917195820.982.80$6,274
Sep 19991781,10621.752.62$6,768
Aug 19995351,27219.262.88$13,962
Jul 19993471,18717.892.37$9,024
Jun 19993211,04015.942.36$7,573
May 19993501,24615.792.32$8,418
Apr 19993331,11715.102.21$7,495
Mar 19993511,15712.471.84$6,504
Feb 19993471,2179.981.82$5,675
Jan 19995321,28810.381.90$7,969
Dec 19983701,2159.201.77$5,559
Nov 19983441,25110.892.19$6,481
Oct 19985151,36512.421.97$9,084
Sep 199817291712.592.08$4,075
Aug 19981741,30811.301.91$4,461
Jul 19983341,51711.742.24$7,315
Jun 19983461,48911.242.24$7,220
May 19985401,55512.622.21$10,246
Apr 19983461,25013.042.51$7,644
Mar 19983571,48612.802.31$8,001
Feb 19983571,10113.952.30$7,511
Jan 19985341,39314.702.15$10,851
Dec 19971811,35616.322.41$6,223
Nov 19973591,10618.193.09$9,946
Oct 19978951,24019.253.15$21,135
Sep 199701,44117.742.95$4,258
Aug 19971741,50417.862.55$6,950
Jul 19975051,61317.582.25$12,502
Jun 19973551,49517.242.26$9,495
May 19973561,61918.972.31$10,491
Apr 19973481,51617.882.08$9,380
Mar 19975251,54018.951.94$12,935
Feb 19973431,13920.492.21$9,541
Jan 19971821,35523.483.54$9,070
Dec 19965191,49123.32$12,103
Nov 19963521,56621.97$7,733
Oct 19963471,60023.31$8,089
Sep 19963711,52622.22$8,244
Aug 19963331,73820.26$6,747
Jul 19963451,79119.55$6,745
Jun 19965131,78018.73$9,608
May 19963441,82719.43$6,684
Apr 19965021,67721.51$10,798
Mar 19963351,41119.38$6,492
Feb 19963411,04816.98$5,790
Jan 19966841,27617.07$11,676
Dec 19952721,70717.19$4,676
Nov 19951871,16416.00$2,992
Oct 19953081,13115.43$4,752
Sep 19954401,24116.18$7,119
Aug 19953621,25815.92$5,763
Jul 19954231,59315.24$6,447
Jun 19953521,63216.41$5,776
May 19953761,70917.56$6,603
Apr 19953911,64217.73$6,932
Mar 19954191,59716.44$6,888
Feb 19954041,40716.58$6,698
Jan 19953041,63115.92$4,840
Dec 19946231,64615.03$9,364
Nov 19943321,62615.90$5,279
Oct 19943651,71115.58$5,687
Sep 19943401,74115.29$5,199
Aug 19943882,00016.13$6,258
Jul 19943431,98917.56$6,023
Jun 19944181,76417.09$7,144
May 19942371,91515.88$3,764
Apr 19947161,56314.14$10,124
Mar 19943951,53012.46$4,922
Feb 19944011,44712.50$5,013
Jan 19944481,62712.66$5,672
Dec 19934221,63812.33$5,203
Nov 19933791,62414.49$5,492
Oct 19934051,60915.85$6,419
Sep 19934131,68215.03$6,207
Aug 19932241,58815.66$3,508
Jul 19935681,55815.46$8,781
Jun 19934231,56616.79$7,102
May 19936321,76017.68$11,174
Apr 19931821,45918.05$3,285
Mar 19931641,40318.14$2,975
Feb 19933291,53317.90$5,889
Jan 19935171,65216.93$8,753

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.

Apr 2004 — as filed, then multipliedworked
Oil                   60 bbl  × $ 34.47 =     $2,068
Casinghead gas         0 Mcf  × $  5.86 =         $0

────────────────────────────────────────────────────
Month total                                   $2,068

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. 08/O/21696 is the state's own key, not one this site invented.