ROLLOW

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 29292District 08Field 85280300NGPA filingOilCasinghead gasSaveExport
Value, all time
$221 k
Jan 1993 – Mar 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
147
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
NGPA7none

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
OilDisposition12,498 bbl$207,293
Casinghead gasProduction21,717 Mcf$14,159
Total$221,452

15,867 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 (7)

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 32.4592, -101.9956. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

32.45826, -101.99506 · centre of 6 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%
7 of 7 wells
With a plug date
100.0%
7 of 7 wells
Median depth
9,500 ft
7 wells filed one
Completion to plug
14.4 years
median over 7 wells

What the state filed about each well

On the RRC proration schedule
7100.0%
A plug date is filed
7100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
7100.0%
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 9,478 and 11,915 ft, median 9,500 ft, over the 7 wells that filed a depth.

Completions filed
Aug 1984 – Jan 1986
7 of 7 wells
Plug dates filed
May 1997 – Feb 2005
7 of 7 wells

Last completion to plug: a median of 14.4 years across the 7 wells that filed both dates, with the middle half between 14.0 years and 14.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-3173293149,495 ftJan 1986Feb 2005Yes
42-31733162711,915 ftAug 1985Mar 1999Yes
42-3173293319,500 ftOct 1984Mar 1999Yes
42-3173292969,508 ftSep 1984Dec 1999Yes
42-3173293239,482 ftSep 1984Feb 1999Yes
42-3173293429,478 ftAug 1984May 1997Yes
42-3173293059,600 ftAug 1984Feb 1999Yes

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 (147)

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

147 months

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 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 199967012.471.84$835
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 199822614912.421.97$3,100
Sep 1998020612.592.08$429
Aug 199818124611.301.91$2,515
Jul 1998028611.742.24$640
Jun 199817725511.242.24$2,560
May 1998014712.622.21$324
Apr 199835522513.042.51$5,193
Mar 1998018312.802.31$423
Feb 1998018513.952.30$425
Jan 199833124314.702.15$5,389
Dec 1997026216.322.41$632
Nov 1997029518.193.09$911
Oct 199734629519.253.15$7,590
Sep 1997032217.742.95$951
Aug 199716532217.862.55$3,770
Jul 1997033617.582.25$755
Jun 199717433617.242.26$3,758
May 199717435318.972.31$4,116
Apr 1997030817.882.08$642
Mar 199713132118.951.94$3,105
Feb 199718228220.492.21$4,351
Jan 199712129323.483.54$3,878
Dec 199621431423.32$4,990
Nov 1996017821.97$0
Oct 19963458423.31$8,042
Sep 199609122.22$0
Aug 199617313420.26$3,505
Jul 199617520219.55$3,421
Jun 199617421518.73$3,259
May 199617523519.43$3,400
Apr 199617239621.51$3,700
Mar 199617439619.38$3,372
Feb 199635735016.98$6,062
Jan 199617034017.07$2,902
Dec 199518126517.19$3,111
Nov 199518427416.00$2,944
Oct 199518219715.43$2,808
Sep 199518021916.18$2,912
Aug 199517820215.92$2,834
Jul 199518614115.24$2,835
Jun 199518111716.41$2,970
May 199518113517.56$3,178
Apr 199517811217.73$3,156
Mar 199518512316.44$3,041
Feb 199518012416.58$2,984
Jan 199518614815.92$2,961
Dec 199418224215.03$2,735
Nov 199436427215.90$5,788
Oct 1994032115.58$0
Sep 199435129415.29$5,367
Aug 199418028016.13$2,903
Jul 199417929817.56$3,143
Jun 199418052017.09$3,076
May 199418284115.88$2,890
Apr 199436084114.14$5,090
Mar 199417890912.46$2,218
Feb 199418375912.50$2,288
Jan 199418356212.66$2,317
Dec 199335432912.33$4,365
Nov 199336327414.49$5,260
Oct 199318153815.85$2,869
Sep 1993044815.03$0
Aug 199335434015.66$5,544
Jul 199318351515.46$2,829
Jun 199335439816.79$5,944
May 199335636517.68$6,294
Apr 1993137518.05$18
Mar 199336249418.14$6,567
Feb 199335534217.90$6,355
Jan 199317231816.93$2,912

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.

Mar 1999 — as filed, then multipliedworked
Oil                   67 bbl  × $ 12.47 =       $835
Casinghead gas         0 Mcf  × $  1.84 =         $0

────────────────────────────────────────────────────
Month total                                     $835

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/29292 is the state's own key, not one this site invented.