PINKERTON-MERRITT

Name: PINKERTON-MERRITT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by REPUBLIC ENERGY INC. (P-5 702645) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 120008District 09Field 105745202 tax incentive programmesCondensateGasSave Export

Value, all time

$576 k

Jan 1993 – May 2010

Value, last 12 filed months

at the published price for each month

Months reported

209

no gaps in the span

Streams

condensate, gas

The BOONSVILLE (BEND CONGL., GAS) field

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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered

1945-05-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: “AMOUNT HAD BEEN CALCULATED FOR 5/1/97.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2002-03-20	146985
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,411 bbl	$27,091
Gas	Production	238,768 Mcf	$548,611
Total			$575,702

98,157 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 (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 33.2820, -97.5955. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.28199, -97.59548 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

6,800 ft

1 wells filed one

Completion to plug

25.2 years

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 6,800 ft.

Completions filed

Apr 1985

1 of 1 wells

Plug dates filed

Jun 2010

1 of 1 wells

Last completion to plug: a median of 25.2 years across the 1 well that filed both dates, with the middle half between 25.2 years and 25.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49732990	1	6,800 ft	Apr 1985	Jun 2010	Yes

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 (209)

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

209 months


May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	91	66.28	6.38	$581
May 2006	0	110	66.01	6.42	$707
Apr 2006	0	86	64.39	7.36	$633
Mar 2006	0	98	56.70	7.08	$694
Feb 2006	0	105	57.59	7.75	$814
Jan 2006	0	74	60.59	8.93	$661
Dec 2005	0	98	54.94	13.42	$1,315
Nov 2005	0	87	54.69	10.59	$921
Oct 2005	0	101	58.34	13.80	$1,393
Sep 2005	0	157	61.45	12.08	$1,896
Aug 2005	0	67	61.51	9.80	$656
Jul 2005	0	58	55.69	7.84	$455
Jun 2005	0	13	52.33	7.38	$96
May 2005	0	987	45.22	6.65	$6,565
Apr 2005	0	1,219	49.20	7.36	$8,972
Mar 2005	0	1,275	50.37	7.15	$9,122
Feb 2005	0	1,138	45.22	6.31	$7,183
Jan 2005	0	1,217	43.16	6.32	$7,694
Dec 2004	77	1,229	39.86	6.75	$11,366
Nov 2004	0	1,228	45.28	6.33	$7,774
Oct 2004	0	1,162	49.70	6.52	$7,571
Sep 2004	0	1,221	43.24	5.28	$6,452
Aug 2004	0	1,277	42.37	5.55	$7,088
Jul 2004	0	1,268	38.28	6.08	$7,715
Jun 2004	0	1,228	36.10	6.43	$7,900
May 2004	0	1,309	37.48	6.49	$8,501
Apr 2004	0	1,290	34.47	5.86	$7,557
Mar 2004	0	1,304	34.36	5.53	$7,211
Feb 2004	0	1,216	32.45	5.51	$6,700
Jan 2004	0	1,431	32.03	6.30	$9,015
Dec 2003	0	938	30.26	6.30	$5,911
Nov 2003	0	1,255	28.80	4.60	$5,767
Oct 2003	0	1,387	28.17	4.76	$6,602
Sep 2003	0	1,002	26.31	4.75	$4,759
Aug 2003	0	1,367	29.76	5.13	$7,012
Jul 2003	0	1,433	29.41	5.17	$7,410
Jun 2003	79	1,161	28.56	5.98	$9,202
May 2003	0	1,395	26.59	5.97	$8,332
Apr 2003	0	1,367	26.67	5.41	$7,392
Mar 2003	0	1,054	31.14	6.10	$6,425
Feb 2003	0	1,007	33.48	7.93	$7,981
Jan 2003	0	1,073	30.31	5.58	$5,990
Dec 2002	0	1,025	26.91	4.85	$4,975
Nov 2002	0	1,293	24.66	4.14	$5,349
Oct 2002	0	1,191	26.46	4.23	$5,037
Sep 2002	0	1,094	27.44	3.64	$3,977
Aug 2002	0	1,391	25.96	3.16	$4,401
Jul 2002	0	1,396	24.58	3.06	$4,274
Jun 2002	0	1,450	23.73	3.34	$4,840
May 2002	0	1,583	24.66	3.58	$5,673
Apr 2002	0	1,011	23.65	3.51	$3,551
Mar 2002	0	1,383	22.00	3.10	$4,291
Feb 2002	0	1,162	18.22	2.38	$2,761
Jan 2002	119	1,344	17.17	2.38	$5,236
Dec 2001	0	1,433	16.93	2.36	$3,388
Nov 2001	0	1,283	18.07	2.41	$3,086
Oct 2001	0	1,455	19.78	2.53	$3,680
Sep 2001	1	1,289	24.26	2.25	$2,926
Aug 2001	0	1,151	24.87	3.05	$3,514
Jul 2001	0	1,319	23.93	3.20	$4,217
Jun 2001	0	1,432	24.56	3.82	$5,476
May 2001	1	1,413	25.52	4.31	$6,112
Apr 2001	0	1,400	24.68	5.34	$7,469
Mar 2001	0	1,497	24.54	5.38	$8,049
Feb 2001	0	1,327	27.75	5.77	$7,653
Jan 2001	0	1,547	27.47	8.40	$12,993
Dec 2000	0	1,419	26.88	9.12	$12,945
Nov 2000	0	1,493	32.21	5.66	$8,447
Oct 2000	0	1,548	31.23	5.15	$7,965
Sep 2000	0	1,500	31.87	5.19	$7,780
Aug 2000	0	1,810	29.64	4.54	$8,219
Jul 2000	130	1,381	28.53	4.09	$9,357
Jun 2000	0	1,071	29.30	4.40	$4,709
May 2000	0	825	27.26	3.68	$3,036
Apr 2000	0	1,335	24.51	3.12	$4,160
Mar 2000	0	1,934	28.42	2.86	$5,531
Feb 2000	0	584	27.62	2.73	$1,592
Jan 2000	0	1,746	25.27	2.48	$4,331
Dec 1999	0	1,261	24.28	2.42	$3,056
Nov 1999	2	1,631	23.19	2.43	$4,016
Oct 1999	0	1,672	20.98	2.80	$4,688
Sep 1999	0	1,649	21.75	2.62	$4,318
Aug 1999	0	1,742	19.26	2.88	$5,009
Jul 1999	0	1,807	17.89	2.37	$4,287
Jun 1999	0	1,761	15.94	2.36	$4,160
May 1999	0	1,200	15.79	2.32	$2,785
Apr 1999	0	1,750	15.10	2.21	$3,864
Mar 1999	0	1,364	12.47	1.84	$2,507
Feb 1999	0	1,277	9.98	1.82	$2,321
Jan 1999	0	1,559	10.38	1.90	$2,962
Dec 1998	0	1,440	9.20	1.77	$2,554
Nov 1998	0	1,717	10.89	2.19	$3,753
Oct 1998	150	1,660	12.42	1.97	$5,132
Sep 1998	0	1,390	12.59	2.08	$2,895
Aug 1998	0	1,424	11.30	1.91	$2,716
Jul 1998	0	1,646	11.74	2.24	$3,683
Jun 1998	1	1,567	11.24	2.24	$3,517
May 1998	0	1,715	12.62	2.21	$3,784
Apr 1998	0	1,589	13.04	2.51	$3,981
Mar 1998	0	1,295	12.80	2.31	$2,991
Feb 1998	0	1,462	13.95	2.30	$3,361
Jan 1998	4	1,545	14.70	2.15	$3,388
Dec 1997	0	1,116	16.32	2.41	$2,691
Nov 1997	0	1,817	18.19	3.09	$5,611
Oct 1997	0	1,633	19.25	3.15	$5,144
Sep 1997	0	1,289	17.74	2.95	$3,809
Aug 1997	0	2,004	17.86	2.55	$5,120
Jul 1997	0	1,617	17.58	2.25	$3,633
Jun 1997	0	1,393	17.24	2.26	$3,144
May 1997	0	1,660	18.97	2.31	$3,832
Apr 1997	0	1,565	17.88	2.08	$3,260
Mar 1997	72	1,739	18.95	1.94	$4,737
Feb 1997	0	1,252	20.49	2.21	$2,762
Jan 1997	0	1,305	23.48	3.54	$4,619
Dec 1996	0	1,697	23.32	—	$0
Nov 1996	0	1,306	21.97	—	$0
Oct 1996	0	1,264	23.31	—	$0
Sep 1996	0	1,685	22.22	—	$0
Aug 1996	0	1,406	20.26	—	$0
Jul 1996	0	1,370	19.55	—	$0
Jun 1996	132	1,657	18.73	—	$2,472
May 1996	0	1,901	19.43	—	$0
Apr 1996	1	1,982	21.51	—	$22
Mar 1996	0	1,365	19.38	—	$0
Feb 1996	0	1,385	16.98	—	$0
Jan 1996	0	1,583	17.07	—	$0
Dec 1995	0	1,726	17.19	—	$0
Nov 1995	0	1,822	16.00	—	$0
Oct 1995	0	1,719	15.43	—	$0
Sep 1995	77	1,834	16.18	—	$1,246
Aug 1995	0	2,005	15.92	—	$0
Jul 1995	0	1,958	15.24	—	$0
Jun 1995	0	1,757	16.41	—	$0
May 1995	0	2,325	17.56	—	$0
Apr 1995	0	1,886	17.73	—	$0
Mar 1995	136	2,068	16.44	—	$2,236
Feb 1995	0	1,465	16.58	—	$0
Jan 1995	0	1,512	15.92	—	$0
Dec 1994	1	1,962	15.03	—	$15
Nov 1994	0	1,242	15.90	—	$0
Oct 1994	0	1,931	15.58	—	$0
Sep 1994	0	1,869	15.29	—	$0
Aug 1994	0	2,603	16.13	—	$0
Jul 1994	0	1,840	17.56	—	$0
Jun 1994	66	2,105	17.09	—	$1,128
May 1994	0	2,182	15.88	—	$0
Apr 1994	0	2,178	14.14	—	$0
Mar 1994	0	2,616	12.46	—	$0
Feb 1994	146	2,044	12.50	—	$1,825
Jan 1994	0	2,363	12.66	—	$0
Dec 1993	0	2,443	12.33	—	$0
Nov 1993	0	2,483	14.49	—	$0
Oct 1993	0	2,517	15.85	—	$0
Sep 1993	73	2,425	15.03	—	$1,097
Aug 1993	1	3,032	15.66	—	$16
Jul 1993	0	2,744	15.46	—	$0
Jun 1993	0	2,778	16.79	—	$0
May 1993	0	2,944	17.68	—	$0
Apr 1993	141	3,019	18.05	—	$2,545
Mar 1993	0	2,865	18.14	—	$0
Feb 1993	1	2,424	17.90	—	$18
Jan 1993	0	2,870	16.93	—	$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 2006 — as filed, then multipliedworked

Condensate             0 bbl  × $ 66.28 =         $0
Gas                   91 Mcf  × $  6.38 =       $581

────────────────────────────────────────────────────
Month total                                     $581

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. 09/G/120008 is the state's own key, not one this site invented.