PHILLIPS-MERRITT UNIT

Name: PHILLIPS-MERRITT UNIT lease production and value, Mar 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by J-W OPERATING CO. (P-5 427960) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 157704District 09Field 652802002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.6 M

Mar 1996 – Feb 2011

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

180

no gaps in the span

Streams

condensate, gas

The NEWARK, EAST (BARNETT SHALE) 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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered

1981-10-15

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 2009-09-29.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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	1996-06-18	134880
NGPA	1	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	35 bbl	$909
Gas	Production	399,557 Mcf	$1,647,596
Total			$1,648,506

45,703 Mcf of this lease's gas, across 10 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 33.1697, -97.3716. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.16966, -97.37161 · 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

8,140 ft

1 wells filed one

Completion to plug

14.9 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 8,140 ft.

Completions filed

Mar 1996

1 of 1 wells

Plug dates filed

Feb 2011

1 of 1 wells

Last completion to plug: a median of 14.9 years across the 1 well that filed both dates, with the middle half between 14.9 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.

1 well


42-12130628	1	8,140 ft	Mar 1996	Feb 2011	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 (180)

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

180 months


Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	822	72.63	3.98	$3,271
Aug 2010	0	1,608	73.68	4.42	$7,106
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
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	2	71.44	5.48	$11
Nov 2009	0	5	74.59	3.75	$19
Oct 2009	0	103	72.54	4.11	$423
Sep 2009	0	26	65.54	3.06	$80
Aug 2009	0	119	67.42	3.22	$383
Jul 2009	0	87	61.13	3.46	$301
Jun 2009	0	623	66.16	3.90	$2,427
May 2009	0	875	54.74	3.93	$3,435
Apr 2009	0	1,250	46.77	3.59	$4,484
Mar 2009	0	1,422	42.14	4.06	$5,772
Feb 2009	0	1,541	32.81	4.63	$7,139
Jan 2009	0	2,785	35.86	5.37	$14,958
Dec 2008	0	162	37.10	5.98	$968
Nov 2008	0	99	55.49	6.86	$679
Oct 2008	0	1,347	75.24	6.92	$9,324
Sep 2008	0	1,533	101.76	7.88	$12,076
Aug 2008	0	2,334	114.22	8.48	$19,799
Jul 2008	0	3,138	131.08	11.39	$35,740
Jun 2008	0	1,657	131.33	13.03	$21,595
May 2008	0	1,712	123.17	11.57	$19,815
Apr 2008	0	1,735	110.31	10.45	$18,139
Mar 2008	0	1,850	101.90	9.66	$17,879
Feb 2008	0	1,966	92.53	8.77	$17,243
Jan 2008	0	953	90.38	8.21	$7,820
Dec 2007	0	883	88.33	7.30	$6,448
Nov 2007	0	1,352	91.67	7.29	$9,858
Oct 2007	0	1,563	82.85	6.92	$10,819
Sep 2007	0	1,181	75.84	6.24	$7,374
Aug 2007	0	1,793	69.06	6.39	$11,454
Jul 2007	0	2,374	70.90	6.39	$15,165
Jun 2007	0	2,654	62.00	7.55	$20,034
May 2007	0	1,920	58.74	7.85	$15,065
Apr 2007	0	1,809	59.61	7.81	$14,120
Mar 2007	0	2,500	56.92	7.30	$18,255
Feb 2007	0	2,114	55.10	8.22	$17,369
Jan 2007	0	2,192	50.30	6.73	$14,745
Dec 2006	0	2,228	56.65	6.92	$15,414
Nov 2006	0	2,466	54.20	7.62	$18,785
Oct 2006	0	2,853	54.90	6.01	$17,157
Sep 2006	0	2,705	60.08	5.04	$13,626
Aug 2006	0	3,923	68.71	7.34	$28,795
Jul 2006	0	3,822	69.37	6.34	$24,242
Jun 2006	0	2,864	66.28	6.38	$18,283
May 2006	0	1,816	66.01	6.42	$11,668
Apr 2006	0	2,350	64.39	7.36	$17,297
Mar 2006	0	2,610	56.70	7.08	$18,486
Feb 2006	0	2,741	57.59	7.75	$21,246
Jan 2006	0	3,422	60.59	8.93	$30,570
Dec 2005	0	4,672	54.94	13.42	$62,677
Nov 2005	0	138	54.69	10.59	$1,461
Oct 2005	0	414	58.34	13.80	$5,711
Sep 2005	0	341	61.45	12.08	$4,119
Aug 2005	0	511	61.51	9.80	$5,006
Jul 2005	0	586	55.69	7.84	$4,596
Jun 2005	0	716	52.33	7.38	$5,285
May 2005	0	692	45.22	6.65	$4,603
Apr 2005	0	674	49.20	7.36	$4,961
Mar 2005	0	615	50.37	7.15	$4,400
Feb 2005	0	628	45.22	6.31	$3,964
Jan 2005	0	590	43.16	6.32	$3,730
Dec 2004	0	793	39.86	6.75	$5,354
Nov 2004	0	362	45.28	6.33	$2,292
Oct 2004	0	506	49.70	6.52	$3,297
Sep 2004	0	548	43.24	5.28	$2,896
Aug 2004	0	596	42.37	5.55	$3,308
Jul 2004	0	424	38.28	6.08	$2,580
Jun 2004	0	561	36.10	6.43	$3,609
May 2004	0	869	37.48	6.49	$5,644
Apr 2004	0	814	34.47	5.86	$4,769
Mar 2004	0	736	34.36	5.53	$4,070
Feb 2004	0	559	32.45	5.51	$3,080
Jan 2004	0	913	32.03	6.30	$5,752
Dec 2003	0	633	30.26	6.30	$3,989
Nov 2003	0	1,337	28.80	4.60	$6,144
Oct 2003	0	1,519	28.17	4.76	$7,230
Sep 2003	0	1,614	26.31	4.75	$7,665
Aug 2003	0	1,817	29.76	5.13	$9,321
Jul 2003	0	1,998	29.41	5.17	$10,331
Jun 2003	0	1,350	28.56	5.98	$8,077
May 2003	0	1,819	26.59	5.97	$10,864
Apr 2003	0	1,947	26.67	5.41	$10,528
Mar 2003	0	1,861	31.14	6.10	$11,345
Feb 2003	0	2,245	33.48	7.93	$17,794
Jan 2003	0	2,618	30.31	5.58	$14,614
Dec 2002	0	2,859	26.91	4.85	$13,877
Nov 2002	0	3,028	24.66	4.14	$12,527
Oct 2002	0	1,882	26.46	4.23	$7,959
Sep 2002	0	1,064	27.44	3.64	$3,868
Aug 2002	0	2,944	25.96	3.16	$9,315
Jul 2002	0	2,684	24.58	3.06	$8,218
Jun 2002	0	2,046	23.73	3.34	$6,830
May 2002	0	2,639	24.66	3.58	$9,458
Apr 2002	0	2,535	23.65	3.51	$8,904
Mar 2002	0	2,775	22.00	3.10	$8,610
Feb 2002	0	2,475	18.22	2.38	$5,880
Jan 2002	0	2,890	17.17	2.38	$6,866
Dec 2001	0	3,017	16.93	2.36	$7,133
Nov 2001	0	3,173	18.07	2.41	$7,633
Oct 2001	0	2,999	19.78	2.53	$7,584
Sep 2001	9	2,970	24.26	2.25	$6,905
Aug 2001	0	3,238	24.87	3.05	$9,886
Jul 2001	4	3,032	23.93	3.20	$9,789
Jun 2001	1	3,514	24.56	3.82	$13,463
May 2001	0	3,586	25.52	4.31	$15,446
Apr 2001	5	4,258	24.68	5.34	$22,841
Mar 2001	0	3,804	24.54	5.38	$20,452
Feb 2001	9	3,170	27.75	5.77	$18,531
Jan 2001	1	3,642	27.47	8.40	$30,616
Dec 2000	4	4,237	26.88	9.12	$38,760
Nov 2000	0	3,795	32.21	5.66	$21,472
Oct 2000	2	3,905	31.23	5.15	$20,156
Sep 2000	0	3,291	31.87	5.19	$17,069
Aug 2000	0	4,267	29.64	4.54	$19,375
Jul 2000	0	3,921	28.53	4.09	$16,036
Jun 2000	0	3,534	29.30	4.40	$15,540
May 2000	0	3,422	27.26	3.68	$12,592
Apr 2000	0	3,281	24.51	3.12	$10,224
Mar 2000	0	4,681	28.42	2.86	$13,386
Feb 2000	0	4,545	27.62	2.73	$12,392
Jan 2000	0	5,024	25.27	2.48	$12,462
Dec 1999	0	4,496	24.28	2.42	$10,897
Nov 1999	0	5,048	23.19	2.43	$12,287
Oct 1999	0	5,453	20.98	2.80	$15,289
Sep 1999	0	5,632	21.75	2.62	$14,749
Aug 1999	0	4,569	19.26	2.88	$13,139
Jul 1999	0	5,034	17.89	2.37	$11,943
Jun 1999	0	5,598	15.94	2.36	$13,223
May 1999	0	6,630	15.79	2.32	$15,388
Apr 1999	0	7,431	15.10	2.21	$16,408
Mar 1999	0	7,137	12.47	1.84	$13,120
Feb 1999	0	331	9.98	1.82	$602
Jan 1999	0	1,119	10.38	1.90	$2,126
Dec 1998	0	1,378	9.20	1.77	$2,444
Nov 1998	0	1,516	10.89	2.19	$3,314
Oct 1998	0	2,075	12.42	1.97	$4,086
Sep 1998	0	1,376	12.59	2.08	$2,866
Aug 1998	0	1,878	11.30	1.91	$3,582
Jul 1998	0	1,690	11.74	2.24	$3,781
Jun 1998	0	2,217	11.24	2.24	$4,960
May 1998	0	1,661	12.62	2.21	$3,665
Apr 1998	0	1,672	13.04	2.51	$4,189
Mar 1998	0	2,699	12.80	2.31	$6,233
Feb 1998	0	1,659	13.95	2.30	$3,814
Jan 1998	0	1,796	14.70	2.15	$3,870
Dec 1997	0	1,968	16.32	2.41	$4,745
Nov 1997	0	2,061	18.19	3.09	$6,365
Oct 1997	0	2,146	19.25	3.15	$6,760
Sep 1997	0	2,238	17.74	2.95	$6,613
Aug 1997	0	2,474	17.86	2.55	$6,320
Jul 1997	0	2,678	17.58	2.25	$6,017
Jun 1997	0	3,528	17.24	2.26	$7,963
May 1997	0	1,909	18.97	2.31	$4,407
Apr 1997	0	2,250	17.88	2.08	$4,686
Mar 1997	0	3,245	18.95	1.94	$6,293
Feb 1997	0	2,975	20.49	2.21	$6,563
Jan 1997	0	3,255	23.48	3.54	$11,522
Dec 1996	0	3,698	23.32	—	$0
Nov 1996	0	3,664	21.97	—	$0
Oct 1996	0	3,827	23.31	—	$0
Sep 1996	0	3,932	22.22	—	$0
Aug 1996	0	3,880	20.26	—	$0
Jul 1996	0	4,063	19.55	—	$0
Jun 1996	0	5,311	18.73	—	$0
May 1996	0	4,255	19.43	—	$0
Apr 1996	0	4,351	21.51	—	$0
Mar 1996	0	8,722	19.38	—	$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.

Sep 2010 — as filed, then multipliedworked

Condensate             0 bbl  × $ 72.63 =         $0
Gas                  822 Mcf  × $  3.98 =     $3,271

────────────────────────────────────────────────────
Month total                                   $3,271

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/157704 is the state's own key, not one this site invented.