MERRELL GAS UNIT

Name: MERRELL GAS UNIT lease production and value, Jul 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by AETHON ENERGY OPERATING LLC (P-5 8555) 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 169665District 09Field 652802002 tax incentive programmesCondensateGasSave Export

Value, all time

$3.3 M

Jul 1998 – Sep 2018

Value, last 12 filed months

$29 k

at the published price for each month

Months reported

243

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	1998-09-18	139421
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	95 bbl	$2,656
Gas	Production	564,082 Mcf	$3,306,442
Total			$3,309,097

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 33.0905, -97.2586. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.09048, -97.25857 · 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

8,163 ft

1 wells filed one

Completion to plug

20.2 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 8,163 ft.

Completions filed

Jul 1998

1 of 1 wells

Plug dates filed

Sep 2018

1 of 1 wells

Last completion to plug: a median of 20.2 years across the 1 well that filed both dates, with the middle half between 20.2 years and 20.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-12130669	2	8,163 ft	Jul 1998	Sep 2018	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 (243)

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

243 months


Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	270	65.14	2.93	$792
Jun 2018	0	1,526	60.18	3.08	$4,695
May 2018	0	1,494	65.38	2.90	$4,334
Apr 2018	0	1,523	63.84	2.90	$4,418
Mar 2018	0	948	61.22	2.79	$2,642
Feb 2018	0	926	61.78	2.77	$2,561
Jan 2018	0	1,226	62.87	4.01	$4,915
Dec 2017	0	653	57.27	2.92	$1,908
Nov 2017	0	291	55.42	3.12	$907
Oct 2017	0	451	49.29	2.98	$1,346
Sep 2017	0	452	47.52	3.09	$1,395
Aug 2017	0	448	45.37	3.00	$1,346
Jul 2017	0	679	43.87	3.09	$2,096
Jun 2017	0	640	42.49	3.09	$1,976
May 2017	0	903	45.37	3.26	$2,947
Apr 2017	0	772	47.93	3.21	$2,479
Mar 2017	0	778	46.77	2.98	$2,321
Feb 2017	0	653	50.45	2.95	$1,928
Jan 2017	0	983	49.41	3.42	$3,361
Dec 2016	0	1,052	48.76	3.72	$3,916
Nov 2016	0	1,478	42.49	2.64	$3,908
Oct 2016	0	1,574	46.19	3.09	$4,864
Sep 2016	0	1,120	41.55	3.10	$3,473
Aug 2016	0	1,188	41.44	2.92	$3,474
Jul 2016	0	1,225	41.62	2.92	$3,582
Jun 2016	0	1,247	45.35	2.69	$3,349
May 2016	0	1,185	42.52	1.99	$2,359
Apr 2016	0	1,166	36.56	1.99	$2,322
Mar 2016	0	1,519	33.01	1.79	$2,725
Feb 2016	0	1,140	26.47	2.06	$2,353
Jan 2016	0	1,168	27.35	2.36	$2,762
Dec 2015	0	1,008	32.36	2.00	$2,017
Nov 2015	0	1,041	38.79	2.17	$2,256
Oct 2015	0	1,077	43.55	2.43	$2,613
Sep 2015	0	1,030	42.99	2.76	$2,841
Aug 2015	0	1,182	40.16	2.87	$3,395
Jul 2015	0	1,101	48.15	2.95	$3,243
Jun 2015	0	1,131	56.15	2.88	$3,261
May 2015	0	1,012	55.21	2.96	$2,991
Apr 2015	0	984	49.82	2.71	$2,663
Mar 2015	0	1,060	42.89	2.93	$3,111
Feb 2015	0	1,075	44.66	2.98	$3,199
Jan 2015	0	910	43.43	3.10	$2,822
Dec 2014	0	1,004	54.69	3.59	$3,606
Nov 2014	0	1,015	70.46	4.25	$4,316
Oct 2014	0	1,011	78.30	3.90	$3,944
Sep 2014	0	968	86.16	4.05	$3,916
Aug 2014	0	1,065	89.39	4.04	$4,297
Jul 2014	0	1,092	96.56	4.18	$4,564
Jun 2014	0	1,028	98.16	4.74	$4,870
May 2014	0	1,165	94.73	4.73	$5,506
Apr 2014	0	1,336	95.94	4.81	$6,425
Mar 2014	0	1,163	95.89	5.06	$5,881
Feb 2014	0	1,134	97.40	6.19	$7,022
Jan 2014	0	1,223	90.40	4.86	$5,945
Dec 2013	0	1,197	91.82	4.35	$5,212
Nov 2013	0	1,206	88.85	3.74	$4,508
Oct 2013	0	1,225	97.42	3.78	$4,630
Sep 2013	0	1,193	104.11	3.72	$4,435
Aug 2013	0	1,235	104.25	3.52	$4,350
Jul 2013	0	1,244	102.52	3.72	$4,625
Jun 2013	0	1,261	94.40	3.93	$4,960
May 2013	0	1,314	94.83	4.15	$5,452
Apr 2013	0	1,292	93.96	4.28	$5,533
Mar 2013	0	1,378	93.62	3.91	$5,392
Feb 2013	0	1,247	91.23	3.42	$4,265
Jan 2013	0	1,356	91.60	3.42	$4,637
Dec 2012	0	1,393	86.77	3.42	$4,764
Nov 2012	0	1,335	86.95	3.62	$4,839
Oct 2012	0	1,355	89.38	3.40	$4,607
Sep 2012	0	1,324	94.67	2.92	$3,864
Aug 2012	0	1,391	92.66	2.91	$4,045
Jul 2012	0	1,385	85.13	3.02	$4,184
Jun 2012	0	1,417	79.82	2.52	$3,569
May 2012	0	1,449	91.61	2.49	$3,606
Apr 2012	0	1,349	101.65	2.00	$2,694
Mar 2012	0	1,461	105.05	2.22	$3,246
Feb 2012	0	1,391	101.10	2.57	$3,575
Jan 2012	0	1,637	98.09	2.73	$4,476
Dec 2011	0	1,401	96.87	3.24	$4,539
Nov 2011	0	1,374	95.72	3.31	$4,550
Oct 2011	0	1,420	84.98	3.65	$5,181
Sep 2011	0	1,369	83.62	3.99	$5,457
Aug 2011	0	1,361	83.40	4.15	$5,647
Jul 2011	0	1,343	94.14	4.52	$6,067
Jun 2011	0	1,118	92.90	4.64	$5,187
May 2011	0	1,207	98.13	4.40	$5,317
Apr 2011	0	1,207	105.96	4.33	$5,230
Mar 2011	0	1,279	96.36	4.06	$5,189
Feb 2011	0	1,113	85.64	4.18	$4,652
Jan 2011	0	1,191	86.50	4.59	$5,465
Dec 2010	0	1,095	85.73	4.35	$4,761
Nov 2010	0	1,031	80.84	3.80	$3,913
Oct 2010	0	1,196	78.10	3.51	$4,197
Sep 2010	0	1,409	72.63	3.98	$5,607
Aug 2010	0	1,399	73.68	4.42	$6,183
Jul 2010	0	1,547	72.55	4.74	$7,327
Jun 2010	0	1,728	70.36	4.91	$8,485
May 2010	0	2,017	71.12	4.24	$8,542
Apr 2010	0	1,938	81.69	4.12	$7,990
Mar 2010	0	1,451	78.39	4.39	$6,368
Feb 2010	0	2,826	73.58	5.44	$15,380
Jan 2010	0	3,581	74.36	5.96	$21,357
Dec 2009	0	1,034	71.44	5.48	$5,670
Nov 2009	0	1,822	74.59	3.75	$6,835
Oct 2009	0	540	72.54	4.11	$2,220
Sep 2009	0	911	65.54	3.06	$2,792
Aug 2009	0	1,848	67.42	3.22	$5,948
Jul 2009	0	758	61.13	3.46	$2,626
Jun 2009	0	898	66.16	3.90	$3,498
May 2009	0	1,231	54.74	3.93	$4,833
Apr 2009	0	4,899	46.77	3.59	$17,575
Mar 2009	0	7,181	42.14	4.06	$29,148
Feb 2009	0	6,260	32.81	4.63	$29,003
Jan 2009	0	3,977	35.86	5.37	$21,360
Dec 2008	0	4,969	37.10	5.98	$29,700
Nov 2008	0	7,079	55.49	6.86	$48,564
Oct 2008	0	6,188	75.24	6.92	$42,833
Sep 2008	0	6,778	101.76	7.88	$53,391
Aug 2008	0	7,384	114.22	8.48	$62,639
Jul 2008	0	8,348	131.08	11.39	$95,079
Jun 2008	0	10,217	131.33	13.03	$133,154
May 2008	0	10,292	123.17	11.57	$119,123
Apr 2008	0	9,422	110.31	10.45	$98,506
Mar 2008	0	2,636	101.90	9.66	$25,474
Feb 2008	0	8,332	92.53	8.77	$73,076
Jan 2008	0	2,074	90.38	8.21	$17,019
Dec 2007	0	2,888	88.33	7.30	$21,088
Nov 2007	0	2,899	91.67	7.29	$21,139
Oct 2007	0	3,292	82.85	6.92	$22,787
Sep 2007	0	3,017	75.84	6.24	$18,839
Aug 2007	0	3,159	69.06	6.39	$20,180
Jul 2007	0	2,807	70.90	6.39	$17,931
Jun 2007	0	3,006	62.00	7.55	$22,691
May 2007	0	3,505	58.74	7.85	$27,501
Apr 2007	0	3,026	59.61	7.81	$23,619
Mar 2007	0	3,590	56.92	7.30	$26,214
Feb 2007	0	2,879	55.10	8.22	$23,654
Jan 2007	0	3,342	50.30	6.73	$22,481
Dec 2006	0	3,455	56.65	6.92	$23,903
Nov 2006	0	3,393	54.20	7.62	$25,846
Oct 2006	0	3,479	54.90	6.01	$20,922
Sep 2006	0	3,990	60.08	5.04	$20,098
Aug 2006	0	3,914	68.71	7.34	$28,728
Jul 2006	0	5,284	69.37	6.34	$33,515
Jun 2006	0	5,155	66.28	6.38	$32,909
May 2006	0	5,073	66.01	6.42	$32,594
Apr 2006	0	4,278	64.39	7.36	$31,488
Mar 2006	0	4,379	56.70	7.08	$31,016
Feb 2006	0	4,239	57.59	7.75	$32,857
Jan 2006	0	5,773	60.59	8.93	$51,572
Dec 2005	0	5,183	54.94	13.42	$69,532
Nov 2005	0	5,271	54.69	10.59	$55,811
Oct 2005	0	6,883	58.34	13.80	$94,956
Sep 2005	0	286	61.45	12.08	$3,455
Aug 2005	0	5,128	61.51	9.80	$50,238
Jul 2005	0	5,141	55.69	7.84	$40,324
Jun 2005	0	5,253	52.33	7.38	$38,773
May 2005	0	5,744	45.22	6.65	$38,204
Apr 2005	0	5,591	49.20	7.36	$41,152
Mar 2005	0	5,997	50.37	7.15	$42,908
Feb 2005	0	5,426	45.22	6.31	$34,248
Jan 2005	0	6,424	43.16	6.32	$40,614
Dec 2004	0	6,692	39.86	6.75	$45,178
Nov 2004	0	6,278	45.28	6.33	$39,742
Oct 2004	0	6,347	49.70	6.52	$41,351
Sep 2004	0	631	43.24	5.28	$3,334
Aug 2004	0	727	42.37	5.55	$4,035
Jul 2004	0	864	38.28	6.08	$5,257
Jun 2004	0	10,830	36.10	6.43	$69,670
May 2004	2	69	37.48	6.49	$523
Apr 2004	0	1,062	34.47	5.86	$6,222
Mar 2004	0	852	34.36	5.53	$4,712
Feb 2004	0	1,103	32.45	5.51	$6,077
Jan 2004	0	909	32.03	6.30	$5,726
Dec 2003	0	6,795	30.26	6.30	$42,820
Nov 2003	0	363	28.80	4.60	$1,668
Oct 2003	0	362	28.17	4.76	$1,723
Sep 2003	0	1,904	26.31	4.75	$9,043
Aug 2003	0	1,379	29.76	5.13	$7,074
Jul 2003	0	1,566	29.41	5.17	$8,098
Jun 2003	0	1,724	28.56	5.98	$10,315
May 2003	0	1,542	26.59	5.97	$9,210
Apr 2003	0	1,730	26.67	5.41	$9,355
Mar 2003	0	1,830	31.14	6.10	$11,156
Feb 2003	0	1,655	33.48	7.93	$13,117
Jan 2003	0	2,629	30.31	5.58	$14,675
Dec 2002	0	1,942	26.91	4.85	$9,426
Nov 2002	0	2,025	24.66	4.14	$8,377
Oct 2002	0	2,102	26.46	4.23	$8,890
Sep 2002	0	1,752	27.44	3.64	$6,369
Aug 2002	0	1,939	25.96	3.16	$6,135
Jul 2002	0	2,026	24.58	3.06	$6,203
Jun 2002	0	1,775	23.73	3.34	$5,925
May 2002	0	1,920	24.66	3.58	$6,881
Apr 2002	0	1,230	23.65	3.51	$4,320
Mar 2002	0	1,884	22.00	3.10	$5,846
Feb 2002	0	1,480	18.22	2.38	$3,516
Jan 2002	0	2,105	17.17	2.38	$5,001
Dec 2001	0	2,330	16.93	2.36	$5,509
Nov 2001	0	1,107	18.07	2.41	$2,663
Oct 2001	1	1,003	19.78	2.53	$2,556
Sep 2001	4	2,918	24.26	2.25	$6,666
Aug 2001	4	2,751	24.87	3.05	$8,499
Jul 2001	3	1,803	23.93	3.20	$5,836
Jun 2001	0	1,874	24.56	3.82	$7,166
May 2001	0	2,678	25.52	4.31	$11,535
Apr 2001	8	3,066	24.68	5.34	$16,556
Mar 2001	0	2,604	24.54	5.38	$14,000
Feb 2001	0	2,662	27.75	5.77	$15,352
Jan 2001	10	2,516	27.47	8.40	$21,406
Dec 2000	20	2,771	26.88	9.12	$25,816
Nov 2000	13	3,026	32.21	5.66	$17,540
Oct 2000	3	2,684	31.23	5.15	$13,904
Sep 2000	0	1,998	31.87	5.19	$10,363
Aug 2000	0	67	29.64	4.54	$304
Jul 2000	27	558	28.53	4.09	$3,052
Jun 2000	0	27	29.30	4.40	$119
May 2000	0	187	27.26	3.68	$688
Apr 2000	0	530	24.51	3.12	$1,651
Mar 2000	0	500	28.42	2.86	$1,430
Feb 2000	0	392	27.62	2.73	$1,069
Jan 2000	0	588	25.27	2.48	$1,459
Dec 1999	0	699	24.28	2.42	$1,694
Nov 1999	0	709	23.19	2.43	$1,726
Oct 1999	0	887	20.98	2.80	$2,487
Sep 1999	0	1,044	21.75	2.62	$2,734
Aug 1999	0	1,052	19.26	2.88	$3,025
Jul 1999	0	1,592	17.89	2.37	$3,777
Jun 1999	0	2,130	15.94	2.36	$5,031
May 1999	0	1,692	15.79	2.32	$3,927
Apr 1999	0	1,704	15.10	2.21	$3,763
Mar 1999	0	2,035	12.47	1.84	$3,741
Feb 1999	0	1,784	9.98	1.82	$3,243
Jan 1999	0	2,536	10.38	1.90	$4,818
Dec 1998	0	2,854	9.20	1.77	$5,061
Nov 1998	0	4,271	10.89	2.19	$9,335
Oct 1998	0	6,316	12.42	1.97	$12,438
Sep 1998	0	6,943	12.59	2.08	$14,460
Aug 1998	0	7,701	11.30	1.91	$14,689
Jul 1998	0	3,114	11.74	2.24	$6,967

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.

Jul 2018 — as filed, then multipliedworked

Condensate             0 bbl  × $ 65.14 =         $0
Gas                  270 Mcf  × $  2.93 =       $792

────────────────────────────────────────────────────
Month total                                     $792

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/169665 is the state's own key, not one this site invented.