PHILLIPS-MERRITT UNIT

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 188066District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Sep 2001 – Feb 2011
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
114
no gaps in the span
Streams
2
condensate, 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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112004-10-19158958
NGPA1none

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
CondensateDisposition4 bbl$79
GasProduction495,538 Mcf$2,523,182
Total$2,523,261

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 33.1688, -97.3768. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.16882, -97.37683 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,045 ft
1 wells filed one
Completion to plug
9.4 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 8,045 ft.

Completions filed
Sep 2001
1 of 1 wells
Plug dates filed
Feb 2011
1 of 1 wells

Last completion to plug: a median of 9.4 years across the 1 well that filed both dates, with the middle half between 9.4 years and 9.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1213112328,045 ftSep 2001Feb 2011Yes

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 (114)

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

114 months

Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201007872.633.98$310
Aug 2010015273.684.42$672
Jul 2010024272.554.74$1,146
Jun 2010030470.364.91$1,493
May 2010061571.124.24$2,605
Apr 2010062181.694.12$2,560
Mar 201001,49678.394.39$6,565
Feb 201001,51173.585.44$8,223
Jan 201001,97674.365.96$11,785
Dec 200902,04471.445.48$11,209
Nov 200902,13074.593.75$7,991
Oct 200902,92172.544.11$12,006
Sep 200903,54165.543.06$10,852
Aug 200901,28067.423.22$4,120
Jul 200902,66861.133.46$9,243
Jun 200902,20566.163.90$8,588
May 200902,34954.743.93$9,222
Apr 200902,41346.773.59$8,657
Mar 200902,49142.144.06$10,111
Feb 200902,42432.814.63$11,230
Jan 200902,33235.865.37$12,525
Dec 200801,12237.105.98$6,706
Nov 2008075255.496.86$5,159
Oct 2008057875.246.92$4,001
Sep 20080572101.767.88$4,506
Aug 20080460114.228.48$3,902
Jul 20080293131.0811.39$3,337
Jun 20080706131.3313.03$9,201
May 20080667123.1711.57$7,720
Apr 20080619110.3110.45$6,472
Mar 200801,434101.909.66$13,858
Feb 2008063792.538.77$5,587
Jan 200801,40890.388.21$11,554
Dec 200701,12888.337.30$8,237
Nov 200701,11391.677.29$8,116
Oct 200701,41182.856.92$9,767
Sep 200702,58475.846.24$16,135
Aug 200702,19469.066.39$14,015
Jul 200702,08570.906.39$13,319
Jun 200701,96562.007.55$14,833
May 200703,37758.747.85$26,497
Apr 200703,18359.617.81$24,844
Mar 200703,31256.927.30$24,184
Feb 200703,33755.108.22$27,417
Jan 200703,32150.306.73$22,340
Dec 200603,07456.656.92$21,267
Nov 200603,15854.207.62$24,056
Oct 200603,21454.906.01$19,328
Sep 200603,18860.085.04$16,059
Aug 200603,07068.717.34$22,534
Jul 200602,98369.376.34$18,920
Jun 200603,12666.286.38$19,956
May 200602,69766.016.42$17,328
Apr 200602,43064.397.36$17,886
Mar 200602,52356.707.08$17,870
Feb 200602,72857.597.75$21,145
Jan 200603,42560.598.93$30,597
Dec 200503,39054.9413.42$45,478
Nov 200503,85354.6910.59$40,797
Oct 200503,48958.3413.80$48,133
Sep 200503,25361.4512.08$39,293
Aug 200504,16461.519.80$40,794
Jul 200504,01455.697.84$31,484
Jun 200504,21152.337.38$31,082
May 200504,23345.226.65$28,154
Apr 200504,45249.207.36$32,769
Mar 200504,89050.377.15$34,987
Feb 200504,80245.226.31$30,310
Jan 200508,33143.166.32$52,670
Dec 200405,45639.866.75$36,834
Nov 200402,70845.286.33$17,143
Oct 200402,89549.706.52$18,861
Sep 200403,21043.245.28$16,961
Aug 200403,41042.375.55$18,928
Jul 200403,19238.286.08$19,421
Jun 200402,37336.106.43$15,266
May 200402,80637.486.49$18,224
Apr 200403,62334.475.86$21,225
Mar 200404,62234.365.53$25,560
Feb 200403,79932.455.51$20,931
Jan 200403,64832.036.30$22,981
Dec 200306,74330.266.30$42,492
Nov 200306,66528.804.60$30,627
Oct 200307,27828.174.76$34,641
Sep 200307,21026.314.75$34,243
Aug 200307,54229.765.13$38,688
Jul 200307,60729.415.17$39,335
Jun 200307,82028.565.98$46,787
May 200308,08626.595.97$48,295
Apr 200307,74626.675.41$41,885
Mar 200308,32431.146.10$50,743
Feb 200307,44733.487.93$59,024
Jan 200308,81130.315.58$49,183
Dec 200209,06226.914.85$43,985
Nov 200208,85324.664.14$36,625
Oct 2002010,07326.464.23$42,600
Sep 200208,56427.443.64$31,132
Aug 200209,82925.963.16$31,101
Jul 2002010,55724.583.06$32,323
Jun 2002011,18823.733.34$37,348
May 2002012,01524.663.58$43,062
Apr 2002013,01623.653.51$45,716
Mar 2002013,69922.003.10$42,504
Feb 2002013,25018.222.38$31,478
Jan 2002015,31517.172.38$36,384
Dec 2001016,97916.932.36$40,145
Nov 2001016,39318.072.41$39,434
Oct 2001420,23619.782.53$51,254
Sep 2001010,73924.262.25$24,177

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                   78 Mcf  × $  3.98 =       $310

────────────────────────────────────────────────────
Month total                                     $310

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/188066 is the state's own key, not one this site invented.