MERRELL GAS UNIT

Name: MERRELL GAS UNIT lease production and value, May 2002 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 190944District 09Field 652802002 tax incentive programmesGasSave Export

Value, all time

$1.5 M

May 2002 – Oct 2014

Value, last 12 filed months

$173

at the published price for each month

Months reported

150

no gaps in the span

Streams

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	2010-06-30	198414
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
Gas	Production	242,422 Mcf	$1,476,320
Total			$1,476,320

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 33.1001, -97.2605. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.10005, -97.26053 · 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

8,221 ft

1 wells filed one

Completion to plug

12.4 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 8,221 ft.

Completions filed

May 2002

1 of 1 wells

Plug dates filed

Oct 2014

1 of 1 wells

Last completion to plug: a median of 12.4 years across the 1 well that filed both dates, with the middle half between 12.4 years and 12.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-12131489	6	8,221 ft	May 2002	Oct 2014	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 (150)

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

150 months


Oct 2014	0	78.30	3.90	$0
Sep 2014	0	86.16	4.05	$0
Aug 2014	0	89.39	4.04	$0
Jul 2014	0	96.56	4.18	$0
Jun 2014	0	98.16	4.74	$0
May 2014	0	94.73	4.73	$0
Apr 2014	0	95.94	4.81	$0
Mar 2014	0	95.89	5.06	$0
Feb 2014	2	97.40	6.19	$12
Jan 2014	10	90.40	4.86	$49
Dec 2013	12	91.82	4.35	$52
Nov 2013	16	88.85	3.74	$60
Oct 2013	12	97.42	3.78	$45
Sep 2013	15	104.11	3.72	$56
Aug 2013	12	104.25	3.52	$42
Jul 2013	12	102.52	3.72	$45
Jun 2013	14	94.40	3.93	$55
May 2013	11	94.83	4.15	$46
Apr 2013	9	93.96	4.28	$39
Mar 2013	11	93.62	3.91	$43
Feb 2013	7	91.23	3.42	$24
Jan 2013	10	91.60	3.42	$34
Dec 2012	4	86.77	3.42	$14
Nov 2012	17	86.95	3.62	$62
Oct 2012	14	89.38	3.40	$48
Sep 2012	27	94.67	2.92	$79
Aug 2012	14	92.66	2.91	$41
Jul 2012	17	85.13	3.02	$51
Jun 2012	18	79.82	2.52	$45
May 2012	22	91.61	2.49	$55
Apr 2012	19	101.65	2.00	$38
Mar 2012	16	105.05	2.22	$36
Feb 2012	18	101.10	2.57	$46
Jan 2012	15	98.09	2.73	$41
Dec 2011	11	96.87	3.24	$36
Nov 2011	17	95.72	3.31	$56
Oct 2011	15	84.98	3.65	$55
Sep 2011	15	83.62	3.99	$60
Aug 2011	21	83.40	4.15	$87
Jul 2011	28	94.14	4.52	$126
Jun 2011	116	92.90	4.64	$538
May 2011	6	98.13	4.40	$26
Apr 2011	6	105.96	4.33	$26
Mar 2011	210	96.36	4.06	$852
Feb 2011	445	85.64	4.18	$1,860
Jan 2011	452	86.50	4.59	$2,074
Dec 2010	450	85.73	4.35	$1,956
Nov 2010	437	80.84	3.80	$1,659
Oct 2010	446	78.10	3.51	$1,565
Sep 2010	77	72.63	3.98	$306
Aug 2010	6	73.68	4.42	$27
Jul 2010	3	72.55	4.74	$14
Jun 2010	5	70.36	4.91	$25
May 2010	3	71.12	4.24	$13
Apr 2010	195	81.69	4.12	$804
Mar 2010	5	78.39	4.39	$22
Feb 2010	23	73.58	5.44	$125
Jan 2010	243	74.36	5.96	$1,449
Dec 2009	80	71.44	5.48	$439
Nov 2009	164	74.59	3.75	$615
Oct 2009	152	72.54	4.11	$625
Sep 2009	234	65.54	3.06	$717
Aug 2009	336	67.42	3.22	$1,081
Jul 2009	474	61.13	3.46	$1,642
Jun 2009	707	66.16	3.90	$2,754
May 2009	869	54.74	3.93	$3,411
Apr 2009	1,181	46.77	3.59	$4,237
Mar 2009	1,249	42.14	4.06	$5,070
Feb 2009	137	32.81	4.63	$635
Jan 2009	64	35.86	5.37	$344
Dec 2008	78	37.10	5.98	$466
Nov 2008	37	55.49	6.86	$254
Oct 2008	1,407	75.24	6.92	$9,739
Sep 2008	2,283	101.76	7.88	$17,983
Aug 2008	2,565	114.22	8.48	$21,759
Jul 2008	2,310	131.08	11.39	$26,310
Jun 2008	2,245	131.33	13.03	$29,258
May 2008	2,471	123.17	11.57	$28,600
Apr 2008	2,614	110.31	10.45	$27,329
Mar 2008	3,339	101.90	9.66	$32,268
Feb 2008	4,005	92.53	8.77	$35,126
Jan 2008	2,317	90.38	8.21	$19,013
Dec 2007	1,664	88.33	7.30	$12,150
Nov 2007	6,916	91.67	7.29	$50,429
Oct 2007	9,599	82.85	6.92	$66,444
Sep 2007	25	75.84	6.24	$156
Aug 2007	19	69.06	6.39	$121
Jul 2007	78	70.90	6.39	$498
Jun 2007	658	62.00	7.55	$4,967
May 2007	1,196	58.74	7.85	$9,384
Apr 2007	1,544	59.61	7.81	$12,051
Mar 2007	1,505	56.92	7.30	$10,989
Feb 2007	1,281	55.10	8.22	$10,525
Jan 2007	1,702	50.30	6.73	$11,449
Dec 2006	1,509	56.65	6.92	$10,440
Nov 2006	1,526	54.20	7.62	$11,624
Oct 2006	1,593	54.90	6.01	$9,580
Sep 2006	819	60.08	5.04	$4,125
Aug 2006	1,210	68.71	7.34	$8,881
Jul 2006	1,761	69.37	6.34	$11,170
Jun 2006	1,740	66.28	6.38	$11,108
May 2006	1,942	66.01	6.42	$12,477
Apr 2006	2,097	64.39	7.36	$15,435
Mar 2006	2,802	56.70	7.08	$19,846
Feb 2006	2,521	57.59	7.75	$19,541
Jan 2006	444	60.59	8.93	$3,966
Dec 2005	757	54.94	13.42	$10,155
Nov 2005	260	54.69	10.59	$2,753
Oct 2005	1,874	58.34	13.80	$25,853
Sep 2005	665	61.45	12.08	$8,033
Aug 2005	2,210	61.51	9.80	$21,651
Jul 2005	2,324	55.69	7.84	$18,229
Jun 2005	2,096	52.33	7.38	$15,471
May 2005	2,196	45.22	6.65	$14,606
Apr 2005	2,124	49.20	7.36	$15,634
Mar 2005	2,270	50.37	7.15	$16,242
Feb 2005	2,084	45.22	6.31	$13,154
Jan 2005	2,401	43.16	6.32	$15,180
Dec 2004	2,480	39.86	6.75	$16,743
Nov 2004	2,411	45.28	6.33	$15,263
Oct 2004	2,572	49.70	6.52	$16,757
Sep 2004	2,516	43.24	5.28	$13,294
Aug 2004	2,672	42.37	5.55	$14,831
Jul 2004	2,787	38.28	6.08	$16,957
Jun 2004	2,792	36.10	6.43	$17,961
May 2004	3,050	37.48	6.49	$19,808
Apr 2004	3,182	34.47	5.86	$18,642
Mar 2004	3,141	34.36	5.53	$17,370
Feb 2004	3,078	32.45	5.51	$16,959
Jan 2004	5,870	32.03	6.30	$36,979
Dec 2003	3,491	30.26	6.30	$21,999
Nov 2003	3,546	28.80	4.60	$16,294
Oct 2003	3,592	28.17	4.76	$17,097
Sep 2003	3,546	26.31	4.75	$16,841
Aug 2003	3,429	29.76	5.13	$17,590
Jul 2003	3,905	29.41	5.17	$20,192
Jun 2003	3,788	28.56	5.98	$22,663
May 2003	3,691	26.59	5.97	$22,045
Apr 2003	3,824	26.67	5.41	$20,677
Mar 2003	4,089	31.14	6.10	$24,927
Feb 2003	3,729	33.48	7.93	$29,556
Jan 2003	4,319	30.31	5.58	$24,109
Dec 2002	5,322	26.91	4.85	$25,832
Nov 2002	3,192	24.66	4.14	$13,205
Oct 2002	6,632	26.46	4.23	$28,048
Sep 2002	6,341	27.44	3.64	$23,051
Aug 2002	8,255	25.96	3.16	$26,120
Jul 2002	9,475	24.58	3.06	$29,010
Jun 2002	11,760	23.73	3.34	$39,258
May 2002	7,626	24.66	3.58	$27,332

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.

Feb 2014 — as filed, then multipliedworked

Gas                    2 Mcf  × $  6.19 =        $12

────────────────────────────────────────────────────
Month total                                      $12

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/190944 is the state's own key, not one this site invented.