MERRITT, MARCIA

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 238824District 09Field 652802002 tax incentive programmesGasSaveExport
Value, all time
$13.5 M
Dec 2007 – Jun 2017
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
115
no gaps in the span
Streams
1
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 Gas112008-11-21186232
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
GasProduction2,470,244 Mcf$13,490,009
Total$13,490,009

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 33.1652, -97.3898. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.16523, -97.38984 · 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
7,803 ft
1 wells filed one
Completion to plug
9.5 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 7,803 ft.

Completions filed
Dec 2007
1 of 1 wells
Plug dates filed
Jun 2017
1 of 1 wells

Last completion to plug: a median of 9.5 years across the 1 well that filed both dates, with the middle half between 9.5 years and 9.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1213314515H7,803 ftDec 2007Jun 2017Yes

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 (115)

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

115 months

Jun 2017042.493.09$0
May 201731245.373.26$1,018
Apr 201754547.933.21$1,750
Mar 201771946.772.98$2,145
Feb 20171,06350.452.95$3,139
Jan 20171,46649.413.42$5,012
Dec 20161,61548.763.72$6,012
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 20161,39741.442.92$4,085
Jul 20162,19641.622.92$6,422
Jun 20162,42245.352.69$6,505
May 20163,28842.521.99$6,547
Apr 20164,61736.561.99$9,193
Mar 20165,16833.011.79$9,271
Feb 20166,21226.472.06$12,819
Jan 201610,60427.352.36$25,072
Dec 201510,61532.362.00$21,245
Nov 20154,48038.792.17$9,710
Oct 20158,33743.552.43$20,230
Sep 201517,43042.992.76$48,079
Aug 201517,56440.162.87$50,452
Jul 201513,72048.152.95$40,407
Jun 201510,65256.152.88$30,708
May 201514,01055.212.96$41,406
Apr 201519,41749.822.71$52,553
Mar 201518,46542.892.93$54,189
Feb 201517,75444.662.98$52,839
Jan 201521,06943.433.10$65,327
Dec 201423,11454.693.59$83,011
Nov 201422,12570.464.25$94,072
Oct 201421,77878.303.90$84,955
Sep 201421,55186.164.05$87,183
Aug 201421,53489.394.04$86,892
Jul 201422,25396.564.18$93,009
Jun 201421,04998.164.74$99,707
May 201422,71894.734.73$107,378
Apr 201422,73895.944.81$109,350
Mar 201422,75395.895.06$115,057
Feb 201418,71097.406.19$115,852
Jan 201413,78190.404.86$66,986
Dec 201316,32191.824.35$71,069
Nov 201323,90388.853.74$89,356
Oct 201321,63597.423.78$81,766
Sep 201322,105104.113.72$82,181
Aug 201325,096104.253.52$88,403
Jul 201325,379102.523.72$94,353
Jun 201324,80594.403.93$97,568
May 201322,61194.834.15$93,815
Apr 201324,50893.964.28$104,958
Mar 201324,38293.623.91$95,404
Feb 201321,41991.233.42$73,251
Jan 201324,18291.603.42$82,700
Dec 201225,74386.773.42$88,045
Nov 201224,83886.953.62$90,037
Oct 20124,69989.383.40$15,975
Sep 201231594.672.92$919
Aug 201235092.662.91$1,018
Jul 201224985.133.02$752
Jun 201227979.822.52$703
May 201240691.612.49$1,010
Apr 2012326101.652.00$651
Mar 201251105.052.22$113
Feb 2012252101.102.57$648
Jan 201282698.092.73$2,258
Dec 201110,87496.873.24$35,229
Nov 201120,31095.723.31$67,252
Oct 201120,99684.983.65$76,605
Sep 201119,02283.623.99$75,818
Aug 201123,49083.404.15$97,468
Jul 201111,64394.144.52$52,594
Jun 20112,22992.904.64$10,342
May 201121,84998.134.40$96,241
Apr 201128,469105.964.33$123,364
Mar 201125,64696.364.06$104,055
Feb 20114,01785.644.18$16,791
Jan 201121,52686.504.59$98,778
Dec 201032,64785.734.35$141,941
Nov 201023,77280.843.80$90,223
Oct 201025,71478.103.51$90,228
Sep 201030,04072.633.98$119,543
Aug 201031,36973.684.42$138,631
Jul 201031,97672.554.74$151,454
Jun 201029,76470.364.91$146,153
May 201027,36071.124.24$115,876
Apr 201019,83081.694.12$81,753
Mar 20104,94178.394.39$21,684
Feb 201013,83373.585.44$75,284
Jan 201033,43874.365.96$199,427
Dec 200935,65871.445.48$195,540
Nov 200936,32474.593.75$136,269
Oct 200938,67872.544.11$158,976
Sep 200936,47265.543.06$111,778
Aug 200924,39367.423.22$78,509
Jul 200937,77761.133.46$130,878
Jun 200937,25266.163.90$145,097
May 200937,71254.743.93$148,048
Apr 200940,48546.773.59$145,240
Mar 200940,55242.144.06$164,601
Feb 200939,03832.814.63$180,863
Jan 200934,38535.865.37$184,682
Dec 200830,33137.105.98$181,293
Nov 200834,33455.496.86$235,544
Oct 200837,61275.246.92$260,350
Sep 200839,194101.767.88$308,735
Aug 200842,075114.228.48$356,923
Jul 200850,320131.0811.39$573,116
Jun 200841,599131.3313.03$542,144
May 200855,831123.1711.57$646,204
Apr 200870,478110.3110.45$736,838
Mar 200879,111101.909.66$764,534
Feb 200876,73992.538.77$673,046
Jan 200893,08990.388.21$763,863
Dec 200762,12988.337.30$453,664

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.

May 2017 — as filed, then multipliedworked
Gas                  312 Mcf  × $  3.26 =     $1,018

────────────────────────────────────────────────────
Month total                                   $1,018

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/238824 is the state's own key, not one this site invented.