MARCHANT C UNIT

Operated by EOG RESOURCES, INC. (P-5 253162) 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 273953District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Jan 2011 – May 2026
Value, last 12 filed months
$121 k
at the published price for each month
Months reported
185
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 Gas112014-11-17208220
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
CondensateDisposition13,393 bbl$1,045,935
GasProduction533,277 Mcf$1,820,754
Total$2,866,689

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 33.4760, -97.5124. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.47597, -97.51240 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,963 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 7,963 ft.

Completions filed
Jan 2011
1 of 1 wells

1 well

42-337344773H7,963 ftJan 2011

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 (185)

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

185 months

May 20260731106.413.05$2,227
Apr 202612,65298.932.87$7,709
Mar 202613,06789.753.15$9,749
Feb 202602,49763.503.75$9,365
Jan 202601,80259.138.00$14,412
Dec 202502,58856.664.41$11,422
Nov 202502,75858.593.93$10,829
Oct 202513,03459.383.30$10,086
Sep 202512,78162.743.08$8,620
Aug 202522,63163.933.01$8,060
Jul 20251692,63566.743.32$20,015
Jun 202512,84166.483.13$8,955
May 202522,82560.553.23$9,252
Apr 202513,31262.363.54$11,797
Mar 202511,75667.704.27$7,563
Feb 202512,54670.884.34$11,123
Jan 202512,51974.324.28$10,852
Dec 202412,33868.993.12$7,367
Nov 202412,09569.052.20$4,675
Oct 202412,54371.372.28$5,873
Sep 20242891,52369.612.36$23,718
Aug 202412,48375.632.06$5,200
Jul 202412,97179.932.15$6,457
Jun 202412,54878.082.63$6,789
May 202412,53978.812.20$5,661
Apr 202403,20184.451.66$5,311
Mar 202401,32580.301.55$2,047
Feb 202423,34476.091.78$6,117
Jan 202422,52173.023.30$8,459
Dec 202313,56171.262.61$9,368
Nov 202302,77277.892.81$7,783
Oct 202302,77585.443.09$8,567
Sep 202312,71389.042.74$7,509
Aug 202322,73880.522.67$7,479
Jul 202302,76374.852.64$7,299
Jun 202313,68268.962.26$8,385
May 20231075,44570.622.23$19,685
Apr 2023060478.122.24$1,352
Mar 2023027772.852.39$663
Feb 2023022575.112.47$555
Jan 20231743,05876.533.39$23,676
Dec 202212,35276.415.73$13,551
Nov 202213,39485.005.65$19,248
Oct 202213,60687.185.86$21,232
Sep 202203,38584.888.16$27,634
Aug 202243,19594.529.13$29,539
Jul 202203,325101.587.54$25,077
Jun 202211,792115.097.98$14,410
May 202223,736109.378.43$31,725
Apr 202213,037104.226.84$20,870
Mar 202223,312108.885.08$17,031
Feb 202202,88491.054.86$14,013
Jan 202233,42581.844.54$15,787
Dec 202103,72871.323.90$14,536
Nov 20211793,96877.435.24$34,640
Oct 202104,31179.795.71$24,632
Sep 202111,86869.865.35$10,065
Aug 202101,04766.024.22$4,419
Jul 202102,98870.783.98$11,898
Jun 2021455069.493.38$2,137
May 202112,61263.483.02$7,946
Apr 20211773,42060.362.76$20,118
Mar 202113,74561.302.72$10,236
Feb 202106,23657.805.55$34,597
Jan 202102,17650.412.81$6,115
Dec 202014823144.642.68$7,225
Nov 202001,81738.772.71$4,918
Oct 2020087336.972.48$2,164
Sep 202001,33837.091.99$2,664
Aug 2020045739.982.39$1,090
Jul 2020044338.371.83$809
Jun 202013,67734.901.69$6,250
May 202002,31316.921.81$4,198
Apr 202014214.751.80$91
Mar 20201712,74830.341.86$10,289
Feb 202012,80049.881.98$5,596
Jan 202013,24457.252.09$6,853
Dec 20191703,62959.012.30$18,394
Nov 201903,40355.302.75$9,361
Oct 2019085853.472.42$2,075
Sep 2019019555.052.66$518
Aug 201911,15953.112.30$2,724
Jul 201901,23656.272.46$3,041
Jun 2019060052.782.49$1,495
May 201912,16358.482.74$5,986
Apr 2019082962.632.75$2,280
Mar 2019054256.803.06$1,660
Feb 20191843,11250.852.79$18,046
Jan 201912,29646.033.23$7,458
Dec 201813,62646.594.19$15,223
Nov 201813,56652.934.24$15,163
Oct 20181873,20461.443.40$22,377
Sep 201803,51959.543.11$10,937
Aug 201814,30259.403.07$13,252
Jul 2018172065.142.93$2,176
Jun 201801,33960.183.08$4,120
May 201812,32365.382.90$6,804
Apr 20181593,54963.842.90$20,446
Mar 201823,47561.222.79$9,807
Feb 201803,29861.782.77$9,123
Jan 201813,72862.874.01$15,010
Dec 20171793,57857.272.92$20,705
Nov 201713,65355.423.12$11,447
Oct 201703,80449.292.98$11,350
Sep 201713,47147.523.09$10,763
Aug 20171694,12045.373.00$20,046
Jul 201714,06443.873.09$12,591
Jun 201723,81242.493.09$11,854
May 2017643,40545.373.26$14,016
Apr 20171763,89247.933.21$20,935
Mar 201734,08646.772.98$12,332
Feb 201713,73750.452.95$11,084
Jan 20171323,82549.413.42$19,599
Dec 201613,60848.763.72$13,481
Nov 20161733,65842.492.64$17,024
Oct 201603,77146.193.09$11,653
Sep 2016513,29841.553.10$12,345
Aug 201613,39741.442.92$9,975
Jul 20161763,14441.622.92$16,519
Jun 201612,45045.352.69$6,626
May 2016912,06342.521.99$7,977
Apr 2016278036.561.99$1,626
Mar 20161742,59933.011.79$10,406
Feb 201641,95826.472.06$4,146
Jan 201602,57827.352.36$6,095
Dec 20151432,63432.362.00$9,899
Nov 201522,55138.792.17$5,606
Oct 20151762,56943.552.43$13,899
Sep 201542,53342.992.76$7,159
Aug 20151762,59340.162.87$14,517
Jul 201542,64948.152.95$7,994
Jun 20151672,58056.152.88$16,815
May 201502,66355.212.96$7,870
Apr 20151782,65349.822.71$16,048
Mar 20151811,80442.892.93$13,057
Feb 201511,22944.662.98$3,702
Jan 201501,49043.433.10$4,620
Dec 20141792,70154.693.59$19,490
Nov 20141722,35470.464.25$22,128
Oct 20141811,14478.303.90$18,635
Sep 2014279586.164.05$3,388
Aug 2014122189.394.04$981
Jul 201413096.564.18$222
Jun 201478898.164.74$7,694
May 201414594.734.73$307
Apr 20141195.944.81$101
Mar 20140095.895.06$0
Feb 201406297.406.19$384
Jan 20140090.404.86$0
Dec 201313291.824.35$231
Nov 2013029088.853.74$1,084
Oct 2013165897.423.78$2,584
Sep 20133657104.113.72$2,755
Aug 20131791,408104.253.52$23,621
Jul 20131550102.523.72$2,147
Jun 20131783,97894.403.93$32,450
May 201303,01494.834.15$12,505
Apr 20131813,13093.964.28$30,411
Mar 20131793,58993.623.91$30,801
Feb 201305,00491.233.42$17,113
Jan 20131815,31691.603.42$34,760
Dec 20121726,93786.773.42$38,650
Nov 20121816,28286.953.62$38,510
Oct 20121795,79789.383.40$35,707
Sep 20121766,08894.672.92$34,429
Aug 20121766,78092.662.91$36,025
Jul 20121666,98485.133.02$35,229
Jun 20122346,39779.822.52$34,792
May 201207,46191.612.49$18,565
Apr 20122808,859101.652.00$46,152
Mar 201226110,956105.052.22$51,763
Feb 20123564,790101.102.57$48,303
Jan 20121754,85898.092.73$30,448
Dec 20113615,38196.873.24$52,403
Nov 20113554,61795.723.31$49,269
Oct 20113544,96784.983.65$48,205
Sep 20111783,49683.623.99$28,819
Aug 20113513,82783.404.15$45,153
Jul 20113984,90594.144.52$59,625
Jun 20118524,84892.904.64$101,645
May 20111744,96898.134.40$38,958
Apr 20111735,912105.964.33$43,949
Mar 20118598,32596.364.06$116,551
Feb 20118464,26385.644.18$90,271
Jan 2011012886.504.59$587

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  731 Mcf  × $  3.05 =     $2,227

────────────────────────────────────────────────────
Month total                                   $2,227

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/273953 is the state's own key, not one this site invented.