MERLE T. WAGGONER (AW)

Operated by BKV BARNETT, LLC (P-5 72504) 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 275046District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.3 M
Oct 2013 – May 2026
Value, last 12 filed months
$174 k
at the published price for each month
Months reported
152
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 Gas112015-01-23215075
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
CondensateDisposition7,935 bbl$497,989
GasProduction834,354 Mcf$2,812,192
Total$3,310,181

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 33.3105, -97.5468. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.31055, -97.54675 · 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
7,876 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 7,876 ft.

Completions filed
Jun 2021
1 of 1 wells

1 well

42-497377031H7,876 ftJun 2021

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 (152)

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

152 months

May 202603,865106.413.05$11,772
Apr 202602,55498.932.87$7,329
Mar 202602,60189.753.15$8,192
Feb 2026692,63963.503.75$14,279
Jan 202602,97859.138.00$23,818
Dec 2025864,18556.664.41$23,343
Nov 202503,89558.593.93$15,293
Oct 202504,06059.383.30$13,418
Sep 202504,13662.743.08$12,726
Aug 202504,54763.933.01$13,708
Jul 2025793,74366.743.32$17,681
Jun 202503,88466.483.13$12,152
May 202503,78360.553.23$12,228
Apr 202504,48362.363.54$15,884
Mar 202504,85267.704.27$20,710
Feb 202502,41070.884.34$10,461
Jan 20252381,08574.324.28$22,331
Dec 202402,67868.993.12$8,359
Nov 202401,48469.052.20$3,262
Oct 202403,94971.372.28$9,009
Sep 202404,04369.612.36$9,559
Aug 202403,32575.632.06$6,862
Jul 202404,25779.932.15$9,138
Jun 202403,20978.082.63$8,452
May 202403,50978.812.20$7,714
Apr 202403,27984.451.66$5,441
Mar 202403,76180.301.55$5,811
Feb 202401,94976.091.78$3,476
Jan 2024095673.023.30$3,153
Dec 20233065,68871.262.61$36,655
Nov 202305,52177.892.81$15,501
Oct 202304,71785.443.09$14,563
Sep 202304,83489.042.74$13,221
Aug 202301,52980.522.67$4,087
Jul 202302,31374.852.64$6,110
Jun 202301,99168.962.26$4,497
May 202302,57970.622.23$5,744
Apr 2023085678.122.24$1,916
Mar 202302,86772.852.39$6,861
Feb 202301,08775.112.47$2,680
Jan 202304,31176.533.39$14,604
Dec 202218092376.415.73$19,042
Nov 202204,62385.005.65$26,102
Oct 202203,47987.185.86$20,400
Sep 202205,11884.888.16$41,782
Aug 20221805,72994.529.13$69,303
Jul 202204,581101.587.54$34,550
Jun 202205,383115.097.98$42,941
May 202206,505109.378.43$54,857
Apr 202206,057104.226.84$41,415
Mar 202206,764108.885.08$34,337
Feb 2022694,40391.054.86$27,676
Jan 202204,74681.844.54$21,536
Dec 202106,81871.323.90$26,584
Nov 202104,66777.435.24$24,440
Oct 20211683,38379.795.71$32,735
Sep 20211795,09169.865.35$39,746
Aug 202106,01866.024.22$25,400
Jul 202104,59670.783.98$18,302
Jun 202102,11769.493.38$7,157
May 202104,72163.483.02$14,246
Apr 2021084360.362.76$2,325
Mar 202101,63761.302.72$4,448
Feb 20211841,35557.805.55$18,153
Jan 202106,11650.412.81$17,188
Dec 202018693344.642.68$10,799
Nov 202004,49938.772.71$12,177
Oct 202004,56936.972.48$11,324
Sep 202002,12137.091.99$4,223
Aug 20201895139.982.39$7,678
Jul 202003,26338.371.83$5,955
Jun 202003,61634.901.69$6,112
May 202004,62116.921.81$8,386
Apr 20201894,13214.751.80$10,243
Mar 202003,80230.341.86$7,057
Feb 202003,23749.881.98$6,411
Jan 20201845,23257.252.09$21,494
Dec 201906,23759.012.30$14,372
Nov 201903,80155.302.75$10,455
Oct 20191894,79053.472.42$21,691
Sep 201904,14755.052.66$11,020
Aug 201903,91853.112.30$9,028
Jul 20191843,93556.272.46$20,034
Jun 201904,48752.782.49$11,178
May 201904,45158.482.74$12,197
Apr 201904,35962.632.75$11,990
Mar 20191725,39956.803.06$26,302
Feb 20191593,42850.852.79$17,657
Jan 20191627,22046.033.23$30,764
Dec 201809,03946.594.19$37,832
Nov 20181826,67852.934.24$37,930
Oct 201807,23561.443.40$24,585
Sep 201805,13159.543.11$15,947
Aug 201807,30759.403.07$22,407
Jul 201805,35465.142.93$15,697
Jun 201804,21060.183.08$12,954
May 20181809,46365.382.90$39,219
Apr 201806,92663.842.90$20,091
Mar 20181808,94961.222.79$35,959
Feb 201808,80761.782.77$24,361
Jan 20181839,31462.874.01$48,848
Dec 201717610,81457.272.92$41,673
Nov 201717912,57955.423.12$49,146
Oct 2017014,32949.292.98$42,753
Sep 201717713,70747.523.09$50,728
Aug 201706,25445.373.00$18,790
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20161145.352.69$48
May 2016494442.521.99$2,171
Apr 2016073836.561.99$1,469
Mar 201618211,27333.011.79$26,232
Feb 2016013,49626.472.06$27,851
Jan 2016016,80127.352.36$39,724
Dec 201510624,37732.362.00$52,219
Nov 201517017,81938.792.17$45,214
Oct 201517015,00343.552.43$43,809
Sep 2015018,61142.992.76$51,337
Aug 201507,35440.162.87$21,124
Jul 201517423,73648.152.95$78,283
Jun 201517126,45056.152.88$85,853
May 201508,02355.212.96$23,712
Apr 20151709,18749.822.71$33,335
Mar 201507,18542.892.93$21,086
Feb 20151759,60944.662.98$36,414
Jan 201517412,62243.433.10$46,693
Dec 201416416,11954.693.59$66,858
Nov 20141597,83370.464.25$44,508
Oct 201416114,98578.303.90$71,062
Sep 201415416,78986.164.05$81,188
Aug 201417815,58589.394.04$78,799
Jul 201416922,88596.564.18$111,969
Jun 201450521,61298.164.74$151,944
May 201429413,43394.734.73$91,343
Apr 2014037595.944.81$1,803
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0

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                3,865 Mcf  × $  3.05 =    $11,772

────────────────────────────────────────────────────
Month total                                  $11,772

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/275046 is the state's own key, not one this site invented.