TARRANT CO. WATER BOARD UNIT 4

Operated by MERIT ENERGY COMPANY (P-5 561136) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 29066District 09Field 10574520NGPA filingCondensateGasSaveExport
Value, all time
$94 k
Jan 1993 – Apr 2009
Value, last 12 filed months
$164
at the published price for each month
Months reported
196
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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

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
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
CondensateDisposition660 bbl$14,617
GasProduction49,721 Mcf$79,878
Total$94,494

23,453 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 33.2381, -97.8945. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.23809, -97.89451 · 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
5,750 ft
1 wells filed one
Completion to plug
45.5 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 5,750 ft.

Completions filed
Aug 1959
1 of 1 wells
Plug dates filed
Feb 2005
1 of 1 wells

Last completion to plug: a median of 45.5 years across the 1 well that filed both dates, with the middle half between 45.5 years and 45.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-497017201 L5,750 ftAug 1959Feb 2005Yes

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 (196)

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

196 months

Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20095032.814.63$164
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 200474043.245.28$3,200
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040637.486.49$39
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 200401132.036.30$69
Dec 200302630.266.30$164
Nov 20030028.804.60$0
Oct 200301228.174.76$57
Sep 200303126.314.75$147
Aug 200301729.765.13$87
Jul 20030829.415.17$41
Jun 20030028.565.98$0
May 200302026.595.97$119
Apr 200301326.675.41$70
Mar 20030931.146.10$55
Feb 20030633.487.93$48
Jan 200305630.315.58$313
Dec 200202726.914.85$131
Nov 2002015024.664.14$621
Oct 2002016226.464.23$685
Sep 2002034027.443.64$1,236
Aug 2002061125.963.16$1,933
Jul 2002028524.583.06$873
Jun 2002032423.733.34$1,082
May 2002037224.663.58$1,333
Apr 2002036923.653.51$1,296
Mar 2002015422.003.10$478
Feb 2002015718.222.38$373
Jan 200201017.172.38$24
Dec 2001015216.932.36$359
Nov 200108518.072.41$204
Oct 2001014619.782.53$369
Sep 200103224.262.25$72
Aug 2001024524.873.05$748
Jul 2001017223.933.20$550
Jun 2001020724.563.82$792
May 200106825.524.31$293
Apr 200106524.685.34$347
Mar 2001031524.545.38$1,694
Feb 2001022227.755.77$1,280
Jan 2001037427.478.40$3,141
Dec 2000027026.889.12$2,463
Nov 2000033832.215.66$1,912
Oct 2000023731.235.15$1,219
Sep 2000045331.875.19$2,349
Aug 2000037529.644.54$1,703
Jul 2000040028.534.09$1,636
Jun 200013733029.304.40$5,465
May 2000027027.263.68$994
Apr 2000052324.513.12$1,630
Mar 2000041428.422.86$1,184
Feb 2000041027.622.73$1,118
Jan 2000037025.272.48$918
Dec 1999031024.282.42$751
Nov 1999033223.192.43$808
Oct 1999042620.982.80$1,194
Sep 1999020021.752.62$524
Aug 1999026119.262.88$751
Jul 1999035517.892.37$842
Jun 1999033215.942.36$784
May 1999037515.792.32$870
Apr 1999040315.102.21$890
Mar 1999033212.471.84$610
Feb 199903039.981.82$551
Jan 1999025210.381.90$479
Dec 1998009.201.77$0
Nov 199803210.892.19$70
Oct 199803112.421.97$61
Sep 199808212.592.08$171
Aug 1998029111.301.91$555
Jul 1998054211.742.24$1,213
Jun 1998053711.242.24$1,201
May 1998052012.622.21$1,147
Apr 1998056913.042.51$1,426
Mar 1998045812.802.31$1,058
Feb 1998028513.952.30$655
Jan 1998034114.702.15$735
Dec 1997035416.322.41$854
Nov 1997028718.193.09$886
Oct 1997026719.253.15$841
Sep 1997048117.742.95$1,421
Aug 1997081717.862.55$2,087
Jul 1997077917.582.25$1,750
Jun 1997082417.242.26$1,860
May 1997076718.972.31$1,771
Apr 199714593717.882.08$4,544
Mar 1997099418.951.94$1,928
Feb 199701,13920.492.21$2,513
Jan 199701,40423.483.54$4,970
Dec 1996053023.32$0
Nov 1996065221.97$0
Oct 1996056723.31$0
Sep 1996026722.22$0
Aug 1996046920.26$0
Jul 1996066219.55$0
Jun 1996052818.73$0
May 1996030119.43$0
Apr 199606321.51$0
Mar 1996019219.38$0
Feb 199601,21816.98$0
Jan 199606917.07$0
Dec 1995018617.19$0
Nov 1995071716.00$0
Oct 199515886715.43$2,438
Sep 1995091516.18$0
Aug 1995063415.92$0
Jul 1995082415.24$0
Jun 1995063316.41$0
May 1995034817.56$0
Apr 1995038717.73$0
Mar 1995038416.44$0
Feb 1995030616.58$0
Jan 1995052815.92$0
Dec 1994076715.03$0
Nov 199401,09815.90$0
Oct 1994064715.58$0
Sep 199403315.29$0
Aug 1994020416.13$0
Jul 19940017.56$0
Jun 1994021717.09$0
May 1994024115.88$0
Apr 1994034814.14$0
Mar 1994053212.46$0
Feb 1994039512.50$0
Jan 1994064612.66$0
Dec 1993054412.33$0
Nov 1993052814.49$0
Oct 1993059615.85$0
Sep 1993044615.03$0
Aug 199314147515.66$2,208
Jul 1993057515.46$0
Jun 1993050716.79$0
May 1993059417.68$0
Apr 1993050118.05$0
Mar 1993049218.14$0
Feb 1993040917.90$0
Jan 1993041116.93$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.

Feb 2009 — as filed, then multipliedworked
Condensate             5 bbl  × $ 32.81 =       $164
Gas                    0 Mcf  × $  4.63 =         $0

────────────────────────────────────────────────────
Month total                                     $164

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/29066 is the state's own key, not one this site invented.