TARRANT CO. WATERBOARD UNIT 1

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

Oil lease lease 17156District 09Field 15463184OilCasinghead gasSaveExport
Value, all time
$127 k
Jan 1993 – May 2011
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
221
no gaps in the span
Streams
2
oil, casinghead 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 115 leases and 198 wells, and the rule below applies to all of them.

Discovered
1973-12-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: PER AOF 1 & 2 FORMS ALLOCATION FORMULA SUSPENDED EFFECTIVE 11/1/99

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
OilDisposition3,120 bbl$63,290
Casinghead gasProduction30,465 Mcf$63,771
Total$127,061

12,261 Mcf of this lease's gas, across 48 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 33.2329, -97.8643. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.23292, -97.86426 · 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
0.0%
0 of 1 wells
Median depth
5,867 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
1100.0%
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.
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 5,867 ft.

Completions filed
Jun 1955
1 of 1 wells

1 well

42-4970172315,867 ftJun 1955Yes

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 (221)

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

221 months

May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201115085.644.18$1,285
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
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 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 2004134034.365.53$4,604
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003010228.804.60$469
Oct 2003021528.174.76$1,023
Sep 2003020726.314.75$983
Aug 2003022429.765.13$1,149
Jul 2003022929.415.17$1,184
Jun 200318022328.565.98$6,475
May 2003021626.595.97$1,290
Apr 2003019826.675.41$1,071
Mar 2003021231.146.10$1,292
Feb 2003019433.487.93$1,538
Jan 2003019430.315.58$1,083
Dec 2002020826.914.85$1,010
Nov 2002021224.664.14$877
Oct 2002021426.464.23$905
Sep 2002021627.443.64$785
Aug 2002022825.963.16$721
Jul 200213023724.583.06$3,921
Jun 200217422723.733.34$4,887
May 2002020924.663.58$749
Apr 2002021623.653.51$759
Mar 2002020522.003.10$636
Feb 2002021118.222.38$501
Jan 2002024017.172.38$570
Dec 2001023716.932.36$560
Nov 200107118.072.41$171
Oct 2001023619.782.53$597
Sep 2001022524.262.25$507
Aug 2001022924.873.05$699
Jul 2001024723.933.20$790
Jun 200117924124.563.82$5,318
May 2001024525.524.31$1,055
Apr 2001022924.685.34$1,222
Mar 2001023724.545.38$1,274
Feb 2001022327.755.77$1,286
Jan 2001024627.478.40$2,066
Dec 2000025626.889.12$2,335
Nov 2000025532.215.66$1,443
Oct 2000025131.235.15$1,292
Sep 2000023931.875.19$1,240
Aug 200017724829.644.54$6,372
Jul 2000023928.534.09$977
Jun 2000024129.304.40$1,060
May 2000024727.263.68$909
Apr 2000025624.513.12$798
Mar 2000025028.422.86$715
Feb 2000022427.622.73$611
Jan 2000023325.272.48$578
Dec 1999024824.282.42$601
Nov 199912124523.192.43$3,402
Oct 1999026120.982.80$732
Sep 1999024621.752.62$644
Aug 1999026619.262.88$765
Jul 199918025717.892.37$3,830
Jun 1999022615.942.36$534
May 1999027215.792.32$631
Apr 1999025315.102.21$559
Mar 1999025312.471.84$465
Feb 199902249.981.82$407
Jan 1999024610.381.90$467
Dec 19981812189.201.77$2,052
Nov 1998025410.892.19$555
Oct 1998027212.421.97$536
Sep 1998034812.592.08$725
Aug 1998026111.301.91$498
Jul 1998020011.742.24$447
Jun 1998019111.242.24$427
May 1998021812.622.21$481
Apr 1998723113.042.51$670
Mar 1998017912.802.31$413
Feb 1998012113.952.30$278
Jan 1998014714.702.15$317
Dec 199718919816.322.41$3,562
Nov 1997019818.193.09$611
Oct 1997020519.253.15$646
Sep 1997015317.742.95$452
Aug 1997017217.862.55$439
Jul 1997018617.582.25$418
Jun 1997017517.242.26$395
May 1997020618.972.31$476
Apr 1997016217.882.08$337
Mar 199718916518.951.94$3,902
Feb 1997013420.492.21$296
Jan 1997017123.483.54$605
Dec 1996016523.32$0
Nov 1996018521.97$0
Oct 1996014523.31$0
Sep 1996021422.22$0
Aug 1996027120.26$0
Jul 199618026819.55$3,519
Jun 1996023418.73$0
May 1996022219.43$0
Apr 1996023421.51$0
Mar 1996021219.38$0
Feb 1996022916.98$0
Jan 1996021817.07$0
Dec 199518722417.19$3,215
Nov 1995024316.00$0
Oct 1995031015.43$0
Sep 1995030316.18$0
Aug 1995023715.92$0
Jul 1995031615.24$0
Jun 1995031316.41$0
May 199517326217.56$3,038
Apr 1995025617.73$0
Mar 1995029316.44$0
Feb 1995025316.58$0
Jan 1995025315.92$0
Dec 1994029215.03$0
Nov 1994029115.90$0
Oct 199418031415.58$2,804
Sep 1994031615.29$0
Aug 1994032616.13$0
Jul 1994030717.56$0
Jun 1994026417.09$0
May 1994028315.88$0
Apr 1994025014.14$0
Mar 199417825512.46$2,218
Feb 1994022212.50$0
Jan 1994026112.66$0
Dec 1993025612.33$0
Nov 1993028414.49$0
Oct 1993027015.85$0
Sep 199318427015.03$2,766
Aug 1993024115.66$0
Jul 1993027815.46$0
Jun 1993024816.79$0
May 1993026017.68$0
Apr 199318220418.05$3,285
Mar 1993024018.14$0
Feb 1993022217.90$0
Jan 1993024716.93$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 2011 — as filed, then multipliedworked
Oil                   15 bbl  × $ 85.64 =     $1,285
Casinghead gas         0 Mcf  × $  4.18 =         $0

────────────────────────────────────────────────────
Month total                                   $1,285

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/O/17156 is the state's own key, not one this site invented.