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JAMES (CADDO) UNIT

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

Oil lease lease 19056District 09Field 45544001OilCasinghead gasSaveExport
Value, all time
$4.8 M
Jan 1993 – Jan 1997
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
49
no gaps in the span
Streams
2
oil, casinghead gas

The JAMES field

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 35 leases and 92 wells, and the rule below applies to all of them.

Discovered
1917-01-01
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1993-12-01.

The Commission's schedule remark for this field reads: “FIELD CONSOLIDATED INTO I.M.U. (CADDO CONS.) EFFECTIVE 10/8/96.”

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
OilDisposition287,343 bbl$4,804,895
Casinghead gasProduction40,774 Mcf$0
Total$4,804,895

40,774 Mcf of this lease's gas, across 46 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 (37)

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 33.2282, -98.6608. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.4 miles.

33.22831, -98.66090 · 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%
37 of 37 wells
With a plug date
27.0%
10 of 37 wells
Median depth
4,043 ft
35 wells filed one
Completion to plug
27.4 years
median over 10 wells

What the state filed about each well

On the RRC proration schedule
37100.0%
A plug date is filed
1027.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1027.0%
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

Total depth in feet, 35 of 37 wells. Median 4,043 ft, with the middle half between 3,916 and 4,102 ft; the shallowest is 566 ft and the deepest 4,848 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 37 of 37 wells, Oct 1978 – Aug 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 1978 – Aug 2025
37 of 37 wells
Plug dates filed
Apr 1992 – May 2026
10 of 37 wells; 27 filed none

Last completion to plug: a median of 27.4 years across the 10 wells that filed both dates, with the middle half between 19.6 years and 30.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

37 wells

42-5033803112W4,200 ftAug 2025—Yes
42-503375243AW3,050 ftDec 2008—Yes
42-50340722344,050 ftApr 2008—Yes
42-5033066314,848 ftJul 1997Nov 2006Yes
42-50340721353,890 ftMay 1996Feb 2015Yes
42-50340653333,980 ftMay 1995—Yes
42-50340651324,050 ftMay 1995—Yes
42-50340532304,072 ftAug 1993—Yes
42-50340531284,050 ftJul 1993—Yes
42-5034000322W4,104 ftMay 1989—Yes
42-5034000221W4,197 ftApr 1989—Yes
42-50339803254,100 ftApr 1989—Yes
42-50339979264,808 ftMar 1989Apr 2026Yes
42-5033980523W4,200 ftJul 1988—Yes
42-5033980420W4,200 ftJul 1988—Yes
42-503391057SW3,000 ftFeb 1986Feb 2015Yes
42-503390966SW2,950 ftJan 1986Feb 2015Yes
42-503047571W4,025 ftDec 1984Nov 2006Yes
42-5033803011W4,050 ftDec 1984—Yes
42-50338025154,161 ftAug 1984—Yes
42-50338027164,050 ftAug 1984—Yes
42-50338033174,110 ftAug 1984—Yes
42-5033814814W4,010 ftJul 1984—Yes
42-5033803213W4,050 ftJun 1984—Yes
42-503380454WS3,008 ftJun 1984Feb 2015Yes
42-503380295WS3,100 ftJun 1984—Yes
42-50338026184,043 ftMay 1984—Yes
42-50335525104,018 ftMar 1982May 2026Yes
42-5033496473,975 ftFeb 1982—Yes
42-503087392W566 ftDec 1981Oct 2007Yes
42-503348729 W3,890 ftDec 1981—Yes
42-5033497563,942 ftNov 1981—Yes
42-5033497683,988 ftNov 1981—Yes
42-5033301553,957 ftMay 1979Apr 1992Yes
42-503047593—Oct 1978—Yes
42-503047604—Oct 1978—Yes
42-5038454423,830 ftOct 1978—Yes

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 (49)

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

49 months

Jan 19970023.483.54$0
Dec 19960023.32—$0
Nov 19960021.97—$0
Oct 19966,4801,20023.31—$151,049
Sep 19966,0271,09922.22—$133,920
Aug 19966,2381,42320.26—$126,382
Jul 19966,2601,19219.55—$122,383
Jun 19966,4101,22618.73—$120,059
May 19966,8251,47319.43—$132,610
Apr 19966,4581,12821.51—$138,912
Mar 19966,7931,32419.38—$131,648
Feb 19967,0071,03316.98—$118,979
Jan 19967,1861,13717.07—$122,665
Dec 19957,2871,03517.19—$125,264
Nov 19956,9211,38416.00—$110,736
Oct 19957,1041,15415.43—$109,615
Sep 19957,0621,34716.18—$114,263
Aug 19957,5151,75115.92—$119,639
Jul 19957,8641,42915.24—$119,847
Jun 19958,2461,53416.41—$135,317
May 19958,65738817.56—$152,017
Apr 19955,05193217.73—$89,554
Mar 19955,27477316.44—$86,705
Feb 19954,8541,01416.58—$80,479
Jan 19955,5331,12615.92—$88,085
Dec 19945,57782115.03—$83,822
Nov 19945,5731,16715.90—$88,611
Oct 19945,7881,40015.58—$90,177
Sep 19945,5421,44215.29—$84,737
Aug 19945,8608416.13—$94,522
Jul 19945,9188417.56—$103,920
Jun 19945,76867417.09—$98,575
May 19946,1128415.88—$97,059
Apr 19945,66349414.14—$80,075
Mar 19946,2878412.46—$78,336
Feb 19945,4008412.50—$67,500
Jan 19946,5148412.66—$82,467
Dec 19936,861212.33—$84,596
Nov 19936,558114.49—$95,025
Oct 19936,903115.85—$109,413
Sep 19936,84635815.03—$102,895
Aug 19937,2731,19615.66—$113,895
Jul 19935,2301,05115.46—$80,856
Jun 19934,8791,37516.79—$81,918
May 19935,24192717.68—$92,661
Apr 19934,9641,11218.05—$89,600
Mar 19935,29873118.14—$96,106
Feb 19934,85169517.90—$86,833
Jan 19935,38572116.93—$91,168

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.

Oct 1996 — as filed, then multipliedworked
Oil                6,480 bbl  × $ 23.31 =   $151,049
Casinghead gas     1,200 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                 $151,049

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/19056 is the state's own key, not one this site invented.