MERTZ "11"

Operated by REMUDA OPERATING COMPANY (P-5 701606) in the MERTZ (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10086District 7CField 60687300NGPA filingOilCasinghead gasSaveExport
Value, all time
$89 k
Jan 1993 – Mar 2003
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
123
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1982-08-22
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

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
NGPA2none

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
OilDisposition1,531 bbl$28,880
Casinghead gasProduction37,753 Mcf$60,440
Total$89,320

13,828 Mcf of this lease's gas, across 41 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 31.3590, -100.7995. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.35902, -100.79951 · 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
7,402 ft
1 wells filed one
Completion to plug
20.3 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 7,402 ft.

Completions filed
Aug 1982
1 of 1 wells
Plug dates filed
Nov 2002
1 of 1 wells

Last completion to plug: a median of 20.3 years across the 1 well that filed both dates, with the middle half between 20.3 years and 20.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353194717,402 ftAug 1982Nov 2002Yes

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 (123)

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

123 months

Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 200377030.315.58$2,334
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 200206727.443.64$244
Aug 20021227625.963.16$3,408
Jul 200202424.583.06$73
Jun 200202823.733.34$93
May 200203924.663.58$140
Apr 200204023.653.51$140
Mar 200204322.003.10$133
Feb 200204518.222.38$107
Jan 200203817.172.38$90
Dec 200103116.932.36$73
Nov 200103318.072.41$79
Oct 200102919.782.53$73
Sep 200102624.262.25$59
Aug 20010824.873.05$24
Jul 20010923.933.20$29
Jun 200102924.563.82$111
May 200103725.524.31$159
Apr 200103324.685.34$176
Mar 200101424.545.38$75
Feb 20010627.755.77$35
Jan 200107227.478.40$605
Dec 20000826.889.12$73
Nov 2000017132.215.66$968
Oct 200006331.235.15$324
Sep 200005831.875.19$301
Aug 200003829.644.54$173
Jul 200003828.534.09$155
Jun 200007229.304.40$317
May 2000165127.263.68$4,502
Apr 200004624.513.12$143
Mar 20000028.422.86$0
Feb 2000043527.622.73$1,186
Jan 2000080825.272.48$2,004
Dec 1999083224.282.42$2,017
Nov 199901,67323.192.43$4,072
Oct 199901,92320.982.80$5,392
Sep 1999022121.752.62$579
Aug 1999048119.262.88$1,383
Jul 1999041417.892.37$982
Jun 199936514115.942.36$6,151
May 1999052815.792.32$1,226
Apr 1999055915.102.21$1,234
Mar 1999013212.471.84$243
Feb 199903389.981.82$614
Jan 1999012910.381.90$245
Dec 1998019.201.77$2
Nov 1998014710.892.19$321
Oct 1998072712.421.97$1,432
Sep 199801,27112.592.08$2,647
Aug 199801,26011.301.91$2,403
Jul 1998094011.742.24$2,103
Jun 1998037311.242.24$835
May 1998068212.622.21$1,505
Apr 1998065713.042.51$1,646
Mar 1998095312.802.31$2,201
Feb 1998058613.952.30$1,347
Jan 199801,14114.702.15$2,459
Dec 1997095616.322.41$2,305
Nov 1997060818.193.09$1,878
Oct 199701,32919.253.15$4,186
Sep 199701,00517.742.95$2,970
Aug 1997058417.862.55$1,492
Jul 1997025117.582.25$564
Jun 1997022117.242.26$499
May 1997013218.972.31$305
Apr 1997012617.882.08$262
Mar 199703418.951.94$66
Feb 19971776420.492.21$3,768
Jan 199704123.483.54$145
Dec 199603323.32$0
Nov 1996022621.97$0
Oct 1996120523.31$23
Sep 1996011922.22$0
Aug 1996020520.26$0
Jul 19960119.55$0
Jun 19960118.73$0
May 19960119.43$0
Apr 19960121.51$0
Mar 19960119.38$0
Feb 19960016.98$0
Jan 19960517.07$0
Dec 1995028217.19$0
Nov 199517620616.00$2,816
Oct 19950015.43$0
Sep 199513016.18$210
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 1995015917.56$0
Apr 1995021417.73$0
Mar 1995036416.44$0
Feb 199506916.58$0
Jan 19950115.92$0
Dec 19940015.03$0
Nov 199412411415.90$1,972
Oct 1994025515.58$0
Sep 1994135215.29$15
Aug 1994013816.13$0
Jul 1994029017.56$0
Jun 1994146117.09$17
May 1994058815.88$0
Apr 199430250214.14$4,270
Mar 1994080812.46$0
Feb 1994069412.50$0
Jan 1994048812.66$0
Dec 1993131812.33$12
Nov 1993069514.49$0
Oct 1993071515.85$0
Sep 1993161615.03$15
Aug 1993065115.66$0
Jul 1993178015.46$15
Jun 1993164616.79$17
May 1993177217.68$18
Apr 1993063318.05$0
Mar 1993141818.14$18
Feb 1993029117.90$0
Jan 1993151016.93$17

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.

Jan 2003 — as filed, then multipliedworked
Oil                   77 bbl  × $ 30.31 =     $2,334
Casinghead gas         0 Mcf  × $  5.58 =         $0

────────────────────────────────────────────────────
Month total                                   $2,334

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. 7C/O/10086 is the state's own key, not one this site invented.