MERCHANT, C. W.

Operated by KSABE ENERGY PARTNERS, LLC (P-5 478443) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14021District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$4.3 M
Nov 1995 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
367
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
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 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition64,399 bbl$2,975,141
Casinghead gasProduction297,297 Mcf$1,308,613
Total$4,283,754

12,094 Mcf of this lease's gas, across 14 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 (4)

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 31.5868, -101.6052. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.58730, -101.60532 · 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
50.0%
2 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
8,141 ft
4 wells filed one
Completion to plug
42.9 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
250.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
NeitherNo plug date, and not on the schedule.
250.0%

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

Between 8,130 and 8,161 ft, median 8,141 ft, over the 4 wells that filed a depth.

Completions filed
Jan 1971 – Mar 1971
4 of 4 wells
Plug dates filed
Aug 2007 – Jul 2020
2 of 4 wells; 2 filed none

Last completion to plug: a median of 42.9 years across the 2 wells that filed both dates, with the middle half between 39.7 years and 46.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-3830164118,150 ftMar 1971Aug 2007Yes
42-3830014128,130 ftFeb 1971Jul 2020Yes
42-3830163348,132 ftFeb 1971
42-3830064238,161 ftJan 1971

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 (367)

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

367 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 2025113058.593.93$6,621
Oct 20250059.383.30$0
Sep 2025136062.743.08$8,533
Aug 20250063.933.01$0
Jul 202574066.743.32$4,939
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 2025106062.363.54$6,610
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 2025117074.324.28$8,695
Dec 2024148068.993.12$10,211
Nov 2024103069.052.20$7,112
Oct 2024179071.372.28$12,775
Sep 2024356069.612.36$24,781
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 2024176078.082.63$13,742
May 2024182078.812.20$14,343
Apr 2024233084.451.66$19,677
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024344073.023.30$25,119
Dec 2023341071.262.61$24,300
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023384080.522.67$30,920
Jul 2023180074.852.64$13,473
Jun 2023185068.962.26$12,758
May 2023745070.622.23$52,612
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20220200101.587.54$1,508
Jun 20220169115.097.98$1,348
May 2022167194109.378.43$19,901
Apr 20220258104.226.84$1,764
Mar 20220333108.885.08$1,690
Feb 2022039191.054.86$1,900
Jan 202233851881.844.54$30,012
Dec 2021035071.323.90$1,365
Nov 202117028877.435.24$14,671
Oct 2021030079.795.71$1,714
Sep 202111044069.865.35$10,039
Aug 2021044266.024.22$1,866
Jul 202117051670.783.98$14,087
Jun 202117046869.493.38$13,395
May 2021054263.483.02$1,636
Apr 202133254260.362.76$21,535
Mar 2021340061.302.72$20,842
Feb 2021051357.805.55$2,846
Jan 202133067950.412.81$18,543
Dec 2020066644.642.68$1,782
Nov 202037361938.772.71$16,137
Oct 2020063236.972.48$1,566
Sep 202018562037.091.99$8,096
Aug 202018457939.982.39$8,737
Jul 202033931538.371.83$13,582
Jun 202018354634.901.69$7,310
May 202054662116.921.81$10,365
Apr 2020071414.751.80$1,288
Mar 202036781930.341.86$12,655
Feb 2020085449.881.98$1,691
Jan 202036776657.252.09$22,615
Dec 201936670559.012.30$23,222
Nov 2019063055.302.75$1,733
Oct 201918460153.472.42$11,292
Sep 201936356355.052.66$21,479
Aug 201918348553.112.30$10,837
Jul 201918457356.272.46$11,763
Jun 201923948852.782.49$13,830
May 201937150258.482.74$23,072
Apr 2019044062.632.75$1,210
Mar 201937867056.803.06$23,522
Feb 201917962050.852.79$10,833
Jan 201917966246.033.23$10,376
Dec 201818264646.594.19$11,183
Nov 201817256852.934.24$11,511
Oct 201818358461.443.40$13,228
Sep 201817510559.543.11$10,746
Aug 2018031559.403.07$966
Jul 201836144265.142.93$24,811
Jun 201836649960.183.08$23,561
May 201818557665.382.90$13,766
Apr 201824741263.842.90$16,964
Mar 201837541261.222.79$24,106
Feb 201819112661.782.77$12,149
Jan 20181906862.874.01$12,218
Dec 20173694857.272.92$21,273
Nov 20173697255.423.12$20,675
Oct 201737311849.292.98$18,737
Sep 201722519947.523.09$11,306
Aug 201718522345.373.00$9,063
Jul 201718428643.873.09$8,955
Jun 201736410042.493.09$15,775
May 201736229645.373.26$17,390
Apr 20173681,18147.933.21$21,431
Mar 20175201,15346.772.98$27,761
Feb 201737797050.452.95$21,884
Jan 201737289249.413.42$21,430
Dec 2016044448.763.72$1,653
Nov 2016057142.492.64$1,510
Oct 2016049446.193.09$1,527
Sep 2016046241.553.10$1,432
Aug 201617244841.442.92$8,438
Jul 2016051941.622.92$1,518
Jun 201616460245.352.69$9,054
May 2016062642.521.99$1,246
Apr 201616760336.561.99$7,306
Mar 2016063133.011.79$1,132
Feb 2016063326.472.06$1,306
Jan 2016055927.352.36$1,322
Dec 201515162232.362.00$6,131
Nov 2015060538.792.17$1,311
Oct 201516366743.552.43$8,717
Sep 201517258742.992.76$9,013
Aug 2015077940.162.87$2,238
Jul 2015064448.152.95$1,897
Jun 201517079856.152.88$11,846
May 2015092355.212.96$2,728
Apr 2015092049.822.71$2,490
Mar 201517585642.892.93$10,018
Feb 2015081344.662.98$2,420
Jan 201516989743.433.10$10,121
Dec 201417492054.693.59$12,820
Nov 2014093170.464.25$3,958
Oct 20141741,00278.303.90$17,533
Sep 201416895386.164.05$18,330
Aug 2014099189.394.04$3,999
Jul 2014095196.564.18$3,975
Jun 201431995198.164.74$35,818
May 201418399294.734.73$22,024
Apr 2014096695.944.81$4,646
Mar 2014099695.895.06$5,037
Feb 201417186897.406.19$22,030
Jan 2014082790.404.86$4,020
Dec 201316286991.824.35$18,659
Nov 2013094188.853.74$3,518
Oct 201316990497.423.78$19,881
Sep 2013177964104.113.72$22,011
Aug 20130992104.253.52$3,494
Jul 2013177981102.523.72$21,793
Jun 2013095594.403.93$3,756
May 201316192894.834.15$19,118
Apr 201317492893.964.28$20,323
Mar 2013096693.623.91$3,780
Feb 201317287891.233.42$18,694
Jan 201317695291.603.42$19,377
Dec 2012094986.773.42$3,246
Nov 201217494286.953.62$18,544
Oct 2012098289.383.40$3,338
Sep 201217296694.672.92$19,102
Aug 201216096292.662.91$17,623
Jul 2012092985.133.02$2,806
Jun 201216489379.822.52$15,340
May 201217294591.612.49$18,108
Apr 20120955101.652.00$1,907
Mar 2012160968105.052.22$18,959
Feb 2012175914101.102.57$20,042
Jan 201216897998.092.73$19,156
Dec 2011092996.873.24$3,010
Nov 201118193395.723.31$20,415
Oct 201118196284.983.65$18,891
Sep 2011095483.623.99$3,802
Aug 201117697083.404.15$18,703
Jul 2011097694.144.52$4,409
Jun 201116095392.904.64$19,286
May 201117798898.134.40$21,721
Apr 2011179954105.964.33$23,101
Mar 201117197696.364.06$20,438
Feb 2011087285.644.18$3,645
Jan 201117596086.504.59$19,543
Dec 201016497385.734.35$18,290
Nov 2010095680.843.80$3,628
Oct 201017899378.103.51$17,386
Sep 201017096372.633.98$16,179
Aug 201001,00573.684.42$4,441
Jul 20101791,01972.554.74$17,813
Jun 201017389270.364.91$16,552
May 201017295671.124.24$16,282
Apr 2010089881.694.12$3,702
Mar 201017092178.394.39$17,368
Feb 2010078773.585.44$4,283
Jan 201016785574.365.96$17,517
Dec 200917683571.445.48$17,152
Nov 200917283674.593.75$15,966
Oct 2009092772.544.11$3,810
Sep 200917684565.543.06$14,125
Aug 200917393067.423.22$14,657
Jul 2009090461.133.46$3,132
Jun 200917281466.163.90$14,550
May 200915195054.743.93$11,995
Apr 200917589946.773.59$11,410
Mar 2009092042.144.06$3,734
Feb 200916583032.814.63$9,259
Jan 200918091535.865.37$11,369
Dec 200816888237.105.98$11,505
Nov 2008082455.496.86$5,653
Oct 200816114475.246.92$13,110
Sep 2008164375101.767.88$19,643
Aug 20080909114.228.48$7,711
Jul 2008161820131.0811.39$30,443
Jun 2008168832131.3313.03$32,907
May 2008168928123.1711.57$31,434
Apr 20080806110.3110.45$8,427
Mar 2008178890101.909.66$26,739
Feb 200815886492.538.77$22,198
Jan 200833193990.388.21$37,621
Dec 2007093688.337.30$6,835
Nov 200716992191.677.29$22,208
Oct 200716396382.856.92$20,170
Sep 200715889475.846.24$17,565
Aug 2007099069.066.39$6,324
Jul 200717083070.906.39$17,355
Jun 200718567762.007.55$16,580
May 200716398158.747.85$17,272
Apr 2007093359.617.81$7,282
Mar 200716491756.927.30$16,031
Feb 200733879355.108.22$25,139
Jan 20071731,06850.306.73$15,886
Dec 200601,25256.656.92$8,662
Nov 20063351,35554.207.62$28,479
Oct 200601,46254.906.01$8,792
Sep 20063301,44160.085.04$27,085
Aug 20061611,48568.717.34$21,962
Jul 20061671,50169.376.34$21,105
Jun 20061761,44366.286.38$20,877
May 20063351,48166.016.42$31,629
Apr 200601,42664.397.36$10,496
Mar 20063351,46256.707.08$29,350
Feb 20061701,31857.597.75$20,006
Jan 20061661,46660.598.93$23,154
Dec 20053331,45754.9413.42$37,841
Nov 20051711,42554.6910.59$24,440
Oct 20051661,48258.3413.80$30,130
Sep 20051671,44961.4512.08$27,765
Aug 20051671,49461.519.80$24,909
Jul 20051661,48955.697.84$20,924
Jun 20053321,44252.337.38$28,017
May 20051661,46745.226.65$17,264
Apr 20051671,42249.207.36$18,683
Mar 20053321,45650.377.15$27,140
Feb 20051681,31545.226.31$15,897
Jan 20051681,44743.166.32$16,399
Dec 20043351,41739.866.75$22,919
Nov 20041741,41545.286.33$16,836
Oct 20041691,47649.706.52$18,016
Sep 20043381,45243.245.28$22,287
Aug 20041681,02042.375.55$12,780
Jul 20041671,48638.286.08$15,434
Jun 20041681,42536.106.43$15,232
May 20041711,44137.486.49$15,768
Apr 20043391,41534.475.86$19,975
Mar 20041691,39234.365.53$13,505
Feb 20041821,35732.455.51$13,382
Jan 20041661,44532.036.30$14,420
Dec 20033371,45430.266.30$19,360
Nov 20031691,41128.804.60$11,351
Oct 20033381,46228.174.76$16,480
Sep 20031751,39626.314.75$11,234
Aug 20031611,42029.765.13$12,076
Jul 20031741,40729.415.17$12,393
Jun 20033351,31328.565.98$17,423
May 20031621,38026.595.97$12,550
Apr 20031641,28426.675.41$11,317
Mar 20033241,37131.146.10$18,447
Feb 20031751,22133.487.93$15,537
Jan 20033371,35630.315.58$17,784
Dec 20021631,37826.914.85$11,075
Nov 20021691,22424.664.14$9,231
Oct 20023421,26626.464.23$14,403
Sep 20021881,32627.443.64$9,979
Aug 20021921,35825.963.16$9,281
Jul 20021761,36224.583.06$8,496
Jun 20021891,33723.733.34$8,948
May 20023721,37024.663.58$14,084
Apr 20021811,30723.653.51$8,871
Mar 20021911,33522.003.10$8,344
Feb 20023701,19218.222.38$9,573
Jan 20021831,30917.172.38$6,252
Dec 20013691,30916.932.36$9,342
Nov 20011761,27018.072.41$6,235
Oct 20011831,33019.782.53$6,983
Sep 20013761,28424.262.25$12,012
Aug 20011731,34224.873.05$8,400
Jul 20013531,34823.933.20$12,757
Jun 20011891,29424.563.82$9,590
May 20011791,33125.524.31$10,301
Apr 20013771,29324.685.34$16,203
Mar 20011771,27024.545.38$11,172
Feb 200133590027.755.77$14,487
Jan 20013681,32727.478.40$21,254
Dec 20003691,23526.889.12$21,185
Nov 20001741,13732.215.66$12,038
Oct 20003201,22031.235.15$16,271
Sep 20001671,23931.875.19$11,748
Aug 20003721,24429.644.54$16,675
Jul 20001901,22828.534.09$10,443
Jun 20001891,19829.304.40$10,806
May 20003681,15627.263.68$14,285
Apr 20001751,11824.513.12$7,773
Mar 20002871,17328.422.86$11,511
Feb 20001811,09227.622.73$7,977
Jan 20003691,11725.272.48$12,095
Dec 19991941,05624.282.42$7,270
Nov 19991941,10723.192.43$7,193
Oct 199937887020.982.80$10,370
Sep 199918465821.752.62$5,725
Aug 19991901,21019.262.88$7,139
Jul 19993741,15817.892.37$9,438
Jun 19991881,14615.942.36$5,704
May 19991981,11515.792.32$5,714
Apr 19993931,07315.102.21$8,304
Mar 19991911,08212.471.84$4,371
Feb 19992029189.981.82$3,685
Jan 19993881,07210.381.90$6,064
Dec 19981871,0179.201.77$3,524
Nov 199838999210.892.19$6,404
Oct 19981861,03212.421.97$4,342
Sep 19981851,08712.592.08$4,593
Aug 19983701,14111.301.91$6,357
Jul 19983791,13811.742.24$6,995
Jun 19981861,11311.242.24$4,581
May 19981871,04112.622.21$4,657
Apr 19985491,06113.042.51$9,817
Mar 199801,01312.802.31$2,339
Feb 199837491813.952.30$7,328
Jan 19981901,04214.702.15$5,038
Dec 19973861,00416.322.41$8,720
Nov 199719196818.193.09$6,464
Oct 19973741,09319.253.15$10,642
Sep 199718897817.742.95$6,225
Aug 19973751,03017.862.55$9,329
Jul 19971881,05417.582.25$5,673
Jun 199737599417.242.26$8,709
May 19973741,03018.972.31$9,473
Apr 19971851,01517.882.08$5,422
Mar 19971971,02618.951.94$5,723
Feb 199739692620.492.21$10,157
Jan 199719597023.483.54$8,012
Dec 19963901,07323.32$9,095
Nov 19963851,03221.97$8,458
Oct 19961941,09923.31$4,522
Sep 19963831,05422.22$8,510
Aug 199618999520.26$3,829
Jul 199639275919.55$7,664
Jun 199618776518.73$3,503
May 199638075019.43$7,383
Apr 199619372821.51$4,151
Mar 199638678219.38$7,481
Feb 199619573316.98$3,311
Jan 199639178417.07$6,674
Dec 199537777317.19$6,481
Nov 199531876716.00$5,088

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.

Nov 2025 — as filed, then multipliedworked
Oil                  113 bbl  × $ 58.59 =     $6,621
Casinghead gas         0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                   $6,621

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/14021 is the state's own key, not one this site invented.