MERCHANT, C. W. -B-

Operated by SAHARA OPERATING COMPANY (P-5 743279) 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 14126District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$2.5 M
Nov 1995 – May 2026
Value, last 12 filed months
$21 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
OilDisposition27,372 bbl$1,395,855
Casinghead gasProduction308,854 Mcf$1,138,340
Total$2,534,195

41,270 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 31.5470, -101.5936. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.54727, -101.59341 · 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
0.0%
0 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
8,096 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
4100.0%

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 8,044 and 8,230 ft, median 8,096 ft, over the 4 wells that filed a depth.

Completions filed
Jun 1970 – Oct 1970
4 of 4 wells

4 wells

42-3830163728,081 ftOct 1970
42-3830163518,044 ftSep 1970
42-3830163938,110 ftJul 1970
42-3830164048,230 ftJun 1970

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 202682089.753.15$7,360
Feb 20260063.503.75$0
Jan 202646059.138.00$2,720
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202545059.383.30$2,672
Sep 202589062.743.08$5,584
Aug 20250063.933.01$0
Jul 202545066.743.32$3,003
Jun 20250066.483.13$0
May 202544060.553.23$2,664
Apr 202546062.363.54$2,869
Mar 20250067.704.27$0
Feb 202542070.884.34$2,977
Jan 202544074.324.28$3,270
Dec 202447068.993.12$3,243
Nov 202441069.052.20$2,831
Oct 202444071.372.28$3,140
Sep 20240069.612.36$0
Aug 202496075.632.06$7,260
Jul 202495079.932.15$7,593
Jun 202446078.082.63$3,592
May 20240078.812.20$0
Apr 202488084.451.66$7,432
Mar 202445080.301.55$3,614
Feb 202447076.091.78$3,576
Jan 202444073.023.30$3,213
Dec 20230071.262.61$0
Nov 202349077.892.81$3,817
Oct 20230085.443.09$0
Sep 202386089.042.74$7,657
Aug 20230080.522.67$0
Jul 202349074.852.64$3,668
Jun 202348068.962.26$3,310
May 2023101070.622.23$7,133
Apr 20230078.122.24$0
Mar 202349072.852.39$3,570
Feb 202350075.112.47$3,756
Jan 2023102076.533.39$7,806
Dec 20220076.415.73$0
Nov 202296085.005.65$8,160
Oct 202298087.185.86$8,544
Sep 202298084.888.16$8,318
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 2022990115.097.98$11,394
May 2022450109.378.43$4,922
Apr 202200104.226.84$0
Mar 2022990108.885.08$10,779
Feb 202298091.054.86$8,923
Jan 2022151081.844.54$12,358
Dec 202150071.323.90$3,566
Nov 202144077.435.24$3,407
Oct 202178079.795.71$6,224
Sep 202183069.865.35$5,798
Aug 202197066.024.22$6,404
Jul 20210070.783.98$0
Jun 202151069.493.38$3,544
May 2021150063.483.02$9,522
Apr 202150060.362.76$3,018
Mar 202151061.302.72$3,126
Feb 202150057.805.55$2,890
Jan 202150050.412.81$2,521
Dec 2020101044.642.68$4,509
Nov 2020100038.772.71$3,877
Oct 202050036.972.48$1,849
Sep 202054037.091.99$2,003
Aug 2020150039.982.39$5,997
Jul 2020100038.371.83$3,837
Jun 202051034.901.69$1,780
May 2020179016.921.81$3,029
Apr 2020100014.751.80$1,475
Mar 202050030.341.86$1,517
Feb 202048049.881.98$2,394
Jan 2020100057.252.09$5,725
Dec 2019153059.012.30$9,029
Nov 2019153055.302.75$8,461
Oct 201951053.472.42$2,727
Sep 2019150055.052.66$8,258
Aug 201949053.112.30$2,602
Jul 201949056.272.46$2,757
Jun 201950052.782.49$2,639
May 201998058.482.74$5,731
Apr 201950062.632.75$3,132
Mar 20190056.803.06$0
Feb 201951050.852.79$2,593
Jan 201988046.033.23$4,051
Dec 201851046.594.19$2,376
Nov 201847052.934.24$2,488
Oct 20180061.443.40$0
Sep 201851059.543.11$3,037
Aug 20180059.403.07$0
Jul 201850065.142.93$3,257
Jun 201847060.183.08$2,828
May 20180065.382.90$0
Apr 201898063.842.90$6,256
Mar 201847061.222.79$2,877
Feb 20180061.782.77$0
Jan 201851062.874.01$3,206
Dec 20170057.272.92$0
Nov 201751055.423.12$2,826
Oct 201750049.292.98$2,465
Sep 20170047.523.09$0
Aug 201750045.373.00$2,269
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 201749045.373.26$2,223
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201749050.452.95$2,472
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 201647042.492.64$1,997
Oct 201647046.193.09$2,171
Sep 20160041.553.10$0
Aug 201650041.442.92$2,072
Jul 20160041.622.92$0
Jun 201645045.352.69$2,041
May 201694042.521.99$3,997
Apr 20160036.561.99$0
Mar 201691033.011.79$3,004
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201551032.362.00$1,650
Nov 201524038.792.17$931
Oct 20150043.552.43$0
Sep 201599042.992.76$4,256
Aug 20150040.162.87$0
Jul 201547048.152.95$2,263
Jun 201545056.152.88$2,527
May 201548055.212.96$2,650
Apr 201551049.822.71$2,541
Mar 2015102042.892.93$4,375
Feb 201552044.662.98$2,322
Jan 201552043.433.10$2,258
Dec 20140054.693.59$0
Nov 201442070.464.25$2,959
Oct 201448078.303.90$3,758
Sep 201449086.164.05$4,222
Aug 201446089.394.04$4,112
Jul 201449096.564.18$4,731
Jun 201498098.164.74$9,620
May 20140094.734.73$0
Apr 2014102095.944.81$9,786
Mar 201447095.895.06$4,507
Feb 201450097.406.19$4,870
Jan 201446090.404.86$4,158
Dec 201350091.824.35$4,591
Nov 20130088.853.74$0
Oct 201350097.423.78$4,871
Sep 2013990104.113.72$10,307
Aug 2013510104.253.52$5,317
Jul 2013510102.523.72$5,229
Jun 201351094.403.93$4,814
May 201350094.834.15$4,742
Apr 201351093.964.28$4,792
Mar 2013100093.623.91$9,362
Feb 201342091.233.42$3,832
Jan 2013103091.603.42$9,435
Dec 201252086.773.42$4,512
Nov 201295086.953.62$8,260
Oct 201251089.383.40$4,558
Sep 201284094.672.92$7,952
Aug 201240292.662.91$3,712
Jul 201249085.133.02$4,171
Jun 201249079.822.52$3,911
May 201298091.612.49$8,978
Apr 2012470101.652.00$4,778
Mar 2012430105.052.22$4,517
Feb 2012480101.102.57$4,853
Jan 201253098.092.73$5,199
Dec 201151096.873.24$4,940
Nov 201185095.723.31$8,136
Oct 2011444484.983.65$3,900
Sep 20114915783.623.99$4,723
Aug 20119218083.404.15$8,420
Jul 20118120594.144.52$8,551
Jun 20119819692.904.64$10,014
May 20115020398.134.40$5,801
Apr 2011103224105.964.33$11,885
Mar 201110221596.364.06$10,701
Feb 20119619285.644.18$9,024
Jan 201115320586.504.59$14,175
Dec 20109918985.734.35$9,309
Nov 201010022080.843.80$8,919
Oct 20109722278.103.51$8,355
Sep 201012122772.633.98$9,692
Aug 201010327673.684.42$8,809
Jul 201010223572.554.74$8,513
Jun 20104824670.364.91$4,585
May 20108722871.124.24$7,153
Apr 201010321581.694.12$9,300
Mar 201010523078.394.39$9,240
Feb 20105119973.585.44$4,836
Jan 201013922974.365.96$11,702
Dec 20099622771.445.48$8,103
Nov 20094523074.593.75$4,219
Oct 20099833672.544.11$8,490
Sep 200910223365.543.06$7,399
Aug 20098523467.423.22$6,484
Jul 200910022661.133.46$6,896
Jun 200914223466.163.90$10,306
May 20099426654.743.93$6,190
Apr 200919827046.773.59$10,229
Mar 200917125842.144.06$8,253
Feb 200914241932.814.63$6,600
Jan 200913447035.865.37$7,330
Dec 200815141337.105.98$8,071
Nov 200812544955.496.86$10,017
Oct 200813252175.246.92$13,538
Sep 2008144342101.767.88$17,347
Aug 200892354114.228.48$13,511
Jul 2008135473131.0811.39$23,083
Jun 2008122471131.3313.03$22,161
May 200894508123.1711.57$17,458
Apr 200897697110.3110.45$17,987
Mar 2008480101.909.66$4,891
Feb 2008881,19992.538.77$18,659
Jan 20081211,47190.388.21$23,007
Dec 2007901,39088.337.30$18,099
Nov 20078880991.677.29$13,966
Oct 2007851,31182.856.92$16,117
Sep 2007851,33175.846.24$14,757
Aug 20074962869.066.39$7,396
Jul 2007431,08370.906.39$9,967
Jun 20079086362.007.55$12,094
May 20079174658.747.85$11,199
Apr 20074390459.617.81$9,619
Mar 20079196456.927.30$12,219
Feb 20075288055.108.22$10,095
Jan 20075076750.306.73$7,674
Dec 2006991,23956.656.92$14,180
Nov 2006871,47054.207.62$15,913
Oct 2006961,74754.906.01$15,777
Sep 200612267360.085.04$10,720
Aug 20068681168.717.34$11,862
Jul 2006901,07869.376.34$13,081
Jun 2006891,25366.286.38$13,898
May 2006731,31666.016.42$13,274
Apr 2006871,18664.397.36$14,331
Mar 2006341,35856.707.08$11,546
Feb 20064667557.597.75$7,881
Jan 20067398260.598.93$13,196
Dec 2005721,21454.9413.42$20,242
Nov 20054892954.6910.59$12,462
Oct 20051011,05858.3413.80$20,488
Sep 2005991,05861.4512.08$18,863
Aug 2005521,02761.519.80$13,260
Jul 2005941,02555.697.84$13,275
Jun 2005901,29252.337.38$14,246
May 20051001,35645.226.65$13,541
Apr 2005481,28249.207.36$11,798
Mar 2005961,14550.377.15$13,028
Feb 20059288045.226.31$9,715
Jan 2005511,03443.166.32$8,738
Dec 20045081039.866.75$7,461
Nov 20049587345.286.33$9,828
Oct 20041021,55349.706.52$15,187
Sep 2004941,51843.245.28$12,086
Aug 2004461,08242.375.55$7,955
Jul 2004951,06238.286.08$10,098
Jun 2004481,01636.106.43$8,269
May 2004511,19137.486.49$9,647
Apr 2004841,13534.475.86$9,545
Mar 2004951,25334.365.53$10,193
Feb 2004411,12932.455.51$7,551
Jan 20045199432.036.30$7,895
Dec 2003971,22930.266.30$10,680
Nov 2003481,09228.804.60$6,400
Oct 2003951,24628.174.76$8,607
Sep 2003481,19826.314.75$6,953
Aug 2003501,17029.765.13$7,490
Jul 2003931,28229.415.17$9,364
Jun 2003941,15228.565.98$9,577
May 2003491,44126.595.97$9,910
Apr 2003861,31426.675.41$9,399
Mar 20031001,68831.146.10$13,404
Feb 2003831,70933.487.93$16,324
Jan 2003851,80430.315.58$12,646
Dec 2002461,62926.914.85$9,145
Nov 2002921,66524.664.14$9,157
Oct 2002991,51726.464.23$9,035
Sep 2002451,80327.443.64$7,789
Aug 20021321,76525.963.16$9,011
Jul 2002421,87924.583.06$6,785
Jun 2002471,87723.733.34$7,381
May 2002861,95224.663.58$9,117
Apr 2002952,03823.653.51$9,405
Mar 20021402,17122.003.10$9,816
Feb 2002491,70018.222.38$4,931
Jan 2002982,05117.172.38$6,555
Dec 2001911,77516.932.36$5,737
Nov 2001971,49218.072.41$5,342
Oct 2001931,93019.782.53$6,720
Sep 2001441,97924.262.25$5,523
Aug 20011021,73524.873.05$7,834
Jul 2001882,02323.933.20$8,574
Jun 2001912,00524.563.82$9,902
May 2001852,04525.524.31$10,978
Apr 2001962,10424.685.34$13,595
Mar 20011522,24524.545.38$15,800
Feb 2001442,33327.755.77$14,676
Jan 2001432,21027.478.40$19,742
Dec 2000901,26026.889.12$13,914
Nov 20001012,79732.215.66$19,079
Oct 20001043,08431.235.15$19,117
Sep 20001033,06631.875.19$19,184
Aug 2000963,71529.644.54$19,714
Jul 2000974,32428.534.09$20,451
Jun 2000904,01229.304.40$20,279
May 2000762,39027.263.68$10,866
Apr 2000954,10024.513.12$15,104
Mar 2000963,01628.422.86$11,353
Feb 2000862,38627.622.73$8,881
Jan 2000864,40625.272.48$13,102
Dec 1999932,47124.282.42$8,247
Nov 19991002,40023.192.43$8,161
Oct 19991012,13520.982.80$8,105
Sep 19991032,23221.752.62$8,086
Aug 19991552,23319.262.88$9,407
Jul 1999943,40617.892.37$9,762
Jun 19991493,04215.942.36$9,561
May 1999992,17815.792.32$6,618
Apr 19991502,67715.102.21$8,176
Mar 1999522,41412.471.84$5,086
Feb 19991502,0829.981.82$5,282
Jan 1999963,21310.381.90$7,101
Dec 19981533,6349.201.77$7,852
Nov 19981041,92210.892.19$5,334
Oct 19981022,30512.421.97$5,806
Sep 19981422,83212.592.08$7,686
Aug 19981552,77511.301.91$7,044
Jul 19981032,65411.742.24$7,147
Jun 19981512,83611.242.24$8,042
May 1998972,91312.622.21$7,651
Apr 199802,76513.042.51$6,927
Mar 1998913,03912.802.31$8,183
Feb 1998512,28713.952.30$5,970
Jan 1998533,21814.702.15$7,713
Dec 19971332,26316.322.41$7,627
Nov 1997513,48118.193.09$11,678
Oct 1997422,40919.253.15$8,396
Sep 19971022,88317.742.95$10,328
Aug 1997991,35417.862.55$5,227
Jul 19971012,70117.582.25$7,845
Jun 19971044,77117.242.26$12,562
May 19971443,50318.972.31$10,818
Apr 19971562,64017.882.08$8,288
Mar 19971532,81518.951.94$8,358
Feb 19971583,86120.492.21$11,754
Jan 19971473,21623.483.54$14,835
Dec 19961012,85623.32$2,355
Nov 19961522,51521.97$3,339
Oct 19961573,48023.31$3,660
Sep 19961522,64522.22$3,377
Aug 19961023,09820.26$2,067
Jul 19961524,77619.55$2,972
Jun 19961403,55518.73$2,622
May 19961533,86519.43$2,973
Apr 19961532,22421.51$3,291
Mar 19961492,67119.38$2,888
Feb 19961502,29916.98$2,547
Jan 19961482,24517.07$2,526
Dec 19951573,09117.19$2,699
Nov 19951851,95016.00$2,960

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.

Mar 2026 — as filed, then multipliedworked
Oil                   82 bbl  × $ 89.75 =     $7,360
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $7,360

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/14126 is the state's own key, not one this site invented.