MERCHANT, C. W. -A-

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 14127District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$5.1 M
Nov 1995 – May 2026
Value, last 12 filed months
$41 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
OilDisposition52,387 bbl$2,663,711
Casinghead gasProduction616,159 Mcf$2,387,894
Total$5,051,605

18,191 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 (3)

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 31.5608, -101.6003. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.55942, -101.60016 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
8,083 ft
3 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.
3100.0%

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 8,070 and 8,120 ft, median 8,083 ft, over the 3 wells that filed a depth.

Completions filed
Aug 1970 – Sep 1970
3 of 3 wells

3 wells

42-3830163418,070 ftSep 1970
42-3830163628,120 ftSep 1970
42-3830163838,083 ftAug 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 2026159089.753.15$14,270
Feb 20260063.503.75$0
Jan 202688059.138.00$5,203
Dec 20251056.664.41$57
Nov 20250058.593.93$0
Oct 202586059.383.30$5,107
Sep 2025172062.743.08$10,791
Aug 20250063.933.01$0
Jul 202587066.743.32$5,806
Jun 20250066.483.13$0
May 202585060.553.23$5,147
Apr 202589062.363.54$5,550
Mar 20250067.704.27$0
Feb 202582070.884.34$5,812
Jan 2025852,50674.324.28$17,040
Dec 2024901,38068.993.12$10,517
Nov 2024781,54369.052.20$8,778
Oct 2024861,74171.372.28$10,110
Sep 2024073269.612.36$1,731
Aug 2024184075.632.06$13,916
Jul 202418494079.932.15$16,725
Jun 20248932978.082.63$7,816
May 202401,12678.812.20$2,475
Apr 20241701,55384.451.66$16,933
Mar 2024863,50280.301.55$12,317
Feb 2024901,49176.091.78$9,508
Jan 2024851,65173.023.30$11,651
Dec 20230071.262.61$0
Nov 202394077.892.81$7,322
Oct 202301,59185.443.09$4,912
Sep 20231661,79689.042.74$19,693
Aug 202302,02180.522.67$5,402
Jul 2023951,60974.852.64$11,361
Jun 20239233868.962.26$7,108
May 202319585470.622.23$15,673
Apr 202301,10578.122.24$2,473
Mar 20239573872.852.39$8,687
Feb 20239772675.112.47$9,076
Jan 20231971,05476.533.39$18,647
Dec 20220076.415.73$0
Nov 20221851,15685.005.65$22,252
Oct 202201,26787.185.86$7,429
Sep 20221891,13184.888.16$25,275
Aug 2022080194.529.13$7,311
Jul 20220822101.587.54$6,200
Jun 20221911,001115.097.98$29,967
May 2022861,073109.378.43$18,454
Apr 20220614104.226.84$4,198
Mar 20221901,124108.885.08$26,393
Feb 202218897891.054.86$21,869
Jan 2022292081.844.54$23,897
Dec 2021991,20071.323.90$11,740
Nov 20218560177.435.24$9,729
Oct 202115085179.795.71$16,831
Sep 20211601,31769.865.35$18,225
Aug 20211891,03766.024.22$16,855
Jul 2021038470.783.98$1,529
Jun 202110045769.493.38$8,494
May 20212931,11563.483.02$21,964
Apr 202110140960.362.76$7,225
Mar 20211161,71761.302.72$11,776
Feb 2021971,71857.805.55$15,138
Jan 2021961,85850.412.81$10,061
Dec 20201951,50444.642.68$12,729
Nov 20201951,87338.772.71$12,630
Oct 202096036.972.48$3,549
Sep 20201041,85237.091.99$7,545
Aug 20202902,09839.982.39$16,598
Jul 20201941,25938.371.83$9,742
Jun 2020971,21434.901.69$5,437
May 2020345016.921.81$5,837
Apr 20201932,20614.751.80$6,827
Mar 2020972,22430.341.86$7,071
Feb 2020922,01549.881.98$8,580
Jan 20201942,15357.252.09$15,616
Dec 20190059.012.30$0
Nov 20192942,31455.302.75$22,623
Oct 2019992,09753.472.42$10,365
Sep 20192891,69455.052.66$20,411
Aug 2019952,52353.112.30$10,859
Jul 2019951,31556.272.46$8,581
Jun 2019101052.782.49$5,331
May 20191891,94658.482.74$16,385
Apr 2019971,13562.632.75$9,197
Mar 20190056.803.06$0
Feb 2019991,44350.852.79$9,063
Jan 20191721,27846.033.23$12,043
Dec 2018981,14446.594.19$9,354
Nov 201891052.934.24$4,817
Oct 20180061.443.40$0
Sep 2018981,19859.543.11$9,558
Aug 201801,63759.403.07$5,020
Jul 2018971,71965.142.93$11,358
Jun 2018901,70760.183.08$10,669
May 201821,79565.382.90$5,338
Apr 20181892,00563.842.90$17,882
Mar 2018921,79661.222.79$10,637
Feb 2018073961.782.77$2,044
Jan 20189989762.874.01$9,820
Dec 201701,10957.272.92$3,240
Nov 2017991,02455.423.12$8,680
Oct 2017971,18049.292.98$8,302
Sep 201701,27747.523.09$3,942
Aug 2017961,52345.373.00$8,931
Jul 201701,30643.873.09$4,032
Jun 201701,08842.493.09$3,359
May 2017951,10345.373.26$7,910
Apr 201701,18347.933.21$3,799
Mar 201701,47746.772.98$4,407
Feb 2017951,63150.452.95$9,608
Jan 201701,83249.413.42$6,263
Dec 201601,80248.763.72$6,709
Nov 2016911,88042.492.64$8,838
Oct 2016901,99946.193.09$10,335
Sep 201602,05941.553.10$6,384
Aug 201696041.442.92$3,978
Jul 201602,35041.622.92$6,872
Jun 2016882,39445.352.69$10,421
May 20161812,52242.521.99$12,718
Apr 201602,77836.561.99$5,531
Mar 20161772,75633.011.79$10,787
Feb 201611,73826.472.06$3,613
Jan 201602,17527.352.36$5,142
Dec 2015992,13232.362.00$7,471
Nov 2015451,55738.792.17$5,120
Oct 201522,94343.552.43$7,229
Sep 20151913,16642.992.76$16,944
Aug 201503,18040.162.87$9,135
Jul 2015913,36848.152.95$14,301
Jun 2015873,35556.152.88$14,557
May 2015933,41155.212.96$15,216
Apr 2015983,41249.822.71$14,117
Mar 20151973,15542.892.93$17,708
Feb 2015992,40744.662.98$11,585
Jan 20151002,73743.433.10$12,829
Dec 201402,55554.693.59$9,176
Nov 2014813,01170.464.25$18,510
Oct 2014942,34478.303.90$16,504
Sep 2014952,53386.164.05$18,432
Aug 2014893,21489.394.04$20,925
Jul 2014963,40696.564.18$23,505
Jun 20141893,44498.164.74$34,866
May 201423,34294.734.73$15,986
Apr 20141923,60895.944.81$35,772
Mar 2014902,59395.895.06$21,742
Feb 2014972,96897.406.19$27,826
Jan 2014913,17690.404.86$23,664
Dec 2013963,09691.824.35$22,296
Nov 201323,20688.853.74$12,163
Oct 2013973,54297.423.78$22,836
Sep 20131923,541104.113.72$33,154
Aug 2013983,467104.253.52$22,429
Jul 2013993,670102.523.72$23,794
Jun 2013982,55494.403.93$19,297
May 2013963,70194.834.15$24,459
Apr 2013993,44293.964.28$24,043
Mar 20131943,72593.623.91$32,738
Feb 2013813,31791.233.42$18,733
Jan 20131993,64991.603.42$30,708
Dec 20121013,67886.773.42$21,343
Nov 20121833,58386.953.62$28,900
Oct 2012983,86789.383.40$21,906
Sep 20121623,56994.672.92$25,752
Aug 2012783,41992.662.91$17,170
Jul 2012953,90485.133.02$19,881
Jun 2012953,06979.822.52$15,314
May 20121903,33391.612.49$25,699
Apr 2012923,904101.652.00$17,147
Mar 2012832,080105.052.22$13,341
Feb 2012922,988101.102.57$16,981
Jan 20121043,41498.092.73$19,536
Dec 2011983,57796.873.24$21,082
Nov 20111643,55995.723.31$27,483
Oct 2011853,78784.983.65$21,040
Sep 2011953,59283.623.99$22,261
Aug 20111773,29183.404.15$28,417
Jul 20111573,78994.144.52$31,896
Jun 20111903,79092.904.64$35,236
May 2011973,86998.134.40$26,561
Apr 20111993,744105.964.33$37,310
Mar 20111973,76996.364.06$34,275
Feb 20111883,27285.644.18$29,777
Jan 20112963,63986.504.59$42,303
Dec 20101913,47385.734.35$31,474
Nov 20101943,22580.843.80$27,923
Oct 20101893,28678.103.51$26,291
Sep 20102333,13072.633.98$29,379
Aug 20102003,24873.684.42$29,090
Jul 20101973,04772.554.74$28,724
Jun 2010942,78670.364.91$20,294
May 20101672,81871.124.24$23,812
Apr 20101992,77981.694.12$27,713
Mar 20102032,87378.394.39$28,522
Feb 20101002,45573.585.44$20,719
Jan 20102622,84674.365.96$36,456
Dec 20091852,82071.445.48$28,681
Nov 2009862,90674.593.75$17,317
Oct 20091902,71472.544.11$24,938
Sep 20091972,84065.543.06$21,615
Aug 20091642,70467.423.22$19,760
Jul 20091933,00161.133.46$22,195
Jun 20092742,93166.163.90$29,544
May 20091813,18254.743.93$22,400
Apr 20093823,03746.773.59$28,761
Mar 20093302,57742.144.06$24,366
Feb 20092741,91732.814.63$17,871
Jan 20092591,91535.865.37$19,573
Dec 20082901,59337.105.98$20,281
Nov 20082402,09655.496.86$27,697
Oct 20082552,31175.246.92$35,183
Sep 20082782,223101.767.88$45,800
Aug 20081782,320114.228.48$40,012
Jul 20082602,193131.0811.39$59,058
Jun 20082362,088131.3313.03$58,206
May 20081812,127123.1711.57$46,912
Apr 20081881,084110.3110.45$32,071
Mar 2008932,461101.909.66$33,260
Feb 200817098092.538.77$24,325
Jan 20082331,03890.388.21$29,576
Dec 20071751,04888.337.30$23,110
Nov 20071701,02791.677.29$23,072
Oct 20071631,07782.856.92$20,960
Sep 20071641,05175.846.24$19,000
Aug 2007951,07869.066.39$13,447
Jul 2007831,09370.906.39$12,867
Jun 20071741,06262.007.55$18,804
May 20071751,09758.747.85$18,887
Apr 2007841,05559.617.81$13,242
Mar 200717685856.927.30$16,283
Feb 200710155555.108.22$10,125
Jan 20079674050.306.73$9,807
Dec 200619078556.656.92$16,194
Nov 200616784054.207.62$15,450
Oct 200618590154.906.01$15,575
Sep 200623588960.085.04$18,597
Aug 200616594668.717.34$18,281
Jul 200617498869.376.34$18,337
Jun 200617192866.286.38$17,258
May 200614191566.016.42$15,186
Apr 200616890164.397.36$17,449
Mar 20066699056.707.08$10,754
Feb 20068990557.597.75$12,140
Jan 200614297060.598.93$17,269
Dec 200513978654.9413.42$18,181
Nov 20059364454.6910.59$11,905
Oct 20051951,12958.3413.80$26,952
Sep 20051901,11561.4512.08$25,144
Aug 20051001,15261.519.80$17,437
Jul 20051811,18055.697.84$19,335
Jun 20051741,01652.337.38$16,605
May 20051941,12545.226.65$16,255
Apr 20059287049.207.36$10,930
Mar 20051861,10350.377.15$17,261
Feb 200517797845.226.31$14,177
Jan 2005991,05643.166.32$10,949
Dec 20049695439.866.75$10,267
Nov 20041841,08745.286.33$15,213
Oct 20041961,16249.706.52$17,312
Sep 20041831,16043.245.28$14,042
Aug 20048879942.375.55$8,164
Jul 20041841,21638.286.08$14,442
Jun 2004931,16836.106.43$10,871
May 2004971,21237.486.49$11,507
Apr 20041631,17634.475.86$12,508
Mar 20041841,18834.365.53$12,892
Feb 2004791,09232.455.51$8,580
Jan 2004981,17032.036.30$10,510
Dec 20031871,15630.266.30$12,943
Nov 2003921,16228.804.60$7,989
Oct 20031841,24128.174.76$11,090
Sep 2003921,09426.314.75$7,616
Aug 2003961,13729.765.13$8,689
Jul 20031801,20229.415.17$11,509
Jun 20031821,00028.565.98$11,181
May 2003941,19926.595.97$9,661
Apr 20031661,13926.675.41$10,586
Mar 20031951,17631.146.10$13,241
Feb 20031601,09933.487.93$14,067
Jan 20031651,03530.315.58$10,779
Dec 2002881,14726.914.85$7,935
Nov 20021781,14524.664.14$9,126
Oct 20021901,23726.464.23$10,259
Sep 2002881,17327.443.64$6,679
Aug 20022551,15025.963.16$10,259
Jul 2002831,15124.583.06$5,564
Jun 2002901,12623.733.34$5,895
May 20021651,21724.663.58$8,431
Apr 20021831,10223.653.51$8,199
Mar 20022701,17622.003.10$9,589
Feb 2002951,01418.222.38$4,140
Jan 20021891,23017.172.38$6,167
Dec 20011761,07516.932.36$5,521
Nov 20011871,06118.072.41$5,931
Oct 20011801,15719.782.53$6,486
Sep 2001861,13524.262.25$4,642
Aug 20011961,16624.873.05$8,435
Jul 20011701,08423.933.20$7,534
Jun 20011751,22724.563.82$8,990
May 20011641,04525.524.31$8,686
Apr 20011851,16224.685.34$10,765
Mar 20012931,15224.545.38$13,384
Feb 2001851,03327.755.77$8,316
Jan 2001841,19327.478.40$12,327
Dec 20001741,18426.889.12$15,478
Nov 20001951,14332.215.66$12,748
Oct 20002011,22331.235.15$12,570
Sep 20001981,24931.875.19$12,788
Aug 20001861,29729.644.54$11,402
Jul 20001871,27128.534.09$10,533
Jun 20001731,18429.304.40$10,275
May 20001471,11027.263.68$8,092
Apr 20001841,20524.513.12$8,265
Mar 20001851,27828.422.86$8,912
Feb 20001671,26327.622.73$8,056
Jan 20001652,56825.272.48$10,539
Dec 19991801,53224.282.42$8,084
Nov 19991931,46423.192.43$8,039
Oct 19991951,65520.982.80$8,731
Sep 19992001,91421.752.62$9,362
Aug 19993001,84519.262.88$11,083
Jul 19991822,01617.892.37$8,039
Jun 19992881,77815.942.36$8,791
May 19991921,89315.792.32$7,425
Apr 19992891,85115.102.21$8,451
Mar 19991021,94812.471.84$4,853
Feb 19992901,7189.981.82$6,017
Jan 19991861,86810.381.90$5,480
Dec 19982941,8329.201.77$5,954
Nov 19982001,77410.892.19$6,055
Oct 19981961,92612.421.97$6,227
Sep 19982731,89712.592.08$7,388
Aug 19983002,03311.301.91$7,268
Jul 19981982,12011.742.24$7,068
Jun 19982922,05311.242.24$7,875
May 19981882,30312.622.21$7,454
Apr 199802,20213.042.51$5,517
Mar 19981761,92612.802.31$6,701
Feb 1998981,56613.952.30$4,968
Jan 19981011,75014.702.15$5,256
Dec 19972571,77116.322.41$8,464
Nov 1997991,84218.193.09$7,489
Oct 1997821,74619.253.15$7,078
Sep 19971981,80617.742.95$8,849
Aug 19971901,75917.862.55$7,887
Jul 19971951,92317.582.25$7,749
Jun 19972001,75717.242.26$7,414
May 19972781,19118.972.31$8,023
Apr 19973011,16017.882.08$7,798
Mar 19972961,23018.951.94$7,994
Feb 19973041,13420.492.21$8,730
Jan 19972841,21523.483.54$10,969
Dec 19961941,29023.32$4,524
Nov 19962921,23221.97$6,415
Oct 19963031,28923.31$7,063
Sep 19962931,14722.22$6,510
Aug 19961981,29720.26$4,011
Jul 19962932,56819.55$5,728
Jun 19962711,23318.73$5,076
May 19962961,27919.43$5,751
Apr 19962951,20221.51$6,345
Mar 19962871,25019.38$5,562
Feb 19962881,13216.98$4,890
Jan 19962821,25917.07$4,814
Dec 19952831,21017.19$4,865
Nov 199536280316.00$5,792

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                  159 bbl  × $ 89.75 =    $14,270
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $14,270

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/14127 is the state's own key, not one this site invented.