MERCHANT, C. W. -C-

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 14129District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$2.6 M
Nov 1995 – May 2026
Value, last 12 filed months
$0
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
OilDisposition44,041 bbl$2,041,811
Casinghead gasProduction148,086 Mcf$583,926
Total$2,625,737

13,114 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 31.5716, -101.6027. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.57169, -101.60275 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
8,112 ft
4 wells filed one
Completion to plug
55.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 8,050 and 8,146 ft, median 8,112 ft, over the 4 wells that filed a depth.

Completions filed
Nov 1970 – Jan 1971
4 of 4 wells
Plug dates filed
Apr 2026
1 of 4 wells; 3 filed none

Last completion to plug: a median of 55.4 years across the 1 well that filed both dates, with the middle half between 55.4 years and 55.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-3830063848,050 ftJan 1971
42-3830064138,107 ftDec 1970
42-3830063918,146 ftNov 1970
42-3830064028,117 ftNov 1970Apr 2026Yes

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 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
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 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20201034.901.69$35
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20191055.302.75$55
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 2017154057.272.92$8,820
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201702450.452.95$71
Jan 201709049.413.42$308
Dec 20160048.763.72$0
Nov 201617711642.492.64$7,827
Oct 2016034746.193.09$1,072
Sep 2016024841.553.10$769
Aug 20160041.442.92$0
Jul 201618042141.622.92$8,723
Jun 2016053645.352.69$1,440
May 201617854242.521.99$8,648
Apr 2016060736.561.99$1,209
Mar 201618055233.011.79$6,932
Feb 2016057626.472.06$1,189
Jan 201618374427.352.36$6,764
Dec 201517869732.362.00$7,155
Nov 201517670938.792.17$8,364
Oct 2015077143.552.43$1,871
Sep 201517873742.992.76$9,685
Aug 2015482240.162.87$2,522
Jul 201516878948.152.95$10,413
Jun 2015072156.152.88$2,079
May 201513979755.212.96$10,030
Apr 201516279849.822.71$10,231
Mar 201518881442.892.93$10,452
Feb 2015073944.662.98$2,199
Jan 201515877143.433.10$9,253
Dec 201417774154.693.59$12,341
Nov 201418771170.464.25$16,199
Oct 201418978578.303.90$17,861
Sep 2014076486.164.05$3,091
Aug 201418683189.394.04$19,980
Jul 2014181896.564.18$3,515
Jun 201418484098.164.74$22,040
May 201416987394.734.73$20,136
Apr 201418187295.944.81$21,559
Mar 2014084095.895.06$4,248
Feb 201418882097.406.19$23,389
Jan 201418590990.404.86$21,142
Dec 201318774691.824.35$20,419
Nov 2013162988.853.74$2,440
Oct 201318067997.423.78$20,102
Sep 20130619104.113.72$2,301
Aug 2013134269104.253.52$14,917
Jul 2013180210102.523.72$19,234
Jun 201318432594.403.93$18,648
May 201318433394.834.15$18,830
Apr 2013030393.964.28$1,298
Mar 201318332893.623.91$18,416
Feb 2013125391.233.42$956
Jan 201335030791.603.42$33,110
Dec 2012033386.773.42$1,139
Nov 201218930086.953.62$17,521
Oct 2012018689.383.40$632
Sep 201218737694.672.92$18,801
Aug 201218027392.662.91$17,473
Jul 201218526685.133.02$16,553
Jun 201218633579.822.52$15,690
May 2012033291.612.49$826
Apr 2012180381101.652.00$19,058
Mar 2012178496105.052.22$19,801
Feb 20120454101.102.57$1,167
Jan 201218449598.092.73$19,402
Dec 201118950296.873.24$19,935
Nov 201118250695.723.31$19,097
Oct 2011052184.983.65$1,901
Sep 201116438583.623.99$15,248
Aug 201117945183.404.15$16,800
Jul 201118348094.144.52$19,396
Jun 201118349292.904.64$19,284
May 201118553898.134.40$20,524
Apr 20110465105.964.33$2,015
Mar 201115251696.364.06$16,740
Feb 201133941985.644.18$30,783
Jan 201118048886.504.59$17,809
Dec 2010051285.734.35$2,226
Nov 201018350080.843.80$16,691
Oct 201018445078.103.51$15,949
Sep 201017941072.633.98$14,632
Aug 201018341473.684.42$15,313
Jul 2010046772.554.74$2,212
Jun 201015449570.364.91$13,266
May 201015449371.124.24$13,040
Apr 201018144481.694.12$16,616
Mar 201018441878.394.39$16,258
Feb 201035725473.585.44$27,650
Jan 2010136674.365.96$2,257
Dec 200918042771.445.48$15,201
Nov 200918148074.593.75$15,302
Oct 200918056972.544.11$15,396
Sep 2009028665.543.06$877
Aug 200915534267.423.22$11,551
Jul 200918437861.133.46$12,558
Jun 200918243366.163.90$13,728
May 200918143254.743.93$11,604
Apr 200918137246.773.59$9,800
Mar 200918129242.144.06$8,813
Feb 2009033832.814.63$1,566
Jan 200918836635.865.37$8,707
Dec 200818921537.105.98$8,297
Nov 200837127355.496.86$22,460
Oct 20081775.246.92$124
Sep 20080159101.767.88$1,252
Aug 2008179386114.228.48$23,720
Jul 2008174339131.0811.39$26,669
Jun 2008159385131.3313.03$25,899
May 2008184523123.1711.57$28,717
Apr 2008150408110.3110.45$20,812
Mar 2008309360101.909.66$34,966
Feb 200835741192.538.77$36,638
Jan 2008044790.388.21$3,668
Dec 200718238488.337.30$18,880
Nov 200717154291.677.29$19,628
Oct 200718037582.856.92$17,509
Sep 200718149675.846.24$16,824
Aug 200718154069.066.39$15,949
Jul 200735158170.906.39$28,597
Jun 2007056962.007.55$4,295
May 2007044458.747.85$3,484
Apr 200736159759.617.81$26,179
Mar 200718041856.927.30$13,298
Feb 2007031355.108.22$2,572
Jan 200718341250.306.73$11,976
Dec 200618248856.656.92$13,687
Nov 200617851254.207.62$13,548
Oct 2006054354.906.01$3,265
Sep 200616951560.085.04$12,748
Aug 200615754568.717.34$14,788
Jul 200618154969.376.34$16,038
Jun 200618253366.286.38$15,466
May 200618155366.016.42$15,501
Apr 200636552664.397.36$27,374
Mar 200617853156.707.08$13,854
Feb 2006047857.597.75$3,705
Jan 200618059560.598.93$16,222
Dec 200518566154.9413.42$19,031
Nov 200518240554.6910.59$14,242
Oct 200517940258.3413.80$15,989
Sep 200518143161.4512.08$16,329
Aug 200517858261.519.80$16,651
Jul 200532263855.697.84$22,936
Jun 200517873552.337.38$14,740
May 200534073645.226.65$20,270
Apr 200517722549.207.36$10,365
Mar 200517925950.377.15$10,869
Feb 2005023745.226.31$1,496
Jan 200511720743.166.32$6,358
Dec 2004019039.866.75$1,283
Nov 200417913745.286.33$8,972
Oct 200417735649.706.52$11,116
Sep 200417737843.245.28$9,651
Aug 200417822042.375.55$8,763
Jul 2004048538.286.08$2,951
Jun 200418054136.106.43$9,978
May 200418261937.486.49$10,842
Apr 200435853134.475.86$15,451
Mar 2004049434.365.53$2,732
Feb 200418153432.455.51$8,816
Jan 200418352332.036.30$9,156
Dec 200318564430.266.30$9,656
Nov 200318157228.804.60$7,841
Oct 200336660528.174.76$13,190
Sep 200317962626.314.75$7,683
Aug 200317965329.765.13$8,677
Jul 200318373029.415.17$9,157
Jun 200317752828.565.98$8,214
May 200318450826.595.97$7,927
Apr 200316055626.675.41$7,274
Mar 200318944031.146.10$8,568
Feb 200319042333.487.93$9,714
Jan 200316547430.315.58$7,647
Dec 200218252826.914.85$7,460
Nov 200218351624.664.14$6,647
Oct 200217954326.464.23$7,033
Sep 200218451127.443.64$6,907
Aug 200218255425.963.16$6,478
Jul 200218861224.583.06$6,495
Jun 200218056523.733.34$6,158
May 200218260524.663.58$6,656
Apr 200235338323.653.51$9,694
Mar 200218330222.003.10$4,963
Feb 200217553918.222.38$4,469
Jan 200216657317.172.38$4,211
Dec 200119053316.932.36$4,477
Nov 200119156718.072.41$4,815
Oct 200117359819.782.53$4,934
Sep 200117658224.262.25$5,580
Aug 200131062024.873.05$9,603
Jul 200117769323.933.20$6,451
Jun 200117279824.563.82$7,276
May 200116982125.524.31$7,849
Apr 200118479724.685.34$8,793
Mar 200117678924.545.38$8,561
Feb 200116360427.755.77$8,007
Jan 200118373127.478.40$11,167
Dec 200036274926.889.12$16,563
Nov 200018274832.215.66$10,094
Oct 200017683431.235.15$9,788
Sep 200018171631.875.19$9,482
Aug 200016674329.644.54$8,294
Jul 200017776128.534.09$8,162
Jun 200013646229.304.40$6,016
May 200015153727.263.68$6,092
Apr 200019477124.513.12$7,157
Mar 200035379628.422.86$12,309
Feb 200018472327.622.73$7,053
Jan 20001851,50225.272.48$8,401
Dec 199918672524.282.42$6,273
Nov 199936272423.192.43$10,157
Oct 1999072920.982.80$2,044
Sep 199923071021.752.62$6,862
Aug 199918776819.262.88$5,810
Jul 199937078517.892.37$8,482
Jun 199917982415.942.36$4,800
May 199917589915.792.32$4,850
Apr 199918480215.102.21$4,549
Mar 199936285212.471.84$6,080
Feb 19991807639.981.82$3,183
Jan 199917684410.381.90$3,430
Dec 19983478579.201.77$4,712
Nov 199817889210.892.19$3,888
Oct 199845694512.421.97$7,524
Sep 1998070012.592.08$1,458
Aug 199817269311.301.91$3,265
Jul 199817974511.742.24$3,768
Jun 199823677211.242.24$4,380
May 199818290812.622.21$4,300
Apr 199818085613.042.51$4,492
Mar 199836089712.802.31$6,680
Feb 199819875513.952.30$4,498
Jan 199835083714.702.15$6,949
Dec 199722080716.322.41$5,536
Nov 199718180318.193.09$5,772
Oct 199716688219.253.15$5,974
Sep 199729787217.742.95$7,845
Aug 199732192917.862.55$8,106
Jul 199724889917.582.25$6,380
Jun 199716881117.242.26$4,727
May 199722573518.972.31$5,965
Apr 199718283217.882.08$4,987
Mar 199726387218.951.94$6,675
Feb 199724574620.492.21$6,666
Jan 199718485823.483.54$7,357
Dec 199630690323.32$7,136
Nov 199634287021.97$7,514
Oct 199634490823.31$8,019
Sep 199623684222.22$5,244
Aug 199617293720.26$3,485
Jul 19961711,83219.55$3,343
Jun 199634291618.73$6,406
May 199617194919.43$3,323
Apr 199621691521.51$4,646
Mar 199634391719.38$6,647
Feb 199617577316.98$2,972
Jan 199634686417.07$5,906
Dec 199516990617.19$2,905
Nov 199559058216.00$9,440

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.

Jun 2020 — as filed, then multipliedworked
Oil                    1 bbl  × $ 34.90 =        $35
Casinghead gas         0 Mcf  × $  1.69 =         $0

────────────────────────────────────────────────────
Month total                                      $35

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/14129 is the state's own key, not one this site invented.