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Texas gas well

Producing

PALMER STATE 348

Palmer State 348 is a gas well in Brooks County, Texas, operated by Merit Energy Company in the Home Run (Vicksburg Cons.) field.

1 well

15,545mcf gas, last 12 months−15% vs prior year
Operator
Merit Energy Company
County
Brooks County
Field
Home Run (Vicksburg Cons.)
RRC lease
04-200004

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Where it sits

This county

Brooks CountyBrooksDuvalJim HoggKenedyKlebergBrooks County
Brooks County
Oil, last 12 months
680 bbl
Gas in Jul 2026
1,512 mcf

Production by month

Gas output fell 15% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 15% over the last 12 monthsMonthly gas production and oil for PALMER STATE 348, Aug 2023 to Jul 2026. Gas output fell 15% over the last 12 months. 15,545 mcf in the 12 months through Jul 2026, against 18,218 mcf in the 12 months before.Last 12 months: 15,545 mcfmcf per monthbbl per month001,000252,000503,000754,0001005,000125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 15% over the last 12 monthsMonthly gas production and oil for PALMER STATE 348, Aug 2023 to Jul 2026. Gas output fell 15% over the last 12 months. 15,545 mcf in the 12 months through Jul 2026, against 18,218 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,000252,000503,000754,0001005,000125Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

88% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
88% of the gas went to a transmission line in the last 12 monthsShare of PALMER STATE 348 gas by disposition code each month, Aug 2023 to Jul 2026. 88% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
88% of the gas went to a transmission line in the last 12 monthsShare of PALMER STATE 348 gas by disposition code each month, Aug 2023 to Jul 2026. 88% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    88% · 13,666 mcf

  • Lease fuel (1)

    12% · 1,879 mcf

1 well on this lease

Wells on PALMER STATE 348
API numberWell no.Status
42-047-320948Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Shell Trading (Us) CompanyCondensateGathers34Oct 1, 2023–
Enterprise Crude Oil LLCCondensateGathers33Oct 1, 2023–
Gulfmark Energy, Inc.CondensateGathers33Oct 1, 2023–
Merit Energy CompanyGas-well gasBuys100Nov 1, 2017–
Merit Energy CompanyGas-well gasGathers100Nov 1, 2017–
Buckhead Midstream, LLCCondensateGathers50Mar 1, 2022Oct 1, 2023
Gulfmark Energy, Inc.CondensateGathers50Aug 1, 2021Oct 1, 2023
Shell Trading (Us) CompanyCondensateGathers50Aug 1, 2021Mar 1, 2022
Shell Trading (Us) CompanyCondensateGathers100Nov 1, 2017Aug 1, 2021

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

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598 acres on the newest permit

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Permits for Palmer State 348
API numberWell no.Acreson the permit
42-047-320948598

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PALMER STATE 348
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202658351,5121,3520$80.46$2.89
Jun 202637416725980$84.81$3.15
May 202656761,4941,3440$102.13$2.94
Apr 202642411,1491,0340$100.32$2.77
Mar 202659471,3101,1710$91.38$3.04
Feb 2026651071,2171,0580$64.51$3.62
Jan 202679411,3801,1740$60.04$7.72
Dec 202562411,2301,0500$57.97$4.26
Nov 202554621,3001,1250$60.06$3.79
Oct 202560431,4401,2660$60.89$3.19
Sep 202552861,4061,2470$63.96$2.97
Aug 202556551,4351,2470$64.86$2.91
Jul 202575841,5831,3860$68.39$3.20
Jun 202563431,3781,2000$68.17$3.02
May 202553821,6311,4450$62.17$3.12
Apr 202553401,4811,3260$63.54$3.42
Mar 202573401,5901,4130$68.24$4.12
Feb 202537861,1339710$71.53$4.19
Jan 202566371,4461,2530$75.74$4.13
Dec 202475841,5471,3320$70.12$3.01
Nov 202460431,6091,4110$69.95$2.12
Oct 202474861,8031,5470$71.99$2.20
Sep 202424211,2711,0880$70.24$2.28
Aug 202463781,7461,4920$76.68$1.99
Jul 202473411,9641,6920$81.80$2.07
Jun 202462841,9921,7160$79.77$2.54
May 202465812,0631,8170$80.02$2.12
Apr 202473411,9041,6660$85.35$1.60
Mar 2024781252,0701,8190$81.28$1.49
Feb 202465411,4581,2910$77.25$1.72
Jan 202492811,5231,3570$74.15$3.18
Dec 202396991,4911,3630$71.90$2.52
Nov 2023108862,8582,6790$77.69$2.71
Oct 2023100122000$85.64$2.98
Sep 202312452,6982,5780$89.43$2.64
Aug 202300000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorMerit Energy CompanyFieldHome Run (Vicksburg Cons.)CountyBrooks County

Merit Energy Company in Brooks County

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Home Run (Vicksburg Cons.) field

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