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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

9,346mcf gas, last 12 months+228% vs prior year
Operator
Merit Energy Company
County
Brooks County
Field
Home Run (Vicksburg Cons.)
RRC lease
04-206817

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Where it sits

This county

Brooks CountyBrooksDuvalJim HoggKenedyKlebergBrooks County
Brooks County
Oil, last 12 months
1,015 bbl
Gas in Jul 2026
1,517 mcf

Production by month

Gas output rose 228% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 228% over the last 12 monthsMonthly gas production and oil for PALMER STATE 348, Aug 2023 to Jul 2026. Gas output rose 228% over the last 12 months. 9,346 mcf in the 12 months through Jul 2026, against 2,850 mcf in the 12 months before.Last 12 months: 9,346 mcfmcf per monthbbl per month00500501,0001001,5001502,000200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 228% over the last 12 monthsMonthly gas production and oil for PALMER STATE 348, Aug 2023 to Jul 2026. Gas output rose 228% over the last 12 months. 9,346 mcf in the 12 months through Jul 2026, against 2,850 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00500501,0001001,5001502,000200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

89% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
89% 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. 89% 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
89% 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. 89% 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)

    89% · 8,330 mcf

  • Lease fuel (1)

    11% · 1,016 mcf

1 well on this lease

Wells on PALMER STATE 348
API numberWell no.Status
42-047-321329Active

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).

Who buys my oilOil price check

598 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Palmer State 348
API numberWell no.Acreson the permit
42-047-321329598

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 20261071871,5171,3570$80.46$2.89
Jun 20263501,6181,4390$84.81$3.15
May 20261051761,6051,4440$102.13$2.94
Apr 202612501,5601,4040$100.32$2.77
Mar 20261843431,6521,4770$91.38$3.04
Feb 20266702692340$64.51$3.62
Jan 20265001741480$60.04$7.72
Dec 20255802171850$57.97$4.26
Nov 2025401881541330$60.06$3.79
Oct 202510001721510$60.89$3.19
Sep 2025672042091850$63.96$2.97
Aug 20257701991730$64.86$2.91
Jul 202511803272860$68.39$3.20
Jun 2025481841791560$68.17$3.02
May 20252001641450$62.17$3.12
Apr 202511801681500$63.54$3.42
Mar 2025461882942610$68.24$4.12
Feb 20251501411210$71.53$4.19
Jan 20256503022620$75.74$4.13
Dec 20241061842962550$70.12$3.01
Nov 20247302181910$69.95$2.12
Oct 20246202542180$71.99$2.20
Sep 2024591872342000$70.24$2.28
Aug 202410302732330$76.68$1.99
Jul 2024531862482140$81.80$2.07
Jun 20248302602240$79.77$2.54
May 20247502582270$80.02$2.12
Apr 2024871772832480$85.35$1.60
Mar 20242703152770$81.28$1.49
Feb 2024531903342960$77.25$1.72
Jan 20245802792490$74.15$3.18
Dec 202315405525050$71.90$2.52
Nov 2023701891,0059420$77.69$2.71
Oct 20232010100$85.64$2.98
Sep 202317012110$89.43$2.64
Aug 202310330$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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