KINGSTREE RANCH GAS UNIT "E"

Operated by MERIT ENERGY COMPANY (P-5 561136) in the HALLSVILLE, NE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 206036District 06Field 382912002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Jun 2004 – Jun 2020
Value, last 12 filed months
$15
at the published price for each month
Months reported
193
no gaps in the span
Streams
2
condensate, 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 43 leases and 43 wells, and the rule below applies to all of them.

Discovered
1980-01-17
as the register files it
Field class
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 40 acres. The field rule took effect on 2014-06-17.

The Commission's schedule remark for this field reads: FROM OCTOBER TO DECEMBER. SEE DOCKET FOR HORIZONTAL RULES.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112007-09-27177330
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition4,614 bbl$337,348
GasProduction355,283 Mcf$2,247,248
Total$2,584,596

Wells on this lease (1)

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 32.6406, -94.4065. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.64063, -94.40649 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,633 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
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.
00.0%

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

The one well that filed a depth was drilled to 10,633 ft.

Completions filed
Feb 2021
1 of 1 wells

1 well

42-20332916110,633 ftFeb 2021Yes

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 (193)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

193 months

Jun 20200034.901.69$0
May 20200816.921.81$15
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 20190055.302.75$0
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 20170057.272.92$0
Nov 2017022155.423.12$689
Oct 201701,90049.292.98$5,669
Sep 201701,92347.523.09$5,937
Aug 2017030345.373.00$910
Jul 2017010643.873.09$327
Jun 201704942.493.09$151
May 20170045.373.26$0
Apr 201703147.933.21$100
Mar 201705346.772.98$158
Feb 201701550.452.95$44
Jan 201705249.413.42$178
Dec 201605148.763.72$190
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 201606041.622.92$175
Jun 201605345.352.69$142
May 201609242.521.99$183
Apr 201605736.561.99$113
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201508043.552.43$194
Sep 2015172742.992.76$805
Aug 2015175640.162.87$844
Jul 2015193748.152.95$1,024
Jun 20151910456.152.88$1,367
May 20152013355.212.96$1,497
Apr 20152110749.822.71$1,336
Mar 20150042.892.93$0
Feb 20151044.662.98$45
Jan 2015303343.433.10$1,405
Dec 2014293254.693.59$1,701
Nov 2014202270.464.25$1,503
Oct 201417478.303.90$1,347
Sep 20141851186.164.05$3,618
Aug 2014191,08689.394.04$6,081
Jul 2014181,13396.564.18$6,474
Jun 20141992298.164.74$6,232
May 2014221,24694.734.73$7,973
Apr 2014211,33395.944.81$8,425
Mar 2014231,39595.895.06$9,260
Feb 2014221,27797.406.19$10,050
Jan 2014271,53790.404.86$9,912
Dec 2013182,24691.824.35$11,433
Nov 2013181,06988.853.74$5,596
Oct 2013191,90597.423.78$9,051
Sep 2013161,963104.113.72$8,964
Aug 2013211,808104.253.52$8,558
Jul 2013352,225102.523.72$11,860
Jun 2013301,58894.403.93$9,078
May 2013371,79294.834.15$10,944
Apr 2013371,76493.964.28$11,031
Mar 2013431,72393.623.91$10,768
Feb 2013451,83991.233.42$10,395
Jan 2013461,80191.603.42$10,373
Dec 2012401,27686.773.42$7,835
Nov 2012271,25986.953.62$6,911
Oct 2012271,34989.383.40$6,999
Sep 20121251,16094.672.92$15,219
Aug 20121511,23192.662.91$17,572
Jul 20121891,78385.133.02$21,476
Jun 2012261,72179.822.52$6,411
May 2012301,68791.612.49$6,946
Apr 2012311,751101.652.00$6,648
Mar 2012321,823105.052.22$7,412
Feb 2012371,698101.102.57$8,105
Jan 2012451,94398.092.73$9,726
Dec 2011631,83596.873.24$12,048
Nov 2011451,72695.723.31$10,023
Oct 2011441,78084.983.65$10,234
Sep 2011391,60483.623.99$9,654
Aug 2011502,13183.404.15$13,012
Jul 20112094.144.52$188
Jun 2011351,51892.904.64$10,295
May 2011361,42098.134.40$9,788
Apr 2011421,444105.964.33$10,708
Mar 2011451,45896.364.06$10,252
Feb 2011371,20785.644.18$8,214
Jan 2011381,21086.504.59$8,839
Dec 2010381,46685.734.35$9,632
Nov 2010201,42880.843.80$7,037
Oct 2010211,52678.103.51$6,995
Sep 2010201,62372.633.98$7,911
Aug 2010151,92773.684.42$9,621
Jul 2010132,15172.554.74$11,131
Jun 2010181,49870.364.91$8,622
May 2010241,63671.124.24$8,636
Apr 20101211,71481.694.12$16,951
Mar 20101102,35478.394.39$18,954
Feb 20102073.585.44$147
Jan 20102235774.365.96$3,765
Dec 2009741,58471.445.48$13,973
Nov 2009401,82674.593.75$9,834
Oct 2009451,93272.544.11$11,205
Sep 2009432,26965.543.06$9,772
Aug 2009351,29367.423.22$6,521
Jul 2009461,37261.133.46$7,565
Jun 2009591,74766.163.90$10,708
May 2009181,90154.743.93$8,448
Apr 2009192,17846.773.59$8,702
Mar 2009202,20842.144.06$9,805
Feb 2009182,02132.814.63$9,954
Jan 2009172,45735.865.37$13,806
Dec 2008182,53137.105.98$15,796
Nov 2008142,14055.496.86$15,458
Oct 2008362,62075.246.92$20,844
Sep 2008292,065101.767.88$19,217
Aug 2008332,589114.228.48$25,732
Jul 2008322,610131.0811.39$33,921
Jun 200892,612131.3313.03$35,223
May 200892,661123.1711.57$31,908
Apr 2008102,876110.3110.45$31,171
Mar 2008102,889101.909.66$28,939
Feb 2008142,65392.538.77$24,564
Jan 2008153,00090.388.21$25,973
Dec 2007142,80288.337.30$21,697
Nov 2007242,75391.677.29$22,274
Oct 2007282,99482.856.92$23,044
Sep 2007242,88175.846.24$19,810
Aug 2007252,95469.066.39$20,596
Jul 2007242,92170.906.39$20,361
Jun 2007272,88862.007.55$23,474
May 2007273,02658.747.85$25,329
Apr 2007293,19259.617.81$26,643
Mar 2007293,15156.927.30$24,659
Feb 2007302,89355.108.22$25,422
Jan 2007283,22050.306.73$23,069
Dec 2006163,35056.656.92$24,083
Nov 2006163,46754.207.62$27,277
Oct 2006143,63854.906.01$22,647
Sep 2006153,69360.085.04$19,504
Aug 2006163,94668.717.34$30,063
Jul 2006153,90569.376.34$25,809
Jun 2006143,78466.286.38$25,085
May 2006194,22166.016.42$28,374
Apr 2006234,31264.397.36$33,219
Mar 2006274,36556.707.08$32,448
Feb 2006183,97257.597.75$31,824
Jan 2006244,69660.598.93$43,405
Dec 2005184,87654.9413.42$66,402
Nov 200553,17354.6910.59$33,870
Oct 200564,66058.3413.80$64,638
Sep 200564,69561.4512.08$57,080
Aug 200574,75661.519.80$47,024
Jul 200575,04055.697.84$39,922
Jun 200575,07152.337.38$37,796
May 200585,00845.226.65$33,671
Apr 200595,28549.207.36$39,343
Mar 2005105,80450.377.15$42,031
Feb 2005105,62645.226.31$35,963
Jan 2005126,75143.166.32$43,199
Dec 2004187,34339.866.75$50,291
Nov 20041127,38545.286.33$51,822
Oct 20041338,31649.706.52$60,790
Sep 20041429,26443.245.28$55,090
Aug 200418612,01142.375.55$74,550
Jul 200429420,90938.286.08$138,468
Jun 20041178636.106.43$5,453

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.

May 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 16.92 =         $0
Gas                    8 Mcf  × $  1.81 =        $15

────────────────────────────────────────────────────
Month total                                      $15

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. 06/G/206036 is the state's own key, not one this site invented.