KINGSTREE RANCH GAS UNIT

Name: KINGSTREE RANCH GAS UNIT lease production and value, Oct 2012 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 268368District 06Field 985630832 tax incentive programmesCondensateGasSave Export

Value, all time

$11.3 M

Oct 2012 – May 2026

Value, last 12 filed months

$308 k

at the published price for each month

Months reported

164

no gaps in the span

Streams

condensate, gas

The WOODLAWN (COTTON VALLEY) field

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 368 leases and 368 wells, and the rule below applies to all of them.

Discovered

1965-01-10

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 20 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: “FIELD. EFFECTIVE 4/12/16.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2013-07-12	210613
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	24,996 bbl	$1,763,837
Gas	Production	2,703,363 Mcf	$9,506,864
Total			$11,270,701

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 32.6237, -94.4295. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.62367, -94.42949 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

10,083 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

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.

1100.0%

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 10,083 ft.

Completions filed

Oct 2012

1 of 1 wells

1 well


42-20335101	2H	10,083 ft	Oct 2012	—	—

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 (164)

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

164 months


May 2026	32	5,952	106.41	3.05	$21,534
Apr 2026	34	5,797	98.93	2.87	$19,999
Mar 2026	29	6,054	89.75	3.15	$21,669
Feb 2026	29	5,595	63.50	3.75	$22,825
Jan 2026	37	6,493	59.13	8.00	$54,118
Dec 2025	40	6,795	56.66	4.41	$32,255
Nov 2025	38	6,496	58.59	3.93	$27,733
Oct 2025	35	6,379	59.38	3.30	$23,160
Sep 2025	32	6,212	62.74	3.08	$21,122
Aug 2025	33	6,429	63.93	3.01	$21,492
Jul 2025	30	6,197	66.74	3.32	$22,546
Jun 2025	28	5,523	66.48	3.13	$19,141
May 2025	31	5,737	60.55	3.23	$20,421
Apr 2025	33	5,634	62.36	3.54	$22,020
Mar 2025	39	6,287	67.70	4.27	$29,475
Feb 2025	32	5,851	70.88	4.34	$27,666
Jan 2025	44	6,957	74.32	4.28	$33,037
Dec 2024	43	7,113	68.99	3.12	$25,169
Nov 2024	35	7,792	69.05	2.20	$19,547
Oct 2024	40	7,059	71.37	2.28	$18,959
Sep 2024	39	6,744	69.61	2.36	$18,660
Aug 2024	30	6,929	75.63	2.06	$16,568
Jul 2024	38	6,922	79.93	2.15	$17,896
Jun 2024	34	6,507	78.08	2.63	$19,794
May 2024	39	6,781	78.81	2.20	$17,981
Apr 2024	39	6,780	84.45	1.66	$14,543
Mar 2024	42	7,098	80.30	1.55	$14,340
Feb 2024	43	6,767	76.09	1.78	$15,342
Jan 2024	42	7,211	73.02	3.30	$26,846
Dec 2023	38	6,195	71.26	2.61	$18,881
Nov 2023	37	7,057	77.89	2.81	$22,695
Oct 2023	40	7,081	85.44	3.09	$25,279
Sep 2023	37	6,886	89.04	2.74	$22,128
Aug 2023	35	7,255	80.52	2.67	$22,210
Jul 2023	37	7,017	74.85	2.64	$21,307
Jun 2023	31	6,908	68.96	2.26	$17,739
May 2023	44	7,243	70.62	2.23	$19,240
Apr 2023	45	7,235	78.12	2.24	$19,706
Mar 2023	50	7,613	72.85	2.39	$21,862
Feb 2023	39	7,113	75.11	2.47	$20,468
Jan 2023	52	8,066	76.53	3.39	$31,305
Dec 2022	48	7,790	76.41	5.73	$48,297
Nov 2022	43	7,922	85.00	5.65	$48,384
Oct 2022	44	7,775	87.18	5.86	$49,427
Sep 2022	29	6,764	84.88	8.16	$57,681
Aug 2022	38	7,350	94.52	9.13	$70,676
Jul 2022	35	7,376	101.58	7.54	$59,186
Jun 2022	37	7,176	115.09	7.98	$61,503
May 2022	40	7,430	109.37	8.43	$67,032
Apr 2022	38	6,433	104.22	6.84	$47,947
Mar 2022	46	7,703	108.88	5.08	$44,112
Feb 2022	47	7,076	91.05	4.86	$38,661
Jan 2022	54	7,861	81.84	4.54	$40,090
Dec 2021	50	8,151	71.32	3.90	$35,348
Nov 2021	45	7,506	77.43	5.24	$42,792
Oct 2021	42	7,837	79.79	5.71	$48,131
Sep 2021	42	7,790	69.86	5.35	$44,618
Aug 2021	45	8,483	66.02	4.22	$38,774
Jul 2021	47	8,637	70.78	3.98	$37,720
Jun 2021	47	8,473	69.49	3.38	$31,910
May 2021	50	8,679	63.48	3.02	$29,364
Apr 2021	57	8,573	60.36	2.76	$27,088
Mar 2021	52	9,003	61.30	2.72	$27,648
Feb 2021	49	7,592	57.80	5.55	$44,952
Jan 2021	60	9,219	50.41	2.81	$28,932
Dec 2020	58	9,324	44.64	2.68	$27,535
Nov 2020	58	9,040	38.77	2.71	$26,716
Oct 2020	57	9,365	36.97	2.48	$25,318
Sep 2020	46	9,581	37.09	1.99	$20,782
Aug 2020	46	9,507	39.98	2.39	$24,514
Jul 2020	48	9,487	38.37	1.83	$19,157
Jun 2020	47	9,396	34.90	1.69	$17,522
May 2020	53	9,617	16.92	1.81	$18,349
Apr 2020	62	9,367	14.75	1.80	$17,816
Mar 2020	58	9,624	30.34	1.86	$19,624
Feb 2020	57	8,755	49.88	1.98	$20,184
Jan 2020	62	10,470	57.25	2.09	$25,481
Dec 2019	59	11,308	59.01	2.30	$29,539
Nov 2019	45	8,670	55.30	2.75	$26,337
Oct 2019	40	8,054	53.47	2.42	$21,618
Sep 2019	40	8,540	55.05	2.66	$24,895
Aug 2019	48	9,517	53.11	2.30	$24,480
Jul 2019	41	9,004	56.27	2.46	$24,457
Jun 2019	42	8,584	52.78	2.49	$23,601
May 2019	44	8,385	58.48	2.74	$25,551
Apr 2019	43	9,162	62.63	2.75	$27,895
Mar 2019	60	10,932	56.80	3.06	$36,883
Feb 2019	50	8,679	50.85	2.79	$26,776
Jan 2019	59	9,368	46.03	3.23	$32,957
Dec 2018	61	10,175	46.59	4.19	$45,429
Nov 2018	54	9,692	52.93	4.24	$43,926
Oct 2018	51	11,025	61.44	3.40	$40,597
Sep 2018	46	9,384	59.54	3.11	$31,904
Aug 2018	47	10,737	59.40	3.07	$35,717
Jul 2018	49	11,103	65.14	2.93	$35,745
Jun 2018	59	11,709	60.18	3.08	$39,578
May 2018	53	12,110	65.38	2.90	$38,594
Apr 2018	66	11,230	63.84	2.90	$36,789
Mar 2018	78	12,516	61.22	2.79	$39,655
Feb 2018	71	12,968	61.78	2.77	$40,257
Jan 2018	75	13,946	62.87	4.01	$60,629
Dec 2017	79	14,207	57.27	2.92	$46,030
Nov 2017	86	14,130	55.42	3.12	$48,829
Oct 2017	86	14,788	49.29	2.98	$48,362
Sep 2017	63	14,965	47.52	3.09	$49,195
Aug 2017	64	15,706	45.37	3.00	$50,091
Jul 2017	69	14,547	43.87	3.09	$47,938
Jun 2017	71	15,056	42.49	3.09	$49,499
May 2017	75	16,449	45.37	3.26	$57,082
Apr 2017	98	16,355	47.93	3.21	$57,223
Mar 2017	105	17,807	46.77	2.98	$58,041
Feb 2017	104	16,360	50.45	2.95	$53,551
Jan 2017	111	18,270	49.41	3.42	$67,946
Dec 2016	116	18,201	48.76	3.72	$73,415
Nov 2016	141	17,701	42.49	2.64	$52,799
Oct 2016	441	18,960	46.19	3.09	$78,961
Sep 2016	379	17,942	41.55	3.10	$71,379
Aug 2016	389	18,904	41.44	2.92	$71,402
Jul 2016	396	19,395	41.62	2.92	$73,199
Jun 2016	376	19,590	45.35	2.69	$69,667
May 2016	400	19,575	42.52	1.99	$55,983
Apr 2016	429	17,509	36.56	1.99	$50,545
Mar 2016	483	20,922	33.01	1.79	$53,478
Feb 2016	505	19,621	26.47	2.06	$53,858
Jan 2016	558	21,386	27.35	2.36	$65,826
Dec 2015	530	22,058	32.36	2.00	$61,298
Nov 2015	407	22,297	38.79	2.17	$64,112
Oct 2015	319	23,417	43.55	2.43	$70,716
Sep 2015	122	23,374	42.99	2.76	$69,720
Aug 2015	122	24,840	40.16	2.87	$76,252
Jul 2015	141	24,642	48.15	2.95	$79,362
Jun 2015	137	24,215	56.15	2.88	$77,501
May 2015	145	24,457	55.21	2.96	$80,287
Apr 2015	156	24,591	49.82	2.71	$74,329
Mar 2015	183	26,418	42.89	2.93	$85,378
Feb 2015	170	22,200	44.66	2.98	$73,664
Jan 2015	214	27,108	43.43	3.10	$93,346
Dec 2014	205	28,739	54.69	3.59	$114,424
Nov 2014	151	30,764	70.46	4.25	$141,443
Oct 2014	312	32,936	78.30	3.90	$152,912
Sep 2014	317	32,912	86.16	4.05	$160,456
Aug 2014	336	35,055	89.39	4.04	$171,486
Jul 2014	326	32,554	96.56	4.18	$167,541
Jun 2014	352	35,958	98.16	4.74	$204,881
May 2014	392	39,433	94.73	4.73	$223,517
Apr 2014	383	43,182	95.94	4.81	$244,412
Mar 2014	424	49,696	95.89	5.06	$291,960
Feb 2014	408	22,784	97.40	6.19	$180,818
Jan 2014	478	18,551	90.40	4.86	$133,382
Dec 2013	330	24,049	91.82	4.35	$135,021
Nov 2013	326	41,598	88.85	3.74	$184,470
Oct 2013	594	51,070	97.42	3.78	$250,879
Sep 2013	511	57,877	104.11	3.72	$268,372
Aug 2013	651	64,506	104.25	3.52	$295,096
Jul 2013	675	25,642	102.52	3.72	$164,531
Jun 2013	573	63,864	94.40	3.93	$305,295
May 2013	697	67,829	94.83	4.15	$347,524
Apr 2013	706	80,050	93.96	4.28	$409,157
Mar 2013	790	88,132	93.62	3.91	$418,809
Feb 2013	5	0	91.23	3.42	$456
Jan 2013	195	186	91.60	3.42	$18,498
Dec 2012	915	83,158	86.77	3.42	$363,808
Nov 2012	683	91,920	86.95	3.62	$392,593
Oct 2012	448	30,265	89.38	3.40	$142,934

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 2026 — as filed, then multipliedworked

Condensate            32 bbl  × $106.41 =     $3,405
Gas                5,952 Mcf  × $  3.05 =    $18,129

────────────────────────────────────────────────────
Month total                                  $21,534

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/268368 is the state's own key, not one this site invented.