KELLY HEIRS GAS UNIT (SA)

Name: KELLY HEIRS GAS UNIT (SA) lease production and value, May 2013 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 271404District 06Field 985630832 tax incentive programmesCondensateGasSave Export

Value, all time

$13.4 M

May 2013 – May 2026

Value, last 12 filed months

$344 k

at the published price for each month

Months reported

157

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	2014-03-22	212751
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	22,783 bbl	$1,606,356
Gas	Production	3,322,327 Mcf	$11,771,179
Total			$13,377,535

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 32.5776, -94.4397. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.57756, -94.43970 · 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

10,059 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 10,059 ft.

Completions filed

May 2013

1 of 1 wells

1 well


42-20335150	7H	10,059 ft	May 2013	—	—

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 (157)

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

157 months


May 2026	36	6,932	106.41	3.05	$24,945
Apr 2026	39	6,812	98.93	2.87	$23,407
Mar 2026	33	7,100	89.75	3.15	$25,323
Feb 2026	32	6,537	63.50	3.75	$26,548
Jan 2026	39	7,077	59.13	8.00	$58,907
Dec 2025	40	7,037	56.66	4.41	$33,323
Nov 2025	40	6,858	58.59	3.93	$29,271
Oct 2025	38	7,055	59.38	3.30	$25,572
Sep 2025	35	6,801	62.74	3.08	$23,122
Aug 2025	36	7,282	63.93	3.01	$24,255
Jul 2025	33	7,047	66.74	3.32	$25,565
Jun 2025	33	6,836	66.48	3.13	$23,582
May 2025	39	7,228	60.55	3.23	$25,725
Apr 2025	39	6,888	62.36	3.54	$26,837
Mar 2025	44	7,544	67.70	4.27	$35,179
Feb 2025	36	6,918	70.88	4.34	$32,582
Jan 2025	46	7,594	74.32	4.28	$35,911
Dec 2024	43	7,197	68.99	3.12	$25,431
Nov 2024	35	7,993	69.05	2.20	$19,989
Oct 2024	41	7,497	71.37	2.28	$20,030
Sep 2024	41	7,307	69.61	2.36	$20,130
Aug 2024	32	7,626	75.63	2.06	$18,157
Jul 2024	41	7,765	79.93	2.15	$19,945
Jun 2024	37	7,453	78.08	2.63	$22,520
May 2024	42	7,727	78.81	2.20	$20,297
Apr 2024	40	7,454	84.45	1.66	$15,746
Mar 2024	45	7,885	80.30	1.55	$15,797
Feb 2024	44	7,295	76.09	1.78	$16,360
Jan 2024	45	7,769	73.02	3.30	$28,905
Dec 2023	43	7,426	71.26	2.61	$22,451
Nov 2023	38	7,678	77.89	2.81	$24,516
Oct 2023	43	8,000	85.44	3.09	$28,372
Sep 2023	42	7,990	89.04	2.74	$25,593
Aug 2023	43	8,886	80.52	2.67	$27,214
Jul 2023	43	8,495	74.85	2.64	$25,661
Jun 2023	37	8,307	68.96	2.26	$21,313
May 2023	51	8,640	70.62	2.23	$22,846
Apr 2023	51	8,502	78.12	2.24	$23,010
Mar 2023	57	8,936	72.85	2.39	$25,538
Feb 2023	43	8,047	75.11	2.47	$23,071
Jan 2023	59	9,307	76.53	3.39	$36,045
Dec 2022	56	9,476	76.41	5.73	$58,568
Nov 2022	49	9,369	85.00	5.65	$57,064
Oct 2022	49	8,898	87.18	5.86	$56,448
Sep 2022	37	9,041	84.88	8.16	$76,948
Aug 2022	49	9,631	94.52	9.13	$92,535
Jul 2022	46	9,860	101.58	7.54	$79,038
Jun 2022	48	9,633	115.09	7.98	$82,369
May 2022	53	10,151	109.37	8.43	$91,400
Apr 2022	56	9,964	104.22	6.84	$73,966
Mar 2022	60	10,425	108.88	5.08	$59,454
Feb 2022	55	8,870	91.05	4.86	$48,106
Jan 2022	54	7,867	81.84	4.54	$40,117
Dec 2021	64	10,753	71.32	3.90	$46,492
Nov 2021	56	9,732	77.43	5.24	$55,301
Oct 2021	57	10,973	79.79	5.71	$67,246
Sep 2021	54	10,526	69.86	5.35	$60,096
Aug 2021	56	11,208	66.02	4.22	$51,001
Jul 2021	58	11,207	70.78	3.98	$48,732
Jun 2021	58	10,853	69.49	3.38	$40,720
May 2021	62	11,219	63.48	3.02	$37,791
Apr 2021	72	11,104	60.36	2.76	$34,975
Mar 2021	66	11,925	61.30	2.72	$36,445
Feb 2021	55	8,870	57.80	5.55	$52,389
Jan 2021	72	11,484	50.41	2.81	$35,903
Dec 2020	70	11,605	44.64	2.68	$34,174
Nov 2020	69	11,350	38.77	2.71	$33,395
Oct 2020	69	11,641	36.97	2.48	$31,402
Sep 2020	56	12,165	37.09	1.99	$26,298
Aug 2020	55	11,986	39.98	2.39	$30,787
Jul 2020	60	12,196	38.37	1.83	$24,561
Jun 2020	58	12,044	34.90	1.69	$22,382
May 2020	68	12,754	16.92	1.81	$24,296
Apr 2020	80	12,488	14.75	1.80	$23,713
Mar 2020	74	12,755	30.34	1.86	$25,921
Feb 2020	71	11,196	49.88	1.98	$25,717
Jan 2020	71	12,532	57.25	2.09	$30,316
Dec 2019	71	14,234	59.01	2.30	$36,990
Nov 2019	54	10,987	55.30	2.75	$33,208
Oct 2019	49	10,385	53.47	2.42	$27,737
Sep 2019	47	10,382	55.05	2.66	$30,175
Aug 2019	54	11,168	53.11	2.30	$28,603
Jul 2019	49	11,250	56.27	2.46	$30,433
Jun 2019	52	11,125	52.78	2.49	$30,459
May 2019	58	11,383	58.48	2.74	$34,585
Apr 2019	57	12,792	62.63	2.75	$38,757
Mar 2019	81	15,480	56.80	3.06	$52,002
Feb 2019	64	11,764	50.85	2.79	$36,102
Jan 2019	76	12,425	46.03	3.23	$43,608
Dec 2018	80	13,862	46.59	4.19	$61,746
Nov 2018	75	14,133	52.93	4.24	$63,855
Oct 2018	66	15,238	61.44	3.40	$55,835
Sep 2018	64	13,646	59.54	3.11	$46,222
Aug 2018	70	16,537	59.40	3.07	$54,870
Jul 2018	68	16,381	65.14	2.93	$52,457
Jun 2018	80	16,572	60.18	3.08	$55,805
May 2018	79	18,474	65.38	2.90	$58,754
Apr 2018	106	19,537	63.84	2.90	$63,440
Mar 2018	108	18,062	61.22	2.79	$56,948
Feb 2018	98	18,491	61.78	2.77	$57,203
Jan 2018	104	20,323	62.87	4.01	$88,020
Dec 2017	107	20,133	57.27	2.92	$64,947
Nov 2017	114	19,535	55.42	3.12	$67,235
Oct 2017	116	20,564	49.29	2.98	$67,074
Sep 2017	95	21,093	47.52	3.09	$69,634
Aug 2017	96	21,969	45.37	3.00	$70,359
Jul 2017	102	20,825	43.87	3.09	$68,767
Jun 2017	106	22,448	42.49	3.09	$73,807
May 2017	112	25,863	45.37	3.26	$89,483
Apr 2017	146	25,995	47.93	3.21	$90,483
Mar 2017	157	27,788	46.77	2.98	$90,253
Feb 2017	155	25,207	50.45	2.95	$82,246
Jan 2017	166	28,940	49.41	3.42	$107,142
Dec 2016	174	29,040	48.76	3.72	$116,595
Nov 2016	174	27,947	42.49	2.64	$81,295
Oct 2016	156	28,447	46.19	3.09	$95,114
Sep 2016	180	27,533	41.55	3.10	$92,849
Aug 2016	185	28,430	41.44	2.92	$90,805
Jul 2016	188	28,954	41.62	2.92	$92,496
Jun 2016	178	29,346	45.35	2.69	$86,891
May 2016	190	30,745	42.52	1.99	$69,293
Apr 2016	203	29,184	36.56	1.99	$65,528
Mar 2016	229	30,996	33.01	1.79	$63,166
Feb 2016	240	30,050	26.47	2.06	$68,365
Jan 2016	265	33,159	27.35	2.36	$85,648
Dec 2015	251	34,636	32.36	2.00	$77,443
Nov 2015	193	34,435	38.79	2.17	$82,118
Oct 2015	154	37,068	43.55	2.43	$96,655
Sep 2015	213	37,115	42.99	2.76	$111,536
Aug 2015	214	39,427	40.16	2.87	$121,848
Jul 2015	246	38,333	48.15	2.95	$124,739
Jun 2015	240	36,887	56.15	2.88	$119,816
May 2015	254	39,452	55.21	2.96	$130,622
Apr 2015	273	39,079	49.82	2.71	$119,371
Mar 2015	321	42,890	42.89	2.93	$139,637
Feb 2015	297	38,428	44.66	2.98	$127,633
Jan 2015	373	46,338	43.43	3.10	$159,876
Dec 2014	360	49,742	54.69	3.59	$198,330
Nov 2014	266	49,695	70.46	4.25	$230,038
Oct 2014	609	54,865	78.30	3.90	$261,711
Sep 2014	620	57,246	86.16	4.05	$285,004
Aug 2014	656	59,653	89.39	4.04	$299,347
Jul 2014	636	65,794	96.56	4.18	$336,405
Jun 2014	687	59,139	98.16	4.74	$347,570
May 2014	765	63,591	94.73	4.73	$373,035
Apr 2014	746	72,415	95.94	4.81	$419,824
Mar 2014	827	82,743	95.89	5.06	$497,716
Feb 2014	796	88,442	97.40	6.19	$625,163
Jan 2014	933	102,249	90.40	4.86	$581,347
Dec 2013	645	39,382	91.82	4.35	$230,712
Nov 2013	623	10,120	88.85	3.74	$93,185
Oct 2013	669	24,865	97.42	3.78	$159,148
Sep 2013	555	52,286	104.11	3.72	$252,167
Aug 2013	0	68,084	104.25	3.52	$239,833
Jul 2013	0	125,758	102.52	3.72	$467,536
Jun 2013	0	54,869	94.40	3.93	$215,822
May 2013	0	0	94.83	4.15	$0

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            36 bbl  × $106.41 =     $3,831
Gas                6,932 Mcf  × $  3.05 =    $21,114

────────────────────────────────────────────────────
Month total                                  $24,945

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/271404 is the state's own key, not one this site invented.