KELLY HEIRS GAS UNIT

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 271684District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.1 M
May 2013 – May 2026
Value, last 12 filed months
$292 k
at the published price for each month
Months reported
157
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112016-09-30219601
NGPA2none

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
CondensateDisposition10,519 bbl$577,479
GasProduction2,154,756 Mcf$7,498,975
Total$8,076,454

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 32.5808, -94.4337. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.58081, -94.43372 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,923 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 9,923 ft.

Completions filed
May 2013
1 of 1 wells

1 well

42-203351446H9,923 ftMay 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 2026675,153106.413.05$22,825
Apr 2026714,93798.932.87$21,192
Mar 2026615,22189.753.15$21,918
Feb 2026584,69963.503.75$21,306
Jan 2026735,29659.138.00$46,673
Dec 2025765,32256.664.41$27,794
Nov 2025755,17058.593.93$24,694
Oct 2025725,38059.383.30$22,055
Sep 2025665,18162.743.08$20,082
Aug 2025685,41363.933.01$20,666
Jul 2025625,20966.743.32$21,407
Jun 2025665,30766.483.13$20,992
May 2025745,60060.553.23$22,582
Apr 2025735,18462.363.54$22,920
Mar 2025795,41367.704.27$28,453
Feb 2025654,95870.884.34$26,129
Jan 2025855,51474.324.28$29,910
Dec 2024835,58968.993.12$23,172
Nov 2024696,14769.052.20$18,278
Oct 2024785,72171.372.28$18,619
Sep 2024795,60369.612.36$18,747
Aug 2024625,86075.632.06$16,782
Jul 2024725,91679.932.15$18,454
Jun 2024545,74978.082.63$19,359
May 2024626,00078.812.20$18,077
Apr 2024595,26284.451.66$13,713
Mar 2024605,22480.301.55$12,890
Feb 2024374,46876.091.78$10,785
Jan 2024294,67473.023.30$17,531
Dec 2023314,35871.262.61$13,587
Nov 2023325,68177.892.81$18,442
Oct 2023365,99885.443.09$21,593
Sep 2023305,03589.042.74$16,442
Aug 2023295,47080.522.67$16,956
Jul 2023315,25874.852.64$16,211
Jun 2023296,03268.962.26$15,623
May 2023385,72070.622.23$15,424
Apr 2023395,65378.122.24$15,697
Mar 2023436,03672.852.39$17,578
Feb 2023345,70275.112.47$16,613
Jan 2023497,09976.533.39$27,799
Dec 2022436,51776.415.73$40,622
Nov 2022396,49185.005.65$39,964
Oct 2022416,60587.185.86$42,305
Sep 2022326,96484.888.16$59,568
Aug 2022417,37594.529.13$71,188
Jul 2022357,110101.587.54$57,179
Jun 2022224,030115.097.98$34,680
May 2022294,677109.378.43$42,613
Apr 2022355,538104.226.84$41,514
Mar 2022406,079108.885.08$35,215
Feb 2022446,10191.054.86$33,650
Jan 2022466,19781.844.54$31,885
Dec 2021497,27771.323.90$31,869
Nov 2021457,13077.435.24$40,823
Oct 2021447,43779.795.71$46,005
Sep 2021427,32169.865.35$42,108
Aug 2021447,79166.024.22$35,788
Jul 2021478,02670.783.98$35,287
Jun 2021477,78769.493.38$29,591
May 2021508,04163.483.02$27,439
Apr 2021577,93360.362.76$25,323
Mar 2021528,05761.302.72$25,078
Feb 2021527,45657.805.55$44,371
Jan 2021618,56950.412.81$27,156
Dec 2020598,69844.642.68$25,905
Nov 2020588,61338.772.71$25,560
Oct 2020578,54036.972.48$23,273
Sep 2020499,40937.091.99$20,551
Aug 2020499,30639.982.39$24,155
Jul 2020539,66138.371.83$19,666
Jun 2020458,52634.901.69$15,982
May 2020467,56216.921.81$14,501
Apr 2020659,28514.751.80$17,712
Mar 2020588,89030.341.86$18,262
Feb 2020547,65449.881.98$17,854
Jan 2020538,35757.252.09$20,540
Dec 2019468,37259.012.30$22,007
Nov 2019447,87255.302.75$24,087
Oct 2019407,49253.472.42$20,259
Sep 2019397,70255.052.66$22,613
Aug 2019458,06953.112.30$20,984
Jul 2019438,90956.272.46$24,336
Jun 2019407,30552.782.49$20,309
May 2019447,51858.482.74$23,175
Apr 2019458,95162.632.75$27,440
Mar 20196210,42156.803.06$35,432
Feb 2019538,60650.852.79$26,725
Jan 2019659,55446.033.23$33,834
Dec 20186710,34646.594.19$46,424
Nov 20186010,02952.934.24$45,671
Oct 20185611,36161.443.40$42,046
Sep 20185510,48559.543.11$35,862
Aug 20185812,25459.403.07$41,023
Jul 20185912,58565.142.93$40,741
Jun 20186912,73060.183.08$43,322
May 20186714,04765.382.90$45,128
Apr 20189014,72463.842.90$48,457
Mar 20189113,53761.222.79$43,296
Feb 20188013,40261.782.77$42,014
Jan 20188815,31962.874.01$66,951
Dec 20178814,69457.272.92$47,969
Nov 20179915,12655.423.12$52,655
Oct 201710115,92049.292.98$52,478
Sep 20177516,32747.523.09$53,970
Aug 20177617,15945.373.00$55,001
Jul 20178213,36343.873.09$44,853
Jun 20178415,91242.493.09$52,694
May 20178917,26045.373.26$60,364
Apr 201711616,96647.933.21$60,048
Mar 201712518,10346.772.98$59,860
Feb 201712315,95950.452.95$53,326
Jan 201713218,15649.413.42$68,594
Dec 201613817,60848.763.72$72,280
Nov 201613918,41142.492.64$54,591
Oct 201612619,60646.193.09$66,408
Sep 201616119,95441.553.10$68,560
Aug 201616621,00941.442.92$68,317
Jul 201616921,97041.622.92$71,282
Jun 201616022,74945.352.69$68,356
May 201617023,81742.521.99$54,649
Apr 201618223,39936.561.99$53,242
Mar 201620526,67433.011.79$54,620
Feb 201621524,47126.472.06$56,190
Jan 201623721,55327.352.36$57,441
Dec 201522522,85232.362.00$53,017
Nov 201517223,08038.792.17$56,694
Oct 201512623,69043.552.43$62,973
Sep 20159123,52742.992.76$68,809
Aug 20159122,14640.162.87$67,269
Jul 201510524,54448.152.95$77,340
Jun 201510224,32156.152.88$75,841
May 201510825,75955.212.96$82,092
Apr 201511626,76049.822.71$78,207
Mar 201513727,40342.892.93$86,296
Feb 201512726,78544.662.98$85,389
Jan 201515931,94643.433.10$105,958
Dec 201415334,12254.693.59$130,912
Nov 201410434,36170.464.25$153,425
Oct 2014039,38178.303.90$153,624
Sep 2014042,39186.164.05$171,490
Aug 2014043,33689.394.04$174,866
Jul 2014046,92896.564.18$196,140
Jun 2014041,88898.164.74$198,418
May 2014038,30794.734.73$181,060
Apr 2014047,94295.944.81$230,559
Mar 2014052,86795.895.06$267,338
Feb 2014049,51997.406.19$306,622
Jan 2014038,50390.404.86$187,152
Dec 2013031,25391.824.35$136,091
Nov 2013013,82588.853.74$51,682
Oct 201306,12497.423.78$23,145
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 2013055,266102.523.72$205,465
Jun 2013033,95294.403.93$133,547
May 20130094.834.15$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            67 bbl  × $106.41 =     $7,129
Gas                5,153 Mcf  × $  3.05 =    $15,695

────────────────────────────────────────────────────
Month total                                  $22,825

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/271684 is the state's own key, not one this site invented.