KINGSTREE RANCH GAS UNIT "D"

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 271766District 06Field 382912002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.7 M
Feb 2014 – May 2026
Value, last 12 filed months
$266 k
at the published price for each month
Months reported
148
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 Gas112015-12-17213172
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
CondensateDisposition25,918 bbl$1,788,425
GasProduction2,370,812 Mcf$7,931,193
Total$9,719,618

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 32.6459, -94.4251. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.64586, -94.42510 · 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
10,001 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 10,001 ft.

Completions filed
Feb 2014
1 of 1 wells

1 well

42-203351743H10,001 ftFeb 2014

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 (148)

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

148 months

May 2026335,177106.413.05$19,280
Apr 2026365,14798.932.87$18,332
Mar 2026295,23889.753.15$19,100
Feb 2026274,64963.503.75$19,150
Jan 2026345,01459.138.00$42,112
Dec 2025385,47356.664.41$26,307
Nov 2025375,36758.593.93$23,241
Oct 2025355,53459.383.30$20,367
Sep 2025345,38962.743.08$18,715
Aug 2025355,65663.933.01$19,289
Jul 2025335,68066.743.32$21,033
Jun 2025335,53966.483.13$19,524
May 2025375,70660.553.23$20,684
Apr 2025385,56262.363.54$22,077
Mar 2025425,93467.704.27$28,172
Feb 2025345,41170.884.34$25,898
Jan 2025435,76774.324.28$27,871
Dec 2024405,91068.993.12$21,207
Nov 2024264,58069.052.20$11,864
Oct 2024416,27771.372.28$17,247
Sep 2024385,56269.612.36$15,796
Aug 2024305,84475.632.06$14,329
Jul 2024375,81679.932.15$15,442
Jun 2024335,42278.082.63$16,858
May 2024375,63778.812.20$15,309
Apr 2024365,38484.451.66$11,973
Mar 2024385,49080.301.55$11,534
Feb 2024385,11476.091.78$12,013
Jan 2024395,50773.023.30$21,008
Dec 2023405,51571.262.61$17,249
Nov 2023376,01777.892.81$19,775
Oct 2023396,12185.443.09$22,229
Sep 2023274,04289.042.74$13,459
Aug 2023417,05280.522.67$22,150
Jul 2023457,58074.852.64$23,393
Jun 2023345,98768.962.26$15,866
May 2023588,13670.622.23$22,218
Apr 2023577,95878.122.24$22,261
Mar 2023607,89072.852.39$23,253
Feb 2023446,83775.112.47$20,163
Jan 2023567,33376.533.39$29,128
Dec 2022537,57476.415.73$47,442
Nov 2022456,90085.005.65$42,784
Oct 2022527,72787.185.86$49,843
Sep 2022408,02384.888.16$68,892
Aug 2022508,44894.529.13$81,832
Jul 2022467,904101.587.54$64,285
Jun 2022508,415115.097.98$72,883
May 2022568,761109.378.43$80,007
Apr 2022578,368104.226.84$63,158
Mar 2022608,574108.885.08$50,058
Feb 2022587,40591.054.86$41,261
Jan 2022648,25381.844.54$42,687
Dec 2021547,25971.323.90$32,155
Nov 2021598,38177.435.24$48,458
Oct 2021578,97179.795.71$55,807
Sep 2021569,05069.865.35$52,338
Aug 2021589,35766.024.22$43,321
Jul 2021609,42470.783.98$41,774
Jun 2021599,15469.493.38$35,046
May 2021649,55563.483.02$32,897
Apr 2021749,44260.362.76$30,512
Mar 2021699,92061.302.72$31,182
Feb 2021668,72157.805.55$52,198
Jan 20217810,17850.412.81$32,535
Dec 20207610,45344.642.68$31,359
Nov 2020749,93438.772.71$29,756
Oct 20207210,09136.972.48$27,672
Sep 20205610,08237.091.99$22,151
Aug 20205710,08639.982.39$26,335
Jul 20206310,61738.371.83$21,795
Jun 20206110,63234.901.69$20,100
May 20207111,06416.921.81$21,280
Apr 20208310,71914.751.80$20,565
Mar 20207710,96530.341.86$22,690
Feb 2020749,62549.881.98$22,755
Jan 20207710,96757.252.09$27,381
Dec 20198113,41459.012.30$35,691
Nov 2019529,20055.302.75$28,182
Oct 2019478,47653.472.42$23,013
Sep 2019478,95255.052.66$26,375
Aug 2019549,65253.112.30$25,110
Jul 2019499,72556.272.46$26,681
Jun 2019519,20352.782.49$25,618
May 2019559,83058.482.74$30,154
Apr 2019499,40462.632.75$28,936
Mar 20197712,83156.803.06$43,663
Feb 2019629,86050.852.79$30,684
Jan 20197710,90246.033.23$38,738
Dec 20187911,72846.594.19$52,767
Nov 20187412,02052.934.24$54,848
Oct 20186312,46261.443.40$46,218
Sep 20186211,41659.543.11$39,172
Aug 20186913,98259.403.07$46,975
Jul 20186413,85165.142.93$44,778
Jun 20187413,54560.183.08$46,130
May 20187715,84865.382.90$51,006
Apr 20186116,48263.842.90$51,705
Mar 20186815,83461.222.79$48,290
Feb 20188015,57361.782.77$48,019
Jan 201816018,19262.874.01$82,997
Dec 201719017,56057.272.92$62,183
Nov 201716817,48055.423.12$63,819
Oct 201718818,46249.292.98$64,351
Sep 201713018,70547.523.09$63,925
Aug 201712219,83545.373.00$65,127
Jul 201713317,80943.873.09$60,816
Jun 201712719,21842.493.09$64,728
May 201714422,06245.373.26$78,530
Apr 201714421,34147.933.21$75,441
Mar 201715422,98546.772.98$75,782
Feb 201714421,14450.452.95$69,695
Jan 201715124,11749.413.42$89,912
Dec 201615624,78448.763.72$99,873
Nov 201614523,84342.492.64$69,210
Oct 201611225,65846.193.09$84,463
Sep 201616325,76441.553.10$86,657
Aug 201615926,30241.442.92$83,505
Jul 201615827,29541.622.92$86,396
Jun 201615526,08645.352.69$77,092
May 201617028,08542.521.99$63,147
Apr 201617727,07436.561.99$60,377
Mar 201620228,77233.011.79$58,285
Feb 201616428,86026.472.06$63,897
Jan 201620425,61327.352.36$66,138
Dec 201520224,72032.362.00$56,012
Nov 201517126,83138.792.17$64,785
Oct 201535930,18043.552.43$88,869
Sep 201537629,83542.992.76$98,462
Aug 201537633,94140.162.87$112,595
Jul 201543435,59148.152.95$125,715
Jun 201542236,37556.152.88$128,559
May 201544637,65055.212.96$135,896
Apr 201548238,27849.822.71$127,615
Mar 201556541,13742.892.93$144,958
Feb 201552338,38444.662.98$137,595
Jan 201565745,18543.433.10$168,635
Dec 201463448,44354.693.59$208,650
Nov 201447450,35270.464.25$247,487
Oct 20141,23954,63978.303.90$310,158
Sep 20141,26257,19286.164.05$340,101
Aug 20141,33565,14189.394.04$382,187
Jul 20141,29577,76296.564.18$450,059
Jun 20141,39889,19298.164.74$559,719
May 20141,55785,66794.734.73$552,405
Apr 20141,5051,68195.944.81$152,474
Mar 20141,0191,14795.895.06$103,512
Feb 20140097.406.19$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            33 bbl  × $106.41 =     $3,512
Gas                5,177 Mcf  × $  3.05 =    $15,768

────────────────────────────────────────────────────
Month total                                  $19,280

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/271766 is the state's own key, not one this site invented.