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 271801District 06Field 382912002 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.8 M
Oct 2013 – May 2026
Value, last 12 filed months
$421 k
at the published price for each month
Months reported
152
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 Gas112014-05-12213173
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
CondensateDisposition46,323 bbl$3,225,637
GasProduction3,848,310 Mcf$13,525,189
Total$16,750,826

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 32.6417, -94.4290. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.64171, -94.42898 · 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
10,057 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 10,057 ft.

Completions filed
Oct 2013
1 of 1 wells

1 well

42-203351362H10,057 ftOct 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 (152)

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

152 months

May 2026596,683106.413.05$26,634
Apr 2026646,64598.932.87$25,401
Mar 2026587,18789.753.15$27,841
Feb 2026627,60763.503.75$32,466
Jan 2026798,59459.138.00$73,405
Dec 2025818,48256.664.41$42,024
Nov 2025818,38358.593.93$37,661
Oct 2025758,36659.383.30$32,102
Sep 2025698,08762.743.08$29,212
Aug 2025718,26763.933.01$29,462
Jul 2025678,40366.743.32$32,329
Jun 2025728,75366.483.13$32,172
May 2025829,14360.553.23$34,518
Apr 2025889,37962.363.54$38,719
Mar 2025969,70467.704.27$47,919
Feb 2025788,85170.884.34$43,949
Jan 20251019,79174.324.28$49,399
Dec 202410210,31768.993.12$39,240
Nov 20248411,32969.052.20$30,706
Oct 2024919,96471.372.28$29,227
Sep 2024929,80569.612.36$29,587
Aug 20247210,14675.632.06$26,383
Jul 20248910,03879.932.15$28,661
Jun 2024829,88578.082.63$32,439
May 20249310,15978.812.20$29,663
Apr 2024909,81284.451.66$23,881
Mar 20249810,18180.301.55$23,600
Feb 2024989,59076.091.78$24,562
Jan 2024969,92173.023.30$39,726
Dec 2023949,33771.262.61$31,075
Nov 20238910,64277.892.81$36,810
Oct 20239810,82185.443.09$41,781
Sep 20239110,60489.042.74$37,105
Aug 20239011,17280.522.67$37,108
Jul 20239511,05674.852.64$36,318
Jun 20238110,97168.962.26$30,364
May 202311111,34070.622.23$33,098
Apr 202310610,46878.122.24$31,706
Mar 202312411,66172.852.39$36,940
Feb 20239210,27175.112.47$32,235
Jan 202312011,37376.533.39$47,712
Dec 202211611,83576.415.73$76,667
Nov 202210511,57985.005.65$74,302
Oct 202211312,21987.185.86$81,501
Sep 20228211,77384.888.16$103,071
Aug 202210412,32294.529.13$122,295
Jul 20229912,533101.587.54$104,581
Jun 202210012,201115.097.98$108,839
May 202211112,553109.378.43$118,000
Apr 202211612,326104.226.84$96,370
Mar 202212512,825108.885.08$78,715
Feb 202212411,55091.054.86$67,410
Jan 202214112,84281.844.54$69,812
Dec 202112812,78571.323.90$58,979
Nov 202112012,48777.435.24$74,684
Oct 202111512,97879.795.71$83,330
Sep 202111212,81569.865.35$76,396
Aug 202111613,71166.024.22$65,527
Jul 202112013,75170.783.98$63,251
Jun 202112013,36869.493.38$53,531
May 202112413,40863.483.02$48,332
Apr 202113912,97260.362.76$44,172
Mar 202112613,15761.302.72$43,471
Feb 202111811,44457.805.55$70,311
Jan 202114813,92050.412.81$46,580
Dec 202014214,02644.642.68$43,865
Nov 202014714,14138.772.71$43,973
Oct 202015215,34936.972.48$43,661
Sep 202012415,80937.091.99$36,076
Aug 202012215,61739.982.39$42,126
Jul 202012815,60038.371.83$33,383
Jun 202012215,29634.901.69$30,113
May 202014115,79616.921.81$31,052
Apr 202015814,86814.751.80$29,158
Mar 202014915,22030.341.86$32,772
Feb 202014513,89149.881.98$34,746
Jan 202013914,48657.252.09$38,302
Dec 201913716,49459.012.30$46,092
Nov 201910012,52355.302.75$39,977
Oct 20198710,84653.472.42$30,883
Sep 20199512,70455.052.66$38,988
Aug 201910913,85153.112.30$37,707
Jul 20199813,90856.272.46$39,729
Jun 20199912,83652.782.49$37,202
May 20199111,22158.482.74$36,071
Apr 201911115,22262.632.75$48,823
Mar 201915518,27156.803.06$64,752
Feb 201912213,65450.852.79$44,329
Jan 201915115,15746.033.23$55,880
Dec 201815216,21346.594.19$74,940
Nov 201814016,29852.934.24$76,469
Oct 201811516,14661.443.40$61,931
Sep 201811314,78059.543.11$52,664
Aug 201813419,18059.403.07$66,776
Jul 201812318,66965.142.93$62,747
Jun 201815620,38460.183.08$72,108
May 201816123,76465.382.90$79,461
Apr 201812624,44563.842.90$78,954
Mar 201814223,56761.222.79$74,371
Feb 201815922,60161.782.77$72,340
Jan 201829223,53062.874.01$112,697
Dec 201739225,75757.272.92$97,699
Nov 201735326,09455.423.12$100,934
Oct 201739327,68649.292.98$101,977
Sep 201721827,84747.523.09$96,331
Aug 201720528,22745.373.00$94,106
Jul 201722326,46243.873.09$91,479
Jun 201721428,26942.493.09$96,367
May 201724328,71045.373.26$104,717
Apr 201724231,82447.933.21$113,805
Mar 201725933,55646.772.98$112,234
Feb 201724230,58550.452.95$102,514
Jan 201725434,91949.413.42$131,931
Dec 201626332,79248.763.72$134,903
Nov 201624434,60442.492.64$101,873
Oct 201618836,30146.193.09$120,863
Sep 201642335,52941.553.10$127,738
Aug 201641436,94141.442.92$125,184
Jul 201641238,86641.622.92$130,805
Jun 201638542,22145.352.69$130,858
May 201636544,43442.521.99$103,990
Apr 201638142,56936.561.99$98,686
Mar 201643544,33433.011.79$93,895
Feb 201635241,49826.472.06$94,954
Jan 201643847,09027.352.36$123,317
Dec 201543441,78632.362.00$97,675
Nov 201536745,52138.792.17$112,895
Oct 201548749,32543.552.43$140,900
Sep 201551039,66242.992.76$131,329
Aug 201551142,12840.162.87$141,534
Jul 201558942,92148.152.95$154,766
Jun 201557342,13956.152.88$153,655
May 201560645,48555.212.96$167,886
Apr 201565445,38849.822.71$155,428
Mar 201576850,79942.892.93$182,020
Feb 201571052,12044.662.98$186,828
Jan 201589355,60843.433.10$211,203
Dec 201486061,58754.693.59$268,214
Nov 201462860,46170.464.25$301,319
Oct 20141,19975,26078.303.90$387,468
Sep 20141,22182,87186.164.05$440,451
Aug 20141,29189,90089.394.04$478,160
Jul 20141,253103,96596.564.18$555,522
Jun 20141,353110,82398.164.74$657,766
May 20141,506123,29594.734.73$725,425
Apr 20141,487121,39495.944.81$726,461
Mar 20142,36233,91095.895.06$397,968
Feb 20142,27469,31397.406.19$650,674
Jan 20142,648142,78390.404.86$933,407
Dec 20131,22955,97291.824.35$356,576
Nov 20131,15253,87488.853.74$303,751
Oct 20130097.423.78$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            59 bbl  × $106.41 =     $6,278
Gas                6,683 Mcf  × $  3.05 =    $20,355

────────────────────────────────────────────────────
Month total                                  $26,634

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/271801 is the state's own key, not one this site invented.