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 271883District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.4 M
Jun 2013 – May 2026
Value, last 12 filed months
$351 k
at the published price for each month
Months reported
156
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 Gas112014-05-29213313
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
CondensateDisposition7,154 bbl$487,903
GasProduction2,186,220 Mcf$7,908,507
Total$8,396,410

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 32.5725, -94.4272. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.57253, -94.42716 · 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
9,984 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 9,984 ft.

Completions filed
Jun 2013
1 of 1 wells

1 well

42-203351515H9,984 ftJun 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 (156)

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

156 months

May 2026865,961106.413.05$27,308
Apr 2026855,28398.932.87$23,570
Mar 2026735,62189.753.15$24,255
Feb 2026715,20563.503.75$24,029
Jan 2026925,77559.138.00$51,628
Dec 20251046,61456.664.41$35,083
Nov 20251036,45058.593.93$31,360
Oct 2025976,53459.383.30$27,354
Sep 2025916,43662.743.08$25,512
Aug 2025946,59163.933.01$25,880
Jul 2025896,79266.743.32$28,457
Jun 2025906,63466.483.13$26,739
May 20251006,85060.553.23$28,196
Apr 20251006,38462.363.54$28,855
Mar 20251106,80867.704.27$36,506
Feb 2025875,99770.884.34$32,199
Jan 20251156,69874.324.28$37,205
Dec 20241167,08768.993.12$30,124
Nov 2024947,43269.052.20$22,830
Oct 20241046,88171.372.28$23,121
Sep 20241046,63169.612.36$22,918
Aug 2024796,69675.632.06$19,793
Jul 2024986,69479.932.15$22,202
Jun 2024896,44378.082.63$23,920
May 20241026,71478.812.20$22,799
Apr 2024966,28684.451.66$18,537
Mar 20241056,55780.301.55$18,563
Feb 20241076,49276.091.78$19,721
Jan 2024925,94073.023.30$26,306
Dec 2023925,87771.262.61$21,899
Nov 2023846,27977.892.81$24,171
Oct 2023976,83185.443.09$29,377
Sep 2023886,48689.042.74$25,575
Aug 2023876,81880.522.67$25,229
Jul 2023946,89874.852.64$25,259
Jun 2023786,62268.962.26$20,335
May 20231107,03970.622.23$23,447
Apr 20231086,75878.122.24$23,560
Mar 20231237,28672.852.39$26,397
Feb 2023926,44775.112.47$22,806
Jan 20231257,53076.533.39$35,076
Dec 20221157,37176.415.73$51,016
Nov 20221057,35985.005.65$50,475
Oct 20221147,71987.185.86$55,201
Sep 2022837,59984.888.16$69,081
Aug 20221037,73294.529.13$80,307
Jul 2022987,843101.587.54$69,107
Jun 20221007,707115.097.98$72,989
May 20221138,204109.378.43$81,543
Apr 20221148,061104.226.84$66,999
Mar 2022867,250108.885.08$46,168
Feb 202265,93191.054.86$29,364
Jan 202286,68081.844.54$30,966
Dec 202176,53371.323.90$25,972
Nov 202166,24477.435.24$33,163
Oct 202166,40579.795.71$37,076
Sep 202166,21869.865.35$33,691
Aug 202166,47766.024.22$27,733
Jul 202166,57570.783.98$26,607
Jun 202154,85069.493.38$16,743
May 202155,17163.483.02$15,922
Apr 202154,45760.362.76$12,596
Mar 202154,98861.302.72$13,859
Feb 202154,22357.805.55$23,718
Jan 202154,90050.412.81$14,022
Dec 202065,62944.642.68$15,328
Nov 202064,90938.772.71$13,519
Oct 202066,05736.972.48$15,234
Sep 202055,62537.091.99$11,385
Aug 202067,15039.982.39$17,293
Jul 202077,22638.371.83$13,457
Jun 202067,67534.901.69$13,183
May 202066,50616.921.81$11,908
Apr 202086,99414.751.80$12,738
Mar 202087,46730.341.86$14,103
Feb 202065,60549.881.98$11,401
Jan 202064,26757.252.09$9,282
Dec 20191816,96759.012.30$40,160
Nov 2019166,37055.302.75$18,407
Oct 2019145,85653.472.42$14,912
Sep 2019125,33655.052.66$14,840
Aug 2019166,41353.112.30$15,628
Jul 2019157,23456.272.46$18,640
Jun 2019145,98352.782.49$15,644
May 2019123,84758.482.74$11,244
Apr 2019125,48262.632.75$15,831
Mar 2019197,44356.803.06$23,870
Feb 2019166,10650.852.79$17,863
Jan 2019227,10446.033.23$23,946
Dec 2018217,28846.594.19$31,482
Nov 2018197,43752.934.24$32,518
Oct 2018188,34461.443.40$29,460
Sep 2018167,04859.543.11$22,858
Aug 2018209,67259.403.07$30,848
Jul 2018199,25965.142.93$28,384
Jun 20182510,65660.183.08$34,292
May 20182311,12165.382.90$33,764
Apr 20182610,20963.842.90$31,274
Mar 20183110,72761.222.79$31,792
Feb 20182610,26361.782.77$29,995
Jan 2018269,63762.874.01$40,272
Dec 20173011,50757.272.92$35,336
Nov 20173311,49055.423.12$37,659
Oct 20173412,21449.292.98$38,119
Sep 20172612,45247.523.09$39,678
Aug 20172612,66645.373.00$39,233
Jul 20172812,49443.873.09$39,801
Jun 20172911,77842.493.09$37,594
May 20173013,26745.373.26$44,657
Apr 20173914,79747.933.21$49,391
Mar 20174215,77546.772.98$49,032
Feb 20174214,15050.452.95$43,898
Jan 20174514,91349.413.42$53,208
Dec 20164714,39048.763.72$55,863
Nov 20165013,32442.492.64$37,358
Oct 20168310,97246.193.09$37,740
Sep 20167113,28841.553.10$44,151
Aug 20167315,18641.442.92$47,434
Jul 20167416,98641.622.92$52,753
Jun 20167013,47845.352.69$39,374
May 20167514,38942.521.99$31,838
Apr 20168017,27536.561.99$37,320
Mar 20169019,15233.011.79$37,330
Feb 20169518,28526.472.06$40,248
Jan 201610419,90227.352.36$49,900
Dec 20159919,77132.362.00$42,774
Nov 20157220,15238.792.17$46,469
Oct 2015621,80143.552.43$53,163
Sep 2015521,60742.992.76$59,816
Aug 2015522,80340.162.87$65,702
Jul 2015523,59248.152.95$69,721
Jun 2015523,78256.152.88$68,841
May 2015525,13355.212.96$74,555
Apr 2015625,15949.822.71$68,394
Mar 2015726,83842.892.93$79,062
Feb 2015724,42944.662.98$73,018
Jan 2015828,74943.433.10$89,487
Dec 2014832,40454.693.59$116,812
Nov 2014531,58870.464.25$134,659
Oct 2014039,43178.303.90$153,819
Sep 2014041,27086.164.05$166,955
Aug 2014042,13789.394.04$170,028
Jul 2014052,63296.564.18$219,981
Jun 2014038,80398.164.74$183,805
May 2014041,03494.734.73$193,950
Apr 2014050,03195.944.81$240,605
Mar 2014048,60195.895.06$245,766
Feb 2014060,77297.406.19$376,300
Jan 2014064,84490.404.86$315,189
Dec 2013047,00991.824.35$204,700
Nov 20130388.853.74$11
Oct 2013020,74297.423.78$78,391
Sep 2013040,343104.113.72$149,985
Aug 2013032,585104.253.52$114,784
Jul 20130109,409102.523.72$406,754
Jun 2013069,87094.403.93$274,827

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            86 bbl  × $106.41 =     $9,151
Gas                5,961 Mcf  × $  3.05 =    $18,156

────────────────────────────────────────────────────
Month total                                  $27,308

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/271883 is the state's own key, not one this site invented.