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KINGSTREE RANCH GAS UNIT "E"

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 273173District 06Field 382912002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.9 M
May 2014 – May 2026
Value, last 12 filed months
$382 k
at the published price for each month
Months reported
145
no gaps in the span
Streams
2
condensate, gas

The HALLSVILLE, NE (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 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 Gas112014-09-12214157
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
CondensateDisposition30,962 bbl$1,890,361
GasProduction3,019,865 Mcf$10,031,077
Total$11,921,438

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 32.6477, -94.4192. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.64774, -94.41918 · 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
10,004 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 10,004 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-203351242H10,004 ftJun 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 (145)

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

145 months

May 2026587,572106.413.05$29,235
Apr 2026597,16198.932.87$26,387
Mar 2026507,40689.753.15$27,812
Feb 2026496,88963.503.75$28,947
Jan 2026597,39859.138.00$62,657
Dec 2025617,40156.664.41$36,120
Nov 2025597,07158.593.93$31,221
Oct 2025597,51759.383.30$28,346
Sep 2025547,23862.743.08$25,659
Aug 2025587,84563.933.01$27,359
Jul 2025547,87066.743.32$29,695
Jun 2025567,80766.483.13$28,149
May 2025648,22960.553.23$30,474
Apr 2025668,11462.363.54$32,865
Mar 2025748,67167.704.27$42,020
Feb 2025597,77870.884.34$37,945
Jan 2025758,39674.324.28$41,498
Dec 2024748,56168.993.12$31,827
Nov 2024619,40269.052.20$24,882
Oct 2024698,63171.372.28$24,615
Sep 2024698,36769.612.36$24,586
Aug 2024548,71275.632.06$22,062
Jul 2024668,70379.932.15$23,957
Jun 2024618,46378.082.63$27,054
May 2024708,77778.812.20$24,812
Apr 2024698,58684.451.66$20,073
Mar 2024759,03480.301.55$19,981
Feb 2024778,49376.091.78$21,007
Jan 2024779,12373.023.30$35,707
Dec 2023748,57471.262.61$27,658
Nov 2023669,01977.892.81$30,462
Oct 2023739,43185.443.09$35,353
Sep 2023617,88289.042.74$26,989
Aug 20237210,24480.522.67$33,178
Jul 20237610,20874.852.64$32,656
Jun 20236510,03268.962.26$27,139
May 20238910,32470.622.23$29,281
Apr 20239210,49978.122.24$30,681
Mar 202310011,10472.852.39$33,859
Feb 2023698,74075.112.47$26,733
Jan 202310311,22476.533.39$45,906
Dec 20229611,14576.415.73$71,186
Nov 20228811,19285.005.65$70,672
Oct 20229511,93487.185.86$78,260
Sep 20226610,99584.888.16$95,362
Aug 20228811,87094.529.13$116,657
Jul 20228512,450101.587.54$102,533
Jun 20228612,208115.097.98$107,283
May 20229412,243109.378.43$113,526
Apr 20229711,797104.226.84$90,773
Mar 202210512,376108.885.08$74,258
Feb 202210511,21691.054.86$64,057
Jan 202212112,75981.844.54$67,799
Dec 202111112,89771.323.90$58,203
Nov 202110112,06877.435.24$71,019
Oct 20219612,46979.795.71$78,906
Sep 20219712,80869.865.35$75,311
Aug 202110313,96766.024.22$65,749
Jul 202110714,06570.783.98$63,581
Jun 202110713,65969.493.38$53,611
May 202111514,23163.483.02$50,245
Apr 202113213,87160.362.76$46,230
Mar 202112014,52061.302.72$46,806
Feb 202111112,37957.805.55$75,094
Jan 202113414,42250.412.81$47,285
Dec 202012914,88844.642.68$45,591
Nov 202011613,05138.772.71$39,821
Oct 202011212,99136.972.48$36,338
Sep 20209213,53537.091.99$30,361
Aug 20209013,32639.982.39$35,382
Jul 20209513,37438.371.83$28,054
Jun 20209313,24334.901.69$25,630
May 202011414,54416.921.81$28,323
Apr 202014515,72014.751.80$30,504
Mar 202013115,52630.341.86$32,794
Feb 202013114,33549.881.98$34,927
Jan 202013616,15757.252.09$41,631
Dec 201913718,82659.012.30$51,466
Nov 20199213,16655.302.75$41,303
Oct 20198412,21153.472.42$34,024
Sep 20198212,78355.052.66$38,482
Aug 20199513,79253.112.30$36,827
Jul 20199114,68756.272.46$41,251
Jun 20199513,96352.782.49$39,799
May 201910214,26358.482.74$45,050
Apr 20199815,50962.632.75$48,798
Mar 201913718,39156.803.06$64,097
Feb 201910913,97550.852.79$44,564
Jan 201912914,92546.033.23$54,118
Dec 201812515,17546.594.19$69,338
Nov 201812516,58452.934.24$76,887
Oct 201811418,44361.443.40$69,675
Sep 201811416,94759.543.11$59,459
Aug 201813021,30859.403.07$73,064
Jul 201812421,68465.142.93$71,652
Jun 201814621,95460.183.08$76,337
May 201814724,88165.382.90$81,786
Apr 201811826,59763.842.90$84,686
Mar 201813225,99061.222.79$80,511
Feb 201811819,24261.782.77$60,516
Jan 201821219,64462.874.01$92,088
Dec 201727020,33957.272.92$74,884
Nov 201724921,16255.423.12$79,790
Oct 201727322,14849.292.98$79,539
Sep 201714223,33247.523.09$78,780
Aug 201713325,99045.373.00$84,119
Jul 201714523,52943.873.09$79,002
Jun 201713923,37242.493.09$78,062
May 201715825,12645.373.26$89,165
Apr 201715726,98847.933.21$94,200
Mar 201716927,88846.772.98$91,113
Feb 201715724,97450.452.95$81,659
Jan 201716628,80549.413.42$106,681
Dec 201617129,07848.763.72$116,590
Nov 201615929,42042.492.64$84,553
Oct 201612227,85446.193.09$91,711
Sep 20166427,88741.553.10$89,126
Aug 20166329,42241.442.92$88,651
Jul 20166228,07941.622.92$84,693
Jun 20165833,84345.352.69$93,527
May 20167136,14542.521.99$74,985
Apr 20167434,19736.561.99$70,793
Mar 20168437,52933.011.79$70,100
Feb 20166835,90226.472.06$75,888
Jan 20168539,15127.352.36$94,892
Dec 20158442,40732.362.00$87,592
Nov 201564219,75538.792.17$67,719
Oct 201573914,99343.552.43$68,565
Sep 201577426,62842.992.76$106,725
Aug 201577535,06240.162.87$131,839
Jul 201589338,96448.152.95$157,750
Jun 201586950,09356.152.88$193,205
May 201591953,05455.212.96$207,536
Apr 201599247,92249.822.71$179,126
Mar 20151,16352,89242.892.93$205,104
Feb 20151,07746,33844.662.98$186,010
Jan 20151,35461,75143.433.10$250,271
Dec 20141,30568,22354.693.59$316,384
Nov 201492659,89270.464.25$319,897
Oct 20141,10465,85478.303.90$343,337
Sep 20141,12546,28786.164.05$284,181
Aug 20141,18992,26389.394.04$478,577
Jul 20141,153118,05596.564.18$604,756
Jun 20141,164145,60598.164.74$803,972
May 20140094.734.73$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            58 bbl  × $106.41 =     $6,172
Gas                7,572 Mcf  × $  3.05 =    $23,063

────────────────────────────────────────────────────
Month total                                  $29,235

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/273173 is the state's own key, not one this site invented.