KINGSTREE RANCH GAS UNIT 'C'

Operated by VALENCE OPERATING COMPANY (P-5 881167) 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 274179District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.4 M
Jul 2014 – May 2026
Value, last 12 filed months
$471 k
at the published price for each month
Months reported
143
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 Gas112014-11-18214607
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
CondensateDisposition21,829 bbl$1,244,430
GasProduction2,508,775 Mcf$8,130,799
Total$9,375,229

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 32.6504, -94.4066. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.65044, -94.40665 · 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
10,018 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 10,018 ft.

Completions filed
Apr 2017
1 of 1 wells

1 well

42-203352012H10,018 ftApr 2017

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 (143)

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

143 months

May 202609,176106.413.05$27,949
Apr 2026638,89698.932.87$31,762
Mar 20261279,22089.753.15$40,436
Feb 2026699,22963.503.75$38,993
Jan 202609,59959.138.00$76,772
Dec 2025689,99156.664.41$47,947
Nov 2025669,26558.593.93$40,245
Oct 202509,81659.383.30$32,440
Sep 2025679,24762.743.08$32,656
Aug 20256010,20963.933.01$34,613
Jul 2025010,08866.743.32$33,444
Jun 2025689,34766.483.13$33,765
May 20255811,16660.553.23$39,604
Apr 2025658,47062.363.54$34,064
Mar 20251128,14767.704.27$42,356
Feb 2025497,45170.884.34$35,817
Jan 2025517,97474.324.28$37,909
Dec 202408,63368.993.12$26,947
Nov 2024557,34969.052.20$19,954
Oct 2024559,53471.372.28$25,676
Sep 2024559,50069.612.36$26,290
Aug 20245410,27575.632.06$25,288
Jul 20245810,07479.932.15$26,261
Jun 20244713,27178.082.63$38,625
May 20240078.812.20$0
Apr 2024486,33384.451.66$14,561
Mar 2024429,04880.301.55$17,353
Feb 2024447,07076.091.78$15,958
Jan 2024908,32973.023.30$34,038
Dec 2023487,76271.262.61$23,685
Nov 202309,04777.892.81$25,400
Oct 20235110,05885.443.09$35,409
Sep 2023499,59289.042.74$30,597
Aug 2023489,66280.522.67$29,690
Jul 2023429,60074.852.64$28,505
Jun 2023448,54368.962.26$22,328
May 2023508,85670.622.23$23,257
Apr 2023659,81778.122.24$27,046
Mar 20236110,63172.852.39$29,886
Feb 2023609,91475.112.47$28,951
Jan 202310410,76176.533.39$44,414
Dec 20225110,77776.415.73$65,639
Nov 2022549,55385.005.65$58,528
Oct 20225210,59987.185.86$66,683
Sep 20226310,21584.888.16$88,739
Aug 20225510,52494.529.13$101,253
Jul 20225610,779101.587.54$86,985
Jun 20226010,249115.097.98$88,664
May 20225611,238109.378.43$100,895
Apr 20225212,047104.226.84$87,792
Mar 202210610,983108.885.08$67,295
Feb 20225710,37291.054.86$55,586
Jan 20225812,29981.844.54$60,556
Dec 202115812,94671.323.90$61,747
Nov 20218611,41977.435.24$66,459
Oct 20218211,98279.795.71$75,006
Sep 20218311,08269.865.35$65,097
Aug 20218512,46366.024.22$58,213
Jul 20217512,10570.783.98$53,512
Jun 20218210,33469.493.38$40,634
May 202116412,06063.483.02$46,804
Apr 20217911,04060.362.76$35,221
Mar 20216814,48061.302.72$43,510
Feb 2021758,14457.805.55$49,518
Jan 202113011,73950.412.81$39,543
Dec 20207411,79344.642.68$34,855
Nov 20207412,63838.772.71$37,075
Oct 202015613,60136.972.48$39,476
Sep 20208212,90737.091.99$28,740
Aug 202015114,88939.982.39$41,549
Jul 20207713,91538.371.83$28,351
Jun 202015613,84634.901.69$28,848
May 2020114,97816.921.81$27,198
Apr 202015513,88414.751.80$27,338
Mar 202015213,75130.341.86$30,137
Feb 20207812,91949.881.98$29,479
Jan 202015513,54857.252.09$37,253
Dec 201914114,08759.012.30$40,782
Nov 201914118,76955.302.75$59,425
Oct 20197117,18053.472.42$45,347
Sep 201914520,46155.052.66$62,353
Aug 20197323,10953.112.30$57,128
Jul 201914122,14656.272.46$62,415
Jun 20196920,24152.782.49$54,066
May 201910318,76958.482.74$57,457
Apr 20194819,45262.632.75$56,513
Mar 201910910,05556.803.06$36,981
Feb 201911914,69050.852.79$47,069
Jan 201912819,76246.033.23$69,687
Dec 201814222,61346.594.19$101,261
Nov 201814219,98352.934.24$92,189
Oct 201813722,05461.443.40$83,359
Sep 201814419,22659.543.11$68,328
Aug 201813223,89159.403.07$81,104
Jul 201815529,73365.142.93$97,270
Jun 201816121,03960.183.08$74,424
May 201822822,75265.382.90$80,906
Apr 201812513,46863.842.90$47,048
Mar 201818216,84961.222.79$58,098
Feb 201814814,48561.782.77$49,211
Jan 201820716,05162.874.01$77,368
Dec 201720021,19657.272.92$73,379
Nov 20178823,62555.423.12$78,548
Oct 201715917,22949.292.98$59,243
Sep 201723218,82247.523.09$69,133
Aug 201722215,63545.373.00$57,046
Jul 201717116,86043.873.09$59,553
Jun 201720417,60242.493.09$63,010
May 201719216,78745.373.26$63,494
Apr 201717613,49647.933.21$51,779
Mar 201738917,44346.772.98$70,238
Feb 201722112,89550.452.95$49,223
Jan 201719616,33249.413.42$65,520
Dec 201629119,69248.763.72$87,499
Nov 201618719,18442.492.64$58,675
Oct 201629016,75946.193.09$65,185
Sep 201611516,31841.553.10$55,374
Aug 201628218,81541.442.92$66,708
Jul 201626220,65141.622.92$71,295
Jun 201618420,98045.352.69$64,693
May 201630223,13342.521.99$58,900
Apr 201626225,54736.561.99$60,444
Mar 201619612,35133.011.79$28,628
Feb 201618222,21526.472.06$50,661
Jan 201635125,53227.352.36$69,967
Dec 201529726,35832.362.00$62,364
Nov 201529724,59938.792.17$64,835
Oct 201521631,02443.552.43$84,689
Sep 201525834,39742.992.76$105,973
Aug 201530536,40540.162.87$116,822
Jul 201529338,82248.152.95$128,442
Jun 201527537,52956.152.88$123,632
May 201532441,11655.212.96$139,404
Apr 201536545,70349.822.71$141,883
Mar 201550852,14942.892.93$174,830
Feb 201545944,51044.662.98$152,969
Jan 201548658,63443.433.10$202,909
Dec 201467952,96754.693.59$227,358
Nov 201483272,15970.464.25$365,431
Oct 20141,206100,92378.303.90$488,126
Sep 201462040,24186.164.05$216,212
Aug 201457257,41289.394.04$282,795
Jul 2014181596.564.18$3,503

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             0 bbl  × $106.41 =         $0
Gas                9,176 Mcf  × $  3.05 =    $27,949

────────────────────────────────────────────────────
Month total                                  $27,949

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/274179 is the state's own key, not one this site invented.