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 274259District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Sep 2014 – May 2026
Value, last 12 filed months
$162 k
at the published price for each month
Months reported
141
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 Gas112014-12-05214803
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
CondensateDisposition9,075 bbl$515,067
GasProduction1,053,546 Mcf$3,364,302
Total$3,879,369

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 32.6448, -94.3895. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.64480, -94.38950 · 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
9,918 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 9,918 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-203352094H9,918 ftDec 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 (141)

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

141 months

May 202602,974106.413.05$9,058
Apr 2026293,22898.932.87$12,132
Mar 2026563,34789.753.15$15,567
Feb 2026283,22363.503.75$13,865
Jan 202602,97359.138.00$23,778
Dec 2025283,29156.664.41$16,111
Nov 2025282,94658.593.93$13,208
Oct 202503,28959.383.30$10,870
Sep 2025293,19362.743.08$11,644
Aug 2025273,48563.933.01$12,233
Jul 202503,20766.743.32$10,632
Jun 2025253,51266.483.13$12,650
May 2025183,12460.553.23$11,188
Apr 2025222,05362.363.54$8,646
Mar 2025352,09167.704.27$11,295
Feb 2025151,71870.884.34$8,521
Jan 2025171,98274.324.28$9,744
Dec 202402,19168.993.12$6,839
Nov 2024191,95269.052.20$5,603
Oct 2024212,50871.372.28$7,221
Sep 2024212,93269.612.36$8,394
Aug 2024202,93775.632.06$7,573
Jul 2024202,98779.932.15$8,010
Jun 2024183,74978.082.63$11,280
May 20240078.812.20$0
Apr 2024211,82484.451.66$4,800
Mar 2024193,07680.301.55$6,279
Feb 2024172,53876.091.78$5,820
Jan 2024332,41873.023.30$10,383
Dec 2023192,09271.262.61$6,816
Nov 202302,80477.892.81$7,872
Oct 2023183,07585.443.09$11,031
Sep 2023182,63489.042.74$8,807
Aug 2023182,86580.522.67$9,107
Jul 2023172,86174.852.64$8,831
Jun 2023212,54268.962.26$7,189
May 2023273,27170.622.23$9,193
Apr 2023344,35178.122.24$12,393
Mar 2023254,19872.852.39$11,868
Feb 2023243,03175.112.47$9,276
Jan 2023493,38876.533.39$15,228
Dec 2022374,00876.415.73$25,789
Nov 2022375,32685.005.65$33,217
Oct 2022325,72087.185.86$36,330
Sep 2022335,14984.888.16$44,836
Aug 2022294,16294.529.13$40,728
Jul 2022294,444101.587.54$36,463
Jun 2022314,133115.097.98$36,538
May 2022384,631109.378.43$43,209
Apr 2022353,675104.226.84$28,776
Mar 2022723,272108.885.08$24,449
Feb 2022373,15991.054.86$18,718
Jan 2022423,52881.844.54$19,446
Dec 2021694,16071.323.90$21,141
Nov 2021324,44777.435.24$25,766
Oct 2021354,32779.795.71$27,517
Sep 2021334,70969.865.35$27,503
Aug 2021284,69666.024.22$21,668
Jul 2021294,00470.783.98$17,997
Jun 2021333,81369.493.38$15,183
May 20211014,86963.483.02$21,105
Apr 2021495,72460.362.76$18,747
Mar 2021516,67761.302.72$21,267
Feb 2021484,62757.805.55$28,445
Jan 2021945,57550.412.81$20,406
Dec 2020376,52144.642.68$19,098
Nov 2020314,73538.772.71$14,017
Oct 2020634,87536.972.48$14,411
Sep 2020325,19337.091.99$11,526
Aug 2020615,80439.982.39$16,282
Jul 2020335,33438.371.83$11,001
Jun 2020595,54334.901.69$11,428
May 202005,85216.921.81$10,620
Apr 2020425,67614.751.80$10,861
Mar 2020425,53530.341.86$11,549
Feb 2020235,46749.881.98$11,976
Jan 2020455,90357.252.09$14,942
Dec 2019566,28659.012.30$17,790
Nov 2019729,16755.302.75$29,197
Oct 2019368,86253.472.42$23,358
Sep 2019779,93155.052.66$30,628
Aug 20194112,51053.112.30$31,005
Jul 20198012,19756.272.46$34,507
Jun 20194311,62252.782.49$31,222
May 20198112,05358.482.74$37,766
Apr 20193511,72762.632.75$34,450
Mar 2019538,53256.803.06$29,136
Feb 2019417,81850.852.79$23,914
Jan 20194010,39946.033.23$35,411
Dec 2018429,46946.594.19$41,589
Nov 2018549,20652.934.24$41,866
Oct 20186113,87261.443.40$50,886
Sep 20186110,85559.543.11$37,369
Aug 20185314,25259.403.07$46,853
Jul 20185614,07365.142.93$44,908
Jun 20185311,17660.183.08$37,577
May 20185910,89865.382.90$35,470
Apr 20186211,48063.842.90$37,259
Mar 201810513,70361.222.79$44,616
Feb 2018479,69761.782.77$29,727
Jan 20189310,19162.874.01$46,706
Dec 201711116,70157.272.92$55,149
Nov 20178313,79055.423.12$47,602
Oct 20176810,39149.292.98$34,355
Sep 2017877,57747.523.09$27,527
Aug 2017867,82745.373.00$27,417
Jul 2017327,55843.873.09$24,738
Jun 2017776,92142.493.09$24,639
May 2017746,83345.373.26$25,656
Apr 2017664,78247.933.21$18,521
Mar 20171706,93746.772.98$28,649
Feb 2017845,34950.452.95$20,031
Jan 2017766,83049.413.42$27,106
Dec 20161228,15348.763.72$36,301
Nov 2016888,07542.492.64$25,092
Oct 201613910,18646.193.09$37,898
Sep 2016559,84541.553.10$32,811
Aug 20161289,69741.442.92$33,662
Jul 20161059,09641.622.92$30,970
Jun 2016909,22045.352.69$28,845
May 20161318,94442.521.99$23,378
Apr 20161119,85336.561.99$23,676
Mar 20161126,42233.011.79$15,218
Feb 2016788,57826.472.06$19,766
Jan 20161309,12427.352.36$25,128
Dec 201511610,02632.362.00$23,820
Nov 201512510,62238.792.17$27,870
Oct 20159011,44443.552.43$31,689
Sep 201513815,37942.992.76$48,354
Aug 201515616,17840.162.87$52,736
Jul 201515718,02848.152.95$60,653
Jun 201512719,34156.152.88$62,888
May 201515319,28755.212.96$65,449
Apr 201516218,19549.822.71$57,317
Mar 201521018,13642.892.93$62,231
Feb 201517015,61444.662.98$54,062
Jan 201525126,02843.433.10$91,604
Dec 201412210,21254.693.59$43,347
Nov 201428922,70470.464.25$116,897
Oct 201440135,12278.303.90$168,408
Sep 201434627,43286.164.05$140,786

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                2,974 Mcf  × $  3.05 =     $9,058

────────────────────────────────────────────────────
Month total                                   $9,058

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/274259 is the state's own key, not one this site invented.