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 274260District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.0 M
Sep 2014 – May 2026
Value, last 12 filed months
$449 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 Gas112014-12-05214865
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
CondensateDisposition24,447 bbl$1,340,792
GasProduction3,094,200 Mcf$9,663,395
Total$11,004,188

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 32.6520, -94.3981. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.65200, -94.39811 · 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
9,979 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 9,979 ft.

Completions filed
Apr 2017
1 of 1 wells

1 well

42-203352083H9,979 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 (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 202609,116106.413.05$27,766
Apr 2026838,70298.932.87$33,183
Mar 20261628,95689.753.15$42,746
Feb 2026858,58363.503.75$37,587
Jan 202608,76459.138.00$70,094
Dec 2025849,09056.664.41$44,877
Nov 2025828,49958.593.93$38,175
Oct 202508,97759.383.30$29,668
Sep 2025808,23862.743.08$30,367
Aug 2025778,56563.933.01$30,744
Jul 202508,95866.743.32$29,698
Jun 2025809,26766.483.13$34,312
May 2025978,89660.553.23$34,628
Apr 20258211,69962.363.54$46,564
Mar 202520813,45067.704.27$71,491
Feb 202511412,67870.884.34$63,113
Jan 202511114,12674.324.28$68,690
Dec 2024015,29468.993.12$47,738
Nov 20241029,66769.052.20$28,295
Oct 202410312,89071.372.28$36,758
Sep 202410112,85469.612.36$37,422
Aug 202410013,34075.632.06$35,092
Jul 20249214,86779.932.15$39,267
Jun 20248015,50678.082.63$47,089
May 20240078.812.20$0
Apr 20241028,13984.451.66$22,118
Mar 202411414,12380.301.55$30,976
Feb 202411915,36676.091.78$36,462
Jan 202422115,58773.023.30$67,538
Dec 202310714,74471.262.61$46,117
Nov 2023016,01177.892.81$44,952
Oct 202310714,68685.443.09$54,482
Sep 202311014,95789.042.74$50,702
Aug 202310915,97380.522.67$51,471
Jul 202310816,13474.852.64$50,707
Jun 202311116,40168.962.26$44,696
May 202310416,66870.622.23$44,471
Apr 20239713,91578.122.24$38,716
Mar 20239510,78772.852.39$32,736
Feb 20239811,36975.112.47$35,393
Jan 202316913,19276.533.39$57,624
Dec 20229112,61276.415.73$79,208
Nov 20229412,43585.005.65$78,201
Oct 20229513,59987.185.86$88,023
Sep 20228114,11284.888.16$122,081
Aug 2022938,90094.529.13$90,022
Jul 20229513,340101.587.54$110,261
Jun 20228812,356115.097.98$108,694
May 20228011,890109.378.43$109,018
Apr 20229212,265104.226.84$93,451
Mar 202218414,797108.885.08$95,149
Feb 20228612,30591.054.86$67,618
Jan 20228212,64681.844.54$64,094
Dec 202112712,78271.323.90$58,896
Nov 20216113,37877.435.24$74,782
Oct 20216314,25579.795.71$86,478
Sep 20215914,35569.865.35$80,934
Aug 20216314,48866.024.22$65,307
Jul 20217015,42970.783.98$66,394
Jun 20215716,74469.493.38$60,566
May 20219211,75563.483.02$41,313
Apr 20215011,25560.362.76$34,064
Mar 20216210,92061.302.72$33,470
Feb 2021758,77857.805.55$53,035
Jan 202114114,53350.412.81$47,949
Dec 20207015,06744.642.68$43,436
Nov 20206914,27438.772.71$41,309
Oct 202014114,97736.972.48$42,332
Sep 20206413,59337.091.99$29,438
Aug 202014213,90739.982.39$38,847
Jul 20206616,66538.371.83$32,948
Jun 202014113,67034.901.69$28,027
May 2020015,09116.921.81$27,386
Apr 202015917,66414.751.80$34,218
Mar 202016419,08530.341.86$40,402
Feb 20208317,80649.881.98$39,408
Jan 202016317,93457.252.09$46,899
Dec 201914119,02859.012.30$52,168
Nov 201915021,02855.302.75$66,137
Oct 20197524,04353.472.42$62,159
Sep 201912825,46455.052.66$74,711
Aug 20196421,54253.112.30$53,040
Jul 201913825,92956.272.46$71,552
Jun 20196924,35652.782.49$64,317
May 201917224,57858.482.74$77,410
Apr 20199725,52862.632.75$76,295
Mar 201919622,09856.803.06$78,799
Feb 201920332,28250.852.79$100,461
Jan 201919238,62946.033.23$133,539
Dec 201818237,53146.594.19$165,563
Nov 201816733,86052.934.24$152,312
Oct 201816231,56161.443.40$117,200
Sep 201815323,03659.543.11$80,706
Aug 201812927,55459.403.07$92,159
Jul 201814330,17665.142.93$97,787
Jun 201814422,14960.183.08$76,817
May 201823520,19765.382.90$73,952
Apr 201816122,01863.842.90$74,148
Mar 201822826,85261.222.79$88,790
Feb 201816622,96361.782.77$73,774
Jan 201823923,23762.874.01$108,191
Dec 201722129,27457.272.92$98,181
Nov 201718924,28255.423.12$86,194
Oct 201713417,95249.292.98$60,168
Sep 201721718,72147.523.09$68,109
Aug 201721517,42545.373.00$62,106
Jul 201715218,27443.873.09$63,085
Jun 201725720,42042.493.09$73,962
May 201727023,72845.373.26$89,684
Apr 20171169,75247.933.21$36,879
Mar 20171578,71446.772.98$33,343
Feb 201723818,55550.452.95$66,793
Jan 201723130,37449.413.42$115,256
Dec 201630027,25448.763.72$116,090
Nov 201622628,05342.492.64$83,785
Oct 201634432,05346.193.09$114,941
Sep 201615933,50341.553.10$110,487
Aug 201635535,86241.442.92$119,584
Jul 201630837,27841.622.92$121,833
Jun 201623637,40745.352.69$111,171
May 201636536,20642.521.99$87,607
Apr 201632240,64636.561.99$92,700
Mar 201623619,25933.011.79$42,341
Feb 201623136,38926.472.06$81,208
Jan 201638140,91827.352.36$107,165
Dec 201536743,16632.362.00$98,269
Nov 201538945,47538.792.17$113,649
Oct 201535443,92643.552.43$122,007
Sep 201540041,20942.992.76$130,868
Aug 201552847,19140.162.87$156,760
Jul 201553650,10348.152.95$173,366
Jun 201544453,09156.152.88$177,985
May 201550953,66555.212.96$186,706
Apr 201551958,80349.822.71$185,011
Mar 201562462,52542.892.93$210,256
Feb 201563864,04044.662.98$219,088
Jan 201583086,94843.433.10$305,640
Dec 20141,269136,53554.693.59$559,748
Nov 2014719,66670.464.25$46,101
Oct 20140078.303.90$0
Sep 201433841,22386.164.05$195,887

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                9,116 Mcf  × $  3.05 =    $27,766

────────────────────────────────────────────────────
Month total                                  $27,766

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/274260 is the state's own key, not one this site invented.