KINGSTREE RANCH GU E ALLOCATION

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 276767District 06Field 382912002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.9 M
Sep 2014 – May 2026
Value, last 12 filed months
$490 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 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 Gas112015-09-15217058
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
CondensateDisposition54,240 bbl$2,962,860
GasProduction3,141,850 Mcf$9,942,172
Total$12,905,033

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 32.6316, -94.4063. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.63158, -94.40627 · 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
9,898 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 9,898 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-203352143H9,898 ftOct 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 20261468,325106.413.05$40,892
Apr 20261477,70298.932.87$36,645
Mar 20261257,92489.753.15$36,175
Feb 20261187,17863.503.75$34,413
Jan 20261457,88659.138.00$71,645
Dec 20251558,01056.664.41$44,133
Nov 20251618,32458.593.93$42,117
Oct 20251558,57259.383.30$37,533
Sep 20251448,39862.743.08$34,875
Aug 20251498,72263.933.01$35,820
Jul 20251408,79766.743.32$38,507
Jun 20251448,74766.483.13$36,940
May 20251608,72060.553.23$37,874
Apr 20251638,64862.363.54$40,806
Mar 20251788,98167.704.27$50,384
Feb 20251478,32270.884.34$46,544
Jan 20251889,13274.324.28$53,045
Dec 20241829,16568.993.12$41,164
Nov 202415110,10669.052.20$32,644
Oct 20241739,44371.372.28$33,890
Sep 20241749,21369.612.36$33,895
Aug 20241369,58175.632.06$30,057
Jul 20241729,73079.932.15$34,634
Jun 20241589,45578.082.63$37,241
May 20241819,89478.812.20$36,016
Apr 20241769,59884.451.66$30,788
Mar 20241899,80180.301.55$30,321
Feb 20241909,26476.091.78$30,981
Jan 20241849,52473.023.30$44,843
Dec 20231778,84271.262.61$35,697
Nov 20231669,88477.892.81$40,680
Oct 202318710,29785.443.09$47,767
Sep 20231729,95789.042.74$42,548
Aug 202316710,36980.522.67$41,162
Jul 202317910,37274.852.64$40,799
Jun 202315010,19768.962.26$33,374
May 202320910,58070.622.23$38,325
Apr 202320610,26678.122.24$39,066
Mar 202322010,31272.852.39$40,705
Feb 20231659,18575.112.47$35,040
Jan 202321410,11076.533.39$50,627
Dec 202220410,30076.415.73$74,597
Nov 202218210,10385.005.65$72,514
Oct 202219810,65887.185.86$79,758
Sep 202214510,41884.888.16$97,357
Aug 202218310,85394.529.13$116,354
Jul 202217210,890101.587.54$99,605
Jun 202217410,518115.097.98$103,930
May 202220111,221109.378.43$116,611
Apr 202221711,443104.226.84$100,858
Mar 202223612,071108.885.08$86,973
Feb 202223310,80391.054.86$73,705
Jan 202226412,01981.844.54$76,144
Dec 202124111,96671.323.90$63,845
Nov 202122611,69577.435.24$78,744
Oct 202122012,33979.795.71$88,057
Sep 202121312,24269.865.35$80,386
Aug 202122413,13966.024.22$70,243
Jul 202123613,41670.783.98$70,128
Jun 202123212,87269.493.38$59,637
May 202124913,39863.483.02$56,237
Apr 202128513,11760.362.76$53,385
Mar 202126313,98161.302.72$54,107
Feb 202122710,84257.805.55$73,271
Jan 202130514,29150.412.81$55,537
Dec 202029414,58244.642.68$52,138
Nov 202029414,16538.772.71$49,737
Oct 202029214,72936.972.48$47,300
Sep 202023615,17337.091.99$38,963
Aug 202023414,94339.982.39$44,996
Jul 202024715,02038.371.83$36,891
Jun 202024114,89134.901.69$33,581
May 202030216,63916.921.81$35,305
Apr 202039118,24714.751.80$38,692
Mar 202037719,22130.341.86$47,117
Feb 202038318,21549.881.98$55,182
Jan 202036819,52857.252.09$61,974
Dec 201931919,15559.012.30$62,964
Nov 201920412,67555.302.75$46,146
Oct 201919513,09653.472.42$42,100
Sep 20191319,23955.052.66$31,762
Aug 201921813,80253.112.30$43,383
Jul 201919213,85156.272.46$44,878
Jun 201918712,51252.782.49$41,040
May 201918513,16758.482.74$46,901
Apr 201922615,73762.632.75$57,442
Mar 201932319,23756.803.06$77,252
Feb 201926114,80450.852.79$54,608
Jan 201932016,29946.033.23$67,346
Dec 201832817,63646.594.19$89,096
Nov 201831318,30252.934.24$94,117
Oct 201827719,72161.443.40$84,032
Sep 201826517,52059.543.11$70,230
Aug 201827119,70159.403.07$76,512
Jul 201827921,27965.142.93$80,562
Jun 201833121,73860.183.08$86,806
May 201833224,37965.382.90$92,425
Apr 201824624,47563.842.90$86,702
Mar 201828423,45261.222.79$82,743
Feb 201832822,93161.782.77$83,694
Jan 201863225,52262.874.01$142,060
Dec 201779225,96057.272.92$121,201
Nov 201771026,23755.423.12$121,165
Oct 201777327,11649.292.98$119,007
Sep 201743827,19747.523.09$104,779
Aug 201741129,55945.373.00$107,454
Jul 201744728,22243.873.09$106,739
Jun 201742830,07942.493.09$111,048
May 201748629,68645.373.26$118,927
Apr 201748433,39447.933.21$130,446
Mar 201751936,10346.772.98$131,993
Feb 201748433,10250.452.95$122,155
Jan 201751038,39549.413.42$156,464
Dec 201652638,17448.763.72$167,763
Nov 201649935,25542.492.64$114,429
Oct 201666339,51346.193.09$152,729
Sep 201658539,14941.553.10$145,693
Aug 201657340,95441.442.92$143,509
Jul 201657042,77641.622.92$148,815
Jun 201653343,07245.352.69$139,856
May 201650637,25342.521.99$95,687
Apr 201628635,55036.561.99$81,238
Mar 201632637,76133.011.79$78,505
Feb 201626438,35926.472.06$86,147
Jan 201632942,13227.352.36$108,613
Dec 201532641,63832.362.00$93,884
Nov 201597147,66238.792.17$140,964
Oct 20151,11745,34343.552.43$158,674
Sep 20151,17033,53242.992.76$142,794
Aug 20151,17236,27940.162.87$151,279
Jul 20151,35035,53948.152.95$169,668
Jun 20151,31440,19356.152.88$189,652
May 20151,39052,55955.212.96$232,077
Apr 20151,50062,65149.822.71$244,299
Mar 20151,75977,86042.892.93$303,940
Feb 20151,62971,60244.662.98$285,852
Jan 20152,04887,86743.433.10$361,388
Dec 20141,97399,61154.693.59$465,642
Nov 20141,360126,44270.464.25$633,437
Oct 2014540160,36378.303.90$667,852
Sep 20140086.164.05$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           146 bbl  × $106.41 =    $15,536
Gas                8,325 Mcf  × $  3.05 =    $25,357

────────────────────────────────────────────────────
Month total                                  $40,892

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/276767 is the state's own key, not one this site invented.