REESE

Operated by TRINITY OPERATING (USG), LLC (P-5 870209) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 283011District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$10.3 M
Aug 2017 – May 2026
Value, last 12 filed months
$61 k
at the published price for each month
Months reported
106
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 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
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 40 acres. The field rule took effect on 2013-04-09.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

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
CondensateDisposition1,315 bbl$74,903
GasProduction3,263,827 Mcf$10,200,992
Total$10,275,895

Every month this lease reported (106)

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

106 months

May 202602,017106.413.05$6,143
Apr 202601,79598.932.87$5,151
Mar 202601,74589.753.15$5,496
Feb 202601,34063.503.75$5,025
Jan 202601,21459.138.00$9,709
Dec 202501,24556.664.41$5,495
Nov 202501,18258.593.93$4,641
Oct 202501,22059.383.30$4,032
Sep 202501,18762.743.08$3,652
Aug 202501,23863.933.01$3,732
Jul 202501,25566.743.32$4,161
Jun 202501,24166.483.13$3,883
May 202501,22060.553.23$3,943
Apr 202501,04562.363.54$3,703
Mar 202501,11667.704.27$4,763
Feb 2025096770.884.34$4,198
Jan 2025074174.324.28$3,171
Dec 2024062168.993.12$1,938
Nov 2024092169.052.20$2,025
Oct 2024080371.372.28$1,832
Sep 2024081069.612.36$1,915
Aug 2024088375.632.06$1,822
Jul 2024083979.932.15$1,801
Jun 2024060178.082.63$1,583
May 2024033078.812.20$725
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 2023039877.892.81$1,117
Oct 2023072985.443.09$2,251
Sep 2023019789.042.74$539
Aug 202302,26180.522.67$6,043
Jul 202306,29174.852.64$16,620
Jun 2023010,33368.962.26$23,337
May 2023010,32970.622.23$23,007
Apr 2023011,64078.122.24$26,048
Mar 2023013,28972.852.39$31,803
Feb 2023013,11375.112.47$32,332
Jan 202305,45476.533.39$18,477
Dec 2022011,82776.415.73$67,758
Nov 2022011,76485.005.65$66,422
Oct 2022511,42387.185.86$67,418
Sep 2022011,68484.888.16$95,384
Aug 2022015,95394.529.13$145,606
Jul 2022013,169101.587.54$99,322
Jun 20221312,691115.097.98$102,735
May 2022013,085109.378.43$110,346
Apr 2022012,945104.226.84$88,513
Mar 2022012,904108.885.08$65,506
Feb 2022019,27791.054.86$93,664
Jan 2022025,10781.844.54$113,928
Dec 2021034,13371.323.90$133,089
Nov 2021037,08177.435.24$194,188
Oct 202104679.795.71$263
Sep 202102,66969.865.35$14,282
Aug 202103,65166.024.22$15,409
Jul 2021415,86470.783.98$63,455
Jun 20210069.493.38$0
May 20214224,48763.483.02$76,560
Apr 2021022,37160.362.76$61,709
Mar 2021026,52161.302.72$72,056
Feb 2021021,40057.805.55$118,726
Jan 2021026,69650.412.81$75,023
Dec 20204628,22344.642.68$77,563
Nov 2020026,18038.772.71$70,858
Oct 202029,30236.972.48$23,128
Sep 2020835,81137.091.99$71,598
Aug 2020038,83839.982.39$92,633
Jul 2020040,50238.371.83$73,921
Jun 20203137,24034.901.69$64,029
May 2020039,14516.921.81$71,038
Apr 2020140,16514.751.80$72,488
Mar 2020043,11730.341.86$80,035
Feb 2020031,56749.881.98$62,524
Jan 20205836,65557.252.09$80,103
Dec 20195546,93059.012.30$111,389
Nov 2019046,21655.302.75$127,126
Oct 2019051,89353.472.42$125,505
Sep 2019053,99755.052.66$143,485
Aug 20195651,40953.112.30$121,439
Jul 2019063,44756.272.46$156,083
Jun 2019060,98752.782.49$151,931
May 20194243,48658.482.74$121,622
Apr 20192129,25962.632.75$81,798
Mar 2019038,79456.803.06$118,791
Feb 2019448,01650.852.79$134,275
Jan 20191062,60846.033.23$202,570
Dec 20182252,50946.594.19$220,798
Nov 2018968,40152.934.24$290,308
Oct 20182634,47461.443.40$118,743
Sep 2018038,90459.543.11$120,914
Aug 20186451,31159.403.07$161,150
Jul 20181778,31965.142.93$230,729
Jun 20185084,97060.183.08$264,455
May 20185293,55365.382.90$274,778
Apr 20185595,60563.842.90$280,842
Mar 201851103,14861.222.79$290,579
Feb 2018105100,61661.782.77$284,803
Jan 201850125,61662.874.01$506,778
Dec 201789163,49557.272.92$482,751
Nov 2017115173,42255.423.12$547,166
Oct 2017170216,03649.292.98$652,962
Sep 201742211,73947.523.09$655,693
Aug 2017079,56445.373.00$239,042

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                2,017 Mcf  × $  3.05 =     $6,143

────────────────────────────────────────────────────
Month total                                   $6,143

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. 01/G/283011 is the state's own key, not one this site invented.