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 283023District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$12.4 M
Aug 2017 – May 2026
Value, last 12 filed months
$208 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
CondensateDisposition1,381 bbl$78,691
GasProduction3,873,038 Mcf$12,362,648
Total$12,441,339

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260589.753.15$16
Feb 2026049263.503.75$1,845
Jan 202601,69259.138.00$13,532
Dec 202506,68756.664.41$29,512
Nov 202508,11158.593.93$31,847
Oct 202508,81459.383.30$29,129
Sep 202508,93962.743.08$27,505
Aug 202509,56663.933.01$28,839
Jul 2025012,07966.743.32$40,044
Jun 202501,85466.483.13$5,801
May 202507,35960.553.23$23,787
Apr 202508,17662.363.54$28,969
Mar 202508,03467.704.27$34,292
Feb 202506,78270.884.34$29,440
Jan 202508,32774.324.28$35,629
Dec 202408,52868.993.12$26,619
Nov 202458,34569.052.20$18,691
Oct 202408,15771.372.28$18,609
Sep 202417,78069.612.36$18,464
Aug 202408,00675.632.06$16,521
Jul 2024109,11279.932.15$20,359
Jun 202408,96378.082.63$23,608
May 202439,42578.812.20$20,957
Apr 202408,68084.451.66$14,402
Mar 202409,21480.301.55$14,237
Feb 202408,88276.091.78$15,842
Jan 202409,62173.023.30$31,727
Dec 2023010,67471.262.61$27,867
Nov 2023011,67677.892.81$32,781
Oct 2023010,28085.443.09$31,737
Sep 2023011,32889.042.74$30,983
Aug 2023010,71180.522.67$28,629
Jul 2023011,35574.852.64$29,998
Jun 2023011,24368.962.26$25,392
May 2023015,70870.622.23$34,988
Apr 2023018,91778.122.24$42,332
Mar 2023021,37072.852.39$51,142
Feb 2023022,38275.112.47$55,187
Jan 202308,95176.533.39$30,323
Dec 2022021,63876.415.73$123,966
Nov 2022024,77685.005.65$139,890
Oct 2022219,26587.185.86$113,140
Sep 2022017,76284.888.16$145,003
Aug 2022044294.529.13$4,034
Jul 2022021,823101.587.54$164,591
Jun 2022520,501115.097.98$164,116
May 2022120,981109.378.43$177,043
Apr 2022020,141104.226.84$137,716
Mar 202209,571108.885.08$48,586
Feb 2022029,61391.054.86$143,885
Jan 2022050,15581.844.54$227,587
Dec 2021014,89271.323.90$58,066
Nov 20210077.435.24$0
Oct 2021010,14279.795.71$57,950
Sep 2021036,84269.865.35$197,139
Aug 2021036,95566.024.22$155,972
Jul 2021933,08370.783.98$132,376
Jun 2021031,41669.493.38$106,206
May 20216933,73463.483.02$106,178
Apr 2021032,04660.362.76$88,396
Mar 2021036,78861.302.72$99,951
Feb 2021031,26557.805.55$173,457
Jan 2021040,13950.412.81$112,801
Dec 20203937,68744.642.68$102,571
Nov 2020037,41138.772.71$101,255
Oct 2020218,52836.972.48$45,994
Sep 2020731,15937.091.99$62,298
Aug 2020034,07739.982.39$81,277
Jul 2020035,40938.371.83$64,626
Jun 20202833,25234.901.69$57,183
May 2020034,90416.921.81$63,342
Apr 2020136,43414.751.80$65,756
Mar 2020038,80730.341.86$72,035
Feb 2020037,58549.881.98$74,443
Jan 20204642,03157.252.09$90,678
Dec 20194342,72659.012.30$100,994
Nov 2019042,25655.302.75$116,234
Oct 2019047,55153.472.42$115,004
Sep 2019035,65055.052.66$94,732
Aug 20194154,38853.112.30$127,507
Jul 2019060,93856.272.46$149,911
Jun 2019021,27252.782.49$52,993
May 20194546,14958.482.74$129,095
Apr 20193164,83462.632.75$180,280
Mar 2019067,16856.803.06$205,675
Feb 2019563,13150.852.79$176,530
Jan 20191381,69046.033.23$264,308
Dec 20182663,39646.594.19$266,551
Nov 20181368,31952.934.24$290,172
Oct 20182653,01361.443.40$181,740
Sep 2018040,51059.543.11$125,905
Aug 20186652,45059.403.07$164,761
Jul 20181881,27465.142.93$239,458
Jun 20185389,13160.183.08$277,439
May 20185299,42465.382.90$291,809
Apr 20185196,74463.842.90$283,891
Mar 20185094,09861.222.79$265,297
Feb 201811099,39961.782.77$281,745
Jan 201850133,12262.874.01$536,872
Dec 201794163,98057.272.92$484,454
Nov 2017124185,11455.423.12$584,124
Oct 2017188234,34249.292.98$708,468
Sep 201754239,91847.523.09$743,260
Aug 2017073,57245.373.00$221,040

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                    5 Mcf  × $  3.15 =        $16

────────────────────────────────────────────────────
Month total                                      $16

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/283023 is the state's own key, not one this site invented.