REED, HUGH D. NO. 1 GAS UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the TEAGUE (CV-BOSSIER CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 134307District 05Field 88576304Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$2.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
401
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 1,075 leases and 1,075 wells, and the rule below applies to all of them.

Discovered
2006-06-06
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 20 acres. The field rule took effect on 2011-10-11.

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: REGULATORY PURPOSES.IT IS ORDERED THAT THE FIELD REMAIN SUSPENDED.

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
CondensateDisposition69 bbl$2,983
GasProduction657,414 Mcf$2,347,667
Total$2,350,650

101,719 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.7560, -96.1862. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75605, -96.18618 · 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
12,501 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 12,501 ft.

Completions filed
Mar 1990
1 of 1 wells

1 well

42-16130425112,501 ftMar 1990

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 (401)

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

401 months

May 20260677106.413.05$2,062
Apr 2026069098.932.87$1,980
Mar 2026097289.753.15$3,061
Feb 2026068363.503.75$2,561
Jan 2026067159.138.00$5,367
Dec 2025074956.664.41$3,306
Nov 2025078758.593.93$3,090
Oct 2025097259.383.30$3,212
Sep 202501,37862.743.08$4,240
Aug 202501,27163.933.01$3,832
Jul 202501,72066.743.32$5,702
Jun 202501,00566.483.13$3,144
May 2025068460.553.23$2,211
Apr 2025082562.363.54$2,923
Mar 202501,39467.704.27$5,950
Feb 202501,79370.884.34$7,783
Jan 2025079174.324.28$3,384
Dec 202401,51468.993.12$4,726
Nov 2024050669.052.20$1,112
Oct 2024048571.372.28$1,106
Sep 202401,06469.612.36$2,516
Aug 202401,62775.632.06$3,358
Jul 202401,90779.932.15$4,094
Jun 202401,34778.082.63$3,548
May 2024087778.812.20$1,928
Apr 2024075684.451.66$1,254
Mar 2024084480.301.55$1,304
Feb 202401,35976.091.78$2,424
Jan 202401,50073.023.30$4,946
Dec 2023062371.262.61$1,626
Nov 202301,37977.892.81$3,872
Oct 2023097185.443.09$2,998
Sep 2023091089.042.74$2,489
Aug 2023074080.522.67$1,978
Jul 2023098374.852.64$2,597
Jun 2023030368.962.26$684
May 2023074870.622.23$1,666
Apr 2023060678.122.24$1,356
Mar 202301,38572.852.39$3,315
Feb 2023038575.112.47$949
Jan 2023085076.533.39$2,880
Dec 2022060576.415.73$3,466
Nov 2022069485.005.65$3,918
Oct 2022069087.185.86$4,046
Sep 2022033284.888.16$2,710
Aug 2022051994.529.13$4,737
Jul 20220319101.587.54$2,406
Jun 20220316115.097.98$2,521
May 20220541109.378.43$4,562
Apr 20220710104.226.84$4,855
Mar 20220230108.885.08$1,168
Feb 2022029691.054.86$1,438
Jan 2022027281.844.54$1,234
Dec 202101,13671.323.90$4,429
Nov 2021048377.435.24$2,529
Oct 2021079779.795.71$4,554
Sep 2021078369.865.35$4,190
Aug 202101,12566.024.22$4,748
Jul 202101,38570.783.98$5,515
Jun 2021029469.493.38$994
May 2021059663.483.02$1,799
Apr 2021025260.362.76$695
Mar 2021042061.302.72$1,141
Feb 2021080057.805.55$4,438
Jan 2021084150.412.81$2,363
Dec 2020087444.642.68$2,338
Nov 2020077938.772.71$2,108
Oct 2020091636.972.48$2,270
Sep 2020097237.091.99$1,935
Aug 202001,29739.982.39$3,093
Jul 2020089738.371.83$1,637
Jun 2020018034.901.69$304
May 2020037816.921.81$686
Apr 2020037914.751.80$684
Mar 2020065030.341.86$1,207
Feb 202001,00449.881.98$1,989
Jan 2020074457.252.09$1,558
Dec 201901,37059.012.30$3,157
Nov 201901,66855.302.75$4,588
Oct 201902,11253.472.42$5,108
Sep 201902,20255.052.66$5,851
Aug 201902,26553.112.30$5,219
Jul 2019095356.272.46$2,344
Jun 2019012352.782.49$306
May 201901,02158.482.74$2,798
Apr 201901,76762.632.75$4,860
Mar 201901,42956.803.06$4,376
Feb 201901,02250.852.79$2,854
Jan 201901,41146.033.23$4,555
Dec 201801,30946.594.19$5,479
Nov 201801,23952.934.24$5,250
Oct 201801,37061.443.40$4,655
Sep 201801,47559.543.11$4,584
Aug 201801,62759.403.07$4,989
Jul 201801,49065.142.93$4,369
Jun 201801,42660.183.08$4,388
May 201801,69965.382.90$4,928
Apr 201801,62363.842.90$4,708
Mar 201801,79561.222.79$5,002
Feb 201801,67761.782.77$4,639
Jan 201801,88162.874.01$7,542
Dec 201702,01957.272.92$5,899
Nov 201701,99755.423.12$6,227
Oct 201701,96549.292.98$5,863
Sep 201701,87847.523.09$5,798
Aug 201702,03245.373.00$6,105
Jul 201701,94643.873.09$6,008
Jun 201701,98842.493.09$6,138
May 201702,15245.373.26$7,023
Apr 201701,84947.933.21$5,938
Mar 201702,23846.772.98$6,677
Feb 201702,19650.452.95$6,484
Jan 201701,07849.413.42$3,685
Dec 2016050148.763.72$1,865
Nov 2016059742.492.64$1,579
Oct 2016092046.193.09$2,843
Sep 2016092741.553.10$2,874
Aug 201601,26041.442.92$3,685
Jul 201601,31141.622.92$3,834
Jun 201601,46645.352.69$3,937
May 201601,52242.521.99$3,030
Apr 201601,91236.561.99$3,807
Mar 201602,10433.011.79$3,775
Feb 201601,79426.472.06$3,702
Jan 201601,58927.352.36$3,757
Dec 201501,54432.362.00$3,090
Nov 201501,36738.792.17$2,963
Oct 201502,21043.552.43$5,363
Sep 201501,96642.992.76$5,423
Aug 201501,81240.162.87$5,205
Jul 201501,55848.152.95$4,588
Jun 201501,41956.152.88$4,091
May 201501,54055.212.96$4,551
Apr 201501,95249.822.71$5,283
Mar 201501,94142.892.93$5,696
Feb 201502,13644.662.98$6,357
Jan 201501,77443.433.10$5,501
Dec 201401,93154.693.59$6,935
Nov 201401,84970.464.25$7,862
Oct 201401,79578.303.90$7,002
Sep 201401,80386.164.05$7,294
Aug 201401,92089.394.04$7,747
Jul 201402,42896.564.18$10,148
Jun 201402,51698.164.74$11,918
May 201401,86894.734.73$8,829
Apr 201402,45795.944.81$11,816
Mar 201402,20695.895.06$11,155
Feb 201401,47297.406.19$9,115
Jan 201401,05490.404.86$5,123
Dec 2013036291.824.35$1,576
Nov 201301,44888.853.74$5,413
Oct 201301,59497.423.78$6,024
Sep 201301,298104.113.72$4,826
Aug 201301,815104.253.52$6,394
Jul 201301,694102.523.72$6,298
Jun 2013055194.403.93$2,167
May 201301,17394.834.15$4,867
Apr 201301,27593.964.28$5,460
Mar 201301,12193.623.91$4,386
Feb 2013031291.233.42$1,067
Jan 201301,81391.603.42$6,200
Dec 201201,90686.773.42$6,519
Nov 201201,31686.953.62$4,770
Oct 201201,38689.383.40$4,712
Sep 201202,45694.672.92$7,168
Aug 201202,64792.662.91$7,698
Jul 201201,21185.133.02$3,658
Jun 201201,61179.822.52$4,058
May 201202,53891.612.49$6,315
Apr 201202,478101.652.00$4,948
Mar 201201,371105.052.22$3,046
Feb 201202,313101.102.57$5,945
Jan 201202,62298.092.73$7,169
Dec 201102,71796.873.24$8,802
Nov 201101,44095.723.31$4,768
Oct 201102,79884.983.65$10,209
Sep 201102,59783.623.99$10,351
Aug 201101,92383.404.15$7,979
Jul 201102,51094.144.52$11,338
Jun 201102,82392.904.64$13,098
May 201101,43098.134.40$6,299
Apr 201102,857105.964.33$12,380
Mar 201102,48196.364.06$10,066
Feb 201101,81485.644.18$7,582
Jan 201101,31186.504.59$6,016
Dec 201001,19985.734.35$5,213
Nov 201002,97080.843.80$11,272
Oct 201002,99278.103.51$10,499
Sep 201002,27672.633.98$9,057
Aug 201002,27073.684.42$10,032
Jul 201011,72872.554.74$8,257
Jun 201003,19970.364.91$15,708
May 201002,85371.124.24$12,083
Apr 201003,06981.694.12$12,653
Mar 201003,12578.394.39$13,715
Feb 201002,68873.585.44$14,629
Jan 201003,10974.365.96$18,542
Dec 200903,64771.445.48$19,999
Nov 200904,19574.593.75$15,738
Oct 200905,22072.544.11$21,456
Sep 200906,58965.543.06$20,194
Aug 200902,24867.423.22$7,235
Jul 2009057261.133.46$1,982
Jun 2009061266.163.90$2,384
May 2009059954.743.93$2,352
Apr 2009059546.773.59$2,135
Mar 2009063542.144.06$2,577
Feb 2009060432.814.63$2,798
Jan 2009064535.865.37$3,464
Dec 2008063837.105.98$3,813
Nov 2008068355.496.86$4,686
Oct 2008063475.246.92$4,389
Sep 20080632101.767.88$4,978
Aug 20080686114.228.48$5,819
Jul 20080716131.0811.39$8,155
Jun 20080728131.3313.03$9,488
May 20080759123.1711.57$8,785
Apr 20080830110.3110.45$8,678
Mar 20080939101.909.66$9,075
Feb 2008088292.538.77$7,736
Jan 2008076190.388.21$6,245
Dec 2007078888.337.30$5,754
Nov 2007075691.677.29$5,513
Oct 2007082282.856.92$5,690
Sep 2007075175.846.24$4,689
Aug 2007076569.066.39$4,887
Jul 2007079870.906.39$5,098
Jun 2007053162.007.55$4,008
May 2007070658.747.85$5,539
Apr 2007095659.617.81$7,462
Mar 2007067056.927.30$4,892
Feb 2007060555.108.22$4,971
Jan 2007073750.306.73$4,958
Dec 2006066256.656.92$4,580
Nov 2006053754.207.62$4,091
Oct 2006077354.906.01$4,649
Sep 2006092960.085.04$4,680
Aug 200601,02668.717.34$7,531
Jul 200601,41569.376.34$8,975
Jun 2006041966.286.38$2,675
May 2006076666.016.42$4,922
Apr 200601,18064.397.36$8,685
Mar 200601,73656.707.08$12,296
Feb 200601,59457.597.75$12,355
Jan 200602,08060.598.93$18,581
Dec 200502,33754.9413.42$31,352
Nov 200502,40254.6910.59$25,433
Oct 200502,41758.3413.80$33,344
Sep 200503,11061.4512.08$37,566
Aug 200503,46661.519.80$33,956
Jul 200503,27055.697.84$25,649
Jun 200502,05852.337.38$15,190
May 200501,07045.226.65$7,117
Apr 200501,02449.207.36$7,537
Mar 200501,21550.377.15$8,693
Feb 200501,23045.226.31$7,764
Jan 200502,32843.166.32$14,718
Dec 200403,25339.866.75$21,961
Nov 2004581,90145.286.33$14,660
Oct 200401,36949.706.52$8,919
Sep 200401,65243.245.28$8,729
Aug 200402,10342.375.55$11,673
Jul 200401,68138.286.08$10,228
Jun 200401,37836.106.43$8,865
May 200401,53937.486.49$9,995
Apr 200402,67734.475.86$15,683
Mar 200402,43134.365.53$13,444
Feb 200412,74632.455.51$15,162
Jan 200403,01332.036.30$18,981
Dec 200301,78630.266.30$11,255
Nov 200301,84628.804.60$8,483
Oct 200312,16928.174.76$10,352
Sep 200302,70726.314.75$12,857
Aug 200301,80729.765.13$9,269
Jul 200302,44729.415.17$12,653
Jun 200303,12328.565.98$18,685
May 200303,16926.595.97$18,927
Apr 200313,81426.675.41$20,650
Mar 200324,44731.146.10$27,171
Feb 200303,94733.487.93$31,283
Jan 200314,68830.315.58$26,199
Dec 200215,78326.914.85$28,096
Nov 200206,47224.664.14$26,774
Oct 200223,74026.464.23$15,870
Sep 200203,03927.443.64$11,047
Aug 200201,74525.963.16$5,521
Jul 200201,09824.583.06$3,362
Jun 200201,38823.733.34$4,633
May 200203,21224.663.58$11,512
Apr 200202,74923.653.51$9,655
Mar 2002092622.003.10$2,873
Feb 200201,10318.222.38$2,620
Jan 200201,10417.172.38$2,623
Dec 200101,22816.932.36$2,903
Nov 200101,20218.072.41$2,891
Oct 200101,19919.782.53$3,032
Sep 200101,03424.262.25$2,328
Aug 200101,14324.873.05$3,490
Jul 200101,09623.933.20$3,504
Jun 200111,06224.563.82$4,086
May 200101,13225.524.31$4,876
Apr 200101,12524.685.34$6,002
Mar 200101,15924.545.38$6,231
Feb 200102,34627.755.77$13,530
Jan 200104,40327.478.40$36,980
Dec 2000064126.889.12$5,848
Nov 200001,11332.215.66$6,297
Oct 2000078431.235.15$4,034
Sep 200001,12231.875.19$5,819
Aug 200001,18729.644.54$5,390
Jul 200001,18528.534.09$4,846
Jun 200001,09829.304.40$4,828
May 200001,12927.263.68$4,154
Apr 200001,23024.513.12$3,833
Mar 200002,53228.422.86$7,241
Feb 200002,21627.622.73$6,042
Jan 2000099225.272.48$2,461
Dec 199901,52924.282.42$3,706
Nov 199901,39523.192.43$3,395
Oct 199901,46020.982.80$4,093
Sep 199901,05621.752.62$2,766
Aug 1999085319.262.88$2,453
Jul 199901,21317.892.37$2,878
Jun 199903,06015.942.36$7,228
May 199901,44715.792.32$3,359
Apr 199903,25415.102.21$7,185
Mar 199901,36812.471.84$2,515
Feb 199901,0559.981.82$1,918
Jan 199901,16210.381.90$2,208
Dec 199801,3529.201.77$2,398
Nov 199802,69310.892.19$5,886
Oct 199801,86212.421.97$3,667
Sep 1998054512.592.08$1,135
Aug 199801,55011.301.91$2,956
Jul 199802,25111.742.24$5,036
Jun 199801,94611.242.24$4,354
May 199802,72712.622.21$6,017
Apr 199803,04813.042.51$7,636
Mar 199801,05012.802.31$2,425
Feb 1998097613.952.30$2,244
Jan 199801,57714.702.15$3,398
Dec 199704,43916.322.41$10,703
Nov 1997052518.193.09$1,621
Oct 199702,56719.253.15$8,086
Sep 199701,06417.742.95$3,144
Aug 199701,22417.862.55$3,127
Jul 199702,77717.582.25$6,240
Jun 199702,31317.242.26$5,221
May 199701,07418.972.31$2,479
Apr 199701,48117.882.08$3,085
Mar 199704,28218.951.94$8,303
Feb 1997089520.492.21$1,974
Jan 199701,79723.483.54$6,361
Dec 199604,26523.32$0
Nov 199601,19421.97$0
Oct 199604,70823.31$0
Sep 1996035522.22$0
Aug 1996087820.26$0
Jul 199601,01519.55$0
Jun 199601,09618.73$0
May 199601,03219.43$0
Apr 199601,06721.51$0
Mar 199601,32419.38$0
Feb 199601,98516.98$0
Jan 199604,34617.07$0
Dec 199501,28317.19$0
Nov 199501,21816.00$0
Oct 199501,48215.43$0
Sep 199502,01816.18$0
Aug 199505,04115.92$0
Jul 199501,56715.24$0
Jun 199501,61116.41$0
May 199502,03417.56$0
Apr 199503,51017.73$0
Mar 199504,08916.44$0
Feb 1995069116.58$0
Jan 199502,58415.92$0
Dec 199407,13715.03$0
Nov 1994042115.90$0
Oct 19940015.58$0
Sep 1994019415.29$0
Aug 1994093516.13$0
Jul 199401,10917.56$0
Jun 199401,69617.09$0
May 199402,42115.88$0
Apr 199404,84014.14$0
Mar 199401,47912.46$0
Feb 199401,45512.50$0
Jan 199401,56112.66$0
Dec 199301,75612.33$0
Nov 199301,74114.49$0
Oct 199301,65115.85$0
Sep 199303,55215.03$0
Aug 199301,92715.66$0
Jul 199304,93615.46$0
Jun 199301,21616.79$0
May 199301,84517.68$0
Apr 199303,08518.05$0
Mar 199303,37918.14$0
Feb 199301,46317.90$0
Jan 199301,52716.93$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             0 bbl  × $106.41 =         $0
Gas                  677 Mcf  × $  3.05 =     $2,062

────────────────────────────────────────────────────
Month total                                   $2,062

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. 05/G/134307 is the state's own key, not one this site invented.