REED "R"

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the FREESTONE (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 140719District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 960 leases and 960 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2016-11-15.

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: PLATS FOR INDIVIDUAL WELLS IN THE FIELD IF THEY CHOOSE.

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 Gas221992-05-29 – 2013-04-292 dockets
NGPA2none

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
CondensateDisposition142 bbl$13,521
GasProduction443,816 Mcf$1,426,089
Total$1,439,610

128,035 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 31.4628, -96.3267. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46281, -96.32668 · 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
11,975 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 11,975 ft.

Completions filed
Jul 2011
1 of 1 wells

1 well

42-29330725111,975 ftJul 2011

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
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 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 2016017245.352.69$462
May 2016010842.521.99$215
Apr 201604536.561.99$90
Mar 201602733.011.79$48
Feb 201603526.472.06$72
Jan 201603327.352.36$78
Dec 201504532.362.00$90
Nov 201503038.792.17$65
Oct 201501743.552.43$41
Sep 201503042.992.76$83
Aug 201502540.162.87$72
Jul 2015027248.152.95$801
Jun 201509656.152.88$277
May 2015019055.212.96$562
Apr 201506049.822.71$162
Mar 201504342.892.93$126
Feb 201506144.662.98$182
Jan 201507843.433.10$242
Dec 201406254.693.59$223
Nov 201405170.464.25$217
Oct 201406578.303.90$254
Sep 2014012786.164.05$514
Aug 201405089.394.04$202
Jul 201406496.564.18$267
Jun 20141366198.164.74$13,639
May 201406194.734.73$288
Apr 201408395.944.81$399
Mar 201405095.895.06$253
Feb 201405497.406.19$334
Jan 201404290.404.86$204
Dec 2013014591.824.35$631
Nov 201307588.853.74$280
Oct 2013010397.423.78$389
Sep 2013071104.113.72$264
Aug 2013043104.253.52$151
Jul 20130112102.523.72$416
Jun 201307194.403.93$279
May 201306294.834.15$257
Apr 201306593.964.28$278
Mar 2013010393.623.91$403
Feb 2013012491.233.42$424
Jan 2013011891.603.42$404
Dec 2012011286.773.42$383
Nov 2012011586.953.62$417
Oct 2012013889.383.40$469
Sep 2012015294.672.92$444
Aug 2012024692.662.91$715
Jul 2012022085.133.02$665
Jun 2012026479.822.52$665
May 2012040291.612.49$1,000
Apr 20120414101.652.00$827
Mar 20120637105.052.22$1,415
Feb 20120592101.102.57$1,522
Jan 2012094698.092.73$2,586
Dec 201101,48696.873.24$4,814
Nov 2011087195.723.31$2,884
Oct 201101,62684.983.65$5,933
Sep 201101,83683.623.99$7,318
Aug 201102,92883.404.15$12,149
Jul 201107,05494.144.52$31,865
Jun 2011060692.904.64$2,812
May 201102,02598.134.40$8,920
Apr 201103,221105.964.33$13,957
Mar 2011097196.364.06$3,940
Feb 201103585.644.18$146
Jan 2011035586.504.59$1,629
Dec 201008385.734.35$361
Nov 2010044680.843.80$1,693
Oct 2010047578.103.51$1,667
Sep 2010046872.633.98$1,862
Aug 2010046973.684.42$2,073
Jul 2010048672.554.74$2,302
Jun 2010047270.364.91$2,318
May 2010050871.124.24$2,151
Apr 2010049381.694.12$2,032
Mar 2010051678.394.39$2,265
Feb 2010049073.585.44$2,667
Jan 2010054574.365.96$3,250
Dec 2009055971.445.48$3,065
Nov 2009057774.593.75$2,165
Oct 2009062472.544.11$2,565
Sep 2009062965.543.06$1,928
Aug 2009058267.423.22$1,873
Jul 2009058361.133.46$2,020
Jun 2009057966.163.90$2,255
May 2009057854.743.93$2,269
Apr 2009057446.773.59$2,059
Mar 2009061742.144.06$2,504
Feb 2009063332.814.63$2,933
Jan 2009082935.865.37$4,453
Dec 2008086037.105.98$5,140
Nov 2008082155.496.86$5,632
Oct 2008094375.246.92$6,527
Sep 20080959101.767.88$7,554
Aug 200801,089114.228.48$9,238
Jul 200801,252131.0811.39$14,260
Jun 200801,458131.3313.03$19,002
May 200801,701123.1711.57$19,688
Apr 200802,164110.3110.45$22,624
Mar 200802,678101.909.66$25,880
Feb 2008088392.538.77$7,744
Jan 200801,25490.388.21$10,290
Dec 2007058788.337.30$4,286
Nov 2007034591.677.29$2,516
Oct 2007021182.856.92$1,461
Sep 2007010575.846.24$656
Aug 2007014569.066.39$926
Jul 2007017570.906.39$1,118
Jun 2007033262.007.55$2,506
May 2007071758.747.85$5,626
Apr 2007052059.617.81$4,059
Mar 200701,08856.927.30$7,945
Feb 200701655.108.22$131
Jan 2007047650.306.73$3,202
Dec 2006096956.656.92$6,704
Nov 200601,22554.207.62$9,331
Oct 200601,36854.906.01$8,227
Sep 200601,26260.085.04$6,357
Aug 200601,41168.717.34$10,357
Jul 200601,58769.376.34$10,066
Jun 200601,58966.286.38$10,144
May 200601,44766.016.42$9,297
Apr 200601,40564.397.36$10,341
Mar 200601,54556.707.08$10,943
Feb 200601,39657.597.75$10,821
Jan 200601,52160.598.93$13,588
Dec 200501,38254.9413.42$18,540
Nov 200501,44054.6910.59$15,247
Oct 200501,92958.3413.80$26,612
Sep 200501,79261.4512.08$21,646
Aug 200501,65261.519.80$16,184
Jul 200501,60855.697.84$12,613
Jun 200501,49052.337.38$10,998
May 200501,93645.226.65$12,877
Apr 200501,76049.207.36$12,954
Mar 200501,54950.377.15$11,083
Feb 200501,45845.226.31$9,203
Jan 2005090143.166.32$5,696
Dec 200402,09939.866.75$14,171
Nov 200402,19345.286.33$13,883
Oct 200402,03349.706.52$13,245
Sep 200402,15243.245.28$11,371
Aug 200402,41642.375.55$13,410
Jul 200402,50038.286.08$15,210
Jun 200401,91536.106.43$12,319
May 200401,27737.486.49$8,294
Apr 2004012934.475.86$756
Mar 200401,63134.365.53$9,020
Feb 200401,22232.455.51$6,733
Jan 200401,47832.036.30$9,311
Dec 200301,26130.266.30$7,946
Nov 200301,59128.804.60$7,311
Oct 200301,25428.174.76$5,969
Sep 200301,90826.314.75$9,062
Aug 200301,05429.765.13$5,407
Jul 200301,27429.415.17$6,588
Jun 200301,82828.565.98$10,937
May 200301,91126.595.97$11,414
Apr 200301,92426.675.41$10,404
Mar 200301,92231.146.10$11,717
Feb 200301,28533.487.93$10,185
Jan 200301,94230.315.58$10,840
Dec 200201,81826.914.85$8,824
Nov 200201,82524.664.14$7,550
Oct 200201,62426.464.23$6,868
Sep 200201,99527.443.64$7,252
Aug 200201,93925.963.16$6,135
Jul 200202,23724.583.06$6,849
Jun 200202,40723.733.34$8,035
May 200202,26724.663.58$8,125
Apr 200202,02423.653.51$7,109
Mar 200202,44922.003.10$7,599
Feb 200202,35618.222.38$5,597
Jan 200201,56417.172.38$3,716
Dec 200102,21516.932.36$5,237
Nov 200102,14518.072.41$5,160
Oct 200102,19619.782.53$5,553
Sep 200102,17024.262.25$4,885
Aug 200102,26524.873.05$6,915
Jul 200102,35923.933.20$7,542
Jun 200102,26424.563.82$8,658
May 200102,36325.524.31$10,178
Apr 200102,25424.685.34$12,026
Mar 200102,33524.545.38$12,554
Feb 200102,09527.755.77$12,082
Jan 200102,06327.478.40$17,327
Dec 200002,07826.889.12$18,957
Nov 200002,26432.215.66$12,810
Oct 200052,26431.235.15$11,806
Sep 200002,48531.875.19$12,888
Aug 200002,14429.644.54$9,735
Jul 200002,23828.534.09$9,153
Jun 200001,98629.304.40$8,733
May 200002,25927.263.68$8,313
Apr 200002,04824.513.12$6,382
Mar 200002,11528.422.86$6,048
Feb 200001,96427.622.73$5,355
Jan 200002,35225.272.48$5,834
Dec 199902,65224.282.42$6,428
Nov 199901,24623.192.43$3,033
Oct 199902,29920.982.80$6,446
Sep 199902,25121.752.62$5,895
Aug 199902,34519.262.88$6,743
Jul 199902,57417.892.37$6,106
Jun 199902,52415.942.36$5,962
May 199902,49715.792.32$5,796
Apr 199902,44315.102.21$5,394
Mar 199902,63712.471.84$4,848
Feb 199902,5309.981.82$4,599
Jan 199902,87110.381.90$5,455
Dec 199802,7649.201.77$4,901
Nov 199802,60710.892.19$5,698
Oct 199802,61112.421.97$5,142
Sep 199803,85412.592.08$8,026
Aug 199802,52211.301.91$4,810
Jul 199802,99811.742.24$6,707
Jun 199802,34111.242.24$5,237
May 199803,12412.622.21$6,893
Apr 199802,99013.042.51$7,491
Mar 199803,08112.802.31$7,115
Feb 199802,60113.952.30$5,980
Jan 199802,77014.702.15$5,969
Dec 199702,79916.322.41$6,749
Nov 199703,03118.193.09$9,361
Oct 199703,16319.253.15$9,963
Sep 199702,99917.742.95$8,862
Aug 199702,74717.862.55$7,018
Jul 199702,75617.582.25$6,193
Jun 199702,52717.242.26$5,704
May 199703,15818.972.31$7,290
Apr 199703,10417.882.08$6,465
Mar 199703,09418.951.94$6,000
Feb 199702,78420.492.21$6,141
Jan 199703,16523.483.54$11,203
Dec 199603,32323.32$0
Nov 199602,30721.97$0
Oct 199603,18923.31$0
Sep 199603,29222.22$0
Aug 199603,87320.26$0
Jul 199603,57619.55$0
Jun 199603,17518.73$0
May 199602,90019.43$0
Apr 199602,20521.51$0
Mar 199603,44819.38$0
Feb 199603,06816.98$0
Jan 199602,49617.07$0
Dec 199503,75617.19$0
Nov 199501,34316.00$0
Oct 199513,46015.43$15
Sep 199503,46016.18$0
Aug 199501,57015.92$0
Jul 199501,47515.24$0
Jun 199504,48216.41$0
May 199502,50517.56$0
Apr 199503,37317.73$0
Mar 199504,14616.44$0
Feb 1995024116.58$0
Jan 199503,38815.92$0
Dec 199403,67915.03$0
Nov 199403,66315.90$0
Oct 199404,75315.58$0
Sep 199403,84815.29$0
Aug 199403,51816.13$0
Jul 1994057817.56$0
Jun 199401,01917.09$0
May 1994056715.88$0
Apr 1994051514.14$0
Mar 19940012.46$0
Feb 199401,54012.50$0
Jan 199403,47712.66$0
Dec 199303,20012.33$0
Nov 199302,69214.49$0
Oct 199303,26615.85$0
Sep 199303,84215.03$0
Aug 199303,88215.66$0
Jul 199304,44015.46$0
Jun 199303,95716.79$0
May 199301,04517.68$0
Apr 199301,12518.05$0
Mar 199301,12518.14$0
Feb 199301,02717.90$0
Jan 199301,22616.93$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.

Jun 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 45.35 =         $0
Gas                  172 Mcf  × $  2.69 =       $462

────────────────────────────────────────────────────
Month total                                     $462

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/140719 is the state's own key, not one this site invented.