REED, HUGH D., JR.

Operated by PHILLIPS, JACK L. CO. (P-5 663109) in the NAN-SU-GAIL (SUB-CLARKSVILLE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 15497District 05Field 64409333CondensateGasSaveExport
Value, all time
$2.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$3 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 69 leases and 69 wells, and the rule below applies to all of them.

Discovered
1957-05-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1958-11-03.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA RESUSPENDED ADMINISTRATIVELY EFF. 8-1-95.

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
CondensateDisposition5,746 bbl$244,675
GasProduction674,607 Mcf$2,083,704
Total$2,328,380

197,039 Mcf of this lease's gas, across 48 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 31.7219, -96.0759. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72195, -96.07592 · 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
4,584 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 4,584 ft.

Completions filed
Mar 1961
1 of 1 wells

1 well

42-1610056714,584 ftMar 1961

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 20264098.932.87$396
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202513058.593.93$762
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025051966.483.13$1,624
May 2025077260.553.23$2,495
Apr 20253380762.363.54$4,917
Mar 2025080767.704.27$3,445
Feb 2025056270.884.34$2,440
Jan 2025060574.324.28$2,589
Dec 20243138868.993.12$3,350
Nov 2024060869.052.20$1,337
Oct 2024055471.372.28$1,264
Sep 2024064669.612.36$1,527
Aug 2024078175.632.06$1,612
Jul 20242954979.932.15$3,496
Jun 2024019478.082.63$511
May 2024031278.812.20$686
Apr 2024033484.451.66$554
Mar 2024042080.301.55$649
Feb 2024064876.091.78$1,156
Jan 2024049273.023.30$1,622
Dec 2023056371.262.61$1,470
Nov 20234159677.892.81$4,867
Oct 2023067885.443.09$2,093
Sep 2023065689.042.74$1,794
Aug 2023059980.522.67$1,601
Jul 20233856574.852.64$4,337
Jun 2023064968.962.26$1,466
May 2023067170.622.23$1,495
Apr 2023066078.122.24$1,477
Mar 20234190372.852.39$5,148
Feb 2023056575.112.47$1,393
Jan 2023082676.533.39$2,798
Dec 2022051676.415.73$2,956
Nov 20224461585.005.65$7,212
Oct 2022059787.185.86$3,501
Sep 2022063384.888.16$5,168
Aug 2022062894.529.13$5,732
Jul 202228396101.587.54$5,831
Jun 20220635115.097.98$5,066
May 20220730109.378.43$6,156
Apr 20220702104.226.84$4,800
Mar 202232699108.885.08$7,033
Feb 202201,02591.054.86$4,980
Jan 2022096581.844.54$4,379
Dec 20212472971.323.90$4,554
Nov 202101,14777.435.24$6,007
Oct 202101,11679.795.71$6,377
Sep 2021094269.865.35$5,041
Aug 20212997166.024.22$6,013
Jul 2021093370.783.98$3,715
Jun 2021087869.493.38$2,968
May 2021073463.483.02$2,215
Apr 20213174960.362.76$3,937
Mar 2021072761.302.72$1,975
Feb 2021046057.805.55$2,552
Jan 2021060150.412.81$1,689
Dec 2020046744.642.68$1,249
Nov 2020082538.772.71$2,233
Oct 2020096236.972.48$2,384
Sep 2020044637.091.99$888
Aug 2020082839.982.39$1,975
Jul 2020083638.371.83$1,526
Jun 2020083634.901.69$1,413
May 2020036316.921.81$659
Apr 20203344314.751.80$1,286
Mar 2020059830.341.86$1,110
Feb 2020051549.881.98$1,020
Jan 20204557757.252.09$3,785
Dec 2019064459.012.30$1,484
Nov 2019057955.302.75$1,593
Oct 2019022853.472.42$551
Sep 20190055.052.66$0
Aug 2019798053.112.30$4,380
Jul 20190056.272.46$0
Jun 2019011952.782.49$296
May 2019611,08258.482.74$6,532
Apr 2019093262.632.75$2,564
Mar 201901,05556.803.06$3,231
Feb 20194384950.852.79$4,557
Jan 201901,13346.033.23$3,658
Dec 201801,02446.594.19$4,286
Nov 20183784252.934.24$5,526
Oct 201801,10661.443.40$3,758
Sep 2018091659.543.11$2,847
Aug 2018015059.403.07$460
Jul 2018088365.142.93$2,589
Jun 2018096560.183.08$2,969
May 2018094265.382.90$2,733
Apr 2018090363.842.90$2,619
Mar 201801,06861.222.79$2,976
Feb 2018088561.782.77$2,448
Jan 2018096962.874.01$3,885
Dec 20173765457.272.92$4,030
Nov 2017072755.423.12$2,267
Oct 2017097949.292.98$2,921
Sep 20173697747.523.09$4,727
Aug 201701,01445.373.00$3,046
Jul 2017099943.873.09$3,084
Jun 2017092842.493.09$2,865
May 201701,04345.373.26$3,404
Apr 2017092847.933.21$2,980
Mar 2017097146.772.98$2,897
Feb 20173389350.452.95$4,302
Jan 2017099049.413.42$3,385
Dec 201601,03248.763.72$3,842
Nov 20162895242.492.64$3,707
Oct 2016090946.193.09$2,809
Sep 2016086541.553.10$2,682
Aug 2016086941.442.92$2,541
Jul 2016087641.622.92$2,562
Jun 2016082545.352.69$2,216
May 20162886542.521.99$2,913
Apr 2016082436.561.99$1,641
Mar 2016098133.011.79$1,760
Feb 20162866926.472.06$2,122
Jan 2016074027.352.36$1,750
Dec 2015075232.362.00$1,505
Nov 20153777438.792.17$3,113
Oct 2015098443.552.43$2,388
Sep 201501,17342.992.76$3,236
Aug 2015088040.162.87$2,528
Jul 2015491,04848.152.95$5,446
Jun 2015094656.152.88$2,727
May 201501,04255.212.96$3,080
Apr 2015491,06149.822.71$5,313
Mar 201501,10742.892.93$3,249
Feb 201501,08144.662.98$3,217
Jan 20157695543.433.10$6,262
Dec 2014088354.693.59$3,171
Nov 2014064570.464.25$2,742
Oct 20142775578.303.90$5,059
Sep 2014083886.164.05$3,390
Aug 2014077089.394.04$3,107
Jul 2014081496.564.18$3,402
Jun 2014071098.164.74$3,363
May 2014070094.734.73$3,309
Apr 2014017995.944.81$861
Mar 20143855495.895.06$6,445
Feb 2014044197.406.19$2,731
Jan 2014043090.404.86$2,090
Dec 20132870091.824.35$5,619
Nov 2013081988.853.74$3,062
Oct 2013068997.423.78$2,604
Sep 20130659104.113.72$2,450
Aug 20130782104.253.52$2,755
Jul 20130952102.523.72$3,539
Jun 2013066394.403.93$2,608
May 20132981394.834.15$6,123
Apr 2013078193.964.28$3,345
Mar 2013082093.623.91$3,209
Feb 2013071691.233.42$2,449
Jan 2013061491.603.42$2,100
Dec 2012063886.773.42$2,182
Nov 20122768486.953.62$4,827
Oct 2012053489.383.40$1,815
Sep 2012084094.672.92$2,451
Aug 2012097192.662.91$2,824
Jul 2012083785.133.02$2,528
Jun 20123086779.822.52$4,579
May 2012089891.612.49$2,235
Apr 20120826101.652.00$1,649
Mar 201232826105.052.22$5,197
Feb 20120678101.102.57$1,743
Jan 2012045798.092.73$1,249
Dec 20113768796.873.24$5,810
Nov 2011097395.723.31$3,222
Oct 2011075884.983.65$2,766
Sep 2011017583.623.99$698
Aug 2011023983.404.15$992
Jul 2011021294.144.52$958
Jun 2011068992.904.64$3,197
May 20114277798.134.40$7,544
Apr 20110802105.964.33$3,475
Mar 20114459796.364.06$6,662
Feb 201101,19285.644.18$4,983
Jan 2011621,28286.504.59$11,246
Dec 201001,35685.734.35$5,896
Nov 201001,31280.843.80$4,979
Oct 201001,15478.103.51$4,049
Sep 2010501,06372.633.98$7,862
Aug 2010088173.684.42$3,893
Jul 2010088172.554.74$4,173
Jun 20107638170.364.91$7,218
May 2010085671.124.24$3,625
Apr 2010075181.694.12$3,096
Mar 2010080278.394.39$3,520
Feb 2010951,38573.585.44$14,528
Jan 20100074.365.96$0
Dec 200901,17371.445.48$6,432
Nov 200905,02674.593.75$18,855
Oct 2009581,06472.544.11$8,581
Sep 2009099165.543.06$3,037
Aug 200901,06267.423.22$3,418
Jul 2009086661.133.46$3,000
Jun 20095273866.163.90$6,315
May 2009082154.743.93$3,223
Apr 2009082546.773.59$2,960
Mar 200901,01142.144.06$4,104
Feb 2009082032.814.63$3,799
Jan 200902,06635.865.37$11,096
Dec 200801,37437.105.98$8,213
Nov 2008466455.496.86$2,992
Oct 200801,46275.246.92$10,120
Sep 20080712101.767.88$5,608
Aug 200801,225114.228.48$10,392
Jul 200801,133131.0811.39$12,904
Jun 2008481,187131.3313.03$21,774
May 200802,191123.1711.57$25,359
Apr 200801,113110.3110.45$11,636
Mar 20080996101.909.66$9,625
Feb 20084754292.538.77$9,103
Jan 2008090290.388.21$7,402
Dec 200701,25188.337.30$9,135
Nov 200701,44791.677.29$10,551
Oct 200701,35182.856.92$9,352
Sep 200701,42575.846.24$8,898
Aug 200701,47869.066.39$9,441
Jul 200701,38170.906.39$8,822
Jun 200701,35362.007.55$10,213
May 200701,40358.747.85$11,008
Apr 200701,34159.617.81$10,467
Mar 200701,18656.927.30$8,660
Feb 200701,23055.108.22$10,106
Jan 200701,32650.306.73$8,920
Dec 200601,70756.656.92$11,810
Nov 200602,00454.207.62$15,265
Oct 200601,80954.906.01$10,879
Sep 200601,87060.085.04$9,420
Aug 2006311,87768.717.34$15,907
Jul 200602,03669.376.34$12,914
Jun 200601,79366.286.38$11,446
May 2006591,99766.016.42$16,725
Apr 200601,93764.397.36$14,257
Mar 2006651,92756.707.08$17,334
Feb 200601,43557.597.75$11,123
Jan 2006772,11860.598.93$23,586
Dec 200502,97354.9413.42$39,884
Nov 2005541,17154.6910.59$15,352
Oct 2005602,15758.3413.80$33,258
Sep 200502,23561.4512.08$26,997
Aug 200502,34561.519.80$22,974
Jul 200502,18055.697.84$17,099
Jun 2005472,19552.337.38$18,661
May 200502,11545.226.65$14,067
Apr 2005532,39949.207.36$20,265
Mar 200502,20150.377.15$15,748
Feb 2005562,20945.226.31$16,475
Jan 200502,54943.166.32$16,115
Dec 2004612,66039.866.75$20,389
Nov 2004572,91845.286.33$21,053
Oct 2004552,58349.706.52$19,562
Sep 200402,79643.245.28$14,774
Aug 200402,88842.375.55$16,030
Jul 2004512,72338.286.08$18,520
Jun 2004522,50336.106.43$17,979
May 200402,31337.486.49$15,022
Apr 2004552,64334.475.86$17,380
Mar 200402,22534.365.53$12,305
Feb 2004663,38232.455.51$20,775
Jan 200402,62432.036.30$16,530
Dec 2003672,61030.266.30$18,475
Nov 200302,15828.804.60$9,916
Oct 20031012,49228.174.76$14,706
Sep 200302,47926.314.75$11,774
Aug 2003492,65329.765.13$15,067
Jul 2003432,32429.415.17$13,282
Jun 200302,12328.565.98$12,702
May 200302,22526.595.97$13,289
Apr 200302,36026.675.41$12,761
Mar 2003472,19431.146.10$14,838
Feb 2003452,13233.487.93$18,405
Jan 2003461,63130.315.58$10,499
Dec 200202,02126.914.85$9,809
Nov 2002432,07624.664.14$9,649
Oct 200202,55626.464.23$10,810
Sep 200202,30627.443.64$8,383
Aug 2002532,73925.963.16$10,043
Jul 200202,51124.583.06$7,688
Jun 200202,72323.733.34$9,090
May 2002552,82724.663.58$11,488
Apr 2002572,78523.653.51$11,130
Mar 200202,61022.003.10$8,098
Feb 200202,29218.222.38$5,445
Jan 2002653,33417.172.38$9,037
Dec 2001533,25616.932.36$8,596
Nov 2001583,04618.072.41$8,375
Oct 2001472,70419.782.53$7,768
Sep 2001472,53424.262.25$6,845
Aug 200103,00024.873.05$9,159
Jul 2001473,04423.933.20$10,857
Jun 2001531,95324.563.82$8,770
May 2001612,84425.524.31$13,807
Apr 2001082724.685.34$4,412
Mar 20010024.545.38$0
Feb 200187027.755.77$2,414
Jan 200102,98827.478.40$25,095
Dec 200001,88226.889.12$17,169
Nov 200001,70132.215.66$9,624
Oct 2000482,53131.235.15$14,522
Sep 2000502,66331.875.19$15,405
Aug 200002,26329.644.54$10,276
Jul 200002,14428.534.09$8,768
Jun 200002,36029.304.40$10,378
May 200002,37827.263.68$8,750
Apr 200001,52124.513.12$4,739
Mar 200002,09428.422.86$5,988
Feb 20001172,59827.622.73$10,315
Jan 200002,66825.272.48$6,618
Dec 1999532,84624.282.42$8,185
Nov 1999462,95223.192.43$8,252
Oct 1999522,81920.982.80$8,995
Sep 199902,58021.752.62$6,757
Aug 199902,45719.262.88$7,065
Jul 1999672,56117.892.37$7,274
Jun 199902,88115.942.36$6,805
May 1999543,31915.792.32$8,556
Apr 1999523,64215.102.21$8,827
Mar 199903,87412.471.84$7,122
Feb 199903,1029.981.82$5,639
Jan 1999464,11310.381.90$8,292
Dec 199804,8659.201.77$8,627
Nov 199803,25510.892.19$7,115
Oct 199804,09312.421.97$8,060
Sep 1998354,25212.592.08$9,296
Aug 199803,60111.301.91$6,868
Jul 199803,47811.742.24$7,781
Jun 199803,60911.242.24$8,074
May 199803,42312.622.21$7,552
Apr 19983339313.042.51$1,415
Mar 19980012.802.31$0
Feb 199801,63513.952.30$3,759
Jan 199802,76714.702.15$5,962
Dec 1997501,96416.322.41$5,551
Nov 199701,40518.193.09$4,339
Oct 199703,42619.253.15$10,791
Sep 199703,11817.742.95$9,213
Aug 1997463,96817.862.55$10,959
Jul 199701,60417.582.25$3,604
Jun 199702,92917.242.26$6,611
May 1997441,59418.972.31$4,514
Apr 19970017.882.08$0
Mar 199701,80618.951.94$3,502
Feb 1997522,74520.492.21$7,121
Jan 199702,89123.483.54$10,233
Dec 19961013,30023.32$2,355
Nov 199603,95421.97$0
Oct 199602,56723.31$0
Sep 199602,46822.22$0
Aug 199602,88920.26$0
Jul 1996493,70319.55$958
Jun 199603,80118.73$0
May 199603,78319.43$0
Apr 1996523,78321.51$1,119
Mar 199604,44119.38$0
Feb 1996484,46316.98$815
Jan 1996994,83617.07$1,690
Dec 1995643,89817.19$1,100
Nov 199504,57316.00$0
Oct 1995523,54415.43$802
Sep 199504,95016.18$0
Aug 1995371,96315.92$589
Jul 1995351,79615.24$533
Jun 199503,40816.41$0
May 199502,23017.56$0
Apr 1995852,40817.73$1,507
Mar 1995904,60416.44$1,480
Feb 1995943,63016.58$1,559
Jan 199504,52115.92$0
Dec 1994873,69415.03$1,308
Nov 199406,05115.90$0
Oct 199404,64315.58$0
Sep 199404,41715.29$0
Aug 199404,77816.13$0
Jul 199404,60117.56$0
Jun 199404,50817.09$0
May 199404,77315.88$0
Apr 199404,64114.14$0
Mar 199403,95312.46$0
Feb 199404,07912.50$0
Jan 199404,72312.66$0
Dec 199304,89912.33$0
Nov 199303,68914.49$0
Oct 199304,35215.85$0
Sep 199304,30615.03$0
Aug 199306,70615.66$0
Jul 199304,79715.46$0
Jun 199304,57416.79$0
May 199305,27017.68$0
Apr 199304,67718.05$0
Mar 199304,74418.14$0
Feb 199304,23417.90$0
Jan 199304,41716.93$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.

Apr 2026 — as filed, then multipliedworked
Condensate             4 bbl  × $ 98.93 =       $396
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                     $396

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/15497 is the state's own key, not one this site invented.