REED GU #4

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 159091District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
May 1996 – May 2026
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
361
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.

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 Gas111996-09-13135336
NGPA1none

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
CondensateDisposition192 bbl$5,136
GasProduction1,938,774 Mcf$6,505,707
Total$6,510,842

314,275 Mcf of this lease's gas, across 8 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 31.6570, -96.2275. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.65702, -96.22755 · 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
12,290 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 12,290 ft.

1 well

42-16131352312,290 ft

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 (361)

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

361 months

May 20260662106.413.05$2,016
Apr 2026061598.932.87$1,765
Mar 2026063989.753.15$2,012
Feb 2026060863.503.75$2,280
Jan 2026066759.138.00$5,335
Dec 2025067056.664.41$2,957
Nov 2025066458.593.93$2,607
Oct 2025068259.383.30$2,254
Sep 2025076762.743.08$2,360
Aug 2025073463.933.01$2,213
Jul 2025068566.743.32$2,271
Jun 2025060866.483.13$1,902
May 2025049460.553.23$1,597
Apr 2025049062.363.54$1,736
Mar 2025070267.704.27$2,996
Feb 2025055970.884.34$2,427
Jan 2025053774.324.28$2,298
Dec 2024045068.993.12$1,405
Nov 2024060369.052.20$1,326
Oct 2024053771.372.28$1,225
Sep 2024046969.612.36$1,109
Aug 2024055775.632.06$1,149
Jul 2024054179.932.15$1,161
Jun 2024060878.082.63$1,601
May 202401,29678.812.20$2,849
Apr 202408884.451.66$146
Mar 2024074780.301.55$1,154
Feb 2024070876.091.78$1,263
Jan 2024089973.023.30$2,965
Dec 2023087271.262.61$2,277
Nov 2023084377.892.81$2,367
Oct 2023085185.443.09$2,627
Sep 202301,38489.042.74$3,785
Aug 2023014180.522.67$377
Jul 2023027474.852.64$724
Jun 2023046468.962.26$1,048
May 2023071270.622.23$1,586
Apr 2023063678.122.24$1,423
Mar 2023096572.852.39$2,309
Feb 2023071575.112.47$1,763
Jan 2023058576.533.39$1,982
Dec 2022092476.415.73$5,294
Nov 2022098085.005.65$5,533
Oct 2022074087.185.86$4,339
Sep 2022085784.888.16$6,996
Aug 2022082794.529.13$7,548
Jul 20220940101.587.54$7,090
Jun 20220823115.097.98$6,565
May 20220943109.378.43$7,952
Apr 20220881104.226.84$6,024
Mar 20220936108.885.08$4,752
Feb 2022087591.054.86$4,251
Jan 2022093281.844.54$4,229
Dec 2021093971.323.90$3,661
Nov 2021088777.435.24$4,645
Oct 2021089079.795.71$5,085
Sep 2021072569.865.35$3,879
Aug 2021056966.024.22$2,402
Jul 2021041870.783.98$1,665
Jun 2021054369.493.38$1,836
May 2021078663.483.02$2,372
Apr 2021086260.362.76$2,378
Mar 202101,04361.302.72$2,834
Feb 2021077257.805.55$4,283
Jan 2021093550.412.81$2,628
Dec 2020092944.642.68$2,486
Nov 2020085138.772.71$2,303
Oct 2020084636.972.48$2,097
Sep 2020074137.091.99$1,475
Aug 2020070639.982.39$1,684
Jul 2020076638.371.83$1,398
Jun 2020083834.901.69$1,416
May 2020081316.921.81$1,475
Apr 2020071314.751.80$1,287
Mar 2020077430.341.86$1,437
Feb 2020076149.881.98$1,507
Jan 2020086357.252.09$1,808
Dec 2019094259.012.30$2,171
Nov 2019093955.302.75$2,583
Oct 2019083653.472.42$2,022
Sep 2019082555.052.66$2,192
Aug 2019070553.112.30$1,625
Jul 2019068056.272.46$1,673
Jun 2019069852.782.49$1,739
May 2019085558.482.74$2,343
Apr 2019084462.632.75$2,322
Mar 2019085256.803.06$2,609
Feb 2019082450.852.79$2,301
Jan 2019086746.033.23$2,799
Dec 2018085946.594.19$3,595
Nov 2018091152.934.24$3,860
Oct 2018080561.443.40$2,735
Sep 2018082859.543.11$2,573
Aug 2018084559.403.07$2,591
Jul 2018085065.142.93$2,492
Jun 2018075660.183.08$2,326
May 2018089365.382.90$2,590
Apr 2018084663.842.90$2,454
Mar 2018088961.222.79$2,478
Feb 2018087861.782.77$2,429
Jan 2018093162.874.01$3,733
Dec 201701,07657.272.92$3,144
Nov 2017090655.423.12$2,825
Oct 2017094949.292.98$2,832
Sep 2017094447.523.09$2,914
Aug 201701,05745.373.00$3,176
Jul 201701,32543.873.09$4,091
Jun 201701,26342.493.09$3,899
May 2017077745.373.26$2,536
Apr 2017076347.933.21$2,450
Mar 2017082446.772.98$2,459
Feb 2017073350.452.95$2,164
Jan 2017075549.413.42$2,581
Dec 2016081248.763.72$3,023
Nov 201601,16242.492.64$3,073
Oct 2016099946.193.09$3,087
Sep 2016096441.553.10$2,989
Aug 2016094441.442.92$2,761
Jul 2016091941.622.92$2,687
Jun 2016089345.352.69$2,398
May 201601,01442.521.99$2,019
Apr 201601,06936.561.99$2,128
Mar 201601,11733.011.79$2,004
Feb 201601,04826.472.06$2,163
Jan 201601,08527.352.36$2,565
Dec 201501,09132.362.00$2,184
Nov 201501,15138.792.17$2,495
Oct 201501,06943.552.43$2,594
Sep 2015097142.992.76$2,678
Aug 201501,01240.162.87$2,907
Jul 201501,01948.152.95$3,001
Jun 201501,00656.152.88$2,900
May 201501,07555.212.96$3,177
Apr 201501,11049.822.71$3,004
Mar 2015087642.892.93$2,571
Feb 201501,09844.662.98$3,268
Jan 201501,22543.433.10$3,798
Dec 201401,21054.693.59$4,346
Nov 201401,42270.464.25$6,046
Oct 201401,02878.303.90$4,010
Sep 201401,09586.164.05$4,430
Aug 201401,16589.394.04$4,701
Jul 201401,19596.564.18$4,995
Jun 201401,16798.164.74$5,528
May 201401,27094.734.73$6,003
Apr 201401,28495.944.81$6,175
Mar 201401,38495.895.06$6,999
Feb 201401,25997.406.19$7,796
Jan 201401,37890.404.86$6,698
Dec 201301,38191.824.35$6,014
Nov 201301,39488.853.74$5,211
Oct 201301,40697.423.78$5,314
Sep 201301,336104.113.72$4,967
Aug 201301,258104.253.52$4,431
Jul 201301,294102.523.72$4,811
Jun 201301,31794.403.93$5,180
May 201301,48894.834.15$6,174
Apr 201301,46893.964.28$6,287
Mar 201301,55493.623.91$6,081
Feb 201301,41691.233.42$4,843
Jan 201301,58791.603.42$5,427
Dec 201201,60886.773.42$5,500
Nov 201201,57786.953.62$5,717
Oct 201201,54789.383.40$5,259
Sep 201201,47594.672.92$4,305
Aug 201201,46892.662.91$4,269
Jul 201201,59385.133.02$4,812
Jun 201201,78179.822.52$4,486
May 201202,30791.612.49$5,741
Apr 201201,584101.652.00$3,163
Mar 201201,706105.052.22$3,791
Feb 201201,693101.102.57$4,351
Jan 201201,77498.092.73$4,850
Dec 201101,80696.873.24$5,851
Nov 201101,83095.723.31$6,060
Oct 201101,71284.983.65$6,246
Sep 201101,66683.623.99$6,640
Aug 201101,91083.404.15$7,925
Jul 201101,94194.144.52$8,768
Jun 201101,93892.904.64$8,992
May 201102,03598.134.40$8,964
Apr 201102,118105.964.33$9,178
Mar 201102,30696.364.06$9,356
Feb 201102,16385.644.18$9,041
Jan 201102,46286.504.59$11,298
Dec 201002,52285.734.35$10,965
Nov 201002,48480.843.80$9,428
Oct 201002,61978.103.51$9,190
Sep 201002,63772.633.98$10,494
Aug 201002,80073.684.42$12,374
Jul 201003,01872.554.74$14,295
Jun 201003,36570.364.91$16,524
May 201005,11071.124.24$21,642
Apr 201004,93481.694.12$20,341
Mar 201003,23778.394.39$14,206
Feb 201003,06973.585.44$16,703
Jan 201004,03974.365.96$24,089
Dec 200905,22771.445.48$28,664
Nov 200903,71874.593.75$13,948
Oct 200908,05472.544.11$33,104
Sep 200904,14965.543.06$12,716
Aug 200902,63167.423.22$8,468
Jul 200902,80661.133.46$9,721
Jun 200902,76666.163.90$10,774
May 200903,17654.743.93$12,468
Apr 200903,21046.773.59$11,516
Mar 200903,23142.144.06$13,115
Feb 200903,20132.814.63$14,830
Jan 200902,93935.865.37$15,785
Dec 200803,01537.105.98$18,021
Nov 200802,96455.496.86$20,334
Oct 200803,10075.246.92$21,458
Sep 200803,068101.767.88$24,167
Aug 200803,046114.228.48$25,839
Jul 200802,485131.0811.39$28,303
Jun 200802,191131.3313.03$28,554
May 200803,476123.1711.57$40,232
Apr 200801,312110.3110.45$13,717
Mar 200802,985101.909.66$28,847
Feb 200803,96792.538.77$34,793
Jan 200804,57490.388.21$37,533
Dec 200705,64788.337.30$41,234
Nov 200705,36291.677.29$39,098
Oct 200704,43982.856.92$30,727
Sep 200703,67875.846.24$22,966
Aug 200703,15469.066.39$20,148
Jul 200702,07070.906.39$13,223
Jun 200703,28962.007.55$24,827
May 200705,55858.747.85$43,610
Apr 200703,09459.617.81$24,149
Mar 200702,10156.927.30$15,341
Feb 200703,34955.108.22$27,515
Jan 200703,60750.306.73$24,264
Dec 200606,27156.656.92$43,386
Nov 200604,50454.207.62$34,309
Oct 200605,25054.906.01$31,572
Sep 200605,81760.085.04$29,301
Aug 200605,30568.717.34$38,938
Jul 200604,74969.376.34$30,122
Jun 200604,85566.286.38$30,994
May 200607,26666.016.42$46,684
Apr 200625,64664.397.36$41,686
Mar 200605,37156.707.08$38,042
Feb 200604,91857.597.75$38,120
Jan 200605,53760.598.93$49,464
Dec 200505,19354.9413.42$69,666
Nov 200506,13654.6910.59$64,970
Oct 200505,07258.3413.80$69,972
Sep 200505,76461.4512.08$69,623
Aug 200505,94561.519.80$58,242
Jul 200505,87255.697.84$46,058
Jun 200506,56052.337.38$48,420
May 200505,97445.226.65$39,734
Apr 200506,07749.207.36$44,730
Mar 200505,99350.377.15$42,879
Feb 200505,34245.226.31$33,718
Jan 200506,30543.166.32$39,861
Dec 200405,38439.866.75$36,348
Nov 200406,25745.286.33$39,609
Oct 200405,96249.706.52$38,843
Sep 200405,42143.245.28$28,644
Aug 200405,23042.375.55$29,030
Jul 200406,71238.286.08$40,837
Jun 200405,06736.106.43$32,596
May 200407,09037.486.49$46,047
Apr 200415,38134.475.86$31,559
Mar 200406,03034.365.53$33,347
Feb 200407,08032.455.51$39,008
Jan 200408,52532.036.30$53,704
Dec 200304,96430.266.30$31,281
Nov 200305,51328.804.60$25,333
Oct 200306,63528.174.76$31,580
Sep 20031895,24926.314.75$29,902
Aug 200304,42129.765.13$22,678
Jul 200305,14729.415.17$26,614
Jun 200306,09728.565.98$36,478
May 200306,84326.595.97$40,871
Apr 200307,28126.675.41$39,370
Mar 200306,46531.146.10$39,411
Feb 200306,38733.487.93$50,623
Jan 200306,79430.315.58$37,924
Dec 200207,77426.914.85$37,733
Nov 200207,61424.664.14$31,499
Oct 200207,50026.464.23$31,718
Sep 200205,78427.443.64$21,026
Aug 200206,68125.963.16$21,140
Jul 200207,07224.583.06$21,653
Jun 200208,97323.733.34$29,954
May 200206,72724.663.58$24,110
Apr 200207,35823.653.51$25,844
Mar 200207,91522.003.10$24,558
Feb 200206,70018.222.38$15,917
Jan 200208,04017.172.38$19,100
Dec 2001011,57916.932.36$27,377
Nov 2001012,33918.072.41$29,682
Oct 2001013,36519.782.53$33,798
Sep 200109,66424.262.25$21,757
Aug 200109,71624.873.05$29,665
Jul 2001010,00923.933.20$32,000
Jun 200109,89824.563.82$37,852
May 200109,46225.524.31$40,756
Apr 2001010,31124.685.34$55,012
Mar 200109,88124.545.38$53,125
Feb 200109,90927.755.77$57,146
Jan 200109,65127.478.40$81,056
Dec 2000010,84126.889.12$98,897
Nov 200009,77832.215.66$55,324
Oct 200009,61431.235.15$49,469
Sep 2000010,26531.875.19$53,239
Aug 200008,99729.644.54$40,853
Jul 2000011,45528.534.09$46,848
Jun 2000011,17329.304.40$49,130
May 2000012,88027.263.68$47,395
Apr 2000011,68224.513.12$36,401
Mar 2000010,77728.422.86$30,820
Feb 200009,59127.622.73$26,150
Jan 2000013,10525.272.48$32,507
Dec 1999013,77024.282.42$33,375
Nov 1999010,34523.192.43$25,180
Oct 1999010,73920.982.80$30,109
Sep 1999010,66921.752.62$27,941
Aug 1999012,81719.262.88$36,857
Jul 1999013,40017.892.37$31,790
Jun 1999012,75215.942.36$30,122
May 1999013,55415.792.32$31,459
Apr 1999014,87815.102.21$32,851
Mar 1999015,29312.471.84$28,114
Feb 1999014,6069.981.82$26,551
Jan 1999016,47410.381.90$31,300
Dec 1998017,4009.201.77$30,856
Nov 1998021,57410.892.19$47,155
Oct 1998010,54212.421.97$20,759
Sep 199809,54812.592.08$19,885
Aug 1998017,93211.301.91$34,203
Jul 1998017,20211.742.24$38,486
Jun 1998014,52011.242.24$32,485
May 1998018,24512.622.21$40,255
Apr 1998018,71513.042.51$46,887
Mar 1998018,61412.802.31$42,988
Feb 1998018,29413.952.30$42,060
Jan 1998020,76914.702.15$44,753
Dec 1997021,83016.322.41$52,634
Nov 1997015,54618.193.09$48,010
Oct 1997021,54719.253.15$67,869
Sep 1997020,61817.742.95$60,924
Aug 1997022,20017.862.55$56,715
Jul 1997021,34117.582.25$47,952
Jun 1997022,75417.242.26$51,360
May 1997024,42418.972.31$56,383
Apr 1997023,31417.882.08$48,558
Mar 1997028,21618.951.94$54,715
Feb 1997026,38420.492.21$58,200
Jan 1997033,09223.483.54$117,136
Dec 1996036,28823.32$0
Nov 1996030,10021.97$0
Oct 1996031,84623.31$0
Sep 1996033,67722.22$0
Aug 1996035,64020.26$0
Jul 1996046,84519.55$0
Jun 1996055,44218.73$0
May 1996044,43719.43$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                  662 Mcf  × $  3.05 =     $2,016

────────────────────────────────────────────────────
Month total                                   $2,016

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/159091 is the state's own key, not one this site invented.