REED "E" GAS UNIT

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

Gas lease lease 173939District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.4 M
Jun 1999 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
324
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 385 leases and 385 wells, and the rule below applies to all of them.

Discovered
2004-02-24
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 2010-12-14.

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: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas111999-09-22140913
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
CondensateDisposition1,898 bbl$55,639
GasProduction1,221,537 Mcf$6,322,015
Total$6,377,654

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 31.4299, -96.2366. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42994, -96.23664 · 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
12,900 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 12,900 ft.

Completions filed
Aug 2001
1 of 1 wells

1 well

42-16131483412,900 ftAug 2001

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 (324)

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

324 months

May 20260143106.413.05$436
Apr 2026014298.932.87$408
Mar 2026015189.753.15$476
Feb 2026014363.503.75$536
Jan 2026014259.138.00$1,136
Dec 2025020256.664.41$892
Nov 202509658.593.93$377
Oct 2025018459.383.30$608
Sep 2025013662.743.08$418
Aug 2025016263.933.01$488
Jul 2025015866.743.32$524
Jun 2025015566.483.13$485
May 2025019460.553.23$627
Apr 2025011962.363.54$422
Mar 202508967.704.27$380
Feb 202504770.884.34$204
Jan 202509574.324.28$406
Dec 202403468.993.12$106
Nov 202405369.052.20$117
Oct 202405871.372.28$132
Sep 202404969.612.36$116
Aug 202406775.632.06$138
Jul 202407379.932.15$157
Jun 202407578.082.63$198
May 2024010278.812.20$224
Apr 202409584.451.66$158
Mar 202409980.301.55$153
Feb 202406576.091.78$116
Jan 202409773.023.30$320
Dec 2023016071.262.61$418
Nov 2023011077.892.81$309
Oct 202309385.443.09$287
Sep 2023012589.042.74$342
Aug 2023013880.522.67$369
Jul 2023018774.852.64$494
Jun 2023010668.962.26$239
May 2023022470.622.23$499
Apr 202309678.122.24$215
Mar 2023010372.852.39$247
Feb 202308375.112.47$205
Jan 2023010776.533.39$362
Dec 2022012476.415.73$710
Nov 2022011485.005.65$644
Oct 2022015887.185.86$926
Sep 2022014084.888.16$1,143
Aug 2022013894.529.13$1,260
Jul 20220220101.587.54$1,659
Jun 20220276115.097.98$2,202
May 20220403109.378.43$3,399
Apr 20220132104.226.84$903
Mar 20220115108.885.08$584
Feb 202208591.054.86$413
Jan 2022010881.844.54$490
Dec 2021012871.323.90$499
Nov 2021011577.435.24$602
Oct 2021013479.795.71$766
Sep 2021012869.865.35$685
Aug 2021015766.024.22$663
Jul 2021020970.783.98$832
Jun 2021039469.493.38$1,332
May 2021017363.483.02$522
Apr 2021015960.362.76$439
Mar 2021016561.302.72$448
Feb 2021011857.805.55$655
Jan 2021017050.412.81$478
Dec 2020017844.642.68$476
Nov 2020017738.772.71$479
Oct 2020096336.972.48$2,387
Sep 2020079537.091.99$1,583
Aug 2020066939.982.39$1,596
Jul 2020039238.371.83$715
Jun 2020034334.901.69$580
May 2020055616.921.81$1,009
Apr 2020047714.751.80$861
Mar 2020042630.341.86$791
Feb 2020030149.881.98$596
Jan 2020030257.252.09$633
Dec 2019019759.012.30$454
Nov 2019021055.302.75$578
Oct 2019030853.472.42$745
Sep 2019046255.052.66$1,228
Aug 2019031353.112.30$721
Jul 2019023556.272.46$578
Jun 2019024752.782.49$615
May 2019024758.482.74$677
Apr 2019020262.632.75$556
Mar 2019020256.803.06$619
Feb 2019017750.852.79$494
Jan 2019019246.033.23$620
Dec 2018018446.594.19$770
Nov 2018017952.934.24$758
Oct 2018014161.443.40$479
Sep 2018015159.543.11$469
Aug 2018018859.403.07$577
Jul 2018015765.142.93$460
Jun 2018045260.183.08$1,391
May 2018035865.382.90$1,038
Apr 2018034863.842.90$1,009
Mar 2018028461.222.79$791
Feb 2018017561.782.77$484
Jan 2018026062.874.01$1,042
Dec 2017025757.272.92$751
Nov 2017024455.423.12$761
Oct 2017036249.292.98$1,080
Sep 2017027847.523.09$858
Aug 2017023145.373.00$694
Jul 2017025543.873.09$787
Jun 2017021142.493.09$651
May 2017021345.373.26$695
Apr 2017020247.933.21$649
Mar 2017017746.772.98$528
Feb 2017017050.452.95$502
Jan 2017017549.413.42$598
Dec 2016018048.763.72$670
Nov 2016018742.492.64$494
Oct 2016023746.193.09$732
Sep 2016024541.553.10$760
Aug 201615662541.442.92$8,292
Jul 2016061741.622.92$1,804
Jun 2016061245.352.69$1,644
May 2016061742.521.99$1,228
Apr 2016053636.561.99$1,067
Mar 2016067233.011.79$1,206
Feb 2016063926.472.06$1,319
Jan 2016064527.352.36$1,525
Dec 2015067532.362.00$1,351
Nov 2015063438.792.17$1,374
Oct 2015066043.552.43$1,602
Sep 2015060842.992.76$1,677
Aug 2015068040.162.87$1,953
Jul 2015066448.152.95$1,956
Jun 2015068456.152.88$1,972
May 2015080755.212.96$2,385
Apr 2015045749.822.71$1,237
Mar 2015019442.892.93$569
Feb 2015017144.662.98$509
Jan 2015017743.433.10$549
Dec 2014043954.693.59$1,577
Nov 2014030070.464.25$1,276
Oct 2014035478.303.90$1,381
Sep 2014035986.164.05$1,452
Aug 2014047589.394.04$1,917
Jul 2014067196.564.18$2,805
Jun 201401,03498.164.74$4,898
May 201401,07094.734.73$5,057
Apr 201401,19895.944.81$5,761
Mar 201401,26495.895.06$6,392
Feb 2014079297.406.19$4,904
Jan 201401,00790.404.86$4,895
Dec 201301,01591.824.35$4,420
Nov 2013081788.853.74$3,054
Oct 2013085797.423.78$3,239
Sep 20130644104.113.72$2,394
Aug 20130836104.253.52$2,945
Jul 20130920102.523.72$3,420
Jun 2013091294.403.93$3,587
May 2013093894.834.15$3,892
Apr 2013088893.964.28$3,803
Mar 2013093793.623.91$3,666
Feb 2013084991.233.42$2,904
Jan 2013094291.603.42$3,222
Dec 2012094886.773.42$3,242
Nov 2012092786.953.62$3,360
Oct 2012098689.383.40$3,352
Sep 2012099694.672.92$2,907
Aug 2012018992.662.91$550
Jul 2012033285.133.02$1,003
Jun 2012075379.822.52$1,897
May 2012067291.612.49$1,672
Apr 20120588101.652.00$1,174
Mar 20120614105.052.22$1,364
Feb 20120715101.102.57$1,838
Jan 201208798.092.73$238
Dec 2011052796.873.24$1,707
Nov 2011045395.723.31$1,500
Oct 201101,18884.983.65$4,334
Sep 2011051083.623.99$2,033
Aug 201101,21383.404.15$5,033
Jul 2011049094.144.52$2,213
Jun 201149292.904.64$798
May 201101,16798.134.40$5,140
Apr 201101,603105.964.33$6,946
Mar 2011098896.364.06$4,009
Feb 2011056885.644.18$2,374
Jan 201101,39186.504.59$6,383
Dec 2010045385.734.35$1,970
Nov 201001,45680.843.80$5,526
Oct 2010085078.103.51$2,983
Sep 201001,48172.633.98$5,894
Aug 201001,57373.684.42$6,952
Jul 201001,22872.554.74$5,816
Jun 201001,54570.364.91$7,587
May 201001,56771.124.24$6,637
Apr 201001,49981.694.12$6,180
Mar 201001,89278.394.39$8,303
Feb 201011,81573.585.44$9,951
Jan 201011,94974.365.96$11,698
Dec 200901,89971.445.48$10,414
Nov 200901,56274.593.75$5,860
Oct 2009036872.544.11$1,513
Sep 2009088665.543.06$2,715
Aug 2009055367.423.22$1,780
Jul 2009084661.133.46$2,931
Jun 200902,19366.163.90$8,542
May 200902,91754.743.93$11,451
Apr 200902,78046.773.59$9,973
Mar 200903,88342.144.06$15,761
Feb 200903,68732.814.63$17,082
Jan 200903,27535.865.37$17,590
Dec 200802,92237.105.98$17,465
Nov 200803,98955.496.86$27,366
Oct 200804,52775.246.92$31,336
Sep 200805,207101.767.88$41,016
Aug 200807,897114.228.48$66,990
Jul 200804,260131.0811.39$48,519
Jun 200803,882131.3313.03$50,593
May 200804,010123.1711.57$46,413
Apr 200805,154110.3110.45$53,884
Mar 200805,455101.909.66$52,718
Feb 200805,50092.538.77$48,238
Jan 200806,07090.388.21$49,809
Dec 200706,05288.337.30$44,192
Nov 200706,24191.677.29$45,508
Oct 200708,34082.856.92$57,729
Sep 200706,45375.846.24$40,294
Aug 200708,03269.066.39$51,308
Jul 200706,61670.906.39$42,263
Jun 200707,48662.007.55$56,508
May 200706,07458.747.85$47,658
Apr 200706,16959.617.81$48,150
Mar 200707,22256.927.30$52,735
Feb 200706,35155.108.22$52,180
Jan 200707,06350.306.73$47,512
Dec 200607,82356.656.92$54,123
Nov 200607,28454.207.62$55,486
Oct 200607,75654.906.01$46,643
Sep 200607,60160.085.04$38,288
Aug 200607,95468.717.34$58,382
Jul 200607,43269.376.34$47,139
Jun 200608,21066.286.38$52,412
May 200608,11466.016.42$52,132
Apr 200609,21864.397.36$67,849
Mar 200609,37856.707.08$66,424
Feb 200608,28657.597.75$64,226
Jan 200608,87660.598.93$79,292
Dec 200509,00054.9413.42$120,739
Nov 200509,57754.6910.59$101,405
Oct 200509,63658.3413.80$132,936
Sep 2005010,83861.4512.08$130,912
Aug 2005012,19661.519.80$119,482
Jul 2005014,53555.697.84$114,007
Jun 2005017,06852.337.38$125,980
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005106045.226.31$4,793
Jan 200509,71843.166.32$61,439
Dec 200409,66339.866.75$65,236
Nov 200409,08545.286.33$57,512
Oct 2004657,90449.706.52$54,726
Sep 200409,31443.245.28$49,214
Aug 2004010,30342.375.55$57,188
Jul 200408,64638.286.08$52,604
Jun 2004699,83636.106.43$65,766
May 20045810,12737.486.49$67,944
Apr 2004010,51834.475.86$61,619
Mar 200409,08734.365.53$50,252
Feb 2004758,26632.455.51$47,976
Jan 2004010,63932.036.30$67,022
Dec 20032710,82830.266.30$69,051
Nov 200303,82328.804.60$17,567
Oct 200305,75928.174.76$27,411
Sep 200315,93726.314.75$28,223
Aug 200305,40329.765.13$27,716
Jul 200306,20029.415.17$32,059
Jun 200306,58628.565.98$39,404
May 200306,81326.595.97$40,692
Apr 20031777,98126.675.41$47,876
Mar 200306,38731.146.10$38,935
Feb 2003010,03933.487.93$79,568
Jan 200307,88230.315.58$43,998
Dec 2002010,10126.914.85$49,028
Nov 200208,81624.664.14$36,471
Oct 20021388,12126.464.23$37,996
Sep 200209,68727.443.64$35,214
Aug 200209,58325.963.16$30,322
Jul 200209,67624.583.06$29,626
Jun 2002010,20523.733.34$34,067
May 2002010,21924.663.58$36,625
Apr 200213910,85623.653.51$41,417
Mar 200207,59022.003.10$23,550
Feb 20021387,45018.222.38$20,213
Jan 200210612,16617.172.38$30,723
Dec 2001014,56716.932.36$34,442
Nov 20017316,14018.072.41$40,144
Oct 200109,47319.782.53$23,956
Sep 200113011,63624.262.25$29,350
Aug 20011312,28324.873.05$37,825
Jul 200103,84223.933.20$12,283
Jun 200106,89324.563.82$26,360
May 200106,94725.524.31$29,923
Apr 200166,62424.685.34$35,489
Mar 200106,89124.545.38$37,049
Feb 2001894,60327.755.77$29,016
Jan 2001110,06827.478.40$84,586
Dec 2000010,19926.889.12$93,040
Nov 2000010,63132.215.66$60,150
Oct 2000012,24831.235.15$63,022
Sep 2000012,35131.875.19$64,058
Aug 2000013,14029.644.54$59,665
Jul 200016014,57628.534.09$64,177
Jun 2000013,24129.304.40$58,224
May 2000015,26827.263.68$56,182
Apr 2000017,35524.513.12$54,078
Mar 200016519,28328.422.86$59,834
Feb 2000018,40327.622.73$50,176
Jan 2000018,49825.272.48$45,884
Dec 199908,89024.282.42$21,547
Nov 1999017,02423.192.43$41,436
Oct 1999026,26420.982.80$73,637
Sep 1999032,80521.752.62$85,911
Aug 1999059,65919.262.88$171,555
Jul 1999013,80217.892.37$32,743
Jun 1999020,02715.942.36$47,306

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                  143 Mcf  × $  3.05 =       $436

────────────────────────────────────────────────────
Month total                                     $436

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/173939 is the state's own key, not one this site invented.