REED, BOBBY GAS UNIT

Operated by 1789 MANAGEMENT, LLC (P-5 100936) 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 176712District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.3 M
Nov 1999 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
319
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 Gas112004-01-29154754
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
CondensateDisposition291 bbl$20,982
GasProduction1,245,998 Mcf$7,298,081
Total$7,319,063

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 31.4701, -96.3265. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47010, -96.32655 · 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
11,847 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 11,847 ft.

Completions filed
Apr 2014
1 of 1 wells

1 well

42-29331304211,847 ftApr 2014

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 (319)

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

319 months

May 2026035106.413.05$107
Apr 202603598.932.87$100
Mar 202604589.753.15$142
Feb 202603563.503.75$131
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202503558.593.93$137
Oct 202507059.383.30$231
Sep 202503562.743.08$108
Aug 202503563.933.01$106
Jul 202506566.743.32$215
Jun 202505066.483.13$156
May 202502560.553.23$81
Apr 202505062.363.54$177
Mar 202506067.704.27$256
Feb 202502570.884.34$109
Jan 2025011274.324.28$479
Dec 202403168.993.12$97
Nov 202407969.052.20$174
Oct 202404571.372.28$103
Sep 202405069.612.36$118
Aug 202404775.632.06$97
Jul 202408379.932.15$178
Jun 202406478.082.63$169
May 202406078.812.20$132
Apr 202406184.451.66$101
Mar 202407680.301.55$117
Feb 202405976.091.78$105
Jan 202408173.023.30$267
Dec 202307271.262.61$188
Nov 202306877.892.81$191
Oct 202307385.443.09$225
Sep 202309489.042.74$257
Aug 202306280.522.67$166
Jul 202306674.852.64$174
Jun 2023021168.962.26$477
May 20230870.622.23$18
Apr 202301378.122.24$29
Mar 20230072.852.39$0
Feb 202305575.112.47$136
Jan 202302376.533.39$78
Dec 202207776.415.73$441
Nov 202206585.005.65$367
Oct 202204887.185.86$281
Sep 202206184.888.16$498
Aug 202204694.529.13$420
Jul 2022083101.587.54$626
Jun 2022039115.097.98$311
May 2022071109.378.43$599
Apr 2022078104.226.84$533
Mar 2022050108.885.08$254
Feb 202208091.054.86$389
Jan 20220081.844.54$0
Dec 20210971.323.90$35
Nov 202106177.435.24$319
Oct 202106179.795.71$349
Sep 202105769.865.35$305
Aug 202106866.024.22$287
Jul 202108670.783.98$342
Jun 202108769.493.38$294
May 202109363.483.02$281
Apr 202108560.362.76$234
Mar 202109561.302.72$258
Feb 202109157.805.55$505
Jan 2021011650.412.81$326
Dec 2020011644.642.68$310
Nov 202008138.772.71$219
Oct 2020010736.972.48$265
Sep 2020013337.091.99$265
Aug 2020013939.982.39$332
Jul 2020015038.371.83$274
Jun 2020015734.901.69$265
May 2020018316.921.81$332
Apr 2020020714.751.80$374
Mar 2020023330.341.86$433
Feb 2020016749.881.98$331
Jan 2020020957.252.09$438
Dec 2019020659.012.30$475
Nov 2019021555.302.75$591
Oct 2019025253.472.42$609
Sep 2019024155.052.66$640
Aug 2019027053.112.30$622
Jul 2019028256.272.46$694
Jun 2019028552.782.49$710
May 2019031958.482.74$874
Apr 2019031462.632.75$864
Mar 2019035656.803.06$1,090
Feb 2019031350.852.79$874
Jan 2019035046.033.23$1,130
Dec 20180046.594.19$0
Nov 2018037152.934.24$1,572
Oct 2018041161.443.40$1,397
Sep 2018036359.543.11$1,128
Aug 2018029159.403.07$892
Jul 2018033065.142.93$968
Jun 2018029760.183.08$914
May 2018029365.382.90$850
Apr 2018039763.842.90$1,152
Mar 2018042361.222.79$1,179
Feb 2018040061.782.77$1,106
Jan 2018045262.874.01$1,812
Dec 2017049357.272.92$1,440
Nov 2017056555.423.12$1,762
Oct 2017061049.292.98$1,820
Sep 2017062147.523.09$1,917
Aug 2017070745.373.00$2,124
Jul 2017074343.873.09$2,294
Jun 2017091842.493.09$2,834
May 201701,50845.373.26$4,921
Apr 201701,56047.933.21$5,010
Mar 201701,30046.772.98$3,879
Feb 2017031650.452.95$933
Jan 2017069649.413.42$2,379
Dec 2016098448.763.72$3,663
Nov 201601,33342.492.64$3,525
Oct 201601,55546.193.09$4,805
Sep 201601,57441.553.10$4,880
Aug 201601,76441.442.92$5,159
Jul 201601,91841.622.92$5,609
Jun 201601,51545.352.69$4,069
May 2016090642.521.99$1,804
Apr 2016018236.561.99$362
Mar 2016060533.011.79$1,085
Feb 2016060126.472.06$1,240
Jan 2016065227.352.36$1,542
Dec 2015071932.362.00$1,439
Nov 2015070338.792.17$1,524
Oct 2015067643.552.43$1,640
Sep 2015085442.992.76$2,356
Aug 201501,06240.162.87$3,051
Jul 201501,23248.152.95$3,628
Jun 201501,16356.152.88$3,353
May 201501,28055.212.96$3,783
Apr 201501,24649.822.71$3,372
Mar 201501,37542.892.93$4,035
Feb 201501,01344.662.98$3,015
Jan 201501,35843.433.10$4,211
Dec 2014090154.693.59$3,236
Nov 201401,68470.464.25$7,160
Oct 201401,69778.303.90$6,620
Sep 201401,68586.164.05$6,817
Aug 201401,67389.394.04$6,751
Jul 201401,59396.564.18$6,658
Jun 201401,59098.164.74$7,532
May 201401,93094.734.73$9,122
Apr 2014059995.944.81$2,881
Mar 201401,81895.895.06$9,193
Feb 201401,77297.406.19$10,972
Jan 201402,15690.404.86$10,480
Dec 201302,15691.824.35$9,388
Nov 201302,50388.853.74$9,357
Oct 201302,04697.423.78$7,733
Sep 201301,337104.113.72$4,971
Aug 2013101,986104.253.52$8,038
Jul 201301,894102.523.72$7,041
Jun 201301,63794.403.93$6,439
May 201301,88394.834.15$7,813
Apr 201301,73293.964.28$7,417
Mar 201301,84093.623.91$7,200
Feb 201301,61991.233.42$5,537
Jan 201301,90291.603.42$6,505
Dec 201202,06486.773.42$7,059
Nov 201201,68286.953.62$6,097
Oct 201201,69689.383.40$5,766
Sep 201201,59794.672.92$4,661
Aug 201201,87492.662.91$5,450
Jul 201201,83185.133.02$5,531
Jun 201201,94279.822.52$4,892
May 201201,94691.612.49$4,842
Apr 201201,931101.652.00$3,856
Mar 201202,008105.052.22$4,462
Feb 201201,839101.102.57$4,727
Jan 201201,97098.092.73$5,386
Dec 201101,75796.873.24$5,692
Nov 201101,71195.723.31$5,666
Oct 201101,89384.983.65$6,907
Sep 201102,05183.623.99$8,175
Aug 201102,06883.404.15$8,581
Jul 201102,45894.144.52$11,103
Jun 201102,73392.904.64$12,681
May 201102,38598.134.40$10,506
Apr 201102,324105.964.33$10,071
Mar 201102,20396.364.06$8,938
Feb 201101,94185.644.18$8,113
Jan 201102,55886.504.59$11,738
Dec 201004,16685.734.35$18,113
Nov 201003,61080.843.80$13,701
Oct 201004,14678.103.51$14,548
Sep 201004,27672.633.98$17,016
Aug 201004,87073.684.42$21,522
Jul 201074,32272.554.74$20,979
Jun 2010224,64770.364.91$24,367
May 2010214,88771.124.24$22,191
Apr 2010225,63781.694.12$25,037
Mar 2010405,86178.394.39$28,858
Feb 201014,67773.585.44$25,528
Jan 2010105,50474.365.96$33,570
Dec 2009184,96471.445.48$28,507
Nov 200905,75374.593.75$21,582
Oct 200984,98272.544.11$21,058
Sep 200954,91265.543.06$15,382
Aug 2009135,00067.423.22$16,969
Jul 2009226,00561.133.46$22,149
Jun 2009196,70566.163.90$27,373
May 200957,21254.743.93$28,586
Apr 2009375,67646.773.59$22,093
Mar 200983,82242.144.06$15,851
Feb 200903,02332.814.63$14,006
Jan 200904,14035.865.37$22,236
Dec 200803,98137.105.98$23,795
Nov 200807,47155.496.86$51,254
Oct 200808,05675.246.92$55,763
Sep 200807,915101.767.88$62,347
Aug 2008233,575114.228.48$32,954
Jul 200809,115131.0811.39$103,815
Jun 200809,283131.3313.03$120,982
May 200809,642123.1711.57$111,599
Apr 200808,645110.3110.45$90,382
Mar 200806,887101.909.66$66,556
Feb 200804,53392.538.77$39,757
Jan 200807,14690.388.21$58,638
Dec 200707,36088.337.30$53,743
Nov 200705,70991.677.29$41,628
Oct 200704,83682.856.92$33,475
Sep 2007010,15775.846.24$63,422
Aug 2007011,64569.066.39$74,388
Jul 2007011,13470.906.39$71,123
Jun 2007010,94262.007.55$82,595
May 2007012,83158.747.85$100,676
Apr 2007012,08259.617.81$94,302
Mar 200706,37356.927.30$46,535
Feb 200709,90555.108.22$81,379
Jan 2007011,33950.306.73$76,276
Dec 2006011,33856.656.92$78,441
Nov 2006010,42354.207.62$79,397
Oct 2006011,21654.906.01$67,451
Sep 2006010,66160.085.04$53,702
Aug 2006010,86968.717.34$79,778
Jul 2006012,21969.376.34$77,502
Jun 2006013,04966.286.38$83,303
May 2006012,10866.016.42$77,794
Apr 2006011,47064.397.36$84,425
Mar 2006015,41756.707.08$109,197
Feb 2006015,02457.597.75$116,453
Jan 2006016,80360.598.93$150,107
Dec 200508,66354.9413.42$116,218
Nov 200505,65654.6910.59$59,888
Oct 200506,84758.3413.80$94,460
Sep 200507,82361.4512.08$94,494
Aug 200508,75961.519.80$85,811
Jul 200509,93355.697.84$77,911
Jun 200508,88952.337.38$65,610
May 200509,84145.226.65$65,454
Apr 200508,01649.207.36$59,002
Mar 200509,29750.377.15$66,519
Feb 200508,44345.226.31$53,292
Jan 2005010,00843.166.32$63,273
Dec 2004010,37539.866.75$70,042
Nov 2004010,03145.286.33$63,500
Oct 2004011,04349.706.52$71,946
Sep 2004010,79343.245.28$57,029
Aug 2004012,08142.375.55$67,058
Jul 2004012,95938.286.08$78,845
Jun 2004012,18036.106.43$78,354
May 2004012,56337.486.49$81,591
Apr 2004012,20234.475.86$71,485
Mar 2004012,64634.365.53$69,934
Feb 2004011,97632.455.51$65,983
Jan 2004012,16132.036.30$76,610
Dec 2003013,40030.266.30$84,442
Nov 2003013,87628.804.60$63,762
Oct 2003014,71028.174.76$70,014
Sep 2003014,95126.314.75$71,008
Aug 2003015,68529.765.13$80,460
Jul 2003015,98629.415.17$82,661
Jun 2003017,03728.565.98$101,932
May 2003018,81726.595.97$112,388
Apr 2003020,61826.675.41$111,487
Mar 2003020,38231.146.10$124,249
Feb 2003027,97233.487.93$221,703
Jan 200301,21430.315.58$6,777
Dec 200204426.914.85$214
Nov 200201,80624.664.14$7,471
Oct 200202,70326.464.23$11,431
Sep 200201,86427.443.64$6,776
Aug 2002075525.963.16$2,389
Jul 200202,89424.583.06$8,861
Jun 200203,41423.733.34$11,397
May 2002087024.663.58$3,118
Apr 200201,93123.653.51$6,782
Mar 200201,21322.003.10$3,764
Feb 2002063918.222.38$1,518
Jan 200202,07417.172.38$4,927
Dec 200103,59016.932.36$8,488
Nov 200105,44518.072.41$13,098
Oct 200104,34019.782.53$10,975
Sep 200105,22624.262.25$11,765
Aug 200107,61824.873.05$23,259
Jul 200107,48223.933.20$23,921
Jun 200106,97224.563.82$26,662
May 200107,79825.524.31$33,588
Apr 200108,95324.685.34$47,767
Mar 200109,83724.545.38$52,888
Feb 2001014,30427.755.77$82,492
Jan 2001096827.478.40$8,130
Dec 200001,41526.889.12$12,908
Nov 20000032.215.66$0
Oct 2000029031.235.15$1,492
Sep 200007,59231.875.19$39,376
Aug 200007,37229.644.54$33,474
Jul 200002,39328.534.09$9,787
Jun 200002,23829.304.40$9,841
May 200008,08827.263.68$29,762
Apr 2000011,12424.513.12$34,662
Mar 2000011,64728.422.86$33,308
Feb 2000012,35927.622.73$33,697
Jan 2000016,16525.272.48$40,097
Dec 1999012,48424.282.42$30,258
Nov 199902,78723.192.43$6,784

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                   35 Mcf  × $  3.05 =       $107

────────────────────────────────────────────────────
Month total                                     $107

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/176712 is the state's own key, not one this site invented.