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 181193District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.7 M
Dec 2000 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
306
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 Gas112004-01-29154748
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
CondensateDisposition1,217 bbl$45,254
GasProduction1,952,273 Mcf$10,681,731
Total$10,726,984

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 31.4719, -96.3311. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47187, -96.33111 · 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
11,850 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 11,850 ft.

Completions filed
Aug 2009
1 of 1 wells

1 well

42-29331316311,850 ftAug 2009

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 (306)

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

306 months

May 20260152106.413.05$463
Apr 2026015698.932.87$448
Mar 2026017089.753.15$535
Feb 2026013863.503.75$518
Jan 2026013459.138.00$1,072
Dec 2025013456.664.41$591
Nov 202508558.593.93$334
Oct 202509059.383.30$297
Sep 2025011062.743.08$338
Aug 202506863.933.01$205
Jul 202509166.743.32$302
Jun 202507266.483.13$225
May 2025010260.553.23$330
Apr 2025013362.363.54$471
Mar 2025010167.704.27$431
Feb 2025011570.884.34$499
Jan 202509774.324.28$415
Dec 2024010468.993.12$325
Nov 2024012969.052.20$284
Oct 2024013871.372.28$315
Sep 2024011469.612.36$270
Aug 2024010375.632.06$213
Jul 2024014379.932.15$307
Jun 2024012178.082.63$319
May 2024018878.812.20$413
Apr 2024014384.451.66$237
Mar 2024012880.301.55$198
Feb 2024012576.091.78$223
Jan 2024012573.023.30$412
Dec 2023012371.262.61$321
Nov 2023014777.892.81$413
Oct 2023013085.443.09$401
Sep 2023014189.042.74$386
Aug 2023010480.522.67$278
Jul 2023010674.852.64$280
Jun 2023014868.962.26$334
May 2023010570.622.23$234
Apr 2023016178.122.24$360
Mar 20230072.852.39$0
Feb 2023014775.112.47$362
Jan 2023016276.533.39$549
Dec 2022027576.415.73$1,576
Nov 2022018685.005.65$1,050
Oct 2022017787.185.86$1,038
Sep 2022014084.888.16$1,143
Aug 202205594.529.13$502
Jul 2022056101.587.54$422
Jun 20220139115.097.98$1,109
May 20220169109.378.43$1,425
Apr 20220275104.226.84$1,880
Mar 20220244108.885.08$1,239
Feb 2022014691.054.86$709
Jan 2022043881.844.54$1,988
Dec 2021026571.323.90$1,033
Nov 2021025177.435.24$1,314
Oct 2021022479.795.71$1,280
Sep 2021019269.865.35$1,027
Aug 2021026166.024.22$1,102
Jul 2021031770.783.98$1,262
Jun 2021030869.493.38$1,041
May 2021032963.483.02$993
Apr 2021032460.362.76$894
Mar 2021033861.302.72$918
Feb 2021030657.805.55$1,698
Jan 2021035450.412.81$995
Dec 2020032744.642.68$875
Nov 2020030638.772.71$828
Oct 2020031636.972.48$783
Sep 2020030237.091.99$601
Aug 2020028939.982.39$689
Jul 2020028238.371.83$515
Jun 2020028034.901.69$473
May 2020027916.921.81$506
Apr 2020028014.751.80$505
Mar 2020029730.341.86$551
Feb 2020032049.881.98$634
Jan 2020038757.252.09$811
Dec 2019031959.012.30$735
Nov 2019029055.302.75$798
Oct 2019031153.472.42$752
Sep 2019027255.052.66$723
Aug 2019027053.112.30$622
Jul 2019030556.272.46$750
Jun 2019021852.782.49$543
May 2019023258.482.74$636
Apr 2019024062.632.75$660
Mar 2019025656.803.06$784
Feb 2019020750.852.79$578
Jan 2019021746.033.23$701
Dec 2018020646.594.19$862
Nov 2018018652.934.24$788
Oct 2018023961.443.40$812
Sep 2018023859.543.11$740
Aug 2018029159.403.07$892
Jul 20181331265.142.93$1,762
Jun 2018026860.183.08$825
May 2018035665.382.90$1,033
Apr 2018034963.842.90$1,012
Mar 2018036461.222.79$1,014
Feb 2018032761.782.77$905
Jan 2018034562.874.01$1,383
Dec 2017031757.272.92$926
Nov 2017033655.423.12$1,048
Oct 2017045749.292.98$1,364
Sep 2017046147.523.09$1,423
Aug 2017045145.373.00$1,355
Jul 2017043543.873.09$1,343
Jun 2017039442.493.09$1,216
May 2017233945.373.26$1,197
Apr 2017340847.933.21$1,454
Mar 20170046.772.98$0
Feb 20170150.452.95$3
Jan 201709949.413.42$338
Dec 20160048.763.72$0
Nov 2016011342.492.64$299
Oct 2016017546.193.09$541
Sep 20160041.553.10$0
Aug 2016019041.442.92$556
Jul 20160041.622.92$0
Jun 2016012145.352.69$325
May 20160042.521.99$0
Apr 2016015136.561.99$301
Mar 2016011133.011.79$199
Feb 20160026.472.06$0
Jan 2016033727.352.36$797
Dec 2015039532.362.00$791
Nov 2015035238.792.17$763
Oct 2015041543.552.43$1,007
Sep 2015039242.992.76$1,081
Aug 2015038240.162.87$1,097
Jul 2015033948.152.95$998
Jun 2015018856.152.88$542
May 2015021855.212.96$644
Apr 2015062549.822.71$1,692
Mar 2015075042.892.93$2,201
Feb 201501,37744.662.98$4,098
Jan 201501,20943.433.10$3,749
Dec 201401,43054.693.59$5,136
Nov 201401,84070.464.25$7,823
Oct 201401,65778.303.90$6,464
Sep 2014016686.164.05$672
Aug 2014047689.394.04$1,921
Jul 201401,97396.564.18$8,246
Jun 201401,52798.164.74$7,233
May 201401,59594.734.73$7,539
Apr 201401,65495.944.81$7,954
Mar 201401,70295.895.06$8,607
Feb 2014079097.406.19$4,892
Jan 201401,46690.404.86$7,126
Dec 201301,46691.824.35$6,384
Nov 201301,88688.853.74$7,050
Oct 201301,76797.423.78$6,678
Sep 201301,193104.113.72$4,435
Aug 201342688104.253.52$6,802
Jul 201302,529102.523.72$9,402
Jun 201301,20094.403.93$4,720
May 201301,90094.834.15$7,883
Apr 201302,38493.964.28$10,210
Mar 201302,14993.623.91$8,409
Feb 201301,61791.233.42$5,530
Jan 201302,24391.603.42$7,671
Dec 201202,99686.773.42$10,247
Nov 201202,89886.953.62$10,505
Oct 2012054089.383.40$1,836
Sep 2012067794.672.92$1,976
Aug 201201,19192.662.91$3,464
Jul 201201,86085.133.02$5,619
Jun 2012038579.822.52$970
May 2012066691.612.49$1,657
Apr 201201,898101.652.00$3,790
Mar 201202,617105.052.22$5,815
Feb 201201,812101.102.57$4,657
Jan 201201,96698.092.73$5,375
Dec 201101,66796.873.24$5,401
Nov 201101,52195.723.31$5,036
Oct 201101,52784.983.65$5,571
Sep 2011098283.623.99$3,914
Aug 201101,79883.404.15$7,460
Jul 201103,74294.144.52$16,904
Jun 201103,59592.904.64$16,680
May 201103,46798.134.40$15,272
Apr 201103,642105.964.33$15,782
Mar 201103,95996.364.06$16,063
Feb 201103,04185.644.18$12,711
Jan 201104,15086.504.59$19,043
Dec 201004,49285.734.35$19,530
Nov 201003,99680.843.80$15,166
Oct 201004,22878.103.51$14,836
Sep 201004,57772.633.98$18,214
Aug 201004,59973.684.42$20,325
Jul 201006,39572.554.74$30,290
Jun 201003,77370.364.91$18,527
May 201005,71171.124.24$24,187
Apr 201006,90681.694.12$28,471
Mar 201006,87978.394.39$30,190
Feb 201006,15973.585.44$33,520
Jan 201008,01174.365.96$47,778
Dec 200909,19571.445.48$50,423
Nov 200908,81174.593.75$33,054
Oct 2009010,90672.544.11$44,826
Sep 2009014,05765.543.06$43,081
Aug 200905,95767.423.22$19,173
Jul 20091161.133.46$65
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 2008390114.228.48$4,455
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 200708,14669.066.39$52,036
Jul 2007014,75670.906.39$94,260
Jun 2007011,69062.007.55$88,241
May 2007013,35558.747.85$104,787
Apr 2007013,70859.617.81$106,994
Mar 2007014,64456.927.30$106,930
Feb 2007013,07655.108.22$107,432
Jan 2007013,59350.306.73$91,438
Dec 2006013,20856.656.92$91,379
Nov 2006013,68654.207.62$104,253
Oct 2006014,50654.906.01$87,236
Sep 2006014,60060.085.04$73,543
Aug 2006016,53868.717.34$121,388
Jul 2006016,64869.376.34$105,594
Jun 2006016,98766.286.38$108,443
May 2006017,65766.016.42$113,446
Apr 2006019,14764.397.36$140,931
Mar 2006015,24656.707.08$107,986
Feb 2006020,74957.597.75$160,828
Jan 200610027,95160.598.93$255,754
Dec 2005044,85254.9413.42$601,708
Nov 2005018,59354.6910.59$196,870
Oct 200508,52658.3413.80$117,623
Sep 200509,89161.4512.08$119,473
Aug 200506,72661.519.80$65,894
Jul 200507,53255.697.84$59,078
Jun 200507,83952.337.38$57,860
May 200507,26945.226.65$48,347
Apr 200509,19249.207.36$67,658
Mar 200509,71750.377.15$69,524
Feb 200507,41145.226.31$46,778
Jan 20056310,04443.166.32$66,219
Dec 2004011,00639.866.75$74,302
Nov 2004010,30445.286.33$65,229
Oct 2004012,27249.706.52$79,953
Sep 2004011,76443.245.28$62,160
Aug 2004014,61242.375.55$81,106
Jul 2004015,20638.286.08$92,516
Jun 2004014,30836.106.43$92,044
May 20049513,81437.486.49$93,277
Apr 2004012,13234.475.86$71,075
Mar 2004015,58134.365.53$86,165
Feb 2004015,80332.455.51$87,069
Jan 2004012,46932.036.30$78,550
Dec 2003016,38830.266.30$103,271
Nov 20039417,37628.804.60$82,553
Oct 2003019,06028.174.76$90,719
Sep 2003019,40326.314.75$92,152
Aug 2003019,48729.765.13$99,963
Jul 20039820,43029.415.17$108,522
Jun 2003022,29128.565.98$133,366
May 2003022,85526.595.97$136,506
Apr 20034223,64526.675.41$128,975
Mar 2003019,63631.146.10$119,702
Feb 2003027,04233.487.93$214,332
Jan 200312035,56430.315.58$202,157
Dec 2002036,19126.914.85$175,662
Nov 200211639,15924.664.14$164,860
Oct 2002044,82526.464.23$189,570
Sep 200211249,58927.443.64$183,339
Aug 2002060,88525.963.16$192,650
Jul 200210169,51224.583.06$215,312
Jun 200217676,45023.733.34$259,385
May 2002073,90824.663.58$264,886
Apr 200206,50123.653.51$22,834
Mar 200208,39022.003.10$26,032
Feb 2002014,16018.222.38$33,640
Jan 2002018,97717.172.38$45,083
Dec 2001013,30816.932.36$31,465
Nov 2001012,75018.072.41$30,670
Oct 2001019,97719.782.53$50,519
Sep 2001018,87824.262.25$42,500
Aug 2001022,94724.873.05$70,061
Jul 2001018,02623.933.20$57,631
Jun 2001020,63724.563.82$78,919
May 2001024,77025.524.31$106,692
Apr 2001026,29024.685.34$140,266
Mar 2001034,51124.545.38$185,546
Feb 2001031,73727.755.77$183,030
Jan 2001056,29627.478.40$472,817
Dec 2000036,54726.889.12$333,400

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                  152 Mcf  × $  3.05 =       $463

────────────────────────────────────────────────────
Month total                                     $463

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/181193 is the state's own key, not one this site invented.