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 181552District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.3 M
Feb 2001 – May 2026
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
304
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 Gas112001-06-28143568
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
CondensateDisposition1,434 bbl$45,240
GasProduction1,846,432 Mcf$9,260,619
Total$9,305,859

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 31.4356, -96.2321. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43556, -96.23207 · 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
12,930 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 12,930 ft.

Completions filed
Jul 2001
1 of 1 wells

1 well

42-16131912512,930 ftJul 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 (304)

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

304 months

May 202602,052106.413.05$6,250
Apr 202601,49798.932.87$4,296
Mar 202601,53789.753.15$4,841
Feb 202601,22663.503.75$4,598
Jan 202601,19259.138.00$9,534
Dec 202501,16756.664.41$5,150
Nov 202501,10858.593.93$4,351
Oct 202501,01559.383.30$3,354
Sep 202501,19862.743.08$3,686
Aug 202501,27763.933.01$3,850
Jul 202501,36966.743.32$4,539
Jun 202502,97866.483.13$9,317
May 202503,28060.553.23$10,602
Apr 202503,25862.363.54$11,543
Mar 202502,95767.704.27$12,621
Feb 202501,93370.884.34$8,391
Jan 202501,79674.324.28$7,685
Dec 2024092668.993.12$2,890
Nov 2024083569.052.20$1,836
Oct 202401,09971.372.28$2,507
Sep 202402,35169.612.36$5,559
Aug 202402,02075.632.06$4,169
Jul 202401,66479.932.15$3,572
Jun 202403,16378.082.63$8,331
May 202402,43378.812.20$5,349
Apr 202401,26184.451.66$2,092
Mar 202402,99980.301.55$4,634
Feb 202402,98076.091.78$5,315
Jan 202402,53973.023.30$8,373
Dec 202301,40371.262.61$3,663
Nov 202301,45877.892.81$4,093
Oct 202302,44885.443.09$7,558
Sep 202303,11089.042.74$8,506
Aug 202302,83780.522.67$7,583
Jul 202302,30074.852.64$6,076
Jun 202302,58368.962.26$5,834
May 202301,93070.622.23$4,299
Apr 202301,65878.122.24$3,710
Mar 202301,30172.852.39$3,114
Feb 202301,24575.112.47$3,070
Jan 202302,73776.533.39$9,272
Dec 202201,68876.415.73$9,671
Nov 202201,45485.005.65$8,210
Oct 2022071387.185.86$4,181
Sep 202201,27384.888.16$10,392
Aug 202201,19994.529.13$10,943
Jul 202202,514101.587.54$18,961
Jun 202202,558115.097.98$20,406
May 202201,401109.378.43$11,815
Apr 202201,295104.226.84$8,855
Mar 202202,084108.885.08$10,579
Feb 202201,14291.054.86$5,549
Jan 2022099581.844.54$4,515
Dec 202101,33471.323.90$5,201
Nov 202101,30677.435.24$6,839
Oct 202101,14579.795.71$6,542
Sep 202102,05469.865.35$10,991
Aug 202103,08866.024.22$13,033
Jul 202102,99670.783.98$11,930
Jun 202103,02669.493.38$10,230
May 202101,42863.483.02$4,309
Apr 202101,27260.362.76$3,509
Mar 202101,17961.302.72$3,203
Feb 2021088357.805.55$4,899
Jan 202102,27550.412.81$6,393
Dec 202003,08544.642.68$8,254
Nov 202003,11138.772.71$8,420
Oct 202003,12836.972.48$7,753
Sep 202002,85137.091.99$5,676
Aug 202001,42439.982.39$3,396
Jul 202002,07538.371.83$3,787
Jun 202002,99734.901.69$5,066
May 202001,62016.921.81$2,940
Apr 202001,03114.751.80$1,860
Mar 202001,26030.341.86$2,339
Feb 2020095649.881.98$1,894
Jan 202002,60457.252.09$5,455
Dec 201903,09059.012.30$7,120
Nov 201903,43755.302.75$9,454
Oct 201903,23453.472.42$7,822
Sep 201901,96655.052.66$5,224
Aug 201901,86053.112.30$4,286
Jul 201902,13956.272.46$5,262
Jun 201901,91852.782.49$4,778
May 201901,99058.482.74$5,453
Apr 201901,93362.632.75$5,317
Mar 201901,58256.803.06$4,844
Feb 201901,75450.852.79$4,898
Jan 201903,45246.033.23$11,144
Dec 201802,34746.594.19$9,823
Nov 201803,45152.934.24$14,623
Oct 201804,70561.443.40$15,988
Sep 201804,89859.543.11$15,223
Aug 201804,81259.403.07$14,756
Jul 201804,30965.142.93$12,633
Jun 201803,61260.183.08$11,114
May 201802,26965.382.90$6,582
Apr 201802,32763.842.90$6,750
Mar 201803,03661.222.79$8,461
Feb 201801,55261.782.77$4,293
Jan 201803,16262.874.01$12,677
Dec 201702,23657.272.92$6,533
Nov 201701,66755.423.12$5,198
Oct 201702,82649.292.98$8,432
Sep 201704,67147.523.09$14,421
Aug 201702,33245.373.00$7,006
Jul 201701,93943.873.09$5,986
Jun 201701,91042.493.09$5,897
May 201701,93745.373.26$6,321
Apr 201701,28647.933.21$4,130
Mar 2017691,05646.772.98$6,378
Feb 201701,07750.452.95$3,180
Jan 201701,20249.413.42$4,109
Dec 201602,32448.763.72$8,652
Nov 201602,96042.492.64$7,827
Oct 201603,25046.193.09$10,043
Sep 201603,29041.553.10$10,201
Aug 201602,88441.442.92$8,434
Jul 2016089741.622.92$2,623
Jun 2016062245.352.69$1,671
May 2016061542.521.99$1,224
Apr 2016060436.561.99$1,203
Mar 2016093133.011.79$1,670
Feb 201602,09526.472.06$4,323
Jan 2016048927.352.36$1,156
Dec 2015028132.362.00$562
Nov 2015049538.792.17$1,073
Oct 2015048143.552.43$1,167
Sep 2015052742.992.76$1,454
Aug 2015065140.162.87$1,870
Jul 2015088348.152.95$2,601
Jun 2015086856.152.88$2,502
May 201502,29955.212.96$6,795
Apr 201502,69549.822.71$7,294
Mar 201502,09642.892.93$6,151
Feb 201501,87144.662.98$5,568
Jan 2015074243.433.10$2,301
Dec 2014078454.693.59$2,816
Nov 201401,81070.464.25$7,696
Oct 201403,03778.303.90$11,847
Sep 201402,99286.164.05$12,104
Aug 201401,84589.394.04$7,445
Jul 201402,27696.564.18$9,513
Jun 201403,56998.164.74$16,906
May 201402,54294.734.73$12,015
Apr 201401,25095.944.81$6,011
Mar 201401,85795.895.06$9,390
Feb 201402,91297.406.19$18,031
Jan 201402,11490.404.86$10,276
Dec 201302,10991.824.35$9,184
Nov 201301,37288.853.74$5,129
Oct 201303,87097.423.78$14,626
Sep 201304,186104.113.72$15,562
Aug 201304,202104.253.52$14,802
Jul 201304,142102.523.72$15,399
Jun 201304,01294.403.93$15,781
May 201303,69094.834.15$15,310
Apr 201301,93393.964.28$8,278
Mar 201301,66893.623.91$6,527
Feb 201303,05991.233.42$10,462
Jan 201304,39591.603.42$15,031
Dec 201204,60986.773.42$15,764
Nov 201204,55086.953.62$16,494
Oct 201204,81889.383.40$16,380
Sep 201204,79694.672.92$13,997
Aug 201203,48292.662.91$10,126
Jul 201203,90985.133.02$11,808
Jun 201201,78579.822.52$4,496
May 201202,18491.612.49$5,434
Apr 201204,299101.652.00$8,584
Mar 201203,528105.052.22$7,840
Feb 201203,666101.102.57$9,423
Jan 201204,49698.092.73$12,292
Dec 201104,67396.873.24$15,139
Nov 201104,66395.723.31$15,441
Oct 201105,10084.983.65$18,608
Sep 201104,32183.623.99$17,223
Aug 201104,37283.404.15$18,141
Jul 201104,19894.144.52$18,963
Jun 201104,67892.904.64$21,705
May 201104,48498.134.40$19,751
Apr 201102,378105.964.33$10,305
Mar 201102,72896.364.06$11,068
Feb 201103,30385.644.18$13,806
Jan 201105,64086.504.59$25,881
Dec 201005,69985.734.35$24,778
Nov 201006,15180.843.80$23,345
Oct 201006,34178.103.51$22,250
Sep 201006,62772.633.98$26,372
Aug 201007,49773.684.42$33,132
Jul 201005,73372.554.74$27,154
Jun 201006,20370.364.91$30,459
May 201008,31071.124.24$35,195
Apr 201009,19981.694.12$37,925
Mar 201001,51678.394.39$6,653
Feb 20100073.585.44$0
Jan 201001,46274.365.96$8,720
Dec 200907,53071.445.48$41,293
Nov 200907,72474.593.75$28,977
Oct 200906,21972.544.11$25,562
Sep 200901,16665.543.06$3,574
Aug 2009066267.423.22$2,131
Jul 200901,07261.133.46$3,714
Jun 2009057566.163.90$2,240
May 200901,02154.743.93$4,008
Apr 2009055746.773.59$1,998
Mar 200903,03842.144.06$12,331
Feb 200904,35232.814.63$20,163
Jan 200903,53335.865.37$18,976
Dec 200802,40337.105.98$14,363
Nov 200804,98555.496.86$34,199
Oct 200804,17175.246.92$28,872
Sep 200806,398101.767.88$50,398
Aug 200803,427114.228.48$29,071
Jul 200805,555131.0811.39$63,268
Jun 200805,303131.3313.03$69,112
May 200805,859123.1711.57$67,814
Apr 200815,291110.3110.45$55,427
Mar 200805,815101.909.66$56,197
Feb 200807,04892.538.77$61,815
Jan 200804,82690.388.21$39,601
Dec 200705,01088.337.30$36,583
Nov 200707,69891.677.29$56,132
Oct 200705,37882.856.92$37,226
Sep 200705,81475.846.24$36,304
Aug 200705,23169.066.39$33,415
Jul 200708,44670.906.39$53,953
Jun 200705,33362.007.55$40,256
May 200705,55758.747.85$43,602
Apr 200707,52459.617.81$58,726
Mar 200707,79756.927.30$56,933
Feb 2007010,66555.108.22$87,624
Jan 200709,72650.306.73$65,425
Dec 2006010,89856.656.92$75,397
Nov 200609,81154.207.62$74,735
Oct 200609,98354.906.01$60,036
Sep 2006012,51760.085.04$63,051
Aug 2006111,14368.717.34$81,857
Jul 2006010,22069.376.34$64,823
Jun 2006012,11366.286.38$77,328
May 2006013,29766.016.42$85,433
Apr 2006010,00564.397.36$73,642
Mar 2006012,35556.707.08$87,509
Feb 200609,57957.597.75$74,248
Jan 2006012,03760.598.93$107,530
Dec 2005012,92854.9413.42$173,434
Nov 2005010,43154.6910.59$110,448
Oct 2005014,84158.3413.80$204,743
Sep 2005016,66561.4512.08$201,297
Aug 2005019,23361.519.80$188,423
Jul 2005023,06955.697.84$180,945
Jun 2005025,78052.337.38$190,283
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005136045.226.31$6,150
Jan 2005011,77243.166.32$74,425
Dec 2004013,26139.866.75$89,526
Nov 2004011,18945.286.33$70,831
Oct 200410310,69849.706.52$74,818
Sep 2004112,35343.245.28$65,315
Aug 2004015,25842.375.55$84,692
Jul 2004011,82238.286.08$71,927
Jun 20049316,55636.106.43$109,862
May 20048915,11937.486.49$101,527
Apr 2004012,17734.475.86$71,338
Mar 2004515,31534.365.53$84,866
Feb 200410714,19632.455.51$81,687
Jan 2004018,09632.036.30$113,998
Dec 200314815,17830.266.30$100,125
Nov 2003010,94928.804.60$50,312
Oct 2003011,67228.174.76$55,555
Sep 20031898,14426.314.75$43,651
Aug 2003014,65529.765.13$75,176
Jul 2003013,02029.415.17$67,324
Jun 2003014,38728.565.98$86,077
May 2003214,41226.595.97$86,131
Apr 20031313,61726.675.41$73,978
Mar 2003017,03531.146.10$103,846
Feb 200339,54633.487.93$75,761
Jan 2003215,26930.315.58$85,293
Dec 2002113,46726.914.85$65,393
Nov 2002015,37224.664.14$63,593
Oct 20024117,59926.464.23$75,513
Sep 2002217,87227.443.64$65,023
Aug 2002521,21625.963.16$67,261
Jul 2002422,88924.583.06$70,179
Jun 2002122,86923.733.34$76,366
May 2002327,28824.663.58$97,874
Apr 20024828,22623.653.51$100,274
Mar 2002319,16622.003.10$59,533
Feb 20023716,74518.222.38$40,455
Jan 20027825,52417.172.38$61,976
Dec 2001233,08416.932.36$78,258
Nov 200110935,23418.072.41$86,726
Oct 2001244,18819.782.53$111,786
Sep 20015121,92424.262.25$50,595
Aug 2001024,77524.873.05$75,642
Jul 20011911,75023.933.20$38,020
Jun 2001428,40024.563.82$108,704
May 20013847,88325.524.31$207,217
Apr 2001016,61524.685.34$88,646
Mar 2001125,78924.545.38$138,678
Feb 20012331,83527.755.77$184,233

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                2,052 Mcf  × $  3.05 =     $6,250

────────────────────────────────────────────────────
Month total                                   $6,250

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/181552 is the state's own key, not one this site invented.