REED "R"

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) 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 185843District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Oct 2001 – May 2026
Value, last 12 filed months
$75 k
at the published price for each month
Months reported
296
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 Gas112002-01-24146051
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
CondensateDisposition8 bbl$561
GasProduction1,185,983 Mcf$5,641,031
Total$5,641,592

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 31.4552, -96.3214. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45517, -96.32141 · 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
12,254 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 12,254 ft.

Completions filed
Oct 2001
1 of 1 wells

1 well

42-29331431212,254 ftOct 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 (296)

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

296 months

May 202601,545106.413.05$4,706
Apr 202601,59098.932.87$4,563
Mar 202601,58289.753.15$4,982
Feb 202621,53063.503.75$5,865
Jan 202601,77759.138.00$14,212
Dec 202501,67656.664.41$7,397
Nov 202501,78458.593.93$7,005
Oct 202501,66059.383.30$5,486
Sep 202501,23562.743.08$3,800
Aug 202502,01163.933.01$6,063
Jul 202501,44166.743.32$4,777
Jun 202502,09166.483.13$6,542
May 202502,13260.553.23$6,891
Apr 202502,19762.363.54$7,784
Mar 202502,21867.704.27$9,467
Feb 202521,89070.884.34$8,346
Jan 202532,17174.324.28$9,512
Dec 202402,16668.993.12$6,761
Nov 202412,12769.052.20$4,745
Oct 202402,22571.372.28$5,076
Sep 202402,40469.612.36$5,684
Aug 202402,35775.632.06$4,864
Jul 202402,41879.932.15$5,190
Jun 202402,89278.082.63$7,617
May 202402,46778.812.20$5,424
Apr 202402,28484.451.66$3,790
Mar 202402,40480.301.55$3,714
Feb 202402,16576.091.78$3,862
Jan 202402,30473.023.30$7,598
Dec 202302,23871.262.61$5,843
Nov 202302,10477.892.81$5,907
Oct 202301,70185.443.09$5,251
Sep 202302,12089.042.74$5,798
Aug 202301,88380.522.67$5,033
Jul 202302,37674.852.64$6,277
Jun 202302,32768.962.26$5,255
May 202302,24870.622.23$5,007
Apr 202301,92778.122.24$4,312
Mar 202302,25272.852.39$5,389
Feb 202302,00575.112.47$4,944
Jan 202302,28176.533.39$7,727
Dec 202202,34876.415.73$13,452
Nov 202202,25585.005.65$12,732
Oct 202202,34787.185.86$13,762
Sep 202202,04884.888.16$16,719
Aug 202202,30594.529.13$21,038
Jul 202202,367101.587.54$17,852
Jun 202202,373115.097.98$18,930
May 202202,284109.378.43$19,261
Apr 202202,215104.226.84$15,145
Mar 202202,555108.885.08$12,970
Feb 202202,19191.054.86$10,646
Jan 202202,46581.844.54$11,185
Dec 202102,51471.323.90$9,802
Nov 202102,27277.435.24$11,898
Oct 202102,30179.795.71$13,148
Sep 202101,92269.865.35$10,284
Aug 202101,71966.024.22$7,255
Jul 202101,70370.783.98$6,781
Jun 202101,99069.493.38$6,727
May 202102,29463.483.02$6,923
Apr 202102,45560.362.76$6,772
Mar 202102,59461.302.72$7,048
Feb 202101,67457.805.55$9,287
Jan 202102,49750.412.81$7,017
Dec 202002,55344.642.68$6,830
Nov 202002,44838.772.71$6,626
Oct 202002,53536.972.48$6,283
Sep 202002,39337.091.99$4,765
Aug 202002,50839.982.39$5,982
Jul 202002,43838.371.83$4,450
Jun 202002,47034.901.69$4,175
May 202002,62116.921.81$4,756
Apr 202002,48214.751.80$4,478
Mar 202002,48530.341.86$4,613
Feb 202002,43349.881.98$4,819
Jan 202002,53357.252.09$5,306
Dec 201902,62859.012.30$6,056
Nov 201902,50955.302.75$6,902
Oct 201902,50553.472.42$6,058
Sep 201902,59155.052.66$6,885
Aug 201902,50653.112.30$5,775
Jul 201902,75356.272.46$6,773
Jun 201902,68052.782.49$6,676
May 201902,77758.482.74$7,610
Apr 201902,73062.632.75$7,509
Mar 201902,65556.803.06$8,130
Feb 201902,41950.852.79$6,754
Jan 201902,82446.033.23$9,116
Dec 201802,78646.594.19$11,661
Nov 201802,73052.934.24$11,568
Oct 201802,77361.443.40$9,423
Sep 201802,61659.543.11$8,131
Aug 201802,51359.403.07$7,706
Jul 201802,79665.142.93$8,198
Jun 201802,68160.183.08$8,249
May 201802,75765.382.90$7,998
Apr 201802,69063.842.90$7,803
Mar 201802,87561.222.79$8,012
Feb 201802,58261.782.77$7,142
Jan 201802,69862.874.01$10,817
Dec 201702,99757.272.92$8,756
Nov 201702,69555.423.12$8,404
Oct 201702,96949.292.98$8,859
Sep 201703,00147.523.09$9,265
Aug 201702,84145.373.00$8,536
Jul 201703,01043.873.09$9,293
Jun 201703,03742.493.09$9,376
May 201702,85045.373.26$9,301
Apr 201702,93447.933.21$9,423
Mar 201703,01746.772.98$9,002
Feb 201702,82950.452.95$8,353
Jan 201703,06549.413.42$10,479
Dec 201603,11148.763.72$11,582
Nov 201603,04742.492.64$8,057
Oct 201602,91346.193.09$9,002
Sep 201603,96741.553.10$12,300
Aug 201603,53741.442.92$10,343
Jul 201603,38441.622.92$9,896
Jun 201603,66745.352.69$9,849
May 201605,39242.521.99$10,736
Apr 201601,37836.561.99$2,744
Mar 201601,51833.011.79$2,723
Feb 201601,47226.472.06$3,038
Jan 201601,70127.352.36$4,022
Dec 201501,78332.362.00$3,569
Nov 201501,81438.792.17$3,932
Oct 201502,03543.552.43$4,938
Sep 201502,05042.992.76$5,655
Aug 201502,21140.162.87$6,351
Jul 201502,40148.152.95$7,071
Jun 201502,41556.152.88$6,962
May 201502,81655.212.96$8,323
Apr 201503,10449.822.71$8,401
Mar 201503,05542.892.93$8,966
Feb 201502,80644.662.98$8,351
Jan 201503,18143.433.10$9,863
Dec 201403,27754.693.59$11,769
Nov 201403,11170.464.25$13,227
Oct 201403,26078.303.90$12,717
Sep 201403,25586.164.05$13,168
Aug 201403,32789.394.04$13,425
Jul 201403,32296.564.18$13,885
Jun 201403,17898.164.74$15,054
May 201403,36494.734.73$15,900
Apr 201403,30095.944.81$15,870
Mar 201403,40995.895.06$17,239
Feb 201403,14497.406.19$19,468
Jan 201403,49390.404.86$16,978
Dec 201303,58991.824.35$15,628
Nov 201303,52588.853.74$13,177
Oct 201303,55797.423.78$13,443
Sep 201303,402104.113.72$12,648
Aug 201303,144104.253.52$11,075
Jul 201303,482102.523.72$12,945
Jun 201303,37794.403.93$13,283
May 201303,60194.834.15$14,941
Apr 201303,43193.964.28$14,694
Mar 201303,41093.623.91$13,343
Feb 201303,15691.233.42$10,793
Jan 201303,47791.603.42$11,891
Dec 201203,17286.773.42$10,849
Nov 201203,35286.953.62$12,151
Oct 201203,47789.383.40$11,821
Sep 201203,53194.672.92$10,305
Aug 201203,66392.662.91$10,653
Jul 201203,60685.133.02$10,893
Jun 201203,54479.822.52$8,927
May 201203,69191.612.49$9,184
Apr 201203,607101.652.00$7,202
Mar 201203,768105.052.22$8,373
Feb 201203,548101.102.57$9,119
Jan 201203,75698.092.73$10,269
Dec 201103,75296.873.24$12,156
Nov 201103,72695.723.31$12,338
Oct 201103,84084.983.65$14,010
Sep 201103,70983.623.99$14,783
Aug 201103,81183.404.15$15,813
Jul 201103,85294.144.52$17,400
Jun 201103,73192.904.64$17,311
May 201103,93798.134.40$17,342
Apr 201103,802105.964.33$16,475
Mar 201103,86696.364.06$15,686
Feb 201103,51685.644.18$14,697
Jan 201103,98286.504.59$18,273
Dec 201004,01285.734.35$17,443
Nov 201003,89880.843.80$14,794
Oct 201003,98778.103.51$13,990
Sep 201003,91372.633.98$15,572
Aug 201003,87473.684.42$17,121
Jul 201003,96372.554.74$18,771
Jun 201003,96870.364.91$19,484
May 201004,21171.124.24$17,835
Apr 201004,10881.694.12$16,936
Mar 201004,27978.394.39$18,779
Feb 201003,62373.585.44$19,718
Jan 201004,23574.365.96$25,258
Dec 200904,36771.445.48$23,948
Nov 200904,17174.593.75$15,648
Oct 200904,30872.544.11$17,707
Sep 200904,27365.543.06$13,096
Aug 200904,45067.423.22$14,322
Jul 200904,56561.133.46$15,815
Jun 200904,33466.163.90$16,881
May 200904,71354.743.93$18,502
Apr 200904,49946.773.59$16,140
Mar 200904,91842.144.06$19,962
Feb 200904,67132.814.63$21,641
Jan 200905,23635.865.37$28,123
Dec 200805,47237.105.98$32,707
Nov 200805,27655.496.86$36,195
Oct 200805,34375.246.92$36,984
Sep 200805,619101.767.88$44,261
Aug 200805,965114.228.48$50,601
Jul 200806,944131.0811.39$79,088
Jun 200808,605131.3313.03$112,146
May 200804,811123.1711.57$55,684
Apr 200802,269110.3110.45$23,722
Mar 200803,641101.909.66$35,187
Feb 200804,43192.538.77$38,862
Jan 200802,33390.388.21$19,144
Dec 200704,06088.337.30$29,646
Nov 200703,89491.677.29$28,394
Oct 200704,05782.856.92$28,082
Sep 200704,11175.846.24$25,670
Aug 200704,43069.066.39$28,299
Jul 200704,38570.906.39$28,011
Jun 200705,01162.007.55$37,825
May 200703,03058.747.85$23,774
Apr 200704,30159.617.81$33,570
Mar 200704,64256.927.30$33,896
Feb 200704,35755.108.22$35,797
Jan 200704,71350.306.73$31,704
Dec 200605,11156.656.92$35,360
Nov 200604,96654.207.62$37,828
Oct 200605,36354.906.01$32,252
Sep 200605,49560.085.04$27,679
Aug 200604,59668.717.34$33,734
Jul 200605,40069.376.34$34,251
Jun 200606,23266.286.38$39,784
May 200606,51966.016.42$41,885
Apr 200605,92764.397.36$43,626
Mar 200606,10756.707.08$43,255
Feb 200605,69457.597.75$44,135
Jan 200605,45460.598.93$48,722
Dec 200505,60354.9413.42$75,166
Nov 200505,45554.6910.59$57,760
Oct 200505,77158.3413.80$79,615
Sep 200505,81161.4512.08$70,191
Aug 200506,11361.519.80$59,888
Jul 200506,10255.697.84$47,862
Jun 200505,95852.337.38$43,976
May 200505,85145.226.65$38,916
Apr 200505,86149.207.36$43,140
Mar 200506,13250.377.15$43,874
Feb 200505,69145.226.31$35,921
Jan 200505,58043.166.32$35,278
Dec 200405,92839.866.75$40,020
Nov 200405,77545.286.33$36,558
Oct 200406,00349.706.52$39,110
Sep 200404,28643.245.28$22,647
Aug 200404,61742.375.55$25,627
Jul 200404,67738.286.08$28,456
Jun 200405,86136.106.43$37,704
May 200404,71537.486.49$30,622
Apr 200404,27334.475.86$25,033
Mar 200403,83034.365.53$21,180
Feb 200404,09132.455.51$22,540
Jan 200404,32432.036.30$27,240
Dec 200305,32730.266.30$33,569
Nov 200306,61728.804.60$30,406
Oct 2003012,96628.174.76$61,713
Sep 200309,25626.314.75$43,960
Aug 200308,02729.765.13$41,176
Jul 200309,44329.415.17$48,828
Jun 200307,17428.565.98$42,922
May 200309,17626.595.97$54,805
Apr 200309,08826.675.41$49,141
Mar 2003011,38631.146.10$69,410
Feb 200309,75233.487.93$77,293
Jan 2003011,17430.315.58$62,374
Dec 20020026.914.85$0
Nov 200203224.664.14$132
Oct 200209,55826.464.23$40,422
Sep 2002010,09227.443.64$36,686
Aug 2002010,56525.963.16$33,429
Jul 2002011,08124.583.06$33,927
Jun 2002010,96823.733.34$36,614
May 2002011,94024.663.58$42,793
Apr 2002011,13923.653.51$39,124
Mar 2002013,71922.003.10$42,566
Feb 2002013,95718.222.38$33,157
Jan 2002016,94017.172.38$40,244
Dec 2001018,82016.932.36$44,498
Nov 2001020,37918.072.41$49,022
Oct 200107,26019.782.53$18,360

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                1,545 Mcf  × $  3.05 =     $4,706

────────────────────────────────────────────────────
Month total                                   $4,706

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/185843 is the state's own key, not one this site invented.