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 185844District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.7 M
Aug 2001 – May 2026
Value, last 12 filed months
$151 k
at the published price for each month
Months reported
298
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 Gas112004-01-29154753
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
CondensateDisposition795 bbl$34,147
GasProduction2,047,079 Mcf$10,635,963
Total$10,670,110

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 31.4721, -96.3375. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47206, -96.33750 · 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
11,755 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 11,755 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-29331418411,755 ftOct 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 (298)

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

298 months

May 20260312106.413.05$950
Apr 202603,41598.932.87$9,800
Mar 202603,27289.753.15$10,305
Feb 202602,84463.503.75$10,666
Jan 202603,22859.138.00$25,817
Dec 202503,22856.664.41$14,246
Nov 202503,51758.593.93$13,809
Oct 202503,68459.383.30$12,175
Sep 202504,19362.743.08$12,902
Aug 202504,46163.933.01$13,449
Jul 202504,17166.743.32$13,828
Jun 202504,12466.483.13$12,903
May 202504,09360.553.23$13,230
Apr 202504,06062.363.54$14,385
Mar 202503,98767.704.27$17,018
Feb 202503,59470.884.34$15,601
Jan 202504,22474.324.28$18,073
Dec 202403,73768.993.12$11,665
Nov 202403,50169.052.20$7,697
Oct 202404,04071.372.28$9,217
Sep 202404,14169.612.36$9,791
Aug 202403,40175.632.06$7,018
Jul 202403,80779.932.15$8,172
Jun 202403,89178.082.63$10,249
May 202403,91178.812.20$8,598
Apr 202403,29184.451.66$5,460
Mar 202402,50680.301.55$3,872
Feb 202402,15576.091.78$3,844
Jan 202402,00473.023.30$6,609
Dec 202302,04571.262.61$5,339
Nov 202301,93877.892.81$5,441
Oct 202301,26285.443.09$3,896
Sep 202301,57289.042.74$4,299
Aug 202301,50180.522.67$4,012
Jul 202301,29674.852.64$3,424
Jun 202301,16168.962.26$2,622
May 202301,58770.622.23$3,535
Apr 202301,72378.122.24$3,856
Mar 20230072.852.39$0
Feb 202301,28875.112.47$3,176
Jan 202301,03676.533.39$3,510
Dec 202201,35976.415.73$7,786
Nov 202201,70285.005.65$9,610
Oct 202202,06187.185.86$12,085
Sep 202202,08484.888.16$17,013
Aug 202202,27594.529.13$20,764
Jul 202202,354101.587.54$17,754
Jun 202201,932115.097.98$15,412
May 202201,889109.378.43$15,930
Apr 202202,211104.226.84$15,118
Mar 202202,285108.885.08$11,600
Feb 202201,69291.054.86$8,221
Jan 202202,09381.844.54$9,497
Dec 202101,74171.323.90$6,788
Nov 202102,03677.435.24$10,662
Oct 202102,12179.795.71$12,119
Sep 202102,20869.865.35$11,815
Aug 202102,27766.024.22$9,610
Jul 202102,21770.783.98$8,828
Jun 202101,85169.493.38$6,258
May 202102,22963.483.02$6,726
Apr 202102,18760.362.76$6,033
Mar 202102,20561.302.72$5,991
Feb 202101,22057.805.55$6,769
Jan 202102,00150.412.81$5,623
Dec 202001,98744.642.68$5,316
Nov 202001,99438.772.71$5,397
Oct 202002,05036.972.48$5,081
Sep 202002,04637.091.99$4,074
Aug 202001,91839.982.39$4,575
Jul 202001,99938.371.83$3,648
Jun 202002,16634.901.69$3,661
May 202001,80816.921.81$3,281
Apr 202001,44914.751.80$2,615
Mar 202002,07130.341.86$3,844
Feb 202001,92449.881.98$3,811
Jan 202002,01557.252.09$4,221
Dec 201902,13359.012.30$4,915
Nov 201902,05955.302.75$5,664
Oct 201902,14053.472.42$5,176
Sep 201902,14455.052.66$5,697
Aug 201902,19353.112.30$5,053
Jul 201902,22656.272.46$5,476
Jun 201902,08352.782.49$5,189
May 201902,32758.482.74$6,377
Apr 201902,35862.632.75$6,486
Mar 201901,75556.803.06$5,374
Feb 201901,64250.852.79$4,585
Jan 201901,90346.033.23$6,143
Dec 201802,07746.594.19$8,693
Nov 201801,61152.934.24$6,826
Oct 201801,71861.443.40$5,838
Sep 201801,68759.543.11$5,243
Aug 201801,84659.403.07$5,661
Jul 201821,65365.142.93$4,977
Jun 201801,81260.183.08$5,575
May 201801,96665.382.90$5,703
Apr 201802,12263.842.90$6,156
Mar 201802,25661.222.79$6,287
Feb 201801,42361.782.77$3,936
Jan 201802,55862.874.01$10,256
Dec 201702,00557.272.92$5,858
Nov 201702,58955.423.12$8,073
Oct 201703,08949.292.98$9,217
Sep 201703,10347.523.09$9,580
Aug 201702,93245.373.00$8,809
Jul 201702,74343.873.09$8,468
Jun 201701,69542.493.09$5,233
May 201703,10545.373.26$10,133
Apr 201703,00247.933.21$9,641
Mar 201702,48546.772.98$7,414
Feb 201703,02250.452.95$8,923
Jan 201702,67549.413.42$9,145
Dec 201603,22448.763.72$12,002
Nov 201602,94542.492.64$7,788
Oct 201603,13846.193.09$9,697
Sep 201602,91341.553.10$9,032
Aug 201602,99241.442.92$8,750
Jul 201603,33841.622.92$9,761
Jun 201602,65945.352.69$7,142
May 201603,41542.521.99$6,799
Apr 201602,35236.561.99$4,683
Mar 201602,53633.011.79$4,550
Feb 201603,19926.472.06$6,602
Jan 201603,10627.352.36$7,344
Dec 201503,38732.362.00$6,779
Nov 201502,72838.792.17$5,912
Oct 201503,06243.552.43$7,430
Sep 201503,19142.992.76$8,802
Aug 201503,43740.162.87$9,873
Jul 201503,48648.152.95$10,267
Jun 201503,50256.152.88$10,096
May 201503,57355.212.96$10,560
Apr 20150049.822.71$0
Mar 201503,69542.892.93$10,844
Feb 201503,52444.662.98$10,488
Jan 201503,95043.433.10$12,247
Dec 201403,68154.693.59$13,220
Nov 201403,48670.464.25$14,822
Oct 201401,67678.303.90$6,538
Sep 201402,60486.164.05$10,534
Aug 201403,47689.394.04$14,026
Jul 201404,36396.564.18$18,236
Jun 201404,24498.164.74$20,103
May 201405,20094.734.73$24,578
Apr 201403,57795.944.81$17,202
Mar 201404,23695.895.06$21,421
Feb 201403,38797.406.19$20,972
Jan 201404,27990.404.86$20,799
Dec 201304,27991.824.35$18,633
Nov 201304,38388.853.74$16,385
Oct 201304,51197.423.78$17,049
Sep 201304,084104.113.72$15,183
Aug 201304,062104.253.52$14,309
Jul 201304,657102.523.72$17,314
Jun 201304,22294.403.93$16,607
May 201304,49394.834.15$18,642
Apr 201304,20893.964.28$18,021
Mar 201305,09593.623.91$19,936
Feb 201304,24791.233.42$14,524
Jan 201304,59691.603.42$15,718
Dec 201204,23486.773.42$14,481
Nov 201203,70886.953.62$13,441
Oct 201204,37189.383.40$14,860
Sep 201204,24894.672.92$12,397
Aug 201204,66892.662.91$13,575
Jul 201204,24885.133.02$12,832
Jun 201204,43479.822.52$11,169
May 201204,95691.612.49$12,332
Apr 201204,959101.652.00$9,902
Mar 201205,566105.052.22$12,368
Feb 201204,710101.102.57$12,106
Jan 201205,16098.092.73$14,108
Dec 201105,30296.873.24$17,177
Nov 201105,11695.723.31$16,941
Oct 201105,69984.983.65$20,793
Sep 201105,69683.623.99$22,703
Aug 201107,20383.404.15$29,888
Jul 201104,67294.144.52$21,105
Jun 201105,71492.904.64$26,512
May 201106,49198.134.40$28,592
Apr 201115,996105.964.33$26,088
Mar 201106,38796.364.06$25,914
Feb 201105,95485.644.18$24,888
Jan 201106,76986.504.59$31,061
Dec 201006,46585.734.35$28,108
Nov 201006,42480.843.80$24,381
Oct 201006,68078.103.51$23,439
Sep 201006,73572.633.98$26,802
Aug 201006,59773.684.42$29,155
Jul 201007,19772.554.74$34,089
Jun 201006,85470.364.91$33,656
May 201007,22971.124.24$30,616
Apr 201007,25181.694.12$29,894
Mar 201007,55278.394.39$33,143
Feb 201006,95873.585.44$37,868
Jan 201008,16874.365.96$48,715
Dec 200908,15171.445.48$44,698
Nov 200908,09874.593.75$30,380
Oct 200908,04272.544.11$33,055
Sep 2009676,42865.543.06$24,091
Aug 200908,51267.423.22$27,396
Jul 200937,65961.133.46$26,718
Jun 200938,16066.163.90$31,982
May 200919,20154.743.93$36,176
Apr 200928,28746.773.59$29,823
Mar 200908,69242.144.06$35,281
Feb 200908,41132.814.63$38,968
Jan 2009010,04035.865.37$53,925
Dec 200808,48937.105.98$50,740
Nov 2008010,43355.496.86$71,574
Oct 2008011,86175.246.92$82,102
Sep 200809,184101.767.88$72,343
Aug 20087310,065114.228.48$93,720
Jul 2008011,100131.0811.39$126,423
Jun 2008010,695131.3313.03$139,384
May 2008011,763123.1711.57$136,148
Apr 2008011,239110.3110.45$117,502
Mar 2008012,174101.909.66$117,650
Feb 2008011,16692.538.77$97,932
Jan 2008013,65590.388.21$112,049
Dec 2007014,06388.337.30$102,688
Nov 2007014,35491.677.29$104,665
Oct 2007017,21482.856.92$119,155
Sep 2007010,85475.846.24$67,774
Aug 200705,22269.066.39$33,358
Jul 2007011,69770.906.39$74,720
Jun 2007011,40062.007.55$86,052
May 2007013,95458.747.85$109,487
Apr 200707,16259.617.81$55,901
Mar 2007013,06956.927.30$95,429
Feb 2007012,24155.108.22$100,572
Jan 2007013,17750.306.73$88,640
Dec 2006013,50956.656.92$93,461
Nov 2006013,65954.207.62$104,047
Oct 2006013,52754.906.01$81,349
Sep 2006013,24760.085.04$66,728
Aug 2006013,95068.717.34$102,392
Jul 2006013,82469.376.34$87,682
Jun 2006013,81166.286.38$88,168
May 2006014,33266.016.42$92,083
Apr 2006014,17264.397.36$104,313
Mar 2006015,57756.707.08$110,331
Feb 2006015,09357.597.75$116,988
Jan 20062517,62360.598.93$158,947
Dec 2005017,39854.9413.42$233,401
Nov 2005017,09654.6910.59$181,019
Oct 2005020,34558.3413.80$280,675
Sep 2005024,71861.4512.08$298,569
Aug 2005019,27261.519.80$188,805
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 200577043.166.32$3,323
Dec 20040039.866.75$0
Nov 200405,94545.286.33$37,634
Oct 2004012,58949.706.52$82,019
Sep 2004012,37543.245.28$65,388
Aug 2004013,50242.375.55$74,945
Jul 2004014,88438.286.08$90,557
Jun 2004013,42136.106.43$86,338
May 20048813,30937.486.49$89,735
Apr 2004015,18334.475.86$88,949
Mar 2004011,84334.365.53$65,493
Feb 2004013,48232.455.51$74,281
Jan 2004014,34732.036.30$90,381
Dec 2003013,26330.266.30$83,579
Nov 20038415,40928.804.60$73,226
Oct 2003014,56628.174.76$69,329
Sep 2003015,44226.314.75$73,340
Aug 2003016,24029.765.13$83,307
Jul 20037815,11929.415.17$80,472
Jun 2003017,81928.565.98$106,610
May 2003016,11626.595.97$96,256
Apr 20033117,33626.675.41$94,567
Mar 2003014,89431.146.10$90,794
Feb 2003016,93633.487.93$134,233
Jan 20037019,94730.315.58$113,467
Dec 2002020,90026.914.85$101,444
Nov 20026922,69724.664.14$95,598
Oct 2002026,65126.464.23$112,710
Sep 20026229,80827.443.64$110,059
Aug 2002033,54825.963.16$106,151
Jul 20025940,80924.583.06$126,398
Jun 2002028,48523.733.34$95,090
May 2002013,11524.663.58$47,004
Apr 2002020,17523.653.51$70,861
Mar 2002021,67822.003.10$67,261
Feb 2002020,00318.222.38$47,521
Jan 2002024,00517.172.38$57,028
Dec 2001022,98316.932.36$54,341
Nov 2001020,83418.072.41$50,117
Oct 2001022,77619.782.53$57,598
Sep 2001027,22624.262.25$61,294
Aug 2001020,59024.873.05$62,865

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                  312 Mcf  × $  3.05 =       $950

────────────────────────────────────────────────────
Month total                                     $950

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/185844 is the state's own key, not one this site invented.