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 194791District 05Field 32950285Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$4.5 M
Jan 2003 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
281
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
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
CondensateDisposition7,768 bbl$447,608
GasProduction644,051 Mcf$4,099,674
Total$4,547,283

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 31.4760, -96.3353. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47604, -96.33529 · 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
11,552 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 11,552 ft.

Completions filed
Mar 2010
1 of 1 wells

1 well

42-29331473511,552 ftMar 2010

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 (281)

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

281 months

May 2026035106.413.05$107
Apr 202604598.932.87$129
Mar 202609089.753.15$283
Feb 20260063.503.75$0
Jan 2026012059.138.00$960
Dec 2025012056.664.41$530
Nov 202506058.593.93$236
Oct 2025019559.383.30$644
Sep 202504562.743.08$138
Aug 202508063.933.01$241
Jul 202504566.743.32$149
Jun 202503566.483.13$110
May 202506560.553.23$210
Apr 202508062.363.54$283
Mar 202503567.704.27$149
Feb 202503570.884.34$152
Jan 202503574.324.28$150
Dec 202407568.993.12$234
Nov 202402569.052.20$55
Oct 202405071.372.28$114
Sep 202402569.612.36$59
Aug 202404075.632.06$83
Jul 202402079.932.15$43
Jun 2024010578.082.63$277
May 202404578.812.20$99
Apr 202407284.451.66$119
Mar 202403680.301.55$56
Feb 2024010676.091.78$189
Jan 2024011073.023.30$363
Dec 2023014971.262.61$389
Nov 202303877.892.81$107
Oct 20230185.443.09$3
Sep 20230689.042.74$16
Aug 202309280.522.67$246
Jul 202308874.852.64$232
Jun 2023030868.962.26$696
May 202301370.622.23$29
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202306875.112.47$168
Jan 202307876.533.39$264
Dec 2022034076.415.73$1,948
Nov 2022010985.005.65$615
Oct 2022017687.185.86$1,032
Sep 202209984.888.16$808
Aug 20220094.529.13$0
Jul 20220136101.587.54$1,026
Jun 20220137115.097.98$1,093
May 2022095109.378.43$801
Apr 2022094104.226.84$643
Mar 2022095108.885.08$482
Feb 202208591.054.86$413
Jan 202204481.844.54$200
Dec 2021026271.323.90$1,022
Nov 20210077.435.24$0
Oct 2021017379.795.71$989
Sep 2021015969.865.35$851
Aug 20210066.024.22$0
Jul 2021061470.783.98$2,445
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021035850.412.81$1,006
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 2020030336.972.48$751
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020032834.901.69$554
May 20200016.921.81$0
Apr 2020030214.751.80$545
Mar 2020028330.341.86$525
Feb 20200049.881.98$0
Jan 2020036657.252.09$767
Dec 20190059.012.30$0
Nov 2019026655.302.75$732
Oct 20190053.472.42$0
Sep 2019036955.052.66$981
Aug 2019017753.112.30$408
Jul 2019016856.272.46$413
Jun 20190052.782.49$0
May 2019014558.482.74$397
Apr 2019013962.632.75$382
Mar 2019011256.803.06$343
Feb 2019014350.852.79$399
Jan 201907146.033.23$229
Dec 2018010846.594.19$452
Nov 2018011952.934.24$504
Oct 2018012961.443.40$438
Sep 2018015459.543.11$479
Aug 201805359.403.07$163
Jul 2018025265.142.93$739
Jun 2018010060.183.08$308
May 201807165.382.90$206
Apr 201805163.842.90$148
Mar 2018010061.222.79$279
Feb 2018010861.782.77$299
Jan 20180062.874.01$0
Dec 2017013857.272.92$403
Nov 20170055.423.12$0
Oct 2017019349.292.98$576
Sep 20170047.523.09$0
Aug 2017014845.373.00$445
Jul 20170043.873.09$0
Jun 2017024342.493.09$750
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017070046.772.98$2,089
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 201606042.492.64$159
Oct 2016030946.193.09$955
Sep 20160041.553.10$0
Aug 2016013641.442.92$398
Jul 201601,63941.622.92$4,793
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 2014029398.164.74$1,388
May 201401,62394.734.73$7,671
Apr 201401,41695.944.81$6,810
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201340104.253.52$417
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012012498.092.73$339
Dec 2011015596.873.24$502
Nov 2011021295.723.31$702
Oct 201101,65884.983.65$6,049
Sep 201102,70383.623.99$10,774
Aug 201101,97583.404.15$8,195
Jul 201101,66494.144.52$7,517
Jun 201101,66492.904.64$7,721
May 201102,68098.134.40$11,805
Apr 201102,819105.964.33$12,216
Mar 201103,47996.364.06$14,115
Feb 201103,04785.644.18$12,736
Jan 201104,20386.504.59$19,287
Dec 201004,31485.734.35$18,756
Nov 201004,52580.843.80$17,174
Oct 201005,12578.103.51$17,983
Sep 201004,18172.633.98$16,638
Aug 201003,39073.684.42$14,982
Jul 201004,04672.554.74$19,164
Jun 201005,77070.364.91$28,333
May 201007,46171.124.24$31,599
Apr 201009,90281.694.12$40,823
Mar 2010312,02778.394.39$53,018
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
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 200800114.228.48$0
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 2007040169.066.39$2,562
Jul 200706,34270.906.39$40,512
Jun 200706,32562.007.55$47,744
May 200706,71358.747.85$52,672
Apr 200705,84459.617.81$45,614
Mar 200706,89056.927.30$50,311
Feb 200706,25955.108.22$51,424
Jan 200707,59850.306.73$51,111
Dec 200607,55756.656.92$52,283
Nov 200607,55354.207.62$57,535
Oct 200607,77054.906.01$46,727
Sep 200607,58060.085.04$38,182
Aug 200608,02468.717.34$58,896
Jul 200607,63469.376.34$48,421
Jun 200607,37766.286.38$47,094
May 200607,95266.016.42$51,092
Apr 200607,95564.397.36$58,553
Mar 200608,43656.707.08$59,752
Feb 20067,7618,53757.597.75$513,127
Jan 200608,51460.598.93$76,058
Dec 200508,68554.9413.42$116,513
Nov 200509,03454.6910.59$95,656
Oct 200508,86258.3413.80$122,258
Sep 200508,94061.4512.08$107,986
Aug 200509,14061.519.80$89,543
Jul 200508,49655.697.84$66,640
Jun 200507,33152.337.38$54,110
May 200509,38145.226.65$62,395
Apr 200508,15649.207.36$60,032
Mar 200509,41350.377.15$67,349
Feb 200508,33545.226.31$52,610
Jan 200508,89043.166.32$56,204
Dec 200409,52439.866.75$64,297
Nov 200408,33545.286.33$52,764
Oct 200409,07949.706.52$59,151
Sep 200409,96643.245.28$52,659
Aug 2004011,11742.375.55$61,707
Jul 2004012,22538.286.08$74,379
Jun 2004011,24836.106.43$72,359
May 2004011,91337.486.49$77,370
Apr 2004013,07934.475.86$76,623
Mar 2004017,70634.365.53$97,917
Feb 200408,61732.455.51$47,476
Jan 200401,00232.036.30$6,312
Dec 200307,14230.266.30$45,006
Nov 2003011,20828.804.60$51,503
Oct 2003011,68028.174.76$55,593
Sep 2003011,82926.314.75$56,180
Aug 2003013,13929.765.13$67,399
Jul 2003013,21029.415.17$68,307
Jun 2003014,70228.565.98$87,961
May 2003017,17426.595.97$102,575
Apr 2003020,43226.675.41$110,482
Mar 2003018,57231.146.10$113,216
Feb 2003016,57133.487.93$131,340
Jan 2003014,57230.315.58$81,341

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/194791 is the state's own key, not one this site invented.