REAGAN "B"

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) in the BALD PRAIRIE (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 196332District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.0 M
Mar 2003 – May 2026
Value, last 12 filed months
$40
at the published price for each month
Months reported
279
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 868 leases and 868 wells, and the rule below applies to all of them.

Discovered
2001-02-22
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 2011-03-08.

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: PER DOCKET 05-0268631 EFFECTIVE 03/08/2011, AMENDED RULE 2 TO

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 Gas112003-10-14153417
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
CondensateDisposition23 bbl$1,312
GasProduction1,065,919 Mcf$5,961,812
Total$5,963,124

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 31.1696, -96.4240. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.16956, -96.42401 · 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
13,131 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 13,131 ft.

Completions filed
Mar 2003
1 of 1 wells

1 well

42-39530680413,131 ftMar 2003

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 (279)

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

279 months

May 202604106.413.05$12
Apr 20260798.932.87$20
Mar 20260089.753.15$0
Feb 20260263.503.75$8
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 202401668.993.12$50
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 202401876.091.78$32
Jan 2024033573.023.30$1,105
Dec 2023020471.262.61$533
Nov 202307077.892.81$197
Oct 202303385.443.09$102
Sep 202307589.042.74$205
Aug 202307480.522.67$198
Jul 202305574.852.64$145
Jun 202309868.962.26$221
May 202309970.622.23$221
Apr 2023010078.122.24$224
Mar 2023017872.852.39$426
Feb 2023016775.112.47$412
Jan 2023015376.533.39$518
Dec 2022010576.415.73$602
Nov 202205585.005.65$311
Oct 202209187.185.86$534
Sep 2022014884.888.16$1,208
Aug 2022013694.529.13$1,241
Jul 20220135101.587.54$1,018
Jun 20220119115.097.98$949
May 20220126109.378.43$1,063
Apr 20220115104.226.84$786
Mar 20220121108.885.08$614
Feb 2022010391.054.86$500
Jan 2022014081.844.54$635
Dec 2021011671.323.90$452
Nov 2021010577.435.24$550
Oct 2021010779.795.71$611
Sep 2021011569.865.35$615
Aug 202107666.024.22$321
Jul 202109370.783.98$370
Jun 202108269.493.38$277
May 202106763.483.02$202
Apr 2021011360.362.76$312
Mar 202109861.302.72$266
Feb 2021010857.805.55$599
Jan 2021016950.412.81$475
Dec 2020017944.642.68$479
Nov 2020012238.772.71$330
Oct 2020012136.972.48$300
Sep 2020014337.091.99$285
Aug 2020014439.982.39$343
Jul 2020012438.371.83$226
Jun 2020014634.901.69$247
May 2020017816.921.81$323
Apr 2020012414.751.80$224
Mar 202004330.341.86$80
Feb 202007149.881.98$141
Jan 20200757.252.09$15
Dec 20190059.012.30$0
Nov 20190555.302.75$14
Oct 2019015853.472.42$382
Sep 2019020955.052.66$555
Aug 201901,03553.112.30$2,385
Jul 201901,30956.272.46$3,220
Jun 201901,36252.782.49$3,393
May 201901,47058.482.74$4,028
Apr 201901,48362.632.75$4,079
Mar 201901,27856.803.06$3,913
Feb 201901,22450.852.79$3,418
Jan 201901,26346.033.23$4,077
Dec 201801,38646.594.19$5,801
Nov 2018083352.934.24$3,530
Oct 2018085361.443.40$2,899
Sep 201801,42659.543.11$4,432
Aug 201802,01059.403.07$6,164
Jul 201801,75365.142.93$5,140
Jun 201801,58660.183.08$4,880
May 201801,73565.382.90$5,033
Apr 201801,29363.842.90$3,751
Mar 201801,45961.222.79$4,066
Feb 201801,41961.782.77$3,925
Jan 201801,36962.874.01$5,489
Dec 201701,63157.272.92$4,765
Nov 201701,95555.423.12$6,096
Oct 201701,47849.292.98$4,410
Sep 201701,14647.523.09$3,538
Aug 201701,47045.373.00$4,416
Jul 201701,53043.873.09$4,724
Jun 201701,26842.493.09$3,915
May 201701,34945.373.26$4,402
Apr 201701,42847.933.21$4,586
Mar 201701,68946.772.98$5,039
Feb 201701,55450.452.95$4,588
Jan 201702,11649.413.42$7,234
Dec 201603,43148.763.72$12,773
Nov 201603,33842.492.64$8,827
Oct 201603,05646.193.09$9,444
Sep 201602,36141.553.10$7,321
Aug 201602,52141.442.92$7,372
Jul 201603,00741.622.92$8,793
Jun 201603,01145.352.69$8,087
May 201603,83842.521.99$7,642
Apr 201604,17636.561.99$8,315
Mar 201605,26133.011.79$9,438
Feb 201605,39426.472.06$11,131
Jan 201601,19027.352.36$2,814
Dec 201501,27932.362.00$2,560
Nov 201502,05038.792.17$4,443
Oct 201503,31443.552.43$8,042
Sep 201503,07942.992.76$8,493
Aug 201503,46840.162.87$9,962
Jul 201503,25148.152.95$9,574
Jun 201502,75056.152.88$7,928
May 201502,77055.212.96$8,187
Apr 201502,12749.822.71$5,757
Mar 201502,60242.892.93$7,636
Feb 201501,99244.662.98$5,929
Jan 201502,15543.433.10$6,682
Dec 201402,10754.693.59$7,567
Nov 201402,49370.464.25$10,600
Oct 201402,96678.303.90$11,570
Sep 201403,21786.164.05$13,014
Aug 201402,65089.394.04$10,693
Jul 201402,43496.564.18$10,173
Jun 201401,93398.164.74$9,156
May 201402,25794.734.73$10,668
Apr 201402,05595.944.81$9,883
Mar 201402,13695.895.06$10,801
Feb 201401,73797.406.19$10,756
Jan 201401,74390.404.86$8,472
Dec 201302,73291.824.35$11,896
Nov 201303,03588.853.74$11,346
Oct 201303,27297.423.78$12,366
Sep 201303,545104.113.72$13,179
Aug 201302,669104.253.52$9,402
Jul 201304,652102.523.72$17,295
Jun 201304,45794.403.93$17,531
May 201303,49694.834.15$14,505
Apr 201303,24293.964.28$13,884
Mar 201304,28193.623.91$16,751
Feb 201302,82991.233.42$9,675
Jan 201303,96591.603.42$13,560
Dec 201204,09786.773.42$14,012
Nov 201204,18686.953.62$15,174
Oct 201204,33989.383.40$14,751
Sep 201204,22894.672.92$12,339
Aug 201204,43592.662.91$12,898
Jul 201204,65785.133.02$14,068
Jun 201205,23879.822.52$13,195
May 201203,74891.612.49$9,326
Apr 201204,873101.652.00$9,730
Mar 201204,861105.052.22$10,802
Feb 201204,828101.102.57$12,409
Jan 201204,96598.092.73$13,575
Dec 201104,91296.873.24$15,914
Nov 201104,72495.723.31$15,642
Oct 201104,86784.983.65$17,757
Sep 201104,83383.623.99$19,263
Aug 201105,01483.404.15$20,805
Jul 201105,06794.144.52$22,889
Jun 201104,98492.904.64$23,125
May 201105,16298.134.40$22,738
Apr 201115,059105.964.33$22,028
Mar 201105,23296.364.06$21,228
Feb 201104,81385.644.18$20,118
Jan 201105,39686.504.59$24,761
Dec 201005,47085.734.35$23,782
Nov 201014,98080.843.80$18,982
Oct 201005,36378.103.51$18,818
Sep 201014,64972.633.98$18,573
Aug 201005,36973.684.42$23,728
Jul 201006,22472.554.74$29,480
Jun 201015,67370.364.91$27,927
May 201005,45471.124.24$23,099
Apr 201005,54781.694.12$22,869
Mar 201005,91778.394.39$25,968
Feb 201004,73973.585.44$25,791
Jan 201005,44474.365.96$32,469
Dec 200905,54671.445.48$30,413
Nov 200905,58174.593.75$20,937
Oct 200905,99072.544.11$24,620
Sep 200905,39965.543.06$16,547
Aug 200905,67967.423.22$18,278
Jul 200905,74061.133.46$19,886
Jun 200905,67966.163.90$22,120
May 200906,37954.743.93$25,042
Apr 200905,86346.773.59$21,034
Mar 200905,79842.144.06$23,534
Feb 200906,02232.814.63$27,900
Jan 200906,92935.865.37$37,216
Dec 200806,94437.105.98$41,505
Nov 200806,75055.496.86$46,307
Oct 200817,17275.246.92$49,720
Sep 200817,001101.767.88$55,249
Aug 200807,425114.228.48$62,986
Jul 200817,307131.0811.39$83,354
Jun 200807,606131.3313.03$99,126
May 200808,185123.1711.57$94,736
Apr 200807,770110.3110.45$81,234
Mar 200808,797101.909.66$85,015
Feb 200809,10192.538.77$79,821
Jan 2008010,80290.388.21$88,638
Dec 2007115,74588.337.30$115,058
Nov 200701,22991.677.29$8,962
Oct 200702,17482.856.92$15,048
Sep 200702,54675.846.24$15,898
Aug 200702,43469.066.39$15,548
Jul 200702,81670.906.39$17,988
Jun 200703,02462.007.55$22,827
May 200702,06758.747.85$16,218
Apr 200702,92859.617.81$22,854
Mar 200702,70056.927.30$19,715
Feb 200702,86655.108.22$23,547
Jan 200713,34950.306.73$22,579
Dec 200602,66456.656.92$18,431
Nov 200602,65054.207.62$20,186
Oct 200603,14754.906.01$18,925
Sep 200613,05560.085.04$15,449
Aug 200603,38968.717.34$24,875
Jul 200603,31469.376.34$21,020
Jun 200623,28966.286.38$21,129
May 200603,43166.016.42$22,044
Apr 200605,77164.397.36$42,477
Mar 200604,86956.707.08$34,487
Feb 200605,33757.597.75$41,368
Jan 200606,89460.598.93$61,586
Dec 200508,71554.9413.42$116,915
Nov 200507,42454.6910.59$78,608
Oct 200508,17458.3413.80$112,767
Sep 200507,86761.4512.08$95,025
Aug 200508,35661.519.80$81,862
Jul 200507,98955.697.84$62,663
Jun 200508,41752.337.38$62,126
May 200508,91245.226.65$59,275
Apr 200508,91449.207.36$65,611
Mar 200509,19550.377.15$65,789
Feb 200509,07045.226.31$57,249
Jan 200509,26943.166.32$58,600
Dec 200409,16039.866.75$61,840
Nov 200409,48145.286.33$60,019
Oct 2004010,03549.706.52$65,379
Sep 200409,94543.245.28$52,548
Aug 2004011,06142.375.55$61,396
Jul 2004010,45538.286.08$63,610
Jun 2004011,20736.106.43$72,095
May 2004011,90437.486.49$77,311
Apr 2004010,52034.475.86$61,631
Mar 2004011,94134.365.53$66,035
Feb 2004011,91832.455.51$65,664
Jan 2004012,60132.036.30$79,382
Dec 2003013,43030.266.30$84,631
Nov 2003014,00628.804.60$64,360
Oct 2003014,57128.174.76$69,353
Sep 2003015,19326.314.75$72,157
Aug 2003017,16929.765.13$88,072
Jul 2003018,82629.415.17$97,346
Jun 2003020,90928.565.98$125,098
May 2003026,53626.595.97$158,491
Apr 2003031,78026.675.41$171,843
Mar 20031130,88031.146.10$188,588

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                    4 Mcf  × $  3.05 =        $12

────────────────────────────────────────────────────
Month total                                      $12

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/196332 is the state's own key, not one this site invented.