REAGAN "C"

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 196335District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.1 M
Apr 2003 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
278
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 Gas112003-10-14153418
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
CondensateDisposition38 bbl$2,679
GasProduction2,248,430 Mcf$13,049,271
Total$13,051,950

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 31.1567, -96.4450. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.15668, -96.44495 · 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
13,030 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 13,030 ft.

Completions filed
Apr 2003
1 of 1 wells

1 well

42-39530686413,030 ftApr 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 (278)

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

278 months

May 2026055106.413.05$168
Apr 202605398.932.87$152
Mar 202605589.753.15$173
Feb 202604663.503.75$173
Jan 202605559.138.00$440
Dec 202505456.664.41$238
Nov 202505458.593.93$212
Oct 202506159.383.30$202
Sep 202506562.743.08$200
Aug 202507363.933.01$220
Jul 202505866.743.32$192
Jun 202505366.483.13$166
May 202505060.553.23$162
Apr 202504962.363.54$174
Mar 202507067.704.27$299
Feb 202505270.884.34$226
Jan 2025024574.324.28$1,048
Dec 202405768.993.12$178
Nov 202405269.052.20$114
Oct 202404571.372.28$103
Sep 202406069.612.36$142
Aug 2024010075.632.06$206
Jul 2024014879.932.15$318
Jun 202407678.082.63$200
May 202404578.812.20$99
Apr 202408284.451.66$136
Mar 202408980.301.55$138
Feb 202404676.091.78$82
Jan 202409273.023.30$303
Dec 202308971.262.61$232
Nov 202307277.892.81$202
Oct 2023021485.443.09$661
Sep 202301989.042.74$52
Aug 202309080.522.67$241
Jul 2023017574.852.64$462
Jun 2023015168.962.26$341
May 2023040770.622.23$907
Apr 2023056278.122.24$1,258
Mar 202301,80472.852.39$4,317
Feb 202301,98175.112.47$4,885
Jan 202302,24376.533.39$7,599
Dec 202212,01076.415.73$11,592
Nov 2022029785.005.65$1,677
Oct 202202,28987.185.86$13,422
Sep 202202,46684.888.16$20,132
Aug 202202,47994.529.13$22,626
Jul 202202,500101.587.54$18,855
Jun 202202,325115.097.98$18,547
May 202202,285109.378.43$19,270
Apr 202202,321104.226.84$15,870
Mar 202202,307108.885.08$11,711
Feb 202202,07091.054.86$10,058
Jan 202202,24681.844.54$10,192
Dec 202102,50171.323.90$9,752
Nov 202102,35977.435.24$12,354
Oct 202102,57179.795.71$14,690
Sep 202102,60169.865.35$13,918
Aug 202102,77766.024.22$11,721
Jul 202102,84370.783.98$11,321
Jun 202102,64169.493.38$8,928
May 202102,71563.483.02$8,193
Apr 202102,73560.362.76$7,544
Mar 202102,83361.302.72$7,697
Feb 202102,47657.805.55$13,737
Jan 202103,11450.412.81$8,751
Dec 202003,15244.642.68$8,433
Nov 202002,77538.772.71$7,511
Oct 202001,18336.972.48$2,932
Sep 202001,17137.091.99$2,332
Aug 202002,50939.982.39$5,984
Jul 202002,53438.371.83$4,625
Jun 202002,69334.901.69$4,552
May 202002,56616.921.81$4,657
Apr 202002,49014.751.80$4,493
Mar 202002,45730.341.86$4,561
Feb 202002,25449.881.98$4,464
Jan 202012,49857.252.09$5,290
Dec 201902,45859.012.30$5,664
Nov 201902,34855.302.75$6,459
Oct 201902,52453.472.42$6,104
Sep 201902,36055.052.66$6,271
Aug 201902,34853.112.30$5,411
Jul 201902,74156.272.46$6,743
Jun 201902,82952.782.49$7,048
May 201902,83658.482.74$7,772
Apr 201902,77462.632.75$7,630
Mar 201903,00856.803.06$9,211
Feb 201902,80550.852.79$7,832
Jan 201913,16646.033.23$10,266
Dec 201802,61846.594.19$10,957
Nov 201802,98952.934.24$12,665
Oct 201803,18861.443.40$10,833
Sep 201803,21959.543.11$10,005
Aug 201803,33259.403.07$10,218
Jul 201803,35365.142.93$9,831
Jun 2018086260.183.08$2,652
May 201802,86965.382.90$8,322
Apr 201803,09463.842.90$8,975
Mar 201803,43061.222.79$9,559
Feb 201801,61161.782.77$4,456
Jan 201802,07162.874.01$8,303
Dec 201703,01057.272.92$8,794
Nov 201703,04055.423.12$9,480
Oct 201703,19449.292.98$9,530
Sep 201702,88147.523.09$8,894
Aug 201703,18445.373.00$9,566
Jul 201702,38743.873.09$7,369
Jun 201702,85442.493.09$8,811
May 201711,24145.373.26$4,095
Apr 201703,43747.933.21$11,038
Mar 201703,04046.772.98$9,070
Feb 201701,76250.452.95$5,202
Jan 201702,13049.413.42$7,282
Dec 2016166148.763.72$2,510
Nov 201611,76342.492.64$4,704
Oct 201602,92446.193.09$9,036
Sep 201602,26341.553.10$7,017
Aug 201612,92441.442.92$8,592
Jul 201603,21041.622.92$9,387
Jun 201602,36645.352.69$6,355
May 201603,67642.521.99$7,319
Apr 201612,73036.561.99$5,472
Mar 201603,75933.011.79$6,744
Feb 201603,76526.472.06$7,770
Jan 201604,00627.352.36$9,472
Dec 201503,62732.362.00$7,259
Nov 201501,66138.792.17$3,600
Oct 2015013443.552.43$325
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 201506148.152.95$180
Jun 201502,26656.152.88$6,533
May 201504,21255.212.96$12,448
Apr 201504,39949.822.71$11,906
Mar 201504,34942.892.93$12,763
Feb 201504,47344.662.98$13,313
Jan 201502,05943.433.10$6,384
Dec 201403,57254.693.59$12,828
Nov 201402,61370.464.25$11,110
Oct 201402,94978.303.90$11,504
Sep 201404,43286.164.05$17,929
Aug 201404,74289.394.04$19,135
Jul 201403,12296.564.18$13,049
Jun 201405,09798.164.74$24,144
May 2014069394.734.73$3,276
Apr 2014082895.944.81$3,982
Mar 201403,02995.895.06$15,317
Feb 201404,34097.406.19$26,873
Jan 201405,49890.404.86$26,724
Dec 201304,59491.824.35$20,004
Nov 201303,90188.853.74$14,583
Oct 201304,63697.423.78$17,521
Sep 201304,711104.113.72$17,514
Aug 201304,731104.253.52$16,665
Jul 201305,010102.523.72$18,626
Jun 201305,26594.403.93$20,709
May 201306,61694.834.15$27,450
Apr 201302,96593.964.28$12,698
Mar 201304,73093.623.91$18,508
Feb 201304,52991.233.42$15,489
Jan 201304,98191.603.42$17,035
Dec 201205,10286.773.42$17,450
Nov 201204,63086.953.62$16,784
Oct 201205,09589.383.40$17,321
Sep 201204,88494.672.92$14,253
Aug 201205,17492.662.91$15,047
Jul 201205,26185.133.02$15,892
Jun 201205,57479.822.52$14,041
May 201206,59791.612.49$16,415
Apr 201205,279101.652.00$10,541
Mar 201203,986105.052.22$8,857
Feb 201205,265101.102.57$13,532
Jan 201204,14898.092.73$11,341
Dec 201106,31096.873.24$20,443
Nov 201104,09195.723.31$13,546
Oct 201105,07984.983.65$18,531
Sep 201104,54083.623.99$18,096
Aug 201106,42483.404.15$26,655
Jul 201106,61094.144.52$29,859
Jun 201106,25192.904.64$29,004
May 201106,37898.134.40$28,094
Apr 201116,576105.964.33$28,602
Mar 201107,04896.364.06$28,596
Feb 201106,31485.644.18$26,392
Jan 201106,96386.504.59$31,952
Dec 201007,17185.734.35$31,178
Nov 201017,66080.843.80$29,153
Oct 201005,25578.103.51$18,439
Sep 201006,74172.633.98$26,826
Aug 201007,16173.684.42$31,647
Jul 201007,10372.554.74$33,643
Jun 201017,10470.364.91$34,954
May 201007,26471.124.24$30,765
Apr 201007,40881.694.12$30,541
Mar 201008,11078.394.39$35,592
Feb 201007,05373.585.44$38,385
Jan 201007,60274.365.96$45,339
Dec 200908,20571.445.48$44,994
Nov 200908,15774.593.75$30,601
Oct 200908,88272.544.11$36,507
Sep 200909,06465.543.06$27,779
Aug 200909,04267.423.22$29,102
Jul 200909,28261.133.46$32,157
Jun 200918,91766.163.90$34,798
May 200909,89054.743.93$38,826
Apr 2009010,51346.773.59$37,715
Mar 200908,43242.144.06$34,225
Feb 200909,69932.814.63$44,935
Jan 2009011,38735.865.37$61,160
Dec 2008014,07837.105.98$84,146
Nov 200806,40355.496.86$43,927
Oct 200829,51775.246.92$66,027
Sep 200829,249101.767.88$73,059
Aug 200809,988114.228.48$84,728
Jul 2008110,120131.0811.39$115,392
Jun 2008110,184131.3313.03$132,856
May 2008111,258123.1711.57$130,427
Apr 2008010,607110.3110.45$110,895
Mar 200809,947101.909.66$96,129
Feb 200808,97092.538.77$78,672
Jan 2008010,81990.388.21$88,778
Dec 2007011,52288.337.30$84,133
Nov 2007011,90891.677.29$86,830
Oct 2007012,80382.856.92$88,622
Sep 2007011,10475.846.24$69,335
Aug 2007013,46369.066.39$86,001
Jul 2007115,47270.906.39$98,905
Jun 2007110,73062.007.55$81,057
May 200709,44158.747.85$74,077
Apr 2007112,03959.617.81$94,026
Mar 2007013,16856.927.30$96,152
Feb 2007012,60555.108.22$103,563
Jan 2007112,63450.306.73$85,037
Dec 2006213,10456.656.92$90,773
Nov 2006113,18954.207.62$100,521
Oct 2006014,24554.906.01$85,667
Sep 2006115,22860.085.04$76,767
Aug 2006816,51268.717.34$121,746
Jul 2006116,20869.376.34$102,873
Jun 2006216,07266.286.38$102,734
May 2006014,57266.016.42$93,625
Apr 2006015,19464.397.36$111,835
Mar 2006015,35856.707.08$108,779
Feb 2006014,51957.597.75$112,539
Jan 2006016,39260.598.93$146,435
Dec 2005016,49854.9413.42$221,327
Nov 2005016,95254.6910.59$179,495
Oct 2005017,53458.3413.80$241,895
Sep 2005017,32061.4512.08$209,208
Aug 2005018,50161.519.80$181,251
Jul 2005022,23955.697.84$174,435
Jun 2005018,21352.337.38$134,431
May 2005021,68845.226.65$144,250
Apr 2005022,32249.207.36$164,301
Mar 2005024,29250.377.15$173,806
Feb 2005023,66445.226.31$149,365
Jan 2005021,30943.166.32$134,720
Dec 2004021,34239.866.75$144,082
Nov 2004020,59545.286.33$130,375
Oct 2004028,34149.706.52$184,644
Sep 2004025,66343.245.28$135,601
Aug 2004032,33042.375.55$179,453
Jul 2004028,74838.286.08$174,908
Jun 2004030,74136.106.43$197,757
May 2004035,87937.486.49$233,019
Apr 2004036,52334.475.86$213,969
Mar 2004034,34334.365.53$189,922
Feb 2004035,27932.455.51$194,374
Jan 2004041,73932.036.30$262,941
Dec 2003032,61330.266.30$205,515
Nov 2003036,91028.804.60$169,607
Oct 2003044,23828.174.76$210,557
Sep 2003040,87426.314.75$194,125
Aug 2003051,56629.765.13$264,519
Jul 2003051,92029.415.17$268,470
Jun 2003061,07628.565.98$365,415
May 2003099,30526.595.97$593,117
Apr 2003086,81526.675.41$469,433

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                   55 Mcf  × $  3.05 =       $168

────────────────────────────────────────────────────
Month total                                     $168

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/196335 is the state's own key, not one this site invented.