REAGAN "A"

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 196398District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.5 M
May 2003 – May 2026
Value, last 12 filed months
$141 k
at the published price for each month
Months reported
277
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 Gas112003-10-14153416
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
CondensateDisposition263 bbl$15,579
GasProduction1,758,055 Mcf$9,490,776
Total$9,506,356

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 31.1602, -96.4177. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.16024, -96.41771 · 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
13,275 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 13,275 ft.

Completions filed
May 2003
1 of 1 wells

1 well

42-39530779913,275 ftMay 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 (277)

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

277 months

May 202602,883106.413.05$8,781
Apr 202642,98498.932.87$8,959
Mar 202683,24489.753.15$10,935
Feb 202602,83363.503.75$10,625
Jan 202633,15459.138.00$25,403
Dec 202522,99156.664.41$13,314
Nov 202503,07958.593.93$12,090
Oct 202513,41759.383.30$11,352
Sep 202503,24362.743.08$9,978
Aug 202523,42363.933.01$10,447
Jul 202532,75766.743.32$9,340
Jun 202503,10666.483.13$9,718
May 202522,89760.553.23$9,485
Apr 202512,95562.363.54$10,532
Mar 202523,27767.704.27$14,123
Feb 202543,22770.884.34$14,291
Jan 202504,18974.324.28$17,923
Dec 2024086668.993.12$2,703
Nov 202411,24669.052.20$2,808
Oct 202402,07371.372.28$4,729
Sep 2024085569.612.36$2,022
Aug 2024062375.632.06$1,286
Jul 202401,07379.932.15$2,303
Jun 202421,81778.082.63$4,942
May 202401,96078.812.20$4,309
Apr 202402,47984.451.66$4,113
Mar 202402,87480.301.55$4,441
Feb 202402,45676.091.78$4,381
Jan 202402,29573.023.30$7,568
Dec 202303,46071.262.61$9,033
Nov 202303,30477.892.81$9,276
Oct 202304,00985.443.09$12,377
Sep 202302,33189.042.74$6,375
Aug 202302,28980.522.67$6,118
Jul 202313,63874.852.64$9,686
Jun 202303,53268.962.26$7,977
May 202303,73170.622.23$8,310
Apr 202304,11878.122.24$9,215
Mar 202303,17872.852.39$7,605
Feb 202303,63675.112.47$8,965
Jan 202323,99876.533.39$13,697
Dec 202214,46376.415.73$25,645
Nov 202202,50285.005.65$14,127
Oct 202203,17887.185.86$18,635
Sep 202202,91284.888.16$23,773
Aug 202203,19294.529.13$29,134
Jul 202203,155101.587.54$23,795
Jun 202203,138115.097.98$25,032
May 202203,243109.378.43$27,348
Apr 202253,186104.226.84$22,306
Mar 202253,294108.885.08$17,266
Feb 202253,05391.054.86$15,289
Jan 202253,36281.844.54$15,665
Dec 202154,01871.323.90$16,023
Nov 202154,07877.435.24$21,743
Oct 202154,39079.795.71$25,483
Sep 202154,43169.865.35$24,059
Aug 202154,85666.024.22$20,825
Jul 202155,27570.783.98$21,359
Jun 202155,11169.493.38$17,626
May 202156,05363.483.02$18,583
Apr 202156,87260.362.76$19,258
Mar 202151,93861.302.72$5,572
Feb 202151,18457.805.55$6,858
Jan 202151,18850.412.81$3,591
Dec 202051,14944.642.68$3,297
Nov 202051,14238.772.71$3,285
Oct 202051,61136.972.48$4,178
Sep 202051,87837.091.99$3,925
Aug 202053,70539.982.39$9,037
Jul 202054,57838.371.83$8,547
Jun 202051,06234.901.69$1,970
May 202051,12116.921.81$2,119
Apr 202051,32914.751.80$2,472
Mar 202052,63730.341.86$5,047
Feb 2020583449.881.98$1,901
Jan 2020574157.252.09$1,838
Dec 201951,61459.012.30$4,014
Nov 201951,39355.302.75$4,108
Oct 201951,62853.472.42$4,205
Sep 201952,04055.052.66$5,696
Aug 201951,17653.112.30$2,975
Jul 2019527656.272.46$960
Jun 2019472752.782.49$2,022
May 2019080458.482.74$2,203
Apr 2019064162.632.75$1,763
Mar 201901,02756.803.06$3,145
Feb 201901,68550.852.79$4,705
Jan 201902,98046.033.23$9,620
Dec 201803,33046.594.19$13,938
Nov 201803,26652.934.24$13,839
Oct 201803,52461.443.40$11,975
Sep 201802,59659.543.11$8,068
Aug 201802,68659.403.07$8,237
Jul 201802,86465.142.93$8,397
Jun 201803,84260.183.08$11,822
May 201804,49765.382.90$13,045
Apr 201802,74463.842.90$7,960
Mar 201802,06761.222.79$5,760
Feb 201802,03161.782.77$5,618
Jan 201803,11362.874.01$12,481
Dec 201703,96157.272.92$11,572
Nov 201703,08155.423.12$9,608
Oct 201701,96549.292.98$5,863
Sep 201701,39747.523.09$4,313
Aug 201702,66245.373.00$7,998
Jul 201704,05343.873.09$12,513
Jun 201703,66042.493.09$11,299
May 201703,88745.373.26$12,685
Apr 201703,80947.933.21$12,233
Mar 201704,02246.772.98$12,000
Feb 201703,00250.452.95$8,864
Jan 201703,67449.413.42$12,561
Dec 201603,47548.763.72$12,937
Nov 201603,85242.492.64$10,186
Oct 201603,85546.193.09$11,913
Sep 201604,38041.553.10$13,581
Aug 201602,99341.442.92$8,753
Jul 201603,48341.622.92$10,185
Jun 201603,79445.352.69$10,190
May 201603,94042.521.99$7,845
Apr 201603,44536.561.99$6,859
Mar 201604,08533.011.79$7,329
Feb 201602,69626.472.06$5,564
Jan 201603,69127.352.36$8,727
Dec 201503,70132.362.00$7,407
Nov 201504,26738.792.17$9,248
Oct 201503,99143.552.43$9,684
Sep 201504,17842.992.76$11,525
Aug 201504,28940.162.87$12,320
Jul 201504,22948.152.95$12,455
Jun 201504,37456.152.88$12,610
May 201504,31555.212.96$12,753
Apr 201504,17049.822.71$11,286
Mar 201504,64342.892.93$13,626
Feb 201503,39844.662.98$10,113
Jan 201504,88843.433.10$15,156
Dec 201404,76054.693.59$17,095
Nov 201402,67870.464.25$11,386
Oct 201402,57078.303.90$10,025
Sep 201403,44886.164.05$13,949
Aug 201403,66589.394.04$14,789
Jul 201404,34696.564.18$18,165
Jun 201403,98098.164.74$18,853
May 201404,59394.734.73$21,709
Apr 201404,58495.944.81$22,045
Mar 201404,69195.895.06$23,721
Feb 201404,30797.406.19$26,669
Jan 201404,81390.404.86$23,395
Dec 201304,83791.824.35$21,063
Nov 201304,74388.853.74$17,731
Oct 201304,94997.423.78$18,704
Sep 201304,979104.113.72$18,511
Aug 201304,850104.253.52$17,085
Jul 201304,767102.523.72$17,722
Jun 201304,86294.403.93$19,124
May 201304,96294.834.15$20,588
Apr 201304,48893.964.28$19,220
Mar 201305,05993.623.91$19,795
Feb 201304,59091.233.42$15,697
Jan 201305,17391.603.42$17,691
Dec 201205,21486.773.42$17,833
Nov 201205,06886.953.62$18,371
Oct 201205,27589.383.40$17,933
Sep 201205,18594.672.92$15,132
Aug 201205,38092.662.91$15,646
Jul 201205,40085.133.02$16,312
Jun 201205,23379.822.52$13,182
May 201205,58591.612.49$13,897
Apr 201205,410101.652.00$10,803
Mar 201205,652105.052.22$12,559
Feb 201205,405101.102.57$13,892
Jan 201205,86798.092.73$16,041
Dec 201106,06996.873.24$19,662
Nov 201105,78895.723.31$19,166
Oct 201106,28084.983.65$22,913
Sep 201106,24383.623.99$24,883
Aug 201106,65283.404.15$27,601
Jul 201106,89494.144.52$31,142
Jun 201106,87592.904.64$31,899
May 201106,89798.134.40$30,380
Apr 201113,720105.964.33$16,226
Mar 2011074396.364.06$3,015
Feb 201104,42485.644.18$18,492
Jan 201106,32786.504.59$29,033
Dec 201006,39485.734.35$27,800
Nov 201016,41680.843.80$24,432
Oct 201016,68778.103.51$23,542
Sep 201016,71772.633.98$26,803
Aug 201006,96773.684.42$30,790
Jul 201007,68572.554.74$36,400
Jun 201018,63070.364.91$42,447
May 201006,79771.124.24$28,787
Apr 201017,33681.694.12$30,326
Mar 201006,83678.394.39$30,001
Feb 201001,54573.585.44$8,408
Jan 201003,48974.365.96$20,809
Dec 200906,80271.445.48$37,300
Nov 200907,11474.593.75$26,688
Oct 200906,67272.544.11$27,424
Sep 200902,27865.543.06$6,982
Aug 200907,06167.423.22$22,726
Jul 200905,93761.133.46$20,569
Jun 200915,25166.163.90$20,519
May 200907,04954.743.93$27,673
Apr 200906,63046.773.59$23,785
Mar 200906,97642.144.06$28,316
Feb 200906,58632.814.63$30,513
Jan 200906,84535.865.37$36,765
Dec 200807,38737.105.98$44,153
Nov 200807,20855.496.86$49,449
Oct 200807,58775.246.92$52,517
Sep 200807,207101.767.88$56,770
Aug 200808,165114.228.48$69,264
Jul 200808,112131.0811.39$92,391
Jun 200817,294131.3313.03$95,191
May 200817,263123.1711.57$84,187
Apr 200807,078110.3110.45$74,000
Mar 200808,082101.909.66$78,105
Feb 200817,89192.538.77$69,301
Jan 200808,29290.388.21$68,042
Dec 200708,70488.337.30$63,556
Nov 200718,65791.677.29$63,216
Oct 200728,57782.856.92$59,536
Sep 200708,53775.846.24$53,306
Aug 200708,90269.066.39$56,865
Jul 200709,09270.906.39$58,079
Jun 200709,16162.007.55$69,151
May 200706,53858.747.85$51,299
Apr 200708,86159.617.81$69,162
Mar 200709,37156.927.30$68,427
Feb 200708,65655.108.22$71,118
Jan 200729,81650.306.73$66,131
Dec 2006310,19956.656.92$70,731
Nov 2006210,04654.207.62$76,634
Oct 2006011,76254.906.01$70,734
Sep 200619,18760.085.04$46,337
Aug 200649,93568.717.34$73,197
Jul 200628,30669.376.34$52,822
Jun 200618,72366.286.38$55,753
May 200609,42666.016.42$60,562
Apr 200609,09064.397.36$66,907
Mar 2006010,99656.707.08$77,884
Feb 200609,76057.597.75$75,651
Jan 2006010,99960.598.93$98,258
Dec 2005010,94454.9413.42$146,818
Nov 2005010,61454.6910.59$112,385
Oct 2005011,79258.3413.80$162,680
Sep 2005010,26561.4512.08$123,991
Aug 2005011,21761.519.80$109,891
Jul 2005012,07255.697.84$94,688
Jun 2005012,06852.337.38$89,074
May 2005013,13245.226.65$87,343
Apr 2005014,18449.207.36$104,401
Mar 2005014,09550.377.15$100,848
Feb 2005013,85145.226.31$87,426
Jan 2005016,56043.166.32$104,696
Dec 2004016,20939.866.75$109,428
Nov 2004014,95645.286.33$94,678
Oct 2004015,86249.706.52$103,343
Sep 2004015,75843.245.28$83,264
Aug 2004017,07642.375.55$94,783
Jul 2004017,45038.286.08$106,169
Jun 2004017,31536.106.43$111,388
May 2004019,33837.486.49$125,592
Apr 2004019,79934.475.86$115,992
Mar 2004022,03034.365.53$121,829
Feb 2004021,16032.455.51$116,584
Jan 2004025,95732.036.30$163,520
Dec 2003028,43130.266.30$179,162
Nov 2003023,52428.804.60$108,097
Oct 2003027,48228.174.76$130,804
Sep 2003010,67126.314.75$50,680
Aug 2003034,19829.765.13$175,426
Jul 2003041,69429.415.17$215,593
Jun 2003057,44628.565.98$343,697
May 20032245,84326.595.97$274,391

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                2,883 Mcf  × $  3.05 =     $8,781

────────────────────────────────────────────────────
Month total                                   $8,781

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/196398 is the state's own key, not one this site invented.