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 197891District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.6 M
Aug 2003 – May 2026
Value, last 12 filed months
$87 k
at the published price for each month
Months reported
274
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 Gas222004-02-11 – 2004-04-152 dockets
NGPA2none

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
CondensateDisposition90 bbl$5,077
GasProduction3,041,642 Mcf$17,548,904
Total$17,553,980

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 31.1616, -96.4442. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.16158, -96.44424 · 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
12,945 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 12,945 ft.

Completions filed
Aug 2003
1 of 1 wells

1 well

42-39530810712,945 ftAug 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 (274)

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

274 months

May 202601,698106.413.05$5,172
Apr 202602,23598.932.87$6,414
Mar 202601,36289.753.15$4,290
Feb 202601,85563.503.75$6,957
Jan 202602,25359.138.00$18,019
Dec 202502,01356.664.41$8,884
Nov 202501,60758.593.93$6,310
Oct 202511,69759.383.30$5,668
Sep 202522,29662.743.08$7,190
Aug 202512,33863.933.01$7,112
Jul 202511,92966.743.32$6,462
Jun 202501,58466.483.13$4,956
May 202521,85960.553.23$6,130
Apr 202502,27462.363.54$8,057
Mar 202522,04167.704.27$8,847
Feb 202532,07870.884.34$9,233
Jan 202512,38374.324.28$10,270
Dec 202401,94768.993.12$6,077
Nov 202412,24569.052.20$5,005
Oct 202402,52471.372.28$5,758
Sep 202402,64669.612.36$6,256
Aug 202412,62575.632.06$5,493
Jul 202441,36379.932.15$3,246
Jun 202402,26178.082.63$5,955
May 202402,45378.812.20$5,393
Apr 202402,27284.451.66$3,770
Mar 202402,34080.301.55$3,616
Feb 202432,52576.091.78$4,732
Jan 202402,33273.023.30$7,690
Dec 202302,64071.262.61$6,892
Nov 202302,53177.892.81$7,106
Oct 202302,68885.443.09$8,299
Sep 202302,72189.042.74$7,442
Aug 202302,63780.522.67$7,048
Jul 202312,51674.852.64$6,722
Jun 202302,74668.962.26$6,202
May 202302,86470.622.23$6,379
Apr 202302,84178.122.24$6,357
Mar 202303,15372.852.39$7,546
Feb 202301,20075.112.47$2,959
Jan 202312,22876.533.39$7,624
Dec 202202,03876.415.73$11,676
Nov 202202,56085.005.65$14,454
Oct 202202,34087.185.86$13,721
Sep 202202,36184.888.16$19,274
Aug 202203,04394.529.13$27,774
Jul 202202,704101.587.54$20,394
Jun 202202,890115.097.98$23,054
May 202202,996109.378.43$25,265
Apr 202202,932104.226.84$20,048
Mar 202203,122108.885.08$15,849
Feb 202202,49991.054.86$12,142
Jan 202202,78781.844.54$12,647
Dec 202102,22371.323.90$8,668
Nov 202102,88677.435.24$15,114
Oct 202102,97979.795.71$17,022
Sep 202102,93369.865.35$15,694
Aug 202103,05166.024.22$12,877
Jul 202103,07970.783.98$12,261
Jun 202102,97569.493.38$10,057
May 202103,11163.483.02$9,388
Apr 202103,01160.362.76$8,306
Mar 202103,13461.302.72$8,515
Feb 202102,87257.805.55$15,934
Jan 202103,18750.412.81$8,956
Dec 202003,32344.642.68$8,891
Nov 202003,25938.772.71$8,821
Oct 202003,43936.972.48$8,523
Sep 202003,39637.091.99$6,762
Aug 202013,59639.982.39$8,617
Jul 202003,44638.371.83$6,289
Jun 202002,44434.901.69$4,131
May 202003,58316.921.81$6,502
Apr 202003,60914.751.80$6,512
Mar 202003,30530.341.86$6,135
Feb 202002,67049.881.98$5,288
Jan 202012,79557.252.09$5,912
Dec 201902,81259.012.30$6,480
Nov 201902,72255.302.75$7,487
Oct 201902,90853.472.42$7,033
Sep 201902,89055.052.66$7,680
Aug 201902,60453.112.30$6,001
Jul 201902,90256.272.46$7,139
Jun 201902,73052.782.49$6,801
May 201903,05958.482.74$8,383
Apr 201902,96062.632.75$8,142
Mar 201902,87856.803.06$8,813
Feb 201902,78250.852.79$7,768
Jan 201903,00646.033.23$9,704
Dec 201803,07046.594.19$12,849
Nov 201803,09052.934.24$13,093
Oct 201803,11961.443.40$10,599
Sep 201803,28359.543.11$10,204
Aug 201803,06859.403.07$9,408
Jul 201803,06965.142.93$8,998
Jun 201802,95260.183.08$9,083
May 201803,34665.382.90$9,706
Apr 201803,36763.842.90$9,767
Mar 201803,01561.222.79$8,402
Feb 201813,02861.782.77$8,438
Jan 201802,97962.874.01$11,944
Dec 201703,26757.272.92$9,545
Nov 201703,70555.423.12$11,554
Oct 201704,40249.292.98$13,134
Sep 201703,84247.523.09$11,861
Aug 201703,41245.373.00$10,251
Jul 201714,02843.873.09$12,479
Jun 201704,18142.493.09$12,908
May 201703,46945.373.26$11,321
Apr 201703,94647.933.21$12,673
Mar 201704,46146.772.98$13,310
Feb 201714,48150.452.95$13,281
Jan 201702,87349.413.42$9,822
Dec 201612,53548.763.72$9,486
Nov 201624,07942.492.64$10,871
Oct 201604,92646.193.09$15,223
Sep 201605,16041.553.10$15,999
Aug 201613,89841.442.92$11,441
Jul 201602,85941.622.92$8,361
Jun 201603,48445.352.69$9,357
May 201603,49642.521.99$6,961
Apr 201613,48136.561.99$6,967
Mar 201604,10233.011.79$7,359
Feb 201604,05926.472.06$8,376
Jan 201604,56427.352.36$10,791
Dec 201503,97532.362.00$7,956
Nov 201504,21938.792.17$9,144
Oct 201504,44043.552.43$10,774
Sep 201503,77442.992.76$10,410
Aug 201504,58240.162.87$13,162
Jul 201504,96348.152.95$14,616
Jun 201504,61856.152.88$13,313
May 201504,93955.212.96$14,597
Apr 201504,90549.822.71$13,276
Mar 201505,15142.892.93$15,117
Feb 201504,72244.662.98$14,054
Jan 201505,32643.433.10$16,514
Dec 201405,55154.693.59$19,936
Nov 201405,38470.464.25$22,892
Oct 201405,67078.303.90$22,118
Sep 201404,75986.164.05$19,252
Aug 201405,48589.394.04$22,133
Jul 201405,35096.564.18$22,361
Jun 201405,43898.164.74$25,759
May 201405,45794.734.73$25,793
Apr 201405,10495.944.81$24,546
Mar 201405,35895.895.06$27,094
Feb 201404,87397.406.19$30,174
Jan 201405,54090.404.86$26,928
Dec 201305,71091.824.35$24,864
Nov 201305,93988.853.74$22,202
Oct 201306,50697.423.78$24,589
Sep 201306,732104.113.72$25,028
Aug 201307,324104.253.52$25,800
Jul 201304,614102.523.72$17,154
Jun 201315,98194.403.93$23,620
May 201306,62194.834.15$27,471
Apr 201306,76093.964.28$28,950
Mar 201307,31793.623.91$28,630
Feb 201306,93491.233.42$23,714
Jan 201306,74191.603.42$23,054
Dec 201206,72286.773.42$22,990
Nov 201206,63286.953.62$24,041
Oct 201207,28489.383.40$24,763
Sep 201207,59194.672.92$22,154
Aug 201208,14192.662.91$23,675
Jul 201207,79885.133.02$23,556
Jun 201207,28179.822.52$18,341
May 201206,33191.612.49$15,754
Apr 201208,600101.652.00$17,172
Mar 201208,906105.052.22$19,790
Feb 201208,430101.102.57$21,667
Jan 201209,09998.092.73$24,877
Dec 201109,77696.873.24$31,672
Nov 201108,36995.723.31$27,712
Oct 201109,56084.983.65$34,880
Sep 201109,30683.623.99$37,092
Aug 201109,62783.404.15$39,946
Jul 201109,81794.144.52$44,346
Jun 201109,73592.904.64$45,169
May 2011010,09998.134.40$44,484
Apr 201119,776105.964.33$42,468
Mar 2011010,59996.364.06$43,004
Feb 201109,76685.644.18$40,822
Jan 2011010,69186.504.59$49,059
Dec 2010011,04685.734.35$48,025
Nov 2010111,01180.843.80$41,871
Oct 2010011,79878.103.51$41,398
Sep 2010111,25272.633.98$44,850
Aug 2010012,11773.684.42$53,549
Jul 2010012,72172.554.74$60,253
Jun 2010111,90170.364.91$58,509
May 2010012,44071.124.24$52,686
Apr 2010012,29581.694.12$50,688
Mar 2010012,78678.394.39$56,114
Feb 2010012,04573.585.44$65,553
Jan 2010013,91674.365.96$82,996
Dec 2009013,06471.445.48$71,640
Nov 2009014,03174.593.75$52,637
Oct 2009012,69972.544.11$52,196
Sep 2009012,88865.543.06$39,499
Aug 2009013,67167.423.22$44,000
Jul 2009013,03861.133.46$45,170
Jun 2009014,26666.163.90$55,566
May 2009013,60254.743.93$53,398
Apr 2009013,67346.773.59$49,052
Mar 2009014,16542.144.06$57,496
Feb 2009012,69232.814.63$58,802
Jan 2009014,53335.865.37$78,057
Dec 2008013,97637.105.98$83,537
Nov 2008013,93855.496.86$95,620
Oct 2008014,25375.246.92$98,659
Sep 2008014,393101.767.88$113,375
Aug 2008015,740114.228.48$133,523
Jul 2008016,041131.0811.39$182,698
Jun 2008015,870131.3313.03$206,828
May 2008116,741123.1711.57$193,888
Apr 2008015,275110.3110.45$159,698
Mar 2008016,525101.909.66$159,699
Feb 2008115,50292.538.77$136,054
Jan 2008016,71090.388.21$137,118
Dec 2007017,18788.337.30$125,499
Nov 2007217,47391.677.29$127,591
Oct 2007117,12682.856.92$118,629
Sep 2007017,31075.846.24$108,086
Aug 2007118,01669.066.39$115,154
Jul 2007018,29670.906.39$116,874
Jun 2007018,58762.007.55$140,303
May 2007015,31358.747.85$120,150
Apr 2007119,47059.617.81$152,027
Mar 2007119,78456.927.30$144,519
Feb 2007017,95355.108.22$147,502
Jan 2007120,65950.306.73$139,020
Dec 2006220,87756.656.92$144,550
Nov 2006121,39254.207.62$163,007
Oct 2006021,02354.906.01$126,428
Sep 2006120,22560.085.04$101,937
Aug 2006021,81768.717.34$160,135
Jul 2006122,31469.376.34$141,602
Jun 2006121,80066.286.38$139,235
May 2006025,15466.016.42$161,614
Apr 2006025,01364.397.36$184,108
Mar 2006125,31056.707.08$179,325
Feb 2006021,85557.597.75$169,401
Jan 2006024,42460.598.93$218,187
Dec 2005025,76154.9413.42$345,594
Nov 2005026,50154.6910.59$280,603
Oct 2005026,62858.3413.80$367,354
Sep 2005126,23461.4512.08$316,942
Aug 2005028,64361.519.80$280,611
Jul 2005029,92855.697.84$234,744
Jun 2005230,31452.337.38$223,854
May 2005033,02345.226.65$219,641
Apr 2005033,44349.207.36$246,157
Mar 2005129,50450.377.15$211,148
Feb 2005133,23145.226.31$209,797
Jan 2005339,06943.166.32$247,132
Dec 2004238,97239.866.75$263,183
Nov 2004137,19845.286.33$235,524
Oct 2004142,36749.706.52$276,075
Sep 2004140,61043.245.28$214,622
Aug 2004244,01842.375.55$244,414
Jul 2004547,03238.286.08$286,343
Jun 2004146,57936.106.43$299,680
May 2004350,69437.486.49$329,349
Apr 2004154,15134.475.86$317,276
Mar 2004049,08634.365.53$271,452
Feb 2004053,07132.455.51$292,401
Jan 2004259,87632.036.30$377,261
Dec 2003063,75830.266.30$401,780
Nov 2003071,91928.804.60$330,479
Oct 2003286,35328.174.76$411,066
Sep 20036115,21426.314.75$547,351
Aug 2003028,04829.765.13$143,878

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                1,698 Mcf  × $  3.05 =     $5,172

────────────────────────────────────────────────────
Month total                                   $5,172

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/197891 is the state's own key, not one this site invented.