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 201535District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.9 M
Feb 2004 – May 2026
Value, last 12 filed months
$65 k
at the published price for each month
Months reported
268
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 Gas112004-07-28158265
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
CondensateDisposition109 bbl$5,017
GasProduction1,243,964 Mcf$6,914,713
Total$6,919,730

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 31.1736, -96.4284. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.17361, -96.42844 · 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
13,368 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 13,368 ft.

Completions filed
Feb 2004
1 of 1 wells

1 well

42-39530847313,368 ftFeb 2004

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 (268)

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

268 months

May 202601,116106.413.05$3,399
Apr 202601,11098.932.87$3,185
Mar 2026278189.753.15$2,639
Feb 202601,27663.503.75$4,785
Jan 202601,57559.138.00$12,597
Dec 202501,45056.664.41$6,399
Nov 202501,48358.593.93$5,823
Oct 202501,77159.383.30$5,853
Sep 202501,62162.743.08$4,988
Aug 202521,80463.933.01$5,566
Jul 202511,54666.743.32$5,192
Jun 202501,62166.483.13$5,072
May 202501,89260.553.23$6,116
Apr 202501,47162.363.54$5,212
Mar 202521,62167.704.27$7,054
Feb 202531,57470.884.34$7,045
Jan 202501,92874.324.28$8,249
Dec 202401,69168.993.12$5,278
Nov 202401,33769.052.20$2,939
Oct 202402,05671.372.28$4,691
Sep 202402,49569.612.36$5,899
Aug 202402,71375.632.06$5,599
Jul 202402,09979.932.15$4,506
Jun 202422,38778.082.63$6,443
May 202402,16578.812.20$4,760
Apr 202402,16884.451.66$3,597
Mar 202402,39380.301.55$3,698
Feb 202402,02376.091.78$3,608
Jan 202402,22073.023.30$7,321
Dec 202301,78271.262.61$4,652
Nov 202302,16477.892.81$6,076
Oct 202302,02585.443.09$6,252
Sep 202301,81289.042.74$4,956
Aug 202302,22780.522.67$5,953
Jul 202302,42574.852.64$6,406
Jun 202301,70668.962.26$3,853
May 202301,91670.622.23$4,268
Apr 202301,73778.122.24$3,887
Mar 202302,32272.852.39$5,557
Feb 202302,27875.112.47$5,617
Jan 202302,38476.533.39$8,076
Dec 202212,34176.415.73$13,488
Nov 202202,42285.005.65$13,675
Oct 202202,27587.185.86$13,340
Sep 202202,37184.888.16$19,356
Aug 202202,32194.529.13$21,184
Jul 202202,686101.587.54$20,258
Jun 202202,218115.097.98$17,693
May 202202,499109.378.43$21,074
Apr 202202,446104.226.84$16,725
Mar 202202,380108.885.08$12,082
Feb 202202,11891.054.86$10,291
Jan 202202,77381.844.54$12,583
Dec 202102,42171.323.90$9,440
Nov 202102,65177.435.24$13,883
Oct 202102,23479.795.71$12,765
Sep 202102,54969.865.35$13,640
Aug 202102,64766.024.22$11,172
Jul 202102,86570.783.98$11,409
Jun 202101,78369.493.38$6,028
May 202102,51163.483.02$7,577
Apr 202102,41860.362.76$6,670
Mar 202102,58061.302.72$7,010
Feb 202102,06857.805.55$11,473
Jan 202102,62950.412.81$7,388
Dec 202002,48044.642.68$6,635
Nov 202002,59238.772.71$7,015
Oct 202002,76736.972.48$6,858
Sep 202002,68037.091.99$5,336
Aug 202002,93639.982.39$7,003
Jul 202002,34038.371.83$4,271
Jun 202002,14834.901.69$3,631
May 202002,53716.921.81$4,604
Apr 202002,52114.751.80$4,549
Mar 202002,40430.341.86$4,462
Feb 202002,37449.881.98$4,702
Jan 202002,41257.252.09$5,053
Dec 201902,49859.012.30$5,756
Nov 201902,01555.302.75$5,543
Oct 201901,77253.472.42$4,286
Sep 201902,11955.052.66$5,631
Aug 201902,06153.112.30$4,749
Jul 201902,06056.272.46$5,068
Jun 201902,23752.782.49$5,573
May 201902,13858.482.74$5,859
Apr 201902,11062.632.75$5,804
Mar 201902,49156.803.06$7,628
Feb 201902,35350.852.79$6,570
Jan 201902,91146.033.23$9,397
Dec 201802,91146.594.19$12,184
Nov 201802,81252.934.24$11,915
Oct 201803,01061.443.40$10,228
Sep 201802,86759.543.11$8,911
Aug 201803,02959.403.07$9,289
Jul 201803,04565.142.93$8,928
Jun 201802,98960.183.08$9,197
May 201803,09865.382.90$8,987
Apr 201803,02263.842.90$8,766
Mar 201802,72661.222.79$7,597
Feb 201802,80961.782.77$7,770
Jan 201803,14362.874.01$12,601
Dec 201703,18257.272.92$9,296
Nov 201703,12955.423.12$9,757
Oct 201703,30549.292.98$9,861
Sep 201703,17747.523.09$9,808
Aug 201703,39445.373.00$10,197
Jul 201703,68743.873.09$11,383
Jun 201702,36142.493.09$7,289
May 201702,12745.373.26$6,941
Apr 201702,82047.933.21$9,057
Mar 201703,09546.772.98$9,234
Feb 201702,97850.452.95$8,793
Jan 201703,71949.413.42$12,715
Dec 201602,54348.763.72$9,467
Nov 201602,73742.492.64$7,238
Oct 201603,35246.193.09$10,359
Sep 201602,69041.553.10$8,341
Aug 201602,81241.442.92$8,223
Jul 201602,37741.622.92$6,951
Jun 201603,40145.352.69$9,135
May 201603,29542.521.99$6,560
Apr 201603,62636.561.99$7,220
Mar 201602,88233.011.79$5,170
Feb 201602,82026.472.06$5,819
Jan 201603,45727.352.36$8,174
Dec 201504,08232.362.00$8,170
Nov 201503,61938.792.17$7,844
Oct 201502,43743.552.43$5,914
Sep 201503,73942.992.76$10,314
Aug 201502,78940.162.87$8,011
Jul 201503,55848.152.95$10,479
Jun 201502,59056.152.88$7,467
May 201503,93255.212.96$11,621
Apr 201501,70849.822.71$4,623
Mar 201502,82342.892.93$8,285
Feb 201501,66744.662.98$4,961
Jan 201503,22743.433.10$10,006
Dec 201403,81554.693.59$13,701
Nov 201403,86470.464.25$16,429
Oct 201403,84578.303.90$14,999
Sep 201403,63186.164.05$14,689
Aug 201403,04089.394.04$12,267
Jul 201404,25896.564.18$17,797
Jun 201404,07098.164.74$19,279
May 201404,14694.734.73$19,596
Apr 201404,35995.944.81$20,963
Mar 201403,01895.895.06$15,261
Feb 201403,61097.406.19$22,353
Jan 201404,64390.404.86$22,568
Dec 201304,70391.824.35$20,479
Nov 201304,56388.853.74$17,058
Oct 201304,83397.423.78$18,266
Sep 201304,529104.113.72$16,838
Aug 201304,045104.253.52$14,249
Jul 201301,560102.523.72$5,800
Jun 201302,24494.403.93$8,827
May 201303,79994.834.15$15,762
Apr 201303,32793.964.28$14,248
Mar 201302,78793.623.91$10,905
Feb 2013099591.233.42$3,403
Jan 201301,54791.603.42$5,291
Dec 201203,86686.773.42$13,222
Nov 201201,22286.953.62$4,430
Oct 201203,14689.383.40$10,695
Sep 201203,43294.672.92$10,016
Aug 201202,29892.662.91$6,683
Jul 201201,49685.133.02$4,519
Jun 201203,75579.822.52$9,459
May 201203,84891.612.49$9,575
Apr 20120676101.652.00$1,350
Mar 20120200105.052.22$444
Feb 201201,105101.102.57$2,840
Jan 2012084698.092.73$2,313
Dec 2011098196.873.24$3,178
Nov 2011090395.723.31$2,990
Oct 2011023184.983.65$843
Sep 201102,29983.623.99$9,163
Aug 201104,08883.404.15$16,962
Jul 201104,39494.144.52$19,849
Jun 201103,98092.904.64$18,467
May 201105,47998.134.40$24,134
Apr 201105,018105.964.33$21,744
Mar 201105,83996.364.06$23,691
Feb 201103,94385.644.18$16,482
Jan 201104,50286.504.59$20,659
Dec 201004,54285.734.35$19,747
Nov 201004,40080.843.80$16,699
Oct 201004,14478.103.51$14,541
Sep 201004,25872.633.98$16,945
Aug 201004,36373.684.42$19,282
Jul 201004,66472.554.74$22,091
Jun 201004,41270.364.91$21,665
May 201004,73071.124.24$20,033
Apr 201004,70881.694.12$19,410
Mar 201004,80978.394.39$21,105
Feb 201004,46173.585.44$24,278
Jan 201005,07374.365.96$30,256
Dec 200904,93971.445.48$27,084
Nov 200904,45774.593.75$16,720
Oct 200904,59672.544.11$18,891
Sep 200904,69465.543.06$14,386
Aug 200905,25167.423.22$16,900
Jul 200905,25561.133.46$18,206
Jun 200905,23066.163.90$20,371
May 200905,07854.743.93$19,935
Apr 200904,83246.773.59$17,335
Mar 200904,68442.144.06$19,012
Feb 200904,79932.814.63$22,234
Jan 200905,53635.865.37$29,734
Dec 200805,67237.105.98$33,902
Nov 200805,64655.496.86$38,734
Oct 200806,27975.246.92$43,463
Sep 200804,883101.767.88$38,464
Aug 200805,849114.228.48$49,617
Jul 200806,097131.0811.39$69,441
Jun 200805,838131.3313.03$76,084
May 200806,368123.1711.57$73,705
Apr 200805,822110.3110.45$60,868
Mar 200806,288101.909.66$60,768
Feb 200806,05592.538.77$53,106
Jan 200806,74690.388.21$55,356
Dec 200706,19688.337.30$45,243
Nov 200716,49191.677.29$47,422
Oct 200706,67282.856.92$46,183
Sep 200706,86475.846.24$42,860
Aug 200706,41069.066.39$40,947
Jul 200717,04970.906.39$45,099
Jun 200707,13662.007.55$53,866
May 200706,13558.747.85$48,137
Apr 200707,19159.617.81$56,127
Mar 200717,62256.927.30$55,713
Feb 200707,09255.108.22$58,268
Jan 200717,80550.306.73$52,553
Dec 200627,89456.656.92$54,727
Nov 200607,86054.207.62$59,873
Oct 200608,54454.906.01$51,382
Sep 200617,92360.085.04$39,970
Aug 200608,26868.717.34$60,686
Jul 200618,40169.376.34$53,355
Jun 200608,30666.286.38$53,025
May 200609,02166.016.42$57,960
Apr 200608,96664.397.36$65,994
Mar 200609,49656.707.08$67,259
Feb 200608,99857.597.75$69,745
Jan 2006210,53960.598.93$94,269
Dec 2005210,94154.9413.42$146,888
Nov 2005210,88254.6910.59$115,332
Oct 2005011,60158.3413.80$160,045
Sep 2005111,55861.4512.08$139,671
Aug 2005011,91461.519.80$116,720
Jul 2005112,64655.697.84$99,246
Jun 2005110,54452.337.38$77,878
May 2005013,21745.226.65$87,908
Apr 2005013,36149.207.36$98,343
Mar 2005213,89350.377.15$99,503
Feb 2005215,15745.226.31$95,760
Jan 2005318,16843.166.32$114,991
Dec 2004018,57539.866.75$125,401
Nov 2004118,92945.286.33$119,874
Oct 2004520,20249.706.52$131,867
Sep 2004620,83943.245.28$110,371
Aug 2004322,88242.375.55$127,137
Jul 2004524,98738.286.08$152,217
Jun 2004627,11636.106.43$174,654
May 20041534,30037.486.49$223,326
Apr 20043123,19634.475.86$136,961
Mar 2004014,76134.365.53$81,630
Feb 200403,25532.455.51$17,934

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                1,116 Mcf  × $  3.05 =     $3,399

────────────────────────────────────────────────────
Month total                                   $3,399

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/201535 is the state's own key, not one this site invented.