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 201828District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Dec 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
270
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 Gas112004-09-08158778
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
CondensateDisposition117 bbl$5,394
GasProduction523,093 Mcf$3,424,794
Total$3,430,188

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 31.1568, -96.4516. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.15685, -96.45164 · 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
12,951 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 12,951 ft.

Completions filed
Dec 2003
1 of 1 wells

1 well

42-39530833812,951 ftDec 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 (270)

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

270 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
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 20240068.993.12$0
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 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017012942.493.09$398
May 20170045.373.26$0
Apr 201706347.933.21$202
Mar 201704046.772.98$119
Feb 2017030750.452.95$906
Jan 2017063949.413.42$2,185
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20161041.622.92$42
Jun 201602845.352.69$75
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150132.362.00$2
Nov 201502038.792.17$43
Oct 201509043.552.43$218
Sep 201508242.992.76$226
Aug 201509340.162.87$267
Jul 2015027348.152.95$804
Jun 2015014056.152.88$404
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015030942.892.93$907
Feb 20150244.662.98$6
Jan 2015012043.433.10$372
Dec 2014010454.693.59$374
Nov 201404870.464.25$204
Oct 201404778.303.90$183
Sep 2014013686.164.05$550
Aug 201406289.394.04$250
Jul 2014020196.564.18$840
Jun 201404098.164.74$189
May 2014015594.734.73$733
Apr 2014013295.944.81$635
Mar 2014023495.895.06$1,183
Feb 2014014797.406.19$910
Jan 2014022090.404.86$1,069
Dec 2013038591.824.35$1,676
Nov 2013021688.853.74$807
Oct 2013021097.423.78$794
Sep 20130198104.113.72$736
Aug 201300104.253.52$0
Jul 20130421102.523.72$1,565
Jun 2013047194.403.93$1,853
May 201309594.834.15$394
Apr 2013043493.964.28$1,859
Mar 2013052593.623.91$2,054
Feb 2013070991.233.42$2,425
Jan 201301,14491.603.42$3,912
Dec 201201,52486.773.42$5,212
Nov 201202,02886.953.62$7,351
Oct 201202,71289.383.40$9,220
Sep 2012089594.672.92$2,612
Aug 201201,50492.662.91$4,374
Jul 201202,00085.133.02$6,042
Jun 201202,08579.822.52$5,252
May 2012086991.612.49$2,162
Apr 20120716101.652.00$1,430
Mar 201201,119105.052.22$2,487
Feb 20120862101.102.57$2,216
Jan 2012062398.092.73$1,703
Dec 2011072696.873.24$2,352
Nov 201101,34295.723.31$4,444
Oct 201101,55484.983.65$5,670
Sep 201102,15183.623.99$8,573
Aug 201102,67183.404.15$11,083
Jul 201102,62394.144.52$11,849
Jun 201102,75392.904.64$12,774
May 201122,83898.134.40$12,697
Apr 201112,862105.964.33$12,508
Mar 201103,89096.364.06$15,783
Feb 2011085985.644.18$3,591
Jan 201102,94686.504.59$13,519
Dec 201012,98985.734.35$13,081
Nov 201002,90880.843.80$11,037
Oct 201002,40878.103.51$8,449
Sep 201002,68572.633.98$10,685
Aug 201002,58173.684.42$11,406
Jul 201002,67372.554.74$12,661
Jun 201012,96170.364.91$14,610
May 201002,81371.124.24$11,914
Apr 201003,03681.694.12$12,516
Mar 201003,16178.394.39$13,873
Feb 201002,96973.585.44$16,158
Jan 201003,16474.365.96$18,870
Dec 200903,37471.445.48$18,502
Nov 200903,44674.593.75$12,928
Oct 200902,81172.544.11$11,554
Sep 200903,30365.543.06$10,123
Aug 200903,51767.423.22$11,319
Jul 200903,27961.133.46$11,360
Jun 200903,68966.163.90$14,369
May 200903,57754.743.93$14,042
Apr 200903,98546.773.59$14,296
Mar 200901,29642.144.06$5,260
Feb 200903,59832.814.63$16,670
Jan 200903,95435.865.37$21,237
Dec 200803,36637.105.98$20,119
Nov 200803,25055.496.86$22,296
Oct 200812,98075.246.92$20,703
Sep 200813,465101.767.88$27,396
Aug 200804,062114.228.48$34,458
Jul 200814,178131.0811.39$47,716
Jun 200814,080131.3313.03$53,304
May 200813,608123.1711.57$41,883
Apr 200803,884110.3110.45$40,607
Mar 200804,144101.909.66$40,048
Feb 200813,74692.538.77$32,947
Jan 200804,30290.388.21$35,301
Dec 200723,86588.337.30$28,399
Nov 200703,82691.677.29$27,898
Oct 200714,04682.856.92$28,089
Sep 200704,39575.846.24$27,443
Aug 200704,65769.066.39$29,749
Jul 200704,29970.906.39$27,462
Jun 200704,12362.007.55$31,122
May 200704,29658.747.85$33,708
Apr 200704,96659.617.81$38,761
Mar 200714,80756.927.30$35,157
Feb 200704,06755.108.22$33,414
Jan 200715,24550.306.73$35,333
Dec 200625,22356.656.92$36,248
Nov 200615,07154.207.62$38,682
Oct 200605,69454.906.01$34,243
Sep 200615,43960.085.04$27,457
Aug 200645,78768.717.34$42,751
Jul 200626,17269.376.34$39,286
Jun 200615,25366.286.38$33,601
May 200606,01366.016.42$38,634
Apr 200615,90264.397.36$43,506
Mar 200616,44056.707.08$45,671
Feb 200605,86857.597.75$45,484
Jan 200616,65360.598.93$59,494
Dec 200506,80354.9413.42$91,265
Nov 200526,94754.6910.59$73,667
Oct 200507,44958.3413.80$102,765
Sep 200506,66661.4512.08$80,519
Aug 200516,77061.519.80$66,386
Jul 200516,51355.697.84$51,141
Jun 200516,42852.337.38$47,498
May 200507,01445.226.65$46,651
Apr 200507,33949.207.36$54,019
Mar 200518,08750.377.15$57,912
Feb 200517,32145.226.31$46,255
Jan 200518,42143.166.32$53,282
Dec 200448,54439.866.75$57,841
Nov 200418,99245.286.33$56,968
Oct 200449,74049.706.52$63,656
Sep 200419,81743.245.28$51,915
Aug 2004310,66342.375.55$59,314
Jul 2004110,47838.286.08$63,788
Jun 2004110,98736.106.43$70,716
May 2004011,90737.486.49$77,331
Apr 2004012,30734.475.86$72,100
Mar 2004013,86834.365.53$76,692
Feb 2004015,06532.455.51$83,002
Jan 2004614,01532.036.30$88,482
Dec 2003576,78130.266.30$44,456

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.

Jun 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.49 =         $0
Gas                  129 Mcf  × $  3.09 =       $398

────────────────────────────────────────────────────
Month total                                     $398

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/201828 is the state's own key, not one this site invented.