REED, BOBBY GAS UNIT

Operated by 1789 MANAGEMENT, LLC (P-5 100936) in the FREESTONE (CV-BOSSIER CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 202100District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
Feb 2004 – May 2026
Value, last 12 filed months
$12 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 960 leases and 960 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2016-11-15.

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: PLATS FOR INDIVIDUAL WELLS IN THE FIELD IF THEY CHOOSE.

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 Gas112005-03-22161000
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
CondensateDisposition7 bbl$631
GasProduction783,029 Mcf$4,721,773
Total$4,722,404

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 31.4723, -96.3445. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47226, -96.34450 · 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
11,750 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 11,750 ft.

Completions filed
Jul 2007
1 of 1 wells

1 well

42-29331548611,750 ftJul 2007

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 20260262106.413.05$798
Apr 2026023398.932.87$669
Mar 2026027889.753.15$876
Feb 2026024563.503.75$919
Jan 2026029559.138.00$2,359
Dec 2025029556.664.41$1,302
Nov 2025022358.593.93$876
Oct 2025024159.383.30$796
Sep 2025027062.743.08$831
Aug 2025024063.933.01$724
Jul 2025027966.743.32$925
Jun 2025021966.483.13$685
May 2025024760.553.23$798
Apr 2025028362.363.54$1,003
Mar 2025024067.704.27$1,024
Feb 2025024070.884.34$1,042
Jan 2025023874.324.28$1,018
Dec 2024028868.993.12$899
Nov 2024025669.052.20$563
Oct 2024025471.372.28$579
Sep 2024029469.612.36$695
Aug 2024025375.632.06$522
Jul 2024034279.932.15$734
Jun 2024027178.082.63$714
May 2024028478.812.20$624
Apr 2024031484.451.66$521
Mar 2024032280.301.55$498
Feb 2024031476.091.78$560
Jan 2024033873.023.30$1,115
Dec 2023036071.262.61$940
Nov 2023033777.892.81$946
Oct 2023036185.443.09$1,115
Sep 2023035189.042.74$960
Aug 2023021880.522.67$583
Jul 2023030074.852.64$793
Jun 2023028068.962.26$632
May 2023029970.622.23$666
Apr 2023030178.122.24$674
Mar 20230072.852.39$0
Feb 2023032175.112.47$791
Jan 2023031476.533.39$1,064
Dec 2022035776.415.73$2,045
Nov 2022029085.005.65$1,637
Oct 2022034787.185.86$2,035
Sep 2022028884.888.16$2,351
Aug 2022031094.529.13$2,829
Jul 20220311101.587.54$2,346
Jun 20220309115.097.98$2,465
May 20220361109.378.43$3,044
Apr 20220330104.226.84$2,256
Mar 20220309108.885.08$1,569
Feb 2022025191.054.86$1,220
Jan 2022030481.844.54$1,379
Dec 2021034271.323.90$1,334
Nov 2021021977.435.24$1,147
Oct 2021027579.795.71$1,571
Sep 2021016969.865.35$904
Aug 2021034366.024.22$1,448
Jul 2021022770.783.98$904
Jun 2021027269.493.38$920
May 2021024663.483.02$742
Apr 2021025860.362.76$712
Mar 2021034961.302.72$948
Feb 2021025657.805.55$1,420
Jan 2021025750.412.81$722
Dec 2020034244.642.68$915
Nov 2020025638.772.71$693
Oct 2020041236.972.48$1,021
Sep 2020029237.091.99$581
Aug 2020027039.982.39$644
Jul 2020038038.371.83$694
Jun 2020030434.901.69$514
May 2020027016.921.81$490
Apr 2020035214.751.80$635
Mar 2020036830.341.86$683
Feb 2020025349.881.98$501
Jan 2020034257.252.09$716
Dec 2019026959.012.30$620
Nov 2019034755.302.75$954
Oct 2019029253.472.42$706
Sep 2019028755.052.66$763
Aug 2019037553.112.30$864
Jul 2019028156.272.46$691
Jun 2019037052.782.49$922
May 2019027758.482.74$759
Apr 2019026762.632.75$734
Mar 2019033656.803.06$1,029
Feb 2019026750.852.79$746
Jan 2019033446.033.23$1,078
Dec 2018027346.594.19$1,143
Nov 2018029052.934.24$1,229
Oct 2018015561.443.40$527
Sep 2018018859.543.11$584
Aug 2018046559.403.07$1,426
Jul 2018179165.142.93$2,384
Jun 2018085860.183.08$2,640
May 2018086065.382.90$2,495
Apr 2018084863.842.90$2,460
Mar 2018091661.222.79$2,553
Feb 2018095661.782.77$2,644
Jan 201801,04462.874.01$4,186
Dec 201701,01957.272.92$2,977
Nov 201701,01255.423.12$3,156
Oct 2017090749.292.98$2,706
Sep 2017048047.523.09$1,482
Aug 201701,15445.373.00$3,467
Jul 2017077743.873.09$2,399
Jun 201701,15842.493.09$3,575
May 201711,12345.373.26$3,710
Apr 2017097347.933.21$3,125
Mar 2017066746.772.98$1,990
Feb 2017073250.452.95$2,161
Jan 201701,06249.413.42$3,631
Dec 2016064448.763.72$2,398
Nov 2016053642.492.64$1,417
Oct 2016061646.193.09$1,904
Sep 2016062241.553.10$1,929
Aug 2016062041.442.92$1,813
Jul 2016064341.622.92$1,880
Jun 2016063445.352.69$1,703
May 2016067642.521.99$1,346
Apr 2016071936.561.99$1,432
Mar 2016058833.011.79$1,055
Feb 2016053726.472.06$1,108
Jan 2016050827.352.36$1,201
Dec 201501,09032.362.00$2,182
Nov 201501,46138.792.17$3,166
Oct 201501,86243.552.43$4,518
Sep 201501,74842.992.76$4,822
Aug 201502,20540.162.87$6,334
Jul 201502,38148.152.95$7,012
Jun 201502,23956.152.88$6,455
May 201502,40155.212.96$7,096
Apr 201502,16449.822.71$5,857
Mar 201502,74542.892.93$8,056
Feb 201502,71344.662.98$8,074
Jan 201502,51043.433.10$7,783
Dec 201402,55654.693.59$9,180
Nov 201403,70470.464.25$15,749
Oct 201405,09278.303.90$19,864
Sep 20140086.164.05$0
Aug 201403,61789.394.04$14,595
Jul 201402,89796.564.18$12,108
Jun 201402,63098.164.74$12,458
May 201401,28894.734.73$6,088
Apr 201401,49595.944.81$7,190
Mar 201401,18995.895.06$6,013
Feb 201401,48097.406.19$9,164
Jan 201401,44790.404.86$7,033
Dec 201301,44791.824.35$6,301
Nov 201301,53488.853.74$5,735
Oct 2013086897.423.78$3,280
Sep 201351,509104.113.72$6,131
Aug 201305,159104.253.52$18,173
Jul 201304,285102.523.72$15,931
Jun 201305,09794.403.93$20,049
May 201302,12694.834.15$8,821
Apr 201301,84893.964.28$7,914
Mar 201301,74593.623.91$6,828
Feb 201301,04991.233.42$3,587
Jan 201301,56891.603.42$5,362
Dec 2012087386.773.42$2,986
Nov 2012072486.953.62$2,624
Oct 2012065489.383.40$2,223
Sep 2012080294.672.92$2,341
Aug 201201,04892.662.91$3,048
Jul 2012072585.133.02$2,190
Jun 201201,21979.822.52$3,071
May 2012053391.612.49$1,326
Apr 20120573101.652.00$1,144
Mar 20120671105.052.22$1,491
Feb 20120841101.102.57$2,162
Jan 2012072698.092.73$1,985
Dec 2011067196.873.24$2,174
Nov 2011076395.723.31$2,527
Oct 2011061184.983.65$2,229
Sep 201101,59983.623.99$6,373
Aug 201104,01583.404.15$16,660
Jul 201101,95494.144.52$8,827
Jun 201102,48892.904.64$11,544
May 201101,76998.134.40$7,792
Apr 201101,815105.964.33$7,865
Mar 2011089296.364.06$3,619
Feb 201101,08485.644.18$4,531
Jan 201102,40586.504.59$11,036
Dec 201003,69185.734.35$16,048
Nov 201003,63980.843.80$13,811
Oct 201002,06378.103.51$7,239
Sep 201004,26772.633.98$16,980
Aug 201003,72673.684.42$16,467
Jul 201002,30672.554.74$10,922
Jun 201003,03170.364.91$14,883
May 201005,61871.124.24$23,793
Apr 201003,93181.694.12$16,206
Mar 201004,50078.394.39$19,749
Feb 201002,79373.585.44$15,201
Jan 201003,89974.365.96$23,254
Dec 200905,29671.445.48$29,042
Nov 200904,77274.593.75$17,902
Oct 200903,68372.544.11$15,138
Sep 200904,56765.543.06$13,997
Aug 200904,96367.423.22$15,973
Jul 200904,84761.133.46$16,792
Jun 200904,68666.163.90$18,252
May 200905,21154.743.93$20,457
Apr 200905,82846.773.59$20,908
Mar 200905,35242.144.06$21,724
Feb 200907,07332.814.63$32,769
Jan 200909,04535.865.37$48,581
Dec 2008021437.105.98$1,279
Nov 2008045755.496.86$3,135
Oct 2008023575.246.92$1,627
Sep 20080297101.767.88$2,340
Aug 20080624114.228.48$5,293
Jul 20080762131.0811.39$8,679
Jun 20080876131.3313.03$11,417
May 200801,375123.1711.57$15,915
Apr 200802,666110.3110.45$27,873
Mar 200805,897101.909.66$56,989
Feb 200801,12492.538.77$9,858
Jan 2008051590.388.21$4,226
Dec 2007053088.337.30$3,870
Nov 2007072191.677.29$5,257
Oct 200703,17382.856.92$21,963
Sep 200704,14175.846.24$25,857
Aug 200702,74869.066.39$17,554
Jul 20070070.906.39$0
Jun 200704,16262.007.55$31,417
May 200706,01158.747.85$47,164
Apr 200705,84359.617.81$45,606
Mar 200705,33156.927.30$38,927
Feb 200705,34855.108.22$43,939
Jan 200705,63850.306.73$37,926
Dec 200605,21156.656.92$36,052
Nov 200604,96554.207.62$37,821
Oct 200605,83054.906.01$35,060
Sep 200605,78260.085.04$29,125
Aug 200604,63268.717.34$33,999
Jul 200605,41469.376.34$34,340
Jun 200606,20866.286.38$39,631
May 200607,20266.016.42$46,273
Apr 200607,00864.397.36$51,582
Mar 200607,66156.707.08$54,262
Feb 200607,24857.597.75$56,180
Jan 200608,76960.598.93$78,336
Dec 200508,85354.9413.42$118,767
Nov 2005011,95654.6910.59$126,595
Oct 2005015,75558.3413.80$217,352
Sep 2005012,59861.4512.08$152,171
Aug 2005012,03061.519.80$117,856
Jul 200509,84055.697.84$77,181
Jun 200509,51452.337.38$70,223
May 200508,52445.226.65$56,694
Apr 2005010,17449.207.36$74,886
Mar 2005011,95450.377.15$85,529
Feb 2005011,14145.226.31$70,321
Jan 2005013,36743.166.32$84,509
Dec 2004014,28739.866.75$96,453
Nov 2004014,65545.286.33$92,772
Oct 2004017,40649.706.52$113,402
Sep 2004019,16043.245.28$101,240
Aug 2004023,66842.375.55$131,373
Jul 200409,68838.286.08$58,944
Jun 2004015,60936.106.43$100,413
May 2004020,62037.486.49$133,918
Apr 2004028,09534.475.86$164,593
Mar 2004047,27634.365.53$261,443
Feb 2004030,97632.455.51$170,666

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                  262 Mcf  × $  3.05 =       $798

────────────────────────────────────────────────────
Month total                                     $798

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/202100 is the state's own key, not one this site invented.