REED, HUGH "A"

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the TEAGUE (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 202650District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.9 M
Jun 2004 – May 2026
Value, last 12 filed months
$121 k
at the published price for each month
Months reported
264
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 1,075 leases and 1,075 wells, and the rule below applies to all of them.

Discovered
2006-06-06
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 2011-10-11.

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: REGULATORY PURPOSES.IT IS ORDERED THAT THE FIELD REMAIN SUSPENDED.

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 Gas112005-07-22164446
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
CondensateDisposition3,592 bbl$226,970
GasProduction1,187,673 Mcf$5,685,863
Total$5,912,834

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 31.7533, -96.1526. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75330, -96.15257 · 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
12,500 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 12,500 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-16132864112,500 ftApr 2009

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 (264)

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

264 months

May 202623,075106.413.05$9,579
Apr 202663,06398.932.87$9,384
Mar 202622,89989.753.15$9,310
Feb 2026049863.503.75$1,868
Jan 202642,57359.138.00$20,815
Dec 202502,77956.664.41$12,265
Nov 202512,74958.593.93$10,852
Oct 202542,91859.383.30$9,881
Sep 202512,80662.743.08$8,697
Aug 202533,00163.933.01$9,239
Jul 202523,03466.743.32$10,192
Jun 202522,83766.483.13$9,009
May 202522,96260.553.23$9,695
Apr 202573,00462.363.54$11,080
Mar 202553,14567.704.27$13,762
Feb 202502,76070.884.34$11,981
Jan 202543,04574.324.28$13,326
Dec 202443,18768.993.12$10,224
Nov 202403,14869.052.20$6,921
Oct 202423,32171.372.28$7,719
Sep 202433,28969.612.36$7,985
Aug 202421,27475.632.06$2,780
Jul 202401,27079.932.15$2,726
Jun 202403,29078.082.63$8,666
May 202403,60278.812.20$7,919
Apr 202413,28584.451.66$5,535
Mar 202403,42980.301.55$5,298
Feb 202403,27376.091.78$5,838
Jan 202483,88473.023.30$13,392
Dec 202302,90771.262.61$7,589
Nov 202303,12477.892.81$8,771
Oct 202303,33885.443.09$10,305
Sep 202303,33989.042.74$9,132
Aug 2023063580.522.67$1,697
Jul 2023015474.852.64$407
Jun 2023020568.962.26$463
May 202302,78770.622.23$6,208
Apr 202302,75678.122.24$6,167
Mar 202303,84472.852.39$9,199
Feb 202303,26275.112.47$8,043
Jan 202303,86876.533.39$13,104
Dec 202203,80776.415.73$21,811
Nov 202202,97985.005.65$16,820
Oct 202203,35187.185.86$19,649
Sep 202203,99284.888.16$32,589
Aug 202203,62094.529.13$33,040
Jul 202203,982101.587.54$30,033
Jun 202203,832115.097.98$30,569
May 20220113109.378.43$953
Apr 202201,089104.226.84$7,446
Mar 202204,412108.885.08$22,397
Feb 2022094891.054.86$4,606
Jan 202203,68181.844.54$16,703
Dec 202104,27571.323.90$16,669
Nov 202101,43377.435.24$7,504
Oct 202102,87279.795.71$16,410
Sep 202102,85269.865.35$15,261
Aug 202102,06166.024.22$8,699
Jul 202104,64870.783.98$18,509
Jun 202104,55769.493.38$15,405
May 202104,82263.483.02$14,551
Apr 202105,96360.362.76$16,448
Mar 2021034461.302.72$935
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 2020024314.751.80$438
Mar 202001,45930.341.86$2,708
Feb 202002,30249.881.98$4,560
Jan 202002,37457.252.09$4,973
Dec 201902,09859.012.30$4,835
Nov 201902,58555.302.75$7,111
Oct 201902,78753.472.42$6,740
Sep 201902,51255.052.66$6,675
Aug 201902,71353.112.30$6,252
Jul 201903,60456.272.46$8,866
Jun 201903,37452.782.49$8,405
May 201903,78458.482.74$10,369
Apr 201903,75562.632.75$10,329
Mar 201904,53556.803.06$13,887
Feb 201904,38250.852.79$12,236
Jan 201905,24846.033.23$16,941
Dec 201805,74146.594.19$24,029
Nov 201806,02352.934.24$25,521
Oct 201807,07161.443.40$24,028
Sep 201801,68359.543.11$5,231
Aug 2018075359.403.07$2,309
Jul 2018028065.142.93$821
Jun 2018040660.183.08$1,249
May 2018015365.382.90$444
Apr 2018026863.842.90$777
Mar 2018031061.222.79$864
Feb 201802,92161.782.77$8,080
Jan 201803,54062.874.01$14,193
Dec 201704,10857.272.92$12,002
Nov 201703,92155.423.12$12,227
Oct 201703,76049.292.98$11,219
Sep 201703,60447.523.09$11,127
Aug 201703,64645.373.00$10,954
Jul 201703,64543.873.09$11,253
Jun 201703,30542.493.09$10,203
May 201703,46245.373.26$11,298
Apr 201703,60047.933.21$11,562
Mar 2017983,31146.772.98$14,462
Feb 201703,27750.452.95$9,676
Jan 201703,67049.413.42$12,547
Dec 201603,89548.763.72$14,500
Nov 201603,36442.492.64$8,896
Oct 201603,61546.193.09$11,171
Sep 201603,45841.553.10$10,722
Aug 201603,80241.442.92$11,118
Jul 201604,27941.622.92$12,513
Jun 201604,59545.352.69$12,341
May 201604,71642.521.99$9,390
Apr 201605,38336.561.99$10,718
Mar 201605,40133.011.79$9,689
Feb 2016037626.472.06$776
Jan 201601,86127.352.36$4,400
Dec 201502,61732.362.00$5,238
Nov 201503,23638.792.17$7,013
Oct 201503,17943.552.43$7,714
Sep 201534,77542.992.76$13,300
Aug 201505,26640.162.87$15,127
Jul 201504,48148.152.95$13,197
Jun 201504,46956.152.88$12,884
May 201505,20955.212.96$15,395
Apr 201505,52949.822.71$14,965
Mar 201505,26242.892.93$15,442
Feb 201504,62244.662.98$13,756
Jan 201505,19443.433.10$16,105
Dec 201405,18254.693.59$18,610
Nov 201405,44870.464.25$23,164
Oct 201406,43478.303.90$25,099
Sep 201406,09286.164.05$24,645
Aug 201406,01189.394.04$24,255
Jul 201406,21896.564.18$25,989
Jun 201406,01798.164.74$28,502
May 201406,25194.734.73$29,546
Apr 201406,28095.944.81$30,201
Mar 20141616,44495.895.06$48,024
Feb 201405,95197.406.19$36,849
Jan 201407,37590.404.86$35,848
Dec 201307,20591.824.35$31,374
Nov 201305,71388.853.74$21,357
Oct 201308,31497.423.78$31,422
Sep 201306,107104.113.72$22,704
Aug 201306,357104.253.52$22,393
Jul 201308,493102.523.72$31,575
Jun 201309,66094.403.93$37,997
May 201303,85694.834.15$15,999
Apr 201306693.964.28$283
Mar 2013020593.623.91$802
Feb 2013025891.233.42$882
Jan 2013025991.603.42$886
Dec 2012049186.773.42$1,679
Nov 2012074186.953.62$2,686
Oct 201202,84589.383.40$9,672
Sep 201202,53494.672.92$7,395
Aug 20121425,20092.662.91$28,280
Jul 201204,21285.133.02$12,724
Jun 201207,32679.822.52$18,454
May 201206,44291.612.49$16,030
Apr 201202,277101.652.00$4,547
Mar 201201,895105.052.22$4,211
Feb 201202,803101.102.57$7,204
Jan 201204,34698.092.73$11,882
Dec 201104,29696.873.24$13,918
Nov 201105,76995.723.31$19,103
Oct 201105,26684.983.65$19,213
Sep 201116,01383.623.99$24,050
Aug 201105,73783.404.15$23,805
Jul 201104,89094.144.52$22,089
Jun 20111094,44592.904.64$30,750
May 201105,83898.134.40$25,715
Apr 201107,364105.964.33$31,910
Mar 201108,72796.364.06$35,408
Feb 201105,15885.644.18$21,560
Jan 201106,96086.504.59$31,938
Dec 201007,72385.734.35$33,578
Nov 201028,73480.843.80$33,310
Oct 201004,73778.103.51$16,622
Sep 201014,99972.633.98$19,966
Aug 2010188,51173.684.42$38,939
Jul 201029,62672.554.74$45,739
Jun 2010410,39270.364.91$51,310
May 2010011,91471.124.24$50,458
Apr 201007,38481.694.12$30,442
Mar 201013911,19778.394.39$60,036
Feb 201019,00773.585.44$49,093
Jan 2010011,49374.365.96$68,545
Dec 2009010,45071.445.48$57,305
Nov 2009012,68174.593.75$47,573
Oct 2009013,88572.544.11$57,071
Sep 2009014,80965.543.06$45,386
Aug 2009019,46067.423.22$62,632
Jul 20091220,38161.133.46$71,344
Jun 200906,68966.163.90$26,054
May 2009015,72854.743.93$61,744
Apr 2009589,97846.773.59$38,509
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 200801,76855.496.86$12,129
Oct 200802,91875.246.92$20,198
Sep 200803,446101.767.88$27,144
Aug 200804,113114.228.48$34,891
Jul 200803,647131.0811.39$41,537
Jun 200814,698131.3313.03$61,359
May 200805,036123.1711.57$58,288
Apr 200802,171110.3110.45$22,698
Mar 20081622,350101.909.66$39,218
Feb 200802,62892.538.77$23,049
Jan 200803,80790.388.21$31,239
Dec 200702,95488.337.30$21,570
Nov 200703,49791.677.29$25,499
Oct 200703,55782.856.92$24,621
Sep 200703,83875.846.24$23,965
Aug 20071493,02869.066.39$29,633
Jul 200704,16070.906.39$26,574
Jun 20071694,22962.007.55$42,400
May 200704,18358.747.85$32,821
Apr 200703,95659.617.81$30,877
Mar 200703,91156.927.30$28,558
Feb 20071604,22055.108.22$43,488
Jan 200704,10050.306.73$27,580
Dec 200604,44056.656.92$30,718
Nov 20061463,52754.207.62$34,780
Oct 200604,76754.906.01$28,668
Sep 20061565,16860.085.04$35,405
Aug 200606,16368.717.34$45,236
Jul 200606,12869.376.34$38,868
Jun 20061594,83966.286.38$41,430
May 20061595,92566.016.42$48,564
Apr 200606,37464.397.36$46,916
Mar 20061776,22256.707.08$54,106
Feb 200606,07557.597.75$47,088
Jan 200607,92660.598.93$70,805
Dec 20051768,03354.9413.42$117,435
Nov 200504,26054.6910.59$45,107
Oct 20051668,22558.3413.80$123,155
Sep 200508,23861.4512.08$99,507
Aug 200514410,10761.519.80$107,874
Jul 200509,44355.697.84$74,067
Jun 200516813,09952.337.38$105,476
May 200505,10045.226.65$33,921
Apr 20051723,40749.207.36$33,540
Mar 200508,49750.377.15$60,795
Feb 200505,79945.226.31$36,603
Jan 200506,83943.166.32$43,238
Dec 200406,95539.866.75$46,954
Nov 200407,45345.286.33$47,181
Oct 20041838,63449.706.52$65,346
Sep 200409,04743.245.28$47,803
Aug 200415711,07042.375.55$68,098
Jul 200416915,72038.286.08$102,113
Jun 2004314,38036.106.43$92,615

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             2 bbl  × $106.41 =       $213
Gas                3,075 Mcf  × $  3.05 =     $9,366

────────────────────────────────────────────────────
Month total                                   $9,579

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/202650 is the state's own key, not one this site invented.