REED "C"

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) in the DOWDY RANCH (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 202863District 05Field 259783002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.2 M
Nov 2003 – May 2026
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
271
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 262 leases and 262 wells, and the rule below applies to all of them.

Discovered
1999-07-29
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 2010-06-22.

The Commission's schedule remark for this field reads: QUIRED.

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 Gas112004-09-29159112
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
CondensateDisposition171 bbl$11,839
GasProduction1,237,677 Mcf$7,220,461
Total$7,232,300

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 31.5875, -95.9737. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.58754, -95.97375 · 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
16,940 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 16,940 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-16132746116,940 ftJan 2008

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 (271)

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

271 months

May 20260496106.413.05$1,511
Apr 2026052298.932.87$1,498
Mar 2026059089.753.15$1,858
Feb 2026056163.503.75$2,104
Jan 2026070859.138.00$5,663
Dec 2025068956.664.41$3,041
Nov 2025070058.593.93$2,749
Oct 2025073359.383.30$2,422
Sep 2025084162.743.08$2,588
Aug 202501,11463.933.01$3,358
Jul 202501,02266.743.32$3,388
Jun 202504566.483.13$141
May 2025057660.553.23$1,862
Apr 2025065662.363.54$2,324
Mar 2025076667.704.27$3,270
Feb 2025073670.884.34$3,195
Jan 2025075774.324.28$3,239
Dec 2024085968.993.12$2,681
Nov 2024086869.052.20$1,908
Oct 2024083071.372.28$1,894
Sep 202401,27369.612.36$3,010
Aug 202401,23175.632.06$2,540
Jul 2024075879.932.15$1,627
Jun 2024078378.082.63$2,062
May 2024091078.812.20$2,001
Apr 2024075284.451.66$1,248
Mar 2024081380.301.55$1,256
Feb 2024082176.091.78$1,464
Jan 2024098073.023.30$3,232
Dec 2023093471.262.61$2,438
Nov 2023093677.892.81$2,628
Oct 202301,13985.443.09$3,516
Sep 202302,58189.042.74$7,059
Aug 202301,99480.522.67$5,330
Jul 202301,22374.852.64$3,231
Jun 202301,41368.962.26$3,191
May 202301,90570.622.23$4,243
Apr 202301,96278.122.24$4,390
Mar 202302,89772.852.39$6,933
Feb 202302,57275.112.47$6,342
Jan 202303,23376.533.39$10,953
Dec 202203,98576.415.73$22,830
Nov 202205,38185.005.65$30,382
Oct 202202,84187.185.86$16,659
Sep 2022059384.888.16$4,841
Aug 2022061994.529.13$5,650
Jul 20220641101.587.54$4,834
Jun 20220645115.097.98$5,145
May 20220684109.378.43$5,768
Apr 20220735104.226.84$5,026
Mar 20220628108.885.08$3,188
Feb 2022039491.054.86$1,914
Jan 2022052481.844.54$2,378
Dec 2021045571.323.90$1,774
Nov 2021038377.435.24$2,006
Oct 2021032379.795.71$1,846
Sep 2021018869.865.35$1,006
Aug 202109766.024.22$409
Jul 202106370.783.98$251
Jun 2021013769.493.38$463
May 2021014463.483.02$435
Apr 2021015860.362.76$436
Mar 2021019161.302.72$519
Feb 2021013457.805.55$743
Jan 2021020550.412.81$576
Dec 2020015144.642.68$404
Nov 2020015638.772.71$422
Oct 2020021036.972.48$520
Sep 2020023937.091.99$476
Aug 2020013139.982.39$312
Jul 2020017138.371.83$312
Jun 2020022034.901.69$372
May 2020011816.921.81$214
Apr 202003814.751.80$69
Mar 202005630.341.86$104
Feb 202003849.881.98$75
Jan 202004457.252.09$92
Dec 201904359.012.30$99
Nov 2019011255.302.75$308
Oct 2019024153.472.42$583
Sep 2019021855.052.66$579
Aug 2019029453.112.30$677
Jul 2019028756.272.46$706
Jun 2019030752.782.49$765
May 2019036758.482.74$1,006
Apr 20190062.632.75$0
Mar 2019011956.803.06$364
Feb 20190050.852.79$0
Jan 201907346.033.23$236
Dec 2018022446.594.19$938
Nov 2018044652.934.24$1,890
Oct 2018094961.443.40$3,225
Sep 201802,68959.543.11$8,357
Aug 2018091959.403.07$2,818
Jul 201801,12765.142.93$3,304
Jun 2018089260.183.08$2,745
May 201801,01665.382.90$2,947
Apr 201801,12663.842.90$3,266
Mar 201801,46261.222.79$4,074
Feb 201801,26661.782.77$3,502
Jan 201801,29862.874.01$5,204
Dec 2017092257.272.92$2,694
Nov 201701,06555.423.12$3,321
Oct 201701,11249.292.98$3,318
Sep 201701,19247.523.09$3,680
Aug 201701,30445.373.00$3,918
Jul 201711,51043.873.09$4,706
Jun 201701,47242.493.09$4,544
May 201701,40245.373.26$4,575
Apr 201701,27147.933.21$4,082
Mar 201701,57946.772.98$4,711
Feb 201701,59750.452.95$4,715
Jan 201702,30349.413.42$7,874
Dec 201601,08248.763.72$4,028
Nov 2016069842.492.64$1,846
Oct 2016081546.193.09$2,519
Sep 2016093941.553.10$2,911
Aug 201601,63241.442.92$4,773
Jul 201602,20841.622.92$6,457
Jun 201602,20545.352.69$5,922
May 201602,63242.521.99$5,240
Apr 201601,70036.561.99$3,385
Mar 201601033.011.79$18
Feb 201601426.472.06$29
Jan 201602227.352.36$52
Dec 201501,79532.362.00$3,593
Nov 201502,16538.792.17$4,692
Oct 201502,33543.552.43$5,666
Sep 201502,42642.992.76$6,692
Aug 2015272,43940.162.87$8,090
Jul 201502,62448.152.95$7,728
Jun 201502,49356.152.88$7,187
May 201502,70455.212.96$7,992
Apr 201502,58349.822.71$6,991
Mar 201502,55042.892.93$7,484
Feb 201502,53144.662.98$7,533
Jan 201503,07143.433.10$9,522
Dec 201403,77154.693.59$13,543
Nov 201402,89570.464.25$12,309
Oct 201402,84878.303.90$11,110
Sep 201402,74886.164.05$11,117
Aug 201402,94089.394.04$11,863
Jul 201403,02196.564.18$12,627
Jun 201402,98398.164.74$14,130
May 201403,29094.734.73$15,550
Apr 201403,40395.944.81$16,365
Mar 201403,72995.895.06$18,857
Feb 201403,39297.406.19$21,003
Jan 201403,36090.404.86$16,332
Dec 201303,30591.824.35$14,392
Nov 201303,30188.853.74$12,340
Oct 201303,71997.423.78$14,055
Sep 201303,693104.113.72$13,730
Aug 201303,880104.253.52$13,668
Jul 201303,756102.523.72$13,964
Jun 201303,73094.403.93$14,672
May 201303,79294.834.15$15,733
Apr 201303,71493.964.28$15,906
Mar 201304,02993.623.91$15,765
Feb 201303,69891.233.42$12,647
Jan 201304,07191.603.42$13,922
Dec 201204,06186.773.42$13,889
Nov 201204,00086.953.62$14,500
Oct 201204,13889.383.40$14,068
Sep 201203,98394.672.92$11,624
Aug 201204,16392.662.91$12,107
Jul 201204,13185.133.02$12,479
Jun 201204,08579.822.52$10,290
May 201204,22591.612.49$10,513
Apr 201204,127101.652.00$8,241
Mar 201204,357105.052.22$9,682
Feb 201204,145101.102.57$10,654
Jan 201204,50698.092.73$12,320
Dec 201104,55196.873.24$14,744
Nov 201104,35695.723.31$14,424
Oct 201104,70884.983.65$17,177
Sep 201104,52883.623.99$18,048
Aug 201104,51483.404.15$18,730
Jul 201104,68194.144.52$21,145
Jun 201104,59092.904.64$21,297
May 201104,78898.134.40$21,090
Apr 201104,876105.964.33$21,129
Mar 201104,87996.364.06$19,796
Feb 201104,59485.644.18$19,203
Jan 201105,01186.504.59$22,994
Dec 201005,17785.734.35$22,508
Nov 201004,89680.843.80$18,582
Oct 201005,08878.103.51$17,853
Sep 201004,98872.633.98$19,850
Aug 201005,23073.684.42$23,113
Jul 201005,32472.554.74$25,217
Jun 201005,30470.364.91$26,045
May 201005,59871.124.24$23,709
Apr 201005,57481.694.12$22,980
Mar 201005,41478.394.39$23,760
Feb 201005,32473.585.44$28,975
Jan 201006,02774.365.96$35,946
Dec 200906,09371.445.48$33,412
Nov 200906,09474.593.75$22,862
Oct 200906,30872.544.11$25,927
Sep 200906,33865.543.06$19,424
Aug 200906,69967.423.22$21,561
Jul 200906,87061.133.46$23,801
Jun 200906,71966.163.90$26,171
May 200907,10454.743.93$27,889
Apr 200917,05046.773.59$25,339
Mar 200907,50442.144.06$30,459
Feb 200917,05332.814.63$32,709
Jan 200918,00435.865.37$43,025
Dec 200808,18437.105.98$48,917
Nov 200818,22855.496.86$56,503
Oct 200828,70075.246.92$60,372
Sep 200828,669101.767.88$68,490
Aug 200859,178114.228.48$78,428
Jul 200849,550131.0811.39$109,293
Jun 200839,654131.3313.03$126,211
May 2008410,303123.1711.57$119,743
Apr 2008010,531110.3110.45$110,100
Mar 2008011,335101.909.66$109,542
Feb 2008010,60992.538.77$93,047
Jan 2008810,16790.388.21$84,151
Dec 2007441,53188.337.30$15,066
Nov 200705,06091.677.29$36,896
Oct 200716,30382.856.92$43,712
Sep 200746,16775.846.24$38,811
Aug 200716,49869.066.39$41,578
Jul 200716,59370.906.39$42,187
Jun 200735,99862.007.55$45,462
May 200706,26458.747.85$49,149
Apr 200706,13559.617.81$47,885
Mar 200715,65356.927.30$41,335
Feb 200726,08255.108.22$50,080
Jan 200716,87650.306.73$46,304
Dec 200636,96856.656.92$48,378
Nov 200616,20954.207.62$47,351
Oct 200607,12154.906.01$42,824
Sep 200617,07160.085.04$35,678
Aug 200627,46368.717.34$54,915
Jul 200627,55469.376.34$48,052
Jun 200627,03366.286.38$45,030
May 200637,77266.016.42$50,133
Apr 200627,67964.397.36$56,650
Mar 200618,02556.707.08$56,897
Feb 200627,71957.597.75$59,946
Jan 200618,72960.598.93$78,040
Dec 200538,52354.9413.42$114,504
Nov 200538,48854.6910.59$90,038
Oct 200509,02158.3413.80$124,452
Sep 200537,52461.4512.08$91,067
Aug 200527,22461.519.80$70,895
Jul 2005110,02455.697.84$78,680
Jun 2005110,16852.337.38$75,103
May 2005110,97045.226.65$73,008
Apr 2005011,25849.207.36$82,864
Mar 2005012,26650.377.15$87,762
Feb 2005011,71145.226.31$73,919
Jan 2005013,80143.166.32$87,253
Dec 2004012,88239.866.75$86,967
Nov 2004012,43045.286.33$78,687
Oct 2004013,77049.706.52$89,713
Sep 2004012,15743.245.28$64,236
Aug 2004017,25442.375.55$95,771
Jul 2004019,75938.286.08$120,217
Jun 2004020,67036.106.43$132,971
May 2004025,24637.486.49$163,962
Apr 2004028,58434.475.86$167,458
Mar 2004535,78834.365.53$198,084
Feb 2004635,63132.455.51$196,508
Jan 2004856,62532.036.30$356,973
Dec 2003053,99730.266.30$340,270
Nov 2003020,67428.804.60$95,000

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                  496 Mcf  × $  3.05 =     $1,511

────────────────────────────────────────────────────
Month total                                   $1,511

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/202863 is the state's own key, not one this site invented.