REED "E" GAS UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BEAR GRASS (COTTON VALLEY CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 202956District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$27.8 M
Apr 2004 – May 2026
Value, last 12 filed months
$68 k
at the published price for each month
Months reported
266
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 385 leases and 385 wells, and the rule below applies to all of them.

Discovered
2004-02-24
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 2010-12-14.

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: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112007-02-06171105
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
CondensateDisposition632 bbl$37,723
GasProduction4,762,936 Mcf$27,736,900
Total$27,774,622

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 31.4374, -96.2280. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43740, -96.22804 · 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
14,010 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 14,010 ft.

Completions filed
Dec 2008
1 of 1 wells

1 well

42-16132639614,010 ftDec 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 (266)

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

266 months

May 202601,399106.413.05$4,261
Apr 202601,32198.932.87$3,791
Mar 202601,36089.753.15$4,283
Feb 202601,40663.503.75$5,273
Jan 202601,58159.138.00$12,645
Dec 202501,58456.664.41$6,991
Nov 202501,53258.593.93$6,015
Oct 202501,69659.383.30$5,605
Sep 202501,37262.743.08$4,222
Aug 202501,49763.933.01$4,513
Jul 202501,59666.743.32$5,291
Jun 202501,52366.483.13$4,765
May 202501,56160.553.23$5,046
Apr 202501,36962.363.54$4,851
Mar 202501,25267.704.27$5,344
Feb 202501,37470.884.34$5,964
Jan 202501,46574.324.28$6,268
Dec 202401,50868.993.12$4,707
Nov 202401,54169.052.20$3,388
Oct 202401,75071.372.28$3,992
Sep 202401,24669.612.36$2,946
Aug 202401,61675.632.06$3,335
Jul 202401,76279.932.15$3,782
Jun 202401,30878.082.63$3,445
May 202401,55878.812.20$3,425
Apr 202401,46584.451.66$2,431
Mar 202401,52780.301.55$2,359
Feb 202401,45976.091.78$2,602
Jan 202401,50573.023.30$4,963
Dec 202301,73571.262.61$4,530
Nov 202301,27377.892.81$3,574
Oct 202301,63885.443.09$5,057
Sep 202301,58689.042.74$4,338
Aug 202301,56980.522.67$4,194
Jul 202301,54974.852.64$4,092
Jun 202301,54568.962.26$3,489
May 202301,61170.622.23$3,588
Apr 202301,56778.122.24$3,507
Mar 202301,51872.852.39$3,633
Feb 202301,51375.112.47$3,731
Jan 202301,69576.533.39$5,742
Dec 202201,66276.415.73$9,522
Nov 202201,78985.005.65$10,101
Oct 202201,55987.185.86$9,142
Sep 202201,36984.888.16$11,176
Aug 202201,98494.529.13$18,108
Jul 202201,698101.587.54$12,806
Jun 202201,593115.097.98$12,708
May 202201,658109.378.43$13,982
Apr 202201,669104.226.84$11,412
Mar 202201,584108.885.08$8,041
Feb 202201,41491.054.86$6,870
Jan 202201,62681.844.54$7,378
Dec 202101,63771.323.90$6,383
Nov 202101,56677.435.24$8,201
Oct 202101,75279.795.71$10,011
Sep 202101,71869.865.35$9,193
Aug 202101,80766.024.22$7,627
Jul 202101,80670.783.98$7,192
Jun 202101,81669.493.38$6,139
May 202101,82663.483.02$5,510
Apr 202101,80760.362.76$4,984
Mar 202101,90761.302.72$5,181
Feb 202101,44257.805.55$8,000
Jan 202102,00250.412.81$5,626
Dec 202001,89444.642.68$5,067
Nov 202001,91538.772.71$5,183
Oct 202001,92036.972.48$4,759
Sep 202001,95037.091.99$3,883
Aug 202001,64539.982.39$3,923
Jul 202002,28538.371.83$4,170
Jun 202003,59334.901.69$6,073
May 202006,27416.921.81$11,386
Apr 202006,48014.751.80$11,692
Mar 202007,45030.341.86$13,829
Feb 202004,99049.881.98$9,884
Jan 202002,26257.252.09$4,738
Dec 201902,35959.012.30$5,436
Nov 201902,57055.302.75$7,069
Oct 201902,81353.472.42$6,803
Sep 201901,69255.052.66$4,496
Aug 201906,35153.112.30$14,635
Jul 201903,54956.272.46$8,731
Jun 201905,38952.782.49$13,425
May 201905,46558.482.74$14,976
Apr 201905,15362.632.75$14,174
Mar 201907,85356.803.06$24,047
Feb 201905,27450.852.79$14,726
Jan 201907,99346.033.23$25,803
Dec 201808,31746.594.19$34,810
Nov 201802,51252.934.24$10,644
Oct 201805,51461.443.40$18,737
Sep 201806,27159.543.11$19,490
Aug 201807,35559.403.07$22,555
Jul 201806,94965.142.93$20,374
Jun 201801,65160.183.08$5,080
May 201802,79765.382.90$8,114
Apr 201805,63063.842.90$16,332
Mar 201805,34061.222.79$14,882
Feb 201805,64761.782.77$15,620
Jan 201807,63762.874.01$30,619
Dec 201707,73157.272.92$22,586
Nov 201705,60355.423.12$17,472
Oct 201707,21449.292.98$21,524
Sep 201707,19547.523.09$22,213
Aug 201708,78845.373.00$26,403
Jul 201709,12243.873.09$28,162
Jun 201706,10842.493.09$18,857
May 201708,81145.373.26$28,754
Apr 201707,04547.933.21$22,626
Mar 2017010,06546.772.98$30,031
Feb 201708,77250.452.95$25,900
Jan 2017010,34849.413.42$35,378
Dec 2016011,24648.763.72$41,867
Nov 2016012,72842.492.64$33,657
Oct 2016015,05946.193.09$46,536
Sep 201603,54141.553.10$10,979
Aug 2016010,69341.442.92$31,270
Jul 2016014,75441.622.92$43,146
Jun 2016015,82945.352.69$42,514
May 2016016,44542.521.99$32,743
Apr 2016022,18236.561.99$44,165
Mar 201605,34733.011.79$9,593
Feb 201603,62826.472.06$7,487
Jan 201604,52527.352.36$10,699
Dec 201504,71832.362.00$9,443
Nov 201504,65238.792.17$10,082
Oct 201504,45843.552.43$10,818
Sep 201505,12642.992.76$14,140
Aug 201505,88440.162.87$16,902
Jul 201505,89848.152.95$17,370
Jun 201506,48656.152.88$18,698
May 201509,56355.212.96$28,263
Apr 2015010,02249.822.71$27,125
Mar 201504,34142.892.93$12,740
Feb 201501,00144.662.98$2,979
Jan 2015098643.433.10$3,057
Dec 201404,68854.693.59$16,836
Nov 201405,63570.464.25$23,959
Oct 201405,60078.303.90$21,845
Sep 201407,06286.164.05$28,569
Aug 201409,49289.394.04$38,301
Jul 201408,74396.564.18$36,542
Jun 201409,58798.164.74$45,412
May 201408,56494.734.73$40,478
Apr 201406,85295.944.81$32,952
Mar 201402,30195.895.06$11,636
Feb 201403,84397.406.19$23,796
Jan 201404,15890.404.86$20,211
Dec 201305,17791.824.35$22,543
Nov 201305,71488.853.74$21,361
Oct 201305,72197.423.78$21,622
Sep 201308,082104.113.72$30,047
Aug 201307,255104.253.52$25,557
Jul 201306,430102.523.72$23,905
Jun 201306,71294.403.93$26,401
May 201306,84394.834.15$28,392
Apr 201308,08093.964.28$34,603
Mar 201306,36093.623.91$24,886
Feb 201307,96491.233.42$27,236
Jan 2013012,01591.603.42$41,090
Dec 2012011,26086.773.42$38,511
Nov 2012015,33686.953.62$55,592
Oct 2012016,28689.383.40$55,367
Sep 2012016,06094.672.92$46,870
Aug 2012017,14892.662.91$49,869
Jul 2012017,53785.133.02$52,976
Jun 2012017,68579.822.52$44,549
May 2012018,21691.612.49$45,327
Apr 2012018,845101.652.00$37,630
Mar 2012019,329105.052.22$42,951
Feb 2012018,688101.102.57$48,033
Jan 2012020,50298.092.73$56,054
Dec 2011019,18496.873.24$62,151
Nov 2011019,50895.723.31$64,596
Oct 2011021,33384.983.65$77,834
Sep 2011021,42983.623.99$85,412
Aug 2011022,39183.404.15$92,907
Jul 2011012,06994.144.52$54,519
Jun 2011023,14092.904.64$107,367
May 2011025,40098.134.40$111,882
Apr 2011026,832105.964.33$116,271
Mar 2011028,88696.364.06$117,200
Feb 201104,12385.644.18$17,234
Jan 201107,94886.504.59$36,472
Dec 2010011,00185.734.35$47,830
Nov 2010023,90480.843.80$90,724
Oct 2010025,98478.103.51$91,175
Sep 2010026,10672.633.98$103,888
Aug 2010027,86273.684.42$123,132
Jul 2010029,88372.554.74$141,541
Jun 2010031,01170.364.91$152,276
May 2010034,47771.124.24$146,018
Apr 2010027,35981.694.12$112,793
Mar 201005,31678.394.39$23,330
Feb 2010313,34173.585.44$72,827
Jan 2010113,65074.365.96$81,484
Dec 2009016,14271.445.48$88,519
Nov 2009017,22174.593.75$64,605
Oct 2009018,96172.544.11$77,934
Sep 2009020,11365.543.06$61,641
Aug 2009022,59367.423.22$72,716
Jul 2009124,59761.133.46$85,277
Jun 2009126,35566.163.90$102,719
May 2009030,61454.743.93$120,183
Apr 2009734,28546.773.59$123,325
Mar 20091142,68642.144.06$173,726
Feb 2009637,08832.814.63$172,026
Jan 20091856,41735.865.37$303,661
Dec 2008016,85537.105.98$100,745
Nov 200805,62155.496.86$38,562
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200811,304114.228.48$11,176
Jul 20087958131.0811.39$11,829
Jun 2008420,546131.3313.03$268,294
May 20081219,256123.1711.57$224,353
Apr 20081027,380110.3110.45$287,357
Mar 2008942,951101.909.66$415,999
Feb 20081112,57692.538.77$111,317
Jan 200864,13590.388.21$34,473
Dec 2007512,02688.337.30$88,255
Nov 2007156,72191.677.29$50,383
Oct 20071318,85182.856.92$131,563
Sep 2007919,02675.846.24$119,484
Aug 2007819,58869.066.39$125,679
Jul 2007520,85570.906.39$133,575
Jun 2007222,06162.007.55$166,650
May 2007022,79258.747.85$178,832
Apr 2007226,29959.617.81$205,388
Mar 2007128,01156.927.30$204,592
Feb 2007126,76155.108.22$219,923
Jan 2007631,02150.306.73$208,975
Dec 2006232,24956.656.92$223,226
Nov 2006538,29354.207.62$291,967
Oct 20061249,96854.906.01$301,156
Sep 20061241,45660.085.04$209,543
Aug 2006856,11468.717.34$412,422
Jul 20061426,52269.376.34$169,194
Jun 2006928,56066.286.38$182,920
May 20062217,44966.016.42$113,562
Apr 20062629,74064.397.36$220,575
Mar 20061533,55556.707.08$238,518
Feb 20062029,40257.597.75$229,050
Jan 20062440,52660.598.93$363,486
Dec 20052843,62554.9413.42$586,785
Nov 20053149,70854.6910.59$528,024
Oct 2005643,69258.3413.80$603,114
Sep 2005960,32961.4512.08$729,267
Aug 20051034,69161.519.80$340,477
Jul 2005748,57555.697.84$381,395
Jun 20051466,98752.337.38$495,166
May 20051382,29345.226.65$547,932
Apr 20051559,02649.207.36$435,198
Mar 2005085,72450.377.15$613,345
Feb 20052287,51845.226.31$553,401
Jan 200513109,67643.166.32$693,955
Dec 200417125,99739.866.75$851,293
Nov 20044146,97145.286.33$930,569
Oct 20041161,50149.706.52$1,052,245
Sep 200419176,68943.245.28$934,429
Aug 200413188,89042.375.55$1,049,015
Jul 200417153,63938.286.08$935,418
Jun 200421182,83136.106.43$1,176,914
May 200412183,88037.486.49$1,194,673
Apr 20041659,01134.475.86$346,265

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                1,399 Mcf  × $  3.05 =     $4,261

────────────────────────────────────────────────────
Month total                                   $4,261

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/202956 is the state's own key, not one this site invented.