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 205075District 05Field 259783002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.8 M
May 2004 – May 2026
Value, last 12 filed months
$142 k
at the published price for each month
Months reported
265
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 Gas112006-07-26169032
NGPA2none

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
CondensateDisposition147 bbl$8,678
GasProduction1,869,726 Mcf$10,792,731
Total$10,801,410

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 31.5904, -95.9784. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.59044, -95.97838 · 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
16,888 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 16,888 ft.

Completions filed
May 2004
1 of 1 wells

1 well

42-16132883216,888 ftMay 2004

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 (265)

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

265 months

May 202602,719106.413.05$8,282
Apr 202602,79198.932.87$8,009
Mar 202603,02589.753.15$9,527
Feb 202602,70663.503.75$10,148
Jan 202603,74059.138.00$29,912
Dec 202503,92556.664.41$17,322
Nov 202503,78258.593.93$14,850
Oct 202503,97359.383.30$13,130
Sep 202504,09762.743.08$12,606
Aug 202504,65763.933.01$14,040
Jul 2025040766.743.32$1,349
Jun 2025077366.483.13$2,419
May 2025059160.553.23$1,910
Apr 2025069162.363.54$2,448
Mar 2025085767.704.27$3,658
Feb 2025042270.884.34$1,832
Jan 2025059674.324.28$2,550
Dec 2024083068.993.12$2,591
Nov 2024063769.052.20$1,400
Oct 2024045471.372.28$1,036
Sep 2024059869.612.36$1,414
Aug 2024092675.632.06$1,911
Jul 2024070479.932.15$1,511
Jun 2024043878.082.63$1,154
May 2024047878.812.20$1,051
Apr 2024054184.451.66$898
Mar 2024074280.301.55$1,146
Feb 2024088576.091.78$1,579
Jan 2024049973.023.30$1,646
Dec 2023054871.262.61$1,431
Nov 2023064477.892.81$1,808
Oct 2023079885.443.09$2,464
Sep 2023099789.042.74$2,727
Aug 2023061180.522.67$1,633
Jul 2023084674.852.64$2,235
Jun 2023077668.962.26$1,753
May 2023051670.622.23$1,149
Apr 2023060878.122.24$1,361
Mar 2023077672.852.39$1,857
Feb 202301,00275.112.47$2,471
Jan 2023061076.533.39$2,067
Dec 2022070176.415.73$4,016
Nov 2022087885.005.65$4,957
Oct 2022085287.185.86$4,996
Sep 2022080684.888.16$6,580
Aug 2022093894.529.13$8,561
Jul 202201,146101.587.54$8,643
Jun 202201,626115.097.98$12,971
May 20220210109.378.43$1,771
Apr 20220224104.226.84$1,532
Mar 20220254108.885.08$1,289
Feb 2022024091.054.86$1,166
Jan 2022028181.844.54$1,275
Dec 2021030871.323.90$1,201
Nov 2021031177.435.24$1,629
Oct 2021034079.795.71$1,943
Sep 2021036769.865.35$1,964
Aug 2021040466.024.22$1,705
Jul 2021045470.783.98$1,808
Jun 2021049869.493.38$1,684
May 2021060263.483.02$1,817
Apr 2021054160.362.76$1,492
Mar 2021059561.302.72$1,617
Feb 2021061357.805.55$3,401
Jan 2021063350.412.81$1,779
Dec 2020059244.642.68$1,584
Nov 2020076738.772.71$2,076
Oct 2020061636.972.48$1,527
Sep 2020073737.091.99$1,467
Aug 2020073339.982.39$1,748
Jul 2020069138.371.83$1,261
Jun 2020071934.901.69$1,215
May 2020071916.921.81$1,305
Apr 2020070314.751.80$1,268
Mar 2020071530.341.86$1,327
Feb 2020061749.881.98$1,222
Jan 2020067957.252.09$1,422
Dec 2019062859.012.30$1,447
Nov 2019059355.302.75$1,631
Oct 2019070153.472.42$1,695
Sep 2019088055.052.66$2,338
Aug 2019046553.112.30$1,072
Jul 2019075756.272.46$1,862
Jun 2019077552.782.49$1,931
May 2019070558.482.74$1,932
Apr 2019077262.632.75$2,124
Mar 2019077256.803.06$2,364
Feb 2019072450.852.79$2,022
Jan 2019094146.033.23$3,038
Dec 201801,04346.594.19$4,365
Nov 201801,07052.934.24$4,534
Oct 201801,06961.443.40$3,633
Sep 201801,14159.543.11$3,546
Aug 201801,73259.403.07$5,311
Jul 201801,59365.142.93$4,670
Jun 2018054660.183.08$1,680
May 201801,80365.382.90$5,230
Apr 201802,79163.842.90$8,096
Mar 201802,86961.222.79$7,995
Feb 201802,07861.782.77$5,748
Jan 201802,33962.874.01$9,378
Dec 201703,28357.272.92$9,591
Nov 2017037755.423.12$1,176
Oct 201703,08249.292.98$9,196
Sep 201703,07747.523.09$9,500
Aug 201704,83345.373.00$14,520
Jul 201712,69143.873.09$8,352
Jun 201704,39542.493.09$13,569
May 201704,38745.373.26$14,317
Apr 201704,29547.933.21$13,794
Mar 201704,61646.772.98$13,773
Feb 201713,98950.452.95$11,828
Jan 201704,87149.413.42$16,653
Dec 201624,53548.763.72$16,981
Nov 201634,53542.492.64$12,120
Oct 201604,92146.193.09$15,207
Sep 201604,83241.553.10$14,982
Aug 201604,95641.442.92$14,493
Jul 201604,98241.622.92$14,569
Jun 201604,90245.352.69$13,166
May 201605,14442.521.99$10,242
Apr 201604,83636.561.99$9,629
Mar 201605,21433.011.79$9,354
Feb 201604,74926.472.06$9,800
Jan 201605,24927.352.36$12,411
Dec 201504,77332.362.00$9,553
Nov 201505,16338.792.17$11,190
Oct 201505,38243.552.43$13,060
Sep 201505,27642.992.76$14,553
Aug 2015235,49040.162.87$16,694
Jul 201505,48948.152.95$16,166
Jun 201505,39756.152.88$15,559
May 201505,57355.212.96$16,471
Apr 201505,43949.822.71$14,721
Mar 201505,67142.892.93$16,643
Feb 201505,16444.662.98$15,369
Jan 201505,82243.433.10$18,052
Dec 201405,74654.693.59$20,636
Nov 201405,45470.464.25$23,190
Oct 201405,56578.303.90$21,709
Sep 201405,51386.164.05$22,303
Aug 201405,70289.394.04$23,008
Jul 201405,96496.564.18$24,927
Jun 201405,88398.164.74$27,867
May 201405,91694.734.73$27,962
Apr 201405,94895.944.81$28,605
Mar 201406,24795.895.06$31,590
Feb 201405,67297.406.19$35,121
Jan 201406,28590.404.86$30,550
Dec 201306,37091.824.35$27,738
Nov 201306,21488.853.74$23,230
Oct 201306,49197.423.78$24,532
Sep 201306,300104.113.72$23,422
Aug 201306,576104.253.52$23,165
Jul 201306,657102.523.72$24,749
Jun 201306,55594.403.93$25,784
May 201306,86094.834.15$28,463
Apr 201306,67393.964.28$28,578
Mar 201306,98193.623.91$27,316
Feb 201306,38491.233.42$21,833
Jan 201307,11991.603.42$24,346
Dec 201207,24286.773.42$24,769
Nov 201207,26186.953.62$26,321
Oct 201207,52089.383.40$25,566
Sep 201207,30694.672.92$21,322
Aug 201207,52792.662.91$21,890
Jul 201207,64685.133.02$23,097
Jun 201207,47779.822.52$18,835
May 201207,81991.612.49$19,456
Apr 201207,715101.652.00$15,405
Mar 201208,254105.052.22$18,341
Feb 201207,537101.102.57$19,372
Jan 201208,21498.092.73$22,458
Dec 201108,37196.873.24$27,120
Nov 201108,25595.723.31$27,335
Oct 201108,56784.983.65$31,257
Sep 201108,33983.623.99$33,238
Aug 201108,73783.404.15$36,253
Jul 201108,92794.144.52$40,325
Jun 201108,74792.904.64$40,585
May 201109,22698.134.40$40,639
Apr 201109,092105.964.33$39,398
Mar 201109,61496.364.06$39,007
Feb 201108,88885.644.18$37,152
Jan 2011110,07686.504.59$46,323
Dec 2010010,40385.734.35$45,230
Nov 2010010,10680.843.80$38,356
Oct 2010010,91278.103.51$38,289
Sep 2010010,29472.633.98$40,965
Aug 201001,95673.684.42$8,644
Jul 201004,53072.554.74$21,456
Jun 201005,17770.364.91$25,421
May 201006,50471.124.24$27,546
Apr 201007,98081.694.12$32,899
Mar 201019,85178.394.39$43,311
Feb 201005,16973.585.44$28,132
Jan 201008,62274.365.96$51,422
Dec 200909,20271.445.48$50,461
Nov 200909,00274.593.75$33,771
Oct 200909,32272.544.11$38,316
Sep 200909,09365.543.06$27,868
Aug 200909,59167.423.22$30,869
Jul 200909,80561.133.46$33,969
Jun 200909,32466.163.90$36,317
May 200909,68754.743.93$38,029
Apr 200909,30646.773.59$33,385
Mar 200909,89542.144.06$40,164
Feb 200909,05632.814.63$41,956
Jan 2009010,05435.865.37$54,000
Dec 2008010,29337.105.98$61,523
Nov 2008010,18155.496.86$69,845
Oct 2008110,61875.246.92$73,573
Sep 2008110,371101.767.88$81,795
Aug 2008011,072114.228.48$93,924
Jul 2008511,143131.0811.39$127,568
Jun 2008110,959131.3313.03$142,956
May 2008311,572123.1711.57$134,307
Apr 2008011,449110.3110.45$119,698
Mar 2008012,205101.909.66$117,950
Feb 2008411,73892.538.77$103,319
Jan 2008312,77890.388.21$105,124
Dec 2007313,26288.337.30$97,104
Nov 2007213,12891.677.29$95,909
Oct 2007213,85382.856.92$96,056
Sep 2007313,63375.846.24$85,354
Aug 2007114,31469.066.39$91,506
Jul 2007115,55170.906.39$99,410
Jun 2007512,33862.007.55$93,443
May 2007111,91858.747.85$93,571
Apr 2007013,07359.617.81$102,037
Mar 2007312,79756.927.30$93,614
Feb 2007112,36555.108.22$101,646
Jan 2007314,07950.306.73$94,858
Dec 2006314,49956.656.92$100,480
Nov 2006213,81354.207.62$105,329
Oct 2006013,65054.906.01$82,088
Sep 2006013,67260.085.04$68,869
Aug 2006313,87868.717.34$102,070
Jul 2006314,18069.376.34$90,148
Jun 2006414,61366.286.38$93,553
May 2006215,73666.016.42$101,236
Apr 2006315,15764.397.36$111,756
Mar 2006316,32156.707.08$115,770
Feb 2006114,99557.597.75$116,286
Jan 2006316,94460.598.93$151,548
Dec 2005117,67354.9413.42$237,145
Nov 2005417,93754.6910.59$190,143
Oct 2005018,66958.3413.80$257,553
Sep 2005017,23061.4512.08$208,121
Aug 2005118,19961.519.80$178,354
Jul 2005120,13955.697.84$158,019
Jun 2005120,25352.337.38$149,541
May 2005122,23745.226.65$147,947
Apr 2005022,59249.207.36$166,288
Mar 2005323,58850.377.15$168,920
Feb 2005022,66745.226.31$143,072
Jan 2005026,86943.166.32$169,871
Dec 2004029,22639.866.75$197,307
Nov 2004031,92245.286.33$202,080
Oct 2004035,49549.706.52$231,253
Sep 2004039,14043.245.28$206,812
Aug 2004044,11942.375.55$244,890
Jul 2004046,89938.286.08$285,342
Jun 2004066,63336.106.43$428,651
May 20043329,31537.486.49$191,625

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                2,719 Mcf  × $  3.05 =     $8,282

────────────────────────────────────────────────────
Month total                                   $8,282

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/205075 is the state's own key, not one this site invented.