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 206522District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Aug 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
262
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 Gas112005-10-26165690
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
CondensateDisposition22 bbl$1,616
GasProduction582,225 Mcf$3,458,968
Total$3,460,584

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 31.4757, -96.3436. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47565, -96.34365 · 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
11,767 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 11,767 ft.

Completions filed
Apr 2010
1 of 1 wells

1 well

42-29331597811,767 ftApr 2010

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 (262)

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

262 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
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 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170855.423.12$25
Oct 20170049.292.98$0
Sep 20170447.523.09$12
Aug 201704845.373.00$144
Jul 201709043.873.09$278
Jun 2017018042.493.09$556
May 2017066145.373.26$2,157
Apr 201701,33847.933.21$4,297
Mar 201701,13646.772.98$3,389
Feb 201701,10250.452.95$3,254
Jan 201701,20749.413.42$4,126
Dec 201601,26448.763.72$4,706
Nov 201601,22442.492.64$3,237
Oct 201601,40046.193.09$4,326
Sep 201601,38041.553.10$4,279
Aug 201601,35741.442.92$3,968
Jul 201601,39941.622.92$4,091
Jun 201601,23545.352.69$3,317
May 201601,21642.521.99$2,421
Apr 201601,37036.561.99$2,728
Mar 201601,52133.011.79$2,729
Feb 201601,43326.472.06$2,957
Jan 201601,61627.352.36$3,821
Dec 201501,83932.362.00$3,681
Nov 201501,48238.792.17$3,212
Oct 201501,41143.552.43$3,424
Sep 201501,37842.992.76$3,801
Aug 2015051640.162.87$1,482
Jul 2015040248.152.95$1,184
Jun 2015053856.152.88$1,551
May 2015069355.212.96$2,048
Apr 201501,62949.822.71$4,409
Mar 201501,83442.892.93$5,382
Feb 201501,17244.662.98$3,488
Jan 201501,95743.433.10$6,068
Dec 201401,60154.693.59$5,750
Nov 201401,03470.464.25$4,396
Oct 201401,88478.303.90$7,349
Sep 201401,70486.164.05$6,893
Aug 201401,66789.394.04$6,727
Jul 201401,74896.564.18$7,306
Jun 201401,75898.164.74$8,327
May 201401,70494.734.73$8,054
Apr 201401,79595.944.81$8,632
Mar 201401,81295.895.06$9,163
Feb 2014086097.406.19$5,325
Jan 201401,51090.404.86$7,340
Dec 201302,45591.824.35$10,690
Nov 201301,86988.853.74$6,987
Oct 2013039297.423.78$1,482
Sep 201301,116104.113.72$4,149
Aug 201301,910104.253.52$6,728
Jul 20130714102.523.72$2,654
Jun 201301,86194.403.93$7,320
May 201302,09994.834.15$8,709
Apr 201302,50393.964.28$10,719
Mar 201301,27193.623.91$4,973
Feb 201302,10491.233.42$7,195
Jan 201303,07591.603.42$10,516
Dec 201202,44686.773.42$8,366
Nov 2012081086.953.62$2,936
Oct 2012087389.383.40$2,968
Sep 2012094994.672.92$2,770
Aug 201201,14792.662.91$3,336
Jul 201202,86185.133.02$8,643
Jun 201202,67079.822.52$6,726
May 201202,97191.612.49$7,393
Apr 201202,968101.652.00$5,927
Mar 201203,082105.052.22$6,848
Feb 201203,019101.102.57$7,760
Jan 201203,10498.092.73$8,487
Dec 201102,98896.873.24$9,680
Nov 201103,14695.723.31$10,417
Oct 201103,04684.983.65$11,113
Sep 201102,91383.623.99$11,611
Aug 201103,18583.404.15$13,216
Jul 201103,49294.144.52$15,774
Jun 201103,68492.904.64$17,093
May 201104,17398.134.40$18,381
Apr 201104,208105.964.33$18,234
Mar 201104,67396.364.06$18,960
Feb 201104,38985.644.18$18,346
Jan 201104,87986.504.59$22,389
Dec 201003,85985.734.35$16,778
Nov 201004,42280.843.80$16,783
Oct 201004,72278.103.51$16,569
Sep 201004,24772.633.98$16,901
Aug 201006,28373.684.42$27,767
Jul 201037,23772.554.74$34,496
Jun 201088,26770.364.91$41,157
May 2010612,19371.124.24$52,067
Apr 201058,47381.694.12$35,340
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 200801,70990.388.21$14,024
Dec 200701,76088.337.30$12,851
Nov 200702,04491.677.29$14,904
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 200703,08770.906.39$19,720
Jun 200704,12462.007.55$31,130
May 200704,42958.747.85$34,751
Apr 200704,30159.617.81$33,570
Mar 200704,80856.927.30$35,108
Feb 200704,48155.108.22$36,816
Jan 200704,83850.306.73$32,545
Dec 200604,45956.656.92$30,849
Nov 200604,37654.207.62$33,334
Oct 200604,78554.906.01$28,776
Sep 200604,80160.085.04$24,184
Aug 200605,12268.717.34$37,595
Jul 200605,33269.376.34$33,820
Jun 200605,13566.286.38$32,781
May 200605,57466.016.42$35,813
Apr 200605,62364.397.36$41,388
Mar 200606,24456.707.08$44,226
Feb 200606,11557.597.75$47,398
Jan 200606,46360.598.93$57,736
Dec 200506,81154.9413.42$91,372
Nov 200506,72154.6910.59$71,165
Oct 200507,45758.3413.80$102,875
Sep 200507,66461.4512.08$92,573
Aug 200508,15761.519.80$79,913
Jul 200508,66255.697.84$67,942
Jun 200508,60252.337.38$63,492
May 2005010,68745.226.65$71,081
Apr 2005011,69449.207.36$86,073
Mar 2005012,77350.377.15$91,389
Feb 2005028,02245.226.31$176,873
Jan 2005029,54243.166.32$186,770
Dec 2004031,00539.866.75$209,317
Nov 2004032,72345.286.33$207,150
Oct 2004023,56049.706.52$153,496
Sep 2004028,39743.245.28$150,047
Aug 2004011,27342.375.55$62,573

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.

Nov 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.42 =         $0
Gas                    8 Mcf  × $  3.12 =        $25

────────────────────────────────────────────────────
Month total                                      $25

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/206522 is the state's own key, not one this site invented.