REED GAS UNIT II

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

Gas lease lease 207461District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.2 M
Nov 2004 – May 2026
Value, last 12 filed months
$97 k
at the published price for each month
Months reported
259
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 478 leases and 478 wells, and the rule below applies to all of them.

Discovered
1977-03-17
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 2010-11-30.

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: PRORATION PURPOSES.

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 Gas112005-07-21160885
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
CondensateDisposition181 bbl$10,555
GasProduction1,725,577 Mcf$10,224,218
Total$10,234,773

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 31.4552, -96.2950. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45517, -96.29496 · 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
13,820 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 13,820 ft.

Completions filed
Nov 2004
1 of 1 wells

1 well

42-29331592313,820 ftNov 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 (259)

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

259 months

May 202601,720106.413.05$5,239
Apr 202612,22298.932.87$6,475
Mar 202602,43289.753.15$7,659
Feb 202631,88663.503.75$7,264
Jan 202612,06559.138.00$16,575
Dec 202502,16956.664.41$9,573
Nov 202542,23158.593.93$8,994
Oct 202522,20759.383.30$7,413
Sep 202512,19462.743.08$6,814
Aug 202532,27363.933.01$7,044
Jul 202502,25166.743.32$7,463
Jun 202502,19766.483.13$6,874
May 202502,29160.553.23$7,405
Apr 202502,17362.363.54$7,699
Mar 202512,13567.704.27$9,181
Feb 202502,22870.884.34$9,671
Jan 202502,37374.324.28$10,153
Dec 202402,46368.993.12$7,688
Nov 202402,45169.052.20$5,388
Oct 202412,25571.372.28$5,216
Sep 202402,50769.612.36$5,927
Aug 202402,13975.632.06$4,414
Jul 202402,51579.932.15$5,399
Jun 202412,29078.082.63$6,110
May 202412,27778.812.20$5,085
Apr 202422,32984.451.66$4,033
Mar 202402,16880.301.55$3,350
Feb 202402,16276.091.78$3,856
Jan 202401,83273.023.30$6,041
Dec 202302,19971.262.61$5,741
Nov 202302,10777.892.81$5,916
Oct 202302,31885.443.09$7,156
Sep 202301,45289.042.74$3,971
Aug 202302,33980.522.67$6,252
Jul 202302,47374.852.64$6,533
Jun 202302,45068.962.26$5,533
May 202302,01770.622.23$4,493
Apr 202302,18278.122.24$4,883
Mar 202302,35172.852.39$5,626
Feb 202302,44275.112.47$6,021
Jan 202302,54776.533.39$8,629
Dec 202202,48276.415.73$14,220
Nov 202202,67885.005.65$15,121
Oct 202201,31987.185.86$7,734
Sep 202202,30284.888.16$18,793
Aug 202202,69594.529.13$24,598
Jul 202202,674101.587.54$20,168
Jun 202202,182115.097.98$17,406
May 202202,450109.378.43$20,661
Apr 202202,108104.226.84$14,414
Mar 202202,290108.885.08$11,625
Feb 202202,13991.054.86$10,393
Jan 202202,07481.844.54$9,411
Dec 202102,12671.323.90$8,290
Nov 202102,24377.435.24$11,746
Oct 202102,46679.795.71$14,090
Sep 202102,12169.865.35$11,349
Aug 202102,49466.024.22$10,526
Jul 202102,49470.783.98$9,931
Jun 202102,67069.493.38$9,026
May 202102,47163.483.02$7,457
Apr 202102,56060.362.76$7,062
Mar 202102,67061.302.72$7,254
Feb 202102,02657.805.55$11,240
Jan 202102,74750.412.81$7,720
Dec 202002,74244.642.68$7,336
Nov 202002,95738.772.71$8,003
Oct 202003,11436.972.48$7,718
Sep 202003,09737.091.99$6,166
Aug 202003,28239.982.39$7,828
Jul 202003,10538.371.83$5,667
Jun 202003,02534.901.69$5,113
May 202003,08716.921.81$5,602
Apr 202003,14014.751.80$5,666
Mar 202003,25530.341.86$6,042
Feb 202003,08949.881.98$6,118
Jan 202003,35957.252.09$7,036
Dec 201903,09459.012.30$7,130
Nov 201903,05855.302.75$8,412
Oct 201903,25253.472.42$7,865
Sep 201902,95755.052.66$7,858
Aug 201903,25753.112.30$7,505
Jul 201903,31156.272.46$8,145
Jun 201903,21652.782.49$8,012
May 201903,40058.482.74$9,317
Apr 201903,28162.632.75$9,025
Mar 201903,15056.803.06$9,646
Feb 201902,91050.852.79$8,125
Jan 201903,30646.033.23$10,672
Dec 201803,32146.594.19$13,900
Nov 201803,31152.934.24$14,030
Oct 201803,58761.443.40$12,189
Sep 201803,97359.543.11$12,348
Aug 201803,75159.403.07$11,503
Jul 201803,37265.142.93$9,886
Jun 201803,31860.183.08$10,209
May 201803,39965.382.90$9,860
Apr 201803,44163.842.90$9,982
Mar 201803,59561.222.79$10,019
Feb 201803,27661.782.77$9,062
Jan 201803,63262.874.01$14,562
Dec 201703,64357.272.92$10,643
Nov 201703,54055.423.12$11,039
Oct 201703,67849.292.98$10,974
Sep 201703,58047.523.09$11,052
Aug 201703,72745.373.00$11,197
Jul 201703,75443.873.09$11,590
Jun 201703,64242.493.09$11,244
May 201703,78845.373.26$12,362
Apr 201703,62647.933.21$11,645
Mar 201703,72146.772.98$11,102
Feb 201703,35550.452.95$9,906
Jan 201703,76349.413.42$12,865
Dec 201603,83848.763.72$14,288
Nov 201603,69542.492.64$9,771
Oct 201603,78546.193.09$11,697
Sep 201603,79441.553.10$11,764
Aug 201603,89041.442.92$11,376
Jul 201603,80441.622.92$11,124
Jun 201603,75845.352.69$10,093
May 201603,97942.521.99$7,922
Apr 201603,93036.561.99$7,825
Mar 201604,09733.011.79$7,350
Feb 201603,85926.472.06$7,964
Jan 201604,10427.352.36$9,703
Dec 201504,14032.362.00$8,286
Nov 201504,03038.792.17$8,734
Oct 201504,20343.552.43$10,199
Sep 201504,06142.992.76$11,202
Aug 201504,20340.162.87$12,073
Jul 201504,08348.152.95$12,025
Jun 201504,01556.152.88$11,575
May 201504,12055.212.96$12,176
Apr 201504,06849.822.71$11,010
Mar 201504,32242.892.93$12,684
Feb 201503,96444.662.98$11,798
Jan 201504,41343.433.10$13,683
Dec 201404,50654.693.59$16,183
Nov 201404,31170.464.25$18,330
Oct 201404,49778.303.90$17,543
Sep 201404,09986.164.05$16,582
Aug 201404,38889.394.04$17,706
Jul 201404,45696.564.18$18,624
Jun 201404,51498.164.74$21,382
May 201403,63794.734.73$17,191
Apr 201404,43395.944.81$21,319
Mar 201404,67395.895.06$23,630
Feb 201404,28797.406.19$26,545
Jan 201404,77590.404.86$23,210
Dec 201304,42591.824.35$19,269
Nov 201304,58588.853.74$17,140
Oct 201304,80697.423.78$18,164
Sep 201304,769104.113.72$17,730
Aug 201305,026104.253.52$17,705
Jul 201304,575102.523.72$17,009
Jun 201304,97694.403.93$19,573
May 201305,19794.834.15$21,563
Apr 201305,04093.964.28$21,584
Mar 201303,77893.623.91$14,783
Feb 201304,47391.233.42$15,297
Jan 201305,15091.603.42$17,613
Dec 201205,26686.773.42$18,011
Nov 201205,07086.953.62$18,379
Oct 201205,38489.383.40$18,304
Sep 201205,20094.672.92$15,176
Aug 201205,43092.662.91$15,791
Jul 201205,61485.133.02$16,959
Jun 201205,52679.822.52$13,920
May 201205,91991.612.49$14,728
Apr 201205,079101.652.00$10,142
Mar 201204,535105.052.22$10,077
Feb 201205,407101.102.57$13,897
Jan 201205,89198.092.73$16,106
Dec 201106,08396.873.24$19,707
Nov 201105,59295.723.31$18,517
Oct 201106,06084.983.65$22,110
Sep 201105,79883.623.99$23,110
Aug 201106,27283.404.15$26,025
Jul 201106,06594.144.52$27,397
Jun 201106,21492.904.64$28,832
May 201106,46798.134.40$28,486
Apr 201106,485105.964.33$28,101
Mar 201107,18396.364.06$29,144
Feb 201104,94485.644.18$20,666
Jan 201106,61286.504.59$30,341
Dec 201006,93685.734.35$30,156
Nov 201006,84180.843.80$25,964
Oct 201007,50078.103.51$26,317
Sep 201006,42372.633.98$25,560
Aug 201006,44973.684.42$28,500
Jul 201007,58172.554.74$35,907
Jun 201007,74270.364.91$38,016
May 201008,74071.124.24$37,016
Apr 201003,85981.694.12$15,909
Mar 201005,36778.394.39$23,554
Feb 201025,31773.585.44$29,084
Jan 201006,90574.365.96$41,182
Dec 200907,78871.445.48$42,707
Nov 200906,39074.593.75$23,972
Oct 200906,91472.544.11$28,418
Sep 200907,20665.543.06$22,085
Aug 200906,42067.423.22$20,663
Jul 200907,09661.133.46$24,584
Jun 200907,15366.163.90$27,861
May 200906,74154.743.93$26,463
Apr 200916,28246.773.59$22,583
Mar 200937,40142.144.06$30,167
Feb 200917,17432.814.63$33,270
Jan 200938,03535.865.37$43,264
Dec 2008010,72637.105.98$64,111
Nov 2008013,55355.496.86$92,978
Oct 2008114,44575.246.92$100,063
Sep 2008114,812101.767.88$116,777
Aug 2008016,541114.228.48$140,318
Jul 2008317,761131.0811.39$202,681
Jun 2008117,238131.3313.03$224,788
May 2008114,945123.1711.57$173,101
Apr 2008118,665110.3110.45$195,250
Mar 2008218,090101.909.66$175,027
Feb 2008018,45992.538.77$161,896
Jan 2008120,04490.388.21$164,566
Dec 2007120,85388.337.30$152,356
Nov 2007320,95591.677.29$153,073
Oct 2007220,45482.856.92$141,748
Sep 2007019,93675.846.24$124,484
Aug 2007522,13969.066.39$141,768
Jul 2007119,31970.906.39$123,480
Jun 2007011,06562.007.55$83,524
May 2007012,45258.747.85$97,702
Apr 2007311,88059.617.81$92,905
Mar 2007012,61256.927.30$92,092
Feb 2007012,59755.108.22$103,497
Jan 2007214,01750.306.73$94,391
Dec 2006014,10656.656.92$97,592
Nov 2006214,20254.207.62$108,292
Oct 2006114,64854.906.01$88,145
Sep 2006113,43760.085.04$67,745
Aug 2006113,96368.717.34$102,556
Jul 2006415,05669.376.34$95,774
Jun 2006414,48966.286.38$92,761
May 2006115,18966.016.42$97,655
Apr 2006315,11264.397.36$111,425
Mar 2006115,81956.707.08$112,101
Feb 2006415,67957.597.75$121,760
Jan 2006618,74060.598.93$167,774
Dec 2005719,48554.9413.42$261,784
Nov 2005619,58654.6910.59$207,713
Oct 2005320,75758.3413.80$286,534
Sep 2005420,89861.4512.08$252,673
Aug 2005222,13761.519.80$216,996
Jul 2005223,49755.697.84$184,413
Jun 2005524,58652.337.38$181,732
May 2005828,42045.226.65$189,388
Apr 2005828,74049.207.36$211,934
Mar 2005025,03350.377.15$179,108
Feb 2005418,84045.226.31$119,097
Jan 2005227,16743.166.32$171,842
Dec 20042335,31039.866.75$239,297
Nov 20042020,20645.286.33$128,818

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                1,720 Mcf  × $  3.05 =     $5,239

────────────────────────────────────────────────────
Month total                                   $5,239

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/207461 is the state's own key, not one this site invented.