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 208294District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Oct 2004 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
260
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 Gas112005-10-26165688
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
CondensateDisposition35 bbl$2,613
GasProduction519,165 Mcf$3,850,783
Total$3,853,396

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 31.4685, -96.3300. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46849, -96.33004 · 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
11,836 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 11,836 ft.

Completions filed
Dec 2009
1 of 1 wells

1 well

42-29331609911,836 ftDec 2009

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 (260)

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

260 months

May 20260150106.413.05$457
Apr 2026015098.932.87$430
Mar 2026072089.753.15$2,268
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 2019022046.033.23$710
Dec 2018022846.594.19$954
Nov 2018022752.934.24$962
Oct 2018023961.443.40$812
Sep 2018021359.543.11$662
Aug 2018021559.403.07$659
Jul 2018024465.142.93$715
Jun 2018024060.183.08$738
May 2018026265.382.90$760
Apr 2018026663.842.90$772
Mar 2018026261.222.79$730
Feb 2018025261.782.77$697
Jan 2018031262.874.01$1,251
Dec 2017019457.272.92$567
Nov 20170055.423.12$0
Oct 2017017949.292.98$534
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017057642.493.09$1,778
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014027295.944.81$1,308
Mar 2014032195.895.06$1,623
Feb 2014030697.406.19$1,895
Jan 2014037690.404.86$1,828
Dec 2013042791.824.35$1,859
Nov 2013037788.853.74$1,409
Oct 2013041497.423.78$1,565
Sep 20130375104.113.72$1,394
Aug 20135384104.253.52$1,874
Jul 20130314102.523.72$1,167
Jun 2013035994.403.93$1,412
May 2013037894.834.15$1,568
Apr 2013044893.964.28$1,919
Mar 2013046393.623.91$1,812
Feb 2013040591.233.42$1,385
Jan 2013048091.603.42$1,642
Dec 2012050086.773.42$1,710
Nov 2012047486.953.62$1,718
Oct 2012049289.383.40$1,673
Sep 2012048894.672.92$1,424
Aug 2012049892.662.91$1,448
Jul 2012052485.133.02$1,583
Jun 2012058879.822.52$1,481
May 2012055591.612.49$1,381
Apr 20120639101.652.00$1,276
Mar 20120713105.052.22$1,584
Feb 20120724101.102.57$1,861
Jan 2012080998.092.73$2,212
Dec 2011094396.873.24$3,055
Nov 2011092995.723.31$3,076
Oct 201101,06684.983.65$3,889
Sep 201101,19483.623.99$4,759
Aug 201101,30683.404.15$5,419
Jul 201101,22794.144.52$5,543
Jun 201101,30592.904.64$6,055
May 201101,63198.134.40$7,184
Apr 201101,636105.964.33$7,089
Mar 201101,83996.364.06$7,461
Feb 201102,05785.644.18$8,598
Jan 201101,71186.504.59$7,851
Dec 201002,18285.734.35$9,487
Nov 201002,50380.843.80$9,500
Oct 201002,50078.103.51$8,772
Sep 201002,60872.633.98$10,378
Aug 201002,75773.684.42$12,184
Jul 201002,90472.554.74$13,755
Jun 201002,95370.364.91$14,500
May 201003,02371.124.24$12,803
Apr 201002,41881.694.12$9,969
Mar 201003,29678.394.39$14,465
Feb 201003,47073.585.44$18,885
Jan 201003,99874.365.96$23,844
Dec 200973,52771.445.48$19,841
Nov 200905,62774.593.75$21,110
Oct 2009121,22772.544.11$5,914
Sep 2009118565.543.06$981
Aug 20090167.423.22$3
Jul 200902761.133.46$94
Jun 200904466.163.90$171
May 2009026654.743.93$1,044
Apr 200908646.773.59$309
Mar 2009014542.144.06$589
Feb 2009065332.814.63$3,025
Jan 200901,38435.865.37$7,433
Dec 200801,41537.105.98$8,458
Nov 200801,86255.496.86$12,774
Oct 2008071875.246.92$4,970
Sep 200801,522101.767.88$11,989
Aug 2008011,867114.228.48$100,668
Jul 2008011,371131.0811.39$129,509
Jun 2008063131.3313.03$821
May 200800123.1711.57$0
Apr 20080996110.3110.45$10,413
Mar 20080267101.909.66$2,580
Feb 200801,12692.538.77$9,876
Jan 200803,20990.388.21$26,332
Dec 200703,30588.337.30$24,133
Nov 200703,29491.677.29$24,019
Oct 200703,77482.856.92$26,124
Sep 200703,75975.846.24$23,472
Aug 200703,46869.066.39$22,153
Jul 200701,81770.906.39$11,607
Jun 20070062.007.55$0
May 200705,48858.747.85$43,060
Apr 200703,85659.617.81$30,097
Mar 200703,64656.927.30$26,623
Feb 200705,33655.108.22$43,841
Jan 200707,62650.306.73$51,299
Dec 200608,71556.656.92$60,294
Nov 200607,70454.207.62$58,685
Oct 200609,03654.906.01$54,341
Sep 200608,75960.085.04$44,121
Aug 2006010,13668.717.34$74,397
Jul 200609,18869.376.34$58,277
Jun 200609,62766.286.38$61,458
May 2006011,03866.016.42$70,919
Apr 2006012,61364.397.36$92,838
Mar 2006013,37756.707.08$94,748
Feb 2006012,64757.597.75$98,028
Jan 2006013,89660.598.93$124,137
Dec 2005014,96254.9413.42$200,721
Nov 2005013,64654.6910.59$144,489
Oct 2005015,69758.3413.80$216,552
Sep 2005015,83461.4512.08$191,259
Aug 2005018,06261.519.80$176,951
Jul 2005014,82055.697.84$116,243
Jun 2005012,52952.337.38$92,477
May 2005014,71845.226.65$97,892
Apr 2005015,18549.207.36$111,769
Mar 2005014,69950.377.15$105,170
Feb 2005016,40045.226.31$103,515
Jan 2005019,74443.166.32$124,826
Dec 2004019,19539.866.75$129,587
Nov 2004023,90445.286.33$151,322
Oct 2004046949.706.52$3,056

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                  150 Mcf  × $  3.05 =       $457

────────────────────────────────────────────────────
Month total                                     $457

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/208294 is the state's own key, not one this site invented.