REED "R" NO. 1 UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) 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 208413District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
Jan 2005 – May 2026
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
257
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 Gas112005-07-21161367
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
CondensateDisposition4 bbl$263
GasProduction894,379 Mcf$5,528,950
Total$5,529,213

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 31.4532, -96.3342. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45321, -96.33416 · 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
13,100 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 13,100 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-29331596413,100 ftMar 2006

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 (257)

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

257 months

May 20260806106.413.05$2,455
Apr 2026071898.932.87$2,060
Mar 2026071489.753.15$2,249
Feb 2026068763.503.75$2,576
Jan 2026071259.138.00$5,695
Dec 2025076956.664.41$3,394
Nov 2025065458.593.93$2,568
Oct 2025073559.383.30$2,429
Sep 2025076062.743.08$2,338
Aug 2025083763.933.01$2,523
Jul 2025076666.743.32$2,539
Jun 2025066666.483.13$2,084
May 2025071860.553.23$2,321
Apr 2025071262.363.54$2,523
Mar 2025056867.704.27$2,424
Feb 2025052270.884.34$2,266
Jan 2025080474.324.28$3,440
Dec 202401,26768.993.12$3,955
Nov 2024098969.052.20$2,174
Oct 2024049571.372.28$1,129
Sep 2024049269.612.36$1,163
Aug 2024047975.632.06$988
Jul 2024041079.932.15$880
Jun 2024039278.082.63$1,033
May 2024065178.812.20$1,431
Apr 2024063384.451.66$1,050
Mar 202401,00780.301.55$1,556
Feb 202401,21376.091.78$2,164
Jan 202401,37673.023.30$4,538
Dec 202301,26671.262.61$3,305
Nov 202301,15177.892.81$3,232
Oct 2023050385.443.09$1,553
Sep 2023044589.042.74$1,217
Aug 2023037580.522.67$1,002
Jul 2023045274.852.64$1,194
Jun 2023047768.962.26$1,077
May 2023051470.622.23$1,145
Apr 2023054678.122.24$1,222
Mar 2023055372.852.39$1,323
Feb 2023079975.112.47$1,970
Jan 2023094176.533.39$3,188
Dec 202201,01076.415.73$5,786
Nov 2022092685.005.65$5,228
Oct 2022047687.185.86$2,791
Sep 2022046784.888.16$3,812
Aug 2022050594.529.13$4,609
Jul 20220369101.587.54$2,783
Jun 20220433115.097.98$3,454
May 20220576109.378.43$4,857
Apr 20220742104.226.84$5,074
Mar 202201,021108.885.08$5,183
Feb 202201,19491.054.86$5,801
Jan 202201,20881.844.54$5,482
Dec 2021085771.323.90$3,342
Nov 2021092777.435.24$4,855
Oct 2021061979.795.71$3,537
Sep 2021058269.865.35$3,114
Aug 2021050266.024.22$2,119
Jul 2021055870.783.98$2,222
Jun 2021058869.493.38$1,988
May 2021072663.483.02$2,191
Apr 2021078960.362.76$2,176
Mar 2021093561.302.72$2,540
Feb 202101,23057.805.55$6,824
Jan 202101,59050.412.81$4,468
Dec 202001,56544.642.68$4,187
Nov 202001,38138.772.71$3,738
Oct 202001,22636.972.48$3,039
Sep 202001,65237.091.99$3,289
Aug 2020097339.982.39$2,321
Jul 2020054838.371.83$1,000
Jun 2020059734.901.69$1,009
May 2020077516.921.81$1,406
Apr 2020077914.751.80$1,406
Mar 2020069930.341.86$1,298
Feb 2020081449.881.98$1,612
Jan 2020079857.252.09$1,672
Dec 2019097659.012.30$2,249
Nov 2019082455.302.75$2,267
Oct 2019073053.472.42$1,766
Sep 2019064455.052.66$1,711
Aug 2019072153.112.30$1,661
Jul 2019069656.272.46$1,712
Jun 2019037252.782.49$927
May 2019053558.482.74$1,466
Apr 2019058162.632.75$1,598
Mar 2019067256.803.06$2,058
Feb 2019061350.852.79$1,712
Jan 2019071746.033.23$2,315
Dec 2018072346.594.19$3,026
Nov 201801,52052.934.24$6,441
Oct 201801,59661.443.40$5,423
Sep 201801,48059.543.11$4,600
Aug 201801,41059.403.07$4,324
Jul 201801,38165.142.93$4,049
Jun 201801,32360.183.08$4,071
May 201801,37065.382.90$3,974
Apr 201801,34463.842.90$3,899
Mar 201801,38561.222.79$3,860
Feb 201801,25761.782.77$3,477
Jan 201801,31062.874.01$5,252
Dec 201701,31157.272.92$3,830
Nov 201701,16955.423.12$3,645
Oct 201701,85649.292.98$5,538
Sep 201701,71747.523.09$5,301
Aug 201701,66445.373.00$4,999
Jul 201701,56143.873.09$4,819
Jun 201701,45742.493.09$4,498
May 201701,53045.373.26$4,993
Apr 201701,29547.933.21$4,159
Mar 201701,11946.772.98$3,339
Feb 2017096750.452.95$2,855
Jan 201701,23849.413.42$4,232
Dec 201601,25548.763.72$4,672
Nov 201601,41542.492.64$3,742
Oct 201601,71046.193.09$5,284
Sep 201601,43741.553.10$4,456
Aug 201601,32841.442.92$3,884
Jul 2016097541.622.92$2,851
Jun 2016099745.352.69$2,678
May 201601,24942.521.99$2,487
Apr 201601,22436.561.99$2,437
Mar 201601,94433.011.79$3,488
Feb 201601,91326.472.06$3,948
Jan 201602,09627.352.36$4,956
Dec 201501,85532.362.00$3,713
Nov 201501,61538.792.17$3,500
Oct 201501,63443.552.43$3,965
Sep 201501,61342.992.76$4,449
Aug 201501,56040.162.87$4,481
Jul 201501,61248.152.95$4,747
Jun 201501,63656.152.88$4,716
May 201501,81455.212.96$5,361
Apr 201501,87349.822.71$5,069
Mar 201501,68542.892.93$4,945
Feb 201501,91844.662.98$5,708
Jan 201502,13943.433.10$6,632
Dec 201402,14054.693.59$7,686
Nov 201401,81270.464.25$7,704
Oct 201402,05278.303.90$8,005
Sep 201401,93686.164.05$7,832
Aug 201402,05089.394.04$8,272
Jul 201402,04896.564.18$8,560
Jun 201401,98898.164.74$9,417
May 201402,13694.734.73$10,096
Apr 201402,18795.944.81$10,518
Mar 201402,29795.895.06$11,615
Feb 201402,14197.406.19$13,257
Jan 201402,34090.404.86$11,374
Dec 201302,33091.824.35$10,146
Nov 201302,23988.853.74$8,370
Oct 201302,25197.423.78$8,507
Sep 201302,035104.113.72$7,566
Aug 201302,170104.253.52$7,644
Jul 201302,311102.523.72$8,592
Jun 201302,27894.403.93$8,960
May 201302,50294.834.15$10,381
Apr 201302,33093.964.28$9,978
Mar 201302,56193.623.91$10,021
Feb 201302,62491.233.42$8,974
Jan 201302,22591.603.42$7,609
Dec 201202,77986.773.42$9,505
Nov 201202,76086.953.62$10,005
Oct 201202,91289.383.40$9,900
Sep 201202,73894.672.92$7,991
Aug 201202,85392.662.91$8,297
Jul 201202,84085.133.02$8,579
Jun 201202,77779.822.52$6,995
May 201202,89991.612.49$7,214
Apr 201202,844101.652.00$5,679
Mar 201203,058105.052.22$6,795
Feb 201202,905101.102.57$7,467
Jan 201202,77098.092.73$7,573
Dec 201103,19996.873.24$10,364
Nov 201102,80995.723.31$9,301
Oct 201102,88484.983.65$10,522
Sep 201102,97283.623.99$11,846
Aug 201103,15083.404.15$13,070
Jul 201103,21794.144.52$14,532
Jun 201103,15592.904.64$14,639
May 201103,22998.134.40$14,223
Apr 201103,155105.964.33$13,672
Mar 201103,27196.364.06$13,272
Feb 201102,99185.644.18$12,502
Jan 201103,39986.504.59$15,597
Dec 201003,45285.734.35$15,008
Nov 201003,43780.843.80$13,045
Oct 201003,54478.103.51$12,436
Sep 201003,47272.633.98$13,817
Aug 201003,62973.684.42$16,038
Jul 201003,70772.554.74$17,558
Jun 201003,59470.364.91$17,648
May 201003,75771.124.24$15,912
Apr 201003,62181.694.12$14,928
Mar 201003,84978.394.39$16,892
Feb 201003,54273.585.44$19,277
Jan 201003,91974.365.96$23,373
Dec 200904,01271.445.48$22,001
Nov 200903,84174.593.75$14,410
Oct 200904,11272.544.11$16,901
Sep 200904,01665.543.06$12,308
Aug 200904,18767.423.22$13,476
Jul 200904,28861.133.46$14,856
Jun 200904,17466.163.90$16,258
May 200904,34854.743.93$17,069
Apr 200934,28046.773.59$15,495
Mar 200904,48742.144.06$18,213
Feb 200904,21632.814.63$19,533
Jan 200904,85635.865.37$26,082
Dec 200804,95537.105.98$29,617
Nov 200804,78455.496.86$32,820
Oct 200805,10775.246.92$35,351
Sep 200804,851101.767.88$38,212
Aug 200805,108114.228.48$43,331
Jul 200805,143131.0811.39$58,576
Jun 200804,954131.3313.03$64,564
May 200815,256123.1711.57$60,958
Apr 200805,234110.3110.45$54,721
Mar 200805,517101.909.66$53,317
Feb 200804,89292.538.77$42,906
Jan 200806,41090.388.21$52,599
Dec 200706,34288.337.30$46,309
Nov 200706,97591.677.29$50,860
Oct 200706,44982.856.92$44,640
Sep 200705,60875.846.24$35,017
Aug 200707,84469.066.39$50,107
Jul 200707,73870.906.39$49,430
Jun 200707,54062.007.55$56,915
May 200706,55658.747.85$51,440
Apr 200706,41059.617.81$50,031
Mar 200707,11156.927.30$51,924
Feb 200706,70155.108.22$55,055
Jan 200707,24250.306.73$48,716
Dec 200607,54556.656.92$52,200
Nov 200607,59354.207.62$57,840
Oct 200607,69954.906.01$46,300
Sep 200607,98360.085.04$40,212
Aug 200608,36968.717.34$61,428
Jul 200608,85269.376.34$56,146
Jun 200609,31366.286.38$59,453
May 200609,78166.016.42$62,843
Apr 2006010,21664.397.36$75,195
Mar 2006011,30856.707.08$80,094
Feb 2006011,84557.597.75$91,812
Jan 2006013,52860.598.93$120,850
Dec 200509,39154.9413.42$125,984
Nov 2005013,80354.6910.59$146,152
Oct 2005016,40658.3413.80$226,333
Sep 2005015,31361.4512.08$184,966
Aug 2005016,45061.519.80$161,158
Jul 2005019,35155.697.84$151,782
Jun 2005021,41752.337.38$158,080
May 2005028,73745.226.65$191,134
Apr 2005024,68849.207.36$181,716
Mar 2005030,28850.377.15$216,707
Feb 2005035,67645.226.31$225,184
Jan 2005045,43943.166.32$287,274

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                  806 Mcf  × $  3.05 =     $2,455

────────────────────────────────────────────────────
Month total                                   $2,455

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/208413 is the state's own key, not one this site invented.