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 210240District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Mar 2005 – May 2026
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
255
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 Gas112005-12-27162074
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
CondensateDisposition3 bbl$284
GasProduction968,013 Mcf$6,454,640
Total$6,454,924

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 31.4687, -96.3398. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46866, -96.33982 · 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
12,832 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 12,832 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-29331595312,832 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 (255)

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

255 months

May 20260419106.413.05$1,276
Apr 2026041798.932.87$1,197
Mar 2026043489.753.15$1,367
Feb 2026039563.503.75$1,481
Jan 2026042959.138.00$3,431
Dec 2025042456.664.41$1,871
Nov 2025035758.593.93$1,402
Oct 2025129859.383.30$1,044
Sep 2025029162.743.08$895
Aug 2025031763.933.01$956
Jul 2025030766.743.32$1,018
Jun 2025031266.483.13$976
May 2025031860.553.23$1,028
Apr 2025032062.363.54$1,134
Mar 2025032067.704.27$1,366
Feb 2025027770.884.34$1,202
Jan 2025030774.324.28$1,314
Dec 2024029568.993.12$921
Nov 2024031169.052.20$684
Oct 2024035371.372.28$805
Sep 2024034369.612.36$811
Aug 2024037075.632.06$764
Jul 2024035279.932.15$756
Jun 2024037878.082.63$996
May 2024041178.812.20$904
Apr 2024035684.451.66$591
Mar 2024039180.301.55$604
Feb 2024038076.091.78$678
Jan 2024046373.023.30$1,527
Dec 2023040871.262.61$1,065
Nov 2023042077.892.81$1,179
Oct 2023045185.443.09$1,392
Sep 2023041089.042.74$1,121
Aug 2023044280.522.67$1,181
Jul 2023044374.852.64$1,170
Jun 2023039968.962.26$901
May 2023045270.622.23$1,007
Apr 2023043178.122.24$964
Mar 2023043972.852.39$1,051
Feb 2023043975.112.47$1,082
Jan 2023047076.533.39$1,592
Dec 2022048376.415.73$2,767
Nov 2022044185.005.65$2,490
Oct 2022042487.185.86$2,486
Sep 2022045084.888.16$3,674
Aug 2022045594.529.13$4,153
Jul 20220442101.587.54$3,334
Jun 20220424115.097.98$3,382
May 20220441109.378.43$3,719
Apr 20220445104.226.84$3,043
Mar 20220453108.885.08$2,300
Feb 2022041191.054.86$1,997
Jan 2022047181.844.54$2,137
Dec 2021047471.323.90$1,848
Nov 2021043877.435.24$2,294
Oct 2021051279.795.71$2,926
Sep 2021051269.865.35$2,740
Aug 2021051866.024.22$2,186
Jul 2021051170.783.98$2,035
Jun 2021052869.493.38$1,785
May 2021053563.483.02$1,614
Apr 2021050160.362.76$1,382
Mar 2021052161.302.72$1,416
Feb 2021052157.805.55$2,890
Jan 2021053050.412.81$1,489
Dec 2020054544.642.68$1,458
Nov 2020053538.772.71$1,448
Oct 2020055236.972.48$1,368
Sep 2020053737.091.99$1,069
Aug 2020056939.982.39$1,357
Jul 2020055838.371.83$1,018
Jun 2020054434.901.69$920
May 2020054816.921.81$994
Apr 2020055814.751.80$1,007
Mar 2020056430.341.86$1,047
Feb 2020059249.881.98$1,173
Jan 2020049057.252.09$1,026
Dec 2019060759.012.30$1,399
Nov 2019050455.302.75$1,386
Oct 2019053553.472.42$1,294
Sep 2019053155.052.66$1,411
Aug 2019051753.112.30$1,191
Jul 2019062556.272.46$1,538
Jun 2019065252.782.49$1,624
May 2019067958.482.74$1,861
Apr 2019064462.632.75$1,771
Mar 2019068956.803.06$2,110
Feb 2019063050.852.79$1,759
Jan 2019070846.033.23$2,286
Dec 2018071846.594.19$3,005
Nov 2018077752.934.24$3,292
Oct 2018082761.443.40$2,810
Sep 2018082559.543.11$2,564
Aug 2018087559.403.07$2,683
Jul 2018087565.142.93$2,565
Jun 2018089860.183.08$2,763
May 2018091765.382.90$2,660
Apr 2018088963.842.90$2,579
Mar 2018093261.222.79$2,597
Feb 2018082261.782.77$2,274
Jan 2018092062.874.01$3,689
Dec 2017093257.272.92$2,723
Nov 2017092655.423.12$2,888
Oct 201701,04649.292.98$3,121
Sep 201701,02047.523.09$3,149
Aug 201701,05745.373.00$3,176
Jul 201701,08043.873.09$3,334
Jun 201701,04442.493.09$3,223
May 201701,07845.373.26$3,518
Apr 201701,03347.933.21$3,318
Mar 201701,08446.772.98$3,234
Feb 2017097850.452.95$2,888
Jan 201701,08149.413.42$3,696
Dec 201601,12648.763.72$4,192
Nov 201601,11942.492.64$2,959
Oct 201601,26646.193.09$3,912
Sep 201601,20741.553.10$3,742
Aug 201601,32941.442.92$3,886
Jul 201601,26641.622.92$3,702
Jun 201601,30545.352.69$3,505
May 201601,55642.521.99$3,098
Apr 201601,37336.561.99$2,734
Mar 201601,56733.011.79$2,811
Feb 201601,36526.472.06$2,817
Jan 201601,74727.352.36$4,131
Dec 201501,96532.362.00$3,933
Nov 201502,07338.792.17$4,493
Oct 201501,88643.552.43$4,577
Sep 201501,98642.992.76$5,478
Aug 201502,07240.162.87$5,952
Jul 201502,06248.152.95$6,073
Jun 201502,00156.152.88$5,769
May 201502,04355.212.96$6,038
Apr 201502,03449.822.71$5,505
Mar 201502,16942.892.93$6,365
Feb 201502,29444.662.98$6,827
Jan 201501,67843.433.10$5,203
Dec 201401,72754.693.59$6,202
Nov 201402,08670.464.25$8,869
Oct 201402,32578.303.90$9,070
Sep 201402,37586.164.05$9,608
Aug 201402,51789.394.04$10,156
Jul 201402,08396.564.18$8,706
Jun 201402,40698.164.74$11,397
May 201402,40294.734.73$11,353
Apr 201402,23595.944.81$10,748
Mar 201402,35495.895.06$11,904
Feb 201402,18997.406.19$13,554
Jan 201402,41290.404.86$11,724
Dec 201302,46491.824.35$10,729
Nov 201302,29788.853.74$8,587
Oct 201302,48297.423.78$9,380
Sep 201302,531104.113.72$9,410
Aug 201302,599104.253.52$9,155
Jul 201302,664102.523.72$9,904
Jun 201302,61594.403.93$10,286
May 201302,72694.834.15$11,310
Apr 201302,82093.964.28$12,077
Mar 201302,93293.623.91$11,473
Feb 201302,88491.233.42$9,863
Jan 201302,13791.603.42$7,308
Dec 201202,51986.773.42$8,615
Nov 201202,80686.953.62$10,172
Oct 201202,82289.383.40$9,594
Sep 201202,79494.672.92$8,154
Aug 201202,88692.662.91$8,393
Jul 201202,98685.133.02$9,020
Jun 201202,88979.822.52$7,278
May 201203,10291.612.49$7,719
Apr 201203,094101.652.00$6,178
Mar 201203,159105.052.22$7,020
Feb 201202,916101.102.57$7,495
Jan 201203,18998.092.73$8,719
Dec 201103,26096.873.24$10,562
Nov 201103,10695.723.31$10,285
Oct 201103,12984.983.65$11,416
Sep 201103,07783.623.99$12,264
Aug 201103,19383.404.15$13,249
Jul 201103,52494.144.52$15,919
Jun 201103,48692.904.64$16,175
May 201103,61798.134.40$15,932
Apr 201103,596105.964.33$15,582
Mar 201103,79496.364.06$15,394
Feb 201103,61785.644.18$15,119
Jan 201104,10586.504.59$18,837
Dec 201003,82085.734.35$16,608
Nov 201003,20180.843.80$12,149
Oct 201003,46578.103.51$12,158
Sep 201003,48172.633.98$13,853
Aug 201006,75373.684.42$29,844
Jul 201007,59872.554.74$35,988
Jun 201004,17570.364.91$20,501
May 201004,05971.124.24$17,191
Apr 201003,96881.694.12$16,359
Mar 201004,32978.394.39$18,999
Feb 201004,19873.585.44$22,847
Jan 201004,33374.365.96$25,842
Dec 200904,71371.445.48$25,845
Nov 200904,80674.593.75$18,030
Oct 200905,16872.544.11$21,242
Sep 200905,01965.543.06$15,382
Aug 200905,21167.423.22$16,772
Jul 200905,37861.133.46$18,632
Jun 200905,34066.163.90$20,799
May 200905,63954.743.93$22,137
Apr 200905,66746.773.59$20,330
Mar 200906,27842.144.06$25,482
Feb 200904,55232.814.63$21,089
Jan 200904,17635.865.37$22,429
Dec 200804,36337.105.98$26,078
Nov 200805,10555.496.86$35,022
Oct 200806,43175.246.92$44,515
Sep 200806,387101.767.88$50,311
Aug 200806,919114.228.48$58,694
Jul 200807,187131.0811.39$81,856
Jun 200807,193131.3313.03$93,744
May 200816,889123.1711.57$79,858
Apr 200807,509110.3110.45$78,506
Mar 200818,173101.909.66$79,086
Feb 200808,87492.538.77$77,830
Jan 200807,36890.388.21$60,460
Dec 200707,57188.337.30$55,283
Nov 200707,21591.677.29$52,610
Oct 200706,19482.856.92$42,875
Sep 200707,49775.846.24$46,812
Aug 200705,14269.066.39$32,847
Jul 200707,14570.906.39$45,642
Jun 200708,52562.007.55$64,351
May 200707,47758.747.85$58,667
Apr 200706,32959.617.81$49,399
Mar 200707,50956.927.30$54,830
Feb 200707,40655.108.22$60,848
Jan 200709,68650.306.73$65,156
Dec 2006010,96956.656.92$75,888
Nov 2006011,37654.207.62$86,656
Oct 2006012,57154.906.01$75,599
Sep 2006012,99860.085.04$65,474
Aug 2006013,99868.717.34$102,744
Jul 2006014,29769.376.34$90,682
Jun 2006014,77766.286.38$94,335
May 2006015,82566.016.42$101,676
Apr 2006016,70164.397.36$122,927
Mar 2006017,64956.707.08$125,006
Feb 2006017,50657.597.75$135,691
Jan 2006019,59360.598.93$175,031
Dec 2005020,42454.9413.42$273,996
Nov 2005022,49254.6910.59$238,154
Oct 2005026,04858.3413.80$359,352
Sep 2005025,09961.4512.08$303,171
Aug 2005025,40761.519.80$248,908
Jul 2005026,70755.697.84$209,480
Jun 2005027,89952.337.38$205,924
May 2005027,21145.226.65$180,985
Apr 2005035,36849.207.36$260,325
Mar 2005028,72350.377.15$205,510

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                  419 Mcf  × $  3.05 =     $1,276

────────────────────────────────────────────────────
Month total                                   $1,276

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/210240 is the state's own key, not one this site invented.