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 210383District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.9 M
Apr 2005 – May 2026
Value, last 12 filed months
$204 k
at the published price for each month
Months reported
254
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 Gas112006-01-09162132
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$408
GasProduction1,702,161 Mcf$9,869,760
Total$9,870,168

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 31.4498, -96.3271. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44975, -96.32711 · 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
13,140 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 13,140 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-29331627713,140 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 (254)

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

254 months

May 202603,850106.413.05$11,726
Apr 202604,28798.932.87$12,302
Mar 202604,48989.753.15$14,138
Feb 202604,14663.503.75$15,549
Jan 202604,33259.138.00$34,647
Dec 202504,52156.664.41$19,953
Nov 202504,47158.593.93$17,555
Oct 202514,65059.383.30$15,427
Sep 202504,73462.743.08$14,566
Aug 202505,19863.933.01$15,671
Jul 202505,15166.743.32$17,077
Jun 202504,92166.483.13$15,396
May 202505,25360.553.23$16,979
Apr 202505,42662.363.54$19,225
Mar 202505,90367.704.27$25,196
Feb 202505,45370.884.34$23,671
Jan 202506,53574.324.28$27,961
Dec 202408,07568.993.12$25,205
Nov 202401,19969.052.20$2,636
Oct 2024037971.372.28$865
Sep 2024032569.612.36$768
Aug 2024034575.632.06$712
Jul 2024034279.932.15$734
Jun 2024036378.082.63$956
May 2024039378.812.20$864
Apr 2024034884.451.66$577
Mar 2024034280.301.55$528
Feb 2024033176.091.78$590
Jan 2024036873.023.30$1,214
Dec 2023038671.262.61$1,008
Nov 2023040677.892.81$1,140
Oct 2023045585.443.09$1,405
Sep 2023043089.042.74$1,176
Aug 2023038180.522.67$1,018
Jul 2023052674.852.64$1,390
Jun 2023038968.962.26$879
May 2023042570.622.23$947
Apr 2023043478.122.24$971
Mar 2023041972.852.39$1,003
Feb 2023040175.112.47$989
Jan 2023034876.533.39$1,179
Dec 2022039676.415.73$2,269
Nov 2022032885.005.65$1,852
Oct 2022034387.185.86$2,011
Sep 2022034184.888.16$2,784
Aug 2022027494.529.13$2,501
Jul 20220291101.587.54$2,195
Jun 20220315115.097.98$2,513
May 20220246109.378.43$2,075
Apr 20220299104.226.84$2,044
Mar 20220362108.885.08$1,838
Feb 2022032991.054.86$1,599
Jan 2022033281.844.54$1,507
Dec 2021049771.323.90$1,938
Nov 2021043477.435.24$2,273
Oct 2021038279.795.71$2,183
Sep 2021041669.865.35$2,226
Aug 2021031366.024.22$1,321
Jul 2021043070.783.98$1,712
Jun 2021049569.493.38$1,673
May 2021055863.483.02$1,684
Apr 2021056060.362.76$1,545
Mar 2021047361.302.72$1,285
Feb 2021069157.805.55$3,834
Jan 2021062950.412.81$1,768
Dec 2020076644.642.68$2,049
Nov 2020078238.772.71$2,117
Oct 2020087936.972.48$2,179
Sep 2020076337.091.99$1,519
Aug 202001,07239.982.39$2,557
Jul 202001,16838.371.83$2,132
Jun 202002,39834.901.69$4,053
May 202003,46416.921.81$6,286
Apr 202003,77314.751.80$6,808
Mar 202004,33830.341.86$8,052
Feb 202002,62549.881.98$5,199
Jan 202004,25557.252.09$8,913
Dec 201904,14559.012.30$9,552
Nov 201903,65855.302.75$10,062
Oct 201905,02353.472.42$12,148
Sep 201904,04155.052.66$10,738
Aug 201903,87053.112.30$8,918
Jul 201902,05356.272.46$5,051
Jun 201901,56552.782.49$3,899
May 201901,72858.482.74$4,735
Apr 201903,24462.632.75$8,923
Mar 201903,61156.803.06$11,057
Feb 201903,85050.852.79$10,750
Jan 201903,47446.033.23$11,215
Dec 201803,41746.594.19$14,302
Nov 201803,11152.934.24$13,182
Oct 201803,24461.443.40$11,023
Sep 201803,53559.543.11$10,987
Aug 201803,09259.403.07$9,482
Jul 201804,07165.142.93$11,936
Jun 201803,25360.183.08$10,009
May 201803,74465.382.90$10,861
Apr 201803,86263.842.90$11,203
Mar 201804,15661.222.79$11,582
Feb 201803,68061.782.77$10,179
Jan 201803,81462.874.01$15,292
Dec 201703,83557.272.92$11,204
Nov 201703,00955.423.12$9,383
Oct 201704,18249.292.98$12,478
Sep 201703,81347.523.09$11,772
Aug 201704,24045.373.00$12,739
Jul 201704,07743.873.09$12,587
Jun 201704,01042.493.09$12,380
May 201704,06245.373.26$13,256
Apr 201704,08947.933.21$13,132
Mar 201704,44246.772.98$13,254
Feb 201703,92050.452.95$11,574
Jan 201704,25349.413.42$14,540
Dec 201604,25748.763.72$15,848
Nov 201604,22342.492.64$11,167
Oct 201604,39146.193.09$13,569
Sep 201604,61641.553.10$14,313
Aug 201604,38041.442.92$12,809
Jul 201604,53441.622.92$13,259
Jun 201604,50045.352.69$12,086
May 201604,45142.521.99$8,862
Apr 201604,35036.561.99$8,661
Mar 201604,97233.011.79$8,920
Feb 201604,10826.472.06$8,477
Jan 201604,96827.352.36$11,746
Dec 201504,38832.362.00$8,782
Nov 201504,66738.792.17$10,115
Oct 201504,68443.552.43$11,366
Sep 201504,74042.992.76$13,075
Aug 201504,87140.162.87$13,992
Jul 201504,90948.152.95$14,457
Jun 201505,24356.152.88$15,115
May 201505,16855.212.96$15,274
Apr 201504,88549.822.71$13,222
Mar 201504,94142.892.93$14,500
Feb 201504,77044.662.98$14,196
Jan 201504,71743.433.10$14,626
Dec 201404,87454.693.59$17,504
Nov 201404,91970.464.25$20,915
Oct 201405,10978.303.90$19,930
Sep 201404,79386.164.05$19,390
Aug 201405,06189.394.04$20,422
Jul 201405,24596.564.18$21,922
Jun 201405,33798.164.74$25,281
May 201405,49694.734.73$25,977
Apr 201405,51895.944.81$26,537
Mar 201405,84395.895.06$29,547
Feb 201404,59597.406.19$28,452
Jan 201405,51290.404.86$26,792
Dec 201305,70891.824.35$24,855
Nov 201305,25688.853.74$19,648
Oct 201306,12297.423.78$23,137
Sep 201306,424104.113.72$23,883
Aug 201305,119104.253.52$18,032
Jul 201305,139102.523.72$19,105
Jun 201304,84994.403.93$19,073
May 201305,35594.834.15$22,218
Apr 201305,72993.964.28$24,535
Mar 201306,21993.623.91$24,334
Feb 201305,66091.233.42$19,357
Jan 201305,81191.603.42$19,873
Dec 201206,29586.773.42$21,530
Nov 201206,16986.953.62$22,362
Oct 201206,49089.383.40$22,064
Sep 201206,22794.672.92$18,173
Aug 201206,62792.662.91$19,272
Jul 201206,77885.133.02$20,475
Jun 201206,64679.822.52$16,742
May 201205,91691.612.49$14,721
Apr 201206,748101.652.00$13,474
Mar 201206,454105.052.22$14,341
Feb 201206,544101.102.57$16,820
Jan 201206,80098.092.73$18,592
Dec 201106,90996.873.24$22,383
Nov 201106,83295.723.31$22,623
Oct 201107,22284.983.65$26,350
Sep 201107,00883.623.99$27,932
Aug 201107,37183.404.15$30,585
Jul 201107,48594.144.52$33,812
Jun 201107,25192.904.64$33,644
May 201107,63798.134.40$33,640
Apr 201107,448105.964.33$32,274
Mar 201108,05296.364.06$32,670
Feb 201105,77085.644.18$24,118
Jan 201107,97786.504.59$36,605
Dec 201007,24285.734.35$31,486
Nov 201007,90680.843.80$30,006
Oct 201008,02178.103.51$28,145
Sep 201008,00272.633.98$31,844
Aug 201008,63973.684.42$38,179
Jul 201007,56172.554.74$35,813
Jun 201008,22770.364.91$40,398
May 201008,73671.124.24$36,999
Apr 201008,33281.694.12$34,350
Mar 201008,83378.394.39$38,765
Feb 201008,32973.585.44$45,329
Jan 201007,44274.365.96$44,385
Dec 200908,67371.445.48$47,561
Nov 200908,75174.593.75$32,829
Oct 200909,32172.544.11$38,312
Sep 200909,17165.543.06$28,107
Aug 200909,62367.423.22$30,972
Jul 200909,86361.133.46$34,170
Jun 200909,57066.163.90$37,275
May 200909,52354.743.93$37,385
Apr 200909,63646.773.59$34,569
Mar 2009010,27042.144.06$41,686
Feb 200909,47232.814.63$43,884
Jan 2009010,35435.865.37$55,611
Dec 2008010,88637.105.98$65,067
Nov 2008010,83355.496.86$74,318
Oct 2008011,45975.246.92$79,319
Sep 2008010,718101.767.88$84,427
Aug 2008012,132114.228.48$102,916
Jul 2008012,106131.0811.39$137,880
Jun 2008011,728131.3313.03$152,847
May 2008212,408123.1711.57$143,860
Apr 2008012,440110.3110.45$130,058
Mar 2008112,985101.909.66$125,590
Feb 2008012,67092.538.77$111,123
Jan 2008014,67390.388.21$120,403
Dec 2007014,80388.337.30$108,091
Nov 2007014,93091.677.29$108,865
Oct 2007015,18882.856.92$105,131
Sep 2007016,15475.846.24$100,868
Aug 2007015,19169.066.39$97,039
Jul 2007015,66570.906.39$100,067
Jun 2007015,48962.007.55$116,918
May 2007016,04758.747.85$125,909
Apr 2007015,57759.617.81$121,582
Mar 2007017,25756.927.30$126,010
Feb 2007017,43255.108.22$143,221
Jan 2007020,95050.306.73$140,928
Dec 2006021,51556.656.92$148,850
Nov 2006023,51154.207.62$179,095
Oct 2006022,06654.906.01$132,701
Sep 2006012,29860.085.04$61,947
Aug 2006014,05968.717.34$103,192
Jul 2006016,89269.376.34$107,142
Jun 200609,22566.286.38$58,891
May 2006023,65466.016.42$151,977
Apr 2006024,57264.397.36$180,862
Mar 2006025,40156.707.08$179,913
Feb 2006022,11957.597.75$171,447
Jan 2006022,90560.598.93$204,618
Dec 2005023,05054.9413.42$309,225
Nov 2005023,73554.6910.59$251,316
Oct 2005025,32658.3413.80$349,391
Sep 2005024,14561.4512.08$291,647
Aug 2005025,99261.519.80$254,639
Jul 2005025,87355.697.84$202,939
Jun 2005035,20552.337.38$259,850
May 2005043,43345.226.65$288,880
Apr 2005011,56549.207.36$85,124

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                3,850 Mcf  × $  3.05 =    $11,726

────────────────────────────────────────────────────
Month total                                  $11,726

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/210383 is the state's own key, not one this site invented.