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 210651District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.9 M
Mar 2005 – May 2026
Value, last 12 filed months
$33 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 Gas112005-12-27163117
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
CondensateDisposition766 bbl$51,461
GasProduction1,711,710 Mcf$10,799,597
Total$10,851,058

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 31.4666, -96.3325. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46661, -96.33254 · 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
12,820 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 12,820 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-29331624512,820 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 20260753106.413.05$2,294
Apr 2026073698.932.87$2,112
Mar 2026077289.753.15$2,431
Feb 2026069963.503.75$2,621
Jan 2026074859.138.00$5,982
Dec 2025077256.664.41$3,407
Nov 2025073258.593.93$2,874
Oct 2025081059.383.30$2,677
Sep 2025071362.743.08$2,194
Aug 2025067063.933.01$2,020
Jul 2025079266.743.32$2,626
Jun 2025063166.483.13$1,974
May 2025063860.553.23$2,062
Apr 2025062862.363.54$2,225
Mar 2025059167.704.27$2,523
Feb 2025051370.884.34$2,227
Jan 2025058974.324.28$2,520
Dec 2024049968.993.12$1,558
Nov 2024037669.052.20$827
Oct 2024055971.372.28$1,275
Sep 2024043269.612.36$1,021
Aug 2024045575.632.06$939
Jul 2024043479.932.15$932
Jun 2024044278.082.63$1,164
May 2024045478.812.20$998
Apr 2024037984.451.66$629
Mar 2024038880.301.55$600
Feb 2024035176.091.78$626
Jan 2024043273.023.30$1,425
Dec 2023065671.262.61$1,713
Nov 2023058977.892.81$1,654
Oct 202301,26285.443.09$3,896
Sep 2023026289.042.74$717
Aug 2023028380.522.67$756
Jul 2023040374.852.64$1,065
Jun 2023037368.962.26$842
May 2023044170.622.23$982
Apr 2023052978.122.24$1,184
Mar 2023040772.852.39$974
Feb 2023047375.112.47$1,166
Jan 2023048776.533.39$1,650
Dec 2022060876.415.73$3,483
Nov 2022046785.005.65$2,637
Oct 2022053387.185.86$3,125
Sep 2022036884.888.16$3,004
Aug 2022036994.529.13$3,368
Jul 20220448101.587.54$3,379
Jun 20220314115.097.98$2,505
May 20220279109.378.43$2,353
Apr 20220126104.226.84$862
Mar 2022030108.885.08$152
Feb 202202091.054.86$97
Jan 202205281.844.54$236
Dec 2021033471.323.90$1,302
Nov 2021031277.435.24$1,634
Oct 2021037179.795.71$2,120
Sep 2021022369.865.35$1,193
Aug 2021030566.024.22$1,287
Jul 2021030070.783.98$1,195
Jun 2021042169.493.38$1,423
May 202101,28463.483.02$3,875
Apr 2021039760.362.76$1,095
Mar 2021059261.302.72$1,608
Feb 2021054057.805.55$2,996
Jan 2021088950.412.81$2,498
Dec 2020060444.642.68$1,616
Nov 2020046538.772.71$1,259
Oct 2020054236.972.48$1,343
Sep 2020052437.091.99$1,043
Aug 2020051539.982.39$1,228
Jul 2020045738.371.83$834
Jun 2020035834.901.69$605
May 2020041716.921.81$757
Apr 2020048414.751.80$873
Mar 2020033430.341.86$620
Feb 2020036449.881.98$721
Jan 2020023457.252.09$490
Dec 2019031759.012.30$730
Nov 201903155.302.75$85
Oct 2019051353.472.42$1,241
Sep 2019044255.052.66$1,175
Aug 2019034553.112.30$795
Jul 2019048356.272.46$1,188
Jun 2019019652.782.49$488
May 201901058.482.74$27
Apr 201901562.632.75$41
Mar 201902556.803.06$77
Feb 201902650.852.79$73
Jan 2019017946.033.23$578
Dec 2018060346.594.19$2,524
Nov 2018043052.934.24$1,822
Oct 201801,83761.443.40$6,242
Sep 201802,88459.543.11$8,963
Aug 201803,34959.403.07$10,270
Jul 201803,56465.142.93$10,449
Jun 201803,38160.183.08$10,403
May 201803,33265.382.90$9,665
Apr 201803,30863.842.90$9,596
Mar 201803,34261.222.79$9,314
Feb 201803,16761.782.77$8,760
Jan 201803,72462.874.01$14,931
Dec 201704,46657.272.92$13,048
Nov 201701,74855.423.12$5,451
Oct 2017044049.292.98$1,313
Sep 2017076847.523.09$2,371
Aug 201701,08545.373.00$3,260
Jul 2017024543.873.09$756
Jun 201702,63542.493.09$8,135
May 201703,24845.373.26$10,600
Apr 201703,18847.933.21$10,239
Mar 201703,71146.772.98$11,072
Feb 201702,80550.452.95$8,282
Jan 201703,03549.413.42$10,376
Dec 201602,69948.763.72$10,048
Nov 201604,95642.492.64$13,105
Oct 201605,18446.193.09$16,020
Sep 201605,28341.553.10$16,381
Aug 201605,26841.442.92$15,405
Jul 201604,58341.622.92$13,402
Jun 201604,23045.352.69$11,361
May 201602,28142.521.99$4,542
Apr 201603,21236.561.99$6,395
Mar 201603,46633.011.79$6,218
Feb 201603,34326.472.06$6,899
Jan 201603,76127.352.36$8,892
Dec 201503,78032.362.00$7,565
Nov 201503,63238.792.17$7,872
Oct 201503,67243.552.43$8,910
Sep 201503,77442.992.76$10,410
Aug 201503,76840.162.87$10,824
Jul 201503,96448.152.95$11,674
Jun 201503,43156.152.88$9,891
May 201503,55055.212.96$10,492
Apr 201502,92649.822.71$7,919
Mar 201503,01542.892.93$8,848
Feb 201502,69344.662.98$8,015
Jan 201502,87943.433.10$8,927
Dec 201402,34354.693.59$8,415
Nov 201401,91470.464.25$8,138
Oct 201403,60178.303.90$14,047
Sep 2014833,41786.164.05$20,975
Aug 201403,65589.394.04$14,748
Jul 201403,60596.564.18$15,067
Jun 201404,05498.164.74$19,203
May 201403,19594.734.73$15,101
Apr 201403,70095.944.81$17,794
Mar 201403,86295.895.06$19,529
Feb 201403,52597.406.19$21,827
Jan 201403,98490.404.86$19,365
Dec 201304,01291.824.35$17,470
Nov 201304,00188.853.74$14,957
Oct 201304,26297.423.78$16,108
Sep 201303,897104.113.72$14,488
Aug 201303,811104.253.52$13,425
Jul 201304,284102.523.72$15,927
Jun 201304,21594.403.93$16,579
May 201304,44694.834.15$18,447
Apr 201304,37993.964.28$18,753
Mar 201304,58293.623.91$17,929
Feb 201304,21691.233.42$14,418
Jan 201304,73591.603.42$16,193
Dec 201204,79286.773.42$16,389
Nov 201204,73186.953.62$17,150
Oct 201204,98289.383.40$16,937
Sep 201204,87194.672.92$14,216
Aug 201205,10692.662.91$14,849
Jul 201205,43585.133.02$16,418
Jun 201204,58579.822.52$11,550
May 201205,26491.612.49$13,099
Apr 201205,216101.652.00$10,415
Mar 201205,151105.052.22$11,446
Feb 201205,072101.102.57$13,036
Jan 201205,53998.092.73$15,144
Dec 201105,61496.873.24$18,188
Nov 201105,58495.723.31$18,490
Oct 201105,81884.983.65$21,227
Sep 201105,79783.623.99$23,106
Aug 201106,16683.404.15$25,585
Jul 201106,32194.144.52$28,553
Jun 201105,92192.904.64$27,473
May 201106,61898.134.40$29,151
Apr 201106,516105.964.33$28,236
Mar 201106,82696.364.06$27,695
Feb 201106,00585.644.18$25,101
Jan 201106,76086.504.59$31,020
Dec 201006,89785.734.35$29,986
Nov 201006,96680.843.80$26,438
Oct 201007,41578.103.51$26,018
Sep 201007,56272.633.98$30,093
Aug 201008,17673.684.42$36,133
Jul 201008,39972.554.74$39,782
Jun 201007,88270.364.91$38,704
May 201006,52171.124.24$27,618
Apr 201001,92181.694.12$7,920
Mar 201003,47978.394.39$15,268
Feb 201003,28873.585.44$17,894
Jan 201004,16674.365.96$24,846
Dec 200904,72471.445.48$25,905
Nov 200905,02474.593.75$18,848
Oct 200904,90972.544.11$20,177
Sep 200907,54365.543.06$23,117
Aug 200907,72067.423.22$24,847
Jul 2009012,55961.133.46$43,511
Jun 200917612,62066.163.90$60,799
May 2009013,05754.743.93$51,259
Apr 2009012,91346.773.59$46,325
Mar 2009013,32642.144.06$54,090
Feb 2009012,90632.814.63$59,794
Jan 2009014,77635.865.37$79,362
Dec 2008014,83937.105.98$88,695
Nov 2008014,44055.496.86$99,064
Oct 2008015,69475.246.92$108,634
Sep 2008016,095101.767.88$126,782
Aug 2008018,179114.228.48$154,213
Jul 200809,606131.0811.39$109,407
Jun 2008011,261131.3313.03$146,760
May 2008015,792123.1711.57$182,781
Apr 2008016,482110.3110.45$172,317
Mar 2008016,519101.909.66$159,641
Feb 2008017,88292.538.77$156,836
Jan 2008014,15290.388.21$116,127
Dec 2007016,06888.337.30$117,328
Nov 2007018,22991.677.29$132,920
Oct 2007020,93382.856.92$144,898
Sep 200714922,74275.846.24$153,305
Aug 200717920,13769.066.39$140,996
Jul 2007022,68570.906.39$144,910
Jun 2007023,12162.007.55$174,528
May 2007024,87458.747.85$195,168
Apr 2007023,89059.617.81$186,466
Mar 2007025,79456.927.30$188,347
Feb 2007023,89255.108.22$196,297
Jan 200717926,14550.306.73$184,877
Dec 2006031,84156.656.92$220,290
Nov 2006034,40154.207.62$262,049
Oct 2006037,25254.906.01$224,026
Sep 2006040,08860.085.04$201,931
Aug 2006042,88468.717.34$314,765
Jul 2006044,47769.376.34$282,107
Jun 2006035,94266.286.38$229,449
May 2006035,88666.016.42$230,568
Apr 2006025,59964.397.36$188,421
Mar 2006038,42656.707.08$272,168
Feb 200607,29157.597.75$56,513
Jan 2006017,38460.598.93$155,297
Dec 2005016,39854.9413.42$219,986
Nov 2005016,26954.6910.59$172,263
Oct 2005022,77658.3413.80$314,212
Sep 2005023,77461.4512.08$287,166
Aug 2005027,04261.519.80$264,926
Jul 2005033,56055.697.84$263,233
Jun 2005031,35452.337.38$231,425
May 2005040,82845.226.65$271,554
Apr 2005047,05549.207.36$346,347
Mar 2005033850.377.15$2,418

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                  753 Mcf  × $  3.05 =     $2,294

────────────────────────────────────────────────────
Month total                                   $2,294

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/210651 is the state's own key, not one this site invented.