REED "E" GAS UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BEAR GRASS (COTTON VALLEY CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 212492District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.9 M
Jun 2005 – May 2026
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
252
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 385 leases and 385 wells, and the rule below applies to all of them.

Discovered
2004-02-24
as the register files it
Field class
Gas
the register's own label
Between wells
0 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 2010-12-14.

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: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112006-02-10164393
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
CondensateDisposition872 bbl$60,996
GasProduction1,740,332 Mcf$10,861,831
Total$10,922,827

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 31.4344, -96.2257. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43445, -96.22569 · 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
14,305 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 14,305 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-16133108914,305 ftNov 2008

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 (252)

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

252 months

May 202611,081106.413.05$3,399
Apr 2026130298.932.87$966
Mar 2026043789.753.15$1,376
Feb 2026042663.503.75$1,598
Jan 2026047059.138.00$3,759
Dec 2025066856.664.41$2,948
Nov 2025034758.593.93$1,362
Oct 2025043259.383.30$1,428
Sep 2025043462.743.08$1,335
Aug 2025148163.933.01$1,514
Jul 2025063566.743.32$2,105
Jun 2025052366.483.13$1,636
May 2025053960.553.23$1,742
Apr 2025047262.363.54$1,672
Mar 2025047467.704.27$2,023
Feb 2025050170.884.34$2,175
Jan 2025045874.324.28$1,960
Dec 2024046168.993.12$1,439
Nov 2024038569.052.20$846
Oct 2024031971.372.28$728
Sep 20240469.612.36$9
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 202401080.301.55$15
Feb 20240976.091.78$16
Jan 202407273.023.30$237
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202306285.443.09$191
Sep 20230089.042.74$0
Aug 202304480.522.67$118
Jul 20230074.852.64$0
Jun 2023086868.962.26$1,960
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023087472.852.39$2,092
Feb 202303,99975.112.47$9,860
Jan 202304,26276.533.39$14,438
Dec 202203,24376.415.73$18,579
Nov 202203,67285.005.65$20,733
Oct 202203,14287.185.86$18,424
Sep 202203,20784.888.16$26,181
Aug 202202,74894.529.13$25,081
Jul 202201,391101.587.54$10,491
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20220964108.885.08$4,894
Feb 20220091.054.86$0
Jan 202203,24381.844.54$14,716
Dec 202102,35171.323.90$9,167
Nov 202102,64077.435.24$13,825
Oct 2021064079.795.71$3,657
Sep 2021045169.865.35$2,413
Aug 2021027666.024.22$1,165
Jul 2021036570.783.98$1,453
Jun 2021037469.493.38$1,264
May 2021034363.483.02$1,035
Apr 2021076360.362.76$2,105
Mar 202101,09561.302.72$2,975
Feb 202101,65057.805.55$9,154
Jan 202101,06250.412.81$2,985
Dec 202003544.642.68$94
Nov 202008738.772.71$235
Oct 2020011936.972.48$295
Sep 2020010437.091.99$207
Aug 2020010739.982.39$255
Jul 2020017138.371.83$312
Jun 2020030634.901.69$517
May 2020025016.921.81$454
Apr 2020027814.751.80$502
Mar 2020023030.341.86$427
Feb 2020023949.881.98$473
Jan 2020024857.252.09$520
Dec 2019032159.012.30$740
Nov 2019023355.302.75$641
Oct 2019012753.472.42$307
Sep 2019026855.052.66$712
Aug 2019033253.112.30$765
Jul 2019038156.272.46$937
Jun 2019027252.782.49$678
May 2019034958.482.74$956
Apr 201901,15462.632.75$3,174
Mar 201901,17356.803.06$3,592
Feb 201901,16250.852.79$3,245
Jan 201901,10846.033.23$3,577
Dec 201801,23946.594.19$5,186
Nov 201801,55052.934.24$6,568
Oct 201801,81561.443.40$6,168
Sep 201801,29459.543.11$4,022
Aug 2018065259.403.07$1,999
Jul 201801,34065.142.93$3,929
Jun 201801,18860.183.08$3,655
May 201801,31965.382.90$3,826
Apr 201802,01763.842.90$5,851
Mar 201801,53561.222.79$4,278
Feb 201801,94661.782.77$5,383
Jan 201802,70462.874.01$10,841
Dec 201702,54757.272.92$7,441
Nov 201702,51855.423.12$7,852
Oct 201702,38849.292.98$7,125
Sep 201702,83647.523.09$8,756
Aug 201702,56945.373.00$7,718
Jul 201702,69143.873.09$8,308
Jun 201702,94942.493.09$9,104
May 201702,44445.373.26$7,976
Apr 201702,47347.933.21$7,942
Mar 201702,76246.772.98$8,241
Feb 201702,23050.452.95$6,584
Jan 201703,47149.413.42$11,867
Dec 201602,99748.763.72$11,157
Nov 201602,91142.492.64$7,698
Oct 201603,17346.193.09$9,805
Sep 201603,60041.553.10$11,162
Aug 201602,72841.442.92$7,978
Jul 201603,51441.622.92$10,276
Jun 201603,08545.352.69$8,286
May 201603,16942.521.99$6,310
Apr 201603,82336.561.99$7,612
Mar 201603,96433.011.79$7,111
Feb 201603,25926.472.06$6,725
Jan 201604,28327.352.36$10,127
Dec 201503,43432.362.00$6,873
Nov 201504,14838.792.17$8,990
Oct 201504,49443.552.43$10,905
Sep 201504,02742.992.76$11,108
Aug 201504,13040.162.87$11,863
Jul 201504,13348.152.95$12,172
Jun 201504,21256.152.88$12,143
May 201504,37155.212.96$12,918
Apr 201504,36349.822.71$11,809
Mar 201504,80542.892.93$14,101
Feb 201504,50144.662.98$13,396
Jan 201504,81143.433.10$14,917
Dec 201404,70054.693.59$16,879
Nov 201404,76470.464.25$20,256
Oct 201404,91178.303.90$19,158
Sep 201405,03786.164.05$20,377
Aug 201405,22489.394.04$21,079
Jul 201405,31396.564.18$22,206
Jun 201405,23798.164.74$24,807
May 201405,26194.734.73$24,866
Apr 201405,14295.944.81$24,729
Mar 201405,27695.895.06$26,680
Feb 201405,00997.406.19$31,016
Jan 201405,36090.404.86$26,053
Dec 201305,33491.824.35$23,227
Nov 20131845,68988.853.74$37,615
Oct 201306,34797.423.78$23,988
Sep 201306,334104.113.72$23,548
Aug 201306,597104.253.52$23,239
Jul 201306,696102.523.72$24,894
Jun 201306,59794.403.93$25,949
May 201305,92694.834.15$24,587
Apr 201306,49093.964.28$27,794
Mar 201306,67493.623.91$26,114
Feb 201306,23491.233.42$21,320
Jan 201306,31691.603.42$21,600
Dec 201206,52486.773.42$22,313
Nov 201206,27786.953.62$22,754
Oct 201206,50589.383.40$22,115
Sep 201205,79594.672.92$16,912
Aug 201207,30692.662.91$21,247
Jul 201208,19185.133.02$24,743
Jun 201206,45079.822.52$16,248
May 201208,36791.612.49$20,820
Apr 201208,089101.652.00$16,152
Mar 201208,738105.052.22$19,417
Feb 201207,065101.102.57$18,159
Jan 201207,41598.092.73$20,273
Dec 201107,72596.873.24$25,027
Nov 201107,44995.723.31$24,666
Oct 201108,22284.983.65$29,998
Sep 201108,64283.623.99$34,445
Aug 201108,63983.404.15$35,846
Jul 201108,10594.144.52$36,612
Jun 201108,63292.904.64$40,051
May 201107,45098.134.40$32,816
Apr 201109,120105.964.33$39,520
Mar 201109,78196.364.06$39,685
Feb 201108,20985.644.18$34,313
Jan 201109,49586.504.59$43,570
Dec 2010011,15485.734.35$48,495
Nov 201008,25980.843.80$31,346
Oct 201009,91578.103.51$34,791
Sep 201016510,83472.633.98$55,098
Aug 2010011,84773.684.42$52,356
Jul 2010012,57372.554.74$59,552
Jun 2010012,87070.364.91$63,197
May 2010013,86871.124.24$58,734
Apr 2010014,14081.694.12$58,295
Mar 2010015,38178.394.39$67,502
Feb 2010314,41073.585.44$78,645
Jan 2010717,08174.365.96$102,393
Dec 2009017,39971.445.48$95,412
Nov 2009016,65574.593.75$62,481
Oct 2009016,39072.544.11$67,367
Sep 200918414,43565.543.06$56,299
Aug 2009014,14667.423.22$45,529
Jul 2009014,22261.133.46$49,272
Jun 2009113,57566.163.90$52,941
May 200908,92354.743.93$35,029
Apr 20092246.773.59$101
Mar 20090042.144.06$0
Feb 2009320,43832.814.63$94,788
Jan 20091141,18635.865.37$221,604
Dec 2008066,87837.105.98$399,739
Nov 2008031,99855.496.86$219,518
Oct 200803275.246.92$222
Sep 200827,031101.767.88$55,587
Aug 200807,563114.228.48$64,157
Jul 200806,683131.0811.39$76,116
Jun 200816,400131.3313.03$83,540
May 200816,988123.1711.57$81,004
Apr 200837,198110.3110.45$75,585
Mar 200817,598101.909.66$73,530
Feb 200817,25192.538.77$63,688
Jan 200838,48190.388.21$69,864
Dec 200768,94988.337.30$65,875
Nov 200778,86491.677.29$65,275
Oct 200769,12082.856.92$63,626
Sep 200758,74575.846.24$54,984
Aug 200719,17669.066.39$58,685
Jul 200719,62270.906.39$61,536
Jun 200708,86462.007.55$66,909
May 200709,13158.747.85$71,644
Apr 2007010,46859.617.81$81,705
Mar 2007012,02756.927.30$87,821
Feb 2007010,21955.108.22$83,959
Jan 2007211,87150.306.73$79,955
Dec 2006112,89456.656.92$89,263
Nov 2006614,01154.207.62$107,054
Oct 2006615,26054.906.01$92,100
Sep 2006415,41560.085.04$77,889
Aug 2006216,22768.717.34$119,242
Jul 2006526,90569.376.34$170,999
Jun 2006322,92466.286.38$146,543
May 20061125,24166.016.42$162,900
Apr 2006830,13364.397.36$222,308
Mar 2006735,74156.707.08$253,548
Feb 20061035,61357.597.75$276,617
Jan 20061443,20460.598.93$386,803
Dec 20053346,58054.9413.42$626,702
Nov 20051334,88354.6910.59$370,066
Oct 2005842,97058.3413.80$593,271
Sep 20051542,40561.4512.08$513,132
Aug 20051952,03261.519.80$510,918
Jul 20055372,57555.697.84$572,204
Jun 20055114,66552.337.38$110,912

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             1 bbl  × $106.41 =       $106
Gas                1,081 Mcf  × $  3.05 =     $3,293

────────────────────────────────────────────────────
Month total                                   $3,399

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/212492 is the state's own key, not one this site invented.