REED UNIT

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) 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 216524District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
Jul 2005 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
251
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 Gas112006-07-31165642
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
CondensateDisposition407 bbl$33,313
GasProduction878,396 Mcf$5,453,452
Total$5,486,765

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 31.4474, -96.3343. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44735, -96.33430 · 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
12,160 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 12,160 ft.

Completions filed
Jul 2005
1 of 1 wells

1 well

42-29331685312,160 ftJul 2005

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 (251)

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

251 months

May 202601,234106.413.05$3,759
Apr 202601,28098.932.87$3,673
Mar 2026096989.753.15$3,052
Feb 2026069963.503.75$2,621
Jan 2026098859.138.00$7,902
Dec 2025084256.664.41$3,716
Nov 2025067158.593.93$2,635
Oct 2025095259.383.30$3,146
Sep 2025079962.743.08$2,458
Aug 202501,10763.933.01$3,337
Jul 2025045566.743.32$1,508
Jun 202501,03866.483.13$3,248
May 202501,25860.553.23$4,066
Apr 202501,19762.363.54$4,241
Mar 202501,43467.704.27$6,121
Feb 202501,06270.884.34$4,610
Jan 202511,27474.324.28$5,525
Dec 2024080468.993.12$2,510
Nov 2024168969.052.20$1,584
Oct 202401,19671.372.28$2,729
Sep 2024311,28969.612.36$5,206
Aug 202401,28875.632.06$2,658
Jul 202401,20879.932.15$2,593
Jun 202401,25278.082.63$3,298
May 202401,25778.812.20$2,763
Apr 202401,24884.451.66$2,071
Mar 202401,34680.301.55$2,080
Feb 202401,22176.091.78$2,178
Jan 202401,04173.023.30$3,433
Dec 2023081871.262.61$2,136
Nov 2023089177.892.81$2,502
Oct 2023088985.443.09$2,745
Sep 202301,43589.042.74$3,925
Aug 202301,95180.522.67$5,215
Jul 202301,74774.852.64$4,615
Jun 202301,50868.962.26$3,406
May 202301,23170.622.23$2,742
Apr 202301,29378.122.24$2,893
Mar 202301,45472.852.39$3,480
Feb 202301,35875.112.47$3,348
Jan 202301,52376.533.39$5,160
Dec 202201,17376.415.73$6,720
Nov 202201,30585.005.65$7,368
Oct 202201,37587.185.86$8,063
Sep 202201,27084.888.16$10,368
Aug 202201,06594.529.13$9,720
Jul 202201,455101.587.54$10,974
Jun 202201,468115.097.98$11,711
May 202201,515109.378.43$12,776
Apr 202201,468104.226.84$10,038
Mar 20220914108.885.08$4,640
Feb 202201,33491.054.86$6,482
Jan 202201,69581.844.54$7,691
Dec 202102,06971.323.90$8,067
Nov 202101,70877.435.24$8,945
Oct 202101,79779.795.71$10,268
Sep 202101,85569.865.35$9,926
Aug 202101,87666.024.22$7,918
Jul 202101,41970.783.98$5,651
Jun 202101,94169.493.38$6,562
May 202101,89563.483.02$5,718
Apr 202102,05360.362.76$5,663
Mar 202102,12761.302.72$5,779
Feb 202101,50257.805.55$8,333
Jan 202102,32550.412.81$6,534
Dec 202002,34544.642.68$6,274
Nov 202001,66238.772.71$4,498
Oct 202002,18236.972.48$5,408
Sep 202002,44137.091.99$4,860
Aug 202002,46439.982.39$5,877
Jul 202001,50838.371.83$2,752
Jun 202002,35334.901.69$3,977
May 202002,11016.921.81$3,829
Apr 202002,02614.751.80$3,656
Mar 202002,60830.341.86$4,841
Feb 202002,72349.881.98$5,393
Jan 202003,00757.252.09$6,299
Dec 201902,86859.012.30$6,609
Nov 201903,53855.302.75$9,732
Oct 201903,10953.472.42$7,519
Sep 201903,74555.052.66$9,952
Aug 201904,20053.112.30$9,678
Jul 201904,89056.272.46$12,030
Jun 201904,96652.782.49$12,371
May 201905,59158.482.74$15,321
Apr 201907,69462.632.75$21,164
Mar 201904656.803.06$141
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 201604942.492.64$130
Oct 2016017946.193.09$553
Sep 201601,40841.553.10$4,366
Aug 201602,05441.442.92$6,007
Jul 201601,94841.622.92$5,697
Jun 201601,45745.352.69$3,913
May 201601,74142.521.99$3,466
Apr 201601,84536.561.99$3,673
Mar 201602,15833.011.79$3,871
Feb 201601,89426.472.06$3,909
Jan 201601,86027.352.36$4,398
Dec 201501,80432.362.00$3,611
Nov 201501,94538.792.17$4,215
Oct 201501,93343.552.43$4,691
Sep 201501,81042.992.76$4,993
Aug 2015151,90440.162.87$6,072
Jul 201502,01948.152.95$5,946
Jun 201501,91456.152.88$5,518
May 201502,19955.212.96$6,499
Apr 201502,13049.822.71$5,765
Mar 201502,32942.892.93$6,835
Feb 201502,06344.662.98$6,140
Jan 201502,14343.433.10$6,645
Dec 201402,40554.693.59$8,637
Nov 201402,40270.464.25$10,213
Oct 201402,44578.303.90$9,538
Sep 201402,09186.164.05$8,459
Aug 201402,26289.394.04$9,127
Jul 201402,62196.564.18$10,955
Jun 201402,87598.164.74$13,619
May 201403,23194.734.73$15,272
Apr 201402,96995.944.81$14,278
Mar 201401,17095.895.06$5,916
Feb 201401,40097.406.19$8,669
Jan 201401,35390.404.86$6,577
Dec 201301,94091.824.35$8,448
Nov 201302,34788.853.74$8,774
Oct 201302,64797.423.78$10,004
Sep 201302,186104.113.72$8,127
Aug 201302,348104.253.52$8,271
Jul 201302,008102.523.72$7,465
Jun 201302,06494.403.93$8,119
May 201302,65794.834.15$11,024
Apr 201312,80293.964.28$12,094
Mar 201312,65493.623.91$10,478
Feb 201302,33491.233.42$7,982
Jan 20131142,77991.603.42$19,946
Dec 201202,63986.773.42$9,026
Nov 201203,20786.953.62$11,625
Oct 201203,17689.383.40$10,797
Sep 201203,03494.672.92$8,854
Aug 201203,28892.662.91$9,562
Jul 201223,39585.133.02$10,426
Jun 201203,22779.822.52$8,129
May 201203,42991.612.49$8,532
Apr 201203,383101.652.00$6,755
Mar 201203,559105.052.22$7,908
Feb 201203,305101.102.57$8,495
Jan 201203,51398.092.73$9,605
Dec 201103,65496.873.24$11,838
Nov 201102,77895.723.31$9,199
Oct 201103,00684.983.65$10,968
Sep 201113,38083.623.99$13,556
Aug 201113,61983.404.15$15,100
Jul 201103,68994.144.52$16,664
Jun 201103,58592.904.64$16,634
May 201103,90398.134.40$17,192
Apr 201103,821105.964.33$16,557
Mar 201103,74796.364.06$15,203
Feb 201103,43485.644.18$14,354
Jan 201104,07486.504.59$18,695
Dec 201004,20985.734.35$18,300
Nov 201013,67480.843.80$14,025
Oct 201003,50678.103.51$12,302
Sep 201013,63972.633.98$14,554
Aug 201004,12873.684.42$18,243
Jul 201013,83472.554.74$18,232
Jun 201014,10970.364.91$20,247
May 201024,16271.124.24$17,769
Apr 201003,96681.694.12$16,351
Mar 201004,23878.394.39$18,599
Feb 201003,54673.585.44$19,299
Jan 201003,57574.365.96$21,322
Dec 200934,20271.445.48$23,257
Nov 200923,93074.593.75$14,893
Oct 200924,23672.544.11$17,556
Sep 200904,05465.543.06$12,425
Aug 200914,89267.423.22$15,812
Jul 200904,96561.133.46$17,201
Jun 200904,91666.163.90$19,148
May 200915,09554.743.93$20,056
Apr 200905,11746.773.59$18,357
Mar 200905,30242.144.06$21,521
Feb 200904,23732.814.63$19,630
Jan 200925,49435.865.37$29,580
Dec 200815,46337.105.98$32,690
Nov 200825,34555.496.86$36,780
Oct 200845,64575.246.92$39,376
Sep 200815,441101.767.88$42,961
Aug 200805,487114.228.48$46,546
Jul 200815,948131.0811.39$67,875
Jun 200845,910131.3313.03$77,548
May 200826,206123.1711.57$72,076
Apr 200835,964110.3110.45$62,684
Mar 200826,273101.909.66$60,827
Feb 200806,16092.538.77$54,027
Jan 200836,61190.388.21$54,519
Dec 200706,72588.337.30$49,106
Nov 200706,59791.677.29$48,103
Oct 20071766,94182.856.92$62,627
Sep 200707,09175.846.24$44,277
Aug 200717,69269.066.39$49,205
Jul 200717,46370.906.39$47,744
Jun 200717,53462.007.55$56,932
May 200718,39958.747.85$65,960
Apr 200708,43759.617.81$65,852
Mar 200708,41056.927.30$61,410
Feb 200707,68855.108.22$63,165
Jan 200708,75350.306.73$58,880
Dec 200608,82656.656.92$61,062
Nov 200608,89754.207.62$67,773
Oct 200619,18054.906.01$55,262
Sep 200619,49160.085.04$47,868
Aug 2006610,24468.717.34$75,602
Jul 200639,67469.376.34$61,568
Jun 2006110,40566.286.38$66,491
May 2006011,50466.016.42$73,913
Apr 2006111,75864.397.36$86,609
Mar 2006012,84056.707.08$90,945
Feb 2006011,94757.597.75$92,603
Jan 2006015,66860.598.93$139,967
Dec 2005116,94954.9413.42$227,433
Nov 2005019,15854.6910.59$202,853
Oct 2005023,66458.3413.80$326,463
Sep 2005028,73861.4512.08$347,126
Aug 2005043,63361.519.80$427,466
Jul 2005518,11455.697.84$142,358

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                1,234 Mcf  × $  3.05 =     $3,759

────────────────────────────────────────────────────
Month total                                   $3,759

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/216524 is the state's own key, not one this site invented.