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 216731District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.0 M
Aug 2005 – May 2026
Value, last 12 filed months
$131 k
at the published price for each month
Months reported
250
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 Gas112008-02-06171106
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
CondensateDisposition319 bbl$17,738
GasProduction1,893,045 Mcf$12,017,143
Total$12,034,881

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 31.4348, -96.2187. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43482, -96.21874 · 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
14,360 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 14,360 ft.

Completions filed
Aug 2005
1 of 1 wells

1 well

42-161332781014,360 ftAug 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 (250)

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

250 months

May 202622,997106.413.05$9,341
Apr 202612,74198.932.87$7,965
Mar 202602,86489.753.15$9,020
Feb 202632,54363.503.75$9,728
Jan 202612,90859.138.00$23,317
Dec 202502,89556.664.41$12,777
Nov 202553,01458.593.93$12,127
Oct 202522,83559.383.30$9,488
Sep 202512,98862.743.08$9,257
Aug 202543,40563.933.01$10,521
Jul 202502,69566.743.32$8,934
Jun 202502,72266.483.13$8,516
May 202502,94960.553.23$9,532
Apr 202513,12662.363.54$11,138
Mar 202513,31067.704.27$14,196
Feb 202503,42170.884.34$14,850
Jan 202502,16474.324.28$9,259
Dec 202402,37968.993.12$7,426
Nov 202402,55669.052.20$5,619
Oct 202402,67871.372.28$6,110
Sep 202402,55969.612.36$6,050
Aug 202402,37975.632.06$4,909
Jul 202402,62879.932.15$5,641
Jun 202413,20778.082.63$8,525
May 202413,42978.812.20$7,617
Apr 202413,44184.451.66$5,794
Mar 202403,73280.301.55$5,766
Feb 202403,93476.091.78$7,017
Jan 202405,33973.023.30$17,606
Dec 202304,15271.262.61$10,840
Nov 202302,73077.892.81$7,665
Oct 202302,66885.443.09$8,237
Sep 202302,81889.042.74$7,707
Aug 202302,90680.522.67$7,767
Jul 202302,74474.852.64$7,249
Jun 202302,67768.962.26$6,046
May 202303,22370.622.23$7,179
Apr 202303,07778.122.24$6,886
Mar 202302,95872.852.39$7,079
Feb 202303,17975.112.47$7,838
Jan 202303,39676.533.39$11,505
Dec 202203,47976.415.73$19,931
Nov 202203,14685.005.65$17,763
Oct 202203,23987.185.86$18,993
Sep 202202,62784.888.16$21,446
Aug 202203,16994.529.13$28,924
Jul 202203,452101.587.54$26,035
Jun 202203,425115.097.98$27,322
May 202203,811109.378.43$32,138
Apr 202203,006104.226.84$20,554
Mar 202203,056108.885.08$15,513
Feb 202203,03791.054.86$14,756
Jan 202202,88481.844.54$13,087
Dec 202103,36171.323.90$13,105
Nov 202103,46777.435.24$18,156
Oct 202103,30379.795.71$18,873
Sep 202103,27569.865.35$17,524
Aug 202103,31766.024.22$14,000
Jul 202102,66670.783.98$10,616
Jun 202102,67269.493.38$9,033
May 202103,14863.483.02$9,500
Apr 202103,27160.362.76$9,023
Mar 202103,36561.302.72$9,143
Feb 202102,73057.805.55$15,146
Jan 202103,46050.412.81$9,724
Dec 202003,64044.642.68$9,739
Nov 202003,55738.772.71$9,627
Oct 202003,75236.972.48$9,299
Sep 202003,60837.091.99$7,184
Aug 202003,88939.982.39$9,276
Jul 202003,89238.371.83$7,103
Jun 202003,58734.901.69$6,063
May 202003,95616.921.81$7,179
Apr 202003,65014.751.80$6,586
Mar 202003,75230.341.86$6,965
Feb 202003,62549.881.98$7,180
Jan 202003,47057.252.09$7,269
Dec 201903,96159.012.30$9,128
Nov 201903,85355.302.75$10,598
Oct 201904,22653.472.42$10,221
Sep 201904,19555.052.66$11,147
Aug 201904,55553.112.30$10,496
Jul 201903,63156.272.46$8,932
Jun 201904,24352.782.49$10,570
May 201904,64458.482.74$12,726
Apr 201904,52362.632.75$12,441
Mar 201904,74156.803.06$14,517
Feb 201904,45350.852.79$12,434
Jan 201904,84846.033.23$15,650
Dec 201805,02346.594.19$21,023
Nov 201805,22652.934.24$22,144
Oct 201803,56961.443.40$12,128
Sep 201803,79859.543.11$11,804
Aug 201804,24859.403.07$13,027
Jul 201803,36165.142.93$9,854
Jun 201804,35960.183.08$13,412
May 201804,81065.382.90$13,953
Apr 201805,14363.842.90$14,919
Mar 201806,16161.222.79$17,170
Feb 201807,40061.782.77$20,469
Jan 2018067662.874.01$2,710
Dec 2017087257.272.92$2,548
Nov 2017087455.423.12$2,725
Oct 2017089349.292.98$2,664
Sep 2017094547.523.09$2,917
Aug 201701,20445.373.00$3,617
Jul 201701,16943.873.09$3,609
Jun 201701,14942.493.09$3,547
May 201701,31445.373.26$4,288
Apr 201702,38247.933.21$7,650
Mar 20171093,35346.772.98$15,102
Feb 201702,61050.452.95$7,706
Jan 201701,95449.413.42$6,680
Dec 201601,77048.763.72$6,589
Nov 201602,37642.492.64$6,283
Oct 201602,53146.193.09$7,821
Sep 201602,69241.553.10$8,347
Aug 201603,51341.442.92$10,273
Jul 201603,83241.622.92$11,206
Jun 201603,98445.352.69$10,700
May 201604,30242.521.99$8,565
Apr 201603,96336.561.99$7,890
Mar 201604,08533.011.79$7,329
Feb 201603,84126.472.06$7,926
Jan 201604,14327.352.36$9,796
Dec 201504,12432.362.00$8,254
Nov 201504,25038.792.17$9,211
Oct 201504,43743.552.43$10,767
Sep 201504,55442.992.76$12,562
Aug 201504,06440.162.87$11,674
Jul 201503,84248.152.95$11,315
Jun 201503,92256.152.88$11,307
May 201504,09855.212.96$12,111
Apr 201504,32249.822.71$11,698
Mar 201503,64942.892.93$10,709
Feb 201504,42644.662.98$13,173
Jan 201503,87243.433.10$12,006
Dec 201404,88754.693.59$17,551
Nov 201405,32970.464.25$22,658
Oct 201404,78378.303.90$18,658
Sep 201402,54186.164.05$10,279
Aug 201402,83489.394.04$11,436
Jul 201403,19796.564.18$13,362
Jun 201404,27398.164.74$20,241
May 201403,94894.734.73$18,660
Apr 201404,49395.944.81$21,607
Mar 201404,92895.895.06$24,920
Feb 201404,01497.406.19$24,855
Jan 201404,75390.404.86$23,103
Dec 201304,84291.824.35$21,084
Nov 201304,68588.853.74$17,514
Oct 201305,18397.423.78$19,588
Sep 201304,894104.113.72$18,195
Aug 201305,235104.253.52$18,441
Jul 201304,856102.523.72$18,053
Jun 201304,90494.403.93$19,289
May 201304,77394.834.15$19,804
Apr 201305,29293.964.28$22,663
Mar 201305,68793.623.91$22,252
Feb 201305,15791.233.42$17,636
Jan 201305,79991.603.42$19,832
Dec 201205,83886.773.42$19,967
Nov 201205,70286.953.62$20,670
Oct 201205,90189.383.40$20,062
Sep 201205,64094.672.92$16,460
Aug 201205,91092.662.91$17,187
Jul 201206,03485.133.02$18,228
Jun 201205,93679.822.52$14,953
May 201206,19291.612.49$15,408
Apr 201206,089101.652.00$12,159
Mar 201206,318105.052.22$14,039
Feb 201206,039101.102.57$15,522
Jan 201206,52698.092.73$17,843
Dec 201106,58496.873.24$21,330
Nov 201105,89895.723.31$19,530
Oct 201106,74784.983.65$24,617
Sep 201106,75383.623.99$26,916
Aug 201106,99483.404.15$29,020
Jul 201107,31594.144.52$33,044
Jun 201106,68392.904.64$31,008
May 201107,60698.134.40$33,503
Apr 201106,696105.964.33$29,016
Mar 201106,16896.364.06$25,026
Feb 201105,67085.644.18$23,700
Jan 201106,60086.504.59$30,286
Dec 201006,63285.734.35$28,834
Nov 201006,96480.843.80$26,431
Oct 201006,37878.103.51$22,380
Sep 201006,66172.633.98$26,507
Aug 201007,08573.684.42$31,311
Jul 201007,26972.554.74$34,430
Jun 201007,37370.364.91$36,204
May 201007,67271.124.24$32,493
Apr 201006,87481.694.12$28,339
Mar 201007,60778.394.39$33,385
Feb 201016,78273.585.44$36,984
Jan 201007,08974.365.96$42,279
Dec 200907,37271.445.48$40,426
Nov 200907,50574.593.75$28,155
Oct 200907,87972.544.11$32,385
Sep 200906,95165.543.06$21,303
Aug 200907,70567.423.22$24,799
Jul 200907,88661.133.46$27,321
Jun 200907,90866.163.90$30,802
May 200907,43654.743.93$29,192
Apr 200907,92546.773.59$28,431
Mar 200908,13242.144.06$33,008
Feb 200917,60132.814.63$35,248
Jan 200918,45935.865.37$45,469
Dec 200808,66537.105.98$51,792
Nov 200808,49855.496.86$58,299
Oct 200818,94675.246.92$61,999
Sep 200809,069101.767.88$71,437
Aug 200809,213114.228.48$78,154
Jul 200809,502131.0811.39$108,222
Jun 200819,266131.3313.03$120,892
May 200809,817123.1711.57$113,625
Apr 200819,744110.3110.45$101,982
Mar 2008110,099101.909.66$97,699
Feb 2008010,11692.538.77$88,723
Jan 2008011,57390.388.21$94,965
Dec 2007111,73088.337.30$85,740
Nov 2007011,69291.677.29$85,255
Oct 2007012,05982.856.92$83,472
Sep 2007011,77775.846.24$73,537
Aug 2007013,56269.066.39$86,633
Jul 2007013,18970.906.39$84,251
Jun 2007214,27462.007.55$107,871
May 2007016,63058.747.85$130,484
Apr 2007020,03759.617.81$156,393
Mar 2007021,44256.927.30$156,569
Feb 2007021,64555.108.22$177,835
Jan 2007225,95750.306.73$174,709
Dec 2006428,21656.656.92$195,437
Nov 20061631,62854.207.62$241,793
Oct 2006626,57954.906.01$160,170
Sep 2006521,17960.085.04$106,983
Aug 2006225,83068.717.34$189,728
Jul 2006229,94069.376.34$190,041
Jun 2006128,63166.286.38$182,843
May 2006236,60766.016.42$235,332
Apr 20061039,06164.397.36$288,152
Mar 2006546,77956.707.08$331,615
Feb 2006334,70657.597.75$269,183
Jan 20061048,29060.598.93$431,996
Dec 20052256,48254.9413.42$758,937
Nov 20053266,68354.6910.59$707,816
Oct 20052549,66458.3413.80$686,611
Sep 200529110,69661.4512.08$1,338,879
Aug 200503,23361.519.80$31,673

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             2 bbl  × $106.41 =       $213
Gas                2,997 Mcf  × $  3.05 =     $9,128

────────────────────────────────────────────────────
Month total                                   $9,341

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/216731 is the state's own key, not one this site invented.