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 217010District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.4 M
Nov 2005 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
247
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 Gas112006-08-21166407
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
CondensateDisposition420 bbl$36,906
GasProduction1,748,759 Mcf$11,387,224
Total$11,424,130

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 31.4571, -96.3325. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45710, -96.33250 · 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
13,100 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 13,100 ft.

Completions filed
Jul 2006
1 of 1 wells

1 well

42-293316701013,100 ftJul 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 (247)

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

247 months

May 20260235106.413.05$716
Apr 2026025598.932.87$732
Mar 2026024889.753.15$781
Feb 2026025463.503.75$953
Jan 2026027059.138.00$2,159
Dec 2025030556.664.41$1,346
Nov 2025032458.593.93$1,272
Oct 2025045659.383.30$1,507
Sep 2025053162.743.08$1,634
Aug 2025046663.933.01$1,405
Jul 2025040766.743.32$1,349
Jun 2025026166.483.13$817
May 2025022560.553.23$727
Apr 2025028662.363.54$1,013
Mar 2025035767.704.27$1,524
Feb 2025036470.884.34$1,580
Jan 2025042174.324.28$1,801
Dec 2024042768.993.12$1,333
Nov 2024047169.052.20$1,035
Oct 2024054271.372.28$1,237
Sep 2024036469.612.36$861
Aug 2024025175.632.06$518
Jul 2024015179.932.15$324
Jun 2024019478.082.63$511
May 2024025778.812.20$565
Apr 2024029284.451.66$484
Mar 2024026780.301.55$413
Feb 2024021576.091.78$383
Jan 2024029973.023.30$986
Dec 2023035371.262.61$922
Nov 2023037477.892.81$1,050
Oct 2023042585.443.09$1,312
Sep 2023039789.042.74$1,086
Aug 2023045180.522.67$1,205
Jul 2023031774.852.64$837
Jun 2023023668.962.26$533
May 2023025770.622.23$572
Apr 2023024578.122.24$548
Mar 2023025272.852.39$603
Feb 2023025675.112.47$631
Jan 2023029176.533.39$986
Dec 2022017476.415.73$997
Nov 2022019785.005.65$1,112
Oct 2022021287.185.86$1,243
Sep 2022018184.888.16$1,478
Aug 2022019194.529.13$1,743
Jul 20220368101.587.54$2,775
Jun 20220537115.097.98$4,284
May 20220860109.378.43$7,252
Apr 202201,105104.226.84$7,556
Mar 202201,001108.885.08$5,081
Feb 2022075691.054.86$3,673
Jan 2022089981.844.54$4,079
Dec 2021072271.323.90$2,815
Nov 2021090477.435.24$4,734
Oct 202101,01079.795.71$5,771
Sep 202101,08169.865.35$5,784
Aug 202101,18566.024.22$5,001
Jul 202101,22970.783.98$4,894
Jun 202101,37469.493.38$4,645
May 202101,96663.483.02$5,933
Apr 202101,90560.362.76$5,255
Mar 202101,97861.302.72$5,374
Feb 202101,28057.805.55$7,101
Jan 202101,06950.412.81$3,004
Dec 2020098944.642.68$2,646
Nov 2020092938.772.71$2,514
Oct 2020092536.972.48$2,293
Sep 2020077837.091.99$1,549
Aug 2020084139.982.39$2,006
Jul 2020069638.371.83$1,270
Jun 2020079134.901.69$1,337
May 2020080716.921.81$1,465
Apr 2020078014.751.80$1,407
Mar 2020067930.341.86$1,260
Feb 2020070549.881.98$1,396
Jan 2020082757.252.09$1,732
Dec 201901,00859.012.30$2,323
Nov 2019065755.302.75$1,807
Oct 2019080653.472.42$1,949
Sep 2019077855.052.66$2,067
Aug 2019084053.112.30$1,936
Jul 201901,10656.272.46$2,721
Jun 2019079252.782.49$1,973
May 201901,04358.482.74$2,858
Apr 201901,17862.632.75$3,240
Mar 201901,03656.803.06$3,172
Feb 2019091750.852.79$2,560
Jan 2019094046.033.23$3,034
Dec 201801,02946.594.19$4,307
Nov 201801,18752.934.24$5,030
Oct 201801,29061.443.40$4,384
Sep 201801,35859.543.11$4,221
Aug 201801,27759.403.07$3,916
Jul 201801,67165.142.93$4,899
Jun 201801,33160.183.08$4,095
May 201801,13865.382.90$3,301
Apr 201801,36663.842.90$3,962
Mar 201801,44961.222.79$4,038
Feb 201801,31961.782.77$3,649
Jan 201801,57862.874.01$6,327
Dec 201701,68757.272.92$4,929
Nov 201701,69055.423.12$5,270
Oct 201701,64049.292.98$4,893
Sep 201701,80147.523.09$5,560
Aug 201701,83445.373.00$5,510
Jul 201701,73643.873.09$5,360
Jun 201701,63242.493.09$5,038
May 201701,77845.373.26$5,802
Apr 201702,27047.933.21$7,290
Mar 201703,65946.772.98$10,917
Feb 201701,81150.452.95$5,347
Jan 201701,78349.413.42$6,096
Dec 201601,84448.763.72$6,865
Nov 201601,84242.492.64$4,871
Oct 201601,96146.193.09$6,060
Sep 201602,42441.553.10$7,516
Aug 201603,23841.442.92$9,469
Jul 201603,50041.622.92$10,235
Jun 201602,81145.352.69$7,550
May 201601,93742.521.99$3,857
Apr 201602,22936.561.99$4,438
Mar 201603,42133.011.79$6,137
Feb 201602,82226.472.06$5,824
Jan 201602,75727.352.36$6,519
Dec 201503,31032.362.00$6,625
Nov 201503,61438.792.17$7,833
Oct 201503,41643.552.43$8,289
Sep 201503,70542.992.76$10,220
Aug 201502,96640.162.87$8,520
Jul 201502,23748.152.95$6,588
Jun 201503,94256.152.88$11,364
May 201503,33955.212.96$9,868
Apr 201503,72649.822.71$10,085
Mar 201503,47842.892.93$10,207
Feb 201502,95744.662.98$8,801
Jan 201503,03943.433.10$9,423
Dec 201404,78754.693.59$17,192
Nov 201403,93870.464.25$16,744
Oct 201404,35978.303.90$17,004
Sep 201404,42286.164.05$17,889
Aug 201404,50589.394.04$18,178
Jul 2014704,99396.564.18$27,628
Jun 201405,00598.164.74$23,708
May 201404,39994.734.73$20,792
Apr 201405,47295.944.81$26,316
Mar 201405,36395.895.06$27,120
Feb 201405,08797.406.19$31,499
Jan 201404,63090.404.86$22,505
Dec 201304,17491.824.35$18,176
Nov 201304,50388.853.74$16,833
Oct 201304,72897.423.78$17,869
Sep 201305,474104.113.72$20,351
Aug 201306,191104.253.52$21,808
Jul 201304,474102.523.72$16,633
Jun 201305,29694.403.93$20,831
May 201306,13394.834.15$25,446
Apr 201306,53893.964.28$28,000
Mar 201306,02093.623.91$23,555
Feb 201306,46891.233.42$22,120
Jan 201305,00591.603.42$17,117
Dec 201205,25386.773.42$17,966
Nov 201205,84686.953.62$21,192
Oct 201205,70689.383.40$19,399
Sep 201205,63494.672.92$16,442
Aug 201205,99792.662.91$17,440
Jul 201206,44885.133.02$19,478
Jun 201206,02879.822.52$15,185
May 201205,66991.612.49$14,106
Apr 201205,741101.652.00$11,464
Mar 201206,464105.052.22$14,364
Feb 201206,276101.102.57$16,131
Jan 201206,52398.092.73$17,834
Dec 201107,75096.873.24$25,108
Nov 201106,07895.723.31$20,126
Oct 201107,44184.983.65$27,149
Sep 201107,06583.623.99$28,160
Aug 201106,91583.404.15$28,693
Jul 201106,78194.144.52$30,631
Jun 201106,71792.904.64$31,166
May 201108,32698.134.40$36,675
Apr 201107,179105.964.33$31,109
Mar 201108,25196.364.06$33,477
Feb 201107,29785.644.18$30,501
Jan 201108,74586.504.59$40,129
Dec 201008,35985.734.35$36,343
Nov 201008,15980.843.80$30,966
Oct 201008,56378.103.51$30,047
Sep 201009,41872.633.98$37,479
Aug 201009,15473.684.42$40,455
Jul 201009,57372.554.74$45,342
Jun 201009,05670.364.91$44,469
May 201009,76771.124.24$41,365
Apr 201009,42481.694.12$38,852
Mar 201009,37378.394.39$41,135
Feb 201008,88073.585.44$48,328
Jan 2010010,36674.365.96$61,824
Dec 2009010,18571.445.48$55,852
Nov 2009010,29674.593.75$38,625
Oct 2009010,63972.544.11$43,729
Sep 200909,97165.543.06$30,559
Aug 2009010,87367.423.22$34,995
Jul 2009011,11761.133.46$38,515
Jun 2009010,78366.163.90$42,000
May 2009011,36454.743.93$44,612
Apr 2009011,73846.773.59$42,110
Mar 2009012,35542.144.06$50,149
Feb 2009011,70732.814.63$54,239
Jan 2009012,50635.865.37$67,170
Dec 2008012,91937.105.98$77,219
Nov 2008013,02355.496.86$89,342
Oct 2008013,91575.246.92$96,319
Sep 2008013,443101.767.88$105,892
Aug 2008014,441114.228.48$122,503
Jul 2008015,114131.0811.39$172,140
Jun 2008014,759131.3313.03$192,349
May 2008015,501123.1711.57$179,413
Apr 2008015,861110.3110.45$165,825
Mar 200817217,266101.909.66$184,387
Feb 2008017,08692.538.77$149,854
Jan 2008018,46090.388.21$151,478
Dec 2007019,01788.337.30$138,862
Nov 2007019,94591.677.29$145,433
Oct 2007020,22582.856.92$139,997
Sep 2007021,49875.846.24$134,237
Aug 2007022,60569.066.39$144,399
Jul 200717823,55270.906.39$163,069
Jun 2007020,82562.007.55$157,196
May 2007024,02058.747.85$188,468
Apr 2007022,73859.617.81$177,475
Mar 2007025,69256.927.30$187,602
Feb 2007023,92455.108.22$196,560
Jan 2007029,53150.306.73$198,651
Dec 2006033,26556.656.92$230,142
Nov 2006035,73754.207.62$272,226
Oct 2006043,57854.906.01$262,069
Sep 2006047,40360.085.04$238,778
Aug 2006053,37368.717.34$391,754
Jul 2006027,45569.376.34$174,140
Jun 2006021,89766.286.38$139,788
May 2006023,15866.016.42$148,790
Apr 2006033,23664.397.36$244,633
Mar 2006023,47356.707.08$166,257
Feb 2006022,13257.597.75$171,548
Jan 2006041,63060.598.93$371,894
Dec 2005093,45354.9413.42$1,253,709
Nov 20050101,77954.6910.59$1,077,677

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                  235 Mcf  × $  3.05 =       $716

────────────────────────────────────────────────────
Month total                                     $716

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/217010 is the state's own key, not one this site invented.