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 217081District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.8 M
Nov 2005 – May 2026
Value, last 12 filed months
$224 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 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 Gas112006-08-21166451
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
CondensateDisposition764 bbl$53,956
GasProduction2,600,335 Mcf$13,701,831
Total$13,755,787

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 31.4368, -96.2145. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43676, -96.21454 · 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
14,450 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 14,450 ft.

Completions filed
Apr 2006
1 of 1 wells

1 well

42-161332791114,450 ftApr 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 202645,216106.413.05$16,313
Apr 202655,34898.932.87$15,842
Mar 202605,03989.753.15$15,870
Feb 202664,07363.503.75$15,656
Jan 202624,49059.138.00$36,029
Dec 202505,66456.664.41$24,997
Nov 202554,91258.593.93$19,580
Oct 202555,30859.383.30$17,839
Sep 202514,30962.743.08$13,321
Aug 202554,63963.933.01$14,305
Jul 202505,67366.743.32$18,807
Jun 202505,04466.483.13$15,781
May 202515,99360.553.23$19,432
Apr 202524,99762.363.54$17,830
Mar 202524,91467.704.27$21,110
Feb 202503,83970.884.34$16,664
Jan 202514,91374.324.28$21,095
Dec 202425,53068.993.12$17,399
Nov 202405,14369.052.20$11,307
Oct 202414,68871.372.28$10,767
Sep 202414,71469.612.36$11,215
Aug 202405,93675.632.06$12,250
Jul 202415,55179.932.15$11,996
Jun 202445,15178.082.63$13,880
May 202435,26278.812.20$11,805
Apr 202425,07284.451.66$8,584
Mar 202407,54680.301.55$11,660
Feb 202404,47076.091.78$7,973
Jan 202414,24573.023.30$14,072
Dec 202305,43471.262.61$14,187
Nov 202305,71777.892.81$16,051
Oct 202305,11185.443.09$15,779
Sep 202305,30089.042.74$14,496
Aug 202305,46480.522.67$14,605
Jul 202303,86874.852.64$10,218
Jun 202304,17568.962.26$9,429
May 202305,05870.622.23$11,266
Apr 202305,46778.122.24$12,234
Mar 202305,47672.852.39$13,105
Feb 202303,80575.112.47$9,382
Jan 202304,38176.533.39$14,842
Dec 202205,41476.415.73$31,017
Nov 202204,63385.005.65$26,159
Oct 202205,81287.185.86$34,080
Sep 202205,22384.888.16$42,639
Aug 202205,69294.529.13$51,952
Jul 202206,044101.587.54$45,584
Jun 202205,029115.097.98$40,117
May 202204,864109.378.43$41,018
Apr 202204,762104.226.84$32,561
Mar 202205,659108.885.08$28,727
Feb 202203,38791.054.86$16,457
Jan 202205,91881.844.54$26,854
Dec 202104,87071.323.90$18,989
Nov 202105,50477.435.24$28,824
Oct 202105,78579.795.71$33,055
Sep 202104,21069.865.35$22,527
Aug 202106,11466.024.22$25,805
Jul 202105,67470.783.98$22,594
Jun 202105,44069.493.38$18,391
May 202106,85663.483.02$20,689
Apr 202105,59060.362.76$15,420
Mar 202104,61761.302.72$12,544
Feb 202104,06757.805.55$22,564
Jan 202105,65950.412.81$15,903
Dec 202004,68444.642.68$12,532
Nov 202004,81238.772.71$13,024
Oct 202005,08136.972.48$12,593
Sep 202004,87237.091.99$9,700
Aug 202004,38439.982.39$10,456
Jul 202005,93038.371.83$10,823
Jun 202006,06134.901.69$10,245
May 202005,95116.921.81$10,800
Apr 202004,65714.751.80$8,403
Mar 202006,09630.341.86$11,316
Feb 202005,42249.881.98$10,739
Jan 202005,55457.252.09$11,634
Dec 201905,36259.012.30$12,356
Nov 201905,41455.302.75$14,892
Oct 201906,06753.472.42$14,673
Sep 201906,01455.052.66$15,981
Aug 201905,96753.112.30$13,750
Jul 201907,58656.272.46$18,662
Jun 201905,08352.782.49$12,663
May 201906,28458.482.74$17,220
Apr 201906,04662.632.75$16,631
Mar 201905,93756.803.06$18,180
Feb 201906,47350.852.79$18,074
Jan 201906,31346.033.23$20,380
Dec 201806,32846.594.19$26,485
Nov 201804,45452.934.24$18,873
Oct 201805,18161.443.40$17,605
Sep 201804,90459.543.11$15,242
Aug 201805,61259.403.07$17,210
Jul 201805,82265.142.93$17,069
Jun 201805,26760.183.08$16,206
May 201805,00965.382.90$14,530
Apr 201805,67763.842.90$16,468
Mar 201805,80061.222.79$16,164
Feb 201804,14361.782.77$11,460
Jan 201805,43062.874.01$21,771
Dec 201706,53057.272.92$19,078
Nov 201706,25455.423.12$19,502
Oct 201706,27349.292.98$18,717
Sep 201705,39647.523.09$16,659
Aug 201707,48845.373.00$22,497
Jul 201707,28343.873.09$22,485
Jun 201707,08442.493.09$21,870
May 201706,41145.373.26$20,922
Apr 201706,60747.933.21$21,219
Mar 201707,03646.772.98$20,993
Feb 201706,80750.452.95$20,098
Jan 201707,65649.413.42$26,174
Dec 201605,78048.763.72$21,518
Nov 201607,44542.492.64$19,687
Oct 201607,63846.193.09$23,603
Sep 20161517,22541.553.10$28,676
Aug 201607,64041.442.92$22,342
Jul 201607,13941.622.92$20,877
Jun 201607,58345.352.69$20,367
May 201607,08242.521.99$14,101
Apr 201607,83536.561.99$15,600
Mar 201607,43233.011.79$13,333
Feb 201607,35226.472.06$15,172
Jan 201607,58527.352.36$17,934
Dec 201507,94732.362.00$15,905
Nov 201507,76938.792.17$16,838
Oct 201507,63643.552.43$18,529
Sep 201507,50342.992.76$20,696
Aug 201507,73340.162.87$22,213
Jul 201507,95748.152.95$23,434
Jun 201507,68656.152.88$22,158
May 201507,36555.212.96$21,767
Apr 201507,54549.822.71$20,421
Mar 201508,46542.892.93$24,842
Feb 201507,48044.662.98$22,262
Jan 201508,03143.433.10$24,901
Dec 201408,29854.693.59$29,801
Nov 201407,98770.464.25$33,959
Oct 201408,20078.303.90$31,988
Sep 201408,20986.164.05$33,209
Aug 201408,41889.394.04$33,968
Jul 201408,76996.564.18$36,651
Jun 201408,42898.164.74$39,922
May 201408,57594.734.73$40,530
Apr 201408,71595.944.81$41,911
Mar 201409,21795.895.06$46,609
Feb 201408,54197.406.19$52,886
Jan 201408,53890.404.86$41,501
Dec 201309,44391.824.35$41,119
Nov 201309,12688.853.74$34,116
Oct 201309,62397.423.78$36,369
Sep 201308,470104.113.72$31,489
Aug 201309,524104.253.52$33,549
Jul 201308,277102.523.72$30,772
Jun 201309,62894.403.93$37,871
May 201308,50394.834.15$35,280
Apr 201309,39193.964.28$40,218
Mar 2013010,05593.623.91$39,344
Feb 201309,21091.233.42$31,497
Jan 201309,45391.603.42$32,328
Dec 2012011,27186.773.42$38,549
Nov 201208,91086.953.62$32,298
Oct 2012012,04689.383.40$40,953
Sep 201209,18394.672.92$26,800
Aug 2012011,65292.662.91$33,886
Jul 201209,86585.133.02$29,800
Jun 2012010,55879.822.52$26,596
May 2012010,82991.612.49$26,946
Apr 2012010,714101.652.00$21,394
Mar 2012011,263105.052.22$25,027
Feb 2012010,651101.102.57$27,376
Jan 2012011,42698.092.73$31,240
Dec 2011011,59496.873.24$37,562
Nov 2011011,74995.723.31$38,904
Oct 2011011,95284.983.65$43,607
Sep 2011011,56383.623.99$46,088
Aug 2011012,04183.404.15$49,962
Jul 2011012,35494.144.52$55,806
Jun 2011012,59792.904.64$58,449
May 2011210,86998.134.40$48,072
Apr 201107,851105.964.33$34,021
Mar 201117911,61596.364.06$64,374
Feb 2011010,89585.644.18$45,541
Jan 2011011,69386.504.59$53,657
Dec 201008,80185.734.35$38,265
Nov 2010011,62680.843.80$44,125
Oct 2010012,05378.103.51$42,293
Sep 2010011,95872.633.98$47,587
Aug 2010012,61673.684.42$55,755
Jul 2010012,87972.554.74$61,001
Jun 2010012,23070.364.91$60,054
May 2010013,43871.124.24$56,913
Apr 2010013,31681.694.12$54,898
Mar 201009,23178.394.39$40,512
Feb 2010111,27873.585.44$61,453
Jan 2010613,09974.365.96$78,570
Dec 2009011,74471.445.48$64,401
Nov 2009010,72174.593.75$40,220
Oct 2009012,90272.544.11$53,030
Sep 2009010,86665.543.06$33,302
Aug 2009013,20067.423.22$42,484
Jul 2009014,30161.133.46$49,546
Jun 2009013,83466.163.90$53,883
May 2009014,06654.743.93$55,220
Apr 2009210,03146.773.59$36,080
Mar 2009614,95942.144.06$60,971
Feb 2009314,19932.814.63$65,882
Jan 2009516,11835.865.37$86,749
Dec 2008014,85237.105.98$88,772
Nov 2008016,01655.496.86$109,876
Oct 2008117,20775.246.92$119,182
Sep 2008315,248101.767.88$120,415
Aug 2008117,035114.228.48$144,622
Jul 2008517,386131.0811.39$198,672
Jun 2008515,729131.3313.03$205,647
May 2008619,069123.1711.57$221,449
Apr 2008718,323110.3110.45$192,337
Mar 20081619,168101.909.66$186,871
Feb 20081420,95892.538.77$185,109
Jan 2008622,43290.388.21$184,613
Dec 20071122,16788.337.30$162,834
Nov 20072024,46591.677.29$180,225
Oct 2007817,30982.856.92$120,475
Sep 20071324,06375.846.24$151,239
Aug 2007326,50869.066.39$169,539
Jul 2007526,36670.906.39$168,779
Jun 2007426,34162.007.55$199,082
May 2007028,08058.747.85$220,324
Apr 2007229,50959.617.81$230,443
Mar 2007132,62556.927.30$238,284
Feb 2007031,51955.108.22$258,960
Jan 2007237,27050.306.73$250,810
Dec 20061741,67056.656.92$289,254
Nov 20062645,76854.207.62$350,046
Oct 2006930,21754.906.01$182,213
Sep 20061625,07960.085.04$127,289
Aug 2006922,47868.717.34$165,605
Jul 2006533,65669.376.34$213,819
Jun 2006035,97666.286.38$229,666
May 20061261,59566.016.42$396,540
Apr 20061953,85464.397.36$397,615
Mar 20061027,94456.707.08$198,492
Feb 200608,22557.597.75$63,753
Jan 2006618,96860.598.93$169,811
Dec 20052237,91554.9413.42$509,854
Nov 20057145,02754.6910.59$480,647

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             4 bbl  × $106.41 =       $426
Gas                5,216 Mcf  × $  3.05 =    $15,887

────────────────────────────────────────────────────
Month total                                  $16,313

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/217081 is the state's own key, not one this site invented.