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 217801District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.3 M
Dec 2005 – May 2026
Value, last 12 filed months
$230 k
at the published price for each month
Months reported
246
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 Gas112006-08-21166940
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
CondensateDisposition5 bbl$431
GasProduction1,881,645 Mcf$9,346,607
Total$9,347,038

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 31.4518, -96.3238. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45175, -96.32381 · 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
13,240 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 13,240 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-293317011213,240 ftJun 2007

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 (246)

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

246 months

May 202603,785106.413.05$11,529
Apr 202605,15298.932.87$14,785
Mar 202604,41789.753.15$13,911
Feb 202605,01763.503.75$18,815
Jan 202605,34659.138.00$42,757
Dec 202505,05256.664.41$22,296
Nov 202504,79258.593.93$18,816
Oct 202515,74859.383.30$19,056
Sep 202505,19962.743.08$15,997
Aug 202505,81863.933.01$17,540
Jul 202505,96066.743.32$19,759
Jun 202504,87066.483.13$15,237
May 202505,61260.553.23$18,140
Apr 202505,86162.363.54$20,766
Mar 202505,04067.704.27$21,512
Feb 202505,49570.884.34$23,853
Jan 202504,71274.324.28$20,161
Dec 202405,95268.993.12$18,578
Nov 202402,28169.052.20$5,015
Oct 2024077671.372.28$1,770
Sep 2024092769.612.36$2,192
Aug 202402,00475.632.06$4,136
Jul 202401,12379.932.15$2,411
Jun 202401,02578.082.63$2,700
May 202401,08978.812.20$2,394
Apr 2024085884.451.66$1,424
Mar 202401,77580.301.55$2,743
Feb 202404,16176.091.78$7,422
Jan 202403,47473.023.30$11,456
Dec 202304,60571.262.61$12,022
Nov 202303,40177.892.81$9,549
Oct 202304,59985.443.09$14,198
Sep 202304,68189.042.74$12,803
Aug 202301,78880.522.67$4,779
Jul 202305,08274.852.64$13,426
Jun 202315,35068.962.26$12,152
May 202315,23870.622.23$11,738
Apr 202304,82478.122.24$10,795
Mar 202304,39272.852.39$10,511
Feb 202304,58675.112.47$11,308
Jan 202304,10876.533.39$13,917
Dec 202201,55476.415.73$8,903
Nov 202202,76785.005.65$15,623
Oct 202202,86387.185.86$16,788
Sep 202204,01484.888.16$32,769
Aug 202204,82594.529.13$44,039
Jul 202203,818101.587.54$28,796
Jun 202204,028115.097.98$32,132
May 202204,260109.378.43$35,925
Apr 202204,741104.226.84$32,417
Mar 202213,980108.885.08$20,313
Feb 202203,58491.054.86$17,414
Jan 202204,10581.844.54$18,627
Dec 202103,81071.323.90$14,856
Nov 202103,91877.435.24$20,518
Oct 202105,74779.795.71$32,838
Sep 202101,40969.865.35$7,539
Aug 202103,83266.024.22$16,173
Jul 202103,91870.783.98$15,602
Jun 202104,86969.493.38$16,460
May 202104,94463.483.02$14,919
Apr 202104,64060.362.76$12,799
Mar 202105,66061.302.72$15,378
Feb 202103,64957.805.55$20,244
Jan 202105,18250.412.81$14,563
Dec 202004,79244.642.68$12,821
Nov 202005,16438.772.71$13,977
Oct 202004,89636.972.48$12,134
Sep 202004,86337.091.99$9,682
Aug 202003,81239.982.39$9,092
Jul 202004,70438.371.83$8,585
Jun 202004,94234.901.69$8,354
May 202004,94416.921.81$8,972
Apr 202004,96014.751.80$8,950
Mar 202004,62030.341.86$8,576
Feb 202004,16149.881.98$8,242
Jan 202004,07757.252.09$8,540
Dec 201905,55159.012.30$12,792
Nov 201904,51955.302.75$12,430
Oct 201904,97753.472.42$12,037
Sep 201904,58155.052.66$12,173
Aug 201904,94153.112.30$11,386
Jul 201905,44056.272.46$13,383
Jun 201905,57752.782.49$13,893
May 201904,52558.482.74$12,400
Apr 201904,18562.632.75$11,512
Mar 201904,76456.803.06$14,588
Feb 201904,64450.852.79$12,967
Jan 201905,10646.033.23$16,483
Dec 201803,94446.594.19$16,507
Nov 201803,53752.934.24$14,987
Oct 201803,38561.443.40$11,503
Sep 201805,53059.543.11$17,187
Aug 201804,65959.403.07$14,287
Jul 201804,76765.142.93$13,976
Jun 201805,27060.183.08$16,215
May 201805,31865.382.90$15,426
Apr 201804,92563.842.90$14,286
Mar 201805,23561.222.79$14,589
Feb 201804,65461.782.77$12,874
Jan 201804,93062.874.01$19,766
Dec 201705,40357.272.92$15,785
Nov 201705,27955.423.12$16,462
Oct 201705,51149.292.98$16,443
Sep 201705,39047.523.09$16,640
Aug 201705,69645.373.00$17,113
Jul 201705,33943.873.09$16,483
Jun 201704,84142.493.09$14,946
May 201705,17745.373.26$16,895
Apr 201705,10447.933.21$16,392
Mar 201704,78346.772.98$14,271
Feb 201705,14650.452.95$15,194
Jan 201705,09249.413.42$17,409
Dec 201605,78148.763.72$21,522
Nov 201605,40442.492.64$14,290
Oct 201605,63146.193.09$17,401
Sep 201605,49641.553.10$17,041
Aug 201605,56041.442.92$16,259
Jul 201605,93141.622.92$17,344
Jun 201605,55045.352.69$14,906
May 201605,63342.521.99$11,216
Apr 201605,73636.561.99$11,421
Mar 201606,03433.011.79$10,825
Feb 201605,38926.472.06$11,121
Jan 201606,18627.352.36$14,626
Dec 201505,62932.362.00$11,266
Nov 201505,58438.792.17$12,102
Oct 201505,97743.552.43$14,504
Sep 201505,85642.992.76$16,153
Aug 201506,28640.162.87$18,056
Jul 201506,59348.152.95$19,417
Jun 201506,43256.152.88$18,543
May 201505,77155.212.96$17,056
Apr 201506,08249.822.71$16,461
Mar 201505,60642.892.93$16,452
Feb 201505,49744.662.98$16,360
Jan 201504,70643.433.10$14,592
Dec 201406,39354.693.59$22,960
Nov 201406,73870.464.25$28,649
Oct 201406,52078.303.90$25,434
Sep 201406,42186.164.05$25,976
Aug 201406,90789.394.04$27,871
Jul 201406,48696.564.18$27,109
Jun 201406,75498.164.74$31,993
May 201407,07994.734.73$33,459
Apr 201406,86495.944.81$33,010
Mar 201406,50995.895.06$32,915
Feb 201406,31897.406.19$39,121
Jan 201407,14890.404.86$34,744
Dec 201307,06291.824.35$30,751
Nov 201306,48188.853.74$24,228
Oct 201307,11197.423.78$26,875
Sep 201307,085104.113.72$26,340
Aug 201307,350104.253.52$25,891
Jul 201307,048102.523.72$26,203
Jun 201306,77194.403.93$26,633
May 201307,21594.834.15$29,936
Apr 201307,67493.964.28$32,865
Mar 201307,74493.623.91$30,301
Feb 201306,83391.233.42$23,368
Jan 201307,08591.603.42$24,230
Dec 201207,81786.773.42$26,735
Nov 201207,68486.953.62$27,854
Oct 201208,42489.383.40$28,639
Sep 201208,05994.672.92$23,519
Aug 201208,24892.662.91$23,987
Jul 201208,11885.133.02$24,523
Jun 201207,97079.822.52$20,077
May 201207,72491.612.49$19,220
Apr 201208,142101.652.00$16,258
Mar 201209,225105.052.22$20,499
Feb 201207,266101.102.57$18,675
Jan 201207,85498.092.73$21,473
Dec 201108,13296.873.24$26,346
Nov 201107,99295.723.31$26,464
Oct 201108,65584.983.65$31,578
Sep 201107,92683.623.99$31,591
Aug 201108,36983.404.15$34,726
Jul 201108,66994.144.52$39,160
Jun 201108,64792.904.64$40,121
May 201109,85998.134.40$43,427
Apr 201108,871105.964.33$38,441
Mar 201108,85896.364.06$35,940
Feb 201108,11785.644.18$33,929
Jan 201108,90386.504.59$40,854
Dec 201009,06685.734.35$39,417
Nov 201009,31280.843.80$35,342
Oct 2010010,50978.103.51$36,875
Sep 201009,61572.633.98$38,263
Aug 201009,48073.684.42$41,896
Jul 2010010,56272.554.74$50,027
Jun 201009,49370.364.91$46,614
May 201009,85671.124.24$41,742
Apr 201009,87281.694.12$40,699
Mar 201009,49978.394.39$41,688
Feb 201008,95373.585.44$48,725
Jan 2010010,33374.365.96$61,627
Dec 2009011,35371.445.48$62,257
Nov 2009011,17474.593.75$41,919
Oct 2009011,70672.544.11$48,115
Sep 2009011,45865.543.06$35,116
Aug 2009011,74867.423.22$37,811
Jul 2009011,84761.133.46$41,044
Jun 2009010,96766.163.90$42,716
May 2009010,72254.743.93$42,092
Apr 2009010,73146.773.59$38,497
Mar 2009011,14542.144.06$45,238
Feb 2009010,69932.814.63$49,568
Jan 2009012,44235.865.37$66,826
Dec 2008013,01737.105.98$77,804
Nov 2008012,11355.496.86$83,100
Oct 2008012,65175.246.92$87,570
Sep 2008012,908101.767.88$101,677
Aug 2008013,995114.228.48$118,720
Jul 2008014,224131.0811.39$162,003
Jun 2008013,710131.3313.03$178,677
May 2008114,559123.1711.57$168,633
Apr 2008014,896110.3110.45$155,736
Mar 2008015,442101.909.66$149,233
Feb 2008015,52492.538.77$136,154
Jan 2008012,36490.388.21$101,456
Dec 2007017,57088.337.30$128,296
Nov 2007018,03891.677.29$131,528
Oct 2007020,09882.856.92$139,118
Sep 2007019,94675.846.24$124,546
Aug 2007022,27569.066.39$142,291
Jul 2007022,32670.906.39$142,617
Jun 2007025,64062.007.55$193,542
May 200702,90458.747.85$22,786
Apr 2007013,12259.617.81$102,420
Mar 2007014,10056.927.30$102,958
Feb 2007013,08855.108.22$107,531
Jan 2007014,82850.306.73$99,746
Dec 2006015,41256.656.92$106,627
Nov 2006015,90654.207.62$121,164
Oct 2006017,19754.906.01$103,419
Sep 2006017,87960.085.04$90,060
Aug 2006019,25968.717.34$141,360
Jul 2006020,75569.376.34$131,644
Jun 2006021,57566.286.38$137,732
May 2006022,21066.016.42$142,699
Apr 2006024,88464.397.36$183,158
Mar 2006027,98456.707.08$198,208
Feb 2006018,65757.597.75$144,613
Jan 2006033,49460.598.93$299,213
Dec 200505,32654.9413.42$71,450

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                3,785 Mcf  × $  3.05 =    $11,529

────────────────────────────────────────────────────
Month total                                  $11,529

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/217801 is the state's own key, not one this site invented.