REED GU #4

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the TEAGUE (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 217939District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
Jan 2006 – May 2026
Value, last 12 filed months
$123 k
at the published price for each month
Months reported
245
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 1,075 leases and 1,075 wells, and the rule below applies to all of them.

Discovered
2006-06-06
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 2011-10-11.

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: REGULATORY PURPOSES.IT IS ORDERED THAT THE FIELD REMAIN SUSPENDED.

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 Gas112006-08-25169845
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
CondensateDisposition951 bbl$74,893
GasProduction1,379,805 Mcf$6,931,266
Total$7,006,159

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 31.6586, -96.2338. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.65856, -96.23379 · 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
12,490 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 12,490 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-16133309712,490 ftJan 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 (245)

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

245 months

May 202612,610106.413.05$8,056
Apr 202642,54198.932.87$7,688
Mar 202602,69189.753.15$8,475
Feb 202612,45563.503.75$9,271
Jan 202622,70259.138.00$21,729
Dec 202502,71456.664.41$11,978
Nov 202502,63258.593.93$10,334
Oct 202512,77059.383.30$9,214
Sep 202502,70762.743.08$8,329
Aug 202522,85463.933.01$8,732
Jul 202512,99166.743.32$9,983
Jun 202512,99666.483.13$9,440
May 202511,62560.553.23$5,313
Apr 202511,12862.363.54$4,059
Mar 202511,21167.704.27$5,237
Feb 202501,47670.884.34$6,407
Jan 202511,68174.324.28$7,267
Dec 202411,78468.993.12$5,638
Nov 202401,68569.052.20$3,704
Oct 202401,53171.372.28$3,493
Sep 202411,65069.612.36$3,971
Aug 202411,58975.632.06$3,355
Jul 202411,70079.932.15$3,729
Jun 202411,98578.082.63$5,307
May 202411,75678.812.20$3,939
Apr 202412,06484.451.66$3,509
Mar 202432,37680.301.55$3,912
Feb 202402,07176.091.78$3,694
Jan 202411,30573.023.30$4,376
Dec 202301,31871.262.61$3,441
Nov 2023070377.892.81$1,974
Oct 2023075385.443.09$2,325
Sep 2023055289.042.74$1,510
Aug 2023076180.522.67$2,034
Jul 2023069474.852.64$1,833
Jun 202301,43768.962.26$3,245
May 202302,70670.622.23$6,027
Apr 202302,36278.122.24$5,286
Mar 202302,45072.852.39$5,863
Feb 202302,12675.112.47$5,242
Jan 202301,46376.533.39$4,956
Dec 202202,18976.415.73$12,541
Nov 202201,88385.005.65$10,632
Oct 202202,25487.185.86$13,217
Sep 202202,32884.888.16$19,005
Aug 202202,31194.529.13$21,093
Jul 202202,421101.587.54$18,259
Jun 202202,303115.097.98$18,371
May 202202,395109.378.43$20,197
Apr 202202,425104.226.84$16,581
Mar 202202,244108.885.08$11,391
Feb 202201,46691.054.86$7,123
Jan 202202,50781.844.54$11,376
Dec 202102,48071.323.90$9,670
Nov 202102,45677.435.24$12,862
Oct 202102,20779.795.71$12,611
Sep 202102,12869.865.35$11,387
Aug 202102,53566.024.22$10,699
Jul 202103,03870.783.98$12,098
Jun 202102,40769.493.38$8,137
May 202102,57063.483.02$7,755
Apr 202102,47560.362.76$6,827
Mar 202102,60961.302.72$7,089
Feb 202101,48457.805.55$8,233
Jan 202102,11450.412.81$5,941
Dec 202002,53144.642.68$6,772
Nov 202002,60838.772.71$7,059
Oct 202002,59836.972.48$6,439
Sep 2020722,62037.091.99$7,887
Aug 202002,99539.982.39$7,143
Jul 202002,43838.371.83$4,450
Jun 202001,28334.901.69$2,169
May 202001,46716.921.81$2,662
Apr 202001,49114.751.80$2,690
Mar 202001,52930.341.86$2,838
Feb 202001,50749.881.98$2,985
Jan 202001,72657.252.09$3,616
Dec 201901,82959.012.30$4,215
Nov 201901,56955.302.75$4,316
Oct 201901,69553.472.42$4,099
Sep 201902,94755.052.66$7,831
Aug 201903,50253.112.30$8,070
Jul 201901,71456.272.46$4,217
Jun 201901,85852.782.49$4,629
May 201902,56958.482.74$7,040
Apr 201903,12762.632.75$8,601
Mar 201903,92656.803.06$12,022
Feb 201902,61650.852.79$7,304
Jan 201902,53546.033.23$8,183
Dec 201802,59246.594.19$10,849
Nov 201803,33552.934.24$14,131
Oct 201803,61561.443.40$12,284
Sep 201803,03659.543.11$9,436
Aug 201802,07459.403.07$6,360
Jul 201803,94265.142.93$11,557
Jun 201803,07560.183.08$9,462
May 201803,50365.382.90$10,162
Apr 201803,82963.842.90$11,107
Mar 201803,88861.222.79$10,835
Feb 201802,70761.782.77$7,488
Jan 201803,39762.874.01$13,620
Dec 201703,82257.272.92$11,166
Nov 201702,83955.423.12$8,853
Oct 201703,14949.292.98$9,396
Sep 201703,32747.523.09$10,271
Aug 201703,50845.373.00$10,539
Jul 201703,54943.873.09$10,957
Jun 201703,33142.493.09$10,284
May 201703,58745.373.26$11,706
Apr 201703,35147.933.21$10,762
Mar 201703,55246.772.98$10,598
Feb 201703,63850.452.95$10,742
Jan 201703,51549.413.42$12,017
Dec 201603,64548.763.72$13,570
Nov 201603,87242.492.64$10,239
Oct 201604,72946.193.09$14,614
Sep 201605,41541.553.10$16,790
Aug 201602,89141.442.92$8,454
Jul 201603,51341.622.92$10,273
Jun 201603,71445.352.69$9,975
May 201604,10042.521.99$8,163
Apr 201604,12636.561.99$8,215
Mar 201603,92033.011.79$7,033
Feb 201603,84426.472.06$7,933
Jan 201604,12027.352.36$9,741
Dec 201504,28932.362.00$8,584
Nov 201504,32138.792.17$9,365
Oct 201504,30643.552.43$10,449
Sep 201504,57442.992.76$12,617
Aug 201504,78340.162.87$13,739
Jul 201504,96548.152.95$14,622
Jun 201503,63056.152.88$10,465
May 201503,87355.212.96$11,446
Apr 201504,22849.822.71$11,443
Mar 201504,88542.892.93$14,336
Feb 201504,65044.662.98$13,839
Jan 201505,10043.433.10$15,813
Dec 201405,05054.693.59$18,136
Nov 201405,06970.464.25$21,553
Oct 201403,94278.303.90$15,378
Sep 201404,95386.164.05$20,037
Aug 20141735,32589.394.04$36,951
Jul 201405,67296.564.18$23,707
Jun 201405,80498.164.74$27,493
May 201404,67894.734.73$22,111
Apr 201405,55995.944.81$26,734
Mar 201405,54795.895.06$28,050
Feb 201405,42297.406.19$33,573
Jan 201406,06890.404.86$29,495
Dec 201305,93891.824.35$25,857
Nov 201306,06788.853.74$22,680
Oct 201305,98797.423.78$22,627
Sep 201305,908104.113.72$21,964
Aug 201306,424104.253.52$22,629
Jul 201306,495102.523.72$24,147
Jun 201306,45394.403.93$25,382
May 201306,85694.834.15$28,446
Apr 201306,77093.964.28$28,993
Mar 201306,64493.623.91$25,997
Feb 201302,96491.233.42$10,137
Jan 201306,62491.603.42$22,653
Dec 201207,07486.773.42$24,194
Nov 201207,00186.953.62$25,378
Oct 201207,54789.383.40$25,657
Sep 201207,30894.672.92$21,328
Aug 201207,95792.662.91$23,140
Jul 201208,07685.133.02$24,396
Jun 201207,94279.822.52$20,006
May 201208,53491.612.49$21,235
Apr 201208,915101.652.00$17,801
Mar 201209,947105.052.22$22,103
Feb 201205,329101.102.57$13,697
Jan 201208,80898.092.73$24,082
Dec 201108,91796.873.24$28,889
Nov 201109,35295.723.31$30,967
Oct 201109,17684.983.65$33,479
Sep 201105,47383.623.99$21,814
Aug 201104,84483.404.15$20,099
Jul 201108,43894.144.52$38,116
Jun 201108,33492.904.64$38,669
May 201108,19098.134.40$36,075
Apr 201108,257105.964.33$35,780
Mar 201108,69496.364.06$35,275
Feb 201109,74085.644.18$40,713
Jan 2011012,13986.504.59$55,703
Dec 201006,94785.734.35$30,204
Nov 2010010,89880.843.80$41,362
Oct 2010013,59378.103.51$47,696
Sep 201002,61472.633.98$10,402
Aug 201008,18173.684.42$36,155
Jul 2010011,63372.554.74$55,100
Jun 201014112,39170.364.91$70,766
May 2010014,23371.124.24$60,280
Apr 2010016,15581.694.12$66,602
Mar 2010012,34878.394.39$54,191
Feb 201003,26473.585.44$17,764
Jan 201007,68074.365.96$45,804
Dec 200907,13471.445.48$39,121
Nov 200908,48374.593.75$31,824
Oct 200903,16772.544.11$13,017
Sep 2009010,03565.543.06$30,755
Aug 2009011,81667.423.22$38,030
Jul 200908,25961.133.46$28,613
Jun 2009010,88966.163.90$42,413
May 2009012,34154.743.93$48,448
Apr 2009012,94646.773.59$46,444
Mar 2009013,52042.144.06$54,878
Feb 2009012,95632.814.63$60,025
Jan 2009015,76935.865.37$84,695
Dec 2008015,97537.105.98$95,485
Nov 2008016,04655.496.86$110,081
Oct 2008016,83175.246.92$116,504
Sep 2008017,166101.767.88$135,218
Aug 2008017,967114.228.48$152,414
Jul 2008016,985131.0811.39$193,449
Jun 2008017,263131.3313.03$224,982
May 200818118,658123.1711.57$238,247
Apr 2008016,986110.3110.45$177,586
Mar 2008016,682101.909.66$161,216
Feb 2008015,01092.538.77$131,646
Jan 200809,69090.388.21$79,514
Dec 200704,63888.337.30$33,867
Nov 2007015,40691.677.29$112,336
Oct 2007016,46882.856.92$113,991
Sep 2007018,00075.846.24$112,395
Aug 200717816,73269.066.39$119,176
Jul 2007018,06470.906.39$115,392
Jun 2007015,03562.007.55$113,491
May 2007010,17058.747.85$79,797
Apr 2007013,07759.617.81$102,069
Mar 200717814,70956.927.30$117,536
Feb 200703,80055.108.22$31,221
Jan 200704,68650.306.73$31,522
Dec 200604,33656.656.92$29,998
Nov 200604,01654.207.62$30,592
Oct 200604,84054.906.01$29,107
Sep 200605,15260.085.04$25,952
Aug 200605,69168.717.34$41,771
Jul 200605,99769.376.34$38,038
Jun 200606,57666.286.38$41,980
May 200606,93766.016.42$44,570
Apr 200608,20464.397.36$60,385
Mar 2006013,84456.707.08$98,056
Feb 2006014,75557.597.75$114,368
Jan 200603,78260.598.93$33,786

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             1 bbl  × $106.41 =       $106
Gas                2,610 Mcf  × $  3.05 =     $7,950

────────────────────────────────────────────────────
Month total                                   $8,056

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/217939 is the state's own key, not one this site invented.