REED UNIT

Name: REED UNIT lease production and value, Jan 2006 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) 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 218161District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSave Export

Value, all time

$2.1 M

Jan 2006 – May 2026

Value, last 12 filed months

$28 k

at the published price for each month

Months reported

245

no gaps in the span

Streams

condensate, gas

The FREESTONE (CV-BOSSIER CONS.) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2006-09-25	168219
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	100 bbl	$7,811
Gas	Production	402,852 Mcf	$2,045,141
Total			$2,052,952

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 31.4398, -96.3319. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43983, -96.33192 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

13,220 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 13,220 ft.

Completions filed

Mar 2006

1 of 1 wells

1 well


42-29331757	9	13,220 ft	Mar 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 2026	0	571	106.41	3.05	$1,739
Apr 2026	0	569	98.93	2.87	$1,633
Mar 2026	0	574	89.75	3.15	$1,808
Feb 2026	3	511	63.50	3.75	$2,107
Jan 2026	0	673	59.13	8.00	$5,383
Dec 2025	0	732	56.66	4.41	$3,231
Nov 2025	0	605	58.59	3.93	$2,376
Oct 2025	0	648	59.38	3.30	$2,142
Sep 2025	0	661	62.74	3.08	$2,034
Aug 2025	0	749	63.93	3.01	$2,258
Jul 2025	0	688	66.74	3.32	$2,281
Jun 2025	0	467	66.48	3.13	$1,461
May 2025	0	695	60.55	3.23	$2,246
Apr 2025	0	682	62.36	3.54	$2,416
Mar 2025	0	712	67.70	4.27	$3,039
Feb 2025	0	656	70.88	4.34	$2,848
Jan 2025	0	731	74.32	4.28	$3,128
Dec 2024	0	737	68.99	3.12	$2,300
Nov 2024	1	694	69.05	2.20	$1,595
Oct 2024	0	767	71.37	2.28	$1,750
Sep 2024	0	747	69.61	2.36	$1,766
Aug 2024	0	767	75.63	2.06	$1,583
Jul 2024	0	782	79.93	2.15	$1,679
Jun 2024	0	900	78.08	2.63	$2,371
May 2024	0	753	78.81	2.20	$1,655
Apr 2024	0	700	84.45	1.66	$1,161
Mar 2024	0	791	80.30	1.55	$1,222
Feb 2024	0	588	76.09	1.78	$1,049
Jan 2024	0	697	73.02	3.30	$2,298
Dec 2023	0	663	71.26	2.61	$1,731
Nov 2023	0	623	77.89	2.81	$1,749
Oct 2023	0	489	85.44	3.09	$1,510
Sep 2023	0	719	89.04	2.74	$1,966
Aug 2023	0	811	80.52	2.67	$2,168
Jul 2023	0	867	74.85	2.64	$2,290
Jun 2023	0	898	68.96	2.26	$2,028
May 2023	0	937	70.62	2.23	$2,087
Apr 2023	0	1,020	78.12	2.24	$2,283
Mar 2023	0	1,314	72.85	2.39	$3,145
Feb 2023	0	1,037	75.11	2.47	$2,557
Jan 2023	0	486	76.53	3.39	$1,646
Dec 2022	0	687	76.41	5.73	$3,936
Nov 2022	0	670	85.00	5.65	$3,783
Oct 2022	0	695	87.18	5.86	$4,075
Sep 2022	0	683	84.88	8.16	$5,576
Aug 2022	0	710	94.52	9.13	$6,480
Jul 2022	0	723	101.58	7.54	$5,453
Jun 2022	0	696	115.09	7.98	$5,552
May 2022	0	707	109.37	8.43	$5,962
Apr 2022	0	536	104.22	6.84	$3,665
Mar 2022	0	361	108.88	5.08	$1,833
Feb 2022	0	1,339	91.05	4.86	$6,506
Jan 2022	0	591	81.84	4.54	$2,682
Dec 2021	0	1,097	71.32	3.90	$4,277
Nov 2021	0	920	77.43	5.24	$4,818
Oct 2021	0	1,142	79.79	5.71	$6,525
Sep 2021	0	1,170	69.86	5.35	$6,261
Aug 2021	0	1,259	66.02	4.22	$5,314
Jul 2021	0	1,811	70.78	3.98	$7,212
Jun 2021	0	874	69.49	3.38	$2,955
May 2021	0	870	63.48	3.02	$2,625
Apr 2021	0	840	60.36	2.76	$2,317
Mar 2021	0	1,295	61.30	2.72	$3,518
Feb 2021	0	1,014	57.80	5.55	$5,626
Jan 2021	0	970	50.41	2.81	$2,726
Dec 2020	0	1,387	44.64	2.68	$3,711
Nov 2020	0	1,184	38.77	2.71	$3,205
Oct 2020	0	1,409	36.97	2.48	$3,492
Sep 2020	0	537	37.09	1.99	$1,069
Aug 2020	0	427	39.98	2.39	$1,018
Jul 2020	0	457	38.37	1.83	$834
Jun 2020	0	636	34.90	1.69	$1,075
May 2020	0	1,042	16.92	1.81	$1,891
Apr 2020	0	1,008	14.75	1.80	$1,819
Mar 2020	0	1,103	30.34	1.86	$2,047
Feb 2020	0	979	49.88	1.98	$1,939
Jan 2020	0	1,146	57.25	2.09	$2,401
Dec 2019	0	1,120	59.01	2.30	$2,581
Nov 2019	0	1,087	55.30	2.75	$2,990
Oct 2019	0	870	53.47	2.42	$2,104
Sep 2019	0	1,014	55.05	2.66	$2,694
Aug 2019	0	1,055	53.11	2.30	$2,431
Jul 2019	0	595	56.27	2.46	$1,464
Jun 2019	0	763	52.78	2.49	$1,901
May 2019	0	876	58.48	2.74	$2,401
Apr 2019	0	930	62.63	2.75	$2,558
Mar 2019	0	1,173	56.80	3.06	$3,592
Feb 2019	0	1,062	50.85	2.79	$2,965
Jan 2019	0	980	46.03	3.23	$3,164
Dec 2018	0	792	46.59	4.19	$3,315
Nov 2018	0	660	52.93	4.24	$2,797
Oct 2018	0	852	61.44	3.40	$2,895
Sep 2018	0	691	59.54	3.11	$2,148
Aug 2018	0	800	59.40	3.07	$2,453
Jul 2018	0	789	65.14	2.93	$2,313
Jun 2018	0	1,024	60.18	3.08	$3,151
May 2018	0	922	65.38	2.90	$2,675
Apr 2018	0	1,039	63.84	2.90	$3,014
Mar 2018	0	1,026	61.22	2.79	$2,859
Feb 2018	0	946	61.78	2.77	$2,617
Jan 2018	0	1,000	62.87	4.01	$4,009
Dec 2017	0	1,064	57.27	2.92	$3,109
Nov 2017	0	1,006	55.42	3.12	$3,137
Oct 2017	0	1,026	49.29	2.98	$3,061
Sep 2017	0	985	47.52	3.09	$3,041
Aug 2017	0	1,104	45.37	3.00	$3,317
Jul 2017	0	964	43.87	3.09	$2,976
Jun 2017	0	875	42.49	3.09	$2,701
May 2017	0	1,061	45.37	3.26	$3,462
Apr 2017	0	1,057	47.93	3.21	$3,395
Mar 2017	0	1,108	46.77	2.98	$3,306
Feb 2017	0	990	50.45	2.95	$2,923
Jan 2017	0	1,105	49.41	3.42	$3,778
Dec 2016	0	1,094	48.76	3.72	$4,073
Nov 2016	0	1,130	42.49	2.64	$2,988
Oct 2016	0	1,073	46.19	3.09	$3,316
Sep 2016	0	1,002	41.55	3.10	$3,107
Aug 2016	0	982	41.44	2.92	$2,872
Jul 2016	0	988	41.62	2.92	$2,889
Jun 2016	0	997	45.35	2.69	$2,678
May 2016	0	974	42.52	1.99	$1,939
Apr 2016	0	1,082	36.56	1.99	$2,154
Mar 2016	0	1,191	33.01	1.79	$2,137
Feb 2016	0	1,349	26.47	2.06	$2,784
Jan 2016	0	1,346	27.35	2.36	$3,182
Dec 2015	0	1,354	32.36	2.00	$2,710
Nov 2015	0	1,507	38.79	2.17	$3,266
Oct 2015	0	1,642	43.55	2.43	$3,984
Sep 2015	0	1,601	42.99	2.76	$4,416
Aug 2015	0	1,011	40.16	2.87	$2,904
Jul 2015	0	1,346	48.15	2.95	$3,964
Jun 2015	0	1,287	56.15	2.88	$3,710
May 2015	0	1,325	55.21	2.96	$3,916
Apr 2015	0	1,312	49.82	2.71	$3,551
Mar 2015	0	1,365	42.89	2.93	$4,006
Feb 2015	0	1,275	44.66	2.98	$3,795
Jan 2015	0	1,397	43.43	3.10	$4,332
Dec 2014	0	1,355	54.69	3.59	$4,866
Nov 2014	0	1,353	70.46	4.25	$5,753
Oct 2014	3	1,469	78.30	3.90	$5,965
Sep 2014	0	1,364	86.16	4.05	$5,518
Aug 2014	0	1,432	89.39	4.04	$5,778
Jul 2014	0	1,462	96.56	4.18	$6,111
Jun 2014	0	1,522	98.16	4.74	$7,210
May 2014	0	1,552	94.73	4.73	$7,336
Apr 2014	0	1,464	95.94	4.81	$7,041
Mar 2014	0	1,596	95.89	5.06	$8,071
Feb 2014	0	1,447	97.40	6.19	$8,960
Jan 2014	0	1,541	90.40	4.86	$7,490
Dec 2013	0	1,291	91.82	4.35	$5,622
Nov 2013	0	1,504	88.85	3.74	$5,622
Oct 2013	0	1,617	97.42	3.78	$6,111
Sep 2013	0	1,604	104.11	3.72	$5,963
Aug 2013	0	1,629	104.25	3.52	$5,738
Jul 2013	0	1,548	102.52	3.72	$5,755
Jun 2013	1	1,533	94.40	3.93	$6,124
May 2013	1	1,658	94.83	4.15	$6,974
Apr 2013	0	1,568	93.96	4.28	$6,715
Mar 2013	1	1,567	93.62	3.91	$6,225
Feb 2013	0	1,383	91.23	3.42	$4,730
Jan 2013	0	1,448	91.60	3.42	$4,952
Dec 2012	0	1,616	86.77	3.42	$5,527
Nov 2012	0	1,718	86.95	3.62	$6,228
Oct 2012	0	1,779	89.38	3.40	$6,048
Sep 2012	0	1,682	94.67	2.92	$4,909
Aug 2012	0	1,755	92.66	2.91	$5,104
Jul 2012	0	1,786	85.13	3.02	$5,395
Jun 2012	0	1,449	79.82	2.52	$3,650
May 2012	0	1,507	91.61	2.49	$3,750
Apr 2012	0	1,591	101.65	2.00	$3,177
Mar 2012	0	1,673	105.05	2.22	$3,718
Feb 2012	0	1,558	101.10	2.57	$4,004
Jan 2012	1	1,621	98.09	2.73	$4,530
Dec 2011	0	1,514	96.87	3.24	$4,905
Nov 2011	1	1,279	95.72	3.31	$4,331
Oct 2011	0	1,518	84.98	3.65	$5,538
Sep 2011	1	1,557	83.62	3.99	$6,290
Aug 2011	1	1,530	83.40	4.15	$6,432
Jul 2011	0	1,687	94.14	4.52	$7,621
Jun 2011	0	1,566	92.90	4.64	$7,266
May 2011	0	1,625	98.13	4.40	$7,158
Apr 2011	0	1,725	105.96	4.33	$7,475
Mar 2011	2	1,770	96.36	4.06	$7,374
Feb 2011	0	1,754	85.64	4.18	$7,332
Jan 2011	1	1,983	86.50	4.59	$9,186
Dec 2010	0	1,927	85.73	4.35	$8,378
Nov 2010	0	1,818	80.84	3.80	$6,900
Oct 2010	2	1,547	78.10	3.51	$5,584
Sep 2010	0	1,527	72.63	3.98	$6,077
Aug 2010	0	1,852	73.68	4.42	$8,185
Jul 2010	0	1,842	72.55	4.74	$8,725
Jun 2010	2	1,830	70.36	4.91	$9,127
May 2010	2	1,884	71.12	4.24	$8,121
Apr 2010	2	1,765	81.69	4.12	$7,440
Mar 2010	0	2,160	78.39	4.39	$9,480
Feb 2010	0	1,746	73.58	5.44	$9,502
Jan 2010	0	1,808	74.36	5.96	$10,783
Dec 2009	3	2,192	71.44	5.48	$12,235
Nov 2009	2	2,132	74.59	3.75	$8,147
Oct 2009	0	2,175	72.54	4.11	$8,940
Sep 2009	1	2,157	65.54	3.06	$6,676
Aug 2009	0	2,327	67.42	3.22	$7,489
Jul 2009	3	2,200	61.13	3.46	$7,805
Jun 2009	3	2,226	66.16	3.90	$8,869
May 2009	1	2,310	54.74	3.93	$9,123
Apr 2009	0	2,451	46.77	3.59	$8,793
Mar 2009	0	2,370	42.14	4.06	$9,620
Feb 2009	0	2,369	32.81	4.63	$10,976
Jan 2009	0	2,611	35.86	5.37	$14,024
Dec 2008	0	2,642	37.10	5.98	$15,792
Nov 2008	2	2,356	55.49	6.86	$16,274
Oct 2008	0	2,503	75.24	6.92	$17,326
Sep 2008	0	2,468	101.76	7.88	$19,441
Aug 2008	0	1,853	114.22	8.48	$15,719
Jul 2008	1	2,564	131.08	11.39	$29,334
Jun 2008	5	2,454	131.33	13.03	$32,639
May 2008	0	2,662	123.17	11.57	$30,811
Apr 2008	3	2,428	110.31	10.45	$25,715
Mar 2008	3	2,530	101.90	9.66	$24,756
Feb 2008	4	2,766	92.53	8.77	$24,630
Jan 2008	5	3,020	90.38	8.21	$25,233
Dec 2007	0	3,127	88.33	7.30	$22,833
Nov 2007	5	3,086	91.67	7.29	$22,961
Oct 2007	0	3,269	82.85	6.92	$22,628
Sep 2007	0	3,259	75.84	6.24	$20,350
Aug 2007	2	3,511	69.06	6.39	$22,566
Jul 2007	2	3,577	70.90	6.39	$22,991
Jun 2007	2	3,496	62.00	7.55	$26,513
May 2007	1	3,833	58.74	7.85	$30,134
Apr 2007	0	3,866	59.61	7.81	$30,175
Mar 2007	1	4,057	56.92	7.30	$29,681
Feb 2007	0	3,791	55.10	8.22	$31,147
Jan 2007	0	4,420	50.30	6.73	$29,733
Dec 2006	1	4,523	56.65	6.92	$31,349
Nov 2006	0	4,568	54.20	7.62	$34,797
Oct 2006	1	4,662	54.90	6.01	$28,091
Sep 2006	2	4,769	60.08	5.04	$24,143
Aug 2006	3	5,272	68.71	7.34	$38,902
Jul 2006	1	5,597	69.37	6.34	$35,570
Jun 2006	2	5,817	66.28	6.38	$37,268
May 2006	2	6,559	66.01	6.42	$42,274
Apr 2006	3	7,080	64.39	7.36	$52,305
Mar 2006	9	8,572	56.70	7.08	$61,225
Feb 2006	2	9,005	57.59	7.75	$69,914
Jan 2006	0	11,787	60.59	8.93	$105,297

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                  571 Mcf  × $  3.05 =     $1,739

────────────────────────────────────────────────────
Month total                                   $1,739

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/218161 is the state's own key, not one this site invented.