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 218215District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.4 M
May 2006 – May 2026
Value, last 12 filed months
$46 k
at the published price for each month
Months reported
241
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 Gas112008-02-06168841
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
CondensateDisposition820 bbl$52,940
GasProduction1,710,975 Mcf$9,391,918
Total$9,444,858

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 31.4298, -96.2328. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42977, -96.23280 · 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
14,286 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 14,286 ft.

Completions filed
Sep 2009
1 of 1 wells

1 well

42-161334161214,286 ftSep 2009

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 (241)

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

241 months

May 20262969106.413.05$3,164
Apr 202631,00098.932.87$3,167
Mar 2026087489.753.15$2,753
Feb 2026578463.503.75$3,258
Jan 2026187759.138.00$7,073
Dec 2025098356.664.41$4,338
Nov 20251099658.593.93$4,497
Oct 2025496059.383.30$3,410
Sep 2025288962.743.08$2,861
Aug 2025597463.933.01$3,256
Jul 202501,07266.743.32$3,554
Jun 202501,35666.483.13$4,243
May 202511,26260.553.23$4,140
Apr 2025152962.363.54$1,937
Mar 2025263767.704.27$2,854
Feb 2025080670.884.34$3,499
Jan 2025068374.324.28$2,922
Dec 2024035668.993.12$1,111
Nov 2024049569.052.20$1,088
Oct 2024044771.372.28$1,020
Sep 2024046869.612.36$1,107
Aug 2024062875.632.06$1,296
Jul 2024066479.932.15$1,425
Jun 2024065078.082.63$1,712
May 2024062878.812.20$1,381
Apr 2024062584.451.66$1,037
Mar 2024065080.301.55$1,004
Feb 2024061676.091.78$1,099
Jan 2024063773.023.30$2,101
Dec 2023079371.262.61$2,070
Nov 2023047777.892.81$1,339
Oct 2023067985.443.09$2,096
Sep 2023046289.042.74$1,264
Aug 2023039480.522.67$1,053
Jul 2023057574.852.64$1,519
Jun 2023073168.962.26$1,651
May 2023066170.622.23$1,472
Apr 2023069078.122.24$1,544
Mar 2023090572.852.39$2,166
Feb 2023079475.112.47$1,958
Jan 2023094076.533.39$3,184
Dec 2022092676.415.73$5,305
Nov 2022095485.005.65$5,386
Oct 2022078087.185.86$4,574
Sep 2022086084.888.16$7,021
Aug 2022092094.529.13$8,397
Jul 20220737101.587.54$5,559
Jun 20220661115.097.98$5,273
May 20220694109.378.43$5,853
Apr 20220668104.226.84$4,568
Mar 20220684108.885.08$3,472
Feb 2022061591.054.86$2,988
Jan 2022067981.844.54$3,081
Dec 2021066771.323.90$2,601
Nov 2021056377.435.24$2,948
Oct 2021054379.795.71$3,103
Sep 2021019369.865.35$1,033
Aug 2021093366.024.22$3,938
Jul 2021093670.783.98$3,727
Jun 2021091969.493.38$3,107
May 2021093063.483.02$2,806
Apr 2021091660.362.76$2,527
Mar 2021091761.302.72$2,491
Feb 2021058857.805.55$3,262
Jan 202101,00750.412.81$2,830
Dec 202001,01744.642.68$2,721
Nov 2020092538.772.71$2,504
Oct 2020099936.972.48$2,476
Sep 202001,02337.091.99$2,037
Aug 202001,19739.982.39$2,855
Jul 202001,11438.371.83$2,033
Jun 202001,26134.901.69$2,131
May 202001,29016.921.81$2,341
Apr 202001,22214.751.80$2,205
Mar 202001,25530.341.86$2,330
Feb 202001,24849.881.98$2,472
Jan 202001,71957.252.09$3,601
Dec 201902,00959.012.30$4,629
Nov 201901,92455.302.75$5,292
Oct 201902,12853.472.42$5,147
Sep 201902,11155.052.66$5,610
Aug 201901,57353.112.30$3,625
Jul 201901,32556.272.46$3,260
Jun 201901,89152.782.49$4,711
May 201901,98358.482.74$5,434
Apr 201901,98862.632.75$5,468
Mar 201902,09856.803.06$6,424
Feb 201901,95950.852.79$5,470
Jan 201902,41046.033.23$7,780
Dec 201802,31646.594.19$9,693
Nov 201802,06852.934.24$8,763
Oct 201801,69061.443.40$5,743
Sep 201801,95159.543.11$6,064
Aug 201802,12159.403.07$6,504
Jul 201801,72965.142.93$5,069
Jun 2018096460.183.08$2,966
May 201801,38265.382.90$4,009
Apr 201801,26363.842.90$3,664
Mar 201801,67761.222.79$4,674
Feb 201801,04561.782.77$2,891
Jan 201801,47462.874.01$5,910
Dec 201702,09957.272.92$6,132
Nov 201702,48455.423.12$7,746
Oct 201703,38649.292.98$10,103
Sep 201703,01947.523.09$9,321
Aug 201702,66245.373.00$7,998
Jul 201702,79943.873.09$8,641
Jun 201702,82442.493.09$8,718
May 201702,89645.373.26$9,451
Apr 201702,81647.933.21$9,044
Mar 201702,91846.772.98$8,706
Feb 201702,72550.452.95$8,046
Jan 201702,80649.413.42$9,593
Dec 201602,84048.763.72$10,573
Nov 201603,01642.492.64$7,975
Oct 201603,07046.193.09$9,487
Sep 201602,98141.553.10$9,243
Aug 201603,17041.442.92$9,270
Jul 201603,17141.622.92$9,273
Jun 201603,04945.352.69$8,189
May 201603,22042.521.99$6,411
Apr 201602,48236.561.99$4,942
Mar 20161591,75733.011.79$8,401
Feb 201601,16226.472.06$2,398
Jan 201602,45327.352.36$5,800
Dec 201502,40732.362.00$4,817
Nov 201502,90838.792.17$6,303
Oct 201502,83443.552.43$6,877
Sep 201502,35342.992.76$6,491
Aug 201503,01240.162.87$8,652
Jul 201502,70148.152.95$7,955
Jun 201503,04056.152.88$8,764
May 201503,05555.212.96$9,029
Apr 201503,33349.822.71$9,021
Mar 201502,31942.892.93$6,806
Feb 201502,04144.662.98$6,074
Jan 201503,04943.433.10$9,454
Dec 201403,56954.693.59$12,818
Nov 201403,47770.464.25$14,784
Oct 201403,50578.303.90$13,673
Sep 201403,35186.164.05$13,556
Aug 201402,55189.394.04$10,294
Jul 201403,65796.564.18$15,285
Jun 201403,82698.164.74$18,123
May 201403,96294.734.73$18,727
Apr 201404,00495.944.81$19,256
Mar 201403,10295.895.06$15,686
Feb 201403,81197.406.19$23,598
Jan 201403,83390.404.86$18,631
Dec 201304,39691.824.35$19,142
Nov 201304,38588.853.74$16,392
Oct 201304,69097.423.78$17,725
Sep 201304,728104.113.72$17,577
Aug 201305,132104.253.52$18,078
Jul 201305,364102.523.72$19,942
Jun 201305,32694.403.93$20,949
May 201304,55894.834.15$18,912
Apr 201302,65193.964.28$11,353
Mar 201302,80093.623.91$10,956
Feb 201301,96591.233.42$6,720
Jan 201302,38491.603.42$8,153
Dec 201202,44886.773.42$8,373
Nov 201202,16086.953.62$7,830
Oct 201202,47889.383.40$8,424
Sep 201202,63294.672.92$7,681
Aug 201203,26992.662.91$9,507
Jul 201203,79385.133.02$11,458
Jun 201203,96179.822.52$9,978
May 201203,63791.612.49$9,050
Apr 201204,333101.652.00$8,652
Mar 201214,821105.052.22$10,818
Feb 201204,459101.102.57$11,461
Jan 201204,71698.092.73$12,894
Dec 201105,28296.873.24$17,112
Nov 201103,95395.723.31$13,089
Oct 201104,95984.983.65$18,093
Sep 201115,24983.623.99$21,005
Aug 201106,10583.404.15$25,332
Jul 201106,35694.144.52$28,712
Jun 201106,52092.904.64$30,252
May 201107,51998.134.40$33,120
Apr 201107,813105.964.33$33,856
Mar 201108,57896.364.06$34,804
Feb 201108,78685.644.18$36,725
Jan 201109,79286.504.59$44,933
Dec 2010010,64285.734.35$46,269
Nov 2010011,18980.843.80$42,466
Oct 2010012,45378.103.51$43,696
Sep 2010012,62872.633.98$50,253
Aug 2010012,52073.684.42$55,330
Jul 2010013,18372.554.74$62,441
Jun 2010013,73970.364.91$67,464
May 201018215,21871.124.24$77,395
Apr 2010015,93781.694.12$65,703
Mar 2010018,20178.394.39$79,878
Feb 2010418,51473.585.44$101,054
Jan 20101123,30874.365.96$139,829
Dec 2009026,74571.445.48$146,663
Nov 2009034,24274.593.75$128,459
Oct 2009034,58272.544.11$142,141
Sep 2009037,66665.543.06$115,437
Aug 2009031,36267.423.22$100,939
Jul 2009023,43761.133.46$81,197
Jun 2009055466.163.90$2,158
May 200909,19454.743.93$36,093
Apr 2009211,78746.773.59$42,379
Mar 2009114,81442.144.06$60,172
Feb 200908,62432.814.63$39,955
Jan 2009215,67135.865.37$84,241
Dec 2008022,67737.105.98$135,544
Nov 2008028,61255.496.86$196,289
Oct 200802,43075.246.92$16,820
Sep 200802,077101.767.88$16,361
Aug 200805,327114.228.48$45,189
Jul 200819,270131.0811.39$105,711
Jun 200805,220131.3313.03$68,030
May 200808,464123.1711.57$97,965
Apr 2008319,485110.3110.45$204,044
Mar 2008223,625101.909.66$228,517
Feb 200817528,78192.538.77$268,619
Jan 200802,78590.388.21$22,853
Dec 200702,34988.337.30$17,152
Nov 200703,37591.677.29$24,609
Oct 200708,59182.856.92$59,467
Sep 200706,25275.846.24$39,038
Aug 2007011,85069.066.39$75,697
Jul 2007126,01270.906.39$166,234
Jun 2007130,07762.007.55$227,097
May 2007017,86758.747.85$140,189
Apr 2007122,33259.617.81$174,365
Mar 2007135,70056.927.30$260,737
Feb 2007128,76955.108.22$236,421
Jan 2007034,03750.306.73$228,962
Dec 200618437,25956.656.92$268,198
Nov 2006538,61254.207.62$294,397
Oct 2006546,46454.906.01$279,700
Sep 2006951,31260.085.04$259,010
Aug 20061053,83768.717.34$395,846
Jul 2006463,34669.376.34$402,066
Jun 2006385,26466.286.38$544,514
May 200615102,94966.016.42$662,437

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             2 bbl  × $106.41 =       $213
Gas                  969 Mcf  × $  3.05 =     $2,951

────────────────────────────────────────────────────
Month total                                   $3,164

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/218215 is the state's own key, not one this site invented.