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 220649District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.2 M
Jun 2006 – May 2026
Value, last 12 filed months
$171 k
at the published price for each month
Months reported
240
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 Gas112006-11-20169670
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
CondensateDisposition218 bbl$15,052
GasProduction1,765,129 Mcf$9,207,834
Total$9,222,886

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 31.4322, -96.2289. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43221, -96.22893 · 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
14,284 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 14,284 ft.

Completions filed
Nov 2011
1 of 1 wells

1 well

42-16133149714,284 ftNov 2011

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 (240)

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

240 months

May 202633,812106.413.05$11,930
Apr 202663,61098.932.87$10,953
Mar 202603,68789.753.15$11,612
Feb 2026103,37563.503.75$13,292
Jan 202643,61259.138.00$29,125
Dec 202503,74356.664.41$16,519
Nov 2025163,68958.593.93$15,422
Oct 202583,84559.383.30$13,182
Sep 202533,78262.743.08$11,825
Aug 202593,92163.933.01$12,396
Jul 202503,95666.743.32$13,115
Jun 202503,75166.483.13$11,736
May 202513,80260.553.23$12,350
Apr 202523,41262.363.54$12,214
Mar 202533,26567.704.27$14,139
Feb 202502,92370.884.34$12,688
Jan 202513,85274.324.28$16,556
Dec 202423,31468.993.12$10,482
Nov 202409,90269.052.20$21,769
Oct 202413,24671.372.28$7,477
Sep 202413,53869.612.36$8,435
Aug 202403,80775.632.06$7,856
Jul 202424,11279.932.15$8,987
Jun 202443,55778.082.63$9,681
May 202434,07478.812.20$9,193
Apr 202433,82484.451.66$6,598
Mar 202403,94080.301.55$6,088
Feb 202403,65376.091.78$6,516
Jan 202413,79773.023.30$12,594
Dec 202303,89871.262.61$10,177
Nov 202303,32777.892.81$9,341
Oct 202303,29585.443.09$10,173
Sep 202303,48489.042.74$9,529
Aug 202303,61180.522.67$9,652
Jul 202303,85774.852.64$10,189
Jun 202303,61368.962.26$8,160
May 202304,06370.622.23$9,050
Apr 202303,90678.122.24$8,741
Mar 202304,27472.852.39$10,228
Feb 202303,79775.112.47$9,362
Jan 202304,07076.533.39$13,788
Dec 202203,75276.415.73$21,496
Nov 202203,57885.005.65$20,202
Oct 202203,34187.185.86$19,591
Sep 202203,91284.888.16$31,936
Aug 202203,99394.529.13$36,445
Jul 202203,902101.587.54$29,429
Jun 202203,698115.097.98$29,500
May 202203,943109.378.43$33,251
Apr 202203,111104.226.84$21,272
Mar 202203,438108.885.08$17,453
Feb 202202,03391.054.86$9,878
Jan 202202,30181.844.54$10,441
Dec 202101,84571.323.90$7,194
Nov 202101,82477.435.24$9,552
Oct 202101,98979.795.71$11,365
Sep 202102,27269.865.35$12,157
Aug 202102,52666.024.22$10,661
Jul 202103,34070.783.98$13,300
Jun 202101,32569.493.38$4,479
May 202102,01763.483.02$6,087
Apr 202102,12260.362.76$5,853
Mar 202101,51461.302.72$4,113
Feb 2021079657.805.55$4,416
Jan 202101,25150.412.81$3,516
Dec 202001,85544.642.68$4,963
Nov 202001,60638.772.71$4,347
Oct 202001,71336.972.48$4,246
Sep 202001,61437.091.99$3,214
Aug 202001,63639.982.39$3,902
Jul 202001,87238.371.83$3,417
Jun 202002,01934.901.69$3,413
May 202002,60716.921.81$4,731
Apr 202002,55614.751.80$4,612
Mar 202002,84930.341.86$5,288
Feb 202002,74349.881.98$5,433
Jan 202003,18157.252.09$6,663
Dec 201903,08259.012.30$7,102
Nov 201903,40855.302.75$9,374
Oct 201902,34153.472.42$5,662
Sep 201903,29555.052.66$8,756
Aug 201903,65353.112.30$8,418
Jul 201901,18256.272.46$2,908
Jun 201901,76652.782.49$4,399
May 201903,81658.482.74$10,457
Apr 201903,61362.632.75$9,938
Mar 201901,95256.803.06$5,977
Feb 201901,98050.852.79$5,529
Jan 201903,58946.033.23$11,586
Dec 201804,03046.594.19$16,867
Nov 201806,51252.934.24$27,593
Oct 201802,47161.443.40$8,397
Sep 201802,48659.543.11$7,726
Aug 201801,95059.403.07$5,980
Jul 201801,98265.142.93$5,811
Jun 201801,94660.183.08$5,988
May 201802,37265.382.90$6,881
Apr 201801,97563.842.90$5,729
Mar 201802,29561.222.79$6,396
Feb 201802,18261.782.77$6,036
Jan 201802,04262.874.01$8,187
Dec 201702,24957.272.92$6,571
Nov 201702,11555.423.12$6,595
Oct 201702,11649.292.98$6,313
Sep 201702,28847.523.09$7,064
Aug 201703,41445.373.00$10,257
Jul 201703,45243.873.09$10,657
Jun 201702,92342.493.09$9,024
May 201703,27945.373.26$10,701
Apr 201703,45147.933.21$11,083
Mar 201703,24046.772.98$9,667
Feb 201702,97250.452.95$8,775
Jan 201703,31349.413.42$11,326
Dec 201603,48548.763.72$12,974
Nov 201603,60742.492.64$9,538
Oct 201603,66146.193.09$11,313
Sep 201603,27541.553.10$10,155
Aug 201603,94041.442.92$11,522
Jul 201603,68541.622.92$10,776
Jun 201604,07445.352.69$10,942
May 201604,23042.521.99$8,422
Apr 201604,35936.561.99$8,679
Mar 201604,47333.011.79$8,025
Feb 201604,27926.472.06$8,830
Jan 201604,64027.352.36$10,971
Dec 201504,82432.362.00$9,655
Nov 201504,84738.792.17$10,505
Oct 201505,21143.552.43$12,645
Sep 201504,84242.992.76$13,356
Aug 201505,31940.162.87$15,279
Jul 201505,41848.152.95$15,956
Jun 201505,35656.152.88$15,441
May 201505,43655.212.96$16,066
Apr 201505,47949.822.71$14,829
Mar 201505,73342.892.93$16,825
Feb 201505,13344.662.98$15,277
Jan 201505,28343.433.10$16,381
Dec 201405,63554.693.59$20,237
Nov 201405,60970.464.25$23,849
Oct 201405,67578.303.90$22,138
Sep 201405,20386.164.05$21,048
Aug 201406,16889.394.04$24,889
Jul 201405,63196.564.18$23,535
Jun 201405,75598.164.74$27,261
May 201406,33894.734.73$29,957
Apr 201406,26995.944.81$30,148
Mar 201406,44495.895.06$32,586
Feb 201404,97097.406.19$30,774
Jan 201405,83090.404.86$28,338
Dec 201306,74491.824.35$29,367
Nov 201305,89188.853.74$22,022
Oct 201306,95397.423.78$26,278
Sep 201306,517104.113.72$24,229
Aug 201307,376104.253.52$25,983
Jul 201307,145102.523.72$26,563
Jun 201307,23094.403.93$28,439
May 201307,10094.834.15$29,458
Apr 201307,00993.964.28$30,017
Mar 201306,96793.623.91$27,261
Feb 201306,91991.233.42$23,662
Jan 201308,23191.603.42$28,149
Dec 201207,95486.773.42$27,204
Nov 201208,35486.953.62$30,283
Oct 201208,01989.383.40$27,262
Sep 201208,29394.672.92$24,202
Aug 201208,26992.662.91$24,048
Jul 201209,01385.133.02$27,226
Jun 201209,17779.822.52$23,117
May 201209,95391.612.49$24,766
Apr 2012010,229101.652.00$20,425
Mar 2012010,756105.052.22$23,901
Feb 2012012,077101.102.57$31,041
Jan 2012015,01898.092.73$41,060
Dec 2011014,02496.873.24$45,434
Nov 2011317,15195.723.31$57,079
Oct 201102,17184.983.65$7,921
Sep 201142,81983.623.99$11,570
Aug 201103,74083.404.15$15,518
Jul 201104,22394.144.52$19,076
Jun 201104,27792.904.64$19,845
May 201105,27698.134.40$23,240
Apr 201105,748105.964.33$24,908
Mar 201106,94396.364.06$28,170
Feb 201106,83285.644.18$28,558
Jan 201108,81386.504.59$40,441
Dec 2010010,92185.734.35$47,482
Nov 2010016,95880.843.80$64,361
Oct 2010011,97978.103.51$42,033
Sep 2010215,40872.633.98$61,461
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 201003,51970.364.91$17,280
May 201006,30471.124.24$26,699
Apr 201005,87981.694.12$24,237
Mar 201009,52778.394.39$41,811
Feb 201029,55673.585.44$52,154
Jan 2010211,15974.365.96$66,702
Dec 2009013,09071.445.48$71,782
Nov 2009011,92974.593.75$44,752
Oct 2009013,69472.544.11$56,286
Sep 2009015,92065.543.06$48,791
Aug 200909,00367.423.22$28,976
Jul 200908,47161.133.46$29,348
Jun 200909,55466.163.90$37,213
May 200906,19054.743.93$24,300
Apr 200918,88946.773.59$31,936
Mar 2009010,78942.144.06$43,793
Feb 200908,39332.814.63$38,885
Jan 2009112,90235.865.37$69,333
Dec 2008012,69837.105.98$75,898
Nov 2008010,49655.496.86$72,006
Oct 2008116,22975.246.92$112,412
Sep 2008016,179101.767.88$127,443
Aug 2008020,275114.228.48$171,993
Jul 2008422,942131.0811.39$261,821
Jun 2008727,492131.3313.03$359,212
May 2008445,365123.1711.57$525,560
Apr 20082643110.3110.45$6,943
Mar 200800101.909.66$0
Feb 200811,62592.538.77$14,345
Jan 200813,25690.388.21$26,808
Dec 200703,02788.337.30$22,103
Nov 200701,72291.677.29$12,556
Oct 200701,09382.856.92$7,566
Sep 2007118,74075.846.24$117,091
Aug 200759,50969.066.39$61,088
Jul 2007413,62970.906.39$87,345
Jun 200707,76262.007.55$58,591
May 2007028,44158.747.85$223,156
Apr 2007315,48159.617.81$121,011
Mar 20071037,66356.927.30$275,583
Feb 2007629,28555.108.22$240,936
Jan 20071030,57450.306.73$206,170
Dec 20061134,49156.656.92$239,247
Nov 20061235,02854.207.62$267,475
Oct 20061744,93954.906.01$271,187
Sep 20062152,42460.085.04$265,332
Aug 2006080,17668.717.34$588,485
Jul 2006081,91769.376.34$519,580
Jun 2006019,86566.286.38$126,816

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             3 bbl  × $106.41 =       $319
Gas                3,812 Mcf  × $  3.05 =    $11,611

────────────────────────────────────────────────────
Month total                                  $11,930

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/220649 is the state's own key, not one this site invented.