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 222066District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.0 M
Aug 2006 – May 2026
Value, last 12 filed months
$44 k
at the published price for each month
Months reported
238
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 Gas112008-02-06170836
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
CondensateDisposition530 bbl$31,898
GasProduction1,237,751 Mcf$5,956,294
Total$5,988,192

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 31.4301, -96.2245. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43007, -96.22453 · 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
14,270 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 14,270 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-161334591814,270 ftMar 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 (238)

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

238 months

May 20260918106.413.05$2,796
Apr 2026091598.932.87$2,626
Mar 2026094589.753.15$2,976
Feb 2026090363.503.75$3,387
Jan 202601,03159.138.00$8,246
Dec 202501,01056.664.41$4,457
Nov 2025094658.593.93$3,714
Oct 2025098359.383.30$3,249
Sep 2025097062.743.08$2,985
Aug 2025098763.933.01$2,976
Jul 202501,00266.743.32$3,322
Jun 2025093866.483.13$2,935
May 2025086960.553.23$2,809
Apr 2025064962.363.54$2,299
Mar 2025065067.704.27$2,774
Feb 2025059470.884.34$2,578
Jan 2025069474.324.28$2,969
Dec 2024060768.993.12$1,895
Nov 2024061469.052.20$1,350
Oct 2024075671.372.28$1,725
Sep 2024079269.612.36$1,873
Aug 2024087675.632.06$1,808
Jul 2024083279.932.15$1,786
Jun 2024098678.082.63$2,597
May 202401,03678.812.20$2,278
Apr 202401,03984.451.66$1,724
Mar 202401,08180.301.55$1,670
Feb 202401,01176.091.78$1,803
Jan 202401,08773.023.30$3,585
Dec 202301,06971.262.61$2,791
Nov 202301,02877.892.81$2,886
Oct 202301,04685.443.09$3,229
Sep 202301,01989.042.74$2,787
Aug 202301,04780.522.67$2,799
Jul 202301,05374.852.64$2,782
Jun 202301,01668.962.26$2,295
May 202301,07870.622.23$2,401
Apr 202301,08478.122.24$2,426
Mar 202301,11572.852.39$2,668
Feb 202301,02475.112.47$2,525
Jan 202301,13476.533.39$3,842
Dec 202201,13976.415.73$6,525
Nov 202201,08485.005.65$6,120
Oct 202201,12687.185.86$6,603
Sep 202201,07384.888.16$8,760
Aug 202201,11494.529.13$10,168
Jul 202201,111101.587.54$8,379
Jun 202201,072115.097.98$8,552
May 202201,116109.378.43$9,411
Apr 202201,147104.226.84$7,843
Mar 202201,242108.885.08$6,305
Feb 202201,16891.054.86$5,675
Jan 202201,11781.844.54$5,069
Dec 202101,24271.323.90$4,843
Nov 202101,16677.435.24$6,106
Oct 202101,21979.795.71$6,965
Sep 202101,14969.865.35$6,148
Aug 202101,22066.024.22$5,149
Jul 202101,33570.783.98$5,316
Jun 202101,31169.493.38$4,432
May 202101,31563.483.02$3,968
Apr 202101,26760.362.76$3,495
Mar 202101,30561.302.72$3,546
Feb 202101,27357.805.55$7,063
Jan 202101,38950.412.81$3,903
Dec 202001,39844.642.68$3,740
Nov 202001,36638.772.71$3,697
Oct 202001,43036.972.48$3,544
Sep 202001,37837.091.99$2,744
Aug 202001,47139.982.39$3,508
Jul 202001,48238.371.83$2,705
Jun 202001,71334.901.69$2,896
May 202001,55116.921.81$2,815
Apr 202001,62014.751.80$2,923
Mar 202001,67130.341.86$3,102
Feb 202001,62749.881.98$3,223
Jan 202001,66457.252.09$3,486
Dec 201901,63859.012.30$3,775
Nov 201901,60355.302.75$4,409
Oct 201901,66253.472.42$4,020
Sep 201901,66755.052.66$4,430
Aug 201901,65053.112.30$3,802
Jul 201901,70556.272.46$4,194
Jun 201901,66652.782.49$4,150
May 201901,75358.482.74$4,804
Apr 201901,85062.632.75$5,089
Mar 201901,93356.803.06$5,919
Feb 201901,71150.852.79$4,777
Jan 201902,02346.033.23$6,531
Dec 201801,99446.594.19$8,346
Nov 201801,97652.934.24$8,373
Oct 201801,45661.443.40$4,948
Sep 201801,51159.543.11$4,696
Aug 201801,63459.403.07$5,011
Jul 201801,62865.142.93$4,773
Jun 201801,48860.183.08$4,578
May 201801,56165.382.90$4,528
Apr 201801,50363.842.90$4,360
Mar 201801,54161.222.79$4,295
Feb 201801,39661.782.77$3,862
Jan 201801,92762.874.01$7,726
Dec 201701,98857.272.92$5,808
Nov 201701,81055.423.12$5,644
Oct 201701,90149.292.98$5,672
Sep 201701,80947.523.09$5,585
Aug 201702,16645.373.00$6,508
Jul 201702,16743.873.09$6,690
Jun 201702,10542.493.09$6,499
May 201702,23245.373.26$7,284
Apr 201702,09447.933.21$6,725
Mar 201702,23246.772.98$6,660
Feb 201701,94650.452.95$5,746
Jan 201702,60449.413.42$8,903
Dec 201602,41148.763.72$8,976
Nov 201602,35442.492.64$6,225
Oct 201602,35546.193.09$7,278
Sep 20161622,26141.553.10$13,742
Aug 201602,30441.442.92$6,738
Jul 201602,52941.622.92$7,396
Jun 201601,87045.352.69$5,023
May 201602,78442.521.99$5,543
Apr 201603,20036.561.99$6,371
Mar 201603,33933.011.79$5,990
Feb 201603,26726.472.06$6,742
Jan 201603,47627.352.36$8,219
Dec 201503,44532.362.00$6,895
Nov 201503,32838.792.17$7,213
Oct 201503,44943.552.43$8,369
Sep 201503,36042.992.76$9,268
Aug 201503,58540.162.87$10,298
Jul 201503,60048.152.95$10,602
Jun 201503,52456.152.88$10,159
May 201503,75355.212.96$11,092
Apr 201503,51949.822.71$9,524
Mar 201503,77142.892.93$11,067
Feb 201503,49344.662.98$10,396
Jan 201503,97543.433.10$12,325
Dec 201403,95154.693.59$14,189
Nov 201403,66170.464.25$15,566
Oct 201403,85778.303.90$15,046
Sep 201403,83786.164.05$15,522
Aug 201403,40689.394.04$13,744
Jul 201404,11796.564.18$17,207
Jun 201403,76998.164.74$17,853
May 201404,24694.734.73$20,069
Apr 201404,05695.944.81$19,506
Mar 201404,34895.895.06$21,987
Feb 201403,96697.406.19$24,557
Jan 201404,38090.404.86$21,290
Dec 201304,62791.824.35$20,148
Nov 201304,53788.853.74$16,961
Oct 201304,53797.423.78$17,147
Sep 201304,516104.113.72$16,789
Aug 201304,842104.253.52$17,056
Jul 201305,087102.523.72$18,912
Jun 201304,66394.403.93$18,341
May 201305,00494.834.15$20,762
Apr 201304,96693.964.28$21,267
Mar 201305,05693.623.91$19,783
Feb 201304,90591.233.42$16,775
Jan 201305,87091.603.42$20,075
Dec 201206,14286.773.42$21,007
Nov 201206,08986.953.62$22,072
Oct 201206,28689.383.40$21,370
Sep 201206,28594.672.92$18,342
Aug 201206,50392.662.91$18,912
Jul 201227,01485.133.02$21,358
Jun 201206,82779.822.52$17,197
May 201207,00891.612.49$17,438
Apr 201206,969101.652.00$13,916
Mar 201206,910105.052.22$15,355
Feb 201206,362101.102.57$16,352
Jan 201206,86498.092.73$18,767
Dec 201106,87296.873.24$22,263
Nov 201106,52595.723.31$21,606
Oct 201106,48884.983.65$23,672
Sep 201106,60283.623.99$26,314
Aug 201108,09483.404.15$33,585
Jul 201107,70594.144.52$34,805
Jun 201107,47992.904.64$34,702
May 201108,02898.134.40$35,362
Apr 201107,427105.964.33$32,183
Mar 201109,57996.364.06$38,865
Feb 201107,94585.644.18$33,210
Jan 201107,75886.504.59$35,600
Dec 20101727,87385.734.35$48,975
Nov 201008,59380.843.80$32,613
Oct 201009,09978.103.51$31,927
Sep 201009,19472.633.98$36,587
Aug 201009,90573.684.42$43,774
Jul 2010010,18072.554.74$48,217
Jun 2010010,11170.364.91$49,649
May 2010010,85171.124.24$45,956
Apr 2010011,11981.694.12$45,840
Mar 2010011,61578.394.39$50,974
Feb 2010111,25173.585.44$61,306
Jan 2010612,76574.365.96$76,578
Dec 2009013,48071.445.48$73,921
Nov 2009013,31974.593.75$49,966
Oct 2009014,67472.544.11$60,314
Sep 2009015,23365.543.06$46,685
Aug 2009017,16167.423.22$55,233
Jul 2009018,96961.133.46$65,718
Jun 2009020,91466.163.90$81,460
May 2009023,33254.743.93$91,596
Apr 20092627,83446.773.59$101,071
Mar 20093023,89842.144.06$98,266
Feb 200991,54032.814.63$7,430
Jan 2009315,23435.865.37$81,929
Dec 2008233,30737.105.98$199,155
Nov 2008026,89155.496.86$184,482
Oct 2008140575.246.92$2,879
Sep 200803,727101.767.88$29,358
Aug 200804,470114.228.48$37,919
Jul 200803,432131.0811.39$39,089
Jun 200805,141131.3313.03$67,001
May 200806,045123.1711.57$69,967
Apr 20081453110.3110.45$4,846
Mar 200814,087101.909.66$39,599
Feb 200814,26192.538.77$37,464
Jan 200816,97590.388.21$57,325
Dec 200706,22888.337.30$45,477
Nov 2007010,69491.677.29$77,977
Oct 200719,39282.856.92$65,094
Sep 200709,48975.846.24$59,251
Aug 2007011,07669.066.39$70,753
Jul 2007212,12570.906.39$77,596
Jun 2007211,38562.007.55$86,063
May 2007013,52958.747.85$106,152
Apr 2007314,91959.617.81$116,625
Mar 20071015,42756.927.30$113,217
Feb 20071317,58055.108.22$145,154
Jan 20071020,28150.306.73$136,930
Dec 20061525,06256.656.92$174,240
Nov 20063030,09054.207.62$230,836
Oct 20061842,32854.906.01$255,540
Sep 2006344,74060.085.04$225,545
Aug 2006514,11668.717.34$103,954

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                  918 Mcf  × $  3.05 =     $2,796

────────────────────────────────────────────────────
Month total                                   $2,796

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/222066 is the state's own key, not one this site invented.