REAGAN "C"

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) in the BALD PRAIRIE (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 226297District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Feb 2007 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
232
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 868 leases and 868 wells, and the rule below applies to all of them.

Discovered
2001-02-22
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 2011-03-08.

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: PER DOCKET 05-0268631 EFFECTIVE 03/08/2011, AMENDED RULE 2 TO

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 Gas112007-06-25178792
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
CondensateDisposition32 bbl$2,777
GasProduction809,187 Mcf$4,397,855
Total$4,400,632

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 31.1644, -96.4411. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.16438, -96.44106 · 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
13,003 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 13,003 ft.

Completions filed
Feb 2007
1 of 1 wells

1 well

42-39531204913,003 ftFeb 2007

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 (232)

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

232 months

May 20260215106.413.05$655
Apr 2026020698.932.87$591
Mar 2026021389.753.15$671
Feb 2026020063.503.75$750
Jan 2026021459.138.00$1,712
Dec 2025021756.664.41$958
Nov 2025021258.593.93$832
Oct 2025021759.383.30$717
Sep 2025021462.743.08$658
Aug 2025025863.933.01$778
Jul 2025018266.743.32$603
Jun 2025020766.483.13$648
May 2025022460.553.23$724
Apr 2025021662.363.54$765
Mar 2025022467.704.27$956
Feb 2025019070.884.34$825
Jan 2025019174.324.28$817
Dec 2024018068.993.12$562
Nov 2024015369.052.20$336
Oct 2024018271.372.28$415
Sep 2024021569.612.36$508
Aug 2024033775.632.06$695
Jul 2024061279.932.15$1,314
Jun 2024025378.082.63$666
May 2024026278.812.20$576
Apr 2024024984.451.66$413
Mar 2024026380.301.55$406
Feb 2024025076.091.78$446
Jan 2024025473.023.30$838
Dec 2023025671.262.61$668
Nov 2023024677.892.81$691
Oct 2023024085.443.09$741
Sep 2023022889.042.74$624
Aug 2023024180.522.67$644
Jul 2023024574.852.64$647
Jun 2023023668.962.26$533
May 2023025470.622.23$566
Apr 2023024078.122.24$537
Mar 2023025372.852.39$605
Feb 2023023975.112.47$589
Jan 2023026676.533.39$901
Dec 2022026476.415.73$1,512
Nov 2022025385.005.65$1,428
Oct 2022024287.185.86$1,419
Sep 2022022084.888.16$1,796
Aug 2022023994.529.13$2,181
Jul 20220239101.587.54$1,803
Jun 20220243115.097.98$1,938
May 20220267109.378.43$2,252
Apr 20220258104.226.84$1,764
Mar 20220265108.885.08$1,345
Feb 2022024391.054.86$1,181
Jan 2022027281.844.54$1,234
Dec 2021026571.323.90$1,033
Nov 2021024377.435.24$1,273
Oct 2021026579.795.71$1,514
Sep 2021027069.865.35$1,445
Aug 2021027466.024.22$1,156
Jul 2021028070.783.98$1,115
Jun 2021027569.493.38$930
May 2021028563.483.02$860
Apr 2021027960.362.76$770
Mar 2021028861.302.72$782
Feb 2021025157.805.55$1,393
Jan 2021026750.412.81$750
Dec 2020025444.642.68$680
Nov 2020023038.772.71$623
Oct 2020022336.972.48$553
Sep 2020020337.091.99$404
Aug 2020019739.982.39$470
Jul 2020018938.371.83$345
Jun 2020017834.901.69$301
May 2020018116.921.81$328
Apr 2020017414.751.80$314
Mar 2020018730.341.86$347
Feb 2020018349.881.98$362
Jan 2020020057.252.09$419
Dec 2019021259.012.30$489
Nov 2019020855.302.75$572
Oct 2019022753.472.42$549
Sep 2019025655.052.66$680
Aug 2019027753.112.30$638
Jul 2019029556.272.46$726
Jun 2019024452.782.49$608
May 2019031658.482.74$866
Apr 2019036362.632.75$999
Mar 2019047456.803.06$1,451
Feb 2019041950.852.79$1,170
Jan 2019052146.033.23$1,682
Dec 2018060646.594.19$2,536
Nov 2018065252.934.24$2,763
Oct 2018072761.443.40$2,470
Sep 2018077859.543.11$2,418
Aug 2018085159.403.07$2,610
Jul 2018099765.142.93$2,923
Jun 201801,11760.183.08$3,437
May 201801,38865.382.90$4,026
Apr 201801,53463.842.90$4,450
Mar 201801,63761.222.79$4,562
Feb 201801,52361.782.77$4,213
Jan 201801,70962.874.01$6,852
Dec 201701,71557.272.92$5,010
Nov 201701,68355.423.12$5,248
Oct 201701,79049.292.98$5,341
Sep 201701,76947.523.09$5,461
Aug 201701,91845.373.00$5,762
Jul 201711,67643.873.09$5,218
Jun 201701,53142.493.09$4,727
May 201701,56945.373.26$5,120
Apr 201701,77547.933.21$5,701
Mar 201701,64846.772.98$4,917
Feb 201711,83550.452.95$5,468
Jan 201702,21549.413.42$7,573
Dec 201602,27748.763.72$8,477
Nov 201612,30042.492.64$6,124
Oct 201602,41046.193.09$7,448
Sep 201602,32741.553.10$7,215
Aug 201612,69841.442.92$7,931
Jul 201602,25041.622.92$6,580
Jun 201602,04245.352.69$5,484
May 201602,29542.521.99$4,569
Apr 201611,87336.561.99$3,766
Mar 201601,94633.011.79$3,491
Feb 201601,70726.472.06$3,523
Jan 201602,05727.352.36$4,863
Dec 201501,52632.362.00$3,054
Nov 201501,61238.792.17$3,494
Oct 201504,78143.552.43$11,601
Sep 201501,29842.992.76$3,580
Aug 201501,73740.162.87$4,990
Jul 2015097248.152.95$2,863
Jun 201501,60356.152.88$4,621
May 201501,19855.212.96$3,541
Apr 201501,46149.822.71$3,954
Mar 201501,57842.892.93$4,631
Feb 201502,47944.662.98$7,378
Jan 201502,51843.433.10$7,807
Dec 201401,08754.693.59$3,904
Nov 201401,79270.464.25$7,619
Oct 201401,51578.303.90$5,910
Sep 201401,09186.164.05$4,414
Aug 2014016089.394.04$646
Jul 2014040096.564.18$1,672
Jun 201401,90498.164.74$9,019
May 201402,54794.734.73$12,039
Apr 201402,52195.944.81$12,124
Mar 201402,80195.895.06$14,164
Feb 201402,84897.406.19$17,635
Jan 201402,99790.404.86$14,568
Dec 201303,57391.824.35$15,559
Nov 201303,67088.853.74$13,719
Oct 201303,69397.423.78$13,957
Sep 201303,986104.113.72$14,819
Aug 201304,245104.253.52$14,953
Jul 201304,330102.523.72$16,098
Jun 201314,30594.403.93$17,028
May 201304,42394.834.15$18,351
Apr 201304,33793.964.28$18,574
Mar 201304,69193.623.91$18,355
Feb 201304,04391.233.42$13,827
Jan 201304,51291.603.42$15,431
Dec 201204,75886.773.42$16,273
Nov 201204,64586.953.62$16,838
Oct 201204,73889.383.40$16,108
Sep 201204,76594.672.92$13,906
Aug 201205,12292.662.91$14,896
Jul 201205,67085.133.02$17,128
Jun 201205,46079.822.52$13,754
May 201205,61591.612.49$13,972
Apr 201205,456101.652.00$10,895
Mar 201205,581105.052.22$12,401
Feb 201205,542101.102.57$14,244
Jan 201205,70398.092.73$15,592
Dec 201105,74896.873.24$18,622
Nov 201105,58695.723.31$18,497
Oct 201105,91784.983.65$21,588
Sep 201105,77983.623.99$23,034
Aug 201106,17883.404.15$25,635
Jul 201106,36194.144.52$28,734
Jun 201106,26792.904.64$29,078
May 201126,69198.134.40$29,669
Apr 201106,697105.964.33$29,020
Mar 201107,17096.364.06$29,091
Feb 201106,43885.644.18$26,911
Jan 201116,87286.504.59$31,621
Dec 201017,53885.734.35$32,859
Nov 201017,62180.843.80$29,005
Oct 201017,59478.103.51$26,725
Sep 201016,44472.633.98$25,716
Aug 201015,86573.684.42$25,993
Jul 201006,34872.554.74$30,067
Jun 201016,15470.364.91$30,289
May 201016,59671.124.24$28,007
Apr 201006,58381.694.12$27,140
Mar 201006,64578.394.39$29,163
Feb 201006,26373.585.44$34,086
Jan 201016,99874.365.96$41,811
Dec 200907,29071.445.48$39,977
Nov 200907,21174.593.75$27,052
Oct 200907,55372.544.11$31,045
Sep 200907,44465.543.06$22,814
Aug 200907,89167.423.22$25,397
Jul 200918,59361.133.46$29,832
Jun 200908,57066.163.90$33,380
May 200909,01554.743.93$35,391
Apr 200908,22346.773.59$29,500
Mar 200908,43742.144.06$34,246
Feb 200907,95232.814.63$36,842
Jan 200908,86435.865.37$47,609
Dec 200819,09637.105.98$54,405
Nov 200809,18455.496.86$63,006
Oct 200829,67775.246.92$67,134
Sep 200829,448101.767.88$74,626
Aug 2008010,203114.228.48$86,552
Jul 2008210,767131.0811.39$122,892
Jun 2008411,356131.3313.03$148,524
May 2008212,029123.1711.57$139,473
Apr 2008011,292110.3110.45$118,056
Mar 2008011,787101.909.66$113,910
Feb 2008111,46692.538.77$100,656
Jan 2008012,85390.388.21$105,468
Dec 2007013,43788.337.30$98,117
Nov 2007013,75491.677.29$100,290
Oct 2007014,57082.856.92$100,853
Sep 2007013,91975.846.24$86,912
Aug 2007015,15169.066.39$96,784
Jul 2007016,25670.906.39$103,842
Jun 2007017,40762.007.55$131,396
May 2007016,28858.747.85$127,800
Apr 2007020,35259.617.81$158,851
Mar 2007024,85556.927.30$181,490
Feb 2007020,31855.108.22$166,933

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                  215 Mcf  × $  3.05 =       $655

────────────────────────────────────────────────────
Month total                                     $655

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/226297 is the state's own key, not one this site invented.