REAGAN "B"

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 226902District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.3 M
Jan 2007 – May 2026
Value, last 12 filed months
$210 k
at the published price for each month
Months reported
233
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 Gas112007-08-20178793
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
CondensateDisposition28 bbl$2,150
GasProduction2,849,872 Mcf$14,309,933
Total$14,312,083

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 31.1804, -96.4315. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.18042, -96.43152 · 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
13,056 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 13,056 ft.

Completions filed
Feb 2008
1 of 1 wells

1 well

42-395311906H13,056 ftFeb 2008

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 (233)

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

233 months

May 202602,017106.413.05$6,143
Apr 202614,64398.932.87$13,423
Mar 202614,84389.753.15$15,342
Feb 202604,41663.503.75$16,561
Jan 202604,96559.138.00$39,710
Dec 202515,03656.664.41$22,282
Nov 202505,03358.593.93$19,762
Oct 202505,34459.383.30$17,661
Sep 202505,15562.743.08$15,862
Aug 202505,10163.933.01$15,378
Jul 202523,92466.743.32$13,142
Jun 202504,66266.483.13$14,586
May 202525,25460.553.23$17,104
Apr 202505,11162.363.54$18,109
Mar 202505,37967.704.27$22,959
Feb 202514,78070.884.34$20,820
Jan 202514,91774.324.28$21,113
Dec 202414,93468.993.12$15,470
Nov 202413,87769.052.20$8,592
Oct 202414,03171.372.28$9,268
Sep 202404,60669.612.36$10,890
Aug 202413,94775.632.06$8,221
Jul 202441,14379.932.15$2,773
Jun 202404,48378.082.63$11,808
May 202405,24578.812.20$11,531
Apr 202405,37284.451.66$8,913
Mar 202405,50880.301.55$8,511
Feb 202405,23676.091.78$9,339
Jan 202403,51873.023.30$11,601
Dec 202304,03371.262.61$10,529
Nov 202305,26477.892.81$14,779
Oct 202305,59185.443.09$17,261
Sep 202305,52089.042.74$15,097
Aug 202305,63880.522.67$15,070
Jul 202305,77674.852.64$15,259
Jun 202315,55368.962.26$12,610
May 202305,80170.622.23$12,921
Apr 202305,48378.122.24$12,270
Mar 202306,02172.852.39$14,409
Feb 202305,62475.112.47$13,867
Jan 202306,21676.533.39$21,058
Dec 202216,05376.415.73$34,755
Nov 202206,08685.005.65$34,363
Oct 202206,18587.185.86$36,267
Sep 202205,73584.888.16$46,819
Aug 202205,97994.529.13$54,571
Jul 202204,918101.587.54$37,092
Jun 202201,869115.097.98$14,909
May 202205,837109.378.43$49,224
Apr 202206,022104.226.84$41,176
Mar 202206,416108.885.08$32,570
Feb 202205,92891.054.86$28,803
Jan 202206,83381.844.54$31,006
Dec 202106,65771.323.90$25,956
Nov 202103,36277.435.24$17,606
Oct 202106,16279.795.71$35,209
Sep 202106,10869.865.35$32,683
Aug 202106,38466.024.22$26,944
Jul 202106,36270.783.98$25,334
Jun 202106,24469.493.38$21,109
May 202106,46563.483.02$19,509
Apr 202106,55760.362.76$18,087
Mar 202107,09161.302.72$19,266
Feb 202105,12957.805.55$28,455
Jan 202107,15550.412.81$20,107
Dec 202003,20344.642.68$8,570
Nov 202001,05638.772.71$2,858
Oct 202006,25836.972.48$15,510
Sep 202006,19537.091.99$12,334
Aug 202006,53639.982.39$15,589
Jul 202006,62238.371.83$12,086
Jun 202006,40634.901.69$10,828
May 202006,70616.921.81$12,170
Apr 202006,34514.751.80$11,449
Mar 202006,86830.341.86$12,749
Feb 202006,68749.881.98$13,245
Jan 202007,23157.252.09$15,147
Dec 201907,44459.012.30$17,154
Nov 201907,55955.302.75$20,793
Oct 201907,85353.472.42$18,993
Sep 201904,68155.052.66$12,439
Aug 201901,25553.112.30$2,892
Jul 201905,63456.272.46$13,860
Jun 201905,83152.782.49$14,526
May 201906,20158.482.74$16,993
Apr 201906,00462.632.75$16,515
Mar 201906,11456.803.06$18,722
Feb 201905,86050.852.79$16,362
Jan 201906,48246.033.23$20,925
Dec 201806,41346.594.19$26,841
Nov 201806,14452.934.24$26,034
Oct 201806,58261.443.40$22,366
Sep 201806,85859.543.11$21,315
Aug 201806,52359.403.07$20,003
Jul 201806,50265.142.93$19,063
Jun 201806,31260.183.08$19,422
May 201806,52665.382.90$18,931
Apr 201806,21163.842.90$18,017
Mar 201806,35961.222.79$17,722
Feb 201805,99761.782.77$16,588
Jan 201806,55862.874.01$26,293
Dec 201706,99457.272.92$20,433
Nov 201706,72355.423.12$20,965
Oct 201706,90049.292.98$20,587
Sep 201706,77547.523.09$20,916
Aug 201707,09045.373.00$21,301
Jul 201707,00043.873.09$21,611
Jun 201706,83642.493.09$21,105
May 201707,16845.373.26$23,392
Apr 201707,13347.933.21$22,908
Mar 201707,39146.772.98$22,052
Feb 201706,74650.452.95$19,918
Jan 201707,69249.413.42$26,297
Dec 201607,66348.763.72$28,528
Nov 201607,48642.492.64$19,796
Oct 201607,74746.193.09$23,940
Sep 201607,30341.553.10$22,644
Aug 201607,67841.442.92$22,453
Jul 201607,73541.622.92$22,620
Jun 201607,45445.352.69$20,020
May 201607,90242.521.99$15,733
Apr 201607,90336.561.99$15,735
Mar 201608,19633.011.79$14,704
Feb 201607,84626.472.06$16,191
Jan 201608,24127.352.36$19,485
Dec 201508,12232.362.00$16,255
Nov 201507,93338.792.17$17,193
Oct 201508,38243.552.43$20,340
Sep 201508,23642.992.76$22,718
Aug 201509,04940.162.87$25,993
Jul 201509,41748.152.95$27,734
Jun 201509,31856.152.88$26,862
May 2015012,09255.212.96$35,737
Apr 201509,44149.822.71$25,553
Mar 2015010,18742.892.93$29,896
Feb 201508,90044.662.98$26,488
Jan 2015010,41543.433.10$32,293
Dec 2014010,61554.693.59$38,122
Nov 2014010,88970.464.25$46,298
Oct 2014011,11078.303.90$43,340
Sep 2014011,11986.164.05$44,981
Aug 2014011,49789.394.04$46,392
Jul 201409,50096.564.18$39,706
Jun 2014010,89098.164.74$51,585
May 2014011,33094.734.73$53,552
Apr 2014011,32695.944.81$54,468
Mar 2014011,81395.895.06$59,736
Feb 2014010,53397.406.19$65,220
Jan 2014011,81090.404.86$57,405
Dec 2013012,27791.824.35$53,460
Nov 2013012,09788.853.74$45,222
Oct 2013012,79397.423.78$48,349
Sep 2013012,543104.113.72$46,632
Aug 2013013,013104.253.52$45,840
Jul 2013013,097102.523.72$48,691
Jun 2013013,17194.403.93$51,807
May 2013013,90494.834.15$57,689
Apr 2013013,93093.964.28$59,656
Mar 201307,93593.623.91$31,049
Feb 201302,18091.233.42$7,455
Jan 2013010,14191.603.42$34,681
Dec 2012013,18386.773.42$45,088
Nov 2012013,00886.953.62$47,153
Oct 2012013,65089.383.40$46,406
Sep 2012013,52094.672.92$39,457
Aug 2012014,24692.662.91$41,430
Jul 2012014,41685.133.02$43,548
Jun 2012014,11079.822.52$35,544
May 2012014,83091.612.49$36,902
Apr 2012014,602101.652.00$29,157
Mar 2012015,267105.052.22$33,925
Feb 2012014,446101.102.57$37,130
Jan 2012015,85898.092.73$43,357
Dec 2011016,16296.873.24$52,361
Nov 2011015,90995.723.31$52,679
Oct 2011016,86384.983.65$61,525
Sep 2011016,68883.623.99$66,515
Aug 2011017,26683.404.15$71,642
Jul 2011017,62694.144.52$79,621
Jun 2011016,94092.904.64$78,600
May 2011017,91798.134.40$78,921
Apr 2011117,509105.964.33$75,977
Mar 2011018,36296.364.06$74,501
Feb 2011016,32785.644.18$68,247
Jan 2011118,38286.504.59$84,437
Dec 2010018,04585.734.35$78,455
Nov 2010116,28380.843.80$61,880
Oct 2010112,01178.103.51$42,223
Sep 2010012,41072.633.98$49,385
Aug 2010021,46973.684.42$94,879
Jul 2010021,47972.554.74$101,735
Jun 2010121,50970.364.91$105,688
May 2010022,83371.124.24$96,703
Apr 2010022,88581.694.12$94,348
Mar 2010024,61378.394.39$108,018
Feb 2010021,12873.585.44$114,986
Jan 2010125,86474.365.96$154,330
Dec 2009027,12671.445.48$148,752
Nov 2009028,05074.593.75$105,230
Oct 2009030,07472.544.11$123,612
Sep 2009030,45665.543.06$93,340
Aug 2009028,91767.423.22$93,069
Jul 2009128,06661.133.46$97,296
Jun 2009132,34066.163.90$126,030
May 2009034,17354.743.93$134,155
Apr 2009033,76246.773.59$121,121
Mar 2009035,72942.144.06$145,024
Feb 2009033,19932.814.63$153,811
Jan 2009035,80035.865.37$192,282
Dec 2008039,59137.105.98$236,641
Nov 2008037,12755.496.86$254,705
Oct 2008041,04675.246.92$284,120
Sep 2008041,385101.767.88$325,993
Aug 2008044,583114.228.48$378,198
Jul 2008046,961131.0811.39$534,859
Jun 2008146,690131.3313.03$608,625
May 2008051,937123.1711.57$601,134
Apr 2008050,482110.3110.45$527,782
Mar 2008062,434101.909.66$603,367
Feb 2008051,20692.538.77$449,106
Jan 2008057,50090.388.21$471,829
Dec 2007074,59688.337.30$544,698
Nov 2007088,87191.677.29$648,021
Oct 20070182.856.92$7
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 200701,02055.108.22$8,380
Jan 200701,97450.306.73$13,279

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                2,017 Mcf  × $  3.05 =     $6,143

────────────────────────────────────────────────────
Month total                                   $6,143

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/226902 is the state's own key, not one this site invented.