REED UNIT

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

Gas lease lease 230802District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Jul 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
227
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 960 leases and 960 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2016-11-15.

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: PLATS FOR INDIVIDUAL WELLS IN THE FIELD IF THEY CHOOSE.

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 Gas112007-12-21176914
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
CondensateDisposition202 bbl$17,889
GasProduction235,468 Mcf$1,333,578
Total$1,351,466

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 31.4432, -96.3403. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44322, -96.34031 · 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
13,150 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 13,150 ft.

Completions filed
Jul 2007
1 of 1 wells

1 well

42-293317971413,150 ftJul 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 (227)

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

227 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 202130071.323.90$2,140
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190246.033.23$6
Dec 2018010046.594.19$419
Nov 2018054252.934.24$2,297
Oct 2018056561.443.40$1,920
Sep 2018047859.543.11$1,486
Aug 2018037659.403.07$1,153
Jul 2018021965.142.93$642
Jun 2018027760.183.08$852
May 2018053765.382.90$1,558
Apr 2018066663.842.90$1,932
Mar 2018038561.222.79$1,073
Feb 2018060361.782.77$1,668
Jan 2018030462.874.01$1,219
Dec 2017020857.272.92$608
Nov 2017029355.423.12$914
Oct 2017040049.292.98$1,193
Sep 2017041547.523.09$1,281
Aug 2017041345.373.00$1,241
Jul 2017044843.873.09$1,383
Jun 2017027842.493.09$858
May 2017036945.373.26$1,204
Apr 2017038847.933.21$1,246
Mar 2017043846.772.98$1,307
Feb 2017039650.452.95$1,169
Jan 2017051449.413.42$1,757
Dec 2016076548.763.72$2,848
Nov 2016041842.492.64$1,105
Oct 2016082246.193.09$2,540
Sep 2016072941.553.10$2,260
Aug 2016075241.442.92$2,199
Jul 2016056441.622.92$1,649
Jun 2016064645.352.69$1,735
May 2016043842.521.99$872
Apr 2016050336.561.99$1,001
Mar 2016056833.011.79$1,019
Feb 2016079626.472.06$1,643
Jan 2016090127.352.36$2,130
Dec 2015057632.362.00$1,153
Nov 2015073738.792.17$1,597
Oct 201501,16043.552.43$2,815
Sep 2015069242.992.76$1,909
Aug 2015074340.162.87$2,134
Jul 2015068248.152.95$2,009
Jun 2015080756.152.88$2,326
May 2015048355.212.96$1,427
Apr 2015063249.822.71$1,711
Mar 2015261142.892.93$1,879
Feb 2015079144.662.98$2,354
Jan 2015073943.433.10$2,291
Dec 2014079154.693.59$2,841
Nov 2014074270.464.25$3,155
Oct 2014075478.303.90$2,941
Sep 2014083286.164.05$3,366
Aug 2014088089.394.04$3,551
Jul 2014078296.564.18$3,268
Jun 2014080998.164.74$3,832
May 2014091194.734.73$4,306
Apr 2014077495.944.81$3,722
Mar 2014078995.895.06$3,990
Feb 20148789497.406.19$14,009
Jan 2014091890.404.86$4,462
Dec 2013080491.824.35$3,501
Nov 2013082988.853.74$3,099
Oct 2013097597.423.78$3,685
Sep 20130888104.113.72$3,301
Aug 201301,337104.253.52$4,710
Jul 20130958102.523.72$3,562
Jun 2013090594.403.93$3,560
May 201311,02194.834.15$4,331
Apr 201311,05093.964.28$4,591
Mar 2013093693.623.91$3,662
Feb 201301,04591.233.42$3,574
Jan 20133595091.603.42$6,455
Dec 201201,19786.773.42$4,094
Nov 2012091686.953.62$3,320
Oct 2012093089.383.40$3,162
Sep 2012090094.672.92$2,627
Aug 2012093992.662.91$2,731
Jul 2012096885.133.02$2,924
Jun 201201,11079.822.52$2,796
May 201201,06691.612.49$2,653
Apr 201201,063101.652.00$2,123
Mar 201201,341105.052.22$2,980
Feb 201201,053101.102.57$2,706
Jan 201201,15798.092.73$3,163
Dec 201101,23096.873.24$3,985
Nov 2011095795.723.31$3,169
Oct 201101,14584.983.65$4,178
Sep 201101,10983.623.99$4,420
Aug 201101,12183.404.15$4,651
Jul 201101,18294.144.52$5,339
Jun 201101,26692.904.64$5,874
May 201101,20098.134.40$5,286
Apr 201101,466105.964.33$6,353
Mar 201111,31796.364.06$5,440
Feb 201101,13885.644.18$4,757
Jan 201101,50686.504.59$6,911
Dec 201001,36385.734.35$5,926
Nov 201001,33180.843.80$5,052
Oct 201001,14978.103.51$4,032
Sep 201001,25272.633.98$4,982
Aug 201001,57773.684.42$6,969
Jul 201001,59372.554.74$7,545
Jun 201021,47170.364.91$7,364
May 201001,51471.124.24$6,412
Apr 201011,55481.694.12$6,488
Mar 201001,65378.394.39$7,254
Feb 201001,32373.585.44$7,200
Jan 201041,62674.365.96$9,995
Dec 200901,67771.445.48$9,196
Nov 200901,46774.593.75$5,503
Oct 200901,62272.544.11$6,667
Sep 200901,46465.543.06$4,487
Aug 200901,85867.423.22$5,980
Jul 200902,05061.133.46$7,102
Jun 200901,87166.163.90$7,288
May 200902,26154.743.93$8,876
Apr 200942,27546.773.59$8,349
Mar 200902,45942.144.06$9,981
Feb 200902,33732.814.63$10,827
Jan 200922,73235.865.37$14,745
Dec 200812,58537.105.98$15,488
Nov 200822,53955.496.86$17,529
Oct 200802,96375.246.92$20,510
Sep 200802,745101.767.88$21,623
Aug 200803,104114.228.48$26,331
Jul 200813,467131.0811.39$39,618
Jun 200853,334131.3313.03$44,107
May 200803,862123.1711.57$44,700
Apr 200824,070110.3110.45$42,772
Mar 200804,518101.909.66$43,662
Feb 200824,28992.538.77$37,802
Jan 200844,98390.388.21$41,251
Dec 200705,68888.337.30$41,534
Nov 200786,19891.677.29$45,927
Oct 200708,68482.856.92$60,110
Sep 2007012,47575.846.24$77,896
Aug 2007724,46569.066.39$156,764
Jul 2007019,00070.906.39$121,371

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.

Dec 2021 — as filed, then multipliedworked
Condensate            30 bbl  × $ 71.32 =     $2,140
Gas                    0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                   $2,140

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/230802 is the state's own key, not one this site invented.