REEVES GAS UNIT

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 241805District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$29.2 M
Jul 2008 – May 2026
Value, last 12 filed months
$632
at the published price for each month
Months reported
215
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 Gas112008-11-12186020
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
CondensateDisposition244 bbl$23,620
GasProduction4,460,097 Mcf$29,138,434
Total$29,162,054

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 31.0262, -96.4983. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.02624, -96.49833 · 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
15,750 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 15,750 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-39531424315,750 ftSep 2014

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 (215)

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

215 months

May 2026012106.413.05$37
Apr 20260498.932.87$11
Mar 20260189.753.15$3
Feb 20260363.503.75$11
Jan 202602959.138.00$232
Dec 202503656.664.41$159
Nov 202501558.593.93$59
Oct 202501559.383.30$50
Sep 202501762.743.08$52
Aug 20250663.933.01$18
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250260.553.23$6
Apr 20250062.363.54$0
Mar 20250567.704.27$21
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240368.993.12$9
Nov 20241069.052.20$69
Oct 20240371.372.28$7
Sep 20240069.612.36$0
Aug 20240275.632.06$4
Jul 20240079.932.15$0
Jun 20240578.082.63$13
May 20240078.812.20$0
Apr 20240484.451.66$7
Mar 20240080.301.55$0
Feb 20240476.091.78$7
Jan 20240073.023.30$0
Dec 20230571.262.61$13
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230289.042.74$5
Aug 20230180.522.67$3
Jul 20230474.852.64$11
Jun 20230068.962.26$0
May 20230470.622.23$9
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 20220287.185.86$12
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202204115.097.98$32
May 202209109.378.43$76
Apr 2022012104.226.84$82
Mar 202213108.885.08$124
Feb 20220491.054.86$19
Jan 202201081.844.54$45
Dec 20210871.323.90$31
Nov 20210377.435.24$16
Oct 20210979.795.71$51
Sep 20210069.865.35$0
Aug 202101166.024.22$46
Jul 20210170.783.98$4
Jun 20210369.493.38$10
May 20211663.483.02$82
Apr 20210160.362.76$3
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 202001716.921.81$31
Apr 202003014.751.80$54
Mar 202001530.341.86$28
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 201907556.803.06$230
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 201805852.934.24$246
Oct 201805061.443.40$170
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 201801560.183.08$46
May 201801765.382.90$49
Apr 20180063.842.90$0
Mar 201801861.222.79$50
Feb 20180061.782.77$0
Jan 20180162.874.01$4
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170545.373.00$15
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160746.193.09$22
Sep 20160041.553.10$0
Aug 20160641.442.92$18
Jul 201603041.622.92$88
Jun 201615245.352.69$185
May 201602842.521.99$56
Apr 201606536.561.99$129
Mar 201603833.011.79$68
Feb 201604526.472.06$93
Jan 201604427.352.36$104
Dec 201506832.362.00$136
Nov 201506,21638.792.17$13,472
Oct 201508,71143.552.43$21,138
Sep 2015018542.992.76$510
Aug 201506,30840.162.87$18,120
Jul 201508,24748.152.95$24,288
Jun 2015011,18856.152.88$32,253
May 2015015,25655.212.96$45,088
Apr 2015013,59149.822.71$36,785
Mar 2015019,16942.892.93$56,255
Feb 2015114,90844.662.98$44,414
Jan 201516,03843.433.10$18,765
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201405,92386.164.05$23,961
Aug 201417,61189.394.04$30,801
Jul 2014032,09596.564.18$134,144
Jun 2014019,29198.164.74$91,379
May 2014118194.734.73$950
Apr 2014040295.944.81$1,933
Mar 2014043595.895.06$2,200
Feb 2014028097.406.19$1,734
Jan 2014040490.404.86$1,964
Dec 2013049391.824.35$2,147
Nov 2013046788.853.74$1,746
Oct 2013048797.423.78$1,841
Sep 20130706104.113.72$2,625
Aug 20130476104.253.52$1,677
Jul 20130580102.523.72$2,156
Jun 2013057194.403.93$2,246
May 2013072794.834.15$3,016
Apr 2013055793.964.28$2,385
Mar 2013059393.623.91$2,320
Feb 2013032091.233.42$1,094
Jan 2013057091.603.42$1,949
Dec 2012032886.773.42$1,122
Nov 20122222286.953.62$2,718
Oct 2012025289.383.40$857
Sep 2012031994.672.92$931
Aug 2012043692.662.91$1,268
Jul 2012037685.133.02$1,136
Jun 2012045279.822.52$1,139
May 2012049791.612.49$1,237
Apr 20120530101.652.00$1,058
Mar 20120634105.052.22$1,409
Feb 2012194542101.102.57$21,006
Jan 201201,69998.092.73$4,645
Dec 2011045196.873.24$1,461
Nov 2011058295.723.31$1,927
Oct 2011080784.983.65$2,944
Sep 2011074483.623.99$2,965
Aug 201101,46883.404.15$6,091
Jul 201101,67194.144.52$7,548
Jun 201101,26292.904.64$5,856
May 201101,89098.134.40$8,325
Apr 20110981105.964.33$4,251
Mar 201101,85296.364.06$7,514
Feb 201102,39685.644.18$10,015
Jan 20110086.504.59$0
Dec 201002,47885.734.35$10,774
Nov 201002,73380.843.80$10,373
Oct 201002,49978.103.51$8,769
Sep 201003,01172.633.98$11,982
Aug 201003,01173.684.42$13,307
Jul 201004,69472.554.74$22,233
Jun 201026,74570.364.91$33,261
May 201007,90371.124.24$33,471
Apr 201009,63881.694.12$39,734
Mar 2010012,05978.394.39$52,923
Feb 20100073.585.44$0
Jan 201002,83174.365.96$16,884
Dec 2009013,18671.445.48$72,309
Nov 2009018,53774.593.75$69,542
Oct 2009019,52472.544.11$80,249
Sep 2009236,18865.543.06$111,038
Aug 2009331,58167.423.22$101,846
Jul 2009014,73461.133.46$51,046
Jun 20090066.163.90$0
May 2009016,69154.743.93$65,525
Apr 20090125,99646.773.59$452,011
Mar 20090106,67942.144.06$433,010
Feb 20090268,76132.814.63$1,245,170
Jan 20090377,72535.865.37$2,028,761
Dec 20082453,29737.105.98$2,709,494
Nov 20080522,19255.496.86$3,582,425
Oct 20085697,14675.246.92$4,826,007
Sep 20086775,350101.767.88$6,108,112
Aug 20080674,797114.228.48$5,724,316
Jul 2008045,782131.0811.39$521,431

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                   12 Mcf  × $  3.05 =        $37

────────────────────────────────────────────────────
Month total                                      $37

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/241805 is the state's own key, not one this site invented.