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 243030District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Aug 2008 – May 2026
Value, last 12 filed months
$52 k
at the published price for each month
Months reported
214
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 Gas112009-01-29188900
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
CondensateDisposition152 bbl$7,996
GasProduction925,870 Mcf$3,982,484
Total$3,990,479

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 31.4379, -96.2313. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43789, -96.23127 · 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
14,340 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 14,340 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-161340891614,340 ftAug 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 (214)

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

214 months

May 202601,549106.413.05$4,718
Apr 202601,71398.932.87$4,916
Mar 202601,12689.753.15$3,546
Feb 202601,03163.503.75$3,867
Jan 202601,15859.138.00$9,262
Dec 202501,26556.664.41$5,583
Nov 202501,36458.593.93$5,356
Oct 202501,02959.383.30$3,401
Sep 2025093762.743.08$2,883
Aug 202501,03563.933.01$3,120
Jul 2025069966.743.32$2,317
Jun 2025086866.483.13$2,716
May 202501,17960.553.23$3,811
Apr 202501,41062.363.54$4,996
Mar 2025096567.704.27$4,119
Feb 2025072070.884.34$3,125
Jan 2025037474.324.28$1,600
Dec 2024039168.993.12$1,220
Nov 2024089769.052.20$1,972
Oct 202401,46771.372.28$3,347
Sep 202401,45669.612.36$3,443
Aug 202401,33875.632.06$2,761
Jul 2024096979.932.15$2,080
Jun 2024081278.082.63$2,139
May 202401,19778.812.20$2,632
Apr 202401,48984.451.66$2,471
Mar 2024048280.301.55$745
Feb 202401,09476.091.78$1,951
Jan 202402,48473.023.30$8,191
Dec 2023044971.262.61$1,172
Nov 2023033477.892.81$938
Oct 2023032985.443.09$1,016
Sep 2023014889.042.74$405
Aug 2023015880.522.67$422
Jul 2023024274.852.64$639
Jun 2023026468.962.26$596
May 2023026670.622.23$592
Apr 202301,25478.122.24$2,806
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023070976.533.39$2,402
Dec 20220076.415.73$0
Nov 2022032185.005.65$1,812
Oct 2022044087.185.86$2,580
Sep 202201,83484.888.16$14,972
Aug 2022067094.529.13$6,115
Jul 20220621101.587.54$4,684
Jun 20220648115.097.98$5,169
May 20220534109.378.43$4,503
Apr 20220518104.226.84$3,542
Mar 20220927108.885.08$4,706
Feb 2022056991.054.86$2,765
Jan 2022055081.844.54$2,496
Dec 2021074271.323.90$2,893
Nov 2021056677.435.24$2,964
Oct 2021057779.795.71$3,297
Sep 202101,12569.865.35$6,020
Aug 202101,24366.024.22$5,246
Jul 2021064770.783.98$2,576
Jun 2021071669.493.38$2,421
May 2021067563.483.02$2,037
Apr 2021064860.362.76$1,787
Mar 2021074261.302.72$2,016
Feb 2021070157.805.55$3,889
Jan 2021069250.412.81$1,945
Dec 2020072144.642.68$1,929
Nov 2020087138.772.71$2,357
Oct 2020070136.972.48$1,737
Sep 2020066137.091.99$1,316
Aug 2020053739.982.39$1,281
Jul 202001,38738.371.83$2,531
Jun 2020097034.901.69$1,640
May 202001,52316.921.81$2,764
Apr 202001,15914.751.80$2,091
Mar 2020089330.341.86$1,658
Feb 202001,47449.881.98$2,920
Jan 202001,68457.252.09$3,528
Dec 201901,18859.012.30$2,738
Nov 201901,62555.302.75$4,470
Oct 201902,09553.472.42$5,067
Sep 201901,26655.052.66$3,364
Aug 201902,02853.112.30$4,673
Jul 201902,07656.272.46$5,107
Jun 201902,05452.782.49$5,117
May 201902,02058.482.74$5,535
Apr 201902,16962.632.75$5,966
Mar 201902,48656.803.06$7,612
Feb 201902,06750.852.79$5,772
Jan 201902,01146.033.23$6,492
Dec 201802,63546.594.19$11,029
Nov 201802,56652.934.24$10,873
Oct 201801,92061.443.40$6,524
Sep 201801,94159.543.11$6,033
Aug 201802,05159.403.07$6,290
Jul 201802,20165.142.93$6,453
Jun 201801,56860.183.08$4,825
May 201801,51365.382.90$4,389
Apr 201801,57463.842.90$4,566
Mar 201801,54361.222.79$4,300
Feb 201801,51861.782.77$4,199
Jan 201802,32462.874.01$9,318
Dec 201701,82057.272.92$5,317
Nov 201701,84155.423.12$5,741
Oct 201702,35149.292.98$7,015
Sep 201702,02647.523.09$6,255
Aug 201702,07945.373.00$6,246
Jul 201702,15443.873.09$6,650
Jun 201701,24342.493.09$3,837
May 201702,24745.373.26$7,333
Apr 201705647.933.21$180
Mar 201712993346.772.98$8,817
Feb 201701,05450.452.95$3,112
Jan 201701,25049.413.42$4,274
Dec 201601,37248.763.72$5,108
Nov 201601,49642.492.64$3,956
Oct 201601,59146.193.09$4,917
Sep 201601,67941.553.10$5,206
Aug 201601,94841.442.92$5,697
Jul 201602,09141.622.92$6,115
Jun 201602,02845.352.69$5,447
May 201602,07342.521.99$4,127
Apr 201603,90836.561.99$7,781
Mar 201602,42533.011.79$4,350
Feb 201603,79326.472.06$7,827
Jan 201603,54627.352.36$8,384
Dec 201503,72932.362.00$7,463
Nov 201504,27138.792.17$9,257
Oct 201503,33643.552.43$8,095
Sep 201503,93642.992.76$10,857
Aug 201503,56740.162.87$10,246
Jul 201503,92848.152.95$11,568
Jun 201503,91456.152.88$11,284
May 201503,90755.212.96$11,547
Apr 201504,09349.822.71$11,078
Mar 201504,09742.892.93$12,024
Feb 201503,76844.662.98$11,214
Jan 201504,39943.433.10$13,640
Dec 201404,55554.693.59$16,359
Nov 201404,26370.464.25$18,126
Oct 201404,70778.303.90$18,362
Sep 201404,76186.164.05$19,260
Aug 201404,86489.394.04$19,627
Jul 201405,17096.564.18$21,609
Jun 201404,97898.164.74$23,580
May 201405,03394.734.73$23,789
Apr 201405,07995.944.81$24,426
Mar 201405,33895.895.06$26,993
Feb 201404,91197.406.19$30,409
Jan 201405,54390.404.86$26,943
Dec 201305,73991.824.35$24,990
Nov 201305,61788.853.74$20,998
Oct 201305,77997.423.78$21,841
Sep 201305,802104.113.72$21,570
Aug 201306,216104.253.52$21,897
Jul 201306,425102.523.72$23,886
Jun 201306,27494.403.93$24,678
May 201306,38594.834.15$26,492
Apr 201306,16893.964.28$26,415
Mar 201306,42993.623.91$25,156
Feb 201305,98791.233.42$20,475
Jan 201306,62391.603.42$22,650
Dec 201206,55786.773.42$22,426
Nov 201206,42986.953.62$23,305
Oct 201206,80589.383.40$23,135
Sep 201204,42894.672.92$12,923
Aug 201203,69592.662.91$10,746
Jul 201202,63185.133.02$7,948
Jun 201204,06579.822.52$10,240
May 201205,11991.612.49$12,738
Apr 201205,828101.652.00$11,637
Mar 201206,260105.052.22$13,910
Feb 201206,059101.102.57$15,573
Jan 201206,28398.092.73$17,178
Dec 201106,31796.873.24$20,465
Nov 201106,31395.723.31$20,904
Oct 201107,12684.983.65$26,000
Sep 201106,97183.623.99$27,785
Aug 201107,11083.404.15$29,502
Jul 201107,27894.144.52$32,876
Jun 201107,26192.904.64$33,690
May 201107,46198.134.40$32,864
Apr 201107,175105.964.33$31,091
Mar 201108,51696.364.06$34,552
Feb 201107,14385.644.18$29,858
Jan 201107,86586.504.59$36,091
Dec 201009,16285.734.35$39,834
Nov 201009,61080.843.80$36,473
Oct 201008,62578.103.51$30,264
Sep 2010010,20772.633.98$40,618
Aug 2010011,02773.684.42$48,732
Jul 2010010,86672.554.74$51,467
Jun 2010011,50170.364.91$56,475
May 201007,27571.124.24$30,811
Apr 201007,82781.694.12$32,268
Mar 2010010,36578.394.39$45,489
Feb 2010010,74073.585.44$58,451
Jan 2010113,15874.365.96$78,550
Dec 2009013,95471.445.48$76,520
Nov 2009013,97574.593.75$52,427
Oct 2009014,95072.544.11$61,448
Sep 2009014,80165.543.06$45,361
Aug 2009016,65767.423.22$53,611
Jul 2009117,37961.133.46$60,271
Jun 2009117,18066.163.90$66,982
May 2009018,98754.743.93$74,538
Apr 2009010,25446.773.59$36,786
Mar 2009012,43642.144.06$50,478
Feb 2009114,45632.814.63$67,007
Jan 2009318,66135.865.37$100,336
Dec 2008020,87737.105.98$124,785
Nov 2008022,78055.496.86$156,279
Oct 2008528,48375.246.92$197,535
Sep 2008122,660101.767.88$178,597
Aug 20081037,350114.228.48$317,983

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                1,549 Mcf  × $  3.05 =     $4,718

────────────────────────────────────────────────────
Month total                                   $4,718

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/243030 is the state's own key, not one this site invented.