REEVES

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 250886District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Dec 2008 – May 2026
Value, last 12 filed months
$88 k
at the published price for each month
Months reported
210
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 Gas112009-09-22191252
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$1,721
GasProduction1,815,110 Mcf$7,117,112
Total$7,118,833

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 31.0288, -96.4978. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.02879, -96.49777 · 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
16,000 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 16,000 ft.

Completions filed
Dec 2008
1 of 1 wells

1 well

42-39531519116,000 ftDec 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 (210)

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

210 months

May 202602,478106.413.05$7,548
Apr 202602,35798.932.87$6,764
Mar 202602,05789.753.15$6,478
Feb 202651,78763.503.75$7,019
Jan 202601,82559.138.00$14,596
Dec 202502,01056.664.41$8,871
Nov 202502,05858.593.93$8,081
Oct 202511,93059.383.30$6,438
Sep 202502,32662.743.08$7,157
Aug 202502,30663.933.01$6,952
Jul 202501,72966.743.32$5,732
Jun 2025084166.483.13$2,631
May 202503660.553.23$116
Apr 202501,84862.363.54$6,548
Mar 202501,97567.704.27$8,430
Feb 202502,01070.884.34$8,725
Jan 202512,51574.324.28$10,835
Dec 202402,59468.993.12$8,097
Nov 202412,44469.052.20$5,442
Oct 202402,69371.372.28$6,144
Sep 202402,97169.612.36$7,025
Aug 202403,10975.632.06$6,416
Jul 202402,90679.932.15$6,238
Jun 202402,91078.082.63$7,665
May 202403,54878.812.20$7,800
Apr 202403,15784.451.66$5,238
Mar 202402,65880.301.55$4,107
Feb 202403,05276.091.78$5,444
Jan 202402,73473.023.30$9,016
Dec 202303,24371.262.61$8,467
Nov 202302,83777.892.81$7,965
Oct 202303,19185.443.09$9,852
Sep 202302,63689.042.74$7,210
Aug 202302,81780.522.67$7,530
Jul 202302,42274.852.64$6,398
Jun 202302,71868.962.26$6,139
May 202303,24870.622.23$7,235
Apr 202303,30278.122.24$7,389
Mar 202303,36472.852.39$8,051
Feb 202303,61475.112.47$8,911
Jan 202304,70676.533.39$15,943
Dec 202205,61576.415.73$32,169
Nov 202207,57185.005.65$42,747
Oct 202204,70587.185.86$27,589
Sep 202201,92484.888.16$15,707
Aug 202201,80894.529.13$16,502
Jul 202202,253101.587.54$16,992
Jun 202202,497115.097.98$19,919
May 202202,510109.378.43$21,167
Apr 202202,443104.226.84$16,704
Mar 202212,786108.885.08$14,252
Feb 202202,40191.054.86$11,666
Jan 202203,42781.844.54$15,551
Dec 202103,65771.323.90$14,259
Nov 202103,69977.435.24$19,371
Oct 202104,00479.795.71$22,878
Sep 202104,10969.865.35$21,987
Aug 202104,24366.024.22$17,908
Jul 202104,40470.783.98$17,537
Jun 202103,96469.493.38$13,401
May 202113,72063.483.02$11,289
Apr 202103,92460.362.76$10,824
Mar 202181,74961.302.72$5,242
Feb 202101,22557.805.55$6,796
Jan 202101,12750.412.81$3,167
Dec 202001,33244.642.68$3,564
Nov 202001,43638.772.71$3,887
Oct 202002,57436.972.48$6,379
Sep 202004,26337.091.99$8,488
Aug 202001,66339.982.39$3,966
Jul 202001,37338.371.83$2,506
Jun 202002,70234.901.69$4,567
May 202002,47616.921.81$4,493
Apr 202001,94114.751.80$3,502
Mar 202002,90630.341.86$5,394
Feb 202002,96249.881.98$5,867
Jan 202002,90957.252.09$6,094
Dec 201903,06859.012.30$7,070
Nov 201904,25455.302.75$11,701
Oct 201902,28053.472.42$5,514
Sep 201902,60555.052.66$6,922
Aug 201901,74053.112.30$4,010
Jul 201902,89156.272.46$7,112
Jun 201903,51352.782.49$8,752
May 201903,00858.482.74$8,243
Apr 201903,08762.632.75$8,491
Mar 201904,70856.803.06$14,416
Feb 201902,04950.852.79$5,721
Jan 201902,54046.033.23$8,200
Dec 201802,91146.594.19$12,184
Nov 201803,54852.934.24$15,034
Oct 201803,21461.443.40$10,921
Sep 201803,01759.543.11$9,377
Aug 201804,72159.403.07$14,477
Jul 201803,49865.142.93$10,256
Jun 201803,59160.183.08$11,049
May 201804,31765.382.90$12,523
Apr 201804,94463.842.90$14,342
Mar 201806,11961.222.79$17,053
Feb 201804,30961.782.77$11,919
Jan 201804,93362.874.01$19,778
Dec 201704,92957.272.92$14,400
Nov 201704,56655.423.12$14,238
Oct 201704,70349.292.98$14,032
Sep 201704,34947.523.09$13,427
Aug 201704,55745.373.00$13,691
Jul 201704,55943.873.09$14,075
Jun 201704,35742.493.09$13,451
May 201705,32745.373.26$17,384
Apr 201704,76747.933.21$15,310
Mar 201704,60746.772.98$13,746
Feb 201704,47350.452.95$13,207
Jan 201704,47349.413.42$15,292
Dec 201606,06548.763.72$22,579
Nov 201605,14242.492.64$13,597
Oct 201615,34946.193.09$16,576
Sep 201605,07241.553.10$15,726
Aug 201605,40141.442.92$15,794
Jul 201605,42841.622.92$15,873
Jun 201605,14945.352.69$13,829
May 201605,69242.521.99$11,333
Apr 201605,02136.561.99$9,997
Mar 201615,13533.011.79$9,245
Feb 201605,05926.472.06$10,440
Jan 201605,36727.352.36$12,690
Dec 201504,33232.362.00$8,670
Nov 201503,70738.792.17$8,034
Oct 201505,41143.552.43$13,130
Sep 201504,26242.992.76$11,756
Aug 201505,00440.162.87$14,374
Jul 201506,21248.152.95$18,295
Jun 201505,90556.152.88$17,023
May 201506,24755.212.96$18,463
Apr 201505,98249.822.71$16,191
Mar 201505,87642.892.93$17,244
Feb 201505,53544.662.98$16,473
Jan 201506,30943.433.10$19,562
Dec 201406,45154.693.59$23,168
Nov 201405,92370.464.25$25,184
Oct 201406,51578.303.90$25,415
Sep 201406,56886.164.05$26,570
Aug 201406,94989.394.04$28,040
Jul 201407,40196.564.18$30,933
Jun 201408,78198.164.74$41,595
May 201409,88094.734.73$46,698
Apr 201407,46795.944.81$35,910
Mar 201406,50095.895.06$32,869
Feb 201406,01697.406.19$37,251
Jan 201407,26290.404.86$35,299
Dec 201305,65391.824.35$24,616
Nov 201304,88088.853.74$18,243
Oct 201305,54197.423.78$20,941
Sep 201305,708104.113.72$21,221
Aug 201305,807104.253.52$20,456
Jul 201305,923102.523.72$22,020
Jun 201306,49294.403.93$25,536
May 201307,27894.834.15$30,197
Apr 201307,65593.964.28$32,783
Mar 201307,93093.623.91$31,029
Feb 201306,21291.233.42$21,244
Jan 201308,52491.603.42$29,151
Dec 201207,74386.773.42$26,482
Nov 201207,94586.953.62$28,800
Oct 201208,26089.383.40$28,081
Sep 201208,37894.672.92$24,450
Aug 201208,79092.662.91$25,563
Jul 201208,60885.133.02$26,003
Jun 201208,35079.822.52$21,034
May 201209,99091.612.49$24,858
Apr 2012011,483101.652.00$22,929
Mar 201208,909105.052.22$19,797
Feb 201208,294101.102.57$21,318
Jan 2012011,15598.092.73$30,499
Dec 201108,44296.873.24$27,350
Nov 201109,62095.723.31$31,855
Oct 201108,93784.983.65$32,607
Sep 201107,91683.623.99$31,552
Aug 2011011,67583.404.15$48,443
Jul 2011012,56694.144.52$56,764
Jun 2011013,76792.904.64$63,877
May 2011016,56798.134.40$72,975
Apr 2011014,162105.964.33$61,368
Mar 2011012,11896.364.06$49,167
Feb 2011010,63085.644.18$44,433
Jan 20110086.504.59$0
Dec 2010010,97185.734.35$47,699
Nov 201009,92080.843.80$37,650
Oct 201009,54978.103.51$33,506
Sep 2010012,91572.633.98$51,395
Aug 2010016,50973.684.42$72,959
Jul 2010016,53172.554.74$78,299
Jun 2010016,95970.364.91$83,275
May 2010019,26971.124.24$81,608
Apr 2010021,75381.694.12$89,681
Mar 2010025,93378.394.39$113,811
Feb 2010020,20073.585.44$109,936
Jan 2010023,62974.365.96$140,925
Dec 2009026,27571.445.48$144,086
Nov 2009029,98274.593.75$112,477
Oct 2009035,42772.544.11$145,614
Sep 2009038,64865.543.06$118,446
Aug 2009344,85867.423.22$144,578
Jul 2009052,70261.133.46$182,586
Jun 2009054,87166.163.90$213,723
May 2009469,34054.743.93$272,430
Apr 2009072,10546.773.59$258,677
Mar 2009075,42842.144.06$306,162
Feb 2009074,35932.814.63$344,505
Jan 20090100,29835.865.37$538,701
Dec 2008156,60037.105.98$338,343

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                2,478 Mcf  × $  3.05 =     $7,548

────────────────────────────────────────────────────
Month total                                   $7,548

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/250886 is the state's own key, not one this site invented.