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REED, BOBBY GAS UNIT

Operated by 1789 MANAGEMENT, LLC (P-5 100936) 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 252351District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Mar 2009 – May 2026
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
207
no gaps in the span
Streams
2
condensate, gas

The FREESTONE (CV-BOSSIER CONS.) field

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 Gas112010-02-08197070
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
CondensateDisposition30 bbl$2,591
GasProduction621,681 Mcf$2,276,712
Total$2,279,303

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 31.4705, -96.3293. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47053, -96.32931 · 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
12,000 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 12,000 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-293321833112,000 ftMar 2009——

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 (207)

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

207 months

May 20260596106.413.05$1,815
Apr 2026065998.932.87$1,891
Mar 2026067789.753.15$2,132
Feb 2026061163.503.75$2,291
Jan 2026061659.138.00$4,927
Dec 2025061656.664.41$2,719
Nov 2025063658.593.93$2,497
Oct 2025063559.383.30$2,099
Sep 2025062162.743.08$1,911
Aug 2025059863.933.01$1,803
Jul 2025067666.743.32$2,241
Jun 2025064366.483.13$2,012
May 2025064760.553.23$2,091
Apr 2025059162.363.54$2,094
Mar 2025070367.704.27$3,001
Feb 2025065670.884.34$2,848
Jan 2025075974.324.28$3,248
Dec 2024090168.993.12$2,812
Nov 2024086569.052.20$1,902
Oct 2024082171.372.28$1,873
Sep 2024076369.612.36$1,804
Aug 2024080675.632.06$1,663
Jul 2024082079.932.15$1,760
Jun 2024080278.082.63$2,112
May 2024083178.812.20$1,827
Apr 2024078984.451.66$1,309
Mar 2024082880.301.55$1,279
Feb 2024081676.091.78$1,455
Jan 2024072573.023.30$2,391
Dec 2023086471.262.61$2,256
Nov 2023085977.892.81$2,412
Oct 2023090485.443.09$2,791
Sep 2023089789.042.74$2,453
Aug 2023090580.522.67$2,419
Jul 2023096674.852.64$2,552
Jun 2023094768.962.26$2,139
May 2023097570.622.23$2,172
Apr 2023094878.122.24$2,121
Mar 20230072.852.39$0
Feb 202301,04775.112.47$2,582
Jan 202301,00976.533.39$3,418
Dec 202201,21476.415.73$6,955
Nov 202201,38685.005.65$7,826
Oct 202201,43887.185.86$8,432
Sep 2022087984.888.16$7,176
Aug 202201,30494.529.13$11,902
Jul 202201,428101.587.54$10,770
Jun 202201,333115.097.98$10,634
May 202201,405109.378.43$11,848
Apr 202201,256104.226.84$8,588
Mar 202201,434108.885.08$7,280
Feb 202201,35691.054.86$6,589
Jan 202201,39681.844.54$6,335
Dec 202101,69471.323.90$6,605
Nov 202101,38577.435.24$7,253
Oct 202101,30279.795.71$7,439
Sep 2021081769.865.35$4,372
Aug 202101,08666.024.22$4,584
Jul 202101,15370.783.98$4,591
Jun 202101,27069.493.38$4,293
May 202101,06863.483.02$3,223
Apr 202101,48560.362.76$4,096
Mar 202101,51661.302.72$4,119
Feb 2021094857.805.55$5,259
Jan 202101,37050.412.81$3,850
Dec 202001,23444.642.68$3,302
Nov 202001,15638.772.71$3,129
Oct 202001,25836.972.48$3,118
Sep 202001,44637.091.99$2,879
Aug 202001,51739.982.39$3,618
Jul 202001,51638.371.83$2,767
Jun 202001,38834.901.69$2,346
May 202001,39616.921.81$2,533
Apr 202001,32814.751.80$2,396
Mar 202001,50430.341.86$2,792
Feb 202001,42949.881.98$2,830
Jan 202001,42857.252.09$2,991
Dec 201901,65259.012.30$3,807
Nov 201901,57455.302.75$4,330
Oct 201901,42753.472.42$3,451
Sep 201901,47355.052.66$3,914
Aug 201901,60653.112.30$3,701
Jul 201901,57556.272.46$3,875
Jun 201901,83152.782.49$4,561
May 201901,88858.482.74$5,174
Apr 201901,85762.632.75$5,108
Mar 201901,92956.803.06$5,907
Feb 201901,74950.852.79$4,884
Jan 201901,91946.033.23$6,195
Dec 201801,81246.594.19$7,584
Nov 201801,88252.934.24$7,974
Oct 201802,23061.443.40$7,578
Sep 201801,93759.543.11$6,020
Aug 201802,11859.403.07$6,495
Jul 201861,81965.142.93$5,724
Jun 201802,00160.183.08$6,157
May 201802,08565.382.90$6,048
Apr 201802,03863.842.90$5,912
Mar 201802,08061.222.79$5,797
Feb 201801,74461.782.77$4,824
Jan 201802,16762.874.01$8,688
Dec 201702,23557.272.92$6,530
Nov 201702,21055.423.12$6,892
Oct 201702,10249.292.98$6,272
Sep 201702,21847.523.09$6,848
Aug 201702,31245.373.00$6,946
Jul 201702,40443.873.09$7,422
Jun 201701,39742.493.09$4,313
May 201712,36445.373.26$7,760
Apr 201712,37347.933.21$7,669
Mar 201702,00546.772.98$5,982
Feb 201702,10850.452.95$6,224
Jan 201702,33349.413.42$7,976
Dec 201602,30448.763.72$8,577
Nov 201602,04442.492.64$5,405
Oct 201602,34046.193.09$7,231
Sep 201602,24241.553.10$6,952
Aug 201602,37241.442.92$6,937
Jul 201602,37741.622.92$6,951
Jun 201602,32445.352.69$6,242
May 201602,47342.521.99$4,924
Apr 201602,44236.561.99$4,862
Mar 201602,40133.011.79$4,307
Feb 201602,38426.472.06$4,920
Jan 201602,49127.352.36$5,890
Dec 201502,64732.362.00$5,298
Nov 201502,58638.792.17$5,605
Oct 201502,53843.552.43$6,159
Sep 201502,56442.992.76$7,073
Aug 201502,76140.162.87$7,931
Jul 201502,69348.152.95$7,931
Jun 201502,81356.152.88$8,109
May 201502,95755.212.96$8,739
Apr 201503,08749.822.71$8,355
Mar 201503,02342.892.93$8,872
Feb 201502,79344.662.98$8,313
Jan 201503,16043.433.10$9,798
Dec 201403,54854.693.59$12,742
Nov 201402,37270.464.25$10,085
Oct 201401,88378.303.90$7,346
Sep 201401,81986.164.05$7,359
Aug 201401,90389.394.04$7,679
Jul 201401,90696.564.18$7,966
Jun 201401,90498.164.74$9,019
May 201401,99794.734.73$9,439
Apr 201401,95495.944.81$9,397
Mar 201401,95695.895.06$9,891
Feb 201402,01397.406.19$12,465
Jan 201402,13890.404.86$10,392
Dec 201302,61291.824.35$11,374
Nov 201302,81988.853.74$10,538
Oct 201302,27297.423.78$8,587
Sep 201302,266104.113.72$8,424
Aug 2013192,266104.253.52$9,963
Jul 201302,337102.523.72$8,688
Jun 201302,16494.403.93$8,512
May 201302,13694.834.15$8,862
Apr 201302,59993.964.28$11,130
Mar 201302,61093.623.91$10,213
Feb 201302,56091.233.42$8,755
Jan 201302,85291.603.42$9,754
Dec 201202,85186.773.42$9,751
Nov 201202,78786.953.62$10,103
Oct 201202,90189.383.40$9,862
Sep 201202,90194.672.92$8,466
Aug 201203,02792.662.91$8,803
Jul 201202,48185.133.02$7,495
Jun 201202,81579.822.52$7,091
May 201203,68891.612.49$9,177
Apr 201203,807101.652.00$7,602
Mar 201204,235105.052.22$9,411
Feb 201203,891101.102.57$10,001
Jan 201204,22198.092.73$11,541
Dec 201104,12696.873.24$13,367
Nov 201103,88595.723.31$12,864
Oct 201104,23684.983.65$15,455
Sep 201104,39583.623.99$17,518
Aug 201104,62983.404.15$19,207
Jul 201104,65894.144.52$21,041
Jun 201104,69492.904.64$21,780
May 201105,00998.134.40$22,064
Apr 201105,041105.964.33$21,844
Mar 201105,21996.364.06$21,175
Feb 201104,64785.644.18$19,424
Jan 201105,66086.504.59$25,972
Dec 201006,05385.734.35$26,317
Nov 201006,04680.843.80$22,947
Oct 201006,48878.103.51$22,766
Sep 201006,48672.633.98$25,811
Aug 201006,88973.684.42$30,445
Jul 201007,38472.554.74$34,974
Jun 201007,55770.364.91$37,108
May 201008,27671.124.24$35,051
Apr 201007,38881.694.12$30,458
Mar 201005,47578.394.39$24,028
Feb 201005,59173.585.44$30,428
Jan 201006,44274.365.96$38,421
Dec 200907,35071.445.48$40,306
Nov 200909,14274.593.75$34,296
Oct 2009011,29372.544.11$46,417
Sep 2009013,06965.543.06$40,053
Aug 2009017,22267.423.22$55,429
Jul 2009019,53361.133.46$67,672
Jun 2009021,06766.163.90$82,056
May 2009024,15454.743.93$94,823
Apr 2009026,34446.773.59$94,509
Mar 2009330,92142.144.06$125,635

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                  596 Mcf  × $  3.05 =     $1,815

────────────────────────────────────────────────────
Month total                                   $1,815

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/252351 is the state's own key, not one this site invented.