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 256623District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Mar 2010 – May 2026
Value, last 12 filed months
$174 k
at the published price for each month
Months reported
195
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 Gas112010-08-16199197
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
CondensateDisposition91 bbl$4,820
GasProduction1,798,428 Mcf$6,511,077
Total$6,515,897

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 31.4339, -96.2319. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43389, -96.23191 · 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
14,405 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 14,405 ft.

Completions filed
Mar 2010
1 of 1 wells

1 well

42-161344352014,405 ftMar 2010

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 (195)

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

195 months

May 202603,869106.413.05$11,784
Apr 202603,95598.932.87$11,350
Mar 202604,82889.753.15$15,206
Feb 202603,15363.503.75$11,825
Jan 202603,95959.138.00$31,664
Dec 202504,12756.664.41$18,214
Nov 202504,09058.593.93$16,059
Oct 202513,63259.383.30$12,063
Sep 202503,76362.743.08$11,578
Aug 202503,57163.933.01$10,766
Jul 202503,58866.743.32$11,895
Jun 202503,71166.483.13$11,611
May 202503,77360.553.23$12,196
Apr 202503,95762.363.54$14,020
Mar 202504,20767.704.27$17,957
Feb 202504,02270.884.34$17,459
Jan 202504,73674.324.28$20,264
Dec 202404,50968.993.12$14,074
Nov 202404,42069.052.20$9,717
Oct 202406,18971.372.28$14,120
Sep 202402,91869.612.36$6,899
Aug 202404,90375.632.06$10,118
Jul 202404,65079.932.15$9,982
Jun 202404,21278.082.63$11,094
May 202404,42678.812.20$9,730
Apr 202403,53184.451.66$5,859
Mar 202403,18180.301.55$4,915
Feb 202403,42576.091.78$6,109
Jan 202403,47173.023.30$11,446
Dec 202303,38171.262.61$8,827
Nov 202303,64077.892.81$10,220
Oct 202303,55985.443.09$10,988
Sep 202304,22189.042.74$11,545
Aug 202304,90180.522.67$13,100
Jul 202302,97874.852.64$7,867
Jun 202303,76868.962.26$8,510
May 202303,89570.622.23$8,676
Apr 202303,67478.122.24$8,222
Mar 202304,45372.852.39$10,657
Feb 202302,01775.112.47$4,973
Jan 202305,29276.533.39$17,928
Dec 202202,59876.415.73$14,884
Nov 202204,10985.005.65$23,200
Oct 202202,34287.185.86$13,733
Sep 202204,43184.888.16$36,173
Aug 202204,79894.529.13$43,792
Jul 202203,913101.587.54$29,512
Jun 202203,206115.097.98$25,575
May 202203,898109.378.43$32,872
Apr 202203,713104.226.84$25,388
Mar 202203,549108.885.08$18,016
Feb 202203,52791.054.86$17,137
Jan 202204,46881.844.54$20,274
Dec 202103,83171.323.90$14,938
Nov 202104,21377.435.24$22,063
Oct 202104,55579.795.71$26,027
Sep 202104,22769.865.35$22,618
Aug 202104,62366.024.22$19,512
Jul 202104,83670.783.98$19,257
Jun 202104,67169.493.38$15,791
May 202104,60763.483.02$13,902
Apr 202104,22160.362.76$11,643
Mar 202105,33461.302.72$14,492
Feb 202103,71257.805.55$20,594
Jan 202105,01850.412.81$14,102
Dec 202004,85644.642.68$12,992
Nov 202004,46738.772.71$12,090
Oct 202004,74636.972.48$11,763
Sep 202004,36437.091.99$8,689
Aug 202004,85739.982.39$11,584
Jul 202005,54238.371.83$10,115
Jun 202005,63834.901.69$9,530
May 202005,96816.921.81$10,830
Apr 202005,91114.751.80$10,666
Mar 202003,60630.341.86$6,694
Feb 202004,55249.881.98$9,016
Jan 202006,90657.252.09$14,466
Dec 201907,44959.012.30$17,165
Nov 201907,49655.302.75$20,619
Oct 201908,53453.472.42$20,640
Sep 201903,89555.052.66$10,350
Aug 2019047553.112.30$1,095
Jul 201902,52956.272.46$6,221
Jun 201902,89152.782.49$7,202
May 201903,80458.482.74$10,424
Apr 201904,53362.632.75$12,469
Mar 201904,72756.803.06$14,475
Feb 201903,88150.852.79$10,837
Jan 201904,97246.033.23$16,051
Dec 201805,96846.594.19$24,979
Nov 201804,58052.934.24$19,407
Oct 201803,99961.443.40$13,589
Sep 201804,38959.543.11$13,641
Aug 201804,20859.403.07$12,904
Jul 201804,14665.142.93$12,156
Jun 201805,01960.183.08$15,443
May 201803,33665.382.90$9,677
Apr 201804,87963.842.90$14,153
Mar 201804,45161.222.79$12,404
Feb 201804,53861.782.77$12,553
Jan 201806,50562.874.01$26,081
Dec 201706,55157.272.92$19,139
Nov 201706,55555.423.12$20,441
Oct 201707,16249.292.98$21,369
Sep 201706,46847.523.09$19,969
Aug 201708,21745.373.00$24,687
Jul 2017718,93043.873.09$30,684
Jun 201708,67842.493.09$26,791
May 201707,38645.373.26$24,103
Apr 201705,06147.933.21$16,254
Mar 201705,91846.772.98$17,657
Feb 201705,71250.452.95$16,865
Jan 201706,10049.413.42$20,855
Dec 201605,98248.763.72$22,270
Nov 201606,03742.492.64$15,964
Oct 201606,45246.193.09$19,938
Sep 201606,63841.553.10$20,582
Aug 201606,16341.442.92$18,023
Jul 201605,37641.622.92$15,721
Jun 201605,77545.352.69$15,511
May 201605,47742.521.99$10,905
Apr 201606,12336.561.99$12,191
Mar 201608,08233.011.79$14,499
Feb 2016010,16926.472.06$20,985
Jan 2016014,19827.352.36$33,569
Dec 201506,88232.362.00$13,774
Nov 201507,47938.792.17$16,209
Oct 201507,91743.552.43$19,211
Sep 201508,23442.992.76$22,713
Aug 201508,40140.162.87$24,132
Jul 201509,13748.152.95$26,909
Jun 201508,83856.152.88$25,479
May 201509,31355.212.96$27,524
Apr 201507,33049.822.71$19,839
Mar 201507,22742.892.93$21,209
Feb 201505,93244.662.98$17,655
Jan 201505,34043.433.10$16,557
Dec 201407,64054.693.59$27,438
Nov 201407,54370.464.25$32,072
Oct 201408,07778.303.90$31,508
Sep 201408,14286.164.05$32,938
Aug 201408,09889.394.04$32,676
Jul 201407,48596.564.18$31,284
Jun 2014010,29098.164.74$48,743
May 2014016,27394.734.73$76,915
Apr 2014012,32995.944.81$59,292
Mar 201408,04595.895.06$40,682
Feb 201407,73097.406.19$47,864
Jan 201409,06290.404.86$44,048
Dec 201308,62791.824.35$37,566
Nov 201309,48288.853.74$35,446
Oct 2013011,57097.423.78$43,727
Sep 2013013,091104.113.72$48,669
Aug 2013013,930104.253.52$49,070
Jul 2013016,715102.523.72$62,142
Jun 2013018,48494.403.93$72,705
May 2013018,53094.834.15$76,882
Apr 201307,41793.964.28$31,764
Mar 201309,69593.623.91$37,935
Feb 201308,42191.233.42$28,799
Jan 2013011,74391.603.42$40,160
Dec 2012011,01586.773.42$37,673
Nov 2012010,63886.953.62$38,562
Oct 2012013,24189.383.40$45,015
Sep 2012012,72394.672.92$37,131
Aug 2012017,90592.662.91$52,071
Jul 2012018,89685.133.02$57,081
Jun 2012017,14079.822.52$43,176
May 2012019,48791.612.49$48,490
Apr 2012019,681101.652.00$39,299
Mar 2012021,025105.052.22$46,719
Feb 2012020,406101.102.57$52,448
Jan 2012022,63698.092.73$61,889
Dec 2011023,13596.873.24$74,951
Nov 2011023,58895.723.31$78,106
Oct 2011025,49284.983.65$93,009
Sep 2011025,68883.623.99$102,387
Aug 2011428,11283.404.15$116,979
Jul 2011030,02394.144.52$135,621
Jun 2011031,47792.904.64$146,050
May 2011331,20898.134.40$137,760
Apr 2011220,243105.964.33$87,931
Mar 2011022,59596.364.06$91,676
Feb 2011021,91185.644.18$91,588
Jan 2011025,30786.504.59$116,128
Dec 2010027,85685.734.35$121,111
Nov 2010029,17180.843.80$110,714
Oct 2010028,61778.103.51$100,414
Sep 2010026,41472.633.98$105,114
Aug 2010031,36073.684.42$138,591
Jul 2010037,52572.554.74$177,737
Jun 2010139,67470.364.91$194,886
May 2010046,52171.124.24$197,027
Apr 2010958,80381.694.12$243,162
Mar 201005,68478.394.39$24,945

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                3,869 Mcf  × $  3.05 =    $11,784

────────────────────────────────────────────────────
Month total                                  $11,784

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/256623 is the state's own key, not one this site invented.