REED, W. M. GAS UNIT

Operated by MMGL EAST TEXAS III, LLC (P-5 102551) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 114671District 06Field 16032174NGPA filingCondensateGasSaveExport
Value, all time
$3.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$60 k
at the published price for each month
Months reported
401
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and 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 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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
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
CondensateDisposition15,211 bbl$714,295
GasProduction927,076 Mcf$3,095,801
Total$3,810,096

189,062 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.1175, -94.4708. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11752, -94.47077 · 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
9,640 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 9,640 ft.

Completions filed
Jan 1985
1 of 1 wells

1 well

42-3653167939,640 ftJan 1985

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 (401)

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

401 months

May 2026111,200106.413.05$4,826
Apr 2026111,22498.932.87$4,601
Mar 2026101,06189.753.15$4,239
Feb 2026111,00263.503.75$4,456
Jan 2026151,46359.138.00$12,588
Dec 2025131,70056.664.41$8,239
Nov 202591,05658.593.93$4,674
Oct 2025693659.383.30$3,450
Sep 2025589262.743.08$3,058
Aug 2025793463.933.01$3,263
Jul 2025698566.743.32$3,666
Jun 2025490866.483.13$3,107
May 2025797860.553.23$3,585
Apr 2025796062.363.54$3,838
Mar 20251095467.704.27$4,749
Feb 2025686970.884.34$4,197
Jan 2025799874.324.28$4,790
Dec 202451,38468.993.12$4,665
Nov 2024368569.052.20$1,713
Oct 202471,77171.372.28$4,540
Sep 2024101,89469.612.36$5,174
Aug 202481,69875.632.06$4,109
Jul 202461,85979.932.15$4,470
Jun 202462,00678.082.63$5,752
May 2024171,89978.812.20$5,515
Apr 2024101,61784.451.66$3,527
Mar 2024111,65080.301.55$3,433
Feb 2024131,61876.091.78$3,875
Jan 2024111,46573.023.30$5,634
Dec 202371,21471.262.61$3,668
Nov 2023351877.892.81$1,688
Oct 2023258385.443.09$1,971
Sep 2023358689.042.74$1,870
Aug 2023259880.522.67$1,759
Jul 2023258574.852.64$1,695
Jun 2023451568.962.26$1,439
May 2023460070.622.23$1,619
Apr 2023256178.122.24$1,412
Mar 2023364872.852.39$1,769
Feb 2023467075.112.47$1,952
Jan 2023350776.533.39$1,947
Dec 2022558976.415.73$3,756
Nov 2022561285.005.65$3,880
Oct 2022695987.185.86$6,146
Sep 202281,45384.888.16$12,541
Aug 2022111,94794.529.13$18,810
Jul 2022143,218101.587.54$25,693
Jun 202271,673115.097.98$14,151
May 202272,119109.378.43$18,635
Apr 2022101,811104.226.84$13,425
Mar 202291,867108.885.08$10,458
Feb 202291,69191.054.86$9,036
Jan 202281,68481.844.54$8,296
Dec 202191,75671.323.90$7,489
Nov 202161,80777.435.24$9,928
Oct 202181,87579.795.71$11,352
Sep 202192,09169.865.35$11,818
Aug 2021122,78966.024.22$12,563
Jul 202163,47570.783.98$14,262
Jun 20214069.493.38$278
May 2021113,19963.483.02$10,352
Apr 202132,52160.362.76$7,135
Mar 202102,56261.302.72$6,961
Feb 20210857.805.55$44
Jan 202101,22050.412.81$3,429
Dec 202002,08344.642.68$5,573
Nov 202091,97638.772.71$5,697
Oct 202061,57936.972.48$4,135
Sep 202091,53437.091.99$3,388
Aug 2020551839.982.39$1,435
Jul 2020122,09138.371.83$4,277
Jun 2020112,97734.901.69$5,416
May 2020141,70616.921.81$3,333
Apr 2020181,69714.751.80$3,328
Mar 2020231,68130.341.86$3,818
Feb 2020211,53349.881.98$4,084
Jan 2020161,58557.252.09$4,236
Dec 2019161,46659.012.30$4,322
Nov 2019121,19455.302.75$3,948
Oct 2019121,11753.472.42$3,343
Sep 2019191,60755.052.66$5,316
Aug 2019363,85853.112.30$10,802
Jul 2019474,78156.272.46$14,406
Jun 2019273,55052.782.49$10,269
May 2019292,67758.482.74$9,032
Apr 2019171,68262.632.75$5,691
Mar 2019181,68956.803.06$6,194
Feb 2019191,66050.852.79$5,601
Jan 2019241,92246.033.23$7,309
Dec 2018281,97246.594.19$9,558
Nov 2018323,65852.934.24$17,194
Oct 2018171,65061.443.40$6,651
Sep 2018141,46459.543.11$5,384
Aug 2018161,56959.403.07$5,762
Jul 2018151,65065.142.93$5,815
Jun 2018121,59260.183.08$5,621
May 2018161,70465.382.90$5,989
Apr 2018131,14463.842.90$4,148
Mar 2018171,65561.222.79$5,653
Feb 2018181,49161.782.77$5,236
Jan 2018151,59262.874.01$7,326
Dec 2017161,62957.272.92$5,675
Nov 2017163,13855.423.12$10,672
Oct 2017162,03849.292.98$6,869
Sep 2017151,92347.523.09$6,650
Aug 2017141,90345.373.00$6,353
Jul 2017181,64343.873.09$5,862
Jun 2017152,06442.493.09$7,010
May 2017162,05845.373.26$7,442
Apr 2017171,59447.933.21$5,934
Mar 2017192,00246.772.98$6,862
Feb 2017221,71950.452.95$6,185
Jan 2017531,93649.413.42$9,238
Dec 2016561,96348.763.72$10,038
Nov 2016541,92942.492.64$7,395
Oct 2016431,93946.193.09$7,978
Sep 2016401,59941.553.10$6,620
Aug 2016342,14341.442.92$7,676
Jul 2016331,87141.622.92$6,845
Jun 2016351,98045.352.69$6,905
May 2016342,16642.521.99$5,758
Apr 201621,01036.561.99$2,084
Mar 201621,40433.011.79$2,585
Feb 201621,85026.472.06$3,871
Jan 201622,25227.352.36$5,379
Dec 201522,30732.362.00$4,682
Nov 201522,32838.792.17$5,123
Oct 201522,37443.552.43$5,848
Sep 201512,23842.992.76$6,216
Aug 201522,42840.162.87$7,055
Jul 201521,89148.152.95$5,665
Jun 201522,42956.152.88$7,115
May 201522,67955.212.96$8,028
Apr 201522,31049.822.71$6,352
Mar 2015101,44842.892.93$4,678
Feb 2015701,68844.662.98$8,150
Jan 2015712,04643.433.10$9,427
Dec 2014702,01554.693.59$11,065
Nov 2014661,48270.464.25$10,952
Oct 2014711,64878.303.90$11,988
Sep 2014551,76586.164.05$11,879
Aug 2014562,16689.394.04$13,746
Jul 2014562,57996.564.18$16,187
Jun 2014562,15498.164.74$15,700
May 2014722,30894.734.73$17,729
Apr 2014682,40895.944.81$18,104
Mar 2014552,40795.895.06$17,446
Feb 2014602,16597.406.19$19,250
Jan 2014552,27590.404.86$16,030
Dec 2013572,20591.824.35$14,835
Nov 2013492,26888.853.74$12,832
Oct 2013542,44997.423.78$14,516
Sep 2013452,369104.113.72$13,492
Aug 2013462,286104.253.52$12,848
Jul 2013522,386102.523.72$14,202
Jun 2013462,78294.403.93$15,285
May 2013453,10094.834.15$17,130
Apr 2013522,70693.964.28$16,475
Mar 2013482,79293.623.91$15,418
Feb 2013512,92191.233.42$14,642
Jan 2013692,65191.603.42$15,387
Dec 2012522,65986.773.42$13,606
Nov 2012482,65186.953.62$13,783
Oct 2012532,50489.383.40$13,250
Sep 2012412,47794.672.92$11,110
Aug 2012502,55192.662.91$12,052
Jul 2012522,43385.133.02$11,776
Jun 2012502,43579.822.52$10,125
May 2012502,61591.612.49$11,087
Apr 2012282,695101.652.00$8,228
Mar 2012362,686105.052.22$9,750
Feb 2012322,605101.102.57$9,931
Jan 2012473,68598.092.73$14,685
Dec 2011473,24496.873.24$15,063
Nov 2011373,45795.723.31$14,989
Oct 2011433,95084.983.65$18,066
Sep 2011333,41683.623.99$16,375
Aug 2011514,27983.404.15$22,008
Jul 2011474,20194.144.52$23,402
Jun 2011531,97292.904.64$14,074
May 2011682,54798.134.40$17,892
Apr 2011541,669105.964.33$12,954
Mar 2011591,19796.364.06$10,542
Feb 2011521,39085.644.18$10,263
Jan 2011531,59986.504.59$11,922
Dec 2010451,39285.734.35$9,910
Nov 2010301,49680.843.80$8,103
Oct 20102694778.103.51$5,354
Sep 2010252,19272.633.98$10,539
Aug 2010211,38473.684.42$7,664
Jul 2010302,15672.554.74$12,388
Jun 2010252,33670.364.91$13,230
May 2010311,85671.124.24$10,065
Apr 20103689281.694.12$6,618
Mar 2010311,18978.394.39$7,648
Feb 20104291373.585.44$8,059
Jan 2010391,60674.365.96$12,478
Dec 2009272,06071.445.48$13,225
Nov 2009312,96574.593.75$13,435
Oct 2009332,26172.544.11$11,687
Sep 2009462,97265.543.06$12,123
Aug 20094167367.423.22$4,930
Jul 2009282,37761.133.46$9,947
Jun 2009532,13366.163.90$11,815
May 2009171,45554.743.93$6,643
Apr 20091241,45046.773.59$11,001
Mar 20091082,41842.144.06$14,366
Feb 200982,54132.814.63$12,035
Jan 20092531935.865.37$2,610
Dec 20081011,67537.105.98$13,759
Nov 20086169155.496.86$8,125
Oct 20081041,83275.246.92$20,506
Sep 200826789101.767.88$8,861
Aug 2008761,612114.228.48$22,355
Jul 20081021,899131.0811.39$34,999
Jun 2008771,788131.3313.03$33,415
May 2008742,378123.1711.57$36,638
Apr 20081302,535110.3110.45$40,843
Mar 20081023,025101.909.66$39,628
Feb 20081052,76392.538.77$33,949
Jan 20081002,31390.388.21$28,018
Dec 20071062,59988.337.30$28,341
Nov 20071052,43491.677.29$27,373
Oct 20071012,43682.856.92$25,230
Sep 20071052,56175.846.24$23,954
Aug 2007522,07669.066.39$16,852
Jul 2007152,60670.906.39$17,710
Jun 2007152,71862.007.55$21,447
May 2007192,81258.747.85$23,180
Apr 2007202,30059.617.81$19,144
Mar 2007172,20556.927.30$17,068
Feb 2007222,27955.108.22$19,936
Jan 2007222,40650.306.73$17,291
Dec 200682,66356.656.92$18,877
Nov 2006122,44754.207.62$19,290
Oct 2006192,19854.906.01$14,261
Sep 2006102,05260.085.04$10,937
Aug 2006202,73368.717.34$21,434
Jul 2006153,19969.376.34$21,331
Jun 2006112,73566.286.38$18,189
May 2006122,59566.016.42$17,465
Apr 2006212,79164.397.36$21,895
Mar 2006191,88656.707.08$14,436
Feb 20061148057.597.75$4,354
Jan 2006211,12860.598.93$11,349
Dec 2005211,68454.9413.42$23,745
Nov 2005261,17854.6910.59$13,895
Oct 2005211,38158.3413.80$20,277
Sep 20052198261.4512.08$13,152
Aug 2005161,31861.519.80$13,896
Jul 2005161,19855.697.84$10,288
Jun 2005211,39052.337.38$11,359
May 2005211,42945.226.65$10,454
Apr 2005331,64849.207.36$13,754
Mar 2005521,79950.377.15$15,491
Feb 200561,95745.226.31$12,624
Jan 200562,08343.166.32$13,428
Dec 2004132,17539.866.75$15,202
Nov 200402,09045.286.33$13,231
Oct 2004132,51849.706.52$17,051
Sep 2004142,78743.245.28$15,332
Aug 2004132,36242.375.55$13,661
Jul 2004133,21438.286.08$20,052
Jun 2004133,14436.106.43$20,695
May 200472,61837.486.49$17,265
Apr 200472,44434.475.86$14,559
Mar 200472,30934.365.53$13,010
Feb 2004142,35132.455.51$13,407
Jan 2004142,66732.036.30$17,250
Dec 2003142,51730.266.30$16,285
Nov 2003132,56028.804.60$12,138
Oct 200372,21528.174.76$10,740
Sep 2003132,34626.314.75$11,484
Aug 2003131,96829.765.13$10,482
Jul 200372,37229.415.17$12,471
Jun 200372,23428.565.98$13,566
May 200372,63926.595.97$15,948
Apr 2003132,57826.675.41$14,287
Mar 2003142,61031.146.10$16,347
Feb 200372,51033.487.93$20,128
Jan 2003142,65630.315.58$15,250
Dec 200272,45726.914.85$12,114
Nov 2002132,50824.664.14$10,696
Oct 200272,44826.464.23$10,538
Sep 2002202,40827.443.64$9,302
Aug 2002102,52825.963.16$8,259
Jul 2002302,52724.583.06$8,474
Jun 2002302,59723.733.34$9,381
May 2002312,45524.663.58$9,563
Apr 2002461,58123.653.51$6,641
Mar 2002311,55222.003.10$5,497
Feb 2002471,80918.222.38$5,154
Jan 2002471,95917.172.38$5,461
Dec 2001461,74216.932.36$4,898
Nov 2001311,56418.072.41$4,322
Oct 2001461,71619.782.53$5,249
Sep 2001461,61824.262.25$4,759
Aug 2001301,89424.873.05$6,529
Jul 2001311,93323.933.20$6,922
Jun 2001302,91524.563.82$11,884
May 2001312,36625.524.31$10,982
Apr 2001462,62824.685.34$15,157
Mar 2001462,75024.545.38$15,914
Feb 2001452,54927.755.77$15,949
Jan 2001522,89027.478.40$25,701
Dec 2000412,99626.889.12$28,433
Nov 2000572,09532.215.66$13,689
Oct 2000652,24731.235.15$13,592
Sep 2000602,31131.875.19$13,898
Aug 2000432,50229.644.54$12,635
Jul 2000892,71928.534.09$13,659
Jun 2000852,46329.304.40$13,321
May 2000852,57027.263.68$11,774
Apr 2000802,49924.513.12$9,748
Mar 20001142,65828.422.86$10,841
Feb 2000972,54427.622.73$9,615
Jan 20001002,62725.272.48$9,043
Dec 1999952,51424.282.42$8,400
Nov 1999872,27123.192.43$7,545
Oct 19991052,35220.982.80$8,797
Sep 1999642,16221.752.62$7,054
Aug 1999432,41919.262.88$7,784
Jul 1999492,71817.892.37$7,325
Jun 1999362,68715.942.36$6,921
May 1999532,84015.792.32$7,429
Apr 1999512,87015.102.21$7,107
Mar 1999482,55212.471.84$5,290
Feb 1999412,6019.981.82$5,137
Jan 1999492,82610.381.90$5,878
Dec 1998603,0509.201.77$5,961
Nov 1998772,67610.892.19$6,688
Oct 1998732,98512.421.97$6,785
Sep 1998412,94912.592.08$6,658
Aug 1998623,20711.301.91$6,817
Jul 1998633,05711.742.24$7,579
Jun 1998622,87911.242.24$7,138
May 1998303,46612.622.21$8,026
Apr 1998392,92913.042.51$7,847
Mar 1998213,02012.802.31$7,243
Feb 1998302,76413.952.30$6,773
Jan 1998322,86314.702.15$6,640
Dec 1997373,12016.322.41$8,126
Nov 1997453,01918.193.09$10,142
Oct 1997222,74819.253.15$9,079
Sep 1997272,66517.742.95$8,354
Aug 1997463,08517.862.55$8,703
Jul 1997463,33617.582.25$8,304
Jun 1997502,90217.242.26$7,412
May 1997493,10218.972.31$8,091
Apr 1997653,24217.882.08$7,915
Mar 1997523,65618.951.94$8,075
Feb 1997362,95620.492.21$7,258
Jan 1997633,74423.483.54$14,732
Dec 1996623,88223.32$1,446
Nov 1996632,29321.97$1,384
Oct 1996633,37723.31$1,469
Sep 1996353,12122.22$778
Aug 1996623,38320.26$1,256
Jul 19961173,32119.55$2,287
Jun 1996573,13918.73$1,068
May 1996543,45719.43$1,049
Apr 1996803,17921.51$1,721
Mar 1996543,72919.38$1,047
Feb 1996562,87516.98$951
Jan 1996573,89317.07$973
Dec 1995503,75717.19$860
Nov 1995473,57416.00$752
Oct 1995443,88315.43$679
Sep 1995463,56016.18$744
Aug 1995453,68515.92$716
Jul 1995523,65415.24$792
Jun 19951073,46716.41$1,756
May 19951613,75517.56$2,827
Apr 19951694,07617.73$2,996
Mar 19952484,38816.44$4,077
Feb 19951223,96716.58$2,023
Jan 1995764,42615.92$1,210
Dec 1994534,62615.03$797
Nov 1994504,07215.90$795
Oct 1994754,22115.58$1,169
Sep 1994523,91115.29$795
Aug 1994513,69916.13$823
Jul 1994754,48817.56$1,317
Jun 1994764,42017.09$1,299
May 1994764,79615.88$1,207
Apr 1994764,44014.14$1,075
Mar 1994772,69312.46$959
Feb 1994773,39112.50$963
Jan 19941023,74312.66$1,291
Dec 1993834,02012.33$1,023
Nov 1993974,35514.49$1,406
Oct 1993983,94215.85$1,553
Sep 1993984,98915.03$1,473
Aug 1993764,87915.66$1,190
Jul 1993974,37615.46$1,500
Jun 1993754,99916.79$1,259
May 19931315,17117.68$2,316
Apr 19931384,35118.05$2,491
Mar 19931134,83918.14$2,050
Feb 19931384,18317.90$2,470
Jan 19931384,61716.93$2,336

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            11 bbl  × $106.41 =     $1,171
Gas                1,200 Mcf  × $  3.05 =     $3,655

────────────────────────────────────────────────────
Month total                                   $4,826

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. 06/G/114671 is the state's own key, not one this site invented.