REAGAN

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) in the OVERTON (COTTON VALLEY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 205736District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Sep 2004 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
261
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 702 leases and 702 wells, and the rule below applies to all of them.

Discovered
1977-02-23
as the register files it
Field class
Oil and 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 40 acres. The field rule took effect on 2014-03-25.

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 Gas112005-04-28159808
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
CondensateDisposition10,432 bbl$647,861
GasProduction317,813 Mcf$1,923,240
Total$2,571,102

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 32.1349, -95.0797. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13488, -95.07967 · 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
11,985 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 11,985 ft.

Completions filed
Sep 2004
1 of 1 wells

1 well

42-07331101111,985 ftSep 2004

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 (261)

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

261 months

May 202609106.413.05$27
Apr 202601898.932.87$52
Mar 202602289.753.15$69
Feb 202603263.503.75$120
Jan 202601959.138.00$152
Dec 202502156.664.41$93
Nov 202503558.593.93$137
Oct 202502159.383.30$69
Sep 2025049262.743.08$1,514
Aug 2025047263.933.01$1,423
Jul 202505166.743.32$169
Jun 202502066.483.13$63
May 202501860.553.23$58
Apr 202503962.363.54$138
Mar 202504367.704.27$184
Feb 202502570.884.34$109
Jan 20250074.324.28$0
Dec 202401468.993.12$44
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 2024014075.632.06$289
Jul 202402079.932.15$43
Jun 20240878.082.63$21
May 202401878.812.20$40
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202307571.262.61$196
Nov 2023012177.892.81$340
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202306770.622.23$149
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202307875.112.47$192
Jan 202304676.533.39$156
Dec 20220076.415.73$0
Nov 202204885.005.65$271
Oct 202201187.185.86$65
Sep 20220084.888.16$0
Aug 202207094.529.13$639
Jul 2022051101.587.54$385
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202207104.226.84$48
Mar 20220308108.885.08$1,564
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 202101977.435.24$100
Oct 20210079.795.71$0
Sep 2021010169.865.35$540
Aug 202103266.024.22$135
Jul 20210070.783.98$0
Jun 2021013369.493.38$450
May 202104663.483.02$139
Apr 20210060.362.76$0
Mar 202101861.302.72$49
Feb 20210057.805.55$0
Jan 202101450.412.81$39
Dec 202004444.642.68$118
Nov 2020010538.772.71$284
Oct 202005936.972.48$146
Sep 202006137.091.99$121
Aug 202007839.982.39$186
Jul 20200038.371.83$0
Jun 202007834.901.69$132
May 2020026716.921.81$485
Apr 202009014.751.80$162
Mar 202005330.341.86$98
Feb 202007249.881.98$143
Jan 20200057.252.09$0
Dec 201901559.012.30$35
Nov 20190055.302.75$0
Oct 201901153.472.42$27
Sep 201904755.052.66$125
Aug 2019010353.112.30$237
Jul 201909956.272.46$244
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190450.852.79$11
Jan 201903846.033.23$123
Dec 20180646.594.19$25
Nov 201807852.934.24$331
Oct 20180561.443.40$17
Sep 201805959.543.11$183
Aug 20180559.403.07$15
Jul 201809565.142.93$279
Jun 20180460.183.08$12
May 20180465.382.90$12
Apr 2018016363.842.90$473
Mar 201804361.222.79$120
Feb 201806861.782.77$188
Jan 201806462.874.01$257
Dec 201701157.272.92$32
Nov 201707655.423.12$237
Oct 201704349.292.98$128
Sep 201704747.523.09$145
Aug 201704545.373.00$135
Jul 201708243.873.09$253
Jun 201705642.493.09$173
May 201714845.373.26$202
Apr 201704347.933.21$138
Mar 201705846.772.98$173
Feb 201706450.452.95$189
Jan 2017012349.413.42$421
Dec 2016014648.763.72$544
Nov 20161857142.492.64$8,048
Oct 201608346.193.09$256
Sep 2016022141.553.10$685
Aug 2016020241.442.92$591
Jul 2016022041.622.92$643
Jun 20161921345.352.69$1,434
May 2016036542.521.99$727
Apr 2016041336.561.99$822
Mar 2016037333.011.79$669
Feb 20162634026.472.06$1,390
Jan 20162389027.352.36$2,733
Dec 2015088032.362.00$1,761
Nov 20153677738.792.17$3,080
Oct 2015068143.552.43$1,653
Sep 2015070842.992.76$1,953
Aug 201519196340.162.87$10,437
Jul 2015087448.152.95$2,574
Jun 2015096556.152.88$2,782
May 2015099655.212.96$2,944
Apr 20151801,30449.822.71$12,497
Mar 201501,00142.892.93$2,938
Feb 2015077644.662.98$2,310
Jan 2015088643.433.10$2,747
Dec 201418782154.693.59$13,176
Nov 2014079970.464.25$3,397
Oct 2014093878.303.90$3,659
Sep 201401,04486.164.05$4,223
Aug 201401,40389.394.04$5,661
Jul 201401,37396.564.18$5,739
Jun 201401,05498.164.74$4,993
May 201401,33094.734.73$6,286
Apr 2014075395.944.81$3,621
Mar 201401,94095.895.06$9,810
Feb 201401,04697.406.19$6,477
Jan 20141811,50290.404.86$23,663
Dec 201301,38091.824.35$6,009
Nov 201301,70388.853.74$6,366
Oct 201301,38497.423.78$5,231
Sep 20130171104.113.72$636
Aug 201301,047104.253.52$3,688
Jul 201301,539102.523.72$5,722
Jun 201311,36194.403.93$5,448
May 20131801,87694.834.15$24,853
Apr 2013082593.964.28$3,533
Mar 201311,16693.623.91$4,656
Feb 2013171191.233.42$2,523
Jan 201321,16791.603.42$4,174
Dec 201218266086.773.42$18,049
Nov 201201,25586.953.62$4,549
Oct 201202,05989.383.40$7,000
Sep 20121852,15994.672.92$23,815
Aug 201212,97192.662.91$8,733
Jul 20121752,33685.133.02$21,954
Jun 2012099879.822.52$2,514
May 201201,62391.612.49$4,039
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20120366101.102.57$941
Jan 2012079098.092.73$2,160
Dec 20111871,28196.873.24$22,265
Nov 201131,35795.723.31$4,781
Oct 20111932,37984.983.65$25,081
Sep 2011016683.623.99$662
Aug 2011022583.404.15$934
Jul 2011032394.144.52$1,459
Jun 201121,19792.904.64$5,740
May 2011244598.134.40$2,156
Apr 201112,071105.964.33$9,080
Mar 2011290296.364.06$3,852
Feb 20111521,41485.644.18$18,928
Jan 20111951,27186.504.59$22,700
Dec 201002,46985.734.35$10,735
Nov 201011,06780.843.80$4,130
Oct 201002,04878.103.51$7,186
Sep 20101862,21572.633.98$22,324
Aug 2010056973.684.42$2,515
Jul 2010047572.554.74$2,250
Jun 2010196170.364.91$4,789
May 20101811,49571.124.24$19,204
Apr 201032,22281.694.12$9,406
Mar 201031,29578.394.39$5,919
Feb 20101871,79073.585.44$23,501
Jan 201001,18774.365.96$7,079
Dec 200911,47771.445.48$8,171
Nov 200911,10974.593.75$4,235
Oct 200911,14872.544.11$4,791
Sep 200918086765.543.06$14,454
Aug 2009186567.423.22$2,851
Jul 200901,89461.133.46$6,562
Jun 20091661,82866.163.90$18,103
May 200911,34954.743.93$5,351
Apr 20091471,39646.773.59$11,883
Mar 2009085242.144.06$3,458
Feb 200901,37532.814.63$6,370
Jan 200901,16635.865.37$6,263
Dec 200811,20737.105.98$7,252
Nov 20081841,18855.496.86$18,360
Oct 2008099175.246.92$6,860
Sep 200801,614101.767.88$12,714
Aug 200811,393114.228.48$11,931
Jul 200801,553131.0811.39$17,688
Jun 200801,369131.3313.03$17,842
May 20080933123.1711.57$10,799
Apr 20081871,942110.3110.45$40,931
Mar 200802,288101.909.66$22,111
Feb 2008652,14592.538.77$24,827
Jan 20081972,49890.388.21$38,303
Dec 20071802,30688.337.30$32,738
Nov 2007172,44891.677.29$19,408
Oct 2007292,84582.856.92$22,096
Sep 2007202,15775.846.24$14,985
Aug 20072032,55769.066.39$30,353
Jul 200702,39970.906.39$15,325
Jun 20071942,70162.007.55$32,416
May 200753,17058.747.85$25,166
Apr 2007392,32459.617.81$20,464
Mar 20072071,75856.927.30$24,619
Feb 20072252,74355.108.22$34,934
Jan 200702,76650.306.73$18,606
Dec 20061823,22356.656.92$32,608
Nov 200602,50854.207.62$19,105
Oct 2006252,18654.906.01$14,519
Sep 20062022,78260.085.04$26,150
Aug 2006193,31968.717.34$25,667
Jul 20061743,34069.376.34$33,255
Jun 2006183,51266.286.38$23,613
May 2006193,48966.016.42$23,671
Apr 20061924,17564.397.36$43,093
Mar 20062003,93956.707.08$39,240
Feb 200602,97357.597.75$23,044
Jan 20061682,86060.598.93$35,728
Dec 20052072,99254.9413.42$51,511
Nov 200502,67654.6910.59$28,335
Oct 20051812,98958.3413.80$51,795
Sep 20051712,98861.4512.08$46,600
Aug 2005264,50161.519.80$45,695
Jul 20052053,76155.697.84$40,916
Jun 2005234,07052.337.38$31,244
May 20052074,75745.226.65$41,000
Apr 20052295,63149.207.36$52,714
Mar 20052095,82350.377.15$52,190
Feb 20052216,19945.226.31$49,121
Jan 20054857,50243.166.32$68,362
Dec 20042989,75039.866.75$77,701
Nov 200434111,89745.286.33$90,753
Oct 200462816,95549.706.52$141,675
Sep 200449428,37743.245.28$171,302

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                    9 Mcf  × $  3.05 =        $27

────────────────────────────────────────────────────
Month total                                      $27

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/205736 is the state's own key, not one this site invented.