REED. W.M. GAS UNIT

Name: REED. W.M. GAS UNIT lease production and value, Mar 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 213558District 06Field 160321742 tax incentive programmesCondensateGasSave Export

Value, all time

$6.1 M

Mar 2005 – May 2026

Value, last 12 filed months

$11 k

at the published price for each month

Months reported

255

no gaps in the span

Streams

condensate, gas

The CARTHAGE (COTTON VALLEY) 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 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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2007-09-27	177337
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	12,264 bbl	$840,652
Gas	Production	936,786 Mcf	$5,246,369
Total			$6,087,021

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 32.1230, -94.4648. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.12297, -94.46479 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,965 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 9,965 ft.

Completions filed

Mar 2005

1 of 1 wells

1 well


42-36535453	9	9,965 ft	Mar 2005	—	—

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 (255)

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

255 months


May 2026	1	67	106.41	3.05	$310
Apr 2026	1	55	98.93	2.87	$257
Mar 2026	1	73	89.75	3.15	$320
Feb 2026	2	87	63.50	3.75	$453
Jan 2026	2	162	59.13	8.00	$1,414
Dec 2025	3	169	56.66	4.41	$916
Nov 2025	5	304	58.59	3.93	$1,487
Oct 2025	4	372	59.38	3.30	$1,467
Sep 2025	4	358	62.74	3.08	$1,353
Aug 2025	4	288	63.93	3.01	$1,124
Jul 2025	3	285	66.74	3.32	$1,145
Jun 2025	2	213	66.48	3.13	$799
May 2025	4	278	60.55	3.23	$1,141
Apr 2025	4	249	62.36	3.54	$1,132
Mar 2025	5	255	67.70	4.27	$1,427
Feb 2025	2	165	70.88	4.34	$858
Jan 2025	3	155	74.32	4.28	$886
Dec 2024	5	461	68.99	3.12	$1,784
Nov 2024	14	1,238	69.05	2.20	$3,688
Oct 2024	20	2,692	71.37	2.28	$7,569
Sep 2024	15	1,599	69.61	2.36	$4,825
Aug 2024	11	1,166	75.63	2.06	$3,238
Jul 2024	9	1,523	79.93	2.15	$3,989
Jun 2024	10	1,757	78.08	2.63	$5,409
May 2024	32	1,924	78.81	2.20	$6,752
Apr 2024	21	1,437	84.45	1.66	$4,158
Mar 2024	26	2,288	80.30	1.55	$5,623
Feb 2024	32	2,174	76.09	1.78	$6,313
Jan 2024	29	1,918	73.02	3.30	$8,442
Dec 2023	30	2,169	71.26	2.61	$7,800
Nov 2023	20	2,011	77.89	2.81	$7,204
Oct 2023	12	1,767	85.44	3.09	$6,481
Sep 2023	13	1,379	89.04	2.74	$4,929
Aug 2023	8	1,486	80.52	2.67	$4,616
Jul 2023	7	1,048	74.85	2.64	$3,293
Jun 2023	7	889	68.96	2.26	$2,491
May 2023	9	60	70.62	2.23	$769
Apr 2023	16	1,592	78.12	2.24	$4,812
Mar 2023	11	2,917	72.85	2.39	$7,782
Feb 2023	0	0	75.11	2.47	$0
Jan 2023	0	0	76.53	3.39	$0
Dec 2022	0	0	76.41	5.73	$0
Nov 2022	13	8	85.00	5.65	$1,150
Oct 2022	24	3,165	87.18	5.86	$20,651
Sep 2022	14	1,862	84.88	8.16	$16,389
Aug 2022	10	1,305	94.52	9.13	$12,856
Jul 2022	10	971	101.58	7.54	$8,339
Jun 2022	6	980	115.09	7.98	$8,508
May 2022	6	922	109.37	8.43	$8,431
Apr 2022	7	691	104.22	6.84	$5,454
Mar 2022	8	725	108.88	5.08	$4,551
Feb 2022	11	1,380	91.05	4.86	$7,707
Jan 2022	7	1,306	81.84	4.54	$6,499
Dec 2021	8	666	71.32	3.90	$3,167
Nov 2021	9	1,425	77.43	5.24	$8,159
Oct 2021	14	1,933	79.79	5.71	$12,162
Sep 2021	10	1,622	69.86	5.35	$9,378
Aug 2021	9	1,324	66.02	4.22	$6,182
Jul 2021	7	1,136	70.78	3.98	$5,019
Jun 2021	6	886	69.49	3.38	$3,412
May 2021	2	481	63.48	3.02	$1,578
Apr 2021	5	797	60.36	2.76	$2,500
Mar 2021	0	651	61.30	2.72	$1,769
Feb 2021	0	365	57.80	5.55	$2,025
Jan 2021	0	1,708	50.41	2.81	$4,800
Dec 2020	0	2,076	44.64	2.68	$5,554
Nov 2020	19	2,106	38.77	2.71	$6,437
Oct 2020	13	2,108	36.97	2.48	$5,705
Sep 2020	26	1,993	37.09	1.99	$4,932
Aug 2020	20	2,658	39.98	2.39	$7,139
Jul 2020	21	2,386	38.37	1.83	$5,161
Jun 2020	19	1,818	34.90	1.69	$3,736
May 2020	26	2,241	16.92	1.81	$4,507
Apr 2020	28	2,272	14.75	1.80	$4,513
Mar 2020	30	2,467	30.34	1.86	$5,490
Feb 2020	31	2,202	49.88	1.98	$5,908
Jan 2020	30	2,417	57.25	2.09	$6,780
Dec 2019	31	2,379	59.01	2.30	$7,311
Nov 2019	28	2,010	55.30	2.75	$7,077
Oct 2019	41	3,536	53.47	2.42	$10,744
Sep 2019	36	3,294	55.05	2.66	$10,735
Aug 2019	26	3,048	53.11	2.30	$8,405
Jul 2019	12	947	56.27	2.46	$3,005
Jun 2019	10	1,171	52.78	2.49	$3,445
May 2019	9	604	58.48	2.74	$2,181
Apr 2019	12	866	62.63	2.75	$3,134
Mar 2019	24	1,790	56.80	3.06	$6,844
Feb 2019	27	2,144	50.85	2.79	$7,359
Jan 2019	31	2,198	46.03	3.23	$8,522
Dec 2018	27	1,803	46.59	4.19	$8,804
Nov 2018	29	2,429	52.93	4.24	$11,827
Oct 2018	36	3,123	61.44	3.40	$12,824
Sep 2018	25	2,242	59.54	3.11	$8,457
Aug 2018	28	2,558	59.40	3.07	$9,507
Jul 2018	23	2,152	65.14	2.93	$7,808
Jun 2018	19	1,941	60.18	3.08	$7,116
May 2018	31	2,828	65.38	2.90	$10,230
Apr 2018	32	2,751	63.84	2.90	$10,023
Mar 2018	35	3,018	61.22	2.79	$10,553
Feb 2018	36	2,672	61.78	2.77	$9,615
Jan 2018	28	2,644	62.87	4.01	$12,361
Dec 2017	33	2,883	57.27	2.92	$10,313
Nov 2017	27	2,348	55.42	3.12	$8,818
Oct 2017	27	2,902	49.29	2.98	$9,989
Sep 2017	26	2,789	47.52	3.09	$9,846
Aug 2017	25	2,965	45.37	3.00	$10,042
Jul 2017	30	3,111	43.87	3.09	$10,921
Jun 2017	27	3,323	42.49	3.09	$11,406
May 2017	27	2,119	45.37	3.26	$8,140
Apr 2017	30	2,891	47.93	3.21	$10,723
Mar 2017	33	3,006	46.77	2.98	$10,512
Feb 2017	31	2,808	50.45	2.95	$9,855
Jan 2017	34	3,612	49.41	3.42	$14,029
Dec 2016	36	3,025	48.76	3.72	$13,017
Nov 2016	34	2,953	42.49	2.64	$9,253
Oct 2016	27	3,129	46.19	3.09	$10,917
Sep 2016	25	3,145	41.55	3.10	$10,790
Aug 2016	21	3,165	41.44	2.92	$10,126
Jul 2016	21	2,015	41.62	2.92	$6,767
Jun 2016	22	2,697	45.35	2.69	$8,241
May 2016	31	2,677	42.52	1.99	$6,648
Apr 2016	61	2,492	36.56	1.99	$7,192
Mar 2016	63	2,543	33.01	1.79	$6,642
Feb 2016	57	1,163	26.47	2.06	$3,909
Jan 2016	66	2,757	27.35	2.36	$8,324
Dec 2015	79	2,979	32.36	2.00	$8,519
Nov 2015	61	3,841	38.79	2.17	$10,691
Oct 2015	52	2,926	43.55	2.43	$9,365
Sep 2015	51	2,734	42.99	2.76	$9,734
Aug 2015	54	2,599	40.16	2.87	$9,634
Jul 2015	61	1,827	48.15	2.95	$8,318
Jun 2015	59	2,740	56.15	2.88	$11,212
May 2015	57	2,998	55.21	2.96	$12,007
Apr 2015	63	2,459	49.82	2.71	$9,794
Mar 2015	69	2,971	42.89	2.93	$11,678
Feb 2015	17	2,817	44.66	2.98	$9,143
Jan 2015	17	2,930	43.43	3.10	$9,823
Dec 2014	17	2,910	54.69	3.59	$11,381
Nov 2014	16	2,875	70.46	4.25	$13,351
Oct 2014	17	2,993	78.30	3.90	$13,007
Sep 2014	13	2,331	86.16	4.05	$10,550
Aug 2014	14	2,742	89.39	4.04	$12,316
Jul 2014	14	2,863	96.56	4.18	$13,318
Jun 2014	14	3,059	98.16	4.74	$15,864
May 2014	71	3,380	94.73	4.73	$22,702
Apr 2014	67	3,379	95.94	4.81	$22,678
Mar 2014	54	3,508	95.89	5.06	$22,917
Feb 2014	59	2,774	97.40	6.19	$22,923
Jan 2014	54	3,500	90.40	4.86	$21,894
Dec 2013	57	3,308	91.82	4.35	$19,638
Nov 2013	49	3,560	88.85	3.74	$17,662
Oct 2013	54	3,215	97.42	3.78	$17,411
Sep 2013	44	3,300	104.11	3.72	$16,849
Aug 2013	45	3,616	104.25	3.52	$17,429
Jul 2013	52	3,210	102.52	3.72	$17,265
Jun 2013	45	3,385	94.40	3.93	$17,563
May 2013	42	3,813	94.83	4.15	$19,803
Apr 2013	20	3,660	93.96	4.28	$17,553
Mar 2013	19	3,888	93.62	3.91	$16,992
Feb 2013	20	2,948	91.23	3.42	$11,906
Jan 2013	28	3,444	91.60	3.42	$14,343
Dec 2012	21	3,917	86.77	3.42	$15,219
Nov 2012	19	5,154	86.95	3.62	$20,335
Oct 2012	21	5,517	89.38	3.40	$20,633
Sep 2012	16	3,613	94.67	2.92	$12,059
Aug 2012	20	4,079	92.66	2.91	$13,716
Jul 2012	20	3,632	85.13	3.02	$12,674
Jun 2012	20	3,578	79.82	2.52	$10,610
May 2012	23	3,569	91.61	2.49	$10,988
Apr 2012	56	3,701	101.65	2.00	$13,083
Mar 2012	72	3,547	105.05	2.22	$15,445
Feb 2012	65	3,276	101.10	2.57	$14,992
Jan 2012	93	3,873	98.09	2.73	$19,711
Dec 2011	93	4,096	96.87	3.24	$22,279
Nov 2011	74	3,847	95.72	3.31	$19,822
Oct 2011	85	4,323	84.98	3.65	$22,996
Sep 2011	66	4,076	83.62	3.99	$21,765
Aug 2011	102	3,986	83.40	4.15	$25,046
Jul 2011	95	4,004	94.14	4.52	$27,030
Jun 2011	106	4,102	92.90	4.64	$28,880
May 2011	129	4,392	98.13	4.40	$32,005
Apr 2011	56	4,301	105.96	4.33	$24,571
Mar 2011	61	4,341	96.36	4.06	$23,491
Feb 2011	53	3,575	85.64	4.18	$19,482
Jan 2011	54	3,943	86.50	4.59	$22,765
Dec 2010	46	4,191	85.73	4.35	$22,165
Nov 2010	30	4,381	80.84	3.80	$19,053
Oct 2010	27	3,992	78.10	3.51	$16,116
Sep 2010	26	4,368	72.63	3.98	$19,271
Aug 2010	22	3,549	73.68	4.42	$17,305
Jul 2010	31	3,918	72.55	4.74	$20,807
Jun 2010	26	4,335	70.36	4.91	$23,116
May 2010	31	4,102	71.12	4.24	$19,578
Apr 2010	37	3,910	81.69	4.12	$19,142
Mar 2010	32	4,423	78.39	4.39	$21,920
Feb 2010	43	4,770	73.58	5.44	$29,124
Jan 2010	40	4,892	74.36	5.96	$32,151
Dec 2009	28	4,806	71.44	5.48	$28,355
Nov 2009	32	3,610	74.59	3.75	$15,930
Oct 2009	34	2,672	72.54	4.11	$13,449
Sep 2009	47	4,592	65.54	3.06	$17,154
Aug 2009	42	5,115	67.42	3.22	$19,294
Jul 2009	29	4,374	61.13	3.46	$16,926
Jun 2009	53	5,641	66.16	3.90	$25,478
May 2009	16	2,649	54.74	3.93	$11,275
Apr 2009	85	4,453	46.77	3.59	$19,951
Mar 2009	23	66	42.14	4.06	$1,237
Feb 2009	8	2,500	32.81	4.63	$11,845
Jan 2009	26	1,037	35.86	5.37	$6,502
Dec 2008	105	4,337	37.10	5.98	$29,818
Nov 2008	64	5,159	55.49	6.86	$38,944
Oct 2008	108	6,097	75.24	6.92	$50,329
Sep 2008	27	1,788	101.76	7.88	$16,832
Aug 2008	79	4,461	114.22	8.48	$46,866
Jul 2008	107	4,876	131.08	11.39	$69,560
Jun 2008	80	4,266	131.33	13.03	$66,104
May 2008	78	3,781	123.17	11.57	$53,370
Apr 2008	136	3,828	110.31	10.45	$55,023
Mar 2008	107	5,141	101.90	9.66	$60,586
Feb 2008	110	4,651	92.53	8.77	$50,970
Jan 2008	104	5,611	90.38	8.21	$55,442
Dec 2007	111	5,435	88.33	7.30	$49,491
Nov 2007	109	5,437	91.67	7.29	$49,637
Oct 2007	105	5,181	82.85	6.92	$44,562
Sep 2007	109	5,444	75.84	6.24	$42,260
Aug 2007	96	5,467	69.06	6.39	$41,553
Jul 2007	124	5,486	70.90	6.39	$43,836
Jun 2007	129	5,839	62.00	7.55	$52,073
May 2007	162	8,233	58.74	7.85	$74,114
Apr 2007	167	7,048	59.61	7.81	$64,966
Mar 2007	171	7,075	56.92	7.30	$61,395
Feb 2007	224	6,666	55.10	8.22	$67,110
Jan 2007	222	7,327	50.30	6.73	$60,454
Dec 2006	79	7,493	56.65	6.92	$56,315
Nov 2006	117	7,382	54.20	7.62	$62,574
Oct 2006	189	7,430	54.90	6.01	$55,059
Sep 2006	84	7,623	60.08	5.04	$43,445
Aug 2006	169	8,181	68.71	7.34	$71,660
Jul 2006	155	8,633	69.37	6.34	$65,509
Jun 2006	115	8,905	66.28	6.38	$64,471
May 2006	118	8,854	66.01	6.42	$64,676
Apr 2006	177	8,641	64.39	7.36	$74,999
Mar 2006	174	9,533	56.70	7.08	$77,387
Feb 2006	133	9,669	57.59	7.75	$82,605
Jan 2006	176	10,960	60.59	8.93	$108,573
Dec 2005	175	11,654	54.94	13.42	$165,958
Nov 2005	218	13,092	54.69	10.59	$150,546
Oct 2005	175	12,307	58.34	13.80	$179,994
Sep 2005	174	14,346	61.45	12.08	$183,978
Aug 2005	130	17,332	61.51	9.80	$177,795
Jul 2005	130	17,602	55.69	7.84	$145,303
Jun 2005	173	20,070	52.33	7.38	$157,191
May 2005	174	25,969	45.22	6.65	$180,592
Apr 2005	239	39,192	49.20	7.36	$300,231
Mar 2005	91	20,265	50.37	7.15	$149,577

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             1 bbl  × $106.41 =       $106
Gas                   67 Mcf  × $  3.05 =       $204

────────────────────────────────────────────────────
Month total                                     $310

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/213558 is the state's own key, not one this site invented.