REED, W. M.

Operated by HARLETON OIL & GAS INC. (P-5 357165) in the CARTHAGE (PETTIT, LOWER GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 215982District 06Field 16032650GasSaveExport
Value, all time
$9.8 M
Aug 2005 – May 2026
Value, last 12 filed months
$250 k
at the published price for each month
Months reported
250
no gaps in the span
Streams
1
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 588 leases and 588 wells, and the rule below applies to all of them.

Discovered
1942-04-03
as the register files it
Field class
Gas
the register's own label
Between wells
3,960 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: EFFECTIVE JUNE.

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
GasProduction1,978,418 Mcf$9,806,661
Total$9,806,661

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, -94.4651. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.12303, -94.46511 · 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
6,501 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 6,501 ft.

Completions filed
Aug 2005
1 of 1 wells

1 well

42-365357409A6,501 ftAug 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 (250)

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

250 months

May 20266,213106.413.05$18,924
Apr 20266,34698.932.87$18,211
Mar 20266,66289.753.15$20,982
Feb 20264,51563.503.75$16,933
Jan 20264,60759.138.00$36,846
Dec 20255,90756.664.41$26,070
Nov 20256,77558.593.93$26,602
Oct 20253,98959.383.30$13,183
Sep 20256,67462.743.08$20,535
Aug 20254,82263.933.01$14,537
Jul 20256,13366.743.32$20,332
Jun 20255,32966.483.13$16,673
May 20255,24360.553.23$16,947
Apr 20256,42062.363.54$22,747
Mar 20256,40267.704.27$27,326
Feb 20256,02170.884.34$26,136
Jan 20252,92674.324.28$12,519
Dec 20244,55368.993.12$14,212
Nov 20246,22169.052.20$13,677
Oct 20244,97371.372.28$11,345
Sep 20246,63369.612.36$15,683
Aug 20245,61575.632.06$11,587
Jul 20245,87679.932.15$12,613
Jun 20245,73378.082.63$15,101
May 20245,68978.812.20$12,507
Apr 20244,91784.451.66$8,158
Mar 20245,82180.301.55$8,994
Feb 20244,71776.091.78$8,413
Jan 20243,82173.023.30$12,600
Dec 20235,14471.262.61$13,430
Nov 20235,10677.892.81$14,335
Oct 20235,36585.443.09$16,563
Sep 20234,01489.042.74$10,978
Aug 20234,93580.522.67$13,191
Jul 20236,20374.852.64$16,387
Jun 20236,17568.962.26$13,946
May 20236,12570.622.23$13,643
Apr 20235,73078.122.24$12,822
Mar 20235,80572.852.39$13,892
Feb 20234,78075.112.47$11,786
Jan 20233,68276.533.39$12,474
Dec 20224,44076.415.73$25,437
Nov 20226,12985.005.65$34,606
Oct 20225,86487.185.86$34,385
Sep 20226,23684.888.16$50,909
Aug 20226,31594.529.13$57,638
Jul 20223,428101.587.54$25,854
Jun 20225,449115.097.98$43,468
May 20226,451109.378.43$54,402
Apr 20226,283104.226.84$42,961
Mar 20225,330108.885.08$27,057
Feb 20223,67991.054.86$17,876
Jan 20225,24081.844.54$23,777
Dec 20215,71471.323.90$22,280
Nov 20215,56677.435.24$29,148
Oct 20216,44479.795.71$36,820
Sep 20216,30269.865.35$33,722
Aug 20216,57766.024.22$27,759
Jul 20216,47470.783.98$25,780
Jun 20216,63169.493.38$22,417
May 20216,93063.483.02$20,912
Apr 20216,49760.362.76$17,921
Mar 20216,47761.302.72$17,598
Feb 20214,35857.805.55$24,178
Jan 20215,60650.412.81$15,754
Dec 20206,50344.642.68$17,399
Nov 20206,60138.772.71$17,866
Oct 20206,31736.972.48$15,656
Sep 20205,34437.091.99$10,640
Aug 20206,81139.982.39$16,245
Jul 20207,02138.371.83$12,814
Jun 20206,48034.901.69$10,953
May 20206,97516.921.81$12,658
Apr 20206,87514.751.80$12,405
Mar 20206,98630.341.86$12,968
Feb 20206,50749.881.98$12,888
Jan 20206,45157.252.09$13,513
Dec 20195,13059.012.30$11,821
Nov 20195,11055.302.75$14,056
Oct 20196,91553.472.42$16,724
Sep 20196,53855.052.66$17,373
Aug 20196,84653.112.30$15,776
Jul 20193,19756.272.46$7,865
Jun 20194,75152.782.49$11,836
May 20197,05058.482.74$19,319
Apr 20195,82262.632.75$16,015
Mar 20196,41956.803.06$19,656
Feb 20195,33250.852.79$14,888
Jan 20195,46046.033.23$17,626
Dec 20186,35746.594.19$26,607
Nov 20186,90752.934.24$29,267
Oct 20185,52761.443.40$18,781
Sep 20183,49959.543.11$10,875
Aug 20186,95359.403.07$21,322
Jul 20186,08465.142.93$17,838
Jun 20186,52960.183.08$20,089
May 20186,94065.382.90$20,132
Apr 20186,35663.842.90$18,437
Mar 20186,78661.222.79$18,912
Feb 20185,57961.782.77$15,432
Jan 20184,34762.874.01$17,429
Dec 20176,43757.272.92$18,806
Nov 20176,68555.423.12$20,846
Oct 20176,91549.292.98$20,632
Sep 20175,26947.523.09$16,267
Aug 20177,33245.373.00$22,028
Jul 20176,69643.873.09$20,672
Jun 20177,64742.493.09$23,608
May 20176,34845.373.26$20,716
Apr 20177,16447.933.21$23,008
Mar 20176,90446.772.98$20,599
Feb 20175,82550.452.95$17,199
Jan 20176,59649.413.42$22,550
Dec 20167,51748.763.72$27,985
Nov 20166,35742.492.64$16,810
Oct 20167,51946.193.09$23,236
Sep 20167,63741.553.10$23,680
Aug 20167,39041.442.92$21,611
Jul 20166,99441.622.92$20,453
Jun 20166,88845.352.69$18,500
May 20168,00342.521.99$15,934
Apr 20167,28136.561.99$14,497
Mar 20166,54133.011.79$11,735
Feb 20166,19326.472.06$12,780
Jan 20165,29927.352.36$12,529
Dec 20155,08332.362.00$10,173
Nov 20154,89838.792.17$10,616
Oct 20155,48443.552.43$13,307
Sep 20155,45842.992.76$15,055
Aug 20156,01640.162.87$17,281
Jul 20157,16348.152.95$21,096
Jun 20155,29956.152.88$15,276
May 20156,15755.212.96$18,197
Apr 20155,04249.822.71$13,647
Mar 20155,33342.892.93$15,651
Feb 20154,78544.662.98$14,241
Jan 20154,88543.433.10$15,147
Dec 20144,09354.693.59$14,699
Nov 20143,29170.464.25$13,993
Oct 20145,24078.303.90$20,441
Sep 20145,74686.164.05$23,245
Aug 20146,51989.394.04$26,305
Jul 20145,96296.564.18$24,919
Jun 20146,44898.164.74$30,543
May 20147,93494.734.73$37,501
Apr 20148,28395.944.81$39,834
Mar 20147,92695.895.06$40,080
Feb 20147,35697.406.19$45,548
Jan 20146,43490.404.86$31,274
Dec 20138,24791.824.35$35,911
Nov 20138,03688.853.74$30,041
Oct 20138,07997.423.78$30,533
Sep 20138,455104.113.72$31,433
Aug 20138,859104.253.52$31,207
Jul 20139,328102.523.72$34,679
Jun 20138,76094.403.93$34,457
May 20139,54394.834.15$39,595
Apr 20139,10893.964.28$39,006
Mar 20138,41593.623.91$32,927
Feb 20138,06891.233.42$27,592
Jan 20139,25591.603.42$31,651
Dec 20128,48286.773.42$29,010
Nov 20128,70186.953.62$31,541
Oct 20128,72989.383.40$29,676
Sep 20126,09794.672.92$17,793
Aug 20127,19592.662.91$20,924
Jul 20126,82885.133.02$20,626
Jun 20128,05479.822.52$20,288
May 20128,04791.612.49$20,024
Apr 20129,667101.652.00$19,303
Mar 20129,501105.052.22$21,112
Feb 20127,033101.102.57$18,077
Jan 20126,78498.092.73$18,548
Dec 20116,11896.873.24$19,821
Nov 201110,35595.723.31$34,288
Oct 20118,44584.983.65$30,812
Sep 20118,51183.623.99$33,923
Aug 201110,02383.404.15$41,589
Jul 201111,94594.144.52$53,958
Jun 20116,89992.904.64$32,011
May 20119,67098.134.40$42,595
Apr 201110,553105.964.33$45,729
Mar 201111,67096.364.06$47,349
Feb 20117,90585.644.18$33,043
Jan 201111,05386.504.59$50,720
Dec 201010,78485.734.35$46,886
Nov 20108,19180.843.80$31,088
Oct 20107,97378.103.51$27,976
Sep 201011,09972.633.98$44,168
Aug 20106,37673.684.42$28,178
Jul 201010,54572.554.74$49,946
Jun 20109,42170.364.91$46,261
May 201012,82871.124.24$54,329
Apr 20108,80981.694.12$36,317
Mar 201012,46878.394.39$54,718
Feb 20107,40573.585.44$40,301
Jan 20108,60174.365.96$51,297
Dec 200910,65471.445.48$58,424
Nov 20096,45274.593.75$24,205
Oct 20099,21172.544.11$37,860
Sep 20098,66665.543.06$26,559
Aug 200911,08567.423.22$35,677
Jul 20097,27861.133.46$25,215
Jun 20098,44066.163.90$32,874
May 20093,39654.743.93$13,332
Apr 20093,39646.773.59$12,183
Mar 200910,15442.144.06$41,215
Feb 200943232.814.63$2,001
Jan 20092,29135.865.37$12,305
Dec 20085,35237.105.98$31,990
Nov 20086,77855.496.86$46,500
Oct 200810,40175.246.92$71,996
Sep 20084,011101.767.88$31,595
Aug 20089,004114.228.48$76,381
Jul 200812,308131.0811.39$140,181
Jun 200810,349131.3313.03$134,875
May 200813,011123.1711.57$150,593
Apr 200814,734110.3110.45$154,042
Mar 200813,373101.909.66$129,238
Feb 200811,80292.538.77$103,510
Jan 200812,24390.388.21$100,463
Dec 200712,49488.337.30$91,231
Nov 200715,16291.677.29$110,557
Oct 200715,20882.856.92$105,269
Sep 200713,46875.846.24$84,096
Aug 200712,23369.066.39$78,144
Jul 200710,05670.906.39$64,237
Jun 200712,97562.007.55$97,941
May 200715,71358.747.85$123,289
Apr 200717,37659.617.81$135,623
Mar 200714,01056.927.30$102,301
Feb 200713,51255.108.22$111,015
Jan 200718,58050.306.73$124,985
Dec 200615,06356.656.92$104,212
Nov 200611,47454.207.62$87,403
Oct 200615,84854.906.01$95,307
Sep 200616,21060.085.04$81,653
Aug 200615,94068.717.34$116,998
Jul 200618,60969.376.34$118,032
Jun 200617,84066.286.38$113,888
May 200619,61266.016.42$126,007
Apr 200620,96664.397.36$154,320
Mar 200620,20556.707.08$143,110
Feb 200618,38457.597.75$142,497
Jan 200622,89460.598.93$204,519
Dec 200520,01454.9413.42$268,496
Nov 200522,21054.6910.59$235,168
Oct 200523,07558.3413.80$318,337
Sep 200512,93461.4512.08$156,230
Aug 2005061.519.80$0

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
Gas                6,213 Mcf  × $  3.05 =    $18,924

────────────────────────────────────────────────────
Month total                                  $18,924

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/215982 is the state's own key, not one this site invented.