REED, A.J. ESTATE

Operated by RFE OPERATING, LLC (P-5 704776) in the CARTHAGE, S. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 216490District 06Field 160372002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
Aug 2005 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
250
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 101 leases and 101 wells, and the rule below applies to all of them.

Discovered
1978-02-20
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/97.

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 Gas112006-07-31166736
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
CondensateDisposition4,184 bbl$293,249
GasProduction723,390 Mcf$4,413,294
Total$4,706,543

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 32.1198, -94.5089. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11981, -94.50895 · 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
10,080 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 10,080 ft.

Completions filed
Aug 2005
1 of 1 wells

1 well

42-36535758110,080 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 202600106.413.05$0
Apr 202637098.932.87$3,660
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202604459.138.00$352
Dec 2025030256.664.41$1,333
Nov 2025041658.593.93$1,633
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025028863.933.01$868
Jul 202505266.743.32$172
Jun 2025034366.483.13$1,073
May 2025077560.553.23$2,505
Apr 2025058662.363.54$2,076
Mar 20250067.704.27$0
Feb 202501170.884.34$48
Jan 20250074.324.28$0
Dec 2024053668.993.12$1,673
Nov 20240069.052.20$0
Oct 2024079571.372.28$1,814
Sep 20245069.612.36$348
Aug 202420153275.632.06$16,299
Jul 2024063679.932.15$1,365
Jun 2024661878.082.63$2,096
May 2024463178.812.20$1,702
Apr 2024749984.451.66$1,419
Mar 2024869080.301.55$1,709
Feb 2024075876.091.78$1,352
Jan 2024098273.023.30$3,238
Dec 202301,08571.262.61$2,833
Nov 2023076977.892.81$2,159
Oct 2023379185.443.09$2,698
Sep 2023597589.042.74$3,112
Aug 2023081680.522.67$2,181
Jul 202314680974.852.64$13,065
Jun 2023994768.962.26$2,759
May 2023051270.622.23$1,140
Apr 2023099478.122.24$2,224
Mar 2023089672.852.39$2,144
Feb 2023090975.112.47$2,241
Jan 202301,06776.533.39$3,615
Dec 202201,06676.415.73$6,107
Nov 202201,28685.005.65$7,261
Oct 202201,27887.185.86$7,494
Sep 202221,02584.888.16$8,538
Aug 202221,28994.529.13$11,954
Jul 202231,099101.587.54$8,593
Jun 20224977115.097.98$8,254
May 202291,438109.378.43$13,111
Apr 20220304104.226.84$2,079
Mar 20220255108.885.08$1,294
Feb 2022080491.054.86$3,907
Jan 2022081981.844.54$3,716
Dec 202101,68071.323.90$6,551
Nov 202101,49977.435.24$7,850
Oct 20211841,77179.795.71$24,801
Sep 202101,67869.865.35$8,979
Aug 202101,56266.024.22$6,593
Jul 202101,35270.783.98$5,384
Jun 202101,23369.493.38$4,168
May 202101,26063.483.02$3,802
Apr 202101,21960.362.76$3,363
Mar 202101,20061.302.72$3,260
Feb 202101,13557.805.55$6,297
Jan 202101,26450.412.81$3,552
Dec 202001,69644.642.68$4,538
Nov 202001,83838.772.71$4,975
Oct 202002,11236.972.48$5,234
Sep 202001,99137.091.99$3,964
Aug 2020371,81839.982.39$5,815
Jul 202001,92338.371.83$3,510
Jun 202001,91934.901.69$3,244
May 202001,53416.921.81$2,784
Apr 202001,28914.751.80$2,326
Mar 202001,33330.341.86$2,474
Feb 202001,23349.881.98$2,442
Jan 202001,30657.252.09$2,736
Dec 201901,29359.012.30$2,980
Nov 201901,19255.302.75$3,279
Oct 201901,17453.472.42$2,839
Sep 201901,16055.052.66$3,082
Aug 201901,23353.112.30$2,841
Jul 201901,16656.272.46$2,868
Jun 2019088652.782.49$2,207
May 201901,31058.482.74$3,590
Apr 201901,52562.632.75$4,195
Mar 201901,53856.803.06$4,710
Feb 201901,34450.852.79$3,753
Jan 201901,39546.033.23$4,503
Dec 201801,52046.594.19$6,362
Nov 201801,53352.934.24$6,496
Oct 201801,63161.443.40$5,542
Sep 201801,53859.543.11$4,780
Aug 201801,59859.403.07$4,900
Jul 20181351,64165.142.93$13,605
Jun 201801,56560.183.08$4,815
May 201801,65165.382.90$4,789
Apr 201801,56463.842.90$4,537
Mar 201801,75161.222.79$4,880
Feb 201801,65461.782.77$4,575
Jan 201801,09962.874.01$4,406
Dec 201701,81557.272.92$5,303
Nov 201701,61655.423.12$5,039
Oct 201701,49649.292.98$4,464
Sep 201701,38747.523.09$4,282
Aug 201701,41645.373.00$4,254
Jul 201701,33343.873.09$4,115
Jun 201701,44842.493.09$4,470
May 201701,62245.373.26$5,293
Apr 201701,84847.933.21$5,935
Mar 20171811,66046.772.98$13,418
Feb 201701,43250.452.95$4,228
Jan 201701,98249.413.42$6,776
Dec 2016121,98748.763.72$7,982
Nov 201601,93242.492.64$5,109
Oct 201602,03446.193.09$6,286
Sep 201602,35141.553.10$7,290
Aug 201602,46041.442.92$7,194
Jul 201602,29541.622.92$6,711
Jun 201602,39545.352.69$6,433
May 201602,34142.521.99$4,661
Apr 201602,37336.561.99$4,725
Mar 201602,45233.011.79$4,399
Feb 201602,17626.472.06$4,490
Jan 201602,47727.352.36$5,857
Dec 201502,38532.362.00$4,773
Nov 201502,25138.792.17$4,879
Oct 201502,35243.552.43$5,707
Sep 201502,52042.992.76$6,951
Aug 201502,36340.162.87$6,788
Jul 201502,55948.152.95$7,536
Jun 201502,55156.152.88$7,354
May 201502,76055.212.96$8,157
Apr 201502,61849.822.71$7,086
Mar 201502,85242.892.93$8,370
Feb 201502,82544.662.98$8,408
Jan 201501,94843.433.10$6,040
Dec 201402,03054.693.59$7,290
Nov 201401,97570.464.25$8,397
Oct 201402,54678.303.90$9,932
Sep 201402,37186.164.05$9,592
Aug 201402,61689.394.04$10,556
Jul 201402,73796.564.18$11,440
Jun 20141012,90798.164.74$23,684
May 201403,08494.734.73$14,577
Apr 201402,76395.944.81$13,288
Mar 201401,92095.895.06$9,709
Feb 201402,31197.406.19$14,310
Jan 201402,04290.404.86$9,926
Dec 201302,00491.824.35$8,726
Nov 201302,15388.853.74$8,049
Oct 201302,44897.423.78$9,252
Sep 201302,194104.113.72$8,157
Aug 201302,220104.253.52$7,820
Jul 201302,209102.523.72$8,212
Jun 20131312,31194.403.93$21,457
May 201302,03694.834.15$8,448
Apr 201302,37093.964.28$10,150
Mar 201302,45493.623.91$9,602
Feb 201302,23991.233.42$7,657
Jan 201302,80291.603.42$9,583
Dec 201202,38786.773.42$8,164
Nov 201202,67686.953.62$9,700
Oct 20121262,85289.383.40$20,958
Sep 201202,53994.672.92$7,410
Aug 201202,61792.662.91$7,611
Jul 201202,70585.133.02$8,171
Jun 201202,59479.822.52$6,534
May 201222,67791.612.49$6,844
Apr 201202,840101.652.00$5,671
Mar 201202,357105.052.22$5,237
Feb 201202,891101.102.57$7,431
Jan 201202,95898.092.73$8,087
Dec 2011843,16596.873.24$18,391
Nov 201102,94295.723.31$9,742
Oct 201103,23784.983.65$11,810
Sep 201102,88183.623.99$11,483
Aug 201122,96383.404.15$12,461
Jul 201113,20794.144.52$14,581
Jun 201102,89692.904.64$13,437
May 201103,09998.134.40$13,651
Apr 20111293,084105.964.33$27,033
Mar 201123,25396.364.06$13,391
Feb 201113,00985.644.18$12,663
Jan 201113,29886.504.59$15,220
Dec 201033,40485.734.35$15,057
Nov 201013,23780.843.80$12,366
Oct 201023,18278.103.51$11,321
Sep 201002,42172.633.98$9,634
Aug 201002,76273.684.42$12,206
Jul 20101942,88372.554.74$27,730
Jun 201001,90170.364.91$9,335
May 201002,69171.124.24$11,397
Apr 201012,62281.694.12$10,891
Mar 201003,01678.394.39$13,236
Feb 201002,33273.585.44$12,692
Jan 201013,09374.365.96$18,521
Dec 200902,81471.445.48$15,431
Nov 200912,88474.593.75$10,894
Oct 200902,63472.544.11$10,826
Sep 200933,21765.543.06$10,056
Aug 200943,39167.423.22$11,184
Jul 200903,28361.133.46$11,374
Jun 200943,41266.163.90$13,554
May 200914,71154.743.93$18,549
Apr 200901,31446.773.59$4,714
Mar 20090042.144.06$0
Feb 200918352232.814.63$8,423
Jan 200953,59635.865.37$19,493
Dec 200813,21937.105.98$19,278
Nov 200813,39255.496.86$23,326
Oct 200813,37475.246.92$23,430
Sep 200802,790101.767.88$21,977
Aug 200822,898114.228.48$24,812
Jul 200803,430131.0811.39$39,066
Jun 20081254,045131.3313.03$69,133
May 200853,838123.1711.57$45,038
Apr 200824,094110.3110.45$43,023
Mar 200814,896101.909.66$47,417
Feb 200864,94692.538.77$43,934
Jan 200815,39090.388.21$44,319
Dec 200705,85788.337.30$42,768
Nov 20071855,98091.677.29$60,563
Oct 200726,02482.856.92$41,864
Sep 200705,87475.846.24$36,678
Aug 200706,36969.066.39$40,685
Jul 200726,51870.906.39$41,778
Jun 200706,53262.007.55$49,306
May 2007136,96558.747.85$55,413
Apr 2007225,92059.617.81$47,518
Mar 20071707,88256.927.30$67,231
Feb 200706,32055.108.22$51,925
Jan 2007285,79750.306.73$40,404
Dec 2006417,00556.656.92$50,786
Nov 2006256,60354.207.62$51,653
Oct 20061987,66354.906.01$56,954
Sep 2006187,65660.085.04$39,646
Aug 2006268,78068.717.34$66,231
Jul 20061929,73269.376.34$75,047
Jun 2006698,81366.286.38$60,834
May 2006414,11466.016.42$90,946
Apr 20061415,29064.397.36$113,443
Mar 200620215,93256.707.08$124,298
Feb 2006013,37457.597.75$103,663
Jan 200621916,16660.598.93$157,685
Dec 200523117,93754.9413.42$253,323
Nov 200518520,75654.6910.59$229,890
Oct 2005019,53558.3413.80$269,500
Sep 200521025,00661.4512.08$314,952
Aug 2005016,66561.519.80$163,264

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.

Apr 2026 — as filed, then multipliedworked
Condensate            37 bbl  × $ 98.93 =     $3,660
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $3,660

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/216490 is the state's own key, not one this site invented.