REED ESTATE UNIT

Operated by RFE OPERATING, LLC (P-5 704776) 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 222602District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
Sep 2006 – May 2026
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
237
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
High Cost Gas112007-08-21176598
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
CondensateDisposition6,563 bbl$453,924
GasProduction813,843 Mcf$4,068,406
Total$4,522,329

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 32.1183, -94.4803. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11833, -94.48029 · 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
10,033 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 10,033 ft.

Completions filed
Sep 2006
1 of 1 wells

1 well

42-36535771310,033 ftSep 2006

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 (237)

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

237 months

May 20260127106.413.05$387
Apr 2026080998.932.87$2,322
Mar 2026222489.753.15$885
Feb 20260063.503.75$0
Jan 2026228559.138.00$2,398
Dec 202502656.664.41$115
Nov 202501,33058.593.93$5,222
Oct 2025082459.383.30$2,723
Sep 20250062.743.08$0
Aug 2025039763.933.01$1,197
Jul 2025061866.743.32$2,049
Jun 202501,72866.483.13$5,406
May 2025021760.553.23$701
Apr 202501,28262.363.54$4,542
Mar 2025063867.704.27$2,723
Feb 202501,17070.884.34$5,079
Jan 2025089274.324.28$3,817
Dec 202401,19468.993.12$3,727
Nov 2024093669.052.20$2,058
Oct 202401,29071.372.28$2,943
Sep 2024080369.612.36$1,899
Aug 20241951,31675.632.06$17,464
Jul 202401,50479.932.15$3,228
Jun 2024265178.082.63$1,871
May 2024194978.812.20$2,165
Apr 2024297684.451.66$1,788
Mar 202421,40680.301.55$2,333
Feb 202401,88276.091.78$3,357
Jan 2024091373.023.30$3,011
Dec 202302,27771.262.61$5,945
Nov 20231691,66377.892.81$17,832
Oct 202342,05285.443.09$6,677
Sep 2023091889.042.74$2,511
Aug 2023054980.522.67$1,467
Jul 202302,09074.852.64$5,521
Jun 202391,47368.962.26$3,947
May 2023037570.622.23$835
Apr 202303,00978.122.24$6,733
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 202302,13776.533.39$7,240
Dec 202201,46676.415.73$8,399
Nov 202202,42885.005.65$13,709
Oct 202202,18687.185.86$12,818
Sep 2022056384.888.16$4,596
Aug 2022166094.529.13$6,118
Jul 20221882,148101.587.54$35,297
Jun 202241,160115.097.98$9,714
May 202241,610109.378.43$14,015
Apr 202202,151104.226.84$14,708
Mar 202201,589108.885.08$8,066
Feb 2022067691.054.86$3,285
Jan 202201,18681.844.54$5,382
Dec 2021099471.323.90$3,876
Nov 202102,16977.435.24$11,359
Oct 202101,36379.795.71$7,788
Sep 202101,77069.865.35$9,471
Aug 202101,77366.024.22$7,483
Jul 202101,66170.783.98$6,614
Jun 202102,23469.493.38$7,552
May 202102,32463.483.02$7,013
Apr 202101,84360.362.76$5,084
Mar 202102,19261.302.72$5,956
Feb 202102,21557.805.55$12,289
Jan 20211811,99050.412.81$14,717
Dec 202001,12244.642.68$3,002
Nov 202001,97738.772.71$5,351
Oct 202001,91036.972.48$4,734
Sep 202001,78137.091.99$3,546
Aug 202002,23639.982.39$5,333
Jul 202001,86138.371.83$3,397
Jun 202001,65834.901.69$2,803
May 202001,91616.921.81$3,477
Apr 202002,46514.751.80$4,448
Mar 202001,79230.341.86$3,326
Feb 202002,06949.881.98$4,098
Jan 202002,12657.252.09$4,453
Dec 20191871,86459.012.30$15,330
Nov 201902,32055.302.75$6,382
Oct 201901,79553.472.42$4,341
Sep 201901,94255.052.66$5,160
Aug 201901,85653.112.30$4,277
Jul 201901,96656.272.46$4,836
Jun 201902,09852.782.49$5,227
May 201902,14558.482.74$5,878
Apr 201902,28962.632.75$6,296
Mar 201902,03756.803.06$6,238
Feb 20191431,86150.852.79$12,468
Jan 201902,94146.033.23$9,494
Dec 201801,99146.594.19$8,333
Nov 201802,20952.934.24$9,360
Oct 201802,28661.443.40$7,768
Sep 201802,34659.543.11$7,291
Aug 201802,45659.403.07$7,531
Jul 201802,74765.142.93$8,054
Jun 20181793,08160.183.08$20,252
May 2018031465.382.90$911
Apr 201801,44463.842.90$4,189
Mar 201802,25861.222.79$6,293
Feb 201801,59661.782.77$4,415
Jan 201801,95662.874.01$7,842
Dec 201701,96457.272.92$5,738
Nov 201702,51455.423.12$7,840
Oct 201701,72149.292.98$5,135
Sep 201701,90447.523.09$5,878
Aug 20171712,55545.373.00$15,435
Jul 201701,98543.873.09$6,128
Jun 201701,89342.493.09$5,844
May 201702,74845.373.26$8,968
Apr 201701,87147.933.21$6,009
Mar 201702,64246.772.98$7,883
Feb 201702,30450.452.95$6,803
Jan 201703,00349.413.42$10,267
Dec 201609048.763.72$335
Nov 201601,79742.492.64$4,752
Oct 20161692,51246.193.09$15,569
Sep 201602,38241.553.10$7,386
Aug 201602,42841.442.92$7,100
Jul 201602,71141.622.92$7,928
Jun 201602,70145.352.69$7,254
May 201602,33442.521.99$4,647
Apr 201602,76136.561.99$5,497
Mar 201602,31333.011.79$4,150
Feb 20161902,44126.472.06$10,067
Jan 201602,70827.352.36$6,403
Dec 201503,13532.362.00$6,274
Nov 201501,37738.792.17$2,984
Oct 201502,39643.552.43$5,814
Sep 201502,42942.992.76$6,700
Aug 201502,94440.162.87$8,457
Jul 201502,66648.152.95$7,852
Jun 201502,44956.152.88$7,060
May 201503,31255.212.96$9,788
Apr 20151553,25949.822.71$16,543
Mar 20151563,18542.892.93$16,038
Feb 201502,49244.662.98$7,417
Jan 201501,76743.433.10$5,479
Dec 201402,57054.693.59$9,230
Nov 201401,96370.464.25$8,346
Oct 201401,51978.303.90$5,926
Sep 2014067286.164.05$2,719
Aug 201401,08689.394.04$4,382
Jul 201401,73196.564.18$7,235
Jun 201402,33398.164.74$11,051
May 201402,51394.734.73$11,878
Apr 201402,59195.944.81$12,460
Mar 201402,45295.895.06$12,399
Feb 201401,64297.406.19$10,167
Jan 20141971,95790.404.86$27,321
Dec 201303,00691.824.35$13,090
Nov 201302,78288.853.74$10,400
Oct 201303,28897.423.78$12,427
Sep 201303,786104.113.72$14,075
Aug 201303,503104.253.52$12,340
Jul 2013472,149102.523.72$12,808
Jun 201302,12094.403.93$8,339
May 201303,13594.834.15$13,007
Apr 2013262,79093.964.28$14,391
Mar 2013653,26993.623.91$18,876
Feb 201323,13491.233.42$10,900
Jan 201322,66891.603.42$9,308
Dec 201242,86286.773.42$10,136
Nov 201213,29586.953.62$12,031
Oct 20121583,42989.383.40$25,780
Sep 201213,54294.672.92$10,432
Aug 201223,60492.662.91$10,666
Jul 201223,63985.133.02$11,163
Jun 201203,67779.822.52$9,263
May 201254,03891.612.49$10,506
Apr 20121913,991101.652.00$27,384
Mar 201203,577105.052.22$7,948
Feb 201223,998101.102.57$10,478
Jan 201264,42298.092.73$12,679
Dec 201124,41196.873.24$14,484
Nov 201124,37095.723.31$14,662
Oct 201114,46184.983.65$16,361
Sep 201113,69783.623.99$14,819
Aug 201144,40883.404.15$18,624
Jul 20111624,95794.144.52$37,643
Jun 201104,65392.904.64$21,589
May 201104,80698.134.40$21,170
Apr 201124,475105.964.33$19,603
Mar 201114,98596.364.06$20,322
Feb 201154,42985.644.18$18,941
Jan 201114,99686.504.59$23,012
Dec 201035,05585.734.35$22,235
Nov 201025,06480.843.80$19,381
Oct 201015,46478.103.51$19,251
Sep 201014,98172.633.98$19,894
Aug 201024,99273.684.42$22,209
Jul 20101835,12372.554.74$37,542
Jun 201004,37870.364.91$21,498
May 201015,52771.124.24$23,479
Apr 201015,65781.694.12$23,404
Mar 201007,27178.394.39$31,910
Feb 201004,44873.585.44$24,208
Jan 201004,60974.365.96$27,488
Dec 200905,46471.445.48$29,963
Nov 200916,12674.593.75$23,056
Oct 200916,63772.544.11$27,352
Sep 200935,52765.543.06$17,135
Aug 200927,32167.423.22$23,697
Jul 200906,56561.133.46$22,744
Jun 20091497,42066.163.90$38,759
May 2009111,76454.743.93$46,237
Apr 200901,20746.773.59$4,330
Mar 20090042.144.06$0
Feb 2009111632.814.63$570
Jan 200976,20135.865.37$33,557
Dec 200836,54837.105.98$39,250
Nov 200826,54855.496.86$45,033
Oct 200846,96975.246.92$48,540
Sep 20081745,765101.767.88$63,118
Aug 200826,628114.228.48$56,454
Jul 200817,254131.0811.39$82,750
Jun 200862,917131.3313.03$38,804
May 20081687,687123.1711.57$109,664
Apr 200807,761110.3110.45$81,140
Mar 200818,542101.909.66$82,652
Feb 20081628,47992.538.77$89,356
Jan 200829,66190.388.21$79,456
Dec 200717210,99288.337.30$95,456
Nov 2007010,32691.677.29$75,294
Oct 20071728,44882.856.92$72,727
Sep 20071636,53175.846.24$53,143
Aug 20071789,05969.066.39$70,161
Jul 200708,85270.906.39$56,546
Jun 20073599,71862.007.55$95,614
May 2007411,53458.747.85$90,734
Apr 200718812,03659.617.81$105,150
Mar 200718613,90056.927.30$112,085
Feb 200718113,80255.108.22$123,370
Jan 200718016,93150.306.73$122,946
Dec 200637017,32456.656.92$140,816
Nov 200633918,27754.207.62$157,598
Oct 200617925,34254.906.01$162,229
Sep 2006012,02960.085.04$60,592

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                  127 Mcf  × $  3.05 =       $387

────────────────────────────────────────────────────
Month total                                     $387

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/222602 is the state's own key, not one this site invented.