REED, W.M. GAS UNIT

Operated by MMGL EAST TEXAS III, LLC (P-5 102551) in the CARTHAGE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 225221District 06Field 16032812CondensateGasSaveExport
Value, all time
$2.8 M
Mar 2005 – May 2026
Value, last 12 filed months
$70 k
at the published price for each month
Months reported
255
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 873 leases and 896 wells, and the rule below applies to all of them.

Discovered
1943-06-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-10-10.

The Commission's schedule remark for this field reads: (PETTIT, LOWER).

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
CondensateDisposition9,270 bbl$650,930
GasProduction385,673 Mcf$2,117,353
Total$2,768,283

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 32.1190, -94.4659. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11902, -94.46594 · 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
9,980 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 9,980 ft.

Completions filed
Mar 2005
1 of 1 wells

1 well

42-3653200349,980 ftMar 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 202670869106.413.05$10,096
Apr 20266683698.932.87$8,928
Mar 20265773189.753.15$7,418
Feb 20264258263.503.75$4,850
Jan 20264467959.138.00$8,032
Dec 20254366656.664.41$5,376
Nov 20255066858.593.93$5,552
Oct 20253566059.383.30$4,259
Sep 20253159362.743.08$3,770
Aug 20253559463.933.01$4,028
Jul 20253060566.743.32$4,008
Jun 20252354866.483.13$3,244
May 20253658860.553.23$4,080
Apr 20253855962.363.54$4,350
Mar 20255256767.704.27$5,941
Feb 20253051170.884.34$4,345
Jan 20253157174.324.28$4,747
Dec 20242051468.993.12$2,984
Nov 20243267069.052.20$3,683
Oct 20242157471.372.28$2,808
Sep 20243473869.612.36$4,112
Aug 20242966975.632.06$3,574
Jul 20242073779.932.15$3,181
Jun 20241870278.082.63$3,254
May 20245571878.812.20$5,913
Apr 20244170284.451.66$4,627
Mar 20244677380.301.55$4,888
Feb 20245590576.091.78$5,799
Jan 20244253473.023.30$4,828
Dec 20234886071.262.61$5,666
Nov 20232746077.892.81$3,395
Oct 20232563585.443.09$4,096
Sep 20233168889.042.74$4,642
Aug 20232363080.522.67$3,536
Jul 20232971074.852.64$4,046
Jun 20233870468.962.26$4,210
May 20232555570.622.23$3,002
Apr 20232866978.122.24$3,684
Mar 20234391472.852.39$5,320
Feb 20235899075.112.47$6,797
Jan 20234779876.533.39$6,300
Dec 2022761,01376.415.73$11,611
Nov 2022671,79785.005.65$15,841
Oct 20222869587.185.86$6,516
Sep 20222663884.888.16$7,415
Aug 20222566294.529.13$8,405
Jul 202229608101.587.54$7,531
Jun 202219580115.097.98$6,813
May 202221598109.378.43$7,340
Apr 202235733104.226.84$8,660
Mar 202231762108.885.08$7,244
Feb 20222766891.054.86$5,704
Jan 20222461781.844.54$4,764
Dec 20213173871.323.90$5,088
Nov 20211974677.435.24$5,378
Oct 20212767079.795.71$5,983
Sep 20212778869.865.35$6,103
Aug 20213084666.024.22$5,551
Jul 20212783070.783.98$5,216
Jun 20213587469.493.38$5,387
May 20212031,22063.483.02$16,568
Apr 20214411,05560.362.76$29,529
Mar 2021394961.302.72$24,177
Feb 2021024057.805.55$1,332
Jan 2021066350.412.81$1,863
Dec 2020077744.642.68$2,079
Nov 20202574538.772.71$2,986
Oct 20201639636.972.48$1,573
Sep 20204071637.091.99$2,909
Aug 20203069539.982.39$2,857
Jul 20204065838.371.83$2,736
Jun 20203755434.901.69$2,228
May 20204891316.921.81$2,469
Apr 20205081514.751.80$2,208
Mar 2020571,09130.341.86$3,755
Feb 20204777149.881.98$3,871
Jan 20203762457.252.09$3,425
Dec 20193654859.012.30$3,387
Nov 20193963155.302.75$3,892
Oct 20194680453.472.42$4,404
Sep 20194783955.052.66$4,817
Aug 2019551,13153.112.30$5,527
Jul 2019591,10156.272.46$6,028
Jun 20194076652.782.49$4,019
May 2019731,14758.482.74$7,412
Apr 2019501,00762.632.75$5,901
Mar 20193558456.803.06$3,776
Feb 20194367450.852.79$4,069
Jan 20195889746.033.23$5,565
Dec 20184771846.594.19$5,195
Nov 20183764552.934.24$4,691
Oct 20185589461.443.40$6,417
Sep 2018601,14759.543.11$7,137
Aug 2018661,24859.403.07$7,747
Jul 2018531,11465.142.93$6,719
Jun 20183375060.183.08$4,294
May 20185091965.382.90$5,935
Apr 2018611,18863.842.90$7,340
Mar 20184083061.222.79$4,762
Feb 20183035261.782.77$2,827
Jan 2018401,00862.874.01$6,556
Dec 201743457.272.92$328
Nov 20171958755.423.12$2,883
Oct 20173780649.292.98$4,229
Sep 20174595947.523.09$5,099
Aug 20174289545.373.00$4,594
Jul 20175268343.873.09$4,390
Jun 20174691242.493.09$4,770
May 2017471,00745.373.26$5,419
Apr 20175299847.933.21$5,698
Mar 20175794746.772.98$5,491
Feb 20175471150.452.95$4,824
Jan 2017581,05749.413.42$6,479
Dec 20166189348.763.72$6,299
Nov 20165997242.492.64$5,077
Oct 2016471,20146.193.09$5,882
Sep 20164465941.553.10$3,872
Aug 20163799641.442.92$4,446
Jul 20163698541.622.92$4,379
Jun 2016381,04045.352.69$4,517
May 2016391,03542.521.99$3,719
Apr 2016161,15136.561.99$2,877
Mar 2016161,47133.011.79$3,167
Feb 20161535226.472.06$1,123
Jan 20161780627.352.36$2,371
Dec 2015201,06732.362.00$2,783
Nov 20151699638.792.17$2,779
Oct 2015131,25943.552.43$3,621
Sep 2015131,34742.992.76$4,274
Aug 2015141,01640.162.87$3,481
Jul 2015161,00748.152.95$3,736
Jun 2015151,09056.152.88$3,985
May 2015151,25255.212.96$4,528
Apr 2015161,55049.822.71$4,992
Mar 2015211,17042.892.93$4,334
Feb 2015311,24244.662.98$5,081
Jan 2015311,37943.433.10$5,622
Dec 2014311,29454.693.59$6,343
Nov 2014291,26470.464.25$7,418
Oct 2014321,77278.303.90$9,418
Sep 2014242586.164.05$2,169
Aug 20142528389.394.04$3,377
Jul 2014251,25196.564.18$7,643
Jun 20142552698.164.74$4,946
May 2014321,34694.734.73$9,393
Apr 20143082795.944.81$6,855
Mar 20142484395.895.06$6,564
Feb 2014271,20397.406.19$10,079
Jan 2014241,36790.404.86$8,814
Dec 2013261,51391.824.35$8,976
Nov 2013221,14088.853.74$6,216
Oct 2013241,67297.423.78$8,657
Sep 2013201,401104.113.72$7,291
Aug 2013201,517104.253.52$7,429
Jul 2013231,434102.523.72$7,689
Jun 2013201,45194.403.93$7,595
May 2013231,49894.834.15$8,396
Apr 2013481,39493.964.28$10,480
Mar 2013451,37293.623.91$9,581
Feb 2013481,19891.233.42$8,476
Jan 2013651,32391.603.42$10,479
Dec 2012491,41586.773.42$9,091
Nov 2012451,29586.953.62$8,607
Oct 2012491,52389.383.40$9,557
Sep 2012381,83494.672.92$8,950
Aug 20124789492.662.91$6,955
Jul 2012491,42485.133.02$8,473
Jun 2012471,46479.822.52$7,439
May 2012491,60091.612.49$8,470
Apr 2012511,665101.652.00$8,509
Mar 2012651,796105.052.22$10,819
Feb 2012591,891101.102.57$10,825
Jan 2012851,91198.092.73$13,562
Dec 2011851,99396.873.24$14,691
Nov 2011671,83595.723.31$12,489
Oct 20117789484.983.65$9,805
Sep 20116094383.623.99$8,776
Aug 2011931,69083.404.15$14,769
Jul 2011861,57294.144.52$15,197
Jun 2011961,70792.904.64$16,839
May 20111161,77898.134.40$19,215
Apr 2011421,737105.964.33$11,977
Mar 2011451,75196.364.06$11,441
Feb 2011401,76085.644.18$10,782
Jan 2011402,22886.504.59$13,684
Dec 2010342,54685.734.35$13,984
Nov 2010232,66680.843.80$11,978
Oct 2010202,74778.103.51$11,201
Sep 2010191,79572.633.98$8,523
Aug 2010161,83473.684.42$9,284
Jul 2010231,97272.554.74$11,009
Jun 2010192,05170.364.91$11,408
May 2010232,44171.124.24$11,974
Apr 2010282,65681.694.12$13,237
Mar 2010241,61078.394.39$8,947
Feb 2010321,73573.585.44$11,797
Jan 2010303,75474.365.96$24,620
Dec 20092195971.445.48$6,759
Nov 2009212,53374.593.75$11,069
Oct 2009101,42272.544.11$6,570
Sep 20090065.543.06$0
Aug 20096067.423.22$405
Jul 2009211,60661.133.46$6,848
Jun 2009352,25266.163.90$11,087
May 2009472954.743.93$3,081
Apr 2009291,91446.773.59$8,223
Mar 2009252,63242.144.06$11,737
Feb 200922,88432.814.63$13,427
Jan 2009678735.865.37$4,442
Dec 2008232,42337.105.98$15,336
Nov 2008142,49755.496.86$17,907
Oct 2008242,68575.246.92$20,391
Sep 200862,272101.767.88$18,507
Aug 2008182,537114.228.48$23,577
Jul 2008242,861131.0811.39$35,731
Jun 2008182,465131.3313.03$34,489
May 2008172,507123.1711.57$31,111
Apr 2008303,184110.3110.45$36,598
Mar 2008242,691101.909.66$28,452
Feb 2008242,72492.538.77$26,112
Jan 2008233,18790.388.21$28,230
Dec 2007254,04088.337.30$31,708
Nov 2007243,89891.677.29$30,623
Oct 2007233,74682.856.92$27,835
Sep 2007242,74075.846.24$18,929
Aug 2007112,44069.066.39$16,346
Jul 200702,64270.906.39$16,877
Jun 200702,68462.007.55$20,260
May 200702,60258.747.85$20,416
Apr 200703,07659.617.81$24,009
Mar 200783,05456.927.30$22,756
Feb 2007102,86255.108.22$24,065
Jan 2007283,24750.306.73$23,250
Dec 2006283,24556.656.92$24,037
Nov 2006423,19454.207.62$26,607
Oct 2006683,53154.906.01$24,968
Sep 2006103,67360.085.04$19,102
Aug 200603,66568.717.34$26,901
Jul 2006563,84569.376.34$28,273
Jun 2006413,88266.286.38$27,500
May 2006353,94966.016.42$27,683
Apr 200603,71764.397.36$27,359
Mar 200603,77656.707.08$26,745
Feb 200603,88957.597.75$30,144
Jan 200604,11160.598.93$36,725
Dec 200503,63054.9413.42$48,698
Nov 200503,77054.6910.59$39,918
Oct 200504,16958.3413.80$57,515
Sep 200503,95861.4512.08$47,809
Aug 200504,47661.519.80$43,851
Jul 200504,69455.697.84$36,818
Jun 200504,21452.337.38$31,104
May 200505,48845.226.65$36,502
Apr 200506,51649.207.36$47,961
Mar 200507,22350.377.15$51,680

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            70 bbl  × $106.41 =     $7,449
Gas                  869 Mcf  × $  3.05 =     $2,647

────────────────────────────────────────────────────
Month total                                  $10,096

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/225221 is the state's own key, not one this site invented.