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 226141District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Jan 2007 – May 2026
Value, last 12 filed months
$113 k
at the published price for each month
Months reported
233
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 Gas112007-05-29174511
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
CondensateDisposition9,339 bbl$680,833
GasProduction1,206,094 Mcf$5,835,289
Total$6,516,121

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 32.1144, -94.4785. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11437, -94.47847 · 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
10,015 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 10,015 ft.

Completions filed
Jan 2007
1 of 1 wells

1 well

42-36536365510,015 ftJan 2007

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 (233)

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

233 months

May 202611,624106.413.05$5,053
Apr 202642,18998.932.87$6,678
Mar 202602,11489.753.15$6,658
Feb 202602,51063.503.75$9,413
Jan 202622,49759.138.00$20,089
Dec 20251742,07856.664.41$19,030
Nov 202502,56758.593.93$10,079
Oct 202502,61959.383.30$8,655
Sep 202502,79162.743.08$8,588
Aug 202503,20163.933.01$9,650
Jul 202502,33466.743.32$7,738
Jun 2025052166.483.13$1,630
May 2025057160.553.23$1,846
Apr 2025067562.363.54$2,392
Mar 2025098867.704.27$4,217
Feb 20250070.884.34$0
Jan 2025040674.324.28$1,737
Dec 2024097868.993.12$3,053
Nov 202401,06969.052.20$2,350
Oct 202401,94571.372.28$4,437
Sep 202402,70769.612.36$6,400
Aug 20241743,03775.632.06$19,427
Jul 202401,57179.932.15$3,372
Jun 202422,65978.082.63$7,160
May 202432,80378.812.20$6,399
Apr 202432,74784.451.66$4,811
Mar 202442,86880.301.55$4,753
Feb 202402,66876.091.78$4,759
Jan 202402,90873.023.30$9,590
Dec 202302,94271.262.61$7,681
Nov 20231903,16077.892.81$23,671
Oct 202343,14385.443.09$10,045
Sep 202333,25589.042.74$9,170
Aug 202303,86180.522.67$10,320
Jul 202301,41774.852.64$3,743
Jun 202301,59768.962.26$3,607
May 202301,61870.622.23$3,604
Apr 202301,37078.122.24$3,066
Mar 202302,12072.852.39$5,074
Feb 202301,43075.112.47$3,526
Jan 202302,00276.533.39$6,782
Dec 20221852,01576.415.73$25,680
Nov 202201,67585.005.65$9,457
Oct 202202,68687.185.86$15,750
Sep 202212,26484.888.16$18,567
Aug 202213,25194.529.13$29,767
Jul 202233,580101.587.54$27,305
Jun 202205,284115.097.98$42,152
May 202245,136109.378.43$43,750
Apr 202202,194104.226.84$15,002
Mar 202203,676108.885.08$18,661
Feb 2022044191.054.86$2,143
Jan 20221923,31281.844.54$30,742
Dec 202103,40571.323.90$13,277
Nov 202103,66177.435.24$19,172
Oct 202103,02579.795.71$17,284
Sep 202103,77869.865.35$20,216
Aug 202102,03466.024.22$8,585
Jul 202102,38470.783.98$9,493
Jun 202102,37369.493.38$8,022
May 202102,40663.483.02$7,261
Apr 202103,46360.362.76$9,552
Mar 20211801,12261.302.72$14,082
Feb 202101,70757.805.55$9,470
Jan 202102,87850.412.81$8,088
Dec 202003,22944.642.68$8,639
Nov 202001,94738.772.71$5,270
Oct 202002,91236.972.48$7,217
Sep 202002,85837.091.99$5,690
Aug 202002,96039.982.39$7,060
Jul 20201852,96538.371.83$12,510
Jun 202002,95234.901.69$4,990
May 202002,66216.921.81$4,831
Apr 202002,57614.751.80$4,648
Mar 202002,40230.341.86$4,459
Feb 202002,41249.881.98$4,777
Jan 202002,99557.252.09$6,274
Dec 201903,79559.012.30$8,745
Nov 201903,89855.302.75$10,722
Oct 201903,77453.472.42$9,128
Sep 20191443,74955.052.66$17,889
Aug 201904,01653.112.30$9,254
Jul 201904,08656.272.46$10,052
Jun 201903,56152.782.49$8,871
May 201902,62958.482.74$7,204
Apr 201903,23962.632.75$8,910
Mar 2019573,39956.803.06$13,646
Feb 201902,85250.852.79$7,963
Jan 201903,58046.033.23$11,557
Dec 20181433,40146.594.19$20,897
Nov 201803,51052.934.24$14,873
Oct 201803,58861.443.40$12,192
Sep 201803,42359.543.11$10,639
Aug 201803,50359.403.07$10,742
Jul 201802,88365.142.93$8,453
Jun 20181782,90460.183.08$19,647
May 201802,92365.382.90$8,479
Apr 201802,93163.842.90$8,502
Mar 201802,75361.222.79$7,672
Feb 201802,51461.782.77$6,954
Jan 201803,17762.874.01$12,738
Dec 201703,24157.272.92$9,469
Nov 20171582,91455.423.12$17,843
Oct 201703,14049.292.98$9,369
Sep 201703,01147.523.09$9,296
Aug 201703,14245.373.00$9,440
Jul 201703,21543.873.09$9,926
Jun 20171882,96142.493.09$17,130
May 201703,21645.373.26$10,495
Apr 201702,60747.933.21$8,373
Mar 201703,26746.772.98$9,748
Feb 201702,84250.452.95$8,391
Jan 201702,81049.413.42$9,607
Dec 201602148.763.72$78
Nov 201603,67342.492.64$9,713
Oct 201603,96246.193.09$12,244
Sep 201603,80541.553.10$11,798
Aug 20161863,92741.442.92$19,192
Jul 201604,11341.622.92$12,028
Jun 201603,16945.352.69$8,511
May 201603,96542.521.99$7,894
Apr 201603,83536.561.99$7,636
Mar 201603,77833.011.79$6,778
Feb 20161913,74526.472.06$12,784
Jan 201604,06027.352.36$9,599
Dec 201504,01432.362.00$8,034
Nov 201503,93338.792.17$8,524
Oct 201504,20343.552.43$10,199
Sep 201503,86742.992.76$10,667
Aug 201504,21240.162.87$12,099
Jul 2015944,54048.152.95$17,897
Jun 201504,55456.152.88$13,129
May 2015544,61555.212.96$16,621
Apr 201504,04149.822.71$10,937
Mar 201504,69842.892.93$13,787
Feb 201503,93044.662.98$11,696
Jan 201504,36243.433.10$13,525
Dec 20141784,88454.693.59$27,275
Nov 201404,34670.464.25$18,479
Oct 201404,20078.303.90$16,384
Sep 201403,96886.164.05$16,052
Aug 201404,47089.394.04$18,037
Jul 201404,54196.564.18$18,980
Jun 201403,98198.164.74$18,858
May 201404,23294.734.73$20,003
Apr 20141874,47095.944.81$39,438
Mar 201404,65095.895.06$23,514
Feb 201403,38997.406.19$20,985
Jan 201405,30190.404.86$25,767
Dec 20131854,90991.824.35$38,363
Nov 201304,54488.853.74$16,987
Oct 201305,03397.423.78$19,022
Sep 201304,964104.113.72$18,455
Aug 201305,524104.253.52$19,459
Jul 201306,194102.523.72$23,028
Jun 201303,79994.403.93$14,943
May 201305,44094.834.15$22,571
Apr 201305,74993.964.28$24,621
Mar 20131586,41793.623.91$39,901
Feb 201315,21791.233.42$17,933
Jan 201316,14991.603.42$21,121
Dec 201227,33986.773.42$25,274
Nov 201227,46286.953.62$27,223
Oct 20121066,45789.383.40$31,426
Sep 201216,56894.672.92$19,263
Aug 201227,40692.662.91$21,723
Jul 201237,33685.133.02$22,416
Jun 20121746,76379.822.52$30,925
May 201236,99391.612.49$17,676
Apr 201216,958101.652.00$13,995
Mar 201216,468105.052.22$14,477
Feb 2012786,502101.102.57$24,598
Jan 2012787,13798.092.73$27,164
Dec 201137,42396.873.24$24,339
Nov 201137,41295.723.31$24,830
Oct 201107,14184.983.65$26,054
Sep 20111077,78383.623.99$39,969
Aug 201146,72183.404.15$28,221
Jul 201116,92594.144.52$31,376
Jun 201107,34392.904.64$34,071
May 20111828,10498.134.40$53,556
Apr 201138,027105.964.33$35,101
Mar 20111928,81796.364.06$54,275
Feb 201158,08885.644.18$34,236
Jan 201128,87986.504.59$40,917
Dec 201027,06485.734.35$30,884
Nov 20101949,09680.843.80$50,205
Oct 201018,32378.103.51$29,283
Sep 201018,22572.633.98$32,804
Aug 201017,23473.684.42$32,043
Jul 20102777,47072.554.74$55,478
Jun 201006,48770.364.91$31,854
May 201017,45771.124.24$31,653
Apr 20101807,30981.694.12$44,837
Mar 201028,58578.394.39$37,834
Feb 201028,61073.585.44$47,006
Jan 20101947,26374.365.96$57,743
Dec 200907,51171.445.48$41,188
Nov 200908,25074.593.75$30,950
Oct 20091888,53072.544.11$48,698
Sep 200938,01465.543.06$24,758
Aug 200928,53967.423.22$27,618
Jul 200909,21161.133.46$31,912
Jun 20091789,19166.163.90$47,575
May 200918014,86354.743.93$68,202
Apr 200901,89046.773.59$6,780
Mar 20090042.144.06$0
Feb 2009015232.814.63$704
Jan 200959,08335.865.37$48,964
Dec 20081739,42437.105.98$62,747
Nov 200829,32555.496.86$64,084
Oct 200817910,10675.246.92$83,421
Sep 200808,483101.767.88$66,821
Aug 20081859,645114.228.48$102,949
Jul 2008110,851131.0811.39$123,718
Jun 20081684,286131.3313.03$77,921
May 2008011,261123.1711.57$130,338
Apr 200817111,508110.3110.45$139,178
Mar 200816912,661101.909.66$139,578
Feb 2008012,51492.538.77$109,755
Jan 200817413,92390.388.21$129,975
Dec 200717915,12888.337.30$126,275
Nov 200717414,34991.677.29$120,579
Oct 200717612,21682.856.92$99,141
Sep 200717812,68975.846.24$92,732
Aug 200734015,21269.066.39$120,654
Jul 200717616,21170.906.39$116,033
Jun 200736516,77562.007.55$149,255
May 200737318,23858.747.85$165,010
Apr 200737420,47359.617.81$182,090
Mar 2007026,25256.927.30$191,691
Feb 2007030,82355.108.22$253,242
Jan 2007017,30550.306.73$116,408

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                1,624 Mcf  × $  3.05 =     $4,946

────────────────────────────────────────────────────
Month total                                   $5,053

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/226141 is the state's own key, not one this site invented.