REEVES GU

Operated by CRATON OPERATING LLC (P-5 186717) 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 226178District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Dec 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
234
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 Gas112007-06-25174561
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
CondensateDisposition3,937 bbl$323,649
GasProduction212,714 Mcf$1,369,172
Total$1,692,821

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 32.3176, -94.1712. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.31762, -94.17122 · 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
10,057 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 10,057 ft.

Completions filed
Dec 2006
1 of 1 wells

1 well

42-36536400210,057 ftDec 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 (234)

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

234 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019124058.482.74$7,252
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016011442.521.99$227
Apr 2016011336.561.99$225
Mar 2016021333.011.79$382
Feb 201603426.472.06$70
Jan 2016023527.352.36$556
Dec 201517112532.362.00$5,784
Nov 2015018238.792.17$394
Oct 2015022343.552.43$541
Sep 201518129042.992.76$8,581
Aug 2015031940.162.87$916
Jul 2015038448.152.95$1,131
Jun 2015018356.152.88$528
May 2015021855.212.96$644
Apr 201517621149.822.71$9,339
Mar 2015040642.892.93$1,191
Feb 2015040244.662.98$1,196
Jan 2015050143.433.10$1,553
Dec 2014032754.693.59$1,174
Nov 2014036070.464.25$1,531
Oct 201417531978.303.90$14,947
Sep 2014044886.164.05$1,812
Aug 2014048089.394.04$1,937
Jul 2014029996.564.18$1,250
Jun 2014040198.164.74$1,899
May 201417434494.734.73$18,109
Apr 2014039595.944.81$1,900
Mar 2014035995.895.06$1,815
Feb 2014040397.406.19$2,495
Jan 2014056090.404.86$2,722
Dec 201314747091.824.35$15,544
Nov 2013041988.853.74$1,566
Oct 2013036597.423.78$1,379
Sep 20130648104.113.72$2,409
Aug 20130692104.253.52$2,438
Jul 2013175644102.523.72$20,335
Jun 2013050894.403.93$1,998
May 2013058194.834.15$2,411
Apr 2013069093.964.28$2,955
Mar 2013075893.623.91$2,966
Feb 201314785491.233.42$16,331
Jan 2013079291.603.42$2,709
Dec 2012483186.773.42$3,189
Nov 2012097186.953.62$3,520
Oct 2012055589.383.40$1,887
Sep 201201,19994.672.92$3,499
Aug 201201,21892.662.91$3,542
Jul 201201,47885.133.02$4,465
Jun 201201,44479.822.52$3,637
May 201241,36891.612.49$3,770
Apr 201201,321101.652.00$2,638
Mar 201201,206105.052.22$2,680
Feb 201201,441101.102.57$3,704
Jan 201201,56498.092.73$4,276
Dec 201101,78996.873.24$5,796
Nov 201101,86995.723.31$6,189
Oct 201101,99384.983.65$7,272
Sep 201101,65483.623.99$6,593
Aug 201101,44083.404.15$5,975
Jul 201101,26794.144.52$5,723
Jun 201101,46392.904.64$6,788
May 201101,56998.134.40$6,911
Apr 201101,444105.964.33$6,257
Mar 201141,94896.364.06$8,289
Feb 201101,59285.644.18$6,655
Jan 201101,48286.504.59$6,801
Dec 201001,55185.734.35$6,743
Nov 201001,19380.843.80$4,528
Oct 201001,06278.103.51$3,726
Sep 2010068972.633.98$2,742
Aug 2010065773.684.42$2,904
Jul 2010091772.554.74$4,343
Jun 2010024370.364.91$1,193
May 2010061771.124.24$2,613
Apr 2010075781.694.12$3,121
Mar 2010082878.394.39$3,634
Feb 2010080673.585.44$4,387
Jan 2010078874.365.96$4,700
Dec 2009095071.445.48$5,210
Nov 200901,12874.593.75$4,232
Oct 200901,34872.544.11$5,541
Sep 200911,64165.543.06$5,095
Aug 200901,58767.423.22$5,108
Jul 200901,71761.133.46$5,949
Jun 200901,75266.163.90$6,824
May 200901,81754.743.93$7,133
Apr 200901,68146.773.59$6,031
Mar 200901,79042.144.06$7,266
Feb 20091892332.814.63$4,867
Jan 2009851,72735.865.37$12,324
Dec 20081541,54237.105.98$14,930
Nov 20081431,90855.496.86$21,025
Oct 20081132,72975.246.92$27,392
Sep 20082002,107101.767.88$36,949
Aug 20081812,611114.228.48$42,823
Jul 200802,765131.0811.39$31,492
Jun 20088403,748131.3313.03$159,164
May 200804,946123.1711.57$57,246
Apr 200804,912110.3110.45$51,354
Mar 200805,515101.909.66$53,297
Feb 200805,00292.538.77$43,870
Jan 200805,54490.388.21$45,493
Dec 200705,81688.337.30$42,468
Nov 200705,84191.677.29$42,591
Oct 200706,04482.856.92$41,836
Sep 200705,50275.846.24$34,355
Aug 200706,00969.066.39$38,385
Jul 200706,28270.906.39$40,129
Jun 200706,01262.007.55$45,381
May 20071807,28558.747.85$67,733
Apr 200708,08759.617.81$63,121
Mar 200736010,73956.927.30$98,907
Feb 200718014,32055.108.22$127,571
Jan 200708,90450.306.73$59,896
Dec 20060056.656.92$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 2019 — as filed, then multipliedworked
Condensate           124 bbl  × $ 58.48 =     $7,252
Gas                    0 Mcf  × $  2.74 =         $0

────────────────────────────────────────────────────
Month total                                   $7,252

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/226178 is the state's own key, not one this site invented.