REEVES SL

Operated by TGNR EAST TEXAS II LLC (P-5 102211) in the CARTHAGE, SE (CV) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 271060District 06Field 160393002 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.3 M
May 2013 – May 2026
Value, last 12 filed months
$802 k
at the published price for each month
Months reported
157
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 85 leases and 85 wells, and the rule below applies to all of them.

Discovered
1975-12-28
as the register files it
Field class
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 2014-07-08.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112014-08-20213940
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
CondensateDisposition48,500 bbl$3,564,767
GasProduction5,856,812 Mcf$20,760,985
Total$24,325,753

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 32.0392, -94.1730. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.03919, -94.17296 · 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
8,988 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 8,988 ft.

Completions filed
Sep 2013
1 of 1 wells

1 well

42-365380035H8,988 ftSep 2013

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 (157)

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

157 months

May 202629012,971106.413.05$70,366
Apr 202628213,80798.932.87$67,520
Mar 202627018,18389.753.15$81,499
Feb 202636011,37863.503.75$65,531
Jan 202631213,32159.138.00$124,989
Dec 202530113,71656.664.41$77,588
Nov 20252005,24158.593.93$32,296
Oct 202522013,35659.383.30$57,203
Sep 202518014,52762.743.08$55,992
Aug 202514213,52163.933.01$49,841
Jul 202517214,67266.743.32$60,120
Jun 202520414,63766.483.13$59,357
May 202519515,46560.553.23$61,795
Apr 202515522,21962.363.54$88,390
Mar 202518225,90567.704.27$122,892
Feb 202522512,29170.884.34$69,301
Jan 202531713,66474.324.28$82,023
Dec 202429912,26868.993.12$58,921
Nov 202421115,41469.052.20$48,456
Oct 202432315,58871.372.28$58,615
Sep 202423716,84269.612.36$56,318
Aug 202424120,71175.632.06$60,967
Jul 20242177,52579.932.15$33,498
Jun 202417818,25678.082.63$61,984
May 202424112,42678.812.20$46,311
Apr 202422215,99184.451.66$45,280
Mar 20246813,64080.301.55$26,536
Feb 20247412,75076.091.78$28,372
Jan 20247913,28173.023.30$49,565
Dec 20239613,65071.262.61$42,477
Nov 20237312,79377.892.81$41,603
Oct 20239917,49685.443.09$62,474
Sep 20236617,18889.042.74$52,887
Aug 20235318,12580.522.67$52,714
Jul 20231318,46174.852.64$49,743
Jun 20235418,07168.962.26$44,537
May 20237319,47770.622.23$48,538
Apr 20237618,37478.122.24$47,054
Mar 20236316,47372.852.39$44,012
Feb 20234312,87175.112.47$34,966
Jan 20237318,31176.533.39$67,619
Dec 20229124,11476.415.73$145,104
Nov 20226617,43185.005.65$104,029
Oct 20228218,42387.185.86$115,177
Sep 20228515,38484.888.16$132,805
Aug 202211116,11294.529.13$157,549
Jul 20229818,150101.587.54$146,844
Jun 202210716,746115.097.98$145,901
May 202211619,326109.378.43$175,664
Apr 202212418,976104.226.84$142,674
Mar 202215119,575108.885.08$115,811
Feb 202211417,65391.054.86$96,153
Jan 202210519,40781.844.54$96,656
Dec 202110819,74971.323.90$84,706
Nov 202110718,72777.435.24$106,356
Oct 20218319,36979.795.71$117,295
Sep 20218218,24069.865.35$103,329
Aug 20217718,83666.024.22$84,583
Jul 20218420,06770.783.98$85,854
Jun 20216420,72669.493.38$74,514
May 20216916,73163.483.02$54,869
Apr 20219220,04160.362.76$60,835
Mar 20218820,98561.302.72$62,409
Feb 20218718,44157.805.55$107,338
Jan 20219520,83950.412.81$63,352
Dec 202011121,11844.642.68$61,455
Nov 20208920,08938.772.71$57,823
Oct 202010121,45236.972.48$56,901
Sep 20209521,16837.091.99$45,670
Aug 20209322,03739.982.39$56,279
Jul 20209822,20138.371.83$44,280
Jun 20207722,12534.901.69$40,085
May 20208522,45416.921.81$42,187
Apr 202010620,28314.751.80$38,162
Mar 202012022,42630.341.86$45,269
Feb 202010320,88749.881.98$46,508
Jan 202012522,21757.252.09$53,695
Dec 201915122,45459.012.30$60,653
Nov 201914721,25155.302.75$66,584
Oct 201912822,66053.472.42$61,648
Sep 201911221,77455.052.66$64,025
Aug 201911222,29753.112.30$57,329
Jul 201912725,04556.272.46$68,758
Jun 201914531,58952.782.49$86,348
May 2019916,25258.482.74$22,454
Apr 201913723,36662.632.75$72,853
Mar 201914723,83256.803.06$81,326
Feb 201914922,85450.852.79$71,390
Jan 201915926,06246.033.23$91,452
Dec 201823326,76946.594.19$122,896
Nov 201818628,87852.934.24$132,208
Oct 201817717,37761.443.40$69,923
Sep 201814322,06959.543.11$77,105
Aug 201812323,33359.403.07$78,858
Jul 201818324,91465.142.93$84,965
Jun 201823124,40960.183.08$89,006
May 201819929,42465.382.90$98,364
Apr 201820829,14063.842.90$97,808
Mar 201821931,08061.222.79$100,022
Feb 201817037,41761.782.77$114,003
Jan 201823241,12362.874.01$179,461
Dec 201731638,74157.272.92$131,280
Nov 201728037,55555.423.12$132,628
Oct 201730938,61349.292.98$130,439
Sep 201727934,60647.523.09$120,096
Aug 201728838,22845.373.00$127,919
Jul 201720039,41143.873.09$130,447
Jun 201728838,56842.493.09$131,307
May 201725838,95045.373.26$138,815
Apr 201721138,46647.933.21$133,651
Mar 201725439,22546.772.98$128,914
Feb 201725637,20250.452.95$122,758
Jan 201729742,87049.413.42$161,239
Dec 201628241,93648.763.72$169,871
Nov 201627641,66742.492.64$121,909
Oct 201624843,49246.193.09$145,857
Sep 201621943,81141.553.10$144,941
Aug 201624446,68241.442.92$146,625
Jul 201627947,99041.622.92$151,951
Jun 201619945,72145.352.69$131,823
May 201626646,34942.521.99$103,593
Apr 201627250,78336.561.99$111,055
Mar 201620443,98433.011.79$85,642
Feb 201626848,37726.472.06$106,926
Jan 201634562,36727.352.36$156,894
Dec 201532970,48232.362.00$151,710
Nov 201535565,83138.792.17$156,448
Oct 201534766,44743.552.43$176,351
Sep 201529468,85642.992.76$202,573
Aug 201527875,24540.162.87$227,305
Jul 201530778,01048.152.95$244,528
Jun 201520567,90056.152.88$207,257
May 201518237,66155.212.96$121,353
Apr 201555978,17849.822.71$239,444
Mar 201539473,69942.892.93$233,184
Feb 201549180,32344.662.98$260,985
Jan 201557296,14743.433.10$322,958
Dec 201478095,08554.693.59$384,143
Nov 201476298,83870.464.25$473,934
Oct 20141,18795,29878.303.90$464,696
Sep 20141,09795,25886.164.05$479,878
Aug 20141,603102,63089.394.04$557,417
Jul 20141,650110,96496.564.18$623,109
Jun 20141,29195,17698.164.74$577,562
May 20141,810140,66094.734.73$836,299
Apr 201455832,89595.944.81$211,731
Mar 2014893118,51995.895.06$684,957
Feb 20141,481152,63397.406.19$1,089,353
Jan 20141,728187,36090.404.86$1,066,916
Dec 20132,241207,92891.824.35$1,111,187
Nov 20132,815219,94288.853.74$1,072,318
Oct 20133,163251,81097.423.78$1,259,820
Sep 201321324,713104.113.72$114,052
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$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 2026 — as filed, then multipliedworked
Condensate           290 bbl  × $106.41 =    $30,859
Gas               12,971 Mcf  × $  3.05 =    $39,508

────────────────────────────────────────────────────
Month total                                  $70,366

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/271060 is the state's own key, not one this site invented.