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 91209District 06Field 16032174NGPA filingCondensateGasSaveExport
Value, all time
$2.7 M
Jan 1993 – May 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
377
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
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
CondensateDisposition13,696 bbl$806,073
GasProduction513,591 Mcf$1,914,788
Total$2,720,860

86,505 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.1172, -94.4830. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11723, -94.48304 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,700 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
1100.0%
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.
00.0%

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 9,700 ft.

Completions filed
Sep 2021
1 of 1 wells

1 well

42-3653112519,700 ftSep 2021Yes

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 (377)

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

377 months

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 2021197069.865.35$13,762
Aug 2021047166.024.22$1,988
Jul 2021031470.783.98$1,250
Jun 2021027569.493.38$930
May 202102,86763.483.02$8,652
Apr 2021021660.362.76$596
Mar 202118218361.302.72$11,654
Feb 2021019757.805.55$1,093
Jan 2021018250.412.81$511
Dec 2020021644.642.68$578
Nov 2020025238.772.71$682
Oct 202017839936.972.48$7,570
Sep 2020060837.091.99$1,211
Aug 2020084039.982.39$2,003
Jul 2020090138.371.83$1,644
Jun 202001,56934.901.69$2,652
May 202001,55316.921.81$2,818
Apr 202001,17814.751.80$2,126
Mar 202001,52630.341.86$2,833
Feb 2020089749.881.98$1,777
Jan 2020060857.252.09$1,274
Dec 2019083859.012.30$1,931
Nov 2019079755.302.75$2,192
Oct 201901,06053.472.42$2,564
Sep 201901,28055.052.66$3,401
Aug 201901,37153.112.30$3,159
Jul 201917168056.272.46$11,295
Jun 2019079152.782.49$1,971
May 201901,24358.482.74$3,406
Apr 2019045762.632.75$1,257
Mar 201917596656.803.06$12,898
Feb 201911160950.852.79$7,345
Jan 2019040046.033.23$1,291
Dec 201815388446.594.19$10,828
Nov 2018099352.934.24$4,208
Oct 201801,33361.443.40$4,530
Sep 201801,69259.543.11$5,259
Aug 201801,75659.403.07$5,385
Jul 2018962,13165.142.93$12,501
Jun 20181621,89760.183.08$15,586
May 201801,86765.382.90$5,416
Apr 201801,85163.842.90$5,369
Mar 201803,65361.222.79$10,180
Feb 20181813,36661.782.77$20,493
Jan 2018096362.874.01$3,861
Dec 2017096357.272.92$2,813
Nov 20171881,00955.423.12$13,565
Oct 201701,34649.292.98$4,016
Sep 201701,35247.523.09$4,174
Aug 201701,36345.373.00$4,095
Jul 201701,39443.873.09$4,304
Jun 201701,32542.493.09$4,091
May 20171891,22645.373.26$12,576
Apr 201701,23647.933.21$3,970
Mar 201701,52146.772.98$4,538
Feb 20171551,30150.452.95$11,661
Jan 201701,40449.413.42$4,800
Dec 201606148.763.72$227
Nov 20161901,37942.492.64$11,720
Oct 20161791,45646.193.09$12,767
Sep 201601,40541.553.10$4,356
Aug 201601,38341.442.92$4,044
Jul 201601,39041.622.92$4,065
Jun 20163791,37745.352.69$20,886
May 201601,21442.521.99$2,417
Apr 2016078236.561.99$1,557
Mar 201617186633.011.79$7,198
Feb 2016076026.472.06$1,568
Jan 201618791427.352.36$7,275
Dec 201516195132.362.00$7,113
Nov 20151911,39138.792.17$10,424
Oct 201501,48543.552.43$3,603
Sep 201501,45342.992.76$4,008
Aug 201501,44040.162.87$4,136
Jul 201501,45548.152.95$4,285
Jun 201501,38656.152.88$3,996
May 20151271,50555.212.96$11,460
Apr 201501,48749.822.71$4,025
Mar 20151801,58142.892.93$12,360
Feb 201501,05644.662.98$3,143
Jan 20151961,29443.433.10$12,525
Dec 201401,17354.693.59$4,213
Nov 2014085970.464.25$3,652
Oct 201401,43678.303.90$5,602
Sep 201401,53186.164.05$6,194
Aug 20141431,57589.394.04$19,138
Jul 201401,66396.564.18$6,951
Jun 201401,63798.164.74$7,754
May 201401,46294.734.73$6,910
Apr 201401,08095.944.81$5,194
Mar 20141731,22595.895.06$22,784
Feb 2014091397.406.19$5,653
Jan 201401,30390.404.86$6,334
Dec 201301,24791.824.35$5,430
Nov 20131911,03088.853.74$20,821
Oct 20131791,23997.423.78$22,121
Sep 201301,155104.113.72$4,294
Aug 201301,234104.253.52$4,347
Jul 201301,359102.523.72$5,052
Jun 201301,35194.403.93$5,314
May 201301,30994.834.15$5,431
Apr 20131701,29393.964.28$21,511
Mar 201301,29093.623.91$5,048
Feb 201311,11191.233.42$3,891
Jan 201311,24391.603.42$4,343
Dec 20121501,31286.773.42$17,503
Nov 201201,26186.953.62$4,571
Oct 2012911,30889.383.40$12,580
Sep 201211,27394.672.92$3,810
Aug 20121751,35392.662.91$20,150
Jul 201201,37585.133.02$4,154
Jun 201201,39979.822.52$3,524
May 2012941,49491.612.49$12,329
Apr 201201,621101.652.00$3,237
Mar 201201,411105.052.22$3,135
Feb 201211,550101.102.57$4,085
Jan 20121221,61298.092.73$16,374
Dec 20112001,61496.873.24$24,603
Nov 201111,62795.723.31$5,483
Oct 20111591,86084.983.65$20,298
Sep 201111,85683.623.99$7,481
Aug 20111611,55683.404.15$19,884
Jul 201101,61494.144.52$7,291
Jun 20111721,60492.904.64$23,421
May 201101,78398.134.40$7,854
Apr 20111782,068105.964.33$27,822
Mar 20111882,15196.364.06$26,843
Feb 201101,71685.644.18$7,173
Jan 201111,89086.504.59$8,759
Dec 20101982,02985.734.35$25,796
Nov 201001,74780.843.80$6,630
Oct 20101592,18878.103.51$20,095
Sep 20101891,88572.633.98$21,228
Aug 201041,45373.684.42$6,716
Jul 20101961,76272.554.74$22,566
Jun 201011,83070.364.91$9,056
May 201001,94271.124.24$8,225
Apr 201051,74981.694.12$7,619
Mar 201002,02378.394.39$8,878
Feb 201001,99273.585.44$10,841
Jan 201001,40274.365.96$8,362
Dec 200901,48571.445.48$8,143
Nov 200901,72674.593.75$6,475
Oct 200902,26472.544.11$9,306
Sep 200902,35065.543.06$7,202
Aug 200902,20567.423.22$7,097
Jul 2009032761.133.46$1,133
Jun 200923,74966.163.90$14,735
May 200905,17554.743.93$20,316
Apr 200902,89946.773.59$10,400
Mar 20090042.144.06$0
Feb 200901132.814.63$51
Jan 200932,25035.865.37$12,192
Dec 200832,36937.105.98$14,271
Nov 200842,30055.496.86$16,001
Oct 200812,76075.246.92$19,180
Sep 20081782,093101.767.88$34,600
Aug 200841,580114.228.48$13,860
Jul 2008163263131.0811.39$24,361
Jun 2008181492131.3313.03$30,183
May 2008367805123.1711.57$54,521
Apr 200801,141110.3110.45$11,929
Mar 20081571,000101.909.66$25,662
Feb 20081651,29892.538.77$26,652
Jan 20081932,10890.388.21$34,741
Dec 20073592,22688.337.30$47,965
Nov 200701,84991.677.29$13,482
Oct 200701,28882.856.92$8,916
Sep 20071812,20775.846.24$27,508
Aug 200702,32669.066.39$14,858
Jul 200702,32870.906.39$14,871
Jun 2007097762.007.55$7,375
May 200701,51658.747.85$11,895
Apr 200702,49059.617.81$19,435
Mar 200701,60256.927.30$11,698
Feb 200701,82355.108.22$14,978
Jan 200702,46250.306.73$16,562
Dec 200601,19756.656.92$8,281
Nov 20061651,87954.207.62$23,256
Oct 200602,39054.906.01$14,373
Sep 200601,72160.085.04$8,669
Aug 200601,20568.717.34$8,845
Jul 200617979269.376.34$17,441
Jun 200601,02766.286.38$6,556
May 200601,65066.016.42$10,601
Apr 200601,85764.397.36$13,668
Mar 2006098556.707.08$6,977
Feb 200601,66957.597.75$12,937
Jan 200611,80360.598.93$16,167
Dec 200532,14054.9413.42$28,874
Nov 200502,61854.6910.59$27,720
Oct 20051761,93058.3413.80$36,894
Sep 200502,06061.4512.08$24,883
Aug 200502,33661.519.80$22,885
Jul 200522,45055.697.84$19,328
Jun 200522,22452.337.38$16,520
May 200512,28745.226.65$15,256
Apr 2005346949.207.36$3,600
Mar 200511,98550.377.15$14,253
Feb 2005182545.226.31$5,253
Jan 20051881,72243.166.32$19,001
Dec 200413,65939.866.75$24,742
Nov 2004386445.286.33$5,605
Oct 200411,03449.706.52$6,786
Sep 200411,26443.245.28$6,722
Aug 200441,65742.375.55$9,367
Jul 200421,66238.286.08$10,188
Jun 200441,65936.106.43$10,817
May 200412,67637.486.49$17,417
Apr 2004121,96034.475.86$11,896
Mar 2004102,90734.365.53$16,420
Feb 200432,50432.455.51$13,893
Jan 200442,55032.036.30$16,192
Dec 200322,90630.266.30$18,373
Nov 200302,76728.804.60$12,715
Oct 200332,80628.174.76$13,440
Sep 200322,76026.314.75$13,161
Aug 20031752,55329.765.13$18,304
Jul 200311,70029.415.17$8,820
Jun 200321,92928.565.98$11,598
May 200311,46126.595.97$8,753
Apr 200301,72526.675.41$9,328
Mar 200301,98931.146.10$12,125
Feb 200311,04933.487.93$8,348
Jan 20031811,06030.315.58$11,403
Dec 200241,40126.914.85$6,908
Nov 200221,27624.664.14$5,328
Oct 200221,99126.464.23$8,473
Sep 200211,93127.443.64$7,047
Aug 200211,54525.963.16$4,915
Jul 200201,60324.583.06$4,908
Jun 200201,80323.733.34$6,019
May 200201,82524.663.58$6,541
Apr 200201,78923.653.51$6,284
Mar 20023341,75222.003.10$12,784
Feb 200201,77418.222.38$4,214
Jan 200201,76317.172.38$4,188
Dec 200101,96616.932.36$4,648
Nov 200101,75318.072.41$4,217
Oct 200101,87919.782.53$4,752
Sep 200101,94724.262.25$4,383
Aug 200102,06224.873.05$6,296
Jul 200102,71523.933.20$8,680
Jun 20011563,22224.563.82$16,153
May 200101,70225.524.31$7,331
Apr 2001054024.685.34$2,881
Mar 2001067324.545.38$3,618
Feb 2001056527.755.77$3,258
Jan 2001027427.478.40$2,301
Dec 2000059626.889.12$5,437
Nov 2000059832.215.66$3,383
Oct 2000044631.235.15$2,295
Sep 2000042831.875.19$2,220
Aug 2000164829.644.54$2,972
Jul 2000057228.534.09$2,339
Jun 2000039129.304.40$1,719
May 2000050327.263.68$1,851
Apr 2000031124.513.12$969
Mar 2000031828.422.86$909
Feb 2000041927.622.73$1,142
Jan 2000340625.272.48$1,083
Dec 19991892,18324.282.42$9,880
Nov 199901,11723.192.43$2,719
Oct 199931,98920.982.80$5,640
Sep 199921,12721.752.62$2,995
Aug 1999062419.262.88$1,794
Jul 1999069817.892.37$1,656
Jun 1999471515.942.36$1,753
May 1999068915.792.32$1,599
Apr 1999018815.102.21$415
Mar 1999039412.471.84$724
Feb 19991645409.981.82$2,618
Jan 199901210.381.90$23
Dec 199818759.201.77$1,561
Nov 199801,08710.892.19$2,376
Oct 199831,55012.421.97$3,090
Sep 1998178512.592.08$1,647
Aug 1998187611.301.91$1,682
Jul 199816565311.742.24$3,398
Jun 1998176111.242.24$1,714
May 1998292512.622.21$2,066
Apr 1998097113.042.51$2,433
Mar 19981781,28112.802.31$5,237
Feb 199811,19313.952.30$2,757
Jan 199811,37914.702.15$2,986
Dec 199701,20716.322.41$2,910
Nov 199701,51218.193.09$4,669
Oct 199701,23519.253.15$3,890
Sep 199701,96817.742.95$5,815
Aug 19971882,15417.862.55$8,861
Jul 199701,90917.582.25$4,289
Jun 199701,43817.242.26$3,246
May 1997092818.972.31$2,142
Apr 1997271,70817.882.08$4,040
Mar 199782,07318.951.94$4,171
Feb 19971982,10220.492.21$8,694
Jan 1997071823.483.54$2,542
Dec 199631,37523.32$70
Nov 199631,85521.97$66
Oct 199611,69323.31$23
Sep 199642,13822.22$89
Aug 199621,99820.26$41
Jul 199622,23819.55$39
Jun 19961881,80418.73$3,521
May 199632,15919.43$58
Apr 199622,05021.51$43
Mar 199612,23119.38$19
Feb 19961951,53016.98$3,311
Jan 199621,62417.07$34
Dec 199522,60817.19$34
Nov 199512,19816.00$16
Oct 199532,08315.43$46
Sep 199522,29116.18$32
Aug 199511,08215.92$16
Jul 19951271,72215.24$1,935
Jun 199512,16116.41$16
May 1995096417.56$0
Apr 1995295617.73$35
Mar 19952071,16216.44$3,403
Feb 199532,19816.58$50
Jan 19950915.92$0
Dec 199411,99315.03$15
Nov 19941941,96915.90$3,085
Oct 199412,61015.58$16
Sep 199412,33715.29$15
Aug 199422,94716.13$32
Jul 199402,88717.56$0
Jun 199401,37317.09$0
May 199401,00715.88$0
Apr 199401,09614.14$0
Mar 199401,06012.46$0
Feb 19942151,34112.50$2,688
Jan 199401,23412.66$0
Dec 1993097512.33$0
Nov 199301,01914.49$0
Oct 1993087015.85$0
Sep 19931952,79415.03$2,931
Aug 199303,39515.66$0
Jul 199302,76215.46$0
Jun 199302,46716.79$0
May 199301,40017.68$0
Apr 199301,79918.05$0
Mar 19931902,75518.14$3,447
Feb 1993055317.90$0
Jan 199301,73316.93$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.

Sep 2021 — as filed, then multipliedworked
Condensate           197 bbl  × $ 69.86 =    $13,762
Gas                    0 Mcf  × $  5.35 =         $0

────────────────────────────────────────────────────
Month total                                  $13,762

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/91209 is the state's own key, not one this site invented.