REED, TEDDY

Operated by BKV BARNETT, LLC (P-5 72504) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 186573District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Oct 2001 – May 2026
Value, last 12 filed months
$176 k
at the published price for each month
Months reported
296
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

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 Gas112002-03-19146711
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
CondensateDisposition119 bbl$4,485
GasProduction508,390 Mcf$2,399,413
Total$2,403,898

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 33.0900, -97.3998. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.08997, -97.39977 · 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
8,035 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 8,035 ft.

Completions filed
Apr 2025
1 of 1 wells

1 well

42-4973476118,035 ftApr 2025

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 (296)

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

296 months

May 202603,299106.413.05$10,048
Apr 202602,92498.932.87$8,391
Mar 202603,62189.753.15$11,404
Feb 202602,97663.503.75$11,161
Jan 202603,77459.138.00$30,184
Dec 202503,99856.664.41$17,645
Nov 202504,10158.593.93$16,102
Oct 202504,52459.383.30$14,951
Sep 202504,62062.743.08$14,215
Aug 202504,31763.933.01$13,015
Jul 202503,71866.743.32$12,326
Jun 202505,41966.483.13$16,955
May 202502860.553.23$91
Apr 20250062.363.54$0
Mar 2025033767.704.27$1,438
Feb 2025058670.884.34$2,544
Jan 2025018674.324.28$796
Dec 2024016768.993.12$521
Nov 2024021769.052.20$477
Oct 2024028071.372.28$639
Sep 2024039569.612.36$934
Aug 2024047675.632.06$982
Jul 202405879.932.15$125
Jun 202402078.082.63$53
May 2024026978.812.20$591
Apr 2024016284.451.66$269
Mar 2024041980.301.55$647
Feb 2024047676.091.78$849
Jan 2024040773.023.30$1,342
Dec 2023051071.262.61$1,331
Nov 2023057877.892.81$1,623
Oct 2023059485.443.09$1,834
Sep 2023037789.042.74$1,031
Aug 2023042880.522.67$1,144
Jul 2023054674.852.64$1,442
Jun 2023057568.962.26$1,299
May 2023059470.622.23$1,323
Apr 2023060378.122.24$1,349
Mar 2023053672.852.39$1,283
Feb 2023052375.112.47$1,290
Jan 2023065476.533.39$2,216
Dec 2022056276.415.73$3,220
Nov 2022043885.005.65$2,473
Oct 2022059487.185.86$3,483
Sep 2022058184.888.16$4,743
Aug 2022050894.529.13$4,637
Jul 20220395101.587.54$2,979
Jun 20220529115.097.98$4,220
May 20220633109.378.43$5,338
Apr 20220638104.226.84$4,362
Mar 20220675108.885.08$3,427
Feb 2022049091.054.86$2,381
Jan 2022058481.844.54$2,650
Dec 2021061971.323.90$2,414
Nov 2021065077.435.24$3,404
Oct 2021038379.795.71$2,188
Sep 2021020569.865.35$1,097
Aug 2021021666.024.22$912
Jul 2021025570.783.98$1,015
Jun 2021028169.493.38$950
May 2021035463.483.02$1,068
Apr 2021040660.362.76$1,120
Mar 2021039861.302.72$1,081
Feb 2021043757.805.55$2,424
Jan 2021066150.412.81$1,858
Dec 2020073344.642.68$1,961
Nov 2020074438.772.71$2,014
Oct 2020058236.972.48$1,442
Sep 2020054637.091.99$1,087
Aug 2020052439.982.39$1,250
Jul 2020066138.371.83$1,206
Jun 2020068834.901.69$1,163
May 2020072216.921.81$1,310
Apr 2020071514.751.80$1,290
Mar 2020069330.341.86$1,286
Feb 2020064049.881.98$1,268
Jan 2020076257.252.09$1,596
Dec 2019076659.012.30$1,765
Nov 2019070455.302.75$1,936
Oct 2019078753.472.42$1,903
Sep 2019066355.052.66$1,762
Aug 2019077153.112.30$1,777
Jul 2019079356.272.46$1,951
Jun 2019075852.782.49$1,888
May 2019080658.482.74$2,209
Apr 2019077262.632.75$2,124
Mar 2019080956.803.06$2,477
Feb 2019071250.852.79$1,988
Jan 2019076946.033.23$2,482
Dec 2018079846.594.19$3,340
Nov 2018076652.934.24$3,246
Oct 2018086561.443.40$2,939
Sep 2018082559.543.11$2,564
Aug 2018086659.403.07$2,656
Jul 2018089465.142.93$2,621
Jun 2018069160.183.08$2,126
May 2018079265.382.90$2,297
Apr 2018081663.842.90$2,367
Mar 2018082261.222.79$2,291
Feb 2018072761.782.77$2,011
Jan 2018082262.874.01$3,296
Dec 2017082957.272.92$2,422
Nov 2017083455.423.12$2,601
Oct 2017088649.292.98$2,644
Sep 2017078547.523.09$2,424
Aug 2017089845.373.00$2,698
Jul 2017093043.873.09$2,871
Jun 2017087142.493.09$2,689
May 2017091445.373.26$2,983
Apr 2017090647.933.21$2,910
Mar 2017094646.772.98$2,823
Feb 2017087950.452.95$2,595
Jan 2017098349.413.42$3,361
Dec 201601,10148.763.72$4,099
Nov 201601,14442.492.64$3,025
Oct 201601,17846.193.09$3,640
Sep 201601,19341.553.10$3,699
Aug 201601,17341.442.92$3,430
Jul 201601,16741.622.92$3,413
Jun 201601,21645.352.69$3,266
May 201601,22242.521.99$2,433
Apr 201601,11636.561.99$2,222
Mar 201601,14233.011.79$2,049
Feb 201601,11526.472.06$2,301
Jan 201601,01027.352.36$2,388
Dec 2015099132.362.00$1,983
Nov 2015098338.792.17$2,130
Oct 201501,00043.552.43$2,427
Sep 2015097542.992.76$2,689
Aug 201501,02740.162.87$2,950
Jul 201501,03748.152.95$3,054
Jun 2015099656.152.88$2,871
May 201501,05855.212.96$3,127
Apr 201501,01649.822.71$2,750
Mar 201501,01442.892.93$2,976
Feb 2015091744.662.98$2,729
Jan 201501,03843.433.10$3,218
Dec 201401,08854.693.59$3,907
Nov 201401,02370.464.25$4,350
Oct 201401,06578.303.90$4,155
Sep 201401,02286.164.05$4,134
Aug 201401,06989.394.04$4,314
Jul 201401,02396.564.18$4,276
Jun 2014099198.164.74$4,694
May 201401,03294.734.73$4,878
Apr 201401,01795.944.81$4,891
Mar 201401,02295.895.06$5,168
Feb 2014089997.406.19$5,567
Jan 201401,06090.404.86$5,152
Dec 201301,12191.824.35$4,881
Nov 201301,08488.853.74$4,052
Oct 201301,17697.423.78$4,445
Sep 201301,170104.113.72$4,350
Aug 201301,226104.253.52$4,319
Jul 201301,245102.523.72$4,629
Jun 201301,19894.403.93$4,712
May 201301,20094.834.15$4,979
Apr 201301,21993.964.28$5,220
Mar 201301,32193.623.91$5,169
Feb 201301,22291.233.42$4,179
Jan 201301,36991.603.42$4,682
Dec 201201,34286.773.42$4,590
Nov 201201,28686.953.62$4,662
Oct 201201,22889.383.40$4,175
Sep 201201,19694.672.92$3,490
Aug 201201,33192.662.91$3,871
Jul 201201,33185.133.02$4,021
Jun 201201,33979.822.52$3,373
May 201201,48591.612.49$3,695
Apr 201201,450101.652.00$2,895
Mar 201201,540105.052.22$3,422
Feb 201200101.102.57$0
Jan 201201,72398.092.73$4,711
Dec 201101,85096.873.24$5,994
Nov 201101,87195.723.31$6,195
Oct 201102,11184.983.65$7,702
Sep 201102,23983.623.99$8,924
Aug 201102,57483.404.15$10,680
Jul 201103,15294.144.52$14,238
Jun 201105,52092.904.64$25,612
May 2011081398.134.40$3,581
Apr 201101,710105.964.33$7,410
Mar 201101,61396.364.06$6,544
Feb 201101,13585.644.18$4,744
Jan 201101,47886.504.59$6,782
Dec 201001,66985.734.35$7,256
Nov 201001,64780.843.80$6,251
Oct 201001,81678.103.51$6,372
Sep 201001,09772.633.98$4,365
Aug 2010035173.684.42$1,551
Jul 201001,29872.554.74$6,148
Jun 201001,33270.364.91$6,541
May 201001,40971.124.24$5,967
Apr 201001,36181.694.12$5,611
Mar 201001,47678.394.39$6,478
Feb 201001,26073.585.44$6,857
Jan 201001,48074.365.96$8,827
Dec 200901,47871.445.48$8,105
Nov 200901,55474.593.75$5,830
Oct 200901,63872.544.11$6,733
Sep 200901,53065.543.06$4,689
Aug 200901,58367.423.22$5,095
Jul 200901,48461.133.46$5,141
Jun 200901,47066.163.90$5,726
May 200901,55954.743.93$6,120
Apr 200901,48746.773.59$5,335
Mar 200901,53442.144.06$6,227
Feb 200901,41332.814.63$6,546
Jan 200901,66935.865.37$8,964
Dec 200801,71637.105.98$10,257
Nov 200801,60655.496.86$11,018
Oct 200811,61175.246.92$11,227
Sep 200811,506101.767.88$11,965
Aug 200821,686114.228.48$14,531
Jul 200841,693131.0811.39$19,807
Jun 200801,697131.3313.03$22,116
May 200801,865123.1711.57$21,586
Apr 200801,870110.3110.45$19,551
Mar 200802,028101.909.66$19,599
Feb 200802,15392.538.77$18,883
Jan 200802,74490.388.21$22,517
Dec 200703,66188.337.30$26,733
Nov 200701,97591.677.29$14,401
Oct 200702,16482.856.92$14,979
Sep 200702,50775.846.24$15,654
Aug 20070069.066.39$0
Jul 200701,73370.906.39$11,070
Jun 200701,94862.007.55$14,704
May 200702,01258.747.85$15,787
Apr 200702,06759.617.81$16,133
Mar 200701,88056.927.30$13,728
Feb 200701,78655.108.22$14,674
Jan 200702,42550.306.73$16,313
Dec 200602,06756.656.92$14,300
Nov 200602,01054.207.62$15,311
Oct 200602,19654.906.01$13,206
Sep 200602,10060.085.04$10,578
Aug 200602,29068.717.34$16,808
Jul 200602,29269.376.34$14,538
Jun 200602,23566.286.38$14,268
May 200602,38466.016.42$15,317
Apr 200602,28164.397.36$16,789
Mar 200602,27156.707.08$16,085
Feb 200601,84457.597.75$14,293
Jan 200602,17860.598.93$19,457
Dec 200502,26854.9413.42$30,426
Nov 200502,41254.6910.59$25,539
Oct 200502,83658.3413.80$39,125
Sep 200502,19861.4512.08$26,550
Aug 200502,28761.519.80$22,405
Jul 200502,24055.697.84$17,570
Jun 200502,42052.337.38$17,862
May 200502,73245.226.65$18,171
Apr 200502,11149.207.36$15,538
Mar 200502,13250.377.15$15,254
Feb 200502,15145.226.31$13,577
Jan 200502,48743.166.32$15,723
Dec 200402,43539.866.75$16,439
Nov 200402,44845.286.33$15,497
Oct 200402,58949.706.52$16,868
Sep 200402,69843.245.28$14,256
Aug 200402,80142.375.55$15,547
Jul 200403,08938.286.08$18,794
Jun 200402,85536.106.43$18,366
May 200402,54937.486.49$16,555
Apr 200401,67834.475.86$9,831
Mar 200401,71334.365.53$9,473
Feb 200401,98332.455.51$10,926
Jan 20041112,86032.036.30$21,572
Dec 200302,92030.266.30$18,401
Nov 200303,70928.804.60$17,043
Oct 200303,87028.174.76$18,420
Sep 200302,74126.314.75$13,018
Aug 200302,64429.765.13$13,563
Jul 200302,94729.415.17$15,238
Jun 200303,19928.565.98$19,139
May 200303,71526.595.97$22,189
Apr 200303,90226.675.41$21,099
Mar 200304,91231.146.10$29,944
Feb 200303,98933.487.93$31,616
Jan 200304,15130.315.58$23,171
Dec 200204,43326.914.85$21,517
Nov 200204,44124.664.14$18,372
Oct 200204,91326.464.23$20,778
Sep 200205,20527.443.64$18,921
Aug 200205,61925.963.16$17,779
Jul 200206,02624.583.06$18,450
Jun 200206,70723.733.34$22,390
May 200208,38324.663.58$30,045
Apr 200205,60723.653.51$19,694
Mar 200206,64922.003.10$20,630
Feb 200206,25918.222.38$14,869
Jan 200208,02717.172.38$19,070
Dec 2001010,36116.932.36$24,498
Nov 2001013,03318.072.41$31,351
Oct 200103,72319.782.53$9,415

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             0 bbl  × $106.41 =         $0
Gas                3,299 Mcf  × $  3.05 =    $10,048

────────────────────────────────────────────────────
Month total                                  $10,048

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. 09/G/186573 is the state's own key, not one this site invented.