REED

Operated by UNBRIDLED RESOURCES, LLC (P-5 875461) in the STILES RANCH (GRANITE WASH CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 208971District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.1 M
Dec 2004 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
258
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 906 leases and 906 wells, and the rule below applies to all of them.

Discovered
2008-06-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-10-11.

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 Gas112005-12-22161944
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
CondensateDisposition19,677 bbl$1,288,081
GasProduction836,451 Mcf$4,782,694
Total$6,070,775

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 35.4432, -100.0163. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.44322, -100.01628 · 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
14,400 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 14,400 ft.

Completions filed
Dec 2004
1 of 1 wells

1 well

42-48331757107014,400 ftDec 2004

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 (258)

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

258 months

May 20260336106.413.05$1,023
Apr 2026033098.932.87$947
Mar 2026038289.753.15$1,203
Feb 2026047163.503.75$1,766
Jan 2026046759.138.00$3,735
Dec 2025046656.664.41$2,057
Nov 2025047058.593.93$1,845
Oct 2025049659.383.30$1,639
Sep 2025048562.743.08$1,492
Aug 2025049563.933.01$1,492
Jul 2025061266.743.32$2,029
Jun 2025072266.483.13$2,259
May 2025087460.553.23$2,825
Apr 202501,13762.363.54$4,029
Mar 2025581,52567.704.27$10,436
Feb 20251011,13570.884.34$12,086
Jan 202501,11674.324.28$4,775
Dec 20240068.993.12$0
Nov 2024085369.052.20$1,875
Oct 202401,10671.372.28$2,523
Sep 2024092469.612.36$2,185
Aug 2024441,04175.632.06$5,476
Jul 202401,15979.932.15$2,488
Jun 202401,13678.082.63$2,992
May 202401,20478.812.20$2,647
Apr 20241001,16984.451.66$10,385
Mar 20241001,75580.301.55$10,742
Feb 2024072876.091.78$1,298
Jan 2024079073.023.30$2,605
Dec 202301,06971.262.61$2,791
Nov 2023062577.892.81$1,755
Oct 202301,07785.443.09$3,325
Sep 20231221,11789.042.74$13,918
Aug 202301,29880.522.67$3,469
Jul 202301,72274.852.64$4,549
Jun 2023088568.962.26$1,999
May 20230070.622.23$0
Apr 202318387978.122.24$16,263
Mar 202301,23272.852.39$2,948
Feb 202301,27875.112.47$3,151
Jan 202301,16376.533.39$3,940
Dec 202201,66876.415.73$9,556
Nov 20221951,40085.005.65$24,480
Oct 202201,26087.185.86$7,388
Sep 202201,21484.888.16$9,911
Aug 202201,31994.529.13$12,039
Jul 202201,365101.587.54$10,295
Jun 20221800115.097.98$20,716
May 202201,650109.378.43$13,915
Apr 202202,979104.226.84$20,369
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 202104471.323.90$172
Nov 20211914477.435.24$15,020
Oct 202101,33979.795.71$7,651
Sep 202101,26469.865.35$6,764
Aug 202101,28366.024.22$5,415
Jul 202101,35370.783.98$5,388
Jun 202101,33169.493.38$4,500
May 202101,28563.483.02$3,878
Apr 202101,20060.362.76$3,310
Mar 202101,39161.302.72$3,779
Feb 2021090757.805.55$5,032
Jan 20211501,38750.412.81$11,459
Dec 202001,48344.642.68$3,968
Nov 202047177638.772.71$20,361
Oct 2020098736.972.48$2,446
Sep 202001,07437.091.99$2,138
Aug 202001,25339.982.39$2,989
Jul 20201111,18638.371.83$6,424
Jun 202001,06734.901.69$1,804
May 202001,25316.921.81$2,274
Apr 202001,07214.751.80$1,934
Mar 202001,21630.341.86$2,257
Feb 202001,02949.881.98$2,038
Jan 202001,17357.252.09$2,457
Dec 201901,22059.012.30$2,811
Nov 201901,07855.302.75$2,965
Oct 201901,25653.472.42$3,038
Sep 201901,67255.052.66$4,443
Aug 20191881,66553.112.30$13,821
Jul 201901,82656.272.46$4,492
Jun 201901,65152.782.49$4,113
May 201901,68658.482.74$4,620
Apr 20191901,42962.632.75$15,830
Mar 201901,76456.803.06$5,402
Feb 201902,27550.852.79$6,352
Jan 201902,03146.033.23$6,556
Dec 201802,89046.594.19$12,096
Nov 201802,06352.934.24$8,741
Oct 2018010461.443.40$353
Sep 201801,87759.543.11$5,834
Aug 201801,99059.403.07$6,102
Jul 201801,99265.142.93$5,840
Jun 201801,91660.183.08$5,895
May 201801,98165.382.90$5,746
Apr 201802,03163.842.90$5,892
Mar 201802,05861.222.79$5,735
Feb 201802,17461.782.77$6,014
Jan 201802,43562.874.01$9,763
Dec 201703,03057.272.92$8,852
Nov 201702,12555.423.12$6,627
Oct 201702,16749.292.98$6,466
Sep 201702,10447.523.09$6,496
Aug 201702,18145.373.00$6,553
Jul 201702,20443.873.09$6,804
Jun 201702,06242.493.09$6,366
May 201702,15745.373.26$7,039
Apr 201702,06547.933.21$6,632
Mar 201702,12146.772.98$6,328
Feb 201701,87050.452.95$5,521
Jan 201702,24249.413.42$7,665
Dec 201602,56948.763.72$9,564
Nov 201602,00942.492.64$5,313
Oct 201602,11546.193.09$6,536
Sep 201602,07341.553.10$6,428
Aug 20161892,12141.442.92$14,035
Jul 201602,10541.622.92$6,156
Jun 201601,81445.352.69$4,872
May 201602,16942.521.99$4,319
Apr 201601,93536.561.99$3,853
Mar 201602,20333.011.79$3,952
Feb 201602,36926.472.06$4,889
Jan 20161194,03227.352.36$12,788
Dec 201502,87532.362.00$5,754
Nov 201503,28138.792.17$7,111
Oct 201502,28443.552.43$5,542
Sep 20151642,12142.992.76$12,901
Aug 201502,26940.162.87$6,518
Jul 201502,27248.152.95$6,691
Jun 201502,25856.152.88$6,510
May 201502,11555.212.96$6,251
Apr 20151352,27849.822.71$12,891
Mar 201502,20142.892.93$6,459
Feb 201501,95044.662.98$5,804
Jan 201501,37643.433.10$4,266
Dec 20141831,80954.693.59$16,505
Nov 201402,06470.464.25$8,776
Oct 201402,35078.303.90$9,167
Sep 201402,28586.164.05$9,244
Aug 201402,57289.394.04$10,378
Jul 20141752,62496.564.18$27,865
Jun 201422,56498.164.74$12,342
May 20141892,57594.734.73$30,075
Apr 201412,47195.944.81$11,979
Mar 201412,83695.895.06$14,437
Feb 201422,25897.406.19$14,176
Jan 20141244,32090.404.86$32,208
Dec 201302,99591.824.35$13,042
Nov 201302,55788.853.74$9,559
Oct 2013832,62497.423.78$18,003
Sep 201302,569104.113.72$9,551
Aug 2013732,581104.253.52$16,702
Jul 20131792,588102.523.72$27,973
Jun 201312,68094.403.93$10,636
May 201312,64994.834.15$11,086
Apr 201322,69193.964.28$11,712
Mar 20131823,12093.623.91$29,247
Feb 201311,94491.233.42$6,740
Jan 2013382,68791.603.42$12,670
Dec 201202,66686.773.42$9,118
Nov 20121732,59186.953.62$24,435
Oct 201202,79589.383.40$9,502
Sep 201202,74194.672.92$7,999
Aug 2012322,94792.662.91$11,535
Jul 20121802,94185.133.02$24,208
Jun 201202,84779.822.52$7,172
May 201202,96191.612.49$7,368
Apr 20121882,961101.652.00$25,023
Mar 2012532,644105.052.22$11,443
Feb 201222,534101.102.57$6,715
Jan 20121912,78498.092.73$26,347
Dec 201102,92596.873.24$9,476
Nov 201112,79895.723.31$9,361
Oct 20111592,96884.983.65$24,341
Sep 201102,99483.623.99$11,933
Aug 201112,84983.404.15$11,905
Jul 201103,11494.144.52$14,067
Jun 201102,74392.904.64$12,727
May 201113,12798.134.40$13,872
Apr 201103,231105.964.33$14,001
Mar 20111692,94396.364.06$28,226
Feb 201112,58385.644.18$10,883
Jan 201103,18986.504.59$14,634
Dec 201003,28685.734.35$14,287
Nov 20101513,22480.843.80$24,443
Oct 201023,41278.103.51$12,129
Sep 201003,19772.633.98$12,722
Aug 20101743,49073.684.42$28,244
Jul 201003,54472.554.74$16,786
Jun 201013,48570.364.91$17,183
May 20101753,66371.124.24$27,960
Apr 201013,66081.694.12$15,171
Mar 20101763,93378.394.39$31,057
Feb 201013,51073.585.44$19,176
Jan 201043,98674.365.96$24,070
Dec 20091823,98871.445.48$34,871
Nov 2009113,96274.593.75$15,684
Oct 20092024,14372.544.11$31,682
Sep 200984,23965.543.06$13,516
Aug 200954,38867.423.22$14,460
Jul 20091694,44961.133.46$25,745
Jun 200974,23366.163.90$16,951
May 200994,34054.743.93$17,530
Apr 20091874,27646.773.59$24,086
Mar 2009114,52142.144.06$18,814
Feb 20091744,06032.814.63$24,519
Jan 2009144,63135.865.37$25,375
Dec 20081844,17237.105.98$31,763
Nov 200884,47255.496.86$31,123
Oct 2008104,40075.246.92$31,209
Sep 2008104,624101.767.88$37,441
Aug 20081804,726114.228.48$60,650
Jul 20081974,599131.0811.39$78,203
Jun 200894,504131.3313.03$59,881
May 20081904,714123.1711.57$77,964
Apr 20081955,089110.3110.45$74,715
Mar 20081965,089101.909.66$69,153
Feb 2008114,45492.538.77$40,082
Jan 20081934,65490.388.21$55,633
Dec 20072124,84788.337.30$54,119
Nov 20072094,82991.677.29$54,371
Oct 2007215,11182.856.92$37,118
Sep 20071934,91375.846.24$45,315
Aug 20071924,91069.066.39$44,624
Jul 20073784,72070.906.39$56,951
Jun 2007125,24762.007.55$40,351
May 20072066,54358.747.85$63,439
Apr 200772,20659.617.81$17,636
Mar 20071985,58356.927.30$52,037
Feb 20072134,79555.108.22$51,132
Jan 20072175,77650.306.73$49,769
Dec 20062026,09456.656.92$53,604
Nov 2006205,88554.207.62$45,913
Oct 20063926,25354.906.01$59,125
Sep 20061956,54460.085.04$44,679
Aug 20061926,94968.717.34$64,197
Jul 20061987,03669.376.34$58,363
Jun 2006147,17566.286.38$46,732
May 20063717,54566.016.42$72,966
Apr 20061957,76864.397.36$69,732
Mar 20062238,22056.707.08$70,866
Feb 20064077,72357.597.75$83,301
Jan 20062358,77060.598.93$92,584
Dec 200522110,46854.9413.42$152,574
Nov 20053859,64454.6910.59$123,170
Oct 200538510,30158.3413.80$164,571
Sep 200537410,63861.4512.08$151,479
Aug 200537112,43961.519.80$144,683
Jul 200538113,98855.697.84$130,935
Jun 200556614,86452.337.38$139,331
May 200540117,47945.226.65$134,389
Apr 200576519,41649.207.36$180,549
Mar 20051,01026,93850.377.15$243,612
Feb 20051,00134,41945.226.31$262,515
Jan 200568929,94643.166.32$219,062
Dec 2004089639.866.75$6,049

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                  336 Mcf  × $  3.05 =     $1,023

────────────────────────────────────────────────────
Month total                                   $1,023

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. 10/G/208971 is the state's own key, not one this site invented.