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 209469District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.9 M
Feb 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
256
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 Gas112005-08-10164509
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
CondensateDisposition13,541 bbl$837,077
GasProduction585,288 Mcf$4,107,053
Total$4,944,130

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 35.4391, -100.0214. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.43906, -100.02142 · 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
14,308 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 14,308 ft.

Completions filed
Feb 2005
1 of 1 wells

1 well

42-48331772207014,308 ftFeb 2005

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 (256)

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

256 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 202062038.772.71$2,404
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 20190058.482.74$0
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 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201530049.822.71$1,495
Mar 201501,33142.892.93$3,906
Feb 2015034344.662.98$1,021
Jan 2015086743.433.10$2,688
Dec 2014072254.693.59$2,593
Nov 201415594770.464.25$14,948
Oct 201401,26778.303.90$4,943
Sep 201401,34886.164.05$5,453
Aug 201401,48089.394.04$5,972
Jul 201401,58196.564.18$6,608
Jun 201411,55298.164.74$7,450
May 201401,62194.734.73$7,662
Apr 201401,49095.944.81$7,166
Mar 201401,39795.895.06$7,064
Feb 201411,96297.406.19$12,246
Jan 201411,65390.404.86$8,125
Dec 201311,54791.824.35$6,828
Nov 201311,48488.853.74$5,636
Oct 201311,57097.423.78$6,031
Sep 201301,508104.113.72$5,606
Aug 201311,703104.253.52$6,103
Jul 2013541,778102.523.72$12,146
Jun 201311,64694.403.93$6,569
May 201331,71094.834.15$7,379
Apr 201321,56493.964.28$6,886
Mar 201351,69193.623.91$7,085
Feb 201311,48691.233.42$5,173
Jan 201301,75791.603.42$6,009
Dec 201202,10286.773.42$7,189
Nov 201201,65586.953.62$5,999
Oct 201201,58489.383.40$5,385
Sep 201201,52594.672.92$4,451
Aug 2012481,61092.662.91$9,130
Jul 201201,59385.133.02$4,812
Jun 201201,75279.822.52$4,413
May 201201,53291.612.49$3,812
Apr 201211,146101.652.00$2,390
Mar 201201,122105.052.22$2,493
Feb 201201,192101.102.57$3,064
Jan 201201,42898.092.73$3,904
Dec 201101,50796.873.24$4,882
Nov 201101,96195.723.31$6,493
Oct 201102,11784.983.65$7,724
Sep 201102,10483.623.99$8,386
Aug 201112,03383.404.15$8,519
Jul 201111,53194.144.52$7,010
Jun 201101,66092.904.64$7,702
May 201102,18798.134.40$9,633
Apr 201102,341105.964.33$10,144
Mar 201101,94396.364.06$7,883
Feb 201102,08885.644.18$8,728
Jan 201101,99686.504.59$9,159
Dec 20101302,12285.734.35$20,371
Nov 2010312,26180.843.80$11,087
Oct 201032,29478.103.51$8,284
Sep 201002,28772.633.98$9,101
Aug 20101742,38973.684.42$23,378
Jul 201012,46172.554.74$11,729
Jun 201002,34770.364.91$11,525
May 20101862,56171.124.24$24,075
Apr 201012,33181.694.12$9,692
Mar 20101952,55178.394.39$26,482
Feb 201022,37073.585.44$13,046
Jan 201012,50674.365.96$15,020
Dec 200982,65771.445.48$15,142
Nov 200972,73574.593.75$10,782
Oct 20091832,78672.544.11$24,726
Sep 200962,72765.543.06$8,751
Aug 200952,96467.423.22$9,877
Jul 20091764,90461.133.46$27,749
Jun 20091783,88366.163.90$26,901
May 2009114,20654.743.93$17,114
Apr 2009154,23946.773.59$15,909
Mar 20091894,15342.144.06$24,821
Feb 2009143,91232.814.63$18,584
Jan 20091964,95635.865.37$33,647
Dec 2008143,97137.105.98$24,255
Nov 20081763,45855.496.86$33,489
Oct 200883,56375.246.92$25,265
Sep 20082034,634101.767.88$57,160
Aug 200884,933114.228.48$42,761
Jul 200874,913131.0811.39$56,874
Jun 20081944,883131.3313.03$89,116
May 200865,194123.1711.57$60,856
Apr 20081904,885110.3110.45$72,031
Mar 2008105,267101.909.66$51,920
Feb 20081964,95192.538.77$61,559
Jan 2008125,29690.388.21$44,542
Dec 20072105,56788.337.30$59,199
Nov 20072175,42791.677.29$59,464
Oct 2007225,68382.856.92$41,160
Sep 20072015,52975.846.24$49,768
Aug 20072015,84769.066.39$51,231
Jul 20072105,90670.906.39$52,616
Jun 2007235,74962.007.55$44,822
May 20072137,96858.747.85$75,031
Apr 2007122,56559.617.81$20,736
Mar 20072016,51056.927.30$58,977
Feb 2007506,12755.108.22$53,094
Jan 2007306,76250.306.73$46,996
Dec 2006207,41656.656.92$52,440
Nov 20062086,04654.207.62$57,329
Oct 2006164,95854.906.01$30,695
Sep 20062077,34760.085.04$49,445
Aug 20062047,68768.717.34$70,439
Jul 20062047,54669.376.34$62,014
Jun 20062007,98666.286.38$64,238
May 20061948,42666.016.42$66,943
Apr 20064018,51764.397.36$88,510
Mar 20062249,32756.707.08$78,763
Feb 20062088,60057.597.75$78,638
Jan 200642910,03860.598.93$115,666
Dec 200544210,68954.9413.42$167,681
Nov 200520811,42854.6910.59$132,380
Oct 200520612,39658.3413.80$183,030
Sep 200518713,05361.4512.08$169,158
Aug 200555815,48961.519.80$186,066
Jul 200537916,86655.697.84$153,397
Jun 200555118,27852.337.38$163,744
May 200597923,31845.226.65$199,362
Apr 200595429,32049.207.36$262,746
Mar 20051,81949,08750.377.15$442,835
Feb 20054612,56645.226.31$81,396

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.

Nov 2020 — as filed, then multipliedworked
Condensate            62 bbl  × $ 38.77 =     $2,404
Gas                    0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                   $2,404

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/209469 is the state's own key, not one this site invented.