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 214534District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Nov 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
247
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 Gas112006-07-26168863
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
CondensateDisposition8,396 bbl$555,795
GasProduction261,770 Mcf$1,643,009
Total$2,198,803

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 35.4317, -100.0208. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.43170, -100.02079 · 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
14,450 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 14,450 ft.

Completions filed
Nov 2005
1 of 1 wells

1 well

42-48331901307014,450 ftNov 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 (247)

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

247 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 2022044108.885.08$223
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 2021020857.805.55$1,154
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020384038.772.71$14,888
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20201062339.982.39$4,293
Jul 2020052938.371.83$965
Jun 2020048834.901.69$825
May 2020050916.921.81$924
Apr 2020051114.751.80$922
Mar 202019450330.341.86$6,820
Feb 2020050649.881.98$1,002
Jan 2020051357.252.09$1,075
Dec 2019056159.012.30$1,293
Nov 2019051555.302.75$1,417
Oct 2019052053.472.42$1,258
Sep 2019062655.052.66$1,663
Aug 2019076253.112.30$1,756
Jul 2019080056.272.46$1,968
Jun 2019055952.782.49$1,393
May 2019066758.482.74$1,828
Apr 2019064062.632.75$1,760
Mar 2019065756.803.06$2,012
Feb 201910561350.852.79$7,051
Jan 2019058046.033.23$1,872
Dec 2018068346.594.19$2,859
Nov 2018062752.934.24$2,657
Oct 2018060561.443.40$2,056
Sep 2018059659.543.11$1,852
Aug 201810364659.403.07$8,099
Jul 2018061665.142.93$1,806
Jun 2018077960.183.08$2,397
May 2018068465.382.90$1,984
Apr 2018072063.842.90$2,089
Mar 201819274261.222.79$13,822
Feb 2018071361.782.77$1,972
Jan 2018094862.874.01$3,801
Dec 2017061457.272.92$1,794
Nov 2017074355.423.12$2,317
Oct 2017082949.292.98$2,473
Sep 2017076347.523.09$2,356
Aug 2017087045.373.00$2,614
Jul 2017079643.873.09$2,457
Jun 2017082242.493.09$2,538
May 2017090945.373.26$2,966
Apr 2017093147.933.21$2,990
Mar 2017090946.772.98$2,712
Feb 2017074450.452.95$2,197
Jan 201701,11249.413.42$3,802
Dec 20161401,45948.763.72$12,258
Nov 201604,00442.492.64$10,588
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 201519056.152.88$1,067
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201513362942.892.93$7,550
Feb 2015050744.662.98$1,509
Jan 2015036043.433.10$1,116
Dec 2014169854.693.59$2,561
Nov 2014037670.464.25$1,599
Oct 201417835378.303.90$15,314
Sep 2014040786.164.05$1,646
Aug 2014050289.394.04$2,026
Jul 201411,34696.564.18$5,722
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014051495.944.81$2,472
Mar 201417655695.895.06$19,688
Feb 2014082697.406.19$5,115
Jan 2014065190.404.86$3,164
Dec 2013093791.824.35$4,080
Nov 2013080688.853.74$3,013
Oct 2013082897.423.78$3,129
Sep 20130800104.113.72$2,974
Aug 20130830104.253.52$2,924
Jul 20130824102.523.72$3,063
Jun 2013083594.403.93$3,284
May 201301,17094.834.15$4,854
Apr 2013093093.964.28$3,983
Mar 201301,14093.623.91$4,461
Feb 2013071491.233.42$2,442
Jan 20131431,22991.603.42$17,302
Dec 2012071786.773.42$2,452
Nov 2012093186.953.62$3,375
Oct 2012099989.383.40$3,396
Sep 2012093994.672.92$2,740
Aug 201201,22792.662.91$3,568
Jul 201219181185.133.02$18,710
Jun 201201,07079.822.52$2,695
May 201201,08191.612.49$2,690
Apr 201201,330101.652.00$2,656
Mar 20120950105.052.22$2,111
Feb 201201,049101.102.57$2,696
Jan 201219474698.092.73$21,069
Dec 2011187596.873.24$2,932
Nov 201101,16595.723.31$3,858
Oct 201101,22884.983.65$4,480
Sep 201111,02683.623.99$4,173
Aug 201101,10683.404.15$4,589
Jul 201111,27194.144.52$5,836
Jun 20111941,29992.904.64$24,050
May 201111,31198.134.40$5,873
Apr 201101,590105.964.33$6,890
Mar 201101,21096.364.06$4,909
Feb 20111981,15785.644.18$21,793
Jan 201111,40986.504.59$6,552
Dec 201021,16585.734.35$5,237
Nov 2010701,41980.843.80$11,044
Oct 201051,23278.103.51$4,713
Sep 201011,34172.633.98$5,409
Aug 20101961,36073.684.42$20,452
Jul 201011,46472.554.74$7,007
Jun 201031,50670.364.91$7,606
May 20101811,34771.124.24$18,578
Apr 201001,66281.694.12$6,852
Mar 201001,39378.394.39$6,113
Feb 201001,13073.585.44$6,150
Jan 201031,48374.365.96$9,068
Dec 20091991,68171.445.48$23,435
Nov 200951,54474.593.75$6,165
Oct 200941,92372.544.11$8,194
Sep 200931,79665.543.06$5,701
Aug 200941,87467.423.22$6,301
Jul 20091651,87661.133.46$16,586
Jun 2009111,79766.163.90$7,727
May 200951,76854.743.93$7,214
Apr 20091811,78346.773.59$14,862
Mar 200961,97742.144.06$8,277
Feb 200971,66132.814.63$7,925
Jan 20092062,06235.865.37$18,462
Dec 2008113,07937.105.98$18,812
Nov 200862,06355.496.86$14,486
Oct 200861,97575.246.92$14,122
Sep 20081962,116101.767.88$36,613
Aug 200852,379114.228.48$20,752
Jul 200852,263131.0811.39$26,430
Jun 200872,197131.3313.03$29,552
May 20081831,946123.1711.57$45,064
Apr 200862,076110.3110.45$22,366
Mar 200882,327101.909.66$23,303
Feb 200872,21592.538.77$20,075
Jan 20082022,63990.388.21$39,912
Dec 2007122,24688.337.30$17,460
Nov 200792,39091.677.29$18,252
Oct 20071762,68682.856.92$33,174
Sep 200782,73375.846.24$17,672
Aug 20071752,78769.066.39$29,889
Jul 2007142,85170.906.39$19,205
Jun 2007112,80462.007.55$21,848
May 20071982,99558.747.85$35,130
Apr 20071892,61959.617.81$31,708
Mar 20071973,08656.927.30$33,747
Feb 2007152,72155.108.22$23,182
Jan 2007233,27450.306.73$23,181
Dec 200693,12356.656.92$22,116
Nov 20062083,21854.207.62$35,787
Oct 200682,97254.906.01$18,312
Sep 200693,67460.085.04$19,047
Aug 20061973,60668.717.34$40,004
Jul 20061883,79669.376.34$37,119
Jun 20062004,16966.286.38$39,870
May 2006174,94966.016.42$32,920
Apr 20062045,29664.397.36$52,117
Mar 20063946,77056.707.08$70,291
Feb 20062166,28157.597.75$61,124
Jan 200665410,42360.598.93$132,738
Dec 200550117,32254.9413.42$259,907
Nov 200576,99754.6910.59$74,470

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.

Mar 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $108.88 =         $0
Gas                   44 Mcf  × $  5.08 =       $223

────────────────────────────────────────────────────
Month total                                     $223

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/214534 is the state's own key, not one this site invented.