REED T

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

Gas lease lease 215199District 10Field 046605002 tax incentive programmesCondensateGasSaveExport
Value, all time
$987 k
Nov 2005 – May 2021
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
187
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 66 leases and 69 wells, and the rule below applies to all of them.

Discovered
1982-01-04
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 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 2009-01-15.

The Commission's schedule remark for this field reads: P-15'S AND PLATS ARE REQUIRED FOR HORIZONTAL WELLS.

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 Gas112006-07-26168752
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
CondensateDisposition4,256 bbl$283,359
GasProduction90,288 Mcf$703,213
Total$986,572

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 35.5375, -100.1770. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.53749, -100.17701 · 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
100.0%
1 of 1 wells
Median depth
13,150 ft
1 wells filed one
Completion to plug
14.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 13,150 ft.

Completions filed
Nov 2005
1 of 1 wells
Plug dates filed
Mar 2020
1 of 1 wells

Last completion to plug: a median of 14.3 years across the 1 well that filed both dates, with the middle half between 14.3 years and 14.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48331895513,150 ftNov 2005Mar 2020Yes

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 (187)

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

187 months

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 2020119038.772.71$4,614
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 20150049.822.71$0
Mar 201510042.892.93$429
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 201343088.853.74$3,821
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201206585.133.02$196
Jun 2012026479.822.52$665
May 2012022691.612.49$562
Apr 20120126101.652.00$252
Mar 20121249105.052.22$658
Feb 20120142101.102.57$365
Jan 201205598.092.73$150
Dec 20110696.873.24$19
Nov 20110095.723.31$0
Oct 201102984.983.65$106
Sep 201101983.623.99$76
Aug 201118112283.404.15$15,602
Jul 2011040294.144.52$1,816
Jun 2011039192.904.64$1,814
May 2011144398.134.40$2,049
Apr 20110418105.964.33$1,811
Mar 2011040696.364.06$1,647
Feb 2011134385.644.18$1,519
Jan 2011037486.504.59$1,716
Dec 2010242785.734.35$2,028
Nov 2010142080.843.80$1,675
Oct 20104744978.103.51$5,246
Sep 2010046672.633.98$1,854
Aug 2010048273.684.42$2,130
Jul 2010047672.554.74$2,255
Jun 20103350270.364.91$4,787
May 2010051171.124.24$2,164
Apr 2010048581.694.12$2,000
Mar 2010051978.394.39$2,278
Feb 201019344073.585.44$16,596
Jan 2010048474.365.96$2,887
Dec 2009250871.445.48$2,929
Nov 2009153674.593.75$2,085
Oct 2009159672.544.11$2,522
Sep 2009161865.543.06$1,960
Aug 2009064767.423.22$2,082
Jul 2009065961.133.46$2,283
Jun 2009165666.163.90$2,621
May 2009261054.743.93$2,504
Apr 200918668546.773.59$11,157
Mar 2009363242.144.06$2,692
Feb 2009367132.814.63$3,207
Jan 2009268535.865.37$3,751
Dec 2008274737.105.98$4,539
Nov 2008274955.496.86$5,249
Oct 2008374075.246.92$5,348
Sep 20082774101.767.88$6,300
Aug 2008168873114.228.48$26,595
Jul 20082947131.0811.39$11,048
Jun 20082924131.3313.03$12,305
May 200821,036123.1711.57$12,237
Apr 200811,026110.3110.45$10,837
Mar 2008190999101.909.66$29,015
Feb 2008591992.538.77$8,523
Jan 2008397590.388.21$8,272
Dec 20071931,02888.337.30$24,554
Nov 200721,04591.677.29$7,803
Oct 200711,02782.856.92$7,192
Sep 200741,12175.846.24$7,303
Aug 20071821,19969.066.39$20,228
Jul 200751,25370.906.39$8,359
Jun 20071771,18862.007.55$19,942
May 200761,29958.747.85$10,545
Apr 200741,12559.617.81$9,019
Mar 20071731,32856.927.30$19,544
Feb 20071991,30255.108.22$21,662
Jan 200771,47350.306.73$10,261
Dec 200691,59756.656.92$11,559
Nov 2006598754.207.62$7,789
Oct 20062101,52554.906.01$20,700
Sep 20062011,77760.085.04$21,027
Aug 20062021,97168.717.34$28,346
Jul 2006141,90969.376.34$13,080
Jun 200632,08766.286.38$13,522
May 20061992,33466.016.42$28,132
Apr 20062002,82164.397.36$33,642
Mar 2006183,28956.707.08$24,316
Feb 20064013,36257.597.75$49,153
Jan 20062194,27860.598.93$51,486
Dec 20052126,16554.9413.42$94,353
Nov 200519413,84554.6910.59$157,206

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           119 bbl  × $ 38.77 =     $4,614
Gas                    0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                   $4,614

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/215199 is the state's own key, not one this site invented.