REED 70

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 230447District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.7 M
Jul 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
227
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 Gas112007-11-26177789
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
CondensateDisposition14,463 bbl$1,119,412
GasProduction497,908 Mcf$2,575,872
Total$3,695,284

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 35.4370, -100.0166. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.43704, -100.01659 · 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
14,300 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 14,300 ft.

Completions filed
Jul 2007
1 of 1 wells

1 well

42-48332263414,300 ftJul 2007

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 (227)

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

227 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 2023047075.112.47$1,159
Jan 2023066376.533.39$2,246
Dec 2022082876.415.73$4,744
Nov 2022070785.005.65$3,992
Oct 2022087487.185.86$5,125
Sep 2022065084.888.16$5,306
Aug 2022082294.529.13$7,503
Jul 20220436101.587.54$3,288
Jun 202200115.097.98$0
May 20220735109.378.43$6,198
Apr 20220976104.226.84$6,674
Mar 20220976108.885.08$4,955
Feb 2022037491.054.86$1,817
Jan 202219081281.844.54$19,234
Dec 2021078571.323.90$3,061
Nov 2021076277.435.24$3,990
Oct 2021080479.795.71$4,594
Sep 2021084569.865.35$4,522
Aug 2021061266.024.22$2,583
Jul 2021065070.783.98$2,588
Jun 2021061969.493.38$2,093
May 2021078563.483.02$2,369
Apr 2021073760.362.76$2,033
Mar 202101,03161.302.72$2,801
Feb 202101,94557.805.55$10,791
Jan 2021093850.412.81$2,636
Dec 2020094844.642.68$2,536
Nov 202052390238.772.71$22,718
Oct 2020096236.972.48$2,384
Sep 2020088937.091.99$1,770
Aug 2020087939.982.39$2,097
Jul 202018587338.371.83$8,692
Jun 2020081734.901.69$1,381
May 2020085416.921.81$1,550
Apr 2020066614.751.80$1,202
Mar 2020095330.341.86$1,769
Feb 2020091849.881.98$1,818
Jan 202001,00157.252.09$2,097
Dec 2019099859.012.30$2,300
Nov 201901,06255.302.75$2,921
Oct 201901,01853.472.42$2,462
Sep 201901,01455.052.66$2,694
Aug 201901,08053.112.30$2,489
Jul 20191881,09356.272.46$13,268
Jun 201901,08052.782.49$2,691
May 201901,11958.482.74$3,066
Apr 201901,08662.632.75$2,987
Mar 201901,17156.803.06$3,586
Feb 2019881,02050.852.79$7,323
Jan 201901,16746.033.23$3,767
Dec 201801,15546.594.19$4,834
Nov 201801,29452.934.24$5,483
Oct 2018921,18461.443.40$9,676
Sep 201801,15259.543.11$3,580
Aug 201801,17959.403.07$3,615
Jul 201801,27465.142.93$3,735
Jun 2018091660.183.08$2,818
May 201801,14965.382.90$3,333
Apr 2018043963.842.90$1,273
Mar 20189254261.222.79$7,143
Feb 2018053561.782.77$1,480
Jan 2018062362.874.01$2,498
Dec 201701,28957.272.92$3,766
Nov 201719587955.423.12$13,548
Oct 2017082949.292.98$2,473
Sep 2017099947.523.09$3,084
Aug 201701,08345.373.00$3,254
Jul 201701,09543.873.09$3,381
Jun 201701,08142.493.09$3,337
May 201701,12245.373.26$3,662
Apr 201701,10847.933.21$3,558
Mar 201701,17146.772.98$3,494
Feb 201701,05850.452.95$3,124
Jan 201701,11349.413.42$3,805
Dec 201601,01248.763.72$3,768
Nov 201601,20642.492.64$3,189
Oct 201601,29546.193.09$4,002
Sep 201601,20041.553.10$3,721
Aug 201601,29041.442.92$3,772
Jul 20161831,35741.622.92$11,585
Jun 201601,29245.352.69$3,470
May 201601,45142.521.99$2,889
Apr 201601,43736.561.99$2,861
Mar 201611,46733.011.79$2,665
Feb 201601,62926.472.06$3,362
Jan 20161061,16227.352.36$5,646
Dec 201501,48132.362.00$2,964
Nov 201501,45538.792.17$3,153
Oct 20151861,51243.552.43$11,769
Sep 201501,04042.992.76$2,869
Aug 201501,55340.162.87$4,461
Jul 201501,56448.152.95$4,606
Jun 201501,44856.152.88$4,174
May 201501,57955.212.96$4,667
Apr 2015501,57549.822.71$6,754
Mar 201511,76642.892.93$5,226
Feb 201501,01244.662.98$3,012
Jan 201501,85743.433.10$5,758
Dec 201418267954.693.59$12,392
Nov 201401,78670.464.25$7,594
Oct 201401,78178.303.90$6,948
Sep 20141821,72486.164.05$22,655
Aug 201402,04089.394.04$8,232
Jul 201402,17796.564.18$9,099
Jun 20141832,02598.164.74$27,555
May 201402,19494.734.73$10,370
Apr 201402,00895.944.81$9,657
Mar 201412,25795.895.06$11,509
Feb 201401,26397.406.19$7,821
Jan 2014832,01790.404.86$17,307
Dec 201322,34591.824.35$10,395
Nov 2013792,24388.853.74$15,404
Oct 2013612,38097.423.78$14,938
Sep 2013752,307104.113.72$16,385
Aug 201302,428104.253.52$8,553
Jul 20131312,547102.523.72$22,899
Jun 201312,45694.403.93$9,755
May 20131862,64394.834.15$28,604
Apr 201301,77093.964.28$7,580
Mar 20131931,77093.623.91$24,994
Feb 201301,68791.233.42$5,769
Jan 20131842,20291.603.42$24,385
Dec 201202,44786.773.42$8,369
Nov 201202,53786.953.62$9,197
Oct 20121792,73089.383.40$25,280
Sep 201202,63394.672.92$7,684
Aug 201202,82492.662.91$8,213
Jul 20121672,87785.133.02$22,908
Jun 201202,70279.822.52$6,806
May 20121712,56391.612.49$22,043
Apr 201202,590101.652.00$5,172
Mar 201202,185105.052.22$4,855
Feb 20121842,815101.102.57$25,838
Jan 20121732,75598.092.73$24,502
Dec 201113,06496.873.24$10,023
Nov 20112003,01295.723.31$29,118
Oct 201113,12184.983.65$11,472
Sep 20111803,28483.623.99$28,141
Aug 201102,89083.404.15$11,992
Jul 20111923,25994.144.52$32,797
Jun 201103,23492.904.64$15,005
May 201113,30198.134.40$14,638
Apr 20111723,554105.964.33$33,626
Mar 201102,92096.364.06$11,847
Feb 20111853,93385.644.18$32,283
Jan 201113,39886.504.59$15,679
Dec 20101773,46785.734.35$30,248
Nov 20101823,41480.843.80$27,670
Oct 201043,58378.103.51$12,885
Sep 20101683,54772.633.98$26,317
Aug 201043,71273.684.42$16,699
Jul 20101753,83372.554.74$30,851
Jun 20101833,77270.364.91$31,398
May 201023,93671.124.24$16,812
Apr 20101773,89181.694.12$30,501
Mar 20101944,06378.394.39$33,039
Feb 201043,75273.585.44$20,714
Jan 20101944,39174.365.96$40,614
Dec 20092114,41771.445.48$39,296
Nov 20091984,16074.593.75$30,375
Oct 20091684,43472.544.11$30,412
Sep 200994,36065.543.06$13,952
Aug 20091814,70367.423.22$27,340
Jul 20091804,61961.133.46$27,006
Jun 2009102,60366.163.90$10,800
May 20092055,01254.743.93$30,898
Apr 20092084,86146.773.59$27,167
Mar 20092105,14142.144.06$29,717
Feb 20091914,60032.814.63$27,579
Jan 20092165,13535.865.37$35,326
Dec 20081984,97737.105.98$37,094
Nov 20082005,35455.496.86$47,828
Oct 20081845,45575.246.92$51,604
Sep 20082075,701101.767.88$65,972
Aug 20081686,137114.228.48$71,249
Jul 20082056,247131.0811.39$98,021
Jun 20083626,284131.3313.03$129,439
May 20081746,733123.1711.57$99,361
Apr 20081966,952110.3110.45$94,303
Mar 20083567,101101.909.66$104,901
Feb 2008167,12892.538.77$63,997
Jan 20083817,64690.388.21$97,176
Dec 20072188,93988.337.30$84,528
Nov 200740111,34291.677.29$119,462
Oct 200740314,76982.856.92$135,619
Sep 200762519,55175.846.24$169,480
Aug 200789939,11569.066.39$311,949
Jul 20073898,39970.906.39$81,232

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.

Feb 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 75.11 =         $0
Gas                  470 Mcf  × $  2.47 =     $1,159

────────────────────────────────────────────────────
Month total                                   $1,159

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/230447 is the state's own key, not one this site invented.