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 248233District 10Field 046605002 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.0 M
Jun 2008 – May 2026
Value, last 12 filed months
$332 k
at the published price for each month
Months reported
216
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 Gas112009-07-30186991
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
CondensateDisposition107,108 bbl$8,186,661
GasProduction3,480,678 Mcf$15,828,914
Total$24,015,575

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 35.5378, -100.1593. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.53781, -100.15933 · 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
14,570 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 14,570 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-483325007H14,570 ftJun 2008

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 (216)

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

216 months

May 20263775,226106.413.05$56,034
Apr 202605,54298.932.87$15,904
Mar 20261945,68889.753.15$35,326
Feb 20261918,23763.503.75$43,020
Jan 20261935,15059.138.00$52,601
Dec 202505,36756.664.41$23,687
Nov 202504,45958.593.93$17,508
Oct 202504,50859.383.30$14,898
Sep 202504,91962.743.08$15,135
Aug 202506,00163.933.01$18,092
Jul 202506,17866.743.32$20,481
Jun 202506,21466.483.13$19,442
May 202505,94660.553.23$19,219
Apr 20251675,03262.363.54$28,243
Mar 202504,06667.704.27$17,355
Feb 202503,85670.884.34$16,738
Jan 202505,45974.324.28$23,357
Dec 202405,10568.993.12$15,935
Nov 20241815,97369.052.20$25,629
Oct 20241916,28671.372.28$27,973
Sep 20241876,14069.612.36$27,534
Aug 202406,38175.632.06$13,168
Jul 20241786,43879.932.15$28,047
Jun 20242216,29578.082.63$33,837
May 20241906,55878.812.20$29,391
Apr 20241866,55184.451.66$26,577
Mar 20241776,40280.301.55$24,105
Feb 20241935,96376.091.78$25,321
Jan 20241875,95173.023.30$33,279
Dec 202306,53371.262.61$17,056
Nov 20231865,81777.892.81$30,819
Oct 20231975,91985.443.09$35,105
Sep 202306,09089.042.74$16,656
Aug 20231886,71080.522.67$33,073
Jul 20231796,66074.852.64$30,993
Jun 20231886,74468.962.26$28,196
May 20231846,24370.622.23$26,900
Apr 202306,55178.122.24$14,660
Mar 20231906,78572.852.39$30,079
Feb 20231916,44675.112.47$30,240
Jan 20231886,60976.533.39$36,777
Dec 20221956,91476.415.73$54,511
Nov 20221937,13185.005.65$56,668
Oct 20221777,54187.185.86$59,649
Sep 20221727,70084.888.16$77,460
Aug 20223738,73294.529.13$114,954
Jul 20221875,509101.587.54$60,545
Jun 202200115.097.98$0
May 202204,559109.378.43$38,446
Apr 20221916,580104.226.84$64,897
Mar 20221956,931108.885.08$56,416
Feb 20223887,14991.054.86$70,063
Jan 202205,82781.844.54$26,441
Dec 20211996,09371.323.90$37,950
Nov 20212067,53177.435.24$55,389
Oct 20211856,73579.795.71$53,244
Sep 202106,58469.865.35$35,230
Aug 202105,09166.024.22$21,487
Jul 20211867,80670.783.98$44,249
Jun 20211906,22069.493.38$34,231
May 20213827,78863.483.02$47,751
Apr 202106,57760.362.76$18,142
Mar 202107,44761.302.72$20,233
Feb 202105,36857.805.55$29,781
Jan 20211906,34150.412.81$27,398
Dec 2020966,24044.642.68$20,980
Nov 20209015,09938.772.71$48,733
Oct 20201885,78136.972.48$21,278
Sep 202006,48637.091.99$12,914
Aug 20201957,57039.982.39$25,851
Jul 20201927,91238.371.83$21,807
Jun 20201847,74334.901.69$19,510
May 20201938,22216.921.81$18,186
Apr 20201927,94414.751.80$17,166
Mar 20201867,37830.341.86$19,339
Feb 20201947,75949.881.98$25,045
Jan 20201908,52357.252.09$28,731
Dec 20191878,61059.012.30$30,875
Nov 20191968,37455.302.75$33,873
Oct 20191948,78753.472.42$31,625
Sep 20193818,90855.052.66$44,645
Aug 2019010,86753.112.30$25,041
Jul 20191889,48956.272.46$33,922
Jun 20191918,77952.782.49$31,951
May 20193859,72858.482.74$49,173
Apr 20191939,96462.632.75$39,496
Mar 201919210,84456.803.06$44,111
Feb 20191949,64750.852.79$36,801
Jan 20191919,76946.033.23$40,328
Dec 20181009,30146.594.19$43,588
Nov 201838310,79052.934.24$65,992
Oct 201819210,33561.443.40$46,916
Sep 201809,00959.543.11$28,000
Aug 20181949,38059.403.07$40,288
Jul 201818810,88865.142.93$44,169
Jun 2018279,40060.183.08$30,548
May 20182159,31965.382.90$41,089
Apr 201838510,55663.842.90$55,199
Mar 20181969,76261.222.79$39,204
Feb 20181989,01661.782.77$37,172
Jan 20181979,89762.874.01$52,066
Dec 20171954,46157.272.92$24,201
Nov 20171928,40755.423.12$36,857
Oct 201704,03349.292.98$12,033
Sep 20171968,61147.523.09$35,898
Aug 20171968,16945.373.00$33,435
Jul 201719210,79443.873.09$41,747
Jun 201719410,68342.493.09$41,224
May 201718311,19845.373.26$44,846
Apr 201737810,91047.933.21$53,156
Mar 201719211,40046.772.98$42,994
Feb 201738810,07850.452.95$49,331
Jan 201738011,73049.413.42$58,878
Dec 201619012,14248.763.72$54,467
Nov 2016011,86742.492.64$31,381
Oct 201619212,64646.193.09$47,948
Sep 201635412,14341.553.10$52,360
Aug 201618812,50741.442.92$44,365
Jul 201637512,54041.622.92$52,279
Jun 201638012,21845.352.69$50,048
May 201617913,08542.521.99$33,664
Apr 201645712,68736.561.99$41,968
Mar 201631312,88333.011.79$33,444
Feb 201633611,44226.472.06$32,506
Jan 201639111,35127.352.36$37,532
Dec 201519011,86632.362.00$29,897
Nov 201530111,91238.792.17$37,493
Oct 201518411,91543.552.43$36,926
Sep 201518812,12342.992.76$41,522
Aug 201536812,38540.162.87$50,355
Jul 201518412,29048.152.95$45,055
Jun 201530312,09356.152.88$51,876
May 201533012,26555.212.96$54,468
Apr 201519411,94649.822.71$41,998
Mar 201541012,13942.892.93$53,209
Feb 201518211,03744.662.98$40,976
Jan 201517612,05143.433.10$45,009
Dec 201417613,14354.693.59$56,827
Nov 201435811,64170.464.25$74,720
Oct 201418212,48878.303.90$62,966
Sep 201437313,03386.164.05$84,862
Aug 201417613,70289.394.04$71,022
Jul 201418013,63896.564.18$74,382
Jun 201417613,50198.164.74$81,229
May 201435914,15394.734.73$100,903
Apr 201434513,91195.944.81$99,999
Mar 201418214,82395.895.06$92,409
Feb 201456513,19397.406.19$136,722
Jan 201418414,61390.404.86$87,663
Dec 201324314,62491.824.35$85,992
Nov 201344715,32988.853.74$97,020
Oct 201336417,62197.423.78$102,057
Sep 201334317,375104.113.72$100,305
Aug 201335119,905104.253.52$106,709
Jul 201352119,501102.523.72$125,913
Jun 201355318,17694.403.93$123,697
May 201337017,73594.834.15$108,671
Apr 201337318,22993.964.28$113,114
Mar 201354119,76193.623.91$127,971
Feb 2013015,45691.233.42$52,858
Jan 201359418,12091.603.42$116,379
Dec 201219518,67086.773.42$80,775
Nov 2012018,42386.953.62$66,783
Oct 201256718,99589.383.40$115,255
Sep 201236017,63594.672.92$85,547
Aug 201258819,51692.662.91$111,240
Jul 201237821,44185.133.02$96,948
Jun 201257019,19979.822.52$93,860
May 201219620,24291.612.49$68,324
Apr 201255221,060101.652.00$98,163
Mar 201236422,334105.052.22$87,866
Feb 201234918,495101.102.57$82,820
Jan 201260120,76598.092.73$115,725
Dec 201117220,78096.873.24$83,983
Nov 201136420,46095.723.31$102,591
Oct 201155621,74784.983.65$126,594
Sep 201157021,97983.623.99$135,267
Aug 201138722,48983.404.15$125,590
Jul 201156622,19094.144.52$153,521
Jun 201136820,59792.904.64$129,755
May 201196422,08298.134.40$191,865
Apr 201119621,623105.964.33$114,467
Mar 201157722,28896.364.06$146,030
Feb 201119319,45085.644.18$97,829
Jan 201137323,04786.504.59$138,022
Dec 201055723,38385.734.35$149,415
Nov 201038123,84480.843.80$121,296
Oct 201078222,02178.103.51$138,343
Sep 201039725,48472.633.98$130,247
Aug 201077227,25973.684.42$177,348
Jul 201055528,30172.554.74$174,313
Jun 201073727,82570.364.91$188,487
May 201076129,69671.124.24$179,891
Apr 201098229,18681.694.12$200,544
Mar 201094530,93178.394.39$209,825
Feb 201077527,30973.585.44$205,650
Jan 201077630,56074.365.96$239,966
Dec 20091,21727,68471.445.48$238,755
Nov 20091,23129,10474.593.75$201,004
Oct 20091,20531,59272.544.11$217,262
Sep 20091,37932,01365.543.06$188,492
Aug 20091,32335,50167.423.22$203,457
Jul 20091,32538,25461.133.46$213,528
Jun 20091,40739,37966.163.90$246,468
May 20091,99944,10954.743.93$282,586
Apr 20091,83546,77446.773.59$253,625
Mar 20092,08947,90442.144.06$282,473
Feb 20092,43860,80632.814.63$361,705
Jan 20093,33769,41135.865.37$492,471
Dec 20083,75482,98237.105.98$635,268
Nov 20083,97195,99855.496.86$878,932
Oct 20085,591111,06675.246.92$1,189,463
Sep 20085,803111,582101.767.88$1,469,455
Aug 20086,967122,821114.228.48$1,837,664
Jul 20088,133119,057131.0811.39$2,422,065
Jun 200888022,429131.3313.03$407,879

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           377 bbl  × $106.41 =    $40,117
Gas                5,226 Mcf  × $  3.05 =    $15,918

────────────────────────────────────────────────────
Month total                                  $56,034

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/248233 is the state's own key, not one this site invented.