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 253564District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.6 M
Jun 2009 – May 2026
Value, last 12 filed months
$322 k
at the published price for each month
Months reported
204
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 Gas112011-02-14201348
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
CondensateDisposition57,209 bbl$4,106,107
GasProduction2,322,816 Mcf$8,518,293
Total$12,624,401

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 35.4434, -100.0143. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.44341, -100.01428 · 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
12,826 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 12,826 ft.

Completions filed
Jun 2009
1 of 1 wells

1 well

42-483327626H12,826 ftJun 2009

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 (204)

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

204 months

May 20261804,458106.413.05$32,732
Apr 202604,35198.932.87$12,486
Mar 20261875,07989.753.15$32,779
Feb 202604,19863.503.75$15,744
Jan 20261914,13959.138.00$44,397
Dec 202506,33756.664.41$27,967
Nov 20251056,58158.593.93$31,992
Oct 20251876,16659.383.30$31,482
Sep 202506,40562.743.08$19,708
Aug 20251875,13363.933.01$27,430
Jul 202505,14166.743.32$17,043
Jun 20251775,28466.483.13$28,299
May 202505,12360.553.23$16,559
Apr 202504,69462.363.54$16,631
Mar 20251494,80267.704.27$30,584
Feb 202504,27370.884.34$18,548
Jan 202504,81874.324.28$20,615
Dec 20241784,98168.993.12$27,828
Nov 2024634,88069.052.20$15,079
Oct 202405,03971.372.28$11,496
Sep 20241184,90369.612.36$19,806
Aug 20241815,07275.632.06$24,156
Jul 202405,13179.932.15$11,014
Jun 2024984,93978.082.63$20,661
May 20241195,08378.812.20$20,553
Apr 2024605,11184.451.66$13,547
Mar 202405,37180.301.55$8,299
Feb 20241735,04576.091.78$22,162
Jan 20241795,03673.023.30$29,678
Dec 202305,47171.262.61$14,283
Nov 20231856,12777.892.81$31,612
Oct 20231884,75685.443.09$30,746
Sep 202305,81289.042.74$15,896
Aug 202301,66680.522.67$4,453
Jul 202305,56974.852.64$14,712
Jun 20231845,20668.962.26$24,446
May 202306,42370.622.23$14,307
Apr 20231923,96078.122.24$23,861
Mar 202305,34572.852.39$12,791
Feb 20231844,51575.112.47$24,953
Jan 202305,58076.533.39$18,903
Dec 202207,73376.415.73$44,303
Nov 202208,46485.005.65$47,789
Oct 202207,58887.185.86$44,494
Sep 20221867,88484.888.16$80,150
Aug 202208,38494.529.13$76,522
Jul 202207,661101.587.54$57,780
Jun 202200115.097.98$0
May 202205,574109.378.43$47,006
Apr 202204,532104.226.84$30,988
Mar 20221837,368108.885.08$57,328
Feb 202203,25991.054.86$15,835
Jan 202204,98781.844.54$22,629
Dec 20211945,74371.323.90$36,229
Nov 202106,14577.435.24$32,180
Oct 20211937,53579.795.71$58,453
Sep 202109,56869.865.35$51,198
Aug 20210066.024.22$0
Jul 2021073370.783.98$2,919
Jun 202104,88769.493.38$16,521
May 20211868,03863.483.02$36,063
Apr 202102,17360.362.76$5,994
Mar 20211924,98061.302.72$25,300
Feb 202103,71757.805.55$20,622
Jan 20211536,06550.412.81$24,757
Dec 2020146,16344.642.68$17,114
Nov 20206556,47438.772.71$42,917
Oct 2020345,49936.972.48$14,886
Sep 20202266,06937.091.99$20,466
Aug 20201946,29739.982.39$22,775
Jul 202006,38938.371.83$11,661
Jun 20201936,21734.901.69$17,244
May 202006,47816.921.81$11,756
Apr 20201936,28714.751.80$14,191
Mar 20201856,56630.341.86$17,801
Feb 20201916,19449.881.98$21,795
Jan 202006,65057.252.09$13,930
Dec 20191866,64959.012.30$26,298
Nov 201906,44855.302.75$17,737
Oct 20191656,70553.472.42$25,039
Sep 20191916,55255.052.66$27,925
Aug 201906,82353.112.30$15,723
Jul 20191916,58156.272.46$26,937
Jun 20191226,62752.782.49$22,948
May 20191926,16058.482.74$28,109
Apr 201906,62062.632.75$18,210
Mar 201907,20156.803.06$22,050
Feb 20191906,64950.852.79$28,227
Jan 20191787,33146.033.23$31,859
Dec 20181927,12646.594.19$38,771
Nov 201807,03052.934.24$29,788
Oct 20181908,95761.443.40$42,110
Sep 201807,04559.543.11$21,896
Aug 20181837,45859.403.07$33,741
Jul 20181846,59865.142.93$31,330
Jun 201806,81260.183.08$20,960
May 20181837,70665.382.90$34,318
Apr 20181927,57563.842.90$34,231
Mar 2018987,99261.222.79$28,272
Feb 20181777,46361.782.77$31,579
Jan 20181938,55362.874.01$46,426
Dec 201709,11857.272.92$26,638
Nov 20171918,03955.423.12$35,654
Oct 20171938,40649.292.98$34,594
Sep 201708,31947.523.09$25,683
Aug 20171888,30645.373.00$33,484
Jul 20171738,68943.873.09$34,415
Jun 20171918,63842.493.09$34,784
May 20171809,05545.373.26$37,717
Apr 20171909,11247.933.21$38,371
Mar 2017011,04546.772.98$32,955
Feb 20171943,05850.452.95$18,816
Jan 20171959,01249.413.42$40,445
Dec 201609,17248.763.72$34,146
Nov 201609,10242.492.64$24,069
Oct 20161829,74246.193.09$38,512
Sep 201609,30841.553.10$28,861
Aug 20161929,77741.442.92$36,548
Jul 20161849,53941.622.92$35,553
Jun 201618,91845.352.69$23,998
May 201638210,03542.521.99$36,223
Apr 201639,84836.561.99$19,717
Mar 201619110,36333.011.79$24,896
Feb 201619611,10626.472.06$28,107
Jan 20161757,66727.352.36$22,914
Dec 201525410,12332.362.00$28,480
Nov 20151959,80738.792.17$28,819
Oct 20151609,61743.552.43$30,304
Sep 20153709,18742.992.76$41,248
Aug 20151759,83740.162.87$35,285
Jul 20151719,77748.152.95$37,028
Jun 20153369,55056.152.88$46,398
May 20151339,64855.212.96$35,857
Apr 20151888,74249.822.71$33,027
Mar 20153607,47142.892.93$37,366
Feb 2015687,66644.662.98$25,852
Jan 20153719,59243.433.10$45,854
Dec 20141869,19954.693.59$43,209
Nov 20143579,28970.464.25$64,650
Oct 20141919,28578.303.90$51,176
Sep 20141848,85886.164.05$51,688
Aug 20141799,52789.394.04$54,443
Jul 20141829,86896.564.18$58,818
Jun 20143569,85698.164.74$81,632
May 201418410,44294.734.73$66,785
Apr 201436510,16795.944.81$83,912
Mar 201417910,94395.895.06$72,501
Feb 201436410,42597.406.19$100,005
Jan 201436711,40990.404.86$88,633
Dec 201318311,87291.824.35$68,499
Nov 201335211,61888.853.74$74,707
Oct 201318210,15197.423.78$56,095
Sep 201335711,761104.113.72$80,892
Aug 201335811,974104.253.52$79,501
Jul 201335910,618102.523.72$76,280
Jun 2013212,21494.403.93$48,231
May 2013011,15294.834.15$46,271
Apr 2013112,58393.964.28$53,982
Mar 201335613,14893.623.91$84,775
Feb 20131109,85491.233.42$43,735
Jan 201319613,54691.603.42$64,280
Dec 20121814,99186.773.42$32,775
Nov 201217010,38186.953.62$52,412
Oct 201237512,21389.383.40$75,038
Sep 201219512,98094.672.92$56,341
Aug 201233513,47992.662.91$70,240
Jul 201216413,85985.133.02$55,827
Jun 201236611,31679.822.52$57,720
May 201239015,60591.612.49$74,558
Apr 201219815,844101.652.00$51,764
Mar 201245714,627105.052.22$80,510
Feb 201238114,551101.102.57$75,919
Jan 201237215,15298.092.73$77,916
Dec 201138017,12696.873.24$92,294
Nov 201138516,82995.723.31$92,578
Oct 201137718,14184.983.65$98,226
Sep 201139219,78083.623.99$111,618
Aug 201156516,72283.404.15$116,506
Jul 201138819,78794.144.52$125,909
Jun 201138419,65392.904.64$126,861
May 201138821,68298.134.40$133,580
Apr 201153920,649105.964.33$146,590
Mar 201159219,45796.364.06$135,989
Feb 201120020,10085.644.18$101,146
Jan 201157923,43086.504.59$157,599
Dec 201058324,43485.734.35$156,214
Nov 201078824,85780.843.80$158,042
Oct 201059826,04878.103.51$138,103
Sep 201078923,24072.633.98$149,788
Aug 201094925,10473.684.42$180,866
Jul 201059526,27972.554.74$167,637
Jun 201098526,75570.364.91$200,682
May 201097229,24371.124.24$192,979
Apr 201078229,69381.694.12$186,297
Mar 20101,36833,13478.394.39$252,652
Feb 201098332,69073.585.44$250,240
Jan 20101,15239,51074.365.96$321,304
Dec 20091,29442,34671.445.48$324,658
Nov 20091,85146,42474.593.75$312,226
Oct 20092,25463,24572.544.11$423,458
Sep 20092,75475,99465.543.06$413,400
Aug 20094,07690,84467.423.22$567,185
Jul 20094,13387,43561.133.46$555,569
Jun 200937414,07266.163.90$79,554

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           180 bbl  × $106.41 =    $19,154
Gas                4,458 Mcf  × $  3.05 =    $13,578

────────────────────────────────────────────────────
Month total                                  $32,732

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/253564 is the state's own key, not one this site invented.