REED 2

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

Gas lease lease 264707District 10Field 331512002 tax incentive programmesCondensateGasSaveExport
Value, all time
$23.2 M
Aug 2011 – May 2026
Value, last 12 filed months
$469 k
at the published price for each month
Months reported
178
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 199 leases and 218 wells, and the rule below applies to all of them.

Discovered
2007-10-09
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 2014-02-04.

The Commission's schedule remark for this field reads: NO BETWEEN WELL SPACING.

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 Gas112012-10-11206377
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
CondensateDisposition174,769 bbl$13,443,575
GasProduction2,853,119 Mcf$9,805,403
Total$23,248,978

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 35.5453, -100.1850. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.54534, -100.18499 · 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
12,143 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 12,143 ft.

Completions filed
Aug 2011
1 of 1 wells

1 well

42-483331722H12,143 ftAug 2011

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 (178)

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

178 months

May 2026581262106.413.05$62,622
Apr 20261933,99598.932.87$30,558
Mar 20263813,87189.753.15$46,386
Feb 202637913763.503.75$24,580
Jan 20263873,65059.138.00$52,076
Dec 20254034,04956.664.41$40,704
Nov 20253743,55258.593.93$35,859
Oct 20253813,91459.383.30$35,559
Sep 20253804,38262.743.08$37,324
Aug 2025186063.933.01$11,891
Jul 20255774,97066.743.32$54,986
Jun 20251927,53666.483.13$36,342
May 20255756,86060.553.23$56,990
Apr 20253867,09662.363.54$49,213
Mar 20252287,21467.704.27$46,227
Feb 20254916,63870.884.34$63,617
Jan 20253207,15674.324.28$54,401
Dec 20246067,30468.993.12$64,606
Nov 20243837,20969.052.20$42,295
Oct 20243887,85071.372.28$45,601
Sep 20243886,55169.612.36$42,498
Aug 20243965,48175.632.06$41,260
Jul 20243807,07879.932.15$45,567
Jun 20244496,71778.082.63$52,750
May 20243805,53878.812.20$42,123
Apr 20244534,33784.451.66$45,452
Mar 20243832,61780.301.55$34,799
Feb 20243823,06676.091.78$34,535
Jan 20242104,02273.023.30$28,597
Dec 20235773,92071.262.61$51,351
Nov 20231914,12177.892.81$26,447
Oct 20233834,00585.443.09$45,088
Sep 20235938,45789.042.74$75,931
Aug 20231925,01980.522.67$28,875
Jul 20235905,37174.852.64$58,351
Jun 20231764,58868.962.26$22,499
May 20233475,10470.622.23$35,874
Apr 20239605,62878.122.24$87,589
Mar 202304,88372.852.39$11,686
Feb 20231893,97375.112.47$23,992
Jan 20235744,99076.533.39$60,833
Dec 20221955,63676.415.73$47,189
Nov 20225694,62985.005.65$74,501
Oct 20225776,67487.185.86$89,438
Sep 20222105,57084.888.16$63,297
Aug 20223985,45294.529.13$87,380
Jul 20223705,223101.587.54$76,977
Jun 20226404,143115.097.98$106,707
May 20222036,031109.378.43$73,062
Apr 20228147,113104.226.84$133,471
Mar 20224365,829108.885.08$77,062
Feb 20226535,34991.054.86$85,446
Jan 20224007,15581.844.54$65,203
Dec 20214046,71471.323.90$54,992
Nov 20213717,34977.435.24$67,212
Oct 20216898,07679.795.71$101,121
Sep 20213949,20769.865.35$76,791
Aug 20211794,54966.024.22$31,017
Jul 20215933,67170.783.98$56,591
Jun 20213773,75069.493.38$38,875
May 20211933,70263.483.02$23,423
Apr 20211973,73260.362.76$22,185
Mar 20213897,37961.302.72$43,894
Feb 202104,62957.805.55$25,681
Jan 20215734,96950.412.81$42,849
Dec 20203725,18144.642.68$30,468
Nov 20203834,64338.772.71$27,416
Oct 20204807,44536.972.48$36,198
Sep 20205667,75837.091.99$36,439
Aug 20201907,93439.982.39$26,520
Jul 20209117,81338.371.83$49,215
Jun 20201897,78034.901.69$19,747
May 20207437,89416.921.81$26,897
Apr 20205367,29014.751.80$21,060
Mar 20205727,02630.341.86$30,396
Feb 20203885,87149.881.98$30,982
Jan 20203876,09157.252.09$34,915
Dec 20193927,63659.012.30$40,728
Nov 20193807,43455.302.75$41,463
Oct 20195808,11753.472.42$50,644
Sep 20195628,29855.052.66$52,988
Aug 20195659,75253.112.30$52,479
Jul 20195609,93156.272.46$55,942
Jun 20193829,52952.782.49$43,901
May 20195629,97258.482.74$60,192
Apr 20197419,57562.632.75$72,747
Mar 20199189,79556.803.06$82,136
Feb 20193648,87250.852.79$43,282
Jan 20195579,95846.033.23$57,785
Dec 201854610,18646.594.19$68,071
Nov 201855710,08752.934.24$72,223
Oct 201854510,11161.443.40$67,843
Sep 20187297,55759.543.11$66,892
Aug 201855110,14859.403.07$63,849
Jul 201874011,26665.142.93$81,234
Jun 201818110,56760.183.08$43,406
May 20187386,55665.382.90$67,268
Apr 20185595,41663.842.90$51,397
Mar 201892912,06961.222.79$90,508
Feb 201856310,47161.782.77$63,746
Jan 201856511,77262.874.01$82,719
Dec 201756912,56357.272.92$69,290
Nov 201756412,76255.423.12$71,053
Oct 201755512,18449.292.98$63,709
Sep 201755411,39647.523.09$61,509
Aug 201754612,68345.373.00$62,877
Jul 201772612,66543.873.09$70,950
Jun 201791712,21742.493.09$76,681
May 201755313,18045.373.26$68,101
Apr 201755912,61147.933.21$67,294
Mar 201753713,62246.772.98$65,759
Feb 201775612,74950.452.95$75,783
Jan 201792913,84149.413.42$93,222
Dec 201656014,70948.763.72$82,065
Nov 201655613,45942.492.64$59,215
Oct 201691513,51446.193.09$84,026
Sep 201674113,57141.553.10$72,867
Aug 201673414,77341.442.92$73,618
Jul 201692514,73341.622.92$81,583
Jun 201674914,20345.352.69$72,114
May 20161,11314,67542.521.99$76,543
Apr 201674314,79336.561.99$56,618
Mar 201674315,85333.011.79$52,967
Feb 201675114,83626.472.06$50,495
Jan 20161,15315,95827.352.36$69,265
Dec 20151,11516,14732.362.00$68,398
Nov 201574216,15038.792.17$63,785
Oct 20151,10316,67543.552.43$88,499
Sep 201573916,31242.992.76$76,765
Aug 201588117,36140.162.87$85,250
Jul 20151,06518,00148.152.95$104,294
Jun 20151,05617,68856.152.88$110,286
May 20151,09818,51355.212.96$115,335
Apr 20151,08318,35149.822.71$103,623
Mar 201589119,89142.892.93$96,589
Feb 201591018,09444.662.98$94,492
Jan 20151,10720,77643.433.10$112,496
Dec 20141,09621,30254.693.59$136,443
Nov 20141,10821,80870.464.25$170,794
Oct 20141,24922,82878.303.90$186,848
Sep 201496122,74986.164.05$174,829
Aug 20141,53024,30689.394.04$234,844
Jul 20141,12425,07496.564.18$213,333
Jun 20141,34824,23098.164.74$247,094
May 20141,31726,59494.734.73$250,458
Apr 20141,75825,38095.944.81$290,718
Mar 20141,69528,84595.895.06$308,397
Feb 20141,55925,49197.406.19$309,687
Jan 20141,53326,33090.404.86$266,566
Dec 20132,14627,26791.824.35$315,779
Nov 20131,14331,12988.853.74$217,924
Oct 20131,84533,66497.423.78$306,968
Sep 20131,82833,718104.113.72$315,668
Aug 20132,78334,959104.253.52$413,275
Jul 20132,03036,610102.523.72$344,222
Jun 20131,99236,46094.403.93$331,457
May 20133,05740,73294.834.15$458,896
Apr 20132,18241,91793.964.28$384,534
Mar 20133,26746,72093.623.91$488,666
Feb 20132,82646,95091.233.42$418,381
Jan 20134,29051,17391.603.42$567,971
Dec 20122,60858,43886.773.42$426,163
Nov 20121,92737,27586.953.62$302,673
Oct 20121,00726,77889.383.40$181,042
Sep 20121,39826,41994.672.92$209,450
Aug 201263628,92992.662.91$143,062
Jul 20121,37931,63485.133.02$212,954
Jun 20121,80033,17179.822.52$227,235
May 20121,67633,59991.612.49$237,143
Apr 20121,87244,165101.652.00$278,477
Mar 20121,48019,005105.052.22$197,705
Feb 20122,28043,444101.102.57$342,170
Jan 20124,20854,00198.092.73$560,406
Dec 20113,62464,33796.873.24$559,492
Nov 20115,65275,06295.723.31$789,561
Oct 20119,188100,22584.983.65$1,146,471
Sep 201111,791178,71183.623.99$1,698,270
Aug 20112,04752,73883.404.15$389,547

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           581 bbl  × $106.41 =    $61,824
Gas                  262 Mcf  × $  3.05 =       $798

────────────────────────────────────────────────────
Month total                                  $62,622

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/264707 is the state's own key, not one this site invented.