REED

Operated by PRESIDIO PETROLEUM LLC (P-5 676084) in the ALLISON-BRITT (12350) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 268652District 10Field 018125002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Jan 2013 – May 2026
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
161
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 112 leases and 112 wells, and the rule below applies to all of them.

Discovered
1979-10-16
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 2013-02-12.

The Commission's schedule remark for this field reads: SUSPENDED.

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 Gas112013-10-21211591
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
CondensateDisposition5,820 bbl$403,459
GasProduction287,501 Mcf$1,007,042
Total$1,410,500

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 35.5572, -100.0268. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.55723, -100.02680 · 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
16,400 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 16,400 ft.

Completions filed
Jan 2013
1 of 1 wells

1 well

42-483310251A16,400 ftJan 2013

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 (161)

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

161 months

May 202601,090106.413.05$3,320
Apr 202601,35498.932.87$3,886
Mar 202601,08889.753.15$3,427
Feb 2026083263.503.75$3,120
Jan 2026067159.138.00$5,367
Dec 2025076856.664.41$3,389
Nov 2025076458.593.93$3,000
Oct 2025063659.383.30$2,102
Sep 2025069262.743.08$2,129
Aug 2025081863.933.01$2,466
Jul 2025079666.743.32$2,639
Jun 2025060166.483.13$1,880
May 20252658860.553.23$3,475
Apr 2025056162.363.54$1,988
Mar 2025057067.704.27$2,433
Feb 2025048970.884.34$2,123
Jan 2025054574.324.28$2,332
Dec 2024055868.993.12$1,742
Nov 2024054569.052.20$1,198
Oct 2024059471.372.28$1,355
Sep 2024061269.612.36$1,447
Aug 2024061675.632.06$1,271
Jul 202412460479.932.15$11,208
Jun 2024058578.082.63$1,541
May 2024060478.812.20$1,328
Apr 2024061784.451.66$1,024
Mar 2024069880.301.55$1,079
Feb 20240076.091.78$0
Jan 202401,43273.023.30$4,722
Dec 202301,02471.262.61$2,673
Nov 2023074077.892.81$2,078
Oct 202316968585.443.09$16,554
Sep 2023059089.042.74$1,614
Aug 2023060180.522.67$1,606
Jul 2023059774.852.64$1,577
Jun 2023057968.962.26$1,308
May 2023059470.622.23$1,323
Apr 202319358678.122.24$16,388
Mar 2023061772.852.39$1,477
Feb 2023056775.112.47$1,398
Jan 2023062676.533.39$2,121
Dec 2022073576.415.73$4,211
Nov 2022074585.005.65$4,206
Oct 2022095487.185.86$5,594
Sep 2022085084.888.16$6,939
Aug 2022050894.529.13$4,637
Jul 20220675101.587.54$5,091
Jun 2022188656115.097.98$26,870
May 20220648109.378.43$5,465
Apr 20220670104.226.84$4,581
Mar 20220735108.885.08$3,731
Feb 2022075091.054.86$3,644
Jan 2022085581.844.54$3,880
Dec 202111693171.323.90$11,903
Nov 202101,04477.435.24$5,467
Oct 202101,15979.795.71$6,622
Sep 202101,06069.865.35$5,672
Aug 202101,11866.024.22$4,719
Jul 202101,16870.783.98$4,651
Jun 2021751,24869.493.38$9,431
May 202101,33763.483.02$4,035
Apr 202101,39060.362.76$3,834
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020501,49244.642.68$6,224
Nov 202001,25838.772.71$3,405
Oct 2020079936.972.48$1,980
Sep 202016382237.091.99$7,682
Aug 2020096039.982.39$2,290
Jul 202001,17738.371.83$2,148
Jun 202001,15134.901.69$1,946
May 202001,17116.921.81$2,125
Apr 202001,22014.751.80$2,201
Mar 20201791,22030.341.86$7,695
Feb 202001,03149.881.98$2,042
Jan 202001,23857.252.09$2,593
Dec 201901,24659.012.30$2,871
Nov 201901,20355.302.75$3,309
Oct 201901,38653.472.42$3,352
Sep 20191081,26255.052.66$9,299
Aug 2019087853.112.30$2,023
Jul 2019090856.272.46$2,234
Jun 2019095252.782.49$2,372
May 201901,08358.482.74$2,968
Apr 201901,04962.632.75$2,885
Mar 20191161,15856.803.06$10,135
Feb 201901,07250.852.79$2,993
Jan 201901,21246.033.23$3,913
Dec 201801,25946.594.19$5,269
Nov 201801,18452.934.24$5,017
Oct 20181141,27961.443.40$11,350
Sep 201801,30959.543.11$4,068
Aug 201801,38559.403.07$4,247
Jul 20181881,36965.142.93$16,260
Jun 201801,15360.183.08$3,548
May 201801,34465.382.90$3,899
Apr 201801,52563.842.90$4,424
Mar 201801,61561.222.79$4,501
Feb 201801,56961.782.77$4,340
Jan 2018871,66162.874.01$12,129
Dec 201701,68857.272.92$4,932
Nov 201701,63755.423.12$5,105
Oct 20171901,71049.292.98$14,467
Sep 201701,63047.523.09$5,032
Aug 201701,71745.373.00$5,159
Jul 201701,62743.873.09$5,023
Jun 201701,62142.493.09$5,004
May 20171871,69945.373.26$14,029
Apr 201701,67147.933.21$5,367
Mar 201701,59546.772.98$4,759
Feb 201701,57750.452.95$4,656
Jan 20171421,78349.413.42$13,112
Dec 201601,99148.763.72$7,412
Nov 201601,86142.492.64$4,921
Oct 201601,93846.193.09$5,989
Sep 20161691,87041.553.10$12,820
Aug 201601,92741.442.92$5,635
Jul 201601,95141.622.92$5,705
Jun 20161841,90345.352.69$13,456
May 201601,97642.521.99$3,934
Apr 201601,98036.561.99$3,942
Mar 201602,09033.011.79$3,749
Feb 20161882,23626.472.06$9,591
Jan 201602,34527.352.36$5,544
Dec 201502,31032.362.00$4,623
Nov 20151872,36538.792.17$12,379
Oct 201502,46343.552.43$5,977
Sep 201502,30242.992.76$6,350
Aug 201502,42340.162.87$6,960
Jul 20151882,45848.152.95$16,291
Jun 20151592,01856.152.88$14,745
May 201502,28255.212.96$6,744
Apr 201502,56549.822.71$6,942
Mar 201502,65942.892.93$7,803
Feb 201502,53744.662.98$7,551
Jan 20151963,25143.433.10$18,592
Dec 201403,09854.693.59$11,126
Nov 201402,87770.464.25$12,233
Oct 20141903,15778.303.90$27,192
Sep 201402,99086.164.05$12,096
Aug 201403,12789.394.04$12,618
Jul 201403,37096.564.18$14,085
Jun 20141843,21498.164.74$33,286
May 20141823,49994.734.73$33,779
Apr 201403,43995.944.81$16,539
Mar 201403,61195.895.06$18,260
Feb 201403,79997.406.19$23,523
Jan 20143764,01590.404.86$53,506
Dec 201303,81591.824.35$16,612
Nov 20131824,53588.853.74$33,124
Oct 201304,79897.423.78$18,133
Sep 201304,771104.113.72$17,737
Aug 201304,847104.253.52$17,074
Jul 20131793,571102.523.72$31,627
Jun 201305,59194.403.93$21,992
May 20131795,67294.834.15$40,508
Apr 20131828,22693.964.28$52,329
Mar 201336012,38693.623.91$82,168
Feb 201312014,10491.233.42$59,182
Jan 2013010,36391.603.42$35,441

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             0 bbl  × $106.41 =         $0
Gas                1,090 Mcf  × $  3.05 =     $3,320

────────────────────────────────────────────────────
Month total                                   $3,320

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/268652 is the state's own key, not one this site invented.