REED 2

Operated by UNBRIDLED RESOURCES, LLC (P-5 875461) in the MILLS 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 272261District 10Field 616912352 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.1 M
Oct 2012 – May 2026
Value, last 12 filed months
$182 k
at the published price for each month
Months reported
164
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 274 leases and 400 wells, and the rule below applies to all of them.

Discovered
2010-02-23
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 20 acres. The field rule took effect on 2013-07-09.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET #01-0299858.

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 Gas112017-06-16217782
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
CondensateDisposition108,306 bbl$8,858,312
GasProduction632,472 Mcf$2,216,222
Total$11,074,534

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 35.5457, -100.1855. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.54570, -100.18548 · 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
10,686 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 10,686 ft.

Completions filed
Nov 2012
1 of 1 wells

1 well

42-483335339H10,686 ftNov 2012

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 (164)

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

164 months

May 20260662106.413.05$2,016
Apr 20261892,51298.932.87$25,907
Mar 202602,46789.753.15$7,770
Feb 202619254863.503.75$14,247
Jan 202602,35659.138.00$18,843
Dec 202502,02456.664.41$8,933
Nov 202501,77658.593.93$6,973
Oct 202501,95759.383.30$6,468
Sep 20251522,19162.743.08$16,278
Aug 2025012,36963.933.01$37,290
Jul 20251922,48566.743.32$21,052
Jun 202519297066.483.13$15,799
May 2025089260.553.23$2,883
Apr 2025088162.363.54$3,121
Mar 202519193967.704.27$16,939
Feb 2025078170.884.34$3,390
Jan 202510362474.324.28$10,325
Dec 202413776168.993.12$11,827
Nov 2024067569.052.20$1,484
Oct 202416279771.372.28$13,380
Sep 20241401,60069.612.36$13,528
Aug 202412283175.632.06$10,942
Jul 2024088579.932.15$1,900
Jun 202419391178.082.63$17,469
May 202417560978.812.20$15,131
Apr 2024041084.451.66$680
Mar 202419389180.301.55$16,875
Feb 202401,44176.091.78$2,570
Jan 20241941,07373.023.30$17,704
Dec 20232671,75271.262.61$23,600
Nov 202301,78977.892.81$5,023
Oct 20231901,89185.443.09$22,072
Sep 2023190089.042.74$16,918
Aug 2023066180.522.67$1,767
Jul 202319362974.852.64$16,108
Jun 2023085568.962.26$1,931
May 2023079570.622.23$1,771
Apr 202319168778.122.24$16,458
Mar 2023097672.852.39$2,336
Feb 2023065375.112.47$1,610
Jan 202319227776.533.39$15,632
Dec 2022194076.415.73$14,824
Nov 2022094285.005.65$5,319
Oct 2022059187.185.86$3,465
Sep 2022068384.888.16$5,576
Aug 202229874794.529.13$34,985
Jul 202201,050101.587.54$7,919
Jun 20221910115.097.98$21,982
May 20220965109.378.43$8,138
Apr 2022186979104.226.84$26,079
Mar 2022189871108.885.08$25,000
Feb 2022588691.054.86$4,760
Jan 20222121,04481.844.54$22,087
Dec 202101,01971.323.90$3,973
Nov 202120196477.435.24$20,612
Oct 202101,33279.795.71$7,611
Sep 20211942,08869.865.35$24,726
Aug 20212052,16866.024.22$22,684
Jul 20212052,12170.783.98$22,956
Jun 20211932,56769.493.38$22,090
May 20211932,87363.483.02$20,921
Apr 20211992,60260.362.76$19,189
Mar 202101,18161.302.72$3,209
Feb 202102,14657.805.55$11,906
Jan 20211891,80550.412.81$14,600
Dec 202001,47944.642.68$3,957
Nov 20201901,84038.772.71$12,346
Oct 20202811,51136.972.48$14,133
Sep 202001,08937.091.99$2,168
Aug 20201901,32539.982.39$10,756
Jul 20201931,61338.371.83$10,349
Jun 202001,17634.901.69$1,988
May 20203751,33216.921.81$8,762
Apr 20201872,53514.751.80$7,332
Mar 20201963,39830.341.86$12,254
Feb 202001,42749.881.98$2,826
Jan 202005657.252.09$117
Dec 201901,01859.012.30$2,346
Nov 20193852,84955.302.75$29,127
Oct 20191861,24053.472.42$12,944
Sep 201901,00555.052.66$2,671
Aug 20191891,07653.112.30$12,517
Jul 20191851,41456.272.46$13,888
Jun 20191902,15752.782.49$15,402
May 20191782,16458.482.74$16,339
Apr 20193681,34762.632.75$26,753
Mar 20193632,07656.803.06$26,975
Feb 201901,74050.852.79$4,858
Jan 20191861,49646.033.23$13,391
Dec 20181821,95146.594.19$16,645
Nov 20181901,81152.934.24$17,730
Oct 20183693,67461.443.40$35,156
Sep 20183634,30759.543.11$34,999
Aug 20181867,38859.403.07$33,704
Jul 2018371065.142.93$24,167
Jun 201804,94660.183.08$15,218
May 201804,26465.382.90$12,369
Apr 20181805,06063.842.90$26,169
Mar 20181892,87861.222.79$19,591
Feb 20181871,33961.782.77$15,257
Jan 20181891,73262.874.01$18,827
Dec 20171873,23457.272.92$20,158
Nov 20173714,15255.423.12$33,508
Oct 20173683,34349.292.98$28,113
Sep 20171863,21147.523.09$18,752
Aug 20173643,40645.373.00$26,748
Jul 20173633,51643.873.09$26,780
Jun 20173693,50542.493.09$26,500
May 20171821,47545.373.26$13,071
Apr 20171872,94947.933.21$18,434
Mar 20173743,04546.772.98$26,577
Feb 20171912,60950.452.95$17,339
Jan 20173652,33649.413.42$26,021
Dec 20161842,77348.763.72$19,295
Nov 20161803,02742.492.64$15,653
Oct 20163603,73246.193.09$28,161
Sep 20161843,75541.553.10$19,288
Aug 20163683,91541.442.92$26,699
Jul 20163604,08241.622.92$26,920
Jun 20163603,97645.352.69$27,005
May 20163724,13542.521.99$24,050
Apr 20161884,17136.561.99$15,178
Mar 20165624,44933.011.79$26,533
Feb 20161874,06426.472.06$13,336
Jan 20165574,33227.352.36$25,476
Dec 20153724,48732.362.00$21,018
Nov 20153624,54038.792.17$23,882
Oct 20157274,94243.552.43$43,653
Sep 201502,71442.992.76$7,486
Aug 20155124,13240.162.87$32,431
Jul 20155304,85748.152.95$39,824
Jun 20153524,85356.152.88$33,755
May 20155394,85855.212.96$44,116
Apr 201505,02149.822.71$13,590
Mar 201590366842.892.93$40,690
Feb 201553151444.662.98$25,244
Jan 20153786,04143.433.10$35,147
Dec 20145405,68654.693.59$49,953
Nov 20149146,18970.464.25$90,715
Oct 20147296,13078.303.90$80,994
Sep 20145596,06486.164.05$72,695
Aug 20147285,82489.394.04$88,576
Jul 20147576,36696.564.18$99,703
Jun 20149196,14498.164.74$119,312
May 20141,1496,65694.734.73$140,305
Apr 20141,1716,67595.944.81$144,447
Mar 20147568,15495.895.06$113,726
Feb 20141,1527,85797.406.19$160,855
Jan 20149588,22090.404.86$126,558
Dec 20131,10811,11391.824.35$150,128
Nov 20131,3159,66188.853.74$152,953
Oct 20131,43410,38797.423.78$178,956
Sep 20131,60310,549104.113.72$206,107
Aug 20132,14511,314104.253.52$263,471
Jul 20131,78712,443102.523.72$229,463
Jun 20132,44013,05494.403.93$281,683
May 20133,04113,54794.834.15$344,586
Apr 20132,75412,17793.964.28$310,915
Mar 20133,8928,33993.623.91$396,998
Feb 20135,90222,92091.233.42$616,824
Jan 20136,32215,29791.603.42$631,410
Dec 201211,61840,92286.773.42$1,148,054
Nov 201227,18059,16286.953.62$2,577,761
Oct 201263,18389.383.40$11,357

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                  662 Mcf  × $  3.05 =     $2,016

────────────────────────────────────────────────────
Month total                                   $2,016

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/272261 is the state's own key, not one this site invented.