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 279998District 10Field 331512002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
May 2014 – May 2026
Value, last 12 filed months
$133 k
at the published price for each month
Months reported
145
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 Gas112016-10-06219296
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
CondensateDisposition26,770 bbl$1,560,825
GasProduction402,975 Mcf$1,261,473
Total$2,822,298

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, -100.1981. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.54533, -100.19812 · 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
12,016 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 12,016 ft.

Completions filed
Aug 2011
1 of 1 wells

1 well

42-483331733H12,016 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 (145)

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

145 months

May 2026149130106.413.05$16,251
Apr 2026079698.932.87$2,284
Mar 202611062189.753.15$11,828
Feb 20261731,61563.503.75$17,042
Jan 2026096959.138.00$7,750
Dec 202519594956.664.41$15,237
Nov 2025088858.593.93$3,487
Oct 20251921,15159.383.30$15,205
Sep 202501,16662.743.08$3,588
Aug 20251751,73063.933.01$16,403
Jul 20251881,47266.743.32$17,427
Jun 202501,97466.483.13$6,176
May 20251752,03960.553.23$17,187
Apr 20251922,09662.363.54$19,400
Mar 20251892,09767.704.27$21,746
Feb 20251331,59470.884.34$16,346
Jan 202532,14374.324.28$9,392
Dec 20241872,19268.993.12$19,743
Nov 20241943,36669.052.20$20,796
Oct 202433,43571.372.28$8,051
Sep 20241523,42069.612.36$18,667
Aug 20241923,62075.632.06$21,991
Jul 2024813,19779.932.15$13,337
Jun 20241472,26778.082.63$17,449
May 20241592,50178.812.20$18,029
Apr 20241722,63784.451.66$18,901
Mar 20241943,20280.301.55$20,526
Feb 20241932,52476.091.78$19,187
Jan 20241971,26973.023.30$18,570
Dec 20231911,71571.262.61$18,088
Nov 20231931,85177.892.81$20,230
Oct 202301,42085.443.09$4,384
Sep 20231942,39289.042.74$23,816
Aug 202302,09280.522.67$5,592
Jul 20231972,33474.852.64$20,911
Jun 20231932,24268.962.26$18,373
May 20231892,53370.622.23$18,989
Apr 202312,23378.122.24$5,075
Mar 20231951,99872.852.39$18,987
Feb 20231921,38875.112.47$17,843
Jan 20231911,59776.533.39$20,027
Dec 20221931,35776.415.73$22,521
Nov 202201,81085.005.65$10,220
Oct 202202,56987.185.86$15,064
Sep 20222102,36284.888.16$37,107
Aug 20221971,54594.529.13$32,722
Jul 20221851,421101.587.54$29,510
Jun 20221920115.097.98$22,097
May 20221861,631109.378.43$34,097
Apr 20220422104.226.84$2,885
Mar 20220312108.885.08$1,584
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20211911,85870.783.98$20,918
Jun 202103,42569.493.38$11,579
May 20211991,07663.483.02$15,880
Apr 20212013,77460.362.76$22,543
Mar 202106,83861.302.72$18,578
Feb 202103,91857.805.55$21,737
Jan 20211893,78750.412.81$20,170
Dec 20201883,44544.642.68$17,609
Nov 20204583,38638.772.71$26,921
Oct 20202473,28936.972.48$17,283
Sep 2020942,99337.091.99$9,446
Aug 20201923,29439.982.39$15,533
Jul 20203693,17938.371.83$19,961
Jun 20201923,16534.901.69$12,051
May 20202723,32016.921.81$10,627
Apr 20201863,02614.751.80$8,204
Mar 20203783,36730.341.86$17,718
Feb 202003,22749.881.98$6,392
Jan 20201973,23357.252.09$18,051
Dec 20191954,76359.012.30$22,483
Nov 201902,84955.302.75$7,837
Oct 20191912,66553.472.42$16,658
Sep 20191852,43955.052.66$16,665
Aug 2019084053.112.30$1,936
Jul 201909656.272.46$236
Jun 201917614252.782.49$9,643
May 2019017558.482.74$480
Apr 2019019562.632.75$536
Mar 2019019856.803.06$606
Feb 201918722550.852.79$10,137
Jan 2019020346.033.23$655
Dec 2018026546.594.19$1,109
Nov 2018032952.934.24$1,394
Oct 2018027061.443.40$917
Sep 2018027459.543.11$852
Aug 201808559.403.07$261
Jul 20181826865.142.93$12,055
Jun 201808860.183.08$271
May 2018050065.382.90$1,450
Apr 201818695163.842.90$14,633
Mar 201802,21461.222.79$6,170
Feb 20181822,66361.782.77$18,610
Jan 20181923,36162.874.01$25,546
Dec 20173763,84957.272.92$32,778
Nov 20171853,89155.423.12$22,386
Oct 20171853,94549.292.98$20,889
Sep 20173753,65847.523.09$29,113
Aug 20171833,77345.373.00$19,638
Jul 20171823,94643.873.09$20,167
Jun 20173613,91842.493.09$27,435
May 20171844,15445.373.26$21,904
Apr 20171833,91047.933.21$21,329
Mar 20173704,24246.772.98$29,962
Feb 20171903,81650.452.95$20,853
Jan 20173654,07949.413.42$31,980
Dec 20161864,22148.763.72$24,783
Nov 20163714,13942.492.64$26,709
Oct 20161894,23146.193.09$21,805
Sep 20163653,65041.553.10$26,483
Aug 20163643,74641.442.92$26,039
Jul 20161833,70441.622.92$18,448
Jun 20163663,46745.352.69$25,910
May 20163723,46342.521.99$22,712
Apr 20161853,45836.561.99$13,649
Mar 20161833,54533.011.79$12,401
Feb 20163713,40426.472.06$16,845
Jan 20161884,33327.352.36$15,387
Dec 20153724,67532.362.00$21,395
Nov 20151845,15138.792.17$18,301
Oct 20155515,24443.552.43$36,721
Sep 20153825,05142.992.76$30,355
Aug 20151805,09140.162.87$21,853
Jul 20155365,52648.152.95$42,083
Jun 20153485,53956.152.88$35,508
May 20155435,43455.212.96$46,039
Apr 20155435,69849.822.71$42,474
Mar 20151776,40642.892.93$26,391
Feb 20155475,70144.662.98$41,396
Jan 20155496,15443.433.10$42,924
Dec 20143657,53954.693.59$47,037
Nov 20145657,40670.464.25$71,299
Oct 20143697,38678.303.90$57,705
Sep 20144386,51586.164.05$64,094
Aug 20143827,56189.394.04$64,657
Jul 20145778,09596.564.18$89,549
Jun 20145678,59998.164.74$96,389
May 20142607,92094.734.73$62,064

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           149 bbl  × $106.41 =    $15,855
Gas                  130 Mcf  × $  3.05 =       $396

────────────────────────────────────────────────────
Month total                                  $16,251

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/279998 is the state's own key, not one this site invented.