REED 101

Operated by UPP OPERATING, LLC (P-5 875310) in the SAWYER (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148088District 7CField 812673332 tax incentive programmesCondensateGasSaveExport
Value, all time
$960 k
Dec 1993 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
390
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 6,629 leases and 6,629 wells, and the rule below applies to all of them.

Discovered
1967-07-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,000 ft
minimum
From a lease line
500 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2003-06-24.

The Commission's schedule remark for this field reads: FIELD PER ORDER 7C-0234582 6/2403

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 Gas111994-08-12130456
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
CondensateDisposition603 bbl$27,686
GasProduction312,614 Mcf$932,752
Total$960,438

101,971 Mcf of this lease's gas, across 37 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 30.4352, -100.6653. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.43516, -100.66525 · 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
100.0%
1 of 1 wells
Median depth
6,496 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 6,496 ft.

Completions filed
Dec 1993
1 of 1 wells
Plug dates filed
Jul 1987
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4353333176,496 ftDec 1993Jul 1987

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 (390)

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

390 months

May 20260151106.413.05$460
Apr 2026011098.932.87$316
Mar 2026013589.753.15$425
Feb 2026012863.503.75$480
Jan 2026014459.138.00$1,152
Dec 2025013956.664.41$613
Nov 2025011858.593.93$463
Oct 2025011359.383.30$373
Sep 2025011662.743.08$357
Aug 2025012063.933.01$362
Jul 2025012166.743.32$401
Jun 2025012866.483.13$400
May 2025014160.553.23$456
Apr 2025013562.363.54$478
Mar 2025015867.704.27$674
Feb 2025014670.884.34$634
Jan 2025016074.324.28$685
Dec 2024016668.993.12$518
Nov 2024015269.052.20$334
Oct 2024016071.372.28$365
Sep 2024015669.612.36$369
Aug 2024016675.632.06$343
Jul 2024016779.932.15$358
Jun 2024016878.082.63$443
May 2024017878.812.20$391
Apr 2024018784.451.66$310
Mar 2024018880.301.55$290
Feb 2024018476.091.78$328
Jan 2024019473.023.30$640
Dec 2023020571.262.61$535
Nov 2023018877.892.81$528
Oct 2023019885.443.09$611
Sep 2023018889.042.74$514
Aug 2023020280.522.67$540
Jul 2023020174.852.64$531
Jun 2023019468.962.26$438
May 2023020370.622.23$452
Apr 2023020378.122.24$454
Mar 2023021472.852.39$512
Feb 2023019475.112.47$478
Jan 2023020476.533.39$691
Dec 2022022976.415.73$1,312
Nov 2022022185.005.65$1,248
Oct 2022023187.185.86$1,355
Sep 2022023284.888.16$1,894
Aug 2022024194.529.13$2,200
Jul 20220238101.587.54$1,795
Jun 20220228115.097.98$1,819
May 20220245109.378.43$2,066
Apr 20220234104.226.84$1,600
Mar 20220249108.885.08$1,264
Feb 2022023091.054.86$1,118
Jan 2022025781.844.54$1,166
Dec 2021025671.323.90$998
Nov 2021024877.435.24$1,299
Oct 2021026279.795.71$1,497
Sep 2021025969.865.35$1,386
Aug 2021026666.024.22$1,123
Jul 2021026870.783.98$1,067
Jun 2021025469.493.38$859
May 2021024263.483.02$730
Apr 2021049460.362.76$1,363
Mar 2021027761.302.72$753
Feb 2021026557.805.55$1,470
Jan 2021028850.412.81$809
Dec 2020027844.642.68$744
Nov 2020027038.772.71$731
Oct 2020034136.972.48$845
Sep 2020030237.091.99$601
Aug 2020046239.982.39$1,102
Jul 2020025038.371.83$456
Jun 2020024234.901.69$409
May 2020044616.921.81$809
Apr 2020024314.751.80$438
Mar 2020024630.341.86$457
Feb 2020024449.881.98$483
Jan 2020026657.252.09$557
Dec 2019026559.012.30$611
Nov 2019026255.302.75$721
Oct 2019027953.472.42$675
Sep 2019028455.052.66$755
Aug 2019030053.112.30$691
Jul 2019029056.272.46$713
Jun 2019028552.782.49$710
May 2019030458.482.74$833
Apr 2019030062.632.75$825
Mar 2019032356.803.06$989
Feb 2019029550.852.79$824
Jan 2019032446.033.23$1,046
Dec 2018038746.594.19$1,620
Nov 2018019452.934.24$822
Oct 2018033661.443.40$1,142
Sep 2018033559.543.11$1,041
Aug 2018036559.403.07$1,119
Jul 2018036365.142.93$1,064
Jun 2018036060.183.08$1,108
May 2018038165.382.90$1,105
Apr 2018039063.842.90$1,131
Mar 2018034861.222.79$970
Feb 2018026961.782.77$744
Jan 2018030962.874.01$1,239
Dec 2017035657.272.92$1,040
Nov 2017943455.423.12$1,852
Oct 2017232649.292.98$1,071
Sep 2017127947.523.09$909
Aug 2017028845.373.00$865
Jul 2017029243.873.09$901
Jun 2017028642.493.09$883
May 2017130345.373.26$1,034
Apr 2017128747.933.21$970
Mar 2017130446.772.98$954
Feb 2017228250.452.95$934
Jan 2017132549.413.42$1,161
Dec 2016036448.763.72$1,355
Nov 2016246942.492.64$1,325
Oct 2016140546.193.09$1,298
Sep 2016128441.553.10$922
Aug 2016135641.442.92$1,083
Jul 2016137541.622.92$1,138
Jun 2016128445.352.69$808
May 2016129342.521.99$626
Apr 2016228036.561.99$631
Mar 2016128933.011.79$551
Feb 2016126926.472.06$582
Jan 2016128527.352.36$701
Dec 2015128732.362.00$607
Nov 2015129138.792.17$669
Oct 2015130843.552.43$791
Sep 2015229042.992.76$886
Aug 2015129940.162.87$899
Jul 2015129748.152.95$923
Jun 2015229056.152.88$948
May 2015129255.212.96$918
Apr 2015228149.822.71$860
Mar 2015128842.892.93$888
Feb 2015125344.662.98$798
Jan 2015128843.433.10$936
Dec 2014227654.693.59$1,101
Nov 2014127470.464.25$1,235
Oct 2014229978.303.90$1,323
Sep 2014129986.164.05$1,296
Aug 2014132089.394.04$1,381
Jul 2014136796.564.18$1,630
Jun 2014130898.164.74$1,557
May 2014234894.734.73$1,834
Apr 2014234295.944.81$1,837
Mar 2014128295.895.06$1,522
Feb 2014129597.406.19$1,924
Jan 2014132790.404.86$1,680
Dec 2013234091.824.35$1,664
Nov 2013132588.853.74$1,304
Oct 2013237997.423.78$1,627
Sep 20133369104.113.72$1,684
Aug 20131384104.253.52$1,457
Jul 20132402102.523.72$1,700
Jun 2013238094.403.93$1,684
May 2013140594.834.15$1,775
Apr 2013339793.964.28$1,982
Mar 2013340893.623.91$1,877
Feb 2013239291.233.42$1,523
Jan 2013343791.603.42$1,769
Dec 2012233786.773.42$1,326
Nov 2012232786.953.62$1,359
Oct 2012133389.383.40$1,221
Sep 2012134194.672.92$1,090
Aug 2012136292.662.91$1,145
Jul 2012238485.133.02$1,330
Jun 2012139579.822.52$1,075
May 2012241291.612.49$1,208
Apr 20121353101.652.00$807
Mar 20121419105.052.22$1,036
Feb 20121253101.102.57$751
Jan 2012129298.092.73$896
Dec 2011129296.873.24$1,043
Nov 2011132095.723.31$1,155
Oct 2011228984.983.65$1,224
Sep 2011129183.623.99$1,243
Aug 2011132583.404.15$1,432
Jul 2011132594.144.52$1,562
Jun 2011128192.904.64$1,397
May 2011131698.134.40$1,490
Apr 20111315105.964.33$1,471
Mar 2011236496.364.06$1,670
Feb 2011131985.644.18$1,419
Jan 2011236386.504.59$1,839
Dec 2010136485.734.35$1,668
Nov 2010140480.843.80$1,614
Oct 2010240878.103.51$1,588
Sep 2010141572.633.98$1,724
Aug 2010140373.684.42$1,855
Jul 2010142072.554.74$2,062
Jun 2010140770.364.91$2,069
May 2010145371.124.24$1,990
Apr 2010149281.694.12$2,110
Mar 2010250778.394.39$2,382
Feb 2010233973.585.44$1,992
Jan 2010244674.365.96$2,809
Dec 2009242771.445.48$2,484
Nov 2009274574.593.75$2,944
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009243767.423.22$1,541
Jul 2009250461.133.46$1,868
Jun 2009135466.163.90$1,445
May 2009140554.743.93$1,645
Apr 2009134946.773.59$1,299
Mar 2009138542.144.06$1,605
Feb 2009136532.814.63$1,724
Jan 2009243535.865.37$2,408
Dec 2008247337.105.98$2,901
Nov 2008245855.496.86$3,253
Oct 2008248275.246.92$3,487
Sep 20082358101.767.88$3,024
Aug 20081440114.228.48$3,847
Jul 20082418131.0811.39$5,023
Jun 20082463131.3313.03$6,297
May 20082532123.1711.57$6,404
Apr 20081511110.3110.45$5,453
Mar 20081538101.909.66$5,301
Feb 2008252492.538.77$4,781
Jan 2008152590.388.21$4,398
Dec 2007152688.337.30$3,929
Nov 2007251991.677.29$3,968
Oct 2007155782.856.92$3,938
Sep 2007259775.846.24$3,879
Aug 2007273569.066.39$4,833
Jul 2007176070.906.39$4,926
Jun 2007175162.007.55$5,731
May 200721,21158.747.85$9,619
Apr 2007183259.617.81$6,554
Mar 2007086356.927.30$6,302
Feb 2007035955.108.22$2,950
Jan 2007161750.306.73$4,201
Dec 2006163656.656.92$4,457
Nov 2006253154.207.62$4,153
Oct 2006133554.906.01$2,070
Sep 2006250560.085.04$2,664
Aug 2006247368.717.34$3,609
Jul 2006289069.376.34$5,784
Jun 2006387966.286.38$5,810
May 2006376166.016.42$5,087
Apr 2006473264.397.36$5,645
Mar 2006577956.707.08$5,801
Feb 2006285457.597.75$6,735
Jan 200651,12060.598.93$10,308
Dec 200551,09854.9413.42$15,005
Nov 200551,08254.6910.59$11,730
Oct 200551,24258.3413.80$17,426
Sep 200571,18261.4512.08$14,708
Aug 200541,05961.519.80$10,621
Jul 200571,18855.697.84$9,708
Jun 200541,24352.337.38$9,384
May 200571,28745.226.65$8,877
Apr 2005101,44749.207.36$11,143
Mar 200551,32450.377.15$9,725
Feb 200551,28445.226.31$8,331
Jan 200551,60043.166.32$10,331
Dec 200451,48539.866.75$10,225
Nov 200451,61245.286.33$10,431
Oct 2004121,88449.706.52$12,871
Sep 200471,99043.245.28$10,818
Aug 2004350142.375.55$2,908
Jul 2004343538.286.08$2,761
Jun 2004342336.106.43$2,829
May 2004344837.486.49$3,022
Apr 2004242834.475.86$2,576
Mar 2004245734.365.53$2,596
Feb 2004242932.455.51$2,429
Jan 2004144532.036.30$2,835
Dec 2003146430.266.30$2,954
Nov 2003237728.804.60$1,790
Oct 2003346328.174.76$2,288
Sep 2003341126.314.75$2,031
Aug 2003245729.765.13$2,404
Jul 2003141029.415.17$2,149
Jun 2003232228.565.98$1,984
May 200361,01726.595.97$6,234
Apr 200331,13226.675.41$6,201
Mar 20033031.146.10$93
Feb 200331,19333.487.93$9,556
Jan 200341,38830.315.58$7,869
Dec 200231,42926.914.85$7,017
Nov 200231,45824.664.14$6,106
Oct 200251,46626.464.23$6,332
Sep 200251,31527.443.64$4,917
Aug 200241,29125.963.16$4,189
Jul 200271,36224.583.06$4,342
Jun 200261,27423.733.34$4,395
May 200251,35824.663.58$4,990
Apr 200251,41623.653.51$5,092
Mar 2002287722.003.10$2,765
Feb 2002395718.222.38$2,328
Jan 200261,27017.172.38$3,120
Dec 200141,07216.932.36$2,602
Nov 2001254118.072.41$1,338
Oct 200161,15119.782.53$3,029
Sep 200131,43424.262.25$3,301
Aug 200131,21424.873.05$3,781
Jul 200141,59123.933.20$5,182
Jun 200181,62024.563.82$6,392
May 200171,64125.524.31$7,247
Apr 200171,50024.685.34$8,176
Mar 2001101,53024.545.38$8,471
Feb 200191,58827.755.77$9,408
Jan 200191,96127.478.40$16,717
Dec 200082,30926.889.12$21,279
Nov 2000211032.215.66$687
Oct 2000240231.235.15$2,131
Sep 2000165831.875.19$3,445
Aug 2000370329.644.54$3,281
Jul 200021,22628.534.09$5,071
Jun 2000388529.304.40$3,979
May 2000373727.263.68$2,794
Apr 2000583424.513.12$2,721
Mar 200041,05728.422.86$3,136
Feb 200051,06927.622.73$3,053
Jan 200051,34725.272.48$3,468
Dec 199951,36924.282.42$3,439
Nov 199951,40523.192.43$3,536
Oct 199961,01920.982.80$2,983
Sep 199951,12521.752.62$3,055
Aug 199951,66719.262.88$4,890
Jul 199941,12017.892.37$2,729
Jun 1999065915.942.36$1,557
May 1999077015.792.32$1,787
Apr 199901,04415.102.21$2,305
Mar 199902,31612.471.84$4,258
Feb 199908609.981.82$1,563
Jan 199901,16110.381.90$2,206
Dec 199801,2129.201.77$2,149
Nov 1998082210.892.19$1,797
Oct 199801,27812.421.97$2,517
Sep 199801,58812.592.08$3,307
Aug 1998064311.301.91$1,226
Jul 199801,13611.742.24$2,542
Jun 199801,06811.242.24$2,389
May 199801,42012.622.21$3,133
Apr 199801,77613.042.51$4,449
Mar 199801,06412.802.31$2,457
Feb 199801,18813.952.30$2,731
Jan 199801,61614.702.15$3,482
Dec 199701,92016.322.41$4,629
Nov 199701,87618.193.09$5,794
Oct 199701,59519.253.15$5,024
Sep 199701,74917.742.95$5,168
Aug 199701,12417.862.55$2,872
Jul 199701,59217.582.25$3,577
Jun 199701,47917.242.26$3,338
May 199702,01118.972.31$4,642
Apr 199701,37817.882.08$2,870
Mar 199701,74818.951.94$3,390
Feb 199702,01420.492.21$4,443
Jan 199702,34623.483.54$8,304
Dec 199602,47023.32$0
Nov 199601,20221.97$0
Oct 199603,05823.31$0
Sep 199602,02922.22$0
Aug 199602,91420.26$0
Jul 199602,12319.55$0
Jun 199602,39118.73$0
May 199602,10619.43$0
Apr 199602,33321.51$0
Mar 199602,50519.38$0
Feb 199602,45716.98$0
Jan 199602,77117.07$0
Dec 199503,77817.19$0
Nov 199503,87916.00$0
Oct 199503,96915.43$0
Sep 199503,74916.18$0
Aug 199503,55315.92$0
Jul 199502,70915.24$0
Jun 199502,95016.41$0
May 199502,00417.56$0
Apr 199502,21517.73$0
Mar 199501,99116.44$0
Feb 199502,02416.58$0
Jan 199501,59215.92$0
Dec 199402,56215.03$0
Nov 199402,36215.90$0
Oct 199412,59315.58$16
Sep 199403,01015.29$0
Aug 199402,60116.13$0
Jul 199453,27917.56$88
Jun 199404,09917.09$0
May 199423,29415.88$32
Apr 199421,15614.14$28
Mar 199453,03012.46$62
Feb 199483,28212.50$100
Jan 1994124,01212.66$152
Dec 199343,91912.33$49

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                  151 Mcf  × $  3.05 =       $460

────────────────────────────────────────────────────
Month total                                     $460

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. 7C/G/148088 is the state's own key, not one this site invented.