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 162473District 7CField 812673332 tax incentive programmesCondensateGasSaveExport
Value, all time
$666 k
Jan 1997 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
353
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 Gas111997-08-08137090
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
CondensateDisposition568 bbl$14,643
GasProduction178,583 Mcf$651,124
Total$665,767

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 30.4382, -100.6670. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.43820, -100.66696 · 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
6,427 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 6,427 ft.

Completions filed
Jan 1997
1 of 1 wells

1 well

42-43534638126,427 ftJan 1997

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 (353)

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

353 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
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 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008119837.105.98$1,221
Nov 2008120255.496.86$1,441
Oct 2008120075.246.92$1,460
Sep 20081121101.767.88$1,055
Aug 20080102114.228.48$865
Jul 20081186131.0811.39$2,250
Jun 20081171131.3313.03$2,360
May 20081211123.1711.57$2,565
Apr 20081216110.3110.45$2,369
Mar 20081280101.909.66$2,808
Feb 2008127592.538.77$2,504
Jan 2008133490.388.21$2,831
Dec 2007138988.337.30$2,929
Nov 2007135691.677.29$2,688
Oct 2007138382.856.92$2,734
Sep 2007250775.846.24$3,317
Aug 2007257069.066.39$3,779
Jul 2007183270.906.39$5,386
Jun 2007171162.007.55$5,429
May 2007156058.747.85$4,453
Apr 2007161559.617.81$4,860
Mar 2007061056.927.30$4,454
Feb 2007038655.108.22$3,171
Jan 2007036250.306.73$2,435
Dec 2006143456.656.92$3,059
Nov 2006141654.207.62$3,223
Oct 2006128454.906.01$1,763
Sep 2006136460.085.04$1,894
Aug 2006142268.717.34$3,166
Jul 2006142969.376.34$2,790
Jun 2006137566.286.38$2,460
May 2006246666.016.42$3,126
Apr 2006234064.397.36$2,631
Mar 2006347756.707.08$3,549
Feb 2006144457.597.75$3,499
Jan 2006365360.598.93$6,015
Dec 2005370654.9413.42$9,636
Nov 2005363254.6910.59$6,856
Oct 2005270758.3413.80$9,870
Sep 2005358061.4512.08$7,190
Aug 2005253761.519.80$5,384
Jul 2005353555.697.84$4,363
Jun 2005245052.337.38$3,426
May 2005350445.226.65$3,488
Apr 2005458049.207.36$4,466
Mar 2005370350.377.15$5,181
Feb 2005255545.226.31$3,594
Jan 2005147843.166.32$3,065
Dec 2004254939.866.75$3,786
Nov 2004253245.286.33$3,458
Oct 2004461549.706.52$4,206
Sep 2004351743.245.28$2,862
Aug 2004360142.375.55$3,463
Jul 2004379238.286.08$4,934
Jun 2004473436.106.43$4,866
May 2004365137.486.49$4,340
Apr 2004363634.475.86$3,829
Mar 2004372634.365.53$4,118
Feb 2004371432.455.51$4,031
Jan 2004261732.036.30$3,951
Dec 2003260530.266.30$3,873
Nov 2003362728.804.60$2,968
Oct 2003475728.174.76$3,716
Sep 2003469026.314.75$3,382
Aug 2003368529.765.13$3,603
Jul 2003371029.415.17$3,760
Jun 2003372328.565.98$4,411
May 2003477326.595.97$4,723
Apr 2003274526.675.41$4,082
Mar 20032031.146.10$62
Feb 2003267833.487.93$5,441
Jan 2003378930.315.58$4,495
Dec 2002179726.914.85$3,895
Nov 2002176024.664.14$3,169
Oct 2002373726.464.23$3,196
Sep 2002370227.443.64$2,634
Aug 2002272625.963.16$2,349
Jul 2002468224.583.06$2,186
Jun 2002375123.733.34$2,578
May 2002372724.663.58$2,680
Apr 2002380123.653.51$2,884
Mar 2002284722.003.10$2,672
Feb 2002267018.222.38$1,628
Jan 2002494217.172.38$2,307
Dec 2001494516.932.36$2,302
Nov 2001382818.072.41$2,046
Oct 2001483519.782.53$2,191
Sep 2001297324.262.25$2,239
Aug 2001298524.873.05$3,057
Jul 2001298823.933.20$3,207
Jun 2001595824.563.82$3,786
May 200151,04625.524.31$4,633
Apr 2001495124.685.34$5,173
Mar 200171,02824.545.38$5,699
Feb 200161,03427.755.77$6,130
Jan 200151,13327.478.40$9,653
Dec 200051,16526.889.12$10,762
Nov 200051,15232.215.66$6,679
Oct 200051,03831.235.15$5,497
Sep 200021,08431.875.19$5,686
Aug 200041,07629.644.54$5,004
Jul 200021,16528.534.09$4,822
Jun 200041,05129.304.40$4,739
May 200051,15827.263.68$4,397
Apr 200081,34924.513.12$4,400
Mar 200051,40728.422.86$4,166
Feb 200061,39227.622.73$3,961
Jan 200051,46925.272.48$3,770
Dec 199951,51724.282.42$3,798
Nov 199961,50123.192.43$3,793
Oct 199991,59120.982.80$4,650
Sep 199961,52721.752.62$4,129
Aug 199951,70519.262.88$4,999
Jul 199961,71417.892.37$4,174
Jun 1999121,79715.942.36$4,436
May 199981,93315.792.32$4,613
Apr 1999121,83015.102.21$4,222
Mar 1999122,01512.471.84$3,854
Feb 1999121,7819.981.82$3,357
Jan 1999121,96910.381.90$3,866
Dec 1998121,9459.201.77$3,560
Nov 1998151,89710.892.19$4,310
Oct 1998132,21712.421.97$4,527
Sep 199882,27912.592.08$4,847
Aug 1998122,51811.301.91$4,938
Jul 199882,57511.742.24$5,855
Jun 1998112,53211.242.24$5,788
May 199882,63812.622.21$5,921
Apr 1998172,42213.042.51$6,290
Mar 1998132,62812.802.31$6,236
Feb 199882,62413.952.30$6,145
Jan 1998133,10514.702.15$6,882
Dec 1997173,28916.322.41$8,208
Nov 199783,47918.193.09$10,890
Oct 199793,53119.253.15$11,295
Sep 199743,73517.742.95$11,107
Aug 199704,16317.862.55$10,635
Jul 199744,70017.582.25$10,631
Jun 199765,05617.242.26$11,516
May 199705,30918.972.31$12,256
Apr 199705,67517.882.08$11,820
Mar 199707,07918.951.94$13,727
Feb 199708,07220.492.21$17,806
Jan 199702,56923.483.54$9,093

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.

Dec 2008 — as filed, then multipliedworked
Condensate             1 bbl  × $ 37.10 =        $37
Gas                  198 Mcf  × $  5.98 =     $1,183

────────────────────────────────────────────────────
Month total                                   $1,221

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/162473 is the state's own key, not one this site invented.