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 234365District 7CField 812673332 tax incentive programmesCondensateGasSaveExport
Value, all time
$714 k
Apr 2007 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
230
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 Gas112008-05-21176637
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
CondensateDisposition375 bbl$28,823
GasProduction147,331 Mcf$685,065
Total$713,888

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 30.4396, -100.6647. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.43956, -100.66469 · 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
6,425 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 6,425 ft.

Completions filed
Apr 2007
1 of 1 wells

1 well

42-43538238316,425 ftApr 2007

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 (230)

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

230 months

May 20260624106.413.05$1,901
Apr 2026053398.932.87$1,530
Mar 2026059789.753.15$1,880
Feb 2026045563.503.75$1,706
Jan 2026041559.138.00$3,319
Dec 2025042856.664.41$1,889
Nov 2025037958.593.93$1,488
Oct 2025035659.383.30$1,177
Sep 2025038162.743.08$1,172
Aug 2025041763.933.01$1,257
Jul 2025147366.743.32$1,635
Jun 2025046966.483.13$1,467
May 2025051060.553.23$1,648
Apr 2025248462.363.54$1,840
Mar 2025044567.704.27$1,899
Feb 2025047770.884.34$2,071
Jan 2025049774.324.28$2,127
Dec 2024059068.993.12$1,842
Nov 2024032169.052.20$706
Oct 2024021371.372.28$486
Sep 2024019769.612.36$466
Aug 2024021175.632.06$435
Jul 2024021279.932.15$455
Jun 2024020778.082.63$545
May 2024022378.812.20$490
Apr 2024021384.451.66$353
Mar 2024023480.301.55$362
Feb 2024022376.091.78$398
Jan 2024024273.023.30$798
Dec 2023025871.262.61$674
Nov 2023024577.892.81$688
Oct 2023025485.443.09$784
Sep 2023025489.042.74$695
Aug 2023027380.522.67$730
Jul 2023026174.852.64$690
Jun 2023028368.962.26$639
May 2023031470.622.23$699
Apr 2023030378.122.24$678
Mar 2023033072.852.39$790
Feb 2023030975.112.47$762
Jan 2023027476.533.39$928
Dec 2022034276.415.73$1,959
Nov 2022033685.005.65$1,897
Oct 2022034787.185.86$2,035
Sep 2022035484.888.16$2,890
Aug 2022036594.529.13$3,331
Jul 20220359101.587.54$2,708
Jun 20220352115.097.98$2,808
May 20220361109.378.43$3,044
Apr 20220352104.226.84$2,407
Mar 20220405108.885.08$2,056
Feb 2022038791.054.86$1,880
Jan 2022041081.844.54$1,860
Dec 2021038371.323.90$1,493
Nov 2021037577.435.24$1,964
Oct 2021039779.795.71$2,268
Sep 2021039469.865.35$2,108
Aug 2021041666.024.22$1,756
Jul 2021042670.783.98$1,696
Jun 2021037369.493.38$1,261
May 2021041963.483.02$1,264
Apr 2021054160.362.76$1,492
Mar 2021039761.302.72$1,079
Feb 2021039857.805.55$2,208
Jan 2021047550.412.81$1,335
Dec 2020040744.642.68$1,089
Nov 2020037638.772.71$1,018
Oct 2020049236.972.48$1,219
Sep 2020040337.091.99$802
Aug 2020041439.982.39$987
Jul 2020042338.371.83$772
Jun 2020040734.901.69$688
May 2020073316.921.81$1,330
Apr 2020038514.751.80$695
Mar 2020036430.341.86$676
Feb 2020043649.881.98$864
Jan 2020042457.252.09$888
Dec 2019036859.012.30$848
Nov 2019039055.302.75$1,073
Oct 2019042753.472.42$1,033
Sep 2019041255.052.66$1,095
Aug 2019046453.112.30$1,069
Jul 2019043356.272.46$1,065
Jun 2019043652.782.49$1,086
May 2019045658.482.74$1,250
Apr 2019049362.632.75$1,356
Mar 2019045756.803.06$1,399
Feb 2019041250.852.79$1,150
Jan 2019044546.033.23$1,437
Dec 2018044446.594.19$1,858
Nov 2018041852.934.24$1,771
Oct 2018046461.443.40$1,577
Sep 2018050659.543.11$1,573
Aug 2018053559.403.07$1,641
Jul 2018043865.142.93$1,284
Jun 2018042960.183.08$1,320
May 2018045265.382.90$1,311
Apr 2018144063.842.90$1,340
Mar 2018045561.222.79$1,268
Feb 2018039861.782.77$1,101
Jan 2018045662.874.01$1,828
Dec 2017048257.272.92$1,408
Nov 2017149855.423.12$1,608
Oct 2017052549.292.98$1,566
Sep 2017247147.523.09$1,549
Aug 2017050145.373.00$1,505
Jul 2017053343.873.09$1,646
Jun 2017055642.493.09$1,717
May 2017249545.373.26$1,706
Apr 2017247547.933.21$1,621
Mar 2017252646.772.98$1,663
Feb 2017247950.452.95$1,515
Jan 2017250049.413.42$1,808
Dec 2016054648.763.72$2,033
Nov 2016253342.492.64$1,494
Oct 2016251046.193.09$1,668
Sep 2016252641.553.10$1,714
Aug 2016254641.442.92$1,680
Jul 2016255741.622.92$1,712
Jun 2016356145.352.69$1,643
May 2016259142.521.99$1,262
Apr 2016357236.561.99$1,249
Mar 2016257633.011.79$1,099
Feb 2016253726.472.06$1,161
Jan 2016256827.352.36$1,398
Dec 2015157732.362.00$1,187
Nov 2015258138.792.17$1,337
Oct 2015261043.552.43$1,567
Sep 2015457442.992.76$1,755
Aug 2015259540.162.87$1,789
Jul 2015259948.152.95$1,860
Jun 2015458856.152.88$1,920
May 2015260055.212.96$1,884
Apr 2015458849.822.71$1,791
Mar 2015259842.892.93$1,841
Feb 2015254844.662.98$1,720
Jan 2015261343.433.10$1,988
Dec 2014458654.693.59$2,323
Nov 2014259570.464.25$2,671
Oct 2014463578.303.90$2,790
Sep 2014263486.164.05$2,737
Aug 2014266289.394.04$2,850
Jul 2014266496.564.18$2,968
Jun 2014265998.164.74$3,318
May 2014468594.734.73$3,617
Apr 2014468495.944.81$3,673
Mar 2014259495.895.06$3,196
Feb 2014265197.406.19$4,226
Jan 2014269790.404.86$3,569
Dec 2013468791.824.35$3,359
Nov 2013268688.853.74$2,742
Oct 2013475797.423.78$3,251
Sep 20135746104.113.72$3,294
Aug 20132782104.253.52$2,963
Jul 20134777102.523.72$3,299
Jun 2013477294.403.93$3,414
May 2013281794.834.15$3,579
Apr 2013682193.964.28$4,080
Mar 2013787393.623.91$4,071
Feb 2013480391.233.42$3,111
Jan 2013695791.603.42$3,822
Dec 2012249986.773.42$1,880
Nov 2012352686.953.62$2,168
Oct 2012260789.383.40$2,242
Sep 2012268494.672.92$2,186
Aug 2012273392.662.91$2,317
Jul 2012378085.133.02$2,612
Jun 2012285479.822.52$2,311
May 2012686791.612.49$2,707
Apr 20124977101.652.00$2,357
Mar 20124984105.052.22$2,607
Feb 20122670101.102.57$1,924
Jan 2012121298.092.73$678
Dec 2011122396.873.24$819
Nov 2011123195.723.31$861
Oct 2011125884.983.65$1,026
Sep 2011126383.623.99$1,132
Aug 2011131383.404.15$1,382
Jul 2011135794.144.52$1,707
Jun 2011138592.904.64$1,879
May 2011246298.134.40$2,231
Apr 20112493105.964.33$2,348
Mar 2011354796.364.06$2,508
Feb 2011249885.644.18$2,253
Jan 2011366286.504.59$3,297
Dec 2010272085.734.35$3,302
Nov 2010380480.843.80$3,294
Oct 2010485678.103.51$3,316
Sep 2010389172.633.98$3,764
Aug 2010398873.684.42$4,587
Jul 201031,05872.554.74$5,229
Jun 201011,04770.364.91$5,212
May 201031,11371.124.24$4,927
Apr 201031,09681.694.12$4,764
Mar 201051,09978.394.39$5,215
Feb 201071,04173.585.44$6,181
Jan 201051,24174.365.96$7,773
Dec 200961,37171.445.48$7,947
Nov 200941,79674.593.75$7,036
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 200941,03567.423.22$3,601
Jul 200941,11961.133.46$4,121
Jun 200931,19466.163.90$4,849
May 200931,34754.743.93$5,452
Apr 200931,04346.773.59$3,882
Mar 200931,28042.144.06$5,322
Feb 200941,01232.814.63$4,820
Jan 200961,23835.865.37$6,864
Dec 200851,26637.105.98$7,753
Nov 200861,28855.496.86$9,169
Oct 200851,40975.246.92$10,129
Sep 20085984101.767.88$8,260
Aug 200831,383114.228.48$12,075
Jul 200861,393131.0811.39$16,652
Jun 200861,422131.3313.03$19,320
May 200861,499123.1711.57$18,089
Apr 200831,459110.3110.45$15,585
Mar 200831,609101.909.66$15,855
Feb 200851,59792.538.77$14,469
Jan 200831,66790.388.21$13,950
Dec 200741,73088.337.30$12,986
Nov 200741,09591.677.29$8,351
Oct 200741,36782.856.92$9,794
Sep 200751,46175.846.24$9,502
Aug 200751,69369.066.39$11,160
Jul 200731,95170.906.39$12,676
Jun 200732,10462.007.55$16,068
May 200742,81758.747.85$22,338
Apr 200712,06459.617.81$16,170

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                  624 Mcf  × $  3.05 =     $1,901

────────────────────────────────────────────────────
Month total                                   $1,901

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/234365 is the state's own key, not one this site invented.