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 234385District 7CField 812673332 tax incentive programmesCondensateGasSaveExport
Value, all time
$516 k
Mar 2007 – May 2026
Value, last 12 filed months
$885
at the published price for each month
Months reported
231
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 Gas112008-05-21176651
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
CondensateDisposition212 bbl$17,114
GasProduction89,867 Mcf$498,472
Total$515,586

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 30.4344, -100.6567. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.43438, -100.65671 · 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
6,499 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 6,499 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-43538236296,499 ftMar 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 (231)

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

231 months

May 2026010106.413.05$30
Apr 202601798.932.87$49
Mar 202602089.753.15$63
Feb 202601563.503.75$56
Jan 202601459.138.00$112
Dec 202501456.664.41$62
Nov 202501858.593.93$71
Oct 202502359.383.30$76
Sep 202502362.743.08$71
Aug 202502663.933.01$78
Jul 202503766.743.32$123
Jun 202503066.483.13$94
May 202504160.553.23$133
Apr 202503962.363.54$138
Mar 202504367.704.27$184
Feb 202502470.884.34$104
Jan 202504374.324.28$184
Dec 202407068.993.12$219
Nov 202408069.052.20$176
Oct 202409871.372.28$224
Sep 2024010669.612.36$251
Aug 2024012375.632.06$254
Jul 2024013379.932.15$286
Jun 2024013678.082.63$358
May 2024014978.812.20$328
Apr 2024015484.451.66$256
Mar 2024016480.301.55$253
Feb 2024016876.091.78$300
Jan 2024018473.023.30$607
Dec 2023020871.262.61$543
Nov 2023020677.892.81$578
Oct 2023022485.443.09$692
Sep 2023023389.042.74$637
Aug 2023025580.522.67$682
Jul 2023026774.852.64$705
Jun 2023027368.962.26$617
May 2023029370.622.23$653
Apr 2023029778.122.24$665
Mar 2023030772.852.39$735
Feb 2023029075.112.47$715
Jan 2023028676.533.39$969
Dec 2022034076.415.73$1,948
Nov 2022033585.005.65$1,891
Oct 2022036287.185.86$2,123
Sep 2022036884.888.16$3,004
Aug 2022039194.529.13$3,569
Jul 20220400101.587.54$3,017
Jun 20220413115.097.98$3,295
May 20220443109.378.43$3,736
Apr 20220421104.226.84$2,879
Mar 20220436108.885.08$2,213
Feb 2022039291.054.86$1,905
Jan 2022043581.844.54$1,974
Dec 2021044271.323.90$1,723
Nov 2021042877.435.24$2,241
Oct 2021044779.795.71$2,554
Sep 2021043869.865.35$2,344
Aug 2021045666.024.22$1,925
Jul 2021045370.783.98$1,804
Jun 2021042069.493.38$1,420
May 2021042563.483.02$1,283
Apr 2021056660.362.76$1,561
Mar 2021040561.302.72$1,100
Feb 2021041857.805.55$2,319
Jan 2021047250.412.81$1,326
Dec 2020045344.642.68$1,212
Nov 2020044038.772.71$1,191
Oct 2020055136.972.48$1,366
Sep 2020043937.091.99$874
Aug 2020050039.982.39$1,193
Jul 2020051438.371.83$938
Jun 2020050734.901.69$857
May 2020035716.921.81$648
Apr 20200814.751.80$14
Mar 202001230.341.86$22
Feb 2020015749.881.98$311
Jan 202008157.252.09$170
Dec 201902259.012.30$51
Nov 201901855.302.75$50
Oct 201902453.472.42$58
Sep 201903055.052.66$80
Aug 201902853.112.30$65
Jul 201902456.272.46$59
Jun 201902252.782.49$55
May 201902258.482.74$60
Apr 201901962.632.75$52
Mar 201901756.803.06$52
Feb 201902250.852.79$61
Jan 201901946.033.23$61
Dec 201802046.594.19$84
Nov 201802252.934.24$93
Oct 201802761.443.40$92
Sep 201803059.543.11$93
Aug 201813059.403.07$151
Jul 201813065.142.93$153
Jun 201813260.183.08$159
May 201803665.382.90$104
Apr 201887463.842.90$725
Mar 201801461.222.79$39
Feb 201803561.782.77$97
Jan 201803462.874.01$136
Dec 201703257.272.92$93
Nov 201703655.423.12$112
Oct 201704249.292.98$125
Sep 201704847.523.09$148
Aug 201705445.373.00$162
Jul 201703143.873.09$96
Jun 201702442.493.09$74
May 201704145.373.26$134
Apr 201703747.933.21$119
Mar 201703746.772.98$110
Feb 201703450.452.95$100
Jan 201704249.413.42$144
Dec 201604348.763.72$160
Nov 201606642.492.64$175
Oct 2016011346.193.09$349
Sep 201606341.553.10$195
Aug 201608241.442.92$240
Jul 2016010441.622.92$304
Jun 2016116445.352.69$486
May 2016118942.521.99$419
Apr 2016228936.561.99$649
Mar 2016171033.011.79$1,307
Feb 2016036126.472.06$745
Jan 2016010327.352.36$244
Dec 2015021232.362.00$424
Nov 2015120338.792.17$479
Oct 2015017043.552.43$413
Sep 201506142.992.76$168
Aug 201506240.162.87$178
Jul 201517548.152.95$269
Jun 2015118756.152.88$595
May 2015018655.212.96$550
Apr 201506249.822.71$168
Mar 201506342.892.93$185
Feb 201505844.662.98$173
Jan 201506643.433.10$205
Dec 201406154.693.59$219
Nov 201406070.464.25$255
Oct 201406378.303.90$246
Sep 201406386.164.05$255
Aug 201406889.394.04$274
Jul 201406996.564.18$288
Jun 201406898.164.74$322
May 201407394.734.73$345
Apr 201401695.944.81$77
Mar 201401095.895.06$51
Feb 20140997.406.19$56
Jan 201401490.404.86$68
Dec 201301591.824.35$65
Nov 201301088.853.74$37
Oct 201301397.423.78$49
Sep 201309104.113.72$33
Aug 2013018104.253.52$63
Jul 2013029102.523.72$108
Jun 201305194.403.93$201
May 201307794.834.15$319
Apr 2013111193.964.28$569
Mar 2013111593.623.91$544
Feb 2013111291.233.42$474
Jan 2013115991.603.42$635
Dec 2012123786.773.42$897
Nov 2012234086.953.62$1,406
Oct 2012134889.383.40$1,272
Sep 2012132994.672.92$1,055
Aug 2012142592.662.91$1,329
Jul 2012248985.133.02$1,647
Jun 2012148079.822.52$1,289
May 2012348491.612.49$1,479
Apr 20122450101.652.00$1,102
Mar 20122488105.052.22$1,294
Feb 20122495101.102.57$1,474
Jan 2012252398.092.73$1,626
Dec 2011259096.873.24$2,105
Nov 2011265795.723.31$2,367
Oct 2011355884.983.65$2,291
Sep 2011249883.623.99$2,152
Aug 2011261583.404.15$2,719
Jul 2011270494.144.52$3,368
Jun 2011376192.904.64$3,810
May 2011383598.134.40$3,972
Apr 20113932105.964.33$4,357
Mar 201104796.364.06$191
Feb 2011117285.644.18$805
Jan 2011231386.504.59$1,609
Dec 2010259185.734.35$2,741
Nov 2010276680.843.80$3,069
Oct 2010242378.103.51$1,640
Sep 2010268772.633.98$2,879
Aug 2010278573.684.42$3,617
Jul 2010383172.554.74$4,154
Jun 2010192070.364.91$4,588
May 201041,14271.124.24$5,121
Apr 2010290481.694.12$3,890
Mar 201001478.394.39$61
Feb 20100773.585.44$38
Jan 20100974.365.96$54
Dec 20090671.445.48$33
Nov 2009021474.593.75$803
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009251567.423.22$1,792
Jul 2009380461.133.46$2,969
Jun 2009294866.163.90$3,825
May 2009289454.743.93$3,619
Apr 2009398846.773.59$3,685
Mar 200931,17542.144.06$4,896
Feb 200941,03432.814.63$4,922
Jan 200951,13535.865.37$6,275
Dec 200851,19637.105.98$7,334
Nov 200861,28955.496.86$9,176
Oct 200841,26975.246.92$9,085
Sep 20084951101.767.88$7,898
Aug 200831,277114.228.48$11,175
Jul 200861,322131.0811.39$15,843
Jun 200861,375131.3313.03$18,708
May 200861,484123.1711.57$17,915
Apr 200841,532110.3110.45$16,458
Mar 200841,714101.909.66$16,972
Feb 200851,71392.538.77$15,487
Jan 200831,74690.388.21$14,598
Dec 200751,88088.337.30$14,169
Nov 200781,99291.677.29$15,258
Oct 200762,27082.856.92$16,210
Sep 200782,22075.846.24$14,469
Aug 200782,46569.066.39$16,299
Jul 200733,02870.906.39$19,555
Jun 200721,73962.007.55$13,251
May 20072058.747.85$117
Apr 200722,39859.617.81$18,836
Mar 200703,08556.927.30$22,527

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                   10 Mcf  × $  3.05 =        $30

────────────────────────────────────────────────────
Month total                                      $30

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/234385 is the state's own key, not one this site invented.