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 241502District 7CField 812673332 tax incentive programmesCondensateGasSaveExport
Value, all time
$251 k
Sep 2008 – May 2026
Value, last 12 filed months
$578
at the published price for each month
Months reported
213
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 Gas112008-12-05186661
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
CondensateDisposition200 bbl$15,314
GasProduction56,834 Mcf$235,753
Total$251,067

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 30.4395, -100.6616. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.43952, -100.66155 · 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
6,325 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 6,325 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-43538937326,325 ftSep 2008

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 (213)

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

213 months

May 202600106.413.05$0
Apr 202601398.932.87$37
Mar 202601489.753.15$44
Feb 202601863.503.75$68
Jan 202602159.138.00$168
Dec 202502056.664.41$88
Nov 202501458.593.93$55
Oct 202501059.383.30$33
Sep 20250662.743.08$18
Aug 20250663.933.01$18
Jul 20250766.743.32$23
Jun 20250866.483.13$25
May 20250960.553.23$29
Apr 20250862.363.54$28
Mar 202502967.704.27$124
Feb 202502870.884.34$122
Jan 202501474.324.28$60
Dec 20240968.993.12$28
Nov 20240869.052.20$18
Oct 20240671.372.28$14
Sep 20240769.612.36$17
Aug 20240875.632.06$17
Jul 20240979.932.15$19
Jun 20240878.082.63$21
May 202401078.812.20$22
Apr 202401084.451.66$17
Mar 202402680.301.55$40
Feb 202403576.091.78$62
Jan 202403173.023.30$102
Dec 202301971.262.61$50
Nov 202301277.892.81$34
Oct 202301085.443.09$31
Sep 20230889.042.74$22
Aug 20230880.522.67$21
Jul 202301174.852.64$29
Jun 202301168.962.26$25
May 202302870.622.23$62
Apr 202304278.122.24$94
Mar 202304272.852.39$101
Feb 202303675.112.47$89
Jan 202302876.533.39$95
Dec 202204076.415.73$229
Nov 202202785.005.65$152
Oct 202201787.185.86$100
Sep 202201784.888.16$139
Aug 202202394.529.13$210
Jul 2022033101.587.54$249
Jun 2022051115.097.98$407
May 2022056109.378.43$472
Apr 2022051104.226.84$349
Mar 2022050108.885.08$254
Feb 202204591.054.86$219
Jan 202205281.844.54$236
Dec 202103071.323.90$117
Nov 202102977.435.24$152
Oct 202103079.795.71$171
Sep 202101769.865.35$91
Aug 202101766.024.22$72
Jul 202101970.783.98$76
Jun 202105369.493.38$179
May 202106063.483.02$181
Apr 202107960.362.76$218
Mar 202106261.302.72$168
Feb 202105157.805.55$283
Jan 202106050.412.81$169
Dec 202006044.642.68$161
Nov 202003538.772.71$95
Oct 202003736.972.48$92
Sep 202002937.091.99$58
Aug 202003239.982.39$76
Jul 202004338.371.83$78
Jun 202004634.901.69$78
May 202008816.921.81$160
Apr 202005614.751.80$101
Mar 202005630.341.86$104
Feb 202005549.881.98$109
Jan 202006157.252.09$128
Dec 201905859.012.30$134
Nov 201905555.302.75$151
Oct 201905753.472.42$138
Sep 201906255.052.66$165
Aug 201907653.112.30$175
Jul 201907956.272.46$194
Jun 201907852.782.49$194
May 201907958.482.74$216
Apr 201907462.632.75$204
Mar 201907556.803.06$230
Feb 201906650.852.79$184
Jan 201906546.033.23$210
Dec 201807346.594.19$306
Nov 201806752.934.24$284
Oct 201807661.443.40$258
Sep 201806159.543.11$190
Aug 201807159.403.07$218
Jul 201807165.142.93$208
Jun 201807860.183.08$240
May 201809065.382.90$261
Apr 201807963.842.90$229
Mar 201808061.222.79$223
Feb 201807361.782.77$202
Jan 201808162.874.01$325
Dec 201708357.272.92$242
Nov 201708755.423.12$271
Oct 201708749.292.98$260
Sep 201707247.523.09$222
Aug 201707245.373.00$216
Jul 201708543.873.09$262
Jun 201709142.493.09$281
May 201709845.373.26$320
Apr 201708547.933.21$273
Mar 201709446.772.98$280
Feb 201709050.452.95$266
Jan 201709549.413.42$325
Dec 201609548.763.72$354
Nov 201609542.492.64$251
Oct 2016010546.193.09$324
Sep 2016011541.553.10$357
Aug 2016012141.442.92$354
Jul 2016112541.622.92$407
Jun 2016112045.352.69$368
May 2016012042.521.99$239
Apr 2016110836.561.99$252
Mar 2016011433.011.79$205
Feb 2016011526.472.06$237
Jan 2016012027.352.36$284
Dec 2015012532.362.00$250
Nov 2015112738.792.17$314
Oct 2015114243.552.43$388
Sep 2015113942.992.76$426
Aug 2015013540.162.87$388
Jul 2015111848.152.95$396
Jun 2015114656.152.88$477
May 2015117955.212.96$584
Apr 2015117849.822.71$532
Mar 2015119742.892.93$621
Feb 2015118644.662.98$598
Jan 2015122343.433.10$735
Dec 2014224554.693.59$989
Nov 2014130870.464.25$1,380
Oct 2014237578.303.90$1,619
Sep 2014143486.164.05$1,842
Aug 2014147689.394.04$2,010
Jul 2014246796.564.18$2,145
Jun 2014256198.164.74$2,854
May 2014250094.734.73$2,553
Apr 2014115495.944.81$837
Mar 2014112895.895.06$743
Feb 2014116897.406.19$1,138
Jan 2014121190.404.86$1,116
Dec 2013122091.824.35$1,050
Nov 2013124888.853.74$1,016
Oct 2013238397.423.78$1,642
Sep 20133385104.113.72$1,744
Aug 20131340104.253.52$1,302
Jul 20132406102.523.72$1,714
Jun 2013345694.403.93$2,077
May 2013149194.834.15$2,132
Apr 2013452093.964.28$2,603
Mar 2013450993.623.91$2,366
Feb 2013349091.233.42$1,949
Jan 2013465991.603.42$2,620
Dec 2012235686.773.42$1,391
Nov 2012240286.953.62$1,631
Oct 2012148089.383.40$1,721
Sep 2012156194.672.92$1,732
Aug 2012160392.662.91$1,846
Jul 2012362185.133.02$2,131
Jun 2012159679.822.52$1,581
May 2012464791.612.49$1,976
Apr 20123642101.652.00$1,587
Mar 20123687105.052.22$1,842
Feb 20123668101.102.57$2,020
Jan 2012288198.092.73$2,605
Dec 2011133396.873.24$1,176
Nov 2011128495.723.31$1,036
Oct 2011232984.983.65$1,370
Sep 2011243983.623.99$1,917
Aug 2011249983.404.15$2,237
Jul 2011264694.144.52$3,106
Jun 2011270092.904.64$3,434
May 2011374398.134.40$3,567
Apr 20112689105.964.33$3,198
Mar 2011350496.364.06$2,334
Feb 2011256185.644.18$2,516
Jan 2011479386.504.59$3,985
Dec 2010275585.734.35$3,454
Nov 2010264280.843.80$2,598
Oct 2010482978.103.51$3,221
Sep 2010487372.633.98$3,765
Aug 2010392173.684.42$4,291
Jul 2010391772.554.74$4,561
Jun 2010192770.364.91$4,622
May 2010141071.124.24$1,808
Apr 2010281281.694.12$3,511
Mar 2010486478.394.39$4,105
Feb 2010452073.585.44$3,124
Jan 2010499974.365.96$6,256
Dec 200941,19771.445.48$6,850
Nov 2009283974.593.75$3,297
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009494767.423.22$3,318
Jul 2009394361.133.46$3,450
Jun 200931,02066.163.90$4,171
May 200921,19154.743.93$4,785
Apr 200931,01046.773.59$3,764
Mar 200931,15742.144.06$4,823
Feb 200941,07832.814.63$5,126
Jan 200961,27235.865.37$7,047
Dec 200861,38637.105.98$8,507
Nov 200871,52055.496.86$10,816
Oct 200862,04175.246.92$14,579
Sep 20082741101.767.88$6,040

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                   13 Mcf  × $  2.87 =        $37

────────────────────────────────────────────────────
Month total                                      $37

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/241502 is the state's own key, not one this site invented.