REED 101

Operated by HIGHMOUNT EXPL & PROD TEXAS LLC (P-5 385842) 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 55168District 7CField 81267333CondensateGasSaveExport
Value, all time
$54 k
Jan 1993 – Apr 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
244
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

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
CondensateDisposition110 bbl$1,980
GasProduction51,412 Mcf$52,415
Total$54,395

34,358 Mcf of this lease's gas, across 48 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 30.4311, -100.6636. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.43108, -100.66355 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,338 ft
1 wells filed one
Completion to plug
39.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 6,338 ft.

Completions filed
May 1973
1 of 1 wells
Plug dates filed
Apr 2013
1 of 1 wells

Last completion to plug: a median of 39.9 years across the 1 well that filed both dates, with the middle half between 39.9 years and 39.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4353029126,338 ftMay 1973Apr 2013Yes

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 (244)

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

244 months

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 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 2003019428.565.98$1,161
May 2003018226.595.97$1,087
Apr 2003017326.675.41$935
Mar 20030031.146.10$0
Feb 2003015033.487.93$1,189
Jan 2003118330.315.58$1,052
Dec 2002016426.914.85$796
Nov 2002017224.664.14$712
Oct 2002117726.464.23$775
Sep 2002116027.443.64$609
Aug 2002114325.963.16$478
Jul 2002115424.583.06$496
Jun 2002115123.733.34$528
May 2002114724.663.58$552
Apr 2002115023.653.51$551
Mar 2002011622.003.10$360
Feb 2002012318.222.38$292
Jan 2002114117.172.38$352
Dec 2001115316.932.36$379
Nov 2001118418.072.41$461
Oct 2001117519.782.53$462
Sep 2001015424.262.25$347
Aug 2001013324.873.05$406
Jul 2001013523.933.20$432
Jun 2001112024.563.82$483
May 2001113225.524.31$594
Apr 2001112424.685.34$686
Mar 2001114224.545.38$788
Feb 2001111827.755.77$708
Jan 2001115127.478.40$1,296
Dec 2000115226.889.12$1,414
Nov 2000114232.215.66$836
Oct 2000115231.235.15$813
Sep 2000015731.875.19$814
Aug 2000115529.644.54$733
Jul 2000016628.534.09$679
Jun 2000116729.304.40$764
May 2000117927.263.68$686
Apr 2000116124.513.12$526
Mar 2000116028.422.86$486
Feb 2000114927.622.73$434
Jan 2000116825.272.48$442
Dec 1999117424.282.42$446
Nov 1999114623.192.43$379
Oct 1999117420.982.80$509
Sep 1999119321.752.62$527
Aug 1999120919.262.88$620
Jul 1999121717.892.37$533
Jun 1999021315.942.36$503
May 1999023215.792.32$538
Apr 1999023515.102.21$519
Mar 1999026312.471.84$483
Feb 199902549.981.82$462
Jan 1999025510.381.90$484
Dec 199802619.201.77$463
Nov 1998023910.892.19$522
Oct 1998026112.421.97$514
Sep 1998025812.592.08$537
Aug 1998028211.301.91$538
Jul 1998027811.742.24$622
Jun 1998026411.242.24$591
May 1998028512.622.21$629
Apr 1998028613.042.51$717
Mar 1998027612.802.31$637
Feb 1998024013.952.30$552
Jan 1998028614.702.15$616
Dec 1997031716.322.41$764
Nov 1997033018.193.09$1,019
Oct 1997036819.253.15$1,159
Sep 1997035217.742.95$1,040
Aug 1997040417.862.55$1,032
Jul 1997044117.582.25$991
Jun 1997040717.242.26$919
May 1997043218.972.31$997
Apr 1997042917.882.08$894
Mar 1997047118.951.94$913
Feb 1997044320.492.21$977
Jan 1997057023.483.54$2,018
Dec 1996051623.32$0
Nov 1996048321.97$0
Oct 1996049223.31$0
Sep 1996048522.22$0
Aug 1996048420.26$0
Jul 1996048619.55$0
Jun 1996046518.73$0
May 1996060919.43$0
Apr 1996051421.51$0
Mar 1996057419.38$0
Feb 1996046616.98$0
Jan 1996051117.07$0
Dec 1995056317.19$0
Nov 1995051116.00$0
Oct 1995046215.43$0
Sep 1995046516.18$0
Aug 1995043915.92$0
Jul 1995053015.24$0
Jun 1995058616.41$0
May 1995044317.56$0
Apr 1995045217.73$0
Mar 1995053216.44$0
Feb 1995039316.58$0
Jan 1995040615.92$0
Dec 1994038215.03$0
Nov 1994024215.90$0
Oct 1994049815.58$0
Sep 1994082515.29$0
Aug 1994080316.13$0
Jul 199401,09817.56$0
Jun 199401,49417.09$0
May 1994087615.88$0
Apr 199411,14314.14$14
Mar 1994592912.46$62
Feb 1994669112.50$75
Jan 1994978512.66$114
Dec 1993762312.33$86
Nov 19931095914.49$145
Oct 1993084415.85$0
Sep 199361,23815.03$90
Aug 199301,18415.66$0
Jul 199361,31015.46$93
Jun 199301,07016.79$0
May 199351,19517.68$88
Apr 1993397518.05$54
Mar 199331,37918.14$54
Feb 1993791117.90$125
Jan 199381,03716.93$135

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.

Jun 2003 — as filed, then multipliedworked
Condensate             0 bbl  × $ 28.56 =         $0
Gas                  194 Mcf  × $  5.98 =     $1,161

────────────────────────────────────────────────────
Month total                                   $1,161

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/55168 is the state's own key, not one this site invented.