REED 100

Name: REED 100 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 98822District 7CField 81267333NGPA filingCondensateGasSave Export

Value, all time

$374 k

Jan 1993 – Jun 2014

Value, last 12 filed months

at the published price for each month

Months reported

258

no gaps in the span

Streams

condensate, gas

The SAWYER (CANYON) field

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	280 bbl	$8,324
Gas	Production	172,410 Mcf	$365,515
Total			$373,840

88,860 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 30.4502, -100.6654. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.45024, -100.66536 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

6,421 ft

1 wells filed one

Completion to plug

32.3 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 6,421 ft.

Completions filed

Mar 1982

1 of 1 wells

Plug dates filed

Jun 2014

1 of 1 wells

Last completion to plug: a median of 32.3 years across the 1 well that filed both dates, with the middle half between 32.3 years and 32.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-43532639	5	6,421 ft	Mar 1982	Jun 2014	Yes

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 (258)

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

258 months


Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	2	91.67	7.29	$15
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	1	478	70.90	6.39	$3,124
Jun 2007	1	619	62.00	7.55	$4,734
May 2007	0	433	58.74	7.85	$3,397
Apr 2007	0	429	59.61	7.81	$3,348
Mar 2007	0	485	56.92	7.30	$3,541
Feb 2007	1	498	55.10	8.22	$4,147
Jan 2007	1	524	50.30	6.73	$3,575
Dec 2006	1	546	56.65	6.92	$3,834
Nov 2006	0	202	54.20	7.62	$1,539
Oct 2006	0	192	54.90	6.01	$1,155
Sep 2006	0	265	60.08	5.04	$1,335
Aug 2006	0	231	68.71	7.34	$1,696
Jul 2006	0	341	69.37	6.34	$2,163
Jun 2006	1	371	66.28	6.38	$2,435
May 2006	2	426	66.01	6.42	$2,869
Apr 2006	3	411	64.39	7.36	$3,218
Mar 2006	3	441	56.70	7.08	$3,294
Feb 2006	1	428	57.59	7.75	$3,375
Jan 2006	2	530	60.59	8.93	$4,856
Dec 2005	2	525	54.94	13.42	$7,153
Nov 2005	2	467	54.69	10.59	$5,054
Oct 2005	2	506	58.34	13.80	$7,097
Sep 2005	3	475	61.45	12.08	$5,922
Aug 2005	2	514	61.51	9.80	$5,159
Jul 2005	3	458	55.69	7.84	$3,759
Jun 2005	2	466	52.33	7.38	$3,544
May 2005	3	451	45.22	6.65	$3,135
Apr 2005	4	449	49.20	7.36	$3,502
Mar 2005	2	479	50.37	7.15	$3,528
Feb 2005	2	450	45.22	6.31	$2,931
Jan 2005	1	548	43.16	6.32	$3,508
Dec 2004	2	413	39.86	6.75	$2,868
Nov 2004	2	534	45.28	6.33	$3,471
Oct 2004	3	530	49.70	6.52	$3,602
Sep 2004	3	512	43.24	5.28	$2,835
Aug 2004	3	669	42.37	5.55	$3,841
Jul 2004	3	639	38.28	6.08	$4,003
Jun 2004	3	580	36.10	6.43	$3,839
May 2004	3	644	37.48	6.49	$4,295
Apr 2004	3	624	34.47	5.86	$3,759
Mar 2004	3	698	34.36	5.53	$3,963
Feb 2004	3	654	32.45	5.51	$3,701
Jan 2004	2	647	32.03	6.30	$4,140
Dec 2003	2	681	30.26	6.30	$4,352
Nov 2003	2	634	28.80	4.60	$2,971
Oct 2003	3	610	28.17	4.76	$2,988
Sep 2003	4	609	26.31	4.75	$2,998
Aug 2003	3	696	29.76	5.13	$3,660
Jul 2003	3	691	29.41	5.17	$3,661
Jun 2003	3	694	28.56	5.98	$4,238
May 2003	4	684	26.59	5.97	$4,192
Apr 2003	2	626	26.67	5.41	$3,438
Mar 2003	2	0	31.14	6.10	$62
Feb 2003	2	633	33.48	7.93	$5,084
Jan 2003	2	689	30.31	5.58	$3,907
Dec 2002	1	630	26.91	4.85	$3,085
Nov 2002	1	677	24.66	4.14	$2,825
Oct 2002	3	649	26.46	4.23	$2,824
Sep 2002	2	666	27.44	3.64	$2,476
Aug 2002	2	572	25.96	3.16	$1,862
Jul 2002	3	636	24.58	3.06	$2,021
Jun 2002	3	644	23.73	3.34	$2,221
May 2002	2	673	24.66	3.58	$2,461
Apr 2002	2	610	23.65	3.51	$2,190
Mar 2002	1	253	22.00	3.10	$807
Feb 2002	2	474	18.22	2.38	$1,163
Jan 2002	3	672	17.17	2.38	$1,648
Dec 2001	3	701	16.93	2.36	$1,708
Nov 2001	2	589	18.07	2.41	$1,453
Oct 2001	2	363	19.78	2.53	$958
Sep 2001	1	710	24.26	2.25	$1,623
Aug 2001	2	682	24.87	3.05	$2,132
Jul 2001	2	772	23.93	3.20	$2,516
Jun 2001	3	649	24.56	3.82	$2,556
May 2001	3	748	25.52	4.31	$3,298
Apr 2001	3	628	24.68	5.34	$3,425
Mar 2001	5	732	24.54	5.38	$4,058
Feb 2001	4	608	27.75	5.77	$3,617
Jan 2001	4	780	27.47	8.40	$6,661
Dec 2000	4	826	26.88	9.12	$7,643
Nov 2000	3	748	32.21	5.66	$4,329
Oct 2000	3	736	31.23	5.15	$3,881
Sep 2000	2	727	31.87	5.19	$3,834
Aug 2000	3	752	29.64	4.54	$3,504
Jul 2000	2	732	28.53	4.09	$3,051
Jun 2000	3	780	29.30	4.40	$3,518
May 2000	3	643	27.26	3.68	$2,448
Apr 2000	5	783	24.51	3.12	$2,562
Mar 2000	3	837	28.42	2.86	$2,479
Feb 2000	3	816	27.62	2.73	$2,308
Jan 2000	3	778	25.27	2.48	$2,006
Dec 1999	3	773	24.28	2.42	$1,946
Nov 1999	3	770	23.19	2.43	$1,944
Oct 1999	4	784	20.98	2.80	$2,282
Sep 1999	3	865	21.75	2.62	$2,331
Aug 1999	3	919	19.26	2.88	$2,700
Jul 1999	3	884	17.89	2.37	$2,151
Jun 1999	0	960	15.94	2.36	$2,268
May 1999	0	693	15.79	2.32	$1,608
Apr 1999	0	755	15.10	2.21	$1,667
Mar 1999	0	816	12.47	1.84	$1,500
Feb 1999	0	665	9.98	1.82	$1,209
Jan 1999	0	848	10.38	1.90	$1,611
Dec 1998	0	775	9.20	1.77	$1,374
Nov 1998	0	793	10.89	2.19	$1,733
Oct 1998	0	885	12.42	1.97	$1,743
Sep 1998	0	842	12.59	2.08	$1,754
Aug 1998	0	890	11.30	1.91	$1,698
Jul 1998	0	895	11.74	2.24	$2,002
Jun 1998	0	851	11.24	2.24	$1,904
May 1998	0	927	12.62	2.21	$2,045
Apr 1998	0	874	13.04	2.51	$2,190
Mar 1998	0	821	12.80	2.31	$1,896
Feb 1998	0	783	13.95	2.30	$1,800
Jan 1998	0	907	14.70	2.15	$1,954
Dec 1997	0	940	16.32	2.41	$2,266
Nov 1997	0	823	18.19	3.09	$2,542
Oct 1997	0	984	19.25	3.15	$3,099
Sep 1997	0	910	17.74	2.95	$2,689
Aug 1997	0	867	17.86	2.55	$2,215
Jul 1997	0	873	17.58	2.25	$1,962
Jun 1997	0	1,015	17.24	2.26	$2,291
May 1997	0	912	18.97	2.31	$2,105
Apr 1997	0	901	17.88	2.08	$1,877
Mar 1997	0	1,190	18.95	1.94	$2,308
Feb 1997	0	821	20.49	2.21	$1,811
Jan 1997	0	1,032	23.48	3.54	$3,653
Dec 1996	0	1,171	23.32	—	$0
Nov 1996	0	1,074	21.97	—	$0
Oct 1996	0	1,295	23.31	—	$0
Sep 1996	0	1,318	22.22	—	$0
Aug 1996	0	1,303	20.26	—	$0
Jul 1996	0	1,432	19.55	—	$0
Jun 1996	0	1,417	18.73	—	$0
May 1996	0	1,641	19.43	—	$0
Apr 1996	0	1,294	21.51	—	$0
Mar 1996	0	1,255	19.38	—	$0
Feb 1996	0	1,552	16.98	—	$0
Jan 1996	0	1,270	17.07	—	$0
Dec 1995	0	1,635	17.19	—	$0
Nov 1995	0	1,741	16.00	—	$0
Oct 1995	0	1,778	15.43	—	$0
Sep 1995	0	1,851	16.18	—	$0
Aug 1995	0	1,814	15.92	—	$0
Jul 1995	0	1,549	15.24	—	$0
Jun 1995	0	1,998	16.41	—	$0
May 1995	0	2,155	17.56	—	$0
Apr 1995	0	2,246	17.73	—	$0
Mar 1995	0	2,354	16.44	—	$0
Feb 1995	0	2,659	16.58	—	$0
Jan 1995	0	1,510	15.92	—	$0
Dec 1994	0	2,852	15.03	—	$0
Nov 1994	0	1,745	15.90	—	$0
Oct 1994	0	1,762	15.58	—	$0
Sep 1994	0	1,691	15.29	—	$0
Aug 1994	0	1,799	16.13	—	$0
Jul 1994	0	2,441	17.56	—	$0
Jun 1994	0	2,264	17.09	—	$0
May 1994	0	1,547	15.88	—	$0
Apr 1994	1	2,079	14.14	—	$14
Mar 1994	6	2,276	12.46	—	$75
Feb 1994	7	1,786	12.50	—	$88
Jan 1994	10	2,034	12.66	—	$127
Dec 1993	7	2,378	12.33	—	$86
Nov 1993	10	2,137	14.49	—	$145
Oct 1993	0	2,204	15.85	—	$0
Sep 1993	6	2,680	15.03	—	$90
Aug 1993	0	2,521	15.66	—	$0
Jul 1993	5	2,286	15.46	—	$77
Jun 1993	0	1,611	16.79	—	$0
May 1993	3	1,821	17.68	—	$53
Apr 1993	0	1,625	18.05	—	$0
Mar 1993	0	1,903	18.14	—	$0
Feb 1993	0	1,930	17.90	—	$0
Jan 1993	0	2,176	16.93	—	$0

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.

Nov 2007 — as filed, then multipliedworked

Condensate             0 bbl  × $ 91.67 =         $0
Gas                    2 Mcf  × $  7.29 =        $15

────────────────────────────────────────────────────
Month total                                      $15

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/98822 is the state's own key, not one this site invented.