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Texas gas well

Producing

REED ESTATE UNIT

Reed Estate Unit is a gas well in Panola County, Texas, operated by Rfe Operating, LLC in the Carthage (Cotton Valley) field.

1 well

26,628mcf gas, last 12 months+75% vs prior year
Operator
Rfe Operating, LLC
County
Panola County
Field
Carthage (Cotton Valley)
RRC lease
06-226141

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil, last 12 months
178 bbl
Gas in Jul 2026
1,160 mcf

Production by month

Gas output rose 75% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 75% over the last 12 monthsMonthly gas production and oil for REED ESTATE UNIT, Aug 2023 to Jul 2026. Gas output rose 75% over the last 12 months. 26,628 mcf in the 12 months through Jul 2026, against 15,231 mcf in the 12 months before.Last 12 months: 26,628 mcfmcf per monthbbl per month001,000202,000403,000604,00080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 75% over the last 12 monthsMonthly gas production and oil for REED ESTATE UNIT, Aug 2023 to Jul 2026. Gas output rose 75% over the last 12 months. 26,628 mcf in the 12 months through Jul 2026, against 15,231 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,000202,000403,000604,00080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of REED ESTATE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of REED ESTATE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in Oct 2022

Operators of this lease over timeCRD Operating, LLC, Jan 2020 to Feb 2021; Slant Operating, LLC, Mar 2021 to Sep 2022; Rfe Operating, LLC, Oct 2022 to Jul 20262020202120222023202420252026Changed Mar 2021Changed Oct 2022CRD Operating, LLCJan 2020 to Feb 2021Slant Operating, LLCMar 2021 to Sep 2022Rfe Operating, LLCOct 2022 to now
Operators of this lease over timeCRD Operating, LLC, Jan 2020 to Feb 2021; Slant Operating, LLC, Mar 2021 to Sep 2022; Rfe Operating, LLC, Oct 2022 to Jul 20262020202120222023202420252026Changed Mar 2021Changed Oct 2022CRD Operating, LLCJan 2020 to Feb 2021Slant Operating, LLCMar 2021 to Sep 2022Rfe Operating, LLCOct 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on REED ESTATE UNIT
API numberWell no.Status
42-365-363655Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCCondensateGathers50Nov 1, 2022–
Energy Trans Crude Marketing LLCCondensateGathers50Nov 1, 2022–
Southwest Energy, L.p.Gas-well gasBuys100Oct 1, 2022–
Markwest Energy E TX Gas Co, LLCGas-well gasGathers100Mar 1, 2021–
Energy Trans Crude Marketing LLCCondensateGathers100Jul 1, 2021Nov 1, 2022
Slant Operating, LLCGas-well gasBuys100Mar 1, 2021Oct 1, 2022
Lion Oil Trading & Trans, LLCCondensateGathers100Apr 30, 2020Jul 1, 2021
Dcp Operating Company, LPGas-well gasGathers100Apr 1, 2017Mar 1, 2021
Crd Operating, LLCGas-well gasBuys100Aug 16, 2018Mar 1, 2021
Plains Marketing, L.p.CondensateGathers100Aug 1, 2010Apr 30, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

645.22 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Check your decimal on this lease
Permits for Reed Estate Unit
API numberWell no.Acreson the permit
42-365-363655645.22

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for REED ESTATE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Rfe Operating,2501,1601,1600$80.46$2.89
Jun 2026Rfe Operating,201,2781,2780$84.81$3.15
May 2026Rfe Operating,111,6241,6240$102.13$2.94
Apr 2026Rfe Operating,1642,1892,1890$100.32$2.77
Mar 2026Rfe Operating,1302,1142,1140$91.38$3.04
Feb 2026Rfe Operating,2002,5102,5100$64.51$3.62
Jan 2026Rfe Operating,3222,4972,4970$60.04$7.72
Dec 2025Rfe Operating,261742,0782,0780$57.97$4.26
Nov 2025Rfe Operating,1102,5672,5670$60.06$3.79
Oct 2025Rfe Operating,3202,6192,6190$60.89$3.19
Sep 2025Rfe Operating,002,7912,7910$63.96$2.97
Aug 2025Rfe Operating,003,2013,2010$64.86$2.91
Jul 2025Rfe Operating,6502,3342,3340$68.39$3.20
Jun 2025Rfe Operating,005215210$68.17$3.02
May 2025Rfe Operating,205715710$62.17$3.12
Apr 2025Rfe Operating,506756750$63.54$3.42
Mar 2025Rfe Operating,509889880$68.24$4.12
Feb 2025Rfe Operating,00000$71.53$4.19
Jan 2025Rfe Operating,004064060$75.74$4.13
Dec 2024Rfe Operating,1809789780$70.12$3.01
Nov 2024Rfe Operating,001,0691,0690$69.95$2.12
Oct 2024Rfe Operating,001,9451,9450$71.99$2.20
Sep 2024Rfe Operating,002,7072,7070$70.24$2.28
Aug 2024Rfe Operating,221743,0373,0370$76.68$1.99
Jul 2024Rfe Operating,001,5711,5710$81.80$2.07
Jun 2024Rfe Operating,722,6592,6590$79.77$2.54
May 2024Rfe Operating,332,8032,8030$80.02$2.12
Apr 2024Rfe Operating,1832,7472,7470$85.35$1.60
Mar 2024Rfe Operating,2942,8682,8680$81.28$1.49
Feb 2024Rfe Operating,2502,6682,6680$77.25$1.72
Jan 2024Rfe Operating,4102,9082,9080$74.15$3.18
Dec 2023Rfe Operating,2602,9422,9420$71.90$2.52
Nov 2023Rfe Operating,401903,1603,1600$77.69$2.71
Oct 2023Rfe Operating,2943,1433,1430$85.64$2.98
Sep 2023Rfe Operating,3533,2553,2550$89.43$2.64
Aug 2023Rfe Operating,1203,8613,8610$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorRfe Operating, LLCFieldCarthage (Cotton Valley)CountyPanola County

Rfe Operating, LLC in Panola County

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