Skip to content
Royalty Clerk

Texas gas well

Producing

REED GAS UNIT NO. II

Reed Gas Unit No. II is a gas well in Limestone County, Texas, operated by Hilcorp Energy Company in the Farrar (Cotton Valley Lime) field.

1 well

6,882mcf gas, last 12 months−28% vs prior year
RRC lease
05-198798

Is your check right?

Check my statement

Where it sits

This county

Limestone CountyLimestoneFallsHillMcLennanLeonNavarroFreestoneLimestone County
Limestone County
Gas in Jul 2026
115 mcf
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    Sales over the last 3 months fell to 16% of the 9 months before.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Gas output fell 28% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output fell 28% over the last 12 monthsMonthly gas production for REED GAS UNIT NO. II, Aug 2023 to Jul 2026. Gas output fell 28% over the last 12 months. 6,882 mcf in the 12 months through Jul 2026, against 9,582 mcf in the 12 months before.Last 12 months: 6,882 mcfmcf per month05001,0001,5002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 28% over the last 12 monthsMonthly gas production for REED GAS UNIT NO. II, Aug 2023 to Jul 2026. Gas output fell 28% over the last 12 months. 6,882 mcf in the 12 months through Jul 2026, against 9,582 mcf in the 12 months before.Last 12 monthsmcf per month05001,0001,5002,000Jan 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 GAS UNIT NO. II 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 GAS UNIT NO. II 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 once, most recently in Jan 2024

Operators of this lease over timeXTO Energy Inc., Jan 2020 to Dec 2023; Hilcorp Energy Company, Jan 2024 to Jul 20262020202120222023202420252026Changed Jan 2024XTO Energy Inc.Jan 2020 to Dec 2023Hilcorp Energy CompanyJan 2024 to now
Operators of this lease over timeXTO Energy Inc., Jan 2020 to Dec 2023; Hilcorp Energy Company, Jan 2024 to Jul 20262020202120222023202420252026Changed Jan 2024XTO Energy Inc.Jan 2020 to Dec 2023Hilcorp Energy CompanyJan 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on REED GAS UNIT NO. II
API numberWell no.Status
42-293-314922Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCCondensateGathers100May 1, 2026–
Xto Energy Inc.Gas-well gasBuys100Jan 1, 2024–
Hilcorp Freestone Gas Services,Gas-well gasGathers34May 1, 2026–
Energy Transfer CompanyGas-well gasGathers33May 1, 2026–
Midcoast Pipelines (E Tx) L.p.Gas-well gasGathers33May 1, 2026–
Endeavor Crude, LLCCondensateGathers34Jan 1, 2024May 1, 2026
Energy Trans Crude Marketing LLCCondensateGathers33Jan 1, 2024May 1, 2026
Plains Marketing, L.p.CondensateGathers33Jan 1, 2024May 1, 2026
Hilcorp Freestone Gas Services,Gas-well gasGathers100Jan 1, 2024May 1, 2026
Plains Marketing, L.p.CondensateGathers100Nov 7, 2003Jan 1, 2024
Trend Gathering & Treating, LLCGas-well gasGathers100May 1, 2012Jan 1, 2024

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

392.05 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.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Reed Gas Unit No. II
API numberWell no.Acreson the permit
42-293-314922392.05

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

Estimate your royalty

36 months, newest first

Ledger for REED GAS UNIT NO. II
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Hilcorp Energy1151150$80.46$2.89
Jun 2026Hilcorp Energy85850$84.81$3.15
May 2026Hilcorp Energy1531530$102.13$2.94
Apr 2026Hilcorp Energy2402400$100.32$2.77
Mar 2026Hilcorp Energy2642640$91.38$3.04
Feb 2026Hilcorp Energy3243240$64.51$3.62
Jan 2026Hilcorp Energy4034030$60.04$7.72
Dec 2025Hilcorp Energy9969960$57.97$4.26
Nov 2025Hilcorp Energy1,0501,0500$60.06$3.79
Oct 2025Hilcorp Energy1,2471,2470$60.89$3.19
Sep 2025Hilcorp Energy1,2601,2600$63.96$2.97
Aug 2025Hilcorp Energy7457450$64.86$2.91
Jul 2025Hilcorp Energy7497490$68.39$3.20
Jun 2025Hilcorp Energy6036030$68.17$3.02
May 2025Hilcorp Energy6886880$62.17$3.12
Apr 2025Hilcorp Energy3203200$63.54$3.42
Mar 2025Hilcorp Energy1,1181,1180$68.24$4.12
Feb 2025Hilcorp Energy1,1721,1720$71.53$4.19
Jan 2025Hilcorp Energy1,1911,1910$75.74$4.13
Dec 2024Hilcorp Energy1,0461,0460$70.12$3.01
Nov 2024Hilcorp Energy7807800$69.95$2.12
Oct 2024Hilcorp Energy5575570$71.99$2.20
Sep 2024Hilcorp Energy9179170$70.24$2.28
Aug 2024Hilcorp Energy4414410$76.68$1.99
Jul 2024Hilcorp Energy4594590$81.80$2.07
Jun 2024Hilcorp Energy2322320$79.77$2.54
May 2024Hilcorp Energy1311310$80.02$2.12
Apr 2024Hilcorp Energy2142140$85.35$1.60
Mar 2024Hilcorp Energy1801800$81.28$1.49
Feb 2024Hilcorp Energy2872870$77.25$1.72
Jan 2024Hilcorp Energy64640$74.15$3.18
Dec 2023XTO Energy97970$71.90$2.52
Nov 2023XTO Energy1101100$77.69$2.71
Oct 2023XTO Energy1891890$85.64$2.98
Sep 2023XTO Energy9649640$89.43$2.64
Aug 2023XTO Energy1,3781,3780$81.39$2.58

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

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Nearby

Farrar (Cotton Valley Lime) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km