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Royalty Clerk

Texas gas well

Producing

REED "P" GAS UNIT NO. 1

Reed "P" Gas Unit No. 1 is a gas well in Limestone County, Texas, operated by Hilcorp Energy Company in the Freestone (CV-Bossier Cons.) field.

1 well

7,003mcf gas, last 12 months+23% vs prior year
RRC lease
05-231220

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Where it sits

This county

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

Production by month

Gas output rose 23% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output rose 23% over the last 12 monthsMonthly gas production for REED "P" GAS UNIT NO. 1, Aug 2023 to Jul 2026. Gas output rose 23% over the last 12 months. 7,003 mcf in the 12 months through Jul 2026, against 5,692 mcf in the 12 months before.Last 12 months: 7,003 mcfmcf per month0200400600800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 23% over the last 12 monthsMonthly gas production for REED "P" GAS UNIT NO. 1, Aug 2023 to Jul 2026. Gas output rose 23% over the last 12 months. 7,003 mcf in the 12 months through Jul 2026, against 5,692 mcf in the 12 months before.Last 12 monthsmcf per month0200400600800Jan 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 "P" GAS UNIT NO. 1 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 "P" GAS UNIT NO. 1 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 "P" GAS UNIT NO. 1
API numberWell no.Status
42-293-3182318Active

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.CondensateGathers100Aug 4, 2007Jan 1, 2024
Trend Gathering & Treating, LLCGas-well gasGathers100May 1, 2012Jan 1, 2024

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

576.31 acres on the newest permit

Permits for Reed "P" Gas Unit No. 1
API numberWell no.Acreson the permit
42-293-3182318576.31

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

Estimate your royalty

36 months, newest first

Ledger for REED "P" GAS UNIT NO. 1
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Hilcorp Energy5085080$80.46$2.89
Jun 2026Hilcorp Energy4894890$84.81$3.15
May 2026Hilcorp Energy4884880$102.13$2.94
Apr 2026Hilcorp Energy4824820$100.32$2.77
Mar 2026Hilcorp Energy6306300$91.38$3.04
Feb 2026Hilcorp Energy5625620$64.51$3.62
Jan 2026Hilcorp Energy6736730$60.04$7.72
Dec 2025Hilcorp Energy6666660$57.97$4.26
Nov 2025Hilcorp Energy6506500$60.06$3.79
Oct 2025Hilcorp Energy5675670$60.89$3.19
Sep 2025Hilcorp Energy6596590$63.96$2.97
Aug 2025Hilcorp Energy6296290$64.86$2.91
Jul 2025Hilcorp Energy5285280$68.39$3.20
Jun 2025Hilcorp Energy6856850$68.17$3.02
May 2025Hilcorp Energy5905900$62.17$3.12
Apr 2025Hilcorp Energy7547540$63.54$3.42
Mar 2025Hilcorp Energy4244240$68.24$4.12
Feb 2025Hilcorp Energy4424420$71.53$4.19
Jan 2025Hilcorp Energy5325320$75.74$4.13
Dec 2024Hilcorp Energy4464460$70.12$3.01
Nov 2024Hilcorp Energy5725720$69.95$2.12
Oct 2024Hilcorp Energy4284280$71.99$2.20
Sep 2024Hilcorp Energy1371370$70.24$2.28
Aug 2024Hilcorp Energy1541540$76.68$1.99
Jul 2024Hilcorp Energy2222220$81.80$2.07
Jun 2024Hilcorp Energy4544540$79.77$2.54
May 2024Hilcorp Energy4774770$80.02$2.12
Apr 2024Hilcorp Energy5195190$85.35$1.60
Mar 2024Hilcorp Energy5465460$81.28$1.49
Feb 2024Hilcorp Energy5055050$77.25$1.72
Jan 2024Hilcorp Energy5875870$74.15$3.18
Dec 2023XTO Energy6436430$71.90$2.52
Nov 2023XTO Energy6186180$77.69$2.71
Oct 2023XTO Energy6556550$85.64$2.98
Sep 2023XTO Energy5445440$89.43$2.64
Aug 2023XTO Energy3903900$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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Nearby

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