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Texas gas well

Producing

REED "P" NO.1 GAS UNIT

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

1 well

6,641mcf gas, last 12 months+28% vs prior year
Operator
Hilcorp Energy Company
County
Freestone County
Field
Freestone (CV-Bossier Cons.)
RRC lease
05-150944

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Where it sits

This county

Freestone CountyFreestoneLimestoneEllisAndersonLeonNavarroHendersonFreestone County
Freestone County
Oil, last 12 months
17 bbl
Gas in Jul 2026
485 mcf

Production by month

Gas output rose 28% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 28% over the last 12 monthsMonthly gas production and oil for REED "P" NO.1 GAS UNIT, Aug 2023 to Jul 2026. Gas output rose 28% over the last 12 months. 6,641 mcf in the 12 months through Jul 2026, against 5,196 mcf in the 12 months before.Last 12 months: 6,641 mcfmcf per monthbbl per month0020014002600380041,0005Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 28% over the last 12 monthsMonthly gas production and oil for REED "P" NO.1 GAS UNIT, Aug 2023 to Jul 2026. Gas output rose 28% over the last 12 months. 6,641 mcf in the 12 months through Jul 2026, against 5,196 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0020014002600380041,0005Jan 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" NO.1 GAS 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 "P" NO.1 GAS 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 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" NO.1 GAS UNIT
API numberWell no.Status
42-161-312452Active

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.CondensateGathers100Sep 1, 2002Jan 1, 2024
Trend Gathering & Treating, LLCGas-well gasGathers100May 1, 2012Jan 1, 2024

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

Who buys my oilOil price check

576.31 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 "P" No.1 Gas Unit
API numberWell no.Acreson the permit
42-161-312452576.31

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for REED "P" NO.1 GAS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Hilcorp Energy004854850$80.46$2.89
Jun 2026Hilcorp Energy004814810$84.81$3.15
May 2026Hilcorp Energy557637630$102.13$2.94
Apr 2026Hilcorp Energy115675670$100.32$2.77
Mar 2026Hilcorp Energy005555550$91.38$3.04
Feb 2026Hilcorp Energy003493490$64.51$3.62
Jan 2026Hilcorp Energy446986980$60.04$7.72
Dec 2025Hilcorp Energy335555550$57.97$4.26
Nov 2025Hilcorp Energy115525520$60.06$3.79
Oct 2025Hilcorp Energy225155150$60.89$3.19
Sep 2025Hilcorp Energy006076070$63.96$2.97
Aug 2025Hilcorp Energy115145140$64.86$2.91
Jul 2025Hilcorp Energy336556550$68.39$3.20
Jun 2025Hilcorp Energy005035030$68.17$3.02
May 2025Hilcorp Energy005285280$62.17$3.12
Apr 2025Hilcorp Energy005545540$63.54$3.42
Mar 2025Hilcorp Energy005975970$68.24$4.12
Feb 2025Hilcorp Energy005145140$71.53$4.19
Jan 2025Hilcorp Energy003773770$75.74$4.13
Dec 2024Hilcorp Energy002662660$70.12$3.01
Nov 2024Hilcorp Energy003923920$69.95$2.12
Oct 2024Hilcorp Energy002602600$71.99$2.20
Sep 2024Hilcorp Energy003673670$70.24$2.28
Aug 2024Hilcorp Energy001831830$76.68$1.99
Jul 2024Hilcorp Energy002292290$81.80$2.07
Jun 2024Hilcorp Energy002942940$79.77$2.54
May 2024Hilcorp Energy003563560$80.02$2.12
Apr 2024Hilcorp Energy003063060$85.35$1.60
Mar 2024Hilcorp Energy002812810$81.28$1.49
Feb 2024Hilcorp Energy003703700$77.25$1.72
Jan 2024Hilcorp Energy003033030$74.15$3.18
Dec 2023XTO Energy004424420$71.90$2.52
Nov 2023XTO Energy002692690$77.69$2.71
Oct 2023XTO Energy004284280$85.64$2.98
Sep 2023XTO Energy002952950$89.43$2.64
Aug 2023XTO Energy004464460$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

OperatorHilcorp Energy CompanyFieldFreestone (CV-Bossier Cons.)CountyFreestone County

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