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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 Limestone County, Texas, operated by Hilcorp Energy Company in the Freestone (CV-Bossier Cons.) field.

1 well

30,451mcf gas, last 12 months−9% vs prior year
Operator
Hilcorp Energy Company
County
Limestone County
Field
Freestone (CV-Bossier Cons.)
RRC lease
05-220246

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Where it sits

This county

Limestone CountyLimestoneFallsHillMcLennanLeonNavarroFreestoneLimestone County
Limestone County
Gas in Jul 2026
2,266 mcf
Reporting since
Jan 2020

Production by month

Gas output fell 9% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 9% over the last 12 monthsMonthly gas production and oil for REED "P" NO. 1 GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 9% over the last 12 months. 30,451 mcf in the 12 months through Jul 2026, against 33,350 mcf in the 12 months before.Last 12 months: 30,451 mcfmcf per monthbbl per month002,00014,00016,00028,0002Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 9% over the last 12 monthsMonthly gas production and oil for REED "P" NO. 1 GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 9% over the last 12 months. 30,451 mcf in the 12 months through Jul 2026, against 33,350 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,00014,00016,00028,0002Jan 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
42-293-3178411Active

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.CondensateGathers100May 12, 2006Jan 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

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Reed "P" No. 1 Gas Unit
API numberWell no.Acreson the permit
42-293-3178411–

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 Energy002,2662,2660$80.46$2.89
Jun 2026Hilcorp Energy002,7912,7910$84.81$3.15
May 2026Hilcorp Energy002,8842,8840$102.13$2.94
Apr 2026Hilcorp Energy003,7903,7900$100.32$2.77
Mar 2026Hilcorp Energy003,3013,3010$91.38$3.04
Feb 2026Hilcorp Energy001,0411,0410$64.51$3.62
Jan 2026Hilcorp Energy001,5751,5750$60.04$7.72
Dec 2025Hilcorp Energy002,0142,0140$57.97$4.26
Nov 2025Hilcorp Energy002,1862,1860$60.06$3.79
Oct 2025Hilcorp Energy002,1302,1300$60.89$3.19
Sep 2025Hilcorp Energy003,7253,7250$63.96$2.97
Aug 2025Hilcorp Energy002,7482,7480$64.86$2.91
Jul 2025Hilcorp Energy003,9783,9780$68.39$3.20
Jun 2025Hilcorp Energy002,3062,3060$68.17$3.02
May 2025Hilcorp Energy001,0691,0690$62.17$3.12
Apr 2025Hilcorp Energy001,1681,1680$63.54$3.42
Mar 2025Hilcorp Energy001,5861,5860$68.24$4.12
Feb 2025Hilcorp Energy002,2712,2710$71.53$4.19
Jan 2025Hilcorp Energy002,3392,3390$75.74$4.13
Dec 2024Hilcorp Energy003,2503,2500$70.12$3.01
Nov 2024Hilcorp Energy003,3983,3980$69.95$2.12
Oct 2024Hilcorp Energy003,7843,7840$71.99$2.20
Sep 2024Hilcorp Energy003,7413,7410$70.24$2.28
Aug 2024Hilcorp Energy004,4604,4600$76.68$1.99
Jul 2024Hilcorp Energy005,2245,2240$81.80$2.07
Jun 2024Hilcorp Energy227,4607,4600$79.77$2.54
May 2024Hilcorp Energy001,0271,0270$80.02$2.12
Apr 2024Hilcorp Energy006446440$85.35$1.60
Mar 2024Hilcorp Energy004104100$81.28$1.49
Feb 2024Hilcorp Energy004234230$77.25$1.72
Jan 2024Hilcorp Energy006346340$74.15$3.18
Dec 2023XTO Energy004694690$71.90$2.52
Nov 2023XTO Energy004094090$77.69$2.71
Oct 2023XTO Energy005805800$85.64$2.98
Sep 2023XTO Energy004744740$89.43$2.64
Aug 2023XTO Energy005695690$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.)CountyLimestone County

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