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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

25,484mcf gas, last 12 months−14% vs prior year
RRC lease
05-220516

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Where it sits

This county

Limestone CountyLimestoneFallsHillMcLennanLeonNavarroFreestoneLimestone County
Limestone County
Oil, last 12 months
28 bbl
Gas in Jul 2026
1,562 mcf

Production by month

Gas output fell 14% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 14% over the last 12 monthsMonthly gas production and oil for REED "P" NO. 1 GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 14% over the last 12 months. 25,484 mcf in the 12 months through Jul 2026, against 29,721 mcf in the 12 months before.Last 12 months: 25,484 mcfmcf per monthbbl per month001,00022,00043,00064,0008Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 14% over the last 12 monthsMonthly gas production and oil for REED "P" NO. 1 GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 14% over the last 12 months. 25,484 mcf in the 12 months through Jul 2026, against 29,721 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,00022,00043,00064,0008Jan 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
42-293-3177717Active

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.CondensateGathers100Jun 10, 2006Jan 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" No. 1 Gas Unit
API numberWell no.Acreson the permit
42-293-3177717576.31

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

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 Energy001,5621,5620$80.46$2.89
Jun 2026Hilcorp Energy221,5761,5760$84.81$3.15
May 2026Hilcorp Energy331,7761,7760$102.13$2.94
Apr 2026Hilcorp Energy221,4841,4840$100.32$2.77
Mar 2026Hilcorp Energy222,4142,4140$91.38$3.04
Feb 2026Hilcorp Energy113,1763,1760$64.51$3.62
Jan 2026Hilcorp Energy442,6452,6450$60.04$7.72
Dec 2025Hilcorp Energy332,0022,0020$57.97$4.26
Nov 2025Hilcorp Energy332,1592,1590$60.06$3.79
Oct 2025Hilcorp Energy442,3272,3270$60.89$3.19
Sep 2025Hilcorp Energy222,3702,3700$63.96$2.97
Aug 2025Hilcorp Energy221,9931,9930$64.86$2.91
Jul 2025Hilcorp Energy772,2612,2610$68.39$3.20
Jun 2025Hilcorp Energy222,5802,5800$68.17$3.02
May 2025Hilcorp Energy552,5942,5940$62.17$3.12
Apr 2025Hilcorp Energy442,5572,5570$63.54$3.42
Mar 2025Hilcorp Energy332,7902,7900$68.24$4.12
Feb 2025Hilcorp Energy002,6372,6370$71.53$4.19
Jan 2025Hilcorp Energy002,1462,1460$75.74$4.13
Dec 2024Hilcorp Energy002,5822,5820$70.12$3.01
Nov 2024Hilcorp Energy002,6412,6410$69.95$2.12
Oct 2024Hilcorp Energy002,7582,7580$71.99$2.20
Sep 2024Hilcorp Energy441,9361,9360$70.24$2.28
Aug 2024Hilcorp Energy222,2392,2390$76.68$1.99
Jul 2024Hilcorp Energy222,1182,1180$81.80$2.07
Jun 2024Hilcorp Energy112,3182,3180$79.77$2.54
May 2024Hilcorp Energy222,4072,4070$80.02$2.12
Apr 2024Hilcorp Energy222,4442,4440$85.35$1.60
Mar 2024Hilcorp Energy002,5712,5710$81.28$1.49
Feb 2024Hilcorp Energy002,4942,4940$77.25$1.72
Jan 2024Hilcorp Energy112,1942,1940$74.15$3.18
Dec 2023XTO Energy002,0402,0400$71.90$2.52
Nov 2023XTO Energy002,4322,4320$77.69$2.71
Oct 2023XTO Energy002,4892,4890$85.64$2.98
Sep 2023XTO Energy002,4732,4730$89.43$2.64
Aug 2023XTO Energy002,6002,6000$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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Freestone (CV-Bossier Cons.) field

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