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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

6,977mcf gas, last 12 months−22% vs prior year
RRC lease
05-224376

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Where it sits

This county

Freestone CountyFreestoneLimestoneEllisAndersonLeonNavarroHendersonFreestone County
Freestone County
Gas in Jul 2026
558 mcf
Reporting since
Jan 2020

Production by month

Gas output fell 22% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output fell 22% over the last 12 monthsMonthly gas production for REED "P" NO. 1 GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 22% over the last 12 months. 6,977 mcf in the 12 months through Jul 2026, against 8,897 mcf in the 12 months before.Last 12 months: 6,977 mcfmcf per month05001,0001,5002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 22% over the last 12 monthsMonthly gas production for REED "P" NO. 1 GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 22% over the last 12 months. 6,977 mcf in the 12 months through Jul 2026, against 8,897 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 "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
42-161-3359919Active

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.CondensateGathers100Oct 24, 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
42-161-3359919576.31

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
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Hilcorp Energy5585580$80.46$2.89
Jun 2026Hilcorp Energy5265260$84.81$3.15
May 2026Hilcorp Energy5365360$102.13$2.94
Apr 2026Hilcorp Energy5375370$100.32$2.77
Mar 2026Hilcorp Energy5755750$91.38$3.04
Feb 2026Hilcorp Energy5295290$64.51$3.62
Jan 2026Hilcorp Energy5945940$60.04$7.72
Dec 2025Hilcorp Energy6106100$57.97$4.26
Nov 2025Hilcorp Energy6066060$60.06$3.79
Oct 2025Hilcorp Energy6396390$60.89$3.19
Sep 2025Hilcorp Energy6226220$63.96$2.97
Aug 2025Hilcorp Energy6456450$64.86$2.91
Jul 2025Hilcorp Energy1,0331,0330$68.39$3.20
Jun 2025Hilcorp Energy1,1321,1320$68.17$3.02
May 2025Hilcorp Energy9709700$62.17$3.12
Apr 2025Hilcorp Energy7217210$63.54$3.42
Mar 2025Hilcorp Energy6416410$68.24$4.12
Feb 2025Hilcorp Energy5165160$71.53$4.19
Jan 2025Hilcorp Energy5365360$75.74$4.13
Dec 2024Hilcorp Energy5675670$70.12$3.01
Nov 2024Hilcorp Energy5715710$69.95$2.12
Oct 2024Hilcorp Energy6486480$71.99$2.20
Sep 2024Hilcorp Energy6996990$70.24$2.28
Aug 2024Hilcorp Energy8638630$76.68$1.99
Jul 2024Hilcorp Energy8428420$81.80$2.07
Jun 2024Hilcorp Energy1,1871,1870$79.77$2.54
May 2024Hilcorp Energy1,4291,4290$80.02$2.12
Apr 2024Hilcorp Energy1,2371,2370$85.35$1.60
Mar 2024Hilcorp Energy1,1121,1120$81.28$1.49
Feb 2024Hilcorp Energy8738730$77.25$1.72
Jan 2024Hilcorp Energy7747740$74.15$3.18
Dec 2023XTO Energy8608600$71.90$2.52
Nov 2023XTO Energy6516510$77.69$2.71
Oct 2023XTO Energy7327320$85.64$2.98
Sep 2023XTO Energy8718710$89.43$2.64
Aug 2023XTO Energy1,1441,1440$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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Hilcorp Energy Company in Freestone County

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