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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

6,918mcf gas, last 12 months−16% vs prior year
Operator
Hilcorp Energy Company
County
Limestone County
Field
Freestone (CV-Bossier Cons.)
RRC lease
05-229970

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Where it sits

This county

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

Production by month

Gas output fell 16% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 16% over the last 12 monthsMonthly gas production and oil for REED "P" NO. 1 GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 16% over the last 12 months. 6,918 mcf in the 12 months through Jul 2026, against 8,188 mcf in the 12 months before.Last 12 months: 6,918 mcfmcf per monthbbl per month0050011,00021,50032,0004Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 16% over the last 12 monthsMonthly gas production and oil for REED "P" NO. 1 GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 16% over the last 12 months. 6,918 mcf in the 12 months through Jul 2026, against 8,188 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0050011,00021,50032,0004Jan 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
42-293-3192812Active

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 24, 2007Jan 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

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Permits for Reed "P" No. 1 Gas Unit
API numberWell no.Acreson the permit
42-293-3192812576.31

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

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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 Energy005195190$80.46$2.89
Jun 2026Hilcorp Energy008148140$84.81$3.15
May 2026Hilcorp Energy007517510$102.13$2.94
Apr 2026Hilcorp Energy005265260$100.32$2.77
Mar 2026Hilcorp Energy005465460$91.38$3.04
Feb 2026Hilcorp Energy004754750$64.51$3.62
Jan 2026Hilcorp Energy004544540$60.04$7.72
Dec 2025Hilcorp Energy005065060$57.97$4.26
Nov 2025Hilcorp Energy005245240$60.06$3.79
Oct 2025Hilcorp Energy005635630$60.89$3.19
Sep 2025Hilcorp Energy006066060$63.96$2.97
Aug 2025Hilcorp Energy006346340$64.86$2.91
Jul 2025Hilcorp Energy006216210$68.39$3.20
Jun 2025Hilcorp Energy008268260$68.17$3.02
May 2025Hilcorp Energy006786780$62.17$3.12
Apr 2025Hilcorp Energy006336330$63.54$3.42
Mar 2025Hilcorp Energy006646640$68.24$4.12
Feb 2025Hilcorp Energy006066060$71.53$4.19
Jan 2025Hilcorp Energy006856850$75.74$4.13
Dec 2024Hilcorp Energy007007000$70.12$3.01
Nov 2024Hilcorp Energy006656650$69.95$2.12
Oct 2024Hilcorp Energy007377370$71.99$2.20
Sep 2024Hilcorp Energy006606600$70.24$2.28
Aug 2024Hilcorp Energy007137130$76.68$1.99
Jul 2024Hilcorp Energy001,5981,5980$81.80$2.07
Jun 2024Hilcorp Energy007387380$79.77$2.54
May 2024Hilcorp Energy331,3501,3500$80.02$2.12
Apr 2024Hilcorp Energy441,5911,5910$85.35$1.60
Mar 2024Hilcorp Energy001,9241,9240$81.28$1.49
Feb 2024Hilcorp Energy001,8721,8720$77.25$1.72
Jan 2024Hilcorp Energy221,5451,5450$74.15$3.18
Dec 2023XTO Energy001,6081,6080$71.90$2.52
Nov 2023XTO Energy001,5201,5200$77.69$2.71
Oct 2023XTO Energy001,3681,3680$85.64$2.98
Sep 2023XTO Energy001,7231,7230$89.43$2.64
Aug 2023XTO Energy001,5861,5860$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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