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Texas gas well

Producing

REED, W.M. GAS UNIT

Reed, W.m. Gas Unit is a gas well in Panola County, Texas, operated by Mmgl East Texas III, LLC in the Carthage (Travis Peak) field.

1 well

8,337mcf gas, last 12 months+17% vs prior year
Operator
Mmgl East Texas III, LLC
County
Panola County
Field
Carthage (Travis Peak)
RRC lease
06-225221

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Where it sits

This county

Panola CountyPanolaGreggUpshurShelbyRuskHarrisonMarionPanola County
Panola County
Oil, last 12 months
585 bbl
Gas in Jul 2026
710 mcf

Checks stopped on this lease?

  • Operator

    Operator changed: Mmgl East Texas III, LLC took over from BPX Operating Company in Nov 2024.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output rose 17% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 17% over the last 12 monthsMonthly gas production and oil for REED, W.M. GAS UNIT, Aug 2023 to Jul 2026. Gas output rose 17% over the last 12 months. 8,337 mcf in the 12 months through Jul 2026, against 7,114 mcf in the 12 months before.Last 12 months: 8,337 mcfmcf per monthbbl per month002502050040750601,00080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 17% over the last 12 monthsMonthly gas production and oil for REED, W.M. GAS UNIT, Aug 2023 to Jul 2026. Gas output rose 17% over the last 12 months. 8,337 mcf in the 12 months through Jul 2026, against 7,114 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002502050040750601,00080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of REED, W.M. GAS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2024: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of REED, W.M. GAS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Nov 24: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in Nov 2024

Operators of this lease over timeBP America Production Company, Jan 2020 to Feb 2022; BPX Operating Company, Mar 2022 to Oct 2024; Mmgl East Texas III, LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Mar 2022Changed Nov 2024BP America Production CompanyJan 2020 to Feb 2022BPX Operating CompanyMar 2022 to Oct 2024Mmgl East Texas III, LLCNov 2024 to now
Operators of this lease over timeBP America Production Company, Jan 2020 to Feb 2022; BPX Operating Company, Mar 2022 to Oct 2024; Mmgl East Texas III, LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Mar 2022Changed Nov 2024BP America Production CompanyJan 2020 to Feb 2022BPX Operating CompanyMar 2022 to Oct 2024Mmgl East Texas III, LLCNov 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on REED, W.M. GAS UNIT
API numberWell no.Status
42-365-320034Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Statewide Crude Inc.CondensateGathers100Mar 9, 2005–
Bp Energy Co.Gas-well gasBuys100Mar 1, 2022–
Markwest Energy E TX Gas Co, LLCGas-well gasGathers100Nov 1, 2008–
Bp America Production CompanyGas-well gasBuys100Mar 9, 2005Mar 1, 2022

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

Who buys my oilOil price check

641.82 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, W.m. Gas Unit
API numberWell no.Acreson the permit
42-365-320034641.82

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

Unit decimal checker

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36 months, newest first

Ledger for REED, W.M. GAS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Mmgl East51547107100$80.46$2.89
Jun 2026Mmgl East61647497490$84.81$3.15
May 2026Mmgl East68708698690$102.13$2.94
Apr 2026Mmgl East65668368360$100.32$2.77
Mar 2026Mmgl East65577317310$91.38$3.04
Feb 2026Mmgl East33425825820$64.51$3.62
Jan 2026Mmgl East49446796790$60.04$7.72
Dec 2025Mmgl East43436666660$57.97$4.26
Nov 2025Mmgl East51506686680$60.06$3.79
Oct 2025Mmgl East39356606600$60.89$3.19
Sep 2025Mmgl East28315935930$63.96$2.97
Aug 2025Mmgl East32355945940$64.86$2.91
Jul 2025Mmgl East34306056050$68.39$3.20
Jun 2025Mmgl East26235485480$68.17$3.02
May 2025Mmgl East35365885880$62.17$3.12
Apr 2025Mmgl East35385595590$63.54$3.42
Mar 2025Mmgl East49525675670$68.24$4.12
Feb 2025Mmgl East34305115110$71.53$4.19
Jan 2025Mmgl East32315715710$75.74$4.13
Dec 2024Mmgl East21205145140$70.12$3.01
Nov 2024Mmgl East38326706700$69.95$2.12
Oct 2024BPX Operating21215745470$71.99$2.20
Sep 2024BPX Operating34347387050$70.24$2.28
Aug 2024BPX Operating29296696390$76.68$1.99
Jul 2024BPX Operating20207377000$81.80$2.07
Jun 2024BPX Operating18187026700$79.77$2.54
May 2024BPX Operating55557186860$80.02$2.12
Apr 2024BPX Operating23417026710$85.35$1.60
Mar 2024BPX Operating42467737400$81.28$1.49
Feb 2024BPX Operating63559058650$77.25$1.72
Jan 2024BPX Operating36425345090$74.15$3.18
Dec 2023BPX Operating56488608260$71.90$2.52
Nov 2023BPX Operating25274604410$77.69$2.71
Oct 2023BPX Operating24256356040$85.64$2.98
Sep 2023BPX Operating30316886530$89.43$2.64
Aug 2023BPX Operating25236306030$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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Nearby

This lease belongs to

OperatorMmgl East Texas III, LLCFieldCarthage (Travis Peak)CountyPanola County

Mmgl East Texas III, LLC in Panola County

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