REED "E" GAS UNIT
REED "E" GAS UNIT is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from February 2001 to August 2026, totalling 1,846,432 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $2K, with roughly $592 expected over the next twelve months.
| Operator | Valence Operating Company |
|---|---|
| Field | Bear Grass (Cotton Valley Sd) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 181552 |
| Wellbores | 1 |
| Reported production | 1,846,432 mcf |
| First reported | February 2001 |
| Last reported | August 2026 |
| Estimated royalty value | $2K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.