REED GAS UNIT II
REED GAS UNIT II is a Texas gas lease in Limestone County, Railroad Commission district 05, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2007 to August 2026, totalling 2,152,743 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 the whole lease — a 100% undivided interest — at about $570K, with roughly $86K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 3,714 thousand cubic feet a month. Its strongest month on the record we hold was May 2021, at 10,003 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about REED GAS UNIT II
- Who operates REED GAS UNIT II?
- REED GAS UNIT II is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is REED GAS UNIT II?
- REED GAS UNIT II is a Texas gas lease in Limestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 229527.
- Is REED GAS UNIT II still producing?
- REED GAS UNIT II is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REED GAS UNIT II is August 2026.
- How much has REED GAS UNIT II produced?
- REED GAS UNIT II has reported 2,152,743 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2007 and August 2026, from 1 wellbore.
- How much is REED GAS UNIT II worth?
- The remaining production from REED GAS UNIT II is estimated to be worth about $570K in total as of 26 August 2026, within a range of $473K to $667K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REED GAS UNIT II is a fraction of it. The estimate fits an Arps decline curve to the production REED GAS UNIT II has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REED GAS UNIT II is an estimate of value, not an offer and not an appraisal.
- How much income does REED GAS UNIT II generate in a year?
- REED GAS UNIT II is forecast to net about $86K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REED GAS UNIT II receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Farrar (Cotton Valley Lime) |
| County | Limestone County, Texas |
| RRC district | 05 |
| Lease number | 229527 |
| Wellbores | 1 |
| Reported production | 2,152,743 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $570K |
Where REED GAS UNIT II sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.