REED "E" GAS UNIT
REED "E" GAS UNIT is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2010 to August 2026, totalling 1,798,428 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 $492K, with roughly $84K 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 3,846 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 8,930 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 "E" GAS UNIT
- Who operates REED "E" GAS UNIT?
- REED "E" GAS UNIT is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is REED "E" GAS UNIT?
- REED "E" GAS UNIT is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 256623.
- Is REED "E" GAS UNIT still producing?
- REED "E" GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REED "E" GAS UNIT is August 2026.
- How much has REED "E" GAS UNIT produced?
- REED "E" GAS UNIT has reported 1,798,428 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2010 and August 2026, from 1 wellbore.
- How much is REED "E" GAS UNIT worth?
- The remaining production from REED "E" GAS UNIT is estimated to be worth about $492K in total as of 26 August 2026, within a range of $408K to $575K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REED "E" GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production REED "E" GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REED "E" GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does REED "E" GAS UNIT generate in a year?
- REED "E" GAS UNIT is forecast to net about $84K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REED "E" GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Bear Grass (Cotton Valley Cons) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 256623 |
| Wellbores | 1 |
| Reported production | 1,798,428 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $492K |
Where REED "E" GAS UNIT 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.