REED 101
REED 101 is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by American Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from July 1994 to August 2026, totalling 325,113 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 $2K, with roughly $287 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 7 thousand cubic feet a month. Its strongest month on the record we hold was May 2020, at 204 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 101
- Who operates REED 101?
- REED 101 is operated by American Exploration Company, Railroad Commission of Texas operator number 018023.
- Where is REED 101?
- REED 101 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 150808.
- Is REED 101 still producing?
- REED 101 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REED 101 is August 2026.
- How much has REED 101 produced?
- REED 101 has reported 325,113 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 1994 and August 2026, from 1 wellbore.
- How much is REED 101 worth?
- The remaining production from REED 101 is estimated to be worth about $2K in total as of 26 August 2026, within a range of $0 to $5K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REED 101 is a fraction of it. The estimate fits an Arps decline curve to the production REED 101 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REED 101 is an estimate of value, not an offer and not an appraisal.
- How much income does REED 101 generate in a year?
- REED 101 is forecast to net about $287 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REED 101 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | American Exploration Company |
|---|---|
| Field | Sawyer (Canyon) |
| County | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 150808 |
| Wellbores | 1 |
| Reported production | 325,113 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where REED 101 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.