REEVES

Operated by PETROVYBE OPCO LLC (P-5 101779) in the SUN T S H (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 224979District 01Field 872515002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Sep 2006 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
237
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 326 leases and 350 wells, and the rule below applies to all of them.

Discovered
1983-04-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-01-15.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA OF 5% PER WELL 95% DEL. IF CAPACITY RESCINDED

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112007-05-29173304
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition340 bbl$24,825
GasProduction202,761 Mcf$1,162,686
Total$1,187,511

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.2235, -99.2298. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.22347, -99.22982 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,900 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 7,900 ft.

Completions filed
Sep 2006
1 of 1 wells

1 well

42-2833196457,900 ftSep 2006

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (237)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

237 months

May 2026013106.413.05$40
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202602659.138.00$208
Dec 2025027356.664.41$1,205
Nov 2025029358.593.93$1,150
Oct 2025032359.383.30$1,067
Sep 2025033062.743.08$1,015
Aug 2025034563.933.01$1,040
Jul 2025034666.743.32$1,147
Jun 2025034266.483.13$1,070
May 2025031960.553.23$1,031
Apr 2025029962.363.54$1,059
Mar 2025030867.704.27$1,315
Feb 2025025470.884.34$1,103
Jan 2025026274.324.28$1,121
Dec 2024028368.993.12$883
Nov 2024027769.052.20$609
Oct 2024029571.372.28$673
Sep 2024023469.612.36$553
Aug 2024026375.632.06$543
Jul 2024030179.932.15$646
Jun 2024030978.082.63$814
May 2024032078.812.20$704
Apr 2024027284.451.66$451
Mar 2024027980.301.55$431
Feb 2024023076.091.78$410
Jan 2024027073.023.30$890
Dec 2023027671.262.61$721
Nov 2023023977.892.81$671
Oct 2023026085.443.09$803
Sep 2023025689.042.74$700
Aug 2023027580.522.67$735
Jul 2023024974.852.64$658
Jun 2023028968.962.26$653
May 2023028570.622.23$635
Apr 2023030078.122.24$671
Mar 2023031972.852.39$763
Feb 2023026575.112.47$653
Jan 2023028776.533.39$972
Dec 2022025276.415.73$1,444
Nov 2022025885.005.65$1,457
Oct 2022028887.185.86$1,689
Sep 2022027884.888.16$2,270
Aug 2022026094.529.13$2,373
Jul 20220321101.587.54$2,421
Jun 20220261115.097.98$2,082
May 20220293109.378.43$2,471
Apr 20220263104.226.84$1,798
Mar 20220247108.885.08$1,254
Feb 2022023491.054.86$1,137
Jan 2022020281.844.54$917
Dec 2021020771.323.90$807
Nov 2021016677.435.24$869
Oct 2021017279.795.71$983
Sep 2021024769.865.35$1,322
Aug 2021025266.024.22$1,064
Jul 2021018470.783.98$733
Jun 2021021869.493.38$737
May 2021022663.483.02$682
Apr 2021022660.362.76$623
Mar 2021023461.302.72$636
Feb 2021019757.805.55$1,093
Jan 2021020550.412.81$576
Dec 2020021244.642.68$567
Nov 2020022338.772.71$604
Oct 2020022236.972.48$550
Sep 2020020537.091.99$408
Aug 2020021239.982.39$506
Jul 2020026538.371.83$484
Jun 2020021034.901.69$355
May 2020018716.921.81$339
Apr 2020012914.751.80$233
Mar 2020013330.341.86$247
Feb 2020011549.881.98$228
Jan 2020011457.252.09$239
Dec 2019010459.012.30$240
Nov 2019016955.302.75$465
Oct 2019016153.472.42$389
Sep 2019020855.052.66$553
Aug 2019079053.112.30$1,820
Jul 2019027956.272.46$686
Jun 2019063752.782.49$1,587
May 2019081458.482.74$2,231
Apr 2019085762.632.75$2,357
Mar 2019024656.803.06$753
Feb 2019017950.852.79$500
Jan 2019012446.033.23$400
Dec 2018019646.594.19$820
Nov 2018014952.934.24$631
Oct 2018034661.443.40$1,176
Sep 2018012759.543.11$395
Aug 2018028159.403.07$862
Jul 2018072865.142.93$2,134
Jun 2018075060.183.08$2,308
May 2018054065.382.90$1,566
Apr 2018093063.842.90$2,698
Mar 2018090861.222.79$2,530
Feb 2018030161.782.77$833
Jan 2018071462.874.01$2,863
Dec 2017077757.272.92$2,270
Nov 2017080755.423.12$2,517
Oct 2017087549.292.98$2,611
Sep 2017079247.523.09$2,445
Aug 201701,08345.373.00$3,254
Jul 2017093643.873.09$2,890
Jun 201701,05442.493.09$3,254
May 201701,66045.373.26$5,417
Apr 2017024447.933.21$784
Mar 2017020446.772.98$609
Feb 2017049950.452.95$1,473
Jan 2017059749.413.42$2,041
Dec 201601948.763.72$71
Nov 201609942.492.64$262
Oct 2016011046.193.09$340
Sep 20164241.553.10$172
Aug 20160141.442.92$3
Jul 20160141.622.92$3
Jun 20160145.352.69$3
May 20160142.521.99$2
Apr 20160136.561.99$2
Mar 2016017833.011.79$319
Feb 2016022426.472.06$462
Jan 2016019127.352.36$452
Dec 2015018132.362.00$362
Nov 2015025738.792.17$557
Oct 2015029743.552.43$721
Sep 2015021642.992.76$596
Aug 2015023040.162.87$661
Jul 2015021648.152.95$636
Jun 2015012356.152.88$355
May 2015015355.212.96$452
Apr 2015022649.822.71$612
Mar 2015020442.892.93$599
Feb 2015049144.662.98$1,461
Jan 2015030243.433.10$936
Dec 2014049154.693.59$1,763
Nov 2014070070.464.25$2,976
Oct 2014061078.303.90$2,380
Sep 2014015786.164.05$635
Aug 2014055089.394.04$2,219
Jul 201401,01296.564.18$4,230
Jun 2014074798.164.74$3,538
May 2014071394.734.73$3,370
Apr 201401,04395.944.81$5,016
Mar 201401,06295.895.06$5,370
Feb 2014074197.406.19$4,588
Jan 201401,00090.404.86$4,861
Dec 2013097191.824.35$4,228
Nov 2013052988.853.74$1,978
Oct 201301,31097.423.78$4,951
Sep 201301,464104.113.72$5,443
Aug 201302,075104.253.52$7,309
Jul 20130273102.523.72$1,015
Jun 2013029894.403.93$1,172
May 2013094994.834.15$3,937
Apr 201301,16193.964.28$4,972
Mar 2013021193.623.91$826
Feb 2013027691.233.42$944
Jan 2013028891.603.42$985
Dec 201205286.773.42$178
Nov 201203886.953.62$138
Oct 2012023989.383.40$813
Sep 2012064594.672.92$1,882
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 201105194.144.52$230
Jun 20110092.904.64$0
May 2011056098.134.40$2,467
Apr 20110962105.964.33$4,169
Mar 2011099796.364.06$4,045
Feb 2011078585.644.18$3,281
Jan 2011099886.504.59$4,580
Dec 2010095185.734.35$4,135
Nov 201001,07580.843.80$4,080
Oct 201001,20178.103.51$4,214
Sep 201001,11672.633.98$4,441
Aug 201001,30173.684.42$5,750
Jul 201001,41972.554.74$6,721
Jun 201001,19270.364.91$5,853
May 201001,01171.124.24$4,282
Apr 201001,11881.694.12$4,609
Mar 2010094278.394.39$4,134
Feb 2010064073.585.44$3,483
Jan 201001,05074.365.96$6,262
Dec 2009096171.445.48$5,270
Nov 200901,30674.593.75$4,899
Oct 200901,01872.544.11$4,184
Sep 200901,22965.543.06$3,767
Aug 200901,22367.423.22$3,936
Jul 200901,53861.133.46$5,328
Jun 200901,48066.163.90$5,765
May 200901,38554.743.93$5,437
Apr 200901,31046.773.59$4,700
Mar 200901,37542.144.06$5,581
Feb 200901,20832.814.63$5,597
Jan 200901,32235.865.37$7,100
Dec 200801,49937.105.98$8,960
Nov 200801,40155.496.86$9,611
Oct 200801,43875.246.92$9,954
Sep 2008281,831101.767.88$17,272
Aug 200801,516114.228.48$12,860
Jul 200801,531131.0811.39$17,437
Jun 200801,634131.3313.03$21,295
May 200801,983123.1711.57$22,952
Apr 200801,953110.3110.45$20,418
Mar 200802,126101.909.66$20,546
Feb 200802,18992.538.77$19,199
Jan 200802,10090.388.21$17,232
Dec 200702,17488.337.30$15,874
Nov 200702,42691.677.29$17,690
Oct 20071332,93982.856.92$31,363
Sep 200702,66775.846.24$16,653
Aug 200703,05969.066.39$19,541
Jul 200703,22870.906.39$20,620
Jun 20071652,85962.007.55$31,811
May 200703,45358.747.85$27,093
Apr 200704,13159.617.81$32,243
Mar 200754,53656.927.30$33,406
Feb 200755,75555.108.22$47,559
Jan 200708,84650.306.73$59,506
Dec 2006010,92956.656.92$75,612
Nov 2006014,36154.207.62$109,395
Oct 2006015,79454.906.01$94,982
Sep 20060060.085.04$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                   13 Mcf  × $  3.05 =        $40

────────────────────────────────────────────────────
Month total                                      $40

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 01/G/224979 is the state's own key, not one this site invented.