REED -C-

Operated by PETROSAURUS, INC. (P-5 660025) in the SALT FLAT, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10259District 01Field 79912100Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$85 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 141 leases and 399 wells, and the rule below applies to all of them.

Discovered
1981-03-01
as the register files it
Field class
Oil
the register's own label
Between wells
300 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2.06 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: 2.06 OP ACRES - 500' DIAG

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
OilDisposition1,985 bbl$75,658
Casinghead gasProduction5,342 Mcf$8,969
Total$84,626

3,788 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (6)

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 29.7011, -97.6613. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

29.70085, -97.66122 · 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
83.3%
5 of 6 wells
With a plug date
83.3%
5 of 6 wells
Median depth
2,650 ft
6 wells filed one
Completion to plug
38.0 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
583.3%
A plug date is filed
583.3%
BothOn the schedule and plugged. Neither fact cancels the other.
583.3%
NeitherNo plug date, and not on the schedule.
116.7%

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

Between 2,615 and 2,660 ft, median 2,650 ft, over the 6 wells that filed a depth.

Completions filed
Dec 1984 – Mar 1985
6 of 6 wells
Plug dates filed
Mar 2023
5 of 6 wells; 1 filed none

Last completion to plug: a median of 38.0 years across the 5 wells that filed both dates, with the middle half between 38.0 years and 38.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-055337113DD2,660 ftMar 1985Mar 2023Yes
42-055337102DD2,650 ftMar 1985Mar 2023Yes
42-0553368912,650 ftMar 1985Mar 2023Yes
42-055336091D2,650 ftMar 1985
42-0553360832,615 ftMar 1985Mar 2023Yes
42-0553371222,638 ftDec 1984Mar 2023Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 201892046.594.19$4,286
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201471086.164.05$6,117
Aug 20140089.394.04$0
Jul 201472096.564.18$6,952
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130288.853.74$7
Oct 201319097.423.78$1,851
Sep 2013230104.113.72$2,395
Aug 201300104.253.52$0
Jul 201390102.523.72$923
Jun 20130094.403.93$0
May 201310094.834.15$948
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20138091.233.42$730
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201213089.383.40$1,162
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201213085.133.02$1,107
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 2012180105.052.22$1,891
Feb 201200101.102.57$0
Jan 201211098.092.73$1,079
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20118083.623.99$669
Aug 20118083.404.15$667
Jul 201118094.144.52$1,695
Jun 201159092.904.64$5,481
May 20110098.134.40$0
Apr 201130105.964.33$318
Mar 20117096.364.06$675
Feb 20113085.644.18$257
Jan 20112086.504.59$173
Dec 20103085.734.35$257
Nov 20103080.843.80$243
Oct 20103078.103.51$234
Sep 20103072.633.98$218
Aug 20103073.684.42$221
Jul 20100072.554.74$0
Jun 20107070.364.91$493
May 20100071.124.24$0
Apr 20103081.694.12$245
Mar 20100078.394.39$0
Feb 20103073.585.44$221
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20093072.544.11$218
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20093046.773.59$140
Mar 20090042.144.06$0
Feb 20093032.814.63$98
Jan 20093035.865.37$108
Dec 20080037.105.98$0
Nov 20083055.496.86$166
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200830114.228.48$343
Jul 200830131.0811.39$393
Jun 200850131.3313.03$657
May 200830123.1711.57$370
Apr 200800110.3110.45$0
Mar 200830101.909.66$306
Feb 20086092.538.77$555
Jan 20080090.388.21$0
Dec 20073088.337.30$265
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20074075.846.24$303
Aug 20074069.066.39$276
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20073058.747.85$176
Apr 20075059.617.81$298
Mar 200751356.927.30$380
Feb 200702255.108.22$181
Jan 200701450.306.73$94
Dec 200601656.656.92$111
Nov 200661354.207.62$424
Oct 200651254.906.01$347
Sep 200601560.085.04$76
Aug 2006112068.717.34$903
Jul 200631369.376.34$291
Jun 200641366.286.38$348
May 20066966.016.42$454
Apr 20066764.397.36$438
Mar 20063856.707.08$227
Feb 200661057.597.75$423
Jan 200661160.598.93$462
Dec 200501254.9413.42$161
Nov 200501154.6910.59$116
Oct 20050658.3413.80$83
Sep 20056061.4512.08$369
Aug 20050361.519.80$29
Jul 20050455.697.84$31
Jun 20053552.337.38$194
May 20055045.226.65$226
Apr 20056049.207.36$295
Mar 20050550.377.15$36
Feb 20051545.226.31$77
Jan 20056443.166.32$284
Dec 20041039.866.75$40
Nov 200409045.286.33$570
Oct 200459049.706.52$835
Sep 200409043.245.28$476
Aug 200449042.375.55$669
Jul 200419038.286.08$586
Jun 200409036.106.43$579
May 200429037.486.49$659
Apr 200409034.475.86$527
Mar 200459034.365.53$670
Feb 200449032.455.51$626
Jan 200419032.036.30$599
Dec 200309030.266.30$567
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 200235023.733.34$831
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 200136023.933.20$861
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 200040027.622.73$1,105
Jan 200041025.272.48$1,036
Dec 199914024.282.42$340
Nov 19990023.192.43$0
Oct 199912020.982.80$252
Sep 19990021.752.62$0
Aug 1999124019.262.88$2,388
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970116.322.41$2
Nov 19970218.193.09$6
Oct 19970719.253.15$22
Sep 19970117.742.95$3
Aug 19970117.862.55$3
Jul 19970917.582.25$20
Jun 19970917.242.26$20
May 19970518.972.31$12
Apr 199703817.882.08$79
Mar 199703218.951.94$62
Feb 199708120.492.21$179
Jan 199703523.483.54$124
Dec 199603923.32$0
Nov 199604521.97$0
Oct 1996185523.31$420
Sep 199605122.22$0
Aug 199602220.26$0
Jul 199603519.55$0
Jun 199607718.73$0
May 199604319.43$0
Apr 199613821.51$280
Mar 199602719.38$0
Feb 199603216.98$0
Jan 199605017.07$0
Dec 199504017.19$0
Nov 199504016.00$0
Oct 199503215.43$0
Sep 199502416.18$0
Aug 1995244515.92$382
Jul 199502115.24$0
Jun 199503916.41$0
May 1995187217.56$316
Apr 199507817.73$0
Mar 199507816.44$0
Feb 199506916.58$0
Jan 1995278715.92$430
Dec 199404815.03$0
Nov 19940315.90$0
Oct 199401815.58$0
Sep 1994011715.29$0
Aug 19944712316.13$758
Jul 199408917.56$0
Jun 1994406917.09$684
May 19943411615.88$540
Apr 199407714.14$0
Mar 1994107812.46$125
Feb 1994508712.50$625
Jan 1994010412.66$0
Dec 19935511312.33$678
Nov 1993564214.49$811
Oct 19935411615.85$856
Sep 19935615615.03$842
Aug 19935515615.66$861
Jul 19935617615.46$866
Jun 19935831716.79$974
May 199311816717.68$2,086
Apr 19935911518.05$1,065
Mar 19935710418.14$1,034
Feb 19935912517.90$1,056
Jan 19935616316.93$948

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.

Dec 2018 — as filed, then multipliedworked
Oil                   92 bbl  × $ 46.59 =     $4,286
Casinghead gas         0 Mcf  × $  4.19 =         $0

────────────────────────────────────────────────────
Month total                                   $4,286

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/O/10259 is the state's own key, not one this site invented.