REED, D.P.

Name: REED, D.P. lease production and value, Dec 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NORDSTRAND ENGINEERING, INC. (P-5 612858) in the CINDY ANN (AUSTIN CHALK, OIL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13926District 01Field 18224510Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$365 k

Dec 1994 – Mar 2009

Value, last 12 filed months

at the published price for each month

Months reported

172

no gaps in the span

Streams

oil, casinghead gas

The CINDY ANN (AUSTIN CHALK, OIL) field

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 26 leases and 29 wells, and the rule below applies to all of them.

Discovered

1981-12-16

as the register files it

Field class

Oil

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1982-04-19.

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: “OP 40 ACRES, DIAG 2100”

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.

Stream	Basis	Volume	Value
Oil	Disposition	1,804 bbl	$46,722
Casinghead gas	Production	101,777 Mcf	$318,723
Total			$365,446

21,708 Mcf of this lease's gas, across 24 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 (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 29.1331, -98.0572. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.13312, -98.05725 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

6,000 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

1100.0%

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.

00.0%

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 6,000 ft.

Completions filed

Jul 1982

1 of 1 wells

1 well


42-49331125	1	6,000 ft	Jul 1982	—	Yes

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 (172)

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

172 months


Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	33	0	91.67	7.29	$3,025
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	470	69.06	6.39	$3,002
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	1,069	68.71	7.34	$7,846
Jul 2006	0	972	69.37	6.34	$6,165
Jun 2006	0	682	66.28	6.38	$4,354
May 2006	0	1,467	66.01	6.42	$9,425
Apr 2006	67	732	64.39	7.36	$9,702
Mar 2006	0	750	56.70	7.08	$5,312
Feb 2006	0	1,057	57.59	7.75	$8,193
Jan 2006	0	808	60.59	8.93	$7,218
Dec 2005	0	379	54.94	13.42	$5,084
Nov 2005	0	563	54.69	10.59	$5,961
Oct 2005	0	244	58.34	13.80	$3,366
Sep 2005	0	422	61.45	12.08	$5,097
Aug 2005	0	532	61.51	9.80	$5,212
Jul 2005	86	506	55.69	7.84	$8,758
Jun 2005	0	410	52.33	7.38	$3,026
May 2005	0	418	45.22	6.65	$2,780
Apr 2005	0	442	49.20	7.36	$3,253
Mar 2005	0	636	50.37	7.15	$4,551
Feb 2005	0	651	45.22	6.31	$4,109
Jan 2005	0	587	43.16	6.32	$3,711
Dec 2004	0	107	39.86	6.75	$722
Nov 2004	0	334	45.28	6.33	$2,114
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	28	0	42.37	5.55	$1,186
Jul 2004	0	85	38.28	6.08	$517
Jun 2004	0	101	36.10	6.43	$650
May 2004	0	118	37.48	6.49	$766
Apr 2004	40	86	34.47	5.86	$1,883
Mar 2004	0	108	34.36	5.53	$597
Feb 2004	0	47	32.45	5.51	$259
Jan 2004	16	85	32.03	6.30	$1,048
Dec 2003	0	71	30.26	6.30	$447
Nov 2003	42	121	28.80	4.60	$1,766
Oct 2003	0	22	28.17	4.76	$105
Sep 2003	0	278	26.31	4.75	$1,320
Aug 2003	0	268	29.76	5.13	$1,375
Jul 2003	0	333	29.41	5.17	$1,722
Jun 2003	0	142	28.56	5.98	$850
May 2003	70	127	26.59	5.97	$2,620
Apr 2003	0	642	26.67	5.41	$3,471
Mar 2003	0	599	31.14	6.10	$3,652
Feb 2003	0	444	33.48	7.93	$3,519
Jan 2003	0	333	30.31	5.58	$1,859
Dec 2002	66	377	26.91	4.85	$3,606
Nov 2002	0	625	24.66	4.14	$2,586
Oct 2002	0	490	26.46	4.23	$2,072
Sep 2002	55	623	27.44	3.64	$3,774
Aug 2002	22	307	25.96	3.16	$1,543
Jul 2002	0	1,119	24.58	3.06	$3,426
Jun 2002	0	757	23.73	3.34	$2,527
May 2002	0	737	24.66	3.58	$2,641
Apr 2002	0	610	23.65	3.51	$2,143
Mar 2002	0	1,069	22.00	3.10	$3,317
Feb 2002	0	1,021	18.22	2.38	$2,426
Jan 2002	0	1,007	17.17	2.38	$2,392
Dec 2001	0	1,169	16.93	2.36	$2,764
Nov 2001	22	1,306	18.07	2.41	$3,539
Oct 2001	0	1,235	19.78	2.53	$3,123
Sep 2001	50	1,567	24.26	2.25	$4,741
Aug 2001	0	805	24.87	3.05	$2,458
Jul 2001	0	609	23.93	3.20	$1,947
Jun 2001	0	995	24.56	3.82	$3,805
May 2001	0	1,461	25.52	4.31	$6,293
Apr 2001	89	1,680	24.68	5.34	$11,160
Mar 2001	0	1,482	24.54	5.38	$7,968
Feb 2001	0	1,025	27.75	5.77	$5,911
Jan 2001	0	735	27.47	8.40	$6,173
Dec 2000	0	956	26.88	9.12	$8,721
Nov 2000	0	943	32.21	5.66	$5,335
Oct 2000	0	104	31.23	5.15	$535
Sep 2000	0	98	31.87	5.19	$508
Aug 2000	99	105	29.64	4.54	$3,411
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	598	17.89	2.37	$1,419
Jun 1999	0	567	15.94	2.36	$1,339
May 1999	0	860	15.79	2.32	$1,996
Apr 1999	0	1,122	15.10	2.21	$2,477
Mar 1999	0	2,043	12.47	1.84	$3,756
Feb 1999	0	1,566	9.98	1.82	$2,847
Jan 1999	0	1,485	10.38	1.90	$2,821
Dec 1998	0	1,485	9.20	1.77	$2,633
Nov 1998	0	1,208	10.89	2.19	$2,640
Oct 1998	0	1,241	12.42	1.97	$2,444
Sep 1998	0	1,159	12.59	2.08	$2,414
Aug 1998	0	1,593	11.30	1.91	$3,038
Jul 1998	0	2,250	11.74	2.24	$5,034
Jun 1998	0	650	11.24	2.24	$1,454
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	97	12.80	2.31	$224
Feb 1998	0	593	13.95	2.30	$1,363
Jan 1998	0	581	14.70	2.15	$1,252
Dec 1997	0	686	16.32	2.41	$1,654
Nov 1997	0	1,596	18.19	3.09	$4,929
Oct 1997	0	2,000	19.25	3.15	$6,300
Sep 1997	76	1,815	17.74	2.95	$6,711
Aug 1997	0	2,485	17.86	2.55	$6,349
Jul 1997	0	1,528	17.58	2.25	$3,433
Jun 1997	0	1,360	17.24	2.26	$3,070
May 1997	50	1,688	18.97	2.31	$4,845
Apr 1997	0	1,878	17.88	2.08	$3,911
Mar 1997	0	1,042	18.95	1.94	$2,021
Feb 1997	0	517	20.49	2.21	$1,140
Jan 1997	15	1,111	23.48	3.54	$4,285
Dec 1996	0	1,283	23.32	—	$0
Nov 1996	0	566	21.97	—	$0
Oct 1996	0	752	23.31	—	$0
Sep 1996	0	819	22.22	—	$0
Aug 1996	0	0	20.26	—	$0
Jul 1996	0	988	19.55	—	$0
Jun 1996	0	1,632	18.73	—	$0
May 1996	17	1,469	19.43	—	$330
Apr 1996	130	1,020	21.51	—	$2,796
Mar 1996	1	703	19.38	—	$19
Feb 1996	0	627	16.98	—	$0
Jan 1996	73	475	17.07	—	$1,246
Dec 1995	132	1,785	17.19	—	$2,269
Nov 1995	0	1,178	16.00	—	$0
Oct 1995	139	510	15.43	—	$2,145
Sep 1995	0	1,292	16.18	—	$0
Aug 1995	0	665	15.92	—	$0
Jul 1995	88	513	15.24	—	$1,341
Jun 1995	0	1,083	16.41	—	$0
May 1995	136	1,105	17.56	—	$2,388
Apr 1995	0	702	17.73	—	$0
Mar 1995	162	1,716	16.44	—	$2,663
Feb 1995	0	676	16.58	—	$0
Jan 1995	0	75	15.92	—	$0
Dec 1994	0	74	15.03	—	$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.

Nov 2007 — as filed, then multipliedworked

Oil                   33 bbl  × $ 91.67 =     $3,025
Casinghead gas         0 Mcf  × $  7.29 =         $0

────────────────────────────────────────────────────
Month total                                   $3,025

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/13926 is the state's own key, not one this site invented.