REED CONSOLIDATED

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 7188District 01Field 79912100Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$138 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
OilDisposition2,237 bbl$131,572
Casinghead gasProduction1,119 Mcf$5,932
Total$137,504

126 Mcf of this lease's gas, across 26 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 (19)

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 29.7022, -97.6611. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

29.70295, -97.66138 · 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
100.0%
19 of 19 wells
With a plug date
100.0%
19 of 19 wells
Median depth
2,590 ft
18 wells filed one
Completion to plug
42.1 years
median over 19 wells

What the state filed about each well

On the RRC proration schedule
19100.0%
A plug date is filed
19100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
19100.0%
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

Total depth in feet, 18 of 19 wells. Median 2,590 ft, with the middle half between 2,559 and 2,645 ft; the shallowest is 2,535 ft and the deepest 2,667 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 19 of 19 wells, Nov 1980 – Jun 1984. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 1980 – Jun 1984
19 of 19 wells
Plug dates filed
Apr 2023 – May 2023
19 of 19 wells

Last completion to plug: a median of 42.1 years across the 19 wells that filed both dates, with the middle half between 41.8 years and 42.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

19 wells

42-05532214R 12,640 ftJun 1984Apr 2023Yes
42-055317102JMay 1982May 2023Yes
42-055316994E2,660 ftFeb 1982Apr 2023Yes
42-0553171312,610 ftJul 1981Apr 2023Yes
42-0553171722,576 ftJul 1981Apr 2023Yes
42-055317023G2,647 ftJul 1981Apr 2023Yes
42-055317123E2,580 ftApr 1981Apr 2023Yes
42-055317031E2,570 ftApr 1981Apr 2023Yes
42-055317042E2,575 ftMar 1981Apr 2023Yes
42-055316461B2,667 ftMar 1981Apr 2023Yes
42-055311711M2,600 ftFeb 1981May 2023Yes
42-055317202L2,535 ftFeb 1981Apr 2023Yes
42-055317221L2,555 ftFeb 1981Apr 2023Yes
42-055317281C2,545 ftFeb 1981Apr 2023Yes
42-055317302C2,555 ftFeb 1981Apr 2023Yes
42-055317293L2,535 ftJan 1981Apr 2023Yes
42-055317211K2,634 ftDec 1980May 2023Yes
42-055315862AB2,665 ftNov 1980May 2023Yes
42-055315851AB2,662 ftNov 1980Apr 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 201856046.594.19$2,609
Nov 201819052.934.24$1,006
Oct 20180061.443.40$0
Sep 201877059.543.11$4,585
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 2016117048.763.72$5,705
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 20169045.352.69$408
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 2015125048.152.95$6,019
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 201594043.433.10$4,082
Dec 20140054.693.59$0
Nov 201488070.464.25$6,200
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 201419089.394.04$1,698
Jul 20140096.564.18$0
Jun 201435098.164.74$3,436
May 201445094.734.73$4,263
Apr 201470095.944.81$6,716
Mar 201473095.895.06$7,000
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 201301388.853.74$49
Oct 20131064797.423.78$10,504
Sep 201314015104.113.72$14,631
Aug 201300104.253.52$0
Jul 20135122102.523.72$5,310
Jun 201303094.403.93$118
May 201355094.834.15$5,216
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201346091.233.42$4,197
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201241089.383.40$3,665
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 2012270105.052.22$2,836
Feb 201200101.102.57$0
Jan 201234098.092.73$3,335
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20116083.623.99$502
Aug 201126083.404.15$2,168
Jul 20116094.144.52$565
Jun 20115092.904.64$465
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 20073059.617.81$179
Mar 20073956.927.30$236
Feb 20070055.108.22$0
Jan 20070950.306.73$61
Dec 200601056.656.92$69
Nov 20064854.207.62$278
Oct 20064854.906.01$268
Sep 200601060.085.04$50
Aug 200681068.717.34$623
Jul 20062869.376.34$189
Jun 20064966.286.38$323
May 20064666.016.42$303
Apr 20064564.397.36$294
Mar 20062556.707.08$149
Feb 20064757.597.75$285
Jan 20064760.598.93$305
Dec 20050854.9413.42$107
Nov 20050754.6910.59$74
Oct 20051458.3413.80$114
Sep 20054061.4512.08$246
Aug 20050261.519.80$20
Jul 20050355.697.84$24
Jun 20052352.337.38$127
May 20050045.226.65$0
Apr 20051049.207.36$49
Mar 20050350.377.15$21
Feb 20050345.226.31$19
Jan 20054243.166.32$185
Dec 20041039.866.75$40
Nov 200406045.286.33$380
Oct 200436049.706.52$540
Sep 200406043.245.28$317
Aug 200426042.375.55$418
Jul 200416038.286.08$403
Jun 200406036.106.43$386
May 200406037.486.49$390
Apr 200406034.475.86$352
Mar 200416034.365.53$366
Feb 200416032.455.51$363
Jan 200416032.036.30$410
Dec 2003136030.266.30$771
Nov 20035028.804.60$144
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 20024026.914.85$108
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 200210023.733.34$237
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 20010023.933.20$0
Jun 20016024.563.82$147
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 20005027.622.73$138
Jan 20000025.272.48$0
Dec 199920024.282.42$486
Nov 19993023.192.43$70
Oct 199911020.982.80$231
Sep 19994021.752.62$87
Aug 19990019.262.88$0
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 19984011.242.24$45
May 19980012.622.21$0
Apr 19988013.042.51$104
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19974016.322.41$65
Nov 19974018.193.09$73
Oct 199710019.253.15$193
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19977017.242.26$121
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19974020.492.21$82
Jan 19977023.483.54$164
Dec 19960023.32$0
Nov 19965021.97$110
Oct 19960023.31$0
Sep 19962022.22$44
Aug 19962020.26$41
Jul 19963019.55$59
Jun 19965018.73$94
May 19960019.43$0
Apr 19966021.51$129
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19956016.18$97
Aug 19950015.92$0
Jul 199512015.24$183
Jun 199516016.41$263
May 19950117.56$0
Apr 199510517.73$177
Mar 19950816.44$0
Feb 19950116.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19943015.90$48
Oct 199410115.58$156
Sep 19940415.29$0
Aug 199410316.13$161
Jul 199418317.56$316
Jun 199414417.09$239
May 199414115.88$222
Apr 199421514.14$297
Mar 199418612.46$224
Feb 199432612.50$400
Jan 199420412.66$253
Dec 199328612.33$345
Nov 199320414.49$290
Oct 199326115.85$412
Sep 199332115.03$481
Aug 199320215.66$313
Jul 199328815.46$433
Jun 199326616.79$437
May 199340917.68$707
Apr 1993201018.05$361
Mar 1993321318.14$580
Feb 199318817.90$322
Jan 199345616.93$762

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                   56 bbl  × $ 46.59 =     $2,609
Casinghead gas         0 Mcf  × $  4.19 =         $0

────────────────────────────────────────────────────
Month total                                   $2,609

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/7188 is the state's own key, not one this site invented.