REED, N.W.

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 7501District 01Field 79912100Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$271 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
OilDisposition8,433 bbl$251,932
Casinghead gasProduction3,255 Mcf$18,956
Total$270,888

236 Mcf of this lease's gas, across 21 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 (18)

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 29.7016, -97.6628. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles. 1 well has no surveyed location and is left out of it.

29.70244, -97.66280 · centre of 17 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%
18 of 18 wells
With a plug date
44.4%
8 of 18 wells
Median depth
2,660 ft
17 wells filed one
Completion to plug
41.2 years
median over 8 wells

What the state filed about each well

On the RRC proration schedule
18100.0%
A plug date is filed
844.4%
BothOn the schedule and plugged. Neither fact cancels the other.
844.4%
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, 17 of 18 wells. Median 2,660 ft, with the middle half between 2,650 and 2,665 ft; the shallowest is 2,570 ft and the deepest 2,675 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, 18 of 18 wells, Oct 1981 – 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
Oct 1981 – Jun 1984
18 of 18 wells
Plug dates filed
Mar 2023 – Apr 2023
8 of 18 wells; 10 filed none

Last completion to plug: a median of 41.2 years across the 8 wells that filed both dates, with the middle half between 40.8 years and 41.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

18 wells

42-05532214R 12,640 ftJun 1984Apr 2023Yes
42-055322274EE2,570 ftMay 1982Mar 2023Yes
42-055322214BB2,615 ftMay 1982Mar 2023Yes
42-055322221CC2,640 ftFeb 1982Mar 2023Yes
42-055322243CC2,651 ftJan 1982Mar 2023Yes
42-05532187T 42,650 ftJan 1982Mar 2023Yes
42-055322254CC2,650 ftJan 1982Mar 2023Yes
42-05532195S 12,675 ftOct 1981Yes
42-055322171BB2,665 ftOct 1981Yes
42-055322182BB2,665 ftOct 1981Yes
42-05532190T 2Oct 1981Mar 2023Yes
42-05532196S 22,660 ftOct 1981Yes
42-05532197S 32,668 ftOct 1981Yes
42-05532198S 42,660 ftOct 1981Yes
42-05532192U 22,670 ftOct 1981Yes
42-05532194U 12,660 ftOct 1981Yes
42-05532189T 52,660 ftOct 1981Yes
42-05532193U 32,670 ftOct 1981Yes

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 2022460108.885.08$5,008
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 20180046.594.19$0
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 2017156055.423.12$8,646
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 201718042.493.09$765
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 201638045.352.69$1,723
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 2015115042.992.76$4,944
Aug 20150040.162.87$0
Jul 201561048.152.95$2,937
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 201563043.433.10$2,736
Dec 20140054.693.59$0
Nov 201429070.464.25$2,043
Oct 201434078.303.90$2,662
Sep 201464086.164.05$5,514
Aug 201435089.394.04$3,129
Jul 20140096.564.18$0
Jun 201430098.164.74$2,945
May 201446094.734.73$4,358
Apr 201467095.944.81$6,428
Mar 2014159095.895.06$15,247
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201344097.423.78$4,286
Sep 2013550104.113.72$5,726
Aug 201300104.253.52$0
Jul 2013220102.523.72$2,255
Jun 20130094.403.93$0
May 201323094.834.15$2,181
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201318091.233.42$1,642
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201215089.383.40$1,341
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 2012200105.052.22$2,101
Feb 201200101.102.57$0
Jan 201213098.092.73$1,275
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 201190083.623.99$7,526
Aug 201110083.404.15$834
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 20070075.846.24$0
Aug 200722069.066.39$1,519
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20073058.747.85$176
Apr 20076059.617.81$358
Mar 2007103156.927.30$796
Feb 20070055.108.22$0
Jan 200703350.306.73$222
Dec 200603656.656.92$249
Nov 200613354.207.62$727
Oct 200693054.906.01$675
Sep 200603560.085.04$176
Aug 2006253968.717.34$2,004
Jul 200673069.376.34$676
Jun 2006153166.286.38$1,192
May 2006132166.016.42$993
Apr 2006131664.397.36$955
Mar 200672056.707.08$539
Feb 2006142457.597.75$992
Jan 2006102660.598.93$838
Dec 200502654.9413.42$349
Nov 200502554.6910.59$265
Oct 200551358.3413.80$471
Sep 200511161.4512.08$688
Aug 20050661.519.80$59
Jul 20050955.697.84$71
Jun 200551252.337.38$350
May 20051045.226.65$45
Apr 200516049.207.36$787
Mar 20050850.377.15$57
Feb 200561345.226.31$353
Jan 2005141143.166.32$674
Dec 20041039.866.75$40
Nov 2004021045.286.33$1,329
Oct 20041021049.706.52$1,865
Sep 2004021043.245.28$1,110
Aug 20041721042.375.55$1,886
Jul 20041021038.286.08$1,660
Jun 2004021036.106.43$1,351
May 2004521037.486.49$1,551
Apr 20044021034.475.86$2,609
Mar 2004021034.365.53$1,161
Feb 200410621032.455.51$4,597
Jan 2004121032.036.30$1,355
Dec 2003021030.266.30$1,323
Nov 20030028.804.60$0
Oct 200335028.174.76$986
Sep 200376026.314.75$2,000
Aug 200399029.765.13$2,946
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 200383026.595.97$2,207
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 200361033.487.93$2,042
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 200245027.443.64$1,235
Aug 2002123025.963.16$3,193
Jul 200267024.583.06$1,647
Jun 200236023.733.34$854
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 2001120024.262.25$2,911
Aug 20010024.873.05$0
Jul 200135023.933.20$838
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 200186024.685.34$2,122
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 200146027.478.40$1,264
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000157031.235.15$4,903
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 200033024.513.12$809
Mar 20000028.422.86$0
Feb 200087027.622.73$2,403
Jan 200095025.272.48$2,401
Dec 199944024.282.42$1,068
Nov 199970023.192.43$1,623
Oct 1999227020.982.80$4,762
Sep 19990021.752.62$0
Aug 199950019.262.88$963
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 199896012.592.08$1,209
Aug 19980011.301.91$0
Jul 1998114011.742.24$1,338
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 199889013.042.51$1,161
Mar 19980012.802.31$0
Feb 199870013.952.30$977
Jan 19980014.702.15$0
Dec 199759016.322.41$963
Nov 199744018.193.09$800
Oct 199745019.253.15$866
Sep 1997117017.742.95$2,076
Aug 19970017.862.55$0
Jul 199757017.582.25$1,002
Jun 1997145017.242.26$2,500
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 199740020.492.21$820
Jan 199739023.483.54$916
Dec 199655023.32$1,283
Nov 199643021.97$945
Oct 19960023.31$0
Sep 199627022.22$600
Aug 199633020.26$669
Jul 199628019.55$547
Jun 199636018.73$674
May 199635019.43$680
Apr 199648021.51$1,032
Mar 199662019.38$1,202
Feb 19960016.98$0
Jan 199654017.07$922
Dec 199552017.19$894
Nov 19950016.00$0
Oct 19950015.43$0
Sep 199573016.18$1,181
Aug 19950015.92$0
Jul 199593015.24$1,417
Jun 19950016.41$0
May 199576017.56$1,335
Apr 1995169017.73$2,996
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 199456015.58$872
Sep 199444115.29$673
Aug 199456116.13$903
Jul 1994118117.56$2,072
Jun 199462117.09$1,060
May 1994381315.88$603
Apr 1994173914.14$2,446
Mar 1994851212.46$1,059
Feb 19941631012.50$2,038
Jan 1994193412.66$2,443
Dec 199386812.33$1,060
Nov 1993173814.49$2,507
Oct 1993186615.85$2,948
Sep 19931801315.03$2,705
Aug 19932391215.66$3,743
Jul 19931232415.46$1,902
Jun 19931702416.79$2,854
May 19932731217.68$4,827
Apr 19931681918.05$3,032
Mar 19932282818.14$4,136
Feb 19932341717.90$4,189
Jan 19931171316.93$1,981

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.

Mar 2022 — as filed, then multipliedworked
Oil                   46 bbl  × $108.88 =     $5,008
Casinghead gas         0 Mcf  × $  5.08 =         $0

────────────────────────────────────────────────────
Month total                                   $5,008

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/7501 is the state's own key, not one this site invented.