REED, D. M.

Operated by AURORA RESOURCES CORPORATION (P-5 36931) in the CABEZA CREEK, S. (RECKLAW 7700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 116371District 02Field 14438605CondensateGasSaveExport
Value, all time
$436 k
Jan 1993 – Mar 2006
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
159
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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
1951-09-29
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: FIELD RETURNED TO A.O.F. AS OF 4/1/95 PER COMPLETED SURVEY

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
CondensateDisposition36 bbl$1,969
GasProduction111,990 Mcf$433,638
Total$435,607

24,640 Mcf of this lease's gas, across 38 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 28.7470, -97.5296. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.74697, -97.52962 · 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%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,325 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 8,325 ft.

Completions filed
Nov 2005
1 of 1 wells

1 well

42-1750137018,325 ftNov 2005Yes

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 (159)

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

159 months

Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 200536054.6910.59$1,969
Oct 20050058.3413.80$0
Sep 2005053461.4512.08$6,450
Aug 2005093461.519.80$9,150
Jul 200501,01055.697.84$7,922
Jun 2005068752.337.38$5,071
May 2005061245.226.65$4,071
Apr 200501,03649.207.36$7,625
Mar 200501,35150.377.15$9,666
Feb 200501,21745.226.31$7,682
Jan 200501,03743.166.32$6,556
Dec 200401,33539.866.75$9,013
Nov 200401,42745.286.33$9,034
Oct 200401,58649.706.52$10,333
Sep 200401,56143.245.28$8,248
Aug 2004086542.375.55$4,801
Jul 200401,37138.286.08$8,341
Jun 200401,61336.106.43$10,376
May 200402,81337.486.49$18,269
Apr 200401,11534.475.86$6,532
Mar 200401,22334.365.53$6,763
Feb 2004096732.455.51$5,328
Jan 200401,01732.036.30$6,407
Dec 2003097330.266.30$6,132
Nov 200301,25828.804.60$5,781
Oct 200301,40228.174.76$6,673
Sep 200301,32426.314.75$6,288
Aug 200301,30729.765.13$6,705
Jul 200301,22029.415.17$6,308
Jun 200301,50928.565.98$9,028
May 200301,39426.595.97$8,326
Apr 200301,40326.675.41$7,586
Mar 200301,44231.146.10$8,790
Feb 2003098933.487.93$7,839
Jan 200301,14030.315.58$6,364
Dec 200201,24226.914.85$6,028
Nov 200201,08024.664.14$4,468
Oct 200201,17226.464.23$4,957
Sep 200201,30627.443.64$4,748
Aug 2002073725.963.16$2,332
Jul 2002081924.583.06$2,508
Jun 200203,29223.733.34$10,989
May 200203,99824.663.58$14,329
Apr 200201,62823.653.51$5,718
Mar 200201,16222.003.10$3,605
Feb 2002079018.222.38$1,877
Jan 2002060717.172.38$1,442
Dec 200101,16916.932.36$2,764
Nov 20010018.072.41$0
Oct 2001093119.782.53$2,354
Sep 2001052224.262.25$1,175
Aug 2001027324.873.05$834
Jul 200101,30523.933.20$4,172
Jun 2001088224.563.82$3,373
May 200101,01625.524.31$4,376
Apr 200101,30024.685.34$6,936
Mar 2001077124.545.38$4,145
Feb 200101,00027.755.77$5,767
Jan 200101,51427.478.40$12,716
Dec 200002,14826.889.12$19,595
Nov 2000070232.215.66$3,972
Oct 200002,29531.235.15$11,809
Sep 2000010031.875.19$519
Aug 2000025529.644.54$1,158
Jul 2000026328.534.09$1,076
Jun 2000024229.304.40$1,064
May 2000026827.263.68$986
Apr 2000024524.513.12$763
Mar 2000025328.422.86$724
Feb 2000023027.622.73$627
Jan 2000026325.272.48$652
Dec 1999026124.282.42$633
Nov 1999025523.192.43$621
Oct 1999026120.982.80$732
Sep 1999026121.752.62$684
Aug 1999026419.262.88$759
Jul 1999027317.892.37$648
Jun 1999025815.942.36$609
May 1999026715.792.32$620
Apr 1999026515.102.21$585
Mar 1999027412.471.84$504
Feb 199902479.981.82$449
Jan 1999027910.381.90$530
Dec 199802869.201.77$507
Nov 1998028110.892.19$614
Oct 1998027112.421.97$534
Sep 1998026012.592.08$541
Aug 1998026011.301.91$496
Jul 1998029511.742.24$660
Jun 1998027111.242.24$606
May 1998029112.622.21$642
Apr 1998027113.042.51$679
Mar 1998030012.802.31$693
Feb 1998024413.952.30$561
Jan 1998023214.702.15$500
Dec 1997022816.322.41$550
Nov 1997023118.193.09$713
Oct 1997019419.253.15$611
Sep 1997023917.742.95$706
Aug 1997024317.862.55$621
Jul 1997025217.582.25$566
Jun 1997025117.242.26$567
May 1997057818.972.31$1,334
Apr 1997057017.882.08$1,187
Mar 1997057818.951.94$1,121
Feb 1997050920.492.21$1,123
Jan 1997059823.483.54$2,117
Dec 1996062523.32$0
Nov 1996058721.97$0
Oct 1996064723.31$0
Sep 1996063522.22$0
Aug 1996064020.26$0
Jul 1996064919.55$0
Jun 1996071218.73$0
May 1996066219.43$0
Apr 1996062821.51$0
Mar 1996069219.38$0
Feb 1996075116.98$0
Jan 1996064517.07$0
Dec 1995058417.19$0
Nov 1995070616.00$0
Oct 1995060515.43$0
Sep 1995061916.18$0
Aug 1995069815.92$0
Jul 1995071115.24$0
Jun 1995065716.41$0
May 1995072617.56$0
Apr 1995067217.73$0
Mar 1995064416.44$0
Feb 1995059916.58$0
Jan 1995064415.92$0
Dec 1994064115.03$0
Nov 1994063415.90$0
Oct 1994065715.58$0
Sep 1994067415.29$0
Aug 1994063516.13$0
Jul 1994050317.56$0
Jun 1994079117.09$0
May 1994076515.88$0
Apr 1994071014.14$0
Mar 1994072712.46$0
Feb 1994049812.50$0
Jan 1994053812.66$0
Dec 1993060412.33$0
Nov 1993052514.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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 2005 — as filed, then multipliedworked
Condensate            36 bbl  × $ 54.69 =     $1,969
Gas                    0 Mcf  × $ 10.59 =         $0

────────────────────────────────────────────────────
Month total                                   $1,969

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. 02/G/116371 is the state's own key, not one this site invented.