REAGAN-GRAY UNIT

Operated by TERRAFINA ENERGY, LLC (P-5 843271) in the OAKVILLE field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9116District 02Field 66519001OilSaveExport
Value, all time
$3.5 M
Jan 2007 – May 2026
Value, last 12 filed months
$77 k
at the published price for each month
Months reported
233
no gaps in the span
Streams
1
oil

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 34 wells, and the rule below applies to all of them.

Discovered
1936-09-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 1937-07-09.

The Commission's schedule remark for this field reads: RULES EFF. 7-9-37 PER DKT. 2-21.

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
OilDisposition48,619 bbl$3,512,895
Total$3,512,895

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 28.4559, -98.1102. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.45594, -98.11019 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
2,860 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
00.0%
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.
1100.0%

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 2,860 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-2973466012,860 ftJan 2006

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 (233)

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

233 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 202616589.753.15$14,809
Feb 202616863.503.75$10,668
Jan 202617359.138.00$10,229
Dec 202514356.664.41$8,102
Nov 2025058.593.93$0
Oct 202514859.383.30$8,788
Sep 202521962.743.08$13,740
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 202515866.483.13$10,504
May 202516060.553.23$9,688
Apr 2025062.363.54$0
Mar 202515067.704.27$10,155
Feb 202515870.884.34$11,199
Jan 202514974.324.28$11,074
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 202415475.632.06$11,647
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 202411580.301.55$9,235
Feb 2024076.091.78$0
Jan 202414573.023.30$10,588
Dec 202316071.262.61$11,402
Nov 202316077.892.81$12,462
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 202315880.522.67$12,722
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 202315870.622.23$11,158
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 202315675.112.47$11,717
Jan 2023076.533.39$0
Dec 202215776.415.73$11,996
Nov 202215585.005.65$13,175
Oct 202215787.185.86$13,687
Sep 202230884.888.16$26,143
Aug 202215994.529.13$15,029
Jul 20220101.587.54$0
Jun 2022154115.097.98$17,724
May 2022158109.378.43$17,280
Apr 2022155104.226.84$16,154
Mar 20220108.885.08$0
Feb 202216191.054.86$14,659
Jan 202215181.844.54$12,358
Dec 202115271.323.90$10,841
Nov 202115977.435.24$12,311
Oct 202115979.795.71$12,687
Sep 202115669.865.35$10,898
Aug 202115866.024.22$10,431
Jul 202115370.783.98$10,829
Jun 202115969.493.38$11,049
May 202115263.483.02$9,649
Apr 202114960.362.76$8,994
Mar 202115661.302.72$9,563
Feb 202114957.805.55$8,612
Jan 202115250.412.81$7,662
Dec 202015344.642.68$6,830
Nov 202015938.772.71$6,164
Oct 202015136.972.48$5,582
Sep 202014937.091.99$5,526
Aug 2020039.982.39$0
Jul 202015538.371.83$5,947
Jun 202015334.901.69$5,340
May 202014816.921.81$2,504
Apr 202015214.751.80$2,242
Mar 202016230.341.86$4,915
Feb 202016449.881.98$8,180
Jan 2020057.252.09$0
Dec 201915559.012.30$9,147
Nov 201916155.302.75$8,903
Oct 201915853.472.42$8,448
Sep 201915955.052.66$8,753
Aug 201915953.112.30$8,444
Jul 2019056.272.46$0
Jun 201914852.782.49$7,811
May 201915958.482.74$9,298
Apr 201916262.632.75$10,146
Mar 201916056.803.06$9,088
Feb 201915950.852.79$8,085
Jan 201915346.033.23$7,043
Dec 2018046.594.19$0
Nov 201815952.934.24$8,416
Oct 201816161.443.40$9,892
Sep 2018059.543.11$0
Aug 201830859.403.07$18,295
Jul 201815065.142.93$9,771
Jun 201815860.183.08$9,508
May 201815565.382.90$10,134
Apr 201816563.842.90$10,534
Mar 201815961.222.79$9,734
Feb 201816361.782.77$10,070
Jan 201817262.874.01$10,814
Dec 201717257.272.92$9,850
Nov 201716755.423.12$9,255
Oct 201733949.292.98$16,709
Sep 201715547.523.09$7,366
Aug 201716445.373.00$7,441
Jul 201716443.873.09$7,195
Jun 201716942.493.09$7,181
May 201731145.373.26$14,110
Apr 201716447.933.21$7,861
Mar 201716246.772.98$7,577
Feb 201732450.452.95$16,346
Jan 201716949.413.42$8,350
Dec 201616548.763.72$8,045
Nov 201632242.492.64$13,682
Oct 201616446.193.09$7,575
Sep 2016041.553.10$0
Aug 201632341.442.92$13,385
Jul 201616441.622.92$6,826
Jun 201631345.352.69$14,195
May 201616042.521.99$6,803
Apr 201616536.561.99$6,032
Mar 201632233.011.79$10,629
Feb 201619726.472.06$5,215
Jan 201616127.352.36$4,403
Dec 201516032.362.00$5,178
Nov 201533138.792.17$12,839
Oct 201516443.552.43$7,142
Sep 201516542.992.76$7,093
Aug 201532840.162.87$13,172
Jul 201532348.152.95$15,552
Jun 201517256.152.88$9,658
May 201515955.212.96$8,778
Apr 201538949.822.71$19,380
Mar 201533742.892.93$14,454
Feb 201532944.662.98$14,693
Jan 201516543.433.10$7,166
Dec 201416854.693.59$9,188
Nov 201433270.464.25$23,393
Oct 201434378.303.90$26,857
Sep 201434586.164.05$29,725
Aug 201415089.394.04$13,409
Jul 201417796.564.18$17,091
Jun 201431498.164.74$30,822
May 201432494.734.73$30,693
Apr 201416095.944.81$15,350
Mar 2014095.895.06$0
Feb 201415897.406.19$15,389
Jan 201430990.404.86$27,934
Dec 201348291.824.35$44,257
Nov 2013088.853.74$0
Oct 201333297.423.78$32,343
Sep 2013148104.113.72$15,408
Aug 2013338104.253.52$35,237
Jul 2013169102.523.72$17,326
Jun 201332694.403.93$30,774
May 201315994.834.15$15,078
Apr 2013093.964.28$0
Mar 201332193.623.91$30,052
Feb 201315791.233.42$14,323
Jan 201331891.603.42$29,129
Dec 201231186.773.42$26,985
Nov 201216986.953.62$14,695
Oct 201234589.383.40$30,836
Sep 201217394.672.92$16,378
Aug 201234092.662.91$31,504
Jul 201233785.133.02$28,689
Jun 201217879.822.52$14,208
May 201235491.612.49$32,430
Apr 2012517101.652.00$52,553
Mar 2012157105.052.22$16,493
Feb 2012323101.102.57$32,655
Jan 201235398.092.73$34,626
Dec 201133796.873.24$32,645
Nov 201132295.723.31$30,822
Oct 201137484.983.65$31,783
Sep 201133883.623.99$28,264
Aug 201137083.404.15$30,858
Jul 201152594.144.52$49,424
Jun 201130892.904.64$28,613
May 201150098.134.40$49,065
Apr 2011367105.964.33$38,887
Mar 201133696.364.06$32,377
Feb 201132885.644.18$28,090
Jan 201149986.504.59$43,164
Dec 201051785.734.35$44,322
Nov 201016880.843.80$13,581
Oct 201084078.103.51$65,604
Sep 2010072.633.98$0
Aug 201049573.684.42$36,472
Jul 201048372.554.74$35,042
Jun 201032670.364.91$22,937
May 201049371.124.24$35,062
Apr 201034881.694.12$28,428
Mar 201049578.394.39$38,803
Feb 201015673.585.44$11,478
Jan 2010074.365.96$0
Dec 200915071.445.48$10,716
Nov 200917674.593.75$13,128
Oct 2009072.544.11$0
Sep 200932065.543.06$20,973
Aug 200931367.423.22$21,102
Jul 200914161.133.46$8,619
Jun 200933666.163.90$22,230
May 200945654.743.93$24,961
Apr 200946646.773.59$21,795
Mar 200931942.144.06$13,443
Feb 200935332.814.63$11,582
Jan 200946935.865.37$16,818
Dec 200851537.105.98$19,107
Nov 200834355.496.86$19,033
Oct 200831675.246.92$23,776
Sep 2008501101.767.88$50,982
Aug 2008155114.228.48$17,704
Jul 2008180131.0811.39$23,594
Jun 2008345131.3313.03$45,309
May 2008686123.1711.57$84,495
Apr 2008351110.3110.45$38,719
Mar 2008312101.909.66$31,793
Feb 2008092.538.77$0
Jan 200835590.388.21$32,085
Dec 200752088.337.30$45,932
Nov 200718091.677.29$16,501
Oct 200765082.856.92$53,853
Sep 200733075.846.24$25,027
Aug 200731569.066.39$21,754
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 200733458.747.85$19,619
Apr 200752559.617.81$31,295
Mar 200733156.927.30$18,841
Feb 200733155.108.22$18,238
Jan 2007050.306.73$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.

Mar 2026 — as filed, then multipliedworked
Oil                  165 bbl  × $ 89.75 =    $14,809

────────────────────────────────────────────────────
Month total                                  $14,809

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/O/9116 is the state's own key, not one this site invented.