SAVELL

Operated by REED EXPLORATION LLC (P-5 102257) in the FORT TRINIDAD (GLEN ROSE, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 280182District 03Field 32156852CondensateGasSaveExport
Value, all time
$4.5 M
Mar 2014 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
147
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 145 leases and 145 wells, and the rule below applies to all of them.

Discovered
1961-01-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: NO GREATER THAN THE YARDSTICK OF 845 BBLS/DAY FOR 640 AC WELL.

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
CondensateDisposition34,125 bbl$2,370,949
GasProduction493,370 Mcf$2,102,331
Total$4,473,280

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 30.9133, -95.8332. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.91329, -95.83319 · 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
11,748 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 11,748 ft.

Completions filed
Mar 2014
1 of 1 wells

1 well

42-31331077111,748 ftMar 2014

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 (147)

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

147 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 2024187078.082.63$14,601
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 2023033275.112.47$819
Jan 2023019976.533.39$674
Dec 202216011,78576.415.73$79,743
Nov 202219517,26185.005.65$114,034
Oct 202239314,20387.185.86$117,545
Sep 2022018,61884.888.16$151,991
Aug 20221871,90794.529.13$35,081
Jul 202201,987101.587.54$14,986
Jun 2022176608115.097.98$25,106
May 20220886109.378.43$7,472
Apr 20220684104.226.84$4,677
Mar 20220561108.885.08$2,848
Feb 2022045291.054.86$2,196
Jan 2022032281.844.54$1,461
Dec 2021076471.323.90$2,979
Nov 202103477.435.24$178
Oct 2021060179.795.71$3,434
Sep 202117885569.865.35$17,010
Aug 20211902,08466.024.22$21,340
Jul 20211912,10470.783.98$21,897
Jun 20213682,01369.493.38$32,378
May 20211881,59263.483.02$16,738
Apr 202117723160.362.76$11,321
Mar 2021048861.302.72$1,326
Feb 2021020957.805.55$1,160
Jan 2021055550.412.81$1,560
Dec 202001,30544.642.68$3,491
Nov 20201852,07138.772.71$12,778
Oct 20201732,22136.972.48$11,900
Sep 202001237.091.99$24
Aug 20200039.982.39$0
Jul 202067038.371.83$2,571
Jun 202009734.901.69$164
May 2020020016.921.81$363
Apr 2020040414.751.80$729
Mar 202035020030.341.86$10,990
Feb 2020030449.881.98$602
Jan 20201824257.252.09$10,507
Dec 201905759.012.30$131
Nov 201917363655.302.75$11,316
Oct 201916725353.472.42$9,541
Sep 201917613755.052.66$10,053
Aug 201918529653.112.30$10,507
Jul 201917027556.272.46$10,242
Jun 201917667852.782.49$10,978
May 201917675658.482.74$12,364
Apr 201917239262.632.75$11,851
Mar 20191921,04956.803.06$14,118
Feb 20193651,29150.852.79$22,165
Jan 201917527646.033.23$8,946
Dec 20181762,25946.594.19$17,655
Nov 20183553,14552.934.24$32,116
Oct 20181841,66661.443.40$16,966
Sep 20181891,65759.543.11$16,403
Aug 201835934359.403.07$22,376
Jul 201801,88665.142.93$5,530
Jun 20181781,58660.183.08$15,592
May 20181831,47865.382.90$16,252
Apr 20183551,66263.842.90$27,484
Mar 20181791,80861.222.79$15,997
Feb 20181881,82861.782.77$16,671
Jan 20183682,75762.874.01$34,190
Dec 20171771,40957.272.92$14,253
Nov 20171901,66855.423.12$15,731
Oct 20171791,79249.292.98$14,170
Sep 20173562,41347.523.09$24,367
Aug 20171761,55445.373.00$12,654
Jul 20173592,22443.873.09$22,615
Jun 20171831,73642.493.09$13,135
May 201701,49945.373.26$4,892
Apr 20171822,35847.933.21$16,296
Mar 20171691,78646.772.98$13,233
Feb 20171862,32750.452.95$16,254
Jan 201702,23849.413.42$7,651
Dec 20161782,49748.763.72$17,975
Nov 20161812,59142.492.64$14,542
Oct 20163562,88846.193.09$25,368
Sep 20161862,38441.553.10$15,120
Aug 20161832,81241.442.92$15,807
Jul 20161862,01641.622.92$13,637
Jun 20161773,03245.352.69$16,170
May 20161882,81342.521.99$13,595
Apr 20161843,03236.561.99$12,764
Mar 20161872,59733.011.79$10,832
Feb 20163762,72826.472.06$15,582
Jan 20161892,89127.352.36$12,005
Dec 20153693,35732.362.00$18,660
Nov 20155393,78038.792.17$29,100
Oct 20151783,48943.552.43$16,218
Sep 20155324,26842.992.76$34,644
Aug 20151814,18340.162.87$19,285
Jul 20155274,57948.152.95$38,861
Jun 20153524,90856.152.88$33,914
May 20155325,64255.212.96$46,046
Apr 20155325,95249.822.71$42,614
Mar 20155397,13942.892.93$44,069
Feb 20155627,53944.662.98$47,536
Jan 20157398,29843.433.10$57,824
Dec 201473711,38354.693.59$81,187
Nov 201472812,63970.464.25$105,034
Oct 201489514,81778.303.90$127,879
Sep 20141,09917,91886.164.05$167,176
Aug 20141,24218,96789.394.04$187,557
Jul 20141,41426,08896.564.18$245,573
Jun 20142,30837,81698.164.74$405,683
May 20143,49963,02494.734.73$629,347
Apr 20143,50543,70895.944.81$546,467
Mar 2014012,22995.895.06$61,840

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.

Jun 2024 — as filed, then multipliedworked
Condensate           187 bbl  × $ 78.08 =    $14,601
Gas                    0 Mcf  × $  2.63 =         $0

────────────────────────────────────────────────────
Month total                                  $14,601

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. 03/G/280182 is the state's own key, not one this site invented.