REED-NEWBERRY

Operated by WILDFIRE ENERGY OPERATING LLC (P-5 923444) in the GIDDINGS (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25018District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$4.8 M
Aug 2007 – May 2026
Value, last 12 filed months
$470 k
at the published price for each month
Months reported
226
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 598 leases and 630 wells, and the rule below applies to all of them.

Discovered
1977-03-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1997-05-16.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858.

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
OilDisposition68,519 bbl$4,623,495
Casinghead gasProduction38,344 Mcf$157,043
Total$4,780,538

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 30.6468, -96.5866. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.64676, -96.58655 · 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
7,502 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 7,502 ft.

Completions filed
Feb 1986
1 of 1 wells

1 well

42-0413137127,502 ftFeb 1986

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 (226)

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

226 months

May 2026714422106.413.05$77,262
Apr 202670032398.932.87$70,178
Mar 2026361489.753.15$32,412
Feb 2026532563.503.75$33,801
Jan 202653624759.138.00$33,669
Dec 202571980256.664.41$44,278
Nov 202544744358.593.93$27,929
Oct 202571742959.383.30$43,993
Sep 202552524562.743.08$33,692
Aug 202535514363.933.01$23,126
Jul 202536620366.743.32$25,100
Jun 202536021966.483.13$24,618
May 202552629360.553.23$32,796
Apr 2025186962.363.54$11,631
Mar 20250067.704.27$0
Feb 202554122270.884.34$39,310
Jan 202518826374.324.28$15,097
Dec 202455826668.993.12$39,327
Nov 202436725469.052.20$25,900
Oct 202435730071.372.28$26,164
Sep 202435036969.612.36$25,236
Aug 202453936375.632.06$41,514
Jul 202451132379.932.15$41,538
Jun 202464037678.082.63$50,962
May 202418320378.812.20$14,869
Apr 202455438584.451.66$47,424
Mar 202454642480.301.55$44,499
Feb 202456237476.091.78$43,430
Jan 202467741073.023.30$50,787
Dec 202356449871.262.61$41,491
Nov 202353542177.892.81$42,853
Oct 202370054185.443.09$61,478
Sep 202354151589.042.74$49,579
Aug 202369353780.522.67$57,236
Jul 202354444274.852.64$41,886
Jun 202370943268.962.26$49,868
May 202390834770.622.23$64,896
Apr 202317724378.122.24$14,371
Mar 202371128272.852.39$52,471
Feb 202352619375.112.47$39,984
Jan 202355611876.533.39$42,950
Dec 202235717576.415.73$28,281
Nov 202236514185.005.65$31,821
Oct 202235314187.185.86$31,601
Sep 202252013884.888.16$45,264
Aug 202253121894.529.13$52,180
Jul 2022357224101.587.54$37,953
Jun 2022522275115.097.98$62,271
May 2022543366109.378.43$62,474
Apr 2022727340104.226.84$78,093
Mar 2022699341108.885.08$77,838
Feb 202254525591.054.86$50,861
Jan 202286547081.844.54$72,924
Dec 202195947571.323.90$70,248
Nov 202172327577.435.24$57,422
Oct 202171028479.795.71$58,274
Sep 202154223669.865.35$39,127
Aug 202154926666.024.22$37,368
Jul 202172920870.783.98$52,427
Jun 202103869.493.38$128
May 202170021863.483.02$45,094
Apr 202152723060.362.76$32,444
Mar 202152721161.302.72$32,878
Feb 20211636057.805.55$9,754
Jan 202133611450.412.81$17,258
Dec 202054113544.642.68$24,511
Nov 202054710838.772.71$21,500
Oct 202053716636.972.48$20,264
Sep 202054015737.091.99$20,341
Aug 20205499839.982.39$22,183
Jul 202088117038.371.83$34,114
Jun 202054713334.901.69$19,315
May 20201813716.921.81$3,130
Apr 20203668014.751.80$5,543
Mar 2020702430.341.86$21,306
Feb 2020554049.881.98$27,634
Jan 20205489357.252.09$31,568
Dec 201970911659.012.30$42,105
Nov 20197164255.302.75$39,710
Oct 20197334653.472.42$39,305
Sep 20195362655.052.66$29,576
Aug 20198997453.112.30$47,916
Jul 201989926156.272.46$51,229
Jun 201935635252.782.49$19,667
May 20191,27311458.482.74$74,757
Apr 201973138162.632.75$46,831
Mar 201969937356.803.06$40,845
Feb 201971720850.852.79$37,040
Jan 201967226946.033.23$31,801
Dec 201884721546.594.19$40,362
Nov 20181,23825452.934.24$66,604
Oct 201887437361.443.40$54,966
Sep 201891132959.543.11$55,263
Aug 201851821759.403.07$31,435
Jul 20183581765.142.93$23,370
Jun 20181360.183.08$69
May 20180265.382.90$6
Apr 2018160463.842.90$10,226
Mar 201811661.222.79$106
Feb 20181964761.782.77$12,239
Jan 20181871262.874.01$11,805
Dec 20173057.272.92$172
Nov 2017180055.423.12$9,976
Oct 2017175049.292.98$8,626
Sep 2017186347.523.09$8,848
Aug 20170245.373.00$6
Jul 20171894143.873.09$8,418
Jun 201711042.493.09$73
May 201716645.373.26$261
Apr 20171798447.933.21$8,849
Mar 2017111846.772.98$399
Feb 20173535750.452.95$17,977
Jan 201716814049.413.42$8,780
Dec 201609348.763.72$346
Nov 20161809342.492.64$7,894
Oct 201617310046.193.09$8,300
Sep 20163109641.553.10$13,178
Aug 20161819241.442.92$7,770
Jul 201618110741.622.92$7,846
Jun 20160045.352.69$0
May 20161835842.521.99$7,897
Apr 20161885636.561.99$6,985
Mar 20161784333.011.79$5,953
Feb 20161954426.472.06$5,252
Jan 20161929227.352.36$5,469
Dec 20151845232.362.00$6,058
Nov 201506838.792.17$147
Oct 20151928143.552.43$8,558
Sep 20157228442.992.76$31,270
Aug 201501040.162.87$29
Jul 20150048.152.95$0
Jun 20151906756.152.88$10,862
May 201537955.212.96$399
Apr 201508249.822.71$222
Mar 201539011342.892.93$17,059
Feb 2015011544.662.98$342
Jan 2015112743.433.10$437
Dec 2014110254.693.59$421
Nov 20141608170.464.25$11,618
Oct 20141949678.303.90$15,565
Sep 2014014886.164.05$599
Aug 201404389.394.04$174
Jul 201409596.564.18$397
Jun 201438113498.164.74$38,034
May 20141918194.734.73$18,476
Apr 2014012695.944.81$606
Mar 201406495.895.06$324
Feb 201404397.406.19$266
Jan 201409090.404.86$437
Dec 20131829591.824.35$17,125
Nov 20131734588.853.74$15,539
Oct 20131954897.423.78$19,178
Sep 2013087104.113.72$323
Aug 2013072104.253.52$254
Jul 201317192102.523.72$17,873
Jun 201319720594.403.93$19,403
May 2013019394.834.15$801
Apr 2013013093.964.28$557
Mar 201318112093.623.91$17,415
Feb 2013013391.233.42$455
Jan 2013012891.603.42$438
Dec 201218510086.773.42$16,394
Nov 2012012386.953.62$446
Oct 201219118189.383.40$17,687
Sep 201217612994.672.92$17,038
Aug 20121919592.662.91$17,974
Jul 201207285.133.02$218
Jun 201209079.822.52$227
May 201218411291.612.49$17,135
Apr 2012367123101.652.00$37,551
Mar 2012178123105.052.22$18,972
Feb 2012192261101.102.57$20,082
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20111866784.983.65$16,051
Sep 201118622083.623.99$16,430
Aug 201118917483.404.15$16,485
Jul 2011026294.144.52$1,184
Jun 201117520392.904.64$17,199
May 2011018298.134.40$802
Apr 20110163105.964.33$706
Mar 201118215096.364.06$18,146
Feb 2011017485.644.18$727
Jan 2011015486.504.59$707
Dec 201018219185.734.35$16,433
Nov 201018224980.843.80$15,658
Oct 2010011078.103.51$386
Sep 20101816572.633.98$13,405
Aug 201018317873.684.42$14,270
Jul 2010018372.554.74$867
Jun 20101719470.364.91$12,493
May 20101728771.124.24$12,601
Apr 20101886781.694.12$15,634
Mar 20101846778.394.39$14,718
Feb 20100073.585.44$0
Jan 201018212974.365.96$14,303
Dec 200918127071.445.48$14,411
Nov 2009017574.593.75$657
Oct 200917924872.544.11$14,004
Sep 2009013865.543.06$423
Aug 200917318467.423.22$12,256
Jul 200918411061.133.46$11,629
Jun 200904166.163.90$160
May 20090154.743.93$4
Apr 20091902446.773.59$8,972
Mar 200901042.144.06$41
Feb 20091691032.814.63$5,591
Jan 20091972135.865.37$7,177
Dec 20081862037.105.98$7,020
Nov 20081691455.496.86$9,474
Oct 2008014075.246.92$969
Sep 200819915101.767.88$20,368
Aug 200800114.228.48$0
Jul 200819296131.0811.39$26,261
Jun 20080208131.3313.03$2,711
May 2008186268123.1711.57$26,012
Apr 20080323110.3110.45$3,377
Mar 2008177260101.909.66$20,549
Feb 2008039792.538.77$3,482
Jan 200816825590.388.21$17,276
Dec 200719221788.337.30$18,544
Nov 2007045191.677.29$3,289
Oct 200711150682.856.92$12,699
Sep 2007048575.846.24$3,028
Aug 2007063669.066.39$4,063

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.

May 2026 — as filed, then multipliedworked
Oil                  714 bbl  × $106.41 =    $75,977
Casinghead gas       422 Mcf  × $  3.05 =     $1,285

────────────────────────────────────────────────────
Month total                                  $77,262

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/O/25018 is the state's own key, not one this site invented.