NGR BARRETT

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

Oil lease lease 27109District 03Field 32157071OilCasinghead gasSaveExport
Value, all time
$8.5 M
Aug 2015 – May 2026
Value, last 12 filed months
$169 k
at the published price for each month
Months reported
130
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 310 leases and 403 wells, and the rule below applies to all of them.

Discovered
1965-04-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 2016-02-23.

The Commission's schedule remark for this field reads: DUE TO COMPUTER RESTRAINTS THE HIGHEST POSSIBLE TOP IS 3499

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
OilDisposition140,836 bbl$6,617,415
Casinghead gasProduction636,168 Mcf$1,845,381
Total$8,462,796

Wells on this lease (2)

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 30.9257, -95.8778. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

30.92567, -95.87778 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
11,296 ft
2 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.
2100.0%

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

Between 10,875 and 11,716 ft, median 11,296 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2015 – Feb 2016
2 of 2 wells

2 wells

42-31331310211,716 ftFeb 2016
42-31331288110,875 ftAug 2015

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 (130)

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

130 months

May 2026295112106.413.05$31,732
Apr 202656710498.932.87$56,392
Mar 20267232089.753.15$64,952
Feb 202608763.503.75$326
Jan 202609559.138.00$760
Dec 202503756.664.41$163
Nov 2025683858.593.93$4,133
Oct 2025583159.383.30$3,546
Sep 202502162.743.08$65
Aug 202504563.933.01$136
Jul 2025100066.743.32$6,674
Jun 202504166.483.13$128
May 202502060.553.23$65
Apr 202505862.363.54$206
Mar 202504167.704.27$175
Feb 202503770.884.34$161
Jan 202504674.324.28$197
Dec 202403568.993.12$109
Nov 202407569.052.20$165
Oct 202405271.372.28$119
Sep 202401169.612.36$26
Aug 202403775.632.06$76
Jul 20241466979.932.15$11,818
Jun 202403278.082.63$84
May 2024335078.812.20$26,401
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 2023339074.852.64$25,374
Jun 2023556068.962.26$38,342
May 20233806970.622.23$26,989
Apr 20230078.122.24$0
Mar 202314542872.852.39$11,588
Feb 202338125175.112.47$29,236
Jan 2023062076.533.39$2,100
Dec 20225512,89776.415.73$58,699
Nov 20221942,41885.005.65$30,143
Oct 20225933,12987.185.86$70,045
Sep 20221761,53484.888.16$27,462
Aug 20223123,81294.529.13$64,283
Jul 20223554,825101.587.54$72,451
Jun 20223733,484115.097.98$70,721
May 20223633,751109.378.43$71,334
Apr 20223703,647104.226.84$63,498
Mar 20225583,997108.885.08$81,045
Feb 20223863,50291.054.86$52,161
Jan 20223643,70881.844.54$46,615
Dec 20213723,81971.323.90$41,422
Nov 20215573,55777.435.24$61,756
Oct 20211863,64679.795.71$35,674
Sep 20213723,39869.865.35$44,170
Aug 20215603,75666.024.22$52,824
Jul 20215553,67670.783.98$53,921
Jun 20213803,58569.493.38$38,526
May 20215583,74063.483.02$46,708
Apr 20215703,72060.362.76$44,667
Mar 20213603,59161.302.72$31,825
Feb 20215692,47657.805.55$46,625
Jan 20213703,60450.412.81$28,780
Dec 20205623,73544.642.68$35,081
Nov 20203712,65638.772.71$21,572
Oct 20201881,93236.972.48$11,739
Sep 20207203,93037.091.99$34,530
Aug 20205433,58039.982.39$30,248
Jul 20203473,72838.371.83$20,118
Jun 20207254,12234.901.69$32,270
May 20200016.921.81$0
Apr 20207453,36414.751.80$17,059
Mar 20203633,70630.341.86$17,893
Feb 20205483,50949.881.98$34,284
Jan 20207544,36557.252.09$52,310
Dec 20195743,65559.012.30$42,294
Nov 20197583,90455.302.75$52,656
Oct 20195713,65053.472.42$39,359
Sep 20195733,66355.052.66$41,277
Aug 20197553,98053.112.30$49,269
Jul 20191,1244,06956.272.46$73,257
Jun 20198763,68452.782.49$55,413
May 20199683,78158.482.74$66,970
Apr 20197533,95962.632.75$58,050
Mar 20197444,39256.803.06$55,708
Feb 20199494,23150.852.79$60,071
Jan 20191,1364,62146.033.23$67,208
Dec 20181,1504,50746.594.19$72,442
Nov 20189474,36352.934.24$68,612
Oct 20181,3264,19361.443.40$95,718
Sep 20181,5274,02859.543.11$103,437
Aug 20181,7024,43159.403.07$114,687
Jul 20181,5074,12865.142.93$110,269
Jun 20181,1033,52860.183.08$77,234
May 20181,2873,58865.382.90$94,552
Apr 20181,4963,49463.842.90$105,640
Mar 20181,5133,61361.222.79$102,695
Feb 20181,3103,08161.782.77$89,454
Jan 20181,6813,09262.874.01$118,081
Dec 20170057.272.92$0
Nov 20171,3372,57455.423.12$82,123
Oct 20171,2733,64749.292.98$73,628
Sep 20171,4493,46747.523.09$79,560
Aug 20172,0875,65345.373.00$111,671
Jul 20171,3464,52843.873.09$73,028
Jun 20171,9204,41442.493.09$95,208
May 20171,9035,03745.373.26$102,777
Apr 20171,3215,92247.933.21$82,335
Mar 20171,8256,55946.772.98$104,925
Feb 20171,4916,49150.452.95$94,386
Jan 20171,8617,39149.413.42$117,220
Dec 20162,2219,17148.763.72$142,438
Nov 20162,46410,01042.492.64$131,165
Oct 20162,05211,13846.193.09$129,201
Sep 20162,4138,51341.553.10$126,656
Aug 20163,54312,55141.442.92$183,525
Jul 20163,52211,97641.622.92$181,608
Jun 20163,17420,65945.352.69$199,427
May 20164,50824,82442.521.99$241,106
Apr 20169,63031,98636.561.99$415,758
Mar 201613,70238,02333.011.79$520,517
Feb 20169,26035,47026.472.06$318,309
Jan 20162,13318,40527.352.36$101,854
Dec 20152,58425,77132.362.00$135,197
Nov 20152,39223,16938.792.17$143,001
Oct 20154,22730,64843.552.43$258,456
Sep 20157,80644,09642.992.76$457,215
Aug 20151,0996,02940.162.87$61,454

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                  295 bbl  × $106.41 =    $31,391
Casinghead gas       112 Mcf  × $  3.05 =       $341

────────────────────────────────────────────────────
Month total                                  $31,732

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/27109 is the state's own key, not one this site invented.