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REED EF UNIT

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

Oil lease lease 27449District 03Field 34733610OilCasinghead gasSaveExport
Value, all time
$25.0 M
Jun 2018 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
96
no gaps in the span
Streams
2
oil, casinghead gas

The GIDDINGS (EAGLEFORD) field

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 414 leases and 555 wells, and the rule below applies to all of them.

Discovered
1981-07-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2013-09-24.

The Commission's schedule remark for this field reads: “FIELD. ORDER SIGNED: 04/12/16”

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
OilDisposition395,610 bbl$24,657,538
Casinghead gasProduction121,637 Mcf$386,293
Total$25,043,831

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 30.4854, -96.7920. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.48535, -96.79196 · 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
7,034 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 7,034 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-051341521H7,034 ftJun 2018——

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 (96)

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

96 months

May 20261,767467106.413.05$189,449
Apr 20261,79439498.932.87$178,611
Mar 20261,95531289.753.15$176,444
Feb 20261,77826563.503.75$113,897
Jan 20262,15923759.138.00$129,557
Dec 20251,79323856.664.41$102,642
Nov 20251,77126758.593.93$104,811
Oct 20251,61432259.383.30$96,903
Sep 20251,97059862.743.08$125,438
Aug 20251,94763663.933.01$126,389
Jul 20251,97261066.743.32$133,634
Jun 20251,97653166.483.13$133,026
May 20251,93960360.553.23$119,356
Apr 20251,97950562.363.54$125,200
Mar 20252,13049467.704.27$146,310
Feb 20251,78250270.884.34$128,487
Jan 20252,17360074.324.28$164,065
Dec 20242,15259468.993.12$150,321
Nov 20241,96561469.052.20$137,033
Oct 20242,16069371.372.28$155,740
Sep 20242,09767969.612.36$147,578
Aug 20242,30665575.632.06$175,754
Jul 20242,10151579.932.15$169,038
Jun 20242,13557478.082.63$168,213
May 20242,31675778.812.20$184,188
Apr 20242,15369484.451.66$182,972
Mar 20242,70862180.301.55$218,412
Feb 20242,53238876.091.78$193,352
Jan 20242,70638573.023.30$198,862
Dec 20231,07723071.262.61$77,347
Nov 20232,50966377.892.81$197,287
Oct 20232,34756885.443.09$202,281
Sep 20232,49955289.042.74$224,021
Aug 20232,49651580.522.67$202,354
Jul 20232,50251974.852.64$188,646
Jun 20232,49955568.962.26$173,585
May 20232,50453370.622.23$178,020
Apr 20232,68943978.122.24$211,047
Mar 20232,54254972.852.39$186,499
Feb 20232,70747075.112.47$204,482
Jan 20232,69046076.533.39$207,424
Dec 20222,70145476.415.73$208,984
Nov 20222,71637285.005.65$232,960
Oct 20222,89045387.185.86$254,606
Sep 20222,49839484.888.16$215,247
Aug 20222,86842394.529.13$274,944
Jul 20222,864441101.587.54$294,251
Jun 20222,684346115.097.98$311,662
May 20222,848426109.378.43$315,078
Apr 20223,079348104.226.84$323,273
Mar 20223,092320108.885.08$338,281
Feb 20222,71937791.054.86$249,397
Jan 20223,44343081.844.54$283,726
Dec 20213,07247571.323.90$220,947
Nov 20213,05845177.435.24$239,143
Oct 20213,21813079.795.71$257,507
Sep 20213,0355369.865.35$212,309
Aug 20213,4065566.024.22$225,096
Jul 20213,74713470.783.98$265,746
Jun 20213,57130669.493.38$249,183
May 20213,41224563.483.02$217,333
Apr 20213,590060.362.76$216,692
Mar 20214,006061.302.72$245,568
Feb 20213,25180857.805.55$192,391
Jan 20215,20757950.412.81$264,112
Dec 20207,599044.642.68$339,219
Nov 20200038.772.71$0
Oct 20201,26723836.972.48$47,431
Sep 20204,3041,71537.091.99$163,050
Aug 20204,1102,74139.982.39$170,855
Jul 20204,5372,22638.371.83$178,147
Jun 20204,6731,87534.901.69$166,257
May 20205,0483,02216.921.81$90,896
Apr 20206,3842,20214.751.80$98,137
Mar 20202,88816930.341.86$87,936
Feb 20204,372049.881.98$218,075
Jan 20205,359057.252.09$306,803
Dec 20195,404059.012.30$318,890
Nov 20195,494055.302.75$303,818
Oct 20195,967053.472.42$319,055
Sep 20195,9242,67755.052.66$333,230
Aug 20195,7762,44753.112.30$312,402
Jul 20196,5314,12956.272.46$377,657
Jun 20197,1994,15652.782.49$390,317
May 20196,9224,07858.482.74$415,974
Apr 20196,8704,38062.632.75$442,316
Mar 20198,1606,02056.803.06$481,922
Feb 20197,8145,30350.852.79$412,149
Jan 20199,1619,03646.033.23$450,851
Dec 201810,6235,86446.594.19$519,469
Nov 201811,59610,78052.934.24$659,454
Oct 201813,39910,95961.443.40$860,474
Sep 201814,0384,36359.543.11$849,383
Aug 201813,5162,92959.403.07$811,832
Jul 201816,4321,50565.142.93$1,074,793
Jun 201818,377060.183.08$1,105,928

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                1,767 bbl  × $106.41 =   $188,026
Casinghead gas       467 Mcf  × $  3.05 =     $1,422

────────────────────────────────────────────────────
Month total                                 $189,449

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/27449 is the state's own key, not one this site invented.