REED "E"

Name: REED "E" lease production and value, Jan 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by XTO ENERGY INC. (P-5 945936) in the BEAR GRASS (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148918District 05Field 06476700CondensateGasSave Export

Value, all time

$2.6 M

Jan 1994 – Jun 2020

Value, last 12 filed months

at the published price for each month

Months reported

318

no gaps in the span

Streams

condensate, gas

The BEAR GRASS (PETTIT) 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 140 leases and 140 wells, and the rule below applies to all of them.

Discovered

1979-10-16

as the register files it

Field class

Gas

the register's own label

Between wells

600 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2007-08-14.

The Commission's schedule remark for this field reads: “ FOR PRORATION PURPOSES.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,631 bbl	$71,253
Gas	Production	988,860 Mcf	$2,515,565
Total			$2,586,818

455,934 Mcf of this lease's gas, across 33 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.4322, -96.2271. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43220, -96.22709 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

9,500 ft

1 wells filed one

Completion to plug

4.2 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 9,500 ft.

Completions filed

Apr 2016

1 of 1 wells

Plug dates filed

Jun 2020

1 of 1 wells

Last completion to plug: a median of 4.2 years across the 1 well that filed both dates, with the middle half between 4.2 years and 4.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-16131066	2	9,500 ft	Apr 2016	Jun 2020	Yes

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 (318)

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

318 months


Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	143	0	41.44	2.92	$5,926
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	213	33.01	1.79	$382
Feb 2016	0	207	26.47	2.06	$427
Jan 2016	0	221	27.35	2.36	$523
Dec 2015	0	252	32.36	2.00	$504
Nov 2015	0	193	38.79	2.17	$418
Oct 2015	0	196	43.55	2.43	$476
Sep 2015	0	191	42.99	2.76	$527
Aug 2015	0	209	40.16	2.87	$600
Jul 2015	0	216	48.15	2.95	$636
Jun 2015	0	155	56.15	2.88	$447
May 2015	0	141	55.21	2.96	$417
Apr 2015	0	98	49.82	2.71	$265
Mar 2015	0	122	42.89	2.93	$358
Feb 2015	0	133	44.66	2.98	$396
Jan 2015	0	156	43.43	3.10	$484
Dec 2014	0	159	54.69	3.59	$571
Nov 2014	0	191	70.46	4.25	$812
Oct 2014	0	179	78.30	3.90	$698
Sep 2014	0	138	86.16	4.05	$558
Aug 2014	0	144	89.39	4.04	$581
Jul 2014	0	142	96.56	4.18	$594
Jun 2014	0	133	98.16	4.74	$630
May 2014	0	135	94.73	4.73	$638
Apr 2014	0	137	95.94	4.81	$659
Mar 2014	0	168	95.89	5.06	$850
Feb 2014	0	175	97.40	6.19	$1,084
Jan 2014	0	190	90.40	4.86	$924
Dec 2013	0	210	91.82	4.35	$914
Nov 2013	0	203	88.85	3.74	$759
Oct 2013	0	223	97.42	3.78	$843
Sep 2013	0	198	104.11	3.72	$736
Aug 2013	0	212	104.25	3.52	$747
Jul 2013	0	235	102.52	3.72	$874
Jun 2013	0	244	94.40	3.93	$960
May 2013	0	342	94.83	4.15	$1,419
Apr 2013	0	150	93.96	4.28	$642
Mar 2013	0	459	93.62	3.91	$1,796
Feb 2013	0	601	91.23	3.42	$2,055
Jan 2013	0	609	91.60	3.42	$2,083
Dec 2012	0	723	86.77	3.42	$2,473
Nov 2012	0	579	86.95	3.62	$2,099
Oct 2012	0	520	89.38	3.40	$1,768
Sep 2012	0	423	94.67	2.92	$1,234
Aug 2012	0	406	92.66	2.91	$1,181
Jul 2012	0	427	85.13	3.02	$1,290
Jun 2012	0	398	79.82	2.52	$1,003
May 2012	0	349	91.61	2.49	$868
Apr 2012	0	559	101.65	2.00	$1,116
Mar 2012	0	516	105.05	2.22	$1,147
Feb 2012	0	462	101.10	2.57	$1,187
Jan 2012	0	641	98.09	2.73	$1,753
Dec 2011	0	790	96.87	3.24	$2,559
Nov 2011	0	792	95.72	3.31	$2,623
Oct 2011	0	824	84.98	3.65	$3,006
Sep 2011	0	734	83.62	3.99	$2,926
Aug 2011	0	713	83.40	4.15	$2,958
Jul 2011	0	686	94.14	4.52	$3,099
Jun 2011	0	539	92.90	4.64	$2,501
May 2011	0	567	98.13	4.40	$2,498
Apr 2011	0	403	105.96	4.33	$1,746
Mar 2011	0	254	96.36	4.06	$1,031
Feb 2011	0	183	85.64	4.18	$765
Jan 2011	0	211	86.50	4.59	$968
Dec 2010	0	33	85.73	4.35	$143
Nov 2010	0	23	80.84	3.80	$87
Oct 2010	0	81	78.10	3.51	$284
Sep 2010	0	123	72.63	3.98	$489
Aug 2010	0	1,920	73.68	4.42	$8,485
Jul 2010	0	2,648	72.55	4.74	$12,542
Jun 2010	0	3,091	70.36	4.91	$15,178
May 2010	0	2,054	71.12	4.24	$8,699
Apr 2010	0	634	81.69	4.12	$2,614
Mar 2010	0	5,052	78.39	4.39	$22,172
Feb 2010	0	5,073	73.58	5.44	$27,609
Jan 2010	0	6,598	74.36	5.96	$39,351
Dec 2009	0	3,066	71.44	5.48	$16,813
Nov 2009	0	7,586	74.59	3.75	$28,459
Oct 2009	0	2,859	72.54	4.11	$11,751
Sep 2009	0	1,765	65.54	3.06	$5,409
Aug 2009	0	1,915	67.42	3.22	$6,163
Jul 2009	0	1,827	61.13	3.46	$6,330
Jun 2009	0	1,598	66.16	3.90	$6,224
May 2009	0	1,584	54.74	3.93	$6,218
Apr 2009	0	2,150	46.77	3.59	$7,713
Mar 2009	1	1,585	42.14	4.06	$6,476
Feb 2009	1	1,400	32.81	4.63	$6,519
Jan 2009	2	1,738	35.86	5.37	$9,407
Dec 2008	0	2,211	37.10	5.98	$13,215
Nov 2008	0	1,945	55.49	6.86	$13,343
Oct 2008	0	2,400	75.24	6.92	$16,613
Sep 2008	1	1,851	101.76	7.88	$14,682
Aug 2008	0	1,988	114.22	8.48	$16,864
Jul 2008	0	2,702	131.08	11.39	$30,774
Jun 2008	164	2,745	131.33	13.03	$57,313
May 2008	0	2,228	123.17	11.57	$25,788
Apr 2008	1	2,085	110.31	10.45	$21,909
Mar 2008	2	2,098	101.90	9.66	$20,479
Feb 2008	7	1,647	92.53	8.77	$15,093
Jan 2008	4	2,163	90.38	8.21	$18,111
Dec 2007	3	2,176	88.33	7.30	$16,154
Nov 2007	1	2,160	91.67	7.29	$15,842
Oct 2007	0	2,293	82.85	6.92	$15,872
Sep 2007	1	2,515	75.84	6.24	$15,780
Aug 2007	0	4,719	69.06	6.39	$30,145
Jul 2007	0	2,550	70.90	6.39	$16,289
Jun 2007	0	2,361	62.00	7.55	$17,822
May 2007	0	2,533	58.74	7.85	$19,875
Apr 2007	0	2,426	59.61	7.81	$18,935
Mar 2007	4	2,561	56.92	7.30	$18,928
Feb 2007	1	2,695	55.10	8.22	$22,197
Jan 2007	1	2,561	50.30	6.73	$17,278
Dec 2006	4	2,539	56.65	6.92	$17,793
Nov 2006	6	3,195	54.20	7.62	$24,663
Oct 2006	187	4,373	54.90	6.01	$36,565
Sep 2006	6	2,552	60.08	5.04	$13,215
Aug 2006	2	2,510	68.71	7.34	$18,561
Jul 2006	2	3,329	69.37	6.34	$21,254
Jun 2006	6	2,936	66.28	6.38	$19,141
May 2006	5	1,919	66.01	6.42	$12,660
Apr 2006	3	2,609	64.39	7.36	$19,397
Mar 2006	2	3,880	56.70	7.08	$27,595
Feb 2006	185	6,574	57.59	7.75	$61,610
Jan 2006	8	3,632	60.59	8.93	$32,931
Dec 2005	11	2,808	54.94	13.42	$38,275
Nov 2005	4	2,560	54.69	10.59	$27,325
Oct 2005	6	2,771	58.34	13.80	$38,578
Sep 2005	6	5,658	61.45	12.08	$68,712
Aug 2005	10	6,144	61.51	9.80	$60,807
Jul 2005	4	3,459	55.69	7.84	$27,354
Jun 2005	2	1,951	52.33	7.38	$14,505
May 2005	0	1,903	45.22	6.65	$12,657
Apr 2005	0	1,650	49.20	7.36	$12,145
Mar 2005	0	1,633	50.37	7.15	$11,684
Feb 2005	0	1,453	45.22	6.31	$9,171
Jan 2005	0	2,147	43.16	6.32	$13,574
Dec 2004	2	3,215	39.86	6.75	$21,784
Nov 2004	0	3,019	45.28	6.33	$19,112
Oct 2004	0	2,368	49.70	6.52	$15,428
Sep 2004	0	3,047	43.24	5.28	$16,100
Aug 2004	0	3,186	42.37	5.55	$17,684
Jul 2004	0	4,547	38.28	6.08	$27,665
Jun 2004	0	2,916	36.10	6.43	$18,759
May 2004	0	1,637	37.48	6.49	$10,632
Apr 2004	0	2,327	34.47	5.86	$13,633
Mar 2004	0	1,826	34.36	5.53	$10,098
Feb 2004	0	1,482	32.45	5.51	$8,165
Jan 2004	0	1,247	32.03	6.30	$7,856
Dec 2003	0	1,609	30.26	6.30	$10,139
Nov 2003	0	2,172	28.80	4.60	$9,981
Oct 2003	0	2,183	28.17	4.76	$10,390
Sep 2003	0	2,426	26.31	4.75	$11,522
Aug 2003	0	3,026	29.76	5.13	$15,523
Jul 2003	0	2,520	29.41	5.17	$13,031
Jun 2003	1	2,968	28.56	5.98	$17,786
May 2003	0	2,118	26.59	5.97	$12,650
Apr 2003	0	1,896	26.67	5.41	$10,252
Mar 2003	167	2,262	31.14	6.10	$18,990
Feb 2003	0	2,392	33.48	7.93	$18,959
Jan 2003	1	2,475	30.31	5.58	$13,846
Dec 2002	0	2,122	26.91	4.85	$10,300
Nov 2002	0	2,370	24.66	4.14	$9,805
Oct 2002	0	2,917	26.46	4.23	$12,336
Sep 2002	0	2,436	27.44	3.64	$8,855
Aug 2002	0	2,472	25.96	3.16	$7,822
Jul 2002	0	2,381	24.58	3.06	$7,290
Jun 2002	0	2,380	23.73	3.34	$7,945
May 2002	0	2,648	24.66	3.58	$9,490
Apr 2002	0	1,337	23.65	3.51	$4,696
Mar 2002	0	2,244	22.00	3.10	$6,963
Feb 2002	0	2,022	18.22	2.38	$4,804
Jan 2002	0	2,490	17.17	2.38	$5,915
Dec 2001	0	1,885	16.93	2.36	$4,457
Nov 2001	0	1,461	18.07	2.41	$3,514
Oct 2001	0	2,545	19.78	2.53	$6,436
Sep 2001	0	2,591	24.26	2.25	$5,833
Aug 2001	0	2,395	24.87	3.05	$7,312
Jul 2001	0	2,205	23.93	3.20	$7,050
Jun 2001	0	2,146	24.56	3.82	$8,207
May 2001	0	2,128	25.52	4.31	$9,166
Apr 2001	0	1,656	24.68	5.34	$8,835
Mar 2001	0	2,486	24.54	5.38	$13,366
Feb 2001	0	2,207	27.75	5.77	$12,728
Jan 2001	0	1,221	27.47	8.40	$10,255
Dec 2000	0	2,583	26.88	9.12	$23,563
Nov 2000	0	2,680	32.21	5.66	$15,163
Oct 2000	0	2,381	31.23	5.15	$12,251
Sep 2000	0	2,518	31.87	5.19	$13,060
Aug 2000	0	2,922	29.64	4.54	$13,268
Jul 2000	0	3,338	28.53	4.09	$13,652
Jun 2000	0	3,140	29.30	4.40	$13,807
May 2000	1	3,984	27.26	3.68	$14,687
Apr 2000	0	3,393	24.51	3.12	$10,573
Mar 2000	0	2,722	28.42	2.86	$7,784
Feb 2000	0	2,075	27.62	2.73	$5,657
Jan 2000	0	2,219	25.27	2.48	$5,504
Dec 1999	0	2,855	24.28	2.42	$6,920
Nov 1999	0	2,472	23.19	2.43	$6,017
Oct 1999	0	3,727	20.98	2.80	$10,449
Sep 1999	0	1,911	21.75	2.62	$5,005
Aug 1999	0	2,881	19.26	2.88	$8,285
Jul 1999	0	1,967	17.89	2.37	$4,666
Jun 1999	0	3,808	15.94	2.36	$8,995
May 1999	0	2,811	15.79	2.32	$6,524
Apr 1999	0	2,887	15.10	2.21	$6,375
Mar 1999	0	2,727	12.47	1.84	$5,013
Feb 1999	0	2,656	9.98	1.82	$4,828
Jan 1999	0	3,578	10.38	1.90	$6,798
Dec 1998	0	4,238	9.20	1.77	$7,515
Nov 1998	178	7,294	10.89	2.19	$17,881
Oct 1998	0	3,519	12.42	1.97	$6,930
Sep 1998	0	3,484	12.59	2.08	$7,256
Aug 1998	0	5,264	11.30	1.91	$10,040
Jul 1998	0	8,755	11.74	2.24	$19,587
Jun 1998	0	5,461	11.24	2.24	$12,218
May 1998	0	5,378	12.62	2.21	$11,866
Apr 1998	0	4,442	13.04	2.51	$11,129
Mar 1998	0	4,988	12.80	2.31	$11,519
Feb 1998	1	4,439	13.95	2.30	$10,220
Jan 1998	0	5,453	14.70	2.15	$11,750
Dec 1997	0	6,217	16.32	2.41	$14,990
Nov 1997	0	5,859	18.19	3.09	$18,094
Oct 1997	1	7,030	19.25	3.15	$22,162
Sep 1997	0	6,728	17.74	2.95	$19,880
Aug 1997	0	8,223	17.86	2.55	$21,008
Jul 1997	0	9,657	17.58	2.25	$21,699
Jun 1997	0	9,326	17.24	2.26	$21,051
May 1997	0	6,262	18.97	2.31	$14,456
Apr 1997	0	6,068	17.88	2.08	$12,638
Mar 1997	0	6,083	18.95	1.94	$11,796
Feb 1997	0	5,359	20.49	2.21	$11,821
Jan 1997	0	4,375	23.48	3.54	$15,486
Dec 1996	0	6,169	23.32	—	$0
Nov 1996	0	6,613	21.97	—	$0
Oct 1996	0	5,204	23.31	—	$0
Sep 1996	0	6,141	22.22	—	$0
Aug 1996	1	5,051	20.26	—	$20
Jul 1996	1	8,425	19.55	—	$20
Jun 1996	1	8,976	18.73	—	$19
May 1996	0	3,243	19.43	—	$0
Apr 1996	2	9,503	21.51	—	$43
Mar 1996	88	13,599	19.38	—	$1,705
Feb 1996	0	11,429	16.98	—	$0
Jan 1996	0	9,484	17.07	—	$0
Dec 1995	0	11,115	17.19	—	$0
Nov 1995	1	11,252	16.00	—	$16
Oct 1995	1	14,534	15.43	—	$15
Sep 1995	161	14,127	16.18	—	$2,605
Aug 1995	0	13,196	15.92	—	$0
Jul 1995	1	14,349	15.24	—	$15
Jun 1995	1	16,707	16.41	—	$16
May 1995	1	16,776	17.56	—	$18
Apr 1995	1	17,604	17.73	—	$18
Mar 1995	0	19,444	16.44	—	$0
Feb 1995	0	21,070	16.58	—	$0
Jan 1995	0	16,255	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	158	2,170	15.58	—	$2,462
Sep 1994	0	20,708	15.29	—	$0
Aug 1994	0	22,623	16.13	—	$0
Jul 1994	1	25,787	17.56	—	$18
Jun 1994	2	24,960	17.09	—	$34
May 1994	60	23,968	15.88	—	$953
Apr 1994	0	17,373	14.14	—	$0
Mar 1994	0	14,224	12.46	—	$0
Feb 1994	2	23,855	12.50	—	$25
Jan 1994	0	0	12.66	—	$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.

Aug 2016 — as filed, then multipliedworked

Condensate           143 bbl  × $ 41.44 =     $5,926
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                   $5,926

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. 05/G/148918 is the state's own key, not one this site invented.