REED, W.M. GAS UNIT

Operated by BPX OPERATING COMPANY (P-5 85408) in the CARTHAGE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 171241District 06Field 16032812CondensateGasSaveExport
Value, all time
$3.4 M
Jan 1997 – May 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
317
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 873 leases and 896 wells, and the rule below applies to all of them.

Discovered
1943-06-10
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 40 acres. The field rule took effect on 2006-10-10.

The Commission's schedule remark for this field reads: (PETTIT, LOWER).

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
CondensateDisposition12,185 bbl$628,073
GasProduction646,016 Mcf$2,802,579
Total$3,430,653

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 32.1159, -94.4726. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11595, -94.47262 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,940 ft
1 wells filed one
Completion to plug
18.9 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 6,940 ft.

Completions filed
Jan 1997
1 of 1 wells
Plug dates filed
Dec 2015
1 of 1 wells

Last completion to plug: a median of 18.9 years across the 1 well that filed both dates, with the middle half between 18.9 years and 18.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653224576,940 ftJan 1997Dec 2015Yes

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 (317)

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

317 months

May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20161042.521.99$43
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201564838.792.17$337
Oct 20150043.552.43$0
Sep 20153042.992.76$129
Aug 2015171940.162.87$737
Jul 20151720848.152.95$1,431
Jun 2015813856.152.88$847
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20123086.953.62$261
Oct 20121655589.383.40$3,317
Sep 2012134694.672.92$1,365
Aug 2012161992.662.91$1,538
Jul 2012161885.133.02$1,416
Jun 2012151779.822.52$1,240
May 2012161891.612.49$1,511
Apr 20121415101.652.00$1,453
Mar 20121819105.052.22$1,933
Feb 20121634101.102.57$1,705
Jan 20122784698.092.73$4,961
Dec 2011751,34696.873.24$11,626
Nov 2011601,33995.723.31$10,177
Oct 2011681,69884.983.65$11,974
Sep 2011531,69583.623.99$11,188
Aug 2011821,83883.404.15$14,465
Jul 2011761,90994.144.52$15,778
Jun 2011851,63192.904.64$15,464
May 20111212,12298.134.40$21,221
Apr 20111741,465105.964.33$24,785
Mar 20111901,76996.364.06$25,486
Feb 20111662,05785.644.18$22,814
Jan 20111692,27186.504.59$25,040
Dec 20101442,38785.734.35$22,723
Nov 2010952,51780.843.80$17,233
Oct 2010831,89778.103.51$13,139
Sep 2010812,46172.633.98$15,677
Aug 2010682,03073.684.42$13,982
Jul 2010972,59172.554.74$19,310
Jun 2010811,23370.364.91$11,754
May 2010981,87171.124.24$14,894
Apr 20101162,18881.694.12$18,496
Mar 2010992,56678.394.39$19,022
Feb 20101332,34973.585.44$22,570
Jan 20101262,74074.365.96$25,711
Dec 2009862,18371.445.48$18,115
Nov 2009981,47074.593.75$12,825
Oct 20091051,63772.544.11$14,345
Sep 20091462,27865.543.06$16,550
Aug 20091322,38267.423.22$16,566
Jul 2009861,31661.133.46$9,816
Jun 20091041,94766.163.90$14,464
May 20093054.743.93$164
Apr 2009771,66546.773.59$9,574
Mar 2009233,30142.144.06$14,368
Feb 2009718732.814.63$1,096
Jan 20092382135.865.37$5,234
Dec 2008943,19637.105.98$22,590
Nov 2008572,72955.496.86$21,885
Oct 2008962,54275.246.92$24,819
Sep 2008241,419101.767.88$13,620
Aug 2008702,588114.228.48$29,949
Jul 2008952,207131.0811.39$37,589
Jun 200872973131.3313.03$22,137
May 2008691,899123.1711.57$30,478
Apr 20081212,124110.3110.45$35,554
Mar 2008952,163101.909.66$30,584
Feb 2008972,30592.538.77$29,192
Jan 2008922,04890.388.21$25,120
Dec 2007981,54588.337.30$19,938
Nov 2007971,56891.677.29$20,325
Oct 2007942,78182.856.92$27,038
Sep 2007974,35175.846.24$34,525
Aug 2007542,99369.066.39$22,848
Jul 2007304,74670.906.39$32,444
Jun 2007313,42762.007.55$27,791
May 2007394,73958.747.85$39,474
Apr 2007405,39259.617.81$44,470
Mar 2007412,98056.927.30$24,094
Feb 2007542,52655.108.22$23,729
Jan 2007533,23650.306.73$24,434
Dec 2006192,49356.656.92$18,324
Nov 2006282,71354.207.62$22,184
Oct 2006452,82154.906.01$19,435
Sep 2006202,31360.085.04$12,853
Aug 2006412,48968.717.34$21,086
Jul 2006372,60869.376.34$19,109
Jun 2006281,95866.286.38$14,355
May 2006282,79866.016.42$19,825
Apr 2006422,85364.397.36$23,704
Mar 2006423,46356.707.08$26,910
Feb 2006322,51157.597.75$21,306
Jan 2006422,65760.598.93$26,281
Dec 2005422,57454.9413.42$36,839
Nov 2005522,46354.6910.59$28,923
Oct 2005422,73658.3413.80$40,195
Sep 2005422,28861.4512.08$30,218
Aug 2005312,58661.519.80$27,241
Jul 2005312,57855.697.84$21,947
Jun 2005422,76652.337.38$22,614
May 2005422,76745.226.65$20,303
Apr 2005652,56149.207.36$22,048
Mar 20051032,34850.377.15$21,988
Feb 2005112,07345.226.31$13,582
Jan 2005121,96243.166.32$12,922
Dec 20042670139.866.75$5,769
Nov 200403,01645.286.33$19,093
Oct 2004273,53449.706.52$24,366
Sep 2004283,36543.245.28$18,991
Aug 2004272,99342.375.55$17,757
Jul 2004272,63238.286.08$17,047
Jun 20042760236.106.43$4,847
May 20041329837.486.49$2,423
Apr 20041334934.475.86$2,493
Mar 2004132134.365.53$563
Feb 2004208632.455.51$1,123
Jan 2004201,71732.036.30$11,457
Dec 2003272,98430.266.30$19,621
Nov 2003273,18228.804.60$15,399
Oct 2003142,70928.174.76$13,288
Sep 2003273,49726.314.75$17,319
Aug 2003273,73529.765.13$19,963
Jul 2003133,79029.415.17$19,980
Jun 2003133,44928.565.98$21,007
May 2003133,84326.595.97$23,299
Apr 2003273,33826.675.41$18,770
Mar 2003274,03831.146.10$25,457
Feb 2003143,76733.487.93$30,326
Jan 2003272,23130.315.58$13,272
Dec 200214026.914.85$377
Nov 200227124.664.14$670
Oct 2002132,14026.464.23$9,394
Sep 2002402,66727.443.64$10,793
Aug 200294,01425.963.16$12,935
Jul 2002104,35924.583.06$13,592
Jun 2002104,27423.733.34$14,505
May 2002104,16724.663.58$15,181
Apr 2002154,94223.653.51$17,713
Mar 2002104,82822.003.10$15,200
Feb 2002165,47018.222.38$13,286
Jan 2002165,39117.172.38$13,082
Dec 2001155,36916.932.36$12,948
Nov 2001104,68718.072.41$11,455
Oct 2001154,69919.782.53$12,180
Sep 2001154,24424.262.25$9,919
Aug 2001104,55724.873.05$14,162
Jul 2001104,91523.933.20$15,953
Jun 2001105,90924.563.82$22,843
May 2001105,06025.524.31$22,050
Apr 2001153,79224.685.34$20,602
Mar 2001155,32524.545.38$28,998
Feb 2001304,88727.755.77$29,016
Jan 20011105,53627.478.40$49,517
Dec 2000834,18526.889.12$40,409
Nov 2000902,79132.215.66$18,690
Oct 20001744,31431.235.15$27,632
Sep 20001393,84731.875.19$24,382
Aug 20001235,42929.644.54$28,297
Jul 20001945,29228.534.09$27,178
Jun 20002154,95929.304.40$28,105
May 20001945,37627.263.68$25,071
Apr 20001885,44524.513.12$21,575
Mar 20002324,67228.422.86$19,954
Feb 20001835,06927.622.73$18,875
Jan 20002405,12625.272.48$18,780
Dec 19991915,74324.282.42$18,557
Nov 19992435,51623.192.43$19,061
Oct 19992405,93120.982.80$21,664
Sep 19991365,81521.752.62$18,187
Aug 1999586,44019.262.88$19,636
Jul 1999646,13917.892.37$15,709
Jun 1999526,59815.942.36$16,414
May 1999676,49915.792.32$16,142
Apr 1999686,30415.102.21$14,946
Mar 1999706,79912.471.84$13,372
Feb 1999474,7519.981.82$9,105
Jan 1999675,26210.381.90$10,693
Dec 1998756,2369.201.77$11,748
Nov 1998726,25710.892.19$14,460
Oct 1998746,53712.421.97$13,792
Sep 1998606,46812.592.08$14,226
Aug 1998796,69811.301.91$13,668
Jul 1998736,89111.742.24$16,274
Jun 1998716,79711.242.24$16,005
May 1998607,29412.622.21$16,850
Apr 1998677,24813.042.51$19,032
Mar 1998507,37612.802.31$17,674
Feb 1998484,58213.952.30$11,204
Jan 1998554,72614.702.15$10,992
Dec 1997656,90516.322.41$17,709
Nov 1997787,14618.193.09$23,488
Oct 1997637,70819.253.15$25,492
Sep 1997467,60317.742.95$23,282
Aug 1997807,67517.862.55$21,036
Jul 1997817,93017.582.25$19,242
Jun 1997817,50417.242.26$18,334
May 1997778,09418.972.31$20,146
Apr 19971037,19917.882.08$16,836
Mar 1997787,53718.951.94$16,093
Feb 1997515,00620.492.21$12,088
Jan 199772,17423.483.54$7,860

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 2016 — as filed, then multipliedworked
Condensate             1 bbl  × $ 42.52 =        $43
Gas                    0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                      $43

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. 06/G/171241 is the state's own key, not one this site invented.