REEVES-GIBBS -A-

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the CARTHAGE field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 123District 06Field 16032001NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – Jan 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
337
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 48 leases and 57 wells, and the rule below applies to all of them.

Discovered
1944-06-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
3,760 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1945-05-01.

The Commission's schedule remark for this field reads: PRORATED FIELD EFFECTIVE 04/01/2025.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition9,217 bbl$385,024
Casinghead gasProduction208,795 Mcf$735,380
Total$1,120,404

54,671 Mcf of this lease's gas, across 48 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 32.0716, -94.1270. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.07160, -94.12697 · 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
7,000 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
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 7,000 ft.

Plug dates filed
Nov 2020
1 of 1 wells

1 well

42-3650128217,000 ftNov 2020Yes

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 (337)

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

337 months

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 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150732.362.00$14
Nov 2015015138.792.17$327
Oct 2015017843.552.43$432
Sep 20153118442.992.76$1,840
Aug 2015022240.162.87$638
Jul 201514739848.152.95$8,250
Jun 2015053656.152.88$1,545
May 2015050855.212.96$1,501
Apr 2015052849.822.71$1,429
Mar 2015055942.892.93$1,641
Feb 2015054944.662.98$1,634
Jan 201516556843.433.10$8,927
Dec 2014059454.693.59$2,133
Nov 2014060370.464.25$2,564
Oct 2014064978.303.90$2,532
Sep 2014070386.164.05$2,844
Aug 201416473689.394.04$17,630
Jul 2014075296.564.18$3,143
Jun 2014071398.164.74$3,377
May 2014078794.734.73$3,720
Apr 201417565495.944.81$19,935
Mar 2014070895.895.06$3,580
Feb 2014060897.406.19$3,765
Jan 2014063290.404.86$3,072
Dec 2013067591.824.35$2,939
Nov 2013077688.853.74$2,901
Oct 20138064097.423.78$10,212
Sep 20130613104.113.72$2,279
Aug 20130348104.253.52$1,226
Jul 20130524102.523.72$1,948
Jun 2013019994.403.93$783
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 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20127948579.822.52$7,528
May 201215862591.612.49$16,030
Apr 20120646101.652.00$1,290
Mar 20120694105.052.22$1,542
Feb 20120610101.102.57$1,568
Jan 2012069998.092.73$1,911
Dec 2011073696.873.24$2,384
Nov 201116269495.723.31$17,805
Oct 2011085884.983.65$3,130
Sep 2011098883.623.99$3,938
Aug 2011038483.404.15$1,593
Jul 201116964994.144.52$18,841
Jun 2011068792.904.64$3,188
May 2011054098.134.40$2,379
Apr 20110707105.964.33$3,064
Mar 2011072396.364.06$2,933
Feb 201116863285.644.18$17,029
Jan 2011073686.504.59$3,377
Dec 2010070185.734.35$3,048
Nov 2010076380.843.80$2,896
Oct 201001,01678.103.51$3,565
Sep 2010024472.633.98$971
Aug 201016651073.684.42$14,485
Jul 2010066872.554.74$3,164
Jun 2010066770.364.91$3,275
May 2010074071.124.24$3,134
Apr 2010073581.694.12$3,030
Mar 201017374078.394.39$16,809
Feb 2010062573.585.44$3,401
Jan 2010057174.365.96$3,406
Dec 2009057071.445.48$3,126
Nov 2009065974.593.75$2,472
Oct 2009045472.544.11$1,866
Sep 2009062265.543.06$1,906
Aug 200917473867.423.22$14,106
Jul 2009074061.133.46$2,564
Jun 2009070566.163.90$2,746
May 2009075154.743.93$2,948
Apr 2009067346.773.59$2,414
Mar 2009070642.144.06$2,866
Feb 200916664532.814.63$8,435
Jan 2009065335.865.37$3,507
Dec 2008065137.105.98$3,891
Nov 2008066555.496.86$4,562
Oct 2008074275.246.92$5,136
Sep 2008167691101.767.88$22,437
Aug 20080757114.228.48$6,422
Jul 20080774131.0811.39$8,815
Jun 20080664131.3313.03$8,654
May 20080756123.1711.57$8,750
Apr 20080776110.3110.45$8,113
Mar 20080251101.909.66$2,426
Feb 200816167992.538.77$20,853
Jan 2008068690.388.21$5,629
Dec 2007065688.337.30$4,790
Nov 2007068591.677.29$4,995
Oct 2007077782.856.92$5,378
Sep 200717474575.846.24$17,848
Aug 2007076669.066.39$4,893
Jul 2007080170.906.39$5,117
Jun 2007073162.007.55$5,518
May 2007078058.747.85$6,120
Apr 200716875459.617.81$15,900
Mar 2007079256.927.30$5,783
Feb 2007067655.108.22$5,554
Jan 2007074150.306.73$4,985
Dec 2006076756.656.92$5,306
Nov 200618174754.207.62$15,500
Oct 2006078154.906.01$4,697
Sep 2006077260.085.04$3,889
Aug 2006076368.717.34$5,600
Jul 2006076069.376.34$4,821
Jun 200617467566.286.38$15,842
May 2006074466.016.42$4,780
Apr 2006069064.397.36$5,079
Mar 2006069856.707.08$4,944
Feb 2006060457.597.75$4,682
Jan 2006071560.598.93$6,387
Dec 200516571554.9413.42$18,657
Nov 2005068554.6910.59$7,253
Oct 2005070858.3413.80$9,767
Sep 2005063261.4512.08$7,634
Aug 2005057861.519.80$5,663
Jul 200517085855.697.84$16,197
Jun 2005073452.337.38$5,418
May 2005079545.226.65$5,288
Apr 2005077949.207.36$5,734
Mar 2005076950.377.15$5,502
Feb 200518169145.226.31$12,546
Jan 2005076843.166.32$4,855
Dec 2004177239.866.75$5,252
Nov 2004076545.286.33$4,843
Oct 2004077749.706.52$5,062
Sep 200417275143.245.28$11,405
Aug 2004079442.375.55$4,407
Jul 2004077938.286.08$4,740
Jun 2004079136.106.43$5,089
May 2004483537.486.49$5,573
Apr 200418380134.475.86$11,001
Mar 2004585034.365.53$4,872
Feb 20041079432.455.51$4,699
Jan 2004080832.036.30$5,090
Dec 2003079630.266.30$5,016
Nov 200318277328.804.60$8,794
Oct 2003176928.174.76$3,688
Sep 2003080226.314.75$3,809
Aug 2003393929.765.13$4,906
Jul 2003370129.415.17$3,713
Jun 200317782628.565.98$9,997
May 2003086026.595.97$5,137
Apr 2003882026.675.41$4,647
Mar 2003580031.146.10$5,033
Feb 2003071133.487.93$5,635
Jan 200317478030.315.58$9,628
Dec 20021181026.914.85$4,228
Nov 2002076524.664.14$3,165
Oct 2002281926.464.23$3,517
Sep 200217481627.443.64$7,741
Aug 2002072125.963.16$2,281
Jul 2002171124.583.06$2,201
Jun 2002072723.733.34$2,427
May 2002450624.663.58$1,912
Apr 200217267323.653.51$6,432
Mar 20021668822.003.10$2,487
Feb 2002066318.222.38$1,575
Jan 20021266817.172.38$1,793
Dec 2001771116.932.36$1,800
Nov 200118367718.072.41$4,935
Oct 2001775119.782.53$2,038
Sep 2001374124.262.25$1,741
Aug 2001076724.873.05$2,342
Jul 2001162023.933.20$2,006
Jun 2001061124.563.82$2,337
May 200116870225.524.31$7,311
Apr 2001167524.685.34$3,626
Mar 2001072024.545.38$3,871
Feb 2001064127.755.77$3,697
Jan 200118869827.478.40$11,027
Dec 2000370026.889.12$6,466
Nov 2000069832.215.66$3,949
Oct 2000175631.235.15$3,921
Sep 2000272931.875.19$3,845
Aug 200017675329.644.54$8,636
Jul 2000172928.534.09$3,010
Jun 2000070729.304.40$3,109
May 2000277827.263.68$2,917
Apr 2000071024.513.12$2,212
Mar 200018472628.422.86$7,305
Feb 2000069927.622.73$1,906
Jan 2000072225.272.48$1,791
Dec 1999094624.282.42$2,293
Nov 1999096423.192.43$2,346
Oct 1999394920.982.80$2,724
Sep 199918084621.752.62$6,131
Aug 1999175419.262.88$2,187
Jul 1999272917.892.37$1,765
Jun 1999275415.942.36$1,813
May 1999081415.792.32$1,889
Apr 199917575715.102.21$4,314
Mar 1999278612.471.84$1,470
Feb 199906469.981.82$1,174
Jan 1999374010.381.90$1,437
Dec 199806559.201.77$1,162
Nov 199818661710.892.19$3,374
Oct 1998074912.421.97$1,475
Sep 1998179012.592.08$1,658
Aug 1998085311.301.91$1,627
Jul 1998184211.742.24$1,896
Jun 199811,00411.242.24$2,257
May 199817373212.622.21$3,798
Apr 1998593313.042.51$2,403
Mar 1998090312.802.31$2,085
Feb 1998572013.952.30$1,725
Jan 199817683814.702.15$4,393
Dec 1997285916.322.41$2,104
Nov 1997082218.193.09$2,539
Oct 1997094519.253.15$2,977
Sep 199717091017.742.95$5,705
Aug 1997294517.862.55$2,450
Jul 1997095517.582.25$2,146
Jun 1997096417.242.26$2,176
May 19971811,07718.972.31$5,920
Apr 199741,08817.882.08$2,338
Mar 199701,02218.951.94$1,982
Feb 1997095720.492.21$2,111
Jan 1997386223.483.54$3,122
Dec 199641,00123.32$93
Nov 199618445421.97$4,042
Oct 1996294123.31$47
Sep 1996295722.22$44
Aug 1996099120.26$0
Jul 1996191019.55$20
Jun 1996094418.73$0
May 19961791,00319.43$3,478
Apr 1996384221.51$65
Mar 199601,04419.38$0
Feb 1996285616.98$34
Jan 1996241517.07$34
Dec 1995194117.19$17
Nov 199519099116.00$3,040
Oct 199521,04115.43$31
Sep 199501,06216.18$0
Aug 1995192815.92$16
Jul 199501,14415.24$0
Jun 19951811,07316.41$2,970
May 199521,26517.56$35
Apr 199501,24917.73$0
Mar 19951841,27216.44$3,025
Feb 199501,03616.58$0
Jan 199521,17815.92$32
Dec 199421,31715.03$30
Nov 1994058115.90$0
Oct 199401,32515.58$0
Sep 19941841,36915.29$2,813
Aug 199401,40516.13$0
Jul 199401,20317.56$0
Jun 199401,24017.09$0
May 199401,36315.88$0
Apr 19941801,27914.14$2,545
Mar 199401,36612.46$0
Feb 199421,16912.50$25
Jan 199401,31312.66$0
Dec 19931841,27512.33$2,269
Nov 199301,27414.49$0
Oct 199301,39515.85$0
Sep 199301,21915.03$0
Aug 19931811,39715.66$2,834
Jul 199301,38515.46$0
Jun 199331,42616.79$50
May 199301,52517.68$0
Apr 19931831,43118.05$3,303
Mar 199301,45818.14$0
Feb 199311,22817.90$18
Jan 19931121,19016.93$1,896

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.

Dec 2015 — as filed, then multipliedworked
Oil                    0 bbl  × $ 32.36 =         $0
Casinghead gas         7 Mcf  × $  2.00 =        $14

────────────────────────────────────────────────────
Month total                                      $14

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/O/123 is the state's own key, not one this site invented.