REED ESTATE UNIT

Name: REED ESTATE UNIT lease production and value, Feb 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by INDIGO MINERALS LLC (P-5 423834) in the CARTHAGE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14078District 06Field 16032812OilCasinghead gasSave Export

Value, all time

$1.5 M

Feb 2001 – Jan 2018

Value, last 12 filed months

at the published price for each month

Months reported

204

no gaps in the span

Streams

oil, casinghead gas

The CARTHAGE (TRAVIS PEAK) 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 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.

Stream	Basis	Volume	Value
Oil	Disposition	14,647 bbl	$644,066
Casinghead gas	Production	166,990 Mcf	$866,415
Total			$1,510,481

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 32.1176, -94.4939. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11762, -94.49390 · 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

0.0%

0 of 1 wells

Median depth

10,203 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

00.0%

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

00.0%

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 10,203 ft.

Completions filed

Feb 2001

1 of 1 wells

1 well


42-36531726	2	10,203 ft	Feb 2001	—	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 (204)

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

204 months


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	0	0	41.44	2.92	$0
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	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	117	56.15	2.88	$337
May 2015	0	163	55.21	2.96	$482
Apr 2015	0	92	49.82	2.71	$249
Mar 2015	0	193	42.89	2.93	$566
Feb 2015	0	174	44.66	2.98	$518
Jan 2015	0	53	43.43	3.10	$164
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	1	89.39	4.04	$4
Jul 2014	0	12	96.56	4.18	$50
Jun 2014	0	25	98.16	4.74	$118
May 2014	0	26	94.73	4.73	$123
Apr 2014	0	32	95.94	4.81	$154
Mar 2014	0	67	95.89	5.06	$339
Feb 2014	0	42	97.40	6.19	$260
Jan 2014	0	46	90.40	4.86	$224
Dec 2013	0	52	91.82	4.35	$226
Nov 2013	0	96	88.85	3.74	$359
Oct 2013	0	74	97.42	3.78	$280
Sep 2013	0	94	104.11	3.72	$349
Aug 2013	0	181	104.25	3.52	$638
Jul 2013	0	141	102.52	3.72	$524
Jun 2013	0	98	94.40	3.93	$385
May 2013	0	70	94.83	4.15	$290
Apr 2013	0	73	93.96	4.28	$313
Mar 2013	0	224	93.62	3.91	$876
Feb 2013	0	206	91.23	3.42	$705
Jan 2013	0	99	91.60	3.42	$339
Dec 2012	0	125	86.77	3.42	$428
Nov 2012	0	155	86.95	3.62	$562
Oct 2012	0	186	89.38	3.40	$632
Sep 2012	0	183	94.67	2.92	$534
Aug 2012	0	196	92.66	2.91	$570
Jul 2012	0	256	85.13	3.02	$773
Jun 2012	0	274	79.82	2.52	$690
May 2012	0	309	91.61	2.49	$769
Apr 2012	0	294	101.65	2.00	$587
Mar 2012	0	274	105.05	2.22	$609
Feb 2012	0	322	101.10	2.57	$828
Jan 2012	0	289	98.09	2.73	$790
Dec 2011	0	306	96.87	3.24	$991
Nov 2011	0	295	95.72	3.31	$977
Oct 2011	0	309	84.98	3.65	$1,127
Sep 2011	0	348	83.62	3.99	$1,387
Aug 2011	0	367	83.40	4.15	$1,523
Jul 2011	0	210	94.14	4.52	$949
Jun 2011	0	320	92.90	4.64	$1,485
May 2011	110	332	98.13	4.40	$12,257
Apr 2011	0	410	105.96	4.33	$1,777
Mar 2011	0	302	96.36	4.06	$1,225
Feb 2011	0	283	85.64	4.18	$1,183
Jan 2011	0	325	86.50	4.59	$1,491
Dec 2010	178	353	85.73	4.35	$16,795
Nov 2010	0	369	80.84	3.80	$1,400
Oct 2010	0	408	78.10	3.51	$1,432
Sep 2010	183	382	72.63	3.98	$14,811
Aug 2010	0	426	73.68	4.42	$1,883
Jul 2010	0	576	72.55	4.74	$2,728
Jun 2010	183	529	70.36	4.91	$15,473
May 2010	0	602	71.12	4.24	$2,550
Apr 2010	181	425	81.69	4.12	$16,538
Mar 2010	0	484	78.39	4.39	$2,124
Feb 2010	0	294	73.58	5.44	$1,600
Jan 2010	0	294	74.36	5.96	$1,753
Dec 2009	0	353	71.44	5.48	$1,936
Nov 2009	0	493	74.59	3.75	$1,849
Oct 2009	179	632	72.54	4.11	$15,582
Sep 2009	0	631	65.54	3.06	$1,934
Aug 2009	178	783	67.42	3.22	$14,521
Jul 2009	0	797	61.13	3.46	$2,761
Jun 2009	0	824	66.16	3.90	$3,209
May 2009	188	626	54.74	3.93	$12,749
Apr 2009	0	1	46.77	3.59	$4
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	12	32.81	4.63	$56
Jan 2009	0	577	35.86	5.37	$3,099
Dec 2008	180	572	37.10	5.98	$10,097
Nov 2008	0	564	55.49	6.86	$3,869
Oct 2008	0	719	75.24	6.92	$4,977
Sep 2008	164	398	101.76	7.88	$19,824
Aug 2008	1	507	114.22	8.48	$4,415
Jul 2008	1	636	131.08	11.39	$7,375
Jun 2008	166	252	131.33	13.03	$25,085
May 2008	0	602	123.17	11.57	$6,968
Apr 2008	173	592	110.31	10.45	$25,273
Mar 2008	0	564	101.90	9.66	$5,451
Feb 2008	170	592	92.53	8.77	$20,922
Jan 2008	0	658	90.38	8.21	$5,399
Dec 2007	171	645	88.33	7.30	$19,814
Nov 2007	0	364	91.67	7.29	$2,654
Oct 2007	174	702	82.85	6.92	$19,275
Sep 2007	0	697	75.84	6.24	$4,352
Aug 2007	0	661	69.06	6.39	$4,222
Jul 2007	170	389	70.90	6.39	$14,538
Jun 2007	175	479	62.00	7.55	$14,466
May 2007	0	687	58.74	7.85	$5,390
Apr 2007	171	644	59.61	7.81	$15,220
Mar 2007	157	770	56.92	7.30	$14,559
Feb 2007	0	496	55.10	8.22	$4,075
Jan 2007	0	417	50.30	6.73	$2,805
Dec 2006	0	98	56.65	6.92	$678
Nov 2006	188	311	54.20	7.62	$12,559
Oct 2006	179	185	54.90	6.01	$10,940
Sep 2006	0	745	60.08	5.04	$3,753
Aug 2006	0	1,243	68.71	7.34	$9,124
Jul 2006	172	1,190	69.37	6.34	$19,480
Jun 2006	172	728	66.28	6.38	$16,048
May 2006	0	874	66.01	6.42	$5,615
Apr 2006	0	479	64.39	7.36	$3,526
Mar 2006	169	164	56.70	7.08	$10,744
Feb 2006	0	780	57.59	7.75	$6,046
Jan 2006	169	485	60.59	8.93	$14,572
Dec 2005	0	701	54.94	13.42	$9,404
Nov 2005	171	934	54.69	10.59	$19,242
Oct 2005	168	1,038	58.34	13.80	$24,121
Sep 2005	172	770	61.45	12.08	$19,870
Aug 2005	167	903	61.51	9.80	$19,119
Jul 2005	168	1,102	55.69	7.84	$18,000
Jun 2005	172	1,159	52.33	7.38	$17,555
May 2005	356	1,167	45.22	6.65	$23,860
Apr 2005	0	469	49.20	7.36	$3,452
Mar 2005	1	1,984	50.37	7.15	$14,246
Feb 2005	175	155	45.22	6.31	$8,892
Jan 2005	172	1,951	43.16	6.32	$19,758
Dec 2004	1	2,086	39.86	6.75	$14,123
Nov 2004	170	493	45.28	6.33	$10,819
Oct 2004	168	1,546	49.70	6.52	$18,422
Sep 2004	173	1,432	43.24	5.28	$15,047
Aug 2004	3	2,044	42.37	5.55	$11,473
Jul 2004	0	1,581	38.28	6.08	$9,619
Jun 2004	169	425	36.10	6.43	$8,835
May 2004	169	975	37.48	6.49	$12,666
Apr 2004	332	744	34.47	5.86	$15,803
Mar 2004	177	940	34.36	5.53	$11,280
Feb 2004	0	809	32.45	5.51	$4,457
Jan 2004	354	955	32.03	6.30	$17,355
Dec 2003	1	963	30.26	6.30	$6,099
Nov 2003	0	786	28.80	4.60	$3,612
Oct 2003	176	916	28.17	4.76	$9,318
Sep 2003	0	534	26.31	4.75	$2,536
Aug 2003	172	1,985	29.76	5.13	$15,301
Jul 2003	174	1,448	29.41	5.17	$12,605
Jun 2003	178	1,666	28.56	5.98	$15,051
May 2003	177	1,312	26.59	5.97	$12,543
Apr 2003	0	1,282	26.67	5.41	$6,932
Mar 2003	350	1,555	31.14	6.10	$20,378
Feb 2003	1	1,483	33.48	7.93	$11,788
Jan 2003	274	1,797	30.31	5.58	$18,336
Dec 2002	179	1,687	26.91	4.85	$13,005
Nov 2002	169	1,212	24.66	4.14	$9,182
Oct 2002	1	1,543	26.46	4.23	$6,552
Sep 2002	156	1,792	27.44	3.64	$10,795
Aug 2002	181	2,087	25.96	3.16	$11,302
Jul 2002	349	2,250	24.58	3.06	$15,467
Jun 2002	180	2,012	23.73	3.34	$10,988
May 2002	0	2,128	24.66	3.58	$7,627
Apr 2002	168	2,122	23.65	3.51	$11,426
Mar 2002	174	1,731	22.00	3.10	$9,199
Feb 2002	340	2,539	18.22	2.38	$12,227
Jan 2002	171	2,280	17.17	2.38	$8,353
Dec 2001	0	3,478	16.93	2.36	$8,223
Nov 2001	347	5,134	18.07	2.41	$18,620
Oct 2001	341	4,926	19.78	2.53	$19,202
Sep 2001	172	1,109	24.26	2.25	$6,669
Aug 2001	165	1,983	24.87	3.05	$10,158
Jul 2001	339	3,728	23.93	3.20	$20,031
Jun 2001	352	5,109	24.56	3.82	$28,183
May 2001	353	1,164	25.52	4.31	$14,022
Apr 2001	352	6,179	24.68	5.34	$41,654
Mar 2001	361	7,526	24.54	5.38	$49,322
Feb 2001	554	20,300	27.75	5.77	$132,445

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.

Jun 2015 — as filed, then multipliedworked

Oil                    0 bbl  × $ 56.15 =         $0
Casinghead gas       117 Mcf  × $  2.88 =       $337

────────────────────────────────────────────────────
Month total                                     $337

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/14078 is the state's own key, not one this site invented.