REED TRUST 55-1-46

Operated by ANADARKO E&P ONSHORE LLC (P-5 20528) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 290565District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$28.6 M
Jan 2015 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
137
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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2017-08-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: FOR THE FOLLOWING API 389-37515.

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
CondensateDisposition447,481 bbl$24,503,264
GasProduction1,294,507 Mcf$4,058,773
Total$28,562,037

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 31.8845, -103.7383. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.88454, -103.73827 · 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
11,324 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 11,324 ft.

Completions filed
Jan 2015
1 of 1 wells

1 well

42-301322711H11,324 ftJan 2015

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 (137)

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

137 months

May 20261,0535,432106.413.05$128,595
Apr 20269594,16898.932.87$106,835
Mar 20266695,75189.753.15$78,155
Feb 20266912,27463.503.75$52,407
Jan 20269804,68059.138.00$95,378
Dec 20251,1724,72856.664.41$87,272
Nov 20251,0553,69058.593.93$76,301
Oct 20259871,42159.383.30$63,304
Sep 20251,1483,98062.743.08$84,272
Aug 20251,1374,54263.933.01$86,381
Jul 20251,0873,64166.743.32$84,617
Jun 20258902,38966.483.13$66,642
May 20259406,67360.553.23$78,486
Apr 20259994,02962.363.54$76,573
Mar 20259602,23667.704.27$74,536
Feb 20251,0452,62870.884.34$85,477
Jan 20251,21657174.324.28$92,816
Dec 20241,2072,07668.993.12$89,751
Nov 20241,3502,06169.052.20$97,748
Oct 20241,1762,34871.372.28$89,288
Sep 20241,0173,10169.612.36$78,125
Aug 20249213,36175.632.06$76,591
Jul 20241,0373,20279.932.15$89,761
Jun 20241,1022,29178.082.63$92,079
May 20245792,95578.812.20$52,127
Apr 20241,2602,25884.451.66$110,153
Mar 20247133,15080.301.55$62,121
Feb 20243763,67776.091.78$35,168
Jan 20245136,11773.023.30$57,631
Dec 202373942871.262.61$53,779
Nov 20231,02577977.892.81$82,024
Oct 20231,5751,13685.443.09$138,075
Sep 20231,1721,39789.042.74$108,176
Aug 20236961,09480.522.67$58,966
Jul 202338465074.852.64$30,460
Jun 20238051,72068.962.26$59,397
May 20231,7922,20470.622.23$131,460
Apr 20233,2627,89478.122.24$272,492
Mar 20232,9775,86172.852.39$230,901
Feb 20232,0783,15075.112.47$163,845
Jan 20232,8348,11076.533.39$244,360
Dec 20222,8276,21676.415.73$251,623
Nov 20223,3328,19285.005.65$329,474
Oct 20222,5357,83387.185.86$266,932
Sep 20222,8897,87384.888.16$309,491
Aug 20223,5458,25794.529.13$410,436
Jul 20223,3769,083101.587.54$411,439
Jun 20223,7848,141115.097.98$500,443
May 20223,0278,166109.378.43$399,927
Apr 20222,9308,223104.226.84$361,590
Mar 20223,3477,642108.885.08$403,215
Feb 20222,3696,73491.054.86$248,417
Jan 20223,4508,33281.844.54$320,156
Dec 20213,1538,07771.323.90$256,365
Nov 20213,4047,84377.435.24$304,644
Oct 20213,7518,81179.795.71$349,637
Sep 20213,2328,43769.865.35$270,933
Aug 20211,0518,03566.024.22$103,299
Jul 20212,3749,41670.783.98$205,527
Jun 20213,09410,77569.493.38$251,428
May 20212,3478,20363.483.02$173,742
Apr 20212,3078,06660.362.76$161,500
Mar 20212,1978,17861.302.72$156,895
Feb 20211,5655,74557.805.55$122,330
Jan 20212,3838,42450.412.81$143,801
Dec 20202,4448,42744.642.68$131,646
Nov 20202,2697,68438.772.71$108,766
Oct 20202,2437,22636.972.48$100,833
Sep 20202,0927,15137.091.99$91,830
Aug 20202,6378,27739.982.39$125,169
Jul 20202,4218,21038.371.83$107,878
Jun 20202,4497,98034.901.69$98,959
May 20202,7178,45616.921.81$61,317
Apr 20202,7388,01314.751.80$54,844
Mar 20202,8257,97330.341.86$100,510
Feb 20202,6297,66949.881.98$146,324
Jan 20202,6078,60557.252.09$167,276
Dec 20192,9108,65059.012.30$191,652
Nov 20192,7188,14355.302.75$172,704
Oct 20193,4799,06953.472.42$207,956
Sep 20192,9708,26255.052.66$185,453
Aug 20193,0437,49953.112.30$178,894
Jul 20193,3327,87956.272.46$206,874
Jun 20192,4016,70152.782.49$143,418
May 20192,9648,01758.482.74$195,304
Apr 20192,8966,66262.632.75$199,702
Mar 20192,81913956.803.06$160,545
Feb 20192,3611,25550.852.79$123,561
Jan 20191,8464,29246.033.23$98,827
Dec 20183,0157,56946.594.19$172,148
Nov 20183,3616,18352.934.24$204,097
Oct 20183,14319,60361.443.40$259,718
Sep 20182,9188,17759.543.11$199,152
Aug 20183,2539,36159.403.07$221,934
Jul 20183,2148,63965.142.93$234,688
Jun 20182,9038,23960.183.08$200,053
May 20183,0068,46865.382.90$221,096
Apr 20183,1648,34363.842.90$226,191
Mar 20183,0408,00761.222.79$208,423
Feb 20182,7826,56761.782.77$190,037
Jan 20183,1787,66462.874.01$230,528
Dec 20173,40618,35957.272.92$248,698
Nov 20173,4788,30955.423.12$218,661
Oct 20173,7879,57749.292.98$215,236
Sep 20173,64910,23947.523.09$205,011
Aug 20173,61711,27945.373.00$197,990
Jul 20173,88311,39643.873.09$205,530
Jun 20173,98011,83842.493.09$205,657
May 20172,8819,60745.373.26$162,062
Apr 20171,8455,23947.933.21$105,256
Mar 20173,95710,86146.772.98$217,475
Feb 20174,16911,17750.452.95$243,327
Jan 20173,66810,70549.413.42$217,834
Dec 20162,5448,54648.763.72$155,861
Nov 20163,5998,80942.492.64$176,216
Oct 20165,47120,31146.193.09$315,472
Sep 20163,57714,06641.553.10$192,238
Aug 20162,09714,49841.442.92$129,297
Jul 20167,37116,73041.622.92$355,705
Jun 20166,77316,82845.352.69$352,353
May 20165,53318,59342.521.99$272,283
Apr 20166,17719,98436.561.99$265,620
Mar 20166,89720,98033.011.79$265,308
Feb 201610,64419,03726.472.06$321,032
Jan 20169,78122,82027.352.36$321,465
Dec 20158,69125,86532.362.00$333,007
Nov 20159,45237,16438.792.17$447,190
Oct 201510,21233,70843.552.43$526,528
Sep 201512,22736,24142.992.76$625,607
Aug 201512,60538,54240.162.87$616,928
Jul 201514,80442,44448.152.95$837,814
Jun 201516,77944,19856.152.88$1,069,558
May 201512,35334,27555.212.96$783,307
Apr 201515,95749,72349.822.71$929,557
Mar 20150042.892.93$0
Feb 2015100044.662.98$4,466
Jan 20154,88314,94543.433.10$258,408

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
Condensate         1,053 bbl  × $106.41 =   $112,050
Gas                5,432 Mcf  × $  3.05 =    $16,545

────────────────────────────────────────────────────
Month total                                 $128,595

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. 08/G/290565 is the state's own key, not one this site invented.