REEVES -Y- FEE

Operated by RING ENERGY, INC. (P-5 712382) in the SCREWBEAN, NE. (DELAWARE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17275District 08Field 81821333NGPA filingOilCasinghead gasSaveExport
Value, all time
$139 k
Jan 1993 – Oct 2023
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
370
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 13 leases and 45 wells, and the rule below applies to all of them.

Discovered
1961-03-16
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: FIRST ALLOWABLE WAS IN SCREWBEAN /DELAWARE/ FIELD 1-4-61

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
OilDisposition2,398 bbl$123,912
Casinghead gasProduction4,477 Mcf$14,945
Total$138,857

1,007 Mcf of this lease's gas, across 29 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 (3)

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 31.8565, -104.0302. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.85696, -104.03088 · 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%
3 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
2,725 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
3100.0%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
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 2,725 ft.

Plug dates filed
Dec 2017
1 of 3 wells; 2 filed none

3 wells

42-3890092512,725 ftDec 2017Yes
42-389100283Yes
42-389100592Yes

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 (370)

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

370 months

Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202331074.852.64$2,320
Jun 20230068.962.26$0
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 201747042.493.09$1,997
May 20170045.373.26$0
Apr 201731047.933.21$1,486
Mar 20170046.772.98$0
Feb 201729050.452.95$1,463
Jan 201729049.413.42$1,433
Dec 201628048.763.72$1,365
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 20150032.362.00$0
Nov 201556038.792.17$2,172
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201514056.152.88$786
May 201518055.212.96$994
Apr 20150049.822.71$0
Mar 201519042.892.93$815
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20149054.693.59$492
Nov 20148070.464.25$564
Oct 201419078.303.90$1,488
Sep 20140086.164.05$0
Aug 20149089.394.04$805
Jul 20149096.564.18$869
Jun 20149098.164.74$883
May 20140094.734.73$0
Apr 20149095.944.81$863
Mar 20140095.895.06$0
Feb 20149097.406.19$877
Jan 20140090.404.86$0
Dec 20139091.824.35$826
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201380104.253.52$834
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 201319094.834.15$1,802
Apr 20139093.964.28$846
Mar 20139093.623.91$843
Feb 20139091.233.42$821
Jan 20130091.603.42$0
Dec 20129086.773.42$781
Nov 20120086.953.62$0
Oct 20128089.383.40$715
Sep 201218094.672.92$1,704
Aug 20129092.662.91$834
Jul 201217085.133.02$1,447
Jun 20120079.822.52$0
May 201216091.612.49$1,466
Apr 201290101.652.00$915
Mar 2012913105.052.22$974
Feb 20121922101.102.57$1,977
Jan 201291998.092.73$935
Dec 2011181796.873.24$1,799
Nov 201192095.723.31$928
Oct 201192284.983.65$845
Sep 2011172483.623.99$1,517
Aug 201182883.404.15$783
Jul 2011182894.144.52$1,821
Jun 2011172392.904.64$1,686
May 201117098.134.40$1,668
Apr 201190105.964.33$954
Mar 20119096.364.06$867
Feb 20119085.644.18$771
Jan 201116086.504.59$1,384
Dec 20108085.734.35$686
Nov 201017080.843.80$1,374
Oct 2010162978.103.51$1,351
Sep 201082772.633.98$688
Aug 2010172773.684.42$1,372
Jul 201083272.554.74$732
Jun 2010192970.364.91$1,479
May 201081371.124.24$624
Apr 201091781.694.12$805
Mar 2010171678.394.39$1,403
Feb 201081673.585.44$676
Jan 2010161574.365.96$1,279
Dec 2009161671.445.48$1,231
Nov 2009171274.593.75$1,313
Oct 200981072.544.11$621
Sep 2009161165.543.06$1,082
Aug 2009171267.423.22$1,185
Jul 2009181361.133.46$1,145
Jun 2009171266.163.90$1,171
May 200981354.743.93$489
Apr 2009171346.773.59$842
Mar 2009171642.144.06$781
Feb 200992132.814.63$393
Jan 2009262735.865.37$1,077
Dec 200872637.105.98$415
Nov 2008172255.496.86$1,094
Oct 2008181775.246.92$1,472
Sep 20081826101.767.88$2,036
Aug 2008626114.228.48$906
Jul 20081012131.0811.39$1,447
Jun 2008612131.3313.03$944
May 2008610123.1711.57$855
Apr 2008713110.3110.45$908
Mar 2008712101.909.66$829
Feb 20087892.538.77$718
Jan 20086990.388.21$616
Dec 20077988.337.30$684
Nov 200771891.677.29$773
Oct 200761782.856.92$615
Sep 200761075.846.24$517
Aug 200761369.066.39$497
Jul 200761070.906.39$489
Jun 200772062.007.55$585
May 200771358.747.85$513
Apr 200761459.617.81$467
Mar 200761056.927.30$415
Feb 20077755.108.22$443
Jan 200761050.306.73$369
Dec 20068756.656.92$502
Nov 200641454.207.62$323
Oct 200671154.906.01$450
Sep 200671960.085.04$516
Aug 200671668.717.34$598
Jul 200671069.376.34$549
Jun 200691166.286.38$667
May 20067866.016.42$513
Apr 200671764.397.36$576
Mar 200682456.707.08$624
Feb 20067657.597.75$450
Jan 2006101260.598.93$713
Dec 200581054.9413.42$574
Nov 2005111054.6910.59$707
Oct 200571158.3413.80$560
Sep 20057861.4512.08$527
Aug 200521061.519.80$221
Jul 200521055.697.84$190
Jun 200571552.337.38$477
May 200571545.226.65$416
Apr 200572849.207.36$550
Mar 20058750.377.15$453
Feb 20057945.226.31$373
Jan 200562143.166.32$392
Dec 200461039.866.75$307
Nov 200461245.286.33$348
Oct 200463849.706.52$546
Sep 200462443.245.28$386
Aug 20043742.375.55$166
Jul 20047938.286.08$323
Jun 200461036.106.43$281
May 200471337.486.49$347
Apr 20047634.475.86$276
Mar 20047634.365.53$274
Feb 200481432.455.51$337
Jan 200471032.036.30$287
Dec 200372030.266.30$338
Nov 200371228.804.60$257
Oct 200381328.174.76$287
Sep 200373626.314.75$355
Aug 200371429.765.13$280
Jul 20037729.415.17$242
Jun 200371028.565.98$260
May 20037926.595.97$240
Apr 200371026.675.41$241
Mar 200371631.146.10$316
Feb 20038733.487.93$323
Jan 20038930.315.58$293
Dec 200272026.914.85$285
Nov 200271524.664.14$235
Oct 20028926.464.23$250
Sep 20025827.443.64$166
Aug 200261025.963.16$187
Jul 2002111624.583.06$319
Jun 20026923.733.34$172
May 2002122424.663.58$382
Apr 200261723.653.51$202
Mar 200210722.003.10$242
Feb 200282418.222.38$203
Jan 20028917.172.38$159
Dec 2001101016.932.36$193
Nov 2001101018.072.41$205
Oct 200191019.782.53$203
Sep 2001101024.262.25$265
Aug 2001101124.873.05$282
Jul 200101023.933.20$32
Jun 20016624.563.82$170
May 20015825.524.31$162
Apr 20015524.685.34$150
Mar 200182924.545.38$352
Feb 200151627.755.77$231
Jan 200182427.478.40$421
Dec 200042426.889.12$326
Nov 2000101032.215.66$379
Oct 2000101031.235.15$364
Sep 200033831.875.19$1,093
Aug 2000122429.644.54$465
Jul 2000103028.534.09$408
Jun 2000101729.304.40$368
May 2000102327.263.68$357
Apr 200093824.513.12$339
Mar 2000113028.422.86$398
Feb 200072527.622.73$262
Jan 2000211625.272.48$570
Dec 1999126024.282.42$437
Nov 1999138323.192.43$503
Oct 1999343520.982.80$811
Sep 19991613921.752.62$712
Aug 199985919.262.88$324
Jul 199965617.892.37$240
Jun 1999309815.942.36$710
May 199902115.792.32$49
Apr 199902415.102.21$53
Mar 199933012.471.84$93
Feb 1999699.981.82$76
Jan 1999109610.381.90$286
Dec 19980379.201.77$66
Nov 199801010.892.19$22
Oct 19983512.421.97$47
Sep 19980712.592.08$15
Aug 199802511.301.91$48
Jul 199865011.742.24$182
Jun 199807611.242.24$170
May 199878212.622.21$269
Apr 199803013.042.51$75
Mar 199851812.802.31$106
Feb 199832013.952.30$88
Jan 19985914.702.15$93
Dec 1997112516.322.41$240
Nov 199791818.193.09$219
Oct 199752019.253.15$159
Sep 199710717.742.95$198
Aug 1997104317.862.55$288
Jul 1997103017.582.25$243
Jun 19970917.242.26$20
May 1997101018.972.31$213
Apr 1997101817.882.08$216
Mar 1997101718.951.94$222
Feb 1997102220.492.21$253
Jan 1997251223.483.54$629
Dec 1996102223.32$233
Nov 1996107421.97$220
Oct 1996171023.31$396
Sep 199601022.22$0
Aug 199651020.26$101
Jul 1996101019.55$196
Jun 199601418.73$0
May 199602419.43$0
Apr 1996107021.51$215
Mar 199605319.38$0
Feb 1996129516.98$204
Jan 199608317.07$0
Dec 1995294417.19$499
Nov 199502816.00$0
Oct 1995176215.43$262
Sep 199502316.18$0
Aug 1995501915.92$796
Jul 199501115.24$0
Jun 199561016.41$98
May 199534017.56$53
Apr 199543517.73$71
Mar 199503516.44$0
Feb 1995177016.58$282
Jan 199506215.92$0
Dec 199402515.03$0
Nov 199406515.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940117.56$0
Jun 19940117.09$0
May 19940115.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Jul 2023 — as filed, then multipliedworked
Oil                   31 bbl  × $ 74.85 =     $2,320
Casinghead gas         0 Mcf  × $  2.64 =         $0

────────────────────────────────────────────────────
Month total                                   $2,320

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/O/17275 is the state's own key, not one this site invented.