REED -B-

Operated by WINN OPERATING, LLC (P-5 100109) in the CREDO (WOLFCAMP, LOWER -B-) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18453District 08Field 21597500OilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
401
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 12 leases and 18 wells, and the rule below applies to all of them.

Discovered
1962-08-01
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: 80 OPTION - 3250 DIAG

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
OilDisposition17,808 bbl$714,280
Casinghead gasProduction125,483 Mcf$449,951
Total$1,164,231

28,688 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 (2)

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 31.9233, -101.2323. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.92327, -101.23231 · 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
50.0%
1 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,545 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
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.
150.0%

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

Between 7,540 and 7,550 ft, median 7,545 ft, over the 2 wells that filed a depth.

Completions filed
Mar 1964 – Jun 1969
2 of 2 wells

2 wells

42-4311006827,550 ftJun 1969Yes
42-431100671 L7,540 ftMar 1964

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025174066.483.13$11,568
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 2024183075.632.06$13,840
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023177075.112.47$13,294
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 20221600108.885.08$17,421
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 2020168038.772.71$6,513
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 20201049.881.98$50
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019152055.052.66$8,368
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 2019153050.852.79$7,780
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 2018187059.403.07$11,108
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 2018169062.874.01$10,625
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 2017165042.493.09$7,011
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 2016164048.763.72$7,997
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 201601141.553.10$34
Aug 20160041.442.92$0
Jul 2016169041.622.92$7,034
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 2016013827.352.36$326
Dec 2015029532.362.00$590
Nov 201516133138.792.17$6,963
Oct 2015036743.552.43$891
Sep 2015034142.992.76$941
Aug 2015036740.162.87$1,054
Jul 2015037048.152.95$1,090
Jun 2015033156.152.88$954
May 201516633755.212.96$10,161
Apr 2015034549.822.71$934
Mar 2015016942.892.93$496
Feb 2015018844.662.98$560
Jan 2015032643.433.10$1,011
Dec 201417040754.693.59$10,759
Nov 20140070.464.25$0
Oct 2014014378.303.90$558
Sep 2014033686.164.05$1,359
Aug 2014037889.394.04$1,525
Jul 2014032996.564.18$1,375
Jun 201416931698.164.74$18,086
May 2014033894.734.73$1,598
Apr 2014034195.944.81$1,640
Mar 201416939195.895.06$18,183
Feb 2014035197.406.19$2,173
Jan 2014038290.404.86$1,857
Dec 2013030991.824.35$1,346
Nov 2013021988.853.74$819
Oct 2013026297.423.78$990
Sep 20130283104.113.72$1,052
Aug 2013168352104.253.52$18,754
Jul 20130380102.523.72$1,413
Jun 2013032194.403.93$1,263
May 2013038794.834.15$1,606
Apr 201317036093.964.28$17,515
Mar 2013031293.623.91$1,221
Feb 2013032791.233.42$1,118
Jan 2013034091.603.42$1,163
Dec 201216834086.773.42$15,740
Nov 2012030586.953.62$1,106
Oct 2012033989.383.40$1,152
Sep 2012034894.672.92$1,016
Aug 201216732892.662.91$16,428
Jul 2012033585.133.02$1,012
Jun 2012035679.822.52$897
May 2012041091.612.49$1,020
Apr 20120419101.652.00$837
Mar 2012166446105.052.22$18,429
Feb 20120427101.102.57$1,097
Jan 2012039298.092.73$1,072
Dec 2011043196.873.24$1,396
Nov 201117032795.723.31$17,355
Oct 2011034584.983.65$1,259
Sep 2011011883.623.99$470
Aug 2011020283.404.15$838
Jul 2011021094.144.52$949
Jun 2011026992.904.64$1,248
May 2011032498.134.40$1,427
Apr 20110164105.964.33$711
Mar 201117044196.364.06$18,170
Feb 2011038785.644.18$1,618
Jan 2011043086.504.59$1,973
Dec 2010043585.734.35$1,891
Nov 2010043680.843.80$1,655
Oct 201017044278.103.51$14,828
Sep 2010044272.633.98$1,759
Aug 2010042873.684.42$1,891
Jul 201016231472.554.74$13,240
Jun 201005470.364.91$265
May 2010022171.124.24$936
Apr 2010026681.694.12$1,097
Mar 2010042978.394.39$1,883
Feb 201017141773.585.44$14,852
Jan 2010033474.365.96$1,992
Dec 2009025971.445.48$1,420
Nov 2009027874.593.75$1,043
Oct 2009034072.544.11$1,397
Sep 2009033765.543.06$1,033
Aug 2009037667.423.22$1,210
Jul 200916845061.133.46$11,829
Jun 2009042366.163.90$1,648
May 2009050754.743.93$1,990
Apr 2009045546.773.59$1,632
Mar 200916849042.144.06$9,068
Feb 2009046232.814.63$2,140
Jan 2009048335.865.37$2,594
Dec 200816635337.105.98$8,269
Nov 2008047755.496.86$3,272
Oct 2008049075.246.92$3,392
Sep 20080306101.767.88$2,410
Aug 2008169510114.228.48$23,630
Jul 20080488131.0811.39$5,558
Jun 20080510131.3313.03$6,647
May 20080520123.1711.57$6,019
Apr 2008168488110.3110.45$23,634
Mar 20080525101.909.66$5,074
Feb 2008047592.538.77$4,166
Jan 2008043890.388.21$3,594
Dec 2007043288.337.30$3,154
Nov 200716830791.677.29$17,639
Oct 2007028182.856.92$1,945
Sep 2007039175.846.24$2,441
Aug 200717041369.066.39$14,378
Jul 2007045870.906.39$2,926
Jun 2007047362.007.55$3,570
May 2007048858.747.85$3,829
Apr 200717323659.617.81$12,155
Mar 2007022756.927.30$1,658
Feb 2007044155.108.22$3,623
Jan 200717349050.306.73$11,998
Dec 2006048156.656.92$3,328
Nov 2006021454.207.62$1,630
Oct 200617026954.906.01$10,951
Sep 2006043760.085.04$2,201
Aug 2006042068.717.34$3,083
Jul 2006042069.376.34$2,664
Jun 2006049166.286.38$3,134
May 200617251866.016.42$14,682
Apr 2006049264.397.36$3,621
Mar 2006045056.707.08$3,187
Feb 2006041657.597.75$3,224
Jan 2006046460.598.93$4,145
Dec 200516946054.9413.42$15,456
Nov 2005044554.6910.59$4,712
Oct 2005047258.3413.80$6,512
Sep 200517140861.4512.08$15,436
Aug 2005048161.519.80$4,712
Jul 2005049455.697.84$3,875
Jun 200516648752.337.38$12,281
May 2005048445.226.65$3,219
Apr 2005041949.207.36$3,084
Mar 200517741550.377.15$11,885
Feb 2005037145.226.31$2,342
Jan 2005048643.166.32$3,073
Dec 2004147039.866.75$3,213
Nov 200417345745.286.33$10,726
Oct 2004048649.706.52$3,166
Sep 2004047643.245.28$2,515
Aug 2004048842.375.55$2,709
Jul 200416950038.286.08$9,511
Jun 2004051736.106.43$3,326
May 2004051537.486.49$3,345
Apr 200416948834.475.86$8,684
Mar 2004050734.365.53$2,804
Feb 2004047632.455.51$2,623
Jan 200417451232.036.30$8,799
Dec 2003050430.266.30$3,176
Nov 2003048528.804.60$2,229
Oct 200314752628.174.76$6,645
Sep 2003050726.314.75$2,408
Aug 2003052429.765.13$2,688
Jul 200313152329.415.17$6,557
Jun 2003049528.565.98$2,962
May 2003051826.595.97$3,094
Apr 200316151326.675.41$7,068
Mar 2003051931.146.10$3,164
Feb 2003047833.487.93$3,789
Jan 200313954130.315.58$7,233
Dec 2002053126.914.85$2,577
Nov 20022253024.664.14$2,735
Oct 200216154226.464.23$6,552
Sep 2002055027.443.64$1,999
Aug 200217255525.963.16$6,221
Jul 2002059624.583.06$1,825
Jun 2002059723.733.34$1,993
May 200216856624.663.58$6,171
Apr 2002055623.653.51$1,953
Mar 200217258322.003.10$5,593
Feb 2002051818.222.38$1,231
Jan 2002057817.172.38$1,373
Dec 200118254816.932.36$4,377
Nov 2001053818.072.41$1,294
Oct 200116853619.782.53$4,679
Sep 2001040324.262.25$907
Aug 2001039624.873.05$1,209
Jul 2001051223.933.20$1,637
Jun 200117555624.563.82$6,424
May 2001057025.524.31$2,455
Apr 200114950924.685.34$6,393
Mar 2001047924.545.38$2,575
Feb 200112427727.755.77$5,038
Jan 20010127.478.40$8
Dec 200005726.889.12$520
Nov 200017826732.215.66$7,244
Oct 2000025531.235.15$1,312
Sep 2000046631.875.19$2,417
Aug 200014125029.644.54$5,314
Jul 2000026928.534.09$1,100
Jun 200017419029.304.40$5,934
May 2000026627.263.68$979
Apr 2000026124.513.12$813
Mar 200017920828.422.86$5,682
Feb 2000031427.622.73$856
Jan 2000041925.272.48$1,039
Dec 199913050324.282.42$4,376
Nov 1999052123.192.43$1,268
Oct 19998755420.982.80$3,379
Sep 199913253021.752.62$4,259
Aug 199911244519.262.88$3,437
Jul 199916053917.892.37$4,141
Jun 1999254615.942.36$1,322
May 1999439815.792.32$987
Apr 1999250615.102.21$1,147
Mar 199916852012.471.84$3,051
Feb 199944879.981.82$925
Jan 199916648710.381.90$2,648
Dec 19981684009.201.77$2,255
Nov 1998252410.892.19$1,167
Oct 199817154512.421.97$3,197
Sep 1998150712.592.08$1,068
Aug 199817155311.301.91$2,987
Jul 1998053111.742.24$1,188
Jun 199817162711.242.24$3,325
May 199811,30112.622.21$2,883
Apr 1998357213.042.51$1,472
Mar 199835549812.802.31$5,694
Feb 1998048113.952.30$1,106
Jan 1998056214.702.15$1,211
Dec 1997154816.322.41$1,338
Nov 199769354218.193.09$14,280
Oct 1997059619.253.15$1,877
Sep 1997159817.742.95$1,785
Aug 1997170317.862.55$1,814
Jul 1997158817.582.25$1,339
Jun 1997157517.242.26$1,315
May 1997058818.972.31$1,357
Apr 1997158617.882.08$1,238
Mar 1997160118.951.94$1,184
Feb 199779252920.492.21$17,395
Jan 1997156823.483.54$2,034
Dec 1996158223.32$23
Nov 1996157121.97$22
Oct 1996063523.31$0
Sep 1996061222.22$0
Aug 1996154720.26$20
Jul 1996054019.55$0
Jun 1996054918.73$0
May 199658261619.43$11,308
Apr 1996157421.51$22
Mar 1996057119.38$0
Feb 1996056716.98$0
Jan 1996055217.07$0
Dec 1995045117.19$0
Nov 1995059616.00$0
Oct 1995040015.43$0
Sep 1995053116.18$0
Aug 199565158215.92$10,364
Jul 1995063615.24$0
Jun 1995062316.41$0
May 1995563717.56$88
Apr 1995063617.73$0
Mar 1995062216.44$0
Feb 1995058116.58$0
Jan 1995063915.92$0
Dec 1994061815.03$0
Nov 1994061415.90$0
Oct 199449658415.58$7,728
Sep 1994060215.29$0
Aug 1994062516.13$0
Jul 1994064717.56$0
Jun 1994158917.09$17
May 199438760715.88$6,146
Apr 1994165314.14$14
Mar 1994065612.46$0
Feb 1994058512.50$0
Jan 199446064212.66$5,824
Dec 1993064412.33$0
Nov 1993054914.49$0
Oct 1993062115.85$0
Sep 199339361615.03$5,907
Aug 1993157215.66$16
Jul 1993165615.46$15
Jun 1993164016.79$17
May 1993166217.68$18
Apr 199329859518.05$5,379
Mar 1993064518.14$0
Feb 199350758517.90$9,075
Jan 1993063116.93$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.

Jun 2025 — as filed, then multipliedworked
Oil                  174 bbl  × $ 66.48 =    $11,568
Casinghead gas         0 Mcf  × $  3.13 =         $0

────────────────────────────────────────────────────
Month total                                  $11,568

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/18453 is the state's own key, not one this site invented.