REED -B-

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the HOWARD-GLASSCOCK (GLORIETA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19017District 08Field 42971332Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.6 M
Jan 1993 – Apr 2012
Value, last 12 filed months
$155 k
at the published price for each month
Months reported
232
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 131 leases and 850 wells, and the rule below applies to all of them.

Discovered
1925-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres.

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: 11/22/11.

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
OilDisposition85,459 bbl$2,522,277
Casinghead gasProduction16,873 Mcf$34,086
Total$2,556,363

8,827 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 (11)

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 32.0917, -101.2650. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles. 1 well has no surveyed location and is left out of it.

32.09169, -101.26458 · centre of 10 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%
11 of 11 wells
With a plug date
63.6%
7 of 11 wells
Median depth
3,251 ft
11 wells filed one
Completion to plug
21.3 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
11100.0%
A plug date is filed
763.6%
BothOn the schedule and plugged. Neither fact cancels the other.
763.6%
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

Total depth in feet, 11 of 11 wells. Median 3,251 ft, with the middle half between 3,094 and 3,260 ft; the shallowest is 2,886 ft and the deepest 3,295 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 9 of 11 wells, Jan 1973 – Mar 2013. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 1973 – Mar 2013
9 of 11 wells; 2 filed none
Plug dates filed
Jun 1995 – Aug 2005
7 of 11 wells; 4 filed none

Last completion to plug: a median of 21.3 years across the 5 wells that filed both dates, with the middle half between 5.1 years and 22.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

11 wells

42-2270286413,028 ftMay 1996Yes
42-2270287743,160 ftAug 2005Yes
42-22734557153,260 ftMar 2013Yes
42-22734621163,260 ftOct 2011Yes
42-22710925133,295 ftMar 2011Yes
42-22734620183,260 ftMay 1991May 1996Yes
42-22734624173,260 ftApr 1991May 1996Yes
42-2270288773,165 ftJun 1989Yes
42-2270287332,982 ftFeb 1974Jun 1995Yes
42-22730455143,251 ftJun 1973May 1996Yes
42-2270286822,886 ftJan 1973May 1996Yes

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 (232)

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

232 months

Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011459795.723.31$43,959
Oct 2011168384.983.65$14,288
Sep 20112001783.623.99$16,792
Aug 20111891183.404.15$15,808
Jul 20112293394.144.52$21,707
Jun 20112331892.904.64$21,729
May 20112111098.134.40$20,749
Apr 201119115105.964.33$20,303
Mar 20111592596.364.06$15,423
Feb 2011116285.644.18$9,943
Jan 2011108086.504.59$9,342
Dec 2010142685.734.35$12,200
Nov 20101421280.843.80$11,525
Oct 2010158978.103.51$12,371
Sep 20101602072.633.98$11,700
Aug 2010149073.684.42$10,978
Jul 2010137072.554.74$9,939
Jun 2010136070.364.91$9,569
May 2010160071.124.24$11,379
Apr 2010168081.694.12$13,724
Mar 20101741578.394.39$13,706
Feb 20101741773.585.44$12,895
Jan 20101641974.365.96$12,308
Dec 2009871771.445.48$6,309
Nov 20091781874.593.75$13,345
Oct 20092072672.544.11$15,123
Sep 20091722965.543.06$11,362
Aug 200912067.423.22$809
Jul 2009851261.133.46$5,238
Jun 20092193766.163.90$14,633
May 20092234854.743.93$12,395
Apr 20092237446.773.59$10,695
Mar 20092236842.144.06$9,673
Feb 20091812032.814.63$6,031
Jan 20092053435.865.37$7,534
Dec 20082252437.105.98$8,491
Nov 2008229655.496.86$12,748
Oct 2008233275.246.92$17,545
Sep 20081630101.767.88$16,587
Aug 20081500114.228.48$17,133
Jul 20081511131.0811.39$19,804
Jun 2008820131.3313.03$10,769
May 20081320123.1711.57$16,258
Apr 20081270110.3110.45$14,009
Mar 200814620101.909.66$15,071
Feb 20081004992.538.77$9,683
Jan 2008836790.388.21$8,051
Dec 200754088.337.30$4,770
Nov 200783091.677.29$7,609
Oct 2007117082.856.92$9,693
Sep 2007110075.846.24$8,342
Aug 2007114069.066.39$7,873
Jul 2007116070.906.39$8,224
Jun 2007114062.007.55$7,068
May 2007110058.747.85$6,461
Apr 2007105059.617.81$6,259
Mar 20071017456.927.30$6,289
Feb 2007673955.108.22$4,012
Jan 2007772750.306.73$4,055
Dec 2006713756.656.92$4,278
Nov 2006714354.207.62$4,176
Oct 20061044554.906.01$5,980
Sep 20062473760.085.04$15,026
Aug 200654010268.717.34$37,852
Jul 20065114169.376.34$35,708
Jun 20064735866.286.38$31,721
May 20064286266.016.42$28,651
Apr 20064123564.397.36$26,786
Mar 20064816156.707.08$27,705
Feb 20064406157.597.75$25,812
Jan 20063945760.598.93$24,382
Dec 20053714254.9413.42$20,946
Nov 20053014954.6910.59$16,981
Oct 20053414658.3413.80$20,529
Sep 20053754261.4512.08$23,551
Aug 2005292061.519.80$17,961
Jul 20054096755.697.84$23,303
Jun 20053537252.337.38$19,004
May 20054187145.226.65$19,374
Apr 20054196549.207.36$21,093
Mar 20053716250.377.15$19,131
Feb 20053515545.226.31$16,219
Jan 20053153943.166.32$13,842
Dec 20043095839.866.75$12,708
Nov 20043116145.286.33$14,468
Oct 20042815649.706.52$14,331
Sep 20041266643.245.28$5,797
Aug 20042936142.375.55$12,753
Jul 20043776538.286.08$14,827
Jun 20043255536.106.43$12,086
May 20043077737.486.49$12,006
Apr 20043004434.475.86$10,599
Mar 20042864734.365.53$10,087
Feb 20042861132.455.51$9,341
Jan 20043212732.036.30$10,452
Dec 20032864830.266.30$8,957
Nov 20033485328.804.60$10,266
Oct 20033414428.174.76$9,815
Sep 20033041326.314.75$8,060
Aug 20033643729.765.13$11,022
Jul 20033226129.415.17$9,785
Jun 20032844428.565.98$8,374
May 20032382726.595.97$6,490
Apr 20032382726.675.41$6,493
Mar 20032261331.146.10$7,117
Feb 20032042333.487.93$7,012
Jan 20032494130.315.58$7,776
Dec 20022524226.914.85$6,985
Nov 20022815424.664.14$7,153
Oct 20022815726.464.23$7,676
Sep 20023449127.443.64$9,770
Aug 20022816325.963.16$7,494
Jul 20022716524.583.06$6,860
Jun 20022735923.733.34$6,675
May 20023175724.663.58$8,022
Apr 20022885223.653.51$6,994
Mar 20022955422.003.10$6,658
Feb 20022924118.222.38$5,418
Jan 20022945317.172.38$5,174
Dec 20013195916.932.36$5,540
Nov 20012925518.072.41$5,409
Oct 20012936619.782.53$5,962
Sep 20011682724.262.25$4,136
Aug 20012334224.873.05$5,923
Jul 20013648023.933.20$8,966
Jun 20012956524.563.82$7,494
May 20013586325.524.31$9,408
Apr 20013509924.685.34$9,166
Mar 20012981024.545.38$7,367
Feb 2001224027.755.77$6,216
Jan 2001291027.478.40$7,994
Dec 2000296026.889.12$7,956
Nov 2000301032.215.66$9,695
Oct 2000236031.235.15$7,370
Sep 20002491431.875.19$8,008
Aug 20002812029.644.54$8,420
Jul 20002814628.534.09$8,205
Jun 20002735329.304.40$8,232
May 20004755727.263.68$13,158
Apr 20003115724.513.12$7,800
Mar 20003714328.422.86$10,667
Feb 20003421627.622.73$9,490
Jan 20002683725.272.48$6,864
Dec 19993046224.282.42$7,531
Nov 19992146223.192.43$5,114
Oct 19992807520.982.80$6,085
Sep 1999793021.752.62$1,797
Aug 19992863619.262.88$5,612
Jul 19993625217.892.37$6,600
Jun 19993576115.942.36$5,835
May 19994162115.792.32$6,617
Apr 19993082115.102.21$4,697
Mar 19993763412.471.84$4,751
Feb 1999362369.981.82$3,678
Jan 19993723610.381.90$3,930
Dec 1998397769.201.77$3,787
Nov 199844710610.892.19$5,100
Oct 199863213312.421.97$8,111
Sep 199857313912.592.08$7,504
Aug 199855714711.301.91$6,574
Jul 199870914011.742.24$8,637
Jun 199856611411.242.24$6,617
May 199871114512.622.21$9,293
Apr 199857213913.042.51$7,807
Mar 199861512612.802.31$8,163
Feb 199851710813.952.30$7,460
Jan 19983944814.702.15$5,895
Dec 19972573716.322.41$4,283
Nov 19972874918.193.09$5,372
Oct 19972216519.253.15$4,459
Sep 19973249817.742.95$6,037
Aug 199755712917.862.55$10,278
Jul 199753914817.582.25$9,808
Jun 199755211417.242.26$9,774
May 199755112518.972.31$10,741
Apr 199747912617.882.08$8,827
Mar 199753812918.951.94$10,445
Feb 199745710720.492.21$9,600
Jan 199765713623.483.54$15,908
Dec 199655913023.32$13,036
Nov 199653815521.97$11,820
Oct 199659115223.31$13,776
Sep 199660714022.22$13,488
Aug 199663114620.26$12,784
Jul 199652312419.55$10,225
Jun 199649711818.73$9,309
May 199657214919.43$11,114
Apr 199656016521.51$12,046
Mar 199656317519.38$10,911
Feb 199651815816.98$8,796
Jan 199646816617.07$7,989
Dec 199554817217.19$9,420
Nov 199556716916.00$9,072
Oct 199562723015.43$9,675
Sep 1995623116.18$10,080
Aug 199565516115.92$10,428
Jul 199560416615.24$9,205
Jun 199562617716.41$10,273
May 199572417817.56$12,713
Apr 199569416417.73$12,305
Mar 199569516316.44$11,426
Feb 199564516216.58$10,694
Jan 199569017415.92$10,985
Dec 199472317115.03$10,867
Nov 199480418315.90$12,784
Oct 199465112815.58$10,143
Sep 199475815115.29$11,590
Aug 199472719216.13$11,727
Jul 199470620917.56$12,397
Jun 199473514217.09$12,561
May 199483418515.88$13,244
Apr 199482317814.14$11,637
Mar 199471716412.46$8,934
Feb 199481316512.50$10,163
Jan 199468517012.66$8,672
Dec 199391919212.33$11,331
Nov 199388620014.49$12,838
Oct 199394823415.85$15,026
Sep 199396224015.03$14,459
Aug 19931,01126415.66$15,832
Jul 199398326615.46$15,197
Jun 199391526116.79$15,363
May 199395026317.68$16,796
Apr 199371925118.05$12,978
Mar 199383036518.14$15,056
Feb 199393631217.90$16,754
Jan 19931,09124616.93$18,471

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.

Nov 2011 — as filed, then multipliedworked
Oil                  459 bbl  × $ 95.72 =    $43,935
Casinghead gas         7 Mcf  × $  3.31 =        $23

────────────────────────────────────────────────────
Month total                                  $43,959

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/19017 is the state's own key, not one this site invented.