REED -F-

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

Oil lease lease 20116District 08Field 21597250OilCasinghead gasSaveExport
Value, all time
$1.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 26 leases and 38 wells, and the rule below applies to all of them.

Discovered
1962-03-13
as the register files it
Field class
Oil and gas
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 field rule took effect on 1979-09-24.

The Commission's schedule remark for this field reads: 80 ACRE 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
OilDisposition29,131 bbl$929,051
Casinghead gasProduction187,027 Mcf$643,126
Total$1,572,177

48,522 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 31.9348, -101.2464. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.93480, -101.24643 · 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%
2 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
7,589 ft
2 wells filed one
Completion to plug
14.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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

Between 7,497 and 7,680 ft, median 7,589 ft, over the 2 wells that filed a depth.

Completions filed
May 1966 – Sep 1966
2 of 2 wells
Plug dates filed
Jun 1980
1 of 2 wells; 1 filed none

Last completion to plug: a median of 14.1 years across the 1 well that filed both dates, with the middle half between 14.1 years and 14.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-431103632 U7,497 ftSep 1966Yes
42-431103381 U7,680 ftMay 1966Jun 1980Yes

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 20250066.483.13$0
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 20240075.632.06$0
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 202302380.522.67$61
Jul 202303974.852.64$103
Jun 202302568.962.26$56
May 20230070.622.23$0
Apr 2023010078.122.24$224
Mar 2023016272.852.39$388
Feb 2023017275.112.47$424
Jan 2023015676.533.39$528
Dec 2022015876.415.73$905
Nov 2022014985.005.65$841
Oct 20220687.185.86$35
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 2022023101.587.54$173
Jun 2022777115.097.98$1,420
May 2022035109.378.43$295
Apr 20220182104.226.84$1,244
Mar 20220126108.885.08$640
Feb 2022017191.054.86$831
Jan 2022019281.844.54$871
Dec 2021113971.323.90$613
Nov 2021015477.435.24$806
Oct 202105579.795.71$314
Sep 202103569.865.35$187
Aug 2021510766.024.22$782
Jul 20210070.783.98$0
Jun 202118669.493.38$360
May 2021112263.483.02$432
Apr 202118960.362.76$306
Mar 20210661.302.72$16
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200238.772.71$5
Oct 20200636.972.48$15
Sep 20200537.091.99$10
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 202001534.901.69$25
May 20200016.921.81$0
Apr 20201014.751.80$15
Mar 202013830.341.86$101
Feb 20201310049.881.98$847
Jan 2020188557.252.09$1,209
Dec 201911459.012.30$91
Nov 20190055.302.75$0
Oct 20190753.472.42$17
Sep 2019211155.052.66$405
Aug 2019013653.112.30$313
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 201901458.482.74$38
Apr 2019202062.632.75$12,651
Mar 201915856.803.06$234
Feb 201966450.852.79$484
Jan 201908946.033.23$287
Dec 2018012646.594.19$527
Nov 201858052.934.24$604
Oct 201848461.443.40$531
Sep 201808359.543.11$258
Aug 2018010159.403.07$310
Jul 2018112865.142.93$440
Jun 2018015160.183.08$465
May 201807665.382.90$220
Apr 201801063.842.90$29
Mar 201804461.222.79$123
Feb 201807261.782.77$199
Jan 201809762.874.01$389
Dec 201705957.272.92$172
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 201702345.373.00$69
Jul 201711843.873.09$99
Jun 20171042.493.09$42
May 20170045.373.26$0
Apr 201704947.933.21$157
Mar 2017011546.772.98$343
Feb 201701350.452.95$38
Jan 20170049.413.42$0
Dec 20161048.763.72$49
Nov 20160042.492.64$0
Oct 201629846.193.09$395
Sep 2016015141.553.10$468
Aug 201638141.442.92$361
Jul 201608041.622.92$234
Jun 20160045.352.69$0
May 2016012842.521.99$255
Apr 2016012136.561.99$241
Mar 201604233.011.79$75
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201506638.792.17$143
Oct 201504543.552.43$109
Sep 2015010642.992.76$292
Aug 20150640.162.87$17
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150855.212.96$24
Apr 201502049.822.71$54
Mar 2015111242.892.93$372
Feb 2015013944.662.98$414
Jan 2015118743.433.10$623
Dec 2014117454.693.59$680
Nov 2014016170.464.25$685
Oct 2014013078.303.90$507
Sep 20142086.164.05$172
Aug 2014614689.394.04$1,125
Jul 201415220596.564.18$15,534
Jun 2014319898.164.74$1,232
May 2014022994.734.73$1,082
Apr 2014022395.944.81$1,072
Mar 2014623495.895.06$1,759
Feb 2014521297.406.19$1,800
Jan 2014410290.404.86$857
Dec 2013217291.824.35$933
Nov 2013214788.853.74$727
Oct 201316721297.423.78$17,070
Sep 20131220104.113.72$922
Aug 20131130104.253.52$562
Jul 20133285102.523.72$1,367
Jun 2013128394.403.93$1,208
May 2013528694.834.15$1,661
Apr 201315728093.964.28$15,951
Mar 2013526593.623.91$1,505
Feb 2013927391.233.42$1,755
Jan 2013426891.603.42$1,283
Dec 201214727186.773.42$13,682
Nov 2012027886.953.62$1,008
Oct 2012027389.383.40$928
Sep 2012026394.672.92$768
Aug 201208392.662.91$241
Jul 201203685.133.02$109
Jun 20120079.822.52$0
May 2012170191.612.49$15,576
Apr 20120388101.652.00$775
Mar 2012173392105.052.22$19,045
Feb 20121381101.102.57$1,080
Jan 2012337598.092.73$1,320
Dec 2011240096.873.24$1,490
Nov 2011230595.723.31$1,201
Oct 2011139584.983.65$1,526
Sep 201104383.623.99$171
Aug 20111083.404.15$83
Jul 201116011594.144.52$15,582
Jun 201117312392.904.64$16,642
May 2011541798.134.40$2,327
Apr 20113376105.964.33$1,947
Mar 2011044296.364.06$1,793
Feb 2011021585.644.18$899
Jan 2011034986.504.59$1,601
Dec 201017839885.734.35$16,990
Nov 2010340580.843.80$1,780
Oct 2010239678.103.51$1,546
Sep 201017649772.633.98$14,761
Aug 2010046373.684.42$2,046
Jul 2010023272.554.74$1,099
Jun 2010039870.364.91$1,954
May 2010116371.124.24$761
Apr 2010017181.694.12$705
Mar 2010047978.394.39$2,102
Feb 2010036673.585.44$1,992
Jan 201016618574.365.96$13,447
Dec 20090171.445.48$5
Nov 2009140974.593.75$1,609
Oct 2009045072.544.11$1,850
Sep 200934249565.543.06$23,932
Aug 2009024867.423.22$798
Jul 2009036861.133.46$1,275
Jun 2009036066.163.90$1,402
May 2009039954.743.93$1,566
Apr 2009037946.773.59$1,360
Mar 20091741,13242.144.06$11,927
Feb 200917416532.814.63$6,473
Jan 20090035.865.37$0
Dec 2008022037.105.98$1,315
Nov 2008040755.496.86$2,792
Oct 2008041575.246.92$2,873
Sep 20080175101.767.88$1,378
Aug 2008170319114.228.48$22,123
Jul 20080464131.0811.39$5,285
Jun 20080344131.3313.03$4,483
May 20080285123.1711.57$3,299
Apr 20080290110.3110.45$3,032
Mar 20081120101.909.66$1,262
Feb 200817545492.538.77$20,175
Jan 200817236490.388.21$18,532
Dec 2007246888.337.30$3,594
Nov 2007052191.677.29$3,799
Oct 2007050982.856.92$3,523
Sep 200717438775.846.24$15,613
Aug 200734859169.066.39$27,808
Jul 2007067570.906.39$4,312
Jun 2007081262.007.55$6,129
May 2007048058.747.85$3,766
Apr 2007027559.617.81$2,146
Mar 2007031756.927.30$2,315
Feb 2007049555.108.22$4,067
Jan 200735670050.306.73$22,616
Dec 2006072456.656.92$5,009
Nov 2006074754.207.62$5,690
Oct 20067767854.906.01$8,305
Sep 200617976760.085.04$14,618
Aug 2006081868.717.34$6,004
Jul 200617484469.376.34$17,424
Jun 200617086366.286.38$16,777
May 2006091666.016.42$5,885
Apr 200625897364.397.36$23,774
Mar 2006045756.707.08$3,237
Feb 200617972957.597.75$15,959
Jan 200617982560.598.93$18,216
Dec 2005087654.9413.42$11,752
Nov 200517649854.6910.59$14,898
Oct 2005081858.3413.80$11,285
Sep 200517474561.4512.08$19,691
Aug 2005080661.519.80$7,896
Jul 200517487755.697.84$16,569
Jun 200517790652.337.38$15,950
May 2005090645.226.65$6,026
Apr 200517789349.207.36$15,281
Mar 2005081550.377.15$5,831
Feb 2005040345.226.31$2,544
Jan 200518088443.166.32$13,358
Dec 200417684839.866.75$12,740
Nov 200417282145.286.33$12,985
Oct 200417189649.706.52$14,336
Sep 200417088443.245.28$12,022
Aug 2004092142.375.55$5,112
Jul 200416997638.286.08$12,407
Jun 200417196236.106.43$12,362
May 20041661,03437.486.49$12,937
Apr 2004089834.475.86$5,261
Mar 200417291134.365.53$10,948
Feb 200417394032.455.51$10,793
Jan 20041721,04932.036.30$12,117
Dec 20031731,03430.266.30$11,751
Nov 200301,02428.804.60$4,705
Oct 20033261,11728.174.76$14,500
Sep 20031701,10626.314.75$9,725
Aug 200301,18329.765.13$6,068
Jul 20031671,25729.415.17$11,411
Jun 2003064028.565.98$3,829
May 20031741,22326.595.97$11,931
Apr 20031701,23826.675.41$11,228
Mar 200317966931.146.10$9,652
Feb 200301,20033.487.93$9,511
Jan 20031821,41730.315.58$13,426
Dec 20023521,30226.914.85$15,792
Nov 2002079524.664.14$3,289
Oct 2002063326.464.23$2,677
Sep 200217579527.443.64$7,692
Aug 2002056525.963.16$1,788
Jul 2002065024.583.06$1,990
Jun 20021781,12623.733.34$7,983
May 20021741,16524.663.58$8,466
Apr 20023401,13923.653.51$12,042
Mar 200201,21522.003.10$3,770
Feb 200217372918.222.38$4,884
Jan 200201,00117.172.38$2,378
Dec 20011701,03116.932.36$5,316
Nov 200135620618.072.41$6,928
Oct 200101,10419.782.53$2,792
Sep 200101,16024.262.25$2,612
Aug 20011081,18224.873.05$6,295
Jul 2001057823.933.20$1,848
Jun 2001057524.563.82$2,199
May 200115423725.524.31$4,951
Apr 20010024.685.34$0
Mar 2001018924.545.38$1,016
Feb 2001027227.755.77$1,569
Jan 200112382527.478.40$10,308
Dec 200016754326.889.12$9,442
Nov 200017964332.215.66$9,404
Oct 200017643331.235.15$7,724
Sep 2000039931.875.19$2,069
Aug 200018141829.644.54$7,263
Jul 2000031628.534.09$1,292
Jun 200034539029.304.40$11,823
May 2000073027.263.68$2,686
Apr 2000055424.513.12$1,726
Mar 200032025528.422.86$9,824
Feb 2000040727.622.73$1,110
Jan 2000244325.272.48$1,149
Dec 199941491724.282.42$12,274
Nov 1999099323.192.43$2,417
Oct 19991791,09220.982.80$6,817
Sep 199913788521.752.62$5,297
Aug 19997745219.262.88$2,783
Jul 199953692517.892.37$11,783
Jun 199961,03815.942.36$2,548
May 199935194715.792.32$7,740
Apr 199941,05115.102.21$2,381
Mar 1999492212.471.84$1,745
Feb 199988969.981.82$1,709
Jan 199933782910.381.90$5,073
Dec 199826999.201.77$1,258
Nov 199833691210.892.19$5,652
Oct 1998296712.421.97$1,929
Sep 199833795312.592.08$6,228
Aug 199811,09211.301.91$2,094
Jul 1998095111.742.24$2,128
Jun 19983421,18911.242.24$6,504
May 199811,11512.622.21$2,473
Apr 19983511,13413.042.51$7,418
Mar 199801,02612.802.31$2,369
Feb 199833387913.952.30$6,666
Jan 199828699214.702.15$6,342
Dec 1997393916.322.41$2,313
Nov 1997190918.193.09$2,825
Oct 19973651,04019.253.15$10,302
Sep 199711,08217.742.95$3,215
Aug 19973851,26717.862.55$10,113
Jul 199711,20717.582.25$2,730
Jun 19973321,14717.242.26$8,313
May 199721,16518.972.31$2,727
Apr 19973641,12017.882.08$8,841
Mar 199711,16618.951.94$2,280
Feb 199721,04320.492.21$2,342
Jan 19976381,08923.483.54$18,835
Dec 199611,09223.32$23
Nov 19961971,06321.97$4,328
Oct 19963661,21723.31$8,531
Sep 199601,18022.22$0
Aug 19963611,07020.26$7,314
Jul 199601,04619.55$0
Jun 199601,08418.73$0
May 19963941,27819.43$7,655
Apr 199611,10421.51$22
Mar 19963771,11019.38$7,306
Feb 19963911,10416.98$6,639
Jan 1996018517.07$0
Dec 19953871,08417.19$6,653
Nov 199501,06616.00$0
Oct 199539472715.43$6,079
Sep 1995089716.18$0
Aug 199539289515.92$6,241
Jul 1995043815.24$0
Jun 1995057616.41$0
May 1995159517.56$18
Apr 1995058117.73$0
Mar 199545479516.44$7,464
Feb 1995094916.58$0
Jan 199501,01615.92$0
Dec 199440599915.03$6,087
Nov 199442096915.90$6,678
Oct 199401,00015.58$0
Sep 19944611,03415.29$7,049
Aug 199401,08416.13$0
Jul 199401,15017.56$0
Jun 19944591,07217.09$7,844
May 199401,07615.88$0
Apr 19944361,13014.14$6,165
Mar 199411,14312.46$12
Feb 199445898912.50$5,725
Jan 199401,06512.66$0
Dec 19934321,09912.33$5,327
Nov 1993094614.49$0
Oct 19934101,03315.85$6,499
Sep 19934581,11115.03$6,884
Aug 199311,15815.66$16
Jul 19934661,24615.46$7,204
Jun 199311,22916.79$17
May 19934601,10017.68$8,133
Apr 19934661,16818.05$8,411
Mar 199301,23618.14$0
Feb 199301,09517.90$0
Jan 19934691,23816.93$7,940

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.

Aug 2023 — as filed, then multipliedworked
Oil                    0 bbl  × $ 80.52 =         $0
Casinghead gas        23 Mcf  × $  2.67 =        $61

────────────────────────────────────────────────────
Month total                                      $61

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/20116 is the state's own key, not one this site invented.