REED -I-

Operated by ROCA RESOURCE COMPANY, INC. (P-5 722189) 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 20222District 08Field 21597250OilCasinghead gasSaveExport
Value, all time
$47 k
Jan 1993 – Aug 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
128
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
OilDisposition2,559 bbl$42,848
Casinghead gasProduction31,047 Mcf$4,057
Total$46,906

29,150 Mcf of this lease's gas, across 35 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 (4)

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 31.9315, -101.2572. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.93116, -101.25830 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
7,785 ft
4 wells filed one
Completion to plug
15.9 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 7,700 and 7,835 ft, median 7,785 ft, over the 4 wells that filed a depth.

Completions filed
Aug 1966 – Jan 1970
4 of 4 wells
Plug dates filed
Jun 1980 – May 2001
4 of 4 wells

Last completion to plug: a median of 15.9 years across the 4 wells that filed both dates, with the middle half between 13.4 years and 21.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-4313003457,835 ftJan 1970May 2001Yes
42-431104483 U7,780 ftMar 1968Jun 1980Yes
42-431103702 U7,790 ftOct 1966Sep 1984Yes
42-431103481 U7,700 ftAug 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 (128)

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

128 months

Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 200169024.685.34$1,703
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000725.272.48$17
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990419.262.88$12
Jul 19990317.892.37$7
Jun 19990215.942.36$5
May 19990315.792.32$7
Apr 19990015.102.21$0
Mar 1999367712.471.84$1,282
Feb 1999049.981.82$7
Jan 19990910.381.90$17
Dec 1998099.201.77$16
Nov 19980410.892.19$9
Oct 19980412.421.97$8
Sep 19980412.592.08$8
Aug 19980411.301.91$8
Jul 19980511.742.24$11
Jun 199805911.242.24$132
May 19980412.622.21$9
Apr 19980313.042.51$8
Mar 199801012.802.31$23
Feb 199801213.952.30$28
Jan 19980314.702.15$6
Dec 19970216.322.41$5
Nov 19970418.193.09$12
Oct 19970219.253.15$6
Sep 19970117.742.95$3
Aug 19971011217.862.55$1,835
Jul 19971717.582.25$33
Jun 199731617.242.26$88
May 1997122218.972.31$531
Apr 1997031217.882.08$650
Mar 199714219418.951.94$3,067
Feb 1997616220.492.21$480
Jan 1997013323.483.54$471
Dec 1996014923.32$0
Nov 1996112221.97$22
Oct 199617223.31$23
Sep 19961798422.22$3,977
Aug 1996174720.26$344
Jul 199607119.55$0
Jun 199602118.73$0
May 199611119.43$19
Apr 19960021.51$0
Mar 1996101019.38$1,957
Feb 19960116.98$0
Jan 19960317.07$0
Dec 19950017.19$0
Nov 19956816.00$96
Oct 19951883115.43$2,901
Sep 199508416.18$0
Aug 19951988815.92$3,152
Jul 19950015.24$0
Jun 1995612816.41$98
May 1995246117.56$421
Apr 199555117.73$975
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 199496015.29$1,468
Aug 19940016.13$0
Jul 19940017.56$0
Jun 1994036717.09$0
May 199411,59015.88$16
Apr 19944631,67014.14$6,547
Mar 199411,72812.46$12
Feb 199401,50812.50$0
Jan 199401,65012.66$0
Dec 199301,65812.33$0
Nov 19934531,41014.49$6,564
Oct 199301,60715.85$0
Sep 199311,68415.03$15
Aug 199311,36115.66$16
Jul 199311,77415.46$15
Jun 199311,73916.79$17
May 19934371,71717.68$7,726
Apr 199311,58418.05$18
Mar 199301,77718.14$0
Feb 199301,62717.90$0
Jan 199301,71716.93$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.

Apr 2001 — as filed, then multipliedworked
Oil                   69 bbl  × $ 24.68 =     $1,703
Casinghead gas         0 Mcf  × $  5.34 =         $0

────────────────────────────────────────────────────
Month total                                   $1,703

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/20222 is the state's own key, not one this site invented.