REEVES -AX- FEE

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) in the KENNEDY-FAULKNER, S. (DELAWARE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21611District 08Field 48934500NGPA filingOilCasinghead gasSaveExport
Value, all time
$461 k
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1969-03-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition8,610 bbl$412,133
Casinghead gasProduction12,137 Mcf$49,120
Total$461,253

2,937 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 (1)

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 31.8746, -104.0168. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.87465, -104.01680 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
2,615 ft
1 wells filed one
Completion to plug
52.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 2,615 ft.

Completions filed
Jun 1970
1 of 1 wells
Plug dates filed
Nov 2022
1 of 1 wells

Last completion to plug: a median of 52.4 years across the 1 well that filed both dates, with the middle half between 52.4 years and 52.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3893011012,615 ftJun 1970Nov 2022Yes

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 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 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 201921052.782.49$1,108
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20194050.852.79$203
Jan 20190046.033.23$0
Dec 201863046.594.19$2,935
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20182059.543.11$119
Aug 201857059.403.07$3,386
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 201856065.382.90$3,661
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201876062.874.01$4,778
Dec 20170057.272.92$0
Nov 201759055.423.12$3,270
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 201745045.373.00$2,042
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 201731045.373.26$1,406
Apr 20170047.933.21$0
Mar 201749046.772.98$2,292
Feb 20170050.452.95$0
Jan 20171049.413.42$49
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 201619041.622.92$791
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 201643033.011.79$1,419
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 201544042.992.76$1,892
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201565049.822.71$3,238
Mar 20150042.892.93$0
Feb 201542044.662.98$1,876
Jan 20150043.433.10$0
Dec 201441054.693.59$2,242
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201438086.164.05$3,274
Aug 201442089.394.04$3,754
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 201478095.944.81$7,483
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 201344088.853.74$3,909
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 2013440104.253.52$4,587
Jul 201300102.523.72$0
Jun 201339094.403.93$3,682
May 201335094.834.15$3,319
Apr 201345093.964.28$4,228
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 201349091.603.42$4,488
Dec 201250086.773.42$4,339
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 201243092.662.91$3,984
Jul 201252085.133.02$4,427
Jun 20121079.822.52$80
May 20120091.612.49$0
Apr 2012490101.652.00$4,981
Mar 2012440105.052.22$4,622
Feb 201200101.102.57$0
Jan 201285098.092.73$8,338
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 201148094.144.52$4,519
Jun 20110092.904.64$0
May 201138098.134.40$3,729
Apr 2011400105.964.33$4,238
Mar 201154096.364.06$5,203
Feb 20110085.644.18$0
Jan 201157086.504.59$4,931
Dec 201057085.734.35$4,887
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201073072.633.98$5,302
Aug 201058073.684.42$4,273
Jul 20100072.554.74$0
Jun 201053070.364.91$3,729
May 201054071.124.24$3,840
Apr 201039081.694.12$3,186
Mar 201055078.394.39$4,311
Feb 201055073.585.44$4,047
Jan 201056074.365.96$4,164
Dec 20090071.445.48$0
Nov 200956074.593.75$4,177
Oct 200957072.544.11$4,135
Sep 20090065.543.06$0
Aug 200954067.423.22$3,641
Jul 200955061.133.46$3,362
Jun 200956066.163.90$3,705
May 20090054.743.93$0
Apr 2009111046.773.59$5,191
Mar 200953042.144.06$2,233
Feb 20090032.814.63$0
Jan 200952035.865.37$1,865
Dec 20080037.105.98$0
Nov 200855055.496.86$3,052
Oct 200866075.246.92$4,966
Sep 2008470101.767.88$4,783
Aug 2008640114.228.48$7,310
Jul 200800131.0811.39$0
Jun 2008590131.3313.03$7,748
May 20085231123.1711.57$6,764
Apr 2008040110.3110.45$418
Mar 20086160101.909.66$6,796
Feb 20080192.538.77$9
Jan 2008023890.388.21$1,953
Dec 20070188.337.30$7
Nov 2007701391.677.29$6,512
Oct 200706182.856.92$422
Sep 20071033475.846.24$8,024
Aug 200703469.066.39$217
Jul 2007010970.906.39$696
Jun 20070062.007.55$0
May 20071023958.747.85$6,297
Apr 2007546559.617.81$3,726
Mar 200707156.927.30$518
Feb 2007516755.108.22$3,361
Jan 2007537850.306.73$3,191
Dec 2006638356.656.92$4,143
Nov 2006018954.207.62$1,440
Oct 2006607954.906.01$3,769
Sep 200603060.085.04$151
Aug 2006303968.717.34$2,348
Jul 2006391969.376.34$2,826
Jun 200603866.286.38$243
May 2006775866.016.42$5,455
Apr 200603864.397.36$280
Mar 200605056.707.08$354
Feb 2006526557.597.75$3,499
Jan 2006455260.598.93$3,191
Dec 2005534654.9413.42$3,529
Nov 200503354.6910.59$349
Oct 2005474058.3413.80$3,294
Sep 2005543661.4512.08$3,753
Aug 200505961.519.80$578
Jul 2005543755.697.84$3,297
Jun 200506952.337.38$509
May 2005528345.226.65$2,903
Apr 20054912849.207.36$3,353
Mar 20057735550.377.15$6,418
Feb 20055537145.226.31$4,829
Jan 2005018543.166.32$1,170
Dec 200410611439.866.75$4,995
Nov 20045411645.286.33$3,179
Oct 20044314149.706.52$3,056
Sep 20045413043.245.28$3,022
Aug 2004014542.375.55$805
Jul 20045414738.286.08$2,961
Jun 200402236.106.43$142
May 2004418937.486.49$2,115
Apr 20044412234.475.86$2,231
Mar 20041229334.365.53$4,706
Feb 2004506532.455.51$1,981
Jan 2004405832.036.30$1,647
Dec 2003535730.266.30$1,963
Nov 2003516428.804.60$1,763
Oct 2003504328.174.76$1,613
Sep 20035510126.314.75$1,927
Aug 2003468829.765.13$1,820
Jul 2003448329.415.17$1,723
Jun 2003438928.565.98$1,761
May 20035511826.595.97$2,167
Apr 200306726.675.41$362
Mar 2003398031.146.10$1,702
Feb 2003567433.487.93$2,461
Jan 2003553030.315.58$1,835
Dec 200205926.914.85$286
Nov 20025210924.664.14$1,733
Oct 2002437826.464.23$1,468
Sep 2002509927.443.64$1,732
Aug 2002499825.963.16$1,582
Jul 200252024.583.06$1,278
Jun 2002498323.733.34$1,440
May 200207624.663.58$272
Apr 2002455623.653.51$1,261
Mar 200204622.003.10$143
Feb 2002644318.222.38$1,268
Jan 200203817.172.38$90
Dec 2001594016.932.36$1,093
Nov 200106418.072.41$154
Oct 20016410419.782.53$1,529
Sep 20016310424.262.25$1,763
Aug 2001653724.873.05$1,730
Jul 20016116623.933.20$1,990
Jun 2001015924.563.82$608
May 200108425.524.31$362
Apr 200101124.685.34$59
Mar 200165024.545.38$1,595
Feb 20010027.755.77$0
Jan 2001654527.478.40$2,163
Dec 200004526.889.12$411
Nov 2000632632.215.66$2,176
Oct 200007031.235.15$360
Sep 200005331.875.19$275
Aug 20005410329.644.54$2,068
Jul 2000017928.534.09$732
Jun 20004210329.304.40$1,684
May 20006411427.263.68$2,164
Apr 20006114024.513.12$1,931
Mar 2000609128.422.86$1,965
Feb 200007627.622.73$207
Jan 20005213725.272.48$1,654
Dec 19995510724.282.42$1,595
Nov 19995710623.192.43$1,580
Oct 19995712520.982.80$1,546
Sep 199907621.752.62$199
Aug 199902219.262.88$63
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 199806311.301.91$120
Jul 1998296311.742.24$481
Jun 1998184811.242.24$310
May 199805012.622.21$110
Apr 1998173713.042.51$314
Mar 1998184412.802.31$332
Feb 1998192413.952.30$320
Jan 1998192314.702.15$329
Dec 199701216.322.41$29
Nov 1997183418.193.09$432
Oct 1997184219.253.15$479
Sep 1997182417.742.95$390
Aug 199702317.862.55$59
Jul 1997183817.582.25$402
Jun 1997184317.242.26$407
May 1997184518.972.31$445
Apr 1997184417.882.08$413
Mar 1997184818.951.94$434
Feb 1997184320.492.21$464
Jan 199702023.483.54$71
Dec 1996172423.32$396
Nov 199602421.97$0
Oct 19960723.31$0
Sep 1996172322.22$378
Aug 1996174220.26$344
Jul 1996174519.55$332
Jun 1996174418.73$318
May 1996173719.43$330
Apr 1996324321.51$688
Mar 1996183619.38$349
Feb 1996174016.98$289
Jan 1996173717.07$290
Dec 1995183917.19$309
Nov 1995173916.00$272
Oct 1995183915.43$278
Sep 1995354516.18$566
Aug 1995184915.92$287
Jul 1995185015.24$274
Jun 1995176916.41$279
May 1995186417.56$316
Apr 1995356117.73$621
Mar 1995186416.44$296
Feb 1995185316.58$298
Jan 1995356715.92$557
Dec 1994187115.03$271
Nov 1994187815.90$286
Oct 1994185115.58$280
Sep 1994184915.29$275
Aug 1994186516.13$290
Jul 1994356317.56$615
Jun 1994185017.09$308
May 1994183115.88$286
Apr 1994184814.14$255
Mar 1994636712.46$785
Feb 1994185612.50$225
Jan 1994376712.66$468
Dec 19936011412.33$740
Nov 1993378714.49$536
Oct 1993626715.85$983
Sep 19936110715.03$917
Aug 199312011815.66$1,879
Jul 1993012015.46$0
Jun 1993619816.79$1,024
May 1993558917.68$972
Apr 19935610518.05$1,011
Mar 19935611018.14$1,016
Feb 199309317.90$0
Jan 19931159216.93$1,947

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 2019 — as filed, then multipliedworked
Oil                   21 bbl  × $ 52.78 =     $1,108
Casinghead gas         0 Mcf  × $  2.49 =         $0

────────────────────────────────────────────────────
Month total                                   $1,108

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/21611 is the state's own key, not one this site invented.