REED -B- 15

Operated by XHORIZONS ENERGY LLC (P-5 945906) in the MPF (YATES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21701District 08Field 56294666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$35 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 24 leases and 49 wells, and the rule below applies to all of them.

Discovered
1968-12-06
as the register files it
Field class
Oil and gas
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: ALLOCATION FORMULA EFFECTIVE 08/01/95.

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
OilDisposition46,387 bbl$1,720,440
Casinghead gasProduction64,990 Mcf$260,269
Total$1,980,709

30 Mcf of this lease's gas, across 20 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 (7)

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 31.0865, -102.9344. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.08701, -102.93400 · 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
14.3%
1 of 7 wells
With a plug date
14.3%
1 of 7 wells
Median depth
3,102 ft
7 wells filed one
Completion to plug
27.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
114.3%
A plug date is filed
114.3%
BothOn the schedule and plugged. Neither fact cancels the other.
114.3%
NeitherNo plug date, and not on the schedule.
685.7%

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 3,023 and 3,150 ft, median 3,102 ft, over the 7 wells that filed a depth.

Completions filed
Apr 1970 – Oct 2015
7 of 7 wells
Plug dates filed
Nov 2001
1 of 7 wells; 6 filed none

Last completion to plug: a median of 27.9 years across the 1 well that filed both dates, with the middle half between 27.9 years and 27.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-3713369973,102 ftOct 2015
42-3713319463,107 ftSep 2015
42-3713319253,084 ftMar 2013
42-3713669993,150 ftJun 1997
42-3713044733,082 ftDec 1973Nov 2001Yes
42-3713037523,023 ftOct 1970
42-3713030113,150 ftApr 1970

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 2026108089.753.15$9,693
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025452056.664.41$25,610
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 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
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 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018151063.842.90$9,640
Mar 2018017461.222.79$485
Feb 2018010261.782.77$282
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201701049.292.98$30
Sep 201701647.523.09$49
Aug 201702145.373.00$63
Jul 201702643.873.09$80
Jun 201702542.493.09$77
May 2017011445.373.26$372
Apr 2017010047.933.21$321
Mar 2017011646.772.98$346
Feb 2017010150.452.95$298
Jan 2017013549.413.42$462
Dec 2016155048.763.72$7,558
Nov 2016024842.492.64$656
Oct 201615515846.193.09$7,648
Sep 201609541.553.10$295
Aug 2016017641.442.92$515
Jul 2016031641.622.92$924
Jun 201615222945.352.69$7,508
May 201616971242.521.99$8,604
Apr 2016171036.561.99$6,252
Mar 20160033.011.79$0
Feb 2016158026.472.06$4,182
Jan 20160027.352.36$0
Dec 2015169032.362.00$5,469
Nov 2015166038.792.17$6,439
Oct 2015123043.552.43$5,357
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014154054.693.59$8,422
Nov 20140070.464.25$0
Oct 2014159078.303.90$12,450
Sep 20140086.164.05$0
Aug 2014158089.394.04$14,124
Jul 2014160096.564.18$15,450
Jun 2014171098.164.74$16,785
May 20140094.734.73$0
Apr 2014148095.944.81$14,199
Mar 20140095.895.06$0
Feb 2014174097.406.19$16,948
Jan 2014165090.404.86$14,916
Dec 2013154091.824.35$14,140
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20131330104.113.72$13,847
Aug 20131690104.253.52$17,618
Jul 201300102.523.72$0
Jun 2013163094.403.93$15,387
May 2013156094.834.15$14,793
Apr 2013170093.964.28$15,973
Mar 2013164093.623.91$15,354
Feb 2013167091.233.42$15,235
Jan 2013325091.603.42$29,770
Dec 2012162086.773.42$14,057
Nov 2012163086.953.62$14,173
Oct 2012169089.383.40$15,105
Sep 2012154094.672.92$14,579
Aug 2012159092.662.91$14,733
Jul 2012164085.133.02$13,961
Jun 20121079.822.52$80
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201216412105.052.22$17,255
Feb 2012065101.102.57$167
Jan 201207798.092.73$211
Dec 201116011396.873.24$15,865
Nov 201109495.723.31$311
Oct 201109984.983.65$361
Sep 201109683.623.99$383
Aug 20113117583.404.15$26,249
Jul 201109894.144.52$443
Jun 2011012292.904.64$566
May 20111546698.134.40$15,403
Apr 2011097105.964.33$420
Mar 20111567396.364.06$15,328
Feb 20111577285.644.18$13,746
Jan 201109986.504.59$454
Dec 201015711085.734.35$13,938
Nov 2010011280.843.80$425
Oct 2010010378.103.51$361
Sep 20103138472.633.98$23,067
Aug 201008873.684.42$389
Jul 201009472.554.74$445
Jun 20101568870.364.91$11,408
May 201028010471.124.24$20,354
Apr 2010010381.694.12$425
Mar 201008878.394.39$386
Feb 201015510973.585.44$11,998
Jan 201012413274.365.96$10,008
Dec 200916611871.445.48$12,506
Nov 200915711574.593.75$12,142
Oct 2009012272.544.11$501
Sep 20091579765.543.06$10,587
Aug 20091648667.423.22$11,334
Jul 20091286961.133.46$8,064
Jun 20091636866.163.90$11,049
May 200916414854.743.93$9,558
Apr 200915014546.773.59$7,536
Mar 200929515942.144.06$13,077
Feb 200915815732.814.63$5,911
Jan 200916414835.865.37$6,676
Dec 200828617637.105.98$11,663
Nov 2008014155.496.86$967
Oct 200815414175.246.92$12,563
Sep 2008152168101.767.88$16,791
Aug 2008280172114.228.48$33,441
Jul 20080197131.0811.39$2,244
Jun 2008150184131.3313.03$22,098
May 2008153162123.1711.57$20,720
Apr 2008124161110.3110.45$15,362
Mar 20080180101.909.66$1,740
Feb 200815317192.538.77$15,657
Jan 2008016990.388.21$1,387
Dec 2007017288.337.30$1,256
Nov 200726815191.677.29$25,669
Oct 2007018382.856.92$1,267
Sep 200715728575.846.24$13,686
Aug 2007027869.066.39$1,776
Jul 200713022070.906.39$10,622
Jun 2007020662.007.55$1,555
May 200716426058.747.85$11,673
Apr 200712618759.617.81$8,970
Mar 200716023456.927.30$10,816
Feb 200715221455.108.22$10,133
Jan 200715417250.306.73$8,903
Dec 2006022756.656.92$1,570
Nov 200628523154.207.62$17,207
Oct 2006023854.906.01$1,431
Sep 200616122560.085.04$10,806
Aug 2006024968.717.34$1,828
Jul 200628032769.376.34$21,498
Jun 2006026566.286.38$1,692
May 200615518566.016.42$11,420
Apr 2006018264.397.36$1,340
Mar 200612417956.707.08$8,299
Feb 200616219357.597.75$10,826
Jan 2006022160.598.93$1,974
Dec 2005019454.9413.42$2,603
Nov 20051628954.6910.59$9,802
Oct 200509258.3413.80$1,269
Sep 200527110961.4512.08$17,970
Aug 2005015061.519.80$1,470
Jul 200515515455.697.84$9,840
Jun 200512220652.337.38$7,905
May 2005015845.226.65$1,051
Apr 200515716449.207.36$8,932
Mar 200528116650.377.15$15,342
Feb 2005016245.226.31$1,023
Jan 2005024843.166.32$1,568
Dec 200412529439.866.75$6,967
Nov 200415829045.286.33$8,990
Oct 2004031049.706.52$2,020
Sep 200412530843.245.28$7,032
Aug 200415233242.375.55$8,283
Jul 200411734238.286.08$6,560
Jun 200415431036.106.43$7,554
May 2004028937.486.49$1,877
Apr 200427728034.475.86$11,189
Mar 2004030234.365.53$1,670
Feb 200429426632.455.51$11,006
Jan 2004030032.036.30$1,890
Dec 200315429230.266.30$6,500
Nov 200313927428.804.60$5,262
Oct 2003034828.174.76$1,656
Sep 200329431226.314.75$9,217
Aug 200315336429.765.13$6,421
Jul 2003032429.415.17$1,675
Jun 200328425428.565.98$9,631
May 2003029026.595.97$1,732
Apr 200328929026.675.41$9,276
Mar 2003030031.146.10$1,829
Feb 200329630833.487.93$12,351
Jan 2003031230.315.58$1,742
Dec 200234633826.914.85$10,951
Nov 200215429424.664.14$5,014
Oct 2002033826.464.23$1,429
Sep 200230338027.443.64$9,696
Aug 2002032825.963.16$1,038
Jul 200213638824.583.06$4,531
Jun 2002032623.733.34$1,088
May 200227237824.663.58$8,062
Apr 200215243223.653.51$5,112
Mar 200213532222.003.10$3,969
Feb 200228634618.222.38$6,033
Jan 200215446417.172.38$3,747
Dec 200129141416.932.36$5,905
Nov 2001032418.072.41$779
Oct 200129128419.782.53$6,474
Sep 200128935024.262.25$7,799
Aug 200115836624.873.05$5,047
Jul 200113541623.933.20$4,561
Jun 2001030424.563.82$1,163
May 200130437225.524.31$9,360
Apr 2001038624.685.34$2,059
Mar 200129740024.545.38$9,439
Feb 200130435827.755.77$10,501
Jan 2001031027.478.40$2,604
Dec 200029938626.889.12$11,558
Nov 200030640632.215.66$12,153
Oct 2000037031.235.15$1,904
Sep 200014341831.875.19$6,725
Aug 200029141029.644.54$10,487
Jul 2000044428.534.09$1,816
Jun 200031443829.304.40$11,126
May 200028247427.263.68$9,432
Apr 2000043024.513.12$1,340
Mar 200038646828.422.86$12,308
Feb 200013054427.622.73$5,074
Jan 200029061025.272.48$8,841
Dec 199913463224.282.42$4,785
Nov 199929254623.192.43$8,100
Oct 199930444220.982.80$7,617
Sep 199914349021.752.62$4,393
Aug 199930856819.262.88$7,565
Jul 199914866217.892.37$4,218
Jun 199932067615.942.36$6,698
May 199914872615.792.32$4,022
Apr 199931767415.102.21$6,275
Mar 199931178412.471.84$5,319
Feb 19992946109.981.82$4,043
Jan 199913562210.381.90$2,583
Dec 19981538209.201.77$2,862
Nov 199847383210.892.19$6,969
Oct 19981741,12012.421.97$4,367
Sep 199846984412.592.08$7,662
Aug 199834182411.301.91$5,425
Jul 199816382211.742.24$3,753
Jun 199816376211.242.24$3,537
May 199834379212.622.21$6,076
Apr 199833487613.042.51$6,550
Mar 19988641,02412.802.31$13,424
Feb 199801,06413.952.30$2,446
Jan 19981631,33914.702.15$5,281
Dec 19976561,05516.322.41$13,250
Nov 19973341,37918.193.09$10,334
Oct 19974871,79219.253.15$15,019
Sep 19978612,08117.742.95$21,423
Aug 19971,0251,89717.862.55$23,153
Jul 199749892117.582.25$10,824
Jun 1997170017.242.26$2,931
May 1997157018.972.31$2,978
Apr 19970017.882.08$0
Mar 1997161018.951.94$3,051
Feb 1997334020.492.21$6,844
Jan 19970023.483.54$0
Dec 1996173023.32$4,034
Nov 1996168021.97$3,691
Oct 1996171023.31$3,986
Sep 199657022.22$1,267
Aug 1996160020.26$3,242
Jul 1996166019.55$3,245
Jun 1996160018.73$2,997
May 1996159019.43$3,089
Apr 1996170021.51$3,657
Mar 1996165019.38$3,198
Feb 1996168016.98$2,853
Jan 1996165017.07$2,817
Dec 1995171017.19$2,939
Nov 1995173016.00$2,768
Oct 1995340015.43$5,246
Sep 19950016.18$0
Aug 1995159015.92$2,531
Jul 1995329015.24$5,014
Jun 1995160016.41$2,626
May 1995160017.56$2,810
Apr 1995324017.73$5,745
Mar 1995165016.44$2,713
Feb 1995163016.58$2,703
Jan 1995332015.92$5,285
Dec 1994347015.03$5,215
Nov 1994167015.90$2,655
Oct 1994168015.58$2,617
Sep 1994331315.29$5,061
Aug 1994319316.13$5,145
Jul 1994164417.56$2,880
Jun 1994325417.09$5,554
May 1994408115.88$6,479
Apr 1994237114.14$3,351
Mar 1994220112.46$2,741
Feb 1994456112.50$5,700
Jan 199446112.66$582
Dec 1993162112.33$1,997
Nov 1993281114.49$4,072
Oct 1993164015.85$2,599
Sep 1993162115.03$2,435
Aug 1993227115.66$3,555
Jul 1993327115.46$5,055
Jun 1993329116.79$5,524
May 1993166117.68$2,935
Apr 1993333118.05$6,011
Mar 1993165118.14$2,993
Feb 1993337117.90$6,032
Jan 1993330116.93$5,587

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.

Mar 2026 — as filed, then multipliedworked
Oil                  108 bbl  × $ 89.75 =     $9,693
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $9,693

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/21701 is the state's own key, not one this site invented.