REED, ELIZABETH

Name: REED, ELIZABETH lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FINLEY RESOURCES, INC. (P-5 268602) in the ATHEY (WOLFCAMP 10900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21758District 08Field 04228664OilCasinghead gasSave Export

Value, all time

$5.0 M

Jan 1993 – Mar 2008

Value, last 12 filed months

at the published price for each month

Months reported

183

no gaps in the span

Streams

oil, casinghead gas

The ATHEY (WOLFCAMP 10900) field

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 28 wells, and the rule below applies to all of them.

Discovered

1967-05-02

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,867 ft

minimum

From a lease line

933 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1991-02-01.

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.

Stream	Basis	Volume	Value
Oil	Disposition	25,727 bbl	$550,893
Casinghead gas	Production	1,709,323 Mcf	$4,430,181
Total			$4,981,074

679,509 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 31.1990, -102.9856. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.19904, -102.98562 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

12,051 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 12,051 ft.

Completions filed

Jan 1971

1 of 1 wells

1 well


42-37120101	1	12,051 ft	Jan 1971	—	Yes

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 (183)

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

183 months


Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	555	0	55.10	8.22	$30,581
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	6,410	68.71	7.34	$47,049
Jul 2006	0	7,179	69.37	6.34	$45,535
Jun 2006	0	7,043	66.28	6.38	$44,962
May 2006	337	7,888	66.01	6.42	$72,926
Apr 2006	177	7,158	64.39	7.36	$64,083
Mar 2006	0	6,800	56.70	7.08	$48,164
Feb 2006	0	6,290	57.59	7.75	$48,755
Jan 2006	0	7,059	60.59	8.93	$63,060
Dec 2005	0	6,351	54.94	13.42	$85,201
Nov 2005	0	5,068	54.69	10.59	$53,662
Oct 2005	66	7,977	58.34	13.80	$113,899
Sep 2005	0	6,311	61.45	12.08	$76,231
Aug 2005	0	7,746	61.51	9.80	$75,886
Jul 2005	0	7,746	55.69	7.84	$60,757
Jun 2005	0	7,424	52.33	7.38	$54,797
May 2005	367	7,720	45.22	6.65	$67,943
Apr 2005	0	7,660	49.20	7.36	$56,381
Mar 2005	0	7,927	50.37	7.15	$56,717
Feb 2005	0	7,004	45.22	6.31	$44,209
Jan 2005	0	7,475	43.16	6.32	$47,258
Dec 2004	0	7,055	39.86	6.75	$47,629
Nov 2004	0	7,342	45.28	6.33	$46,478
Oct 2004	0	7,962	49.70	6.52	$51,873
Sep 2004	0	6,650	43.24	5.28	$35,138
Aug 2004	174	8,426	42.37	5.55	$54,142
Jul 2004	0	7,682	38.28	6.08	$46,739
Jun 2004	165	8,157	36.10	6.43	$58,431
May 2004	0	7,151	37.48	6.49	$46,443
Apr 2004	0	7,922	34.47	5.86	$46,411
Mar 2004	172	8,362	34.36	5.53	$52,153
Feb 2004	0	7,802	32.45	5.51	$42,986
Jan 2004	175	8,691	32.03	6.30	$60,355
Dec 2003	163	8,641	30.26	6.30	$59,385
Nov 2003	0	8,022	28.80	4.60	$36,862
Oct 2003	0	9,410	28.17	4.76	$44,788
Sep 2003	155	7,759	26.31	4.75	$40,928
Aug 2003	166	8,712	29.76	5.13	$49,630
Jul 2003	0	9,340	29.41	5.17	$48,296
Jun 2003	171	7,758	28.56	5.98	$51,300
May 2003	172	9,695	26.59	5.97	$62,479
Apr 2003	175	7,605	26.67	5.41	$45,790
Mar 2003	0	8,442	31.14	6.10	$51,463
Feb 2003	0	7,631	33.48	7.93	$60,482
Jan 2003	177	8,260	30.31	5.58	$51,473
Dec 2002	166	8,059	26.91	4.85	$43,584
Nov 2002	0	8,475	24.66	4.14	$35,061
Oct 2002	388	8,326	26.46	4.23	$45,478
Sep 2002	179	7,859	27.44	3.64	$33,481
Aug 2002	0	7,693	25.96	3.16	$24,342
Jul 2002	0	7,621	24.58	3.06	$23,334
Jun 2002	385	8,879	23.73	3.34	$38,776
May 2002	0	6,468	24.66	3.58	$23,181
Apr 2002	0	7,625	23.65	3.51	$26,781
Mar 2002	0	8,295	22.00	3.10	$25,737
Feb 2002	0	7,991	18.22	2.38	$18,984
Jan 2002	565	9,523	17.17	2.38	$32,325
Dec 2001	0	7,814	16.93	2.36	$18,475
Nov 2001	0	8,302	18.07	2.41	$19,971
Oct 2001	351	10,022	19.78	2.53	$32,287
Sep 2001	187	8,924	24.26	2.25	$24,627
Aug 2001	0	8,251	24.87	3.05	$25,192
Jul 2001	0	9,322	23.93	3.20	$29,803
Jun 2001	177	9,742	24.56	3.82	$41,602
May 2001	0	10,178	25.52	4.31	$43,840
Apr 2001	0	10,345	24.68	5.34	$55,194
Mar 2001	729	9,771	24.54	5.38	$70,423
Feb 2001	183	9,240	27.75	5.77	$58,366
Jan 2001	180	10,247	27.47	8.40	$91,007
Dec 2000	0	2,959	26.88	9.12	$26,993
Nov 2000	0	9,925	32.21	5.66	$56,156
Oct 2000	194	9,610	31.23	5.15	$55,507
Sep 2000	0	7,383	31.87	5.19	$38,292
Aug 2000	0	8,701	29.64	4.54	$39,509
Jul 2000	0	8,716	28.53	4.09	$35,646
Jun 2000	178	8,471	29.30	4.40	$42,465
May 2000	185	8,802	27.26	3.68	$37,432
Apr 2000	0	8,675	24.51	3.12	$27,031
Mar 2000	384	9,099	28.42	2.86	$36,934
Feb 2000	110	8,659	27.62	2.73	$26,647
Jan 2000	199	9,277	25.27	2.48	$28,040
Dec 1999	0	9,414	24.28	2.42	$22,817
Nov 1999	200	10,575	23.19	2.43	$30,377
Oct 1999	187	8,880	20.98	2.80	$28,820
Sep 1999	359	7,979	21.75	2.62	$28,704
Aug 1999	0	9,520	19.26	2.88	$27,376
Jul 1999	0	10,536	17.89	2.37	$24,995
Jun 1999	0	7,861	15.94	2.36	$18,568
May 1999	168	9,497	15.79	2.32	$24,695
Apr 1999	0	10,351	15.10	2.21	$22,856
Mar 1999	0	9,710	12.47	1.84	$17,850
Feb 1999	186	8,634	9.98	1.82	$17,551
Jan 1999	178	9,260	10.38	1.90	$19,441
Dec 1998	0	7,640	9.20	1.77	$13,548
Nov 1998	182	8,288	10.89	2.19	$20,097
Oct 1998	0	9,479	12.42	1.97	$18,666
Sep 1998	0	10,118	12.59	2.08	$21,072
Aug 1998	697	10,953	11.30	1.91	$28,767
Jul 1998	0	10,603	11.74	2.24	$23,722
Jun 1998	0	9,559	11.24	2.24	$21,386
May 1998	0	10,628	12.62	2.21	$23,449
Apr 1998	0	9,624	13.04	2.51	$24,111
Mar 1998	358	12,156	12.80	2.31	$32,656
Feb 1998	0	11,106	13.95	2.30	$25,534
Jan 1998	352	12,318	14.70	2.15	$31,717
Dec 1997	0	12,097	16.32	2.41	$29,167
Nov 1997	367	11,890	18.19	3.09	$43,395
Oct 1997	0	12,814	19.25	3.15	$40,362
Sep 1997	375	12,693	17.74	2.95	$44,159
Aug 1997	0	12,835	17.86	2.55	$32,790
Jul 1997	363	12,758	17.58	2.25	$35,048
Jun 1997	0	12,231	17.24	2.26	$27,608
May 1997	364	12,946	18.97	2.31	$36,791
Apr 1997	0	12,581	17.88	2.08	$26,203
Mar 1997	0	13,122	18.95	1.94	$25,445
Feb 1997	359	10,837	20.49	2.21	$31,261
Jan 1997	0	12,359	23.48	3.54	$43,747
Dec 1996	381	12,802	23.32	—	$8,885
Nov 1996	0	12,144	21.97	—	$0
Oct 1996	376	12,544	23.31	—	$8,765
Sep 1996	0	12,123	22.22	—	$0
Aug 1996	0	12,232	20.26	—	$0
Jul 1996	369	14,099	19.55	—	$7,214
Jun 1996	0	10,478	18.73	—	$0
May 1996	0	12,573	19.43	—	$0
Apr 1996	383	12,092	21.51	—	$8,238
Mar 1996	391	13,336	19.38	—	$7,578
Feb 1996	0	12,067	16.98	—	$0
Jan 1996	381	13,445	17.07	—	$6,504
Dec 1995	0	12,330	17.19	—	$0
Nov 1995	383	13,203	16.00	—	$6,128
Oct 1995	375	12,394	15.43	—	$5,786
Sep 1995	0	13,075	16.18	—	$0
Aug 1995	186	13,293	15.92	—	$2,961
Jul 1995	370	13,696	15.24	—	$5,639
Jun 1995	355	13,694	16.41	—	$5,826
May 1995	0	14,845	17.56	—	$0
Apr 1995	378	10,044	17.73	—	$6,702
Mar 1995	380	14,693	16.44	—	$6,247
Feb 1995	0	13,330	16.58	—	$0
Jan 1995	381	15,129	15.92	—	$6,066
Dec 1994	399	14,721	15.03	—	$5,997
Nov 1994	366	14,173	15.90	—	$5,819
Oct 1994	191	17,094	15.58	—	$2,976
Sep 1994	187	16,761	15.29	—	$2,859
Aug 1994	348	15,234	16.13	—	$5,613
Jul 1994	0	15,634	17.56	—	$0
Jun 1994	366	16,133	17.09	—	$6,255
May 1994	370	16,059	15.88	—	$5,876
Apr 1994	348	15,464	14.14	—	$4,921
Mar 1994	368	17,620	12.46	—	$4,585
Feb 1994	362	10,650	12.50	—	$4,525
Jan 1994	376	7,966	12.66	—	$4,760
Dec 1993	381	15,984	12.33	—	$4,698
Nov 1993	0	11,308	14.49	—	$0
Oct 1993	768	16,482	15.85	—	$12,173
Sep 1993	393	16,320	15.03	—	$5,907
Aug 1993	318	16,570	15.66	—	$4,980
Jul 1993	351	16,726	15.46	—	$5,426
Jun 1993	342	16,076	16.79	—	$5,742
May 1993	246	16,494	17.68	—	$4,349
Apr 1993	321	16,313	18.05	—	$5,794
Mar 1993	308	16,836	18.14	—	$5,587
Feb 1993	434	15,463	17.90	—	$7,769
Jan 1993	293	17,767	16.93	—	$4,960

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.

Feb 2007 — as filed, then multipliedworked

Oil                  555 bbl  × $ 55.10 =    $30,581
Casinghead gas         0 Mcf  × $  8.22 =         $0

────────────────────────────────────────────────────
Month total                                  $30,581

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/21758 is the state's own key, not one this site invented.