REED -13-

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 23118District 08Field 56294666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$42 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
OilDisposition34,293 bbl$1,577,618
Casinghead gasProduction182,290 Mcf$332,878
Total$1,910,497

104,579 Mcf of this lease's gas, across 28 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 (6)

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 31.0913, -102.9006. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.09053, -102.90072 · 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
33.3%
2 of 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
3,153 ft
6 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
233.3%
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.
466.7%

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 3,060 and 3,220 ft, median 3,153 ft, over the 6 wells that filed a depth.

Completions filed
Jan 1969 – May 2016
6 of 6 wells

6 wells

42-3713935163,100 ftMay 2016
42-3713935053,060 ftDec 2015
42-3713648143,125 ftMar 1995Yes
42-3713643033,180 ftSep 1994Yes
42-3713025023,220 ftJan 1970
42-3711138013,202 ftJan 1969

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 2026145059.138.00$8,574
Dec 20250056.664.41$0
Nov 2025111058.593.93$6,503
Oct 20250059.383.30$0
Sep 2025133062.743.08$8,344
Aug 2025153063.933.01$9,781
Jul 2025136066.743.32$9,077
Jun 20250066.483.13$0
May 2025269060.553.23$16,288
Apr 2025163062.363.54$10,165
Mar 2025322067.704.27$21,799
Feb 20250070.884.34$0
Jan 2025168074.324.28$12,486
Dec 20240068.993.12$0
Nov 2024158069.052.20$10,910
Oct 2024182071.372.28$12,989
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 2023169071.262.61$12,043
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023152080.522.67$12,239
Jul 2023319074.852.64$23,877
Jun 20230068.962.26$0
May 2023313070.622.23$22,104
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023161075.112.47$12,093
Jan 20230076.533.39$0
Dec 2022310076.415.73$23,687
Nov 2022160085.005.65$13,600
Oct 20220087.185.86$0
Sep 2022334084.888.16$28,350
Aug 2022168094.529.13$15,879
Jul 20221650101.587.54$16,761
Jun 20221670115.097.98$19,220
May 20223410109.378.43$37,295
Apr 20223250104.226.84$33,872
Mar 20224810108.885.08$52,371
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 2021161069.865.35$11,247
Aug 2021325066.024.22$21,457
Jul 20210070.783.98$0
Jun 2021336069.493.38$23,349
May 2021174063.483.02$11,046
Apr 2021328060.362.76$19,798
Mar 2021172061.302.72$10,544
Feb 2021319057.805.55$18,438
Jan 2021330050.412.81$16,635
Dec 2020517044.642.68$23,079
Nov 2020171038.772.71$6,630
Oct 2020353036.972.48$13,050
Sep 2020178037.091.99$6,602
Aug 2020187039.982.39$7,476
Jul 2020355038.371.83$13,621
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020518049.881.98$25,838
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019152055.052.66$8,368
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 20180063.842.90$0
Mar 201815232561.222.79$10,211
Feb 201830319061.782.77$19,245
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20171684249.292.98$8,406
Sep 201706847.523.09$210
Aug 2017010345.373.00$309
Jul 201715213343.873.09$7,079
Jun 201727910742.493.09$12,185
May 201712849145.373.26$7,410
Apr 201715342947.933.21$8,711
Mar 201716049846.772.98$8,969
Feb 201727843650.452.95$15,312
Jan 2017058049.413.42$1,983
Dec 2016463048.763.72$22,576
Nov 20163111,06642.492.64$16,033
Oct 201631767846.193.09$16,737
Sep 2016049741.553.10$1,541
Aug 201631092641.442.92$15,554
Jul 20165081,65941.622.92$25,994
Jun 20169931,20545.352.69$48,269
May 201648667842.521.99$22,015
Apr 201634334236.561.99$13,221
Mar 201658229933.011.79$19,748
Feb 201684160926.472.06$23,518
Jan 201667075427.352.36$20,107
Dec 201553575832.362.00$18,830
Nov 2015060838.792.17$1,318
Oct 20158220143.552.43$4,059
Sep 201501142.992.76$30
Aug 20150140.162.87$3
Jul 20150348.152.95$9
Jun 201502256.152.88$63
May 201505955.212.96$174
Apr 201505749.822.71$154
Mar 20151585242.892.93$6,929
Feb 201505544.662.98$164
Jan 201506343.433.10$195
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014012478.303.90$484
Sep 201405886.164.05$235
Aug 201409889.394.04$395
Jul 20148910796.564.18$9,041
Jun 2014012198.164.74$573
May 20149115994.734.73$9,372
Apr 2014015695.944.81$750
Mar 20149015995.895.06$9,434
Feb 20140097.406.19$0
Jan 2014164090.404.86$14,826
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 2013760102.523.72$7,792
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20139027993.964.28$9,651
Mar 2013030393.623.91$1,186
Feb 20138425391.233.42$8,529
Jan 2013024591.603.42$838
Dec 2012026686.773.42$910
Nov 20129024986.953.62$8,728
Oct 20127830189.383.40$7,995
Sep 2012031694.672.92$922
Aug 20129132192.662.91$9,366
Jul 20128934885.133.02$8,628
Jun 2012032479.822.52$816
May 20126030591.612.49$6,256
Apr 20120114101.652.00$228
Mar 201239174105.052.22$4,484
Feb 20120108101.102.57$278
Jan 20121247198.092.73$12,357
Dec 201109196.873.24$295
Nov 201109295.723.31$305
Oct 2011050284.983.65$1,832
Sep 2011046983.623.99$1,869
Aug 20114343583.404.15$5,391
Jul 20115244794.144.52$6,914
Jun 2011039492.904.64$1,828
May 2011011198.134.40$489
Apr 201116743105.964.33$17,882
Mar 201106396.364.06$256
Feb 20118310585.644.18$7,547
Jan 201107786.504.59$353
Dec 2010657785.734.35$5,907
Nov 201004880.843.80$182
Oct 2010619878.103.51$5,108
Sep 20105511172.633.98$4,436
Aug 2010011473.684.42$504
Jul 20105511472.554.74$4,530
Jun 20105610070.364.91$4,431
May 2010010471.124.24$440
Apr 20106110481.694.12$5,412
Mar 20107210778.394.39$6,114
Feb 20106213373.585.44$5,286
Jan 2010014374.365.96$853
Dec 20095113771.445.48$4,395
Nov 20095413074.593.75$4,516
Oct 20095413872.544.11$4,484
Sep 20095412565.543.06$3,922
Aug 2009013867.423.22$444
Jul 20095611561.133.46$3,822
Jun 2009546866.163.90$3,838
May 2009549154.743.93$3,313
Apr 200906846.773.59$244
Mar 20095815942.144.06$3,090
Feb 2009013932.814.63$644
Jan 20097615435.865.37$3,552
Dec 20086917037.105.98$3,576
Nov 20086117655.496.86$4,592
Oct 2008011475.246.92$789
Sep 200858146101.767.88$7,052
Aug 200854188114.228.48$7,763
Jul 200855152131.0811.39$8,941
Jun 200854218131.3313.03$9,933
May 200853207123.1711.57$8,924
Apr 20080234110.3110.45$2,446
Mar 200851251101.909.66$7,623
Feb 20084822692.538.77$6,424
Jan 2008027790.388.21$2,273
Dec 20074927088.337.30$6,300
Nov 20075025891.677.29$6,465
Oct 20075326082.856.92$6,191
Sep 20074918675.846.24$4,878
Aug 20075020869.066.39$4,782
Jul 2007015870.906.39$1,009
Jun 20075722962.007.55$5,263
May 2007018658.747.85$1,459
Apr 20075217059.617.81$4,427
Mar 20075323556.927.30$4,733
Feb 200711319155.108.22$7,796
Jan 2007020850.306.73$1,399
Dec 20067720856.656.92$5,801
Nov 2006026854.207.62$2,041
Oct 20065618654.906.01$4,193
Sep 20066427260.085.04$5,215
Aug 20066623668.717.34$6,267
Jul 20064928669.376.34$5,213
Jun 20064855166.286.38$6,699
May 20065045266.016.42$6,205
Apr 20064048564.397.36$6,145
Mar 20064453256.707.08$6,263
Feb 20064156557.597.75$6,741
Jan 2006048860.598.93$4,359
Dec 20053540454.9413.42$7,343
Nov 20054552054.6910.59$7,967
Oct 20055260058.3413.80$11,311
Sep 20054460161.4512.08$9,963
Aug 20053361761.519.80$8,074
Jul 20053139355.697.84$4,809
Jun 20053147152.337.38$5,099
May 2005033945.226.65$2,255
Apr 20053735949.207.36$4,463
Mar 20053936650.377.15$4,583
Feb 2005036345.226.31$2,291
Jan 20054238043.166.32$4,215
Dec 20044139039.866.75$4,267
Nov 20047041945.286.33$5,822
Oct 20044030449.706.52$3,969
Sep 2004036443.245.28$1,923
Aug 20046033042.375.55$4,374
Jul 20042733938.286.08$3,096
Jun 2004032536.106.43$2,091
May 20042624437.486.49$2,559
Apr 20042226234.475.86$2,293
Mar 2004234334.365.53$1,028
Feb 200404332.455.51$237
Jan 2004215432.036.30$1,013
Dec 2003375530.266.30$1,466
Nov 200305728.804.60$262
Oct 2003197428.174.76$887
Sep 2003115426.314.75$546
Aug 2003287329.765.13$1,208
Jul 200307629.415.17$393
Jun 2003183728.565.98$735
May 2003183726.595.97$700
Apr 20031639926.675.41$2,584
Mar 20032143731.146.10$3,318
Feb 2003040133.487.93$3,178
Jan 20032349830.315.58$3,477
Dec 20023948826.914.85$3,418
Nov 20024023824.664.14$1,971
Oct 20023633226.464.23$2,357
Sep 20028030627.443.64$3,308
Aug 2002032625.963.16$1,032
Jul 20023932724.583.06$1,960
Jun 2002030823.733.34$1,028
May 20024033224.663.58$2,176
Apr 20023933923.653.51$2,113
Mar 20024035122.003.10$1,969
Feb 20024133318.222.38$1,538
Jan 20023739717.172.38$1,578
Dec 20013940716.932.36$1,623
Nov 20013739018.072.41$1,607
Oct 20013930319.782.53$1,538
Sep 20013234824.262.25$1,560
Aug 20017837124.873.05$3,073
Jul 2001038223.933.20$1,221
Jun 20014026124.563.82$1,981
May 20014134525.524.31$2,532
Apr 20013936024.685.34$2,883
Mar 20013838824.545.38$3,019
Feb 20014132927.755.77$3,035
Jan 20014241027.478.40$4,597
Dec 2000041326.889.12$3,768
Nov 20008140632.215.66$4,906
Oct 20004039831.235.15$3,297
Sep 20003940031.875.19$3,318
Aug 20003741229.644.54$2,967
Jul 20002240828.534.09$2,296
Jun 2000038229.304.40$1,680
May 200013542227.263.68$5,233
Apr 20004641424.513.12$2,417
Mar 20004148628.422.86$2,555
Feb 2000846927.622.73$1,500
Jan 2000048525.272.48$1,203
Dec 19994542624.282.42$2,125
Nov 19998645123.192.43$3,092
Oct 1999043620.982.80$1,222
Sep 19993938021.752.62$1,843
Aug 19995744719.262.88$2,383
Jul 19997649217.892.37$2,527
Jun 19995046615.942.36$1,898
May 199918848515.792.32$4,094
Apr 199912551515.102.21$3,025
Mar 1999058312.471.84$1,072
Feb 19991424259.981.82$2,190
Jan 199919782110.381.90$3,605
Dec 199801,0569.201.77$1,873
Nov 19984651,11110.892.19$7,492
Oct 19981621,13012.421.97$4,237
Sep 19982471,07312.592.08$5,344
Aug 19981681,00411.301.91$3,813
Jul 199801,04811.742.24$2,345
Jun 199815087911.242.24$3,653
May 199811625612.622.21$2,029
Apr 19985937913.042.51$1,719
Mar 19985146912.802.31$1,736
Feb 19985662213.952.30$2,211
Jan 1998076814.702.15$1,655
Dec 19977156216.322.41$2,514
Nov 19973672318.193.09$2,888
Oct 19973079219.253.15$3,072
Sep 19974971417.742.95$2,979
Aug 1997069317.862.55$1,770
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19972824920.492.21$1,123
Jan 19971710723.483.54$778
Dec 199622023.32$513
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19961019.43$19
Apr 19964021.51$86
Mar 19960019.38$0
Feb 199647016.98$798
Jan 199631017.07$529
Dec 19952017.19$34
Nov 19951016.00$16
Oct 199522015.43$339
Sep 199547016.18$760
Aug 199524015.92$382
Jul 1995775,13915.24$1,173
Jun 1995502,95516.41$821
May 19951076,55117.56$1,879
Apr 19951143,60617.73$2,021
Mar 19952111,78416.44$3,469
Feb 199533219,82916.58$5,505
Jan 199534521,31215.92$5,492
Dec 199449019,45215.03$7,365
Nov 199463217,84315.90$10,049
Oct 19946646,08815.58$10,345
Sep 19940015.29$0
Aug 1994526016.13$8,484
Jul 1994166217.56$2,915
Jun 1994164217.09$2,803
May 1994153115.88$2,430
Apr 1994292114.14$4,129
Mar 1994552112.46$6,878
Feb 1994721112.50$9,013
Jan 1994105112.66$1,329
Dec 1993153112.33$1,886
Nov 19930114.49$0
Oct 19930015.85$0
Sep 19930115.03$0
Aug 1993164115.66$2,568
Jul 19930115.46$0
Jun 1993164116.79$2,754
May 19930117.68$0
Apr 1993166118.05$2,996
Mar 19930118.14$0
Feb 1993163117.90$2,918
Jan 19930116.93$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.

Jan 2026 — as filed, then multipliedworked
Oil                  145 bbl  × $ 59.13 =     $8,574
Casinghead gas         0 Mcf  × $  8.00 =         $0

────────────────────────────────────────────────────
Month total                                   $8,574

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/23118 is the state's own key, not one this site invented.