REED, W. N. & L. R.

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the HOWARD GLASSCOCK field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2797District 08Field 42971001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.7 M
Jan 1993 – Apr 2012
Value, last 12 filed months
$185 k
at the published price for each month
Months reported
232
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 285 leases and 3,948 wells, and the rule below applies to all of them.

Discovered
1925-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
400 ft
minimum
From a lease line
200 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2008-07-28.

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: HOWARD GLASSCOCK (CONSOLIDATED), EFFECTIVE 11/22/11.

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
OilDisposition105,716 bbl$3,644,647
Casinghead gasProduction19,067 Mcf$31,768
Total$3,676,415

11,510 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 (15)

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 32.0995, -101.2572. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.09860, -101.25586 · 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%
15 of 15 wells
With a plug date
60.0%
9 of 15 wells
Median depth
3,020 ft
14 wells filed one
Completion to plug
15.4 years
median over 6 wells

What the state filed about each well

On the RRC proration schedule
15100.0%
A plug date is filed
960.0%
BothOn the schedule and plugged. Neither fact cancels the other.
960.0%
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

Total depth in feet, 14 of 15 wells. Median 3,020 ft, with the middle half between 1,725 and 3,082 ft; the shallowest is 1,485 ft and the deepest 3,300 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 11 of 15 wells, Apr 1963 – Nov 2022. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 1963 – Nov 2022
11 of 15 wells; 4 filed none
Plug dates filed
Apr 1979 – Sep 2003
9 of 15 wells; 6 filed none

Last completion to plug: a median of 15.4 years across the 6 wells that filed both dates, with the middle half between 14.1 years and 15.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

15 wells

42-2270286622,330 ftJan 1991Yes
42-227028703Yes
42-2270288883,028 ftJun 1993Yes
42-2270289413 A1,523 ftMay 1979Yes
42-2270288473,066 ftNov 2022Yes
42-2270288163,087 ftJun 2015Yes
42-2270287543,035 ftFeb 1991Sep 2003Yes
42-2270288992,975 ftAug 1990Yes
42-2271020610013,102 ftMar 1990Yes
42-2270287853,011 ftJan 1990Sep 2003Yes
42-22734476203,300 ftJan 1990Yes
42-22710211181,485 ftFeb 1964May 1979Yes
42-22710210171,495 ftNov 1963May 1979Yes
42-2270286213,095 ftSep 1963Oct 1994Yes
42-22710207141,500 ftApr 1963Apr 1979Yes

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 (232)

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

232 months

Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011291395.723.31$27,864
Oct 2011320384.983.65$27,205
Sep 20113451183.623.99$28,893
Aug 2011301583.404.15$25,124
Jul 20113641794.144.52$34,344
Jun 2011229592.904.64$21,297
May 2011202298.134.40$19,831
Apr 20113757105.964.33$39,765
Mar 20113561396.364.06$34,357
Feb 2011295185.644.18$25,268
Jan 2011275086.504.59$23,788
Dec 2010357385.734.35$30,619
Nov 2010342580.843.80$27,666
Oct 2010401478.103.51$31,332
Sep 20104051072.633.98$29,455
Aug 2010369073.684.42$27,188
Jul 2010352072.554.74$25,538
Jun 2010364070.364.91$25,611
May 2010407071.124.24$28,946
Apr 2010422081.694.12$34,473
Mar 2010405878.394.39$31,783
Feb 2010393873.585.44$28,960
Jan 20104191074.365.96$31,216
Dec 20093851371.445.48$27,576
Nov 2009416974.593.75$31,063
Oct 20094841372.544.11$35,163
Sep 20094761465.543.06$31,240
Aug 20094731167.423.22$31,925
Jul 20094041561.133.46$24,748
Jun 20095131966.163.90$34,014
May 20095392454.743.93$29,599
Apr 20095573746.773.59$26,184
Mar 20095573442.144.06$23,610
Feb 20094641032.814.63$15,270
Jan 20096083435.865.37$21,985
Dec 20085562437.105.98$20,771
Nov 200819055.496.86$1,054
Oct 200834075.246.92$2,558
Sep 20082651101.767.88$26,974
Aug 20085133114.228.48$58,620
Jul 20084526131.0811.39$59,317
Jun 20081970131.3313.03$25,872
May 20082420123.1711.57$29,807
Apr 20082320110.3110.45$25,592
Mar 200826019101.909.66$26,678
Feb 20081141792.538.77$10,698
Jan 20080090.388.21$0
Dec 200713088.337.30$1,148
Nov 2007128091.677.29$11,734
Oct 2007294082.856.92$24,358
Sep 2007279075.846.24$21,159
Aug 2007289069.066.39$19,958
Jul 2007291070.906.39$20,632
Jun 2007286062.007.55$17,732
May 2007273058.747.85$16,036
Apr 2007269059.617.81$16,035
Mar 2007317456.927.30$18,073
Feb 20073956555.108.22$22,299
Jan 20075385450.306.73$27,425
Dec 20064987456.656.92$28,724
Nov 20064928654.207.62$27,322
Oct 200658912054.906.01$33,058
Sep 20063506660.085.04$21,360
Aug 20063005168.717.34$20,987
Jul 20063012069.376.34$21,007
Jun 20063943166.286.38$26,312
May 20065796366.016.42$38,625
Apr 20065553664.397.36$36,001
Mar 20065956056.707.08$34,161
Feb 20063223457.597.75$18,808
Jan 20065255860.598.93$32,328
Dec 20054954254.9413.42$27,759
Nov 20054134854.6910.59$23,095
Oct 20055285158.3413.80$31,507
Sep 20055014261.4512.08$31,294
Aug 2005389061.519.80$23,927
Jul 20055556755.697.84$31,433
Jun 20055267252.337.38$28,057
May 20055917145.226.65$27,197
Apr 20055966449.207.36$29,794
Mar 20055456250.377.15$27,895
Feb 20054475545.226.31$20,561
Jan 20054813843.166.32$21,000
Dec 20044635839.866.75$18,847
Nov 20043896145.286.33$18,000
Oct 20043495649.706.52$17,710
Sep 20041426643.245.28$6,489
Aug 20043706242.375.55$16,021
Jul 20043666438.286.08$14,400
Jun 20044075536.106.43$15,047
May 20045497737.486.49$21,077
Apr 20044714434.475.86$16,493
Mar 20044214734.365.53$14,725
Feb 20044211032.455.51$13,717
Jan 20044732632.036.30$15,314
Dec 20034214830.266.30$13,042
Nov 20035135328.804.60$15,018
Oct 20035144428.174.76$14,689
Sep 20035421426.314.75$14,327
Aug 20034673629.765.13$14,083
Jul 20036446029.415.17$19,250
Jun 20035494428.565.98$15,943
May 20033132726.595.97$8,484
Apr 20033162826.675.41$8,579
Mar 20032971431.146.10$9,334
Feb 20032732533.487.93$9,338
Jan 20033274130.315.58$10,140
Dec 20023354326.914.85$9,224
Nov 20023735724.664.14$9,434
Oct 20023545926.464.23$9,616
Sep 20023355927.443.64$9,407
Aug 20023666525.963.16$9,707
Jul 20023366124.583.06$8,446
Jun 20023666123.733.34$8,889
May 20023705224.663.58$9,311
Apr 20023524823.653.51$8,493
Mar 20024525222.003.10$10,105
Feb 20023504318.222.38$6,479
Jan 20022824417.172.38$4,946
Dec 20013285016.932.36$5,671
Nov 20013115018.072.41$5,740
Oct 20013166919.782.53$6,425
Sep 20012263824.262.25$5,568
Aug 20012714424.873.05$6,874
Jul 20013677323.933.20$9,016
Jun 20013645124.563.82$9,135
May 20013883525.524.31$10,053
Apr 20013745524.685.34$9,524
Mar 20012791024.545.38$6,900
Feb 2001204027.755.77$5,661
Jan 2001261027.478.40$7,170
Dec 2000222026.889.12$5,967
Nov 2000226032.215.66$7,279
Oct 2000261031.235.15$8,151
Sep 20002721431.875.19$8,741
Aug 20002672129.644.54$8,009
Jul 20002354228.534.09$6,876
Jun 20002304729.304.40$6,946
May 20003915727.263.68$10,868
Apr 20003854824.513.12$9,586
Mar 20002244328.422.86$6,489
Feb 2000158827.622.73$4,386
Jan 20003413625.272.48$8,706
Dec 19992975924.282.42$7,354
Nov 19993266623.192.43$7,721
Oct 19993496420.982.80$7,501
Sep 19992712821.752.62$5,968
Aug 19993472419.262.88$6,752
Jul 19993934817.892.37$7,145
Jun 19995165615.942.36$8,357
May 19992743815.792.32$4,415
Apr 19992214215.102.21$3,430
Mar 19992583712.471.84$3,285
Feb 1999197359.981.82$2,030
Jan 19992123410.381.90$2,265
Dec 1998349629.201.77$3,321
Nov 19985797110.892.19$6,461
Oct 19984707412.421.97$5,983
Sep 199840811012.592.08$5,366
Aug 199846111411.301.91$5,427
Jul 199864512411.742.24$7,850
Jun 199840710911.242.24$4,819
May 199861712012.622.21$8,051
Apr 199840511413.042.51$5,567
Mar 199860813312.802.31$8,090
Feb 199863110813.952.30$9,051
Jan 19983695314.702.15$5,539
Dec 19973884016.322.41$6,429
Nov 19973885118.193.09$7,215
Oct 19974557519.253.15$8,995
Sep 199758612517.742.95$10,765
Aug 199747212817.862.55$8,757
Jul 199750016317.582.25$9,156
Jun 199748815017.242.26$8,752
May 199762616518.972.31$12,256
Apr 199758415317.882.08$10,761
Mar 199763115918.951.94$12,266
Feb 199764314020.492.21$13,484
Jan 199769413823.483.54$16,784
Dec 199673313723.32$17,094
Nov 199677019321.97$16,917
Oct 199677117523.31$17,972
Sep 199680017522.22$17,776
Aug 199689818920.26$18,193
Jul 199686716619.55$16,950
Jun 199659915418.73$11,219
May 199678118219.43$15,175
Apr 199684419821.51$18,154
Mar 199679822219.38$15,465
Feb 199675220416.98$12,769
Jan 199677822117.07$13,280
Dec 199582522917.19$14,182
Nov 19951,00122216.00$16,016
Oct 199586125115.43$13,285
Sep 1995552116.18$8,931
Aug 199579621515.92$12,672
Jul 199574522315.24$11,354
Jun 199562422416.41$10,240
May 199556120917.56$9,851
Apr 199567021817.73$11,879
Mar 199577222116.44$12,692
Feb 199583121616.58$13,778
Jan 199585723215.92$13,643
Dec 199485421915.03$12,836
Nov 199458824015.90$9,349
Oct 199478115015.58$12,168
Sep 199466520015.29$10,168
Aug 199473224916.13$11,807
Jul 199479626317.56$13,978
Jun 199485319117.09$14,578
May 199489726015.88$14,244
Apr 199488624814.14$12,528
Mar 199472222412.46$8,996
Feb 199458521412.50$7,313
Jan 199474923712.66$9,482
Dec 199382425612.33$10,160
Nov 199367726214.49$9,810
Oct 199380531215.85$12,759
Sep 199375332015.03$11,318
Aug 199377934415.66$12,199
Jul 199392235315.46$14,254
Jun 199389635516.79$15,044
May 199386435017.68$15,276
Apr 199365432718.05$11,805
Mar 199379650218.14$14,439
Feb 199374341717.90$13,300
Jan 199348734016.93$8,245

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.

Nov 2011 — as filed, then multipliedworked
Oil                  291 bbl  × $ 95.72 =    $27,855
Casinghead gas         3 Mcf  × $  3.31 =        $10

────────────────────────────────────────────────────
Month total                                  $27,864

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/2797 is the state's own key, not one this site invented.