REEVES -BJ- FEE

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

Operated by EAGLE ROCK OPERATING COMPANY,LLC (P-5 238710) in the MATTHEWS (LOWER CHERRY CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29214District 08Field 58327500NGPA filingOilCasinghead gasSave Export

Value, all time

$548 k

Jan 1993 – May 2008

Value, last 12 filed months

$36 k

at the published price for each month

Months reported

185

no gaps in the span

Streams

oil, casinghead gas

The MATTHEWS (LOWER CHERRY CANYON) 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 19 leases and 35 wells, and the rule below applies to all of them.

Discovered

1984-05-18

as the register files it

Field class

Oil

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 20 acres. The field rule took effect on 1999-04-01.

The Commission's schedule remark for this field reads: “OPTIONAL ACRES 20, 1500 DIAG.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	3	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	24,397 bbl	$533,126
Casinghead gas	Production	36,646 Mcf	$15,027
Total			$548,153

31,402 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 (2)

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 31.8868, -103.9008. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.88676, -103.90084 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

4,513 ft

2 wells filed one

Completion to plug

6.7 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

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

2100.0%

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

Between 4,500 and 4,525 ft, median 4,513 ft, over the 2 wells that filed a depth.

Completions filed

Jun 2013

2 of 2 wells

Plug dates filed

Aug 2014 – Aug 2025

2 of 2 wells

Last completion to plug: a median of 6.7 years across the 2 wells that filed both dates, with the middle half between 3.9 years and 9.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-38931705	2	4,525 ft	Jun 2013	Aug 2025	Yes
42-38931524	1	4,500 ft	Jun 2013	Aug 2014	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 (185)

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

185 months


May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
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	344	0	75.84	6.24	$26,089
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	153	0	62.00	7.55	$9,486
May 2007	181	0	58.74	7.85	$10,632
Apr 2007	182	0	59.61	7.81	$10,849
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	172	0	55.10	8.22	$9,477
Jan 2007	179	0	50.30	6.73	$9,004
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	0	68.71	7.34	$0
Jul 2006	319	0	69.37	6.34	$22,129
Jun 2006	0	0	66.28	6.38	$0
May 2006	174	0	66.01	6.42	$11,486
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	157	0	55.69	7.84	$8,743
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	108	0	39.86	6.75	$4,305
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	122	0	42.37	5.55	$5,169
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	106	0	30.26	6.30	$3,208
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	132	0	29.76	5.13	$3,928
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	139	0	26.59	5.97	$3,696
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	143	0	33.48	7.93	$4,788
Jan 2003	176	0	30.31	5.58	$5,335
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	139	0	24.66	4.14	$3,428
Oct 2002	181	0	26.46	4.23	$4,789
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	138	0	25.96	3.16	$3,582
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	158	0	23.73	3.34	$3,749
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	61	22.00	3.10	$189
Feb 2002	0	159	18.22	2.38	$378
Jan 2002	0	35	17.17	2.38	$83
Dec 2001	0	51	16.93	2.36	$121
Nov 2001	0	52	18.07	2.41	$125
Oct 2001	0	21	19.78	2.53	$53
Sep 2001	0	235	24.26	2.25	$529
Aug 2001	163	21	24.87	3.05	$4,118
Jul 2001	0	155	23.93	3.20	$496
Jun 2001	0	44	24.56	3.82	$168
May 2001	0	50	25.52	4.31	$215
Apr 2001	166	47	24.68	5.34	$4,348
Mar 2001	0	36	24.54	5.38	$194
Feb 2001	0	70	27.75	5.77	$404
Jan 2001	179	116	27.47	8.40	$5,891
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	60	31.23	5.15	$309
Sep 2000	155	19	31.87	5.19	$5,038
Aug 2000	189	0	29.64	4.54	$5,602
Jul 2000	0	149	28.53	4.09	$609
Jun 2000	151	73	29.30	4.40	$4,745
May 2000	133	61	27.26	3.68	$3,850
Apr 2000	190	72	24.51	3.12	$4,881
Mar 2000	178	65	28.42	2.86	$5,245
Feb 2000	191	47	27.62	2.73	$5,404
Jan 2000	0	164	25.27	2.48	$407
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	193	83	23.19	2.43	$4,678
Oct 1999	178	121	20.98	2.80	$4,074
Sep 1999	185	0	21.75	2.62	$4,024
Aug 1999	156	194	19.26	2.88	$3,562
Jul 1999	178	87	17.89	2.37	$3,391
Jun 1999	184	83	15.94	2.36	$3,129
May 1999	180	45	15.79	2.32	$2,947
Apr 1999	0	115	15.10	2.21	$254
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	14	10.38	1.90	$27
Dec 1998	169	47	9.20	1.77	$1,638
Nov 1998	160	139	10.89	2.19	$2,046
Oct 1998	328	204	12.42	1.97	$4,475
Sep 1998	190	49	12.59	2.08	$2,494
Aug 1998	183	65	11.30	1.91	$2,192
Jul 1998	0	79	11.74	2.24	$177
Jun 1998	370	73	11.24	2.24	$4,322
May 1998	191	76	12.62	2.21	$2,578
Apr 1998	192	94	13.04	2.51	$2,739
Mar 1998	174	212	12.80	2.31	$2,717
Feb 1998	198	56	13.95	2.30	$2,891
Jan 1998	137	140	14.70	2.15	$2,316
Dec 1997	0	110	16.32	2.41	$265
Nov 1997	174	176	18.19	3.09	$3,709
Oct 1997	339	117	19.25	3.15	$6,894
Sep 1997	366	115	17.74	2.95	$6,833
Aug 1997	0	84	17.86	2.55	$215
Jul 1997	174	136	17.58	2.25	$3,365
Jun 1997	152	144	17.24	2.26	$2,946
May 1997	157	121	18.97	2.31	$3,258
Apr 1997	172	36	17.88	2.08	$3,150
Mar 1997	174	87	18.95	1.94	$3,466
Feb 1997	168	121	20.49	2.21	$3,709
Jan 1997	346	158	23.48	3.54	$8,683
Dec 1996	174	62	23.32	—	$4,058
Nov 1996	173	171	21.97	—	$3,801
Oct 1996	172	108	23.31	—	$4,009
Sep 1996	174	94	22.22	—	$3,866
Aug 1996	335	124	20.26	—	$6,787
Jul 1996	181	121	19.55	—	$3,539
Jun 1996	340	155	18.73	—	$6,368
May 1996	170	185	19.43	—	$3,303
Apr 1996	345	222	21.51	—	$7,421
Mar 1996	177	237	19.38	—	$3,430
Feb 1996	174	231	16.98	—	$2,955
Jan 1996	170	216	17.07	—	$2,902
Dec 1995	174	385	17.19	—	$2,991
Nov 1995	172	361	16.00	—	$2,752
Oct 1995	346	505	15.43	—	$5,339
Sep 1995	172	429	16.18	—	$2,783
Aug 1995	347	434	15.92	—	$5,524
Jul 1995	0	271	15.24	—	$0
Jun 1995	175	491	16.41	—	$2,872
May 1995	344	481	17.56	—	$6,041
Apr 1995	342	343	17.73	—	$6,064
Mar 1995	356	490	16.44	—	$5,853
Feb 1995	172	442	16.58	—	$2,852
Jan 1995	341	419	15.92	—	$5,429
Dec 1994	170	301	15.03	—	$2,555
Nov 1994	343	314	15.90	—	$5,454
Oct 1994	179	608	15.58	—	$2,789
Sep 1994	177	499	15.29	—	$2,706
Aug 1994	354	572	16.13	—	$5,710
Jul 1994	348	637	17.56	—	$6,111
Jun 1994	177	415	17.09	—	$3,025
May 1994	350	463	15.88	—	$5,558
Apr 1994	355	482	14.14	—	$5,020
Mar 1994	177	426	12.46	—	$2,205
Feb 1994	339	246	12.50	—	$4,238
Jan 1994	177	603	12.66	—	$2,241
Dec 1993	358	383	12.33	—	$4,414
Nov 1993	362	569	14.49	—	$5,245
Oct 1993	366	846	15.85	—	$5,801
Sep 1993	539	818	15.03	—	$8,101
Aug 1993	356	964	15.66	—	$5,575
Jul 1993	360	913	15.46	—	$5,566
Jun 1993	360	896	16.79	—	$6,044
May 1993	359	11,427	17.68	—	$6,347
Apr 1993	361	394	18.05	—	$6,516
Mar 1993	716	111	18.14	—	$12,988
Feb 1993	359	576	17.90	—	$6,426
Jan 1993	363	962	16.93	—	$6,146

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.

Sep 2007 — as filed, then multipliedworked

Oil                  344 bbl  × $ 75.84 =    $26,089
Casinghead gas         0 Mcf  × $  6.24 =         $0

────────────────────────────────────────────────────
Month total                                  $26,089

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/29214 is the state's own key, not one this site invented.