REEVES -BK- FEE

Operated by RE-OP CORP. (P-5 695742) in the REAVES, N. (3200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32288District 08Field 75090500NGPA filingOilCasinghead gasSaveExport
Value, all time
$552 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 62 leases and 78 wells, and the rule below applies to all of them.

Discovered
1964-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 030183 PER AMENDMENT TO SWR 28 & 29

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
OilDisposition16,193 bbl$303,278
Casinghead gasProduction202,453 Mcf$248,832
Total$552,111

109,227 Mcf of this lease's gas, across 47 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 (5)

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 31.7185, -103.8882. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.71765, -103.88775 · 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
40.0%
2 of 5 wells
With a plug date
40.0%
2 of 5 wells
Median depth
3,273 ft
5 wells filed one
Completion to plug
34.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
240.0%
A plug date is filed
240.0%
BothOn the schedule and plugged. Neither fact cancels the other.
240.0%
NeitherNo plug date, and not on the schedule.
360.0%

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 3,224 and 3,386 ft, median 3,273 ft, over the 5 wells that filed a depth.

Completions filed
Jun 1989 – Nov 1992
5 of 5 wells
Plug dates filed
Aug 2024 – Oct 2025
2 of 5 wells; 3 filed none

Last completion to plug: a median of 34.1 years across the 2 wells that filed both dates, with the middle half between 33.5 years and 34.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-3893201453,273 ftNov 1992Oct 2025Yes
42-3893201533,320 ftSep 1992
42-3893201723,228 ftSep 1992
42-3893201643,224 ftJul 1992
42-3893188713,386 ftJun 1989Aug 2024Yes

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 20260059.138.00$0
Dec 20250056.664.41$0
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 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
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 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
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 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
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 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 200513061.519.80$800
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 200435039.866.75$1,395
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 200410042.375.55$424
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 200376029.415.17$2,235
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 200201626.464.23$68
Sep 200207227.443.64$262
Aug 20025216825.963.16$1,882
Jul 2002274024.583.06$786
Jun 20021341623.733.34$3,233
May 2002130024.663.58$3,206
Apr 20020523.653.51$18
Mar 20020222.003.10$6
Feb 20020218.222.38$5
Jan 20020217.172.38$5
Dec 20010016.932.36$0
Nov 200115621618.072.41$3,339
Oct 20016021619.782.53$1,733
Sep 200115084224.262.25$5,535
Aug 2001055624.873.05$1,698
Jul 200127557223.933.20$8,409
Jun 20012581,06624.563.82$10,413
May 20011301,58825.524.31$10,158
Apr 20010024.685.34$0
Mar 20011582,16224.545.38$15,501
Feb 200120133627.755.77$7,515
Jan 2001056827.478.40$4,771
Dec 20008212026.889.12$3,299
Nov 20000032.215.66$0
Oct 200016321031.235.15$6,171
Sep 200016918431.875.19$6,340
Aug 2000013129.644.54$595
Jul 200035090828.534.09$13,699
Jun 2000063729.304.40$2,801
May 20001641,81627.263.68$11,153
Apr 20001551,12824.513.12$7,314
Mar 200002,17128.422.86$6,209
Feb 200017156827.622.73$6,272
Jan 200001,74625.272.48$4,331
Dec 199902,46924.282.42$5,984
Nov 19991723,40423.192.43$12,274
Oct 19996413,06020.982.80$22,028
Sep 19991641,84321.752.62$8,394
Aug 19991592,45319.262.88$10,116
Jul 19993353,12817.892.37$13,414
Jun 199902,50815.942.36$5,924
May 19991752,02515.792.32$7,463
Apr 199902,30815.102.21$5,096
Mar 199933163912.471.84$5,302
Feb 199902,0129.981.82$3,657
Jan 199917880010.381.90$3,368
Dec 199806099.201.77$1,080
Nov 19983071,62810.892.19$6,902
Oct 199802,04412.421.97$4,025
Sep 19981571,96712.592.08$6,073
Aug 19981692,87911.301.91$7,401
Jul 199801,57211.742.24$3,517
Jun 199801,23811.242.24$2,770
May 19983342,68512.622.21$10,139
Apr 19981733,17713.042.51$10,215
Mar 19981622,74412.802.31$8,411
Feb 19983261,73413.952.30$8,534
Jan 19981683,59814.702.15$10,223
Dec 199701,62516.322.41$3,918
Nov 19971702,54618.193.09$10,955
Oct 199701,55319.253.15$4,892
Sep 199702,15717.742.95$6,374
Aug 19971791,20217.862.55$6,268
Jul 199701,08617.582.25$2,440
Jun 199701,65117.242.26$3,727
May 19971662,02018.972.31$7,812
Apr 199702,58717.882.08$5,388
Mar 199717890418.951.94$5,126
Feb 19971723,06820.492.21$10,292
Jan 19971582,23923.483.54$11,635
Dec 199602,32223.32$0
Nov 19961722,38721.97$3,779
Oct 199605,96523.31$0
Sep 19961773,28822.22$3,933
Aug 19961773,86120.26$3,586
Jul 19963503,95819.55$6,843
Jun 19961023,78718.73$1,910
May 19963365,05519.43$6,528
Apr 19963233,90921.51$6,948
Mar 19961774,24419.38$3,430
Feb 19961754,05316.98$2,972
Jan 19961754,42817.07$2,987
Dec 199504,57517.19$0
Nov 1995037016.00$0
Oct 1995018215.43$0
Sep 199505616.18$0
Aug 1995014915.92$0
Jul 19951669815.24$2,530
Jun 1995011416.41$0
May 199517542417.56$3,073
Apr 199516188717.73$2,855
Mar 19950016.44$0
Feb 1995093416.58$0
Jan 199529971615.92$4,760
Dec 1994058415.03$0
Nov 1994067215.90$0
Oct 1994055815.58$0
Sep 19941701,68215.29$2,599
Aug 19941661,49916.13$2,678
Jul 1994081617.56$0
Jun 199420270417.09$3,452
May 199401,15815.88$0
Apr 19941721,43814.14$2,432
Mar 19941811,35712.46$2,255
Feb 199430290512.50$3,775
Jan 199429793012.66$3,760
Dec 199301,74312.33$0
Nov 19931431,94714.49$2,072
Oct 19931811,51015.85$2,869
Sep 19931571,40715.03$2,360
Aug 19931592,47515.66$2,490
Jul 199301,96115.46$0
Jun 19933522,22116.79$5,910
May 199304,71617.68$0
Apr 19933514,75118.05$6,336
Mar 19933556,97618.14$6,440
Feb 19939016,28417.90$16,128
Jan 19931,0465,17116.93$17,709

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.

Aug 2005 — as filed, then multipliedworked
Oil                   13 bbl  × $ 61.51 =       $800
Casinghead gas         0 Mcf  × $  9.80 =         $0

────────────────────────────────────────────────────
Month total                                     $800

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/32288 is the state's own key, not one this site invented.