REEVES STATE -27-

Operated by HORTON OILFIELD SERVICES (P-5 401740) in the MARSH, S. (DELAWARE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 33832District 08Field 57700500OilCasinghead gasSaveExport
Value, all time
$618 k
May 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
397
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 42 leases and 44 wells, and the rule below applies to all of them.

Discovered
1977-08-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1994-01-31.

The Commission's schedule remark for this field reads: LOBO RESOURCES, INC. REQUEST

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
OilDisposition13,317 bbl$531,835
Casinghead gasProduction46,679 Mcf$86,480
Total$618,314

21,316 Mcf of this lease's gas, across 43 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 (3)

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 31.6751, -104.0431. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.67421, -104.04392 · 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%
1 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
2,995 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
133.3%
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.
266.7%

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 2,758 and 3,000 ft, median 2,995 ft, over the 3 wells that filed a depth.

Completions filed
Nov 1988 – Nov 2013
3 of 3 wells

3 wells

42-3893259672,758 ftNov 2013
42-3893203843,000 ftApr 1993
42-3893029312,995 ftNov 1988Yes

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 (397)

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

397 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 201703542.493.09$108
May 201703545.373.26$114
Apr 20171353547.933.21$6,583
Mar 201703546.772.98$104
Feb 201703550.452.95$103
Jan 20171323549.413.42$6,642
Dec 201603548.763.72$130
Nov 20161413542.492.64$6,084
Oct 201603546.193.09$108
Sep 2016873841.553.10$3,733
Aug 201603941.442.92$114
Jul 2016132041.622.92$5,494
Jun 201604745.352.69$126
May 20160042.521.99$0
Apr 201606236.561.99$123
Mar 201606233.011.79$111
Feb 20161024026.472.06$2,782
Jan 201604227.352.36$99
Dec 20151103732.362.00$3,634
Nov 201503738.792.17$80
Oct 201503743.552.43$90
Sep 201503542.992.76$97
Aug 201503640.162.87$103
Jul 20151443848.152.95$7,046
Jun 201503556.152.88$101
May 201503755.212.96$109
Apr 201503749.822.71$100
Mar 20151354042.892.93$5,908
Feb 201504544.662.98$134
Jan 201505143.433.10$158
Dec 20141423554.693.59$7,892
Nov 201403970.464.25$166
Oct 20141325678.303.90$10,554
Sep 201405086.164.05$202
Aug 201404589.394.04$182
Jul 20141434896.564.18$14,009
Jun 201404298.164.74$199
May 20141375494.734.73$13,233
Apr 20141393995.944.81$13,523
Mar 201403995.895.06$197
Feb 201404197.406.19$254
Jan 20141335190.404.86$12,271
Dec 201305391.824.35$231
Nov 20131414388.853.74$12,689
Oct 201303797.423.78$140
Sep 201313648104.113.72$14,337
Aug 2013034104.253.52$120
Jul 201314033102.523.72$14,475
Jun 201303094.403.93$118
May 20131373594.834.15$13,137
Apr 201304093.964.28$171
Mar 20131012693.623.91$9,557
Feb 201303691.233.42$123
Jan 20131322891.603.42$12,187
Dec 20122545086.773.42$22,211
Nov 201202486.953.62$87
Oct 201204289.383.40$143
Sep 201204094.672.92$117
Aug 20121303692.662.91$12,150
Jul 2012017185.133.02$517
Jun 201205579.822.52$139
May 20121452791.612.49$13,351
Apr 2012027101.652.00$54
Mar 201213427105.052.22$14,137
Feb 2012043101.102.57$111
Jan 20121146498.092.73$11,357
Dec 20113016496.873.24$29,365
Nov 201103395.723.31$109
Oct 201103484.983.65$124
Sep 20113522583.623.99$29,534
Aug 201104383.404.15$178
Jul 20111726094.144.52$16,463
Jun 201103392.904.64$153
May 201103298.134.40$141
Apr 2011030105.964.33$130
Mar 201104896.364.06$195
Feb 201104285.644.18$176
Jan 20110886.504.59$37
Dec 201001185.734.35$48
Nov 20100680.843.80$23
Oct 20100578.103.51$18
Sep 20100972.633.98$36
Aug 20100973.684.42$40
Jul 20100072.554.74$0
Jun 201001270.364.91$59
May 20100571.124.24$21
Apr 2010172681.694.12$14,075
Mar 20100878.394.39$35
Feb 201001973.585.44$103
Jan 201002674.365.96$155
Dec 200901771.445.48$93
Nov 200902174.593.75$79
Oct 20091662772.544.11$12,153
Sep 200902865.543.06$86
Aug 200901367.423.22$42
Jul 200901461.133.46$49
Jun 2009171866.163.90$11,345
May 200901854.743.93$71
Apr 200901246.773.59$43
Mar 200901242.144.06$49
Feb 200901332.814.63$60
Jan 200901335.865.37$70
Dec 200801737.105.98$102
Nov 200802255.496.86$151
Oct 200801375.246.92$90
Sep 2008023101.767.88$181
Aug 2008025114.228.48$212
Jul 2008041131.0811.39$467
Jun 2008036131.3313.03$469
May 2008051123.1711.57$590
Apr 2008055110.3110.45$575
Mar 2008011101.909.66$106
Feb 200802392.538.77$202
Jan 200802790.388.21$222
Dec 200702588.337.30$183
Nov 200701291.677.29$88
Oct 200701682.856.92$111
Sep 200703775.846.24$231
Aug 200709569.066.39$607
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007150058.747.85$8,811
Apr 200702359.617.81$180
Mar 20070656.927.30$44
Feb 200701655.108.22$131
Jan 20070550.306.73$34
Dec 200601056.656.92$69
Nov 20060654.207.62$46
Oct 20060854.906.01$48
Sep 200601460.085.04$71
Aug 200601568.717.34$110
Jul 200602069.376.34$127
Jun 200601566.286.38$96
May 200601366.016.42$84
Apr 200602964.397.36$213
Mar 200603556.707.08$248
Feb 200603057.597.75$233
Jan 200604260.598.93$375
Dec 200503354.9413.42$443
Nov 200503054.6910.59$318
Oct 200503558.3413.80$483
Sep 200502261.4512.08$266
Aug 200502361.519.80$225
Jul 200502155.697.84$165
Jun 200503052.337.38$221
May 200503545.226.65$233
Apr 200503049.207.36$221
Mar 200503050.377.15$215
Feb 200502245.226.31$139
Jan 200502043.166.32$126
Dec 200401539.866.75$101
Nov 200402245.286.33$139
Oct 200402149.706.52$137
Sep 200402443.245.28$127
Aug 200402042.375.55$111
Jul 200402538.286.08$152
Jun 200402436.106.43$154
May 200403037.486.49$195
Apr 200402234.475.86$129
Mar 200403934.365.53$216
Feb 200403732.455.51$204
Jan 200404032.036.30$252
Dec 200303530.266.30$221
Nov 200301328.804.60$60
Oct 200301828.174.76$86
Sep 200302726.314.75$128
Aug 200303729.765.13$190
Jul 20031808429.415.17$5,728
Jun 200307428.565.98$443
May 200308626.595.97$514
Apr 200309126.675.41$492
Mar 200309831.146.10$597
Feb 2003011533.487.93$911
Jan 2003018230.315.58$1,016
Dec 2002013226.914.85$641
Nov 200209624.664.14$397
Oct 2002015026.464.23$634
Sep 20021738727.443.64$5,063
Aug 20020025.963.16$0
Jul 2002019724.583.06$603
Jun 20020723.733.34$23
May 200205224.663.58$186
Apr 200205123.653.51$179
Mar 2002010022.003.10$310
Feb 200217112018.222.38$3,401
Jan 2002011217.172.38$266
Dec 200102016.932.36$47
Nov 200109318.072.41$224
Oct 2001015119.782.53$382
Sep 2001013024.262.25$293
Aug 2001020524.873.05$626
Jul 2001011923.933.20$380
Jun 200117023924.563.82$5,089
May 2001014325.524.31$616
Apr 2001014024.685.34$747
Mar 2001026424.545.38$1,419
Feb 2001014027.755.77$807
Jan 2001020127.478.40$1,688
Dec 2000018326.889.12$1,669
Nov 2000028232.215.66$1,596
Oct 2000035631.235.15$1,832
Sep 2000024031.875.19$1,245
Aug 200017136829.644.54$6,739
Jul 2000038928.534.09$1,591
Jun 2000055029.304.40$2,418
May 2000046527.263.68$1,711
Apr 2000025224.513.12$785
Mar 200017252528.422.86$6,390
Feb 200017058027.622.73$6,277
Jan 2000040125.272.48$995
Dec 1999019924.282.42$482
Nov 1999048923.192.43$1,190
Oct 1999045820.982.80$1,284
Sep 1999047821.752.62$1,252
Aug 1999052119.262.88$1,498
Jul 199917440617.892.37$4,076
Jun 1999057315.942.36$1,353
May 1999070515.792.32$1,636
Apr 1999063615.102.21$1,404
Mar 199933559112.471.84$5,264
Feb 199906029.981.82$1,094
Jan 1999024810.381.90$471
Dec 199805959.201.77$1,055
Nov 199817337110.892.19$2,695
Oct 1998066312.421.97$1,306
Sep 1998055612.592.08$1,158
Aug 1998057711.301.91$1,101
Jul 1998042111.742.24$942
Jun 1998016311.242.24$365
May 199815920912.622.21$2,468
Apr 1998026313.042.51$659
Mar 1998087212.802.31$2,014
Feb 19980013.952.30$0
Jan 199804314.702.15$93
Dec 1997028816.322.41$694
Nov 1997014018.193.09$432
Oct 19970019.253.15$0
Sep 1997017717.742.95$523
Aug 1997014117.862.55$360
Jul 199731424417.582.25$6,068
Jun 1997241017.242.26$4,155
May 19970018.972.31$0
Apr 1997015917.882.08$331
Mar 1997024718.951.94$479
Feb 199768020.492.21$1,393
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 1996037221.97$0
Oct 1996047623.31$0
Sep 199618960922.22$4,200
Aug 1996059620.26$0
Jul 1996054219.55$0
Jun 1996056618.73$0
May 199617083819.43$3,303
Apr 199618276321.51$3,915
Mar 1996070219.38$0
Feb 199617554716.98$2,972
Jan 199617865717.07$3,038
Dec 199517357717.19$2,974
Nov 1995057816.00$0
Oct 199533754815.43$5,200
Sep 1995048116.18$0
Aug 199517470015.92$2,770
Jul 199517921815.24$2,728
Jun 199517618816.41$2,888
May 199518622217.56$3,266
Apr 1995024317.73$0
Mar 199518022216.44$2,959
Feb 199516422216.58$2,719
Jan 199517626615.92$2,802
Dec 199417136915.03$2,570
Nov 199417020515.90$2,703
Oct 199416827215.58$2,617
Sep 199434935415.29$5,336
Aug 199421641816.13$3,484
Jul 199416930417.56$2,968
Jun 199416637017.09$2,837
May 19947081615.88$1,112
Apr 199415762514.14$2,220
Mar 19941691,00112.46$2,106
Feb 199432874312.50$4,100
Jan 199404012.66$0
Dec 199316541912.33$2,034
Nov 199316246414.49$2,347
Oct 1993061615.85$0
Sep 199318059815.03$2,705
Aug 199316574515.66$2,584
Jul 1993050315.46$0
Jun 199311071416.79$1,847
May 199310060717.68$1,768

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.

Jun 2017 — as filed, then multipliedworked
Oil                    0 bbl  × $ 42.49 =         $0
Casinghead gas        35 Mcf  × $  3.09 =       $108

────────────────────────────────────────────────────
Month total                                     $108

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/33832 is the state's own key, not one this site invented.