REED STATE -24-

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 34252District 08Field 56294666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$879 k
Aug 1994 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
382
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
OilDisposition19,606 bbl$775,513
Casinghead gasProduction35,682 Mcf$103,500
Total$879,012

10,151 Mcf of this lease's gas, across 29 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 (1)

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 31.1016, -102.9067. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.10159, -102.90673 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,140 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
1100.0%

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

The one well that filed a depth was drilled to 3,140 ft.

Completions filed
Aug 1994
1 of 1 wells

1 well

42-3713647513,140 ftAug 1994

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 (382)

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

382 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 2016015536.561.99$309
Mar 2016013633.011.79$244
Feb 2016027726.472.06$572
Jan 2016034327.352.36$811
Dec 2015034432.362.00$688
Nov 2015027638.792.17$598
Oct 201509143.552.43$221
Sep 20150542.992.76$14
Aug 20150040.162.87$0
Jul 20150148.152.95$3
Jun 201501056.152.88$29
May 201502755.212.96$80
Apr 201502649.822.71$70
Mar 201502442.892.93$70
Feb 201502544.662.98$74
Jan 201502843.433.10$87
Dec 201406754.693.59$241
Nov 201405970.464.25$251
Oct 20141515678.303.90$12,042
Sep 201402686.164.05$105
Aug 201404489.394.04$178
Jul 201404896.564.18$201
Jun 201405598.164.74$261
May 201407294.734.73$340
Apr 20143097195.944.81$29,987
Mar 201407295.895.06$364
Feb 201404597.406.19$279
Jan 201404690.404.86$224
Dec 201305391.824.35$231
Nov 20131578088.853.74$14,249
Oct 201308697.423.78$325
Sep 2013081104.113.72$301
Aug 2013069104.253.52$243
Jul 2013082102.523.72$305
Jun 20131678494.403.93$16,095
May 201307994.834.15$328
Apr 20131587693.964.28$15,171
Mar 201308393.623.91$325
Feb 20131626991.233.42$15,015
Jan 201306791.603.42$229
Dec 201207386.773.42$250
Nov 201206886.953.62$247
Oct 20121558289.383.40$14,133
Sep 20121528694.672.92$14,641
Aug 201208792.662.91$253
Jul 201216410685.133.02$14,282
Jun 2012211379.822.52$444
May 201205191.612.49$127
Apr 201214963101.652.00$15,272
Mar 2012039105.052.22$87
Feb 201200101.102.57$0
Jan 2012152098.092.73$14,910
Dec 2011153096.873.24$14,821
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011149083.623.99$12,459
Aug 2011162083.404.15$13,511
Jul 2011150094.144.52$14,121
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 2011011105.964.33$48
Mar 201109096.364.06$365
Feb 2011155085.644.18$13,274
Jan 2011013886.504.59$633
Dec 201003585.734.35$152
Nov 201006080.843.80$228
Oct 201015213378.103.51$12,338
Sep 2010014072.633.98$557
Aug 201015911373.684.42$12,215
Jul 2010013372.554.74$630
Jun 201008870.364.91$432
May 20101539571.124.24$11,284
Apr 201008181.694.12$334
Mar 20101559478.394.39$12,563
Feb 2010012373.585.44$669
Jan 2010010574.365.96$626
Dec 200915711471.445.48$11,841
Nov 200915512774.593.75$12,038
Oct 2009012672.544.11$518
Sep 20091559665.543.06$10,453
Aug 200909167.423.22$293
Jul 20091586861.133.46$9,894
Jun 200903366.163.90$129
May 200906354.743.93$247
Apr 200908246.773.59$294
Mar 200915711442.144.06$7,079
Feb 200909432.814.63$436
Jan 20091529935.865.37$5,982
Dec 200809137.105.98$544
Nov 200806355.496.86$432
Oct 20081586675.246.92$12,345
Sep 2008083101.767.88$654
Aug 2008099114.228.48$840
Jul 200815498131.0811.39$21,302
Jun 2008094131.3313.03$1,225
May 2008075123.1711.57$868
Apr 2008015110.3110.45$157
Mar 200815232101.909.66$15,798
Feb 200809292.538.77$807
Jan 2008010190.388.21$829
Dec 20071539688.337.30$14,215
Nov 2007011791.677.29$853
Oct 2007010682.856.92$734
Sep 200715511375.846.24$12,461
Aug 2007011069.066.39$703
Jul 200708670.906.39$549
Jun 200707062.007.55$528
May 20071575658.747.85$9,662
Apr 200708759.617.81$679
Mar 200709456.927.30$686
Feb 20071548655.108.22$9,192
Jan 200708750.306.73$585
Dec 200608756.656.92$602
Nov 20061579854.207.62$9,256
Oct 200608554.906.01$511
Sep 20061569360.085.04$9,841
Aug 200607468.717.34$543
Jul 200606669.376.34$419
Jun 20061547666.286.38$10,692
May 200606966.016.42$443
Apr 20061567164.397.36$10,567
Mar 200607656.707.08$538
Feb 200607357.597.75$566
Jan 20061518160.598.93$9,873
Dec 200508254.9413.42$1,100
Nov 20051546854.6910.59$9,142
Oct 200507158.3413.80$980
Sep 200507661.4512.08$918
Aug 20051557861.519.80$10,298
Jul 200507155.697.84$557
Jun 200515210952.337.38$8,759
May 200508045.226.65$532
Apr 200508449.207.36$618
Mar 20051538350.377.15$8,300
Feb 200508045.226.31$505
Jan 2005014043.166.32$885
Dec 20041537939.866.75$6,632
Nov 200408245.286.33$519
Oct 200415810049.706.52$8,504
Sep 200407743.245.28$407
Aug 200408742.375.55$483
Jul 20041578538.286.08$6,527
Jun 200408036.106.43$515
May 200408537.486.49$552
Apr 20041588234.475.86$5,927
Mar 200407634.365.53$420
Feb 200407932.455.51$435
Jan 20041518732.036.30$5,385
Dec 20031568430.266.30$5,250
Nov 200307328.804.60$335
Oct 200308128.174.76$386
Sep 200308926.314.75$423
Aug 200308229.765.13$421
Jul 20031579129.415.17$5,088
Jun 200307728.565.98$461
May 20031558626.595.97$4,635
Apr 200308426.675.41$454
Mar 2003011031.146.10$671
Feb 200307833.487.93$618
Jan 200307130.315.58$396
Dec 200211011326.914.85$3,509
Nov 20021528824.664.14$4,112
Oct 200208726.464.23$368
Sep 200208727.443.64$316
Aug 20021558225.963.16$4,283
Jul 200209724.583.06$297
Jun 200208323.733.34$277
May 20021509224.663.58$4,029
Apr 200208523.653.51$299
Mar 20021575922.003.10$3,637
Feb 200207018.222.38$166
Jan 20021569917.172.38$2,914
Dec 200109816.932.36$232
Nov 200106918.072.41$166
Oct 200116013019.782.53$3,494
Sep 200115610424.262.25$4,019
Aug 2001010324.873.05$314
Jul 200115510723.933.20$4,051
Jun 200106524.563.82$249
May 200116011025.524.31$4,557
Apr 2001010024.685.34$534
Mar 200115712624.545.38$4,530
Feb 200108227.755.77$473
Jan 2001010827.478.40$907
Dec 20001534526.889.12$4,523
Nov 2000010632.215.66$600
Oct 200015710531.235.15$5,443
Sep 200009731.875.19$503
Aug 2000013129.644.54$595
Jul 200016111628.534.09$5,068
Jun 2000011229.304.40$492
May 200015611627.263.68$4,679
Apr 20006910324.513.12$2,012
Mar 200015513928.422.86$4,803
Feb 200015312227.622.73$4,558
Jan 2000015125.272.48$375
Dec 199915414124.282.42$4,081
Nov 1999014723.192.43$358
Oct 199916014820.982.80$3,772
Sep 199907721.752.62$202
Aug 199916412119.262.88$3,507
Jul 1999015117.892.37$358
Jun 199917515715.942.36$3,160
May 199916916415.792.32$3,049
Apr 1999014715.102.21$325
Mar 199916321112.471.84$2,421
Feb 19991631449.981.82$1,889
Jan 199917715810.381.90$2,137
Dec 199801499.201.77$264
Nov 199817614510.892.19$2,234
Oct 199817717812.421.97$2,549
Sep 1998018212.592.08$379
Aug 199816314211.301.91$2,113
Jul 199804911.742.24$110
Jun 1998020411.242.24$456
May 199816418212.622.21$2,471
Apr 199816420413.042.51$2,650
Mar 1998023512.802.31$543
Feb 199816423613.952.30$2,830
Jan 1998045514.702.15$980
Dec 199716033416.322.41$3,417
Nov 1997060618.193.09$1,871
Oct 199716566819.253.15$5,280
Sep 199715851317.742.95$4,319
Aug 1997044517.862.55$1,137
Jul 199715842717.582.25$3,737
Jun 199716646517.242.26$3,911
May 199715849118.972.31$4,131
Apr 1997029517.882.08$614
Mar 199718145618.951.94$4,314
Feb 199716631920.492.21$4,105
Jan 1997015323.483.54$542
Dec 199615133523.32$3,521
Nov 199616835921.97$3,691
Oct 1996044923.31$0
Sep 199616945822.22$3,755
Aug 199616570720.26$3,343
Jul 199617363019.55$3,382
Jun 199617032018.73$3,184
May 1996053719.43$0
Apr 199617025521.51$3,657
Mar 199616730419.38$3,236
Feb 199616618716.98$2,819
Jan 199616442117.07$2,799
Dec 199516637017.19$2,854
Nov 199516518516.00$2,640
Oct 19951647115.43$2,531
Sep 199516431316.18$2,654
Aug 199517173515.92$2,722
Jul 199516555515.24$2,515
Jun 199518044016.41$2,954
May 199517145817.56$3,003
Apr 199516530617.73$2,925
Mar 199508216.44$0
Feb 199517222116.58$2,852
Jan 199516710115.92$2,659
Dec 199434928015.03$5,245
Nov 199416344015.90$2,592
Oct 199448963015.58$7,619
Sep 1994469115.29$7,171
Aug 1994390116.13$6,291

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.

Apr 2016 — as filed, then multipliedworked
Oil                    0 bbl  × $ 36.56 =         $0
Casinghead gas       155 Mcf  × $  1.99 =       $309

────────────────────────────────────────────────────
Month total                                     $309

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/34252 is the state's own key, not one this site invented.