REED ESTATE "27"

Operated by PDEH LLC (P-5 646827) in the HALEY, S. (BONE SPRINGS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 36406District 08Field 38120050OilCasinghead gasSaveExport
Value, all time
$2.4 M
Sep 2000 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
309
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 11 leases and 12 wells, and the rule below applies to all of them.

Discovered
1997-08-12
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1998-11-18.

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
OilDisposition38,753 bbl$2,259,531
Casinghead gasProduction23,251 Mcf$150,620
Total$2,410,150

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 31.7762, -103.4408. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77624, -103.44081 · 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
10,300 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 10,300 ft.

Completions filed
Oct 2000
1 of 1 wells

1 well

42-30131122310,300 ftOct 2000

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 (309)

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

309 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 2019265053.112.30$14,074
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 2014179094.734.73$16,957
Apr 2014155095.944.81$14,871
Mar 2014362095.895.06$34,712
Feb 2014362097.406.19$35,259
Jan 2014184090.404.86$16,634
Dec 2013182091.824.35$16,711
Nov 2013365088.853.74$32,430
Oct 2013191097.423.78$18,607
Sep 20133760104.113.72$39,145
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013185094.403.93$17,464
May 2013185094.834.15$17,544
Apr 2013367093.964.28$34,483
Mar 2013190093.623.91$17,788
Feb 2013189091.233.42$17,242
Jan 2013396091.603.42$36,274
Dec 2012370086.773.42$32,105
Nov 20120086.953.62$0
Oct 2012184089.383.40$16,446
Sep 2012370094.672.92$35,028
Aug 2012365092.662.91$33,821
Jul 2012358085.133.02$30,477
Jun 2012545079.822.52$43,502
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201250101.102.57$506
Jan 2012182098.092.73$17,852
Dec 2011177096.873.24$17,146
Nov 2011361095.723.31$34,555
Oct 2011178084.983.65$15,126
Sep 2011367083.623.99$30,689
Aug 2011539083.404.15$44,953
Jul 2011373094.144.52$35,114
Jun 2011366092.904.64$34,001
May 2011544098.134.40$53,383
Apr 20118990105.964.33$95,258
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010189085.734.35$16,203
Nov 2010180080.843.80$14,551
Oct 20100078.103.51$0
Sep 2010188072.633.98$13,654
Aug 2010186073.684.42$13,704
Jul 20100072.554.74$0
Jun 2010167070.364.91$11,750
May 201017924971.124.24$13,785
Apr 201035632281.694.12$30,409
Mar 201018526178.394.39$15,648
Feb 2010823473.585.44$1,862
Jan 201018523674.365.96$15,164
Dec 200918739771.445.48$15,536
Nov 200918529874.593.75$14,917
Oct 200937038372.544.11$28,414
Sep 200918923865.543.06$13,116
Aug 200918621267.423.22$13,222
Jul 200918224961.133.46$11,988
Jun 200954633466.163.90$37,424
May 2009621254.743.93$1,161
Apr 2009824946.773.59$1,267
Mar 200936729842.144.06$16,675
Feb 200936728532.814.63$13,362
Jan 200919831035.865.37$8,765
Dec 2008539537.105.98$2,546
Nov 200808255.496.86$563
Oct 200818325675.246.92$15,541
Sep 2008178233101.767.88$19,949
Aug 2008352359114.228.48$43,251
Jul 20085234131.0811.39$3,321
Jun 2008362261131.3313.03$50,943
May 20080183123.1711.57$2,118
Apr 2008545224110.3110.45$62,461
Mar 20080132101.909.66$1,276
Feb 2008016792.538.77$1,465
Jan 200835223690.388.21$33,750
Dec 2007039388.337.30$2,870
Nov 2007034191.677.29$2,486
Oct 200734319282.856.92$29,747
Sep 2007523175.846.24$39,671
Aug 200701269.066.39$77
Jul 2007410170.906.39$929
Jun 200734818762.007.55$22,988
May 200721358.747.85$219
Apr 2007215559.617.81$1,329
Mar 200718226156.927.30$12,265
Feb 2007016355.108.22$1,339
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20061775554.207.62$10,012
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 200603968.717.34$286
Jul 200617931969.376.34$14,441
Jun 200618333266.286.38$14,249
May 200654136766.016.42$38,069
Apr 200636134464.397.36$25,777
Mar 2006027356.707.08$1,934
Feb 200617528357.597.75$12,272
Jan 200618118860.598.93$12,646
Dec 200517610354.9413.42$11,051
Nov 200518421054.6910.59$12,287
Oct 2005033458.3413.80$4,608
Sep 200518325361.4512.08$14,301
Aug 200535835261.519.80$25,469
Jul 200537020555.697.84$22,213
Jun 2005025552.337.38$1,882
May 200535936045.226.65$18,628
Apr 2005039349.207.36$2,893
Mar 200554839650.377.15$30,436
Feb 200517835945.226.31$10,315
Jan 200536139643.166.32$18,084
Dec 200435839539.866.75$16,937
Nov 2004037645.286.33$2,380
Oct 2004039549.706.52$2,573
Sep 200435638243.245.28$17,412
Aug 2004014142.375.55$783
Jul 200453439538.286.08$22,845
Jun 2004116636.106.43$1,104
May 2004539137.486.49$2,727
Apr 200438337834.475.86$15,417
Mar 200436239234.365.53$14,606
Feb 2004014432.455.51$793
Jan 200436730532.036.30$13,676
Dec 200336138830.266.30$13,369
Nov 2003027828.804.60$1,277
Oct 200335328128.174.76$11,281
Sep 200335337626.314.75$11,073
Aug 200335735629.765.13$12,451
Jul 200335638829.415.17$12,476
Jun 200335525328.565.98$11,652
May 200335522926.595.97$10,807
Apr 20033579926.675.41$10,057
Mar 200305431.146.10$329
Feb 20031836433.487.93$6,634
Jan 200354026430.315.58$17,841
Dec 200203326.914.85$160
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 2002133123.733.34$412
May 20021284424.663.58$3,314
Apr 20027194223.653.51$17,152
Mar 20023644822.003.10$8,157
Feb 20021875118.222.38$3,528
Jan 20029145617.172.38$15,826
Dec 20010016.932.36$0
Nov 200103618.072.41$87
Oct 20017114619.782.53$14,180
Sep 200105424.262.25$122
Aug 20013587524.873.05$9,132
Jul 20013577723.933.20$8,789
Jun 20013557624.563.82$9,009
May 20017287325.524.31$18,893
Apr 20013726924.685.34$9,549
Mar 20017387224.545.38$18,498
Feb 20017396827.755.77$20,899
Jan 20017497227.478.40$21,180
Dec 20001,4416426.889.12$39,318
Nov 20003745632.215.66$12,363
Oct 20007404331.235.15$23,331
Sep 200001131.875.19$57

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 2019 — as filed, then multipliedworked
Oil                  265 bbl  × $ 53.11 =    $14,074
Casinghead gas         0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                  $14,074

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/36406 is the state's own key, not one this site invented.