REED RANCH

Operated by TRIGEO ENERGY, LLC (P-5 101376) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40094District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$9.4 M
Mar 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
195
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition122,621 bbl$8,534,090
Casinghead gasProduction235,277 Mcf$834,840
Total$9,368,930

Wells on this lease (8)

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 31.9924, -101.2057. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.99145, -101.20581 · 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 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
8,135 ft
8 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.
8100.0%

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

Total depth in feet, 8 of 8 wells. Median 8,135 ft, with the middle half between 8,083 and 8,171 ft; the shallowest is 7,825 ft and the deepest 8,200 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, Mar 2010 – Oct 2019. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 2010 – Oct 2019
8 of 8 wells

8 wells

42-4313352487,825 ftOct 2019
42-4313351478,030 ftSep 2019
42-4313351368,120 ftFeb 2019
42-4313351158,100 ftMar 2018
42-4313347248,150 ftMar 2015
42-4313344238,170 ftJul 2014
42-4313330528,200 ftAug 2011
42-4313328118,175 ftMar 2010

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 (195)

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

195 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 202402578.082.63$66
May 20241536278.812.20$12,194
Apr 20241616884.451.66$13,709
Mar 20241787480.301.55$14,408
Feb 20241678476.091.78$12,857
Jan 202417634773.023.30$13,996
Dec 202316379771.262.61$13,696
Nov 20231871,24377.892.81$18,055
Oct 20235071,46785.443.09$47,847
Sep 20231661,53289.042.74$18,971
Aug 202316555080.522.67$14,756
Jul 202316688474.852.64$14,760
Jun 20231621,43068.962.26$14,401
May 20234971,85470.622.23$39,228
Apr 20234871,88878.122.24$42,269
Mar 20231662,17072.852.39$17,286
Feb 20231742,00375.112.47$18,008
Jan 20234932,09076.533.39$44,810
Dec 20224921,81776.415.73$48,003
Nov 20228372,17685.005.65$83,431
Oct 20226902,07087.185.86$72,292
Sep 20221711,15284.888.16$23,919
Aug 20223281,84494.529.13$47,833
Jul 20223241,874101.587.54$47,046
Jun 20223481,787115.097.98$54,307
May 20221621,597109.378.43$31,186
Apr 20221691,899104.226.84$30,598
Mar 20225071,574108.885.08$63,192
Feb 20221751,80491.054.86$24,699
Jan 20223252,20781.844.54$36,613
Dec 20213562,41271.323.90$34,795
Nov 20216622,59677.435.24$64,854
Oct 20216642,78379.795.71$68,882
Sep 20219892,19669.865.35$80,842
Aug 20216492,31766.024.22$52,626
Jul 20214771,88370.783.98$41,260
Jun 20211,4961,84369.493.38$110,188
May 20216251,64863.483.02$44,648
Apr 20211711,50860.362.76$14,481
Mar 20216581,95661.302.72$45,650
Feb 20218271,60957.805.55$56,727
Jan 20216582,36850.412.81$39,825
Dec 20208332,32344.642.68$43,400
Nov 20209622,07438.772.71$42,910
Oct 20206672,53436.972.48$30,939
Sep 20209822,63637.091.99$41,671
Aug 20208321,89439.982.39$37,781
Jul 20201,7982,25038.371.83$73,096
Jun 20201,4642,37634.901.69$55,110
May 202001,79816.921.81$3,263
Apr 20201,3021,78414.751.80$22,424
Mar 20201,2582,25930.341.86$42,361
Feb 20201,2352,48549.881.98$66,524
Jan 20202,2332,79557.252.09$133,694
Dec 20191,5662,33559.012.30$97,790
Nov 20192,3442,58755.302.75$136,739
Oct 20191,5092,25453.472.42$86,138
Sep 20191,17633555.052.66$65,629
Aug 20191,1261,47953.112.30$63,210
Jul 20191,5171,60956.272.46$89,320
Jun 20191,1752,25752.782.49$67,639
May 20195051,38058.482.74$33,314
Apr 20192,0342,03262.632.75$132,979
Mar 20191,8101,60456.803.06$107,720
Feb 2019504050.852.79$25,628
Jan 2019492046.033.23$22,647
Dec 201834122546.594.19$16,829
Nov 201864116852.934.24$34,640
Oct 201816525361.443.40$10,997
Sep 2018021259.543.11$659
Aug 201816839359.403.07$11,184
Jul 201849054265.142.93$33,508
Jun 201816436360.183.08$10,986
May 201816345665.382.90$11,980
Apr 201816345563.842.90$11,726
Mar 20188161,36061.222.79$53,746
Feb 201832322661.782.77$20,580
Jan 2018020062.874.01$802
Dec 201716513957.272.92$9,856
Nov 201732631055.423.12$19,034
Oct 2017039949.292.98$1,190
Sep 201731154147.523.09$16,449
Aug 201715762845.373.00$9,010
Jul 201732375843.873.09$16,510
Jun 201764776342.493.09$29,847
May 201716739445.373.26$8,863
Apr 201732655747.933.21$17,414
Mar 201732130546.772.98$15,923
Feb 201716252650.452.95$9,726
Jan 201733280049.413.42$19,139
Dec 201616287148.763.72$11,142
Nov 201616592942.492.64$9,467
Oct 201648193346.193.09$25,101
Sep 201616288441.553.10$9,472
Aug 20161601,04941.442.92$9,698
Jul 20166061,22841.622.92$28,813
Jun 20163231,13745.352.69$17,702
May 20164931,30142.521.99$23,553
Apr 20166621,27636.561.99$26,743
Mar 20161631,14733.011.79$7,438
Feb 20163321,13526.472.06$11,130
Jan 201617265927.352.36$6,262
Dec 20156501,04532.362.00$23,125
Nov 20151611,09038.792.17$8,608
Oct 20156331,16643.552.43$30,397
Sep 20154761,02142.992.76$23,280
Aug 20154841,12740.162.87$22,675
Jul 20156411,24548.152.95$34,531
Jun 20158141,33956.152.88$49,566
May 201549589655.212.96$29,977
Apr 20151,1761,36549.822.71$62,283
Mar 20151,3261,54942.892.93$61,418
Feb 201548193644.662.98$24,267
Jan 20151601,49543.433.10$11,584
Dec 201447891854.693.59$29,439
Nov 201415788970.464.25$14,842
Oct 201432192678.303.90$28,747
Sep 201430567486.164.05$29,005
Aug 201416092389.394.04$18,027
Jul 20143231,14396.564.18$35,966
Jun 201432289298.164.74$35,833
May 20144861,43194.734.73$52,802
Apr 20143271,34995.944.81$37,860
Mar 20148141,19295.895.06$84,082
Feb 20144441,38997.406.19$51,846
Jan 20143271,53290.404.86$37,007
Dec 201335173791.824.35$35,438
Nov 201332892088.853.74$32,582
Oct 20136681,28497.423.78$69,929
Sep 20133191,114104.113.72$37,353
Aug 20134801,043104.253.52$53,714
Jul 20133121,088102.523.72$36,031
Jun 20136461,29994.403.93$66,092
May 20133241,21994.834.15$35,783
Apr 20134941,43793.964.28$52,570
Mar 20133241,29593.623.91$35,400
Feb 20134851,45991.233.42$49,236
Jan 20135181,58691.603.42$52,873
Dec 20124961,61486.773.42$48,558
Nov 20123381,64786.953.62$35,359
Oct 20126681,80089.383.40$65,825
Sep 20126371,82994.672.92$65,643
Aug 20124762,97992.662.91$52,770
Jul 20127981,99985.133.02$73,972
Jun 20125011,52979.822.52$43,841
May 20128191,88791.612.49$79,724
Apr 20124851,771101.652.00$52,837
Mar 20128042,222105.052.22$89,398
Feb 20128271,457101.102.57$87,355
Jan 20121,0041,68698.092.73$103,092
Dec 20115012,35796.873.24$56,168
Nov 20119952,11495.723.31$102,241
Oct 20119892,32384.983.65$92,521
Sep 20119971,28783.623.99$88,499
Aug 20111,5031,53883.404.15$131,732
Jul 20111,0601,21194.144.52$105,259
Jun 20119901,33292.904.64$98,151
May 20111,3461,63698.134.40$139,289
Apr 20111,4891,625105.964.33$164,816
Mar 20111,8742,56996.364.06$191,002
Feb 20111,6962,10485.644.18$154,040
Jan 20112,4532,49086.504.59$223,611
Dec 20102,6822,85985.734.35$242,358
Nov 20103,5912,81480.843.80$300,977
Oct 20102,5851,45878.103.51$207,004
Sep 20102,7591,71972.633.98$207,227
Aug 20103,5501,83473.684.42$269,669
Jul 20104,4091,62672.554.74$327,574
Jun 20102,7391,33570.364.91$199,271
May 20102,22152371.124.24$160,173
Apr 2010325081.694.12$26,549
Mar 20100078.394.39$0

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 2024 — as filed, then multipliedworked
Oil                    0 bbl  × $ 78.08 =         $0
Casinghead gas        25 Mcf  × $  2.63 =        $66

────────────────────────────────────────────────────
Month total                                      $66

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/40094 is the state's own key, not one this site invented.