REED -A-

Operated by CITATION OIL & GAS CORP. (P-5 154235) in the HOWARD GLASSCOCK (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 41247District 08Field 42971200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$7.5 M
Dec 2011 – May 2026
Value, last 12 filed months
$472 k
at the published price for each month
Months reported
174
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 231 leases and 2,805 wells, and the rule below applies to all of them.

Discovered
2011-11-22
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
200 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2014-01-07.

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: P-15'S, ACRES LIST, AND LEASE PLATS REQUIRED.

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
OilDisposition103,635 bbl$7,354,192
Casinghead gasProduction33,866 Mcf$106,413
Total$7,460,605

Wells on this lease (13)

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 32.0918, -101.2736. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.09194, -101.27329 · 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
15.4%
2 of 13 wells
With a plug date
7.7%
1 of 13 wells
Median depth
3,262 ft
13 wells filed one
Completion to plug
3.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
215.4%
A plug date is filed
17.7%
BothOn the schedule and plugged. Neither fact cancels the other.
17.7%
NeitherNo plug date, and not on the schedule.
1184.6%

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, 13 of 13 wells. Median 3,262 ft, with the middle half between 3,262 and 3,300 ft; the shallowest is 3,246 ft and the deepest 3,300 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, 13 of 13 wells, Sep 1989 – Feb 2022. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 1989 – Feb 2022
13 of 13 wells
Plug dates filed
May 2017
1 of 13 wells; 12 filed none

Last completion to plug: a median of 3.6 years across the 1 well that filed both dates, with the middle half between 3.6 years and 3.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

13 wells

42-227028795W3,250 ftFeb 2022
42-22734618213,262 ftMay 2017
42-22734456173,300 ftSep 2014Yes
42-22734672233,300 ftApr 2014
42-2273461720R3,262 ftOct 2013May 2017Yes
42-22734619223,262 ftAug 2011
42-22734670243,300 ftAug 2003
42-2273445518W3,300 ftOct 1992
42-22734668263,300 ftFeb 1992
42-22734669253,300 ftFeb 1992
42-2270286313,252 ftJul 1991
42-22734564193,262 ftOct 1990
42-2270286723,246 ftSep 1989

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 (174)

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

174 months

May 202648879106.413.05$52,169
Apr 20265182898.932.87$51,326
Mar 20265237289.753.15$47,166
Feb 202648621163.503.75$31,652
Jan 202651311259.138.00$31,229
Dec 20256446156.664.41$36,758
Nov 202558812758.593.93$34,950
Oct 202559211559.383.30$35,533
Sep 202547611062.743.08$30,203
Aug 202566417563.933.01$42,977
Jul 202562112966.743.32$41,873
Jun 202554219466.483.13$36,639
May 202563731760.553.23$39,595
Apr 202563836062.363.54$41,061
Mar 202556430067.704.27$39,463
Feb 202549325670.884.34$36,055
Jan 202562029274.324.28$47,328
Dec 202463533968.993.12$44,867
Nov 202460623969.052.20$42,370
Oct 202465338371.372.28$47,478
Sep 202456531669.612.36$40,077
Aug 202458625275.632.06$44,839
Jul 202458127079.932.15$47,019
Jun 202460029078.082.63$47,612
May 202459123078.812.20$47,082
Apr 202449331684.451.66$42,158
Mar 202464038380.301.55$51,984
Feb 202456531476.091.78$43,551
Jan 202426935273.023.30$20,803
Dec 202329430171.262.61$21,736
Nov 202334828877.892.81$27,914
Oct 202332328385.443.09$28,471
Sep 202330030089.042.74$27,533
Aug 202323136380.522.67$19,570
Jul 202328532074.852.64$22,178
Jun 20232431668.962.26$16,793
May 20232453270.622.23$17,373
Apr 202325014078.122.24$19,843
Mar 202332336472.852.39$24,402
Feb 20232833675.112.47$21,345
Jan 2023270876.533.39$20,690
Dec 202232219176.415.73$25,698
Nov 20222544185.005.65$21,821
Oct 2022306487.185.86$26,701
Sep 20223362484.888.16$28,716
Aug 20224147294.529.13$39,788
Jul 2022340199101.587.54$36,038
Jun 2022387152115.097.98$45,752
May 2022454248109.378.43$51,745
Apr 2022400268104.226.84$43,520
Mar 2022391204108.885.08$43,608
Feb 202230216891.054.86$28,313
Jan 202238524081.844.54$32,597
Dec 202131323271.323.90$23,228
Nov 202132822477.435.24$26,570
Oct 202132020079.795.71$26,676
Sep 202131514869.865.35$22,798
Aug 202125813266.024.22$17,590
Jul 202129315270.783.98$21,344
Jun 20213818969.493.38$26,777
May 20213337163.483.02$21,353
Apr 20213228560.362.76$19,670
Mar 2021384061.302.72$23,539
Feb 2021256057.805.55$14,797
Jan 202139110450.412.81$20,003
Dec 20204739344.642.68$21,364
Nov 20204406538.772.71$17,235
Oct 20204087236.972.48$15,262
Sep 20203677637.091.99$13,763
Aug 202035211539.982.39$14,347
Jul 202049911238.371.83$19,351
Jun 202066612934.901.69$23,461
May 202030414816.921.81$5,412
Apr 202049216714.751.80$7,558
Mar 202055028430.341.86$17,214
Feb 202044920949.881.98$22,810
Jan 202040719257.252.09$23,703
Dec 201939919159.012.30$23,985
Nov 201940915255.302.75$23,036
Oct 201946217253.472.42$25,119
Sep 201954415655.052.66$30,362
Aug 201957412253.112.30$30,766
Jul 201943816556.272.46$25,052
Jun 201957721352.782.49$30,985
May 201949119658.482.74$29,251
Apr 201940611562.632.75$25,744
Mar 201937414956.803.06$21,699
Feb 201931716450.852.79$16,577
Jan 201933314146.033.23$15,783
Dec 201849016146.594.19$23,503
Nov 201833814152.934.24$18,488
Oct 20182119961.443.40$13,300
Sep 2018349059.543.11$20,779
Aug 201839411359.403.07$23,750
Jul 201839035865.142.93$26,454
Jun 201843235260.183.08$27,081
May 20183827865.382.90$25,201
Apr 201839433663.842.90$26,128
Mar 201819916361.222.79$12,637
Feb 201839818361.782.77$25,095
Jan 201827116062.874.01$17,679
Dec 201730323657.272.92$18,042
Nov 201741017055.423.12$23,252
Oct 201733630049.292.98$17,457
Sep 201743620347.523.09$21,345
Aug 201747739445.373.00$22,825
Jul 201756432943.873.09$25,758
Jun 201765340842.493.09$29,006
May 201768643845.373.26$32,553
Apr 201761345047.933.21$30,826
Mar 201760944546.772.98$29,811
Feb 201765835250.452.95$34,235
Jan 201785388949.413.42$45,186
Dec 201659194048.763.72$32,317
Nov 201674834042.492.64$32,682
Oct 201672783146.193.09$36,148
Sep 20167151,14141.553.10$33,246
Aug 20168891,13641.442.92$40,162
Jul 201686936841.622.92$37,244
Jun 201661826845.352.69$28,746
May 201659852442.521.99$26,470
Apr 201648213936.561.99$17,899
Mar 2016508033.011.79$16,769
Feb 201635931726.472.06$10,157
Jan 201644168927.352.36$13,690
Dec 201536766432.362.00$13,205
Nov 201536417438.792.17$14,497
Oct 201555459443.552.43$25,568
Sep 201571043942.992.76$31,734
Aug 2015760040.162.87$30,522
Jul 20151,002048.152.95$48,246
Jun 2015838056.152.88$47,054
May 2015750055.212.96$41,408
Apr 201571281549.822.71$37,678
Mar 2015900042.892.93$38,601
Feb 2015837044.662.98$37,380
Jan 20151,093043.433.10$47,469
Dec 2014961054.693.59$52,557
Nov 2014908070.464.25$63,978
Oct 2014925078.303.90$72,428
Sep 20141,474086.164.05$127,000
Aug 2014732089.394.04$65,433
Jul 20141,015096.564.18$98,008
Jun 20141,080098.164.74$106,013
May 20141,284094.734.73$121,633
Apr 20147096095.944.81$68,310
Mar 20148784395.895.06$84,409
Feb 201491016797.406.19$89,668
Jan 2014984090.404.86$88,954
Dec 20131,029091.824.35$94,483
Nov 2013919088.853.74$81,653
Oct 2013889097.423.78$86,606
Sep 20139596104.113.72$99,864
Aug 2013902150104.253.52$94,562
Jul 201380696102.523.72$82,988
Jun 201395010594.403.93$90,093
May 20131,01621694.834.15$97,243
Apr 201394418793.964.28$89,499
Mar 20136632493.623.91$62,164
Feb 2013687091.233.42$62,675
Jan 2013797091.603.42$73,005
Dec 20121,015086.773.42$88,072
Nov 20121,086086.953.62$94,428
Oct 20121,222389.383.40$109,233
Sep 20121,0374194.672.92$98,292
Aug 20121,1971792.662.91$110,963
Jul 201297718585.133.02$83,731
Jun 20121,03210879.822.52$82,646
May 20121,32321491.612.49$121,733
Apr 20121,05678101.652.00$107,498
Mar 20121,16769105.052.22$122,747
Feb 20121,17228101.102.57$118,561
Jan 20121,832798.092.73$179,720
Dec 20111,118696.873.24$108,320

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.

May 2026 — as filed, then multipliedworked
Oil                  488 bbl  × $106.41 =    $51,928
Casinghead gas        79 Mcf  × $  3.05 =       $241

────────────────────────────────────────────────────
Month total                                  $52,169

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/41247 is the state's own key, not one this site invented.