REED -B-

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 41248District 08Field 42971200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.1 M
Dec 2011 – May 2026
Value, last 12 filed months
$271 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
OilDisposition61,499 bbl$4,082,246
Casinghead gasProduction17,386 Mcf$54,147
Total$4,136,392

Wells on this lease (5)

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 32.0911, -101.2652. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles. 1 well has no surveyed location and is left out of it.

32.09138, -101.26578 · centre of 4 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 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
3,260 ft
5 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.
5100.0%

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

Between 3,165 and 6,636 ft, median 3,260 ft, over the 5 wells that filed a depth.

Completions filed
Jun 1989 – Feb 2016
5 of 5 wells

5 wells

42-227384581D6,636 ftFeb 2016
42-22734557153,260 ftMar 2013
42-22734621163,260 ftOct 2011
42-22710925133,295 ftMar 2011
42-2270288773,165 ftJun 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 202626138106.413.05$27,889
Apr 20263001698.932.87$29,725
Mar 20263034289.753.15$27,327
Feb 202628112363.503.75$18,305
Jan 20262926559.138.00$17,786
Dec 20253613656.664.41$20,613
Nov 20253397558.593.93$20,156
Oct 20253436759.383.30$20,589
Sep 20252766462.743.08$17,513
Aug 202538510263.933.01$24,921
Jul 20253647566.743.32$24,542
Jun 202532511366.483.13$21,960
May 202538018560.553.23$23,607
Apr 202540821062.363.54$26,187
Mar 202536017567.704.27$25,119
Feb 202530713970.884.34$22,364
Jan 202540416974.324.28$30,748
Dec 202442619868.993.12$30,008
Nov 202440214069.052.20$28,066
Oct 202445720071.372.28$33,072
Sep 202440418069.612.36$28,548
Aug 202441914875.632.06$31,994
Jul 202441515879.932.15$33,510
Jun 202442916978.082.63$33,941
May 202442213378.812.20$33,550
Apr 202439218584.451.66$33,411
Mar 202455619680.301.55$44,950
Feb 202430018276.091.78$23,152
Jan 202423219073.023.30$17,567
Dec 202328815071.262.61$20,914
Nov 202336114477.892.81$28,523
Oct 202331114185.443.09$27,007
Sep 202326615089.042.74$24,095
Aug 202320818180.522.67$17,232
Jul 202322216074.852.64$17,039
Jun 20238731368.962.26$6,706
May 20238449270.622.23$7,028
Apr 20231327078.122.24$10,468
Mar 202319818272.852.39$14,860
Feb 20232321875.112.47$17,470
Jan 2023225476.533.39$17,233
Dec 202228810076.415.73$22,579
Nov 20222312285.005.65$19,759
Oct 2022268287.185.86$23,376
Sep 20222641284.888.16$22,506
Aug 20222833694.529.13$27,078
Jul 2022280100101.587.54$29,197
Jun 202232076115.097.98$37,435
May 2022332124109.378.43$37,357
Apr 2022315134104.226.84$33,746
Mar 2022304102108.885.08$33,617
Feb 20222178491.054.86$20,166
Jan 202228212081.844.54$23,623
Dec 202120711671.323.90$15,216
Nov 202120611277.435.24$16,537
Oct 202125210079.795.71$20,678
Sep 20214427469.865.35$31,274
Aug 20212488866.024.22$16,744
Jul 20212318870.783.98$16,701
Jun 20212884269.493.38$20,155
May 20212943663.483.02$18,772
Apr 20213166860.362.76$19,261
Mar 2021325061.302.72$19,923
Feb 2021205057.805.55$11,849
Jan 20213385450.412.81$17,190
Dec 20203214644.642.68$14,453
Nov 20201361838.772.71$5,321
Oct 20202903236.972.48$10,801
Sep 20202343837.091.99$8,755
Aug 20201244639.982.39$5,067
Jul 2020602838.371.83$2,353
Jun 20201003234.901.69$3,544
May 2020693616.921.81$1,233
Apr 20201444314.751.80$2,202
Mar 202035214230.341.86$10,943
Feb 202031811049.881.98$16,080
Jan 202037312957.252.09$21,624
Dec 20193469859.012.30$20,643
Nov 20193447655.302.75$19,232
Oct 20193808553.472.42$20,524
Sep 20192687855.052.66$14,961
Aug 20191674853.112.30$8,980
Jul 20192287256.272.46$13,007
Jun 20192949852.782.49$15,761
May 20192639858.482.74$15,649
Apr 20191735162.632.75$10,975
Mar 20191575856.803.06$9,095
Feb 2019784950.852.79$4,103
Jan 20191107046.033.23$5,289
Dec 201812010646.594.19$6,034
Nov 20181279352.934.24$7,116
Oct 2018724861.443.40$4,587
Sep 2018114059.543.11$6,788
Aug 2018241059.403.07$14,315
Jul 201873918265.142.93$48,672
Jun 201816015560.183.08$10,106
May 20185154765.382.90$33,807
Apr 201863223163.842.90$41,017
Mar 201866616461.222.79$41,230
Feb 20185849261.782.77$36,334
Jan 20189910662.874.01$6,649
Dec 201757515757.272.92$33,389
Nov 201769911455.423.12$39,094
Oct 201746720049.292.98$23,615
Sep 201756510247.523.09$27,164
Aug 201756119745.373.00$26,044
Jul 201761516543.873.09$27,489
Jun 201754220442.493.09$23,659
May 201763921945.373.26$29,706
Apr 201748822647.933.21$24,116
Mar 201735217846.772.98$16,994
Feb 201723817650.452.95$12,527
Jan 201768544449.413.42$35,364
Dec 201649039748.763.72$25,370
Nov 201655013842.492.64$23,734
Oct 201646532846.193.09$22,492
Sep 201640945641.553.10$18,408
Aug 201624346341.442.92$11,424
Jul 201650514841.622.92$21,451
Jun 201660710745.352.69$27,815
May 201658621442.521.99$25,343
Apr 20165395636.561.99$19,817
Mar 2016851033.011.79$28,092
Feb 201681515826.472.06$21,899
Jan 201658431227.352.36$16,710
Dec 201551827532.362.00$17,313
Nov 20156348638.792.17$24,779
Oct 201562535343.552.43$28,075
Sep 201565617842.992.76$28,692
Aug 2015625040.162.87$25,100
Jul 2015680048.152.95$32,742
Jun 2015351056.152.88$19,709
May 201599055.212.96$5,466
Apr 201514439349.822.71$8,238
Mar 2015386042.892.93$16,556
Feb 2015311044.662.98$13,889
Jan 2015484043.433.10$21,020
Dec 2014481054.693.59$26,306
Nov 2014352070.464.25$24,802
Oct 2014300078.303.90$23,490
Sep 2014450086.164.05$38,772
Aug 2014190089.394.04$16,984
Jul 2014240096.564.18$23,174
Jun 2014258098.164.74$25,325
May 201486094.734.73$8,147
Apr 2014511395.944.81$4,955
Mar 20141271295.895.06$12,239
Feb 20142656897.406.19$26,232
Jan 2014480090.404.86$43,392
Dec 2013651091.824.35$59,775
Nov 2013593088.853.74$52,688
Oct 2013639097.423.78$62,251
Sep 20136582104.113.72$68,512
Aug 201379950104.253.52$83,472
Jul 201367031102.523.72$68,804
Jun 20135023494.403.93$47,523
May 20135627594.834.15$53,606
Apr 20134166793.964.28$39,374
Mar 2013103493.623.91$9,659
Feb 2013202091.233.42$18,428
Jan 2013225091.603.42$20,610
Dec 2012284086.773.42$24,643
Nov 2012294086.953.62$25,563
Oct 2012316189.383.40$28,247
Sep 20122701494.672.92$25,602
Aug 2012328592.662.91$30,407
Jul 20123537485.133.02$30,274
Jun 20123304779.822.52$26,459
May 20123819691.612.49$35,142
Apr 201227039101.652.00$27,523
Mar 201223723105.052.22$24,948
Feb 20122919101.102.57$29,443
Jan 2012462298.092.73$45,323
Dec 2011509396.873.24$49,317

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                  261 bbl  × $106.41 =    $27,773
Casinghead gas        38 Mcf  × $  3.05 =       $116

────────────────────────────────────────────────────
Month total                                  $27,889

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/41248 is the state's own key, not one this site invented.