REED, W. N. & L. & R.

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 41249District 08Field 42971200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$9.3 M
Dec 2011 – May 2026
Value, last 12 filed months
$466 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
OilDisposition138,890 bbl$9,204,611
Casinghead gasProduction33,921 Mcf$108,803
Total$9,313,414

Wells on this lease (10)

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 32.0985, -101.2554. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.09828, -101.25556 · 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
20.0%
2 of 10 wells
With a plug date
10.0%
1 of 10 wells
Median depth
3,102 ft
9 wells filed one
Completion to plug
21.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
220.0%
A plug date is filed
110.0%
BothOn the schedule and plugged. Neither fact cancels the other.
110.0%
NeitherNo plug date, and not on the schedule.
880.0%

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, 9 of 10 wells. Median 3,102 ft, with the middle half between 3,066 and 3,300 ft; the shallowest is 2,975 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, 9 of 10 wells, Apr 1967 – Nov 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
Apr 1967 – Nov 2022
9 of 10 wells; 1 filed none
Plug dates filed
Feb 2013
1 of 10 wells; 9 filed none

Last completion to plug: a median of 21.8 years across the 1 well that filed both dates, with the middle half between 21.8 years and 21.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

10 wells

42-227028703
42-227028847W3,066 ftNov 2022
42-2270288163,087 ftJun 2015
42-22734568213,300 ftNov 2013
42-22734475193,300 ftDec 2011
42-2273457822W3,300 ftMay 1991Feb 2013Yes
42-2270288992,975 ftAug 1990
42-2271020610013,102 ftMar 1990
42-22734476203,300 ftJan 1990Yes
42-22710209163,060 ftApr 1967

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 20264880106.413.05$51,928
Apr 202651823598.932.87$51,920
Mar 202651210289.753.15$46,273
Feb 2026479063.503.75$30,417
Jan 2026529059.138.00$31,280
Dec 2025646056.664.41$36,602
Nov 2025588058.593.93$34,451
Oct 2025592059.383.30$35,153
Sep 2025476062.743.08$29,864
Aug 2025664063.933.01$42,450
Jul 2025615066.743.32$41,045
Jun 2025528066.483.13$35,101
May 2025641060.553.23$38,813
Apr 2025638062.363.54$39,786
Mar 2025564067.704.27$38,183
Feb 2025493070.884.34$34,944
Jan 2025597074.324.28$44,369
Dec 2024544068.993.12$37,531
Nov 2024529069.052.20$36,527
Oct 2024563071.372.28$40,181
Sep 2024485069.612.36$33,761
Aug 2024502075.632.06$37,966
Jul 2024486079.932.15$38,846
Jun 2024473078.082.63$36,932
May 2024479078.812.20$37,750
Apr 2024429084.451.66$36,229
Mar 2024542080.301.55$43,523
Feb 2024451076.091.78$34,317
Jan 202442820873.023.30$31,938
Dec 202356929971.262.61$41,328
Nov 202369228877.892.81$54,708
Oct 202354228385.443.09$47,182
Sep 202346930089.042.74$42,580
Aug 202335436380.522.67$29,474
Jul 202347532074.852.64$36,399
Jun 20235592068.962.26$38,594
May 20235814070.622.23$41,119
Apr 202361516978.122.24$48,422
Mar 202368845572.852.39$51,210
Feb 202352826375.112.47$40,307
Jan 202355748276.533.39$44,260
Dec 202271325076.415.73$55,913
Nov 20225785585.005.65$49,441
Oct 2022603587.185.86$52,599
Sep 20225852684.888.16$49,867
Aug 20228469094.529.13$80,785
Jul 2022723250101.587.54$75,328
Jun 2022796190115.097.98$93,127
May 2022820310109.378.43$92,298
Apr 2022723335104.226.84$77,642
Mar 2022635255108.885.08$70,433
Feb 202249721091.054.86$46,272
Jan 202278030081.844.54$65,197
Dec 202161729071.323.90$45,135
Nov 202157128077.435.24$45,679
Oct 202156625079.795.71$46,590
Sep 202158818569.865.35$42,068
Aug 202155622066.024.22$37,636
Jul 202151919570.783.98$37,511
Jun 202174011469.493.38$51,808
May 20215488563.483.02$35,044
Apr 202156115960.362.76$34,301
Mar 2021621061.302.72$38,067
Feb 2021344057.805.55$19,883
Jan 202161412750.412.81$31,309
Dec 202077112044.642.68$34,739
Nov 20207489038.772.71$29,244
Oct 20206978336.972.48$25,974
Sep 20206849337.091.99$25,555
Aug 202074516939.982.39$30,188
Jul 202072814038.371.83$28,189
Jun 20201,01716034.901.69$35,764
May 202051618016.921.81$9,057
Apr 202088820514.751.80$13,468
Mar 202096736430.341.86$30,014
Feb 202087626649.881.98$44,222
Jan 20201,06332657.252.09$61,540
Dec 201993526559.012.30$55,785
Nov 201997119555.302.75$54,233
Oct 20191,05121053.472.42$56,705
Sep 201990919555.052.66$50,559
Aug 201971115553.112.30$38,118
Jul 201999425956.272.46$56,570
Jun 20191,23126952.782.49$65,642
May 20191,16224858.482.74$68,633
Apr 20191,29914862.632.75$81,763
Mar 20191,45018456.803.06$82,923
Feb 20191,36519050.852.79$69,941
Jan 20191,75017046.033.23$81,101
Dec 20181,49525846.594.19$70,732
Nov 20181,53422552.934.24$82,148
Oct 20181,37312061.443.40$84,765
Sep 20181,36871959.543.11$83,685
Aug 20181,66954459.403.07$100,807
Jul 20181,14344265.142.93$75,751
Jun 20181,13440260.183.08$69,481
May 20181,04911965.382.90$68,929
Apr 201887057463.842.90$57,206
Mar 201883240161.222.79$52,053
Feb 201870322761.782.77$44,059
Jan 201861326662.874.01$39,606
Dec 201775439357.272.92$44,330
Nov 201794128455.423.12$53,036
Oct 201781349849.292.98$41,559
Sep 201790625447.523.09$43,837
Aug 201748529545.373.00$22,891
Jul 201754932943.873.09$25,100
Jun 20171,00151042.493.09$44,107
May 20171,01854845.373.26$47,975
Apr 201799056347.933.21$49,259
Mar 201799544546.772.98$47,864
Feb 201785243950.452.95$44,280
Jan 20171,1471,08249.413.42$60,372
Dec 201687495348.763.72$46,164
Nov 20161,01835142.492.64$44,183
Oct 201684577546.193.09$41,426
Sep 20169441,07041.553.10$42,541
Aug 20161,0931,13241.442.92$48,604
Jul 201659829941.622.92$25,763
Jun 20161,04124645.352.69$47,870
May 20161,30354142.521.99$56,481
Apr 201688413836.561.99$32,594
Mar 20161,085033.011.79$35,816
Feb 201696239626.472.06$26,281
Jan 201667366927.352.36$19,988
Dec 201553555932.362.00$18,431
Nov 201572817638.792.17$28,621
Oct 201592370543.552.43$41,907
Sep 20151,05349242.992.76$46,626
Aug 20151,015040.162.87$40,762
Jul 20151,051048.152.95$50,606
Jun 2015871056.152.88$48,907
May 2015738055.212.96$40,745
Apr 201564295849.822.71$34,577
Mar 2015904042.892.93$38,773
Feb 2015632044.662.98$28,225
Jan 2015724043.433.10$31,443
Dec 20141,091054.693.59$59,667
Nov 2014901070.464.25$63,484
Oct 20141,122078.303.90$87,853
Sep 20141,348086.164.05$116,144
Aug 2014609089.394.04$54,439
Jul 20141,004096.564.18$96,946
Jun 20141,084098.164.74$106,405
May 20141,451094.734.73$137,453
Apr 20148217295.944.81$79,113
Mar 20149255795.895.06$88,986
Feb 201492617797.406.19$91,288
Jan 20141,280090.404.86$115,712
Dec 20131,231091.824.35$113,030
Nov 2013655088.853.74$58,197
Oct 2013695097.423.78$67,707
Sep 20137637104.113.72$79,462
Aug 2013929175104.253.52$97,465
Jul 2013967114102.523.72$99,561
Jun 201379010694.403.93$74,993
May 201389622094.834.15$85,880
Apr 201391118593.964.28$86,390
Mar 20135482093.623.91$51,382
Feb 2013593091.233.42$54,099
Jan 2013662091.603.42$60,639
Dec 2012766086.773.42$66,466
Nov 2012784086.953.62$68,169
Oct 2012854389.383.40$76,341
Sep 20126733494.672.92$63,812
Aug 20126741392.662.91$62,491
Jul 201279718185.133.02$68,395
Jun 201273310579.822.52$58,773
May 201276117991.612.49$70,161
Apr 201269569101.652.00$70,785
Mar 20121,03369105.052.22$108,670
Feb 20121,14533101.102.57$115,844
Jan 20121,041798.092.73$102,131
Dec 2011582696.873.24$56,398

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         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $51,928

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/41249 is the state's own key, not one this site invented.