REED -A-

Operated by GRAYROCK ENERGY II, LLC (P-5 101718) 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 41267District 08Field 42971200Hydrogen sulphide fieldOilSaveExport
Value, all time
$2.7 M
Dec 2011 – May 2026
Value, last 12 filed months
$156 k
at the published price for each month
Months reported
174
no gaps in the span
Streams
1
oil

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
OilDisposition39,346 bbl$2,745,235
Total$2,745,235

Wells on this lease (7)

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 32.0993, -101.2482. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.09906, -101.24784 · 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
42.9%
3 of 7 wells
With a plug date
42.9%
3 of 7 wells
Median depth
3,682 ft
6 wells filed one
Completion to plug
38.6 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
342.9%
A plug date is filed
342.9%
BothOn the schedule and plugged. Neither fact cancels the other.
342.9%
NeitherNo plug date, and not on the schedule.
457.1%

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 3,150 and 3,779 ft, median 3,682 ft, over the 6 wells that filed a depth.

Completions filed
Sep 1982 – Mar 1993
7 of 7 wells
Plug dates filed
Sep 2021 – May 2024
3 of 7 wells; 4 filed none

Last completion to plug: a median of 38.6 years across the 3 wells that filed both dates, with the middle half between 38.4 years and 39.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-2273026023,751 ftMar 1993
42-2273316143,150 ftFeb 1984May 2024Yes
42-2273022453,612 ftJan 1984
42-2273316263,150 ftJan 1984Aug 2022Yes
42-2273023113,751 ftJun 1983Sep 2021Yes
42-227330467Jun 1983
42-2273028733,779 ftSep 1982

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 2026165106.413.05$17,558
Apr 2026098.932.87$0
Mar 202615789.753.15$14,091
Feb 202632063.503.75$20,320
Jan 202617159.138.00$10,111
Dec 202516656.664.41$9,406
Nov 202516758.593.93$9,785
Oct 202534259.383.30$20,308
Sep 202516462.743.08$10,289
Aug 202534263.933.01$21,864
Jul 202516566.743.32$11,012
Jun 202516766.483.13$11,102
May 202530960.553.23$18,710
Apr 202514762.363.54$9,167
Mar 202516567.704.27$11,171
Feb 202515670.884.34$11,057
Jan 202532674.324.28$24,228
Dec 202430668.993.12$21,111
Nov 202415269.052.20$10,496
Oct 202415871.372.28$11,276
Sep 202415069.612.36$10,442
Aug 202436575.632.06$27,605
Jul 202417079.932.15$13,588
Jun 202415778.082.63$12,259
May 202417578.812.20$13,792
Apr 202415884.451.66$13,343
Mar 202433080.301.55$26,499
Feb 202415876.091.78$12,022
Jan 202416173.023.30$11,756
Dec 202315271.262.61$10,832
Nov 202332977.892.81$25,626
Oct 202315885.443.09$13,500
Sep 202315189.042.74$13,445
Aug 202331480.522.67$25,283
Jul 202315774.852.64$11,751
Jun 202315968.962.26$10,965
May 202331670.622.23$22,316
Apr 202315778.122.24$12,265
Mar 202317372.852.39$12,603
Feb 202315875.112.47$11,867
Jan 202317676.533.39$13,469
Dec 202231776.415.73$24,222
Nov 20221485.005.65$1,190
Oct 202231487.185.86$27,375
Sep 2022084.888.16$0
Aug 202228794.529.13$27,127
Jul 2022150101.587.54$15,237
Jun 2022321115.097.98$36,944
May 2022155109.378.43$16,952
Apr 2022155104.226.84$16,154
Mar 2022159108.885.08$17,312
Feb 202230691.054.86$27,861
Jan 20221681.844.54$1,309
Dec 202130871.323.90$21,967
Nov 202130477.435.24$23,539
Oct 202137779.795.71$30,081
Sep 2021069.865.35$0
Aug 202115966.024.22$10,497
Jul 202118670.783.98$13,165
Jun 2021069.493.38$0
May 202116663.483.02$10,538
Apr 202115660.362.76$9,416
Mar 202131761.302.72$19,432
Feb 2021057.805.55$0
Jan 202115250.412.81$7,662
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 202023038.371.83$8,825
Jun 2020034.901.69$0
May 202016916.921.81$2,859
Apr 2020014.751.80$0
Mar 202015030.341.86$4,551
Feb 202016549.881.98$8,230
Jan 202015757.252.09$8,988
Dec 201915859.012.30$9,324
Nov 201915255.302.75$8,406
Oct 201918053.472.42$9,625
Sep 201915955.052.66$8,753
Aug 201918753.112.30$9,932
Jul 201914856.272.46$8,328
Jun 201917752.782.49$9,342
May 201917558.482.74$10,234
Apr 201931562.632.75$19,728
Mar 2019056.803.06$0
Feb 201915850.852.79$8,034
Jan 201930646.033.23$14,085
Dec 2018046.594.19$0
Nov 201833652.934.24$17,784
Oct 201816061.443.40$9,830
Sep 2018059.543.11$0
Aug 201814059.403.07$8,316
Jul 201839665.142.93$25,795
Jun 2018060.183.08$0
May 201834365.382.90$22,425
Apr 201815063.842.90$9,576
Mar 201815661.222.79$9,550
Feb 201815061.782.77$9,267
Jan 201814762.874.01$9,242
Dec 201731857.272.92$18,212
Nov 201733755.423.12$18,677
Oct 201716949.292.98$8,330
Sep 201715547.523.09$7,366
Aug 201732045.373.00$14,518
Jul 201732643.873.09$14,302
Jun 201731042.493.09$13,172
May 201731445.373.26$14,246
Apr 201715847.933.21$7,573
Mar 201732846.772.98$15,341
Feb 201730950.452.95$15,589
Jan 201747449.413.42$23,420
Dec 201615448.763.72$7,509
Nov 201615742.492.64$6,671
Oct 201631646.193.09$14,596
Sep 201632741.553.10$13,587
Aug 201616541.442.92$6,838
Jul 201634541.622.92$14,359
Jun 201633145.352.69$15,011
May 201616842.521.99$7,143
Apr 201633936.561.99$12,394
Mar 201616933.011.79$5,579
Feb 201633026.472.06$8,735
Jan 201633627.352.36$9,190
Dec 201532232.362.00$10,420
Nov 201516838.792.17$6,517
Oct 201532543.552.43$14,154
Sep 201534942.992.76$15,004
Aug 201533940.162.87$13,614
Jul 201533748.152.95$16,227
Jun 201533356.152.88$18,698
May 201534855.212.96$19,213
Apr 201534349.822.71$17,088
Mar 201533242.892.93$14,239
Feb 201516944.662.98$7,548
Jan 201532243.433.10$13,984
Dec 201433454.693.59$18,266
Nov 201416770.464.25$11,767
Oct 201436278.303.90$28,345
Sep 201434786.164.05$29,898
Aug 201433489.394.04$29,856
Jul 201433096.564.18$31,865
Jun 201449098.164.74$48,098
May 201416094.734.73$15,157
Apr 201433895.944.81$32,428
Mar 201433295.895.06$31,835
Feb 201449097.406.19$47,726
Jan 201415490.404.86$13,922
Dec 201316791.824.35$15,334
Nov 201316888.853.74$14,927
Oct 201330897.423.78$30,005
Sep 2013323104.113.72$33,628
Aug 2013155104.253.52$16,159
Jul 2013329102.523.72$33,729
Jun 201332994.403.93$31,058
May 201333294.834.15$31,484
Apr 201316593.964.28$15,503
Mar 201333393.623.91$31,175
Feb 201316891.233.42$15,327
Jan 201336191.603.42$33,068
Dec 201233486.773.42$28,981
Nov 201233386.953.62$28,954
Oct 201232789.383.40$29,227
Sep 201216394.672.92$15,431
Aug 201248592.662.91$44,940
Jul 201219685.133.02$16,685
Jun 201233479.822.52$26,660
May 201234391.612.49$31,422
Apr 2012321101.652.00$32,630
Mar 2012320105.052.22$33,616
Feb 2012352101.102.57$35,587
Jan 201233798.092.73$33,056
Dec 201163196.873.24$61,125

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                  165 bbl  × $106.41 =    $17,558

────────────────────────────────────────────────────
Month total                                  $17,558

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/41267 is the state's own key, not one this site invented.