REED "D-142"

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 41268District 08Field 42971200Hydrogen sulphide fieldOilSaveExport
Value, all time
$3.3 M
Dec 2011 – May 2026
Value, last 12 filed months
$160 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
OilDisposition47,812 bbl$3,309,145
Total$3,309,145

Wells on this lease (4)

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 32.0986, -101.2557. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.09866, -101.25571 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
3,763 ft
4 wells filed one
Completion to plug
44.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 3,747 and 3,811 ft, median 3,763 ft, over the 4 wells that filed a depth.

Completions filed
Jul 1971 – Jun 1997
4 of 4 wells
Plug dates filed
Jan 2016
1 of 4 wells; 3 filed none

Last completion to plug: a median of 44.3 years across the 1 well that filed both dates, with the middle half between 44.3 years and 44.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-2273029833,765 ftJun 1997
42-2273032043,747 ftOct 1971Jan 2016Yes
42-2273028923,761 ftAug 1971
42-2273027313,811 ftJul 1971

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 2026317106.413.05$33,732
Apr 202615598.932.87$15,334
Mar 202615089.753.15$13,463
Feb 202615463.503.75$9,779
Jan 202617859.138.00$10,525
Dec 202516756.664.41$9,462
Nov 202517258.593.93$10,077
Oct 202514159.383.30$8,373
Sep 202517362.743.08$10,854
Aug 202514863.933.01$9,462
Jul 202514566.743.32$9,677
Jun 202529166.483.13$19,346
May 202516160.553.23$9,749
Apr 202515562.363.54$9,666
Mar 202516567.704.27$11,171
Feb 202516070.884.34$11,341
Jan 202519574.324.28$14,492
Dec 202419468.993.12$13,384
Nov 2024069.052.20$0
Oct 202419271.372.28$13,703
Sep 2024069.612.36$0
Aug 202435575.632.06$26,849
Jul 2024079.932.15$0
Jun 202416778.082.63$13,039
May 202417078.812.20$13,398
Apr 202433784.451.66$28,460
Mar 202414980.301.55$11,965
Feb 202415676.091.78$11,870
Jan 202415173.023.30$11,026
Dec 202317371.262.61$12,328
Nov 202330777.892.81$23,912
Oct 202314985.443.09$12,731
Sep 202314789.042.74$13,089
Aug 202315280.522.67$12,239
Jul 2023074.852.64$0
Jun 202330968.962.26$21,309
May 202315370.622.23$10,805
Apr 202315078.122.24$11,718
Mar 202316472.852.39$11,947
Feb 202315575.112.47$11,642
Jan 202315176.533.39$11,556
Dec 202230676.415.73$23,381
Nov 202215085.005.65$12,750
Oct 2022087.185.86$0
Sep 202230784.888.16$26,058
Aug 202215394.529.13$14,462
Jul 2022156101.587.54$15,846
Jun 2022307115.097.98$35,333
May 2022154109.378.43$16,843
Apr 2022153104.226.84$15,946
Mar 2022306108.885.08$33,317
Feb 202216691.054.86$15,114
Jan 202229381.844.54$23,979
Dec 202115071.323.90$10,698
Nov 202115177.435.24$11,692
Oct 202114979.795.71$11,889
Sep 202131269.865.35$21,796
Aug 202130366.024.22$20,004
Jul 202117470.783.98$12,316
Jun 202117069.493.38$11,813
May 202115063.483.02$9,522
Apr 2021060.362.76$0
Mar 202130661.302.72$18,758
Feb 20216057.805.55$3,468
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 202015436.972.48$5,693
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 202015638.371.83$5,986
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 202032330.341.86$9,800
Feb 202018749.881.98$9,328
Jan 202032657.252.09$18,664
Dec 201915959.012.30$9,383
Nov 201931455.302.75$17,364
Oct 201916053.472.42$8,555
Sep 201916655.052.66$9,138
Aug 201937153.112.30$19,704
Jul 201937356.272.46$20,989
Jun 201916252.782.49$8,550
May 2019058.482.74$0
Apr 201914862.632.75$9,269
Mar 201930556.803.06$17,324
Feb 201933450.852.79$16,984
Jan 201933546.033.23$15,420
Dec 201830446.594.19$14,163
Nov 201832152.934.24$16,991
Oct 201817661.443.40$10,813
Sep 201847259.543.11$28,103
Aug 201830459.403.07$18,058
Jul 201822865.142.93$14,852
Jun 201844560.183.08$26,780
May 201830865.382.90$20,137
Apr 201830263.842.90$19,280
Mar 201830861.222.79$18,856
Feb 201830761.782.77$18,966
Jan 201849462.874.01$31,058
Dec 201731857.272.92$18,212
Nov 201731955.423.12$17,679
Oct 201746149.292.98$22,723
Sep 201733847.523.09$16,062
Aug 201734745.373.00$15,743
Jul 201733443.873.09$14,653
Jun 201747642.493.09$20,225
May 201731445.373.26$14,246
Apr 201744147.933.21$21,137
Mar 201746646.772.98$21,795
Feb 201731350.452.95$15,791
Jan 201731249.413.42$15,416
Dec 201648548.763.72$23,649
Nov 201631042.492.64$13,172
Oct 201631046.193.09$14,319
Sep 201632141.553.10$13,338
Aug 201647541.442.92$19,684
Jul 201633241.622.92$13,818
Jun 201649045.352.69$22,222
May 201633142.521.99$14,074
Apr 201634436.561.99$12,577
Mar 201633333.011.79$10,992
Feb 201633026.472.06$8,735
Jan 201649527.352.36$13,538
Dec 201534132.362.00$11,035
Nov 201532638.792.17$12,646
Oct 201548443.552.43$21,078
Sep 201550142.992.76$21,538
Aug 201532740.162.87$13,132
Jul 201531248.152.95$15,023
Jun 201549056.152.88$27,514
May 201533555.212.96$18,495
Apr 201525049.822.71$12,455
Mar 201551842.892.93$22,217
Feb 201522944.662.98$10,227
Jan 201544443.433.10$19,283
Dec 201425554.693.59$13,946
Nov 201420770.464.25$14,585
Oct 201448978.303.90$38,289
Sep 201424186.164.05$20,765
Aug 201449489.394.04$44,159
Jul 201424296.564.18$23,368
Jun 201424998.164.74$24,442
May 201448594.734.73$45,944
Apr 201425395.944.81$24,273
Mar 201448795.895.06$46,698
Feb 201425197.406.19$24,447
Jan 201447590.404.86$42,940
Dec 201340391.824.35$37,003
Nov 201324988.853.74$22,124
Oct 201348397.423.78$47,054
Sep 2013484104.113.72$50,389
Aug 2013238104.253.52$24,812
Jul 2013488102.523.72$50,030
Jun 201324594.403.93$23,128
May 201348694.834.15$46,087
Apr 201348993.964.28$45,946
Mar 201322593.623.91$21,065
Feb 201344891.233.42$40,871
Jan 201351291.603.42$46,899
Dec 201225086.773.42$21,693
Nov 201247186.953.62$40,953
Oct 201246689.383.40$41,651
Sep 201248894.672.92$46,199
Aug 201248792.662.91$45,125
Jul 201249185.133.02$41,799
Jun 201249079.822.52$39,112
May 201249091.612.49$44,889
Apr 20120101.652.00$0
Mar 2012494105.052.22$51,895
Feb 2012469101.102.57$47,416
Jan 201276298.092.73$74,745
Dec 201179896.873.24$77,302

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                  317 bbl  × $106.41 =    $33,732

────────────────────────────────────────────────────
Month total                                  $33,732

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/41268 is the state's own key, not one this site invented.