REED. L. R & W. N.

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 41275District 08Field 42971200OilSave
Value, all time
$9.8 M
Dec 2011 – May 2026
Value, last 12 filed months
$357 k
at the published price for each month
Months reported
174
no gaps in the span
Streams
1
oil

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
OilDisposition138,438 bbl$9,780,181
Total$9,780,181

Wells on this lease (25)

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 32.0990, -101.2641. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.09900, -101.26414 · 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
44.0%
11 of 25 wells
With a plug date
36.0%
9 of 25 wells
Median depth
3,050 ft
25 wells filed one
Completion to plug
24.0 years
median over 9 wells

What the state filed about each well

On the RRC proration schedule
1144.0%
A plug date is filed
936.0%
BothOn the schedule and plugged. Neither fact cancels the other.
936.0%
NeitherNo plug date, and not on the schedule.
1456.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 25 of 25 wells. Median 3,050 ft, with the middle half between 1,750 and 3,081 ft; the shallowest is 1,600 ft and the deepest 3,305 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

60s
70s
80s
90s
00s
10s
20s

Last completion by decade, 25 of 25 wells, Mar 1965 – Sep 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
Mar 1965 – Sep 2022
25 of 25 wells
Plug dates filed
May 2012 – Apr 2023
9 of 25 wells; 16 filed none

Last completion to plug: a median of 24.0 years across the 9 wells that filed both dates, with the middle half between 19.1 years and 53.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

25 wells

42-2270016593,034 ftSep 2022
42-22700137153,081 ftMar 2018
42-2270016711 L3,100 ftMar 2014Yes
42-2270017123,035 ftSep 2002Yes
42-2270018363,064 ftApr 1999May 2018Yes
42-2270016483,075 ftApr 1999Apr 2023Yes
42-2270018253,056 ftApr 1999
42-22700136143,117 ftMar 1999
42-22700166103,095 ftFeb 1999
42-22710024221,750 ftNov 1998May 2021Yes
42-227351391R3,305 ftAug 1997
42-2270013816 L3,052 ftJan 1997
42-227001847 L3,060 ftDec 1996Dec 2014Yes
42-227001814 L3,038 ftNov 1996
42-227001743 L3,050 ftNov 1996May 2012Yes
42-22700139133,084 ftSep 1996
42-22700140123,100 ftJan 1996
42-22710021191,727 ftNov 1995
42-22710023211,758 ftJun 1995
42-22710030281,600 ftMay 1995
42-22710029271,615 ftApr 1965May 2015Yes
42-22710022201,610 ftApr 1965May 2018Yes
42-22710026241,633 ftApr 1965May 2018Yes
42-22710025231,670 ftApr 1965
42-22710020181,750 ftMar 1965May 2018Yes

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 2026457106.413.05$48,629
Apr 202646798.932.87$46,200
Mar 202632589.753.15$29,169
Feb 202638563.503.75$24,448
Jan 202636059.138.00$21,287
Dec 202555756.664.41$31,560
Nov 202533958.593.93$19,862
Oct 202535859.383.30$21,258
Sep 202535962.743.08$22,524
Aug 202555163.933.01$35,225
Jul 202549666.743.32$33,103
Jun 202535466.483.13$23,534
May 202533360.553.23$20,163
Apr 202550962.363.54$31,741
Mar 202534367.704.27$23,221
Feb 202549570.884.34$35,086
Jan 202533774.324.28$25,046
Dec 202467168.993.12$46,292
Nov 202436069.052.20$24,858
Oct 202466971.372.28$47,747
Sep 202450769.612.36$35,292
Aug 202449175.632.06$37,134
Jul 202451279.932.15$40,924
Jun 202450378.082.63$39,274
May 202451278.812.20$40,351
Apr 202469984.451.66$59,031
Mar 202452280.301.55$41,917
Feb 202473476.091.78$55,850
Jan 202453273.023.30$38,847
Dec 202371071.262.61$50,595
Nov 20231,06277.892.81$82,719
Oct 202351685.443.09$44,087
Sep 202368289.042.74$60,725
Aug 202368580.522.67$55,156
Jul 202351074.852.64$38,174
Jun 202367268.962.26$46,341
May 20231,00270.622.23$70,761
Apr 202351578.122.24$40,232
Mar 202369772.852.39$50,776
Feb 202349575.112.47$37,179
Jan 202370276.533.39$53,724
Dec 202251076.415.73$38,969
Nov 202281285.005.65$69,020
Oct 202271087.185.86$61,898
Sep 202268584.888.16$58,143
Aug 202270894.529.13$66,920
Jul 2022542101.587.54$55,056
Jun 2022801115.097.98$92,187
May 2022527109.378.43$57,638
Apr 2022661104.226.84$68,889
Mar 2022715108.885.08$77,849
Feb 202257391.054.86$52,172
Jan 202276881.844.54$62,853
Dec 202169471.323.90$49,496
Nov 202174377.435.24$57,530
Oct 202167679.795.71$53,938
Sep 202152569.865.35$36,677
Aug 202171266.024.22$47,006
Jul 202133570.783.98$23,711
Jun 202148569.493.38$33,703
May 202116463.483.02$10,411
Apr 202168060.362.76$41,045
Mar 202135461.302.72$21,700
Feb 202136557.805.55$21,097
Jan 202155150.412.81$27,776
Dec 202054244.642.68$24,195
Nov 202068938.772.71$26,713
Oct 202036636.972.48$13,531
Sep 202033737.091.99$12,499
Aug 202054639.982.39$21,829
Jul 202053538.371.83$20,528
Jun 202070134.901.69$24,465
May 202072316.921.81$12,233
Apr 202081014.751.80$11,948
Mar 202096630.341.86$29,308
Feb 202066049.881.98$32,921
Jan 202083657.252.09$47,861
Dec 201995259.012.30$56,178
Nov 201966855.302.75$36,940
Oct 201995353.472.42$50,957
Sep 201963455.052.66$34,902
Aug 201984253.112.30$44,719
Jul 201979956.272.46$44,960
Jun 201961852.782.49$32,618
May 201993458.482.74$54,620
Apr 201993562.632.75$58,559
Mar 201995156.803.06$54,017
Feb 201947750.852.79$24,255
Jan 201995346.033.23$43,867
Dec 201864846.594.19$30,190
Nov 201848652.934.24$25,724
Oct 201881761.443.40$50,196
Sep 201862559.543.11$37,213
Aug 20181,12559.403.07$66,825
Jul 201881465.142.93$53,024
Jun 201863160.183.08$37,974
May 201894765.382.90$61,915
Apr 201860963.842.90$38,879
Mar 20181,55261.222.79$95,013
Feb 201892561.782.77$57,147
Jan 201863362.874.01$39,797
Dec 201776857.272.92$43,983
Nov 201779455.423.12$44,003
Oct 201795949.292.98$47,269
Sep 201763947.523.09$30,365
Aug 201795745.373.00$43,419
Jul 201749043.873.09$21,496
Jun 201765742.493.09$27,916
May 201799145.373.26$44,962
Apr 201774247.933.21$35,564
Mar 201780446.772.98$37,603
Feb 201767250.452.95$33,902
Jan 201783349.413.42$41,159
Dec 201681548.763.72$39,739
Nov 201681742.492.64$34,714
Oct 201681646.193.09$37,691
Sep 201665841.553.10$27,340
Aug 201680441.442.92$33,318
Jul 201679741.622.92$33,171
Jun 201693045.352.69$42,176
May 201662842.521.99$26,703
Apr 20161,07336.561.99$39,229
Mar 201682033.011.79$27,068
Feb 20161,02826.472.06$27,211
Jan 201679527.352.36$21,743
Dec 201581832.362.00$26,470
Nov 201591138.792.17$35,338
Oct 201590143.552.43$39,239
Sep 201576042.992.76$32,672
Aug 201584940.162.87$34,096
Jul 201588648.152.95$42,661
Jun 201588456.152.88$49,637
May 201588355.212.96$48,750
Apr 201587349.822.71$43,493
Mar 201572642.892.93$31,138
Feb 201573744.662.98$32,914
Jan 201558643.433.10$25,450
Dec 201469354.693.59$37,900
Nov 201479270.464.25$55,804
Oct 201478778.303.90$61,622
Sep 201439086.164.05$33,602
Aug 201493689.394.04$83,669
Jul 20141,14096.564.18$110,078
Jun 20141,06398.164.74$104,344
May 20141,04994.734.73$99,372
Apr 20141,16595.944.81$111,770
Mar 20141,22295.895.06$117,178
Feb 20141,10497.406.19$107,530
Jan 20141,07790.404.86$97,361
Dec 20131,14491.824.35$105,042
Nov 201397288.853.74$86,362
Oct 20131,26497.423.78$123,139
Sep 20131,280104.113.72$133,261
Aug 20131,147104.253.52$119,575
Jul 20131,260102.523.72$129,175
Jun 20131,33194.403.93$125,646
May 20131,43594.834.15$136,081
Apr 20131,21893.964.28$114,443
Mar 20131,26493.623.91$118,336
Feb 20131,18791.233.42$108,290
Jan 20131,38491.603.42$126,774
Dec 20121,35386.773.42$117,400
Nov 20121,35086.953.62$117,383
Oct 20121,41489.383.40$126,383
Sep 20121,54294.672.92$145,981
Aug 20121,47192.662.91$136,303
Jul 20121,55485.133.02$132,292
Jun 20121,19079.822.52$94,986
May 20121,49591.612.49$136,957
Apr 20121,545101.652.00$157,049
Mar 20121,667105.052.22$175,118
Feb 20121,526101.102.57$154,279
Jan 20121,56498.092.73$153,413
Dec 20111,84296.873.24$178,435

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                  457 bbl  × $106.41 =    $48,629

────────────────────────────────────────────────────
Month total                                  $48,629

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/41275 is the state's own key, not one this site invented.