REED, S.J. (SE/4)

Operated by COG OPERATING LLC (P-5 166150) in the PARKS (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 41368District 08Field 69233125Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$10.0 M
May 2011 – Dec 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
152
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 263 leases and 1,022 wells, and the rule below applies to all of them.

Discovered
2009-03-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-11-12.

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: PLAT OR A P-15, ACRE LIST, AND LEASE PLAT.

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
OilDisposition109,112 bbl$9,196,480
Casinghead gasProduction239,991 Mcf$820,576
Total$10,017,056

Wells on this lease (2)

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 31.8626, -102.1654. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.86265, -102.16537 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
11,102 ft
2 wells filed one
Completion to plug
7.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 11,098 and 11,105 ft, median 11,102 ft, over the 2 wells that filed a depth.

Completions filed
May 2011
2 of 2 wells
Plug dates filed
May 2015 – Jan 2022
2 of 2 wells

Last completion to plug: a median of 7.3 years across the 2 wells that filed both dates, with the middle half between 5.7 years and 9.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-32937118211,105 ftMay 2011Jan 2022Yes
42-32937048111,098 ftMay 2011May 2015Yes

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 (152)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

152 months

Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018243060.183.08$14,624
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 201829739361.222.79$19,278
Feb 2018028661.782.77$791
Jan 201828830162.874.01$19,313
Dec 201729074057.272.92$18,770
Nov 20178631,46355.423.12$52,390
Oct 20173111,42549.292.98$19,581
Sep 20177441,30047.523.09$39,368
Aug 20175921,55145.373.00$31,519
Jul 20175861,53143.873.09$30,434
Jun 20175891,25242.493.09$28,892
May 20176081,67245.373.26$33,041
Apr 20176021,49247.933.21$33,646
Mar 20178961,66646.772.98$46,877
Feb 20173081,22150.452.95$19,144
Jan 20175951,47549.413.42$34,442
Dec 20169101,51548.763.72$50,012
Nov 201629895942.492.64$15,198
Oct 201626023946.193.09$12,748
Sep 20166011,46941.553.10$29,526
Aug 20165941,58741.442.92$29,256
Jul 20165941,63341.622.92$29,498
Jun 20165871,63345.352.69$31,006
May 20165821,57642.521.99$27,885
Apr 20168591,49036.561.99$34,372
Mar 20165891,31133.011.79$21,795
Feb 20163061,03526.472.06$10,236
Jan 20168901,13427.352.36$27,023
Dec 20152861,25332.362.00$11,763
Nov 201550050238.792.17$20,483
Oct 201542387643.552.43$20,547
Sep 201517451542.992.76$8,901
Aug 201537767640.162.87$17,082
Jul 201538164448.152.95$20,242
Jun 201517823856.152.88$10,681
May 20152039755.212.96$11,494
Apr 20151335649.822.71$1,611
Mar 201550563742.892.93$23,529
Feb 201533768244.662.98$17,080
Jan 20151,3693,30143.433.10$69,691
Dec 20146894,11354.693.59$52,453
Nov 20149224,01570.464.25$82,035
Oct 20148364,61678.303.90$83,466
Sep 20141,1834,06786.164.05$118,380
Aug 20149644,61489.394.04$104,790
Jul 20141,3894,84796.564.18$154,380
Jun 20141,1834,55898.164.74$137,714
May 20141,7205,31894.734.73$188,071
Apr 20141,7835,15295.944.81$195,838
Mar 20141,6975,57395.895.06$190,907
Feb 20142,2794,28397.406.19$248,495
Jan 20141,4972,49290.404.86$147,442
Dec 20131,0152,23291.824.35$102,917
Nov 20136702,55088.853.74$69,062
Oct 20131,6543,19697.423.78$173,212
Sep 20131,9953,255104.113.72$219,801
Aug 20131,6523,640104.253.52$185,043
Jul 20131,6033,223102.523.72$176,322
Jun 20136211,28094.403.93$63,657
May 20131,6232,55894.834.15$164,522
Apr 20139923,22893.964.28$107,033
Mar 20131,6403,18793.623.91$166,007
Feb 20131,3342,56291.233.42$130,463
Jan 20131,7053,57091.603.42$168,387
Dec 20122,4814,80086.773.42$231,693
Nov 20121,9585,22086.953.62$189,170
Oct 20122,2714,90689.383.40$219,661
Sep 20121,9635,17794.672.92$200,946
Aug 20122,6004,88692.662.91$255,125
Jul 20122,5747,22985.133.02$240,962
Jun 20122,7616,33779.822.52$236,346
May 20123,2667,56191.612.49$318,012
Apr 20123,2797,776101.652.00$348,837
Mar 20124,2959,541105.052.22$472,391
Feb 20123,6517,133101.102.57$387,450
Jan 20124,9096,81198.092.73$500,146
Dec 20114,9037,88296.873.24$500,489
Nov 20115,0929,10695.723.31$517,559
Oct 20115,2516,92584.983.65$471,496
Sep 20112,8413,71083.623.99$252,352
Aug 20112,2093,04383.404.15$196,857
Jul 201153469394.144.52$53,401
Jun 20110092.904.64$0
May 20110098.134.40$0

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.

Jun 2018 — as filed, then multipliedworked
Oil                  243 bbl  × $ 60.18 =    $14,624
Casinghead gas         0 Mcf  × $  3.08 =         $0

────────────────────────────────────────────────────
Month total                                  $14,624

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/41368 is the state's own key, not one this site invented.