REED TRUST 55-1-22 LOV

Operated by PDEH LLC (P-5 646827) in the SANDBAR (BONE SPRING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 44171District 08Field 80544500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$7.9 M
Apr 2013 – Mar 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
156
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 1,654 leases and 2,003 wells, and the rule below applies to all of them.

Discovered
2010-09-15
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 2015-08-25.

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: DKT08-0319479 ORDER NUNC PRO TUNC REGARDING SWR13

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
OilDisposition61,389 bbl$4,663,967
Casinghead gasProduction918,020 Mcf$3,205,870
Total$7,869,837

Wells on this lease (1)

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 31.9431, -103.7407. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94311, -103.74070 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,430 ft
1 wells filed one
Completion to plug
11.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 8,430 ft.

Completions filed
Apr 2013
1 of 1 wells
Plug dates filed
Oct 2024
1 of 1 wells

Last completion to plug: a median of 11.5 years across the 1 well that filed both dates, with the middle half between 11.5 years and 11.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-301318441H8,430 ftApr 2013Oct 2024Yes

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 (156)

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

156 months

Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
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 20214060.362.76$241
Mar 2021217061.302.72$13,302
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 201904,20953.112.30$9,699
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 20190546.033.23$16
Dec 20181046.594.19$47
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20181,0544,28265.142.93$81,212
Jun 2018310,63560.183.08$32,904
May 20181,44110,23165.382.90$123,891
Apr 201838,80363.842.90$25,727
Mar 20187229,42161.222.79$70,456
Feb 2018014,70561.782.77$40,676
Jan 20181,59618,70362.874.01$175,327
Dec 2017012,63957.272.92$36,925
Nov 2017011,75555.423.12$36,656
Oct 201738516,60349.292.98$68,515
Sep 201775321,31047.523.09$101,573
Aug 201737924,91845.373.00$92,059
Jul 201768812,89543.873.09$69,993
Jun 2017020,97842.493.09$64,765
May 201776023,87645.373.26$112,398
Apr 201755421,36647.933.21$95,172
Mar 201768221,58046.772.98$96,285
Feb 201770921,92650.452.95$100,508
Jan 201771722,91549.413.42$113,769
Dec 20161,02026,60748.763.72$148,789
Nov 201687332,99042.492.64$124,331
Oct 201686434,96146.193.09$147,947
Sep 201687914,81141.553.10$82,446
Aug 20161,23124,96741.442.92$124,025
Jul 201669113,11641.622.92$67,115
Jun 20160045.352.69$0
May 2016174042.521.99$7,398
Apr 20164836,95036.561.99$31,496
Mar 20161,23910,59033.011.79$59,898
Feb 201602,17526.472.06$4,488
Jan 20168849,38927.352.36$46,376
Dec 201517510632.362.00$5,875
Nov 2015010838.792.17$234
Oct 20158899,56743.552.43$61,931
Sep 201569511,82342.992.76$62,491
Aug 201588513,65640.162.87$74,768
Jul 20155333,17548.152.95$35,015
Jun 20151,53915,54256.152.88$131,220
May 20155153,82055.212.96$39,723
Apr 20150049.822.71$0
Mar 20151762,09442.892.93$13,694
Feb 20158938,89644.662.98$66,358
Jan 20158515,83943.433.10$55,064
Dec 20143405,51954.693.59$38,415
Nov 20141,2009,07670.464.25$123,142
Oct 20145274,12878.303.90$57,367
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014177094.734.73$16,767
Apr 20148977,35795.944.81$121,439
Mar 20141,67532,88295.895.06$326,893
Feb 20141,87732,54797.406.19$384,351
Jan 20142,45637,78390.404.86$405,675
Dec 20131,64921,08691.824.35$243,230
Nov 20133,02135,02988.853.74$399,364
Oct 20133,38151,87497.423.78$525,428
Sep 20135,53858,263104.113.72$793,168
Aug 20133,89326,368104.253.52$498,729
Jul 20136,49224,462102.523.72$756,503
Jun 20139962,18194.403.93$102,601
May 20130094.834.15$0
Apr 20131,1134,52893.964.28$123,969

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.

Apr 2021 — as filed, then multipliedworked
Oil                    4 bbl  × $ 60.36 =       $241
Casinghead gas         0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                     $241

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/44171 is the state's own key, not one this site invented.