REEVES TXL FEE T7-50-21

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 44932District 08Field 98359800OilCasinghead gasSave
Value, all time
$128.0 M
Nov 2013 – May 2026
Value, last 12 filed months
$6.3 M
at the published price for each month
Months reported
151
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,814,591 bbl$111,134,608
Casinghead gasProduction4,963,036 Mcf$16,842,023
Total$127,976,631

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 31.2507, -103.3226. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.25157, -103.32276 · 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
0.0%
0 of 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
10,708 ft
7 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
7100.0%

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 10,681 and 12,029 ft, median 10,708 ft, over the 7 wells that filed a depth.

Completions filed
Nov 2013 – Oct 2018
7 of 7 wells

7 wells

42-389363464H10,682 ftOct 2018
42-389363475H10,726 ftOct 2018
42-389363526H10,750 ftOct 2018
42-389363401H10,681 ftSep 2018
42-389363442H10,698 ftSep 2018
42-389363453H10,708 ftSep 2018
42-38933556112,029 ftNov 2013

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 (151)

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

151 months

May 20266,36920,541106.413.05$740,290
Apr 20266,88967,97598.932.87$876,598
Mar 20266,49150,41689.753.15$741,349
Feb 20263,58239,28763.503.75$374,796
Jan 20263,96213,05659.138.00$338,694
Dec 20254,7637,57256.664.41$303,290
Nov 20255,15844,55458.593.93$477,146
Oct 20255,25555,98559.383.30$497,063
Sep 20255,80856,70862.743.08$538,880
Aug 20255,10115,76463.933.01$373,632
Jul 20256,29132,71566.743.32$528,318
Jun 20256,33731,89266.483.13$521,065
May 20257,03563,53260.553.23$631,325
Apr 20259,5699,05162.363.54$628,792
Mar 20259,53612,40567.704.27$698,536
Feb 20256,76638,77670.884.34$647,894
Jan 20257,93535,61874.324.28$742,127
Dec 20249,16134,77368.993.12$740,557
Nov 20247,21739,70669.052.20$585,625
Oct 20248,33236,47971.372.28$677,878
Sep 20247,73544,48169.612.36$643,602
Aug 20248,52144,60875.632.06$736,498
Jul 20248,40043,32479.932.15$764,411
Jun 20247,94251,65778.082.63$756,175
May 20247,61543,91678.812.20$696,685
Apr 20249,36845,17684.451.66$866,084
Mar 20249,41943,74380.301.55$823,934
Feb 20249,72758,61976.091.78$844,683
Jan 20249,79746,57873.023.30$868,975
Dec 202310,42648,60971.262.61$869,861
Nov 202310,16044,15577.892.81$915,330
Oct 202313,27244,36785.443.09$1,270,933
Sep 202310,16644,30189.042.74$1,026,346
Aug 20239,52345,60880.522.67$888,697
Jul 202310,72148,80074.852.64$931,387
Jun 20239,93751,74168.962.26$802,112
May 20239,48053,91670.622.23$789,570
Apr 202311,47944,89878.122.24$997,210
Mar 20238,82763,79472.852.39$795,716
Feb 202310,04145,33475.112.47$865,959
Jan 202311,17645,60876.533.39$1,009,806
Dec 202211,07053,59476.415.73$1,152,903
Nov 202218,27457,54685.005.65$1,878,206
Oct 202215,42176,11087.185.86$1,790,694
Sep 202213,71655,53784.888.16$1,617,600
Aug 202215,14743,83794.529.13$1,831,802
Jul 202214,53252,079101.587.54$1,868,945
Jun 202215,68059,384115.097.98$2,278,329
May 202215,77948,059109.378.43$2,131,033
Apr 202215,53946,024104.226.84$1,934,168
Mar 202215,89838,999108.885.08$1,928,949
Feb 202213,06042,35791.054.86$1,394,919
Jan 202214,28051,81981.844.54$1,403,813
Dec 202116,40758,46371.323.90$1,398,101
Nov 202116,49458,21577.435.24$1,581,994
Oct 202116,55558,05379.795.71$1,652,631
Sep 202116,65154,58469.865.35$1,455,313
Aug 202117,16255,46866.024.22$1,367,143
Jul 202118,37472,16870.783.98$1,587,890
Jun 202119,28656,53269.493.38$1,531,297
May 202122,51682,55763.483.02$1,678,445
Apr 202121,18867,10060.362.76$1,463,998
Mar 202119,17961,69861.302.72$1,343,302
Feb 202114,42040,45457.805.55$1,057,913
Jan 202119,78881,45650.412.81$1,226,426
Dec 202019,20463,26644.642.68$1,026,532
Nov 202019,45665,15738.772.71$930,661
Oct 202022,87582,32236.972.48$1,049,718
Sep 202021,01471,99037.091.99$922,744
Aug 202023,62676,98339.982.39$1,128,180
Jul 202023,99463,40438.371.83$1,036,370
Jun 202015,89754,87834.901.69$647,566
May 202024,36679,68516.921.81$556,881
Apr 202025,35189,87914.751.80$536,103
Mar 202028,19692,42130.341.86$1,027,021
Feb 202020,67057,94749.881.98$1,145,793
Jan 202026,15662,64457.252.09$1,628,654
Dec 201929,31165,15859.012.30$1,879,790
Nov 201930,07244,08455.302.75$1,784,243
Oct 201935,50254,05153.472.42$2,029,016
Sep 201931,60866,18555.052.66$1,915,892
Aug 201930,26751,37153.112.30$1,725,858
Jul 201939,40660,57956.272.46$2,366,404
Jun 201937,46148,97052.782.49$2,099,186
May 201942,83641,53158.482.74$2,618,858
Apr 201949,09463,60262.632.75$3,249,707
Mar 201941,53649,90956.803.06$2,512,071
Feb 201948,64368,36750.852.79$2,664,392
Jan 201958,71266,42046.033.23$2,916,929
Dec 201876,47685,18846.594.19$3,919,566
Nov 2018103,249106,81652.934.24$5,917,575
Oct 201871,37768,89961.443.40$4,619,527
Sep 201820,42027,20659.543.11$1,300,363
Aug 201819691759.403.07$14,454
Jul 201820981965.142.93$16,015
Jun 201825484860.183.08$17,895
May 20182831,02765.382.90$21,482
Apr 20183261,10063.842.90$24,003
Mar 20183631,18661.222.79$25,528
Feb 20183371,06361.782.77$23,760
Jan 20182131,02362.874.01$17,493
Dec 201712832757.272.92$8,286
Nov 2017228055.423.12$1,469
Oct 20171147249.292.98$5,834
Sep 201745874447.523.09$24,061
Aug 20171,1061,23645.373.00$53,893
Jul 201791890943.873.09$43,079
Jun 20171,1831,23342.493.09$54,072
May 20171,6221,56845.373.26$78,707
Apr 20171,6091,44547.933.21$81,760
Mar 20171,6061,31846.772.98$79,045
Feb 20176531,23150.452.95$36,579
Jan 20176301,90649.413.42$37,645
Dec 20166101,64048.763.72$35,849
Nov 20165461,46742.492.64$27,079
Oct 20167311,40746.193.09$38,113
Sep 20161,33717741.553.10$56,101
Aug 20161,00598041.442.92$44,513
Jul 20161,30897441.622.92$57,287
Jun 20161,3381,18145.352.69$63,850
May 20161,50493542.521.99$65,812
Apr 20161,20969336.561.99$45,581
Mar 20161,4042,18233.011.79$50,261
Feb 20161,3391,04826.472.06$37,606
Jan 20161,9682327.352.36$53,879
Dec 20151,882132.362.00$60,904
Nov 2015634138.792.17$24,595
Oct 20152,013043.552.43$87,666
Sep 2015815042.992.76$35,037
Aug 20150040.162.87$0
Jul 201519048.152.95$915
Jun 2015231056.152.88$12,971
May 20151,08145855.212.96$61,036
Apr 20158431,47949.822.71$46,001
Mar 2015927042.892.93$39,759
Feb 2015614044.662.98$27,421
Jan 2015791043.433.10$34,353
Dec 20141,058054.693.59$57,862
Nov 20141,070170.464.25$75,396
Oct 20141,5914778.303.90$124,759
Sep 20142,041586.164.05$175,873
Aug 20141,6951,15689.394.04$156,181
Jul 20141,0951396.564.18$105,788
Jun 2014981098.164.74$96,295
May 20141,87593094.734.73$182,014
Apr 20141,9722,75895.944.81$202,457
Mar 20142,7993,73995.895.06$287,303
Feb 20143,4843,73597.406.19$362,469
Jan 20145,1251,02090.404.86$468,258
Dec 20134,9463,89191.824.35$471,085
Nov 20130088.853.74$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.

May 2026 — as filed, then multipliedworked
Oil                6,369 bbl  × $106.41 =   $677,725
Casinghead gas    20,541 Mcf  × $  3.05 =    $62,565

────────────────────────────────────────────────────
Month total                                 $740,290

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/44932 is the state's own key, not one this site invented.