REED 14

Operated by TREK RESOURCES, INC. (P-5 867578) in the GARDEN CITY, S. (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45108District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$9.0 M
Jan 2014 – May 2026
Value, last 12 filed months
$302 k
at the published price for each month
Months reported
149
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 512 leases and 922 wells, and the rule below applies to all of them.

Discovered
1964-03-12
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 80 acres. The field rule took effect on 2014-05-22.

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: COMMINGLING FEE. GRANTED PER DOCKET #08-0287087.

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
OilDisposition110,920 bbl$7,217,924
Casinghead gasProduction520,176 Mcf$1,793,441
Total$9,011,365

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 31.9134, -101.0478. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.91337, -101.04779 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,066 ft
1 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.
1100.0%

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 8,066 ft.

Completions filed
Jan 2014
1 of 1 wells

1 well

42-431333791001H8,066 ftJan 2014

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 (149)

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

149 months

May 20263692,648106.413.05$47,331
Apr 20263742,89898.932.87$45,316
Mar 20261911,47589.753.15$21,788
Feb 20263822,63463.503.75$34,135
Jan 20263852,32159.138.00$41,328
Dec 202501,49456.664.41$6,594
Nov 2025051058.593.93$2,002
Oct 20253481,65159.383.30$26,121
Sep 202518637962.743.08$12,836
Aug 202501,72463.933.01$5,197
Jul 20253663,51866.743.32$36,090
Jun 20251873,44366.483.13$23,204
May 20253683,36560.553.23$33,159
Apr 20253673,38462.363.54$34,876
Mar 20253733,71767.704.27$41,117
Feb 20251912,36770.884.34$23,813
Jan 20253722,17774.324.28$36,962
Dec 20243724,15568.993.12$38,634
Nov 202418981669.052.20$14,844
Oct 20241873,23571.372.28$20,727
Sep 20241851,93469.612.36$17,451
Aug 20241761,02075.632.06$15,416
Jul 202418861279.932.15$16,341
Jun 20241874,03578.082.63$25,229
May 20243785,80278.812.20$42,546
Apr 20241825,82584.451.66$25,035
Mar 20243596,32880.301.55$38,605
Feb 20243675,04676.091.78$36,925
Jan 20241825,77373.023.30$32,327
Dec 20233576,81271.262.61$43,224
Nov 20233655,92977.892.81$45,076
Oct 20231474,72385.443.09$27,141
Sep 20235275,31089.042.74$61,447
Aug 20235603,87080.522.67$55,435
Jul 20233573,10474.852.64$34,922
Jun 20231802,89768.962.26$18,956
May 20235473,01070.622.23$45,334
Apr 20233482,85478.122.24$33,572
Mar 20233462,56372.852.39$31,340
Feb 20235411,81775.112.47$45,115
Jan 20233532,12976.533.39$34,228
Dec 20223511,49876.415.73$35,402
Nov 20223512,23285.005.65$42,437
Oct 20223562,11887.185.86$43,456
Sep 20223471,94684.888.16$45,340
Aug 20223522,00094.529.13$51,525
Jul 20223411,915101.587.54$49,082
Jun 20223381,583115.097.98$51,528
May 20225292,229109.378.43$76,654
Apr 20223392,186104.226.84$50,278
Mar 20223391,907108.885.08$46,591
Feb 20223451,77591.054.86$40,037
Jan 20225061,97181.844.54$50,355
Dec 20213461,86071.323.90$31,929
Nov 20215091,77277.435.24$48,692
Oct 20213462,01779.795.71$39,132
Sep 20216711,03469.865.35$52,409
Aug 20211681,99066.024.22$19,490
Jul 20215111,97370.783.98$44,025
Jun 20215121,72369.493.38$41,404
May 20215201,35763.483.02$37,105
Apr 20213451,78460.362.76$25,745
Mar 20213511,67361.302.72$26,062
Feb 20215121,30457.805.55$36,828
Jan 20213381,63850.412.81$21,642
Dec 202050581244.642.68$24,716
Nov 20203351,77838.772.71$17,800
Oct 202051083136.972.48$20,914
Sep 202034778137.091.99$14,425
Aug 20205061,28339.982.39$23,290
Jul 20205032,36738.371.83$23,620
Jun 20206832,29234.901.69$27,711
May 20203332,58716.921.81$10,329
Apr 20205082,38614.751.80$11,798
Mar 20205062,88830.341.86$20,713
Feb 20205102,75149.881.98$30,888
Jan 20205112,96057.252.09$35,455
Dec 20195052,99459.012.30$36,699
Nov 20195033,59955.302.75$37,716
Oct 20193394,95353.472.42$30,105
Sep 20196685,82555.052.66$52,252
Aug 20195075,41153.112.30$39,396
Jul 20195126,04056.272.46$43,669
Jun 20196535,62152.782.49$48,468
May 20196415,78258.482.74$53,330
Apr 20193385,25162.632.75$35,613
Mar 20196645,27556.803.06$53,868
Feb 20195304,88950.852.79$40,602
Jan 20196845,25946.033.23$48,462
Dec 20187045,40346.594.19$55,413
Nov 20186815,18252.934.24$58,003
Oct 20187014,96261.443.40$59,931
Sep 20186704,66859.543.11$54,400
Aug 20185324,84359.403.07$46,452
Jul 20186726,25165.142.93$62,101
Jun 20186986,64960.183.08$62,464
May 20186696,10165.382.90$61,437
Apr 20187004,79263.842.90$58,589
Mar 20187162,47561.222.79$50,731
Feb 20185411,87561.782.77$38,609
Jan 20189093,13562.874.01$69,718
Dec 20177093,66057.272.92$51,297
Nov 20176973,72455.423.12$50,241
Oct 20178504,07049.292.98$54,040
Sep 20176623,57147.523.09$42,483
Aug 20178183,74445.373.00$48,361
Jul 20178193,03743.873.09$45,306
Jun 20178232,01042.493.09$41,175
May 20178452,89245.373.26$47,775
Apr 20178523,76947.933.21$52,941
Mar 20176822,65446.772.98$39,816
Feb 20178482,36750.452.95$49,770
Jan 201753494649.413.42$29,619
Dec 20161,0552,96148.763.72$62,465
Nov 20161,0043,62142.492.64$52,235
Oct 20161,1931,25146.193.09$58,971
Sep 20168271,71541.553.10$39,679
Aug 20161,5422,20741.442.92$70,355
Jul 20161,0071,27341.622.92$45,634
Jun 201633926945.352.69$16,096
May 20166791,20842.521.99$31,276
Apr 20161,02998736.561.99$39,585
Mar 20161,2191,64233.011.79$43,185
Feb 20166892,23826.472.06$22,856
Jan 20161,4132,43627.352.36$44,405
Dec 20151,0562,39832.362.00$38,972
Nov 20157041,58338.792.17$30,739
Oct 20158823,49943.552.43$46,902
Sep 20151,4134,55442.992.76$73,307
Aug 20151,4003,98640.162.87$67,674
Jul 20151,2364,97848.152.95$74,174
Jun 20151,5954,38456.152.88$102,198
May 20151,6183,57955.212.96$99,907
Apr 20151,3803,82049.822.71$79,091
Mar 20152,0855,02542.892.93$104,173
Feb 20151,7416,19944.662.98$96,202
Jan 20151,4133,34643.433.10$71,741
Dec 20141,1804,54954.693.59$80,871
Nov 20143,0029,54470.464.25$252,100
Oct 20141,2551,77178.303.90$105,175
Sep 20141,3825,21786.164.05$140,178
Aug 20141,8785,38689.394.04$189,608
Jul 20143,27210,32696.564.18$359,103
Jun 20142,2084,81098.164.74$239,522
May 20142,4069,11294.734.73$270,989
Apr 20143,22013,09695.944.81$371,907
Mar 20144,06818,75895.895.06$484,936
Feb 20146,72517,92797.406.19$766,019
Jan 201451033790.404.86$47,742

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                  369 bbl  × $106.41 =    $39,265
Casinghead gas     2,648 Mcf  × $  3.05 =     $8,065

────────────────────────────────────────────────────
Month total                                  $47,331

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/45108 is the state's own key, not one this site invented.