REEVES TXL FEE T7-50-9

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 45209District 08Field 98359800OilCasinghead gasSave
Value, all time
$167.1 M
Sep 2013 – May 2026
Value, last 12 filed months
$4.3 M
at the published price for each month
Months reported
153
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
OilDisposition2,361,232 bbl$139,772,663
Casinghead gasProduction8,128,473 Mcf$27,283,676
Total$167,056,339

Wells on this lease (9)

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 31.2740, -103.3296. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.27402, -103.33059 · 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
11.1%
1 of 9 wells
With a plug date
0.0%
0 of 9 wells
Median depth
10,719 ft
9 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
111.1%
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.
888.9%

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, 9 of 9 wells. Median 10,719 ft, with the middle half between 10,706 and 10,736 ft; the shallowest is 10,175 ft and the deepest 12,355 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

10s

Last completion by decade, 9 of 9 wells, Oct 2016 – Dec 2017. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 2016 – Dec 2017
9 of 9 wells

9 wells

42-38933557112,355 ftDec 2017Yes
42-389355915H10,175 ftNov 2017
42-3893562016H10,979 ftNov 2017
42-389356216H10,656 ftNov 2017
42-389356227H10,707 ftNov 2017
42-389349911H10,706 ftOct 2016
42-389349922H10,734 ftOct 2016
42-389349933H10,719 ftOct 2016
42-389349944H10,736 ftOct 2016

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 (153)

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

153 months

May 20262,54317,688106.413.05$324,475
Apr 20262,9936,60298.932.87$315,043
Mar 20263,47143,58789.753.15$448,797
Feb 20263,01344,87663.503.75$359,625
Jan 20262,77513,45059.138.00$271,658
Dec 20253,73912,64756.664.41$267,668
Nov 20253,79687,13958.593.93$564,554
Oct 20253,23750,99259.383.30$360,733
Sep 20253,10645,28862.743.08$334,218
Aug 20253,44715,98963.933.01$268,570
Jul 20253,39229,05966.743.32$322,718
Jun 20253,88369,63566.483.13$476,010
May 20254,39028,62360.553.23$358,333
Apr 202510,10855,66062.363.54$827,545
Mar 20253,40160,89267.704.27$490,154
Feb 2025842370.884.34$6,054
Jan 20256,67935,94874.324.28$650,193
Dec 20249,02250,18168.993.12$779,061
Nov 20248,46715,74869.052.20$619,267
Oct 20247,19625,65771.372.28$572,112
Sep 20246,70013,74469.612.36$498,883
Aug 20246,58159,00875.632.06$619,492
Jul 20247,23472,02279.932.15$732,815
Jun 20247,26861,59778.082.63$729,731
May 20248,23365,15778.812.20$792,086
Apr 20249,14065,33784.451.66$880,280
Mar 20248,51823,16580.301.55$719,788
Feb 202411,97675,16476.091.78$1,045,319
Jan 20244,89751,63373.023.30$527,847
Dec 20237,96756,37971.262.61$714,918
Nov 202310,12756,89877.892.81$948,537
Oct 202311,33648,96485.443.09$1,119,713
Sep 20237,26445,95489.042.74$772,473
Aug 20233,76437,05580.522.67$402,121
Jul 20235,51861,10974.852.64$574,460
Jun 20235,70062,48268.962.26$534,186
May 20238,38866,35470.622.23$740,157
Apr 20237,61559,11178.122.24$727,160
Mar 202313,93555,12072.852.39$1,147,076
Feb 202313,21055,65575.112.47$1,129,431
Jan 202313,53564,81676.533.39$1,255,412
Dec 202210,04767,25076.415.73$1,152,972
Nov 20228776,06685.005.65$436,879
Oct 20227,52732,79187.185.86$848,482
Sep 202211,30366,56884.888.16$1,502,838
Aug 202212,08768,98994.529.13$1,772,137
Jul 202210,47359,545101.587.54$1,512,940
Jun 202212,32466,472115.097.98$1,948,630
May 202213,09068,550109.378.43$2,009,738
Apr 202213,35579,690104.226.84$1,936,746
Mar 202215,37793,645108.885.08$2,149,627
Feb 202213,76671,75491.054.86$1,602,036
Jan 202214,78883,49081.844.54$1,589,101
Dec 202115,94977,96471.323.90$1,441,474
Nov 202115,35995,65777.435.24$1,690,189
Oct 202114,78791,80379.795.71$1,704,405
Sep 202115,113113,22269.865.35$1,661,636
Aug 202116,19499,40466.024.22$1,488,671
Jul 202115,76994,56570.783.98$1,492,695
Jun 202115,674104,36669.493.38$1,442,008
May 202117,06588,43863.483.02$1,350,163
Apr 202118,01776,50960.362.76$1,298,550
Mar 202120,39971,44361.302.72$1,444,565
Feb 202115,61847,79657.805.55$1,167,890
Jan 202120,40570,21950.412.81$1,225,950
Dec 202020,51974,65644.642.68$1,115,707
Nov 202018,97465,68938.772.71$913,414
Oct 202017,18380,31936.972.48$834,321
Sep 202019,71282,99637.091.99$896,366
Aug 202021,54295,96139.982.39$1,090,126
Jul 202022,39174,75338.371.83$995,576
Jun 202017,98865,67934.901.69$738,799
May 202022,36596,75016.921.81$553,993
Apr 202026,840106,76214.751.80$588,529
Mar 202025,677108,16330.341.86$979,816
Feb 202027,34197,54749.881.98$1,556,978
Jan 202030,92086,93357.252.09$1,952,272
Dec 201926,82188,48259.012.30$1,786,602
Nov 201926,32985,90455.302.75$1,692,290
Oct 201928,05899,34253.472.42$1,740,524
Sep 201925,46295,15455.052.66$1,654,534
Aug 201927,11999,22353.112.30$1,668,936
Jul 201925,868108,39056.272.46$1,722,238
Jun 201926,50279,48752.782.49$1,596,794
May 201929,261105,83458.482.74$2,001,202
Apr 201924,42793,38862.632.75$1,786,745
Mar 201933,496117,58056.803.06$2,262,615
Feb 201929,543107,60650.852.79$1,802,721
Jan 201934,452113,35446.033.23$1,951,753
Dec 201838,32898,96246.594.19$2,199,901
Nov 201835,11584,43052.934.24$2,216,387
Oct 201835,72780,41061.443.40$2,468,306
Sep 201838,363105,11959.543.11$2,610,843
Aug 201846,959157,98959.403.07$3,273,847
Jul 201849,942114,00765.142.93$3,587,477
Jun 201854,49196,86460.183.08$3,577,311
May 201864,205132,43765.382.90$4,581,896
Apr 201872,566151,57663.842.90$5,072,305
Mar 201894,661209,71061.222.79$6,379,575
Feb 201895,807155,40061.782.77$6,348,812
Jan 201883,929111,00562.874.01$5,721,671
Dec 201768,47497,82557.272.92$4,207,304
Nov 201717,37818,72255.423.12$1,021,471
Oct 201717,42910,25949.292.98$889,685
Sep 20179,85613,04447.523.09$508,628
Aug 201714,62020,72645.373.00$725,579
Jul 201710,61418,51343.873.09$522,791
Jun 201713,40921,83442.493.09$637,156
May 201718,09827,38445.373.26$910,471
Apr 201719,75331,50347.933.21$1,047,936
Mar 201725,08538,82846.772.98$1,289,076
Feb 201724,76031,62150.452.95$1,342,506
Jan 201738,95857,87749.413.42$2,122,785
Dec 201657,10579,32948.763.72$3,079,768
Nov 201677,477116,50742.492.64$3,600,083
Oct 201612,01718,29646.193.09$611,605
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20156048.152.95$289
Jun 20155551556.152.88$4,573
May 20152463,20255.212.96$23,045
Apr 20153192,02049.822.71$21,360
Mar 20154213,71942.892.93$28,971
Feb 20154422,67244.662.98$27,692
Jan 20156803,33943.433.10$39,885
Dec 20148143,48254.693.59$57,023
Nov 20146164,49870.464.25$62,528
Oct 20146945,71778.303.90$76,642
Sep 20148165,43986.164.05$92,310
Aug 20147543,81789.394.04$82,802
Jul 20149575,17496.564.18$114,033
Jun 20141,2023,98698.164.74$136,870
May 201411136694.734.73$12,245
Apr 20146461,55695.944.81$69,460
Mar 20149361,71295.895.06$98,410
Feb 20141732,58097.406.19$32,826
Jan 20141831,22990.404.86$22,517
Dec 20131,4045,97791.824.35$154,942
Nov 20131,1211,76888.853.74$106,210
Oct 20132,4992,97297.423.78$254,685
Sep 201300104.113.72$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                2,543 bbl  × $106.41 =   $270,601
Casinghead gas    17,688 Mcf  × $  3.05 =    $53,875

────────────────────────────────────────────────────
Month total                                 $324,475

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/45209 is the state's own key, not one this site invented.