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REAGAN 6-51-8

Operated by NOBLE ENERGY INC (P-5 611665) in the HOEFS T-K (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45977District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$14.6 M
Dec 2014 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
138
no gaps in the span
Streams
2
oil, casinghead gas

The HOEFS T-K (WOLFCAMP) field

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 612 leases and 960 wells, and the rule below applies to all of them.

Discovered
1988-02-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2019-12-17.

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: “COMPLETION DATE DUE TO RECLASS USING HEPTANES PLUS ANNALYSIS.”

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
OilDisposition259,120 bbl$13,538,218
Casinghead gasProduction343,272 Mcf$1,061,189
Total$14,599,407

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 31.1824, -103.4614. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.18236, -103.46136 · 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
10,872 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 10,872 ft.

Completions filed
Dec 2022
1 of 1 wells

1 well

42-389343121H10,872 ftDec 2022——

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 (138)

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

138 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202601489.753.15$44
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202502658.593.93$102
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250863.933.01$24
Jul 202505166.743.32$169
Jun 2025236866.483.13$1,742
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20258067.704.27$542
Feb 2025012670.884.34$547
Jan 202507074.324.28$300
Dec 202409268.993.12$287
Nov 20240069.052.20$0
Oct 202462822671.372.28$45,336
Sep 2024037269.612.36$880
Aug 20249551,17375.632.06$74,647
Jul 202437572279.932.15$31,524
Jun 202479292878.082.63$64,284
May 20246801,05978.812.20$55,919
Apr 202480382084.451.66$69,174
Mar 20247741,16780.301.55$63,955
Feb 20248911,02776.091.78$69,628
Jan 20241,0891,37873.023.30$84,063
Dec 202356978471.262.61$42,594
Nov 20230077.892.81$0
Oct 2023237085.443.09$20,249
Sep 20231,2241,72089.042.74$113,689
Aug 202345168880.522.67$38,153
Jul 20231,3541,98874.852.64$106,599
Jun 20231,4312,03568.962.26$103,278
May 202382480170.622.23$59,975
Apr 20238361,59978.122.24$68,887
Mar 20231,3622,04472.852.39$104,113
Feb 20231,7582,09375.112.47$137,204
Jan 20231,3611,50976.533.39$109,269
Dec 2022553476.415.73$3,441
Nov 20220085.005.65$0
Oct 20221,2771,52087.185.86$120,242
Sep 20221,8062,27884.888.16$171,890
Aug 20221,7792,33294.529.13$189,436
Jul 20221,2802,052101.587.54$145,499
Jun 20221,7162,742115.097.98$219,368
May 20221,8802,704109.378.43$228,419
Apr 20222,8493,442104.226.84$320,458
Mar 20223,2723,263108.885.08$372,820
Feb 20221,2341,37491.054.86$119,032
Jan 20220081.844.54$0
Dec 2021124771.323.90$1,034
Nov 202107977.435.24$414
Oct 202107079.795.71$400
Sep 202102269.865.35$118
Aug 20210066.024.22$0
Jul 202101970.783.98$76
Jun 20210069.493.38$0
May 202101863.483.02$54
Apr 202101860.362.76$50
Mar 20210061.302.72$0
Feb 2021037657.805.55$2,086
Jan 202129070150.412.81$16,589
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20202815336.972.48$10,520
Sep 2020014737.091.99$293
Aug 20200039.982.39$0
Jul 20200938.371.83$16
Jun 202001434.901.69$24
May 20200016.921.81$0
Apr 20201,7542,23814.751.80$29,910
Mar 20202,3772,38130.341.86$76,538
Feb 20206121,05449.881.98$32,614
Jan 20202718057.252.09$15,682
Dec 20191,6223,09159.012.30$102,837
Nov 20191,6843,00955.302.75$101,402
Oct 20191,7562,47553.472.42$99,879
Sep 20191,4112,00455.052.66$83,001
Aug 20191,3902,31053.112.30$79,146
Jul 20191,7002,75356.272.46$102,432
Jun 20191,5662,68452.782.49$89,340
May 20191,9961,16258.482.74$119,910
Apr 20192,6333,31862.632.75$174,032
Mar 20195481,27256.803.06$35,021
Feb 20191,5572,24250.852.79$85,434
Jan 20191,3721,98946.033.23$69,574
Dec 20182,3703,00446.594.19$122,991
Nov 20182,3882,63052.934.24$137,541
Oct 20188111,48161.443.40$54,860
Sep 20181,3441,34959.543.11$84,214
Aug 20180659.403.07$18
Jul 20181,43728965.142.93$94,453
Jun 20188661,25260.183.08$55,968
May 20181,0091,24465.382.90$69,577
Apr 20182,5153,28863.842.90$170,095
Mar 20181,8854,13461.222.79$126,921
Feb 20182,6312,15161.782.77$168,493
Jan 20181,8671,98162.874.01$125,321
Dec 20172,8654,75757.272.92$177,976
Nov 20172,0922,63455.423.12$124,152
Oct 20172,3082,38749.292.98$120,883
Sep 20171,7032,03947.523.09$87,222
Aug 20172,7752,79445.373.00$134,296
Jul 20171,8541,95743.873.09$87,377
Jun 20172,2071,32142.493.09$97,854
May 20172,6696,00245.373.26$140,679
Apr 20172,4196,01647.933.21$135,264
Mar 20172,9825,66646.772.98$156,374
Feb 20171,7453,60350.452.95$98,673
Jan 20172,6763,34349.413.42$143,650
Dec 20162,7584,13948.763.72$149,889
Nov 20162,9384,60942.492.64$137,023
Oct 20163,4038,01446.193.09$181,950
Sep 20163,2115,45741.553.10$150,337
Aug 20163,5755,51941.442.92$164,287
Jul 20163,5015,76441.622.92$162,568
Jun 20163,2005,04345.352.69$158,665
May 20164,0856,20442.521.99$186,047
Apr 20164,2466,57936.561.99$168,333
Mar 20163,6855,71433.011.79$131,893
Feb 20164,5794,93926.472.06$131,398
Jan 20164,8945,94127.352.36$147,898
Dec 20154,3145,28532.362.00$150,178
Nov 20154,9386,12338.792.17$204,816
Oct 20155,3046,92943.552.43$247,803
Sep 20155,5527,00142.992.76$257,992
Aug 20156,7186,70740.162.87$289,061
Jul 20157,3007,67148.152.95$374,087
Jun 20157,2489,67956.152.88$434,878
May 20158,30210,82555.212.96$490,346
Apr 20159,51112,00749.822.71$506,336
Mar 20159,75011,55242.892.93$452,079
Feb 201511,61213,15844.662.98$557,753
Jan 201517,63320,49043.433.10$829,333
Dec 20149,1019,93154.693.59$533,399

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.

Mar 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 89.75 =         $0
Casinghead gas        14 Mcf  × $  3.15 =        $44

────────────────────────────────────────────────────
Month total                                      $44

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/45977 is the state's own key, not one this site invented.