REEVES STATE T7-50-30

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 49178District 08Field 98359800OilCasinghead gasSave
Value, all time
$270.6 M
Apr 2017 – May 2026
Value, last 12 filed months
$12.9 M
at the published price for each month
Months reported
110
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
OilDisposition4,211,354 bbl$254,732,786
Casinghead gasProduction4,879,324 Mcf$15,897,169
Total$270,629,955

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 31.2159, -103.3661. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.21637, -103.36407 · 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 9 wells
With a plug date
0.0%
0 of 9 wells
Median depth
10,360 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
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.
9100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 9 of 9 wells. Median 10,360 ft, with the middle half between 10,336 and 10,478 ft; the shallowest is 9,910 ft and the deepest 10,686 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
20s

Last completion by decade, 9 of 9 wells, Sep 2017 – Aug 2023. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 2017 – Aug 2023
9 of 9 wells

9 wells

42-389401781012SB9,910 ftAug 2023
42-389401771011SB10,160 ftAug 2023
42-3893537811H10,686 ftDec 2022
42-389356234H10,617 ftJul 2018
42-389356245H10,445 ftJul 2018
42-389356296H10,478 ftJul 2018
42-389353771H10,336 ftSep 2017
42-389353792H10,360 ftSep 2017
42-389353803H10,338 ftSep 2017

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 (110)

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

110 months

May 202613,283112,616106.413.05$1,756,454
Apr 202613,25867398.932.87$1,313,545
Mar 202614,9832,40989.753.15$1,352,311
Feb 20268,51543663.503.75$542,338
Jan 20269,390112,10859.138.00$1,451,862
Dec 202511,474146,79056.664.41$1,297,954
Nov 202511,9932,02758.593.93$710,629
Oct 202512,7051,79059.383.30$760,339
Sep 202512,2692,17362.743.08$776,443
Aug 202510,138140,34663.933.01$1,071,232
Jul 202511,76093,31766.743.32$1,094,227
Jun 202512,1211,94666.483.13$811,893
May 202512,3102,24160.553.23$752,614
Apr 202513,91090,68862.363.54$1,188,746
Mar 202521,04327,34167.704.27$1,541,311
Feb 202518,100070.884.34$1,282,928
Jan 202523,34436,51474.324.28$1,891,158
Dec 202419,37936,47468.993.12$1,450,806
Nov 202415,41288,27469.052.20$1,258,264
Oct 202420,97834,71971.372.28$1,576,408
Sep 202420,91344,07969.612.36$1,559,973
Aug 202424,86546,60375.632.06$1,976,711
Jul 202429,20242,59979.932.15$2,425,558
Jun 202428,90214,05378.082.63$2,293,683
May 202429,82518,43078.812.20$2,391,026
Apr 202422,77710,67184.451.66$1,941,223
Mar 202422,82750,28980.301.55$1,910,711
Feb 202422,76022,74376.091.78$1,772,374
Jan 202422,75017,32673.023.30$1,718,340
Dec 202326,18812,10771.262.61$1,897,765
Nov 202324,46521,11077.892.81$1,964,846
Oct 202313,12210,98585.443.09$1,155,057
Sep 202311,6453,16489.042.74$1,045,524
Aug 202312,17311,68180.522.67$1,011,392
Jul 202314,2793,06574.852.64$1,076,880
Jun 202316,4491,54468.962.26$1,137,810
May 202318,5928,55570.622.23$1,332,022
Apr 202314,7334,94278.122.24$1,162,001
Mar 202316,6787,18872.852.39$1,232,194
Feb 202318,19510,35775.112.47$1,392,164
Jan 202318,65821,06776.533.39$1,499,266
Dec 202220,1809,72876.415.73$1,597,686
Nov 202231,95433,68285.005.65$2,906,265
Oct 202218,65312,18187.185.86$1,697,595
Sep 202220,37022,04884.888.16$1,908,998
Aug 202223,47622,99894.529.13$2,428,858
Jul 202219,61811,284101.587.54$2,077,901
Jun 202219,03017,497115.097.98$2,329,740
May 202221,11322,426109.378.43$2,498,248
Apr 202222,74221,017104.226.84$2,513,877
Mar 202223,05023,082108.885.08$2,626,857
Feb 202222,35317,04191.054.86$2,118,040
Jan 202225,746081.844.54$2,107,053
Dec 202127,8494,49771.323.90$2,003,725
Nov 202126,997077.435.24$2,090,378
Oct 202127,2899,60779.795.71$2,232,282
Sep 202127,086069.865.35$1,892,228
Aug 202128,84718,20666.024.22$1,981,319
Jul 202132,4754,78970.783.98$2,317,651
Jun 202132,2961,79269.493.38$2,250,307
May 202135,31513,21063.483.02$2,281,660
Apr 202130,3198,76460.362.76$1,854,230
Mar 202132,68914,13461.302.72$2,042,237
Feb 202126,92548,49157.805.55$1,825,291
Jan 202139,15720,95350.412.81$2,032,788
Dec 202037,91835,12444.642.68$1,786,632
Nov 202037,26833,65138.772.71$1,535,959
Oct 202036,94931,72436.972.48$1,444,630
Sep 202037,34533,15637.091.99$1,451,141
Aug 202039,21619,83939.982.39$1,615,174
Jul 202039,944101,77138.371.83$1,718,396
Jun 202025,96224,89734.901.69$948,157
May 202046,30632,67116.921.81$842,787
Apr 202049,67735,87614.751.80$797,470
Mar 202055,05836,85730.341.86$1,738,875
Feb 202044,75236,73549.881.98$2,304,990
Jan 202052,80992,29657.252.09$3,216,651
Dec 201956,02531,23059.012.30$3,378,000
Nov 201957,05180,99055.302.75$3,377,699
Oct 201981,47683,26653.472.42$4,557,904
Sep 201966,59952,95155.052.66$3,806,981
Aug 201952,34953,75653.112.30$2,904,129
Jul 201977,08673,18756.272.46$4,517,674
Jun 201969,77369,04152.782.49$3,854,614
May 201970,37676,70958.482.74$4,325,796
Apr 201969,61866,74562.632.75$4,543,771
Mar 201973,05056,84856.803.06$4,323,314
Feb 201986,67073,67650.852.79$4,612,889
Jan 2019110,998122,68246.033.23$5,505,278
Dec 2018109,572121,01346.594.19$5,611,452
Nov 2018115,227119,30252.934.24$6,604,476
Oct 2018106,749122,20861.443.40$6,973,931
Sep 2018131,613106,11159.543.11$8,166,031
Aug 2018150,97590,05659.403.07$9,244,077
Jul 2018113,411117,69765.142.93$7,732,666
Jun 201857,03182,73460.183.08$3,686,691
May 201846,25277,36765.382.90$3,248,382
Apr 201850,42490,55663.842.90$3,481,753
Mar 201888,224146,42161.222.79$5,809,125
Feb 201886,383136,58661.782.77$5,714,555
Jan 201867,465116,32262.874.01$4,707,897
Dec 2017108,213182,17357.272.92$6,729,581
Nov 2017142,360194,70955.423.12$8,496,764
Oct 2017107,929139,20349.292.98$5,735,158
Sep 20173,3598,32147.523.09$185,309
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$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               13,283 bbl  × $106.41 = $1,413,444
Casinghead gas   112,616 Mcf  × $  3.05 =   $343,010

────────────────────────────────────────────────────
Month total                               $1,756,454

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/49178 is the state's own key, not one this site invented.