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GBG REEDY 13/25 UNIT

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

Oil lease lease 54568District 08Field 69233125OilCasinghead gasSave
Value, all time
$725.2 M
Jan 2020 – May 2026
Value, last 12 filed months
$49.0 M
at the published price for each month
Months reported
77
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
OilDisposition7,203,720 bbl$624,802,271
Casinghead gasProduction25,877,393 Mcf$100,379,072
Total$725,181,343

Wells on this lease (17)

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 31.8978, -102.1298. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.89775, -102.12982 · 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 17 wells
With a plug date
0.0%
0 of 17 wells
Median depth
9,372 ft
17 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.
17100.0%

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, 17 of 17 wells. Median 9,372 ft, with the middle half between 9,085 and 9,642 ft; the shallowest is 9,036 ft and the deepest 9,753 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

20s

Last completion by decade, 17 of 17 wells, Nov 2021 – Jan 2022. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 2021 – Jan 2022
17 of 17 wells

17 wells

42-329437970195WA9,361 ftJan 2022——
42-329437960194LS9,050 ftJan 2022——
42-329437950193WB9,656 ftJan 2022——
42-329437940192WA9,372 ftJan 2022——
42-329437930191LS9,063 ftJan 2022——
42-329437980181WB9,753 ftJan 2022——
42-329438030182LS9,085 ftJan 2022——
42-329438090184WB9,642 ftJan 2022——
42-329438040183WA9,338 ftJan 2022——
42-329438020213WB9,632 ftNov 2021——
42-329437990211LS9,112 ftNov 2021——
42-329438000212WA9,413 ftNov 2021——
42-329438010214LS9,036 ftNov 2021——
42-329438050201WB9,661 ftNov 2021——
42-329438060202LS9,070 ftNov 2021——
42-329438070203WA9,379 ftNov 2021——
42-329438080204WB9,646 ftNov 2021——

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 (77)

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

77 months

May 202638,112334,344106.413.05$5,073,856
Apr 202630,167302,47298.932.87$3,852,431
Mar 202635,317312,29189.753.15$4,153,243
Feb 202631,616318,56163.503.75$3,202,322
Jan 202637,310338,50259.138.00$4,913,452
Dec 202540,160352,66656.664.41$3,831,908
Nov 202529,992349,33258.593.93$3,128,862
Oct 202536,042395,99059.383.30$3,448,858
Sep 202538,058397,69562.743.08$3,611,435
Aug 202544,329446,58463.933.01$4,180,297
Jul 202544,715456,58166.743.32$4,497,936
Jun 202554,384478,16966.483.13$5,111,505
May 202562,215477,60760.553.23$5,310,897
Apr 202535,467418,57862.363.54$3,694,794
Mar 202552,602463,48567.704.27$5,539,458
Feb 202551,835410,86670.884.34$5,457,568
Jan 202556,024463,37474.324.28$6,146,333
Dec 202450,299458,42268.993.12$4,901,033
Nov 202452,851483,27069.052.20$4,711,802
Oct 202461,074482,83471.372.28$5,460,389
Sep 202467,611472,06169.612.36$5,822,524
Aug 202470,088519,94075.632.06$6,373,719
Jul 202480,671507,83779.932.15$7,538,151
Jun 202470,979475,16578.082.63$6,793,615
May 202477,610534,84878.812.20$7,292,275
Apr 202468,032525,46784.451.66$6,617,157
Mar 202470,061570,91580.301.55$6,508,036
Feb 202470,620518,42576.091.78$6,298,159
Jan 202487,234600,60473.023.30$8,350,414
Dec 2023102,476611,76571.262.61$8,899,587
Nov 202398,174596,49177.892.81$9,321,457
Oct 2023107,482627,69385.443.09$11,121,126
Sep 2023103,734554,71189.042.74$10,753,632
Aug 2023114,081569,92080.522.67$10,709,130
Jul 2023117,284604,93974.852.64$10,376,835
Jun 2023119,422532,06868.962.26$9,437,006
May 2023121,993411,62470.622.23$9,531,997
Apr 2023110,149353,72578.122.24$9,396,392
Mar 2023132,036393,91472.852.39$10,561,522
Feb 2023141,108507,74875.112.47$11,850,566
Jan 2023153,850509,02776.533.39$13,498,581
Dec 2022184,839582,34076.415.73$17,459,820
Nov 2022204,547541,36485.005.65$20,443,144
Oct 2022242,145625,64187.185.86$24,778,810
Sep 2022267,294562,96284.888.16$27,283,756
Aug 2022311,068560,87794.529.13$34,521,361
Jul 2022351,092576,390101.587.54$40,011,105
Jun 2022348,541486,166115.097.98$43,991,827
May 2022404,525531,271109.378.43$48,723,129
Apr 2022432,548508,988104.226.84$48,560,409
Mar 2022437,870762,295108.885.08$51,545,000
Feb 2022293,882330,97091.054.86$28,366,086
Jan 2022435,679266,41981.844.54$36,864,894
Dec 2021220,228275,94271.323.90$16,782,592
Nov 2021102,198125,25877.435.24$8,569,149
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$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               38,112 bbl  × $106.41 = $4,055,498
Casinghead gas   334,344 Mcf  × $  3.05 = $1,018,358

────────────────────────────────────────────────────
Month total                               $5,073,856

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/54568 is the state's own key, not one this site invented.