REED, E. G.

Operated by PEBA OIL & GAS, INC. (P-5 648640) in the BOWERS (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16130District 09Field 10870332OilCasinghead gasSaveExport
Value, all time
$2.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
401
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 27 leases and 70 wells, and the rule below applies to all of them.

Discovered
1939-07-16
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 1998-04-28.

The Commission's schedule remark for this field reads: DOC. 09-0218954 EFF. 4/28/98 CONSOLIDTED BOWERS (RICH SAND)

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
OilDisposition38,324 bbl$2,267,171
Casinghead gasProduction3,916 Mcf$2,101
Total$2,269,272

3,111 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

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 33.7677, -97.5426. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.76775, -97.54263 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
3,990 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.
2100.0%

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 3,990 ft.

Completions filed
Sep 2003
1 of 2 wells; 1 filed none

2 wells

42-337825672
42-3373355353,990 ftSep 2003

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202628089.753.15$2,513
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202544056.664.41$2,493
Nov 20250058.593.93$0
Oct 202543059.383.30$2,553
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202545066.743.32$3,003
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202536067.704.27$2,437
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 202445068.993.12$3,105
Nov 20240069.052.20$0
Oct 202443071.372.28$3,069
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 202441078.082.63$3,201
May 20240078.812.20$0
Apr 202444084.451.66$3,716
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202443073.023.30$3,140
Dec 20230071.262.61$0
Nov 202348077.892.81$3,739
Oct 20230085.443.09$0
Sep 202343089.042.74$3,829
Aug 20230080.522.67$0
Jul 202340074.852.64$2,994
Jun 20230068.962.26$0
May 202341070.622.23$2,895
Apr 202340078.122.24$3,125
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 202341076.533.39$3,138
Dec 20220076.415.73$0
Nov 202245085.005.65$3,825
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 202240094.529.13$3,781
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 2022410109.378.43$4,484
Apr 202200104.226.84$0
Mar 2022410108.885.08$4,464
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 202142077.435.24$3,252
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 202142070.783.98$2,973
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 202143060.362.76$2,595
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 202039037.091.99$1,447
Aug 20200039.982.39$0
Jul 202041038.371.83$1,573
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 202047049.881.98$2,344
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 201956055.302.75$3,097
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 2019102056.272.46$5,740
Jun 20190052.782.49$0
May 2019106058.482.74$6,199
Apr 20190062.632.75$0
Mar 2019105056.803.06$5,964
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018108052.934.24$5,716
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018110059.403.07$6,534
Jul 20180065.142.93$0
Jun 2018106060.183.08$6,379
May 20180065.382.90$0
Apr 2018107063.842.90$6,831
Mar 2018110061.222.79$6,734
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201799049.292.98$4,880
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017111042.493.09$4,716
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017104046.772.98$4,864
Feb 20170050.452.95$0
Jan 2017115049.413.42$5,682
Dec 20160048.763.72$0
Nov 2016109042.492.64$4,631
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016105041.442.92$4,351
Jul 20160041.622.92$0
Jun 2016107045.352.69$4,852
May 20160042.521.99$0
Apr 2016111036.561.99$4,058
Mar 20160033.011.79$0
Feb 2016124026.472.06$3,282
Jan 20160027.352.36$0
Dec 2015111032.362.00$3,592
Nov 2015109038.792.17$4,228
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015105040.162.87$4,217
Jul 20150048.152.95$0
Jun 2015106056.152.88$5,952
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015108042.892.93$4,632
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014107054.693.59$5,852
Nov 20140070.464.25$0
Oct 2014101078.303.90$7,908
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014109096.564.18$10,525
Jun 20140098.164.74$0
May 2014103094.734.73$9,757
Apr 2014105095.944.81$10,074
Mar 2014103095.895.06$9,877
Feb 20140097.406.19$0
Jan 2014147090.404.86$13,289
Dec 20130091.824.35$0
Nov 2013125088.853.74$11,106
Oct 2013108097.423.78$10,521
Sep 20131320104.113.72$13,743
Aug 20131350104.253.52$14,074
Jul 201300102.523.72$0
Jun 2013143094.403.93$13,499
May 2013148094.834.15$14,035
Apr 20130093.964.28$0
Mar 2013142093.623.91$13,294
Feb 2013149091.233.42$13,593
Jan 2013139091.603.42$12,732
Dec 2012109086.773.42$9,458
Nov 2012283086.953.62$24,607
Oct 20120089.383.40$0
Sep 2012141094.672.92$13,348
Aug 2012132092.662.91$12,231
Jul 2012129085.133.02$10,982
Jun 2012280079.822.52$22,350
May 20120091.612.49$0
Apr 20121420101.652.00$14,434
Mar 20121380105.052.22$14,497
Feb 20121310101.102.57$13,244
Jan 2012146098.092.73$14,321
Dec 2011278096.873.24$26,930
Nov 2011135095.723.31$12,922
Oct 2011271084.983.65$23,030
Sep 2011142083.623.99$11,874
Aug 2011281083.404.15$23,435
Jul 2011144094.144.52$13,556
Jun 2011283092.904.64$26,291
May 2011283098.134.40$27,771
Apr 20111430105.964.33$15,152
Mar 2011422096.364.06$40,664
Feb 2011433085.644.18$37,082
Jan 2011140086.504.59$12,110
Dec 2010251085.734.35$21,518
Nov 2010252080.843.80$20,372
Oct 2010222078.103.51$17,338
Sep 2010137072.633.98$9,950
Aug 2010428073.684.42$31,535
Jul 2010284072.554.74$20,604
Jun 2010142070.364.91$9,991
May 2010287071.124.24$20,411
Apr 2010289081.694.12$23,608
Mar 2010138078.394.39$10,818
Feb 2010282073.585.44$20,750
Jan 2010140074.365.96$10,410
Dec 2009135071.445.48$9,644
Nov 2009286074.593.75$21,333
Oct 2009281072.544.11$20,384
Sep 2009144065.543.06$9,438
Aug 2009276067.423.22$18,608
Jul 2009144061.133.46$8,803
Jun 2009136066.163.90$8,998
May 2009288054.743.93$15,765
Apr 2009137046.773.59$6,407
Mar 2009146042.144.06$6,152
Feb 2009322032.814.63$10,565
Jan 2009172035.865.37$6,168
Dec 2008162037.105.98$6,010
Nov 2008334055.496.86$18,534
Oct 2008333075.246.92$25,055
Sep 20081610101.767.88$16,383
Aug 20081660114.228.48$18,961
Jul 20083250131.0811.39$42,601
Jun 20081600131.3313.03$21,013
May 20081540123.1711.57$18,968
Apr 20082600110.3110.45$28,681
Mar 20082800101.909.66$28,532
Feb 2008138092.538.77$12,769
Jan 20080090.388.21$0
Dec 2007295088.337.30$26,057
Nov 2007274091.677.29$25,118
Oct 2007139082.856.92$11,516
Sep 2007218075.846.24$16,533
Aug 2007238069.066.39$16,436
Jul 2007273070.906.39$19,356
Jun 2007272062.007.55$16,864
May 2007243058.747.85$14,274
Apr 2007282059.617.81$16,810
Mar 2007270056.927.30$15,368
Feb 2007136055.108.22$7,494
Jan 2007275050.306.73$13,833
Dec 2006273056.656.92$15,465
Nov 2006408054.207.62$22,114
Oct 2006271054.906.01$14,878
Sep 2006275060.085.04$16,522
Aug 2006274068.717.34$18,827
Jul 2006138069.376.34$9,573
Jun 2006273066.286.38$18,094
May 2006382066.016.42$25,216
Apr 2006276064.397.36$17,772
Mar 2006143056.707.08$8,108
Feb 2006273057.597.75$15,722
Jan 2006271060.598.93$16,420
Dec 2005367054.9413.42$20,163
Nov 2005274054.6910.59$14,985
Oct 2005403058.3413.80$23,511
Sep 2005274061.4512.08$16,837
Aug 2005278061.519.80$17,100
Jul 2005274055.697.84$15,259
Jun 2005274052.337.38$14,338
May 2005278045.226.65$12,571
Apr 2005281049.207.36$13,825
Mar 2005277050.377.15$13,952
Feb 2005281045.226.31$12,707
Jan 2005280043.166.32$12,085
Dec 2004268139.866.75$10,689
Nov 2004278145.286.33$12,594
Oct 2004281149.706.52$13,972
Sep 2004271143.245.28$11,723
Aug 2004278142.375.55$11,784
Jul 2004403138.286.08$15,433
Jun 2004262136.106.43$9,465
May 2004270137.486.49$10,126
Apr 2004407134.475.86$14,035
Mar 2004133134.365.53$4,575
Feb 2004137132.455.51$4,451
Jan 2004277132.036.30$8,879
Dec 2003408130.266.30$12,352
Nov 2003266128.804.60$7,665
Oct 2003130128.174.76$3,667
Sep 2003270126.314.75$7,108
Aug 2003183129.765.13$5,451
Jul 2003207129.415.17$6,093
Jun 2003105128.565.98$3,005
May 20030126.595.97$6
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 200157024.873.05$1,418
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 200160025.524.31$1,531
Apr 200159024.685.34$1,456
Mar 200159024.545.38$1,448
Feb 20010027.755.77$0
Jan 200159027.478.40$1,621
Dec 2000107026.889.12$2,876
Nov 200059032.215.66$1,900
Oct 200060031.235.15$1,874
Sep 200057031.875.19$1,817
Aug 20000029.644.54$0
Jul 200056028.534.09$1,598
Jun 200057029.304.40$1,670
May 200055027.263.68$1,499
Apr 200055024.513.12$1,348
Mar 200056028.422.86$1,592
Feb 200057027.622.73$1,574
Jan 200062025.272.48$1,567
Dec 199957024.282.42$1,384
Nov 199956023.192.43$1,299
Oct 199959020.982.80$1,238
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 19994109.981.82$409
Jan 19990010.381.90$0
Dec 19982209.201.77$202
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 199856012.592.08$705
Aug 19980011.301.91$0
Jul 199856011.742.24$657
Jun 19980011.242.24$0
May 199859012.622.21$745
Apr 19980013.042.51$0
Mar 199856012.802.31$717
Feb 19980013.952.30$0
Jan 1998586014.702.15$982
Dec 1997416016.322.41$814
Nov 1997416018.193.09$931
Oct 19971026019.253.15$2,152
Sep 1997586017.742.95$1,206
Aug 1997566017.862.55$1,153
Jul 1997596017.582.25$1,172
Jun 1997536017.242.26$1,049
May 19971156118.972.31$2,322
Apr 19971186117.882.08$2,237
Mar 1997616018.951.94$1,272
Feb 1997606220.492.21$1,366
Jan 1997556123.483.54$1,507
Dec 1996586123.32$1,353
Nov 19961166221.97$2,549
Oct 199658023.31$1,352
Sep 1996586222.22$1,289
Aug 1996576020.26$1,155
Jul 1996576019.55$1,114
Jun 1996566318.73$1,049
May 1996536319.43$1,030
Apr 1996576321.51$1,226
Mar 199601019.38$0
Feb 199601016.98$0
Jan 1996546017.07$922
Dec 1995956217.19$1,633
Nov 1995916416.00$1,456
Oct 1995996315.43$1,528
Sep 1995556416.18$890
Aug 1995576415.92$907
Jul 1995286215.24$427
Jun 1995766816.41$1,247
May 1995836817.56$1,457
Apr 1995786817.73$1,383
Mar 1995586916.44$954
Feb 1995757016.58$1,244
Jan 1995576815.92$907
Dec 1994506715.03$752
Nov 1994666915.90$1,049
Oct 1994767015.58$1,184
Sep 1994717115.29$1,086
Aug 1994906816.13$1,452
Jul 19941097017.56$1,914
Jun 1994586817.09$991
May 19941107215.88$1,747
Apr 1994547314.14$764
Mar 19941126912.46$1,396
Feb 1994566812.50$700
Jan 1994577212.66$722
Dec 1993967412.33$1,184
Nov 1993947414.49$1,362
Oct 19931097615.85$1,728
Sep 1993587515.03$872
Aug 19931407615.66$2,192
Jul 1993567515.46$866
Jun 19931097816.79$1,830
May 1993577917.68$1,008
Apr 19931117818.05$2,004
Mar 19931657918.14$2,993
Feb 1993577317.90$1,020
Jan 19931327316.93$2,235

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                   28 bbl  × $ 89.75 =     $2,513
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $2,513

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. 09/O/16130 is the state's own key, not one this site invented.