REED, ROSS

Operated by ROSS, DWIGHT M. DRLG. CO., INC. (P-5 729415) in the BOWERS (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27725District 09Field 10870664OilCasinghead gasSaveExport
Value, all time
$621 k
Jan 1993 – May 2026
Value, last 12 filed months
$13 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 15 leases and 31 wells, and the rule below applies to all of them.

Discovered
1951-10-10
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.

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
OilDisposition15,602 bbl$620,632
Casinghead gasProduction40 Mcf$0
Total$620,632

40 Mcf of this lease's gas, across 40 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 (3)

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 33.7855, -97.5249. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.78574, -97.52506 · 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
33.3%
1 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
2,839 ft
3 wells filed one
Completion to plug
44.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
133.3%

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

Between 2,820 and 2,849 ft, median 2,839 ft, over the 3 wells that filed a depth.

Completions filed
Aug 1950 – Aug 1965
3 of 3 wells
Plug dates filed
Nov 1990 – Mar 2000
2 of 3 wells; 1 filed none

Last completion to plug: a median of 44.8 years across the 2 wells that filed both dates, with the middle half between 42.5 years and 47.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-3378152652,839 ftAug 1965
42-3370410742,849 ftNov 1950Mar 2000Yes
42-3378152532,820 ftAug 1950Nov 1990

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 202689098.932.87$8,805
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202569059.383.30$4,097
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 202581060.553.23$4,905
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
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 202071014.751.80$1,047
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019185053.472.42$9,892
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019186058.482.74$10,877
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018160059.543.11$9,526
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 2017171045.373.00$7,758
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
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 2016188026.472.06$4,976
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015188042.992.76$8,082
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015186049.822.71$9,267
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014187070.464.25$13,176
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 2014187098.164.74$18,356
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014186097.406.19$18,116
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 20131830104.253.52$19,078
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013180093.964.28$16,913
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013187091.603.42$17,129
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012179094.672.92$16,946
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012184079.822.52$14,687
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121880105.052.22$19,749
Feb 201200101.102.57$0
Jan 2012128098.092.73$12,556
Dec 2011130096.873.24$12,593
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011181083.404.15$15,095
Jul 20110094.144.52$0
Jun 2011187092.904.64$17,372
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 2011183096.364.06$17,634
Feb 2011185085.644.18$15,843
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010189078.394.39$14,816
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009186061.133.46$11,370
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20081880101.767.88$19,131
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008184090.388.21$16,630
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006186056.656.92$10,537
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006194066.286.38$12,858
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 2006190060.598.93$11,512
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005167061.519.80$10,272
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005188050.377.15$9,470
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 2004180043.245.28$7,783
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 2004189034.475.86$6,515
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003181028.804.60$5,213
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 2003168028.565.98$4,798
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 2003183033.487.93$6,127
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 2002174026.464.23$4,604
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 2002184023.733.34$4,366
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 2002122022.003.10$2,684
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001173016.932.36$2,929
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 2001129024.262.25$3,130
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001177024.563.82$4,347
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 199977019.262.88$1,483
Jul 19990017.892.37$0
Jun 1999186015.942.36$2,965
May 19990015.792.32$0
Apr 1999190015.102.21$2,869
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 199813309.201.77$1,224
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 1998176012.592.08$2,216
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 1997146019.253.15$2,811
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 1997139017.582.25$2,444
Jun 19970017.242.26$0
May 1997143018.972.31$2,713
Apr 19970017.882.08$0
Mar 1997115018.951.94$2,179
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 199679021.97$1,736
Oct 19960023.31$0
Sep 19960022.22$0
Aug 199678020.26$1,580
Jul 19960019.55$0
Jun 19960018.73$0
May 199681019.43$1,574
Apr 199678121.51$1,678
Mar 199678119.38$1,512
Feb 19960116.98$0
Jan 199680117.07$1,366
Dec 199580117.19$1,375
Nov 199582116.00$1,312
Oct 199579115.43$1,219
Sep 19950116.18$0
Aug 199578115.92$1,242
Jul 199580115.24$1,219
Jun 1995160116.41$2,626
May 19950117.56$0
Apr 1995156117.73$2,766
Mar 199581116.44$1,332
Feb 199582116.58$1,360
Jan 199583115.92$1,321
Dec 1994157115.03$2,360
Nov 19940115.90$0
Oct 1994159115.58$2,477
Sep 1994150115.29$2,294
Aug 1994155116.13$2,500
Jul 1994142117.56$2,494
Jun 1994144117.09$2,461
May 1994150115.88$2,382
Apr 1994293114.14$4,143
Mar 1994151112.46$1,881
Feb 1994152112.50$1,900
Jan 1994308112.66$3,899
Dec 1993306112.33$3,773
Nov 19930114.49$0
Oct 1993299115.85$4,739
Sep 1993133115.03$1,999
Aug 1993154115.66$2,412
Jul 1993170115.46$2,628
Jun 1993163116.79$2,737
May 1993328117.68$5,799
Apr 1993334118.05$6,029
Mar 1993338118.14$6,131
Feb 1993430117.90$7,697
Jan 1993485116.93$8,211

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.

Apr 2026 — as filed, then multipliedworked
Oil                   89 bbl  × $ 98.93 =     $8,805
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $8,805

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/27725 is the state's own key, not one this site invented.