REED SWD

Name: REED SWD lease production and value, Mar 2006 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by UNBRIDLED RESOURCES, LLC (P-5 875461) in the B & B (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 215829District 10Field 04660500CondensateGasSave Export

Value, all time

$7.3 M

Mar 2006 – Dec 2020

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

178

no gaps in the span

Streams

condensate, gas

The B & B (GRANITE WASH) 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 66 leases and 69 wells, and the rule below applies to all of them.

Discovered

1982-01-04

as the register files it

Field class

Oil and gas

the register's own label

Between wells

660 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2009-01-15.

The Commission's schedule remark for this field reads: “P-15'S AND PLATS ARE REQUIRED FOR HORIZONTAL WELLS.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	85,884 bbl	$6,772,488
Gas	Production	94,472 Mcf	$511,401
Total			$7,283,889

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 35.5402, -100.1483. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.54016, -100.14826 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

5,450 ft

1 wells filed one

Completion to plug

14.8 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 5,450 ft.

Completions filed

Feb 2006

1 of 1 wells

Plug dates filed

Dec 2020

1 of 1 wells

Last completion to plug: a median of 14.8 years across the 1 well that filed both dates, with the middle half between 14.8 years and 14.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-48331962	1	5,450 ft	Feb 2006	Dec 2020	Yes

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 (178)

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

178 months


Dec 2020	0	0	44.64	2.68	$0
Nov 2020	45	0	38.77	2.71	$1,745
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	178	78	45.35	2.69	$8,282
May 2016	0	145	42.52	1.99	$289
Apr 2016	176	177	36.56	1.99	$6,787
Mar 2016	175	128	33.01	1.79	$6,006
Feb 2016	345	351	26.47	2.06	$9,856
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	97	43.55	2.43	$235
Sep 2015	181	146	42.99	2.76	$8,184
Aug 2015	0	66	40.16	2.87	$190
Jul 2015	0	9	48.15	2.95	$27
Jun 2015	180	28	56.15	2.88	$10,188
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	133	286	42.89	2.93	$6,544
Feb 2015	363	234	44.66	2.98	$16,908
Jan 2015	361	403	43.43	3.10	$16,928
Dec 2014	356	422	54.69	3.59	$20,985
Nov 2014	342	254	70.46	4.25	$25,177
Oct 2014	427	567	78.30	3.90	$35,646
Sep 2014	177	292	86.16	4.05	$16,432
Aug 2014	0	66	89.39	4.04	$266
Jul 2014	355	145	96.56	4.18	$34,885
Jun 2014	0	197	98.16	4.74	$933
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	195	0	97.42	3.78	$18,997
Sep 2013	194	111	104.11	3.72	$20,610
Aug 2013	730	762	104.25	3.52	$78,787
Jul 2013	538	556	102.52	3.72	$57,223
Jun 2013	1,488	1,564	94.40	3.93	$146,619
May 2013	1,069	1,333	94.83	4.15	$106,904
Apr 2013	2,131	1,904	93.96	4.28	$208,383
Mar 2013	1,410	1,691	93.62	3.91	$138,621
Feb 2013	1,969	2,016	91.23	3.42	$186,526
Jan 2013	1,127	1,055	91.60	3.42	$106,841
Dec 2012	556	880	86.77	3.42	$51,254
Nov 2012	930	1,046	86.95	3.62	$84,655
Oct 2012	962	1,125	89.38	3.40	$89,808
Sep 2012	969	947	94.67	2.92	$94,499
Aug 2012	712	915	92.66	2.91	$68,635
Jul 2012	733	873	85.13	3.02	$65,037
Jun 2012	725	872	79.82	2.52	$60,066
May 2012	1,302	1,228	91.61	2.49	$122,332
Apr 2012	813	777	101.65	2.00	$84,193
Mar 2012	580	887	105.05	2.22	$62,900
Feb 2012	797	917	101.10	2.57	$82,934
Jan 2012	806	738	98.09	2.73	$81,078
Dec 2011	863	983	96.87	3.24	$86,783
Nov 2011	894	1,301	95.72	3.31	$89,882
Oct 2011	556	553	84.98	3.65	$49,267
Sep 2011	369	513	83.62	3.99	$32,901
Aug 2011	1,006	1,042	83.40	4.15	$88,224
Jul 2011	942	1,025	94.14	4.52	$93,310
Jun 2011	569	662	92.90	4.64	$55,932
May 2011	811	963	98.13	4.40	$83,825
Apr 2011	185	0	105.96	4.33	$19,603
Mar 2011	186	76	96.36	4.06	$18,231
Feb 2011	189	262	85.64	4.18	$17,281
Jan 2011	569	472	86.50	4.59	$51,384
Dec 2010	769	1,137	85.73	4.35	$70,870
Nov 2010	1,478	1,377	80.84	3.80	$124,708
Oct 2010	1,998	2,212	78.10	3.51	$163,805
Sep 2010	746	1,022	72.63	3.98	$58,249
Aug 2010	373	439	73.68	4.42	$29,423
Jul 2010	374	624	72.55	4.74	$30,089
Jun 2010	388	464	70.36	4.91	$29,578
May 2010	758	639	71.12	4.24	$56,615
Apr 2010	960	1,165	81.69	4.12	$83,225
Mar 2010	558	527	78.39	4.39	$46,054
Feb 2010	966	1,128	73.58	5.44	$77,217
Jan 2010	566	782	74.36	5.96	$46,752
Dec 2009	571	521	71.44	5.48	$43,649
Nov 2009	195	165	74.59	3.75	$15,164
Oct 2009	183	250	72.54	4.11	$14,302
Sep 2009	938	904	65.54	3.06	$64,247
Aug 2009	186	330	67.42	3.22	$13,602
Jul 2009	1,131	1,052	61.13	3.46	$72,783
Jun 2009	573	761	66.16	3.90	$40,874
May 2009	768	812	54.74	3.93	$45,228
Apr 2009	384	376	46.77	3.59	$19,309
Mar 2009	555	625	42.14	4.06	$25,925
Feb 2009	1,118	1,338	32.81	4.63	$42,881
Jan 2009	1,460	1,625	35.86	5.37	$61,083
Dec 2008	1,127	1,033	37.10	5.98	$47,986
Nov 2008	574	718	55.49	6.86	$36,777
Oct 2008	932	1,128	75.24	6.92	$77,932
Sep 2008	901	836	101.76	7.88	$98,271
Aug 2008	922	1,231	114.22	8.48	$115,753
Jul 2008	928	857	131.08	11.39	$131,403
Jun 2008	1,115	1,214	131.33	13.03	$162,255
May 2008	1,106	1,214	123.17	11.57	$150,277
Apr 2008	1,091	1,159	110.31	10.45	$132,465
Mar 2008	1,445	1,566	101.90	9.66	$162,379
Feb 2008	1,075	1,163	92.53	8.77	$109,670
Jan 2008	747	749	90.38	8.21	$73,660
Dec 2007	922	1,101	88.33	7.30	$89,480
Nov 2007	904	978	91.67	7.29	$90,001
Oct 2007	718	924	82.85	6.92	$65,882
Sep 2007	1,593	1,610	75.84	6.24	$130,866
Aug 2007	1,278	1,621	69.06	6.39	$98,614
Jul 2007	2,318	2,380	70.90	6.39	$179,550
Jun 2007	1,120	1,279	62.00	7.55	$79,094
May 2007	1,642	1,525	58.74	7.85	$108,417
Apr 2007	946	1,323	59.61	7.81	$66,717
Mar 2007	1,145	1,091	56.92	7.30	$73,140
Feb 2007	971	970	55.10	8.22	$61,472
Jan 2007	954	1,267	50.30	6.73	$56,509
Dec 2006	1,128	1,339	56.65	6.92	$73,165
Nov 2006	1,202	1,317	54.20	7.62	$75,181
Oct 2006	1,175	1,097	54.90	6.01	$71,105
Sep 2006	1,097	1,181	60.08	5.04	$71,857
Aug 2006	1,322	1,394	68.71	7.34	$101,066
Jul 2006	1,148	1,551	69.37	6.34	$89,474
Jun 2006	1,240	1,357	66.28	6.38	$90,850
May 2006	1,256	1,284	66.01	6.42	$91,158
Apr 2006	177	600	64.39	7.36	$15,813
Mar 2006	0	0	56.70	7.08	$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.

Nov 2020 — as filed, then multipliedworked

Condensate            45 bbl  × $ 38.77 =     $1,745
Gas                    0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                   $1,745

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. 10/G/215829 is the state's own key, not one this site invented.