REEVES, B. M.

Operated by HUNTINGTON ENERGY, L.L.C. (P-5 419291) in the PANHANDLE, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 26686District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$71 k
Jan 1993 – May 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
233
no gaps in the span
Streams
1
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 2,114 leases and 2,114 wells, and the rule below applies to all of them.

Discovered
1935-12-10
as the register files it
Field class
Gas
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 160 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: 67% ACRES X SIWP + (PLUS) 33% DELIVERABILITY

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
GasProduction38,661 Mcf$70,527
Total$70,527

18,109 Mcf of this lease's gas, across 46 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 (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 35.3222, -100.7695. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.32216, -100.76950 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
2,505 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
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 2,505 ft.

Plug dates filed
May 2012
1 of 1 wells

1 well

42-1790109212,505 ftMay 2012Yes

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 (233)

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

233 months

May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005861.519.80$78
Jul 2005055.697.84$0
Jun 20052152.337.38$155
May 20053045.226.65$200
Apr 20052749.207.36$199
Mar 2005450.377.15$29
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 20047449.706.52$482
Sep 20046243.245.28$328
Aug 200413942.375.55$772
Jul 200413438.286.08$815
Jun 200414436.106.43$926
May 20049037.486.49$585
Apr 2004134.475.86$6
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 20041932.036.30$120
Dec 200317230.266.30$1,084
Nov 200323328.804.60$1,071
Oct 200322228.174.76$1,057
Sep 200321526.314.75$1,021
Aug 200322329.765.13$1,144
Jul 200322129.415.17$1,143
Jun 200319928.565.98$1,191
May 200323226.595.97$1,386
Apr 20031026.675.41$54
Mar 20037131.146.10$433
Feb 200310833.487.93$856
Jan 200317230.315.58$960
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 20025027.443.64$182
Aug 200229525.963.16$933
Jul 200227724.583.06$848
Jun 200223623.733.34$788
May 200226524.663.58$950
Apr 200224823.653.51$871
Mar 200222622.003.10$701
Feb 20025118.222.38$121
Jan 2002017.172.38$0
Dec 200110016.932.36$236
Nov 200126618.072.41$640
Oct 200119219.782.53$486
Sep 200117624.262.25$396
Aug 200126124.873.05$797
Jul 200125923.933.20$828
Jun 200123824.563.82$910
May 200125525.524.31$1,098
Apr 200125124.685.34$1,339
Mar 200126524.545.38$1,425
Feb 200123627.755.77$1,361
Jan 200127627.478.40$2,318
Dec 200027926.889.12$2,545
Nov 200022332.215.66$1,262
Oct 200023131.235.15$1,189
Sep 200023131.875.19$1,198
Aug 200024329.644.54$1,103
Jul 200025028.534.09$1,022
Jun 200023629.304.40$1,038
May 200025127.263.68$924
Apr 200019624.513.12$611
Mar 200021428.422.86$612
Feb 200025127.622.73$684
Jan 200016625.272.48$412
Dec 199925824.282.42$625
Nov 199923823.192.43$579
Oct 199929620.982.80$830
Sep 199927721.752.62$725
Aug 199927219.262.88$782
Jul 199924417.892.37$579
Jun 199926615.942.36$628
May 199927715.792.32$643
Apr 199927415.102.21$605
Mar 199930112.471.84$553
Feb 19992649.981.82$480
Jan 199930010.381.90$570
Dec 19983089.201.77$546
Nov 199830110.892.19$658
Oct 199833012.421.97$650
Sep 199831912.592.08$664
Aug 199835911.301.91$685
Jul 19981511.742.24$34
Jun 199831411.242.24$703
May 199833412.622.21$737
Apr 199834813.042.51$872
Mar 199838212.802.31$882
Feb 199833313.952.30$766
Jan 199838514.702.15$830
Dec 199737116.322.41$895
Nov 199736618.193.09$1,130
Oct 199740019.253.15$1,260
Sep 199738317.742.95$1,132
Aug 199718317.862.55$468
Jul 199715917.582.25$357
Jun 199730217.242.26$682
May 199731318.972.31$723
Apr 199735417.882.08$737
Mar 199734518.951.94$669
Feb 199724820.492.21$547
Jan 199710823.483.54$382
Dec 199639423.32$0
Nov 199641121.97$0
Oct 19968523.31$0
Sep 199615722.22$0
Aug 19969120.26$0
Jul 199637519.55$0
Jun 199612018.73$0
May 199634219.43$0
Apr 199637621.51$0
Mar 199638319.38$0
Feb 199638116.98$0
Jan 199628617.07$0
Dec 1995017.19$0
Nov 1995016.00$0
Oct 199515315.43$0
Sep 199537716.18$0
Aug 199539115.92$0
Jul 199540715.24$0
Jun 199538216.41$0
May 199537617.56$0
Apr 199541017.73$0
Mar 199543916.44$0
Feb 199547716.58$0
Jan 199545815.92$0
Dec 199445715.03$0
Nov 199442315.90$0
Oct 199443215.58$0
Sep 199434915.29$0
Aug 199449816.13$0
Jul 199443817.56$0
Jun 199441817.09$0
May 199443015.88$0
Apr 199444014.14$0
Mar 199444812.46$0
Feb 199442512.50$0
Jan 199449212.66$0
Dec 199343812.33$0
Nov 199344214.49$0
Oct 199331315.85$0
Sep 199344615.03$0
Aug 199340115.66$0
Jul 199347315.46$0
Jun 199348416.79$0
May 199347517.68$0
Apr 199348418.05$0
Mar 199358018.14$0
Feb 199352217.90$0
Jan 199353016.93$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.

Aug 2005 — as filed, then multipliedworked
Gas                    8 Mcf  × $  9.80 =        $78

────────────────────────────────────────────────────
Month total                                      $78

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/26686 is the state's own key, not one this site invented.