REED

Operated by HOLCO OIL & GAS (P-5 391647) in the PANHANDLE HUTCHINSON COUNTY FLD. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1286District 10Field 68887001OilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 918 leases and 8,177 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

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
OilDisposition7,461 bbl$531,490
Casinghead gasProduction188,190 Mcf$641,154
Total$1,172,644

45,474 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 (4)

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 35.6495, -101.4682. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

35.64945, -101.46831 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
3,178 ft
4 wells filed one
Completion to plug
50.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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

Between 3,114 and 3,250 ft, median 3,178 ft, over the 4 wells that filed a depth.

Completions filed
Dec 1974
1 of 4 wells; 3 filed none
Plug dates filed
Dec 2024 – Jan 2025
4 of 4 wells

Last completion to plug: a median of 50.0 years across the 1 well that filed both dates, with the middle half between 50.0 years and 50.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-2330431013,200 ftJan 2025Yes
42-2331371323,114 ftDec 2024Yes
42-2338391333,155 ftDec 2024Yes
42-2338391443,250 ftDec 1974Dec 2024Yes

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 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 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
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 20200014.751.80$0
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 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
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 20180059.543.11$0
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 20170045.373.00$0
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 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150248.152.95$6
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014177054.693.59$9,680
Nov 2014018470.464.25$782
Oct 201418117978.303.90$14,871
Sep 2014025786.164.05$1,040
Aug 20140089.394.04$0
Jul 201405896.564.18$242
Jun 2014027098.164.74$1,279
May 2014015794.734.73$742
Apr 201419219295.944.81$19,344
Mar 201416326395.895.06$16,960
Feb 201419923897.406.19$20,856
Jan 201418026390.404.86$17,550
Dec 2013036291.824.35$1,576
Nov 2013048488.853.74$1,809
Oct 2013057797.423.78$2,181
Sep 2013182587104.113.72$21,130
Aug 20130291104.253.52$1,025
Jul 2013196508102.523.72$21,983
Jun 201319257694.403.93$20,390
May 201319048094.834.15$20,009
Apr 2013042093.964.28$1,799
Mar 2013042693.623.91$1,667
Feb 2013012191.233.42$414
Jan 20131962091.603.42$18,022
Dec 2012046686.773.42$1,594
Nov 201216549286.953.62$16,130
Oct 2012034489.383.40$1,169
Sep 201211416494.672.92$11,271
Aug 20120092.662.91$0
Jul 201218332785.133.02$16,567
Jun 201202979.822.52$73
May 2012174091.612.49$15,940
Apr 20123730101.652.00$37,915
Mar 2012077105.052.22$171
Feb 20120211101.102.57$542
Jan 201216724998.092.73$17,062
Dec 2011057996.873.24$1,876
Nov 2011051595.723.31$1,705
Oct 2011026484.983.65$963
Sep 201118356883.623.99$17,566
Aug 201117859083.404.15$17,293
Jul 2011028894.144.52$1,301
Jun 201118865592.904.64$20,504
May 2011049598.134.40$2,180
Apr 201118954105.964.33$20,260
Mar 2011016996.364.06$686
Feb 201103285.644.18$134
Jan 201118610686.504.59$16,575
Dec 201017845685.734.35$17,243
Nov 201019041280.843.80$16,923
Oct 2010047078.103.51$1,649
Sep 2010060472.633.98$2,404
Aug 2010019073.684.42$840
Jul 201018528872.554.74$14,786
Jun 2010050970.364.91$2,499
May 201005871.124.24$246
Apr 2010031581.694.12$1,299
Mar 201001378.394.39$57
Feb 20101831573.585.44$13,547
Jan 2010035174.365.96$2,093
Dec 200918433871.445.48$14,998
Nov 200918251374.593.75$15,500
Oct 200918650972.544.11$15,585
Sep 200918647565.543.06$13,646
Aug 2009052767.423.22$1,696
Jul 2009056161.133.46$1,944
Jun 2009059666.163.90$2,321
May 2009059354.743.93$2,328
Apr 2009054146.773.59$1,941
Mar 2009054342.144.06$2,204
Feb 2009038532.814.63$1,784
Jan 2009060835.865.37$3,266
Dec 2008041837.105.98$2,498
Nov 2008046455.496.86$3,183
Oct 2008052975.246.92$3,662
Sep 20080669101.767.88$5,270
Aug 20080565114.228.48$4,793
Jul 20080645131.0811.39$7,346
Jun 20080356131.3313.03$4,640
May 20080405123.1711.57$4,688
Apr 20080192110.3110.45$2,007
Mar 20080395101.909.66$3,817
Feb 2008039892.538.77$3,491
Jan 2008047690.388.21$3,906
Dec 2007051188.337.30$3,731
Nov 2007036291.677.29$2,640
Oct 2007067182.856.92$4,645
Sep 2007059775.846.24$3,728
Aug 2007069169.066.39$4,414
Jul 2007072770.906.39$4,644
Jun 2007067162.007.55$5,065
May 2007079458.747.85$6,230
Apr 2007029459.617.81$2,295
Mar 2007060356.927.30$4,403
Feb 2007022855.108.22$1,873
Jan 2007046350.306.73$3,115
Dec 2006060356.656.92$4,172
Nov 2006061054.207.62$4,647
Oct 2006074054.906.01$4,450
Sep 2006074960.085.04$3,773
Aug 2006043768.717.34$3,208
Jul 2006022369.376.34$1,414
Jun 2006062266.286.38$3,971
May 2006068966.016.42$4,427
Apr 2006058764.397.36$4,321
Mar 2006065556.707.08$4,639
Feb 2006051257.597.75$3,969
Jan 2006066860.598.93$5,967
Dec 2005067654.9413.42$9,069
Nov 2005066054.6910.59$6,988
Oct 2005067058.3413.80$9,243
Sep 2005030661.4512.08$3,696
Aug 2005073461.519.80$7,191
Jul 2005078955.697.84$6,189
Jun 2005059952.337.38$4,421
May 2005080745.226.65$5,367
Apr 2005069849.207.36$5,138
Mar 2005074550.377.15$5,330
Feb 2005070545.226.31$4,450
Jan 2005074743.166.32$4,723
Dec 2004059939.866.75$4,044
Nov 2004029545.286.33$1,867
Oct 2004099449.706.52$6,476
Sep 2004090243.245.28$4,766
Aug 2004046142.375.55$2,559
Jul 2004045438.286.08$2,762
Jun 200419468736.106.43$11,423
May 2004060337.486.49$3,916
Apr 2004080634.475.86$4,722
Mar 2004074934.365.53$4,142
Feb 200406332.455.51$347
Jan 20040032.036.30$0
Dec 2003075030.266.30$4,726
Nov 2003078328.804.60$3,598
Oct 2003080928.174.76$3,851
Sep 2003078326.314.75$3,719
Aug 2003092329.765.13$4,735
Jul 2003090029.415.17$4,654
Jun 2003068428.565.98$4,092
May 2003014326.595.97$854
Apr 2003068626.675.41$3,709
Mar 2003065931.146.10$4,017
Feb 2003077433.487.93$6,135
Jan 2003088630.315.58$4,946
Dec 2002088526.914.85$4,296
Nov 2002081724.664.14$3,380
Oct 2002094926.464.23$4,013
Sep 2002097027.443.64$3,526
Aug 2002097025.963.16$3,069
Jul 2002099524.583.06$3,046
Jun 200201,11923.733.34$3,735
May 200201,10724.663.58$3,967
Apr 200201,10723.653.51$3,888
Mar 200201,12922.003.10$3,503
Feb 200201,03618.222.38$2,461
Jan 2002097817.172.38$2,323
Dec 200101,16616.932.36$2,757
Nov 200101,22918.072.41$2,956
Oct 2001034119.782.53$862
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 2001056123.933.20$1,794
Jun 200101,09924.563.82$4,203
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 2001066924.545.38$3,597
Feb 200107627.755.77$438
Jan 2001059027.478.40$4,955
Dec 200001,84726.889.12$16,849
Nov 20001801,42632.215.66$13,866
Oct 200001,76831.235.15$9,097
Sep 200001,70231.875.19$8,827
Aug 200001,19829.644.54$5,440
Jul 200001,36328.534.09$5,574
Jun 200001,01129.304.40$4,446
May 200001,18927.263.68$4,375
Apr 200001,16424.513.12$3,627
Mar 200001,22828.422.86$3,512
Feb 200001,17727.622.73$3,209
Jan 20001901,07025.272.48$7,455
Dec 199901,02824.282.42$2,492
Nov 1999094823.192.43$2,307
Oct 1999091520.982.80$2,565
Sep 199901,15921.752.62$3,035
Aug 199901,21719.262.88$3,500
Jul 199901,21117.892.37$2,873
Jun 19991851,09815.942.36$5,542
May 1999067915.792.32$1,576
Apr 199901,15415.102.21$2,548
Mar 199901,12312.471.84$2,064
Feb 199901,1319.981.82$2,056
Jan 199901,12610.381.90$2,139
Dec 199801,0729.201.77$1,901
Nov 199801,07110.892.19$2,341
Oct 199801,26712.421.97$2,495
Sep 199801,54112.592.08$3,209
Aug 199801,60811.301.91$3,067
Jul 199801,52711.742.24$3,416
Jun 199801,41411.242.24$3,164
May 199801,50412.622.21$3,318
Apr 199801,84113.042.51$4,612
Mar 199801,13312.802.31$2,617
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 199705216.322.41$125
Nov 199701,77518.193.09$5,482
Oct 199702,59019.253.15$8,158
Sep 199702,11217.742.95$6,241
Aug 199702,00417.862.55$5,120
Jul 19971302,46717.582.25$7,829
Jun 199701,98617.242.26$4,483
May 199711,29518.972.31$3,008
Apr 1997018817.882.08$392
Mar 199708018.951.94$155
Feb 1997043020.492.21$949
Jan 1997082723.483.54$2,927
Dec 19961571,09223.32$3,661
Nov 1996094321.97$0
Oct 199601,00223.31$0
Sep 1996069222.22$0
Aug 1996069220.26$0
Jul 1996050619.55$0
Jun 1996094918.73$0
May 1996078119.43$0
Apr 199614591521.51$3,119
Mar 1996068419.38$0
Feb 1996077816.98$0
Jan 1996091517.07$0
Dec 1995080117.19$0
Nov 1995076416.00$0
Oct 1995088615.43$0
Sep 199514995616.18$2,411
Aug 1995088815.92$0
Jul 1995095815.24$0
Jun 1995083516.41$0
May 199518755617.56$3,284
Apr 1995081917.73$0
Mar 1995081116.44$0
Feb 1995073616.58$0
Jan 199501,12115.92$0
Dec 199401,18815.03$0
Nov 199401,12915.90$0
Oct 199401,23015.58$0
Sep 199401,13215.29$0
Aug 199401,56916.13$0
Jul 199401,12817.56$0
Jun 1994081617.09$0
May 1994054715.88$0
Apr 199401,06914.14$0
Mar 199415492912.46$1,919
Feb 19940012.50$0
Jan 1994070512.66$0
Dec 199301,11012.33$0
Nov 199301,01714.49$0
Oct 199301,17415.85$0
Sep 199301,13815.03$0
Aug 199301,18915.66$0
Jul 199301,03015.46$0
Jun 199301,12216.79$0
May 199316798217.68$2,953
Apr 199301,21518.05$0
Mar 199301,25918.14$0
Feb 199301,17717.90$0
Jan 199301,53916.93$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.

Jul 2015 — as filed, then multipliedworked
Oil                    0 bbl  × $ 48.15 =         $0
Casinghead gas         2 Mcf  × $  2.95 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/O/1286 is the state's own key, not one this site invented.