REID, V. E., MRS.

Operated by LINDER, JOHN OPERATING CO., LLC (P-5 501130) in the EAST TEXAS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7182District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$39.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$548 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 2,264 leases and 17,267 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: THIS ORDER TO BE CANCELLED

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
OilDisposition772,661 bbl$38,906,773
Casinghead gasProduction243,932 Mcf$671,525
Total$39,578,298

87,820 Mcf of this lease's gas, across 48 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.

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 2026630621106.413.05$68,930
Apr 202663562198.932.87$64,603
Mar 202656543689.753.15$52,082
Feb 202666737463.503.75$43,757
Jan 202653044259.138.00$34,874
Dec 202563958256.664.41$38,774
Nov 202561375558.593.93$38,880
Oct 202565082159.383.30$41,310
Sep 202562777262.743.08$41,713
Aug 202555273263.933.01$37,496
Jul 202569890266.743.32$49,575
Jun 202550078366.483.13$35,690
May 202581782460.553.23$52,133
Apr 202568196062.363.54$45,869
Mar 202568240767.704.27$47,909
Feb 202552731270.884.34$38,708
Jan 202559958774.324.28$47,029
Dec 202461663868.993.12$44,489
Nov 202469560769.052.20$49,324
Oct 202455264971.372.28$40,877
Sep 202461957369.612.36$44,443
Aug 202467756575.632.06$52,367
Jul 202472171679.932.15$59,166
Jun 202471376578.082.63$57,686
May 202458289678.812.20$47,837
Apr 202444882784.451.66$39,206
Mar 202460289780.301.55$49,727
Feb 202451273476.091.78$40,267
Jan 202452278473.023.30$40,702
Dec 202359575771.262.61$44,376
Nov 2023738077.892.81$57,483
Oct 202337457985.443.09$33,742
Sep 202376160289.042.74$69,406
Aug 202368066780.522.67$56,536
Jul 202360556474.852.64$46,774
Jun 202347444068.962.26$33,681
May 202390350470.622.23$64,892
Apr 202360144178.122.24$47,937
Mar 20231,05358372.852.39$78,106
Feb 2023421075.112.47$31,621
Jan 2023707076.533.39$54,107
Dec 2022639076.415.73$48,826
Nov 2022607085.005.65$51,595
Oct 2022826087.185.86$72,011
Sep 2022774084.888.16$65,697
Aug 2022705094.529.13$66,637
Jul 20227060101.587.54$71,715
Jun 20227120115.097.98$81,944
May 20229650109.378.43$105,542
Apr 20228310104.226.84$86,607
Mar 20221,3270108.885.08$144,484
Feb 2022826091.054.86$75,207
Jan 2022820081.844.54$67,109
Dec 2021822071.323.90$58,625
Nov 2021919077.435.24$71,158
Oct 2021729079.795.71$58,167
Sep 2021890069.865.35$62,175
Aug 2021892066.024.22$58,890
Jul 2021873070.783.98$61,791
Jun 20211,106069.493.38$76,856
May 20211,066063.483.02$67,670
Apr 20211,091060.362.76$65,853
Mar 20211,084061.302.72$66,449
Feb 2021805057.805.55$46,529
Jan 20211,065050.412.81$53,687
Dec 20201,107044.642.68$49,416
Nov 2020933038.772.71$36,172
Oct 20201,141036.972.48$42,183
Sep 2020815037.091.99$30,228
Aug 20201,238039.982.39$49,495
Jul 20201,101038.371.83$42,245
Jun 20201,425034.901.69$49,733
May 2020656016.921.81$11,100
Apr 20201,124014.751.80$16,579
Mar 20201,270030.341.86$38,532
Feb 20201,005049.881.98$50,129
Jan 20201,088057.252.09$62,288
Dec 20191,220059.012.30$71,992
Nov 20191,189055.302.75$65,752
Oct 20191,225053.472.42$65,501
Sep 20191,222055.052.66$67,271
Aug 20191,129053.112.30$59,961
Jul 20191,241056.272.46$69,831
Jun 20191,229052.782.49$64,867
May 20191,378058.482.74$80,585
Apr 20191,262062.632.75$79,039
Mar 20191,577056.803.06$89,574
Feb 20191,326050.852.79$67,427
Jan 20191,175046.033.23$54,085
Dec 20181,383046.594.19$64,434
Nov 20181,278052.934.24$67,645
Oct 20181,164061.443.40$71,516
Sep 20181,273059.543.11$75,794
Aug 20181,290059.403.07$76,626
Jul 20181,204065.142.93$78,429
Jun 20181,529060.183.08$92,015
May 20181,213065.382.90$79,306
Apr 20181,483063.842.90$94,675
Mar 20181,150061.222.79$70,403
Feb 20181,496061.782.77$92,423
Jan 20181,295062.874.01$81,417
Dec 20171,287057.272.92$73,706
Nov 20171,194055.423.12$66,171
Oct 20171,209049.292.98$59,592
Sep 20171,328047.523.09$63,107
Aug 20171,471045.373.00$66,739
Jul 20171,627043.873.09$71,376
Jun 20171,280042.493.09$54,387
May 20171,516045.373.26$68,781
Apr 20171,540047.933.21$73,812
Mar 20171,440046.772.98$67,349
Feb 20171,433050.452.95$72,295
Jan 20171,583049.413.42$78,216
Dec 20161,600048.763.72$78,016
Nov 20161,765042.492.64$74,995
Oct 20161,526046.193.09$70,486
Sep 20161,488041.553.10$61,826
Aug 20161,609041.442.92$66,677
Jul 20161,717041.622.92$71,462
Jun 20161,564045.352.69$70,927
May 20161,778042.521.99$75,601
Apr 20161,515036.561.99$55,388
Mar 20161,604033.011.79$52,948
Feb 20161,783026.472.06$47,196
Jan 20161,609027.352.36$44,006
Dec 20151,740032.362.00$56,306
Nov 20151,529038.792.17$59,310
Oct 20151,476043.552.43$64,280
Sep 20151,740042.992.76$74,803
Aug 20151,935040.162.87$77,710
Jul 20151,613048.152.95$77,666
Jun 20151,522056.152.88$85,460
May 20151,717055.212.96$94,796
Apr 20151,704049.822.71$84,893
Mar 20151,899042.892.93$81,448
Feb 20151,878044.662.98$83,871
Jan 20152,120043.433.10$92,072
Dec 20142,231054.693.59$122,013
Nov 20142,21822670.464.25$157,241
Oct 20142,30239978.303.90$181,803
Sep 20142,19446586.164.05$190,916
Aug 20142,29537789.394.04$206,671
Jul 20142,15235796.564.18$209,289
Jun 20142,19427598.164.74$216,666
May 20142,13849994.734.73$204,891
Apr 20142,06827395.944.81$199,717
Mar 20142,2957995.895.06$220,467
Feb 20142,083097.406.19$202,884
Jan 20142,5467090.404.86$230,499
Dec 20132,892091.824.35$265,543
Nov 20132,68426488.853.74$239,460
Oct 20132,82822497.423.78$276,350
Sep 20132,853184104.113.72$297,710
Aug 20132,8470104.253.52$296,800
Jul 20133,37615102.523.72$346,163
Jun 20133,2434494.403.93$306,312
May 20133,780094.834.15$358,457
Apr 20133,724093.964.28$349,907
Mar 20133,85416393.623.91$361,449
Feb 20133,429091.233.42$312,828
Jan 20133,386091.603.42$310,158
Dec 20123,58020686.773.42$311,341
Nov 20124,045086.953.62$351,713
Oct 20123,93425189.383.40$352,474
Sep 20124,22381294.672.92$402,161
Aug 20124,4461,05892.662.91$415,043
Jul 20124,65530885.133.02$397,211
Jun 20124,85244379.822.52$388,403
May 20125,36934891.612.49$492,720
Apr 20125,001133101.652.00$508,617
Mar 20124,998142105.052.22$525,355
Feb 20124,921169101.102.57$497,947
Jan 20125,33725798.092.73$524,209
Dec 20114,680096.873.24$453,352
Nov 20114,547095.723.31$435,239
Oct 20114,56915684.983.65$388,843
Sep 20113,92335983.623.99$329,472
Aug 20114,18457183.404.15$351,315
Jul 20113,55262494.144.52$337,204
Jun 20111,87490092.904.64$178,270
May 20111,7361,48898.134.40$176,908
Apr 20111,4841,866105.964.33$165,331
Mar 20111,6312,09996.364.06$165,680
Feb 20111,4422,00185.644.18$131,857
Jan 20112,1882,01686.504.59$198,513
Dec 20101,8011,48985.734.35$160,874
Nov 20101,69693280.843.80$140,642
Oct 20101,96196878.103.51$156,551
Sep 20101,66799272.633.98$125,022
Aug 20101,90098473.684.42$144,341
Jul 20102,01189072.554.74$150,114
Jun 20101,91888870.364.91$139,311
May 20102,03089371.124.24$148,156
Apr 20102,13670681.694.12$177,400
Mar 20102,07857278.394.39$165,405
Feb 20101,77652373.585.44$133,524
Jan 20101,79447774.365.96$136,247
Dec 20092,07667071.445.48$151,984
Nov 20091,90471474.593.75$144,698
Oct 20091,96472972.544.11$145,465
Sep 20091,96472965.543.06$130,955
Aug 20091,93988467.423.22$133,573
Jul 20091,95193261.133.46$122,494
Jun 20091,93986766.163.90$131,661
May 20092,11481454.743.93$118,916
Apr 20091,96567846.773.59$94,335
Mar 20092,24075442.144.06$97,454
Feb 20091,97157832.814.63$67,346
Jan 20091,73235335.865.37$64,005
Dec 20082,11134137.105.98$80,356
Nov 20081,97832155.496.86$111,961
Oct 20081,81726675.246.92$138,552
Sep 20081,470400101.767.88$152,738
Aug 20081,781617114.228.48$208,660
Jul 20081,799604131.0811.39$242,692
Jun 20081,740666131.3313.03$237,194
May 20081,580581123.1711.57$201,333
Apr 20081,886598110.3110.45$214,297
Mar 20081,612572101.909.66$169,791
Feb 20081,76369092.538.77$169,182
Jan 20081,75589790.388.21$165,977
Dec 20071,75089188.337.30$161,084
Nov 20071,76183191.677.29$167,490
Oct 20071,75290382.856.92$151,404
Sep 20071,7561,01875.846.24$139,532
Aug 20071,8971,29769.066.39$139,292
Jul 20071,8811,19170.906.39$140,971
Jun 20071,77047062.007.55$113,288
May 20072,06847058.747.85$125,162
Apr 20072,08559659.617.81$128,939
Mar 20072,25734356.927.30$130,973
Feb 20071,43025155.108.22$80,855
Jan 20071,94022550.306.73$99,096
Dec 20061,71427756.656.92$99,015
Nov 20061,87334254.207.62$104,122
Oct 20061,82543654.906.01$102,815
Sep 20061,89267360.085.04$117,061
Aug 20061,89065268.717.34$134,648
Jul 20061,73949769.376.34$123,787
Jun 20061,89949766.286.38$129,039
May 20061,91265766.016.42$130,432
Apr 20061,89263464.397.36$126,492
Mar 20062,08148856.707.08$121,449
Feb 20061,63728357.597.75$96,468
Jan 20062,08148860.598.93$130,447
Dec 20051,95062054.9413.42$115,451
Nov 20051,96935354.6910.59$111,422
Oct 20051,92827158.3413.80$116,218
Sep 20051,63332361.4512.08$104,249
Aug 20051,85140461.519.80$117,813
Jul 20051,82044255.697.84$104,823
Jun 20051,88547252.337.38$102,126
May 20051,80057445.226.65$85,214
Apr 20051,75331849.207.36$88,588
Mar 20051,79538750.377.15$93,183
Feb 20051,65038945.226.31$77,068
Jan 20051,68432243.166.32$74,717
Dec 20041,44143539.866.75$60,375
Nov 20041,44744745.286.33$68,350
Oct 20041,84259949.706.52$95,450
Sep 20041,46750143.245.28$66,080
Aug 20041,64353942.375.55$72,606
Jul 20041,86746338.286.08$74,286
Jun 20041,25956036.106.43$49,052
May 20041,81688437.486.49$73,805
Apr 20041,99799934.475.86$74,689
Mar 20041,94988034.365.53$71,834
Feb 20041,65869932.455.51$57,653
Jan 20041,98471632.036.30$68,058
Dec 20032,28753230.266.30$72,557
Nov 20031,62435828.804.60$48,416
Oct 20032,20733028.174.76$63,742
Sep 20032,07829926.314.75$56,092
Aug 20031,90125829.765.13$57,897
Jul 20031,78525529.415.17$53,815
Jun 20031,72016328.565.98$50,098
May 20031,58127226.595.97$43,663
Apr 20031,92127526.675.41$52,720
Mar 20031,97634331.146.10$63,624
Feb 20031,63336333.487.93$57,550
Jan 20031,83844830.315.58$58,211
Dec 20021,74441026.914.85$48,921
Nov 20021,99842924.664.14$51,045
Oct 20021,82251526.464.23$50,388
Sep 20021,70365427.443.64$49,108
Aug 20021,95768425.963.16$52,968
Jul 20022,10680424.583.06$54,227
Jun 20021,93496423.733.34$49,112
May 20022,1971,17524.663.58$58,389
Apr 20021,9601,18923.653.51$50,530
Mar 20022,27178722.003.10$52,404
Feb 20021,79270218.222.38$34,318
Jan 20022,3641,00817.172.38$42,985
Dec 20012,4611,03616.932.36$44,114
Nov 20012,3761,00718.072.41$45,357
Oct 20013,21251419.782.53$64,833
Sep 20011,445024.262.25$35,056
Aug 20012,079724.873.05$51,726
Jul 20011,6582923.933.20$39,769
Jun 20011,76932124.563.82$44,674
May 20012,05449025.524.31$54,529
Apr 20012,03757524.685.34$53,341
Mar 20012,27651624.545.38$58,627
Feb 20012,23556527.755.77$65,280
Jan 20012,62257627.478.40$76,864
Dec 20001,89843626.889.12$54,996
Nov 20002,07056032.215.66$69,843
Oct 20002,25294131.235.15$75,172
Sep 20002,40487631.875.19$81,159
Aug 20002,34289929.644.54$73,499
Jul 20002,43689328.534.09$73,151
Jun 20002,41071329.304.40$73,748
May 20002,22172227.263.68$63,201
Apr 20002,37657324.513.12$60,021
Mar 20002,04369328.422.86$60,044
Feb 20001,64557327.622.73$46,997
Jan 20002,51361625.272.48$65,032
Dec 19991,63461424.282.42$41,162
Nov 19992,51763423.192.43$59,912
Oct 19991,89571520.982.80$41,762
Sep 19992,28867721.752.62$51,537
Aug 19991,88065719.262.88$38,098
Jul 19992,22959217.892.37$41,281
Jun 19992,26365015.942.36$37,608
May 19992,29562115.792.32$37,679
Apr 19991,45150815.102.21$23,032
Mar 19992,26161112.471.84$29,318
Feb 19992,0066759.981.82$21,247
Jan 19991,92679810.381.90$21,508
Dec 19981,6738709.201.77$16,934
Nov 19981,98087810.892.19$23,481
Oct 19982,01295612.421.97$26,872
Sep 19981,92593112.592.08$26,175
Aug 19982,3011,11311.301.91$28,124
Jul 19982,2721,07611.742.24$29,081
Jun 19982,3081,16711.242.24$28,553
May 19981,8391,18212.622.21$25,816
Apr 19982,2701,13613.042.51$32,447
Mar 19982,32090512.802.31$31,786
Feb 19981,81277813.952.30$27,066
Jan 19982,19184114.702.15$34,020
Dec 19972,33797416.322.41$40,488
Nov 19972,6861,17518.193.09$52,487
Oct 19972,2421,12919.253.15$46,715
Sep 19972,28799017.742.95$43,497
Aug 19972,5691,06517.862.55$48,603
Jul 19972,1081,05517.582.25$39,429
Jun 19972,5381,06617.242.26$46,161
May 19972,5431,14018.972.31$50,872
Apr 19972,10694117.882.08$39,615
Mar 19972,43698618.951.94$48,074
Feb 19972,31884820.492.21$49,366
Jan 19972,48339423.483.54$59,695
Dec 19962,5131,04123.32$58,603
Nov 19962,5971,15921.97$57,056
Oct 19962,1481,23223.31$50,070
Sep 19962,5841,11722.22$57,416
Aug 19962,1561,07020.26$43,681
Jul 19962,5841,13819.55$50,517
Jun 19962,4531,12618.73$45,945
May 19962,6011,23319.43$50,537
Apr 19962,1651,09421.51$46,569
Mar 19962,6201,12719.38$50,776
Feb 19962,12197916.98$36,015
Jan 19962,6041,06417.07$44,450
Dec 19952,5921,10317.19$44,556
Nov 19952,5981,25716.00$41,568
Oct 19952,5941,35815.43$40,025
Sep 19952,5681,25616.18$41,550
Aug 19952,5731,39715.92$40,962
Jul 19952,5761,83115.24$39,258
Jun 19952,5651,81616.41$42,092
May 19952,9671,82717.56$52,101
Apr 19952,5491,72317.73$45,194
Mar 19952,5591,60016.44$42,070
Feb 19952,5531,54416.58$42,329
Jan 19952,9971,82215.92$47,712
Dec 19943,4261,91215.03$51,493
Nov 19941,9971,85615.90$31,752
Oct 19943,2762,05515.58$51,040
Sep 19942,6982,07515.29$41,252
Aug 19943,0702,21716.13$49,519
Jul 19943,1222,38117.56$54,822
Jun 19943,2702,28417.09$55,884
May 19942,9932,27615.88$47,529
Apr 19942,6992,32914.14$38,164
Mar 19943,3042,65812.46$41,168
Feb 19943,2272,25912.50$40,338
Jan 19944,0692,84612.66$51,514
Dec 19933,1472,56212.33$38,803
Nov 19933,1442,65914.49$45,557
Oct 19933,6132,81715.85$57,266
Sep 19933,1302,84015.03$47,044
Aug 19933,1662,69115.66$49,580
Jul 19933,0532,79115.46$47,199
Jun 19933,1402,11716.79$52,721
May 19932,7021,81317.68$47,771
Apr 19932,2621,82718.05$40,829
Mar 19933,6272,22918.14$65,794
Feb 19933,5722,10617.90$63,939
Jan 19933,1752,30616.93$53,753

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.

May 2026 — as filed, then multipliedworked
Oil                  630 bbl  × $106.41 =    $67,038
Casinghead gas       621 Mcf  × $  3.05 =     $1,891

────────────────────────────────────────────────────
Month total                                  $68,930

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. 6E/O/7182 is the state's own key, not one this site invented.