REID, GRADY

Operated by LEVISAY OPERATING CO. (P-5 498735) in the M.J.REID (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 38038District 7BField 56230500CondensateGasSaveExport
Value, all time
$286 k
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
condensate, 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 13 leases and 14 wells, and the rule below applies to all of them.

Discovered
1982-01-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 080183 PER AMENDMENT TO SWR 28 & 29

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
CondensateDisposition235 bbl$12,488
GasProduction76,437 Mcf$273,825
Total$286,314

20,034 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.

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 31.8219, -99.0766. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.82188, -99.07657 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
2,622 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
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 2,622 ft.

Completions filed
Feb 1966
1 of 1 wells

1 well

42-0498013012,622 ftFeb 1966

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 20240168.993.12$3
Nov 20240169.052.20$2
Oct 20240171.372.28$2
Sep 20240169.612.36$2
Aug 20240175.632.06$2
Jul 20240179.932.15$2
Jun 20240178.082.63$3
May 20240178.812.20$2
Apr 20240184.451.66$2
Mar 20240180.301.55$2
Feb 20240176.091.78$2
Jan 20240173.023.30$3
Dec 20230171.262.61$3
Nov 20230177.892.81$3
Oct 20230185.443.09$3
Sep 20230189.042.74$3
Aug 20230180.522.67$3
Jul 20230174.852.64$3
Jun 20230168.962.26$2
May 20230170.622.23$2
Apr 20230178.122.24$2
Mar 20230172.852.39$2
Feb 20230175.112.47$2
Jan 20230176.533.39$3
Dec 20220176.415.73$6
Nov 20220185.005.65$6
Oct 20220187.185.86$6
Sep 20220184.888.16$8
Aug 20220194.529.13$9
Jul 202201101.587.54$8
Jun 202201115.097.98$8
May 202201109.378.43$8
Apr 202201104.226.84$7
Mar 202201108.885.08$5
Feb 20220191.054.86$5
Jan 20220181.844.54$5
Dec 20210171.323.90$4
Nov 20210177.435.24$5
Oct 20210179.795.71$6
Sep 20210169.865.35$5
Aug 20210166.024.22$4
Jul 20210170.783.98$4
Jun 20210169.493.38$3
May 20210163.483.02$3
Apr 20210160.362.76$3
Mar 20210161.302.72$3
Feb 20210157.805.55$6
Jan 20210150.412.81$3
Dec 20200144.642.68$3
Nov 20200138.772.71$3
Oct 20200136.972.48$2
Sep 20200137.091.99$2
Aug 20200139.982.39$2
Jul 20200138.371.83$2
Jun 20200134.901.69$2
May 20200216.921.81$4
Apr 20200214.751.80$4
Mar 20200130.341.86$2
Feb 20200149.881.98$2
Jan 20200157.252.09$2
Dec 20190159.012.30$2
Nov 20190655.302.75$17
Oct 20190553.472.42$12
Sep 20190655.052.66$16
Aug 20190753.112.30$16
Jul 20190556.272.46$12
Jun 20190652.782.49$15
May 20190758.482.74$19
Apr 20190562.632.75$14
Mar 20190656.803.06$18
Feb 20190450.852.79$11
Jan 20190546.033.23$16
Dec 20180646.594.19$25
Nov 20180552.934.24$21
Oct 20180661.443.40$20
Sep 20180559.543.11$16
Aug 20180759.403.07$21
Jul 20180665.142.93$18
Jun 20180560.183.08$15
May 20180565.382.90$15
Apr 20180763.842.90$20
Mar 20180761.222.79$20
Feb 20180761.782.77$19
Jan 20180862.874.01$32
Dec 20170857.272.92$23
Nov 20170755.423.12$22
Oct 201746849.292.98$2,291
Sep 20170847.523.09$25
Aug 20170745.373.00$21
Jul 20170643.873.09$19
Jun 20170442.493.09$12
May 20170745.373.26$23
Apr 20170647.933.21$19
Mar 20170646.772.98$18
Feb 20170550.452.95$15
Jan 20170649.413.42$21
Dec 20160748.763.72$26
Nov 20160742.492.64$19
Oct 20160846.193.09$25
Sep 20160741.553.10$22
Aug 20160941.442.92$26
Jul 20160841.622.92$23
Jun 20160845.352.69$21
May 20160842.521.99$16
Apr 20160836.561.99$16
Mar 20160933.011.79$16
Feb 20160726.472.06$14
Jan 20160727.352.36$17
Dec 20150732.362.00$14
Nov 20150838.792.17$17
Oct 20150843.552.43$19
Sep 20150942.992.76$25
Aug 201501040.162.87$29
Jul 201501048.152.95$29
Jun 20150956.152.88$26
May 201501055.212.96$30
Apr 201501049.822.71$27
Mar 201501242.892.93$35
Feb 20150944.662.98$27
Jan 201501143.433.10$34
Dec 20140954.693.59$32
Nov 201401270.464.25$51
Oct 201401478.303.90$55
Sep 201401386.164.05$53
Aug 201401489.394.04$56
Jul 201401696.564.18$67
Jun 2014014798.164.74$696
May 2014017094.734.73$804
Apr 2014014795.944.81$707
Mar 2014014595.895.06$733
Feb 2014013997.406.19$861
Jan 2014015090.404.86$729
Dec 2013015991.824.35$692
Nov 2013015188.853.74$564
Oct 2013015597.423.78$586
Sep 20130159104.113.72$591
Aug 20130165104.253.52$581
Jul 20130177102.523.72$658
Jun 2013017594.403.93$688
May 2013017794.834.15$734
Apr 2013017593.964.28$749
Mar 2013018393.623.91$716
Feb 2013017891.233.42$609
Jan 2013017691.603.42$602
Dec 2012021886.773.42$746
Nov 2012021186.953.62$765
Oct 2012022389.383.40$758
Sep 2012021594.672.92$627
Aug 2012022192.662.91$643
Jul 2012020485.133.02$616
Jun 2012020379.822.52$511
May 2012020891.612.49$518
Apr 20120213101.652.00$425
Mar 20120210105.052.22$467
Feb 201260213101.102.57$6,613
Jan 2012022598.092.73$615
Dec 2011023296.873.24$752
Nov 2011022595.723.31$745
Oct 2011023284.983.65$846
Sep 2011021383.623.99$849
Aug 2011020583.404.15$851
Jul 2011018794.144.52$845
Jun 2011020092.904.64$928
May 2011024598.134.40$1,079
Apr 20110239105.964.33$1,036
Mar 2011024596.364.06$994
Feb 2011024085.644.18$1,003
Jan 2011024786.504.59$1,133
Dec 2010024485.734.35$1,061
Nov 2010023880.843.80$903
Oct 2010024578.103.51$860
Sep 2010023872.633.98$947
Aug 2010025673.684.42$1,131
Jul 2010025272.554.74$1,194
Jun 2010024070.364.91$1,179
May 2010025371.124.24$1,072
Apr 2010024281.694.12$998
Mar 2010026078.394.39$1,141
Feb 2010023973.585.44$1,301
Jan 2010025574.365.96$1,521
Dec 2009025271.445.48$1,382
Nov 2009024674.593.75$923
Oct 2009026272.544.11$1,077
Sep 2009026265.543.06$803
Aug 2009028767.423.22$924
Jul 2009026761.133.46$925
Jun 2009026766.163.90$1,040
May 2009027554.743.93$1,080
Apr 2009027546.773.59$987
Mar 2009028142.144.06$1,141
Feb 2009022632.814.63$1,047
Jan 2009028435.865.37$1,525
Dec 2008027837.105.98$1,662
Nov 2008027755.496.86$1,900
Oct 2008029675.246.92$2,049
Sep 20080281101.767.88$2,213
Aug 20080296114.228.48$2,511
Jul 20080300131.0811.39$3,417
Jun 20080303131.3313.03$3,949
May 20080300123.1711.57$3,472
Apr 20080308110.3110.45$3,220
Mar 20080316101.909.66$3,054
Feb 2008028992.538.77$2,535
Jan 2008030990.388.21$2,536
Dec 2007032488.337.30$2,366
Nov 2007031991.677.29$2,326
Oct 2007033182.856.92$2,291
Sep 2007032675.846.24$2,036
Aug 2007035769.066.39$2,280
Jul 2007037070.906.39$2,364
Jun 2007021462.007.55$1,615
May 2007022958.747.85$1,797
Apr 2007021559.617.81$1,678
Mar 2007026156.927.30$1,906
Feb 2007025655.108.22$2,103
Jan 2007025450.306.73$1,709
Dec 2006024856.656.92$1,716
Nov 2006026154.207.62$1,988
Oct 2006023954.906.01$1,437
Sep 2006024960.085.04$1,254
Aug 2006021368.717.34$1,563
Jul 2006029569.376.34$1,871
Jun 2006027266.286.38$1,736
May 2006015266.016.42$977
Apr 2006021364.397.36$1,568
Mar 2006025656.707.08$1,813
Feb 2006024157.597.75$1,868
Jan 2006025660.598.93$2,287
Dec 2005027254.9413.42$3,649
Nov 2005030654.6910.59$3,240
Oct 2005029358.3413.80$4,042
Sep 2005028861.4512.08$3,479
Aug 2005031761.519.80$3,106
Jul 2005029255.697.84$2,290
Jun 2005027552.337.38$2,030
May 2005028845.226.65$1,916
Apr 2005025749.207.36$1,892
Mar 2005030150.377.15$2,154
Feb 2005029545.226.31$1,862
Jan 2005035043.166.32$2,213
Dec 2004037639.866.75$2,538
Nov 2004028745.286.33$1,817
Oct 2004031849.706.52$2,072
Sep 2004023643.245.28$1,247
Aug 2004026442.375.55$1,465
Jul 2004031638.286.08$1,923
Jun 2004034336.106.43$2,207
May 2004041737.486.49$2,708
Apr 2004046134.475.86$2,701
Mar 2004028834.365.53$1,593
Feb 2004024632.455.51$1,355
Jan 2004027332.036.30$1,720
Dec 2003026030.266.30$1,638
Nov 2003025028.804.60$1,149
Oct 2003026628.174.76$1,266
Sep 2003023826.314.75$1,130
Aug 2003023429.765.13$1,200
Jul 2003025929.415.17$1,339
Jun 2003026128.565.98$1,562
May 2003026126.595.97$1,559
Apr 2003026926.675.41$1,455
Mar 2003024731.146.10$1,506
Feb 2003020333.487.93$1,609
Jan 2003024030.315.58$1,340
Dec 2002021526.914.85$1,044
Nov 2002021624.664.14$894
Oct 2002023126.464.23$977
Sep 2002024327.443.64$883
Aug 2002025025.963.16$791
Jul 2002018224.583.06$557
Jun 2002013923.733.34$464
May 2002020024.663.58$717
Apr 2002025923.653.51$910
Mar 2002025222.003.10$782
Feb 2002023918.222.38$568
Jan 2002028817.172.38$684
Dec 2001029416.932.36$695
Nov 2001027918.072.41$671
Oct 2001030519.782.53$771
Sep 2001026324.262.25$592
Aug 2001025624.873.05$782
Jul 2001023623.933.20$755
Jun 2001026524.563.82$1,013
May 2001028325.524.31$1,219
Apr 2001029524.685.34$1,574
Mar 2001037624.545.38$2,022
Feb 2001027727.755.77$1,597
Jan 2001029027.478.40$2,436
Dec 2000028426.889.12$2,591
Nov 200012925932.215.66$5,621
Oct 2000029631.235.15$1,523
Sep 2000027031.875.19$1,400
Aug 2000028829.644.54$1,308
Jul 2000028328.534.09$1,157
Jun 2000030729.304.40$1,350
May 2000029527.263.68$1,086
Apr 2000031824.513.12$991
Mar 2000033028.422.86$944
Feb 2000034927.622.73$952
Jan 2000031025.272.48$769
Dec 1999035924.282.42$870
Nov 1999026923.192.43$655
Oct 1999038120.982.80$1,068
Sep 1999032021.752.62$838
Aug 1999032619.262.88$937
Jul 1999029017.892.37$688
Jun 1999031815.942.36$751
May 1999032415.792.32$752
Apr 1999032715.102.21$722
Mar 1999031612.471.84$581
Feb 199903059.981.82$554
Jan 1999026710.381.90$507
Dec 199803479.201.77$615
Nov 1998026810.892.19$586
Oct 1998024412.421.97$480
Sep 1998023212.592.08$483
Aug 1998026111.301.91$498
Jul 1998022411.742.24$501
Jun 1998038211.242.24$855
May 1998039212.622.21$865
Apr 1998035113.042.51$879
Mar 1998033412.802.31$771
Feb 1998034213.952.30$786
Jan 1998040714.702.15$877
Dec 1997033916.322.41$817
Nov 1997029818.193.09$920
Oct 1997036419.253.15$1,147
Sep 1997024817.742.95$733
Aug 1997033017.862.55$843
Jul 1997026817.582.25$602
Jun 1997027517.242.26$621
May 1997033718.972.31$778
Apr 1997027217.882.08$567
Mar 1997033618.951.94$652
Feb 1997038420.492.21$847
Jan 1997048423.483.54$1,713
Dec 1996029823.32$0
Nov 1996038821.97$0
Oct 1996036623.31$0
Sep 1996033522.22$0
Aug 1996039720.26$0
Jul 1996035819.55$0
Jun 1996039418.73$0
May 1996038419.43$0
Apr 1996034521.51$0
Mar 1996042019.38$0
Feb 1996032716.98$0
Jan 1996032317.07$0
Dec 1995045517.19$0
Nov 1995036916.00$0
Oct 1995033215.43$0
Sep 1995047516.18$0
Aug 1995038015.92$0
Jul 1995037415.24$0
Jun 1995046716.41$0
May 1995035217.56$0
Apr 1995034517.73$0
Mar 1995041816.44$0
Feb 1995036716.58$0
Jan 1995043315.92$0
Dec 1994053415.03$0
Nov 1994036815.90$0
Oct 1994043515.58$0
Sep 1994055515.29$0
Aug 1994039216.13$0
Jul 1994052017.56$0
Jun 1994044617.09$0
May 1994044915.88$0
Apr 1994050514.14$0
Mar 1994041512.46$0
Feb 1994038712.50$0
Jan 1994041112.66$0
Dec 1993053612.33$0
Nov 1993041014.49$0
Oct 1993056815.85$0
Sep 1993043415.03$0
Aug 1993045815.66$0
Jul 1993057115.46$0
Jun 1993042916.79$0
May 1993033917.68$0
Apr 1993056918.05$0
Mar 1993040018.14$0
Feb 1993038517.90$0
Jan 1993041616.93$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.

Dec 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 68.99 =         $0
Gas                    1 Mcf  × $  3.12 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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. 7B/G/38038 is the state's own key, not one this site invented.