REED, J.F.

Name: REED, J.F. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BIG TIO, INC. (P-5 70709) in the FOSTER (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22206District 7BField 32300500OilCasinghead gasSave Export

Value, all time

$43 k

Jan 1993 – Dec 2012

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

240

no gaps in the span

Streams

oil, casinghead gas

The FOSTER (MARBLE FALLS) 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 278 leases and 358 wells, and the rule below applies to all of them.

Discovered

1976-08-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: “OPTIONAL 40 AC UNITS DIAG 2100'”

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
Oil	Disposition	354 bbl	$8,465
Casinghead gas	Production	22,941 Mcf	$34,038
Total			$42,503

15,043 Mcf of this lease's gas, across 45 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 32.2175, -98.9283. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21749, -98.92826 · 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

3,648 ft

1 wells filed one

Completion to plug

35.6 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 3,648 ft.

Completions filed

Sep 1976

1 of 1 wells

Plug dates filed

Apr 2012

1 of 1 wells

Last completion to plug: a median of 35.6 years across the 1 well that filed both dates, with the middle half between 35.6 years and 35.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-13330511	1	3,648 ft	Sep 1976	Apr 2012	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 (240)

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

240 months


Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	20	0	85.13	3.02	$1,703
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	11	82.85	6.92	$76
Sep 2007	0	12	75.84	6.24	$75
Aug 2007	0	50	69.06	6.39	$319
Jul 2007	0	47	70.90	6.39	$300
Jun 2007	0	56	62.00	7.55	$423
May 2007	0	53	58.74	7.85	$416
Apr 2007	0	37	59.61	7.81	$289
Mar 2007	0	37	56.92	7.30	$270
Feb 2007	0	37	55.10	8.22	$304
Jan 2007	0	17	50.30	6.73	$114
Dec 2006	0	42	56.65	6.92	$291
Nov 2006	0	46	54.20	7.62	$350
Oct 2006	0	14	54.90	6.01	$84
Sep 2006	0	11	60.08	5.04	$55
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	3	60.59	8.93	$27
Dec 2005	0	74	54.94	13.42	$993
Nov 2005	0	92	54.69	10.59	$974
Oct 2005	0	70	58.34	13.80	$966
Sep 2005	0	57	61.45	12.08	$689
Aug 2005	0	3	61.51	9.80	$29
Jul 2005	0	27	55.69	7.84	$212
Jun 2005	0	83	52.33	7.38	$613
May 2005	0	86	45.22	6.65	$572
Apr 2005	0	91	49.20	7.36	$670
Mar 2005	0	93	50.37	7.15	$665
Feb 2005	0	74	45.22	6.31	$467
Jan 2005	0	23	43.16	6.32	$145
Dec 2004	0	81	39.86	6.75	$547
Nov 2004	0	81	45.28	6.33	$513
Oct 2004	0	85	49.70	6.52	$554
Sep 2004	0	58	43.24	5.28	$306
Aug 2004	0	60	42.37	5.55	$333
Jul 2004	0	30	38.28	6.08	$183
Jun 2004	0	45	36.10	6.43	$289
May 2004	0	35	37.48	6.49	$227
Apr 2004	0	72	34.47	5.86	$422
Mar 2004	0	67	34.36	5.53	$371
Feb 2004	0	62	32.45	5.51	$342
Jan 2004	0	47	32.03	6.30	$296
Dec 2003	0	38	30.26	6.30	$239
Nov 2003	0	20	28.80	4.60	$92
Oct 2003	0	26	28.17	4.76	$124
Sep 2003	0	52	26.31	4.75	$247
Aug 2003	0	18	29.76	5.13	$92
Jul 2003	0	51	29.41	5.17	$264
Jun 2003	0	30	28.56	5.98	$179
May 2003	0	47	26.59	5.97	$281
Apr 2003	0	41	26.67	5.41	$222
Mar 2003	0	18	31.14	6.10	$110
Feb 2003	0	8	33.48	7.93	$63
Jan 2003	0	9	30.31	5.58	$50
Dec 2002	0	7	26.91	4.85	$34
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	2	25.96	3.16	$6
Jul 2002	0	1	24.58	3.06	$3
Jun 2002	111	14	23.73	3.34	$2,681
May 2002	0	5	24.66	3.58	$18
Apr 2002	0	14	23.65	3.51	$49
Mar 2002	0	42	22.00	3.10	$130
Feb 2002	0	32	18.22	2.38	$76
Jan 2002	0	67	17.17	2.38	$159
Dec 2001	0	14	16.93	2.36	$33
Nov 2001	0	32	18.07	2.41	$77
Oct 2001	0	35	19.78	2.53	$89
Sep 2001	0	64	24.26	2.25	$144
Aug 2001	0	29	24.87	3.05	$89
Jul 2001	0	23	23.93	3.20	$74
Jun 2001	0	40	24.56	3.82	$153
May 2001	0	13	25.52	4.31	$56
Apr 2001	0	58	24.68	5.34	$309
Mar 2001	0	2	24.54	5.38	$11
Feb 2001	0	99	27.75	5.77	$571
Jan 2001	0	130	27.47	8.40	$1,092
Dec 2000	0	128	26.88	9.12	$1,168
Nov 2000	0	116	32.21	5.66	$656
Oct 2000	0	95	31.23	5.15	$489
Sep 2000	0	107	31.87	5.19	$555
Aug 2000	0	112	29.64	4.54	$509
Jul 2000	0	112	28.53	4.09	$458
Jun 2000	0	89	29.30	4.40	$391
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	152	9.20	1.77	$270
Nov 1998	0	143	10.89	2.19	$313
Oct 1998	0	140	12.42	1.97	$276
Sep 1998	0	132	12.59	2.08	$275
Aug 1998	0	109	11.30	1.91	$208
Jul 1998	0	134	11.74	2.24	$300
Jun 1998	0	115	11.24	2.24	$257
May 1998	0	118	12.62	2.21	$260
Apr 1998	0	126	13.04	2.51	$316
Mar 1998	0	130	12.80	2.31	$300
Feb 1998	0	110	13.95	2.30	$253
Jan 1998	0	134	14.70	2.15	$289
Dec 1997	0	187	16.32	2.41	$451
Nov 1997	0	160	18.19	3.09	$494
Oct 1997	0	223	19.25	3.15	$702
Sep 1997	0	226	17.74	2.95	$668
Aug 1997	0	537	17.86	2.55	$1,372
Jul 1997	0	328	17.58	2.25	$737
Jun 1997	0	242	17.24	2.26	$546
May 1997	0	0	18.97	2.31	$0
Apr 1997	0	151	17.88	2.08	$315
Mar 1997	0	182	18.95	1.94	$353
Feb 1997	0	144	20.49	2.21	$318
Jan 1997	0	166	23.48	3.54	$588
Dec 1996	0	154	23.32	—	$0
Nov 1996	0	163	21.97	—	$0
Oct 1996	0	174	23.31	—	$0
Sep 1996	0	155	22.22	—	$0
Aug 1996	0	177	20.26	—	$0
Jul 1996	0	184	19.55	—	$0
Jun 1996	0	192	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	0	212	21.51	—	$0
Mar 1996	174	281	19.38	—	$3,372
Feb 1996	0	601	16.98	—	$0
Jan 1996	0	188	17.07	—	$0
Dec 1995	0	218	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	49	190	15.43	—	$756
Sep 1995	0	272	16.18	—	$0
Aug 1995	0	290	15.92	—	$0
Jul 1995	0	188	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	248	17.56	—	$0
Apr 1995	0	243	17.73	—	$0
Mar 1995	0	272	16.44	—	$0
Feb 1995	0	408	16.58	—	$0
Jan 1995	0	210	15.92	—	$0
Dec 1994	0	434	15.03	—	$0
Nov 1994	0	770	15.90	—	$0
Oct 1994	0	918	15.58	—	$0
Sep 1994	0	212	15.29	—	$0
Aug 1994	0	328	16.13	—	$0
Jul 1994	0	371	17.56	—	$0
Jun 1994	0	365	17.09	—	$0
May 1994	0	389	15.88	—	$0
Apr 1994	0	410	14.14	—	$0
Mar 1994	0	439	12.46	—	$0
Feb 1994	0	364	12.50	—	$0
Jan 1994	0	432	12.66	—	$0
Dec 1993	0	448	12.33	—	$0
Nov 1993	0	188	14.49	—	$0
Oct 1993	0	136	15.85	—	$0
Sep 1993	0	117	15.03	—	$0
Aug 1993	0	174	15.66	—	$0
Jul 1993	0	208	15.46	—	$0
Jun 1993	0	228	16.79	—	$0
May 1993	0	481	17.68	—	$0
Apr 1993	0	447	18.05	—	$0
Mar 1993	0	589	18.14	—	$0
Feb 1993	0	591	17.90	—	$0
Jan 1993	0	984	16.93	—	$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 2012 — as filed, then multipliedworked

Oil                   20 bbl  × $ 85.13 =     $1,703
Casinghead gas         0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                   $1,703

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/O/22206 is the state's own key, not one this site invented.