REYNOLDS UNIT

Operated by VENTEX OPERATING CORP. (P-5 884527) in the CASADY (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27899District 7BField 16148500OilCasinghead gasSaveExport
Value, all time
$1.6 M
Jul 1996 – Sep 2012
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
195
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 9 leases and 12 wells, and the rule below applies to all of them.

Discovered
1953-06-07
as the register files it
Field class
Oil
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 40 acres. The field rule took effect on 1999-09-14.

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
OilDisposition43,606 bbl$1,348,308
Casinghead gasProduction72,384 Mcf$205,364
Total$1,553,672

1,701 Mcf of this lease's gas, across 6 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 32.5121, -100.0631. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.51206, -100.06308 · 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
0.0%
0 of 1 wells
Median depth
4,960 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
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 4,960 ft.

Completions filed
Apr 2017
1 of 1 wells

1 well

42-4413378324,960 ftApr 2017Yes

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 (195)

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

195 months

Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20121070101.652.00$10,877
Mar 20121780105.052.22$18,699
Feb 201200101.102.57$0
Jan 2012179098.092.73$17,558
Dec 20110096.873.24$0
Nov 2011179095.723.31$17,134
Oct 20110084.983.65$0
Sep 2011177083.623.99$14,801
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011179092.904.64$16,629
May 20110098.134.40$0
Apr 20111790105.964.33$18,967
Mar 20110096.364.06$0
Feb 2011182085.644.18$15,586
Jan 20110086.504.59$0
Dec 2010167085.734.35$14,317
Nov 20100080.843.80$0
Oct 2010178078.103.51$13,902
Sep 20100072.633.98$0
Aug 2010174073.684.42$12,820
Jul 20100072.554.74$0
Jun 201071070.364.91$4,996
May 2010180071.124.24$12,802
Apr 20100081.694.12$0
Mar 201073078.394.39$5,722
Feb 2010225073.585.44$16,556
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 2009180074.593.75$13,426
Oct 2009176072.544.11$12,767
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009211061.133.46$12,898
Jun 2009161066.163.90$10,652
May 20090054.743.93$0
Apr 2009179046.773.59$8,372
Mar 20090042.144.06$0
Feb 2009180032.814.63$5,906
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008178075.246.92$13,393
Sep 200800101.767.88$0
Aug 20081810114.228.48$20,674
Jul 20081790131.0811.39$23,463
Jun 200800131.3313.03$0
May 20081830123.1711.57$22,540
Apr 20081790110.3110.45$19,745
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007160075.846.24$12,134
Aug 2007179069.066.39$12,362
Jul 20070070.906.39$0
Jun 2007159062.007.55$9,858
May 20070058.747.85$0
Apr 2007166059.617.81$9,895
Mar 20070056.927.30$0
Feb 2007132055.108.22$7,273
Jan 2007174050.306.73$8,752
Dec 2006176056.656.92$9,970
Nov 20060054.207.62$0
Oct 2006163054.906.01$8,949
Sep 20060060.085.04$0
Aug 2006163068.717.34$11,200
Jul 2006164069.376.34$11,377
Jun 20060066.286.38$0
May 2006159066.016.42$10,496
Apr 2006173064.397.36$11,139
Mar 2006181056.707.08$10,263
Feb 20060057.597.75$0
Jan 2006181060.598.93$10,967
Dec 2005175054.9413.42$9,615
Nov 2005183054.6910.59$10,008
Oct 2005178058.3413.80$10,385
Sep 20050061.4512.08$0
Aug 2005180061.519.80$11,072
Jul 200509955.697.84$777
Jun 200517614952.337.38$10,310
May 200518115345.226.65$9,202
Apr 2005015049.207.36$1,104
Mar 200518215450.377.15$10,269
Feb 200517713745.226.31$8,869
Jan 200516915643.166.32$8,280
Dec 2004014739.866.75$992
Nov 200417615145.286.33$8,925
Oct 200417617449.706.52$9,881
Sep 200416618943.245.28$8,177
Aug 2004018242.375.55$1,010
Jul 200417720338.286.08$8,011
Jun 200417721336.106.43$7,760
May 200417822037.486.49$8,100
Apr 2004021634.475.86$1,265
Mar 200418020734.365.53$7,330
Feb 200416819232.455.51$6,509
Jan 200417111032.036.30$6,170
Dec 2003014830.266.30$933
Nov 200316721228.804.60$5,784
Oct 200316821928.174.76$5,775
Sep 200317523226.314.75$5,706
Aug 200316125029.765.13$6,074
Jul 200317126229.415.17$6,384
Jun 200315624728.565.98$5,933
May 200315726726.595.97$5,769
Apr 2003026626.675.41$1,438
Mar 200329027231.146.10$10,689
Feb 200316425133.487.93$7,480
Jan 200317326530.315.58$6,723
Dec 200217325826.914.85$5,908
Nov 200216325224.664.14$5,062
Oct 200216126026.464.23$5,360
Sep 200216621927.443.64$5,351
Aug 2002023625.963.16$747
Jul 200217326524.583.06$5,064
Jun 200234025923.733.34$8,933
May 200216726324.663.58$5,061
Apr 200216126623.653.51$4,742
Mar 200216930822.003.10$4,674
Feb 200216822618.222.38$3,598
Jan 200216822517.172.38$3,419
Dec 200116725516.932.36$3,430
Nov 200116724318.072.41$3,602
Oct 200132926119.782.53$7,168
Sep 200116010524.262.25$4,118
Aug 200117323424.873.05$5,017
Jul 200116925823.933.20$4,869
Jun 200134427824.563.82$9,512
May 2001030125.524.31$1,297
Apr 200133228224.685.34$9,698
Mar 200117128524.545.38$5,729
Feb 200117128127.755.77$6,366
Jan 200116831027.478.40$7,219
Dec 200016531826.889.12$7,336
Nov 200019633232.215.66$8,192
Oct 200017740531.235.15$7,612
Sep 200033641531.875.19$12,861
Aug 2000043329.644.54$1,966
Jul 200011450028.534.09$5,297
Jun 200016655829.304.40$7,317
May 200016960427.263.68$6,830
Apr 200017363824.513.12$6,228
Mar 200017570228.422.86$6,981
Feb 200017264227.622.73$6,501
Jan 200034863125.272.48$10,359
Dec 199917178824.282.42$6,062
Nov 199917881223.192.43$6,104
Oct 199916890720.982.80$6,068
Sep 199917582321.752.62$5,962
Aug 199917594219.262.88$6,079
Jul 19991671,04717.892.37$5,472
Jun 199934999615.942.36$7,916
May 19991681,07615.792.32$5,150
Apr 199916693015.102.21$4,560
Mar 199916699312.471.84$3,895
Feb 19993551,1509.981.82$5,633
Jan 19991731,22810.381.90$4,129
Dec 19983601,3029.201.77$5,621
Nov 19983411,32910.892.19$6,618
Oct 19983541,39912.421.97$7,152
Sep 19983521,38412.592.08$7,314
Aug 19983531,44011.301.91$6,735
Jul 19983481,46011.742.24$7,352
Jun 19985231,45711.242.24$9,138
May 19983511,46412.622.21$7,660
Apr 19985261,84813.042.51$11,489
Mar 19985961,87812.802.31$11,966
Feb 19984861,84213.952.30$11,015
Jan 19987211,98914.702.15$14,885
Dec 19978951,88116.322.41$19,142
Nov 19979411,42718.193.09$21,524
Oct 1997044019.253.15$1,386
Sep 199718060617.742.95$4,984
Aug 19971731,06717.862.55$5,816
Jul 19976832,12217.582.25$16,775
Jun 19978583,22917.242.26$22,080
May 19971,0373,82218.972.31$28,495
Apr 19971,2122,52917.882.08$26,938
Mar 19971,3932,04618.951.94$30,365
Feb 19971,0201,50720.492.21$24,224
Jan 19971,5971,12223.483.54$41,469
Dec 19962,27023623.32$52,936
Nov 19961,35740021.97$29,813
Oct 19961,21428023.31$28,298
Sep 19961,40838622.22$31,286
Aug 19961,22633020.26$24,839
Jul 19961726919.55$3,363

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.

Apr 2012 — as filed, then multipliedworked
Oil                  107 bbl  × $101.65 =    $10,877
Casinghead gas         0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                  $10,877

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/27899 is the state's own key, not one this site invented.