TURNER PROPERTIES-REED

Operated by BUSTAMANTE OIL COMPANY (P-5 112685) in the JAMESON (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 245461District 7CField 45580666GasSaveExport
Value, all time
$82 k
Jun 2008 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
216
no gaps in the span
Streams
1
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 209 leases and 781 wells, and the rule below applies to all of them.

Discovered
1952-01-11
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 40 acres. The field rule took effect on 1959-10-01.

The Commission's schedule remark for this field reads: 640 ACRES

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
GasProduction23,425 Mcf$82,399
Total$82,399

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 32.0697, -100.7194. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06965, -100.71942 · 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
6,210 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 6,210 ft.

Completions filed
Apr 1980
1 of 1 wells

1 well

42-0813088416,210 ftApr 1980

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 (216)

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

216 months

May 20260106.413.05$0
Apr 202623498.932.87$672
Mar 202623689.753.15$743
Feb 202621563.503.75$806
Jan 202627559.138.00$2,199
Dec 202527956.664.41$1,231
Nov 202524958.593.93$978
Oct 202516659.383.30$549
Sep 202523962.743.08$735
Aug 202527063.933.01$814
Jul 202532166.743.32$1,064
Jun 202523466.483.13$732
May 202535460.553.23$1,144
Apr 202536962.363.54$1,307
Mar 202537367.704.27$1,592
Feb 202542570.884.34$1,845
Jan 202545974.324.28$1,964
Dec 202446868.993.12$1,461
Nov 202449269.052.20$1,082
Oct 202452271.372.28$1,191
Sep 202444169.612.36$1,043
Aug 202448475.632.06$999
Jul 202457079.932.15$1,224
Jun 202456178.082.63$1,478
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 202427680.301.55$426
Feb 202452076.091.78$927
Jan 202457073.023.30$1,880
Dec 202366571.262.61$1,736
Nov 202330177.892.81$845
Oct 20232585.443.09$77
Sep 202353189.042.74$1,452
Aug 2023080.522.67$0
Jul 20233074.852.64$79
Jun 20233068.962.26$68
May 20233070.622.23$67
Apr 20233078.122.24$67
Mar 20233072.852.39$72
Feb 20233075.112.47$74
Jan 20233076.533.39$102
Dec 2022076.415.73$0
Nov 20226085.005.65$339
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 20177145.373.26$232
Apr 20179547.933.21$305
Mar 20179846.772.98$292
Feb 20179150.452.95$269
Jan 20178349.413.42$284
Dec 20169748.763.72$361
Nov 20169442.492.64$249
Oct 20169846.193.09$303
Sep 201610641.553.10$329
Aug 201611041.442.92$322
Jul 201610141.622.92$295
Jun 20169745.352.69$261
May 201610542.521.99$209
Apr 201610936.561.99$217
Mar 201611133.011.79$199
Feb 201610526.472.06$217
Jan 201611127.352.36$262
Dec 20159532.362.00$190
Nov 201510538.792.17$228
Oct 201512543.552.43$303
Sep 201511042.992.76$303
Aug 201511040.162.87$316
Jul 201510948.152.95$321
Jun 201510356.152.88$297
May 201511055.212.96$325
Apr 201510649.822.71$287
Mar 201511042.892.93$323
Feb 20159544.662.98$283
Jan 201510343.433.10$319
Dec 201410354.693.59$370
Nov 201410570.464.25$446
Oct 201413878.303.90$538
Sep 201413986.164.05$562
Aug 201413689.394.04$549
Jul 201411096.564.18$460
Jun 201410898.164.74$512
May 201411094.734.73$520
Apr 201410695.944.81$510
Mar 201410995.895.06$551
Feb 20149897.406.19$607
Jan 201410890.404.86$525
Dec 201310891.824.35$470
Nov 201310688.853.74$396
Oct 201311097.423.78$416
Sep 2013107104.113.72$398
Aug 2013111104.253.52$391
Jul 2013114102.523.72$424
Jun 201311694.403.93$456
May 20138594.834.15$353
Apr 20139493.964.28$403
Mar 201311393.623.91$442
Feb 20139891.233.42$335
Jan 201311291.603.42$383
Dec 201211386.773.42$386
Nov 201210986.953.62$395
Oct 201211289.383.40$381
Sep 201211094.672.92$321
Aug 201212692.662.91$366
Jul 201212885.133.02$387
Jun 201212479.822.52$312
May 201212891.612.49$319
Apr 2012124101.652.00$248
Mar 2012125105.052.22$278
Feb 2012117101.102.57$301
Jan 201212298.092.73$334
Dec 201112496.873.24$402
Nov 201111995.723.31$394
Oct 201112684.983.65$460
Sep 201112583.623.99$498
Aug 201113783.404.15$568
Jul 201113094.144.52$587
Jun 201112292.904.64$566
May 201112698.134.40$555
Apr 2011120105.964.33$520
Mar 201111396.364.06$458
Feb 20117085.644.18$293
Jan 201111186.504.59$509
Dec 201012085.734.35$522
Nov 201012280.843.80$463
Oct 201012778.103.51$446
Sep 201012172.633.98$482
Aug 201012573.684.42$552
Jul 201012272.554.74$578
Jun 201012170.364.91$594
May 201012371.124.24$521
Apr 20108181.694.12$334
Mar 201012278.394.39$535
Feb 201011473.585.44$620
Jan 201012274.365.96$728
Dec 20099271.445.48$505
Nov 200912174.593.75$454
Oct 200910272.544.11$419
Sep 200910265.543.06$313
Aug 200911067.423.22$354
Jul 200911361.133.46$391
Jun 200910866.163.90$421
May 200911854.743.93$463
Apr 200912446.773.59$445
Mar 200910942.144.06$442
Feb 200911832.814.63$547
Jan 200913535.865.37$725
Dec 200812537.105.98$747
Nov 200812655.496.86$864
Oct 200812775.246.92$879
Sep 2008126101.767.88$993
Aug 2008106114.228.48$899
Jul 2008130131.0811.39$1,481
Jun 200851131.3313.03$665

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 2026 — as filed, then multipliedworked
Gas                  234 Mcf  × $  2.87 =       $672

────────────────────────────────────────────────────
Month total                                     $672

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. 7C/G/245461 is the state's own key, not one this site invented.