REYNOLDS, C. C.

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14076District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$822 k
Nov 1995 – May 2009
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
163
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition20,608 bbl$444,984
Casinghead gasProduction135,488 Mcf$377,065
Total$822,050

24,720 Mcf of this lease's gas, across 14 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 (163)

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

163 months

May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200943042.144.06$1,812
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
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 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20054034861.4512.08$25,344
Aug 2005023761.519.80$2,322
Jul 2005043855.697.84$3,436
Jun 2005044252.337.38$3,262
May 2005045045.226.65$2,993
Apr 2005043149.207.36$3,172
Mar 2005045550.377.15$3,255
Feb 200505345.226.31$335
Jan 2005041843.166.32$2,643
Dec 200436342239.866.75$17,318
Nov 2004042145.286.33$2,665
Oct 2004045849.706.52$2,984
Sep 2004044343.245.28$2,341
Aug 2004034742.375.55$1,926
Jul 2004046738.286.08$2,841
Jun 2004044536.106.43$2,863
May 2004047637.486.49$3,091
Apr 200442245934.475.86$17,235
Mar 2004045134.365.53$2,494
Feb 2004045132.455.51$2,485
Jan 2004046832.036.30$2,948
Dec 2003044130.266.30$2,779
Nov 2003047028.804.60$2,160
Oct 2003044028.174.76$2,094
Sep 2003043426.314.75$2,061
Aug 200335245729.765.13$12,820
Jul 2003046129.415.17$2,384
Jun 2003027528.565.98$1,645
May 2003049126.595.97$2,933
Apr 2003043126.675.41$2,331
Mar 2003038131.146.10$2,323
Feb 200332913733.487.93$12,101
Jan 2003013430.315.58$748
Dec 2002013526.914.85$655
Nov 2002014624.664.14$604
Oct 2002012626.464.23$533
Sep 200238014927.443.64$10,969
Aug 2002014025.963.16$443
Jul 2002014324.583.06$438
Jun 2002015623.733.34$521
May 2002017424.663.58$624
Apr 200239820023.653.51$10,115
Mar 2002074222.003.10$2,302
Feb 200239384318.222.38$9,163
Jan 200201,50917.172.38$3,585
Dec 20014051,60716.932.36$10,656
Nov 20014481,68818.072.41$12,156
Oct 200101,74619.782.53$4,415
Sep 20014481,64724.262.25$14,576
Aug 20013171,95324.873.05$13,847
Jul 20014002,41623.933.20$17,296
Jun 200101,42624.563.82$5,453
May 20013881,46925.524.31$16,229
Apr 200101,42824.685.34$7,619
Mar 20014031,56624.545.38$18,309
Feb 200101,40227.755.77$8,085
Jan 200101,53327.478.40$12,875
Dec 20004081,46926.889.12$24,368
Nov 200001,35432.215.66$7,661
Oct 20004481,42931.235.15$21,344
Sep 200001,18231.875.19$6,130
Aug 200001,27729.644.54$5,799
Jul 20004441,33228.534.09$18,115
Jun 200001,34329.304.40$5,906
May 200001,27927.263.68$4,706
Apr 20004001,27324.513.12$13,771
Mar 20004751,22928.422.86$17,014
Feb 200001,14227.622.73$3,114
Jan 2000091825.272.48$2,277
Dec 19993661,27624.282.42$11,979
Nov 199901,34823.192.43$3,281
Oct 19994441,55320.982.80$13,669
Sep 19994671,66221.752.62$14,510
Aug 199901,45119.262.88$4,173
Jul 19994831,61417.892.37$12,470
Jun 199901,52615.942.36$3,605
May 19994691,75315.792.32$11,474
Apr 199901,58915.102.21$3,509
Mar 19994241,80212.471.84$8,600
Feb 19994451,4799.981.82$7,130
Jan 199901,48310.381.90$2,818
Dec 19984091,5679.201.77$6,542
Nov 199801,62410.892.19$3,550
Oct 19984711,67712.421.97$9,152
Sep 199801,55112.592.08$3,230
Aug 19984601,60011.301.91$8,250
Jul 199801,46111.742.24$3,269
Jun 19984651,58511.242.24$8,773
May 199801,65712.622.21$3,656
Apr 19984791,69613.042.51$10,495
Mar 199801,53012.802.31$3,533
Feb 19984681,42213.952.30$9,798
Jan 199801,49614.702.15$3,224
Dec 19974771,60816.322.41$11,662
Nov 199701,34418.193.09$4,151
Oct 19974721,85919.253.15$14,942
Sep 199701,83517.742.95$5,422
Aug 19974661,99017.862.55$13,407
Jul 199702,06317.582.25$4,635
Jun 19976651,98417.242.26$15,943
May 199701,63818.972.31$3,781
Apr 199701,70617.882.08$3,553
Mar 19972271,65218.951.94$7,505
Feb 19974751,55920.492.21$13,172
Jan 199701,72523.483.54$6,106
Dec 19966571,80123.32$15,321
Nov 199601,71021.97$0
Oct 19964632,00023.31$10,793
Sep 199601,89222.22$0
Aug 19964671,91020.26$9,461
Jul 19964032,07119.55$7,879
Jun 199601,90218.73$0
May 19964572,03419.43$8,880
Apr 19964721,93721.51$10,153
Mar 199601,94419.38$0
Feb 19964091,63316.98$6,945
Jan 199601,18917.07$0
Dec 19954541,44417.19$7,804
Nov 19951271,25316.00$2,032

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.

Mar 2009 — as filed, then multipliedworked
Oil                   43 bbl  × $ 42.14 =     $1,812
Casinghead gas         0 Mcf  × $  4.06 =         $0

────────────────────────────────────────────────────
Month total                                   $1,812

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/O/14076 is the state's own key, not one this site invented.