REAGAN

Operated by FIREBIRD ENERGY II LLC (P-5 101413) 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 16557District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$32.8 M
Jan 2008 – May 2026
Value, last 12 filed months
$142 k
at the published price for each month
Months reported
221
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
OilDisposition372,358 bbl$28,504,123
Casinghead gasProduction1,028,740 Mcf$4,335,330
Total$32,839,453

Wells on this lease (7)

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 31.6066, -102.2744. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.1 miles.

31.60581, -102.27453 · 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
28.6%
2 of 7 wells
With a plug date
28.6%
2 of 7 wells
Median depth
10,550 ft
7 wells filed one
Completion to plug
21 months
median over 2 wells

What the state filed about each well

On the RRC proration schedule
228.6%
A plug date is filed
228.6%
BothOn the schedule and plugged. Neither fact cancels the other.
228.6%
NeitherNo plug date, and not on the schedule.
571.4%

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

Between 10,453 and 10,630 ft, median 10,550 ft, over the 7 wells that filed a depth.

Completions filed
Feb 2008 – Jun 2022
7 of 7 wells
Plug dates filed
May 2023
2 of 7 wells; 5 filed none

Last completion to plug: a median of 21 months across the 2 wells that filed both dates, with the middle half between 16 months and 2.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-46135528390710,630 ftJun 2022May 2023Yes
42-46137778351510,550 ftOct 2020May 2023Yes
42-46136404350910,465 ftJan 2010
42-46136311390910,453 ftSep 2009
42-46135557350510,540 ftApr 2008
42-46135526350710,571 ftMar 2008
42-46135525390510,621 ftFeb 2008

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 (221)

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

221 months

May 2026078106.413.05$238
Apr 20261774498.932.87$17,637
Mar 20261794189.753.15$16,194
Feb 202617418463.503.75$11,739
Jan 202616527959.138.00$11,988
Dec 202517821556.664.41$11,034
Nov 202516922358.593.93$10,777
Oct 2025026059.383.30$859
Sep 202517928362.743.08$12,101
Aug 202517733063.933.01$12,310
Jul 202516434966.743.32$12,102
Jun 202535836666.483.13$24,945
May 202533435860.553.23$21,381
Apr 202517221662.363.54$11,491
Mar 2025018567.704.27$790
Feb 202518015670.884.34$13,436
Jan 2025017074.324.28$727
Dec 2024019168.993.12$596
Nov 2024020369.052.20$446
Oct 2024021971.372.28$500
Sep 2024012769.612.36$300
Aug 202409375.632.06$192
Jul 202416511479.932.15$13,433
Jun 20241738278.082.63$13,724
May 2024010178.812.20$222
Apr 2024017584.451.66$290
Mar 2024021980.301.55$338
Feb 2024014376.091.78$255
Jan 2024020673.023.30$679
Dec 202317721971.262.61$13,185
Nov 2023020177.892.81$564
Oct 2023015185.443.09$466
Sep 2023018189.042.74$495
Aug 2023032780.522.67$874
Jul 202317358474.852.64$14,492
Jun 202317852768.962.26$13,465
May 202318966670.622.23$14,831
Apr 202336664178.122.24$30,026
Mar 2023073872.852.39$1,766
Feb 202337294075.112.47$30,259
Jan 20233641,06176.533.39$31,451
Dec 20223621,10476.415.73$33,985
Nov 20223631,08985.005.65$37,004
Oct 20223591,01787.185.86$37,261
Sep 2022090884.888.16$7,413
Aug 202235779894.529.13$41,027
Jul 20223581,166101.587.54$45,160
Jun 20223621,470115.097.98$53,389
May 20223451,647109.378.43$51,622
Apr 20223591,603104.226.84$48,376
Mar 20223631,793108.885.08$48,625
Feb 20227241,83591.054.86$74,836
Jan 20227191,73281.844.54$66,702
Dec 20213622,01971.323.90$33,690
Nov 20217272,07177.435.24$67,137
Oct 20213592,25579.795.71$41,529
Sep 20217152,03869.865.35$60,855
Aug 20213581,60566.024.22$30,409
Jul 20217211,98670.783.98$58,941
Jun 20213632,09369.493.38$32,301
May 20217242,23863.483.02$52,713
Apr 20213652,09760.362.76$27,816
Mar 20217252,35261.302.72$50,833
Feb 20213581,81057.805.55$30,734
Jan 20217272,16550.412.81$42,732
Dec 20207302,19844.642.68$38,468
Nov 20207252,27238.772.71$34,258
Oct 20207262,23136.972.48$32,370
Sep 20207162,48337.091.99$31,500
Aug 20205372,28139.982.39$26,910
Jul 20205412,01138.371.83$24,428
Jun 20209002,32334.901.69$35,337
May 202001,98116.921.81$3,595
Apr 20209092,44214.751.80$17,814
Mar 20205472,19830.341.86$20,676
Feb 20207282,01249.881.98$40,298
Jan 20203641,76057.252.09$24,526
Dec 20197202,12359.012.30$47,379
Nov 20197172,28255.302.75$45,927
Oct 20197082,59753.472.42$44,138
Sep 20197212,66855.052.66$46,781
Aug 20197371,93953.112.30$43,610
Jul 20197711,99656.272.46$48,294
Jun 20197792,18652.782.49$46,561
May 20197731,91558.482.74$50,453
Apr 20197631,72562.632.75$52,532
Mar 20197782,14256.803.06$50,749
Feb 20193921,83750.852.79$25,063
Jan 20193581,99646.033.23$22,922
Dec 20188682,23846.594.19$49,807
Nov 20188292,24052.934.24$53,370
Oct 20188102,04761.443.40$56,722
Sep 20188342,55159.543.11$57,585
Aug 20184362,91659.403.07$34,840
Jul 20188552,99365.142.93$64,470
Jun 20188302,74260.183.08$58,386
May 20188622,82765.382.90$64,558
Apr 20188562,80263.842.90$62,775
Mar 20188643,01461.222.79$61,294
Feb 20188282,78161.782.77$58,846
Jan 20188742,94562.874.01$66,756
Dec 20171,2041,84757.272.92$74,349
Nov 20178862,92555.423.12$58,223
Oct 20174492,50849.292.98$29,614
Sep 20177913,06047.523.09$47,035
Aug 20171,1743,72945.373.00$64,468
Jul 20177863,25343.873.09$44,525
Jun 20173913,10142.493.09$26,187
May 20177643,26345.373.26$45,311
Apr 20177733,08447.933.21$46,954
Mar 20171,1593,02646.772.98$63,235
Feb 201702,67150.452.95$7,886
Jan 20177912,74849.413.42$48,478
Dec 20167453,66748.763.72$49,978
Nov 20161,1233,60042.492.64$57,236
Oct 20167584,45946.193.09$48,791
Sep 20167614,64241.553.10$46,013
Aug 20168104,69941.442.92$47,308
Jul 20167845,05241.622.92$47,404
Jun 20161,1324,58345.352.69$63,645
May 20168004,13242.521.99$42,243
Apr 20167823,39536.561.99$35,350
Mar 20161,1625,14033.011.79$47,579
Feb 20167844,65526.472.06$30,359
Jan 20161,1755,08427.352.36$44,157
Dec 20157924,86432.362.00$35,364
Nov 20151,1674,85738.792.17$55,795
Oct 20151,0375,24643.552.43$57,891
Sep 20157224,16842.992.76$42,536
Aug 20151,1005,27940.162.87$59,340
Jul 20151,1185,12348.152.95$68,919
Jun 20151,1445,08056.152.88$78,881
May 20151,0675,23355.212.96$74,375
Apr 20151,0294,89949.822.71$64,524
Mar 20151,3785,11142.892.93$74,102
Feb 20151,0524,27244.662.98$59,697
Jan 20159275,06643.433.10$55,967
Dec 20141,4325,18154.693.59$96,923
Nov 20141,0455,10170.464.25$95,319
Oct 20141,4165,44278.303.90$132,102
Sep 20141,1795,26286.164.05$122,870
Aug 20141,4825,50889.394.04$154,701
Jul 20141,4855,07896.564.18$164,616
Jun 20141,0804,84998.164.74$128,982
May 20141,1625,05494.734.73$133,964
Apr 20141,5165,36795.944.81$171,256
Mar 20141,3825,70895.895.06$161,384
Feb 20141,3704,51697.406.19$161,401
Jan 20141,3625,44490.404.86$149,587
Dec 20131,7805,52891.824.35$187,511
Nov 20131,5385,69188.853.74$157,926
Oct 20131,4286,22197.423.78$162,627
Sep 20131,4936,070104.113.72$178,003
Aug 20131,4815,551104.253.52$173,948
Jul 20131,3046,183102.523.72$156,673
Jun 20131,4536,25394.403.93$161,759
May 20131,8336,02694.834.15$198,826
Apr 20131,4545,78693.964.28$161,397
Mar 20131,4846,50893.623.91$164,397
Feb 20131,4656,06591.233.42$154,394
Jan 20131,8056,81691.603.42$188,648
Dec 20122,1996,98486.773.42$214,694
Nov 20121,8147,39786.953.62$184,541
Oct 20121,8318,04389.383.40$190,998
Sep 20121,4537,44194.672.92$159,271
Aug 20122,2029,40392.662.91$231,383
Jul 20122,55110,93185.133.02$250,187
Jun 20122,1869,69679.822.52$198,911
May 20123,63810,32391.612.49$358,964
Apr 20122,5559,427101.652.00$278,540
Mar 20121,8589,026105.052.22$215,239
Feb 20121,8708,232101.102.57$210,215
Jan 20122,0279,17698.092.73$223,916
Dec 20112,2259,35496.873.24$245,840
Nov 20112,3509,21695.723.31$255,459
Oct 20112,1889,91084.983.65$222,093
Sep 20112,3629,33783.623.99$234,726
Aug 20112,2019,72983.404.15$223,932
Jul 20112,7359,86094.144.52$302,013
Jun 20112,3449,77392.904.64$263,103
May 20112,54910,33798.134.40$295,666
Apr 20112,74510,276105.964.33$335,389
Mar 20112,75510,39196.364.06$307,632
Feb 20112,9079,04085.644.18$286,743
Jan 20112,91111,78186.504.59$305,862
Dec 20104,02413,35585.734.35$403,042
Nov 20103,73613,73280.843.80$354,136
Oct 20103,93815,75978.103.51$362,854
Sep 20104,26817,26772.633.98$378,698
Aug 20105,29519,14373.684.42$474,735
Jul 20106,43721,98572.554.74$571,136
Jun 20107,13016,58570.364.91$583,106
May 20105,19811,66271.124.24$419,073
Apr 20104,9679,03881.694.12$443,015
Mar 20103,2377,92378.394.39$288,520
Feb 20105,64116,56573.585.44$505,217
Jan 20105,77616,08774.365.96$525,448
Dec 20095,71815,61471.445.48$494,117
Nov 20096,39914,58874.593.75$532,028
Oct 20094,7929,40672.544.11$386,273
Sep 20094,2366,83865.543.06$298,584
Aug 20093,6795,68967.423.22$266,348
Jul 20094,0256,43461.133.46$268,339
Jun 20094,2376,32566.163.90$304,956
May 20094,5016,70754.743.93$272,715
Apr 20094,5637,09746.773.59$238,872
Mar 20096,25510,59742.144.06$306,599
Feb 20096,25310,15432.814.63$252,204
Jan 20098,79313,50035.865.37$387,825
Dec 20088,52511,30337.105.98$383,837
Nov 20087,8889,18955.496.86$500,745
Oct 20089,1939,82875.246.92$759,711
Sep 20087,9907,462101.767.88$871,841
Aug 20089,68111,688114.228.48$1,204,913
Jul 20087,7248,151131.0811.39$1,105,297
Jun 20083,6715,601131.3313.03$555,108
May 20087,6337,437123.1711.57$1,026,235
Apr 200811,35211,140110.3110.45$1,368,706
Mar 20089,3998,362101.909.66$1,038,569
Feb 20081,4782,11092.538.77$155,265
Jan 2008017690.388.21$1,444

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.

May 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas        78 Mcf  × $  3.05 =       $238

────────────────────────────────────────────────────
Month total                                     $238

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/16557 is the state's own key, not one this site invented.