REAGAN CORE 110E

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) 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 21412District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$44.1 M
May 2021 – May 2026
Value, last 12 filed months
$3.0 M
at the published price for each month
Months reported
61
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
OilDisposition491,188 bbl$38,786,048
Casinghead gasProduction1,396,972 Mcf$5,325,060
Total$44,111,107

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 31.4343, -101.5852. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43427, -101.58517 · 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
8,441 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 8,441 ft.

Completions filed
Apr 2021
1 of 1 wells

1 well

42-383409161H8,441 ftApr 2021

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 (61)

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

61 months

May 20264,0910106.413.05$435,323
Apr 20263,712098.932.87$367,228
Mar 20261,272089.753.15$114,162
Feb 20263,636063.503.75$230,886
Jan 20265,094059.138.00$301,208
Dec 202517056.664.41$963
Nov 20251,7243,91158.593.93$116,365
Oct 20251,8426,53859.383.30$130,985
Sep 20253,87115,71162.743.08$291,208
Aug 20254,08013,84963.933.01$302,586
Jul 20254,73912,20366.743.32$356,736
Jun 20254,9519,18866.483.13$357,889
May 20257,8386,15160.553.23$494,473
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20257485,06070.884.34$74,983
Jan 20254,42933,88674.324.28$474,151
Dec 20244,42235,52968.993.12$415,973
Nov 20244,13734,76469.052.20$362,086
Oct 20244,39335,84871.372.28$395,312
Sep 20244,15732,39369.612.36$365,957
Aug 20244,17033,34375.632.06$384,185
Jul 20245,98234,61479.932.15$552,443
Jun 20244,53734,31278.082.63$444,626
May 20245,13933,99378.812.20$479,736
Apr 20245,25833,81384.451.66$500,141
Mar 20245,64237,87080.301.55$511,567
Feb 20245,25834,10576.091.78$460,912
Jan 20245,99029,61373.023.30$535,043
Dec 20235,58332,03571.262.61$481,479
Nov 20235,81633,79477.892.81$547,887
Oct 20236,48032,33785.443.09$653,485
Sep 20235,97231,76889.042.74$618,634
Aug 20236,23535,36880.522.67$596,577
Jul 20237,38438,00074.852.64$653,081
Jun 20237,93130,41168.962.26$615,604
May 20236,75329,54470.622.23$542,703
Apr 202311,67825,78478.122.24$969,984
Mar 20231,7282,18172.852.39$131,104
Feb 20236,69217,42175.112.47$545,591
Jan 20239,16517,68376.533.39$761,303
Dec 20224,36413,72076.415.73$412,056
Nov 20229,02630,01885.005.65$936,698
Oct 202210,16330,99387.185.86$1,067,746
Sep 20229,08123,69384.888.16$964,217
Aug 202212,44223,28894.529.13$1,388,571
Jul 20225,11920,745101.587.54$676,448
Jun 202212,84936,978115.097.98$1,773,772
May 202210,08527,224109.378.43$1,332,578
Apr 202212,16433,102104.226.84$1,494,070
Mar 202214,68137,189108.885.08$1,787,254
Feb 202213,78835,08491.054.86$1,425,865
Jan 202217,49240,99181.844.54$1,617,549
Dec 202123,30940,84171.323.90$1,821,642
Nov 202113,83513,68677.435.24$1,142,916
Oct 202113,44619,99179.795.71$1,187,082
Sep 202122,46429,31269.865.35$1,726,181
Aug 202124,73527,75666.024.22$1,750,151
Jul 202128,73129,71970.783.98$2,151,924
Jun 202126,10624,97169.493.38$1,898,523
May 202114,76214,65163.483.02$981,304

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                4,091 bbl  × $106.41 =   $435,323
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                 $435,323

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/21412 is the state's own key, not one this site invented.