REESE, J. O.

Operated by SOUTHWEST ROYALTIES, INC. (P-5 806470) in the ACKERLY (DEAN SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 60208District 8AField 00448200OilCasinghead gasSaveExport
Value, all time
$2.0 M
Jan 1993 – Nov 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
359
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 350 leases and 843 wells, and the rule below applies to all of them.

Discovered
1954-06-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
900 ft
minimum
From a lease line
550 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2017-01-24.

The Commission's schedule remark for this field reads: RULES.

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
OilDisposition36,348 bbl$1,708,305
Casinghead gasProduction85,864 Mcf$255,322
Total$1,963,627

27,404 Mcf of this lease's gas, across 48 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 (359)

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

359 months

Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201916056.803.06$909
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20181052.934.24$53
Oct 2018173061.443.40$10,629
Sep 2018186059.543.11$11,074
Aug 20180059.403.07$0
Jul 2018178065.142.93$11,595
Jun 2018176060.183.08$10,592
May 201801,28665.382.90$3,730
Apr 2018180063.842.90$11,491
Mar 2018177061.222.79$10,836
Feb 20180061.782.77$0
Jan 2018171062.874.01$10,751
Dec 20170057.272.92$0
Nov 2017170055.423.12$9,421
Oct 2017174049.292.98$8,576
Sep 2017167047.523.09$7,936
Aug 20170045.373.00$0
Jul 2017170043.873.09$7,458
Jun 2017170042.493.09$7,223
May 20170045.373.26$0
Apr 2017177047.933.21$8,484
Mar 2017163046.772.98$7,624
Feb 20170050.452.95$0
Jan 2017181049.413.42$8,943
Dec 20160048.763.72$0
Nov 2016174042.492.64$7,393
Oct 20160046.193.09$0
Sep 2016191041.553.10$7,936
Aug 2016172041.442.92$7,128
Jul 20160041.622.92$0
Jun 2016162045.352.69$7,347
May 20160042.521.99$0
Apr 2016178036.561.99$6,508
Mar 2016173033.011.79$5,711
Feb 20160026.472.06$0
Jan 2016169027.352.36$4,622
Dec 2015171032.362.00$5,534
Nov 20150038.792.17$0
Oct 2015166043.552.43$7,229
Sep 2015172042.992.76$7,394
Aug 2015160040.162.87$6,426
Jul 20150048.152.95$0
Jun 2015161056.152.88$9,040
May 2015168055.212.96$9,275
Apr 2015161049.822.71$8,021
Mar 2015171042.892.93$7,334
Feb 20150044.662.98$0
Jan 2015163043.433.10$7,079
Dec 20140054.693.59$0
Nov 2014187070.464.25$13,176
Oct 20140078.303.90$0
Sep 2014179086.164.05$15,423
Aug 2014172089.394.04$15,375
Jul 2014164096.564.18$15,836
Jun 20140098.164.74$0
May 2014194094.734.73$18,378
Apr 2014174095.944.81$16,694
Mar 20140095.895.06$0
Feb 2014168097.406.19$16,363
Jan 2014360090.404.86$32,544
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013165097.423.78$16,074
Sep 20131780104.113.72$18,532
Aug 20131680104.253.52$17,514
Jul 201300102.523.72$0
Jun 2013150094.403.93$14,160
May 2013342094.834.15$32,432
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013186091.233.42$16,969
Jan 2013173091.603.42$15,847
Dec 2012171086.773.42$14,838
Nov 2012176086.953.62$15,303
Oct 2012169089.383.40$15,105
Sep 20120094.672.92$0
Aug 2012171092.662.91$15,845
Jul 20120085.133.02$0
Jun 2012167079.822.52$13,330
May 20120091.612.49$0
Apr 20125060101.652.00$51,435
Mar 201200105.052.22$0
Feb 20121660101.102.57$16,783
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011334095.723.31$31,970
Oct 2011169084.983.65$14,362
Sep 2011331083.623.99$27,678
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 2011164207105.964.33$18,274
Mar 2011051396.364.06$2,081
Feb 201116446785.644.18$15,997
Jan 201116050886.504.59$16,171
Dec 201037952785.734.35$34,783
Nov 2010055280.843.80$2,095
Oct 201033860778.103.51$28,528
Sep 201017857572.633.98$15,216
Aug 201016740973.684.42$14,112
Jul 2010027272.554.74$1,288
Jun 20101718770.364.91$12,459
May 201006671.124.24$280
Apr 20101717581.694.12$14,278
Mar 20101674878.394.39$13,302
Feb 2010015173.585.44$822
Jan 201017910974.365.96$13,961
Dec 200917311471.445.48$12,984
Nov 2009019174.593.75$717
Oct 200916614472.544.11$12,634
Sep 2009012765.543.06$389
Aug 20091739667.423.22$11,973
Jul 200904961.133.46$170
Jun 200916714966.163.90$11,629
May 20091779854.743.93$10,074
Apr 200907446.773.59$265
Mar 20091673242.144.06$7,167
Feb 20091635632.814.63$5,607
Jan 200905535.865.37$295
Dec 2008166037.105.98$6,159
Nov 20080055.496.86$0
Oct 200817715175.246.92$14,363
Sep 2008174198101.767.88$19,266
Aug 2008092114.228.48$780
Jul 200834275131.0811.39$45,684
Jun 20080143131.3313.03$1,864
May 2008166157123.1711.57$22,263
Apr 20080131110.3110.45$1,370
Mar 2008092101.909.66$889
Feb 200806992.538.77$605
Jan 200816810390.388.21$16,029
Dec 200717211788.337.30$16,047
Nov 20070091.677.29$0
Oct 200716815582.856.92$14,992
Sep 200716719175.846.24$13,858
Aug 200717725069.066.39$13,821
Jul 2007026070.906.39$1,661
Jun 2007177062.007.55$10,974
May 2007018158.747.85$1,420
Apr 200716428759.617.81$12,016
Mar 200718635156.927.30$13,150
Feb 2007019555.108.22$1,602
Jan 2007021050.306.73$1,413
Dec 200618120956.656.92$11,700
Nov 200617919954.207.62$11,218
Oct 2006019654.906.01$1,179
Sep 200604560.085.04$227
Aug 200617411868.717.34$12,822
Jul 2006023069.376.34$1,459
Jun 200617330466.286.38$13,407
May 2006036366.016.42$2,332
Apr 200616033664.397.36$12,776
Mar 200617429956.707.08$11,984
Feb 2006025157.597.75$1,946
Jan 200616629160.598.93$12,658
Dec 2005021654.9413.42$2,898
Nov 200518220454.6910.59$12,114
Oct 200517923958.3413.80$13,740
Sep 200501661.4512.08$193
Aug 2005012661.519.80$1,234
Jul 200517926655.697.84$12,055
Jun 200518225952.337.38$11,436
May 2005028445.226.65$1,889
Apr 200517630349.207.36$10,889
Mar 2005038250.377.15$2,733
Feb 200516937345.226.31$9,997
Jan 2005036643.166.32$2,314
Dec 200415844139.866.75$9,275
Nov 200418237645.286.33$10,621
Oct 2004039449.706.52$2,567
Sep 200418038543.245.28$9,818
Aug 200417930742.375.55$9,288
Jul 2004038538.286.08$2,342
Jun 200417927936.106.43$8,257
May 2004013437.486.49$870
Apr 200417934034.475.86$8,162
Mar 2004036034.365.53$1,991
Feb 200418134532.455.51$7,774
Jan 2004034732.036.30$2,186
Dec 200318537330.266.30$7,949
Nov 2003027328.804.60$1,254
Oct 200316732428.174.76$6,247
Sep 200318135926.314.75$6,467
Aug 2003034829.765.13$1,785
Jul 200317930129.415.17$6,821
Jun 2003033328.565.98$1,992
May 200317128126.595.97$6,225
Apr 200318031926.675.41$6,526
Mar 2003035031.146.10$2,134
Feb 200318326833.487.93$8,251
Jan 200318133430.315.58$7,351
Dec 2002029926.914.85$1,451
Nov 200218029124.664.14$5,643
Oct 2002035726.464.23$1,510
Sep 200215936027.443.64$5,672
Aug 200218137025.963.16$5,870
Jul 2002037924.583.06$1,160
Jun 200217828523.733.34$5,175
May 2002033424.663.58$1,197
Apr 200218132523.653.51$5,422
Mar 2002024522.003.10$760
Feb 200217717318.222.38$3,636
Jan 2002016717.172.38$397
Dec 200117736816.932.36$3,867
Nov 2001017918.072.41$431
Oct 200117127119.782.53$4,068
Sep 200117739224.262.25$5,177
Aug 2001037124.873.05$1,133
Jul 200117540123.933.20$5,470
Jun 200117939324.563.82$5,899
May 2001042925.524.31$1,848
Apr 200117637024.685.34$6,318
Mar 200118153624.545.38$7,324
Feb 2001049827.755.77$2,872
Jan 200118154427.478.40$9,541
Dec 200018650626.889.12$9,616
Nov 200018153532.215.66$8,857
Oct 2000054131.235.15$2,784
Sep 200018049031.875.19$8,278
Aug 200017955829.644.54$7,839
Jul 2000041028.534.09$1,677
Jun 200018356629.304.40$7,851
May 200018151227.263.68$6,818
Apr 2000050124.513.12$1,561
Mar 200017958128.422.86$6,749
Feb 200018456627.622.73$6,625
Jan 200018754525.272.48$6,077
Dec 1999034424.282.42$834
Nov 199918244623.192.43$5,306
Oct 1999052620.982.80$1,475
Sep 199917449421.752.62$5,078
Aug 199917655119.262.88$4,974
Jul 199918255717.892.37$4,577
Jun 1999021815.942.36$515
May 199918156015.792.32$4,158
Apr 1999054415.102.21$1,201
Mar 199918057012.471.84$3,292
Feb 19991834969.981.82$2,728
Jan 1999034510.381.90$655
Dec 19981774949.201.77$2,504
Nov 199817452910.892.19$3,051
Oct 1998056112.421.97$1,105
Sep 199816056712.592.08$3,195
Aug 199817860111.301.91$3,158
Jul 199817756611.742.24$3,344
Jun 1998141111.242.24$931
May 199818451812.622.21$3,465
Apr 1998043613.042.51$1,092
Mar 199818735212.802.31$3,207
Feb 199818050813.952.30$3,679
Jan 1998054414.702.15$1,172
Dec 199718156616.322.41$4,319
Nov 199718556118.193.09$5,098
Oct 1997059319.253.15$1,868
Sep 199716461417.742.95$4,724
Aug 199718363217.862.55$4,883
Jul 199718363217.582.25$4,637
Jun 1997060817.242.26$1,372
May 199716862418.972.31$4,627
Apr 199718758917.882.08$4,570
Mar 199718261518.951.94$4,641
Feb 199718355620.492.21$4,976
Jan 1997060123.483.54$2,127
Dec 199617059523.32$3,964
Nov 199617759021.97$3,889
Oct 199618563723.31$4,312
Sep 199617162522.22$3,800
Aug 1996062620.26$0
Jul 199617463219.55$3,402
Jun 199618762518.73$3,503
May 1996056319.43$0
Apr 199617561321.51$3,764
Mar 199618549619.38$3,585
Feb 1996057716.98$0
Jan 199616950217.07$2,885
Dec 199518253417.19$3,129
Nov 199519050516.00$3,040
Oct 199518562015.43$2,855
Sep 1995065116.18$0
Aug 199517541515.92$2,786
Jul 199516960215.24$2,576
Jun 199518239116.41$2,987
May 1995146417.56$18
Apr 199517230617.73$3,050
Mar 199510071216.44$1,644
Feb 199517657616.58$2,918
Jan 199518078815.92$2,866
Dec 1994040915.03$0
Nov 199417634715.90$2,798
Oct 199418542015.58$2,882
Sep 1994040815.29$0
Aug 199417251816.13$2,774
Jul 199417966517.56$3,143
Jun 199418563817.09$3,162
May 1994065315.88$0
Apr 199436363314.14$5,133
Mar 1994057912.46$0
Feb 1994040512.50$0
Jan 199418947712.66$2,393
Dec 199317748912.33$2,182
Nov 1993135514.49$14
Oct 199318079415.85$2,853
Sep 199317872315.03$2,675
Aug 1993077315.66$0
Jul 199318074115.46$2,783
Jun 199316771416.79$2,804
May 199315869417.68$2,793
Apr 199318164918.05$3,267
Mar 199317852718.14$3,229
Feb 199318058217.90$3,222
Jan 199318056616.93$3,047

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 2019 — as filed, then multipliedworked
Oil                   16 bbl  × $ 56.80 =       $909
Casinghead gas         0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                     $909

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. 8A/O/60208 is the state's own key, not one this site invented.