REEVES

Name: REEVES lease production and value, Aug 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by YUCCA ENERGY, INC. (P-5 950335) in the REEVES (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68710District 8AField 75552500Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$10.0 M

Aug 2004 – Apr 2015

Value, last 12 filed months

$286 k

at the published price for each month

Months reported

129

no gaps in the span

Streams

oil, casinghead gas

The REEVES (SAN ANDRES) field

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 38 leases and 375 wells, and the rule below applies to all of them.

Discovered

1957-03-30

as the register files it

Field class

Oil

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2003-02-05.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “SWR 86 IN EFFECT FOR HORIZONTAL LATERALS.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	108,710 bbl	$7,773,979
Casinghead gas	Production	334,756 Mcf	$2,247,348
Total			$10,021,328

Wells on this lease (5)

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 33.0260, -102.6588. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

33.02683, -102.65802 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

20.0%

1 of 5 wells

With a plug date

40.0%

2 of 5 wells

Median depth

5,666 ft

5 wells filed one

Completion to plug

13 months

median over 1 well

What the state filed about each well

On the RRC proration schedule

120.0%

A plug date is filed

240.0%

BothOn the schedule and plugged. Neither fact cancels the other.

120.0%

NeitherNo plug date, and not on the schedule.

360.0%

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

Between 5,665 and 13,299 ft, median 5,666 ft, over the 5 wells that filed a depth.

Completions filed

Aug 2004 – Mar 2017

5 of 5 wells

Plug dates filed

Mar 1996 – Mar 2018

2 of 5 wells; 3 filed none

Last completion to plug: a median of 13 months across the 1 well that filed both dates, with the middle half between 13 months and 13 months. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

5 wells


42-50134042	1WI	6,800 ft	Mar 2017	Mar 1996	—
42-50132152	5WI	13,299 ft	Feb 2017	Mar 2018	Yes
42-50135037	3	5,665 ft	Apr 2015	—	—
42-50135199	4	5,666 ft	Oct 2005	—	—
42-50134967	2	5,665 ft	Aug 2004	—	—

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 (129)

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

129 months


Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	535	1,121	54.69	3.59	$33,285
Nov 2014	480	887	70.46	4.25	$37,592
Oct 2014	334	912	78.30	3.90	$29,710
Sep 2014	334	974	86.16	4.05	$32,718
Aug 2014	498	1,028	89.39	4.04	$48,664
Jul 2014	502	919	96.56	4.18	$52,314
Jun 2014	164	347	98.16	4.74	$17,742
May 2014	324	745	94.73	4.73	$34,214
Apr 2014	342	1,040	95.94	4.81	$37,813
Mar 2014	311	1,162	95.89	5.06	$35,698
Feb 2014	341	852	97.40	6.19	$38,489
Jan 2014	336	1,124	90.40	4.86	$35,838
Dec 2013	520	1,281	91.82	4.35	$53,324
Nov 2013	175	1,334	88.85	3.74	$20,536
Oct 2013	522	210	97.42	3.78	$51,647
Sep 2013	517	478	104.11	3.72	$55,602
Aug 2013	503	1,001	104.25	3.52	$55,964
Jul 2013	349	131	102.52	3.72	$36,267
Jun 2013	696	624	94.40	3.93	$68,157
May 2013	351	514	94.83	4.15	$35,418
Apr 2013	346	588	93.96	4.28	$35,028
Mar 2013	520	646	93.62	3.91	$51,210
Feb 2013	343	952	91.23	3.42	$34,548
Jan 2013	338	1,200	91.60	3.42	$35,065
Dec 2012	677	1,508	86.77	3.42	$63,901
Nov 2012	354	1,371	86.95	3.62	$35,750
Oct 2012	506	933	89.38	3.40	$48,398
Sep 2012	529	634	94.67	2.92	$51,931
Aug 2012	519	1,039	92.66	2.91	$51,112
Jul 2012	334	1,363	85.13	3.02	$32,551
Jun 2012	514	1,179	79.82	2.52	$43,997
May 2012	692	15	91.61	2.49	$63,431
Apr 2012	505	408	101.65	2.00	$52,148
Mar 2012	527	1,493	105.05	2.22	$58,679
Feb 2012	508	984	101.10	2.57	$53,888
Jan 2012	494	1,351	98.09	2.73	$52,150
Dec 2011	652	1,150	96.87	3.24	$66,885
Nov 2011	527	633	95.72	3.31	$52,540
Oct 2011	518	1,570	84.98	3.65	$49,748
Sep 2011	526	1,672	83.62	3.99	$50,648
Aug 2011	525	1,946	83.40	4.15	$51,860
Jul 2011	697	1,949	94.14	4.52	$74,420
Jun 2011	519	1,527	92.90	4.64	$55,300
May 2011	523	1,900	98.13	4.40	$59,691
Apr 2011	522	1,446	105.96	4.33	$61,577
Mar 2011	517	1,644	96.36	4.06	$56,488
Feb 2011	349	1,557	85.64	4.18	$36,397
Jan 2011	519	1,767	86.50	4.59	$53,002
Dec 2010	523	1,858	85.73	4.35	$52,915
Nov 2010	508	1,674	80.84	3.80	$47,420
Oct 2010	342	1,572	78.10	3.51	$32,226
Sep 2010	347	1,720	72.63	3.98	$32,047
Aug 2010	701	2,260	73.68	4.42	$61,637
Jul 2010	351	2,395	72.55	4.74	$36,809
Jun 2010	695	2,457	70.36	4.91	$60,965
May 2010	523	2,633	71.12	4.24	$48,347
Apr 2010	512	2,713	81.69	4.12	$53,010
Mar 2010	707	2,987	78.39	4.39	$68,531
Feb 2010	516	1,891	73.58	5.44	$48,259
Jan 2010	522	1,882	74.36	5.96	$50,040
Dec 2009	693	2,525	71.44	5.48	$63,354
Nov 2009	520	2,887	74.59	3.75	$49,617
Oct 2009	700	851	72.54	4.11	$54,276
Sep 2009	519	2,843	65.54	3.06	$42,728
Aug 2009	687	3,553	67.42	3.22	$57,753
Jul 2009	864	3,989	61.13	3.46	$66,636
Jun 2009	695	3,967	66.16	3.90	$61,433
May 2009	873	4,404	54.74	3.93	$65,077
Apr 2009	882	3,446	46.77	3.59	$53,614
Mar 2009	694	3,415	42.14	4.06	$43,107
Feb 2009	864	2,998	32.81	4.63	$42,238
Jan 2009	863	3,644	35.86	5.37	$50,519
Dec 2008	867	4,281	37.10	5.98	$57,754
Nov 2008	1,035	4,685	55.49	6.86	$89,573
Oct 2008	708	3,168	75.24	6.92	$75,199
Sep 2008	1,035	3,680	101.76	7.88	$134,309
Aug 2008	1,072	4,807	114.22	8.48	$163,222
Jul 2008	1,041	3,462	131.08	11.39	$175,884
Jun 2008	881	2,467	131.33	13.03	$147,853
May 2008	880	4,634	123.17	11.57	$162,025
Apr 2008	1,221	4,949	110.31	10.45	$186,430
Mar 2008	1,212	5,369	101.90	9.66	$175,389
Feb 2008	1,384	5,149	92.53	8.77	$173,221
Jan 2008	1,193	6,349	90.38	8.21	$159,922
Dec 2007	1,881	8,738	88.33	7.30	$229,953
Nov 2007	1,383	8,269	91.67	7.29	$187,075
Oct 2007	1,893	7,996	82.85	6.92	$212,183
Sep 2007	1,930	7,346	75.84	6.24	$192,241
Aug 2007	2,412	7,861	69.06	6.39	$216,788
Jul 2007	2,425	5,218	70.90	6.39	$205,265
Jun 2007	1,414	4,463	62.00	7.55	$121,357
May 2007	1,573	4,445	58.74	7.85	$127,275
Apr 2007	870	2,358	59.61	7.81	$70,265
Mar 2007	1,204	3,842	56.92	7.30	$96,586
Feb 2007	1,398	3,499	55.10	8.22	$105,778
Jan 2007	859	3,551	50.30	6.73	$67,095
Dec 2006	1,025	3,957	56.65	6.92	$85,443
Nov 2006	1,216	4,350	54.20	7.62	$99,043
Oct 2006	1,578	3,356	54.90	6.01	$106,815
Sep 2006	1,194	3,900	60.08	5.04	$91,381
Aug 2006	1,570	3,527	68.71	7.34	$133,763
Jul 2006	1,589	4,909	69.37	6.34	$141,366
Jun 2006	1,754	4,279	66.28	6.38	$143,572
May 2006	1,228	4,622	66.01	6.42	$110,757
Apr 2006	1,036	3,717	64.39	7.36	$94,067
Mar 2006	872	3,420	56.70	7.08	$73,666
Feb 2006	1,393	4,048	57.59	7.75	$111,599
Jan 2006	663	4,827	60.59	8.93	$83,292
Dec 2005	1,717	7,887	54.94	13.42	$200,139
Nov 2005	1,887	11,085	54.69	10.59	$220,572
Oct 2005	1,374	4,820	58.34	13.80	$146,655
Sep 2005	1,808	1,783	61.45	12.08	$132,638
Aug 2005	1,639	2,781	61.51	9.80	$128,060
Jul 2005	1,639	2,352	55.69	7.84	$109,724
Jun 2005	1,814	2,962	52.33	7.38	$116,789
May 2005	2,313	3,393	45.22	6.65	$127,161
Apr 2005	1,325	1,475	49.20	7.36	$76,047
Mar 2005	1,653	2,664	50.37	7.15	$102,322
Feb 2005	1,531	2,518	45.22	6.31	$85,125
Jan 2005	2,122	2,844	43.16	6.32	$109,566
Dec 2004	2,430	2,026	39.86	6.75	$110,537
Nov 2004	348	547	45.28	6.33	$19,220
Oct 2004	351	428	49.70	6.52	$20,233
Sep 2004	535	10	43.24	5.28	$23,186
Aug 2004	0	10	42.37	5.55	$56

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.

Dec 2014 — as filed, then multipliedworked

Oil                  535 bbl  × $ 54.69 =    $29,259
Casinghead gas     1,121 Mcf  × $  3.59 =     $4,026

────────────────────────────────────────────────────
Month total                                  $33,285

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/68710 is the state's own key, not one this site invented.