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Texas oil lease

Producing

GARRETT-REED UNIT 37-48

Garrett-Reed Unit 37-48 is an oil lease in Howard County, Texas, operated by Spirit O&G Operating, LLC in the Spraberry (Trend Area) field.

10 wells

131,551bbl oil, last 12 months−32% vs prior year
RRC lease
08-45613

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
751,371 mcf
Oil in Jul 2026
10,565 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ETC GAS PROCESSING, LLC replaced WTG GAS PROCESSING, L.P. as the buyer of this lease's gas from oil wells on Oct 1, 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 32% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for GARRETT-REED UNIT 37-48, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 131,551 bbl in the 12 months through Jul 2026, against 192,340 bbl in the 12 months before.Last 12 months: 131,551 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for GARRETT-REED UNIT 37-48, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 131,551 bbl in the 12 months through Jul 2026, against 192,340 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
99% of the gas went to a processing plant in the last 12 monthsShare of GARRETT-REED UNIT 37-48 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of GARRETT-REED UNIT 37-48 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 745,224 mcf

  • Lease fuel (1)

    0.8% · 6,147 mcf

Who has run this lease

The operator changed once, most recently in Nov 2021

Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Oct 2021; Spirit O&G Operating, LLC, Nov 2021 to Jul 20262020202120222023202420252026Changed Nov 2021Callon Petroleum Operating CoJan 2020 to Oct 2021Spirit O&G Operating, LLCNov 2021 to now
Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Oct 2021; Spirit O&G Operating, LLC, Nov 2021 to Jul 20262020202120222023202420252026Changed Nov 2021Callon Petroleum Operating CoJan 2020 to Oct 2021Spirit O&G Operating, LLCNov 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

10 wells on this lease

Wells on GARRETT-REED UNIT 37-48
API numberWell no.Status
42-227-377224HActive
42-227-388088AHActive
42-227-388669SHActive
42-227-390021AHActive
42-227-3900310SHActive
42-227-3949422HActive
42-227-419742AHActive
42-227-4197511SHActive
42-227-4230126DHActive
42-227-4230227DHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers80Nov 1, 2021–
Rio Energy International, Inc.OilGathers20Oct 1, 2025–
Etc Gas Processing, LLCCasinghead gasBuys100Oct 1, 2025–
Energy Transfer CompanyCasinghead gasGathers100Oct 1, 2025–
Wtg Gas Processing, L.p.Casinghead gasGathers100Apr 30, 2014Oct 1, 2025
Wtg Gas Processing, L.p.Casinghead gasBuys100Apr 30, 2014Oct 1, 2025
Dorado Oil CompanyOilGathers10Nov 1, 2021Oct 1, 2025
Rio Energy International, Inc.OilGathers10Nov 1, 2021Oct 1, 2025
Dorado Oil CompanyOilGathers5Feb 21, 2017Nov 1, 2021
Medallion Operating Company, LLCOilGathers90Jan 1, 2019Nov 1, 2021

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

475.15 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Good to know

    The wells on this lease state different acreage

    The permits state between 396.3 and 475.24 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    10 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Garrett-Reed Unit 37-48
API numberWell no.Acreson the permit
42-227-4230126DH475.15
42-227-4230227DH475.15
42-227-419742AH475.15
42-227-4197511SH475.15
42-227-3949422H475.15
42-227-390021AH475.15
42-227-3900310SH475.15
42-227-388669SH475.15
42-227-388088AH475.24
42-227-377224H396.30

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for GARRETT-REED UNIT 37-48
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Spirit O&G10,56510,71676,01975,4740$80.46$2.89
Jun 2026Spirit O&G10,48610,44966,86266,3110$84.81$3.15
May 2026Spirit O&G10,97511,04778,58678,0140$102.13$2.94
Apr 2026Spirit O&G11,59711,61960,66960,1600$100.32$2.77
Mar 2026Spirit O&G10,19910,18358,88558,3670$91.38$3.04
Feb 2026Spirit O&G9,6189,83658,78558,2490$64.51$3.62
Jan 2026Spirit O&G11,28011,53062,87862,3710$60.04$7.72
Dec 2025Spirit O&G10,37610,84755,87755,3700$57.97$4.26
Nov 2025Spirit O&G10,44010,77656,99356,5010$60.06$3.79
Oct 2025Spirit O&G12,23612,26860,97060,4830$60.89$3.19
Sep 2025Spirit O&G11,47811,47856,34155,8880$63.96$2.97
Aug 2025Spirit O&G12,30112,34358,50658,0360$64.86$2.91
Jul 2025Spirit O&G13,45813,35760,22759,7490$68.39$3.20
Jun 2025Spirit O&G13,65813,53158,69258,2310$68.17$3.02
May 2025Spirit O&G13,15413,16856,68456,2160$62.17$3.12
Apr 2025Spirit O&G12,76812,90354,08353,6350$63.54$3.42
Mar 2025Spirit O&G14,23414,31751,91251,4160$68.24$4.12
Feb 2025Spirit O&G13,67813,53947,91047,3980$71.53$4.19
Jan 2025Spirit O&G13,48813,33359,00758,4560$75.74$4.13
Dec 2024Spirit O&G16,74216,72969,25468,7190$70.12$3.01
Nov 2024Spirit O&G18,74018,57969,61869,0880$69.95$2.12
Oct 2024Spirit O&G16,40316,52125,44124,9660$71.99$2.20
Sep 2024Spirit O&G20,46920,47864,18163,6480$70.24$2.28
Aug 2024Spirit O&G25,54825,82575,04674,4840$76.68$1.99
Jul 2024Spirit O&G25,82725,94265,90765,3430$81.80$2.07
Jun 2024Spirit O&G29,02229,14761,89361,3680$79.77$2.54
May 2024Spirit O&G35,41234,92551,04250,5430$80.02$2.12
Apr 2024Spirit O&G42,59342,25453,36852,8920$85.35$1.60
Mar 2024Spirit O&G11,46612,2309,3058,9220$81.28$1.49
Feb 2024Spirit O&G1,0481,0931,2837770$77.25$1.72
Jan 2024Spirit O&G13,44013,54440,12539,5240$74.15$3.18
Dec 2023Spirit O&G17,01717,17555,24154,5930$71.90$2.52
Nov 2023Spirit O&G20,93420,03748,31047,6690$77.69$2.71
Oct 2023Spirit O&G21,87821,93955,17154,5270$85.64$2.98
Sep 2023Spirit O&G22,98322,87161,50260,8360$89.43$2.64
Aug 2023Spirit O&G23,44223,51753,93553,2900$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Spraberry (Trend Area) field

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