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Texas oil lease

Producing

REED

Reed is an oil lease in La Salle County, Texas, operated by Verdun Oil & Gas LLC in the Eagleville (Eagle Ford-1) field.

8 wells

10,652bbl oil, last 12 months−9% vs prior year
RRC lease
01-16323

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Where it sits

This county

La Salle CountyLa SalleZavalaAtascosaMcMullenDimmitFrioLa Salle County
La Salle County
Gas, last 12 months
60,735 mcf
Oil in Jul 2026
1,646 bbl

Production by month

Oil output fell 9% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for REED, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 10,652 bbl in the 12 months through Jul 2026, against 11,642 bbl in the 12 months before.Last 12 months: 10,652 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for REED, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 10,652 bbl in the 12 months through Jul 2026, against 11,642 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Oct 2025 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 11.6% of the gas in May 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Oct 2025 the lease's gas goes to a transmission line instead of lease fuelShare of REED gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2025 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 11.6% of the gas in May 2026.Share of the lease’s gas by disposition code, per month0%50%100%Oct 2025: fuel to lineFlared 11.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Oct 2025 the lease's gas goes to a transmission line instead of lease fuelShare of REED gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2025 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 11.6% of the gas in May 2026.Share of gas by disposition code0%50%100%Oct 25: fuel to lineFlared 11.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    77% · 46,583 mcf

  • Lease fuel (1)

    22% · 13,303 mcf

  • Flared (4)

    1.4% · 849 mcf

1.4% of the gas flared in the last 12 months. 3 months above 3%.

Who has run this lease

The operator changed once, most recently in Jun 2024

Operators of this lease over timeRepsol Oil & Gas USA, LLC, Jan 2020 to May 2024; Verdun Oil & Gas LLC, Jun 2024 to Jul 20262020202120222023202420252026Changed Jun 2024Repsol Oil & Gas USA, LLCJan 2020 to May 2024Verdun Oil & Gas LLCJun 2024 to now
Operators of this lease over timeRepsol Oil & Gas USA, LLC, Jan 2020 to May 2024; Verdun Oil & Gas LLC, Jun 2024 to Jul 20262020202120222023202420252026Changed Jun 2024Repsol Oil & Gas USA, LLCJan 2020 to May 2024Verdun Oil & Gas LLCJun 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

8 wells on this lease

Wells on REED
API numberWell no.Status
42-283-33129A 1HActive
42-283-33191A 4HActive
42-283-33192B 2HActive
42-283-33193B 4HActive
42-283-33635B 1HActive
42-283-33734B 3HActive
42-283-33845A 2HActive
42-283-33849A 3HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Repsol Oil & Gas Usa, LLCOilGathers100Jun 1, 2024–
Repsol Oil & Gas Usa, LLCCasinghead gasBuys100Jun 1, 2024–
Repsol Oil & Gas Usa, LLCCasinghead gasGathers100Jun 1, 2024–
Energy Transfer CompanyCasinghead gasGathers100Jan 7, 2024Jun 1, 2024
Energy Transfer CompanyCasinghead gasBuys100Jan 7, 2024Jun 1, 2024
Plains Marketing, L.p.OilGathers100Jan 7, 2024Jun 1, 2024
Repsol Oil & Gas Usa, LLCCasinghead gasGathers100Dec 6, 2019Jan 7, 2024
Repsol Oil & Gas Usa, LLCCasinghead gasBuys100Dec 6, 2019Jan 7, 2024
Repsol Oil & Gas Usa, LLCOilGathers100Dec 6, 2019Jan 7, 2024

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

633.36 acres on the newest permit

8 wells are listed on this lease

Permits for Reed
API numberWell no.Acreson the permit
42-283-33849A 3H633.36
42-283-33845A 2H633.36
42-283-33734B 3H634.68
42-283-33635B 1H634.68
42-283-33193B 4H633.36
42-283-33191A 4H633.36
42-283-33192B 2H633.36
42-283-33129A 1H633.36

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for REED
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Verdun Oil1,6461,6907,0566,69198$80.46$2.89
Jun 2026Verdun Oil1,6421,34710,2299,81329$84.81$3.15
May 2026Verdun Oil3936422,3792,022277$102.13$2.94
Apr 2026Verdun Oil1,0238521,01589389$100.32$2.77
Mar 2026Verdun Oil1,0119545,2134,695356$91.38$3.04
Feb 2026Verdun Oil8777672,0481,4270$64.51$3.62
Jan 2026Verdun Oil7337413,5853,0430$60.04$7.72
Dec 2025Verdun Oil3713555,5855,3330$57.97$4.26
Nov 2025Verdun Oil58755010,2209,4520$60.06$3.79
Oct 2025Verdun Oil1031,3134522300$60.89$3.19
Sep 2025Verdun Oil8811,2644,6112,1430$63.96$2.97
Aug 2025Verdun Oil1,3851,2228,3428410$64.86$2.91
Jul 2025Verdun Oil1,3101,2006,8732,55140$68.39$3.20
Jun 2025Verdun Oil1,7581,3527,8633,49114$68.17$3.02
May 2025Verdun Oil8605696,0554,08515$62.17$3.12
Apr 2025Verdun Oil00000$63.54$3.42
Mar 2025Verdun Oil32502,81340210$68.24$4.12
Feb 2025Verdun Oil8638817,813017$71.53$4.19
Jan 2025Verdun Oil67265710,2461,91640$75.74$4.13
Dec 2024Verdun Oil6967336,9271,61267$70.12$3.01
Nov 2024Verdun Oil9579057,55676452$69.95$2.12
Oct 2024Verdun Oil1,1991,4469,7971,75033$71.99$2.20
Sep 2024Verdun Oil1,0941,1168,7981,48156$70.24$2.28
Aug 2024Verdun Oil1,9081,9959,6132,13754$76.68$1.99
Jul 2024Verdun Oil1,1519839,0891,60264$81.80$2.07
Jun 2024Verdun Oil1,5961,58316,6509,18290$79.77$2.54
May 2024Repsol Oil1,4521,3084,26540$80.02$2.12
Apr 2024Repsol Oil1,3691,60410,4836,143178$85.35$1.60
Mar 2024Repsol Oil1,6251,40010,9966,032176$81.28$1.49
Feb 2024Repsol Oil1,2431,24314,4689,674284$77.25$1.72
Jan 2024Repsol Oil7931,0286,9853,514111$74.15$3.18
Dec 2023Repsol Oil1,4151,1018,8434,942148$71.90$2.52
Nov 2023Repsol Oil4967023,42810$77.69$2.71
Oct 2023Repsol Oil7969313,63320$85.64$2.98
Sep 2023Repsol Oil1,0679547,6403,08269$89.43$2.64
Aug 2023Repsol Oil1,1941,3885,6502,34449$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Verdun Oil & Gas LLC in La Salle County

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Eagleville (Eagle Ford-1) field

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