Texas oil lease

No report in 6+ months

REED 1

Name: REED 1 monthly oil and gas production, Midland County, Texas
Creator: Texas Railroad Commission

Reed 1 is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

0bbl oil, since Jan 2020

Operator: Diamondback E&P LLC
County: Midland County
Field: Spraberry (Trend Area)
RRC lease: 08-41789

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Where it sits

This county

Midland County

Oil in May 2020: 0 bbl
Reporting since: Jan 2020

Production by month

No production to chart

The state shows zero oil and zero gas for all 5 months we hold (Jan 2020 to May 2020). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

1 well on this lease

Wells on REED 1
API number	Well no.	Status
42-227-36656	2	Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From
Rio Energy International, Inc.	Oil	Gathers	100	Nov 1, 2015
Dcp Operating Company, LP	Casinghead gas	Buys	100	Apr 1, 2017
Dcp Operating Company, LP	Casinghead gas	Gathers	100	Apr 1, 2017

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

Who buys my oil Oil price check

320 acres on the newest permit

Permits for Reed 1
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-227-36656	2	May 3, 2011	Sep 7, 2011	320	Vertical

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

Unit decimal checker

What Diamondback Energy, Inc. told investors it received

Diamondback E&P LLC is linked to Diamondback Energy, Inc. (FANG).

Realized prices reported by Diamondback Energy, Inc.
Quarter	Oil$ per bbl	Gas$ per mcf	Gas liquids$ per bbl	Filing
Q2 2026	$96.82	−$2.15	$18.56	SEC filing
Q1 2026	$73.47	$0.18	$16.68	SEC filing
Q4 2025	$58.00	$0.03	$13.51	SEC filing
Q3 2025	$64.60	$0.75	$17.28	SEC filing
Q2 2025	$63.23	$0.88	$18.13	SEC filing
Q1 2025	$70.95	$2.11	$23.94	SEC filing

SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

5 months, newest first

Ledger for REED 1
Month	WTI$/bbl	Henry Hub$/MMBtu
May 2020	$28.56	$1.75
Apr 2020	$16.55	$1.74
Mar 2020	$29.21	$1.79
Feb 2020	$50.54	$1.91
Jan 2020	$57.52	$2.02

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

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