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Texas oil lease

Producing

REED 2

Reed 2 is an oil lease in Wheeler County, Texas, operated by Unbridled Resources, LLC in the Mills Ranch (Granite Wash Cons.) field.

2 wells

805bbl oil, last 12 months−48% vs prior year
Operator
Unbridled Resources, LLC
County
Wheeler County
Field
Mills Ranch (Granite Wash Cons.)
RRC lease
10-08887

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Where it sits

This county

Wheeler CountyWheelerGrayHemphillRobertsWheeler County
Wheeler County
Gas, last 12 months
5,930 mcf
Oil in Jul 2026
27 bbl

Production by month

Oil output fell 48% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 48% over the last 12 monthsMonthly oil production and gas for REED 2, Aug 2023 to Jul 2026. Oil output fell 48% over the last 12 months. 805 bbl in the 12 months through Jul 2026, against 1,542 bbl in the 12 months before.Last 12 months: 805 bblbbl per monthmcf per month001002,0002004,0003006,0004008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 48% over the last 12 monthsMonthly oil production and gas for REED 2, Aug 2023 to Jul 2026. Oil output fell 48% over the last 12 months. 805 bbl in the 12 months through Jul 2026, against 1,542 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002,0002004,0003006,0004008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jun 2026 the lease's gas goes to lease fuel instead of a transmission line

  • Transmission line (2)
  • Lease fuel (1)
Since Jun 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of REED 2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to lease fuel instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Jun 2026: line to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jun 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of REED 2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to lease fuel instead of a transmission line.Share of gas by disposition code0%50%100%Jun 26: line to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    76% · 5,463 mcf

  • Lease fuel (1)

    24% · 1,727 mcf

Who has run this lease

The operator changed once, most recently in Nov 2020

Operators of this lease over time4P Energy Texas, LLC, Jan 2020 to Oct 2020; Unbridled Resources, LLC, Nov 2020 to Jul 20262020202120222023202420252026Changed Nov 20204P Energy Texas, LLCJan 2020 to Oct 2020Unbridled Resources, LLCNov 2020 to now
Operators of this lease over time4P Energy Texas, LLC, Jan 2020 to Oct 2020; Unbridled Resources, LLC, Nov 2020 to Jul 20262020202120222023202420252026Changed Nov 20204P Energy Texas, LLCJan 2020 to Oct 2020Unbridled Resources, LLCNov 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on REED 2
API numberWell no.Status
42-483-332844HActive
42-483-334525HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Crude Oil Co,llcOilGathers100Aug 1, 2026–
Palo Duro Pipelns (Tx Gath) L.p.Casinghead gasBuys100Jan 1, 2022–
Midpoint Midstream, LLCCasinghead gasGathers100Apr 1, 2018–
Pilot Travel Centers LLCOilGathers100Jan 1, 2015Aug 1, 2026
Midcoast Pl (Tx Gathering) L.p.Casinghead gasBuys100Nov 1, 2018Jan 1, 2022

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

Who buys my oilOil price check

640 acres on the newest permit

A pooling certificate was filed

Permits for Reed 2
API numberWell no.Acreson the permit
42-483-334525H640
42-483-332844H640

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

Unit decimal checker

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36 months, newest first

Ledger for REED 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Unbridled Resources,2712954500$80.46$2.89
Jun 2026Unbridled Resources,320100$84.81$3.15
May 2026Unbridled Resources,3444000$102.13$2.94
Apr 2026Unbridled Resources,760330$100.32$2.77
Mar 2026Unbridled Resources,50816900$91.38$3.04
Feb 2026Unbridled Resources,731955153410$64.51$3.62
Jan 2026Unbridled Resources,900104880$60.04$7.72
Dec 2025Unbridled Resources,4002732390$57.97$4.26
Nov 2025Unbridled Resources,5205054190$60.06$3.79
Oct 2025Unbridled Resources,1121621,1379240$60.89$3.19
Sep 2025Unbridled Resources,1091931,0929170$63.96$2.97
Aug 2025Unbridled Resources,11001,6861,6710$64.86$2.91
Jul 2025Unbridled Resources,1361661,2608610$68.39$3.20
Jun 2025Unbridled Resources,1161902,5902,5900$68.17$3.02
May 2025Unbridled Resources,117241,9601,9600$62.17$3.12
Apr 2025Unbridled Resources,1081851,9631,9630$63.54$3.42
Mar 2025Unbridled Resources,14802,6982,6980$68.24$4.12
Feb 2025Unbridled Resources,1311882,4982,4980$71.53$4.19
Jan 2025Unbridled Resources,1181932,0602,0600$75.74$4.13
Dec 2024Unbridled Resources,117271,2701,2700$70.12$3.01
Nov 2024Unbridled Resources,1381931,3691,3690$69.95$2.12
Oct 2024Unbridled Resources,135341,5391,5390$71.99$2.20
Sep 2024Unbridled Resources,1251401,4901,4900$70.24$2.28
Aug 2024Unbridled Resources,1531931,8361,8360$76.68$1.99
Jul 2024Unbridled Resources,1511102,0612,0610$81.80$2.07
Jun 2024Unbridled Resources,1381642,5692,5690$79.77$2.54
May 2024Unbridled Resources,1762732,8772,8770$80.02$2.12
Apr 2024Unbridled Resources,2073123,0873,0870$85.35$1.60
Mar 2024Unbridled Resources,2621922,8392,8390$81.28$1.49
Feb 2024Unbridled Resources,2261931,6881,6880$77.25$1.72
Jan 2024Unbridled Resources,2233662,8042,8040$74.15$3.18
Dec 2023Unbridled Resources,2523032,4042,4040$71.90$2.52
Nov 2023Unbridled Resources,1311851,3951,3950$77.69$2.71
Oct 2023Unbridled Resources,18603,4833,4830$85.64$2.98
Sep 2023Unbridled Resources,1603795,5335,5330$89.43$2.64
Aug 2023Unbridled Resources,1301922,5762,5760$81.39$2.58

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

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This lease belongs to

OperatorUnbridled Resources, LLCFieldMills Ranch (Granite Wash Cons.)CountyWheeler County

Unbridled Resources, LLC in Wheeler County

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