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Texas oil lease

Producing

REED 24 UNIT

Reed 24 Unit is an oil lease in Loving County, Texas, operated by EOG Resources, Inc. in the Phantom (Wolfcamp) field.

5 wells

163,383bbl oil, last 12 months−3% vs prior year
Operator
EOG Resources, Inc.
County
Loving County
Field
Phantom (Wolfcamp)
RRC lease
08-50429

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Gas, last 12 months
324,565 mcf
Oil in Jul 2026
12,191 bbl

Production by month

Oil output fell 3% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 3% over the last 12 monthsMonthly oil production and gas for REED 24 UNIT, Aug 2023 to Jul 2026. Oil output fell 3% over the last 12 months. 163,383 bbl in the 12 months through Jul 2026, against 168,662 bbl in the 12 months before.Last 12 months: 163,383 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 3% over the last 12 monthsMonthly oil production and gas for REED 24 UNIT, Aug 2023 to Jul 2026. Oil output fell 3% over the last 12 months. 163,383 bbl in the 12 months through Jul 2026, against 168,662 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the last 12 months

Flaring peaked at 4.9% of the gas in Jun 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of REED 24 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.9% of the gas in Jun 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of REED 24 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.9% of the gas in Jun 2024.Share of gas by disposition code0%50%100%Flared 4.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 317,658 mcf

  • Flared (4)

    1.3% · 4,130 mcf

  • Lease fuel (1)

    0.9% · 2,777 mcf

1.3% of the gas flared in the last 12 months. 2 months above 3%.

5 wells on this lease

Wells on REED 24 UNIT
API numberWell no.Status
42-301-336632HActive
42-301-339624HActive
42-301-339635HActive
42-301-340967HActive
42-301-341998HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eog Resources Marketing LLCOilGathers100Jan 20, 2018–
Oneok Midland Midstream, LLCCasinghead gasBuys100Apr 1, 2026–
Enlink Permian, LLCCasinghead gasGathers100Apr 1, 2026–
Delaware G&p LLCCasinghead gasGathers100Jan 20, 2018Apr 1, 2026
Delaware G&p LLCCasinghead gasBuys100Jan 20, 2018Apr 1, 2026

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

Who buys my oilOil price check

661.22 acres on the newest permit

Permits for Reed 24 Unit
API numberWell no.Acreson the permit
42-301-341998H661.22
42-301-340967H661.22
42-301-339635H661.22
42-301-339624H661.22
42-301-336632H661.22

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

Unit decimal checker

What EOG Resources, Inc. told investors it received

EOG Resources, Inc. is linked to EOG Resources, Inc. (EOG).
Realized prices reported by EOG Resources, Inc.
QuarterOil$ per bblFiling
Q2 2026$98.15SEC filing
Q1 2026$72.47SEC filing
Q3 2025$65.95SEC filing
Q2 2025$64.82SEC filing
Q1 2025$72.87SEC filing
Q3 2024$76.92SEC filing

SourceEOG Resources, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for REED 24 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202612,19112,22823,10922,548342$80.46$2.89
Jun 202612,29112,25424,10423,646237$84.81$3.15
May 202613,15812,98125,98525,520222$102.13$2.94
Apr 202613,21613,08125,06524,570255$100.32$2.77
Mar 202613,48213,54025,36624,797289$91.38$3.04
Feb 202612,49612,38522,98422,479207$64.51$3.62
Jan 202612,69512,66024,16222,759977$60.04$7.72
Dec 202513,33113,70925,85225,265257$57.97$4.26
Nov 202513,84313,97331,80731,401372$60.06$3.79
Oct 202514,63314,81230,30829,915269$60.89$3.19
Sep 202515,38714,92132,44031,964342$63.96$2.97
Aug 202516,66016,69633,38332,794361$64.86$2.91
Jul 202511,09511,08323,54323,102221$68.39$3.20
Jun 202516,27116,27534,73734,157264$68.17$3.02
May 202517,52517,60335,67335,047287$62.17$3.12
Apr 202517,15817,42031,46130,673269$63.54$3.42
Mar 202517,71617,56531,62630,462283$68.24$4.12
Feb 202517,50517,45628,20527,032270$71.53$4.19
Jan 202515,85416,26524,50323,209253$75.74$4.13
Dec 20249,3198,63512,85711,844156$70.12$3.01
Nov 20248,8699,08411,93311,454160$69.95$2.12
Oct 20249,6409,43214,24313,859175$71.99$2.20
Sep 202413,25613,45222,89122,401233$70.24$2.28
Aug 202414,45414,47925,09124,578249$76.68$1.99
Jul 202414,53814,58227,38826,847260$81.80$2.07
Jun 20249,6819,47319,26418,138946$79.77$2.54
May 202411,44111,65026,04625,428441$80.02$2.12
Apr 202414,71314,67932,49132,015198$85.35$1.60
Mar 202414,36014,14631,23930,671230$81.28$1.49
Feb 202415,20715,49131,57831,09895$77.25$1.72
Jan 202417,53717,46331,49130,934121$74.15$3.18
Dec 202314,33713,98523,01122,601103$71.90$2.52
Nov 20237,6557,69313,24313,02937$77.69$2.71
Oct 20237,7607,82213,43413,23138$85.64$2.98
Sep 20237,7467,67313,87613,70339$89.43$2.64
Aug 20238,2648,33713,23113,05534$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

This lease belongs to

OperatorEOG Resources, Inc.FieldPhantom (Wolfcamp)CountyLoving County

EOG Resources, Inc. in Loving County

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Phantom (Wolfcamp) field

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