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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 41248

Producing

REED -B-

Reed -B- is an oil lease in Howard County, Texas, operated by Citation Oil & Gas Corp. in the Howard Glasscock (Consolidated) field. The Railroad Commission shows 3,576 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 5 wells

3,576bbl oil, last 12 months−22% vs prior year
Operator
Citation Oil & Gas Corp.
County
Howard County
Field
Howard Glasscock (Consolidated)
RRC lease
08-41248

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County · RRC district 08Open Howard County →
Gas, last 12 months
697 mcf
Oil in Jul 2026
275 bbl
Reporting to the state
since Jan 2020
Wells
5

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 22% over the last 12 months

3,576 bbl in the 12 months through Jul 2026, against 4,603 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for REED -B-, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 3,576 bbl in the 12 months through Jul 2026, against 4,603 bbl in the 12 months before.Last 12 months: 3,576 bblbbl per monthmcf per month00200504001006001508002001,000250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for REED -B-, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 3,576 bbl in the 12 months through Jul 2026, against 4,603 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00200504001006001508002001,000250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 41248, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

90% of the gas went to other uses in the last 12 months

Flaring peaked at 100.0% of the gas in Sep 2023.

  • Other (5 to 8)
  • Flared (4)
90% of the gas went to other uses in the last 12 monthsShare of REED -B- gas by disposition code each month, Aug 2023 to Jul 2026. 90% of the gas went to other uses in the last 12 months. Flaring peaked at 100.0% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
90% of the gas went to other uses in the last 12 monthsShare of REED -B- gas by disposition code each month, Aug 2023 to Jul 2026. 90% of the gas went to other uses in the last 12 months. Flaring peaked at 100.0% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 41248, district 08. Reported through Jul 2026.

Other (5 to 8)

Gas lift, repressure, carbon black or another use the operator reported.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 10.5% of the gas was flared. 22 months went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Citation Oil & Gas Corp. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeCitation Oil & Gas Corp., Jan 2020 to Jul 20262020202120222023202420252026Citation Oil & Gas Corp.Jan 2020 to nowthrough Jul 2026
Operators of this lease over timeCitation Oil & Gas Corp., Jan 2020 to Jul 20262020202120222023202420252026Citation Oil & Gas Corp.Jan 2020 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

5 wells on this lease

Every well the Railroad Commission links to oil lease 41248 in district 08. The API number is the state’s ID for a well.
Wells on REED -B-
API numberWell no.Status
42-227-028877Shut-in
42-227-1092513Active
42-227-3455715Active
42-227-3462116Active
42-227-384581DShut-in

SourceTexas Railroad Commission Wellbore Query, district 08, lease 41248.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Plains Marketing, L.p. and Hollyfrontier Ref & Mktg LLC gather it.

    Plains Marketing, L.p. gathers it: 80% of it, on the list since Dec 1, 2016 · Hollyfrontier Ref & Mktg LLC gathers it: 20% of it, on the list since Dec 1, 2016

  • Gas from oil wells

    Dcp Operating Company, LP buys and gathers it.

    Dcp Operating Company, LP buys it: 100% of it, on the list since Apr 1, 2017 · Dcp Operating Company, LP gathers it: 100% of it, on the list since Apr 1, 2017

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

159.81 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
55 not plugged
Horizontal
0
First completion
Jun 19, 1989
Latest permit
Jan 14, 2015
Wells and acres on the permits for Reed -B-
API numberWell no.Acreson the permit
42-227-384581D159.81
42-227-3462116160
42-227-3455715160
42-227-028877160
42-227-1092513–

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

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Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says REED -B- sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for REED -B-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Citation Oil27525345034$80.46$2.89
Jun 2026Citation Oil14320024010$84.81$3.15
May 2026Citation Oil2432613801$102.13$2.94
Apr 2026Citation Oil2993001600$100.32$2.77
Mar 2026Citation Oil3173034205$91.38$3.04
Feb 2026Citation Oil27528112300$64.51$3.62
Jan 2026Citation Oil3012926506$60.04$7.72
Dec 2025Citation Oil3513613600$57.97$4.26
Nov 2025Citation Oil35633975017$60.06$3.79
Oct 2025Citation Oil3343436700$60.89$3.19
Sep 2025Citation Oil2982766400$63.96$2.97
Aug 2025Citation Oil38438510200$64.86$2.91
Jul 2025Citation Oil3543647500$68.39$3.20
Jun 2025Citation Oil34232511300$68.17$3.02
May 2025Citation Oil361380185023$62.17$3.12
Apr 2025Citation Oil41040821000$63.54$3.42
Mar 2025Citation Oil37336017506$68.24$4.12
Feb 2025Citation Oil297307139045$71.53$4.19
Jan 2025Citation Oil3954041690126$75.74$4.13
Dec 2024Citation Oil4114261980198$70.12$3.01
Nov 2024Citation Oil405402140069$69.95$2.12
Oct 2024Citation Oil43145720000$71.99$2.20
Sep 2024Citation Oil405404180010$70.24$2.28
Aug 2024Citation Oil419419148024$76.68$1.99
Jul 2024Citation Oil42741515800$81.80$2.07
Jun 2024Citation Oil405429169022$79.77$2.54
May 2024Citation Oil419422133045$80.02$2.12
Apr 2024Citation Oil41639218500$85.35$1.60
Mar 2024Citation Oil60155619600$81.28$1.49
Feb 2024Citation Oil311300182025$77.25$1.72
Jan 2024Citation Oil2562321900190$74.15$3.18
Dec 2023Citation Oil2792881500145$71.90$2.52
Nov 2023Citation Oil3603611440114$77.69$2.71
Oct 2023Citation Oil3213111410132$85.64$2.98
Sep 2023Citation Oil2482661500150$89.43$2.64
Aug 2023Citation Oil2192081810155$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorCitation Oil & Gas Corp.FieldHoward Glasscock (Consolidated)CountyHoward County

Citation Oil & Gas Corp. in Howard County

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Howard Glasscock (Consolidated) field

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Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 41248, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.