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Texas oil lease

Producing

REED B UNIT

Reed B Unit is an oil lease in Montague County, Texas, operated by EOG Resources, Inc. in the Newark, East (Barnett Shale) field.

2 wells

131bbl oil, last 12 months+9% vs prior year
Operator
EOG Resources, Inc.
County
Montague County
Field
Newark, East (Barnett Shale)
RRC lease
09-33138

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Where it sits

This county

Montague CountyMontagueClayCookeMontague County
Montague County
Gas, last 12 months
15,023 mcf
Oil in Jul 2026
1 bbl

Checks stopped on this lease?

  • Sales

    Sales over the last 3 months fell to 4% of the 9 months before.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output rose 9% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 9% over the last 12 monthsMonthly oil production and gas for REED B UNIT, Aug 2023 to Jul 2026. Oil output rose 9% over the last 12 months. 131 bbl in the 12 months through Jul 2026, against 120 bbl in the 12 months before.Last 12 months: 131 bblbbl per monthmcf per month00251,000502,000753,0001004,0001255,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 9% over the last 12 monthsMonthly oil production and gas for REED B UNIT, Aug 2023 to Jul 2026. Oil output rose 9% over the last 12 months. 131 bbl in the 12 months through Jul 2026, against 120 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00251,000502,000753,0001004,0001255,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuelShare of REED B UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuelShare of REED B UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Jul 26: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    86% · 12,859 mcf

  • Lease fuel (1)

    14% · 2,164 mcf

2 wells on this lease

Wells on REED B UNIT
API numberWell no.Status
42-337-350332HActive
42-337-350341HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ptt Premier Trading and Tran LLCOilGathers100Nov 1, 2023–
Copano Fld Serv/North Texas, LLCCasinghead gasBuys100Apr 1, 2013–
Eog Resources, Inc.Casinghead gasGathers100Apr 1, 2013–
Bkep Crude, L.l.c.OilGathers5Apr 1, 2013Nov 1, 2023
Eog Resources Marketing LLCOilGathers20Apr 1, 2013Nov 1, 2023
Gulfmark Energy, Inc.OilGathers20Nov 1, 2018Nov 1, 2023
Plains Marketing, L.p.OilGathers15Apr 1, 2013Nov 1, 2023
Shell Trading (Us) CompanyOilGathers15Apr 1, 2013Nov 1, 2023
Sunoco Ptnrs. Mktg.&terminals LPOilGathers20Apr 1, 2013Nov 1, 2023

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

Who buys my oilOil price check

199.23 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Reed B Unit
API numberWell no.Acreson the permit
42-337-350341H199.23
42-337-350332H199.23

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 B UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026111,0088720$80.46$2.89
Jun 202611112300$84.81$3.15
May 2026701971120$102.13$2.94
Apr 202630208810$100.32$2.77
Mar 20261201,2701,0290$91.38$3.04
Feb 20261611,9111,7050$64.51$3.62
Jan 20262002,2542,0500$60.04$7.72
Dec 2025702,4192,1840$57.97$4.26
Nov 2025102,1852,0190$60.06$3.79
Oct 202547601,7161,4740$60.89$3.19
Sep 20251743271610$63.96$2.97
Aug 2025511,4051,1720$64.86$2.91
Jul 2025511,7851,5540$68.39$3.20
Jun 2025601,7441,5290$68.17$3.02
May 2025702,2472,0410$62.17$3.12
Apr 2025203541890$63.54$3.42
Mar 2025702,8142,6480$68.24$4.12
Feb 20251312,8082,6680$71.53$4.19
Jan 20251202,7862,6330$75.74$4.13
Dec 202414752,7032,5890$70.12$3.01
Nov 20241002,3802,2840$69.95$2.12
Oct 20241303,4973,3800$71.99$2.20
Sep 20241403,6113,4632$70.24$2.28
Aug 20241703,9523,7902$76.68$1.99
Jul 2024411074,0593,8994$81.80$2.07
Jun 20241403,6813,5821$79.77$2.54
May 20241804,3574,2472$80.02$2.12
Apr 20242404,4734,3572$85.35$1.60
Mar 20241614,0443,9351$81.28$1.49
Feb 20241714,5374,3721$77.25$1.72
Jan 2024241892,3972,1702$74.15$3.18
Dec 202312114,1023,9218$71.90$2.52
Nov 2023114,1733,9973$77.69$2.71
Oct 2023114,5084,3733$85.64$2.98
Sep 2023004,1343,9983$89.43$2.64
Aug 2023214,3014,1433$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorEOG Resources, Inc.FieldNewark, East (Barnett Shale)CountyMontague County

EOG Resources, Inc. in Montague County

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Newark, East (Barnett Shale) field

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