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Texas oil lease

Producing

REED, E. G.

Reed, E. G. is an oil lease in Montague County, Texas, operated by Peba Oil & Gas, Inc. in the Bowers field.

3 wells

404bbl oil, last 12 months−21% vs prior year
Operator
Peba Oil & Gas, Inc.
County
Montague County
Field
Bowers
RRC lease
09-04368

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Where it sits

This county

Montague CountyMontagueClayCookeMontague County
Montague County
Oil in Jul 2026
60 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 21% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 21% over the last 12 monthsMonthly oil production for REED, E. G., Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 404 bbl in the 12 months through Jul 2026, against 509 bbl in the 12 months before.Last 12 months: 404 bblbbl per month0255075100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 21% over the last 12 monthsMonthly oil production for REED, E. G., Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 404 bbl in the 12 months through Jul 2026, against 509 bbl in the 12 months before.Last 12 monthsbbl per month0255075100Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

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.

3 wells on this lease

Wells on REED, E. G.
API numberWell no.Status
42-337-045433Shut-in
42-337-341146Active
42-337-815121Active

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–
Gulfmark Energy, Inc.OilGathers100Oct 1, 2018Nov 1, 2023

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

Who buys my oilOil price check

120 acres on the newest permit

Permits for Reed, E. G.
API numberWell no.Acreson the permit
42-337-341146120
42-337-045433–
42-337-815121–

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for REED, E. G.
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026600$80.46$2.89
Jun 2026100$84.81$3.15
May 2026140$102.13$2.94
Apr 2026290$100.32$2.77
Mar 20261584$91.38$3.04
Feb 202640$64.51$3.62
Jan 2026410$60.04$7.72
Dec 202536131$57.97$4.26
Nov 2025510$60.06$3.79
Oct 202547129$60.89$3.19
Sep 2025570$63.96$2.97
Aug 2025400$64.86$2.91
Jul 202531135$68.39$3.20
Jun 2025420$68.17$3.02
May 2025440$62.17$3.12
Apr 2025410$63.54$3.42
Mar 202542109$68.24$4.12
Feb 2025450$71.53$4.19
Jan 2025470$75.74$4.13
Dec 202443135$70.12$3.01
Nov 2024540$69.95$2.12
Oct 202430130$71.99$2.20
Sep 2024460$70.24$2.28
Aug 2024440$76.68$1.99
Jul 2024350$81.80$2.07
Jun 202438122$79.77$2.54
May 2024490$80.02$2.12
Apr 202455131$85.35$1.60
Mar 2024890$81.28$1.49
Feb 2024250$77.25$1.72
Jan 202448129$74.15$3.18
Dec 2023650$71.90$2.52
Nov 202372145$77.69$2.71
Oct 2023720$85.64$2.98
Sep 202361128$89.43$2.64
Aug 2023650$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

OperatorPeba Oil & Gas, Inc.FieldBowersCountyMontague County

Peba Oil & Gas, Inc. in Montague County

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Bowers field

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