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Texas oil lease

Producing

REED, E.O.

Reed, E.o. is an oil lease in Pecos County, Texas, operated by Chevron U. S. A. Inc. in the Gomez, NW. (Wolfcamp) field.

2 wells

72bbl oil, last 12 months−80% vs prior year
RRC lease
08-34563

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Gas, last 12 months
1,435 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 80% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 80% over the last 12 monthsMonthly oil production and gas for REED, E.O., Aug 2023 to Jul 2026. Oil output fell 80% over the last 12 months. 72 bbl in the 12 months through Jul 2026, against 363 bbl in the 12 months before.Last 12 months: 72 bblbbl per monthmcf per month002520050400756001008001251,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 80% over the last 12 monthsMonthly oil production and gas for REED, E.O., Aug 2023 to Jul 2026. Oil output fell 80% over the last 12 months. 72 bbl in the 12 months through Jul 2026, against 363 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002520050400756001008001251,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of REED, E.O. gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of REED, E.O. gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on REED, E.O.
API numberWell no.Status
42-371-109831Active
42-371-365162Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Jun 1, 2023–
Chevron U. S. A. Inc.Casinghead gasBuys100Jun 1, 2002–
Chevron U. S. A. Inc.Casinghead gasGathers100Jun 1, 2002–
Bridger Transportation, LLCOilGathers80Aug 1, 2016Jun 1, 2023
Enterprise Crude Oil LLCOilGathers20Aug 1, 2016Jun 1, 2023

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

640 acres on the newest permit

Permits for Reed, E.o.
API numberWell no.Acreson the permit
42-371-109831640
42-371-365162640

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

What Chevron Corporation told investors it received

Chevron U. S. A. Inc. is linked to Chevron Corporation (CVX).
Realized prices reported by Chevron Corporation
QuarterOil$ per bblFiling
Q2 2026$99.38SEC filing
Q2 2026$95.66SEC filing
Q1 2026$80.12SEC filing
Q1 2026$68.83SEC filing
Q4 2025–SEC filing
Q4 2025–SEC filing

SourceChevron Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for REED, E.O.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20260035350$80.46$2.89
Jun 20260064640$84.81$3.15
May 20260027270$102.13$2.94
Apr 20262101631630$100.32$2.77
Mar 202632080800$91.38$3.04
Feb 2026301431430$64.51$3.62
Jan 2026010457570$60.04$7.72
Dec 2025007727720$57.97$4.26
Nov 202500880$60.06$3.79
Oct 20250042420$60.89$3.19
Sep 202514035350$63.96$2.97
Aug 202520990$64.86$2.91
Jul 20250016160$68.39$3.20
Jun 202519019190$68.17$3.02
May 202513026260$62.17$3.12
Apr 20250042420$63.54$3.42
Mar 20250022220$68.24$4.12
Feb 2025917646460$71.53$4.19
Jan 20251501011010$75.74$4.13
Dec 202424022220$70.12$3.01
Nov 202436073730$69.95$2.12
Oct 2024741811081080$71.99$2.20
Sep 202469062620$70.24$2.28
Aug 20241041557507500$76.68$1.99
Jul 20240071710$81.80$2.07
Jun 20240048480$79.77$2.54
May 20248034340$80.02$2.12
Apr 202432023230$85.35$1.60
Mar 202470037370$81.28$1.49
Feb 202449058580$77.25$1.72
Jan 2024901311310$74.15$3.18
Dec 20230012120$71.90$2.52
Nov 20230015150$77.69$2.71
Oct 2023117863630$85.64$2.98
Sep 202353036360$89.43$2.64
Aug 202311066660$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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