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Texas oil lease

Producing

REED-LEWIS

Reed-Lewis is an oil lease in Montague County, Texas, operated by Wise Production Company in the Shirley (Caddo Congl.) field.

1 well

628bbl oil, last 12 months−25% vs prior year
Operator
Wise Production Company
County
Montague County
Field
Shirley (Caddo Congl.)
RRC lease
09-31841

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Where it sits

This county

Montague CountyMontagueClayCookeMontague County
Montague County
Gas, last 12 months
12,725 mcf
Oil in Jul 2026
4 bbl

Production by month

Oil output fell 25% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 25% over the last 12 monthsMonthly oil production and gas for REED-LEWIS, Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 628 bbl in the 12 months through Jul 2026, against 833 bbl in the 12 months before.Last 12 months: 628 bblbbl per monthmcf per month0025500501,000751,5001002,0001252,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 25% over the last 12 monthsMonthly oil production and gas for REED-LEWIS, Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 628 bbl in the 12 months through Jul 2026, against 833 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025500501,000751,5001002,0001252,500Jan 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

  • Transmission line (2)
  • Lease fuel (1)
All of the gas went to a transmission line in the last 12 monthsShare of REED-LEWIS 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-LEWIS 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.

Who has run this lease

The operator changed once, most recently in May 2024

Operators of this lease over timeBennett Production Corporation, Jan 2020 to Apr 2024; Wise Production Company, May 2024 to Jul 20262020202120222023202420252026Changed May 2024Bennett Production CorporationJan 2020 to Apr 2024Wise Production CompanyMay 2024 to now
Operators of this lease over timeBennett Production Corporation, Jan 2020 to Apr 2024; Wise Production Company, May 2024 to Jul 20262020202120222023202420252026Changed May 2024Bennett Production CorporationJan 2020 to Apr 2024Wise Production CompanyMay 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on REED-LEWIS
API numberWell no.Status
42-337-344061Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100Jun 1, 2025–
Targa Midstream Services LLCCasinghead gasBuys100Jun 1, 2025–
Targa Midstream Services LLCCasinghead gasGathers100May 1, 2024–
Targa Midstream Services LLCCasinghead gasBuys100May 1, 2024Jun 1, 2025
Ptt Premier Trading and Tran LLCOilGathers100May 1, 2024Jun 1, 2025
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Feb 1, 2011May 1, 2024

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

Who buys my oilOil price check

133 acres on the newest permit

Check your decimal on this lease
Permits for Reed-Lewis
API numberWell no.Acreson the permit
42-337-344061133

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for REED-LEWIS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Wise Production41709889880$80.46$2.89
Jun 2026Wise Production8101,0361,0360$84.81$3.15
May 2026Wise Production8001,1891,1890$102.13$2.94
Apr 2026Wise Production101719089080$100.32$2.77
Mar 2026Wise Production9101,1421,1420$91.38$3.04
Feb 2026Wise Production8709979970$64.51$3.62
Jan 2026Wise Production481701,2181,2180$60.04$7.72
Dec 2025Wise Production5301,2471,2470$57.97$4.26
Nov 2025Wise Production2101,0231,0230$60.06$3.79
Oct 2025Wise Production611679509500$60.89$3.19
Sep 2025Wise Production1909659650$63.96$2.97
Aug 2025Wise Production7301,0621,0620$64.86$2.91
Jul 2025Wise Production6709689680$68.39$3.20
Jun 2025Wise Production101709389380$68.17$3.02
May 2025Wise Production7009889880$62.17$3.12
Apr 2025Wise Production7809889880$63.54$3.42
Mar 2025Wise Production481711,1221,1220$68.24$4.12
Feb 2025Wise Production7801,0191,0190$71.53$4.19
Jan 2025Wise Production581911,2081,2080$75.74$4.13
Dec 2024Wise Production8101,2691,2690$70.12$3.01
Nov 2024Wise Production9001,2431,2430$69.95$2.12
Oct 2024Wise Production421881,2351,2350$71.99$2.20
Sep 2024Wise Production9301,2701,2700$70.24$2.28
Aug 2024Wise Production1181931,3491,3490$76.68$1.99
Jul 2024Wise Production2201,1251,1250$81.80$2.07
Jun 2024Wise Production9801,2511,2510$79.77$2.54
May 2024Wise Production5201,4231,4230$80.02$2.12
Apr 2024Bennett Production611701,2021,0870$85.35$1.60
Mar 2024Bennett Production8001,2801,1600$81.28$1.49
Feb 2024Bennett Production271801,2961,1850$77.25$1.72
Jan 2024Bennett Production8801,1721,0520$74.15$3.18
Dec 2023Bennett Production8901,1891,0690$71.90$2.52
Nov 2023Bennett Production611801,1811,0660$77.69$2.71
Oct 2023Bennett Production9001,1301,0100$85.64$2.98
Sep 2023Bennett Production691771,2681,1530$89.43$2.64
Aug 2023Bennett Production9801,3521,2320$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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This lease belongs to

OperatorWise Production CompanyFieldShirley (Caddo Congl.)CountyMontague County

Wise Production Company in Montague County

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Shirley (Caddo Congl.) field

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