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Texas oil lease

Producing

REED, MARY

Reed, Mary is an oil lease in Stephens County, Texas, operated by Zagava, LLC in the Reed-Boles (Strawn 1780) field.

1 well

117bbl oil, last 12 months−51% vs prior year
Operator
Zagava, LLC
County
Stephens County
Field
Reed-Boles (Strawn 1780)
RRC lease
7B-10411

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Where it sits

This county

Stephens CountyStephensShackelfordJackPalo PintoEastlandThrockmortonYoungStephens County
Stephens County
Oil in Jul 2026
2 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 10 months of state data (through Jul 2026).

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

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Production by month

Oil output fell 51% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 51% over the last 12 monthsMonthly oil production for REED, MARY, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 117 bbl in the 12 months through Jul 2026, against 238 bbl in the 12 months before.Last 12 months: 117 bblbbl per month010203040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 51% over the last 12 monthsMonthly oil production for REED, MARY, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 117 bbl in the 12 months through Jul 2026, against 238 bbl in the 12 months before.Last 12 monthsbbl per month010203040Jan 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.

Who has run this lease

The operator changed once, most recently in Mar 2022

Operators of this lease over timeFoag, Inc., Jan 2020 to Feb 2022; Zagava, LLC, Mar 2022 to Jul 20262020202120222023202420252026Changed Mar 2022Foag, Inc.Jan 2020 to Feb 2022Zagava, LLCMar 2022 to now
Operators of this lease over timeFoag, Inc., Jan 2020 to Feb 2022; Zagava, LLC, Mar 2022 to Jul 20262020202120222023202420252026Changed Mar 2022Foag, Inc.Jan 2020 to Feb 2022Zagava, LLCMar 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on REED, MARY
API numberWell no.Status
42-429-816631Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Transoil Marketing, LLCOilGathers100Apr 1, 2017

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

Who buys my oilOil price check

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Reed, Mary
API numberWell no.Acreson the permit
42-429-816631–

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

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36 months, newest first

Ledger for REED, MARY
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Zagava, LLC20$80.46$2.89
Jun 2026Zagava, LLC20$84.81$3.15
May 2026Zagava, LLC20$102.13$2.94
Apr 2026Zagava, LLC10$100.32$2.77
Mar 2026Zagava, LLC10$91.38$3.04
Feb 2026Zagava, LLC10$64.51$3.62
Jan 2026Zagava, LLC20$60.04$7.72
Dec 2025Zagava, LLC130$57.97$4.26
Nov 2025Zagava, LLC140$60.06$3.79
Oct 2025Zagava, LLC230$60.89$3.19
Sep 2025Zagava, LLC35162$63.96$2.97
Aug 2025Zagava, LLC210$64.86$2.91
Jul 2025Zagava, LLC210$68.39$3.20
Jun 2025Zagava, LLC200$68.17$3.02
May 2025Zagava, LLC290$62.17$3.12
Apr 2025Zagava, LLC33176$63.54$3.42
Mar 2025Zagava, LLC400$68.24$4.12
Feb 2025Zagava, LLC50$71.53$4.19
Jan 2025Zagava, LLC90$75.74$4.13
Dec 2024Zagava, LLC160$70.12$3.01
Nov 2024Zagava, LLC140$69.95$2.12
Oct 2024Zagava, LLC190$71.99$2.20
Sep 2024Zagava, LLC160$70.24$2.28
Aug 2024Zagava, LLC160$76.68$1.99
Jul 2024Zagava, LLC120$81.80$2.07
Jun 2024Zagava, LLC180$79.77$2.54
May 2024Zagava, LLC120$80.02$2.12
Apr 2024Zagava, LLC27159$85.35$1.60
Mar 2024Zagava, LLC30$81.28$1.49
Feb 2024Zagava, LLC40$77.25$1.72
Jan 2024Zagava, LLC140$74.15$3.18
Dec 2023Zagava, LLC210$71.90$2.52
Nov 2023Zagava, LLC280$77.69$2.71
Oct 2023Zagava, LLC200$85.64$2.98
Sep 2023Zagava, LLC220$89.43$2.64
Aug 2023Zagava, LLC11152$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

OperatorZagava, LLCFieldReed-Boles (Strawn 1780)CountyStephens County

Zagava, LLC in Stephens County

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Reed-Boles (Strawn 1780) field

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