Texas oil lease
No report in 6+ monthsREED, N.W.
Reed, N.w. is an oil lease in Caldwell County, Texas, operated by Petrosaurus, Inc. in the Salt Flat, West field.
7 wells
- Operator
- Petrosaurus, Inc.
- County
- Caldwell County
- Field
- Salt Flat, West
- RRC lease
- 01-07501
Is your check right?
Where it sits
This county
- Oil in Mar 2022
- 0 bbl
- Reporting since
- Jan 2020
Production by month
Oil output over the last 12 months
- Oil (bars)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
No gas disposition reported for this lease
Who has run this lease
The operator changed once, most recently in Jul 2021
- Petrosaurus, Inc. Jul 2021 to now
- Oiltex, LLC Jan 2020 to Jun 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
7 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-055-32187 | T 4 | Active |
| 42-055-32190 | T 2 | Active |
| 42-055-32221 | 4BB | Active |
| 42-055-32222 | 1CC | Active |
| 42-055-32224 | 3CC | Active |
| 42-055-32225 | 4CC | Active |
| 42-055-32227 | 4EE | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Ace Gathering, Inc. | Oil | Gathers | 100 | Jul 1, 2021 | – |
| Enterprise Crude Oil LLC | Oil | Gathers | 100 | Jun 1, 2017 | Jul 1, 2021 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
73 acres on the newest permit
The wells on this lease state different acreage
The permits state between 44 and 300 acres.
18 wells are listed on this lease
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-055-32217 | 1BB | Aug 7, 1981 | Oct 19, 1981 | 73 |
| 42-055-32218 | 2BB | Aug 7, 1981 | Oct 19, 1981 | 73 |
| 42-055-32221 | 4BB | Aug 7, 1981 | May 10, 1982 | 73 |
| 42-055-32222 | 1CC | Aug 7, 1981 | Feb 2, 1982 | 73 |
| 42-055-32224 | 3CC | Aug 7, 1981 | Jan 29, 1982 | 73 |
| 42-055-32225 | 4CC | Aug 7, 1981 | Jan 28, 1982 | 73 |
| 42-055-32227 | 4EE | Aug 7, 1981 | May 11, 1982 | 73 |
| 42-055-32214 | R 1 | Aug 5, 1981 | Jan 30, 1982 | 73 |
| 42-055-32194 | U 1 | Aug 4, 1981 | Oct 15, 1981 | 44 |
| 42-055-32195 | S 1 | Aug 4, 1981 | Oct 30, 1981 | 44 |
| 42-055-32196 | S 2 | Aug 4, 1981 | Oct 17, 1981 | 300 |
| 42-055-32197 | S 3 | Aug 4, 1981 | Oct 16, 1981 | 44 |
Estimate your royalty
27 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Mar 2022Petrosaurus, Inc. | 0 | 46 | $108.50 | $4.90 |
| Feb 2022Petrosaurus, Inc. | 0 | 0 | $91.64 | $4.69 |
| Jan 2022Petrosaurus, Inc. | 0 | 0 | $83.22 | $4.38 |
| Dec 2021Petrosaurus, Inc. | 0 | 0 | $71.71 | $3.76 |
| Nov 2021Petrosaurus, Inc. | 0 | 0 | $79.15 | $5.05 |
| Oct 2021Petrosaurus, Inc. | 0 | 0 | $81.48 | $5.51 |
| Sep 2021Petrosaurus, Inc. | 0 | 0 | $71.65 | $5.16 |
| Aug 2021Petrosaurus, Inc. | 2 | 0 | $67.73 | $4.07 |
| Jul 2021Petrosaurus, Inc. | 0 | 0 | $72.49 | $3.84 |
| Jun 2021Oiltex, LLC | 0 | 0 | $71.38 | $3.26 |
| May 2021Oiltex, LLC | 0 | 0 | $65.17 | $2.91 |
| Apr 2021Oiltex, LLC | 0 | 0 | $61.72 | $2.66 |
| Mar 2021Oiltex, LLC | 0 | 0 | $62.33 | $2.62 |
| Feb 2021Oiltex, LLC | 0 | 0 | $59.04 | $5.35 |
| Jan 2021Oiltex, LLC | 0 | 0 | $52.00 | $2.71 |
| Dec 2020Oiltex, LLC | 0 | 0 | $47.02 | $2.58 |
| Nov 2020Oiltex, LLC | 0 | 0 | $40.94 | $2.61 |
| Oct 2020Oiltex, LLC | 0 | 0 | $39.40 | $2.39 |
| Sep 2020Oiltex, LLC | 0 | 0 | $39.63 | $1.92 |
| Aug 2020Oiltex, LLC | 0 | 0 | $42.34 | $2.30 |
| Jul 2020Oiltex, LLC | 0 | 0 | $40.71 | $1.76 |
| Jun 2020Oiltex, LLC | 0 | 0 | $38.31 | $1.63 |
| May 2020Oiltex, LLC | 0 | 0 | $28.56 | $1.75 |
| Apr 2020Oiltex, LLC | 0 | 0 | $16.55 | $1.74 |
| Mar 2020Oiltex, LLC | 0 | 0 | $29.21 | $1.79 |
| Feb 2020Oiltex, LLC | 0 | 0 | $50.54 | $1.91 |
| Jan 2020Oiltex, LLC | 0 | 0 | $57.52 | $2.02 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.
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Nearby
This lease belongs to
Petrosaurus, Inc. in Caldwell County
No other producing leases from this operator in this county are in our data yet.
Salt Flat, West field
- GLOVER, VANCE
166 bbl
- FRANKS, W.O. -A-
156 bbl
- SPENCER, D. D.
149 bbl
- STUART-NELSON UNIT
139 bbl
- GLOVER -A-
90 bbl
- REED, N. W.
26 bbl
- ROCHESTER-B-
25 bbl
- WILSON -A-
25 bbl
- HAMMAN
17 bbl
- SHAW
12 bbl
Leases within 10 km
- FRANK
387 bbl · 0.1 km
- REED, N. W. -B-
0 bbl · 0.1 km
- REED -AA-
2 bbl · 0.2 km
- REED -BB-
0 bbl · 0.2 km
- REED CONSOLIDATED
3 bbl · 0.3 km
- FRANKS, W.O -B-
677 bbl · 0.3 km
- REED -A-
2 bbl · 0.4 km
- SUN MARK EXPLORATION
275 bbl · 0.4 km
- REED -C-
3 bbl · 0.4 km
- HILL-REED UNIT #3
0 bbl · 0.4 km
Drilling permits within 10 km
JOHNSON #1A
new drill · Excel Operating, LLC · Caldwell County · 1.7 km
Permit 0918387 · Sep 3, 2026
DAVIS, J. J. ESTATE -A- #1SW
recompletion · Lynco Oilfield Services LLC · Caldwell County · 3.1 km
Permit 0917742 · Aug 17, 2026
WRIGHT, J. D. #7R
re-entry · Left Behind Recovery, LLC · Caldwell County · 5.7 km
Permit 0915888 · Jun 5, 2026
JOHNSON #1A
new drill · Onemoretime, LLC · Caldwell County · 1.7 km
Permit 0915498 · May 12, 2026
TILLER, J. R. -C- #3B
new drill · Buonadonna Oil LLC · Caldwell County · 6.5 km
Permit 0912264 · Dec 22, 2025