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Texas oil lease

Producing

REED, W. N. & L. & R.

Reed, W. N. & L. & R. is an oil lease in Howard County, Texas, operated by Citation Oil & Gas Corp. in the Howard Glasscock (Consolidated) field.

10 wells

6,351bbl oil, last 12 months−5% vs prior year
Operator
Citation Oil & Gas Corp.
County
Howard County
Field
Howard Glasscock (Consolidated)
RRC lease
08-41249

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
337 mcf
Oil in Jul 2026
387 bbl

Production by month

Oil output fell 5% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for REED, W. N. & L. & R., Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 6,351 bbl in the 12 months through Jul 2026, against 6,681 bbl in the 12 months before.Last 12 months: 6,351 bblbbl per monthmcf per month00200100400200600300800400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for REED, W. N. & L. & R., Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 6,351 bbl in the 12 months through Jul 2026, against 6,681 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00200100400200600300800400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

78% of the gas went to flaring in the 8 months reported

Flaring peaked at 100.0% of the gas in Sep 2023.

  • Other (5 to 8)
  • Flared (4)
78% of the gas went to flaring in the 8 months reportedShare of REED, W. N. & L. & R. gas by disposition code each month, Aug 2023 to Jul 2026. 78% of the gas went to flaring in the 8 months reported. Flaring peaked at 100.0% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
78% of the gas went to flaring in the 8 months reportedShare of REED, W. N. & L. & R. gas by disposition code each month, Aug 2023 to Jul 2026. 78% of the gas went to flaring in the 8 months reported. Flaring peaked at 100.0% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Flared (4)

    78% · 1,623 mcf

  • Other (5 to 8)

    22% · 455 mcf

78.1% of the gas flared in the 8 months reported. 8 months above 3%.

10 wells on this lease

Wells on REED, W. N. & L. & R.
API numberWell no.Status
42-227-028703Shut-in
42-227-028816Shut-in
42-227-028847WShut-in
42-227-028899Shut-in
42-227-102061001Active
42-227-1020916Active
42-227-3447519Shut-in
42-227-3447620Active
42-227-3456821Active
42-227-3457822WActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers80Dec 1, 2016
Hollyfrontier Ref & Mktg LLCOilGathers20Dec 1, 2016
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017

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

Who buys my oilOil price check

160 acres on the newest permit

  • Good to know

    11 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Reed, W. N. & L. & R.
API numberWell no.Acreson the permit
42-227-028816160
42-227-3457822W160
42-227-3456821160
42-227-3447519160
42-227-028899160
42-227-102061001160
42-227-3447620160
42-227-3447620R160
42-227-028703–
42-227-028847W–
42-227-1020916–

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for REED, W. N. & L. & R.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026387426000$80.46$2.89
Jun 2026416486000$84.81$3.15
May 2026484488000$102.13$2.94
Apr 2026516518235010$100.32$2.77
Mar 2026547512102012$91.38$3.04
Feb 2026448479000$64.51$3.62
Jan 2026543529000$60.04$7.72
Dec 2025638646000$57.97$4.26
Nov 2025618588000$60.06$3.79
Oct 2025578592000$60.89$3.19
Sep 2025513476000$63.96$2.97
Aug 2025663664000$64.86$2.91
Jul 2025610615000$68.39$3.20
Jun 2025544528000$68.17$3.02
May 2025625641000$62.17$3.12
Apr 2025643638000$63.54$3.42
Mar 2025577564000$68.24$4.12
Feb 2025484493000$71.53$4.19
Jan 2025614597000$75.74$4.13
Dec 2024514544000$70.12$3.01
Nov 2024544529000$69.95$2.12
Oct 2024538563000$71.99$2.20
Sep 2024486485000$70.24$2.28
Aug 2024502502000$76.68$1.99
Jul 2024512486000$81.80$2.07
Jun 2024448473000$79.77$2.54
May 2024461479000$80.02$2.12
Apr 2024497429000$85.35$1.60
Mar 2024539542000$81.28$1.49
Feb 2024435451000$77.25$1.72
Jan 20244644282080208$74.15$3.18
Dec 20235525692990289$71.90$2.52
Nov 20237036922880229$77.69$2.71
Oct 20235575422830265$85.64$2.98
Sep 20234454693000300$89.43$2.64
Aug 20233663543630310$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorCitation Oil & Gas Corp.FieldHoward Glasscock (Consolidated)CountyHoward County

Citation Oil & Gas Corp. in Howard County

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