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Texas oil lease

Producing

REEVES

Reeves is an oil lease in Wheeler County, Texas, operated by Residual Flow Operating, LLC in the Thorndike (Missouri Lower) field.

6 wells

609bbl oil, last 12 months−26% vs prior year
Operator
Residual Flow Operating, LLC
County
Wheeler County
Field
Thorndike (Missouri Lower)
RRC lease
10-07208

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Where it sits

This county

Wheeler CountyWheelerGrayHemphillRobertsWheeler County
Wheeler County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 26% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 26% over the last 12 monthsMonthly oil production for REEVES, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 609 bbl in the 12 months through Jul 2026, against 828 bbl in the 12 months before.Last 12 months: 609 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 26% over the last 12 monthsMonthly oil production for REEVES, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 609 bbl in the 12 months through Jul 2026, against 828 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jan 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 May 2025

Operators of this lease over timeGinnings Company, Jan 2020 to Apr 2025; Residual Flow Operating, LLC, May 2025 to Jul 20262020202120222023202420252026Changed May 2025Ginnings CompanyJan 2020 to Apr 2025Residual Flow Operating, LLCMay 2025 to now
Operators of this lease over timeGinnings Company, Jan 2020 to Apr 2025; Residual Flow Operating, LLC, May 2025 to Jul 20262020202120222023202420252026Changed May 2025Ginnings CompanyJan 2020 to Apr 2025Residual Flow Operating, LLCMay 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

6 wells on this lease

Wells on REEVES
API numberWell no.Status
42-483-314941071Active
42-483-315302Active
42-483-315351DShut-in
42-483-315393Active
42-483-315404Shut-in
42-483-319715Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Mission Petroleum Carriers, Inc.OilGathers100Jun 1, 2009–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015May 1, 2025
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015May 1, 2025

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

Who buys my oilOil price check

960 acres on the newest permit

The wells on this lease state different acreage

The permits state between 160 and 960 acres.

Permits for Reeves
API numberWell no.Acreson the permit
42-483-319715960
42-483-315393160
42-483-315404640
42-483-315351D160
42-483-315302640
42-483-314941071160

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for REEVES
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Residual Flow00$80.46$2.89
Jun 2026Residual Flow00$84.81$3.15
May 2026Residual Flow220$102.13$2.94
Apr 2026Residual Flow70148$100.32$2.77
Mar 2026Residual Flow61176$91.38$3.04
Feb 2026Residual Flow380$64.51$3.62
Jan 2026Residual Flow890$60.04$7.72
Dec 2025Residual Flow310$57.97$4.26
Nov 2025Residual Flow780$60.06$3.79
Oct 2025Residual Flow82160$60.89$3.19
Sep 2025Residual Flow770$63.96$2.97
Aug 2025Residual Flow61158$64.86$2.91
Jul 2025Residual Flow130$68.39$3.20
Jun 2025Residual Flow660$68.17$3.02
May 2025Residual Flow680$62.17$3.12
Apr 2025Ginnings Company7191$63.54$3.42
Mar 2025Ginnings Company67184$68.24$4.12
Feb 2025Ginnings Company630$71.53$4.19
Jan 2025Ginnings Company74170$75.74$4.13
Dec 2024Ginnings Company780$70.12$3.01
Nov 2024Ginnings Company770$69.95$2.12
Oct 2024Ginnings Company59183$71.99$2.20
Sep 2024Ginnings Company1010$70.24$2.28
Aug 2024Ginnings Company91167$76.68$1.99
Jul 2024Ginnings Company970$81.80$2.07
Jun 2024Ginnings Company90163$79.77$2.54
May 2024Ginnings Company107186$80.02$2.12
Apr 2024Ginnings Company1100$85.35$1.60
Mar 2024Ginnings Company113174$81.28$1.49
Feb 2024Ginnings Company117159$77.25$1.72
Jan 2024Ginnings Company1170$74.15$3.18
Dec 2023Ginnings Company129176$71.90$2.52
Nov 2023Ginnings Company116171$77.69$2.71
Oct 2023Ginnings Company1240$85.64$2.98
Sep 2023Ginnings Company123159$89.43$2.64
Aug 2023Ginnings Company138164$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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Nearby

This lease belongs to

OperatorResidual Flow Operating, LLCFieldThorndike (Missouri Lower)CountyWheeler County

Residual Flow Operating, LLC in Wheeler County

No other producing leases from this operator in this county are in our data yet.

Thorndike (Missouri Lower) field

No other producing leases in this field are in our data yet.

Leases within 10 km

Drilling permits within 10 km