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Texas oil lease

No report in 6+ months

REID

Reid is an oil lease in Martin County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

Oil lease dossier

0bbl oil, last 12 months
Operator
Pioneer Natural Res. USA, Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-51209

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Oil in Jun 2023
0 bbl
Reporting since
Jan 2020

Production by month

No oil produced in the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production and gas for REID, Jul 2020 to Jun 2023. No oil produced in the last 12 months. The last month with output was Mar 2021, at 16 bbl.Last 12 months: 0 bblbbl per monthmcf per month002050401006015080200100250Jul 20OctJan 21AprJulOctJan 22AprJulOctJan 23Apr
No oil produced in the last 12 monthsMonthly oil production and gas for REID, Jul 2020 to Jun 2023. No oil produced in the last 12 months. The last month with output was Mar 2021, at 16 bbl.Last 12 monthsbbl per monthmcf per month002050401006015080200100250Jul 20Jan 21JulJan 22JulJan 23

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

57% of the gas went to flaring in the 10 months reported

Flaring peaked at 100.0% of the gas in Apr 2021.

  • Lease fuel (1)
  • Flared (4)
57% of the gas went to flaring in the 10 months reportedShare of REID gas by disposition code each month, Jul 2020 to Jun 2023. 57% of the gas went to flaring in the 10 months reported. Flaring peaked at 100.0% of the gas in Apr 2021.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Jul 20OctJan 21AprJulOctJan 22AprJulOctJan 23Apr
57% of the gas went to flaring in the 10 months reportedShare of REID gas by disposition code each month, Jul 2020 to Jun 2023. 57% of the gas went to flaring in the 10 months reported. Flaring peaked at 100.0% of the gas in Apr 2021.Share of gas by disposition code0%50%100%Flared 100.0%Jul 20Jan 21JulJan 22JulJan 23

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Flared (4)

    57% · 995 mcf

  • Lease fuel (1)

    43% · 762 mcf

56.6% of the gas flared in the 10 months reported. 8 months above 3%.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100May 1, 2021–
Dcp Operating Company, LPCasinghead gasBuys100Jan 1, 2019–
Dcp Operating Company, LPCasinghead gasGathers100Jan 1, 2019–
Bridger Transportation, LLCOilGathers100Jan 1, 2019May 1, 2021

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

Who buys my oilOil price check

160 acres on the newest permit

Permits for Reid
API numberWell no.Acreson the permit
42-317-324711160

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for REID
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jun 2023013000$70.25$2.18
May 202300000$71.58$2.15
Apr 202300000$79.45$2.16
Mar 202300000$73.28$2.31
Feb 202300000$76.83$2.38
Jan 202300000$78.12$3.27
Dec 202200000$76.44$5.53
Nov 202200000$84.37$5.45
Oct 202200000$87.55$5.66
Sep 202200000$84.26$7.88
Aug 202200000$93.67$8.81
Jul 202200000$101.62$7.28
Jun 202200000$114.84$7.70
May 202200000$109.55$8.14
Apr 202200000$101.78$6.60
Mar 202200000$108.50$4.90
Feb 202200000$91.64$4.69
Jan 202200000$83.22$4.38
Dec 202100000$71.71$3.76
Nov 202100000$79.15$5.05
Oct 202100000$81.48$5.51
Sep 202100000$71.65$5.16
Aug 202100000$67.73$4.07
Jul 202100000$72.49$3.84
Jun 202100000$71.38$3.26
May 20210123000$65.17$2.91
Apr 20210070070$61.72$2.66
Mar 20211602420155$62.33$2.62
Feb 20214701780100$59.04$5.35
Jan 2021601812420155$52.00$2.71
Dec 20205602420155$47.02$2.58
Nov 20205602340150$40.94$2.61
Oct 2020531802420155$39.40$2.39
Sep 2020450139055$39.63$1.92
Aug 20205708100$42.34$2.30
Jul 20207408700$40.71$1.76

Flared above 3%

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

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area)CountyMartin County

Pioneer Natural Res. USA, Inc. in Martin County

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Spraberry (Trend Area) field

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New drilling permits in Martin County

Newest in the county: this lease has no coordinates.