Texas operator · RRC P-5 102257
Reed Exploration LLC
Reed Exploration LLC runs 7 producing leases in 3 Texas counties. The Railroad Commission shows 13,703 barrels of oil and 98,140 mcf of gas in the 12 months through Jul 2026.
Operator dossier · 3 counties
- Producing leases
- 7of 13 on record
- Counties
- 3
- Biggest county
- Madison County
- Biggest field
- Fort Trinidad, East (Buda)
Get checks from Reed Exploration LLC?
Upload a royalty check stub or a phone photo. We compare each month with the state numbers for the lease and tell you what to ask.
Where they work
fewermore
- Gas, last 12 months
- 98,140 mcf
- RRC operator no.
- 102257
- Leases on record
- 13
- Data through
- Jul 2026
Production
Five years of Reed Exploration LLC output
Oil output from Reed Exploration LLC rose 170% over the last 12 months
13.7k bbl in the 12 months through Jul 2026, against 5,081 bbl in the 12 months before. Peak month: Oct 2025, 1,557 bbl.
Gas output from Reed Exploration LLC rose 13% over the last 12 months
98.1k mcf in the 12 months through Jul 2026, against 87k mcf in the 12 months before. Peak month: May 2025, 11.6k mcf.
SourceTexas Railroad Commission, Production Data Query, summed over every lease reported under operator 102257. Reported through Jul 2026, file dated Sep 18, 2026. The newest month is often revised as operators file late.
Leases
Reed Exploration LLC leases, biggest first
5,989bbl oilno full prior year
2,594bbl oilno full prior year
1,977bbl oil+5% on the year before
1,775bbl oil+9% on the year before
1,004bbl oil+119% on the year before
268bbl oil−45% on the year before
96bbl oil−9% on the year before
Showing 7 of 7.
SourceTexas Railroad Commission, Production Data Query. Ranked by an approximate value of last-12-month output, so oil and gas wells sort together.
Where they work
Counties and fields where Reed Exploration LLC produces
Counties, by Reed Exploration LLC oil
Madison County leads
Fields, by Reed Exploration LLC oil
Fort Trinidad, East (Buda) leads
Recent drilling permits for Reed Exploration LLC
No recent drilling permits for Reed Exploration LLC are in our data yet.
How to read the statement
How to read a Reed Exploration LLC royalty statement
The header: who paid you, and for which check
Look for the payor name, your owner number, the check number and the check date. Keep the owner number: every call or letter to the operator starts with it.
What we knowReed Exploration LLC is Railroad Commission operator 102257. The name on your check may be a parent company or a payment subsidiary.
The property line: which lease this is
Each lease you own in gets its own block, named as the operator names it. That name can be shorter than the state's, or carry a suffix such as a well number or unit letter.
What we knowReed Exploration LLC runs 7 producing leases across 3 counties, so one check can list many properties. Find yours in the table above by name, or search for the name printed on the stub.
Product and volume: barrels, mcf, and the month
The stub shows the production month (the production month, not the check month), the product and your share of the volume. Divide your volume by your decimal to get the lease total, then compare it with the lease page.
What we knowFor example, open IRON DUKE (ALLOCATION), IRON DUKE or NGR BARRETT and read the “oil sold” and “gas sold” columns.
Price: what the operator says it got
Oil is usually close to the WTI benchmark for the month. Gas prices vary widely: they depend on where the gas is sold and on what the operator subtracts before it reports a price.
What we knowGas is most of what Reed Exploration LLC reports, so the gas price line, and what was subtracted from it, matters more on its statements than the oil price.
Deductions: gathering, compression, processing
Costs taken after the well. Some leases allow them and some do not; your lease and division order say which. A deduction that appears in one month and not the next is worth a question.
What we knowAbout 100% of the gas Reed Exploration LLC reported in the last 12 months went to processing plants, so expect processing and plant-product lines on gas statements. Another 0.0% went straight to a pipeline.
Taxes: severance and ad valorem
Texas severance tax is taken from your share: 4.6% of oil value and 7.5% of gas value at market. Ad valorem tax may also appear. The rate on your stub should match these.
Net: gross, minus deductions and taxes, times your share
Check the arithmetic: volume times price gives gross value, then subtract deductions and taxes. If the net does not match your check, or a month is missing, that is the first thing to ask about.
At a glance
Reed Exploration LLC
- RRC operator number (P-5)
- 102257
- Producing leases
- 7
- Counties
- 3
- Biggest county
- Madison County
- Oil, last 12 months
- 13,703 bbl
- Gas sent to plants
- 100%
- Gas sold to pipelines
- 0.0%
- Gas flared or vented
- 0.0%
Owner relations
Who to call at Reed Exploration LLC
We have not yet added Reed Exploration LLC’s owner relations phone, mailing address or online portal. It is usually printed at the top or bottom of your statement. The Railroad Commission also holds an address for the operator under number 102257.
When there is something to ask