Reed

Oil & Gas Property in Wheeler County, TX

  2. Texas
  3. Wheeler County, TX
  4. Oil & Gas Properties in Wheeler County, TX
  5. Reed Oil & Gas Property

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Property Summary

Key data points for Reed

CountyWheeler County, TX
Production DatesJan 1993 - Dec 2024
Total Oil Production68,637 BBLs
Total Gas Production5,884,140 MCF
Recent Oil Production71 BBLs in Nov 2024
Recent Gas Production9,568 MCF in Nov 2024
Wells on Property7

Our Valuation Estimates for Reed

ShaleAssessment™

$27,997 *

MarketMultiple™

$38,959 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Reed Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Reed
from Jan 1993 to Dec 2024

Wells on Reed

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-483-30875REED 1-2APACHE CORPORATIONDry HoleWheeler County, TX35.557229-100.026964
42-483-31025REED 1APRESIDIO PETROLEUM LLCProducingWheeler County, TX35.557229-100.026796
42-483-31356REED 2APACHE CORPORATIONPlugged Gas WellWheeler County, TX35.548796-100.037267
42-483-31378REED 3PRESIDIO PETROLEUM LLCTemp AbandonedWheeler County, TX35.557671-100.037166
42-483-31487REED 4UNBRIDLED RESOURCES, LLCTemp AbandonedWheeler County, TX35.551662-100.038137
42-483-32907REED 502HPRESIDIO PETROLEUM LLCProducingWheeler County, TX35.546785-100.034886
42-483-33211REED 602HPRESIDIO PETROLEUM LLCTemp AbandonedWheeler County, TX35.560370-100.030573

Leases included in Reed

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
10-101054REED 1AAPACHE CORPORATIONWheeler County, TX
10-127626REED 2LINN OPERATING, INC.Wheeler County, TX
10-129180REED 3PRESIDIO PETROLEUM LLCWheeler County, TX
10-168159REED 4UNBRIDLED RESOURCES, LLCWheeler County, TX
10-234119REED 1APRESIDIO PETROLEUM LLCWheeler County, TX
10-258000REED 502HPRESIDIO PETROLEUM LLCWheeler County, TX
10-262850REED 602HPRESIDIO PETROLEUM LLCWheeler County, TX
10-268652REED 1APRESIDIO PETROLEUM LLCWheeler County, TX

Operators Associated With Reed

Nearby Properties

These are the closest 20 properties to the Reed property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BessireRoger Mills County, OK0 BBLs0 MCFDec 2014
BrittWheeler County, TX684 BBLs30,626 MCFDec 2024
BrittWheeler County, TX994 BBLs119,477 MCFDec 2024
BrittWheeler County, TX702 BBLs51,483 MCFDec 2024
Britt RanchWheeler County, TX3,709 BBLs206,158 MCFDec 2024
ByrdWheeler County, TX251 BBLs15,792 MCFDec 2024
D Britt 4Wheeler County, TX451 BBLs40,352 MCFDec 2024
Dobson RanchWheeler County, TX980 BBLs51,206 MCFDec 2024
FieldsWheeler County, TX0 BBLs0 MCFJun 2024
Hall 23Wheeler County, TX0 BBLs0 MCFJun 2024
Key 1Wheeler County, TX124 BBLs6,276 MCFDec 2024
KikerWheeler County, TX0 BBLs0 MCFJun 2024
MillerWheeler County, TX134 BBLs9,557 MCFDec 2024
ParksWheeler County, TX58 BBLs8,001 MCFDec 2024
PetersonRoger Mills County, OK0 BBLs640 MCFNov 2024
Sayre RanchRoger Mills County, OK182 BBLs3,976 MCFNov 2024
Sheryl T 3Wheeler County, TX31 BBLs3,486 MCFDec 2024
Smith A.CWheeler County, TX345 BBLs14,959 MCFDec 2024
Troy 23Wheeler County, TX14 BBLs888 MCFDec 2024
TuckerRoger Mills County, OK0 BBLs12,982 MCFNov 2024

Companies in the Area

These are the closest 20 companies operating near the Reed property.

Company Name
Apache Corporation
Arkla Exploration Co.
Chesapeake Operating LLC
Chesapeake Operating, Inc.
Cordillera Energy Partners III LLC
Dominion Oklahoma Texas E&P, Inc
Enron Oil & Gas Company
Focus Energy, Inc.
Investment Operating Co
Linn Operating, Inc.
MMGL TXPH, LLC
Newfield Expl. Mid-Con. Inc
Presidio Petroleum LLC
RTC Resources, LLP
Samson Resources Company
Sonat Exploration Company-MCR
Teocalli Exploration LLC
Txo Production Corp.
Unbridled Resources, LLC
Upland Resources, Inc.

Frac'ing activity on Reed

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-483-31025Reed 1-2A
42-483-33211Reed #6-2H

Owners of Reed

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PRESIDIO PETROLEUM LLC(WI)REED #502HPRESIDIO PETROLEUM
2024D & F FAMILY LTD PARTNERSHIPREED #502HPRESIDIO PETROLEUM
2024PRESIDIO PETROLEUM LLC(WI)REED #1APRESIDIO PETROLEUM
2024UNBRIDLED RESOURCES LLC(WI)REED #4UNBRIDLED RESOURCES
2024GIBBONS JANIS MREED #502HPRESIDIO PETROLEUM
2024PHX MINERALS INCREED #502HPRESIDIO PETROLEUM
2024BURRESS ALICE & BILLEREED #502HPRESIDIO PETROLEUM
2024SABINE ROYALTY TRUSTREED #502HPRESIDIO PETROLEUM
Displaying 8 of 71 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Reed

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
10-258000REED 502HSep 2024CP ENERGY, L.L.C.PRESIDIO PETROLEUM LLC
10-258000REED 502HSep 2024PRESIDIO PETROLEUM LLC
10-258000REED 502HSep 2024PRESIDIO PETROLEUM LLC
10-268652REED 1ASep 2024PRESIDIO PETROLEUM LLC
10-268652REED 1ASep 2024PRESIDIO PETROLEUM LLC
10-258000REED 502HAug 2024PRESIDIO PETROLEUM LLC
10-258000REED 502HAug 2024PRESIDIO PETROLEUM LLC
10-268652REED 1AAug 2024PRESIDIO PETROLEUM LLC
10-268652REED 1AAug 2024PRESIDIO PETROLEUM LLC
10-258000REED 502HJul 2024PRESIDIO PETROLEUM LLC
10-258000REED 502HJul 2024PRESIDIO PETROLEUM LLC
10-268652REED 1AJul 2024CP ENERGY, L.L.C.PRESIDIO PETROLEUM LLC
10-268652REED 1AJul 2024PRESIDIO PETROLEUM LLC
10-268652REED 1AJul 2024PRESIDIO PETROLEUM LLC
10-258000REED 502HJun 2024CP ENERGY, L.L.C.PRESIDIO PETROLEUM LLC
10-258000REED 502HJun 2024PRESIDIO PETROLEUM LLC
10-258000REED 502HJun 2024PRESIDIO PETROLEUM LLC
10-268652REED 1AJun 2024PRESIDIO PETROLEUM LLC
10-268652REED 1AJun 2024PRESIDIO PETROLEUM LLC
10-258000REED 502HMay 2024CP ENERGY, L.L.C.PRESIDIO PETROLEUM LLC
10-258000REED 502HMay 2024PRESIDIO PETROLEUM LLC
10-258000REED 502HMay 2024PRESIDIO PETROLEUM LLC
10-268652REED 1AMay 2024PRESIDIO PETROLEUM LLC
10-268652REED 1AMay 2024PRESIDIO PETROLEUM LLC
10-258000REED 502HApr 2024PRESIDIO PETROLEUM LLC