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Texas oil lease

No report in 6+ months

REED CONSOLIDATED

Reed Consolidated is an oil lease in Caldwell County, Texas, operated by Petrosaurus, Inc. in the Salt Flat, West field.

19 wells

3bbl oil, last 12 months−89% vs prior year
Operator
Petrosaurus, Inc.
County
Caldwell County
Field
Salt Flat, West
RRC lease
01-07188

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Where it sits

This county

Caldwell CountyCaldwellComalGonzalesFayetteTravisBastropLeeHaysGuadalupeCaldwell County
Caldwell County
Oil in Feb 2022
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • P-5

    The current operator's P-5 registration is listed as delinquent (last P-5 filed Oct 26, 2020).

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

  • Wells

    All 23 wells on this lease are marked plugged.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 89% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 89% over the last 12 monthsMonthly oil production for REED CONSOLIDATED, Jan 2020 to Feb 2022. Oil output fell 89% over the last 12 months. 3 bbl in the 12 months through Feb 2022, against 28 bbl in the 12 months before.Last 12 months: 3 bblbbl per month012345Jan 20AprJulOctJan 21AprJulOctJan 22
Oil output fell 89% over the last 12 monthsMonthly oil production for REED CONSOLIDATED, Jan 2020 to Feb 2022. Oil output fell 89% over the last 12 months. 3 bbl in the 12 months through Feb 2022, against 28 bbl in the 12 months before.Last 12 monthsbbl per month012345Jan 20JulJan 21JulJan 22

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.

19 wells on this lease

Wells on REED CONSOLIDATED
API numberWell no.Status
42-055-311711MActive
42-055-315851ABActive
42-055-315862ABActive
42-055-316461BActive
42-055-316994EActive
42-055-317023GActive
42-055-317031EActive
42-055-317042EActive
42-055-317102JActive
42-055-317123EActive
42-055-317131NActive
42-055-317172Active
42-055-317202LActive
42-055-317211KActive
42-055-317221LActive
42-055-317281CActive
42-055-317293LActive
42-055-317302CActive
42-055-32214R 1Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Ace Gathering, Inc.OilGathers100May 1, 2018

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

Who buys my oilOil price check

5 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 2 and 73 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    23 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.

  • Good to know

    All listed wells are plugged

    The RRC wellbore records mark all listed wells as plugged. These records do not show whether earlier royalties remain payable. Ask the payor about any unpaid months.

Check your decimal on this lease
Permits for Reed Consolidated
API numberWell no.Acreson the permit
42-055-315851AB5
42-055-315862AB5
42-055-32214R 173
42-055-3171724
42-055-317172A4
42-055-317172N4
42-055-317202L6
42-055-317211K2
42-055-317221L6
42-055-311711M2
42-055-316994E9
42-055-317023G7

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

Unit decimal checker

Estimate your royalty

26 months, newest first

Ledger for REED CONSOLIDATED
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Feb 202200$91.64$4.69
Jan 202200$83.22$4.38
Dec 202100$71.71$3.76
Nov 202100$79.15$5.05
Oct 202100$81.48$5.51
Sep 202100$71.65$5.16
Aug 202100$67.73$4.07
Jul 202100$72.49$3.84
Jun 202100$71.38$3.26
May 202100$65.17$2.91
Apr 202100$61.72$2.66
Mar 202130$62.33$2.62
Feb 202140$59.04$5.35
Jan 202140$52.00$2.71
Dec 202000$47.02$2.58
Nov 202000$40.94$2.61
Oct 202000$39.40$2.39
Sep 202000$39.63$1.92
Aug 202000$42.34$2.30
Jul 202040$40.71$1.76
Jun 202020$38.31$1.63
May 202040$28.56$1.75
Apr 202050$16.55$1.74
Mar 202050$29.21$1.79
Feb 202000$50.54$1.91
Jan 202000$57.52$2.02

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

OperatorPetrosaurus, Inc.FieldSalt Flat, WestCountyCaldwell County

Petrosaurus, Inc. in Caldwell County

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

Salt Flat, West field

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