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Texas oil lease · RRC district 8A · Lease 62523

Producing

REED WRIGHT "B"

Reed Wright "B" is an oil lease in Cochran County, Texas, operated by Aviator Energy, LLC in the Levelland field. The Railroad Commission shows 24,935 bbl of oil in the 12 months through Jun 2026.

Oil lease dossier · 50 wells

24,935bbl oil, last 12 months−8% vs prior year
RRC lease
8A-62523

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Where it sits

This county

Cochran CountyCochranHockleyLambBaileyCochran County
Cochran County · RRC district 8AOpen Cochran County →
Gas, last 12 months
5,550 mcf
Oil in Jun 2026
1,814 bbl
Reporting to the state
since Jan 2020
Wells
50

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 8% over the last 12 months

22,789 bbl in the 12 months through Jul 2026, against 24,803 bbl in the 12 months before. Jul 2026 was not reported. A red cross marks each one.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 8% over the last 12 monthsMonthly oil production and gas for REED WRIGHT "B", Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 22,789 bbl in the 12 months through Jul 2026, against 24,803 bbl in the 12 months before.Last 12 months: 22,789 bblbbl per monthmcf per month001,0002002,0004003,0006004,000800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 8% over the last 12 monthsMonthly oil production and gas for REED WRIGHT "B", Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 22,789 bbl in the 12 months through Jul 2026, against 24,803 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002002,0004003,0006004,000800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 62523, district 8A. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

All of the gas went to a transmission line in the last 12 months

Each bar is one month. Colors are the disposition codes the operator reported.

All of the gas went to a transmission line in the last 12 monthsShare of REED WRIGHT "B" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of REED WRIGHT "B" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 62523, district 8A. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

None of the gas was flared in the last 12 months.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Apr 2026

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeHexp Operating, LLC, Jan 2020 to Mar 2026; Aviator Energy, LLC, Apr 2026 to Jun 20262020202120222023202420252026Changed Apr 2026Hexp Operating, LLCJan 2020 to Mar 2026Aviator Energy, LLCApr 2026 to now
Operators of this lease over timeHexp Operating, LLC, Jan 2020 to Mar 2026; Aviator Energy, LLC, Apr 2026 to Jun 20262020202120222023202420252026Changed Apr 2026Hexp Operating, LLCJan 2020 to Mar 2026Aviator Energy, LLCApr 2026 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

50 wells on this lease

Every well the Railroad Commission links to oil lease 62523 in district 8A. The API number is the state’s ID for a well.
Wells on REED WRIGHT "B"
API numberWell no.Status
42-079-0240712Active
42-079-302221Active
42-079-310668Active
42-079-312883Shut-in
42-079-312892Active
42-079-312904Active
42-079-316739Active
42-079-316747Active
42-079-316756Active
42-079-3195910Active
42-079-3206213Active
42-079-3206411Active
42-079-3210814Active
42-079-3210917Active
42-079-3211116Active
42-079-3218718Active
42-079-3224020Active
42-079-3224119Shut-in
42-079-3242021Active
42-079-3243922Active
42-079-3244023Active
42-079-3245826Active
42-079-3245925Active
42-079-3246024Active
42-079-3277428Active
42-079-3277529Active
42-079-3277630Active
42-079-328364 AShut-in
42-079-3287331Active
42-079-3287432Active
42-079-3287533Active
42-079-3287634Active
42-079-3287735Active
42-079-3293439Active
42-079-3293537Active
42-079-3293636Active
42-079-3293738Active
42-079-3293840Active
42-079-3295527Active
42-079-331269AShut-in
42-079-3319241Shut-in
42-079-3320516AActive
42-079-3322443Active
42-079-3322542Active
42-079-3322810AShut-in
42-079-3325644Active
42-079-3326747Active
42-079-3326817AShut-in
42-079-3329811AActive
42-079-3329919AActive

SourceTexas Railroad Commission Wellbore Query, district 8A, lease 62523.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.
  • Oil

    Redbud Energy Marketing LLC gathers it.

    100% of it, on the list since Feb 1, 2025

  • Gas from oil wells

    Targa Midstream Services LLC buys and gathers it.

    Targa Midstream Services LLC buys it: 100% of it, on the list since Apr 1, 2026 · Targa Midstream Services LLC gathers it: 100% of it, on the list since Apr 1, 2026

Companies that used to be listed: Axis Energy Marketing, LLC (gathers it, until Feb 1, 2025); Axis Energy Marketing, LLC (gathers it, until Apr 1, 2021); Sentinel Transportation, LLC (gathers it, until Apr 1, 2021); Sentinel Transportation, LLC (gathers it, until Feb 1, 2021); Targa Midstream Services LLC (gathers it, until Aug 1, 2020); Targa Midstream Services LLC (buys it, until Aug 1, 2020).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Unit and wells

985 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
5240 not plugged
Horizontal
0
First completion
Jul 20, 1979
Latest permit
Nov 4, 2015

52 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.

Wells and acres on the permits for Reed Wright "B"
API numberWell no.Acreson the permit
42-079-0240712985
42-079-3329811A985
42-079-3329919A985
42-079-3326747985
42-079-3326817A985
42-079-3325644985
42-079-3322810A985
42-079-3322443985
42-079-3322542985
42-079-3320516A985
42-079-3319241985
42-079-331269A985

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says REED WRIGHT "B" sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for REED WRIGHT "B"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Aviator Energy,1,8141,8176176170$84.81$3.15
May 2026Aviator Energy,2,0532,1574724720$102.13$2.94
Apr 2026Aviator Energy,2,1662,1476416410$100.32$2.77
Mar 2026Hexp Operating,2,2552,3486196190$91.38$3.04
Feb 2026Hexp Operating,1,8732,0373673670$64.51$3.62
Jan 2026Hexp Operating,1,8451,6824324320$60.04$7.72
Dec 2025Hexp Operating,2,2582,0294904900$57.97$4.26
Nov 2025Hexp Operating,2,1742,2705935930$60.06$3.79
Oct 2025Hexp Operating,2,1252,1656446440$60.89$3.19
Sep 2025Hexp Operating,2,0522,1812902900$63.96$2.97
Aug 2025Hexp Operating,2,1742,1592192190$64.86$2.91
Jul 2025Hexp Operating,2,1461,9521661660$68.39$3.20
Jun 2025Hexp Operating,1,9681,8672782780$68.17$3.02
May 2025Hexp Operating,1,8972,080000$62.17$3.12
Apr 2025Hexp Operating,1,9822,0921871870$63.54$3.42
Mar 2025Hexp Operating,1,4011,5111631630$68.24$4.12
Feb 2025Hexp Operating,2,0791,8062052050$71.53$4.19
Jan 2025Hexp Operating,2,2002,1572002000$75.74$4.13
Dec 2024Hexp Operating,2,2832,3541921920$70.12$3.01
Nov 2024Hexp Operating,2,2522,1681431430$69.95$2.12
Oct 2024Hexp Operating,2,2252,4382422420$71.99$2.20
Sep 2024Hexp Operating,2,1312,1782742740$70.24$2.28
Aug 2024Hexp Operating,2,2392,22875750$76.68$1.99
Jul 2024Hexp Operating,2,5352,3414034030$81.80$2.07
Jun 2024Hexp Operating,2,1002,3813463460$79.77$2.54
May 2024Hexp Operating,2,1461,8372112110$80.02$2.12
Apr 2024Hexp Operating,2,2062,1543693690$85.35$1.60
Mar 2024Hexp Operating,2,2182,3332232230$81.28$1.49
Feb 2024Hexp Operating,2,0491,9842882880$77.25$1.72
Jan 2024Hexp Operating,2,2792,6583573570$74.15$3.18
Dec 2023Hexp Operating,3,0782,742000$71.90$2.52
Nov 2023Hexp Operating,1,9831,9584844840$77.69$2.71
Oct 2023Hexp Operating,2,2042,4731061060$85.64$2.98
Sep 2023Hexp Operating,2,2852,3442512510$89.43$2.64
Aug 2023Hexp Operating,2,3702,1374784780$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

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Upload your statements for REED WRIGHT "B". We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Aviator Energy, LLC.

  • A month that was never paid
  • Your share of the barrels and mcf
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  • Fees taken on gas
  • Late payment interest

Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

Aviator Energy, LLC in Cochran County

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Levelland field

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Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jun 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 62523, district 8A, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.