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 - Jun 2025
Total Oil Production69,375 BBLs
Total Gas Production5,943,146 MCF
Recent Oil Production127 BBLs in May 2025
Recent Gas Production10,030 MCF in May 2025
Wells on Property7

Our Valuation Estimates for Reed

ShaleAssessment™

$26,079 *

MarketMultiple™

$55,777 **

* 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 Jun 2025

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, TX569 BBLs25,936 MCFMay 2025
BrittWheeler County, TX1,015 BBLs116,605 MCFJun 2025
BrittWheeler County, TX606 BBLs44,093 MCFJun 2025
Britt RanchWheeler County, TX3,776 BBLs227,281 MCFJun 2025
ByrdWheeler County, TX111 BBLs16,322 MCFJun 2025
D Britt 4Wheeler County, TX449 BBLs44,584 MCFJun 2025
Dobson RanchWheeler County, TX838 BBLs61,306 MCFJun 2025
FieldsWheeler County, TX0 BBLs0 MCFJun 2024
Hall 23Wheeler County, TX0 BBLs0 MCFJun 2024
Key 1Wheeler County, TX106 BBLs6,213 MCFJun 2025
KikerWheeler County, TX0 BBLs0 MCFJun 2024
MillerWheeler County, TX134 BBLs8,749 MCFMay 2025
ParksWheeler County, TX37 BBLs7,085 MCFJun 2025
PetersonRoger Mills County, OK0 BBLs2,655 MCFMay 2025
Sayre RanchRoger Mills County, OK189 BBLs4,735 MCFMay 2025
Sheryl T 3Wheeler County, TX45 BBLs4,505 MCFJun 2025
Smith A.CWheeler County, TX307 BBLs22,098 MCFJun 2025
Troy 23Wheeler County, TX15 BBLs495 MCFJun 2025
TuckerRoger Mills County, OK0 BBLs15,284 MCFMay 2025

Companies in the Area

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

Company Name
Apache Corporation
Arkla Exploration Co.
Avalanche Oil & Gas LLC
Chesapeake Operating LLC
Chesapeake Operating, Inc.
Dominion Oklahoma Texas E&P, Inc
Enron Oil & Gas Company
Exxon Mobil Corporation
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
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
2025PRESIDIO PETROLEUM LLC(WI)REED #502HPRESIDIO PETROLEUM
2025PRESIDIO PETROLEUM LLC(WI)REED #1APRESIDIO PETROLEUM
2025D & F FAMILY LTD PARTNERSHIPREED #502HPRESIDIO PETROLEUM
2025GIBBONS JANIS MREED #502HPRESIDIO PETROLEUM
2025PHX MINERALS INCREED #502HPRESIDIO PETROLEUM
2025BURRESS ALICE & BILLEREED #502HPRESIDIO PETROLEUM
2025SABINE ROYALTY TRUSTREED #502HPRESIDIO PETROLEUM
2025THOMPSON REVOCABLE TRUSTREED #502HPRESIDIO PETROLEUM
Displaying 8 of 73 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 502HMar 2025CP ENERGY, L.L.C.PRESIDIO PETROLEUM LLC
10-258000REED 502HMar 2025PRESIDIO PETROLEUM LLC
10-258000REED 502HMar 2025PRESIDIO PETROLEUM LLC
10-268652REED 1AMar 2025PRESIDIO PETROLEUM LLC
10-268652REED 1AMar 2025PRESIDIO PETROLEUM LLC
10-258000REED 502HFeb 2025PRESIDIO PETROLEUM LLC
10-258000REED 502HFeb 2025PRESIDIO PETROLEUM LLC
10-268652REED 1AFeb 2025PRESIDIO PETROLEUM LLC
10-268652REED 1AFeb 2025PRESIDIO PETROLEUM LLC
10-258000REED 502HJan 2025PRESIDIO PETROLEUM LLC
10-258000REED 502HJan 2025PRESIDIO PETROLEUM LLC
10-268652REED 1AJan 2025PRESIDIO PETROLEUM LLC
10-268652REED 1AJan 2025PRESIDIO PETROLEUM LLC
10-258000REED 502HDec 2024CP ENERGY, L.L.C.PRESIDIO PETROLEUM LLC
10-258000REED 502HDec 2024PRESIDIO PETROLEUM LLC
10-258000REED 502HDec 2024PRESIDIO PETROLEUM LLC
10-268652REED 1ADec 2024PRESIDIO PETROLEUM LLC
10-268652REED 1ADec 2024PRESIDIO PETROLEUM LLC
10-258000REED 502HNov 2024CP ENERGY, L.L.C.PRESIDIO PETROLEUM LLC
10-258000REED 502HNov 2024PRESIDIO PETROLEUM LLC
10-258000REED 502HNov 2024PRESIDIO PETROLEUM LLC
10-268652REED 1ANov 2024PRESIDIO PETROLEUM LLC
10-268652REED 1ANov 2024PRESIDIO PETROLEUM LLC
10-258000REED 502HOct 2024PRESIDIO PETROLEUM LLC
10-258000REED 502HOct 2024PRESIDIO PETROLEUM LLC