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 - Mar 2026
Total Oil Production70,355 BBLs
Total Gas Production6,034,211 MCF
Recent Oil Production29 BBLs in Feb 2026
Recent Gas Production9,656 MCF in Feb 2026
Wells on Property7

Our Valuation Estimates for Reed

ShaleAssessment™

$23,178 *

MarketMultiple™

$66,318 **

* 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 Mar 2026

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 3United Oil & Shale 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 3United Oil & Shale 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, TX562 BBLs41,723 MCFMar 2026
BrittWheeler County, TX526 BBLs43,411 MCFMar 2026
BrittWheeler County, TX1,042 BBLs104,968 MCFMar 2026
Britt RanchWheeler County, TX3,848 BBLs169,894 MCFMar 2026
ByrdWheeler County, TX103 BBLs8,817 MCFMar 2026
D Britt 4Wheeler County, TX358 BBLs34,834 MCFMar 2026
Dobson RanchWheeler County, TX980 BBLs59,482 MCFMar 2026
FieldsWheeler County, TX0 BBLs0 MCFJun 2024
Hall 23Wheeler County, TX0 BBLs0 MCFJun 2024
Key 1Wheeler County, TX136 BBLs5,735 MCFMar 2026
KikerWheeler County, TX0 BBLs0 MCFJun 2024
MillerWheeler County, TX147 BBLs5,208 MCFMar 2026
ParksWheeler County, TX51 BBLs6,322 MCFMar 2026
PetersonRoger Mills County, OK0 BBLs690 MCFMar 2026
Sayre RanchRoger Mills County, OK0 BBLs4,706 MCFMar 2026
Sheryl T 3Wheeler County, TX44 BBLs3,617 MCFMar 2026
Smith A.CWheeler County, TX278 BBLs20,320 MCFMar 2026
Troy 23Wheeler County, TX0 BBLs0 MCFDec 2025
TuckerRoger Mills County, OK0 BBLs13,274 MCFMar 2026

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
Dominion Oklahoma Texas E&P, Inc
Enron Oil & Gas Company
Exxon Mobil Corporation
Focus Energy, Inc.
Investment Operating Co
Linn Operating, Inc.
Martin'S Resources LLC
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 502HFeb 2026CP ENERGY, L.L.C.PRESIDIO PETROLEUM LLC
10-258000REED 502HFeb 2026AEGIS PHYSICAL, LLCPRESIDIO PETROLEUM LLC
10-258000REED 502HFeb 2026PRESIDIO PETROLEUM LLC
10-268652REED 1AFeb 2026PRESIDIO PETROLEUM LLC
10-258000REED 502HJan 2026AEGIS PHYSICAL, LLCPRESIDIO PETROLEUM LLC
10-258000REED 502HJan 2026PRESIDIO PETROLEUM LLC
10-268652REED 1AJan 2026PRESIDIO PETROLEUM LLC
10-258000REED 502HDec 2025CP ENERGY, L.L.C.PRESIDIO PETROLEUM LLC
10-258000REED 502HDec 2025AEGIS PHYSICAL, LLCPRESIDIO PETROLEUM LLC
10-258000REED 502HDec 2025PRESIDIO PETROLEUM LLC
10-268652REED 1ADec 2025PRESIDIO PETROLEUM LLC
10-258000REED 502HNov 2025AEGIS PHYSICAL, LLCPRESIDIO PETROLEUM LLC
10-258000REED 502HNov 2025PRESIDIO PETROLEUM LLC
10-268652REED 1ANov 2025PRESIDIO PETROLEUM LLC
10-258000REED 502HOct 2025CP ENERGY, L.L.C.PRESIDIO PETROLEUM LLC
10-258000REED 502HOct 2025AEGIS PHYSICAL, LLCPRESIDIO PETROLEUM LLC
10-258000REED 502HOct 2025PRESIDIO PETROLEUM LLC
10-268652REED 1AOct 2025PRESIDIO PETROLEUM LLC
10-258000REED 502HSep 2025CP ENERGY, L.L.C.PRESIDIO PETROLEUM LLC
10-258000REED 502HSep 2025PRESIDIO PETROLEUM LLC
10-268652REED 1ASep 2025PRESIDIO PETROLEUM LLC
10-258000REED 502HAug 2025PRESIDIO PETROLEUM LLC
10-268652REED 1AAug 2025PRESIDIO PETROLEUM LLC
10-258000REED 502HJul 2025CP ENERGY, L.L.C.PRESIDIO PETROLEUM LLC
10-258000REED 502HJul 2025PRESIDIO PETROLEUM LLC