REED
REED is a Texas gas lease in Parker County, Railroad Commission district 09, operated by Talon Oil & Gas Llc. It has 1 wellbore on file with the Commission. Reported production runs from November 2010 to August 2026, totalling 1,499,702 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $7K, with roughly $1K expected over the next twelve months.
| Operator | Talon Oil & Gas Llc |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Parker County, Texas |
| RRC district | 09 |
| Lease number | 259063 |
| Wellbores | 1 |
| Reported production | 1,499,702 mcf |
| First reported | November 2010 |
| Last reported | August 2026 |
| Estimated royalty value | $7K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.