REED, S.H.

REED, S.H. is a Texas oil lease in Goliad County, Railroad Commission district 02, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from November 1998 to August 2026, totalling 10,059 barrels. 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 $4K, with roughly $656 expected over the next twelve months.

OperatorPhillips Petroleum Company
FieldCabeza Creek, S. (Yegua 4747)
CountyGoliad County, Texas
RRC district02
Lease number08417
Wellbores1
Reported production10,059 bbl
First reportedNovember 1998
Last reportedAugust 2026
Estimated royalty value$4K

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.