REED -B-
REED -B- is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Conocophillips Company. It has 5 wellbores on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 61,558 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 $16K, with roughly $5K expected over the next twelve months.
| Operator | Conocophillips Company |
|---|---|
| Field | Howard Glasscock (Consolidated) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 41248 |
| Wellbores | 5 |
| Reported production | 61,558 bbl |
| First reported | December 2011 |
| Last reported | August 2026 |
| Estimated royalty value | $16K |
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.