REED 14
REED 14 is a Texas oil lease in Sterling County, Railroad Commission district 08, operated by Enduring Resources, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2014 to August 2026, totalling 111,131 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.4M, with roughly $244K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 233 barrels a month. Its strongest month on the record we hold was July 2016, at 1,273 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about REED 14
- Who operates REED 14?
- REED 14 is operated by Enduring Resources, LLC, Railroad Commission of Texas operator number 252014.
- Where is REED 14?
- REED 14 is a Texas oil lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45108.
- Is REED 14 still producing?
- REED 14 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REED 14 is August 2026.
- How much has REED 14 produced?
- REED 14 has reported 111,131 barrels of oil (bbl) to the Railroad Commission of Texas between January 2014 and August 2026, from 1 wellbore.
- How much is REED 14 worth?
- The remaining production from REED 14 is estimated to be worth about $1.4M in total as of 27 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REED 14 is a fraction of it. The estimate fits an Arps decline curve to the production REED 14 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REED 14 is an estimate of value, not an offer and not an appraisal.
- How much income does REED 14 generate in a year?
- REED 14 is forecast to net about $244K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in REED 14 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enduring Resources, LLC |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 45108 |
| Wellbores | 1 |
| Reported production | 111,131 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where REED 14 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.