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Data as of Jul 2026 production (Jun 2026–Jul 2026 provisional) · permits through Oct 14, 2026 · Source: Texas Railroad Commission · Methodology
Home / Operators / RAY REED 32

RAY REED 32

RRC oil lease 20252, district 09 · SPRABERRY (TREND AREA) R 40 EXC field · Upton County · operated by PIONEER NATURAL RES. USA, INC.

RAY REED 32 at a glance

Gas output in Mar 2026–May 2026 was down 9% from the same three months a year earlier. Over the last 12 months it reported 189,011 BBL of oil and 2,390,666 MCF of gas. In May 2026, the latest month not marked provisional, it reported 17,991 BBL and 201,460 MCF.

189KBBL oil, last 12 months▼ 22% vs prior 12
2.4MMCF gas, last 12 months▼ 23% vs prior 12
$2,345.01est. gross royalty for May 2026 at decimal
27new permits in Upton County this month

Royalty = (17,991 BBL × $97.31 WTI, Sep 2026, EIA + 201,460 MCF × $2.95 Henry Hub, Sep 2026, EIA) × your decimal. 0.001 is only a placeholder: enter the decimal from your check stub or division order. Gross, before taxes and deductions. Full estimator →

Oil + condensate (BBL per month, last 36 months)

010K20K30K40KAug 23Feb 24Aug 24Feb 25Aug 25Feb 26

Gas (MCF per month, last 36 months)

0100K200K300K400K500KAug 23Feb 24Aug 24Feb 25Aug 25Feb 26

Jun 2026 and Jul 2026 are provisional (lighter bars) and usually rise as late reports arrive.

RAY REED 32 production history in brief

By oil-equivalent volume over the last 12 months, RAY REED 32 ranks #26 of 3,854 reporting leases in Upton County. It reported production in 34 of the 34 non-provisional months shown, starting in our window in Aug 2023. Its peak gas month in that window was Aug 2023 at 400,796 MCF. The lease is in the SPRABERRY (TREND AREA) R 40 EXC field and is operated by PIONEER NATURAL RES. USA, INC.; production is reported for the lease as a whole, not per well.

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New permits nearby

New drilling permits issued this month in Upton County. RRC production data has no lease coordinates, so we match by county.

IssuedOperatorLeaseWellDepth (ft)
2026-10-14OVINTIV USA INC.NEAL 35BB202HS11,734
2026-10-09OVINTIV USA INC.NEAL 35A201HL10,500
2026-10-09OVINTIV USA INC.NEAL 35A206HD10,500
2026-10-09OVINTIV USA INC.NEAL 35B203HM10,500
2026-10-09OVINTIV USA INC.NEAL 35B207HF10,500
2026-10-09OVINTIV USA INC.NEAL 35B208HD10,500
2026-10-09OVINTIV USA INC.NEAL 35C204HL10,500
2026-10-09OVINTIV USA INC.NEAL 35C209HD10,500
2026-10-09OVINTIV USA INC.NEAL 35C210HG10,500
2026-10-09OVINTIV USA INC.NEAL 35D205HM10,500

Monthly production

MonthOil (BBL)Gas (MCF)
Jul 2026 (provisional)14,582219,008
Jun 2026 (provisional)17,601195,063
May 202617,991201,460
Apr 202619,134209,448
Mar 202619,823273,757
Feb 202612,267177,944
Jan 20269,43391,544
Dec 20256,70567,711
Nov 202515,702211,693
Oct 202516,617245,671
Sep 202518,515240,276
Aug 202520,641257,091
Jul 202521,392250,010
Jun 202517,649233,113
May 202519,130257,703
Apr 202517,255245,554
Mar 202517,435252,488
Feb 202519,933224,714
Jan 202522,400240,921
Dec 202422,910280,166
Nov 202423,008291,635
Oct 202421,645292,688
Sep 202421,136271,050
Aug 202419,111280,284
Jul 202417,236275,235
Jun 202425,096340,288
May 202428,088366,142
Apr 202428,243352,775
Mar 202430,417367,073
Feb 202430,668360,836
Jan 202434,673395,444
Dec 202335,147386,495
Nov 202335,753377,437
Oct 202339,489389,246
Sep 202337,650370,157
Aug 202337,293400,796

Check these figures in the RRC Production Data Query (Specific Lease Query: district 09, lease 20252). Production is reported per lease, so a lease with several wells is not split by well.

Source: Texas Railroad Commission (data sets, Production Data Query). Data date: RRC Production Data Query dump, extract dated Sep 18, 2026; production through Jul 2026. Jun 2026 and Jul 2026 are provisional: operators file late and amend, so these months usually rise in later releases. Oil = crude oil + condensate (BBL); gas = gas-well gas + casinghead gas (MCF), as reported to RRC. Methodology.