Indeed.
In the 1851 census James says he was born in New Deer, but the obituary article, such as it is, says he was born in Peterhead. Given how vague the rest of the obituary article is, I reckon that he is more likely to be right about his birthplace than the writer of the article.
There is a James Reid, baptised in Old Deer on 11 March 1804, parents Alexander Reid and Ann Henry. Also a James Reid, baptised in Peterhead on 30 May 1805, father Alexander, no mother's name.
It's very tempting to think that this is his baptism record, because it fits exactly, but it is not an assumption I would make, not least because there is no record of James and Helen having named a son Alexander.
James Reid and Helen Abel were married in 1828 and the first recorded child was Ann, born in 1833. But there could have been one or two before that, and in the absence of any information about that gap I am not going to jump to any conclusions.
I note with interest an almost complete absence of Abel baptism records in Peterhead. Just one baptism, a nameless child of unspecified sex in 1814, father William Abel, but there are half a dozen marriages of Abel daughters between 1828 and 1845.
One of those was Mary, who married John Gill in 1836. I deduce (a) that James and Helen's son John Gill Reid was named after Helen's brother-in-law and (b) that Mary Gill, the 42-year-old grocer's wife listed as a visitor in the household was Helen's sister.
Mary Gill or Abel died in Aberdeen on 26 March 1855 aged 46. She was the wife of John Gill, spirit dealer and daughter of William Abel, master tailor, no mother listed, had been 12 years in Aberdeen. No children listed. She was buried at Belhelvie.
Amelia Abel or Milne died in Peterhead in 1872, aged 59. She was the wife of James Milne, seaman, and her parents were William Abel, tailor, and Jane Gillan. There are baptism records of three children: John 1847, Alexander 1847; Jane Leyden 1853; and in the census are James, born 1838 or 1839 and Harvey, born 1840.
So I think it is likely that Helen, Elizabeth, Mary and Amelia were all sisters. The other Abels were
Isabella, married George Ogilvie 1845
Jean, married George Mitchell 1833
Martha, married William Lockie 1830 but I have found neither deaths nor baptisms nor census records for any of them. Nor have I found a death for Elizabeth.