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READ, W. R.

Operated by ROYALTY RESOURCES, L.L.C. (P-5 732124) in the IATAN, EAST HOWARD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19144District 08Field 44148500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

The IATAN, EAST HOWARD field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 154 leases and 2,716 wells, and the rule below applies to all of them.

Discovered
1926-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
400 ft
minimum
From a lease line
200 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2008-07-29.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “DKT 08-0257306 APPROVED 07/29/2008 - UPDATE SPACING TO 200/400FT”

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition50,970 bbl$2,104,595
Casinghead gasProduction21 Mcf$0
Total$2,104,595

21 Mcf of this lease's gas, across 21 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (7)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.3054, -101.2100. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.6 miles.

32.30573, -101.21805 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
7 of 7 wells
With a plug date
100.0%
7 of 7 wells
Median depth
3,090 ft
4 wells filed one
Completion to plug
18.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
7100.0%
A plug date is filed
7100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
7100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 2,750 and 3,295 ft, median 3,090 ft, over the 4 wells that filed a depth.

Completions filed
Jun 1971
1 of 7 wells; 6 filed none
Plug dates filed
Sep 1983 – May 2021
7 of 7 wells

Last completion to plug: a median of 18.1 years across the 1 well that filed both dates, with the middle half between 18.1 years and 18.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-2271013013,200 ft—Apr 2021Yes
42-227101312——Apr 2021Yes
42-227101323——May 2021Yes
42-227105254——May 2021Yes
42-2271052652,980 ft—May 2021Yes
42-227202306W3,295 ft—Sep 1983Yes
42-2270385472,750 ftJun 1971Jul 1989Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 2017161045.373.26$7,305
Apr 20170047.933.21$0
Mar 2017176046.772.98$8,232
Feb 20170050.452.95$0
Jan 2017160049.413.42$7,906
Dec 20160048.763.72$0
Nov 2016161042.492.64$6,841
Oct 2016171046.193.09$7,898
Sep 20160041.553.10$0
Aug 2016163041.442.92$6,755
Jul 20160041.622.92$0
Jun 2016168045.352.69$7,619
May 2016169042.521.99$7,186
Apr 20160036.561.99$0
Mar 2016334033.011.79$11,025
Feb 20160026.472.06$0
Jan 2016180027.352.36$4,923
Dec 2015167032.362.00$5,404
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015170042.992.76$7,308
Aug 20150040.162.87$0
Jul 2015170048.152.95$8,186
Jun 20150056.152.88$0
May 2015178055.212.96$9,827
Apr 20150049.822.71$0
Mar 2015186042.892.93$7,978
Feb 20150044.662.98$0
Jan 2015184043.433.10$7,991
Dec 20140054.693.59$0
Nov 2014187070.464.25$13,176
Oct 2014173078.303.90$13,546
Sep 20140086.164.05$0
Aug 2014167089.394.04$14,928
Jul 2014170096.564.18$16,415
Jun 20140098.164.74$0
May 2014119094.734.73$11,273
Apr 2014233095.944.81$22,354
Mar 20140095.895.06$0
Feb 2014154097.406.19$15,000
Jan 2014144090.404.86$13,018
Dec 2013139091.824.35$12,763
Nov 201322088.853.74$1,955
Oct 2013165097.423.78$16,074
Sep 20131230104.113.72$12,806
Aug 20131410104.253.52$14,699
Jul 20132270102.523.72$23,272
Jun 20130094.403.93$0
May 2013152094.834.15$14,414
Apr 2013191093.964.28$17,946
Mar 20130093.623.91$0
Feb 2013121091.233.42$11,039
Jan 2013242091.603.42$22,167
Dec 20120086.773.42$0
Nov 201283086.953.62$7,217
Oct 2012251089.383.40$22,434
Sep 20120094.672.92$0
Aug 2012216092.662.91$20,015
Jul 20120085.133.02$0
Jun 2012138079.822.52$11,015
May 2012238091.612.49$21,803
Apr 201200101.652.00$0
Mar 20121240105.052.22$13,026
Feb 20121540101.102.57$15,569
Jan 2012221098.092.73$21,678
Dec 20110096.873.24$0
Nov 2011203095.723.31$19,431
Oct 20110084.983.65$0
Sep 2011230083.623.99$19,233
Aug 20110083.404.15$0
Jul 2011121094.144.52$11,391
Jun 2011220092.904.64$20,438
May 20110098.134.40$0
Apr 2011980105.964.33$10,384
Mar 2011198096.364.06$19,079
Feb 20110085.644.18$0
Jan 2011166086.504.59$14,359
Dec 2010208085.734.35$17,832
Nov 20100080.843.80$0
Oct 2010151078.103.51$11,793
Sep 2010266072.633.98$19,320
Aug 20100073.684.42$0
Jul 2010256072.554.74$18,573
Jun 2010259070.364.91$18,223
May 20100071.124.24$0
Apr 2010115081.694.12$9,394
Mar 2010200078.394.39$15,678
Feb 2010242073.585.44$17,806
Jan 2010160074.365.96$11,898
Dec 20093071.445.48$214
Nov 2009140074.593.75$10,443
Oct 2009152072.544.11$11,026
Sep 2009172065.543.06$11,273
Aug 2009149067.423.22$10,046
Jul 2009138061.133.46$8,436
Jun 2009141066.163.90$9,329
May 2009139054.743.93$7,609
Apr 2009168046.773.59$7,857
Mar 2009181042.144.06$7,627
Feb 2009235032.814.63$7,710
Jan 2009262035.865.37$9,395
Dec 20080037.105.98$0
Nov 2008194055.496.86$10,765
Oct 2008118075.246.92$8,878
Sep 20081880101.767.88$19,131
Aug 20081790114.228.48$20,445
Jul 20081600131.0811.39$20,973
Jun 20081570131.3313.03$20,619
May 20081450123.1711.57$17,860
Apr 20081890110.3110.45$20,849
Mar 20082520101.909.66$25,679
Feb 2008156092.538.77$14,435
Jan 200864090.388.21$5,784
Dec 2007185088.337.30$16,341
Nov 2007172091.677.29$15,767
Oct 2007144082.856.92$11,930
Sep 2007152075.846.24$11,528
Aug 2007165069.066.39$11,395
Jul 2007158070.906.39$11,202
Jun 2007166062.007.55$10,292
May 2007174058.747.85$10,221
Apr 2007176059.617.81$10,491
Mar 2007176056.927.30$10,018
Feb 2007166055.108.22$9,147
Jan 2007178050.306.73$8,953
Dec 2006169056.656.92$9,574
Nov 2006178054.207.62$9,648
Oct 2006180054.906.01$9,882
Sep 2006159060.085.04$9,553
Aug 2006193068.717.34$13,261
Jul 2006177069.376.34$12,278
Jun 2006182066.286.38$12,063
May 2006242066.016.42$15,974
Apr 2006215064.397.36$13,844
Mar 200657056.707.08$3,232
Feb 2006153057.597.75$8,811
Jan 2006153060.598.93$9,270
Dec 2005166054.9413.42$9,120
Nov 2005169054.6910.59$9,243
Oct 2005154058.3413.80$8,984
Sep 2005140061.4512.08$8,603
Aug 2005183061.519.80$11,256
Jul 2005157055.697.84$8,743
Jun 2005177052.337.38$9,262
May 2005141045.226.65$6,376
Apr 2005176049.207.36$8,659
Mar 2005189050.377.15$9,520
Feb 2005170045.226.31$7,687
Jan 2005191043.166.32$8,244
Dec 2004193039.866.75$7,693
Nov 2004176045.286.33$7,969
Oct 2004191049.706.52$9,493
Sep 2004196043.245.28$8,475
Aug 2004183042.375.55$7,754
Jul 2004191038.286.08$7,311
Jun 2004149036.106.43$5,379
May 2004212037.486.49$7,946
Apr 2004257034.475.86$8,859
Mar 2004221034.365.53$7,594
Feb 2004217032.455.51$7,042
Jan 2004198032.036.30$6,342
Dec 200333030.266.30$999
Nov 2003187028.804.60$5,386
Oct 2003216028.174.76$6,085
Sep 2003272026.314.75$7,156
Aug 2003214029.765.13$6,369
Jul 2003251029.415.17$7,382
Jun 2003127028.565.98$3,627
May 2003328026.595.97$8,722
Apr 2003116026.675.41$3,094
Mar 2003324031.146.10$10,089
Feb 2003190033.487.93$6,361
Jan 2003240030.315.58$7,274
Dec 2002330026.914.85$8,880
Nov 2002240024.664.14$5,918
Oct 2002261026.464.23$6,906
Sep 2002260027.443.64$7,134
Aug 2002320025.963.16$8,307
Jul 2002380024.583.06$9,340
Jun 2002230023.733.34$5,458
May 2002400024.663.58$9,864
Apr 2002261023.653.51$6,173
Mar 2002360022.003.10$7,920
Feb 2002255018.222.38$4,646
Jan 20020017.172.38$0
Dec 2001155016.932.36$2,624
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 2001160024.262.25$3,882
Aug 2001270024.873.05$6,715
Jul 2001360023.933.20$8,615
Jun 2001242024.563.82$5,944
May 2001162025.524.31$4,134
Apr 2001110024.685.34$2,715
Mar 2001205024.545.38$5,031
Feb 2001217027.755.77$6,022
Jan 2001266027.478.40$7,307
Dec 2000205026.889.12$5,510
Nov 2000206032.215.66$6,635
Oct 2000215031.235.15$6,714
Sep 2000204031.875.19$6,501
Aug 2000470029.644.54$13,931
Jul 20000028.534.09$0
Jun 2000208029.304.40$6,094
May 2000225027.263.68$6,134
Apr 2000230024.513.12$5,637
Mar 200068028.422.86$1,933
Feb 2000165027.622.73$4,557
Jan 2000175025.272.48$4,422
Dec 1999182024.282.42$4,419
Nov 1999208023.192.43$4,824
Oct 1999189020.982.80$3,965
Sep 1999195021.752.62$4,241
Aug 1999165019.262.88$3,178
Jul 199961017.892.37$1,091
Jun 1999154015.942.36$2,455
May 1999140015.792.32$2,211
Apr 1999140015.102.21$2,114
Mar 1999183012.471.84$2,282
Feb 199912509.981.82$1,248
Jan 1999222010.381.90$2,304
Dec 199814009.201.77$1,288
Nov 1998208010.892.19$2,265
Oct 1998229012.421.97$2,844
Sep 199890012.592.08$1,133
Aug 1998166011.301.91$1,876
Jul 1998215011.742.24$2,524
Jun 1998217011.242.24$2,439
May 1998262012.622.21$3,306
Apr 199880013.042.51$1,043
Mar 1998150012.802.31$1,920
Feb 1998100013.952.30$1,395
Jan 1998195014.702.15$2,867
Dec 1997150016.322.41$2,448
Nov 1997184018.193.09$3,347
Oct 1997210019.253.15$4,043
Sep 1997190017.742.95$3,371
Aug 1997202017.862.55$3,608
Jul 1997207017.582.25$3,639
Jun 1997206017.242.26$3,551
May 1997218018.972.31$4,135
Apr 1997197017.882.08$3,522
Mar 1997107018.951.94$2,028
Feb 1997202020.492.21$4,139
Jan 1997201023.483.54$4,719
Dec 1996270023.32—$6,296
Nov 1996186021.97—$4,086
Oct 1996199023.31—$4,639
Sep 1996212022.22—$4,711
Aug 1996221020.26—$4,477
Jul 1996256019.55—$5,005
Jun 1996232018.73—$4,345
May 1996245019.43—$4,760
Apr 1996227021.51—$4,883
Mar 1996255019.38—$4,942
Feb 1996210016.98—$3,566
Jan 1996255017.07—$4,353
Dec 1995266017.19—$4,573
Nov 1995268016.00—$4,288
Oct 1995370015.43—$5,709
Sep 1995266016.18—$4,304
Aug 1995268015.92—$4,267
Jul 1995259015.24—$3,947
Jun 1995248016.41—$4,070
May 1995253017.56—$4,443
Apr 1995260017.73—$4,610
Mar 1995462016.44—$7,595
Feb 1995252016.58—$4,178
Jan 1995464015.92—$7,387
Dec 19940015.03—$0
Nov 1994511015.90—$8,125
Oct 19940015.58—$0
Sep 19940115.29—$0
Aug 1994460116.13—$7,420
Jul 19940117.56—$0
Jun 1994534117.09—$9,126
May 19940115.88—$0
Apr 19940114.14—$0
Mar 1994533112.46—$6,641
Feb 19940112.50—$0
Jan 19940112.66—$0
Dec 1993535112.33—$6,597
Nov 19930114.49—$0
Oct 1993519115.85—$8,226
Sep 19930115.03—$0
Aug 1993546115.66—$8,550
Jul 19930115.46—$0
Jun 1993537116.79—$9,016
May 19930117.68—$0
Apr 1993519118.05—$9,368
Mar 1993507118.14—$9,197
Feb 19930117.90—$0
Jan 1993327116.93—$5,536

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2017 — as filed, then multipliedworked
Oil                  161 bbl  × $ 45.37 =     $7,305
Casinghead gas         0 Mcf  × $  3.26 =         $0

────────────────────────────────────────────────────
Month total                                   $7,305

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/19144 is the state's own key, not one this site invented.