READ, W. R. -C-

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

Oil lease lease 2924District 08Field 44149001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$599 k
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 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 17 leases and 108 wells, and the rule below applies to all of them.

Discovered
1943-08-23
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres.

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.

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
OilDisposition16,646 bbl$598,549
Casinghead gasProduction21 Mcf$0
Total$598,549

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 (3)

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 32.3141, -101.2035. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.31395, -101.20372 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
2,400 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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

The one well that filed a depth was drilled to 2,400 ft.

Plug dates filed
Apr 2020 – Apr 2021
3 of 3 wells

3 wells

42-227001691Mar 2021Yes
42-2270017322,400 ftApr 2020Yes
42-227001803Apr 2021Yes

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 2017159042.493.09$6,756
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 2016162041.553.10$6,731
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016187042.521.99$7,951
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015170038.792.17$6,594
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015167040.162.87$6,707
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015177042.892.93$7,592
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014160054.693.59$8,750
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014143094.734.73$13,546
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 2014110090.404.86$9,944
Dec 20130091.824.35$0
Nov 2013126088.853.74$11,195
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 20131240104.253.52$12,927
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013166093.964.28$15,597
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013127091.603.42$11,633
Dec 20120086.773.42$0
Nov 201298086.953.62$8,521
Oct 2012161089.383.40$14,390
Sep 2012249094.672.92$23,573
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121070105.052.22$11,240
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 2011138096.873.24$13,368
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011130083.404.15$10,842
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20111140105.964.33$12,079
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011149086.504.59$12,889
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010165072.633.98$11,984
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010101071.124.24$7,183
Apr 20100081.694.12$0
Mar 2010118078.394.39$9,250
Feb 20100073.585.44$0
Jan 2010117074.365.96$8,700
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009132065.543.06$8,651
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 200972066.163.90$4,764
May 20090054.743.93$0
Apr 2009135046.773.59$6,314
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009136035.865.37$4,877
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008130075.246.92$9,781
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 20081380131.0811.39$18,089
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20081250110.3110.45$13,789
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008116090.388.21$10,484
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007109082.856.92$9,031
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 200795070.906.39$6,736
Jun 20070062.007.55$0
May 200785058.747.85$4,993
Apr 20070059.617.81$0
Mar 2007125056.927.30$7,115
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 200692056.656.92$5,212
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 2006127069.376.34$8,810
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 200643064.397.36$2,769
Mar 200658056.707.08$3,289
Feb 20060057.597.75$0
Jan 200687060.598.93$5,271
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 200552058.3413.80$3,034
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20049045.286.33$408
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20036028.565.98$171
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002103024.663.58$2,540
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 2002143018.222.38$2,605
Jan 20020017.172.38$0
Dec 2001157016.932.36$2,658
Nov 20010018.072.41$0
Oct 200190019.782.53$1,780
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 200186025.524.31$2,195
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 200156027.755.77$1,554
Jan 20010027.478.40$0
Dec 200090026.889.12$2,419
Nov 20000032.215.66$0
Oct 200050031.235.15$1,562
Sep 2000104031.875.19$3,314
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000110029.304.40$3,223
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 2000246028.422.86$6,991
Feb 20000027.622.73$0
Jan 200025025.272.48$632
Dec 199930024.282.42$728
Nov 199945023.192.43$1,044
Oct 199949020.982.80$1,028
Sep 199960021.752.62$1,305
Aug 19990019.262.88$0
Jul 1999140017.892.37$2,505
Jun 199960015.942.36$956
May 199950015.792.32$790
Apr 199955015.102.21$831
Mar 199960012.471.84$748
Feb 19995009.981.82$499
Jan 199961010.381.90$633
Dec 19985109.201.77$469
Nov 199838010.892.19$414
Oct 199840012.421.97$497
Sep 199870012.592.08$881
Aug 199865011.301.91$735
Jul 199865011.742.24$763
Jun 199891011.242.24$1,023
May 19980012.622.21$0
Apr 199875013.042.51$978
Mar 199878012.802.31$998
Feb 199842013.952.30$586
Jan 199860014.702.15$882
Dec 199762016.322.41$1,012
Nov 199771018.193.09$1,291
Oct 199766019.253.15$1,271
Sep 199780017.742.95$1,419
Aug 199795017.862.55$1,697
Jul 199788017.582.25$1,547
Jun 1997118017.242.26$2,034
May 199795018.972.31$1,802
Apr 199795017.882.08$1,699
Mar 199793018.951.94$1,762
Feb 199779020.492.21$1,619
Jan 199779023.483.54$1,855
Dec 199665023.32$1,516
Nov 199698021.97$2,153
Oct 199689023.31$2,075
Sep 199698022.22$2,178
Aug 199692020.26$1,864
Jul 1996113019.55$2,209
Jun 199686018.73$1,611
May 1996234019.43$4,547
Apr 1996204021.51$4,388
Mar 19960019.38$0
Feb 19960016.98$0
Jan 1996190017.07$3,243
Dec 199565017.19$1,117
Nov 1995105016.00$1,680
Oct 1995122015.43$1,882
Sep 1995119016.18$1,925
Aug 1995173015.92$2,754
Jul 1995236015.24$3,597
Jun 19950016.41$0
May 1995243017.56$4,267
Apr 19950017.73$0
Mar 1995246016.44$4,044
Feb 1995248016.58$4,112
Jan 19950015.92$0
Dec 1994252015.03$3,788
Nov 1994256015.90$4,070
Oct 19940015.58$0
Sep 1994256115.29$3,914
Aug 19940116.13$0
Jul 1994252117.56$4,425
Jun 1994252117.09$4,307
May 19940115.88$0
Apr 1994245114.14$3,464
Mar 1994255112.46$3,177
Feb 1994269112.50$3,363
Jan 19940112.66$0
Dec 1993254112.33$3,132
Nov 1993228114.49$3,304
Oct 1993248115.85$3,931
Sep 19930115.03$0
Aug 1993214115.66$3,351
Jul 1993241115.46$3,726
Jun 1993219116.79$3,677
May 1993266117.68$4,703
Apr 1993257118.05$4,639
Mar 1993260118.14$4,716
Feb 1993226117.90$4,045
Jan 1993257116.93$4,351

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.

Jun 2017 — as filed, then multipliedworked
Oil                  159 bbl  × $ 42.49 =     $6,756
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $6,756

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/2924 is the state's own key, not one this site invented.