READ, W. R. -B-

Operated by SWEET CRUDE OPERATING LLC (P-5 833242) 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 2928District 08Field 44149001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$636 k
Jan 1993 – May 2026
Value, last 12 filed months
$17 k
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
OilDisposition19,077 bbl$636,028
Casinghead gasProduction22 Mcf$0
Total$636,028

22 Mcf of this lease's gas, across 22 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 (4)

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 32.3118, -101.1929. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.31176, -101.19330 · 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
75.0%
3 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
3,008 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
375.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
NeitherNo plug date, and not on the schedule.
125.0%

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 2,848 and 3,050 ft, median 3,008 ft, over the 4 wells that filed a depth.

Completions filed
Apr 1971 – Aug 2011
2 of 4 wells; 2 filed none
Plug dates filed
Apr 1991 – May 1993
2 of 4 wells; 2 filed none

4 wells

42-2270085022,848 ftApr 1991Yes
42-2270085232,965 ftMay 1993Yes
42-2273145853,050 ftAug 2011
42-2270084913,050 ftApr 1971Yes

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 2026240106.413.05$2,554
Apr 202624098.932.87$2,374
Mar 202617089.753.15$1,526
Feb 202625063.503.75$1,588
Jan 202616059.138.00$946
Dec 202517056.664.41$963
Nov 202524058.593.93$1,406
Oct 202517059.383.30$1,009
Sep 202516062.743.08$1,004
Aug 202516063.933.01$1,023
Jul 202517066.743.32$1,135
Jun 202525066.483.13$1,662
May 202517060.553.23$1,029
Apr 202525062.363.54$1,559
Mar 202517067.704.27$1,151
Feb 202517070.884.34$1,205
Jan 202525074.324.28$1,858
Dec 202417068.993.12$1,173
Nov 202417069.052.20$1,174
Oct 202417071.372.28$1,213
Sep 202417069.612.36$1,183
Aug 202425075.632.06$1,891
Jul 202425079.932.15$1,998
Jun 202425078.082.63$1,952
May 202417078.812.20$1,340
Apr 202417084.451.66$1,436
Mar 202417080.301.55$1,365
Feb 202417076.091.78$1,294
Jan 202425073.023.30$1,826
Dec 202317071.262.61$1,211
Nov 202317077.892.81$1,324
Oct 202317085.443.09$1,452
Sep 202317089.042.74$1,514
Aug 202317080.522.67$1,369
Jul 202317074.852.64$1,272
Jun 202326068.962.26$1,793
May 202317070.622.23$1,201
Apr 202317078.122.24$1,328
Mar 202326072.852.39$1,894
Feb 202326075.112.47$1,953
Jan 202317076.533.39$1,301
Dec 202217076.415.73$1,299
Nov 202227085.005.65$2,295
Oct 202217087.185.86$1,482
Sep 202235084.888.16$2,971
Aug 202217094.529.13$1,607
Jul 202290101.587.54$914
Jun 2022260115.097.98$2,992
May 2022170109.378.43$1,859
Apr 2022350104.226.84$3,648
Mar 2022180108.885.08$1,960
Feb 202217091.054.86$1,548
Jan 202217081.844.54$1,391
Dec 202126071.323.90$1,854
Nov 20219077.435.24$697
Oct 202133079.795.71$2,633
Sep 202117069.865.35$1,188
Aug 202118066.024.22$1,188
Jul 202126070.783.98$1,840
Jun 202124069.493.38$1,668
May 202124063.483.02$1,524
Apr 202115060.362.76$905
Mar 202134061.302.72$2,084
Feb 20218057.805.55$462
Jan 202135050.412.81$1,764
Dec 202026044.642.68$1,161
Nov 202026038.772.71$1,008
Oct 202017036.972.48$628
Sep 202026037.091.99$964
Aug 202025039.982.39$1,000
Jul 202026038.371.83$998
Jun 202017034.901.69$593
May 202025016.921.81$423
Apr 202024014.751.80$354
Mar 202033030.341.86$1,001
Feb 202025049.881.98$1,247
Jan 202026057.252.09$1,489
Dec 201933059.012.30$1,947
Nov 201924055.302.75$1,327
Oct 201925053.472.42$1,337
Sep 201925055.052.66$1,376
Aug 201932053.112.30$1,700
Jul 201925056.272.46$1,407
Jun 201924052.782.49$1,267
May 201933058.482.74$1,930
Apr 201933062.632.75$2,067
Mar 201973056.803.06$4,146
Feb 20190050.852.79$0
Jan 2019161046.033.23$7,411
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018150061.443.40$9,216
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018115060.183.08$6,921
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 2018163061.222.79$9,979
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 2017160057.272.92$9,163
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 2017151045.373.00$6,851
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 2017152045.373.26$6,896
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 2017149050.452.95$7,517
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016161042.492.64$6,841
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016169041.442.92$7,003
Jul 20160041.622.92$0
Jun 2016169045.352.69$7,664
May 20160042.521.99$0
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 20150038.792.17$0
Oct 2015159043.552.43$6,924
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 2015168048.152.95$8,089
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015168049.822.71$8,370
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014158078.303.90$12,371
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014162096.564.18$15,643
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014163095.944.81$15,638
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 2014167090.404.86$15,097
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20131610104.113.72$16,762
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013160094.403.93$15,104
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013150091.233.42$13,685
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012160086.953.62$13,912
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012158079.822.52$12,612
May 20120091.612.49$0
Apr 20121650101.652.00$16,772
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012157098.092.73$15,400
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
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 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 200448038.286.08$1,837
Jun 20040036.106.43$0
May 200432037.486.49$1,199
Apr 200431034.475.86$1,069
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 200433032.036.30$1,057
Dec 200347030.266.30$1,422
Nov 20030028.804.60$0
Oct 200363028.174.76$1,775
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
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 200226026.464.23$688
Sep 200234027.443.64$933
Aug 200236025.963.16$935
Jul 200215024.583.06$369
Jun 20020023.733.34$0
May 200222024.663.58$543
Apr 200235023.653.51$828
Mar 200239022.003.10$858
Feb 200235018.222.38$638
Jan 200263017.172.38$1,082
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 200138019.782.53$752
Sep 200137024.262.25$898
Aug 200134024.873.05$846
Jul 200137023.933.20$885
Jun 200139024.563.82$958
May 200145025.524.31$1,148
Apr 200147024.685.34$1,160
Mar 20010024.545.38$0
Feb 200141027.755.77$1,138
Jan 200141027.478.40$1,126
Dec 200034026.889.12$914
Nov 200044032.215.66$1,417
Oct 200038031.235.15$1,187
Sep 200038031.875.19$1,211
Aug 200029029.644.54$860
Jul 200061028.534.09$1,740
Jun 200016029.304.40$469
May 200034027.263.68$927
Apr 200051024.513.12$1,250
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 199946023.192.43$1,067
Oct 199943020.982.80$902
Sep 199943021.752.62$935
Aug 199948019.262.88$924
Jul 199954017.892.37$966
Jun 199933015.942.36$526
May 199947015.792.32$742
Apr 199975015.102.21$1,133
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 19986109.201.77$561
Nov 199897010.892.19$1,056
Oct 1998106012.421.97$1,317
Sep 1998135012.592.08$1,700
Aug 1998118011.301.91$1,333
Jul 1998131011.742.24$1,538
Jun 199883011.242.24$933
May 1998131012.622.21$1,653
Apr 1998134013.042.51$1,747
Mar 1998133012.802.31$1,702
Feb 1998103013.952.30$1,437
Jan 1998136014.702.15$1,999
Dec 1997137016.322.41$2,236
Nov 1997135018.193.09$2,456
Oct 1997136019.253.15$2,618
Sep 1997129017.742.95$2,288
Aug 1997130017.862.55$2,322
Jul 1997134017.582.25$2,356
Jun 1997134017.242.26$2,310
May 1997135018.972.31$2,561
Apr 1997183017.882.08$3,272
Mar 1997135018.951.94$2,558
Feb 1997134020.492.21$2,746
Jan 1997227023.483.54$5,330
Dec 1996136023.32$3,172
Nov 1996151021.97$3,317
Oct 1996150023.31$3,497
Sep 1996149022.22$3,311
Aug 1996150020.26$3,039
Jul 1996149019.55$2,913
Jun 1996290018.73$5,432
May 1996144019.43$2,798
Apr 1996150021.51$3,227
Mar 1996287019.38$5,562
Feb 19960016.98$0
Jan 1996145017.07$2,475
Dec 1995277017.19$4,762
Nov 1995138016.00$2,208
Oct 1995133015.43$2,052
Sep 1995139016.18$2,249
Aug 1995274115.92$4,362
Jul 1995135015.24$2,057
Jun 1995137016.41$2,248
May 1995268017.56$4,706
Apr 1995133017.73$2,358
Mar 1995259016.44$4,258
Feb 1995136016.58$2,255
Jan 1995104015.92$1,656
Dec 1994125015.03$1,879
Nov 1994269015.90$4,277
Oct 1994136015.58$2,119
Sep 1994133115.29$2,034
Aug 1994276116.13$4,452
Jul 1994138117.56$2,423
Jun 1994137117.09$2,341
May 1994279115.88$4,431
Apr 1994140114.14$1,980
Mar 1994160112.46$1,994
Feb 1994135112.50$1,688
Jan 1994265112.66$3,355
Dec 1993134112.33$1,652
Nov 1993268114.49$3,883
Oct 1993130115.85$2,061
Sep 1993128115.03$1,924
Aug 1993274115.66$4,291
Jul 1993139115.46$2,149
Jun 1993263116.79$4,416
May 1993146117.68$2,581
Apr 1993152118.05$2,744
Mar 1993301118.14$5,460
Feb 1993152117.90$2,721
Jan 199388116.93$1,490

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 2026 — as filed, then multipliedworked
Oil                   24 bbl  × $106.41 =     $2,554
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $2,554

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/2928 is the state's own key, not one this site invented.