READ, W. R. -A-

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 2929District 08Field 44149001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$894 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
OilDisposition37,835 bbl$894,162
Casinghead gasProduction30 Mcf$0
Total$894,162

30 Mcf of this lease's gas, across 30 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 (9)

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 32.3163, -101.2007. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.31596, -101.20062 · 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
88.9%
8 of 9 wells
With a plug date
88.9%
8 of 9 wells
Median depth
3,102 ft
9 wells filed one
Completion to plug
32.6 years
median over 8 wells

What the state filed about each well

On the RRC proration schedule
888.9%
A plug date is filed
888.9%
BothOn the schedule and plugged. Neither fact cancels the other.
888.9%
NeitherNo plug date, and not on the schedule.
111.1%

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

Total depth in feet, 9 of 9 wells. Median 3,102 ft, with the middle half between 3,068 and 3,122 ft; the shallowest is 2,825 ft and the deepest 3,143 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 9 of 9 wells, May 1974 – Mar 2005. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1974 – Mar 2005
9 of 9 wells
Plug dates filed
Apr 2020 – Mar 2021
8 of 9 wells; 1 filed none

Last completion to plug: a median of 32.6 years across the 8 wells that filed both dates, with the middle half between 32.2 years and 32.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

9 wells

42-227343397W3,102 ftMar 2005Dec 2020Yes
42-227343058W3,111 ftAug 1988Mar 2021Yes
42-227343379W3,024 ftAug 1988Nov 2020Yes
42-2273430243,122 ftJul 1988Feb 2021Yes
42-2273430133,143 ftJul 1988Feb 2021Yes
42-2273430423,068 ftJul 1988
42-2273430353,126 ftJun 1988Apr 2020Yes
42-227343386W3,094 ftApr 1988Dec 2020Yes
42-2278197612,825 ftMay 1974Mar 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 20170042.493.09$0
May 20178045.373.26$363
Apr 20170047.933.21$0
Mar 201717046.772.98$795
Feb 201713050.452.95$656
Jan 20170049.413.42$0
Dec 201613048.763.72$634
Nov 201618042.492.64$765
Oct 201610046.193.09$462
Sep 201611041.553.10$457
Aug 20160041.442.92$0
Jul 20169041.622.92$375
Jun 20160045.352.69$0
May 20169042.521.99$383
Apr 201619036.561.99$695
Mar 20160033.011.79$0
Feb 20168026.472.06$212
Jan 20160027.352.36$0
Dec 20157032.362.00$227
Nov 20158038.792.17$310
Oct 20150043.552.43$0
Sep 20158042.992.76$344
Aug 201515040.162.87$602
Jul 20159048.152.95$433
Jun 20159056.152.88$505
May 20159055.212.96$497
Apr 201518049.822.71$897
Mar 201529042.892.93$1,244
Feb 20150044.662.98$0
Jan 201534043.433.10$1,477
Dec 20140054.693.59$0
Nov 201416070.464.25$1,127
Oct 201423078.303.90$1,801
Sep 201415086.164.05$1,292
Aug 201415089.394.04$1,341
Jul 201426096.564.18$2,511
Jun 20140098.164.74$0
May 201428094.734.73$2,652
Apr 201423095.944.81$2,207
Mar 201431095.895.06$2,973
Feb 201418097.406.19$1,753
Jan 201416090.404.86$1,446
Dec 20138091.824.35$735
Nov 201317088.853.74$1,510
Oct 201315097.423.78$1,461
Sep 2013220104.113.72$2,290
Aug 2013200104.253.52$2,085
Jul 2013250102.523.72$2,563
Jun 201317094.403.93$1,605
May 20133094.834.15$284
Apr 201333093.964.28$3,101
Mar 201327093.623.91$2,528
Feb 201312091.233.42$1,095
Jan 201339091.603.42$3,572
Dec 201222086.773.42$1,909
Nov 201224086.953.62$2,087
Oct 201260089.383.40$5,363
Sep 201278094.672.92$7,384
Aug 201259092.662.91$5,467
Jul 201230085.133.02$2,554
Jun 201222079.822.52$1,756
May 20120091.612.49$0
Apr 2012200101.652.00$2,033
Mar 2012120105.052.22$1,261
Feb 201200101.102.57$0
Jan 201223098.092.73$2,256
Dec 20110096.873.24$0
Nov 20116095.723.31$574
Oct 20110084.983.65$0
Sep 201122083.623.99$1,840
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 201116092.904.64$1,486
May 20110098.134.40$0
Apr 201190105.964.33$954
Mar 201110096.364.06$964
Feb 201111085.644.18$942
Jan 20117086.504.59$606
Dec 20109085.734.35$772
Nov 201014080.843.80$1,132
Oct 20100078.103.51$0
Sep 201035072.633.98$2,542
Aug 201054073.684.42$3,979
Jul 2010122072.554.74$8,851
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 201014078.394.39$1,097
Feb 201011073.585.44$809
Jan 201014074.365.96$1,041
Dec 20090071.445.48$0
Nov 20099074.593.75$671
Oct 20097072.544.11$508
Sep 20099065.543.06$590
Aug 20098067.423.22$539
Jul 200912061.133.46$734
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20095046.773.59$234
Mar 200917042.144.06$716
Feb 200921032.814.63$689
Jan 200927035.865.37$968
Dec 200814037.105.98$519
Nov 20080055.496.86$0
Oct 200825075.246.92$1,881
Sep 2008180101.767.88$1,832
Aug 2008450114.228.48$5,140
Jul 2008100131.0811.39$1,311
Jun 200800131.3313.03$0
May 2008140123.1711.57$1,724
Apr 2008190110.3110.45$2,096
Mar 2008280101.909.66$2,853
Feb 200831092.538.77$2,868
Jan 200843090.388.21$3,886
Dec 200731088.337.30$2,738
Nov 200741091.677.29$3,758
Oct 200731082.856.92$2,568
Sep 200741075.846.24$3,109
Aug 200738069.066.39$2,624
Jul 200744070.906.39$3,120
Jun 200750062.007.55$3,100
May 200729058.747.85$1,703
Apr 200745059.617.81$2,682
Mar 200726056.927.30$1,480
Feb 200744055.108.22$2,424
Jan 200738050.306.73$1,911
Dec 200644056.656.92$2,493
Nov 200645054.207.62$2,439
Oct 200648054.906.01$2,635
Sep 200646060.085.04$2,764
Aug 200647068.717.34$3,229
Jul 200650069.376.34$3,469
Jun 200663066.286.38$4,176
May 200693066.016.42$6,139
Apr 200659064.397.36$3,799
Mar 200660056.707.08$3,402
Feb 200659057.597.75$3,398
Jan 200650060.598.93$3,030
Dec 200546054.9413.42$2,527
Nov 200582054.6910.59$4,485
Oct 200557058.3413.80$3,325
Sep 200579061.4512.08$4,855
Aug 200562061.519.80$3,814
Jul 2005102055.697.84$5,680
Jun 200586052.337.38$4,500
May 2005101045.226.65$4,567
Apr 2005389049.207.36$19,139
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 200424043.245.28$1,038
Aug 200446042.375.55$1,949
Jul 200451038.286.08$1,952
Jun 200460036.106.43$2,166
May 200473037.486.49$2,736
Apr 200427034.475.86$931
Mar 200414034.365.53$481
Feb 2004278032.455.51$9,021
Jan 20040032.036.30$0
Dec 200318030.266.30$545
Nov 200326028.804.60$749
Oct 200372028.174.76$2,028
Sep 2003101026.314.75$2,657
Aug 2003103029.765.13$3,065
Jul 200394029.415.17$2,765
Jun 2003131028.565.98$3,741
May 200395026.595.97$2,526
Apr 200389026.675.41$2,374
Mar 200378031.146.10$2,429
Feb 200350033.487.93$1,674
Jan 200351030.315.58$1,546
Dec 200219026.914.85$511
Nov 200277024.664.14$1,899
Oct 200271026.464.23$1,879
Sep 200267027.443.64$1,838
Aug 2002118025.963.16$3,063
Jul 200265024.583.06$1,598
Jun 200286023.733.34$2,041
May 200289024.663.58$2,195
Apr 200293023.653.51$2,199
Mar 200290022.003.10$1,980
Feb 200256018.222.38$1,020
Jan 200210017.172.38$172
Dec 200122016.932.36$372
Nov 200178018.072.41$1,409
Oct 200194019.782.53$1,859
Sep 2001448024.262.25$10,868
Aug 200128024.873.05$696
Jul 200155023.933.20$1,316
Jun 200146024.563.82$1,130
May 200184025.524.31$2,144
Apr 200198024.685.34$2,419
Mar 200185024.545.38$2,086
Feb 200156027.755.77$1,554
Jan 2001161027.478.40$4,423
Dec 2000176026.889.12$4,731
Nov 2000170032.215.66$5,476
Oct 20000031.235.15$0
Sep 2000167031.875.19$5,322
Aug 2000158029.644.54$4,683
Jul 2000123028.534.09$3,509
Jun 2000159029.304.40$4,659
May 2000259027.263.68$7,060
Apr 2000161024.513.12$3,946
Mar 2000160028.422.86$4,547
Feb 2000164027.622.73$4,530
Jan 2000162025.272.48$4,094
Dec 1999155024.282.42$3,763
Nov 1999164023.192.43$3,803
Oct 1999159020.982.80$3,336
Sep 1999156021.752.62$3,393
Aug 1999164019.262.88$3,159
Jul 1999151017.892.37$2,701
Jun 1999226015.942.36$3,602
May 1999306015.792.32$4,832
Apr 1999150015.102.21$2,265
Mar 1999157012.471.84$1,958
Feb 199919909.981.82$1,986
Jan 1999282010.381.90$2,927
Dec 199815109.201.77$1,389
Nov 1998302010.892.19$3,289
Oct 1998152012.421.97$1,888
Sep 1998280012.592.08$3,525
Aug 1998174011.301.91$1,966
Jul 1998268011.742.24$3,146
Jun 1998332011.242.24$3,732
May 1998146012.622.21$1,843
Apr 1998240013.042.51$3,130
Mar 1998280012.802.31$3,584
Feb 1998284013.952.30$3,962
Jan 1998165014.702.15$2,426
Dec 1997278016.322.41$4,537
Nov 1997296018.193.09$5,384
Oct 1997168019.253.15$3,234
Sep 1997218017.742.95$3,867
Aug 1997360017.862.55$6,430
Jul 19970017.582.25$0
Jun 1997194017.242.26$3,345
May 1997328018.972.31$6,222
Apr 1997293017.882.08$5,239
Mar 1997315018.951.94$5,969
Feb 1997404020.492.21$8,278
Jan 1997328023.483.54$7,701
Dec 1996329023.32$7,672
Nov 1996343021.97$7,536
Oct 1996427023.31$9,953
Sep 1996406022.22$9,021
Aug 1996576020.26$11,670
Jul 1996484019.55$9,462
Jun 1996490018.73$9,178
May 1996420019.43$8,161
Apr 1996385021.51$8,281
Mar 1996391019.38$7,578
Feb 1996335016.98$5,688
Jan 1996372017.07$6,350
Dec 1995429017.19$7,375
Nov 1995430016.00$6,880
Oct 1995457015.43$7,052
Sep 1995420016.18$6,796
Aug 1995464015.92$7,387
Jul 1995481015.24$7,330
Jun 1995459116.41$7,532
May 1995413117.56$7,252
Apr 1995637117.73$11,294
Mar 1995556116.44$9,141
Feb 1995522116.58$8,655
Jan 1995924115.92$14,710
Dec 1994321115.03$4,825
Nov 1994328115.90$5,215
Oct 1994318115.58$4,954
Sep 1994325115.29$4,969
Aug 1994344116.13$5,549
Jul 1994351117.56$6,164
Jun 1994331117.09$5,657
May 1994384115.88$6,098
Apr 1994386114.14$5,458
Mar 1994380112.46$4,735
Feb 1994357112.50$4,463
Jan 1994398112.66$5,039
Dec 1993498112.33$6,140
Nov 1993352114.49$5,100
Oct 1993370115.85$5,865
Sep 1993364115.03$5,471
Aug 1993395115.66$6,186
Jul 1993400115.46$6,184
Jun 1993410116.79$6,884
May 1993410117.68$7,249
Apr 1993418118.05$7,545
Mar 1993446118.14$8,090
Feb 1993390117.90$6,981
Jan 1993426116.93$7,212

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                    8 bbl  × $ 45.37 =       $363
Casinghead gas         0 Mcf  × $  3.26 =         $0

────────────────────────────────────────────────────
Month total                                     $363

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/2929 is the state's own key, not one this site invented.