READ, WILLARD R.

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 2933District 08Field 44149001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$551 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
OilDisposition20,813 bbl$550,972
Casinghead gasProduction30 Mcf$0
Total$550,972

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 (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 32.3230, -101.1947. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.32287, -101.19544 · 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
85.7%
6 of 7 wells
With a plug date
85.7%
6 of 7 wells
Median depth
2,969 ft
7 wells filed one
Completion to plug
25.0 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
685.7%
A plug date is filed
685.7%
BothOn the schedule and plugged. Neither fact cancels the other.
685.7%
NeitherNo plug date, and not on the schedule.
114.3%

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 2,825 and 3,024 ft, median 2,969 ft, over the 7 wells that filed a depth.

Completions filed
Mar 1988 – Dec 1995
6 of 7 wells; 1 filed none
Plug dates filed
Nov 1993 – Dec 2020
6 of 7 wells; 1 filed none

Last completion to plug: a median of 25.0 years across the 5 wells that filed both dates, with the middle half between 25.0 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.

7 wells

42-2270272912,825 ftNov 1993Yes
42-227342475W2,920 ftDec 1995Dec 2020Yes
42-227342486W2,930 ftDec 1995Dec 2020Yes
42-227343287W3,024 ftJun 1988Jul 2010Yes
42-2273424133,003 ftApr 1988
42-2273424022,986 ftApr 1988Nov 2020Yes
42-2273424242,969 ftMar 1988Dec 2020Yes

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 20179045.373.26$408
Apr 20170047.933.21$0
Mar 201718046.772.98$842
Feb 201718050.452.95$908
Jan 20170049.413.42$0
Dec 201617048.763.72$829
Nov 201625042.492.64$1,062
Oct 201613046.193.09$600
Sep 201614041.553.10$582
Aug 20160041.442.92$0
Jul 201612041.622.92$499
Jun 20160045.352.69$0
May 201612042.521.99$510
Apr 201626036.561.99$951
Mar 20160033.011.79$0
Feb 201611026.472.06$291
Jan 20160027.352.36$0
Dec 201510032.362.00$324
Nov 201510038.792.17$388
Oct 20150043.552.43$0
Sep 201511042.992.76$473
Aug 201521040.162.87$843
Jul 201511048.152.95$530
Jun 201512056.152.88$674
May 201512055.212.96$663
Apr 201522049.822.71$1,096
Mar 201543042.892.93$1,844
Feb 20150044.662.98$0
Jan 201559043.433.10$2,562
Dec 20140054.693.59$0
Nov 201435070.464.25$2,466
Oct 201452078.303.90$4,072
Sep 201434086.164.05$2,929
Aug 201434089.394.04$3,039
Jul 201451096.564.18$4,925
Jun 20140098.164.74$0
May 201456094.734.73$5,305
Apr 201446095.944.81$4,413
Mar 2014108095.895.06$10,356
Feb 201462097.406.19$6,039
Jan 201455090.404.86$4,972
Dec 201313091.824.35$1,194
Nov 201315088.853.74$1,333
Oct 201313097.423.78$1,266
Sep 2013250104.113.72$2,603
Aug 2013200104.253.52$2,085
Jul 2013250102.523.72$2,563
Jun 201335094.403.93$3,304
May 201316094.834.15$1,517
Apr 201333093.964.28$3,101
Mar 201328093.623.91$2,621
Feb 201314091.233.42$1,277
Jan 201327091.603.42$2,473
Dec 201234086.773.42$2,950
Nov 201238086.953.62$3,304
Oct 201232089.383.40$2,860
Sep 201225094.672.92$2,367
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 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
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 200911042.144.06$464
Feb 200917032.814.63$558
Jan 200921035.865.37$753
Dec 200811037.105.98$408
Nov 20080055.496.86$0
Oct 200820075.246.92$1,505
Sep 2008150101.767.88$1,526
Aug 2008360114.228.48$4,112
Jul 200880131.0811.39$1,049
Jun 200800131.3313.03$0
May 2008110123.1711.57$1,355
Apr 2008150110.3110.45$1,655
Mar 2008220101.909.66$2,242
Feb 200825092.538.77$2,313
Jan 200834090.388.21$3,073
Dec 200725088.337.30$2,208
Nov 200733091.677.29$3,025
Oct 200725082.856.92$2,071
Sep 200733075.846.24$2,503
Aug 200730069.066.39$2,072
Jul 200735070.906.39$2,482
Jun 200740062.007.55$2,480
May 200723058.747.85$1,351
Apr 200736059.617.81$2,146
Mar 200721056.927.30$1,195
Feb 200735055.108.22$1,929
Jan 200731050.306.73$1,559
Dec 200635056.656.92$1,983
Nov 200636054.207.62$1,951
Oct 200639054.906.01$2,141
Sep 200637060.085.04$2,223
Aug 200638068.717.34$2,611
Jul 200640069.376.34$2,775
Jun 200648066.286.38$3,181
May 200663066.016.42$4,159
Apr 200648064.397.36$3,091
Mar 200646056.707.08$2,608
Feb 200648057.597.75$2,764
Jan 200648060.598.93$2,908
Dec 200552054.9413.42$2,857
Nov 200571054.6910.59$3,883
Oct 200572058.3413.80$4,200
Sep 200563061.4512.08$3,871
Aug 200552061.519.80$3,199
Jul 2005131055.697.84$7,295
Jun 200536052.337.38$1,884
May 200538045.226.65$1,718
Apr 200597049.207.36$4,772
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 200415043.245.28$649
Aug 200456042.375.55$2,373
Jul 200473038.286.08$2,794
Jun 200454036.106.43$1,949
May 200477037.486.49$2,886
Apr 200464034.475.86$2,206
Mar 200430034.365.53$1,031
Feb 2004122032.455.51$3,959
Jan 20040032.036.30$0
Dec 200355030.266.30$1,664
Nov 200346028.804.60$1,325
Oct 200345028.174.76$1,268
Sep 200352026.314.75$1,368
Aug 200365029.765.13$1,934
Jul 200362029.415.17$1,823
Jun 200369028.565.98$1,971
May 200397026.595.97$2,579
Apr 200384026.675.41$2,240
Mar 200382031.146.10$2,553
Feb 200381033.487.93$2,712
Jan 200388030.315.58$2,667
Dec 200282026.914.85$2,207
Nov 200267024.664.14$1,652
Oct 200276026.464.23$2,011
Sep 200288027.443.64$2,415
Aug 2002128025.963.16$3,323
Jul 200296024.583.06$2,360
Jun 200294023.733.34$2,231
May 2002110024.663.58$2,713
Apr 2002104023.653.51$2,460
Mar 200290022.003.10$1,980
Feb 2002110018.222.38$2,004
Jan 200287017.172.38$1,494
Dec 200180016.932.36$1,354
Nov 2001174018.072.41$3,144
Oct 200189019.782.53$1,760
Sep 200152024.262.25$1,262
Aug 200154024.873.05$1,343
Jul 200183023.933.20$1,986
Jun 200157024.563.82$1,400
May 200179025.524.31$2,016
Apr 200173024.685.34$1,802
Mar 200179024.545.38$1,939
Feb 200180027.755.77$2,220
Jan 2001191027.478.40$5,247
Dec 2000147026.889.12$3,951
Nov 200081032.215.66$2,609
Oct 200051031.235.15$1,593
Sep 200037031.875.19$1,179
Aug 200033029.644.54$978
Jul 200033028.534.09$941
Jun 200022029.304.40$645
May 200036027.263.68$981
Apr 200034024.513.12$833
Mar 200034028.422.86$966
Feb 200035027.622.73$967
Jan 200036025.272.48$910
Dec 199935024.282.42$850
Nov 199937023.192.43$858
Oct 199941020.982.80$860
Sep 199940021.752.62$870
Aug 199943019.262.88$828
Jul 199941017.892.37$733
Jun 199941015.942.36$654
May 199945015.792.32$711
Apr 199945015.102.21$680
Mar 199983012.471.84$1,035
Feb 19997609.981.82$758
Jan 199979010.381.90$820
Dec 19987209.201.77$662
Nov 199872010.892.19$784
Oct 199875012.421.97$932
Sep 199875012.592.08$944
Aug 199875011.301.91$848
Jul 1998137011.742.24$1,608
Jun 1998133011.242.24$1,495
May 1998130012.622.21$1,641
Apr 1998128013.042.51$1,669
Mar 1998106012.802.31$1,357
Feb 199874013.952.30$1,032
Jan 199895014.702.15$1,397
Dec 1997108016.322.41$1,763
Nov 1997129018.193.09$2,347
Oct 1997149019.253.15$2,868
Sep 199790017.742.95$1,597
Aug 1997118017.862.55$2,107
Jul 199791017.582.25$1,600
Jun 199760017.242.26$1,034
May 199792018.972.31$1,745
Apr 199797017.882.08$1,734
Mar 199796018.951.94$1,819
Feb 1997126020.492.21$2,582
Jan 1997179023.483.54$4,203
Dec 1996188023.32$4,384
Nov 1996171021.97$3,757
Oct 1996187023.31$4,359
Sep 1996187022.22$4,155
Aug 1996192020.26$3,890
Jul 1996161019.55$3,148
Jun 1996163018.73$3,053
May 1996140019.43$2,720
Apr 1996165021.51$3,549
Mar 1996165019.38$3,198
Feb 1996129016.98$2,190
Jan 1996143017.07$2,441
Dec 1995152017.19$2,613
Nov 1995156016.00$2,496
Oct 1995127015.43$1,960
Sep 1995138016.18$2,233
Aug 1995182015.92$2,897
Jul 1995196015.24$2,987
Jun 1995183116.41$3,003
May 1995198117.56$3,477
Apr 1995187117.73$3,316
Mar 1995195116.44$3,206
Feb 1995257116.58$4,261
Jan 1995193115.92$3,073
Dec 1994204115.03$3,066
Nov 1994194115.90$3,085
Oct 1994208115.58$3,241
Sep 1994196115.29$2,997
Aug 1994216116.13$3,484
Jul 1994250117.56$4,390
Jun 1994223117.09$3,811
May 1994235115.88$3,732
Apr 1994251114.14$3,549
Mar 1994236112.46$2,941
Feb 1994257112.50$3,213
Jan 1994280112.66$3,545
Dec 1993279112.33$3,440
Nov 1993274114.49$3,970
Oct 1993285115.85$4,517
Sep 1993268115.03$4,028
Aug 1993272115.66$4,260
Jul 1993283115.46$4,375
Jun 1993280116.79$4,701
May 1993301117.68$5,322
Apr 1993316118.05$5,704
Mar 1993385118.14$6,984
Feb 1993348117.90$6,229
Jan 1993322116.93$5,451

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                    9 bbl  × $ 45.37 =       $408
Casinghead gas         0 Mcf  × $  3.26 =         $0

────────────────────────────────────────────────────
Month total                                     $408

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/2933 is the state's own key, not one this site invented.