READ, W. R. ETAL -B- SEC. 48

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 2934District 08Field 44149001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.7 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 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
OilDisposition107,598 bbl$2,669,108
Casinghead gasProduction29 Mcf$0
Total$2,669,108

29 Mcf of this lease's gas, across 28 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 (22)

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 32.3177, -101.1945. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.31757, -101.19522 · 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%
22 of 22 wells
With a plug date
100.0%
22 of 22 wells
Median depth
3,130 ft
21 wells filed one
Completion to plug
30.8 years
median over 17 wells

What the state filed about each well

On the RRC proration schedule
22100.0%
A plug date is filed
22100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
22100.0%
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

Total depth in feet, 21 of 22 wells. Median 3,130 ft, with the middle half between 3,070 and 3,150 ft; the shallowest is 834 ft and the deepest 3,218 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, 17 of 22 wells, Mar 1944 – Aug 1990. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 1944 – Aug 1990
17 of 22 wells; 5 filed none
Plug dates filed
Nov 1999 – Dec 2019
22 of 22 wells

Last completion to plug: a median of 30.8 years across the 17 wells that filed both dates, with the middle half between 29.1 years and 31.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

22 wells

42-22700851152,100 ftDec 2019Yes
42-227027353834 ftOct 2019Yes
42-227027364Oct 2019Yes
42-2271017852,700 ftDec 2019Yes
42-2273435122W3,218 ftDec 1999Yes
42-22731888113,150 ftAug 1990Sep 2019Yes
42-2270273013,150 ftFeb 1990Nov 2019Yes
42-22732346133,102 ftJan 1990Oct 2019Yes
42-22732201123,150 ftMar 1989Oct 2019Yes
42-2273031763,150 ftFeb 1989Nov 2019Yes
42-22730668103,175 ftFeb 1989Nov 2019Yes
42-2273435223W3,111 ftAug 1988Jul 2012Yes
42-2273424614W3,125 ftAug 1988Oct 2019Yes
42-22734340183,070 ftJul 1988Dec 1999Yes
42-22734289173,171 ftJul 1988Dec 1999Yes
42-22734287193,174 ftJun 1988Oct 2019Yes
42-22734270163,080 ftJun 1988Dec 2019Yes
42-2273429024W3,138 ftJun 1988Nov 2019Yes
42-22734288203,173 ftJun 1988Nov 1999Yes
42-2273429121W3,130 ftJun 1988Oct 2019Yes
42-227027287D2,908 ftJul 1944Dec 1999Yes
42-2270273182,908 ftMar 1944Nov 1999Yes

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 201727045.373.26$1,225
Apr 20170047.933.21$0
Mar 201756046.772.98$2,619
Feb 201755050.452.95$2,775
Jan 20170049.413.42$0
Dec 201653048.763.72$2,584
Nov 201676042.492.64$3,229
Oct 201639046.193.09$1,801
Sep 201643041.553.10$1,787
Aug 20160041.442.92$0
Jul 201638041.622.92$1,582
Jun 20160045.352.69$0
May 201638042.521.99$1,616
Apr 201678036.561.99$2,852
Mar 20160033.011.79$0
Feb 201639026.472.06$1,032
Jan 20160027.352.36$0
Dec 201536032.362.00$1,165
Nov 201535038.792.17$1,358
Oct 20150043.552.43$0
Sep 201540042.992.76$1,720
Aug 201577040.162.87$3,092
Jul 201537048.152.95$1,782
Jun 201539056.152.88$2,190
May 201540055.212.96$2,208
Apr 201561049.822.71$3,039
Mar 201596042.892.93$4,117
Feb 20150044.662.98$0
Jan 2015114043.433.10$4,951
Dec 20140054.693.59$0
Nov 201454070.464.25$3,805
Oct 2014106078.303.90$8,300
Sep 201470086.164.05$6,031
Aug 201468089.394.04$6,079
Jul 2014108096.564.18$10,428
Jun 20140098.164.74$0
May 2014118094.734.73$11,178
Apr 201497095.944.81$9,306
Mar 2014132095.895.06$12,657
Feb 2014103097.406.19$10,032
Jan 201474090.404.86$6,690
Dec 201320091.824.35$1,836
Nov 201321088.853.74$1,866
Oct 201318097.423.78$1,754
Sep 2013320104.113.72$3,332
Aug 2013290104.253.52$3,023
Jul 2013370102.523.72$3,793
Jun 201334094.403.93$3,210
May 201311094.834.15$1,043
Apr 201326093.964.28$2,443
Mar 201342093.623.91$3,932
Feb 201329091.233.42$2,646
Jan 201360091.603.42$5,496
Dec 201260086.773.42$5,206
Nov 201276086.953.62$6,608
Oct 201296089.383.40$8,580
Sep 2012176094.672.92$16,662
Aug 2012180092.662.91$16,679
Jul 201298085.133.02$8,343
Jun 2012235079.822.52$18,758
May 20120091.612.49$0
Apr 20122090101.652.00$21,245
Mar 20121270105.052.22$13,341
Feb 201200101.102.57$0
Jan 2012240098.092.73$23,542
Dec 20110096.873.24$0
Nov 201166095.723.31$6,318
Oct 20110084.983.65$0
Sep 2011231083.623.99$19,316
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011170092.904.64$15,793
May 20110098.134.40$0
Apr 2011970105.964.33$10,278
Mar 2011106096.364.06$10,214
Feb 2011120085.644.18$10,277
Jan 201178086.504.59$6,747
Dec 201095085.734.35$8,144
Nov 2010150080.843.80$12,126
Oct 20100078.103.51$0
Sep 201087072.633.98$6,319
Aug 2010108073.684.42$7,957
Jul 2010244072.554.74$17,702
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 201079078.394.39$6,193
Feb 2010111073.585.44$8,167
Jan 2010121074.365.96$8,998
Dec 20090071.445.48$0
Nov 200996074.593.75$7,161
Oct 200976072.544.11$5,513
Sep 200992065.543.06$6,030
Aug 200981067.423.22$5,461
Jul 2009126061.133.46$7,702
Jun 20093066.163.90$198
May 20090054.743.93$0
Apr 200948046.773.59$2,245
Mar 200976042.144.06$3,203
Feb 200969032.814.63$2,264
Jan 200989035.865.37$3,192
Dec 200848037.105.98$1,781
Nov 20080055.496.86$0
Oct 200884075.246.92$6,320
Sep 2008610101.767.88$6,207
Aug 20081490114.228.48$17,019
Jul 2008330131.0811.39$4,326
Jun 200800131.3313.03$0
May 2008480123.1711.57$5,912
Apr 2008620110.3110.45$6,839
Mar 2008920101.909.66$9,375
Feb 2008104092.538.77$9,623
Jan 2008143090.388.21$12,924
Dec 2007103088.337.30$9,098
Nov 2007137091.677.29$12,559
Oct 2007104082.856.92$8,616
Sep 2007136075.846.24$10,314
Aug 2007125069.066.39$8,633
Jul 2007146070.906.39$10,351
Jun 2007167062.007.55$10,354
May 200795058.747.85$5,580
Apr 2007151059.617.81$9,001
Mar 200787056.927.30$4,952
Feb 2007146055.108.22$8,045
Jan 2007127050.306.73$6,388
Dec 2006146056.656.92$8,271
Nov 2006150054.207.62$8,130
Oct 2006162054.906.01$8,894
Sep 2006153060.085.04$9,192
Aug 2006157068.717.34$10,787
Jul 2006166069.376.34$11,515
Jun 2006181066.286.38$11,997
May 2006192066.016.42$12,674
Apr 2006240064.397.36$15,454
Mar 2006251056.707.08$14,232
Feb 2006204057.597.75$11,748
Jan 2006157060.598.93$9,513
Dec 2005212054.9413.42$11,647
Nov 2005147054.6910.59$8,039
Oct 2005118058.3413.80$6,884
Sep 2005215061.4512.08$13,212
Aug 2005197061.519.80$12,117
Jul 2005193055.697.84$10,748
Jun 2005176052.337.38$9,210
May 2005173045.226.65$7,823
Apr 2005682049.207.36$33,554
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 2004103043.245.28$4,454
Aug 2004143042.375.55$6,059
Jul 2004162038.286.08$6,201
Jun 2004185036.106.43$6,679
May 2004121037.486.49$4,535
Apr 2004101034.475.86$3,481
Mar 200458034.365.53$1,993
Feb 2004361032.455.51$11,714
Jan 20040032.036.30$0
Dec 2003192030.266.30$5,810
Nov 2003170028.804.60$4,896
Oct 2003223028.174.76$6,282
Sep 2003235026.314.75$6,183
Aug 2003239029.765.13$7,113
Jul 2003157029.415.17$4,617
Jun 2003229028.565.98$6,540
May 2003233026.595.97$6,195
Apr 2003305026.675.41$8,134
Mar 2003293031.146.10$9,124
Feb 2003301033.487.93$10,077
Jan 2003343030.315.58$10,396
Dec 2002414026.914.85$11,141
Nov 2002362024.664.14$8,927
Oct 2002387026.464.23$10,240
Sep 2002277027.443.64$7,601
Aug 2002298025.963.16$7,736
Jul 2002212024.583.06$5,211
Jun 2002220023.733.34$5,221
May 2002232024.663.58$5,721
Apr 2002146023.653.51$3,453
Mar 2002222022.003.10$4,884
Feb 2002321018.222.38$5,849
Jan 2002399017.172.38$6,851
Dec 2001223016.932.36$3,775
Nov 2001295018.072.41$5,331
Oct 2001210019.782.53$4,154
Sep 2001195024.262.25$4,731
Aug 2001158024.873.05$3,929
Jul 2001352023.933.20$8,423
Jun 2001266024.563.82$6,533
May 2001423025.524.31$10,795
Apr 2001393024.685.34$9,699
Mar 2001373024.545.38$9,153
Feb 2001376027.755.77$10,434
Jan 2001643027.478.40$17,663
Dec 2000179026.889.12$4,812
Nov 2000448032.215.66$14,430
Oct 2000298031.235.15$9,307
Sep 2000552031.875.19$17,592
Aug 2000391029.644.54$11,589
Jul 2000395028.534.09$11,269
Jun 2000258029.304.40$7,559
May 2000582027.263.68$15,865
Apr 2000400024.513.12$9,804
Mar 2000408028.422.86$11,595
Feb 2000363027.622.73$10,026
Jan 2000372025.272.48$9,400
Dec 1999480024.282.42$11,654
Nov 1999378023.192.43$8,766
Oct 1999426020.982.80$8,937
Sep 1999418021.752.62$9,092
Aug 1999443019.262.88$8,532
Jul 1999425017.892.37$7,603
Jun 1999576015.942.36$9,181
May 1999467015.792.32$7,374
Apr 1999465015.102.21$7,022
Mar 1999378012.471.84$4,714
Feb 199941709.981.82$4,162
Jan 1999360010.381.90$3,737
Dec 199848909.201.77$4,499
Nov 1998376010.892.19$4,095
Oct 1998390012.421.97$4,844
Sep 1998390012.592.08$4,910
Aug 1998389011.301.91$4,396
Jul 1998567011.742.24$6,657
Jun 1998549011.242.24$6,171
May 1998539012.622.21$6,802
Apr 1998528013.042.51$6,885
Mar 1998541012.802.31$6,925
Feb 1998670013.952.30$9,347
Jan 1998627014.702.15$9,217
Dec 1997599016.322.41$9,776
Nov 1997640018.193.09$11,642
Oct 1997696019.253.15$13,398
Sep 1997585017.742.95$10,378
Aug 1997589017.862.55$10,520
Jul 1997700017.582.25$12,306
Jun 1997896017.242.26$15,447
May 1997620018.972.31$11,761
Apr 1997642017.882.08$11,479
Mar 1997859018.951.94$16,278
Feb 1997759020.492.21$15,552
Jan 1997687023.483.54$16,131
Dec 1996659023.32$15,368
Nov 1996809021.97$17,774
Oct 1996766023.31$17,855
Sep 1996669022.22$14,865
Aug 1996654020.26$13,250
Jul 1996848019.55$16,578
Jun 1996912018.73$17,082
May 1996896019.43$17,409
Apr 1996885021.51$19,036
Mar 19961,024019.38$19,845
Feb 1996825016.98$14,009
Jan 19961,077017.07$18,384
Dec 1995996017.19$17,121
Nov 19951,042016.00$16,672
Oct 19951,011015.43$15,600
Sep 19951,000016.18$16,180
Aug 19951,019015.92$16,222
Jul 1995838015.24$12,771
Jun 19951,027116.41$16,853
May 19951,123017.56$19,720
Apr 19951,072117.73$19,007
Mar 19951,148116.44$18,873
Feb 19951,018116.58$16,878
Jan 19951,206115.92$19,200
Dec 19941,184115.03$17,796
Nov 19941,158115.90$18,412
Oct 19941,079115.58$16,811
Sep 19941,183115.29$18,088
Aug 19941,285116.13$20,727
Jul 19941,242117.56$21,810
Jun 19941,476217.09$25,225
May 19941,404115.88$22,296
Apr 19941,389114.14$19,640
Mar 19941,522112.46$18,964
Feb 19941,333112.50$16,663
Jan 19941,612112.66$20,408
Dec 19931,637112.33$20,184
Nov 19931,623114.49$23,517
Oct 19931,515015.85$24,013
Sep 19931,470115.03$22,094
Aug 19931,616115.66$25,307
Jul 19931,662115.46$25,695
Jun 19931,877116.79$31,515
May 19931,685117.68$29,791
Apr 19931,670118.05$30,144
Mar 19931,966118.14$35,663
Feb 19931,800117.90$32,220
Jan 19931,787116.93$30,254

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                   27 bbl  × $ 45.37 =     $1,225
Casinghead gas         0 Mcf  × $  3.26 =         $0

────────────────────────────────────────────────────
Month total                                   $1,225

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/2934 is the state's own key, not one this site invented.