READ TRUST

Name: READ TRUST lease production and value, Oct 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BRACKEN OPERATING, L.L.C. (P-5 85851) in the HEMPHILL (DOUGLAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 174819District 10Field 40311100CondensateGasSave Export

Value, all time

$1.9 M

Oct 1999 – Sep 2023

Value, last 12 filed months

at the published price for each month

Months reported

288

no gaps in the span

Streams

condensate, gas

The HEMPHILL (DOUGLAS) field

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 239 leases and 247 wells, and the rule below applies to all of them.

Discovered

1977-09-29

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-08-21.

The Commission's schedule remark for this field reads: “ DESIGNATED AS UFT FIELD PER DOCKET #01-0299858.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,432 bbl	$53,048
Gas	Production	442,593 Mcf	$1,819,381
Total			$1,872,428

Wells on this lease (1)

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 35.7923, -100.2508. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.79227, -100.25083 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

8,200 ft

1 wells filed one

Completion to plug

22.5 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

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 8,200 ft.

Completions filed

Oct 1999

1 of 1 wells

Plug dates filed

Apr 2022

1 of 1 wells

Last completion to plug: a median of 22.5 years across the 1 well that filed both dates, with the middle half between 22.5 years and 22.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21132378	1048	8,200 ft	Oct 1999	Apr 2022	Yes

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 (288)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

288 months


Sep 2023	0	0	89.04	2.74	$0
Aug 2023	0	0	80.52	2.67	$0
Jul 2023	0	0	74.85	2.64	$0
Jun 2023	0	0	68.96	2.26	$0
May 2023	0	0	70.62	2.23	$0
Apr 2023	0	0	78.12	2.24	$0
Mar 2023	0	0	72.85	2.39	$0
Feb 2023	0	0	75.11	2.47	$0
Jan 2023	0	0	76.53	3.39	$0
Dec 2022	0	0	76.41	5.73	$0
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	0	0	87.18	5.86	$0
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	0	0	101.58	7.54	$0
Jun 2022	0	0	115.09	7.98	$0
May 2022	128	0	109.37	8.43	$13,999
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	41	91.05	4.86	$199
Jan 2022	0	294	81.84	4.54	$1,334
Dec 2021	0	652	71.32	3.90	$2,542
Nov 2021	0	485	77.43	5.24	$2,540
Oct 2021	0	845	79.79	5.71	$4,828
Sep 2021	0	511	69.86	5.35	$2,734
Aug 2021	0	451	66.02	4.22	$1,903
Jul 2021	0	568	70.78	3.98	$2,262
Jun 2021	0	448	69.49	3.38	$1,515
May 2021	0	379	63.48	3.02	$1,144
Apr 2021	0	465	60.36	2.76	$1,283
Mar 2021	0	584	61.30	2.72	$1,587
Feb 2021	0	831	57.80	5.55	$4,610
Jan 2021	0	684	50.41	2.81	$1,922
Dec 2020	0	642	44.64	2.68	$1,718
Nov 2020	0	614	38.77	2.71	$1,662
Oct 2020	0	767	36.97	2.48	$1,901
Sep 2020	0	473	37.09	1.99	$942
Aug 2020	0	383	39.98	2.39	$913
Jul 2020	0	462	38.37	1.83	$843
Jun 2020	0	257	34.90	1.69	$434
May 2020	0	377	16.92	1.81	$684
Apr 2020	0	757	14.75	1.80	$1,366
Mar 2020	0	780	30.34	1.86	$1,448
Feb 2020	0	748	49.88	1.98	$1,482
Jan 2020	0	826	57.25	2.09	$1,730
Dec 2019	0	1,162	59.01	2.30	$2,678
Nov 2019	0	1,132	55.30	2.75	$3,114
Oct 2019	0	1,097	53.47	2.42	$2,653
Sep 2019	0	821	55.05	2.66	$2,182
Aug 2019	0	972	53.11	2.30	$2,240
Jul 2019	0	884	56.27	2.46	$2,175
Jun 2019	0	823	52.78	2.49	$2,050
May 2019	0	1,038	58.48	2.74	$2,844
Apr 2019	0	1,411	62.63	2.75	$3,881
Mar 2019	0	762	56.80	3.06	$2,333
Feb 2019	115	302	50.85	2.79	$6,691
Jan 2019	93	1,589	46.03	3.23	$9,410
Dec 2018	0	1,224	46.59	4.19	$5,123
Nov 2018	0	1,004	52.93	4.24	$4,254
Oct 2018	0	997	61.44	3.40	$3,388
Sep 2018	0	966	59.54	3.11	$3,002
Aug 2018	0	890	59.40	3.07	$2,729
Jul 2018	0	974	65.14	2.93	$2,856
Jun 2018	0	855	60.18	3.08	$2,631
May 2018	0	1,106	65.38	2.90	$3,208
Apr 2018	0	1,023	63.84	2.90	$2,968
Mar 2018	0	1,067	61.22	2.79	$2,974
Feb 2018	0	881	61.78	2.77	$2,437
Jan 2018	0	1,060	62.87	4.01	$4,250
Dec 2017	0	1,023	57.27	2.92	$2,989
Nov 2017	0	1,026	55.42	3.12	$3,199
Oct 2017	0	1,091	49.29	2.98	$3,255
Sep 2017	0	1,043	47.52	3.09	$3,220
Aug 2017	0	1,064	45.37	3.00	$3,197
Jul 2017	0	873	43.87	3.09	$2,695
Jun 2017	0	939	42.49	3.09	$2,899
May 2017	0	1,153	45.37	3.26	$3,763
Apr 2017	0	1,181	47.93	3.21	$3,793
Mar 2017	0	1,409	46.77	2.98	$4,204
Feb 2017	0	1,149	50.45	2.95	$3,393
Jan 2017	0	1,153	49.41	3.42	$3,942
Dec 2016	90	1,382	48.76	3.72	$9,533
Nov 2016	0	786	42.49	2.64	$2,078
Oct 2016	0	194	46.19	3.09	$600
Sep 2016	0	785	41.55	3.10	$2,434
Aug 2016	0	997	41.44	2.92	$2,916
Jul 2016	0	838	41.62	2.92	$2,451
Jun 2016	0	730	45.35	2.69	$1,961
May 2016	0	804	42.52	1.99	$1,601
Apr 2016	0	604	36.56	1.99	$1,203
Mar 2016	0	856	33.01	1.79	$1,536
Feb 2016	0	726	26.47	2.06	$1,498
Jan 2016	0	716	27.35	2.36	$1,693
Dec 2015	0	759	32.36	2.00	$1,519
Nov 2015	0	905	38.79	2.17	$1,961
Oct 2015	0	970	43.55	2.43	$2,354
Sep 2015	0	1,193	42.99	2.76	$3,291
Aug 2015	0	1,232	40.16	2.87	$3,539
Jul 2015	0	1,019	48.15	2.95	$3,001
Jun 2015	0	1,042	56.15	2.88	$3,004
May 2015	0	715	55.21	2.96	$2,113
Apr 2015	0	600	49.82	2.71	$1,624
Mar 2015	0	579	42.89	2.93	$1,699
Feb 2015	0	604	44.66	2.98	$1,798
Jan 2015	0	477	43.43	3.10	$1,479
Dec 2014	0	825	54.69	3.59	$2,963
Nov 2014	0	776	70.46	4.25	$3,299
Oct 2014	0	1,363	78.30	3.90	$5,317
Sep 2014	0	704	86.16	4.05	$2,848
Aug 2014	0	777	89.39	4.04	$3,135
Jul 2014	0	445	96.56	4.18	$1,860
Jun 2014	0	491	98.16	4.74	$2,326
May 2014	0	541	94.73	4.73	$2,557
Apr 2014	0	425	95.94	4.81	$2,044
Mar 2014	0	467	95.89	5.06	$2,362
Feb 2014	0	542	97.40	6.19	$3,356
Jan 2014	0	576	90.40	4.86	$2,800
Dec 2013	0	480	91.82	4.35	$2,090
Nov 2013	0	567	88.85	3.74	$2,120
Oct 2013	0	588	97.42	3.78	$2,222
Sep 2013	0	465	104.11	3.72	$1,729
Aug 2013	0	723	104.25	3.52	$2,547
Jul 2013	0	676	102.52	3.72	$2,513
Jun 2013	0	596	94.40	3.93	$2,344
May 2013	0	744	94.83	4.15	$3,087
Apr 2013	0	811	93.96	4.28	$3,473
Mar 2013	0	392	93.62	3.91	$1,534
Feb 2013	0	386	91.23	3.42	$1,320
Jan 2013	0	416	91.60	3.42	$1,423
Dec 2012	0	737	86.77	3.42	$2,521
Nov 2012	0	525	86.95	3.62	$1,903
Oct 2012	0	946	89.38	3.40	$3,216
Sep 2012	0	640	94.67	2.92	$1,868
Aug 2012	0	878	92.66	2.91	$2,553
Jul 2012	0	1,250	85.13	3.02	$3,776
Jun 2012	0	291	79.82	2.52	$733
May 2012	0	13	91.61	2.49	$32
Apr 2012	0	279	101.65	2.00	$557
Mar 2012	0	775	105.05	2.22	$1,722
Feb 2012	0	553	101.10	2.57	$1,421
Jan 2012	0	537	98.09	2.73	$1,468
Dec 2011	0	281	96.87	3.24	$910
Nov 2011	0	651	95.72	3.31	$2,156
Oct 2011	0	626	84.98	3.65	$2,284
Sep 2011	0	964	83.62	3.99	$3,842
Aug 2011	0	661	83.40	4.15	$2,743
Jul 2011	0	830	94.14	4.52	$3,749
Jun 2011	0	780	92.90	4.64	$3,619
May 2011	0	810	98.13	4.40	$3,568
Apr 2011	0	811	105.96	4.33	$3,514
Mar 2011	0	744	96.36	4.06	$3,019
Feb 2011	0	295	85.64	4.18	$1,233
Jan 2011	0	347	86.50	4.59	$1,592
Dec 2010	0	446	85.73	4.35	$1,939
Nov 2010	0	521	80.84	3.80	$1,977
Oct 2010	0	766	78.10	3.51	$2,688
Sep 2010	0	745	72.63	3.98	$2,965
Aug 2010	0	811	73.68	4.42	$3,584
Jul 2010	0	768	72.55	4.74	$3,638
Jun 2010	0	820	70.36	4.91	$4,027
May 2010	0	724	71.12	4.24	$3,066
Apr 2010	0	741	81.69	4.12	$3,055
Mar 2010	0	790	78.39	4.39	$3,467
Feb 2010	0	568	73.58	5.44	$3,091
Jan 2010	0	312	74.36	5.96	$1,861
Dec 2009	0	598	71.44	5.48	$3,279
Nov 2009	0	665	74.59	3.75	$2,495
Oct 2009	0	653	72.54	4.11	$2,684
Sep 2009	0	379	65.54	3.06	$1,162
Aug 2009	0	745	67.42	3.22	$2,398
Jul 2009	0	452	61.13	3.46	$1,566
Jun 2009	0	606	66.16	3.90	$2,360
May 2009	0	400	54.74	3.93	$1,570
Apr 2009	0	812	46.77	3.59	$2,913
Mar 2009	0	517	42.14	4.06	$2,099
Feb 2009	0	310	32.81	4.63	$1,436
Jan 2009	0	622	35.86	5.37	$3,341
Dec 2008	0	305	37.10	5.98	$1,823
Nov 2008	0	433	55.49	6.86	$2,971
Oct 2008	0	250	75.24	6.92	$1,731
Sep 2008	0	518	101.76	7.88	$4,080
Aug 2008	0	918	114.22	8.48	$7,787
Jul 2008	0	1,030	131.08	11.39	$11,731
Jun 2008	0	761	131.33	13.03	$9,918
May 2008	0	882	123.17	11.57	$10,209
Apr 2008	0	499	110.31	10.45	$5,217
Mar 2008	0	678	101.90	9.66	$6,552
Feb 2008	0	834	92.53	8.77	$7,315
Jan 2008	0	803	90.38	8.21	$6,589
Dec 2007	0	698	88.33	7.30	$5,097
Nov 2007	0	594	91.67	7.29	$4,331
Oct 2007	0	841	82.85	6.92	$5,821
Sep 2007	0	849	75.84	6.24	$5,301
Aug 2007	0	950	69.06	6.39	$6,069
Jul 2007	0	919	70.90	6.39	$5,871
Jun 2007	0	786	62.00	7.55	$5,933
May 2007	0	832	58.74	7.85	$6,528
Apr 2007	0	785	59.61	7.81	$6,127
Mar 2007	0	995	56.92	7.30	$7,265
Feb 2007	0	1,037	55.10	8.22	$8,520
Jan 2007	0	513	50.30	6.73	$3,451
Dec 2006	0	637	56.65	6.92	$4,407
Nov 2006	0	941	54.20	7.62	$7,168
Oct 2006	0	1,217	54.90	6.01	$7,319
Sep 2006	0	1,093	60.08	5.04	$5,506
Aug 2006	0	1,218	68.71	7.34	$8,940
Jul 2006	0	1,064	69.37	6.34	$6,749
Jun 2006	0	1,150	66.28	6.38	$7,341
May 2006	0	1,187	66.01	6.42	$7,626
Apr 2006	0	1,300	64.39	7.36	$9,569
Mar 2006	0	1,193	56.70	7.08	$8,450
Feb 2006	0	723	57.59	7.75	$5,604
Jan 2006	0	752	60.59	8.93	$6,718
Dec 2005	0	854	54.94	13.42	$11,457
Nov 2005	0	990	54.69	10.59	$10,483
Oct 2005	0	1,130	58.34	13.80	$15,589
Sep 2005	0	1,235	61.45	12.08	$14,918
Aug 2005	0	1,406	61.51	9.80	$13,774
Jul 2005	0	1,571	55.69	7.84	$12,322
Jun 2005	0	1,420	52.33	7.38	$10,481
May 2005	0	1,138	45.22	6.65	$7,569
Apr 2005	0	1,439	49.20	7.36	$10,592
Mar 2005	0	1,196	50.37	7.15	$8,557
Feb 2005	0	1,406	45.22	6.31	$8,875
Jan 2005	0	1,039	43.16	6.32	$6,569
Dec 2004	0	1,310	39.86	6.75	$8,844
Nov 2004	0	1,493	45.28	6.33	$9,451
Oct 2004	0	1,631	49.70	6.52	$10,626
Sep 2004	0	1,700	43.24	5.28	$8,983
Aug 2004	0	1,804	42.37	5.55	$10,013
Jul 2004	0	1,446	38.28	6.08	$8,798
Jun 2004	0	1,546	36.10	6.43	$9,945
May 2004	0	1,793	37.48	6.49	$11,645
Apr 2004	0	1,635	34.47	5.86	$9,579
Mar 2004	0	1,880	34.36	5.53	$10,397
Feb 2004	0	2,204	32.45	5.51	$12,143
Jan 2004	0	1,528	32.03	6.30	$9,626
Dec 2003	0	1,447	30.26	6.30	$9,118
Nov 2003	0	1,955	28.80	4.60	$8,984
Oct 2003	0	1,770	28.17	4.76	$8,425
Sep 2003	0	1,831	26.31	4.75	$8,696
Aug 2003	0	1,734	29.76	5.13	$8,895
Jul 2003	0	1,534	29.41	5.17	$7,932
Jun 2003	0	1,486	28.56	5.98	$8,891
May 2003	0	1,855	26.59	5.97	$11,079
Apr 2003	0	2,525	26.67	5.41	$13,653
Mar 2003	0	2,451	31.14	6.10	$14,941
Feb 2003	0	1,549	33.48	7.93	$12,277
Jan 2003	0	1,544	30.31	5.58	$8,619
Dec 2002	0	1,588	26.91	4.85	$7,708
Nov 2002	0	1,794	24.66	4.14	$7,422
Oct 2002	0	1,540	26.46	4.23	$6,513
Sep 2002	0	1,578	27.44	3.64	$5,736
Aug 2002	0	1,729	25.96	3.16	$5,471
Jul 2002	0	1,805	24.58	3.06	$5,526
Jun 2002	0	1,849	23.73	3.34	$6,172
May 2002	0	2,125	24.66	3.58	$7,616
Apr 2002	0	1,895	23.65	3.51	$6,656
Mar 2002	0	2,243	22.00	3.10	$6,959
Feb 2002	0	2,080	18.22	2.38	$4,941
Jan 2002	0	2,333	17.17	2.38	$5,542
Dec 2001	0	2,514	16.93	2.36	$5,944
Nov 2001	0	2,939	18.07	2.41	$7,070
Oct 2001	117	3,214	19.78	2.53	$10,442
Sep 2001	0	3,517	24.26	2.25	$7,918
Aug 2001	0	2,708	24.87	3.05	$8,268
Jul 2001	0	3,377	23.93	3.20	$10,797
Jun 2001	0	3,503	24.56	3.82	$13,396
May 2001	0	4,042	25.52	4.31	$17,410
Apr 2001	0	3,730	24.68	5.34	$19,901
Mar 2001	0	3,069	24.54	5.38	$16,500
Feb 2001	0	3,107	27.75	5.77	$17,918
Jan 2001	0	3,907	27.47	8.40	$32,814
Dec 2000	0	4,256	26.88	9.12	$38,825
Nov 2000	0	4,444	32.21	5.66	$25,144
Oct 2000	0	5,218	31.23	5.15	$26,849
Sep 2000	0	5,513	31.87	5.19	$28,593
Aug 2000	0	6,251	29.64	4.54	$28,384
Jul 2000	169	6,939	28.53	4.09	$33,200
Jun 2000	0	7,335	29.30	4.40	$32,254
May 2000	0	9,582	27.26	3.68	$35,259
Apr 2000	0	8,097	24.51	3.12	$25,230
Mar 2000	0	9,370	28.42	2.86	$26,796
Feb 2000	167	11,112	27.62	2.73	$34,909
Jan 2000	179	13,997	25.27	2.48	$39,243
Dec 1999	0	18,432	24.28	2.42	$44,674
Nov 1999	187	27,802	23.19	2.43	$72,006
Oct 1999	187	39,647	20.98	2.80	$115,082

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 2022 — as filed, then multipliedworked

Condensate           128 bbl  × $109.37 =    $13,999
Gas                    0 Mcf  × $  8.43 =         $0

────────────────────────────────────────────────────
Month total                                  $13,999

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. 10/G/174819 is the state's own key, not one this site invented.