READ 1

Operated by PRIMAL ENERGY CORPORATION (P-5 677741) in the READ RANCH (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173591District 7CField 750293702 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Jun 1999 – May 2026
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
324
no gaps in the span
Streams
2
condensate, 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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1995-12-21
as the register files it
Field class
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 80 acres. The field rule took effect on 2002-05-09.

The Commission's schedule remark for this field reads: 5/9/02

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111999-10-08140759
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition68 bbl$2,585
GasProduction390,877 Mcf$1,790,536
Total$1,793,121

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 30.5699, -101.0629. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.56994, -101.06286 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,013 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 10,013 ft.

Completions filed
Jun 1999
1 of 1 wells

1 well

42-10538264310,013 ftJun 1999

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 (324)

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

324 months

May 2026015106.413.05$46
Apr 20260098.932.87$0
Mar 2026036189.753.15$1,137
Feb 2026036163.503.75$1,354
Jan 2026046559.138.00$3,719
Dec 2025046256.664.41$2,039
Nov 2025043358.593.93$1,700
Oct 2025046659.383.30$1,540
Sep 2025045062.743.08$1,385
Aug 2025046363.933.01$1,396
Jul 2025046366.743.32$1,535
Jun 2025044966.483.13$1,405
May 2025045260.553.23$1,461
Apr 2025045062.363.54$1,594
Mar 2025046667.704.27$1,989
Feb 2025042070.884.34$1,823
Jan 2025046474.324.28$1,985
Dec 2024046368.993.12$1,445
Nov 2024045069.052.20$989
Oct 2024046071.372.28$1,049
Sep 2024043269.612.36$1,021
Aug 2024044675.632.06$920
Jul 2024044679.932.15$957
Jun 2024042878.082.63$1,127
May 2024045878.812.20$1,007
Apr 2024044584.451.66$738
Mar 2024042180.301.55$651
Feb 2024042776.091.78$762
Jan 2024052273.023.30$1,721
Dec 2023052371.262.61$1,365
Nov 2023052277.892.81$1,466
Oct 2023053385.443.09$1,646
Sep 2023051489.042.74$1,406
Aug 2023051280.522.67$1,369
Jul 2023054774.852.64$1,445
Jun 2023047968.962.26$1,082
May 2023050670.622.23$1,127
Apr 2023052678.122.24$1,177
Mar 2023054372.852.39$1,299
Feb 2023054575.112.47$1,344
Jan 2023055976.533.39$1,894
Dec 2022056276.415.73$3,220
Nov 2022052685.005.65$2,970
Oct 2022051187.185.86$2,996
Sep 2022052584.888.16$4,286
Aug 2022054294.529.13$4,947
Jul 20220544101.587.54$4,103
Jun 20220560115.097.98$4,467
May 20220599109.378.43$5,051
Apr 20220651104.226.84$4,451
Mar 20220652108.885.08$3,310
Feb 2022058891.054.86$2,857
Jan 2022078381.844.54$3,553
Dec 2021080071.323.90$3,119
Nov 2021081577.435.24$4,268
Oct 2021081879.795.71$4,674
Sep 2021091469.865.35$4,891
Aug 2021054666.024.22$2,304
Jul 2021081970.783.98$3,261
Jun 2021036669.493.38$1,237
May 2021047163.483.02$1,421
Apr 2021042160.362.76$1,161
Mar 202109861.302.72$266
Feb 20210057.805.55$0
Jan 202103650.412.81$101
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 202006136.972.48$151
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 2020093230.341.86$1,730
Feb 2020064249.881.98$1,272
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 201909862.632.75$270
Mar 201901,11956.803.06$3,426
Feb 201901,10550.852.79$3,085
Jan 201901,09646.033.23$3,538
Dec 201801,11146.594.19$4,650
Nov 201801,06552.934.24$4,513
Oct 201801,07361.443.40$3,646
Sep 2018151,07859.543.11$4,244
Aug 201801,09059.403.07$3,343
Jul 201801,08565.142.93$3,181
Jun 201801,06960.183.08$3,289
May 201801,09965.382.90$3,188
Apr 201801,10063.842.90$3,191
Mar 201801,10061.222.79$3,066
Feb 201801,09961.782.77$3,040
Jan 201801,08762.874.01$4,358
Dec 201701,10057.272.92$3,214
Nov 201701,07655.423.12$3,355
Oct 201701,10449.292.98$3,294
Sep 201701,10347.523.09$3,405
Aug 201701,09845.373.00$3,299
Jul 201701,09543.873.09$3,381
Jun 201701,10342.493.09$3,405
May 201701,10345.373.26$3,600
Apr 201701,05547.933.21$3,388
Mar 201701,08446.772.98$3,234
Feb 201701,09350.452.95$3,227
Jan 201701,19449.413.42$4,082
Dec 201601,18748.763.72$4,419
Nov 201601,12842.492.64$2,983
Oct 201601,19246.193.09$3,684
Sep 201601,15641.553.10$3,584
Aug 201601,19541.442.92$3,495
Jul 201601,19641.622.92$3,498
Jun 201601,09045.352.69$2,928
May 201601,13042.521.99$2,250
Apr 201601,13036.561.99$2,250
Mar 201601,23633.011.79$2,217
Feb 201601,08826.472.06$2,245
Jan 201601,15927.352.36$2,740
Dec 201501,13532.362.00$2,272
Nov 201501,10138.792.17$2,386
Oct 201501,13943.552.43$2,764
Sep 201501,13642.992.76$3,134
Aug 201501,08140.162.87$3,105
Jul 201501,13648.152.95$3,346
Jun 201501,06656.152.88$3,073
May 201501,14155.212.96$3,372
Apr 201501,10149.822.71$2,980
Mar 201501,20742.892.93$3,542
Feb 2015098744.662.98$2,938
Jan 201501,21943.433.10$3,780
Dec 201401,13254.693.59$4,065
Nov 201401,09670.464.25$4,660
Oct 201401,15178.303.90$4,490
Sep 201401,10386.164.05$4,462
Aug 201401,13089.394.04$4,560
Jul 201401,21596.564.18$5,078
Jun 201401,22498.164.74$5,798
May 201401,25994.734.73$5,951
Apr 201401,30795.944.81$6,286
Mar 201401,13895.895.06$5,755
Feb 201401,22497.406.19$7,579
Jan 201401,36190.404.86$6,615
Dec 201301,21991.824.35$5,308
Nov 201301,33688.853.74$4,994
Oct 201301,42497.423.78$5,382
Sep 201301,439104.113.72$5,350
Aug 201301,698104.253.52$5,981
Jul 201301,127102.523.72$4,190
Jun 201301,00594.403.93$3,953
May 201301,03294.834.15$4,282
Apr 201301,00593.964.28$4,304
Mar 2013093693.623.91$3,662
Feb 2013093391.233.42$3,191
Jan 201301,10291.603.42$3,769
Dec 201201,10486.773.42$3,776
Nov 201201,10586.953.62$4,006
Oct 201201,18289.383.40$4,018
Sep 201201,24694.672.92$3,636
Aug 201201,05192.662.91$3,056
Jul 2012095285.133.02$2,876
Jun 201201,12779.822.52$2,839
May 2012093491.612.49$2,324
Apr 201201,397101.652.00$2,790
Mar 20120938105.052.22$2,084
Feb 201201,054101.102.57$2,709
Jan 201201,10298.092.73$3,013
Dec 201101,11396.873.24$3,606
Nov 2011089095.723.31$2,947
Oct 2011291184.983.65$3,494
Sep 2011087983.623.99$3,504
Aug 2011092683.404.15$3,842
Jul 201101,00294.144.52$4,526
Jun 2011097792.904.64$4,533
May 201101,01898.134.40$4,484
Apr 20110957105.964.33$4,147
Mar 201101,17796.364.06$4,775
Feb 2011083085.644.18$3,469
Jan 201101,19486.504.59$5,479
Dec 201001,32885.734.35$5,774
Nov 201001,20780.843.80$4,581
Oct 201001,25178.103.51$4,390
Sep 201001,20972.633.98$4,811
Aug 201001,27473.684.42$5,630
Jul 201001,31172.554.74$6,210
Jun 201001,07270.364.91$5,264
May 201001,00171.124.24$4,239
Apr 201001,07581.694.12$4,432
Mar 201001,36178.394.39$5,973
Feb 201001,22573.585.44$6,667
Jan 201001,36674.365.96$8,147
Dec 200901,36071.445.48$7,458
Nov 200901,33074.593.75$4,990
Oct 200961,38072.544.11$6,107
Sep 200901,27165.543.06$3,895
Aug 200911,27467.423.22$4,168
Jul 200901,22161.133.46$4,230
Jun 200901,27566.163.90$4,966
May 200901,32154.743.93$5,186
Apr 200901,26246.773.59$4,527
Mar 200901,31342.144.06$5,329
Feb 200901,18232.814.63$5,476
Jan 200901,20635.865.37$6,477
Dec 200801,32837.105.98$7,938
Nov 200801,24455.496.86$8,534
Oct 200801,15675.246.92$8,002
Sep 200801,201101.767.88$9,460
Aug 200801,277114.228.48$10,833
Jul 200801,267131.0811.39$14,430
Jun 200801,277131.3313.03$16,643
May 200801,290123.1711.57$14,931
Apr 200801,319110.3110.45$13,790
Mar 200801,347101.909.66$13,018
Feb 200801,26492.538.77$11,086
Jan 200801,39490.388.21$11,439
Dec 200701,30188.337.30$9,500
Nov 200701,30791.677.29$9,530
Oct 200701,39682.856.92$9,663
Sep 200701,35175.846.24$8,436
Aug 200701,40569.066.39$8,975
Jul 200701,49970.906.39$9,576
Jun 200701,46362.007.55$11,043
May 200701,74658.747.85$13,700
Apr 200701,69059.617.81$13,191
Mar 200701,66556.927.30$12,158
Feb 200701,38555.108.22$11,379
Jan 200701,57750.306.73$10,608
Dec 200601,44856.656.92$10,018
Nov 200601,24054.207.62$9,446
Oct 200601,42754.906.01$8,582
Sep 200601,39460.085.04$7,022
Aug 200601,45468.717.34$10,672
Jul 200601,46769.376.34$9,305
Jun 200601,45766.286.38$9,301
May 200601,55966.016.42$10,017
Apr 200601,45364.397.36$10,695
Mar 200601,35556.707.08$9,597
Feb 200601,23357.597.75$9,557
Jan 200601,43160.598.93$12,784
Dec 200501,43054.9413.42$19,184
Nov 200501,40354.6910.59$14,856
Oct 200501,48658.3413.80$20,501
Sep 200501,36861.4512.08$16,524
Aug 200501,52461.519.80$14,930
Jul 200501,28155.697.84$10,048
Jun 200501,39552.337.38$10,297
May 200501,41745.226.65$9,425
Apr 200501,51549.207.36$11,151
Mar 200501,57650.377.15$11,276
Feb 200501,40245.226.31$8,849
Jan 200501,59643.166.32$10,090
Dec 200401,56739.866.75$10,579
Nov 200401,50045.286.33$9,496
Oct 200401,47249.706.52$9,590
Sep 200401,52043.245.28$8,032
Aug 200401,60542.375.55$8,909
Jul 200401,64138.286.08$9,984
Jun 200401,58836.106.43$10,216
May 200431,65737.486.49$10,874
Apr 200401,58734.475.86$9,297
Mar 200401,65834.365.53$9,169
Feb 200401,42232.455.51$7,835
Jan 200401,61932.036.30$10,199
Dec 200301,64930.266.30$10,391
Nov 200301,58528.804.60$7,283
Oct 200301,70628.174.76$8,120
Sep 200301,70826.314.75$8,112
Aug 200301,69029.765.13$8,669
Jul 200301,85029.415.17$9,566
Jun 200301,76028.565.98$10,530
May 200301,75326.595.97$10,470
Apr 200301,69026.675.41$9,138
Mar 200301,84331.146.10$11,235
Feb 200301,70533.487.93$13,514
Jan 200301,87230.315.58$10,450
Dec 200202,05726.914.85$9,984
Nov 200201,97024.664.14$8,150
Oct 200202,13426.464.23$9,025
Sep 200202,15727.443.64$7,841
Aug 200202,12625.963.16$6,727
Jul 200202,12124.583.06$6,494
Jun 200202,10823.733.34$7,037
May 200202,18624.663.58$7,835
Apr 200201,63723.653.51$5,750
Mar 200202,17122.003.10$6,736
Feb 200201,64518.222.38$3,908
Jan 200201,65217.172.38$3,925
Dec 200101,63916.932.36$3,875
Nov 200101,69318.072.41$4,073
Oct 200101,99919.782.53$5,055
Sep 200101,54524.262.25$3,478
Aug 200102,01424.873.05$6,149
Jul 200102,10323.933.20$6,723
Jun 200102,35624.563.82$9,010
May 200132,32125.524.31$10,074
Apr 200132,46924.685.34$13,247
Mar 200102,10224.545.38$11,301
Feb 200101,69127.755.77$9,752
Jan 200101,67727.478.40$14,085
Dec 200001,66126.889.12$15,152
Nov 200002,09932.215.66$11,876
Oct 200002,17731.235.15$11,202
Sep 200001,62231.875.19$8,413
Aug 200002,15029.644.54$9,763
Jul 200002,66028.534.09$10,879
Jun 200002,54029.304.40$11,169
May 200002,73127.263.68$10,049
Apr 200002,63624.513.12$8,214
Mar 200002,56028.422.86$7,321
Feb 200002,70627.622.73$7,378
Jan 200002,41625.272.48$5,993
Dec 199933,70924.282.42$9,062
Nov 199904,81923.192.43$11,729
Oct 1999173,02120.982.80$8,827
Sep 1999154,64021.752.62$12,478
Aug 199906,03219.262.88$17,346
Jul 1999012,13417.892.37$28,786
Jun 19990015.942.36$0

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
Condensate             0 bbl  × $106.41 =         $0
Gas                   15 Mcf  × $  3.05 =        $46

────────────────────────────────────────────────────
Month total                                      $46

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. 7C/G/173591 is the state's own key, not one this site invented.