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 174961District 7CField 750293702 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Oct 1999 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
320
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 Gas112000-01-11141144
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
CondensateDisposition98 bbl$3,264
GasProduction544,589 Mcf$2,582,828
Total$2,586,092

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 30.5622, -101.0702. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.56224, -101.07023 · 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
9,400 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 9,400 ft.

Completions filed
Oct 1999
1 of 1 wells

1 well

42-1053827149,400 ftOct 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 (320)

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

320 months

May 2026015106.413.05$46
Apr 20260098.932.87$0
Mar 2026037089.753.15$1,165
Feb 2026037063.503.75$1,388
Jan 2026047659.138.00$3,807
Dec 2025047356.664.41$2,088
Nov 2025043358.593.93$1,700
Oct 2025046659.383.30$1,540
Sep 2025046062.743.08$1,415
Aug 2025047363.933.01$1,426
Jul 2025047366.743.32$1,568
Jun 2025045966.483.13$1,436
May 2025046260.553.23$1,493
Apr 2025046262.363.54$1,637
Mar 2025047867.704.27$2,040
Feb 2025043070.884.34$1,867
Jan 2025047574.324.28$2,032
Dec 2024047468.993.12$1,480
Nov 2024046069.052.20$1,011
Oct 2024047171.372.28$1,075
Sep 2024046069.612.36$1,088
Aug 2024047675.632.06$982
Jul 2024044079.932.15$945
Jun 2024043378.082.63$1,141
May 2024045278.812.20$994
Apr 2024044084.451.66$730
Mar 2024042580.301.55$657
Feb 2024042376.091.78$754
Jan 2024049673.023.30$1,636
Dec 2023053371.262.61$1,392
Nov 2023051477.892.81$1,443
Oct 2023054285.443.09$1,673
Sep 2023051789.042.74$1,414
Aug 2023049780.522.67$1,328
Jul 2023053174.852.64$1,403
Jun 2023050868.962.26$1,147
May 2023053570.622.23$1,192
Apr 2023052478.122.24$1,173
Mar 2023054172.852.39$1,295
Feb 2023049175.112.47$1,211
Jan 2023055876.533.39$1,890
Dec 2022056176.415.73$3,214
Nov 2022052385.005.65$2,953
Oct 2022056087.185.86$3,284
Sep 2022055784.888.16$4,547
Aug 2022056194.529.13$5,120
Jul 20220586101.587.54$4,420
Jun 20220594115.097.98$4,738
May 20220636109.378.43$5,363
Apr 20220613104.226.84$4,191
Mar 20220680108.885.08$3,452
Feb 2022061091.054.86$2,964
Jan 2022065081.844.54$2,949
Dec 2021070871.323.90$2,761
Nov 2021069877.435.24$3,655
Oct 2021072479.795.71$4,137
Sep 2021084769.865.35$4,532
Aug 2021068966.024.22$2,908
Jul 2021095570.783.98$3,803
Jun 2021032169.493.38$1,085
May 2021028863.483.02$869
Apr 2021027760.362.76$764
Mar 2021024161.302.72$655
Feb 20210057.805.55$0
Jan 202102050.412.81$56
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 202005936.972.48$146
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 2020054430.341.86$1,010
Feb 2020048249.881.98$955
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 201908562.632.75$234
Mar 2019097156.803.06$2,973
Feb 2019086650.852.79$2,418
Jan 2019072846.033.23$2,350
Dec 2018096446.594.19$4,035
Nov 2018090652.934.24$3,839
Oct 2018097361.443.40$3,306
Sep 2018098859.543.11$3,071
Aug 2018098859.403.07$3,030
Jul 2018098565.142.93$2,888
Jun 2018093860.183.08$2,886
May 2018099765.382.90$2,892
Apr 2018096663.842.90$2,802
Mar 201801,00761.222.79$2,806
Feb 2018090961.782.77$2,514
Jan 2018084362.874.01$3,380
Dec 2017099357.272.92$2,901
Nov 201701,07855.423.12$3,362
Oct 201701,12149.292.98$3,345
Sep 201701,08547.523.09$3,350
Aug 201701,11545.373.00$3,350
Jul 201701,11343.873.09$3,436
Jun 201701,04642.493.09$3,229
May 201701,05845.373.26$3,453
Apr 201701,00847.933.21$3,237
Mar 201701,04046.772.98$3,103
Feb 2017093950.452.95$2,772
Jan 2017099249.413.42$3,391
Dec 2016098848.763.72$3,678
Nov 2016093442.492.64$2,470
Oct 2016099646.193.09$3,078
Sep 2016096641.553.10$2,995
Aug 2016099941.442.92$2,921
Jul 201601,00041.622.92$2,924
Jun 201601,17545.352.69$3,156
May 201601,20942.521.99$2,407
Apr 201601,20936.561.99$2,407
Mar 201601,22633.011.79$2,199
Feb 201601,18826.472.06$2,452
Jan 201601,26627.352.36$2,993
Dec 201501,27632.362.00$2,554
Nov 201501,22638.792.17$2,657
Oct 201501,28043.552.43$3,106
Sep 201501,27642.992.76$3,520
Aug 201501,23540.162.87$3,548
Jul 201501,29048.152.95$3,799
Jun 201501,22156.152.88$3,520
May 201501,29655.212.96$3,830
Apr 201501,24949.822.71$3,381
Mar 201501,28242.892.93$3,762
Feb 201501,09844.662.98$3,268
Jan 201501,35543.433.10$4,201
Dec 201401,31754.693.59$4,730
Nov 201401,31770.464.25$5,600
Oct 201401,38178.303.90$5,387
Sep 201401,32486.164.05$5,356
Aug 201401,23489.394.04$4,979
Jul 201401,22896.564.18$5,133
Jun 201401,19398.164.74$5,651
May 201401,23894.734.73$5,851
Apr 201401,22495.944.81$5,886
Mar 201401,05195.895.06$5,315
Feb 201401,13097.406.19$6,997
Jan 201401,24390.404.86$6,042
Dec 2013096191.824.35$4,185
Nov 201301,15888.853.74$4,329
Oct 201301,23397.423.78$4,660
Sep 201301,211104.113.72$4,502
Aug 201301,232104.253.52$4,340
Jul 201301,207102.523.72$4,487
Jun 201301,38794.403.93$5,456
May 201301,41394.834.15$5,863
Apr 201301,39993.964.28$5,991
Mar 201301,49093.623.91$5,830
Feb 201301,23391.233.42$4,217
Jan 201301,48291.603.42$5,068
Dec 201201,48686.773.42$5,082
Nov 201201,42886.953.62$5,176
Oct 201201,47989.383.40$5,028
Sep 201201,43194.672.92$4,176
Aug 201201,19792.662.91$3,481
Jul 201201,09185.133.02$3,296
Jun 201201,40079.822.52$3,527
May 201201,29991.612.49$3,232
Apr 201201,427101.652.00$2,849
Mar 201201,254105.052.22$2,786
Feb 201201,411101.102.57$3,627
Jan 201201,47598.092.73$4,033
Dec 201101,47696.873.24$4,782
Nov 201101,41895.723.31$4,695
Oct 201101,41584.983.65$5,163
Sep 201101,36483.623.99$5,437
Aug 201101,43883.404.15$5,967
Jul 201101,45094.144.52$6,550
Jun 201101,41592.904.64$6,565
May 201101,46298.134.40$6,440
Apr 201101,331105.964.33$5,768
Mar 201101,46096.364.06$5,924
Feb 201101,00385.644.18$4,193
Jan 201101,44786.504.59$6,640
Dec 201001,60885.734.35$6,991
Nov 201001,43080.843.80$5,427
Oct 201001,47978.103.51$5,190
Sep 201001,43172.633.98$5,695
Aug 201001,42673.684.42$6,302
Jul 201001,44572.554.74$6,844
Jun 201001,31370.364.91$6,447
May 201001,21371.124.24$5,137
Apr 201001,19581.694.12$4,927
Mar 201001,29778.394.39$5,692
Feb 201001,22373.585.44$6,656
Jan 201001,45174.365.96$8,654
Dec 200901,44471.445.48$7,919
Nov 200901,38774.593.75$5,203
Oct 200911,45072.544.11$6,032
Sep 200901,39965.543.06$4,288
Aug 200941,40267.423.22$4,782
Jul 2009101,43361.133.46$5,576
Jun 200901,40366.163.90$5,465
May 200901,45354.743.93$5,704
Apr 200901,40746.773.59$5,048
Mar 200901,31442.144.06$5,334
Feb 200901,23832.814.63$5,736
Jan 200901,23735.865.37$6,644
Dec 200801,41837.105.98$8,476
Nov 200801,58055.496.86$10,839
Oct 200801,45575.246.92$10,071
Sep 200801,413101.767.88$11,130
Aug 200801,656114.228.48$14,048
Jul 200821,680131.0811.39$19,396
Jun 200801,651131.3313.03$21,517
May 200801,653123.1711.57$19,132
Apr 200801,748110.3110.45$18,275
Mar 200801,776101.909.66$17,163
Feb 200801,63192.538.77$14,305
Jan 200801,79890.388.21$14,754
Dec 200701,68388.337.30$12,289
Nov 200701,69091.677.29$12,323
Oct 200701,88882.856.92$13,069
Sep 200701,82675.846.24$11,402
Aug 200701,89969.066.39$12,131
Jul 200702,02670.906.39$12,942
Jun 200701,97762.007.55$14,923
May 200702,06758.747.85$16,218
Apr 200702,00159.617.81$15,618
Mar 200701,97056.927.30$14,385
Feb 200701,60255.108.22$13,162
Jan 200701,89550.306.73$12,747
Dec 200602,01356.656.92$13,927
Nov 200601,88354.207.62$14,344
Oct 200601,98454.906.01$11,931
Sep 200602,00860.085.04$10,115
Aug 200602,09668.717.34$15,384
Jul 200601,96369.376.34$12,451
Jun 200602,32566.286.38$14,843
May 200602,48766.016.42$15,979
Apr 200602,38764.397.36$17,569
Mar 200602,19756.707.08$15,561
Feb 200602,03157.597.75$15,743
Jan 200602,35660.598.93$21,047
Dec 200502,35554.9413.42$31,593
Nov 200502,31154.6910.59$24,470
Oct 200502,44758.3413.80$33,758
Sep 200502,25561.4512.08$27,238
Aug 200502,51161.519.80$24,600
Jul 200502,11055.697.84$16,550
Jun 200502,27752.337.38$16,807
May 200502,31545.226.65$15,397
Apr 200502,47549.207.36$18,217
Mar 200502,57450.377.15$18,417
Feb 200502,24945.226.31$14,196
Jan 200502,56143.166.32$16,191
Dec 200402,51639.866.75$16,986
Nov 200402,40645.286.33$15,231
Oct 200402,38749.706.52$15,552
Sep 200402,46543.245.28$13,025
Aug 200402,60142.375.55$14,437
Jul 200402,66038.286.08$16,184
Jun 200402,57536.106.43$16,565
May 200402,68637.486.49$17,444
Apr 200402,57434.475.86$15,080
Mar 200402,68934.365.53$14,871
Feb 200402,30732.455.51$12,711
Jan 200402,62532.036.30$16,537
Dec 200302,73630.266.30$17,241
Nov 200302,63028.804.60$12,085
Oct 200302,83128.174.76$13,475
Sep 200302,83626.314.75$13,469
Aug 200302,79529.765.13$14,338
Jul 200302,96429.415.17$15,326
Jun 200302,78428.565.98$16,657
May 200302,80826.595.97$16,771
Apr 200302,70526.675.41$14,627
Mar 200302,95231.146.10$17,996
Feb 200302,72933.487.93$21,630
Jan 200302,99930.315.58$16,741
Dec 200203,29626.914.85$15,998
Nov 200203,15624.664.14$13,056
Oct 200203,41826.464.23$14,455
Sep 200203,45527.443.64$12,560
Aug 200203,40625.963.16$10,777
Jul 200203,57624.583.06$10,949
Jun 200203,55523.733.34$11,867
May 200203,73024.663.58$13,368
Apr 200203,45523.653.51$12,135
Mar 200203,83522.003.10$11,899
Feb 200203,29018.222.38$7,816
Jan 200203,58917.172.38$8,526
Dec 200133,16516.932.36$7,534
Nov 200103,52818.072.41$8,487
Oct 200153,83119.782.53$9,787
Sep 200104,05124.262.25$9,120
Aug 200144,13224.873.05$12,715
Jul 200104,24523.933.20$13,572
Jun 2001275,23124.563.82$20,667
May 200164,93625.524.31$21,414
Apr 200104,46224.685.34$23,806
Mar 200135,25324.545.38$28,316
Feb 200104,74027.755.77$27,336
Jan 2001175,50627.478.40$46,711
Dec 200044,82726.889.12$44,142
Nov 200004,36232.215.66$24,680
Oct 200005,77931.235.15$29,736
Sep 200004,84731.875.19$25,139
Aug 200005,96929.644.54$27,104
Jul 200056,30628.534.09$25,933
Jun 200006,37529.304.40$28,032
May 200036,60827.263.68$24,398
Apr 200006,78924.513.12$21,155
Mar 200007,69628.422.86$22,009
Feb 200047,58127.622.73$20,780
Jan 200008,18525.272.48$20,303
Dec 1999012,89124.282.42$31,244
Nov 199907,60823.192.43$18,518
Oct 199909,64920.982.80$27,053

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/174961 is the state's own key, not one this site invented.