READ ET AL UNIT

Operated by FINLEY RESOURCES, INC. (P-5 268602) in the BRAHANEY field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 70317District 8AField 11308001Hydrogen sulphide fieldOilSaveExport
Value, all time
$9.8 M
Nov 2014 – May 2026
Value, last 12 filed months
$967 k
at the published price for each month
Months reported
139
no gaps in the span
Streams
1
oil

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 113 leases and 860 wells, and the rule below applies to all of them.

Discovered
1945-06-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2015-07-14.

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.

The Commission's schedule remark for this field reads: HORIZONTAL AND STACKED LATERAL RULES.

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
OilDisposition173,143 bbl$9,786,497
Total$9,786,497

Wells on this lease (4)

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 33.2056, -102.9188. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

33.20483, -102.91850 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
11,875 ft
4 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.
4100.0%

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

Between 11,840 and 12,050 ft, median 11,875 ft, over the 4 wells that filed a depth.

Completions filed
Nov 2014 – Aug 2015
4 of 4 wells

4 wells

42-50132590212,050 ftAug 2015
42-50132622311,840 ftJul 2015
42-50132510111,875 ftJul 2015
42-50133059411,874 ftNov 2014

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 (139)

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

139 months

May 20261,160106.413.05$123,436
Apr 20261,54698.932.87$152,946
Mar 20261,01789.753.15$91,276
Feb 202683663.503.75$53,086
Jan 20261,21559.138.00$71,843
Dec 20251,26356.664.41$71,562
Nov 202568158.593.93$39,900
Oct 20251,01559.383.30$60,271
Sep 20251,39462.743.08$87,460
Aug 20251,30963.933.01$83,684
Jul 202565266.743.32$43,514
Jun 20251,31966.483.13$87,687
May 20251,34160.553.23$81,198
Apr 20251,35662.363.54$84,560
Mar 20251,48067.704.27$100,196
Feb 202574770.884.34$52,947
Jan 202572874.324.28$54,105
Dec 20241,41168.993.12$97,345
Nov 20241,07369.052.20$74,091
Oct 20241,09671.372.28$78,222
Sep 20241,42869.612.36$99,403
Aug 202473775.632.06$55,739
Jul 20241,09579.932.15$87,523
Jun 202473378.082.63$57,233
May 202472278.812.20$56,901
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 202413376.091.78$10,120
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 202317580.522.67$14,091
Jul 202335874.852.64$26,796
Jun 2023068.962.26$0
May 202336670.622.23$25,847
Apr 202389278.122.24$69,683
Mar 202370272.852.39$51,141
Feb 202372675.112.47$54,530
Jan 20231,07776.533.39$82,423
Dec 202268676.415.73$52,417
Nov 202293485.005.65$79,390
Oct 202292287.185.86$80,380
Sep 202272284.888.16$61,283
Aug 202273794.529.13$69,661
Jul 20221,456101.587.54$147,900
Jun 20221,388115.097.98$159,745
May 2022719109.378.43$78,637
Apr 20221,415104.226.84$147,471
Mar 20221,067108.885.08$116,175
Feb 20221,07791.054.86$98,061
Jan 20221,43181.844.54$117,113
Dec 20211,20571.323.90$85,941
Nov 202185477.435.24$66,125
Oct 20211,37479.795.71$109,631
Sep 20211,15269.865.35$80,479
Aug 202168666.024.22$45,290
Jul 20211,16170.783.98$82,176
Jun 202148969.493.38$33,981
May 20211,02063.483.02$64,750
Apr 20211,01660.362.76$61,326
Mar 202166661.302.72$40,826
Feb 202169457.805.55$40,113
Jan 202137450.412.81$18,853
Dec 202074044.642.68$33,034
Nov 202037038.772.71$14,345
Oct 202074836.972.48$27,654
Sep 20201,83537.091.99$68,060
Aug 202054739.982.39$21,869
Jul 20201,61138.371.83$61,814
Jun 202090834.901.69$31,689
May 2020016.921.81$0
Apr 202055014.751.80$8,113
Mar 20202,18530.341.86$66,293
Feb 202036349.881.98$18,106
Jan 20201,06457.252.09$60,914
Dec 20191,96659.012.30$116,014
Nov 20191,45355.302.75$80,351
Oct 201973153.472.42$39,087
Sep 20191,04155.052.66$57,307
Aug 20192,12553.112.30$112,859
Jul 20191,22456.272.46$68,874
Jun 20191,69852.782.49$89,620
May 20191,69958.482.74$99,358
Apr 20191,10762.632.75$69,331
Mar 20191,82256.803.06$103,490
Feb 20191,46050.852.79$74,241
Jan 20191,84046.033.23$84,695
Dec 20181,81646.594.19$84,607
Nov 20181,42852.934.24$75,584
Oct 201871061.443.40$43,622
Sep 20181,24159.543.11$73,889
Aug 20181,26659.403.07$75,200
Jul 20181,63365.142.93$106,374
Jun 20181,76460.183.08$106,158
May 20181,60365.382.90$104,804
Apr 20181,97063.842.90$125,765
Mar 20181,95461.222.79$119,624
Feb 20181,73561.782.77$107,188
Jan 20181,52862.874.01$96,065
Dec 20172,72357.272.92$155,946
Nov 20172,06155.423.12$114,221
Oct 20172,08849.292.98$102,918
Sep 20172,81347.523.09$133,674
Aug 20172,11345.373.00$95,867
Jul 20172,06543.873.09$90,592
Jun 20172,42642.493.09$103,081
May 20172,12445.373.26$96,366
Apr 20171,41047.933.21$67,581
Mar 20173,07346.772.98$143,724
Feb 20171,03150.452.95$52,014
Jan 20171,72149.413.42$85,035
Dec 20161,01148.763.72$49,296
Nov 20161,69042.492.64$71,808
Oct 20162,04746.193.09$94,551
Sep 20162,35541.553.10$97,850
Aug 20161,68341.442.92$69,744
Jul 20161,34641.622.92$56,021
Jun 20162,39745.352.69$108,704
May 20161,74242.521.99$74,070
Apr 20162,15236.561.99$78,677
Mar 20162,74333.011.79$90,546
Feb 20162,05126.472.06$54,290
Jan 20162,74527.352.36$75,076
Dec 20152,16632.362.00$70,092
Nov 20152,84738.792.17$110,435
Oct 20153,19243.552.43$139,012
Sep 20153,60542.992.76$154,979
Aug 20154,51540.162.87$181,322
Jul 20151,01748.152.95$48,969
Jun 201573456.152.88$41,214
May 20151,11255.212.96$61,394
Apr 201573649.822.71$36,668
Mar 201584642.892.93$36,285
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$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
Oil                1,160 bbl  × $106.41 =   $123,436

────────────────────────────────────────────────────
Month total                                 $123,436

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. 8A/O/70317 is the state's own key, not one this site invented.