READ 34
READ 34 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Paladin Petroleum Iii, L.L.C. It has 2 wellbores on file with the Commission. Reported production runs from June 2020 to August 2026, totalling 178,219 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $33K, with roughly $16K expected over the next twelve months.
| Operator | Paladin Petroleum Iii, L.L.C. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 54583 |
| Wellbores | 2 |
| Reported production | 178,219 bbl |
| First reported | June 2020 |
| Last reported | August 2026 |
| Estimated royalty value | $33K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.