READ ET AL UNIT
READ ET AL UNIT is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Finley Resources, Inc. It has 4 wellbores on file with the Commission. Reported production runs from November 2014 to August 2026, totalling 173,745 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $3.4M, with roughly $775K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1,107 barrels a month, about 277 per wellbore. Its strongest month on the record we hold was March 2017, at 3,032 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about READ ET AL UNIT
- Who operates READ ET AL UNIT?
- READ ET AL UNIT is operated by Finley Resources, Inc., Railroad Commission of Texas operator number 268602.
- Where is READ ET AL UNIT?
- READ ET AL UNIT is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70317.
- Is READ ET AL UNIT still producing?
- READ ET AL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for READ ET AL UNIT is August 2026.
- How much has READ ET AL UNIT produced?
- READ ET AL UNIT has reported 173,745 barrels of oil (bbl) to the Railroad Commission of Texas between November 2014 and August 2026, from 4 wellbores.
- How much is READ ET AL UNIT worth?
- The remaining production from READ ET AL UNIT is estimated to be worth about $3.4M in total as of 27 August 2026, within a range of $2.8M to $4.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in READ ET AL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production READ ET AL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for READ ET AL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does READ ET AL UNIT generate in a year?
- READ ET AL UNIT is forecast to net about $775K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in READ ET AL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Finley Resources, Inc. |
|---|---|
| Field | Brahaney |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 70317 |
| Wellbores | 4 |
| Reported production | 173,745 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.4M |
Where READ ET AL UNIT sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.