READ
READ is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Trans Terra Corp., International. It has 20 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 27,078 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 $940, with roughly $181 expected over the next twelve months.
| Operator | Trans Terra Corp., International |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 02709 |
| Wellbores | 20 |
| Reported production | 27,078 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $940 |
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.