READ "E" 141
READ "E" 141 is a Texas gas lease in Moore County, Railroad Commission district 10, operated by BP America Production Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2007 to August 2026, totalling 286,938 thousand cubic feet. 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 $120K, with roughly $18K 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 677 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 1,286 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 "E" 141
- Who operates READ "E" 141?
- READ "E" 141 is operated by BP America Production Company, Railroad Commission of Texas operator number 040798.
- Where is READ "E" 141?
- READ "E" 141 is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 227376.
- Is READ "E" 141 still producing?
- READ "E" 141 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for READ "E" 141 is August 2026.
- How much has READ "E" 141 produced?
- READ "E" 141 has reported 286,938 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2007 and August 2026, from 1 wellbore.
- How much is READ "E" 141 worth?
- The remaining production from READ "E" 141 is estimated to be worth about $120K in total as of 26 August 2026, within a range of $94K to $146K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in READ "E" 141 is a fraction of it. The estimate fits an Arps decline curve to the production READ "E" 141 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for READ "E" 141 is an estimate of value, not an offer and not an appraisal.
- How much income does READ "E" 141 generate in a year?
- READ "E" 141 is forecast to net about $18K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in READ "E" 141 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BP America Production Company |
|---|---|
| Field | Panhandle, West |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 227376 |
| Wellbores | 1 |
| Reported production | 286,938 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $120K |
Where READ "E" 141 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.