MARY READ
MARY READ is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Blackbeard Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2019 to August 2026, totalling 25,456 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 $1.0M, with roughly $190K 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 199 barrels a month. Its strongest month on the record we hold was December 2019, at 1,549 barrels. 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 MARY READ
- Who operates MARY READ?
- MARY READ is operated by Blackbeard Operating, LLC, Railroad Commission of Texas operator number 073056.
- Where is MARY READ?
- MARY READ is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55529.
- Is MARY READ still producing?
- MARY READ is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARY READ is August 2026.
- How much has MARY READ produced?
- MARY READ has reported 25,456 barrels of oil (bbl) to the Railroad Commission of Texas between November 2019 and August 2026, from 1 wellbore.
- How much is MARY READ worth?
- The remaining production from MARY READ is estimated to be worth about $1.0M in total as of 27 August 2026, within a range of $797K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARY READ is a fraction of it. The estimate fits an Arps decline curve to the production MARY READ has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARY READ is an estimate of value, not an offer and not an appraisal.
- How much income does MARY READ generate in a year?
- MARY READ is forecast to net about $190K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARY READ receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blackbeard Operating, LLC |
|---|---|
| Field | Monahans, North (Clearfork) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 55529 |
| Wellbores | 1 |
| Reported production | 25,456 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where MARY READ 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.