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Royalty Clerk

Texas gas well · RRC district 7C · Lease 157003

Producing

READ 1

Read 1 is a gas well in Crockett County, Texas, operated by Primal Energy Corporation in the Read Ranch (Strawn) field. The Railroad Commission shows 3,654 mcf of gas in the 12 months through Jul 2026.

Gas well dossier · 1 well

3,654mcf gas, last 12 months−40% vs prior year
Operator
Primal Energy Corporation
County
Crockett County
Field
Read Ranch (Strawn)
RRC lease
7C-157003

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Where it sits

This county

Crockett CountyCrockettIrionUptonReaganCrockett County
Crockett County · RRC district 7COpen Crockett County →
Gas in Jul 2026
0 mcf
Reporting to the state
since Jan 2020
Wells
1
Data through
Jul 2026

Production

Month by month, from the state record

What the Railroad Commission says this gas well produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Gas output fell 40% over the last 12 months

3,654 mcf in the 12 months through Jul 2026, against 6,120 mcf in the 12 months before.

  • Gas (bars, left axis)
  • Last 12 months
Gas output fell 40% over the last 12 monthsMonthly gas production for READ 1, Aug 2023 to Jul 2026. Gas output fell 40% over the last 12 months. 3,654 mcf in the 12 months through Jul 2026, against 6,120 mcf in the 12 months before.Last 12 months: 3,654 mcfmcf per month0200400600800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 40% over the last 12 monthsMonthly gas production for READ 1, Aug 2023 to Jul 2026. Gas output fell 40% over the last 12 months. 3,654 mcf in the 12 months through Jul 2026, against 6,120 mcf in the 12 months before.Last 12 monthsmcf per month0200400600800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas well 157003, district 7C. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

All of the gas went to a transmission line in the last 12 months

Each bar is one month. Colors are the disposition codes the operator reported.

All of the gas went to a transmission line in the last 12 monthsShare of READ 1 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of READ 1 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 157003, district 7C. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

None of the gas was flared in the last 12 months.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Primal Energy Corporation has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timePrimal Energy Corporation, Jan 2020 to Jul 20262020202120222023202420252026Primal Energy CorporationJan 2020 to nowthrough Jul 2026
Operators of this lease over timePrimal Energy Corporation, Jan 2020 to Jul 20262020202120222023202420252026Primal Energy CorporationJan 2020 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to gas well 157003 in district 7C. The API number is the state’s ID for a well.
Wells on READ 1
API numberWell no.Status
42-105-347931Active

SourceTexas Railroad Commission Wellbore Query, district 7C, lease 157003.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Gas from gas wells

    Stonewater Pipeline Company LLC buys it.

    100% of it, on the list since Feb 1, 2008

  • Full well stream

    Stonewater Pipeline Company LLC gathers it.

    100% of it, on the list since Feb 1, 2008

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

640 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
0
First completion
Dec 21, 1995
Latest permit
Nov 28, 1995
Wells and acres on the permits for Read 1
API numberWell no.Acreson the permit
42-105-347931640

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says READ 1 sold each month.

For example 0.00097656, or a fraction like 1/1024.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Gas sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for READ 1
MonthGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Primal Energy000$80.46$2.89
Jun 2026Primal Energy15150$84.81$3.15
May 2026Primal Energy15150$102.13$2.94
Apr 2026Primal Energy000$100.32$2.77
Mar 2026Primal Energy3773770$91.38$3.04
Feb 2026Primal Energy3773770$64.51$3.62
Jan 2026Primal Energy4864860$60.04$7.72
Dec 2025Primal Energy4844840$57.97$4.26
Nov 2025Primal Energy4544540$60.06$3.79
Oct 2025Primal Energy4884880$60.89$3.19
Sep 2025Primal Energy4724720$63.96$2.97
Aug 2025Primal Energy4864860$64.86$2.91
Jul 2025Primal Energy4864860$68.39$3.20
Jun 2025Primal Energy4714710$68.17$3.02
May 2025Primal Energy4934930$62.17$3.12
Apr 2025Primal Energy4904900$63.54$3.42
Mar 2025Primal Energy5085080$68.24$4.12
Feb 2025Primal Energy4584580$71.53$4.19
Jan 2025Primal Energy5065060$75.74$4.13
Dec 2024Primal Energy5055050$70.12$3.01
Nov 2024Primal Energy4914910$69.95$2.12
Oct 2024Primal Energy5525520$71.99$2.20
Sep 2024Primal Energy5385380$70.24$2.28
Aug 2024Primal Energy6226220$76.68$1.99
Jul 2024Primal Energy5735730$81.80$2.07
Jun 2024Primal Energy5675670$79.77$2.54
May 2024Primal Energy5945940$80.02$2.12
Apr 2024Primal Energy4834830$85.35$1.60
Mar 2024Primal Energy4204200$81.28$1.49
Feb 2024Primal Energy4184180$77.25$1.72
Jan 2024Primal Energy4794790$74.15$3.18
Dec 2023Primal Energy5055050$71.90$2.52
Nov 2023Primal Energy4214210$77.69$2.71
Oct 2023Primal Energy4444440$85.64$2.98
Sep 2023Primal Energy4234230$89.43$2.64
Aug 2023Primal Energy5245240$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorPrimal Energy CorporationFieldRead Ranch (Strawn)CountyCrockett County

Primal Energy Corporation in Crockett County

All Primal Energy Corporation leases →

Read Ranch (Strawn) field

  • READ 3

    3,675 mcf last 12 months

  • READ 6

    3,667 mcf last 12 months

  • READ 4

    3,664 mcf last 12 months

  • READ 1

    3,551 mcf last 12 months

  • READ 1

    3,491 mcf last 12 months

All leases in this field →

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Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Gas sold” volume for the month the check covers and multiply it by your decimal. The answer should match the mcf on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, gas well 157003, district 7C, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.

FAQ

Questions about READ 1

Who operates the READ 1 lease?

The Railroad Commission lists Primal Energy Corporation (operator number 677741) as the operator of this lease in Crockett County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the READ 1 lease produced?

The lease reported 3,654 mcf of gas in the last 12 months through Jul 2026. Monthly figures for 36 months are in the ledger on this page, taken from the Railroad Commission's production data.

Does this page show who owns the royalty?

No. Railroad Commission records show who operates a lease and what it reported, not who owns the minerals or receives royalty. Your division order and royalty stub name the lease and your decimal interest.

How do I check my royalty stub against this lease?

Multiply the lease's volume for a month by your decimal interest and compare it with the barrels and mcf on your stub for the same month. The two are seldom identical, since sales and reporting months can differ, but a large gap is worth a question to the operator.

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