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Royalty Clerk

Texas gas well · RRC district 10 · Lease 025596

Producing

READ

Read is a gas well in Moore County, Texas, operated by Pantera Energy Company in the Panhandle, West field. The Railroad Commission shows 9,250 mcf of gas in the 12 months through Jul 2026.

Gas well dossier · 1 well

9,250mcf gas, last 12 months−10% vs prior year
Operator
Pantera Energy Company
County
Moore County
Field
Panhandle, West
RRC lease
10-025596

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Where it sits

This county

Moore CountyMooreHutchinsonHansfordShermanDallamOldhamHartleyMoore County
Moore County · RRC district 10Open Moore County →
Gas in Jul 2026
893 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 10% over the last 12 months

9,250 mcf in the 12 months through Jul 2026, against 10,241 mcf in the 12 months before.

  • Gas (bars, left axis)
  • Last 12 months
Gas output fell 10% over the last 12 monthsMonthly gas production for READ, Aug 2023 to Jul 2026. Gas output fell 10% over the last 12 months. 9,250 mcf in the 12 months through Jul 2026, against 10,241 mcf in the 12 months before.Last 12 months: 9,250 mcfmcf per month02505007501,0001,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 10% over the last 12 monthsMonthly gas production for READ, Aug 2023 to Jul 2026. Gas output fell 10% over the last 12 months. 9,250 mcf in the 12 months through Jul 2026, against 10,241 mcf in the 12 months before.Last 12 monthsmcf per month02505007501,0001,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas well 025596, district 10. 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 processing plant 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 processing plant in the last 12 monthsShare of READ gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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 processing plant in the last 12 monthsShare of READ gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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 025596, district 10. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

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.

Pantera Energy Company has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timePantera Energy Company, Jan 2020 to Jul 20262020202120222023202420252026Pantera Energy CompanyJan 2020 to nowthrough Jul 2026
Operators of this lease over timePantera Energy Company, Jan 2020 to Jul 20262020202120222023202420252026Pantera Energy CompanyJan 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 025596 in district 10. The API number is the state’s ID for a well.
Wells on READ
API numberWell no.Status
42-341-80950D 1Active

SourceTexas Railroad Commission Wellbore Query, district 10, lease 025596.

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.

  • Condensate

    Valero Marketing and Supply Co. gathers it.

    100% of it, on the list since Jan 1, 2003

  • Gas from gas wells

    Energy Transfer Company buys and gathers it.

    Energy Transfer Company buys it: 100% of it, on the list since Nov 1, 2015 · Energy Transfer Company gathers it: 100% of it, on the list since Nov 1, 2015

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

What the drilling permits say

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
Jul 25, 1954
Latest permit
–
Wells and acres on the permits for Read
API numberWell no.Acreson the permit
42-341-80950D 1–

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 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
MonthGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Pantera Energy8938930$80.46$2.89
Jun 2026Pantera Energy8788780$84.81$3.15
May 2026Pantera Energy9409400$102.13$2.94
Apr 2026Pantera Energy9849840$100.32$2.77
Mar 2026Pantera Energy1,1061,1060$91.38$3.04
Feb 2026Pantera Energy5385380$64.51$3.62
Jan 2026Pantera Energy1,0521,0520$60.04$7.72
Dec 2025Pantera Energy1,1811,1810$57.97$4.26
Nov 2025Pantera Energy1,1671,1670$60.06$3.79
Oct 2025Pantera Energy000$60.89$3.19
Sep 2025Pantera Energy2352350$63.96$2.97
Aug 2025Pantera Energy2762760$64.86$2.91
Jul 2025Pantera Energy9069060$68.39$3.20
Jun 2025Pantera Energy8928920$68.17$3.02
May 2025Pantera Energy9549540$62.17$3.12
Apr 2025Pantera Energy9749740$63.54$3.42
Mar 2025Pantera Energy8788780$68.24$4.12
Feb 2025Pantera Energy6806800$71.53$4.19
Jan 2025Pantera Energy8488480$75.74$4.13
Dec 2024Pantera Energy1,0011,0010$70.12$3.01
Nov 2024Pantera Energy1,1381,1380$69.95$2.12
Oct 2024Pantera Energy2692690$71.99$2.20
Sep 2024Pantera Energy8428420$70.24$2.28
Aug 2024Pantera Energy8598590$76.68$1.99
Jul 2024Pantera Energy8628620$81.80$2.07
Jun 2024Pantera Energy8248240$79.77$2.54
May 2024Pantera Energy8698690$80.02$2.12
Apr 2024Pantera Energy8308300$85.35$1.60
Mar 2024Pantera Energy8808800$81.28$1.49
Feb 2024Pantera Energy8338330$77.25$1.72
Jan 2024Pantera Energy8968960$74.15$3.18
Dec 2023Pantera Energy9059050$71.90$2.52
Nov 2023Pantera Energy8888880$77.69$2.71
Oct 2023Pantera Energy9309300$85.64$2.98
Sep 2023Pantera Energy8618610$89.43$2.64
Aug 2023Pantera Energy9299290$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

OperatorPantera Energy CompanyFieldPanhandle, WestCountyMoore County

Pantera Energy Company in Moore County

All Pantera Energy Company leases →

Panhandle, West field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • SULLIVAN

    3 bbl last 12 months · 0.9 km away

  • SWEATT 125

    4,077 mcf last 12 months · 1.1 km away

  • BRAY

    2,104 mcf last 12 months · 1.2 km away

  • READ -C-

    19,163 mcf last 12 months · 1.5 km away

  • LYDA

    4,722 mcf last 12 months · 1.6 km away

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 025596, district 10, 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.