Texas oil lease · RRC district 10 · Lease 02709
ProducingREAD
Read is an oil lease in Gray County, Texas, operated by Ponderosa TX Operating LLC in the Panhandle Gray County Field field. The Railroad Commission shows 121 bbl of oil in the 12 months through Jun 2026.
Oil lease dossier · 20 wells
- Operator
- Ponderosa TX Operating LLC
- County
- Gray County
- RRC lease
- 10-02709
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Where it sits
This county
- Oil in Jun 2026
- 7 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 20
- Data through
- Jun 2026
Production
Month by month, from the state record
Oil output held steady over the last 12 months
109 bbl in the 12 months through Jul 2026, against 106 bbl in the 12 months before. Jul 2026 was not reported. A red cross marks each one.
- Oil (bars, left axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 02709, district 10. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
No gas disposition reported for this lease
Operator history
Who has run this lease
Ponderosa TX Operating LLC has reported this lease for the whole period
No change of operator in the months we hold.
- Ponderosa TX Operating LLC Jan 2020 to Jun 2026
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
20 wells on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-179-04592 | 15 | Active | – |
| 42-179-04595 | 2W | Active | – |
| 42-179-04598 | 6 | Active | – |
| 42-179-04599 | 7 | Active | – |
| 42-179-04600 | 8 | Active | – |
| 42-179-08275 | 4 | Active | – |
| 42-179-32061 | K 1 | Shut-in | – |
| 42-179-32074 | K 2 | Shut-in | – |
| 42-179-32075 | K 3 | Shut-in | – |
| 42-179-84373 | 1 | Shut-in | – |
| 42-179-84375 | 3 | Shut-in | – |
| 42-179-84377 | 5 | Shut-in | – |
| 42-179-84381 | 9 | Shut-in | – |
| 42-179-84382 | 10 | Shut-in | – |
| 42-179-84383 | 11 | Shut-in | – |
| 42-179-84384 | 12 | Active | – |
| 42-179-84385 | 13 | Shut-in | – |
| 42-179-84386 | 14 | Active | – |
| 42-179-84388 | 16 | Shut-in | – |
| 42-179-84389 | 17 | Shut-in | – |
SourceTexas Railroad Commission Wellbore Query, district 10, lease 02709.
Estimator
Estimate your royalty for this lease
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.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|
| Jul 2026No report | – | – | $80.46 | $2.89 |
| Jun 2026Ponderosa TX | 7 | 0 | $84.81 | $3.15 |
| May 2026Ponderosa TX | 22 | 0 | $102.13 | $2.94 |
| Apr 2026Ponderosa TX | 15 | 0 | $100.32 | $2.77 |
| Mar 2026Ponderosa TX | 11 | 0 | $91.38 | $3.04 |
| Feb 2026Ponderosa TX | 12 | 0 | $64.51 | $3.62 |
| Jan 2026Ponderosa TX | 17 | 0 | $60.04 | $7.72 |
| Dec 2025Ponderosa TX | 10 | 0 | $57.97 | $4.26 |
| Nov 2025Ponderosa TX | 2 | 0 | $60.06 | $3.79 |
| Oct 2025Ponderosa TX | 3 | 0 | $60.89 | $3.19 |
| Sep 2025Ponderosa TX | 1 | 85 | $63.96 | $2.97 |
| Aug 2025Ponderosa TX | 9 | 0 | $64.86 | $2.91 |
| Jul 2025Ponderosa TX | 12 | 0 | $68.39 | $3.20 |
| Jun 2025Ponderosa TX | 11 | 0 | $68.17 | $3.02 |
| May 2025Ponderosa TX | 11 | 0 | $62.17 | $3.12 |
| Apr 2025Ponderosa TX | 9 | 0 | $63.54 | $3.42 |
| Mar 2025Ponderosa TX | 13 | 0 | $68.24 | $4.12 |
| Feb 2025Ponderosa TX | 10 | 0 | $71.53 | $4.19 |
| Jan 2025Ponderosa TX | 10 | 0 | $75.74 | $4.13 |
| Dec 2024Ponderosa TX | 8 | 0 | $70.12 | $3.01 |
| Nov 2024Ponderosa TX | 0 | 0 | $69.95 | $2.12 |
| Oct 2024Ponderosa TX | 0 | 70 | $71.99 | $2.20 |
| Sep 2024Ponderosa TX | 12 | 0 | $70.24 | $2.28 |
| Aug 2024Ponderosa TX | 10 | 0 | $76.68 | $1.99 |
| Jul 2024Ponderosa TX | 12 | 0 | $81.80 | $2.07 |
| Jun 2024Ponderosa TX | 16 | 0 | $79.77 | $2.54 |
| May 2024Ponderosa TX | 15 | 0 | $80.02 | $2.12 |
| Apr 2024Ponderosa TX | 15 | 0 | $85.35 | $1.60 |
| Mar 2024Ponderosa TX | 6 | 60 | $81.28 | $1.49 |
| Feb 2024Ponderosa TX | 11 | 0 | $77.25 | $1.72 |
| Jan 2024Ponderosa TX | 0 | 0 | $74.15 | $3.18 |
| Dec 2023Ponderosa TX | 26 | 0 | $71.90 | $2.52 |
| Nov 2023Ponderosa TX | 6 | 0 | $77.69 | $2.71 |
| Oct 2023Ponderosa TX | 0 | 0 | $85.64 | $2.98 |
| Sep 2023Ponderosa TX | 0 | 0 | $89.43 | $2.64 |
| Aug 2023Ponderosa TX | 1 | 42 | $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).
Check your statements
Do your checks match this lease?
Upload your statements for READ. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Ponderosa TX Operating LLC.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Ponderosa TX Operating LLC in Gray County
- BOWERS, J. B.
10,773 bbl last 12 months
- JACKSON, WM.
5,342 bbl last 12 months
- WRIGHT, CARRIE
4,961 bbl last 12 months
- EDINGTON, DELLA
4,934 bbl last 12 months
- PALMER, J. H.
3,750 bbl last 12 months
Panhandle Gray County Field field
- DAVIS, M. B.
37,973 bbl last 12 months
- WILLIAMS, J. E.
37,719 bbl last 12 months
- JACKSON, WM.
34,102 bbl last 12 months
- COMBS
29,801 bbl last 12 months
- WORLEY
17,349 bbl last 12 months
New drilling permits in Gray County
We do not have coordinates for this lease, so these are the newest permits in its county.
No recent drilling permits found for this area.
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 “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Jun 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, oil lease 02709, 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.