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Texas oil lease

Producing

READ 33

Read 33 is an oil lease in Howard County, Texas, operated by Paladin Petroleum III, L.L.C. in the Spraberry (Trend Area) field.

3 wells

9,296bbl oil, last 12 months−33% vs prior year
Operator
Paladin Petroleum III, L.L.C.
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-53512

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
38,246 mcf
Oil in Jul 2026
715 bbl

Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for READ 33, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 9,296 bbl in the 12 months through Jul 2026, against 13,903 bbl in the 12 months before.Last 12 months: 9,296 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for READ 33, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 9,296 bbl in the 12 months through Jul 2026, against 13,903 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Oct 2023 the lease's gas goes to a processing plant instead of a transmission line

  • Processing plant (3)
  • Transmission line (2)
Since Oct 2023 the lease's gas goes to a processing plant instead of a transmission lineShare of READ 33 gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2023 the lease's gas goes to a processing plant instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Oct 2023: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Oct 2023 the lease's gas goes to a processing plant instead of a transmission lineShare of READ 33 gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2023 the lease's gas goes to a processing plant instead of a transmission line.Share of gas by disposition code0%50%100%Oct 23: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on READ 33
API numberWell no.Status
42-227-394251HActive
42-227-417942HActive
42-227-422993HShut-in

SourceTexas Railroad Commission Wellbore Query.

1,283.20 acres on the newest permit

Permits for Read 33
API numberWell no.Acreson the permit
42-227-422993H1,283.20
42-227-417942H1,283.20
42-227-394251H1,283.20

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

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36 months, newest first

Ledger for READ 33
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267158683,6703,6700$80.46$2.89
Jun 20269548963,9773,9770$84.81$3.15
May 20261,0139114,0624,0620$102.13$2.94
Apr 20265415372,3142,3140$100.32$2.77
Mar 20265766703,7933,7930$91.38$3.04
Feb 20266507003,0933,0930$64.51$3.62
Jan 20266258833,1003,1000$60.04$7.72
Dec 20256657044,2674,2670$57.97$4.26
Nov 20255926993,3453,3450$60.06$3.79
Oct 20259578691,4221,4220$60.89$3.19
Sep 20251,0048414294290$63.96$2.97
Aug 20251,0048664,7744,7740$64.86$2.91
Jul 20257375072,5502,5500$68.39$3.20
Jun 20252761653803800$68.17$3.02
May 20257988793,2393,2390$62.17$3.12
Apr 20251,1391,4535,0495,0490$63.54$3.42
Mar 20251,1861,0892,7122,7120$68.24$4.12
Feb 20251,1861,272000$71.53$4.19
Jan 20251,4481,266000$75.74$4.13
Dec 20241,1831,240000$70.12$3.01
Nov 20241,4341,4414,7354,7350$69.95$2.12
Oct 20241,4431,5704,5424,5420$71.99$2.20
Sep 20241,4791,5984,3774,3770$70.24$2.28
Aug 20241,5941,6274,5524,5520$76.68$1.99
Jul 20241,6051,9664,5704,5700$81.80$2.07
Jun 20241,8121,7604,6814,6810$79.77$2.54
May 20241,9071,9984,7844,7840$80.02$2.12
Apr 20241,8021,7893,8863,8860$85.35$1.60
Mar 20241,7581,4283,6223,6220$81.28$1.49
Feb 20242,3272,5316,8696,8690$77.25$1.72
Jan 20242,2572,1876,2386,2380$74.15$3.18
Dec 20232,5222,4065,2655,2650$71.90$2.52
Nov 20232,8652,8861,9161,9160$77.69$2.71
Oct 20233,1422,9545,2605,2600$85.64$2.98
Sep 20233,2623,1143,8613,8610$89.43$2.64
Aug 20233,4193,8054,1174,1170$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorPaladin Petroleum III, L.L.C.FieldSpraberry (Trend Area)CountyHoward County

Paladin Petroleum III, L.L.C. in Howard County

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Spraberry (Trend Area) field

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