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Royalty Clerk

Texas oil lease

Shut in

READ 39

Read 39 is an oil lease in Howard County, Texas, operated by Paladin Petroleum III, L.L.C. in the Spraberry (Trend Area) field.

1 well

0bbl oil, last 12 months
Operator
Paladin Petroleum III, L.L.C.
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-46792

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Production by month

No production to chart

The state shows zero oil and zero gas for all 36 months we hold (Aug 2023 to Jul 2026). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

1 well on this lease

Wells on READ 39
API numberWell no.Status
42-227-384092Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Cima Energy, LPOilGathers100Aug 1, 2024–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Wtg Gas Processing, L.p.Casinghead gasGathers100Apr 13, 2015Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasBuys100Apr 13, 2015Aug 1, 2024
Lion Oil Trading & Trans, LLCOilGathers100Nov 1, 2020Aug 1, 2024
Gibson Energy Marketing, LLCOilGathers100May 1, 2020Nov 1, 2020
Enlink Crude Purchasing LLCOilGathers100Dec 18, 2018May 1, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

640 acres on the newest permit

Permits for Read 39
API numberWell no.Acreson the permit
42-227-384092640

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 39
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 202600$80.46$2.89
Jun 202600$84.81$3.15
May 202600$102.13$2.94
Apr 202600$100.32$2.77
Mar 202600$91.38$3.04
Feb 202600$64.51$3.62
Jan 202600$60.04$7.72
Dec 202500$57.97$4.26
Nov 202500$60.06$3.79
Oct 202500$60.89$3.19
Sep 202500$63.96$2.97
Aug 202500$64.86$2.91
Jul 202500$68.39$3.20
Jun 202500$68.17$3.02
May 202500$62.17$3.12
Apr 202500$63.54$3.42
Mar 202500$68.24$4.12
Feb 202500$71.53$4.19
Jan 202500$75.74$4.13
Dec 202400$70.12$3.01
Nov 202400$69.95$2.12
Oct 202400$71.99$2.20
Sep 202400$70.24$2.28
Aug 202400$76.68$1.99
Jul 202400$81.80$2.07
Jun 202400$79.77$2.54
May 202400$80.02$2.12
Apr 202400$85.35$1.60
Mar 202400$81.28$1.49
Feb 202400$77.25$1.72
Jan 202400$74.15$3.18
Dec 202300$71.90$2.52
Nov 202300$77.69$2.71
Oct 202300$85.64$2.98
Sep 202300$89.43$2.64
Aug 202300$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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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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