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Texas oil lease

Producing

READ

Read is an oil lease in Yoakum County, Texas, operated by Extex Operating Company in the Brahaney (Wolfcamp) field.

1 well

2,044bbl oil, last 12 months−5% vs prior year
Operator
Extex Operating Company
County
Yoakum County
Field
Brahaney (Wolfcamp)
RRC lease
8A-69366

112 royalty accounts on the county roll

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Oil in Aug 2026
159 bbl
Reporting since
Jan 2020
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Wells on this lease and around it

Where the state's map puts this lease's well, and what has been drilled or permitted within about 2 miles of it.
Map of the Read lease in Yoakum County, Texas: its well ringed, among 125 wells and 1 recent drilling location in a picture about 6 miles across.
  • This lease1Its well, ringed on the map: producing
  • Drilling locations1Permits issued in the last two years
  • Producing wells71On a lease reporting production now
  • Not producing28Shut in, inactive or no lease on record
  • Plugged26The state's wellbore record says plugged

The ringed dot is this lease's well, where the Railroad Commission's map puts it. The other dots are wells and drilling permits of the last 24 months on the land around it; the counts are for everything in the picture, which is about 6 miles across. The thin brown lines are the original land surveys; where there is room, a survey carries its abstract number, the number deeds and division orders cite. Sources: Railroad Commission of Texas well layers, drilling permit files and survey lines, base map from USGS The National Map.

See the whole Texas well map

A one-page map of this lease to print, for a lawyer, a buyer or a probate file.

Use this map on your site

You may show this map on any site, unchanged. Keep the credit line and its link to Royalty Clerk under the map. The picture updates by itself as the state records new wells and permits.

Download the picture (WebP)
<a href="https://royaltyclerk.com/texas/leases/read-8a-69366"><img src="https://royaltyclerk.com/maps/lease-wells/read-8a-69366.svg" alt="Map of the Read lease in Yoakum County, Texas: its well ringed, among 125 wells and 1 recent drilling location in a picture about 6 miles across." width="1000" height="951" loading="lazy" style="max-width:100%;height:auto;border:0"></a>
<p style="margin:4px 0 0;font-size:14px">Map: <a href="https://royaltyclerk.com/texas/leases/read-8a-69366">Wells on the Read lease, Yoakum County, Texas</a> by Royalty Clerk, from Railroad Commission of Texas records</p>

Other leases named Read

3 leases share this name in district 8A. The Railroad Commission gives each gas well its own number and each oil lease another, so one unit often shows up as several of these.

Production by month

Oil output fell 5% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 5% over the last 12 monthsMonthly oil production for READ, Sep 2023 to Aug 2026. Oil output fell 5% over the last 12 months. 2,044 bbl in the 12 months through Aug 2026, against 2,151 bbl in the 12 months before.Last 12 months: 2,044 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 5% over the last 12 monthsMonthly oil production for READ, Sep 2023 to Aug 2026. Oil output fell 5% over the last 12 months. 2,044 bbl in the 12 months through Aug 2026, against 2,151 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Aug 2026.

From the state record

What owners ask about Read

When is the check for August 2026 due?
August 2026 is the newest month the state has posted for this lease. Texas law gives the payor until 60 days after the end of the sale month for oil and 90 for gas: the oil by Oct 30, 2026, unless the lease sets another time.
Source: Railroad Commission production reports; Texas Natural Resources Code §91.402.
See your next three checks
Which Texas production tax rate applies?
The Texas Comptroller lists low producing leases for this lease, from Feb 1, 2016. Its file does not give the rate, so we compare your stub with the full 4.6%. That is for August 2026.
Source: Texas Comptroller, approved severance tax exemptions.
Check the tax on your stub
Who buys the oil and gas?
Oil: Hf Sinclair Refining & Marketing gathers it. The buyer's price is what a royalty check is figured on.
Source: Railroad Commission Form P-4, gatherers and purchasers.
See every buyer and past buyers
How many 1099s should an owner expect for 2025?
One company, Extex Operating Company, filed this lease's reports behind every 2025 check, so most owners get one form. The operator is not always the company that pays, so go by the name on the stubs.
Source: Railroad Commission production reports, operator of record by month.
Check your 1099 against it

Free tools, already on this lease

Ask a question about Read

33 years of state records, 1993–2026

READ since 2009

We read every monthly report the Railroad Commission holds, back to January 1993. This lease first reported in February 2009. It filed 211 monthly reports through August 2026.

Sold since 2009

$4.7 million

What the whole lease’s oil and gas sold for at each month’s public prices, before tax and the operator’s deductions. A royalty owner’s share is their decimal of it.

A relative owned a share? See what it earned after they died
Oil sold
65,554 bbl
Gas sold
1,504 mcf
Best year
2012$466,000 sold
Last report
Aug 2026First: Feb 2009

Its best year was 2012: $466,000 of oil and gas sold

Each bar is what the lease’s oil and gas sold for that year, at that month’s prices. 2026 is only part of a year in the records, drawn lighter.

  • Oil
  • Gas
Its best year was 2012: $466,000 of oil and gas soldRead: oil and gas sold each year from 2009 to 2026, at each month's prices. Its best year was 2012: $466,000 of oil and gas sold.Sold each year, at each month’s prices$0$100k$200k$300k$400k$500kPeak 2012: $466k200920102011201220132014201520162017201820192020202120222023202420252026
Its best year was 2012: $466,000 of oil and gas soldRead: oil and gas sold each year from 2009 to 2026, at each month's prices. Its best year was 2012: $466,000 of oil and gas sold.Sold each year, at each month’s prices$0$100k$200k$300k$400k$500kPeak 2012: $466k'09'15'20'26

SourceTexas Railroad Commission Production Data Query, every monthly report since January 1993; EIA monthly WTI and Henry Hub prices (before 1997, EIA's yearly Texas natural gas wellhead price), through August 2026.

Every year as a table
Read: oil and gas sold each year
YearMonthsOil sold, bblGas sold, mcfSold for
2026 *81,4790$123,128
2025122,0350$133,767
2024122,2290$170,473
2023122,4140$187,399
2022122,4180$230,025
2021122,6300$182,465
2020123,0440$122,113
2019123,1460$179,000
2018123,4790$225,992
2017123,7280$190,709
2016124,0540$173,513
2015124,3280$210,690
2014124,4100$411,039
2013124,5410$444,906
2012124,9570$466,345
2011124,3220$415,886
2010125,81787$462,922
2009116,5231,417$414,455

* Part of the year: the records run through August 2026.

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.

Who has run this lease

The operator changed once, most recently in Feb 2021

Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Aug 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now
Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Aug 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now

SourceTexas Railroad Commission Production Data Query, through Aug 2026.

1 well on this lease

Wells on READ
API numberWellStatusCompleted
42-501-33270Read 4ActiveOct 23, 1987

SourceTexas Railroad Commission production records and full wellbore file.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Hf Sinclair Refining & MarketingOilGathers100Sep 1, 2026–
Hollyfrontier Ref & Mktg LLCOilGathers100Aug 1, 2017Sep 1, 2026

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

Who buys my oilOil price check

650 acres on the newest permit

Check your decimal on this lease
Permits for Read
API numberWell no.Acreson the permit
42-501-332704650

SourceRailroad Commission drilling permits, Oct 31, 2026 (source 1, source 2).

Unit decimal checker

On the Yoakum County roll

Yoakum County Appraisal District

2026 roll
Owners
113
Accounts
113
Appraised in all
$205k$205,153

Each square is one account

  • Royalty112
  • Working interest1

SourceYoakum County Appraisal District, 2026 mineral roll (source), read Oct 7, 2026. Accounts matched to this lease by RRC number or lease name; no owner is named.

Estimate your royalty

36 months, newest first

Ledger for READ
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Aug 2026Extex Operating159189$83.90$2.78
Jul 2026Extex Operating200170$80.46$2.89
Jun 2026Extex Operating164188$84.81$3.15
May 2026Extex Operating184201$102.13$2.94
Apr 2026Extex Operating147161$100.32$2.77
Mar 2026Extex Operating177188$91.38$3.04
Feb 2026Extex Operating183191$64.51$3.62
Jan 2026Extex Operating161191$60.04$7.72
Dec 2025Extex Operating174166$57.97$4.26
Nov 2025Extex Operating183189$60.06$3.79
Oct 2025Extex Operating188193$60.89$3.19
Sep 2025Extex Operating1240$63.96$2.97
Aug 2025Extex Operating168168$64.86$2.91
Jul 2025Extex Operating180191$68.39$3.20
Jun 2025Extex Operating179185$68.17$3.02
May 2025Extex Operating177182$62.17$3.12
Apr 2025Extex Operating173184$63.54$3.42
Mar 2025Extex Operating198190$68.24$4.12
Feb 2025Extex Operating174193$71.53$4.19
Jan 2025Extex Operating282194$75.74$4.13
Dec 2024Extex Operating69165$70.12$3.01
Nov 2024Extex Operating183197$69.95$2.12
Oct 2024Extex Operating193191$71.99$2.20
Sep 2024Extex Operating175188$70.24$2.28
Aug 2024Extex Operating184187$76.68$1.99
Jul 2024Extex Operating184187$81.80$2.07
Jun 2024Extex Operating179190$79.77$2.54
May 2024Extex Operating210188$80.02$2.12
Apr 2024Extex Operating178161$85.35$1.60
Mar 2024Extex Operating196191$81.28$1.49
Feb 2024Extex Operating180191$77.25$1.72
Jan 2024Extex Operating204193$74.15$3.18
Dec 2023Extex Operating292190$71.90$2.52
Nov 2023Extex Operating187189$77.69$2.71
Oct 2023Extex Operating216197$85.64$2.98
Sep 2023Extex Operating185193$89.43$2.64

SourceTexas Railroad Commission Production Data Query, through Aug 2026. Prices: EIA, through Oct 2026. Updated Oct 30, 2026.

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Nearby

This lease belongs to

OperatorExtex Operating CompanyFieldBrahaney (Wolfcamp)CountyYoakum County

Extex Operating Company in Yoakum County

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Brahaney (Wolfcamp) field

All leases in this field →

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