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Texas oil lease

Stopped

READ "B"

Read "B" is an oil lease in Yoakum County, Texas, in the Platang (San Andres) field. It stopped producing after June 2020: nothing has been reported for 6 years 2 months since. Ring Energy, Inc was its last operator.

This lease has stopped

Jun 2020last month with oil or gas

Nothing reported for 6 years 2 months since, through Aug 2026.

Last operator
Ring Energy, Inc.
RRC lease
8A-71019

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Where it sits

This county

Yoakum CountyYoakumHockleyCochranTerryYoakum County
Yoakum County
Silent for
6 years 2 months
First report
Jun 2020
Stopped producing after June 2020

Read "B", 2020–2026

Its whole life in the Railroad Commission’s monthly reports, which start in January 1993; it first reported in June 2020. Royalty owners and their heirs can still be on the county roll after the checks stop.

What its oil and gas sold for each year since June 2020$ a year, at each month's pricessilent
Read "B": what its oil and gas sold for each year, 2020 to 2026Read "B": what its oil and gas sold for each year, 2020 to 2026. The best year was 2020, with $2,000 sold. It stopped producing after June 2020; nothing since, through August 2026.SILENT6 YR 2 MOBest year 2020 · $2,758Last production Jun 20202020202120222023202420252026
Read "B": what its oil and gas sold for each year, 2020 to 2026Read "B": what its oil and gas sold for each year, 2020 to 2026. The best year was 2020, with $2,000 sold. It stopped producing after June 2020; nothing since, through August 2026.SILENT6 YR 2 MOBest year 2020 · $2,758Last production Jun 20202020202220242026
  1. First reportJun 2020
  2. Best year2020$2,000 sold
  3. Last operatorRing Energy, Inc.from Jun 2020
  4. Last productionJun 2020
  5. Silent for6 years 2 monthsthrough Aug 2026
Oil sold since June 2020
72barrels
Sold for, in all
$2,000at each month's public prices, 100% of the lease

Source: Texas Railroad Commission production reports since January 1993 (oil and gas sold); EIA prices, through August 2026.

Every year as a table
Read "B": oil and gas sold each year
YearMonthsOil sold, bblGas sold, mcfSold for
2026 *800$0
20251200$0
20241200$0
20231200$0
20221200$0
20211200$0
20207720$2,758

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

For families and heirs

What an heir can do next

  1. Search the family name

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  3. Value an inherited share

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Did a relative own a share of this lease?

Pick the year they passed and see what the lease has sold since.

Other leases named Read "B"

4 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.

Other Read leases in Yoakum County

6 leases in Yoakum County in the same field or with the same operator carry the Read name. Operators often name the leases on one family's land alike, with a letter or unit number after the name. Sharing a name proves no tie: your division order says which ones pay you.

Production by month

No production to chart

The state shows zero oil and zero gas for all 36 months we hold (Sep 2023 to Aug 2026). A lease that is shut in or newly reported looks like this. The ledger below lists each month. Its whole life is charted at the top of the page.

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.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Lpc Crude Iii, LLCOilGathers100Jan 1, 2024–
Enterprise Crude Oil LLCOilGathers100Jun 1, 2020Jan 1, 2024

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

81.25 acres on the newest permit

Permits for Read "B"
API numberWell no.Acreson the permit
42-501-34876181.25

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

What Ring Energy, Inc. told investors it received

Ring Energy, Inc. is linked to Ring Energy, Inc. (REI).
Realized prices reported by Ring Energy, Inc.
QuarterOil$ per bblFiling
Q2 2026$95.45SEC filing
Q1 2026$68.97SEC filing
Q4 2025$57.47SEC filing
Q3 2025$64.32SEC filing
Q2 2025$62.69SEC filing
Q1 2025$70.40SEC filing

SourceRing Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for READ "B"
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Aug 202600$83.90$2.78
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

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

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Nearby

Ring Energy, Inc. in Yoakum County

All Ring Energy, Inc. leases →

Platang (San Andres) field

All leases in this field →

New drilling permits in Yoakum County

Newest in the county: this lease has no coordinates.