Read

Oil & Gas Property in Gray County, TX

  2. Texas
  3. Gray County, TX
  4. Oil & Gas Properties in Gray County, TX
  5. Read Oil & Gas Property

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Property Summary

Key data points for Read

CountyGray County, TX
Production DatesJan 1993 - Aug 2025
Total Oil Production27,007 BBLs
Total Gas Production643,195 MCF
Recent Oil Production9 BBLs in Aug 2025
Recent Gas Production0 MCF in Aug 2025
Wells on Property21

Our Valuation Estimates for Read

ShaleAssessment™

$1,931 *

MarketMultiple™

$1,249 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Read Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Read
from Jan 1993 to Aug 2025

Wells on Read

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-179-04592READ 15PONDEROSA TX OPERATING LLCPlugged Oil WellGray County, TX35.411022-101.007990
42-179-04595READ 2WPONDEROSA TX OPERATING LLCPlugged Oil WellGray County, TX35.409235-101.003414
42-179-04598READ 6PONDEROSA TX OPERATING LLCPlugged Oil WellGray County, TX35.410978-100.999442
42-179-04599READ 7PONDEROSA TX OPERATING LLCPlugged Oil WellGray County, TX35.410938-100.994721
42-179-04600READ 8PONDEROSA TX OPERATING LLCPlugged Oil WellGray County, TX35.411237-101.003478
42-179-08275READ 4PONDEROSA TX OPERATING LLCPlugged Oil WellGray County, TX35.409078-100.993113
42-179-32061READ K1PONDEROSA TX OPERATING LLCShut InGray County, TX35.412910-101.002097
42-179-32074READ K2PONDEROSA TX OPERATING LLCShut InGray County, TX35.412163-100.992409
42-179-32075READ K3PONDEROSA TX OPERATING LLCShut InGray County, TX35.414031-100.996611
42-179-80322READ C 1BCE-MACH III LLCPlugged Gas WellGray County, TX35.408194-100.999853
42-179-84373READ 1PONDEROSA TX OPERATING LLCShut InGray County, TX35.409317-101.007908
42-179-84375READ 3PONDEROSA TX OPERATING LLCShut InGray County, TX35.411327-101.005758
42-179-84377READ 5PONDEROSA TX OPERATING LLCShut InGray County, TX35.408983-100.996713
42-179-84381READ 9PONDEROSA TX OPERATING LLCShut InGray County, TX35.412989-101.007893
42-179-84382READ 10PONDEROSA TX OPERATING LLCShut InGray County, TX35.413072-100.999297
42-179-84383READ 11PONDEROSA TX OPERATING LLCShut InGray County, TX35.409458-101.005719
42-179-84384READ 12PONDEROSA TX OPERATING LLCProducingGray County, TX35.409427-101.000848
42-179-84385READ 13PONDEROSA TX OPERATING LLCShut InGray County, TX35.408923-100.999400
42-179-84386READ 14PONDEROSA TX OPERATING LLCProducingGray County, TX35.411277-101.001075
42-179-84388READ 16PONDEROSA TX OPERATING LLCShut InGray County, TX35.410910-100.997046
42-179-84389READ 17PONDEROSA TX OPERATING LLCShut InGray County, TX35.408969-100.994748

Leases included in Read

Lease #Lease NameOperatorCountyMonthly Oil Prod.
10-025096READ C 1BCE-MACH III LLCGray County, TX
10-02709READPONDEROSA TX OPERATING LLCGray County, TX

Operators Associated With Read

Nearby Properties

These are the closest 20 properties to the Read property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AndersonGray County, TX8 BBLs0 MCFAug 2025
AndyGray County, TX5 BBLs80 MCFSep 2025
Benedict -W- 2Gray County, TX0 BBLs430 MCFSep 2025
BennyGray County, TX13 BBLs428 MCFSep 2025
CassieGray County, TX0 BBLs544 MCFSep 2025
ClayGray County, TX0 BBLs747 MCFSep 2025
Clay Bass EGray County, TX0 BBLs0 MCFJan 2017
EmilGray County, TX0 BBLs474 MCFSep 2025
GatsyGray County, TX0 BBLs821 MCFSep 2025
HeidajaGray County, TX0 BBLs0 MCFJul 2025
HendrixGray County, TX0 BBLs324 MCFSep 2025
HerberGray County, TX0 BBLs490 MCFSep 2025
KajancaGray County, TX8 BBLs0 MCFSep 2025
LehmanGray County, TX0 BBLs454 MCFSep 2025
MajorGray County, TX4 BBLs342 MCFSep 2025
McKnightGray County, TX0 BBLs79 MCFSep 2025
RendlemanGray County, TX0 BBLs799 MCFSep 2025
ThomasGray County, TX1 BBLs0 MCFAug 2025
UrbanczykGray County, TX0 BBLs1,252 MCFSep 2025
WilliamsGray County, TX0 BBLs168 MCFSep 2025

Companies in the Area

These are the closest 20 companies operating near the Read property.

Company Name
6a Production
Bce-Mach III LLC
ConocoPhillips Company
Dalf Energy LLC
Daniels, J.C. Energy
Exxcel Production Company
Henry Paul Petroleum, LLC
Lejan, Inc.
Losure, Ken
McClelland Creek Properties,Inc.
Mon Corp.
Pantera Energy Company
Phillips Petroleum Company
Ponderosa TX Operating LLC
Porter Operating Company, L.L.C.
S & W Oil & Gas, LLC
Sage Petroleum Co.
Service Drilling Co.
Trans Terra Corp., International
Wischkaemper, Kenneth

Owners of Read

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PONDEROSA TX OPERATING LLCREADPONDEROSA TX OPER
2025BCE-MACH III LLC (MIN)READ #1BCE-MACH III LLC

Oil & Gas Sales on Read

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
10-02709READOct 2024VALERO MARKETING AND SUPPLY COMPANYPONDEROSA OIL & GAS, LLC
10-02709READMar 2024VALERO MARKETING AND SUPPLY COMPANYPONDEROSA OIL & GAS, LLC
10-025096READ C 1Sep 2023BCE-MACH III LLC
10-025096READ C 1Sep 2023BCE-MACH III LLC
10-025096READ C 1Aug 2023BCE-MACH III LLC
10-02709READAug 2023VALERO MARKETING AND SUPPLY COMPANYPONDEROSA OIL & GAS, LLC
10-025096READ C 1Aug 2023BCE-MACH III LLC
10-025096READ C 1Jul 2023BCE-MACH III LLC
10-025096READ C 1Jul 2023BCE-MACH III LLC
10-025096READ C 1Jun 2023BCE-MACH III LLC
10-025096READ C 1Jun 2023BCE-MACH III LLC
10-025096READ C 1May 2023BCE-MACH III LLC
10-025096READ C 1May 2023BCE-MACH III LLC
10-02709READFeb 2023VALERO MARKETING AND SUPPLY COMPANYPONDEROSA OIL & GAS, LLC
10-02709READDec 2022VALERO MARKETING AND SUPPLY COMPANYPONDEROSA OIL & GAS, LLC
10-025096READ C 1Aug 2022BCE-MACH III LLC
10-025096READ C 1Aug 2022BCE-MACH III LLC
10-025096READ C 1Jul 2022BCE-MACH III LLC
10-025096READ C 1Jul 2022BCE-MACH III LLC
10-02709READJul 2022VALERO MARKETING AND SUPPLY COMPANYPONDEROSA OIL & GAS, LLC
10-025096READ C 1Jun 2022IACX ROCK CREEK LLCSCOUT ENERGY MANAGEMENT LLC
10-025096READ C 1May 2022IACX ROCK CREEK LLCSCOUT ENERGY MANAGEMENT LLC
10-02709READApr 2022VALERO MARKETING AND SUPPLY COMPANYPONDEROSA OIL & GAS, LLC
10-025096READ C 1Apr 2022IACX ROCK CREEK LLCSCOUT ENERGY MANAGEMENT LLC
10-025096READ C 1Feb 2022IACX ROCK CREEK LLCSCOUT ENERGY MANAGEMENT LLC