RICHARDS, F. M. & L. L.

Operated by FAMCOR OIL, INC. (P-5 261273) in the COLD SPRINGS (WILCOX, CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 135554District 03Field 19428100CondensateGasSaveExport
Value, all time
$2.8 M
Jan 1993 – Feb 2010
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
206
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 56 leases and 57 wells, and the rule below applies to all of them.

Discovered
1994-12-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2002-10-21.

The Commission's schedule remark for this field reads: BETWEEN WELL SPACING.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition96,431 bbl$1,657,498
GasProduction1,628,909 Mcf$1,181,513
Total$2,839,011

1,212,945 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.5197, -95.1711. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.51973, -95.17109 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,300 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 11,300 ft.

Completions filed
Jul 2009
1 of 1 wells

1 well

42-40700312111,300 ftJul 2009Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (206)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

206 months

Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200935074.593.75$2,611
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 200907532.814.63$347
Jan 200909635.865.37$516
Dec 20080037.105.98$0
Nov 20080955.496.86$62
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 2008053114.228.48$450
Jul 2008186155131.0811.39$26,146
Jun 20080328131.3313.03$4,275
May 20080442123.1711.57$5,116
Apr 20080383110.3110.45$4,004
Mar 20080431101.909.66$4,165
Feb 2008020292.538.77$1,772
Jan 2008053690.388.21$4,398
Dec 2007058588.337.30$4,272
Nov 2007076391.677.29$5,564
Oct 200701,00482.856.92$6,950
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007010170.906.39$645
Jun 2007019462.007.55$1,464
May 2007024458.747.85$1,914
Apr 2007020859.617.81$1,623
Mar 2007032056.927.30$2,337
Feb 2007035055.108.22$2,876
Jan 2007020350.306.73$1,366
Dec 2006026556.656.92$1,833
Nov 2006031754.207.62$2,415
Oct 2006032054.906.01$1,924
Sep 2006036860.085.04$1,854
Aug 2006035668.717.34$2,613
Jul 2006034169.376.34$2,163
Jun 2006032166.286.38$2,049
May 2006035066.016.42$2,249
Apr 2006024164.397.36$1,774
Mar 2006025156.707.08$1,778
Feb 2006023757.597.75$1,837
Jan 2006026460.598.93$2,358
Dec 2005025654.9413.42$3,434
Nov 2005026154.6910.59$2,764
Oct 2005033358.3413.80$4,594
Sep 2005028361.4512.08$3,418
Aug 2005029661.519.80$2,900
Jul 2005034155.697.84$2,675
Jun 2005012152.337.38$893
May 2005031145.226.65$2,069
Apr 2005049049.207.36$3,607
Mar 200515939250.377.15$10,814
Feb 2005040045.226.31$2,525
Jan 2005037543.166.32$2,371
Dec 2004031339.866.75$2,113
Nov 2004030345.286.33$1,918
Oct 200418840349.706.52$11,969
Sep 200418942643.245.28$10,423
Aug 2004035942.375.55$1,993
Jul 200432830438.286.08$14,405
Jun 2004030236.106.43$1,943
May 2004044137.486.49$2,864
Apr 2004054234.475.86$3,175
Mar 2004042034.365.53$2,323
Feb 2004035832.455.51$1,972
Jan 2004038332.036.30$2,413
Dec 2003058930.266.30$3,712
Nov 2003046828.804.60$2,151
Oct 2003050428.174.76$2,399
Sep 2003035826.314.75$1,700
Aug 2003043729.765.13$2,242
Jul 2003045429.415.17$2,348
Jun 2003048528.565.98$2,902
May 2003049026.595.97$2,927
Apr 2003047026.675.41$2,541
Mar 2003044231.146.10$2,694
Feb 2003048633.487.93$3,852
Jan 2003055130.315.58$3,076
Dec 2002045826.914.85$2,223
Nov 2002060024.664.14$2,482
Oct 2002054426.464.23$2,301
Sep 2002054427.443.64$1,978
Aug 200218356425.963.16$6,535
Jul 2002080024.583.06$2,449
Jun 2002061223.733.34$2,043
May 2002047724.663.58$1,710
Apr 2002025623.653.51$899
Mar 2002041122.003.10$1,275
Feb 2002040018.222.38$950
Jan 2002042017.172.38$998
Dec 200118243216.932.36$4,103
Nov 2001039718.072.41$955
Oct 2001032619.782.53$824
Sep 2001049324.262.25$1,110
Aug 2001061524.873.05$1,878
Jul 2001027023.933.20$863
Jun 2001046724.563.82$1,786
May 2001040425.524.31$1,740
Apr 2001047024.685.34$2,508
Mar 200101,13424.545.38$6,097
Feb 20015262427.755.77$5,042
Jan 200118388427.478.40$12,452
Dec 2000047126.889.12$4,297
Nov 2000068832.215.66$3,893
Oct 200017760031.235.15$8,615
Sep 2000028431.875.19$1,473
Aug 2000050829.644.54$2,307
Jul 2000052928.534.09$2,163
Jun 200028471729.304.40$11,474
May 20005870927.263.68$4,190
Apr 2000050024.513.12$1,558
Mar 200022166728.422.86$8,188
Feb 2000050327.622.73$1,371
Jan 200018876725.272.48$6,653
Dec 1999031224.282.42$756
Nov 1999026523.192.43$645
Oct 1999051620.982.80$1,447
Sep 1999046521.752.62$1,218
Aug 199919547719.262.88$5,127
Jul 1999048317.892.37$1,146
Jun 1999043515.942.36$1,028
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19985392,00811.301.91$9,921
Jul 199853520,88111.742.24$52,997
Jun 199818620,93711.242.24$48,932
May 199806,46612.622.21$14,266
Apr 199871719,30713.042.51$57,720
Mar 199885720,10612.802.31$57,403
Feb 199873519,78813.952.30$55,748
Jan 199873322,40314.702.15$59,049
Dec 199793922,60716.322.41$69,832
Nov 199772724,29818.193.09$88,263
Oct 199792926,33619.253.15$100,837
Sep 199774422,21317.742.95$78,835
Aug 199756715,71417.862.55$50,272
Jul 199775920,14317.582.25$58,603
Jun 199774217,14817.242.26$51,499
May 199776116,30018.972.31$52,065
Apr 199776519,05717.882.08$53,370
Mar 199794818,64318.951.94$54,116
Feb 199755615,05520.492.21$44,602
Jan 199797819,59623.483.54$92,327
Dec 19961,15418,41323.32$26,911
Nov 199677218,83721.97$16,961
Oct 19961,17622,57323.31$27,413
Sep 199678423,20022.22$17,420
Aug 19961,15422,13720.26$23,380
Jul 199679123,10819.55$15,464
Jun 19961,16826,92018.73$21,877
May 19961,14322,63319.43$22,208
Apr 19961,15922,25721.51$24,930
Mar 19961,00317,96219.38$19,438
Feb 199680910,62116.98$13,737
Jan 199680916,20917.07$13,810
Dec 199579315,25417.19$13,632
Nov 19951,20520,67816.00$19,280
Oct 19951,38425,35115.43$21,355
Sep 19951,18127,22116.18$19,109
Aug 19951,56927,06215.92$24,978
Jul 19951,57625,79015.24$24,018
Jun 19951,18925,81216.41$19,511
May 19951,58726,94017.56$27,868
Apr 19951,57127,59917.73$27,854
Mar 19951,81224,86116.44$29,789
Feb 19951,60421,94616.58$26,594
Jan 19951,98126,39015.92$31,538
Dec 19941,97726,30315.03$29,714
Nov 19941,77229,39615.90$28,175
Oct 19941,96228,70515.58$30,568
Sep 19941,75929,61815.29$26,895
Aug 19941,75729,02916.13$28,340
Jul 19941,76728,29117.56$31,029
Jun 19941,55929,11417.09$26,643
May 19941,75429,82115.88$27,854
Apr 19941,96427,21614.14$27,771
Mar 19941,94529,73312.46$24,235
Feb 19942,14025,92912.50$26,750
Jan 19942,56330,54412.66$32,448
Dec 19932,56529,78812.33$31,626
Nov 19932,54129,05714.49$36,819
Oct 19931,97329,98115.85$31,272
Sep 19932,32128,23415.03$34,885
Aug 19932,00227,45115.66$31,351
Jul 19932,21826,68715.46$34,290
Jun 19932,16926,01216.79$36,418
May 19932,18328,79917.68$38,595
Apr 19932,01225,78718.05$36,317
Mar 19932,67626,03818.14$48,543
Feb 19932,37425,06117.90$42,495
Jan 19932,57926,57716.93$43,662

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Nov 2009 — as filed, then multipliedworked
Condensate            35 bbl  × $ 74.59 =     $2,611
Gas                    0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                   $2,611

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 03/G/135554 is the state's own key, not one this site invented.