RICHARDS

Operated by ORETTA HOLDINGS LLC (P-5 102609) 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 229332District 03Field 194281002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Jun 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
228
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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112010-08-13198877
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition26,572 bbl$2,092,886
GasProduction375,094 Mcf$2,106,502
Total$4,199,389

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 30.5177, -95.1797. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.51773, -95.17974 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,450 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
00.0%
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.
1100.0%

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 11,450 ft.

Completions filed
Apr 2014
1 of 1 wells

1 well

42-40730645411,450 ftApr 2014

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 (228)

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

228 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 202309068.962.26$203
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019012262.632.75$336
Mar 2019012356.803.06$377
Feb 20190050.852.79$0
Jan 20191789746.033.23$8,506
Dec 20180046.594.19$0
Nov 201821052.934.24$1,112
Oct 201803761.443.40$126
Sep 201818453059.543.11$12,603
Aug 20181598859.403.07$3,921
Jul 2018132,56165.142.93$8,355
Jun 201802,65860.183.08$8,178
May 201881,60465.382.90$5,176
Apr 20181811,44863.842.90$15,755
Mar 201801,44861.222.79$4,035
Feb 2018111,55261.782.77$4,973
Jan 201802,67762.874.01$10,733
Dec 2017111,90957.272.92$6,207
Nov 201702,51855.423.12$7,852
Oct 20171712,05149.292.98$14,548
Sep 2017121,21447.523.09$4,318
Aug 20171282045.373.00$3,008
Jul 20171152543.873.09$2,103
Jun 20171861,07942.493.09$11,234
May 201701,06945.373.26$3,489
Apr 2017028647.933.21$919
Mar 20171786646.772.98$3,379
Feb 20172478750.452.95$3,535
Jan 2017079549.413.42$2,718
Dec 2016792,20548.763.72$12,061
Nov 20161751,22242.492.64$10,667
Oct 20165046546.193.09$3,746
Sep 20169074041.553.10$6,034
Aug 2016017241.442.92$503
Jul 2016013441.622.92$392
Jun 20161761,79545.352.69$12,803
May 201601,69842.521.99$3,381
Apr 201602,23336.561.99$4,446
Mar 201602,68233.011.79$4,812
Feb 2016992,84526.472.06$8,492
Jan 201602,52327.352.36$5,965
Dec 201501,69732.362.00$3,396
Nov 201502,33338.792.17$5,056
Oct 20151833,00143.552.43$15,252
Sep 201501,47142.992.76$4,058
Aug 201501,49140.162.87$4,283
Jul 20151931,70248.152.95$14,305
Jun 201501,40956.152.88$4,062
May 20151921,94155.212.96$16,337
Apr 201501,66249.822.71$4,498
Mar 201501,39642.892.93$4,097
Feb 20151971,43844.662.98$13,078
Jan 2015076143.433.10$2,360
Dec 201419340654.693.59$12,013
Nov 2014059270.464.25$2,517
Oct 2014051578.303.90$2,009
Sep 20140486.164.05$16
Aug 2014014689.394.04$589
Jul 2014047896.564.18$1,998
Jun 20141946598.164.74$19,351
May 201401,67794.734.73$7,926
Apr 201401,26095.944.81$6,059
Mar 2014032995.895.06$1,664
Feb 201419333297.406.19$20,854
Jan 2014067290.404.86$3,266
Dec 201306591.824.35$283
Nov 201319385588.853.74$20,344
Oct 201301,03297.423.78$3,900
Sep 2013193762104.113.72$22,926
Aug 201301,244104.253.52$4,382
Jul 20131921,434102.523.72$25,015
Jun 201301,41394.403.93$5,558
May 20131941,31794.834.15$23,861
Apr 201301,63193.964.28$6,985
Mar 20131971,64293.623.91$24,868
Feb 201301,78491.233.42$6,101
Jan 201301,07591.603.42$3,676
Dec 2012093986.773.42$3,212
Nov 201201,36186.953.62$4,934
Oct 20124263089.383.40$5,896
Sep 20121571,28494.672.92$18,610
Aug 201202,12492.662.91$6,177
Jul 201201,25385.133.02$3,785
Jun 201202,15579.822.52$5,429
May 201202,19591.612.49$5,462
Apr 201201,930101.652.00$3,854
Mar 201200105.052.22$0
Feb 2012199562101.102.57$21,563
Jan 20121991,53498.092.73$23,714
Dec 201101,93896.873.24$6,279
Nov 201103,31795.723.31$10,984
Oct 201102,13484.983.65$7,786
Sep 201101,33483.623.99$5,317
Aug 20111931,49483.404.15$22,295
Jul 201101,52394.144.52$6,880
Jun 20111932,87992.904.64$31,288
May 20115802,25698.134.40$66,853
Apr 20113891,721105.964.33$48,676
Mar 20113921,56796.364.06$44,131
Feb 20113902,00185.644.18$41,764
Jan 20113821,78286.504.59$41,220
Dec 20101772,09485.734.35$24,278
Nov 20103742,72880.843.80$40,588
Oct 20101911,89678.103.51$21,570
Sep 20107392,21172.633.98$62,472
Aug 20105472,93273.684.42$53,261
Jul 20107452,49872.554.74$65,882
Jun 20109393,40470.364.91$82,783
May 20109462,14871.124.24$76,377
Apr 20101,6724,93981.694.12$156,948
Mar 20102,6618,85878.394.39$247,471
Feb 201036385773.585.44$31,374
Jan 20103653,94074.365.96$50,640
Dec 20093585,16871.445.48$53,916
Nov 200906,13874.593.75$23,027
Oct 20091802,49272.544.11$23,300
Sep 20091833,40065.543.06$22,414
Aug 200904,57067.423.22$14,709
Jul 20091836,18261.133.46$32,604
Jun 200903,86366.163.90$15,046
May 200902,83854.743.93$11,141
Apr 20091832,67146.773.59$18,141
Mar 200901,92542.144.06$7,814
Feb 2009097332.814.63$4,508
Jan 20093591,24935.865.37$19,582
Dec 200818091537.105.98$12,147
Nov 200802,56055.496.86$17,563
Oct 20081815,53175.246.92$51,904
Sep 200801,214101.767.88$9,563
Aug 20081855,172114.228.48$65,005
Jul 200835714,304131.0811.39$209,710
Jun 200803,916131.3313.03$51,036
May 20083706,906123.1711.57$125,505
Apr 20083699,275110.3110.45$137,673
Mar 200837511,572101.909.66$150,045
Feb 20083707,12892.538.77$96,753
Jan 20085608,01390.388.21$116,365
Dec 200774411,04888.337.30$146,390
Nov 200773613,61291.677.29$166,724
Oct 200791615,94182.856.92$186,234
Sep 200791013,08775.846.24$150,732
Aug 20071,09217,13369.066.39$184,858
Jul 200754310,19170.906.39$103,598
Jun 20073658,08962.007.55$83,689

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.

Jun 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 68.96 =         $0
Gas                   90 Mcf  × $  2.26 =       $203

────────────────────────────────────────────────────
Month total                                     $203

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/229332 is the state's own key, not one this site invented.