RICHERS, E.

Operated by K-3 RESOURCES, LP (P-5 449150) in the HAMMAN ( 9,900 FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 40970District 03Field 38524555CondensateGasSaveExport
Value, all time
$285 k
Jan 1993 – Jul 2006
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
163
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1949-07-02
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 1-1-80 PER AMENDMENT TO SWR 28 & 29

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
CondensateDisposition432 bbl$15,561
GasProduction161,521 Mcf$269,005
Total$284,566

75,618 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 28.9488, -95.9511. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.94879, -95.95108 · 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
100.0%
1 of 1 wells
Median depth
10,891 ft
1 wells filed one
Completion to plug
11.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 10,891 ft.

Completions filed
Nov 2007
1 of 1 wells
Plug dates filed
Sep 2019
1 of 1 wells

Last completion to plug: a median of 11.8 years across the 1 well that filed both dates, with the middle half between 11.8 years and 11.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-32100897210,891 ftNov 2007Sep 2019Yes

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 (163)

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

163 months

Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 2006189057.597.75$10,885
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 2002013327.443.64$483
Aug 200201,87725.963.16$5,939
Jul 200202,25424.583.06$6,901
Jun 200202,56823.733.34$8,573
May 200203,17024.663.58$11,361
Apr 200212,70823.653.51$9,535
Mar 2002092622.003.10$2,873
Feb 200202,44318.222.38$5,804
Jan 200203,12817.172.38$7,431
Dec 200103,61416.932.36$8,545
Nov 200114,96318.072.41$11,957
Oct 200103,16819.782.53$8,011
Sep 2001081124.262.25$1,826
Aug 200101,91724.873.05$5,853
Jul 200103,00923.933.20$9,620
Jun 200143,30124.563.82$12,722
May 200106,41625.524.31$27,636
Apr 200106,24524.685.34$33,319
Mar 200102,41624.545.38$12,989
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
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 19980011.301.91$0
Jul 1998020411.742.24$456
Jun 1998021811.242.24$488
May 19987686112.622.21$2,859
Apr 199801,00813.042.51$2,525
Mar 199801,65912.802.31$3,831
Feb 199801,06013.952.30$2,437
Jan 199801,38814.702.15$2,991
Dec 199701,26716.322.41$3,055
Nov 199701,89918.193.09$5,865
Oct 199702,10719.253.15$6,637
Sep 199702,20617.742.95$6,518
Aug 199702,31617.862.55$5,917
Jul 199701,41717.582.25$3,184
Jun 199701,30117.242.26$2,937
May 199702,83818.972.31$6,552
Apr 199702,74017.882.08$5,707
Mar 199702,19018.951.94$4,247
Feb 199701,64520.492.21$3,629
Jan 199702,51223.483.54$8,892
Dec 1996055223.32$0
Nov 199602,08421.97$0
Oct 199602,40823.31$0
Sep 19961612,24622.22$3,577
Aug 199602,60420.26$0
Jul 199602,96519.55$0
Jun 199603,19818.73$0
May 199603,48419.43$0
Apr 199602,94921.51$0
Mar 199603,66419.38$0
Feb 199604,38316.98$0
Jan 199603,65417.07$0
Dec 199502,81617.19$0
Nov 199502,14516.00$0
Oct 1995095915.43$0
Sep 1995019516.18$0
Aug 1995047315.92$0
Jul 199501,65615.24$0
Jun 199501,21416.41$0
May 199501,79017.56$0
Apr 199501,69417.73$0
Mar 1995032316.44$0
Feb 199501,26016.58$0
Jan 1995013415.92$0
Dec 1994046415.03$0
Nov 199401,51215.90$0
Oct 199401,56515.58$0
Sep 199401,53915.29$0
Aug 199401,34216.13$0
Jul 199401,20017.56$0
Jun 199401,28617.09$0
May 1994057315.88$0
Apr 1994046914.14$0
Mar 199401,46112.46$0
Feb 1994087312.50$0
Jan 199401,30312.66$0
Dec 199301,56412.33$0
Nov 1993089214.49$0
Oct 199301,34315.85$0
Sep 199301,69615.03$0
Aug 1993095015.66$0
Jul 1993060415.46$0
Jun 1993067616.79$0
May 199301,17717.68$0
Apr 1993083018.05$0
Mar 1993089018.14$0
Feb 199301,24917.90$0
Jan 199301,31016.93$0

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.

Feb 2006 — as filed, then multipliedworked
Condensate           189 bbl  × $ 57.59 =    $10,885
Gas                    0 Mcf  × $  7.75 =         $0

────────────────────────────────────────────────────
Month total                                  $10,885

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/40970 is the state's own key, not one this site invented.