RICHARDS

Name: RICHARDS lease production and value, May 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KERR-MCGEE OIL & GAS ONSHORE LP (P-5 457807) in the PURE GUTS (YEGUA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22718District 03Field 73474495OilCasinghead gasSave Export

Value, all time

$3.7 M

May 1995 – Feb 2011

Value, last 12 filed months

at the published price for each month

Months reported

190

no gaps in the span

Streams

oil, casinghead gas

The PURE GUTS (YEGUA) field

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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered

1995-05-13

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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.

Stream	Basis	Volume	Value
Oil	Disposition	125,311 bbl	$2,306,933
Casinghead gas	Production	449,851 Mcf	$1,440,205
Total			$3,747,138

46,683 Mcf of this lease's gas, across 20 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 29.2623, -96.4727. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.26232, -96.47267 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

7,055 ft

1 wells filed one

Completion to plug

15.3 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 7,055 ft.

Completions filed

May 1995

1 of 1 wells

Plug dates filed

Aug 2010

1 of 1 wells

Last completion to plug: a median of 15.3 years across the 1 well that filed both dates, with the middle half between 15.3 years and 15.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-48133783	2A	7,055 ft	May 1995	Aug 2010	Yes

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 (190)

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

190 months


Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	103	0	56.70	7.08	$5,840
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	14	0	28.80	4.60	$403
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	560	29.41	5.17	$2,896
Jun 2003	185	1,136	28.56	5.98	$12,080
May 2003	0	4,542	26.59	5.97	$27,128
Apr 2003	0	3,686	26.67	5.41	$19,931
Mar 2003	0	3,316	31.14	6.10	$20,214
Feb 2003	0	168	33.48	7.93	$1,332
Jan 2003	0	578	30.31	5.58	$3,226
Dec 2002	371	2,516	26.91	4.85	$22,196
Nov 2002	0	4,052	24.66	4.14	$16,763
Oct 2002	365	7,590	26.46	4.23	$41,757
Sep 2002	360	7,755	27.44	3.64	$38,069
Aug 2002	369	6,971	25.96	3.16	$31,637
Jul 2002	0	7,782	24.58	3.06	$23,827
Jun 2002	378	6,644	23.73	3.34	$31,149
May 2002	365	6,996	24.66	3.58	$34,075
Apr 2002	0	8,597	23.65	3.51	$30,195
Mar 2002	369	3,651	22.00	3.10	$19,446
Feb 2002	370	6,109	18.22	2.38	$21,254
Jan 2002	0	4,623	17.17	2.38	$10,983
Dec 2001	364	6,845	16.93	2.36	$22,347
Nov 2001	376	11,984	18.07	2.41	$35,622
Oct 2001	189	11,445	19.78	2.53	$32,681
Sep 2001	360	9,565	24.26	2.25	$30,267
Aug 2001	364	11,587	24.87	3.05	$44,430
Jul 2001	1,095	12,247	23.93	3.20	$65,358
Jun 2001	735	12,067	24.56	3.82	$64,198
May 2001	722	7,879	25.52	4.31	$52,363
Apr 2001	747	12,488	24.68	5.34	$85,063
Mar 2001	1,507	12,046	24.54	5.38	$101,746
Feb 2001	725	9,348	27.75	5.77	$74,029
Jan 2001	0	6,863	27.47	8.40	$57,641
Dec 2000	0	5,265	26.88	9.12	$48,030
Nov 2000	729	8,430	32.21	5.66	$71,178
Oct 2000	1,112	9,283	31.23	5.15	$82,493
Sep 2000	918	9,452	31.87	5.19	$78,279
Aug 2000	1,437	10,049	29.64	4.54	$88,223
Jul 2000	0	5,053	28.53	4.09	$20,666
Jun 2000	0	4,272	29.30	4.40	$18,785
May 2000	0	4,300	27.26	3.68	$15,823
Apr 2000	158	4,590	24.51	3.12	$18,175
Mar 2000	180	1,046	28.42	2.86	$8,107
Feb 2000	0	5,031	27.62	2.73	$13,717
Jan 2000	171	4,121	25.27	2.48	$14,543
Dec 1999	339	4,676	24.28	2.42	$19,564
Nov 1999	0	4,313	23.19	2.43	$10,498
Oct 1999	362	5,303	20.98	2.80	$22,463
Sep 1999	324	3,560	21.75	2.62	$16,370
Aug 1999	533	3,156	19.26	2.88	$19,341
Jul 1999	351	3,139	17.89	2.37	$13,726
Jun 1999	542	2,975	15.94	2.36	$15,667
May 1999	518	3,136	15.79	2.32	$15,458
Apr 1999	552	3,155	15.10	2.21	$15,302
Mar 1999	546	3,297	12.47	1.84	$12,870
Feb 1999	715	3,033	9.98	1.82	$12,649
Jan 1999	719	3,403	10.38	1.90	$13,929
Dec 1998	885	3,540	9.20	1.77	$14,420
Nov 1998	865	4,171	10.89	2.19	$18,536
Oct 1998	905	4,161	12.42	1.97	$19,434
Sep 1998	887	4,222	12.59	2.08	$19,960
Aug 1998	1,055	4,384	11.30	1.91	$20,283
Jul 1998	1,219	4,492	11.74	2.24	$24,361
Jun 1998	1,086	4,431	11.24	2.24	$22,120
May 1998	1,439	4,707	12.62	2.21	$28,545
Apr 1998	1,419	4,123	13.04	2.51	$28,833
Mar 1998	1,619	4,133	12.80	2.31	$30,268
Feb 1998	1,452	3,671	13.95	2.30	$28,696
Jan 1998	1,629	3,940	14.70	2.15	$32,436
Dec 1997	1,865	3,163	16.32	2.41	$38,063
Nov 1997	1,795	3,319	18.19	3.09	$42,901
Oct 1997	2,316	2,825	19.25	3.15	$53,481
Sep 1997	2,158	3,027	17.74	2.95	$47,227
Aug 1997	2,151	2,824	17.86	2.55	$45,631
Jul 1997	2,159	2,477	17.58	2.25	$43,521
Jun 1997	2,162	2,068	17.24	2.26	$41,941
May 1997	2,189	1,859	18.97	2.31	$45,817
Apr 1997	2,380	1,665	17.88	2.08	$46,022
Mar 1997	2,218	1,649	18.95	1.94	$45,229
Feb 1997	2,195	1,253	20.49	2.21	$47,740
Jan 1997	2,566	1,390	23.48	3.54	$65,170
Dec 1996	2,185	1,241	23.32	—	$50,954
Nov 1996	1,830	1,125	21.97	—	$40,205
Oct 1996	2,374	1,306	23.31	—	$55,338
Sep 1996	2,158	1,398	22.22	—	$47,951
Aug 1996	2,331	1,363	20.26	—	$47,226
Jul 1996	2,403	1,550	19.55	—	$46,979
Jun 1996	2,558	1,624	18.73	—	$47,911
May 1996	2,555	1,730	19.43	—	$49,644
Apr 1996	2,401	1,635	21.51	—	$51,646
Mar 1996	2,415	1,599	19.38	—	$46,803
Feb 1996	2,411	1,437	16.98	—	$40,939
Jan 1996	2,502	1,565	17.07	—	$42,709
Dec 1995	1,316	950	17.19	—	$22,622
Nov 1995	1,470	978	16.00	—	$23,520
Oct 1995	3,959	3,249	15.43	—	$61,087
Sep 1995	5,498	4,275	16.18	—	$88,958
Aug 1995	5,632	4,748	15.92	—	$89,661
Jul 1995	5,908	5,368	15.24	—	$90,038
Jun 1995	6,156	5,638	16.41	—	$101,020
May 1995	5,996	3,904	17.56	—	$105,290

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.

Mar 2006 — as filed, then multipliedworked

Oil                  103 bbl  × $ 56.70 =     $5,840
Casinghead gas         0 Mcf  × $  7.08 =         $0

────────────────────────────────────────────────────
Month total                                   $5,840

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/O/22718 is the state's own key, not one this site invented.