RICHTER, MAX

Operated by FIRST PARAGON PROPERTIES, L.L.C. (P-5 103197) in the RICHTER (5100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8981District 04Field 76520500OilCasinghead gasSave
Value, all time
$3.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$66 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition71,655 bbl$3,541,888
Casinghead gasProduction21 Mcf$0
Total$3,541,888

21 Mcf of this lease's gas, across 21 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 27.8057, -98.0059. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.80570, -98.00589 · 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
5,742 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 5,742 ft.

Completions filed
Sep 1977
1 of 1 wells

1 well

42-2493057415,742 ftSep 1977

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 (401)

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

401 months

May 20261650106.413.05$17,558
Apr 2026171098.932.87$16,917
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025177056.664.41$10,029
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025161062.743.08$10,101
Aug 20250063.933.01$0
Jul 2025173066.743.32$11,546
Jun 20250066.483.13$0
May 2025156060.553.23$9,446
Apr 2025173062.363.54$10,788
Mar 2025166067.704.27$11,238
Feb 2025168070.884.34$11,908
Jan 20250074.324.28$0
Dec 2024170068.993.12$11,728
Nov 20240069.052.20$0
Oct 2024157071.372.28$11,205
Sep 20240069.612.36$0
Aug 2024156075.632.06$11,798
Jul 2024171079.932.15$13,668
Jun 2024164078.082.63$12,805
May 20240078.812.20$0
Apr 2024167084.451.66$14,103
Mar 2024154080.301.55$12,366
Feb 2024165076.091.78$12,555
Jan 2024160073.023.30$11,683
Dec 2023164071.262.61$11,687
Nov 20230077.892.81$0
Oct 2023156085.443.09$13,329
Sep 2023160089.042.74$14,246
Aug 2023151080.522.67$12,159
Jul 2023153074.852.64$11,452
Jun 2023154068.962.26$10,620
May 2023149070.622.23$10,522
Apr 2023155078.122.24$12,109
Mar 2023146072.852.39$10,636
Feb 2023153075.112.47$11,492
Jan 2023155076.533.39$11,862
Dec 2022156076.415.73$11,920
Nov 2022154085.005.65$13,090
Oct 2022170087.185.86$14,821
Sep 2022154084.888.16$13,072
Aug 2022154094.529.13$14,556
Jul 20221590101.587.54$16,151
Jun 20221610115.097.98$18,529
May 20221570109.378.43$17,171
Apr 20223130104.226.84$32,621
Mar 20221590108.885.08$17,312
Feb 2022158091.054.86$14,386
Jan 2022159081.844.54$13,013
Dec 2021152071.323.90$10,841
Nov 2021161077.435.24$12,466
Oct 2021155079.795.71$12,367
Sep 2021154069.865.35$10,758
Aug 2021153066.024.22$10,101
Jul 2021157070.783.98$11,112
Jun 2021151069.493.38$10,493
May 2021156063.483.02$9,903
Apr 2021156060.362.76$9,416
Mar 2021154061.302.72$9,440
Feb 2021174057.805.55$10,057
Jan 2021167050.412.81$8,418
Dec 2020161044.642.68$7,187
Nov 2020162038.772.71$6,281
Oct 2020322036.972.48$11,904
Sep 2020163037.091.99$6,046
Aug 2020153039.982.39$6,117
Jul 20200038.371.83$0
Jun 2020167034.901.69$5,828
May 2020317016.921.81$5,364
Apr 2020180014.751.80$2,655
Mar 2020174030.341.86$5,279
Feb 2020184049.881.98$9,178
Jan 20200057.252.09$0
Dec 2019158059.012.30$9,324
Nov 2019164055.302.75$9,069
Oct 2019169053.472.42$9,036
Sep 2019164055.052.66$9,028
Aug 2019158053.112.30$8,391
Jul 2019302056.272.46$16,994
Jun 2019156052.782.49$8,234
May 2019177058.482.74$10,351
Apr 2019167062.632.75$10,459
Mar 2019160056.803.06$9,088
Feb 2019159050.852.79$8,085
Jan 2019181046.033.23$8,331
Dec 2018187046.594.19$8,712
Nov 2018169052.934.24$8,945
Oct 2018181061.443.40$11,121
Sep 2018163059.543.11$9,705
Aug 2018159059.403.07$9,445
Jul 2018150065.142.93$9,771
Jun 2018155060.183.08$9,328
May 2018159065.382.90$10,395
Apr 2018173063.842.90$11,044
Mar 2018170061.222.79$10,407
Feb 2018164061.782.77$10,132
Jan 2018170062.874.01$10,688
Dec 2017177057.272.92$10,137
Nov 2017166055.423.12$9,200
Oct 2017166049.292.98$8,182
Sep 2017169047.523.09$8,031
Aug 2017176045.373.00$7,985
Jul 2017165043.873.09$7,239
Jun 2017176042.493.09$7,478
May 2017167045.373.26$7,577
Apr 2017166047.933.21$7,956
Mar 2017164046.772.98$7,670
Feb 2017173050.452.95$8,728
Jan 2017173049.413.42$8,548
Dec 2016329048.763.72$16,042
Nov 2016167042.492.64$7,096
Oct 2016156046.193.09$7,206
Sep 2016164041.553.10$6,814
Aug 2016156041.442.92$6,465
Jul 2016174041.622.92$7,242
Jun 2016163045.352.69$7,392
May 2016166042.521.99$7,058
Apr 2016164036.561.99$5,996
Mar 2016151033.011.79$4,985
Feb 2016160026.472.06$4,235
Jan 2016340027.352.36$9,299
Dec 2015175032.362.00$5,663
Nov 2015166038.792.17$6,439
Oct 2015160043.552.43$6,968
Sep 2015178042.992.76$7,652
Aug 2015165040.162.87$6,626
Jul 2015167048.152.95$8,041
Jun 2015161056.152.88$9,040
May 2015173055.212.96$9,551
Apr 2015152049.822.71$7,573
Mar 2015162042.892.93$6,948
Feb 2015165044.662.98$7,369
Jan 2015161043.433.10$6,992
Dec 2014344054.693.59$18,813
Nov 2014167070.464.25$11,767
Oct 2014166078.303.90$12,998
Sep 2014170086.164.05$14,647
Aug 2014158089.394.04$14,124
Jul 2014174096.564.18$16,801
Jun 2014160098.164.74$15,706
May 2014149094.734.73$14,115
Apr 2014290095.944.81$27,823
Mar 2014134095.895.06$12,849
Feb 2014168097.406.19$16,363
Jan 2014307090.404.86$27,753
Dec 2013167091.824.35$15,334
Nov 2013164088.853.74$14,571
Oct 2013169097.423.78$16,464
Sep 20131660104.113.72$17,282
Aug 20131700104.253.52$17,723
Jul 20131690102.523.72$17,326
Jun 2013155094.403.93$14,632
May 2013163094.834.15$15,457
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013181091.233.42$16,513
Jan 2013170091.603.42$15,572
Dec 2012164086.773.42$14,230
Nov 2012167086.953.62$14,521
Oct 2012168089.383.40$15,016
Sep 2012175094.672.92$16,567
Aug 2012137092.662.91$12,694
Jul 2012171085.133.02$14,557
Jun 2012178079.822.52$14,208
May 2012168091.612.49$15,390
Apr 20121730101.652.00$17,585
Mar 20121720105.052.22$18,069
Feb 20121740101.102.57$17,591
Jan 2012173098.092.73$16,970
Dec 2011175096.873.24$16,952
Nov 2011165095.723.31$15,794
Oct 2011177084.983.65$15,041
Sep 2011171083.623.99$14,299
Aug 2011176083.404.15$14,678
Jul 2011175094.144.52$16,475
Jun 2011175092.904.64$16,258
May 2011173098.134.40$16,976
Apr 20111780105.964.33$18,861
Mar 2011178096.364.06$17,152
Feb 2011176085.644.18$15,073
Jan 2011171086.504.59$14,792
Dec 2010174085.734.35$14,917
Nov 2010342080.843.80$27,647
Oct 2010173078.103.51$13,511
Sep 2010172072.633.98$12,492
Aug 2010172073.684.42$12,673
Jul 2010173072.554.74$12,551
Jun 2010172070.364.91$12,102
May 2010175071.124.24$12,446
Apr 2010173081.694.12$14,132
Mar 20100078.394.39$0
Feb 2010346073.585.44$25,459
Jan 2010171074.365.96$12,716
Dec 2009170071.445.48$12,145
Nov 2009169074.593.75$12,606
Oct 2009174072.544.11$12,622
Sep 2009169065.543.06$11,076
Aug 2009170067.423.22$11,461
Jul 2009172061.133.46$10,514
Jun 2009172066.163.90$11,380
May 2009174054.743.93$9,525
Apr 2009170046.773.59$7,951
Mar 2009173042.144.06$7,290
Feb 2009175032.814.63$5,742
Jan 2009175035.865.37$6,276
Dec 2008165037.105.98$6,122
Nov 2008347055.496.86$19,255
Oct 2008178075.246.92$13,393
Sep 20081710101.767.88$17,401
Aug 20081720114.228.48$19,646
Jul 20081770131.0811.39$23,201
Jun 20081710131.3313.03$22,457
May 20081630123.1711.57$20,077
Apr 20081570110.3110.45$17,319
Mar 20081700101.909.66$17,323
Feb 2008300092.538.77$27,759
Jan 2008175090.388.21$15,817
Dec 2007174088.337.30$15,369
Nov 2007175091.677.29$16,042
Oct 2007174082.856.92$14,416
Sep 2007181075.846.24$13,727
Aug 2007176069.066.39$12,155
Jul 2007168070.906.39$11,911
Jun 2007342062.007.55$21,204
May 2007174058.747.85$10,221
Apr 2007176059.617.81$10,491
Mar 2007176056.927.30$10,018
Feb 2007173055.108.22$9,532
Jan 2007174050.306.73$8,752
Dec 2006174056.656.92$9,857
Nov 2006170054.207.62$9,214
Oct 2006178054.906.01$9,772
Sep 2006175060.085.04$10,514
Aug 2006329068.717.34$22,606
Jul 2006172069.376.34$11,932
Jun 2006177066.286.38$11,732
May 2006179066.016.42$11,816
Apr 2006173064.397.36$11,139
Mar 2006347056.707.08$19,675
Feb 2006165057.597.75$9,502
Jan 2006346060.598.93$20,964
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005318058.3413.80$18,552
Sep 2005176061.4512.08$10,815
Aug 2005170061.519.80$10,457
Jul 20050055.697.84$0
Jun 2005175052.337.38$9,158
May 2005128045.226.65$5,788
Apr 2005335049.207.36$16,482
Mar 2005172050.377.15$8,664
Feb 2005173045.226.31$7,823
Jan 2005167043.166.32$7,208
Dec 2004168039.866.75$6,696
Nov 2004341045.286.33$15,440
Oct 2004171049.706.52$8,499
Sep 2004174043.245.28$7,524
Aug 2004174042.375.55$7,372
Jul 2004168038.286.08$6,431
Jun 2004171036.106.43$6,173
May 2004154037.486.49$5,772
Apr 2004329034.475.86$11,341
Mar 2004173034.365.53$5,944
Feb 2004168032.455.51$5,452
Jan 2004174032.036.30$5,573
Dec 2003353030.266.30$10,682
Nov 2003173028.804.60$4,982
Oct 2003175028.174.76$4,930
Sep 2003172026.314.75$4,525
Aug 2003166029.765.13$4,940
Jul 2003162029.415.17$4,764
Jun 2003178028.565.98$5,084
May 2003343026.595.97$9,120
Apr 2003174026.675.41$4,641
Mar 2003180031.146.10$5,605
Feb 2003170033.487.93$5,692
Jan 2003160030.315.58$4,850
Dec 2002168026.914.85$4,521
Nov 2002174024.664.14$4,291
Oct 2002170026.464.23$4,498
Sep 2002344027.443.64$9,439
Aug 2002165025.963.16$4,283
Jul 2002158024.583.06$3,884
Jun 2002172023.733.34$4,082
May 2002157024.663.58$3,872
Apr 2002326023.653.51$7,710
Mar 2002170022.003.10$3,740
Feb 2002163018.222.38$2,970
Jan 2002174017.172.38$2,988
Dec 2001333016.932.36$5,638
Nov 2001178018.072.41$3,216
Oct 2001161019.782.53$3,185
Sep 2001170024.262.25$4,124
Aug 2001166024.873.05$4,128
Jul 2001146023.933.20$3,494
Jun 2001323024.563.82$7,933
May 2001169025.524.31$4,313
Apr 2001165024.685.34$4,072
Mar 2001170024.545.38$4,172
Feb 2001157027.755.77$4,357
Jan 2001318027.478.40$8,735
Dec 2000170026.889.12$4,570
Nov 2000173032.215.66$5,572
Oct 2000174031.235.15$5,434
Sep 2000335031.875.19$10,676
Aug 2000158029.644.54$4,683
Jul 2000176028.534.09$5,021
Jun 2000174029.304.40$5,098
May 2000146027.263.68$3,980
Apr 2000330024.513.12$8,088
Mar 2000167028.422.86$4,746
Feb 2000180027.622.73$4,972
Jan 2000176025.272.48$4,448
Dec 1999163024.282.42$3,958
Nov 1999279023.192.43$6,470
Oct 1999165020.982.80$3,462
Sep 1999175021.752.62$3,806
Aug 1999349019.262.88$6,722
Jul 19990017.892.37$0
Jun 1999356015.942.36$5,675
May 1999170015.792.32$2,684
Apr 1999178015.102.21$2,688
Mar 1999178012.471.84$2,220
Feb 199917009.981.82$1,697
Jan 1999174010.381.90$1,806
Dec 199817409.201.77$1,601
Nov 1998180010.892.19$1,960
Oct 1998181012.421.97$2,248
Sep 1998180012.592.08$2,266
Aug 1998361011.301.91$4,079
Jul 1998183011.742.24$2,148
Jun 1998175011.242.24$1,967
May 1998172012.622.21$2,171
Apr 1998176013.042.51$2,295
Mar 1998172012.802.31$2,202
Feb 1998346013.952.30$4,827
Jan 1998173014.702.15$2,543
Dec 1997171016.322.41$2,791
Nov 1997176018.193.09$3,201
Oct 1997169019.253.15$3,253
Sep 1997174017.742.95$3,087
Aug 1997364017.862.55$6,501
Jul 1997171017.582.25$3,006
Jun 1997172017.242.26$2,965
May 1997174018.972.31$3,301
Apr 1997173017.882.08$3,093
Mar 1997352018.951.94$6,670
Feb 1997172020.492.21$3,524
Jan 1997180023.483.54$4,226
Dec 1996167023.32$3,894
Nov 1996179021.97$3,933
Oct 1996180023.31$4,196
Sep 1996182022.22$4,044
Aug 1996355020.26$7,192
Jul 1996172019.55$3,363
Jun 1996172018.73$3,222
May 1996184019.43$3,575
Apr 1996172021.51$3,700
Mar 1996187019.38$3,624
Feb 1996179016.98$3,039
Jan 1996360017.07$6,145
Dec 1995176017.19$3,025
Nov 1995180016.00$2,880
Oct 1995182015.43$2,808
Sep 1995261016.18$4,223
Aug 1995178015.92$2,834
Jul 1995175015.24$2,667
Jun 1995179016.41$2,937
May 1995180017.56$3,161
Apr 1995309017.73$5,479
Mar 1995179016.44$2,943
Feb 1995184016.58$3,051
Jan 1995181015.92$2,882
Dec 1994184015.03$2,766
Nov 1994366015.90$5,819
Oct 1994200015.58$3,116
Sep 1994194115.29$2,966
Aug 1994189116.13$3,049
Jul 1994190117.56$3,336
Jun 1994184117.09$3,145
May 1994205115.88$3,255
Apr 1994188114.14$2,658
Mar 1994192112.46$2,392
Feb 1994193112.50$2,413
Jan 1994181112.66$2,291
Dec 1993382112.33$4,710
Nov 1993186114.49$2,695
Oct 1993181115.85$2,869
Sep 1993189115.03$2,841
Aug 1993183115.66$2,866
Jul 1993184115.46$2,845
Jun 1993187116.79$3,140
May 1993380117.68$6,718
Apr 1993191118.05$3,448
Mar 1993183118.14$3,320
Feb 1993183117.90$3,276
Jan 1993192116.93$3,251

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.

May 2026 — as filed, then multipliedworked
Oil                  165 bbl  × $106.41 =    $17,558
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $17,558

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. 04/O/8981 is the state's own key, not one this site invented.