RICKARD GAS UNIT

Operated by 1789 MANAGEMENT, LLC (P-5 100936) in the FREESTONE (CV-BOSSIER CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 240297District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.5 M
Feb 2008 – May 2026
Value, last 12 filed months
$70 k
at the published price for each month
Months reported
220
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 960 leases and 960 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2016-11-15.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PLATS FOR INDIVIDUAL WELLS IN THE FIELD IF THEY CHOOSE.

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 Gas112008-10-22186503
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
CondensateDisposition42 bbl$2,761
GasProduction1,409,200 Mcf$7,543,206
Total$7,545,967

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 31.4663, -96.3527. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46629, -96.35268 · 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
13,203 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 13,203 ft.

Completions filed
Feb 2008
1 of 1 wells

1 well

42-293320661213,203 ftFeb 2008

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 (220)

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

220 months

May 202601,628106.413.05$4,959
Apr 202601,70998.932.87$4,904
Mar 202601,64589.753.15$5,181
Feb 202601,69163.503.75$6,342
Jan 202601,26859.138.00$10,141
Dec 202501,26856.664.41$5,596
Nov 202501,98658.593.93$7,798
Oct 202502,02359.383.30$6,686
Sep 202501,60962.743.08$4,951
Aug 202501,59663.933.01$4,812
Jul 202501,37266.743.32$4,548
Jun 202501,40266.483.13$4,386
May 202501,66060.553.23$5,366
Apr 202501,51562.363.54$5,368
Mar 202501,37467.704.27$5,865
Feb 202501,13570.884.34$4,927
Jan 202501,49574.324.28$6,397
Dec 202401,48268.993.12$4,626
Nov 202401,43769.052.20$3,159
Oct 202401,57371.372.28$3,589
Sep 2024095769.612.36$2,263
Aug 202402,26775.632.06$4,678
Jul 202402,58479.932.15$5,547
Jun 202401,98378.082.63$5,223
May 202401,74678.812.20$3,838
Apr 202401,50284.451.66$2,492
Mar 202401,70780.301.55$2,638
Feb 202401,56176.091.78$2,784
Jan 202401,50373.023.30$4,956
Dec 202301,58371.262.61$4,133
Nov 202301,38977.892.81$3,900
Oct 202301,79185.443.09$5,529
Sep 202301,10489.042.74$3,019
Aug 2023072080.522.67$1,924
Jul 2023095274.852.64$2,515
Jun 202301,64268.962.26$3,708
May 202301,06570.622.23$2,372
Apr 2023196978.122.24$2,247
Mar 20230072.852.39$0
Feb 202301,63475.112.47$4,029
Jan 202301,38576.533.39$4,692
Dec 202201,12976.415.73$6,468
Nov 202201,25685.005.65$7,092
Oct 202202,04287.185.86$11,974
Sep 202201,85784.888.16$15,160
Aug 202201,91094.529.13$17,433
Jul 202202,195101.587.54$16,555
Jun 202201,947115.097.98$15,532
May 202202,101109.378.43$17,718
Apr 202201,260104.226.84$8,615
Mar 202201,235108.885.08$6,269
Feb 202201,72191.054.86$8,362
Jan 2022094481.844.54$4,284
Dec 2021073471.323.90$2,862
Nov 202101,00077.435.24$5,237
Oct 2021085679.795.71$4,891
Sep 202101,20369.865.35$6,437
Aug 202101,75966.024.22$7,424
Jul 202101,74070.783.98$6,929
Jun 202102,04469.493.38$6,910
May 202102,15963.483.02$6,515
Apr 202101,79360.362.76$4,946
Mar 202102,36161.302.72$6,415
Feb 202101,61157.805.55$8,938
Jan 202102,14950.412.81$6,039
Dec 202002,32644.642.68$6,223
Nov 202002,28738.772.71$6,190
Oct 202002,57236.972.48$6,375
Sep 202001,77937.091.99$3,542
Aug 202001,86639.982.39$4,451
Jul 202002,46438.371.83$4,497
Jun 202002,28234.901.69$3,857
May 202002,74716.921.81$4,985
Apr 202002,88814.751.80$5,211
Mar 202001,74030.341.86$3,230
Feb 202001,10649.881.98$2,191
Jan 202001,66257.252.09$3,481
Dec 201901,83259.012.30$4,222
Nov 201902,00055.302.75$5,501
Oct 201902,19553.472.42$5,309
Sep 201902,14155.052.66$5,689
Aug 201902,18253.112.30$5,028
Jul 201902,34556.272.46$5,769
Jun 201901,32552.782.49$3,301
May 201901,69158.482.74$4,634
Apr 201902,12562.632.75$5,845
Mar 201901,56456.803.06$4,789
Feb 201901,20550.852.79$3,365
Jan 201901,48846.033.23$4,804
Dec 201801,86746.594.19$7,814
Nov 20180052.934.24$0
Oct 201802,99061.443.40$10,160
Sep 201802,92259.543.11$9,082
Aug 201803,28559.403.07$10,074
Jul 201803,00265.142.93$8,802
Jun 201802,56660.183.08$7,895
May 201803,26765.382.90$9,477
Apr 201803,07863.842.90$8,929
Mar 201803,15861.222.79$8,801
Feb 201803,06761.782.77$8,484
Jan 201803,05062.874.01$12,228
Dec 201703,50957.272.92$10,252
Nov 201703,33055.423.12$10,384
Oct 201703,16649.292.98$9,446
Sep 201703,40847.523.09$10,521
Aug 201703,59545.373.00$10,801
Jul 201703,61743.873.09$11,167
Jun 201703,66642.493.09$11,318
May 201703,76445.373.26$12,283
Apr 201763,83747.933.21$12,610
Mar 201703,25246.772.98$9,703
Feb 201703,38050.452.95$9,980
Jan 201703,90549.413.42$13,350
Dec 201603,94848.763.72$14,698
Nov 201603,91042.492.64$10,339
Oct 201604,11446.193.09$12,713
Sep 201604,02341.553.10$12,474
Aug 201604,25841.442.92$12,452
Jul 201604,39641.622.92$12,855
Jun 201604,25445.352.69$11,426
May 201604,46242.521.99$8,884
Apr 201604,37036.561.99$8,701
Mar 201604,72033.011.79$8,468
Feb 201604,47026.472.06$9,224
Jan 201604,86427.352.36$11,500
Dec 201505,14832.362.00$10,303
Nov 201504,96438.792.17$10,759
Oct 201505,34143.552.43$12,960
Sep 201545,16642.992.76$14,422
Aug 201504,84640.162.87$13,920
Jul 201504,76348.152.95$14,027
Jun 201504,89456.152.88$14,109
May 201504,87755.212.96$14,414
Apr 201504,78849.822.71$12,959
Mar 201504,97842.892.93$14,609
Feb 201504,55344.662.98$13,551
Jan 201505,12343.433.10$15,885
Dec 201405,06154.693.59$18,176
Nov 201402,18570.464.25$9,290
Oct 201403,81578.303.90$14,882
Sep 201405,09086.164.05$20,591
Aug 201404,64889.394.04$18,755
Jul 201423,65296.564.18$15,457
Jun 201404,73398.164.74$22,420
May 201404,81494.734.73$22,754
Apr 201404,92595.944.81$23,685
Mar 201404,77295.895.06$24,131
Feb 201403,02897.406.19$18,749
Jan 201403,77790.404.86$18,359
Dec 201303,51991.824.35$15,323
Nov 201303,54088.853.74$13,234
Oct 201305,06297.423.78$19,131
Sep 201304,063104.113.72$15,105
Aug 201304,778104.253.52$16,831
Jul 201304,145102.523.72$15,410
Jun 201304,34894.403.93$17,102
May 201305,17194.834.15$21,455
Apr 201304,26293.964.28$18,252
Mar 201303,92793.623.91$15,366
Feb 201304,39191.233.42$15,017
Jan 201304,09491.603.42$14,001
Dec 201204,08086.773.42$13,954
Nov 201205,24786.953.62$19,020
Oct 201204,56689.383.40$15,523
Sep 201205,85694.672.92$17,090
Aug 201205,27992.662.91$15,352
Jul 201206,01485.133.02$18,167
Jun 201206,04379.822.52$15,223
May 201205,07791.612.49$12,633
Apr 201205,722101.652.00$11,426
Mar 201206,062105.052.22$13,470
Feb 201206,086101.102.57$15,642
Jan 201206,14998.092.73$16,812
Dec 201106,59996.873.24$21,379
Nov 201106,72695.723.31$22,272
Oct 201107,42184.983.65$27,076
Sep 201106,76783.623.99$26,972
Aug 201107,42183.404.15$30,792
Jul 201108,11794.144.52$36,666
Jun 201107,52992.904.64$34,934
May 201108,71298.134.40$38,375
Apr 201108,881105.964.33$38,484
Mar 201109,31096.364.06$37,774
Feb 201108,77485.644.18$36,675
Jan 2011010,18886.504.59$46,750
Dec 2010010,68185.734.35$46,438
Nov 2010010,73580.843.80$40,743
Oct 2010011,50178.103.51$40,356
Sep 2010011,52072.633.98$45,843
Aug 20101212,36073.684.42$55,507
Jul 2010012,88372.554.74$61,020
Jun 2010012,99870.364.91$63,825
May 2010013,89271.124.24$58,836
Apr 2010013,46681.694.12$55,516
Mar 2010014,57178.394.39$63,947
Feb 2010013,94473.585.44$75,888
Jan 2010016,13674.365.96$96,237
Dec 2009016,77571.445.48$91,990
Nov 2009016,86074.593.75$63,250
Oct 2009018,28272.544.11$75,144
Sep 2009018,64265.543.06$57,133
Aug 20091720,14167.423.22$65,970
Jul 2009021,33361.133.46$73,908
Jun 2009021,74066.163.90$84,677
May 2009023,59054.743.93$92,608
Apr 2009024,25546.773.59$87,015
Mar 2009025,54942.144.06$103,703
Feb 2009024,45732.814.63$113,309
Jan 2009029,16235.865.37$156,629
Dec 2008031,29737.105.98$187,067
Nov 2008032,44655.496.86$222,591
Oct 2008036,07375.246.92$249,697
Sep 2008037,847101.767.88$298,124
Aug 2008041,190114.228.48$349,416
Jul 2008043,835131.0811.39$499,256
Jun 2008037,504131.3313.03$488,776
May 2008047,507123.1711.57$549,860
Apr 2008054,353110.3110.45$568,253
Mar 2008033,511101.909.66$323,853
Feb 200809792.538.77$851

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
Condensate             0 bbl  × $106.41 =         $0
Gas                1,628 Mcf  × $  3.05 =     $4,959

────────────────────────────────────────────────────
Month total                                   $4,959

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. 05/G/240297 is the state's own key, not one this site invented.