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 240375District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Nov 2007 – May 2026
Value, last 12 filed months
$46 k
at the published price for each month
Months reported
223
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 Gas112008-10-22186502
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
CondensateDisposition46 bbl$2,653
GasProduction545,142 Mcf$2,834,998
Total$2,837,651

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 31.4760, -96.3644. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47597, -96.36439 · 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
11,470 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 11,470 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-29331924711,470 ftNov 2007

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 (223)

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

223 months

May 202601,128106.413.05$3,436
Apr 2026094198.932.87$2,700
Mar 2026092389.753.15$2,907
Feb 2026076163.503.75$2,854
Jan 2026096959.138.00$7,750
Dec 2025096956.664.41$4,277
Nov 202501,08658.593.93$4,264
Oct 2025091259.383.30$3,014
Sep 202501,08362.743.08$3,332
Aug 202501,16563.933.01$3,512
Jul 202501,17766.743.32$3,902
Jun 202501,14866.483.13$3,592
May 202501,17260.553.23$3,788
Apr 202501,03862.363.54$3,678
Mar 202501,16367.704.27$4,964
Feb 2025062970.884.34$2,730
Jan 2025081774.324.28$3,496
Dec 2024077768.993.12$2,425
Nov 2024071769.052.20$1,576
Oct 2024092871.372.28$2,117
Sep 2024085769.612.36$2,026
Aug 202401,09675.632.06$2,262
Jul 202401,16179.932.15$2,492
Jun 202401,13078.082.63$2,976
May 202401,11178.812.20$2,442
Apr 202401,08884.451.66$1,805
Mar 202401,17280.301.55$1,811
Feb 202401,13476.091.78$2,023
Jan 2024096273.023.30$3,172
Dec 202301,15371.262.61$3,010
Nov 202301,19677.892.81$3,358
Oct 202301,27085.443.09$3,921
Sep 202301,39189.042.74$3,804
Aug 202301,18080.522.67$3,154
Jul 202301,46374.852.64$3,865
Jun 202301,24468.962.26$2,810
May 202301,31570.622.23$2,929
Apr 202301,29278.122.24$2,891
Mar 20230072.852.39$0
Feb 202301,11675.112.47$2,752
Jan 202301,28676.533.39$4,357
Dec 202201,44676.415.73$8,284
Nov 202201,46585.005.65$8,272
Oct 202201,48587.185.86$8,708
Sep 202201,55784.888.16$12,711
Aug 202201,45394.529.13$13,262
Jul 202201,670101.587.54$12,595
Jun 202201,315115.097.98$10,490
May 202201,667109.378.43$14,058
Apr 202201,679104.226.84$11,480
Mar 202201,479108.885.08$7,508
Feb 202201,61391.054.86$7,837
Jan 202201,95281.844.54$8,858
Dec 202102,11971.323.90$8,262
Nov 202101,59577.435.24$8,353
Oct 202101,22579.795.71$6,999
Sep 202101,13469.865.35$6,068
Aug 202101,07166.024.22$4,520
Jul 202101,58970.783.98$6,328
Jun 202101,06569.493.38$3,600
May 202101,14263.483.02$3,446
Apr 202101,11960.362.76$3,087
Mar 202101,24061.302.72$3,369
Feb 2021099257.805.55$5,504
Jan 202101,11350.412.81$3,128
Dec 202001,14444.642.68$3,061
Nov 202001,09638.772.71$2,966
Oct 202001,12036.972.48$2,776
Sep 202001,06937.091.99$2,128
Aug 202001,18939.982.39$2,836
Jul 2020099238.371.83$1,811
Jun 202001,26134.901.69$2,131
May 202001,24416.921.81$2,258
Apr 202001,52114.751.80$2,744
Mar 202001,36330.341.86$2,530
Feb 202001,17849.881.98$2,333
Jan 202001,51557.252.09$3,174
Dec 201901,32659.012.30$3,056
Nov 2019089355.302.75$2,456
Oct 201901,18453.472.42$2,864
Sep 201901,37355.052.66$3,648
Aug 201901,29253.112.30$2,977
Jul 201901,42656.272.46$3,508
Jun 201901,43752.782.49$3,580
May 201901,55158.482.74$4,250
Apr 201901,20862.632.75$3,323
Mar 201901,44956.803.06$4,437
Feb 201901,49150.852.79$4,163
Jan 201901,35646.033.23$4,377
Dec 201801,68146.594.19$7,036
Nov 201801,20552.934.24$5,106
Oct 201801,53761.443.40$5,223
Sep 201801,79059.543.11$5,563
Aug 201801,53959.403.07$4,719
Jul 201831,46665.142.93$4,494
Jun 201801,46560.183.08$4,508
May 201801,58865.382.90$4,606
Apr 201801,48163.842.90$4,296
Mar 201801,70961.222.79$4,763
Feb 201801,29061.782.77$3,568
Jan 201801,35962.874.01$5,449
Dec 201701,57257.272.92$4,593
Nov 201701,48755.423.12$4,637
Oct 201701,58649.292.98$4,732
Sep 201701,74447.523.09$5,384
Aug 201701,64645.373.00$4,945
Jul 201701,68343.873.09$5,196
Jun 201701,55542.493.09$4,801
May 201711,55745.373.26$5,126
Apr 201701,58647.933.21$5,094
Mar 201701,34846.772.98$4,022
Feb 201701,35650.452.95$4,004
Jan 201701,70549.413.42$5,829
Dec 201601,76148.763.72$6,556
Nov 201601,56842.492.64$4,146
Oct 201601,67046.193.09$5,161
Sep 201601,63841.553.10$5,079
Aug 201601,74341.442.92$5,097
Jul 201601,77941.622.92$5,202
Jun 201601,63345.352.69$4,386
May 201601,81142.521.99$3,606
Apr 201601,85936.561.99$3,701
Mar 201601,79733.011.79$3,224
Feb 201601,61626.472.06$3,335
Jan 201601,67927.352.36$3,970
Dec 201501,66832.362.00$3,338
Nov 201501,62138.792.17$3,513
Oct 201501,57743.552.43$3,827
Sep 201501,60742.992.76$4,433
Aug 201501,48640.162.87$4,269
Jul 201501,62448.152.95$4,783
Jun 201501,72756.152.88$4,979
May 201501,73155.212.96$5,116
Apr 201501,62149.822.71$4,387
Mar 201501,78142.892.93$5,227
Feb 201501,68544.662.98$5,015
Jan 201501,71343.433.10$5,311
Dec 201401,88254.693.59$6,759
Nov 201401,77470.464.25$7,543
Oct 201401,90878.303.90$7,443
Sep 201401,78086.164.05$7,201
Aug 201401,88989.394.04$7,622
Jul 201472,06296.564.18$9,294
Jun 201401,73798.164.74$8,228
May 201401,76394.734.73$8,333
Apr 201401,94895.944.81$9,368
Mar 201401,68695.895.06$8,526
Feb 201401,55197.406.19$9,604
Jan 201402,09490.404.86$10,178
Dec 201302,12891.824.35$9,266
Nov 201301,95588.853.74$7,308
Oct 201302,21597.423.78$8,371
Sep 201302,045104.113.72$7,603
Aug 201302,070104.253.52$7,292
Jul 201302,257102.523.72$8,391
Jun 201302,04894.403.93$8,056
May 201302,04194.834.15$8,468
Apr 201301,98593.964.28$8,501
Mar 201302,08193.623.91$8,143
Feb 201301,93091.233.42$6,600
Jan 201301,95991.603.42$6,700
Dec 201202,37286.773.42$8,113
Nov 201201,72686.953.62$6,257
Oct 201201,81889.383.40$6,181
Sep 201201,82094.672.92$5,311
Aug 201202,15392.662.91$6,261
Jul 201203,26585.133.02$9,863
Jun 201201,81579.822.52$4,572
May 201201,74491.612.49$4,340
Apr 201201,830101.652.00$3,654
Mar 201201,881105.052.22$4,180
Feb 201202,489101.102.57$6,397
Jan 201202,28798.092.73$6,253
Dec 201102,33096.873.24$7,549
Nov 201102,19495.723.31$7,265
Oct 201102,73884.983.65$9,990
Sep 201102,52383.623.99$10,056
Aug 201102,50483.404.15$10,390
Jul 201102,69494.144.52$12,169
Jun 201102,52992.904.64$11,734
May 201102,70398.134.40$11,906
Apr 201102,598105.964.33$11,258
Mar 201102,51096.364.06$10,184
Feb 201102,35885.644.18$9,856
Jan 201102,65986.504.59$12,202
Dec 201003,12885.734.35$13,600
Nov 201003,13280.843.80$11,887
Oct 201003,25678.103.51$11,425
Sep 201002,86272.633.98$11,389
Aug 201003,68573.684.42$16,285
Jul 201003,67572.554.74$17,407
Jun 201003,72170.364.91$18,272
May 201003,41371.124.24$14,455
Apr 201003,18781.694.12$13,139
Mar 201003,72178.394.39$16,330
Feb 201003,30673.585.44$17,992
Jan 201004,34774.365.96$25,926
Dec 200904,74371.445.48$26,009
Nov 200904,65574.593.75$17,463
Oct 200904,98872.544.11$20,502
Sep 200904,66465.543.06$14,294
Aug 2009175,54567.423.22$18,993
Jul 200905,65761.133.46$19,599
Jun 200903,86766.163.90$15,062
May 200904,02854.743.93$15,813
Apr 200904,35446.773.59$15,620
Mar 200904,78642.144.06$19,426
Feb 2009184,44332.814.63$21,175
Jan 200904,99835.865.37$26,844
Dec 200805,01037.105.98$29,945
Nov 200805,42355.496.86$37,204
Oct 200806,27675.246.92$43,442
Sep 200806,931101.767.88$54,596
Aug 200808,155114.228.48$69,179
Jul 200808,644131.0811.39$98,450
Jun 200809,695131.3313.03$126,351
May 2008010,644123.1711.57$123,197
Apr 2008012,931110.3110.45$135,192
Mar 2008015,886101.909.66$153,523
Feb 2008017,95792.538.77$157,493
Jan 200808,80090.388.21$72,210
Dec 2007011,95588.337.30$87,295
Nov 2007031,03391.677.29$226,283

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                1,128 Mcf  × $  3.05 =     $3,436

────────────────────────────────────────────────────
Month total                                   $3,436

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/240375 is the state's own key, not one this site invented.