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 241392District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Apr 2008 – May 2026
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
218
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 Gas112008-12-09187622
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
CondensateDisposition128 bbl$8,874
GasProduction530,959 Mcf$2,523,805
Total$2,532,679

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 31.4712, -96.3622. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47123, -96.36220 · 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
13,296 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 13,296 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-29331897613,296 ftJun 2014

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 (218)

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

218 months

May 20260839106.413.05$2,555
Apr 2026083698.932.87$2,399
Mar 2026088189.753.15$2,775
Feb 2026077563.503.75$2,907
Jan 2026084459.138.00$6,750
Dec 2025084456.664.41$3,725
Nov 2025074758.593.93$2,933
Oct 202501,10159.383.30$3,639
Sep 2025081162.743.08$2,495
Aug 2025083163.933.01$2,505
Jul 2025083566.743.32$2,768
Jun 2025058466.483.13$1,827
May 2025079560.553.23$2,570
Apr 2025082462.363.54$2,920
Mar 2025094967.704.27$4,051
Feb 2025093370.884.34$4,050
Jan 2025095474.324.28$4,082
Dec 202401,04668.993.12$3,265
Nov 202401,03969.052.20$2,284
Oct 202401,07171.372.28$2,443
Sep 202401,21969.612.36$2,882
Aug 202401,12475.632.06$2,320
Jul 2024091279.932.15$1,958
Jun 2024087578.082.63$2,305
May 2024093978.812.20$2,064
Apr 2024093784.451.66$1,555
Mar 2024099180.301.55$1,531
Feb 202401,14076.091.78$2,033
Jan 202401,31573.023.30$4,336
Dec 2023095771.262.61$2,498
Nov 202301,00077.892.81$2,808
Oct 202301,05785.443.09$3,263
Sep 202301,08789.042.74$2,973
Aug 202301,29580.522.67$3,461
Jul 202301,44874.852.64$3,825
Jun 2023097368.962.26$2,198
May 202301,18570.622.23$2,639
Apr 2023421,06178.122.24$5,655
Mar 20230072.852.39$0
Feb 202301,08675.112.47$2,678
Jan 202301,18676.533.39$4,018
Dec 202201,40476.415.73$8,044
Nov 202201,33985.005.65$7,560
Oct 2022099287.185.86$5,817
Sep 202201,11184.888.16$9,070
Aug 2022097794.529.13$8,917
Jul 202201,194101.587.54$9,005
Jun 202201,425115.097.98$11,368
May 202201,484109.378.43$12,515
Apr 202201,307104.226.84$8,937
Mar 202201,437108.885.08$7,295
Feb 202201,04191.054.86$5,058
Jan 202201,32781.844.54$6,022
Dec 202101,33071.323.90$5,186
Nov 202101,31077.435.24$6,860
Oct 202101,30379.795.71$7,445
Sep 202101,52969.865.35$8,182
Aug 202101,45166.024.22$6,124
Jul 202101,64270.783.98$6,539
Jun 202101,36069.493.38$4,598
May 202101,55763.483.02$4,699
Apr 202101,36460.362.76$3,762
Mar 202101,41261.302.72$3,836
Feb 202101,12657.805.55$6,247
Jan 202101,43050.412.81$4,019
Dec 202001,58844.642.68$4,249
Nov 202001,61638.772.71$4,374
Oct 202001,45636.972.48$3,609
Sep 202001,38637.091.99$2,760
Aug 202001,84339.982.39$4,396
Jul 202001,52238.371.83$2,778
Jun 202001,65534.901.69$2,797
May 202001,67416.921.81$3,038
Apr 202001,46114.751.80$2,636
Mar 202001,61130.341.86$2,990
Feb 202001,50649.881.98$2,983
Jan 202001,59757.252.09$3,345
Dec 201901,62859.012.30$3,752
Nov 201901,49655.302.75$4,115
Oct 201901,67353.472.42$4,046
Sep 201901,64455.052.66$4,369
Aug 201901,71353.112.30$3,947
Jul 201901,75356.272.46$4,312
Jun 201901,79752.782.49$4,477
May 201901,53758.482.74$4,212
Apr 201901,43262.632.75$3,939
Mar 201901,77956.803.06$5,447
Feb 201901,46250.852.79$4,082
Jan 201901,62246.033.23$5,236
Dec 201801,62146.594.19$6,785
Nov 201801,72952.934.24$7,326
Oct 201801,80661.443.40$6,137
Sep 201801,64959.543.11$5,125
Aug 201801,41159.403.07$4,327
Jul 2018161,46465.142.93$5,335
Jun 201801,57960.183.08$4,858
May 201801,58365.382.90$4,592
Apr 201801,76663.842.90$5,123
Mar 201801,90261.222.79$5,301
Feb 201801,25661.782.77$3,474
Jan 201801,63562.874.01$6,555
Dec 201701,60157.272.92$4,677
Nov 201701,59955.423.12$4,986
Oct 201701,65649.292.98$4,941
Sep 201701,60047.523.09$4,940
Aug 201701,65345.373.00$4,966
Jul 201701,68343.873.09$5,196
Jun 201701,71642.493.09$5,298
May 201741,80045.373.26$6,056
Apr 201701,89147.933.21$6,073
Mar 201701,46646.772.98$4,374
Feb 201701,56650.452.95$4,624
Jan 201701,66949.413.42$5,706
Dec 201601,71648.763.72$6,388
Nov 201601,61142.492.64$4,260
Oct 201601,70546.193.09$5,269
Sep 201601,63041.553.10$5,054
Aug 201601,62541.442.92$4,752
Jul 201601,62241.622.92$4,743
Jun 201601,64245.352.69$4,410
May 201601,84542.521.99$3,673
Apr 201602,10136.561.99$4,183
Mar 201602,25033.011.79$4,037
Feb 201601,46426.472.06$3,021
Jan 201601,63027.352.36$3,854
Dec 201501,78632.362.00$3,575
Nov 201501,45738.792.17$3,158
Oct 201501,95843.552.43$4,751
Sep 201501,89542.992.76$5,227
Aug 201502,08340.162.87$5,983
Jul 201502,04548.152.95$6,023
Jun 201501,08556.152.88$3,128
May 201501,46855.212.96$4,339
Apr 201501,71949.822.71$4,653
Mar 201501,95342.892.93$5,731
Feb 201501,86244.662.98$5,542
Jan 201502,11943.433.10$6,570
Dec 201402,16554.693.59$7,775
Nov 201402,09770.464.25$8,916
Oct 201402,20378.303.90$8,594
Sep 201402,21686.164.05$8,965
Aug 201402,34689.394.04$9,466
Jul 2014152,01596.564.18$9,870
Jun 201402,16798.164.74$10,265
May 201402,39294.734.73$11,306
Apr 201401,75995.944.81$8,459
Mar 201411,65195.895.06$8,445
Feb 201441,91197.406.19$12,223
Jan 201402,03290.404.86$9,877
Dec 201302,45791.824.35$10,699
Nov 201301,78988.853.74$6,688
Oct 201321,86197.423.78$7,228
Sep 201301,865104.113.72$6,934
Aug 201301,923104.253.52$6,774
Jul 201312,608102.523.72$9,798
Jun 201302,48894.403.93$9,786
May 201302,67694.834.15$11,103
Apr 201302,58093.964.28$11,049
Mar 201302,69993.623.91$10,561
Feb 201302,43891.233.42$8,338
Jan 201302,58691.603.42$8,844
Dec 201202,53086.773.42$8,653
Nov 201202,64086.953.62$9,570
Oct 201202,61589.383.40$8,890
Sep 201202,73194.672.92$7,970
Aug 201202,74092.662.91$7,968
Jul 201202,88885.133.02$8,724
Jun 201202,88579.822.52$7,267
May 201203,01491.612.49$7,500
Apr 201202,934101.652.00$5,859
Mar 201203,080105.052.22$6,844
Feb 201202,795101.102.57$7,184
Jan 201202,89198.092.73$7,904
Dec 201103,25296.873.24$10,536
Nov 201103,28095.723.31$10,861
Oct 201103,18084.983.65$11,602
Sep 201103,23483.623.99$12,890
Aug 201103,23483.404.15$13,419
Jul 201102,89294.144.52$13,064
Jun 201103,34592.904.64$15,520
May 201103,52698.134.40$15,531
Apr 201103,490105.964.33$15,123
Mar 201103,56696.364.06$14,468
Feb 201102,54085.644.18$10,617
Jan 201103,79786.504.59$17,424
Dec 201003,99185.734.35$17,352
Nov 201003,93380.843.80$14,927
Oct 201004,42878.103.51$15,537
Sep 201002,94472.633.98$11,716
Aug 201004,24473.684.42$18,756
Jul 201004,16672.554.74$19,732
Jun 201003,48270.364.91$17,098
May 201003,88671.124.24$16,458
Apr 201004,37081.694.12$18,016
Mar 201004,77878.394.39$20,969
Feb 201004,44273.585.44$24,175
Jan 201005,07474.365.96$30,262
Dec 200905,25771.445.48$28,828
Nov 200905,14774.593.75$19,309
Oct 200905,71672.544.11$23,494
Sep 200905,70265.543.06$17,475
Aug 2009216,61667.423.22$22,709
Jul 200905,83661.133.46$20,219
Jun 200905,33766.163.90$20,788
May 200906,25954.743.93$24,571
Apr 200906,33646.773.59$22,730
Mar 200907,06342.144.06$28,669
Feb 2009225,42432.814.63$25,851
Jan 200905,88135.865.37$31,587
Dec 200806,76537.105.98$40,435
Nov 200807,03155.496.86$48,235
Oct 200807,84775.246.92$54,317
Sep 200807,869101.767.88$61,985
Aug 200808,849114.228.48$75,066
Jul 2008010,515131.0811.39$119,760
Jun 2008013,845131.3313.03$180,437
May 2008022,007123.1711.57$254,715
Apr 200808,715110.3110.45$91,114

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                  839 Mcf  × $  3.05 =     $2,555

────────────────────────────────────────────────────
Month total                                   $2,555

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/241392 is the state's own key, not one this site invented.