RICKARD GAS UNIT

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

Gas lease lease 287589District 05Field 32950500GasSaveExport
Value, all time
$400 k
Aug 2019 – May 2026
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
82
no gaps in the span
Streams
1
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 151 leases and 151 wells, and the rule below applies to all of them.

Discovered
1976-01-07
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2006-02-28.

The Commission's schedule remark for this field reads: VARIOUS WELLS INTO THIS FIELD.

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
GasProduction124,224 Mcf$399,952
Total$399,952

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 31.4695, -96.3550. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46953, -96.35497 · 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
13,130 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 13,130 ft.

Completions filed
Aug 2019
1 of 1 wells

1 well

42-293320251013,130 ftAug 2019

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 (82)

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

82 months

May 2026574106.413.05$1,748
Apr 202652098.932.87$1,492
Mar 20261,07889.753.15$3,395
Feb 202677263.503.75$2,895
Jan 20261,16059.138.00$9,278
Dec 20251,16056.664.41$5,120
Nov 20251,20558.593.93$4,731
Oct 20251,27559.383.30$4,214
Sep 20251,56262.743.08$4,806
Aug 202592463.933.01$2,786
Jul 20257566.743.32$249
Jun 202527566.483.13$860
May 202536960.553.23$1,193
Apr 202535062.363.54$1,240
Mar 202553567.704.27$2,284
Feb 202566670.884.34$2,891
Jan 20251,02474.324.28$4,381
Dec 202423968.993.12$746
Nov 202415569.052.20$341
Oct 20245671.372.28$128
Sep 20243569.612.36$83
Aug 202413575.632.06$279
Jul 202452479.932.15$1,125
Jun 202448278.082.63$1,270
May 202460878.812.20$1,337
Apr 202473984.451.66$1,226
Mar 202480480.301.55$1,242
Feb 202474676.091.78$1,331
Jan 202490473.023.30$2,981
Dec 202390371.262.61$2,357
Nov 20231,22977.892.81$3,450
Oct 20231,01585.443.09$3,134
Sep 20231,05289.042.74$2,877
Aug 20231,12080.522.67$2,994
Jul 20231,02674.852.64$2,710
Jun 202355768.962.26$1,258
May 202394470.622.23$2,103
Apr 20231,15178.122.24$2,576
Mar 2023072.852.39$0
Feb 202349975.112.47$1,230
Jan 202374476.533.39$2,520
Dec 202270776.415.73$4,050
Nov 20221,16485.005.65$6,572
Oct 20221,17187.185.86$6,866
Sep 20221,25784.888.16$10,262
Aug 20221,22294.529.13$11,153
Jul 2022846101.587.54$6,381
Jun 2022871115.097.98$6,948
May 20221,222109.378.43$10,305
Apr 20221,312104.226.84$8,971
Mar 20221,509108.885.08$7,660
Feb 20221,37391.054.86$6,671
Jan 20221,56881.844.54$7,115
Dec 20211,58471.323.90$6,176
Nov 20211,94077.435.24$10,159
Oct 20212,03479.795.71$11,622
Sep 202141569.865.35$2,221
Aug 20211,14266.024.22$4,820
Jul 20211,30770.783.98$5,205
Jun 20211,44569.493.38$4,885
May 20211,88363.483.02$5,682
Apr 20211,88960.362.76$5,211
Mar 20212,06561.302.72$5,610
Feb 20211,46757.805.55$8,139
Jan 20212,25950.412.81$6,348
Dec 20202,12344.642.68$5,680
Nov 20202,31238.772.71$6,258
Oct 20202,35136.972.48$5,827
Sep 20202,42437.091.99$4,826
Aug 20202,66639.982.39$6,359
Jul 20202,89038.371.83$5,275
Jun 20202,82934.901.69$4,782
May 20203,13316.921.81$5,686
Apr 20203,35614.751.80$6,056
Mar 20203,68930.341.86$6,848
Feb 20204,26249.881.98$8,442
Jan 20205,23957.252.09$10,974
Dec 20194,03859.012.30$9,305
Nov 20194,72555.302.75$12,997
Oct 20197,25853.472.42$17,554
Sep 20197,25055.052.66$19,265
Aug 201983653.112.30$1,926

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
Gas                  574 Mcf  × $  3.05 =     $1,748

────────────────────────────────────────────────────
Month total                                   $1,748

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/287589 is the state's own key, not one this site invented.