RICHARDSON UNIT 1

Operated by R. LACY SERVICES, LTD. (P-5 687208) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 263824District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Jan 2012 – May 2026
Value, last 12 filed months
$128 k
at the published price for each month
Months reported
173
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112012-08-31205683
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
CondensateDisposition17,179 bbl$1,371,041
GasProduction1,162,395 Mcf$3,826,340
Total$5,197,381

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 32.2385, -94.3510. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23853, -94.35100 · 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
9,770 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 9,770 ft.

Completions filed
Jan 2012
1 of 1 wells

1 well

42-36537557159,770 ftJan 2012

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 (173)

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

173 months

May 2026183,004106.413.05$11,065
Apr 2026172,31798.932.87$8,331
Mar 2026162,35889.753.15$8,862
Feb 2026142,05963.503.75$8,611
Jan 2026142,05959.138.00$17,296
Dec 2025132,04456.664.41$9,757
Nov 2025112,08958.593.93$8,847
Oct 202503,01359.383.30$9,957
Sep 202513,22462.743.08$9,983
Aug 202593,21363.933.01$10,262
Jul 2025273,29566.743.32$12,726
Jun 2025263,33966.483.13$12,175
May 2025323,44760.553.23$13,079
Apr 2025282,98062.363.54$12,305
Mar 2025373,22467.704.27$16,266
Feb 2025322,92670.884.34$14,969
Jan 2025303,01074.324.28$15,108
Dec 2024313,18768.993.12$12,087
Nov 2024273,46869.052.20$9,489
Oct 2024263,41971.372.28$9,656
Sep 2024243,31569.612.36$9,508
Aug 2024233,42875.632.06$8,814
Jul 2024273,31879.932.15$9,281
Jun 2024232,89578.082.63$9,421
May 2024333,23178.812.20$9,704
Apr 2024302,95684.451.66$7,438
Mar 2024543,20280.301.55$9,284
Feb 2024462,39876.091.78$7,777
Jan 2024422,57173.023.30$11,545
Dec 2023122,82371.262.61$8,225
Nov 2023162,93277.892.81$9,478
Oct 2023153,42185.443.09$11,843
Sep 2023152,95489.042.74$9,415
Aug 2023133,08580.522.67$9,293
Jul 202392,53074.852.64$7,357
Jun 2023102,53668.962.26$6,417
May 2023132,65170.622.23$6,823
Apr 2023142,55878.122.24$6,818
Mar 2023163,05472.852.39$8,474
Feb 2023162,96875.112.47$8,520
Jan 2023163,09976.533.39$11,723
Dec 2022153,19676.415.73$19,456
Nov 2022173,19885.005.65$19,502
Oct 2022143,53287.185.86$21,931
Sep 2022103,49284.888.16$29,356
Aug 2022114,07094.529.13$38,187
Jul 2022183,561101.587.54$28,686
Jun 2022204,799115.097.98$40,584
May 202204,735109.378.43$39,930
Apr 2022355,085104.226.84$38,417
Mar 2022274,870108.885.08$27,662
Feb 202203,48891.054.86$16,948
Jan 2022284,74181.844.54$23,805
Dec 2021193,99871.323.90$16,944
Nov 2021135,03977.435.24$27,395
Oct 202105,20479.795.71$29,735
Sep 2021125,26969.865.35$29,032
Aug 2021114,11666.024.22$18,098
Jul 202104,40670.783.98$17,545
Jun 2021124,44769.493.38$15,868
May 2021194,63563.483.02$15,193
Apr 2021524,61160.362.76$15,858
Mar 2021544,60061.302.72$15,808
Feb 202103,55957.805.55$19,745
Jan 2021575,32550.412.81$17,838
Dec 2020585,04344.642.68$16,081
Nov 2020555,17438.772.71$16,136
Oct 2020605,25636.972.48$15,245
Sep 202005,38737.091.99$10,726
Aug 2020545,06739.982.39$14,244
Jul 2020555,07238.371.83$11,367
Jun 2020565,59634.901.69$11,413
May 2020575,67416.921.81$11,261
Apr 2020455,01314.751.80$9,709
Mar 2020454,90130.341.86$10,463
Feb 2020455,45149.881.98$13,041
Jan 2020424,07457.252.09$10,938
Dec 2019654,40959.012.30$13,996
Nov 201904,63655.302.75$12,752
Oct 2019985,04953.472.42$17,451
Sep 2019934,86755.052.66$18,053
Aug 2019975,46653.112.30$17,747
Jul 2019974,89656.272.46$17,503
Jun 2019955,45052.782.49$18,591
May 20191025,88958.482.74$22,103
Apr 2019835,93962.632.75$21,535
Mar 2019776,02556.803.06$22,823
Feb 2019765,43250.852.79$19,032
Jan 2019776,44146.033.23$24,337
Dec 2018786,54946.594.19$31,044
Nov 2018796,31452.934.24$30,935
Oct 20181386,68461.443.40$31,191
Sep 201805,02459.543.11$15,615
Aug 2018784,64959.403.07$18,890
Jul 201804,61665.142.93$13,534
Jun 2018285,56360.183.08$18,802
May 2018585,65565.382.90$20,196
Apr 201804,86763.842.90$14,118
Mar 2018365,72761.222.79$18,164
Feb 2018535,22661.782.77$17,730
Jan 20181737,53662.874.01$41,091
Dec 2017764,54557.272.92$17,631
Nov 20171067,37255.423.12$28,863
Oct 201718,04549.292.98$24,053
Sep 2017847,77647.523.09$27,998
Aug 20171027,87045.373.00$28,272
Jul 2017948,03143.873.09$28,918
Jun 201706,39442.493.09$19,740
May 2017937,29145.373.26$28,013
Apr 2017867,20247.933.21$27,252
Mar 20171738,43046.772.98$33,244
Feb 2017297,51250.452.95$23,643
Jan 2017318,02949.413.42$28,981
Dec 2016317,92348.763.72$31,008
Nov 20161157,98342.492.64$25,996
Oct 201617,86746.193.09$24,357
Sep 2016517,43041.553.10$25,157
Aug 2016397,82841.442.92$24,508
Jul 2016357,68641.622.92$23,933
Jun 2016377,57845.352.69$22,031
May 2016358,29142.521.99$17,996
Apr 2016867,96836.561.99$19,009
Mar 2016457,61633.011.79$15,149
Feb 20161217,14026.472.06$17,937
Jan 2016857,88527.352.36$20,968
Dec 2015927,32332.362.00$17,633
Nov 2015647,52638.792.17$18,794
Oct 2015466,94243.552.43$18,849
Sep 2015887,98642.992.76$25,812
Aug 2015497,73340.162.87$24,181
Jul 2015488,80748.152.95$28,249
Jun 20151059,21756.152.88$32,467
May 20154610,18355.212.96$32,635
Apr 20151099,27049.822.71$30,520
Mar 20151168,63242.892.93$30,308
Feb 2015568,40644.662.98$27,519
Jan 20151109,06243.433.10$32,875
Dec 20145710,52354.693.59$40,909
Nov 20141429,71570.464.25$51,312
Oct 20149110,54278.303.90$48,249
Sep 201417810,41686.164.05$57,474
Aug 20149510,62789.394.04$51,373
Jul 201419410,65396.564.18$63,258
Jun 20142119,82498.164.74$67,247
May 20141929,33794.734.73$62,320
Apr 20142089,46495.944.81$65,469
Mar 201411110,35295.895.06$62,992
Feb 20142437,99997.406.19$73,198
Jan 20142568,84490.404.86$66,131
Dec 20133959,41591.824.35$77,266
Nov 20132368,85188.853.74$54,056
Oct 20132119,39697.423.78$56,066
Sep 20131079,956104.113.72$48,154
Aug 201338610,132104.253.52$75,932
Jul 20132699,547102.523.72$63,071
Jun 201324310,32094.403.93$63,532
May 201326311,21494.834.15$71,468
Apr 201329010,80293.964.28$73,509
Mar 201345511,89693.623.91$89,145
Feb 201337211,06091.233.42$71,762
Jan 201319512,61591.603.42$61,004
Dec 201235613,77986.773.42$78,017
Nov 201247915,47286.953.62$97,734
Oct 20123038,43789.383.40$55,765
Sep 201231514,95294.672.92$73,457
Aug 201246816,90392.662.91$92,522
Jul 201231718,19485.133.02$81,947
Jun 201246318,71979.822.52$84,111
May 201244321,56491.612.49$94,241
Apr 201261826,338101.652.00$115,411
Mar 201278026,142105.052.22$140,029
Feb 20121,17937,423101.102.57$215,383
Jan 20120098.092.73$0

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            18 bbl  × $106.41 =     $1,915
Gas                3,004 Mcf  × $  3.05 =     $9,150

────────────────────────────────────────────────────
Month total                                  $11,065

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. 06/G/263824 is the state's own key, not one this site invented.