RICHARDSON UNIT

Name: RICHARDSON UNIT lease production and value, Sep 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LACY OPERATIONS, LTD. (P-5 480882) in the CARTHAGE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13214District 06Field 16032812OilCasinghead gasSave Export

Value, all time

$1.0 M

Sep 1993 – Nov 2006

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

159

no gaps in the span

Streams

oil, casinghead gas

The CARTHAGE (TRAVIS PEAK) field

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 873 leases and 896 wells, and the rule below applies to all of them.

Discovered

1943-06-10

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-10-10.

The Commission's schedule remark for this field reads: “(PETTIT, LOWER).”

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.

Stream	Basis	Volume	Value
Oil	Disposition	37,041 bbl	$690,358
Casinghead gas	Production	144,373 Mcf	$310,301
Total			$1,000,660

77,399 Mcf of this lease's gas, across 40 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.2489, -94.3400. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.24886, -94.33997 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

7,100 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

1100.0%

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.

00.0%

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 7,100 ft.

Completions filed

Apr 2006

1 of 1 wells

1 well


42-36532843	8	7,100 ft	Apr 2006	—	Yes

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 (159)

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

159 months


Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	89	0	66.01	6.42	$5,875
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	169	0	58.34	13.80	$9,859
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	173	114	61.51	9.80	$11,758
Jul 2005	0	339	55.69	7.84	$2,659
Jun 2005	0	520	52.33	7.38	$3,838
May 2005	1	322	45.22	6.65	$2,187
Apr 2005	181	849	49.20	7.36	$15,154
Mar 2005	4	1,107	50.37	7.15	$8,122
Feb 2005	169	506	45.22	6.31	$10,836
Jan 2005	3	724	43.16	6.32	$4,707
Dec 2004	173	573	39.86	6.75	$10,764
Nov 2004	2	1,001	45.28	6.33	$6,427
Oct 2004	170	1,038	49.70	6.52	$15,212
Sep 2004	3	1,325	43.24	5.28	$7,131
Aug 2004	175	1,174	42.37	5.55	$13,931
Jul 2004	4	1,412	38.28	6.08	$8,744
Jun 2004	182	1,102	36.10	6.43	$13,659
May 2004	172	890	37.48	6.49	$12,227
Apr 2004	6	884	34.47	5.86	$5,386
Mar 2004	174	808	34.36	5.53	$10,447
Feb 2004	2	510	32.45	5.51	$2,875
Jan 2004	174	833	32.03	6.30	$10,821
Dec 2003	170	717	30.26	6.30	$9,662
Nov 2003	3	647	28.80	4.60	$3,059
Oct 2003	173	828	28.17	4.76	$8,814
Sep 2003	1	526	26.31	4.75	$2,524
Aug 2003	180	948	29.76	5.13	$10,220
Jul 2003	1	982	29.41	5.17	$5,107
Jun 2003	170	1,054	28.56	5.98	$11,161
May 2003	0	1,171	26.59	5.97	$6,994
Apr 2003	171	1,191	26.67	5.41	$11,001
Mar 2003	182	1,001	31.14	6.10	$11,770
Feb 2003	2	878	33.48	7.93	$7,026
Jan 2003	167	1,158	30.31	5.58	$11,526
Dec 2002	1	1,112	26.91	4.85	$5,424
Nov 2002	170	1,000	24.66	4.14	$8,329
Oct 2002	178	1,292	26.46	4.23	$10,174
Sep 2002	0	1,099	27.44	3.64	$3,995
Aug 2002	178	1,089	25.96	3.16	$8,067
Jul 2002	0	1,136	24.58	3.06	$3,478
Jun 2002	186	1,190	23.73	3.34	$8,386
May 2002	178	984	24.66	3.58	$7,916
Apr 2002	4	1,116	23.65	3.51	$4,014
Mar 2002	176	1,087	22.00	3.10	$7,245
Feb 2002	0	1,251	18.22	2.38	$2,972
Jan 2002	179	1,744	17.17	2.38	$7,217
Dec 2001	178	1,637	16.93	2.36	$6,884
Nov 2001	1	1,318	18.07	2.41	$3,189
Oct 2001	183	1,563	19.78	2.53	$7,572
Sep 2001	183	1,284	24.26	2.25	$7,330
Aug 2001	170	1,263	24.87	3.05	$8,084
Jul 2001	176	1,227	23.93	3.20	$8,135
Jun 2001	1	1,306	24.56	3.82	$5,019
May 2001	347	1,360	25.52	4.31	$14,713
Apr 2001	179	1,494	24.68	5.34	$12,389
Mar 2001	187	1,536	24.54	5.38	$12,847
Feb 2001	169	1,278	27.75	5.77	$12,060
Jan 2001	369	1,751	27.47	8.40	$24,843
Dec 2000	1	757	26.88	9.12	$6,933
Nov 2000	0	13	32.21	5.66	$74
Oct 2000	176	0	31.23	5.15	$5,496
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	3	0	19.26	2.88	$58
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	1	0	12.59	2.08	$13
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	21	14.70	2.15	$45
Dec 1997	0	71	16.32	2.41	$171
Nov 1997	0	263	18.19	3.09	$812
Oct 1997	185	753	19.25	3.15	$5,933
Sep 1997	0	187	17.74	2.95	$553
Aug 1997	186	669	17.86	2.55	$5,031
Jul 1997	0	741	17.58	2.25	$1,665
Jun 1997	183	570	17.24	2.26	$4,442
May 1997	185	829	18.97	2.31	$5,423
Apr 1997	0	963	17.88	2.08	$2,006
Mar 1997	181	920	18.95	1.94	$5,214
Feb 1997	185	817	20.49	2.21	$5,593
Jan 1997	183	1,151	23.48	3.54	$8,371
Dec 1996	186	1,384	23.32	—	$4,338
Nov 1996	181	1,331	21.97	—	$3,977
Oct 1996	184	1,405	23.31	—	$4,289
Sep 1996	363	1,401	22.22	—	$8,066
Aug 1996	181	1,706	20.26	—	$3,667
Jul 1996	366	1,752	19.55	—	$7,155
Jun 1996	177	1,708	18.73	—	$3,315
May 1996	356	2,039	19.43	—	$6,917
Apr 1996	727	1,084	21.51	—	$15,638
Mar 1996	179	786	19.38	—	$3,469
Feb 1996	187	483	16.98	—	$3,175
Jan 1996	177	1,027	17.07	—	$3,021
Dec 1995	183	1,272	17.19	—	$3,146
Nov 1995	360	1,754	16.00	—	$5,760
Oct 1995	544	1,775	15.43	—	$8,394
Sep 1995	547	2,343	16.18	—	$8,850
Aug 1995	361	2,815	15.92	—	$5,747
Jul 1995	717	2,516	15.24	—	$10,927
Jun 1995	364	1,717	16.41	—	$5,973
May 1995	550	1,811	17.56	—	$9,658
Apr 1995	530	1,843	17.73	—	$9,397
Mar 1995	557	1,526	16.44	—	$9,157
Feb 1995	366	1,206	16.58	—	$6,068
Jan 1995	549	1,067	15.92	—	$8,740
Dec 1994	369	873	15.03	—	$5,546
Nov 1994	550	1,033	15.90	—	$8,745
Oct 1994	550	1,291	15.58	—	$8,569
Sep 1994	732	1,852	15.29	—	$11,192
Aug 1994	1,080	2,685	16.13	—	$17,420
Jul 1994	1,274	2,810	17.56	—	$22,371
Jun 1994	1,442	2,578	17.09	—	$24,644
May 1994	1,274	3,305	15.88	—	$20,231
Apr 1994	1,475	3,104	14.14	—	$20,857
Mar 1994	1,623	3,569	12.46	—	$20,223
Feb 1994	1,465	2,946	12.50	—	$18,313
Jan 1994	1,850	3,636	12.66	—	$23,421
Dec 1993	1,817	2,888	12.33	—	$22,404
Nov 1993	2,594	4,175	14.49	—	$37,587
Oct 1993	1,764	2,386	15.85	—	$27,959
Sep 1993	182	517	15.03	—	$2,735

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 2006 — as filed, then multipliedworked

Oil                   89 bbl  × $ 66.01 =     $5,875
Casinghead gas         0 Mcf  × $  6.42 =         $0

────────────────────────────────────────────────────
Month total                                   $5,875

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/O/13214 is the state's own key, not one this site invented.