RICHARDSON

Name: RICHARDSON lease production and value, Jul 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WISE PRODUCTION COMPANY (P-5 933825) in the MONTAGUE (CONGL. #3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29196District 09Field 62522250OilCasinghead gasSave Export

Value, all time

$523 k

Jul 1996 – Apr 2008

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

142

no gaps in the span

Streams

oil, casinghead gas

The MONTAGUE (CONGL. #3) 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 3 leases and 4 wells, and the rule below applies to all of them.

Discovered

1976-07-10

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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	22,402 bbl	$459,817
Casinghead gas	Production	22,919 Mcf	$62,701
Total			$522,518

1,529 Mcf of this lease's gas, across 5 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 (2)

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 33.5645, -97.7411. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.56451, -97.74113 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

6,172 ft

2 wells filed one

Completion to plug

10.4 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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

Between 6,143 and 6,200 ft, median 6,172 ft, over the 2 wells that filed a depth.

Completions filed

Jul 1996 – Oct 1998

2 of 2 wells

Plug dates filed

Jan 2008 – Feb 2008

2 of 2 wells

Last completion to plug: a median of 10.4 years across the 2 wells that filed both dates, with the middle half between 9.9 years and 11.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-33732967	2	6,200 ft	Oct 1998	Feb 2008	Yes
42-33732968	1	6,143 ft	Jul 1996	Jan 2008	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 (142)

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

142 months


Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	37	0	92.53	8.77	$3,424
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	297	0	60.08	5.04	$17,844
Aug 2006	0	1	68.71	7.34	$7
Jul 2006	0	1	69.37	6.34	$6
Jun 2006	0	1	66.28	6.38	$6
May 2006	0	1	66.01	6.42	$6
Apr 2006	0	1	64.39	7.36	$7
Mar 2006	0	1	56.70	7.08	$7
Feb 2006	0	1	57.59	7.75	$8
Jan 2006	0	1	60.59	8.93	$9
Dec 2005	0	1	54.94	13.42	$13
Nov 2005	0	1	54.69	10.59	$11
Oct 2005	135	1	58.34	13.80	$7,890
Sep 2005	0	1	61.45	12.08	$12
Aug 2005	0	1	61.51	9.80	$10
Jul 2005	0	1	55.69	7.84	$8
Jun 2005	0	1	52.33	7.38	$7
May 2005	0	1	45.22	6.65	$7
Apr 2005	0	1	49.20	7.36	$7
Mar 2005	0	1	50.37	7.15	$7
Feb 2005	0	1	45.22	6.31	$6
Jan 2005	0	1	43.16	6.32	$6
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	178	1	49.70	6.52	$8,853
Sep 2004	0	1	43.24	5.28	$5
Aug 2004	175	1	42.37	5.55	$7,420
Jul 2004	0	1	38.28	6.08	$6
Jun 2004	174	1	36.10	6.43	$6,288
May 2004	0	1	37.48	6.49	$6
Apr 2004	174	1	34.47	5.86	$6,004
Mar 2004	0	1	34.36	5.53	$6
Feb 2004	181	1	32.45	5.51	$5,879
Jan 2004	0	1	32.03	6.30	$6
Dec 2003	0	1	30.26	6.30	$6
Nov 2003	0	1	28.80	4.60	$5
Oct 2003	173	1	28.17	4.76	$4,878
Sep 2003	0	1	26.31	4.75	$5
Aug 2003	0	1	29.76	5.13	$5
Jul 2003	0	1	29.41	5.17	$5
Jun 2003	178	25	28.56	5.98	$5,233
May 2003	0	74	26.59	5.97	$442
Apr 2003	172	65	26.67	5.41	$4,939
Mar 2003	174	34	31.14	6.10	$5,626
Feb 2003	173	23	33.48	7.93	$5,974
Jan 2003	0	1	30.31	5.58	$6
Dec 2002	0	1	26.91	4.85	$5
Nov 2002	175	98	24.66	4.14	$4,721
Oct 2002	169	122	26.46	4.23	$4,988
Sep 2002	180	95	27.44	3.64	$5,285
Aug 2002	175	116	25.96	3.16	$4,910
Jul 2002	176	134	24.58	3.06	$4,736
Jun 2002	0	116	23.73	3.34	$387
May 2002	168	106	24.66	3.58	$4,523
Apr 2002	170	96	23.65	3.51	$4,358
Mar 2002	173	91	22.00	3.10	$4,088
Feb 2002	172	13	18.22	2.38	$3,165
Jan 2002	347	13	17.17	2.38	$5,989
Dec 2001	0	17	16.93	2.36	$40
Nov 2001	175	16	18.07	2.41	$3,201
Oct 2001	175	40	19.78	2.53	$3,563
Sep 2001	173	21	24.26	2.25	$4,244
Aug 2001	175	43	24.87	3.05	$4,484
Jul 2001	0	19	23.93	3.20	$61
Jun 2001	175	16	24.56	3.82	$4,359
May 2001	334	18	25.52	4.31	$8,601
Apr 2001	0	34	24.68	5.34	$181
Mar 2001	167	33	24.54	5.38	$4,276
Feb 2001	173	222	27.75	5.77	$6,081
Jan 2001	183	43	27.47	8.40	$5,388
Dec 2000	176	196	26.88	9.12	$6,519
Nov 2000	175	286	32.21	5.66	$7,255
Oct 2000	0	241	31.23	5.15	$1,240
Sep 2000	176	285	31.87	5.19	$7,087
Aug 2000	170	281	29.64	4.54	$6,315
Jul 2000	170	242	28.53	4.09	$5,840
Jun 2000	173	407	29.30	4.40	$6,859
May 2000	497	577	27.26	3.68	$15,671
Apr 2000	0	450	24.51	3.12	$1,402
Mar 2000	181	350	28.42	2.86	$6,145
Feb 2000	183	576	27.62	2.73	$6,625
Jan 2000	180	716	25.27	2.48	$6,325
Dec 1999	355	562	24.28	2.42	$9,982
Nov 1999	182	1,119	23.19	2.43	$6,944
Oct 1999	347	1,171	20.98	2.80	$10,563
Sep 1999	178	1,533	21.75	2.62	$7,886
Aug 1999	338	1,744	19.26	2.88	$11,525
Jul 1999	177	397	17.89	2.37	$4,108
Jun 1999	342	670	15.94	2.36	$7,034
May 1999	504	528	15.79	2.32	$9,184
Apr 1999	543	206	15.10	2.21	$8,654
Mar 1999	550	221	12.47	1.84	$7,265
Feb 1999	921	224	9.98	1.82	$9,599
Jan 1999	550	150	10.38	1.90	$5,994
Dec 1998	1,073	686	9.20	1.77	$11,088
Nov 1998	1,110	477	10.89	2.19	$13,130
Oct 1998	518	439	12.42	1.97	$7,298
Sep 1998	347	57	12.59	2.08	$4,487
Aug 1998	365	107	11.30	1.91	$4,329
Jul 1998	0	58	11.74	2.24	$130
Jun 1998	313	101	11.24	2.24	$3,744
May 1998	162	228	12.62	2.21	$2,547
Apr 1998	163	298	13.04	2.51	$2,872
Mar 1998	346	393	12.80	2.31	$5,336
Feb 1998	194	222	13.95	2.30	$3,217
Jan 1998	165	322	14.70	2.15	$3,119
Dec 1997	164	355	16.32	2.41	$3,532
Nov 1997	206	271	18.19	3.09	$4,584
Oct 1997	363	283	19.25	3.15	$7,879
Sep 1997	163	289	17.74	2.95	$3,746
Aug 1997	323	355	17.86	2.55	$6,676
Jul 1997	161	180	17.58	2.25	$3,235
Jun 1997	347	123	17.24	2.26	$6,260
May 1997	162	225	18.97	2.31	$3,593
Apr 1997	160	219	17.88	2.08	$3,317
Mar 1997	324	158	18.95	1.94	$6,446
Feb 1997	315	307	20.49	2.21	$7,132
Jan 1997	199	324	23.48	3.54	$5,819
Dec 1996	417	311	23.32	—	$9,724
Nov 1996	330	325	21.97	—	$7,250
Oct 1996	329	213	23.31	—	$7,669
Sep 1996	273	312	22.22	—	$6,066
Aug 1996	325	368	20.26	—	$6,585
Jul 1996	161	0	19.55	—	$3,148

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.

Feb 2008 — as filed, then multipliedworked

Oil                   37 bbl  × $ 92.53 =     $3,424
Casinghead gas         0 Mcf  × $  8.77 =         $0

────────────────────────────────────────────────────
Month total                                   $3,424

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. 09/O/29196 is the state's own key, not one this site invented.