ROBERT RICHARDS UNIT NO 3

Name: ROBERT RICHARDS UNIT NO 3 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KADANE CORPORATION (P-5 450038) in the PALO PINTO CO. REG. (GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 126205District 7BField 68707333CondensateGasSave Export

Value, all time

$1.0 M

Jan 1993 – Aug 2015

Value, last 12 filed months

$13 k

at the published price for each month

Months reported

272

no gaps in the span

Streams

condensate, gas

The PALO PINTO CO. REG. (GAS) 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 710 leases and 710 wells, and the rule below applies to all of them.

Discovered

1957-10-15

as the register files it

Field class

Gas

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
Condensate	Disposition	579 bbl	$13,632
Gas	Production	323,553 Mcf	$1,001,659
Total			$1,015,292

92,470 Mcf of this lease's gas, across 48 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 32.5532, -98.2450. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.55321, -98.24502 · 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

100.0%

1 of 1 wells

Median depth

4,010 ft

1 wells filed one

Completion to plug

27.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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 4,010 ft.

Completions filed

Jan 1988

1 of 1 wells

Plug dates filed

Apr 2015

1 of 1 wells

Last completion to plug: a median of 27.3 years across the 1 well that filed both dates, with the middle half between 27.3 years and 27.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36333875	4	4,010 ft	Jan 1988	Apr 2015	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 (272)

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

272 months


Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	48	0	56.15	2.88	$2,695
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	437	42.89	2.93	$1,282
Feb 2015	0	391	44.66	2.98	$1,164
Jan 2015	0	432	43.43	3.10	$1,339
Dec 2014	0	395	54.69	3.59	$1,419
Nov 2014	0	378	70.46	4.25	$1,607
Oct 2014	0	441	78.30	3.90	$1,720
Sep 2014	0	406	86.16	4.05	$1,642
Aug 2014	0	374	89.39	4.04	$1,509
Jul 2014	0	446	96.56	4.18	$1,864
Jun 2014	0	473	98.16	4.74	$2,241
May 2014	0	361	94.73	4.73	$1,706
Apr 2014	0	471	95.94	4.81	$2,265
Mar 2014	0	314	95.89	5.06	$1,588
Feb 2014	0	316	97.40	6.19	$1,957
Jan 2014	0	265	90.40	4.86	$1,288
Dec 2013	0	413	91.82	4.35	$1,798
Nov 2013	0	452	88.85	3.74	$1,690
Oct 2013	0	518	97.42	3.78	$1,958
Sep 2013	0	494	104.11	3.72	$1,837
Aug 2013	0	594	104.25	3.52	$2,092
Jul 2013	0	496	102.52	3.72	$1,844
Jun 2013	0	469	94.40	3.93	$1,845
May 2013	0	457	94.83	4.15	$1,896
Apr 2013	0	455	93.96	4.28	$1,949
Mar 2013	0	431	93.62	3.91	$1,686
Feb 2013	0	355	91.23	3.42	$1,214
Jan 2013	0	360	91.60	3.42	$1,231
Dec 2012	0	390	86.77	3.42	$1,334
Nov 2012	0	568	86.95	3.62	$2,059
Oct 2012	0	426	89.38	3.40	$1,448
Sep 2012	0	371	94.67	2.92	$1,083
Aug 2012	0	451	92.66	2.91	$1,312
Jul 2012	0	396	85.13	3.02	$1,196
Jun 2012	0	236	79.82	2.52	$594
May 2012	0	203	91.61	2.49	$505
Apr 2012	0	262	101.65	2.00	$523
Mar 2012	0	470	105.05	2.22	$1,044
Feb 2012	0	349	101.10	2.57	$897
Jan 2012	0	349	98.09	2.73	$954
Dec 2011	0	436	96.87	3.24	$1,413
Nov 2011	0	496	95.72	3.31	$1,642
Oct 2011	0	494	84.98	3.65	$1,802
Sep 2011	0	482	83.62	3.99	$1,921
Aug 2011	0	468	83.40	4.15	$1,942
Jul 2011	0	482	94.14	4.52	$2,177
Jun 2011	0	545	92.90	4.64	$2,529
May 2011	0	549	98.13	4.40	$2,418
Apr 2011	0	528	105.96	4.33	$2,288
Mar 2011	0	462	96.36	4.06	$1,874
Feb 2011	0	454	85.64	4.18	$1,898
Jan 2011	0	493	86.50	4.59	$2,262
Dec 2010	0	508	85.73	4.35	$2,209
Nov 2010	0	389	80.84	3.80	$1,476
Oct 2010	0	675	78.10	3.51	$2,369
Sep 2010	0	711	72.63	3.98	$2,829
Aug 2010	0	384	73.68	4.42	$1,697
Jul 2010	0	255	72.55	4.74	$1,208
Jun 2010	0	427	70.36	4.91	$2,097
May 2010	0	441	71.12	4.24	$1,868
Apr 2010	0	517	81.69	4.12	$2,131
Mar 2010	0	575	78.39	4.39	$2,523
Feb 2010	0	822	73.58	5.44	$4,474
Jan 2010	0	601	74.36	5.96	$3,584
Dec 2009	0	671	71.44	5.48	$3,680
Nov 2009	0	529	74.59	3.75	$1,985
Oct 2009	0	592	72.54	4.11	$2,433
Sep 2009	0	335	65.54	3.06	$1,027
Aug 2009	0	338	67.42	3.22	$1,088
Jul 2009	0	373	61.13	3.46	$1,292
Jun 2009	0	524	66.16	3.90	$2,041
May 2009	0	926	54.74	3.93	$3,635
Apr 2009	0	667	46.77	3.59	$2,393
Mar 2009	0	60	42.14	4.06	$244
Feb 2009	0	793	32.81	4.63	$3,674
Jan 2009	0	960	35.86	5.37	$5,156
Dec 2008	0	780	37.10	5.98	$4,662
Nov 2008	0	1,016	55.49	6.86	$6,970
Oct 2008	0	429	75.24	6.92	$2,970
Sep 2008	0	594	101.76	7.88	$4,679
Aug 2008	0	407	114.22	8.48	$3,453
Jul 2008	0	391	131.08	11.39	$4,453
Jun 2008	0	322	131.33	13.03	$4,197
May 2008	0	453	123.17	11.57	$5,243
Apr 2008	0	630	110.31	10.45	$6,587
Mar 2008	0	790	101.90	9.66	$7,635
Feb 2008	0	616	92.53	8.77	$5,403
Jan 2008	0	846	90.38	8.21	$6,942
Dec 2007	0	1,192	88.33	7.30	$8,704
Nov 2007	0	599	91.67	7.29	$4,368
Oct 2007	0	549	82.85	6.92	$3,800
Sep 2007	0	231	75.84	6.24	$1,442
Aug 2007	0	754	69.06	6.39	$4,817
Jul 2007	0	960	70.90	6.39	$6,132
Jun 2007	0	364	62.00	7.55	$2,748
May 2007	0	920	58.74	7.85	$7,219
Apr 2007	0	835	59.61	7.81	$6,517
Mar 2007	0	872	56.92	7.30	$6,367
Feb 2007	0	586	55.10	8.22	$4,815
Jan 2007	0	875	50.30	6.73	$5,886
Dec 2006	0	817	56.65	6.92	$5,652
Nov 2006	0	969	54.20	7.62	$7,381
Oct 2006	0	452	54.90	6.01	$2,718
Sep 2006	0	979	60.08	5.04	$4,931
Aug 2006	0	1,018	68.71	7.34	$7,472
Jul 2006	0	943	69.37	6.34	$5,981
Jun 2006	0	774	66.28	6.38	$4,941
May 2006	0	956	66.01	6.42	$6,142
Apr 2006	0	1,225	64.39	7.36	$9,017
Mar 2006	0	1,433	56.70	7.08	$10,150
Feb 2006	0	1,555	57.59	7.75	$12,053
Jan 2006	0	1,078	60.59	8.93	$9,630
Dec 2005	0	881	54.94	13.42	$11,819
Nov 2005	0	808	54.69	10.59	$8,555
Oct 2005	0	875	58.34	13.80	$12,071
Sep 2005	0	748	61.45	12.08	$9,035
Aug 2005	0	766	61.51	9.80	$7,504
Jul 2005	0	745	55.69	7.84	$5,844
Jun 2005	0	1,046	52.33	7.38	$7,721
May 2005	0	978	45.22	6.65	$6,505
Apr 2005	0	1,005	49.20	7.36	$7,397
Mar 2005	0	906	50.37	7.15	$6,482
Feb 2005	0	402	45.22	6.31	$2,537
Jan 2005	0	826	43.16	6.32	$5,222
Dec 2004	0	844	39.86	6.75	$5,698
Nov 2004	0	1,017	45.28	6.33	$6,438
Oct 2004	0	1,616	49.70	6.52	$10,528
Sep 2004	0	825	43.24	5.28	$4,359
Aug 2004	0	1,083	42.37	5.55	$6,011
Jul 2004	0	1,233	38.28	6.08	$7,502
Jun 2004	0	1,215	36.10	6.43	$7,816
May 2004	0	1,100	37.48	6.49	$7,144
Apr 2004	0	1,372	34.47	5.86	$8,038
Mar 2004	0	1,255	34.36	5.53	$6,940
Feb 2004	0	782	32.45	5.51	$4,309
Jan 2004	0	1,176	32.03	6.30	$7,408
Dec 2003	0	1,208	30.26	6.30	$7,612
Nov 2003	0	1,237	28.80	4.60	$5,684
Oct 2003	0	1,157	28.17	4.76	$5,507
Sep 2003	0	1,324	26.31	4.75	$6,288
Aug 2003	0	1,321	29.76	5.13	$6,776
Jul 2003	0	1,355	29.41	5.17	$7,006
Jun 2003	0	1,280	28.56	5.98	$7,658
May 2003	0	1,372	26.59	5.97	$8,195
Apr 2003	0	1,570	26.67	5.41	$8,489
Mar 2003	172	1,483	31.14	6.10	$14,397
Feb 2003	0	932	33.48	7.93	$7,387
Jan 2003	0	1,144	30.31	5.58	$6,386
Dec 2002	0	1,054	26.91	4.85	$5,116
Nov 2002	0	1,286	24.66	4.14	$5,320
Oct 2002	0	1,204	26.46	4.23	$5,092
Sep 2002	0	1,245	27.44	3.64	$4,526
Aug 2002	0	1,242	25.96	3.16	$3,930
Jul 2002	0	1,306	24.58	3.06	$3,999
Jun 2002	0	1,268	23.73	3.34	$4,233
May 2002	0	1,320	24.66	3.58	$4,731
Apr 2002	0	1,359	23.65	3.51	$4,773
Mar 2002	0	1,417	22.00	3.10	$4,397
Feb 2002	0	1,181	18.22	2.38	$2,806
Jan 2002	178	1,355	17.17	2.38	$6,275
Dec 2001	0	1,424	16.93	2.36	$3,367
Nov 2001	0	1,354	18.07	2.41	$3,257
Oct 2001	0	1,450	19.78	2.53	$3,667
Sep 2001	0	1,357	24.26	2.25	$3,055
Aug 2001	0	1,690	24.87	3.05	$5,160
Jul 2001	0	1,026	23.93	3.20	$3,280
Jun 2001	0	1,436	24.56	3.82	$5,491
May 2001	0	1,606	25.52	4.31	$6,918
Apr 2001	0	1,543	24.68	5.34	$8,232
Mar 2001	0	1,458	24.54	5.38	$7,839
Feb 2001	0	1,359	27.75	5.77	$7,837
Jan 2001	0	1,524	27.47	8.40	$12,800
Dec 2000	0	1,493	26.88	9.12	$13,620
Nov 2000	0	1,566	32.21	5.66	$8,860
Oct 2000	0	1,710	31.23	5.15	$8,799
Sep 2000	0	1,145	31.87	5.19	$5,939
Aug 2000	0	1,784	29.64	4.54	$8,101
Jul 2000	0	1,852	28.53	4.09	$7,574
Jun 2000	0	1,755	29.30	4.40	$7,717
May 2000	0	1,876	27.26	3.68	$6,903
Apr 2000	0	1,813	24.51	3.12	$5,649
Mar 2000	0	1,825	28.42	2.86	$5,219
Feb 2000	0	1,694	27.62	2.73	$4,619
Jan 2000	0	1,843	25.27	2.48	$4,572
Dec 1999	0	1,869	24.28	2.42	$4,530
Nov 1999	0	1,745	23.19	2.43	$4,247
Oct 1999	0	2,069	20.98	2.80	$5,801
Sep 1999	0	2,074	21.75	2.62	$5,431
Aug 1999	0	2,021	19.26	2.88	$5,812
Jul 1999	0	1,922	17.89	2.37	$4,560
Jun 1999	0	2,108	15.94	2.36	$4,979
May 1999	0	2,105	15.79	2.32	$4,886
Apr 1999	0	2,152	15.10	2.21	$4,752
Mar 1999	0	2,047	12.47	1.84	$3,763
Feb 1999	0	1,730	9.98	1.82	$3,145
Jan 1999	0	1,952	10.38	1.90	$3,709
Dec 1998	0	1,767	9.20	1.77	$3,133
Nov 1998	0	2,340	10.89	2.19	$5,115
Oct 1998	0	2,121	12.42	1.97	$4,177
Sep 1998	0	2,185	12.59	2.08	$4,551
Aug 1998	0	2,159	11.30	1.91	$4,118
Jul 1998	0	2,171	11.74	2.24	$4,857
Jun 1998	0	2,242	11.24	2.24	$5,016
May 1998	0	2,415	12.62	2.21	$5,328
Apr 1998	0	2,444	13.04	2.51	$6,123
Mar 1998	0	1,881	12.80	2.31	$4,344
Feb 1998	181	2,097	13.95	2.30	$7,346
Jan 1998	0	2,156	14.70	2.15	$4,646
Dec 1997	0	1,838	16.32	2.41	$4,432
Nov 1997	0	2,343	18.19	3.09	$7,236
Oct 1997	0	2,423	19.25	3.15	$7,632
Sep 1997	0	2,374	17.74	2.95	$7,015
Aug 1997	0	2,531	17.86	2.55	$6,466
Jul 1997	0	1,990	17.58	2.25	$4,471
Jun 1997	0	1,990	17.24	2.26	$4,492
May 1997	0	2,247	18.97	2.31	$5,187
Apr 1997	0	2,126	17.88	2.08	$4,428
Mar 1997	0	2,366	18.95	1.94	$4,588
Feb 1997	0	2,217	20.49	2.21	$4,890
Jan 1997	0	2,122	23.48	3.54	$7,511
Dec 1996	0	2,350	23.32	—	$0
Nov 1996	0	2,258	21.97	—	$0
Oct 1996	0	2,746	23.31	—	$0
Sep 1996	0	2,357	22.22	—	$0
Aug 1996	0	2,560	20.26	—	$0
Jul 1996	0	2,486	19.55	—	$0
Jun 1996	0	2,411	18.73	—	$0
May 1996	0	2,481	19.43	—	$0
Apr 1996	0	2,622	21.51	—	$0
Mar 1996	0	2,697	19.38	—	$0
Feb 1996	0	2,356	16.98	—	$0
Jan 1996	0	2,406	17.07	—	$0
Dec 1995	0	2,522	17.19	—	$0
Nov 1995	0	2,458	16.00	—	$0
Oct 1995	0	2,310	15.43	—	$0
Sep 1995	0	2,115	16.18	—	$0
Aug 1995	0	2,351	15.92	—	$0
Jul 1995	0	2,354	15.24	—	$0
Jun 1995	0	2,271	16.41	—	$0
May 1995	0	2,403	17.56	—	$0
Apr 1995	0	2,507	17.73	—	$0
Mar 1995	0	2,352	16.44	—	$0
Feb 1995	0	1,241	16.58	—	$0
Jan 1995	0	1,388	15.92	—	$0
Dec 1994	0	1,801	15.03	—	$0
Nov 1994	0	1,981	15.90	—	$0
Oct 1994	0	1,976	15.58	—	$0
Sep 1994	0	1,186	15.29	—	$0
Aug 1994	0	1,534	16.13	—	$0
Jul 1994	0	1,241	17.56	—	$0
Jun 1994	0	1,182	17.09	—	$0
May 1994	0	1,204	15.88	—	$0
Apr 1994	0	1,280	14.14	—	$0
Mar 1994	0	1,433	12.46	—	$0
Feb 1994	0	1,223	12.50	—	$0
Jan 1994	0	1,315	12.66	—	$0
Dec 1993	0	1,507	12.33	—	$0
Nov 1993	0	1,628	14.49	—	$0
Oct 1993	0	2,024	15.85	—	$0
Sep 1993	0	1,846	15.03	—	$0
Aug 1993	0	2,256	15.66	—	$0
Jul 1993	0	1,947	15.46	—	$0
Jun 1993	0	2,211	16.79	—	$0
May 1993	0	1,095	17.68	—	$0
Apr 1993	0	617	18.05	—	$0
Mar 1993	0	1,339	18.14	—	$0
Feb 1993	0	1,383	17.90	—	$0
Jan 1993	0	1,259	16.93	—	$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.

Jun 2015 — as filed, then multipliedworked

Condensate            48 bbl  × $ 56.15 =     $2,695
Gas                    0 Mcf  × $  2.88 =         $0

────────────────────────────────────────────────────
Month total                                   $2,695

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. 7B/G/126205 is the state's own key, not one this site invented.