RICHARDS, ROBERT UNIT 10

Operated by KADANE CORPORATION (P-5 450038) in the STRAWN (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 172828District 7BField 86573250CondensateGasSaveExport
Value, all time
$226 k
Apr 1999 – May 2014
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
182
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 15 leases and 20 wells, and the rule below applies to all of them.

Discovered
1952-08-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 1966-08-15.

The Commission's schedule remark for this field reads: FIELD RULES EFFECTIVE 8-15-66 PER DOCKET #56,614;

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
CondensateDisposition366 bbl$11,787
GasProduction47,833 Mcf$214,506
Total$226,293

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 32.5464, -98.2697. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.54639, -98.26969 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
3,881 ft
1 wells filed one
Completion to plug
15.1 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 3,881 ft.

Completions filed
Apr 1999
1 of 1 wells
Plug dates filed
May 2014
1 of 1 wells

Last completion to plug: a median of 15.1 years across the 1 well that filed both dates, with the middle half between 15.1 years and 15.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-36332151103,881 ftApr 1999May 2014Yes

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 (182)

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

182 months

May 201443094.734.73$4,073
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012010179.822.52$254
May 201209391.612.49$231
Apr 2012092101.652.00$184
Mar 20120101105.052.22$224
Feb 2012064101.102.57$165
Jan 201205798.092.73$156
Dec 201105996.873.24$191
Nov 201107695.723.31$252
Oct 201108884.983.65$321
Sep 201107983.623.99$315
Aug 201106783.404.15$278
Jul 2011010694.144.52$479
Jun 2011010592.904.64$487
May 2011010398.134.40$454
Apr 20110132105.964.33$572
Mar 2011014296.364.06$576
Feb 201107985.644.18$330
Jan 201108886.504.59$404
Dec 2010011585.734.35$500
Nov 2010010880.843.80$410
Oct 2010013178.103.51$460
Sep 2010011872.633.98$470
Aug 201009873.684.42$433
Jul 2010010172.554.74$478
Jun 2010011070.364.91$540
May 201009571.124.24$402
Apr 201009781.694.12$400
Mar 2010010378.394.39$452
Feb 201007373.585.44$397
Jan 201009374.365.96$555
Dec 200909671.445.48$526
Nov 200909474.593.75$353
Oct 2009010272.544.11$419
Sep 2009012265.543.06$374
Aug 2009012767.423.22$409
Jul 2009013861.133.46$478
Jun 2009011766.163.90$456
May 200909754.743.93$381
Apr 2009011846.773.59$423
Mar 200908742.144.06$353
Feb 200908132.814.63$375
Jan 200908835.865.37$473
Dec 200807837.105.98$466
Nov 200809455.496.86$645
Oct 2008013175.246.92$907
Sep 20080118101.767.88$930
Aug 20080111114.228.48$942
Jul 20080127131.0811.39$1,446
Jun 20080112131.3313.03$1,460
May 20080147123.1711.57$1,701
Apr 20080101110.3110.45$1,056
Mar 20080110101.909.66$1,063
Feb 200802292.538.77$193
Jan 2008012390.388.21$1,009
Dec 2007013188.337.30$957
Nov 2007010491.677.29$758
Oct 2007015282.856.92$1,052
Sep 200706275.846.24$387
Aug 200706469.066.39$409
Jul 2007010470.906.39$664
Jun 200706762.007.55$506
May 2007025458.747.85$1,993
Apr 2007027659.617.81$2,154
Mar 2007034856.927.30$2,541
Feb 2007021255.108.22$1,742
Jan 2007021750.306.73$1,460
Dec 2006033156.656.92$2,290
Nov 2006026454.207.62$2,011
Oct 2006027254.906.01$1,636
Sep 2006029960.085.04$1,506
Aug 2006031968.717.34$2,341
Jul 2006013469.376.34$850
Jun 2006010766.286.38$683
May 2006014566.016.42$932
Apr 2006014164.397.36$1,038
Mar 2006026756.707.08$1,891
Feb 2006021957.597.75$1,698
Jan 2006026660.598.93$2,376
Dec 2005021554.9413.42$2,884
Nov 2005023354.6910.59$2,467
Oct 2005026658.3413.80$3,670
Sep 2005029061.4512.08$3,503
Aug 2005030061.519.80$2,939
Jul 2005019055.697.84$1,490
Jun 2005026052.337.38$1,919
May 2005040645.226.65$2,700
Apr 2005028449.207.36$2,090
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 200303031.146.10$183
Feb 20030033.487.93$0
Jan 2003022530.315.58$1,256
Dec 2002046026.914.85$2,233
Nov 2002045924.664.14$1,899
Oct 2002064326.464.23$2,719
Sep 2002058027.443.64$2,108
Aug 2002063025.963.16$1,993
Jul 2002066324.583.06$2,030
Jun 2002058323.733.34$1,946
May 2002053524.663.58$1,917
Apr 2002039123.653.51$1,373
Mar 2002045822.003.10$1,421
Feb 2002038218.222.38$908
Jan 2002047917.172.38$1,138
Dec 2001042216.932.36$998
Nov 2001043818.072.41$1,054
Oct 2001050319.782.53$1,272
Sep 2001045324.262.25$1,020
Aug 2001053624.873.05$1,636
Jul 2001053823.933.20$1,720
Jun 2001049924.563.82$1,908
May 2001053825.524.31$2,317
Apr 2001055324.685.34$2,950
Mar 200116576724.545.38$8,173
Feb 2001062727.755.77$3,616
Jan 2001054827.478.40$4,603
Dec 2000091626.889.12$8,356
Nov 2000077232.215.66$4,368
Oct 2000091031.235.15$4,682
Sep 200001,04831.875.19$5,435
Aug 200001,12829.644.54$5,122
Jul 200001,14828.534.09$4,695
Jun 2000095729.304.40$4,208
May 200001,02927.263.68$3,786
Apr 200001,06724.513.12$3,325
Mar 200001,13028.422.86$3,232
Feb 200001,04227.622.73$2,841
Jan 200001,45825.272.48$3,617
Dec 199901,50024.282.42$3,636
Nov 19991581,45423.192.43$7,203
Oct 199901,52720.982.80$4,281
Sep 199901,23521.752.62$3,234
Aug 199901,51319.262.88$4,351
Jul 1999090717.892.37$2,152
Jun 1999070015.942.36$1,653
May 1999047715.792.32$1,107
Apr 1999036115.102.21$797

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 2014 — as filed, then multipliedworked
Condensate            43 bbl  × $ 94.73 =     $4,073
Gas                    0 Mcf  × $  4.73 =         $0

────────────────────────────────────────────────────
Month total                                   $4,073

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/172828 is the state's own key, not one this site invented.