ROBERT RICHARDS UNIT NO. 1

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

Gas lease lease 224524District 7BField 10028500GasSaveExport
Value, all time
$484 k
Jan 2007 – Mar 2015
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
99
no gaps in the span
Streams
1
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 30 leases and 30 wells, and the rule below applies to all of them.

Discovered
1978-12-01
as the register files it
Field class
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 80 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 12/01/97.

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
GasProduction89,605 Mcf$483,854
Total$483,854

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 32.5538, -98.2396. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.55375, -98.23959 · 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
3,572 ft
1 wells filed one
Completion to plug
8.3 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 3,572 ft.

Completions filed
Jan 2007
1 of 1 wells
Plug dates filed
Apr 2015
1 of 1 wells

Last completion to plug: a median of 8.3 years across the 1 well that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633559343,572 ftJan 2007Apr 2015Yes

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 (99)

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

99 months

Mar 201571742.892.93$2,104
Feb 201559844.662.98$1,780
Jan 201562743.433.10$1,944
Dec 201475654.693.59$2,715
Nov 201470970.464.25$3,015
Oct 201483178.303.90$3,242
Sep 201474986.164.05$3,030
Aug 201467989.394.04$2,740
Jul 201491596.564.18$3,824
Jun 201477198.164.74$3,652
May 201455994.734.73$2,642
Apr 201477695.944.81$3,732
Mar 201461395.895.06$3,100
Feb 201462597.406.19$3,870
Jan 201442290.404.86$2,051
Dec 201390491.824.35$3,936
Nov 201384988.853.74$3,174
Oct 201398097.423.78$3,704
Sep 2013827104.113.72$3,075
Aug 2013408104.253.52$1,437
Jul 2013924102.523.72$3,435
Jun 201384694.403.93$3,328
May 201367294.834.15$2,788
Apr 201384593.964.28$3,619
Mar 201369793.623.91$2,727
Feb 201375791.233.42$2,589
Jan 201370091.603.42$2,394
Dec 201269186.773.42$2,363
Nov 201269386.953.62$2,512
Oct 201266489.383.40$2,257
Sep 201261994.672.92$1,806
Aug 201256892.662.91$1,652
Jul 201258685.133.02$1,770
Jun 201254279.822.52$1,365
May 20127891.612.49$194
Apr 2012306101.652.00$611
Mar 2012970105.052.22$2,155
Feb 2012559101.102.57$1,437
Jan 201267198.092.73$1,835
Dec 201171896.873.24$2,326
Nov 201163795.723.31$2,109
Oct 201162084.983.65$2,262
Sep 201190083.623.99$3,587
Aug 201178383.404.15$3,249
Jul 201148594.144.52$2,191
Jun 201199292.904.64$4,603
May 20111,03998.134.40$4,577
Apr 2011970105.964.33$4,203
Mar 20111,02496.364.06$4,155
Feb 201182185.644.18$3,432
Jan 201190486.504.59$4,148
Dec 20101,04085.734.35$4,522
Nov 201047780.843.80$1,810
Oct 201097178.103.51$3,407
Sep 201092872.633.98$3,693
Aug 201078173.684.42$3,452
Jul 201046072.554.74$2,179
Jun 201084970.364.91$4,169
May 201097371.124.24$4,121
Apr 20101,17881.694.12$4,857
Mar 20101,14478.394.39$5,021
Feb 201086373.585.44$4,697
Jan 201077574.365.96$4,622
Dec 20091,30571.445.48$7,156
Nov 20091,47474.593.75$5,530
Oct 20091,12472.544.11$4,620
Sep 200957365.543.06$1,756
Aug 200939167.423.22$1,258
Jul 200989361.133.46$3,094
Jun 20091,15766.163.90$4,507
May 20091,17754.743.93$4,621
Apr 200998846.773.59$3,544
Mar 200916442.144.06$666
Feb 20091,20832.814.63$5,597
Jan 20091,25535.865.37$6,741
Dec 20081,55237.105.98$9,277
Nov 200839655.496.86$2,717
Oct 200874275.246.92$5,136
Sep 20081,674101.767.88$13,186
Aug 20081,508114.228.48$12,792
Jul 20081,483131.0811.39$16,891
Jun 20081,333131.3313.03$17,373
May 2008301123.1711.57$3,484
Apr 20081,097110.3110.45$11,469
Mar 20081,307101.909.66$12,631
Feb 20081,38292.538.77$12,121
Jan 20081,19290.388.21$9,781
Dec 20071,55688.337.30$11,362
Nov 20071,54491.677.29$11,258
Oct 20071,52382.856.92$10,542
Sep 200785875.846.24$5,357
Aug 20071,68169.066.39$10,738
Jul 20071,85270.906.39$11,830
Jun 20071,15162.007.55$8,688
May 20071,30458.747.85$10,232
Apr 20072,33059.617.81$18,186
Mar 20071,09956.927.30$8,025
Feb 200785155.108.22$6,992
Jan 20071,14550.306.73$7,702

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.

Mar 2015 — as filed, then multipliedworked
Gas                  717 Mcf  × $  2.93 =     $2,104

────────────────────────────────────────────────────
Month total                                   $2,104

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/224524 is the state's own key, not one this site invented.