RICHARDS ROBERT UNIT NO 3

Name: RICHARDS ROBERT 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 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 69345District 7BField 10028500CondensateGasSave Export

Value, all time

$458 k

Jan 1993 – Aug 2015

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

272

no gaps in the span

Streams

condensate, gas

The BOB RICHARDS RANCH (CONGL.) 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 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.

Stream	Basis	Volume	Value
Condensate	Disposition	264 bbl	$6,140
Gas	Production	156,125 Mcf	$451,931
Total			$458,071

50,866 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 32.5501, -98.2431. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.55013, -98.24306 · 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

4,202 ft

1 wells filed one

Completion to plug

38.4 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 4,202 ft.

Completions filed

Oct 1976

1 of 1 wells

Plug dates filed

Mar 2015

1 of 1 wells

Last completion to plug: a median of 38.4 years across the 1 well that filed both dates, with the middle half between 38.4 years and 38.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36330965	3C	4,202 ft	Oct 1976	Mar 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	22	0	56.15	2.88	$1,235
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	157	42.89	2.93	$461
Feb 2015	0	284	44.66	2.98	$845
Jan 2015	0	412	43.43	3.10	$1,277
Dec 2014	0	359	54.69	3.59	$1,289
Nov 2014	0	376	70.46	4.25	$1,599
Oct 2014	0	378	78.30	3.90	$1,475
Sep 2014	0	226	86.16	4.05	$914
Aug 2014	0	216	89.39	4.04	$872
Jul 2014	0	264	96.56	4.18	$1,103
Jun 2014	0	325	98.16	4.74	$1,539
May 2014	0	213	94.73	4.73	$1,007
Apr 2014	0	337	95.94	4.81	$1,621
Mar 2014	0	301	95.89	5.06	$1,522
Feb 2014	0	218	97.40	6.19	$1,350
Jan 2014	0	207	90.40	4.86	$1,006
Dec 2013	0	364	91.82	4.35	$1,585
Nov 2013	0	229	88.85	3.74	$856
Oct 2013	0	243	97.42	3.78	$918
Sep 2013	0	204	104.11	3.72	$758
Aug 2013	0	134	104.25	3.52	$472
Jul 2013	0	200	102.52	3.72	$744
Jun 2013	0	228	94.40	3.93	$897
May 2013	0	220	94.83	4.15	$913
Apr 2013	0	250	93.96	4.28	$1,071
Mar 2013	0	319	93.62	3.91	$1,248
Feb 2013	0	296	91.23	3.42	$1,012
Jan 2013	0	319	91.60	3.42	$1,091
Dec 2012	0	284	86.77	3.42	$971
Nov 2012	0	356	86.95	3.62	$1,290
Oct 2012	0	207	89.38	3.40	$704
Sep 2012	0	222	94.67	2.92	$648
Aug 2012	0	245	92.66	2.91	$713
Jul 2012	0	228	85.13	3.02	$689
Jun 2012	0	279	79.82	2.52	$703
May 2012	0	123	91.61	2.49	$306
Apr 2012	0	173	101.65	2.00	$345
Mar 2012	0	293	105.05	2.22	$651
Feb 2012	0	171	101.10	2.57	$440
Jan 2012	0	230	98.09	2.73	$629
Dec 2011	0	320	96.87	3.24	$1,037
Nov 2011	0	261	95.72	3.31	$864
Oct 2011	0	275	84.98	3.65	$1,003
Sep 2011	0	250	83.62	3.99	$996
Aug 2011	0	336	83.40	4.15	$1,394
Jul 2011	0	249	94.14	4.52	$1,125
Jun 2011	0	358	92.90	4.64	$1,661
May 2011	0	307	98.13	4.40	$1,352
Apr 2011	0	312	105.96	4.33	$1,352
Mar 2011	0	261	96.36	4.06	$1,059
Feb 2011	0	245	85.64	4.18	$1,024
Jan 2011	0	284	86.50	4.59	$1,303
Dec 2010	0	281	85.73	4.35	$1,222
Nov 2010	0	248	80.84	3.80	$941
Oct 2010	0	337	78.10	3.51	$1,183
Sep 2010	0	277	72.63	3.98	$1,102
Aug 2010	0	117	73.68	4.42	$517
Jul 2010	0	171	72.55	4.74	$810
Jun 2010	0	168	70.36	4.91	$825
May 2010	0	210	71.12	4.24	$889
Apr 2010	0	280	81.69	4.12	$1,154
Mar 2010	0	282	78.39	4.39	$1,238
Feb 2010	0	238	73.58	5.44	$1,295
Jan 2010	0	249	74.36	5.96	$1,485
Dec 2009	0	375	71.44	5.48	$2,056
Nov 2009	0	331	74.59	3.75	$1,242
Oct 2009	0	318	72.54	4.11	$1,307
Sep 2009	0	178	65.54	3.06	$546
Aug 2009	0	51	67.42	3.22	$164
Jul 2009	0	187	61.13	3.46	$648
Jun 2009	0	281	66.16	3.90	$1,095
May 2009	0	243	54.74	3.93	$954
Apr 2009	0	206	46.77	3.59	$739
Mar 2009	0	20	42.14	4.06	$81
Feb 2009	0	125	32.81	4.63	$579
Jan 2009	0	139	35.86	5.37	$747
Dec 2008	0	205	37.10	5.98	$1,225
Nov 2008	0	69	55.49	6.86	$473
Oct 2008	0	110	75.24	6.92	$761
Sep 2008	0	182	101.76	7.88	$1,434
Aug 2008	0	219	114.22	8.48	$1,858
Jul 2008	0	185	131.08	11.39	$2,107
Jun 2008	0	115	131.33	13.03	$1,499
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	97	110.31	10.45	$1,014
Mar 2008	0	127	101.90	9.66	$1,227
Feb 2008	0	129	92.53	8.77	$1,131
Jan 2008	0	170	90.38	8.21	$1,395
Dec 2007	0	168	88.33	7.30	$1,227
Nov 2007	0	171	91.67	7.29	$1,247
Oct 2007	0	153	82.85	6.92	$1,059
Sep 2007	0	58	75.84	6.24	$362
Aug 2007	0	231	69.06	6.39	$1,476
Jul 2007	0	287	70.90	6.39	$1,833
Jun 2007	0	226	62.00	7.55	$1,706
May 2007	0	263	58.74	7.85	$2,064
Apr 2007	0	391	59.61	7.81	$3,052
Mar 2007	0	459	56.92	7.30	$3,352
Feb 2007	0	296	55.10	8.22	$2,432
Jan 2007	0	443	50.30	6.73	$2,980
Dec 2006	0	369	56.65	6.92	$2,553
Nov 2006	0	496	54.20	7.62	$3,778
Oct 2006	0	234	54.90	6.01	$1,407
Sep 2006	0	372	60.08	5.04	$1,874
Aug 2006	0	433	68.71	7.34	$3,178
Jul 2006	0	463	69.37	6.34	$2,937
Jun 2006	0	447	66.28	6.38	$2,854
May 2006	0	486	66.01	6.42	$3,123
Apr 2006	0	509	64.39	7.36	$3,746
Mar 2006	0	624	56.70	7.08	$4,420
Feb 2006	0	600	57.59	7.75	$4,651
Jan 2006	0	524	60.59	8.93	$4,681
Dec 2005	0	457	54.94	13.42	$6,131
Nov 2005	0	475	54.69	10.59	$5,029
Oct 2005	0	533	58.34	13.80	$7,353
Sep 2005	0	452	61.45	12.08	$5,460
Aug 2005	0	473	61.51	9.80	$4,634
Jul 2005	0	220	55.69	7.84	$1,726
Jun 2005	0	364	52.33	7.38	$2,687
May 2005	0	210	45.22	6.65	$1,397
Apr 2005	0	649	49.20	7.36	$4,777
Mar 2005	0	369	50.37	7.15	$2,640
Feb 2005	0	404	45.22	6.31	$2,550
Jan 2005	0	507	43.16	6.32	$3,205
Dec 2004	0	548	39.86	6.75	$3,700
Nov 2004	0	490	45.28	6.33	$3,102
Oct 2004	0	712	49.70	6.52	$4,639
Sep 2004	0	357	43.24	5.28	$1,886
Aug 2004	0	399	42.37	5.55	$2,215
Jul 2004	0	248	38.28	6.08	$1,509
Jun 2004	0	495	36.10	6.43	$3,184
May 2004	0	707	37.48	6.49	$4,592
Apr 2004	0	420	34.47	5.86	$2,461
Mar 2004	0	426	34.36	5.53	$2,356
Feb 2004	0	268	32.45	5.51	$1,477
Jan 2004	0	305	32.03	6.30	$1,921
Dec 2003	0	439	30.26	6.30	$2,766
Nov 2003	0	590	28.80	4.60	$2,711
Oct 2003	0	633	28.17	4.76	$3,013
Sep 2003	0	696	26.31	4.75	$3,306
Aug 2003	0	627	29.76	5.13	$3,216
Jul 2003	0	534	29.41	5.17	$2,761
Jun 2003	0	528	28.56	5.98	$3,159
May 2003	0	626	26.59	5.97	$3,739
Apr 2003	0	754	26.67	5.41	$4,077
Mar 2003	0	633	31.14	6.10	$3,859
Feb 2003	0	580	33.48	7.93	$4,597
Jan 2003	0	875	30.31	5.58	$4,884
Dec 2002	0	638	26.91	4.85	$3,097
Nov 2002	0	716	24.66	4.14	$2,962
Oct 2002	0	585	26.46	4.23	$2,474
Sep 2002	0	547	27.44	3.64	$1,988
Aug 2002	0	675	25.96	3.16	$2,136
Jul 2002	0	725	24.58	3.06	$2,220
Jun 2002	0	630	23.73	3.34	$2,103
May 2002	0	748	24.66	3.58	$2,681
Apr 2002	0	799	23.65	3.51	$2,806
Mar 2002	0	814	22.00	3.10	$2,526
Feb 2002	0	800	18.22	2.38	$1,901
Jan 2002	0	804	17.17	2.38	$1,910
Dec 2001	0	753	16.93	2.36	$1,780
Nov 2001	0	773	18.07	2.41	$1,859
Oct 2001	0	796	19.78	2.53	$2,013
Sep 2001	0	833	24.26	2.25	$1,875
Aug 2001	0	680	24.87	3.05	$2,076
Jul 2001	0	378	23.93	3.20	$1,209
Jun 2001	0	529	24.56	3.82	$2,023
May 2001	0	649	25.52	4.31	$2,795
Apr 2001	0	787	24.68	5.34	$4,199
Mar 2001	0	782	24.54	5.38	$4,204
Feb 2001	0	849	27.75	5.77	$4,896
Jan 2001	0	594	27.47	8.40	$4,989
Dec 2000	0	613	26.88	9.12	$5,592
Nov 2000	0	837	32.21	5.66	$4,736
Oct 2000	0	879	31.23	5.15	$4,523
Sep 2000	0	797	31.87	5.19	$4,134
Aug 2000	0	658	29.64	4.54	$2,988
Jul 2000	0	734	28.53	4.09	$3,002
Jun 2000	0	774	29.30	4.40	$3,403
May 2000	0	855	27.26	3.68	$3,146
Apr 2000	0	903	24.51	3.12	$2,814
Mar 2000	0	920	28.42	2.86	$2,631
Feb 2000	0	795	27.62	2.73	$2,168
Jan 2000	0	818	25.27	2.48	$2,029
Dec 1999	0	891	24.28	2.42	$2,160
Nov 1999	0	809	23.19	2.43	$1,969
Oct 1999	0	847	20.98	2.80	$2,375
Sep 1999	0	791	21.75	2.62	$2,072
Aug 1999	0	780	19.26	2.88	$2,243
Jul 1999	0	838	17.89	2.37	$1,988
Jun 1999	0	677	15.94	2.36	$1,599
May 1999	0	826	15.79	2.32	$1,917
Apr 1999	0	803	15.10	2.21	$1,773
Mar 1999	0	889	12.47	1.84	$1,634
Feb 1999	0	794	9.98	1.82	$1,443
Jan 1999	0	826	10.38	1.90	$1,569
Dec 1998	0	762	9.20	1.77	$1,351
Nov 1998	0	906	10.89	2.19	$1,980
Oct 1998	0	902	12.42	1.97	$1,776
Sep 1998	0	863	12.59	2.08	$1,797
Aug 1998	0	886	11.30	1.91	$1,690
Jul 1998	0	934	11.74	2.24	$2,090
Jun 1998	0	898	11.24	2.24	$2,009
May 1998	0	937	12.62	2.21	$2,067
Apr 1998	0	952	13.04	2.51	$2,385
Mar 1998	0	861	12.80	2.31	$1,988
Feb 1998	0	748	13.95	2.30	$1,720
Jan 1998	0	821	14.70	2.15	$1,769
Dec 1997	0	859	16.32	2.41	$2,071
Nov 1997	0	1,012	18.19	3.09	$3,125
Oct 1997	0	1,051	19.25	3.15	$3,310
Sep 1997	0	896	17.74	2.95	$2,648
Aug 1997	0	925	17.86	2.55	$2,363
Jul 1997	0	969	17.58	2.25	$2,177
Jun 1997	0	911	17.24	2.26	$2,056
May 1997	0	969	18.97	2.31	$2,237
Apr 1997	0	891	17.88	2.08	$1,856
Mar 1997	0	978	18.95	1.94	$1,896
Feb 1997	0	901	20.49	2.21	$1,988
Jan 1997	0	1,015	23.48	3.54	$3,593
Dec 1996	0	1,021	23.32	—	$0
Nov 1996	172	1,016	21.97	—	$3,779
Oct 1996	0	1,067	23.31	—	$0
Sep 1996	0	957	22.22	—	$0
Aug 1996	0	1,039	20.26	—	$0
Jul 1996	0	1,013	19.55	—	$0
Jun 1996	0	974	18.73	—	$0
May 1996	0	939	19.43	—	$0
Apr 1996	0	1,034	21.51	—	$0
Mar 1996	0	1,086	19.38	—	$0
Feb 1996	0	906	16.98	—	$0
Jan 1996	0	968	17.07	—	$0
Dec 1995	0	1,068	17.19	—	$0
Nov 1995	0	1,008	16.00	—	$0
Oct 1995	0	1,122	15.43	—	$0
Sep 1995	0	973	16.18	—	$0
Aug 1995	65	1,112	15.92	—	$1,035
Jul 1995	0	1,037	15.24	—	$0
Jun 1995	0	1,052	16.41	—	$0
May 1995	0	1,057	17.56	—	$0
Apr 1995	0	986	17.73	—	$0
Mar 1995	0	1,137	16.44	—	$0
Feb 1995	0	685	16.58	—	$0
Jan 1995	0	719	15.92	—	$0
Dec 1994	0	913	15.03	—	$0
Nov 1994	0	902	15.90	—	$0
Oct 1994	0	902	15.58	—	$0
Sep 1994	0	977	15.29	—	$0
Aug 1994	0	1,068	16.13	—	$0
Jul 1994	0	1,075	17.56	—	$0
Jun 1994	0	1,030	17.09	—	$0
May 1994	0	1,012	15.88	—	$0
Apr 1994	0	1,023	14.14	—	$0
Mar 1994	0	961	12.46	—	$0
Feb 1994	0	1,057	12.50	—	$0
Jan 1994	0	1,163	12.66	—	$0
Dec 1993	0	1,128	12.33	—	$0
Nov 1993	0	1,139	14.49	—	$0
Oct 1993	0	1,174	15.85	—	$0
Sep 1993	0	1,043	15.03	—	$0
Aug 1993	0	1,368	15.66	—	$0
Jul 1993	0	1,201	15.46	—	$0
Jun 1993	0	1,863	16.79	—	$0
May 1993	0	1,081	17.68	—	$0
Apr 1993	0	719	18.05	—	$0
Mar 1993	5	1,154	18.14	—	$91
Feb 1993	0	1,369	17.90	—	$0
Jan 1993	0	1,568	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            22 bbl  × $ 56.15 =     $1,235
Gas                    0 Mcf  × $  2.88 =         $0

────────────────────────────────────────────────────
Month total                                   $1,235

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/69345 is the state's own key, not one this site invented.