RICHARDS

Operated by PRIVATEER ENERGY LLC (P-5 101743) in the VIEW, E. (FRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31480District 7BField 93794666OilCasinghead gasSaveExport
Value, all time
$585 k
Mar 2014 – May 2026
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
147
no gaps in the span
Streams
2
oil, casinghead 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 5 leases and 6 wells, and the rule below applies to all of them.

Discovered
1955-01-17
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.

StreamBasisVolumeValue
OilDisposition7,969 bbl$541,891
Casinghead gasProduction11,644 Mcf$43,570
Total$585,461

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 32.3297, -99.9518. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.32967, -99.95175 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,802 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 4,802 ft.

Completions filed
Mar 2014
1 of 1 wells

1 well

42-4413445824,802 ftMar 2014

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 (147)

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

147 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026178089.753.15$15,976
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025178066.743.32$11,880
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 2024184079.932.15$14,707
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202375085.443.09$6,408
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023162074.852.64$12,126
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023165076.533.39$12,627
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20221690101.587.54$17,167
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 2022118091.054.86$10,744
Jan 20220081.844.54$0
Dec 2021169071.323.90$12,053
Nov 202125077.435.24$1,936
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021176066.024.22$11,620
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 202072049.881.98$3,591
Jan 20200057.252.09$0
Dec 2019158059.012.30$9,324
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019183052.782.49$9,659
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019173046.033.23$7,963
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018152060.183.08$9,147
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018162061.782.77$10,008
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 2017130055.423.12$7,205
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017174043.873.09$7,633
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 2017170050.452.95$8,577
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016165042.492.64$7,011
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016162041.442.92$6,713
Jul 20160041.622.92$0
Jun 2016165045.352.69$7,483
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016176033.011.79$5,810
Feb 20160026.472.06$0
Jan 2016178027.352.36$4,868
Dec 20150032.362.00$0
Nov 2015175038.792.17$6,788
Oct 20150043.552.43$0
Sep 201547042.992.76$2,021
Aug 2015175040.162.87$7,028
Jul 20154044148.152.95$3,225
Jun 201524165856.152.88$15,429
May 2015067555.212.96$1,995
Apr 201517965149.822.71$10,680
Mar 201516569642.892.93$9,119
Feb 201517665344.662.98$9,804
Jan 201517774443.433.10$9,994
Dec 201417275154.693.59$12,104
Nov 201416677170.464.25$14,975
Oct 201432976678.303.90$28,749
Sep 201417285886.164.05$18,291
Aug 201417870989.394.04$18,772
Jul 201434589396.564.18$37,046
Jun 201435186198.164.74$38,533
May 201434992894.734.73$37,447
Apr 201454158995.944.81$54,736
Mar 2014172095.895.06$16,493

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 2026 — as filed, then multipliedworked
Oil                  178 bbl  × $ 89.75 =    $15,976
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $15,976

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/O/31480 is the state's own key, not one this site invented.