RICHARDS UNIT

Operated by GUNN OIL COMPANY (P-5 339493) in the STESCOTT (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 70531District 8AField 86020800OilSave
Value, all time
$11.2 M
Jan 2017 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
113
no gaps in the span
Streams
1
oil

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
OilDisposition175,844 bbl$11,236,677
Total$11,236,677

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 33.8495, -100.3355. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.84952, -100.33551 · 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
4,700 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 4,700 ft.

Completions filed
Jan 2017
1 of 1 wells

1 well

42-1013074844,700 ftJan 2017

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 (113)

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

113 months

May 20261,597106.413.05$169,937
Apr 20261,46798.932.87$145,130
Mar 20261,46989.753.15$131,843
Feb 20261,66563.503.75$105,728
Jan 20261,28459.138.00$75,923
Dec 20251,64856.664.41$93,376
Nov 20251,54858.593.93$90,697
Oct 20251,45859.383.30$86,576
Sep 20251,82362.743.08$114,375
Aug 20251,64163.933.01$104,909
Jul 20251,81966.743.32$121,400
Jun 20251,65366.483.13$109,891
May 20251,47560.553.23$89,311
Apr 20251,47462.363.54$91,919
Mar 20252,20867.704.27$149,482
Feb 20251,49870.884.34$106,178
Jan 202572474.324.28$53,808
Dec 202492268.993.12$63,609
Nov 202455669.052.20$38,392
Oct 20241,10571.372.28$78,864
Sep 202489969.612.36$62,579
Aug 20241,26875.632.06$95,899
Jul 202492079.932.15$73,536
Jun 20241,08978.082.63$85,029
May 20241,09378.812.20$86,139
Apr 202490384.451.66$76,258
Mar 202472180.301.55$57,896
Feb 202470676.091.78$53,720
Jan 202471273.023.30$51,990
Dec 202390871.262.61$64,704
Nov 20231,33177.892.81$103,672
Oct 20231,27285.443.09$108,680
Sep 20231,08189.042.74$96,252
Aug 202372980.522.67$58,699
Jul 202354174.852.64$40,494
Jun 202387568.962.26$60,340
May 202371770.622.23$50,635
Apr 202375578.122.24$58,981
Mar 202373272.852.39$53,326
Feb 202372375.112.47$54,305
Jan 20231,30176.533.39$99,566
Dec 20221,67476.415.73$127,910
Nov 20221,25685.005.65$106,760
Oct 20222,20287.185.86$191,970
Sep 20222,02984.888.16$172,222
Aug 20221,63094.529.13$154,068
Jul 20221,616101.587.54$164,153
Jun 20221,436115.097.98$165,269
May 20221,824109.378.43$199,491
Apr 20221,473104.226.84$153,516
Mar 20221,664108.885.08$181,176
Feb 20221,28491.054.86$116,908
Jan 20221,46081.844.54$119,486
Dec 20211,66771.323.90$118,890
Nov 20211,44677.435.24$111,964
Oct 20211,82979.795.71$145,936
Sep 20211,45069.865.35$101,297
Aug 20211,60866.024.22$106,160
Jul 20211,43770.783.98$101,711
Jun 20211,80869.493.38$125,638
May 20211,25263.483.02$79,477
Apr 20211,62360.362.76$97,964
Mar 20211,80561.302.72$110,647
Feb 202170157.805.55$40,518
Jan 20211,45250.412.81$73,195
Dec 20201,81044.642.68$80,798
Nov 20201,44938.772.71$56,178
Oct 20201,26336.972.48$46,693
Sep 20201,43037.091.99$53,039
Aug 202051039.982.39$20,390
Jul 20201,06538.371.83$40,864
Jun 202089434.901.69$31,201
May 2020016.921.81$0
Apr 20201,44014.751.80$21,240
Mar 20201,79430.341.86$54,430
Feb 20201,44449.881.98$72,027
Jan 20201,78257.252.09$102,020
Dec 20191,92959.012.30$113,830
Nov 20191,62155.302.75$89,641
Oct 20191,82353.472.42$97,476
Sep 20191,97455.052.66$108,669
Aug 20191,80853.112.30$96,023
Jul 20192,17456.272.46$122,331
Jun 20191,62352.782.49$85,662
May 20191,24258.482.74$72,632
Apr 20191,63362.632.75$102,275
Mar 20191,45956.803.06$82,871
Feb 20191,45750.852.79$74,088
Jan 20191,62046.033.23$74,569
Dec 20181,62746.594.19$75,802
Nov 20181,43552.934.24$75,955
Oct 20181,78161.443.40$109,425
Sep 20181,44059.543.11$85,738
Aug 20181,95659.403.07$116,186
Jul 20181,76865.142.93$115,168
Jun 20182,29260.183.08$137,933
May 20182,45865.382.90$160,704
Apr 20182,74763.842.90$175,368
Mar 20182,74461.222.79$167,988
Feb 20182,35461.782.77$145,430
Jan 20182,73962.874.01$172,201
Dec 20172,72357.272.92$155,946
Nov 20172,69955.423.12$149,579
Oct 20172,70749.292.98$133,428
Sep 20172,51647.523.09$119,560
Aug 20172,87645.373.00$130,484
Jul 20172,68043.873.09$117,572
Jun 20172,63942.493.09$112,131
May 20172,33545.373.26$105,939
Apr 20172,69447.933.21$129,123
Mar 20172,36246.772.98$110,471
Feb 20172,35950.452.95$119,012
Jan 201773349.413.42$36,218

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 2026 — as filed, then multipliedworked
Oil                1,597 bbl  × $106.41 =   $169,937

────────────────────────────────────────────────────
Month total                                 $169,937

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. 8A/O/70531 is the state's own key, not one this site invented.