Richards L.C

Oil & Gas Property in Lee County, TX

  2. Texas
  3. Lee County, TX
  4. Oil & Gas Properties in Lee County, TX
  5. Richards L.C Oil & Gas Property

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Property Summary

Key data points for Richards L.C

CountyLee County, TX
Production DatesJan 1993 - Sep 2024
Total Oil Production46,726 BBLs
Total Gas Production18,520 MCF
Recent Oil Production35 BBLs in Aug 2024
Recent Gas Production0 MCF in Aug 2024
Wells on Property6

Our Valuation Estimates for Richards L.C

ShaleAssessment™

$2,833 *

MarketMultiple™

$10,036 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Richards L.C Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Richards L.C
from Jan 1993 to Sep 2024

Wells on Richards L.C

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-287-30269RICHARDS L.C. ET AL 1ERNEST OPERATING COMPANYProducingLee County, TX30.494346-96.929294
42-287-30329RICHARDS L.C. ET AL 2ERNEST OPERATING COMPANYProducingLee County, TX30.491251-96.928144
42-287-30451RICHARDS L.C. ET AL 3ERNEST OPERATING COMPANYProducingLee County, TX30.495864-96.925355
42-287-30452RICHARDS L.C. ET AL 4ERNEST OPERATING COMPANYProducingLee County, TX30.492315-96.924714
42-287-31095RICHARDS, L.C. 5HOLLUB, LAMBERT DRILLING COMPANYPlugged Oil WellLee County, TX30.497227-96.921828
42-287-32317RICHARDS L.C. A 6ERNEST OPERATING COMPANYProducingLee County, TX30.493766-96.920918

Leases included in Richards L.C

Lease #Lease NameOperatorCountyMonthly Oil Prod.
03-11707RICHARDS, L.C. ET ALERNEST OPERATING COMPANYLee County, TX
03-21476RICHARDS, L.C. "A"ERNEST OPERATING COMPANYLee County, TX

Operators Associated With Richards L.C

Nearby Properties

These are the closest 20 properties to the Richards L.C property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AusleyBurleson County, TX84 BBLs94 MCFSep 2024
BrownLee County, TX36 BBLs0 MCFSep 2024
Brown-Runnels UnitLee County, TX41 BBLs0 MCFSep 2024
GarrisonBurleson County, TX321 BBLs0 MCFAug 2024
Gerdes Development CoLee County, TX68 BBLs214 MCFSep 2024
GuthrieLee County, TX25 BBLs0 MCFSep 2024
HodgeLee County, TX11 BBLs36 MCFSep 2024
LeachmanLee County, TX249 BBLs0 MCFAug 2024
LewisBurleson County, TX35 BBLs0 MCFAug 2024
LinaBurleson County, TX28 BBLs0 MCFSep 2024
MortonBurleson County, TX98 BBLs0 MCFSep 2024
NoackLee County, TX43 BBLs71 MCFSep 2024
OwensLee County, TX16 BBLs0 MCFSep 2024
PearsonBurleson County, TX106 BBLs90 MCFSep 2024
PerrardBurleson County, TX113 BBLs0 MCFAug 2024
PerryLee County, TX65 BBLs0 MCFSep 2024
Plasek RobertBurleson County, TX20 BBLs117 MCFSep 2024
Robert GreenBurleson County, TX438 BBLs0 MCFAug 2024
TarwaterLee County, TX457 BBLs213 MCFSep 2024
WillardBurleson County, TX117 BBLs0 MCFAug 2024

Companies in the Area

These are the closest 20 companies operating near the Richards L.C property.

Company Name
Arledge, Terry
Atlas Operating LLC
Austin Minerals Inc.
B & B Drilling Co.
Bar-Mac Investments Inc.
Bet-Ro, Inc.
Central Plains Oil&Gas Corp. (A)
Crescent Exploration Company
E P C Oil & Gas, Inc.
Ernest Operating Company
Geosouthern Energy Corporation
Hollub, Lambert Drilling Company
Integras Operating, LLC
Jda Energy, LLC
Leonard, J. A.
New Century Exploration, Inc.
Phillips Petroleum Company
Robert T. Epperson Prod Co, LLC
Seagull Operating Co., Inc.
Viceroy Petroleum, LP

Owners of Richards L.C

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024ERNEST OPERATING COMPANYRICHARDS L C ET AL 1-4ERNEST OPERATING CO
2024ERNEST OPERATING COMPANYRICHARDS L C "A"ERNEST OPERATING CO
2024PIERSON FRANKRICHARDS L C ET AL 1-4ERNEST OPERATING CO
2024FREDE CHARLES MRICHARDS L C ET AL 1-4ERNEST OPERATING CO
2024FREDE VIRGINIA LOUISERICHARDS L C ET AL 1-4ERNEST OPERATING CO
2024PIERSON FRANKRICHARDS L C "A"ERNEST OPERATING CO
2024SOUTHWEST PETROLEUM COMPANY LPRICHARDS L C ET AL 1-4ERNEST OPERATING CO
2024FREDE VIRGINIA LOUISERICHARDS L C "A"ERNEST OPERATING CO
Displaying 8 of 37 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Richards L.C

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-11707RICHARDS, L.C. ET ALJun 20244J ENERGY, LLCERNEST OPERATING COMPANY
03-21476RICHARDS, L.C. "A"May 20244J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALMar 20244J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALDec 20234J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALOct 20234J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALJul 20234J ENERGY, LLCERNEST OPERATING COMPANY
03-21476RICHARDS, L.C. "A"Jun 20234J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALMay 20234J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALMar 20234J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALDec 20224J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALSep 20224J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALMar 20224J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALDec 20214J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALAug 20214J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALApr 20214J ENERGY, LLCERNEST OPERATING COMPANY
03-21476RICHARDS, L.C. "A"Apr 20214J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALDec 20204J ENERGY, LLCERNEST OPERATING COMPANY
03-21476RICHARDS, L.C. "A"Aug 20204J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALAug 20204J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALMar 20204J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALJan 20204J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALOct 20194J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALJul 20194J ENERGY, LLCERNEST OPERATING COMPANY
03-21476RICHARDS, L.C. "A"Jul 20194J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALApr 20194J ENERGY, LLCERNEST OPERATING COMPANY