Richards

Oil Property in King County, TX

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

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Property Summary

Key data points for Richards

CountiesCottle County, TX
King County, TX
Production DatesSep 2016 - Jun 2025
Total Oil Production316,228 BBLs
Total Gas Production0 MCF
Recent Oil Production2,196 BBLs in May 2025
Recent Gas Production0 MCF in May 2025
Wells on Property5

Our Valuation Estimates for Richards

ShaleAssessment™

$40,841 *

MarketMultiple™

$230,067 **

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

Based on a decimal interest

Richards Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Richards
from Sep 2016 to Jun 2025

Wells on Richards

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-101-30293RICHARDS, W. Q. ET AL 1SOJOURNER DRILLING CORPORATIONDry HoleCottle County, TX33.837585-100.360768
42-101-30739RICHARDS 1GUNN OIL COMPANYProducingCottle County, TX33.851198-100.338552
42-101-30745RICHARDS 2GUNN OIL COMPANYProducingCottle County, TX33.853100-100.341759
42-101-30748RICHARDS UNIT 4GUNN OIL COMPANYProducingCottle County, TX33.849518-100.335506
42-269-31367RICHARDS 1GUNN OIL COMPANYDry HoleKing County, TX33.822897-100.386628

Leases included in Richards

Lease #Lease NameOperatorCountyMonthly Oil Prod.
8A-70496RICHARDSGUNN OIL COMPANYCottle County, TX
8A-70531RICHARDS UNITGUNN OIL COMPANYCottle County, TX

Operators Associated With Richards

Nearby Properties

These are the closest 6 properties to the Richards property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
GibsonCottle County, TX0 BBLs0 MCFDec 2023
JonesCottle County, TX19 BBLs0 MCFJun 2025
SwensonCottle County, TX400 BBLs0 MCFJun 2025
T & P RichardsCottle County, TX454 BBLs0 MCFJun 2025
TippenCottle County, TX0 BBLs2,909 MCFJun 2025
Wichita RiverCottle County, TX98 BBLs0 MCFJun 2025

Companies in the Area

These are the closest 10 companies operating near the Richards property.

Company Name
Bass Enterprises Production Co
Beaver Oil & Gas Operating, LLC
Citori Oil Company, LLC
Gunn Oil Company
Perkins-Prothro Company
Petex
Shelby Production, Inc.
Smith Pipe Of Abilene
Sojourner Drilling Corporation
Texas Royalty Corp.

Owners of Richards

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025GUNN OIL CORICHARDS UNIT #4GUNN OIL CO
2025RICHARDS RUTH ESTRICHARDS UNIT #4GUNN OIL CO
2025RICHARDS RUTH ESTRICHARDS 2GUNN OIL COMPANY
2025GUNN OIL CORICHARDS 2GUNN OIL COMPANY
2025WICHITA RIVER LLCRICHARDS UNIT #4GUNN OIL CO
2025WILKINS BRIANRICHARDS UNIT #4GUNN OIL CO
2025GREGORY MARTY BRICHARDS UNIT #4GUNN OIL CO
2025SPARKS GINARICHARDS UNIT #4GUNN OIL CO
Displaying 8 of 26 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Richards

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
8A-70531RICHARDS UNITApr 2025ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70496RICHARDSApr 2025ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70531RICHARDS UNITMar 2025ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70496RICHARDSMar 2025ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70496RICHARDSFeb 2025ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70531RICHARDS UNITFeb 2025ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70531RICHARDS UNITJan 2025ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70496RICHARDSJan 2025ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70496RICHARDSDec 2024ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70531RICHARDS UNITDec 2024ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70531RICHARDS UNITNov 2024ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70496RICHARDSNov 2024ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70496RICHARDSOct 2024ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70531RICHARDS UNITOct 2024ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70496RICHARDSSep 2024ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70531RICHARDS UNITSep 2024ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70531RICHARDS UNITAug 2024ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70496RICHARDSAug 2024ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70531RICHARDS UNITJul 2024ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70496RICHARDSJul 2024ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70531RICHARDS UNITJun 2024ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70496RICHARDSJun 2024ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70531RICHARDS UNITMay 2024ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70496RICHARDSMay 2024ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY
8A-70496RICHARDSApr 2024ENERGY TRANSFER CRUDE MARKETING LLCGUNN OIL COMPANY