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 - Jan 2024
Total Oil Production46,062 BBLs
Total Gas Production18,520 MCF
Recent Oil Production91 BBLs in Dec 2023
Recent Gas Production0 MCF in Dec 2023
Wells on Property6

Our Valuation Estimates for Richards L.C

ShaleAssessment™

$3,866 *

MarketMultiple™

$12,377 **

* 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 Jan 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, TX63 BBLs51 MCFJan 2024
BrownLee County, TX29 BBLs0 MCFJan 2024
Brown-Runnels UnitLee County, TX56 BBLs0 MCFJan 2024
GarrisonBurleson County, TX351 BBLs0 MCFJan 2024
Gerdes Development CoLee County, TX112 BBLs238 MCFJan 2024
GuthrieLee County, TX0 BBLs0 MCFApr 2022
HodgeLee County, TX18 BBLs0 MCFJan 2024
LeachmanLee County, TX275 BBLs0 MCFJan 2024
LewisBurleson County, TX42 BBLs0 MCFJan 2024
LinaBurleson County, TX27 BBLs0 MCFJan 2024
MortonBurleson County, TX88 BBLs0 MCFJan 2024
NoackLee County, TX42 BBLs79 MCFJan 2024
OwensLee County, TX53 BBLs0 MCFJan 2024
PearsonBurleson County, TX144 BBLs68 MCFJan 2024
PerrardBurleson County, TX84 BBLs0 MCFJan 2024
PerryLee County, TX48 BBLs0 MCFJan 2024
Plasek RobertBurleson County, TX5 BBLs16 MCFJan 2024
Robert GreenBurleson County, TX2 BBLs0 MCFDec 2023
TarwaterLee County, TX424 BBLs146 MCFJan 2024
WillardBurleson County, TX130 BBLs0 MCFJan 2024

Companies in the Area

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

Company Name
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.
Trailblazer Energy Resources, LLC
Viceroy Petroleum, LP

Owners of Richards L.C

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023ERNEST OPERATING COMPANYRICHARDS L C ET AL 1-4ERNEST OPERATING CO
2023ERNEST OPERATING COMPANYRICHARDS L C "A"ERNEST OPERATING CO
2023PIERSON FRANKRICHARDS L C ET AL 1-4ERNEST OPERATING CO
2023FREDE CHARLES MRICHARDS L C ET AL 1-4ERNEST OPERATING CO
2023FREDE VIRGINIA LOUISERICHARDS L C ET AL 1-4ERNEST OPERATING CO
2023SOUTHWEST PETROLEUM COMPANY LPRICHARDS L C ET AL 1-4ERNEST OPERATING CO
2023CRAYTON MARY ESTARICHARDS L C ET AL 1-4ERNEST OPERATING CO
2023CROOM ANNIE GRICHARDS L C ET AL 1-4ERNEST OPERATING CO
Displaying 8 of 20 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 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
03-11707RICHARDS, L.C. ET ALAug 20204J ENERGY, LLCERNEST OPERATING COMPANY
03-21476RICHARDS, L.C. "A"Aug 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
03-11707RICHARDS, L.C. ET ALFeb 20194J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALJan 20194J ENERGY, LLCERNEST OPERATING COMPANY
03-21476RICHARDS, L.C. "A"Dec 20184J ENERGY, LLCERNEST OPERATING COMPANY