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 - Mar 2026
Total Oil Production47,762 BBLs
Total Gas Production18,520 MCF
Recent Oil Production67 BBLs in Feb 2026
Recent Gas Production0 MCF in Feb 2026
Wells on Property6

Our Valuation Estimates for Richards L.C

ShaleAssessment™

$2,135 *

MarketMultiple™

$6,821 **

* 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 Mar 2026

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, TX111 BBLs131 MCFMar 2026
BrownLee County, TX33 BBLs0 MCFMar 2026
Brown-Runnels UnitLee County, TX44 BBLs0 MCFMar 2026
GarrisonBurleson County, TX209 BBLs0 MCFFeb 2026
Gerdes Development CoLee County, TX132 BBLs378 MCFMar 2026
GuthrieLee County, TX10 BBLs0 MCFMar 2026
HodgeLee County, TX17 BBLs0 MCFMar 2026
LeachmanLee County, TX255 BBLs0 MCFFeb 2026
LewisBurleson County, TX36 BBLs0 MCFFeb 2026
LinaBurleson County, TX39 BBLs0 MCFMar 2026
MortonBurleson County, TX45 BBLs0 MCFMar 2026
NoackLee County, TX97 BBLs6 MCFMar 2026
OwensLee County, TX25 BBLs0 MCFMar 2026
PearsonBurleson County, TX124 BBLs135 MCFMar 2026
PerrardBurleson County, TX113 BBLs0 MCFFeb 2026
PerryLee County, TX65 BBLs0 MCFMar 2026
Plasek RobertBurleson County, TX15 BBLs120 MCFMar 2026
Robert GreenBurleson County, TX18 BBLs0 MCFFeb 2026
TarwaterLee County, TX500 BBLs191 MCFMar 2026
WillardBurleson County, TX200 BBLs0 MCFFeb 2026

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
Rusk Energy Operating LLC
Seagull Operating Co., Inc.
Trailblazer Energy Resources, LLC

Owners of Richards L.C

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025ERNEST OPERATING COMPANYRICHARDS L C ET AL 1-4ERNEST OPERATING CO
2025ERNEST OPERATING COMPANYRICHARDS L C "A"ERNEST OPERATING CO
2025PIERSON FRANKRICHARDS L C ET AL 1-4ERNEST OPERATING CO
2025FREDE CHARLES MRICHARDS L C ET AL 1-4ERNEST OPERATING CO
2025FREDE VIRGINIA LOUISERICHARDS L C ET AL 1-4ERNEST OPERATING CO
2025PIERSON FRANKRICHARDS L C "A"ERNEST OPERATING CO
2025SOUTHWEST PETROLEUM COMPANY LPRICHARDS L C ET AL 1-4ERNEST OPERATING CO
2025FREDE 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 ALMar 20264J ENERGY, LLCERNEST OPERATING COMPANY
03-21476RICHARDS, L.C. "A"Mar 20264J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALJan 20264J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALSep 20254J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALJun 20254J ENERGY, LLCERNEST OPERATING COMPANY
03-21476RICHARDS, L.C. "A"Mar 20254J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALMar 20254J ENERGY, LLCERNEST OPERATING COMPANY
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
03-21476RICHARDS, L.C. "A"Apr 20214J ENERGY, LLCERNEST OPERATING COMPANY
03-11707RICHARDS, L.C. ET ALApr 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