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 - Apr 2025
Total Oil Production47,075 BBLs
Total Gas Production18,520 MCF
Recent Oil Production64 BBLs in Mar 2025
Recent Gas Production0 MCF in Mar 2025
Wells on Property6

Our Valuation Estimates for Richards L.C

ShaleAssessment™

$2,539 *

MarketMultiple™

$5,977 **

* 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 Apr 2025

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, TX110 BBLs108 MCFApr 2025
BrownLee County, TX48 BBLs0 MCFApr 2025
Brown-Runnels UnitLee County, TX10 BBLs0 MCFApr 2025
GarrisonBurleson County, TX339 BBLs0 MCFApr 2025
Gerdes Development CoLee County, TX114 BBLs348 MCFApr 2025
GuthrieLee County, TX21 BBLs0 MCFMar 2025
HodgeLee County, TX10 BBLs20 MCFApr 2025
LeachmanLee County, TX303 BBLs0 MCFApr 2025
LewisBurleson County, TX8 BBLs0 MCFApr 2025
LinaBurleson County, TX32 BBLs0 MCFApr 2025
MortonBurleson County, TX68 BBLs0 MCFApr 2025
NoackLee County, TX37 BBLs124 MCFApr 2025
OwensLee County, TX48 BBLs0 MCFApr 2025
PearsonBurleson County, TX71 BBLs85 MCFApr 2025
PerrardBurleson County, TX12 BBLs0 MCFApr 2025
PerryLee County, TX73 BBLs0 MCFApr 2025
Plasek RobertBurleson County, TX11 BBLs0 MCFApr 2025
Robert GreenBurleson County, TX210 BBLs0 MCFApr 2025
TarwaterLee County, TX769 BBLs195 MCFApr 2025
WillardBurleson County, TX72 BBLs0 MCFApr 2025

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
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 CHARLES MRICHARDS 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 20254J ENERGY, LLCERNEST OPERATING COMPANY
03-21476RICHARDS, L.C. "A"Mar 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
03-11707RICHARDS, 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
03-21476RICHARDS, L.C. "A"Jul 20194J ENERGY, LLCERNEST OPERATING COMPANY