RICKARD GAS UNIT
RICKARD GAS UNIT is a Texas gas lease in Limestone County, Railroad Commission district 05, operated by Berry Oil Comp. It has 1 wellbore on file with the Commission. Reported production runs from May 2010 to August 2026, totalling 225,115 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $5K, with roughly $655 expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 25 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 139 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about RICKARD GAS UNIT
- Who operates RICKARD GAS UNIT?
- RICKARD GAS UNIT is operated by Berry Oil Comp., Railroad Commission of Texas operator number 068157.
- Where is RICKARD GAS UNIT?
- RICKARD GAS UNIT is a Texas gas lease in Limestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 266491.
- Is RICKARD GAS UNIT still producing?
- RICKARD GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICKARD GAS UNIT is August 2026.
- How much has RICKARD GAS UNIT produced?
- RICKARD GAS UNIT has reported 225,115 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2010 and August 2026, from 1 wellbore.
- How much is RICKARD GAS UNIT worth?
- The remaining production from RICKARD GAS UNIT is estimated to be worth about $5K in total as of 27 August 2026, within a range of $3K to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICKARD GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RICKARD GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICKARD GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RICKARD GAS UNIT generate in a year?
- RICKARD GAS UNIT is forecast to net about $655 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RICKARD GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Berry Oil Comp. |
|---|---|
| Field | Freestone (CV-Bossier Cons.) |
| County | Limestone County, Texas |
| RRC district | 05 |
| Lease number | 266491 |
| Wellbores | 1 |
| Reported production | 225,115 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $5K |
Where RICKARD GAS UNIT sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.