RICHARDS, WILLIE RUTH ET AL
RICHARDS, WILLIE RUTH ET AL is a Texas gas lease in Jack County, Railroad Commission district 09, operated by Barnes, Larry Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 31,115 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 $7K, with roughly $838 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 24 thousand cubic feet a month. Its strongest month on the record we hold was March 2024, at 81 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 RICHARDS, WILLIE RUTH ET AL
- Who operates RICHARDS, WILLIE RUTH ET AL?
- RICHARDS, WILLIE RUTH ET AL is operated by Barnes, Larry Petroleum, Inc., Railroad Commission of Texas operator number 050340.
- Where is RICHARDS, WILLIE RUTH ET AL?
- RICHARDS, WILLIE RUTH ET AL is a Texas gas lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 088350.
- Is RICHARDS, WILLIE RUTH ET AL still producing?
- RICHARDS, WILLIE RUTH ET AL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICHARDS, WILLIE RUTH ET AL is August 2026.
- How much has RICHARDS, WILLIE RUTH ET AL produced?
- RICHARDS, WILLIE RUTH ET AL has reported 31,115 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is RICHARDS, WILLIE RUTH ET AL worth?
- The remaining production from RICHARDS, WILLIE RUTH ET AL is estimated to be worth about $7K in total as of 26 August 2026, within a range of $4K to $10K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICHARDS, WILLIE RUTH ET AL is a fraction of it. The estimate fits an Arps decline curve to the production RICHARDS, WILLIE RUTH ET AL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICHARDS, WILLIE RUTH ET AL is an estimate of value, not an offer and not an appraisal.
- How much income does RICHARDS, WILLIE RUTH ET AL generate in a year?
- RICHARDS, WILLIE RUTH ET AL is forecast to net about $838 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RICHARDS, WILLIE RUTH ET AL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Barnes, Larry Petroleum, Inc. |
|---|---|
| Field | Cary-Mag (Conglomerate) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 088350 |
| Wellbores | 1 |
| Reported production | 31,115 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where RICHARDS, WILLIE RUTH ET AL 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.