VIRGINIA RICHARDSON UNIT
VIRGINIA RICHARDSON UNIT is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Encana Oil & Gas(USA) Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2011 to August 2026, totalling 565,582 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 $154K, with roughly $23K 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 1,311 thousand cubic feet a month. Its strongest month on the record we hold was November 2019, at 4,685 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 VIRGINIA RICHARDSON UNIT
- Who operates VIRGINIA RICHARDSON UNIT?
- VIRGINIA RICHARDSON UNIT is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is VIRGINIA RICHARDSON UNIT?
- VIRGINIA RICHARDSON UNIT is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 261449.
- Is VIRGINIA RICHARDSON UNIT still producing?
- VIRGINIA RICHARDSON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VIRGINIA RICHARDSON UNIT is August 2026.
- How much has VIRGINIA RICHARDSON UNIT produced?
- VIRGINIA RICHARDSON UNIT has reported 565,582 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2011 and August 2026, from 1 wellbore.
- How much is VIRGINIA RICHARDSON UNIT worth?
- The remaining production from VIRGINIA RICHARDSON UNIT is estimated to be worth about $154K in total as of 26 August 2026, within a range of $128K to $181K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VIRGINIA RICHARDSON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production VIRGINIA RICHARDSON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VIRGINIA RICHARDSON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does VIRGINIA RICHARDSON UNIT generate in a year?
- VIRGINIA RICHARDSON UNIT is forecast to net about $23K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VIRGINIA RICHARDSON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Tarrant County, Texas |
| RRC district | 09 |
| Lease number | 261449 |
| Wellbores | 1 |
| Reported production | 565,582 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $154K |
Where VIRGINIA RICHARDSON 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.