RICHARDS, L.C. ET AL
RICHARDS, L.C. ET AL is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Ernest Operating Company. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 37,894 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $4K, with roughly $756 expected over the next twelve months.
| Operator | Ernest Operating Company |
|---|---|
| Field | Noack Cow Herd, East (Navarro) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 11707 |
| Wellbores | 5 |
| Reported production | 37,894 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $4K |
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.