RICHARD
RICHARD is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Bc Operating, Inc. It has 10 wellbores on file with the Commission. Reported production runs from September 2010 to August 2026, totalling 489,188 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 $36K, with roughly $13K expected over the next twelve months.
| Operator | Bc Operating, Inc. |
|---|---|
| Field | Goldsmith (Clear Fork) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 40504 |
| Wellbores | 10 |
| Reported production | 489,188 bbl |
| First reported | September 2010 |
| Last reported | August 2026 |
| Estimated royalty value | $36K |
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.