RICHARDSON UNIT
RICHARDSON UNIT is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by Cholla Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2025 to August 2026, totalling 27,875 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 $287K, with roughly $65K expected over the next twelve months.
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | P. H. D. (Glorieta) |
| County | Garza County, Texas |
| RRC district | 8A |
| Lease number | 71489 |
| Wellbores | 1 |
| Reported production | 27,875 bbl |
| First reported | November 2025 |
| Last reported | August 2026 |
| Estimated royalty value | $287K |
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.