RICHARDS, FRANK
RICHARDS, FRANK is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Hep Oil Company, Ltd. It has 5 wellbores on file with the Commission. Reported production runs from May 2005 to August 2026, totalling 191,431 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 $15K, with roughly $3K expected over the next twelve months.
| Operator | Hep Oil Company, Ltd. |
|---|---|
| Field | Lost Valley (Caddo) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 30523 |
| Wellbores | 5 |
| Reported production | 191,431 bbl |
| First reported | May 2005 |
| Last reported | August 2026 |
| Estimated royalty value | $15K |
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.