RICHEY, G. W.
RICHEY, G. W. is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Sigmon Production Company, Inc. It has 12 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 22,368 barrels. The lease is intermittent. 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 $24K, with roughly $5K 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 13 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was March 2020, at 302 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 RICHEY, G. W.
- Who operates RICHEY, G. W.?
- RICHEY, G. W. is operated by Sigmon Production Company, Inc., Railroad Commission of Texas operator number 780278.
- Where is RICHEY, G. W.?
- RICHEY, G. W. is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 08166.
- Is RICHEY, G. W. still producing?
- RICHEY, G. W. is intermittent. The most recent month of production reported to the Railroad Commission of Texas for RICHEY, G. W. is August 2026.
- How much has RICHEY, G. W. produced?
- RICHEY, G. W. has reported 22,368 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 12 wellbores.
- How much is RICHEY, G. W. worth?
- The remaining production from RICHEY, G. W. is estimated to be worth about $24K in total as of 27 August 2026, within a range of $13K to $34K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICHEY, G. W. is a fraction of it. The estimate fits an Arps decline curve to the production RICHEY, G. W. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICHEY, G. W. is an estimate of value, not an offer and not an appraisal.
- How much income does RICHEY, G. W. generate in a year?
- RICHEY, G. W. is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RICHEY, G. W. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sigmon Production Company, Inc. |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 08166 |
| Wellbores | 12 |
| Reported production | 22,368 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $24K |
Where RICHEY, G. W. 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.