RICHARDSON
RICHARDSON is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Penn Virginia Oil & Gas, L.P. It has 1 wellbore on file with the Commission. Reported production runs from October 2004 to August 2026, totalling 429,529 thousand cubic feet. The lease is currently producing. 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 $16K, with roughly $6K 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 313 thousand cubic feet a month. Its strongest month on the record we hold was May 2019, at 1,286 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 RICHARDSON
- Who operates RICHARDSON?
- RICHARDSON is operated by Penn Virginia Oil & Gas, L.P., Railroad Commission of Texas operator number 651780.
- Where is RICHARDSON?
- RICHARDSON is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 207880.
- Is RICHARDSON still producing?
- RICHARDSON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICHARDSON is August 2026.
- How much has RICHARDSON produced?
- RICHARDSON has reported 429,529 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2004 and August 2026, from 1 wellbore.
- How much is RICHARDSON worth?
- The remaining production from RICHARDSON is estimated to be worth about $16K in total as of 26 August 2026, within a range of $12K to $19K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICHARDSON is a fraction of it. The estimate fits an Arps decline curve to the production RICHARDSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICHARDSON is an estimate of value, not an offer and not an appraisal.
- How much income does RICHARDSON generate in a year?
- RICHARDSON is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RICHARDSON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Penn Virginia Oil & Gas, L.P. |
|---|---|
| Field | Carthage, North (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 207880 |
| Wellbores | 1 |
| Reported production | 429,529 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $16K |
Where RICHARDSON 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.