RICHARDS RANCH
RICHARDS RANCH is a Texas gas lease in Jack County, Railroad Commission district 09, operated by FX Energy Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2025 to August 2026, totalling 191,134 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 $3.4M, with roughly $523K 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 22,040 thousand cubic feet a month. Its strongest month on the record we hold was October 2025, at 29,857 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 RICHARDS RANCH
- Who operates RICHARDS RANCH?
- RICHARDS RANCH is operated by FX Energy Operating, LLC, Railroad Commission of Texas operator number 257610.
- Where is RICHARDS RANCH?
- RICHARDS RANCH is a Texas gas lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 300823.
- Is RICHARDS RANCH still producing?
- RICHARDS RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICHARDS RANCH is August 2026.
- How much has RICHARDS RANCH produced?
- RICHARDS RANCH has reported 191,134 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2025 and August 2026, from 1 wellbore.
- How much is RICHARDS RANCH worth?
- The remaining production from RICHARDS RANCH is estimated to be worth about $3.4M in total as of 26 August 2026, within a range of $2.8M to $4.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICHARDS RANCH is a fraction of it. The estimate fits an Arps decline curve to the production RICHARDS RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICHARDS RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does RICHARDS RANCH generate in a year?
- RICHARDS RANCH is forecast to net about $523K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RICHARDS RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | FX Energy Operating, LLC |
|---|---|
| Field | Shabay (Conglomerate) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 300823 |
| Wellbores | 1 |
| Reported production | 191,134 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.4M |
Where RICHARDS RANCH 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.