RICHARDS RANCH
RICHARDS RANCH is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Cobra Oil & Gas Corporation. It has 29 wellbores on file with the Commission. Reported production runs from July 2012 to August 2026, totalling 302,081 barrels. 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 $2.7M, with roughly $393K 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 222 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was July 2016, at 2,420 barrels. 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 RICHARDS RANCH
- Who operates RICHARDS RANCH?
- RICHARDS RANCH is operated by Cobra Oil & Gas Corporation, Railroad Commission of Texas operator number 163000.
- Where is RICHARDS RANCH?
- RICHARDS RANCH is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32285.
- 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 302,081 barrels of oil (bbl) to the Railroad Commission of Texas between July 2012 and August 2026, from 29 wellbores.
- How much is RICHARDS RANCH worth?
- The remaining production from RICHARDS RANCH is estimated to be worth about $2.7M in total as of 26 August 2026, within a range of $2.1M to $3.3M. 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 $393K 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 | Cobra Oil & Gas Corporation |
|---|---|
| Field | KRS (Marble Falls) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 32285 |
| Wellbores | 29 |
| Reported production | 302,081 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.7M |
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.