RICHARDSON UNIT NO. 2
RICHARDSON UNIT NO. 2 is a Texas oil lease in Limestone County, Railroad Commission district 05, operated by Hombre Oil Co., Ltd. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 203,112 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 $954K, with roughly $341K 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 569 barrels a month. Its strongest month on the record we hold was October 2023, at 854 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 RICHARDSON UNIT NO. 2
- Who operates RICHARDSON UNIT NO. 2?
- RICHARDSON UNIT NO. 2 is operated by Hombre Oil Co., Ltd., Railroad Commission of Texas operator number 396825.
- Where is RICHARDSON UNIT NO. 2?
- RICHARDSON UNIT NO. 2 is a Texas oil lease in Limestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 02646.
- Is RICHARDSON UNIT NO. 2 still producing?
- RICHARDSON UNIT NO. 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICHARDSON UNIT NO. 2 is August 2026.
- How much has RICHARDSON UNIT NO. 2 produced?
- RICHARDSON UNIT NO. 2 has reported 203,112 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is RICHARDSON UNIT NO. 2 worth?
- The remaining production from RICHARDSON UNIT NO. 2 is estimated to be worth about $954K in total as of 26 August 2026, within a range of $744K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICHARDSON UNIT NO. 2 is a fraction of it. The estimate fits an Arps decline curve to the production RICHARDSON UNIT NO. 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICHARDSON UNIT NO. 2 is an estimate of value, not an offer and not an appraisal.
- How much income does RICHARDSON UNIT NO. 2 generate in a year?
- RICHARDSON UNIT NO. 2 is forecast to net about $341K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RICHARDSON UNIT NO. 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hombre Oil Co., Ltd. |
|---|---|
| Field | Megan Richey (Woodbine) |
| County | Limestone County, Texas |
| RRC district | 05 |
| Lease number | 02646 |
| Wellbores | 1 |
| Reported production | 203,112 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $954K |
Where RICHARDSON UNIT NO. 2 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.