RICHARDS 41
RICHARDS 41 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 2 wellbores on file with the Commission. Reported production runs from April 2007 to August 2026, totalling 25,326 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 $86K, with roughly $16K 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 21 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was June 2022, at 148 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 RICHARDS 41
- Who operates RICHARDS 41?
- RICHARDS 41 is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is RICHARDS 41?
- RICHARDS 41 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39102.
- Is RICHARDS 41 still producing?
- RICHARDS 41 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICHARDS 41 is August 2026.
- How much has RICHARDS 41 produced?
- RICHARDS 41 has reported 25,326 barrels of oil (bbl) to the Railroad Commission of Texas between April 2007 and August 2026, from 2 wellbores.
- How much is RICHARDS 41 worth?
- The remaining production from RICHARDS 41 is estimated to be worth about $86K in total as of 26 August 2026, within a range of $47K to $124K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICHARDS 41 is a fraction of it. The estimate fits an Arps decline curve to the production RICHARDS 41 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICHARDS 41 is an estimate of value, not an offer and not an appraisal.
- How much income does RICHARDS 41 generate in a year?
- RICHARDS 41 is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RICHARDS 41 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 39102 |
| Wellbores | 2 |
| Reported production | 25,326 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $86K |
Where RICHARDS 41 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.