RICHMOND
RICHMOND is a Texas gas lease in Starr County, Railroad Commission district 04, operated by El Paso Production Oil & Gas Co. It has 1 wellbore on file with the Commission. Reported production runs from July 2003 to August 2026, totalling 2,595,765 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 $60K, with roughly $11K 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 879 thousand cubic feet a month. Its strongest month on the record we hold was August 2022, at 10,392 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 RICHMOND
- Who operates RICHMOND?
- RICHMOND is operated by El Paso Production Oil & Gas Co., Railroad Commission of Texas operator number 250446.
- Where is RICHMOND?
- RICHMOND is a Texas gas lease in Starr County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 196983.
- Is RICHMOND still producing?
- RICHMOND is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICHMOND is August 2026.
- How much has RICHMOND produced?
- RICHMOND has reported 2,595,765 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2003 and August 2026, from 1 wellbore.
- How much is RICHMOND worth?
- The remaining production from RICHMOND is estimated to be worth about $60K in total as of 26 August 2026, within a range of $47K to $73K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICHMOND is a fraction of it. The estimate fits an Arps decline curve to the production RICHMOND has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICHMOND is an estimate of value, not an offer and not an appraisal.
- How much income does RICHMOND generate in a year?
- RICHMOND is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RICHMOND receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | El Paso Production Oil & Gas Co. |
|---|---|
| Field | Samano (1ST Massive) |
| County | Starr County, Texas |
| RRC district | 04 |
| Lease number | 196983 |
| Wellbores | 1 |
| Reported production | 2,595,765 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $60K |
Where RICHMOND 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.