RICHMOND
RICHMOND is a Texas gas lease in Starr County, Railroad Commission district 04, operated by Smith Production Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2009 to August 2026, totalling 595,905 thousand cubic feet. The lease is shut in. 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 $8K, with roughly $990 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 20 thousand cubic feet a month. Its strongest month on the record we hold was September 2016, at 4,583 thousand cubic feet.
Key facts about RICHMOND
- Who operates RICHMOND?
- RICHMOND is operated by Smith Production Inc., Railroad Commission of Texas operator number 789662.
- Where is RICHMOND?
- RICHMOND is a Texas gas lease in Starr County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 247406.
- Is RICHMOND still producing?
- RICHMOND is shut in. 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 595,905 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2009 and August 2026, from 1 wellbore.
- How much is RICHMOND worth?
- The remaining production from RICHMOND is estimated to be worth about $8K in total as of 26 August 2026. 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 $990 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 | Smith Production Inc. |
|---|---|
| Field | Flores, W. (Vksbrg, Geopressure) |
| County | Starr County, Texas |
| RRC district | 04 |
| Lease number | 247406 |
| Wellbores | 1 |
| Reported production | 595,905 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $8K |
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.