RICHARDS
RICHARDS is a Texas oil lease in Taylor County, Railroad Commission district 7B, operated by Vista Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2014 to August 2026, totalling 8,083 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 $69K, with roughly $13K 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. Its strongest month on the record we hold was August 2017, at 87 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
- Who operates RICHARDS?
- RICHARDS is operated by Vista Exploration, LLC, Railroad Commission of Texas operator number 886196.
- Where is RICHARDS?
- RICHARDS is a Texas oil lease in Taylor County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31480.
- Is RICHARDS still producing?
- RICHARDS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICHARDS is August 2026.
- How much has RICHARDS produced?
- RICHARDS has reported 8,083 barrels of oil (bbl) to the Railroad Commission of Texas between March 2014 and August 2026, from 1 wellbore.
- How much is RICHARDS worth?
- The remaining production from RICHARDS is estimated to be worth about $69K in total as of 26 August 2026, within a range of $38K to $99K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICHARDS is a fraction of it. The estimate fits an Arps decline curve to the production RICHARDS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICHARDS is an estimate of value, not an offer and not an appraisal.
- How much income does RICHARDS generate in a year?
- RICHARDS is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RICHARDS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Vista Exploration, LLC |
|---|---|
| Field | View, E. (Fry) |
| County | Taylor County, Texas |
| RRC district | 7B |
| Lease number | 31480 |
| Wellbores | 1 |
| Reported production | 8,083 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $69K |
Where RICHARDS 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.