RICHTER, LOUIS
RICHTER, LOUIS is a Texas oil lease in Ward County, Railroad Commission district 08, operated by MR Oil Company. It has 8 wellbores on file with the Commission. Reported production runs from April 2002 to August 2026, totalling 328,987 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 $3.2M, with roughly $667K 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 942 barrels a month, about 118 per wellbore. Its strongest month on the record we hold was October 2016, at 3,090 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 RICHTER, LOUIS
- Who operates RICHTER, LOUIS?
- RICHTER, LOUIS is operated by MR Oil Company, Railroad Commission of Texas operator number 518675.
- Where is RICHTER, LOUIS?
- RICHTER, LOUIS is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36849.
- Is RICHTER, LOUIS still producing?
- RICHTER, LOUIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICHTER, LOUIS is August 2026.
- How much has RICHTER, LOUIS produced?
- RICHTER, LOUIS has reported 328,987 barrels of oil (bbl) to the Railroad Commission of Texas between April 2002 and August 2026, from 8 wellbores.
- How much is RICHTER, LOUIS worth?
- The remaining production from RICHTER, LOUIS is estimated to be worth about $3.2M in total as of 27 August 2026, within a range of $2.5M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICHTER, LOUIS is a fraction of it. The estimate fits an Arps decline curve to the production RICHTER, LOUIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICHTER, LOUIS is an estimate of value, not an offer and not an appraisal.
- How much income does RICHTER, LOUIS generate in a year?
- RICHTER, LOUIS is forecast to net about $667K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RICHTER, LOUIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MR Oil Company |
|---|---|
| Field | Ward-Estes, N. (Wichita-Albany) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 36849 |
| Wellbores | 8 |
| Reported production | 328,987 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.2M |
Where RICHTER, LOUIS 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.