Texas oil lease · RRC district 09 · Lease 21724
ProducingRICHARDS
Richards is an oil lease in Jack County, Texas, operated by Petex in the Woodkirk (Strawn) field. The Railroad Commission shows 398 bbl of oil in the 12 months through Jul 2026.
Oil lease dossier · 4 wells
- Operator
- Petex
- County
- Jack County
- Field
- Woodkirk (Strawn)
- RRC lease
- 09-21724
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Where it sits
This county
- Gas, last 12 months
- 63 mcf
- Oil in Jul 2026
- 32 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 4
Production
Month by month, from the state record
Oil output fell 61% over the last 12 months
398 bbl in the 12 months through Jul 2026, against 1,023 bbl in the 12 months before.
- Oil (bars, left axis)
- Gas (line, right axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 21724, district 09. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
All of the gas went to a transmission line in the last 12 months
Each bar is one month. Colors are the disposition codes the operator reported.
SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 21724, district 09. Reported through Jul 2026.
Transmission line (2)
Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.
None of the gas was flared in the last 12 months.
Operator history
Who has run this lease
The operator changed once, most recently in Jul 2022
If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.
- Petex Jul 2022 to now
- Bettis, Boyle & Stovall Jan 2020 to Jun 2022
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
4 wells on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-237-34012 | 3 | Active | – |
| 42-237-34270 | 2 | Active | – |
| 42-237-35337 | 4 | Active | – |
| 42-237-35351 | 5 | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 09, lease 21724.
Who buys and gathers
Who moves and buys this lease's production
Oil
Energy Trans Crude Marketing LLC gathers it.
100% of it, on the list since Jul 1, 2022
Gas from oil wells
Targa Midstream Services LLC buys and gathers it.
Targa Midstream Services LLC buys it: 100% of it, on the list since Oct 1, 2011 · Targa Midstream Services LLC gathers it: 100% of it, on the list since Oct 1, 2011
Companies that used to be listed: Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Jul 1, 2022).
SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.
Unit and wells
80 acres on the newest permit
- Wells on the permits
- 44 not plugged
- Horizontal
- 0
- First completion
- Dec 12, 1981
- Latest permit
- Jul 27, 1983
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-237-35351 | 5 | Jul 27, 1983 | Aug 7, 1983 | 80 |
| 42-237-35337 | 4 | Jul 21, 1983 | Jul 30, 1983 | 80 |
| 42-237-34270 | 2 | Dec 30, 1981 | Dec 20, 1982 | 80 |
| 42-237-34012 | 3 | Sep 2, 1981 | Dec 12, 1981 | 80 |
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says RICHARDS sold each month.
For example 0.00097656, or a fraction like 1/1024.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf, code 4 | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Petex | 32 | 32 | 6 | 6 | 0 | $80.46 | $2.89 |
| Jun 2026Petex | 0 | 0 | 6 | 6 | 0 | $84.81 | $3.15 |
| May 2026Petex | 0 | 0 | 1 | 1 | 0 | $102.13 | $2.94 |
| Apr 2026Petex | 0 | 0 | 2 | 2 | 0 | $100.32 | $2.77 |
| Mar 2026Petex | 28 | 104 | 4 | 4 | 0 | $91.38 | $3.04 |
| Feb 2026Petex | 1 | 0 | 5 | 5 | 0 | $64.51 | $3.62 |
| Jan 2026Petex | 21 | 21 | 4 | 4 | 0 | $60.04 | $7.72 |
| Dec 2025Petex | 171 | 182 | 5 | 5 | 0 | $57.97 | $4.26 |
| Nov 2025Petex | 40 | 0 | 6 | 6 | 0 | $60.06 | $3.79 |
| Oct 2025Petex | 35 | 0 | 12 | 12 | 0 | $60.89 | $3.19 |
| Sep 2025Petex | 0 | 0 | 6 | 6 | 0 | $63.96 | $2.97 |
| Aug 2025Petex | 70 | 0 | 6 | 6 | 0 | $64.86 | $2.91 |
| Jul 2025Petex | 62 | 168 | 6 | 6 | 0 | $68.39 | $3.20 |
| Jun 2025Petex | 83 | 0 | 4 | 4 | 0 | $68.17 | $3.02 |
| May 2025Petex | 30 | 183 | 0 | 0 | 0 | $62.17 | $3.12 |
| Apr 2025Petex | 73 | 0 | 86 | 86 | 0 | $63.54 | $3.42 |
| Mar 2025Petex | 95 | 0 | 72 | 72 | 0 | $68.24 | $4.12 |
| Feb 2025Petex | 83 | 187 | 60 | 60 | 0 | $71.53 | $4.19 |
| Jan 2025Petex | 77 | 0 | 66 | 66 | 0 | $75.74 | $4.13 |
| Dec 2024Petex | 107 | 186 | 56 | 56 | 0 | $70.12 | $3.01 |
| Nov 2024Petex | 87 | 0 | 18 | 18 | 0 | $69.95 | $2.12 |
| Oct 2024Petex | 117 | 167 | 42 | 42 | 0 | $71.99 | $2.20 |
| Sep 2024Petex | 100 | 181 | 88 | 88 | 0 | $70.24 | $2.28 |
| Aug 2024Petex | 109 | 0 | 220 | 220 | 0 | $76.68 | $1.99 |
| Jul 2024Petex | 92 | 170 | 224 | 224 | 0 | $81.80 | $2.07 |
| Jun 2024Petex | 117 | 0 | 212 | 212 | 0 | $79.77 | $2.54 |
| May 2024Petex | 171 | 178 | 31 | 31 | 0 | $80.02 | $2.12 |
| Apr 2024Petex | 194 | 183 | 22 | 22 | 0 | $85.35 | $1.60 |
| Mar 2024Petex | 110 | 185 | 28 | 28 | 0 | $81.28 | $1.49 |
| Feb 2024Petex | 87 | 176 | 31 | 31 | 0 | $77.25 | $1.72 |
| Jan 2024Petex | 73 | 0 | 28 | 28 | 0 | $74.15 | $3.18 |
| Dec 2023Petex | 93 | 0 | 60 | 60 | 0 | $71.90 | $2.52 |
| Nov 2023Petex | 90 | 178 | 14 | 14 | 0 | $77.69 | $2.71 |
| Oct 2023Petex | 75 | 0 | 27 | 27 | 0 | $85.64 | $2.98 |
| Sep 2023Petex | 112 | 172 | 42 | 42 | 0 | $89.43 | $2.64 |
| Aug 2023Petex | 103 | 172 | 44 | 44 | 0 | $81.39 | $2.58 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
Check your statements
Do your checks match this lease?
Upload your statements for RICHARDS. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Petex.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Petex in Jack County
- WALKER 421
870 bbl last 12 months
- HOLDEN, J. R.
18,834 mcf last 12 months
- LESTER, J. B.
723 bbl last 12 months
- GRAHAM
490 bbl last 12 months
- RAINES-BROWN
10,850 mcf last 12 months
Woodkirk (Strawn) field
- MCQUERRY
6,145 bbl last 12 months
- MCQUERRY B
49 bbl last 12 months
Leases within 10 km
Found by the location of their wells.
- HUTTON, M.D.
0 bbl last 12 months · 0.2 km away
- TEAGUE UNIT
0 bbl last 12 months · 0.4 km away
- TEAGUE-RICHARDS UNIT
0 bbl last 12 months · 0.4 km away
- NASH, SALLIE
0 bbl last 12 months · 0.7 km away
- VIRGINIA OWEN 'I'
16,985 mcf last 12 months · 0.8 km away
Drilling permits within 10 km
SUTTON #1
recompletion · FX Energy Operating, LLC · Jack County · 9.1 km away
Permit 0917475 · Jul 31, 2026
PARKER #O 4
new drill · Oakridge Oil and Gas, LP · Jack County · 1.9 km away
Permit 0917001 · Jul 10, 2026
PARKER #2
recompletion · Oakridge Oil and Gas, LP · Jack County · 2.8 km away
Permit 0917102 · Jul 10, 2026
R. L. MARTIN #O 12
new drill · Oakridge Oil and Gas, LP · Jack County · 6.2 km away
Permit 0914853 · Apr 21, 2026
TEAGUE #1
re-entry · Oakridge Oil and Gas, LP · Jack County · 7.6 km away
Permit 0914566 · Apr 14, 2026
How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Jul 2026?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 21724, district 09, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.