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Texas oil lease

Producing

RICHARDS 47A

Richards 47A is an oil lease in Martin County, Texas, operated by Avid Energy Assets LLC in the Spraberry (Trend Area) field.

2 wells

200bbl oil, last 12 months−25% vs prior year
Operator
Avid Energy Assets LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-39423

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Oil in Jul 2026
19 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 25% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 25% over the last 12 monthsMonthly oil production for RICHARDS 47A, Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 200 bbl in the 12 months through Jul 2026, against 265 bbl in the 12 months before.Last 12 months: 200 bblbbl per month010203040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 25% over the last 12 monthsMonthly oil production for RICHARDS 47A, Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 200 bbl in the 12 months through Jul 2026, against 265 bbl in the 12 months before.Last 12 monthsbbl per month010203040Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed 2 times, most recently in Mar 2025

Operators of this lease over timePetrolegacy Energy II, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Feb 2025; Avid Energy Assets LLC, Mar 2025 to Jul 20262020202120222023202420252026Changed Jun 2023Changed Mar 2025Petrolegacy Energy II, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to Feb 2025Avid Energy Assets LLCMar 2025 to now
Operators of this lease over timePetrolegacy Energy II, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Feb 2025; Avid Energy Assets LLC, Mar 2025 to Jul 20262020202120222023202420252026Changed Jun 2023Changed Mar 2025Petrolegacy Energy II, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to Feb 2025Avid Energy Assets LLCMar 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on RICHARDS 47A
API numberWell no.Status
42-317-347451Active
42-317-347892Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Devlar Energy Marketing, LLCOilGathers50Jun 1, 2026–
Medallion Operating Company, LLCOilGathers50Jun 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Mar 1, 2025Jun 1, 2026
Energy Transfer CompanyCasinghead gasBuys100Mar 1, 2025Jun 1, 2026
Medallion Operating Company, LLCOilGathers100Mar 1, 2025Jun 1, 2026
Rio Energy International, Inc.OilGathers100Nov 1, 2020Mar 1, 2025
Wtg Gas Processing, L.p.Casinghead gasGathers100Dec 1, 2019Nov 1, 2020
Wtg Gas Processing, L.p.Casinghead gasBuys100Dec 1, 2019Nov 1, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

160 acres on the newest permit

Permits for Richards 47A
API numberWell no.Acreson the permit
42-317-347892160
42-317-347451160

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for RICHARDS 47A
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Avid Energy190$80.46$2.89
Jun 2026Avid Energy120$84.81$3.15
May 2026Avid Energy190$102.13$2.94
Apr 2026Avid Energy150$100.32$2.77
Mar 2026Avid Energy120$91.38$3.04
Feb 2026Avid Energy130$64.51$3.62
Jan 2026Avid Energy120$60.04$7.72
Dec 2025Avid Energy120$57.97$4.26
Nov 2025Avid Energy25180$60.06$3.79
Oct 2025Avid Energy200$60.89$3.19
Sep 2025Avid Energy200$63.96$2.97
Aug 2025Avid Energy210$64.86$2.91
Jul 2025Avid Energy200$68.39$3.20
Jun 2025Avid Energy150$68.17$3.02
May 2025Avid Energy150$62.17$3.12
Apr 2025Avid Energy220$63.54$3.42
Mar 2025Avid Energy180$68.24$4.12
Feb 2025Ovintiv USA30122$71.53$4.19
Jan 2025Ovintiv USA300$75.74$4.13
Dec 2024Ovintiv USA250$70.12$3.01
Nov 2024Ovintiv USA180$69.95$2.12
Oct 2024Ovintiv USA29116$71.99$2.20
Sep 2024Ovintiv USA200$70.24$2.28
Aug 2024Ovintiv USA230$76.68$1.99
Jul 2024Ovintiv USA200$81.80$2.07
Jun 2024Ovintiv USA230$79.77$2.54
May 2024Ovintiv USA28113$80.02$2.12
Apr 2024Ovintiv USA300$85.35$1.60
Mar 2024Ovintiv USA280$81.28$1.49
Feb 2024Ovintiv USA280$77.25$1.72
Jan 2024Ovintiv USA37109$74.15$3.18
Dec 2023Ovintiv USA400$71.90$2.52
Nov 2023Ovintiv USA370$77.69$2.71
Oct 2023Ovintiv USA00$85.64$2.98
Sep 2023Ovintiv USA0182$89.43$2.64
Aug 2023Ovintiv USA350$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorAvid Energy Assets LLCFieldSpraberry (Trend Area)CountyMartin County

Avid Energy Assets LLC in Martin County

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Spraberry (Trend Area) field

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