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Texas oil lease · RRC district 7B · Lease 31480

Producing

RICHARDS

Richards is an oil lease in Taylor County, Texas, operated by Privateer Energy LLC in the View, E. (FRY) field. The Railroad Commission shows 247 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

247bbl oil, last 12 months+23% vs prior year
RRC lease
7B-31480

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Where it sits

This county

Taylor CountyTaylorShackelfordFisherNolanCallahanJonesCokeTaylor County
Taylor County · RRC district 7BOpen Taylor County →
Oil in Jul 2026
21 bbl
Reporting to the state
since Jan 2020
Wells
1
Data through
Jul 2026

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output rose 23% over the last 12 months

247 bbl in the 12 months through Jul 2026, against 201 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output rose 23% over the last 12 monthsMonthly oil production for RICHARDS, Aug 2023 to Jul 2026. Oil output rose 23% over the last 12 months. 247 bbl in the 12 months through Jul 2026, against 201 bbl in the 12 months before.Last 12 months: 247 bblbbl per month01020304050Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 23% over the last 12 monthsMonthly oil production for RICHARDS, Aug 2023 to Jul 2026. Oil output rose 23% over the last 12 months. 247 bbl in the 12 months through Jul 2026, against 201 bbl in the 12 months before.Last 12 monthsbbl per month01020304050Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 31480, district 7B. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

No gas disposition reported for this lease

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

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed 2 times, most recently in Oct 2023

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeBurnt Rock Energy, LLC, Jan 2020 to Nov 2021; Fiesta Energy LLC, Dec 2021 to Sep 2023; Privateer Energy LLC, Oct 2023 to Jul 20262020202120222023202420252026Changed Dec 2021Changed Oct 2023Burnt Rock Energy, LLCJan 2020 to Nov 2021Fiesta Energy LLCDec 2021 to Sep 2023Privateer Energy LLCOct 2023 to now
Operators of this lease over timeBurnt Rock Energy, LLC, Jan 2020 to Nov 2021; Fiesta Energy LLC, Dec 2021 to Sep 2023; Privateer Energy LLC, Oct 2023 to Jul 20262020202120222023202420252026Changed Dec 2021Changed Oct 2023Burnt Rock Energy, LLCJan 2020 to Nov 2021Fiesta Energy LLCDec 2021 to Sep 2023Privateer Energy LLCOct 2023 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 31480 in district 7B. The API number is the state’s ID for a well.
Wells on RICHARDS
API numberWell no.Status
42-441-344582Active

SourceTexas Railroad Commission Wellbore Query, district 7B, lease 31480.

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

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

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for RICHARDS
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Privateer Energy210$80.46$2.89
Jun 2026Privateer Energy200$84.81$3.15
May 2026Privateer Energy220$102.13$2.94
Apr 2026Privateer Energy180$100.32$2.77
Mar 2026Privateer Energy17178$91.38$3.04
Feb 2026Privateer Energy280$64.51$3.62
Jan 2026Privateer Energy130$60.04$7.72
Dec 2025Privateer Energy240$57.97$4.26
Nov 2025Privateer Energy200$60.06$3.79
Oct 2025Privateer Energy220$60.89$3.19
Sep 2025Privateer Energy190$63.96$2.97
Aug 2025Privateer Energy230$64.86$2.91
Jul 2025Privateer Energy17178$68.39$3.20
Jun 2025Privateer Energy230$68.17$3.02
May 2025Privateer Energy240$62.17$3.12
Apr 2025Privateer Energy250$63.54$3.42
Mar 2025Privateer Energy250$68.24$4.12
Feb 2025Privateer Energy410$71.53$4.19
Jan 2025Privateer Energy00$75.74$4.13
Dec 2024Privateer Energy320$70.12$3.01
Nov 2024Privateer Energy00$69.95$2.12
Oct 2024Privateer Energy20$71.99$2.20
Sep 2024Privateer Energy00$70.24$2.28
Aug 2024Privateer Energy120$76.68$1.99
Jul 2024Privateer Energy16184$81.80$2.07
Jun 2024Privateer Energy210$79.77$2.54
May 2024Privateer Energy260$80.02$2.12
Apr 2024Privateer Energy240$85.35$1.60
Mar 2024Privateer Energy220$81.28$1.49
Feb 2024Privateer Energy250$77.25$1.72
Jan 2024Privateer Energy250$74.15$3.18
Dec 2023Privateer Energy270$71.90$2.52
Nov 2023Privateer Energy60$77.69$2.71
Oct 2023Privateer Energy075$85.64$2.98
Sep 2023Fiesta Energy440$89.43$2.64
Aug 2023Fiesta Energy340$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 Privateer Energy LLC.

  • 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

Everything on this page connects to the operator, field and county records. Start from any of them.

Privateer Energy LLC in Taylor County

No other producing leases from this operator in this county are in our data yet.

View, E. (FRY) field

No other producing leases in this field are in our data yet.

New drilling permits in Taylor County

We do not have coordinates for this lease, so these are the newest permits in its county.

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 31480, district 7B, 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.