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Texas oil lease

Producing

RICHARDS, FRANK

Richards, Frank is an oil lease in Jack County, Texas, operated by Paratus Petroleum LLC in the Jack County Regular field.

1 well

273bbl oil, last 12 months−1% vs prior year
Operator
Paratus Petroleum LLC
County
Jack County
Field
Jack County Regular
RRC lease
09-34118

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Where it sits

This county

Jack CountyJackWiseClayMontagueYoungArcherJack County
Jack County
Gas, last 12 months
361 mcf
Oil in Jul 2026
29 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Paratus Petroleum LLC took over from Xplore Operating, LLC in Jan 2026.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Aug 12, 2026 (last P-5 filed Oct 6, 2025).

  • Buyer

    Buyer changed: COLT G & P (NORTH TEXAS) L.P. replaced COLT GATHERING (NORTH TEXAS)L.P. as the buyer of this lease's gas from oil wells on Jan 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for RICHARDS, FRANK, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 273 bbl in the 12 months through Jul 2026, against 275 bbl in the 12 months before.Last 12 months: 273 bblbbl per monthmcf per month002050401006015080200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for RICHARDS, FRANK, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 273 bbl in the 12 months through Jul 2026, against 275 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002050401006015080200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

92% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
92% of the gas went to a processing plant in the last 12 monthsShare of RICHARDS, FRANK gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
92% of the gas went to a processing plant in the last 12 monthsShare of RICHARDS, FRANK gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    92% · 377 mcf

  • Lease fuel (1)

    8.3% · 34 mcf

Who has run this lease

The operator changed once, most recently in Jan 2026

Operators of this lease over timeXplore Operating, LLC, Apr 2022 to Dec 2025; Paratus Petroleum LLC, Jan 2026 to Jul 20262023202420252026Changed Jan 2026Xplore Operating, LLCApr 2022 to Dec 2025Paratus Petroleum LLCJan 2026 to now
Operators of this lease over timeXplore Operating, LLC, Apr 2022 to Dec 2025; Paratus Petroleum LLC, Jan 2026 to Jul 20262023202420252026Changed Jan 2026Xplore Operating, LLCApr 2022 to Dec 2025Paratus Petroleum LLCJan 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on RICHARDS, FRANK
API numberWell no.Status
42-237-4052910SShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Transoil Marketing, LLCOilGathers100Nov 7, 2022–
Colt G & P (North Texas) L.p.Casinghead gasBuys100Jan 1, 2026–
Colt Gathering (North Texas)l.p.Casinghead gasGathers100Nov 7, 2022–
Colt Gathering (North Texas)l.p.Casinghead gasBuys100Nov 7, 2022Jan 1, 2026

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

Who buys my oilOil price check

267 acres on the newest permit

Permits for Richards, Frank
API numberWell no.Acreson the permit
42-237-399637267
42-237-4052910S267

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

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36 months, newest first

Ledger for RICHARDS, FRANK
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Paratus Petroleum294311100$80.46$2.89
Jun 2026Paratus Petroleum262123200$84.81$3.15
May 2026Paratus Petroleum232830260$102.13$2.94
Apr 2026Paratus Petroleum313325230$100.32$2.77
Mar 2026Paratus Petroleum284925230$91.38$3.04
Feb 2026Paratus Petroleum32029260$64.51$3.62
Jan 2026Paratus Petroleum0018160$60.04$7.72
Dec 2025Xplore Operating,314127250$57.97$4.26
Nov 2025Xplore Operating,3040360$60.06$3.79
Oct 2025Xplore Operating,2356000$60.89$3.19
Sep 2025Xplore Operating,262662570$63.96$2.97
Aug 2025Xplore Operating,21071650$64.86$2.91
Jul 2025Xplore Operating,394550500$68.39$3.20
Jun 2025Xplore Operating,20050460$68.17$3.02
May 2025Xplore Operating,459155510$62.17$3.12
Apr 2025Xplore Operating,0048440$63.54$3.42
Mar 2025Xplore Operating,28036340$68.24$4.12
Feb 2025Xplore Operating,20023210$71.53$4.19
Jan 2025Xplore Operating,30381531400$75.74$4.13
Dec 2024Xplore Operating,238537340$70.12$3.01
Nov 2024Xplore Operating,120000$69.95$2.12
Oct 2024Xplore Operating,35029260$71.99$2.20
Sep 2024Xplore Operating,20015130$70.24$2.28
Aug 2024Xplore Operating,30540$76.68$1.99
Jul 2024Xplore Operating,303970630$81.80$2.07
Jun 2024Xplore Operating,21013110$79.77$2.54
May 2024Xplore Operating,203717150$80.02$2.12
Apr 2024Xplore Operating,326534300$85.35$1.60
Mar 2024Xplore Operating,36069620$81.28$1.49
Feb 2024Xplore Operating,337063570$77.25$1.72
Jan 2024Xplore Operating,32074660$74.15$3.18
Dec 2023Xplore Operating,321091361220$71.90$2.52
Nov 2023Xplore Operating,2901211080$77.69$2.71
Oct 2023Xplore Operating,18048430$85.64$2.98
Sep 2023Xplore Operating,299256490$89.43$2.64
Aug 2023Xplore Operating,6801151000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorParatus Petroleum LLCFieldJack County RegularCountyJack County

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