NICHOLS

Operated by STETSON PETROLEUM CORP. (P-5 819479) in the RODESSA (HILL 5800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15348District 06Field 77807560OilCasinghead gasSaveExport
Value, all time
$2.1 M
Nov 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
187
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 25 leases and 25 wells, and the rule below applies to all of them.

Discovered
1965-01-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1991-07-08.

The Commission's schedule remark for this field reads: ORDER NO. 06-0205344 SUSPENDS ALLOCATION FORMULA EFFECTIVE 1/1/95

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition10,152 bbl$764,706
Casinghead gasProduction377,922 Mcf$1,366,216
Total$2,130,922

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.9005, -94.1055. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.90046, -94.10547 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,401 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 7,401 ft.

Completions filed
Nov 2010
1 of 1 wells

1 well

42-0673075317,401 ftNov 2010

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (187)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

187 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021138079.795.71$11,011
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020163034.901.69$5,689
May 20203016.921.81$51
Apr 2020319914.751.80$403
Mar 2020180230.341.86$1,519
Feb 2020262349.881.98$1,334
Jan 2020178057.252.09$10,191
Dec 2019352459.012.30$1,385
Nov 2019378655.302.75$2,328
Oct 201917595353.472.42$11,662
Sep 2019239055.052.66$1,146
Aug 2019270353.112.30$1,726
Jul 2019335356.272.46$1,037
Jun 20194052.782.49$211
May 2019176058.482.74$10,292
Apr 20194062.632.75$251
Mar 20194056.803.06$227
Feb 20193050.852.79$153
Jan 20191851,14246.033.23$12,202
Dec 201831,01246.594.19$4,375
Nov 201811,07552.934.24$4,608
Oct 2018278761.443.40$2,797
Sep 201817198559.543.11$13,243
Aug 201821,04959.403.07$3,336
Jul 201821,10165.142.93$3,358
Jun 201821,08660.183.08$3,462
May 201816897265.382.90$13,803
Apr 201801,09463.842.90$3,173
Mar 201831,10261.222.79$3,255
Feb 2018397661.782.77$2,885
Jan 2018271262.874.01$2,980
Dec 201717044857.272.92$11,045
Nov 201721,17655.423.12$3,778
Oct 201731,54449.292.98$4,755
Sep 20171771,03847.523.09$11,616
Aug 201731,22245.373.00$3,807
Jul 201751,30043.873.09$4,233
Jun 201731,25242.493.09$3,993
May 20171651,64045.373.26$12,838
Apr 201731,27047.933.21$4,223
Mar 201731,30546.772.98$4,034
Feb 20171791,07550.452.95$12,205
Jan 201731,22149.413.42$4,323
Dec 201641,35748.763.72$5,247
Nov 201651,30242.492.64$3,655
Oct 20161821,42446.193.09$12,807
Sep 201651,39141.553.10$4,521
Aug 201651,47441.442.92$4,518
Jul 201661,55741.622.92$4,803
Jun 20161721,56745.352.69$12,009
May 201651,60342.521.99$3,404
Apr 20161711,56436.561.99$9,366
Mar 201651,59833.011.79$3,032
Feb 201641,68326.472.06$3,579
Jan 20161742,10727.352.36$9,741
Dec 201541,81232.362.00$3,756
Nov 20151692,12038.792.17$11,150
Oct 201562,31143.552.43$5,869
Sep 201561,74442.992.76$5,069
Aug 20151871,79240.162.87$12,657
Jul 20151722,16148.152.95$14,646
Jun 201552,11656.152.88$6,381
May 201582,50655.212.96$7,848
Apr 201562,29149.822.71$6,500
Mar 20151812,19142.892.93$14,193
Feb 2015122,27544.662.98$7,307
Jan 20151912,42643.433.10$15,817
Dec 201422,08754.693.59$7,605
Nov 20141791,83670.464.25$20,419
Oct 201442,81278.303.90$11,283
Sep 20141813,10586.164.05$28,156
Aug 201453,31489.394.04$13,819
Jul 20141743,41196.564.18$31,058
Jun 201451,96798.164.74$9,808
May 20141772,49194.734.73$28,541
Apr 201421,92195.944.81$9,430
Mar 20141621,51395.895.06$23,185
Feb 20141792,50397.406.19$32,933
Jan 201452,81390.404.86$14,125
Dec 20131852,65591.824.35$28,548
Nov 201332,54788.853.74$9,788
Oct 20131851,34697.423.78$23,110
Sep 201322,335104.113.72$8,889
Aug 20131912,577104.253.52$28,990
Jul 20131814,359102.523.72$34,762
Jun 201324,09994.403.93$16,312
May 20131814,46294.834.15$35,677
Apr 20131834,39093.964.28$35,995
Mar 20131834,61393.623.91$35,183
Feb 20131514,54791.233.42$29,326
Jan 201394,42291.603.42$15,947
Dec 20121755,72886.773.42$34,775
Nov 20121825,25586.953.62$34,874
Oct 201256,44989.383.40$22,371
Sep 20121677,05894.672.92$36,408
Aug 20121388,53892.662.91$37,617
Jul 201218610,47685.133.02$47,480
Jun 20121736,50079.822.52$30,183
May 20121781,12391.612.49$19,101
Apr 201234,937101.652.00$10,163
Mar 201255,907105.052.22$13,651
Feb 20121716,317101.102.57$33,524
Jan 201256,66198.092.73$18,702
Dec 201137,52296.873.24$24,660
Nov 20111796,86295.723.31$39,856
Oct 20111867,43784.983.65$42,940
Sep 20111625,08183.623.99$33,798
Aug 201118516,29083.404.15$83,021
Jul 20111893,91394.144.52$35,468
Jun 20111826,51292.904.64$47,123
May 20111453,92398.134.40$31,509
Apr 201117213,350105.964.33$76,074
Mar 201117014,03396.364.06$73,318
Feb 201117811,19385.644.18$62,030
Jan 201136522,32986.504.59$134,035
Dec 201030323,76185.734.35$129,283
Nov 2010211,35380.843.80$43,250

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Oct 2021 — as filed, then multipliedworked
Oil                  138 bbl  × $ 79.79 =    $11,011
Casinghead gas         0 Mcf  × $  5.71 =         $0

────────────────────────────────────────────────────
Month total                                  $11,011

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/O/15348 is the state's own key, not one this site invented.