DOUGLAS ESTATE

Operated by JHS OILFIELD SERVICES LLC (P-5 432646) in the PANOLA field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15682District 06Field 68977001OilCasinghead gasSaveExport
Value, all time
$1.2 M
Mar 2019 – May 2026
Value, last 12 filed months
$125 k
at the published price for each month
Months reported
87
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 108 leases and 266 wells, and the rule below applies to all of them.

Discovered
1946-10-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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
OilDisposition17,624 bbl$1,113,437
Casinghead gasProduction18,396 Mcf$71,470
Total$1,184,907

Wells on this lease (2)

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 32.3432, -94.0685. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.34323, -94.06851 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
2,368 ft
2 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.
2100.0%

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

Between 2,366 and 2,370 ft, median 2,368 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2019 – May 2019
2 of 2 wells

2 wells

42-365384299H2,370 ftMay 2019
42-365384288H2,366 ftMar 2019

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 (87)

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

87 months

May 20263120106.413.05$33,200
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026333063.503.75$21,146
Jan 2026164059.138.00$9,697
Dec 20250056.664.41$0
Nov 2025493058.593.93$28,885
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025166063.933.01$10,612
Jul 2025158066.743.32$10,545
Jun 2025160066.483.13$10,637
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025336067.704.27$22,747
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024158068.993.12$10,900
Nov 2024157069.052.20$10,841
Oct 20240071.372.28$0
Sep 2024161069.612.36$11,207
Aug 2024157075.632.06$11,874
Jul 20240079.932.15$0
Jun 2024164078.082.63$12,805
May 2024159078.812.20$12,531
Apr 20240084.451.66$0
Mar 2024325080.301.55$26,098
Feb 20240076.091.78$0
Jan 2024325073.023.30$23,732
Dec 20230071.262.61$0
Nov 2023159077.892.81$12,385
Oct 2023154085.443.09$13,158
Sep 2023160089.042.74$14,246
Aug 20230080.522.67$0
Jul 20233305874.852.64$24,854
Jun 202305968.962.26$133
May 20233376270.622.23$23,937
Apr 20233206278.122.24$25,137
Mar 202306372.852.39$151
Feb 2023316075.112.47$23,735
Jan 202305176.533.39$173
Dec 20221816976.415.73$14,226
Nov 202217732285.005.65$16,863
Oct 202216155987.185.86$17,314
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20221690101.587.54$17,167
Jun 20221650115.097.98$18,990
May 2022171189109.378.43$20,296
Apr 2022338655104.226.84$39,705
Mar 20220555108.885.08$2,817
Feb 2022055191.054.86$2,677
Jan 202235164881.844.54$31,666
Dec 202117369271.323.90$15,037
Nov 202118281277.435.24$18,345
Oct 202116785779.795.71$18,222
Sep 202117971869.865.35$16,347
Aug 202116683366.024.22$14,475
Jul 202117858170.783.98$14,912
Jun 2021078369.493.38$2,647
May 202117769763.483.02$13,339
Apr 202116476860.362.76$12,018
Mar 202118576561.302.72$13,419
Feb 2021074257.805.55$4,117
Jan 202132883750.412.81$18,887
Dec 202015961344.642.68$8,738
Nov 202015985238.772.71$8,470
Oct 2020162036.972.48$5,989
Sep 2020336037.091.99$12,462
Aug 2020326039.982.39$13,033
Jul 2020511038.371.83$19,607
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020335014.751.80$4,941
Mar 2020323030.341.86$9,800
Feb 2020331049.881.98$16,510
Jan 2020505057.252.09$28,911
Dec 201949225659.012.30$29,623
Nov 201916417055.302.75$9,537
Oct 20194903553.472.42$26,285
Sep 201933828355.052.66$19,359
Aug 201996194453.112.30$53,214
Jul 20191,3081,50256.272.46$77,296
Jun 201964850052.782.49$35,447
May 201996025358.482.74$56,834
Apr 20190062.632.75$0
Mar 20190056.803.06$0

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.

May 2026 — as filed, then multipliedworked
Oil                  312 bbl  × $106.41 =    $33,200
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $33,200

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/15682 is the state's own key, not one this site invented.