ARCH NESBITT

Operated by NEW CENTURY EXPLORATION, INC. (P-5 606055) in the WHELAN (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15759District 06Field 96789125OilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 2020 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
77
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 37 leases and 45 wells, and the rule below applies to all of them.

Discovered
1960-02-21
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2017-08-01.

The Commission's schedule remark for this field reads: GAS PRODUCTION

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
OilDisposition16,973 bbl$963,551
Casinghead gasProduction68,223 Mcf$211,178
Total$1,174,729

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 32.6071, -94.4233. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.60705, -94.42327 · 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
6,601 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 6,561 and 6,641 ft, median 6,601 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2011 – Apr 2020
2 of 2 wells

2 wells

42-203353854H6,641 ftApr 2020
42-203350541H6,561 ftAug 2011

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 (77)

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

77 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026045389.753.15$1,427
Feb 2026031463.503.75$1,178
Jan 2026043759.138.00$3,495
Dec 2025044956.664.41$1,982
Nov 2025043358.593.93$1,700
Oct 2025043959.383.30$1,451
Sep 2025039962.743.08$1,228
Aug 20250063.933.01$0
Jul 2025046266.743.32$1,532
Jun 2025044866.483.13$1,402
May 2025046560.553.23$1,503
Apr 2025031562.363.54$1,116
Mar 20250067.704.27$0
Feb 2025028170.884.34$1,220
Jan 2025048874.324.28$2,088
Dec 2024043668.993.12$1,361
Nov 202416236769.052.20$11,993
Oct 2024041971.372.28$956
Sep 2024040169.612.36$948
Aug 2024045275.632.06$933
Jul 202416845179.932.15$14,396
Jun 2024043678.082.63$1,148
May 2024044978.812.20$987
Apr 2024035784.451.66$592
Mar 2024045280.301.55$698
Feb 2024035776.091.78$637
Jan 2024044073.023.30$1,451
Dec 202316828071.262.61$12,703
Nov 2023042477.892.81$1,190
Oct 2023042985.443.09$1,324
Sep 202317442789.042.74$16,661
Aug 202333743280.522.67$28,290
Jul 2023043774.852.64$1,154
Jun 202333445368.962.26$24,056
May 2023043370.622.23$964
Apr 202334643378.122.24$27,998
Mar 202331648472.852.39$24,179
Feb 2023047275.112.47$1,164
Jan 202332564576.533.39$27,057
Dec 20221659576.415.73$13,152
Nov 20223157985.005.65$27,221
Oct 202216761087.185.86$18,136
Sep 202229459184.888.16$29,779
Aug 202216862394.529.13$21,566
Jul 2022167636101.587.54$21,761
Jun 2022311614115.097.98$40,691
May 2022333635109.378.43$41,775
Apr 2022322612104.226.84$37,743
Mar 2022328637108.885.08$38,946
Feb 2022057491.054.86$2,789
Jan 202233660581.844.54$30,244
Dec 202146760971.323.90$35,681
Nov 202130458677.435.24$26,608
Oct 202116061179.795.71$16,258
Sep 202132659669.865.35$25,964
Aug 202148760966.024.22$34,722
Jul 202132860470.783.98$25,621
Jun 202148759369.493.38$35,846
May 20214741,85163.483.02$35,675
Apr 20211,0152,69560.362.76$68,699
Mar 202103,02461.302.72$8,216
Feb 20211771,91657.805.55$20,860
Jan 20215212,78450.412.81$34,087
Dec 20203432,58144.642.68$22,217
Nov 20203432,80738.772.71$20,895
Oct 20203512,91536.972.48$20,201
Sep 20207002,79337.091.99$31,524
Aug 20206943,03839.982.39$34,992
Jul 20206942,66038.371.83$31,484
Jun 20207053,45734.901.69$30,448
May 20201,4115,39716.921.81$33,668
Apr 20201,7504,03714.751.80$33,097
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$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.

Mar 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 89.75 =         $0
Casinghead gas       453 Mcf  × $  3.15 =     $1,427

────────────────────────────────────────────────────
Month total                                   $1,427

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/15759 is the state's own key, not one this site invented.