DICKEY OIL

Operated by BLACK SHEEP OPERATING, LLC (P-5 72694) in the PANHANDLE GRAY COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4014District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$5.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$88 k
at the published price for each month
Months reported
401
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 837 leases and 6,360 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: UNTIL THE FLUID MIGRATION FROM SUCH STRATA IS ELIMINATED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA11none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition91,892 bbl$3,617,479
Casinghead gasProduction443,556 Mcf$1,473,834
Total$5,091,313

101,902 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (12)

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 35.3667, -100.6691. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

35.36720, -100.66974 · 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 12 wells
With a plug date
0.0%
0 of 12 wells
Median depth
3,200 ft
12 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.
12100.0%

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

Total depth in feet, 12 of 12 wells. Median 3,200 ft, with the middle half between 3,158 and 3,233 ft; the shallowest is 3,150 ft and the deepest 3,265 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 12 of 12 wells, Mar 1976 – May 1991. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 1976 – May 1991
12 of 12 wells

12 wells

42-17931994123,265 ftMay 1991
42-17931891113,255 ftJul 1988
42-1793029223,150 ftMay 1985
42-17931736103,264 ftApr 1985
42-1793082993,204 ftNov 1984
42-1793072183,225 ftOct 1984
42-1793057843,160 ftSep 1983
42-1793065763,165 ftMar 1981
42-1793063653,153 ftMar 1981
42-1793068373,200 ftMay 1979
42-1793031033,200 ftDec 1976
42-1793027413,150 ftMar 1976

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20261421,18689.753.15$16,480
Feb 202601,01763.503.75$3,814
Jan 202601,63359.138.00$13,061
Dec 202501,28856.664.41$5,684
Nov 20251901,24158.593.93$16,005
Oct 202501,51759.383.30$5,013
Sep 202501,52962.743.08$4,705
Aug 202501,61463.933.01$4,866
Jul 20251761,11966.743.32$15,456
Jun 2025097566.483.13$3,051
May 202518258060.553.23$12,895
Apr 202501,23462.363.54$4,372
Mar 20251661,20867.704.27$16,394
Feb 202501,13570.884.34$4,927
Jan 20251641,15374.324.28$17,122
Dec 20240068.993.12$0
Nov 2024191069.052.20$13,189
Oct 20240071.372.28$0
Sep 2024170069.612.36$11,834
Aug 20240075.632.06$0
Jul 2024171079.932.15$13,668
Jun 2024185078.082.63$14,445
May 20240078.812.20$0
Apr 2024171084.451.66$14,441
Mar 20240080.301.55$0
Feb 2024183076.091.78$13,924
Jan 20240073.023.30$0
Dec 2023182071.262.61$12,969
Nov 2023051277.892.81$1,437
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023053580.522.67$1,430
Jul 20230074.852.64$0
Jun 2023167068.962.26$11,516
May 2023052170.622.23$1,160
Apr 20230078.122.24$0
Mar 2023042072.852.39$1,005
Feb 2023032775.112.47$806
Jan 2023040576.533.39$1,372
Dec 2022041376.415.73$2,366
Nov 2022039385.005.65$2,219
Oct 2022108087.185.86$9,415
Sep 2022047984.888.16$3,910
Aug 20220094.529.13$0
Jul 2022770101.587.54$7,822
Jun 202200115.097.98$0
May 20220526109.378.43$4,436
Apr 2022123463104.226.84$15,985
Mar 202200108.885.08$0
Feb 202216945491.054.86$17,593
Jan 2022047881.844.54$2,169
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021159079.795.71$12,687
Sep 2021164069.865.35$11,457
Aug 2021048266.024.22$2,034
Jul 2021048270.783.98$1,919
Jun 202117750969.493.38$14,020
May 202101,10763.483.02$3,341
Apr 202119033760.362.76$12,398
Mar 20210061.302.72$0
Feb 2021078157.805.55$4,333
Jan 20211091,09050.412.81$8,558
Dec 202018713144.642.68$8,698
Nov 202001,16538.772.71$3,153
Oct 202001,10736.972.48$2,744
Sep 20200037.091.99$0
Aug 202017636139.982.39$7,898
Jul 2020012438.371.83$226
Jun 2020034834.901.69$588
May 202017268816.921.81$4,159
Apr 2020068514.751.80$1,236
Mar 202018160430.341.86$6,613
Feb 2020061049.881.98$1,208
Jan 202017670557.252.09$11,553
Dec 201917366559.012.30$11,741
Nov 201916348455.302.75$10,345
Oct 2019092753.472.42$2,242
Sep 201916392455.052.66$11,428
Aug 201918095453.112.30$11,758
Jul 2019095156.272.46$2,340
Jun 201918188052.782.49$11,745
May 201918496158.482.74$13,394
Apr 2019096762.632.75$2,660
Mar 201936897356.803.06$23,882
Feb 2019078550.852.79$2,192
Jan 201917784146.033.23$10,862
Dec 201817885346.594.19$11,863
Nov 2018080852.934.24$3,424
Oct 201817775961.443.40$13,454
Sep 201816377059.543.11$12,098
Aug 2018084159.403.07$2,579
Jul 201817094065.142.93$13,830
Jun 201818194460.183.08$13,797
May 2018053465.382.90$1,549
Apr 201818735963.842.90$12,979
Mar 2018072061.222.79$2,007
Feb 201819069561.782.77$13,661
Jan 201818277462.874.01$14,546
Dec 201710178057.272.92$8,063
Nov 20171275255.423.12$3,010
Oct 20174469449.292.98$4,239
Sep 20172869147.523.09$3,464
Aug 2017070245.373.00$2,109
Jul 201736445643.873.09$17,376
Jun 201717924742.493.09$8,368
May 201718436945.373.26$9,552
Apr 2017858847.933.21$2,272
Mar 2017069646.772.98$2,077
Feb 2017565250.452.95$2,177
Jan 201719171449.413.42$11,878
Dec 2016771648.763.72$3,007
Nov 201618268542.492.64$9,545
Oct 20161149446.193.09$2,035
Sep 201618857941.553.10$9,607
Aug 2016168641.442.92$2,048
Jul 201618669841.622.92$9,783
Jun 2016056545.352.69$1,517
May 201618375842.521.99$9,290
Apr 20161781,45936.561.99$9,413
Mar 2016091833.011.79$1,647
Feb 201635843426.472.06$10,372
Jan 2016033327.352.36$787
Dec 201518054732.362.00$6,920
Nov 2015773438.792.17$1,862
Oct 2015994343.552.43$2,680
Sep 20151841,14742.992.76$11,074
Aug 20153491,21540.162.87$17,506
Jul 20151001,30848.152.95$8,667
Jun 20151741,28756.152.88$13,480
May 201501,40055.212.96$4,138
Apr 201531,37549.822.71$3,871
Mar 20153601,02342.892.93$18,443
Feb 201501,29044.662.98$3,839
Jan 201517571543.433.10$9,817
Dec 201419475954.693.59$13,336
Nov 201419071370.464.25$16,419
Oct 201417680078.303.90$16,902
Sep 201401,00586.164.05$4,066
Aug 201417191389.394.04$18,970
Jul 201417876096.564.18$20,364
Jun 201417198898.164.74$21,465
May 201417565994.734.73$19,693
Apr 2014086795.944.81$4,170
Mar 20143751,03795.895.06$41,203
Feb 2014279597.406.19$5,117
Jan 201418765590.404.86$20,089
Dec 201318279391.824.35$20,164
Nov 201320777288.853.74$21,278
Oct 201318384697.423.78$21,025
Sep 20130774104.113.72$2,878
Aug 2013187791104.253.52$22,281
Jul 2013177783102.523.72$21,057
Jun 201318175794.403.93$20,064
May 201336886294.834.15$38,474
Apr 2013071193.964.28$3,045
Mar 201337071993.623.91$37,453
Feb 2013061991.233.42$2,117
Jan 201317872291.603.42$18,774
Dec 201218393486.773.42$19,073
Nov 201218491086.953.62$19,298
Oct 201219384289.383.40$20,113
Sep 201217078294.672.92$18,376
Aug 201236783992.662.91$36,446
Jul 2012482285.133.02$2,824
Jun 201218183979.822.52$16,561
May 201219180791.612.49$19,506
Apr 2012347776101.652.00$36,822
Mar 20120884105.052.22$1,964
Feb 2012190886101.102.57$21,486
Jan 201218468098.092.73$19,908
Dec 201118970596.873.24$20,592
Nov 201118472095.723.31$19,997
Oct 201119072784.983.65$18,799
Sep 20111811,17283.623.99$19,807
Aug 201118682983.404.15$18,952
Jul 201117672394.144.52$19,835
Jun 201117973792.904.64$20,049
May 201117178198.134.40$20,220
Apr 20113632,380105.964.33$48,777
Mar 20111811,60396.364.06$23,945
Feb 2011141,05685.644.18$5,613
Jan 20111891,28786.504.59$22,254
Dec 201018995685.734.35$20,359
Nov 201017598380.843.80$17,878
Oct 20101891,03978.103.51$18,407
Sep 201019087472.633.98$17,278
Aug 201017996473.684.42$17,449
Jul 20101771,06072.554.74$17,862
Jun 201017992570.364.91$17,137
May 20101811,00371.124.24$17,121
Apr 20101841,53881.694.12$21,372
Mar 20101851,65478.394.39$21,761
Feb 20102031,56273.585.44$23,438
Jan 20101741,44974.365.96$21,581
Dec 200918293171.445.48$18,107
Nov 200918389474.593.75$17,004
Oct 200917896472.544.11$16,874
Sep 200917194365.543.06$14,097
Aug 200935886167.423.22$26,907
Jul 200916991161.133.46$13,487
Jun 200917689666.163.90$15,134
May 200918291254.743.93$13,543
Apr 200917789946.773.59$11,503
Mar 200917694242.144.06$11,240
Feb 200917493532.814.63$10,041
Jan 200917993135.865.37$11,419
Dec 200836292637.105.98$18,965
Nov 20081841,04555.496.86$17,379
Oct 20081911,15475.246.92$22,359
Sep 2008174932101.767.88$25,048
Aug 20083471,000114.228.48$48,117
Jul 20081771,096131.0811.39$35,684
Jun 20081741,054131.3313.03$36,588
May 20081741,109123.1711.57$34,267
Apr 20083691,012110.3110.45$51,285
Mar 200861,177101.909.66$11,986
Feb 20083771,16892.538.77$45,128
Jan 200835098290.388.21$39,691
Dec 2007897288.337.30$7,804
Nov 200719196391.677.29$24,531
Oct 20071791,17082.856.92$22,929
Sep 200717692475.846.24$19,117
Aug 200718394169.066.39$18,649
Jul 20073651,07870.906.39$32,765
Jun 20073601,05362.007.55$30,269
May 200701,10858.747.85$8,694
Apr 20073551,05259.617.81$29,373
Mar 20071741,17456.927.30$18,477
Feb 20071811,17355.108.22$19,610
Jan 20071951,32050.306.73$18,688
Dec 20063821,36356.656.92$31,070
Nov 20061821,14254.207.62$18,564
Oct 20063671,19754.906.01$27,347
Sep 20061861,19460.085.04$17,189
Aug 20063611,23868.717.34$33,891
Jul 20061831,21369.376.34$20,388
Jun 20063571,16866.286.38$31,118
May 20063501,22566.016.42$30,974
Apr 20061831,07964.397.36$19,725
Mar 2006197756.707.08$6,977
Feb 20061741,14457.597.75$18,888
Jan 20062901,21560.598.93$28,425
Dec 200511,31854.9413.42$17,736
Nov 20053641,04854.6910.59$31,004
Oct 20051761,14758.3413.80$26,092
Sep 20051791,08461.4512.08$24,093
Aug 20051761,10761.519.80$21,671
Jul 20054131,08555.697.84$31,510
Jun 20051721,14252.337.38$17,430
May 20051721,13645.226.65$15,334
Apr 20053611,03249.207.36$25,357
Mar 20051781,19150.377.15$17,487
Feb 20051841,11145.226.31$15,333
Jan 20053701,27843.166.32$24,049
Dec 20043641,13039.866.75$22,138
Nov 20041851,15345.286.33$15,676
Oct 20041871,17349.706.52$16,936
Sep 20043541,24643.245.28$21,891
Aug 200419198242.375.55$13,543
Jul 20043541,11638.286.08$20,341
Jun 20041871,08336.106.43$13,718
May 20041761,23737.486.49$14,630
Apr 20043701,20734.475.86$19,825
Mar 20043801,16134.365.53$19,477
Feb 20041761,28432.455.51$12,786
Jan 20041861,45632.036.30$15,130
Dec 20033601,61330.266.30$21,058
Nov 20035491,55028.804.60$22,934
Oct 20031821,58828.174.76$12,685
Sep 20033631,44726.314.75$16,423
Aug 20031711,07429.765.13$10,598
Jul 20033021,13029.415.17$14,725
Jun 20032361,34428.565.98$14,781
May 20034291,31826.595.97$19,279
Apr 20032461,38526.675.41$14,050
Mar 20034301,39831.146.10$21,912
Feb 20032341,39433.487.93$18,883
Jan 20032401,49930.315.58$15,642
Dec 20024241,37626.914.85$18,089
Nov 20021731,36524.664.14$9,913
Oct 20023601,39826.464.23$15,438
Sep 20021741,43927.443.64$10,006
Aug 20023561,32425.963.16$13,431
Jul 20023551,65624.583.06$13,796
Jun 20021721,74323.733.34$9,900
May 20023521,72624.663.58$14,866
Apr 200235083023.653.51$11,193
Mar 200235294522.003.10$10,676
Feb 200235676218.222.38$8,297
Jan 200219577517.172.38$5,189
Dec 200136495016.932.36$8,409
Nov 200137783918.072.41$8,831
Oct 200118795419.782.53$6,111
Sep 20013631,02424.262.25$11,112
Aug 20011601,33824.873.05$8,064
Jul 20013571,35823.933.20$12,885
Jun 20011781,21424.563.82$9,014
May 20013431,62725.524.31$15,761
Apr 20013451,58324.685.34$16,960
Mar 20015411,18924.545.38$19,669
Feb 2001082927.755.77$4,781
Jan 200137099727.478.40$18,537
Dec 20003661,10226.889.12$19,891
Nov 200018695732.215.66$11,406
Oct 20003651,11631.235.15$17,141
Sep 20003431,16931.875.19$16,994
Aug 20003601,18529.644.54$16,051
Jul 20001721,31928.534.09$10,302
Jun 20003441,14529.304.40$15,114
May 20003491,37327.263.68$14,566
Apr 20003431,42224.513.12$12,838
Mar 20003701,60828.422.86$15,114
Feb 20003591,86027.622.73$14,987
Jan 20003631,43025.272.48$12,720
Dec 19993501,63024.282.42$12,449
Nov 19993481,82723.192.43$12,517
Oct 19993681,47520.982.80$11,856
Sep 19994101,57221.752.62$13,034
Aug 19993621,51619.262.88$11,332
Jul 19993561,54017.892.37$10,022
Jun 19993591,72415.942.36$9,795
May 19991731,53515.792.32$6,294
Apr 19995361,28115.102.21$10,922
Mar 19993581,55412.471.84$7,321
Feb 19993801,6569.981.82$6,803
Jan 19993801,64210.381.90$7,064
Dec 19983631,4669.201.77$5,939
Nov 19983661,55510.892.19$7,385
Oct 19983681,74712.421.97$8,011
Sep 19983701,85712.592.08$8,526
Aug 19983601,75811.301.91$7,421
Jul 19983601,92211.742.24$8,526
Jun 19983371,95011.242.24$8,151
May 19985631,89112.622.21$11,277
Apr 19983691,77113.042.51$9,249
Mar 19983841,65312.802.31$8,733
Feb 19983671,57313.952.30$8,736
Jan 19983931,80114.702.15$9,658
Dec 19977511,94816.322.41$16,953
Nov 19971921,73918.193.09$8,863
Oct 19973661,63019.253.15$12,180
Sep 19973771,83817.742.95$12,119
Aug 19973691,97517.862.55$11,636
Jul 19977261,83817.582.25$16,893
Jun 19971791,79917.242.26$7,147
May 19975401,96018.972.31$14,768
Apr 19973811,75417.882.08$10,465
Mar 19975701,94518.951.94$14,573
Feb 19975641,77720.492.21$15,476
Jan 19973671,76623.483.54$14,868
Dec 19963691,88123.32$8,605
Nov 19963701,94821.97$8,129
Oct 19963532,10023.31$8,228
Sep 19963742,06622.22$8,310
Aug 19961832,14020.26$3,708
Jul 19967312,34619.55$14,291
Jun 19963522,14818.73$6,593
May 19965462,13819.43$10,609
Apr 19967292,23821.51$15,681
Mar 19961892,38119.38$3,663
Feb 19963921,60516.98$6,656
Jan 19963781,87417.07$6,452
Dec 19955551,92717.19$9,540
Nov 19955402,06616.00$8,640
Oct 19953842,45015.43$5,925
Sep 19955662,23316.18$9,158
Aug 19955502,14315.92$8,756
Jul 19953772,20615.24$5,745
Jun 19953692,28516.41$6,055
May 19955692,25717.56$9,992
Apr 19955602,21117.73$9,929
Mar 19955472,00916.44$8,993
Feb 19953852,25316.58$6,383
Jan 19955432,16215.92$8,645
Dec 19945542,19815.03$8,327
Nov 19945552,39415.90$8,825
Oct 19945372,29615.58$8,366
Sep 19945492,50315.29$8,394
Aug 19945412,76116.13$8,726
Jul 19945532,34517.56$9,711
Jun 19945382,50417.09$9,194
May 19943781,90215.88$6,003
Apr 19945561,98714.14$7,862
Mar 19945402,36112.46$6,728
Feb 19945391,80412.50$6,738
Jan 19945571,76012.66$7,052
Dec 19933671,46512.33$4,525
Nov 19935312,04514.49$7,694
Oct 19935371,79715.85$8,511
Sep 19937252,10715.03$10,897
Aug 19935381,81615.66$8,425
Jul 19935362,07415.46$8,287
Jun 19935432,09116.79$9,117
May 19937341,99417.68$12,977
Apr 19935332,21618.05$9,621
Mar 19937302,55918.14$13,242
Feb 19935741,81917.90$10,275
Jan 19935492,03716.93$9,295

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                  142 bbl  × $ 89.75 =    $12,745
Casinghead gas     1,186 Mcf  × $  3.15 =     $3,735

────────────────────────────────────────────────────
Month total                                  $16,480

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. 10/O/4014 is the state's own key, not one this site invented.