DOUBLE NICKEL

Operated by BLUFF CREEK PETROLEUM, LLC (P-5 76859) in the LEWIS STEFFENS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32480District 7BField 53456001OilSaveExport
Value, all time
$906 k
Jan 2021 – May 2026
Value, last 12 filed months
$76 k
at the published price for each month
Months reported
65
no gaps in the span
Streams
1
oil

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 51 leases and 104 wells, and the rule below applies to all of them.

Discovered
1940-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
440 ft
minimum
From a lease line
220 ft
minimum

A drilling unit in this field needs at least 4 acres. The field rule took effect on 1940-03-09.

The Commission's schedule remark for this field reads: FLD. RULES CORRECTED PER D.O.

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
OilDisposition11,808 bbl$905,762
Total$905,762

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 32.7076, -99.7409. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.70763, -99.74095 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
2,315 ft
2 wells filed one
Completion to plug
3.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 2,282 and 2,347 ft, median 2,315 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2021 – Dec 2021
2 of 2 wells
Plug dates filed
Sep 2025
1 of 2 wells; 1 filed none

Last completion to plug: a median of 3.8 years across the 1 well that filed both dates, with the middle half between 3.8 years and 3.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2533565822,282 ftDec 2021Sep 2025Yes
42-2533561212,347 ftJan 2021

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 (65)

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

65 months

May 202670106.413.05$7,449
Apr 202611298.932.87$11,080
Mar 20267889.753.15$7,001
Feb 202611863.503.75$7,493
Jan 2026059.138.00$0
Dec 20259456.664.41$5,326
Nov 202510658.593.93$6,211
Oct 202515159.383.30$8,966
Sep 20254362.743.08$2,698
Aug 20258963.933.01$5,690
Jul 20259766.743.32$6,474
Jun 202512266.483.13$8,111
May 20259360.553.23$5,631
Apr 202512262.363.54$7,608
Mar 202510067.704.27$6,770
Feb 202512470.884.34$8,789
Jan 202510474.324.28$7,729
Dec 202411668.993.12$8,003
Nov 202411269.052.20$7,734
Oct 202410571.372.28$7,494
Sep 202417069.612.36$11,834
Aug 20247275.632.06$5,445
Jul 20246879.932.15$5,435
Jun 202411778.082.63$9,135
May 20248678.812.20$6,778
Apr 202425184.451.66$21,197
Mar 2024080.301.55$0
Feb 202411276.091.78$8,522
Jan 20249873.023.30$7,156
Dec 202313671.262.61$9,691
Nov 202312477.892.81$9,658
Oct 202310385.443.09$8,800
Sep 202316489.042.74$14,603
Aug 202311080.522.67$8,857
Jul 202334174.852.64$25,524
Jun 202329368.962.26$20,205
May 202316570.622.23$11,652
Apr 202318578.122.24$14,452
Mar 202314472.852.39$10,490
Feb 202314375.112.47$10,741
Jan 202322776.533.39$17,372
Dec 202225376.415.73$19,332
Nov 202215385.005.65$13,005
Oct 202212387.185.86$10,723
Sep 202216284.888.16$13,751
Aug 202230694.529.13$28,923
Jul 2022286101.587.54$29,052
Jun 2022163115.097.98$18,760
May 2022240109.378.43$26,249
Apr 2022326104.226.84$33,976
Mar 2022322108.885.08$35,059
Feb 202217191.054.86$15,570
Jan 202234481.844.54$28,153
Dec 202133671.323.90$23,964
Nov 202116077.435.24$12,389
Oct 202132679.795.71$26,012
Sep 202126669.865.35$18,583
Aug 202133566.024.22$22,117
Jul 202133070.783.98$23,357
Jun 202133269.493.38$23,071
May 202149363.483.02$31,296
Apr 202132860.362.76$19,798
Mar 202149061.302.72$30,037
Feb 202149857.805.55$28,784
Jan 2021050.412.81$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                   70 bbl  × $106.41 =     $7,449

────────────────────────────────────────────────────
Month total                                   $7,449

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. 7B/O/32480 is the state's own key, not one this site invented.