WELLS, NITA
WELLS, NITA is a Texas oil lease in Young County, Railroad Commission district 7B, operated by Thornton, Michael D. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 48,359 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $1K, with roughly $263 expected over the next twelve months.
| Operator | Thornton, Michael D. |
|---|---|
| Field | Paschal (Conglomerate) |
| County | Young County, Texas |
| RRC district | 7B |
| Lease number | 26219 |
| Wellbores | 1 |
| Reported production | 48,359 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $1K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.