DICKINSON 312
DICKINSON 312 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Courson Oil & Gas, Inc. It has 2 wellbores on file with the Commission. Reported production runs from April 2011 to August 2026, totalling 605,998 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $4.8M, with roughly $1.2M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1,357 barrels a month, about 678 per wellbore. Its strongest month on the record we hold was August 2020, at 15,207 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about DICKINSON 312
- Who operates DICKINSON 312?
- DICKINSON 312 is operated by Courson Oil & Gas, Inc., Railroad Commission of Texas operator number 182785.
- Where is DICKINSON 312?
- DICKINSON 312 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08659.
- Is DICKINSON 312 still producing?
- DICKINSON 312 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DICKINSON 312 is August 2026.
- How much has DICKINSON 312 produced?
- DICKINSON 312 has reported 605,998 barrels of oil (bbl) to the Railroad Commission of Texas between April 2011 and August 2026, from 2 wellbores.
- How much is DICKINSON 312 worth?
- The remaining production from DICKINSON 312 is estimated to be worth about $4.8M in total as of 26 August 2026, within a range of $4.0M to $5.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DICKINSON 312 is a fraction of it. The estimate fits an Arps decline curve to the production DICKINSON 312 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DICKINSON 312 is an estimate of value, not an offer and not an appraisal.
- How much income does DICKINSON 312 generate in a year?
- DICKINSON 312 is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DICKINSON 312 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Courson Oil & Gas, Inc. |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08659 |
| Wellbores | 2 |
| Reported production | 605,998 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.8M |
Where DICKINSON 312 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.