NOLAN 310
NOLAN 310 is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Sojourner Drilling Corporation. It has 1 wellbore on file with the Commission. Reported production runs from March 2011 to August 2026, totalling 12,974 barrels. The lease is intermittent. 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 $47K, with roughly $7K 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 3 barrels a month. Its strongest month on the record we hold was August 2022, at 156 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 NOLAN 310
- Who operates NOLAN 310?
- NOLAN 310 is operated by Sojourner Drilling Corporation, Railroad Commission of Texas operator number 800750.
- Where is NOLAN 310?
- NOLAN 310 is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30723.
- Is NOLAN 310 still producing?
- NOLAN 310 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for NOLAN 310 is August 2026.
- How much has NOLAN 310 produced?
- NOLAN 310 has reported 12,974 barrels of oil (bbl) to the Railroad Commission of Texas between March 2011 and August 2026, from 1 wellbore.
- How much is NOLAN 310 worth?
- The remaining production from NOLAN 310 is estimated to be worth about $47K in total as of 26 August 2026, within a range of $0 to $95K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NOLAN 310 is a fraction of it. The estimate fits an Arps decline curve to the production NOLAN 310 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NOLAN 310 is an estimate of value, not an offer and not an appraisal.
- How much income does NOLAN 310 generate in a year?
- NOLAN 310 is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NOLAN 310 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sojourner Drilling Corporation |
|---|---|
| Field | Divide (King Sand) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 30723 |
| Wellbores | 1 |
| Reported production | 12,974 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $47K |
Where NOLAN 310 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.