DICKINSON 311
DICKINSON 311 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 October 2014 to August 2026, totalling 385,328 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 $3.5M, with roughly $883K 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 929 barrels a month, about 464 per wellbore. Its strongest month on the record we hold was January 2020, at 14,492 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 311
- Who operates DICKINSON 311?
- DICKINSON 311 is operated by Courson Oil & Gas, Inc., Railroad Commission of Texas operator number 182785.
- Where is DICKINSON 311?
- DICKINSON 311 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09337.
- Is DICKINSON 311 still producing?
- DICKINSON 311 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DICKINSON 311 is August 2026.
- How much has DICKINSON 311 produced?
- DICKINSON 311 has reported 385,328 barrels of oil (bbl) to the Railroad Commission of Texas between October 2014 and August 2026, from 2 wellbores.
- How much is DICKINSON 311 worth?
- The remaining production from DICKINSON 311 is estimated to be worth about $3.5M in total as of 27 August 2026, within a range of $2.8M to $4.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DICKINSON 311 is a fraction of it. The estimate fits an Arps decline curve to the production DICKINSON 311 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DICKINSON 311 is an estimate of value, not an offer and not an appraisal.
- How much income does DICKINSON 311 generate in a year?
- DICKINSON 311 is forecast to net about $883K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DICKINSON 311 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 | 09337 |
| Wellbores | 2 |
| Reported production | 385,328 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where DICKINSON 311 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.