NICHOLS MCTEE UNIT 1

Operated by BPX OPERATING COMPANY (P-5 85408) in the HAWKVILLE (EAGLEFORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 274702District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.7 M
Sep 2013 – May 2026
Value, last 12 filed months
$86 k
at the published price for each month
Months reported
153
no gaps in the span
Streams
2
condensate, gas

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 1,894 leases and 1,894 wells, and the rule below applies to all of them.

Discovered
2008-10-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-08-25.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: WILL REQUIRE A REGULAR SWR 38.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112015-01-23214959
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition33,599 bbl$2,570,525
GasProduction1,066,759 Mcf$4,164,838
Total$6,735,363

Wells on this lease (1)

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 28.3363, -98.5580. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33634, -98.55798 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,579 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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

The one well that filed a depth was drilled to 12,579 ft.

Completions filed
Sep 2013
1 of 1 wells

1 well

42-311354123H12,579 ftSep 2013

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 (153)

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

153 months

May 202601,533106.413.05$4,669
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202619037663.503.75$13,475
Jan 202601,20859.138.00$9,661
Dec 2025055056.664.41$2,427
Nov 20253811,47058.593.93$28,095
Oct 202501,82259.383.30$6,021
Sep 202501,67162.743.08$5,142
Aug 202501,86763.933.01$5,629
Jul 202502,04166.743.32$6,766
Jun 202501,35266.483.13$4,230
May 202501,05860.553.23$3,420
Apr 202501,76162.363.54$6,239
Mar 202502,24367.704.27$9,574
Feb 2025086670.884.34$3,759
Jan 2025013474.324.28$573
Dec 202401,84068.993.12$5,743
Nov 2024642,08869.052.20$9,010
Oct 202402,06271.372.28$4,704
Sep 2024261,29969.612.36$4,881
Aug 202416380275.632.06$13,983
Jul 202401,63979.932.15$3,518
Jun 202401,37478.082.63$3,619
May 202401,96778.812.20$4,324
Apr 20241561,73084.451.66$16,045
Mar 202402,65080.301.55$4,095
Feb 202401,96676.091.78$3,507
Jan 2024084273.023.30$2,777
Dec 20231032,21971.262.61$13,133
Nov 202302,45677.892.81$6,895
Oct 2023010985.443.09$337
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023124074.852.64$9,281
Jun 202310298768.962.26$9,263
May 2023881,53270.622.23$9,627
Apr 202303,74378.122.24$8,376
Mar 20237483672.852.39$7,392
Feb 202303,47775.112.47$8,573
Jan 20230076.533.39$0
Dec 2022104076.415.73$7,947
Nov 202201,17185.005.65$6,612
Oct 202202,81687.185.86$16,512
Sep 20220084.888.16$0
Aug 202211,87294.529.13$17,181
Jul 202201,333101.587.54$10,054
Jun 20221081,990115.097.98$28,304
May 202213,819109.378.43$32,315
Apr 20221872,291104.226.84$35,154
Mar 202211,994108.885.08$10,231
Feb 202222,45491.054.86$12,106
Jan 20222531,81781.844.54$28,950
Dec 20212201,36971.323.90$21,028
Nov 202112,89077.435.24$15,212
Oct 20212775,06879.795.71$51,060
Sep 202196869.865.35$6,749
Aug 20210166.024.22$4
Jul 20213323,14670.783.98$36,027
Jun 202137418269.493.38$26,605
May 202133,20863.483.02$9,871
Apr 202184,42260.362.76$12,681
Mar 2021234761.302.72$1,065
Feb 20211571,36257.805.55$16,631
Jan 202192,46850.412.81$7,389
Dec 20203242,83944.642.68$22,059
Nov 2020142,91438.772.71$8,430
Oct 202093,15736.972.48$8,157
Sep 20203663,89337.091.99$21,326
Aug 202052,70039.982.39$6,640
Jul 20201871,27438.371.83$9,500
Jun 2020114,84734.901.69$8,577
May 2020106,50216.921.81$11,969
Apr 202065,79014.751.80$10,536
Mar 202087,06730.341.86$13,361
Feb 2020118,68949.881.98$17,759
Jan 202019140057.252.09$11,773
Dec 201903,57959.012.30$8,247
Nov 201902,74055.302.75$7,537
Oct 201902,23753.472.42$5,410
Sep 201901,10055.052.66$2,923
Aug 20191852,19653.112.30$14,886
Jul 20193824,78456.272.46$33,264
Jun 201901,08452.782.49$2,700
May 201914,12958.482.74$11,373
Apr 20191694,61062.632.75$23,265
Mar 20195461,51056.803.06$35,637
Feb 201913,34950.852.79$9,402
Jan 201923,81646.033.23$12,411
Dec 201814,78046.594.19$20,053
Nov 201802,24252.934.24$9,500
Oct 20181764,44261.443.40$25,908
Sep 201803,53759.543.11$10,993
Aug 201803,47359.403.07$10,650
Jul 20183422,71065.142.93$30,223
Jun 201804,20560.183.08$12,938
May 201804,47865.382.90$12,990
Apr 20181914,37263.842.90$24,876
Mar 20185444,64461.222.79$46,246
Feb 201824,24561.782.77$11,866
Jan 201824,74962.874.01$19,166
Dec 201715,00557.272.92$14,679
Nov 201704,98555.423.12$15,545
Oct 201705,41749.292.98$16,163
Sep 201735,31747.523.09$16,558
Aug 201704,95445.373.00$14,884
Jul 201705,17043.873.09$15,961
Jun 20171645,06642.493.09$22,609
May 201704,44945.373.26$14,519
Apr 20173705,01247.933.21$33,831
Mar 201705,66646.772.98$16,906
Feb 201715,26050.452.95$15,581
Jan 20171826,00949.413.42$29,536
Dec 20161956,16948.763.72$32,474
Nov 20163626,20542.492.64$31,790
Oct 20163886,75146.193.09$38,784
Sep 201606,57341.553.10$20,380
Aug 20161847,63241.442.92$29,944
Jul 20161857,99541.622.92$31,080
Jun 20163898,24945.352.69$39,797
May 201636511,92842.521.99$39,269
Apr 20161824,04936.561.99$14,716
Mar 201624,75633.011.79$8,598
Feb 20161811,38926.472.06$7,657
Jan 201633,12527.352.36$7,471
Dec 20152058,07232.362.00$22,789
Nov 20152108,10738.792.17$25,716
Oct 20151957,53043.552.43$26,764
Sep 20155638,64542.992.76$48,050
Aug 201521410,70740.162.87$39,350
Jul 201539111,46848.152.95$52,601
Jun 201538711,45356.152.88$54,747
May 201520311,94655.212.96$46,513
Apr 201538112,45349.822.71$52,686
Mar 201535113,19842.892.93$53,787
Feb 201558313,48644.662.98$66,174
Jan 201538313,84143.433.10$59,550
Dec 201439616,41454.693.59$80,606
Nov 201436713,84870.464.25$84,738
Oct 201422919,56178.303.90$94,237
Sep 201459521,38386.164.05$137,769
Aug 201441425,70389.394.04$140,722
Jul 201481329,77596.564.18$202,951
Jun 20141,34135,69498.164.74$300,711
May 20141,21649,38094.734.73$348,589
Apr 20141,98358,68095.944.81$472,448
Mar 20142,86561,47995.895.06$585,612
Feb 20142,60062,28997.406.19$638,933
Jan 20143,80692,68490.404.86$794,573
Dec 20131,16443,74691.824.35$297,370
Nov 20130088.853.74$0
Oct 2013189097.423.78$18,412
Sep 20131,10533,405104.113.72$239,233

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
Condensate             0 bbl  × $106.41 =         $0
Gas                1,533 Mcf  × $  3.05 =     $4,669

────────────────────────────────────────────────────
Month total                                   $4,669

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. 01/G/274702 is the state's own key, not one this site invented.