NICHOLS UNIT

Operated by EOG RESOURCES, INC. (P-5 253162) in the EAGLEVILLE (EAGLE FORD-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 294727District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$23.7 M
Jul 2021 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
58
1 month not filed
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 5,086 leases and 10,995 wells, and the rule below applies to all of them.

Discovered
2009-08-12
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 2017-02-28.

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: BASED ON 3000 TO 1 GAS OIL RATIO

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
NGPA1none
ST-1112023-08-28232483

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
CondensateDisposition262,467 bbl$20,721,869
GasProduction621,032 Mcf$2,935,820
Total$23,657,689

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 29.3864, -97.2579. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.38635, -97.25789 · 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
12,172 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 12,172 ft.

Completions filed
Jul 2021
1 of 1 wells

1 well

42-177342559H12,172 ftJul 2021

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 (58)

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

58 months

May 20269601,434106.413.05$106,521
Apr 20261,3132,61098.932.87$137,385
Mar 20261,1692,45089.753.15$112,634
Feb 20269802,88063.503.75$73,031
Jan 20261,1742,60759.138.00$90,269
Dec 20251,1621,27156.664.41$71,448
Nov 20251,1733,39758.593.93$82,064
Oct 20251,3003,58559.383.30$89,042
Sep 20251,3093,37662.743.08$92,514
Aug 20251,4373,42563.933.01$102,193
Jul 20251,2933,43866.743.32$97,692
Jun 20251,1643,29066.483.13$87,676
May 20251,4102,71660.553.23$94,154
Apr 20251,4603,10562.363.54$102,047
Mar 20251,3392,62867.704.27$101,867
Feb 20251,1722,85070.884.34$95,443
Jan 20251,1603,36274.324.28$100,596
Dec 20241,3815,77368.993.12$113,295
Nov 20241,5415,10669.052.20$117,631
Oct 20241,6905,66871.372.28$133,546
Sep 20241,7675,85669.612.36$136,847
Aug 20241,9145,65175.632.06$156,417
Jul 20242,0086,86879.932.15$175,242
Jun 20241,9748,61878.082.63$176,830
May 20242,0245,52778.812.20$171,662
Apr 20242,1324,65484.451.66$187,769
Mar 20242,0544,71380.301.55$172,218
Feb 20241,9504,30576.091.78$156,054
Jan 20242,3847,73073.023.30$199,571
Dec 20232,2444,50371.262.61$171,664
Nov 20232,2175,55277.892.81$188,270
Oct 20232,2225,37785.443.09$206,448
Sep 20232,3475,77589.042.74$224,772
Aug 20232,5996,08080.522.67$225,523
Jul 20232,9066,46874.852.64$234,601
Jun 20233,0046,59468.962.26$222,048
May 20233,3236,88970.622.23$250,015
Apr 20233,2766,24078.122.24$269,885
Mar 20233,4587,74772.852.39$270,455
Feb 20233,4577,22775.112.47$277,475
Jan 20234,0307,69576.533.39$334,484
Dec 20223,6449,14176.415.73$330,808
Nov 20224,20311,17985.005.65$420,374
Oct 20224,52412,69687.185.86$468,849
Sep 20224,72613,76984.888.16$513,549
Aug 20225,18515,27394.529.13$629,485
Jul 20225,86416,005101.587.54$716,376
Jun 20226,04916,878115.097.98$830,819
May 20227,09518,459109.378.43$931,646
Apr 20227,95318,395104.226.84$954,639
Mar 20228,00919,006108.885.08$968,502
Feb 20228,08818,39891.054.86$825,805
Dec 202112,14328,82871.323.90$978,443
Nov 202113,84033,92877.435.24$1,249,307
Oct 202116,95843,64479.795.71$1,602,455
Sep 202120,54250,38569.865.35$1,704,670
Aug 202135,45470,33866.024.22$2,637,541
Jul 202119,31329,67070.783.98$1,485,122

Not filed, and not zero: Jan 2022. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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           960 bbl  × $106.41 =   $102,154
Gas                1,434 Mcf  × $  3.05 =     $4,368

────────────────────────────────────────────────────
Month total                                 $106,521

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/294727 is the state's own key, not one this site invented.