NICHOLS

Operated by INEOS USA OIL & GAS LLC (P-5 424176) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15573District 01Field 12018200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$16.1 M
Jul 2011 – May 2026
Value, last 12 filed months
$290 k
at the published price for each month
Months reported
179
no gaps in the span
Streams
2
oil, casinghead 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 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
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 2013-04-09.

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: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

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
OilDisposition196,672 bbl$15,054,753
Casinghead gasProduction304,662 Mcf$998,799
Total$16,053,552

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 28.4806, -98.5786. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.48061, -98.57858 · 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
11,065 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 11,065 ft.

Completions filed
May 2012
1 of 1 wells

1 well

42-31134518A 1H11,065 ftMay 2012

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 (179)

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

179 months

May 20265971,694106.413.05$68,686
Apr 20260098.932.87$0
Mar 2026024989.753.15$784
Feb 20263261,22563.503.75$25,295
Jan 20263051,32259.138.00$28,608
Dec 202531497656.664.41$22,099
Nov 202532281858.593.93$22,078
Oct 202530790059.383.30$21,204
Sep 202532648462.743.08$21,942
Aug 202532771763.933.01$23,067
Jul 202546865666.743.32$33,409
Jun 202532443666.483.13$22,904
May 202534167360.553.23$22,823
Apr 202549446162.363.54$32,439
Mar 20251737067.704.27$12,011
Feb 20253416870.884.34$24,465
Jan 202533118774.324.28$25,400
Dec 202451830768.993.12$36,695
Nov 20243225169.052.20$22,346
Oct 20243267171.372.28$23,429
Sep 20243175369.612.36$22,192
Aug 202430433675.632.06$23,685
Jul 202445539279.932.15$37,210
Jun 202431655178.082.63$26,125
May 20243416378.812.20$27,013
Apr 202483494984.451.66$72,006
Mar 202430692480.301.55$26,000
Feb 20241749776.091.78$13,413
Jan 20240073.023.30$0
Dec 202334157571.262.61$25,801
Nov 202352864477.892.81$42,934
Oct 202333751785.443.09$30,389
Sep 202351046489.042.74$46,679
Aug 202333648780.522.67$28,356
Jul 202336450774.852.64$28,585
Jun 202337189368.962.26$27,601
May 202334285270.622.23$26,050
Apr 202336064378.122.24$29,562
Mar 202334757772.852.39$26,660
Feb 20237321,14875.112.47$57,811
Jan 2023013676.533.39$461
Dec 202235152476.415.73$29,822
Nov 202250731785.005.65$44,885
Oct 202233616787.185.86$30,272
Sep 202236556884.888.16$35,618
Aug 202235044694.529.13$37,153
Jul 2022540483101.587.54$58,496
Jun 2022351428115.097.98$43,811
May 2022339441109.378.43$40,795
Apr 2022539776104.226.84$61,481
Mar 2022531640108.885.08$61,064
Feb 202252576691.054.86$51,523
Jan 202236437881.844.54$31,505
Dec 202134122171.323.90$25,182
Nov 202152158277.435.24$43,389
Oct 202135726179.795.71$29,976
Sep 202135527469.865.35$26,266
Aug 202133474966.024.22$25,212
Jul 202153867470.783.98$40,764
Jun 202153985369.493.38$40,339
May 202135070163.483.02$24,333
Apr 202134584760.362.76$23,161
Mar 202152672861.302.72$34,222
Feb 202134763657.805.55$23,585
Jan 202152597250.412.81$29,197
Dec 202037088244.642.68$18,877
Nov 202053279038.772.71$22,764
Oct 202053177836.972.48$21,559
Sep 202052590637.091.99$21,276
Aug 202052834939.982.39$21,942
Jul 20205521,26238.371.83$23,484
Jun 20208791,28134.901.69$32,842
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202055198330.341.86$18,542
Feb 20205531,84849.881.98$31,244
Jan 20209211,91557.252.09$56,739
Dec 201937057759.012.30$23,163
Nov 20197391,02555.302.75$43,686
Oct 201918429953.472.42$10,562
Sep 201929231055.052.66$16,898
Aug 201918210853.112.30$9,915
Jul 201953292656.272.46$32,214
Jun 201955173752.782.49$30,918
May 201954963758.482.74$33,851
Apr 201953655862.632.75$35,105
Mar 201953458856.803.06$32,132
Feb 201953460050.852.79$28,829
Jan 201954655946.033.23$26,937
Dec 201853754546.594.19$27,300
Nov 201853133052.934.24$29,504
Oct 201853572761.443.40$35,341
Sep 201863466459.543.11$39,812
Aug 201867479959.403.07$42,486
Jul 201851179765.142.93$35,623
Jun 201865086560.183.08$41,779
May 201871668265.382.90$48,790
Apr 201852171963.842.90$35,346
Mar 201870192461.222.79$45,490
Feb 20185241,06061.782.77$35,305
Jan 20187511,17262.874.01$51,914
Dec 20177041,17957.272.92$43,763
Nov 20177191,30055.423.12$43,901
Oct 20176641,14849.292.98$36,154
Sep 20178801,16547.523.09$45,414
Aug 20175591,21945.373.00$29,024
Jul 201782496643.873.09$39,131
Jun 20177131,26342.493.09$34,195
May 20179051,65945.373.26$46,474
Apr 20177041,24847.933.21$37,751
Mar 20179171,13346.772.98$46,269
Feb 20177471,05750.452.95$40,807
Jan 20177601,10849.413.42$41,340
Dec 20169111,21148.763.72$48,929
Nov 20169231,22342.492.64$42,452
Oct 20169081,88846.193.09$47,775
Sep 20168641,73941.553.10$41,291
Aug 20169171,82241.442.92$43,329
Jul 20161,0871,92541.622.92$50,870
Jun 20169271,74045.352.69$46,713
May 20169142,01742.521.99$42,879
Apr 20161,1152,05936.561.99$44,864
Mar 20161,1522,37033.011.79$42,279
Feb 20161,1181,73526.472.06$33,174
Jan 20161,4371,72127.352.36$43,371
Dec 20158831,08132.362.00$30,737
Nov 20151,2532,66238.792.17$54,373
Oct 20151,2462,68043.552.43$60,767
Sep 20151,9502,75142.992.76$91,419
Aug 201535284140.162.87$16,552
Jul 20158811,46448.152.95$46,732
Jun 20150056.152.88$0
May 201571363055.212.96$41,227
Apr 20151,0691,89349.822.71$58,381
Mar 20151,4102,21542.892.93$66,975
Feb 20151,2602,03044.662.98$62,313
Jan 20151,9923,24343.433.10$96,568
Dec 201489269754.693.59$51,287
Nov 20141,2701,92570.464.25$97,669
Oct 20141,4451,83678.303.90$120,306
Sep 20141,4222,18486.164.05$131,355
Aug 20141,6252,73989.394.04$156,311
Jul 20141,9763,40996.564.18$205,051
Jun 20141,8162,65698.164.74$190,840
May 20142,1612,90794.734.73$218,452
Apr 20141,7933,48895.944.81$188,795
Mar 20142,7174,69195.895.06$284,255
Feb 20141,2712,09197.406.19$136,743
Jan 20142,3623,91490.404.86$232,550
Dec 20131,9903,59091.824.35$198,354
Nov 20131,7941,99388.853.74$166,847
Oct 20132,1533,23497.423.78$221,968
Sep 20131,0692,191104.113.72$119,439
Aug 20132,8984,539104.253.52$318,106
Jul 20132,1513,255102.523.72$232,622
Jun 20133,2175,38394.403.93$324,858
May 20132,5074,14494.834.15$254,933
Apr 20134,3067,16793.964.28$435,285
Mar 20131,6182,42993.623.91$160,982
Feb 20134,4967,48091.233.42$435,751
Jan 20133,9457,11191.603.42$385,681
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20124,9139,63789.383.40$471,887
Sep 20127,21713,58594.672.92$722,880
Aug 20129,03717,21692.662.91$887,435
Jul 201213,56720,70885.133.02$1,217,513
Jun 201217,73923,37379.822.52$1,474,805
May 201213,89814,29691.612.49$1,308,769
Apr 20120602101.652.00$1,202
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0

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
Oil                  597 bbl  × $106.41 =    $63,527
Casinghead gas     1,694 Mcf  × $  3.05 =     $5,160

────────────────────────────────────────────────────
Month total                                  $68,686

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/O/15573 is the state's own key, not one this site invented.