NICHOLS 01

Operated by MARATHON OIL EF LLC (P-5 525398) in the SUGARKANE (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 269684District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.5 M
Feb 2013 – May 2026
Value, last 12 filed months
$91 k
at the published price for each month
Months reported
160
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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
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 80 acres. The field rule took effect on 2017-10-10.

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: GAS WELLS

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 Gas112013-12-17211353
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
CondensateDisposition81,375 bbl$6,438,909
GasProduction571,377 Mcf$2,079,112
Total$8,518,021

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 28.5266, -98.2585. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.52662, -98.25853 · 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
12,850 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 12,850 ft.

Completions filed
Feb 2013
1 of 1 wells

1 well

42-2973527001H12,850 ftFeb 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 (160)

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

160 months

May 20261492,278106.413.05$22,794
Apr 20261112598.932.87$1,447
Mar 20261013389.753.15$1,316
Feb 20260063.503.75$0
Jan 20261620459.138.00$2,578
Dec 2025911756.664.41$1,026
Nov 20251201,28558.593.93$12,076
Oct 2025871,30259.383.30$9,469
Sep 2025871,26862.743.08$9,360
Aug 2025851,28763.933.01$9,314
Jul 2025951,31466.743.32$10,696
Jun 2025961,30666.483.13$10,468
May 20259592360.553.23$8,736
Apr 20259892662.363.54$9,392
Mar 20259294567.704.27$10,262
Feb 20258986370.884.34$10,054
Jan 20259694474.324.28$11,174
Dec 202410298468.993.12$10,108
Nov 20241051,04569.052.20$9,548
Oct 202410399771.372.28$9,626
Sep 20241061,00469.612.36$9,752
Aug 202410596775.632.06$9,937
Jul 20241101,04079.932.15$11,025
Jun 20249998478.082.63$10,322
May 20241011,01878.812.20$10,198
Apr 20249799184.451.66$9,836
Mar 20241011,01480.301.55$9,677
Feb 202410294676.091.78$9,449
Jan 20241231,09873.023.30$12,602
Dec 202310590871.262.61$9,853
Nov 202310794477.892.81$10,985
Oct 20239590985.443.09$10,923
Sep 20231051,00789.042.74$12,103
Aug 20231261,17780.522.67$13,292
Jul 202301,80674.852.64$4,771
Jun 20230368.962.26$7
May 202301670.622.23$36
Apr 202303278.122.24$72
Mar 2023089072.852.39$2,130
Feb 202311092775.112.47$10,548
Jan 20231241,07976.533.39$13,145
Dec 20221221,14476.415.73$15,876
Nov 20221091,06185.005.65$15,256
Oct 20221341,10987.185.86$18,185
Sep 20221051,14584.888.16$18,260
Aug 2022871,08994.529.13$18,163
Jul 202289979101.587.54$16,424
Jun 20221181,437115.097.98$25,044
May 20221391,530109.378.43$28,105
Apr 20221281,352104.226.84$22,585
Mar 20221991,471108.885.08$29,135
Feb 20221221,25991.054.86$17,225
Jan 20221441,46381.844.54$18,424
Dec 20211901,48571.323.90$19,341
Nov 20211451,59077.435.24$19,554
Oct 20211461,53079.795.71$20,392
Sep 20211811,59269.865.35$21,163
Aug 20211921,71266.024.22$19,901
Jul 20211751,73770.783.98$19,303
Jun 20211621,60969.493.38$16,697
May 20211691,75463.483.02$16,021
Apr 20211711,69260.362.76$14,989
Mar 20211901,75361.302.72$16,410
Feb 20211621,53957.805.55$17,902
Jan 20211831,77950.412.81$14,225
Dec 20201831,77944.642.68$12,929
Nov 20201681,75038.772.71$11,250
Oct 20201751,80836.972.48$10,951
Sep 20201661,79337.091.99$9,727
Aug 20201741,91339.982.39$11,519
Jul 20201741,90738.371.83$10,157
Jun 20201741,83834.901.69$9,179
May 20201811,92716.921.81$6,560
Apr 20201651,85914.751.80$5,788
Mar 20201521,86030.341.86$8,064
Feb 20201421,56849.881.98$10,189
Jan 20201841,89657.252.09$14,506
Dec 20191852,05559.012.30$15,652
Nov 20191722,04155.302.75$15,126
Oct 20191301,69053.472.42$11,038
Sep 20191981,94455.052.66$16,066
Aug 20192052,01853.112.30$15,538
Jul 20192102,00456.272.46$16,747
Jun 20192012,00852.782.49$15,611
May 20192142,08358.482.74$18,223
Apr 20192162,06462.632.75$19,206
Mar 20191831,95456.803.06$16,378
Feb 20192031,93750.852.79$15,731
Jan 20192262,14346.033.23$17,321
Dec 20182252,15746.594.19$19,511
Nov 20182262,15752.934.24$21,102
Oct 20182322,21361.443.40$21,774
Sep 20182342,19859.543.11$20,764
Aug 20182572,61359.403.07$23,279
Jul 20181551,55765.142.93$14,662
Jun 20182362,21460.183.08$21,015
May 20182452,27565.382.90$22,617
Apr 20182492,24763.842.90$22,414
Mar 20182752,28861.222.79$23,212
Feb 20182472,05961.782.77$20,955
Jan 20182892,39362.874.01$27,764
Dec 20172842,38657.272.92$23,235
Nov 20172452,13155.423.12$20,223
Oct 20172802,44049.292.98$21,081
Sep 20173092,83547.523.09$23,436
Aug 20172952,78945.373.00$21,763
Jul 20173663,09143.873.09$25,599
Jun 20173192,76342.493.09$22,084
May 20173142,70745.373.26$23,080
Apr 20173072,62647.933.21$23,148
Mar 20173172,69746.772.98$22,873
Feb 20172852,44650.452.95$21,600
Jan 20173002,68349.413.42$23,996
Dec 20162882,74548.763.72$24,262
Nov 20163643,39942.492.64$24,455
Oct 20163803,55646.193.09$28,541
Sep 20163303,47941.553.10$24,499
Aug 20163913,61341.442.92$26,769
Jul 20164204,13141.622.92$29,561
Jun 20164704,80045.352.69$34,206
May 20165194,55042.521.99$31,127
Apr 20164423,41136.561.99$22,951
Mar 20164993,58933.011.79$22,911
Feb 20165493,44326.472.06$21,637
Jan 20166073,67927.352.36$25,300
Dec 20156483,72932.362.00$28,433
Nov 20155443,61138.792.17$28,928
Oct 20155563,78343.552.43$33,394
Sep 20155483,69742.992.76$33,756
Aug 20155993,90140.162.87$35,261
Jul 20156003,80048.152.95$40,081
Jun 20156423,90856.152.88$47,315
May 20157434,10655.212.96$53,156
Apr 20157053,96849.822.71$45,863
Mar 20156203,75242.892.93$37,603
Feb 20152611,45544.662.98$15,987
Jan 20156114,55743.433.10$40,665
Dec 20145834,01854.693.59$46,314
Nov 20147235,19470.464.25$73,027
Oct 20149176,70278.303.90$97,945
Sep 20147504,84186.164.05$84,204
Aug 20148415,65089.394.04$97,975
Jul 20149046,23496.564.18$113,346
Jun 20149216,34398.164.74$120,451
May 20141,0236,97894.734.73$129,891
Apr 20141,0687,17595.944.81$136,969
Mar 20141,0797,41095.895.06$140,936
Feb 20141,0877,43497.406.19$151,905
Jan 20141,3629,36090.404.86$168,621
Dec 20131,63611,62191.824.35$200,821
Nov 20131,3129,53388.853.74$152,208
Oct 20131,93612,07497.423.78$234,237
Sep 20132,09614,269104.113.72$271,263
Aug 20132,66818,874104.253.52$344,625
Jul 20133,18320,081102.523.72$400,977
Jun 20133,92823,45694.403.93$463,065
May 20135,23529,90894.834.15$620,526
Apr 20136,49734,44593.964.28$757,972
Mar 201311,59551,62493.623.91$1,287,522
Feb 201303,87091.233.42$13,235

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           149 bbl  × $106.41 =    $15,855
Gas                2,278 Mcf  × $  3.05 =     $6,938

────────────────────────────────────────────────────
Month total                                  $22,794

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. 02/G/269684 is the state's own key, not one this site invented.