NICHOLS "24"

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40041District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$5.4 M
Feb 2010 – May 2026
Value, last 12 filed months
$107 k
at the published price for each month
Months reported
196
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
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 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition69,800 bbl$5,205,317
Casinghead gasProduction60,099 Mcf$199,368
Total$5,404,685

Wells on this lease (2)

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 32.4646, -101.7819. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.46464, -101.78192 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,308 ft
2 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.
2100.0%

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

Between 10,285 and 10,330 ft, median 10,308 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2010 – Mar 2012
2 of 2 wells

2 wells

42-31737250310,330 ftMar 2012
42-31735364110,285 ftFeb 2010

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 (196)

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

196 months

May 20261800106.413.05$19,154
Apr 202633098.932.87$3,265
Mar 2026183089.753.15$16,424
Feb 2026193063.503.75$12,256
Jan 20261059.138.00$59
Dec 2025188056.664.41$10,652
Nov 2025186058.593.93$10,898
Oct 20250059.383.30$0
Sep 2025176062.743.08$11,042
Aug 2025178063.933.01$11,380
Jul 2025180066.743.32$12,013
Jun 20250066.483.13$0
May 2025185060.553.23$11,202
Apr 2025181062.363.54$11,287
Mar 2025120067.704.27$8,124
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024198068.993.12$13,660
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 2024196069.612.36$13,644
Aug 2024190075.632.06$14,370
Jul 2024366079.932.15$29,254
Jun 2024360078.082.63$28,109
May 20240078.812.20$0
Apr 2024190084.451.66$16,046
Mar 20240080.301.55$0
Feb 2024190076.091.78$14,457
Jan 2024572073.023.30$41,767
Dec 20230071.262.61$0
Nov 2023191077.892.81$14,877
Oct 2023186085.443.09$15,892
Sep 2023163089.042.74$14,514
Aug 2023186080.522.67$14,977
Jul 2023183074.852.64$13,698
Jun 20230068.962.26$0
May 2023173070.622.23$12,217
Apr 2023555078.122.24$43,357
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023363076.533.39$27,780
Dec 20220076.415.73$0
Nov 2022176085.005.65$14,960
Oct 2022180087.185.86$15,692
Sep 2022387084.888.16$32,849
Aug 2022193094.529.13$18,242
Jul 20221830101.587.54$18,589
Jun 202200115.097.98$0
May 20223800109.378.43$41,561
Apr 202200104.226.84$0
Mar 20221820108.885.08$19,816
Feb 2022385091.054.86$35,054
Jan 2022374081.844.54$30,608
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021200079.795.71$15,958
Sep 20210069.865.35$0
Aug 2021700066.024.22$46,214
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 2021381063.483.02$24,186
Apr 2021382060.362.76$23,058
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020162034.901.69$5,654
May 20200016.921.81$0
Apr 2020364014.751.80$5,369
Mar 2020565030.341.86$17,142
Feb 2020186049.881.98$9,278
Jan 202055621657.252.09$32,283
Dec 201956823659.012.30$34,062
Nov 201907255.302.75$198
Oct 201903653.472.42$87
Sep 201931916055.052.66$17,986
Aug 2019017653.112.30$406
Jul 201917324856.272.46$10,345
Jun 201917224052.782.49$9,676
May 2019024858.482.74$680
Apr 201918924062.632.75$12,497
Mar 201918324856.803.06$11,154
Feb 2019022450.852.79$625
Jan 2019024846.033.23$801
Dec 201871124846.594.19$34,163
Nov 201878124052.934.24$42,355
Oct 2018024861.443.40$843
Sep 2018013459.543.11$416
Aug 20183881759.403.07$23,099
Jul 20180065.142.93$0
Jun 2018189060.183.08$11,374
May 2018388065.382.90$25,367
Apr 2018346063.842.90$22,089
Mar 2018193061.222.79$11,815
Feb 2018175061.782.77$10,812
Jan 2018400062.874.01$25,148
Dec 2017182057.272.92$10,423
Nov 2017180055.423.12$9,976
Oct 2017357049.292.98$17,597
Sep 2017176447.523.09$8,376
Aug 2017351045.373.00$15,925
Jul 201735025743.873.09$16,148
Jun 201755461342.493.09$25,432
May 201735673045.373.26$18,534
Apr 2017072647.933.21$2,332
Mar 201735270546.772.98$18,567
Feb 201735466850.452.95$19,832
Jan 201736065849.413.42$20,037
Dec 201636269348.763.72$20,231
Nov 201653073842.492.64$24,471
Oct 201653477146.193.09$27,048
Sep 201635276541.553.10$16,998
Aug 201635579541.442.92$17,036
Jul 201635279141.622.92$16,963
Jun 201635777345.352.69$18,266
May 201636878142.521.99$17,202
Apr 201636378736.561.99$14,838
Mar 201635481133.011.79$13,140
Feb 201636067126.472.06$10,914
Jan 201672374627.352.36$21,538
Dec 201535374232.362.00$12,908
Nov 201569981038.792.17$28,870
Oct 2015086043.552.43$2,087
Sep 201535582342.992.76$17,532
Aug 201570884040.162.87$30,846
Jul 201535084548.152.95$19,341
Jun 201569862856.152.88$41,003
May 2015072455.212.96$2,140
Apr 201571466049.822.71$37,358
Mar 201535340542.892.93$16,329
Feb 201571264144.662.98$33,706
Jan 201535651743.433.10$17,064
Dec 201434771454.693.59$21,542
Nov 201435853470.464.25$27,495
Oct 201470277978.303.90$58,005
Sep 201435458886.164.05$32,879
Aug 201434941389.394.04$32,864
Jul 201470212496.564.18$68,303
Jun 201435826498.164.74$36,392
May 201470556094.734.73$69,432
Apr 201436257995.944.81$37,515
Mar 201436159095.895.06$37,600
Feb 201468850797.406.19$70,151
Jan 201470936290.404.86$65,853
Dec 201352223291.824.35$48,940
Nov 201337175888.853.74$35,797
Oct 201372829697.423.78$72,040
Sep 2013345758104.113.72$38,736
Aug 20131,043454104.253.52$110,332
Jul 2013344667102.523.72$37,747
Jun 201369751594.403.93$67,823
May 201371227194.834.15$68,643
Apr 201368935293.964.28$66,246
Mar 201351241193.623.91$49,542
Feb 201351871891.233.42$49,713
Jan 20131,05371891.603.42$98,910
Dec 201272554386.773.42$64,765
Nov 20121,0761,10986.953.62$97,578
Oct 201273064289.383.40$67,430
Sep 20128971,43094.672.92$89,092
Aug 20127211,39592.662.91$70,865
Jul 20121,05162085.133.02$91,345
Jun 20121,4251,02079.822.52$116,313
May 20121,4121,25291.612.49$132,469
Apr 20122,1141,553101.652.00$217,989
Mar 2012669588105.052.22$71,585
Feb 2012369396101.102.57$38,324
Jan 201236352198.092.73$37,031
Dec 201139256296.873.24$39,794
Nov 201153449295.723.31$52,744
Oct 201134940284.983.65$31,125
Sep 201135238483.623.99$30,965
Aug 201134925383.404.15$30,156
Jul 201169315294.144.52$65,926
Jun 201168512792.904.64$64,226
May 2011019398.134.40$850
Apr 2011682178105.964.33$73,036
Mar 201135030396.364.06$34,955
Feb 201168956585.644.18$61,368
Jan 201117137586.504.59$16,512
Dec 201085244785.734.35$74,985
Nov 201034444980.843.80$29,513
Oct 201086963178.103.51$70,083
Sep 201066586372.633.98$51,733
Aug 201033797873.684.42$29,152
Jul 20106821,05772.554.74$54,486
Jun 20107011,26670.364.91$55,539
May 20101,0201,37671.124.24$78,370
Apr 20101,06612081.694.12$87,576
Mar 20101,70012478.394.39$133,807
Feb 2010011273.585.44$610

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                  180 bbl  × $106.41 =    $19,154
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $19,154

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. 08/O/40041 is the state's own key, not one this site invented.