NICHOLS

Operated by NEW HEIGHT ENERGY, LLC (P-5 100152) 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 40586District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$4.3 M
Oct 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
188
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
OilDisposition51,821 bbl$3,580,699
Casinghead gasProduction215,256 Mcf$741,109
Total$4,321,807

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 32.3703, -101.6706. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.37028, -101.67065 · 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
10,706 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 10,525 and 10,886 ft, median 10,706 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2010 – Aug 2012
2 of 2 wells

2 wells

42-2273691249P10,525 ftAug 2012
42-22736391110,886 ftOct 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 (188)

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

188 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202501,82967.704.27$7,807
Feb 202501,65270.884.34$7,171
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024178084.451.66$15,032
Mar 20240080.301.55$0
Feb 20248076.091.78$609
Jan 2024146073.023.30$10,661
Dec 2023187071.262.61$13,326
Nov 202314077.892.81$1,090
Oct 20230085.443.09$0
Sep 2023182089.042.74$16,205
Aug 20230080.522.67$0
Jul 2023163074.852.64$12,201
Jun 202311068.962.26$759
May 20230070.622.23$0
Apr 2023186078.122.24$14,530
Mar 202312072.852.39$874
Feb 20230075.112.47$0
Jan 2023187076.533.39$14,311
Dec 20220076.415.73$0
Nov 2022184085.005.65$15,640
Oct 2022177087.185.86$15,431
Sep 20223084.888.16$255
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221810104.226.84$18,864
Mar 202220108.885.08$218
Feb 20221771,51291.054.86$23,462
Jan 20221881,67981.844.54$23,005
Dec 202101,67971.323.90$6,547
Nov 20211731,62577.435.24$21,905
Oct 202101,67979.795.71$9,594
Sep 20211631,62569.865.35$20,082
Aug 20211661,67966.024.22$18,046
Jul 202101,67970.783.98$6,686
Jun 20211831,62569.493.38$18,210
May 20211721,67963.483.02$15,985
Apr 20211691,62560.362.76$14,683
Mar 20211651,67961.302.72$14,676
Feb 20211751,51757.805.55$18,531
Jan 20211761,67950.412.81$13,591
Dec 20201821,67944.642.68$12,617
Nov 20203421,62538.772.71$17,658
Oct 20201541,68036.972.48$9,857
Sep 20203221,62437.091.99$15,176
Aug 20203401,67939.982.39$17,598
Jul 2020358038.371.83$13,736
Jun 2020374034.901.69$13,053
May 20207571,67916.921.81$15,855
Apr 20207561,40014.751.80$13,677
Mar 20203661,05230.341.86$13,057
Feb 20201981,03649.881.98$11,928
Jan 20205711,09157.252.09$34,975
Dec 201976274859.012.30$46,689
Nov 201956572455.302.75$33,236
Oct 2019364053.472.42$19,463
Sep 2019154055.052.66$8,478
Aug 201954074853.112.30$30,403
Jul 20193661,11156.272.46$23,328
Jun 201938877552.782.49$22,409
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019198756.803.06$11,268
Feb 2019727750.852.79$36,988
Jan 20197166546.033.23$33,167
Dec 2018868046.594.19$40,440
Nov 2018913052.934.24$48,325
Oct 2018915061.443.40$56,218
Sep 2018224859.543.11$13,362
Aug 20181,7321,06059.403.07$106,131
Jul 201816734865.142.93$11,899
Jun 20183411,26660.183.08$24,417
May 20185092,20065.382.90$39,660
Apr 20185172,59363.842.90$40,527
Mar 20186822,15861.222.79$47,766
Feb 201834299261.782.77$23,873
Jan 201816942562.874.01$12,329
Dec 2017058657.272.92$1,712
Nov 201717444555.423.12$11,031
Oct 2017029949.292.98$892
Sep 201718239347.523.09$9,862
Aug 2017048545.373.00$1,457
Jul 201717950143.873.09$9,399
Jun 2017062742.493.09$1,936
May 201717974545.373.26$10,552
Apr 201717974547.933.21$10,972
Mar 2017077646.772.98$2,315
Feb 201718272150.452.95$11,311
Jan 2017087449.413.42$2,988
Dec 201618280048.763.72$11,853
Nov 201619083142.492.64$10,271
Oct 2016092246.193.09$2,849
Sep 201617193941.553.10$10,017
Aug 2016093241.442.92$2,725
Jul 20161761,52541.622.92$11,785
Jun 20161891,52545.352.69$12,667
May 20163692,83642.521.99$21,336
Apr 20163592,15836.561.99$17,422
Mar 20161762,62133.011.79$10,512
Feb 20165772,68426.472.06$20,812
Jan 20163583,04827.352.36$16,998
Dec 20155412,68732.362.00$22,885
Nov 20156894,35138.792.17$36,156
Oct 20151741,48743.552.43$11,186
Sep 20151821,49242.992.76$11,940
Aug 201501,56240.162.87$4,487
Jul 20155492,29148.152.95$33,182
Jun 20153642,89656.152.88$28,787
May 20153662,43355.212.96$27,397
Apr 20153452,22049.822.71$23,196
Mar 20153582,28842.892.93$22,069
Feb 20153652,01944.662.98$22,310
Jan 20153722,40043.433.10$23,597
Dec 20146993,03554.693.59$49,128
Nov 20143532,96470.464.25$37,475
Oct 20141,0812,63678.303.90$94,925
Sep 20141772,78986.164.05$26,533
Aug 20143673,30389.394.04$46,134
Jul 20145253,35896.564.18$64,729
Jun 20149963,40998.164.74$113,915
May 20143463,59794.734.73$49,778
Apr 20145343,45395.944.81$67,838
Mar 20143753,73395.895.06$54,836
Feb 20147663,65497.406.19$97,234
Jan 20147613,92790.404.86$87,882
Dec 20137333,55991.824.35$82,802
Nov 20135363,88988.853.74$62,162
Oct 20137494,43597.423.78$89,729
Sep 20136804,491104.113.72$87,491
Aug 20138524,848104.253.52$105,899
Jul 20132182,147102.523.72$30,331
Jun 20132601,86394.403.93$31,872
May 20131721,12094.834.15$20,958
Apr 201320792293.964.28$23,398
Mar 20132871,39293.623.91$32,316
Feb 201320263891.233.42$20,610
Jan 201330392691.603.42$30,922
Dec 20123441,04186.773.42$33,409
Nov 20122711,06286.953.62$27,413
Oct 20126251,23489.383.40$60,058
Sep 20124241,27694.672.92$43,864
Aug 201218180092.662.91$19,098
Jul 20121891,12685.133.02$19,491
Jun 20121851,35979.822.52$18,190
May 20123661,72891.612.49$37,829
Apr 20121881,941101.652.00$22,986
Mar 20123571,291105.052.22$40,372
Feb 20121841,725101.102.57$23,036
Jan 20123481,96098.092.73$39,494
Dec 20115601,95396.873.24$60,574
Nov 20111951,13295.723.31$22,414
Oct 201119321384.983.65$17,178
Sep 201118552383.623.99$17,554
Aug 20117221,55783.404.15$66,675
Jul 20115411,66694.144.52$58,455
Jun 201136829692.904.64$35,561
May 201117964298.134.40$20,393
Apr 20111,07388105.964.33$114,076
Mar 201136234196.364.06$36,266
Feb 201136061385.644.18$33,393
Jan 20111,2011,57286.504.59$111,100
Dec 20101,0702,39685.734.35$102,148
Nov 20102372,94480.843.80$30,333
Oct 2010032378.103.51$1,133

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.

Mar 2025 — as filed, then multipliedworked
Oil                    0 bbl  × $ 67.70 =         $0
Casinghead gas     1,829 Mcf  × $  4.27 =     $7,807

────────────────────────────────────────────────────
Month total                                   $7,807

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/40586 is the state's own key, not one this site invented.