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NICHOLS 50

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 43014District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$7.0 M
Dec 2011 – May 2026
Value, last 12 filed months
$36
at the published price for each month
Months reported
174
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) field

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
OilDisposition74,106 bbl$5,447,230
Casinghead gasProduction458,984 Mcf$1,569,802
Total$7,017,032

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 32.3806, -101.6912. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.38059, -101.69118 · 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
10,625 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 10,612 and 10,638 ft, median 10,625 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2012 – Dec 2013
2 of 2 wells

2 wells

42-22737607210,638 ftDec 2013——
42-31737147110,612 ftMar 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 (174)

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

174 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 202501166.743.32$36
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
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 20240084.451.66$0
Mar 2024152080.301.55$12,206
Feb 20241076.091.78$76
Jan 20241573.023.30$90
Dec 202302971.262.61$76
Nov 202301477.892.81$39
Oct 20231085.443.09$85
Sep 202301789.042.74$47
Aug 20230680.522.67$16
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 202301878.122.24$40
Mar 202304172.852.39$98
Feb 202304875.112.47$118
Jan 202302976.533.39$98
Dec 202204376.415.73$246
Nov 20221711785.005.65$14,631
Oct 202202787.185.86$158
Sep 20220984.888.16$73
Aug 202202694.529.13$237
Jul 2022052101.587.54$392
Jun 2022337390115.097.98$41,896
May 20220342109.378.43$2,884
Apr 2022179793104.226.84$24,078
Mar 2022361989108.885.08$44,326
Feb 202218128391.054.86$17,855
Jan 202218370081.844.54$18,153
Dec 20213361,68371.323.90$30,526
Nov 20211691,51877.435.24$21,035
Oct 20213351,81979.795.71$37,123
Sep 20211691,61369.865.35$20,437
Aug 202116690666.024.22$14,783
Jul 20211711,37470.783.98$17,575
Jun 20211641,79769.493.38$17,471
May 20213392,15763.483.02$28,029
Apr 20211741,99360.362.76$16,000
Mar 20213421,91761.302.72$26,173
Feb 20211691,52257.805.55$18,212
Jan 20213362,32750.412.81$23,477
Dec 20203452,37244.642.68$21,747
Nov 20201622,35738.772.71$12,660
Oct 202035499836.972.48$15,561
Sep 2020163037.091.99$6,046
Aug 2020347039.982.39$13,873
Jul 2020374038.371.83$14,350
Jun 2020186034.901.69$6,491
May 2020342016.921.81$5,787
Apr 2020734014.751.80$10,827
Mar 20200030.341.86$0
Feb 20201931449.881.98$9,655
Jan 2020371057.252.09$21,240
Dec 2019201059.012.30$11,861
Nov 2019350055.302.75$19,355
Oct 2019191053.472.42$10,213
Sep 2019332055.052.66$18,277
Aug 201937466653.112.30$21,398
Jul 20192032,63456.272.46$17,903
Jun 20193602,67952.782.49$25,675
May 20193722,56958.482.74$28,794
Apr 20193612,37162.632.75$29,131
Mar 20193712,22856.803.06$27,895
Feb 20193951,68450.852.79$24,788
Jan 20193732,61046.033.23$25,595
Dec 20183631,56746.594.19$23,471
Nov 20185311,10452.934.24$32,784
Oct 20181652,44461.443.40$18,443
Sep 20183702,62459.543.11$30,185
Aug 20185252,48959.403.07$38,818
Jul 20181972,32065.142.93$19,635
Jun 20185541,19060.183.08$37,001
May 201802,89465.382.90$8,395
Apr 20183902,99763.842.90$33,591
Mar 20183943,17461.222.79$32,966
Feb 20181812,95461.782.77$19,353
Jan 20183953,18762.874.01$37,611
Dec 20173613,40757.272.92$30,628
Nov 20173582,34255.423.12$27,144
Oct 20173353,07449.292.98$25,684
Sep 20175233,48047.523.09$35,597
Aug 20171743,17245.373.00$17,424
Jul 20175283,26343.873.09$33,237
Jun 20173673,66042.493.09$26,893
May 20173643,94545.373.26$29,389
Apr 20175093,75847.933.21$36,466
Mar 20173563,92346.772.98$28,355
Feb 20173443,40850.452.95$27,417
Jan 20177053,96449.413.42$48,386
Dec 20165153,81548.763.72$39,314
Nov 20165383,73342.492.64$32,731
Oct 20163803,03046.193.09$26,916
Sep 20165703,18841.553.10$33,568
Aug 20161881,05041.442.92$10,861
Jul 20161832,87041.622.92$16,009
Jun 20163404,64545.352.69$27,895
May 20167004,90842.521.99$39,536
Apr 20165444,83136.561.99$29,507
Mar 20165804,49733.011.79$27,213
Feb 20165074,09626.472.06$21,873
Jan 20165484,60327.352.36$25,871
Dec 20157474,48332.362.00$33,145
Nov 20151833,54838.792.17$14,788
Oct 20151833,97643.552.43$17,618
Sep 20155305,39642.992.76$37,669
Aug 20155185,61340.162.87$36,926
Jul 20158875,72248.152.95$59,561
Jun 2015355,80856.152.88$18,709
May 20157086,13755.212.96$57,226
Apr 20157256,04849.822.71$52,489
Mar 20157195,93042.892.93$48,241
Feb 20155475,96344.662.98$42,176
Jan 20151,0856,59043.433.10$67,555
Dec 20145417,34754.693.59$55,973
Nov 20147217,14670.464.25$81,185
Oct 20141,0737,91178.303.90$114,876
Sep 20145397,26286.164.05$75,818
Aug 20148939,11389.394.04$116,597
Jul 20141,43010,24796.564.18$180,909
Jun 20148948,65498.164.74$128,748
May 20149847,94494.734.73$130,762
Apr 20141,28210,43395.944.81$173,169
Mar 20142,03911,55695.895.06$253,956
Feb 20141,2737,98597.406.19$173,433
Jan 20141,7827,86190.404.86$199,303
Dec 20131,5377,07091.824.35$171,914
Nov 20134,01213,29988.853.74$406,182
Oct 20136795,00697.423.78$85,068
Sep 20133443,873104.113.72$50,213
Aug 20136883,916104.253.52$85,519
Jul 20133464,367102.523.72$51,707
Jun 20136884,31894.403.93$81,932
May 20139973,72594.834.15$110,001
Apr 20133503,12293.964.28$46,256
Mar 20137094,18193.623.91$82,736
Feb 20135252,85391.233.42$57,653
Jan 20131,0193,16691.603.42$104,168
Dec 20121,0683,15086.773.42$103,444
Nov 20128665,14086.953.62$93,931
Oct 20129045,90689.383.40$100,878
Sep 20121,1435,52794.672.92$124,338
Aug 20129173,95792.662.91$96,477
Jul 20121,0916,35585.133.02$112,074
Jun 20121,4637,81879.822.52$136,471
May 20121,4749,86091.612.49$159,568
Apr 20121,4625,307101.652.00$159,209
Mar 20121,4675,593105.052.22$166,536
Feb 20122,3997,220101.102.57$261,096
Jan 20121,1672,19898.092.73$120,481
Dec 201108196.873.24$262

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.

Jul 2025 — as filed, then multipliedworked
Oil                    0 bbl  × $ 66.74 =         $0
Casinghead gas        11 Mcf  × $  3.32 =        $36

────────────────────────────────────────────────────
Month total                                      $36

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/43014 is the state's own key, not one this site invented.