NICHOLS

Operated by APACHE CORPORATION (P-5 27200) in the GARDEN CITY, NW (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45971District 08Field 33997700OilCasinghead gasSaveExport
Value, all time
$6.2 M
Feb 2014 – May 2026
Value, last 12 filed months
$127 k
at the published price for each month
Months reported
148
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 26 leases and 29 wells, and the rule below applies to all of them.

Discovered
1984-01-15
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: TO BE CANCELLED THROUGH MARCH 2024. EFFECTIVE 3/19/24

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
OilDisposition70,126 bbl$4,810,891
Casinghead gasProduction403,632 Mcf$1,389,109
Total$6,199,999

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 31.9446, -101.5370. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94461, -101.53695 · 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
10,193 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 10,193 ft.

Completions filed
Feb 2014
1 of 1 wells

1 well

42-173361652211H10,193 ftFeb 2014

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 (148)

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

148 months

May 20261341,128106.413.05$17,695
Apr 20261531,54198.932.87$19,559
Mar 20261691,60089.753.15$20,207
Feb 20261601,40663.503.75$15,433
Jan 202642459.138.00$428
Dec 2025525856.664.41$3,202
Nov 202511049458.593.93$8,385
Oct 20257469159.383.30$6,678
Sep 202511369762.743.08$9,234
Aug 2025921,14063.933.01$9,318
Jul 20257955766.743.32$7,119
Jun 202511747066.483.13$9,249
May 20255035860.553.23$4,185
Apr 20259260662.363.54$7,884
Mar 20257763367.704.27$7,915
Feb 20256362070.884.34$7,157
Jan 20257877774.324.28$9,121
Dec 20246566168.993.12$6,548
Nov 202410170269.052.20$8,517
Oct 20245373071.372.28$5,448
Sep 20241141,00369.612.36$10,307
Aug 20241271,18075.632.06$12,040
Jul 20241501,05479.932.15$14,252
Jun 20249191478.082.63$9,513
May 202423097578.812.20$20,270
Apr 202415993484.451.66$14,977
Mar 202421398580.301.55$18,626
Feb 202424792376.091.78$20,441
Jan 2024831,03873.023.30$9,484
Dec 2023611,64871.262.61$8,649
Nov 2023621,83977.892.81$9,992
Oct 20231921,23685.443.09$20,220
Sep 20231271,36489.042.74$15,039
Aug 20232621,68780.522.67$25,605
Jul 20231851,74874.852.64$18,465
Jun 20231361,39668.962.26$12,531
May 202313395170.622.23$11,511
Apr 202310729278.122.24$9,012
Mar 20239134472.852.39$7,453
Feb 2023971,14475.112.47$10,106
Jan 2023611,27876.533.39$8,998
Dec 2022301,29676.415.73$9,717
Nov 2022331,44985.005.65$10,986
Oct 2022851,14287.185.86$14,107
Sep 2022911,48184.888.16$19,814
Aug 20221812,31994.529.13$38,274
Jul 20221562,245101.587.54$32,778
Jun 20221982,335115.097.98$41,415
May 20222092,380109.378.43$42,929
Apr 20222011,949104.226.84$34,275
Mar 20221821,880108.885.08$29,360
Feb 20221881,78191.054.86$25,771
Jan 20221572,24981.844.54$23,054
Dec 20211872,27071.323.90$22,188
Nov 20212141,92677.435.24$26,656
Oct 20212412,14479.795.71$31,480
Sep 20212502,31569.865.35$29,852
Aug 20212502,21466.024.22$25,849
Jul 20212272,28770.783.98$25,174
Jun 20212232,42269.493.38$23,684
May 20212962,55463.483.02$26,497
Apr 20212702,29760.362.76$22,633
Mar 20212832,58361.302.72$24,366
Feb 20211481,71357.805.55$18,058
Jan 20212772,52450.412.81$21,057
Dec 20202052,45744.642.68$15,725
Nov 20201412,13938.772.71$11,256
Oct 20201391,81836.972.48$9,645
Sep 2020981,29137.091.99$6,205
Aug 2020701,32139.982.39$5,949
Jul 2020441,56738.371.83$4,548
Jun 2020521,55034.901.69$4,435
May 20201082,12216.921.81$5,678
Apr 20202242,45814.751.80$7,739
Mar 20202812,76830.341.86$13,664
Feb 20202392,63549.881.98$17,140
Jan 20202712,90257.252.09$21,594
Dec 20192963,22759.012.30$24,903
Nov 20192893,53755.302.75$25,711
Oct 20192673,75753.472.42$23,363
Sep 20193193,86255.052.66$27,823
Aug 20192993,98253.112.30$25,056
Jul 20192554,14256.272.46$24,538
Jun 20192994,01052.782.49$25,771
May 20193004,47458.482.74$29,804
Apr 20193014,75162.632.75$31,920
Mar 20193294,85656.803.06$33,557
Feb 20192754,69150.852.79$27,082
Jan 20193425,11346.033.23$32,248
Dec 20183195,13346.594.19$36,346
Nov 20182984,94252.934.24$36,714
Oct 20183285,00661.443.40$37,163
Sep 20183215,11859.543.11$35,019
Aug 20183325,48459.403.07$36,538
Jul 20183415,88765.142.93$39,473
Jun 20184035,55160.183.08$41,333
May 20184174,47665.382.90$40,247
Apr 20183331,46163.842.90$25,497
Mar 20182781,50161.222.79$21,202
Feb 20182581,38161.782.77$19,759
Jan 20183181,83762.874.01$27,358
Dec 20173901,86257.272.92$27,775
Nov 20173952,02155.423.12$28,193
Oct 20173551,64649.292.98$22,409
Sep 20173751,85047.523.09$23,531
Aug 20174062,26645.373.00$25,228
Jul 20173671,97643.873.09$22,201
Jun 20173732,19342.493.09$22,619
May 20174182,82745.373.26$28,190
Apr 20173302,32147.933.21$23,271
Mar 20173841,72646.772.98$23,110
Feb 20173881,81050.452.95$24,919
Jan 20173541,79949.413.42$23,642
Dec 20162541,67848.763.72$18,632
Nov 20164591,53442.492.64$23,559
Oct 20165662,70946.193.09$34,515
Sep 20165103,17641.553.10$31,038
Aug 20164582,64641.442.92$26,717
Jul 20165442,23441.622.92$29,174
Jun 20166512,01345.352.69$34,929
May 20166622,21342.521.99$32,554
Apr 20165882,49636.561.99$26,467
Mar 20166372,82533.011.79$26,095
Feb 20166712,76526.472.06$23,467
Jan 20167312,36327.352.36$25,580
Dec 20158034,32632.362.00$34,643
Nov 20158395,23038.792.17$43,880
Oct 20158594,93943.552.43$49,394
Sep 20157644,13342.992.76$44,245
Aug 20158484,52340.162.87$47,048
Jul 20156884,43448.152.95$46,186
Jun 20157624,90856.152.88$56,935
May 20156234,38855.212.96$47,364
Apr 20157303,13049.822.71$44,840
Mar 20151,4455,36742.892.93$77,727
Feb 20151,3975,93244.662.98$80,045
Jan 20151,5064,57843.433.10$79,600
Dec 20141,5535,13054.693.59$103,357
Nov 20141,4344,62570.464.25$120,704
Oct 20141,7246,14578.303.90$158,961
Sep 20142,0797,33686.164.05$208,804
Aug 20142,2298,70289.394.04$234,364
Jul 20142,4737,89296.564.18$271,778
Jun 20143,25810,53198.164.74$369,689
May 20144,00812,03894.734.73$436,576
Apr 20144,0436,62795.944.81$419,755
Mar 20145,77513,25595.895.06$620,793
Feb 201429072697.406.19$32,741

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                  134 bbl  × $106.41 =    $14,259
Casinghead gas     1,128 Mcf  × $  3.05 =     $3,436

────────────────────────────────────────────────────
Month total                                  $17,695

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/45971 is the state's own key, not one this site invented.