NICHOLS WEST D

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 56708District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$65.4 M
Dec 2021 – May 2026
Value, last 12 filed months
$2.9 M
at the published price for each month
Months reported
54
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
OilDisposition745,483 bbl$58,505,018
Casinghead gasProduction2,215,254 Mcf$6,862,137
Total$65,367,154

Wells on this lease (3)

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 32.4068, -101.6876. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.40678, -101.68764 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
8,184 ft
3 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.
3100.0%

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 7,776 and 8,506 ft, median 8,184 ft, over the 3 wells that filed a depth.

Completions filed
Sep 2022
3 of 3 wells

3 wells

42-227413471WB8,506 ftSep 2022
42-227413461WA8,184 ftSep 2022
42-227413481LS7,776 ftSep 2022

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 (54)

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

54 months

May 20262,35127,458106.413.05$333,803
Apr 20261,10910,56798.932.87$140,038
Mar 20261,98923,24789.753.15$251,728
Feb 20268198,80563.503.75$85,028
Jan 20262,23923,60359.138.00$321,167
Dec 20253,08332,96056.664.41$320,147
Nov 20252,90232,27158.593.93$296,738
Oct 20251,73617,84359.383.30$162,052
Sep 20251,76418,91662.743.08$168,876
Aug 20252,75616,46963.933.01$225,841
Jul 20253,09627,21166.743.32$296,837
Jun 20253,25735,14466.483.13$326,481
May 20252,33436,66860.553.23$259,846
Apr 20253,02045,34962.363.54$349,004
Mar 20253,58739,03967.704.27$409,471
Feb 20253,83441,26770.884.34$450,887
Jan 20253,64848,93674.324.28$480,501
Dec 20245,32647,15468.993.12$514,626
Nov 20246,47546,81669.052.20$550,021
Oct 20242,1558,83071.372.28$173,947
Sep 20248,26156,47869.612.36$708,583
Aug 20245,72962,37875.632.06$562,009
Jul 20246,95262,10279.932.15$688,981
Jun 20248,27862,82778.082.63$811,831
May 20248,50761,64678.812.20$805,962
Apr 20247,21743,84984.451.66$682,230
Mar 20247,36152,73280.301.55$672,566
Feb 20249,06947,57276.091.78$774,912
Jan 20249,74059,89773.023.30$908,735
Dec 202310,98666,02971.262.61$955,246
Nov 202310,88866,17777.892.81$1,033,862
Oct 202312,37670,57585.443.09$1,275,290
Sep 202316,05369,06889.042.74$1,618,263
Aug 202320,83689,54280.522.67$1,917,050
Jul 202321,47886,65474.852.64$1,836,551
Jun 202324,66978,82868.962.26$1,879,206
May 202328,00176,32570.622.23$2,147,437
Apr 202332,23070,10478.122.24$2,674,684
Mar 202342,12677,51772.852.39$3,254,390
Feb 202339,30374,96775.112.47$3,136,893
Jan 202357,69591,96876.533.39$4,726,960
Dec 202284,16783,80876.415.73$6,911,343
Nov 202296,65652,46185.005.65$8,511,965
Oct 2022103,71759,17487.185.86$9,389,030
Sep 202215,7084,02384.888.16$1,366,138
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0

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                2,351 bbl  × $106.41 =   $250,170
Casinghead gas    27,458 Mcf  × $  3.05 =    $83,633

────────────────────────────────────────────────────
Month total                                 $333,803

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/56708 is the state's own key, not one this site invented.