NICHOLSON, JEROME

Operated by SCOUT ENERGY MANAGEMENT LLC (P-5 760218) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 240987District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.7 M
May 2008 – May 2026
Value, last 12 filed months
$66 k
at the published price for each month
Months reported
217
no gaps in the span
Streams
2
condensate, 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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
CondensateDisposition783 bbl$59,278
GasProduction588,050 Mcf$2,627,776
Total$2,687,054

Every month this lease reported (217)

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

217 months

May 202601,035106.413.05$3,152
Apr 202601,30798.932.87$3,751
Mar 202601,56189.753.15$4,916
Feb 202601,46563.503.75$5,494
Jan 202601,60059.138.00$12,797
Dec 202501,48056.664.41$6,532
Nov 202501,37458.593.93$5,395
Oct 202501,51459.383.30$5,004
Sep 202501,49962.743.08$4,612
Aug 202501,53363.933.01$4,622
Jul 202501,56866.743.32$5,198
Jun 202501,52266.483.13$4,762
May 202501,62760.553.23$5,259
Apr 202501,39062.363.54$4,925
Mar 2025781,76367.704.27$12,806
Feb 202501,58270.884.34$6,867
Jan 202501,71574.324.28$7,338
Dec 202401,59068.993.12$4,963
Nov 202401,30369.052.20$2,865
Oct 202401,37271.372.28$3,130
Sep 202401,38869.612.36$3,282
Aug 202401,42275.632.06$2,934
Jul 202401,68779.932.15$3,621
Jun 202401,75978.082.63$4,633
May 202401,82778.812.20$4,017
Apr 202401,74684.451.66$2,897
Mar 202401,80980.301.55$2,795
Feb 202401,65876.091.78$2,957
Jan 202401,74173.023.30$5,741
Dec 202311,74671.262.61$4,630
Nov 202301,73877.892.81$4,880
Oct 202301,73585.443.09$5,356
Sep 202301,62589.042.74$4,444
Aug 202301,55480.522.67$4,154
Jul 202301,50174.852.64$3,965
Jun 202301,44068.962.26$3,252
May 202302,53170.622.23$5,638
Apr 202310040378.122.24$8,714
Mar 202301,67272.852.39$4,001
Feb 202301,52875.112.47$3,768
Jan 202301,86176.533.39$6,305
Dec 202201,72176.415.73$9,860
Nov 202201,83585.005.65$10,361
Oct 202201,83487.185.86$10,754
Sep 202201,79784.888.16$14,670
Aug 202201,92794.529.13$17,588
Jul 202201,959101.587.54$14,775
Jun 202201,920115.097.98$15,316
May 202202,019109.378.43$17,026
Apr 202201,900104.226.84$12,991
Mar 202201,939108.885.08$9,843
Feb 202201,65791.054.86$8,051
Jan 202201,82281.844.54$8,268
Dec 202101,91971.323.90$7,482
Nov 202101,82477.435.24$9,552
Oct 202101,82879.795.71$10,445
Sep 202101,79269.865.35$9,589
Aug 202102,01866.024.22$8,517
Jul 202101,99870.783.98$7,956
Jun 202101,86769.493.38$6,312
May 202101,93363.483.02$5,833
Apr 202101,87460.362.76$5,169
Mar 202101,83761.302.72$4,991
Feb 202101,65657.805.55$9,187
Jan 202102,09250.412.81$5,879
Dec 202002,01844.642.68$5,399
Nov 202001,87138.772.71$5,064
Oct 2020801,96036.972.48$7,815
Sep 202001,76737.091.99$3,518
Aug 202001,96539.982.39$4,687
Jul 202001,64538.371.83$3,002
Jun 202001,87634.901.69$3,171
May 202001,79316.921.81$3,254
Apr 202002,11114.751.80$3,809
Mar 202002,11130.341.86$3,919
Feb 202001,96349.881.98$3,888
Jan 202002,32257.252.09$4,864
Dec 201902,29059.012.30$5,277
Nov 201902,20855.302.75$6,074
Oct 201902,30253.472.42$5,567
Sep 201902,17155.052.66$5,769
Aug 201902,23053.112.30$5,139
Jul 201902,10856.272.46$5,186
Jun 201902,28352.782.49$5,687
May 201902,34158.482.74$6,415
Apr 201902,24162.632.75$6,164
Mar 201902,36456.803.06$7,239
Feb 201901,88950.852.79$5,275
Jan 201902,06546.033.23$6,666
Dec 201802,35146.594.19$9,840
Nov 201802,25452.934.24$9,551
Oct 201802,38961.443.40$8,118
Sep 201802,32459.543.11$7,223
Aug 201802,31759.403.07$7,105
Jul 201802,05665.142.93$6,028
Jun 201802,03260.183.08$6,252
May 201812,18865.382.90$6,412
Apr 2018182,22663.842.90$7,606
Mar 201802,28161.222.79$6,357
Feb 201802,03861.782.77$5,637
Jan 201802,27162.874.01$9,105
Dec 201702,39957.272.92$7,009
Nov 201702,27955.423.12$7,107
Oct 201702,32949.292.98$6,949
Sep 201702,27147.523.09$7,011
Aug 201702,31145.373.00$6,943
Jul 201712,29743.873.09$7,135
Jun 2017482,29842.493.09$9,134
May 201702,37845.373.26$7,760
Apr 201702,32847.933.21$7,477
Mar 201702,45846.772.98$7,334
Feb 201702,20350.452.95$6,505
Jan 201702,36849.413.42$8,096
Dec 201602,36348.763.72$8,797
Nov 201602,30942.492.64$6,106
Oct 201602,32446.193.09$7,182
Sep 201602,33641.553.10$7,243
Aug 201602,42141.442.92$7,080
Jul 201602,46141.622.92$7,197
Jun 201602,04445.352.69$5,490
May 201602,67242.521.99$5,320
Apr 201602,61836.561.99$5,213
Mar 201602,73033.011.79$4,898
Feb 201602,61826.472.06$5,403
Jan 201602,79927.352.36$6,618
Dec 201502,73532.362.00$5,474
Nov 201502,73338.792.17$5,923
Oct 201502,68843.552.43$6,523
Sep 201502,52542.992.76$6,965
Aug 201502,60740.162.87$7,489
Jul 201502,58748.152.95$7,619
Jun 201502,45856.152.88$7,086
May 201502,88055.212.96$8,512
Apr 201502,69649.822.71$7,297
Mar 201502,72942.892.93$8,009
Feb 201502,54944.662.98$7,586
Jan 201502,85543.433.10$8,852
Dec 201402,89454.693.59$10,393
Nov 201402,85170.464.25$12,122
Oct 201402,97378.303.90$11,598
Sep 201402,83586.164.05$11,469
Aug 201402,86789.394.04$11,569
Jul 201402,85696.564.18$11,937
Jun 20141272,94598.164.74$26,416
May 201403,01094.734.73$14,227
Apr 201402,74195.944.81$13,182
Mar 201402,71895.895.06$13,744
Feb 201402,20097.406.19$13,622
Jan 201402,53890.404.86$12,337
Dec 201302,74691.824.35$11,957
Nov 201302,81288.853.74$10,512
Oct 201303,05797.423.78$11,554
Sep 201303,101104.113.72$11,529
Aug 201303,166104.253.52$11,153
Jul 201302,791102.523.72$10,376
Jun 201302,94794.403.93$11,592
May 2013703,32694.834.15$20,438
Apr 201303,25893.964.28$13,953
Mar 201303,32193.623.91$12,995
Feb 201303,09091.233.42$10,568
Jan 201303,20791.603.42$10,968
Dec 201203,24186.773.42$11,085
Nov 201203,22886.953.62$11,701
Oct 201202,69589.383.40$9,162
Sep 201203,45294.672.92$10,074
Aug 201203,31892.662.91$9,649
Jul 201203,39385.133.02$10,250
Jun 201203,05779.822.52$7,701
May 201203,37791.612.49$8,403
Apr 201203,384101.652.00$6,757
Mar 201203,486105.052.22$7,746
Feb 201203,218101.102.57$8,271
Jan 201203,46698.092.73$9,476
Dec 201103,50496.873.24$11,352
Nov 201103,47895.723.31$11,517
Oct 201103,83184.983.65$13,978
Sep 20111872,09483.623.99$23,983
Aug 201102,88983.404.15$11,987
Jul 201103,49194.144.52$15,770
Jun 201103,34592.904.64$15,520
May 201103,29998.134.40$14,532
Apr 201103,221105.964.33$13,957
Mar 201104,06796.364.06$16,501
Feb 201102,81185.644.18$11,750
Jan 201103,80386.504.59$17,451
Dec 201004,40985.734.35$19,169
Nov 201004,26180.843.80$16,172
Oct 201004,43278.103.51$15,551
Sep 201004,13972.633.98$16,471
Aug 201004,28473.684.42$18,933
Jul 201003,62072.554.74$17,146
Jun 201053,99870.364.91$19,984
May 2010674,39571.124.24$23,379
Apr 201004,04081.694.12$16,656
Mar 201004,02778.394.39$17,673
Feb 201003,94273.585.44$21,454
Jan 201004,58274.365.96$27,327
Dec 200901,88871.445.48$10,353
Nov 200902,66174.593.75$9,983
Oct 200902,62372.544.11$10,781
Sep 200902,14665.543.06$6,577
Aug 200901,46067.423.22$4,699
Jul 2009022861.133.46$790
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009053246.773.59$1,909
Mar 200903,14042.144.06$12,745
Feb 200906,16632.814.63$28,567
Jan 200907,11235.865.37$38,199
Dec 200807,50537.105.98$44,858
Nov 200807,85055.496.86$53,854
Oct 200808,66675.246.92$59,986
Sep 200809,352101.767.88$73,667
Aug 2008011,803114.228.48$100,125
Jul 2008011,142131.0811.39$126,901
Jun 2008020,182131.3313.03$263,025
May 200808,651123.1711.57$100,129

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
Condensate             0 bbl  × $106.41 =         $0
Gas                1,035 Mcf  × $  3.05 =     $3,152

────────────────────────────────────────────────────
Month total                                   $3,152

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. 09/G/240987 is the state's own key, not one this site invented.