NICHOLS, J.

Operated by CONCHO OILFIELD SERV & OPER CO. (P-5 170164) in the J. NICHOLS (KING SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14548District 7CField 45137235OilSave
Value, all time
$1.2 M
Feb 1997 – May 2026
Value, last 12 filed months
$106 k
at the published price for each month
Months reported
352
no gaps in the span
Streams
1
oil

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
OilDisposition27,952 bbl$1,188,796
Total$1,188,796

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 31.0842, -99.9623. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.08421, -99.96230 · 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
2,174 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 2,172 and 2,176 ft, median 2,174 ft, over the 2 wells that filed a depth.

Completions filed
May 1997 – Nov 1997
2 of 2 wells

2 wells

42-327308162A2,176 ftNov 1997
42-327308253A2,172 ftMay 1997

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 (352)

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

352 months

May 2026172106.413.05$18,303
Apr 202617598.932.87$17,313
Mar 202617989.753.15$16,065
Feb 202617463.503.75$11,049
Jan 2026059.138.00$0
Dec 202518156.664.41$10,255
Nov 2025058.593.93$0
Oct 202518159.383.30$10,748
Sep 2025062.743.08$0
Aug 202517363.933.01$11,060
Jul 202517366.743.32$11,546
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 202517667.704.27$11,915
Feb 2025070.884.34$0
Jan 202517274.324.28$12,783
Dec 2024068.993.12$0
Nov 202418269.052.20$12,567
Oct 2024071.372.28$0
Sep 202417269.612.36$11,973
Aug 2024075.632.06$0
Jul 202417379.932.15$13,828
Jun 2024078.082.63$0
May 202413278.812.20$10,403
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 202416373.023.30$11,902
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 202316885.443.09$14,354
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 202316968.962.26$11,654
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 202315472.852.39$11,219
Feb 2023075.112.47$0
Jan 202316976.533.39$12,934
Dec 202217376.415.73$13,219
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 202216294.529.13$15,312
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 2022171108.885.08$18,618
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 202117577.435.24$13,550
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 202116970.783.98$11,962
Jun 2021069.493.38$0
May 202117463.483.02$11,046
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 202017038.772.71$6,591
Oct 2020036.972.48$0
Sep 202016637.091.99$6,157
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 202017034.901.69$5,933
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 201917052.782.49$8,973
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 201917050.852.79$8,645
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 201815265.382.90$9,938
Apr 2018063.842.90$0
Mar 201815561.222.79$9,489
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 201716657.272.92$9,507
Nov 201716455.423.12$9,089
Oct 2017049.292.98$0
Sep 201715947.523.09$7,556
Aug 2017045.373.00$0
Jul 201716643.873.09$7,282
Jun 2017042.493.09$0
May 201716245.373.26$7,350
Apr 2017047.933.21$0
Mar 201716946.772.98$7,904
Feb 201717650.452.95$8,879
Jan 201716149.413.42$7,955
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 201616946.193.09$7,806
Sep 201615841.553.10$6,565
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 201616842.521.99$7,143
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 201617226.472.06$4,553
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 201514743.552.43$6,402
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 201513748.152.95$6,597
Jun 2015056.152.88$0
May 201516255.212.96$8,944
Apr 2015049.822.71$0
Mar 201515442.892.93$6,605
Feb 2015044.662.98$0
Jan 201516643.433.10$7,209
Dec 201415654.693.59$8,532
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 201416386.164.05$14,044
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 201416395.944.81$15,638
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 201316288.853.74$14,394
Oct 201315597.423.78$15,100
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 2013170102.523.72$17,428
Jun 2013094.403.93$0
May 201317294.834.15$16,311
Apr 2013093.964.28$0
Mar 201315993.623.91$14,886
Feb 2013091.233.42$0
Jan 201315491.603.42$14,106
Dec 2012086.773.42$0
Nov 201215286.953.62$13,216
Oct 201216289.383.40$14,480
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 201215985.133.02$13,536
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 201215998.092.73$15,596
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 201115083.404.15$12,510
Jul 2011094.144.52$0
Jun 201112892.904.64$11,891
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 201017773.684.42$13,041
Jul 201016372.554.74$11,826
Jun 201016470.364.91$11,539
May 2010071.124.24$0
Apr 201017181.694.12$13,969
Mar 2010078.394.39$0
Feb 201016673.585.44$12,214
Jan 2010074.365.96$0
Dec 200916371.445.48$11,645
Nov 200916274.593.75$12,084
Oct 2009072.544.11$0
Sep 200916265.543.06$10,617
Aug 200915367.423.22$10,315
Jul 2009061.133.46$0
Jun 200916266.163.90$10,718
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 200916832.814.63$5,512
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 200833575.246.92$25,205
Sep 20080101.767.88$0
Aug 2008164114.228.48$18,732
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 2008331123.1711.57$40,769
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 200216222.003.10$3,564
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 2001018.072.41$0
Oct 2001019.782.53$0
Sep 2001024.262.25$0
Aug 2001024.873.05$0
Jul 2001023.933.20$0
Jun 2001024.563.82$0
May 2001025.524.31$0
Apr 2001024.685.34$0
Mar 2001024.545.38$0
Feb 2001027.755.77$0
Jan 200117227.478.40$4,725
Dec 200017026.889.12$4,570
Nov 200017232.215.66$5,540
Oct 200015731.235.15$4,903
Sep 2000031.875.19$0
Aug 200016529.644.54$4,891
Jul 200017428.534.09$4,964
Jun 200050029.304.40$14,650
May 200066827.263.68$18,210
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 1999023.192.43$0
Oct 1999020.982.80$0
Sep 1999021.752.62$0
Aug 1999019.262.88$0
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 1999015.792.32$0
Apr 1999015.102.21$0
Mar 199917712.471.84$2,207
Feb 19991809.981.82$1,796
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 199870312.592.08$8,851
Aug 199870811.301.91$8,000
Jul 199869911.742.24$8,206
Jun 199834811.242.24$3,912
May 199834912.622.21$4,404
Apr 199840413.042.51$5,268
Mar 199849312.802.31$6,310
Feb 199851513.952.30$7,184
Jan 199867014.702.15$9,849
Dec 19971,03916.322.41$16,956
Nov 199751818.193.09$9,422
Oct 199769819.253.15$13,437
Sep 19971,22517.742.95$21,732
Aug 19971,61017.862.55$28,755
Jul 199735517.582.25$6,241
Jun 199735417.242.26$6,103
May 199734718.972.31$6,583
Apr 199767717.882.08$12,105
Mar 199736718.951.94$6,955
Feb 1997020.492.21$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                  172 bbl  × $106.41 =    $18,303

────────────────────────────────────────────────────
Month total                                  $18,303

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. 7C/O/14548 is the state's own key, not one this site invented.