Texas oil lease · RRC district 05 · Lease 02476
ProducingNICHOLS
Nichols is an oil lease in Limestone County, Texas, operated by Wmo Oil, LLC in the Horn Hill (Woodbine) field. The Railroad Commission shows 300 bbl of oil in the 12 months through Jul 2026.
Oil lease dossier · 1 well
- Operator
- Wmo Oil, LLC
- County
- Limestone County
- Field
- Horn Hill (Woodbine)
- RRC lease
- 05-02476
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Where it sits
This county
- Oil in Jul 2026
- 10 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 1
- Data through
- Jul 2026
Production
Month by month, from the state record
Oil output rose 40% over the last 12 months
300 bbl in the 12 months through Jul 2026, against 215 bbl in the 12 months before.
- Oil (bars, left axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 02476, district 05. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
No gas disposition reported for this lease
Operator history
Who has run this lease
The operator changed once, most recently in May 2024
If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.
- Wmo Oil, LLC May 2024 to now
- Martin Foree Operating II, LLC Jan 2020 to Apr 2024
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
1 well on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-293-30575 | 1 | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 05, lease 02476.
Who buys and gathers
Who moves and buys this lease's production
Oil
Plains Marketing, L.p. gathers it.
100% of it, on the list since Nov 18, 2022
Companies that used to be listed: Energy Transfer Company (gathers it, until Nov 18, 2022); Energy Transfer Company (buys it, until Nov 18, 2022); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Nov 18, 2022).
SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.
Unit and wells
40 acres on the newest permit
- Wells on the permits
- 11 not plugged
- Horizontal
- 0
- First completion
- Oct 28, 1982
- Latest permit
- Aug 28, 1981
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-293-30575 | 1 | Aug 28, 1981 | Oct 28, 1982 | 40 |
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says NICHOLS sold each month.
For example 0.00097656, or a fraction like 1/1024.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|
| Jul 2026Wmo Oil, | 10 | 0 | $80.46 | $2.89 |
| Jun 2026Wmo Oil, | 10 | 0 | $84.81 | $3.15 |
| May 2026Wmo Oil, | 10 | 73 | $102.13 | $2.94 |
| Apr 2026Wmo Oil, | 10 | 0 | $100.32 | $2.77 |
| Mar 2026Wmo Oil, | 10 | 0 | $91.38 | $3.04 |
| Feb 2026Wmo Oil, | 10 | 0 | $64.51 | $3.62 |
| Jan 2026Wmo Oil, | 30 | 83 | $60.04 | $7.72 |
| Dec 2025Wmo Oil, | 20 | 0 | $57.97 | $4.26 |
| Nov 2025Wmo Oil, | 40 | 0 | $60.06 | $3.79 |
| Oct 2025Wmo Oil, | 45 | 0 | $60.89 | $3.19 |
| Sep 2025Wmo Oil, | 65 | 68 | $63.96 | $2.97 |
| Aug 2025Wmo Oil, | 40 | 103 | $64.86 | $2.91 |
| Jul 2025Wmo Oil, | 15 | 0 | $68.39 | $3.20 |
| Jun 2025Wmo Oil, | 15 | 0 | $68.17 | $3.02 |
| May 2025Wmo Oil, | 15 | 81 | $62.17 | $3.12 |
| Apr 2025Wmo Oil, | 15 | 0 | $63.54 | $3.42 |
| Mar 2025Wmo Oil, | 15 | 0 | $68.24 | $4.12 |
| Feb 2025Wmo Oil, | 15 | 0 | $71.53 | $4.19 |
| Jan 2025Wmo Oil, | 15 | 86 | $75.74 | $4.13 |
| Dec 2024Wmo Oil, | 15 | 0 | $70.12 | $3.01 |
| Nov 2024Wmo Oil, | 15 | 0 | $69.95 | $2.12 |
| Oct 2024Wmo Oil, | 15 | 0 | $71.99 | $2.20 |
| Sep 2024Wmo Oil, | 35 | 0 | $70.24 | $2.28 |
| Aug 2024Wmo Oil, | 30 | 103 | $76.68 | $1.99 |
| Jul 2024Wmo Oil, | 30 | 0 | $81.80 | $2.07 |
| Jun 2024Wmo Oil, | 30 | 0 | $79.77 | $2.54 |
| May 2024Wmo Oil, | 30 | 0 | $80.02 | $2.12 |
| Apr 2024Martin Foree | 30 | 122 | $85.35 | $1.60 |
| Mar 2024Martin Foree | 0 | 0 | $81.28 | $1.49 |
| Feb 2024Martin Foree | 20 | 0 | $77.25 | $1.72 |
| Jan 2024Martin Foree | 20 | 0 | $74.15 | $3.18 |
| Dec 2023Martin Foree | 0 | 0 | $71.90 | $2.52 |
| Nov 2023Martin Foree | 0 | 0 | $77.69 | $2.71 |
| Oct 2023Martin Foree | 0 | 0 | $85.64 | $2.98 |
| Sep 2023Martin Foree | 0 | 0 | $89.43 | $2.64 |
| Aug 2023Martin Foree | 0 | 0 | $81.39 | $2.58 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
Check your statements
Do your checks match this lease?
Upload your statements for NICHOLS. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Wmo Oil, LLC.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Wmo Oil, LLC in Limestone County
- BAKER, DANNY LEE OIL UNIT
330 bbl last 12 months
Leases within 10 km
Found by the location of their wells.
- BAKER, DANNY LEE OIL UNIT
330 bbl last 12 months · 0.4 km away
- SPURLOCK
0 mcf last 12 months · 1 km away
New drilling permits in Limestone County
We do not have coordinates for this lease, so these are the newest permits in its county.
NM 1011 #1 H
new drill · horizontal · Southwest Operating, Inc.-Tyler · Limestone County
Permit 0918728 · Sep 22, 2026
CP# 26-152 CATHODIC PROTECTION #42
new drill · Atmos Pipeline - Texas · Limestone County
Permit 0918565 · Sep 16, 2026
CARPENTER GAS UNIT II #20H
recompletion · horizontal · Hilcorp Energy Company · Limestone County
Permit 0918183 · Sep 14, 2026
ROBERT SHAW GAS UNIT NO. 1 #1
recompletion · Hilcorp Energy Company · Limestone County
Permit 0918004 · Aug 24, 2026
W. O. STONE GAS UNIT NO. 1 #17
recompletion · Hilcorp Energy Company · Limestone County
Permit 0916743 · Jun 26, 2026
How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Jul 2026?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 02476, district 05, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.