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Texas oil lease

Producing

NICHOLS

Nichols is an oil lease in Ward County, Texas, operated by Jetta Operating Company, Inc. in the Scott (Delaware) field.

1 well

144bbl oil, last 12 months−90% vs prior year
RRC lease
08-31427

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
2,788 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 90% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 90% over the last 12 monthsMonthly oil production and gas for NICHOLS, Aug 2023 to Jul 2026. Oil output fell 90% over the last 12 months. 144 bbl in the 12 months through Jul 2026, against 1,493 bbl in the 12 months before.Last 12 months: 144 bblbbl per monthmcf per month001002502005003007504001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 90% over the last 12 monthsMonthly oil production and gas for NICHOLS, Aug 2023 to Jul 2026. Oil output fell 90% over the last 12 months. 144 bbl in the 12 months through Jul 2026, against 1,493 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002502005003007504001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Aug 2025 the lease's gas goes to a processing plant instead of a transmission line

  • Processing plant (3)
  • Transmission line (2)
Since Aug 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of NICHOLS gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2025 the lease's gas goes to a processing plant instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Aug 2025: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Aug 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of NICHOLS gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2025 the lease's gas goes to a processing plant instead of a transmission line.Share of gas by disposition code0%50%100%Aug 25: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Aug 2025

Operators of this lease over timePitts Energy Co., Jan 2020 to Jul 2025; Jetta Operating Company, Inc., Aug 2025 to Jul 20262020202120222023202420252026Changed Aug 2025Pitts Energy Co.Jan 2020 to Jul 2025Jetta Operating Company, Inc.Aug 2025 to now
Operators of this lease over timePitts Energy Co., Jan 2020 to Jul 2025; Jetta Operating Company, Inc., Aug 2025 to Jul 20262020202120222023202420252026Changed Aug 2025Pitts Energy Co.Jan 2020 to Jul 2025Jetta Operating Company, Inc.Aug 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on NICHOLS
API numberWell no.Status
42-475-338021Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jul 1, 2026–
Brazos Midstream Operating, LLCCasinghead gasBuys100May 1, 2017–
Brazos Midstream Operating, LLCCasinghead gasGathers100May 1, 2017–
Enterprise Crude Oil LLCOilGathers100Apr 1, 2018Jul 1, 2026

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

40 acres on the newest permit

Permits for Nichols
API numberWell no.Acreson the permit
42-475-33802140

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for NICHOLS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Jetta Operating0066660$80.46$2.89
Jun 2026Jetta Operating0094940$84.81$3.15
May 2026Jetta Operating002362360$102.13$2.94
Apr 2026Jetta Operating002072070$100.32$2.77
Mar 2026Jetta Operating002722720$91.38$3.04
Feb 2026Jetta Operating0972572570$64.51$3.62
Jan 2026Jetta Operating002872870$60.04$7.72
Dec 2025Jetta Operating001901900$57.97$4.26
Nov 2025Jetta Operating001991990$60.06$3.79
Oct 2025Jetta Operating001711710$60.89$3.19
Sep 2025Jetta Operating1602042040$63.96$2.97
Aug 2025Jetta Operating1281686056050$64.86$2.91
Jul 2025Pitts Energy1371733383380$68.39$3.20
Jun 2025Pitts Energy12604434430$68.17$3.02
May 2025Pitts Energy1481763683680$62.17$3.12
Apr 2025Pitts Energy1391722652650$63.54$3.42
Mar 2025Pitts Energy1461634874870$68.24$4.12
Feb 2025Pitts Energy1561725795790$71.53$4.19
Jan 2025Pitts Energy2601738578570$75.74$4.13
Dec 2024Pitts Energy002512510$70.12$3.01
Nov 2024Pitts Energy1002702700$69.95$2.12
Oct 2024Pitts Energy1211746476470$71.99$2.20
Sep 2024Pitts Energy1291726966960$70.24$2.28
Aug 2024Pitts Energy1211666306300$76.68$1.99
Jul 2024Pitts Energy1461686306300$81.80$2.07
Jun 2024Pitts Energy11806156150$79.77$2.54
May 2024Pitts Energy1391667177170$80.02$2.12
Apr 2024Pitts Energy1401746896890$85.35$1.60
Mar 2024Pitts Energy1551716586580$81.28$1.49
Feb 2024Pitts Energy14003693690$77.25$1.72
Jan 2024Pitts Energy1571742762760$74.15$3.18
Dec 2023Pitts Energy1701795405400$71.90$2.52
Nov 2023Pitts Energy1481735385380$77.69$2.71
Oct 2023Pitts Energy1541766006000$85.64$2.98
Sep 2023Pitts Energy1371645315310$89.43$2.64
Aug 2023Pitts Energy1531764684680$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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