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Texas oil lease · RRC district 08 · Lease 40586

Producing

NICHOLS

Nichols is an oil lease in Howard County, Texas, operated by New Height Energy, LLC in the Spraberry (Trend Area) field. The Railroad Commission shows 84 bbl of oil in the 12 months through Jun 2026.

Oil lease dossier · 2 wells

84bbl oil, last 12 months
RRC lease
08-40586

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County · RRC district 08Open Howard County →
Oil in Jun 2026
0 bbl
Reporting to the state
since Jan 2020
Wells
2
Data through
Jun 2026

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output over the last 12 months

84 bbl in the 12 months through Jul 2026, against 0 bbl in the 12 months before. Jul 2026 was not reported. A red cross marks each one.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output over the last 12 monthsMonthly oil production and gas for NICHOLS, Aug 2023 to Jul 2026. Oil output over the last 12 months. 84 bbl in the 12 months through Jul 2026, against 0 bbl in the 12 months before.Last 12 months: 84 bblbbl per monthmcf per month00505001001,0001501,5002002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output over the last 12 monthsMonthly oil production and gas for NICHOLS, Aug 2023 to Jul 2026. Oil output over the last 12 months. 84 bbl in the 12 months through Jul 2026, against 0 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00505001001,0001501,5002002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 40586, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

59% of the gas went to flaring in the 2 months reported

Flaring peaked at 59.3% of the gas in Feb 2025.

  • Lease fuel (1)
  • Flared (4)
59% of the gas went to flaring in the 2 months reportedShare of NICHOLS gas by disposition code each month, Aug 2023 to Jul 2026. 59% of the gas went to flaring in the 2 months reported. Flaring peaked at 59.3% of the gas in Feb 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 59.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
59% of the gas went to flaring in the 2 months reportedShare of NICHOLS gas by disposition code each month, Aug 2023 to Jul 2026. 59% of the gas went to flaring in the 2 months reported. Flaring peaked at 59.3% of the gas in Feb 2025.Share of gas by disposition code0%50%100%Flared 59.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 40586, district 08. Reported through Jul 2026.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the 2 months reported, 59.3% of the gas was flared. 2 months went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Dec 2025

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeScout Energy Management LLC, Jan 2020 to Nov 2025; New Height Energy, LLC, Dec 2025 to Jun 20262020202120222023202420252026Changed Dec 2025Scout Energy Management LLCJan 2020 to Nov 2025New Height Energy, LLCDec 2025 to now
Operators of this lease over timeScout Energy Management LLC, Jan 2020 to Nov 2025; New Height Energy, LLC, Dec 2025 to Jun 20262020202120222023202420252026Changed Dec 2025Scout Energy Management LLCJan 2020 to Nov 2025New Height Energy, LLCDec 2025 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

2 wells on this lease

Every well the Railroad Commission links to oil lease 40586 in district 08. The API number is the state’s ID for a well.
Wells on NICHOLS
API numberWell no.Status
42-227-363911Shut-in
42-227-3691249PShut-in

SourceTexas Railroad Commission Wellbore Query, district 08, lease 40586.

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

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.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for NICHOLS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026New Height00000$84.81$3.15
May 2026New Height490000$102.13$2.94
Apr 2026New Height350000$100.32$2.77
Mar 2026New Height00000$91.38$3.04
Feb 2026New Height00000$64.51$3.62
Jan 2026New Height00000$60.04$7.72
Dec 2025New Height00000$57.97$4.26
Nov 2025Scout Energy00000$60.06$3.79
Oct 2025Scout Energy00000$60.89$3.19
Sep 2025Scout Energy00000$63.96$2.97
Aug 2025Scout Energy00000$64.86$2.91
Jul 2025Scout Energy00000$68.39$3.20
Jun 2025Scout Energy00000$68.17$3.02
May 2025Scout Energy00000$62.17$3.12
Apr 2025Scout Energy00000$63.54$3.42
Mar 2025Scout Energy001,82901,085$68.24$4.12
Feb 2025Scout Energy001,6520980$71.53$4.19
Jan 2025Scout Energy00000$75.74$4.13
Dec 2024Scout Energy00000$70.12$3.01
Nov 2024Scout Energy00000$69.95$2.12
Oct 2024Scout Energy00000$71.99$2.20
Sep 2024Scout Energy00000$70.24$2.28
Aug 2024Scout Energy00000$76.68$1.99
Jul 2024Scout Energy00000$81.80$2.07
Jun 2024Scout Energy30000$79.77$2.54
May 2024Scout Energy00000$80.02$2.12
Apr 2024Scout Energy73178000$85.35$1.60
Mar 2024Scout Energy140000$81.28$1.49
Feb 2024Scout Energy1108000$77.25$1.72
Jan 2024Scout Energy55146000$74.15$3.18
Dec 2023Scout Energy89187000$71.90$2.52
Nov 2023Scout Energy14514000$77.69$2.71
Oct 2023Scout Energy330000$85.64$2.98
Sep 2023Scout Energy80182000$89.43$2.64
Aug 2023Scout Energy970000$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

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Upload your statements for NICHOLS. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask New Height Energy, 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

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Everything on this page connects to the operator, field and county records. Start from any of them.

New Height Energy, LLC in Howard County

All New Height Energy, LLC leases →

Spraberry (Trend Area) field

All leases in this field →

New drilling permits in Howard County

We do not have coordinates for this lease, so these are the newest permits in its county.

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 Jun 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 40586, district 08, 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.