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Texas oil lease

Producing

NICHOLS WEST B

Nichols West B is an oil lease in Howard County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

11,977bbl oil, last 12 months−32% vs prior year
Operator
Diamondback E&P LLC
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-57134

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
160,386 mcf
Oil in Jul 2026
707 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 32% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for NICHOLS WEST B, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 11,977 bbl in the 12 months through Jul 2026, against 17,570 bbl in the 12 months before.Last 12 months: 11,977 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for NICHOLS WEST B, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 11,977 bbl in the 12 months through Jul 2026, against 17,570 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a transmission line in the last 12 months

Flaring peaked at 18.8% of the gas in Dec 2023.

  • Transmission line (2)
  • Flared (4)
Over 99% of the gas went to a transmission line in the last 12 monthsShare of NICHOLS WEST B gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 18.8% of the gas in Dec 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 18.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a transmission line in the last 12 monthsShare of NICHOLS WEST B gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 18.8% of the gas in Dec 2023.Share of gas by disposition code0%50%100%Flared 18.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 160,106 mcf

  • Flared (4)

    0.2% · 280 mcf

0.2% of the gas flared in the last 12 months. 10 months above 3%.

1 well on this lease

Wells on NICHOLS WEST B
API numberWell no.Status
42-227-413552LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Et-S Permian Pipeline Company LlOilGathers100Mar 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Energy Transfer CompanyOilGathers100Feb 1, 2025Mar 1, 2026
Nustar Permian Trans and Stg,llcOilGathers50Dec 1, 2023Feb 1, 2025
Shell Trading (Us) CompanyOilGathers50Aug 1, 2024Feb 1, 2025
Wtg Gas Processing, LLCCasinghead gasGathers100Aug 30, 2022Aug 1, 2024
Wtg Gas Processing, LLCCasinghead gasBuys100Dec 1, 2023Aug 1, 2024

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

Who buys my oilOil price check

739.46 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Nichols West B
API numberWell no.Acreson the permit
42-227-413552LS739.46

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

What Diamondback Energy, Inc. told investors it received

Diamondback E&P LLC is linked to Diamondback Energy, Inc. (FANG).
Realized prices reported by Diamondback Energy, Inc.
QuarterOil$ per bblFiling
Q2 2026$96.82SEC filing
Q1 2026$73.47SEC filing
Q4 2025$58.00SEC filing
Q3 2025$64.60SEC filing
Q2 2025$63.23SEC filing
Q1 2025$70.95SEC filing

SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for NICHOLS WEST B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202670770517,56917,5690$80.46$2.89
Jun 202672071017,42217,302120$84.81$3.15
May 202685986116,73616,7360$102.13$2.94
Apr 202673474513,96913,95415$100.32$2.77
Mar 202696595715,80915,8090$91.38$3.04
Feb 202689789612,56112,5610$64.51$3.62
Jan 20261,1821,17213,65813,6580$60.04$7.72
Dec 20251,2371,23313,34113,3410$57.97$4.26
Nov 20251,2021,21713,09613,01185$60.06$3.79
Oct 20251,1801,2168,8888,86028$60.89$3.19
Sep 20251,0941,0528,8028,8020$63.96$2.97
Aug 20251,2001,1918,5358,50332$64.86$2.91
Jul 20251,2331,2418,2328,2320$68.39$3.20
Jun 20251,2701,2727,8227,80121$68.17$3.02
May 20251,2371,2417,3557,3550$62.17$3.12
Apr 20252,4402,43911,27411,127147$63.54$3.42
Mar 20252,6862,68712,82512,77847$68.24$4.12
Feb 20252,5672,56610,38510,280105$71.53$4.19
Jan 20252,9572,95511,56310,773790$75.74$4.13
Dec 20242,8672,8569,1548,283871$70.12$3.01
Nov 202400000$69.95$2.12
Oct 2024686812010812$71.99$2.20
Sep 202432341681662$70.24$2.28
Aug 20242132398918829$76.68$1.99
Jul 20242,2722,2625,6425,63012$81.80$2.07
Jun 20242,4382,4336,2416,21427$79.77$2.54
May 20242,0272,0357,5607,269291$80.02$2.12
Apr 20242,0532,0876,9026,84656$85.35$1.60
Mar 20242,6092,5659,8279,8270$81.28$1.49
Feb 20242,0452,0533,7793,399380$77.25$1.72
Jan 20243,4733,4591,2101,15456$74.15$3.18
Dec 20231,4451,450750609141$71.90$2.52
Nov 20231,8341,8375505491$77.69$2.71
Oct 20232,1902,19549442668$85.64$2.98
Sep 20233,7793,8717,6437,413230$89.43$2.64
Aug 20235,9435,90116,22215,1641,058$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyHoward County

Diamondback E&P LLC in Howard County

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Spraberry (Trend Area) field

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