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Texas oil lease

Producing

NICHOLS WEST D

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

3 wells

24,415bbl oil, last 12 months−52% vs prior year
Operator
Diamondback E&P LLC
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-56708

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
249,835 mcf
Oil in Jul 2026
1,862 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.

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Production by month

Oil output fell 52% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for NICHOLS WEST D, Aug 2023 to Jul 2026. Oil output fell 52% over the last 12 months. 24,415 bbl in the 12 months through Jul 2026, against 50,636 bbl in the 12 months before.Last 12 months: 24,415 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80k25k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for NICHOLS WEST D, Aug 2023 to Jul 2026. Oil output fell 52% over the last 12 months. 24,415 bbl in the 12 months through Jul 2026, against 50,636 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80k25k100kJan 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 Nov 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a transmission line in the last 12 monthsShare of NICHOLS WEST D 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 Nov 2024.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 D 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 Nov 2024.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% · 249,376 mcf

  • Flared (4)

    0.2% · 459 mcf

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

3 wells on this lease

Wells on NICHOLS WEST D
API numberWell no.Status
42-227-413461WAActive
42-227-413471WBActive
42-227-413481LSActive

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

698.92 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 D
API numberWell no.Acreson the permit
42-227-413461WA698.92
42-227-413471WB698.92
42-227-413481LS698.92

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 D
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,8621,85419,88119,8810$80.46$2.89
Jun 20261,7751,75417,81517,693122$84.81$3.15
May 20262,3632,35127,45827,4580$102.13$2.94
Apr 20261,0771,10910,56710,55611$100.32$2.77
Mar 20262,0251,98923,24723,2470$91.38$3.04
Feb 20268058198,8058,8050$64.51$3.62
Jan 20262,2562,23923,60323,6030$60.04$7.72
Dec 20253,0943,08332,96032,9600$57.97$4.26
Nov 20252,8792,90232,27132,062209$60.06$3.79
Oct 20251,6711,73617,84317,78756$60.89$3.19
Sep 20251,8311,76418,91618,9160$63.96$2.97
Aug 20252,7772,75616,46916,40861$64.86$2.91
Jul 20253,0753,09627,21127,2110$68.39$3.20
Jun 20253,2593,25735,14435,05094$68.17$3.02
May 20252,3362,33436,66836,6680$62.17$3.12
Apr 20253,0193,02045,34944,757592$63.54$3.42
Mar 20253,5853,58739,03938,895144$68.24$4.12
Feb 20253,8373,83441,26740,849418$71.53$4.19
Jan 20253,6443,64848,93645,5933,343$75.74$4.13
Dec 20245,3205,32647,15442,6694,485$70.12$3.01
Nov 20246,4716,47546,81638,0168,800$69.95$2.12
Oct 20242,0952,1558,8308,353477$71.99$2.20
Sep 20248,2988,26156,47855,826652$70.24$2.28
Aug 20245,6975,72962,37861,807571$76.68$1.99
Jul 20246,9766,95262,10261,990112$81.80$2.07
Jun 20248,2878,27862,82762,599228$79.77$2.54
May 20248,4868,50761,64658,4442,361$80.02$2.12
Apr 20247,1337,21743,84942,715351$85.35$1.60
Mar 20247,4707,36152,73251,9020$81.28$1.49
Feb 20249,0659,06947,57242,1194,713$77.25$1.72
Jan 20249,7529,74059,89756,1592,742$74.15$3.18
Dec 202310,96810,98666,02952,79312,242$71.90$2.52
Nov 202310,87310,88866,17764,219172$77.69$2.71
Oct 202312,37412,37670,57559,0789,431$85.64$2.98
Sep 202315,74116,05369,06864,8112,012$89.43$2.64
Aug 202320,99220,83689,54281,5485,690$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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