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Texas oil lease

Producing

NICHOLS WEST E

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

1 well

6,414bbl oil, last 12 months−46% vs prior year
Operator
Diamondback E&P LLC
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-56736

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
31,993 mcf
Oil in Jul 2026
131 bbl

Production by month

Oil output fell 46% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for NICHOLS WEST E, Aug 2023 to Jul 2026. Oil output fell 46% over the last 12 months. 6,414 bbl in the 12 months through Jul 2026, against 11,825 bbl in the 12 months before.Last 12 months: 6,414 bblbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040k10k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for NICHOLS WEST E, Aug 2023 to Jul 2026. Oil output fell 46% over the last 12 months. 6,414 bbl in the 12 months through Jul 2026, against 11,825 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040k10k50kJan 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 E 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 E 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% · 40,685 mcf

  • Flared (4)

    0.2% · 98 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 E
API numberWell no.Status
42-227-413562WAActive

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

An allocation well is on this lease

Permits for Nichols West E
API numberWell no.Acreson the permit
42-227-413562WA739.46

SourceRailroad Commission drilling permits, Sep 26, 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 E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261311421,4671,4670$80.46$2.89
Jun 20265175094,1624,13329$84.81$3.15
May 20265565573,0083,0080$102.13$2.94
Apr 2026454462000$100.32$2.77
Mar 20266306252,3012,3010$91.38$3.04
Feb 20266426403,2033,2030$64.51$3.62
Jan 20267597533,3413,3410$60.04$7.72
Dec 20257047013,5913,5910$57.97$4.26
Nov 20256967004,6144,58430$60.06$3.79
Oct 20252502687507482$60.89$3.19
Sep 2025464447000$63.96$2.97
Aug 20256116065,5565,53521$64.86$2.91
Jul 20256106142,8412,8410$68.39$3.20
Jun 20256346345,9495,93316$68.17$3.02
May 20255295285,2315,2310$62.17$3.12
Apr 20254934945,1945,12668$63.54$3.42
Mar 20258008055,5605,53921$68.24$4.12
Feb 20251,7561,7567,5127,43676$71.53$4.19
Jan 20252,0432,0419,0568,437619$75.74$4.13
Dec 20241,6611,6588,9528,100852$70.12$3.01
Nov 20241,0351,0363,9153,179736$69.95$2.12
Oct 20241,3021,3025,8135,217596$71.99$2.20
Sep 20244404403,4963,45442$70.24$2.28
Aug 20245225664,0023,96141$76.68$1.99
Jul 20243,9373,91728,20628,14660$81.80$2.07
Jun 20243,9253,91929,53829,409129$79.77$2.54
May 20243,7093,72043,27240,9581,839$80.02$2.12
Apr 20243,2603,30024,80424,105198$85.35$1.60
Mar 20243,5083,45830,36429,7670$81.28$1.49
Feb 20244,5114,51332,32528,5333,193$77.25$1.72
Jan 20244,7374,73133,21531,0621,517$74.15$3.18
Dec 20235,3025,31730,53424,3165,639$71.90$2.52
Nov 20236,4216,42535,72934,56593$77.69$2.71
Oct 20236,5356,52535,78129,7954,756$85.64$2.98
Sep 20236,0996,22535,93833,8391,050$89.43$2.64
Aug 20238,3758,32843,36639,6142,764$81.39$2.58

Flared above 3%

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

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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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