NICHOLSON, JOHN W. GAS UNIT
NICHOLSON, JOHN W. GAS UNIT is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by Powco Oil & Gas Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 745,031 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $60, with roughly $9 expected over the next twelve months.
| Operator | Powco Oil & Gas Co. |
|---|---|
| Field | Glenwood (Cotton Valley) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 120944 |
| Wellbores | 1 |
| Reported production | 745,031 mcf |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $60 |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.