LEACH-NICHOLS GAS UNIT
LEACH-NICHOLS GAS UNIT is a Texas gas lease in Hood County, Railroad Commission district 7B, operated by Marshall, Sam. It has 1 wellbore on file with the Commission. Reported production runs from June 1994 to August 2026, totalling 69,153 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 the whole lease — a 100% undivided interest — at about $17K, with roughly $2K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 85 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 172 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about LEACH-NICHOLS GAS UNIT
- Who operates LEACH-NICHOLS GAS UNIT?
- LEACH-NICHOLS GAS UNIT is operated by Marshall, Sam, Railroad Commission of Texas operator number 527835.
- Where is LEACH-NICHOLS GAS UNIT?
- LEACH-NICHOLS GAS UNIT is a Texas gas lease in Hood County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 151431.
- Is LEACH-NICHOLS GAS UNIT still producing?
- LEACH-NICHOLS GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEACH-NICHOLS GAS UNIT is August 2026.
- How much has LEACH-NICHOLS GAS UNIT produced?
- LEACH-NICHOLS GAS UNIT has reported 69,153 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 1994 and August 2026, from 1 wellbore.
- How much is LEACH-NICHOLS GAS UNIT worth?
- The remaining production from LEACH-NICHOLS GAS UNIT is estimated to be worth about $17K in total as of 27 August 2026, within a range of $9K to $25K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEACH-NICHOLS GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LEACH-NICHOLS GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEACH-NICHOLS GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LEACH-NICHOLS GAS UNIT generate in a year?
- LEACH-NICHOLS GAS UNIT is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LEACH-NICHOLS GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marshall, Sam |
|---|---|
| Field | Granbury, N.E. (Atoka) |
| County | Hood County, Texas |
| RRC district | 7B |
| Lease number | 151431 |
| Wellbores | 1 |
| Reported production | 69,153 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $17K |
Where LEACH-NICHOLS GAS UNIT sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.