NICOLE B
NICOLE B is a Texas oil lease in Dawson County, Railroad Commission district 08, operated by Hibernia Resources IV, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2025 to August 2026, totalling 240,234 barrels. 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 $105.4M, with roughly $23.6M 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 34,266 barrels a month. Its strongest month on the record we hold was April 2026, at 41,930 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 NICOLE B
- Who operates NICOLE B?
- NICOLE B is operated by Hibernia Resources IV, LLC, Railroad Commission of Texas operator number 101969.
- Where is NICOLE B?
- NICOLE B is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 64426.
- Is NICOLE B still producing?
- NICOLE B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NICOLE B is August 2026.
- How much has NICOLE B produced?
- NICOLE B has reported 240,234 barrels of oil (bbl) to the Railroad Commission of Texas between November 2025 and August 2026, from 1 wellbore.
- How much is NICOLE B worth?
- The remaining production from NICOLE B is estimated to be worth about $105.4M in total as of 26 August 2026, within a range of $86.5M to $124.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NICOLE B is a fraction of it. The estimate fits an Arps decline curve to the production NICOLE B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NICOLE B is an estimate of value, not an offer and not an appraisal.
- How much income does NICOLE B generate in a year?
- NICOLE B is forecast to net about $23.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NICOLE B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hibernia Resources IV, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Dawson County, Texas |
| RRC district | 08 |
| Lease number | 64426 |
| Wellbores | 1 |
| Reported production | 240,234 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $105.4M |
Where NICOLE B 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.