NICHOLS
NICHOLS is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Zachry Oil And Gas Properties. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 7,043 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $459, with roughly $88 expected over the next twelve months.
| Operator | Zachry Oil And Gas Properties |
|---|---|
| Field | Hobbs, East (5900) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 65082 |
| Wellbores | 2 |
| Reported production | 7,043 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $459 |
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.